07/03/2024
AN ALL-INCLUSIVE GUIDE TO BITCOIN AND CRYPTO INVESTMENT (INVOLVEMENT) BY ILUM CHRISTIAN EMMANUEL ( summary)
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For you to succeed in the crypto world, you want to venture into, you need to have the right information & these include;
🏹 when to get in??
🏹 coins to buy & hold
🏹 when to get out ??
In the crypto world, there is a term known as
4 YEAR CYCLE,
this term is a key determinant of the 3 points stated above,
If you adhere to the 4 Year Cycle & hold the right coins, then you will make life changing money from it.
The Bitcoin[crypto] 4 year cycle refers to a recurring pattern of price fluctuations that Bitcoin & other crypto experiences approximately every 4 years.
Dissecting the phases of the Bitcoin 4 year cycle:
Phase 1: Halving event
This is where it starts. The halving mechanism is designed to slow the rate of new Bitcoin creation over time, ultimately capping the supply at 21 million.
Next halving is situated to hold this year 2024, NOW & before the halving event is the TIME TO GET INTO CRYPTO.
Phase 2: Bull phase
Sometime after the halving (often several months), BTC & other crypto begins to rise.
This initiates a bullish phase where the price increases significantly. Media attention, fear of missing out (FOMO) from retail investors, and institutional interest can amplify this effect.
THIS IS THE TIME TO HODL & NOT SELL YET AS MORE LIFE CHANGING MONEY ARE STILL COMING.
Phase 3: Parabolic peak
After a period of strong growth, the price increase often becomes parabolic. Historically, this has led to a sharp and unsustainable price spike, marking the peak of the bull market.
THIS IS THE TIME TO CASH OUT, GET OUT & ENJOY YOUR LIFE CHANGING MONEY.
Phase 4: Bear phase
Following the peak, there’s typically a significant correction. Prices can drop dramatically from their highs, leading to a bearish phase that can last for months or even years.
IF YOU FAIL TO GET OUT AT PHASE 3, THEN BE READY TO CRY A RIVER.
Phase 1: is between now till April 2024, that is when you GET INTO crypto.
Phase 2: is from April 2024 to Q1 2025..
That is when you hold, DON'T SELL
Phase 3: is from Q2 till Q3/early Q4 2025.. CASH OUT/SELL YOUR CRYPTO holdings & 🏃♀️ 🏃♀️ 🏃♀️
Phase 4: if you fail to CASH OUT during Q4 2025, then you will leave a love of regret.
On the coins to buy, note the following:
Most new coins are scammy. You might end up losing your money buying them.
Invest in quality coins that have been in the crypto space for a span of 1year and above.
Diversification is key, Never put all your money on a single coin.
Read the thread carefully, most especially those of you that have lost fund in crypto, then you will agree with me that you did it wrongly and didn't have the info I just shared at your disposal when you invested.
Note!👇
While crypto have changed a lot of lives from having nothing to something.
It has also made a lot of people lost their hard earned money & savings, making them dear not to ever invest in crypto anymore.
Ilum Christian Emmanuel