Topic: It could take 2 years for the market to recover - page 8. (Read 9687 times)
Yeah maybe or maybe not. I know the market is down really badly. But if it starts recover maybe in 3 weeks it can touch a new high. Yeah I am not joking. If you see the history you can see it. In last bullish market on end of 2017 it takes 3-4 weeks to mark a new high . But at this point market is manipulated by whales and gov also supervising so it's hard to recover that much first. And this market need new funds. At first we need some good news to start the bullish market .
Nobody knows how long it will take the market to recover (if it ever recovers), it could take 6 months like 5 years. Maybe even if he leaves, we will never see a 20k BTC again (some say that this price is not justified in relation to its utility)
Anyway, I don't think the recovery is coming soon, there are still too many people waiting for it to start up again (there hasn't really been a capitalization phase).
And with the crash at the beginning of the year, investors will take time to regain confidence in the crypto market (unless it has good news about regulations)
Anyway, I don't think the recovery is coming soon, there are still too many people waiting for it to start up again (there hasn't really been a capitalization phase).
And with the crash at the beginning of the year, investors will take time to regain confidence in the crypto market (unless it has good news about regulations)
I wish I was joking but this market will take at least 2 years to recover and build momentum again.
Market fundamentals have changed!
It could, I agree. But looking back few weeks ago, when Bitcoin made a jump of $1,000 in one day period, we can surely say, that Market is having a great possibilities to recober much faster. Market fundamentals have changed!
I wish I was joking but this market will take at least 2 years to recover and build momentum again.
Perhaps your forecast may seem prudent, but usually during periods of uncertainty we tend to be more pessimistic than we should be. It is true that it seems difficult for Bitcoin to resume growth as aggressive as that observed in 2017 due to the lack of confidence in investors, however not everything goes wrong in the crypto universe and I think the market is only needing a small catalyst to resume its upward trend, perhaps not as fast as before, but I still believe that the market can grow at least 50% in this same year.
2 years is a long time, but i will use the time and buy cheap bitcoins. think there is no better time than at the moment to invest in crypto money.
Yes completely agree , now us market bears and I think they will be a year to keep the market red! so don't panic!
The market has been struggling with less than 250 billion USD for a long time and doesnt seem it will get better soon, It may take that long if nothing major happens
I really wish and believe that market will recover soon. And I think 2years is a huge time. I guess market will be in good condition in near future.
I am wiling to wait two more years if this it takes for the market to recover. Yesterday a friend of mine told me how he invested in bitcoin in 2011 and how his wallet looks now
Two years is over predicted in my view, it should take max a year to get back to January situation, it was not pumped so much if you think about that, the return is not so complicated. We just need to get back the trust of investors.
You are right, it can take a long time before the market starts to recover again, but it is quite possible that the recovery will be extremely rapid, because new players and investment funds come to the market.
I have to disagree with you to agree that it may take a long time for the market to recover because alot has actually happened this so many person has lost alot of money i cant predict but i believe it may take long or may not we never can know
I think we can expect a small recovery by the end of the year .After all, the crypto market has always been quite volatile.
Yes, the market correction of many has confused and undermined. After all, we have experienced a very difficult time. Here you can not argue! But I want to say that the situation has improved. and I think we will wait a little longer. To a full restoration.
Personally I think 2018 is still a year of growth in bitcoin in general and altcoins in particular. 2018 is harder due to the appearance of bitcoin-related futures, government bills affecting the market. In addition, large organizations have started entering the nascent crypto market, so in 2018 I think it's still a bright year for crypto.
Well, the market reversal according to all forecasts will not be soon. So it is not a fact that 2018 will be so successful for cryptocurrencies. I still expect more for 2019
I think this time is the time when the crypto rebuild itself. It need the long time. All people must see it in another way. Changes the mind about it and it will survive.
In practice, it often turns out that most of the portfolio (up to 80%) of the acquired crypto currency is left to hang dead in your wallet
I want too that you were mistaken. Two years it very long) But if to think, then your assumptions can be quite real.
Two years is too long, investors will not have enough patience, the number of participants in the crypto will gradually disappear, the faith will no longer. It is not good when we try to prove our position to the whole world that we can do it. I think big investors will not want to lose money and they will save the market as soon as possible.
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