How certain are you that cryptocurrency will experience more parabolic bull runs - page 2.

youdacapt

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?

First thing first, it is not right for anyone to suggest that certainty exists in crypto currency. No, theres nothing like certainty; this is why like other investments it is a monetary risk. The word that should be used for crypto currency market is probability. This is why every trader focuses on these and choose trades that has the highest probability to grant them win/profit "with respect to btc movement"

goaldigger

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?

Recovery will take effect soon, I’m confident for this because this kind of scenario happened already and most probably, we will rise stronger and this is a good opportunity to accumulate. There’s no certainty here in the market, anything can happen and its all about your risk tolerance, if you can handle to hold more good coins then so be it. We all have different investment strategy here, focus on your own and follow your plan accordingly.

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?

Well you cannot predict the price in crypto but one thing that I can assure, there will be always a bull run come and it was proven and tested so many times. This question has been raised so many times here, that a lot of people keep asking whether is time to invest, is there a chance to recover back the market price, and so on, so forth.
If you correctly remember, last year we hit the 2 ATH in that year and I think it will happen again in the future. I think you must believe it and hold as long as you can.

Rruchi man

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

Are you confident that cryptocurrency will recover, and when do you think that will happen?

At the start of the year, many predicted the value of BTC to get to about 80K and above... but the recent state of the market has made many persons begin to doubt if what was predicted can still happen. The bear market was very unexpected, likewise so the bull will be. I am confident because, just as series of news affected the market and caused the bear, so will series of news reinstate confidence back and cause the market to bull. We can't tell when exactly it will happen, but real soon it is expected, what we can do is hodl and continue to watch the market.

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?

The recovery will always happen, but no one knows for sure about the time. So for that, you only need to have crypto that has great potential to grow and survive in a bear market. Because every decline that occurs will not guarantee that all altcoins can return to chasing their bull prices.

tranthidung

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Your question is too broad as it refers to cryptocurrency. There are thousands of cryptocurrency and not all of them will be able to survive after a bear market. Dead projects will not have a new parabolic curve. Only good and strong projects will recover from bear market, reclaim its all time high and start a new parabola ride to make new all time high.

Bitcoin, Ethereum, BNB will have new parabolic curves in 2024 or 2025. Other coins, I don't know.

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?

It always has been risky and any type of investment has its own risk. I'm certain that it will recover, we just have cloud of thoughts when the market isn't really bullish and that's expected for people to doubt and its recovery will always be not certain on when.

so98nn

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Parabolic bull run is long term vision, it wont happen all of sudden. So I am more towards its wavy nature of bear and bull so that I can easily profit from my holdings. You know I can have easy entries and exits at multiple times to gain lower average for BEP.

However, I am confident enough to say that parabolic version isn’t impossible for the asset like bitcoin which rose from scratch to multi thousand dollars in short span of time.

Bhig Daddy

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Well for your first question I will say cryptocurrency is risky but bitcoin is saver, life itself is all about risk you know. And for your second question there is going to be a comeback in the cryptocurrency, it will recover. All we need to do is be patient and wait.

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?

Of course, Cryptocurrency prices will always recover, But WHEN?, this is what nobody knows, prices of cryptocurrencies are highly unpredictable and as such, it is near impossible to say when prices will dump or rise, take 2021 as an example, everyone, even experts believed that Bitcoin will end the year 2021 with a price over $100,000, but to everyone's shock, it didn't, I know someone who bought 1 full Bitcoin at the price of $53,000 in 2021 and expected to sell it above $100,000 before the year ends, but unfortunately, this didn't happen and he ended up panic selling it at a price lower than $48,000.

Quote from: Mark301 on June 30, 2022, 04:23:45 AM

Re: How certain are you that cryptocurrency will experience more parabolic bull runs

From a small research I did, I learnt that less than 5 percent of the entire population of the world currently are into crypto currencies, it is highly evident that the more more people are join this space, the more prices will increase due to high demand and limited supply as in the case of Bitcoin which has its total/max supply capped at 21 million coins.

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Quote from: palle11 on June 30, 2022, 06:32:55 AM

Quite certain that the bull run will start if the whales start putting in more investment because they have pulled off for profit since price was around $50k. I think gradually the price will start to bounce back.

If we are to wait for the whales then we are going to be in a big big trouble. We need to realize that the best thing about our current situation is not whales and it could be us. How? Well simply just put our money in there and increase the volume. Since the volume is low, regular people like you and me who do not have much could get into crypto, buy bitcoin and increase its price.

