Topic: What if there is no crypto bull run for next 10 years ? - page 5. (Read 1144 times)

Fast forwarding on next 10 years, then we cant really even know if this market is still fine or not. Being that optimistic isnt really that bad as long you do know on how to limit out those kind of imaginative approach because

it would really be giving out that kind of hope which would be leading into disappointment and patience would really be that totally be affected specially if you wont really be able to see huge movements as years passing.
Be realistic and not something those kind of approaches where price or numbers are already too much or something that cant really happen even if the adoption and recognition would really be increasing.
We dont know on what the future holds and we dont know on what would actually happen into those years.

But in speaking about Bull run cycles then it would be inevitable and same goes for bears too.This is why being wise on placing yourself into those positions on which you could really be able to take advantage on the time
which these moments would come. Missing out would be likely if you do just keep on speculating but didnt really make out actions.

I don't need a bull run. What I need is a stable price, but I'll take an unstable bull run too.
OP asks a strange question, because if there's no bull run then what? Slow increase, or slow decline, or maybe a sharp decline?

If we were to drop from here I'd hold because I'm not selling anywhere below 50% of the last ATH, so maybe if I were in need, I'd sell some bitcoin at 35k and above, but below 30 it's all or nothing for me. It doesn't matter if the price is 20k or 10k, I won't touch my coins.
If we stay in the 30-40k range, I'll be fine even if I have to wait 10 years. A good store of value is always appreciated.

The correlation of sentences that are quite interesting with explanations that can be understood, makes it so easy for me to understand what you are conveying, sir.
The possibility of an increase will definitely occur in bitcoin, we can also see that ATL is getting higher every cycle which shows that more and more people believe in bitcoin, even though in theory ATL was formed in this cycle due to the encouragement of the bankruptcy of the Altcoin project, bad economic and global political turmoil, but what happens to bitcoin holders they respond quite confidently that will also happen to the new ATH on bitcoin.

If you look at the popularity situation regarding bitcoin, each cycle continues to experience a significant increase, including in my country more and more influencers are explaining about bitcoin which has an impact on the education of young people in my country's introduction to bitcoin, I think this is also happening in other countries. . Logically, if bitcoin experiences a significant movement or even reaches a bull run in this cycle, it will get massive new retail investors, or those who are still unsure about bitcoin will decide to jump in.

I wish more people knew and realized this. I can also talk about bitcoin becoming 1 billion dollar each in the next 10 years as an opposition to this, but would that make sense? Of course not, it would not make sense at all. We shouldn't spend our time thinking about things that will not happen, we should talk about it as much as we know how to and what to make of it, that would make a lot more sense in the end.

I understand that it is not that simple but at the end of the day we could grow up to be doing something that is a lot different in the end. I hope that we could reach to a point where we can make some money with bitcoin in the next 10 years and this topic would not be important by that time when we do.

It's obvious that Bitcoin has already experienced a bullrun this year, what i want you to understand in cryptocurrency bullrun of cryptocurrency is that sometimes it occurs only once in a year or twice in a year, starting from January of 2023 Bitcoin has been acting positively in the market, and since it started depreciating and sometimes it will add little in value and still fall back, which it's obvious that is fluctuating nobody can tell if we shall experience another bullish market or season in 2024 or it will drastically continue to be experiencing degradation in values.

Of course, the most logical thing to do is to rely on what is most probable, not on what is improbable. You can think many similar things. What if I'm walking down the street and a brick falls on my head or I'm struck by lightning? These are events that can happen, but they are extremely improbable, and you are not going to base your life, your actions, on them, like staying at home to avoid being killed by a brick that comes loose and falls from a building.

The same with Bitcoin. Chances are that the price will continue to rise, albeit with volatility and slower and slower, over the next 10 years.

There are several possibilities from each cycle, and I think about the Bullrun event will come, and that will never run away from the Bitcoin cycle.
Keep in mind that some of the previous Bitcoin cycles, many analysts are even worse to say about Bitcoin, namely they say Bitcoin is dead, because the movement of Bitcoin stagnant in a few months that has no development at all, but what happened, Bitcoin refused and Bitcoin boom experienced a significant increase in each Bullrun to create a new ATH each cycle. After Halving, the possibility of Bullrun is only a few percent, but usually after Halving will start the market with green candles every day.
Like yesterday's cycle, Bitcoin experienced an increase or changed to a continued Bullrun phase a few months later and the formation of ATH a year afterwards.

No one knows with certainty that what will happen after halving. But based on past halvings we can speculate that price may go up not immediately but after sometimes. Those who have faith in price of Bitcoin are accumulating discounted bitcoins at the moment while the light hearted are paying attention to speculation that price of Bitcoin is going below 20k. Its time to HODL and show some strength as Bitcoin hodler.

You have a point there, I also believe that if bitcoin wasn't volatile and profitable for us in the first place then we certainly wouldn't be here and bitcoin wouldn't be as popular as it is today. Like the daily bitcoin articles, they always focus on the volatility of bitcoin and that is also creating an appeal to attract more people. If bitcoin becomes stable, we will never see its popularity become so strong. Those who are disappointed that bitcoin cannot become a currency should also think about this.

Yeah, I mean the cycle hasn't been broken, so I doubt that this is going to be the first time that we are going to see that. No bull run? nah, not going to happen. Perhaps if the price is really that big in the future, maybe it will go and not have a new all time high after the halving.

But since we are still in the infancy, then there is more room to growth in the market and so with that, we might see new all time high every halving years, perhaps in the next couple of halvings in the future.

For those who are new to the market and have a chance to buy bitcoin for 15k or 16k USD this is clearly seen as a win for them, they have doubled their profits so it is not wrong that they call this price increase season. As for old investors, those who bought bitcoin at higher prices know that it is just bitcoin's recovery after the severe dumping in 2021. 

