The Bitcoin Cycle of Regret... by jrcornel

View this thread on steempeak.com
· @jrcornel ·
$17.10
The Bitcoin Cycle of Regret...
# Don't fall prey to the Cycle of Regret...

We have likely all heard of the bitcoin halving cycles by now...

You know, where the block rewards get cut in half and BTC rallies for 2 years, and then corrects/consolidates for the following 2 years, before basically repeating the same process over again.

Well there is also something known as the Cycle of Regret...

Check it out:

![image.png](https://cdn.steemitimages.com/DQmVhGWBkhKYyavvNF7kyiSsNBPW6AUUaVxp3S1LxVwM2sm/image.png)

(Source: https://twitter.com/BTCSchellingPt/status/1272115804713054208)

It basically revolves around these 4 year halving cycles and how each cycle gives an opportunity for astute investors to buy, but also keeps many people out, due to this cycle of regret...

# How does it work?

It's very simple really...

People see bitcoin shoot way up and feel they missed the boat, so they don't buy it then.

Then, months later they watch it retrace something like 80% of that move and they say they don't want to catch a falling knife and don't want to buy into this fierce bear market.

For that reason, they don't buy still.

Then, bitcoin eventually bottoms and does another moon shot, which of course they missed and don't want to buy into...

And so the cycle goes on and on and on as bitcoin makes higher low after higher low after higher low never letting them get in...

Don't fall prey to the Cycle of Regret!

Stay informed my friends.

-Doc
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 17 others
properties (23)
post_id86,356,342
authorjrcornel
permlinkthe-bitcoin-cycle-of-regret
categoryhive-148441
json_metadata{"tags":["bitcoin","crypto","steemit","life","blog","investing","funny"],"image":["https:\/\/cdn.steemitimages.com\/DQmVhGWBkhKYyavvNF7kyiSsNBPW6AUUaVxp3S1LxVwM2sm\/image.png"],"links":["https:\/\/twitter.com\/BTCSchellingPt\/status\/1272115804713054208"],"app":"steemit\/0.2","format":"markdown"}
created2020-06-15 18:28:51
last_update2020-06-15 18:28:51
depth0
children4
net_rshares21,890,298,385,055
last_payout2020-06-22 18:28:51
cashout_time1969-12-31 23:59:59
total_payout_value8.555 SBD
curator_payout_value8.543 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,431
author_reputation3,696,389,924,413,366
root_title"The Bitcoin Cycle of Regret..."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (81)
@jaydih ·
resteemed.
properties (22)
post_id86,358,620
authorjaydih
permlinkqbzs4o
categoryhive-148441
json_metadata{"app":"steemit\/0.2"}
created2020-06-16 00:02:48
last_update2020-06-16 00:02:48
depth1
children1
net_rshares0
last_payout2020-06-23 00:02:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length10
author_reputation1,000,000,000,000,000
root_title"The Bitcoin Cycle of Regret..."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@jrcornel ·
Thank you for the resteem and the upvotes, I appreciate it!
properties (22)
post_id86,367,301
authorjrcornel
permlinkqc11iu
categoryhive-148441
json_metadata{"app":"steemit\/0.2"}
created2020-06-16 16:23:18
last_update2020-06-16 16:23:18
depth2
children0
net_rshares0
last_payout2020-06-23 16:23:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length59
author_reputation3,696,389,924,413,366
root_title"The Bitcoin Cycle of Regret..."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@glory7 ·
Great read. Thank you.
properties (22)
post_id86,358,768
authorglory7
permlinkqbzsrj
categoryhive-148441
json_metadata{"app":"steemit\/0.2"}
created2020-06-16 00:16:33
last_update2020-06-16 00:16:33
depth1
children1
net_rshares0
last_payout2020-06-23 00:16:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length22
author_reputation1,482,897,425,229,931
root_title"The Bitcoin Cycle of Regret..."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@jrcornel ·
Glad you enjoyed it. Thank you for the kind words and the upvote!
properties (22)
post_id86,367,306
authorjrcornel
permlinkqc11je
categoryhive-148441
json_metadata{"app":"steemit\/0.2"}
created2020-06-16 16:23:39
last_update2020-06-16 16:23:39
depth2
children0
net_rshares0
last_payout2020-06-23 16:23:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length65
author_reputation3,696,389,924,413,366
root_title"The Bitcoin Cycle of Regret..."
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000