Things will always work out differently

shinratensei_

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same?

They were getting fooled by big guys on twitter who keep saying that if the trend will always be the same and 4 year cycle will always happen. So many institutional investors have been joining in this market and crypto can't be manipulated easily like what happened in a few years ago. Sometimes the guy who believed with 4 year cycle was facing huge losses. That's why he believe if the dump will be just temporary but he forgot if crypto is unpredictable. Bunch of expert traders failed to predict the direction of cryptocurrency right now.

I do believe some people may still tell you if the chart looks like the same with 4 year cycle that happened in 2017. They never learn from the market. TA was not everything. There was also FA that can change the situation anytime.

bitzizzix

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Logically, if it happens again, that means most people saying the market is difficult or unpredictable is a lie, because if we equate and rate the charts for 2017 or whatever the reason will be the same as 2021.
Why should we make another choice if history will repeat itself and effective for 4 years will get good returns, just invest for 4 years because it will definitely be profitable and if true everyone will race to do it because Markets are predictable.

should not rely too much on history because everything is moving forward and there will be changes from year to year with different circumstances.

josephdd1

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It is laid in Technical analysis that the market is cyclical and everything is repeated. There are different patterns that traders find on charts and then use them to make a decision. If it wasn't work at all, there wouldn't be so many people who trade and make money on it so I can't agree that everything works differently every time, but that's right that the situation is always different and the general situation is also important.

Nahl

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It is true that the chart not same and the situations will probably different too from the previous bullish 4 years ago but admitted it or not until today some people still confident with their predictions and always compairing those situations for the reference of new peak which should be happened this month but nothing wrong with it because I personally hoping those predictions will correct that we will see new peak reached before 2022

sitbang

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if comparing last year's chart with this year is very much different and very difficult to predict the future of the market, I see lately this year is almost the same as the 2017 movement chart. Hopefully it can be repeated again

indah rezqi

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Comparing the 2017 bull chart with the 2021 chart is very different. Mystery not only for the current time, but for next year is still a mystery that can not be guessed how the graphics will appear. Everyone hopes that December to next year will be favorable. Let's just enjoy.

V-t.Ester

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TA of graphics gives some info about possible future growth/falls of crypto. Traders usually observe similar situations that repeat in some period of time. However those periods are not one year periods. On graphics you can see that after every jump, there is a correction and then again the growth. Sure only good analytics, who everytime monitor the market, news, twitter, all exchanges, futures, etc or just lucky traders can make more precise conclusions when will be jump or falling of the market. For all the others it’s always a huge stress. What is more, looking on graphics you can find out that after halving BTC makes a huge jump and never again falls down on the previous level. Just examine the end of 2017 - beginning of 2018 year and end of 2020 – beginning of 2021 year. They are similar but not the same. So there is a possibility that during the next halving, we will also see similar situation (but another prices of course). But definitely, "similar" doesn't means "the same".

kaya11

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

They have their own perceptions and history is what makes us right now. History will repeat itself and there is a possibility BTC will also repeat it's momentum way back 2017, or maybe not. We can't really know and we also can't blame them for relying on history and charts. There is much to learn and there are millions of possibilities and we all have our own beliefs, it's we who chose who we follow. I guessed it's better than the people who did nothing 4 years ago and still does nothing at all in the meantime.

bosede1

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I know things cannot follow the same pattern but at least to some extend we have trends it follows even people that are forecasting weather make report of things they have equipment for not to talk about Crypto world.

BIT-BENDER

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

I have always not believed in bull, bear, price prediction, as I haven't believed in Influencers, bounty shill and even expert shilling. But I do believe in research rather than hoping on whatever happens, I think curiousity about things has gotten me thus far although I have bagged some L's but they were big wins in the essence of the gained knowledge, so never leave you Crypto investment or involvements to chance, the ratio of you losing is more and less when you actually research.

takngantuk

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

You're wrong, because everything keeps repeating but on a different scale. there is nothing wrong, if anyone compares the current chart with the past chart. it makes a lot of sense, because the market always faces recurring situations. But I also agree with you, that December is still a mystery. there is no certainty about what will happen to the crypto market in the future.

danherbias07

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It's a mystery just like how you said it. So the past may also happen in the future. Remember, it's not over yet. There will be lots of November and December before the end of the world where other Bitcoin supporters would use the same analogy over and over again.
Well, you could just stay optimistic with what they analyze and use it to strengthen your other beliefs. Nobody tells to believe it, they are all mere predictions and that should stay that way.
Bitcoin will always be volatile and it keeps on making us remember that every time a dump happens.

