Topic: This has happened in the past! - page 4. (Read 1060 times)

Thank you for pointing out all this remarkable time and prices and it is truth that bitcoin has passed through this same way in the past.  I don't think that for those that buy bitcoin when it was $60 and are holding up till now will start to complain that bitcoin or their investments is performing badly!  Most people did not know the right time to buy bitcoin and that is why they are losing in bitcoin investments and trading.  In future this same pattern are going to play out again and those that are smart enough to buy at the bottom and sell at the top are the one making money from this cryptocurrencies market.

That happens because people don’t trade with caution and usually market gives lots of signs when it is about to dump, irrespective of the altcoins we are holding at that moment whether new or old, it will surely gain more strength when BTC rises, yes I know dumping do occur but will not completely make a strong project die, because what most people that dump usually do, is to take the profit and still leave the initial capital, in which the that capital will still experience substantial increase in price every time bitcoin pumps in price, most of the altcoins that has died are all shitcoins without a reputable real application based product.

I don't know man what happened in the past doesn't really have to happen in the future. Don't get me wrong I am a firm believer that bitcoin will go up but saying it will go up to $200k is not really that realistic and could be a big wrong prediction.

I am not against anyone selling their bitcoin, if you sell bitcoin and keep your money still on coinbase/binance whatever exchange you use, and than rebuy at a level you are more comfortable with than there is absolutely no reason for you to not sell. If you do not like $4k but like $5k and think that $4k is risky but if it goes to 5k it will go further higher than sell at $4k and buy at 5k and wait for it to go up, its all fine.

People should be feeling comfortable with the way they do business on bitcoin, sell whenever buy whenever because that is the biggest difference with banks.

I agree
but the fact is not as easy as you say, there are many doubts and chaos that make panic. until the market becomes very declining, and the worst is there are a lot of shitcoin that really will become garbage.
it will take a long time if you want Bitcoin to recover and have a fantastic price

They are depressed they didn't sell at the top and buy at the bottom.
My experience is the same as you. Why play the game when HODL will generate more than enough profit. Just ride the rollercoaster.

Till now patient investors in the cryptocurrency industry have been rewarded.
I don't want to see this trend be reversed from now on because many people will lose many money in this industry. I hope that there will be more funds added in the market in the future.

i agree on your statement above mate. Because i have doubts also that there's a possibilities of good run in the future base on what is happening in the market nowadays. (which is market keep showing positive sign and seems bear market will gradually disappearing). Indeed bull always emerge after the fluctuation. So probably your correct that selling is a big mistake on this situation.  

He is just lazy to provide some pictures about historical bitcoin price movement, I dont blame him, who wants to check that can open google and start from there. Many sites can provide that sort of informations, bitcoin price is higher than in 2011 and 2015, one year before halvings, exactly where are we now, one year before halving. I encourage people around me to hold and to invest more if they can, if they have some time and some skills to try to earn it somehow.

Must be a nice advice and I don’t doubt the fact that Bitcoin can get to that $200,000 but patience is the key, human being generally has problem with patience and they don’t face reality, yes bitcoin will surely reach that value in the long run which is for sure but the reality is that, it will take a long time.

So, any investor coming into the system now should better do and have it in mind that the purpose of such investment is for a long term investment, usually I do advice people to go into trading too before that time, they can still be using their investment to trade and still making it on a daily basis which will help them ease the tension on Long-term investment.

Regrets won't help us recover what we've lost, and instead of putting off stressful life because of that reasons don't give up. We still have bigger chances since Bitcoin price nowadays remained fluctuating, and cheaper price can be acquired once you purchase btc from any trading sites. For I remember those days that btc was profitably at $20k, I was given great times earning brilliant amount of money. I was even comparing it from my job income which cannot be achieved even though working so hard 24 hours a day.

Although this is a good time to buy more bitcoin, we need to analyze before we buy because we don't want to get a trap at the higher price especially if there is a dump in the bitcoin price. We need to make sure that we buy at the lower price, so we don't have to worry if the trend is changing to go down. The price now increases and it will grow more, but we have a chance to see the price will a correction of the price before it could increase higher.

