Post
Topic
Board Speculation (Altcoins)
Re: what do you expect from cryptocurrency?
by
klidex
on 30/12/2022, 11:16:48 UTC
If you look at the market trend until now, even today the market is red again, so we can't expect too much, now is the time to keep buying because the market is dipping, in 2 years I'm sure there will be a lot of altcoins that have skyrocketed 10x or more, don't panic and think short term.
It seems that it is and we better be realistic with the existing market conditions,
we also never know when a bear market will end,
it is better to remain patient waiting for the bulls and as much as possible to take advantage of the bear market
It's likely the bear market will end after next bitcoin halving. By there we have to remain patient, without despairing ourselves and losing hope in bitcoin, what can be hard for some investors, since we don't know if we have reached the bottom yet. In my opinion 2023 can be a stable or a bad year for bitcoin, but not a prosperous one. So hard times may still be ahead for crypto enthusiasts.

Anyway, the short term isn't to be trusted. Even if we were in a bull run, we could never make decisions based on what is going to happen soon. The goals in crypto universe must be drawn always thinking on long term, that is: period of time in years, and taking bitcoin's cycles in consideration.
means we need to wait for another couple of years before it finally ended because Halving will come in 2024-2025 in which several years from now but I can fully understand the sentiment because we have seen that happened for how many times before.
Bitcoin and other crypto are only making pump after 4-5 years.
Actually time is not a problem for an investor even though they have to wait in the next few years to wait for a bull market to occur and be able to take big profits from investing in altcoins and Bitcoin, of course.
In conditions like this we can take advantage of it by taking Bitcoin and altcoins which have the potential to experience a significant increase in price when the Bitcoin HALVING occurs in the next few years.
This will definitely happen and can be seen from the market history in the past few years.