Bitcoin Forum

We had 4.5 months at the bottom in the $3000s. Smart money was filling up the bags. But I saw plenty of people on here adamant that it would continue crashing to 2000s or 1000s or some ever said it'd drop to like $800 haha. I remember arguing with someone that people need to be buying the bottom ($3000s) to get the best deal, and he was arguing that its better to buy higher later on once it has started going up (makes no sense to me!).


So to all you who refused to buy at the bottom, waiting for a price that now obviously won't ever come, are you buying now? Are you still hoping for a magical 50%+ drop from these prices? Will you wait for like $7000 or $8000 or $10,000 before you start buying? What is your strategy now that you watched the entire bottom go on by are missed it entirely?

Fuck you with your I told you so's, that's just bad karma. Keep it up, and the price will probably crash into your worst nightmares, the bulltard that you are.

hahahaha. winslowIII confirmed as someone who thought it'd crash to 1000 and missed the bottom.

Nope - it goes more like this: WinslowIII confirmed nonasshole, thecodebear: confirmed asshole. If you end up being right and went all in when it was in the $3ks then you are a lucky prick, but that doesn't give you the right to shove it in the faces of those who called it wrong. Calling the bottom is hard, just as calling the top is.

I'm not saying that the prices will still drop, as no one knows in the first place, but how did you even come to the conclusion that sub 3000 will never come? It's still definitely possible. Dropping down to below 3000 is just somewhere around a 50% drop from the current price($5,318.80 as we speak), which, if you've been in the cryptocurrency space for a while, you would know that 50%+ drops aren't even rare.

With the next halving a little over a year from now, I'd be pretty suprised if sub $3ks comes, or sub $4ks for that matter. This isn't the uncertain times when China was  dumping loads anymore. The best thing that ever happend to crypto was Chinese being banned and getting the fuck out, the second best was Trump. Now, if the next president is a democrat in 2020, panic of  regulations could ruin the next pump. Hope it doesn't happen, but there it is.

It sure gets unlikely by the minute, but another price crash at this price point is still far from impossible. Regardless if bitcoin's supply printing is going to be a lot less next year, it can still easily be outpowered by lots of executed sell offers. Low demand can easily beat low supply.

Yep there are buying now, a misconception when someone say this the best time to buy bitcoin when the price has gone up. When the price at 3000 that is the time for me to buy, although at that time will be many people who says don't bougt because the price will went to crash again as you say to 2000 or 1000 and even 800. I like for those people who ignore it and force to bought bitcoin at that time because now the will have profit almost $2000 just in a few months.

there is a huge difference between saying an unpredictable drop is possible and predicting with confidence that drop to $3k will happen while drawing some dumb lines on a chart to support that dumb prediction.
i believe the later is what OP is referring to. the fact is, price drop stopped at $6k and that was the bottom. even though price did go below $6k, anybody predicting anything below that with confidence and with charts has only been proving their lack of understanding of this market.

Hopefully they feel like shit, full of regret & harbouring deep seated depression :D
Anybody who was waiting for potential sub $3,000 can still buy now though. Don’t mess up again!

We’ll see a new ATH again obviously in the future so $5,xxx bitcoin’s will look like cheap coins then.

Don’t miss another opportunity guys! This is a once in a lifetime chance, make sure you are aboard.

You are too proud and confident to be professional trader. I guess you have maximum of 1-2 years experience. You need to learn a lot to understand how market works.

I was speaking with trader with 30 years experience a lot. Calm and always ready for a punch. That was his attitude. When i came excited and said that i've earned 30% in short term on stocks he only ask - Did you sold and withdraw? No.. You earn nothing than. Even the best analysis won't protect you against the black Swan.

You predicted middle term bottom which might only be retest of 6k resistance (very often situation) forming bart formation (very often situation) and crash (that is still possible) and you created topic to laugh at all of traders that didn't believe that 3k is a bottom.

With this attitude you will be hit so many times by market just like i was few years ago.

You lose the most when you are sure that you will win

I am a very very close person to this, as soon as bitcoin reached to 4600's I sold, I have been waiting to sell for a long time, I had a lot of bitcoin and I kept on earning and buying bitcoins for a long time and I managed to drop my purchasing level down to 4400's and I told myself if I ever hit a profit even if its one dollar I am going to sell and I did that right away.

