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Author Topic: Winter is here....  (Read 294 times)
proudhon
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May 21, 2021, 03:11:41 PM
 #21

Bitcoin will be pushing new ATHs by late summer or early Fall. Still on target for 100k by end of year.

There will be no ATHs by late summer or early fall. Bitcoin will never reach 100k.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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May 21, 2021, 04:04:28 PM
 #22

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.
If the bears are coming, then so be it. I will still hold my coins for some time and I will buy more if the price is getting down for deep. I already take my profit before. I am okay with what happened to the market, but I still want to profit from the market to wait for more. I still hope that some altcoins can increase to give me the profit to get the money from the investment.

If we are not selling any coins in the bear trend, we only lose the value of the coin and that value can back increase in the future. But if you sell the coins, that will make you worry if you can not make a profit in the future because you can be late to buy back the coins.

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May 21, 2021, 07:30:25 PM
 #23


If the bears are coming, then so be it. I will still hold my coins for some time and I will buy more if the price is getting down for deep. I already take my profit before. I am okay with what happened to the market, but I still want to profit from the market to wait for more. I still hope that some altcoins can increase to give me the profit to get the money from the investment.

If we are not selling any coins in the bear trend, we only lose the value of the coin and that value can back increase in the future. But if you sell the coins, that will make you worry if you can not make a profit in the future because you can be late to buy back the coins.
This kind of situation will really test our mentality as traders, because in this bearish market condition, not a few traders experience panic and do Cut Loses (CL) to minimize losses, even though if you think about doing CL, it will worsen market conditions because the selling volume that occurs is getting higher, from the experience so far, when the price of bitcoin or crypto is falling, of course the whale will collect a large amount of bitcoin and will most likely push the price back up, and like you, I prefer to keep my assets on the exchange instead of having to CL and suffer a number of losses, because I am very confident that the bulls will come again.

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May 22, 2021, 01:56:33 AM
 #24


If the bears are coming, then so be it. I will still hold my coins for some time and I will buy more if the price is getting down for deep. I already take my profit before. I am okay with what happened to the market, but I still want to profit from the market to wait for more. I still hope that some altcoins can increase to give me the profit to get the money from the investment.

If we are not selling any coins in the bear trend, we only lose the value of the coin and that value can back increase in the future. But if you sell the coins, that will make you worry if you can not make a profit in the future because you can be late to buy back the coins.
This kind of situation will really test our mentality as traders, because in this bearish market condition, not a few traders experience panic and do Cut Loses (CL) to minimize losses, even though if you think about doing CL, it will worsen market conditions because the selling volume that occurs is getting higher, from the experience so far, when the price of bitcoin or crypto is falling, of course the whale will collect a large amount of bitcoin and will most likely push the price back up, and like you, I prefer to keep my assets on the exchange instead of having to CL and suffer a number of losses, because I am very confident that the bulls will come again.
That happens to some of my friends who can not hold their coins, even we already tell them not to selling their coins. I admitted that the reason why they do that is that they need to make money from trading. Some of them use limited money and they need to survive from trading and they think fast to cut losses before the losses become bigger.

The crypto market will be back like before and we only need to be patient. The whales themselves try to accumulate more amount by buying the coin at a low price and that is their benefits because they have a lot of money that various potential coins can buy.

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May 22, 2021, 04:24:46 AM
 #25


If the bears are coming, then so be it. I will still hold my coins for some time and I will buy more if the price is getting down for deep. I already take my profit before. I am okay with what happened to the market, but I still want to profit from the market to wait for more. I still hope that some altcoins can increase to give me the profit to get the money from the investment.

If we are not selling any coins in the bear trend, we only lose the value of the coin and that value can back increase in the future. But if you sell the coins, that will make you worry if you can not make a profit in the future because you can be late to buy back the coins.
This kind of situation will really test our mentality as traders, because in this bearish market condition, not a few traders experience panic and do Cut Loses (CL) to minimize losses, even though if you think about doing CL, it will worsen market conditions because the selling volume that occurs is getting higher, from the experience so far, when the price of bitcoin or crypto is falling, of course the whale will collect a large amount of bitcoin and will most likely push the price back up, and like you, I prefer to keep my assets on the exchange instead of having to CL and suffer a number of losses, because I am very confident that the bulls will come again.
That happens to some of my friends who can not hold their coins, even we already tell them not to selling their coins. I admitted that the reason why they do that is that they need to make money from trading. Some of them use limited money and they need to survive from trading and they think fast to cut losses before the losses become bigger.

The crypto market will be back like before and we only need to be patient. The whales themselves try to accumulate more amount by buying the coin at a low price and that is their benefits because they have a lot of money that various potential coins can buy.

