Crypto experienced bloodshed | Bitcointalksearch.org

lixer

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Quote from: YUriy1991 on July 26, 2023, 03:00:21 AM

Quote from: 2double0 on July 25, 2023, 02:12:27 PM

Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.

I agree. it is like natural selection who the strong and resistant will survive these trying times. True, Crypto is experiencing a bloodbath where the decline in trading volume is also a concern for investors about the liquidity of crypto assets and one more thing if we pay attention to how the role of the media works here with a series of bad news that has emerged that has shaken new investors.

As we get into the future, retail investors will start to become stronger individually, and then this bad news won't have as much of an effect as they do now, because we have seen in the past where bad news had extreme effects on retail investors, but nowadays, that extent has decreased significantly, we saw in the news about Binance getting sued by SEC, everyone thought the market will crash badly because of it, but traders didn't react as severely as expected.

Bloodsheds are a part of the market, there will always be bear and bull markets as we go ahead, but a strong investor would never get worried when the market gets in a bad situation, most traders who have a positive mindset will find bloodshed to be opportunities to buy more and store for the good times.

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Quote from: CageMabok on July 27, 2023, 05:17:24 AM

Quote from: YUriy1991 on July 26, 2023, 03:00:21 AM

I agree. it is like natural selection who the strong and resistant will survive these trying times. True, Crypto is experiencing a bloodbath where the decline in trading volume is also a concern for investors about the liquidity of crypto assets and one more thing if we pay attention to how the role of the media works here with a series of bad news that has emerged that has shaken new investors.

For matters of bad news that can still affect prices in the market or affect the attention of some investors, it is still quite a common thing to happen, but everyone must also see the effect of good news on both aspects because good news is not only able to push prices up, but also able to encourage interest from new investors to enter the market.

I would say that it's common practice for some sector to spread negative news about crypto, we don't know what there intentions though. Maybe they are being paid by some groups to spread this, or they simply don't like crypto and wanted to destroy it at at all cost.

Quote from: CageMabok on July 27, 2023, 05:17:24 AM

Because between the good news and bad news at this point I see that they are almost balanced and have an effect on each other for price and interest in everyone which can be the reason for prices surviving in difficult times, although I don't think that the current time is a difficult time because every investor can still invest according to their own capabilities at cryptocurrency asset prices which are still very affordable in my opinion.

It is is FUD, I think crypto enthusiast knows how to weight the issues and might not be affected. The thing though is that there are newbies that are simply being affected by it. So if we could only balance it by negating those not so true news then it's going to be our responsibility. Btu as we stay longer in this market, the more we learn that it's just simply FUD and the effect is just short term. And that we shouldn't panic and wait till everything settles down.

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Quote from: YUriy1991 on July 26, 2023, 03:00:21 AM

I agree. it is like natural selection who the strong and resistant will survive these trying times. True, Crypto is experiencing a bloodbath where the decline in trading volume is also a concern for investors about the liquidity of crypto assets and one more thing if we pay attention to how the role of the media works here with a series of bad news that has emerged that has shaken new investors.

For matters of bad news that can still affect prices in the market or affect the attention of some investors, it is still quite a common thing to happen, but everyone must also see the effect of good news on both aspects because good news is not only able to push prices up, but also able to encourage interest from new investors to enter the market.

Because between the good news and bad news at this point I see that they are almost balanced and have an effect on each other for price and interest in everyone which can be the reason for prices surviving in difficult times, although I don't think that the current time is a difficult time because every investor can still invest according to their own capabilities at cryptocurrency asset prices which are still very affordable in my opinion.

YUriy1991

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Quote from: 2double0 on July 25, 2023, 02:12:27 PM

Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.

I agree. it is like natural selection who the strong and resistant will survive these trying times. True, Crypto is experiencing a bloodbath where the decline in trading volume is also a concern for investors about the liquidity of crypto assets and one more thing if we pay attention to how the role of the media works here with a series of bad news that has emerged that has shaken new investors.

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Quote from: AnonBitCoiner on July 25, 2023, 02:02:43 PM

Now the price is 30k$ and everyone knows that it will be more up than this next year but some will be unable to make investment because everyone cannot afford to buy it other thing is that they have to keep the expenses in mind as managing of house holding activities is also one of the most important thing.

Why can't everyone afford it when we can buy Bitcoin in any quantity that we can afford. There's no law that we must buy 1 bitcoin. Buying 1 Bitcoin is for those that have the spare money for that as for other investors we can buy the amount of Bitcoin that we can afford to hold.

Holding bitcoin is more easier when you are on a budget that won't cause you to panic if the market crashes but if you over invest, you'll have no rest when there are bloodbath in the market but bloodbath are normal as they're opportunity to buy Bitcoin instead of been afraid.

The price has fallen below $30,000 which give us an opportunity to dollar cost average for the period of Bitcoin been under $30,000. This might not be too long as the market would bounce back soon above $30,000 and continue to increase until we get to $35,000 and above.

uswa56

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Quote from: TravelMug on July 25, 2023, 09:34:02 PM

Quote from: 2double0 on July 25, 2023, 02:12:27 PM

Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.

Or let the market flows it's natural course. That's the one of the first thing I've learn in the beginning of my career in bitcoin and here in the community. As much as we want a parabolic rise, it's not that easy to accomplished as there are a lot of factors and parameters that we have to look at.

So if we experience blood shed, so be it. But then we can used it to learn how the market works and so the next time we can adjust our investment strategy or trading if we want to take advantage of the downturn.

That's absolutely true, what happens is normal and even some people want this to happen, as we already know that Crypto price movements are quite volatile and very difficult to predict with very fast movements every day so because of the movements that occur we can take lessons and experience for knowledge of trading and investing.
I've never panicked or been afraid of a downturn, on the contrary, I always think positively and even this is the right time to be able to enter and invest more.

TravelMug

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Quote from: 2double0 on July 25, 2023, 02:12:27 PM

Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.

Or let the market flows it's natural course. That's the one of the first thing I've learn in the beginning of my career in bitcoin and here in the community. As much as we want a parabolic rise, it's not that easy to accomplished as there are a lot of factors and parameters that we have to look at.

So if we experience blood shed, so be it. But then we can used it to learn how the market works and so the next time we can adjust our investment strategy or trading if we want to take advantage of the downturn.

2double0

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Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.

AnonBitCoiner

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Quote from: Halime Anatolia on July 16, 2023, 05:09:04 AM

I am also experience and feel this way, one of the common obstacles that most people feel is that they also have difficulty buying because they have to make adjustments for their daily needs. Those who dare to take risks by borrowing time, they are winners, for those who don't, they are just spectators. So, now we will also be spectators when prices rise at the beginning of the year. if this the same as 3 years ago.

Yes exactly adjustment for daily needs is also very necessary as investment is not only thing which we have to think about. I don't think that those who are taking loan for investment are winners because it is not an easy task but it requires lots of learning and expertise.

Now the price is 30k$ and everyone knows that it will be more up than this next year but some will be unable to make investment because everyone cannot afford to buy it other thing is that they have to keep the expenses in mind as managing of house holding activities is also one of the most important thing.

One who have the responsibility to manage their home should not take loan for investment because its one of the most hazardous field of getting profit.

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Quote from: _BlackStar on July 25, 2023, 12:06:18 PM

I like the DCA approach - it's definitely much better than a lump sum. DCA is Plan B what I mean - it comes in handy around the clock on highly volatile assets like bitcoin.

Sometimes DCA is more useful than a lump sum, but sometimes not all at once. I only do DCA if bitcoin is on a downtrend, but if at the same time I truly believe that lump sum is better, then I will ignore DCA. I agree that so far DCA is more useful, but when the bullrun starts, buy the lump sum and hold.

It doesn't matter how you plan your long-term investment, as long as you are a holder, even without DCA you can still expect returns.

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Quote from: Mpamaegbu on July 25, 2023, 11:57:42 AM

Quote from: libert19 on June 11, 2023, 03:33:08 AM

-snip-

That's true, and annoyingly so. No matter how hard we try to reserve capital for such a time, it's never there. I think the reason is because we are always in a hurry to load up at the first sight of dump, thinking that's the bottom. It's so annoying that we don't later have an opportunity to buy in after price keeps dumping.

But you've found the experience worthwhile because of it - it's what's needed. But to be honest it's very annoying especially when the price drops lower than your first purchase price. Average for lack of experience - plus for not having a second plan or plan B.

Quote from: Mpamaegbu on July 25, 2023, 11:57:42 AM

It happened to me in 2017 and 2021 but I found a way around it after that. I now use DCA approach. No matter how tempted I am to buy in at once, I resist the urge. There are some coins I missed buying huge because price reverted from the point of my first purchase in bits. I'm not crying over that. In business, you will some; you lose some.

I like the DCA approach - it's definitely much better than a lump sum. DCA is Plan B what I mean - it comes in handy around the clock on highly volatile assets like bitcoin.

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Quote from: libert19 on June 11, 2023, 03:33:08 AM

Indeed, I think so. But, it's kind of rare to have capital in times like this. I'm into crypto since years yet by the times like current bloodbath, I tend to be out of money to invest, lol.

That's true, and annoyingly so. No matter how hard we try to reserve capital for such a time, it's never there. I think the reason is because we are always in a hurry to load up at the first sight of dump, thinking that's the bottom. It's so annoying that we don't later have an opportunity to buy in after price keeps dumping. It happened to me in 2017 and 2021 but I found a way around it after that. I now use DCA approach. No matter how tempted I am to buy in at once, I resist the urge. There are some coins I missed buying huge because price reverted from the point of my first purchase in bits. I'm not crying over that. In business, you will some; you lose some.

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Quote from: Fatunad on July 23, 2023, 06:44:22 PM

Not that something new anymore on which this market has been volatile in the first place, its not really that anytime been tied up with those traditional markets that we do know and its not something that it would correlate from time to time in speaking about trend and possible movement on the same path but somewhat when it comes to economical news then it is really that having that having that significant effects which could really be giving out that kind of impression that it does really give out that same effect in between markets. Bloodshed? Its not really something new and its been always like this specially if fundamentals turns out to be very negative and there are moments on which even on the quietest days on which the price do move into a certain way without even trying to know on whats the actual reason behind it.This is why its really hard to make out such conclusive approach when it comes to this one. The best thing to be done on here is to make yourself that versatile on whatever market decisions you would be making into.

Being versatile in any market conditions and having the ability to make the right decisions will indeed be very useful. When there are signs that the market is starting to crash, you have to make the decision to start selling some and buying when the market actually crashes. it will be a tough decision. the ability to read the market in technical and fundamental analysis really must be mastered. When there is bloodshed in the asset market, we will remain safe and stable, and of course we will get more returns when prices begin to improve.

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Quote from: Kemarit on July 23, 2023, 04:01:00 PM

Quote from: Gadei Blang Gapu on July 23, 2023, 04:27:29 AM

Quote from: ndutndut on June 10, 2023, 08:05:25 AM

What causes this market decline?

If we look at market conditions, especially this week Bitcoin prices are weakening plus the US Dollar Index (DXY), which continues to soar to peaks. yes. this was fueled by the prospect of US interest rates remaining higher and no respite. However, my view may be used as an accumulation stage for some investors and financial institutions, of course.

Maybe, we have seen the stock market going green, but bitcoin market somewhat on the decline. But if you look at the last 24 hours, we have some small gains, the price is now above $30,000 which is a good sign that the bulls are back and defending that price again.

So maybe if we will hear another good news coming from the US, specially a positive interest rate, we might be looking at $31,000 at the end of the month. I do believed that we can still jump or at least close this month around $32,000.

Not that something new anymore on which this market has been volatile in the first place, its not really that anytime been tied up with those traditional markets that we do know and its not something that it would correlate from time to time in speaking about trend and possible movement on the same path but somewhat when it comes to economical news then it is really that having that having that significant effects which could really be giving out that kind of impression that it does really give out that same effect in between markets. Bloodshed? Its not really something new and its been always like this specially if fundamentals turns out to be very negative and there are moments on which even on the quietest days on which the price do move into a certain way without even trying to know on whats the actual reason behind it.This is why its really hard to make out such conclusive approach when it comes to this one. The best thing to be done on here is to make yourself that versatile on whatever market decisions you would be making into.

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Quote from: Gadei Blang Gapu on July 23, 2023, 04:27:29 AM

Quote from: ndutndut on June 10, 2023, 08:05:25 AM

What causes this market decline?

If we look at market conditions, especially this week Bitcoin prices are weakening plus the US Dollar Index (DXY), which continues to soar to peaks. yes. this was fueled by the prospect of US interest rates remaining higher and no respite. However, my view may be used as an accumulation stage for some investors and financial institutions, of course.

Maybe, we have seen the stock market going green, but bitcoin market somewhat on the decline. But if you look at the last 24 hours, we have some small gains, the price is now above $30,000 which is a good sign that the bulls are back and defending that price again.

So maybe if we will hear another good news coming from the US, specially a positive interest rate, we might be looking at $31,000 at the end of the month. I do believed that we can still jump or at least close this month around $32,000.

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Quote from: Gadei Blang Gapu on July 23, 2023, 04:27:29 AM

If we look at market conditions, especially this week Bitcoin prices are weakening plus the US Dollar Index (DXY), which continues to soar to peaks. yes. this was fueled by the prospect of US interest rates remaining higher and no respite. However, my view may be used as an accumulation stage for some investors and financial institutions, of course.

I'm sure you've been visiting the market a lot lately so you can give some insight into prices, especially for Bitcoin prices. But I think the price of Bitcoin is still not weak right now because it is still near $30K and if you look at the price of Bitcoin in the last few months nothing has gone past $32K either. This means that the current Bitcoin price can still be said to be strong and not weakened because of the US Dollar, but I don't understand why you even say that the current Bitcoin price is weakening.

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Quote from: ndutndut on June 10, 2023, 08:05:25 AM

What causes this market decline?

If we look at market conditions, especially this week Bitcoin prices are weakening plus the US Dollar Index (DXY), which continues to soar to peaks. yes. this was fueled by the prospect of US interest rates remaining higher and no respite. However, my view may be used as an accumulation stage for some investors and financial institutions, of course.

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Quote from: Jating on July 20, 2023, 08:26:34 AM

Everyone here is a winner by simply buying in the dip. But it seems that we are on track to keep and defended $30k at least for this month. Ripple news last week was good for us as it has a trickle effect on the market on bitcoin.

But after that, it seems that we are still back from as high as $31k to the current price.

So there's no more bloodshed and I don't see it happening in the future unless there is a black swan event.

I feel like that news was overblown anyway, it wasn't all that amazing and the increase looked to be a fake one. In any case, we are at a stage where we are going to do fine, not amazing but just fine and that means we could make a profit one way or another. I know that it is going to take some time for it to happen but we could do it if we can wait for it. I know a lot of people who do not think that it is going to be an easy choice, but we are going to make it work anyway.

So, just put up with it and we could end up making some profit from it as well. Right now it's low, and that means we have a chance to get in when it's low and wait for it to go up and then sell in order to make a lot of profit as well, that's a good choice.

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Quote from: Halime Anatolia on July 16, 2023, 05:09:04 AM

Quote from: ndutndut on June 10, 2023, 08:05:25 AM

The crypto market has plummeted to around $ 1 trillion today, with a liquidation amount exceeding $ 200 million within 1 hour. In particular, some tokens that have been registered as securities by SEC have been devastated:

What do you think of your friends to take advantage of situations like this, is it now the right time to buy a few coins?

I am also experience and feel this way, one of the common obstacles that most people feel is that they also have difficulty buying because they have to make adjustments for their daily needs. Those who dare to take risks by borrowing time, they are winners, for those who don't, they are just spectators. So, now we will also be spectators when prices rise at the beginning of the year. if this the same as 3 years ago.

Everyone here is a winner by simply buying in the dip. But it seems that we are on track to keep and defended $30k at least for this month. Ripple news last week was good for us as it has a trickle effect on the market on bitcoin.

But after that, it seems that we are still back from as high as $31k to the current price.

So there's no more bloodshed and I don't see it happening in the future unless there is a black swan event.

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Quote from: Yaunfitda on June 26, 2023, 09:58:44 PM

Quote from: Semar Mesem on June 25, 2023, 07:49:55 PM

After almost 3 months now the price can return to the level of $ 30k, of course this is a positive indication that the market is soon rising, many investors are afraid that the market will collapse because the issue of Binance which is experiencing a crisis is not proven, all withdrawal transactions are still in the normal process, some even once withdrew around 15 btc or $450k from the Binance wallet.

Smart investors buy in the dip, so I doubt that they are afraid on what has happened to Binance. And as we can see, the price was not affected, on the contrary price has reached as high as $31k, meaning there is hype and FOMO again.

But we just have to be cautious as well, this price increased is due the Blackrock applying for a Spot Bitcoin ETF. So in any case it might not be approved by SEC, the price could go down again. So we will have to wait and see what is going to happen to that application and hopefully it can bring another set of good news to us at least at the end of the year.

Yes, focusing out with that fundamental is that on the time that they had been able to know that big officials of Binance did quit out or leave the company and making out some assumptions that there might be something happening behind the curtain on which the masses or the community do make out some assumptions that this is really something big or would really be that negative and this is why it did really result
into move out of funds on said platform and some do even do make out some panic sell of their BNB which it did really cause some price decrease but eventually the price now is already clinging up once again.

These kind of fundamentals arent something that could really be that ignored because we know that news or something like this could really give out some possible effect which we would really be thinking
about on having that advantage about it. Its not really that something that a shocking thing or approach because this is where usually be people on having this kind of reaction when it comes
to these things. Use it on your advantage or wont really be doing something at all or any action and just let it be.

Topic: Crypto experienced bloodshed (Read 795 times)