Yes, We are Still in a Bull Market

If you’ve been waiting for the bull run to really take off, you’re not alone! While meme coins are having a moment, the projects with actual utility seem to be lagging or going sideways. Many investors, especially those new to the cycle, are growing impatient. But I want to assure you that, despite the lackluster market sentiment, there is no reason to panic or feel despondent. In fact, historical patterns indicate that we are right on track.

You see, in a 4 year Bitcoin cycle, charts show that a market bottom usually happens about 1.3 years before a halving, and a market top roughly 1.3 years after. And what happens in between? Sideways action, run-ups, corrections and a whole lot of volatility!

In fact, many of you know that we are in the post halving ‘Re Accumulation’ zone and this is considered to be the last ‘cheap’ zone for crypto prior to the official bull market commencing. Historically speaking, this period could take us to November this year – but many speculate the market is going to move and shake earlier because of the added institutional involvement.

This is why emotional management and patience come into play. Because trust me, the last thing you want is to make a decision now that you’ll regret later! This is normal market stuff, and it’s happening in all markets, not just crypto.

As I’ve emphasised before, crypto can’t be stopped. It has proven to be a powerful way for people to own and manage their wealth, and make incredible gains along the way. I believe we are just getting started in terms of the capability, utility and disruption this asset class will unleash.

So what should you be doing right now? 

1. Accumulate and Dollar Cost Average: If you have the capital and are looking to enter the market, DCA could be one of your safest methods to enter and still acquire great discounts. DCA also prevents you from accumulating a large position at once – only to find it potentially drops 10-20% the following week (as we are in the volatile phase). Although some investors are not bothered by this because they see the long term value and price projection.
2. Stick to Your Plan: If your positions are ready and fully allocated, keep a close watch on the market and stick to your investment plan. Remember, in any bull market, corrections of 20-30% are not only normal, they’re to be expected. These corrections, while uncomfortable, are a natural part of the market cycle and often precede significant upward movements.
3. Stay Informed: Watch the market updates and stay on top of developments with your crypto coins. (Without falling into FUD or emotional decision-making!).

Remember, volatility is the price we pay for gains. So stay patient, stay confident, the bull run is alive and well.