Crypto market will pump soon? - page 2.

irsykes

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Quote from: Odohu on September 06, 2023, 02:53:55 PM

Quote from: irsykes on September 05, 2023, 09:07:39 AM

Graphic analysis alone is not enough, big investors must look around the world's news. As is now happening, several Chinese banks have gone bankrupt.

Actually the graphs is a pictorial representation of human emotions, news, political development and what you mentioned as the driving force of the market.

If you know how to read the graphic analysis (technical analysis) you could somehow predict market major moves, although not with 100% accuracy as nothing is sure. While technical analysis has it's advantages, it is not immune to weaknesses but then, it can give us a good idea of where the market could possibly be heading to over a time period.

indeed the use of charts leads to long future analysis to anticipate things, it is also not easy to compile altcoin market charts and it is not 100% full. News also impacts the altcoin market. and what is certain is that the crypto world still has a long way to go and be an investor buying cheap prices on the altcoin market for a good future.

peter0425

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Quote from: Justin999 on August 23, 2023, 04:41:09 PM

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

SOON? i think it is not possible as this year is the last before halving
in which many speculate that bull will also come and yes dumping will follow more before it happens.
so i was thinking that the Pump will maybe temporary if we will have one , and yes surely it will followed with dumping not unless we reached march net year or till at least july.

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Quote from: Justin999 on August 23, 2023, 04:41:09 PM

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

These ups and downs occur occasionally in the cryptocurrency market. It is normal. It does not mean that it will pump too soon. I think these hyperness are in the beginning of a trader. But do not fall into the trap of seeing these signals of the market. I myself have fallen into the trap many times while investing in these signals. In this situation, I would say to keep the market under observation and if you want to make a long-term investment, then you can invest periodically in other top level alternative points including Bitcoin.

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Quote from: irsykes on September 05, 2023, 09:07:39 AM

Graphic analysis alone is not enough, big investors must look around the world's news. As is now happening, several Chinese banks have gone bankrupt.

Actually the graphs is a pictorial representation of human emotions, news, political development and what you mentioned as the driving force of the market.

If you know how to read the graphic analysis (technical analysis) you could somehow predict market major moves, although not with 100% accuracy as nothing is sure. While technical analysis has it's advantages, it is not immune to weaknesses but then, it can give us a good idea of where the market could possibly be heading to over a time period.

irsykes

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Quote from: tygeade on September 05, 2023, 12:16:52 PM

Quote from: irsykes on September 05, 2023, 09:07:39 AM

Graphic analysis alone is not enough, big investors must look around the world's news. As is now happening, several Chinese banks have gone bankrupt. it could be that the altcoin market will flush because of this effect and will cause economic inflation to rise, it could be investor speculation to secure their money to survive the price dump if that happens

That's true, there is really nothing that we can do which would make this any easier for any of us. It is a tough job and we need to realize that we are going to trade something that will be a bit risky and we may not make as much money as we think or want. It is going to be tough to check the data and the indicators and the news all at once, it is going to take some time and because it takes time, sometimes it becomes old news by the time you finish it.

This is why you need to be quick, and you need to be careful. Trading is a tough thing, but I believe that it will go up soon enough, it should be making some profit soon enough that will make it go up and stay there. The halving is coming, we need to be careful.

So that what I want doesn't happen in the crypto market for me with short term investments, to reduce the impact of negative effects even if it doesn't run 100% smoothly is more comfortable.
The halving is indeed close, but I don't know whether it will repeat the same thing in previous history or, on the contrary, big investors are more observant in their buying and selling strategies. Bitcoin's big peak is likely to be in 2025

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Quote from: Justin999 on August 23, 2023, 04:41:09 PM

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

when the bear market is running, the bullish market will come, rain, there will definitely be a rainbow, in my opinion there will be a time when the market really recovers, don't panic, my friends, I believe that Bitcoin is the money of the future because inflation and others will eat up our fiat, trust me, stay positive, stay positive. and do research because so that our knowledge of cryptocurrency is not left behind and don't be fomo about and easily believe in fuds that exist on social media about cryptocurrencies, let's wait together for the bitcoin halving

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Quote from: Wahyuihib on September 03, 2023, 01:31:30 AM

When we decide to invest in cryptocurrency, of course the main thing we need to apply is to try to think positively about its development. so this will give you a strong mentality even if the price is not in good condition. keep holding the ownership of the assets that we have until we get a profit when we sell them back

Bitcoin is basically what you are talking about because no cryptocurrency apart from that can give you a strong mentality or enough confidence that your money is safe even when the market crashes severely, and the reason behind that is the history it carries which shows that it has always recovered its price and even went higher after every time it crashed. So, when someone makes an investment in Bitcoin, they can rest assured and not panic about the dips.

However, when someone invests in an altcoin and sees its price dropping significantly, that might be something to be worried about because altcoins are not like Bitcoin which can eventually go back up and recover the actual price where they were bought, some of them might do but not all of them have those characteristics.

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Quote from: irsykes on September 05, 2023, 09:07:39 AM

Graphic analysis alone is not enough, big investors must look around the world's news. As is now happening, several Chinese banks have gone bankrupt. it could be that the altcoin market will flush because of this effect and will cause economic inflation to rise, it could be investor speculation to secure their money to survive the price dump if that happens

That's true, there is really nothing that we can do which would make this any easier for any of us. It is a tough job and we need to realize that we are going to trade something that will be a bit risky and we may not make as much money as we think or want. It is going to be tough to check the data and the indicators and the news all at once, it is going to take some time and because it takes time, sometimes it becomes old news by the time you finish it.

This is why you need to be quick, and you need to be careful. Trading is a tough thing, but I believe that it will go up soon enough, it should be making some profit soon enough that will make it go up and stay there. The halving is coming, we need to be careful.

irsykes

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Quote from: abel1337 on September 04, 2023, 01:22:05 PM

Quote from: tvplus006 on September 04, 2023, 12:02:58 PM

Quote from: irsykes on September 04, 2023, 10:00:41 AM

as usual big investors play the role of market volume, because the bull run time has not yet come the altcoin market is easily flushed. but after entering the bull season phase negative news or big FUD will not be affected to the market. we can only speculate on the analysts wishing the altcoin market a speedy recovery with significant returns to come. now is the best time to prepare

The opinion of analysts can change quickly depending on which way the price of Bitcoin will move. If the price of Bitcoin drops to $ 20,000, then everyone will forget about the bull market at the same time and will expect a further decline in BTC and other altcoins.

Depending on the time frame, the analysis can change massively. Small dumps or pumps wouldn't affect the long term analysis but massive dumps may be affected depending if the long term chart pattern where destroyed. Long term chart pattern in my experience don't break much often because of the anticipation of traders and for me it's the one I like following on.

Just always prepare on what might happen, there are anticipations that didn't realize but it is better to have a chart to follow on compared to assume and do blind anticipation.

Graphic analysis alone is not enough, big investors must look around the world's news. As is now happening, several Chinese banks have gone bankrupt. it could be that the altcoin market will flush because of this effect and will cause economic inflation to rise, it could be investor speculation to secure their money to survive the price dump if that happens

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Quote from: abel1337 on September 04, 2023, 01:22:05 PM

Depending on the time frame, the analysis can change massively. Small dumps or pumps wouldn't affect the long term analysis but massive dumps may be affected depending if the long term chart pattern where destroyed. Long term chart pattern in my experience don't break much often because of the anticipation of traders and for me it's the one I like following on...

Those who today expect a price reduction to 20 thousand dollars in order to buy Bitcoin for their entire deposit will expect an even greater price reduction when the price drops to 20k. And as a result, the market turns around and the price starts to increase again, because the market usually always goes against the crowd.

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Quote from: tvplus006 on September 04, 2023, 12:02:58 PM

Quote from: irsykes on September 04, 2023, 10:00:41 AM

as usual big investors play the role of market volume, because the bull run time has not yet come the altcoin market is easily flushed. but after entering the bull season phase negative news or big FUD will not be affected to the market. we can only speculate on the analysts wishing the altcoin market a speedy recovery with significant returns to come. now is the best time to prepare

The opinion of analysts can change quickly depending on which way the price of Bitcoin will move. If the price of Bitcoin drops to $ 20,000, then everyone will forget about the bull market at the same time and will expect a further decline in BTC and other altcoins.

Depending on the time frame, the analysis can change massively. Small dumps or pumps wouldn't affect the long term analysis but massive dumps may be affected depending if the long term chart pattern where destroyed. Long term chart pattern in my experience don't break much often because of the anticipation of traders and for me it's the one I like following on.

Just always prepare on what might happen, there are anticipations that didn't realize but it is better to have a chart to follow on compared to assume and do blind anticipation.

tvplus006

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Quote from: irsykes on September 04, 2023, 10:00:41 AM

as usual big investors play the role of market volume, because the bull run time has not yet come the altcoin market is easily flushed. but after entering the bull season phase negative news or big FUD will not be affected to the market. we can only speculate on the analysts wishing the altcoin market a speedy recovery with significant returns to come. now is the best time to prepare

The opinion of analysts can change quickly depending on which way the price of Bitcoin will move. If the price of Bitcoin drops to $ 20,000, then everyone will forget about the bull market at the same time and will expect a further decline in BTC and other altcoins.

irsykes

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Quote from: Bobrox on September 03, 2023, 02:53:45 PM

Keep in the positive mindset for bitcoin recovering to higher price always we faced fact with bitcoin price keep stable in lower price almost a month, during few months later in this year seems bitcoin can't expected for raising to higher price because many time bad news and FUD coming every where, difficult to make investor keep believing with bitcoin in short time back to higher price and seems next year when halving close is opportunity for bitcoin back to the top price.

Need patience for few months left this year waiting bitcoin still stable in lower price, I don't huge expected with bitcoin in short time success break out to higher price.

as usual big investors play the role of market volume, because the bull run time has not yet come the altcoin market is easily flushed. but after entering the bull season phase negative news or big FUD will not be affected to the market. we can only speculate on the analysts wishing the altcoin market a speedy recovery with significant returns to come. now is the best time to prepare

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Quote from: Natalim on September 04, 2023, 06:51:18 AM

Don't think bad about it as it was expected to come after halving. But if you are thinking about this year, you will only be disappointed.
But I have to encourage of not to think about it because the more it appears in your mind, the more you'll lose your focus and make decisions badly. The market pumps like before but if you are too impatient, I'm not going to wonder why you will still miss it. The market is full of tests for us - attitudes, behavior, trust, and most of all, it tests us on how to see positivity while the market is in crisis.

more like the market is giving time for people to accumulate, history sometimes repeats itself, we've seen how many people are not accumulating back when in bullish and regrets their decision, when they are given the opportunity to accumulate which is bearish, they are too afraid, then in the future bullrun will comes again and they will regrets again.
currently the cryptocurrency market will probably see bearish for a long time into the future, doesn't mean it will lasts forever, even if bearish is long, the one that accumulates could always be patient if they are truly trying to invests.
after all cryptocurrency cycle is always repeated and it seems bullish is rather obvious but definitely not near, maybe after next year.

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Don't think bad about it as it was expected to come after halving. But if you are thinking about this year, you will only be disappointed.
But I have to encourage of not to think about it because the more it appears in your mind, the more you'll lose your focus and make decisions badly. The market pumps like before but if you are too impatient, I'm not going to wonder why you will still miss it. The market is full of tests for us - attitudes, behavior, trust, and most of all, it tests us on how to see positivity while the market is in crisis.

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Quote from: Bobrox on September 03, 2023, 02:53:45 PM

Need patience for few months left this year waiting bitcoin still stable in lower price, I don't huge expected with bitcoin in short time success break out to higher price.

For short time, there shouldn't really be some expectation because you'll never know what it is about to come. There's a lot to come to Bitcoin but more of it on next year. And that is because of the halving that will take place around April of 2024.

Quote from: Wahyuihib on September 03, 2023, 01:31:30 AM

keep holding the ownership of the assets that we have until we get a profit when we sell them back

And choose the assets that you want to hold for the long term. Not all of them are significantly going to grow but many of them can be a way to make yourself profitable with them.

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Quote from: wheelz1200 on September 03, 2023, 03:19:01 PM

Quote from: Justin999 on August 23, 2023, 04:41:09 PM

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

I think we are still a long way away from a full force bull market. On top of the world wide economy looking like its gonna slide backwards, and the halvening coming soon we still are a ways off. Ypu might see some mini pumps in the meantime but those will all be short lived. I personally think bitcoin might touch 20k again before we start seeing 100k figures.

We're still on the $25k - $26k, and yes, we're not sure how long the price of Bitcoin can hold with that whether we fall below $25k (but I didn't think about reaching $20k) or have a pump over $26k and continue to rally. Now, it was really hard to speculate as to what would happen next but must prepare for the sideways movement of the market and most of all, must prepare to buy when the price rolled down more.
I would say that there is no clear direction for Bitcoin but I believe that during BER months the price went high as has also happened in the past years.

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Quote from: Justin999 on August 23, 2023, 04:41:09 PM

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

I think we are still a long way away from a full force bull market. On top of the world wide economy looking like its gonna slide backwards, and the halvening coming soon we still are a ways off. Ypu might see some mini pumps in the meantime but those will all be short lived. I personally think bitcoin might touch 20k again before we start seeing 100k figures.

Bobrox

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Keep in the positive mindset for bitcoin recovering to higher price always we faced fact with bitcoin price keep stable in lower price almost a month, during few months later in this year seems bitcoin can't expected for raising to higher price because many time bad news and FUD coming every where, difficult to make investor keep believing with bitcoin in short time back to higher price and seems next year when halving close is opportunity for bitcoin back to the top price.

Need patience for few months left this year waiting bitcoin still stable in lower price, I don't huge expected with bitcoin in short time success break out to higher price.

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Quote from: Justin999 on August 23, 2023, 04:41:09 PM

Crypto market was going well, Bitcoin was pumping gradually and altcoins also following the path after bitcoin. But market get dumped recently. But today it shows good signs for something good to be happened. So what do you think? We are going to notice recovery soon? Or many dumps are waiting ahead?

some cryptocurrency investors say "don't keep everything in one basket" that's quite true, because currently there are quite a lot of altcoins that are potentially bullish when bitcoin finishes bullish, I still recommend everyone to invest in 3 or 4 altcoins (besides bitcoin) because the altcoin market will be bullish (however, as much as possible, avoid meme tokens whose price increases are based solely on hype) and you can make profits apart from being bullish on bitcoin.

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