Is the market going to dump like that 2018? - page 3.

lixer

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

The market may drop but I don’t really think that it is going to be as much as it was in 2018. The market has passed that level now, and it has a bigger market cap than what it used to be then,. So, even if the market should go down at this point, the drop is not going to be too much like then, it will still maintain a higher price.

If you check in 2018, the market went down from around $20,000 price to below $10,000 (I think it dropped to $3000), but this time around if the market should drop, it might be stopping above $30,000 or even $40,000, and then we will be expecting it to go back up again. So even if you are losing money now, it doesn’t mean that you are going to be losing money forever, there will still come a time that the market would go up and you would recover all that you have lost in the market.

Reid

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Patience. That's what you need. If you are a short-term investor then this might not be for you. But if you are looking for long-term higher profits than you should just wait for the market to be in a bull run again because it will happen eventually, we just cannot predict when.
What you could do now is read the history of Bitcoin and Altcoins. Dumps tend to happen and there are times a correction should happen. This might be it and if you did enter at this point then you might have lessen the risk of losing more but instead going for a gain in time.

pgbit

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Now December is going to end. I think now the market will go pump. A year ago you can see when the market gone dumped badly. after badly dump Elon musk took entry and said I accepted BTC and BTC crossed 65K $ so. I am thinking in january we will get good news about BTC. If BTC will pump Alt also will pump

Issa56

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Seriously I don't think the market will crash like 2018 and if anything happens the only thing I believe you should do is just to hold your coins, make sure you are holding strong coins not shit coins that will definitely die. No matter the crash I believe there are some coins that will still recover so fast like bitcoin and Ethereum. So the only thing you can do now is hold and never sell any of your coin at lost.

airdata

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

How you can say that you lost a lot from your investment maybe now your Portfolio amount has decreased. We know that some day ago has a big correction in BTC and for this reason all altcoin gone down. If you still hold your coin in wallet then it Will recover but if you already sold then you can say that you lost your fund.

smartaction

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

The market is being correction. Bitcoin and other cryptocurrencies now have great support and cryptocurrency is now a very popular digital currency and almost all countries of the world have now given crypto legitimacy. And big companies have started investing in cryptocurrencies, for example. Tesla, Microsoft, Facebook ETC. And they are starting to bring their own cryptocurrency to market. And different countries are creating their own cryptocurrencies As an alternative to their physical money. that's why crypto will not drop like 2018

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

It is crypto market where anything can possible .So it can more dump and even it can more up .However we have seen the recent time that market has fallen and now its on more deep .I have seen recently some positive momentum has come on the market and it has started to recover .There are few reason for this deep may be the end of the year people are making cash for celebrating the XMAS and also the upcoming years .So i don't think there will be happened like what we faced in the past .Still we are on good position the market not became fall so much if we get a positive trend from this situation we can recover soon .My portfolio are also on negative momentum however i am still holding my asset ,don't wanna sell my asset on loss .You may hold your fund now choice is yours .

Wexnident

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

What do you think YOU can do in this situation? If you can't hold through at such a bloody time then you might as well quit while ahead. If you can handle the loss though, then just keep going. A simple investment strategy involves not investing in one coin after all, so spread them out if you haven't so that losses in one coin won't affect you that bad. Honestly, even if you're in the negative I recommend not to sell, it just highlights the fact that you lost the trade. Just keep hodling. Slow and steady wins the race, no need to rush.

Vaculin

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Quote from: Ryker1 on December 15, 2021, 06:58:24 PM

Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Well first of all --there is no loss if you are not going to sell, if you have bought 1 bitcoin it will remain in your wallet 1 bitcoin, the value goes down if you will exchange for the dollar. Investing is not an easy way of making money especially in cryptocurrencies, it is quite risky, and need patient before you will have successfully profited. In this situation, the word ^[HOLD] is very helpful to us not to have lost our asset from nowhere. The market will most likely not be the same as the time that you mentioned because as for me --it is a minor correction that we expected after the recent bull market.

Indeed, there's no loss if you're not in panic selling. So learn more about the market updates and sentiments so you will have an idea what safety measures you will take so you won't end up living in losses. And with this market correction that makes the prices dumping, i am still confident that things will never turn out like what we had in 2018. Crypto is more secured these years because big investors and big institutions are already supporting bitcoin unlike in 2018, the adoption is still very slow. Just learn to accept the fact that market price moves up or down, and when bullish season comes, expect that bearish season will probably next to happen.

Botnake

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Quote from: chaser15 on December 15, 2021, 06:48:28 PM

Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Do you experience already the 2018 bearish market? If you do, you can't compare what's happening today at the event in 2018.

What you should understand is, it's not always you can a market as green. That's not how the crypto market looks like. It's just common to see that after a bullish trend, a bearish or sudden dip will happen.

You have to be used on that price movement or else, you will forever be confused.

Yes. Understand the price movement of the market first so you won't live in confusion asking yourself why the price is declining or why the price is in massive pump. Know that the market will not always be bullish nor bearish, and price correction is always expected after every dump or pump. Thinking that this crypto market is so much volatile, then you should alarmed yourself that there will be price fluctuations every now and them. One thing is certain in crypto, bitcoin moves its price upward every year. So don't expect that what had happened in 2018 will be totally the same this 2021. I guess every year there's always growth in bitcoin and with the crypto market.

