Are we going to recover or continue to dump? - page 10.

LUCKMCFLY

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Quote from: _BlackStar on June 28, 2022, 07:18:43 AM

Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

This market is very volatile right? So it's always possible to get one of these and it's just up to you which one comes first. I think it all depends on how traders behave in the market because if the selling pressure is higher than the demand then the price will down again. It's true that there is belief among traders that the market is recovering after bitcoin hit $17.7K a while back, but we never really know if this minor recovery is a confirmation that the low is no longer being touched.

Until now I still believe that the bitcoin price or market cap can still drop lower as long as the bitcoin halving has not occurred. This cycle seems to be repeating itself and this is the reason why I think the price can still correct this year into next year. Lower price than $17.7K are still possible, so don't be greedy and invest what you can afford to lose.

It is good to have an opinion like yours because we cannot ignore that this scenario is very possible, and although the war between Ukraine and Russia is a fundamental factor that affects all speculative markets, it is clear that BTC has been affected, apparently by some investors. they present some panic and the records of btc sales are numerous, however for many this market represents an opportunity to buy, the only thing is that if the market continues to drop in price it is very likely, we have a probably warlike conflict between China and Taiwan, and every drum of war undoubtedly produces falls in the markets, I hope that this scenario does not occur, because if so, the price of btc would fall much more.

Fredomago

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Quote from: Lanatsa on July 08, 2022, 02:57:44 PM

We are currently sitting on 21681.00 price as of this writing which is better compared into previous or last days where it is sitting around below 20k which lots had assumptions that we might be seeing 10k soon

but we wont know if it could really happen since majority is really basing up with technicals but there are analysis that the market is oversold which does signifies that we might be seeing some possible full
flip up on the market or entire recovery even though its not an assurance to happen but we do have at least the idea on what are the probabilities of such condition that we might see later on.
Market is unpredictable and there's no way you could able to determine if this bear or correction time is over or we arent done yet.

Correct, market is unpredictable and there's no exact basis that we can say where it will be heading more on own assumptions and opinions, you must have alternatives in terms of good adjustments in case your anticipations failed, keep in mind that there are many influences that keeps of competition around and you always need to find the right path and your own criteria when placing your positions.

There's always a good chance that the market will bounce up and gain strength to bring back the bull. Hopefully, it will change the next trend.

kawetsriyanto

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Quote from: proTECH77 on July 08, 2022, 02:54:45 PM

It will be difficult for people to experience losses in Bitcoin investment in the future, because the price is too low for people to buy with huge amount of money and hold for the price to increase for their favour before they can sell to make profits. Since we are about to experience bull market, it will be favourable for anyone to use this opportunity to invest on a potential coins that will improve higher soon for people to be happy in the community.

Experience losses in the future?
I don't understand this statement. We know that people may get losses before, but they must have a chance to gain profits in the future. Why too optimistic and think about the possibility of losses in the future? Undecided

Sure, this bearish season is the right time to buy good coins. Top altcoins and Bitcoin are always the priority to buy during the bearish season. People know that coins with strong fundamentals are the safest coins to invest. I prefer to add more BTC and top 50 altcoins to my wallets. Wink

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Quote from: Fivestar4everMVP on July 08, 2022, 05:30:42 PM

Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

In reply to the subject of this topic, i would say, of course we are going to recover, the question you should be asking is "When", which i believe nobodies knows, so you just gotta keep hodling and be patient, if you have a day job that pays you weekly, Bi-weekly or even monthly salary, you can use part of your salary to keep buying the dip while waiting for the market to bounce back as it have always done.

And as for my opinion, i think the current state of the entire cryptocurrency market is a buying opportunity for all, prices will explode once again when the time is due, but for now, we should just keep buying the dip.

I can expect that market will going to recover after a few years from now if we based on historical chart around 1 year after halving we can see market changes by that time if I guess it right. I also plan to do the same to have a part of my salary to fund myself to accumulate some bitcoins as time goes. I experience the euphoria of the bull market, I want to be ready to experience it again.

Fivestar4everMVP

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Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

In reply to the subject of this topic, i would say, of course we are going to recover, the question you should be asking is "When", which i believe nobodies knows, so you just gotta keep hodling and be patient, if you have a day job that pays you weekly, Bi-weekly or even monthly salary, you can use part of your salary to keep buying the dip while waiting for the market to bounce back as it have always done.

