I actually remember Feb. 2017 very well and I actually also was looking to sell some Bitcoin if it broke the previous ATH which was like $1100-1200 or so.
Reason why was because everybody was bullish about that Winklevoss ETF and they were 99% sure it was approved and everyone was buying. But I sold some right before the decision knowing that there is a chance it won’t be approved and I’ll go down to like $800 again.
Well it wasn’t approved and Bitcoin did go down but a few weeks later it broke the ATH anyways. And the rest is history.
Topic: Get ready to SODL - page 2. (Read 1718 times)
I am not the person you replied, but my "hopes" for 100k is this year. It all depends on one hyped run or not. If we have that then 100k is not that difficult. Remember all those periods where we moved between 3-4k range to 7-8k range, that happened multiple times. Even if we do not see this the same thing, we could literally just do x2.5 and thats not too much for crypto at all. This is why I do not really see 100k as "impossible". In that case we could have 200k+ in 2023 and during next cycle have 400k. I am not saying that "will" happen, these are all just made up predictions and guesses, definitely doesn't mean I will be right, so do not assume I am backing them up with data or confidence or anything.
Yes I also still remember all the different price increases that occur every year.
And I also see the price difference increases in October every year, almost 2x from the previous year and our hope to touch 100k will definitely happen but next year maybe.
To go back up to the price of only 60k people are very grateful.
I am not the person you replied, but my "hopes" for 100k is this year. It all depends on one hyped run or not. If we have that then 100k is not that difficult. Remember all those periods where we moved between 3-4k range to 7-8k range, that happened multiple times. Even if we do not see this the same thing, we could literally just do x2.5 and thats not too much for crypto at all. This is why I do not really see 100k as "impossible". In that case we could have 200k+ in 2023 and during next cycle have 400k. I am not saying that "will" happen, these are all just made up predictions and guesses, definitely doesn't mean I will be right, so do not assume I am backing them up with data or confidence or anything.
$100,000? that's a conservative estimates, I will be putting it at $200,000 a pop and that is the middle ground price for me.
Wait, wait, wait. I mean, everyone has 100k at some point. Even I do. But what exactly are we talking about here or rather, when? My optimist self says 6-digit USD value is only a matter of time, but that first instance should not be earlier than next halving. Even if people start pricing that in early that means next year.
But you just said 400k is next cycle's low. So when exactly are you calling 100k ... Bearing in mind that for you is conservative?
P.S. Will be very happy if you prove right, don't get me wrong
If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . 
How about a good correction in price if the ETF is not approved,do you think it is possible. this aged well
my initial post as well (but it was about profit taking, not long-term outlook). glad I bought more during the dip.
To have the opportunity to buy the DIP, DCA under $400, and actually build enough wealth for retirement. I salute you ser. I hope we plebs won’t be plebs for long.
Quote
2014: '#Bitcoin falls to $400'
2018: '#Bitcoin falls to $4,000'
2022: '#Bitcoin falls to $40,000'
https://twitter.com/documentingbtc/status/1489337991986356226
It’s the same during every cycle. FUD Bitcoin under $400,000 during the next cycle? It might be HOPIUM because of the law of diminishing returns, but I’m confident Bitcoin will be valued at least $100,000 per coin.
Hahaha, I like that tweet, why not though? it's obvious isn't it, the pattern is there, $400,000 will be the next cycle's lowest low, so just imagine what will be the the all time high in the future?
$100,000? that's a conservative estimates, I will be putting it at $200,000 a pop and that is the middle ground price for me.
Time for another round of profit taking if we hit 1200$.
very suitable profit taking, but in the future it will probably be much bigger, the resistance is also smaller for the current return of profits, the last one I know is above $1200, if you don't hurry it might get even stronger, because some others will also go up, if you don't hurry market resistance is back on the normal path, not the time now, because in the future it will be much higher, be patient?So probably that OP is one of those investors that too good to be true when there's a good profits already. I mean sell high and buy low again in short term only.
on getting big profits just because we had sold our coins earlier but doesnt mean that it would really be late on buying cheaper prices once again.Also, profit is profit and you shouldnt look
back because it would really just stress you out on minding that you should have earned big if you havent done those mistakes.So better move on and aim for your goal as always.
There will always be people who are willing to sell for what they feel it is risky to hold, and I am fine with that. If people hold bitcoin forever without ever selling it, they would be losing a ton of money, and we should not be in support of that, the price of bitcoin would never go low if that was the case.
The reality is that we should be happy about these people, if they keep on selling then there is a chance we could buy crypto for cheap, I see this as others loss, and my gain. Let them sell as much as they possibly can, I just wish I could buy bitcoin at under 10k again, I would be so happy if that happened. It would take us back for years and would take years to come back but I have time, or at least I hope I have time (you never know what may happen tomorrow) and that way I could buy cheap and wait for a decade if I have to make insane profits.
The reality is that we should be happy about these people, if they keep on selling then there is a chance we could buy crypto for cheap, I see this as others loss, and my gain. Let them sell as much as they possibly can, I just wish I could buy bitcoin at under 10k again, I would be so happy if that happened. It would take us back for years and would take years to come back but I have time, or at least I hope I have time (you never know what may happen tomorrow) and that way I could buy cheap and wait for a decade if I have to make insane profits.
Time for another round of profit taking if we hit 1200$.
very suitable profit taking, but in the future it will probably be much bigger, the resistance is also smaller for the current return of profits, the last one I know is above $1200, if you don't hurry it might get even stronger, because some others will also go up, if you don't hurry market resistance is back on the normal path, not the time now, because in the future it will be much higher, be patient?So probably that OP is one of those investors that too good to be true when there's a good profits already. I mean sell high and buy low again in short term only.
Time for another round of profit taking if we hit 1200$.
very suitable profit taking, but in the future it will probably be much bigger, the resistance is also smaller for the current return of profits, the last one I know is above $1200, if you don't hurry it might get even stronger, because some others will also go up, if you don't hurry market resistance is back on the normal path, not the time now, because in the future it will be much higher, be patient? 
If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . How about a good correction in price if the ETF is not approved,do you think it is possible. this aged well
my initial post as well (but it was about profit taking, not long-term outlook). glad I bought more during the dip.
To have the opportunity to buy the DIP, DCA under $400, and actually build enough wealth for retirement. I salute you ser. I hope we plebs won’t be plebs for long.
Quote
2014: '#Bitcoin falls to $400'
2018: '#Bitcoin falls to $4,000'
2022: '#Bitcoin falls to $40,000'
https://twitter.com/documentingbtc/status/1489337991986356226
It’s the same during every cycle. FUD Bitcoin under $400,000 during the next cycle? It might be HOPIUM because of the law of diminishing returns, but I’m confident Bitcoin will be valued at least $100,000 per coin.
If it's true that the bitcoin price cycle is always different every 4 years, most likely the next 4 years the bitcoin price will also pass the $100,000 price because of the difference now with 2014 and 2018.
Even though it takes our patience to wait for the price, but I'm sure the price of bitcoin will shine again after this dark disappears.
But I get your point here, you are testing them on how to become strong and manage to face the crisis. If they will sell their crypto, some investors went happy and you are helping them any way.
What crisis do you mean exactly ? You talking about the Russia and Ukraine stuff ? That isn't a crisis yet.
And if you are talking about cryptocurrency bearish situation, that should not be referred to as crisis, it is normal. Except newbies that may not understand it yet and this will also be there experience. The price is not stable, it is a fluctuating asset . We only take advantage of what it present, sell when price is high and buy when price is low.
From another standpoint, the surges and the DIPs are part of Bitcoin’s bull/bear cycles. When someone is looking at the historical price, or a zoomed out Bitcoin chart, he/she merely sees the market and its behavior, not the reason why the surges, or the crashes happened.
But I get your point here, you are testing them on how to become strong and manage to face the crisis. If they will sell their crypto, some investors went happy and you are helping them any way.
What crisis do you mean exactly ? You talking about the Russia and Ukraine stuff ? That isn't a crisis yet.
And if you are talking about cryptocurrency bearish situation, that should not be referred to as crisis, it is normal. Except newbies that may not understand it yet and this will also be there experience. The price is not stable, it is a fluctuating asset . We only take advantage of what it present, sell when price is high and buy when price is low.
Time for another round of profit taking if we hit 1200$.
You are trying to fool people into becoming hopeless which I believe that $1,200 is not possible. But I get your point here, you are testing them on how to become strong and manage to face the crisis. If they will sell their crypto, some investors went happy and you are helping them any way. Well, I'm also preparing for that moment comes, I have a plan to buy more. Every dip seems like an opportunity to buy, so I just let people make decisions to sell their coins and take advantage of the market.
If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . How about a good correction in price if the ETF is not approved,do you think it is possible. this aged well
my initial post as well (but it was about profit taking, not long-term outlook). glad I bought more during the dip.
To have the opportunity to buy the DIP, DCA under $400, and actually build enough wealth for retirement. I salute you ser. I hope we plebs won’t be plebs for long.
Quote
2014: '#Bitcoin falls to $400'
2018: '#Bitcoin falls to $4,000'
2022: '#Bitcoin falls to $40,000'
https://twitter.com/documentingbtc/status/1489337991986356226
It’s the same during every cycle. FUD Bitcoin under $400,000 during the next cycle? It might be HOPIUM because of the law of diminishing returns, but I’m confident Bitcoin will be valued at least $100,000 per coin.
I hope you will buy more in this dip as well. I haven't seen Bitcoin this oversold since the 2020 covid crash. It's actually funny that markets are reacting with such fear to Putin's provocation. It barely has anything to do with decentralization and cryptocurrencies. If anything happens they are going to become more important to people fleeing the conflict zones and those who will try to get their unstable currencies into something safer that can't be stolen by soldiers or the police. I'd say the government stealing from protesters in Canada and threatening to take their children and pets if they don't comply is insane and if it doesn't make people seek decentralization, nothing will.
If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . How about a good correction in price if the ETF is not approved,do you think it is possible. this aged well
my initial post as well (but it was about profit taking, not long-term outlook). glad I bought more during the dip.
If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . How about a good correction in price if the ETF is not approved,do you think it is possible. It's because if investors buy the etf enough they will have to start purchasing more bitcoin to cover the shares of the etf.
Well I can agree with OP it might be already time to sold and get profit again since I know that many of us will sell when 1200$ is touched again especially if the new all time high higher than mt. gox ath is reached. Im sure we might go under sub 1000$ again but there is a probability that we might never see those prices again but before buying again let's wait to get more and more profit.
If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . How about a good correction in price if the ETF is not approved,do you think it is possible. $10k is truly far from major expectations. But for sure when ETF will be approved there would be price hike, seemingly $2k is close and realistic.
As of now, it looks like many don't want to sell and looks for higher price or just waiting for the result of ETF.
I don't know if I'll sold after whatever will be the result of ETF.
If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . How about a good correction in price if the ETF is not approved,do you think it is possible. Jump to: