Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Thenticity on December 11, 2024, 09:30:58 AM
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I wasn’t really active untill 2019 and crypto and blockchains have existed way before that.
My first bullrun experience was 2020 and to me no bullrun is yet to topple its record since then. This cycle looks promising but unless it lasts longer, I do not think it is still going to break that record.
What do you think?
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I wasn’t really active untill 2019 and crypto and blockchains have existed way before that.
My first bullrun experience was 2020 and to me no bullrun is yet to topple its record since then. This cycle looks promising but unless it lasts longer, I do not think it is still going to break that record.
What do you think?
It's 2017, I here when that happens, and so it's from $1k to almost $20k in December, with the whole ICO boom and then airdrops and then CME and CBOE entering offering Bitcoin future contracts.
And if my number is right that will be around 1900% right?
If my memory serves me right, the next bull run is around $8k-$60k'ish, so that's around 700%.
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Are you referring to the general crypto market or a token?
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Are you referring to the general crypto market or a token?
That's a good point.
You can even get a highly profitable portfolio in a bear market , as all you need to have profit is an allocation in a good token that will skyrocket.
However, in general, there was much more volatility in past cycles, so past cycles are more profitable in general.
For example, em 2016 bitcoin was $500 and it reached $20k in 2018 (40x).
In 2018 it reached 4k and it moved to 60k in 2021 (20x only), and now it moved from 16k to 100 (only 6x)
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~snip~
For example, em 2016 bitcoin was $500 and it reached $20k in 2018 (40x).
In 2018 it reached 4k and it moved to 60k in 2021 (20x only), and now it moved from 16k to 100 (only 6x)
During 2016, the price of BTC was around $400 (if I remember correctly at the time of the halving), and by the end of the year it increased to $1000, and then finally stopped at around $20k at the end of 2017. So we can say that that bull run ended with x50, which caused great media interest and put BTC in the spotlight.
In 2018 the price fell to only around $3000 and the next bull run stopped at $69k - and now it all depends on whether you look at the price relative to the last ATH or the lowest it touched in the last cycle.
The most profitable was to buy BTC while it was still worth a few $, or to mine at least one block of 50 BTC while it was still possible with an ordinary computer.
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A lot of those users who have been around since 2016 always remember the ICO time where even the bounty hunters are making $100k and above at the peak of bull market.
The altcoin market wasn't that good after that time. It's like people have learned a lot to avoid altcoins because of how bad it turned out in the bear market.
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A crypto bull run represents a period in the crypto market when crypto prices rise and investors become more optimistic. The primary highlight of the crypto bull run is the entry of new investors and increased trading volume. This issue is ongoing and the number of new members in the crypto is constantly increasing with the increase in the price of bitcoin. Each crypto bull run prediction will focus on important characteristics of a bull run such as rising prices, investor optimism and increasing trading volume. ICO gained momentum during the crypto bull run in 2017 and invited more media coverage for cryptocurrency.
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A lot of those users who have been around since 2016 always remember the ICO time where even the bounty hunters are making $100k and above at the peak of bull market.
The altcoin market wasn't that good after that time. It's like people have learned a lot to avoid altcoins because of how bad it turned out in the bear market.
If there’s a bear run after a bear market and vice versa, surely they’ll always be a bull market. Isn’t that how the cycle works?
Also about altcoins, I myself am very cautious when I deal with them. Right now, I only invest in an Altcoin that has real utility.
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I believe the most profitable bull in the history of Bitcoin can be dated back to 2017, During January Bitcoin was just around $1,100, but when the bull run started, the price of Bitcoin magically skyrocketed to a new ATH of almost around $20k in December same year. I think what fueled this remarkable growth was the launch of Bitcoin futures by the Chicago Mercantile Exchange and that was also the year that the first Bitcoin ETF was introduced. I think that has been the highest so far till date.
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What do you think?
I am sure that you know about the word "early investor". Early investors are those who have invested in a coin i.e. cryptocurrency since its starting and are currently making huge profits.
What I understand from these things is that the initial journey of each coin is not comparable to its future journey like in todays, as already mentioned by Bitmover, after 2016, Bitcoin made about 40x profit in the 2018 bull season and then 20x in 2021. And speaking of now, the maximum we can see is 8x in this bull season.
