What if there is no crypto bull run for next 10 years ? - page 2.

Wiwo

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Quote from: krishnaverma on August 27, 2023, 11:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.

The uncertainty of when the next bull run will come is what make bitcoin investment a volatile one, and the main reasons why every bitcoin investors are advice to first build the knowledge needed first and knowing at the back of your mind that you should only hold an amount of bitcoin that you can afford to hold for long even though there is high tendency that Bitcoin will taste the bull market at most once every 5-year cycle in not more than once.

And there is some correction in the price in between that always gives investors the chance to take a position in the market and to come out with something useful in the form of using the DCA approach to shape up their investments.

bayu7adi

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I'm not being hypocritical when I admit that I'm also seeking to profit from the accumulation of my Bitcoin purchases. While I do frequently use Bitcoin for transactions, there's nothing wrong with aiming to benefit from it as well. We can generate extra income from these profits, so if, for instance, over ten years, there's no significant price movement, the BTC in my wallet might diminish primarily for transactional purposes.

As for the portion of Bitcoin that I hope will yield returns, I plan to employ it in real-world businesses to support my livelihood. All of this I undertake without diminishing my respect for the existence of Bitcoin.

Having a dual function is undoubtedly intriguing, but I observe that many individuals today prefer Bitcoin to remain volatile. This not only serves the purpose of seeking profits but also ensures that there remains a strong interest in it.

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It is difficult for us to predict what would have happened. I expect the price growth would have been slow and stable. This tech would have been full of tech savy people within a small group. New ideas like AI, Web3 would have been developed though big tech companies which eventually led to a loss of interest over previous technologies. The whole altcoin industry wouldn't exist.

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Quote from: kotajikikox on October 11, 2023, 03:48:40 AM

Quote from: uswa56 on September 20, 2023, 05:28:30 AM

Quote from: G_Besar on September 19, 2023, 04:14:08 AM

Quote from: jasonjm on September 19, 2023, 12:12:05 AM

If you are positive about Bitcoin's future, then you should be optimistic about the BTC bull run, this is how you will be earning some profits. As far as the bull run in the coming years is concerned, there will be a bull run in the coming year or two because the stock/ crypto market will not survive without it. If there is no bull run in the stock/ crypto market, the market will stand still and not grow. To make people interested, these fluctuations in the market are bound to happen.

Price increases will always exist in the market as long as there is demand and supply which in general has not stopped until now, so this certainly needs to be believed by everyone who believes in Bitcoin and other shares in the market. Although on the other hand, everyone must also understand that declines can always occur in the market so that we can all always be ready to face all conditions that often arise in the market, such as falling and rising prices.

So far Bitcoin price movements continue to occur and are even very fast so it sounds strange if someone says there won't be another price increase in the next 10 years, in my opinion that won't be possible unless what is meant is a significant increase, well if that's up to people's predictions each because no one knows the future.
In fact, we all have our own views and beliefs, so when we believe, we do what we believe and vice versa.

not sure about that movement continue to occur because upon checking the market , bitcoin stays stagnant at 26-27k.

https://coinmarketcap.com/currencies/bitcoin/

but in the net 10 years? there are lot to come for bitcoin and if that happens to what you said? then maybe it is the time to leave crypto and go in physical business.
but Bitcoin will stay strong and that is for what I do believe.

Even trying out to project on 5 years time then it would really be that long enough for us to tell that there's no way on knowing on what would the future holds because in overall it would really be always that pertaining about on the demand and recognition plus with those possible sentiments that would really be that affecting in overall movement which we know that its always been that an integral part of any market which it isnt really just that limited to crypto but also in other markets as well.If we do speak about bull run cycle then we dont know if it would be changing up from 4year to 6years or 10 year cycle and there's no way on knowing that considering that there are different driving force on which it would really be making out that significant movement of price in the market. If there would really be no bull run on next 10 years then most probably on which investors and supporters of this market isnt really that seeing that too good within this space yet having no movement over the course of 10 years does signifies that interest and demand
is really that slowly fading and for sure there would really be other markets on which investors are really that focusing into. Well thats always an assumption on things.

WatChe

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Quote from: OgNasty on September 21, 2023, 10:03:43 AM

I think if there wasn’t a bull run every four years then Bitcoin would struggle. Now that it’s taken the stance of being digital gold, its main selling point is that it goes up in price against the dollar. As soon as a 4-year cycle passes without a new high, I think a lot of speculators would abandon the market causing a falling feedback loop. As digital gold isn’t useful if it doesn’t hold value.

If you see 10 years history of Bitcoin then its very much clear that Bitcoin has shown enormous improvement in its value. Starting its journey from 0$ back in 2009, Bitcoin manage to touch 69k$ in ten years. Although volatility is attached with Bitcoin but still we see that Bitcoin is maintaining its value.
Year 2023 is different in a sense that we see somewhat stability in price of Bitcoin. If Bitcoin can maintain stability in its price then its value will also go up with time because of demand and supply.

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Quote from: uswa56 on September 20, 2023, 05:28:30 AM

Quote from: G_Besar on September 19, 2023, 04:14:08 AM

Quote from: jasonjm on September 19, 2023, 12:12:05 AM

If you are positive about Bitcoin's future, then you should be optimistic about the BTC bull run, this is how you will be earning some profits. As far as the bull run in the coming years is concerned, there will be a bull run in the coming year or two because the stock/ crypto market will not survive without it. If there is no bull run in the stock/ crypto market, the market will stand still and not grow. To make people interested, these fluctuations in the market are bound to happen.

Price increases will always exist in the market as long as there is demand and supply which in general has not stopped until now, so this certainly needs to be believed by everyone who believes in Bitcoin and other shares in the market. Although on the other hand, everyone must also understand that declines can always occur in the market so that we can all always be ready to face all conditions that often arise in the market, such as falling and rising prices.

So far Bitcoin price movements continue to occur and are even very fast so it sounds strange if someone says there won't be another price increase in the next 10 years, in my opinion that won't be possible unless what is meant is a significant increase, well if that's up to people's predictions each because no one knows the future.
In fact, we all have our own views and beliefs, so when we believe, we do what we believe and vice versa.

not sure about that movement continue to occur because upon checking the market , bitcoin stays stagnant at 26-27k.

https://coinmarketcap.com/currencies/bitcoin/

but in the net 10 years? there are lot to come for bitcoin and if that happens to what you said? then maybe it is the time to leave crypto and go in physical business.
but Bitcoin will stay strong and that is for what I do believe.

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Quote from: krishnaverma on August 27, 2023, 11:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

For crypto in general, it is possible that in the next ten years there will be no fundamental increase. But when it comes to bitcoin, this is impossible because its journey has a cyclical process that repeats itself every four years. Waiting for a long time is quite a tedious decision and that's why I prefer investing in bitcoin because we can see ATH after the four-year process takes place.

Quote from: krishnaverma on August 27, 2023, 11:21:53 PM

Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.

Don't worry and if you think bitcoin is one of the targets you want to achieve then just focus on how to collect it. Learn about the previous Bitcoin journey process so that you will have complete and complete knowledge of Bitcoin. Bitcoin is indeed one of the best investments in the long term and that strength is what drives many people to want to invest.

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TBH Bitcoin is much more than just having a price tag attached to it, however keeping it on topic, I'll tell you something. In a matter of a decade and 3 years more, BTC that was not worth even a cent is currently about $26.5k and had an ATH of nearly $69k. Now, just think that if you've got the appetite to hold BTC for that long for straight 13 years ahead (as you said you believe in BTC's future), then not giving a shit to BTC's price till then should be your motive. It only bothers to spot traders because futures and margin traders know they can make great profits even when BTC falls down.

pawel7777

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Quote from: OgNasty on September 21, 2023, 10:03:43 AM

I think if there wasn’t a bull run every four years then Bitcoin would struggle. Now that it’s taken the stance of being digital gold, its main selling point is that it goes up in price against the dollar. As soon as a 4-year cycle passes without a new high, I think a lot of speculators would abandon the market causing a falling feedback loop. As digital gold isn’t useful if it doesn’t hold value.

I'm worried of that too, but it's not like 4-year cycles are the only thing that could drive the price up. Since these cycles are based on halvings, it's inevitable and expected that they won't last forever (due to diminishing block rewards).
Eventually BTC will have to start acting like all other investments with price action being news-driven. Some demand from speculators wanting to capitalise on bull-run predictivity could get replaced i.e. by demand from spot ETFs (if approved). In the long run it all could work well for Bitcoin.

