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Topic: Stressful crypto market - page 6. (Read 1128 times)

hero member
Activity: 3038
Merit: 617
September 06, 2022, 08:56:40 AM
#28

Hard to identify the bottom, you need to read charts and even those who knew still can only predict but can't really pin point. There are some who will tell us its 13k. Its up to you to wait for it to happen or miss out when price go back up to 45k already.

But I'm sure most of these stressed out retail investors would prefer to buy while the bull market is confirmed.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
September 06, 2022, 08:43:06 AM
#27
not all will buy at the peak price because many are waiting at the bottom price and that doesn’t mean don’t want to get Bitcoin.
If only they would snap out of that dream of waiting for a bottom into a reality that there's nothing like a bottom in the real sense while price is still trading (active). We only get to find out or know of a bottom in hindsight. That's after price has done its thing and literarily left the building. It's the same way professional traders will tell you that there's nothing as overbought or oversold positions. I've witnessed this myself, price continued to soar even after what looked like it should drop at that point. Those waiting for a further dip should do a DCA or risk losing out completely. That's my candid advice. Bitcoin has done enough discount.
sr. member
Activity: 2436
Merit: 343
September 06, 2022, 08:32:08 AM
#26
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???

Maybe you invest to much on shitcoins before this is why you talk about that but actually this scenario is much normal on bitcoin. To many rumors are spreading about it and that creates negativity on the market so if you join on those people who think negatively about it then provably you will go the same with them either losing your money or miss the opportunity to place your position while market is in bearish.
Besides, the moment we come to crypto and invest, we are already aware of the market situation, and seeing declines is really possible. But I think that OP is worried too much and can control his emotions making him really affected by the news and negative attacks.
Weak hands can't really survive in here. It is a must for OP to be out of control of his emotions otherwise, it will become a reason for his losses and failure. I really see this will happen if he never changes his mindset.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
September 06, 2022, 06:51:58 AM
#25
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???

Maybe you invest to much on shitcoins before this is why you talk about that but actually this scenario is much normal on bitcoin. To many rumors are spreading about it and that creates negativity on the market so if you join on those people who think negatively about it then provably you will go the same with them either losing your money or miss the opportunity to place your position while market is in bearish.
sr. member
Activity: 1778
Merit: 309
September 06, 2022, 05:30:55 AM
#24
snipped...
The mt gox rumor become one of the biggest impact to the market uncertainity ... we were on bullish run few weeks ago , nearly touching the $25k and heading to $30k but shit just got real .. people scared to hold too much bitcoin when there might a massive sell off in the coming months .. which yeah it's still uncertain though.

There might some people keep buying but yeah there a lot more who selling it right now.
At first I refused to believe those rumors would have too much of an effect on the market but after some time has passed I have realized that I was mistaken and I can only acknowledge the truth right in front of me, those rumors killed any possibility to see a prompt recovery of the price and now those rumors have forced bitcoin to be traded for a price below 20k, and if this situation lasts for long I would not be surprised if the price went down once again.
It has a mental effect and a huge impact on the market as people think that it creates a worse scenario making them sell at a low price.
As long as there are worries in the mind of the majority, prices will certainly move down. But the good thing is that some people manage to control their emotions and fight it. A reason why despite the number of investors who sell their Bitcoin, there are many investors who will tend to catch it and help to keep the price a little bit high.
legendary
Activity: 2534
Merit: 1338
September 06, 2022, 12:49:51 AM
#23
And now that the market has shown the price of bitcoin to be cheaper than before, those people that were problematic about its price as they say they're about to buy, are still waiting for some good time to buy.

Well, the market is truly stressful but they're those people that I've mentioned are the ones putting pressure and stress to themselves. They keep on waiting for the right timing but when it's there, they neglect it.

When the market recovers, they'll think that it may fall again until they miss the whole thing. The same thing goes for those that have seen bitcoin @ $3k.
The mt gox rumor become one of the biggest impact to the market uncertainity ... we were on bullish run few weeks ago , nearly touching the $25k and heading to $30k but shit just got real .. people scared to hold too much bitcoin when there might a massive sell off in the coming months .. which yeah it's still uncertain though.

There might some people keep buying but yeah there a lot more who selling it right now.
At first I refused to believe those rumors would have too much of an effect on the market but after some time has passed I have realized that I was mistaken and I can only acknowledge the truth right in front of me, those rumors killed any possibility to see a prompt recovery of the price and now those rumors have forced bitcoin to be traded for a price below 20k, and if this situation lasts for long I would not be surprised if the price went down once again.
hero member
Activity: 3038
Merit: 634
September 05, 2022, 06:59:03 PM
#22
~snip~

Well, we should be glad that there is a bear market for Bitcoin.  If there is none then when how we find a window to re-enter the market.
Yes, and not only that. Everything that comes up, must come down and vice versa. So, if we're seeing the market that's down for now, we do expect that it will rise soon in the upcoming years to come.

