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Author Topic: The pump isn't coming sooner  (Read 439 times)
Crypt0Gore (OP)
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November 02, 2022, 07:46:41 AM
 #1

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.

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November 02, 2022, 07:49:15 AM
 #2

We never have "pumps" we only have "pumps AND dumps" which only happens in altcoins. In which case you should not be an "investor" or a "holder" at all because the pumps always come to an end and are replaced by dumps. Wink

Stick to bitcoin alone...

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November 02, 2022, 08:38:31 AM
 #3

You do not have to also make a conclusion because your conclusion might be wrong too. If it comes to bitcoin price, short term guess could be right or wrong, but long term guess that is pointing towards mooning and bullish trends are always right.

If anyone is no more believing in bitcoin that its price will increase, such person is likely a newbie that do not check bitcoin price history because if bitcoin price history is analyzed and known, he should know that the price of bitcoin will pump again.

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November 02, 2022, 12:46:24 PM
 #4

Were you around for previous cycles? You have to be careful about the samples you use when determining if there's fear among investors (you're unlikely to see as much fear around here as you will in places like Twitter and YouTube).

I don't think bitcoin has "died" enough yet though to end the bear market, but what if it doesn't have to? Perhaps not having complete fear will derive greater strength in a rally (though I do think we have further to drop at this point).
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November 02, 2022, 01:05:26 PM
 #5

Your thread is somewhat decent, something something no one knows what will happen. But at the same time you somewhat give the impression that you know better than others lol. In the end, the "pump" may come tomorrow, or next week, or next month, or next year, or in 5 years, etc etc. Only time will tell.

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November 02, 2022, 01:43:27 PM
 #6

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Believing in whatsoever assumption anyone can cook up will only give a depression for an heart attack with investing on bitcoin, thaat is why it is very important to DYOR all by yourself, if you truly know about bitcoin then you will know what you're in for even when others are saying or seing the contrary, if you must get convinced with by a tangible fact then diviving into the history of bitcoin from previous years could give more insight on how it has been falling and rising back in multiple of folds, the experienced bitcoiners have learnt to pay less attention to news and concentrate on their study and research for possible future prediction on the bitcoin chart.
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November 02, 2022, 01:58:00 PM
 #7

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.
Don't get confused brother. We only have two market conditions; the bear and bull seasons. Perhaps, it is a cycle - once the bear season is over, the bull season will take over. However, it was not a simple thing to think about, not even have the chance to know when it comes but we are aware of the halving which will change the direction of the market price. It was believed that every 4-year cycle it will change, as we are in bear season this year, it is likely we wait 4 years from now, and that gonna be 2025 we see the market in bullish again. That is why we have to learn to be patient and of course, to keep positive despite the disturbing price movement.

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November 02, 2022, 03:38:45 PM
 #8

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.

Most of my friends that hop in at the top of the bubbles every 4 years were all out by the time it hit $30K. While it is possible that we may see another leg down before the blast off to the moon, I feel safe saying we’re definitely in an accumulation phase and the smart money is buying BTC here. Historically speaking, this is the time in the cycle when Bitcoin hits bottom, so while I don’t expect history to repeat, it will rhyme. Don’t miss out on accumulating through the bottom year of the market by trying to catch the exact bottom. Stack sats!

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November 02, 2022, 06:52:52 PM
 #9

Because that's their speculation, so no wonder the saying about the bearish is over and the bulls will come because we don't have a crystal ball so we don't know what will happen in the future, but I quite believe the bulls will definitely come don't be bored until that sign have arrived.

I don't think about their assumptions with those words just more confident in my bitcoin holdings don't get tired of waiting for the right time, because pumps and dumps will always happen this has been a cycle I know it's not surprising when something says bitcoin will die, so to me it's bullshit they don't believe in bitcoin.

Don't be bored, hold bitcoin firmly, it will be beautiful in time.

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November 02, 2022, 09:35:05 PM
 #10

The trend can change at any time, but right now bear dominates the whole market and we have to deal with that. It’s ok to get bored as long as you are bot losing the money, bear market is the best time to accumulate and it’s good to do this slowly but surely. Bull will still come, time can tell and we can only be ready for that. Many are still focus on the economic situation of US, that affects the whole crypto market.
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November 02, 2022, 09:40:56 PM
 #11

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

Not sure what thread or posts you are referring to, but it seems newbies are that one saying that crypto bear is over.

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.

But for those who have seen the bear market in 2018-2020, this is very much similar, with few occasional pumps and then the market will nose dive again. We are lucky that the price is still above $20k'ish right now. But in the last couple of days, the market went from $20,500->$20,100. So that is huge dump already.

