CAN WE STILL GET THE 2017 BULL IN THIS 2020? - page 6.

concept2

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Quote from: Danslip on September 01, 2020, 06:43:08 PM

The current BTC price is going to touch the $13000 but this price surge doesn't mean it is a bull market. It is too early to call it a bull trend for the obvious reasons, there are no fundamental reasons to look for the bull market signs. During the 2017 bull market, everything was new and people have kept buying cryptocurrencies because of the lack of knowledge about the crypto industry, they had one reason: to jump the bandwagon.

I agree with you. There were too many people affected by the FOMO during 2017 when everything was new and attractive. The situation right now is not the same as it used to be in the past. People are more aware and lose their belief in bitcoin. I think it is good because it will make those people who only care about money while investing coins stay away from the community. We dont need those kinds of people.

However, from my perspective, there have been many companies, firms, corporations and rich people pay their attention to this digital asset. Many have shifted from traditional investment into cryptocurrencies because of the high potential profit, new technologies and a variety of benefits. Therefore, if everything goes well, we can easily observe another bull which totally different from what we have witnessed in 2017.

gabbie2010

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Quote from: Kezacky on September 02, 2020, 03:35:23 AM

I think the difference between this year and 2017 is almost the same as many coins and altcoins that are able to pump so high and of course many investors are benefiting from this, especially those who invest in the Defi project. So, there is still a possibility that the bull market will come later this year or next year.

If we look at the conditions that have occurred in the market this year it is almost similar to 2017, but if we look at the project development perspective this year and 2017 I think it is very different, because the percentage of project scams this year is still much higher bigger than 2017.

In 2017 almost all the altcoin pumped likewise Bitcoin infact cryptos market thrived very well then however I can see a different scenario now based on the fact that Bitcoin adoption is gaining ground, recently PayPal had adopted Bitcoin as one of its payment gateway, and many more other global recognitions.
DeFis projects might have been thriving now I believed it will be momentarily due to its hype, this is some investors favorite for now because they are making profits from it, very it will bedevilled with stories of scam just like the days of ICOs invariably will fade out.

rodskee

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Quote from: princecharles on August 28, 2020, 07:15:49 AM

Quote from: rodskee on August 28, 2020, 07:10:10 AM

Quote from: Miaallen on August 28, 2020, 05:45:31 AM

We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.
Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.

Stop imagination and prevent yourself from Looking about "When 2017" will happen again or when Bitcoin will Kick to $20,000 again.

Those are scenario that will make you fool in investing here in crypto not unless you are a long time Holder that only waiting for a Bullrun to sell your coins?

But if you are not a Holder then stop your hallucinations and Get to life,Instead of waiting for another Hype start buying now and sell for at
least 10-20 % profit each time,that is enough to make a living even if it took your 3-5 days to achieve .

This is actually a very good strategy for one to make the best out of the market. But it feels really painful after selling for 20% profit, only to watch the tokens value increase to 200% profit. We all love the biggest profit and it is refreshing to feel one is making heads way in the cryptocurrency market. I really do wish that the bull run continues.

But what about when you sell at 20% and then the price drastically fell to more than half of price?what can you feel?
this is the problem about traders that always seeking for too much income but not considering the opposite side of the market.
Let us be thankful in small income at least we are safe,than looking for high profit but ending losing even our capital.

Kezacky

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I think the difference between this year and 2017 is almost the same as many coins and altcoins that are able to pump so high and of course many investors are benefiting from this, especially those who invest in the Defi project. So, there is still a possibility that the bull market will come later this year or next year.

Rikotin

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I observe,Most people expect similar bull run by the end of 2021 but i think that it will come before that this time as ethereum and defi could be the big stimulus also this time other than btc halving.

Ayers

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i want another bull run for altcoin too not just bitcoin, altcoin are so useless right now and i need to dump some of them

mamesso

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Prices are falling.? If we compare the quarter at the beginning of the year, Current prices are much better, as the market is starting to show a positive trend. What happened on 2017 can still happen in the future, because the crypto market will keep pumping after the pandemic is over. The crypto market started the year very well, I hope that in the future there will be a push to make Big changes in the crypto world so that it can repeat the story that happened 2017.

rendravolt

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For 2020 we will see another bull on the market. But maybe only half of it, for the peak we will see it again in 2021 and at that time bitcoin will be very difficult to buy because the price is already equivalent to lamboghini. Grin

gaston castano

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if you ask people that they can only give their speculation, no one knows exactly when the bull will come.
even if you look at the previous year's chart.it doesn't guarantee that the movements will be the same, but it is better than without doing any analysis.

onecall123

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Quote from: tracyhayley on September 01, 2020, 06:17:26 PM

Quote from: Miaallen on August 28, 2020, 05:45:31 AM

We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.
Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.

