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Topic: What's your plan for the next bull-bear cycle? (Read 947 times)

hero member
Activity: 798
Merit: 527
November 22, 2018, 11:25:19 AM
#83
I think I will change my coins to ethereum when the next bull comes. Right now I am afraid of doing any moves and scared of losing money to be honest from all the hectic movements but when the time comes I feel like ethereum has a bigger shot at getting much more % return of my investment then bitcoin. I honestly don't have any other idea right now.

The coins are so low that if I cash out right now it would mean I will eat a chunk of loss that I do not want to lose however as long as I keep my coins at these levels I do not really get anything in return neither with the market constantly dropping, so we are in a state of "in between zone" and can't get out. We can't sell because its low but its low so we can't make profit too. Hopefully when the next bull comes it won't be something small, I really hope it is "oh my god what happened" type of huge spike.
sr. member
Activity: 728
Merit: 250
Many are not going to be here when the next bull market begins, it saddens me to see that many are giving up any hope in the market of cryptocurrencies because the losses that they are sustaining are so big that it is impossible for them to keep holding their coins anymore.
newbie
Activity: 36
Merit: 0
My plan is not really that great but it doesn't need to be as long as it gives profits, but what I'm trying to do is that I really believe that we are going to see a small correction in the price of most altcoins and I'm trying to catch that moment, if I'm right and that correction happens I will obtain some nice profits and then I will just sell those coins, buy bitcoin again and then hold it.
The plan is to make use of the current down value by investing in the coins which are available at low value and which could make you big money if they are traded in the green market. In addition, the cost of making a diverse portfolio would make the market easier to invest.
full member
Activity: 756
Merit: 102
I still hold a bit of bitcoin to date, and I will sell it when the next bull cycle occurs. I put great trust in 2019 and I'm sure the next bull will happen there.

Same here , i also hold some btc and alts on my purse but im not planning to sell them now even though i trully in need of cash because it will just hurt to much .

Im also hopping that the next bull run will finally come on the year 2019 but for now , i just foccus on buying more cryptos everytime i had a spare money on my own wallet .

 
Most of us talking about 2020. when is Bitcoin halving, but price spike usually comes year after that, so I am waiting next spike which could be in 2021. I hope that I will overcome my greed in this days.

2020 and 2021 are too long to go   , im not sure if i can stil wait for that year to come but i strongly believe that btc can still recover anf pump within this year especially when we hit the month of december .
newbie
Activity: 34
Merit: 0
My plan is not really that great but it doesn't need to be as long as it gives profits, but what I'm trying to do is that I really believe that we are going to see a small correction in the price of most altcoins and I'm trying to catch that moment, if I'm right and that correction happens I will obtain some nice profits and then I will just sell those coins, buy bitcoin again and then hold it.
That is great. Don’t worry you will be fine and will have nice profits. It seems you have planned well for your coming days. Everyone should be prepared for profits and losses.
sr. member
Activity: 756
Merit: 252
My plan is not really that great but it doesn't need to be as long as it gives profits, but what I'm trying to do is that I really believe that we are going to see a small correction in the price of most altcoins and I'm trying to catch that moment, if I'm right and that correction happens I will obtain some nice profits and then I will just sell those coins, buy bitcoin again and then hold it.
hero member
Activity: 1666
Merit: 753
Quote
I think the next peak will be between $100k and $200k and likely occur in 2020, so my plan is to probably sell most of my Bitcoin hopefully averaging just over $100k.

Very difficult to say whether this will happen or not.

For me, it doesn't really matter. I'm looking at this bear market right now as an opportunity to dollar cost average and accumulate as much coins as I can, at a rate of under $7k which I believe will look like a steal in the long term.

If the markets do get overheated again like the 2018 bull market which is quite likely, I would sell some (obviously difficult to predict where exactly it's going to end up) as everyone starts to FOMO and mainstream media turns bullish again, while buying back in after the bull market passes. But the general strategy is still holding in my opinion, I'm not rushed to sell due to the fact that I got in relatively early for the majority of my BTC, and I do believe in a possible increased adoption rate in the near future.
full member
Activity: 1442
Merit: 108
I still hold a bit of bitcoin to date, and I will sell it when the next bull cycle occurs. I put great trust in 2019 and I'm sure the next bull will happen there.
member
Activity: 308
Merit: 35
I read the word "noobs" a lot around these forums, and there seems to be what I suspect is a very wrong assumption that only "noobs" buy and sell at terrible times. A lot of big losers dabble at crypto or just watch bitcoin and other coins a long time, but get in after the pump has gone too far.

