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Topic: And officially worst year for investors - page 3. (Read 837 times)

sr. member
Activity: 2828
Merit: 344
win lambo...
October 19, 2022, 09:24:14 AM
#54
2022 is going to be the worst year for crypto investors. Any thoughts guys?
Might say the hard times in crypto but not the worst year ever, we never know in the coming year or in the next bear season. But as my assessment of the market now, it was just like in the past which also creates some panic selling and big sell-off from doubters and impatient individuals. It could be somewhat difficult for the starters to think about it and not earning fast from their investment but for us who have been here for many years and had experienced several price drops, we can say it was just a normal market condition.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
October 19, 2022, 08:31:16 AM
#53
So now we  If I invest some money then I can get double money.
Don't be too sure about doubling it. I know that we'll make some money but you're unsure if it's going to be doubled or maybe a portion of it or maybe more than that.  Cheesy
This desire or expectation to double money instantly like this is what often makes people, especially beginners, disappointed with cryptocurrencies. Why? because we know that crypto investment does not always guarantee that we will always get a profit, let alone multiply profits. This will depend on several things, including market conditions and how patient we are to make the investment, including in what crypto we invest.

Not only that, these desires or hopes sometimes make newbies an easy target for scammers by promising their money to double instantly by investing in these scammers.
Yeah, that desire of earning to double their capital so quickly makes them the easy target for these scammers. A simple few words of tricks and they're going to be gullible and about talking about how much they can earn so quick. Having that gullible thought will make them the easiest target because of some promises like making their money double is what music to their ears but it's more than music to the ears of those scammers and tricksters that are targeting and looking for them.
hero member
Activity: 1344
Merit: 540
October 19, 2022, 07:23:36 AM
#52
2022 is going to be the worst year for crypto investors. Any thoughts guys?
There are many thoughts about 2022 with the market up to now. The problems, whether negative or positive, are always happening. I don't have too many thoughts to bother with, as I am, in fact, a pro-market companion in many of the other areas it creates. Sometimes some tough things happen, but I think patience before anything pays off. This phase of the market is also a time for us to study the field more and spend more time acquiring knowledge for the future, which will feel beneficial in this space.

But I think you will agree that 2022 is almost ending and yet the market is still very much in red and negative and majority of the coins are down like -70% or greater.

I do agree that in this kind of market, we need to be very careful and patience is the key. Because

1. price is down, but we can take advantage of it buy buying because it is cheap
2. when you buy, you should have the mentality not to sell and hold till the next bull run. So the question, is investors willing to wait that long?
full member
Activity: 742
Merit: 102
Second Live
October 19, 2022, 07:10:17 AM
#51
2022 is going to be the worst year for crypto investors. Any thoughts guys?
There are many thoughts about 2022 with the market up to now. The problems, whether negative or positive, are always happening. I don't have too many thoughts to bother with, as I am, in fact, a pro-market companion in many of the other areas it creates. Sometimes some tough things happen, but I think patience before anything pays off. This phase of the market is also a time for us to study the field more and spend more time acquiring knowledge for the future, which will feel beneficial in this space.
hero member
Activity: 616
Merit: 749
October 19, 2022, 06:55:58 AM
#50
The current time is a bit bad for everything. If you consider it from any place or place you will see that the current situation is very bad everywhere.Everything including our cryptocurrencies are going through bad times right now. People aren't having a good time at anything right now.But wait, better time will surely come.Especially when the year 2022 ends, we are expected to have a good time in everything.

