How long do you think the market will take to recover? - page 13.

Vaculin

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Winding down.

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.

Taskford

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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 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.

lalabotax

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Based on the previous cycle of bearish and bullish, the market may be not be abke to recover soon. The market will still continue dropping. Right now, I am thinking of holding all assets. Because it may need 2 years or more or less again to recover.
The bullish may come after its Bitcoin halving. And altcoins will follow Bitcoin condition.

sklopan

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I think it won't take long. It should be understood that the market has changed markedly. And given the current situation, the resumption of the functioning of the market still needs a lot of time ...

virasisog

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Quote from: GreatArkansas on June 14, 2022, 10:06:35 PM

Quote from: Rengga Jati on June 14, 2022, 06:19:29 PM

(....)

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

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

Let's see in 2024 or 2025 Grin

My hope now is the cycle of Bitcoin block halving.
As I noticed especially on the previous price action of Bitcoin, the bitcoin block halving event of Bitcoin is one of the important events in the cryptocurrency market. There we see some price action upward when the Block halving is near.
So I am expecting the year 2024, months before the block halving maybe the recovery will start.

Bitcoin halving will have a huge positive impact on the market situation. It will take quite a long time before we reach that again. However, since the market is crashing continuously, it will be better if we'll embrace the situation and take advantage of it. Accumulate potential coins as much as possible while we can still afford them.

cabron

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Quote from: GeorgeJohn on June 14, 2022, 11:28:16 AM

Quote from: cabron on June 14, 2022, 10:23:09 AM

It will still take months to a year like last two bear market I've seen in the past. Seem nothing had changed, the supercycle is a lie kinda like giving a newbie false hope.

Since the price fell down to 20k, the market will keep retracing this support line for weeks and if unsucessful for probably a month or 2, this could mean a gradual bounce. Not an investment advice though.

from your perception What and when do you think the market will be in equilibrium state. Because i believe that cryptocurrency can get itself accelerated as i portrayed from the first comment after this yea. Because looking from the previous analysis of people early this year, it tells that market can can get elevated like 2024 and 2025, nothing like experiencing of bullish market because of the volatility of cryptocurrency this season. But for the scenario of it value been dropped to 20k. I consciously believe that the falling will not exceed below 20k.

If the price break the 20k support, expect those predictions.like 13k to be possible too. There is nothing tonhappen but just like the old long bear market of crypto that fan only rise just when people don't expect to happen.

The halving is usually the reason for another bull trend so yep 2024-25 it is. Its not that far anyway were almost over with 2022.

jaberwock

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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?

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.

BobK71

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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?

We have just entered the bear market. The day before yesterday I also saw a big crash which has affected the entire crypto market. This is the highest crash I can say since the last 2020. This is not to say that there will be an uprising movement very soon. Investors will have to take preparation, which will take time. However, the beer market is the pre-spot of the bull market. So wait patiently and have the possibility to get more.

GreatArkansas

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Quote from: Rengga Jati on June 14, 2022, 06:19:29 PM

(....)

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

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

Let's see in 2024 or 2025 Grin

My hope now is the cycle of Bitcoin block halving.
As I noticed especially on the previous price action of Bitcoin, the bitcoin block halving event of Bitcoin is one of the important events in the cryptocurrency market. There we see some price action upward when the Block halving is near.
So I am expecting year 2024, months before the block halving maybe the recovery will start.

LouVandetta

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

What will happen next?

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

What's going to happen next? Well, either it continues to crash or maybe bounce back up. Still tho, when you thought we're already in the bottom of the dip but it turns out it's still dipping further down. That's just how the market works. You can't really guess when for them to recover. I mean like, it looks like some people are hoping that it crashes more than it already is because they want to to enter the market at the bottom if it didn't go any deeper tho. Today's market condition is looking a bit better than yesterday's or the day before, so maybe it's starting to recover? Well, I"m just gonna keep a close watch then.

goldkingcoiner

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Recover? Recover from what, a dip? Roll Eyes

Bitcoin has lost absolutely no value. Its the altcoins which are superficially dragging down the price of Bitcoin but thats short term. How short term? Thats hard to say when youre unsure of how far Bitcoin adoption will be in the near future.