Like I said I've no idea what everyone's circumstances are but that particular user's - account at least - has been present for two full bubbles, from $150 to $1200 and back to $150 then $20,000.

Somewhere in there you'd hope that $6500 meant being above break even after half a decade.


Talking about greed, people will probably wait for ath and sell everything then the bubble will burst out. Hence, selling on top will br their goal.

No one sells at the top apart from a tiny handful of people. Most others are too greedy and hang on all the way down.

I can see most daytraders getting their asses handed to them in 2017. Hodlers are still hodling. And the game continues....
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I read the word "noobs" a lot around these forums, and there seems to be what I suspect is a very wrong assumption that only "noobs" buy and sell at terrible times. A lot of big losers dabble at crypto or just watch bitcoin and other coins a long time, but get in after the pump has gone too far.

Like I said I've no idea what everyone's circumstances are but that particular user's - account at least - has been present for two full bubbles, from $150 to $1200 and back to $150 then $20,000.

Somewhere in there you'd hope that $6500 meant being above break even after half a decade.


Talking about greed, people will probably wait for ath and sell everything then the bubble will burst out. Hence, selling on top will br their goal.

No one sells at the top apart from a tiny handful of people. Most others are too greedy and hang on all the way down.
member
Activity: 308
Merit: 35
I have been living a very difficult life because of the hardships drop on the bitcoin created for me.

I know everyone meanders down a different path, but you've been here for over five years now. Surely you're a little bit insulated by an earlier arrival than average? I can see how someone who turned up last December would be sad. Less so several years back. None of my business of course.

I read the word "noobs" a lot around these forums, and there seems to be what I suspect is a very wrong assumption that only "noobs" buy and sell at terrible times. A lot of big losers dabble at crypto or just watch bitcoin and other coins a long time, but get in after the pump has gone too far.
legendary
Activity: 2688
Merit: 13334
BTC + Crossfit, living life.
HODL-try to gain some more BTC every where possible
STT
legendary
Activity: 4102
Merit: 1454
and when the bubble is happening, greed takes over. most people either sell way too low before price goes parabolic, or they wait until after price crashes out of greed. very few people get to sell the top.

Forget personal perspective or bias on this for second, the market overall is only really going to go up with higher usage even if its just for value transfer.   Ultimately people criticise BTC for not having a greater purpose, an underlying usage such as the metals or various commodities have.

gold bugs criticize it for that, and they're biased. money doesn't require underlying utility. all that does is make supply less predictable. the inelastic and linear demand from underlying commodity usage is a drop in the bucket compared to the exponentially growing value implied by metcalfe's law.

The bubble dynamic only makes me think of the time it will pop, I dont count any of that as a positive or a reason I will hold.   Bubble represents the end to me and I see the US dollar debt or Japan Yen central bank buying its own government debt as the ultimate reference to a bubble and what will pop and cause an outflow of value elsewhere.   BTC should be inverse not a copy of that and afaik its not a bubble or would be gone by now, it has a use believe or not some of which is unique and evolving in its usefulness to the world
sr. member
Activity: 1914
Merit: 328
Most of us talking about 2020. when is Bitcoin halving, but price spike usually comes year after that, so I am waiting next spike which could be in 2021. I hope that I will overcome my greed in this days.
There is always a previous spike before that and then we get to see a correction immediately afterwards and the year later, we always get to see some level of craziness when it comes to adoption which I believe huge growth will actually be more lurking around 2021.

However, who really cares, one thing I have always known right from the beginning is that bitcoin has always been bullish and will keep remaining being bullish, and I really do not think there would be any need to keep worrying myself of some situation I cannot change, or some situation I know whichever way, will definitely turn out good.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
I have been living a very difficult life because of the hardships drop on the bitcoin created for me.

