Quote from: Xampeuu on August 03, 2022, 06:31:20 AM

Quote from: lizarder on August 03, 2022, 05:30:32 AM

Quote from: noormcs5 on June 18, 2022, 12:14:00 PM

Bitcoin has broken the all time high of 2017 and now it is around 19,000$. The worst part is that even on these level, we are not seeing any pumps and look like price may fall all the way to 10,000$ or even lower.
Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ? Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?

For now bitcoin is in a 4 year cycle, where we can see the journey of bitcoin experiencing a decline in price, this cycle is almost the same as in 2017 where bitcoin began to strengthen until the achievement of new ATH until 2021.

But after the achievement of ATH, bitcoin is back in the correction cycle as it is now, in 2022 bitcoin is back at the stage of an endless correction, meaning that the correction has not been in the recovery stage until now, now we are in a bear market that is not sure when it will end, but I believe this will end until the stage of complete recovery

Of course the market will have its own trend, where later the reversal will occur. Like this time where the market experiences the bearish season, and all we have to do is react to it by looking for opportunities, and of course the opportunity to buy. This will be different from the Bullish season coming, we must look for opportunities to sell. If you can address the market like that, of course there is no more dramatization in investing

Investment is indeed done at the right time, by paying attention to several things to avoid risk, especially if we try to invest in bitcoin, the opportunities that we have today, greatly determine how the pattern we apply, if the moment and time is right we do it, then The return on the investment that we make will run with the concept of its application, the point is that we do not expect the investment to experience a high level of risk and loss