Topic: Cryptocurrency is silent why? (Read 1298 times)
But now the price of Bitcoin is no longer silent the way I am seeing what is happening in the market so what are we say that causes the silent of Bitcoin is when there is a negative information concerning bitcoin that it is about to fall and it is about to increase so many people with the hold of their money for investment because they know that when it falls because of the information they are investment is gone or they will loss big for the investment that is why they allow it to fall before them by or they will allow it to increase before they will buy
For some months, cryptocurrency is in a down falling trend which is the main cause.
Cryptocurrency has been down falling and quite because cryptocurrencies is a decentralized systems operates on decentralized networks, meaning transactions occur directly between users without the need for intermediaries like banks, resulting in a quieter financial system.Ways of Transactions are encrypted in code and conducted, giving us as users a degree of privacy and reducing the need for public announcements. Cryptocurrency allows for transactions to occur 24/7 across different time zones, with users conducting business at their convenience, often without generating noise or disruption in the crypto space without having much challenge.
there are no major events that lead to the positive, so that it can excite the market, but instead there is negative news that makes the market even more unenthusiastic. because the negative news is about the economic crisis that will probably occur in 2023, where the world body has warned about this to countries that will indeed be hit by the crisis.
What you're saying is a big problem that is clearly very likely to affect the market now and next year, because it's a very big problem and I personally also hope that this problem doesn't really happen despite warnings from the world body for some time. countries that will be hit by a crisis problem next year.Quote
maybe the big and good news that happened in some countries doesn't seem to make the situation any better, because this crisis clearly makes many countries have to tighten their spending in order to get past this problem.
hopefully with the help of the world bank will push many countries to get through the crisis and will spark a new passion of the crypto market.
Assistance from the world bank will indeed be very much needed if problems like the crisis occur next year, but so far I have not seen any news about aid from the world bank. Because if the world bank doesn't want to help and interfere in this matter, I think there will be more countries dying with a crisis condition if it really happens. hopefully with the help of the world bank will push many countries to get through the crisis and will spark a new passion of the crypto market.
Quote
But now the price of Bitcoin is no longer silent the way I am seeing what is happening in the market so what are we say that causes the silent of Bitcoin is when there is a negative information concerning bitcoin that it is about to fall and it is about to increase so many people with the hold of their money for investment because they know that when it falls because of the information they are investment is gone or they will loss big for the investment that is why they allow it to fall before them by or they will allow it to increase before they will buy
Yes, the price of Bitcoin has increased to $21,000 that made many long term investors to believed that bullish market is about to appear for bearish market to give way till the price will increase higher to $100,000 before the market will be silent again. I don't think, the price of Bitcoin will still decrease more than $19,000 or $20,000 before it will increase higher for those that invested, when the price was $18,000 to start releasing their bitcoins to the market to make a good profits from the market. I believe, before the end of 2023 Bitcoin price will hit $100,000 because there are many signs in the market that showed that Bitcoin price will pump very well in the future.
I think the best time to buy is now because the price is still cheap, if the market is bear, then we get a higher price, it's better to buy immediately so that we have a chance to profit, rest assured that a bull run will occur soon and the best chance to get a low price.
It seems you want to say that buying in bearish conditions is better because all cryptocurrency prices are at low levels. Yes, it's not wrong, but why are there still people who don't dare to buy when bears occur in the market and some even prefer to exchange their assets into stable cryptocurrencies rather than stick with existing coins. [/quote
That's the psyche tough, it's human nature to be fearful when the market is in red or at least going down, from $69k to $20k, who wouldn't be afraid of that?
But that's what separate a smart investors from just average one. Smart investors knows when to buy, while those average one tend to buy when the price is going up and so how can then make money, huge money from the market? So just be wise and you will be good here in the long haul.
For now there is small disturbance in the market. Large scale holders will try to make some manipulation and book the profit. The market that is to be turning good, could soon drop down. This is how the predictions are coming. So, it is the time period where we need to be very cautious or should have the patience to hold. In the upcoming months FED could slower the interest rate even if inflation doesn't show signs of improvement. This could make some confusion in the market.
To what coin you are talking about? I am sure this ain't bitcoin because its value was still stuck at $20k something but there must be a manipulation that happened last time with btc and it was when it rise up to 24k usd and then dump fast to under $20k. It is faking the people thinking the bull run is already there and there are careless people who got baited with it where they continuously buy more coins.It's okay if we will sell some but we should do it quick when we feel the price is already rising but if we don't need an immediate cash then much better if we will just continue hodling to be able to gain more once the real bull run occurs.
I think the best time to buy is now because the price is still cheap, if the market is bear, then we get a higher price, it's better to buy immediately so that we have a chance to profit, rest assured that a bull run will occur soon and the best chance to get a low price.
It seems you want to say that buying in bearish conditions is better because all cryptocurrency prices are at low levels. Yes, it's not wrong, but why are there still people who don't dare to buy when bears occur in the market and some even prefer to exchange their assets into stable cryptocurrencies rather than stick with existing coins. This is a very strange thing in my opinion because if he had known there would be another bullrun at the end of this year, he should have stuck with the existing assets if he couldn't afford to buy more.
What they will feel later is only regret for not buying at a low time maybe now he still doesn't think how to take this opportunity but when the bullrun comes in the next few years while he still keeps stable assets I think he will regret the act of not buying bitcoin as future assets.
I think the best time to buy is now because the price is still cheap, if the market is bear, then we get a higher price, it's better to buy immediately so that we have a chance to profit, rest assured that a bull run will occur soon and the best chance to get a low price.
It seems you want to say that buying in bearish conditions is better because all cryptocurrency prices are at low levels. Yes, it's not wrong, but why are there still people who don't dare to buy when bears occur in the market and some even prefer to exchange their assets into stable cryptocurrencies rather than stick with existing coins. This is a very strange thing in my opinion because if he had known there would be another bullrun at the end of this year, he should have stuck with the existing assets if he couldn't afford to buy more.
For now there is small disturbance in the market. Large scale holders will try to make some manipulation and book the profit. The market that is to be turning good, could soon drop down. This is how the predictions are coming. So, it is the time period where we need to be very cautious or should have the patience to hold. In the upcoming months FED could slower the interest rate even if inflation doesn't show signs of improvement. This could make some confusion in the market.
Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market.
So far, there have been a lot of positive things happening around crypto and Bitcoin in different countries. That should be a driver for the price of Bitcoin and other cryptocurrencies in the market, but I don't see much of an effect from that for the market and Bitcoin. Plus it's like you said where nothing good is happening for crypto and Bitcoin right now, so the impetus for the price isn't very noticeable, except for the traders who fill the daily routine in the market.maybe the big and good news that happened in some countries doesn't seem to make the situation any better, because this crisis clearly makes many countries have to tighten their spending in order to get past this problem.
hopefully with the help of the world bank will push many countries to get through the crisis and will spark a new passion of the crypto market.
Get used to into something like this where market could potentially be that silent specially on consolidation or sideways movement where everything do really looks plain and simple.
Honestly, this is the best time on taking or making your position considering that every coins value or price is low which it would be an ideal entry point but since people
been still looking for possible lowest price then that would really be making out hindrance on possible decisions to be made.
Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market.
So far, there have been a lot of positive things happening around crypto and Bitcoin in different countries. That should be a driver for the price of Bitcoin and other cryptocurrencies in the market, but I don't see much of an effect from that for the market and Bitcoin. Plus it's like you said where nothing good is happening for crypto and Bitcoin right now, so the impetus for the price isn't very noticeable, except for the traders who fill the daily routine in the market.maybe the big and good news that happened in some countries doesn't seem to make the situation any better, because this crisis clearly makes many countries have to tighten their spending in order to get past this problem.
hopefully with the help of the world bank will push many countries to get through the crisis and will spark a new passion of the crypto market.
Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market.
So far, there have been a lot of positive things happening around crypto and Bitcoin in different countries. That should be a driver for the price of Bitcoin and other cryptocurrencies in the market, but I don't see much of an effect from that for the market and Bitcoin. Plus it's like you said where nothing good is happening for crypto and Bitcoin right now, so the impetus for the price isn't very noticeable, except for the traders who fill the daily routine in the market. 
I think one of the reasons why it is quiet is that very large margin transactions are taken.
That's why there are some sharp movements with the announced data. With the last rise, this silence was slightly broken upwards. I don't know if it will continue, but I think most people didn't think this rise would come.
Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market.That's why there are some sharp movements with the announced data. With the last rise, this silence was slightly broken upwards. I don't know if it will continue, but I think most people didn't think this rise would come.
That's call cycle, and currently we are in a bear market so the price not just bitcoin is going down very hard. And even if there is some good news around, or even some movement in the last couple of days, still it is very volatile and we might say that it will go back to trading sideways again. Call it silent or boring, this is just calm before the storm. Bitcoin halving is still very far though, so just need to be mentally prepared in this bear market and look at the bright side like buying because bitcoin is cheap.
I think one of the reasons why it is quiet is that very large margin transactions are taken.
That's why there are some sharp movements with the announced data. With the last rise, this silence was slightly broken upwards. I don't know if it will continue, but I think most people didn't think this rise would come.
Market used to settle down after a massive growth. I see it in that way. The price reached the peak and the same is settling down, so that the next push will happen. In between market fluctuations moving within specific barriers is common market movement that happens out of the events that takes place connective to the cryptomarket. For now there is no big event happening. Even something positive isn't making big change in the market. That's why there are some sharp movements with the announced data. With the last rise, this silence was slightly broken upwards. I don't know if it will continue, but I think most people didn't think this rise would come.
I think it is necessary to explain why people get into cryptocurrency, and then some users will sell out of panic or confusion. The decline we are seeing today may be temporary, but it may also be the start of a new downward trend. Only time will tell.
The best solution is to join a bear market and wait if you have the ability to wait.
Don't wait too long if you have the opportunity to buy more in a downturn, because you can lose the opportunity to buy at the lowest price when you wait too much and don't make a decision to move in a bear condition. Now that Bitcoin has had a slight price fix, so have several other cryptocurrencies on the market. And that is actually a boon for those who have bought Bitcoin and other cryptocurrencies at their lowest prices in the past few days. The best solution is to join a bear market and wait if you have the ability to wait.
I think it is necessary to explain why people get into cryptocurrency, and then some users will sell out of panic or confusion. The decline we are seeing today may be temporary, but it may also be the start of a new downward trend. Only time will tell.
The best solution is to join a bear market and wait if you have the ability to wait.
The best solution is to join a bear market and wait if you have the ability to wait.
Many people think that cryptocurrencies are high privacy, anyone will not be able to detect wallet owners, this is the advantage of safe, and anonymous cryptocurrencies, and anonymous, with anonymity will certainly make the owner never worry about their identity.
Not sure what you really meant by this? we all know the at least for bitcoin wallet, we only have addresses and it doesn't have any names attached to it.
Cause this is bear market. Crypto market have uptrend and downtrend which will come respectively. Because of most of crypto were heavily overpriced, bear is here to make the market clean again. Although its staying longer than expectation but there's no hard & fast rule about how long It'll be continue. after year of 2017, bear market stayed more then three years and creating frustrated situation. Still don't know when uptrend will start again but optimistic, soon.
That is what we call cycles in bitcoin market, and currently it run every 4 years because of the halving. So it we go by that argument, yes we are in a bear market that's why bitcoin and every other crypto is down. Investors are not pouring their money here. But after the halving, we might see the price going up and in the next couple of years we will a new all time high, it's just a question on what will it be this time.
Cause this is bear market. Crypto market have uptrend and downtrend which will come respectively. Because of most of crypto were heavily overpriced, bear is here to make the market clean again. Although its staying longer than expectation but there's no hard & fast rule about how long It'll be continue. after year of 2017, bear market stayed more then three years and creating frustrated situation. Still don't know when uptrend will start again but optimistic, soon.
Looking at Bitcoin's chart at the moment, it looks like the market shows downtrend. An analysis shows that Bitcoin experienced a major price drop during this period of 2018. Moreover, the Ukraine-Russia war is expanding. It doesn't seem to be any possibility to get green signal. Rather, if a nuclear war breaks out, Bitcoin is sure to take a massive dump. The overall situation is not good as inflation is also increasing at a high rate.
Of course if inflation occurs, then all stocks will go down, including Bitcoin. $19k is a very good price, and I think investors are still holding the price well so far. If nuclear war breaks out, of course Bitcoin or any investment is useless. We hope that doesn't happen. Because what is more important is not Bitcoin or any asset, but human life that must be considered.Although prices arent really that high or we did really be a bear market as of this moment but its still lucky that we've been holding on 19k price without having those bad huge drops but
we cant really make ourselves that confident considering that anything is possible or could really happen on crypto space.We cant really just
make ourselves that too hopeful and anticipating so that we wont really be ending up on frustration once the market do goes into the opposite side.
Looking at Bitcoin's chart at the moment, it looks like the market shows downtrend. An analysis shows that Bitcoin experienced a major price drop during this period of 2018. Moreover, the Ukraine-Russia war is expanding. It doesn't seem to be any possibility to get green signal. Rather, if a nuclear war breaks out, Bitcoin is sure to take a massive dump. The overall situation is not good as inflation is also increasing at a high rate.
Of course if inflation occurs, then all stocks will go down, including Bitcoin. $19k is a very good price, and I think investors are still holding the price well so far. If nuclear war breaks out, of course Bitcoin or any investment is useless. We hope that doesn't happen. Because what is more important is not Bitcoin or any asset, but human life that must be considered. Jump to: