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Author Topic: This has happened in the past!  (Read 983 times)
arpon11 (OP)
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March 19, 2019, 07:05:16 PM
 #1

I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again.  If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. 
Keep holding and the future is for you!
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March 19, 2019, 07:46:50 PM
 #2

When one sells at a lower price and experience a good growth in the price surely regret of selling it earlier. This is common, as stated historical data give a clear statement about the market. Even the present market is same as that of the past, for a long the market wasn't showing big growth and all of the sudden in unexpected time the growth peaked high reaching around $20000. Maybe the same scenario might return back with the present year as well.

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harizen
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March 19, 2019, 08:05:52 PM
 #3


Nice positivity but I believed everyone knows already that the "sun will shine on BTC again".

Disregarding technical analysis, there are some sort of "valid" points why we should believed that bitcoin will soon hit the desired price of others. It's not always about being optimistic but we have really reasons to believed on that. Even past performance can't guarantee future results, it's worth to put a shot.

Pointing to the selling action, it's fine to sold today as long as people know what they are doing. It might be part of the strategy and later on the funds will circulate again on buying another rounds.

Well then, people just have to be patience and go with the flow.

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March 19, 2019, 08:44:58 PM
 #4

If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early.  
Keep holding and the future is for you!

Long term speaking I agree with you, but short term speaking, hodlers have not been much of a help preaching the importance of being a hodler during uncertain times. $6000 wasn't worth dumping at people said, and we all know what happened afterwards. It could apply to the current price as well, so I would be a bit more conservative when it comes to telling people to hodl since they mostly only care about the short term picture.

What people can do is have two stashes of coins; one purely for speculative purposes, and the other for long term hodling purposes. The ratios are up to people themselves, but in my case as risk averse pussy, it's 90% hodl stash and 10% trading/speculation stash. 100% Bitcoin. I do however use Bitmex to long/short certain altcoins do they offer a decent profit making opportunity.  Smiley
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March 19, 2019, 08:47:43 PM
 #5

Keep holding and the future is for you!
I agree with you, the future will be for these cryptocurrencies but not necessarily that history repeats itself.
Factors that caused collapse, rise, and stability in the past are not the same factors today. A lot of things have changed since 2010 or 2015.
Also, if the currency rises in the past and conditions change, it does not necessarily mean that it will rise in the future.
The future for you but do not forget "Do not invest more than you can lose."

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Shinpako09
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March 19, 2019, 08:54:43 PM
 #6

Yes, this happened before but still I don't get it why other people still panic every fall considering they are here for how many years and witnessed already on how the price works. Just because their expectation didn't met. You will notice that the same cycle were going to happen in the following years so no need to get panic and be patient.
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March 19, 2019, 09:03:48 PM
 #7

wallet chrome-extension://nlbmnnijcnlegkjjpcfjclmcfggfefdm/cx-wallet.html#my-wallet
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March 19, 2019, 09:11:34 PM
 #8

wallet chrome-extension://nlbmnnijcnlegkjjpcfjclmcfggfefdm/cx-wallet.html#my-wallet
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March 19, 2019, 09:19:27 PM
 #9

The problem with some investors is they lose faith in Bitcoin. They hardly buy during these bear season or just simply when bitcoin was just few dollar cents years back. When they saw that it is already soaring high and people are talking a lot about it, they probably don't want to be left out of the trend so they start buying at a high price. Just after the height, price begins to slowly go down and they will wait and wait till the price kicks back again but sadly it did not. Now they are whining about their investments, crying like a baby.

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March 19, 2019, 10:23:22 PM
 #10

I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again.  If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. 
Keep holding and the future is for you!
Being optimistic isnt really bad but dont be hyped too much on the potential increase yet the reality would slap you in the face and would leave you stressful.
You cant stop people not to sell their coins even on the slightest movement as long they are benefiting or profiting then long term wont really be in their vocabulary.

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March 19, 2019, 10:49:22 PM
 #11

That's the positivity that everyone has to have. Many have given up due to this long bear market but the most patient ones will reap all of the waiting for the past months.

The same pattern for the past years, goes on bull, takes on break through a bear market and after that goes back stronger and with higher position. Don't be discourage if there will be more FUDs on the way, they have been there since then.

Keep holding and the future is for you!
The future is for everybody that believes.

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March 20, 2019, 01:58:56 AM
 #12

I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again.  If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. 
Keep holding and the future is for you!
Its a cycle yes but its really hard to tell when will be the next cycle of the pump and this is why many are being impatient and panicking well I agree that its their loss and they will regret it. I wish to see that price in the next 2years. I believe that what happened in the past will happen again in the future but it will be more better, patience is a must.
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March 20, 2019, 05:31:06 AM
 #13

I agree that the market right now has a structure based on Accumulation and Distribution, but given the circumstances it has been observed that we are in the accumulation phase supported by Wyckoff in my opinion, and the accumulation period for bitcoin, was from the year 2014 until 2017, those years lasted in the accumulation phase, now it is uncertain, you can not know how long it can last.

However, it can be rescued that market movements, although bearish in nature, have moved quickly, with the result that the best time to buy is now, and that profits will come safely over the months , years, depending on what has to last to enter the bullish phase.

According to this, if you can compare to the past, because it is usually as you say, Accumulation and Distribution, which, I add: Accumulation, Bullish Trend, Distribution, Bearish Trend and Accumulation.

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March 20, 2019, 05:38:58 AM
 #14

~ bitcoin and altcoins do come out stronger!

are you freaking kidding me Cheesy
each time in the past that we had the altcoin pumping season like this where every single altcoin gets big pumps, when the dumping season starts right afterwards at least 40% of the altcoins die and the remaining 60% go down and give their places to newer altcoins that will do the same thing as they did (pump and dump).

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March 20, 2019, 12:39:44 PM
 #15

Well you can't really base your decisions entirely on what happened in the past anymore since we've also seen that trends aren't as reliable as they were before. 2018 made sure we realize that. Though it can be good for consideration, looking at past trends shouldn't be your main source.

 
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March 20, 2019, 01:45:19 PM
 #16

If you are a HODLer then you can think that way and just wait for the price to spike up, but if you are a trade you are missing a lot of opportunities to gain profit from trading.

There's no point in waiting for a bull run to come, it's not feasible for us traders.
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March 20, 2019, 01:54:11 PM
 #17

you're right if someone sells bitcoin will now regret that the long term is better if investing in bitcoin, they will lose the opportunity next year. by the way experience also says that regret always comes late and it can't be repeated

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March 20, 2019, 02:09:27 PM
 #18

Theres a good chance it will happen again but past results don't always repeat.  The best we can do is study the past data and make an educated guess on what will happen in the future but there are no guarantees.  Bitcoin had an inflation bug that was discovered by a Bitcoin Cash developer luckily.  imagine if something like that happened again but gets exploited heavily.
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March 20, 2019, 02:52:50 PM
 #19

If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early.  
Keep holding and the future is for you!

Long term speaking I agree with you, but short term speaking, hodlers have not been much of a help preaching the importance of being a hodler during uncertain times. $6000 wasn't worth dumping at people said, and we all know what happened afterwards. It could apply to the current price as well, so I would be a bit more conservative when it comes to telling people to hodl since they mostly only care about the short term picture.

What people can do is have two stashes of coins; one purely for speculative purposes, and the other for long term hodling purposes. The ratios are up to people themselves, but in my case as risk averse pussy, it's 90% hodl stash and 10% trading/speculation stash. 100% Bitcoin. I do however use Bitmex to long/short certain altcoins do they offer a decent profit making opportunity.  Smiley


Which is weird because since when do people view investments as short term things? People are always told to invest long term, the same applies to bitcoin. I think the face that bitcoin grows so fast has some people thinking if you're not making lots of money in the next few months then you shouldn't be buying bitcoin. Which is what leads people to not buy now at the bottom and instead wait two years when bitcoin is ripping up through 5 digits toward 6 digits and then throw money in. It doesn't really make sense. If you can't even keep your money in an investment for a relatively short time span like 3 years you're doing it wrong.

But i guess lots of people come to investment all wrong. My brother is telling me this is a great time to get into the stock market after a massive boost in 2017 and a decade long bull market, when most analysts see a recession coming soon as the US economy is propped up on massively increased debt spending the past couple years and is basically out of tricks to continue to spur the economy, and the negative long term consequences of those tricks are probably gonna start biting the economy and the stock market in the ass pretty soon.
Meanwhile I've got people at work every week or so asking me how much I lost in bitcoin so far, and I say nothing because I'm accumulating, not selling right now. They don't understand, they think I can only lose money simply because bitcoin crashed last year.

Anyone who isn't willing to hold for a few years shouldn't be investing in anything and first needs to learn about what investing is all about.
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March 20, 2019, 02:56:04 PM
 #20

I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again.  If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. 
Keep holding and the future is for you!


HODL bitcoin was the word spreading the bitcointalk forum and all the places where we can see the crypto users but after the drastic fall in coming days we are facing big problems in earning, Good ICO projects, trading volumes and many more.


I always keep the bitcoins safe and will not sell the bitcoin unless it reaches 10k USD at least. number of hodlers increased then we can find the more demand on bitcoins and price rise too.
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