Quote from: cheezcarls on Today at 12:35:21 PM

Quote from: tabas on October 20, 2022, 04:14:52 PM

This isn't sponsored or paid post by Coingecko.

I was just browsing and saw their post on their Facebook page and it hits me after reading it. A throwback Thursday and it's been a year already since bitcoin has reached $64K+ (actually $66k on CMC's chart as for checking it) and there's more to this price because this wasn't the highest. But considering this throwback and this price is closest to the ATH that we've made last year. I'm sure that many will reminisce that moment when you're about to sell but didn't because you think that the price will go higher until you were not able to sell and missed it. And also those that have bought at the top and then has to hold it until now or sold when it's a bit lower to cut losses.

Well, just a reminder that it's been one year that has passed and there's going to be more to go and hopefully, we go back to that former price and even higher soon as we know a few years from now, halving is about to come.

Source

And until now I still regretted of not holding on to Bitcoin during the long bear market. I decided to sell it until a few weeks later it shoots up to $20k, $30k, $50k, $60k and so on.

I blame myself for being hesistant in buying BTC with my extra not beer money.

Right now, I am at a loss despite doing DCA with Bitcoin. But Ill keep hanging on coz I know one day it would definitely bounce back despite the uncertain timeline. Maybe after the next halving, but no guarantees or promises at all.

Ease your mind. The market has still a tendency to be at that point again we all need to be patient. Avoid yourself from selling not unless necessary or you are needing money but as much as possible don't. You might be aware of this alreadym Losses from a market price downfall are just temporary and will only be permanent if you would sell it at a lower point. And we just don't want that to happen as investors. For sure having huge losses is tough. If you really trust this technology, buying at this point, to add up your asset would be better, as long as you can endure a couple of months more of being in red marks.

Quote from: Minor Miner on Today at 12:35:27 PM

Quote from: Fivestar4everMVP on November 22, 2022, 08:52:44 PM

Halving is coming for sure, but my question is, has halving become the major and only catalyst to bitcoins boom? Does it mean that we will have to wait for every 4 years to experience a new all time high and what is the guarantee that this is going to continue for as long as bitcoin continue to exist?...

What you suspect is true because no one can make predictions for the future, what we have is faith and historical evidence. It is often said that if you want to predict the future, you need to look at history because at some point everything will always repeat itself. I also hope history repeats itself but if it doesn't then I don't worry because just looking at the development of bitcoin we can rest assured that the future of bitcoin is very bright. It's only been 14 years but look, from something scorned and despised, bitcoin is now being accepted on a national level. That growth alone is enough to believe that its future is bright whether we have a halving event or not.

History repeats as well in this industry but don't expect for same thing to occur exactly as it was 'coz there is no consistency with market behavior. The only pattern we can see as investors are up and down trends. So be cautious still.