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Topic: This December is a weird one - page 7. (Read 889 times)

full member
Activity: 1050
Merit: 104
December 06, 2021, 12:10:27 PM
#23
I think you must know the nature of the Cripto market.
In general, the decline in the value of cryptocurrency is influenced by the market mechanism.
Unfortunately the Cryptocurrency market has a fairly high volatility or change level, so it is very fluctuating. If many people want the currency and the value is not too much, the value will also increase.
sr. member
Activity: 1722
Merit: 269
December 06, 2021, 11:34:14 AM
#22
Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?

I think that this december is special because of the circumstances that have nothign to do with crypto but the world in general i think one major factor is the fear of the omikron covid variant, that is spreading and that also made the traditional stock markets drop in the last few days. Then we have this topic with the real estate company evergrande in China that seem to have trouble again and that may be go bankrupt which would cause a pretty big upset in the whole financial sector. Sadly the crypto market always reacts even more drastically then the traditional markets and my portfolio also went down at least 20% yesterday. I hope the market stabilizes now.
sr. member
Activity: 1680
Merit: 259
December 06, 2021, 11:28:35 AM
#21
Maybe this is when expectations don't match reality Cheesy
This is the reason we should not fully believe the words of others who try to speculate because something like this will definitely happen and indeed now is one of them.
apart from that, I don't think there's anything strange about something like this because indeed when we see 2020 it's almost the same
sr. member
Activity: 2268
Merit: 275
December 06, 2021, 11:11:51 AM
#20
Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?
The month of December is just starting, let's wait until the end of this month and the year comes. There's still a lot of things that can happen for the remaining weeks of this year. I'm optimistic about it and if there's something that makes you think negatively about it, just don't look at the charts and keep doing what you've started and that is to accumulate as many cryptos as you can. Well, those cryptos that really has the great value for you to hold with.

It's still early December, so there's always a lot of surprises and unexpected possibilities. Facing the snow season and welcoming Christmas there will be gift shopping from Santa Claus. It is possible that the increase will be in the evening before the prize distribution. Lol

We have nothing to worry about, the market will recover in the near future. We are sure to get a special gift.  Grin
full member
Activity: 875
Merit: 125
December 06, 2021, 10:35:31 AM
#19
Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?

I think most December used to be like this. We used to say it were Christmas sell off. It's much more than that this year but this time of year, it's always has been a selling of time and it continues to Chinese new year in late January or early February. But there are other things like new corona variant and fiat based economics to be considered.
hero member
Activity: 2156
Merit: 531
December 06, 2021, 10:29:26 AM
#18

This month is really wierd. A few weeks ago I thought we would see a small end of year rally just before Christmas. Politicians kept saying that the covid pandemic is not so bad anymore, many people are vaccinated and we don't need another lockdown. So economy wise this year looked better than last year. But now with the new covid mutation I am not sure anymore. It sounds like another doomsday scenario and maybe we are exactly where we were last year.
wierd it's not from crypto I think but all stock market too ,the scenario you mean makes my bones tremble ! For a long time crypto market has been difficult to predict or control and which is natural ,we'll see what the end of the month will be like hopefully it gets better in cypto market ! I'm more worried about the new variant that has everyone cornered real issue
member
Activity: 714
Merit: 16
December 06, 2021, 10:00:46 AM
#17
Is too early to decide though if this December is actually going to be black as you connote it but I could remember well this time last year most coin is green by now.
full member
Activity: 1008
Merit: 104
December 06, 2021, 09:31:40 AM
#16
In my opinion, so far, what has happened in the market is that it is natural to move out of the increase that has occurred over the past months. If you feel late because you didn't take too much profit during yesterday's rally, then now you have the opportunity to hold more coins at a low price. No need to worry, the market is always like this. There will be ups and downs during bulls and bears.
legendary
Activity: 3234
Merit: 1055
December 06, 2021, 09:28:47 AM
#15
it looks like purge of crypto posers. a holder will sell at loss so they could buy their ham for xmas.

this month is not what we expect. its the continuation  of november dump.
legendary
Activity: 2576
Merit: 1043
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December 06, 2021, 09:21:49 AM
#14
Those who are easily beaten by their emotions are the ones who will loss their money and those who will just remain calm and patient are the ones who will survive to this market.
TBH, many surprised including me with how the market is moving at the start of the month. When many are thinking and hoping that December will be a bull month and the market will rise even more, the opposite happened and TBH this might be a start of the bear market if you will ask me.

What will happen next week will be crucial. If this situation will continue until next one to two weeks then we might enter 2022 with a bloody market or bear market but if we will see a perfect bounce at the psychological resistance at around $50,000-$52,000 then we might see a continuation towards the upwards.
hero member
Activity: 3066
Merit: 629
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December 06, 2021, 09:09:13 AM
#13
Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?
The month of December is just starting, let's wait until the end of this month and the year comes. There's still a lot of things that can happen for the remaining weeks of this year. I'm optimistic about it and if there's something that makes you think negatively about it, just don't look at the charts and keep doing what you've started and that is to accumulate as many cryptos as you can. Well, those cryptos that really has the great value for you to hold with.
legendary
Activity: 1904
Merit: 1159
December 06, 2021, 08:59:02 AM
#12
I have gotten so used to seeing Alt-investments not go anywhere that nothing matters anymore. I just try to stick to stacking Bitcoin at the forum and try and have a good time in the overall community on Twitter. In this space, if you care about money, it'll screw up your mental state. I mean yeah, if you have the guts to put everything on risk and engage in massive wallet farming, discord farming then you can care about money.

Otherwise, just float along and buy whatever catches your fancy as a community. A lot of them die out but some continue to give hope. A lot of hopeful ones become stablecoins that only lose value in a prolonged crypto winter, the kind we haven't seen yet in this cycle.

Trusting shillers, influencers is just the easiest way to make a fool out of yourself. Just simply take profits into BTC whenever you can and be chill rest of the time. It'll keep going up and down and teach you a thing or two about investing, about scammers, about communities and about people in general.
hero member
Activity: 1666
Merit: 723
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December 06, 2021, 08:29:34 AM
#11
You will be disappointed if you keep relying on YouTubers for crypto investment, many of them are paid to shill a particular token and most times their prediction always fails, it's better to find your own way to avoid getting rekt in crypto space cos no one can really predict the market 100% it's all predictions
You are right mate, dont stand or stick on prediction of someone you see online, those prediction so many of them are fake, following the prediction of YouTube channel might leads into trouble, exactly what you portray here, no prediction of cryptocurrency industry can be hundred percent (%100) trust worthy, you know people like to follow negative side unless they adventure into problem they will pick correction. Market is bad actually and before it became bad to this extent people made profit, so is very obvious that it can retrace back anytime, because i don't believe on prediction wether perfect prediction or not.
fvb
member
Activity: 1470
Merit: 13
December 06, 2021, 07:51:46 AM
#10
You will be disappointed if you keep relying on YouTubers for crypto investment, many of them are paid to shill a particular token and most times their prediction always fails, it's better to find your own way to avoid getting rekt in crypto space cos no one can really predict the market 100% it's all predictions
I completely agree with this opinion. Never rely on someone else's opinion. Do your own analysis. And trust your intuition. With the help of all kinds of influencers and other types of influencers, there is a pumping. There are many examples.
full member
Activity: 1292
Merit: 101
Vave.com
December 06, 2021, 07:43:00 AM
#9
Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?
Its look like some bad experience always in December .I have seen most of the time on December we got a bearish momentum with huge selling pressure .Its may be something happen for the upcoming new year .People are always wanna spend some more for the new years and different event .Its look like market are surviving now at the moment hopefully it will be corrected soon we can see a positive trend on the nest year .On the other hand i think its a good chance for us as well to get some more coin on our portfolio in low price you its a chance for always when you get it on the dip .Hopefully we will get more strong uptrend in the new year of 2022.
member
Activity: 845
Merit: 52
December 06, 2021, 07:19:36 AM
#8
You should just respect the market. The market has been very bullish with many fire works. Nothing goes up forever as long as we are still on earth. A reasonable correction is needed. You should have been taking profit all along and not leave all your fund in the volatile market.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
December 06, 2021, 07:15:42 AM
#7
Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?
I think some whales are faking out the bear market. Yes this is to shaken some of those investors and traders and once they caught them, the real bull run begins. Only my opinion, cause there is nothing much reason to avoid adoption. Well btc is the only indicator of what could happened. Like if its down everything's goes down. But once the whales decide to pump it. The market will be alive again.
hero member
Activity: 2002
Merit: 534
December 06, 2021, 06:58:14 AM
#6
Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?

This month is really wierd. A few weeks ago I thought we would see a small end of year rally just before Christmas. Politicians kept saying that the covid pandemic is not so bad anymore, many people are vaccinated and we don't need another lockdown. So economy wise this year looked better than last year. But now with the new covid mutation I am not sure anymore. It sounds like another doomsday scenario and maybe we are exactly where we were last year.
hero member
Activity: 2268
Merit: 588
You own the pen
December 06, 2021, 06:40:13 AM
#5
The crypto market is weird in its ultimate sense where the price won't stay for too long rather it goes up and down frequently. Those people who have been in this market for a while, know exactly what's going on and they just simply relax and don't really care about it whether the price is on a roller coaster this past few days. Looks like we will not accomplish any new ATH for the top 10 cryptocurrencies in the crypto market this month rather the price will be unpredictable if it's able to hold its current position or not. If you are a heavy investor, you should know that you need to take a closer look at when to pull back your investment.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
December 06, 2021, 06:39:05 AM
#4
Is this December actually playing out like the past December?
There is so much bad news combined with fear and panics. So many big things happened and crypto can't resist it. Bitcoin was also getting a very bad trend at this moment. I see that the price movement is not usual right now. Some tokens were dumped so hard without any reason and people were converting all of their money into stable coin to prevent the dump to the market.

Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?
It's not for bitcoin but it's yes for whole of altcoins market. You can see that bitcoin gets less than 15% dump while whole of crypto market especially for mateverse tokens were dumping so hard.  Stop to follow those youtubers. They were getting paid to manipulate their viewers
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