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Topic: are we going to have "fear" months? - page 5. (Read 976 times)

sr. member
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Vave.com - Crypto Casino
January 10, 2022, 01:46:46 PM
#48
Seeing the decline in prices in the last month and a half, maybe some people are afraid. not to mention the unusually long period of negative market sentiment. Therefore, I think, people can stay in fear mode for the next month or two, as Bitcoin price usually moves sideways before a decisive up or down move.
Infact the price has not shows any sign of ending the decline, everyday the price goes dip while investors are encouraged to buy at dip yet the price continue to drop, I hope the fear in the next two months wouldn't cause more newbies hodlers dumping their coins consequently leading to more price drop, this is indeed a trying time for new investors and hodlers, I hope the price correction end soonest and bullish runs return with full force, one certainty is that the price would surely bounce back having witnessed even more correction in the past.
legendary
Activity: 3346
Merit: 1128
January 10, 2022, 01:10:53 PM
#47
I like to think it won't happen but with all the FUD coming out in social media you will be pushed to the edge of selling your lovely bitcoins especially the new investors. They lack the drive of holding it and they want profits as fast as they can because that's what they learned in the same platform "social media". "Buy this, be rich quick" schemes and Bitcoin is being used as the face of it.
No wonder we are back to $40k. That is where the strength is, the real hodlers. The question will be, who is going to buy back all those coins that was left by the soft hands? Yes, it will be the old investors again.  Cheesy When? A big question. They might be waiting, just like us.
Social media will always have people who do FUD and FOMO, right now there are two types of people, one of them says that this is the end of bitcoin and we will drop to a crazy low level, and the others are saying this is just a discount and nothing important. They are both wrong, this is not the end of bitcoin, but this is also a serious drop that takes us back a while as well.

In the long run the second party is a bit more right, because in the long run I believe it will be 100k+ one day anyway, but this is taking us some time back to lower levels and it will take a while before we go back to 50k+ which we had just last year so why would going down be anything good.
hero member
Activity: 2884
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January 10, 2022, 12:30:33 PM
#46
one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.

i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).

do you think January and possibly February could be the Fearuary months?
If to this we also add the belief people have that the past has the tendency to repeat itself, then we can see how the behavior of investors will be affected by the belief that just because the market of cryptocurrencies crashed at the and of 2017 and the beginning of 2018 that something like this could happen again, so if we add all the factors that are currently in play there is a definitely a possibility that we could see a further decrease in the price.
legendary
Activity: 3668
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January 10, 2022, 11:02:32 AM
#45
Months!?  Cheesy

Try years. And it'll be years of fear and disappointment until the world moves on from the failed bitcoin experiment.

I can see big disappointment in your words. Was it a bad time to buy?

Nah, he just loves to troll about the price. He's doing it for (too) many years.

@proudhon, nice to see you posting again! Your presence tends to become a good signal for price starting to rise again Grin
sr. member
Activity: 1274
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January 10, 2022, 10:58:19 AM
#44
Months!?  Cheesy

Try years. And it'll be years of fear and disappointment until the world moves on from the failed bitcoin experiment.

I can see big disappointment in your words. Was it a bad time to buy?

The market situation is very nervous now and we are probably very close to panic. Still, the mood is full of hope that 2022 will be a repeat of 2021. I think February will be a month of fear, but in the end everything should end positively.
legendary
Activity: 2198
Merit: 1311
January 10, 2022, 10:53:21 AM
#43
Months!?  Cheesy

Try years. And it'll be years of fear and disappointment until the world moves on from the failed bitcoin experiment.
hero member
Activity: 2660
Merit: 551
January 10, 2022, 10:50:46 AM
#42
I like to think it won't happen but with all the FUD coming out in social media you will be pushed to the edge of selling your lovely bitcoins especially the new investors. They lack the drive of holding it and they want profits as fast as they can because that's what they learned in the same platform "social media". "Buy this, be rich quick" schemes and Bitcoin is being used as the face of it.
No wonder we are back to $40k. That is where the strength is, the real hodlers. The question will be, who is going to buy back all those coins that was left by the soft hands? Yes, it will be the old investors again.  Cheesy When? A big question. They might be waiting, just like us.


I doubt though that the recent decline is due to the FUD?

