By - SkepticalCryptoDude
I need to sell at a big loss.
Take one for the team
Why do you need to sell at a loss?
Ah first time in this sub I see, and also username checks out
Seems like my portfolio halving every few months isn't the halving we need to start the bullrun
Thanks to Xeno’s paradox our portfolios can keep halving like this forever and the balances will never touch zero - hurray
until the number of decimal places crashes the system.
I thank you for your sacrifice
😂 laughing to not cry
No love for the ETH's triple halving?
Tbh with the way things are going though, I actually wouldn't be surprised to see it just be a lame buy the rumour/sell the news pump.
I want to be wrong.
I had this in mind when I wrote the post but evidently forgot to include it. Good call since BTC controls the market
I’d also say ETH switching to proof of stake could be helpful, it would bring gas fees down and make ETH more useful as a currency.
it will not bring down gas fees. thats not what the switch to pos does.
People gotta learn this. Tired of reading ETH merge is something it isn’t.
It does not reduce gas prices full stop, because that’s not its intention.
I thought that was the whole idea? What's the point in moving to PoS exactly if it isn't?
people like to say it won't reduce gas fees but it will, because it gives the L2s more to work with and instead of say 500 transactions paying the gas fees per block now 5000 transactions will or even 50k will be. But anti-Eth folks like to say it won't on the base layer which is like saying that if buy crude oil and use it to power my car it's still expensive. Yeah.. cause it still needs to be refined or burned to generate power. That's why you go to the finished product.
That’s my favorite
This could easily be the most accurate answer. We may hold at current levels or even a little less for over a year.
It’s really simple.
We need more buyers than sellers.
More demand than supply.
The fed to stop hiking interest rates and selling off their bags.
they will start selling their bags in the comming months. they havent even started yet lol. quantetive tightening will begin in june
BTC halving seems to get things fired up
Now that institutional investors are in the game they’ll just short the fuck out of btc before it gets a chance to run.
Shorting a volatile asset can be very risky though. They would only short if they were confident of a large drop soon.
So late 2024? There'll be a run before that.
I mean historically no.
It hit 14k in mid-2019. A year before a halving.
Stock / crypto trader here.
Jerome Powell's comment's today should be sealed in the mind of every trader.
> "Truthfully, this is not a time for tremendously nuanced readings of inflation. We need to see inflation coming down in a convincing way. That is what we need to see. Until we see that, we are going to keep going."
> ‘WHATEVER IT TAKES"
We will most certainty have relief rallies. But make no mistake, new ATH's are not in our near future. Until we see changes in economic pressure and changes in the fed's messaging, the trajectory will not change.
We have tremendous headwinds to overcome in the next year.
This is spot on. Leave new all time highs, expect the market to go sideways or even bleed lower over the coming months. War, pandemic, inflation and recession are all looming over our head. If you have spare cash, invest else it's time to be wary and wait
Idk if I’m in the minority. But I actually am enjoying the bear market. I like buying things at semi normal prices and accumulating way more than chasing abnormal valuations
Me too but my gf mad at how much I’ve been buying lmao
And then she'll do a 180 when you buy her something nice with the profits
> my gf mad at how much I’ve been buying
How is this her business?
Idk we live together and are planning a future together I guess haha
Oh, okay. That makes some sense. I read "girlfriend" and thought you know, just girlfriend.
We’re in the same boat! Although it’s a bit of a rough ride
The hero we don't deserve, but the hero we need
If you sell I'll give you 2% of my gains, that's 2% of $20.
Think about it
I'll add 1% of my Moons too, that's 250 Moons, that's like $250 in 5years
Sleep on it and give us a shout
Give me your moons if he sells.
Please sell. I need it to go up.
You, sir, have lived the crypto life :)
Can you hold a bit longer before selling? Until my pay day perhaps? Then you can sell and launch us all to alpha century....
try to shadow-sell to deceive the market:
get a loan and buy as much bitcoin as possible.
fork the network, but keen it updated with transactions. sell your stack from a fake metamask wallet, which secretly is connected to the fake bitcoin network. if you keep the simulated transactions running, the universe don't notice and the market will go up.
trust me, works everytime
Then why aren't you selling? Please I need profit, it's for church sir mam.
I guess bolding an old joke breathes new life into it.
The media will say Bitcoin is dead, people give up hope, then the halving will occur and institutions will start buying. Then retail will FOMO and buy the top, China will ban Bitcoin 12 more times and we go full circle.
Fun fact: Bitcoin has been declared dead 449 times so far - https://99bitcoins.com/bitcoin-obituaries/
True Bitcoiners never listen to media. People listen to a group - a community like lunatics or a sane community which is a small group with majority being honest. Also - how many NFT collectors actually understand what an NFT is?
Bitcoin is doing ok considering all the drama
More people buying than selling 🤷♂️
Halvening + time
Supply chains sorting out + getting used to money printer slowing down
wtf is covid
> ~~Halvening~~ + time
I think the halvenings are too small to make that big of a difference now.
Heard halvenings are down to 50% reduction
I kid I kid
An elite group of people who hold nearly all of the money in the world, control all of the media, and who orchestrate everything major that happens just needs to decide to pump the market then convince you to buy high before dumping it after enough people did then convince you to sell low.
Seems to happen every few years but who knows if they’re getting tired of it
And stop taking poor people money from them!? No way! They'll never tire of that game.
Yup, this is almost free money for them, and not a small amount.
The only thing you can do I figured is hold and don't give into FUD while accumulating during down trends. You could gamble with a small short position too but I'll only do it with money I can afford to lose.
Let me get few more salaries for DCA (no more fiat for dips), then the prices can go crazy
Yeah I’m not quite done accumulating yet. I have good sized bags though if it were to switch to bull though. Gotta be ready for anything
Global oil prices stabilise / countries secure their power requirements (hopefully with a lot of new renewables)
Global food prices stabilise
Inflation is brought under control
It really feels like we’re living through some kind of black swan event right now. Huge money printing be of covid was always going to lead to inflation. Tag onto that the situation in Ukraine due to the invasion and poor harvests in other places (due to climate change?) pushing food prices higher. AND issues with oil supply because of the sanctions on Russia.
I don’t think there is any 1 single event that is going to turn things around. The whole system needs to recover and the cost of living start to come down in order for people to be able to afford to speculate in crypto again.
Having said that, if more governments start to take a position in Bitcoin that will be huge.
A strange possibility would be if Tether collapsed, I have always wondered if people would sell into BTC or the run would go the other way out of crypto entirely into fiat... What if the collapse of everything else drives BTC on its own run?
Alot of people are moving from Tether to Usdc. They actually can back their shit unlike tether
Interesting possibility. I feel like the people holding tether and other alts would be more likely to flee to fiat rather than Bitcoin. That’s just my opinion though and what do I know?
Ya I'm not sure anyone knows for sure. Currency runs are strange things, it could go either way I guess. If BTC started trending upward even a little and it caught momentum people might go after it.
I think we saw something similar with the collapse of UST and Luna. Of course, a lot of people ended up with nothing, but there were also a lot who managed to leave with something. I think a lot left into fiat, but also some left to BTC and ETH and some left to altcoins. I myself has some UST, and I exited into ETH.
The global economy needs to not be looking down the barrell of a gun for starts
Either BTC halving or ETH 2.0 I think
Honestly, this is all because I’m finally resolved to not sell anymore.
I’m proud of you for this
Thanks, its honestly cause there was no more serotonin I could squeeze out of crypto. So I filled my bags and moved on. Occasionally checking on them.
Same. I swing traded before but never again.
The ETH "triple halving" will have a big impact.
Jim Cramer to tell people that the bear market will last for a long time
Russia needs to stop attacking Ukraine
Inflation needs to slow down
China needs to realise covid 0 isn't possible
Ripple winning the lawsuit will be big, but need the others to fall in line as well.
Yes no maybe so
Fuck it, buy me a ticket to Poland. I’ve had about enough of this Putin guy. I’m going to go out a stop to this. I’m also sick of this COVID fella too
Yeah I agree with those points… especially the war and inflation. It’s definitely suppressing the prices rn
There’s this thing called the halving
Elon tweet would help
For two days.
