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Author Topic: Take a look at this and stop fooling to FUD  (Read 221 times)
Becky666 (OP)
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February 24, 2020, 01:55:09 PM
Merited by CryptopreneurBrainboss (2)
 #1

 Although am not a good chart reader, but always try to pick some curves around any chart to digest internally and manifest when am done. According to the chart below, from the first and second bitcoin halves, something is unique about this event; its always on a ride to ATH. A careful look at the third Bitcoin halve which is coming 11th May 2020, I begin to see reasons why I must not sell any sat in the name of survival, let me go hungry for the now Grin

Does this mean we're going to hit something like $60,000? Or $280,000?; Hold on, I have to start accumulation theory in other to swim in the bubble days. If it takes me selling out my company assets to buy more Bitcoin I would do better than human will comprehend.
There's nothing good like grabbing free Internet money(Bitcoin).


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zhagedus
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February 24, 2020, 03:48:24 PM
 #2

I will like to say the market is unpredictable and according to some speculations from other quarters, Bitcoin will make a longer move this time than before, during the halve. We have to wait till then before we can conclude. My advice to you is, don't ever invest what you are not ready to lose because the market is volatile. Your company assets should be more precious to you, invest in your discretion to avoid unnecessary complains.
BrewMaster
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February 24, 2020, 05:06:35 PM
 #3

why only show two of these so called cycles here when there are a couple more that are even bigger that took place before 2013.
in any case unfortunately nobody seems to care about it right now because price is not rising. those who know it already have been accumulating bitcoin for a long time now and don't need a reminder and the rest are not listening until we enter the bubble phase which is when they panic buy...

There is a FOMO brewing...
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February 25, 2020, 06:42:07 AM
 #4

why only show two of these so called cycles here when there are a couple more that are even bigger that took place before 2013.
in any case unfortunately nobody seems to care about it right now because price is not rising. those who know it already have been accumulating bitcoin for a long time now and don't need a reminder and the rest are not listening until we enter the bubble phase which is when they panic buy...

People like that don't tend to look at long-term graphs they just look at what's happened in the past day or week. It feels like it's so easy for them to think that they will get a lot of money if they buy during a time of rally. That's how most of them tend to lose money since they buy close to the top.

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Jating
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February 25, 2020, 08:30:47 PM
 #5

The thing is that the market is fairly young, about 10 years old and how many halvings we have? Some of us here have only experience 2016 and it's subsequent bubble in 2017.

And so here we are again, will the market repeats itself? This is the thinking of the majority here, but we still have to wait and see. It might take longer as compare to 2017, but still, we can't really say if it's going to be $30k-$60k. Remember, our lowest low prior to May is $3k.
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February 25, 2020, 08:57:44 PM
 #6

If it takes me selling out my company assets to buy more Bitcoin I would do better than human will comprehend.
Before getting into a conclusion like this, I'd check myself first if I'm very prepare to the swings that might come along the journey. I always see that comparison and chart about the past halvings and there's no denial that it's correct. I'm also hoping for the possible moving up that it might go based from the past halvings reaction. Mind to check yourself first, I'm bullish for bitcoin but I rather spend money that I'd be willing to risk so if that's okay to you, let's all witness what will happen in the near future.

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February 25, 2020, 09:09:13 PM
 #7

Before you start to go hungry OP, there's an important rule you need to be aware of: past performance does not guarantee future results. You can only try to project the past onto the future but there's not enough data here because Bitcoin is still very young.

You saw 2 bull cycles and you think there's going to be a third now? If it was 20 and now we were waiting for nr 21 then maybe. With a third there can as well be a big dump.
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