First of all already one year has past away in reaching the next halving.... second people really losing there mind fast.... first question do you really need the FIAT and if you really needed it, then 50-60k was a long period and nice price to take a little to cover stuff....
But to many negativity from experienced hodlers imho
There is a lot of negativity, from me included.
That's true.
Why you gots to be like that, somac pomac?
I think this is justifed though as we have falling harder and farther then most imagined and without a bounce.
Huh? The negativity is justified? or the continued DOWNity momentum? Sure, the trend is your friend until it is not... How you gonna shake any peeps out of their coins if you cannot make the ongoing DOWNity appear to be real. It's appearing pretty real right now, amiNOTkorec? Does not necessarily mean that it will continue DOWNity.. but hey.. maybe if the price can get brought below $30k, then more scaredie cats will come out of the wood work.. u never know.. u never know. right?
We also did this when bitcoin hadn't even gone parabolic. 2013 had a decent correction but that was only after a parabolic move.
There can be all kinds of variations on past patterns and still be within the realm of reasonable expectations of market movements.
Personally, I am hardly shocked that 50% or more correction comes after a 6.5x increase in 7 months.. and then there could even be some attempts to get us back to $20k and that would not even take us out of the bull market in my humble bumble opinion.
So in essence instead of feeling all Debbie Downer in regards to extreme BTC price actions, figure out some way to not be so shocked about normal kinds of ting-i-lingilies.
I can appreciate why some newbies might be panicking, but jeez, louise, lot's of longer termers should have already been able to set their lil selfies up both financially and psychologically for these kinds of ant movements - that feel BIGGER while they are happening, but are not really that BIG when we zoom our lil selfies out a wee bit and appreciate for how damned far we have come in this asset class that has less than 13 years of existence and ONLY about 11 years of an actual price.
Apart from the mass negativity, and global fiscal and monetary backdrop, what positives are there right now?
Absolutely none.. you should be totally depressed. That's the right attitude.
And will those positives be able return us to a bullish trend over the next few months.
Absolutely not. We are all fucked.
I suspect the FUD attacks are still not over yet, they will slowly lose affect but probably not yet.
Well, of course that is not a surprise. You think that bears are going to stop while they have momentum? They are going to continue through whatever means that they can to get the BTC price down as far as they can and to keep it down for as long as they can. Does not necessarily mean that they are going to be successful, but they are surely going to do their damned best while it might feel as if they have bitcoin and friends on the ropes.
We may recover quicker than say 2024, but it is still looking like it will be a decent amount of time.
Oh god.. 2024. We gots to wait until 2024?
That sucks.
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