Topic: Is this the end of excitement - page 2. (Read 884 times)

Considering that bitcoin price movements have two directions - of course it is impossible for us to always expect it to move in only one direction. Prices will always fluctuate following news and market trends – so occasional price reversals may occur. If during this month the price of bitcoin corrects deeply, then in the next month we can expect recovery. The market is always working 24/7 - so of course prices will always fluctuate.

Happy days are coming soon - but I tend to expect them after the halving. Prices tend to move higher after halvings and that has been written in the price history so far. History repeating itself is of course uncertain - but so far ATH has always hit after the halving even when people doubted it.

In our market? Yes, this is definitely another correction that we have to face. And if the OP is really buying in decades, he should have learned it already, so he shouldn't question what is going on, instead, true investors know what's up with the market. And with years of experience, dip should be our friend, as we should learn by now that this is another perfect time to buy and accumulate, hence everyone should go and buy because this time might not come again. So I do believed that there is still excitement, in whatever market we are in. Bear market? no problem, buy and accumulate and HODL, Bull market? prices are going up, exciting times ahead, so we just wait and be patience and then sell at the top or when it is necessary.

There would really be those strong holders
There would really be those who are strong believers
There would really be those who are really that having trust
There would really be those who are really that having confidence

TOWARDS BITCOIN...

No matter what your views then other people doesnt really care. Lost excitement? Did observe something and with those changes?
Then it would really be just that depending on someones views and beliefs. It would really vary into each other person
and this is why it would really be better that you should really be wise on taking up your decisions.

Everyone's level of patience is different in any case, so this is still a reasonable thing to ask. Although what you say is also logical enough to be understood by people who have known Bitcoin for a long time and have been involved in it for a long time every year. I also think that at the moment a lot of people are waiting for the Bitcoin halving even though they were quite happy when they saw the approval of the Bitcoin ETF which in general has also caused a bit of turmoil in the crypto market with Bitcoin increasing temporarily

yeah, it's common to face corrections on the way up. Don't be disheartened.
The market is quite unpredictable and not in anyone's control. Just stay calm. Some view it as a chance to buy, while others anticipate BTC might drop further. We might revisit the levels before the previous bull run or experience a more substantial correction, as some suggest for a healthier market adjustment. Patience is crucial in such a volatile market.

Even though bitcoin's days of joy are still to begin, the OP is probably quite stressed by this downturn and doesn't have the patience to hold on any longer. even though if you have been involved in the crypto world for a long time, you certainly know the cycle that has occurred so far. There will not always be a downturn, but there will be an upturn that makes us regret selling it early. just need to be more patient and wait for the bull market.

If you have been involved with Bitcoin for more than 10 years, then you have been involved with Bitcoin for a long time. So asking such question in your case is not reasonable at all.  Bitcoin ETF Approval It is not very effective to increase the price of Bitcoin. Why are you so broke don't you know bitcoin halving is not long. Bitcoin halving will start Bitcoin bull run in few months so why are you so impatient. Wait very soon you will see the new Bitcoin ATH. Bitcoin Excitement Days Are Not Over Bitcoin Excitement is coming soon.

I don't know while most of you like to frame stories that is not legitimate to the forum, actually if you have been purchasing bitcoin on small scale over ten years time while didn't you show a proof, sometimes I don't believe on information without evidence because with proof we will understand what you are saying...because no matter how small is the bitcoin you have been purchasing over ten years now, it will grow to the point that you will be marvelous to sè the ratio, so bitcoin is increasing year by year and someone that purchase one thousand dollar what of bitcoin since 2013 by now the person have gotten a good difference

I think I will be discouraged from buying more assets but will leave the majority of the ones I had bought. It might not be as easy as you said it as it could be so scary and disheartening to see the once much-valued crypto assets depreciating in their thousands of dollars, people can barely hold their thoughts on this, but I advise them to just stop looking at the asset and concentrate on the belief that Bitcoin and altcoins would overcome the situation with time. What we see now is temporary which is why I know that it will get to a level where all will stop, and the good thing is that they will never reach the low of last year again, never. This a good means for us to be happy, particularly those who are privileged to buy their coins/tokens early enough.

But at this time, anyone who wants to liquidate their asset may do so without feeling bad or believing they made a mistake, that will be smart if they do not have the mindset to hold further, they will not still miss out but are preserving their asset from much deprecation. And over time, they can resume the buying again which is a wise decision for me. ETF distorted the crypto market since last year, we should never have thought that it would be like before, but thankfully, we have the trading chart as our guide, and it will help us to make some good and well-informed decisions in real-time if used correctly.

Oh OP, you don't have to lie and make up stories, you know? If you've been buying for over ten years now, I've no doubt you should be a millionaire at least. Buying even $100 in the entire 2014-2016 would have easily set you up for a windfall and I'm sure a monthly DCA would have taken you far higher.

