Topic: Market is about to pump (Read 726 times)

FUDs can still be a big factor affecting the market trend. And as long as we are hearing negative issues, not only in exchanges but also in social media, we really expect more dump of price. However, it was not the thing we have to focus on but have to look for another opportunity while the bear market is dominating.
Reaching the price of Bitcoin to $10k is probably the worse scenario in this bear season. But I remain calm and enjoy watching the candle stick.

It seems that the price is moving between 15k and 16k and I expect this to remain true for some months, however I really think it is possible we are going to keep hearing about other exchanges being near a complete collapse, and this is because many people are scared about what it is happening and they are withdrawing their money from exchanges, and if those exchanges were in a bad shape before then it makes sense that after so much money is withdrawn they will face an even more difficult scenario and they could collapse at any moment.

For now, I'd like to see the fall continue for a while as I wait for the best price to buy. I have been waiting for a fall for a long time, but I confess that I did not expect that the fall could be so significant, and probably it would be possible to buy already, since yesterday it is clear that a reversal has begun, but I think that this may be a temporary increase and after that the fall will continue.

Well the market may be about to dump but still I absolutely think now is a good time to invest in Bitcoin. The market is down right now and if you have the extra fiat I think it's a very sound investment.

Bitcoin has always had corrections but afterwards it consistently rebounds and reaches new highs year after year. I would just say be patient with your hold because BTC will inevitably hit 100k , it's just hard to say if it will be in 2023.

sometimes it seems as if we are forcing our feelings, with too much confidence, we should also be able to think logically, so that in investing according to the strategy that has been made and applying diversification. let's say we never know when a pump will occur, but the bullish season will definitely come, and of course we already have assets that one day can be harvested, that way we don't worry too much about news that isn't necessarily clear.

When we make predictions it is important to not let our personal feelings cloud or judgment, I think that given the circumstances many people and I include myself there would like for the price to recover even if a little bit during the next days, but we need to face the reality and accept this will not happen, people are still in a state of panic and there are a lot of rumors circulating about the possibility of other exchanges having problems since the fall of FTX, and until people calm down there is no hope at all for a pump to happen.

I agree with you, market needs time to price in the sudden and unexpected collapse of FTX which I think has not happened yet. Bitcoin is consecutively making red candles on weekly chart & it even broke 16K this morning & fell down to 15,888. In such depressive situation no pump is likely to happen in the short term unless we hear some good news about inflation which will be good for all financial markets including crypto. In the meanwhile we should take advantage of this opportunity & continue accumulating good coins.

seeing the current condition of cryptocurrencies in general basically having two crashes within short amount of time, bullish run is the last thing that's definitely gonna come.
if you already make some accumulation, best course of action is definitely just to wait it out until the circumstances changes in term of the current trend, maybe the next bullrun could come in 2024 and that's like already good enough if the bullrun really comes.

Now the best tactic is to continue to strengthen portfolio with a top cryptocurrency.Only the patient ones will get a good profit in a year or two.During this period,the market should be cleared of various dubious projects,of which there have been a lot over the past few years.

The market condition is still unsure. Just remember that volatility is still the big factor when investing if you understand the advantage and you know how to work with your investment.

Not an easy task as there are many factors that will move the market on the side that we
are not sure will favor your position, but be patience and wait till it reaches your target, that's
the best thing to do for now.

I agree, we haven't touched 2023 which is predicted to be darker than the crises that have already occurred.
The fear of a recession is causing investors to withdraw their money from the stock exchange. Also, Bitcoin has the potential to touch 11k - 9k according to CME's Bitcoin Future analysis.


Incidents like this cause market injury that cause deep trauma for investors. it will take quite a long time to heal confidence in the market.

---

I think 2023 will be a long Side Way for Bitcoin. Is it an opportunity?
Yes, we have to start preparing an investment strategy to accumulate bitcoins in our wallets.

In the current state of Bitcoin, the possibility of a pump is very unlikely.  But if you hold on, there is a possibility of getting it. If you know how to invest, then definitely pump.  You invest in a token that has a manager and many others.  And besides, of course, you need to know about kipte well and understand trade well, only then you can be successful before you can't be successful.

Long term predictions can be quite difficult, we know that bitcoin is going to reevaluate itself against fiat over and over again, but we do not know how bad the economy will do during that time, for example even if the inflation has been high since the pandemic ended at the same time the economy has not been in as poor of a shape as I thought it would be, however if at some point governments lose control of the economy and we face a scenario of hyperinflation then the price of bitcoin could surpass our expectations about its value by a significant margin.

I agree that bitcoin will definitely grow, but we are above that "nobody will buy things online" stage already, it’s not at a point where it is doing that great or terrible, it doing alright for now. That is why I believe that we should be hopeful about the future of bitcoin too but we are not at that low level, we are above that already.

This means we will grow, and grow a lot in the next 20 years, but maybe not that much. I am sensing by 2030 we will be 500k by 2030, and by 2040 it could be 1-1.5 million dollars, because above that it would be quite difficult. Not that it’s impossible, but would require a high amount of inflation again and again.

Are you talking about projects that SBF and Alameda have invested in?  they have invested a lot in different projects, it can be said that the top projects on CMC all have their investment. But I agree with you that no matter what coin SBF has invested in, in the current situation stay away from all altcoins, focus on bitcoin and maybe ETH as 2nd choice. The bear market is not over yet and we are a long way from halving and it is impossible to know which coins will crash next, so stay away from all altcoins.

Dumps are really inevitable and that is why we should always be prepared rather than get surprised.
So, instead of focusing on checking the market trend daily, we'd rather make use of the time to buy more and make it ready for Bullrun. We know we can't do anything with the current situation aside from holding and avoiding panic selling as this will help the price not to dump more.

Owning crypto is like having your own money factory. And if you're smart enough, you'll quickly realize that money doesn't just flow. Of course, it's natural to be concerned about the performance of the money you invest. But as a crypto trader, you shouldn't let your emotions overwhelm you. Cryptocurrencies and blockchain technology will remain. Think back to when people doubted that bitcoin was down and what did you think of when the market recovered?

People were saying that nobody will use the internet for buying things, but 20 years later people are buying stuff online more and more. Internet, cars, and some other things had the same beginning, people couldn't accept there's something revolutionary is happening, and no matter how strongly you are holding to "old is better and more trusted" sooner or later you will be run over. I think that the same thing is happening with crypto, it will take time for adoption on some higher scales, but that is coming. Like you I am not sure that we can predict the bottom, the prices can drop more... and who knows when the market will get some boost, probably after the next halving. I am trying to not even think about that stuff anymore, simply holding and waiting will pay off eventually.

This one right here is a great example that nothing is impossible and it can explode no matter how long will it take. It's all about thinking long term and holding on to it. However, that is not always the case though because in the world of cryptocurrency, you cannot really predict very well. Anything could happen whether if it goes crashing without warning.

No guarantees either if the market is about to pump. Same thing goes if we're talking about the "bottom".

Judging from the current encryption trend, it will continue to be in a downturn, and it is unlikely to rise. Bitcoin price increases are most likely to occur during the block halving period. We seize this opportunity to continue to accumulate, and we will profit when the next bull market comes.

You are absolutely right that we need to stay away from Sam's coins because  their recovery won't be so easy . The current bear market is an excellent opportunity to accumulate  Bitcoin and Ethereum  as both are fundamentally very strong coins. Though current bearish phase seems very severe & we have witnessed consecutive collapse of many big projects like LUNA & FTX but it will definitely end & we will see new ATH of Bitcoin & Ethereum in future.

