ups and downs are common in the crypto world. the price of bitcoin has fallen several times before bouncing back. however, for now, I don't think that bitcoin will collapse.
Of course, the decrease in price won't make Bitcoin collapse. The current decrease is normal, it is a correction after the big increase several weeks ago. In my opinion, Bitcoin price is starting to increase gradually again. Look at the price of Bitcoin today, it is increasing from $56k to $58k, there is a positive move in Bitcoin price. In the next few days, I think the price will come back above $60k again.
Topic: Do you think crypto prices will collapse further tomorrow? - page 3. (Read 489 times)
Yesterday and today, the Bitcoin price and crypto prices in general moved rather sideways. However, it is now known that crypto prices behave similarly to stock prices. Since the futures for the S&P and other indices are currently trending much more negatively, it is feared that because of the new Corona variant, the stock markets will continue to slide tomorrow. Do you think that crypto prices will therefore also continue to lose tomorrow?
I don't think there is a direct correlation between the crypto market and the stock market. Most likely these are random coincidences and not a strict system. And the Corona does not affect this in any way. Yesterday and today, the Bitcoin price and crypto prices in general moved rather sideways. However, it is now known that crypto prices behave similarly to stock prices. Since the futures for the S&P and other indices are currently trending much more negatively, it is feared that because of the new Corona variant, the stock markets will continue to slide tomorrow. Do you think that crypto prices will therefore also continue to lose tomorrow?
In the world of investment, investors must be prepared to accept all the risks that arise.It's not just having fun when I'm on, but it must be able to smile when you have defeat with all the consequences.
Like traders who are ready with losses.
I have a good feeling if the price of cryptoqurrency in the next week will increase, in one week this is a good opportunity to buy. other than that the price of btc is still stable at $58k so there is still a chance that at the end of the year the price of btc will reach $70k
ups and downs are common in the crypto world. the price of bitcoin has fallen several times before bouncing back. however, for now, I don't think that bitcoin will collapse.
although the odds are still there, I might as well take advantage of that and buy some bitcoins. bitcoin had collapsed in 2013, and after that it grew again, and in 2018 the bitcoin price had collapsed, but returned again with a higher price.
So, I think if the price of bitcoin falls again, I think there will be people who go back to using it. well, this is the technology needed today.
Now that bitcoin has drop again its value, i really think that when it recovers, its value will be even more higher compared to the previous ATH. This is how bitcoin moves in the market, sometimes it goes down, but most of the time it moves upward. But it never crossed my mind that bitcoin will definitely collapse after today because what is happening today is just a normal price correction and any coin will be affected for sure. But just like those previous corrections, bitcoin and with solid altcoins always bound to recover and soon to reach another ATH again.although the odds are still there, I might as well take advantage of that and buy some bitcoins. bitcoin had collapsed in 2013, and after that it grew again, and in 2018 the bitcoin price had collapsed, but returned again with a higher price.
So, I think if the price of bitcoin falls again, I think there will be people who go back to using it. well, this is the technology needed today.
Agreed with @freedomgo, I don't know what will happen to the Altcoin market but if you have any investment in the Bitcoin market then I don't see any reason to worry about these small dumps. In this year, each time the correction occurred to the market, Bitcoin just recovered and broke the ATH with full energy. If you take a look, you will see that panic selling has come down a lot, which means that no one is afraid of these dumps anymore, everyone is in the long position of $100K.
Yesterday and today, the Bitcoin price and crypto prices in general moved rather sideways. However, it is now known that crypto prices behave similarly to stock prices. Since the futures for the S&P and other indices are currently trending much more negatively, it is feared that because of the new Corona variant, the stock markets will continue to slide tomorrow. Do you think that crypto prices will therefore also continue to lose tomorrow?
