The Bull run - page 3. | Bitcointalksearch.org

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legendary

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Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I thought this year was supposed to be the almighty bull run year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.

The year of the halving has never had a full bullrun before, it always takes 15-18 months before the price really starts climbing and altcoins start pumping with it. Before making a purchase you should always do your research and set realistic expectations of the market.

Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I was happy to buy some coins earlier this year with the hope that when the bull run comes every four years I will surely smile only for me to be discover that my investments are going down drastically. I regret taking that decision of buying, because if I'm to withdraw now I'm getting less than what I invested.

You bought at the wrong time without proper research. Even if we go with the four year rule, the last bull run was in 2022, you should have been expecting to hold for at most 2 more years before you can sell.

Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.

The bullrun hasn't come and gone. We reached an ATH before the halving but there's still lots of room for the price to increase and possibly go over $100k in this cycle.
What coin did you buy?

Stalker22

legendary

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Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

~
I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.

Well, I wont touch the phone mining bit since thats not really about Bitcoin. But on the investing side, it seems like you jumped into trading without knowing much about the market or assets and you get FOMO, so you bought high hoping to sell even higher. That usually does not end well.

Now your portfolios red and your hands are getting shaky. Been there myself! But freaking out wont help - better to learn from this so next time you can make some green.

First tip is figure out why those coins actually have value in the first place. Dont just throw money around because some dude on Youtube said to. Gotta educate yourself on the projects, the tech, the teams behind them.

Second is know your risk tolerance. Maybe you can stomach a 70% drop and still diamond hand. Maybe 10% losses make you wanna rage quit. Both are fine, just be real with yourself.

By the way, who told you that the bull run has come and gone? No one can know that.

Dunamisx

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Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.

Life is very easy and i will advice that you shouldn't put in your mind on all these token tapping of a thing because not all will be rewarding, some of them are total waste of time and you don't have to take it as serious as what you have invested with your own money or earn through any of your quality service delivery and be rewarded for that.

Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I thought this year was supposed to be the almighty bull run year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.

Still expect for that to come in more days or months ahead, we aren't done with the bullrun season yet, even though the market may appear bearish and many alts projects were coming out.

Hatchy

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Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.

It's not yet time to give up on your Bitcoin investment as we haven't gotten near to the bull run. What we experienced couple of months this year wasn't actually the bull. So we should be expecting it soon just continue your accumulation. Don't invest in Bitcoin when you don't have a sustainable source of income. This will prevent you from eating up your investment before making profit. Just be patient and keep buying. As for those coins you are mining on your smartphone, they are airdrops where you perform task to get some free coins. Don't put much hopes on them. Even though we saw how some have been making cryptocurrency look so simple, it isn't actually that simple. Mining requires energy and cost. And it baffles me when I hear people claim to be mining cryptocurrency on their Phones.

Outhue

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Do you know what the disbelief phase looks like? Do your own research on this first, many people always feel disappointed about Bitcoin price action after every BTC halving, we are in another round right now I believe.

Tapping your screen isn't real mining, using a specific hardware to mine coins or Bitcoin is the real definition of mining, what you are doing now is claiming some tokens by tapping your screen, to me its like cloud mining, its not using any hardware resources, like your phone CPU or GPU, so it is not qualified to be called a crypto mining.

Buckle up though, the real pain is still likely to happen, where Bitcoin could still go down more, and many investors will get pissed, many will walk away soon, it has always been this way.

Asiska02

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Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.

You are just tapping on your screen to gather points and not even the tokens you’ve been promised to be given. This is not mining and this is not how mining is done. You’ll definitely consume a lot of data because those activities require you to be active online always to gather a lot of points. If you feel it’s a gate through to make it out of crypto and as well ready for the disappointment it will come with, go in with it, but if not, stay away from it and engage in something more active so that you don’t end up in disappointment.

Quote

I thought this year was supposed to be the almighty bull run year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.
I was happy to buy some coins earlier this year with the hope that when the bull run comes every four years I will surely smile only for me to be discover that my investments are going down drastically. I regret taking that decision of buying, because if I'm to withdraw now I'm getting less than what I invested.
I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.

This year been the year of bull run was never a certainty, it was just base on past events and how people foresee the market of what they’ll become in the future. The year is just halfway, if the bull run will take place this year, there’s still enough time for it to happen again. Those coins you’ve bought earlier was a good idea, you’re now left to hold on to them with much patience and enthusiasm because the bull market is not yet upon us and no one can tell exactly when it’ll come. Keep holding, and keep your enthusiasm high and know that better days are ahead for all crypto holders.

mk4

legendary

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Ask yourself first — do you actually know what you're doing or are you just buying random crap and hoping it goes up? Because knowing that you're actually "mining" those "phone mining" trash, you're probably clueless about this industry. And yea, those words are harsh but you need to hear them. Like 99% of people, you're better off just buying majors — BTC and ETH.

libert19

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Bitcoin reaches peak around 1 year after the halving, so bull run is yet to come, so just hold your investments for little longer.

Regarding you mining something (why not mention name?) on your phone, two things come to my mind; Hamster Kombat which is already mentioned and other is Pie, both are equally useless, and you should expect nothing.

stompix

legendary

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Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone

You can't reasonably mine any coin including altcoins with your smartphone, what you're doing is wasting your time and clearing faucets, getting drops, and so on, and the fact that it consumes a lot of data makes me think they are asking you to install a lot of shit and see tons of ads also!
You're better off getting a job instead of waiting your time with that!

Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I was happy to buy some coins earlier this year with the hope that when the bull run comes every four years I will surely smile only for me to be discover that my investments are going down drastically. ~
I don't know if there is hope for my investments since bull run has come and gone.

Well, this has nothing to do with mining but as you pictured it you bought at the top in a bull market thinking it would go like this forever. Now if you don't want to sell and take a loss there is a single thing you can do and wait for another price rise, as when that will be, there is no crystal ball for it.

Findingnemo

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Quote from: Nangiconference on July 05, 2024, 11:36:52 AM

I wonder what they do as I have been actively mining this new coins

First of all, you are not mining, you are just tapping your mobile screen, and second of all these are not coins these are just tokens.

I know this hype went over the roof after the Notcoin now there is something called "Hmaster Kombat', but trust me you are just wasting your time by tapping the screen and this is not really the mining.

If you want to make money then just buy bitcoin and HODL it for years instead of falling for these shitcoins.

Nangiconference

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I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.
I thought this year was supposed to be the almighty bull run year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.
I was happy to buy some coins earlier this year with the hope that when the bull run comes every four years I will surely smile only for me to be discover that my investments are going down drastically. I regret taking that decision of buying, because if I'm to withdraw now I'm getting less than what I invested.
I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.

Topic: The Bull run - page 3. (Read 503 times)