Topic: are we going to have "fear" months? - page 6. (Read 961 times)

It's very small to reach the opportunity, although sometimes the market can change very quickly, two months to recover the market against bitcoin is a difficult job, considering that in the previous year bitcoin corrected for so long, if realistically speaking, then the opportunity is likely to happen in the middle of this year, but if the correction can be picked up in total in the next month, but we have to believe that bitcoin will reach at a great price.

Not so sure in January and February Bitcoin will experience a large pumping, market conditions are currently very decisive in the month, but in the long run, this year Bitcoin will experience a big increase, although it cannot be clearly predicted in what month, and I still believe in Thus Bitcoin's condition will experience a large price increase, considering the market scenario is waiting for Bull Run to recover Bitcoin at the initial stages of pumping.

nope this is a normal situation actually. because imagine how bitcoin reach the current ath in just a year? 2 all time high remember.. So for sure these is just a correction but everyone is panicking reason the price gradually decreasing as well. But still not a big deal tho. Yeah fuds are everywhere but remember how bitcoin can survive always despite of situation.. It's always too good to hold mate. Especially if you already dump some of your profits because no need to worry..indeed this situation will not last.

Yeah, the price of bitcoin definitely would have been different if we did not have heard about the new strain of covid. At the same time, the awareness about making use of dips seems has been significantly increased which is the reason we are holding the support above $40k till now. So, when investors are confident about bullish trend in long run then this month may not remain how it started.

I guess tonight might be more crucial and if we see any bullish action tonight then we can be sure about upcoming bullish trend in 2022 otherwise this year would be a replica of 2014 and 2018.

I have no doubt it could happen, I've seen this kind of situation in the past, it's easy to decide now because if the price will dump, that means it will not end there, the bear market might stay for a longer period of time and that will bring a lot of accumulation opportunities for us.

Keep the faith high and enjoy the bear market as much as we enjoy the bull market since it's a cycle that we cannot prevent to happen.

For more than two years, we have witnessed the constant creation of fear through a pandemic, and even when scientists say Omicron does not cause serious consequences, politicians around the world continue to act as if a disease is spreading around the world that kills every other infected person, while in reality the mortality rate is only 3.4%. When we look at the biggest panic in countries that have the highest rates of vaccination with 2 or three doses, one wonders who is crazy in that story - shouldn't the vaccine be the solution?

Personally, I am surprised that, despite everything, the world is holding up pretty well, but only because most governments have implemented very populist measures and injected a lot of money into the pockets of ordinary citizens and the economy. When they close the tap and the prices just go up, we can expect a crowd on the streets that will finally wonder how long all this will last.

I don’t think Bitcoin can avoid that vortex, because the whole market is connected and when things go downhill almost nothing can stay stable. Far from being pessimistic, but the next 3 months will probably be difficult for everyone - and when the winter in the northern hemisphere ends, things will start to return to normal - because the virus must also go on vacation

My guess is that it would be by March where most of the time during that month the fear starts. As the price reflects in the past that on that particular month, the price of bitcoin usually fell. But no matter what people will come out with these months, no one will stop me from holding.
And if I get to have some spare budget, I'll definitely buy as long as it's under $50k and even it goes under $40k or $30k, those prices are good to stack some bitcoins.

Well, to tell you the truth, I'm not sure Omicron has even had half a devastating effect as what Coronavirus had on the economy in 2020. Nah! Not anywhere close. At least, the world has an idea how to tackle Omicron unlike when Coronavirus debuted.

I expect that Bitcoin will dip this first quarters of the year. My expectation has nothing to do with the Omicron spread. It's from historical data of what transpired in the first quarters of 2018. Yes, this should be a fear month.

We can't categorically call if 'fear' months, maybe we can see occasional dumps along the way.

But I do believed that there are smart investors or at least those who have matured enough to take advantage of this dumping and buy bitcoin at a cheap price to at least halt the incoming dumps.

Just a question on what will be the best price to enter amidst the selling pressure.

Not gonna speculate but I don't think it's always to stay in constant as there are no permanent thing except change. Still staying on the sidelines is probably the best move I could ever think right now, probably the bestest.

I don't know if we gonna go back to 20k level once again but my stablecoin portfolio is always waiting to get some cheaper bitcoins and other favorite top alts.

Well it looks like we are going to be like that, however, for those who have been in the market and seen the ups and downs in 2017 and the eventually crypto winter after that, no need to panic and hopefully they learn their lessons to that long and bearish trend.

So personally, if the bears come early then we can't really stop it, but what we can do is to continue to accumulate as much as we can and have the mental toughness to HODL and then wait for another bull run.

That's cause they're bulls, that's why they're easily spooked. I don't know why they're easily spooked though, especially those that have been in market for a long time already, kind of feels like there's not a lot of people that have learned to be patient and that this pace will be eventually outgrown because it's happened some time in the past.

Let it be like that.
We saw that happen many times before, so we do not have to fear if the market is still dropping, even to the lowest price.
That will be our discount time to buy as much bitcoin as possible.
Hopefully, Omicron is not too dangerous as the previous virus as we already get vaccinated and I guess the government will ask us to have a booster vaccine later.
The price could be down to $30k if more people still panic and can not hold their emotions.
Maybe we will see that happen this January and February since the Chinese New Year will come soon, making people sell some of their assets to celebrate it.

Omnicrom is a bad flu, any normal year I'd say terrible but in contrast to the more lethal prior variants Im almost willing to say its a slight positive.   Still markets will naturally pull back from the highs and Dollar index is higher now then its been for a while, there is fear overall.   However DXY is not beating the highs of July 2020 so I'm not that apprehensive bigger picture, we are talking about speculative moves.

Right now I'm looking for a bounce back upwards.   The rejection of highs is what indicates future lows, we havent yet tested that yet so dont be quite so negative in this exact moment is my take.   See if we can beat the 2 day average we are close to

If you take a look at this data and historical values, now is the extremely lowest value of the Fear & Greed Index of Bitcoin since last month which is 29.
This time, I remember way back in 2018 January (exclude alt season), after the peak, Bitcoin started to dump. I believe that next month could be the best the bounce month or like pullback after this dumps started on the month of January.

Yea I agree, Bitcoin market related Fear needs to be experienced and after going through
it further fear events will be easily handled.

I'm not worried by this latest downturn, it gives me a chance to buy back some Satoshi's
which I had to sell in December, now I'm buying more Satoshi's for the same FIAT, its great.
I can do this in the belief that long term everything wil be just fine.

I heard a interesting interview on the radio today with a computer scientist about this current
downturn, He put it down partly to the unrest in Kazakhstan and how the internet was suspended
there from all the riots, this effected mining and mining is very popular there since China became
very unfriendly to Bitcoin last year.

Here is a related article > https://www.newscientist.com/article/2303666-kazakhstan-unrest-takes-down-a-fifth-of-global-bitcoin-mining-network/

Of course this is only temporary, a lot of people cannot see that.

We can't deny that we are exactly here, in the fear months where there are so many people who are triggered and influenced of the fears spreading. that is not only because of the new existence of new variant (I am sure that there will be other variants again and again and this likely will never stop, let's a list).
People who concern with BTC price seems also to be very panicked about this current market situation. It has broken the support nad moreover some FUDs are also still spreading, some people also predict about the next support of reaching to drop again.
Well, this is normal that many people will be influenced by the FUD and become panicked enough.

If all or most people can think clearly about this, this current market will not mean many things. But sadly, many people (especially beginners( have been influenced and they are so afraid fo the market, think about Bitcoin bearish and will not rise up again.

Any months on a certain year could be possibly those fear months you do say because nothing is totally assured for such reason on why it had dropped on this way.If you've been on this market then
you wouldnt freak out which those common noobs would actually do.

Some might be seeing that these drops are good opportunities to buy but there are people who do go into the opposite way and telling that this is the end of crypto.

Deal with it because we cant really just have a market that would only focus on going up.

Fears and panicking are really expected when the price drops, so technically we might see more dramas in the market which can cost for a big price drop again. Well, this could be an opportunity to buy again just wait for the good signal before you buy. If you’re here in the market years before this drop, you should know what to do on this kind of situation, buy more.

The ones panicking are the people who are over exposed to bitcoin or the late comers who haven’t been through a bear market before. I sold pretty much nothing from 2014 to Q3 2021. In 2018 I thought my life was over, full of regret & panic but I still sold nothing. I learnt from that mistake & sold 25% between 53.8k & 65k, I am prepared for all outcomes now, feels good.

I think everybody needs to feel like I did in 2018 & 2019 so they get experience to do it right in future cycles.