Too pessimistic and it doesn't make sense for those who are already here who think like OP, everyone here including me will stay here and use crypto, especially bitcoin under any circumstances.
leaving crypto for three years is tantamount to leaving missed best and profitable opportunities and moments and I think now is a great start to getting better for tomorrow, the day after tomorrow and beyond.
Topic: Currently i am quit from market and come in 2024 - page 2. (Read 780 times)
We have already faced a crisis in the crypto market. Many coins fell, but after a while everything recovered not only to its previous limits, but also much higher. Of course, during a crisis, we will observe a decline, but it will not come to a complete collapse.
Cryptocurrencies can only be killed by the restrictions of various countries and their prohibition policies. But I think that in countries such as America and China, cryptocurrencies will develop successfully and the rest of the world, sooner or later, will still be forced to accept digital currency.
Cryptocurrencies can only be killed by the restrictions of various countries and their prohibition policies. But I think that in countries such as America and China, cryptocurrencies will develop successfully and the rest of the world, sooner or later, will still be forced to accept digital currency.
Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
Personally, I would prefer to keep all the coins I have so far and wait for even better times for the crypto world. In my opinion, this is just the beginning of the acceptance of crypto and the future will be even brighter.
As for the current bear market, this is a good opportunity for new additional investment as prices fall.
Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
I would have said you have weak hands but well it's your money and your choice, the bull run isn't over yet just so you know, you are the one that just panicked and sold off your crypto, not like it's bad to lock in on profits, but going out of the market just because of this little correction isn't wise, the bull run is still on and might even continue till the end of this year, bitcoin is still eyeing to break that $60k barrier, bullish and bearish seasons are both inevitable, I intend to hold my position till we start seeing some green again. now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
Fiat money is being printed left and right. I don't think the bull market is over. Unless you need the money for a purchase it will lose value if you keep it in fiat or try to save it in a bank account.
How can you lose Fiat value if someone keeps it in a bank? Isn't the value of each country's currency determined in the rules of each country? So how can the value just disappear without any other effect?So $10,000 in 1914 was worth the equivalent of $267,979 in 2021.
Savings interest is almost zero. So if you leave $10,000 in a savings account at a bank it will not grow much. And 3 years from now (2024) that $10,000 will not be able to buy as much as it can today (2021).
https://smartasset.com/investing/inflation-calculator#IL3f4hR6Vf
It is not a good idea to leave the markets when all investors look for new investment opportunities but I respect your decision. The market is still bullish and there is potential to test the new all-time high prices. I suggest holding a small marketcap altcoins and sell your altcoin portfolio when you come back to the crypto industry.
Given the OP's already gained experience in cryptocurrency investing, it certainly has an advantage over new users who are being added to the new cryptocurrency market by the millions. Therefore, I think it is wrong to leave the market for 3 years, because we are still in a bull market.
until now, my plan is still trying to collect crypto assets. Even though in 2024 the price is in line with what you think, but if you don't know what happened so far and are left uninformed, I think it will be useless. however, at the moment the conditions are also not completely dumps. in fact, I feel that during this vulnerable period of time, there is still plenty of time for us to do. however, I respect each person's strategy.
Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
I would have said you have weak hands but well it's your money and your choice, the bull run isn't over yet just so you know, you are the one that just panicked and sold off your crypto, not like it's bad to lock in on profits, but going out of the market just because of this little correction isn't wise, the bull run is still on and might even continue till the end of this year, bitcoin is still eyeing to break that $60k barrier, bullish and bearish seasons are both inevitable, I intend to hold my position till we start seeing some green again. now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
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Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
I am not sure if the bull market is gone as bitcoin can increase again and the altcoin season is not over. Many altcoins still try to lift the price slowly following of bitcoin price movement, so I think that we still have more time to see the altcoin season will come to the market. But that is your decision if you want to quit the crypto market and enjoy your profit. I am sure you can come back to the market anytime you want, but I hope you can be ready when you come back because I am sure the situation will not be the same.
Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
Why 2024? What made you so sure that things are going to be ok and profitable in 2024, if you are true Cryptocurrency investors and interested in making a profit you will not take a very long vacation, the market is very dynamic things can change in a matter of weeks, you can lose and you can make a profit within 24 hours to a week, Cryptocurrency is the most exciting investment market that is why it is institutions and big investors are coming in, there is a gold mine and you will miss it by taking a very long vacation.
And I don't think you can.
you are in hurry to declare the bear market even bear market is not confirmed yet I would say its only a market correction Its good to know you booked your profit and quit the trades or sell your holdings with profit and now you are expecting a huge bear trend but the market never behaves the same way year by year. 2024 is quite far and traders can not be away from the market for a long time they always find a way to make money.
Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
Fiat money is being printed left and right. I don't think the bull market is over. Unless you need the money for a purchase it will lose value if you keep it in fiat or try to save it in a bank account. now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
Guess you are new to crypto, this is not a full blown Bear market but more of a correction which is a normal thing with crypto and all the Bull run we have had in the past weeks so this is expected but if you look again from last night as am typing this post, BTC has been back up some parentage like 3.2% in the past 24HRS and I believe the market is still going to see some more gains towards the 2021 Dec.
Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
You don't know where the top is, but I can't help but to agree. Many that did their research know that price will crash one day, however for the bull run to end, it will need to first go into a parabolic trajectory. If this doesn't happen and the bull run just ended now, then the chart is off, and the reason is the 2019 bull run that shouldn't have been, but it happened because of the Chinese Ponzi schemes that were running wild during that year and made billions in Bitcoin purchases.
I am not going to tell you that you are wrong, and possible all the rest that tell you not to stop now, they are also right. Because price will very possibly rise again, but it won't be too far from the top. Even $100,000 will be just double from the previous ATH, while a year ago the potential was for ten times profit or 1000%. Now it is 1/10th of that. Remember to come back before 2024, sometime in mid 2023.
I think 3 years is too long, during this time may repeat the bull market several times and subsequently correct even higher, I would wait a year maximum.
It's not too long for him. I do believe if he has his own reason why he will be coming back again 3 years later. Some people who believe in the 4 year bullish cycle in crypto was always doing this thing. I personally called this as hibernate for them all. These people are only playing when crypto started to enter the bullish trend again.
I see some people are also retiring crypto on yearly basis and they will come back again next year.
If you think that's the best course of action you can take then good for you. I still planning to get involved into the current market since we don't really know whether the bearish gonna come or instead another bullrun considering how many things have changed ever since 2018.
I was also planning to put some of my investment to other coins that are kinda under the radar and seems profitable enough but low risk, therefore maybe it's gonna be a long time for me before quitting the market.
why don't you wait for the best price to be able to buy the current top asset and go out of the market? the market is showing a downward movement but it is still slow. buying now will definitely be detrimental even though the asset you choose is an asset that is less profitable at this time. just wait for the pump to finish and fill your bag with quality assets in the market. I was also planning to put some of my investment to other coins that are kinda under the radar and seems profitable enough but low risk, therefore maybe it's gonna be a long time for me before quitting the market.
If you think that's the best course of action you can take then good for you. I still planning to get involved into the current market since we don't really know whether the bearish gonna come or instead another bullrun considering how many things have changed ever since 2018.
I was also planning to put some of my investment to other coins that are kinda under the radar and seems profitable enough but low risk, therefore maybe it's gonna be a long time for me before quitting the market.
I was also planning to put some of my investment to other coins that are kinda under the radar and seems profitable enough but low risk, therefore maybe it's gonna be a long time for me before quitting the market.
It's your right to temporarily stop from the crypto world, especially if you've managed to get a profit. But 3 years of quitting is too long in my opinion,
you will miss a lot. Moreover, in 2024 you plan to bring in $ 10k in capital to invest in some potential coins, surely the price of the coins at that time is
very expensive. Why don't you buy $ 10k of potential coins this year and forget about it for 3 years. So when you look at it again in 2024 your coins
have increased many times.
you will miss a lot. Moreover, in 2024 you plan to bring in $ 10k in capital to invest in some potential coins, surely the price of the coins at that time is
very expensive. Why don't you buy $ 10k of potential coins this year and forget about it for 3 years. So when you look at it again in 2024 your coins
have increased many times.
I think 3 years is too long, during this time may repeat the bull market several times and subsequently correct even higher, I would wait a year maximum.
It's not too long for him. If it's his choice and i hope crypto will be bullish again and people will come again to the crypto. he was believing in the 4 year cycle on crypto but he forgot if crypto can't be dumped even deeper than before. There will always be a chance for crypto to go up anytime soon.
This is crypto and the development is always running anytime.
Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..
now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
Do things as you like because its your money after all but one things for sure that you dont even know on what the market looks like on year 2024 neither you would came back now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
but the market is on deep reds or bearish run.Who knows right? 3 years time would really be somewhat a long time not to engage into a market where you can potentially see lots
of possible opportunities that you can spot on specially when theres a chance to buy cheap coins or bitcoin itself.Its hard to resist on not to take involvement.
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