So definitely 2018 was the most profitable ever and I don't think that it will happen again in the future.
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For example, em 2016 bitcoin was $500 and it reached $20k in 2018 (40x).
In 2018 it reached 4k and it moved to 60k in 2021 (20x only), and now it moved from 16k to 100 (only 6x)
Nice comparison bitmover ;)
I remember in 2017 when I started mining ETH
I'll also cite 2017 as the best bull run because everything was profitable
I bough a lot of GPUs and in a few months they were paid with the money of ETH
You could buy almost any coin and the next day you were in profit
However, it was my first cycle and I practically didn't sell anything, so I ended 2018 with a bag of coins that had devalued by almost 90% or more... :P
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Are you referring to the general crypto market or a token?
That's a good point.
You can even get a highly profitable portfolio in a bear market , as all you need to have profit is an allocation in a good token that will skyrocket.
However, in general, there was much more volatility in past cycles, so past cycles are more profitable in general.
For example, em 2016 bitcoin was $500 and it reached $20k in 2018 (40x).
In 2018 it reached 4k and it moved to 60k in 2021 (20x only), and now it moved from 16k to 100 (only 6x)
Yes, absulatly correct opinion you could express in your post. I also know that in 2018 bitcoin price is also increase 6x profit. I also believe that in this time bitcoin carried in bull run in cryptocurrency market. I think that within a short time bitcoin price is also increase gradually in cryptocurrency market. Because we know that US president donald trump also support in cryptocurrency. So i believe that it will be best turning point for crypto currency market. So i also believe and expect in bitcoin bull run in cryptocurrency market.
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I am assuming that OP here is principally talking on bull run by Bitcoin and based on that I made some Google search so we can have a confirmed data. Based on an article from Kucoin which is a reputable crypto exchange operating for years, it is known that 2017 bull run got the record of 1,900% dramatic rise for BTC.
Here is an excerpt (https://www.kucoin.com/learn/crypto/the-history-of-bitcoin-bull-runs-and-crypto-market-cycles): "A Bitcoin bull run is a period of sustained, rapid price growth, often driven by key events like halving cycles, increased adoption, or regulatory shifts. The earliest bull runs, such as in 2013, saw Bitcoin rise from around $145 in May to nearly $1,200 by December, a 730% gain fueled by early adoption and infrastructure development. Later, the 2017 bull run was marked by heightened media attention and retail interest due to the Initial Coin Offering (ICO) boom, with Bitcoin soaring from about $1,000 in January to nearly $20,000 by December—a staggering 1,900% increase. The 2020-2021 bull run, catalyzed by institutional adoption and growing acceptance, drove Bitcoin from around $8,000 in early 2020 to over $64,000 by April 2021, a 700% jump."
While we are looking for a good bull run in the coming 2025, I think the record established in 2017 is something already impossible to tackle on.
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Profitable bull run? I don't think there is any measure that one can use to compare one bull run against the other and measure the profitability. But yes, this is pretty much spot on.
However, in general, there was much more volatility in past cycles, so past cycles are more profitable in general.
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I second the opinion that past cycles are more profitable. No surprising considering the nature of low volume and potential upside that were much higher in the past. I got some random airdrops in 2017 and at ATH it's worth more than $3k, even though they disappeared as soon as the bull market ended. I don't think I'll see another one in the future. I don't think that's a reason to stop trading or investing for the next cycles though. You'll still make money anyway and if you're looking for the next 100x tokens I bet you there'll be a new trend (whether it rises organically or not) that you can jump on if you're a bit lucky.
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Yes, absulatly correct opinion you could express in your post. I also know that in 2018 bitcoin price is also increase 6x profit. I also believe that in this time bitcoin carried in bull run in cryptocurrency market. I think that within a short time bitcoin price is also increase gradually in cryptocurrency market. Because we know that US president donald trump also support in cryptocurrency. So i believe that it will be best turning point for crypto currency market. So i also believe and expect in bitcoin bull run in cryptocurrency market.
So after Donald trump, what happens to the market? Remember he can only serve one more term and that’s 4 years.
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Yes, absulatly correct opinion you could express in your post. I also know that in 2018 bitcoin price is also increase 6x profit. I also believe that in this time bitcoin carried in bull run in cryptocurrency market. I think that within a short time bitcoin price is also increase gradually in cryptocurrency market. Because we know that US president donald trump also support in cryptocurrency. So i believe that it will be best turning point for crypto currency market. So i also believe and expect in bitcoin bull run in cryptocurrency market.
So after Donald trump, what happens to the market? Remember he can only serve one more term and that’s 4 years.
We don't know what will happen in the first 4 years of Donald Trump if that's the case. We don't know what happens next if the US begins to use Bitcoin as its strategic reserve. Whether Bitcoin would reach the $250k benchmark because of that. All these are unknown to people whether we will find out next year to be the most profitable bull run than that of 2017. Who just know?
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We don't know what will happen in the first 4 years of Donald Trump if that's the case. We don't know what happens next if the US begins to use Bitcoin as its strategic reserve. Whether Bitcoin would reach the $250k benchmark because of that. All these are unknown to people whether we will find out next year to be the most profitable bull run than that of 2017. Who just know?
This could be a new future for crypto and a new history that surpasses the time in 2017 when Trump fully adopted bitcoin.
$250k might be a crazy ATH and the altcoin is experiencing tremendous gains.
Trump only needs to realize what he promised before the election about bitcoin which will fully support and of course during his 4 years of leadership there must be a new breakthrough so that bitcoin can become the most popular digital currency.
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So after Donald trump, what happens to the market? Remember he can only serve one more term and that’s 4 years.
The success of the market is not tied to one individual and certainly not tied to Donald Trump. After Donald Trump, crypto will continue in its growth curve. One coin that will do well under Trump is XRP. It is not financial advice to invest in it, but just that there are a lot of activities going on with Ripple in preparation for next year.
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So after Donald trump, what happens to the market? Remember he can only serve one more term and that’s 4 years.
The success of the market is not tied to one individual and certainly not tied to Donald Trump. After Donald Trump, crypto will continue in its growth curve. One coin that will do well under Trump is XRP. It is not financial advice to invest in it, but just that there are a lot of activities going on with Ripple in preparation for next year.
Exactly, Trump is one of the crypto market triggers into a bullrun and this is successful, even this will be successful again when he is inaugurated, hopefully, because every crypto increase, needs good news to be an motivator or supporter. and this often happens in every period, when a bullrun is about to occur, there will be various positive news that support each other's Bitcoin and altcoin prices to rise. and after that, there will be FUD to make the crypto market go down. and if it is not related to Trump anymore, there will definitely be various good news again in the future that can make the crypto market go up again and an optimal bullrun occurs.
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My first bullrun experience was 2020 and to me no bullrun is yet to topple its record since then. This cycle looks promising but unless it lasts longer, I do not think it is still going to break that record.
This is the best bull run for me, and I'm sure many will agree. When you have the backing of soon to be one of the most powerful men in the world, things can only get better.
We are better now, and we will be better once he sits and fulfills what he promises. I think we'll have one of the longest bullruns in history; I just don't know how long we just have to enjoy while it lasts.
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I think the crypto market is going to break the 2020 record because the rate of regulations have reduced. The US president supports crypto and many more green lights around it.
I believe the next year pump is gonna be massive with all these advantages around the crypto market. I've been buying more and now, I've longed Bitcoin as well
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I wasn’t really active untill 2019 and crypto and blockchains have existed way before that.
My first bullrun experience was 2020 and to me no bullrun is yet to topple its record since then. This cycle looks promising but unless it lasts longer, I do not think it is still going to break that record.
What do you think?
The most profitable bull run was at 2017, which was the very first spark light to the crypto industry and Bitcoin being the chief of the spark. Breaking the record looks impossible, just that no one knows what the future has in store.
President Donald Trump being the very first president who has openly spoken supportively for the crypto industry could bring a way out for another milestone to be broken.
Countries are now adopting crypto currencies, while bans on crypto currencies are being lifted. The industry will face more big investors and crypto enthusiasts which will have a positive effect on the industry, which could bring another historical bull run record again.
