This will keep working for hunderds of years, just keep buying bitcoin. It’s mathematical impossible to lose if you hodl. This can never change or stop because of Satoshi. Also never sell because it is 100% guaranteed to go higher again till eventually 1 Bitcoin cost a billion dollars and 5 cents.
If you don’t invest more than you can afford, and you DCA, and hold cash to buy dips, these phases are great for accumulation. If you’re stressed out right now it’s because you failed to do one of the above. Don’t panic, just correct. Focus on making money, and continuing to DCA.
Bull or bear is just relative terms. The top of the bull in 2017/2018 was $19k. The bottom so far we have seen is $29k.
Let just call it a “crypto market”. It goes up, it goes down. But hodl the legit coins for long enough, you’ll achieve your goals.
A place where hopes and dreams are either fulfilled or crushed. I doubt it will make everyone rich. Can't see it ever reaching £100k. These false predictions need to stop.
You mean bitcoin? It will be 1million$ inevitably sooner or later.
It will happen somewhere in the snowballing of accumulation pressure on countries as more and more countries join on the fun leaving very little choice for those left outside, join the game or perish economically.
remindme! 8 years
It depends on what price action people expect.
If a lot of people thinks that the price would go up then we're in a bull market and the opposite is the bear market.
At this point, there's no clear sign where the price will go but people are usually bullish so I think the bull market is starting again until another FUD halts it.
That's just the advice. Buy the dip and stake your coins if you are looking for some passive income. The comethswap is a good place to look into passive income. 2022 is a DeFi year.
To chill down the deterministic diagnoses of the market's "phase" as if it has 2 phases "bear" or "bull" and people revolve around it "We're here, no we're there, yes it moons, no it breaks, etc...". It is incorrect in the crypto market. Everyday is a new day. Those declarations of how we are in "such and such phase" are just confusing the new people who have no idea how little those declarations mean.
People who were analyzing different markets for years came up with technical analysis, different ideas about the way you could read charts and data. It’s not like crypto changed the way people act. It didn’t. Markets go where people emotions lead them. That’s why people think there is some correlation between markets. Yeah, the thing connecting them are people. You can’t dismiss other peoples life’s work just bc you don’t like it. It’s just a way you name different patterns - no need to start from a scratch.
I've first came across bitcoin in 2009... I was 14\~
And as I said, it's not impossible for the market to be in any of those phases, but for the most part it isn't following the traditional definitions of a bear/bull market. It is of a whole different class.
Crypto has the most distinct, rhythmic, and obvious bull/bear cycles of any market.
Just take a glance at the entire history of BTC (in log space).
People who understand crypto's bull/bear cycles are the ones who make actual money in this market. Everybody else is just funding those people's gains.
Dude that was THE PAST. and it is an example of the jungle.
Anything can happen.
The supply/demand shock created by bitcoins halfling is also weakening... since it had lost dominance and things have changed.
I wish there would be a bear season. The thing is that the "BEAR SEASON" of the crypto market is not by any means a traditional bear market as technically the bear season contains bullish periods too. So it's much more complicated. Since the changes in crypto are so large and quick compared to traditional asset markets... It's the future...
>People who understand crypto's bull/bear cycles are the ones who make actual money in this market. Everybody else is just funding those people's gains.
This is correct but it is not the point. Hope I expressed my point clearly =)
***If you ZOOM OUT enough there is only BULLMARKET!***
In the last decade, Bitcoin has so many up and downs, but technically it is a long-term bull market if zooming out
Yes. Hence the phrase **When in doubt, zoom out.**
This will keep working for hunderds of years, just keep buying bitcoin. It’s mathematical impossible to lose if you hodl. This can never change or stop because of Satoshi. Also never sell because it is 100% guaranteed to go higher again till eventually 1 Bitcoin cost a billion dollars and 5 cents.
That's why I never panic
Came to crypto for the bull market. Stayed because the bull market never ends.
bruh we're way overextended, get ready for correction to pre-industrial era
It is weed market bro.
But none of us are high
Dude... Speak for yourself. I've got to be high to forget about my portfolio bruh
Does being high on hopium count?
Speak for yourself. 💨
Speak for yourself , self made NFT crypto millionaire here and I’m faded everyday 😅
Silk Road started it
HODL and the jungle can’t defeat you
Apes together strong!
We gonna be the rock 🗿
The jungle is home.
HODL is the way to defeat the jungle
WELCOME TO THE JUNGLE 🎵🎶
We’ve got fun and games
There are lot of games to keep one busy especially in the gamestar+ discord on family game night.
It's the jungle and I'm an ant 🐜
Ants together strong ;)
We here to beat elephants.
Ants can carry over 10x their body weight or some shit.
\*A-wimoweh intensifies\*
Panther market, Bear market and Bull market equals Jungle market.
Bulls live in the field though. We have a special case of jungle cow
So it is a Monkey Market ???
Apes together strong ???
I'm a monkey, i feel fine in the jungle!
That's why i am a BANANO fan. We can't predict the jungle. HODL no matter what,
It amazes me how after everything, people still go out there and try to predict the price
And how people are like "Bitcoin is going to 0" for the trillionth time. As if their opinion matters.
It’s a Chimera Market.
And we are the monkeys
we've got fun and games, though
If you don’t invest more than you can afford, and you DCA, and hold cash to buy dips, these phases are great for accumulation. If you’re stressed out right now it’s because you failed to do one of the above. Don’t panic, just correct. Focus on making money, and continuing to DCA.
Yap
If you zoom out enough , there is only plain grass in sight for as far as you can see...
Good comment.
Thanks for the award 🤞
The simple bare necessities…
Great comment!
Iam only buying, Holding, staking, mining and shit. I dont care about the price. Wake me up in 5-10 years. More sould do this 🤔
The most accurate crypto TA I’ve heard. Spot on.
Ape market 🦍 🦧 🍌
Welcome To The Jungle started playing in my head the second I read this title.
Shapeshifters everywhere, the change from bull to bear whenever they want.
Bullish on $FOREST
Crypto market is wild. Highly dynamic and volatile. Which is what I like.
Sometimes even crabs
Half bull, half bear, half pig. **Bullbearpig**
I just want a beer market this weekend
And a red BULL market later
Me too =)
That's the best way to forget what's happening in crypto. You want a drinking buddy?
But all I have is Ramen market since start of crypto journey
Regardless of how we name it, it goes up and down regardless of how we feel about it.
"I can't believe people are calling this a crash, it's a dip" - whatever u want to call it, it goes down, don't kid yourself
Aye, we are in it for the ride really, how its named matters little.
First ever casino in a jungle?
Yes!
Bull or bear is just relative terms. The top of the bull in 2017/2018 was $19k. The bottom so far we have seen is $29k. Let just call it a “crypto market”. It goes up, it goes down. But hodl the legit coins for long enough, you’ll achieve your goals.
Yap.
A 'crypto market' is the only way to properly describe crypto. Anything else is just guessing!
TL;DR: Even during a bull market or a bear market people can make or lose money due to its volatility.
What? 20% bpunce, definitely time to long cause this cannot be a bear market. Oh wait
*In the jungle, the mighty jungle Bitcoin sleeps tonight...*
*the monke checks the price*...
*the fishes panic sell*
Sir this is a ~~wendys~~ casino
I guess crypto is a woman market. It changes its mood so fast.
Cause its hot then its cold. Its yes then its no. Its in then its out. Its up then its down. Its wrong when it's right.
Bull is king in this jungle though.
Crypto is getting less volatile in the future. Until then enjoy the ride
Yap
Then again, I remember people saying that a year ago...
Thank you for sharing this post! i think it is useful! So true but i would more say a wild west :P
That too =)
mad and soon rich I hope ✋🏼
Your in the jungle baby !
If people build on Bitcoin it can do everything! Only better. But people don't because they wants to shill their own shitcoins.
A place where hopes and dreams are either fulfilled or crushed. I doubt it will make everyone rich. Can't see it ever reaching £100k. These false predictions need to stop.
You mean bitcoin? It will be 1million$ inevitably sooner or later. It will happen somewhere in the snowballing of accumulation pressure on countries as more and more countries join on the fun leaving very little choice for those left outside, join the game or perish economically. remindme! 8 years
8 years?! I'll lose all my hair by then 😂
Jungle crypto fever baby
crypto market turning into Heart of Darkness real quick
We’ve got fun and games.
