Do you guys know really why people say "wait" when they are talking about the price going up in price? I don't know the exact reason, I can't tell you why waiting is the best thing to make a profit in bitcoin, not a concrete data that I can show you.
However I have one assumption, it is because bitcoin is volatile, we can be 3k or 11k and anything in between for the next 6 months for example, by September or so we could once again drop and go up and drop and go up. It means if you buy from any price that is not super high, like 20k during 2017 or something, eventually you will probably get profit, maybe it will take 6 months but you will get a profit since it goes up AND down so you can lose some money if you are unlucky but if you wait you can turn it into profit.
Topic: Can the market stand this trial - page 2. (Read 801 times)
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.
Yes, it can purely because there's actually a lot of interest from not only retail investors but institutions waiting to pounce when the price hits the right range so expect heavy accumulation under $5,000 and sell off once again if it goes up steeply but overall a plus at this stage (remember what happened last halving)
The market is showing signs of recovery but we are not there yet. I feel the market will experience further pull backs as it's being highly manipulated.
This is a gradual process as the market is already coming up little by little and hopefully before bitcoin halving things should come back and normalise and supposed to. The pandemic actually caused alot of damages and am very happy crypto market could survive it in such a way that everything keeps going up. It's actually progressing
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.
Yes, it can purely because there's actually a lot of interest from not only retail investors but institutions waiting to pounce when the price hits the right range so expect heavy accumulation under $5,000 and sell off once again if it goes up steeply but overall a plus at this stage (remember what happened last halving)
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.
From your point that market has survived a lot of situations in the time past. The happening right now is what market is capable of surviving. God forbid it didn't last long, but market has it's own way of normalising in such period like this. Let's just stay at home and stay safe while the market recovers.
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.
Don't worry about the market falling 50 percent during this troubled times.its not just something that happening in the crypto markets its happening to all the markets including the well established stick markets in developed nations and even gold which is considered safe haven is falling.
That was the reason why the market is stronger now, in fact when it down 50%, it bounces back and starting to recover, soon the price will rise to $7,000 and that's where the hype will begin again. Why people worried about the dump? because they are weak, they are newbie, they don't realize that bitcoin never died, it always recovers and once again bitcoin is proving it to us.
I agree with you, the entire cryptocurrency market have seen worse down movement and it rose higher, I'm sure it will do that again. There's no need to panic as not just cryptocurrency market is going down currently, it's the whole world. This pandemic causes a lot of issues for every investment option out there, I'm sure the virus is cured we will see a more bullish market
Hope everyone will think like this so the moment covid-19 will disappear, we can expect some good pump that we already miss over 2 years ago.
People are thinking of a bull run but it seems the market is not bullish as we expected, but then we have to continue holding and have more patience as just like the last time, we didn't see it coming.
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
Bitcoin is a coin with Nine Lives and to that I say yes, it will survive this fall too. It has survived past falls when most thought it was a bubble that had burst till now. You must remember too that other markets such as stocks and commodities are also crashing because of this outbreak. It is not a bitcoin fall alone. Humans are even most hit by the virus.
9 lives mate ? just like a cat . lol thats cool but seriously yes btc is too strong enough to be killed easily .
if we imagine , the situation is much worster before because the support for btc is only less and many people think btc is a scam but now that many people trust btc and many business accepts it , are they going to doubt about its credibility ? thats seems not right to me . we just need to remember that cryptos are volatile , thats it . no need to think of other negativities because that will only cause us to become paranoid .
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.
Don't worry about the market falling 50 percent during this troubled times.its not just something that happening in the crypto markets its happening to all the markets including the well established stick markets in developed nations and even gold which is considered safe haven is falling.
That was the reason why the market is stronger now, in fact when it down 50%, it bounces back and starting to recover, soon the price will rise to $7,000 and that's where the hype will begin again. Why people worried about the dump? because they are weak, they are newbie, they don't realize that bitcoin never died, it always recovers and once again bitcoin is proving it to us.
I agree with you, the entire cryptocurrency market have seen worse down movement and it rose higher, I'm sure it will do that again. There's no need to panic as not just cryptocurrency market is going down currently, it's the whole world. This pandemic causes a lot of issues for every investment option out there, I'm sure the virus is cured we will see a more bullish market
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.
Don't worry about the market falling 50 percent during this troubled times.its not just something that happening in the crypto markets its happening to all the markets including the well established stick markets in developed nations and even gold which is considered safe haven is falling.
That was the reason why the market is stronger now, in fact when it down 50%, it bounces back and starting to recover, soon the price will rise to $7,000 and that's where the hype will begin again. Why people worried about the dump? because they are weak, they are newbie, they don't realize that bitcoin never died, it always recovers and once again bitcoin is proving it to us.
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.
Don't worry about the market falling 50 percent during this troubled times.its not just something that happening in the crypto markets its happening to all the markets including the well established stick markets in developed nations and even gold which is considered safe haven is falling.
Talking about solutions, the only solution for the current conditions is to wait until things return to normal. this decline has a cause, and that cause not only affects bitcoin. in addition, a decline like this also often occurs in previous years, before prices rise again. however, to respond to problems like this, we just need to focus on finding ways to have even more assets.
You're right. As during any recession, the best thing that can be done is to try to preserve as many of your assets as possible by the time the recession reaches its lowest point, and at this point make an asset purchase. I'm afraid that an extremely small number of people will be capable of this, because most of them already have problems with finances.
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.
For the last more than 10 years this market suffers from so many HArdships but still standing strong.This pandemic may damage the flow of the value but it will not stay forever,we did survived the baddest year of 2018-2019 so how can't we fight this 2020 with a Halving incoming?
sure that market will survive.
Talking about solutions, the only solution for the current conditions is to wait until things return to normal. this decline has a cause, and that cause not only affects bitcoin. in addition, a decline like this also often occurs in previous years, before prices rise again. however, to respond to problems like this, we just need to focus on finding ways to have even more assets.
This is not new to cryptocurrency, it has it's season of pump or dump. All that is needed in this space is patience, understanding and strategy to make profit. And yes, the market stands the trial and will definitely survive it as always. Coronavirus is just a pattern to draw the market back. And the season of coronavirus is slowly dying out, soon everything will normalize globally, which includes the crypto market.
Only those who dont have patience can be affected by up and down market. Yes volatility is always there and this virus is the source of its collapse. But once this issue has been resolve I think everything will go back to normal. Dont forget we are near btc halving this could somehow drag the market of it up. Well same in the case of altcoins once btc go up.
There is always an end to everything, it's same thing with crypto space, good times don't last forever and bad times don't either, if you have enough patience you will witness both good and bad season passing you by, crypto is time
the main point that made the market fall by 50% due to the CoronaVirus problem. This deadly virus has affected any industry throughout the world including the cryptoqurrency market. but hopefully before the end of 2020 the market has recovered and improved again.
Yes, that is right. But I don't think that the market will be at these situations for a long time because this will end, and the rise of the cryptocurrency will happen. It is just for temporary, and we will see the market will recover, and everything will be fine. You can see that the market have a green candle now, and we hope that it will be strong than before, although there is still a chance to see the market will get another red candle. But I suppose if the red candle is coming, that is just for adjusting the price. After that, the price will continue to hit the ATH again.
the main point that made the market fall by 50% due to the CoronaVirus problem. This deadly virus has affected any industry throughout the world including the cryptoqurrency market. but hopefully before the end of 2020 the market has recovered and improved again.
This is not new to cryptocurrency, it has it's season of pump or dump. All that is needed in this space is patience, understanding and strategy to make profit. And yes, the market stands the trial and will definitely survive it as always. Coronavirus is just a pattern to draw the market back. And the season of coronavirus is slowly dying out, soon everything will normalize globally, which includes the crypto market.
Only those who dont have patience can be affected by up and down market. Yes volatility is always there and this virus is the source of its collapse. But once this issue has been resolve I think everything will go back to normal. Dont forget we are near btc halving this could somehow drag the market of it up. Well same in the case of altcoins once btc go up.
Jump to: