Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Fivestar4everMVP on June 26, 2024, 09:23:32 PM
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
And do you know that those who bought bitcoin at the price range of $14k to $20k have had a good bull run already? Yeah, they have made massive profit.
Remember Solana was below $20 at the time the price of bitcoin was below $20k, but Sol almost touched $200 before the present crash we are seeing - what if that was the bull run, and right now, we are in another three years long bear season again?
Just imagine it and tell us what you did feel like if this was to be the case..
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Between price being low, and there are few things ahead that could make it crash even harder, the possibility isn't zero. We could definitely see it being "over" with time, IF we end up with that. However, would I say that is probable? I do not think that it will, I think its going to be something that will take some time. We should consider the fact that we are going to end up with higher prices, at least that is what I believe. Even if we end up with something wrong for the time being, I think its going to be still nice for us and we are not going to end up with anything that will be all that complicated at all. Its the halving year, we should be going up if all goes as expected.
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the halving always result to bullrun just as what we know. but because the bullrun started before the halving this year, its a wonder whether the institutions are over buying the coins.
while they know there are only few coins generated every 10 mins. they needed this MtGox coins to be released to saturate the market and reset the momentum of crypto. however, it may only affect BTC because according to some analyst BTC dominance was affected since this current drop. which it could mean there will be altcoin season while BTC takes a dive. :o
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what if that was the bull run, and right now, we are in another three years long bear season again?
We should not relent because the bull run is not yet over. Let us still wait and see what would happen before the end of this year and also wait until few months or some weeks to the beginning of the year after 2025. What I know is that bitcoin might fall at times but later increase. If you see bitcoin even decreased more than the price it is today, do not believe yet in the bear market because it is possible that bitcoin could get to all-time high from the price it fell to.
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Between price being low, and there are few things ahead that could make it crash even harder, the possibility isn't zero. We could definitely see it being "over" with time, IF we end up with that. However, would I say that is probable? I do not think that it will, I think its going to be something that will take some time. We should consider the fact that we are going to end up with higher prices, at least that is what I believe. Even if we end up with something wrong for the time being, I think its going to be still nice for us and we are not going to end up with anything that will be all that complicated at all. Its the halving year, we should be going up if all goes as expected.
But what if all does not go as expected, that is the question..
Don't think I am trying to be pessimistic about the market, this is all for fun though, I also believe what you believe, but what if we are wrong at the end of the day?, first, we all have to realize that there isn't a place where it is enacted as a law that there will always be a bull run in every halving year, is there? Then please point me to it.
And Secondly, history won't continue to repeat itself for ever, do you agree with this? I mean, a time is coming when there will no longer be bull runs after halving, infact, some persons are already speculating that the coming bull run may likely be the last - and this is if the bull run comes 😁.
All the same, understand the keypoint, and one of them is that I believe what you believe, and expect what you expect, but what if it turns out our believe was wrong? How cool will you be?
As for me, I won't be cool, and this is because I am already in almost 80 percent loss in most of my Altcoins holdings. 🤣
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There are thoughts that can come to someone's mind once in a while, and you get to think over the possibility of it happening someday. But this kind of thought is far from it because never has it occurred to me or think in a situation of "what if bull run is over". That will be a catastrophe scenario for many people to easily cope with or accept.
However, nothing is impossible to happen, it won't be on this one, for the bull run not to happen after the 4-year circle tradition of the halving has already been done, and people buy and sell their bitcoin.
However, it's not too late for one to think of the bull run not to happen as anticipated. It's just a few months after the halving, no complaints about the price decline.
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
And do you know that those who bought bitcoin at the price range of $14k to $20k have had a good bull run already? Yeah, they have made massive profit.
Remember Solana was below $20 at the time the price of bitcoin was below $20k, but Sol almost touched $200 before the present crash we are seeing - what if that was the bull run, and right now, we are in another three years long bear season again?
Just imagine it and tell us what you did feel like if this was to be the case..
This is also a thought to brainstorm on. Swing how rapid Bitcoin grew after the Bitcoin ETF approval, many investors due to FOMO bought quite a huge amount, a friend of mine also did buy even at $54k hoping the price of bitcoin will get to $100k before the Halving, because most analysts were making predictions of Bitcoin getting to over $150k. However it's just a thought and Bitcoin could just start experiencing the price correction now, meaning we might still have bull either this year of next year. Even if the bulls are over, this should be a problem especially to those holding for long term as there are several bull that are yet to be discovered in the future.
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This is also a thought to brainstorm on. Swing how rapid Bitcoin grew after the Bitcoin ETF approval, many investors due to FOMO bought quite a huge amount, a friend of mine also did buy even at $54k hoping the price of bitcoin will get to $100k before the Halving, because most analysts were making predictions of Bitcoin getting to over $150k. However it's just a thought and Bitcoin could just start experiencing the price correction now, meaning we might still have bull either this year of next year. Even if the bulls are over, this should be a problem especially to those holding for long term as there are several bull that are yet to be discovered in the future.
This really confuses some people, after a bearish moment and it looks like this is still continuing, I'm sure they will soon make very confusing decisions... yes, expectations are too high that Bitcoin can reach $100k more and are always held at the price $71k... that's what makes many people feel bored... even though no one knows what the bullish moment will be in the future, and there is still a possibility that it will happen.
People who still think positively will review their decisions, and I believe HOLD is a path that can still be understood here.
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This really confuses some people, after a bearish moment and it looks like this is still continuing, I'm sure they will soon make very confusing decisions... yes, expectations are too high that Bitcoin can reach $100k more and are always held at the price $71k... that's what makes many people feel bored... even though no one knows what the bullish moment will be in the future, and there is still a possibility that it will happen.
People who still think positively will review their decisions, and I believe HOLD is a path that can still be understood here.
Holding for long term is the best option when it comes to Bitcoin investment, I see no reason why some investors trade when they can actually sit back and let Bitcoin do it thing. Though trading give more profit no doubt but it's also risky, it's possible some investors started buying when Bitcoin got to its ATH. Though I believe we are yet to receive the bulls after the halving based on historical charts of the having price correction and bulls. So now can also be the best time to hold, holding Bitcoin is never too late but delaying when you have the opportunity to invest is kinda time wastage. It's possible Bitcoin will get to a ATH of $100k this next bull run.
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This really confuses some people, after a bearish moment and it looks like this is still continuing, I'm sure they will soon make very confusing decisions... yes, expectations are too high that Bitcoin can reach $100k more and are always held at the price $71k... that's what makes many people feel bored... even though no one knows what the bullish moment will be in the future, and there is still a possibility that it will happen.
People who still think positively will review their decisions, and I believe HOLD is a path that can still be understood here.
Holding for long term is the best option when it comes to Bitcoin investment, I see no reason why some investors trade when they can actually sit back and let Bitcoin do it thing. Though trading give more profit no doubt but it's also risky, it's possible some investors started buying when Bitcoin got to its ATH. Though I believe we are yet to receive the bulls after the halving based on historical charts of the having price correction and bulls. So now can also be the best time to hold, holding Bitcoin is never too late but delaying when you have the opportunity to invest is kinda time wastage. It's possible Bitcoin will get to a ATH of $100k this next bull run.
Well I doubt the credibility of this assertion because I don't believe traders make more profits than HODLers, maybe in the short-term it may appear to be so but if you conaider the long-term, you'll realize that not only do HODLers make more profit than traders, but traders also lose more tgan HODLers because they try to predict the market, which we know is impossible for anyone to predict the market accurately, and their profits as we know, comes from their being able to predict the market correctly, and if maybe their predictions turns out to be wrong or inacurate, then that for sure means loss for them, which of course we know that's not the case for HODLers.
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Yeah, get scared with all the what ifs scenarios while the more experienced players in the market make their move for another huge profit before the real bullrun actually ends. I personally think it's not over yet but there are some new factors to consider now like the distribution of payments to Mt. Gox victims.
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
And do you know that those who bought bitcoin at the price range of $14k to $20k have had a good bull run already? Yeah, they have made massive profit.
Remember Solana was below $20 at the time the price of bitcoin was below $20k, but Sol almost touched $200 before the present crash we are seeing - what if that was the bull run, and right now, we are in another three years long bear season again?
Just imagine it and tell us what you did feel like if this was to be the case..
Then so be it, we can't do anything about if it official a bear market already. And with that, we will have a new trend, a new pattern that have emerge and so all narratives have been thrown out of the window and we will have a reset and investors will have to accept this fact and move on.
Of course, there are still investors who have profited, those who buy at the lowest low two years ago at $15,500 and still continue to hold. And then for those who bought at $60,000, they will have to take a lose if they wanted to get out because we are in the bear market or just HODL as well and wait for the next bull run. The key here is that no matter what the market gives us, we will have to adjust to it even if it means to take a lose because this is a new pattern.
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As for me, I won't be cool, and this is because I am already in almost 80 percent loss in most of my Altcoins holdings. 🤣
That really hurt I know how it feels there was a time when I lost 95% of my holdings, sometimes we should not give ourselves false hope that things are going better, we should assess our portfolio from time to time and accept the fact that we should sell anytime to cut our losses.
Hanging onto our dear coins will result in bigger losses, I was holding to my coin when I was done 20% slept on it, and wake I was down 60% so things happen when you are sleeping and you have to make crucial decisions, cut your losses or holding on and hope the price will recover.
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It is usual that at the end of a bullrun, there is a correction of 50% to 80%, and by reviewing the price for the last 12 months, no such correction occurred, so the answer is no, we are still in a bullrun trend.
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The bull run is yet to start as what we saw earlier this year was due to Bitcoin ETFs. Only a few altcoins rallied at that time not everyone in the market. When a bull run comes its impact is on the overall market like what we saw in 2021.
I know being impatient will lead to weak hands whereas having patience & hope will lead to diamond hands. The cycle of bull and bear market is part of Bitcoin and cryptocurrency market. A good news is that from next month Ethereum ETFs will start trading and it should bring back the alt season.
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Just imagine it and tell us what you did feel like if this was to be the case..
Well, I will be surprised but will not get disappointed at my decisions as well because after all, this is the first time that we see Bitcoin breaking the 4-year cycle.
If you're following how Bitcoin moves in a 4-year cycle, you will expect that this year until next year will be the time where Bitcoin starts to go up, right? If what we saw in 2022-2023 when the market is going up significantly is already the bull run season, then I'll just say "This is why investing in crypto market is very exciting. You don't know what can happen."
Overall, despite of what's happening right now with the market, I still expect that we will see the start of the bull run happening anytime this year until next year. Of course, it will change if it doesn't happen this year.
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
And do you know that those who bought bitcoin at the price range of $14k to $20k have had a good bull run already? Yeah, they have made massive profit.
Remember Solana was below $20 at the time the price of bitcoin was below $20k, but Sol almost touched $200 before the present crash we are seeing - what if that was the bull run, and right now, we are in another three years long bear season again?
Just imagine it and tell us what you did feel like if this was to be the case..
- Even if we say that an investor bought in the amount of 20k$ and at the price of 100$, it turns out that the capital only increased three times and only earned 200$ something. So, it means that Bitcoin is really good in the long term if you have a large amount of savings or have accumulated enough to say that your profit is also large.
Because, literally speaking, you have big capital here and big profit; if you only use small capital, you will only enjoy small profit here, which is the reality that will actually happen.
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
Yes, very scary indeed most especially for people who just recently got into cryptocurrency investing. Imagine, what would you feel if you bought BTC at the $70K level and you are looking at the CMC right now where BTC is playing at the $60K+ level and there is that possibility of it going down further? For people who are newbies, the feeling can be gloomy but of course for people who are already veterans in the crypto market this can be a lot better than the many bearish period they already survived. In case there will not anymore be a bull run which most of us can be expecting to happen months from now, I would say that let it be...there is actually nothing we can do to prevent that from happening. People who are so afraid of losing more can cut their losses as soon as possible but forfeiting the possibility that our fear is just unfounded and that the bull run is going to be true in 2025. Ultimately the decision lies on the holder on what to do.
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What if the bullrun is over?
I personally don't think that the bull run is over, but even if it is, no one can blame anyone other than themselves or the various influencers they listened to if they didn't invest at the right time. There were quite obvious signals of what would happen if spot BTC ETFs were approved in the US, as well as very clear and unequivocal messages indicating that this would happen at the beginning of the year.
Why people waited a month before the halving to invest or why they didn't do it at the beginning of 2022 or some month before is a question they should ask themselves - but in the end it always turns out that some things are not for everyone.
Bitcoin is much more than some kind of magical internet money on which everyone can easily get rich overnight, and if you don't understand something, then it's better to stay away from it.
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Personally this is a very first bitcoin bull run I have ever experienced fully A lot of persons have this trust in bitcoin that they still believe that the bull run is not yet over a lot of enthusiast out there feel that the effect of a boron has just begun. Personally I believe one of the most significant effect the bull run has made on the crypto space is the launch of a majority of altcoins and meme coins.
Bitcoin has a dropped to some extent during the past few weeks now and a lot of people are still holding probably because of FOMO. If you should observe closely you will notice that a lot of persons still hold their bitcoin and are not willing to sell even with the recent dips based on the fact that taking note of certain bitcoin trends in the past, after dips were usually nice increase in price.
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In my opinion, if one has set the goals of exit after he has entered the market and he has achieved his goals and fully exited from the market then one should not repent if the market goes more up because that person has already achieved his goals he has set after the entry points. I am saying one should not repent because the market can even crash after his exit point as it is crypto space anything can happen at any time because the crypto industry is so unpredictable.
Well, dear, this is also my first Bull run also I hope we both will enjoy it a lot. After that bear run will occur where we can buy from the bottom to hold it for the coming bull season so do you have any plan for that? or not yet as me? Besides this, I want to mention that there is no financial advice in this post. Must DYOR!