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I wasn’t really active untill 2019 and crypto and blockchains have existed way before that.
My first bullrun experience was 2020 and to me no bullrun is yet to topple its record since then. This cycle looks promising but unless it lasts longer, I do not think it is still going to break that record.
What do you think?
The most profitable bull run was at 2017, which was the very first spark light to the crypto industry and Bitcoin being the chief of the spark. Breaking the record looks impossible, just that no one knows what the future has in store.
President Donald Trump being the very first president who has openly spoken supportively for the crypto industry could bring a way out for another milestone to be broken.
Countries are now adopting crypto currencies, while bans on crypto currencies are being lifted. The industry will face more big investors and crypto enthusiasts which will have a positive effect on the industry, which could bring another historical bull run record again.
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So after Donald trump, what happens to the market? Remember he can only serve one more term and that’s 4 years.
Another future presidential candidate will also consider the cryptocurrency community to attract attention and get votes in the next election... of course he will make an interesting promise so that cryptocurrency holders will vote for him... don't worry about what will happen in the next cycle, because the next halving is still a long way off and we have more time to buy more BTC
Unexpected moments will certainly come when bitcoin will be bullish, all of which will happen with some possibilities that were never thought of, even though Trump will not run for president again in the next period.
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I wasn’t really active untill 2019 and crypto and blockchains have existed way before that.
My first bullrun experience was 2020 and to me no bullrun is yet to topple its record since then. This cycle looks promising but unless it lasts longer, I do not think it is still going to break that record.
What do you think?
It's 2017, I here when that happens, and so it's from $1k to almost $20k in December, with the whole ICO boom and then airdrops and then CME and CBOE entering offering Bitcoin future contracts.
And if my number is right that will be around 1900% right?
If my memory serves me right, the next bull run is around $8k-$60k'ish, so that's around 700%.
Yes, it is the 2017 bull run. That's also the time when I started my crypto journey, and I started learning while the market is pumping. Speaking about good timing. :D If only I started a year earlier, I would've maximized that bull run as well.
Anyway, it seems like there's a pattern on this bull market. In 2017, you said that it went up at around 1900%-2000%, and in the 2021 bull run, it went up around 700%. In this bull run that's happening, the percentage of increase of Bitcoin would go as well, and TBH, I'm already happy if Bitcoin will at least double its previous March 2024 ATH which at around $73,000, I think.
As the price of Bitcoin goes up, the percentage of increase goes down and I think it's understandable since it will be harder how for Bitcoin to go up in price since for some, they see it as very expensive already compared to the 2017 and 2021 bull run.
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A lot of those users who have been around since 2016 always remember the ICO time where even the bounty hunters are making $100k and above at the peak of bull market.
The altcoin market wasn't that good after that time. It's like people have learned a lot to avoid altcoins because of how bad it turned out in the bear market.
sometimes i think why altcoin after bearish period, it is hard to go up and if they can't hold then the coin becomes worthless and called dead coin, even coin which has quite good value can become 0.000xx $
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To add to what I earlier said, profitability during bull Run is based on individuality and their investment rank. What I mean by that is, take for example, earlier this year, Bitcoin was trading at $42k and during that time, I believe that some persons bought just 1 Bitcoin, others might buy 4, 10, 50 or 100 Bitcoin respectively and not that Bitcoin has gone from $42k to $107k , you can not expect the profitability of all those investors to be the same. All of them got a lot of profit and only them can say if it was the most profitable bullrun for them or not. This year could be the most profitabile for me but to another person it's not.
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A lot of those users who have been around since 2016 always remember the ICO time where even the bounty hunters are making $100k and above at the peak of bull market.
The altcoin market wasn't that good after that time. It's like people have learned a lot to avoid altcoins because of how bad it turned out in the bear market.
If there’s a bear run after a bear market and vice versa, surely they’ll always be a bull market. Isn’t that how the cycle works?
Also about altcoins, I myself am very cautious when I deal with them. Right now, I only invest in an Altcoin that has real utility.
Even the coins that has utility weren't making a good run but there are tokens we don't expect to go up yet surprisingly its providing a good profit for those who just pick the token because an influencer invest to It.