It has something to do with the Kazakhstan political issue isn't it? as the bitcoin mining switch from China to Kazakhs and now there is a turmoil in that country, with no electricity sending the market into chaos as the hashing power is dropping.

So in any case the price is really going to drop hard because of this inadvertently effect of what is happening in that country.
full member
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January 10, 2022, 08:24:20 AM
#41
Seeing the decline in prices in the last month and a half, maybe some people are afraid. not to mention the unusually long period of negative market sentiment. Therefore, I think, people can stay in fear mode for the next month or two, as Bitcoin price usually moves sideways before a decisive up or down move.
hero member
Activity: 3052
Merit: 651
January 10, 2022, 08:21:26 AM
#40
I like to think it won't happen but with all the FUD coming out in social media you will be pushed to the edge of selling your lovely bitcoins especially the new investors. They lack the drive of holding it and they want profits as fast as they can because that's what they learned in the same platform "social media". "Buy this, be rich quick" schemes and Bitcoin is being used as the face of it.
No wonder we are back to $40k. That is where the strength is, the real hodlers. The question will be, who is going to buy back all those coins that was left by the soft hands? Yes, it will be the old investors again.  Cheesy When? A big question. They might be waiting, just like us.
hero member
Activity: 2996
Merit: 802
January 10, 2022, 08:01:45 AM
#39
Already starting from early November 2021 it's when magnify image mirrors of bitcoin downgrade started indicating how Bitcoin will appear in 2022 so am not surprise experiencing the falling of bitcoin, actually i taught on my own that bitcoin will accelerate by January which we are into but since is not cognitive enough to predict cryptocurrency and it land at the accuracy side of it, so let not us Skip fear of more falling of bitcoin, and advice to study chart of bitcoin to if possible the falling have a strong bond before you can adventure into purchasing more of it.

Yeah, This whole downtrend started after the big hype on ETF approval was already over. China timing there FUD news when there's no big news that people keeps holding on. This worsen when Omicron news appear since it might result for another global economic crisis due to its fast transmission rate. But having this in mind, I will still have confidence holding Bitcoin since institutional investor is still not losing hope and they are the one who holds the majority of the supply so its a still goog as long as they are holding.
hero member
Activity: 3192
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January 10, 2022, 07:52:25 AM
#38
Quote
i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be

Do you have any idea of what the ACTUAL Bitcoin price should be? Grin
I think that the current BTC price is the actual price.What happened in October/November was a price bubble and the 69K ATH price wasn't sustainable.The price bubble popped and we are now witnessing the actual price of Bitcoin,which is around 40-42K.
Yes,we are going to have "fear" months,but that's OK.
Bitcoin proved that it cannot serve as a safe heaven or as the perfect protection against inflation.
It's still a great volatile and risky asset,which outperformed all the other financial assets,but definitely not a safe heaven or inflation protection tool.
hero member
Activity: 2170
Merit: 530
January 10, 2022, 07:12:12 AM
#37
More traders will definitely store their BTC into stablecoin because of this price. It's just that some are still hopeful that the price will abruptly jump up but as it's going down every week for the last 2 months, it's not going to be pretty for BTC holders.

It's a sounding alarm because even the stock market is also down, it's a signal of a market downturn which may surprise us because it is not really the "buy the dip" opportunity as we thought.

I also prefer to hold my bitcoin with the current market price drop not just for the fact that it is the dominant crypto but also I do believe that time will come it will going to up its price again. I don't think that I would speculate about the enter the bull trend earlier this year but I am very positive that we will go to see an up trend market of crypto within this year. I feel that this year bitcoin will be going to attain another milestone and hopefully, it will going to break its own ATH record, I don't think so if a $100k is possible but at least higher than its recent ATH.
hero member
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https://www.betcoin.ag
January 10, 2022, 06:42:33 AM
#36
More traders will definitely store their BTC into stablecoin because of this price. It's just that some are still hopeful that the price will abruptly jump up but as it's going down every week for the last 2 months, it's not going to be pretty for BTC holders.

