Topic: Opinions according to the current market situation (Read 219 times)
I still don't have a clear opinion about the near future of the market. For now, it is still not changing much. If we are in the bear market, then I'm afraid very boring days are waiting for us too.
As my opinion market is to much boring 
due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
The market nowadays is only waiting for huge trigger before entire trend will go uptrend. There's no assurance when it would cause some burst out to a potential highest value. We need another hype to exist as when time comes, don't waste another good chance to earn better profit that you never expected in your life.
This is based on personal opinion. And maybe because you are not a daily trader.
Well, basically, every trader should be able to take advantage of every moment and opportunity to trade for income or profits. I don't know if I will actually get profits or losses, but basically, the current market situation is actually very challenging. Why? because the market is very unstable, sometimes the indicator predicts that there will be an increase, but on the contrary, the price will drop. Who said whales were silent? We don't know what they're planning and doing right now, do we? Whales don't usually brag to prove it.
Well, basically, every trader should be able to take advantage of every moment and opportunity to trade for income or profits. I don't know if I will actually get profits or losses, but basically, the current market situation is actually very challenging. Why? because the market is very unstable, sometimes the indicator predicts that there will be an increase, but on the contrary, the price will drop. Who said whales were silent? We don't know what they're planning and doing right now, do we? Whales don't usually brag to prove it.
A regular trader can see the advantage even if the market seemed to be dull. He can always find a way how to make profits out of it. That is, if you are doing this long enough to know some tricks on how to optimize your profits given any type of market condition. You don't need to wait for years just to see potential profits. Even short period of time, you can make something if you know what you're doing. But this of course, is not for all crypto users. Some are just happy to hold long term their coins.
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
I believe this is the best time for whales to accumulate more BTC to their stash so I believe whales are already taking action now. Then when a piece of good news is released, we will see hype will be everywhere and BTC will get a pump one last time for the whales to get profit from those accumulations before seeing the real boring bear market.
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
Yeah, unfortunately the market is having its most boring times lately. And it doesn't look like that it will change much soon also. Therefore, we should just continue to be patient I guess. I've really missed the times we saw Bitcoin price at $60k.
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
Traders make the most money in volatile situations, however it is not necessarily a good thing for the average investor in Bitcoin. A proper long term investor in cryptocurrency should be happy with a modest gain of 10% which is above what you'll find in the stock market and far above what banks in most western countries are offering in interest rates right now. Day trading leads to extremely dangerous behavior and often causes large sell offs when people panic. The only people making money consistency in those situations are large scale investors or banks who have built up strategies with deep knowledge banks. They're moving millions in and out of the market every day when they see patterns - either find the patterns or you'll end up gambling.
The current market situation doesn't give green light to good price increases in the near future. It looks like we could see this boring situation for a very long time. I guess we have entered the bear market.
You will be bored if you just wait then didn't do anything so maybe try so your trades eventhough the market doesn't showing any promising sign of bull run since we can still earn without waiting for so long. Maybe we can experience that again in next 4 years so better accumulate or trade it so that you will have a fun ventures with bitcoin these days.
This statement made you sound like you had no predictions for the future.
To be honest, I am also not sure what will happen, but the market sentiment does not suggest that investors are not hungry.
In my opinion, the stagnation in the market has nothing to do with the G7 and we are about to see very tall green candles in next weeks.
The current market situation doesn't give green light to good price increases in the near future. It looks like we could see this boring situation for a very long time. I guess we have entered the bear market.
You will be bored if you just wait then didn't do anything so maybe try so your trades eventhough the market doesn't showing any promising sign of bull run since we can still earn without waiting for so long. Maybe we can experience that again in next 4 years so better accumulate or trade it so that you will have a fun ventures with bitcoin these days.
This is based on personal opinion. And maybe because you are not a daily trader.
Well, basically, every trader should be able to take advantage of every moment and opportunity to trade for income or profits. I don't know if I will actually get profits or losses, but basically, the current market situation is actually very challenging. Why? because the market is very unstable, sometimes the indicator predicts that there will be an increase, but on the contrary, the price will drop. Who said whales were silent? We don't know what they're planning and doing right now, do we? Whales don't usually brag to prove it.
