Topic: Possible market crash in the near future? - page 5. (Read 1039 times)

They're likely new if they think that it's going to be bull run completely without any stop.

I don't mind the crash too as long as we're having that high support and that's very likely to see $50k-$60k of support is acceptable. And that's high for me and for the others already.

Right. Having a market crash after moments of bullish season is always expected and its already a part of this volatile market. For me, its even a good opportunity to think because you can start buying potential coins while they are in bargain. And after that, there's always chances that these major crypto coins are going to reach their new ATH from a sudden market crash. Eventually, the market will recover again and so with those promising coins. There's no need to worry for that its here to create opportunities rather than just purely seeing our investments falling.

Of course there would be a possible "market crash" in the near future. This is crypto currencies. The market is very volatile and you will never know what is going to happen next. The crash might take place anytime. More like a correction. Zoom out the charts and see how much we went up within a year. So you should be expecting a correction anytime soon. The bull season won't go on forever. We will eventually enter the bear season. Just keep holding and invest as much as you can during a bear run. You will be able to maximize your profit in the long run.

Only noobs would be thinking that we would really be having a bull run like forever or simply the price doesnt stop on rising which is really a very wrong idea or mindset to have
when you do step your foot into this market.Future talks? This market involves sellers and buyers which its normal for prices to fluctuate whether it would really be going up or down
depending on the market demand or condition. Crash? It would happen but as long we do have strong support and adoption/recognition then it would
be unlikely to happen.

Sees nothing is forever, the correction will come even though most of us don't like it but for the investors, this will give them the chance to invest more. This situation become known to everyone in crypto and we have to understand this and accept the nature of the market because we have nothing to do in regards to volatility.

Seeing the market now in red could be a sign that we are in facing the coming possible huge correction.
And we have two options, to sell or hold. Well, I've preferred selling it for now and reinvesting.

That's the cycle we have for the market.

It's not bulls forever and if it happens, there's the bearish time that awaits after that. And when it's in a bear market, it's also not going to stay there forever.

As said, a cycle that keeps on rotating.

And quite honestly that 70% figure is conservative, if you were to ask some members of the forum how high the percentage of scams coins is in the market some may say it is as high as 99%.

This is why experimented members try to discourage newbies to invest in those coins as the chances they are scammed are huge, and instead they try to encourage them to invest in some of the most solid coins in the market like bitcoin, only once they have some experience under their belt they could try low volume altcoins, and by the time they get that experience it is possible they will decide against it as they will realize the truth that most of those coins are scams anyway.

A wrong mindset would mostly end up on getting wrecked by the market because they would only realize things when they had able to experience the real thing and wont really be believing on it earlier which is really a very common human being behavior or characteristics and for the sake of real experience then thats the time they would really be making up some adjustments which is really very common.

Crash could happen but basing on the level of acceptance and adoption then its a little bit hard to believe on that it will happen on upcoming
years to come.

I don't really know for Altcoins, if the number given above is correct, then they (altcoins) make up '14028' of the crypto listed on CMC, that means they are so much, and quite a lot of them do not have use cases, some are pump and dump coins and others are basically just controlled by scammers, thus many of them would crash, dump and disappear, the thing is just that, it's somewhat impossible to understand what will happen with altcoins.

Having said that, Bitcoin is so unique, and it's adoption has gone a step further since the pandemic 'shed its milk teeth', I sincerely doubt Bitcoin will experience another massive plunge/crash in price, there would definitely be correction periods, but a massive crash may not be on the cards for Bitcoin anymore, the network has prolly outgrown that.

The truth is very difficult to predict if the market will fall soon when it is in an eventual bullish race, but the fall that can occur is in a natural way, which is a simple and simple correction, which can be produced under several reasons:

1.-That the whales decide to sell because they need to make a profit at any time.

2.- A fundamental large enough to trigger a strong news to affect all financial markets emerges.

3.- People's emotions.

These may be the main causes for which it can fall, in fact ´I think that the market can fall naturally with correction to continue rising, at least that is my appreciation.

Yes, a crash or rather a correction is as certain as the Amen in the church. I've been in crypto since 2011 and I've seen all the big crashes and dozens of strong corrections. It's part of the process because the crypto market, just like the stock market for that matter, is always prone to exaggerations that need to be reduced so that healthy growth can continue. Especially the strong rise of various Shitcoins and the external exaggerations in the NFT area, are for me a clear indication that a correction must come sooner or later.

I don't think that "destruction" is even an option! Market crash on the other side happens from time to time... but hey, it's crypto! Volatility is simply crazy, there's no other word to describe that... up or down for 50% it's like good afternoon! So some market crash in near future is possible, why not, as the chances for new ATH I guess! It's why trading it's tricky, nobody knows what's coming next in short term! It's why I am playing on the long track, short is worse than gambling, I learned that lesson!

There's not so many promising coins though. Unless you planned to hold it in the long run. Most people who come to crypto space are mostly those who want to earn a quick and massive money. Crypto doesn't work that easily anyway.
It's a bit similar from gambling, you have to make sure where you want your money in.

Crypto is growing day by day and as you said it can be seen that more and more people are using crypto,
it seems that people are aware that crypto assets are very promising even though the risks are also high,
the development of crypto will certainly continue and who knows when

I was looking at some abandoned projects coined out during the ICO period and after checking out yearn finance type of projects, I canes to conclusion that meme coins will all be dead after this bull cycle.
Yearn finance projects hardly survive, only the real yearn finance still having a good trading volume compare to others that started this bull run, some barely even manage to get hundreds of dollars of trading volume.

Then again, one of the most shameless scams in cryptocurrency history (Bitconnect - the crypto Ponzi scheme) got to be in the top 10, and not everybody sits there.
Yeah, you can argue it didn't last long. But it got to be huge, and a lot of people lost their shirts on it. It's true it even showed the classic pyramid on its whitepaper, so it could be argued that those who fell for it ultimately deserved it, because the writing was on the wall. Then again, how many of us can honestly say they never fell for that stuff?

Meanwhile, the point I heard (and the reason I started the thread) is precisely that there are way too many currencies on the market. Right now, CMC lists 14378, which is definitely a lot, in a world with about 200 fiat currencies.
So I keep on reading and learning on fundamentals research, and how to avoid being scammed, or ultimately falling for a coin with no future. Trading seems to be a somewhat "easier" (for lack of a better word) way to start, as the risk of holding the currencies for a shorter period seems to be lower, and there seems to be more ways to somehow minimize that risk, but I keep asking myself if I'm not overreacting.
Am I?

Fakhrulenclix good point. But how many of those people will actually see a profit? True, Bitcoin has shown to be strong and reliable, and today it's like fishing in a fish tank. But the currencies that are in that range are just a handful, in an ever-growing market. To which extent is that sustainable?

Not everyone expects destruction, try to go back to when Bitcoin did not have as high a value as it is today. Do you think the value of bitcoin would not be what it is now. Yes, of course there are people who regret not holding bitcoins in the past. But what needs to be said is with the development of Crypto until now, Crypto users are increasing, does this bring destruction to Crypto? Precisely not, this makes Crypto even stronger and in demand by many new investors.

Exactly, the majority of the cap of the whole cryptocurrency market is concentrated just on the top 20 coins to the point we can disregard what happens to any coin outside of it as it is not of importance for the market at all due to their size, however while many people see in crash  only negative effects the good part of a crash is that a great deal of those coins disappear, unfortunately since it is so easy to create new coins we see other coins emerging really quickly to replace the ones that disappeared.

Of course I expect a market crash to happen in the future.For now we are in a healthy and bullish situation with BTC breaking it's all time high and altcoins increasing rapidly in their prices.After every successful bullish market there is a bearish and we should expect that in the future.

From my experience definitely I believe there will be market crash in the nearest future but I believe it will definitely recover, the reason why I believe the market will crash is that government is not really in support of bitcoin and cryptocurrency in general so they will definitely look for a way which they will always crash bitcoin but I believe bitcoin have come to stay.