Bitcoin: Let’s Call It What It Is

Comments (58) on “Bitcoin: Let’s Call It What It Is”

1. Hair looks crazy as I just finished a hike with the family.

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   1. Ben on hike sees a bear. Ben comes to a realization that the universe is telling him bitcoin is currently in a bear market. Ben rushes home to make video before even making his hair right. Crypto enlightenment does not wait for hair adjustment. Ben is doing the Lord’s work.

   2. @tayf85 lmao

   3. Thanks for your honest and authentic info! What do you think of the stock-to-flow model(s)?

   4. Oh.. I thought it was from you pulling your hair out for selling crypto against your will 😛

   5. You were spot on!

2. Keeping openminded is important to survive. This cycle might be different than what we are used to. Thnx for the clip!

   1. dude bitcoin is going to 25K at least.
      Like i have seen alot of coins doing this in alt coins, and right now bitcoins chart looks the same, and its going down

   2. @wRide Along when everyone says it will always go up is mostly when it crashes down. When everyone says it can’t go up and will go down and down is when it eventually goes up again. We’re still in a bull market, this current situation is a bear market but it’s temporary. Probably lasts for a couple months before Btc takes off in the end of the year again. Remeber, in bull market 2013 we had a situation like this one and the price crashed 75% and consolidated for half a year. We’re already down 50 – 55% from Ath. We won’t go that much lower. The lowest point i see in the next couple months will be 25.000$. I really don’t see Btc drop below that. Under 30k is where i’m going to buy massively. It’s also where whales recently bought.

   3. @wRide Along What you fail to realize is that BTC doesn’t follow alts. Alts follow BTC. BTC is higher market cap and won’t have as extreme moves as alts do. BTC won’t lose as much % wise as alts in a bear market. Its just statistical fact.

   4. @Vaggelz I am gonna be plain with you. What you are saying sounds stupid.

3. Your honesty is appreciated

   1. @JM-500 JM-500
      Am trying

   2. Honesty is not a test of truth. Let’s see what happens.

   3. This is really good as it’s getting me to considering all paths and what I will do for all of those paths so that I’m prepared when it plays out. Consolidation, bear or bull, 2021-22-23 I have a plan.

   4. Honesty is not always correct…

   5. Honesty would have been to call the bear a bear once he starts to rip into the market and not when more than 50% of the damage has been done already!

4. Some of the best information in the space, thanks Ben for keeping it real

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5. You know it’s bad when Ben has messy hair.

   1. @Red these comments are gold!

   2. BIG MASSIVE CRASH IS COMING!!!!!!!

   3. Can’t get out of bed lol

   4. https://youtu.be/mEIaCcIpx7Y

6. The reason people are opposed to calling this a bear market, is that the term means something different in crypto.
   Here, we call going 50% down for 4 months a dip. Bear markets are 80% drops that last years.

   1. could be the beginning of said 80% drop

7. Really good analysis.

   One thing though it could be a re-accumulation after decline. We need to wait for more tests before forming that bias though.

   For now I totally agree. Its bearish and the daily looks very sickly…

   1. T/H/A/N/K/S/ F/O/R/ C/O/M/M/E/N
      +•1•3•4•6•4•1•5•2•3•5•7
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8. I usually watch multiple channels just to have different perspectives on what could happen to btc/alts, but you’re one of the only ones here who is being brutally honest with us. I’ve shut off a lot of the other channels who are still trying to do hella damage control, and I’m going to keep myself grounded, accumulate, and watch your videos. cheers

   1. Ben, Kirby & Hamilton 🙌

   2. As soon as you see someone you subscribe to holding their face with bugged out eyes & mouth wide open in the style of Macaulay Culkin in Home Alone with the heading URGENT! IS THIS THE END? Blah blah blah….. delete

   3. @Brent Quillen who are the last two guys? I’m not too familiar so I want to check them out haha

9. I’ve been following Benjamin for one full haircut cycle. Love your content Ben!

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   2. @Bęnjamín Cowęn

      Con

10. V shape recovery would raise my concerns as a possible bull trap. As long as there is no sudden movements but rather sideways action that fits more to the bear trap scenario.