The last time Bitcoin had a scare, it still rebounded and even got to 60k. I think the next rebound will be over 100k definitely. Maybe even 200k+ if we are lucky. I am looking at the monthly development so if I had to take a guess, maybe half a year?

crwth

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There are a lot of people who are probably cashing out since the total market capitalization is now less than a trillion dollars. This is an excellent opportunity for people who want to get into cryptocurrency since it has been down from the top. The best approach would be DCA-ing the market instead of timing it.

What would happen next? We can never know unless it happens.

For the market to recover, we also don't know because if we do, a lot more people would probably be rich. It's just that they believe in the asset. That's why they continue to buy more of it.

Rigon

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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?

The current condition of the market, looking at this condition, seems to be further down.However, this market needs ample time to recover. Maybe the market will not recover by 2022.If we look at the market we can see in the past but there are many cases of dumping.Looking at that past, I can say that even if the market rises, we still have to wait a long time.

Rengga Jati

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

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?

So far, I am still watching, but now I am preparing for DCA because the BTC price has started to drop closely to $20k, maybe it will be under $20k soon??

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

What will happen next?

Once more, we will not know if the price will keep dropping or not, but seeing the period and the market crash, it may be still ongoing. Just watch them and control our emotions.

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

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

Let's see in 2024 or 2025 Grin

Oceat

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It will take a little longer for it to recover so why not buy the dip instead of watching and waiting for it to pump like you saw on bull market. Besides, it's a good thing to have a dip it helps to remove unnecessary traders/investors who only think for a quick profit. You know it's a good thing to have some dip/correction to know who's the real trader and investors that has a strong hand to hold instead of the one shaken when the market starts to drop. Buy every dip that you see and stop thinking when to sell when we are still in bear market.

BitMaxz

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It's pretty normal to see this price drop for Bitcoin and altcoin if you know the history of Bitcoin since before you will notice the cycle.
Every block halving is a good start to invest so 2024 would be the best time for me to invest again and hold for the long term.

Just like what happened before 2016 and 2017 and now 2020 and 2021 have you noticed the cycle?
As you can see there is no difference in the market movement around that time? There might be a slight difference but they are the same as how the bull market comes after block-halving.

jossiel

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Do DCA.

It has always been one of the best thing to do when we're down. You'll see how it's worth it to DCA when we're up again. Those little accumulations that you've done in the past.

They're going to be in effect when we're in bull once again. And for the recovery of the market, no one knows, maybe a year or 2 years for this recovery until the next halving.

You know, we're on a cycle.

Quidat

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Quote from: Finestream on June 14, 2022, 04:58:47 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 you don't want to miss every single opportunity, doing DCA will always help particularly with bitcoin. And seeing how the market currently behaves, this is always the worst scenario for those who have weak hands but for those who believes that the market will eventually recover after some time, buying right now would be very perfect instead of getting fears that this crypto market will be over. But if you'll ask me how long will this market to recover, its always uncertain. No one would really lose if everyone is aware of that.

Not all would be having the money on doing DCA thats why they do only have whether they would be holding or selling on loss for them to get in on cheaper price. Sounds crazy?
Its normal that we do fear on missing out the opportunity on getting cheap price but doesnt mean that we could anytime do on what we want.It all matters with our finances.
Recovery is always in question and cant really be known thats why you should be wise when making out decisions and always mind about risk management.

Finestream

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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 you don't want to miss every single opportunity, doing DCA will always help particularly with bitcoin. And seeing how the market currently behaves, this is always the worst scenario for those who have weak hands but for those who believes that the market will eventually recover after some time, buying right now would be very perfect instead of getting fears that this crypto market will be over. But if you'll ask me how long will this market to recover, its always uncertain. No one would really lose if everyone is aware of that.

Mahanton

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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?

Recovery talks would be always a speculative ones always yet we know that this market is totally unpredictable which it could neither last for months or years depending on the market behavior
made out by community or other big players in the market but one things for sure that recovery or u-turn of price would really be inevitable.We cant really just see
a market on would really be having that bearish state or just too low forever.We know that there's really a bear market, we cant really just see a market to have a continous rise up.
Therefore, once you do step your foot into this market then you should make yourself that aware.

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