Take A Step Back and Think…

Today’s Blog will be a bit different from the normal fact packed informative blog posts that I normally write. Don’t worry I promise it is still informative! I’ve started this blog for anyone and everyone that’s trying to prepare for the upcoming bull run and stay ahead of what is to come. If that describes you well then seems like you are in the perfect place. I’m hoping to provide value of all kinds here on OhzoneCrypto and something I haven’t mentioned yet and that I find to be one of if not the most important parts of the crypto game is having a strong mindset!!! You must.. Absolutely must have conviction in your plays/bets/investments….whatever you want to call it. It doesn’t really matter at the end of the day, all we are doing is buying and selling these ideas that have turned into tokens on this public blockchain that everyone can see. Now granted using Etherscan to track the blockchain for someone who has never seen it can be a tall task and I believe the technology will only be getting better to help accomplish this. Why is this important you may ask? This eliminates all questions of uncertainty and trust that we as a human species are rightfully cautious of (Mt. Gox)(FTX) without having to trust a third party who in history of crypto has always been the one to quite frankly Bend You Over. The problem does not come from the blockchain technology and this blockchain technology can actually be a solution to the problem.

In my first Blog that I wrote here “Understanding the Technical Dynamics of Bitcoin Halving” on 1/12/24 in the notes I wrote “Expect Short Term Volatility but lets look back at the end of the year!” This ties back to having a strong mindset and high conviction where you are putting your own money. There is no one to blame here but yourself for the moves you make in this market. At the end of the day we are all grown adults who should know the risk/reward of what you are buying. Bitcoin itself even though it did see a baby pullback this past week since the ETF was approved and yes in crypto 10-15% pullback is small even during a full bull market. Lets take a look at the one of the previous bull market runs from 2016-2017 and see how many dips it had and how much of a percentage drop it was.

If you look close those dips may have been a great place to buy or you could have thought it was all over! If you were sidelined throughout the beginning because you only found the OhzoneCrypto blog after $BTC hits $100,000 and everyone and their mother is talking about it the scariest days are normally the best days to buy but also the hardest days to physically hit the button “BUY”. Human psychology is really an interesting topic but lets move on…. I only think as we get closer to the halving and the ETF numbers are continued to be perceived as strong then $BTC is in the beginning stages of what could be an absolute parabolic run to the upside.

In crypto timing is really everything especially when you zoom out and look at the yearly charts you can see that you have almost an entire year to get within 30% of the bottom which with the returns that bitcoin has gotten during bull runs being anywhere close to 30% of the bottom will put you in phenomenal position to be successful when the hype and narratives start to take hold of the market. This means you need to be patient once you have your positions in place. If you have done the research to check out the team developing the project, the tokenomics themselves and what possible use cases it actually has you should be able to tell and if not maybe don’t bet your life savings on that coin!

Part of the helping you ease your mind especially when the craziness of a parabolic bull run is in full swing is to simply write things down. This can help keep you grounded and set realistic targets to start taking profit! and God Dammit take the bloody profit selling and missing out on another 20-30% upside will hurt in the moment and if you’ve been doing this long enough it will happen to you too! Trust yourself remember why you wrote those things down and at least take a minute to think about what you said to yourself only a few months ago! If you wont even listen to yourself I think you may have bigger issues and should go see someone. But leaving with more money then you started with is a win in my book and should be in yours too.

Timing can be important and I understand that, I think most people do right… you obviously do not want to buy anything at a top? For example the ticketing market is a good case to help explain here. When a regular show comes out that isn’t the great Tswift the prices normally get more expensive as you get closer to the event. More people feel the urgency to buy the ticket right now so it wont go up before they have time to buy it in the future and at the end of the day see the same product produced. And for just a higher cost to them because the market or other people want to see the same thing and are willing to pay more to do that.. So yes timing is important because you don’t want to pay more for the same product you would have got a week ago. Everyone’s baseline is different on this though so the variables are impossible to predict for each individual. But one thing I know that will work for everyone no matter what is Time IN the Market not just timing the market. Michael Saylor the CEO of MicroStrategy which I’m sure you’ve heard of if you know anything about crypto at all, has bought bitcoin at the bottom at the top and everywhere in-between and is currently sitting around 2 BILLION in profit. So if you are young and have time maybe 10 years lets say you shouldn’t be worrying about all the short term noise. Its simply that just noise and you can block out let the kids play while you sit back relaxing and laughing the entire way up! It is important to stay up to date with what is going on you never know what these governments will try to get away with these days. Just blatantly doing it in front of our eyes and it makes me sick.

Fix The Money Fix The World #BITCOIN

Hope you enjoyed a different style of the blog today, will be back with more fact packed blogs soon stay tuned! And as always this is NOT financial advice and do your own research…please (DYOR). Just over here blogging yunno do what you want with it! And always feel free to reach out! Would love to write about things I know you guys care about or are interested in! See you next time in the Ohzone!