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Topic: We are still early in this bull run. Retails have yet come back massively! (Read 475 times)

hero member
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www.Crypto.Games: Multiple coins, multiple games
Yeah, most of the curious and potential investors of Bitcoin are searching through Google and YouTube. They are having some keywords that they want to know more about it before they fully invest on it. That's a good job on their end because they are doing their research.

Yes, we're still early and not all of the institutional investors aren't in yet. It takes time for the majority of them gets in. What I just don't like that's being spread is many tells that they'd just get 2x-3x gain for Bitcoin if they invest on it because it's quite expensive already. While for the altcoins, they'd get more than that.

I mean yes, they're partly correct with that but not all investors are willing to take more risk with altcoins unlike with Bitcoin. They're chill and effortless by holding and seeing its value grow overtime.
Which in return shows them the people who are best at SEO and not best at trading or investing. When you deal with youtube, you need to know that even though it is not google, there is some SEO involved too, some videos with less views could come up above some videos with millions more videos, it can't be like 5k versus 5 million, but could be 150k versus 4 million for example, and that is based on in-site SEO as well.

So, you are getting to see people who are good at SEO, whereas someone who is amazing at trading may ignore all those and could end up with nothing at all. These are all important stuff and should be quite the thing that we need to care about as well. I hope that it could get to a point where it's much better.
full member
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I think so too. We are still early in this bull run. This bull run that we are in right now might actually take us to more than $100,000. The peak might even reach as high as $120,000 or more.

....

it is very possible that we will be able to reach 100k after the halving, but we also have to be realistic that 100k is the peak of the bullish market later and nothing more than that. if the market wants to break over 100k, it will need very positive news and a massive movement from retail investors to be able to buy more bitcoin. but just reaching 100k is already grateful, remembering that if it is too high maybe this will become a bubble.
sr. member
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I think so too. We are still early in this bull run. This bull run that we are in right now might actually take us to more than $100,000. The peak might even reach as high as $120,000 or more. If that happens, then this bull run is actually just halfway to the peak.

All that's happening right now is brought by the spot ETF and the FOMO that's also caused by it. We still have the effects of the halving and the FOMO that will also rise alongside it. $120,000 is a moderate prediction if we take into consideration the halving.
full member
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Yeah the normal retail crowd that FOMO's into bull markets hasn't even started coming in yet. They probably won't get excited about Bitcoin again until like this summer once it gets all over the media that Bitcoin has passed its 2021 high and is surging higher. That's what gets those people excited enough to throw their money into something they don't understand haha. The feeling of "omg people are making so much money I gotta jump in right now!"


Though I think this bull run will end a lot earlier than normal. Bull runs always end near the end of the year after the halving, so we've all been expecting this market cycle to end late 2025. But since first the hype around a possible ETF approval, and then the money coming into the ETFs, have raised sped things up, so that the cycle is currently about half a year ahead of where it would normally be, I think we'll see a peak in early 2025 rather than late 2025. The bear market could very well be bottoming by late 2025 when we would normally expect the bull market to be peaking. But we'll see.  Anyway I think we'll see the retail crowd start to FOMO in this summer. They are definitely not here yet.

And that's why they always get left out and learn the hard lesson of never be the last man in, there often bug very close to the highest point and have to suffer the long wait till the next bulk run and who knows when.

I do agree with your speculation but I'm expecting it to peak right about march next year with no special reasons in particular or I'll like to keep to myself since I don't have any real facts to back it up, but we should also keep heads up for consolidations soon and it could go a bit more than 10% maybe before the halving or after, but I have my bets on before.
STT
legendary
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Leading Crypto Sports Betting & Casino Platform
Probably correct in that we are not near the end but trying to predict hype is a very uncertain game to play.     Some of the hype and buying is not really reliable or advisable in its nature, I much prefer to see a benefit from actual genuine growth of Bitcoin and its ongoing usage thats all bullish and takes years to filter through.

   The tail of a bull whip achieves incredible speeds from its chain effect and sure we can see a parallel to that in how BTC moves under pressure because of its undiluted nature but I would not especially want to rely on that fast movement for a reliable achievement.  BTC can gain outside of consumerist type retail buying just because others have or plain reaction to prior gains snowballing an effect etc.
hero member
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Yeah, they'll soon realize that if they just invested on Bitcoin and let their money grow there by holding. But since they're hyped with the meme coins and other altcoins that are being shilled to them, one day they'll realize on how much time they've spent so much together with their money into waste.

Is the question only about meme coins getting hyped? Don't assume that only happens with meme coins; why do all meme coins end up with bad investment results for investors? Also, if they invest in meme coins that are almost on the list of well-known crypto exchanges, do you think they will zero in on those when the bull run takes off? But if the meme coins are only on a few exchanges and are unknown, then it can be said that they are shit coins, but for the meme coins that are listed on the top exchanges in crypto, I don't think so.
Well, not all ends up with good results investing in meme coins and that's a real thing. But I don't have anything against those that are investing into it and makes hefty money from it and that's a good thing on their end.

It's just that many don't experience the good side of it and that's why instead of going on with them, it's just best to go slowly but surely with Bitcoin if you don't have plans of leaving the market early.

If you're for the short term and quick profits then you have the idea on where you should go and what you must buy.
member
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Eloncoin.org - Mars, here we come!
As far as I can see, it is too early to sell their holdings of bitcoins, especially to institutional investors. Even with the retailers you mention too. For me, this is not the right time to really sell,
even if we say that there is a profit. If we are sure that there is really something to raise and you know how to read the market, just stay on your feet for now.

So right now, it's actually still time to accumulate Bitcoin and other cryptocurrencies that we think have good potential to provide nice profits in the future.

Yeah, they'll soon realize that if they just invested on Bitcoin and let their money grow there by holding. But since they're hyped with the meme coins and other altcoins that are being shilled to them, one day they'll realize on how much time they've spent so much together with their money into waste.

Is the question only about meme coins getting hyped? Don't assume that only happens with meme coins; why do all meme coins end up with bad investment results for investors? Also, if they invest in meme coins that are almost on the list of well-known crypto exchanges, do you think they will zero in on those when the bull run takes off? But if the meme coins are only on a few exchanges and are unknown, then it can be said that they are shit coins, but for the meme coins that are listed on the top exchanges in crypto, I don't think so.
hero member
Activity: 2772
Merit: 576
Yeah, most of the curious and potential investors of Bitcoin are searching through Google and YouTube. They are having some keywords that they want to know more about it before they fully invest on it. That's a good job on their end because they are doing their research.
That is a good sign that people now are truly interested about bitcoin and also
they are longing to taste the cake we are sharing here in crypto community.
I think every cycle, we see this trend and when the market is on high. People's interest is over Bitcoin because the money is flowing a lot.

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Yes, we're still early and not all of the institutional investors aren't in yet. It takes time for the majority of them gets in. What I just don't like that's being spread is many tells that they'd just get 2x-3x gain for Bitcoin if they invest on it because it's quite expensive already. While for the altcoins, they'd get more than that.

Sooner they will be here , some of them are learning now and in time will surely deposit and keep funds.
I hope so and hoping that they're not going to fall for scams and phishing since they're rampant as well on these times. They're not letting this opportunity pass on and most likely they're the target of these cons.

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I mean yes, they're partly correct with that but not all investors are willing to take more risk with altcoins unlike with Bitcoin. They're chill and effortless by holding and seeing its value grow overtime.
don't worry about them preventing risk because in time they will realized this to
and will take all those risk because they will learn the greatness of this market.
Yeah, they'll soon realize that if they just invested on Bitcoin and let their money grow there by holding. But since they're hyped with the meme coins and other altcoins that are being shilled to them, one day they'll realize on how much time they've spent so much together with their money into waste.
sr. member
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As much as I'd like to believe that we're in the bull run, it still doesn't place right with me that we haven't seen a big price correction yet and that scares me because that means I can never put all my money in so I can just wait for it to go up continuously and at the same time, I'm scared with the fact that I might miss out on selling now and then the price goes down and I can get in with more value than last time, I feel like the safest play would still be to hodl and DCA, then I just need to save the fiat that I've got right now in case of a big price correction, halving hasn't happened yet which means that this is not going to be the ATH for a long time.
full member
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Quote from: Ndabagi01
The way the bitcoin market moved from last month to today led many people to believe that they had missed out on the party and were left behind. Until the halving, I believe everyone entering the market is still early in the bull and will profit significantly if they act now. We are already counting down to the halving, and if the price breaks or does not break by then, we can predict how high bitcoin will go after breaking the current ATH price. The bull is still in the early stages; there is no need to panic or feel FOMO. You can only get as much as you invest early in bitcoin when the time for bull run reaches and gets to its maximum value at the end of the bullish period.

Those investors that released their Bitcoin on time are seriously regretting the action they took in the early move of the price of Bitcoin, because they thought that the price will not increase above $50,000 in the month of January but the price has moved to $72,241 now to caused heavy income to sellers in the market. I think, the bullish season will run through out this year and it will be possible for the price of Bitcoin to hit $100,000 before the end of this year, because that is what many holders are waiting to see in the market before they will be move to release their Bitcoin for sale. Since the bullish season started on time in this season, I believe it will last long in the market for holders to achieve more income from the market.
full member
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Yeah, most of the curious and potential investors of Bitcoin are searching through Google and YouTube. They are having some keywords that they want to know more about it before they fully invest on it. That's a good job on their end because they are doing their research.
That is a good sign that people now are truly interested about bitcoin and also
they are longing to taste the cake we are sharing here in crypto community.

Quote
Yes, we're still early and not all of the institutional investors aren't in yet. It takes time for the majority of them gets in. What I just don't like that's being spread is many tells that they'd just get 2x-3x gain for Bitcoin if they invest on it because it's quite expensive already. While for the altcoins, they'd get more than that.

Sooner they will be here , some of them are learning now and in time will surely deposit and keep funds.

Quote

I mean yes, they're partly correct with that but not all investors are willing to take more risk with altcoins unlike with Bitcoin. They're chill and effortless by holding and seeing its value grow overtime.
don't worry about them preventing risk because in time they will realized this to
and will take all those risk because they will learn the greatness of this market.
legendary
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-snip-
There is always a drive and it’s won’t be unusual at this time to think that, the up cooking halving has been the drive behind most of the news and events that might have pushed for the demand on Bitcoin. Surely, a lot of factors are playing a role now to influence investors on how to go about the Bitcoin investment but, it’s been a push towards benefiting from the coming halving with past history already associated with the event. I might be wrong but the fact that, the activities on the market seems to be increasingly high as the halving approaches leaves less room for doubt.
Halving is certainly very likely to influence the interest of most investors to invest in bitcoin and take advantage of the momentum - but typical investors like this are not the ones who will last long because it is very possible for them to sell bitcoin at high prices which will increase price volatility. Of course this is normal - it's because they are not long-term holders.

A correction becomes possible ahead of the halving - but I'm not worried about that as the price will recover over time. Some FUD will influence the market and make investors panic - but I don't think such FUD will last much longer as the buying impulse becomes more intense.
legendary
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A tip is altcoins are only potential at the start of bull run or at the end of bear market. In middle of a bull market or middle of a bear market, you will possibly be rekted by altcoins.
Like so often: it depends Wink

A few days ago I investigated the ATHs of a group of altcoins (those which had no premine, i.e. for example XMR or LTC, but also much smaller coins) and I made an interesting observation.

In the last bull run in 2021, most of them had an ATH or local high (not all of them achieved a new ATH in this run, but some did, or were new) in the first half of 2021, while Bitcoin had its ATH in late 2021.

2021 was however for many reasons an atypical bull run. The BTC evolution could be described almost as a double top, with $65k having been reached already in May, but the top of the bubble only reaching 69k in November. Only very few very established altcoins managed to achieve a new ATH in November. It seems that the late 2021 BTC rally was mainly fueled by recognition as legal tender in El Salvador (a "good news rally") which didn't affect altcoins, and thus they didn't join BTC.

In 2017/18, in contrast, the ATH of most altcoins was reached close to the BTC high or even afterwards (BTC's high was in mid-December, while many alts topped in early January, ETH being the most prominent example, but also others like XMR). I remember that in 2013/14 this was similar: at the end of the bull run which culminated in the $1150-1200 ATH in the case of BTC in early December, there was still a little "sucker's rally" in many altcoins, in some cases reaching new ATHs.

So basically in most bull runs there is a chance of altcoins joining Bitcoin to their highs, and even surpass it. But that's not guaranteed. As already was said in this thread, I agree fully that altcoins, regardless of their age and/or market cap, are much more risky than Bitcoin. And "hypecoins" and "smallcaps" are much more risky too. Even XMR, which was for a long time one of the most stable alts, had its big crash recently.

In comparison to BTC, in addition, altcoins seem to have lower returns across cycles. There are few coins which achieve an ATH in each cycle. Solana, for example, has made phenomenal growth in the last months but is still far away from its ATH from 2021 (of >250$).
hero member
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Demand for bitcoin will increase and I don't think this is only influenced by the halving. Institutional investors have opened many people's eyes to their own doubts about bitcoin, so I think the hype this time will probably be bigger than the previous halving period.
There is always a drive and it’s won’t be unusual at this time to think that, the up cooking halving has been the drive behind most of the news and events that might have pushed for the demand on Bitcoin. Surely, a lot of factors are playing a role now to influence investors on how to go about the Bitcoin investment but, it’s been a push towards benefiting from the coming halving with past history already associated with the event. I might be wrong but the fact that, the activities on the market seems to be increasingly high as the halving approaches leaves less room for doubt.
hero member
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Yeah, most of the curious and potential investors of Bitcoin are searching through Google and YouTube. They are having some keywords that they want to know more about it before they fully invest on it. That's a good job on their end because they are doing their research.

Yes, we're still early and not all of the institutional investors aren't in yet. It takes time for the majority of them gets in. What I just don't like that's being spread is many tells that they'd just get 2x-3x gain for Bitcoin if they invest on it because it's quite expensive already. While for the altcoins, they'd get more than that.

I mean yes, they're partly correct with that but not all investors are willing to take more risk with altcoins unlike with Bitcoin. They're chill and effortless by holding and seeing its value grow overtime.
legendary
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I think retail will start flying in when we take $100,000. The rise in price is largely due to Spot ETFs hoovering up supply. Once some months have passed after the halving & we pass $100,000 Bitcoin will be on every mainstreak news outlet, that’s when retail investors will fly in.
legendary
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I agree that bitcoin will end up with a lot better results in the end, not that much of a crazy stuff, but something that could take a while. This should be something that will take a bit of a time, it's just not that much of a big deal for me. I hope that it could get made one way or another, but that doesn't mean that bitcoin is the only reason.

Some alts do go up based on other things too, like rumours and news and new developments too but usually those are not all that much of a big deal. I hope to consider this to be more like market movement and the whole market moves like that. It would be a lot better if we could just avoid it all together and not really do anything that would be super crazy, it is not really a big deal, all go up, all go down, simple as that.
legendary
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Plus those altcoins are pumping? Because Bitcoin is pumping. If Bitcoin crashes, I'm very confident that they will also crash and the crash will be heavier up to -90%.
Newbies in this market will learn their lessons by falling in love with altcoins soon.

Even altcoins pumped hard recent months, because Bitcoin triggered the market bull run, many of them are still -80 %, -90% of their all time highs. I believe this screenshot can help newbies to see risk of altcoins if they find this post.



But one thing you left out, you yourself said that bitcoin triggered the bull run and many altcoins are still at -90%, which means the chances of them being dumped or falling more is very low. So, buying altcoins now will not be as risky as when we are in the 2022 bear season. Also, look at what's been going on in the past few days, shiba is up 3x since the bottom, pepe is up 7x since the bottom...and many other altcoins.

We need to admit that during the bull season, altcoins will perform much better than bitcoin in terms of returns. But when the bear market begins, it's time to stay away from altcoins.


But these altcoins that just pumped hundreds of percent might now drop by 50% lol.

The point is altcoins are inhernetly extremely risky and extremely bad investments. And anyone can make a new altcoin so there is no way to know WHICH altcoins are going to pump. A few months from now there could be an entire new set of popular altcoins and the current ones could go down a lot from here on out.

To make the point more obvious. A lot of altcoins still haven't reached the local tops they hit a year ago on the market enthusiasm of bitcoin breaking out of the bear market the first few months of last year. So Bitcoin has 3x'd while many altcoins have gone down since then.


The investment strategy of buying altcoins is literally: "do you feel lucky today".

The chance of altcoins being dump is never "very low", as you say. The chance of altcoins dumping is always very high, even in bull markets. Because unlike Bitcoin, theres tons of altcoins to choose from. At any point some will dump and some will pump. Some will never go higher than they are today. No way to know which ones will be which. A few altcoins happened to just pump very hard, for some of them that very well might be as high as they go this market cycle, or ever. While others may 10x by end of the year. No way to know which will be which. Literally all it takes to replace any of them is for someone to make a funny sounding meme coin name and have it go viral and suddenly that's the new thing and all the altcoins that just pumped hard are yesterday's news.

Why, when you've already made hundreds of profits, don't take profits and wait for them to decrease? What do you expect to earn multifold profits from altcoins?

Have you ever thought, there are thousands of altcoin projects but why are there only very few projects invested in by venture capital funds and the rest are just trash? Choosing altcoin projects to invest in is not too difficult, why do many people deliberately complicate the problem? But if you have no knowledge about altcoins then you should not invest in them.

If you want to know which trend money will flow into first and which trend later, I think you need a team working together and using analytical tools.

Investing in altcoins is really risky and a difficult process because we have to choose a few projects among thousands, but if someone knows how, they will get a worthy reward. In addition to the memecoins I mentioned, try checking altcoins like FET, RNDR, WLD, RSS3...what percentage of profits did those who bought it in 2022 and 2023 get. If I were to average the profits would be between 5x and 7x per project. But things won't stop there, let's wait and see where they will go in the upcoming bull season.
legendary
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But one thing you left out, you yourself said that bitcoin triggered the bull run and many altcoins are still at -90%, which means the chances of them being dumped or falling more is very low. So, buying altcoins now will not be as risky as when we are in the 2022 bear season. Also, look at what's been going on in the past few days, shiba is up 3x since the bottom, pepe is up 7x since the bottom...and many other altcoins.
I pointed out that if you are altcoin enthusiast and joined this market in 2021, 2022 and did not sell your altcoins, it's very probably you are still in loss even many altcoins pumped hard recent weeks.

This fact from the past will reappear in future, in next bear market like next two years. That is vital point I want to warn newbies who see so high potential in altcoins.

A tip is altcoins are only potential at the start of bull run or at the end of bear market. In middle of a bull market or middle of a bear market, you will possibly be rekted by altcoins.
hero member
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Btc always claim position as the king of all crypto. Imagine btc performance from 35k to current price in few weeks, i csn agree that we are yet to see retailers full involvement, probably after the halving. Alts haven't move that much.
I bet this price increase was not expected by the btc community.

We are at the beginning of what others described as the year of the dragon, the year of crazy price pump. Am expecting alts to follow up after btc halving or closer to the time. Although some alts has been performing really well, especially the memecoins, investors in these coins are happy with the price progress.
Now is the time to be well positioned in potential alts.
legendary
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Bitcoin has touched that milestone and is ready to create a new record by crossing $70k before the halving event. That isn't guaranteed but that is what we can expect after what has been happening lately, first Bitcoin went from $28k to $38k, then from there it went to $45k, and now it has crossed the previous all-time high even before the halving event. We are having a great year so far, let's hope it isn't ruined later on.

It looks like it, and you only have to look at the price trend to see where we are going.

Graph for past month:




Graph for past 6 months:





The graphs look very, very good. I think it won't be long before we cross the coveted $70,000 mark, and from there, to the moon.
full member
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One thing is clear: we can beat the ATH of 69,000 soon, perhaps today. If it happens it would be the first time it has been beaten at this point in the cycle, before halving, which would bode very well for the rest of 2024. Perhaps the price performance next cycle can make up for how disappointing this one was? It won't take long to see.

Bitcoin has touched that milestone and is ready to create a new record by crossing $70k before the halving event. That isn't guaranteed but that is what we can expect after what has been happening lately, first Bitcoin went from $28k to $38k, then from there it went to $45k, and now it has crossed the previous all-time high even before the halving event. We are having a great year so far, let's hope it isn't ruined later on.

Before this happened, I and a lot of other speculators and general users were expecting that Bitcoin would hit $100k this bull run, but after what happened and how Bitcoin crossed its previous all-time high way before time, it feels like it is going to go way above that point now.
legendary
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A few days back the coinbase app went to number 44 which appeared to be accelerating at a fast pace which would indicate the retail entering the market.

However it topped at 44 and has dropped to >100 right now. Seems like it was just a small bump and it’s trending down again. Which implies that most of the retail is not here yet but should be soon, especially if on Monday we cross into $70K again.
legendary
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Of course we are still early, crossing ATH is typically just the starting point of a bull run, and the halvening still hasn't happened. The real big questions is how long will the bull run last and how high will it get. Will it repeat the pattern of the previous bull runs, or would this play out much faster now that we touched the ATH sooner than expected.
sr. member
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We are just entering the bull run; to be honest, we are not even 1/4 of the bull run, but we are already inside the entrance of this bull run. And if there are other altcoins that are pumping in their coins, I think this is the reason for the upcoming ETH spot.

So when the ETH spot is approved, it is certain that many altcoins will hit the market at the same time as bitcoin rallies. And if it is not approved, many altcoins will also dump their prices in the market for sure, and only a few will be able to keep up with Bitcoin's rally for sure too.
hero member
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Plus those altcoins are pumping? Because Bitcoin is pumping. If Bitcoin crashes, I'm very confident that they will also crash and the crash will be heavier up to -90%.
Newbies in this market will learn their lessons by falling in love with altcoins soon.

Even altcoins pumped hard recent months, because Bitcoin triggered the market bull run, many of them are still -80 %, -90% of their all time highs. I believe this screenshot can help newbies to see risk of altcoins if they find this post.



But one thing you left out, you yourself said that bitcoin triggered the bull run and many altcoins are still at -90%, which means the chances of them being dumped or falling more is very low. So, buying altcoins now will not be as risky as when we are in the 2022 bear season. Also, look at what's been going on in the past few days, shiba is up 3x since the bottom, pepe is up 7x since the bottom...and many other altcoins.

We need to admit that during the bull season, altcoins will perform much better than bitcoin in terms of returns. But when the bear market begins, it's time to stay away from altcoins.


But these altcoins that just pumped hundreds of percent might now drop by 50% lol.

The point is altcoins are inhernetly extremely risky and extremely bad investments. And anyone can make a new altcoin so there is no way to know WHICH altcoins are going to pump. A few months from now there could be an entire new set of popular altcoins and the current ones could go down a lot from here on out.

To make the point more obvious. A lot of altcoins still haven't reached the local tops they hit a year ago on the market enthusiasm of bitcoin breaking out of the bear market the first few months of last year. So Bitcoin has 3x'd while many altcoins have gone down since then.


The investment strategy of buying altcoins is literally: "do you feel lucky today".

The chance of altcoins being dump is never "very low", as you say. The chance of altcoins dumping is always very high, even in bull markets. Because unlike Bitcoin, theres tons of altcoins to choose from. At any point some will dump and some will pump. Some will never go higher than they are today. No way to know which ones will be which. A few altcoins happened to just pump very hard, for some of them that very well might be as high as they go this market cycle, or ever. While others may 10x by end of the year. No way to know which will be which. Literally all it takes to replace any of them is for someone to make a funny sounding meme coin name and have it go viral and suddenly that's the new thing and all the altcoins that just pumped hard are yesterday's news.
hero member
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Retail might not be in but wherever I go I am not getting calls for $100K, i am getting calls for $200K or $1M or something crazy and we didn’t even make the ATH yet.

Seems people are aping into crypto like crazy at the moment. Look at all the useless meme tokens are pumping. We got wif, shib, Pepe and of course Doge. Also some old coins like bitcoin cash, bitcoin sv, and Litecoin are pumping.

Not saying we are near the top but it sure feels like one.


I don't see how it feels like a top haha. Feels like the start to me.

Yeah the most useless coins have been pumping, because the little bit of retail that jumped back in went straight to the useless stuff haha. The stuff they think will make them rich quick. Meanwhile Bitcoin is just chilling around the ATH high no problem, Ethereum isn't even close to ATH yet, and most of the major altcoins are still tiny fractions of their ATHs.

A handful of meme coins and useless forks (literally where the absolutely dumbest money goes) says nothing about a top being here. It suggests a tiny fraction of retail probably jumped back in to the dumbest stuff.

Bull market is just starting. We aren't even at the halving yet!!

Also. I'm not sure what you think people making ludicrous claims about the bull market has to do with the timeline of the bull market. Anyone talking about crazy prices way up in the six digits happening this cycle are just clueless people. Says absolutely nothing about where we are in the bull run. Price is at the old ATH, bull run is just starting. That's how this works. Feels like we are at the start of the bull run with about a year to go until a peak. Retail market will probably take months to really start coming back in. TradFi is going to be putting tens of billions of dollars more into Bitcoin this bull run. Corporations haven't even started getting back into it this bull run yet. This thing is just starting. Dumb people buying the most usless cryptos and a few people talking about a million dollars doesn't mean anything.
legendary
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Leading Crypto Sports Betting & Casino Platform
Plus those altcoins are pumping? Because Bitcoin is pumping. If Bitcoin crashes, I'm very confident that they will also crash and the crash will be heavier up to -90%.
Newbies in this market will learn their lessons by falling in love with altcoins soon.

Even altcoins pumped hard recent months, because Bitcoin triggered the market bull run, many of them are still -80 %, -90% of their all time highs. I believe this screenshot can help newbies to see risk of altcoins if they find this post.



But one thing you left out, you yourself said that bitcoin triggered the bull run and many altcoins are still at -90%, which means the chances of them being dumped or falling more is very low. So, buying altcoins now will not be as risky as when we are in the 2022 bear season. Also, look at what's been going on in the past few days, shiba is up 3x since the bottom, pepe is up 7x since the bottom...and many other altcoins.

We need to admit that during the bull season, altcoins will perform much better than bitcoin in terms of returns. But when the bear market begins, it's time to stay away from altcoins.
legendary
Activity: 2170
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Farewell o_e_l_e_o
Plus those altcoins are pumping? Because Bitcoin is pumping. If Bitcoin crashes, I'm very confident that they will also crash and the crash will be heavier up to -90%.
Newbies in this market will learn their lessons by falling in love with altcoins soon.

Even altcoins pumped hard recent months, because Bitcoin triggered the market bull run, many of them are still -80 %, -90% of their all time highs. I believe this screenshot can help newbies to see risk of altcoins if they find this post.

legendary
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Retail might not be in but wherever I go I am not getting calls for $100K, i am getting calls for $200K or $1M or something crazy and we didn’t even make the ATH yet.



Read and study, The Extraordinary Popular Delusions And The Madness of Crowds by Charles McKay and The Devil Takes The Hindmost by Edward Chancellor.

 Cool

Quote

Seems people are aping into crypto like crazy at the moment. Look at all the useless meme tokens are pumping. We got wif, shib, Pepe and of course Doge. Also some old coins like bitcoin cash, bitcoin sv, and Litecoin are pumping.

Not saying we are near the top but it sure feels like one.


That's understandable. I have the same "feelings" too, but it shouldn't truly matter if you're a mere HODLer without any profit targets during the current bull cycle.