Well, basically, every trader should be able to take advantage of every moment and opportunity to trade for income or profits. I don't know if I will actually get profits or losses, but basically, the current market situation is actually very challenging. Why? because the market is very unstable, sometimes the indicator predicts that there will be an increase, but on the contrary, the price will drop. Who said whales were silent? We don't know what they're planning and doing right now, do we? Whales don't usually brag to prove it.
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
Not all events would pose up corresponding movement in the market if you used to expect from time to time because whales arent really that active on moving the market anytime theres some news or events that do happen in the market.So dont anticipated or having this kind of mindset because it would just frustrate you out if it turns out that the market didnt really make out any reactions on where you do most expect for it to happen. due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
Movement or significant price directions could happen on least expected so better be prepared and be watchful.
The market has periods of decline just like what we’re having now. I don’t think the G7 summit has something to do with it, though, since the price have been tanking for quite some time before the G7 even started. Well, we have had a day or two of breaching $40k again before coming back down. For a moment I thought it was the most awaited rebound, but turns out it was just some random market volatility coming in to play. That made things quite exciting but then, *poof* after 2 or 3 days.
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
I think the G7 does not matter much to the cryptocurrency market. I doubt that any decisions regarding the cryptocurrency market will be made there.
After many exciting months, everyone needs a moment to take a deep breath. I think that in 2-3 weeks the interesting action will start again, but in my opinion it has nothing to do with the G7.
@ oceat, bro you forgot that politics is a strong hodl to economy. So it can change the direction of economic policies. If government in the discussion spread fud about cryptocurrency, it will definitely change certain government poli.
Maybe he should consider trading like scalping because it seems that he's a hodler waiting for Bitcoin to reach the $200k. That's an instant profit that would make him rich in a single night.
Lol it is actually surprising how people think cryptocurrency hodling is an instant money doubling mechanism, nope it is not. There are different ways to make money with it like staking, trading your hodlings (that is simply selling and buying back at deep) and that won't be boring as Op said. I have a thread that can also guide and read contributions there. https://bitcointalksearch.org/topic/m.57216690
Maybe he should consider trading like scalping because it seems that he's a hodler waiting for Bitcoin to reach the $200k. That's an instant profit that would make him rich in a single night.
Lol it is actually surprising how people think cryptocurrency hodling is an instant money doubling mechanism, nope it is not. There are different ways to make money with it like staking, trading your hodlings (that is simply selling and buying back at deep) and that won't be boring as Op said. I have a thread that can also guide and read contributions there. https://bitcointalksearch.org/topic/m.57216690
The G7 summit may have some effect on crypto currency market because they might discuss how the economy can move forward and the heads of government trying to introduce policies on that too. This may either lead to better adoption or fud in cryptocurrency. The situation of the global economy is not exactly feeling better in the last year to this time and more investors are living the real life investment to online.
Nah, I don't think so.Discussing about the policies won't affect the whole crypto market it was the traders doing. What you mean is if they make fud/fomo that would affect the Bitcoin price but G7 summit is just a meeting for politicians they aren't traders. What OP, didn't see is how these small fish traders make money from this volatility that he calls it boring.
Maybe he should consider trading like scalping because it seems that he's a hodler waiting for Bitcoin to reach the $200k. That's an instant profit that would make him rich in a single night.
The G7 summit may have some effect on crypto currency market because they might discuss how the economy can move forward and the heads of government trying to introduce policies on that too. This may either lead to better adoption or fud in cryptocurrency. The situation of the global economy is not exactly feeling better in the last year to this time and more investors are living the real life investment to online.
from i've seen in the past these G7 summit rumour always getting overhyped but some fudster I think while when G7 summits end no real movement in the market whatsoever
people are thinking too much of this G7 summit, even elon's tweet influence the market more than this political event.
even biden concerned about ransomware caused by crypto craze but this two thing aren't related to each other that it just seems ridiculous tbh.
people are thinking too much of this G7 summit, even elon's tweet influence the market more than this political event.
even biden concerned about ransomware caused by crypto craze but this two thing aren't related to each other that it just seems ridiculous tbh.
