Winter is here....

[cryptozanga]

Yes, a winter of 2-3 years is coming, if you don't believe this you will lose all your money, you need to understand how to play this game, holding is just a good idea if you really don't care about the invested money.

Bears are in control.

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[tabas]

Yes, a winter of 2-3 years is coming, if you don't believe this you will lose all your money

I'll only lose my money if I panic sell. But holding it won't. The value would drop but that doesn't mean it will lose and will go to zero.

you need to understand how to play this game, holding is just a good idea if you really don't care about the invested money.

Bears are in control.

That's why I'm holding. I've been holding with the past bear market so this won't be a big deal to me. The worry goes to the newbies who recently invested and they don't how to handle the market pressure and the psychological effect that it gives to them.

[Zoe Saldana]

Yes, a winter of 2-3 years is coming, if you don't believe this you will lose all your money, you need to understand how to play this game, holding is just a good idea if you really don't care about the invested money.

Bears are in control.

I don't agree.  This decline got rid of the people who were using extreme leverage and problems on exchanges prevented the people who wanted to buy to get on and buy.

We will see a base of about $42K forming and then up from there.

[online73]

The first indication that the market is now starting to grow again is the decadent sentiment and the harbingers of a "crypto winter". I don't need to look at the price chart - this is all pure manipulation. Everyone around was in ecstasy, predicting a rise in the price of Bitcoin over 100,000 - get a drop in price. Now many are talking about the onset of the crypto winter - I think that before that we will still update the historical highs, and then, at the most inopportune moment, the "crypto winter" will come. Good luck everyone.

[Oceat]

How low do you think this "bear market" you are talking about?

I don't think it's the winter time or bear market already, the price is quite high and profitable enough compared to the price last year. If you think this is the start of a bearish trend, the market should be dropping hard right now but it's not. And I am annoyed how high the tx fee and congested the pool is when you are just trying to send some BTC to someone and it takes a lot of time to process.

Weak hands are in panic and you can clearly see that in the mempool that people are starting to dump as if this is the end. They never hodl I guess because they just take the profit after they've ride the bull run.

[Kemarit]

Yes, a winter of 2-3 years is coming, if you don't believe this you will lose all your money, you need to understand how to play this game, holding is just a good idea if you really don't care about the invested money.

Bears are in control.

Nah, it's too early to say that we are in the bear market, of course the price did go down to $30k'ish but we have bounce back already and just above waters at $40,000. So it's too early to say that winter is here, there could be things to come in the next coming months and recover what we have lost this May and then some.

As for the invested money, there goes a saying "invest what you can afford to lose", so I'm sure many has taken that advise by heart.

[electronicash]

the fud starts again. bears could be coming indeed so just be prepare to turn your coins to stablecoin. US citizens are trapped however because Biden suggested 10KUSD has to be reported for its subject to tax. so much to speculate in crypto we are just not sure where things will go because if FED is panicking to regulate the rise of cryptocurrency, they are also printing a lot of money.

[proudhon]

Yes, a winter of 2-3 years is coming, if you don't believe this you will lose all your money, you need to understand how to play this game, holding is just a good idea if you really don't care about the invested money.

Bears are in control.

Bears are in control, but you're too bullish. The winter will last forever, there will never be a recovery.

[rahmatrf331]

Yes, a winter of 2-3 years is coming, if you don't believe this you will lose all your money, you need to understand how to play this game, holding is just a good idea if you really don't care about the invested money.

Bears are in control.

this winter feels like yesterday. This winter will pass and it probably won't be for a long time. let's invest according to suitable crops this winter, so that there will be fruit that will be harvested in the future.

Don't be a fool when winter comes and don't be surprised when the harvest time comes, get ready to harvest lots of fruit when the harvest time comes.

[adaseb]

If it recovers quick like in March 2020, then its possible to go to a new ATH however this drop was over 50% from ATH, it was huge. And many people got liquidated and most likely left the market. Generally everybody was waiting for a dip, so there should of been enough buyers to prevent it from dropping below $50K let alone $40K all the way to $30K.

If we chop around for the next few weeks instead of gaining a large percentage everyday. Then I think its safe to assume that $65K was the top. Things were getting out of control especially with Doge going to $1 almost and all those people making crazy gains of those doge coin copy cats that Vitalik ended up donating to Covid19 relief fund. Way too many people were making way too much money,.

[buwaytress]

Actually, you don't lose money in winter. Certainly not ALL your money. You lose it following the last bits of a bull run expecting to cash out at the tail, not knowing you got in at the tail. Besides, if you're an accumulator and investor, you simply wait for the next rally, that's all.

Speculators win at all times, arguably even more in winter. Until they lose, that is.

