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Author Topic: Seems like the bullrun is over this year!  (Read 907 times)
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December 04, 2020, 01:29:28 PM
Merited by philipma1957 (1)
 #21

You don't lose until you sell.

Posts like this will make the price go up.

LMAO

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December 04, 2020, 02:01:15 PM
 #22

You don't lose until you sell.

Posts like this will make the price go up.

LMAO

Damn right Grin

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December 04, 2020, 04:03:42 PM
 #23

People are so optimistic about Bitcoin price, would be nice to smash 20k but not sure. If you believe in the long term holding you're on bullish.

Don't act so much on community's opinion, and don't rush. Obviously high volatility things can explode anytime so consistently be set up to get the opportunity.
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December 04, 2020, 04:30:57 PM
 #24

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

You never lost investing in Bitcoin you only lose your patience, you should do your research before investing not only on Bitcoin but on all coins in the market, Bitcoin was and is never a pump and dump coin, you do not invest here and just wake up the next day that you already made double the profit, it's not the way how it all works.

The market condition is better now you should look at the chart to see the profit made by investors who invested in the time where only brave people invested.


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December 04, 2020, 04:51:34 PM
 #25

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

You never lost investing in Bitcoin you only lose your patience, you should do your research before investing not only on Bitcoin but on all coins in the market, Bitcoin was and is never a pump and dump coin, you do not invest here and just wake up the next day that you already made double the profit, it's not the way how it all works.

The market condition is better now you should look at the chart to see the profit made by investors who invested in the time where only brave people invested.
I agree. Research is essential in every investment, It is not good that you only invested in bitcoin because of the bull run and the hype around it. There are no successful investors that invested blindly, Everyone of us trusted bitcoin because of its potential and that potential can't happen in just days, weeks, or months. I'm sad because you invested your daughter's savings without thinking about the risk and complaining about your loss.
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December 04, 2020, 05:07:38 PM
 #26

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?
I want to ask! at what price you buy Bitcoin?  the bull market does not end, the decline in price that occurs is only the volatility of the Bitcoin price.  if you are in doubt about the price of Bitcoin then sell your Bitcoin when you have made a small profit, don't sacrifice your daughter's savings..

warning for you; "Don't buy Bitcoin with money that you can't afford to let go"   

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December 04, 2020, 05:20:07 PM
 #27

I certainly wasn't expecting any of this so it's been a pleasant surprise. Maybe there'll be more soon but I'm not bothered. It shows potential for next year.

As for OP, I was severely underwater for nearly three long and boring years. Now I am not. If you can't take it after a handful of days maybe this isn't for you. And if it's not really your money that's an even more pisspoor idea. Still, if you wait long enough the chances are high you'll come good.
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December 04, 2020, 05:21:28 PM
 #28

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?
Be patient friends, Bitcoin only goes down a little and it takes a lot of patience when expectations don't go the way you want.
but you also have to be aware of bitcoin volatility and can easily turn things around suddenly, but I am optimistic that bitcoin will bounce back in the near future to reach the price of 20k and you have to be patient that the bull run will return.

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December 04, 2020, 05:51:09 PM
 #29

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?
Bull ran is happening in this market and Bitcoin already hits ATH value of the year. The last chapter of the year is just started and we will be going to see something big which will be placed soon. Institutional investors are coming in crypto which is blessing for cryptocurrency.

Losing money due to the current market condition doesn't mean such thing. You may know more about this. Bull run is just started and will continue which I am thinking. So have some patience, you may able to make profit soon.

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December 04, 2020, 05:57:38 PM
 #30

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

You can wait till the end of this December.Because mostly the bull run will end at the last week of december all the time. But don't wait blindly, analysis the market every day.Now the price of bitcoin back to the normal senerio. It was in the market price of 19k$ and it will reach the maximum of 20,000$ before the year end.If my guess is right, the price will reach the 21k$.
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December 04, 2020, 07:30:34 PM
 #31

~snip~
It's December, after all!
Are the bulls gone now or what?
^ Be patient because the price volatility of bitcoin will never abate, we may still experience some price shakes but that is only due to some bitcoin investors who will probably to sell their bitcoins and probably because of FOMO or could be because of the holiday season like what OP mentioned it's December now and we consider this as the shopping season but that may not be enough reason to conclude that the bullish is over for more individuals are still coming in as far as I know to invest and own some bitcoins due to the mass adoption and awareness made by large companies who acquire bitcoin in their services now.
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December 04, 2020, 08:09:37 PM
 #32

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?
3 days ago the price of bitcoin was already high, and you bought bitcoin at an already high price. But it would be more profitable if you buy bitcoin under $19K.
But it doesn’t matter to buy at that price either. But it is not possible in 3 days you want to make a profit.
At least you have to wait until the price increases and give a profit if you plan to sell it soon. But my advice is not to panic too much if the price of bitcoin falls,
because it will recover. It just takes time

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December 04, 2020, 08:16:29 PM
 #33

Where does it seem like that? Where did you see the bull run ending? First of all, NEVER invest something precious like that. It is regular common sense not to invest something like that and if you did that, you did something wrong and you should have never done that to begin with. However there are a billion places in online world, in books, in tv shows, in movies, and specially in finance channels that keeps saying never invest money you can't afford to lose but you did it anyway.

This shows that you didn't cared about your daughters savings at all. Which is why I think if you still want to keep going about bitcoin not in a bull run go ahead and assume whatever you want to assume, at the end of the day bitcoin is doing great and only thing that is doing worse is your daughters future if you keep doing these things.

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December 04, 2020, 08:28:24 PM
 #34

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

Don't invest in bitcoins for short term and if you can't wait for  3 days and panic for this little dump, you should avoid bitcoins.
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December 04, 2020, 09:52:13 PM
 #35

I wouldn't advise anyone to pile into the market all at once, unfortunately this is a sign that marks progression towards the top.  The reason being volatility works both ways, if people rush in they rush out and in a crowd dynamic thats destructive towards a price building.    Humans have been repeating themselves in this way across markets for thousands of years I guess, technology can be part of what effects waves in price movements so we certainly have a disruptive new technology here and also human behaviour is erratic as part of that.
  BTC itself is separate from how markets price its security value, avoid over investing basically is how I'd put it.   BTC is a long term interest valid to have, dont rush too much.   Over a year ago I realised 2021 had a good chance of rising quite dramatically, it wont happen all at once I hope so a pullback now is quite bullish still.

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December 04, 2020, 10:18:41 PM
 #36

People are so optimistic about Bitcoin price, would be nice to smash 20k but not sure. If you believe in the long term holding you're on bullish.

Don't act so much on community's opinion, and don't rush. Obviously high volatility things can explode anytime so consistently be set up to get the opportunity.
It will be better if we were able to set our goal in long term than in shorter plans as the price is tto volatile we must know what our goal and priorities is, in terms of OPs case it somehow looks that he only buy due to hype of the community and the unexpected price increase in the fast mounts, these price increase is already sudden and only due to Paypal news even we know BER months make the price increases, I didn't expect it to be as near as it's ATH price.

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December 04, 2020, 10:40:08 PM
 #37

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?
First of all what you did seems very irresponsible to me, you invested money that doesn't belong to you in an asset that is very volatile, second just because the market is moving sideways that doesn't really mean that the bull market is over, that could just mean that the bulls are taking a break and are gathering strength in order to surpass the 20k level that is proving to be very difficult to break, I really hope that things go well for you because that will mean that the price of bitcoin is going up and everyone in the forum is happy because of it, but it is actions like those that can completely destroy your capital because it doesn't seem as if you know what you are doing.
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December 04, 2020, 10:53:10 PM
 #38

When it comes to cryptocurrency investment, the focus of profiting shouldn't be short term. If we target long term profiting, automatically the market will give good return. The user will also have time to explore and make proper decisions. What OP have done is big mistake, he had invested at the higher price and expecting the return within a short time period. He could've done it atleast few weeks back.

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December 04, 2020, 10:57:15 PM
 #39

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?
3 days ago the price of bitcoin was already high, and you bought bitcoin at an already high price. But it would be more profitable if you buy bitcoin under $19K.
But it doesn’t matter to buy at that price either. But it is not possible in 3 days you want to make a profit.
At least you have to wait until the price increases and give a profit if you plan to sell it soon. But my advice is not to panic too much if the price of bitcoin falls,
because it will recover. It just takes time
Yeah if you buy it in these all time high price it requires at least 3 or 7 years for you to get a real profit in the next all time high lol.

There's always ups and downs and it happens real quick in crypto market, open seems lack of experience and knowledge about this or simply blind due the greedy and FOMO.
It's looks like the peak of Bitcoin Price, hard to make a call that the bull Run is still on..  Or not. You better guys don't go all in, it's not the right moment to do so unless if you buy it through the last correction that happened last week where it goes below 17k. Now we are attempting another one,  will it gets through $20k or goes down even lower than $17k? 

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December 04, 2020, 11:58:43 PM
 #40

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?
Why does some people have this kind of mindset? Like they just plan to invest whenever they see Bitcoin in bull run but did nothing when it's on the bottom yet? If you keep doing this every time you see a bull run then you will most likely to lose your investment although there are no right time to invest but it's just too high to invest and you expect already that the market to keep growing and growing everyday.

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