Back in late 2019, I convinced a good friend to dip into crypto. He bought 10 ETH at $115 each, nearly nailing the market bottom. Like most of us, he got tired of HODLing and eventually started swapping coins.
By the end of 2020, he held just over 9 ETH, his portfolio sitting at about 3.5x his entry. But due to personal issues, he decided to sell in October 2020. At that time, ETH was around $400, but by May 2021, it hit $4,000, meaning if he’d held, his investment would’ve been worth 10x. He could’ve turned $1,700 into $40,000 with a bit more patience. Unfortunately, he didn’t. Right now, we’re at a similar stage to when he sold.
BTC is hitting new all-time highs every few hours, and the altcoin market is about to go ballistic. All it needs is BTC closing a couple of weekly candles above ATH, signaling new money to flood in.
From here, your social media feeds will blow up with ATH posts and speculative BTC targets anywhere from $100,000 to $600,000 and beyond. I’m no forecaster, but I’ve got one tip for anyone in their first bull market: if you feel like taking screenshots of your portfolio to brag, it’s probably time to think seriously about taking some profits. Super cycles don’t last forever, and a bear market will follow this one.
Things can flip 180 degrees as fast as they’re rising now. The total market cap is just above the 2021 ATH, and I’m betting on a 2x this cycle, meaning we still have room before we deflate again.
Some coins could gain tenfold or more in mere weeks over the next six months. So if the bull market blesses you with wild profits, take some off the table—nobody regrets securing gains. Whoever bought in 2022 and 2023 and HODLed to now is about to reap big rewards.
Microcaps and low caps are primed to skyrocket over the next half-year to a year. No one can time the market’s peak, so playing it safe while others get overconfident is probably the best strategy. Get ready for BTC to keep breaking ATHs and your portfolio doubling week over week.
@empoderat’s story about becoming a crypto millionaire in 2021 is still vivid in my memory, and I hope we all have a shot at a similar outcome this cycle. The best part of this bull run is ahead—let’s make the most of it.
Thanks for your attention,
Adrian
Yeah man, totally agree, be sure to have your exit plan ready and put up sell orders now, human mind can get greedy, at 100k nah... i'll wait with taking profit until it's 120k! and at 120k people move the post again to 150k, then it plumets without taking profit at all (and no I don't think 150k is the max for this cycle 😜)
What do you think will be the top?
No one knows! My sell orders are from 95 to just under 250k 😁
Best chart we have is plan B's stock 2 flow model I guess
PlanB is a joke.
I would say he nailed it again 😆
The ultimate problem with this, which is the standard, is that people move all in or all out instead of DCA.
MIN/MAX MIN/MAX MIN/MAX MIN/MAX
Every time.
And then we tell people to DCA and they'll say something like yeah whatever that's easy enough.
Probably the absolute hardest thing to do in this space.
DCA is the master plan for me this cycle.