One of the mistakes that we usually do when it comes to investing in cryptocurrency is that, we usually know the time to buy but fail to know the time to sell. We have zeal to buy but we don't always have the zeal to hold and wait for the time to sell. Majorly,we all know that the time to buy is during the bear market when the rate of cryptocurrency has dropped from its usual height by 20% constantly.
While also, the bull market run is the increase cryptocurrency rate from it all time low by 20% to 40%. Which is probably might be the best time to sell. If we usually show the same zeal to invest and we also show the same zeal to hodl till the bull market run take it place, majority of the cryptocurrency Investors would have become wealthy overnight but we lack most is the zeal to hodl and wait till the bull market run.
The last bull market run that lasted for some couple of months. People that were able to wait for the last bull market real the success of their cryptocurrency Investment just because they were able to wait. Presently, we are now in the bear market run which is the period and time to reinvest and I guess, the next bull market run could be between the next 2 years to 5 years. Can we have the zeal to hodl till then?