Franctoshi
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August 28, 2023, 10:24:22 PM |
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Do you only buy Bitcoin for the sake of profit? If yes, that's why you're worried if there's no bull run for the next 10 years.
I buy Bitcoin isn't only for profit, but I buy Bitcoin for "become your bank" and I don't trust fiat anymore due to centralization, That's why almost all of my wealth is Bitcoin and I'm not worried if there's no bull run. Privacy concern is another reason too since the government and banks want to control everything.
We should look beyond and know that the purpose of Bitcoin is not just for profit-making or for investment only, but also the freedom that it gave us to be controlling our money, that is really an interesting part of Bitcoin; However, I don't see how possible it will become for the market to melt for 10 years without experiencing any bull market.
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bitzizzix
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August 29, 2023, 01:44:27 AM |
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Actually the OP's question makes a bit of sense because it is not easy to predict the future of crypto or Bitcoin which is not easy to predict, and this is where we are always advised to use extra money or money we can afford to lose. So even though it's beyond our expectations, it's not too painful, even though there will be disappointments. However, if you look at developments from time to time, crypto, especially Bitcoin, continues to grow and the demand continues to increase. And this most likely proves that the Bitcoin price will not disappoint in the future and doing DCA using the extra cash after prioritizing the essential needs is the best way in the long term.
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Strongkored
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August 29, 2023, 02:49:15 AM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
How can you be optimistic about Bitcoin but on the one hand ask the question what if the crypto market had not had a bull run in 10 years, Before this was asked of course it had already been in your mind and an optimist would never have thought of that. If crypto, especially Bitcoin, does not have a bull run anymore or for 10 years, it means that Bitcoin is no longer just a commodity of exchange but has been used more as a means of payment, such as fiat, whose price movements will be more stable, because people will no longer save to earn profits but use it massively in the world for transactions and its original purpose as a currency was achieved.
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Minor Miner
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Be A Digital Miner
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August 29, 2023, 03:48:12 AM |
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Do you only buy Bitcoin for the sake of profit? if yes, that's why you're worried if there's no bull run for the next 10 years.
I buy Bitcoin isn't only for profit, but I buy Bitcoin for "become your own bank" and I don't trust fiat anymore due to centralization, that's why almost all of my wealth is Bitcoin and I'm not worried if there's no bull run. Privacy concern is an another reason too since the government and bank want to control everything.
I know that in addition to profit, bitcoin offers us many other use cases. But it would be a lie if you said you bought bitcoin just to protect your privacy and not interested in profit. Did you buy bitcoin at $69k and use it when it dropped to $15k last year? I'm also interested in using bitcoin to make myself my own bank, but I don't want to pretend that if bitcoin didn't go up, I would still care about it as much as I do now. I don't want to spend my bitcoins if I lose and I don't believe you or anyone else can.
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jostorres
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August 29, 2023, 06:45:53 AM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
Generally, that doesn't sound possible since the adoption will keep increasing and there will always be more people willing to buy than those willing to sell their assets and that is basically what drives the market. If there is more demand and less supply in a market, that market tends to gain value over time. So, I don't think that the price of Bitcoin will keep going down or stay stable where it is right now without any pumps and positive price movements at all. However, if that happens, people who have faith in Bitcoin will most likely stick to it and keep holding their Bitcoins for as long as the market doesn't reach a positive point for them, and those who don't believe in it but made investments just for the short-term hoping to get a lot of profit will probably exit the market and go somewhere else.