The exchanges has something to do with it though because whenever an altxoinkisted either on coinbase or binance, investors are going to buy them.
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We don't know what will happen in the future, but we can make predictions. Donald Trump will definitely do something during his next four years in power that can take the price of Bitcoin to a significant level. No US government has supported Bitcoin in this way in the past. It was during the time of Glary Gensler that Bitcoin ETF was forced to be approved. Donald Trump's positive attitude of Bitcoin has increased people's trust in Bitcoin all over the world. Even if he is not in power after the next 4 years, people will still have trust in Bitcoin.
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I have been in the crypto space since 2017 I guess and to my knowledge 2018 was the profitable than the other cycle, I might be wrong but it was my first experience to witness the rapid growth of how it can reach from 1K to 20K despite lot of things going on. Well there's no point in discussing about what happened in the past, let's focus on the present and make the future better.
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I wasn’t really active untill 2019 and crypto and blockchains have existed way before that.
My first bullrun experience was 2020 and to me no bullrun is yet to topple its record since then. This cycle looks promising but unless it lasts longer, I do not think it is still going to break that record.
What do you think?
This is just the beginning of the bull run as many people have said, because 2025 is a more promising year for many people to think that bitcoin will make more bullish movements on. The market is very much in its bullish phase and it is still showing that it is going to go up more. A lot of people are already projecting it for $150K already to be the ATH for this bull run, if it’s going to make it to that price, it shows that it’s almost performing as that of last bull run or even more than, I don’t know the exact percentage increase as of the last bull run for bitcoin. With the optimism people are having about bitcoin in this bull run, I think we are far from saying it’s already coming to an end so soon. We will see more bullish momentum and bitcoin will make new highs in the coming months hopefully.
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I have been in the crypto space since 2017 I guess and to my knowledge 2018 was the profitable than the other cycle, I might be wrong but it was my first experience to witness the rapid growth of how it can reach from 1K to 20K despite lot of things going on. Well there's no point in discussing about what happened in the past, let's focus on the present and make the future better.
I also got a lot of profit at that time in 2017 and 2018.
But now I am focused on this year and next year, because it is likely that next year we will see the Bullish Season.
Currently I am trying to add to my coin collection because I will maximize my profit next year, with the previous Bullish season's experience.
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2017 was my first and that was the most memorable year for me. I made pretty decent profit that year because I was just holding my Bitcoin rewards and also investing into Altcoins. That was also the time when ICO's and projects are not that scammy unlike todays where rug pulls are a norm.
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2017 was my first and that was the most memorable year for me. I made pretty decent profit that year because I was just holding my Bitcoin rewards and also investing into Altcoins. That was also the time when ICO's and projects are not that scammy unlike todays where rug pulls are a norm.
We know that 2017 is also a best memorable for cryptocurrency world. Because we know that it would be a best profitable year for cryptocurrency market. But if we follow in crypto currency market in this time, we can see that bitcoin price is increasing gradually in crypto currency market. So I believe that bitcoin is continue to bull run in this time. I also believe that 2025 will be best profitable year for bitcoin in crypto currency market. Because we know that Donald trump win for main reason for bull run in bitcoin.
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I wasn’t really active untill 2019 and crypto and blockchains have existed way before that.
My first bullrun experience was 2020 and to me no bullrun is yet to topple its record since then. This cycle looks promising but unless it lasts longer, I do not think it is still going to break that record.
What do you think?
In my experience, 2017 was the year I started learning about bitcoin and cryptocurrencies, and this was also the first year I experienced making a big profit in crypto, with more than $20k in earnings. So until now, I've stayed here because I believe that what I earned that year will be repeated again during this bull run that we are facing now.
Because this time I will definitely get more than what I earned in 2017 because I have several bags of crypto assets holdings in my wallet addresses.
Just waiting for my price target for these.
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2017 was my first and that was the most memorable year for me. I made pretty decent profit that year because I was just holding my Bitcoin rewards and also investing into Altcoins. That was also the time when ICO's and projects are not that scammy unlike todays where rug pulls are a norm.
