Topic: ㅤ - page 7. (Read 2785 times)
I like that little hodler comic. It's probably relatable to others as well. I do imagine that the newbies that are coming to crypto need that kind of motivation, especially from us who have been with a couple of those cycles already. It's only a matter of time before it becomes a new cycle. I hope that everyone sees it as something to be okay about. It's best to get into it and continue riding the wave.
The peak that is achieved during the end of the year 2017 will give the clear picture on how the price movement have happened with bitcoin over the years. Lets take the next peak price that bitcoin reached. It happened during the end months of 2021. The time difference between the two is exactly 4 years. During this time period the market experience a downturn, and a stabilized bull movement pushing the price to mark its ATH.
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Wat we can see is that bitcoin will not stay stuck, it will go up or go down, what we can be sure is it will move.
Is complex to predict when the next ATH will come and how high it will hit, but we can be sure it will happen in the next years.
Buy on the deep and just hold, that's the right way to roll.
Bitcoin will always move up and down because that is where its appeal is to make people try to profit from trading. What we can do is try to analyze every bitcoin price movement so that we can find a good time for us to enter the market. And if we haven't seen the time, maybe we can continue to wait while continuing to analyze because the time to enter the market can be in the afternoon, evening, or even at night. And it depends on how prepared we are to survive. But if you are not ready to see the losses that can arise from trading, maybe you just need to buy and hold for a while and don't have to look at market conditions shortly. Wat we can see is that bitcoin will not stay stuck, it will go up or go down, what we can be sure is it will move.
Is complex to predict when the next ATH will come and how high it will hit, but we can be sure it will happen in the next years.
Buy on the deep and just hold, that's the right way to roll.
Yep 4 year cycles are still valid. We’re in the first year of a bear market, 2023 will also be bearish. Expect green shoots of recovery in 2024 as we move towards the halving. Things start to move up Q3 & Q4 of 2024 followed by epic up during 2025.
I hope this scenario remains the same so that we can really prepare ourselves even though so far we have to be shaken by the downtrend. The market is still normal for decline or bearish as of now, this should only be considered a good opportunity to accumulate assets to expect profits in another cycle in the future.Bitcoin is a potential asset although now some doubts can be felt by some in the community. I still believe this will be good in the future, maybe it will be very good if the 4 year scenario can be repeated in the next few years.
The fact that the Bitcoin market is cyclical doesn't mean that the cyclic pattern will continue forever.
The cycles that lead to bigger ATHs would continue only if there is bigger BTC adoption around the world. I can't see such massive adoption right now. Even the mass Bitcoin adoption in El Salvador kinda failed. Some countries simply aren't ready for Bitcoin.
There's always a risk of the global "powers that be" banning all PoW blockchains and favoriting CBDCs and PoS altcoins.
Do you really think that the Bitcoin price would hit 100K USD, if such thing happens? I'm not spreading FUD here, I'm just trying to be realistic.
Another risk is banning all hardware non-custodial wallets and requiring all BTC users to keep their coins in centralized custodial wallets that comply with KYC policies. This wipes away the entire concept of Bitcoin and "be your own bank".
I still believe that another ATH price will be reached in 2024 or 2025, but I also have doubts.
The cycles that lead to bigger ATHs would continue only if there is bigger BTC adoption around the world. I can't see such massive adoption right now. Even the mass Bitcoin adoption in El Salvador kinda failed. Some countries simply aren't ready for Bitcoin.
There's always a risk of the global "powers that be" banning all PoW blockchains and favoriting CBDCs and PoS altcoins.
Do you really think that the Bitcoin price would hit 100K USD, if such thing happens? I'm not spreading FUD here, I'm just trying to be realistic.
Another risk is banning all hardware non-custodial wallets and requiring all BTC users to keep their coins in centralized custodial wallets that comply with KYC policies. This wipes away the entire concept of Bitcoin and "be your own bank".
I still believe that another ATH price will be reached in 2024 or 2025, but I also have doubts.
There is always the danger in investing. Panic is normal especially to the new comers in the market. But I am done with high doubts in Bitcoin market cycle. I am feeling more confident than the previous years and the cycle will continue along with the world adoption. It's too early to judge on the El Salvador adoption and I will never call it a failure if their economists do understand Bitcoin technology and the market cycles.
Bitcoin and mining are banned in China afaik but its citizens continued to mine and invest. The trading volumes and the mining hash rates says it all
The fact that the Bitcoin market is cyclical doesn't mean that the cyclic pattern will continue forever.
