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Author Topic: I'm officially sick of the bitcoin price right now...  (Read 3157 times)
wheelz1200
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October 18, 2019, 06:52:43 PM
 #121

I guess every one of us are now sick because of the down price of bitcoin. Right now if you look again in the market it starts to fall down again. I'm also sick on waiting on another bull run and one of my expectations on this last quarter of the year is the price of bitcoin will recover and might reach the price of 12,000$. But, I think at the current price of bitcoin we might not see another bull run and I think I will hold again and maybe I will prefer to sell my bitcoin after the bitcoin halving that might have a chance to pump.

For bitcoin to be relevant it cant just continually go up in a straight line forever, that's unreasonable.  Just this year bitcoin went from $3k to $12k, because you didnt make that profit from that run you are sick of waiting?  It's been a couple months of downward movement, MONTHs not years.  Cost average buy on the way down and enjoy the downward trends as much as you do the upwards trends.

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October 19, 2019, 04:20:32 PM
 #122

I guess you have not fully understood the flow of the crypto market, a market that is going up and down is a healthy market.
Patience is important here in crypto. If you get tired just pause but if you cannot really go with the flow it is not for you.
Find another venture that you will feel more satisfied.

Kambal2000
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October 21, 2019, 05:41:48 PM
 #123

I guess you have not fully understood the flow of the crypto market, a market that is going up and down is a healthy market.
Patience is important here in crypto. If you get tired just pause but if you cannot really go with the flow it is not for you.
Find another venture that you will feel more satisfied.

Then I guess Bitcoin is not meant to be for the OP as the market in unpredictable and manipulative, so we cannot really control it unless we do have enough fund that can control the market. Lol. Anyway, patience is always needed if you want to succeed in life, there is nothing as instant. Yes the price of BTC could be rise but we don't know when for now let's do our part to promote it.
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October 21, 2019, 06:45:29 PM
 #124


On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I expect that to happen next year. Another surge that will push to a new ATH high is possible to happen but not in this year. The halving and more adoption will happen soon because in 2017, not good numbers of people knew bitcoin but now is all over the media and social gatherings.
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October 22, 2019, 04:11:40 AM
 #125

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle.  I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again?  It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.
As we can see, almost two years have passed since the writing of this topic, and we are still talking about a high share of the likelihood of another drop in the price of bitcoin at its current rate of just over eight thousand dollars. And again, no one can say what will happen to the price of bitcoin even in the next few months. I only know that bitcoin will rise and fall many times in its price. It seems that by the end of this year we will not see his previous price record, but next year it is quite likely.
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October 22, 2019, 04:22:10 AM
 #126


On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers.  What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)?  Another month?  March?

I expect that to happen next year. Another surge that will push to a new ATH high is possible to happen but not in this year. The halving and more adoption will happen soon because in 2017, not good numbers of people knew bitcoin but now is all over the media and social gatherings.
The bull that will bring the price to that level needs to have more supports and not just the hypes of halving but real adoptions and daily usage for the demands to create more pressures.

You need to have a lots of patience waiting and more spare money to keep buying to enjoy maximum benefits.
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October 24, 2019, 09:16:00 AM
 #127

I think BTC is hard to climb because the market trend is bad. Due to much bad news about Crypto will exacerbate both Bitcoin and altcoin prices.
Many also scammer impersonate an ICO that makes a fret of investors to invest again in crypto. Maybe if the market has started to improve, supply and demand good Bitcoin will return up as expected.

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November 02, 2019, 06:19:57 AM
 #128

Lately there have been a number of topics that have long been discussed again, where the topic at that time was in accordance with market conditions or other conditions.

Being in bitcoin or cryptocurrency requires strong patience and must accept when conditions are not what you want and if you feel not strong, you can stop or switch to long-term methods to avoid worries.

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November 03, 2019, 05:57:45 PM
 #129

Lately there have been a number of topics that have long been discussed again, where the topic at that time was in accordance with market conditions or other conditions.

Being in bitcoin or cryptocurrency requires strong patience and must accept when conditions are not what you want and if you feel not strong, you can stop or switch to long-term methods to avoid worries.
The price did recover but it seems many are expecting the market to do the same it did during 2017 and that was a special year, we may see something similar in the future but I doubt it we are going to see it after just two years, the market is likely to remain close to the current levels and if that is not enough for the people currently in the market then they could always get out of the market and comeback once we begin to see huge movements in the price of bitcoin again.
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November 04, 2019, 07:42:14 AM
 #130

Lately there have been a number of topics that have long been discussed again, where the topic at that time was in accordance with market conditions or other conditions.

Being in bitcoin or cryptocurrency requires strong patience and must accept when conditions are not what you want and if you feel not strong, you can stop or switch to long-term methods to avoid worries.

yes, that was the posting at the beginning of 2018, I believe the person who wrote it was really emotional because the price in early 2018 experienced a significant decline, and I'm sure that person made a purchase in 2017. I agree with your opinion, being in cryptocurrency or bitcoin requires patience because cryptocurrency prices are volatile. before starting to trade with cryptocurrency that person should be ready to accept the risk. so that when the market price does not match what we expect, we can accept it gracefully. keep your spirits up and be patient friend.

