How long do you think the market will take to recover? - page 12.

Mpamaegbu

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Quote from: Mark301 on June 14, 2022, 01:54:21 AM

Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

If you can, you can DCA. Make sure it's on cryptos you favour on your own after in-depth research and not just ones promoted on hype. However, truth be told I just hope the market goes down further as that will enable it gain stability and also afford me that opportunity to get cryptos I favour at cheap rates.

Quote

How long do you think the market will take to recover?

I don't think anyone can really tell when that will be. Nevertheless, I know that whatever happens November is always a good month for cryptos. So, no matter what; I expect the market to be bullish in Move-ember. It's the month for upward movement.

BITCOIN4X

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Quote from: AakZaki on June 17, 2022, 12:36:27 AM

It's still uncertain and no one knows if it will take long to get back up and get to the new ATH again. Because now crypto is getting known and whales are starting to look at crypto. Some manipulation is done to make the price lower, so that the whales have the opportunity to buy at a lower price. Market drips significantly test those new holders to sell their assets.

You're right, there is no surefire way to know how long it will take the market to recover and hit ATH again. Currently, traders and investors will certainly be waiting for how the new bitcoin price pattern will form after the recent correction. But for those long-term investors, then they may have made a purchase and took advantage of this moment.

We know that manipulation is always possible in the market during this correction, but I would disagree if someone said only whales can control the market regardless of the purpose. While whales have the power to move the market, it's clearly not going to happen in the long term as they usually only last a very short time. We can also take advantage of this moment of correction because actually $20K is a pretty cheap price compared to the previous ATH which hit $69K.

doomloop

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Quote from: jaberwock on June 14, 2022, 11:23:14 PM

Of course the best thing to do is dollar cost averaging or dca in short, for both bitcoin and ethereum so that you won't miss any of the opportunity that comes from them. If you will wait for a further drop, there might be no guarantees that it can happen again because the market is already dumped too much and those who have waited for this moment have already started buying, so soon there is only a reversal that will happen.

If you truly wanted for the market to recover, then don't just wait and sit there but do some actions. Help the others that are currently buying now as the more the people that will do it, the faster the recovery is.

DCA is just the right move to do whatever is going on in the market. It could be going down, it could be going up, whatever you do, when you do it with DCA that means you will be able to profit from it. I am not saying that you should always do this, there are situations where you could avoid that, but at the end o the day, you will be able to make a profit from it if you know what you are doing and that is exactly what people are after.

There are ways you can do DCA which would be wrong too, so wait for it to be at a place which would make you profit a lot more in the future, if you just keep on buying every hour, that is not DCA at all, so know how to do it properly.

Pandu Geddon

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Quote from: maydna on June 16, 2022, 10:48:11 AM

But if your strategy is to sell the coins so you can buy them at a lower price, you can try, but there will be risks that you have to bear.

to sell now of course the time was too late. if you have assets that have decreased by more than 50% of course you will lose by selling them. although you can buy at a lower price, it is not a guarantee that we will get a better return.
Just wait, while increasing a load of your bag with several stages of decline that occur. Do not despair, because the market has a moment to pump again.

breathlessz

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Quote from: Jocuserious on June 16, 2022, 12:13:58 PM

Next will return bull market again so we should wait till it. When btc price goes to fail then market crashing start so if you want more profits in the future then perfect time for btc and eth. At least you can find out top coin deep price then better for your profits. I Won't force you like its your own choice but we can share just our mind.

the more the bitcoin price collapses, the easier it will be for us to make a profit, because with a little capital we will get more bitcoins, and after that we just have to wait to see the bull market really comes, no one knows for sure for that, as has been exemplified before , 4 years being a bearish season and after that the bullish season comes in 2021, at least for this time we have to be patient for that long, and it could happen sooner or later

Victorik

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Sadly, no one has a crystal ball to look into to predict the turn of event when it comes to cryptocurrency.
The market may take a little while to settle seeing that everything is based on Bitcoin. If BTC recovers, then be sure that alt will follow suite. But, I don't see a recovery any time soon

AakZaki

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Quote from: Kadal Ijo on June 16, 2022, 09:58:08 AM

I did not expect that the market drop was significant, which was more than 33% in less than 5 days, this was the effective campaign of haters to spread FUDS to anyone to immediately leave Cryptocurrencies, when the market drop was significant, it took a long time as happened in the year 2018.

It's still uncertain and no one knows if it will take long to get back up and get to the new ATH again. Because now crypto is getting known and whales are starting to look at crypto. Some manipulation is done to make the price lower, so that the whales have the opportunity to buy at a lower price. Market drips significantly test those new holders to sell their assets.
You only need Technical analysis and Fundamentals to determine the boundaries where the market will rise again and at which point the market will crash again.
Doing a DCA strategy might be better, the important thing is to have funds and allocate a few percent in stages. Look and observe, when the price is deep press a buy order.

el kaka22

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If we knew how long it would take, then we would sell everything at exact moment it will recover, and just buy bitcoin. I am actually quite close to try to convince my wife to sell our car. It would be difficult to do and I would fail, she would never sell our car, but I would at least give it a try.

Think about it, we are close to 20k right now, and 40k is not that far away for us in time period, which means that it could be done. This is why I am not entirely sure what to do, maybe it would be possible for all of us to make that type of crazy move? I could literally turn our car price into x2 with it if I sold it and bought right now.

Jocuserious

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Next will return bull market again so we should wait till it. When btc price goes to fail then market crashing start so if you want more profits in the future then perfect time for btc and eth. At least you can find out top coin deep price then better for your profits. I Won't force you like its your own choice but we can share just our mind.

maydna

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Quote from: Pandu Geddon on June 16, 2022, 09:58:55 AM

Quote from: xSkylarx on June 16, 2022, 08:41:52 AM

I am not sure how long this bear market ends but there are many factors that affects the current market sentiment. Covid19 pandemic still affects the livelihood of some countries. Many people are liquidating their investments on crypto preparing for the possibility of a global recession. Some says that crypto market will only recover again after the next bitcoin halving in 2024. Well for me, this is a the perfect opportunity to have huge gains for the next bull run. Accumulating at this price will give you easy 100% gain of your investment.

no one knows how long the market will stay in its current state. although there is some stabilization this does not mean the market has improved. we could see a more extreme decline. before going in, I think we should consider the possibility of another downturn. I have faith we're not done with the bear scaring everyone.

Yes, that's correct. No one knows when the market will change because it will depend on the sentiments of the people who trade in the crypto market. Maybe this bear market will be in the market for a while and give people more time to buy lots of coins before the market changes direction and the price of individual coins can go up again. But if you are thinking of selling your coins, you better recalculate how much you will get because it is not easy to see your money's value after selling your coins. But if your strategy is to sell the coins so you can buy them at a lower price, you can try, but there will be risks that you have to bear.

BlackBaron

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Quote from: Mark301 on June 14, 2022, 01:54:21 AM

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

What will happen next?

How long do you think the market will take to recover?

If that's your question, it seems that you have to remember the history that happened with Bitcoin in the previous year, in 2019 something like this happened, but I'm not sure that this is what investors have been waiting for the most, there is a deeper possibility that this will happen.

Recover, depending on the market situation what i saw happened before after the bear market the bulls will catch up one year later thats all i know.

Pandu Geddon

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Quote from: xSkylarx on June 16, 2022, 08:41:52 AM

I am not sure how long this bear market ends but there are many factors that affects the current market sentiment. Covid19 pandemic still affects the livelihood of some countries. Many people are liquidating their investments on crypto preparing for the possibility of a global recession. Some says that crypto market will only recover again after the next bitcoin halving in 2024. Well for me, this is a the perfect opportunity to have huge gains for the next bull run. Accumulating at this price will give you easy 100% gain of your investment.

no one knows how long the market will stay in its current state. although there is some stabilization this does not mean the market has improved. we could see a more extreme decline. before going in, I think we should consider the possibility of another downturn. I have faith we're not done with the bear scaring everyone.

Kadal Ijo

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I did not expect that the market drop was significant, which was more than 33% in less than 5 days, this was the effective campaign of haters to spread FUDS to anyone to immediately leave Cryptocurrencies, when the market drop was significant, it took a long time as happened in the year 2018.

xSkylarx

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I am not sure how long this bear market ends but there are many factors that affects the current market sentiment. Covid19 pandemic still affects the livelihood of some countries. Many people are liquidating their investments on crypto preparing for the possibility of a global recession. Some says that crypto market will only recover again after the next bitcoin halving in 2024. Well for me, this is a the perfect opportunity to have huge gains for the next bull run. Accumulating at this price will give you easy 100% gain of your investment.

m2017

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Crypto Casino and Sportsbook

Quote from: mk4 on June 14, 2022, 03:47:30 AM

I wish it would drop further more. There's still sooo much overpriced trash everywhere that we need a bigger wipeout of most of the trashy altcoins. Blockchain based games in the billions but yet has little to no players, like what. We need to nuke 'em all.

That is, do you think that the industry needs to be "cleansed" and what is happening will only benefit?

Quote from: Mark301 on June 14, 2022, 01:54:21 AM

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

It's up to you to decide, personally. Bitcoin assumes personal responsibility for one's money and actions. This is the price of financial freedom that bitcoin offers.

Quote from: Mark301 on June 14, 2022, 01:54:21 AM

What will happen next?

Nobody knows and it was naive to ask. Also, I would not believe those who will predict this for you, because no one knows the future.

Quote from: Mark301 on June 14, 2022, 01:54:21 AM

How long do you think the market will take to recover?

My guess is that the crypto market recovery will take a long time. Perhaps a few years, because, in my opinion, the fall is significant and it can't be restored at the "snap of a finger". Another important point is that the geopolitical and economic situation in the world is in an extremely unstable position, which undoubtedly affects the entire crypto industry. It is difficult to make predictions in a rapidly changing world where events are sudden and very unpredictable.

Desscount

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According to the Bitcoin Chart, I think this is already a bottom, because Bitcoin support at $20k has also been touched,
yes it could go down again at least $19k, but I think it will be just wicks,
because it is an institution, even big investors I believe they are won't let Bitcoin price go any lower,
and I'm sure Q3-Q4 bitcoin will recover, so will altcoins, so stay hold

sumant

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BTC price has not come below 20k , I think market will going to stable on this rate so there is absolute chances of market to recover from here. Every big altcoins now gaining good volume toward their value. We can say that in two months time market will going to very supportive to us and taking entry now is good decision to make good profit in future.

Inspiron14

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Quote from: Taskford on June 15, 2022, 05:46:44 PM

Quote from: Mark301 on June 14, 2022, 01:54:21 AM

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

What will happen next?

How long do you think the market will take to recover?

If there's someone who can predict on when the price of crypto go down or when it recovers for sure they will be so rich. But unfortunately the market remains unpredictable that's why many experience traders keep losing because the only thing they have is an idea which doesn't strike accurately. But in the case on what's currently happening at the moment provably it will take long for bitcoin to recover and reach again on its last ATH or even lower to that figures.

Yes basically it is not that easy to predict the market and even though we have tried to do something it does not mean that it can guarantee that we know what the market will be like,
apart from that, keeping abreast of market developments and doing analysis also remains important

Bhig Daddy

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It will take time but most definitely it will get back up, I even happy and wish it will drop more because there are a lot of shitcoins who needs to be wiped out. So if you are new it normal to get worried over the fall of bitcoin.

stomachgrowls

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Quote from: Vaculin on June 15, 2022, 05:50:01 PM

Quote from: Mark301 on June 14, 2022, 01:54:21 AM

Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?

What will happen next?

How long do you think the market will take to recover?

The crypto market is really bloody at this moment and there’s no way we will be able to know when will this stops. But isn’t a great opportunity to enter the market and buy a lot of bitcoin for your portfolio? Consider doing DCA because that will increase your purchasing power for bitcoin. Don’t anticipate for quick profits, just learn to ride the present market condition and everything good will follow through once the market recovers and bitcoin will skyrocket.

People who are just new will be the ones or likely the one will really be freaking out and getting stressed on times like these on where market is something that cant really be known on where it would

be heading or going.How long it would recover? No one knows and this is something the very common question that we do have on everytime the market do make out some significant move.
Questions asked every corner on when and how? Best or the ideal thing to be done is to set yourself into a position where you could really take advantage with these market movements.
You cant just rely on something without doing any actions.

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