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Topic: Crypto Crash Incoming? (Read 638 times)

member
Activity: 319
Merit: 11
October 12, 2022, 05:30:13 AM
#81
Crypto Crash is common, and this does not only happen to cryptocurrencies but in all types of investments such as stocks, property and so on, most importantly when the market crash is patient and hold.
we are in phase which is all Investment portofolio drop, as you said at stock ,property and cryptocurrency market everything drop.maybe holding cash Will be king at this moment to buy all asset when hit bottom. Alot expert said next year will be hard time for US , recession Will come and food supply Will disturbed.


In 2022 My Assets drop more than 70% compared to the end of 2021, of course we hope that the market will immediately rise so that we can restore a lot of assets that are lost, when the market drop I do not want to sell if you lose, my target is profit and hoping to rise again.
hero member
Activity: 2268
Merit: 507
October 10, 2022, 06:43:04 PM
#71
Want experience advice about bitcoin
It will be following what will be doing by the stock market. In this case, stock market has been experiencing the bad thing just like it was plunged even deeper. bitcoin will be doing the same thing like that. Im expecting bitcoin to go even lower than 19k which is a very bad thing for us right now. People may feel another panic attack again once bitcoin goes dump again. It's just the matter of time.
sr. member
Activity: 1162
Merit: 260
October 14, 2022, 06:32:08 PM
#68
Crypto Crash is common, and this does not only happen to cryptocurrencies but in all types of investments such as stocks, property and so on, most importantly when the market crash is patient and hold.
we are in phase which is all Investment portofolio drop, as you said at stock ,property and cryptocurrency market everything drop.maybe holding cash Will be king at this moment to buy all asset when hit bottom. Alot expert said next year will be hard time for US , recession Will come and food supply Will disturbed.


In 2022 My Assets drop more than 70% compared to the end of 2021, of course we hope that the market will immediately rise so that we can restore a lot of assets that are lost, when the market drop I do not want to sell if you lose, my target is profit and hoping to rise again.
You're not only one who have been facing it. i do believe there are so many investors who have been facing the same thing like you caused by they didn't even wanna try to sell their assets once their assets reached all time high. So, that's their own consquence for not selling their assets at the top price. It may rise again but no eta for when market will rise again. We are still in bearish trend.
legendary
Activity: 2534
Merit: 1338
October 14, 2022, 04:42:22 PM
#67
Crypto Crash is common, and this does not only happen to cryptocurrencies but in all types of investments such as stocks, property and so on, most importantly when the market crash is patient and hold.
we are in phase which is all Investment portofolio drop, as you said at stock ,property and cryptocurrency market everything drop.maybe holding cash Will be king at this moment to buy all asset when hit bottom. Alot expert said next year will be hard time for US , recession Will come and food supply Will disturbed.
Cash does not bring protection at all due to the high inflation that is spreading all over the world and for which there is not a short term solution, even if it means sustaining short term losses it is better to invest that money in something which has a chance to recover, if you have access to stocks then investing part of your money there is a good idea, gold and bitcoin are also good options, the point is to hold as little fiat as possible as each day it does nothing but to lose purchasing power.
sr. member
Activity: 2828
Merit: 344
win lambo...
October 11, 2022, 05:13:05 PM
#66
Crypto Crash is common, and this does not only happen to cryptocurrencies but in all types of investments such as stocks, property and so on, most importantly when the market crash is patient and hold.
we are in phase which is all Investment portofolio drop, as you said at stock ,property and cryptocurrency market everything drop.maybe holding cash Will be king at this moment to buy all asset when hit bottom. Alot expert said next year will be hard time for US , recession Will come and food supply Will disturbed.
There are a lot of reasons but never we put this as a reason not to invest in crypto. Some are disappointed with the current situation but some also are happy with this. What we have now is another opportunity given especially to those who come late or those who missed the last bear season. But, we also have to think that this is not forever, recovery will come next. That is why we shouldn't have to miss this again, take the risk as we got rewarded later.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
October 11, 2022, 05:04:10 PM
#65
Crypto Crash is common, and this does not only happen to cryptocurrencies but in all types of investments such as stocks, property and so on, most importantly when the market crash is patient and hold.
we are in phase which is all Investment portofolio drop, as you said at stock ,property and cryptocurrency market everything drop.maybe holding cash Will be king at this moment to buy all asset when hit bottom. Alot expert said next year will be hard time for US , recession Will come and food supply Will disturbed.
legendary
Activity: 2534
Merit: 1338
October 11, 2022, 04:11:54 PM
#64
If you pay attention to the market conditions until now, in 2022 it will end up with conditions that are still bearish, this is a test of patience for us and of course investors who have big capital waiting for the market to fall and will buy, our mistakes are often panic when we see the red market and sell in a loss condition.
Panic occurs due to a lack of confidence in the current market and those who panic also have no money at all. For those who still have spare money, of course, this bearish market moment is used as a moment to buy more, so that more profits will be obtained when the bull market returns.

Financial management is needed to keep the investment going, without good management the investment will not go well according to the initial plan.
It is important that people keep themselves as calm as possible despite all of what it is happening in the market and around the world, because if that is not the case then you will enter a state of panic and nothing good can come out of letting your emotions taking control of you at such a critical juncture, and we know this is true because we have seen the same happening before in this market, those which bought at the top of the 2017 bull market sold in panic and lost a fortune, but if they were patient they could have sold for a profit during the new all time high or they could be at least breaking even right now.
member
Activity: 737
Merit: 11
October 11, 2022, 08:57:17 AM
#63
Crypto Crash is common, and this does not only happen to cryptocurrencies but in all types of investments such as stocks, property and so on, most importantly when the market crash is patient and hold.
hero member
Activity: 2996
Merit: 609
October 10, 2022, 06:53:08 PM
#62
Want experience advice about bitcoin
It will be following what will be doing by the stock market. In this case, stock market has been experiencing the bad thing just like it was plunged even deeper. bitcoin will be doing the same thing like that. Im expecting bitcoin to go even lower than 19k which is a very bad thing for us right now. People may feel another panic attack again once bitcoin goes dump again. It's just the matter of time.
There's no such thing about correlation because it would really be just normal that if there are some economic uncertainties or huge negative events then it would really be giving out that domino effect.

Lots been saying that crypto market isnt correlated nor being connected with traditional markets that we do have currently but cant really be avoided on having the same perceptions and emotions been

created around specially into those investors.Once this one had been influenced then expect that crypto market would definitely be experiencing the same condition.
It might not be precised to look into but most likely this is the case.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
October 10, 2022, 03:18:47 PM
#61
The people who had their investments in bitcoin before the Corona,Surely you may know bitcoin was struggle to reach 40k dollars.But the same bitcoin had reached the value of 69k dollars.It happened only by the investors during the corona.Many people had tried to learn the online earning platform.So they had chosen the trading of crypto currency.It was the important reason of boom of the market to the next level.And the traders holding since the price of bitcoin at 10k dollars had earned nearly 500 percentage from it.Many old traders ,who don’t have any good amount of bitcoin during that time also worried a lot.Then the market was crashed a huge amount.People had loss huge money,who had get into trading by knowing about the 500 percentage increase in a couple of years.Now the market was at the 20k dollars.It’s good time to inverse your money with the dump market.
staff
Activity: 2436
Merit: 2347
October 10, 2022, 02:54:09 PM
#60
I am not sure that the market has bottomed out, so a further collapse is still possible. If you look fundamentally, there are all the prerequisites for this: geopolitical instability, rising inflation, the economic crisis, rising unemployment, rising prices, the energy crisis. All these are good catalysts for further declines. The news often mentions that if bitcoin falls below 17600, it could trigger the liquidation of more than 75,000 bitcoins. If that happens, there will be a snowball effect, a cascading liquidation like that would trigger a deep and prolonged drop. We saw something similar in March 2020.

For me, we might see another bottoming next year if the recession will continue in 2023 (it will likely happen). So we might see another market crash, and as you have said the war in Europe and the geopolitics between US and China are still in the background for us.

So it's better to really have a mindset that the worst for us is still going to come next year and that the price could sink deeper. At least we are prepared and not panic if it does down < $17,500, our lower lows for this bear market so far.

You're right, it's not necessarily that the absolute bottom has to come this year and that's the end of it. Let's look back at the last crypto winter of 2018-2019. There the absolute bottom came in Q1 2019, that is 14 months after the ATH. Then that bottom repeated a year later, in March 2020. There could be quite a few more events before the halving, including a new bottom that could easily cross the $15,000 per bitcoin price mark
newbie
Activity: 14
Merit: 0
October 10, 2022, 01:44:53 PM
#59
As the world continues to shift towards tech and as millennials become a more dominant part of the world economy, we should expect Bitcoin to also take an increasingly influential role in financial markets, especially in regard to being a ‘recession-proof’ asset.”

Bitcoin price today is $19,308.18 USD with a 24-hour trading volume of $25,189,960,802 USD. We update our BTC to USD price in real-time. Bitcoin is down 0.97% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $370,240,911,152 USD.
hero member
Activity: 1344
Merit: 540
October 09, 2022, 04:15:38 PM
#58
I am not sure that the market has bottomed out, so a further collapse is still possible. If you look fundamentally, there are all the prerequisites for this: geopolitical instability, rising inflation, the economic crisis, rising unemployment, rising prices, the energy crisis. All these are good catalysts for further declines. The news often mentions that if bitcoin falls below 17600, it could trigger the liquidation of more than 75,000 bitcoins. If that happens, there will be a snowball effect, a cascading liquidation like that would trigger a deep and prolonged drop. We saw something similar in March 2020.

For me, we might see another bottoming next year if the recession will continue in 2023 (it will likely happen). So we might see another market crash, and as you have said the war in Europe and the geopolitics between US and China are still in the background for us.

So it's better to really have a mindset that the worst for us is still going to come next year and that the price could sink deeper. At least we are prepared and not panic if it does down < $17,500, our lower lows for this bear market so far.
legendary
Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
October 09, 2022, 03:20:55 PM
#57
If you pay attention to the market conditions until now, in 2022 it will end up with conditions that are still bearish, this is a test of patience for us and of course investors who have big capital waiting for the market to fall and will buy, our mistakes are often panic when we see the red market and sell in a loss condition.
Panic occurs due to a lack of confidence in the current market and those who panic also have no money at all. For those who still have spare money, of course, this bearish market moment is used as a moment to buy more, so that more profits will be obtained when the bull market returns.

Financial management is needed to keep the investment going, without good management the investment will not go well according to the initial plan.
staff
Activity: 2436
Merit: 2347
October 09, 2022, 03:10:27 PM
#56
I am not sure that the market has bottomed out, so a further collapse is still possible. If you look fundamentally, there are all the prerequisites for this: geopolitical instability, rising inflation, the economic crisis, rising unemployment, rising prices, the energy crisis. All these are good catalysts for further declines. The news often mentions that if bitcoin falls below 17600, it could trigger the liquidation of more than 75,000 bitcoins. If that happens, there will be a snowball effect, a cascading liquidation like that would trigger a deep and prolonged drop. We saw something similar in March 2020.
newbie
Activity: 14
Merit: 0
October 09, 2022, 02:26:56 PM
#55
Want experience advice about bitcoin
sr. member
Activity: 2352
Merit: 245
October 09, 2022, 02:19:28 PM
#54
We've already crashed isn't it? all time high of $69k and then seeing the floor price at $17,500. So that's about it this bearish cycle as I don't see the price go lower than that.

For the 2020 crash, yes it was due to the pandemic, but the cycle might repeat (not the virus itself), but the market crash due to several reasons, like recession and war. But I don't see any major slump that will push the price to another lower lows for this year or the whole bear market. And if by chance I'm wrong and the price fall below $17,500, then it's another great opportunity stack sats again.
I see no reason to panic. Bitcoin and other cryptocurrencies have repeatedly lost up to 70-90 percent of their previous price in a short time. But after a certain time, the market not only recovered, but also significantly rose in price. That will happen this time as well. After all, there are no objective grounds for the collapse of this market. World states are not hostile to cryptocurrencies. Only further regulation of this market is inevitable. But this will not be critical for cryptocurrency.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 09, 2022, 12:18:32 PM
#53
The bearish market is almost a year to make a long storm so that it makes many altcoins dead, of course this is a heavy ordeal for developers and investors must always see the latest information so as not to be too losing.
Altcoins are not dead yet but it has become zombie. I meant it's not dead nor alive. Altcoins are still trading in the market even with zero volume for its daily trade, that means volume can come anytime. The crypto crash has been ruining everything in the market. it takes only a few weeks to make the big coin like luna to be dead. The power of bearish market is unbelievable.

But that doesn't mean that it's the end for the altcoins, they will bounce back and just like what you said, altcoins are not yet dead but it's hard to determine when they will start to rally as it's been almost a year already since the bear market started. Not a good year for beginners as most of them lost interest because of this storm but it is a good year for the veterans to accumulate more coins while it's still cheap.
full member
Activity: 1442
Merit: 116
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October 09, 2022, 09:33:13 AM
#52
The bearish market is almost a year to make a long storm so that it makes many altcoins dead, of course this is a heavy ordeal for developers and investors must always see the latest information so as not to be too losing.
The bearish market has been dumping everything to the bottom. Im feel so bad for those who have been buying at the peak price and they must lose a lot of money if they were still holding their assets until the price gone to the bottom like this time. The main thing is crypto crash already happened before the war,. The bad news was making it even worst from day to the another day with the bad news was also affecting the global economic
as long as they don't sell their assets, then I don't think it's a loss yet, but of course we have to consider whether the coins purchased can recover or not, so if we buy bitcoin then I don't think there's any doubt about waiting for it to grow back, and of course not there is a futile wait. it will be different if we buy shitcoin, which will not necessarily be pumped back later, because the most difficult thing is to determine when the bull market will occur, so as much as possible we should be able to enjoy it
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 09, 2022, 09:24:23 AM
#51
If you pay attention to the market conditions until now, in 2022 it will end up with conditions that are still bearish, this is a test of patience for us and of course investors who have big capital waiting for the market to fall and will buy, our mistakes are often panic when we see the red market and sell in a loss condition.
Since bitcoin experienced a drastic drop from the price of $69k to the bottom, it's already a sign the crypto market is experiencing a decline or crash. But maybe some of us still think it is only temporary and the price will increase again after the deep correction. But it turns out that many of us had miscalculated and the crypto market eventually continued to decline to a low of $17k yesterday. And even though the price is still trying to stabilize at the $18k-$20k price level, the crypto market is still at the bottom and can't show any signs of starting to pick up. We still have to be patient because we don't know whether the market situation can start to change for the better than now or if it will get worse next year. But we didn't expect it and if it happened, we should be able to get ready from now on.
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