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Topic: Bitcoin 2022 bear market? (Read 1393 times)

full member
Activity: 2268
Merit: 121
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April 21, 2023, 11:24:03 PM
In 2022 it was a year of sadness for me because I experienced a loss that I thought was big, in addition to being affected by a significant price reduction I was also affected by scams and made me prefer to store assets in top exchanges such as binance or huobi, and of course our hopes in 2023 could recover so that We can immediately forget 2022.
I'm also sorry, you suffered a loss due to price reductions and also scams. Indeed, the situation in 2022 after ATH was formed in 2021 made everything change because of a decline that usually occurs after ATH. you should not exchange it first but keep it if indeed the coin is good enough because every 4 years there will be changes again.

Your current action by saving your assets on the best exchange is of course very much appreciated, but you really have to be patient and don't be tempted to do anything when the market is really not good. You have to remember that repetition will always occur after an increase, there will be a decline and of course it can take a long time.
sr. member
Activity: 1484
Merit: 254
April 15, 2023, 04:47:39 AM
In 2022 it was a year of sadness for me because I experienced a loss that I thought was big, in addition to being affected by a significant price reduction I was also affected by scams and made me prefer to store assets in top exchanges such as binance or huobi, and of course our hopes in 2023 could recover so that We can immediately forget 2022.
hero member
Activity: 1526
Merit: 555
April 13, 2023, 09:58:43 PM
The time to be negative on BTC is when everyone else is positive, we have had alot of positive movement since the beginning of this year but we are not yet at peak optimism.  I think its approaching and we have a double band of possible resistance.   Current pricing just passed is the lower band and as we approach the next area of possible resistance thats where I think its most fortuitous to become negative for a period of time.  Not likely this whole year like 2022 was, but at least some parts of 2023 it will be worth viewing negatively while we pullback after gains obviously people will take profits along the way even we do record a green bar for 2023.

Or as the saying goes, buy when there is blood in the street. But it seems that the time or at least the best price to enter is long gone, it should be below $20k. But hey, everything is not lost if we are going to do some DCA approach because the price could be very well swell in the 6 figures in the next bull run.

It's normal to take profits, I did take some because I needed to buy a new aircon at my place last week when the price is at $28k. But no regrets for me, it's just a small amount that I sold and I'm still continuing to preserved as much BTC as I can regardless.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
April 13, 2023, 09:08:32 PM
The market in 2022 will make it difficult for us to forget, the price dropped by more than 70% and became a bad record that was repeated like the previous year, but now the market has started to stabilize and there is an opportunity to go up so we can forget about 2022 soon.
the repetition that bitcoin does is after it reaches the peak of ATH it will go down and it keeps happening and the events are repeated. agree with you we should forget about it soon because now is the time when bitcoin will start to move slowly. It must be remembered that in every era of the halving period, there will be an increase and it will happen next year and not for long, so if it is currently increasing, the probability will not be too high and only to give a momentary surprise.

Bitcoin is down 70%, which is a good thing if you are a real investor. If you bought bitcoin at that time and compared to the current price, you would have made a 70% profit. That's not a bad situation for bitcoin or for us. I find it quite funny because everyone wants to make huge profits, but when bitcoin drops, they don't dare to buy, and when bitcoin rises, they scream to buy. People are just trying to enrich the sharks, not themselves.
STT
legendary
Activity: 4102
Merit: 1454
April 13, 2023, 06:00:50 PM
The time to be negative on BTC is when everyone else is positive, we have had alot of positive movement since the beginning of this year but we are not yet at peak optimism.  I think its approaching and we have a double band of possible resistance.   Current pricing just passed is the lower band and as we approach the next area of possible resistance thats where I think its most fortuitous to become negative for a period of time.  Not likely this whole year like 2022 was, but at least some parts of 2023 it will be worth viewing negatively while we pullback after gains obviously people will take profits along the way even we do record a green bar for 2023.
sr. member
Activity: 2436
Merit: 267
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April 13, 2023, 04:59:29 PM
The market in 2022 will make it difficult for us to forget, the price dropped by more than 70% and became a bad record that was repeated like the previous year, but now the market has started to stabilize and there is an opportunity to go up so we can forget about 2022 soon.
the repetition that bitcoin does is after it reaches the peak of ATH it will go down and it keeps happening and the events are repeated. agree with you we should forget about it soon because now is the time when bitcoin will start to move slowly. It must be remembered that in every era of the halving period, there will be an increase and it will happen next year and not for long, so if it is currently increasing, the probability will not be too high and only to give a momentary surprise.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
April 06, 2023, 11:18:30 PM
As we have seen the bull market of 2021, history has shown there to be a following of a bear market in the next year (2022). What are your thoughts so far and how do you believe it will play out.