[Obito]

Bears are in control, but you're too bullish. The winter will last forever, there will never be a recovery.

Can you prove that this market winter is going to last forever? Aren't you the FUDster who can prove that bitcoin is going to go down scientifically? But the problem is that I don't see you putting evidence of your claims, please stop using science as scapegoat for your FUD if you don't have any evidence, you should know that evidence relies heavily on evidence to be proven true.

[TastyChillySauce00]

you only lose your money if you sell, as the yearly cycle have reflected even if the price go down so much it will eventually go back up again, but you can't be really sure whether the market gonna turns bearish or instead continue to be bullish.
we all know that none of us actually know what's really gonna happen in the future since it seems using TA isn't couldn'y really help us predict the price but i'm sure it's just gonna do sideways around $38K to $41K for a long time, maybe we're already at the bottom of bearish or not who knows right?

[Kong Hey Pakboy]

you only lose your money if you sell, as the yearly cycle have reflected even if the price go down so much it will eventually go back up again, but you can't be really sure whether the market gonna turns bearish or instead continue to be bullish.

That's right, but not everyone is going to be able to do that because some of them are using bitcoin as a way to earn a living and they can't afford to hodl it for too long because they have short-term goals maybe if we are all flexible in terms of our goal, we might be able to last in this winter.

[davis196]

Yes, a winter of 2-3 years is coming, if you don't believe this you will lose all your money, you need to understand how to play this game, holding is just a good idea if you really don't care about the invested money.

Bears are in control.

I wouldn't call the current situation on the crypto markets "winter".I don't believe that the price will return to the 64K ATH anytime soon,but a price between 35K and 45K is OK for me.
Crypto winter will truly come when the Bitcoin price drops below 10K USD.I don't see this coming,but there's a small possibility that it will come.You never know what will happen on the crypto markets.
3 weeks ago,everything was FOMO,now everything is FUD.Maybe we will get back to a FOMO phase after a while.

[stompix]

the fud starts again.

When I see people screaming FUD, nothing is bad, we're in a bull run that's for me the perfect indicator we're running out of steam in a bull period. The more people try to label everything as FUD the more it's clear they're are panicking themselves and are trying to dismiss every aspect from the start.

I've seen this before, nothing bad can happen to BTC, everything is good for BTC, people selling means only strong hand are holding coins, despite the fact that just a few days ago we were talking about bitcoin getting mainstream, the price going down is also good, it means we're not in a bubble anymore, we're already at the bottom, how can it don't be good to lose 50% of a value in one night! This constant denial is clearly showing how the trust in the current situation is eroding.

you only lose your money if you sell

So let me get this right, if
a) I have 1 BTC and the price drops from 50k to 20k I don't lose money because I didn't sell, and my stash is still intact 1btc=1btc
b) I have $100k in the bank and inflation if making those $ worth enough to buy a VW Jetta rather than an E-class, I will not lose anything because I still keep my money in $, and I will still have $100k even 50 years from now when that's the price of a soda can

[Reid]

2-3 years is just too much.
It already recovered a bit from the dump that recently happened. I don't think it will be that long before it goes back to a $50k line.
With so many investors looking forward to entering the market for a cheaper price it will be a short span.
So if you find a window to purchase then go for it. I doubt there will be a high chance for it to be dumped in a lengthy period.

[Lucius]

Yes, a winter of 2-3 years is coming...

Of course winter is coming, we have 4 seasons in the Northern Hemisphere and winter is one of them - but winter always comes after autumn, not before summer. Consequently, announcing a crypto winter just because we had a big price correction is completely wrong, since until a few days ago we talked about how the bull run will continue in the second part of the year and that it could have its peak in Q4.

It's amazing how easy it is to manipulate people and convince them that they will lose their money if they don't sell - and all those who have sold and failed to buy have already been manipulated. Yes, winter is coming - but only in the minds of those who blindly believe the garbage that is served to them every day through mainstream media and social networks - so prepare your virtual snow shovels to try to dig yourself out of all that garbage that will fall on you.

[rhomelmabini]

Then better to get some woods that may last that timeline before you experience that shivering cold. I happen to read this article https://www.newsbtc.com/news/bitcoin/bitcoin-cycle-comparison-chart-lengthening and I guess it's likely this is the thing that may happen and July my friend is the winter that may shiver you from your disbelief.

Check this recent video too: Bitcoin: Defending A Theory I Do Not Believe In

[thecodebear]

Not a winter. More like a Spring now. Markets got flushed after months of wondering if it will go down and how far. The other day we got the answer. Market feels much refreshed now. No blow-off top, no winter. Accumulation phase begins now. Bitcoin will be pushing new ATHs by late summer or early Fall. Still on target for 100k by end of year.