It is not same as people who waited for the 1000/2000's and so forth, I know its different reasons and different approach but all the same I was afraid it would go down again like the others so I sold early. Now, it is over 5 thousand dollars and honestly I did not see that coming at all, I wish I waited a bit more, even if it goes higher from this price, I am fine with a 5k sell price because all I had to wait was couple more days that is all.

Don't know why need to bring up this. We have some sort of own analyzation on every trend so if there's a certain prediction of ours that didn't happened then so be it.

Even they didn't able to execute buy orders at their expected lower prices, they can enter anytime they want and can changed gears to cope up with the current trend. Honestly we even don't know if there are really waiting for $2k+ price or just spamming these to create FUD.

And besides, just because we experienced a big leap as considered by others, we must not closed the doors for others things around that may happened anytime even as we speaks.

Just take advantage of the current trend and focus on our strategy and plans. Disregard those who don't want to believed in our view as it's none on our business.

I confess that I was expecting to see the price drop below $3000 to buy, but I wait for the price to fall below $3000 because I read many opinions of these analysts on the news channels. I know, I was naive. but what could I do? the price had stagnated at $ 3200, it was more than enough for me to believe these analysts, but I regretted having believed them. If I had bought it when the price was $3000, by that time I would have made a lot of profit.


I've long heard people discuss where the bottom was and no one could tell where the bottom was


I'm raising money, but I will buy at that price to hold for the next few months


No


No

They're giving in and buying now. That's how short squeezes work. It's the same psychology that makes bulls capitulate and sell at the bottom.

The fact that you're celebrating like this is an indication we're near the top if we haven't topped already. We may have seen the bottom for the 2018/2019 bear market but regardless, we're in for some blood now that bulls are getting so confident.

Will Tone Vays please stand up?

This fool of a Bitcoin maximalist is such a shit stain within this community. He has a trading series on Youtube called 'trading Bitcoin', while he admitted to not be trading at all, lol. He just opens a few positions a year and that's what he's happy with, the hypocrite.

Bitcoin will only bottom when altcoins die according to him, which cracks me up hard. The things he hate the most are actually one of the main contributors of demand for Bitcoin. If altcoins die, say goodbye to at least a quarter of Bitcoin's global demand. Millions of coins will find their way to the spot market because they are 'useless' then. What happens with the price mr smart? ::)

I'm not discarding the possibility of another giant wick down, but considering that the 200 wma moves up continuously, it's getting increasingly harder to actually reach the $31xx area, even as flash wick. As always, when the market is going up people become overly bullish, and when the price is going down people become overly bearish.

What you just wrote  ::)


You sold a your bitcoins and you are fine if you have no Bitcoins. We will see a 100k Bitcoin in 2-3 years. And you are totally fine?

he was calling bottom in the $6k range too so i wouldn't even call it a lucky guess. just a perma bull being a perma bull.


with everyone calling the bottom now, and big expectations for the 200wma to hold, i'm curious to see how hard this can pull back. this kind of sentiment always gives me pause.

You got to appreciate some bearish action from time to time. The longer people remain bearish while the price keeps going up, the harder they will end up fomo buying out of frustration.

I find it funny how people make it appear that they are so confident that the price will tank below the $1000 mark, that while being so "sure", they aren't shorting the market. If I was sure we would moon, I would open a leveraged long right now.

That being said, let's not get too excited already because we're not out of the woods yet. I'll stay conservative till we confidently break $6000 and stay above it. That for me would be reason to open a leveraged long.

I wouldn't gloat just yet, though. I do agree that waiting to buy at 2k when it's 3k seems arbitrary when BTC is at $20k or higher, but that's the argumnet for a long-term holder. Holders buy and accumulate whether or not the market's moving. I'm an earner too, so I was earning at 19k and am earning at 5k now. Of course, I did my best to earn more when price is low but then work is scarce during bear markets and inversely available during the bull, so that's a funny thing.

But if people are mostly speculators (and they are), then yeah, they're waiting for entry points and exit points as most traders are taught to do.

And that's what classic bull market sentiment is like: most people are skeptical of any rise, assuming it will get smacked down like every other bull trap for the past year. Shorts stay heavy, providing fuel for more rallying. All the while, the market climbs a "wall of worry."

