Post
Topic
Board Bitcoin Discussion
Re: It's nice to be back again on Bitcoin @50,000$
by
TimeTeller
on 25/04/2021, 21:46:51 UTC
Hello all!

I want to share my cool experience about holding Bitcoin.

I become busy last year and decided to totally disconnected on crypto market or news to focus on my studies and extra job to earn despite pandemic last December 2021 when Bitcoin is on the early Bullish trend. It's really good to see now that my Bitcoin was already X2 the initial money that I earn on signature campaign here. I never though that Bitcoin price will go this far and I decided to take some profit although the current price is at correction.

Really happy to choose holding rather than convert it fiat by the time I decided to leave crypto.

First, I believe the OP meant December 2020 here.  Wink
But congratulations for seeing your earned btc to grow in value, even if we are now at 50k, still it is way higher than last year.

I'm fairly new to BTC.  When I bought it BTC was hyped on YT.  Now during this dip I'm seeing YT videos saying we may be in a bear market.  Do they mean bull markets and bear markets happen monthly because that's how often I see peaks and dips on the graph since Jan 2021.  Or do they mean we are in a bear market like 2017 -2020?  How can we be in a bear market the minute all institutions entered the market and when the NYSE is about to register BTC and all the infrastructure is being built for it to become the new gold?  In 2017 we ran up to 40k w no infrastructure or institutional interest.  Its seems to be a different BTC environment now, no?  Nothing like 2017.

Most YTers don't know what they are talking about.
Bull or bear season is a very subjective matter. So they can say anything they feel that can attract subscribers.
I believe not many YouTubers have real experience in crypto that can give better insights to beginners.
Maybe, better for you to roam around this forum as you can read a ton of knowledge/opinions/insights or whatever you may call it.