I think the bear market is still just starting, btc should now be around 16-22k on average price until 2025.

Your thoughts?
you looks like knowing the market and its flow, because from year of this post and indeed in 2023 the price of bitcoin goes down to16k and yes 22k seems the 2022 price .
but until 2025? wrong because bitcoin go up to 28k and now still holding that position and that is above that prediction of yours.
full member
Activity: 994
Merit: 101
April 06, 2023, 10:37:04 PM
2022 has passed and must be closed with tears, when the LUNA case was almost over and the market had risen to around $ 24k then a bigger case emerged, namely FTX and made the price immediately fall below $ 20k and even once reached a low of $ 15k, after the case FTX is starting to forget, now the market is starting to rise and it's approaching $30k, hopefully there won't be any more scam cases.
full member
Activity: 1162
Merit: 106
April 06, 2023, 09:03:38 PM
The market in 2022 will make it difficult for us to forget, the price dropped by more than 70% and became a bad record that was repeated like the previous year, but now the market has started to stabilize and there is an opportunity to go up so we can forget about 2022 soon.
full member
Activity: 1442
Merit: 108
April 06, 2023, 04:35:25 PM
it looks like we have passed that bearish phase and bitcoin has bottomed out in the current bearish phase, but it seems the market is recovering faster than expected and currently the bitcoin price has almost reached half of ATH 2021. some time ago the bitcoin price had dropped below $20k and hit a low of around $17k but the bitcoin price recovered quickly and currently bitcoin is in a positive trend, but unfortunately the positive trend had to be halted as bitcoin failed to break the $30k resistance line.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
April 06, 2023, 03:04:00 PM
The end of 2021 when the price reached ATH at a price of almost $ 69k, it made me optimistic that the price would reach $ 100k in 2022, so that made me continue to buy, unfortunately the price dropped and added to the many scam cases that made the price at an alarming level. and now 2023 the price looks to suggest recovery.
Why assume that $100k is going to be next after $69k? And If the price won't reach $100k, will you not be optimistic to invest in Bitcoin? I think you still will but you should not buy at the highs. You need to wait for another bear market first before re-investing again. A bear did happen after BTC hitting $69k and until now we still feel it.

A drop in the price of BTC is normal and BTC is not a scam so why will it be added to those many scam cases? WTF. Those who do that are only fake Bitcoiners who still have doubts about what BTC can do or maybe they are just a newbie in here that haven't check the history of BTC yet. We are now in 2023 and yes the price is now recovering, ready to enter the bull phase. You still can buy if you want to.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
April 05, 2023, 08:51:38 AM
...

Prediction is not easy and everyone cannot make such prediction but one can follow predictions from experts. As we see from the start the price was very high and goes more higher so we can say that this year  is very higher in worth and Bull run has been initiated.

In my opinion, no one can predict the bitcoin price, and no one can be called an expert, although I don't know how you define an expert. Self-proclaimed experts, like you and me, make predictions that may or may not happen, and no one can dare claim their predictions are certain to happen.

Bitcoin had impressive rallies in Q1, but that was not enough to prove that the bull season has begun, bitcoin could correct or even plunge at any time.
sr. member
Activity: 700
Merit: 380
🎗️🍁🎭
April 05, 2023, 08:27:21 AM
~~ ~snip

Your thoughts?
Thinking about Bitcoin, the current position in the market may turn into a bull market in the future. We noticed how much the market grew in 2021 when the price rose to the highest in history. but then the following year, 2022, the Bitcoin market turned into a bear market. In this we can definitely say 2023 Bitcoin price is now slightly above $28k as per current market. But of course we believe that going into 2024 the Bitcoin market price will be a bull market and it is widely believed that the price of Bitcoin will increase at a massive rate.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
April 05, 2023, 07:06:11 AM
yes it's true that the price of btc can go down but its also a reality that we don't have any information that when it will occur. Since previous 10 days the price of BTC remains higher above from 28k$ but for how much extents it will remains is unpredictable.

2022 was not such successful year and it is estimated that this year will be favorable for this individuals who keep holding bitcoin. Sharp Fluctuations can occur any time because the market is not straightforward as we think about it, and also the regular Fluctuations are beneficial for both seller and buyer of bitcoin.