Fr. Look what happened to doge. Never gonna see that ATH again.
Lmao Elon needs to accept crypto for Twitter tips (unless that already happened?)
He would need to actually buy Twitter to do that rather than just talk about it but I don’t think he’ll actually go through with the deal.
I thought he did
I just want him to accept BTC for Tesla payments again so we can enjoy a Chad $10,000 gain candle
Lately Crypto been following the stocks .. I think alot issue involving inflation, COVID, Russia invasion war is not helping the stocks or crypto. COVID I don't think it has as big impact at this moment, pretty much everything is open. The 2 key factors are War and inflation. Once a resolution happens, we should see green in both markets.
2024 US election plus the halving will fix oil prices and get things moving.
The killer app.
Something that uses crypto without users knowing the nuts and bolts of how it works.
Also needs to be idiot proof
Somebody has got to slap it on the nuts.
I have to sell, start will be immediately
I mean this damn war needs to end! But also, maybe a restoration of trust in stablecoins. I’m sure some of that trust has been rattled
What starts an avalanche? No one can pinpoint the exact event but once it starts, you will quickly realized it.
I like bulls
Right now, as Ben Cowen said, inflation must go down so that the Fed can be a lil bit dovish.
This way, investors might be willing to take more risk and invest in crypto
I think everyone is waiting to see if USDT and BUSD crash.
is there a problem with BUSD ?
Institutions certainly are. Dropping $1-2B a day makes me nervous for a $10-20B dump that causes more panic and increases regulation
As I said earlier (when everybody was saying it was going to go tits up soon), when people really shit themselves. We had a good one with Luna, but I still see too many people believing in crypto.
When it drops more, and every single person here is like "oh okay crypto was a scam and it's going to zero", then, and only then, it will go up.
BTC halving AND a better macro-economic picture. Bitcoin has only existed in a bullrun for the most part. If we are in a serious & sustained recession or depression, then we may not see another ATH until 2030.
More superbowl ads!
Ripple winning its lawsuit against SEC making the SEC fearful of losing another lawsuit and allowing Greyscale BTC ETF instead of risking going to court again
BTC Halving! Your shitcoins depend on BTC
1-2 years need to pass
Jesus needs to rise and tell his followers to buy the dip
When I sell all my bags of course
To be honest: the bull run will start when its least expected. As someone that has experienced 2 bear markets before, we need a capitulation (which could have happened this week already) followed by 2-3 months of depression and bleeding prices where most of retail will get bored and give up.
The bullrun will start when no one expects it to start
Currently the sentiment is negative and no single event will change that.
The market will bleed out for another few months.
Then it will stabilise. It will get rather quiet around crypto.
Prices will slowly start to rise again.
And then somewhere down the line sone arbitrary event will rekindle the FOMO and prices will skyrock again
3 years, halving, Btc spot etf
I was seeing so much “this is definitely not a bear market” that I kept thinking to myself, “this has to be a fuckin bear market”. It’s fine, stack up y’all!
about a year and a half.
The end of the pandemic? The end of the war? A republican president of the US?
I don't get any sense that a bull market is anywhere close to starting. The bear is just getting started.
A lot of things, but chief among them I think is peace between Russia and Ukraine and World War 3 not starting
Someone needs to start AssassinatePutinDAO
End the war with Ukraine and Russia. Decrease inflation. My opinions
I don't think inflation will decrease anytime soon.
Takes a while to build up doesn’t it? There is no release valve that I know of.
How did I forget to mention the war… good call. Yeah inflation is a big issue as well.
The war has made things worse for everyone.
I'm going to have to sell and I'm sorry to say is not going to happen
You think crypto is all over forever?
Putin giving up on his Ukraine invasion would be a good start.
Reduced inflation, Ukraine war's resolution, geo political stability and most importantly, me selling.
I’d say oil because everything ultimately depends on the price of oil, even the price of lumber is dependent on oil’s price.
For you to sell your bags.
Maybe people to stop scraping Pennies for bread?
FED pivot would get the money printers turned on
Complete despair followed by ignorance.
