Is the market going to dump like that 2018? - page 5.

carlfebz2

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Quote from: JoyMarsha on December 14, 2021, 05:31:08 PM

My suggestion is for you to keep hodling the coins you already have in your portfolio. Don't think of selling any of them because the market will surely bounce back by next year. Your money is not lost. Just hold on and be patient the market will shine back.
You can't be rich in crypto if you don't learn how to hodl tokens

But this would be only applicable into those coins which are having that potential and not really that an assurance if you do deal off with altcoins.

Be sure that you had put up your investment on the right spot or else you would be ending up on holding into something which you dont even know

if it would rise up its price in the future or would totally be that stagnant no matter how long you've been holding.So its a personal choice!

JoyMarsha

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My suggestion is for you to keep hodling the coins you already have in your portfolio. Don't think of selling any of them because the market will surely bounce back by next year. Your money is not lost. Just hold on and be patient the market will shine back.
You can't be rich in crypto if you don't learn how to hodl tokens

Natalim

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

I don't really understand which way the market is going or will go. What do you suggest in such a situation?

It is a need for you now to understand how risky is crypto investing. Not all the time it went well and profiting, sometimes we got lost due to wrong entry and sudden drops. It is found natural for someone to feel bad after seeing their portfolio drop but if you just hold and never sell them, it surely comes back once the market recovers. All you need to do is to have some faith and wait.

Just forget about 2018, it never happens again.

crzy

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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?

I can suggest that you should act properly, know what to do by analyzing the market and by this, you can have the decision either to buy or to keep on holding. We are already in a bear market and we don’t know the bottom of this one so be prepared always, and never to panic because its not healthy. The market is still good though, hopefully not to drop that much just like in 2018.

tygeade

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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?

No, right now market is showing some recovery and it might be for the news of Elon Musk announcement about accepting dogecoins for spacex. When some positive news hit the market, it may attract investors for all the cryptos including bitcoins. Usually people do arrive into this crypto space after got convinced about bitcoin's potential but they may choose altcoins as well in the end due to diversification reasons.

Similarly crypto space may enter into bullish mode after there is a positive news for dogecoins/altcoins. I guess the next two weeks of this year must be too crucial on deciding about the trend of 2022. Hopefully we will have another stronger bullish rally in 2022.

DarkDays

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Quote from: Husires on December 14, 2021, 12:30:05 PM

If the price follows the previous approach, a correction will occur by 60% to 90% during the next 12 months, specifically in less than 4 months, which is an ideal opportunity to buy after determining where is the top and new ATH that the price will reach to determine to what extent the price will collapse.

Therefore, assuming the price collapse is due to the insanely high price assumption. If the price does not rise, this means that we will settle in the range of 30k to 70k for several years.

So, if the price break 100k then we will have new price above of 20k at any case which is good for long term hodling to 1M.

Anyone who wants to hold Bitcoin for more than 10 years should not worry about current changes.

Interesting visual that highlights how with every halving Bitcoin has done more than a doubling. The concept is clear, anyone looking to hold Bitcoin for more than 5 years should not worry about the small bumps on the long road as these are temporary - history has shown that this is the case.

In a way, I like how reassuring this is for long-term holders and making the short-term traders aware of the possible scenario we may descend into for the next few months.

Mahanton

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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?

No one could actually know on where we do heading up because market is truly unpredictable and cant be known on where price could go because it will always vary with the demand and also it is just normal that there would be always a losing side of things if someone do make out some big profits on the other side and its been always like that.
We cant just have a market that would be always having that upward movement of price kind of behavior because it wont be called a market on the first place if
it does have that kind movement in the first place thats why you should bare or deal with it.

Husires

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If the price follows the previous approach, a correction will occur by 60% to 90% during the next 12 months, specifically in less than 4 months, which is an ideal opportunity to buy after determining where is the top and new ATH that the price will reach to determine to what extent the price will collapse.

Therefore, assuming the price collapse is due to the insanely high price assumption. If the price does not rise, this means that we will settle in the range of 30k to 70k for several years.

So, if the price break 100k then we will have new price above of 20k at any case which is good for long term hodling to 1M.

Anyone who wants to hold Bitcoin for more than 10 years should not worry about current changes.

SquirrelJulietGarden

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When market is in correction we have such questions appear.

You should ask yourself about fundamentals of market between 2018 and 2021 or 2022. Many different things and they are huge. With institutional investors and their deep integrations into crypto market, we have a much bigger adoption and it is very good support long term.

MicroStrategy and Saylor keep buying all dips and they are owning 122k Bitcoin. You should know another thing, 90% of Bitcoin already were mined. Only 10% of Bitcoin will be released from mining in next 100 years. Is it enough to convince you to invest in Bitcoin and HODL your Bitcoin?

arbifahrozy

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Nothing to saying yet confirmed because market in consolidation zone so everything is possible best way to take some entery and wait for next market movement may b it's dump.for sometime

michellee

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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?

You are not alone as I think many others lost a lot in the crypto investment. The crypto market can change anytime and you should be ready for that because if you can not do that, you can lose more. If you can still analyze finding the right coins, you can try to trade but if it's not, it is better to wait and see and not do anything because we can not predict right about the market. This time, I do not trade because I am in a lost position, but I still hold the coins because I believe the price will be higher.

Alert31

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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?

Simple, just hold and don't panic because you have nothing to do in the current situation of crypto market only to hold and buy more potential coins while the price is cheaper to accumulate more crypto assets.. Market will bounce back and it will not stay below. Only those weak hands lost their assets and investment because they sell even they know they will face losses.

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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?

I advise everyone not to invest in cryptocurrencies if they do not understand what it is about - and the two basic things that everyone should know are when is the best time to invest, and that nothing can grow forever. I sometimes feel like a broken record, because how many times do I need to repeat that the time before or right after halving is the best for the investment?

Anyone who did it then was profiting at least x7 at the moment, and if they sold at ATH even x10 - I don't know what you invested in, but you obviously made all the wrong moves if you lost a lot of money.

It is impossible to say in which direction the market will move, I will be optimistic and say that the chances are 50% -50%. Strong resistance has been created at $50k, and the price bounces down every time it gets close - and it won't last very long, it will have to break in one direction or another.

VanityWallets2015

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I would also suggest the same thing. Since it is really a season that drives people to be more excited and impulsive, on a yearly basis, you should just hold during this time. The market may seem to be falling off its previous state, but I think that it would be just for this moment like what happened before. While it is true that nothing is predictive here, I observed every December most people are after selling their assets then start buying more again at the start of the year. I guess my point here is if you can’t force yourself to go with the flow of the market driven by the people, make your move in those high times but not necessarily on the mainstream.

jamkesmas

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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?

I suggest keeping your assets while the market is in a price correction state like it is now if you can't trade by taking advantage of fast price movements to take profits. I think the current market conditions are very reasonable after experiencing an increase and so far I see this is still fine where the Bitcoin price is still around the 50k price, so it is very likely that we will not see a market like this for a long time like what happened a few months ago, hopefully just.

rhomelmabini

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If it is, only Microstrategy and Saylor will be happy and those big players that are already in the market. I mean specifically to Bitcoin but other huge players will do the same too on those better alts in the market. You're only at loss if you sold it lower from where you bought it, the only thing you can do is hold and wait.

awik p

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the market today is certainly different from the market in 2018. In the past we saw market crashes so many people were frustrated by it. in the past many people were afraid to buy until finally bitcoin dropped from around $ 20k to $3500, but nowadays many investors view that every drop is an opportunity to invest, so the decline is not as severe as it used to be.

NeuroticFish

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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?

If you were investing and not trading, and if you invested only money you can afford to lose, then there are 3 direction I see:

* buy more (buy the dip, maybe DCA too, especially if you have more funds to invest - and afford to lose)
* sell and buy back when the price drops more (if it will drop more)
* hold and learn patience, since the price should grow again eventually (of course, it may or may not happen, and if it'll happen it may take any time between hours and years)

Of course, anything you'll do are risky moves. And one should not tell you what you should do with your money. The decision is yours.

boyptc

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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?

Those investors that have lost a lot, it's your own hand that touches your investments. If there's a problem with your strategy, it's totally okay to ask what's wrong with your strategy.

As you're assuming if 2018 might come, let's just give it a yes.

If that comes then you have to make sure that you're prepared for buying a lot. But to tell you honestly, I don't think that the next correction will be the same as 2018.

ultrloa

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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?

If people will be scared and continuously dumping their shits then maybe we can see the 2018 like scenario but I think for the adoption what bitcoin got for sure we will not go to that point since I believe institutional investors will not allow to see that since it will kill the possible adoption it take on year 2022. but let see if that scenario will came then we must prepare to buy bitcoin on its bargain price again and for sure many will do that.

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