Bitcoin(BTC) is in an accumulation step.

in bitcoin •  last year  (edited)

1000004194.jpg

Source: @stockmoneylizard on X

It seems that BTC has 3 steps each cycle. Bear, Acuumulation and Bull. Very symple! The market is in the accumulation step now. Every bullish markets have started since BTC halvings.

In the accumulation step, long-term investors are hard to endure boring markets that the fluctuations of markets are low. In 2018 and 2019, it was tough time for me. But, I had endured the boring market, and finally I made it.

If you are not good at analyzing charts, DCA(Dollar Cost Averaging), and holding cryptos for a long time would be better for the investment strategies.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Es tiempo para los holders.
Gracias por compartir.

Upvoted! Thank you for supporting witness @jswit.

Your post has been rewarded by the Seven Team.

Support partner witnesses

@seven.wit
@cotina
@xpilar.witness

We are the hope!

  ·  last year Reveal Comment