Topic: Bitcoin 2017 : 20,000$ - Bitcoin 2022 : 20,000$ - page 2. (Read 522 times)
Your perception is wrong in this case, the momentum of a declining coin is almost inseparable in the market, in fact the coin's journey will be faced with two problems, namely correction and increase, if your assumption of holding bitcoin is useless, many people will leave crypto, bitcoin itself is the source of many of the coins that exist today, even if you can take advantage of short trades for bitcoin, while at this time can also make small profits, try to think big for the impossible.
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
Bitcoin stayed above $20,000 when the month of July closed, I'm very happy and positive about that, and for the month of August I am still bullish.Resistance is $30,000 and support is still $20,000.
This is just showing how the peak of 2017 is a strong support right now.
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
This is a very superficial analysis, if the price had remained static or close to it for so long then you may have a point, but that was not the case, the price went as low as 3k and as high as 69k during that time, the volatility was extreme and that volatility is what gives you the chance of making a lot of money as a trader by timing the market or as an investor by buying the dip or using the dollar cost averaging strategy during that period of time. 
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
Maybe something like this will be useful if you tell people who don't like bitcoin that they can give more derogatory alibis and they still have material for distrusting bitcoin 
But here I think you will only be considered as a joke if you say something like this because this is indeed one of the things that can be considered stupid (sorry to say this).
But I like the opinion of @a1 Hashrate LLC2022 you could say this to create panic for some newbies because you are ready to buy, Nobody knows about it lol.
I don't know... I've been accumulating BTC since 2016 but this is the first time I've noticed this loss of momentum (loss of MA200 and breakout of the previous ATH), it never happened before like this. I have a feeling that BTC will not drive the market for much longer, but that's just my opinion. Personally I will start to accumulate more ETH shitcoins than BTC in the future.
And after 6 years, you have this conclusion? I think you have completely misunderstood some things and think that Bitcoin is a money machine from which you can withdraw more and more money as time goes on. If you have already started making comparisons, you could also put 2015 as relevant with a price of $200, which compared to today is only 120 times more or 60 times more compared to 2016. Bitcoin has become part of the market, and if you haven't noticed, the situation has not been great lately - all of this had to be reflected in the price of Bitcoin.
That altcoin you mention is planning to replace POW with POS this year, and that is not something that can have a positive impact on the price (at least not in the long term).
I remember back when we were at $60K. I told people to buy at 200 WMA which was like $25K. And people called me crazy.
Perhaps they don't understand why we need to buy at certain points when our TA says so. And then you proved your pint months ago, so it's theirs lost.
Now it’s the complete opposite. When it’s a good time to buy people are saying Bitcoin is dead or that they will buy it at $10000 or something like $4000 instead.
Huge sentiment shift.
Huge sentiment shift.
I guess that the beauty of crypto investment, people are very irrational, same as those who buy at the top of 2017 and 2021 bull run. And then they bitch around saying that bitcoin is dead.
In 2017 for me it's part of the foundation of the building and for 2022 the price is $20k as the ground floor for the next step up. 2017 some people don't really understand bitcoin but over time until now bitcoin has been accepted even as a transaction tool in some countries, it's clear that growth will continue and we are now heading to the next better ladder. So I think buying more is a good option for the future.
But remember, 5 years ago the ath of Bitcoin is $20k, after that the ride didnt turned out smooth but the price still managed to climb up. Thus if you're one of those investors who take advantage the price increase, you'll not be dissapointed as what you are now. You just need to be patient and be optimistic. But its not surprising since weak investors tend to sell in times of bearish season because of FUD.
We can't remember what happen with last several year when bitcoin still going dump, just check last years when bitcoin reaching all time high above $65,000 and right now drop drastically almost 50% down. I think Bitcoin is worth for investing assets but need to be patient without entry before checking with bitcoin have reach higher price or moment for bitcoin going dump. Every one will not disappointed with bitcoin if know right time have to buy and sell bitcoin, not to be most loyal keep holding bitcoin when get time for selling and price reaching up, but you need make good controlling when have to sell and buy bitcoin before losing chance. Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
If you're not happy then you can quit and find somthing that might be profitable for you. Bitcoin is a crypto and an investment opportunity to those who wants to take advantage the volatility but not everyone can understand how it works. So if you feel its not what you expected it to be then you're free to do what you think is right for you.But remember, 5 years ago the ath of Bitcoin is $20k, after that the ride didnt turned out smooth but the price still managed to climb up. Thus if you're one of those investors who take advantage the price increase, you'll not be dissapointed as what you are now. You just need to be patient and be optimistic. But its not surprising since weak investors tend to sell in times of bearish season because of FUD.
I remember back when we were at $60K. I told people to buy at 200 WMA which was like $25K. And people called me crazy.
Now it’s the complete opposite. When it’s a good time to buy people are saying Bitcoin is dead or that they will buy it at $10000 or something like $4000 instead.
Huge sentiment shift.
