What's your plan for the next bull-bear cycle?

[gentlemand]

I have been living a very difficult life because of the hardships drop on the bitcoin created for me.

I know everyone meanders down a different path, but you've been here for over five years now. Surely you're a little bit insulated by an earlier arrival than average? I can see how someone who turned up last December would be sad. Less so several years back. None of my business of course.

[eroejoe]

Most of us talking about 2020. when is Bitcoin halving, but price spike usually comes year after that, so I am waiting next spike which could be in 2021. I hope that I will overcome my greed in this days.

[PETES]

so my plan is to probably sell most of my Bitcoin

Hate to be boring or negative even but if the plan is just to sell and everyone has a similar plan can you spot the flaw in the plan to this ever happening 

if demand is strong enough, it doesn't matter.

and when the bubble is happening, greed takes over. most people either sell way too low before price goes parabolic, or they wait until after price crashes out of greed. very few people get to sell the top.

Talking about greed, people will probably wait for ath and sell everything then the bubble will burst out. Hence, selling on top will br their goal. Demand will determine the price hence the supply and bitcoin halving will not be a factor for now.

Just note that we should know when to reap our profit.

[Pursuer]

so my plan is to probably sell most of my Bitcoin

Hate to be boring or negative even but if the plan is just to sell and everyone has a similar plan can you spot the flaw in the plan to this ever happening 

if demand is strong enough, it doesn't matter.

and when the bubble is happening, greed takes over. most people either sell way too low before price goes parabolic, or they wait until after price crashes out of greed. very few people get to sell the top.

Talking about greed, people will probably wait for ath and sell everything then the bubble will burst out. Hence, selling on top will br their goal. Demand will determine the price hence the supply and bitcoin halving will not be a factor for now.

Just note that we should know when to reap our profit.

greed means people wait for the best price to sell but that doesn't mean they don't sell on top or near it. if they didn't sell or as "figment" said only "a very few" people sold then price wouldn't have crashed at all. it is the sells of "many people" that crashes the bubble otherwise the price would continue rising.

note that things are a lot more complicated that this. the market dynamics is always changing and traders react to that.

[Pumapipa]

I'd be wiser than the prior year. I will prepare for the next bull-bear cycle. I was shocked to see the turn out for this year because this year I thought I have prepared myself for something big (referring to a bull run) little did I know and of course there is lack of market study, that bull run will not occur this year. Pardon me because it was just last year that I started to invest in bitcoin (another mistake that I made-- investing when the market is happy ). This year I will focus more on gathering sats then selling off at a good price in the next bull run.

[Tapyaks72]

I'd be wiser than the prior year. I will prepare for the next bull-bear cycle. I was shocked to see the turn out for this year because this year I thought I have prepared myself for something big (referring to a bull run) little did I know and of course there is lack of market study, that bull run will not occur this year. Pardon me because it was just last year that I started to invest in bitcoin (another mistake that I made-- investing when the market is happy ). This year I will focus more on gathering sats then selling off at a good price in the next bull run.

Next bull run would  probably put my financial aspects more wiser, I've planed to dump my holdings, and probably buy some when the price again reach bearish points. Because this year had made my holding into stagnant since the price becoming lower and stabilize at the lowest level.

[Semaj123]

Since almost cryptocurrencies are at low value, then obviously this is the moment to buy some because this year is about to end. I am not expecting too much next year to avoid further losses. I am about to learned more in trading just in case next year will be the same as this year.

[Cosbycoin]

I have been living a very difficult life because of the hardships drop on the bitcoin created for me.

I know everyone meanders down a different path, but you've been here for over five years now. Surely you're a little bit insulated by an earlier arrival than average? I can see how someone who turned up last December would be sad. Less so several years back. None of my business of course.

You know the perspective a lot of people tend to place on things may always get to be different and really, I wonder why someone who has actually been here through the previous thick and thins, the growth presently even at the current drop would really be having issues with now.