I know everyone meanders down a different path, but you've been here for over five years now. Surely you're a little bit insulated by an earlier arrival than average? I can see how someone who turned up last December would be sad. Less so several years back. None of my business of course.
You know the perspective a lot of people tend to place on things may always get to be different and really, I wonder why someone who has actually been here through the previous thick and thins, the growth presently even at the current drop would really be having issues with now.

One thing I guess for sure, is either such a person has been living through the same level of thought, and then doing the same thing through all these years and expecting different results, which will sound strange to me, or the person has just decided to choose one difficult life for himself. Nonetheless, like you said, none of our businesses Grin

Bitcoin dropped last December and most of us here expected that drop. That hard life can`t be cause of bitcoin, its something that people do alone to them, they don`t understand nothing, they just bought and expected to earn a lot, without any thinking.
Bull-bear cycles are repeating all the time, keep your coins safe for future, for one of the biggest bull runs we will ever see. Everything until now will be little compared with one of the next bull runs when price go to 100,000 $ and more, that should be enough for everyone to keep their bitcoins safe until that point.
hero member
Activity: 980
Merit: 506
I have been living a very difficult life because of the hardships drop on the bitcoin created for me.

I know everyone meanders down a different path, but you've been here for over five years now. Surely you're a little bit insulated by an earlier arrival than average? I can see how someone who turned up last December would be sad. Less so several years back. None of my business of course.
You know the perspective a lot of people tend to place on things may always get to be different and really, I wonder why someone who has actually been here through the previous thick and thins, the growth presently even at the current drop would really be having issues with now.

One thing I guess for sure, is either such a person has been living through the same level of thought, and then doing the same thing through all these years and expecting different results, which will sound strange to me, or the person has just decided to choose one difficult life for himself. Nonetheless, like you said, none of our businesses Grin
member
Activity: 434
Merit: 10
Since almost cryptocurrencies are at low value, then obviously this is the moment to buy some because this year is about to end. I am not expecting too much next year to avoid further losses. I am about to learned more in trading just in case next year will be the same as this year.
member
Activity: 490
Merit: 28
I'd be wiser than the prior year. I will prepare for the next bull-bear cycle. I was shocked to see the turn out for this year because this year I thought I have prepared myself for something big (referring to a bull run) little did I know and of course there is lack of market study, that bull run will not occur this year. Pardon me because it was just last year that I started to invest in bitcoin (another mistake that I made-- investing when the market is happy ). This year I will focus more on gathering sats then selling off at a good price in the next bull run.
Next bull run would  probably put my financial aspects more wiser, I've planed to dump my holdings, and probably buy some when the price again reach bearish points. Because this year had made my holding into stagnant since the price becoming lower and stabilize at the lowest level.
full member
Activity: 462
Merit: 100
I'd be wiser than the prior year. I will prepare for the next bull-bear cycle. I was shocked to see the turn out for this year because this year I thought I have prepared myself for something big (referring to a bull run) little did I know and of course there is lack of market study, that bull run will not occur this year. Pardon me because it was just last year that I started to invest in bitcoin (another mistake that I made-- investing when the market is happy ). This year I will focus more on gathering sats then selling off at a good price in the next bull run.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
Quote
so my plan is to probably sell most of my Bitcoin

Hate to be boring or negative even but if the plan is just to sell and everyone has a similar plan can you spot the flaw in the plan to this ever happening  Undecided

if demand is strong enough, it doesn't matter.

and when the bubble is happening, greed takes over. most people either sell way too low before price goes parabolic, or they wait until after price crashes out of greed. very few people get to sell the top.

Talking about greed, people will probably wait for ath and sell everything then the bubble will burst out. Hence, selling on top will br their goal. Demand will determine the price hence the supply and bitcoin halving will not be a factor for now.

Just note that we should know when to reap our profit.

greed means people wait for the best price to sell but that doesn't mean they don't sell on top or near it. if they didn't sell or as "figment" said only "a very few" people sold then price wouldn't have crashed at all. it is the sells of "many people" that crashes the bubble otherwise the price would continue rising.

note that things are a lot more complicated that this. the market dynamics is always changing and traders react to that.
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