It is not an easy task and for that, we must continue to learn to find as much news as we can use as comparison material and that will certainly be useful for us.
Some traders are often not ready for the correction phase, so they panic and lose concentration to keep analyzing.
This usually happens when the market suddenly moves in the opposite direction while we gather outside news.
We have to understand the time to enter and exit the market so that we can decide and even if we are a little late, it will be okay because the decisions we make are based on the information we get.

It was been known to us OP that the market is about to pump but to ask when? That is absolutely nobody knows. People are expecting it after halving and it was based on the previous bull season. Of course, I believe in a such thing because I've experienced it as well.
Yes, we still see a few pumps of price in the market today, and yet, not exactly the time to say it will continue to rise. It was just normal market interactions and that is what we called volatility.

2020 uniswap madness was laced with many scam coins that took our precious ETH to unknown land, but thank God for UNI airdrop that came when the game was on, some of us got lucky because we were helping fragile hearts to trade with our own wallet. Currently, testnet and some airdrop and using some protocols will pay off in the days coming.

If this exchanges drama ends now, then it is possible that we will see recovery in the market. As DXY is dropping which is positive for crypto market

Sure! But stay away from sam's coins

There are different factors that make the prices of crypto drop down. Even the global economic situation has a huge impact on it so we can't question why the prices of continuously dropping. However, it's a good chance for us to accumulate this season so when the prices pumps, we will be able to reap what we sow. It will still take time before the market recovers so it will need us to have patience and hold until the market reaches a better situation.

when viewed from the chart and technically, the price of Bitcoin and altcoins is already at the bottom, but we also have to know that the current market sentiment is still very bad,
because several major cases of the fall of FTX, LUNA and Celsius also affected the market,
we are know market cap from the FTX exchange cannot be considered small because indeed the influence of FTX can also be said to be influential,
and can make many exchanges go bankrupt too, so the market can be a dump to $ 10k. but I'm still sure the pump is getting closer, it's just that we have to be patient again.

The correction phase is the thing that each investors needed to follow. If you managed to understand the flow, then the chance
of a making a good amount of profits is possible.

It's not an easy task and needs to have lots of knowledge to assess and anticipate the
next market run, you need keep following the news and how impacted it is when
it's been released.

There will always be a growth phase, whether a decline or an increase, so that will make the price go up and down more often.
We have seen what happened yesterday.
After a decline, the price increased again and this has been happening.
But there will be a correction period to come so that lets us use it to buy more at a lower price.
And times like those are also great buys for people looking to use bitcoin as a long-term investment.

Yes, the recovery period is not coming anytime soon. However, now is a good time to buy potential altcoins during the market decline, and we don't have to miss this opportunity. Bitcoin has been proven many times over the past decade to be the most promising asset, especially since the Bitcoin cycle is coming, at which point the price should rise and even reach new highs.

As investors people need to prepare themselves for every single eventuality that we may face, maybe another dump in the market appears or maybe it does not but whatever the case we need to be ready for it, after all how many people expected for the FTX exchange to declare bankruptcy so fast after the market turned against it? And while it was impossible for myself and many other investors to predict what it may happen I have been relatively unaffected by this dump just because I am a very cautious person.

I see general misconceptions and misuse of words as the title of this thread does not correspond with the message in ops. First I don't want to believe that we still have users who do not have adequate knowledge of Bitcoin and the entire cryptocurrency market, and they tend to relate and associate bitcoin with some Ponzi bubble that is about to burst. This is why so many newbies have the wrong knowledge that made them jump on any project that promises 100× return and jump in on Bitcoin when the price is high and when it dropped then they begin to call it a bubble since there will be loss a huge in the process. We need to have basic knowledge of the subject matter of cryptocurrency and how the market work as an investor, or a trader.

I still think that before the growth phase, the new bull market, there will be another final dump, quite a significant one, when it happens and what will precede it is difficult to say, but I think it will not be long to wait. In any case, if you buy bitcoin for long-term investment, then even the current price is good for this, and if you rely on a fall, you can always buy more at a lower price.

