Dear Diary: What If Another BTC Bull Run Is After 3-4 Years?
Maybe I could still survive for another 2-3 years with my saved money but with 3-4 years without a price action from bitcoin I will start to panic if I will not be dead by then. It is because of my needed medicine which is expensive and will truly drain me if I will not be able to earn to sustain it.
We still do not see the bottom price of BTC so only after that we can go sideways for a long time (maybe) if no substantial good news will arise then the shaking will continue. That scenario is threatening my existence given the fact that I only have a few baskets and they fortunately or unfortunately consisted of cryptocurrencies.
I just wished that the thrill of 2017 would come back, it is the time that BTC was creeping up and maybe until then the bull market will get revived again and make the crypto space "great again" because it is just good to trade if BTC was doing like it had done a year ago.
But months and years passes by so quickly especially for a sedentary individual like me so maybe I can wait but if my body cannot anymore then that is okay my history is done already and I will just be happy for the people after me that will continue to use cryptos to alleviate their sufferings in their own lifetime. I just want for God to bless the crypto space because it can and is being used for good of many and me being the best example for that.
Being an Investor in all kinds of financial instruments for 20 years ,I have experienced several Bear Markets.
Not to scare you but they can last for years. Trust me.
There is no telling how long this will last. Could be 5 months or 5 years. No one can really estimate.
I would say its a safe bet that 2019 will be more of the same where prices hit extreme lows
Yes Sir I heard that it really can get that long so we just have to really wait.
I hope cryptocurrency comes up too. Last winter we were paying our bills using crypto. YouTube had cut my pay too low to make our bills so cryptocurrency filled in the gaps.
Steemit was big back then as well and I made some nice money during the months I was working heavily and daily on it.
When cryptocurrency fell, I had to shut down my mining rigs. I had 40 graphics cards running at that time. Now I only run a few when the sun is shining brightly on our solar panels.
Many people are predicting that cryptocurrency will once again come back to a higher level. I sure hope so. Life was better last year.
I realize it hits you very hard. Very hard. I pray it turns around for your sake more than anything else.
I just pray that we just hit the bottom price because of the negative effects it will do to me Sir or none of my plans will get into some kind of reality.
Yeah, I know.