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Topic: Will Bitcoin do the same scenario in 2018 ? - page 3. (Read 767 times)

sr. member
Activity: 1428
Merit: 436
It can happen, there will be a bearish after the bullrun. It is the same as in the past, we have bullrun in 2017, then there is a bearish in 2018. This year, we are in the bullrun season, so there is a chance that we see a bearish season in the next year. But surely no guarantee if it really can happen. The situation in the current market isn't the same as in 2017-2018.
hero member
Activity: 1400
Merit: 505
So, whatever happens in the past could not be the same today or in the future. It maybe OP will stop thinking about the crash as it only fuels negativity but rather extend our trust with Bitcoin. It was proven already and that is enough to think that Bitcoin will continue to grow, not to crash again.
The trust in Bitcoin cannot be altered according the price valuation but according to the code we follow and the upgrades that will help in improving the network and help in scaling and that should be the ultimate goal and the rest will follow. Bitcoin might crash and billions of dollars might disappear but the market just moves on as usual and the only thing you need to look is to never burn yourself when the market is crashing.
legendary
Activity: 1652
Merit: 1265
Before the crash there will be an insane FOMO pump.
This isn’t happening right now.

Also the end of the year will have people setting up their finances for optimal tax. In some cases this could require them to exit.

So if the crash comes I bet it will be after August...

True Bitcoin believers will HODL through the next 4 years of hardship for those $1M BTC....
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Look at the chart dude, the 2018 crash happened around mid-January  while the prices have been going strong for about 4 or 5 months now, so I don't think that it will be the same as 2018 because the moment that bitcoin didn't crash in mid-January 2021 is enough proof that it will be different this year.
We must also look at the top, we saw bitcoin making a top in 2017 and right now it looks completely different than what we saw back then, the top only lasted for a few days in 2017 and then the price crashed away from it relatively quickly, right now we are close to the top once again and this has been the case for almost 2 months and it is to be expected this is going to remain this way, basically what this tells me is that this is not the top which means the price will keep growing during the next months.
member
Activity: 868
Merit: 63
~
Aside from that, the uprising trend of the market seems to have no chance to stop, and I'd never think about the crash but just only price corrections.

So, whatever happens in the past could not be the same today or in the future. It maybe OP will stop thinking about the crash as it only fuels negativity but rather extend our trust with Bitcoin. It was proven already and that is enough to think that Bitcoin will continue to grow, not to crash again.
That's a healthy way to look at the prices and not cause a panic that doesn't contribute anything but the unnecessary anxiety of worrying about something inevitable. Yeah, bitcoin has proven time and time again and I don't get how they still worry when the prices are going down.
sr. member
Activity: 2800
Merit: 344
when lambo...
Look at the chart dude, the 2018 crash happened around mid-January  while the prices have been going strong for about 4 or 5 months now, so I don't think that it will be the same as 2018 because the moment that bitcoin didn't crash in mid-January 2021 is enough proof that it will be different this year.
Aside from that, the uprising trend of the market seems to have no chance to stop, and I'd never think about the crash but just only price corrections.

So, whatever happens in the past could not be the same today or in the future. It maybe OP will stop thinking about the crash as it only fuels negativity but rather extend our trust with Bitcoin. It was proven already and that is enough to think that Bitcoin will continue to grow, not to crash again.
member
Activity: 868
Merit: 63
Look at the chart dude, the 2018 crash happened around mid-January  while the prices have been going strong for about 4 or 5 months now, so I don't think that it will be the same as 2018 because the moment that bitcoin didn't crash in mid-January 2021 is enough proof that it will be different this year.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
are you really asking for answer or you have just sold yours already?
because if you truly believe in bitcoin capacity there is no chance in making post like this.

but if you are planning to sell then do it now so we can catch your selling and added in our holding and you will remain waiting for the fall but it wont come because bull will run once more to reach 100k

Maybe he's just gathering the people's opinion to gather some basis if he will do hold or not since its really risky to do so if you don't know on what you are doing on your bitcoins since if you are newbie you might gonna temp to sell your profit at low rate or might you will dump all your coins when you see a heavy selling orders happened in the market. I call this asking as good action made by him since it can save him from future hype.
hero member
Activity: 1344
Merit: 540
I've watched videos on Youtube regarding this and the bull run in general.
Some of them said that the bull run might end this year specifically in September-October. Some are saying that we are just at the beginning of the bull run and some said that we are at the middle of it base on some charts.
Yeah, that's the beauty of crypto, we really don't know what the future hold for us, and there's always two side of the equation. So it's really up to us to decide, whether we listen o make our own decision on what we are seeing in the flow of the market.

As for me, I'm not panicking and I'm still holding. Now regarding to the OP's question, it might happen or it might not. Build a strategy that will help you whenever it will happen or it will not.
Most of us here have seen the ups and downs of the market, bull/bear/bull etc. So again, it's up to us to mitigate the risk on the future.
full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
are you really asking for answer or you have just sold yours already?
because if you truly believe in bitcoin capacity there is no chance in making post like this.

but if you are planning to sell then do it now so we can catch your selling and added in our holding and you will remain waiting for the fall but it wont come because bull will run once more to reach 100k
legendary
Activity: 2436
Merit: 1853
Leading Crypto Sports Betting & Casino Platform
Eventually 2018 was a very black year for Bitcoin, because the truth was there was no institutional investment that could support the price of Bitcoin, but today it is different, many institutions do believe in bitcoin, such as Paypal, Microestrategy, Elon Musk, among others.

There are also other institutions that did not trust bitcoin and are totally sorry, because at the time they could have bought bitcoin what they did was buy gold, due to the safe haven issue and the high volatility of the Bitcoin market, such is the case BNY BELLON FUND, in this article they relate it:

Quote
Despite regretting the lack of MSTR exposure of its Opportunistic Small Cap Fund, BNY Mellon is making significant investments in the crypto sector, leading the $133 million Series C funding round of institutional crypto custodian Fireblocks last month.

In February, BNY Mellon also announced plans to offer Bitcoin custody services.
Source: https://cointelegraph.com/news/bny-mellon-fund-laments-we-should-have-bought-bitcoin-not-gold

They make a lot of emphasis that Microstrategy did not hesitate to invest in bitcoin, which are now making great profits, for their part BNY are changing the strategy and will start investing in Bitcoin, not bad, I think it is never too late. If this scenario had happened in 2018, the price of Bitcoin currently I think it would be trading in the order of $ 200k.
sr. member
Activity: 1988
Merit: 283
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
bitcoin always find new support in order for the price to don't fall like a rock.. And yes i agree that there's always a the same scenario every year but in my opinion it's impossible to make the same structure of the graph especially if it has new ATH. for that reason its a big advantage for the growth rate to reach resistance again after falling.. Just imagine if we will make a comparison between the prices way back 2018-20121 i think its impossible to happen again..
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
I've watched videos on Youtube regarding this and the bull run in general.
Some of them said that the bull run might end this year specifically in September-October. Some are saying that we are just at the beginning of the bull run and some said that we are at the middle of it base on some charts.

For me, its yes and its a no in short we don't know. You are just asking the same question that I always see on social media. Asking if it will go down or will go up. Is it a good time to buy because they are also confused like you and stuffs like that. Why did you invest in the first place though?? Panic? I don't think that there is panicking right now aside from you and the newbie investors out there.

As for me, I'm not panicking and I'm still holding. Now regarding to the OP's question, it might happen or it might not. Build a strategy that will help you whenever it will happen or it will not.
legendary
Activity: 2758
Merit: 1228
The 2017 Bullrun was orchestrated by the Whales and this time around, the institution and right people in the world are involved. The game gonna be different and we might likely have a year-long bull run this time around.
But I am not seeing any big differences between whales and institutions; both are dangerous as they may manipulate up to any level just for their benefits and definitely may not look for long term holding. Usually people do say like, we just needs adopters and not buyers. It means only when more people get involving into bitcoin ecosystem the we can have sustaining market conditions otherwise high volatility is the final condition of bitcoin markets.

I still agree, this time bitcoin bull cycle will be different as there are lots of new investors are on board and bull run may last longer than 2017's bull run.

Its dangerous to the extent that they might manipulate and dump more the price after they done take advantage on its profitability, but I guess this is far to happen imagine how big they can possibly lost for then in the long term if they will just do a 1 time big shot. For sure they will make this last long since this is the resort where they can earn big money by quick scheme.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Dollar index rose in 2018 for most of the year and it had fallen in 2017.    Also you could off the presidential cycle in USA which is the world reserve global currency, it shouldnt be moving off dollar that much but its a funding currency and strength or weakness drives the pricing in lots of volatile or risk based assets which I guess has to apply to crypto which is still under much development and expansion.   I'll always argue crypto has to keep innovating and thats the ultimate guide to its continued success and expansion and so to price will follow but its on a lagged effect and its easier to keep watching dollar in comparison it degrades at a faster rate but still I expect BTC to develop further also.
legendary
Activity: 2520
Merit: 1073
The 2017 Bullrun was orchestrated by the Whales and this time around, the institution and right people in the world are involved. The game gonna be different and we might likely have a year-long bull run this time around.
But I am not seeing any big differences between whales and institutions; both are dangerous as they may manipulate up to any level just for their benefits and definitely may not look for long term holding. Usually people do say like, we just needs adopters and not buyers. It means only when more people get involving into bitcoin ecosystem the we can have sustaining market conditions otherwise high volatility is the final condition of bitcoin markets.

I still agree, this time bitcoin bull cycle will be different as there are lots of new investors are on board and bull run may last longer than 2017's bull run.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
The 2017 Bullrun was orchestrated by the Whales and this time around, the institution and right people in the world are involved. The game gonna be different and we might likely have a year-long bull run this time around.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run !
even in this time the price raised too much faster in shorter time.
last two days Bitcoin price felt 10000 $
i know that some news affect the market, but should we sell now in this panic ! or should we hold  Undecided
i am a little bit confused
 
No, it will not be the same and that will be because everyone is aware of what happened during 2018, if someone had known beforehand what bitcoin would do during that year then he could have taken perfect decisions based on that information, this time it is going to be different, we could still see a crash but it could happen sooner or the crash could not be as big as the one we saw or there is the possibility there is no crash at the end of this year and the price keeps increasing in a constant way for months or even for a year after 2021 ends.
full member
Activity: 1330
Merit: 147
If you doubt to hold bitcoin then you have to sell your bitcoin now, don't hold it for long term pariode. Also, investing in bitcoin is not easy as you think. You have to know the characteristic price movement first before you buy it because eventually you will be like that.

I guess if you know already about technical analyst and fundamental analyst then you will know what will you do. And yeah, this situation will just make you confuse to what will you have to do and this will only tire you out.
hero member
Activity: 1106
Merit: 506
maybe yes but with a different floor, the scenario of bitcoin will be from the start of the halving to the halving now everything is similar but this year bitcoin has not yet reached its peak so we don't know the next lowest floor of bitcoin until nearing the halving in 2024, for those who want to invest are advised to wait until the end the year or mid-2022 may be able to get the best price for HODL until the next halving.
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