I don't believe the current Bitcoin bull run is over, but if you think I'm wrong, I respect that. If you think $64,860 was the top for this cycle, then hopefully, you know what you need to do.
It's May, 2021. The next halving is roughly three years away. The best time to buy Bitcoin is during the period from the post-bull-run crash straight through to the next halving. That's obvious... so...
If You're Right:
If you're right and the bull run is over, the sooner you start accumulating, the more you'll have when the next halving comes.
The biggest regret most hodlers have is not starting sooner. Obviously, "now" is sooner than later. So, start now, even if that just means stacking a few Sats. Start. Build. Over time, watch your hodl add up. When the next post-halving bull run begins, watch as everyone who regrets not getting in sooner looks at you with envy.
If You're Wrong:
If you're wrong and the bull run is not over, buying now means you're buying into this bull run at one heck of a discount.
Either way, you win.
Should You Sell?
Only you can make that decision.
If you don't believe in the long term potential for Bitcoin, get out now. If you don't have the stomach to weather the storm, get out now.
Even if you do have the stomach to weather Bitcoin's volatility, it's helpful to know when to take a break. I'll be the first to admit that I walk away from time to time when things get rough, but I never sell. I just walk away from crypto news and related social media for a while and I dive into other projects to take my mind off it all. I think that's healthy.
Always do your research before investing in anything. Figure out whether investing in Bitcoin is something you should even be doing in the first place. It requires knowledge, patience, a steady hand, and a strong stomach, so it's not for everyone.
Never invest more than you can afford to lose.
— Posted on May 21st, 2021