What's your plan for the next bull-bear cycle? - page 2.

PETES

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Quote from: figmentofmyass on November 03, 2018, 06:36:58 PM

Quote from: STT on November 01, 2018, 09:38:29 PM

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.

eroejoe

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ツ

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.

gentlemand

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Quote from: cluit on November 04, 2018, 05:53:57 AM

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.

cluit

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I have been living a very difficult life because of the hardships drop on the bitcoin created for me.

I am planning on getting myself a stress free situation. Right now I work every single day and sometimes work overtime with all the work I have put on myself and I still do not make nearly enough money to live. If a bull cycle happens than I will most certainly try to put as much money aside as possible and even try to get myself something that would make me decent amount of money as well.

If I can achieve that it means I won't have to worry about losing my money or living difficulty again when the next bear happens. I did not know what to do when the last years bull came and I have spend way too much thinking bitcoin will be amazing anyway but when it dropped I wasn't ready for it. So when the next bull comes I will get read for the next bear.

figmentofmyass

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Quote from: STT on November 01, 2018, 09:38:29 PM

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.

Quote from: STT on November 01, 2018, 09:38:29 PM

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.

BitHodler

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Quote from: Febo on November 03, 2018, 10:41:17 AM

Yes silly. With bitcoin worth lets say $200k, what is only x10 from last ATH. The last ATH was x16 from previous one. So $200k is pessimistic number. So with $200k BTC the bitcoins marketcap is $3.5T and if BTC dominance is 50% then whole crypto marketcap is $7T. So after classic crash it loses 2/3 of its value so $5T. $5T is more then will be GDP of Japan in 2020. Crypto and Bitcoin is not that innocent anymore.

By the time we're really seeing the figures you are pointing at, the composition of the market won't be the same as it is right now, and for that reason I expect the market to no longer crash as hard as it did in the last years.

Pension funds and other legal parties are taking long term positions in that what they think has fundamental value, and they will provide enough support to protect that what they own in Bitcoin by that time.

It's very similar to the stock market actually. While people here talk about the stock market to go through a massive correction, the dips are bought up with insane volumes, which is what smart money always does.

Quidat

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Quote from: manfredmann on October 27, 2018, 10:30:05 AM

You gotta be kidding with that great numbers you were speculating. The market now looks bad so definitely more people will not likely to invest and besides we had only few days or weeks to count for the bull run. I think the speculations of the many will not going to happen that bitcoin will make its peak again. Anyway, it is better to have this kind of speculation because this might add the hype of bitcoin market price. And I am also investing in some crypto so I will be happy also if speculations will going to happen.

I am just less expecting so it could not hurt when things will not go well.

If i were going to invest i would like to do it now but of course it could be for a long term since the market is not that good and i am just waiting for the next pump of the market. It's so seldom to find people that is so realistic in terms of idea and information though i like how they think it that way it might motivate someone but someone may feel bad if you are too straight to them.

Febo

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Quote from: Herbert2020 on November 03, 2018, 02:23:20 AM

Quote from: Febo on November 02, 2018, 01:02:02 PM

....
Dont forget that next economic crisis will hit us in this cycle or soon after. Some even suspect that the Bitcoin crash of this cycle will cause next economic crisis.

well, that's just silly thinking. bitcoin is not big enough to have a small effect on economy let alone cause a world wide economical crisis!
besides the economical crisis is not something that is guaranteed to happen! it is speculated to happen and it may not. and we don't know yet what its effects are going to be on bitcoin. some say it will affect bitcoin the same way as others (meaning drop) some others say there will be a big rise instead.

Yes silly. With bitcoin worth lets say $200k, what is only x10 from last ATH. The last ATH was x16 from previous one. So $200k is pessimistic number. So with $200k BTC the bitcoins marketcap is $3.5T and if BTC dominance is 50% then whole crypto marketcap is $7T. So after classic crash it loses 2/3 of its value so $5T. $5T is more then will be GDP of Japan in 2020. Crypto and Bitcoin is not that innocent anymore.

Herbert2020

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Quote from: Febo on November 02, 2018, 01:02:02 PM

....
Dont forget that next economic crisis will hit us in this cycle or soon after. Some even suspect that the Bitcoin crash of this cycle will cause next economic crisis.

well, that's just silly thinking. bitcoin is not big enough to have a small effect on economy let alone cause a world wide economical crisis!
besides the economical crisis is not something that is guaranteed to happen! it is speculated to happen and it may not. and we don't know yet what its effects are going to be on bitcoin. some say it will affect bitcoin the same way as others (meaning drop) some others say there will be a big rise instead.

gentlemand

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Quote from: Febo on November 02, 2018, 01:02:02 PM

Dont forget that next economic crisis will hit us in this cycle or soon after. Some even suspect that the Bitcoin crash of this cycle will cause next economic crisis.

That's the great unknown. The overall economic outlook has basically been unchanged - up up and more up - since this whole party started and the more people get on board, the more wider behaviour will affect BTC.

As it stands I think if world markets took a prolonged shit Bitcoin would take a bigger one. It would need a few more years before enough people thought of it as more than a cool bet.

Febo

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Quote from: thecodebear on October 23, 2018, 12:34:34 PM

What's your plan for holding, selling, trading, spending for the next few years now that we will likely be starting a new bull-bear cycle in the next few months?

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. Will probably start selling around $80k just to make sure I get some good profits in case the run doesn't go as high as I think. Probably will just keeping 1 Bitcoin for like the long long term (with a plan to spend it on the LN over many years in the 2020s and 2030s). The next bull run should get to my own "moon" prices in which it makes sense to take substantial profits.