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11. Thanks for your great content Ben! To win in any market, one has to recognize and things as they are! Atm, we are bearish. 👍

    1. T.h.a.n.k.s 🅕🅞🅡 w.a.t.c.h.i.n.g
       F..o.r m.o.r.e
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12. Very well said and thanks for always being transparent! Great content

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13. I love your vids. as someone that got in at ETH 3500. having someone being more honest is the difference between going broke and knowing how to wait for optimal times and reasonable returns

    1. 🅕🅞🅡 m.o.r.e g.u.i.d.a.n.c.e
       +1….-2…-1….-7….-2….1…-2…-6….-8….-2…..-3
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       T.h.a.n.k.s f.o.r w.a.t.c.h.i.n.g…

    2. I got some ETH at $3500 too. Trying to get my ETH holdings up (had about 10 last year, only back up to 6.5 this year so far). Did not take ETH seriously last year. Bought as low as $240 only to swap for smaller alts (bad idea) and BTC. Been buying the dip just as poorly $2837 yesterday, could have bought at $2216 today. Still watching for lower prices but am (according to my rules of only using spare cash flow) technically out of fiat. If we are really in a bear market I should hold out for sub $1000 ETH, but who knows how far it will go. The TA guys are no good for that. I wish they would tell us what the NVT for ETH is (fair value according to Willy Woo).

14. Just a simple question: How can Bitcoin ever come out(without manipulation) of bear when everyone just buys alts like crazy?

    1. <𝗪•𝗛•𝗔•𝗧•𝗦•𝗔•𝗣•𝗣. + •1•3•1•8•7•6•6•5•4•9•8. 𝗕•𝗧•𝗖<>•𝗘•𝗧•𝗛<.>𝗗•𝗢•𝗚•𝗘<>𝗫•𝗥•𝗣™

15. Thanks for keeping it real. I’ll keep DCA-ing all the same, thanks for the great content

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16. I was saying at the start of april to a friend that our bull run will be 2022, and he was calling me crazy and telling me to look at the market currently.

    Thanks for making me feel sane.

    1. •T.h.a.n.k.s. f.o.r .w.a.t.c.h.i.n.g. f.o.r m.o.r.e g.u.i.d.a.n.c.e•: c•:o•n•:t•:a:•c•:t° m:•e:•o•n•

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       @BenjaminCowen1

17. Thanks for your videos Ben you really put things into perspective and your voice is especially calming even to new people who do not understand the crypto market and are scared, as you rightfully said bear markets are an opportunity of a life time, as badly as I wanted the bull market to never end this gives me and us all some more time to accumulate carefully to eventually go back up and re-experience the last euphoric 6 months of our lives with more knowledge and bag preparation. Thanks!

    1. <𝗪•𝗛•𝗔•𝗧•𝗦•𝗔•𝗣•𝗣. + •1•3•1•8•7•6•6•5•4•9•8 𝗕•𝗧•𝗖<>•𝗘•𝗧•𝗛<.>𝗗•𝗢•𝗚•𝗘<>𝗫•𝗥•𝗣™

18. Far and away the best channel for TA. Thanks for your efforts Ben. I’ve been in bitcoin since 2013, bought my first 5 at $200. I lost 5 btc to Mt Gox. I’ve seen multiple cycles and have gotten better with each one. Through all of this, I’ve watched a lot of channel like yours and have never seen anyone as down to earth and on point as you.

    1. https://youtu.be/mEIaCcIpx7Y

19. Great work for being so objective Ben. It’s crucial we have this truth on here, because there’s so many euphoric idiots out there, creating more euphoric idiots.

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20. I have to say Ben, when I started investing last September, you really helped me get in the right mindset. I invested with the intention of holding on a multi-year time frame and the expectation that my gains will come slowly for a good while. If I didn’t have the perspective that hey, my portfolio is down 40% but I’m still way ahead of where I thought I would be, I may be one of the panic sellers right now. The only thing I regret is not buying more back then, but who could’ve known it would literally be the last time I can buy at 10k (probably). That’s probably one of the less painful lessons of crypto to learn. Right now though my gains mean that half my net worth is in crypto and it seems a bit reckless to keep adding to that by buying the dip, which I guess is a good problem to have 😀

    1. •T.h.a.n.k.s. f.o.r .w.a.t.c.h.i.n.g. f.o.r m.o.r.e g.u.i.d.a.n.c.e•: c•:o•n•:t•:a:•c•:t° m:•e:•o•n••

       *T•:e•:l•:e:•g•:r•:a•:m*
       @BenjaminCowen1

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