It's a sounding alarm because even the stock market is also down, it's a signal of a market downturn which may surprise us because it is not really the "buy the dip" opportunity as we thought.
full member
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January 10, 2022, 05:34:13 AM
#35
Now bitcoin price around $41.5k+ i think most people now are want $50k-$60k+.Bitcoin is most valuable coin and bitcoin development increase day by day.I hope bitcoin development will be more in future. This the market condition that happening around the crypto market.I Think bitcoin price will be more increase in next two moth and it will be increase in 2022 and reached to next moth $50k+.
If you say desire, maybe many people want bitcoin to reach the price of $100,000K, but that is unlikely to happen at the beginning to the middle of this year, because the correction doesn't seem to be fully healed for now, it is true that bitcoin is the only stable coin and is developing fairly well, the increase in bitcoin in the long term is also still very high, compared to the previous two years, and this year bitcoin will return to a good trend.
The desire must be balanced with the Bitcoin journey on the market, if not it is just a dream we want to achieve, talking about Bitcoin inseparable from the beginning of the trip until now, the process to achieve at current prices is the development they do, coupled with the existence of other influences Make Bitcoin increasingly priceless until now, realistic indeed if people expect Bitcoin to reach high prices, but we also don't forget this year Bitcoin hasn't recovered from a correction, so what needs to be done is the recovery, to be achieved at the price that people want.
hero member
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Leading Crypto Sports Betting & Casino Platform
January 10, 2022, 05:15:10 AM
#34
Now bitcoin price around $41.5k+ i think most people now are want $50k-$60k+.Bitcoin is most valuable coin and bitcoin development increase day by day.I hope bitcoin development will be more in future. This the market condition that happening around the crypto market.I Think bitcoin price will be more increase in next two moth and it will be increase in 2022 and reached to next moth $50k+.
If you say desire, maybe many people want bitcoin to reach the price of $100,000K, but that is unlikely to happen at the beginning to the middle of this year, because the correction doesn't seem to be fully healed for now, it is true that bitcoin is the only stable coin and is developing fairly well, the increase in bitcoin in the long term is also still very high, compared to the previous two years, and this year bitcoin will return to a good trend.
hero member
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January 10, 2022, 03:52:35 AM
#33
Already starting from early November 2021 it's when magnify image mirrors of bitcoin downgrade started indicating how Bitcoin will appear in 2022 so am not surprise experiencing the falling of bitcoin, actually i taught on my own that bitcoin will accelerate by January which we are into but since is not cognitive enough to predict cryptocurrency and it land at the accuracy side of it, so let not us Skip fear of more falling of bitcoin, and advice to study chart of bitcoin to if possible the falling have a strong bond before you can adventure into purchasing more of it.

legendary
Activity: 1372
Merit: 2017
January 10, 2022, 02:00:44 AM
#32
Not in my particular case. I will not be afraid for the next few months. I have been investing for some time now and I know what the ups and downs of the market are. Also, playing poker, the spurts have a certain similarity with stock market cycles. When my investments go down or I have a losing streak, I continue to do the same, DCA and play my style, because I know that in the long run I win.

Another thing is the masses, they are already, not just in fear, almost in panic I would say, and as the fear and greed index shows. As the economic year in general does not look bullish, with rate cuts in sight, I guess this will last at least a few months.

full member
Activity: 1358
Merit: 104
January 09, 2022, 04:00:53 PM
#31
Now bitcoin price around $41.5k+ i think most people now are want $50k-$60k+.Bitcoin is most valuable coin and bitcoin development increase day by day.I hope bitcoin development will be more in future. This the market condition that happening around the crypto market.I Think bitcoin price will be more increase in next two moth and it will be increase in 2022 and reached to next moth $50k+.
hero member
Activity: 2814
Merit: 911
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January 09, 2022, 02:11:48 PM
#30
~
I guess tonight might be more crucial and if we see any bullish action tonight then we can be sure about upcoming bullish trend in 2022 otherwise this year would be a replica of 2014 and 2018.
Why you think that it is necessary to have some bullish trend in the market today, either way the market is moving high today and the market started to move higher by 3% and will see how long it can go. I am still expecting the market to go side way somewhere down the line and hopefully we will see that happen in the next few months and that is my expectation considering the global financial situation where inflation is looming.
legendary
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January 09, 2022, 01:46:10 PM
#29
People were looking for $100k a month ago, but now everyone are towards $50k. This is all because of the market fluctuation thats happening around the cryptocurrency network. Whenever the market experience downturn, automatically there arises fear among the investors. Specific people who have used to it, and if they are into trading it is good time to make an entry
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