I also think that the bitcoin price will not get any pumps shortly.
But even so, bitcoin will still be ups and downs so we can use it to buy and sell at low and high prices.
We can make it as a way to make a profit but it requires more analysis to get the right time to buy and sell.
And you have made a good decision to become a long term btc holder in this situation and I also suggest the same for those who want to invest in bitcoin.

don't expect market behavior at the end of the year, because it didn't happen at the end of the previous year. as long as we are on the right coin and have the patience to wait for the bullish season to come, then we will get as expected. Pump season is the season we have been waiting for, but we also have to be able to take advantage of opportunities, don't let us miss opportunities, because there are many stories of greedy people who actually experience losses after the pump is over.

It's not going to pump at this time with the current circumstances around the market but I am long term btc holder with some sats secured on my wallet.We are already entering the end of this year and things are not going well as expected and if you see some pumps then it might be normal investment but the actual bull market is still away so hold onto your nerves if you can without panicking in the current time.

Crypto currency definitely not going to experience any massive bullish pump this year, and the year is coming to an end. The market is bad and there have been glitch which have deceived so many traders into thinking about the long green candles that the market have start pumping, only to wake up one morning and discover that it's glitch. It trapped traders because they mostly fall for it unlike the experience traders who knows the tie and knots of the market and how the market operates. Exchanges are also some major causes of loss of coins, they list scammed token without proper research and when the coin starts dipping, they immediately delist it, all this point out to traders funds that's been liquidated.

I don't see any possibility of pump anymore this year. Many things have happened in the crypto market and it has hindered the pump that is supposed to happen towards the ending of this November.
All these happenings at this time are planned and they are playing out as planned. I am sure that more drama is going to happen before the end of this year.
Almost all the exchanges are crooked in one way or the other. Do not trust them for large portion of your money just hold your money yourself.
Not your Keys, Not your Coins

Market conditions bad now. I think, Many investors losted Their money. I hope crypto Will pump very closer on 2023.

I don't think you read my post. I understand how ta is supposed to work, and there are ton of of different ways and technics how people are using for it. I was talking about probability, and track record, not facts. But that's the issue with probability, people don't understand it they see only if prediction has been right or wrong and probability is a huge spectrum of possibilites.

I don't know exactly what you mean by TA being true or not, they are just data, using history as a prediction tool and trust that market movements have a possibility to "rhyme" with the past data.

For sure, the future is upon us. However, how are you so sure the market is about to pump? I mean, I am also long-term bullish on cryptos and I would love to see it part from all this bloodshed that has been going on

At least it seems that we are hitting a bottom for Bitcoin, so that can be a sign that the Bear market is coming to an end. But that doesn't mean that we will see a bull market right after. Rather than that, I do believe that we may now be diving into a long accumulation period and some spikes here and then might happen.

Emotions really affect the situation inside the market, many are fearing with how the market will behave in the next upcoming months,

the chance of seeing more fall than the potential of bouncing back is not being foreseen due to a lot
of influence coming from the world economy, and with news about current events that really creating
more fuds and shaking the investors' and traders' trading positions.

Maybe you are right but I don't think it is all about FOMO because the current economic situation has also a huge influence on us.
I was already prepared for the possible drop and makes me not worry. However, we couldn't neglect to see the rise of panic selling because at the moment that Bitcoin will drop more, emotions and negativity will tend to rise as well bringing to such market events and big sell-off. May the trust will get affected for new investors but for us who have been here  in crypto for many years, this is not surprising anymore and we are willing to hold.