I find it remarkable that people are depressed about Bitcoin being $4K USD. I remember when BTC was $60. I remember when it was $120. I remember when it was $225. I regret ever selling any BTC I have ever owned from the $60 price point and up. HODL. 

Yeah usually bitcoin will come out stronger after the huge correction, and we have been in the bear market for quite sometime and the price has been stabilise for long time, I think we will have a good bull market soon, for long term bitcoin will become a good investment, for 10 years we already see how bitcoin price grow stronger

What has happened in the past doesn't always indicate what is going to happen in the future. Let's get that out of the way.

Though, I do agree with the fact that what we see right now and the stage of the market cycle that we are in at the moment is clearly a reflection of what had happened in the most recent bear market of 2014-2015. There are very similar percentage losses from the peak, very similar timeframe, and overall market sentiments.

It's evident that we're going to see a bull market emerge sooner or later, as a matter of time. Though, I would be extremely careful with putting an exact timeframe on when this will occur because short term volatility simply cannot be predicted by the macro cycles that bitcoin goes through every 4 years or so, due to the halving. Prices could well continue to drop below previous bottoms before finally breaking out with a rally, I'm not ruling out that possibility.

I will say this is an appropriate time to buy more bitcoin. Price is still low and buying now will guarantee bigger profit margin. So those holding should also try to get more for the bull future we are expecting.

Good decision and we are the same perspective view on holding Bitcoin, there will be a big chance that the bitcoin will rise again but I can't
tell it would skyrocket dramatically. 50,000 is too much but for me, the bitcoin will rise on its former high potential again like 20,000 USD.

I do understand the enthusiasm and you being optimistic but please lessen your expectation to make it a little realistic. We are all expecting for the bitcoin to rise and let's see if it will happen!

I did not see a long-term holders that loss money in cryptocurrencies market!  We only need to look at the past and invest accordingly because those that takes the risk of investing when bitcoin was absolutely down makes money during the past bull market.  It is also very important for us to know that if we actually want to makes profits we must invest when it low and sell when it is high but been able to endure till that time is the challenge some of us had. I think you have made a good decision and if you can keep to it there is no way you will not make profits in future.

HODL bitcoin was the word spreading the bitcointalk forum and all the places where we can see the crypto users but after the drastic fall in coming days we are facing big problems in earning, Good ICO projects, trading volumes and many more.


I always keep the bitcoins safe and will not sell the bitcoin unless it reaches 10k USD at least. number of hodlers increased then we can find the more demand on bitcoins and price rise too.

Which is weird because since when do people view investments as short term things? People are always told to invest long term, the same applies to bitcoin. I think the face that bitcoin grows so fast has some people thinking if you're not making lots of money in the next few months then you shouldn't be buying bitcoin. Which is what leads people to not buy now at the bottom and instead wait two years when bitcoin is ripping up through 5 digits toward 6 digits and then throw money in. It doesn't really make sense. If you can't even keep your money in an investment for a relatively short time span like 3 years you're doing it wrong.

But i guess lots of people come to investment all wrong. My brother is telling me this is a great time to get into the stock market after a massive boost in 2017 and a decade long bull market, when most analysts see a recession coming soon as the US economy is propped up on massively increased debt spending the past couple years and is basically out of tricks to continue to spur the economy, and the negative long term consequences of those tricks are probably gonna start biting the economy and the stock market in the ass pretty soon.
Meanwhile I've got people at work every week or so asking me how much I lost in bitcoin so far, and I say nothing because I'm accumulating, not selling right now. They don't understand, they think I can only lose money simply because bitcoin crashed last year.

Anyone who isn't willing to hold for a few years shouldn't be investing in anything and first needs to learn about what investing is all about.

Theres a good chance it will happen again but past results don't always repeat.  The best we can do is study the past data and make an educated guess on what will happen in the future but there are no guarantees.  Bitcoin had an inflation bug that was discovered by a Bitcoin Cash developer luckily.  imagine if something like that happened again but gets exploited heavily.