It's the year 2018 over again - page 6.

xmonkeyx

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Quote from: S3300 on May 01, 2022, 01:33:54 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 think so, now the Crypto market has a solid community, the more Bitcoin and Altcoin Volumes are able to boost or hold the Bitcoin price from falling too deep.
now the price of BTC is indeed experiencing a decline but I don't think it will be too deep and will recover slowly.

tazmantasik

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Quote from: diminizio on May 07, 2022, 04:04:59 AM

Quote from: Victorik on May 07, 2022, 12:15:18 AM

It looks like the bear won't end anytime soon. A lot of fud going on and this is really affecting the market in the negative way. I think the war in Ukraine is seriously affecting the market. I personally had a lot of expectations for this year as far as cryptocurrency is concerned but anyways I think anything can still happen, the year is still early. Let me not conclude hastily.

I believe the bear market cannot be used as a reference as the cause of the long bear market, the fact is that the difficulty of global money flows forced them to transact with cryptocurrencies, some Ukrainian citizens received assistance from cryptocurrency exchanges, and there is still a lot of help being provided. I'm sure, there's no strong suspicion yet to turn the market into a bear, but I agree that the fud has started to spread a lot, the bear market is starting to show, I'm just asking are we going to experience the 2018 market again?

Still drop several altcoin and bitcoin keep dominance almost several days under $40,000 and highest price of bitcoin last week I think can't reach higher price, maybe bad news from United State make bitcoin impact drop and not get chance can reach to higher price again. Have be long term holding again with bitcoin and altcoin assets because we can't predicting when bitcoin will reach up higher price and take much profit again as usually and hope bitcoin can reach above $50,000 agan.

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Quote from: Victorik on May 07, 2022, 12:15:18 AM

It looks like the bear won't end anytime soon. A lot of fud going on and this is really affecting the market in the negative way. I think the war in Ukraine is seriously affecting the market. I personally had a lot of expectations for this year as far as cryptocurrency is concerned but anyways I think anything can still happen, the year is still early. Let me not conclude hastily.

I believe the bear market cannot be used as a reference as the cause of the long bear market, the fact is that the difficulty of global money flows forced them to transact with cryptocurrencies, some Ukrainian citizens received assistance from cryptocurrency exchanges, and there is still a lot of help being provided. I'm sure, there's no strong suspicion yet to turn the market into a bear, but I agree that the fud has started to spread a lot, the bear market is starting to show, I'm just asking are we going to experience the 2018 market again?

barbara44

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Quote from: S3300 on May 01, 2022, 01:33:54 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 wasn’t just only 2018 to 2019, the bear market back then continued till 2020, and getting to the end of 2020 was when the price started to become a little bit bullish, and then in 2021 it became fully bullish.

So, that’s like three to four years. And this time around we do not know for sure how long it is going to take, it must also take the same three to four years before we see another huge bull run take place in the market. So, for now it’s likely that the market is going to be bearish. Now it’s just perfect time for those people who would like to start investing at a lower price.

Victorik

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It looks like the bear won't end anytime soon. A lot of fud going on and this is really affecting the market in the negative way. I think the war in Ukraine is seriously affecting the market. I personally had a lot of expectations for this year as far as cryptocurrency is concerned but anyways I think anything can still happen, the year is still early. Let me not conclude hastily.

lablab03

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Quote from: S3300 on May 01, 2022, 01:33:54 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.

stop listening to them coz if the history will repeat itself this year for sure there's a significant theory for the current situation especially from those real experts about the crypto market not those only that so called experts around the internet for example in youtube which is mostly are click bait just want to take advantage the situation to get views. Don't easily trust to prevent panic, if i were you seek for more information instead to get more specific answers for the situation.

fortuner

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Quote from: adiebitsler on May 06, 2022, 10:14:03 PM

Quote from: viananda2525 on May 06, 2022, 07:43:21 PM

only big negative news that could make drop direct in one step, maybe its been happen in 2017 - 2018 which fud from China very effective to shake market. we still remember how market reaction while China's government decided to ban crypto in their country, strong bearish candle form continuesly in days and weeks. market sentiment will give huge effect to market ,when it turn positive or negative market will give various effect.

Now what is the thing that makes the market can fall in just a matter of hours other than the fud problem? so that almost some people panicked because it happened without any direct news and I was also very surprised when I saw the dump that just happened in the market.

