BTC Isn't the Shortcut to Quick Riches

Many people think about BTC market that it is the best place to build your wealth in very short time. But in reality this is not the case where you invest and get rich in short time.

First of all, it is very difficult to choose the best time for investment. Investors who have years of experience dont even have idea when to invest and when to book profit.

The bullish and bearish cycle is not fixed. Which means there is no specific cycle for the market to move on. Rather it follows it own pattern.

Therefore, the past historical chart never defines the future moves. That is why it must be kept in mind that this market is not supposed to follow the past movements.

Those who are thinking that they will become rich in one year or just matter of months. It is not like this rather it takes many years.

Let me give you an example of how this market moves and had moved in past. We are been in bearish phase from the last three years where investors keeps on selling and buying different coins.

The last months of 2023 has been an ideal time for investing where #BTC rose from $28K to $49K. Those who invested in the bottom surely have made money but not enough to change your financial status.

2023 was the buy year, 2024 is the year of manipulation, accumulation and to hold your coins. 2025 will be the year of taking profits.

Which means that those who are waiting from the time where bearish market started till now takes around 4 years. Now they have to wait for another 2 years to start booking their profit.

This is around 6 years of time period to complete one cycle if only you have invested at the right time. 2026 will be year of liquidation and departure. Which brings the next bear cycle.

Hope you understand the crypto market that it is not like to make money in very short time.

THE ABOVE IMAGE IS TAKEN AND DESIGNED IN CANVA

THANK YOU!

Posted Using InLeo Alpha



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2 comments
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that’s why a lot of people lose their money. Because they think it’s easy money and without study or researches booom you lose your money. Nice post fren but try next time to reach the minimum of 500 words, it would be much better

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I think I luckily came across a good year. I hope the process will proceed like this. Of course, there are always surprises.

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