Topic: Bullrun will always come , Newbies do your research well - page 9. (Read 1867 times)

In my opinion this informs those who are unfamiliar with Bitcoin about how they should behave in the future. Bullrun will undoubtedly come but it would be better to accept until then. Maybe a few months maybe a few years.

I doubt such decisions will be good for Bitcoin in long term. Bitcoin is designed as counterpart to banks an centralized profit bullshit so why exactly this should be a positive news for BTC? Maybe all these speculaion about gaining profits fro bringing BTC to wallstreet is making this bear market even worse...

Bullrun will come but no one can tell when it will start.
it will just on the market and we will see tokens price rising.
Bears will never stay in the market forever bulls will come to get them away.
we just need to wait and study more to get the best token we can have.

I think that the next bull run will be triggered by approval of bitcoin ETF by SEC. We already heard of the news that several ETF had been rejected. We are still waiting for the approval of other ETF applications. Maybe next an ETF might be approved and ths will trigger the next bull run. But, for now we are still expecting more downward trend. However, you can acquire some bitcoin and altcoins while the prices are low.

Am I following the idea right: if the market tendencies are repeating themselves, it means that the chances are high that a bullrun will be followed by another market crash? What's so positive about that for holders then? As you see, I'm one of the newbies. And no, I haven't sold my BTC))

Just because something happened in the past doesn't mean that it'll happen again. I'm not being pessimistic, but it's the truth, we don't know if we'll ever see a bull run again. But we don't need a bull run and hype with a bunch of people fomo buying bitcoin like crazy to test a new ATH, we could very well see a slow upward movement for the next couple of years until the price goes past 20k. Newbies shouldn't put all their hopes in a bull run, they should just understand that the price will recover in the long run.

It's because majority of them buy bitcoin during its peak price, that's why they're so worried because the market suddenly turns into a bearish one and seeing their portfolio going down, its worrisome for newbies.


The only good thing you will get from reading Bitcoin's past, is that the market works in cycles. But we can't pinpoint when does the bear cycle ends or when is the bull run begins. The market is fairly young and the sample data is few to predict where the price is going to be. That's why majority of us are taking advantage of the situation by buying today because its cheap and then wait for the market to make a reversal in the next months or even years.

In my opinion, what the newbie is afraid of until now is the reason why the bubble in bitcoin is very risky. Manipulation and hacking that are still rife also adds to their concern for investing. They should also find the reason why they should buy bitcoin, and for how long do they have to be HOLD bitcoin ?
Most of them are expect for short-term profit even its almost impossible

It is true that the bullrun will happen, sooner or later, but you must also be aware that this bear market has lasted longer than any prediction, that is why it is so dangerous to try to make predictions, because we do not really know what will happen, it may recover in 1 or 2 years and that is a bad investment from any point of view.

Nope. They are worried because they might not afford holding long enough for that bull run you're talking about. Of course if they can hold a year or more, just as you've said, they'd be less worried about the current situation.

i understand them, i bought my first bitcoin in earlier january, i was thinking it was too easy to make some money because btc was around 17k.if new investors understand its not that easy, everything will be easier for them.

Most people here are mistaken.  Past performance usually repeats itself the majority of the time.  If it didn't there would be no point in studying history and looking at past market charts.  The upside heavily outweights the downside and this will be the last chance to buy in cheap before crypto becomes completely mainstream.

They are really worried now because the price is in bad condition and even all solid cryptocurrencies are in bad situation. Aside from worrying because of the price some people use this opportunity to buy bitcoin. In terms of bull run we just need to wait because it will happen again.

they are full of fear and just understand that bitcoin is not like gold.
I am still grateful because bitcoin still has a price and I think it is very valuable. if the price goes down I think this is a good opportunity for anyone to get a cheap price. relax

The beauty of cryptocurrencies is its unstable state. No one can accurately predict what will happen with cryptocurrencies for there will always be bullish and bearish state

Thank you , oh wise one. Now please inform us what is the bottom?

I agree with those of you who are forward-looking like that, who are able to arouse the enthusiasm of crypto money users who indeed have support from every party and also information that can indeed encourage the user to continue to be optimistic about the future of crypto's money.

Past performance will not guarantee future results. If bull run will come, there's another reason why it will happened. We have lots of reasons to believed on that disregarding the price history.

On a side note, we don't have to bother on other's approach on the bitcoin future price. We can't have the same view about it. If others want to dump, then fine. Want to exit, then fine. Want to continue, then fine. etc.

People just have to take advantage on every opportunity they will encounter, whether to buy or to sell. What matter here is, we must received a "benefits" no matter the market situation is.

since october when the hashrate decline of pools getting ready for the next gen ASIC switchover began. profitability changed those unable to obtain bitcoin cheaply through mining stopped and those who could carry on have. and now they get a bigger slice of rewards due to less competition. thus they can sell more cheaply

there is a market/mining dynamic that plays out as a result. no one wants to sell for less than cost. and everyone is looking for the cheapest way to obtain bitcoin. so there is a correlation between mining and the markets.

just watch for when (not a temporary hourly/daily average) a weekly/monthly average of hashrate rises. and you will see the market follow

looking at the most efficient mining. (i done the math to make it easy) take the hashrate and multiply it by 104 and you will find the dynamic number of minimum mining cost / minimum bitcoin sell value
its not a hard rule as sometimes you get the odd early adopter/panic seller that wishes to push beyond that. but after that temporary event, the early adoptor/panic seller no longr has their coin so they cant re-push the price using coins they no longer have,
but in general you will see the dynamic play out where by the price stays at or above the 104 multiple of exahashes

take right now ~32exa *104=3328........ current price ~3400

this correlation has been well known for 8+ years
heres hal finneys first ever post on the forum talking about it in 2010

the dynamic exists because if mining is too profitable miners sell. bringing down the price.
the dynamic exists because if mining is too expensive people just buy. bringing up the price.

people will always find the cheapest way to get bitcoin. and people avoid selling bitcoin at a loss. so price staying around the cost of mining has shown a correlation even 8 years later

after all, at the moment some altcoins and other crypto in the market are doing significant development, and hardfork are doing them to be even stronger in the market. the efforts of et bitcoin are also still not giving up, so believe that a bull run will definitely happen.