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Author Topic: What does Bitcoin's crucial year teaches us?  (Read 344 times)
ILuckyGuyI
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November 26, 2020, 10:11:53 PM
 #21

I am not sure about "every 3-year" thing. It can be a coincidence too. But I am sure about especially one thing that Bitcoin is really the best and most trustworthy cryptocurrency among all cryptos.  I hope we won't see Bitcoin price going back to its first times in the future.

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November 26, 2020, 11:47:23 PM
 #22

Many things can be learned from what is happening now with Bitcoin, it turns out that we must have patience when investing in Bitcoin.
If we can be patient then we will get positive results, by getting profit from the current increase in the price of Bitcoin. Another thing
Bitcoin teaches us is to trust Bitcoin completely, because that believes in the potential of Bitcoin. So now we can get profit from Bitcoin,
after the price has risen above $ 19,000.

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November 27, 2020, 12:21:01 AM
 #23

Every year is crucial with bitcoin. As we take it granted, it looks to be more flourishing, because it is quite risky to predict the market and make the investment. People always find something negative about the market. The same is being used by the whales for the purpose of manipulation. Learning out of the market moves teach the difficulty and the plans to meet any kind of market change in no time.

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November 27, 2020, 02:02:09 AM
 #24

I hope this will give you all a clear picture that every three years we there will be huge market fluctuations and make most of it.
Hmm, I might consider your conclusion but I will definitely not depend all of my decisions into it. I tried to analyze the dates inclusing the prices you've mentioned and I noticed that 2015 and 2020 are the same. Their first quarters are bearish while their last quarters are bullish. But on the side of 2018, it was the opposite.

Another thing I want to point out is the year 2017. Why huge fluctuation happened (I am pertaining to ATH, which is the biggest) on that year if you conclude that it supposed to happen every three years? See? I can't find a consistency at all. No offense mate but for me everything is just a coincidence. Nonetheless, great observation by yours Cheesy.
Digitalbitcoin
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November 27, 2020, 05:11:56 AM
 #25

This whole year was under pandemic attack all over the world, and due to this reason, many countries have broken down with their GDP and collapse economies.

Bitcoin also gets affected due to pandemics and takes down to $3859.4.

But Bitcoin bounced back towards the previous high of $19,783.06.

All its showing worldwide interest of people in cryptocurrency.

Many new projects are going on with many institutes and corporates for a better chance in business and economics.

All things takings towards Bitcoins growth in value due to higher demands.

Bitcoin is becoming more and more popular worldwide at the same time becoming a more precious commodity asset also.
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November 27, 2020, 09:23:42 AM
 #26

Well, everything has been explained in this thread from OP and to the others who already commented. As a matter of fact, -- the thread doe not only show that bitcoin is capable to survive in the market regardless of the economic status but also reminds everyone that bitcoin is a long-term investment that provides profit beyond your expectation when you reap at the right time. I also agree that in this trading industry the main ingredient is patience with a spoonful of knowledge and skills in order for everyone to earn a profit that is beyond their expectation and succeed in this bitcoin world.









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November 27, 2020, 09:48:30 AM
 #27

I hope this will give you all a clear picture that every three years we there will be huge market fluctuations and make most of it.

What is so clear about?
2015 February lowest December highest
2018 January highest December lowest
Which one is this time?

Not to mention that you purposely avoided 2016,2017 and 2019 because if you would have counted that everything would look quite different. If you planned to tell people that the price will rise for certain you could have simply told that 10 years ago it was 10 c and now it's worth 20k, by this logic in 10 years it will be worth about 4 billion.

Stop trying to find patterns, and stop thinking history will repeat itself endlessly you're simply trying to guess the winner of the Royal Ascot by the zodiacal sign of the jockey on horse number 6.

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November 27, 2020, 09:59:47 AM
 #28

BTC's crucial year teaches us that don't be excited, be patient, follow deeply in the market index, experiment on the previous situation, go slowly. If the market fall doesn't get panic, wait and see what happened next. The most important thing is if you mistake on time and can realize then you will never occur this type of error. So it is a good sign not to fall again.

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November 27, 2020, 10:01:15 AM
 #29

During those year when bitcoin slump in the market it teaches and gives us realization to be patient. Just like these days price increase and lucky those who have strong hands that after for a long time bitcoin at last back to its track. With this movement in the market, possibly in my opinion we could see another all time high. So I’m one of those optimistic about bitcoin could bring us another good profit in the coming days or months.
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November 27, 2020, 10:16:24 AM
 #30

I hope this will give you all a clear picture that every three years we there will be huge market fluctuations and make most of it. Bitcoin is not a bubble but the most trustable crypto that's why no other crypto can overtake it even though some have better features than Bitcoin.

I'm not a hard believer of a 3-year Bitcoin pump pattern. Well, that's basically based on the Bitcoin halving.
Though Btc is bound to break a lot of ATH in the long run, doesn't matter If how many years It did pump and dump, that's a normal fluctuations of a highly volatile asset.
What matters most is the growth of Btc since day one. From that alone you could tell, it's not a bubble that could burst anytime and will be gone in an instant.

R


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December 17, 2020, 06:58:53 AM
 #31

I think the major influencing factor right now for the BTC is pandemic which resulted in various reactions by everyone. Now people are more than ever supportive of Hodling and institutions are also jumping in the game.
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December 17, 2020, 07:02:15 AM
 #32

Of course, such a price for bitcoin is pleasing to the eye today, but still it was a difficult path when a few years ago my friends said that this was another bubble that would soon burst, and so on, but I continued to believe and see the prospect in bitcoin, and today it already costs $ 22,000 and I am very glad that I believed in him

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December 17, 2020, 07:54:31 AM
 #33

I learnt that Bitcoin is the hope of the future, at a time it will be legally accepted by all the country and it will for  use for everyday transaction just like any other currency
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