You've probably already noticed that the price of cryptocurrency has gone up, which means there is no reason to worry that the price will go down. As for the influence of stock market prices on the crypto market, the situation here may be different, but if you look at the whole situation in general, then we can assume that in December of this year the crypto market should enter another growth phase, but after there is a high probability of a prolonged fall in prices. But 100% no one can tell you what and how will happen to the prices of cryptocurrencies.
ups and downs are common in the crypto world. the price of bitcoin has fallen several times before bouncing back. however, for now, I don't think that bitcoin will collapse.
although the odds are still there, I might as well take advantage of that and buy some bitcoins. bitcoin had collapsed in 2013, and after that it grew again, and in 2018 the bitcoin price had collapsed, but returned again with a higher price.
So, I think if the price of bitcoin falls again, I think there will be people who go back to using it. well, this is the technology needed today.
That is exactly how the long term approach is and what I am doing. Prices could drop here and there which is understandable, nothing really shocking about that, but the reality is that we are talking about something that is very volatile and always goes up in the end.although the odds are still there, I might as well take advantage of that and buy some bitcoins. bitcoin had collapsed in 2013, and after that it grew again, and in 2018 the bitcoin price had collapsed, but returned again with a higher price.
So, I think if the price of bitcoin falls again, I think there will be people who go back to using it. well, this is the technology needed today.
So, why not focus on something that is a bit more possible and make a profit in the long run? I bought bitcoin at all those falls, unfortunately sold them all at the peak but if I kept them then I would have a lot more money right now, I just needed it for some stuff. I bought some more during march drop as well and I am doing fine right now. I hope to wait it out until I do not need money anymore, I really wish to get a lot richer compared to what I have right now and that could only happen if I take advantage of every fall crypto has and that way I could make a lot more profit.
Covid-19 has hurt us economically and people have resorted to digital currency to make up for it. Nowadays people have gained a lot of knowledge about cryptocurrency and started investing in it. So now Bitcoin has crossed $ 56k and other cryptocurrency volumes are rising. So, it is true that Bitcoin has broken all past records, so it is good for the cryptocurrency market. I think the cryptocurrency market will be in a better position in the future, whether Covid-19 or not.
ups and downs are common in the crypto world. the price of bitcoin has fallen several times before bouncing back. however, for now, I don't think that bitcoin will collapse.
although the odds are still there, I might as well take advantage of that and buy some bitcoins. bitcoin had collapsed in 2013, and after that it grew again, and in 2018 the bitcoin price had collapsed, but returned again with a higher price.
So, I think if the price of bitcoin falls again, I think there will be people who go back to using it. well, this is the technology needed today.
Now that bitcoin has drop again its value, i really think that when it recovers, its value will be even more higher compared to the previous ATH. This is how bitcoin moves in the market, sometimes it goes down, but most of the time it moves upward. But it never crossed my mind that bitcoin will definitely collapse after today because what is happening today is just a normal price correction and any coin will be affected for sure. But just like those previous corrections, bitcoin and with solid altcoins always bound to recover and soon to reach another ATH again. although the odds are still there, I might as well take advantage of that and buy some bitcoins. bitcoin had collapsed in 2013, and after that it grew again, and in 2018 the bitcoin price had collapsed, but returned again with a higher price.
So, I think if the price of bitcoin falls again, I think there will be people who go back to using it. well, this is the technology needed today.
ups and downs are common in the crypto world. the price of bitcoin has fallen several times before bouncing back. however, for now, I don't think that bitcoin will collapse.
although the odds are still there, I might as well take advantage of that and buy some bitcoins. bitcoin had collapsed in 2013, and after that it grew again, and in 2018 the bitcoin price had collapsed, but returned again with a higher price.
So, I think if the price of bitcoin falls again, I think there will be people who go back to using it. well, this is the technology needed today.
although the odds are still there, I might as well take advantage of that and buy some bitcoins. bitcoin had collapsed in 2013, and after that it grew again, and in 2018 the bitcoin price had collapsed, but returned again with a higher price.
So, I think if the price of bitcoin falls again, I think there will be people who go back to using it. well, this is the technology needed today.
no. somehow I think the stock market and crypto are not related. so the crypto market will not move like the stock market. At the start of the pandemic, the stock market also crashed. but not for the crypto market. the crypto market is benefiting from the pandemic, maybe that's one of the things that triggered yesterday's bullrun. so basically these two investments will not move in the same direction. so don't be afraid if you see a negative stock market, it will have no impact on the crypto market.