That's not what we're seeing right now is it? I'm seeing bulls gloat left and right. That's not bull market behavior at all. I agree with Masterluc that the long term bias has changed to bullish, but I'm guessing bulls are soon going to be punished for this overconfidence. We're probably heading back to the $3,000s by May or June and this buoyancy will fade away.

that's true but you really can't expect a 99.9999% price drop and wait for it before choosing your entry point! after a drop as big as 85% it shows that it is past time to choose entry point so those who were/are waiting for low prices are crazy in my opinion specially those who do it because of some FUD they read.

They feel stupid, bitcoin cannot go down that low as it has dropped significantly.
Predicting that low is like they want bitcoin to die, if they maybe believe and just want to accumulate that price, then they are wrong.
I think they already miss the dip, bitcoin starts its engine now going to the moon.

You should never wait for the bottom and especially catch it , I think it is best to split the Deposit and buy it in parts , I would not buy at the moment , I would take from 4800 and below.

The reality is that it is very difficult to predict the market and when bitcoin went down to $3150 many of us were still expecting it to fall down further.  The market has started recovering and that is the major reason why we should see this market as a risky one and we should invest based on risk in mind.

oh god. a trump fan too. Winslow asshole status confirmed 1000x over now!

Bitcoin seemed to do just fine under a democratic president. What party has held the white house has had no impact on bitcoin, obama or trump. There has been zero federal legislation on cryptocurrencies so its had zero impact. The only thing there has been is some SEC stuff on ICOs, which has nothing to do with the president. Not everything is about politics buddy.

I am still short just under $5000 and will keep the short open as insurance, but the fact that Tether printed like 300 million USDT makes me less confident about major correction. This is new money entering the system, which we haven't seen in quite a long time. This somewhat reminds me of what happened just before we broke $6000 last year. Tether took like 500 million USDT out of circulation, where not long after that, the price tanked badly.

CZ of Binance very recently said that new money in form of stablecoins is entering his exchange, and with how more USDT is being printed, this doesn't come as a surprise. We'll see where it goes, but being bearish for too long can be harmful too.

No doubt the market has exhibited strong demand, and for the first time since last year. So we should expect some money flow into exchanges as shorts close and last year's sellers buy back their coins. But after the market has risen 75% from the lows and approached major resistance, I think it's only sensible to start locking in some profits and looking for shorts. I'm turning bullish on the market myself (long term) but realistically it'll take several months more action to confirm a real reversal.

Thats the risk of investing in this volatile market as cryptocurrency and this must be happen because imagine if all investora are profiting what will happen to the market?there must be loser for us to have a winner and without this for sure were all done in this community. So accept that reality and goodluck for the next venture

Investing into any financial market is a personal choice and if someone waited long enough to see the bottom it is their individual choice and those penny investment does not make any difference in the market, so who is crying about it, basically no one, there are players who like to invest on seeing a big rally to earn the profit and get out before the rally ends. Everyone has their thoughts and ideas on when and where to invest. What I am trying to tell is that, it is not a big deal if someone misses out at the bottom.

The majority was hopeless about the price increase, so this increase was a good answer. Already, the unbelievers have lost a great chance.
Indeed, the stagnation is continuing in recent days. But, with a small push, I hope it can be continuous.

Well, i never wait for such low price, instead i wait for a much higher grow, but i'm ok with the price now and i expect much grow of price even if this will happen little by little.

I think the fact that the markets were moving sideways and consolidating for that period of time down at $3k-4k, as opposed to the volatility we saw earlier on during the bear market should have been an indication enough that the bear market was about to bottom.

This is why dollar cost averaging works, even if you don't know whether or not it's the bottom, you don't miss out on the opportunity to accumulate.

I still think that for long term investors, even this level is a viable accumulation point, because if you look in the market right now you'll still see a degree of irrational fear that BTC will somehow just collapse altogether, which is keeping prices down. And since the long term outlook now is quite bullish, I would continue to accumulate for the long run, until we see the first signs of over-excitement within the market.

wasn't it the same during the summer last year? that was a tight range with low volatility. but we broke down instead of up.

you never know whether a range is really a bottom until the market breaks up and moves away from it. we've had the first weekly higher high since the 2017 top, so that's definitely an early sign of bottoming.

but that doesn't mean bulls are just on easy street now. bitcoin tends to trend hard in both directions, so once price swings back down, everyone is gonna start expecting new lows. we'll see lots of profit taking and loss cutting and harsh declines. i think we'll be stuck below $6000 for several months.

Well nobody know what is the bottom of bitcoin maybe that time 3000$ next time it could be 1000$, but people need to see the potential in the future, see how well the adoption and the market condition, bitcoin has been progress so well, so invest for long term will still profitable, now the price has been moving upward and I believe the price will keep on going up, dont keep on waiting, dont miss the train and then regret

In 10 years it will have little or no significance did someone bought at $3,000 or $6000, price of single bitcoin can be very high in 5 years, more or less. Its not the point in waiting the train, its having a ticket for that train, having a ticket means that you have some coins. People mix trading and investing, trading on fluctuations and earning from that, it can be profitable but you can lose money like that too. There is no guarantees that you will make money with trading and investing, but with investing and just holding you are risking a bit less.

If someone was really waiting for 1000$ and below seems he/she had no hope of bitcoin's rise because it's clear that even 3K caused a huge drop in mining profitability and a lot of miners left bitcoin mining, 1k and lower would destroy mining, it wouldn't be worthy even for big companies like bitmain, bitfury and etc. Also 1k price after seeing of 20k would destroy hope for betterment.

Well for someone like me waiting for the price to go sub-$3000, it's quite a shame since I've been longing to buy in bulk and hoping that I'll enlarge my profits once I've hit that price point. (Un)fortunately, price climbed up and I'm pretty much breakeven by now considering that I also bought in the $6000 levels thinking that that would be the lowest price point possible in this current cycle. Right now I'm hesitant in buying right now though I've been pondering about that since we reached $4700 2 weeks ago. Perhaps I'll wait for another breakout before releasing the trigger for new coins.

There are a lot of predictions by a lot of enthusiasts that it will go down below $3000 which I think is impossible right now. As you can see, the price of bitcoin right now is $5300, meaning that the market is opposite from what you have said. But let us assume that it will go down that price, then many investors will go and buy bitcoin if that happens.

You are not going to hear from them, bears like to hide when the market is moving up and they only return once the price is clearly going down, however the kind of thinking that you are describing does not make sense, no one can predict the highest price and asset will reach and the same is true for the bottom, at some point you need to take a decision and take the risk of buying an asset even when it has not shown signs of a recovery, if you are lucky the price will not go down that much anymore but sometimes you will buy at an early point, like those that bought at 6000 before it crashed to 3500, but that is just part of being part of the markets.

It's actually not that bad. The hashrate managed to reach 50 ex/s again while the price was hovering below the $4000 mark, which is an indication of how strong the mining aspect of Bitcoin is.

I think the miners that were forced to shut down were largely speculators betting on a jump back to $20k, which clearly didn't happen. This hashrate will return eventually, it's just a matter of time for the price to recover.

How will it destroy mining? The difficulty adjustment is a feature of Bitcoin for a reason. If the hashrate drops, the difficulty will too, and we have seen that already after the drop from $6000 to $3000.

Don't believe news outlets spreading fud. Bitcoin mining worked well for a decade without problems, and so will it do the next decade(s), regardless of the price.

Its never too late really.   There is a good reason why regular buying will often do better then people trying to time precisely.    
Missing the bottom or the other way round, missing the perfect sell at the peak top is actually a fallacy.   The peak and bottom is quite small in number volume wise and the majority of people are what forms the trend upwards and there is no negative is spotting and joining that trend.

I still think we are in a loop that will come around.    People are imagining it more simply then it probably will unfold as, to get past 6500 will like breaking down a wall.   We'll have to back up more then once to get through imo

Naturally I'm a bit annoyed as I was planning on buying in as soon as BTC hit my buy orders at $3000 and that ship has sailed for the moment, but I'm indeed buying in some now through DCA and setting some buy orders below where we are now in case we break down to the $4000s or $3000s again, though I'm keeping a few longs I have from $4900 open for now. Trying not to let the FOMO get the best of me, but it's a bit difficult for me this time around. I never expected things to go too far below the lower $3ks to upper $2ks though, always seemed like the bears were getting a bit ahead of themselves with the $1k and $2k calls.

