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Author Topic: What if there is no crypto bull run for next 10 years ?  (Read 1116 times)
karabiber
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September 01, 2023, 07:48:50 AM
 #61

Of course, there is no guarantee that such a thing will happen. We make plans based on the cycles experienced in the past and the thought that we will experience the bear-bull cycle is because the past cycles have happened. Having halvings means a bull run. There are so many companies, communities, and individuals investing in the crypto markets, and i don't think they care about Bitcoin's peer-to-peer payment feature and the Bitcoin ecosystem. Their main purpose is to make a profit.

I'm sorry but one of the most important reasons for the growth of the crypto markets is the dream of making easy money. One of the reasons for the size of the crypto markets is the dream of making easy money. For big players to make money, the market must be active. As a result of the oath to be taken, the big players will get richer and we need a bull run to take this oath. There will always be a bull run because the rich can smell money.

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September 01, 2023, 08:42:30 AM
 #62

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 ?
It is very unlikely that this scenario will occur, Crypto asset prices cannot be controlled by any party. the price, which is very dependent on supply and demand, always makes crypto assets move in both directions, if they don't go up, the price will go down. Crypto asset prices never stay still for long without movement, it is very difficult to guess the price because it always changes by the minute, hour and day.
I believe crypto assets especially Bitcoin will continue to increase in the future. In accordance with the initial concept when investing, buy at a low price, sell when the price is high, there is no reason for me to sell assets before my investment goals are achieved.

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September 01, 2023, 09:50:07 AM
 #63

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 ?



This is a financial market, a speculative market and to be able to maintain participants as well as attract newbies.  Market makers are always looking for new games after each cycle, just like we had ICO, IEO, P2E... it can be seen that they are always trying to find new games to maintain the market.  so your hypothesis, I think it will never happen.  if this were a pure growth industry it might happen but cryptocurrency is being seen as just a money game so there will always be something new to attract players.  You don't need to worry too much about that, because market makers never want this market to disappear.

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September 01, 2023, 10:45:43 AM
 #64

I don't think something like this can happen and more likely we are about to enter a new bull run in 2024 towards 2025. I say this because 2023 didn't bring anything great into crypto space and price so far doesn't look like he wants to go up or down and most likely it will settle around this 25k$ area for a couple of months.

But , if there will be no crypto bull run in the next 10 years that should also be fine as long as there is no crypto crash for the next 10 years as well as that would mean only stability and nothing more and I'm sure a lot of crypto users will be pleased with this.

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September 01, 2023, 11:00:31 AM
 #65

It is very unlikely that this scenario will occur, Crypto asset prices cannot be controlled by any party. the price, which is very dependent on supply and demand, always makes crypto assets move in both directions, if they don't go up, the price will go down. Crypto asset prices never stay still for long without movement, it is very difficult to guess the price because it always changes by the minute, hour and day.
Price changes that continue to occur in crypto assets from minutes, hours and days are also based on changes from market visitors such as traders and buyers to own long-term investment assets which are also always different in minutes, hours and days. So the possibility for two-way movement will always exist in the market, especially in crypto assets which are already very popular and which are very much in demand by everyone.

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I believe crypto assets especially Bitcoin will continue to increase in the future. In accordance with the initial concept when investing, buy at a low price, sell when the price is high, there is no reason for me to sell assets before my investment goals are achieved.
Everyone has an end goal, especially those whose profession is investors who specifically place money in Bitcoin. They will definitely use a method like that when the goal of their investment has been achieved because it is about profits that really have to be done with certain techniques in order to be profitable in the future.
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September 02, 2023, 08:14:52 PM
 #66

I don't think something like this can happen and more likely we are about to enter a new bull run in 2024 towards 2025. I say this because 2023 didn't bring anything great into crypto space and price so far doesn't look like he wants to go up or down and most likely it will settle around this 25k$ area for a couple of months.

But , if there will be no crypto bull run in the next 10 years that should also be fine as long as there is no crypto crash for the next 10 years as well as that would mean only stability and nothing more and I'm sure a lot of crypto users will be pleased with this.
Price volatility is the most basic thing in trading crypto assets – including bitcoin. But maybe we can't expect volatility when demand and supply are always changing, after all bitcoin is not a stablecoin whose value tends to be stable compared to other assets.