And as for my opinion, i think the current state of the entire cryptocurrency market is a buying opportunity for all, prices will explode once again when the time is due, but for now, we should just keep buying the dip.

bitzizzix

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Quote from: BobK71 on July 05, 2022, 07:00:33 PM

Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

My thought consciousness at the moment is just to purchase. I believe the market will continue to rise and fall here and will rise again from here. So I will buy as many coins as I like and I will have to hold them all for a long time. I think this is probably the deepest and at the same time this is the opportunity for me. Crypto market especially bitcoin dumped 70% from the ATH so it can be the good opportunity to buy and have the possibility to run the bull market.

A drop in bitcoin of around 70% more is a very good discount to make a purchase now and it's a great opportunity to accumulate more holdings, considering before ATH happened yesterday, bitcoin's drop was 85% and it was a great turnaround.
and I also believe what happens to the movement of bitcoin or other cryptocurrencies that have ever happened will definitely happen again, after going down it will definitely go up again and it's just a matter of time.

FlamingFingers

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Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

If we are in bull season.

The current technical analysis could mean BTC trend turn bullish and it's just the start of the long journey to the upside.

But due to the bear season and alot of negative news about my gox releasing 150k from next month and Celsius sending 140k to FTX.

The current bull that just started could be a bull trap.

But I will always give 1% to everything and reason I don't want to overlook the bull signal.

If it fails we I readjust and face bear fully

But if it doesn't fails I will continue to ride it.

The bull trend just started technically.

NFA it's my personal opinion, you can even disregard it.

Lanatsa

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Quote from: proTECH77 on July 08, 2022, 02:54:45 PM

Quote

What are your current opinions on the cryptocurrency market?

Yes, We will of course recover if we selected the correct coin for trading. But the time of this return may have to wait a little longer and dump can also be continue. In this situation my current opinion is , if you have lazy money then invest in bitcoin for long-term. Because now Bitcoin has came to a good dip for long term traders and there is no worry about it's recovery. Just hodl btc and took profit after the bearish period end .

It will be difficult for people to experience losses in Bitcoin investment in the future, because the price is too low for people to buy with huge amount of money and hold for the price to increase for their favour before they can sell to make profits. Since we are about to experience bull market, it will be favourable for anyone to use this opportunity to invest on a potential coins that will improve higher soon for people to be happy in the community.

We are currently sitting on 21681.00 price as of this writing which is better compared into previous or last days where it is sitting around below 20k which lots had assumptions that we might be seeing 10k soon

but we wont know if it could really happen since majority is really basing up with technicals but there are analysis that the market is oversold which does signifies that we might be seeing some possible full
flip up on the market or entire recovery even though its not an assurance to happen but we do have at least the idea on what are the probabilities of such condition that we might see later on.
Market is unpredictable and there's no way you could able to determine if this bear or correction time is over or we arent done yet.

proTECH77

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Quote

What are your current opinions on the cryptocurrency market?

Yes, We will of course recover if we selected the correct coin for trading. But the time of this return may have to wait a little longer and dump can also be continue. In this situation my current opinion is , if you have lazy money then invest in bitcoin for long-term. Because now Bitcoin has came to a good dip for long term traders and there is no worry about it's recovery. Just hodl btc and took profit after the bearish period end .

It will be difficult for people to experience losses in Bitcoin investment in the future, because the price is too low for people to buy with huge amount of money and hold for the price to increase for their favour before they can sell to make profits. Since we are about to experience bull market, it will be favourable for anyone to use this opportunity to invest on a potential coins that will improve higher soon for people to be happy in the community.

BobK71

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Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

My thought consciousness at the moment is just to purchase. I believe the market will continue to rise and fall here and will rise again from here. So I will buy as many coins as I like and I will have to hold them all for a long time. I think this is probably the deepest and at the same time this is the opportunity for me. Crypto market especially bitcoin dumped 70% from the ATH so it can be the good opportunity to buy and have the possibility to run the bull market.

carlfebz2

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Quote from: Pandu Geddon on July 05, 2022, 09:56:04 AM

Quote from: Mauser on July 05, 2022, 09:49:14 AM

Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

It's very hard to predict the next few weeks of the crypto markets. The markets have been so volatile lately that it could in either direction. I really hope that we already hit the bottom, because every time the bitcoin price drops below 20,000 USD it's bouncing back. So there are definitely investors heavily buying below the 20k level. And somehow I hope that all the investors who want to get out of the market must have sold by now. I keep asking myself why would anybody sell his coins 18,000 USD when he didn't sell at 25 or 30,000 USD before? It must be all about panic selling. Even if I hope for the best case scenario I think the most likely scenario is that prices will stay at a similar level for the next several. Maybe in autumn we see the recovery setting in.

This situation is a little confusing. I read some people on the channel also warned to be careful with the current market situation. although the recovery looks quite good, the trade is still weak. it means that it is very easy for correction to occur again. and that's what we saw for the bearish movement stage after yesterday's ATH.
after a drop, there will be a small recovery, and then it will proceed to a deeper dump. this situation can trap people into a panic. all should decide on investment planning more wisely.

Dead cat bounce as they say?

Basing into those movements it do really fails on breaking that 17k and its been tested out for how many times but the market had failed out on breaking that point but doesnt mean that its a guaranteed strong

support yet it could really be break out but of course it would depend on the market sentiment whether it would really be just too negative in terms of news or fundamentals which could crash the price
even more or putting it in to worst condition or scenario and thats why never make yourself assured or being too confident about market price because it could really dump out without us knowing
or been aware and this is how unpredictable this market is thats why every course of action you would take wont really be giving out guarantees.

Pandu Geddon

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Quote from: Mauser on July 05, 2022, 09:49:14 AM

Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

It's very hard to predict the next few weeks of the crypto markets. The markets have been so volatile lately that it could in either direction. I really hope that we already hit the bottom, because every time the bitcoin price drops below 20,000 USD it's bouncing back. So there are definitely investors heavily buying below the 20k level. And somehow I hope that all the investors who want to get out of the market must have sold by now. I keep asking myself why would anybody sell his coins 18,000 USD when he didn't sell at 25 or 30,000 USD before? It must be all about panic selling. Even if I hope for the best case scenario I think the most likely scenario is that prices will stay at a similar level for the next several. Maybe in autumn we see the recovery setting in.

This situation is a little confusing. I read some people on the channel also warned to be careful with the current market situation. although the recovery looks quite good, the trade is still weak. it means that it is very easy for correction to occur again. and that's what we saw for the bearish movement stage after yesterday's ATH.
after a drop, there will be a small recovery, and then it will proceed to a deeper dump. this situation can trap people into a panic. all should decide on investment planning more wisely.

Mauser

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Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

It's very hard to predict the next few weeks of the crypto markets. The markets have been so volatile lately that it could in either direction. I really hope that we already hit the bottom, because every time the bitcoin price drops below 20,000 USD it's bouncing back. So there are definitely investors heavily buying below the 20k level. And somehow I hope that all the investors who want to get out of the market must have sold by now. I keep asking myself why would anybody sell his coins 18,000 USD when he didn't sell at 25 or 30,000 USD before? It must be all about panic selling. Even if I hope for the best case scenario I think the most likely scenario is that prices will stay at a similar level for the next several. Maybe in autumn we see the recovery setting in.

lixer

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Quote from: ScamViruS on July 02, 2022, 11:59:40 AM

Quote from: Bhig Daddy on July 01, 2022, 09:48:38 AM

Definitely there will be a bounce back, it might take time and even alot of time but most definitely there will be a change in the market. Life itself don't keep going, there is a time when it rain, when it snow and even dry season too. So don't panic there is a comeback in this.

The market will start recovery when the market is well prepared. Because the way the market has dumped in recent times has happened faster than traders expected. So the market has not been stable so far. It is true that it takes time for the market to emerge from the current situation. And no one can say for how long, because the market will decide its next trend. So Bitcoin can only be bought from now on as a long term investment.

It looks like the traders are the ones that are not prepared and not the market because you said traders didn't expect this dump was too fast but seriously it was really us humans are the ones that can prepare and not the market because market is not a living thing but market is only there to show the outcome of what people are doing like if most of us are buying, it will show a green chart while if we are selling then it will shows a red chart. Other than the fast dumped that happen, the duration of this bear market is also getting longer now. Despite of the dump, fluctuations are still there so short term is also possible not just long term.

