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Topic: A Little Surprised! (Read 935 times)

hero member
Activity: 2968
Merit: 687
May 13, 2022, 06:47:18 PM
We have a big surprise this week.

This thread is not about what happened recently, but yeah, we have a big surprise because, for the first time this year, bitcoin reach another low and that is bringing the price below $30k. The market is slowly recovering now, but I'm still not too confident because the bear is already here.
Confidence on recovery isnt really bad but dont anticipate for it to happen because everytime there would be always a chance for some recovery which is something that do really happens in the market.

We are all got surprised because whom had thought that we would able to go down like this one? Reaching 20k+ price once again yet we've been playing around 40k+ for previous weeks

based up on what i had remembered.This does really proves out on how unpredictable this market is.
hero member
Activity: 3010
Merit: 666
May 13, 2022, 04:05:22 PM
We have a big surprise this week.

This thread is not about what happened recently, but yeah, we have a big surprise because, for the first time this year, bitcoin reach another low and that is bringing the price below $30k. The market is slowly recovering now, but I'm still not too confident because the bear is already here.
hero member
Activity: 2856
Merit: 674
May 13, 2022, 03:36:19 PM
I did expect Bitcoin to be at $50k at this point but I was not expecting a lot of the world events that seem to have unfolded - things have gotten bad. With the state of the world economy everyone seems to be taking a hit. I know a lot of people hurting that are wrapped up in the market. Luckily for me I am a long hold on BTC so I feel really good about my position and don’t have a problem with corrections. Just be patient and stay the course. That method has served me best.

Yes things have really changed and many people are hit by the economic situation that keeps getting worse with inflation. The market too is hit by this current bear that is becoming the general topic so far because the drop is coming when it was not expected. All the time during the covid-19 pandemic it was expected that price will crash but it didn't but it started to happen now that the world is recovering from the hit of the covid-19. Of course a long time holder will not have anything bothering him because the market will surely recover.
Forget about that economic situation because we have the worst when the pandemic happened, but have we seen bitcoin dump that time? No, because it was the opposite that did happen, the market was bullish that time and it was the time when slowly bitcoin have finally a achieve a new ATH.

Some people might have manipulated the market, and it's just normal to see a year of correction after a bull run, that has to be considered as well.
sr. member
Activity: 2366
Merit: 332
May 13, 2022, 02:59:18 PM
I did expect Bitcoin to be at $50k at this point but I was not expecting a lot of the world events that seem to have unfolded - things have gotten bad. With the state of the world economy everyone seems to be taking a hit. I know a lot of people hurting that are wrapped up in the market. Luckily for me I am a long hold on BTC so I feel really good about my position and don’t have a problem with corrections. Just be patient and stay the course. That method has served me best.

Yes things have really changed and many people are hit by the economic situation that keeps getting worse with inflation. The market too is hit by this current bear that is becoming the general topic so far because the drop is coming when it was not expected. All the time during the covid-19 pandemic it was expected that price will crash but it didn't but it started to happen now that the world is recovering from the hit of the covid-19. Of course a long time holder will not have anything bothering him because the market will surely recover.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
May 12, 2022, 03:28:09 AM
I did expect Bitcoin to be at $50k at this point but I was not expecting a lot of the world events that seem to have unfolded - things have gotten bad. With the state of the world economy everyone seems to be taking a hit. I know a lot of people hurting that are wrapped up in the market. Luckily for me I am a long hold on BTC so I feel really good about my position and don’t have a problem with corrections. Just be patient and stay the course. That method has served me best.
sr. member
Activity: 2366
Merit: 448
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May 10, 2022, 10:22:46 AM
Surely many are surprised and even disappointed because there is more positive news than negative news but in reality market conditions tend to go down, and this is what we must realize that the crypto market is not easy to predict and always manipulated.
but I think this is a good start to grow the holdings, because in a situation like this there will be a lot of weak hands due to panic especially for beginners who don't want the market to drop too deep resulting in bigger losses. So let the market move as it is, and we as investors must be smart in responding to the market and news.
full member
Activity: 1358
Merit: 207
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May 10, 2022, 10:05:45 AM
Quote
The fall of BTC price at the moment is not in the true sense of any kind of negative news. I believe it is declining naturally. I would not say any major collapse in the price of Bitcoin. As we know that a long period of time btc price ruining $38000 to $42000. We assumed that the price may fall down intimately done so nothing to worry. There are so many good news waiting. If once start his power then everything will be beyond our expectation.
I guess bitcoin price decreased for positive reasons, because many people were waiting for this opportunity to come for them to buy more of bitcoin to be part of those traders that will celebrate very soon in the community. Don't forget that bitcoin price is unpredictable which it can still move from lower to higher to surprise people with massive income. I think the price is moving already which it will definitely increase higher before the end of this week.
sr. member
Activity: 2618
Merit: 439
May 10, 2022, 01:00:57 AM

These and many more good news, and yet the price is falling to $42,000?