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That is the risk in investing or trading in Cryptocurreny, if the bullrun has ended then people who have just invested will not get the big profits they dreamed of. Actually, in Cryptocurrency, what we plan does not always have to be correct, and if this happens it means we made a wrong prediction. A good step is to withdraw our assets and wait for the bearish period, then invest again at that time.
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Bitcoin is only down 17% from ATH, which means we have 83% left but why are we acting like we had a red candle to 10k?
We know when everyone is bullish there are no more buyers, and when everyone is bearish there are no more sellers.
So, why are we panicking with every pullback? Then we miss the rocket
Bitcoiners can make money "without doing anything" just Hodl. Keep calm and Keep stacking Sats.
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One can think of a day when this might happen but maybe the right time has passed when it would have been better to actually buy. It may be that the bull market ended but the catastrophe did not occur. Consider this from bitcoin that even in the dumping market its value has not halved yet. There are no complaints about the price drop just a few months after the crypto market went red. Also people are always busy buying and selling their bitcoins so there are no major down complaints. Even if the bull run ends, it won't matter because we have entered a very strong market.
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
I seriously doubt it because there has not been sign of bull market and besides from speculation and previous analysis of people who have really studied how Bitcoin price behave after halving, they say that bull Run normally take place after halving but that before the bull Run the market will experience a drastic decline in price, so perhaps if we should follow that theory is obvious we are still far from bull run.
So actually we can consider the current decline in Bitcoin price now as the results of the decline they were talking about, perhaps the reason why you believe so is because of the price movement months ago when the price moved from $30k then and break the ATH and still managed to create another ATH, don't get me wrong but I believe bull run is still on the way coming.
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If the bull run is over then another bull run will surely come which will be more profitable than this one and holding increases your profit if you hold it longer therefore it is not a matter of becoming scared as the future is always more fruitful than the past.
Those who have bought Bitcoin at the price of 14k$ to 20k$ are in more profit and most of them will have already sold their Bitcoin because Bitcoin has once touched new ATH of 73k$ but still if someone has held bitcoin yet are in profit so it's up to them whether they want to take profit or wait for another bull run in case if this bull run has been over.
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Those who have bought Bitcoin at the price of 14k$ to 20k$ are in more profit and most of them will have already sold their Bitcoin because Bitcoin has once touched new ATH of 73k$ but still if someone has held bitcoin yet are in profit so it's up to them whether they want to take profit or wait for another bull run in case if this bull run has been over.
I'm sure, when the highest price was touched yesterday, not everyone sold... even people who bought BTC at $20k may not have made a decision because their prediction was that BTC would hit hundreds of thousands of $..and then realized that we all have too high expectations about Bitcoin, even greedy people want more... while Bitcoin is only manipulated by a few people.
Missing the moment is one of the risks of being a trader or an investor... which makes many people more experienced and wiser in making decisions. Maybe if I miss the moment to sell it, then I will sell some as long as it is still profitable... like when I bought BTC at $40k... and I miss the moment to sell at $70k, so I sell some at $60 Even now it's not a big problem.
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
And do you know that those who bought bitcoin at the price range of $14k to $20k have had a good bull run already? Yeah, they have made massive profit.
Remember Solana was below $20 at the time the price of bitcoin was below $20k, but Sol almost touched $200 before the present crash we are seeing - what if that was the bull run, and right now, we are in another three years long bear season again?
Just imagine it and tell us what you did feel like if this was to be the case..
its fine for me because I already have my piece of cake when the ATH is been broken so if ever this is the end of Bullrun and we are heading for Bear market as I have already funds waiting for dumping and will buy more to keep holding.
about Solana ? I believe that this project is overhyped and for me anytime sooner this will be like what happened in other altcoins.
But the truth is? this is not coming to happen mate , bull is coming in the last quarter or first quarter of the coming year.
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
And do you know that those who bought bitcoin at the price range of $14k to $20k have had a good bull run already? Yeah, they have made massive profit.
Remember Solana was below $20 at the time the price of bitcoin was below $20k, but Sol almost touched $200 before the present crash we are seeing - what if that was the bull run, and right now, we are in another three years long bear season again?
Just imagine it and tell us what you did feel like if this was to be the case..
its fine for me because I already have my piece of cake when the ATH is been broken so if ever this is the end of Bullrun and we are heading for Bear market as I have already funds waiting for dumping and will buy more to keep holding.
about Solana ? I believe that this project is overhyped and for me anytime sooner this will be like what happened in other altcoins.
But the truth is? this is not coming to happen mate , bull is coming in the last quarter or first quarter of the coming year.