Franctoshi

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Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

The market is really getting exhausted looking at both the fundamental and technical analysis side of it and with other indicators you can equally see the crypto market is in oversold zone while the stablecoin are overbought zone this is an indication that we've got a nice draw down, i.e 70% drop from ATH, Maybe we could see a bit more leg down again which would likely put the overall market pull back towards 80%-90% before we may start creeping up.
To summarize Bitcoin has stand the test of time during previous bear market and later did bounce back , with this fact I still believe it's just a matter of time, Bitcoin will Recover from here.

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Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

Yes, We will of course recover if we selected the correct coin for trading. But the time of this return may have to wait a little longer and dump can also be continue. In this situation my current opinion is , if you have lazy money then invest in bitcoin for long-term. Because now Bitcoin has came to a good dip for long term traders and there is no worry about it's recovery. Just hodl btc and took profit after the bearish period end .

Bhig Daddy

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You ever can tell, but for sure there is going to be a bounce back. You just have to prepare yourself for the worse and re-strategize for the best, but to be honest I think there will still be a dumb but one thing is for sure the bounce back is certain. It just a matter of when.

Fredomago

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Quote from: Yamifoud on July 03, 2022, 08:15:30 AM

Quote from: koang on July 03, 2022, 06:54:26 AM

Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

The market is in transition, Bitcoin is under attack by the fiat system. HODL

And if you are a trader, Exactly follow the levels and charts. Trade with discipline, have a diversified portfolio, I mean not shitcoins.
Have a higher awareness of what you are doing. And it's essential to choose the right direction

It was just time that the market turn down low again. We can speculate and blame other things as the reason for its decline but this is really how it works, it drops and pumps for many reasons. Now, if we are not able to understand it and accept this thing, it really makes us down and disappointed.

However, not all are quitters, many still manage to take risks despite their loss experience and that is because of the belief that one day the market turns bullish again making them recover from their losses.

It drops then along the way it will pump back, it's more on the investors views in how they will find opportunities to be compensated with the kind of market that experienced traders really wanted to play with, unlike newcomers and weak holders, experienced traders are maximizing every advantage that they are seeing when the market start to move.

BUy and hold or trade for short-term, it will be depending on how you anticipate the next market run,

the only thing that sure is the volatility of the market and it's up to your own judgement on how to work on it and earned.

rozak

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Quote from: Yamifoud on July 03, 2022, 08:15:30 AM

Quote from: koang on July 03, 2022, 06:54:26 AM

Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

The market is in transition, Bitcoin is under attack by the fiat system. HODL

And if you are a trader, Exactly follow the levels and charts. Trade with discipline, have a diversified portfolio, I mean not shitcoins.
Have a higher awareness of what you are doing. And it's essential to choose the right direction

It was just time that the market turn down low again. We can speculate and blame other things as the reason for its decline but this is really how it works, it drops and pumps for many reasons. Now, if we are not able to understand it and accept this thing, it really makes us down and disappointed.

However, not all are quitters, many still manage to take risks despite their loss experience and that is because of the belief that one day the market turns bullish again making them recover from their losses.

even some people who still have faith in the market and their assets make purchases to increase their holding assets.
because it has a strong belief in the ability of the market for the long term. they do not care about the losses suffered. everyone learns from the history of market movements. A decline is an opportunity for profit in the future.

Yamifoud

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Quote from: koang on July 03, 2022, 06:54:26 AM

Quote from: Mark301 on June 27, 2022, 03:03:06 AM

What are your current opinions on the cryptocurrency market?

The market is in transition, Bitcoin is under attack by the fiat system. HODL

And if you are a trader, Exactly follow the levels and charts. Trade with discipline, have a diversified portfolio, I mean not shitcoins.
Have a higher awareness of what you are doing. And it's essential to choose the right direction

It was just time that the market turn down low again. We can speculate and blame other things as the reason for its decline but this is really how it works, it drops and pumps for many reasons. Now, if we are not able to understand it and accept this thing, it really makes us down and disappointed.

However, not all are quitters, many still manage to take risks despite their loss experience and that is because of the belief that one day the market turns bullish again making them recover from their losses.

Topic: Are we going to recover or continue to dump? - page 10. (Read 3377 times)