Prediction is not easy and everyone cannot make such prediction but one can follow predictions from experts. As we see from the start the price was very high and goes more higher so we can say that this year  is very higher in worth and Bull run has been initiated.
sr. member
Activity: 448
Merit: 264
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April 05, 2023, 04:41:53 AM
2022 has passed and must be closed with tears, when the LUNA case was almost over and the market had risen to around $ 24k then a bigger case emerged, namely FTX and made the price immediately fall below $ 20k and even once reached a low of $ 15k, after the case FTX is starting to forget, now the market is starting to rise and it's approaching $30k, hopefully there won't be any more scam cases.
2022 and 2023 is not the same yeah 2022 is is past tense we are in present tense 2023 , last year occurrences of bitcoin befallen is no  more in this year,The many cases that have befallen crypto projects such as FTX and Luna have had a major and direct effect on price reductions,but at the moment 2023 Bitcoin market peaked at $28k. However, I believe the way the Bitcoin market is currently fluctuating suggests that Bitcoin will not grow much in 2023. But this year the price of Bitcoin may be between $40k/$50k.
member
Activity: 1078
Merit: 12
April 05, 2023, 04:37:05 AM
When there is a very rising bitcoin year, usually the following year will drop, this has happened several times, namely in 2013 the price skyrocketed then in 2014 it dropped, in 2017 it skyrocketed and 2018 dropped, and the last was 2021 it skyrocketed then in 2022 it dropped, it seems this is design from those who have an interest.
sr. member
Activity: 882
Merit: 403
April 05, 2023, 02:40:55 AM
The end of 2021 when the price reached ATH at a price of almost $ 69k, it made me optimistic that the price would reach $ 100k in 2022, so that made me continue to buy, unfortunately the price dropped and added to the many scam cases that made the price at an alarming level. and now 2023 the price looks to suggest recovery.

Didn't most of us make the same hopes and mistakes? lol. I feel you. I was just lucky enough to only suffer bearable losses since I was able to pull out a bit early. would have been in profit or at least lost less had I not let my emotions take over back then. haha. Oh well, what's important is the things we learned from the past phase of the market. I personally think I matured a little in terms of organizing my portfolio and planning my trades. I sure hope you and the others did too! This was more of a valuable experience rather than a lamentable loss so don't feel so down about it. Just continue to learn and get better. Good time are coming! Cheesy
sr. member
Activity: 1792
Merit: 255
April 05, 2023, 01:24:56 AM
The end of 2021 when the price reached ATH at a price of almost $ 69k, it made me optimistic that the price would reach $ 100k in 2022, so that made me continue to buy, unfortunately the price dropped and added to the many scam cases that made the price at an alarming level. and now 2023 the price looks to suggest recovery.
hero member
Activity: 2576
Merit: 579
April 04, 2023, 01:53:05 PM
The many cases that have befallen crypto projects such as FTX and Luna have had a major and direct effect on price reductions, apart from that there are many negative cases which indirectly also make bitcoin prices down such as the increase in interest rates by the FED and other, I agree that 2022 can It's been said to be a troubled year for bitcoin but I think we're past it now and hope the bulls that are starting to happen now can last longer than they have in previous years.
The bad cases that have befallen crypto in the last year are clearly over and everyone has been through that period quite patiently and also quite calm. And now is the time to look for more good opportunities in the crypto space to return, especially in Bitcoin which still has the potential to see an increase this year. From what has been seen and happened from January to March, it is very evident that Bitcoin is able to fix its price better and that has also encouraged more people to re-enter the market this year.
sr. member
Activity: 812
Merit: 254
Leading Crypto Sports Betting & Casino Platform
April 04, 2023, 11:28:07 AM

2022 was a dark year because there were many scam cases and those that made a big impact were LUNA and FTX, the impact of these 2 cases is still felt today and many investors are stressed and depressed because they lost money from LUNA and FTX, this is an important lesson for we should always be vigilant and don't make cryptocurrencies the main investment choice.
The many cases that have befallen crypto projects such as FTX and Luna have had a major and direct effect on price reductions, apart from that there are many negative cases which indirectly also make bitcoin prices down such as the increase in interest rates by the FED and other, I agree that 2022 can It's been said to be a troubled year for bitcoin but I think we're past it now and hope the bulls that are starting to happen now can last longer than they have in previous years.
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