We know that 2017 is also a best memorable for cryptocurrency world. Because we know that it would be a best profitable year for cryptocurrency market. But if we follow in crypto currency market in this time, we can see that bitcoin price is increasing gradually in crypto currency market. So I believe that bitcoin is continue to bull run in this time. I also believe that 2025 will be best profitable year for bitcoin in crypto currency market. Because we know that Donald trump win for main reason for bull run in bitcoin.
yeah trump's victory has a big impact on the increase in bitcoin prices and this will be even more apparent next year after trump's inauguration as US president.
Many predict that the price of bitcoin will reach more than $ 150K, let's just wait.
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However, as a mystery is we do not know how big the next bullrun will be, right? This means that the 2020 bullrun was indeed the best so far, it is not necessarily the best for next year or the next BTC halving... meaning there are still possibilities to break it...
And in my personal opinion, the cryptocurrency bullrun can only be maximized by a few people.. we always hope to get good and perfect results, but in fact it is very difficult, even if the 2020 bullrun suddenly repeats itself, we may not be able to get the highest profit.
Instead of regretting or dwelling too much on the past, we can focus on progress for the future... this year's bullrun is not over yet.
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However, as a mystery is we do not know how big the next bullrun will be, right? This means that the 2020 bullrun was indeed the best so far, it is not necessarily the best for next year or the next BTC halving... meaning there are still possibilities to break it...
And in my personal opinion, the cryptocurrency bullrun can only be maximized by a few people.. we always hope to get good and perfect results, but in fact it is very difficult, even if the 2020 bullrun suddenly repeats itself, we may not be able to get the highest profit.
Instead of regretting or dwelling too much on the past, we can focus on progress for the future... this year's bullrun is not over yet.
Analysing the market of cryptocurrencies, which impacts the price of tokens, is far from knowing certainty, but it is much more about the possibility of consistent improvement. When volatility plays a part of it, we get the unique chance to review our steps and assess the strategies in question to make steps forward more aligned with our ultimate goals. Rather than become euphoric or regretful we can in fact use each cycle as a way of building our understanding and skills of investment. The market may go up or down than expected but with strategy and focus there is always room to maneuver and maximize gain without loss sight of the risk attendant with such maneuvers. Still, the increasing number of scenarios allows us to go on developing more accurate perceptions and, therefore, keep things reasonable.
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There is nothing to expect than each of the bullrun season being a long term and profitable one, because investors have made a number of commitments putting aside the things just to make sure that they have more concentrations on the season and get the best from it, i will instead say that the most profitable one to us in time of of personal performance which have contributed towards it profits made.
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I got that profit in 2021 where I felt my first bullrun in crypto, many of the bounty coins that I participated in had a higher value than now, this year's bullrun seems like I will bite my fingers because I have finished everything on btc 80k$ yesterday
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I wasn’t really active untill 2019 and crypto and blockchains have existed way before that.
My first bullrun experience was 2020 and to me no bullrun is yet to topple its record since then. This cycle looks promising but unless it lasts longer, I do not think it is still going to break that record.
What do you think?
I joined crypto in the last bull run but I was totally newbie and knew nothing about trading and investing and unfortunately I did not made enough from trading but from bounties alone. One thing I leared is that every bull run has something new in their narratives, and older ones are totally dead till new bull run. Like metaverse was the hottest topic in the last bull run and it felt like without metaverse world cannot move forward and now no one gives a damn about such projects haha.
AI narrative has replaced it and now every other narrative is trying to add AI in their projects, they all want a piece of it and not want to left behind. I think this bull run is more bullish then the previous one because I saw the last bull run maybe my answer would be different if I would have the same knowledge in the last bull run.
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[~snip~]
i will instead say that the most profitable one to us in time of of personal performance which have contributed towards it profits made.
High bullrun, does not even guarantee that every holder is able to get maximum profit... there must be someone who makes a prediction error because the market conditions are too crazy... the market increase can be up to thousands of percent, but because everyone has a different strategy, it is possible that some of them only get a profit of 10%... it often happens, because strategy and luck factors make everyone have different profits...
I myself had a pleasant experience this year, yes the previous BTC halving cycle did not provide greater profits than this cycle, maybe because my experience regarding market conditions is still lacking, and this time I was quite successful in making experience my teacher.