Topic: Cryptocurrency is silent why? - page 7. (Read 1242 times)
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.
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.
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.
For some months, cryptocurrency is in a down falling trend which is the main cause.
This is a healthy trend actually because we can't expect Bitcoin or the whole cryptomarket to always pump, there should be a correction in order to see good projects who are able to survive the biggest drop. Dumping is not a silent trend, it's a big message to us that we should start accumulating, a great indication of a good market. Choose you best crypto now and you will see, all your sacrifices during this bear market will worth it.
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.
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.
The reason is because shitcoins are following Bitcoin price, Bitcoin currently on bear market because anyone tend to believe about the super cycle and western economy are suffering of high inflation, this make people doesn't have enough money to invest.
Actually a good altcoins wouldn't following Bitcoin price since each coins had different purpose, events, etc. Why does it's stick with Bitcoin price? that's just making the whole altcoins space has no fundamental and doesn't worth to invest.
Actually a good altcoins wouldn't following Bitcoin price since each coins had different purpose, events, etc. Why does it's stick with Bitcoin price? that's just making the whole altcoins space has no fundamental and doesn't worth to invest.
For some months, cryptocurrency is in a down falling trend which is the main cause.
This is expected during the time leading to bull. The market don't give you what you want to be served immediately. The market is at this time like an example of a bad waiter trying to clean up all the mess on the table before taking your order. So what do you have to do at such time especially if you like the delicacy from the restaurant? To wait for the time the waiter comes to take your order. Now there are many traders and hodlers waiting to get in but the market not giving in just yet because of some clean up and correction.
Indeed needed. However one downfall really affects majority. Cant really washout those shitcoin easily especially if they are just jumping from project to project. What really needed to monitor here is the btc movement cause its decide the overall sentiment of all cryptocurrencies.
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.
A well needed market cleansing. There's still so much heavily overpriced crap in the cryptocurrency markets in general that we deserve a bigger downtrend.
Indeed needed. However one downfall really affects majority. Cant really washout those shitcoin easily especially if they are just jumping from project to project. What really needed to monitor here is the btc movement cause its decide the overall sentiment of all cryptocurrencies.
A well needed market cleansing. There's still so much heavily overpriced crap in the cryptocurrency markets in general that we deserve a bigger downtrend.
For some months, cryptocurrency is in a down falling trend which is the main cause.
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