OgNasty

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I think if there wasn’t a bull run every four years then Bitcoin would struggle. Now that it’s taken the stance of being digital gold, its main selling point is that it goes up in price against the dollar. As soon as a 4-year cycle passes without a new high, I think a lot of speculators would abandon the market causing a falling feedback loop. As digital gold isn’t useful if it doesn’t hold value.

Falconer

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Quote from: uswa56 on September 20, 2023, 05:28:30 AM

Quote from: G_Besar on September 19, 2023, 04:14:08 AM

-snip-

So far Bitcoin price movements continue to occur and are even very fast so it sounds strange if someone says there won't be another price increase in the next 10 years, in my opinion that won't be possible unless what is meant is a significant increase, well if that's up to people's predictions each because no one knows the future.
In fact, we all have our own views and beliefs, so when we believe, we do what we believe and vice versa.

There is only one scenario where the price of bitcoin is likely to fall very deeply and not recover quickly, namely if there is a major crash in the crypto industry. So far I can't expect such a breakdown and I tend to think the crypto industry will develop even more rapidly in the next 10 years. Price increases can be expected, but volatility (fluctuation) will always accompany the passage of time.

If in the next 10 years the price of the crypto you are referring to does not move, then I think you should leave the crypto outside your portfolio. But I don't expect that to happen to bitcoin, but it could probably happen to most altcoins.

Yamifoud

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Quote from: Oasisman on September 19, 2023, 01:09:27 AM

Quote from: krishnaverma on August 27, 2023, 11:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Purely depends on the market sentiments. As of now, there's no way a bullrun will not happen in the next 10 years, judging alone how hype the people are in crypto on the upcoming bitcoin halving. We've seen a lot of companies and small merchants and service providers who gradually accepts bitcoin, so it is already expected that bitcoin will continue to gain more and more popularity as well as the adoption.
Therefore, we should not be worried about this hypothetical question as it's still far from happening.

We can't say it was impossible because it is already happened several times. Yes, it depends on the market sentiment but what will happen in the future lies in the hands of the investors as well. If we all have the same mindset of growing our investment, I was certain that always have room in the crypto market.
I admit this is purely a prediction and can be possibly wrong. However, given the fact that there is a growing trend of crypto investors, why not believe that it will come?

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Quote from: uswa56 on September 20, 2023, 05:28:30 AM

Quote from: G_Besar on September 19, 2023, 04:14:08 AM

Quote from: jasonjm on September 19, 2023, 12:12:05 AM

If you are positive about Bitcoin's future, then you should be optimistic about the BTC bull run, this is how you will be earning some profits. As far as the bull run in the coming years is concerned, there will be a bull run in the coming year or two because the stock/ crypto market will not survive without it. If there is no bull run in the stock/ crypto market, the market will stand still and not grow. To make people interested, these fluctuations in the market are bound to happen.

Price increases will always exist in the market as long as there is demand and supply which in general has not stopped until now, so this certainly needs to be believed by everyone who believes in Bitcoin and other shares in the market. Although on the other hand, everyone must also understand that declines can always occur in the market so that we can all always be ready to face all conditions that often arise in the market, such as falling and rising prices.

So far Bitcoin price movements continue to occur and are even very fast so it sounds strange if someone says there won't be another price increase in the next 10 years, in my opinion that won't be possible unless what is meant is a significant increase, well if that's up to people's predictions each because no one knows the future.
In fact, we all have our own views and beliefs, so when we believe, we do what we believe and vice versa.

I think simply, cryptocurrency is a financial market and as jasonjm said, the market would not be able to exist without volatility. Furthermore, to maintain existence and develop further, it is necessary to attract more participants, the more people there are, the more the market will develop. Therefore, market makers will always make the market fluctuate and create outstanding events to attract attention and attract investors.

I never thought that the market would stop being volatile for even a day, let alone that volatility would disappear. That is not possible in financial markets because volatility is the main factor to maintain the existence of the market.

jostorres

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Quote from: FanEagle on September 18, 2023, 12:05:03 PM

Also, the more people we have, the harder it will get to get new customers as well. I mean if you have everyone involved already, it would be hard to convince the last people, they waited that long, they may have a solid reason that we can't change. So, the long time we spend with this adoption rate, the harder it gets to convince others and we should be careful about it.

I personally do agree that it is going to have some trouble here and there, but we could definitely have some changes. I believe that we are going to have some issues on the long run, and for that we need to figure out a way other than "if you buy bitcoin, it will go up in the future" type of convincing, we need something bigger than that to grow.

The only thing other than the growing price of Bitcoin is the use cases it provides to its users that can be used to convince people but that is not going to be as effective as the price because most people are adopting Bitcoin not for its use cases but because they see it going up and they believe they will get good returns if they buy Bitcoin right now. If they see that there is absolutely no growth, or even if there is, it isn't significant enough to provide them any profit, they will barely be interested.

So, if there is no growth and no bull run for 10 years, the pace at which the adoption is going right now will decrease greatly, and we can barely have any way to convince people to still buy Bitcoin if they don't see any incentive connected to it and that will surely affect the adoption rate that we have.

uswa56

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Quote from: G_Besar on September 19, 2023, 04:14:08 AM

Quote from: jasonjm on September 19, 2023, 12:12:05 AM

If you are positive about Bitcoin's future, then you should be optimistic about the BTC bull run, this is how you will be earning some profits. As far as the bull run in the coming years is concerned, there will be a bull run in the coming year or two because the stock/ crypto market will not survive without it. If there is no bull run in the stock/ crypto market, the market will stand still and not grow. To make people interested, these fluctuations in the market are bound to happen.

Price increases will always exist in the market as long as there is demand and supply which in general has not stopped until now, so this certainly needs to be believed by everyone who believes in Bitcoin and other shares in the market. Although on the other hand, everyone must also understand that declines can always occur in the market so that we can all always be ready to face all conditions that often arise in the market, such as falling and rising prices.

So far Bitcoin price movements continue to occur and are even very fast so it sounds strange if someone says there won't be another price increase in the next 10 years, in my opinion that won't be possible unless what is meant is a significant increase, well if that's up to people's predictions each because no one knows the future.
In fact, we all have our own views and beliefs, so when we believe, we do what we believe and vice versa.

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Quote from: peter0425 on September 19, 2023, 07:01:30 AM

Quote from: Oasisman on September 19, 2023, 01:09:27 AM

Quote from: krishnaverma on August 27, 2023, 11:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Purely depends on the market sentiments. As of now, there's no way a bullrun will not happen in the next 10 years, judging alone how hype the people are in crypto on the upcoming bitcoin halving. We've seen a lot of companies and small merchants and service providers who gradually accepts bitcoin, so it is already expected that bitcoin will continue to gain more and more popularity as well as the adoption.
Therefore, we should not be worried about this hypothetical question as it's still far from happening.

like what you said mate , 10 years an over statement and I will never convince myself
from believing it would happen (at least not in this coming halving )
and if that happens? maybe that is the time to try finding other place to invest because 10 years of no bullrun at all with Miners need to Halve means the dying market of cryptocurrency and not just bitcoin.

People are even trying out to apply when it comes to on year to year basis on which if there's some significant pump then this is where they would really be telling and saying its the start of the bull run
but basing up with the history or past events then its really clear that we do really have that 4 year cycle on which it is really that common that people would really be always be expecting something big
whenever Bitcoin halving happens and several months that it would really be possibly be able to kick in. We havent failed and it did really make out those new all time highs whenever we do hit up these numbers
but we know that it isnt something that could be known on what would happen in next 10 years which lots of things could happen along the way.

Its true that when it comes to demand and interest then we could really be able to say that there's so much interest that we do have with Bitcoin on which it would really be just that impossible that there would be no bull run cycle on every 4 years.If ever this one happens then there's something wrong within this market which it is really that unlike to happen i should say.

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Quote from: Oasisman on September 19, 2023, 01:09:27 AM

Quote from: krishnaverma on August 27, 2023, 11:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Purely depends on the market sentiments. As of now, there's no way a bullrun will not happen in the next 10 years, judging alone how hype the people are in crypto on the upcoming bitcoin halving. We've seen a lot of companies and small merchants and service providers who gradually accepts bitcoin, so it is already expected that bitcoin will continue to gain more and more popularity as well as the adoption.
Therefore, we should not be worried about this hypothetical question as it's still far from happening.

like what you said mate , 10 years an over statement and I will never convince myself
from believing it would happen (at least not in this coming halving )
and if that happens? maybe that is the time to try finding other place to invest because 10 years of no bullrun at all with Miners need to Halve means the dying market of cryptocurrency and not just bitcoin.

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Quote from: BALIK on September 19, 2023, 03:59:13 AM

Quote from: Oasisman on September 19, 2023, 01:09:27 AM

Quote from: krishnaverma on August 27, 2023, 11:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Purely depends on the market sentiments. As of now, there's no way a bullrun will not happen in the next 10 years, judging alone how hype the people are in crypto on the upcoming bitcoin halving. We've seen a lot of companies and small merchants and service providers who gradually accepts bitcoin, so it is already expected that bitcoin will continue to gain more and more popularity as well as the adoption.
Therefore, we should not be worried about this hypothetical question as it's still far from happening.

That's right, there's nothing to worry about OP's question. In addition to the reasons you mentioned, let's not forget that this is a financial market, so I believe that market makers will always make the market fluctuate to attract more investors because that is how they make money. Look at the stock market and the forex market, they are no more volatile than crypto but they never stop being volatile. If they stop being volatile, everyone will leave the market and the game will be over. I'm pretty confident that, market makers will never let that happen.

And what we have to see and know is that the development and progress of the crypto market, especially Bitcoin, continues to grow and continues to be popular. So with this real incident, it is impossible that in the next 10 years there will be no increase, and the crypto market is a market that is not free from fluctuations, even though users continue to increase, declines still occur.
And all investors here take advantage of volatility to buy when the market is down and take profits when the market is up, and there are also those who trade and this is what makes the market unstable. So there will always be an increase and the most striking thing is because there are more and more users from various circles and with different goals, but in the long term there will definitely be an increase, even exceeding the previous highest price.

G_Besar

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Quote from: jasonjm on September 19, 2023, 12:12:05 AM

If you are positive about Bitcoin's future, then you should be optimistic about the BTC bull run, this is how you will be earning some profits. As far as the bull run in the coming years is concerned, there will be a bull run in the coming year or two because the stock/ crypto market will not survive without it. If there is no bull run in the stock/ crypto market, the market will stand still and not grow. To make people interested, these fluctuations in the market are bound to happen.

Price increases will always exist in the market as long as there is demand and supply which in general has not stopped until now, so this certainly needs to be believed by everyone who believes in Bitcoin and other shares in the market. Although on the other hand, everyone must also understand that declines can always occur in the market so that we can all always be ready to face all conditions that often arise in the market, such as falling and rising prices.

Quote

If you want to prepare for the worst possible situation, I suggest you invest some of your capital in offline business and have some liquid cash. This way, you will survive the worst situation.

People who are ready to face the worst possibility in life under any conditions are people who put their money in three places at once, these places are offline businesses as you said, and also investments such as Bitcoin and cash stored in banks or at home for urgent needs. In this way, I think we or anyone will always be ready to face every worst possibility that could happen unexpectedly in life.

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Quote from: Oasisman on September 19, 2023, 01:09:27 AM

Quote from: krishnaverma on August 27, 2023, 11:21:53 PM

What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Purely depends on the market sentiments. As of now, there's no way a bullrun will not happen in the next 10 years, judging alone how hype the people are in crypto on the upcoming bitcoin halving. We've seen a lot of companies and small merchants and service providers who gradually accepts bitcoin, so it is already expected that bitcoin will continue to gain more and more popularity as well as the adoption.
Therefore, we should not be worried about this hypothetical question as it's still far from happening.

That's right, there's nothing to worry about OP's question. In addition to the reasons you mentioned, let's not forget that this is a financial market, so I believe that market makers will always make the market fluctuate to attract more investors because that is how they make money. Look at the stock market and the forex market, they are no more volatile than crypto but they never stop being volatile. If they stop being volatile, everyone will leave the market and the game will be over. I'm pretty confident that, market makers will never let that happen.

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