Altcoin Accumulation Period
There was a time line for accumulation that came through my twitter feed this morning and if true I would be very happy. The average accumulation phase in the 4 year cycle is approximately 700 days meaning we have 250 or so days to go. That is not that long if we break it down and what we have already been through.
250 days more of accumulation I see more of a blessing than anything else and just grateful to be able to maximize the growth over this period. So much can be accomplished if you have a decent time frame and whether it is 6, 7 or 8 months serious value can be added and compounded making your bags become that much bigger. We are past masters of knowing how this works and what to do with staking and earning leading the way.
This Bear market is the second one I have experienced and knowing how much I grew in the first one was looking forward to this one far more. When you have the knowledge and can apply what you learned the first time around crypto does become far easier.
The time frame leads us up to somewhere between February and April next year before the Bitcoin halving which happens on April 26th 2024. Time is always your friend in the early days of anything before adoption take place and making the most of this bear market should be a priority. The next cycle should see far more involved in crypto which is what we all want to see.
In 6 months or maybe 8 months one can do so much and who knows how much that will be worth if you have grown significantly. The growth already that has occurred has blown me away and knowing there is still more time it is music to my ears.
Depending on when you get involved in crypto they say you can turn a $25K investment into $250K within the Bull cycle and looking around at the prices currently many crypto projects are around 20 x from their all time high which would turn $25K into $500K if you invested in this period and that is not taking into account if that project sets a new all time high next time around.
Having researched and invested into the right projects is what is going to make the big difference and we should all be quietly confident if we have done the things we should have. I don't expect to hit the $1 million mark this cycle as a portfolio value, but one can never know until it happens. There is no harm in trying and adding another $10K or more in growth is still achievable.
My portfolio has come a long way since last it was valued at $250K back in late 2021 and expect to see that number rise considerably. This is what we have been training to do for all these years and we shall see if what we learned last time pays off this time around. My money is on huge gains for everyone and that is what we all want to see.