One thing I guess for sure, is either such a person has been living through the same level of thought, and then doing the same thing through all these years and expecting different results, which will sound strange to me, or the person has just decided to choose one difficult life for himself. Nonetheless, like you said, none of our businesses

[Barbut]

I have been living a very difficult life because of the hardships drop on the bitcoin created for me.

I know everyone meanders down a different path, but you've been here for over five years now. Surely you're a little bit insulated by an earlier arrival than average? I can see how someone who turned up last December would be sad. Less so several years back. None of my business of course.

You know the perspective a lot of people tend to place on things may always get to be different and really, I wonder why someone who has actually been here through the previous thick and thins, the growth presently even at the current drop would really be having issues with now.

One thing I guess for sure, is either such a person has been living through the same level of thought, and then doing the same thing through all these years and expecting different results, which will sound strange to me, or the person has just decided to choose one difficult life for himself. Nonetheless, like you said, none of our businesses

Bitcoin dropped last December and most of us here expected that drop. That hard life can`t be cause of bitcoin, its something that people do alone to them, they don`t understand nothing, they just bought and expected to earn a lot, without any thinking.
Bull-bear cycles are repeating all the time, keep your coins safe for future, for one of the biggest bull runs we will ever see. Everything until now will be little compared with one of the next bull runs when price go to 100,000 $ and more, that should be enough for everyone to keep their bitcoins safe until that point.

[Emitdama]

Most of us talking about 2020. when is Bitcoin halving, but price spike usually comes year after that, so I am waiting next spike which could be in 2021. I hope that I will overcome my greed in this days.

There is always a previous spike before that and then we get to see a correction immediately afterwards and the year later, we always get to see some level of craziness when it comes to adoption which I believe huge growth will actually be more lurking around 2021.

However, who really cares, one thing I have always known right from the beginning is that bitcoin has always been bullish and will keep remaining being bullish, and I really do not think there would be any need to keep worrying myself of some situation I cannot change, or some situation I know whichever way, will definitely turn out good.

[STT]

and when the bubble is happening, greed takes over. most people either sell way too low before price goes parabolic, or they wait until after price crashes out of greed. very few people get to sell the top.

Forget personal perspective or bias on this for second, the market overall is only really going to go up with higher usage even if its just for value transfer.   Ultimately people criticise BTC for not having a greater purpose, an underlying usage such as the metals or various commodities have.

gold bugs criticize it for that, and they're biased. money doesn't require underlying utility. all that does is make supply less predictable. the inelastic and linear demand from underlying commodity usage is a drop in the bucket compared to the exponentially growing value implied by metcalfe's law.

The bubble dynamic only makes me think of the time it will pop, I dont count any of that as a positive or a reason I will hold.   Bubble represents the end to me and I see the US dollar debt or Japan Yen central bank buying its own government debt as the ultimate reference to a bubble and what will pop and cause an outflow of value elsewhere.   BTC should be inverse not a copy of that and afaik its not a bubble or would be gone by now, it has a use believe or not some of which is unique and evolving in its usefulness to the world

[El duderino_]

HODL-try to gain some more BTC every where possible

[WinslowIII]

I have been living a very difficult life because of the hardships drop on the bitcoin created for me.

I know everyone meanders down a different path, but you've been here for over five years now. Surely you're a little bit insulated by an earlier arrival than average? I can see how someone who turned up last December would be sad. Less so several years back. None of my business of course.

I read the word "noobs" a lot around these forums, and there seems to be what I suspect is a very wrong assumption that only "noobs" buy and sell at terrible times. A lot of big losers dabble at crypto or just watch bitcoin and other coins a long time, but get in after the pump has gone too far.

[gentlemand]

I read the word "noobs" a lot around these forums, and there seems to be what I suspect is a very wrong assumption that only "noobs" buy and sell at terrible times. A lot of big losers dabble at crypto or just watch bitcoin and other coins a long time, but get in after the pump has gone too far.

Like I said I've no idea what everyone's circumstances are but that particular user's - account at least - has been present for two full bubbles, from $150 to $1200 and back to $150 then $20,000.

Somewhere in there you'd hope that $6500 meant being above break even after half a decade.

Talking about greed, people will probably wait for ath and sell everything then the bubble will burst out. Hence, selling on top will br their goal.

No one sells at the top apart from a tiny handful of people. Most others are too greedy and hang on all the way down.

[WinslowIII]

I read the word "noobs" a lot around these forums, and there seems to be what I suspect is a very wrong assumption that only "noobs" buy and sell at terrible times. A lot of big losers dabble at crypto or just watch bitcoin and other coins a long time, but get in after the pump has gone too far.

Like I said I've no idea what everyone's circumstances are but that particular user's - account at least - has been present for two full bubbles, from $150 to $1200 and back to $150 then $20,000.

Somewhere in there you'd hope that $6500 meant being above break even after half a decade.

Talking about greed, people will probably wait for ath and sell everything then the bubble will burst out. Hence, selling on top will br their goal.

No one sells at the top apart from a tiny handful of people. Most others are too greedy and hang on all the way down.

I can see most daytraders getting their asses handed to them in 2017. Hodlers are still hodling. And the game continues....

[Rasa nanas]

I still hold a bit of bitcoin to date, and I will sell it when the next bull cycle occurs. I put great trust in 2019 and I'm sure the next bull will happen there.

[magneto]

I think the next peak will be between $100k and $200k and likely occur in 2020, so my plan is to probably sell most of my Bitcoin hopefully averaging just over $100k.

Very difficult to say whether this will happen or not.

For me, it doesn't really matter. I'm looking at this bear market right now as an opportunity to dollar cost average and accumulate as much coins as I can, at a rate of under $7k which I believe will look like a steal in the long term.

If the markets do get overheated again like the 2018 bull market which is quite likely, I would sell some (obviously difficult to predict where exactly it's going to end up) as everyone starts to FOMO and mainstream media turns bullish again, while buying back in after the bull market passes. But the general strategy is still holding in my opinion, I'm not rushed to sell due to the fact that I got in relatively early for the majority of my BTC, and I do believe in a possible increased adoption rate in the near future.

[drachman]

My plan is not really that great but it doesn't need to be as long as it gives profits, but what I'm trying to do is that I really believe that we are going to see a small correction in the price of most altcoins and I'm trying to catch that moment, if I'm right and that correction happens I will obtain some nice profits and then I will just sell those coins, buy bitcoin again and then hold it.

[rationotled]

My plan is not really that great but it doesn't need to be as long as it gives profits, but what I'm trying to do is that I really believe that we are going to see a small correction in the price of most altcoins and I'm trying to catch that moment, if I'm right and that correction happens I will obtain some nice profits and then I will just sell those coins, buy bitcoin again and then hold it.

That is great. Don’t worry you will be fine and will have nice profits. It seems you have planned well for your coming days. Everyone should be prepared for profits and losses.

[pinoyden]

I still hold a bit of bitcoin to date, and I will sell it when the next bull cycle occurs. I put great trust in 2019 and I'm sure the next bull will happen there.

Same here , i also hold some btc and alts on my purse but im not planning to sell them now even though i trully in need of cash because it will just hurt to much .

Im also hopping that the next bull run will finally come on the year 2019 but for now , i just foccus on buying more cryptos everytime i had a spare money on my own wallet .

 

Most of us talking about 2020. when is Bitcoin halving, but price spike usually comes year after that, so I am waiting next spike which could be in 2021. I hope that I will overcome my greed in this days.

2020 and 2021 are too long to go   , im not sure if i can stil wait for that year to come but i strongly believe that btc can still recover anf pump within this year especially when we hit the month of december .