Topic: Bitter truth behind the market crash - page 2. (Read 891 times)
I think the main factor of falling the price of bitcoin and altcoin is, because too many negative issues surrounding this year's crypto. So cause panic, especially on newcomers.Sehingga greatly affect the price of crypto
What will happen next?
1.Whales who sold for higher prices will buy slowly at low prices and will become 1.5* rich.
2.Some people will leave the Crypto market.
3.Believers will HODL.
4.The market will slowly recover.
1.Whales who sold for higher prices will buy slowly at low prices and will become 1.5* rich.
2.Some people will leave the Crypto market.
3.Believers will HODL.
4.The market will slowly recover.
I kinda agree with the part of "What will happen next?" Up until now, it is just a vicious cycle like what you have prescribed on that part. Small people ( small coins and small guts) will leave this market and the HODL-er will be the winner, well not a fully winner, since the winner is always the whales.
Well i think a lot of people already left the market leading up to this point. They've dragged the market to this value anyways and it's going to be better without them. Btc went close to going under 6k before pulling back and personally i believe we're under the whales moving the market right now.
Despite the crash and the slow recovery process, most industry players feel there is no need to worry because the cryptocurrency market capitalization remains fairly stable. Don't worry about it it's all part of the crypto.
It is just a part of crypto that somtimes down and sometimes up. It plays the rules of being volatile. Market price rapidly changed . But I believe after this crash it will give a big return to everyone who invest and stay strong and positive.
What will happen next?
1.Whales who sold for higher prices will buy slowly at low prices and will become 1.5* rich.
2.Some people will leave the Crypto market.
3.Believers will HODL.
4.The market will slowly recover.
1.Whales who sold for higher prices will buy slowly at low prices and will become 1.5* rich.
2.Some people will leave the Crypto market.
3.Believers will HODL.
4.The market will slowly recover.
I kinda agree with the part of "What will happen next?" Up until now, it is just a vicious cycle like what you have prescribed on that part. Small people ( small coins and small guts) will leave this market and the HODL-er will be the winner, well not a fully winner, since the winner is always the whales.
Most of them just buy tokens and waited for it to go up without other transactions done, they were hyped by the fact that there is a huge profit in crypto if the value goes high. The problem is when the demand goes down just for a while, others tend to sell their tokens too just to avoid losing more. What happens to the market? more coins are being put on sale while the buyers can only buy few. This results to dump.
They can sell at times putting a stop/loss target and then planning accordingly.I would suggest that these people should start to learn and understand the crypto market movement.
Everyone wanted to make huge profits without having thorough knowledge of what the market and crypto currency is all about. When the market reached the peak there was euphoria with more and more people investing into it and the greed to become millionaire in a night overpowered but when the market showed fluctuation there was chaos, sudden panic compelled everyone to sell their coins, insecurity stopped them to wait and hold and obviously the market crashed due to chaotic mindsets.
Worldwide people do $500/month to $10,000/month jobs. Gold is $1350/ounce and Silver is $17/ounce
1 Bitcoin = $2,000 killed its growth.
I think you ment that bitcoin was 20k, not 2k. Anyway, the prices are irrelevant, because the medium of exchange must be divisible, what means you could buy a fraction of an ounce or a satoshi of a bitcoin. And the price of 1 satoshi is currently well below one cent of a dollar.1 Bitcoin = $2,000 killed its growth.
I agree with the thread author's comments and most of it were true. In my views, this bear market on the cryptocurrency is part of the cycle in the crypto market and definitely it will not be always bear market but it will recover soon after some corrections made in the market. For those people that are trying to do investments but with lack of knowledge and understanding about crypto currency, I would suggest that these people should start to learn and understand the crypto market movement. With this acquired knowledge , they could now understand how the crypto market works and this will be good since they will not just dump their coins because they no longer panic.
When the price started to fall which it inevitably would after reaching such heights they panicked and that's why we got a lot of the crash that we did.
The reason you're giving to us is maybe not enough because i think it would be more details about the present problem.
Bitcoin will forever be a mystery, all observations and analyzes are often wrong, many people say that bitcoin will disappear this year but I'm sure that bitcoin can last up to at least 40 years from now.
Its unfortunate that such kind of things happen in the crypto market , a number of people getting into crypto without getting to know much about it, everyon wants to skip important steps and get into money making stages not realizing that it takes quite some time and effort which most arent patient enough to
Yes, I agree with your observations, but I don't believe the percentage you mentioned, i think they are just assumptions and no bases. Though this is the reality in crypto business industry, we should think on the positive side or grab the opportunity to buy and invest, since we know that after all these crisis, things will be back to normal and an uptrend of bitcoin price would come soon.
your judgment is very true as I thought and it is very difficult in prediction because its basic cryptocurrency can not be predicted.
maybe in the future also the market will be different again from now. keep positive and spirit!
maybe in the future also the market will be different again from now. keep positive and spirit!
Excellent observation. I wish if I have sendable merit then I can give you merit for this great observation post.
Many people will leave the crypto market, yes some of the known people already leave the cryptomarket because of bitcoin price down.
Lots of people came in the crypto platform by seeing the price, they don't know about bitcoin, someone invested by hearing bitcoin will hit 30k USD very soon, and now they are blaming bitcoin.
Many people will leave the crypto market, yes some of the known people already leave the cryptomarket because of bitcoin price down.
Lots of people came in the crypto platform by seeing the price, they don't know about bitcoin, someone invested by hearing bitcoin will hit 30k USD very soon, and now they are blaming bitcoin.
It's true what's happening right now is the ongoing decline but it's all unnecessary thinking because it's all over and it's all going to go back and no need to panic about all this as it will end and bitcoin will give something good in the future.
looks like only noobs came and thats bad, u said noffing about big investors, i think they are buying that panic holders sellinng without big profit, so richer always get richer, noffing new.
Hello everyone, why are you panicking? At the moment, there is no demand for bitcoin and therefore it drops to the bottom (another blow in the media and banks).
But let's think-all the same bitkoin evolves, and soon after the correction, the demand will return, and after that the supply will increase.
P.S. Panic is our enemy ...
But let's think-all the same bitkoin evolves, and soon after the correction, the demand will return, and after that the supply will increase.
P.S. Panic is our enemy ...
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