About Solana, I agree with you completely, except some serious projects starts coming out from that chain, like we have on ethereum and BNB, the network will soon be as good as dead if what keeps pumping out from it is just meme coins.
Meme coins is a wave, and when the wave is over and majority have abandoned meme coins to start investing in serious projects, they are gonna move away from solana because there are no serious projects there, and then, we can know the true price of Sol, except things changes for the network and fast.
But the thread is not really about Solana though, I just used Sol for my example, to better express myself.
And concerning the bull run, I also believe that bull run is coming, but I just want to know what investors will feel like it paradventure, it doesn't come.
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
And do you know that those who bought bitcoin at the price range of $14k to $20k have had a good bull run already? Yeah, they have made massive profit.
Remember Solana was below $20 at the time the price of bitcoin was below $20k, but Sol almost touched $200 before the present crash we are seeing - what if that was the bull run, and right now, we are in another three years long bear season again?
Just imagine it and tell us what you did feel like if this was to be the case..
its fine for me because I already have my piece of cake when the ATH is been broken so if ever this is the end of Bullrun and we are heading for Bear market as I have already funds waiting for dumping and will buy more to keep holding.
about Solana ? I believe that this project is overhyped and for me anytime sooner this will be like what happened in other altcoins.
But the truth is? this is not coming to happen mate , bull is coming in the last quarter or first quarter of the coming year.
About Solana, I agree with you completely, except some serious projects starts coming out from that chain, like we have on ethereum and BNB, the network will soon be as good as dead if what keeps pumping out from it is just meme coins.
Meme coins is a wave, and when the wave is over and majority have abandoned meme coins to start investing in serious projects, they are gonna move away from solana because there are no serious projects there, and then, we can know the true price of Sol, except things changes for the network and fast.
But the thread is not really about Solana though, I just used Sol for my example, to better express myself.
And concerning the bull run, I also believe that bull run is coming, but I just want to know what investors will feel like it paradventure, it doesn't come.
It will obviously devastated the majority of Bitcoin holders, because we are expecting a huge incoming bull run to the likes of $100k as this is the point of halving a bull run in the first place, big run that will make us big profits in the future or at least in 2025.
But if there is a change in pattern, and there are no bull run perhaps we will see a sell off and then others getting out of the market. While there could be still left with the diamond hand and continue to accumulate and wait for the next bull run to happen. So it's going to be a mix emotions to all of us I guess.
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I don't personally care about the price of Bitcoin dropping it is because I don't have that much hodlings on me and since I am practicing trading on futures I can still make profit regardless of how trends goes on as we all know we only have this up and down trend aside from the sideways which will also lead us to up or down.
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This topic is simple but can affect everyone's mind. Since we can't predict what exactly happens in the future, there is a chance that the bull run is over. But I believe that in the current situation of the price where it keeps on falling down, there are people who decided to sell their assets to $100k will sell their asset because of emotional stress. For me, who already experience this kind of stuff before, it's normal to happen that people were panic. But if you stick to your plan, and don't let your emotion control you'll be paid off in the future.
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I don't personally care about the price of Bitcoin dropping it is because I don't have that much hodlings on me and since I am practicing trading on futures I can still make profit regardless of how trends goes on as we all know we only have this up and down trend aside from the sideways which will also lead us to up or down.
Between spot trading and futures trading, actually there is not much difference... as long as we can exit before the bull run ends, and enter before the bear run ends... it still provides profits, even though they are not doubled... the bull run that ends is very impactful for holders, considering that their assets will definitely experience depreciation and I'm sure there will be a little regret in their hearts when there is an opportunity to sell when it is expensive, and buy back again for a larger amount....
If this bullrun doesn't touch $80k, I think this is a nightmare for some retail investors who expect that Bitcoin will break above $100k or even above $150k.... waiting for a bullish moment is not as easy as imagined, so of course it will be painful.
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I don't personally care about the price of Bitcoin dropping it is because I don't have that much hodlings on me and since I am practicing trading on futures I can still make profit regardless of how trends goes on as we all know we only have this up and down trend aside from the sideways which will also lead us to up or down.
Between spot trading and futures trading, actually there is not much difference... as long as we can exit before the bull run ends, and enter before the bear run ends... it still provides profits, even though they are not doubled... the bull run that ends is very impactful for holders, considering that their assets will definitely experience depreciation and I'm sure there will be a little regret in their hearts when there is an opportunity to sell when it is expensive, and buy back again for a larger amount....
If this bullrun doesn't touch $80k, I think this is a nightmare for some retail investors who expect that Bitcoin will break above $100k or even above $150k.... waiting for a bullish moment is not as easy as imagined, so of course it will be painful.
There will always be regret when we don't sell our assets at high prices, but as long as we keep holding Bitcoin, there is still a chance to enjoy high prices again in the next 4-5 years. Because we know that Bitcoin price movements will increase with the cycle I mentioned earlier. So this is how important it is for us to trade using money that is not being used in the near future so that when we are trapped in Cryptocurrency we will not panic and remain calm.
Bullishness will usually occur when there is good news that increases the use of Bitcoin or it becomes increasingly difficult for miners to produce Bitcoin, so that it will make the price of Bitcoin rise rapidly.
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Between spot trading and futures trading, actually there is not much difference..
I don't think so. In future, you will lose everything soon if you don't apply the right strategy. But in spot, you probably will decrease the amount of your money if you fail to apply a proper strategy. As long as you choose recommended coins, you won't lose everything in spot. At least, you will have another chance to recover your losses in spot.
If this bullrun doesn't touch $80k, I think this is a nightmare for some retail investors who expect that Bitcoin will break above $100k or even above $150k.... waiting for a bullish moment is not as easy as imagined, so of course it will be painful.
True. Bitcoin needs to increase above $80k in order to break $100k. If it never happens, I am also worried that many investors will be very disappointed. I suspect there will be massive people to exit if no big increase in Bitcoin price. This will be safe if Bitcoin really cross $100k.
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This topic is simple but can affect everyone's mind. Since we can't predict what exactly happens in the future, there is a chance that the bull run is over. But I believe that in the current situation of the price where it keeps on falling down, there are people who decided to sell their assets to $100k will sell their asset because of emotional stress. For me, who already experience this kind of stuff before, it's normal to happen that people were panic. But if you stick to your plan, and don't let your emotion control you'll be paid off in the future.
Well spoken mate. I believe one of the reasons the price keep dumping is because more Investors are selling off their Bitcoin. Letting emotions make the decision for them is absolutely unnecessary, and as an enthusiast it look childish. Bitcoin is a long term project, so why bother selling when we still have lots of bull ahead to experience. This is mostly don by newbies and traders who are always profit minded . Considering the risk in selling your coins anyhow, it's better to go for long term where you know that you'll still make profits irrespective of how long you wait. Having a Bitcoin portfolio for over a decade will guarantee a good profit.
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I'm sure, when the highest price was touched yesterday, not everyone sold... even people who bought BTC at $20k may not have made a decision because their prediction was that BTC would hit hundreds of thousands of $..and then realized that we all have too high expectations about Bitcoin, even greedy people want more... while Bitcoin is only manipulated by a few people.
Missing the moment is one of the risks of being a trader or an investor... which makes many people more experienced and wiser in making decisions. Maybe if I miss the moment to sell it, then I will sell some as long as it is still profitable... like when I bought BTC at $40k... and I miss the moment to sell at $70k, so I sell some at $60 Even now it's not a big problem.
Sometimes people don't want to sell their Bitcoin ever that's the reason that they cannot take profit from their investment and are always keeping their bitcoin holding without selling at any cost. I think the wise individuals will always prefer to take profit instead of keeping their bitcoin by missing all the time high worth every time.
If an Individual can make profit during the lower price means that his buying rate was lower than his selling rate then there should not be an issue because everything we are doing is to take profit and taking profit does not mean that we will just sell at 100k$ but we can sell at any cost if we are in profit.
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From all indications, there is every possibility that bull run likely happened before the halving. The bitcoin ATH touched above $70k before the halving occurred, and since then, there has been a drastic decline in the bitcoin price to this moment, and it might likely continue. Is this the possibility of a bear market approaching?
On a normal, it is always expected that after halving, the price of bitcoin plummets to a new price which should occur but here it is obvious that the reverse is the case. The thoughts of bitcoin price increasing have been dashed by the sudden decline in price. Another question that comes to my mind is this, is it because of the forth coming US Presidential election that results to this sudden price drop in bitcoin?
Although there are other factors that could have warranted this sudden price decline but when it comes to the US national activities such as the elections, it kind of likely affects the crypto market just like it happened the last general election and there is every possibility of it repeating itself again this time.
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The bull run can not be over because it has not been experienced to this current circle of event.
This question would be more considerate if we have been recently active in the bull run and investors are being attracted to come and invest due to the high increase and then so sudden the price began to Dip.
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From all indications, there is every possibility that bull run likely happened before the halving. The bitcoin ATH touched above $70k before the halving occurred, and since then, there has been a drastic decline in the bitcoin price to this moment, and it might likely continue. Is this the possibility of a bear market approaching?