2022 has been bad for the financial market in general as both stocks, bond etc are crashing as the crypto market is crashing so no where is safe and in times like this one wonder of diversifying into other assets are advisable since financial crisis like this can destroy all your investing. Instead of investing in multiple market why not save. If you had savings, now would be the best time to invest and get cheap coins.
The crypto market is the best market to take advantage of and secure a future for yourself as the profit can come in quick without having to worry about too much taxes or eyes
sr. member
Activity: 1386
Merit: 451
October 19, 2022, 06:39:26 AM
#49
2022 is going to be the worst year for crypto investors. Any thoughts guys?
The current time is a bit bad for everything. If you consider it from any place or place you will see that the current situation is very bad everywhere.Everything including our cryptocurrencies are going through bad times right now. People aren't having a good time at anything right now.But wait, better time will surely come.Especially when the year 2022 ends, we are expected to have a good time in everything.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 19, 2022, 05:51:49 AM
#48
Well, there are many investors out there who are making great returns. It just takes a little time to reap the rewards. If you enter the crypto market or invest, you can't expect to make instant profits every time. We must be prepared mentally and financially because there are times when investments may take longer to make a profit than expected. Again, progress is still progress, even if it is not instantaneous.
The year has been what it needs to be. People need to stop calling a year bad because these are continuous things that will keep changing. Knowledge on how to deal with market changes is important. If a market remains bullish, you can buy Bitcoin. If the market rises, you have to sell and book the profit.

Don't see how people see this as bad. The same people are going to complain when prices go up that it is too expensive to buy anymore.

Definitely progress happens but this a speculative market, don't expect progress either. Bitcoin is progressing on its tech, but that effect on market is not going to make a huge impact.
sr. member
Activity: 2352
Merit: 245
October 19, 2022, 04:16:28 AM
#47
2022 is going to be the worst year for crypto investors. Any thoughts guys?
Well, it looks like it is. This year is completely under the bear period and its end is not yet in sight. And the bearish period has always had a negative impact on the cryptocurrency market. Interest from some investors was falling at that time, professional investors, on the contrary, use this time to purchase cryptocurrencies that are potential for growth. But in general, there are few newbies joining the cryptocurrency at this time. At this time, we also see few new projects. In any case, this year has not yet been good for cryptocurrency.
hero member
Activity: 616
Merit: 749
October 18, 2022, 05:32:39 PM
#46
Well, there are many investors out there who are making great returns. It just takes a little time to reap the rewards. If you enter the crypto market or invest, you can't expect to make instant profits every time.

That's just how the world works, while it might seems unsuccessful for some investors, others might be winning. This year might have been worst for you especially if you had held LUNA while those that bought LUNC are smiling because they made one of the best gains this year as their coin has had a good run after relisting on Binance exchange and the burn mechanism was introduced to help burn some tokens from circulation.
Remember that whenever you're selling, there's someone buying and same when it's the other way round. So while you might have been panick selling there was someone who was buying and they're smiling now or soon.
hero member
Activity: 2660
Merit: 551
October 18, 2022, 04:58:47 PM
#45
So now we  If I invest some money then I can get double money.
Don't be too sure about doubling it. I know that we'll make some money but you're unsure if it's going to be doubled or maybe a portion of it or maybe more than that.  Cheesy
This desire or expectation to double money instantly like this is what often makes people, especially beginners, disappointed with cryptocurrencies. Why? because we know that crypto investment does not always guarantee that we will always get a profit, let alone multiply profits. This will depend on several things, including market conditions and how patient we are to make the investment, including in what crypto we invest.

Not only that, these desires or hopes sometimes make newbies an easy target for scammers by promising their money to double instantly by investing in these scammers.

Well, there are many investors out there who are making great returns. It just takes a little time to reap the rewards. If you enter the crypto market or invest, you can't expect to make instant profits every time. We must be prepared mentally and financially because there are times when investments may take longer to make a profit than expected. Again, progress is still progress, even if it is not instantaneous.


50/50 still, those who are making huge returns might be those who have enough experience in this crypto market. So it's going to be a struggle for average joe and newbies.

