Topic: ㅤ - page 8. (Read 2785 times)
The price of bitcoin is the same as the same opportunity as years ago but people will not understand that, There are times when the price of bitcoin goes up and down but for those who are experienced enough say buy when it is red and sell when it is green, but for every novice trader Fear and greed are make them lose everything, but those experienced with the current market cycle may be able to stay calm in the face of the current market situation.
Yea OP nothing different can happen in bitcoin now other than it breaking another all time high and also getting more adoption, I think right now FOMO and FUD hold less water on Bitcoin because of the history of bitcoin at every time topping the hole (dip) and coming out very strong.
This isn't to say the news won't come out and post about death of crypto-currency and bitcoin won't be made, but the experienced bitcoin enthusiast and those doing their research would know it's just another volatile program and in time the price would surge again. It won't be an effective ecosystem if some people don't get scared and sell off, it's just the process. You see same people going on to buy when the price is high and rising, it just keeps the bitcoin ecosystem running strong.
This isn't to say the news won't come out and post about death of crypto-currency and bitcoin won't be made, but the experienced bitcoin enthusiast and those doing their research would know it's just another volatile program and in time the price would surge again. It won't be an effective ecosystem if some people don't get scared and sell off, it's just the process. You see same people going on to buy when the price is high and rising, it just keeps the bitcoin ecosystem running strong.
You see, especially newbies when they encounter a bear will begin to shout that BTC and cryptocurrency is a scam.
Without any doubt some cryptocurrencies are scam coins, while some of them are pump and dump coins, the complaints about those kind of projects are legitimate, and crypto users should not be hodling such coins, especially in a bear market, a lot of them won't survive the crash. It is Bitcoin that i am definitely sure isn't a scam and a hodlers don't have to worry about short term corrections, it is a project that is sustainable for a long period, but then the mistake quite a lot of people make is to think that every crypto is like Bitcoin, and is sustainable too. 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.It's clear that when there's a correction that just means you have to buyback or just buy since the price is getting cheaper but they think it would be wise to just wait for the bottom before they have to start buying when they don't actually know when or what is the bottom. They really missed the whole picture of buying and selling in Bitcoin.
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.
Op is right, of course. Bear markets are a part of the process, and they are happening from time to time after significant price increase. The differences can be in how low the price falls (both in absolute terms and in terms of percentage from the ATH), and how long it takes to fully recover (which can take from a few months to several years). Of course, it's also important to keep in mind that if Bitcoin always recovered before, it doesn't mean it will necessarily recover in the future, but the chance of it not happening is fairly low, especially if nothing game-changing happens that could truly signify the end of popularity of Bitcoin (but so far, even unlikely global disasters aren't doing that).
It's true that everyone can not hold Bitcoin. Only those who think long-term about Bitcoin are worth holding. Those who express concern about a bearish market are not true holders of Bitcoin. There are also doubts about how much they believe in Bitcoin. A real Bitcoin investor calls this bearish market as an opportunity.
With the Bitcoin cycle in mind. We know that we don’t need to completely hold Bitcoin most of the time because there’s always a time for correction and pump in every cycle. It’s still good to take profit and just hold when the price is not moving anymore at rock bottom level. We can have a better profit opportunity if we can do Bitcoin holding in a smart way and don’t let whales use our holding as escape liquidity because we are holding.
Just another reminder that the bitcoin market is cyclical, and everything that we are seeing with bitcoin now has already happened before and the necessary lessons should be learned from this:
There is no eternal bull run, just like there is no eternal bearish trend, so a dump is always followed by a pump. This was well shown to us by the cycles of 2014 and 2018. Now the market is dominated by bears, but sooner or later it will end and recovery and growth will begin:
snip
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).
There is no eternal bull run, just like there is no eternal bearish trend, so a dump is always followed by a pump. This was well shown to us by the cycles of 2014 and 2018. Now the market is dominated by bears, but sooner or later it will end and recovery and growth will begin:
snip
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).
LOL, the image representation is really funny. I liked it when 2015 and 2017 were pulling 2022 up
I guess that is the truth actually when it comes to holding bitcoin for a long term.
I have lived and survived the ATH of 2017 as well the bear trend after that and this is why I believe that yes bitcoin is cyclical and we will see a new ATH in a fee years.
