Quote from: el kaka22 on January 26, 2019, 07:08:37 AM

Quote from: Kemarit on January 25, 2019, 10:52:47 PM

it doesn't matter if this is the longest bearish trend we have ever seen. What matter is that Bitcoin is still here and if history has something to tell us, this bear market will eventually end and a new cycle begins. Don't be bothered or annoyed by those statistics, you just have to look into the future and make a good plan.

No one could disagree that bitcoin is gaining popularity day by day and the adoption rate is good compared to what we had some 2 years back. By considering these, we cannot expect this bearish trend to persist for long. Prices may get double within the wink of our eyes. New cycle may start at any time. Unfortunately, the downfall in last year happened just followed what we had in 2014 but I believe that must be a coincident and we may not have all the things to be repeated. I always believe into exponential growth of bitcoin prices and it happened like $1200 in 2013 and $19,400 in 2017.

Quote from: Kemarit on January 25, 2019, 10:52:47 PM

Don't be bothered or annoyed by those statistics, you just have to look into the future and make a good plan.

Yes, history may repeat but it does not need to be an exact one. Bitcoin rises and falls because people do trade it. But, in long run it keep rising alone and we must look for making use of this alone. This must be a good time to accumulate as much as bitcoins we are able to buy and hold with a plan of long term holding.

Agree, if there's something we have to learned from the past bearish market is that its the best time to accumulate as many as you can, let is sit in your wallet for a long time and wait till the bulls take over the market again and then delay your decisions to sell until such period when it reaches its peak or close to the top and book your profits. This has been the proven formula of early bagholders, and its very effective method.