Bitcoin has been through going from 20k all time high price to 3k bottom, that is a HUGE drop that no altcoin has recovered from, ethereum was around 1500 dollars and reached to 200 dollars just recently, was even lower, around 100 dollars and last year bottomed at around 80 dollars for a while.
So, as you can see the market has always been something horrible already, I do not think that there are people who would look at the market right now and think that this is much worse compared to those times. This is even better because all other markets will be hurt whereas bitcoin will be on the same playing field whereas that one was just crypto and everything else was doing fine. Hence I think if we came over that time and peaked over 10k again and even reached to 14k once, I think we can recover from this as well, we even probably already did as well.
Topic: Can the market stand this trial (Read 714 times)
Recovery is a certainty as long as this space remains. What we are not sure of is when it will happen. But over the years it always happens only for the patience that can hold for the time duration of the ups and downs.
The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.
We did returned from that 50% fall and now taste another 11% drop so i think that we will be in this for couple of times before the max effect of halving becomes dominant.You have to look at the experience of the previous year where Crypto market prices as it has become a habit,
\we cannot just compared the market today than those in the previous because we are in Halving now and this is too far from the normal years.I think we can just evaluate what this Pandemic effect and the reaction of the market in the next months.
Should we feel hopeless because of the pandemic and can't able to see the bullish again?
Well, it gives me no stress thinking of Bullrun to show up again. Besides, we are experiencing multiple dumps and trials before, in fact, it was worse that today. But look at, we are still alive and until there is market demand, we still have a chance to see back the horizon again. We don't need to be optimistic and think about another ATH just to prove something but having the market working on, it is good enough to say that we are still worthy of the trust.
Well, it gives me no stress thinking of Bullrun to show up again. Besides, we are experiencing multiple dumps and trials before, in fact, it was worse that today. But look at, we are still alive and until there is market demand, we still have a chance to see back the horizon again. We don't need to be optimistic and think about another ATH just to prove something but having the market working on, it is good enough to say that we are still worthy of the trust.
You have to look at the experience of the previous year where Crypto market prices as it has become a habit, I see every 4 years the market price always decreases dramatically, but then increases dramatically after that. That is a natural thing in the Crypto world. Now we see, that the market is still standing and I'm sure it will survive.
Indeed the crypto market is very difficult for us to predict even things that we never imagined can happen in a while, then if we already understand the crypto market up and down price it is a regular thing but for now the market is good and we have to make good use of it.
current market conditions are falling and will usually recover prices and the effect of halving bitcoin that can make the exchange conditions become crowded again, so at least take advantage of the moment of the collapse of cryptocurrency prices to buy as much as you can.
whatever happens the market will get better.
because it is natural for the conditions of sale and purchase, or maybe indeed market conditions that do not allow it to rise because of the many selling requests and there is no buying response.
everything has a reason, except for shitcoin which suddenly rises / falls dramatically in one day.
because it is natural for the conditions of sale and purchase, or maybe indeed market conditions that do not allow it to rise because of the many selling requests and there is no buying response.
everything has a reason, except for shitcoin which suddenly rises / falls dramatically in one day.
Based on the history of bitcoin and the rest, I don't think there is anything new here. The cryptocurrency market have been known for something, volatility. This might continue that way because that is the nature of cryptocurrency. We just need to be wise.
The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.
We already had a sharp drop a few months back. The prices declined by more than 60% (from $10,100 to $4,100) between mid-February and mid-March. But then, the exchange rates recovered to the previous levels thanks to the hype surrounding the block reward halving. If we look at the longer picture, the current prices are much higher when compared to the levels we had for most of 2018 and the first half of 2019.
Indeed the crypto market is very difficult for us to predict even things that we never imagined can happen in a while, then if we already understand the crypto market up and down price it is a regular thing but for now the market is good and we have to make good use of it.
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the market can recover if this scenario worsen and last for several months
That extract what happened a few months ago and look like it's going to repeat again. The abruptly downward on the market right now will behave like the same cycle as before. Hodl and be patient. 
The market is holding a good, recent trip to over $10k proves that! Many altcoins recorded a nice rise in the last few weeks too, last night drop doesn't concern me, after every rise it's natural for me to expect a drop, it's going with experience, more time you spend here you get more used to fluctuations, temporary rises and drops, all that is normal in crypto!
of course this movement is very normal in cryptocurrency trading because we all know that price movements will not always go up and will not always go down so I am very confident that the conditions of this exchange will return to normal when world health conditions have recovered then I am sure the world economy will return rose including the price of cryptocurrency at the exchange place. This market has collapsed many times in the past, and until now the market still exists and develops. A few years ago the price of bitcoin was only a few dollars and now it has reached thousands of dollars, which is a huge growth. Do not be too scared by the current situation, surely this market will overcome and continue to grow in the future
The OP should expect more crashes but amidst the crash, there will always be an eventual rise. When this happens, people who are optimistic, particular those who sell high and buy low will keep making their profits. Even if you forget to sell when it was high, you can still buy more at a low price, peradventure the money is available and when it rises again, you can take your profit. This is how some people recover theirs loses.
The market is holding a good, recent trip to over $10k proves that! Many altcoins recorded a nice rise in the last few weeks too, last night drop doesn't concern me, after every rise it's natural for me to expect a drop, it's going with experience, more time you spend here you get more used to fluctuations, temporary rises and drops, all that is normal in crypto!
The market always withstands the trials that it's taking. A newbie can always worry about things because you haven't seen how strong and tough is the cryptocurrency market.
But, in the past, there's more than that, and the people who witnessed those remains intact and firmly believing that it can survive because it did in the past.
But, in the past, there's more than that, and the people who witnessed those remains intact and firmly believing that it can survive because it did in the past.
Market will always recover. More and more people are getting aware of cryptocurrency so they will come into the market. After bitcoin fell from 20k to 3k most people thought bitcoin won't rise again but it did.
the market situation can change at any time so it is not surprising to see the current market situation. for me personally is very optimistic that the market situation can improve as soon as the corona problem can be resolved and it is likely to increase crypto adoption again.
Based on the crypto market situation of recent years, I see, the crypto market is gradually recovering its position. So, all we need to do now is wait patiently. Don't lose your trust and why don't you choose a few altcoins to keep them, the profits will come in the near future.
The market has already withstood it till now which proves a common but very important fact and that is, the crypto space have something good to offer which makes it still standing till now even when most markets are struggling to keep up with the harmful effects or results of the pandemic. Also the nature of the crypto space then, that is, when the pandemic was declared and the nature now shows there is a good and big positive difference. In my own opinion I see it as, people are still trading and holding while new people are coming in, in order to be able to meet up with their personal needs etc since most businesses are on lockdown.
The volatility of the cryptocurrency market is only in the short term due to the psychological factors affected by the COVID-19 epidemic. Currently is not the worst price for traders. The price of Bitcoin and other cryptocurrencies is now improving according to market sentiment thanks to the monetary and financial policies introduced by countries to limit the economic impact of COVID-19.
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