Yeh we know that it's a very hard time for all Bitcoin investor/holder because Bitcoin performance for this year is totally too bad and BTC it's bottom too but due to Luna fud and now FTX bankruptcy create too much negativity most of small invester afraid from these ancident and they pull out all his funds from Bitcoin and the reason we got dump and dump in Bitcoin this year . But all these are junk and removed from crypto soon crypto will clean and safe and we can expect they BTC will show huge pump after all

I believe market is about to fall more BTc can hit around 10-12k alot of FOMO had already been created first being Gala TRX and now with FTX these Week is just really bearish although with time Crypto is losing it's trust for investing even we can't trust anyone Centerlized wallet are also not safe their are alot of news like Hack and stuff like that
The Total Volume in the Market are keep Decreasing the Asian country are just Hurting the Crypto by implementing taxes Inflation is on all time high right now

Yes thats true. There are fear everywhere and look what these particular events suddenly become a huge factor on the overall market. The crash on Luna shows that not all are permanent and can change eventually. We are only riding on the flow of finances. But rest assured that this isnt gonna go down at all. There are lots of ways on how we fan recover, its just that recession hits really bad thats all and affect different industry.

With everything happening within the Crypto space, it’s unpredictable with all that uncertainty with the regulations behind the behind-the-scenes of every exchange. There is because, knowing FTX and seeing it as a number two for quite some time, anything could happen with the crypto. We need to be careful about How much we are going to invest.

Before investing in a project, you need to have as much information as possible. The more time you dedicate to research, the better your investment will be. To help you for your researching, below are some tools you can use.

For tokenomic info: CoinGecko, Cryptorank, Coinmarketcap.

For active user's info: DAPPRadar

For TVL, Revenue, Treasury: TOKENTERMINAL

For social media sentiments: LunarCrush

For vesting info: vestlab

Many are dismayed with the current market now, but for everyone who wants to recover their loss, It is the best time to buy btc and other alts, it is surely that it will going to pump a little, but we don't really know if the btc already break the support. let see.

That's exactly what whales and a few small traders do not get affected by these seasonal waves. It was never expected that prices would go down to this extent, and everyone was waiting for an important rise period until the beginning of the new year, but what happened with FTX carried with it completely unexpected repercussions.
This will take some time before the market recovers again, but there are no assurances that prices will return to the same level as they were before the crisis.

It seems to me that apart from the bad news, the FTX scam is now playing a bad role. This event alone is having a terrible effect on the entire cryptocurrency market. This is not the first major bankruptcy to affect the market this year. The fall started with the collapse of LUNA. Remember how long it was dragging on. And now the impact will be even greater because one of the largest exchanges went bankrupt, and I am sure the market will not recover quickly.

The market is currently frustrated because of the hope for rising in November so that I can be calm when I see the remaining world cups in a week now turns out to change, the market drop is more than 20% and makes many assets I have also drop, now not much can be much We do, just waiting for a good moment to be able to sell.

Actually a lots of whales are trying to manipulate the market. Ive been seeing a lot of bad news and these served as a big factor for shorting so whales are taking advantage of those to hardly short to liquidate a lot of retailers. It simply luring them and suddenly will pump different tokens slowly and luring again traders that it will pump. Its like they are dictating what wouls happen on a price of certain token.

This is the safest answer currently because the market is not really looking well nowadays and we have some bad scenarios that affect the crypto market as well. If you prefer to hold your crypto assets for the long term, you can give it a try because people's speculations are high when it comes to the next bull runs, there is a higher chance that will occur after the next bitcoin halving. In other cases, sometimes the price of some altcoins in the market will rise due to a sudden surge in bitcoins price even though the halving season is not yet happened.

You should understand too how TA works or atleast have the basic knowledge on it because you will determine if the analysis is true or not base on the data they are providing. Some TA analyst is always posting bias analysis by getting the signal that they want on the time frame which they can see the signal even though the general trend is against it.

It's right to not trust anyone TA but it's not bas on reading some of it because they might a chance they are giving a correct signal that you can verify if you have the knowledge to understand it.

If you don't trust the idea of TA that's ok, there are ton of people not believing you can predict anything from that. But in theory same idea of probability applies to all markets that are mature enough. People are using it for newer assets then bitcoin or eth.