Honestly, I am a bit confused. Do you mean bullrun happened before halving? or you mean bullrun started before halving? :-\
IMHO, it doesn't mean bullrun season has been over even if Bitcoin created a new ATH, above $70k. According the previous bullrun seasons, Bitcoin should create a higher ATH. If we consider 4 years cycle, we also still has 1 remaining year (in 2025). So, the current drastic decline is just a correction. It is not a sign of the beginning of bearish season.
On a normal, it is always expected that after halving, the price of bitcoin plummets to a new price which should occur but here it is obvious that the reverse is the case. The thoughts of bitcoin price increasing have been dashed by the sudden decline in price. Another question that comes to my mind is this, is it because of the forth coming US Presidential election that results to this sudden price drop in bitcoin?
How do you define normal? I think everything is normal. Bitcoin has reached above $70k is normal because it is the impact of the ETF Bitcoin news. If the current price is decreasing a lot, it may be caused of the issue on US Presidential election. We also hear about MT Gox news. These some big issues surely influence the demand in the market. But this will last temporarily only!
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The bull run can not be over because it has not been experienced to this current circle of event.
This question would be more considerate if we have been recently active in the bull run and investors are being attracted to come and invest due to the high increase and then so sudden the price began to Dip.
Lol, if you think bitcoin going from $14k to over $70k in the space of 2 to 3 months isn't a bull run, then I advise you think again.
But on the other hand, let me assume I understand and see reasons with you actually, and this is because, I understand that the term "bull run" in cryptocurrency can mean different things for different people, so, maybe you might want to tell us what a bull run means to you, how many X (maximum) do you want bitcoin to do for the increase in its price to be considered a bull run to you?
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what if that was the bull run, and right now, we are in another three years long bear season again?
if you make wrong assumptions there's a very high chance for you to make wrong decisions this is why rather than assuming you should always check the facts, and the best way to verify the facts concerning bitcoin is to always look at the charts involved. A simple look at the charts can clear your doubts and make your belief in bitcoin to keep investing and holding to increase and be stronger.
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it may be caused of the issue on US Presidential election. We also hear about MT Gox news. These some big issues surely influence the demand in the market. But this will last temporarily only!
These are just temporary issues affecting the market currently. It is always a norm in the Crypto space that when it comes to issues or news bothering the US general elections, it kind of affects the Crypto generally. It happened the.last US general elections and now it is happening again. I believe it would be over and we all know that when it comes to occurrences like the MT GOX news as you have said, things of that nature also have a downtone on the market because it calls for pannic but in all, the market would pick up after a while. So it is better for those who wants to invest to take advantage of the situations as it affects the market price declining to hold and bag more while it last for a while.
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The question OP asked is a simple one but very scary. If actually the bull run has come and gone, it is a problem to the investors. Especially long-term investors who were waiting for this opportunity to cash out. But whatever is the case, the best option to use going forward is the DCA method which will keep the investor in check until when necessary to exit the market. Don't be surprised, everything is possible in this industry.
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it may be caused of the issue on US Presidential election. We also hear about MT Gox news. These some big issues surely influence the demand in the market. But this will last temporarily only!
These are just temporary issues affecting the market currently. It is always a norm in the Crypto space that when it comes to issues or news bothering the US general elections, it kind of affects the Crypto generally. It happened the.last US general elections and now it is happening again. I believe it would be over and we all know that when it comes to occurrences like the MT GOX news as you have said, things of that nature also have a downtone on the market because it calls for pannic but in all, the market would pick up after a while. So it is better for those who wants to invest to take advantage of the situations as it affects the market price declining to hold and bag more while it last for a while.
Politics should not be able to have a direct impact on Bitcoin price movements directly, but this all happens because of whales who try to take advantage of this moment to cause price movements and make profit withdrawals. Whales with the money they use for trading are in such large amounts that it is impossible for them to move market prices without bad or good news circulating in several large media that are often visited by Cryptocurrency observers.
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True. Bitcoin needs to increase above $80k in order to break $100k. If it never happens, I am also worried that many investors will be very disappointed. I suspect there will be massive people to exit if no big increase in Bitcoin price. This will be safe if Bitcoin really cross $100k.
You are right but considering the fact that Bitcoin price use to make a serious correction after halving, investors should understand that this is a normal movement for Bitcoin, and in as much as Bitcoin price normally start increasing on the year the halving took place doesn't mean that is going to repeat every season, so perhaps it could be that Bitcoin is planning to make a serious move from next year.
Though all hope are not totally lost in terms of moving up a bit this year because already we still have some months to the end of the year, so in as much as we may feel that Bitcoin price will not go up this year but anything could be possible because I have see how Bitcoin have use a space of one month and move very higher, so actually I see no reason why people should be disappointed in Bitcoin if it does not move the way they had expected because already is certain that with time it will continue the uptrend so they shouldn't panic about it.