Nevertheless, as you have said, it takes time and money to reap the rewards, so we have to be patience here. Also you touch base a good subject, about the mental preparation so that is also something that every traders should look at. If they don't have a positive mentality and can't get back after a huge lost, then maybe trading is not for them.
full member
Activity: 1008
Merit: 139
★Bitvest.io★ Play Plinko or Invest!
October 18, 2022, 04:55:21 PM
#44
So now we  If I invest some money then I can get double money.
Don't be too sure about doubling it. I know that we'll make some money but you're unsure if it's going to be doubled or maybe a portion of it or maybe more than that.  Cheesy
This desire or expectation to double money instantly like this is what often makes people, especially beginners, disappointed with cryptocurrencies. Why? because we know that crypto investment does not always guarantee that we will always get a profit, let alone multiply profits. This will depend on several things, including market conditions and how patient we are to make the investment, including in what crypto we invest.

Not only that, these desires or hopes sometimes make newbies an easy target for scammers by promising their money to double instantly by investing in these scammers.

Well, there are many investors out there who are making great returns. It just takes a little time to reap the rewards. If you enter the crypto market or invest, you can't expect to make instant profits every time. We must be prepared mentally and financially because there are times when investments may take longer to make a profit than expected. Again, progress is still progress, even if it is not instantaneous.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
October 18, 2022, 04:48:33 PM
#43
So now we  If I invest some money then I can get double money.
Don't be too sure about doubling it. I know that we'll make some money but you're unsure if it's going to be doubled or maybe a portion of it or maybe more than that.  Cheesy
This desire or expectation to double money instantly like this is what often makes people, especially beginners, disappointed with cryptocurrencies. Why? because we know that crypto investment does not always guarantee that we will always get a profit, let alone multiply profits. This will depend on several things, including market conditions and how patient we are to make the investment, including in what crypto we invest.

Not only that, these desires or hopes sometimes make newbies an easy target for scammers by promising their money to double instantly by investing in these scammers.
sr. member
Activity: 1722
Merit: 269
October 18, 2022, 04:00:10 PM
#42
2022 is going to be the worst year for crypto investors. Any thoughts guys?

I don't know. Even though my portfolio has took a huge hit sadly and has only a fracture of it's value in comparison to May of 2021 i still think that the bear market from 2018 on was much harder than this one. I mean just take a look at ETH for example it still is at around 1300 at the moment. Back in the last bear market it dropped to 150$. Of course this this not help you very much when you have bought your coins during the last bullrun of 2020 and 2021 but i still think that the years from 2018 to 2020 were harder.
This bear market is not over yet though and it could stil happen that we see prices of below 1000$ per Ethereum or below 15k per BTC or even lower than that.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
October 18, 2022, 11:57:06 AM
#41
2022 is going to be the worst year for crypto investors. Any thoughts guys?

Some see disaster, others like myself see opportunity. Now is the time to buy assets whilst they are low. You can plant seeds that will give you amazing profits by buying now.

Correctly, You can divide those for whom the glass is half empty and those for whom the glass is half full. There have always been optimists and pessimists. Everyone showed what happened in the past. The OP calls this year the worst. But OP, a year hasn't passed yet, and you don't know what's to come. 
Maybe one day you will say that you were very wrong when you said that everything is bad today. There have been and will be crises, but what we will take away from these remains only our choice.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
October 18, 2022, 11:30:27 AM
#40
It can be said that, in 2018 the price dropped by around 60% but currently there are many top coins such as ETH, BNB, XRP and so on which have dropped more than 70%, bitcoin has also dropped more than 70% and currently market conditions do not show signs of recovery .
I still think 2018's market was worse than the currently one. Even though percentual losses are similar, we still have bitcoin price near 19,000$-20,000$, while in 2018 it dropped to 3000$.

On the other hand, we have some very impactful negative events inside crypto universe this time, like Luna, Celsius and other lending platforms' scams, being vastly reported by traditional media in key countries, especially US.

