Topic: Crypto prices are starting to strengthen again - page 5. (Read 7820 times)
Well we are having some bull intervals, but we are yet to be back to full bull trend. Looking at what's happening around the world, it's still a reflection of more dips to come. Let's see what second quarter will give, we can then give a prediction for the rest of the year. For now am taking profits when I have them.
Coinmarketcap reports that today the 10 largest market cap crypto assets have started moving back into the green in the last 24 hours.
And this morning the most shining altcoin was Terra (LUNA) which passed 8.2% at $55.3 dollars.
Then Solana (SOL) also rose to the level of 87.32 US dollars or rose 3.5%, and Binance Exchange (BNB) which rose 3.4% to $373.4.
Likewise, the price of bitcoin is now in the position of $38,184, up 2.4% compared to the previous day.
And there are several other altcoins such as Cardano (ADA), ETH, DOT, and Dogecoin which rose 1.06% to $0.13 dollars.
Hopefully there will be more progress for all crypto prices.
First off, coinmarketcap doesn't record prices correctly. It is owned by Binance so there is a conflict of interest. It excludes price tracking for cryptos if they aren't traded on exchanges that CZ is friends with - scammy Chinese exchanges with wash trading. None of the prices are legit there. I prefer coingecko but they have a lot of problems too. 0xMR for example exists on 8 different chains and L2's and coinmarketcap doesn't track the price, while coingecko does partially but only on uniswap. We need a decentralized solution for this. And this morning the most shining altcoin was Terra (LUNA) which passed 8.2% at $55.3 dollars.
Then Solana (SOL) also rose to the level of 87.32 US dollars or rose 3.5%, and Binance Exchange (BNB) which rose 3.4% to $373.4.
Likewise, the price of bitcoin is now in the position of $38,184, up 2.4% compared to the previous day.
And there are several other altcoins such as Cardano (ADA), ETH, DOT, and Dogecoin which rose 1.06% to $0.13 dollars.
Hopefully there will be more progress for all crypto prices.
Although market was trying to be strength but it was also passing through uncertain situation and as a consequence, started downtrend today and still nobody knows the causes what effecting the market and making it bearish. And at this point, i'm not to happy cause it quiet hard to think that market will show progress soon! Now the main fact is, how will we handle such market
basically the crypto market is indeed volatile meaning it can go up or down very quickly, but I admit that lately the crypto market is quite confusing. a few days ago the market went up very significantly and caused the bitcoin price to rise from $38k to $43k, but after that the market seemed to lose steam and the price slowly moved downwards.in the current market situation we are required to remain vigilant because we do not know after this the market will move down or up.The only problem is that we are talking about something that would be not really special for one thing and that means we still do not have any idea "which coin is better" type of deal. In the end its obvious that if we invest into fundamentally strong coins and tokens, its normal to make a good return.
Choosing the known coins is enough to establish possible huge returns. Putting money into Bitcoin and Ethereum gives you no worries about the future as they are certainly profitable as we know these two coins will pump. This never be a problem, what we need is to choose them, not shitcoins if we want to profit, not losses.
Today have good thing for several altcoin have success back to higher price, usually I checked and bookmark some altcoin on my exchange listed from BNB, LTC, SOLANA and ETH looks reach higher price. Solana as potential coins back to higher price from $110 up until $123 and looks keep stable and have chance to see Solana coins touch all time high price. But still waiting with bitcoin price could break out above $50,000 for several days later because most higher price on last several days bitcoin only reach to $47,800. I think when bitcoin keep going up to higher price have possibility for moment new all time high price with several altcoin in few days later, but still waiting without bad news.
Those back to great prices again is resulted by the market going up, which is of course a great thing but doesn't mean anything specific for that coin. I mean those coins went up, but the whole market went up, look at the market and how it is overall higher right now. This is a great thing for crypto and there is nothing to be sad about this situation.The only problem is that we are talking about something that would be not really special for one thing and that means we still do not have any idea "which coin is better" type of deal. In the end its obvious that if we invest into fundamentally strong coins and tokens, its normal to make a good return.
Hopefully, this price movement could go on a bit longer, I really need to see it doing better just for my mental health 
. I mean I do not want to sell anytime soon, so even if it reaches 60k it wouldn't matter to be financially because I will not be earning anything since I won't sell.
But, seeing it lower and lower all the time and I was tired of seeing that, I needed a pick me up to see how well it could do, hopefully it could do well in the short future. This would allow me to regain my hopes about the future, even though I am a long term investor and not a trader, I just sometimes feel bad even though I keep holding it and know that it will do better in the long run.
It will mate don't worry and in fact the rise have begun already. As you can see btc is now at 47k and some altcoins are now on their way of following btc but if you feel bad of seeing a low price, there must be wrong with you and by that you will be needing to see a specialist.. I mean I do not want to sell anytime soon, so even if it reaches 60k it wouldn't matter to be financially because I will not be earning anything since I won't sell.But, seeing it lower and lower all the time and I was tired of seeing that, I needed a pick me up to see how well it could do, hopefully it could do well in the short future. This would allow me to regain my hopes about the future, even though I am a long term investor and not a trader, I just sometimes feel bad even though I keep holding it and know that it will do better in the long run.
You should be aware that crypto prices can go up and down but one must need patience if he wants to see the price stayed at one direction, preferably in an upward position. Since seeing the price can make you feel bad, why not make it a habit of avoiding the price? this is what most long term investors are doing and it works perfectly not only to not feel bad about the dumps but it can't make you tempted to sell early.
Everyone of us are trying to trust our own instincts when it comes to trading but more and more are saying that a crash will come that will rip off a lot of money from the traders.
For now and for mid terms everything is looking good.
For now and for mid terms everything is looking good.
Those are obviously FUD from traders that already take profit and want to ride againat lower price. This kind of FUD strategy is not new on crypto and this what complete the crypto cycle. There's always a massive dump after a huge pump since crypto is just changing hands from early holders to late traders then it will go to sideways to determine what will be the next move of crypto.
Believe this FUD what makes crypto balance from being overbought that more risky than a healthy correction.
Hopefully, this price movement could go on a bit longer, I really need to see it doing better just for my mental health . I mean I do not want to sell anytime soon, so even if it reaches 60k it wouldn't matter to be financially because I will not be earning anything since I won't sell.
But, seeing it lower and lower all the time and I was tired of seeing that, I needed a pick me up to see how well it could do, hopefully it could do well in the short future. This would allow me to regain my hopes about the future, even though I am a long term investor and not a trader, I just sometimes feel bad even though I keep holding it and know that it will do better in the long run.
. I mean I do not want to sell anytime soon, so even if it reaches 60k it wouldn't matter to be financially because I will not be earning anything since I won't sell.But, seeing it lower and lower all the time and I was tired of seeing that, I needed a pick me up to see how well it could do, hopefully it could do well in the short future. This would allow me to regain my hopes about the future, even though I am a long term investor and not a trader, I just sometimes feel bad even though I keep holding it and know that it will do better in the long run.
Everyone of us are trying to trust our own instincts when it comes to trading but more and more are saying that a crash will come that will rip off a lot of money from the traders.
For now and for mid terms everything is looking good.
For now and for mid terms everything is looking good.
Today have good thing for several altcoin have success back to higher price, usually I checked and bookmark some altcoin on my exchange listed from BNB, LTC, SOLANA and ETH looks reach higher price. Solana as potential coins back to higher price from $110 up until $123 and looks keep stable and have chance to see Solana coins touch all time high price. But still waiting with bitcoin price could break out above $50,000 for several days later because most higher price on last several days bitcoin only reach to $47,800. I think when bitcoin keep going up to higher price have possibility for moment new all time high price with several altcoin in few days later, but still waiting without bad news.
Bitcoin’s price jumped back above $45,000 Sunday afternoon for the first time since March 2.
Bitcoin has been trending up over the past week, and surged by 5% Sunday in a climb that sent its price to nearly $47,000.
The current climb extends a surge that started earlier this month after the Federal Reserve’s announcement that it would raise interest rates for the first time in three years.
Bitcoin has been trending up over the past week, and surged by 5% Sunday in a climb that sent its price to nearly $47,000.
The current climb extends a surge that started earlier this month after the Federal Reserve’s announcement that it would raise interest rates for the first time in three years.
Don't trade with emotions,
1) Buy when red
2) Take profit when green
3) Rinse and repeat
Don't Fomo.
1) Buy when red
2) Take profit when green
3) Rinse and repeat
Don't Fomo.
Well said. Buying opportunity arise when any good coin/token is bottomed out, means when you see double and triple bottom and V or W shape recovery is clearly visible. This is learning of my long experience of trading crypto assets that we only make huge profit when we buy in bearish market. It is never good idea to buy in hype and take risk of loss because eventually market will get corrected.
Don't trade with emotions,
1) Buy when red
2) Take profit when green
3) Rinse and repeat
Don't Fomo.
1) Buy when red
2) Take profit when green
3) Rinse and repeat
Don't Fomo.
in a situation like this (bear market) we must be able to think positively because complaining will not change anything, besides that the bear market is unavoidable because the crypto market is very fluctuation. if we are able to think clearly we will not see a bear market a scary condition because a bear market is a good time to buy because you can get bitcoin or altcoins at lower prices. The most important thing we must pay attention to when the crypto market enters a bearish phase is to determine the best point to buy so as not to get caught in a bear trap.
I get that it is not really that quite common for people to not whine and complain about a drop, but that is the correct way to approach if you want to be a good trader.People need to realize that if you keep on complaining, you are not changing the price and you will not be making enough profit at all. Obviously there will be some sort of situation where you will make a bit of a profit, but at the end of the day there won't be any type of situation left if you just focus on complaining, those situations arise when you are focused and look at the charts and know what you could do in case of what happens. That is the way big traders make their profits.
This is for those who like to just speculate on the market no matter which way the market goes, up or down the trader always wins.
Cryptocurrency continues to fall. But still, now many people believe in cryptocurrency. A lot depends on how useful is the project.
For example, cryptocurrency can be used for shipping industry like this https://twitter.com/CoinNexum/status/1492571253336588292
There are all reason for the future growth of the cryptocurrency.
People believe more incryptocurrency because they do not believe that economical situation will stabelize soon.
Now many people believe than cryptocurrency market will grow. That is why they actively buy cryptocurrency and hold it using cryptocurrency for investment perposes.
All tough Crypto prices are starting to strengthen again i'd still be cautions and not go all in.
Exactly, moreover we know that the market is still very volatile, the price of altcoins are still struggling, not all altcoins are increasing so much or even they are still decreasing or being stagnant.With the previous drop moreover, they still can't be back to the previous higher prices.
I personally think that it is better to be wise to face this market situation. We can take some chancs to take profits and also get some coins that are very worthit. But, we still must be mroe careful and wiser in order to not following the FOMO at this time.
There is no doubt cryptocurrency will become more popular from year-to-year; starting from 2021 we have seen ATH begin again, Elon Musk's entry, DeFi's rise, and NFT's dominance. Perhaps we experienced a decline a few days ago, but it won't last long. Cryptocurrencies are showing signs of growth.
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alot fundamental support from market this year and most of them come from huge institution and government,so no doubt there are alot liquidity and fresh money come to cryptocurrency market. although there are alot fud but till this time we still very solid and no one could make intervention to crypto market.-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
The adoption of cryptocurrency only increase.
this year alot adoption coming from serveral countries and it support usecase in our life. Cryptocurrency continues to fall. But still, now many people believe in cryptocurrency. A lot depends on how useful is the project.
For example, cryptocurrency can be used for shipping industry like this https://twitter.com/CoinNexum/status/1492571253336588292
The world's problems are also reflected in the cryptocurrency. People just don't know what to do. They are unsure and hesitant. This is perfectly visible on the cryptocurrency scene. It fluctuates greatly, then falls, then grows. Therefore, it is impossible to say with certainty that the cryptocurrency market is strengthening.
Many people believe that cryptocurrency started to strengthen. The situation in the world is so unpredictable now that many people prefer to use cryptocurrency.
The adoption of cryptocurrency only increase.
We all here believe in growth but you should not wait for the actual growth to happen before you finally decide to invest or to buy more because that is a risky strategy, chances are the price will dip after it but if you manage to get lucky, the increase will continue giving you some earning which you will then need to grab or else you will regret it.
Cryptos are unpredictable and unstable, that is a big check/fact but this unstableness is a blessing and the unpredictability of crypto gives us excitement or a thrilling experience, it was literally like a roller coaster ride. It's only nice to know that despite of the war and other negative news, crypto price still remains to be strong.
I have to say it is not clear what causes bitcoin to go up, or any other crypto.Cryptos are unpredictable and unstable, that is a big check/fact but this unstableness is a blessing and the unpredictability of crypto gives us excitement or a thrilling experience, it was literally like a roller coaster ride. It's only nice to know that despite of the war and other negative news, crypto price still remains to be strong.
Sometimes there are good news and it goes up, sometimes there are bad news and it goes down and those are easy ones. However, this is not guaranteed, sometimes it does absolutely nothing in good or bad news or sometimes it even reacts in reverse. So, this is why there is nothing wrong with the fact that considering crypto as unimaginable to predict beforehand with certainty.
You could always try to predict, assume, guess but those are not really things that means "info", it is just made up things that we hope it hits. Obviously it sometimes results with us being right, and sometimes results with us being wrong.
There is no doubt cryptocurrency will become more popular from year-to-year; starting from 2021 we have seen ATH begin again, Elon Musk's entry, DeFi's rise, and NFT's dominance. Perhaps we experienced a decline a few days ago, but it won't last long. Cryptocurrencies are showing signs of growth.
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