My Mistakes (and how to avoid them):

📉 During the last bull run, I entered the market during the accumulation phase (right before and during COVID). I felt the euphoria 🤑 when prices were skyrocketing—but I made the mistake of not selling. Ultimately, I rode the wave 🌊 all the way back down to the bottom.

What to Do Instead:

1️⃣ Understand the Bitcoin Cycle 🌀

Bitcoin operates in predictable cycles, typically around 4 years, driven by the halving event. Here's a simple breakdown:

Accumulation Phase 📥:

• Prices are low.
• Smart money (experienced investors) starts buying.
• News is quiet, sentiment is boring or bearish 🥱.

Bull Market 🚀:

• Prices climb steadily, leading to parabolic growth 📈.
• Media hypes crypto 📰, and newcomers flood in 🌟.
• FOMO (Fear of Missing Out) kicks in.

Peak (Euphoria) 🎉:

• Unsustainable highs are reached.
• Retail investors buy at the top, while smart money is selling out.

Bear Market 🐻:

• Prices crash significantly, and fear sets in 😱.
• Many sell at a loss, creating despair and regret 😔.