How was ur week?
Did you sell yesterday? Scared? Ah, I see. Good that you didnt. That was a test. You passed. You are now promoted to a Level 2 Investor.
As far as the cycle goes, yesterday was worrisome for only a few reasons. It could’ve went either way. We could’ve had either an early bear market (for whatever reason) — or kept following the cycle.
Good thing I’m here to confirm…we are still on cycle.
Again, let me repeat. Short-Term price guessing is always in the air. When you start going a few months out its a lot easier to say white WS are headed.
Also understand, the reason not too many people can ACURATELY predict this cycle this time around is due to Covid 2020. That one event literally broke markets. We’ve kept a regular having cycle for 10 years or so.
Every 4 years, BTC halvs. When BTC does this, it takes roughly half a year for markets to catch up to the new supply/demand. Thats when we rise during summer. Then we dip down to about November. End of November to Jan we pump high. Then we crash for a year before spending another year recovering.
This is the market cycle. It doesn’t usually change. Short term will always be different but this time around — we’ve had our major 50-60% correction already along with MASSIVE november dips and even now in December.
What this could elude is that, not only will we extend our bull cycle — possibly into two parts. But, we may see crazy crazy crazy gains. Then a MASSIVE crash.
I’m seeing a 2-3 month extension of the usual cycle. So instead of January, I’m seeing March/April. Then a crash near end of Q1.
My strategy right now is to watch closely to December. Its so hard to see if we are accurately following 2017 without a big upside this month. Each month so far has gone accordingly. This month is the last and most important month to see once and for all what happens here on out.
According to 2017. We had another small dip early December like we did recently, then starting Dec 5-7th and forward, we spiked so hard up until January 1st.
Understand that anyone from the 2017-2018 era like myself is going to try to be safe with January. We aetnt trying to repeat the same mistakes. Many will pull out cash just in case, so a self-fufilling prophecy.
Me personally, I’m putting 30% of my holdings into USDT just in case. For a month or so — or until we can confirm a decent target for BTC. Many are saying 120k to be a safe target. So we can assume, until BTC hits 120k or near it, that the bull market won’t end until then.
Again. After December its literally all a gamble on what the market will do. 2022 is going to be a new era.
This will be the dot com bubble 2.0. You make your wealth and get out. It won’t last long, but it’ll make enough opportunities for the people that are in to get rich.
On another note, for my BONERS.
Don’t forget. There’s a lot of Bone rewards being unlocked Jan 4th-5th.
There’s a whale’s account ive been watching for awhile now with nearly 6M in ShibaSwap.
2.5M$ in bone is going to unlock for them on the 4th.
I don’t know if he’s been reinvesting it or whether he’s going to pull it all out. We will just have to see, but if u have bone unlocking, i wouldn’t reccomend cashing out as soon as it unlocks.
Unless Bone is up 10x, then I’d just wait abit just in case Bone drops a significant amount.
With that, I’m on vacation.
Take it easy y’all. I’ll be returning 60% holdings back to the Bone-Eth once the bull run goes haywire.
Until then I’m just gonna chill, drink some mimosas and party.
Stay safe — USDT is ur friend for market corrections — be smart though, just for a 30% move, then load back up.
submitted by /u/tag654
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