Quote from: tbterryboy on June 30, 2022, 10:05:52 AM

Quote from: wmaurik on June 29, 2022, 10:21:11 AM

I am more confident that Bitcoin will rise again as it did last year and also as it did a few years ago. The focus that you offer is indeed very good, because for now everyone is better at buying and holding Bitcoin than having to sell everything. Yes, the market is not completely predictable, but trust that market conditions will improve again after this downturn.

That is what bitcoin does, it rises and it falls and it repeats. That is the most guaranteed thing you can hear today, even if everything else fails, bitcoin will always go up and down. Which means that we have been down for a while and that should be going up again, it's about time. I am not saying that it will happen today, but let's be honest crypto has been around for a long enough time to know that it will do well in the future.

We need to just stay back, relax and not screw anything up. If you end up doing something that will ruin all the chances we have, then we are going to end up with a big problem and nobody would want that to happen.

The cycle seems to be a difficult one these days. We dropped under 20k all over again in a single move, all it took was a whale and that is why we are down again. It means that the cycle gets stuck sometimes. Yes it does go up and down and that is cliche and that is known.

However, how about the fact that sometimes it goes up and down more than 50%+ and that is a volatile period and we are used to that, but at the same time there are times when it goes up and down under 10% difference like these days? In that situation I feel like it's stuck and can't move, it goes up 10% and then goes down 10% and that's it, which is nearly stable compared to what crypto can do. That's the part people dislike the most.