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Author Topic: 2020/2021 BULL RUN, COULD IT BE ENDING?  (Read 197 times)
Shasha80
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February 25, 2021, 11:58:49 PM
 #21

Don't panic seeing the price of Bitcoin and altcoins falling in price, this is only a temporary correction after previously experiencing an increase.
So I don't agree that this is the end of the bull run, because for the crypto price to go even higher, the current correction is necessary. Just HODL
the coins we have, and if we have extra money we can buy more. Here our patience is tested as investors, don't regret selling Bitcoin and altcoins now. Because soon the crypto price will rise again.

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Saisher
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February 26, 2021, 01:12:19 AM
 #22



Now that Bitcoin and the major altcoins are losing price at the same time, can we say the bull run is already ending?

This poses that the Cryptocurrency traders and new entrants into cryptocurrency world has to thread with caution to avoid or minimise losing of funds to the amount they can conveniently afford to lose.

The market is not crashing it's just a correction, it's still too early for the market to crash or bull run to set in, we have three or four years of bear trend, I'm hoping that we have a long bull run just like we've had a long bear trend, and besides we have a good trend on Cryptocurrency, the bull run will still continue until 2021.
TravelMug
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February 26, 2021, 01:55:17 AM
 #23

Don't panic seeing the price of Bitcoin and altcoins falling in price, this is only a temporary correction after previously experiencing an increase.

Right, but we can't discount the fact that there are still a lot of traders who really panic and gets nervous when they see their portfolio going down, so they sell, others hedge it to USDT as sort of protection.

So I don't agree that this is the end of the bull run, because for the crypto price to go even higher, the current correction is necessary. Just HODL
the coins we have, and if we have extra money we can buy more. Here our patience is tested as investors, don't regret selling Bitcoin and altcoins now. Because soon the crypto price will rise again.

Yes, this is just a minor and healthy dip and won't definitely end this bull run. For me who have seen the bull run in 2017, I'm not that emotional even if I saw my wallet's value going down. I still prefer the old and effective way of making money here, HODL.

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