History repeats itself.  Starting in the mid 90s day trading became a big thing.  Many went broke, some killed themselves, some killed other and then killed themselves.
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May 22, 2021, 09:53:52 AM
 #26

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.
a good time for bullish will always come when its the right time and yes during winter sometimes it occurs and no one can stop that.. And for sure only those greedy hodler cannot retain the righ time to enter again because they already out of the business wherein better luck next time for them.. Lol  indeed during winter there's always a good improvement in the crypto market,, so expect after this hard fall it will jump to the next level like what's always happened.
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May 23, 2021, 06:01:21 AM
 #27

Bitcoin will be pushing new ATHs by late summer or early Fall. Still on target for 100k by end of year.

There will be no ATHs by late summer or early fall. Bitcoin will never reach 100k.

Haven't you said that already, like ... countless times? What makes you think that you will be the correct (this time)?

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May 24, 2021, 04:21:02 PM
 #28

Starting in the mid 90s day trading became a big thing.  Many went broke, some killed themselves, some killed other and then killed themselves.
I really do not believe that to be that much true. I mean yeah there were some people who commit suicide, even during this fall there were a few that I heard, but people are forgetting the number versus the total number. There must be millions of people who lost money and under 10 people who killed themselves, that is not really a bad number if you ask me in a bad situation. Sure we would rather have that number to zero but crypto can't be considered the cause or even the problem here, there are millions that do not kill themselves maybe the people who did should be checked a bit more carefully.

One I heard was a real estate agent who sold a house of someone's, and instead of transferring the money he put it on leverage so he could make a quick buck before he transferred and got liquidated so he killed himself, does that really feel like a crypto problem? Or a greed problem instead?

proudhon
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May 24, 2021, 05:22:41 PM
 #29

Bitcoin will be pushing new ATHs by late summer or early Fall. Still on target for 100k by end of year.

There will be no ATHs by late summer or early fall. Bitcoin will never reach 100k.

Haven't you said that already, like ... countless times? What makes you think that you will be the correct (this time)?


My model has been updated and uses perfect math and science plus only confirmed news sources.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
ene1980
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May 24, 2021, 06:10:32 PM
 #30

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.
You came to a conclusion when there was a correction that the cryptocurrency winter is here and it will take a few years for the market to recover and two days after your conclusion just check the market as everything is recovering which shows that your assumption was wrong and all the market recovered and every coin is in green and some of the coins recovered over 30%.
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May 24, 2021, 08:27:07 PM
 #31

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.
You came to a conclusion when there was a correction that the cryptocurrency winter is here and it will take a few years for the market to recover and two days after your conclusion just check the market as everything is recovering which shows that your assumption was wrong and all the market recovered and every coin is in green and some of the coins recovered over 30%.
You would really be seeing these kind of calls and speculations whenever on whats currently happening or the situation that do happen in the market.We can really see those speculations

that this is the start of the winter (similar to this), bitcoin would head back to 10k or other stuffs related to this which isnt surprising to see these things on times like these

without even realizing the probabilities that the price might really be giving out some recovery after some correction and its not totally the start of the winter
or bear market and yes its true that we are currently seeing some recovery atm.

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May 24, 2021, 10:40:31 PM
 #32

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 do agree that a bear market is due.

However, I don't think that it's a great idea in any mania to even attempt to call the top. With the level of enthusiasm and FOMO in the market, this current correction that everyone is predicting to be the dead cat's bounce could be the next leg up.

But eventually, $50k is way more than what is a long term sustainable price for BTC imho, at least at this stage. Until mainstream institutions (not just Microstrategy and the like) start transacting with BTC, it's likely going to correct down to the $20k neighbourhood and rest at the support there.
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May 24, 2021, 10:51:32 PM
 #33

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 cannot take control until they throw btc below 25k, so don't call it a bearish season yet. Crypto winter is a different matter where all the crypto either goes sideways or more sales happen than buys, which ultimately decrease the price of the token slowly. Crypto winter can take place when all types of investors get out of the markets and don't want to invest, so when they hold their fiat, who will buy crypto? I don't think we have entered the crypto winter yet. Let's watch how the markets react in the upcoming days as it bounced back on Monday, watch it if it holds to it or crash continues.
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May 24, 2021, 11:42:28 PM
 #34

Your thoughts or analysis it is in the temporary gap in which you move and logically based on the history of bitcoin, but the point is that anyone who does Hodl must have an estimated time to make his movement, there are very few people holding that they can make indeterminate hodl.

In any case we are in the "real" price at least from my point of view the "organic" in the strip that expected it from being located for these days $ 35k- $ 45K. But I am one of those who see the Bitcoin ending the year about $ 70K.

In any case you have to buy at the seasonal price "always" is the key to the game, you can not stay still without reinvesting, in fact invest in the 4 seasons, the true Hodler ever have bitcoin at different prices, if you know how to handle that, you always have profits in any winter season or spring, summer...

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May 25, 2021, 12:38:19 AM
 #35

Bitcoin will be pushing new ATHs by late summer or early Fall. Still on target for 100k by end of year.

There will be no ATHs by late summer or early fall. Bitcoin will never reach 100k.

Maths and science says you are wrong...  Kiss

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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May 25, 2021, 02:43:42 AM
 #36

Starting in the mid 90s day trading became a big thing.  Many went broke, some killed themselves, some killed other and then killed themselves.
I really do not believe that to be that much true. I mean yeah there were some people who commit suicide, even during this fall there were a few that I heard, but people are forgetting the number versus the total number. There must be millions of people who lost money and under 10 people who killed themselves, that is not really a bad number if you ask me in a bad situation. Sure we would rather have that number to zero but crypto can't be considered the cause or even the problem here, there are millions that do not kill themselves maybe the people who did should be checked a bit more carefully.

One I heard was a real estate agent who sold a house of someone's, and instead of transferring the money he put it on leverage so he could make a quick buck before he transferred and got liquidated so he killed himself, does that really feel like a crypto problem? Or a greed problem instead?

Read:
A study in England showed that almost 80 percent of day-traders lose money.
https://www.barnettandcompany.com/2020/08/03/party-like-its-1999-the-return-of-day-trading-and-its-impact-on-the-markets/


https://www.financemagnates.com/forex/analysis/new-study-shows-just-how-unprofitable-day-trading-is/#:~:text=Researchers%20found%20that%203%20percent,making%20more%20than%20minimum%20wage
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May 26, 2021, 01:37:18 PM
 #37

Wait till bitcoin goes to $100k-$200k and then we'll see if what follows is a 2-3 year bear cycle. So we haven't reached the top price yet, we are in the sort of mid break bull run similar to 2013.

So if the cycle repeats itself again, we might see bitcoin hitting 6 digits in December 2021 or January 2022. So let's see how it goes, price is now $40k, good bounce back from the $30k'ish couple of days ago.

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May 26, 2021, 03:39:08 PM
 #38

Wait till bitcoin goes to $100k-$200k and then we'll see if what follows is a 2-3 year bear cycle. So we haven't reached the top price yet, we are in the sort of mid break bull run similar to 2013.

So if the cycle repeats itself again, we might see bitcoin hitting 6 digits in December 2021 or January 2022. So let's see how it goes, price is now $40k, good bounce back from the $30k'ish couple of days ago.
We will look in the next few years about the price of bitcoin whether this cycle is similar to the year mentioned or if only the bears are able to control it, but now we know that price can be influenced by time and we can only wait until it reaches its highest level.

$ 100k- $ 200k is a high price if it waits until it is reached then this will shock the world because bitcoin has now reached its peak value, well the question is maybe any big drop we say bears whether this cycle will be the benchmark of history before it or indeed the trend we face?

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May 27, 2021, 05:14:13 AM
 #39

Wait till bitcoin goes to $100k-$200k and then we'll see if what follows is a 2-3 year bear cycle. So we haven't reached the top price yet, we are in the sort of mid break bull run similar to 2013.

So if the cycle repeats itself again, we might see bitcoin hitting 6 digits in December 2021 or January 2022. So let's see how it goes, price is now $40k, good bounce back from the $30k'ish couple of days ago.
We will look in the next few years about the price of bitcoin whether this cycle is similar to the year mentioned or if only the bears are able to control it, but now we know that price can be influenced by time and we can only wait until it reaches its highest level.

$ 100k- $ 200k is a high price if it waits until it is reached then this will shock the world because bitcoin has now reached its peak value, well the question is maybe any big drop we say bears whether this cycle will be the benchmark of history before it or indeed the trend we face?

Prediction at the peak of this bull run is around that ball park number, remember that it's early to call that we are in crypto winter, give at least at the end of the year and see if you are really in bearish trend.

So it's going to be interesting to compare it to 2013, yeah, past events are not guarantee for future success, but that's all we have right now, bitcoin market is fairly young and we are looking at it's past and predict the future. And we knows, if we reach six digit, it will really shock the world but not for those who have been in this game and have seen at least one bullrun/bearish cycle.

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May 27, 2021, 08:35:09 PM
 #40

Bitcoin will be pushing new ATHs by late summer or early Fall. Still on target for 100k by end of year.

There will be no ATHs by late summer or early fall. Bitcoin will never reach 100k.

Haven't you said that already, like ... countless times? What makes you think that you will be the correct (this time)?

My model has been updated and uses perfect math and science plus only confirmed news sources.

It's very hard to believe that. If you use the word "perfect", it should imply that it's infallible, but you're constantly wrong with your predictions. Why is that?
According to these facts, I conclude that your math is not perfect or you are not using it correctly.

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