are we going to have "fear" months?

[BrewMaster]

one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.

i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).

do you think January and possibly February could be the Fearuary months?

[1714703808]

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[1714703808]

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[1714703808]

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[mk4]

Possibly. There's so much fear right now already but I don't think it has peaked yet. (though I'm not saying that it necessarily needs to peak). Idunno, past bottoms even had me shitting myself despite me bullish on bitcoin for the long term; whereas right now I'm still pretty comfy lol. I just have a very slightly uneasy feeling in a trading sense. I mean, the lack of significant bounce is slightly worrying.

As for buying dips, I'm probably not going to go big right now just yet; though I'm dipping my feet in, just in case if this ends up being a short-mid term bottom.

Note: definitely not a "pro" trader

[suchmoon]

For a forum heavily populated with relentless Bitcoin bulls, we're surprisingly easily spooked.

Forget months, I hope that we'll get another 2014-16-style years-long depression. Miner's paradise. This time I'll keep most of it, I promise.

[mk4]

For a forum heavily populated with relentless Bitcoin bulls, we're surprisingly easily spooked.

Forget months, I hope that we'll get another 2014-16-style years-long depression. Miner's paradise. This time I'll keep most of it, I promise.

Let's not forget that like a huge chunk of people here are just here solely to make money off campaigns though; and barely even know anything about Bitcoin(hence easily spooked). I wouldn't even be surprised if most of them just automatically cash out after every payment received. 🤷

[BrewMaster]

As for buying dips, I'm probably not going to go big right now just yet; though I'm dipping my feet in, just in case if this ends up being a short-mid term bottom.

this is why i'm trying to assess the situation and come up with a better plan. if i see more panic in the market i would wait for a better price to buy the dip but if the well dries up i would have to jump in faster.
this has always been the reason why i LOVE panic sellers

[Charles-Tim]

this has always been the reason why i LOVE panic sellers

But do not let us forget that you can have strategic investment regimen. For example, investing more as the price is continuously decreasing, so when the price start to increase it will be a profitable investment strategy. It can be more of bears for now but I am not certain, but we are certain that the bulls will again at a time make bitcoin uptrends to all-time-high, but what is needed is time.

[jrrsparkles]

one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.

i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).

do you think January and possibly February could be the Fearuary months?

I can see that Fudsters started their campaign about Bitcoin is going to lose its value so eventually people will start selling once it reaches below 39,999 because that is a psychological number to induce in people's mind that we entered into 30K region even if we are just one dollar below from 40K. The bearish trend may follow after this and then everything will starts from the beginning.

[OgNasty]

one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.

i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).

do you think January and possibly February could be the Fearuary months?

Fear months can turn into fear years pretty quickly.  If history is any guide we could be in for 40 months of fear as the jump from $4K to $70K unwinds itself.  Sure, there's always outside factors, but if you're taking a long time view of the market I think having some caution here and making sure you aren't invested with money you can't afford to lose is probably a good idea.  If you've been eating ramen and stacking sats for the last 3 years, maybe it's time to sell a little and buy yourself a steak dinner.  Had I told you a year ago that Bitcoin would be over $40K today you probably would have smiled, so my advice is to smile.

[LFC_Bitcoin]

For a forum heavily populated with relentless Bitcoin bulls, we're surprisingly easily spooked.

Forget months, I hope that we'll get another 2014-16-style years-long depression. Miner's paradise. This time I'll keep most of it, I promise.

The ones panicking are the people who are over exposed to bitcoin or the late comers who haven’t been through a bear market before. I sold pretty much nothing from 2014 to Q3 2021. In 2018 I thought my life was over, full of regret & panic but I still sold nothing. I learnt from that mistake & sold 25% between 53.8k & 65k, I am prepared for all outcomes now, feels good.

I think everybody needs to feel like I did in 2018 & 2019 so they get experience to do it right in future cycles.

[Johnyz]

Fears and panicking are really expected when the price drops, so technically we might see more dramas in the market which can cost for a big price drop again. Well, this could be an opportunity to buy again just wait for the good signal before you buy. If you’re here in the market years before this drop, you should know what to do on this kind of situation, buy more.

[dunfida]

one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.

i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).

do you think January and possibly February could be the Fearuary months?

Any months on a certain year could be possibly those fear months you do say because nothing is totally assured for such reason on why it had dropped on this way.If you've been on this market then
you wouldnt freak out which those common noobs would actually do.

Some might be seeing that these drops are good opportunities to buy but there are people who do go into the opposite way and telling that this is the end of crypto.

Deal with it because we cant really just have a market that would only focus on going up.

[Rengga Jati]

We can't deny that we are exactly here, in the fear months where there are so many people who are triggered and influenced of the fears spreading. that is not only because of the new existence of new variant (I am sure that there will be other variants again and again and this likely will never stop, let's a list).
People who concern with BTC price seems also to be very panicked about this current market situation. It has broken the support nad moreover some FUDs are also still spreading, some people also predict about the next support of reaching to drop again.
Well, this is normal that many people will be influenced by the FUD and become panicked enough.

....so why its big deal now where corrections are very normal with Bitcoin? The price will recover again and those who panic and sell, will regret it again.

If all or most people can think clearly about this, this current market will not mean many things. But sadly, many people (especially beginners( have been influenced and they are so afraid fo the market, think about Bitcoin bearish and will not rise up again.

[aoluain]

For a forum heavily populated with relentless Bitcoin bulls, we're surprisingly easily spooked.

Forget months, I hope that we'll get another 2014-16-style years-long depression. Miner's paradise. This time I'll keep most of it, I promise.

The ones panicking are the people who are over exposed to bitcoin or the late comers who haven’t been through a bear market before. I sold pretty much nothing from 2014 to Q3 2021. In 2018 I thought my life was over, full of regret & panic but I still sold nothing. I learnt from that mistake & sold 25% between 53.8k & 65k, I am prepared for all outcomes now, feels good.

I think everybody needs to feel like I did in 2018 & 2019 so they get experience to do it right in future cycles.

Yea I agree, Bitcoin market related Fear needs to be experienced and after going through
it further fear events will be easily handled.

I'm not worried by this latest downturn, it gives me a chance to buy back some Satoshi's
which I had to sell in December, now I'm buying more Satoshi's for the same FIAT, its great.
I can do this in the belief that long term everything wil be just fine.

I heard a interesting interview on the radio today with a computer scientist about this current
downturn, He put it down partly to the unrest in Kazakhstan and how the internet was suspended
there from all the riots, this effected mining and mining is very popular there since China became
very unfriendly to Bitcoin last year.

Here is a related article > https://www.newscientist.com/article/2303666-kazakhstan-unrest-takes-down-a-fifth-of-global-bitcoin-mining-network/

Of course this is only temporary, a lot of people cannot see that.

[GreatArkansas]

If you take a look at this data and historical values, now is the extremely lowest value of the Fear & Greed Index of Bitcoin since last month which is 29.
This time, I remember way back in 2018 January (exclude alt season), after the peak, Bitcoin started to dump. I believe that next month could be the best the bounce month or like pullback after this dumps started on the month of January.

[STT]

Omnicrom is a bad flu, any normal year I'd say terrible but in contrast to the more lethal prior variants Im almost willing to say its a slight positive.   Still markets will naturally pull back from the highs and Dollar index is higher now then its been for a while, there is fear overall.   However DXY is not beating the highs of July 2020 so I'm not that apprehensive bigger picture, we are talking about speculative moves.

Right now I'm looking for a bounce back upwards.   The rejection of highs is what indicates future lows, we havent yet tested that yet so dont be quite so negative in this exact moment is my take.   See if we can beat the 2 day average we are close to

[traderethereum]

Let it be like that.
We saw that happen many times before, so we do not have to fear if the market is still dropping, even to the lowest price.
That will be our discount time to buy as much bitcoin as possible.
Hopefully, Omicron is not too dangerous as the previous virus as we already get vaccinated and I guess the government will ask us to have a booster vaccine later.
The price could be down to $30k if more people still panic and can not hold their emotions.
Maybe we will see that happen this January and February since the Chinese New Year will come soon, making people sell some of their assets to celebrate it.

[pinggoki]

For a forum heavily populated with relentless Bitcoin bulls, we're surprisingly easily spooked.

Forget months, I hope that we'll get another 2014-16-style years-long depression. Miner's paradise. This time I'll keep most of it, I promise.

That's cause they're bulls, that's why they're easily spooked. I don't know why they're easily spooked though, especially those that have been in market for a long time already, kind of feels like there's not a lot of people that have learned to be patient and that this pace will be eventually outgrown because it's happened some time in the past.

[Kemarit]

Well it looks like we are going to be like that, however, for those who have been in the market and seen the ups and downs in 2017 and the eventually crypto winter after that, no need to panic and hopefully they learn their lessons to that long and bearish trend.

So personally, if the bears come early then we can't really stop it, but what we can do is to continue to accumulate as much as we can and have the mental toughness to HODL and then wait for another bull run.

[rhomelmabini]

Not gonna speculate but I don't think it's always to stay in constant as there are no permanent thing except change. Still staying on the sidelines is probably the best move I could ever think right now, probably the bestest.

I don't know if we gonna go back to 20k level once again but my stablecoin portfolio is always waiting to get some cheaper bitcoins and other favorite top alts.

[Dave1]

We can't categorically call if 'fear' months, maybe we can see occasional dumps along the way.

But I do believed that there are smart investors or at least those who have matured enough to take advantage of this dumping and buy bitcoin at a cheap price to at least halt the incoming dumps.

Just a question on what will be the best price to enter amidst the selling pressure.