I think the bitcoin price is not too bad for now. i know so many people was disappointed about their price, i mean the btc price drop badly since 2017. i think the bull market for bitcoin has started one more time now, but it goes slowly this time. hopefully we can see bitcoin price keep rising till next year.

This time with the help of DeFi hype before the year's over we may encounter a decent price. The price of Bitcoin (BTC) has hit $12,000 just a weeks ago, this is the crucial resistance level we have to conquer. Following these all sign traders are getting more hopeful, and me as well.

piebeyb

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not in this year, if from my analysis this year will just start where people are getting ready to board the train before leaving, you can see it next year, so be prepared to see that in the next year the events are almost exactly the same as 2017, you can read the analysis I am here

ttcsalam

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It doesn't seem like a market trend. It will be something like that.However, it is true that a number of new investors have entered the market.I think it can be seen as a positive aspect.It is hoped that if this trend grows properly, we can expect a market like 2017 in the future.

ubay

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Bull run 2017 will happen again, but I think there will be a difference when 2017 there is a pump that is so strong that it makes FOMO and all eyes on bitcoin. 2020 many people already know what bitcoin is, and they will no longer be hooked on FOMO, so with what? Later you will find out for yourself.

My advice is to increase the bitcoin in your bag while it's cheap.

Danslip

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The current BTC price is going to touch the $13000 but this price surge doesn't mean it is a bull market. It is too early to call it a bull trend for the obvious reasons, there are no fundamental reasons to look for the bull market signs. During the 2017 bull market, everything was new and people have kept buying cryptocurrencies because of the lack of knowledge about the crypto industry, they had one reason: to jump the bandwagon.

tracyhayley

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Quote from: Miaallen on August 28, 2020, 05:45:31 AM

We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.
Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.

I think the bitcoin price is not too bad for now. i know so many people was disappointed about their price, i mean the btc price drop badly since 2017. i think the bull market for bitcoin has started one more time now, but it goes slowly this time. hopefully we can see bitcoin price keep rising till next year.

bttmember

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Lets be positive and i think this debate, comparing the previous bull run with current market is not worthwhile because everytime there are dozens of factors involved. So i think bulls will be once again dominating but we do not know or cannot predict how big the prices will be after this cycle.

restuibu

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the price fell and it could grow again, if you look at the price movements of bitcoin and some of the top altcoins it looks like we are approaching a bull run maybe in a few months we will feel like 2017

Claudio99

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Quote from: Silberman on September 01, 2020, 01:16:52 PM

Quote from: joinfree on August 28, 2020, 12:56:15 PM

I think we are already in this era where DeFi projects are rewarding private investors x30 of their principal amount. Take a look at Mantra, Open Predict, all these projects are doing very well on the market. Damn, I forgot Polkadot which is the new gem out there. I think this bull run it's coming with only DeFi related projects.

Unfortunately this cannot last, DeFi projects have been giving huge profits but at some point people will realize that those projects are not mature enough to sustain those prices and then when you add scammers to the mix releasing all kind of related coins and scamming their investors the market will change from greed to fear and those projects, even the good ones will begin to crash, and at that time you do not want to keep holding those coins as you risk losing the rest of your capital.

That's on investors not just you or me, if investors are captive with what DeFi projects are offering then the price will keep rising, we both know what will happen if every investors start dumping their bitcoin right?

Silberman

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Quote from: joinfree on August 28, 2020, 12:56:15 PM

I think we are already in this era where DeFi projects are rewarding private investors x30 of their principal amount. Take a look at Mantra, Open Predict, all these projects are doing very well on the market. Damn, I forgot Polkadot which is the new gem out there. I think this bull run it's coming with only DeFi related projects.

Unfortunately this cannot last, DeFi projects have been giving huge profits but at some point people will realize that those projects are not mature enough to sustain those prices and then when you add scammers to the mix releasing all kind of related coins and scamming their investors the market will change from greed to fear and those projects, even the good ones will begin to crash, and at that time you do not want to keep holding those coins as you risk losing the rest of your capital.

Wend

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Quote from: Miaallen on August 28, 2020, 05:45:31 AM

We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.
Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.

I highly doubt that we can get the 2017 bull in this 2020. Possibly it will next year since I strongly believe on the 4 year cycle of Bitcoin that greatly affect the market cycle of altcoins. We can possibly see that the bull market is already starting but the peak of it will possibly happen next year, the year 2021.

It will happen if the crypto will still increasing the prices of the coins listed in a market even do they have so many scam project and no value of coins release. The one thing could be possibly is the coins in a toplist because they are more trusted and have a highly chance to reach in top again so for now we need to start holding one of them before its to late.

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