2022 may enter the history as a year of losses for investors due to the natural market's fluctuations, but also due to the many scams ran by big names of the industry who were considered trustworthy by many enthusiasts.
sr. member
Activity: 1162
Merit: 260
October 18, 2022, 11:19:09 AM
#39
this year better compared 2018 or 2015 when the price of crypto was nothing yet it was dumping from the all time high price which has proven if crypto was always growing forward but the problem is there are so many shorters right now. 2018 was even better compared with 2015. The price of crypto was growing significantly in every 4 years. that means if crypto gonna get another boom again very soon.
Let's not forget the crypto charts for each year and not subjectively just rate cryptocurrencies this year, because every 4 years there is a certain year causing the cryptocurrency price to crash at its lowest point and if that year has passed then it's time to wait for the market to recover, so there is nothing to make we panic if understand every 4 year cycle of crypto history, we can predict that 2023 and 2024 then bull market will come and that also means for ATH.
The crash was happening once the hype will be done and we have seen such things happened so many times. People didn't understand if 4 year cycle was exist in the market. that makes people are also try to consider it as the main reason why they are feeling worry if the price will be going to the another low again. they are feeling worry if 4 year cycle was a myth and it will not gonna real
sr. member
Activity: 1890
Merit: 252
October 18, 2022, 10:09:43 AM
#38
It can be said that, in 2018 the price dropped by around 60% but currently there are many top coins such as ETH, BNB, XRP and so on which have dropped more than 70%, bitcoin has also dropped more than 70% and currently market conditions do not show signs of recovery .
I think that i just wanna remind you that if bitcoin goes even higher compared when it has reached its new ATH around 2017. that proves that the higher it will be growing and then the deeper it will dump. I meant you must not forget it.
This is not the worst year for crypto investors as bitcoin is still remain steady in the market.
That's true regardless of the current state of the crypto market but I'm not worried and don't see this as the worst year yet,
I think it's only a matter of time to see the Bitcoin price rise again,
but indeed it takes patience and that is the key
hero member
Activity: 3080
Merit: 603
October 18, 2022, 09:44:49 AM
#37
2022 is going to be the worst year for crypto investors. Any thoughts guys?
Take a look at 2018. That might be the worst for those investors that have a lot of holdings but, a true investor won't look at how bad the market is. They'll look at the market the way they're looking the same as the bullrun. This is the time for all of us to accumulate as much as we can and don't take it negatively because that's not how investing works. The best that you can make will be planted during the worst year of the market although, the look of it doesn't really good for most but that's the reality of it. You have to look the best and good part of it even if for majority, it's the worst.

Compared to what happened in 2018, this year is not the worst. What the 2018 bear season caused was really terrible, the whole market was almost dumbfounded as bitcoin dropped from $20k to $3k, ETH went below $100. It was the worst time for me, I had to cut lose everything because I thought it was the end of the market.
Yes, 2018 was way worse than what we have right now. This year is better compared to the past and this bear market isn't bloody as the past bear market. People just have to look at the market and be appreciative because of what we've been through, we're not noticing that despite the situation that we've got now, we're forgetting how tougher it was before. We just have to look at the greater things and good outlook rather than the negative side which will just make you more discouraged instead of thinking outside the box.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
October 18, 2022, 08:15:47 AM
#36
2022 is going to be the worst year for crypto investors. Any thoughts guys?
Not all investors are sad this year, many are able to locked-in their profits in stable coins waiting for the right moment to reinvest it. I made some money as well, and still holding it as my buying power so when Bitcoin goes deeper, I might be able to catch it. This is not my worst year with cryptocurrency, maybe I worked hard not to lose a single cent but of course, the market is unpredictable and losing is inevitable as well. If you lose money in the three quarters, you still have time to make some, don't lose hope and keep trying.
hero member
Activity: 1064
Merit: 501
October 18, 2022, 08:03:44 AM
#35
Every year has its ups and downs in the crypto market and this year won't be the inception. Crypto has encountered so many bearish trends and it survived and came out strong in the end. This year's downgrade of price in crypto doesn't mean your investment is gone. It's only gone when you decide to sell below the price you invested. As far as you have a long-term goal in crypto no cause for alarm about the bitcoin price
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