thecodebear (OP)
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
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Dave1
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May 26, 2021, 05:34:15 AM |
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
Probably if we hit another all time high after a 50% crash. Currently, we are still not there yet, and unless we break $40k barrier and then goes to $50k, then we will see more threads about crypto winter and sell now from those no coiner or perma bull in this community. Although its better to ignore those members (I have 3 already in my list).
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White sugar
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May 26, 2021, 06:32:22 AM |
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break $40k barrier: checked
break $50k and new ath on the way
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Oshosondy
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May 26, 2021, 07:50:33 AM |
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As for me in my opinion, I can not say yet the bull market is not over for now, though not over because bitcoin will still get to $100000 one day, but I am thinking the market may not increase for now, it might be around $30000 to $40000 after the recent bear market that occured. But what I know is that no matter how long this last, the bull run is coming again, people will buy bitcoin and the price will increase. The bear market is even keeping the market healthy, making people to know that because of the fall they need to invest to gain, it is just a correction that will later lead to another all-time-high, all we need to just do is to be patient.
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Poker Player
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May 26, 2021, 08:21:16 AM |
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People don't usually admit that they were wrong.
Even serial killers or child rapists when they get caught. The rapist finds justification in that the child "wanted it", and the murderer, that the victim somehow "deserved it".
In the case you mention, I think that when it becomes clear that we are not in a bear market and the price continues to rise, many forget what they said.
It is seen that our brain has a tendency not to admit that we have wrong beliefs.
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rahmatrf331
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May 26, 2021, 08:23:51 AM |
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
I see all this is just a cycle of time and there is no need to panic about the market crash, because all this is just a cycle of market price correction. You just need to be patient and wait for the market prices to skyrocket again like costs and on the other hand, when winter arrives, that is the time for you to invest.
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cryptomaniac_xxx
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May 26, 2021, 10:33:16 AM |
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break $40k barrier: checked
Not there yet, $40k seems to be rejected again. break $50k and new ath on the way
We have to wait , but if we break $40k and sustained it, high possible that we can slice $50k again and then new all time high next month.
For me, bull market is not over, maybe the bulls are re-assessing the situation before they pour their money again.
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Jating
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May 26, 2021, 10:41:51 AM |
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For perma-bear? I don't think they will admit it to themselves that bitcoin is so big now and successful and no price will change their notion about it, like the old and traditional fart Warren Buffett.
But for those who just love to spread FUD here, who knows, they could be secretly buying in the bear market and then creating useless thread to take about the death of bitcoin. So even if we have a new ATH or reach 6 digits at the end of the year, those people are not going to admit on their mistakes on public.
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Taskford
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May 26, 2021, 12:46:11 PM |
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
We are in situation that manipulations are happening in this space so don't be surprise if people will tell that the bull is over since the market drop happen for last couple of days is so heavy and now since the price is recovering maybe we can say that the bull continue and the short bear season happen is already done.
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jrrsparkles
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May 26, 2021, 12:46:28 PM |
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Bitcoin already back into the 40K but we can't predict that whether the bounce we see was the bullish trend or bearish trend since it can be only observed in the long term, in my opinion we are in the bull market for very long time so even if we entered into the bear market already then its not really big surprise.
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philipma1957
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May 26, 2021, 01:18:51 PM |
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
Moron motherfucking bear bear bear bear asshole pieces of shit. I would ban every one that says we are in a bear market for a week or so. rant over. Now that is how I feel when people say bear too soon. Does it mean I am correct nope but I got it off my chest so hats off to the op. Now are we in a bear market right now no but we are not exactly in a bull run. We are in a valley to the left is a tall mountain called ATH to the right is a deep ravine called bear market. As we walk in the valley for the next 30-60 days we will with slip down the ravine and be in that evil bear market or we will be over 70k with an ATH and back on the bull run. Premature bear calling pisses me off bigly. So fuck the bears.
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hugeblack
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May 26, 2021, 02:24:53 PM |
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FOMO and FUD control newbie emotions. they have weak hands unlike older investors who have diamond hands. We cannot blame them because many of them came to the market for purely economic reasons. Therefore, the fluctuations seem very annoying and need people who understand the nature of the market and the type of risks associated with it. I also believe that the algorithms in social networks affect decision-making, so it is better to stop following them when you want to make a decision to buy or sell.
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proudhon
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May 26, 2021, 02:32:17 PM |
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We're not wrong though
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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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Gozie51
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May 26, 2021, 02:38:22 PM |
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The bull may not be volatile just this few months even when price movement looking like a recovery. The investors are still tasting and scared of going in but want to hodl and expect that they recover from the deep in losses they have in the portfolio. This may keep happening until the confidence returns back to the market. I'm expecting more bull towards the fourth quarter of the year and by then , another ATH may happen.
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buwaytress
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May 26, 2021, 03:17:55 PM |
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Probably about the same amount of time it took for all those crypto fund owners and master traders took to admit they were wrong when they said 2017 was just beginning and $100k was merely a future footnote en route to McAfee's $1 million grand ambition.
Oh yeah, most never came back to say they were wrong, until people said it for them and they admitted it.
Either way, I hope they don't suddenly keep quiet now, these bear market pundits. If they go away I can't keep accumulating =(
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rhodelmabanal
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May 26, 2021, 07:27:52 PM |
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
Well everyone has thier own speculation about the price and how far it could rise or fall. But the truth is everything is just an speculation and they cannot really predict the price or the market situation in the next days,weeks,years, or even a decades, So it really depends on us if we believe on thier thoughts I have my own sights and i believe that btc will reach 100k$ at the end of year 2021.
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sana54210
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May 26, 2021, 07:40:49 PM |
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For perma-bear? I don't think they will admit it to themselves that bitcoin is so big now and successful and no price will change their notion about it, like the old and traditional fart Warren Buffett.
But for those who just love to spread FUD here, who knows, they could be secretly buying in the bear market and then creating useless thread to take about the death of bitcoin. So even if we have a new ATH or reach 6 digits at the end of the year, those people are not going to admit on their mistakes on public.
That is why I think there is a good chance that we do not end up with any FUD and that is why the price will not drop that much in the future. Check the recovery right now and you can see that people who are making a bad FUD right now all are people who do not end up being right they are going to end up being wrong, in fact they are already wrong. This is why I am not worried, warren buffet can say whatever he wants, Elon Musk can say whatever he wants, people here can say whatever they want, there is really nothing that they can say whatever they want and it will not impact. People who "talk" do not matter because they do not really change anything, only people that change anything are people who uses their money and they are spending their money on buying bitcoin, that is what it all matters.
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Oilacris
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May 26, 2021, 09:48:28 PM |
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
This is something that can be forcely changed up because people will eventually realize on things basing up on what they are currently seeing and i dont see any sense on why would forcibly making those people look the other way around if we can just mind our own business and make our own step for us to make money.We do have different inputs and perceptive towards the market and just let those people see on what they are currently experiencing because we would realized things up that we were wrong.
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Silberman
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May 26, 2021, 10:00:35 PM |
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
It will take some time for those people to realize their mistake, I really think the majority of the people that are thinking something like this are investors that are relatively new to the market and that have never experimented a drop like that before, even if they know intellectually that this has happened in the past it is completely different to see something like this on a chart and another to actually go through it, but once the market begins to recover and they begin to see things are not as bad as they thought they were then they will quickly change their mind.
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Hypnosis00
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May 26, 2021, 10:28:25 PM |
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Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
Actually, these people are just playing their minds. They tried to manipulate their own and themselves believe that the market is already in the bear season. Okay, let's say that these people are premature and they only realize once they become mature...that it takes so long, I don't know. Until such a time that there is no criteria or chart to know if we are either in the bull or bear season some people might blindly see it and think in a different way. Have someone could show it? coz I'd never found it, maybe other members here have already seen it.
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