Cheers to holding.
It's true that everyone can not hold Bitcoin. Only those who think long-term about Bitcoin are worth holding. Those who express concern about a bearish market are not true holders of Bitcoin. There are also doubts about how much they believe in Bitcoin. A real Bitcoin investor calls this bearish market as an opportunity.
I personally think there are no cyclical trend in Bitcoin.... it is just normal that any commodity or currency will have dumps and spikes, based on events that trigger that. The question is this... will there be enough positive events to push the Bitcoin price back to $60 000+..... or will negative events keep it down here for longer. 
Some "Commodities" or "Currencies" never recover after a major crash in the markets ...or it takes several years for it to recover. Can people afford to wait 4 or 5 o 10 years for that to happen?
Some "Commodities" or "Currencies" never recover after a major crash in the markets ...or it takes several years for it to recover. Can people afford to wait 4 or 5 o 10 years for that to happen?
This is simple math that most Bitcoin users don't understand and become panic. Once they become panicked they decide to sell and come out from tension. But the reality is they regret it again once Bitcoin starts to recover. Then they will raise the question "is that the right time to buy?". I have seen a lot of similar question once Bitcoin start recovering and move forward with a bull run. But sadly no one thinks to accumulate at cheap price. Anything could happen in cryptocurrency. Who knows we might not see this price range once again?
The two most difficult questions are: when to buy and when to sell? It is difficult to buy on a fall because you always want to wait for the best price, and it is difficult to sell when the market is rising because you want to sell at a higher price. You begin to understand this when several cycles have already passed and you begin to notice patterns, but for those who have only relatively recently begun their acquaintance with cryptocurrency, it is now difficult to see the whole picture, and there are many doubts.
but in the end it will be their valuable experience that will not repeat itself when the cycle occurs again, but still happens with new beginners and continues because I don't think the cycle will disappear until everything is even.
It's just that a lot of people have a different mindset when it comes to the market cycle. But the fact is always that it's a simple case of up and down. We only need to look back and zoom out in order to realize this. Still, fear is being felt by many when the bears come. So this reminder to hang on and HODL needs to be constantly hammered on them until such point that they would no longer be bothered by successive red candles.
Just a few days ago, somebody opened a thread relating to this bear market. Accordingly, a bear market is a market condition in which prices decline over a period of time. This is also a time when selling is encouraged because of the instability of the prices. This, I think, is basically wrong. Unfortunately, however, this is a kind of mindset running inside the heads of many.
Just a few days ago, somebody opened a thread relating to this bear market. Accordingly, a bear market is a market condition in which prices decline over a period of time. This is also a time when selling is encouraged because of the instability of the prices. This, I think, is basically wrong. Unfortunately, however, this is a kind of mindset running inside the heads of many.
Thank you OP this is what investors don't know about,that the way the world move in circle,just like our lives itself moves in circle. Today we are happy,tomorrow we are sad, this is how Bitcoin market is. It is at the bear market now no matter how long it last, it will rotate back to the bull market since nothing is permanent and changes are always constant. This is the best time to invest instead of selling as soon all Bitcoiners will be smiling.
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Yes history always repeats itself, there is no fear for bitcoin because history tells us that bitcoin will return to make a new historical peak inevitably, now the best strategy is DCA and Hold in the long run, those who get rid of their bitcoin now at cheap prices will regret it a lot in the near future, bitcoin comes out victorious Always in the end this is the lesson that history teaches us.
Bitcoin is definitely the most cyclical investment I've ever seen. The 4-year cycle seems to never disappoint. I'm not sure why more people aren't saying this is obviously what controls the price of Bitcoin, but nevertheless, it remains true. Buying regularly over the next 2 years will likely result in massive gains during the next bull run. I would even say that the day Bitcoin stops following this cycle is the day the price is no longer determined by supply and demand but manipulation.
The fact that we can buy at a low price at the moment is a great source of relief to most investors who have been waiting for Bitcoin prices to drop below $20,000 to starch more. At the moment the most comfortable people are Bitcoin holders as they are not worried about the price and are rather focused on their long-term Bitcoin goal. Quite a good number of bitcoinaires are busily starching more Bitcoin and the weak hand is busy selling that is the way it is, even with every cycle some are selling but the smart one starch more at every opportunity.
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