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Author Topic: The Bull run  (Read 418 times)
Awaklara
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July 06, 2024, 04:30:36 AM
 #21

I regret taking that decision of buying, because if I'm to withdraw now I'm getting less than what I invested.
I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.
You should be calm and make sure you do not sell your assets in this situation. You have a target that you should be able to hold until your target is achieved.
I hope you don't use the money you need in your need to invest. because it will influence you to come out with a loss when you need money.
if you use your savings that you don't use. then you just need to be calm and patient. the situation will improve in the future. those who have experienced going through dump situations several times in the market. and those who succeed are those who survive the crisis.

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Peanutswar
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July 06, 2024, 07:13:16 AM
 #22

I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.

It's seems that you are get a wrong knowledge in mining coins I guess you are in stuck with the wrong information these things as I remember are in around 2018 if I'm not mistaken people think they can earn thorough mining to a particular website and can do cash out instantly one of this kind form is the pi network. Reality is you can't earn with that phone mining those videos you've seen is base on referral or you are just letting them make an earning through the boost service they are offering to make you mine more but at the end you can't even make a confirmation for a cash out.

Currently were done with the halving and as you can see every time the halving comes at least a year before the next bull run comes. Try to check the Bitcoin rainbow chart to have an idea for your reference.

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Nwada001
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July 06, 2024, 02:17:06 PM
 #23

You ask a whole lot of questions in one thread: 
About following up on airdrops on Telegram and doing the daily task, that's not mining; it's just like a game of luck; you can't tell which of the airdrops is going to pay you or is going to bring to you something tangible.
 
If you have bought coins from the beginning of this year, your profit level will be based on the choice of coin you make. There are coins, and if your funds were invested in them, you will be calculating your profit by now, even if it won't be as large as those who have made fortunes from crypto, but it will be something worth it.

R


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pooya87
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July 06, 2024, 02:39:20 PM
 #24

I can give you one useful advice: educate yourself about anything you want to get into.

If you educate yourself about cryptocurrencies you'd realize that what you do with your phone is not and can not be mining and any kind of reward you receive is being received by millions of others just as easily. Which means huge supply and no demand which then means low value. Which also means you were wasting your time. But it was an experience.

As for the bull run that is your main question, cryptocurrencies are not a get rich quick scheme (some shitcoins are but not in the way that would make you rich). You also don't need a bull run to make a profit from this market. You just have to know how the market works, how prices go up and down, when to get in and most importantly out, how pump and dumps work and a lot more. These are things you can only learn by spending time in the market, reading trading board, looking at charts and generally following the crypto scene.

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Fiasem20
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July 06, 2024, 02:54:41 PM
 #25

Tokens and coins are words that is used interchangeably in the crypto industry.Op the words are different you're mistaking tokens to as coins.Coins are crypto that have their own independent Blockchain network while tokens depends on existing Blockchain.I'm not a financial adviser but I'd advise you to utilize your time and funds on reputable coins in the crypto industry like BTC and Ethereum.It is also important to note that not all altcoins and tokens increase in price during BTC bull run,so in other words to avoid uncalculated risk stop spending your time on shitcoins.Tapping your screen isn't mining, mining requires expensive resources so don't be deceived.
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July 06, 2024, 02:55:17 PM
 #26


I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.
I thought this year was supposed to be the almighty bull run  year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.
I was happy to buy some coins earlier this year with the hope that when the bull run comes every four years I will surely smile only for me to be discover that my investments are going down drastically. I regret taking that decision of buying, because if I'm to withdraw now I'm getting less than what I invested.
I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.

You made this little complicated Op, are you mining or you're investing? If you're actually mining, then I'd tell you that the activity of the bitcoin bull run doesn't affiliate with your mining coins because after examining your expressions, it seems you're mining future projects that are yet to be launched yet so, when the bull run starts, those unlaunched coins will not partake on the market value increase. So, hope on your accumulate mined coins to be launched and not hoping on bitcoin bull run.

Franctoshi
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July 06, 2024, 03:04:49 PM
Last edit: July 06, 2024, 03:18:54 PM by Franctoshi
 #27

I thought this year was supposed to be the almighty bull run  year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.
Your expectations for Bitcoin are still not dead, Bitcoin bull market usually take 1 year plus after the halving event, and we are just a few months away from the Bitcoin last halving, therfore with this reason, I see no reason to be panicking as 20%-30% draw down in a Bull market has always been a possibility, if you must earn profit in this industry, you must exercise patience with your portfolio until your target and as well remove fear.

I was happy to buy some coins earlier this year with the hope that when the bull run comes every four years I will surely smile only for me to be discover that my investments are going down drastically. I regret taking that decision of buying, because if I'm to withdraw now I'm getting less than what I invested.
I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.
Op, when you see people talk about investing the money you can afford to lose, this is one of the reasons because there is no 100% guarantee that the price of Bitcoin would continue to go up as the market is a speculative one , so always stick to investing with what you are capable of losing should things go south because this market is very volatile that you can't predict what will happen next in the price.

R


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GbitG
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July 06, 2024, 08:26:34 PM
 #28

I wonder what they do as I have been actively mining this new coins

First of all, you are not mining, you are just tapping your mobile screen, and second of all these are not coins these are just tokens.

I know this hype went over the roof after the Notcoin now there is something called "Hmaster Kombat', but trust me you are just wasting your time by tapping the screen and this is not really the mining.

If you want to make money then just buy bitcoin and HODL it for years instead of falling for these shitcoins.
Hmm Right!
I preciously agree with you, Bro. OP is just wasting time by clicking on the screen. I have seen many new apps, etc. whose purpose is only to get scammed and nothing else. So for Hamster I don't see the same Ponzi scammed. Because there is no credibility of an alternative today, a new token is a distant thing. So you have given absolutely the right opposition that if OP wants to make money, he should invest in Bitcoin instead of these ponzi things because Bitcoin is the only asset in which by investing you can get a high margin of profit from a long-term perspective. . That is, if we see it, Bitcion is surging from a long term perspective. So OP if you use your precious time in Bitcoin instead of these things then you can earn many times more money from this Hamster Combot.

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Winterfrost
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July 06, 2024, 08:48:06 PM
 #29


I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.
I thought this year was supposed to be the almighty bull run  year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.
I was happy to buy some coins earlier this year with the hope that when the bull run comes every four years I will surely smile only for me to be discover that my investments are going down drastically. I regret taking that decision of buying, because if I'm to withdraw now I'm getting less than what I invested.
I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.

You made this little complicated Op, are you mining or you're investing? If you're actually mining, then I'd tell you that the activity of the bitcoin bull run doesn't affiliate with your mining coins because after examining your expressions, it seems you're mining future projects that are yet to be launched yet so, when the bull run starts, those unlaunched coins will not partake on the market value increase. So, hope on your accumulate mined coins to be launched and not hoping on bitcoin bull run.
OP is busy doing the tap airdrops, meanwhile expecting much to happen when most of all the airdrops are worthless and won't be able to generate profits after taking much time and energy. This is the reason why new investors are expected to base majorly on Bitcoin rather than looking into tokens that has greater potential risk. Bitcoin will definitely experience the bull season, it is just a case of time and continously investing/holding.
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July 06, 2024, 10:05:28 PM
 #30

I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.
From what you've written, it seems you are interested in airdrops related to mini-games on Telegram. In fact, these coins are considered shitcoins, and you shouldn't expect much from them nor consider them a promising or safe investment for the future. Of course, any player actively engaged in these games will experience what you have. The disadvantages of using these games might outweigh the profits and benefits you see in the end.

I was happy to buy some coins earlier this year with the hope that when the bull run comes every four years I will surely smile only for me to be discover that my investments are going down drastically. I regret taking that decision of buying, because if I'm to withdraw now I'm getting less than what I invested.
I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.
I don't know exactly what kind of investments and currencies you have, but the idea of withdrawing while at a significant loss isn't a good one. Through your studies of the currencies you have, you will decide whether you will continue to hold them or sell them when their prices rise again. If you have Bitcoin, there's no need to worry about it. These corrections are an opportunity to increase your holdings. You need to educate yourself and hold on to the key of patience.

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July 07, 2024, 04:43:08 AM
 #31

Hey
don't be disappointed. It is really sad that you spent a lot of time and effort on cryptocurrency mining and investing but what you have done is not actual mining. It cannot be called mining. You should first learn understand and research more about cryptocurrency before you invest or actually mining. Try to understand Market Cycles. The timing of bull runs can be unpredictable. Just keep in mind that there are periods of both gains and losses. Don't invest in a single coin because it is so risky. Invest in various coins so that it will reduce your risk and will help your risk management.


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July 07, 2024, 12:34:30 PM
 #32

I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining.
You are just tapping the screen of your phone, just as other people have said, but I have heard some people make money from it, so I won’t discourage you. Just make sure you do your research and mine good projects so that you will be able to make money at the end. You should have it in mind that not all of them are going to pay, so don’t feel bad after mining and you discover that your efforts are wasted.

I thought this year was supposed to be the almighty bull run  year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.
Halving happened this year, and that doesn’t mean the bill run will be immediately. Don’t be surprised that we won’t be seeing the bull run, which we all have been expecting this year. We might have to wait till maybe next year before the bull run starts, and it might be the end of this year. Nobody knows when it’s going to start, but what I will tell you is that if you have any coins that you are holding, then it’s better you hold them tight and keep on hoping the bull run comes soon.

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July 07, 2024, 02:15:47 PM
 #33



I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.

If you really want to make a reasonable amount of money in the crypto industry, you need to invest. Once you invest in Bitcoin and are patient enough to hold your Bitcoin investment for a long period of time, you will usually make a reasonable amount of profit. Many people you see in the cryptocurrency industry who are doing well now have invested in Bitcoin over a long period. So, if you are interested in making money, try investing.

All this mining stuff is not as easy as you may think. It's not guaranteed that every coin you mine will be listed, and that's the truth. You may continue mining some coins for a long period of time, but in the end, nothing may come out of the project. Even if it does, it may not be worth the effort you put in. So, I will not advise focusing solely on mining. Instead, find other ways like trading and investing in Bitcoin.

I thought this year was supposed to be the almighty bull run  year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.

But the year has not ended. The halving just happened a few months ago. Let's be calm; there are still some months to go for this year. One thing about Bitcoin is that nobody can actually predict what will happen to it, so just be patient. I believe that the bull run will still happen. Anyone holding Bitcoin now should keep holding it. Good days are coming ahead, and holders will be in profit.

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July 07, 2024, 03:03:04 PM
 #34

So from what has been said from the comments and quotes, when exactly is the bull-run and how long will it last?
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July 07, 2024, 03:25:43 PM
 #35

So from what has been said from the comments and quotes, when exactly is the bull-run and how long will it last?
Bull run usually happens in the last quarter of the year but activity happens as early as october. Although that happens last year and the other year, it doesn't guarantee to be the same this year, it might be different or not depends if there is negative news against bitcoin or crypto as a whole.

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July 07, 2024, 04:16:46 PM
 #36

I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.
A clear evidence of newbie you are, to think that, by farming coins by tapping the screen of your phone, you are in for crypto to begin to earn from it like the way other people do. For your information, you are just wasting your time, thinking that you get paid through farming tokens.

If you desire to make money like the legend in crypto, then act like one by investing in bitcoin. Don't go ahead tapping your phone screen, thinking that you are in the ride of crypto investment because, in the real sense, you are not rather just wasting your precious time believing that farming coins is actually like mining tokes.

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I thought this year was supposed to be the almighty bull run  year where the supply of bitcoin will be scarce thereby making the price to rise for hodlers to make high profit.
I was happy to buy some coins earlier this year with the hope that when the bull run comes every four years I will surely smile only for me to be discover that my investments are going down drastically. I regret taking that decision of buying, because if I'm to withdraw now I'm getting less than what I invested.
I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.
The bull run we all are anticipating hasn't started, talk more of going. Where did you get that from? However, my advice to you is to hold tight to your altcoin investment, You can be lucky that some may give you expected profits that will put a smiling face on your face during the bull run. Not forgetting to tell you this, start buying bitcoin now if you haven't. Some of the altcoin you hope on for profits can disappoint you but bitcoin won't because it's an investment for long term

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July 07, 2024, 10:17:25 PM
 #37

From what you have said it means you did not calculate the terms of investment before investing, an investor does not just sit and watch an investment experience bear run where as they calculate very well knowing when to invest and when not to. And one important fact about investment is that you don't jusear how others are making success and you just dive into it without formal knowledge of what you are about to invest in.

An investor must be a person who has more than enough for himself even after investing, because it is not everytime an investment would yield. From your statement you are regretting ever investing after all that you have spent instead of good results it is yielding negative.
Don't invest when you can't afford the lose and don't invest what you can't afford to lose, check yourself before you invest and strategize properly before putting your investment somewhere, have knowledge of every investment first.
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July 07, 2024, 10:18:33 PM
 #38

I don’t think I understand your point, from what I read I’m assuming you bought random coins not bitcoin or you should just specify the kind of coins. Holding any coin aside bitcoin now is risky because it might not rise as you expected that’s why it’s advisable newbies should buy and hold bitcoin with a long term plan, honestly speaking choice matters a lot in the crypto field mostly when seeking for profit without the right knowledge.
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July 07, 2024, 10:59:43 PM
 #39


I heard so many legends making money from cryptocurrency, I wonder what they do as I have been actively mining this new coins which I don't know their foundation as per which one will pay. I no longer lack mobile data on my phone so that I can be mining. These things have consumed so much of my data, infact my battery life has depleted due to constant use of the phone.
It's what has made the internent gone crazy, the quest to make a lot of money out of almost nothing. We would have a lot of damaged devices before this phase finally ends and for most, I hope they find what seek and not just end up with some damaged device.

Mind you, the project doesn't pay you a dime, they only reward you with worthless tokens which could actually gain value through listing and renowned blockchain and exchange as this becomes a drive for pump and dump. In essence, you find these coins in these times flooding the market and dumping it.
A lot of loss still becomes the fate of many.

Don't allow yourself to be used by these people using this avenue to create a name and wealth for themselves. I mean, you can do what you will if you want and believe in it but, you put yourself at great risk should your device have wallets that contains cryptos and important credentials.

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July 07, 2024, 11:18:35 PM
 #40

I don't know if there is hope for my investments since bull run has come and gone. The loss will be too much.

This is dependent on what coins or tokens you are invested with.  If you are heavily invested into Bitcoins then there is a high possibility that your hope will come true.  it is not the year yet for Bitcoin to break its ATH but it already did, this can be a sign that the Bitcoin upcoming rally until next year when it records its series of ATH will be impressive.

Don't lose heart because Bitcoin is experiencing a massive drops in this last few days.  Remember Bitcoin can have an astounding rebound, we can see these examples by looking at its price chart fully zoomed out.

Now if you invested on several altcoins that are pumped by hype then more likely you will end up losing these investment.  The trend of these kind of coins are getting worthless after it is heavily pumpled and overly hyped.  I just hope that what you are holding are yet milked by the developers and whales.  If it is not yet "milked"  there is a chance for those altcoin to get pumped in the future but of course you should not put your hope high on that.

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