It's the year 2018 over again | Bitcointalksearch.org

Abiky

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Quote from: isaac_clarke22 on May 20, 2022, 03:31:33 PM

Man, I still remember when Bitcoin was down to 3-4k-ish in those years and I was like just "keep buying and don't press that cash out button, lol".

Also considering many crypto-related platforms that I got involved at including those web wallets I had registered for their services, it has been a lot of changes now. Bad thing is crypto wallets that are localized here in my country is getting stricter in KYC and I can't even blame them for doing it considering that there were some money laundering happening that involved digital money in here.

Crypto wallets which enforce KYC are nothing more than centralized. You should look for non-custodial (decentralized) wallets if you want true anonymity/privacy. Speaking of the crypto market, I'd say it's really 2018 all over again. Prices are going down, while hype has temporarily faded away. Back in the day when crypto was in its very beginnings, no one thought it would become as valuable as it is right now. The price for 1 Bitcoin was less than a cent in the very early days. Now, it's worth thousands of dollars due to ever-increasing demand on the market.

Experts are predicting Bitcoin will reach $1m, so if that becomes a reality, other cryptocurrencies will become much more valuable in the future. Ultimately, it's all about buying coins during bear markets in order to sell them once everything goes back up again. As long as you play your cards right, you'll be on a road towards true financial freedom. Just my thoughts Grin

LUCKMCFLY

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Quote from: fortuner on May 13, 2022, 09:25:00 AM

Quote from: Mozzart on May 12, 2022, 05:26:00 PM

Quote from: Woodie on May 12, 2022, 03:11:57 PM

It's a bloodbath out there for bitcoin and most altcoins out there, whatever has triggered this move is really scarring potential and existing investors/hodlers...but then again this is an opportunity to get people jumping in on this boat for some cheap coins.

Are we going to be getting any All time highs anytime soon with all these setbacks??

The situation is, of course, extremely bleak...
But the best days are ahead, the main thing is not to panic and survive the current market situation with dignity.
This is not the first time this situation has been ))

It's not the first time, but for those who are new, of course they will panic and fear the red market situation like today.
Whereas if we have more money we can take this opportunity to buy a lot.

It is the truth, I think that the OP has found a certain similarity to compare it with the year 2018, although I think it is not very feasible to do so because by the year 2018 we were not experiencing any war or a pandemic as long lasting as the one that is currently, so no This year is comparable for me with 2018, but in the speculative markets you can always find certain patterns, but I don't think it will be repeated, there are always circumstances very different from those of years like those, if I am inclined that there is a certain analogy , but in 2018 the causes of the fall of BTC were very different from those of now.

ScamViruS

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Quote from: Muslimin mj on May 20, 2022, 03:22:18 PM

Quote from: S3300 on May 01, 2022, 02:33:54 AM

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

It is very difficult to know when a bullish or bearish condition will occur. because this all just happened without anyone knowing for sure. because many people can only predict based on various signals that occurred in previous market experience. and trends greatly affect market conditions which can lead to BULL and Bear markets.

It is true that it is difficult for ordinary traders to say for sure when the market trend will change. The current market situation is such that it will be difficult for an average trader to predict what the next trend will be. If you look closely, you will understand how connected the crypto market is to the world economy. Currently the state of the world economy is very bad, the bad condition of the stock market and following the stock market Bitcoin has also dumped. So look at the world economy, there you will get a signal of the market trends in the coming days.

isaac_clarke22

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Quote from: Abiky on May 18, 2022, 08:16:47 AM

Quote from: Gayong88 on May 15, 2022, 01:00:21 AM

It is definitely not the same, bitcoin has been accepted by banks and higher institutions, companies and countries are adopting it as a payment method. It is getting more popular day by day. Many years from now it may become a global currency. If a bear market occurs again it will not be as fierce as the last one, I believe Future for 100,000$ BTC is possible.

Crypto is more popular now than it was during 2018, so what's happening now cannot be compared to what happened a few years ago. Of course, prices have been going downhill at a fast pace. But that doesn't mean it's the end of the world. This is only temporary as the best is yet to come. If you've been into crypto for some time, you'll notice that prices bounce back after every BTC halving. That's because people buy more Bitcoin due to the FOMO (Fear of Missing Out) sentiment.

With a bullish Bitcoin, altcoins will soar like crazy. I would just accumulate more coins to cash them out in the future. Who knows if you double or triple your investment in no time? Just my thoughts Grin

Man, I still remember when Bitcoin was down to 3-4k-ish in those years and I was like just "keep buying and don't press that cash out button, lol".