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virasog
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Leading Crypto Sports Betting & Casino Platform
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August 29, 2023, 07:46:43 AM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
How can you be optimistic about Bitcoin but on the one hand ask the question what if the crypto market had not had a bull run in 10 years, Before this was asked of course it had already been in your mind and an optimist would never have thought of that. If crypto, especially Bitcoin, does not have a bull run anymore or for 10 years, it means that Bitcoin is no longer just a commodity of exchange but has been used more as a means of payment, such as fiat, whose price movements will be more stable, because people will no longer save to earn profits but use it massively in the world for transactions and its original purpose as a currency was achieved. He is not optimistic about bitcoin, but he is rather Pessimistic about bitcoins and therefore he can't see the bull run in the next 10 years. Yes, anyone can say that Bitcoin makes all time high every four years and this time it won't repeat the same pattern but for this to happen we need the world fiat system to flourish, inflation to come all the way down and interest rates of fiat money to increase so that people are encouraged to keep their money in paper money and not invest in risky markets such as bitcoins and cryptocurrencies. However, I do not see the above happening anytime soon and therefore people will be accumlating bitcoin in order to hegde against inflation and it is every possibility that Bitcoin will make another all time high in less than 2 years from now.
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carlfebz2
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August 29, 2023, 07:41:48 PM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
How can you be optimistic about Bitcoin but on the one hand ask the question what if the crypto market had not had a bull run in 10 years, Before this was asked of course it had already been in your mind and an optimist would never have thought of that. If crypto, especially Bitcoin, does not have a bull run anymore or for 10 years, it means that Bitcoin is no longer just a commodity of exchange but has been used more as a means of payment, such as fiat, whose price movements will be more stable, because people will no longer save to earn profits but use it massively in the world for transactions and its original purpose as a currency was achieved. He is not optimistic about bitcoin, but he is rather Pessimistic about bitcoins and therefore he can't see the bull run in the next 10 years. Yes, anyone can say that Bitcoin makes all time high every four years and this time it won't repeat the same pattern but for this to happen we need the world fiat system to flourish, inflation to come all the way down and interest rates of fiat money to increase so that people are encouraged to keep their money in paper money and not invest in risky markets such as bitcoins and cryptocurrencies. However, I do not see the above happening anytime soon and therefore people will be accumlating bitcoin in order to hegde against inflation and it is every possibility that Bitcoin will make another all time high in less than 2 years from now. Just let those people do say on things that they do have in mind and since this is a forum then it would really be just that fine if ever they would really be pessimistic about Bitcoin or this entire crypto space on which it would really be just that normal that there would be people have still those doubts or simply that skeptical on what we do have now. What would happen if there would be no crypto bull run on next 10 years? There's no way on knowing that before hand because we know that we do have that 4 year cycle on which on the time that the that we do missed out a bull run on 1 cycle then majority of people would really be raising up that main question, on how the heck is happening within the market? How much more if it would be able to do in consecutive cycles on having no bull run and assuming that it would be a 10 year period? For sure we could really say that trust on this marketspace had already depleted out. There's no way on knowing on what would be the future of this market but as long that demand would circulate or really still that present then it would be understandable that it would really continue to run but of course it would really be that totally random.
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arwin100
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August 29, 2023, 11:36:33 PM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
Then no bitcoin big pumps will happen but don't make it like it stop there since even if no bull run will happen still bitcoin price is volatile and there are also many alts to choose so even if we will not experience that scene we can still earn thru another means. To many times we are dealing with the market with no bull run so expect the same scenario and there's nothing to get afraid with current condition.
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n0ne
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August 29, 2023, 11:44:20 PM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
Then no bitcoin big pumps will happen but don't make it like it stop there since even if no bull run will happen still bitcoin price is volatile and there are also many alts to choose so even if we will not experience that scene we can still earn thru another means. To many times we are dealing with the market with no bull run so expect the same scenario and there's nothing to get afraid with current condition. The volatility of bitcoin is something that attracts every people. Just think about the recent price drop and the bounce back that had taken place. People who trusted in it and bought when the price dropped have got profit as the price have moved from the range of $26k and traveling around $27700. Similar market movements happens throughout, so there need not be need of complete bullish movement.
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sheenshane
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August 29, 2023, 11:54:39 PM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
10 years? That's impossible. Try to look at the market history, there is usually a bull run right after Bitcoin halving, it could be in the next year when halving occurs. It's proven by the market history and I believe that the price of Bitcoin will repeat itself. However, IMO having a broader perspective and a long-term horizon can be beneficial and some investors believe in the fundamental value of cryptocurrencies like Bitcoin, which extends beyond short-term market fluctuations.
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philipma1957
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August 29, 2023, 11:57:53 PM |
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This is not possible and there will be one. Why? Because the bull run is just people buying, and the fact that bitcoin is not going to die anytime soon by the looks of it shows that the trading world consists of buying and selling, you can't just keep going down more and more, it has to go up sometime to make a room and that's how trading is done. It means that we are going to end up with a result where a bull will happen and we are going to make a profit out of that as well.
Hopefully it will not be a small one and we go ballistic like we did previous times. I am sensing that it will start about late of 2024 and early of 2025 and end at somewhere middle of 2025 for sure, that's the realistic estimation of the next bull run.
So if you think it can not be done tell me how gold stayed in a 200-400 usd slot for about 12 years check gold 1990-2003
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CryptoBuds
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HODL
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August 30, 2023, 12:46:49 AM |
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Do you only buy Bitcoin for the sake of profit? If yes, that's why you're worried if there's no bull run for the next 10 years.
I buy Bitcoin isn't only for profit, but I buy Bitcoin for "become your bank" and I don't trust fiat anymore due to centralization, That's why almost all of my wealth is Bitcoin and I'm not worried if there's no bull run. Privacy concern is another reason too since the government and banks want to control everything.
We should look beyond and know that the purpose of Bitcoin is not just for profit-making or for investment only, but also the freedom that it gave us to be controlling our money, that is really an interesting part of Bitcoin; However, I don't see how possible it will become for the market to melt for 10 years without experiencing any bull market. You are emphasizing the main point of the OP's question, this is financial markets and how did the market stand still for 10 years? Bitcoin has been around for 14 years and as we can see, it has never stopped moving for even 1 day, let alone 10 years. Like it or not, bitcoin is being seen by people as an asset rather than a currency, but even as it becomes more and more stable but it will retain its decentralized nature. I believe there will still be a lot of people using it for other purposes, not just for profit. But it is also undeniable that if bitcoin stabilizes then its appeal will lose a lot, many people will abandon it and find other assets to invest in.
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landheer
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August 30, 2023, 02:36:34 AM |
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Of course we won't know about crypto in the future, because it could be that in the future crypto will progress, and it could be that in the future crypto has the potential to decline.
but for me personally if crypto goes down of course I will accept this fact, because after all I will sell crypto when I make a profit. but I hope percryptoan will be more advanced in the future.
in the future of course crypto will have the potential to advance and will have the potential to decrease, It's true what you said that if the crypto world is experiencing a decline, of course we have to accept reality, and I personally will also accept reality, but hopefully in the future the crypto world will progress. because if the crypto world collapses, of course it will be difficult for me to get a side job.
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laurenB7742
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August 30, 2023, 03:26:20 AM |
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Of course we won't know about crypto in the future, because it could be that in the future crypto will progress, and it could be that in the future crypto has the potential to decline.
but for me personally if crypto goes down of course I will accept this fact, because after all I will sell crypto when I make a profit. but I hope percryptoan will be more advanced in the future.
in the future of course crypto will have the potential to advance and will have the potential to decrease, It's true what you said that if the crypto world is experiencing a decline, of course we have to accept reality, and I personally will also accept reality, but hopefully in the future the crypto world will progress. because if the crypto world collapses, of course it will be difficult for me to get a side job. Right, anything can happen. But we need to realistically assess what is happening with the crypto industry. Things are going very well and cryptocurrency is also being well received by countries and people, it has even become the focus of many discussions from within the government to the countryside. That shows it is on a strong upward trajectory so there is no reason for things to suddenly go down. I personally believe that in the future, at least for our generation, cryptocurrencies will continue to grow and dominate other markets. It is being seen as the financial revolution so there is no reason why it should stop suddenly.
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wxa7115
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August 30, 2023, 04:19:38 AM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
No bull run does not mean there is not going to be any growth, since an average growth of 10% every year will be enough to offset inflation, and taking into account the rest of the advantages bitcoin offers that would be enough to keep me invested in it. However this does not seem as a scenario that could actually happen, as even if bull runs will get milder from now own, they will still appear and bring great benefits to all of those willing to wait for them to take place.