 
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November 04, 2019, 04:36:11 PM
 #131

Lately there have been a number of topics that have long been discussed again, where the topic at that time was in accordance with market conditions or other conditions.

Being in bitcoin or cryptocurrency requires strong patience and must accept when conditions are not what you want and if you feel not strong, you can stop or switch to long-term methods to avoid worries.
Normal thing for these bullish and bearish sentiments post depending on the current condition in the market.People will continue to give out their own
insights on the current events and its impossible for you to be worried as an investor or trader when you do able to see on where the prices are heading.
Patience is a must but when emotion do strikes you then it will shuffle or scramble it out your plans and set-ups.Getting sick of the price? then get used to it
because market wont ever change as you wanted to.

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November 07, 2019, 03:48:17 PM
 #132

Normal thing for these bullish and bearish sentiments post depending on the current condition in the market.People will continue to give out their own
insights on the current events and its impossible for you to be worried as an investor or trader when you do able to see on where the prices are heading.
Patience is a must but when emotion do strikes you then it will shuffle or scramble it out your plans and set-ups.Getting sick of the price? then get used to it
because market wont ever change as you wanted to.
We must admit that not everyone has the necessary skills to get profits in this market and we cannot expect them to get used to this, remember most investors are small investors and are really adverse to risk since it has taken a lifetime to get their capital and they think that if they take a risk that is too high then they have high chances of losing it, but at the same time they are greedy and they got in this market for that reason and when the price is moving in such unpredictable way they cannot deal with it.
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November 07, 2019, 04:16:29 PM
 #133

I had to check the price chart to see where bitcoin was at when OP wrote his post, and it was definitely sliding downward--but at the time it was at around $12k.  Right now everyone would be having a screaming orgasm if bitcoin got to that price next week.  Hindsight is funny sometimes. 

And my sense of bitcoin history is shoddy to say the least.  I didn't remember how long it took for it to fall down to around $3300 from its ATH.  It took way longer than I thought--bitcoin was falling for most of 2018 and it wasn't until December 2018 that it reached that valley in the price chart.  I guess that's partially because I don't fixate on the price and I probably didn't own much bitcoin for most of 2018 (and it's close to that now as well), but my memory of such things is kinda sorta shot.

As of right now, I'm not sick of the price at all.  I'm very happy, in fact.  You have to realize how volatile the market is and that crazy bull runs like 2017 are going to happen, as are crashes like 2018.  If you can accept that you won't get frustrated.

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November 07, 2019, 11:57:09 PM
 #134

Anything above 1000 is good seems to me, beyond 3k even better and above 5k like this is plain sailing.   All the other prices are just a bonus and everyone has a tendency to take the good times for granted but its normally that price has a summer and a winter and both are needed for a full market.
  All I could say to really explain would be that BTC can move fast in the short term but it is a surprisingly long term asset, it relates in some way to macro economics and movements of the Dollar I think.   So we have to accept good things take time, without being around years it can seem negative now but its not really and I dont have a worry about prospects especially.  Price weakness is not that damaging if market manages to even things out more or less every week and its doing that so its not a big deal.

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November 08, 2019, 02:43:46 AM
 #135

Anything above 1000 is good seems to me, beyond 3k even better and above 5k like this is plain sailing.   All the other prices are just a bonus and everyone has a tendency to take the good times for granted but its normally that price has a summer and a winter and both are needed for a full market.
  All I could say to really explain would be that BTC can move fast in the short term but it is a surprisingly long term asset, it relates in some way to macro economics and movements of the Dollar I think.   So we have to accept good things take time, without being around years it can seem negative now but its not really and I dont have a worry about prospects especially.  Price weakness is not that damaging if market manages to even things out more or less every week and its doing that so its not a big deal.

True words, the plus side of being in the market for a long time I guess ?
 
There is no mercy in the world of cryptocurrency,for most it is just about how to make more money. When big pump is start at beginning of last year smart people know that a big correction will take place,but for all new users who boarded the ship at full speed all this today looks very strange. Like a replay of 2013s.

For some this is trembling,for others it's a time for great opportunities. Guess many old coiners are calm af right now and enjoying their cocktails on a beach.
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November 08, 2019, 05:21:24 AM
 #136

certainly no one knows for sure when the price of bitcoin will return at $ 20k we can only speculate. investing in crypto does require patience because the market has a downward and upward trend. and we also don't know how long the market has been going down and up.
but if we look at the characteristics of bitcoin and the amount is limited I'm sure in the future the price will be more expensive. and also every 4 years bitcoin halves this is a good opportunity for bull run. so I am optimistic that next year the price of bitcoin may reach 30k.

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November 08, 2019, 07:30:46 AM
 #137

You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.

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November 08, 2019, 04:41:22 PM
 #138

You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.

True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 

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November 08, 2019, 08:30:18 PM
 #139

You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.

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November 09, 2019, 12:27:57 PM
 #140

You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
Already know this fact for everyone, because Bitcoin is a volatile cryptocurrency so own prediction also never possible on every day market. I think this year starting everyone sick in Bitcoin so many peoples are open the thread so we also concentrate the current and future possibilities.

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