What goes up must come down

[sapnu]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

It was really like the year 2017 and 2018 era that we are living in today but it is quite different at some point since bitcoin was able to surpass much more than we expected right now and the occurence of its bull run is way longer compared to what it has experienced from the past. Surely, there are a lot of people who instantly became millionaires after holding their bitcoin even after witnessing it dump way back 2018. They held on their faith on bitcoin and look where they were able to go because of it. There are still possibilities that bitcoin and other crypto might dump once again but it would be best if we are going to prepare while we still can.

[Kabul]

Yeah, I agree with your points. Big companeis might withdraw their money already and those FOMOs on the media are just fake news, or weird companies who want to buy bitcoin at all cost

Damn. You guys should be careful. Even though the momentum is strong, nothing guarantee that the train will continue to stay on the track

[bitgolden]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

In most sense, you are making good point but we are in 2021 and the bitcoin investors are from all type of people from individuals to hedge funds and from almost all the countries which means even those buyers who bought around $4k levels may start booking profits but the other people who are all looking for dips to get in, definitely will make use of that.

So, somehow bitcoin market will continue its bull run for at least for short period of time which is expect to last until end of this year. When more people do speculate alike that will become as a trend in overall. I agree bitcoin market may come down at any time, but it may not right now.

[el kaka22]

Not really? I mean sure it may come down for a short period of bursts, but bitcoin usually goes up all the time, gold has been doing that for thousands of years, have you checked the price of a gold bar in the past 2000 years?

It has increased constantly, it has been on the rise always, look at last 10 years, it has increased there too, look at 20 years to 10 years ago it has increased then as well, gold bar has been more and more valuable all the time in the long term, but it had days it went down. That is why I think what goes up doesn't have a need to come down, it may for a short period of time but it will not end up being anything for a long period of time. Hell look at bitcoin, it reached 20k, dropped to 3k, reached to 64k recently, which shows you, even though it goes down for a while, it will always go up in the long run for sure.

[Willitivity]

Why are you scared of only those people who bought bitcoin at $4,000?, there are people who are in possession of thousands of bitcoins since 2009 and yet they haven't dumped it and you are scared of $4000 buyers, what goes up will surely come down/correct that's the philosophy of the market, price can't keep pushing upward forever there's bound to be bearish seasons or downtrend, even the $4000 people decide to Cashout then it's up to them if they want to sell their big for a mere $56000 when they can hold and sell at $100,000,its a matter if choice but don't think everyone is a weak hand like you.

[BaeSuzy]

For investors who have felt the DIP in the 2017-2018 period, this must have felt like dejavu. But in my opinion it wouldn't happen again. It will be correction, of course but i don't think it gonna be same like 2017-2018 period, because at this current situation Crypto is already too BIG especially after COINBASE IPO.

[sulendra12]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again,

Same, the PTSD hits me again. But, I've been getting so much profit these days just make sure to use this benefit and hype event to maximize your earnings. The worst case is that same thing would happen like in 2017 era but it's still going strong I would say.

[blockman]

For investors who have felt the DIP in the 2017-2018 period, this must have felt like dejavu.

Not yet the same as 2017-2018 because it's much more than the last dip that we've seen. The comparison is vague because we're still at a high comparison from that year of the bear market.

But in my opinion it wouldn't happen again. It will be correction, of course but i don't think it gonna be same like 2017-2018 period, because at this current situation Crypto is already too BIG especially after COINBASE IPO.

Although it's a separate market from the Coinbase IPO the most recent news is that Brian sold a lot of his stocks for $291M.
(https://www.reuters.com/technology/coinbase-chief-executive-armstrong-sold-2918-million-shares-opening-day-2021-04-19/)

[Fredomago]

For investors who have felt the DIP in the 2017-2018 period, this must have felt like dejavu. But in my opinion it wouldn't happen again. It will be correction, of course but i don't think it gonna be same like 2017-2018 period, because at this current situation Crypto is already too BIG especially after COINBASE IPO.

There are more people now who knows and trying to understand this market, the chance of having them inside will difinitely brings new
investment.

That past might not repeat itself unless support from those known personalities and businesses will withdrawn to this venue of investment.

Lets look forward and hope to see much quicker recoveries. Bounce back will happen.

[Distinctin]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

The market had already changed and it happens every day. Does history repeat itself? It is just a story in the past and we can't compare it this time and much more to think that it gonna happen again similarly.

2017/2018, I can really remember those years and how the market behaves that time but we are in far different now. Some indications are;
*growing number of crypto users/investors
*adoption has gone strong (includes big and know companies)
*Crypto gambling institutions are growing

All these things had made a lot of changes and that continues to grow day by day.

[CaVO32]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

The market had already changed and it happens every day. Does history repeat itself? It is just a story in the past and we can't compare it this time and much more to think that it gonna happen again similarly.

2017/2018, I can really remember those years and how the market behaves that time but we are in far different now. Some indications are;
*growing number of crypto users/investors
*adoption has gone strong (includes big and know companies)
*Crypto gambling institutions are growing

All these things had made a lot of changes and that continues to grow day by day.

Indeed, the adoption today is different from previous years. Institutions or organizations I believe, has strong faith now more than ever towards crypto. They have seen the potential of crypto during this pandemic crisis. And how it will influence the current payment market. Before, a lot of these companies were throwing negative things towards crypto, and look at now, they change their stance and collecting their own bitcoin stash. So I don't think it will crash the way it did in previous years, there may be drops but not that massive where people will lose trust.

[AliMan]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

That's still going to happen unexpectedly mate, we can't control that situation. What we only need to do is always keep an eye towards the reality of cryptocurrency, there's always a big surprise and if you couldn't control the greed within you, I think we're going to fall on the wrong sides of our decisions. Once you've hit the target then don't ask for even more lucky profit, grab while the iron is hot.

[Yatsan]

This is indeed right just to maintain the balance so that the whatever on the top must also experience the bottom to be able to open up space for better improvement. With regards to crypto prices, there are cryptocurrencies that are not always into their top most because all are also experiencing to be at their bottom most before they have got into the part where they are into right now. That will be a cycle that will keep in repetition to keep up the balance in the market.

[BuNga_cute]

~

The market had already changed and it happens every day. Does history repeat itself? It is just a story in the past and we can't compare it this time and much more to think that it gonna happen again similarly.

2017/2018, I can really remember those years and how the market behaves that time but we are in far different now. Some indications are;
*growing number of crypto users/investors
*adoption has gone strong (includes big and know companies)
*Crypto gambling institutions are growing

All these things had made a lot of changes and that continues to grow day by day.

Indeed, the adoption today is different from previous years. Institutions or organizations I believe, has strong faith now more than ever towards crypto. They have seen the potential of crypto during this pandemic crisis. And how it will influence the current payment market. Before, a lot of these companies were throwing negative things towards crypto, and look at now, they change their stance and collecting their own bitcoin stash. So I don't think it will crash the way it did in previous years, there may be drops but not that massive where people will lose trust.

What distinguishes the crypto market this year from 2017, because more and more institutions are investing long-term in Bitcoin.
This makes the crypto market more trusted by many people, in fact, very many people end up moving their assets elsewhere into crypto.
Because in addition to the huge profits made from crypto investments, some coins are now widely used for payments too. So the positive
trend continues to approach the crypto world, the future of crypto will be even brighter. So when the crypto market declined like it is today,
Investors do not panic easily, this will make the current price decline that should not last long.

[gaston castano]

and what goes down will come back up, just remember the pattern and you will be fine, shouldn't say no need to invest in btc why is that?
did btc make things bad for you or did you suffer losses at btc.
when they take advantage you can buy it back at a low price.

[oemar bakrie]

for me this is the highest point of bitcoin price and myself a little afraid to buy or keep too long ,
the impact of the world economy which started to return to normal when it started to return to normal and of course all crypto money will be slightly reduced..
but that's all I don't regret because I have felt the results of knowing crypto since 2017..

[trauchot]

Indeed, people who bought cryptocurrencies at low prices, most of them have already sold their cryptocurrencies, and the most important thing is that these same people still invest in cryptocurrencies in order to get a new profit, there is also a constant correction of the cryptocurrency market because big players are constantly selling their cryptocurrencies and this must also be taken into account, so you should always follow the cryptocurrency market carefully so as not to miss the correction.

[Ucy]

The volatility needs to be moderate though... without compromising on True Cryptocurrency deflationary feature.

Taking huge profit at the detriment of the Network should be avoided. A smart person would understand the impact that could have on other investors who are supporting a Cryptocurrency Project.
We need to encourage people to use cryptocurrency within the economy and in well decentralized manner. This would also help keep price healthy.

[Jackl87]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

It's definitely true that a market as a whole can't go up all the time. There will always be periods where a market falls or corrects. That being said i don't necessarily see a reason why there inevitably have to come a 2 or 3 year long bear market soon where most projects are dropping 80 or 90% in value. There will be a correction sooner or later and we already saw some smaller corrections already but i personally don't see a massive bear market coming in the long or midterm future.

[nicecrypto]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

Definitely investors will always have their target price to take profits and this do continue to happen in the cause of the market because different investors invested in different time and will seek to take profits at different times hence the constant correction in the market.