We are again witnessing the appraising value of Bitcoin and this is just an effect of the halving event that would happen in April 2024. We are within the months of leading up to the said event and the months following it. That is why it will be fun for the rest of the crypto enthusiasts because most of them will make money for sure, well if they will not to fatal mistakes like in trading, etc. So by now we should have learned from our own mistakes in the past because after all, mistakes are part of the journeys of budding crypto visionaries even those that are a long-time cryptocurrency users.
I did anticipated the SBD to be printing again because of the rising value of STEEM and so more than a week ago I changed my rewards to 50/50 from powering-up 100% so that when the printing goes to 100% SBD, then I can get more STEEM by selling SBD which is fantastic during these times where the earnings are boosted more than double because of the value of SBD. So now it is a fun time for many bloggers and also for the traders of STEEM tokens.
All it takes is that you should have some cryptocurrencies bought or accumulated over the past weeks, months, and years. Those coins that you bought at higher prices will most likely to visit those prices again and giving you an good opportunity to cash-out and realize your earning if you do indeed held and stood your ground and didn't sold for a loss. But if you had bought a lower prices, you can just wait for a while until other cryptocurrencies or even those that you own to basically mooning before you cash-out especially for Altcoins which always visit their lower prices about two users after the BTC bull run.
I can be able to say it or attest to that matter because I have witnessed it myself with STEEM for example because it also went in some instance to one of its lower price is 8.5 pesos but now it is worth more than double that price especially with its tandem SBD getting printed out plus with more leg room for the price to reach above one dollar per STEEM token because this bull run is different compared to the last bull run of BTC where the war in Ukraine and the effect of bad actors in the crypto space went to cause a dead stop to the bullish momentum and derailing BTC from its tracks on its way up and switches to almost 180 degrees back down.
I am just excited to see with almost problems for BTC alone is gone (I think) and is replaced by many good news considering its fundamentals and of course, the next halving event, we are now in the profit mode and the size of our profits will be based on how much crypto we have accumulated from the past years, months, or days. But one thing is for sure, if you have Bitcoin, you are assured of profit even or should I say, if you just hold it. Now, these good things from BTC fundamentals and price-action is reflected on cryptos like STEEM and SBD and now we are feeling it already particularly with the earners of both said cryptos, they are one of the winners of this BTC bull run.
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