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Topic: It's the year 2018 over again - page 7. (Read 1267 times)

legendary
Activity: 2534
Merit: 1338
May 05, 2022, 04:36:24 PM
#84
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.
hero member
Activity: 1498
Merit: 702
May 05, 2022, 03:43:31 PM
#83
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.
In as much as I so much detest The bear market I always look at the brighter side, the bear market brings a complete red state for many crypto-coin and as always the bear market is a season that always pass by, but it is like a test that many fake coins, scam coin always fail, many of this low imitative coin takes the bull market to survive and get people in it, but the bull market comes by to put them in their place so the bull market is a season we shouldn’t really be scared of because it’s the genetical makeup of crypto-currency.
sr. member
Activity: 1190
Merit: 251
May 05, 2022, 03:29:18 PM
#82
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 can predict bitcoin perfectly, because this coin has no similarity such as other coins in the market, I still doubt Bitcoin will be at 30,000 $ in the near future, it does not mean that market conditions are in the correction stage showing that bitcoin will be at the lowest point, This is indeed there is no significant increase, but believe in the future market reactions will be quite different, things that are predicted before can change so fast.
hero member
Activity: 2716
Merit: 552
May 05, 2022, 03:26:02 PM
#81
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. However, I don't consider bearish yet not until Btc falls below $30k IMO and yeah most altcoins in the market will surely bleed.
2018 is one of the worst bearish run If not the worst of all, but look at how top alts are performing right now.
It's not actually the beginning of the downfall, that's actually a new opportunity for those who wish to buy crypto with a huge discount and huge return. That will also depend on your risk appetite.
Don't just settle for one source of crypto info, you also need to listen to other speculations and analysis.
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
May 05, 2022, 03:02:12 PM
#80
Yes, you are right because we was receiving short time bear market like 2018-2019 even i remember it was best time for ieo market. However, almost everything has changed in the crypto market, the ieo is now closed and ido market has been going on for some time. Anyway we always choose the best currency to invest in, so the bear market will come back very soon.
Technological developments have the opportunity to provide space for anyone to develop, because this really depends on how they can manage it well, we used to be very familiar with IEO but now it's closed by IDO, that's how technology development should go, try choosing a good currency and coin, so that you can invest what you're doing is really worthwhile and when the bullruns come back, get ready to make a profit
copper member
Activity: 2268
Merit: 539
May 05, 2022, 11:12:07 AM
#79
It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ 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.

MMCrypto might be a great trader or analyst, but i can guarantee you that Bitcoins won’t fall that low.
Minimum Bitcoins will hit 35k USD, not less than that.
And it’s of course a short term bear market if we observe the market correctly.
Bitcoin is struggling in between 37k usd to 47k usd from the past few weeks.
It’s only waiting for a resistance break, then again Bitcoin will start rising.
And who knows next time Bitcoins will cross 70k usd. So at the current price buy as much BTC as possible.
sr. member
Activity: 1936
Merit: 290
May 05, 2022, 10:41:27 AM
#78
Yes, you are right because we was receiving short time bear market like 2018-2019 even i remember it was best time for ieo market. However, almost everything has changed in the crypto market, the ieo is now closed and ido market has been going on for some time. Anyway we always choose the best currency to invest in, so the bear market will come back very soon.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
May 05, 2022, 10:24:01 AM
#77
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.

As it's always said, "history repeats itself". We're witnessing the events of 2018 where crypto was in a bearish period with no signs of recovery. This usually happens after a period of hype where investors sell their coins in mass to make a quick buck. Newcomers into crypto are the ones left in despair since they invested when crypto was soaring towards new heights. If only they knew how the crypto market truly works, they would've made profits even during a bear market.

Believe me, this is nothing but temporary as the best is yet to come. Bitcoin is predicted to go all the way towards $100k per coin, so there's a high probability altcoins will rise like skyrocket once that happens. Buying coins now would be the wisest decision to make. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my opinion Smiley
legendary
Activity: 1890
Merit: 1102
Free Free Palestine
May 05, 2022, 10:10:44 AM
#76
It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ 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 still believe this is only short term bearish. this is like last year where the market also crashed in Q1 and in Q2 the market recovered and returned to ATH. for sure the current situation is not the same as in 2018 or the crypto winter. many different things, one of which is institutional investors and adoption has increased very high. things have changed and people are more confident about all this. that's why a bear market won't last long. and one more thing, bitcoin won't go back to 30,000, because bitcoin's low point is at 35,000. this is the lowest price and the probability is also low to reach it.

I still have some doubts that the 2018 bear market will repeat itself but one thing I see differently is in investors. In 2018 when the market crashed, most investors panic sell and left the market. However, this year things are a little different even though the market is very bad, but many investors still put their full faith in the market and are very confident that bitcoin will soon rise again. Investor confidence in bitcoin is strong, so I expect there will be no repeat of the 2018 bear market.
sr. member
Activity: 728
Merit: 266
May 05, 2022, 09:53:43 AM
#75
Finally bitcoin is facing another jump again to face 40k rate after FED meeting. It seems bitcoin is trying to break 40k rate again and i hope that this will make people think that if there will be no 2018 pattern anymore. Bitcoin looks so strong at this moment too. You should not feel skeptism about bitcoin since this has become universal digital currency. More and more countries are just seeing bitcoin as an opportunity for sure.
This is the best thing that can be done by anyone. No dump but only pump soon.

               Yup, a couple of hours earlier, bitcoin had a good jump and retest. Too bad though we're back in the red again. But right now though, I am still feeling a bit optimistic that before the weekends we may see another up move before another drop as weekends happen. Might take profits before the weekends and open some short orders along with some buy orders on my take profit zones. I am pretty interested what will happen as June comes. I wish we'd get a good pump until the end of the year.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
May 04, 2022, 06:44:46 PM
#74
No doubt prices of BTC and altcoins are down but I don't think this will be the same as the year 2018 MMCrypto youtube channel may be analyzed right but due to institutional adoption the price of BTC can be up and altcoins prices will also up and we can expect Bullrun in 2022 instead of the bear market in the year of 2022.
I think what the MMCrypto youtube channel explained is very clear and it's true as you said also that the bear conditions will not be the same as the bear conditions in 2018 in the crypto market so there is still hope that everyone can hope for a pump that might be able to happened again this year.
hero member
Activity: 2366
Merit: 504
May 04, 2022, 06:39:52 PM
#73
Finally bitcoin is facing another jump again to face 40k rate after FED meeting. It seems bitcoin is trying to break 40k rate again and i hope that this will make people think that if there will be no 2018 pattern anymore. Bitcoin looks so strong at this moment too. You should not feel skeptism about bitcoin since this has become universal digital currency. More and more countries are just seeing bitcoin as an opportunity for sure.
This is the best thing that can be done by anyone. No dump but only pump soon.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
May 04, 2022, 10:37:05 AM
#72
Well, about the bloody downfall of Altcoins, indeed they are like that and indeed it is certainly true if bitcoin does drop again, of course it will have a big impact on Alt which cannot be separated from bitcoin.
but on the other hand if you really say this is just based on other people I actually don't like this kind of thing because this is indeed a speculation that he said and this is one of several possibilities that happened.
full member
Activity: 378
Merit: 167
betfury
May 04, 2022, 10:16:56 AM
#71
MMcrypto are those with titles on YouTube and your favorite influencers? I rarely stop by YouTube, just to see trending prices.
Cmc is still my favorite for a good picture.


What's interesting in 2018 is that many got big projects, especially for those who buy/invest, those who are patient in bearish conditions, of course, have the ability to calm themselves down, when prices are green.
I hope that by Q3 this year can change and make market sentiment not so long, in the context of price subsidies on the world market (bearish)
full member
Activity: 1204
Merit: 102
May 04, 2022, 10:06:49 AM
#70
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 still believe this is only short term bearish. this is like last year where the market also crashed in Q1 and in Q2 the market recovered and returned to ATH. for sure the current situation is not the same as in 2018 or the crypto winter. many different things, one of which is institutional investors and adoption has increased very high. things have changed and people are more confident about all this. that's why a bear market won't last long. and one more thing, bitcoin won't go back to 30,000, because bitcoin's low point is at 35,000. this is the lowest price and the probability is also low to reach it.
full member
Activity: 585
Merit: 100
Binance #SWGT and CERTIK Audited
May 04, 2022, 09:24:44 AM
#69
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.
Some of them actually tell the truth, but the predictions are not always correct, some of them who predict it with various technical analyzes are sometimes still not perfect so the guess is not right. What I got news lately is that bitcoin is still going down, seeing that the graph is still not strong enough to penetrate upwards. But I also hope that doesn't mean this will be a sharp decline from bitcoin.
legendary
Activity: 2758
Merit: 1228
May 04, 2022, 09:15:18 AM
#68
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.

2018 scenario will most likely not gonna happen since if we look at the current adoption state what bitcoin got on current and past years we can already figure out that this will give different output. Maybe chances for bitcoin to reach at $30k is there but the chance is slim so I guess we can see the price to recover after it dump to maybe $33k which I think the worse situation for bitcoin to be reached.
full member
Activity: 1382
Merit: 105
May 04, 2022, 09:08:41 AM
#67
 No doubt prices of BTC and altcoins are down but I don't think this will be the same as the year 2018 MMCrypto youtube channel may be analyzed right but due to institutional adoption the price of BTC can be up and altcoins prices will also up and we can expect Bullrun in 2022 instead of the bear market in the year of 2022.
full member
Activity: 1316
Merit: 126
May 04, 2022, 08:53:21 AM
#66
It's interesting to know about the market's present state; if the BTC correction continues, BTC will fall to $30,000. If this occurs, the cryptocurrency market will be shut down, and a large number of coins will be sold off the marketplace. What a blogger says, in my opinion, cannot be trusted; instead, you should always believe in what is occurring in the market daily, as this will allow you to determine if he is telling the truth or not. I feel that YouTubers are free in what they may say in public and that as influencers, they seek to make others believe, be confused, and be amazed by the content they create.
sr. member
Activity: 728
Merit: 266
May 04, 2022, 08:28:06 AM
#65
It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ 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 was honestly having the same idea but still, I am trying to be positive since the market seems to be undecided still. I just got buy orders filled on 37k+ area both on spot and on leverage. But if it does fall, I will have no choice but to adjust like DCA or cut losses on leverage. But on spot though, I am willing to hold throughout the bear season. I have already taken profits on some of my altcoins way back so I have quite a few stable coins prepared for DCA or for good buying opportunities on some altcoins that I have been keeping my eyes on, or just tp buy back some good altcoins that I have let go off.
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