Topic: Is this the end of excitement - page 4. (Read 944 times)

I think I will also be the same as your thoughts, I also will not think too much about it because I feel that it is all a very rare and unique luck to explain. Because I think various stories are real or not it depends on the person who believes in it. I don't think it's something to be told but to be enjoyed. Whether other people believe it or not I don't really care.

wow , so meaning you have plenty of bitcoin now as that runs for 10 years? you have done buying higher and higher because 10 years will surely developed you trust in this currency and this will give you a chance to be richer than many of us/
10 years ? if  I am you mate I must have thousand of bitcoin already because price of bitcoin when you starts buying is just few bucks and even a hundred .

If you consistently buy Bitcoin for 10 years, even in small amounts, you should now have many multiple profits, because the price of Bitcoin 10 years ago until now has experienced several increases.  Hard to believe, maybe this is just bullshit.  Someone who has consistently invested in Bitcoin for 10 years should be able to feel joy if the assets they have saved are still there today.

Your strategy of gradually buying Bitcoin over the long term is a solid approach. Many anticipated that the approval of a Bitcoin ETF would lead to a surge in value and new all-time highs. However, perhaps it's a matter of time for this new market to build trust in Bitcoin. It is, after all, a novel and relatively unexplored financial asset for many. I would wait a bit longer, it seems that we might witness new all-time highs in the near future.

If you bought a lot of bitcoin 10 years ago now you are very rich. if you don't buy a lot, your profits are already large and many.
because the price of bitcoin 10 years ago was around under 1000 dollars. this is now over 42k dollars. this means youre profit 42x. not only 3-5 x as you wrote.

People here and there need to learn about patience. Investing in Bitcoin is like any investment, you have to wait until you get the return of investment then the gain will come eventually. Richest businessmen that started from scratch had to wait long time before getting rich. Same goes for Bitcoin, not a single event, like ETF approval or the halving, will drive the price to the moon...

The OP has been a member of this forum since the beginning of 2014 and that's when he wrote his first post and it is quite possible that he has been investing in Bitcoin since then, but it seems that he missed the big bull runs during 2017 and 2021, or maybe he was convinced that the approval of this ETF would do wonders for the price of BTC.

I personally think that the OP is one of those whose attention is drawn to Bitcoin by some positive news, and maybe sometimes years go by without any insight into what is actually happening. We should not be surprised that Bitcoin is a completely secondary matter for some.

Maybe OPs level of vocabularies such as the spelling nature of  Harvening" instead of "Halving" shouldn't be considered the bone of contentions. He/she might be faced with the difficulties to communicate fluently with the use of English language rather, should have a point of contact towards the contexts of the thread.

However, my concern about the OPs worries and panics about the increment rates of Bitcoin via the approval of the ETH by the appreciatable volatility strengths of Bitcoin is quite awful at considering the period of time he/she had been in this Bitcoin industry.
I don't expect him to be an expertised Bitcoin predictional but rather should had developed the easing aids about the potential volatility system of the Bitcoins marketing prices by experienced because to my best of knowledge, Bitcoin has never deviated from its potentials due to the fact that it is a reputable firm. So, @ OP, keep hodling of your Bitcoin assets while exercising patient for the days of your expectations comes. I don't think anyone would give a definite and accurate solution to your urges about the ETF approval other than the best solution is... Patient which is the key if an investor must make it prosperously in this Bitcoin industrious space.

ETF approval gives those big institution capacity to buy bitcoin but that does not mean they are buying right away.
it may take time before finally felt in the market so lets wait a while.
maybe he is just concern about his potential profit or he expect much this time around but cannot keep the waiting longer.

If this story is true, you wouldn't have been bothered about the current price of bitcoin. Someone has been into Bitcoin for over 10 years must have witnessed upto 3 halvings and bull runs. So, if people like me are worried, you are supposed to be the one to calm me that all is will be fine and not you bothering about the bitcoin price.

While market novice have thought that the price will skyrocket immediately ETF is approved, experts know that the market needs time to set for the upwards trend. Believe me that it's gonna be massive when it starts. Also like halving and bull run, some novice will also think that on the day of halving will bull run start.

The excitement days have just started.

That is also what I am pointing in my first post mate because how could a 10 years Bitcoin investor/holder will even post something like he never understand because if you have been here from those years you will continuously get amazed of how much Bitcoin is increasing year after year and this is not how behavior the true  old timer in this market.

But the OP is talking about large price fluctuations and for him to say that at the gates of a bull market, when he says he has been buying Bitcoin for 10 years is to be laughed at. Of course big price fluctuations will come, the only thing is that he has to wait. That they will not be as spectacular as in the first cycles? We already know that. The thing is that he had overestimated the effect that the approval of spot EFTs could have on the price, which was already largely discounted (the effect occurred before they were approved).

Just take a look to the market cap of bitcoin and you will get the answers that you need, bitcoin is no longer a project that can register that kind of growth due to the enormous size of its market cap.

So it is not as if bitcoin became boring according to your own words, it is just that those days are over, bitcoin can still grow, but its growth is not going to be anywhere near your expectations, so you either change your expectations or invest in another asset if you are not willing to do this.

Halving is not yet happening so there's still an event to look forward to for the price to soar high. Just because ETF approval did happened doesn't necessarily mean the price will skyrocket already. There's a time for it and we as an investors needs to become patient in order to witness the next bull run.

If you're a long investor for real, you won't question why the price is not what you expected it to be despite of the good news surrounding crypto as a whole. Just wait because we will get there. Since you are accumulating Bitcoin for years (as you've said), you should know this better.

Blackstar is very current with things because I never noticed that point where that member mentioned that bit now that Blackstar pointed that out I was able to spot that phrase and statement which conveys a lot of discrepancy and is untrue because none of the OG will be asking such a newbie question since 19 years down the line he has been active and has experienced a lot of things along the line mostly from Bitcoin volatility.


No old timers can be free to ask such question because of their lack of experience in the market, but when someone who has been around or claimed to be around all through the Bitcoin journey still asking as what next with Bitcoin price is something that is totally out of context.

Volatility is usually not great for investments. If you want Bitcoin to go up 3x in value really quickly then you should also be prepared to possibly lose 90% of what you invested. If we saw the kind of fluctuations that were typical in the early days then it would have never reached the point of even being considered for an ETF. It would look like Bitcoin was only a pump and dump.

If Bitcoin is going to reach a new all time high then it needs greater use beyond just speculating on the price. It will reach a new ATH eventually but we need to be patient enough to allow for gradual adoption.

He could be saying something totally true just it would be via faucet collection and very small amounts.   Thats totally fine, little amounts of BTC over time will be still be good I wish I held far more then I did.   I look at markets every day and still get confused.  Some really really dont look at prices or graphs that much so such actions continuing or not will remain more of a mystery;  I reckon the majority are reliant on news stories which tends to be reactionary.  

Nope its not over, I'll go out on a limb and say the days of BTC gaining 10k in one day arent over.  It can happen its just the market is more developed now, you have people doing all kinds of adjustments to the price to utilize this volatility.   Of course when I say we can gain 10k I do also mean BTC will lose 10k in one day too.   Because days arent fixed in BTC we could be down 10k in mid afternoon and appear to close the day neutral, the volatility itself is a bull market and I would describe that for the whole market entire just BTC is part of that and noted as well capable of exceeding most of other assets in volatility.
  If I think the world overall is becoming more volatile it would be quite a disparity to believe BTC has become now more boring inversely.  That'd be great praise actually and if you find something solid in a storm, its useful so I mean no negative if I were to say BTC stayed the same price the whole year I just dont believe it.   Same answer for anyone who thinks BTC will just gain now because we got the ETF and halvening this year, I dont believe it for a second;  not expecting we will have negatives is just saying you wont be looking when you get knocked off your feet.  Be ready for BTC not to be boring it will be more profitable to stay realistic and expect waves of instability to be apparent far more then now.

How valid is your statement about this - I really doubt its validity.

An early investor who has been buying bitcoin and accumulating it for 10 years straight would not be asking what's next on many people who may be just starting their journey in bitcoin. It's really unfair for you if all your stories are true - but you should be able to tell us how your experience was in maintaining the psychology of being a holder for that long and not selling your bitcoin at ATH 2021.

Big players would really be always having that kind of counteract basing up on what the masses is really that anticipating.They wont really be tending to get inline into those kind of expectations considering that people are already making up some long positions basing up on ETF approval on which its normal for us to anticipate positive things. Remember on how many had been liquidated with that recent X.com account of Gensler?
It was really that purely manipulative but there's nothing we can do with that. No one expecting with that kind of scenario on which this is something that you should really be baring up in mind is on which
the market could really be making out those kind of movements or actions without being known or something can we called to be that totally unpredictable.

There's no way that we could really be able to know on where it would be going or what are the things that would really gonna happen. This is why it would be always best that you should really expect the unexpected
as always because this is how this market works and how it do behaves. Anticipations on something or being that too advanced on a common sense manner doesnt really goes up that way most of the time.

You're right. It is getting interesting, after the approval of Bitcoin ETF, everyone expects a significant increase of Bitcoin price. But what is happening in the market, the Bitcoin price was decreasing a lot. Bitcoin could passed $48k but it dropped again to $41k, people must feel very surprised to see this fact. Well, what we see is the opposite of people's hope, it is a dump. However, for the long run, I'm very sure that the Bitcoin approval will bring very positive impacts for crypto and Bitcoin future. I think it will strengthen the power of Bitcoin halving to raise Bitcoin price. In the next few months after Bitcoin halving, Bitcoin price may really reach $100k.