Are we going to recover or continue to dump? - page 7.

Pandu Geddon

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Quote from: Rigon on August 03, 2022, 06:36:01 PM

Although the price of Bitcoin has pumped up a bit, the price is still relatively low.The rate at which the price of Bitcoin was falling, but the price of Bitcoin is not increasing.But Bitcoin market will take more time to recover, it is not recovering easily.But if we look at the past market charts of Bitcoin, we can see everything clearly.So if any of you can afford to invest without losing patience, then invest and wait for a long time.

some people are hesitant to enter the market and buy bitcoins due to some negative news regarding the ongoing decline in Bitcoin. although now looking better with pumps and corrections, the market is looking stronger and trying to gain market stability. but in reality, the support that Bitcoin gets is also lacking. there is a possibility of a deeper correction happening again. That's what makes some people still waiting for the decline to occur.

but I don't care about that, what I know now is that there is a discount and we can buy it now. buy a few and try to save some in case of a more severe dump. I realize this is for the long term, and I think everyone knows how to invest in today's market conditions.

Rigon

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Quote from: virasisog on August 01, 2022, 12:05:53 PM

Quote from: smartaction on July 31, 2022, 10:28:03 PM

Quote from: Mark301 on June 27, 2022, 02:03:06 AM

What are your current opinions on the cryptocurrency market?

The entire cryptocurrency market has already been heavily dumped. But the market has been trying to recover for quite some time. And the price of other currencies, including Bitcoin, has remained stable. At the same time, the price of everything is gradually increasing. so i think we going to recover now.

There were a few coins that pumped a bit but since the price of Bitcoin is becoming quite stable, they still dumped later on. I guess this market situation will still take time to recover and if we'll take a look at the history of the market, the ATH cycle takes every 4 years so it's just the best time to buy and have patience for a while.

Although the price of Bitcoin has pumped up a bit, the price is still relatively low.The rate at which the price of Bitcoin was falling, but the price of Bitcoin is not increasing.But Bitcoin market will take more time to recover, it is not recovering easily.But if we look at the past market charts of Bitcoin, we can see everything clearly.So if any of you can afford to invest without losing patience, then invest and wait for a long time.

Quidat

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Quote from: tippytoes on August 03, 2022, 06:09:23 PM

Quote from: virasisog on August 01, 2022, 12:05:53 PM

Quote from: smartaction on July 31, 2022, 10:28:03 PM

Quote from: Mark301 on June 27, 2022, 02:03:06 AM

What are your current opinions on the cryptocurrency market?

The entire cryptocurrency market has already been heavily dumped. But the market has been trying to recover for quite some time. And the price of other currencies, including Bitcoin, has remained stable. At the same time, the price of everything is gradually increasing. so i think we going to recover now.

There were a few coins that pumped a bit but since the price of Bitcoin is becoming quite stable, they still dumped later on. I guess this market situation will still take time to recover and if we'll take a look at the history of the market, the ATH cycle takes every 4 years so it's just the best time to buy and have patience for a while.

If you have strong belief in bitcoin market particularly, this is actually good time to accumulate satoshis that you can afford to store for long-term. Because if you do think that in the near future, we will experience a good price of bitcoin, then, why not take advantage of the current market, right? We are seeing a bearish period today, but sooner or later, once it starts recovering, you may regret of not buying today.

It all matters with your plan and mindset towards your investment whether you would be that accumulating or would simply skipping out buying decisions when the market had made out some significant movement. We are all speculators and there's no way that we could able to predict on what would happen in the future. Market conditions could change from time to time whether it would be bearish or bullish depending on the market demand and some sentiment which could neither affect or not in overall condition.If you are that projecting for longer time aspect then
you would definitely have plans on holding for long term and wont care with the current market condition.

tippytoes

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Quote from: virasisog on August 01, 2022, 12:05:53 PM

Quote from: smartaction on July 31, 2022, 10:28:03 PM

Quote from: Mark301 on June 27, 2022, 02:03:06 AM

What are your current opinions on the cryptocurrency market?

The entire cryptocurrency market has already been heavily dumped. But the market has been trying to recover for quite some time. And the price of other currencies, including Bitcoin, has remained stable. At the same time, the price of everything is gradually increasing. so i think we going to recover now.

There were a few coins that pumped a bit but since the price of Bitcoin is becoming quite stable, they still dumped later on. I guess this market situation will still take time to recover and if we'll take a look at the history of the market, the ATH cycle takes every 4 years so it's just the best time to buy and have patience for a while.

If you have strong belief in bitcoin market particularly, this is actually good time to accumulate satoshis that you can afford to store for long-term. Because if you do think that in the near future, we will experience a good price of bitcoin, then, why not take advantage of the current market, right? We are seeing a bearish period today, but sooner or later, once it starts recovering, you may regret of not buying today.

lepbagong

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Quote from: FlamingFingers on August 01, 2022, 12:59:31 PM

Quote from: Mark301 on June 27, 2022, 02:03:06 AM

What are your current opinions on the cryptocurrency market?

I think that the market will continue to dump until we hit probably $10k+ per bitcoin, because that is the rate at which miners are using to mine bitcoin currently, and miner capitulation might occur, couple with lots of negative news surrounding the globe as regarding China and USA crisis, let's not forget that the Ukraine Russia crisis also had a great impact in the dump that occurred to bitcoin few weeks ago, I won't be surprised if USA make a move to resist China and another global outrage occurs this will definitely have a negative effect on the market, just my opinion though

Inflation is happening almost all over the world and this is definitely going to have an impact on bitcoin as the market responds negatively to the inflation. not yet because purchasing power is starting to decline, so the effect must be there.

I think the possibility that what you said about the price of bitcoin going down to $10K is definitely true, my friend, if you look at the past (previous halvings) where the decline was up to $5K so maybe 2x is now normal.
and the increase will also be slow, maybe until the next halving.

indeed there are many problems currently that affect bitcoin, "negative news" "economic crisis" "Russian invasion" "embargo of the European Union" clearly this is a problem that cannot be ignored, in situations like this bitcoin will be vulnerable to correction.
but we believe bitcoin will always repeat it and remember bitcoin is used to experiencing this.

FlamingFingers

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Quote from: Mark301 on June 27, 2022, 02:03:06 AM

What are your current opinions on the cryptocurrency market?

I think that the market will continue to dump until we hit probably $10k+ per bitcoin, because that is the rate at which miners are using to mine bitcoin currently, and miner capitulation might occur, couple with lots of negative news surrounding the globe as regarding China and USA crisis, let's not forget that the Ukraine Russia crisis also had a great impact in the dump that occurred to bitcoin few weeks ago, I won't be surprised if USA make a move to resist China and another global outrage occurs this will definitely have a negative effect on the market, just my opinion though

virasisog

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Quote from: smartaction on July 31, 2022, 10:28:03 PM

Quote from: Mark301 on June 27, 2022, 02:03:06 AM

What are your current opinions on the cryptocurrency market?

The entire cryptocurrency market has already been heavily dumped. But the market has been trying to recover for quite some time. And the price of other currencies, including Bitcoin, has remained stable. At the same time, the price of everything is gradually increasing. so i think we going to recover now.

There were a few coins that pumped a bit but since the price of Bitcoin is becoming quite stable, they still dumped later on. I guess this market situation will still take time to recover and if we'll take a look at the history of the market, the ATH cycle takes every 4 years so it's just the best time to buy and have patience for a while.

smartaction

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Quote from: Mark301 on June 27, 2022, 02:03:06 AM

What are your current opinions on the cryptocurrency market?

The entire cryptocurrency market has already been heavily dumped. But the market has been trying to recover for quite some time. And the price of other currencies, including Bitcoin, has remained stable. At the same time, the price of everything is gradually increasing. so i think we going to recover now.

LUCKMCFLY

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Quote from: fullhdpixel on July 17, 2022, 03:38:15 PM

Quote from: Russlenat on July 13, 2022, 04:58:00 PM

Quote from: Mark301 on June 27, 2022, 02:03:06 AM

What are your current opinions on the cryptocurrency market?