I am not sure if you followed my link as i gave a link to a person who literally did that.

Because they DON'T know it. It's based on probability, and it's a low one. You wouldn't bet your house when you are gambling on sports, even if the odds are good.

Technical analysis if you use them in stock market maybe it will work but in crypto I believe it is useless. I would like to ask if there is any analyst who can analyze the drop of bitcoin or FTT token in the last crash? I'm sure no one can guess. It's funny when someone says that by looking at the chart they can tell that bitcoin is going to drop to that level. If the prediction is so simple, why don't they just sell their house and invest it all in bitcoin? He will get rich quick instead of giving analysis to other people and telling them to buy.

The important thing is that we don't get caught up in what they say, so we can anticipate situations that can turn around at any time. Don't worry, bullish conditions will come again and we must be prepared for their arrival because bullish conditions can come anytime. And now, we can buy a lot of potential coins, which can give us profit in the future, especially when the bull market is coming next month or next year. And even though there will be a long recession, we shouldn't worry too much because we have prepared well for it.

There are many cryptos and not all of them will recover once they started dumping so better if we will be specific when we say it but it's great that you mentioned btc. Yes, btc is different from those other bubbles because btc value will always recover no matter how low it value gets.

If you think alts only depend on btc then why not invest on btc instead? Or you can also invest in altcoins but you better allocate more in bitcoin so that your btc and alts will pump together. We are in a downward economy and people are budgeting right now but once this passed, there will now be people who will start investing in cryptos again, so don't worry.

Though FTX turmoil was a black swan for crypto space, but history of Bitcoin vindicates that market always recovers from such incidents. The market looks stable now and Hopely, we will see Bitcoin starting upward journey from next week.

The second scenario drawn in your post is likely to happen in 2023 when all financial markets including Bitcoin will start performing because FED is likely to pause increasing interest rates and moreover so much technological development is taking place in every sector of crypto industry from DEFI, Metaverse to NFTs as well as its popularity is increasing among youngsters worldwide.

Our biggest enemy is FUD which is still widely scattered plus there will be a long recession that occurs in 2023 so everyone must really sell a lot of crypto assets only a few people store assets here. Unfortunately bullish is too short because FOMO news is already hard to find.

I think these are two different questions. First, now when we talk about Amazon, maybe think of the ubiquitous online retailer that has exploded for two decades. Last became one of the largest companies in the world.

But that wasn't always the case—Amazon was once a small startup with no guarantee of success. If we fast forward like now. At that time it was hard to believe that it was possible for a company to grow so big and so fast in such a short span of time.

Back again to crypto. I think there are two ways to look at the state of the crypto industry over the next few years in 2023 or beyond. One is that it will continue to grow and develop, leading to many new opportunities for investors and companies. The second is that it will deflate significantly after a long period of rising prices and unrealistic expectations.

This seems like the correct way to look at things to me, I know there were some investors which were expecting some sort of recovery at the end of the year, and they had a point as the price of bitcoin finally surpassed the 20k barrier and the outlook of the market was positive, but after the collapse of FTX and its token and the adverse reaction we saw in this market then it is almost impossible we are going to see the recovery that people were expecting out of the market.

I agree, I think the bloodbath isn't over yet.  We might see another bottom for the crypto market.  The next bull run is signified by Bitcoin halving so it is more than a year away now.  Instead of thinking about when will the market get pumped, why not think ways to accumulate Bitcoin and potential cryptocurrency so that when the time comes the crypto market get beefy and hyped, we will not miss out.

I don't "trust" any TA, that would be weird as it's just matter of probability, I just review their earlier data. And this guy/girl was spot on predicting the crash. I followed him before the crash as he had predicted something else. Right now i can't recall what but you can review his history as everything is transparent.