If you've been here this long and wondering if this is the end... you've not been paying attention.

I think it will keep growing, think of bitcoin as like a bow and arrow, you have to draw it first a little behind, before you can let it go, if you show someone the starting point of the arrow and then you draw it, they will think that arrow will go back, but we all know that it can go back only so much, there is a limit to that, but then it will go multiple times further ahead.

This is where we are right now, people saw coming from 48k to 40k so they think that it will go down, but we know that it can go down only for a bit, it can't go down too much, not specially during the halving era, so it will go up a lot more given enough time, and we should be focusing on that part a bit more, it will make it a lot more profitable to be patient.

Now the price of Bitcoin is below $40K, which means the price decline is quite large, although not so deep compared to the highest price reached this month. And things like this can certainly not only cause boredom for market players, but can also cause a bit of panic among market players who are just starting out. Meanwhile, for investors and old traders who are used to such conditions, of course they will see this as the best opportunity to buy again before the halving arrives.

Yes I believe that the reversal will happen before the halving, but just today BTC has decreased and hit support at $39k, and now is at the $38k level, it may have the potential to plunge even deeper.

It seems that with the market red, waiting for the halving feels very long, I myself am quite mentally affected because this decline is enough to make me sad, even so we must continue to believe and maybe we better increase the supply of bitcoin that is owned before the halving, it is the best decision because there will be few people who buy when the market is red like now. Bitcoin ETFs make everyone happy, but today they may look sad especially those who are new to investing in bitcoin.

Your mindset is wrong. It's just a shame that you have been buying Bitcoin for 10 years, and yet you don't know how the market moves whenever a big event happens.

You think that an acceptance of a Spot Bitcoin and ETF will push Bitcoin up to it's ATH? You think it will happen in an instant. Just so you know, harvening or "halvening" I would assume isn't done yet. It can happen somewhere around April base on the calculations. To answer your question, yes the huge fluctuations is now gone, and it's because the market cap is now higher thanks to the investors who are investing more on Bitcoin. More market cap = lower price fluctuations.

You are expecting that what happened in the past years will also happen this time. It's not 2017 or 2018 or 2019 anymore.

It seems to be heading too but it's not certain because the market hasn't shown a hard and deep crash. However, I think conditions like this also create boredom for market players who have bought before, as you also mean. Yes. At least we can learn from the market that it is still demand that causes prices to rise. In essence, currently fresh funds are talking.

The volatility that Bitcoin was famous for, I think that volatility is no longer seen as such, but rather a boring condition in the market. There is no doubt that its price will rise again, as the next halving is near, but now I don't think we will see such huge pumps like we used to see before ETF approval. There is no denying that the price of Bitcoin does not always stay at one place, but the speed at which the price of Bitcoin was increasing is now slowing down.

Although everyone thought that a huge pump would be seen in Bitcoin after the ETF approval, but even after the approval, nothing like that was seen. However, it can be hoped that its price may increase slowly, but now institutional investors who have invested in it, now it is not difficult for them to dump or pump Bitcoin from anywhere. I think the approval of ETF is not good for the value of Bitcoin.

Bitcoin price will rise again.  Bitcoin doesn't always stay in one place. The price of Bitcoin goes up and down. At some point, it will be seen that Bitcoin has pumped a lot.Bitcoin never stays at one price.  I think bitcoin will pump big again.you can wait  Bitcoin will pump big again.  Because until today the price of Bitcoin was not stable.  Once the pump dumps again.  But this time it was dumped once in a while but now it has been pumped up again.  I hope to have a big pump at some point.

I think it was only temporary and the FoMo caused by the ETF again showed a weak resistance point at the high price increase of the previous week. If this impact can occur in the long term then the uniqueness of Bitcoin will no longer be the same and I think it will never happen at any time. This only applies to the short term and we have also seen several events in the market process, both for increases and decreases in prices every time there is an event that influences it.

Currently the price tends to move in the highest range of $43k to $47k and corrects again at $41k to stay for a while. I see that in February or March there will be a positive movement even though there is a correction as usual and hopefully it can last for a slightly longer period of time before heading to ATH. Moments like this will usually make the price last a little longer below its support.

Whatever market influence occurs in the current decline in market prices, never disturb your concentration on holding assets until the ATH target in the future, I think the market is still in normal condition after every significant increase occurs and we just have to wait and see the market will recover soon after the movement the market is normal.

Based on the analysis, high recovery will occur before the halving because there are many supporting factors that allow market increases to occur before the halving and ensure that ETF approval support will not change because it will affect market conditions during the halving period.

if you bought bitcoin in 2013, how could you say it was a small amount, the price of bitcoin in 2013 was not even 200$ right?.
I think you already hold quite a lot of bitcoin, even if you hold 10 pieces then the value is now more than 400k$.
I think the bitcoin euphoria will still continue but it depends on the market situation and the news, so every time there will be news to make bitcoin excited as you said.