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Author Topic: What if the bullrun is over?  (Read 2643 times)

Offline 0t3p0t

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Re: What if the bullrun is over?
« Reply #30 on: June 28, 2024, 03:31:04 PM »
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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Re: What if the bullrun is over?
« Reply #30 on: June 28, 2024, 03:31:04 PM »

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Offline jeraldskie11

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Re: What if the bullrun is over?
« Reply #31 on: June 28, 2024, 06:55:57 PM »
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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Re: What if the bullrun is over?
« Reply #31 on: June 28, 2024, 06:55:57 PM »

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Offline bayu7adi

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Re: What if the bullrun is over?
« Reply #32 on: June 29, 2024, 08:07:40 AM »
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.

Offline pieppiep

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Re: What if the bullrun is over?
« Reply #33 on: June 29, 2024, 03:54:36 PM »
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.

Offline UNIVERSE

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Re: What if the bullrun is over?
« Reply #34 on: June 29, 2024, 05:04:59 PM »
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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Re: What if the bullrun is over?
« Reply #35 on: July 06, 2024, 08:59:45 AM »
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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Offline Jamal Aezaz

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Re: What if the bullrun is over?
« Reply #36 on: July 06, 2024, 10:06:30 AM »
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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Re: What if the bullrun is over?
« Reply #36 on: July 06, 2024, 10:06:30 AM »


Online Cryptsafe

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Re: What if the bullrun is over?
« Reply #37 on: July 06, 2024, 12:29:06 PM »
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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Re: What if the bullrun is over?
« Reply #38 on: July 06, 2024, 12:59:17 PM »
 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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Re: What if the bullrun is over?
« Reply #39 on: July 06, 2024, 03:14:49 PM »
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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Re: What if the bullrun is over?
« Reply #40 on: July 06, 2024, 07:01:56 PM »
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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Re: What if the bullrun is over?
« Reply #41 on: July 06, 2024, 08:42:27 PM »
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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Re: What if the bullrun is over?
« Reply #42 on: July 06, 2024, 08:58:09 PM »
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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Re: What if the bullrun is over?
« Reply #43 on: July 07, 2024, 11:43:44 PM »
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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Re: What if the bullrun is over?
« Reply #44 on: July 08, 2024, 07:48:26 PM »
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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