The Brutal Truth About This Crypto Bull Market! (Must Watch)
Crypto Banter
Overview of the Bull Market
- The speaker believes there are 6 to 8 months left in the current bull market.
- They have experience from 2017 and 2020-2021 and are approaching this market strategically to help others navigate it.
Understanding Market Cycles
- The speaker references the halving years (2012, 2016, 2020, 2024) and how they typically follow a pattern of consolidation and then a massive pump.
- They mention that the year after the halving often sees extreme growth, citing Ethereum's 518% growth in 2017 and 160% in Q1 2021 as examples.
Exit Strategy
- The speaker plans to start layering out of the market around the 55-week mark after the halving, selling about 10-15% of their portfolio every week.
- They aim to have 50-60% of their portfolio out of the market by June and plan to get back in around September if the market structure shows a reversal.
- The MDRVZ score is used as a tool to determine if Bitcoin is overvalued or undervalued, helping in deciding when to exit.
General Advice
- Plan the trade and trade the plan: Have a clear strategy and stick to it.
- Take calculated risks: Especially for younger investors, now might be the time to take risks.
- Lock in and focus: Dedicate time to learning and staying updated on the market, avoiding distractions.
- Select valuable sources: Follow people who provide value and actionable advice.
- Do not chase or gamble: Avoid rotating through different tokens or strategies excessively, and do not use high leverage.
- Buy and hold: With a portion of your portfolio, consider buying and holding, adding to your position when possible.
Conclusion
- The speaker emphasizes the importance of staying informed, focused, and disciplined in the next 6 to 8 months.
- They encourage viewers to lock in and dedicate themselves to making the most of this bull market, providing resources like their news feed for staying updated.