Nailed It... Again

I have to say that being in crypto for five years already has not really made me the investor I was planning to be, and imagining I would become. Often times wishful thinking is not gonna help in any way. Productive thinking, objectiveness, and precise strategies are doing a hell of a better job of making money from crypto.

The first bull market(2017) for me was a clear miss because I didn't even know Bitcoin's price is evolving over some four years cycle pattern and I didn't even know it was already in a bull market. I kind of landed in here naked when it comes to such knowledge.

2021?

Well, I can't say it was as unproductive as 2017, some really nice airdrops really helped with making this one a bit better for my personal finances than the 2017 bull market has been, but nevertheless, I wouldn't call 2021 a "sufficiently profitable one" either.

I hope I'm not mistaken, but the only ones I am aware of who have taken some decent profits off the table in 2021 are @khaleelkazi and @empoderat, and most of the rest of us have pretty forgotten to do that. Khal mentioned that in a video a few days ago where he talked about "mitigating bear markets" and having the dough at hand to build during such bear seasons.

In that particular video, he said that he's pretty happy with the profits he took in 2021. Empoderat has dedicated a whole post almost one year ago to his successful handling of the 2020-2021 bull market and to me that post is motivational, to say the least.

The problem with the past bull and bear cycle was that I didn't have the experience to pull profits off the table when that should have been done and I was too afraid to buy as much as possible when everything was scrapping the bottom. I also screwed my chance with DOGE which was actually a hell of a good one...

I gotta say that now I kinda learned my lessons in crypto. The strategy is pretty basic... You just have to buy low(-80% from the ATH) and sell high(usually after the halving). I have mentioned a few days ago in a post that I believe the halving will play a crucial role, as it did so far in igniting future bull markets for Bitcoin, until probably the last one is mined.

The way I see it, events happen around the halving and not vice versa, thus my crypto strategy is once again plain and simple: accumulate during heavy corrections(bear market), which I already did, and sell after the halving.

I don't own Bitcoin, I only own alts, but we all know altcoins follow blindly what bitcoin does. Some of them occasionally have their own rallies, but usually, they follow path with BTC. Hence will start dumping my coins a few months after the next halving occurs which will be sometime in Q1 2024.

The strategy is to do that "the DCA style" which means I won't be offloading everything at once, on the contrary, I'm planning to sell small portions of like 10% of my portfolio each month/pump after the halving occurs. Somehow dragging the process into a year time after that event. From what I noticed it takes BTC about 1,5 years to top after its halving, thus one year's time for taking a chunk of profits from my current investment is more than I need.

Altcoins are lagging a bit to Bitcoin in price action thus I will have to adjust my strategy and selling starting point based on the past performance of ETH for example, which started its bull market rally a bit later than BTC did. The plan is nailed, folks, but I don't have any price projection for my coins. Will see what the market brings and act accordingly. What about you, do you have any strategy for the next bull market?

Thanks for your attention, Adrian

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