Anyone here from August 2017

How was the sentiment?

When did the bull begin?

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april-may 2017

retarded, the bull began 2 years prior, by may 2017 we were in full blown mania, sentiment was investment genius

sentiment was unease through most of july. people weren't sure what the bcash fork would bring. almost immediately after the fork, bittrex listed bcash and the pumping began.

reeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Everything was pretty gloomy here until mid to late 2016. Bitcoin had been steadily gaining momentum until it finally broke its ath. There were a lot of people saying that it would crash back down again, but the difference is that in the previous ath it got there in a matter of weeks, but in 2016 it took months. After January, the price vacillated between 1 and 2k until the bcash fork. It shot up to about 3k in a matter of days and crashed below 2k shortly after. From there it was just a non stop up down rollercoaster until January 2018. It's easy to look at the historical charts and see a straight line up, but there was still so much doubt and uncertainty along the way. Every time it doubled, it crashed hard af and there were tons of anons here who lost everything.

This. It's easy in hindsight to look at a chart and scoff at drops of "only" $1k or something, but, shit, that kind of thing's equivalent to the $20k to $10k drop this year.

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Around that time there were loads of digimarines not selling from the pump and losing their minds. The market was heading downward little by little and some people were just comfy buying the dip. Niggercoin and other waves tokens were popular and people were having fun trading nonsense.

Don't let any of these newfags tell you otherwise.

Everyone was freaking out last year when King Shitcoin dropped from 4100 to 3100. People thought we were gonna break 2500 and plunge to 1700.

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That's why you gotta invest based on principles. Scarcity + revolutionary tech รท fiats inevitable collapse = a no brainer

The bull came out of nowhere. it's was like getting raped by a bull, except everyone wanted it.

this is why HODL isn't a meme, and why you should trade with a longer time horizon, and why DCA is important, etc etc etc

bumping an actual decent thread btw

I wish, I got in during December/January and now am holding heavy heavy bags of an alt coin I believe in. Would like to know what to do now :(

Wait

Who you callin' pinhead?

there was so much Korea and China FUD then all of a sudden it didn't matter anymore

in august 2017 everyone thought bitcoin was fucked with all the constant hardforks like bitcoin cash/gold/platinum/diamond and with the chinese government banning crypto related things.

this

good times

Jan 2015
Boomer here. Bulls come and go, are unhealthy, and are mostly really rich people just milking fools. The best time to buy is after there is genuine fear in the market, like after a big hack. I want binance or coinbase to get pwned so bad. The next bull probably wont be for a while, since the last one burned so many normies.

Don't put all your money in crypto. 30% of your total investments is too high. Seriously, the game is already run by a few large people and groups. Don't expect to get rich quick in crypto unless you're good at scamming people, but you're not. You want to know how I know you're not good at scamming people? Because you're here.

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Bitcoin moon one week then Alts the next week, alternating. Crashes with Jamie dimond, Asia crack down, bcash, bitcoin gold, lots of projects shilled now fading away vertcoin, navcoin. True it wasn't straight up, the gains were made over some short periods. Palm beach confidential, some amazing pump and dumps.

Interesting. In august, how was the sentiment?

Did it feel like despair? Were people red wojaking daily? Were alt coins down a ton?

mass wojaks but it was pure theatre to get people to sell. After the massive green dildoes all the board would laugh at those who fell for the fud and panic sold their bags. You will see on the next run, same will happen

>theres a bull run every year!

Lmao you missed it buddy. Have fun bagholding for years to come if not eternity

it was nonstop fud and fear. It wasnt a sure thing at all that bitcoin would keep going up.
although the china fud back then felt a lot more fake than what is going on now. bitcoin failed to scale, period. They didnt fix it yet so why on earth would there be another bullrun?
imo retarded

december 2012

Not saying that. Infact - we have been going down since Jan, which breaks the trend from last year.

Just curious to see the sentiment of biz at that time.

exactly. this is also why its so fucking annoying when newfags say shit like
>how could you hold from $20k down to $6k. are you a fucking retard?
when in actuality, you can never guess when its going to bounce back up

A lot of people were making at least x2 of their money, even more. x5 to x7 was not uncommon.

Pic related (actually dated May 2017)

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This. August 2017 was a time of fear. Bitcoin cash was going to kill crypto and everyone's alts were tanking.