To read Part 1 of “How to prepare for the end of the bull run,” click here.
So, you’ve made a million bucks this cycle and you’re trying to work out how to transform those life-changing gains into money in the real world before the inevitable crash. But at the same time, you don’t want to sell now and miss out on potential upside. So, what should you do?
For Quantum Economics founder Mati Greenspan, the answer is simple: Be optimistic. He’s not an advocate of trying to time the market.
“As somebody who has been trading my entire life — I mean, way before cryptocurrencies — you’ll find that it always pays to be optimistic, and pulling out your money from the market has almost never been a good long-term strategy. Not for any market over almost any time frame.“
Greenspan points out that even those few people who bought Bitcoin at the top of the 2017 bull run are up 250% just