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Author Topic: 2017 Vs 2021  (Read 580 times)
cryptomaniac_xxx
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November 06, 2021, 07:36:45 PM
 #21

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

The thing with crypto though is that the market is very young, we are just relying in a data that is like only 10 years old.

And with that small data, the only conclusion we have is that the market works in cycle, every 4 years, and it will be followed by a long bearish crypto winter.

That's why many are predicting that after the super bullish run we have last year and hopefully this December, sooner or later a bear market will reappear in the early quarter of 2022. There's nothing wrong with preparing ourselves for the eventually.
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November 06, 2021, 08:09:29 PM
 #22

No one really knows what will happen. Elephants are kicking and mice are following the elephants. In short, whatever the elephants say, the market will move in that direction. But according to what people say and if what they say is true, a magnificent rise is expected like December. There are rumors that such a rise has never been seen before. As I said, these are all rumors, but we will watch and see what happens.
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November 06, 2021, 09:07:44 PM
 #23

There's certainly a cycle in the market for cryptocurrencies, but no one really knows the timing of it. Like the majority, I think there will be a bear season in the first quarter of 2022. In fact, this season lasted even longer because the corrections took a long time. Everything happened so fast in 2017. Everyone should have an exit strategy.

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November 07, 2021, 12:23:43 PM
 #24

according to the cycle repeat chart we are now very close to the top with another +25% ahead of us and then we'll see a down/side trend until 2024.
(see here: https://stats.buybitcoinworldwide.com/cycle-repeat/)

I don't think that history will repeat like this exactly. We might see a few more months of bull market, but towards the second half of 2022 the cycle will probably end...
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November 07, 2021, 12:34:16 PM
 #25

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

From what I’ve understand about the bull cycle of 2017, the market isn’t matured that time and it’s more on the ICO (initial coin offering) hype. Although I am still thankful of the big bull run last 2017 (especially that it’s the glory days of airdrops and bounty programs), the following year was a disaster due to uncertainty and more bad news from the regulators.

The 2021 bull run for me was healthier this time because more institutions are investing into cryptcurrencies, Paypal adding cryptocurrencies, El Salvador made Bitcoin a legal tender, etc.

I don’t know what the future holds for the following year, but I believe the crypto market has already matured than before. But always expect the unexpected. Just be prepared guys!

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November 07, 2021, 04:15:40 PM
 #26

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time
it seems that what happened in 2017 has started to differ from the predictions that occurred in 2021, because at the end of October it should have increased in the range of 47.81%, it could only be achieved in the range of 39.93%, it is clear that there is a decrease not an increase compared to 2017. This is certainly a prediction that is beyond expectations. expected and awaited.

is it possible in november will be achieved? Of course we have to see again at the end of the month. in 2017 an increase in the range of 53.48%. but at the beginning of November, there were minuses, not positives. so it seems that if you want there to be a good movement then bitcoin will need a push to be able to reach the same target as 2017. is it possible to happen? it's hard to guess because the trend of bitcoin's increase seems to have started to object.

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November 07, 2021, 05:03:51 PM
 #27

Since nobody can predict what will happen in the next few weeks and months, but if we follow what majority are saying, November is a bullish month in crypto and particularly this November is very bullish (according to some source so if this is going to be the case, it is better to get prepared than to be left behind,
From now till q1 2022 things can go either ways, but I feel before the bear market comes, the market will go up. In any case am prepared for either one.

Well that's true. Nobody can predict crypto market behavior for coming week or month, there are only rumors and speculations. 2017 bull run lasted for few weeks only while 2021 bull run continuous for almost a year. So we cant compare 2017 with 2021 at first. Seeing the stability in price of BTC it seems like coming month of Dec will also be bullish. But we need to keep one-thing in mind that market always take correction after massive bull run, so be prepared for that correction and plan accordingly.   
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November 08, 2021, 12:28:37 AM
 #28

The truth could not make a comparison of 2021 with 2017, the reason is simple, in 2017 we were not in a pandemic, nor was so many job options closed in the world, nor was there a confinement that did not allow the development of many things, also the Circumstances unrelated to the pandemic in 2017 were very different from 2021, it could be said that the year 2021 is developing very differently from 2017, in 2017 the altcoin season was already active, meanwhile it is currently unknown if it will be activated or not , also investors in 2017 for BTC are not the same as for 2021, this time investors are doing things very differently.

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November 08, 2021, 02:29:27 AM
 #29

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017?
We may expect the different thing to happen. So many things have been changed in crypto since 2017 like massive bought by institutional investors and legal tender by several countries for bitcoin. That makes bitcoin very strong right now. There are lots of people have been speculating the price of crypto to go to the bottom again but it was not happening. Their prediction to think that if these days have gone since last quarter but they are predicting something that is unpredictable. The market has been getting even better since el Salvador was announcing to make bitcoin as legal tender and that gives very big exposure to the big companies. The major company like facbook was also going for metaverse.
There will be more and more companies will think if they should not have missed the best chance to join in the trend. 2022 will become a big year for crypto. More and more people adopting crypto at the same time.

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November 08, 2021, 03:44:47 AM
 #30

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time
Everything is just a prediction and many believe that history will repeat itself but it will not be exactly the same, especially in crypto there will always be many predictions either because they see the movement or because they see the development of the many large institutions that are starting to adopt crypto. The bull run will always depend on BTC price for BTC miners will getting less and less rewards so the predictions say the price will soar.

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November 08, 2021, 05:26:21 AM
 #31

well, i even think that the potential of bitcoin or crypto in 2017. i even think that the development potential of crypto nowadays is much bigger. the thing that makes me think that way is what's behind bitcoin at the moment. many big investors and even the state have started to recognize it. although so far I'm just preparing altcoins and waiting for it to pump. however, I think that the price will be getting higher every day due to new adoption from big people, or big companies in the world.

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November 08, 2021, 06:02:17 AM
 #32

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022 if there is anything that have surprised me since stock was a thing in my life it's cryptocurrency, things might work out differently this time

The situation is very different from 2017, here's what you should know. this year and next year will be very different from previous years. the bulls will still continue, so the first quarter of next year is not the end of the current trend. many experts predict that next year will remain the year for crypto. The nft hype will be the one that will have an influence on the market trend. This is the difference compared to the previous year.
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November 08, 2021, 07:02:23 AM
 #33

Yes, we always expect 2017 to be back this year, even better. Of course bearish will come back, it could happen in early 2022. However, there has not been seen something that makes a sign of a bearish market soon to arrive. Before that happens, this is a great time for many to make a profit from a positive market.

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November 08, 2021, 07:27:43 AM
 #34

November is always a bullish month for crypto space but don't judge this year with 2017 charts cos I believe all eye are on crypto right now, way different from that of 2017, now we have more people that have more understanding about crypto, in fact I believe that this bull season will last longer

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November 08, 2021, 04:33:22 PM
Merited by The Sceptical Chymist (1)
 #35

For all those preparing for the last bull run cycle what makes you think that things will work out exactly as that of 2017? Many are expecting bear market in 1st quarter of 2022
For starters, I'm one of those few who are expecting a serious dip at the end of first quarters of 2022. But that dip won't be for Bitcoin, it's for alts. I expect Bitcoin to start its dip in December of 2021, going be the antecedent of 2017. However, I know this incoming bear run of 2022 won't be anything close to what we experienced in 2017 because cryptocurrencies now have institutional investors. The panic sell won't be like individuals selling off. Institutions always have a long term frame when it comes to investments. If their planned sell off isn't for 2022, the institutions won't sell and that will help cushion the effect of mad rush for dump. BTW, didn't anyone notice that the total marketcap of cryptos according to data from Coingecko just got over $3 trillion today?

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November 08, 2021, 04:35:43 PM
 #36

2021 is nothing like 2017 in terms of trading volumes and prices. Now the bubble has inflated much more, the growth is bigger, and the market will fall much harder.

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November 08, 2021, 04:49:47 PM
 #37

Given the various opinions I have seen and the analyzes I read and follow on a daily basis, I can say that this bullish wave will be the last before the bears come and we will not see another bullish wave for about 3 years, but there is something that makes me think that maybe the cycle will be different this time from the previous ones, Many factors and variables entered the Bitcoin market and influence it strongly, and there are other invisible factors as well. All this makes me think that maybe something will happen that will surprise everyone this time. Of course, this is just a feeling and not based on accurate analyzes and information.

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November 08, 2021, 04:58:27 PM
 #38

2021 is going same as 2017. October month chat is same 2017 and also November is same bulish like 2017 and if same history repeat than we can see 100k easily here. And today price show that its going same as 2017 and will break soon ATH

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November 08, 2021, 05:59:46 PM
 #39

Be smart and still plan yourself ahead, it's a must for the market to crash at one point so I won't be betting on the fact that this year bull run is stronger, yes it's stronger but still won't stop bear market from occuring so let's the prepared, be safer than sorry

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November 08, 2021, 06:08:30 PM
 #40

I don't really care whether 2022 will be the same as 2017 or not, but what is certain is that the current bullish effect, especially October and November, will make a good move for crypto because even now bitcoin has almost reached its ath which was predicted by most of it will happen by the end of the year.
on the other hand we are also seeing a surge from altcoins such as bnb which is also close to reaching their ath and eth which is progressing steadily.
I don't really care if they'll be the same when I see something like this but I'm pretty sure something like this will come.

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