We have passed the bear market, maybe not completely, but we are definitely already at fairly low levels. Although in the last few weeks they have grown well, relative to $17k. Was this the bottom? Nobody knows, we can only guess and guess.
Some expected a drop to $10k, some started buying at $17k, and others ran to buy at $23k, with the fear of missing out on a new cycle.
But nothing will trample against the facts. There was a peak of $69k and now we are 3 times cheaper (that’s like a cue ball at $6k after the peak of $17k in 2017). In a year and a half there is a new halving, and therefore we are close to the next cycle. The number of wallets with BTC is growing rapidly and the hashrate is breaking records.
The situation is very reminiscent of the bustle before the previous halving, I remember it like yesterday.
Recruiting now is relatively safe, but I would leave some part to farm out in case of possible spills, similar to what happened during Covid (up to $3k per candle). By the way, I remember how my orders for BNB at $3-4 worked on that candle 🥲... Who knows what news will come to our troubled world in 2023 🤷 Therefore, you need to be prepared for something like this and you should definitely store some part of fiat for panic purchases .
And I remember how frustrating it was when $BTC flew by $3000, and you had almost nothing left to enter the market, I remembered this lesson for a long time.
A month ago, I already bought back some alts, mostly RUNE, ILV (with profit from part of the sold TWT for $2.2). And also changed ETH to BTC.
Now I’m cautiously looking at buying BTC for conditionally 35% of the free ones, the rest is a reserve for super negative news.
PS: TWT HODL - it will show itself, there are 0 doubts. It will easily survive regulation 🤝😇 Now we are returning to good entry points.
