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Author Topic: Don't buy FUD, buy Bitcoin  (Read 639 times)
thesavoyard (OP)
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March 17, 2018, 03:14:18 PM
Last edit: March 17, 2018, 04:42:39 PM by thesavoyard
 #1

 Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.


Edit: 2011 was the year of the Silk road, my bad.

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March 17, 2018, 03:30:24 PM
 #2

Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.

If bitcoin is like that almost every years then it could also happen this year. Price might double the previous high's last year. I hope that can really happen as to lots of people will surely earn again lots of money at that time.
I believe that this interpretation is not a FUD, since bitcoin is behaving like that we can conclude that it can again go up in the near end of the year.
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March 17, 2018, 03:33:25 PM
 #3

I am fully agree with you!  One year ago Bitcoin was $1179 and everyone was pretty happy. Now it's 8500 but it's "crashing"'... We get greedy pretty quickly, that's an irony of trading.
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March 17, 2018, 03:36:52 PM
 #4

Bitcoin has become very speculative since last year, when the price skyrocketed to $18,000. It is normal for these people to

panic, when they see the value of their investment dropping with more than 50%. We will see a repeat of previous years,

where the strong hands make the most profit and the weak hands crying over their losses. This feels like the movie,

Groundhog day, where we repeat the same year over and over and over again.  Roll Eyes

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March 17, 2018, 03:42:11 PM
 #5

I am fully agree with you!  One year ago Bitcoin was $1179 and everyone was pretty happy. Now it's 8500 but it's "crashing"'... We get greedy pretty quickly, that's an irony of trading.

We can't blame them since the volatility of digital currencies will really test how strong you are in terms of investing in this volatile digital currencies. People end up being paranoid on what may happen leading them to panicky selling their investments quickly. But they need to keep in their minds that this price is not really the lowest since there is a alot of time where bitcoin is not really this high.
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March 17, 2018, 03:42:57 PM
 #6

Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.
But many people are afraid to take that risk and end up with losing so if you want to make money you need to take risk and need to trust the bitcoin fully.Now also many people started to sell their coins due to panic  but later they will worry bitcoin has the ability to recover faster so I never doubt in bitcoin and won't sell my bitcoin even if fall 50% of its value.

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thesavoyard (OP)
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March 17, 2018, 03:45:51 PM
 #7

Bitcoin has become very speculative since last year, when the price skyrocketed to $18,000. It is normal for these people to

panic, when they see the value of their investment dropping with more than 50%. We will see a repeat of previous years,

where the strong hands make the most profit and the weak hands crying over their losses. This feels like the movie,

Groundhog day, where we repeat the same year over and over and over again.  Roll Eyes

I run an ATM business, at a time when everyone should be buying, most are selling. BTC follows pocket books, people are recovering from Christmas and saving for vacation. Every year has the same trend, late spring and early winter posting the largest gains. I hope we can educate some new people, so they don't panic sell and make less than they spent.

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March 17, 2018, 03:46:18 PM
Merited by thesavoyard (4)
 #8

Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.
I think it's a good analysis .. thanks for sharing it, it would be appropriate and appreciate if u could post here some graph too.

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RamonBTC
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March 17, 2018, 03:54:52 PM
Merited by thesavoyard (1)
 #9

Quote
Don't buy FUD, buy Bitcoin

The best advice I’ve heard so far that new investors must implement to each strategy for them to acquire more bitcoin by buying in the lowest price as possible.

As my friend said to me: “The rise of bitcoin has a pattern and that month would soon come”. Why not wait for it than losing money for selling in less price than last year, November to be exact.
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March 17, 2018, 04:21:25 PM
 #10

Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.

Yeah i don't know why so many peoples dump their bitcoins. That will make bitcoin value worst
and they won't make any profit for panic selling.
bitcoin won't be abandoned by peoples because bitcoin has used by many peoples already.
In the peoples will buy bitcoins more, and the price will increased, and the panic seller will regret.
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March 17, 2018, 04:27:50 PM
 #11

Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.
I agree with you, that now is a good time to take advantage by Buying Bitcoin with cheap price.
I have put 25% my money to Bitcoin and I hope the price of Bitcoin can down again, I order 1 BTC for $5K.

thesavoyard (OP)
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March 17, 2018, 04:30:20 PM
 #12

Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.
I think it's a good analysis .. thanks for sharing it, it would be appropriate and appreciate if u could post here some graph too.