Now it’s the complete opposite. When it’s a good time to buy people are saying Bitcoin is dead or that they will buy it at $10000 or something like $4000 instead.
Huge sentiment shift.
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
So what have you done with them so far? Don't make such silly comparisons. The opportunities for movement they offer are numerous, unfortunately for those who are not knowledgeable enough to join the journey it has taken. At this point, perhaps many people are skeptical about it in terms of growth or decline. Of course, from a long-term perspective, I believe in the value they bring to hoarding assets. And don't look at price that way either, but look at the start of the present and the future opportunity it creates. 
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
First of I think the highest price of bitcoin in the year 2017 is only 18 to 19k, not 20k while on this year, we are not sure yet if we will end this year with a price of 20k or not because there are still some months left and there's always a chance for the BTC price to change. In the event the price didn't recovers a lot, then what can we do? You can always expect that each new year, BTC will also reach a new ATH. That's wrong as that's not how this market works but there are two cycles here which needs to be followed. The bear and bulls can occur at a random time I believe. That is why. BTC may lost its momentum for a while but it surely can come back much stronger next time so no, hodling and buying BTC is not pointless.
Many people are tired of facing the bear market that happened this year, that's why they think Bitcoin will never recover and think holding
Bitcoin is pointless. I'm sure the OP said that because he doesn't understand how Bitcoin works, but this is how Bitcoin moves, we can't expect
Bitcoin to be bullish continuously. Bitcoin will indeed experience a bearish trend and we must be patient with it, because only a patient person
can make a profit from Bitcoin.
If we learn from the bear market in 2018, which I think is worse than what happened this year. Even I still remember a lot of people who think
Bitcoin will die when the bear market in 2018. The reality is people who believe in the future of Bitcoin and collect Bitcoin in 2018, then hold Bitcoin
until 2021, they can make big profits. We should be able to learn from the history of Bitcoin movement, never doubt the future of Bitcoin.
Holding Bitcoin at least until 2025, I believe we can make huge profits and no longer consider Bitcoin holding pointless.
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
Why it’s pointless? What’s your basis for this one?Bullish trend is not forever, in order to reach a healthy peak we should experience a down trend since we cannot always pump. Bitcoin is still worth it, but if you don’t see that then I think something is wrong with your analysis and you have to review that again, or else you might lose some opportunities with Bitcoin.
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
First of I think the highest price of bitcoin in the year 2017 is only 18 to 19k, not 20k while on this year, we are not sure yet if we will end this year with a price of 20k or not because there are still some months left and there's always a chance for the BTC price to change. In the event the price didn't recovers a lot, then what can we do? You can always expect that each new year, BTC will also reach a new ATH. That's wrong as that's not how this market works but there are two cycles here which needs to be followed. The bear and bulls can occur at a random time I believe. That is why. BTC may lost its momentum for a while but it surely can come back much stronger next time so no, hodling and buying BTC is not pointless.
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
discouragement should not be this time except you are new in this market. Bitcoin $20000 in December 14- 2017 was the all time high at that time but after then it went down to $3,750 in 2018! It also hit $70000 in 2021 and $20000 has been predicted to be the bottom. I think we are more better now than 2018. 
Hey, we're all entitled to our feelings, OP. And I always say, if no one's selling, then no one's able to buy, and then we don't have a market, and then we're all in trouble.
Exercise the freedom that's yours. Sell your BTC if that's how you feel, buy more if you want to. The market thanks you for your participation.
Exercise the freedom that's yours. Sell your BTC if that's how you feel, buy more if you want to. The market thanks you for your participation.
The ATH of this cycle was only 3.5 and it seems very unlikely that we will beat it.
From the current price, getting back to last ATH and some more, no matter it's "only" +50% (to get over the much expected 100k), is imho in the books for "explode"
Actually getting even near to last ATH would already be wonderful, since everything bigger that what banks, gold or stocks offer is already very good.
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
The longer we stay below the $23,000 price level, the more difficult it will be to return to the higher levels, but it is wise to expect that, at the present time, with all the world crises, maintaining these levels is a very positive thing.Therefore, if by bullish momentum you mean the successive rises that have been taking place in the last two years, then the matter is not correct, and if you mean no declines, then it is likely that it will be difficult to drop below the $17,000 levels.
Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
if you says Holding meaning you already has ? then what is the point of selling them ? and if you are talking about accumulating then why doubt when the price is is really low and you can easily buy and keep for another years?and also Bitcoin did not lost its Bullish instead this is only resting and can run back any time in the future though not this soon.
If you don't trust Bitcoin enough to believe its price will explode again, be my guest and sell.
I have my doubts that it will explode, if by explode we mean that it will have the returns it had in the first two cycles. The ATH of this cycle was only 3.5 and it seems very unlikely that we will beat it.
It still seems to me to be an excellent investment for the long term due to its properties, but I would not be surprised if the returns of the next 2 cycles are 2X or 3X at most the ATH of the previous cycle.
Jump to: