Topic: Crypto asset prices weaken - page 6. (Read 1389 times)
Bitcoin correcting back to 40k in within a week this thread was created shows that while the war is affecting the Stock market people still trade bitcoin, send out donations using bitcoin and buy the dip. The bitcoin price can only go bearish like any other times when they was no War. What matters is keeping a razor sharp gaze on the price fluctuation for quick decision on how to trade.
At least comparable to what you will get, The crypto market is a risky market with the concept of high risk and high return. If you understand bearish and bullish cycles, of course you know that the crypto market is experiencing a crypto winter which has an impact on prices, so don't be surprised by the market situation this year which is like a roller coaster. Be a Holder then you will get high profits but if you are a scalping trader with a percentage of 10-20% you can still get it profit
As long as the Crypto market capitalization is still above $1.5 Trillion USD then I'm not worried about anything, Currently all coin prices are starting to rise, some countries have started accepting crypto and I'm sure other countries will follow suit, the current crypto price movement is still good compared to 2018, Hype crypto is still going on and just enjoy this situation
The price of many cryptocurrencies depends too much on the price of Bitcoin. When bitcoin falls all other crypto falls too.
But thanks to cryptocurrency it is possible to invest money in such assets that do not depend on cryptocurrency.
Such as real estate - https://twitter.com/Z1financial_/status/1496371114175565824
Investment in real estate is more stable than in cryptocurrency. But cryptocurrency can bring even more profit than real estate.
Cryptocurrency continues to be very volatility and many people earn money on such big volatility.
Indeed crypto market has been struggling and there has been gradual reduction in price of cryptos and what's bothering me is the fact that after a dump there is a recovery phase but we are unable to recover the pre dump value. We cannot expect much as of now and as far as conflicts are concerned these are temporary things which wil not affect crypto on a longer run and at the same time long term investors don't have to worry as current market situation will not las forever but this would be a tough time for day traders.
Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours.
Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.
Of course this is a big loss for the crypto market today.
please, don't look at the price changes on today only, and panic. take a look at the price changes from a few years back, to today. Well, you'll find a few percent increase, and that's pretty satisfying.Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.
Of course this is a big loss for the crypto market today.
maybe, people who are new to investing get a loss from it, but you need to see that this can be a short term investment, and a long term investment. if you feel that it's not worth it, and sell it, then you decide to take a loss. remember when you first invest, you invest because you believe that this project or this coin will have a high price because of its functionality and needs. if today the price goes down, most likely it will recover in the coming days. try to invest by looking at the function and development of the project you are investing in, not from the decline in price today.
The cryptocurrency market has been struggling to return to highs reached in late 2021 as inflation, looming conflict in Europe and global market uncertainty over crypto risks continue to push crypto price thresholds lower.
But now the price boost of coins in the market has started to look better and hopefully this can continue even though the conflict in Europe is not over yet and I also see gold that continues to surge naturally. So this is unlikely to last long in the crypto and gold markets.It's really surprising to see that the market is still pumping even if we have wars in Europe and lots of superpower right now are juggling for position globally. And then we have sanctions being put on Russia's shoulder because of their attack. So I'm not saying that war is good for crypto, but I'm happy to see that we have recovered. And hopefully the war by Russia wouldn't last that long so that lives are spared including the innocent.
It could be said that at this time if the entire crypto market can be weakened, because BTC has a high rate of falling in price even a little more, because these stories are spread throughout the market and this makes many investors panic and sell, but this has to be seen in the best way, not as panic or fear, but as the opportunity that if they are selling, it is time to buy cheap, because BTC will not be at that price all its life, there will come a time when BTC will give a bullish rally and will become in trend, it is there at that moment where the entire market will be in the green and the total recovery will occur.
After a fall will be a rise. It is necessary just to wait.
In the long term, cryptocurrency continues to rise.
But a lot depends on how useful is a project.
For example, appear projects that offer benefits for the shipping industry like this https://twitter.com/CoinNexum/status/1492571253336588292
The cryptocurrency industry is actively developing creating new and useful products.
But the most important is to continue to develop projects even when the market falls.
The fall of the market will show what projects are really necessary for people and what projects were just a modern hype.
The way Bitcoin is positioning other coins in the market is intertwined because Bitcoin has a time when it can be seen to have an effect on its price. And over time, that is likely to increase the value of Bitcoin. Moreover, the market is going to have a big impact on the cryptocurrency market, which is not good news at present.
The effect by bitcoin to the altcoin was absolute and bitcoin has a very strong power to give a big impact to the altcoins. So many times altcoins can't stand alone during the bearish market as people liquidating their assets to be converted into the bitcoin. The war does it but the market didn't give big impact tot he crypto market. The sentiment totally pegged with what news that has been coming from the global market. The war is creating so many fear with the possibility for the world war 3 to happen. Bitcoin can only follow the global market as so many undertainties happened with the global market right now.
Absolutely, as major altcoins follow bitcoin price, then it will have a good increase if bitcoin goes up. And that's what we are seeing right now, bitcoin is like +10 in the last 24 hours and so altcoin market is also into green. Even some of them have higher gains that bitcoin itself. The question is how sustainable this run is? And if bitcoin breaks $40k, will it have momentum to move further bringing altcoins within?
The way Bitcoin is positioning other coins in the market is intertwined because Bitcoin has a time when it can be seen to have an effect on its price. And over time, that is likely to increase the value of Bitcoin. Moreover, the market is going to have a big impact on the cryptocurrency market, which is not good news at present.
The effect by bitcoin to the altcoin was absolute and bitcoin has a very strong power to give a big impact to the altcoins. So many times altcoins can't stand alone during the bearish market as people liquidating their assets to be converted into the bitcoin. The war does it but the market didn't give big impact tot he crypto market. The sentiment totally pegged with what news that has been coming from the global market. The war is creating so many fear with the possibility for the world war 3 to happen. Bitcoin can only follow the global market as so many undertainties happened with the global market right now.
Currently the crypto market is in decline, and we are many who feel losses at this time so we have to be patient in the face of situations like this, so never sell our investment coins in losses because it is a very wrong decision because in the future it still has a high probability that all coins will return to the highest value and this will definitely happen so that we can monitor the coins that are worth holding at this time for us. Get a big profit later.
As long as the Crypto market capitalization is still above $1.5 Trillion USD then I'm not worried about anything, Currently all coin prices are starting to rise, some countries have started accepting crypto and I'm sure other countries will follow suit, the current crypto price movement is still good compared to 2018, Hype crypto is still going on and just enjoy this situation
The price of many cryptocurrencies depends too much on the price of Bitcoin. When bitcoin falls all other crypto falls too.
But thanks to cryptocurrency it is possible to invest money in such assets that do not depend on cryptocurrency.
Such as real estate - https://twitter.com/Z1financial_/status/1496371114175565824
Sure, Bitcoin and Altcoins are going down, they face this problem at times. They all go up and down but you can take advantages of this falling. I think it is the best time to buy altcoin. They are all going to recover, no need to be pessimistic. Everybody knows cryptocurrencies are investment of the future. We have to be endurant these days. Another green candle will appear in the market, and the coins in the market will be able to climb to higher values.
The way Bitcoin is positioning other coins in the market is intertwined because Bitcoin has a time when it can be seen to have an effect on its price. And over time, that is likely to increase the value of Bitcoin. Moreover, the market is going to have a big impact on the cryptocurrency market, which is not good news at present.
Currently the entire value of crypto is declining and this is caused by several factors that are currently happening, especially the factor of the events of the war between Russia and Ukraine, this is very influential on the value of crypto at this time, and also in this year indeed many predict that the bear market has returned to start and now the signs have been seen although this is uncertain but almost 50% of the state of the market has indeed proven this already exists, But this is not the end of everything because we as crypto users like this we have often felt, so never panic and should be able to take advantage of the situation.
Its expected to happen unless you are new to crypto space, stupid are those thinking that this bull season will keep going on and on there is always winter after every bull season it's nothing new.
The cryptocurrency market and this is unexpected! As there are seasons and time guiding economic activities in our world so also is cryptocurrency bull market and bear market season. The strategy however is to stay above water to avoid value erosion in order to take opportunity of low prices in value altcoin and bitcoin!
who are often caught in this kind of situation are day traders and medium-term investments. they were late out of the market when the dump happened. and that's very reasonable. The weakening of the crypto market is also affected by events that occur in world markets. We have heard the issues and news that spread on social media. we must be wiser in determining the direction of investment that we do. don't have any regrets. 
The cryptocurrency market and this is unexpected! As there are seasons and time guiding economic activities in our world so also is cryptocurrency bull market and bear market season. The strategy however is to stay above water to avoid value erosion in order to take opportunity of low prices in value altcoin and bitcoin!
Since 2013? Better if you start counting from the beginning because some cryptos like btc have started earlier than 2013 and by that date hit they already have significant gains but its not all about gains. Crypto doesn't revolve on one side only but there is also a side where the market turns red. This what OP needs to realize. They listed a couple of coins and a few of it are not really worth it to hold in my opinion.
One of it is of course dogecoin, we all know the story of this coin. I don't wonder why this coin suffer a decline. Another coin that have gone bad is ETH. So, for me, no need to cry for their losses. We only need to worry for btc and cardano.
After a fall will be a rise. It is necessary just to wait.
In the long term, cryptocurrency continues to rise.
But a lot depends on how useful is a project.
For example, appear projects that offer benefits for the shipping industry like this https://twitter.com/CoinNexum/status/1492571253336588292
As far as I know there is a threat of war between Ukraine and Russia thus weakening both markets. Even so, don't panic, keep monitoring so you can be careful.
Of course, geopolitical reason has become the main problem that was triggering the market to go down. I hope that the tention will be going down soon and we will be seeing people massively to go in again in the crypto market. War will not solve anything and that's about a greedy country that wanna make a domination to the another country. This is making so many people are feeling worry with the condition of market. This will not so good for crypto in long term. The stock and crypto market can go to the another bottom level again when the war will be happening.
This global problem will triggering so many problems in the future and im sure about this. that's why crypto price is going down.
However this excuse has been used on the past and it is unlikely that the international community believes it, and the markets all over the world are nervous about this scenario, because even if it is unlikely this will become a world war as some are speculating, without a doubt this will reduce cooperation between nations and this is always a problem when it comes to generating new wealth, something that we need desperately due to the pandemic.
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