Cryptocurrency Huge Down from ATHs. what will happen the next ? - page 4.

Finestream

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Quote from: Nrcewker on June 13, 2022, 12:23:27 PM

This is not happening for the first time I guess?
When Bitcoins were around 20k usd, it once went down to 3k usd and they again it started recovering.
Same is happening now.
I would suggest all the members to not panic and show some patience.
Give some time to market and wait.
Once Bitcoins start gaining the pace and rise in price, all altcoins will also follow it’s lead.
In the meantime buy as much as Bitcoins if possible and wait for the market to skyrocket.
Hope everyone will make good profits when this bearish season ends.

True. History only repeats itself. And instead of panicking, we should learn from it. If bitcoin drops down to zero value, that's the only time we should start panicking because it can hardly recover from that. But as long as bitcoin never loses its value, no matter how low it would drop, it will always influenced other crypto coins once its own price boost again. For now, let's enjoy the scene and make sure to buy in the dips particularly for bitcoin. We will still be profitable when bull run takes over if we always take advantage with the current dips.

sklopan

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I have the impression that in the near future the price will return to its previous level. With that, there is even a possibility that the price will be higher than before.

virasisog

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Quote from: BobK71 on June 15, 2022, 01:04:18 PM

Quote from: smartaction on June 13, 2022, 11:58:52 AM

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

The collapse of the crypto market is nothing new. We see some small and big fall down last year we also see the recovery and get the ATH. There are many crypto experts who always suggest when the market get drastically down or collapse that would be an opportunity instead of threat. Experts always say that discard the theory that the market is dead. So in this situation it is a good opportunity to buy and finally investors required some patience which is the main key to get success.

The bearish market situation usually happens and it already occurred lots of times so I'm wondering why others still fear it. If the bear market doesn't happen, we won't get a chance to buy high potential coins at cheaper prices. All good coins can drop to their lowest price but they always recover later on. If we're doubting potential coins during this season, we better check how they moved during the previous bearish seasons.

carlfebz2

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Quote from: BobK71 on June 15, 2022, 01:04:18 PM

Quote from: smartaction on June 13, 2022, 11:58:52 AM

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

The collapse of the crypto market is nothing new. We see some small and big fall down last year we also see the recovery and get the ATH. There are many crypto experts who always suggest when the market get drastically down or collapse that would be an opportunity instead of threat. Experts always say that discard the theory that the market is dead. So in this situation it is a good opportunity to buy and finally investors required some patience which is the main key to get success.

If you've been here on this market for a while now or after how many years then drops like this wont really scare you out but instead you would be rather seeing this as an opportunity for you to get in but with some

mix of those rumors on hitting 8k then it is really unavoidable for you to think and wait up even more further.Dont know on whats their basis on such speculation but there would be always the probability.

Market couldnt really be just having that increasing price forever.Expect for something like this to be part of the cycle on which there would be those red candles or crashes that could really happen
along the way.

BobK71

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Quote from: smartaction on June 13, 2022, 11:58:52 AM

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

The collapse of the crypto market is nothing new. We see some small and big fall down last year we also see the recovery and get the ATH. There are many crypto experts who always suggest when the market get drastically down or collapse that would be an opportunity instead of threat. Experts always say that discard the theory that the market is dead. So in this situation it is a good opportunity to buy and finally investors required some patience which is the main key to get success.

Silberman

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Quote from: smartaction on June 13, 2022, 11:58:52 AM

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

I think that is information that all of us would like to know, but since that is not the case we can only speculate, the drop we are seeing in the market this time is not really its fault, all the markets went down and investors are worried about the possibility of a recession taking place so people are not really optimistic about our economic prospects, while politicians simply ignore this and keep taking all kind mistaken decisions, so if I were to guess I think things will get even worse and this could affect the price of bitcoin again.

iv4n

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Quote from: JoyMarsha on June 15, 2022, 10:48:55 AM

The bottom line of it all is to buy the deep and hodl and forget what happened thereafter. Trying to figure out when the bearish market will be over, will be a difficult puzzle to ascertain.
This bear market is just serving as an opportunity for investors to buy deep in crypto. For those that miss the last 2years' bear market when bitcoin was around $5k, it's another given opportunity for them to grab

Well, Bitcoin can go lower, -80-90% from ATH! Now we are at -65%, if we see history repeating itself once again I guess we will see BTC price going down a bit more!

Nobody can say what will happen next, but my thinking is that in the next 2 years we will see fluctuations around this price now! Probably we will have some bull trends from time to time, and maybe we can see the price of BTC over $20k at some moments, but that will be a short breath... I expect rough two years, and when halving gets closer we will see something more serious happening in crypto!

JoyMarsha

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The bottom line of it all is to buy the deep and hodl and forget what happened thereafter. Trying to figure out when the bearish market will be over, will be a difficult puzzle to ascertain.
This bear market is just serving as an opportunity for investors to buy deep in crypto. For those that miss the last 2years' bear market when bitcoin was around $5k, it's another given opportunity for them to grab

palle11

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Quote from: smartaction on June 14, 2022, 11:04:08 AM

This is a bad luck for them. Those who did not sell their holding coins at high prices. Looking at the condition of the market, it seems that there will be no market recovery this year. It will take a long time for the market to recover. Which will create a bad experience for the holders.

Even if there happens not to be a recovery this year, it should come as surprise because that the expectation for bear season is always at remembrance after halving. It happened during the time of 2017 in December and that lasted to 2020. This time will not be a surprise if hodlers don't believe that institutional investors would change the history but we are not seeing the new thing but same as it has happened.

Quote

Which will create a bad experience for the holders.

Maybe for new hodlers but not old hands.

Questat

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Let your emotions just settle down and relax. The more we keep seeing and checking the market, the more increase our worries, we'd rather step back and make busy with other stuff in order to divert our mind from the downtrend. We can't be losing unless we don't sell, just hold and wait for the recovery. may this bear season stay for a while, might in several months but we don't get lose our mind and hope as the bull season will come next after this.

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Quote from: ice18 on June 15, 2022, 02:10:33 AM

No one knows till when this bear market will end, its a cycle again after this another bull season is approaching but still we dont know how long this bear season will last it can take months or years. Most crypto assets right now is at 80%-90% low from ATH so its good time to accumulate now and just hodl it till market started to become bullish again.

That's true, even though we have tried to do the analysis, it will not guarantee that we can know when this bear market will end.
indeed at this time prices are back down and sometimes without us knowing this can create panic,
it's normal but it's better to stay calm and take this moment to buy and hold it until the market is bullish again

lienfaye

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Quote from: smartaction on June 13, 2022, 11:58:52 AM

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

As usual we cant predict accurately on what might happen next. What I know is this is the moment to fill our bags because the current price of coins are quite cheap compared to the past months. Those who didnt had the chance to hold crypto when the past ATH happened, this is the moment you've been waiting for, take advantage the dip.

But we know not all investors are seeing this bearish season positively. Certainly some of us are also hesitant to engage themselves because of the worries that it might drop further. Thus, only invest what you can afford to lose. Investing in crypto is risky but investors who are long been here knows that its worth it.

rozak

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Quote from: ice18 on June 15, 2022, 02:10:33 AM

No one knows till when this bear market will end, its a cycle again after this another bull season is approaching but still we dont know how long this bear season will last it can take months or years. Most crypto assets right now is at 80%-90% low from ATH so its good time to accumulate now and just hodl it till market started to become bullish again.

to enter the market now is not so good. market conditions remain vulnerable to a deeper downturn. we have to wait for the market to stabilize first. this season may be long, but after that, I'm sure there will be a pump ready.
wait for the moment to buy, even though the ATH drop situation is already very big. there is still a possibility of further decline. be patient and watch the market.

ice18

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No one knows till when this bear market will end, its a cycle again after this another bull season is approaching but still we dont know how long this bear season will last it can take months or years. Most crypto assets right now is at 80%-90% low from ATH so its good time to accumulate now and just hodl it till market started to become bullish again.

traderethereum

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Quote from: lixer on June 14, 2022, 11:10:41 AM

Whatever rate you’re buying from now is a low rate, the market is in bearish trend and that’s it for now. If you keep waiting for the lowest of the trend, you wouldn’t get it; what do you think it is going to be and when is that going to be? People wait for the lowest down trend and end up missing out from the market because of that. By the time you’d know it, the market has already started to go up in value. And whatever rate you buy now, just know that you will recover it in the future, as long as you invested in a good crypto asset.

We must decide to buy now or wait for the next low.
But we all know that no one can guess what the lowest bitcoin price will be.
Therefore, deciding when to buy a position will be crucial because we must analyze it before placing a buy order.
But if you just wait and do nothing, you could be missing out on buying bitcoin because you haven't done any analysis yet while the price has started moving up or down again.

Quote from: BuNga_cute on June 14, 2022, 04:19:14 PM

Because the decline that is happening now is quite deep, what we really need to do is hold the coins that we bought earlier. Or it could be like you said,
use the current bear market situation to buy coins that we consider potential. I also strongly agree that before deciding to buy coins, we must do our
own research and analysis. Actually, not to determine the lowest price, because now almost all coins are already at a low price and deserve to be bought.
We do research and analysis to make sure the coins we are going to buy are really potential, because it is very risky if we invest in the wrong coins.
To be more secure, indeed choose top coins, that's because top coins have a very high demand, so top coins will recover faster. Regarding when
the bear market ends and the market can recover, that's the answer no one will know, because it is very difficult to predict the crypto market.
All we can do is wait patiently and hope the bear market doesn't run for too long.

Only by analysis can we find out when it is time to enter the market and start buying those potential coins.
Maybe we haven't been able to find the right time to buy but we can buy those coins at a low price, which is already a fortune for us.
Buying top coins can be one way to get profits in the future, especially if the crypto market has started to bounce back from current conditions.
But we still have to wait patiently because we don't know when this bear market will end.

Lanatsa

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Quote from: smartaction on June 13, 2022, 11:58:52 AM

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

1. Hold your position (if you've bought on the peak or higher price)
2. Dont check your portfolio
3. Buy when your budget permits you
4. Wait for recovery

We are all on having the same question on when recovery would happen.
We are on deep reds came from those ATH's but this isnt the first time that we've
seen on how this market behaves but for those new ones then its a normal reaction to have.

doomloop

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Quote from: tbct_mt2 on June 13, 2022, 11:25:19 PM

It is time to cash out your risky asset to fiat currencies, not to stable coins because we don't know what will end with stable coins.

That is reasonable concern and it triggers the massively bank-runs from many cryptocurrency platforms. Market manipulators take advantage of the global financial recession in order to create panic sells, bank runs and more seriously liquidations on projects, institutional positions.

That is insane and it is my first time to witness it.

Anyway, after all of drama, massacres, cryptocurrency and blockchain technology will be here, to serve the human society for a better future, more convenience, better transparency, etc.

Really? And you will be doing this on this situation where the dump is now heavy? I think it's too late for that. Risky assets shouldn't be held this long but they should be disposed as early as possible or when the market is still in green condition. Some stable coins are safe and can be better than fiat, so you shouldn't be afraid to convert them your risky assets.

The last thing that you said, about the purpose of cryptos is the thing that can make this market recover. At some point there will be a demand for them because they can be used for other purposes not just for investments. @OP what happens next is prolly a huge pump as this scenario is similar to what I saw before.

milewilda

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Quote from: ?? on ??

Quote from: smartaction on June 14, 2022, 11:04:08 AM

This is a bad luck for them. Those who did not sell their holding coins at high prices. Looking at the condition of the market, it seems that there will be no market recovery this year. It will take a long time for the market to recover. Which will create a bad experience for the holders.

It might be a opportunity to the others who likes to buy crypto at lower price. Its not the first tome bitcoin been too dip and altcoins usually follows the bear market whenever bitcoin dumps. The difference only now is there are other factors like recession , war and etc that affecting the price that may trigger to a much lower price and longer waiting time before it starts to recover and bounce back. Experienced traders were waiting for signals where the price may start its pump before they buy.

This is indeed an opportunity to buy cheap but to know that not all people would really be that confident on doing so because they would really be having that in mind into those what if's on where the
primary thing to have in mind is that on what would be the bottom? Is the market alright and wont become or goes to zero? .. These questions are the most common thing in mind thats why
its not surprising that we would really be having different sentiments in times like these and knowing on what would be the next move is something that no one could answer.
All the thing we can do is to speculate and lets see if it would really be moving according into those speculations.

BuNga_cute

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Quote from: traderethereum on June 14, 2022, 01:30:12 AM

Quote from: smartaction on June 13, 2022, 11:58:52 AM

Cryptocurrency is now in a big crashing. And whole crypto marketcap now under $1Trillion. What will the next? and How long do you think it will take for the market to recover?

Maybe this situation will last for a while before support returns to the crypto market.
Until then, we can use it to buy lots of potential coins that can increase again, such as bitcoin, ethereum, bnb, etc.
But make sure before we buy, we have to analyze the movement so we can buy the coin at a low price.
We don't know how long the market will take to recover and can only hope it won't be long, but that depends on how the support comes in later.

Because the decline that is happening now is quite deep, what we really need to do is hold the coins that we bought earlier. Or it could be like you said,
use the current bear market situation to buy coins that we consider potential. I also strongly agree that before deciding to buy coins, we must do our
own research and analysis. Actually, not to determine the lowest price, because now almost all coins are already at a low price and deserve to be bought.
We do research and analysis to make sure the coins we are going to buy are really potential, because it is very risky if we invest in the wrong coins.
To be more secure, indeed choose top coins, that's because top coins have a very high demand, so top coins will recover faster. Regarding when
the bear market ends and the market can recover, that's the answer no one will know, because it is very difficult to predict the crypto market.
All we can do is wait patiently and hope the bear market doesn't run for too long.

el kaka22

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I have to say 90% is a bit too much for some of these. I get the 70% and even maybe 80% ones like some of them are ok, but anything above 80% is destined to be a bit too bad.

I say 70% to 75% right now is the max I can accept. Look at btc, that is just +65, or ETH which is a very high 75+, bnb is doing fine with 67% and so forth. XRP on the other hand, that one had the ATH in 2018, I can tell you that much and you should understand what we are looking at ,they didn't even have their ATH during 2021 or anything like that, it was back in 2018. I guess we know which ones are better to invest right now and which ones we should be staying away from.

Topic: Cryptocurrency Huge Down from ATHs. what will happen the next ? - page 4. (Read 784 times)