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AakZaki
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August 31, 2023, 08:23:50 PM |
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Crypto is full of volatility and price fluctuations keep happening every second, it is impossible if there is no price increase or movement for the next 10 years. If there is absolutely no movement or it always drops to ZERO, then the entire cryptocurrency ecosystem will die and there will be no more crypto. But looking at the real thing that's not going to happen. Crypto is a technology that is prepared for the future and will not be eroded by any era or regulations, will continue to develop with new innovations.
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Fatunad
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August 31, 2023, 08:52:46 PM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
No bull run does not mean there is not going to be any growth, since an average growth of 10% every year will be enough to offset inflation, and taking into account the rest of the advantages bitcoin offers that would be enough to keep me invested in it. However this does not seem as a scenario that could actually happen, as even if bull runs will get milder from now own, they will still appear and bring great benefits to all of those willing to wait for them to take place. And if there's no growth then for sure people would flock away and would be finding some place for them to deal with on which it is really that much worth than on a market which doesnt really have that kind of moment for a decade.It would really be that a common approach that you would really be needing to find some place on which you could really be able to benefit with because if not then you would really be stuck on a market which it doesnt really give out any changes but for a market something volatile as this then it would really be finding hard to believe that there would be no bull runs on a decade time. People or investors do easily get bored and on the time that they arent seeing any movement then it would really be a normal approach that they would really be that finding for something else on which they could really be able to benefit for long term. This isnt something that you could really be able to stop for investors on doing that specially if doubts and lost of trust is already happening then it would really be that common that they would be finding another place on which they could make money. They cant really stay on a place on which it doesnt really give out any benefits or whatever it would be.
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Mate2237
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August 31, 2023, 09:40:42 PM |
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Even if there is no bull run in the ten years to come, bitcoin is not stable or stagnant in one place, it is volatile and fluctuating and with that nature of bitcoin you buy it when it is lower and also sell a bit of it when it is a bit higher and with that you wouldn't feet the full hit of the bear market and just like that you will keep going gradually to the real bull market in the future time to come. As an investor , you have to know that it is not all time you have a juicy season.
Anyone that has no faith in the bitcoin market can not involved himself and invest in it. You have faith in bitcoin and have predetermination to invest in bitcoin so that in case anything happens along the line, you will be gallant to face the music. But understand the investment before you start the journey.
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goaldigger
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August 31, 2023, 09:47:15 PM |
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What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?
Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.
I believe on the cycle of the market and having no bull run in the next 10 years will be worst because that means there is no progress and that is not just about the cryptomarket I'm sure it will also affect the other market. Let's be more optimistic here and have a good reason to wait for the next bull run, again invest what you can afford to lose so you won't need to worry about how long will be the next bull run, just be more patient and for sure it will be worth it with Bitcoin.
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_BlackStar
Legendary
Offline
Activity: 1260
Merit: 1274
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August 31, 2023, 09:50:11 PM |
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-snip-
10 years? That's impossible. Try to look at the market history, there is usually a bull run right after Bitcoin halving, it could be in the next year when halving occurs. It's proven by the market history and I believe that the price of Bitcoin will repeat itself. However, IMO having a broader perspective and a long-term horizon can be beneficial and some investors believe in the fundamental value of cryptocurrencies like Bitcoin, which extends beyond short-term market fluctuations. It has been mentioned many times that investing in bitcoin has risks. Only those who understand and are able to control risk are really encouraged to invest - otherwise they may need to follow the lead of old investors who have always believed in banks or other immovable assets. There will be a lot of things happening in 10 years - of course it's still hard to predict, but I agree with some of your assumptions. Uncertainty in value, regulations and laws as well as several other things will affect price volatility in the long term. However, we can learn and believe in one thing, namely; Bitcoin is an asset that is in high demand among modern society because its use cases as currency, investment assets and will have wide adoption cases as time goes on. This can guarantee a better future so the price can be expected to be higher over time.
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