Anyone married to a price before it happens with no plan if it doesn't is a bit of a silly sausage in my book. Plan for eventualities by all means, but that eventuality not happening is an eventuality in itself.

Anyway I think we should get this year over and done with before declaring any price projection for the downward part of this cycle dead and gone.

this is why it is always preferred that you place multiple orders at different prices instead of putting it all in one order and hoping for that to be the best option. specially in bitcoin that price is volatile and sometimes we see very unexpected movements, this method of spreading orders is very helpful.

I always do stagger some of my buy orders out, but in my situation prices didn't reach the point where the bulk of my buy orders were situated (at $3k). Wasn't the greatest situation but I'm now looking for better entry(s) into BTC again, can't change the past. Not putting too much in at the moment though because I'm not fully convinced we're out of this bear market yet.

there is no real bottom here in crypto  . the price can decline depending on the mood of the hodlers and whales therfore you cant say that the guy already missed the boat  . 2k , 1k and below may take more time to achieve again because the demand for cryptos are now also increasing the longer the days have passed therfor like what you said above , buying gradually from this price point will also be beneficial than waiting at the dip  .

I think we don't have to wait for a long time if we want to buy bitcoin. But we need to have a strategy so we could get a low price in every order. So maybe when the price is down, we can buy some part of bitcoin, and waiting for the dip or another lowest price. But that is difficult to see $3000 as we are now reaching $4900 and the price seems to stay at that price.

Probably only few of the users are waiting for bitcoin marlet to go down kn below 3k. This because the remaining investors are real holder and does not afraid to what they lose. Anyway, wether it will fall or not, the real holder will still hold.

Now that the market slowly recovering then investing right now is a gold idea at all.

There are thousands of people out there that will rush into buy when the price falls to that amount, I wish Bitcoin can just shortly test that, then we will have proof of how popular bitcoin is, in fact, I can bet that from that 1000 dollars, bitcoin might jump to its ATH within a short time.

Unfortunately, it a bit sad that it will be impossible for us to reach that low price again, what would have caused the crash of price is so far from the interest of people, no one is willing to let his coin go now, because we have more strong investors in this market than the weaker ones. If there is anyone still dreaming of low price, they had better wake up from the 1000 dream and face reality please.

If you think that's so, then buy as many coins as possible right now and hold them for a long time. That's the only way to not feel like that again during the next bull wave.

I remember back in 2015 that I found $500 a bit too high to dollar cost average into the market after having bought myself a good number of coins below $300, but look at where we are right now. Feeling sad about missing the boat is something you should do when we're hovering over the $100,000 level, and not at current levels if you're interested in the very long term.

Definitely they are buying at this point, they are tired waiting for bitcoin to drop at 2000$.  They think that this year is another year for the bears but they are wrong,bulls  will dominate this 2019.

I think it's exactly the opposite: If democrats win, people with money will start panicking at massive socialist policies ruining their wealth, which will force them to diversify into neutral assets and Bitcoin is the best neutral asset ever outside of governments reach, and governments while sometimes are good, they can become insane and punish their citizens by unreasonable confiscation. Democrats winning may trigger this either by fact of FUD, so they will buy. I can see gold and Bitcoin going up, Bitcoin by several orders of magnitude higher of course.

As far as china goes, I don't really know what happened but seems like the market doesn't give a toss about China anymore.

Simply sharing thoughts of what may possibly play out in the future. It appears as though we no longer have much supply (people willing to sell). Which resulted in the beginning of a mark-up with a sign of strength above resistance that was previously around $4,200. I do not anticipate us falling down to $4,200 again because they likely think most believe we will fall to it to test it as support. I'm also expecting us to test the 21 EMA in the 12h time frame eventually BEFORE last week of May or first week of June.

Which is when I believe we begin to go up and through the $6k price level to approximately $7,800. Why? So that when we fall back down to establish support, they will make support around $5,500 with a trading range between $5,750 and $6,500 until last week of September to first week of October where we begin with an up-thrust again to show sign of strength to a establish an even higher trading range.

