A Bitcoiner's Life with bear market and market price volatility discussion.

[manfredmann]

“I’m trying to free your mind. But I can only show you the door. You’re the one that has to walk through it.” - Morpheus, The Matrix (1999).

This is the phrase that could relate a life of a bitcoiner in the system. The bitcoiner's adventure starts after investing in bitcoin. Bitcoin is being considered already as a fundamental matter to a person's life. The life of bitcoiner has a battle against the strong forces of army. Bitcoin may beat you in terror with calm in terms of its market price volatility. In just one nap, market price drop could happen and this will break a bitcoiner feelings in an instance.

Moreover, a bitcoiner will still stand strong from the inevitable terror situation with bitcoin market price may bring. One of the here bitcoiner said that if there is a bear market for cryptocurrency certainly a bloodbath will going to happen. How does bitcoiner survive?

Certainly a bitcoiner has a simple weapon for this tragedy. Trust, patience and HODL were the basic fundamental for a bitcoiner to the MOON of success. Only a bitcoiner could understand all of these fundamentals and for sure will get LAMBO to celebrate the success!

I have a small scale investment with bitcoin and this are the things I had gone through over BEAR market and market price volatility of bitcoin. What do you think about Bear Market and market price volatility, is it GOOD or BAD?

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[franky1]

the ATH price is a spoon
"one of the first things you need to learn, there is no spoon"  child potential, matrix 1999

never stand at the top of a mountain lookin down thinking everyone else is standing where you are living along side you

less than 1% of people were online and active to take advantage of exchanges offering upto $20k
99.9% of people never got to experience, gain from the $20k price. they never seen it. touched it..
all they can see is a history graph they seen after the supposed event occured that said it happened.

so why now care so much about something that never happened to you personally.
imagine there was no spoon

now.
imagine the price is the matrix. it moves and changes effecting people differently. but not everyone is attached to itand interacting with it the same way.

now imagine the bottom line value. as zion. the real world
ready for the red pill?

at this present moment 65% of coin holders will not sell for less than roughly $6k
bitcoin UTXO set shows in the last 10 months where the price has been above $6k 65% of coins have moved and interacted with prices above $6k. and they are not willing to sell for less than the price they interacted with.
miners have a mining cost at or above that too. again they wont sell for less..

now imagine everyone was not standing ontop of a mountain peak that only 0.1% experienced. but everyone emptied their mind and accepted the reality of $6k bottomline wont go below value. and we all stood at $6k bottom line. looking up at the speculative illusion that is the price..

2016: always above $300 BLV
2017: always above $900 BLV
2018: always above $5800 BLV

we are in a long term bull market in zion..
but the matrix is playing games of speculation of calves(small bulls) and cubs(small bears) above ground

[Pursuer]

you are just using buzzwords and making them bold to stand out. the fact is bitcoin is not going to rise because of HODL and LAMBO. instead bitcoin will rise because it is the one and only decentralized currency that is working globally and properly with a high security.

and as an investor people shouldn't just fill their bags with things they don't understand and then keep their fingers crossed for good luck and hope for profit.

as for the "bear market" it was just a short term side track so that the short term traders could take their profit out and start up fresh at a lower price getting ready for the next rising phase with their accumulated coins at the bottom.

[bellamente]

The bear market teaches investors to trust bitcoin and not sell ahead of time. I think soon the time of bulls will begin and there will be a lot of new investors who will buy bitcoin

[franky1]

alot of people think when a bear appears in open farmland it scares away the farmers bulls.
when the truth is the bulls charge at the bears and scares the bears back up the hill into the mountains

its why you dont see bears often in the open fields

so if you see a bear in your field. dont sell your bulls in fears. instead buy more bulls to protect and sustain your field

too many people are stupid and sell their bulls too young and to cheap and then buy lambos to make it look like they made profit
downside is the lambo ends up costing them more up the road and they have no more bulls to sell to cover the costs