Topic: Dump market potential? - page 7. (Read 1145 times)

If based on macro factors such as the world economic situation, what you say is completely correct, because as long as people still face many difficulties in life, few people will care to invest. That means there will be no new money flowing into the market, and there won't be a bull season. But the cryptocurrency market is heavily manipulated, so it's hard to say anything. Maybe market makers will push the market up and from there people will be curious and greedy to participate in the market with the thought of making money to overcome difficult economic times. When people are in trouble, their greed is at its highest, so market makers will take advantage of that. That scenario is also possible.

I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.

Bitcoin has been around for a long time and has carved out a place for itself in the financial system. Regarding how to hold Bitcoin if this condition comes, it is up to each of us because considering the reminders on world markets and the situation in various countries where there is conflict, the intensity of calm is getting higher.

You have to be careful in looking at market expectations, and that applies not only to other investors too. No. Regarding the prospects for crypto technology and Blockchain technology in the future, it may increase more sharply when political and economic issues develop and prices will continue to stimulate.

The price of Bitcoin could rise well into 2024 when the ETF deal is completed and the Bitcoin halving occurs. When the halving started in the Bitcoin market, it encouraged the growth of the Bitcoin market and led to a strong bull run in the market. After the halving cycle there is no doubt that the Bitcoin market will go higher and people are waiting to see this wonderful market. When the Bitcoin market is in a cycle we can definitely understand that Bitcoin will be affected and the price of Bitcoin will increase significantly. Moreover, we have seen the bitcoin market have been in a very bad position in the past and we have overcome this volatility and bitcoin has not been in that position but has moved higher. Moreover, no matter how bad we are in the market, we can certainly expect that at some point the Bitcoin price will meet the bulls and the bad times will be over. So you don't feel volatility, rather hold on to your FUD and don't worry if it's bearish, bulls will come next.

I had thought about this but I didn't take it seriously as such I dismissed it as mere imagination. Now I have seen someone have same imagination, that means it might come to pass. I imagined a situation where some countries whose currencies are weak refusing to have the dollar as their reserve and make bitcoin a legal tender just like the case of El Salvador and Centre Africa.

But then, my first tip of the way bitcoin will hit global adoption is through AI, Robotics and permissionless payment. This will be needed when many systems are automated.

---

As of what OP is discussing, no world war will happen and the Palestinian wave can only cause a temporary dump.

Right now for me the safest of all investments is bitcoin, they can say that gold is good to be safe, but I am one of those who like risks more and I can say that things are much better when they are carried In that way, then based on everything that can be done to achieve a better result, I believe that things in Bitcoin are safe, some may say that it is necessary to buy other things, real estate, investors are the ones who manage their money ca Your whim, it's your money, it's normal, but as a good intelligent investor I always take advantage of the best opportunities, as soon as it goes down a little you have to buy.

The tension is increasing, which can cause instability in the global economy. Many countries are already facing economic crises, and I think you are right about bitcoin's being the common ground for investors. If war escalates on a global scale then the stock, forex and real estate markets can crash. Crypto will also face some downsides, but this can be taken positively by investors as bitcoins have been deflationary in price all these years.

Talk about chaotic, I've just read some statistics for my country and there's growing number of suicides and we had a lot of murderers in the recent months. Literally every week I read that some guy killed his mother or a man killed his wife... I don't remember it being like this last year, or 2 years back. People are going crazy, literally.
Compare the world we live in today with 2010-2019. Now we have multiple ongoing wars, increasing food prices, housing market going crazy, US FED not knowing how to deal with inflation and on top of it all we'll soon be starting our 3rd year of bitcoin bear market

IMO there's not much to dump from. Last year bitcoin went below the low border of the band it used to be in for the last 10 years. Many people don't realize it but we had the worst bear market ever, but people think in wasn't that bad because the price was higher than in previous bear markets, but we also made the least gains in bull market in bitcoins history, so a 70% decline from 350% gain is like nothing when you compare it to an 80% decline from a 2000% gain in 2017. IMO people are immune to pain after enduring it for 2 years. If Bitcoin started falling to 20k they'd be buying, not selling, so I say there's not much decline head of us, if any, before we at the very least attack 60k again.

I would guess that it is not going to impact it in a bad way to be fair, because war is a bad thing and when that happens people are doing terrible financially, and governments need to print money to make it keep going and when they do that inflation rises and when that rises the price of bitcoin rises with it. That's as simple as we can see the situation in right now and I am guessing that war is not bad for bitcoin, it is bad for all of us.

Just because price of bitcoin goes up doesn't mean that it will be a good world, it would be a terrible world to live in where people are booming other humans, killing children all around the world, so I hope this doesn't grow bigger and ends up being something short term and ends very soon.

Otherwise life will get worse, all those world war three type of scary thoughts are really not that good and we need to find a way to pressure the leaders to make it stop, I know that it is not going to be easy but I hope it does.

If you have been involved in bitcoin investment for a long time then I am sure there is confidence regarding bitcoin even though there is a sharp decline caused by several current events. Bitcoin can always run in negative or positive conditions caused by certain circumstances, but when the cycle runs properly, things will get better. In the end we will forget the bad events that could bring bitcoin to its lowest price position. Fear are something natural because we invest using money and if many people understand the movement patterns of bitcoin in the market then they are used to dealing with this and some people who already understand how bitcoin works will continue to remain calm waiting for recovery.

In fact they will continue to collect bitcoin to make it one of their best assets to store. An important lesson that we need to understand, bitcoin will continue to be in a state of decline and recovery and that is not something to worry about because we are already in a decade where history can see its journey. Calmness will be the key to success in investing in bitcoin and it's useless to talk about bitcoin if we don't know its journey so far.

This kind of thing needs to be a study, especially for those of us who are included in the world of finance and investment in assets that have a high sensitivity with a global crisis.

The mechanism is indeed not directly affected to Bitcon, and yes you mention it correctly that Bitcoin is influenced by inflation and recession for its movement, but it needs to be a concern if the conflict extends and many countries take part in one conflict that may have a prohibition on trade with the country Countries that have cooperation in international trade unions such as punishment to Russia, of course, if this happens will result in a crisis that could have an impact on being a global recession.
And there is the point of the dilemma that I experienced, which thought of the impact of Ukraine-Russia and Palestine-Israel, which might spread after seeing the attitudes of various countries towards the conflict that occurred.

It should be clear to us that whenever we experience a dump market season just like the one we are into currently, we are placed with a serious opportunity to accumulate bitcoin and hodl, you can't imagine if althrough have been bull market, how are we going to experience a rise in the number of intending investors to find a suitable rate of coming in when the market never fall, the more we sell the higher the investors we have who are holders and more the bitcoin market cap increases as well as it demands, which will also encourage a rise in bitcoin price.

Respond to conflicts this big? I don't think we can do that. All we can do is either stick to investing in Bitcoin more and expect the value to grow even in a bad economy or cash it out, take the rest, and invest with something else that we think will be more valuable in times of war. But, the question of "Where?" comes out. You said it, it's not just the Bitcoin market that will feel the impact of the recent conflicts that are happening all over the world so there's no escape pod to our investment on where we could put it. Some do say it will be gold who will have the power which I think could be true although it will take time. But what if the same goes with Bitcoin which only needs the patience to feel the profits coming in as it enters the realm of ETF and then the halving?
All we can do now is speculate but there's no one who can predict the future, especially in the investment and financial industry. It could be different and we are just being pessimistic in this early adoption of cryptocurrencies.

The world has been chaotic ever since 2020 when the pandemic started and it has only gotten more chaotic. It is the characteristics of a changing World Order so it is good to speculate about these things and be cautious about what you do, financially speaking.

As for bitcoin, I don't think it is directly affected by conflict or chaos. Instead bitcoin price is affected by inflation and recession that is affected by many things including the conflicts. The inflation effect is positive while recession is negative, as we learned from the past couple of years (the biggest dumps occurred because of the past 2 recessions).

If one has grown a thicker skin, then there's no need of listening to some of this fear of missing out, all these are nothing but side distractions which are always aimed at newbies, an experienced user shouldn't get moved even when there's a prolonged dip because they understand what is coming after such, we all know how the internet can be full of misleading informations, but one thing should always be remembered concerning bitcoin which is consistency, as long as one is not an altcoins investor, there shouldn't be any reason to fear whatever season the crypto market is.

You are right that war and pandemic will not have the same impact on markets. They're two very different things. The negative impact of war on the market is always greater. Governments are limited in what they can intervene. During the pandemic, they distributed money to the public at affordable interest rates and the market relaxed. This is just an example of what is done, but what can be done in a war situation is very limited.

I also think Bitcoin's 4-year cycle may be delayed this bull season. We cannot enter the bull season while the market is at war and many things remain uncertain.

If we experience the longest bear season in Bitcoin, it means we will have more opportunities for accumulation. Bitcoin has long provided investment opportunities and will continue to do so. I believe that the bull season will come and we should increase our investment amount by this time.

That "boredom" part where it doesn't go up but it doesn't go down neither is the perfect spot to buy more bitcoin and a lot of people miss that part. I think it's crucially important that people end up buying during the stable periods so that they could profit when it goes higher, and yes I understand that not everyone does that but they should seriously consider it.

I may not be involved with any sellers and do not know why they are selling, but I do not think that any seller would have a good reason to sell right now, if they hold some more they would make more money, the only logical reason would be paying for something that they have to pay for an urgent expense. All in all crypto prices looking good and should be starting a bull run.

If evaluated fairly, it is clear that bitcoin is still considered a risky asset by the world rather than a safe haven. So, thinking that BTC is not affected by war or the world economy is not true at all.

I also think like you, bitcoin price will improve when the general world situation becomes more stable, but if the unstable situation continues, worse things will happen to bitcoin. However, there are still cases where bitcoin still increases in price and ignores the world economic situation unless manipulation occurs. I still think that the market is manipulated more than based on supply and demand, so if bitcoin prices increase while the economy is in crisis, it will be manipulated by sharks and market makers.

Well, that's right, as usual macroecomy will definitely affect fluctuations in the price of bitcoin which is pastiny will significantly affect Bitcoin, but yes I have a new view that maybe Bitcoin will experience a bullish market delay if the conflict that occurs extends and involves many countries Although today we can conclude that the probability of the widespread conflict is still very small and will not affect Bitcoin but like investors who have caution views will certainly be more aware of conflicts that have the potential to cause crisis.

With the meaning if the conflict occurs the most likely is that we are required to hold Bitcoin longer for Bitcoin cycle investors, but take it easy I still believe that Bitcoin will definitely return to the way, like the previous cycles.

This is why patience pays off, and the exciting part comes later.

It's still in the accumulation phase. I'm ready for a bit of boredom because I'm quite convinced that the bull market will happen later. Those who are still thinking in bear market terms might miss out. Sentiment plays a significant role, and all of this can impact the bull market. It's possible that we might experience the longest bear market in Bitcoin's history.