It's been 75% of 2022, which is the year of Bear Market.
Q1: Distribution at top.
Q2: Big red candle (FED increase rates, LUNA crash + Big startups/companies collapsed )
Q3: Sideway (ETH the Merge, Tesla sold BTC)
Let's start Q4.
From history experience:
+ BTC went very cheap after 1 year from the top of last cycle (Q4 2022)
+ Good time for HOLD is 1 year before the next halving (Q2 2023)
+ Bear zone + Accumulation zone is good time to train yourself (TA + FA)
Information source:
https://t.me/CryptoRoseChannel/9676Zoom out a wee bit.
Establish yourself a longer term investment plan into BTC of 4-10 years or longer, and perhaps some form of front load accumulating, and sure you can take some other various individual strategies, but stop thinking that you will buy in and cash out in a year, even though that could be a subportion of your plan that would hopefully not involve all of the BTC that you have accumulated.
I understand that there can be a lot of ways to invest and even to go about accumulation of value in an investment portfolio; however, one of the best ways seems to be to continue to stack value in longer term value assets, such as bitcoin.. and it can take well over 10 years to really stack value.. unless you are already coming to the investment with value stacked in other places, yet even then sometimes people do not really tend to want to draw down on one asset and put it into another, such as bitcoin, so it can still take a decent amount of time to reach target accumulation levels.. perhaps a year or two... which has it's own dilemmas if you are considering that you would rather front load into BTC .. so in that regard there can be individual variation regarding how much to front load into BTC or how to do it exactly.
Still no matter how to slice your BTC investment, I doubt that it is healthy to consider buying a bunch now and then selling in two years is a healthy way of thinking.. but I understand why people have tendencies to think like that... even when it is likely not the greatest way to think about building longer term value and really meaningfully reaching fuck you status rather than constantly spinning wheels and never reaching fuck you status.. if that might be one of the goals, no?