Horizen Bottom Prices & 1600% Growth PotentialHorizen (ZENUSDT) has an interesting chart, it satisfies the criterion for the pairs we look for to accumulate in preparation for the 2025 bull-market.
ZENUSDT hit bottom in June 2023 and produced a long-term higher low in June 2024, one year later.
The current action is happening near the level at which this pair traded back in May and July 2023, also October-September 2023 and February and recently August 2024. This is a long-term accumulation zone.
The bear-market is on the left of the chart, long-term gone. Everything after June 2023 is accumulation, bullish accumulation because have higher highs and higher lows. What follows the accumulation phase is a major growth phase, the next bull-market and we see huge potential for growth.
Now, there can be swings, shakeouts and sudden moves short-term. If prices drop we buy focusing on the long-term.
The strategy is simple we buy and hold. Right after buying we set the sell orders on target based on the strategy of our choice.
Some selling for profits strategies call for selling 50% of your stack after the pair is 200 or 300% up. Others sell 20% at one point, 20% when prices are higher and so on until everything is sold.
Some hold long-term and let the market unravel before deciding where and by how much to sell. Different strategies for different people. Different strategies for diverse capitals and trading goals.
It is impossible to generalize because what works for you might not work for somebody else. We take the strategy and adapt it to our own goals and needs.
Truly, the most important part is to get in early because in this way it is easy to hold when shakeouts and corrections develop and it is also possible to enjoy maximum potential for profits on the way up.
Total growth can go beyond what is shown on the chart. Imagine how the market would become if there is legislative support.
These are conservative targets.
The bullish cycle can produce 500%, 900%, 1,500% or even 3,000%... It doesn't really matter.
How much we earn individually is fully dependent on how much energy we put in. How well prepared we are and how much we are ready to accept and hold.
If we are mentally prepared for 10K, that's what we will get.
If we are mentally prepared and ready for 10M, that's what we get.
The only limit is in your mind. Results will depend on the actions you take.
There is no effect without a cause. There is no cause without effect.
Everything that happens is a result.
If something bad happens, that's the result of bad decisions.
If something good happens, that's the result of good decisions.
If you don't like your environment, change whatever it is that you are doing now and your environment will eventually change.
If you enjoy your life and your surroundings, keep going—keep doing what you are doing, you have my support and I love you.
Namaste.