Refrumatrix

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$CYBERCASH METAVERSE

The few YouTubers that are bold enough are the ones coming out to make videos and saying they are sorry and they are wrong, yes I just watch a video from kale on YouTube right now saying we are in for real dips and this guy have been shouting 100x for altcoins and 100k for BTC, predictions are 100% 👎👎👎👎👎

Looper_U

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$CYBERCASH METAVERSE

Lol

well for me one thing is certain right now and that is BTC isn't going to reach 100k this year again, the dream and hope is all gone now also tomorrow will determine the fate of crypto market cos inflation (ICP data) happens tomorrow so things can go side ways pretty fast

pawanjain

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Nothing lasts forever

Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

You are absolutely correct here. Even I have seen some people comparing the charts to previous cycles and predicting the future price.
While it may be a possibility, depending on it is foolishness in my perspective. History can show us how the market can behave but not what will happen in future.
If the market has pumped in the end of the year in previous bull cycles doesn't mean it has to pump this year as well.
The market can go in either direction without depending on the previous cycles and that's about it.

cryptomaniac_xxx

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

Well you have to understand where are those analyst are coming from, those TA really needs to find pattern instead of anomaly and that's what they come up, similar to 2017 bullrun or 2013 and then created their own conclusions.

And that's why TA is not a exact science, it's just a prediction that could be a hit or miss. If it a hit then good for us, Bitcoin could be $100k and so other altcoins will have their new all time high. If not then we might be entering a bearish trend because of some factors, i.e. omicron news and Feds tapering.

jrrsparkles

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Eloncoin.org - Mars, here we come!

Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

If it happens exactly what happened before then this cryptocurrency market will burst out and no one can claim tha5it will happen like that. You are just comparing to make your investment or trading strategy without doing any analysis we can't simply assume what will happen next because no one has that magic ball to find out about future.

Teraboy

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same?

People didn't know if there are lots of things that were also affecting the market. Sometimes it can become even stronger but it can also try to give the opposite thing like this time. People are blindly believing with the yearly chart. i remember that those who have been saying that 4 year cycle will always come but it's not yet proven this time. The charts are totally different but if we are seeing for the all time chart and the potential to bounce back again will always there.

Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

So many things can come together like omicron, congress hearing news and many more. The news can change the climate anytime. sometimes it can be very bullish and bearish. People should not always rely with TA. So many people are only thinking about their TA without try to see about the fundamental of market itself. Even something bad happened with the big country can give direct impact to the crypto.

tulusikhlas

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What is clear is that adoption has been different from last year, it is by no means a good benchmark if you reflect on the movement of Bitcoin from 2017. Just look at how the condition of Bitcoin this year alone has rallied more than 2x or 3x. The difference shows how complicated the current price movements are which will always be a mystery at the end of the year. Not a few people compare the phenomenon of 2017 with now, but it is too far to be compared.

Koro-Sensei

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Quote from: Refrumatrix on December 09, 2021, 03:06:50 AM

I told many that charts can be deceiving at times but many don't believe me, some even go and bring out 2017 bull chart and start comparing to 2021 charts so now tell me are the charts still the same? Whatever is going to happen in this December still lies in mystery 🤣😂🤣, things will never work the same way as the past

I agree to you that now things never work out as expected but you have to remember that these charts are only used to determine the possibilities and with not certainty. These charts helps us decide wether to buy or sell according to analysis. We have saw the rally in metaverse Alts in november and followed by dump in December. Bull run will happen soon faster than the dump is.

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