,

I was surprised yesterday morning when I saw the market turned back to last month.
But at the moment we can only hope that this drastic market decline will end soon.
Because it is almost half of the capital I feel I have lost my assets that I have been maintaining.
Even though yesterday the market had a positive aura again, but now it's down again.

bitjoin

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Quote from: ringgo96 on May 06, 2022, 11:14:41 PM

Looking at the current state of the market, it is already seen that the bear market we have been living, every day the value of crypto is decreasing, especially the value of bitcoin, but the decline that occurs is not up to the lowest extent as in 2018 and this will not last long until the next few years, but this is just a prediction and we see from the development of crypto today then the trust depends on our respective beliefs.

Why panic, bear markets provide an opportunity to take profit, the decline in the value of Bitcoin makes the value of Altcoins also fall. Although not entirely, the cycle that occurs always follows the flow of Bitcoin. What happened in 2018 was the worst decline ever, bears will not last long, immediately enter the market to have some coins that can give profit when the bulls come.

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Looking at the current state of the market, it is already seen that the bear market we have been living, every day the value of crypto is decreasing, especially the value of bitcoin, but the decline that occurs is not up to the lowest extent as in 2018 and this will not last long until the next few years, but this is just a prediction and we see from the development of crypto today then the trust depends on our respective beliefs.

adiebitsler

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Quote from: viananda2525 on May 06, 2022, 07:43:21 PM

only big negative news that could make drop direct in one step, maybe its been happen in 2017 - 2018 which fud from China very effective to shake market. we still remember how market reaction while China's government decided to ban crypto in their country, strong bearish candle form continuesly in days and weeks. market sentiment will give huge effect to market ,when it turn positive or negative market will give various effect.

Now what is the thing that makes the market can fall in just a matter of hours other than the fud problem? so that almost some people panicked because it happened without any direct news and I was also very surprised when I saw the dump that just happened in the market.

viananda2525

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Quote from: lalabotax on May 06, 2022, 04:59:06 PM

Quote from: S3300 on May 01, 2022, 01:33:54 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 seems that the market trend is dropping. I know that the price of Bitcoin so far didn't drop significantly once. But it dropped step by step by touching certain support and then it will drop again. although sometimes the price can go up again, in fact after that, it will exactly drop again much more than previously. Yes, maybe this is the beginning of the bearish trend.
But, it is still unpredictable because now there are many FUD and FOMO that can bespread very easily

only big negative news that could make drop direct in one step, maybe its been happen in 2017 - 2018 which fud from China very effective to shake market. we still remember how market reaction while China's government decided to ban crypto in their country, strong bearish candle form continuesly in days and weeks. market sentiment will give huge effect to market ,when it turn positive or negative market will give various effect.

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Quote from: lalabotax on May 06, 2022, 04:59:06 PM

Quote from: S3300 on May 01, 2022, 01:33:54 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 seems that the market trend is dropping. I know that the price of Bitcoin so far didn't drop significantly once. But it dropped step by step by touching certain support and then it will drop again. although sometimes the price can go up again, in fact after that, it will exactly drop again much more than previously. Yes, maybe this is the beginning of the bearish trend.
But, it is still unpredictable because now there are many FUD and FOMO that can bespread very easily

the possibility is always there but we can't ignore the fact that the adoption today is very different as compared to way back in 2018. it may drop to 30k again or can go up. no one knows. but if it will continue to go down, why not grab this opportunity for those who are waiting this price level? as we know, it is only a matter of time before we see the bitcoin's price rising up again.

lalabotax

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Quote from: S3300 on May 01, 2022, 01:33:54 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 seems that the market trend is dropping. I know that the price of Bitcoin so far didn't drop significantly once. But it dropped step by step by touching certain support and then it will drop again. although sometimes the price can go up again, in fact after that, it will exactly drop again much more than previously. Yes, maybe this is the beginning of the bearish trend.
But, it is still unpredictable because now there are many FUD and FOMO that can bespread very easily

RealMalatesta

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Quote from: lombok on May 04, 2022, 12:27:31 AM

I am a person who believes that history will repeat itself in the crypto market. Where we will experience a decline after touching ATH. But for how far the decline I do not know for sure, but I believe we will experience a decline from here. And I am sure that the timing will be the same as before, which happened in 2018-2019.

Of course a bear market is not a bad thing, it could be a bear market is an opportunity. There will be a lot of analysis work later to choose and buy coins such as BTC, BCH, BNB or other potential coins as future investments when the price drops.

I do not see a fall like 2018 to happen. I mean people are forgetting how bad that was, we dropped from 20k to 3.5k in bitcoin, and that's just bitcoin, ETH had a drop from 1.470 to 80-90 dollars as well, that is more than 90%+ drop. Do you really believe that the same thing could happen today as well?

I really doubt it, sure you could call a drop from 68k to under 40k as a bear market, and we even saw under 30k last year for a single day, so it could go down there again. However as long as it recovers and doesn't keep going down then I wouldn't call this a bear market. It needs to be like bitcoin at under 10k and ethereum at under 400 in order it to be similar to 2018 for me.

7788bitcoin

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Quote from: Oasisman on May 05, 2022, 02:26:02 PM

~
Yes we are. However, I don't consider bearish yet not until Btc falls below $30k IMO and yeah most altcoins in the market will surely bleed.
2018 is one of the worst bearish run If not the worst of all, but look at how top alts are performing right now.

Every bear run we had till now was brutal and the price correction was too steep not just in 2018 but before that as well. Considering that we have not bleed that much when i write this but i am expecting the same kind of bleeding during a bear run. The reasons for the correction might be different but we will see a grand correction in the coming months.

Quote from: Oasisman on May 05, 2022, 02:26:02 PM

It's not actually the beginning of the downfall, that's actually a new opportunity for those who wish to buy crypto with a huge discount and huge return. That will also depend on your risk appetite.
Don't just settle for one source of crypto info, you also need to listen to other speculations and analysis.

You can view every correction as an opportunity but what is different is that the market is behaving like other financial markets where a negative financial news could impact here as well which i think is not a good aspect considering we are seeing this as a store of value and now it has turned into a market of speculation.

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Quote from: boty on May 05, 2022, 05:55:47 PM

Quote from: Shamm on May 05, 2022, 05:03:34 PM

If the price of bitcoin is still lower and lower for sure many people will read to sell their coins because they are thinking that these are the price until the future. But we must think that all of these are going through and the price will rise soon. All we need is do not to panic and balance our decision in order to fail. In my own opinion bitcoin will recover like what it did in the past year.

its a normal cycle that happen in cryptocurrency market, price will goes up and goes down based on market sentiment that currently released in market. if we are long term investors, accumulating bitcoin when it in high volatility could make our bag full, and it couldbe good preparation for next halving.

Dont know on why people do really still get surprised everytime that price do really make out some decrease and freaking out that this is the same on past years that do happen.Im not saying they are wrong
or even right but we should really stick out into the idea that this market is really having that unpredictable kind of behavior in terms of its movement.There might be someone who do see some similar
pattern just like on past years but actually it isnt something similar but rather it is just the typical or normal days here on this space which as a crypto believer and supporter then
you should bare on whatever situation you might faced on.

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Inflation higher than it’s been in 40 years, and that's the reason for the ongoing market decline as FED keeps increasing the interest rates. It further mentioned, the interest rates will be raised again. Any decision made by the Fed will affect bitcoin and the crypto space, ans thats what we're experiencing now. It looks like a short term market decline. If questioned, will this be another 2018? We don't know how changes gonna happen in the market. Already most of the altcoins have marked a decline of over 5% and if this goes further it can be good time for accumulation.

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Quote from: Shamm on May 05, 2022, 05:03:34 PM

If the price of bitcoin is still lower and lower for sure many people will read to sell their coins because they are thinking that these are the price until the future. But we must think that all of these are going through and the price will rise soon. All we need is do not to panic and balance our decision in order to fail. In my own opinion bitcoin will recover like what it did in the past year.

its a normal cycle that happen in cryptocurrency market, price will goes up and goes down based on market sentiment that currently released in market. if we are long term investors, accumulating bitcoin when it in high volatility could make our bag full, and it couldbe good preparation for next halving.

Shamm

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If the price of bitcoin is still lower and lower for sure many people will read to sell their coins because they are thinking that these are the price until the future. But we must think that all of these are going through and the price will rise soon. All we need is do not to panic and balance our decision in order to fail. In my own opinion bitcoin will recover like what it did in the past year.

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Quote from: Silberman on May 05, 2022, 03:36:24 PM

Quote from: S3300 on May 01, 2022, 01:33:54 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 sincerely doubt that this bear market is going to be as bad as the one that we saw during the crash of 2018, things have improved significantly since then and this means that even if the decrease in the price that we saw was without a doubt important it is not going to be as catastrophic than what we saw back then, however if you believe that is going to be the case and you are worried that bitcoin will suffer the same fate and its price will keep going down then sell your altcoin holdings and keep that money invested in bitcoin instead.

Same thought, The 2018-2019 market crash is just more brutal than what we are experiencing today, The charts I follow doesn't show that kind of massive fall like what we experienced before. I believe that bitcoin would recover from this state and will consolidate again.

"If ever" a massive crash happen, People will panic for sure and many lives will be ruined especially newbies.

Topic: It's the year 2018 over again - page 6. (Read 1289 times)