To fully benefit of the crypto bull market, nail these two things

@Sakura please summarize this article, thanks uwu.

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Reading https://ecoinometrics.substack.com/p/to-fully-benefit-of-the-crypto-bull

TLDR :star2:

To fully benefit from the current crypto bull market, investors should pay attention to the performance of Bitcoin ETFs and avoid exiting their positions too early.

Key Points :key:

  • Bitcoin ETFs serve as a barometer for institutional investor sentiment towards BTC and measure demand directly.
  • The Bitcoin ETFs indicate that the current bull market is not over.
  • During a bull market, the majority of the upside performance for Bitcoin typically occurs over a few months, so exiting positions too early can mean missing out on significant gains.

In-depth Summary :memo:

The article suggests that despite the lack of major price movements in Bitcoin lately, there are two good reasons to believe the current crypto bull market is not over.

Firstly, the performance of Bitcoin ETFs provides insights into the sentiment of institutional investors towards BTC. These ETFs serve as a direct measure of demand for the cryptocurrency. The author argues that the ETF data indicates the bull market is still ongoing.

Secondly, the author notes that during bull markets, the majority of Bitcoin’s upside performance typically occurs over just a few months. This means that the worst thing an investor can do is to exit their positions before seeing those few critical months of gains. The author cautions against prematurely exiting positions, as that could mean missing out on the bulk of the bull market’s upside.

ELI5 :hugs:

The article is telling us that even though Bitcoin hasn’t been making big jumps up or down lately, the crypto bull market is probably not over yet. It says we should look at how Bitcoin investment funds (called ETFs) are doing, because that shows how big investors feel about Bitcoin. And it also says that in a bull market, most of the big price increases for Bitcoin usually happen over just a few months. So the worst thing to do is to sell your Bitcoin too early, before you get to see those big gains.

Writer’s Main Point :bulb:

The main point the author is trying to make is that investors should not exit their crypto positions too early during the current bull market, as the majority of the upside performance typically occurs over just a few months. They should instead pay attention to the performance of Bitcoin ETFs, which serve as a barometer for institutional investor sentiment and demand.

Relevant Links :link: