If We Get a Pump In 2023...

If We Get a Pump In 2023...


Bears are still on the streets scaring the shit out of quite a few crypto market participants atm and this is no longer a one-time show for some of us. We've been part of a similar one in 2018, too, and the OGs of this space have experienced a pretty similar bear market in 2014 as well.

After every bear market, there's a new bull season carrying the potential of making some of us millionaires, or at least a bit wealthier than at the end of the bear season.

So far we are still in the cold woods of the big bad bear and nobody knows when we will be out of this season. There are plenty of suppositions out there, and chartists on Twitter claiming that we will soon be changing trends, but I've kind of lost faith in such people.

I am however highly confident that sometime this year, probably at the end of Q1 we will be completing the bottoming phase of the current cycle and once again entering an uptrend for the crypto market. Historically there have never been two consecutive down years for Bitcoin, so...

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History can sometimes mess with its patterns but let's hope this time we won't have such an exception. So, if we're gonna be seeing anything like the 2019 "pump year" and some of my coins will reach some of the selling targets I have set for them be sure I'm going to dump em.

This time I'm no longer following anyone's strategy and price targets. I have a very well-nailed plan for my holdings and I'm going to stick with it. Hence, if the market booms, even just for a few months before another correction to levels close to the current ones be sure I'm going to sell, as targets get hit.

However, this time I'm not cashing out "the traditional way". As a matter of fact, I had a plan with the potential profits for the 2021 bull market as well but, didn't have an actual plan for pulling any profits off the table in 2021. Hence I pretty much ended with an empty hand at the peak of the bull market in late 2021.

This time I got a plan on top of a strategy, if that makes any sense, and the plan is to put the majority of the profits taken from the hit targets into stablecoins. Guess what stablecoin am I going to use?

Yes, it's HBD and there's a quite obvious reason for my choice. 20% APR. And there's also a reason for that reason...

Bear markets that usually follow bullish and euphoric seasons are times of constriction stress, and for yours truly, who lives off of content creation on Hive, being able to make the end meat solely from such activity is almost impossible, even though I'm quite frugal and I don't live in an expensive country.

Hence, I am on a mission of creating myself some passive income through HBD stacking in the next couple of years or so. Ideally, I would be putting 30,000 HBD into staking at the end of the bull market, but we'll see what 2024 and 2025 bring. However, if we get a pump in 2023 and some of my targets get hit, it's all going into HBD savings.

You can bet on that. But, what about you, do you think we're gonna have any significant pump in 2023, and if yes, what's your plan for that?

Thanks for your attention,
Adrian

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acesontop
acesontop

I'm an amateur blogger, crypto holder, and a passionate fisherman for as long as I can remember. For more details please ask, it's free. You can find me on steemit.com: https://steemit.com/@acesontop and Hive: https://hive.blog/@acesontop/feed


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