Speculators : Bitcoins is up now 21k buy buy buy ! but...

[Lambe Ndumble]

without any motivation from speculators bitcoin will skyrocket naturally, this is a natural factor that occurs due to demand and stock, it is impossible for people to miss the opportunity to buy at prices below $20k like now, moreover the potential for bitcoin is very large to rise soon.

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[sayaya17]

just a single negative news will wipe out everything that we work, so from $22k to $18k because of the CPI report. And then we close the month just a shy above $20k. We have been trying to break $25k and yet we always failed because when the price is on a rally, suddenly one FUD will pop out, stopping our momentum.

So now we will enter a new month, and historically this is not a good month in a bear cycle. So I'm not seeing the price going higher than $22k and it could be another sideways for the rest of the month.

For a weak coin maybe, because investors of those coins are mostly people with weak hands but for stronger coins, I don't believe they can be wiped out easily only by just a single negative news but in fact supporters of those coins are excited as they know that some weak hands will panic sell and they will just acquire those sold bitcoins for a cheaper cost.

I can't remember that there is a fud last time by the time btc is raging up to $25k but what can I only see is the excitement of the people which leads for some to continue buying but unfortunately that isn't enough to push the price up to $25k and beyond. October might be a bad month for you but $22k is not hard IMO. It is still possible for btc to get there.

The popularity of Bitcoin is now very high, so many people are familiar with Bitcoin. In fact, many investors have realized the importance of
holding Bitcoin until the bull market comes if they want to make big profits. So I believe any bad news that emerges will not affect Bitcoin's
performance too much. As you said only weak hands will panic and sell Bitcoin at low prices. While people who are experienced in
the crypto world as well as people who study Bitcoin well, I believe they will be optimistic about the future of Bitcoin.

Although Bitcoin has always failed to rise above $25k, and historically October has not been a good month for Bitcoin. This does not mean that
we are pessimistic about the movement of Bitcoin, we have to remember that Bitcoin has a high demand,  and also the movement of Bitcoin is
difficult to predict. So there is a possibility that the Bitcoin price will go up in October, so I hope we stay optimistic. But if the Bitcoin price is
sideaway this month, we don't have to be disappointed, because indeed to generate large profits from Bitcoin we have to be patient holding Bitcoin
in the long term.

[Slow death]

when I see a thread with that title and then I look at the current price, honestly it makes me iri a little, I know you shouldn't laugh at other people's misfortune, but it's that there are advices that we shouldn't give to other people, let's imagine that there were many people who bought bitcoin with the price above 21000$ because they listened to the OP's advice? today the price is at 19000$ and no doubt that someone who bought at 21000$ today must be feeling pain, and if they don't have more money to buy more bitcoin at this price of 19000$, that person is forced to have to wait for the the price arrives and more than 21000$ to make a profit, it's an irritating situation, I know that for those who do hodl for years, you may not feel any discomfort at the drop in price

[Vinaa77]

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

What does ponzi, scam have to do with a bear market?
You cannot associate the bear market occurring in the crypto market with ponzi. Ponzi is a real scam. While bearish is a crypto market condition with a downtrend, because there will be an uptrend called bullish. If you think bearish a scam, then when the bull you will say the fairy is rising. You have to study the history of Bitcoin a lot so that you gain knowledge about Bitcoin.

[CageMabok]

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

What does ponzi, scam have to do with a bear market?
You cannot associate the bear market occurring in the crypto market with ponzi. Ponzi is a real scam. While bearish is a crypto market condition with a downtrend, because there will be an uptrend called bullish.
If you think bearish a scam, then when the bull you will say the fairy is rising.
You have to study the history of Bitcoin a lot so that you gain knowledge about Bitcoin.

Seems like the OP's thinking is still so limited that it's so easy to link three different things for an obscure purpose. Even though the current price decline in Bitcoin is normal and has also happened in the past and has increased again after the completion of the bearish period. As for the Ponzi issue and the Scam problem, they are two different things that also happen to certain places or programs whose origins are not clear.