I don't think Democrat vs. Republican really matters here. Bitcoin performed quite well under Obama and did quite well under Trump too. I think it'll do just fine under the next president, whoever it is. Policy-wise, the two parties exist on a pretty narrow spectrum. It's all a big dog and pony show. The main question to me is how Bitcoin performs in a global financial or currency crisis. I think we're at least a few years away from that given the confidence in the equity markets.

I think it's rather obvious that Bitcoin is going to outperform every other asset on earth when the recesion hits (not if but when..). Im really scared of having money on the bank within the next 10 years or so. I hope shit doesn't get extremely dangerous... a recession will help Bitcoin but collapse of civilization will not help anyone.

I see Bitcoin going to $100k easily within the next decade given the bonds collapse, governments failing to deliver on their promises of social pension funds and so on. It's really scary for millennial to think long term. You want to pay your taxes and do good but at the same time you have this fear that everything you put in your bank is going to be stolen when shit hits fan. This will drive Bitcoin hodling strategy a big rise. As a neutral asset it really doesn't get anything better. Gold will continue underperforming and Bitcoin will continue doing a better task at what gold should be doing.

As far as democrats vs republicans.. well, I think democrats tend to do more QE practices, but still it's all the same, neither democrats or republicans want to be the one in power that admit the unpayable debt is indeed unpayable.

I feel the exact opposite myself. If everything went down the tubes I believe crypto would take the shit of the century. It's still viewed a plaything, not any type of lifeboat. No one hangs on to their plaything if things get tight.

It is of course all down to the timing. If real contraction happened ten years from now things would look very different and Bitcoin's position would be much more established. If it happens in one year then it stands no chance of keeping its head any further above water than anything else.

I wouldn't be so sure about that. It really depends whether we're talking about a conventional recession or a currency collapse, and the timing of it all. Not only has Bitcoin never experienced a recession (so we shouldn't make any assumptions) but speculative assets generally don't do well during these periods. In fact, basically no assets perform well in recessions because they are economic contractions where money flows out from basically all markets. As a highly speculative asset, Bitcoin will definitely crash in a conventional recession.

In a currency collapse scenario, what you're saying is more believable, if/when Bitcoin becomes much more established, adopted, and reliable. People are rightfully still quite skeptical of Bitcoin's viability given it's still experiencing major critical bugs at this stage (https://bitcointalk.org/index.php?topic=5035144.msg46014777#msg46014777). We can perhaps make some more assumptions after mass/mainstream, institutional, and government adoption have taken place, but not before.

I'm also doubtful of the currency collapse scenario inside 10 years for the same reason gold bug doomsdayers have been perpetually wrong about the impending collapse for my entire life. Markets = patient people taking money from impatient people, and the reason that's true is because most people have no grasp of how long market events and cycles take to play out. They see months and years when they should be looking at decades.

Sounds very funny but people do actually made these arguments and also you cant still laugh yet we know crashing out from 5k to 2k wont really be that hard.
Arent you aware on how btc price would dump its price? The point here is that missing out the opportunity to buy cheap and yes ive seen those people who do keep saying dumping the price
below on 1k which is really unrealistic or hard to believe.Most of them or all of them actually missed out the profits have possibly made from 3k to 5k.

That'd be the crux of the argument.   A standard recession is not what we will be facing any time soon.    A normal pull back involves hard money, it may mean higher interest rates then inflation but this cant happen as there are so many bonds paying dollars that are due to expire near term and this will mean loose money.

We are stuck with proposition which is weaker currency this year, next year and the next decade.   In this atmosphere a better alternative is what the market will seek, its very possible crypto will be part of that solution if not as a hold then at least in transition and in commerce online for digital transactions.   Its very relevant for that and is a global standard of its own, not undermined by QE or debt, or fiscal budgets of one country.   

I'd agree if we were facing a conventional pullback, speculative assets do suffer true enough and crypto is cutting edge.    Its possible for it to have some utility for situations of some distress.   Nobody reading this really believes some of the worlds richest countries could be in distress, thats make believe in most peoples perception.  The answer is the governments budgets are heavily flawed, in some cases insolvent.   Again disbelief I'm sure, because they can always print more money and I agree that is exactly whats going to happen which is very loose money

They are not to blame when the price of bitcoin drops, some bitcoin haters create such a gloomy situation with their articles and comments that everyone gets panicked and most people start thinking that the price would drop even further.