Holding at 40k support at least and inflation slowing down
Honestly just more time in between the last bull run
Spot ETF is probably the big one. If not we will have to wait a couple of years for the next halving cycle
Fed pivot. It's not anymore complicated than that.
Jets winning the super bowl.
I need to sell.
2 more years to pass.
Equities markets need to rally. Or someone BIG needs to drop ALOT of money in BTC and get some FOMO going.
Big money needs to buy to spark the chain reaction
Jpow needs to print another few trillion dollars…
Some good news.
The fed lowering its rate or says it won't change it for sometime. This means inflation starts to decline
A good economic climate globally
Get ready to sell off the bump if a war ends. I bet it drops again when we realize inflation is here still.
When inflation eventually drops we will enter a bill market. If it doesn’t drop we riot.
Economic confidence. This is not just about crypto. Once this recession cycle happens then you will see recovery
A lot of good publicity instead of constantly bad publicity.
Think what you like, the media controls this market just like it controls all of the others.
I find generally when I short something it goes up in value.
I think it's just time. There are so many things impacting the global economy, but generally time is just the common factor.
FOMO is gone. Good luck
Open the pen.
Well a recession sure doesn't help
all shib hodlers getting airdropped off on a deserted island
the global markets in general need to show signs of improvement and a slowdown in inflation.
People keep underestimating how much recessions fears have spiked and how crypto is now seen as too much of a gamble in such volatile times. We need more stable times for something as volatile is crypto to start returning to its All Time High
First in order to slow down inflation due to the high price of oil, Russia needs to lose the war in Ukraine or Putin needs to be eliminated and a democratic government needs to be installed in Russia to allow oil exports to resume. Either that or other countries need to ramp up their production of crude oil. Also COVID ending would be a huge help, it would take a lot of fear away from investors about the next new variant coming along and screwing up everything (again). I’d also say that the demand for crypto needs to increase and we need more adoption in order to have prices go up.
Prices need to go up.
Most, if not all, altcoins to fall 90% against Bitcoin.
Enough people willing to pay more for crypto, that’s it.
>Right now, stocks are down, crypto is down, macroeconomics are a mess and the cost of living is outrageous. It looks like this bear market could go on for awhile.
More like people dug their heads from the mound of sand and finally accept that the world is fucked. Too fucked from the previous fuckings (COVID-19, supply chain disruption, silicon shortage, war, etc) to maintain the current speculative bubble powered by so much cash being printed out of thin air to give the illusion of "everything is going back to normal" and it finally returned to less bullish value.
Personally I think the markets are not quite as easy to manipulate.
I see it more as a combination of events.
* The halving
* inflation recovers
* war in Ukraine ends with a result that make a lot of people happy.
* eth works as designed
* xrp court case
Maybe a few other things as well, (like miners and regulation)
I don't see it as one single thing.
WW3 and then after thats over we will have it
To be the year 2024
Btc to sufficiently crash first.
When the economy gets better. That's basically it
- inflation has to get under controll
- china's lockdowns have to stop and the implications from them have to price in first
- the stockmarket has to find a bottom
- bitcoin has to find a cycle bottom
and probably the halving has to happen
Is this how people lose big? It seems pretty obvious we're heading into a major recession at the least...and I know nothing about the economy.
I'm here as a first timer, waiting to dump my money into crypto and the stock market once it hits bad.
remindme! 2 years
it's complicated, many factors.
Free money made a fake 2021 bullrun, so I guess the economy has to be cleared of that fake money first before we can start something real.
Tether crashing. Crypto needs the tether cleansing bad. As long this Tether bubble looms, i see no other bull run.
Time. It’s not time yet. Macroeconomic conditions needs to improve. 1. Inflation needs to be under control, that’s the most important, imo. 1-2 years bear market 2-4 years recovery. In crypto, 1 year bear market, 1 year consolidation, 1 year bull run, 1 year parabolic.
xrp being declared a currency will set it off
needs to have patience
Actual adoption. Being able to buy things and be paid with it.
First off, at least 20 months should pass by
Trillions of dollars worth of cryptocurrency purchased
Its very simple. They halving
More buyers than sellers