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You might not be far from the truth. Whenever the bull run is over, only few people see that coming and few people would sell all there bags while the rest are still bullish and that's how everyone is feeling right now, the market will be dumping gradually until a bed rock of support is form where a reversal start again where we do see some consolidation or another leg up like higher low continuesly.
But I think some people are depending on the demand of the institutional investors because the interest is there, there are more ETF people are expecting like to the ethereum and Solana, this news will draw more interest and the market can go another run from where we stop.
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As for me, I won't be cool, and this is because I am already in almost 80 percent loss in most of my Altcoins holdings. 🤣
That really hurt I know how it feels there was a time when I lost 95% of my holdings, sometimes we should not give ourselves false hope that things are going better, we should assess our portfolio from time to time and accept the fact that we should sell anytime to cut our losses.
Hanging onto our dear coins will result in bigger losses, I was holding to my coin when I was done 20% slept on it, and wake I was down 60% so things happen when you are sleeping and you have to make crucial decisions, cut your losses or holding on and hope the price will recover.
Someone cutting their losses at this time is not a good idea to take rather than holding on and hoping that their altcoins hodl in their portfolio will recover when is time for altcoins season.
I started investing in some potential altcoins last year and I am not being shaken by the losses made from it rather than being optimistic that their price will recover when it's time.
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it may be caused of the issue on US Presidential election. We also hear about MT Gox news. These some big issues surely influence the demand in the market. But this will last temporarily only!
These are just temporary issues affecting the market currently. It is always a norm in the Crypto space that when it comes to issues or news bothering the US general elections, it kind of affects the Crypto generally. It happened the.last US general elections and now it is happening again. I believe it would be over and we all know that when it comes to occurrences like the MT GOX news as you have said, things of that nature also have a downtone on the market because it calls for pannic but in all, the market would pick up after a while. So it is better for those who wants to invest to take advantage of the situations as it affects the market price declining to hold and bag more while it last for a while.
Politics should not be able to have a direct impact on Bitcoin price movements directly, but this all happens because of whales who try to take advantage of this moment to cause price movements and make profit withdrawals. Whales with the money they use for trading are in such large amounts that it is impossible for them to move market prices without bad or good news circulating in several large media that are often visited by Cryptocurrency observers.
Politics should not be an effect though but the current situation of things warrant such to be. The leader's who makes the law are politicians in one way or the other. Policies passed are approved by the assembly or congress which validates my point. The US last general elections had a downtone on the Crypto market as it went bear before and after elections. There is this fear any time it is general elections and the panic to sell arises because there is always an uncertainty that whom ever wins might put a law that would either favour or affect the Crypto but currently now the major contenders are really talking positive towards crypto which is a good thing.
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Yeah, it's a simple but scary question to many of us, most especially those who started investing in bitcoin and Altcoins recently in preparation for the coming bull run, what if the bull run is actually over?
And do you know that those who bought bitcoin at the price range of $14k to $20k have had a good bull run already? Yeah, they have made massive profit.
Remember Solana was below $20 at the time the price of bitcoin was below $20k, but Sol almost touched $200 before the present crash we are seeing - what if that was the bull run, and right now, we are in another three years long bear season again?
Just imagine it and tell us what you did feel like if this was to be the case..
Imaging will not give the answer that was the peak bear moment when BTC and SOL were that low. People buying at that moment are the real benefactors they saw the opportunity and took it. I even saw the prices of BTC and SOL at that moment but did not have the funds to buy more. That time was the best time to fill your bags with BTC and other good coins. The bull run is not over yet because BTC did not make its ATH.
We know that btc made an all-time high after the bull run and it was not made this time. It is made before the halving but I don't call it as one because it has to be made after halving. Some people are saying there are 2 phases to bull run and the first is over and the second is coming after this dip. Let's say people will dump BTC buy Alts and then dump alts and buy BTC. Is this how the cycle will go.
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The question OP asked is a simple one but very scary. If actually the bull run has come and gone, it is a problem to the investors. Especially long-term investors who were waiting for this opportunity to cash out. But whatever is the case, the best option to use going forward is the DCA method which will keep the investor in check until when necessary to exit the market. Don't be surprised, everything is possible in this industry.
If what is said is true, it will certainly arouse the curiosity of almost all those who invest, because the time they have been waiting for a long time has not happened and failed to happen, even though this possibility is always there, and it may or may not be. I agree, the DCA scheme is the best way to act immediately if something undesirable actually happens.
Even though what you say is a possibility that could happen in this industry, the optimism of most investors is not as predicted by the op, hopefully this is a sweet spice that can be obtained in the future.