Plus those altcoins are pumping? Because Bitcoin is pumping. If Bitcoin crashes, I'm very confident that they will also crash and the crash will be heavier up to -90%.
full member
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we’re not even at the halving yet, the peak bull run won’t be until next year. The bull has some way to run yet so sit in & get ready to watch the greatest show on earth. We have Spot ETF demand now, the run to Bitcoin will be like nothing we’ve ever seen.

Sure the bull run hasn't begun as all what we are seeing is pre-halving signals of which anyone that has a foresight would know that what is gonna occur after the bull market would be explosive, and buying and hodling at this point that some people are making exaggeration that we are already at the halving would still be a nice decision.

One thing that affects most investors is FOMO because they feel that it's too late already to accumulate more Bitcoins due to the fact that the recent price is almost near the previous ATH but regardless, for a long term holdler, it is never too late to buy at any price in time.
legendary
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One thing is clear: we can beat the ATH of 69,000 soon, perhaps today. If it happens it would be the first time it has been beaten at this point in the cycle, before halving, which would bode very well for the rest of 2024. Perhaps the price performance next cycle can make up for how disappointing this one was? It won't take long to see.
legendary
Activity: 2086
Merit: 1058
Yeah the normal retail crowd that FOMO's into bull markets hasn't even started coming in yet.
Distribution phase will start when the retail crowd begin to FOMO and FOMO for a while.
I am feeling like we are at that stage right now. If we look at the chart then I would say that we are at a stage where the chart shows as "belief", because we are already quite high, we are like 4x higher from the bottom of cycle, so we can't call it just the start, we are already quite high. I am guessing that the maximum it can ever do is another 4x increase, nothing more, and that means we are at belief stage already.

We need to make sure that we know where we are so that we know when to get out, I can guarantee you that, not that I will wait that long, I may get out early, but if I ever see 200k price, I am out. Not because I think it can't get any higher, but after that it's all just a countdown, I can get out earlier than that too but I am not staying after 200k for sure.
legendary
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Farewell o_e_l_e_o
Yeah the normal retail crowd that FOMO's into bull markets hasn't even started coming in yet.
Distribution phase will start when the retail crowd begin to FOMO and FOMO for a while.

Psychology of market cycles.

Optimism, Belief, Thrill, Euphoria are all phases we need to go through before the distribution phase of whales will be kicked off.

Quote
They probably won't get excited about Bitcoin again until like this summer once it gets all over the media that Bitcoin has passed its 2021 high and is surging higher. That's what gets those people excited enough to throw their money into something they don't understand haha. The feeling of "omg people are making so much money I gotta jump in right now!"
They will join as fresh newbies or rejoin after leaving 2 or 3 years. For newbies they will be tested by the market during the bull run with corrections and in a next bear market. As natural reactions of human, very few newbies will stay in this market after tested by tough months.
legendary
Activity: 3738
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Retail might not be in but wherever I go I am not getting calls for $100K, i am getting calls for $200K or $1M or something crazy and we didn’t even make the ATH yet.

Seems people are aping into crypto like crazy at the moment. Look at all the useless meme tokens are pumping. We got wif, shib, Pepe and of course Doge. Also some old coins like bitcoin cash, bitcoin sv, and Litecoin are pumping.

Not saying we are near the top but it sure feels like one.
legendary
Activity: 2618
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I think we are past the initial bullish phase in 2023, so I think we are already in the continuation phase even though we have not yet reached the new ATH. Price recently almost touched the old ATH, but then failed and corrected slightly. The upcoming halving is likely to sway anyone's interest in buying bitcoin and taking advantage of the opportunity, but experienced investors seem to have got entry in early so it's likely only retail traders will force themselves to capitalize on the hype.

Over time demand for bitcoin will increase and I don't think this is only influenced by the halving. Institutional investors have opened many people's eyes to their own doubts about bitcoin, so I think the hype this time will probably be bigger than the previous halving period.
hero member
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Wait until the halving and we'd for sure going to have that sequence about these trends where all of the people at all ages will start searching on google about "how to buy bitcoin", "is bitcoin a good investment". You'd see that but we already have some signs already and that's the Coinbase having a glitch on the very first few days of the skyrocket.

It's true that we're still early and there's a need to wait until the bull run comes. Stack for yourselves and we all have been doing that for so long but for the people outside the forum, I just hope that most of them have their own plans and time to buy soon.

The peak of this cycle will be the most interesting thing on this history for this cycle.
hero member
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Go after the goal... Go!!! It is worth getting!
Three charts above show that we are far from peak hype of the past bull market.

We are really far from the peak of the market, although no one knows what the peak price will be before the bear market starts again but as it stands now, no one has yet missed any party. We are still preparing for the huge party to come because this initial stage is just like a price warm-up to make investors aware that it's going to be a crazy bull run. 
full member
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Bitcoin price trajectory have left us with so much uncertainties with the only thing certain being that we will see higher prices after the halving and going forward. So I agree with you that we are still early in this bull run. I don't know if what happened with the Bitcoin ETF will also happen with he halving, a case where everyone expected that Bitcoin was going to the moon immediately the ETF was approved. What we saw was just a minor push up before a deep retracement. Now we are also expecting serious price rise after the halving, will it happen like the ETF or not?
hero member
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Don't joke with my Daughter
If I may understand correctly is only those that doesn't enter the market at a very low price that is why you see such noise and panic all over about people saying they have missed the bull trend, if I may get it well we have never achieved the previous ATH even though we are nearly to the price but we can't say the bull run has started and ended. What matters is we are looking at halving for the main bull market to start and of course when halving is over we might see some hard time over the market because after halving bull run doesn't start immediately so probably by 2025 that is when we might fully enjoys the bull run, but who knows if the narratives has change from its previous states to another new dimension who knows but historically I have never seen such.
full member
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Halving is about 48 days 17 hours from now.
Still enough time to hit an ATH.

No one can predict it but let's take this chance to see historic growth of past cycles. The latest cycle gives us 16x from Low to High and we are already 4x from Low to High in this cycle.
This is one way to look at it. In my optimistic state, I think we go above $150k this cycle, but $120k seems like a very reasonable expectation to plan your investment around.
yeah bitcoin price after the halving, may be likely around such price you mention which is $120k or at most $150k but still we can't actually tell, because that how most people believe then that bitcoin won't hit $60k before the halving and bitcoin current price is more than and soon hit a new ATH before the halving, so after the halving bitcoin may surged more than the price range we just mention.
legendary
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Leading Crypto Sports Betting & Casino Platform
Indeed, personally I do think that bullrun won't be happening this early. Price have entered and stayed on the overbought area for months already and a price correction will always have a tendency to take place. However, given that there's no assurance of what will be next whether it will be a continuous pump with crypto market prices or a sudden crash before the halving. The anticipated event for the bullrun is halving and given that it is not yet happening, therefore we should be careful of our decisions. Buying at this point would be okay as well but expect that you'd be quite on edge since prices are about to breakthrough without assurance. If you plan to make an entry be sure to set a stoploss.
Halving is about 48 days 17 hours from now.
Still enough time to hit an ATH.

No one can predict it but let's take this chance to see historic growth of past cycles. The latest cycle gives us 16x from Low to High and we are already 4x from Low to High in this cycle.
This is one way to look at it. In my optimistic state, I think we go above $150k this cycle, but $120k seems like a very reasonable expectation to plan your investment around.
Problem is not having the assurance or to not be guaranteed of a continuous price increase. Market price charts from previous halving, bullrun took place after months since occurence. However, again, that won't make things certain. What's best to do is to know your risk appetite; if you can afford seeing no matter what direction it goes after your purchase, then you'd be good to go.
legendary
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Although retail money that's going to enter the ecosystem later in the cycle is going to be very important, I believe the entities that will truly make Bitcoin surge meaningfuly this bull  cycle will be government entities. There might currently be one that's not being noticed that has been slowly buying Bitcoin quietly.

Don't let them front-run you. YOU front-run THEM. Buy the DIP and HODL, DCA, do anything you can to buy more Bitcoin.
hero member
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Yeah the normal retail crowd that FOMO's into bull markets hasn't even started coming in yet. They probably won't get excited about Bitcoin again until like this summer once it gets all over the media that Bitcoin has passed its 2021 high and is surging higher. That's what gets those people excited enough to throw their money into something they don't understand haha. The feeling of "omg people are making so much money I gotta jump in right now!"


Though I think this bull run will end a lot earlier than normal. Bull runs always end near the end of the year after the halving, so we've all been expecting this market cycle to end late 2025. But since first the hype around a possible ETF approval, and then the money coming into the ETFs, have raised sped things up, so that the cycle is currently about half a year ahead of where it would normally be, I think we'll see a peak in early 2025 rather than late 2025. The bear market could very well be bottoming by late 2025 when we would normally expect the bull market to be peaking. But we'll see.  Anyway I think we'll see the retail crowd start to FOMO in this summer. They are definitely not here yet.
full member
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Eloncoin.org - Mars, here we come!
The way the bitcoin market moved from last month to today led many people to believe that they had missed out on the party and were left behind. Until the halving, I believe everyone entering the market is still early in the bull and will profit significantly if they act now. We are already counting down to the halving, and if the price breaks or does not break by then, we can predict how high bitcoin will go after breaking the current ATH price. The bull is still in the early stages; there is no need to panic or feel FOMO. You can only get as much as you invest early in bitcoin when the time for bull run reaches and gets to its maximum value at the end of the bullish period.

Buying Bitcoin now is definitely not late, infact with the price prediction we're quite certain that it can hit up to $150k in the peak of bull run, so if a person starts now to hodle, within a year's time, he'll be sure of getting over %100 ROI, I think that'll be a very good deal for any investor. No doubt we're still in the early stage of bull run, and just imagine what will happen after halving, another massive pump because of temporary scarcity, so this is not a time to panic and wish you'd started accumulating earlier, because the party is just getting started. Bitcoin adoption have been massive now because a lot of people are becoming more aware of this bull season, and they want to be a part of it.
legendary
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Halving is about 48 days 17 hours from now.
Still enough time to hit an ATH.

No one can predict it but let's take this chance to see historic growth of past cycles. The latest cycle gives us 16x from Low to High and we are already 4x from Low to High in this cycle.
This is one way to look at it. In my optimistic state, I think we go above $150k this cycle, but $120k seems like a very reasonable expectation to plan your investment around.
hero member
Activity: 672
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No one can predict it but let's take this chance to see historic growth of past cycles. The latest cycle gives us 16x from Low to High and we are already 4x from Low to High in this cycle.

16x like the past cycle is too much so I humbly expect for 8x for this cycle. So we might end up with $120,000 but I don't exclude any chance that Bitcoin will make a bigger than 8x.

The way bitcoin is rallying up before the halving itself happens is actually fascinating and making all speculations a bit hard. Just like what you said I don’t see bitcoin also reaching $200k as new all time but with this ETF hype causing heavy market FOMO I might be wrong. My reason for not seeing it at that price is because I think that bitcoin volatility to me is reducing and the pump and the dump wouldn’t be so massive as in the past.

Your predictions of $120k seems more like mine, just a bit down from it. what I predict is at most 2.5x from the current ATH of $69k. Once it gets to this current ATH even before halving I don’t see it doing more than this 2.5x which brings the price at around $170k to $180k. Other events can actually affects this predictions but i Expect this price In the middle of next year 2025
legendary
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Farewell o_e_l_e_o
We’re not in the peak bull period until Grandma & Uncle Bob start calling & asking how to buy Bitcoin. All jokes aside we’re not even at the halving yet, the peak bull run won’t be until next year. The bull has some way to run yet so sit in & get ready to watch the greatest show on earth. We have Spot ETF demand now, the run to Bitcoin will be like nothing we’ve ever seen.
Grandma & Uncle Bob and our friends who suddenly knock our doors to ask our advice about Bitcoin or help them to invest in Bitcoin, it will be time for thinking of peak. These hype activities will be reflected on Google Trend, Youtube Subscribers, Views even we know there are bias factors on those parameters, they are still helpful.

We've not even had the halving yet, so no one should be thinking they have missed a party that hasn't even started.
Halving is about 48 days 17 hours from now.
https://www.bitcoinblockhalf.com/

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It's easy to not see how high we can go from here, over $100k would seem ridiculous to most and close to $200k would be impossible. This would cause people to put an imaginary price ceiling and then rue the missed chance to get bitcoins while they were cheaper.
No one can predict it but let's take this chance to see historic growth of past cycles. The latest cycle gives us 16x from Low to High and we are already 4x from Low to High in this cycle.

16x like the past cycle is too much so I humbly expect for 8x for this cycle. So we might end up with $120,000 but I don't exclude any chance that Bitcoin will make a bigger than 8x.
sr. member
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The way the bitcoin market moved from last month to today led many people to believe that they had missed out on the party and were left behind. Until the halving, I believe everyone entering the market is still early in the bull and will profit significantly if they act now. We are already counting down to the halving, and if the price breaks or does not break by then, we can predict how high bitcoin will go after breaking the current ATH price. The bull is still in the early stages; there is no need to panic or feel FOMO. You can only get as much as you invest early in bitcoin when the time for bull run reaches and gets to its maximum value at the end of the bullish period.
sr. member
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Reading your post I share that yesterday I saw people commenting something like: "bitcoin is paying well" lol  Cheesy Cheesy...

It's like Bitcoin is a company, and they pay a return on investment. LOL. I remember seeing a meme a couple of years ago that says the Bitcoin CEO decided to increase the price for Christmas or something like that. The problem is that people hear about Bitcoin and quickly invest without proper research. They invest in Bitcoin, but imagine how lazy they are; they don't even know how it works. LOL.

Regarding the bull run, yes, I agree that we are still in the early stages of the bull run. But a lot of people are saying that the bull run hasn't started yet. I want to say, we are in bull run already. Just wait till the halving and we will go further till we make another ATH.
hero member
Activity: 2646
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Nothing lasts forever
It's very different this time. Bitcoin is almost going to break the ATH price as it's very near to it.
We haven't even passed the bitcoin halving yet and it's always that bitcoin breaks the ATH after the halving.
So, yes, we are definitely early. I can't even imagine how high bitcoin would go after few months of BTC halving.
This year is going to show us some serious gains I believe.
full member
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Siga sempre em frente! always move forward!
We’re not in the peak bull period until Grandma & Uncle Bob start calling & asking how to buy Bitcoin. All jokes aside we’re not even at the halving yet, the peak bull run won’t be until next year. The bull has some way to run yet so sit in & get ready to watch the greatest show on earth. We have Spot ETF demand now, the run to Bitcoin will be like nothing we’ve ever seen.

Reading your post I share that yesterday I saw people commenting something like: "bitcoin is paying well" lol  Cheesy Cheesy...

but without a doubt the famous question from Uncle Bob and Grandma are strong signs of the bubble breaking... Let's pay attention to the signs! strong signals... Of people discovering the wonders of bitcoin and asking random questions thinking they will become millionaires the next day by buying satoshis.


But we are still a long way from the top of the cycle.

some patterns are missing: the famous pyramids, new crypto games, new shitcoins, new promises, new eccentric millionaire influencers and television news advertisements showing people who have changed their lives... There are many signs!
legendary
Activity: 2030
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Professional Community manager
We've not even had the halving yet, so no one should be thinking they have missed a party that hasn't even started.

It's easy to not see how high we can go from here, over $100k would seem ridiculous to most and close to $200k would be impossible. This would cause people to put an imaginary price ceiling and then rue the missed chance to get bitcoins while they were cheaper.

Buy and hodl.
legendary
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We’re not in the peak bull period until Grandma & Uncle Bob start calling & asking how to buy Bitcoin. All jokes aside we’re not even at the halving yet, the peak bull run won’t be until next year. The bull has some way to run yet so sit in & get ready to watch the greatest show on earth. We have Spot ETF demand now, the run to Bitcoin will be like nothing we’ve ever seen.
legendary
Activity: 2170
Merit: 3858
Farewell o_e_l_e_o

Institutional investors are whales who are game makers and manipulators but Bitcoin market hits its all time high with very last forces from retail investors. Bitcoin is up more than 44% last month (February) and makes many people feel like they missed the party.

Fact is, it is still early. See some metrics above like
  • Google Trend
  • Youtube Subscribers
  • Youtube Views

Like Youtube or not, we can not deny fact that it is one of most favorite homes of retail investors, newbies in Bitcoin market. It is where they get most exposure and information, to hype themselves in Bitcoin market.

Three charts above show that we are far from peak hype of the past bull market.

Also, let's check
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