Mostly of pumps were coming from VCs with their shady things. im not even expecting a fast recovery for crypto. this gonna be a long term journey. It's a common thing that VC was always behind the pump. they were doing this shit to increase the capability to make profit from the market and then re invest in the garbage project again. market is not yet calling for recovery to happen and how can you sure if pump gonna be coming soon?
i never think if that will be coming if we are still not yet recovering from the bottom. That means if crypto winter will always stay here even longer than what people think about that before.
scumbag was destroying the trust to the crypto market like FTX and luna. fuck these shitty scam projects

A twitter TA expert who predicted the big crypto crash, just stated that we would have reached the bottom. . When people have a recorded history of disagreeing with others and being proven right i am following what they say very closely. If i had money left i would carefully long some coins with leverage now.

I agree with you that without the crash of FTX, the market would have had a significant bull run but not a sign of a true bull market. Lower-than-expected October CPI is a good thing, but let's not forget inflation remains high above 7.7%. That means that the fight against inflation is still very long, it is difficult to expect the Fed to lower interest rates soon because that is showing that their policy of raising interest rates is effective.

Reverse FUD? But certainly, the market industry is a bit more noisy lately compared to previous months so there is a possibility for an upward motion. I just doubt that it will be continuous but aleast there are chances for positive signs to again be seen in this industry.
On my end,  it was never easy to earn profit from this industry which is full of uncertainties especially when I was just new in crypto world. I had a hard time coping with strategies and how this thing works. But since I am seeking for profit, I struggled but I somehow get a good grasp of it. I've seen many dumps and pumps in this market so I think I got used of seeing these  situations.

The market will pump(soon) but not these shitcoins.
Yes, I can't deny that I miss the opportunity to sell some of my coins during the last bull season as I think it rallies more. And I feel mad about it but never I feel that I lose hope because I still have the chance to invest potential coins.
2024 is projected to have the next halving and everyone is seemingly hoping this could lead to higher market demand and price increases. Investors are preparing now, I guess nobody will miss this time again.

As others have said that their analysis that Bitcoin's bottom price value can be around 13k$ each, for me they may be right but for me, the possible bottom of bitcoin can be between 13k$- 10k$ for sure I will not lower that 10k$. But this is only following the analysis based on what I read in the graph chart of bitcoin 1 month ago.

If you look at the chart in the past month, you will notice and see that many descending triangles indicate that there will be a big fall in the price of bitcoin, we don't just expect FTX to be one of the fallers and there are other reasons why it will fall even more.

Yes, it's a different motto when it comes to cryptocurrencies. "What goes down must go up." 
Especially with Bitcoin because it was proven many times in the past decade. IMO, as an altcoin supporter, Bitcoin's rise will pull most of the altcoin up. It just needs more investors and we will be living the good life again of pumped altcoins in the market.
Time to buy.
The only question is where to get the funds in times like this with a downward economy.

 I think the market is hovering around its bottom and it is likely to continue sideways for sometimes until next meeting of FED when interest rate will be announced which I think will remain unchanged because the cpi data report of oct-22 signifies that inflation is rapidly coming down and it should have initiated market recovery process, but FTX turmoil was so huge that it changed the sentiment of the market and triggered huge selling.

Lmao, Im what universe you are living right now that didn’t know what's the current market condition? Where do you think those money that will pump the market came from while retail investors is scared while VC is already fucked up big time due to Luna and now FTX messed up situation.

FTX and all project that has an exposure on it will surely go publicly announced an exit following this lose. They are just quiet now but surely they will be known on following weeks since the liquidity that loss on FTX is very huge which we don't know who really benefited on it.

I totally agree with your comment. In my opinion, there will be no activity in the market for the next 2 years. There may be slight ups and downs. But these will be deceptive ascents. The real bear season hasn't really shown itself. Seriously bad news has started to appear in the market and this news will only get worse.

Apparently the recovery period is not soon to come. The crypto market is currently losing a large part of its position in the market in an unprecedented situation.
It was never expected that prices would go down to this extent, and everyone was waiting for an important rise period until the beginning of the new year, but what happened with FTX carried with it completely unexpected repercussions.

I guess it's not secret that the crypto could be term as bubble, but in a different sense, I mean after the burst, it will go on a long winter a bear market wherein all prices goes down hard at -70% minimum.

The dot com bubble wasn't able to recover, crypto market does, in a cycle, every 4 years and that is the big difference here.

So if there will be a pump or a bull run, it will definitely happen in 2024-2025. We just have to seized this opportunity right now to accumulate for the next bull run.

Once we reached the bottom, it will retrace easily and we might start to see the uptrend.
For now, we have to wait for this and many speculation tells that Bitcoin will hit its worst bottom for this year, $13k is their analysis and that’s a crucial point but I’m still optimistic that whales will catch Bitcoin on that level. The future is still good though, you just need to play safe for now and wait for the right timing.

OP is not talking that the market will pump this year - he is stated soon 5 to 10 years. Might he is right about it and we have to anticipate that if we wanted to earn more from investing in crypto then make it start buying them while the price is cheap for this will change sooner. Yes, halving will come by 2024 as predicted and expect a price rally after that. Therefore, there is still a lot of time to prepare before that moment and we don't have to miss this chance as this won't stay like this even next year. But of course, you should choose the right coins for investment as this also matter and affect the results.

I think the title is misleading, there is no pump this year or the next year. Most likely the pump will happen in 2024 or after the bitcoin block halving. As for the analogy that the OP has posted,  I guess the lesson is to buy cheap crypto right now, but you don't have to wait like 20 years to see a good gain. Right now is the right time to buy as we are in a bear market, the prices is so cheap that you can fill up your wallets, as many as you can and then wait till the next bull run. We might see massive gains that can be comparable to the dotcom profits.

The crypto industry keeps losing trust   , a 3rd black swan event who would've guessed?

It's not about to pump at all, it will get worse for the short term we haven't bottomed yet.

Looking at the mid term it's not bad, we'll definitely be standing in a higher level than this in the next couple of months.

Amazon example is a great one, people forget about what followed after the bubble, and that’s the sad part. They talk about how much the prices dropped during that time and how bubble made a lot of people lose money, but they do not talk about how many companies survived that period and then became huge.

If you invested into Amazon 20 years ago when the dotcom bubble happened, that would mean you would be pretty rich person today, even as a kid if you found 100 bucks and invested into it, you would buy a luxury house and car with that, so it’s such an easy thing to buy something when it's low. Crypto is low now, bitcoin is under 17k, if you buy now, in 20 years you will be able to buy anything you want with this too.

My Words to you Dear Crypto Trader/Investors


If you missed the dotcom bubble of 2000, this crypto bubble is your chance now.

At early stage 2020, every defi projects went thousands of percentages pump; I was amongst the first to encourage users to engage on Uniswap and we made so much money then. It is because of hypes/FOMO. Most of Crypto traders have no idea what was going on. Bear market has now taken them down 90-99% now.

From now, they will grow by fundamentals. Real investors need to understand how those projects/companies work ( Business model/revenue/ earning/ active users ...). In the end, you will see the next amazon.

Amazon busted -95% at Dotcom bubble 2000
Amazon went up 60000% following 20 years.

If you are really serious for this, now is good time to start your crypto investment firm.
I believe everything will be quite different in the next 5-10 years.
Imagine you stand here like someone was at Dotcom bubble 2000.

Simply put:
Crypto is Dotcom Bubble 2.0 repeating after 20 years.

Biggest reset in macro cycle for Crypto is set in 2022-2023

Hype period is over. Growth speculators is over!!

Now many need to learn how Value Investing in new cycle.

When we talk about Value investing ??

We talking about ( Business models/revenue/ earning/ active users ...)

.Never been more long term bullish on crypto/NFT tech.

The future is ALMOST upon us !!..

Cheers and stay plugged in so much money to be made this Nov/Dec even 2023 and beyond !!