Mastering the Four Stages of a Bull Market for Success in Crypto Investment
Four Bull Market Stages, We’ve Just Entered Stage Two1️⃣ RebirthBear market fatigue remains.A spark of hope flickers, then disappears. Several new narratives emerged, but were quickly killed by indifference.Your friends and the media are still focused on the bear market collapse.Meanwhile, prices are quietly recovering.Some of your coins that fell 90% in the bear market suddenly rose 5 times. But you hardly notice that you are still down 50% from your high.Only those deep crypto enthusiasts who have been through more than two cycles realize that a bull market has begun.Most people still don't believe this is a bull market.2️⃣ ExcitedWe are here now.The bear market is officially over. Your coin is near its all-time high price. Some have even surpassed all-time high prices.Everyone in the cryptocurrency space understands that we are officially in a bull market.But the funny thing is, your casual friends haven’t texted you yet.You feel both excited and anxious. Your assets are growing, but you feel like you don’t have enough coins.Crypto companies start hiring heavily; you start ordering caviar at three Michelin stars.life is brilliant. All your crypto friends are winning.This is the calm before the storm.3️⃣ ecstasyEverything you own is above its all-time high price. There used to be a new narrative every week, now there's a new one every day.The primary market went crazy.Venture capitalist announces $500 million fund. They skip due diligence and scramble to deploy capital.Every week new companies announce their $100 million in funding.We are mainstream again.Forbes, Bloomberg, CNBC... they all love cryptocurrencies. Then something strange happened.Fortune 500 companies buy digital currencies. Athletes and artists are getting involved — cryptocurrencies are permeating mainstream culture.Everyone starts to believe it will go up forever; the illusion permeates decision-making.4️⃣ CrazyThis stage can also be described as madness. Nothing makes sense.You have more money than you ever thought possible in your life.Your friend, who knows nothing about cryptocurrencies, issues a token. Overnight, he was worth hundreds of millions of dollars.A crypto guy bought a sports team.Justin Bieber joins a decentralized social platform.Cryptocurrency companies spend billions of dollars on marketing.Unfortunately, none of this is true.If you're not careful, your arrogance and laziness at this stage will lead to a difficult two years to come.So buckle up.The next 18 months are going to be crazy. You will experience orgasms higher than ever before.