~snip~
The mt gox rumor become one of the biggest impact to the market uncertainity ... we were on bullish run few weeks ago , nearly touching the $25k and heading to $30k but shit just got real .. people scared to hold too much bitcoin when there might a massive sell off in the coming months .. which yeah it's still uncertain though.
It could be but as a matter of fact, we're really done with the bull run and it took several months until it ended. The FUD and everything that's spreading fear to the market is typically happening when the market is about to rise.

And that's being done the big players/whales for them to still have that entry to buy at lower points.

There might some people keep buying but yeah there a lot more who selling it right now.
There are many thoughts on this but most likely: 62% of wallets did not sell Bitcoin for a year amid the bear market: Data
legendary
Activity: 3122
Merit: 1140
September 05, 2022, 06:39:36 PM
#21
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
You only said that because the market is currently facing a bear market condition and that crypto prices are affected. But mate what you see is just temporary and when the market turns bullish, bitcoin price will be very high and will definitely reach a new all time high if there are consistent price increase. Thus everything in the crypto market will be very much interesting because bullish season also means huge amount of profits for us, particularly for long-term bitcoin investors.
Bitcoin is never too expensive for those who have the money and understanding of what Bitcoin is and how the market act at every period, the bear and bull market are both an essential attribute of the Bitcoin market, they are also the determinant components of the reflection of the behavior of the market. Bitcoin market condition is driven by the force of demand and supply and as a chain whatever market conditions we see are a reflection of the direction of the demand of the asset. Am very optimistic about the future of Bitcoin even though some people may feel that Bitcoin is failing on its promises of given x price this year but that was based on speculation which is sometimes wrong, the reality is different at this point since we are at a phase in Bitcoin market that gives many the chance to get in at a low price which is the best time to buy more Bitcoin. The cryptic market may look stressful to those who want quick gains but the long-term holders already have a settled mindset toward Bitcoin and they are ready to wait till their investment is mature enough before they take out the profits.
Just let those people believe on what they do tend to believe but pretty much sure that they are on that wrong understanding on what Bitcoin or crypto space is all about.People eventually find out the truth on the time

that they had discovered out something or they've been staying into this market for a while and able to determine those factors which arent true or not and they would realize for themselves.

This market is indeed stressful but its not just right that you should really make yourself that too get stressed because its part of the market on having these
kind of movements but its something that could be handled or bearable i should say.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
September 05, 2022, 06:15:53 PM
#20
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
You only said that because the market is currently facing a bear market condition and that crypto prices are affected. But mate what you see is just temporary and when the market turns bullish, bitcoin price will be very high and will definitely reach a new all time high if there are consistent price increase. Thus everything in the crypto market will be very much interesting because bullish season also means huge amount of profits for us, particularly for long-term bitcoin investors.
Bitcoin is never too expensive for those who have the money and understanding of what Bitcoin is and how the market act at every period, the bear and bull market are both an essential attribute of the Bitcoin market, they are also the determinant components of the reflection of the behavior of the market. Bitcoin market condition is driven by the force of demand and supply and as a chain whatever market conditions we see are a reflection of the direction of the demand of the asset. Am very optimistic about the future of Bitcoin even though some people may feel that Bitcoin is failing on its promises of given x price this year but that was based on speculation which is sometimes wrong, the reality is different at this point since we are at a phase in Bitcoin market that gives many the chance to get in at a low price which is the best time to buy more Bitcoin. The cryptic market may look stressful to those who want quick gains but the long-term holders already have a settled mindset toward Bitcoin and they are ready to wait till their investment is mature enough before they take out the profits.
hero member
Activity: 2940
Merit: 613
Winding down.
September 05, 2022, 06:02:46 PM
#19
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
You only said that because the market is currently facing a bear market condition and that crypto prices are affected. But mate what you see is just temporary and when the market turns bullish, bitcoin price will be very high and will definitely reach a new all time high if there are consistent price increase. Thus everything in the crypto market will be very much interesting because bullish season also means huge amount of profits for us, particularly for long term bitcoin investors.
full member
Activity: 1303
Merit: 128
September 05, 2022, 05:57:21 PM
#18
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
Many can’t still decide if they are going to buy simply because they see a downward pattern which happened a few days ago, not all will buy at the peak price because many are waiting at the bottom price and that doesn’t mean don’t want to get Bitcoin. BTC is still on the early phase because for sure it can grow more, bear market might still on the market but I don’t see this to last longer.
legendary
Activity: 2674
Merit: 1048
September 05, 2022, 05:55:50 PM
#17
And now that the market has shown the price of bitcoin to be cheaper than before, those people that were problematic about its price as they say they're about to buy, are still waiting for some good time to buy.

Well, the market is truly stressful but they're those people that I've mentioned are the ones putting pressure and stress to themselves. They keep on waiting for the right timing but when it's there, they neglect it.

When the market recovers, they'll think that it may fall again until they miss the whole thing. The same thing goes for those that have seen bitcoin @ $3k.
The mt gox rumor become one of the biggest impact to the market uncertainity ... we were on bullish run few weeks ago , nearly touching the $25k and heading to $30k but shit just got real .. people scared to hold too much bitcoin when there might a massive sell off in the coming months .. which yeah it's still uncertain though.

There might some people keep buying but yeah there a lot more who selling it right now.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
September 05, 2022, 05:36:56 PM
#16
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???

No, Bitcoin is still young and there will be still lots of development and adoption.  If you think this would be the finished product of Bitcoin, then I think you should wait more time and you will see that this isn't a dropping deadline but rather just a starting line.

And now that the market has shown the price of bitcoin to be cheaper than before, those people that were problematic about its price as they say they're about to buy, are still waiting for some good time to buy.

Well, the market is truly stressful but they're those people that I've mentioned are the ones putting pressure and stress to themselves. They keep on waiting for the right timing but when it's there, they neglect it.

When the market recovers, they'll think that it may fall again until they miss the whole thing. The same thing goes for those that have seen bitcoin @ $3k.

Well, we should be glad that there is a bear market for Bitcoin.  If there is none then when how we find a window to re-enter the market.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
September 05, 2022, 05:13:17 PM
#15
Unlike the price an user will buy bitcoin if his focus is to make it a complete bitcoin. If he isn't interested as well as doesn't have confidence over the cryptomarket, he/she'll find ways. One such is the indication that bitcoin is expensive. I too agree it, but we also have the access to buy for what is available with us.

Regrets are quite common with the cryptomarket. Maybe we'll see this happening with the people waiting for the price to drop, so that they can buy as a whole.
hero member
Activity: 3038
Merit: 634
September 05, 2022, 04:51:23 PM
#14
And now that the market has shown the price of bitcoin to be cheaper than before, those people that were problematic about its price as they say they're about to buy, are still waiting for some good time to buy.

Well, the market is truly stressful but they're those people that I've mentioned are the ones putting pressure and stress to themselves. They keep on waiting for the right timing but when it's there, they neglect it.

When the market recovers, they'll think that it may fall again until they miss the whole thing. The same thing goes for those that have seen bitcoin @ $3k.
legendary
Activity: 1792
Merit: 1296
Crypto Casino and Sportsbook
September 05, 2022, 12:29:51 PM
#13
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
I think those who really wanted to invest in Bitcoin will never just consider the price alone. Besides, it is not necessary to buy the whole 1 Bitcoin instantly, we can start accumulatingin a small amount instead. I'd never see it as an excuse but I rather think that these people really don't want to take risks and are still doubtful about Bitcoin. I don't want to assume but those who make a lot of excuses couldn't see a better view of the crypto market, they will find it stressful instead.
Yes it is. Anyone who is interested in bitcoin for the first time and is determined to buy it in earnest, and doesn't talk about it in vain, buys as soon as he has such a financial opportunity. Such a bitcoiner will not wait for the right moment and a low price. Whole btc is not important to him and he will buy as much as he has enough money for. At least a whole bitcoin, at least a part. A stressful crypto market will not be an excuse for them to be inactive and will not stop them from pursuing their plans.
hero member
Activity: 3010
Merit: 666
September 05, 2022, 06:45:53 AM
#12
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
I think those who really wanted to invest in Bitcoin will never just consider the price alone. Besides, it is not necessary to buy the whole 1 Bitcoin instantly, we can start accumulatingin a small amount instead. I'd never see it as an excuse but I rather think that these people really don't want to take risks and are still doubtful about Bitcoin. I don't want to assume but those who make a lot of excuses couldn't see a better view of the crypto market, they will find it stressful instead.
legendary
Activity: 2576
Merit: 1655
September 05, 2022, 04:28:49 AM
#11
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???

What do you mean expensive? it is still way below $20k right now, and if you look at the last all time high it is around $68k, So that is still a huge discount as of the current price.

So are you going to wait till it goes down $10k or even lower? what if we didn't get to that price?

Also you need to set your mindset, you can buy small portions of BTC and not necessary have to be 1 BTC right away, you can do dollar cost averaging if you want.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 05, 2022, 01:28:42 AM
#10
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
It is wrong thinking because people can still buy bitcoins even if they don't have much money to buy 1 bitcoin. They can use the DCA strategy to buy bitcoins. So, for example, they have determined that every month they want to invest in bitcoin and their budget is around $50.

They can just buy it and hold it and if they do it for a year, their number of bitcoins will increase, especially when the market is still like this. They will have a chance to collect more bitcoins. It depends on how the strategy you will use in investing in bitcoin.
legendary
Activity: 3808
Merit: 1723
September 04, 2022, 10:23:27 PM
#9
Many people don’t understand that you can buy partial bitcoins, you don’t need to buy an entire coin like a stock. So this is why many people invest in cheaper coins instead because most don’t have $20K of saving laying around.

And right now it’s a very choppy time to trade. It’s summer still and the liquidity is still low. Generally September is a bad month for stocks and crypto.
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