In Bitcoin's case of having small samples, that's all we have to go on : January 3, 2009 ( inception), December 5, 2013, Dec 18, 2017 & November 10, 2021. Take the number of days between each peak date, to extrapolate and guesstimate the next Bitcoin peak. Remember, guys on TERB are not day traders , just take profits and bail out before the last guy closes the door !
Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
well, if you're not gonna buy it, what's the point ? either buy, stay out, or short it
we're not gonna convince you otherwise
let me add something ...it's not only about fundamentals ...think during the covid run up when, say, Netflix was $700 share .. psychology plays a major role
at the end of the day, does it really fucking matter when you're making money ?
let's say you own X stock and it goes up substantially for an inexplicable reason, do you really give a shit ? no, because you want it go up by the end of the day
Be that as it may, your claim about typical 4 year cycles, is absurd.
Why do people think they can predict the future? Russia may launch nukes in June... then what happens to Bitcoin?
I don't claim to be a cryptocurrency expert and I'm still unsure if digital currency is here to stay or it's a total Ponzi scheme, but I don't mind prospering from it. True, 14 years is too small a sample to get true data and 4 year cycles and guesstimates are absurd, so say the haters from all the previous posts. The average cycle measured from top to top has been about 4.285 years ( give or take a couple of days) and applying the BTC halving theory and law of diminishing returns the current cycle ( assuming that we've passed bottom) is going to be roughly 4 years. If you can't make money in that duration in BTC then stick with stocks and bonds. I go on YouTube and IG and watch/listen to some of the so called crypto expert traders and haters and I find it very entertaining. Half of the population is trying to talk the market up, while the other half is trying to talk the market down ( the haters on this thread ) and the market will find it's own price. I've been trying to beat Bay/Wall Street for over 25 years and have come to the conclusion, you can't ! The market is always right ! 
If you have a position in any market, know where you are in the cycle and don't trade against it. Leave your ego/greed out of the decision.
If you have a position in any market, know where you are in the cycle and don't trade against it. Leave your ego/greed out of the decision.
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On the ride up to $ 69,000 tons of home wannabe day traders lost their shirts shorting BTC with 100% leverage. Conversely, on the way down from $ 69,000 the day traders friends thought the market was going to $ 1,000,000 as predicted by IG/YouTube experts and they lost their shirts trading on 100% leverage. These scammers kept preaching that to make money average down every day. Only the SBF's, Musks, and CZ's of the world made money both ways. The ones that lost money being on opposite sides of the market turned into haters and they will always lose money since they are praying the markets will go up or down according to their position. On this 4 year cycle going up, there is a seller to every buyer. That is what I've learned in 25 years. LOL ! 
and if you haven't noticed, it's correlated with equity markets
FTX did not went bankrupt. FTX was a planned fraud from the get go. The ponzi dried up. No bankrupt here.
That's what people need to realize. You give millions of dollars to young crazy wackos in an unregulated market and you expect them to behave?
Haha fuck it!
Crypto is like a duck floating on a lake. From the surface the duck seems all happy to stroll peacefully away in a beautiful setting. While underwater he's pedaling like crazy just to stay afloat.
He doesn't want people pointing out the obvious truth; since it's bad for crypto.
no, I couldn't give a crap because nobody here can influence it lol
and I already mentioned twitter would be the best platform to spread your words
do it ...not gonna affect the price anyway lolIt's not an either/or scenario. I can do both
if you think it will, go short it but I know you wont
It will affect it as much as you hyping crypto on here will, too.
I'm not touching BTC because we're entering the bagholding phase of it. BTC isn't viable as a long term cryptocurrency solution. It did it's role in promoting awareness of crypto but it's time to pass the torch and the suckers will be left holding the bag.
I'm not hyping it all if you were paying any attention .im not the person saying it's amazing (it's actually garbage as a form of payment and has no other practical use which I don't really care about tbh ) and actually I don't hold any Bitcoin cause the ROI isn't there anymore
"suckers left holding the bag " could be applied to any asset in general ...and "pass the torch" to what ? ethereum ? why don't you buy that then?
you just don't know have the discipline when to pull out as you even admitted crypto is in the accumulation phase and thus another run up is eventually due
The thing that always blows me away about this, is the amount of seemingly smart people that get duped by it.