Market cap losing its $1 Trillion space again as we are down to $989.45B.

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November 02, 2022, 09:44:40 PM
 #12

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.

I'm not sure if we can categorically called the last rally a pump, it's just a couple of thousands of dollars being injected to bitcoin to push it to $21k. But after that, it's selling again and the pressure continues to push it further down. And if by chance this continue because of some negative news, when sub $20k is going to be experience again.

So yeah, no one knows what's coming, we don't have the crystal ball to predict the future.

One thing that we can hold though is the historical cycle of bitcoin, now that we are in the middle of the bear zone, don't expect the price go to up. But be positive and take advantage of the current situation and accumulate cheap BTC.

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November 02, 2022, 11:19:48 PM
 #13

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.
When you do step your foot into this market then these are the points you should be always minding on.

1. Dont make yourself get affected on whatever people around been telling.
2. True holder doesnt really gets bored.
3. Bear or Bull, no one  really knows on what would happen next.
4. You should bare in mind that market is always been unpredictable and totally random.

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November 02, 2022, 11:59:46 PM
 #14

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.

I don't know what is meant by you when you use the word "Sooner".

Even if it takes 2-3 years for the next bitcoin pump or bull market, it is still considered sooner. No other finical markets give you this return on investments & profits in this little time.

Another example is that you can invest in real estate and hope for good returns in over a decade. Bitcoin market will give you maximum returns in only under 4 years.  Smiley

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November 03, 2022, 03:39:40 AM
 #15

Nobody said it was over. There was some speculation and rumors that started when the Bank of Britain and Bank of Japan had to intervene in the markets. Then when bank of Canada raised rates by less than 75bps there was speculation that fed will do the same, they didn’t.

Most likely we might get another leg down and another one after it before we bottom. Nothing has changed and we are still in a time of high inflation.

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November 03, 2022, 09:39:40 AM
 #16

it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.
Things like this are normal and always happen here in crypto, especially this year where the bear market last a little longer. It's normal to be bored and I believe that even the old crypto hodlers do experience this too but they just find ways to entertain themselves outside. They don't really focus in the market because that can affect the way they think and maybe they will sell at loss.

Those who believe that crypto is dead are just newbies or anti cryptos but many of them will change their minds once they see that cryptos are pumping again. For now, you are right op. There is no signs that we are in a bull or the price is going to pump. I don't know why some can say that. Are they doing it for a purpose? Maybe they want to spread positivity.

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November 03, 2022, 02:50:30 PM
 #17

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

Cryptocurrencies are a general term and 9 out of 10 altcoins/tokens will fail in the long term and I'm not saying this for nothing, because I've personally witnessed such things from 2014 to the present day. Long-term investing makes sense only if what you are investing in makes sense, and so many people are totally mistaken when they believe that the killer Bitcoin will appear, some still believe in Libra or whatever it is called today...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

There are many posts on this forum where some members claim to be Satoshi, or claim that they can influence the price with their posts, or that Bitcoin is a ponzi scheme that will collapse when people stop investing in Bitcoin - does that mean you should trust them? People who persistently say that a new big pump is coming in the middle of a bear market say it mainly for themselves, because weak hands are always weak and they are looking for a reason to comfort themselves, although most of them will not see what they are persistently talking about, because by then they will have already sold everything they have.

You are somewhat right, for those who are just looking for a quick profit, these times are really very frustrating.

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November 03, 2022, 03:21:29 PM
 #18

Don't get caught by the FUDsters. They will all say bad stuff about cryptocurrencies. As long as you know you invested in the right project or coin then there is nothing to worry about if it is a bear or a bull. It won't matter for a volatile market, all of us don't have any idea where this market will go.
The pump may not come soon but I doubt the bear market could last for years. Soon, it will still happen, we cannot just pinpoint when.
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November 03, 2022, 05:45:41 PM
 #19

Many investors are already tired and bored with the currently market's conditions, but I believe in times like this they should remember it's not the first time we are living a scenario like this. In 2018 investors were tired and bored as well, without perspectives regards the future of crypto market, however when they least expected the market reacted positively and we saw the best bull run of all times, which culminated in the ATH of 2021.

Now I hope something similar happen once this cycle is over. By there, patience and confidence is needed, indeed.

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November 03, 2022, 06:49:40 PM
 #20

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.
But I see small pumps already starting to show, particularly on Bitcoin in the previous few days. Even BNB in the last week was pumped up to 15%. I think this is an amazing show. No one gets tired of holding crypto, except for an urgent need that compels them to sell it. I remain optimistic that the price of crypto will rise. Although currently the bear market has no signs of ending.

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