The stock market is really affected whenever there is virus or variants that are happening since there is a need to close boundaries that affects the economy of each country and mostly in stocks it is more due to the market status unlike in crypto that can be use in different countries and mostly happens online. Price in crypto can still be affected maybe in good way like what happen last year tan shifts in crypto or might be in bad ways depending on the hype or pulse of the traders if they will shift again their investment into crypto.
I don't think the new variant of corona virus will leave any negative impact on cryptocurrency market, the cryptocurrency market has been established very well compared to last few years and the most important thing the involvement of big players and companies indicates positive signs. Currently the market seems to me in decent condition although little bit correction may occur because it's a part of cryptocurrency market but it's not mean we should fall in panic and fake rumors and end up our investment and opportunities with loss.
Anything can happen, what we think is impossible today can become a reality tomorrow, for example are Nokia and RIM companies which when they were strong many people said they would be 100 years old companies or more but they died because of competition, one day there will be a system better transactions than cryptocurrencies thus making crypto worthless.
We've had the value of Bitcoin and several altcoin move downwards severally, but at the end of the day, they still find their way up. I'm personally still positive about the market and as long as bitcoin maintains its value above $50k, I believe we're still in the bull market. It would get much better because I see eth hitting a new ATH before the year ends.
no. somehow I think the stock market and crypto are not related. so the crypto market will not move like the stock market. At the start of the pandemic, the stock market also crashed. but not for the crypto market. the crypto market is benefiting from the pandemic, maybe that's one of the things that triggered yesterday's bullrun. so basically these two investments will not move in the same direction. so don't be afraid if you see a negative stock market, it will have no impact on the crypto market.
Of course, I am sure that the fall will eventually take on a diving value, because large players will fix profits in dollars, which in turn will panic in the market, and after fixing in dollars, they will start buying shares of leading companies, and stabilization will take place on the common stock market. , the law of conservation of money.
Yesterday and today, the Bitcoin price and crypto prices in general moved rather sideways. However, it is now known that crypto prices behave similarly to stock prices. Since the futures for the S&P and other indices are currently trending much more negatively, it is feared that because of the new Corona variant, the stock markets will continue to slide tomorrow. Do you think that crypto prices will therefore also continue to lose tomorrow?
I'm confused. Does stock and crypto prices behave similarly?
Because for me, I don't think so. Wondering where did I get my opinion. Well, during the pandemic, where stocks were going down, crypto and other new technologies started to be recognize, and therefore crypto and bitcoin prices increased. So I don't think bitcoin and other cryptos will be affected by the new covid variant going around. Because actually, I think this pandemic makes crypto much more popular than before. Therefore, crypto prices won't collapse anytime soon this year even us having a new covid variant.
I think we're different from stocks. We have our own trends. However, when it comes to new variants of stocks or cryptocurrencies all will be affected. But, the news of cryptocurrencies will fall I heard a week ago if near the end of the year to the beginning of the year crypto prices will tend to fall. I just hope this decline isn't as severe as in 2018.
Its happening gradually actually , even some sites such coinmarketcap telling that the market is up by how many percent but unfortunately despite some alts still red and keep fluctuating after showing an up trend.. If this will continue for sure most of the crypto will keep bleeding again for how many days or weeks unless market didn't show a good sign. Bearish is showing a sign to be honest.. So let's be prepared..
Yesterday and today, the Bitcoin price and crypto prices in general moved rather sideways. However, it is now known that crypto prices behave similarly to stock prices. Since the futures for the S&P and other indices are currently trending much more negatively, it is feared that because of the new Corona variant, the stock markets will continue to slide tomorrow. Do you think that crypto prices will therefore also continue to lose tomorrow?
wouldn't it be that if there was a new variant of corona some assets would be stored in crypto as was the security and trend of the previous corona ,the price might skyrocket ! it is very risky to put in some other stocks which will make centralized performance out of control and cause bankruptcy there is no real work because of the new variant corona ! but it could be that the price continue to lose because some people want to use money it at christmas and new year but it's still a long time about 20 more days Jump to: