Uptober has been a rollercoaster... that bloody dip in the second week caught so many off guard. Some folks even took drastic measures. But now BTC is pushing towards a new ATH at $115k. A lot of people were betting on lower prices like $98k, and some even doubted it would hit $150k by year-end.
How's Everyone Feeling About Uptober?
20 replies 114 views
pix3l_h4shNewbie
Posts: 147 · Reputation: 22
#2Jan 14, 2021, 01:58 AM
Honestly, October feels like it’s just sticking to the same old patterns. We could see a bull run, or perhaps we’re in for a bear market. It’s all just guesswork at this point. The volatility is part of the game, so let's just prepare for whatever comes.
Can’t believe we’re wrapping up October soon, kinda disappointed with how things went. But we’re seeing a bounce back today to $116k. If it keeps this momentum, maybe we’ll hit $120k again. So far, I can't complain about the month.
mr_satoshiFull Member
Posts: 44 · Reputation: 589
#4Jan 14, 2021, 06:52 AM
This month has had some wild price swings. We dropped to around $103k and now up to $116k. It might not be the Uptober we expected, but at least the dips were less severe than many predicted. The folks losing their cool with the drop in the second week probably invested in the wrong coins.
Uptober is usually a good sign historically, so hey, I'm happy regardless. I’m not glued to price charts anymore, just enjoying the ride. Up and down cycles are just how it goes. Focus on being a holder rather than fixating on daily price movements.
shard_2013Full Member
Posts: 634 · Reputation: 287
#6Jan 14, 2021, 03:06 PM
I really thought BTC wouldn't break $30k this month, but look at it now, bouncing back to $116k. It’s been quite a month. Players need to remember how volatile this stuff is. October always reminds us not to go all in with use.
Not thrilled about Uptober since I didn’t sell anything, but it’s still disappointing. If things don’t change in the next few days, calling it Uptober might be a stretch. Historical trends seem off this month.
ryan.falconSenior Member
Posts: 10 · Reputation: 1542
#8Jan 15, 2021, 05:03 AM
Totally agree, just hold Bitcoin for the long haul. In the end, it’s about patience. Sure, the market can surprise us, but we can’t predict everything. October might surprise us yet.
satoshi420Full Member
Posts: 17 · Reputation: 369
#9Jan 15, 2021, 07:39 AM
When you look at the Bitcoin market, you realize it does its own thing regardless of the hype. Everyone thought it would hit new highs, yet that’s not the case. Such is the nature of Bitcoin.
Those complaining probably sold their holdings or jumped into useless altcoins, not properly invested in Bitcoin. It’s all about knowing where to put your money. $150k feels like a stretch now, but who knows with Bitcoin.
AtomicRavenNewbie
Posts: 128 · Reputation: 29
#11Jan 15, 2021, 01:47 PM
Uptober wasn’t bad for me since I didn’t sell any BTC. I’m in it for the long haul, relying on accumulation. Maybe by the end of this month or early November, something good will happen. I’m not super optimistic about the broader crypto market because of the looming AI bubble.
n1nja_2020Newbie
Posts: 47 · Reputation: 19
#12Jan 17, 2021, 11:35 PM
What we saw earlier this month was an expected correction. Bitcoin typically goes through these phases before breaking barriers and moving upwards. Those who can see that won’t panic sell.
If we’re checking the stats... in the last decade, we’ve seen a solid streak of green candles for October. Sure, we’re bound for some corrections, but that’s just part of getting good entry points.
nonce_cipherFull Member
Posts: 45 · Reputation: 260
#14Jan 18, 2021, 10:00 AM
I think panic only hits new investors. Experienced holders rarely feel that stress. Traders, on the other hand, got hit hard by that early month pump, which quickly turned to disappointment.
coldstorageNewbie
Posts: 137 · Reputation: 38
#15Jan 18, 2021, 02:49 PM
The green candle's promising, but October is winding down. Will we close strong or not? Traders with short positions will always panic when prices drop. Glad I’m just holding.
alexrocketNewbie
Posts: 102 · Reputation: 29
#16Jan 18, 2021, 08:34 PM
October started strong, but with BTC fluctuating from $122k to $103k, we’ve seen some serious volatility. Now it’s at about $116k, let’s see if we can touch $120k before the end.
nick_yieldMember
Posts: 19 · Reputation: 80
#17Jan 18, 2021, 10:37 PM
I'm really happy with Uptober so far! Got to buy during the dips and watching the market is a thrill. If we get to new ATHs, I feel bad for those who took their profits too early.
Bitcoin is NOT a token, folks. Understand the difference. Those who were affected deeply by this month’s volatility probably weren’t seasoned investors. For long-term holders, October was just another month.
raven_2020Member
Posts: 225 · Reputation: 61
#19Jan 19, 2021, 03:42 AM
Interesting perspective! I agree that October came with its own lessons. We shouldn't blindly rely on historical patterns; this month taught us volatility is key in crypto.
For sure, gotta learn from this month. October usually brings hope, but it’s not always a guarantee. The market is what it is, crazy and unpredictable.