It's the year 2018 over again - page 10.

Baofeng

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Quote from: diminizio on May 01, 2022, 08:09:57 AM

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.

I'm sure 2018 won't happen again unless it means bitcoin and other coins are completely wiped out, because some of the communities that I follow they have experienced a long bear market in 2018 and they believe that as long as the bear market will definitely bloom again, with that they will continue to grow. activity as usual in the bear market this time as if nothing had happened and the market seems to be in a stable condition.

What you mean it won't happen again?

Bear market starts when bitcoin goes down, and that is what we are seeing right now. So altcoin market will obviously follow the pattern. So of course, there is a light at the end of the road here. But it will take some time before we experience the next bull run. Bitcoin halving is the catalyst and it will happen again in 2024. So that is like 2 years from now. It is still very far, we have 24 months to prepare and fatten our wallets and buy cheap altcoins.

Jating

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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.

Yes, we are indeed in a bear market. For those who experience it in 2018, really hard to swallow because all of our portfolio is going down hard and we can do anything. Expect of course to get out and sell. But as I have said, this is a period of accumulation wherein you can take advantage because altcoins are very cheap. Buy solid projects and invest on them while the price is low and then HODL for the next bull cycle.

diminizio

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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.

I'm sure 2018 won't happen again unless it means bitcoin and other coins are completely wiped out, because some of the communities that I follow they have experienced a long bear market in 2018 and they believe that as long as the bear market will definitely bloom again, with that they will continue to grow. activity as usual in the bear market this time as if nothing had happened and the market seems to be in a stable condition.

GEMIN_M4

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Those of you using Dollar Cost Average how is it working for you so far? You can't keep up when all the market is doing is creating more dips, anyway, this is one of those times where we need to start buying, smart are those who are already turning their coins into USDT since mid-April, I did this because I believe that BTC is losing not so strong anymore.

Bitstar_coin

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Rise and fall has always been a big part of the btc market, if you are holding btc don't panick sell, just be calm and wait it out. You have made reference to 2018/19 bear market and after what happened? Btc came out even stronger.
Same period of bear market is probably happening again and I doubt any analysts can give accurately how low the price can go everything is under probability.
If you are holding some alts you fear might not be able to recover, you should probably consider selling, depending on how serious the team behind the project are working on the project.
Best thing to do with alts if you don't want to sell is stake or farm to accumulate more. Nothing else to do.

passwordnow

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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.

No one knows how this is going to stay. But what we're experiencing right now is better than what has happened on 2020 and 2021. Look how much the price of bitcoin on its all time low on those years. And for this year of 2022, we're still on a better low compared to those.
That's why even if we consider this as a bear market, the price of bitcoin is still up and above $30k. A quick reminder that every youtuber tells speculations as what we say that every price is possible for bitcoin, high or low.

Jackl87

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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.

I am not sure where the market will head to be honest after the last few months i already tought that the phase of recovery had started again but now it seems like we are going into a new downward phase again after the last week. I don't even wanna look at my portfolio now because it consists mainly of small cap altcoins and as most of you probably know those small projects always suffer the most when a bear market comes. If BTC should really go down to 30k USD then this would mean a price drop of around 25%. If this really happens then i think it is safe to say that small altcoins would probably lose at least 50% of their current value.

takngantuk

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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.

may be longer if the world economic situation has not completely recovered. Inflation is very high and there are problems all over the world, this is another reason why bear markets can last longer. and as you said bitcoin reaching 30,000 is still very possible. So brace yourselves, I personally prefer holding stablecoins in the next few months.

VRExpress

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Quote from: fzkto on May 01, 2022, 02:59:41 AM

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.

I don't usually listen to other people's opinions of YouTube bloggers, but there is some truth in what he said. Right now altcoins are at the bottom, but bitcoin continues to fall, which reflects worse and worse on altcoins. If bitcoin falls another 30%, it will be a disaster for altcoins. In that case the market will take a long time to recover.

Yes you are right but this is expected for those who have been around for a long time in the crypto space, when a huge all-time high happens a huge all-time low will follow, not instantly but with time, this is what keeps crypto in a good manner and good place to invest money..

danherbias07

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You watch too much prediction in streaming services, I am not saying it's bad because it will keep you ready for anything that could happen which is Bitcoin's environment. Possibility for a big dump or vice versa.
But think about it, there is a resistance in the range of $35k - 40k. That should mean something. Bottom for me is $35k and nothing more but events such as economical problems could make it lower. I say, most people are just making a fuss about the recent fluctuation when the truth is they are the one who is in panic.

Blowon

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So far cryptocurrency has always been a surprise, even if it is at a low point that many people think bitcoin will soon be abandoned in fact they are wrong. But I'm worried that with bitcoin going up every year, will there be any surprises in the future that will make bitcoin also go down like 2018? cryptocurrency cannot be predicted with certainty, 2018 could happen again, the most important thing is that we have prepared what we need to prepare.

Innerpumper

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But if you look at the condition of cryptocurrencies this year with 2018-2019, it is very much different, because when ATH returned in Q4 2020 we found that there were very many cryptocurrencies developments. if we look at this year, there are already many people who do not hesitate to face the bear market, they seem to think the bear market will not be worse than what was experienced in 2018, they are still growing as if nothing bad happened, NFT, metaverse, etc. are still growing in the bear market this year.

Tytanowy Janusz

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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.

30k is possible, 20k is possible, even 10k is possible as much as 50k and 100k in the next few months. All of those who tries to estimate what is bitcoin going to do next are fortune-telling type of guys. One is certain. Its not 2018-2019 and we should not explect symilar price action.

1- 2018 dump was afet 100x pump. In 2021 bull run was only a 17x pump
2- In 2018 we did not hit new ATH after 6 months
3- in 2018 we did not have global inflation around 7%
4- in 2018 we did not stand in front of possible WW3

kesmex

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Quote from: cheezcarls on May 01, 2022, 03:37:45 AM

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.

Ain’t a fan of those Youtubers who are doing something like that in their headline or even within their video. If you are in fear of seeing your coins going downhill, it’s better to minimize your losses by converting them to stablecoins until further notice, or until you feel that it’s a good time to buy. But that’s totally up to you. No advice here when it comes to price is perfect because it’s really unpredictable.

I think it's the right decision to make it a stable coin if you really want to minimize losses,
but again everyone has their own decision,
besides that it is also necessary to set a target time to sell and time to buy

bitjoin

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So you just believe what MMCrypto on youtube says. Influencer job is like that, he is free to say anything on his youtube channel, for me what he says can't be trusted, because I always believe in what is happening in the market day to day. If Bitcoin hits the $30,000 mark, the cryptocurrency market will crash even more than in 2018.

shinratensei_

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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?

I can't predict this. TA doesn't work anymore. This actually peg with the fundamental of market and global economic. Bunch of twitters boys have been made wrong TA about the bitcoin price prediction I will expect the same thing to happen with it soon.

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

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.

Pretty similar to what happened in 2018 but with the upper bottom. No one know whether this was a short term or long term bear market as the market still remain unpredictable for now. Some may say lon but the situation can change drastically to be long term bear. just prepare yourself for the bad thing that can come anytime from the crypto market.

FairUser

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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.

Yes, you have probably heard a lot of predictions about the future of BTC that it will drop in a short time and possibly fall to $30,000, but for me personally, a believer in this field, that is not the case the problem is too big as we have also been through periods of bull markets and there are so many opportunities to make money in different investment sectors. After many years in this market, huge losses and gains make me happy and always want to own more BTC and add ETH option in my portfolio, even if it cannot increase quickly, I found myself really grateful for what this market has to offer. As for my personal view on the near-term for the BTC price, I think people are ready for a $2000 increase/decrease range to view this market in a more favorable way for BTC.

$anounimus$

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In my opinion, it is good to see and read the current development of the Market, although data and information have also been conveyed by MMCrypto on youtube by making videos about it and various responses have emerged from people who say that it is not necessarily final. However, if the BTC Correction continues, BTC will plunge to $30,000 and $20,000 respectively. If that happens, the altcoin market will be locked and there will be a lot of coins being sold from the exchange. The number of coins sold would cause a number of coins to lose value, causing further panic in the market. Everyone knows what happened in 2018-2019 with the fall in BTC and ETH prices, some crypto projects will bleed so much that they will disappear.

cheezcarls

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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.

Ain’t a fan of those Youtubers who are doing something like that in their headline or even within their video. If you are in fear of seeing your coins going downhill, it’s better to minimize your losses by converting them to stablecoins until further notice, or until you feel that it’s a good time to buy. But that’s totally up to you. No advice here when it comes to price is perfect because it’s really unpredictable.

MFahad

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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.

I think the bear market will be not for long term. Because of Meeting on 5 May about inflation weay see little dump in Bitcoin to 34k $ but not for long term. Analysis show that Bitcoin are ready for long jump. We may see again 45k $ above may. It's all depend upon how market behave. Below chart of one influencers show that Bitcoin can pump soon.

Topic: It's the year 2018 over again - page 10. (Read 1267 times)