I can always say that the price of bitcoin will always fluctuate both down and up. In fact, we will face two decisive cycles in the next 10 years - I mean halving. Imagine if the halving didn't make bitcoin more expensive - where would minners go?
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September 02, 2023, 09:06:04 PM
 #67

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.
Will such a thing be important to me? Yes, but that is not really the only reason I use bitcoin, if the value of my bitcoin holdings goes up then without a doubt I will be happy about it, however I really do not think the fiat system can remain as strong as it was a long time ago, and if I am correct then the next decades are going to be very difficult for everyone in general due to the system becoming more unstable, and as such it makes sense to keep holding your bitcoin even under a scenario in which it does not experiment bull runs anymore.
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September 02, 2023, 09:11:48 PM
 #68

It is during the bull run that the manipulator makes his main money. Therefore, it just doesn't make sense for him to cancel the alt season. At the moment bitcoin is the main means of attracting attention to cryptocurrencies, but if people don't see big "X's", the interest will fade quickly. Right now, making 2-3x on bitcoin is good, but it's not enough.
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September 02, 2023, 09:36:00 PM
 #69

It is during the bull run that the manipulator makes his main money. Therefore, it just doesn't make sense for him to cancel the alt season. At the moment bitcoin is the main means of attracting attention to cryptocurrencies, but if people don't see big "X's", the interest will fade quickly. Right now, making 2-3x on bitcoin is good, but it's not enough.

Market manipulators can make money in multiple different scenarios, whenever they can predict the price action, thay can capitalise on that, whether price goes up or down. They don't need bull run to earn great profits. They can do the same with smaller movements in either direction.
Retail investors aiming only for > x100 opportunities haven't been relevant for a good while now. By definition, they don't operate with big funds, as no one would be betting any serious money on a very risky assets (only such can offer yields of that level).

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September 03, 2023, 09:56:31 PM
 #70

Apart from what Solosanz has said, I would add that I do not make plans based on extremely improbable situations. The situation you describe is so improbable that it is not worth worrying about. In the unlikely event of that happening, we would see what to do, making decisions on the fly, but I prefer to plan for the price to continue to grow in future cycles, albeit less than it has done in the past ones.
This is true, because making plans inline of probability of a situation can be a bit frustrating if and when such predictions/speculations never come to reality and that is why, it is most important not focus on any short term or long term predictions and never to base your investment decisions on such speculation, 10 years is such a long time and for that ,a lot of occurrences will still occur before that time.

 
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September 03, 2023, 10:54:33 PM
 #71

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 ?
I'll keep it there and will do some other things that might be more productive than waiting for the bull run. Bitcoin's growth was rapid and was one of the best so if it becomes laggard then that's not a problem because no matter how slow it is, the opposite of it will come for its growth.

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 am prepared for all the situations that can come. The experiences and roller coaster rides that we've been with through it have taught a lot of things in life for me. It had increased my patience and that's why if nothing happens for a decade, I probably might be doing something else but my holdings is there and remains.

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September 03, 2023, 11:30:52 PM
 #72

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.
That's indeed what I meant.
The shifts in demand influenced the price volatility of Bitcoin and it's true that Bitcoin has demonstrated its value as a versatile asset with use cases ranging from a digital currency to an investment vehicle, and it continues to gain adoption which I believe IMO will continue gaining adoption that result of continue hiking the price.

The sad thing is our interpretation of Bitcoin adoption is to make a profit which is not the creator's purpose of creating Bitcoin.
It's a tool to alternate cash and the purpose of no one controls it even the government, but here we are holding it for storing value.
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September 04, 2023, 04:42:42 AM
 #73

The sad thing is our interpretation of Bitcoin adoption is to make a profit which is not the creator's purpose of creating Bitcoin.
It's a tool to alternate cash and the purpose of no one controls it even the government, but here we are holding it for storing value.

Others interpretation is that it depends on whether an individual in the crypto space believes that. The fact is that most communities have believed in the positives seen in Bitcoin, and that includes me. As far as I can see, there is nothing wrong with it. Now, whatever Satoshi Nakamoto's reason for creating Bitcoin was, it was certainly not the only reason why he designed it.

Just try to imagine that more than a decade ago, Satoshi saw that Bitcoin would help in the future, and something is happening now that really helps. So the fact that we make a profit through Bitcoin is one of the reasons why Nakamoto created it. This may not be the main reason, but profit cannot be excluded. For me, the main reason why Bitcoin was created is because of blockchain technology, usage, and decentralization.
Why was Bitcoin created?

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September 04, 2023, 05:56:32 AM
 #74

I have made up my mind from the beginning of this year that I will not sell my Bitcoin until the price reach $100,000, which I believe before the next ten years the price will increase above that price for many investors to sell. There are two things that will definitely happen in crypto market, which are bullish and bearish, because whenever you are holding your crypto in the bearish season, know that bullish season will soon occur that will make you to release your crypto for profits making. I think, there will be crypto bullish before the end of this year 2023, but it will not be massive like 2021 that made many investors to experience huge amount of profits from their investment.

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September 04, 2023, 09:09:39 AM
 #75

The sad thing is our interpretation of Bitcoin adoption is to make a profit which is not the creator's purpose of creating Bitcoin.
It's a tool to alternate cash and the purpose of no one controls it even the government, but here we are holding it for storing value.

Others interpretation is that it depends on whether an individual in the crypto space believes that. The fact is that most communities have believed in the positives seen in Bitcoin, and that includes me. As far as I can see, there is nothing wrong with it. Now, whatever Satoshi Nakamoto's reason for creating Bitcoin was, it was certainly not the only reason why he designed it.

Just try to imagine that more than a decade ago, Satoshi saw that Bitcoin would help in the future, and something is happening now that really helps. So the fact that we make a profit through Bitcoin is one of the reasons why Nakamoto created it. This may not be the main reason, but profit cannot be excluded. For me, the main reason why Bitcoin was created is because of blockchain technology, usage, and decentralization.
Why was Bitcoin created?


It is true that bitcoin is becoming an asset and not a currency as Satoshi intended. But I also don't see anything wrong with people considering it an investment or store of value. If it becomes a currency but does not bring too many benefits or has many users, what does it mean to be a currency? What we should care more about is the use cases, the benefits that bitcoin is bringing us. Do not worry too much when it is not used for the purpose for which it was created. Furthermore, although it is considered an asset, anyone can use bitcoin as a currency if they want. Bitcoin is the best multi-tool we have.

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September 04, 2023, 12:38:49 PM
 #76

~
It is true that bitcoin is becoming an asset and not a currency as Satoshi intended. But I also don't see anything wrong with people considering it an investment or store of value. If it becomes a currency but does not bring too many benefits or has many users, what does it mean to be a currency? What we should care more about is the use cases, the benefits that bitcoin is bringing us. Do not worry too much when it is not used for the purpose for which it was created. Furthermore, although it is considered an asset, anyone can use bitcoin as a currency if they want. Bitcoin is the best multi-tool we have.
Bitcoin have got multiple usage and bitcoin being a currency is one amongst. Satoshi innovated bitcoin for some reason, but this have been used for many needs. If bitcoin haven't experienced much of bullish move the network might've not gained such a popularity as now. The growth could've happened in a slow and stabilized manner.

Slowly the acceptance of bitcoin is increasing around the world. Some countries legalizing bitcoin is an added benefit. The limited supply is a big thing that will keep bitcoin at its best unlike the market variation happening with time.

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September 04, 2023, 03:29:02 PM
 #77

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 ?
From your question, maybe I have to go back a little the main purpose of Bitcoin was created.

Basics to understand.
Quote
Bitcoin (BTC)'s goal is to facilitate online payments in a fast and economical way.bTC is a decentralized digital currency on a peer-to-peer network where transactions can be made between users around the world via a computer network, without the need for financial institution intervention.

If you understand the main basis for creating Bitcoin, of course you won't be dizzy and confused if Bitcoin doesn't move for the next 10 years, investment, speculation, predictions and so on, apart from the main goal being the thoughts of bitcoin users, experts, investors and so on and other reasons based on ATH that has happened once every four years, those are the basic points that must be understood.

Investment in Bitcoin, if you do it it's a risk for you, if, if and if it goes up of course it's big luck for you, if you buy it Bitcoin, but for 10 years it doesn't go up, that's also a risk for you, you have to return to the main goal of Bitcoin, so that you can easily understand investment and Bitcoin.

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September 04, 2023, 03:51:09 PM
 #78

I have made up my mind from the beginning of this year that I will not sell my Bitcoin until the price reach $100,000, which I believe before the next ten years the price will increase above that price for many investors to sell. There are two things that will definitely happen in crypto market, which are bullish and bearish, because whenever you are holding your crypto in the bearish season, know that bullish season will soon occur that will make you to release your crypto for profits making. I think, there will be crypto bullish before the end of this year 2023, but it will not be massive like 2021 that made many investors to experience huge amount of profits from their investment.
Of course, there are two cycles that occur in the price of bitcoin that you can take advantage of. You certainly have a good understanding of how and when is the right time to buy and when is the right time to sell, so I hope you are really able to stick with that plan until your target is achieved.

Nowadays the average person recommends accumulation. Of course I agree with that recommendation, but I think they should also be wise enough to do it. Bitcoin still has the potential to lose some of its value amidst market uncertainty, so take precautions such as carrying out DCA when accumulating even if you plan to hold it for the long term. In 10 years prices will go even higher, but no one can say for sure.

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September 04, 2023, 04:25:29 PM
 #79

Of course, there are two cycles that occur in the price of bitcoin that you can take advantage of. You certainly have a good understanding of how and when is the right time to buy and when is the right time to sell, so I hope you are really able to stick with that plan until your target is achieved.

Nowadays the average person recommends accumulation. Of course I agree with that recommendation, but I think they should also be wise enough to do it. Bitcoin still has the potential to lose some of its value amidst market uncertainty, so take precautions such as carrying out DCA when accumulating even if you plan to hold it for the long term. In 10 years prices will go even higher, but no one can say for sure.

Yes, that's right, and everyone should be able to take advantage of that situation because that's the only thing that can lead to real benefits and also a big part of our goal there. Everyone has their own way of investing and obviously they're going to have their own analysis that they think is accurate from previous trials, so you can just keep going with the plan that you have, like you said, until they reach the target that they've set.

Yes of course I also agree to the advice and suggestions of some people regarding accumulation, because indeed by doing so we will potentially get something better, but honestly I'm not too sure that some of them even including me can do it right. A few months ago one of my colleagues told me one strategy that he said was highly recommended especially for beginners, and when I tried it, it was true that I felt very safe from some things that were not wanted, it seemed to make me feel even more relieved. Honestly it is quite difficult to be able to fully predict in the long term regarding how high bitcoin will rise or even go down to the bottom of the sea, but yes, we just pray that what we have parked now in bitcoin can make significant profits for the next 10 years. So stay consistent and be patient. 


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September 04, 2023, 06:38:49 PM
 #80

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.
Many people make the mistake of purchasing bitcoin solely for the potential profit, but there are other benefits as well. Bitcoin offers us a lot and overcomes a lot of problems; it allows us complete control over our assets while also allowing us to benefit from its volatility. Many people don't know the basic motivation for its establishment, so they just perceive it as a means of getting money, which is not what it is intended to be.

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 ?
I understand that you adopted bitcoin purely for financial gain, but I hope you will be able to see bitcoin for what it was intended and not be so worried about the bull run. Bull run will happen when it happens, so it doesn't matter how long it takes since even if it takes up to 10 years, it doesn't mean I should sell my investment because I am not into bitcoin for the profit only; I also see it as a way to have complete control over my finances.

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.
If you are not in for the profit alone you won’t be bothered about any situation that comes along the way so I don’t have any reason to be overly prepared i will just flow with any situation we encounter along the way.

 
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