What do you think about market cycles?

[BigBossK]

This is Bitcoin's price chart for 2013-2014:

It looks pretty similar to the recent cycle, doesn't it?

I think it's very similar to market cycles in other markets like stocks. What do you think?

[BigBossK]

"Cyclical cycles generally last 4 years, with bull and bear market phases lasting 1–3 years, while Secular cycles last about 30 years with bull and bear market phases lasting 10–20 years."

Stock market cycles

It looks like the cryptocurrency market follows a similar pattern.

Stellar should be up when the whole market is up...

[PrettyGood]

yeah it's pretty similar, the recent cycle also follows pretty similar circle of 2017

[BigBossK]

It's fairly interesting that right now it's mostly Bitcoin growing, rather than alts like Stellar. Do you think altcoins will catch up?

It's a pure speculation at this point, though. I think it takes a bit more to confirm the bull market.

[BigBossK]

Basically, this is what I'm talking about. The chart is pretty much repeating the 2013-2014 chart. It is not a perfect match (and doesn't need to be), but overall it looks the same.

The recent spike may be just a small temporary recover.

Don't get me wrong, I don't mind if the bull market starts at this point... But so far we usually had 3 years of bear market following a bull market.

[BigBossK]

By the way, this is 2011 Bitcoin price chart.

It looks like it takes roughly 3 years of bear market before reaching a new ATH.

Thoughts?

[NatalieParruv]

Indeed, bitcoin is unstable. I'm afraid to invest in it. Prices from 2011 - until today 2020, differ enormously!

[morganfrank]

I find it hard to understand these things, and I don’t know how people invest in this stuff. Investing is not even a problem for me, but the fact that the fate of your investment does not even depend on you is what bothers me. Please can someone tell me the perfect thing to invest in? Then I’ll check the internet to see how it’s done so I can try. Because what I do rn is forex trade, and I really want to stop cuz I lose my money through there. As things are rn, I’ve deposited $40 and want to try a new strategy that a friend recommended to me. He said it’s called the swing trading strategies. You can check it; maybe it is called a different name in your place and tell me if I should try it.