Post
Topic
Board Speculation
Re: What is going to happen with Bitcoin now?
by
Adbitco
on 11/05/2024, 23:24:04 UTC
Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious.

I guess before investing, OP did not carefully learn about the history and volatility of bitcoin and he mistakenly thought that the bull season would come immediately after the halving. Currently, he is feeling disappointed and depressed because things are not going as he thought.

But whatever, OP, we are getting very close to bull season, I hope you can get through this period, don't give up now if you don't want to regret it later.
I don't think is normal for someone to just invest in bitcoin before halving and expect to make serious profits after halving because bitcoin is not a ponzi scheme where someone could invest and expect 10x of it within few month or for just the first month of their investment. As an investor he must learned to be patient and wait till the we gradually sink into the bull run, then could sell as he wishes if he is not holding for long term other than short term. Most time people who invest in short term always feels disappointed towards the overall performance of bitcoin.