Quote from: jaberwock on Today at 11:16:58 AM

Quote from: senyorito123 on January 27, 2022, 10:55:02 PM

Basically this means a stressful days for huge numbers of traders who remained waiting for so long, and yet fears comes in with the market. All those things is a great factors to consider buying but a case to case basis because more people have been playing so dumb with it. Specially the whales have been taking their steps now, when you panic sell their buying powers is already prepared to take it confidently. So the best options if you have your holdings with is to hold it and hold until another bounce comes back.

I do not think that people should be afraid to hold things right now. We are in the bear market and obviously all things will be lower right now, but hodl them as long as possible without putting yourself in financial strain and you will be able to get out with profit when the bull run comes.

People who bought the ATH back in 2017, ended up with a profit in 2020, that is around 3 years worth of wait, and maybe it will take that long this time around as well? Or maybe people who bought at 64k during late April last year, had to wait until October to profit, so that was quick, who knows maybe in a few months we will be like that too? I believe that it will take until summer or at most October/November period, and we will break our ATH again for sure, but I can't guarantee anything, so that is why I am doing it myself and giving out advices.

2021 was definitely a big break for bitcoin since it was able to reach multiple all time highs. But what's next? Starting this year 2022 with a bear market? I think that's what is happening right now and we can see most of the coins are experiencing price decline. This makes most investors to fear in the market and panic. But we are not supposed to feel like this, instead we should be thankful that we are given another opportunity to buy, and not to miss chances again. This is the best time to buy while bitcoin price is still not surging.