The purpose for those haters is also to buy at the price OP mentioned, that is why they create FUD that might cause crashed price, but unfortunately for them, it is already too late, now that they cannot buy for that again, they are trying to create FUD for $4500 which will still not work.

As it is now, bitcoin is not ready to follow the down trend path again, I think the bulls have successfully killed the bear and any bear that may want to rise up now is not yet born. So, let them continue with their FUD till they miss out, we most always have people that will stand as example to other in future. So we need them.

This is something I see a lot in traders, they make a prediction and when it does not happen instead of just admitting their mistake and update their predictions based on the new information the market is giving they rationalize why the market should still follow their prediction, and as you may guess that is the moment they lose the most money since they keep their positions open for too long when they should just close their open positions and be glad their losses were small.

I think some of them has sifted ground to $4200 and $4000 as the lowest bitcoin can fall to now.  It is how this market work and we have different views about the market.  I think some of those speculatives doom for bitcoin are buying now and I think that is how this market should work.

Some set of people in most cases must regret for their uninformed decision of not buying Bitcoin as at the time its market value was around $3000 or below. What such people are good at is to wait price to go up and they jump in buy and that is when some good investors will take profit and the price will drop eventually and will affect them negatively again.

I can understand the mindset if you just viewing from the side lines but the situation would not change at any fiat value. Its never to late to start buying and to spread the risk keep buying on timed intervals. [weekly monthly]

The process of finding the right price for an asset is incredibly difficult in the markets and everyone makes mistakes, for example I was one of those that thought the lowest point for bitcoin will be 6000 and it is clear that I was mistaken and the same happened to all of those that thought the price could go lower than 3000, but that is not really that important, the important aspect of all of this is what do you do when the market proves you wrong? If all of those that were waiting for bitcoin to reach a price below 3000 bought at 4000 when they realized their mistake they still made money even when they were mistaken.

It's a good thing you said if, crypto is still a speculative market at best and that's the most of what we can expect - the 'if' function. I bet there are those who bought at 15k and said if it goes back to 20k they'd be rich... I think you understand how traumatizing what one year and counting could do to such individuals. So there are those still waiting patiently for the <3000 range.

The most important thing is not to waste the opportunity for the second time dude. we know the price will definitely recover someday,
and when the price is still low and below the previous ATH then take advantage of that time to collect and buy more

800$ not bad at all it could be happen if the power of seller greater than the buyer . My friends waiting for 100$! what a joke. But I see the market have strong support at 5000$ and it has confirmed. Hard to say if this just a bull trap or we are already in bullist market, only depending on the time . but some professional on tradeview said that we are still on bear market.

The thing here is that, you do know on how to spot out that 2nd time? With this very unpredictable market.It would be hardly to spot out on that kind of chance
and those 3k opportunity is already gone.We might possibly to revert back but most likely we wont able to see that low price once again.Lucky for those who bought
in on that range.

I think the people who wanted BTC at $2000, weren't going to buy it out of fear. Some for the ones who wanted it at $1000. They assumed since it already went this low, it can go lower and they would of been scared to buy.

Same reason why there was so little buying at $3100 and instead people bought only on the way up when price broke $4200, and this situation won't be any different when we break $10K or hit a new ATH, if ever.

Another reason why we got a short squeeze was that many bears were waiting for $3K or $2K or $1K which didn't happen and they put their short trade on stop loss at $5500 which is where it hung around for a day or 2 before dropping. So they wanted to exit the trade at break-even and hence why price quickly rose to there.

It is ALWAYS the same. People roll out their boasts about how they're going to buy when it hits X price. When X price truly hits they're rocking back and forth with snot, sperm and tears smeared all over their face.

Words are cheap. Everyone's a hero until it's time to actually step up and only the most disciplined and unemotional have the guts to follow through.

I don't feel lucky having bought the market down to $3200 because to me that's a practice of common sense. I know that I will very likely NOT be able to buy the perfect bottom, and that's exactly why I am not trying to do so. I always use smaller fractions to buy the market down, where I increase the fractions the lower the price will go. If we hit $2000 I would buy it just like how I bought $3200. Drop it to $1000 and I'll keep buying.

People who bought it by luck just speculated on a bounce and have very likely sold already. Most people were waiting for even lower levels, but they never came.