Topic: Will there be a boom again? - page 3. (Read 956 times)

Market cant really be called a market if it would really be having that single path to take or movement does it have on which means that if there's decline then theres pump.It is really just that something these things cant

really be known on when it would happen and this is why it is really hard to deal up with a market which movement is something that cant be known which its pretty normal. Boom again? If this market would be missing out some bullish run or having those positive movement then trust and doubts would most likely be molding up. Whenever the market cant really be able to have that boom again then there's something wrong with it and with this happens then for sure investors would really already have those doubts whether this market is really that still to deal off with or not. It is really just that that these market movements are really just that normal
and it turns out that long time waiting does really affect your mind whether this market is is still that doing well or not.

Hesitation and doubts would really be there specially if it doesnt move on the price that we are expecting or anticipating which it isnt really that shocking somehow.

No one can know if a new ATH will happen, but we can be sure that a rebound is bound to happen. Bitcoin will bounce nicely this year from the previous bottom. It will happen with altcoins in the future too. Now is the best time to buy.

It's weird that we can't convince them, why wouldn't we convince them that something like that could happen? If you ask me I think that should be possible and we could probably see something like that happening. I believe that we are going to end up with a good boom and if they do not want to believe that, it is their own fault and they should trust the market.

I am not going to argue with them to try to convince them, if they do not want to agree then they do not want to agree, it is their own choice and I doubt that we would be able to change it. Let them do whatever they want to do and we could end up with a result that would be a lot more personalized for the people who trusted and held during this period and get rich when it goes up.

Why don't we invest in bitcoin for the long term and use altcoins for the short term? I do not deny that investing in bitcoin is the safest and most secure choice for us in the market. But why don't we spend a small amount of capital to try our luck with altcoins? If we are lucky enough, we can use those profits to buy more bitcoins, otherwise consider it entertainment like many people gamble after a long day of work. For them, winning or losing is not important, the important thing is to relax their mind after a stressful day of work. I also invest mainly in bitcoin, but still like to take a little risk with altcoins because it would be boring if we always choose safety and stay in our comfort zone.

We cannot 100% convince people that ATH is certain. There is no certainty about ATH, but it is possible for one reason or another. Halving can increase the demand for bitcoin in the market because investors will take advantage of the moment to get a return on their investment, but miners will also expect higher values ​​after the halving.

Bitcoin is already booming due to the fact that bitcoin has been known in various countries so far. If it is about price, then I think they will just have to wait until demand increases which in turn could push prices higher.

I like your advice, because in fact it has been seen that sticking to Bitcoin is the right solution rather than spending more time and money on altcoins, most of which have become useless shitcoins in the crypto space and market. Bitcoin is very suitable to be held in the long term and is also very suitable to be considered a long-term investment because in reality it never disappoints patient holders. And the small number of people who are disappointed are only those who don't have the patience to wait for the best moment in Bitcoin so they often blame everything on cryptocurrency when they can't profit from it.

Bitcoins price cannot be limited to one price. The price always fluctuates as these are limited in numbers. The price practically goes up when the demand to acquire the coin is more than the supplying amount. As we know that the supply is limited, hence the price goes up in a rapid manner when there is slight high demand in the market. So yes there is very high hope that the price will go up when the demand increases.

Dont make the same mistakes mate, you missed Bitcoin booming back in 2016 so you did not manage to invest in 2 halving season,
so investing in Altcoin will be once again losing your chance.
invest now mate if you have much of a money, and never to experience the same  thing in the future.

If you mean the "boom" is another ATH, then make faith in it as it certainly comes someday.
But don't think about it always as it affects your mindset and patience, some people get bored waiting and lose their faith, then miss the ATH again. We don't have to do that as our experience helps us to realize our wrongdoings in the past that we need to correct now. If we have faith in crypto and believe there is another BOOM, therefore, we must show courage and patience as well otherwise, we're not changing our style and behavior.

Hey there is nothing wrong with me at his level i won't encourage him to venture into altcoin investment do you think he has experience as you do in relative to altcoin? No, my point is whenever a newcomer is seeking for advise do not always give them the way to choose altcoin as they you think, because they may ends up landing their selves into shitcoin. And besides don't quote me wrongly why because there are stabilized altcoin or we call it reputable altcoin such as ETH, BNB, LTC, TRX, WAVE, Solana, MATIC, Polkadot and many more and not just a newly launched projects we can't defines their way about but were filled with an empty promises.

That is why at first do not give them the reason to look at altcoin but bitcoin because it can easily gets back to it previous position ( this is what i know as price elasticity demand of bitcoin), That is to say "An elasticity demand is one in which the change in quantity demanded due to a change in price is large". hence if the demand is high of btc is high then we can say the price will actually rise back due to the supply is now low and as time goes we might ran into scarcity of bitcoin stirring up the price above every other altcoin out their. But if altcoin faces dip i doubt if they could easily rise back especially those token that was launched over night in disguised of coin.

Breaking habits has always been difficult. Keeping up with innovation is a choice, but when making this choice, human beings act with anxiety. This has generally been the case in the developments made so far. So never be pessimistic. Some things can happen on their own.

The inclusion of Bitcoin in our lives means many things have changed. That's why change takes time and is sometimes approached with hesitation, but it happens.

When the whole civilization gets too used to one thing, breaking into that thing and changing the mold is not that easy. We think that it is easy but the improvement has to be vast. Like phones, we had phones for many many years and it did not change way too much for the longest time, we had to literally put a whole pc into your pocket to change it, going from house lines to smart phones was a hard and painful path that looked quick but took decades to change that.

Bitcoin is trying to change something even bigger, which is money and that has been pretty similar for thousands of years, coins weren't silver but gold, and there weren't banknotes back then, but we really made a huge change regarding this over course of long time.

With all the altcoins popping up in the market and with it most of the time being a shitcoin, I think that it's in your best interest to just stick to bitcoin because at the least your wait is guaranteed profit unlike altcoins where you don't know if you're hitting a goldmine or a septic tank and you're most likely to hit septic tanks, plus a lot of altcoins can't maintain their growth spurt, they are unlikely to repeat their pumps so it's not worth your wait for a pump that's not going to happen. Stick to bitcoin.

Depends on all of us really. If we want the boom to happen, then yeah it will. Just buy bitcoin, and I will too, and others should too and if we keep doing that then its going to be fine. I hope that it gets to a better point and we do not have to face anything bad, getting to a higher level should be something we can definitely enjoy, but not a lot of people really understands the point of the "boom", its hyped period of bitcoin, while bitcoin doesn't change at all. Lets assume bitcoin becomes 100k, do you think something that makes it valued at 100k that day and not today? No, there won't be a single one, only difference will be peoples perception of it.

Stop thinking that you should have been a millionaire if you ever didn't study and blame your parents because you studied. Be thankful to your parents that studying there is hard and the school and tuition fees there are no joke.

Your parents just did the right thing of providing you your need so that you are who you are right now. As you're finished studying now, it's good that you've mentioned you've got your own savings. But do not invest all that you've got because what happens if there's an unexpected expense that you need some cash and you don't have it anymore because you put all of it to bitcoin?

We are optimistic about Bitcoin but do it conservatively as we're no longer in the times unlike before that we can do reckless decisions that might affect us unless you really are persistent and pushy on it, although no one forces you to do so.

Based on your questions, I am willing to ask you to make it your own choice instead of coming here and asking because you will get biased answers and won't understand what to do in such trading related confusions. I was never asked to stop using btc, I had been here since long time and I can say that like you, we also lost the opportunity then when we didn't buy btc or alts for throwaway rates.

From what I've heard it described, not as gambling so much as investment risk which means the government regulatory bodies want to outlaw such ideas and revenue as operating outside the law.   Im not the legal type or trained so I wouldn't know if they are correct especially to say so, my take is absolutely everything has a risk.  Certainly holding dollars, earning and relying on dollars for your retirement is risk too far for many but they wont know thats true for ten or twenty years sadly to their expensive.  When dollar relates to nothing solid, of course its risk so seems entirely hypocritical to label technological innovation as illegal in any way so long as its all openly declared open source who are they to outlaw anything tbh.

What's your point, dude? Do you mean altcoins are shit coins only?  
I don't know why you are too pessimistic with altcoins. I think there are many good altcoins, not each altcoin are useless. If you have a bad experience with altcoins, it means you are not selective to choose altcoins. You need to revise your analysis or research method, there is something wrong with the way you choose coins to invest in.

You can say it is gambling if you choose meme coins, shit coins, or random coins/tokens. But I don't think it is gambling if you choose trusted altcoins like ETH, ADA, BNB, or other reputable coins. There are some coins that have clear progress in the project development. And the most visible thing that we can see their market caps. If it is increasing, it means the popularity of the coins are rising. For me, investing in these coins isn't like gambling. It is because they have clear fundamentals for a bright future.

Well, I believe by alts with cheap prices you mean meme coins and shitcoins that have an infinite supply. Only newbies or people who are extremely greedy invest in such coins and tokens because they usually hear stories of a few people managing to get significant wealth by investing in some of these meme coins and now every single person wants to be in that place and get a lot of money from their small investments but they don't understand that it doesn't work that way.

Investing in such tokens is just like gambling where your chances of winning are way lower than winning and you should already know that you have risked your money if you are investing in these tokens. We all know that only a very small percentage of people manage to get success through gambling.

First I will say do not feel discouraged and again do not invest in altcoin then market will rise again, what i believe is that we keep having many new markets as time come. Altcoin presently to me is of waste of energy and resource because if you invest into altcoin now after halving you may not see any of them standing firm in the market so its better you avoid it now otherwise after bull run you might see a different side of altcoin which may possibly makes you to regret why you wasted your resources for investing in altcoin that won't be able to withstand the market pressure.