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Topic: Cryptocurrency is silent why? - page 5. (Read 1298 times)

legendary
Activity: 2576
Merit: 1043
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September 29, 2022, 10:21:17 PM
#50
Bear market = time where people are silent because either they are at a loss, or they aren't investing at all and that's the reason why crypto is silent.
Bull market = time where people are very noisy. People are saying buy this and buy that on social media because everything is rising.

Crypto being silent is always a good sign to accumulate. Being a contrarian really helps as an investor because your chances of losing money is higher whenever you are doing what most of the people are doing. It's not only crypto I guess but all of the market. Right now, cryptocurrency being silent is either projects are silently developing and upgrading their project, or more projects running away and doing rug pull.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
September 29, 2022, 09:27:37 PM
#49
Silence seems to be a good thing at the moment. With basically all global assets melting down and currencies seeing multi-decade lows against the dollar, it’s pretty amazing that Bitcoin is holding its price at all. I think the fact it isn’t melting down at this time speaks pretty loudly. I would expect Bitcoin to be around $16K right now on its way to $12K.
sr. member
Activity: 2506
Merit: 368
September 29, 2022, 05:59:35 PM
#48
For some months, cryptocurrency is in a down falling trend which is the main cause.
Bitcoin is currently staying at all-time low price . When this situation worsens, naturally there is stagnation seen in the cryptoworld. But this situation is very common in crypto or trading platforms. Today is bearish, maybe in the future it will be in a better position. Success will come only if you accept it naturally.
I think almost everyone accepted it already that Bitcoin was in bearish trend after the bull run but that doesn't mean it will stay this long. Bitcoin market has its own cycle of market changes but I wonder why the economy was struggling too, or perhaps the economy was the cause why Bitcoin market is in the downtrend?

What's the best we could do with our BTC is to HODL and never get tempted to sell since it's accumulation phase not selling.
sr. member
Activity: 2828
Merit: 344
win lambo...
September 29, 2022, 05:43:09 PM
#47
There's not that much development and there's not that many innovations that are causing a huge stir so it's a good answer to why the market is silent right now. It's a good thing actually, people are longing and it's kind of an eases the stress of constantly watching if there's a movement in the market.
Price really matters here for sure because even how much development or innovations or any fundamental news will arrive but the price is getting rekt or devastated some people will lose interest, which a very red flag for me. If they really support cryptocurrency, they will become consistent and stay no matter what. These people for sure are only here for money which we can't blame them.
And that is because not all are willing to stay during the crisis, what just they need is to earn money every day which is somewhat different during the bear market. Therefore, we can't really expect that all investors will remain in crypto nor keep talking about it but sometimes they have to be silent.
Well, it was just this time they are out of crypto but when the bull season comes, they will be rushing again. That is how practical we are today and most of these investors never have to stay longer times.
hero member
Activity: 1400
Merit: 623
September 29, 2022, 08:20:50 AM
#46
For some months, cryptocurrency is in a down falling trend which is the main cause.


Bad trends are likely to occur throughout the year 2022, even many Top influencers on Twitter are sure the price of Bitcoin will continue to correction until it falls under $ 15K, this is what the Pope awaits to buy all stocks in the market and will make the market skyrocketed again.

Anyone who believes on influencers surely don’t know what they are doing. Influencers is just making there opinion based on the current trend as well as there personal interest with there own holdings. Influencers is now doing short position and trying to FUD the market just to mind control blind followers.

Influencers is the most bullshit things in crypto that destroy the crypto market for there own gain. People should learn to trade and analyze for there own sake rather than listening to there bias opinion.
legendary
Activity: 2506
Merit: 1394
September 29, 2022, 03:51:40 AM
#45
There's not that much development and there's not that many innovations that are causing a huge stir so it's a good answer to why the market is silent right now. It's a good thing actually, people are longing and it's kind of an eases the stress of constantly watching if there's a movement in the market.
Price really matters here for sure because even how much development or innovations or any fundamental news will arrive but the price is getting rekt or devastated some people will lose interest, which a very red flag for me. If they really support cryptocurrency, they will become consistent and stay no matter what. These people for sure are only here for money which we can't blame them.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
September 29, 2022, 01:37:35 AM
#44
I believe the unexpected is about to unfold in the crypto space, their main trend is still bearish. But anything could begin to happen as buyers are piling up for Bitcoin from around $18500 down to $17625 (June low), which might be instrumental to the reversal of cryptocurrencies. What is responsible for the recent sluggishness and indecisiveness in crypto is the oversold condition in the longer-term view. They are tired and want to buy amidst the general bearish trend. This is causing conflicts of interest but might remains with a few adjustments until the much-expected halving causes a major bullish run in 2024.
legendary
Activity: 2254
Merit: 1377
Fully Regulated Crypto Casino
September 29, 2022, 12:54:00 AM
#43
I'd say we needed a cleansing with BTC as well. While I'm obviously still long term bullish, we had a lot of delusional moonboys (as we always do) near the peak of the bull market. We need to wipe out all those crappy crypto YouTubers and influencers first as well.
I dont think they(Youtubers) can be wiped out that easy.  For sure they are gonna stay whatever happened in the market. They already earned more funds during the bear market and due to their greediness they will come back for more gains so buying those dips are their target. Moonboy always post and shill projects that they are heavily bought.
legendary
Activity: 2338
Merit: 1124
September 29, 2022, 12:16:05 AM
#42
As we can see, it is not actually a down falling trend that the cryptocurrency market is having. It is more of a sideway trend. We have been seeing Bitcoin rising and falling within the $18,000 to $21,000 range. Sometimes it goes above $21,000 but it is very temporary and the price would shortly go back within the range. This isn't silence however. The market has been growing in terms of adoption. It's just that the market is in for some boring days and weeks.
People can't see how it is totally a sideways thing because we haven't been over 23k and under 18k for a long time, which means that price has been stuck between 5k difference for many many months now and that's something I can totally understand. Maybe we are overreacting to the current low price, and people can't see that unfortunately.

Just realize that it's a normal thing to see it happen this way, and that doesn't mean that we should be happy about it neither but we shouldn't be this upset about "low" prices because we have been here for a long time. If you put 10% of all your income during the last 8 months, you would have something much better right now, but people acted too afraid about it.
sr. member
Activity: 1638
Merit: 255
September 28, 2022, 09:26:30 PM
#41
For some months, cryptocurrency is in a down falling trend which is the main cause.
you should understand that even the world economy is down falling so why would cryptocurrency go ahead of those?
there are so much pain happening in the world these days and I believe that this is same reason why crypto is also in downtrend.
but no matter how down the market ? expect the increase in the coming months or years so keep Holding and just keep your eyes close for now.

This year many bad things happened, such as higher inflation, wars, and prices of basic necessities continued to rise. Finally, making the world
economy experience a decline, which is not accompanied by an increase in income, finally people are more careful spending their money and
prioritize buying basic necessities. So that is one of the reasons why the crypto market has decreased, because there are fewer people investing
in crypto today. Many people have their economy down so they can't allocate funds for investing in crypto. If the situation is like this, there really
isn't much that can be done other than trying to find a side job to be able to provide additional income, then we also don't need to panic to see our
crypto asset estimates decrease. As long as we can be patient holding our coins, and don't sell it at a low price, we still have the hope of making
a profit in the future. The most important thing is that we are holding potential coins, because the potential coins will definitely recover and the price
will rise again.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
September 28, 2022, 09:01:37 PM
#40
For some months, cryptocurrency is in a down falling trend which is the main cause.
you should understand that even the world economy is down falling so why would cryptocurrency go ahead of those?
there are so much pain happening in the world these days and I believe that this is same reason why crypto is also in downtrend.
but no matter how down the market ? expect the increase in the coming months or years so keep Holding and just keep your eyes close for now.
legendary
Activity: 2576
Merit: 1655
September 28, 2022, 06:21:43 PM
#39
As we can see, it is not actually a down falling trend that the cryptocurrency market is having. It is more of a sideway trend. We have been seeing Bitcoin rising and falling within the $18,000 to $21,000 range. Sometimes it goes above $21,000 but it is very temporary and the price would shortly go back within the range. This isn't silence however. The market has been growing in terms of adoption. It's just that the market is in for some boring days and weeks.

Yes, but perhaps a good baseline is the All time high we had last year and now we are ranging from $18k-$22k. And with that, there is not much money flowing in the market, and there could be a lot of sellers. But for bitcoin market, we all know that is is just temporary. But for those who see altcoin as something to be like a get rich scheme? this year could be a disaster for them. And probably regretting their decisions on investing on meme coin. And it's not that we can't take advantage of the downturn, we can, just buy and even better is to do DCA and invest on bitcoin because of the cheap price.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
September 28, 2022, 03:40:16 PM
#38
For some months, cryptocurrency is in a down falling trend which is the main cause.
cryptocurrencies are not silent, but we are in a bearish season, this is a natural thing in cryptocurrencies,
not even just crypto, Gold, Commodities, Forex, and stocks are also experiencing this,
so we have to be optimistic that cryptocurrencies will shine again and good news will come again.
If you've been just new into this market then you would definitely be saying that this market isnt really making huge movement on where you are expecting on but if you've been here
for some couple of years then these kind of condition and situation is something really that normal.You should not make yourself freak out just because you are seeing low volatile
percentage movement.Whenever the market do make out that significant move then you might really make yourself panic since you arent get used to this.
This is the difference in between to those experienced and non-experienced ones.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
September 28, 2022, 03:24:55 PM
#37
The main cause is, it is a normal trend. We came last 2 years with a long bull run so, it is necessary for the market and bitcoin to go through this cycle.

Next years will be back again in the bull run. Regardless if the world economy will be good or bad, it is going to be better soon as what the cycles have been.

Yes, this is simply a trend that the market has to go through. Although many people say that due to war, economic crisis leads to market crash, that is true but not entirely true. Many people have started to believe that this year we will enter a bear market after we hit ATH last November, which means this was predicted before war or inflation started.

OP should review the history of the market and the cycles the market has gone through in the past, you will understand where we are and when this silence will end. A falling market is not necessarily a bad sign if you really understand how it works.
The 2021 was one of the greatest bull runs and that's what many have been thinking on how long shall it stay as the bear market would likely to take over when it's done.

When the market falls, many becomes discouraged and worried about it but it's true that it's not a bad sign but a sign of people should get onboard before another bull run comes.

Quote
Next years will be back again in the bull run. Regardless if the world economy will be good or bad, it is going to be better soon as what the cycles have been.
What are we expecting next year? is there something specially in 2023? because what I do believe is that the halving will happen in 2024-25 in which the expected time for bullying again?

please tell me if I missed something about the cycle .
It's generalization of what I've said mate, next years. I do believe of the same about the halving and that's why I've just generalized about the coming next years.
hero member
Activity: 966
Merit: 588
September 28, 2022, 01:17:19 PM
#36
Bitcoin and cryptocurrency currently in a bear market does not mean that the crypto industry is silent, Just because you don't hear the bubble news on crypto Twitter and crypto YouTube and that seem silent to you. It could seem silent to you but not silent for everybody,  people make money either ways up or down.
Wise investors are busy accumulating Bitcoin and Building there portfolio and you are thinking that the market is silent. For me not silent to me because I still do what I do during both bull and bear market (basically I trade Bitcoin to get more Bitcoin up or down)
full member
Activity: 518
Merit: 100
September 28, 2022, 12:55:17 PM
#35
For some months, cryptocurrency is in a down falling trend which is the main cause.
cryptocurrencies are not silent, but we are in a bearish season, this is a natural thing in cryptocurrencies,
not even just crypto, Gold, Commodities, Forex, and stocks are also experiencing this,
so we have to be optimistic that cryptocurrencies will shine again and good news will come again.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
September 28, 2022, 11:05:25 AM
#34
For some months, cryptocurrency is in a down falling trend which is the main cause.
Bitcoin is currently staying at all-time low price . When this situation worsens, naturally there is stagnation seen in the cryptoworld. But this situation is very common in crypto or trading platforms. Today is bearish, maybe in the future it will be in a better position. Success will come only if you accept it naturally.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
September 28, 2022, 09:10:20 AM
#33
For some months, cryptocurrency is in a down falling trend which is the main cause.
They are down but not silent. Can't you see the daily news and the threads in this forum? It's an indication that cryptos remains to be lively despite of their negative situation. There are lots of causes for their fall but the main cause of it would be the bear season.

The ensuing silence is expected because it characterizes the bear moment. We've witnessed this over time. Whenever the market bulls, there's always a hell of noise and when it bears there's an intimidating level of silence. November is just around the corner. It's one of the months I know the market gets favoured with a rally. Hopefully, this year's won't be an exception.
People are noisy because they are happy but who wouldn't be when you will now harvest the fruits of your labour? They are celebrating because they survive those hard times. I think those who got silenced during the bear are leaving temporarily because they can't accept it seeing the market declines more while there are who are noisy because they complain about their losses and they always speculate about the recovery.
sr. member
Activity: 2380
Merit: 366
September 28, 2022, 07:24:28 AM
#32
As we can see, it is not actually a down falling trend that the cryptocurrency market is having. It is more of a sideway trend. We have been seeing Bitcoin rising and falling within the $18,000 to $21,000 range. Sometimes it goes above $21,000 but it is very temporary and the price would shortly go back within the range. This isn't silence however. The market has been growing in terms of adoption. It's just that the market is in for some boring days and weeks.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
September 28, 2022, 07:17:34 AM
#31
For some months, cryptocurrency is in a down falling trend which is the main cause.
Being at a bottom point or downtrend doesn't mean crypto can't strengthen again later because it takes time to answer.
If you understand that we are still given time to join and buy coins that can increase, we can start buying them now and keep them until the price can increase again.
Maybe this condition will continue because there are no signs that this bear market will end.
For that, you have to be prepared by having a lot of potential coins that can increase so that the time comes suddenly, you are ready to take huge profits.
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