Topic: As some people want bulls some people want bears, bitcoin like season - page 2. (Read 379 times)

this reminds me of when bitcoin price hit ATH. and at that time I regretted not buying a lot of bitcoins at lower prices. and at that moment I still remember I was a little hopeful there would be an opportunity for me to buy from below. and now it's happening. hahahha so I took this bear market as an opportunity to make up for my previous regret that I didn't buy much. so now I'm so calm facing this bear market. because I see greater potential in the future. new ATH could happen in the next bullrun market. so I will enjoy this bitcoin winter with a cup of warm chocolate mixed with coconut milk and a little ginger  and drink coffee on this sunny morning. 

But that's how life always needs each other. Bitcoin buyers desperately need those who sell. and bitcoin sellers desperately need those who buy. although there will be so many fud scattered plus the economy has not recovered. I remain optimistic. because the cycle of life is after night there will surely come day. and after winter must be replaced by summer. The sky doesn't always rain. Even the sun will not always be covered by black clouds.

We are not just experiencing climate change in our reality but also in the crypto-verse, especially in trading...
When sometimes we need or expect the sun in the dry season but gives us rain and vice versa. There are times it's so hot but suddenly the rains pour heavily. Change is constant indeed.

But here with the price of Bitcoin, we can't see both happening at the same time. We are anticipating when will the sun stops and when will the rain start its turn. Having extra funds to buy more Bitcoin in this current season is an opportunity for those who already witnessed how growth can be achieved.

Do you know the irony of the matter. If I say it people may get mad at me. The fact is that I am praying that bitcoin should remain within 19k to 21k zone till October this year, so that I could buy. It is by that time that I will have the fund to buy bitcoin.
Op has just said it, as some wants bull, some wants bear, and I am among those that wants bear for now.

Some people have been reminded of the reality that it is still possible for the market to come down and present new opportunities for people to join the market. There's a popular saying that "One man's food is another man's poison, One man's sadness, another man's joy, and in this case, one man's loss, another man's gain". Investment purpose was not the original intention satoshi had for bitcoins, so if you choose to see it as a means to invest, you have to prepared for whatever situation the market presents. Even now some people are still expecting the market to bear the more before it bulls, with the bear market, the total number of bitcoin holders will increase as many persons have already sold off some bitcoins to new users who intended taking advantage of the bear market, this is why some people want the bear market.

Bulls and bears are crypto nature and traders nature is to expect bulls when they have bought coins at bearish and expect a bearish to buy more coins when there is a bull market and people gaining more and more. Its common and we should be really happy to see the thirst crypto and accumulating more coins when the market is bearish and selling off for profits when the market is bullish. This is the sign of how far crypto is surrounded.

Well it’s about preference and what every unique individuals what from their portfolio, I am not sure if a statistic like this can be carried out or has ever been carried out, but I strongly believe if it could happen then the results would be that the amount of people that want to see more crypto-currency fall would be large than those that does because of the opportunity it would open up.

Mixed reactions and expectations like this in the market right now should lead to the sideway, crab market, you know. I expect we should see this kind of indecision for quite a time, sideways for a while before the bear win.

Everyone wants to hold atleast 1BTC, and for that purpose certain group of people want it to be bearish. We have experienced the decline for the past few weeks, and when it reaches the low bottom the same looks like a big price for a common man who's yearly earning will be less than $10k. This is where the people want the bear to continue and the certain groups of people who have already bought want the bull market to start. This isn't season, but people it is all about the expectation of common investors of bitcoin.

Comparing bitcoin cycle to weather season is one way to interpret how Bitcoin's price and market are changing. We may all have experience the bullish and bearish on the crypto market multiple times for the past few years and we all have seen the pattern whereas we just need to wait for the bullish market to arrive again in the next few months. Some people may not like the current bearish market as they have lost funds and it's harder to invest but there are some who take it as an advantage to invest more. Just like how people hate the rain while some enjoy it.

IMO the comparison of those who want low prices and those who want high prices with those who want rain and those who want sun is limited. While it's true that both categories exist and nothing can go on forever (although there are countries where there's little sunlight and those where there is little rain), the motivation can be very different. I believe that most of those who want the price to be low are those who want an opportunity to invest, and then they of course want the price to grow, so that they can profit from the investment. There can also be bitter anti-Bitcoin people who just want the price to drop and never go up because they don't believe in Bitcoin. As for rain and sun, I don't think the majority of those who want the rain actually want it so that then they can appreciate the sun more. I also don't think anyone wants the rain because of hating sun-lovers while not loving rain themselves.

Usually people buy bitcoin when it is in trend and at higher prices. Now when the bitcoin prices are down, those people and also the long term investors wish the price to keep rising. Also, when the bitcoin price is on the rise, you will find people interested in it and everywhere they will be talks about crypto adoption.
Only the people who did not enter in the market yet, wants the bitcoin prices to dump so that they can buy low.

These cycles are good,the believers in Bitcoin jump in and take profit by buying Bitcoin at a cheaper rate while the critics say for the 500 time that "Bitcoin is dead".Investors,the one who bought Bitcoin at such rate and become the owners of 1 Bitcoin has made a great move.

Personally I never took profit of such opportunity to buy Bitcoin as I have never bought it,but mined it since late 2016 and I am happy with my way of getting it.Unfortunately I have no real advantage if the price is 20K or near 70K as I keep getting the same amount of Bitcoin daily from my mining activities but one could say that by doing so I always "buy" Bitcoin at the cheapest rate no matter its price.

It is healthy to have cycles. The only catch is that the 2nd bear cycle should not touch the lows of the 1st bear cycle and that's it! back in 2017-18, bitcoin has gone back to 3k regime after touching the heights of 22k. currently, bitcoin has reached to 20k after touching another ATH of 69k. So it's a healthy increase in price and such bear cycles are only allowing us to score up more and more bitcoin as per the depth of our pockets. It's an amazing opportunity.

If someone fails to understand such opportunity in the market, it's their mistake! Let's not get into discussing such naysayers. Rather focus on scoring up more bitcoins while it is hot!

1BTC seems more reachable for many at $20k as opposed to $50k+, where the price hovered for a couple of months during the bull run, so it is not a surprise that some would be excited about the current price range. This price would not only favour those aiming to be wholecoiners, even large investors would also use this opportunity to buy more at a cheaper rate.

The most criticized holders now, would be institutional investors' and nations (like El Salvador) who hold Bitcoin in their reserves.

"Ceteris Paribus" as the case maybe we all know that bear market are as a result of market reactions. At this point, when the market is down, it is advisable to fill your bags or hold while there are some panic sellers out there wanting to sell so as to avoid loss in investment. As a smart investor, it is right time to buy so as to increase your portfolio and make more profits. Subsequently, Bitcoin has displayed it's current state but upon which, it soars high after than same scenario and reaches a new all time high to remedy it's current state.
And lastly I would say this, Bitcoin is not a scam neither is it a Ponzi but a store of value otherwise called digital gold.

Some people thought bitcoin is a ponzi scheme, some thought it is a scam, but bitcoin is neither a ponzi or a scam, hope some people will lot be foolish until they realize the benefits they can earn from bitcoin holding. This is how I see bitcoin, like natural occurrences, I understand it is not nature but it can be related to seasons, sun and rain. When some people want the sun to shine, some people will want the rain to fall. But regardless of wish, the rain can fall or the sun can shine at any time. But some people wait for the period of sun or rain, they make the right calculations and predictions and they are happy as it happens as they predict, but it can be the other way around sometimes, a time patience is necessary.

The price of bitcoin can not continue to increase, it is just like season, the sun and the rain. The bull season is gone for now, the bear season came and still around, the bull season is coming again. As some people are complaining that the price of bitcoin has fallen,  bitcoin is dead reached all time high on Google search. Actually, bitcoin price falled, as some people are complaining, some small investors are happy now that 1 bitcoin they were not able to hold when the price was so high, they can be able to hold it now. Just like on this forum, some people that join signature campaign are happy that they earn more bitcoin, including me, I am among them.

Small-time investors achieve the 1 BTC dream as Bitcoin holds $20k range


As bitcoin can not continue to rise, it can not also continue to fall. As some people sell, some people are planning to buy. What will only happen during the bull time is the price of bitcoin to increase significantly again and reach all-time-high, the bull time may be long, but it is coming. But now and hold.