Post
Topic
Board Speculation
Re: Will Bitcoin Always Be in an Uptrend?
by
Distinctin
on 31/05/2024, 14:08:44 UTC
We are still not at the time it should be going up, I get that people think that we are going to get higher and higher, which isn't really that impossible and we may actually do that, but we need to realize that we are going to make some return for sure.

I feel like we just need to give it some time, most usually the fourth quarter is when the increase starts during bull years, and because of that I feel like we have a few more months before we can start. I would suggest getting as much as you can now, before that bull run starts. Obviously, after a year or so, we will peak somewhere at the top, and I would suggest being careful because we are going to end up with a lot more stuff in the end, we should probably just see bear in 2026 most likely.
I believe everyone got high hopes with bitcoin most particularly newbies that we will see bitcoin price in a consistent price increase. I think that would only be possible if bitcoin stops being volatile, and create a fixed upward movement regardless of the condition of the market. However, despite of bitcoin’s unpredictable price, still we are seeing at the moment a slight upward motion for bitcoin, which I think is understandable since we are heading for this year’s bull run.

Yes, patience is the best solution for now. If you can’t do it, then I don’t think you’ll make it big here in the crypto market. Although short term investing with bitcoin is still profitable, but if we can make it big and be patient, that would be more satisfying.