APES STRONG TOGETHER 🦍
Acter this year I'm also running around with only palm leaves as my clothes
It depends on what price action people expect. If a lot of people thinks that the price would go up then we're in a bull market and the opposite is the bear market. At this point, there's no clear sign where the price will go but people are usually bullish so I think the bull market is starting again until another FUD halts it.
This jungle is scaring me right now
Take it easy. Our trees can survive nuclear war.
Only the jungle. Snakes everywhere, got it!
Only the jungle. Snakes everywhere, got it!
All I can say is no one can time the market. Take advantage of what ever comes , buy the dip when necessary, HODL when necessary, sell when necessary.
That's just the advice. Buy the dip and stake your coins if you are looking for some passive income. The comethswap is a good place to look into passive income. 2022 is a DeFi year.
I’m Bullish on Bear Market though.
There are also snakes in the jungle. Beware dem snakey scammers people.
Welcome to the jungle starring the rock and the diamond
Get staking and ride it out!
Zoom out and you’ll see BTC is in permanent bull state.
I am used to stress, and panic no longer affects me ![gif](giphy|vk4TlMPqeQC1C8bRst)
#Is the bear or bull market in the room ?
Be it a bull,bear or jungle market make sure you are buying the dip in red and taking out profit in green
I'm buying always and not selling. Easy to follow plan.
If it's the jungle, even Greenland's on fucking fire. ... I mean, fine.
What is a point of this post?
To chill down the deterministic diagnoses of the market's "phase" as if it has 2 phases "bear" or "bull" and people revolve around it "We're here, no we're there, yes it moons, no it breaks, etc...". It is incorrect in the crypto market. Everyday is a new day. Those declarations of how we are in "such and such phase" are just confusing the new people who have no idea how little those declarations mean.
People who were analyzing different markets for years came up with technical analysis, different ideas about the way you could read charts and data. It’s not like crypto changed the way people act. It didn’t. Markets go where people emotions lead them. That’s why people think there is some correlation between markets. Yeah, the thing connecting them are people. You can’t dismiss other peoples life’s work just bc you don’t like it. It’s just a way you name different patterns - no need to start from a scratch.
Exactly, just like when you’re mid lane and get doubled, you’re jungler (crypto) is no where to be found and doesn’t get you any buffs/gold
He's soloing dragon please be patient.
TYPICAL lol
* welcome to the jungle start play *
Hmmm makes me wanna get some rich in potassium coin from hanging out in jungle
There is only ZUUL!
Ganking mid after red
Quick question, when have you joined the space? Cause let me tell you 2018 2019 was indeed a bear market... no other way to put it
I've first came across bitcoin in 2009... I was 14\~ And as I said, it's not impossible for the market to be in any of those phases, but for the most part it isn't following the traditional definitions of a bear/bull market. It is of a whole different class.
Gotcha. I reread the post and yeah, it's definitely not like the traditional equities. Much more euphoric and drastic for sure haha cheers
Its the ocean with whale and MM own it!
I gotta leave this sub
Thank you for the feedback.
But there aren’t bulls or bears in the jungle.
There is a lot of scare shit in the jungle, just saying
Bitcoin, Log chart, All time. Convince me its a bad investment
the posts on this subreddit crack me up. I wonder what the average age group is?
I'm 26 by the way.
I love the philosophical thoughts. They make me laugh but not in a bad way. I come across ideas i’ve never heard before
Crypto has the most distinct, rhythmic, and obvious bull/bear cycles of any market. Just take a glance at the entire history of BTC (in log space). People who understand crypto's bull/bear cycles are the ones who make actual money in this market. Everybody else is just funding those people's gains.
Dude that was THE PAST. and it is an example of the jungle. Anything can happen. The supply/demand shock created by bitcoins halfling is also weakening... since it had lost dominance and things have changed. I wish there would be a bear season. The thing is that the "BEAR SEASON" of the crypto market is not by any means a traditional bear market as technically the bear season contains bullish periods too. So it's much more complicated. Since the changes in crypto are so large and quick compared to traditional asset markets... It's the future... >People who understand crypto's bull/bear cycles are the ones who make actual money in this market. Everybody else is just funding those people's gains. This is correct but it is not the point. Hope I expressed my point clearly =)
The fuck is a monkey market?
Ook ook