Vaskiy

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Both are different time period and are with different levels of users into the market. Right now the number have increased drastically in comparison to the 2018 market. This time the market has been gaining resistance, maybe this can lead to upward movement than decline in the price. 2018 was different, because by the time more ICO got into the market and nothing is channelized. Now things are different, each and every project have got its market only through series of procedures that make up the value.

Even now more centralized projects are emerging, but those don't get turned to be successful. Whereas in the past every ICO into the market were pumped and that too is a reason for the massive fall.

Ryker1

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Well first of all --there is no loss if you are not going to sell, if you have bought 1 bitcoin it will remain in your wallet 1 bitcoin, the value goes down if you will exchange for the dollar. Investing is not an easy way of making money especially in cryptocurrencies, it is quite risky, and need patient before you will have successfully profited. In this situation, the word ^[HOLD] is very helpful to us not to have lost our asset from nowhere. The market will most likely not be the same as the time that you mentioned because as for me --it is a minor correction that we expected after the recent bull market.

chaser15

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Do you experience already the 2018 bearish market? If you do, you can't compare what's happening today at the event in 2018.

What you should understand is, it's not always you can a market as green. That's not how the crypto market looks like. It's just common to see that after a bullish trend, a bearish or sudden dip will happen.

You have to be used on that price movement or else, you will forever be confused.

Finestream

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Quote from: CaVO32 on December 15, 2021, 06:22:24 PM

Quote from: Bollexz1 on December 15, 2021, 04:15:47 PM

I think we all need to stop having that negative mind of crypto dropping like it did in 2018, crypto has gone beyond 2018 with massive recognition which however resulted to top institutions coming in. So I highly doubt 2018 dump repeating itself.

This is the difference of the situation right now, the adoption today is different than 3 years ago. There were so many happenings that already influenced the market today. So there may be dump but it will not be the same as the adoption is stronger than few years ago. A lot of institutions, companies are heavily invested in crypto, even one whole country, in the name of El Salvador is already into this. So don't think the dump will be the same as 2018.

Right. The crypto is more stable this year compared to 2018 because big institutions are now at the back of bitcoin so it may still experience price dumps but definitely not heavy compared to 2018. So there is no need to worry with what is happening today as this is only caused by a regular price correction and once this is over, we will witness again the recovery of the market. We might don't know how long this correction will stay but definitely not forever. So its better to hodl all your investments for now and do nothing that will make you lose in the end.

AliMan

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Quote from: tokyohd on December 13, 2021, 11:40:29 PM

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?

Don't you consider that's a lost, unless you're in panic then sold it in a cheap and declining price. Indeed many have invested a lot but they're so creepy to and don't have self control that's why they ended loser. Having a deep understanding in cryptocurrency needs our self examination on how could we survive during the bearish market. Exaggerating ideas couldn't help us reach our goals, so in times of crucial situation just keep your asset safe just chill and relax.

CaVO32

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Quote from: Bollexz1 on December 15, 2021, 04:15:47 PM

I think we all need to stop having that negative mind of crypto dropping like it did in 2018, crypto has gone beyond 2018 with massive recognition which however resulted to top institutions coming in. So I highly doubt 2018 dump repeating itself.

This is the difference of the situation right now, the adoption today is different than 3 years ago. There were so many happenings that already influenced the market today. So there may be dump but it will not be the same as the adoption is stronger than few years ago. A lot of institutions, companies are heavily invested in crypto, even one whole country, in the name of El Salvador is already into this. So don't think the dump will be the same as 2018.

suzanne5223

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Yes and no because it 50-50 ratio.
The bitcoin market is expected to experience correction after a single year of the Bitcoin halving effect market but the world is still experiencing economic meltdown and inflation which could make every crypto holder choose to hold for the long term instead of keeping profit or selling their holding. However, the previous market was ruled by the whales while this current market is ruled by humpback whales and from what I see the humpback whales always buy more when the time presents itself.

perfect999

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Quote from: Johnyz on December 15, 2021, 04:27:51 PM

People are still panicking like they did not get used on this kind of scenario, well I guess newbies are more prone to panicking but for those who experience a lot of bear market already, they’ll just see this as a normal trend. I also don’t think 2018 will be the same with the current situation, we are still on a higher price and a good position to stay longer. This market will rise again, it will be more expensive in the future so stop panicking.

Yeah, by considering the ongoing adoption level by institutions alone, I guess more than enough for bitcoin market to be continuing its bull run into next year. So, I am not expecting bitcoin market to be dumped like what we had experienced in 2018. At the same time, we are having rapid adoption and also government regulations/bans are happening simultaneously which must be a worrysum in short term and we are near year end.

Anyway, as we cannot predict the future exactly, we need to be prepared for anything. So, for the long term holders who make use of dips definitely must be ready for facing anything.

Johnyz

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Quote from: Bollexz1 on December 15, 2021, 04:15:47 PM

I think we all need to stop having that negative mind of crypto dropping like it did in 2018, crypto has gone beyond 2018 with massive recognition which however resulted to top institutions coming in. So I highly doubt 2018 dump repeating itself.

People are still panicking like they did not get used on this kind of scenario, well I guess newbies are more prone to panicking but for those who experience a lot of bear market already, they’ll just see this as a normal trend. I also don’t think 2018 will be the same with the current situation, we are still on a higher price and a good position to stay longer. This market will rise again, it will be more expensive in the future so stop panicking.

Bollexz1

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I think we all need to stop having that negative mind of crypto dropping like it did in 2018, crypto has gone beyond 2018 with massive recognition which however resulted to top institutions coming in. So I highly doubt 2018 dump repeating itself.

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