Of course, whales could come in and drop it a lot right away, but they can do that for so long, eventually they would have to stop. Even though rich people have a lot of money, they are outnumbered so we could take them on and if enough of us could get together then we could increase it. Which is basically how finance market worked in 2021 when WSB fought hedge funds on GameStop.

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?

Yes definitely market will recover and we just need to wait. There is no certainty but Im sure as Ive been staying for few years and Ive saw how the cryptocurrency go back or surpass its level. Its just need time and growth more.

Imagine someone completely buying bitcoin throughout the years and never selling. The supply shorten and thats what makes it in demand. In time people will realize this that most bitcoin are getting lower and lower.

adaseb

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We might get another crypto run and Bitcoin ATH however you need to realize that cryptos market cap is already so large that we won’t see anything parabolic.

Even the bitcoin 2021 run wasn’t parabolic. We broke $20K and topped at around 3x. This is nothing compared to the 20x and higher bull runs prior.

If we break 2021 ATH we probably won’t even 2x that one.

xSkylarx

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?

I've been in the crypto space since 2016 and I've learned a lot from the market cycles I experienced. Compared to stock market, it's normal here that a crypto could pump 10x then go down 80% of its ATH. Cryptocurrencies are very volatile and these dumps are to be expected after pump. Market will not always go up and also down. It will surely recover but it's difficult to say when it will be because there are real-world issues that also affects these dump.

TimeTeller

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Quote from: Charles-Tim on June 30, 2022, 05:49:17 AM

Cryptocurrencies are risky but the risks differ from coin to coin because one is violate than the other. You can see bitcoin less volatile, coins like ethereum and litecoin are also better, but you can see some like luna very volatile. Research very well and only invest on a good coin and not too volatile ones that are most risky. Also avoid shit and dead coins.

I do not see anything bad to buy coins like bitcoin now, but that does not mean it can not still fall further, but holding it for like three years is not bad, the price would have increased with increasing profit by that time. Just know that investing in cryptocurrencies are very risky, consider altcoins as gambling, they are more and most volatile.

To invest in this market, is to accept the high risk involve in all of the currencies.
But you can minimize potential high losses if you will dedicate your funds to valuable alts.
As we can't tell when will the bullish period will happen, you are just waiting basically what will happen next.
But while waiting, you are just hoping that your choices are good to increase your portfolio.
In my opinion, as much as possible, better diversify your assets outside crypto market.

palle11

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Quite certain that the bull run will start if the whales start putting in more investment because they have pulled off for profit since price was around $50k. I think gradually the price will start to bounce back.

Quote from: Charles-Tim on June 30, 2022, 05:49:17 AM

Just know that investing in cryptocurrencies are very risky, consider altcoins as gambling, they are more and most volatile.

These are two important sentence there. Cryptocurrency investment are risky but bitcoin is far better because with patience, another ATH will be reached for new set of rich people to emerge.

It is also considered gambling when you invest in altcoins. Luna has given many investors nightmare on the collapse that happened to the price of Luna.

Charles-Tim

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Cryptocurrencies are risky but the risks differ from coin to coin because one is violate than the other. You can see bitcoin less volatile, coins like ethereum and litecoin are also better, but you can see some like luna very volatile. Research very well and only invest on a good coin and not too volatile ones that are most risky. Also avoid shit and dead coins.

I do not see anything bad to buy coins like bitcoin now, but that does not mean it can not still fall further, but holding it for like three years is not bad, the price would have increased with increasing profit by that time. Just know that investing in cryptocurrencies are very risky, consider altcoins as gambling, they are more and most volatile.

mk4

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Quote from: Mark301 on June 30, 2022, 04:23:45 AM

Re: How certain are you that cryptocurrency will experience more parabolic bull runs

A certain asset can be a good investment regardless if it gets a multi-year grind up in price or not.

Quote from: Mark301 on June 30, 2022, 04:23:45 AM

How do you see the risk of cryptocurrency right now?

Cryptocurrency has always been risky.

Quote from: Mark301 on June 30, 2022, 04:23:45 AM

Are you confident that cryptocurrency will recover, and when do you think that will happen?

Idk, "cryptocurrency" is too broad. A huge majority will die, some will fall stagnant, some will outperform.

Mark301

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How do you see the risk of cryptocurrency right now? Are you confident that cryptocurrency will recover, and when do you think that will happen?

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