after the pain many people will sell into a new uptrend and will part from their coins forever. Blackrock will be happy
That is a third way (or perhaps just part of the 1st way described below?)
** that newbies and/or low coiners and/or no coiners get discouraged (and take actions) in their failure/refusal to adequately prepare themselves financially for UP.
1)
sell too many BTC too early... so the sub-category of this would be that if guys had bought bitcoin then they sold too many coins too early on the way up, then the BTC price corrects and they feel like geniuses because they had sold, but still fail/refuse to buy back on the dip since waiting for further dip.. and perhaps the market recovers and they fail to buy or alternatively if they had bought, then they sell on the second round of the BTC price going up.. but then the BTC price keeps going up after that second sell (profit taking), even by then they sold most if not all of their coins, so even if they might have had started out as a low coiner, then may end up as even a lower coiner or even ending up as a no coiner because they end up psychologically blocking themselves from getting back into bitcoin, since who wants to buy back into bitcoin at prices that are higher than the prices of their earlier sales? There are quite a few variations of these selling too many coins too early scenarios, and maybe they don't screw up their portfolio in one round, yet their ongoing insistence on selling ends up putting them into a wrong state of mind and never really having enough coins because they are always selling at some point soon after they buy, even some of them might end up making 50%, 70% or maybe even 2x profits.. but then they do not even fare as close to the guy who had largely held onto his coins and went through multiple doublings of the BTC prices, and so compounding upon compounding upon compounding of the BTC value that he had been ongoingly holding through the ups and downs in the BTC prices.
and
2)
fail/refuse to sufficiently buy. Anything else need to be said about this guy? Perhaps he continues to wait for a dip? A dip that never comes sufficiently enough to his liking, and he would have had been way better off to just ongoingly buy, but instead he is worried about dips and that he might have had been able to buy at cheaper prices. Counseling such a guy to just get started and to buy at any price does not seem to work, since the guy remains scared to pull the trigger and press the buy button. These guys tend to be ongoingly scared of buying the top, and they don't want to look foolish for buying the top, yet they ongoingly look foolish for failing/refusing to get started and establishing a system of ongoing, persistent, consistent, regular and perhaps even aggressive buying.
**Edited my above two examples.Hello everyone, Im back!
After a long, involuntary pause it simply wasnt emotionally viable to stay on the forum following the unforeseen economic event that forced me to liquidate everything a few years ago. Little by little, Im getting back on my feet financially, with fewer resources and a zero balance in BTC, but I hope that with small purchases and just HODL, Ill be able to recover something even a tiny portion of BTC.
Im absolutely thrilled for all of you, seeing that the price levels we talked about years ago have finally been reached
and surpassed!
(And yes, I confess with healthy envy for missing the 100k party
but genuinely happy for you all!)
I still firmly believe in
BTC, of course, and time has proven that we were not wrong. A big hug to everyone still here!
Ill try to update the List of Exchanges since 2011
https://bt.irlbtc.com/view/5090869.0Today I started buying a bit of
BTC again this is my first purchase. I have a long way to go to get back to where I was.
#StrongHatsWelcome back.
Do what you can in terms of buys, and try to buy weekly for at least 4 years without even thinking about the price, and then reassess where you are at after 4 years to figure out if you might need to make any significant tweaks to what you are doing or just that you continue to stay with weekly buys.
it can take a couple of cycles or more to really build up a reasonably-sized bitcoin stack and also to be able to hang onto such stack by making sure that we are otherwise not going to have to sell any of our coins at a time that is not of our own choosing, which means we need to build and practice strong cashflow management systems/practices that include back up funds.
Can you guys stop being depressive all the time? This is not what I signed up for. Be better.
If you are still hung up on the cycle theory look back. In 2017 it went down from $7000 to $5850 or so in November around 16% decrease. In 2021 as well but the dates are more moved because the peak was reached in November and not in December like 2017.
When am I going to see some positive posts and fun ones?
And that's why I am buying dippppp!
you know like that song 'don't fear the reaper'
my new lyrics are 'don't fear the dipper'
Sirazimuth?
Are you there?

EDIT: Now it got me too

Worst bull-run ever.
After reading this i was singing (in my mind):
"wake me up when this bull run ends"
by the well known sound of Green Day's "Wake me up when September ends".
There is another popular (rock pop) "wake up" song from the 80s..
by Wham. "Wake me up before you go go."2018
BTC crashes to 3k
2023 2022 BTC crashes to 16k
2025 2026 BTC crashes to
104k ? next year we will hear
BTC crashes to 500k
HODL

Your basic numbers are wrong, and yeah I get your point about the lack of severity in the crash.. but you are likely reading too much into a supposed crash and comparing it to prior crashes, since we might not know the crash for the cycle, yet. Right now we merely have a correction that might end up extending itself into crash status.. yet we are not at a point of "crash" yet. We should not let others create our framework or fail to recognize/appreciate the numbers and/or timelines in order to make a factually accurate framework to support the point that we might be trying to make in a hopefully convincing
(and hopefully? factually accurate) way.
You think it is over now?
Me thinks not

We will be back hitting new all time highs within a few years, I am certain of it but yes, the bull run is over.
You wanna bet?
Oh wait?
Aren't you that one guy?

You think it is over now?
Me thinks not

We will be back hitting new all time highs within a few years, I am certain of it but
yes, the bull run is over.you seem so sure, you should sell everything and buy back lower, no?
hahahahahaha
You are correct.
The level of whine coming from LFC is becoming so great, and even getting up to "irritation" levels.
I would suppose that since he (LFC) sold some decent chunk around $120, he does likely have a bit of a dilemma regarding when (or if?) to buy back in... so now he seems to be rooting for down in order to hit some kind of a target buy back in price.. Ie talking his book to some extent.. .. so it seems, even though, yeah, he likely has some belief in what he is saying, too. Go figure?
Sequans (SQNS) just became the first Bitcoin treasury company to sell their Bitcoin at a loss. They sold off 970 bitcoins to pay down convertible debt, calling the decision a tactical move given current market conditions.
What market conditions are they talking about? Will we see more treasury companies start dumping at a loss now?
Yeah but so what? Are the sales from weak-handed and overextended treasury companies going to be enough to change the direction of the bitcoin market or just cause them to end up being the same or similar to mindrust in March 2020 and/or Germany in September-ish 2024 (or similar OgNasty's sub $60k selling of BTC in late 2024 to buy a Cybertruck)?
Sure, in the aggregate a lot of small players can add up to a lot, yet I doubt that we are (yet) at that point in the cycle of the market.
But hey whatever, your milage may vary.