Topic: ㅤ - page 3. (Read 650 times)
There should have been a knowledge of better by now. Aside from 2022 being the second worst year for Bitcoin, 2022 was also the year when people learned how important it is to remove their Bitcoins from exchanges. Other than that, it doesn't look scary anymore. We are in the process of bottoming out. Things will return to normal as the cycle repeats.
What I remember in 2018 is the lowest price of around $ 3800 or drops more than 80% compared to ATH in 2017, now the lowest price is around $ 15500 or drops around 79% compared to ATH in 2021, of course we are still worried about a big decline will occur again because in social media many people who advocated to sell immediately before losing deeper.
Yes it’s pretty scary how similar 2022 is to 2018. Back in Oct 2022 I was wondering if anything drastic would happen in November like in 2018 but I assumed it would just trade sideways. But in the first week of FTX being insolvent proved otherwise.
Now we just need some normal chop for the next 3 months and it’s confirmation that we are in an accumulation phase and not much will happen really. Until Q2 2023.
Now we just need some normal chop for the next 3 months and it’s confirmation that we are in an accumulation phase and not much will happen really. Until Q2 2023.
But as of now, 2022 isn't yet over, and might there be a big boom waiting in the middle of the month, what do you think?
I don't think we'll have what you call a big boom before the end of the month, media still talking about FTX and Luna, and the Bitcoin price is not moving at all, I cannot think of better news that can turn around the market, I don't want to see my portfolio right now if Bitcoin is having the worst year it's even worst on altcoins, but I don't think Bitcoin will go down further to $10k.
If you're a positive investor this is the best time to buy Bitcoin and other coins that have proven their worth in the market.
second worse year??
excuse me..
i dont think you understand economics
here
dont confuse price vs value
price discovery: archer and arrow trajectory
to hit the bull of a raised value target(bull on the hill). you first need to aim even higher knowing that nature will correct down to hit the raised higher value correctly
forget about the fluffy cloud the price aims at first ATH
dont cry when gravity of the situation corrects
dont call that part the "worse ever"
thats normal
value discovery:
realise the bull is at a raised ground level to where you stood in the past.
what you dont want to see is a previous cycles low(ground level) being higher then this cycles low ground level (hint: it never happened)
excuse me..
i dont think you understand economics
here
dont confuse price vs value
price discovery: archer and arrow trajectory
to hit the bull of a raised value target(bull on the hill). you first need to aim even higher knowing that nature will correct down to hit the raised higher value correctly
forget about the fluffy cloud the price aims at first ATH
dont cry when gravity of the situation corrects
dont call that part the "worse ever"
thats normal
value discovery:
realise the bull is at a raised ground level to where you stood in the past.
what you dont want to see is a previous cycles low(ground level) being higher then this cycles low ground level (hint: it never happened)
In my opinion, 2022 is the worst year for Crypto. It is true that in terms of data and numbers, 2018 is the worst (2018 -72%, 2022 -64%).
For the reason of that FTX exchange scam is yet to bring btc price to below $10k by this time before crossing the end of this month, I think performance for btc this year will not be the worst. FTX in me thinking that the fall is coming but we have 13 more days not looking like price will drop, so is good for the price. Elon musk also spreading fud on btc this year.
In my opinion, 2022 is the worst year for Crypto. It is true that in terms of data and numbers, 2018 is the worst (2018 -72%, 2022 -64%).
But at least in 2018, the reason for the decline of Bitcoin was natural factors in the market, and the market did not witness these disasters that we witnessed in 2022.
The worst thing is that the events that took place in 2022 caused a loss of confidence among many investors in crypto in general, and at the same time gave a great opportunity for governments and crypto haters to launch their attack and try to put in place more strict regulations.
But The big positive thing that happened in 2022 is the loss of confidence in centralized exchanges and Altcoin and the increase in confidence in Bitcoin as the only safe haven.
I don't expect anything major to happen from here to the end of the year but I'm optimistic that 2023 will be the year of the bull market.
But at least in 2018, the reason for the decline of Bitcoin was natural factors in the market, and the market did not witness these disasters that we witnessed in 2022.
The worst thing is that the events that took place in 2022 caused a loss of confidence among many investors in crypto in general, and at the same time gave a great opportunity for governments and crypto haters to launch their attack and try to put in place more strict regulations.
But The big positive thing that happened in 2022 is the loss of confidence in centralized exchanges and Altcoin and the increase in confidence in Bitcoin as the only safe haven.
I don't expect anything major to happen from here to the end of the year but I'm optimistic that 2023 will be the year of the bull market.
One way to measure the performance of Bitcoin is to look at the price changes over time. However, it is important to note that the price of Bitcoin is not the only factor to consider when evaluating its performance. Despite the ups and downs Bitcoin suffered, the cryptocurrency has grown enormously in popularity. In addition, it will continue to be widely used and appreciated as a form of payment and store of value. Those who invested in bitcoin in 2022 have more than enough reason to be optimistic about future price development.
If we compare 2022 with 2014 and 2018, it is certainly possible that Bitcoin will rebound in the 2023 but the question is how big will it be. There are a lot of external factors that can influence the price of Bitcoin, such as legislation, regulation, the state of the global economy, and many more. In my opinion, it is hard to predict the price of Bitcoin in 2023 but we can make some predictions about what will happen in the next years. In years to come, we may look back on 2022 as another watershed moment for the history of Bitcoin. Let us just hope that 2023 will be better for the cryptocurrency than its predecessor.
If we compare 2022 with 2014 and 2018, it is certainly possible that Bitcoin will rebound in the 2023 but the question is how big will it be. There are a lot of external factors that can influence the price of Bitcoin, such as legislation, regulation, the state of the global economy, and many more. In my opinion, it is hard to predict the price of Bitcoin in 2023 but we can make some predictions about what will happen in the next years. In years to come, we may look back on 2022 as another watershed moment for the history of Bitcoin. Let us just hope that 2023 will be better for the cryptocurrency than its predecessor.
But as of now, 2022 isn't yet over, and might there be a big boom waiting in the middle of the month, what do you think?
I don't think we'll have what you call a big boom before the end of the month, media still talking about FTX and Luna, and the Bitcoin price is not moving at all, I cannot think of better news that can turn around the market, I don't want to see my portfolio right now if Bitcoin is having the worst year it's even worst on altcoins, but I don't think Bitcoin will go down further to $10k.
If you're a positive investor this is the best time to buy Bitcoin and other coins that have proven their worth in the market.
I think there will be a pullback up to 11-10 thousand. There is enough negative news coming to the markets for this. Finally, the firm, which oversees the Binance stock market, announced that it will no longer audit the stock market. On the other hand, there was an outflow of $ 1.14 billion on Binance Exchange. CZ explained that a normal situation for us is sometimes a money outflow and sometimes a high money inflow. So before the end of the year, BTC is having its second worst year, but I think this year is a candidate to be the worst. Let's see at what price it will make its annual closing. Even if the market rises again and drops to 11k as soon as possible. It does not seem possible to enter the bull market without seeing the 11k values.
Think of how will the market collapse if things would be consistently on uprise movement, in particular with the market prices. Sometimes dumps are good for this industry in my opinion, to somehow allow people to cope up with the increase. But ofcourse, too much volatility is another thing.
Rather than stating it to be the worst year for bitcoin, why don't we take it as one of the best year for investing. I'm not sure, but the whales take it in the right way for investment whereas you and me fear of the market movements and wait for the bullish move to invest. In the past we've experienced the better days after the worst, so this time too we'll experience good. All that need to done, accumulate as much possible and hold what is available.
Best year if you're one with those investors who could endure the bearish market behavior. But since many investoors are minding other problems, we cannot push everyone to put their 'bets' right now given that there's no assurance of when will the market recover. Thus, temporary profit loss (if you'd be caught by dumps the moment you enter) would be lasting for a period. The question is; would you be able to endure it? It is for sure easy to say that you would but it would be different once you are into the projected situation. 
2022 is almost exactly the same as 2018. Looking at the history of bitcoin returns year by year, 2022 was the second worst year after 2018:
Yeah right, it seems there's a pattern, and from the year 2014, there's 3 years gap before it has massive corrections.From 2014, 2018, and this year we aren't sure yet because there are a few weeks left.
But as of now, 2022 isn't yet over, and might there be a big boom waiting in the middle of the month, what do you think?
Rather than stating it to be the worst year for bitcoin, why don't we take it as one of the best year for investing. I'm not sure, but the whales take it in the right way for investment whereas you and me fear of the market movements and wait for the bullish move to invest. In the past we've experienced the better days after the worst, so this time too we'll experience good. All that need to done, accumulate as much possible and hold what is available.
You know that people could be having both ways which they would be emphasizing the worst case and some would be seeing or pertaining about being the best case for us to invest.It cant really be avoided that there would be those people who would be showing off some numbers or statistics on which we should really be grateful at least on having these kind of share up.Not all does have the time and making out effort
on showing these visuals in having these kind of comparison in between years that we do have on this space.