Also considering many crypto-related platforms that I got involved at including those web wallets I had registered for their services, it has been a lot of changes now. Bad thing is crypto wallets that are localized here in my country is getting stricter in KYC and I can't even blame them for doing it considering that there were some money laundering happening that involved digital money in here.

Muslimin mj

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Quote from: S3300 on May 01, 2022, 02:33:54 AM

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

It is very difficult to know when a bullish or bearish condition will occur. because this all just happened without anyone knowing for sure. because many people can only predict based on various signals that occurred in previous market experience. and trends greatly affect market conditions which can lead to BULL and Bear markets.

Lubcub62

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today bitcoin again experienced a correction to 28k but resistance to continue to fall has been seen quickly so the price is back up quickly. so now traders are getting used to the bearish bitcoin market conditions. and not like in the previous correction where panic sell was very clearly visible. but now people are slowly starting to not panic. I don't know how long this bear market will last. I hope a bull market emerges quickly.And don't let 2018 happen again.

Fakhrulenclix

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Quote from: S3300 on May 01, 2022, 02:33:54 AM

It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

It's very possible, I also think the same. all of this is the same as what happened in 2018, 1 year after reaching ATH the bear market came and at this time the correction was too deep to make me pessimistic that it would recover quickly. if indeed 2018 has come it means we have to wait another 3 years to be able to see the market recover and reach its peak price again.

sensimilia

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Quote from: Uang_kartal on May 10, 2022, 10:36:10 AM

regarding Bitcoin legal in several countries and more and more people will accept it I hope it's good news that can make bitcoin last, let's see the scenario. either day, week or month ahead we will go through with analysis

And I see in some cases that what was here was enough to lose the market for the winning streams of the previous ones but what kind of fall here is the reason why so much has changed here But what will happen here is that the current market situation will happen a lot here.

Abiky

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Gayong88 on May 15, 2022, 01:00:21 AM

It is definitely not the same, bitcoin has been accepted by banks and higher institutions, companies and countries are adopting it as a payment method. It is getting more popular day by day. Many years from now it may become a global currency. If a bear market occurs again it will not be as fierce as the last one, I believe Future for 100,000$ BTC is possible.

Crypto is more popular now than it was during 2018, so what's happening now cannot be compared to what happened a few years ago. Of course, prices have been going downhill at a fast pace. But that doesn't mean it's the end of the world. This is only temporary as the best is yet to come. If you've been into crypto for some time, you'll notice that prices bounce back after every BTC halving. That's because people buy more Bitcoin due to the FOMO (Fear of Missing Out) sentiment.

With a bullish Bitcoin, altcoins will soar like crazy. I would just accumulate more coins to cash them out in the future. Who knows if you double or triple your investment in no time? Just my thoughts Grin

Lubcub62

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Quote from: Gayong88 on May 15, 2022, 01:00:21 AM

It is definitely not the same, bitcoin has been accepted by banks and higher institutions, companies and countries are adopting it as a payment method. It is getting more popular day by day. Many years from now it may become a global currency. If a bear market occurs again it will not be as fierce as the last one, I believe Future for 100,000$ BTC is possible.

well maybe what you say is true even recently the country of panama adopted bitcoin in its country following el salvador. and in Indonesia a tax for crypto has been imposed which indicates the government's attention is starting to accept and be open to crypto in general or bitcoin in particular.

bitjoin

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Quote from: yazher on May 11, 2022, 10:23:32 PM

Quote from: Pejoh Asu on May 10, 2022, 09:54:24 AM

About 4 days the price of bitcoin drops more than 18% and this makes me worry that the moment in 2018 will be repeated, almost the same as 2018 that I still remember is the price of dropping under $ 8000 in May and I sell all the bitcoin that I once bought At the price of around $ 14K, but I am optimistic that in 2022 it is different because there are already many real adoption that will make Bitcoin can survive.

I don't think the price will fall down that much because nowadays we already have lots of people and big companies invested in bitcoins and when we see the price fall in the market these days, we might assume that it will be fell to the lowest price for about $20k+ something and it won't get lower than that before recovering and gaining momentum again.

Although the price of Bitcoin followed by Altcoins is getting worse, the bad story of 2018 is difficult to repeat. Cryptocurrencies have already been adopted in several companies and countries, the price will quickly return even if the decline is still happening. There is nothing to worry about market conditions, prepare the sack so that it can accommodate a lot of profit when the price returns to the green dot.

Gayong88

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It is definitely not the same, bitcoin has been accepted by banks and higher institutions, companies and countries are adopting it as a payment method. It is getting more popular day by day. Many years from now it may become a global currency. If a bear market occurs again it will not be as fierce as the last one, I believe Future for 100,000$ BTC is possible.

Metroid

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Xtreme Monster

It will be fun to watch when btc crashes below 10k and eth below 300 usd, everybody saying you to buy right now will look like trolls that wanted you to buy overpriced coins. You trolls should never underestimate the bear market as we are not yet in the bear market. This is more like a pre bear market, bear market is btc below 15k - 20k at least.

Abiky

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Quote from: trendcoin on May 12, 2022, 04:21:00 PM

We went below $30,000 and altcoins took a really solid hit. I think every big price drop is a good buying opportunity. That's why I consider it fun to buy some coins/tokens during big market crashes. Because big crashes often bring quick fixes. That means quick profits.

Exactly. This is a huge buying opportunity that can't be missed. Critics will always say otherwise either because they don't understand how crypto truly works or simply hate it. Crypto is by far the money of the future, so there's more to it than meets the eye. I'd say we've gone back to 2018 where crypto market prices fell like crazy. If you're smart enough, you'd accumulate as much coins as you can right now to sell them once the hype goes back up again.

Bitcoin is the main mover of the market, so the moment it spikes in price, will be the moment other altcoins will blossom like never before. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts Grin

fortuner

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Quote from: Mozzart on May 12, 2022, 05:26:00 PM

Quote from: Woodie on May 12, 2022, 03:11:57 PM

It's a bloodbath out there for bitcoin and most altcoins out there, whatever has triggered this move is really scarring potential and existing investors/hodlers...but then again this is an opportunity to get people jumping in on this boat for some cheap coins.

Are we going to be getting any All time highs anytime soon with all these setbacks??

The situation is, of course, extremely bleak...
But the best days are ahead, the main thing is not to panic and survive the current market situation with dignity.
This is not the first time this situation has been ))

It's not the first time, but for those who are new, of course they will panic and fear the red market situation like today.
Whereas if we have more money we can take this opportunity to buy a lot.

Mozzart

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Quote from: Woodie on May 12, 2022, 03:11:57 PM

It's a bloodbath out there for bitcoin and most altcoins out there, whatever has triggered this move is really scarring potential and existing investors/hodlers...but then again this is an opportunity to get people jumping in on this boat for some cheap coins.

Are we going to be getting any All time highs anytime soon with all these setbacks??

The situation is, of course, extremely bleak...
But the best days are ahead, the main thing is not to panic and survive the current market situation with dignity.
This is not the first time this situation has been ))

trendcoin

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Quote from: S3300 on May 01, 2022, 02:33:54 AM

...
MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.

We went below $30,000 and altcoins took a really solid hit. I think every big price drop is a good buying opportunity. That's why I consider it fun to buy some coins/tokens during big market crashes. Because big crashes often bring quick fixes. That means quick profits. :)

Altryist

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Quote from: asyakashi on May 12, 2022, 12:08:17 AM

Many people believe the bear market we are facing this time is a short bear market, if 2018 we have to wait more than two years to see the bull market recover, this time it might be just a year or even less. In fact, in my opinion, project developers seem normal with the bear market this time, they are still focused on developing their projects ignoring market conditions, but will look for opportunities to get hype in various conditions.

It's hard to say now how long this bear market can last, but I don't think there's much hope that it will be short. History teaches us that bitcoin cycles last for several years, I see no reason why this time something can happen differently. I really expected that before the big fall, altcoins would be able to make the last leap up, and I expected this in May. It looks like I made a mistake and now I just have to wait for a new cycle.

Woodie

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It's a bloodbath out there for bitcoin and most altcoins out there, whatever has triggered this move is really scarring potential and existing investors/hodlers...but then again this is an opportunity to get people jumping in on this boat for some cheap coins.

Are we going to be getting any All time highs anytime soon with all these setbacks??

manok jepang

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currently the bearish season has lasted for a long time without any signs of the crypto market getting better, I think it is very difficult to determine where the crypto market will go next, but if you look at the current market movements, it is likely that the price of crypto specifically BTC will return fell like last year 2018,

Topic: It's the year 2018 over again (Read 1267 times)