Doubling is also considered a huge increase and not a small increase for bitcoin, but unfortunately many people bought at a high price and haven't even broken even yet so no one considers it a price increase so it's understandable.

I mean the cryptocurrency market is just so volatile and we can't really predict the market so it is probably possible to not have a Bull run in the next 10 years It is possible but it doesn't mean that it is going to happen even though it is possible, A lot of factors are going to affect the market price of Bitcoin so something could happen like for example war maybe world war III is going to happen next year, so are we sure that the market is just going to circulate the same way or the traditional way? I mean on the world war market price of Bitcoin could just drop to 100$ or maybe could skyrocket to a million dollars.

Let's be real here a lot of people are investing in cryptocurrency because of the profit probably almost all of the investors here are just aiming for profit, I mean this is an investment and that is just the main goal of it to earn profit. There are some kinds of fandom and believers or we could say that but you are lying if you're going to say that you just want to buy Bitcoin and aim for a possible profit in the future.

Personally, I am not sure what I'm going to do if, in the next 10 years, there is no kind of Bullrun, not sure I'm going to be fine since I have multiple sources of income and I don't really rely on Bitcoin profit as my main source of income so I don't have a problem surviving.

Exactly, if the stock market went through the same growth of bitcoin during the same period I am pretty sure economists will consider it one of the greatest bull markets in the history of the world, and yet for those which are part of this market this is nothing.

And I understand them as they are expecting for the bull run to break into six figures territory, and compared to that the growth that we have experimented so far is barely worth to mention.

It's the opposite, the tendency (cyclicality of Bitcoin's price movement) suggests we will have another bull run after the halving.
Funny enough, some could argue that Bitcoin has already experienced bull run this year, as its price almost doubled, going from sub-16k to over 31k. Of course, the Bitcoin community's expectations are far greater than that, so we're still waiting for THE bull run to happen.

Their is every tendency that they will no be occurrence of bullrun. Because when looking at it properly its obvious that bullrun can not occur because its an information and gravity of investors that can make the marketcap of cryptocurrency to experience bullrun and bearish season, maybe we are expecting to experience bullrun in year 2023 but due negative information intercept and the market drop, so I used as a point of views and also an exaggeration, so something of this kind can happen next year come 2024, this is a personal assumption without evidence or backup.

Many people make the mistake of purchasing bitcoin solely for the potential profit, but there are other benefits as well. Bitcoin offers us a lot and overcomes a lot of problems; it allows us complete control over our assets while also allowing us to benefit from its volatility. Many people don't know the basic motivation for its establishment, so they just perceive it as a means of getting money, which is not what it is intended to be.

I understand that you adopted bitcoin purely for financial gain, but I hope you will be able to see bitcoin for what it was intended and not be so worried about the bull run. Bull run will happen when it happens, so it doesn't matter how long it takes since even if it takes up to 10 years, it doesn't mean I should sell my investment because I am not into bitcoin for the profit only; I also see it as a way to have complete control over my finances.

If you are not in for the profit alone you won’t be bothered about any situation that comes along the way so I don’t have any reason to be overly prepared i will just flow with any situation we encounter along the way.

Yes, that's right, and everyone should be able to take advantage of that situation because that's the only thing that can lead to real benefits and also a big part of our goal there. Everyone has their own way of investing and obviously they're going to have their own analysis that they think is accurate from previous trials, so you can just keep going with the plan that you have, like you said, until they reach the target that they've set.

Yes of course I also agree to the advice and suggestions of some people regarding accumulation, because indeed by doing so we will potentially get something better, but honestly I'm not too sure that some of them even including me can do it right. A few months ago one of my colleagues told me one strategy that he said was highly recommended especially for beginners, and when I tried it, it was true that I felt very safe from some things that were not wanted, it seemed to make me feel even more relieved. Honestly it is quite difficult to be able to fully predict in the long term regarding how high bitcoin will rise or even go down to the bottom of the sea, but yes, we just pray that what we have parked now in bitcoin can make significant profits for the next 10 years. So stay consistent and be patient. 

Of course, there are two cycles that occur in the price of bitcoin that you can take advantage of. You certainly have a good understanding of how and when is the right time to buy and when is the right time to sell, so I hope you are really able to stick with that plan until your target is achieved.

Nowadays the average person recommends accumulation. Of course I agree with that recommendation, but I think they should also be wise enough to do it. Bitcoin still has the potential to lose some of its value amidst market uncertainty, so take precautions such as carrying out DCA when accumulating even if you plan to hold it for the long term. In 10 years prices will go even higher, but no one can say for sure.

From your question, maybe I have to go back a little the main purpose of Bitcoin was created.

Basics to understand.

If you understand the main basis for creating Bitcoin, of course you won't be dizzy and confused if Bitcoin doesn't move for the next 10 years, investment, speculation, predictions and so on, apart from the main goal being the thoughts of bitcoin users, experts, investors and so on and other reasons based on ATH that has happened once every four years, those are the basic points that must be understood.

Investment in Bitcoin, if you do it it's a risk for you, if, if and if it goes up of course it's big luck for you, if you buy it Bitcoin, but for 10 years it doesn't go up, that's also a risk for you, you have to return to the main goal of Bitcoin, so that you can easily understand investment and Bitcoin.

Bitcoin have got multiple usage and bitcoin being a currency is one amongst. Satoshi innovated bitcoin for some reason, but this have been used for many needs. If bitcoin haven't experienced much of bullish move the network might've not gained such a popularity as now. The growth could've happened in a slow and stabilized manner.

Slowly the acceptance of bitcoin is increasing around the world. Some countries legalizing bitcoin is an added benefit. The limited supply is a big thing that will keep bitcoin at its best unlike the market variation happening with time.