The cycles that lead to bigger ATHs would continue only if there is bigger BTC adoption around the world. I can't see such massive adoption right now. Even the mass Bitcoin adoption in El Salvador kinda failed. Some countries simply aren't ready for Bitcoin.
There's always a risk of the global "powers that be" banning all PoW blockchains and favoriting CBDCs and PoS altcoins.
Do you really think that the Bitcoin price would hit 100K USD, if such thing happens? I'm not spreading FUD here, I'm just trying to be realistic.
Another risk is banning all hardware non-custodial wallets and requiring all BTC users to keep their coins in centralized custodial wallets that comply with KYC policies. This wipes away the entire concept of Bitcoin and "be your own bank".
I still believe that another ATH price will be reached in 2024 or 2025, but I also have doubts.
The cycles that lead to bigger ATHs would continue only if there is bigger BTC adoption around the world. I can't see such massive adoption right now. Even the mass Bitcoin adoption in El Salvador kinda failed. Some countries simply aren't ready for Bitcoin.
There's always a risk of the global "powers that be" banning all PoW blockchains and favoriting CBDCs and PoS altcoins.
Do you really think that the Bitcoin price would hit 100K USD, if such thing happens? I'm not spreading FUD here, I'm just trying to be realistic.
Another risk is banning all hardware non-custodial wallets and requiring all BTC users to keep their coins in centralized custodial wallets that comply with KYC policies. This wipes away the entire concept of Bitcoin and "be your own bank".
I still believe that another ATH price will be reached in 2024 or 2025, but I also have doubts.
If we see the stats, a cycle is not the right descritpion, we can see it more like a wave...
Wat we can see is that bitcoin will not stay stuck, it will go up or go down, what we can be sure is it will move.
Is complex to predict when the next ATH will come and how high it will hit, but we can be sure it will happen in the next years.
Buy on the deep and just hold, that's the right way to roll.
Wat we can see is that bitcoin will not stay stuck, it will go up or go down, what we can be sure is it will move.
Is complex to predict when the next ATH will come and how high it will hit, but we can be sure it will happen in the next years.
Buy on the deep and just hold, that's the right way to roll.
Nobody knows for sure if history will repeat itself from here on out and it is hard to predict what the future holds, but be advised that speculation is high at the moment and volatility is expected to remain relatively high for some time yet. Since this is a long-term investment, I like to think that a down year or two is not ever the end of the world. I take this view because I believe in the long-term outlook of bitcoin.
Actually, I really really really don't think people hodl much in this space. As far as my personal experience tells me, the more people say hodl, the less they've actually done so. It's just the mentality they have to tell others to hodl so they can sell at the high.
Like you said, the signs are when they start blaming other things/people/companies for manipulation but they don't complain when the same people are manipulating to make prices go up.
Most Bitcoin users are scared because they don't understand the charts with Bitcoin movements. When people start to panic, they choose to sell to release stress. However, they only regretted it once again when Bitcoin started to rebound. Then they will ask if the time is right to buy. After Bitcoin started rebounding and moving forward with a bull run, I saw a lot of questions like this one. But sadly, no one is considering taking shortcuts in the Bitcoin world.
If they don't start learning bitcoin movement charts and understand them, they will never sell on ATH because they are always afraid to make decisions and won't know anything.They will be confused to determine when to buy and sell because they only follow what the people out there say.
They will also doubt their ability to learn how to trade correctly because they are afraid to start.
We should avoid this and start to learn and keep learning because that is the way to get good skills in trading.
Actually, I really really really don't think people hodl much in this space. As far as my personal experience tells me, the more people say hodl, the less they've actually done so. It's just the mentality they have to tell others to hodl so they can sell at the high.
Like you said, the signs are when they start blaming other things/people/companies for manipulation but they don't complain when the same people are manipulating to make prices go up.
All those who are asking to hold, really they are holding? maybe or not, two types of investors are common in cryptocurrency, one is the whale investor who can manipulate the entire market. Another is the general investor who moves depending on the market conditions. Those who say to hold they are part of the general investors. Actually whale don't say anything they just take the opportunity and do their thing. Whale investors have already started their holdings while ordinary investors are forced to sell for various reasons.Like you said, the signs are when they start blaming other things/people/companies for manipulation but they don't complain when the same people are manipulating to make prices go up.
Definitely I think you're missing at least one other type of "investor". There is also the speculator who thinks he's investing but really he is gambling. Unfortunately I believe this to be the biggest portion of everyone active in this space.
Then, there is the other type. Who are noisy and active on this forum and social media. Talk all about holding and Bitcoin adoption and what not, but actually they don't even use or buy Bitcoin. Just talk a lot on signature campaigns to get their bounty of altcoins. Want to see them? Just look at this thread lol
-snip-.