Most of what I sell in the coming bull run will go to set myself up financially in the less volatile stock market for the future (hopefully the coming stock market crash & recession will be timed perfectly so the market is still pretty low as Bitcoin is booming so I can take profits and then move into a stock market that is significantly down - in fact the stock market crash could bolster the bitcoin boom as they will likely line up pretty well the next two years). But I will keep some of those profits around to try to buy back at least one Bitcoin in the following crash to sell again during the following bull cycle.

So for me its basically sell most of my Bitcoin, keep a little for years to come to eventually spend when Bitcoin is in use as a currency, and use some profits to play the long term trade game and buy back some on the following crash in a few years.

Dont forget that next economic crisis will hit us in this cycle or soon after. Some even suspect that the Bitcoin crash of this cycle will cause next economic crisis.

bintangkejoraku

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I have read their plans for the next bull run, I just hope that the bull run is fast going and makes a new history for the price of bitcoin. maybe my expectations sounded very strange, but that was my real hope.

gentlemand

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Quote from: STT on November 01, 2018, 09:38:29 PM

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

I well remember the - delusional - panic about a return to the $1000 level. Would everyone run for the exits? Same went for $10,000. Surely it would be too much to resist?

It wasn't. It made it through both with relative ease.

If things are bubbly then someone selling their $500 bitcoins is going to have an army of newcomers wanting to buy it off them for tens of thousands. And there won't be many $500 bitcoin owners left by that point.

STT

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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

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. BTC has to be useful, thats the plan and its the only reason we can expect it to retain value over time is by providing a community of users that usage that is not as easily available elsewhere.

Its both simple and an ongoing challenge, I'm not certain on the outcome but BTC will need to develop as a product probably so the plan that works is unknown exactly

marcbitcoins

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They say that this bullish run is now just a fantasy that the current price is the real demand now that it will never be the same last year in which the prices movement is rapidly moving up but if ever that the Bull run will come back then i will sell all my cryptos that i have kept for a long time when BTC will reach $19,000 as i'm afraid that i't might dump again missing the opportunity to sell it high again.

GregH37

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Quote from: manfredmann on October 27, 2018, 10:30:05 AM

You gotta be kidding with that great numbers you were speculating. The market now looks bad so definitely more people will not likely to invest and besides we had only few days or weeks to count for the bull run. I think the speculations of the many will not going to happen that bitcoin will make its peak again. Anyway, it is better to have this kind of speculation because this might add the hype of bitcoin market price. And I am also investing in some crypto so I will be happy also if speculations will going to happen.

I am just less expecting so it could not hurt when things will not go well.

I am not saying he may not be kidding with the huge numbers, but you should not be so pessimistic and expecting the worst forever, just because we are in some correction at the moment. I think sometimes, people get to focus their mind too much on the present that they let it affect their forward thinking to be able to see what the future may actually be holding.

Nothing will actually hurt you as a person once you are able to do what is right, which in this case, is to take advantage of now as an opportunity to accumulate and then look forward to the future and expect the best because that is what I see happening anyway.

wuvdoll

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Quote from: d1ceplayer on October 30, 2018, 02:13:35 AM

Quote from: xfaqs01 on October 26, 2018, 06:38:39 AM

Quote from: kateycoin on October 25, 2018, 04:37:49 PM

Well my plan is to do what I do everyday in crypto holding,buying and selling it depends in the situation but I much love to make a good profit. Hopefully in a next bear-bull cycle we see a less volatile in the market and much more people will be wise for their holdings.

i love volatility thats how i get easy money dong margin trading putong long or short positions, but the downside of it is that its not healthy for the market though, and we are seeing it now this past few weeks the price of bitcoin going sideways until the etf will be decided then. there a lot of incertainty right now.

Ups and downs are there every single day whenever you talk about bitcoin. There are people who think bitcoin old jump very soon so if that is really going to happen or if it has more solid chances, then get your plan ready peeps. We shouldn’t leave this stone turned out uselessly. Keep things ready for this bull run. Enough of being ruined and waiting in bear run.

I am sure most people who already know what the future holds, are already fueling up at the moment, so in that case, I am sure some smart people are doing the right thing. It is how you see the future of something that will matter in the way you get to approach it, which in most cases, this has to do with your mindset and your belief that the future is bright for what you are holding. Bull run may not even come this year, but one thing I am pretty sure of is that at some point later on, it will definitely come around, which is why as some are panicking, some are seeing this moment as an opportunity for the long term.

Pendularin

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I had a lot of plans to do when that bull run bear cycle happens, it just that my coins were stacked on the trading site which I cannot sell. For now that plan includes holding and also planned to buy cheaper coins, and wait for it's value to increase soon when market will going to recover at profitable price.

andrei56

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My plan is relatively simple since holding my coins right now is not giving me profits I will try to become a trader, I know it is not easy but this is something that I have been thinking for a long time and I have taken the necessary steps to try to become successful at that activity, if that works my holdings of bitcoin will go up and by the time the next bull market appears I will have more bitcoin than what I have now.

liuqi

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Quote from: okala on October 30, 2018, 02:56:42 AM

I am expecting that the next bitcoin cycle will be bull and since it will be bullish. In trading you should no that bitcoin is seem to be at the bottom now and if you want to invest you should do now before the market taking another direction. Many people will not invest now because of what has happened before and your fears is very justified.

The market condition is unpredictable but day traders and short term traders are still participate in trading platform so we should not predict how it will going to move in future but right traders are always make profit in crypto investment. I also suggest to invest in cryptocurrency because this will make un expectable profit in future.

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