Topic: Bitcoin and Ethereum at risk of serious losses - page 4. (Read 689 times)
Let's say BTC goes to $29.000. So what? Strong hands will still HODL. I'd purchase more right now because this is a great time to buy cheap. Everything is temporary and once BTC grows again don't come here to cry how you sold it for nothing. I've been through so many ups and downs since 2013 that such movements don't impress me at all. If I were you I'd sell the FIAT instead
Why do you try to stick shitcoins to bitcoin?!!
He is not doing this for the reason that he is personally convinced of it, but he has only copied a part of the article on the basis of which the entire post is composed anyway. Those who write things like this are not very intelligent, but neither are those who spread such propaganda on the forum.
This situation is not new, we have been in a bearish phase for about two months or more so it is not surprising that the price of Bitcoin will fall to this price and below as well, the same for Ethereum because it always follows the footsteps of Bitcoin, it is possible that this decline will continue below 30k$, especially after the US Federal Reserve’s decision to raise the interest rate, but this is not a problem with Bitcoin. It happened much more difficult than these things before, but Bitcoin managed to overcome all the difficulties and came back strong, so you do not have to worry, but you have to be more patient until the green color again.
Why do you try to stick shitcoins to bitcoin?!!
Whenever bitcoin goes down all shitcoins including ethereum dump much harder. For example in the past 24 hours bitcoin dropped 1.6% while shitcoins like ethereum dumped 4+%. Not to mention that the long term dumps of shitcoins like ethereum are still massive, in this particular case it has lost more than 60% in the past 4 years consistently going down despite all the short term desperate pumps.
If you look at any other shitcoin, they are behaving similarly. So don't try to separate this particular shitcoin and stick it to bitcoin alone!
Months ago when I was surprised and was fighting those who insisted that after 13 years bitcoin should abandon not-following any markets and start following US stock market, you should have been worried and surprised not now that their FUD efforts have succeeded in convincing people to panic sell due to US stock market burning to the ground.
Whenever bitcoin goes down all shitcoins including ethereum dump much harder. For example in the past 24 hours bitcoin dropped 1.6% while shitcoins like ethereum dumped 4+%. Not to mention that the long term dumps of shitcoins like ethereum are still massive, in this particular case it has lost more than 60% in the past 4 years consistently going down despite all the short term desperate pumps.
If you look at any other shitcoin, they are behaving similarly. So don't try to separate this particular shitcoin and stick it to bitcoin alone!
It is not known exactly what surprise it will bring us
Your mistake is that you think the surprise is the drop while forgetting all the things that led to the drop.Months ago when I was surprised and was fighting those who insisted that after 13 years bitcoin should abandon not-following any markets and start following US stock market, you should have been worried and surprised not now that their FUD efforts have succeeded in convincing people to panic sell due to US stock market burning to the ground.
So after like 6 straight weeks of red for the major cryptocurrencies and not to mention the S&P500 shitting the bed, this article writer thinks there will be more red as if it's some new discovered information lol.
As they say out there, let's not fall into madness. Of course, you don't have to be a genius to know that these cryptocurrencies are going through a critical moment and at the same time taking us with them... you can't know what is really happening, but if I'm sure of something, it's that sooner than later it will rise and hopefully more than expected since these have great volatility in the market.
We cannot despair and lose our peace of mind, if we feel fear it is advisable to remove a part and leave the rest, we have to see this as a long-term investment. since the only thing we can do is invest, support and wait for the benefits that will come.
We cannot despair and lose our peace of mind, if we feel fear it is advisable to remove a part and leave the rest, we have to see this as a long-term investment. since the only thing we can do is invest, support and wait for the benefits that will come.
If you bought at the $60,000 level then you are already losing a lot. You may have even lost 50% of your money already. But everything is just paper loss. It cannot be the final value of your Bitcoin portfolio unless you decide to call it quits and sell them. So the best thing for now is to strengthen your hands and hold on. If you can successfully weather this storm, then you will eventually see a positive return of your investment sooner or later.
Volatility and unpredictability have been factors ever since. So people shouldn't be surprised.
Volatility and unpredictability have been factors ever since. So people shouldn't be surprised.
Why does you posted a different time frame charts of BTC and ETH? If you're using same time frame you'll see the charts are same.
Ethereum is also facing this behavior and it is estimated that if both continue with this scenario they could go from a difficult situation to a critical, leading them to have greater and greater losses.
The reason why this token faced same pattern because almost altcoins will follow Bitcoin, this is why ETH's chart is similar with BTC's chart. This token was supposed to overtake BTC on 2017-2018 where BTC goes crash and the domination is significantly drop. But since ETH can't overtake BTC, ETH will never overtake BTC even BTC will face a hard situation, ETH will always follow the same situation and wouldn't work otherwise.Quote
Now, I wonder what is the reason for this behavior? Why can't it go up to extremely high levels if it seems to be being used by more people?
Because of those articles and so called professional analysis predict Bitcoin will face bearish season in this year, including you. That's why many people sold his Bitcoin and wait until it hit the bottom to buy the dip.Quote
I find it impressive what is happening in recent days with Bitcoin, its bearish state is causing a stir among analysts,
The main digital currency has started this year with difficulties, after so many events worldwide, bitcoin has not managed to achieve the bullish objectives that many expected, was it is so much that have 15% loss and after this it has been exposed to large imbalances, it has gone from a maximum of $39,850 to a minimum of $36,665 in recent days, an event of great tension since breaking the resistance so as not to continue decreasing, would drag this to values of $29,620 and $28,060, which would confirm the pessimistic predictions.
I find it impressive what is happening in recent days with Bitcoin, its bearish state is causing a stir among analysts,It is not known exactly what surprise it will bring us, and it is not only the case of this cryptocurrency, Ethereum is also facing this behavior and it is estimated that if both continue with this scenario they could go from a difficult situation to a critical, leading them to have greater and greater losses.
But as always, nothing is written and anything could happen with these coins, as discussed in cryptobriefing
Now, I wonder what is the reason for this behavior? Why can't it go up to extremely high levels if it seems to be being used by more people?
Source: https://cryptobriefing.com/bitcoin-and-ethereum-are-at-risk-of-capitulation/?utm_source=feed&utm_medium=rss
I find it impressive what is happening in recent days with Bitcoin, its bearish state is causing a stir among analysts,It is not known exactly what surprise it will bring us, and it is not only the case of this cryptocurrency, Ethereum is also facing this behavior and it is estimated that if both continue with this scenario they could go from a difficult situation to a critical, leading them to have greater and greater losses.
But as always, nothing is written and anything could happen with these coins, as discussed in cryptobriefing
Quote
given the high volatility in the cryptocurrency market, the bearish thesis could be invalidated. Bitcoin would have to reclaim $38,000 for a chance to make higher highs, while Ethereum would need to slice through the $3,270 resistance level to stage a bullish breakout
Now, I wonder what is the reason for this behavior? Why can't it go up to extremely high levels if it seems to be being used by more people?
Source: https://cryptobriefing.com/bitcoin-and-ethereum-are-at-risk-of-capitulation/?utm_source=feed&utm_medium=rss
Jump to: