⭐ Merited by STT (1)
History shows us that the most influential thing to the price of bitcoin is the adrupt halving schedule when the block reward is cut in half, it has a huge effect on the supply/demand of bitcoin.
If you look back in 2016 the thing that kept the late rally of 2015 going was the halving that happened in July 2016, see below how the halving led to 2 subsequent rallies.
https://www.coindesk.com/bitcoin-halving-2016-will-price-rise-fall/
It's extremely important to realize the scarcity built into bitcoin and how it reflects digital gold, once you understand this you can hold with confidence even at huge losses because you know that alot later, years later, the price will be much higher.
Keep an eye on when the next halving will be (2020):
https://www.bitcoinblockhalf.com/
But also keep in mind that good news could come out too that could really make the price go parabolic.
OP just asked in general when do people think the next bull run in bitcoin will start, not your opinion on whether or not you think he is a newb and if he invested more than he is willing to lose, how about next time you actually give an educated response to his post instead of just rambling about stuff he/she already knows and make them feel worse about their loss.
If you look back in 2016 the thing that kept the late rally of 2015 going was the halving that happened in July 2016, see below how the halving led to 2 subsequent rallies.
https://www.coindesk.com/bitcoin-halving-2016-will-price-rise-fall/
It's extremely important to realize the scarcity built into bitcoin and how it reflects digital gold, once you understand this you can hold with confidence even at huge losses because you know that alot later, years later, the price will be much higher.
Keep an eye on when the next halving will be (2020):
https://www.bitcoinblockhalf.com/
But also keep in mind that good news could come out too that could really make the price go parabolic.
Ah, another newbie asking a question that nobody can't answer. I understand your frustrations your disappointed, and who wouldn't be? we put lots of money in the market and then suddenly it went on bearish trend. Question though, did you invest want you can afford to lose? If your answer is Yes, then no need to wait for a bull run because you are not losing your money if you are not selling.
But if you invest and hoping to get rich quick, then sorry to burst the bubble, your are in the wrong market. No one can tell you when will Bull runs starts because if you just look at the current sentiments, we are struggling. So it might be next month or next year. I suggest you just stay with the market and wait till the bull run happens.
But if you invest and hoping to get rich quick, then sorry to burst the bubble, your are in the wrong market. No one can tell you when will Bull runs starts because if you just look at the current sentiments, we are struggling. So it might be next month or next year. I suggest you just stay with the market and wait till the bull run happens.
OP just asked in general when do people think the next bull run in bitcoin will start, not your opinion on whether or not you think he is a newb and if he invested more than he is willing to lose, how about next time you actually give an educated response to his post instead of just rambling about stuff he/she already knows and make them feel worse about their loss.