For now,i dont really care that much whether the market is bear or everything is read, one thing on my mind is to accumulate bitcoin as cheap as i could.
There are lots of fake outs happen recently which i cant really blame out people to have enraged with those fake outs which they do believe that it might be already the start of change of trend.
Rather than stating it to be the worst year for bitcoin, why don't we take it as one of the best year for investing. I'm not sure, but the whales take it in the right way for investment whereas you and me fear of the market movements and wait for the bullish move to invest. In the past we've experienced the better days after the worst, so this time too we'll experience good. All that need to done, accumulate as much possible and hold what is available.
I don't really understand why people are still hoping for some sort of rise in bitcoin when the market is on the verge of a crash and negative news comes one after another. What resources will be used to conduct the bullrun? Now it is worth hoping that Bitcoin at least retains what it has, and does not fall even lower.
It because they've come up with that idea from the bull run that has happened for both 2017 and 2021. And that's already stuck in their minds and think that every holiday season, there's a potential to rise. Well, there is actually but not for this year as the bull run has passed already and we have to deal with this bear market.With just over 2 weeks left until the end of 2022, Bitcoin is at risk of closing Q4 in the red, meaning that 2022 will be the first all-red year in history, quarter-by-quarter. 2022 brought many anti-records to bitcoin.
True, too many incidents happened for this year but still it's considered as a good year despite that it's 2nd to the worst after 2018, this bear market proven a lot for bitcoin. Well, this is at least for those that have been in the market for years, those that have seen the ups and downs of bitcoin for different years. 
If you look at the following years, they are not exactly big bull years either. This means that 2023 will be a year where we will probably hit the 30-40k range and that's it, I am not expecting crazy price increases during that period. After that, we are probably going to end up with a huge increase all over again, and will probably end with a high price. I do not know if this data takes the 1st of January price to the 31th of December, but I can say that there are bigger ups and falls between the year as well, which means maybe things could look good a bit more, but I am guessing a 30-40k range for 2023 and then 100k range for 2024 as realistic by looking at this.
Given the crazy issues with business being run on hope and dreams instead of backing customer funds, I think the industry has held up relatively well. Snakes have unleashed their greed on the community and a lot of folks are still standing. Now that the widespread community is aware of the importance of self custody I think the next few years will be very positive ones for Bitcoin’s price.
I hope, relying on the theory of the cyclical nature of the bitcoin market, 2023 will still be the beginning of the recovery of the crypto market in general and bitcoin in particular.
I really really hope so. However, this sense of optimism must be supported by the strength and confidence of traders and investors in the market. There is a possibility of holders increasing during the current bear market, so that should be very positive news to support our optimism for bitcoin in 2023 and beyond.2022 was indeed a bad year for the crypto market as a whole, many disasters happened, it was all just aggravating factors. But bright hope should always be ahead, we hope about that.
2017 was the second big break of BTC, so it's normal that its fall were also heavy, same as on 2021 where BTC also reach its third highest ATH. People must have expected that a year later the price will also dip hard.
I hope, relying on the theory of the cyclical nature of the bitcoin market, 2023 will still be the beginning of the recovery of the crypto market in general and bitcoin in particular.
I really really hope so. However, this sense of optimism must be supported by the strength and confidence of traders and investors in the market. There is a possibility of holders increasing during the current bear market, so that should be very positive news to support our optimism for bitcoin in 2023 and beyond.2022 was indeed a bad year for the crypto market as a whole, many disasters happened, it was all just aggravating factors. But bright hope should always be ahead, we hope about that.
Yeah, I think it expected that 2022 will be a bad year but we didn't expect this as well, I mean this is the first time that the market has fallen below our previous all time high in 2017 and probably will end the year with that data.
It was really the war that took a toll on every investor, not just crypto, but traditional market as well. So we can only hope that 2023 could be the start of our way to recovery at least in Q2 if we are going to base in in 2019's data.
I hope, relying on the theory of the cyclical nature of the bitcoin market, 2023 will still be the beginning of the recovery of the crypto market in general and bitcoin in particular.
I really really hope so. However, this sense of optimism must be supported by the strength and confidence of traders and investors in the market. There is a possibility of holders increasing during the current bear market, so that should be very positive news to support our optimism for bitcoin in 2023 and beyond.2022 was indeed a bad year for the crypto market as a whole, many disasters happened, it was all just aggravating factors. But bright hope should always be ahead, we hope about that.
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