The market has never recovered, so most likely we will witness more price dumps in the next days to come. Bitcoin I though will be stable already in $20k-$21k but then it went down and the rest of altcoins have also declined. While it’s not healthy anymore to see a market like this, but for the whales and all the wise investors waiting around, what we have at the moment are still the best opportunities to invest.

There was some small bounce but that was still considered as a recovery. Maybe for you, you have your own definition of recovery and that is when you see the price goes back at 40k and above. And just because the price always stays like this, will it mean it will remain like this? No but cryptos can sometimes do a miracle where it can jump unexpectedly.

So, if I were you I will invest now, if you haven't yet because you are still waiting for more dumps. You're not wrong with your thoughts because bitcoin is already stable at 20-21k range. I don't know if what's with this price on why btc loves to stay here but I think this price is already reasonable. It's not that too low and not that too high.

This is also what I think, I think that the most intelligent thing is to buy in each dip there is, and buy in a grained way in case the price drops a little more, but in case of what we are currently experiencing, it is a good option to buy too , but you have to be careful about it, because or we can be rushing with everything, because we can't rule out that the price can go down again, even less than $19k, if we do it that way I think you could make the most intelligent purchases in the lowest priced exchanges so far.

Newlifebtc

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Quote from: Rigon on July 21, 2022, 06:50:45 PM

But the market has come up a bit. With the way the market started to fall a few days ago, we thought Bitcoin could fall below $8,000.But since then the market has started moving upwards and is in a good position till now But I think we are now moving towards pumping and not dumping.But for you to see something better Wait a long time.

Crypto currency price is no longer falling so this time around we are experiencing a bullish market that is why some investors I'll be happy to get more cryptocurrency especially bitcoin so I believe without the value of bitcoin right now is showing a positive interest and encouragement for those people who want to get into it going again

SirLancelot

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Quote from: Pamadar on July 25, 2022, 01:16:11 AM

It's better to observe before taking your money inside. The pump might end any time and you'll be suffering from

Losses, you just have to look deeper and wait for a good time to invest your money. There are experienced traders who, really
understand how to suck a decent amount of money while newcomers and those who don't know what to do will possibly losses
their money with some fears and panics that may take place.

Or if someone is too lazy to wait for any changes in this market, they can just read information online if what are the characteristics of this market. There's no pump that happened lately but the ones that we feel last time is just a small recovery.

This was still a good time for someone to enter. When we saw someone put a decent money in this market, we shouldn't hastily copy what they are doing because we never know what if those guys are well experienced or more skillful than us? It's better if we can just invest based on our ability. Don't worry because the longer we stay here, the more experience we can obtain. We can also reach their level in the future.

martyns

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The market is going to very much unpredictable this moment but we hope to recover but not sooner. Bitcoin is the top reason behind the dump of other coins. But traders, the ones with high level of experience in the space are already opening positions while the ones that haven't gather enough experience still join them and it results to their loss. The market dump this period really dip that. Expected and it's taking time to recover.

Pamadar

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Quote from: Hamphser on July 19, 2022, 05:52:08 PM

Not that fan of market news and sentiments but basing on technicals.

Bitcoin price moves toward $24K and traders expect further upside, after a support retest
https://cointelegraph.com/news/bitcoin-price-moves-toward-24k-and-traders-expect-further-upside-after-a-support-retest

Speaking with technicals and support retest if this one breaks out then expect we would be heading on 30k level point
but not an assured thing to happen though.

Not assured indeed! the market went down again, and the direction is bearish.

Though the chance that it will move forward and try to bounce back is possible, it will depend now on how the traders and
investors see the possibilities and start to buyback.

Still a rollercoaster ride with market sentiments, you have to choose with your strategy and what system you will be using
to make some good outcomes.

Ahli38

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It is very difficult to analyze current market conditions. even chart patterns sometimes don't match. now there are often fake bulls. for bitcoin we can only continue to accumulate from the nearest support price. and sell when it fails to touch resistance. or we can save it for long term investment. but today I prefer to invest in the medium term first if the price is not from the bottom decline. for long term investment I have placed an order at the lowest support price. stay calm. and don't be in a hurry is the key to still being able to make a profit. do the analysis calmly.

Pamadar

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Quote from: blockman on July 24, 2022, 03:38:27 PM

Quote from: CryptocurencyKing on July 24, 2022, 08:06:22 AM

The market can't continue to dump, it would bump as more users continues to seek a buying opportunity in a bear market and that's clearly the case as we have it now with bull, gaining strength to push price back.

And it can't also continue to pump, we saw some bit of recovery but that doesn't mean that we're in a bull run already. That's not yet the time because this type of movement from the market is scary. If you can remember during the time when it was stagnant after its pump, the market has to dump again.
That's why these times are scary and if you don't know what to do, keep on observing and prepare your spare money so in case, another dump comes, you can buy at cheap price.

It's better to observe before taking your money inside. The pump might end any time and you'll be suffering from

Losses, you just have to look deeper and wait for a good time to invest your money. There are experienced traders who, really
understand how to suck a decent amount of money while newcomers and those who don't know what to do will possibly losses
their money with some fears and panics that may take place.

romero121

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Unlike the market move, there are people who are much bullish. From my understanding it looks like altcoins are taking position to grow big. The price of ethereum have grown above $1600. As of now bitcoin is around $23k which is good. The market recovery will happen for sure, but we don't know how long it takes. According to the present market situation, the growth is predicted to take place in a slow manner with market fluctuation taking place at regular intervals.

blockman

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Quote from: CryptocurencyKing on July 24, 2022, 08:06:22 AM

The market can't continue to dump, it would bump as more users continues to seek a buying opportunity in a bear market and that's clearly the case as we have it now with bull, gaining strength to push price back.

And it can't also continue to pump, we saw some bit of recovery but that doesn't mean that we're in a bull run already. That's not yet the time because this type of movement from the market is scary. If you can remember during the time when it was stagnant after its pump, the market has to dump again.
That's why these times are scary and if you don't know what to do, keep on observing and prepare your spare money so in case, another dump comes, you can buy at cheap price.

CryptocurencyKing

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It's been almost a month after you created this thread and you can see the level of progress in the price index already. Although, we often believe in a long winter as per bearish market, it never really gets to stay very long to be clear. I think what we experience is more of some serious fall in price that creates the dip, followed by a little pump that drives the market into a consolidation market and then you have price play around that session with series of pump and dump until it moves into a full fleshed bull market.

The market can't continue to dump, it would bump as more users continues to seek a buying opportunity in a bear market and that's clearly the case as we have it now with bull, gaining strength to push price back.

Pamadar

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Quote from: TelolettOm on July 23, 2022, 06:43:09 PM

I am not sure that the market will recover soon to Bullish. Maybe it will still be dropping although there will be also some increase during the parish. We don't know what will happen next a few months later, and we don't know the exact dip of Bitcoin price later. That is why we must be ready for every market situation. We can see how dropped the Bitcoin price and how this will be able to jump high, recovering from the bearish market era to bullish.
Let's see if this will be happening after the halving of Bitcoin or not.

We must be flexible or we can choose to stay long and continue to keep buying in any amount.

The chance of seeing the market to rise is very possible. The volatile nature of crypto can contribute to how will you
take advantage of this venue of investment.

There are many forms of potential profitable ways, though we can't say it's easy but doable in the sense that there are
experienced traders who continue to gain a decent amount of profits, long and short-term strategy works.

LUCKMCFLY

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Quote from: ?? on ??

Quote from: Mark301 on June 27, 2022, 02:03:06 AM

What are your current opinions on the cryptocurrency market?

Looking at the past years, we can see that the market is dumping a lot at that time of the year.Maybe if the market is good for one year then the market is dumping for another year.However, the market will have a long time in this position. Although recovery is required, we can see it only if we do a previous market analysis.

It is difficult, because I think that at this time even the purest and most effective analyst can be wrong, there are many threats of a global recession, and it is possible that things will not go as the BTC hodlers want, but it also represents a great opportunity, both for the countries with high inflation and for those who see that the BTC falls and is to buy, to shelter their money in a value act, not everyone can buy gold, but if anyone can buy BTC , which at any time can take any course, even go up a lot.

Topic: Are we going to recover or continue to dump? - page 7. (Read 3377 times)