As long as you do the right financial management and according to your needs, you will not be too poor. You really have to allocate your funds for other needs besides bitcoin. Maybe you have put 50% of the funds in bitcoin and the rest you use for other needs or investments other than bitcoin. We all here believe that bitcoin will return to a bullish period and can reach new ATH even if it is a little longer, but new ATH will definitely happen. We currently only need to capture and collect bitcoins with the remaining funds that have been allocated.
and Do not apply greed to investment because it will not be good for the future.
I'm not worried at all, although I have a small worry, which is that it will take so long for bitcoin to reach another ATH that I'll run out of money to buy more. I have enough to keep me going for another year, but if we keep going into a recession still in 2024 I might feel how it is to be really poor because I'm not selling my bitcoins for 20k USD, that I'm sure of.
It's interesting that every time people go through a full bitcoin cycle they become stronger and more confident hodlers. There were times where -50% had an impact on me and made me feel down. Now It's just another day, like when you wake up and it's raining you say fuck it and find something to do inside.
It's interesting that every time people go through a full bitcoin cycle they become stronger and more confident hodlers. There were times where -50% had an impact on me and made me feel down. Now It's just another day, like when you wake up and it's raining you say fuck it and find something to do inside.
Most Bitcoin users are scared because they don't understand the charts with Bitcoin movements. When people start to panic, they choose to sell to release stress. However, they only regretted it once again when Bitcoin started to rebound. Then they will ask if the time is right to buy. After Bitcoin started rebounding and moving forward with a bull run, I saw a lot of questions like this one. But sadly, no one is considering taking shortcuts in the Bitcoin world.
I feel like that would be even bigger stress because if you sell and it suddenly goes up then you did something you can't recover from. If you do not sell and hold, you could wait for it to go back up eventually, maybe it will go down first but eventually it will recover and that means the mistake could be fixed later on.But when you sell, that's it, there is no reverse on that and if the price goes up then you missed out on a chance. That's why I believe that people who panic and sell are making a huge mistake, they should be holding no matter how low it gets, even if you bought at 68k, just buy some more at these low levels and believe that it will go back up.
The low price of bitcoin is not a reason for panic and concern. This is the rare opportunity to buy cheap bitcoins. If you miss this moment now, then next time it may not be presented very soon.
A correction is a time to buy, not to sell. Don't worry - just HODL (or buy more).
That's nice, thank you. A correction is a time to buy, not to sell. Don't worry - just HODL (or buy more).
I always try to keep that in mind but there will be instances you either forget it or the FUD will get to your skin and make you sell.
Lots of investors are not scaredy cats but there are times the fuel to fear the sudden dump is increasing as they get impatient for a pump to happen again.
I think they need some jabs at the market history of Bitcoin just so they could remember how far it went in just a decade.
This is a good jab to remind them of that.
If we miss this, there will always be a chance for us to buy btc next time. During these times, there are people who sells (not because they are scared) but they only bought lower than the current price that we see right now.
A correction is a time to buy, not to sell. Don't worry - just HODL (or buy more).
Some people don't understand the word HODL when there's a correction or bear market . It's more reasonable for them to sell rather than to hold and when things go south, they always keep nagging like how whales doing this or bitcoin is dead or something when clearly it was their fault in the first place.Actually, I really really really don't think people hodl much in this space. As far as my personal experience tells me, the more people say hodl, the less they've actually done so. It's just the mentality they have to tell others to hodl so they can sell at the high.
Like you said, the signs are when they start blaming other things/people/companies for manipulation but they don't complain when the same people are manipulating to make prices go up.
Most Bitcoin users are scared because they don't understand the charts with Bitcoin movements. When people start to panic, they choose to sell to release stress. However, they only regretted it once again when Bitcoin started to rebound. Then they will ask if the time is right to buy. After Bitcoin started rebounding and moving forward with a bull run, I saw a lot of questions like this one. But sadly, no one is considering taking shortcuts in the Bitcoin world.
No doubt this is so true. I have seen so many people exiting from the crypto sphere only because they feel it will end this time and will not recover again. Actually it's not people's fault as well, the market manipulators play the market so well they do such massive selling and keep the market fearful for so many days that every person becomes anxious about their money in the market and ultimately sell but holding is the biggest power you have.
I do not understand what can make me sell now? If the price is now at the bottom and holds this level for a very long time, then this may be the bottom after which there will be an increase. Or if what's the point of selling now, if you bought twice as expensive? Of course, the price may fall even lower, but selling at a lower price than you buy, is an additional risk that can lead to even greater losses.
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