I didn't want to reveal my talent as an artist, but here you go. Wink










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March 17, 2018, 04:45:02 PM
 #13

Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.
I agree with you, that now is a good time to take advantage by Buying Bitcoin with cheap price.
I have put 25% my money to Bitcoin and I hope the price of Bitcoin can down again, I order 1 BTC for $5K.
This statement should be read by more newbies, tracking down the history will move them to stay holding and not to panic even the value is keeps on
falling down, the history will keeps repeating itself, buying  more with your spare money and keep your coins inside your wallet and let it become your
future assets, positive perceptions will bring positive outcome, bitcoin is still in its early stage we should trust the chain.
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March 17, 2018, 10:22:31 PM
 #14

Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.

 The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March.  When the FBI took down the Silk Road, May and  June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.

 So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.
I agree with you, that now is a good time to take advantage by Buying Bitcoin with cheap price.
I have put 25% my money to Bitcoin and I hope the price of Bitcoin can down again, I order 1 BTC for $5K.
This statement should be read by more newbies, tracking down the history will move them to stay holding and not to panic even the value is keeps on
falling down, the history will keeps repeating itself, buying  more with your spare money and keep your coins inside your wallet and let it become your
future assets, positive perceptions will bring positive outcome, bitcoin is still in its early stage we should trust the chain.
I second this. The people who panic sell in a bear market are newbies who do not understand the market at all. They have false information fed to them by the news and most of them do not even know the origin of bitcoins or it's early markets and movement. If more people knew information like these, there will be less panic selling and the market would always recover quickly after falling/
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March 17, 2018, 10:45:36 PM
 #15

You are absolutely right that the price of rising turco bitcoin can be said to be seasonal and at this precise moment you do not sell your bitcoin, and do the purchase is the best thing because soon we will be in the bitcoin rising season.
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March 18, 2018, 12:06:36 PM
 #16

The worst part of the year on average is now, I'm looking at compiling average weekly performance data for BTC and posting it here as a benchmark for new users. The problem is, enough people realize this, it will change the way BTC behaves. Nullifying my hard work. Just be aware for now that this isn't the end of BTC and this is quite normal. if I had done my research earlier, I would have waited until now and bought BTC, I'd have a lot more.

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March 18, 2018, 12:18:20 PM
 #17

sometimes the price of Bitcoin is falling because of the panic of many people.
should if people can calm and hold their Bitcoin then BTC prices will not fall because the decisive price of Bitcoin is Bitcoin users themselves.
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March 18, 2018, 12:34:45 PM
 #18

yes this is the one the best time to buy btc if you just chek the last 1 month graph i hope you will be clear . right now market situation little bit bad but most of the good coin are under price if you have a long term plan you can choose any altr coin for long term that will be great profit return your pocket.
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March 18, 2018, 12:43:52 PM
 #19

I am fully agree with you!  One year ago Bitcoin was $1179 and everyone was pretty happy. Now it's 8500 but it's "crashing"'... We get greedy pretty quickly, that's an irony of trading.

We can't blame them since the volatility of digital currencies will really test how strong you are in terms of investing in this volatile digital currencies. People end up being paranoid on what may happen leading them to panicky selling their investments quickly. But they need to keep in their minds that this price is not really the lowest since there is a alot of time where bitcoin is not really this high.
bitcoin will always be bitcoin.and will always grow..i trust this great coin,and even if this didnt work,or crashed one day.i will greatly accept that fact and will have no bitter feelings since i take the chance of not tooking out my funds and convert into fiat..Hold this is what im doing and will always do
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March 18, 2018, 02:23:28 PM
 #20

I like your statement. Yes we should buy bitcoin more if the price on the dips.
but sadly there are more of them who really bought the fud.
it will be worse if they listen to the false fud more.

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