No, this has nothing to do with some random political activity in the world such as the "G7 summit" as you suggest and this is not the first time bitcoin market is calm, they are more common than you'd think. This is also not so boring for those who are accumulating bitcoin at a discount. They love this low price to stay around longer so that they can buy more bitcoin before it launches to the moon.
Exactly, I am really happy that the prices go down because I bought more bitcoin out of my money than I have expected and now I have a lot of bitcoin to accumulate. Also, isn't G7 summit doesn't include a lot of countries so I don't think that it will affect it that much. I think that the current situation will last until the end of the summer at least. After that, I'm hoping to see a recovery starting. Otherwise, I don't know whether we could see $60k again for Bitcoin e.g. in this year.
Be positive and optimistic.It is very likely that we are going to see bitcoin again goes to $60k. We might have no idea when it shall happen but for sure that we are going to have that pricing again in the upcoming months.
One of the optimistic predictions that I'm hoping for is that bitcoin gets $100k at the end of this year.
No, this has nothing to do with some random political activity in the world such as the "G7 summit" as you suggest and this is not the first time bitcoin market is calm, they are more common than you'd think. This is also not so boring for those who are accumulating bitcoin at a discount. They love this low price to stay around longer so that they can buy more bitcoin before it launches to the moon.
where do we see that the market had many activities after the G7 summit?
i will probably relate this to whales accumulating more BTC since the articles surrounding these days is that more institutions adding BTC to their balance sheets.
while G7 seems to be planing some sort of their shenanigans, i watched interviews on NBC News all the way to the end and Putin seems not interested in their plans.
The problem is that people tend to think that the market will always go on parabolic rise. This is not the case, we have enjoyed the bull run, reaching as high as $64,000 and obviously as some point the price needs correction and that is what we are seeing right now.
Others point that we have reach an overbought zone in April, so right now we are in the sideways pattern. Nothing wrong with it, we just need to be patience, and I'm sure the market will go lively again in the last quarter of the year.
Doesn't matter if there is a G7 summit or not, it's net effect will be short term.
Others point that we have reach an overbought zone in April, so right now we are in the sideways pattern. Nothing wrong with it, we just need to be patience, and I'm sure the market will go lively again in the last quarter of the year.
Doesn't matter if there is a G7 summit or not, it's net effect will be short term.
Just enjoy the current market conditions, think of it as an exercise to hone our skills in trading. If a bear market occurs, we must be ready in any situation that occurs in the market.
How it becomes boring to you that despite there are some traders making profits in it.. And also the market made an improvement indeed, wherein for in the past few days and its now holding near 40k FYI.. So is that not a good sign for you? Actually there are some positive news as well except that G7summit like what you have mentioned above,maybe you're not updated in my view.. 
I think that the current situation will last until the end of the summer at least. After that, I'm hoping to see a recovery starting. Otherwise, I don't know whether we could see $60k again for Bitcoin e.g. in this year.
The current market is in a down phase, BTC price will move sideways for some time to come. there is a chance that it will retest the 40k~45k zone after the G7 conference ends or longer.
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
Why do you see it boring? Maybe you only like those pumping hard moments? Maybe try to test the waters on the current market level there's an opportunity to earn with current volatility and all you need is not to be greedy wanting for more profits. We know the market is not always in good shape so for you not to get bored better buy some and intend it for long time holding since you will get a better result from it in future.
When we think that market is not going to show any kind bump or dump due to something then its time for the whales to manipulate the market, they are waiting for the perfect moment to get into action, if my assumption is right there will be a short bump soon because everyone come into a mentality that the bullish trend is over so whales will initiate by bumping the price and will hard dump it.
I don't see the market as being boring right now. I think it's a great time to be buying and I've been trying to do other small projects to earn extra cash so I can dump it into the market. Things might seem a little slow right now, but that gives you more time to do research and try to load up on coins and tokens!
Try to see this boring market in a positive way. With cheap bitcoin you earn more coins working online. Although the online jobs pay too little, it's a good opportunity to collect pennies everywhere and exchange it into btc.
As soon as the bear season ends, you will see the benefits of doing this. Better to be most prepared as possible for the next bull run that is going to happen when it has to happen.
It's not possible to make any accurate predictions yet. That is why it's more interesting to work with crypto currency always thinking on long run.
As soon as the bear season ends, you will see the benefits of doing this. Better to be most prepared as possible for the next bull run that is going to happen when it has to happen.
It's not possible to make any accurate predictions yet. That is why it's more interesting to work with crypto currency always thinking on long run.
Of course, there's no infinite growth in the market price movement and that's why you feel it boring on your side. But in fact, isn't, the market situation probably people are keep holding as they saw recently that the Bitcoin price has finally a resistance and it could have growth after a few days. The recent spike for sure make the market again busy and as you can see the mempool space, Bitcoin transaction slightly increased compared last few weeks.
G7 to honest is irrelevant to this situation, if you're a crypto trader, you were always monitoring the situation on the market whenever you are.
G7 to honest is irrelevant to this situation, if you're a crypto trader, you were always monitoring the situation on the market whenever you are.
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
You mean the price crash is boring? Lol, it shouldn't be boring. It should be very exciting. The whole crypto market becomes a roller coaster ride. You know, its fun to see those FUDsters popping out of nowhere to spread bs everywhere when the price crashes. More fun to see those people fall for it. At least during every crash, more and more people gets to learn a lesson - "You only make a loss when you sell". And don't forget, more opportunity to invest. The current market had nothing to do with the G7 summit. We are seeing a rise after the end of the summit, but it's just a coincidence. due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
I suppose you want our opinion on crypto, am i rite? Because "markets" is a very broad term. Maybe you wanted to learn about the stock market? Since we are in a bitcoin forum, I'll go with my instincts and assume that you are interested in the crypto markets.
Well, I don't think G7 will any impact on crypto unless they make a deal and decide to ban it and that's a very low probability.
I'd rather follow Elon's tweets. He seems to be the market mover lately.
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
Define "boring"? You can't expect an everyday action that should meet your criteria.
Rather than taking the current situation as boring, why not just take advantage of it by accumulating at the so-called "floor price". This is the perfect time to test some strategies rather than just rely on everyday price increase when BTC is pumping.
There are coins that currently showing good price movement amid your boring look at the market that's good for day-trading.
Bitcoin breaks 40k again looks interesting to me than the rest of the days.
Rest easy, there is always time for pump, you may not like the current market but there are lots of traders making profit out of it, but ofc there are some unfortunate trying their best to gain, its there money after all.
Rest easy, there is always time for pump, you may not like the current market but there are lots of traders making profit out of it, but ofc there are some unfortunate trying their best to gain, its there money after all.
how exactly do you expect the market to be fun not boring? Probably you expect 20% daily up, but this is not possible.
But you can get some fun there if you invest all that you have in, for example, Doge, Shiba or any other meaningless product. it will give you extra adrenaline for sure.
But you can get some fun there if you invest all that you have in, for example, Doge, Shiba or any other meaningless product. it will give you extra adrenaline for sure.
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
Where do we find a list of topics that G7 will talk about? I think the last G7, they've talked about bitcoin and cryptocurrencies. due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
What's your opinion as current market situations
It's better compare to the past years. There's a possibility that it will grow more than what it had reached during its ATH. We will not know when but we've seen that there's always the possibility that it will surpass each of its ATHs. 
The market situation may seem boring to you but some traders out there are making money out of it. I will speak for myself. I made some profits over the past week.
If you are a spot market trader, you haven't even seen the worst of the crypto market yet. Trust me, when the bear market is on, you will realize that the current sideways market is nothing compared to it in terms of being bad.
Why do people think some meeting between Governments should have an impact on the crypto market?
How does the G7 summit relate to crypto markets for example? Whales and retail traders stop trading because of G7 summit?
If you are a spot market trader, you haven't even seen the worst of the crypto market yet. Trust me, when the bear market is on, you will realize that the current sideways market is nothing compared to it in terms of being bad.
Why do people think some meeting between Governments should have an impact on the crypto market?
How does the G7 summit relate to crypto markets for example? Whales and retail traders stop trading because of G7 summit?
As my opinion market is to much boring due to G7 summit, I think whales are
not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit.
------------------ What's your opinion as current market situations ? --------------------
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