I'm also surprised why the market is dipping despite all this good news, but we have been there and have seen it in the past, the market is really unpredictable you expect good and bad things to happen and you are bracing for the bad thing to happen and yet the market is improving, all we can do now is to keep believing and keep buying the dip, but the biggest how long will it dip and what is the floor.
actually those good news has already gone and what we are having now is all Bad news , and the continues effect of the War in Ukraine and the US stand towards crypto is making this market dumping till now.

https://coinmarketcap.com/currencies/bitcoin/

Look at Bitcoin acting nowadays ? from 48k last April ? now sitting at 30-31k in which very low for what we expected this May.

Hope that June will make difference and stands for our favor.
sr. member
Activity: 2828
Merit: 357
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May 10, 2022, 12:19:32 AM
The fall of BTC price at the moment is not in the true sense of any kind of negative news. I believe it is declining naturally. I would not say any major collapse in the price of Bitcoin. As we know that a long period of time btc price ruining $38000 to $42000. We assumed that the price may fall down intimately done so nothing to worry. There are so many good news waiting. If once start his power then everything will be beyond our expectation.
if you read the topic OP is disappointed because after lots of Good news coming , Bitcoin price or the market is still dumping and this is His concern not about the negativity or anything related to that .
but also no matter how tons of negative coming still it is our support and holding that will keep the market moving up.
so best to bet on that or ignore it forever .
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
May 09, 2022, 11:49:32 PM
The fall of BTC price at the moment is not in the true sense of any kind of negative news. I believe it is declining naturally. I would not say any major collapse in the price of Bitcoin. As we know that a long period of time btc price ruining $38000 to $42000. We assumed that the price may fall down intimately done so nothing to worry. There are so many good news waiting. If once start his power then everything will be beyond our expectation.
hero member
Activity: 3010
Merit: 666
May 09, 2022, 09:29:31 AM

These and many more good news, and yet the price is falling to $42,000?


I'm also surprised why the market is dipping despite all this good news, but we have been there and have seen it in the past, the market is really unpredictable you expect good and bad things to happen and you are bracing for the bad thing to happen and yet the market is improving, all we can do now is to keep believing and keep buying the dip, but the biggest how long will it dip and what is the floor.


That's the question that can be self answered, investors who have strong support with this industry

will continue to chase and buy those cheap coins. They are willing to take the long road and expect that bounce back will take place
and bring them a decent amount of benefits.

This kind of volatile market is only for players who can take the risk and are willing to play, for those who can't better not to try or
you will just lose your money in a very short period of time.


We should not be surprised by what is happening, in fact, we should get ourselves ready for a possible continued dip. Bitcoin is bound for correction, and I have a feeling that this year most of the trends will be a correction, it's not time to panic, but it's time to accumulate while still trusting bitcoin will bounce back and recover.

We might want to educate ourselves a bit on what's happening, there are plenty of articles online we can read, here's one.
https://cryptopotato.com/bloodbath-continues-as-bitcoin-dumped-to-lowest-price-since-january-market-watch/
legendary
Activity: 2982
Merit: 1028
May 09, 2022, 06:42:27 AM

These and many more good news, and yet the price is falling to $42,000?


I'm also surprised why the market is dipping despite all this good news, but we have been there and have seen it in the past, the market is really unpredictable you expect good and bad things to happen and you are bracing for the bad thing to happen and yet the market is improving, all we can do now is to keep believing and keep buying the dip, but the biggest how long will it dip and what is the floor.


That's the question that can be self answered, investors who have strong support with this industry

will continue to chase and buy those cheap coins. They are willing to take the long road and expect that bounce back will take place
and bring them a decent amount of benefits.

This kind of volatile market is only for players who can take the risk and are willing to play, for those who can't better not to try or
you will just lose your money in a very short period of time.
member
Activity: 1162
Merit: 58
May 09, 2022, 03:07:05 AM
Now it looks like big institutions don't like the situation of the market despite of some good news previously reason bitcoin still not in a good condition.  For me these is a big example that we need to make sure everything, i mean if it will gonna be fine afterwards before entering and making investment.  But it this is just a temporary situation, we must hold instead!
When is Now?  because we have this situation for the whole month of April and now we are at May the same scenario .
How would you call this as  some Big institutions that dont like the situations? it is not the Good news that will make the price grow instead it is the investors that buying and selling bitcoin and crypto .





Bitcoin early dropped in this year.Totally this year bitcoin price is staying around $40k.But when was the surprise this year?We are not haply with bitcoin price this year.When bitcoin price will rise again?This year or next year?I hope bitcoin price will be rise soon.We are waiting for bitcoin price surprise.
it is wrong mate, because it depend on Who you are talking ,  Not everyone is not happy when the price is falling. because Like me? this is what I am waiting mate and i know that I will make more money when buying too low prices .
and that is what we wanna do.

hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
May 07, 2022, 10:29:18 AM

These and many more good news, and yet the price is falling to $42,000?


I'm also surprised why the market is dipping despite all this good news, but we have been there and have seen it in the past, the market is really unpredictable you expect good and bad things to happen and you are bracing for the bad thing to happen and yet the market is improving, all we can do now is to keep believing and keep buying the dip, but the biggest how long will it dip and what is the floor.
sr. member
Activity: 2660
Merit: 339
May 07, 2022, 06:42:54 AM
This is true and a proven fact in the cryptomarket. But the riskier part is the holding capability. Everyone doesn't have the ability to hold for much longer time period. Users who have invested after meeting their regular needs have the ability to have patience for a long term. Most of the common investors of bitcoin will be the one who invest to get something in the short term. Such users will be affected. In short Whales will be in the safer side whereas small holders will be the victims.
It's better to say that the risk will depend on the persons' capability to hold. The longer they hodl the more the risk because the future is always uncertain. It's okay if someone cant hodl longer because investing doesn't always mean to hodl at a very long time but investment have three periods, that is short mid and long term.

There is also trading, if someone is itchy to sell his coins at all times. Whales always make sure that they can get most of the benefits so yeah they are always on the safe side. Not all remains to be a newbie and even if they are only small hodlers, they can also became wise as the large investors, the more they gain experience on this market.
full member
Activity: 1484
Merit: 101
May 07, 2022, 01:32:57 AM
Of course, all investors hope to get a positive surprise, which is to see prices skyrocket, but for the past few days the prices have continued to fall and have taken us by surprise and never expected that bitcoin prices would continue to drop, now we are doing what I think is the best strategy, which is to make bitcoin and cryptocurrencies as daily trading. rather than hold for the long term.
hero member
Activity: 1344
Merit: 540
May 06, 2022, 12:36:55 PM
Nearly 3 days I was not online and was surprised to see the price of bitcoin below $ 40k even today dropped more than 10% to $ 35k, this is a big surprise for me especially since I hope I can recover soon at the $ 60k level because I invest in November when the price more than $ 60k.

The only way for you to recover is that it bitcoin reaches new all time high. So it will take some time though as it might be years before we see that. However, it could be in the 6 digit figures, so that is a good enough motivation to help you to just keep on HODLing.

As for the price drop, majority speculate that it is due to the recent news of Feds raising their rate to help them combat the current inflation that the whole world is experiencing partly due to the bad economy in the last 2 years due to covid and now the war in Europe.
full member
Activity: 1162
Merit: 106
May 06, 2022, 11:37:59 AM
Nearly 3 days I was not online and was surprised to see the price of bitcoin below $ 40k even today dropped more than 10% to $ 35k, this is a big surprise for me especially since I hope I can recover soon at the $ 60k level because I invest in November when the price more than $ 60k.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
May 05, 2022, 06:40:26 PM
snip
These and many more good news, and yet the price is falling to $42,000?
snip
Patience is the key to make big profit with cryptocurrency. We need to keep hold, and try to buy more when the market is down. In the past when the market is found to be crashing people get into panic and starts selling. This will be used as an opportunity by the whales in the market. Nowadays this has changed, because people believe it'll bounce back after the drop in the price. As said the market movement is sideways, and there is no drastic crash which helps the traders to make profit.
That's right, it seems that people have started to understand that when the market crashes, they shouldn't panic and sell.  Sincerity and patience are the keys so as not to lose in the market, let it go (in the past) we did stupid things like panic sell.  the market will definitely be bullish and those who are patient will definitely get big profits.
This is true and a proven fact in the cryptomarket. But the riskier part is the holding capability. Everyone doesn't have the ability to hold for much longer time period. Users who have invested after meeting their regular needs have the ability to have patience for a long term. Most of the common investors of bitcoin will be the one who invest to get something in the short term. Such users will be affected. In short Whales will be in the safer side whereas small holders will be the victims.
full member
Activity: 1148
Merit: 151
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May 05, 2022, 06:24:17 PM
snip
These and many more good news, and yet the price is falling to $42,000?
snip
Patience is the key to make big profit with cryptocurrency. We need to keep hold, and try to buy more when the market is down. In the past when the market is found to be crashing people get into panic and starts selling. This will be used as an opportunity by the whales in the market. Nowadays this has changed, because people believe it'll bounce back after the drop in the price. As said the market movement is sideways, and there is no drastic crash which helps the traders to make profit.
That's right, it seems that people have started to understand that when the market crashes, they shouldn't panic and sell.  Sincerity and patience are the keys so as not to lose in the market, let it go (in the past) we did stupid things like panic sell.  the market will definitely be bullish and those who are patient will definitely get big profits.
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