what do you expect from cryptocurrency? - page 6.

kotajikikox

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Quote from: Wong Goblog on December 07, 2022, 04:22:30 AM

Of course I hope the market can recover or the price of ETH can reach at least $ 3500, a year ago I invest Eth, BNB, Cake and so on when the market was at the top, now the price of drops and more than 70% I lost money, when there was a moment for rising. disturbances such as Luna and FTX.

market will recover but Soon ? I'm not sure because 2023 seems to be more bearish that 2022 as this is closer to Halving and we knew what happened every year like that , though sideways may happen but very little chance so be ready for the incoming dumping.
FTX effect will surely come to the early of next year as the season of Christmas stands for strong market but the next months will be different .

LastKiss

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Quote from: naira on December 15, 2022, 01:39:54 PM

Currently, it is very difficult to choose and sort out coins that have ideal criteria from my personal point of view. Maybe because careful research is needed and a review of the people behind the coin project. My wish for an ideal coin is to have strong backups, a solid and focused team as the initial roadmap, then to be able to provide real products to investors so that they have a continuous level of trust.

Right now it's difficult to choose a good project even though there are a lot of them but we don't know if they gonna end up rugs or not. Since many people are aware of next year's recession and inflation they don't want to risk their money in this crypto investment anymore. We can't expect that a project that have a good team good product will be survive in the next 5 years but it's always better to choose a project with real effort rather than a scam project.

naira

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Currently, it is very difficult to choose and sort out coins that have ideal criteria from my personal point of view. Maybe because careful research is needed and a review of the people behind the coin project. My wish for an ideal coin is to have strong backups, a solid and focused team as the initial roadmap, then to be able to provide real products to investors so that they have a continuous level of trust.

Pierre 2

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I generally expect couple things from crypto coins. Mainly altcoins I mean.
I expect them to have use cases. Give it or take whatever, it should have use case, it may be about video game, it may be about financial instrument, it may be about creating passive income through defi. Or it may be about opportunity to move my money quickly and cheaply.
My second desire is for an altcoin to not lose value all the time so I can deposit it anytime in my cold wallet and I wanna be able to forget it completely.

peter0425

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Quote from: lienfaye on December 08, 2022, 10:59:11 PM

Quote from: peter0425 on December 08, 2022, 12:22:12 AM

In moment like now where market is totally unpredictable and even Bitcoin that is the secured coins are experiencing like this , I think the best way to deal is that either Buy more bitcoin or Hold your position.

That's the best thing to do at this time. But many investors are hesitant to do so because of FUD. They don't buy at cheap price even it's an opportunity, it's because they prefer to see the market to recover first before they will buy.

Quote from: peter0425 on December 08, 2022, 12:22:12 AM

because there are no reason why need to sell , or need to panic because market will surely recover though ,may take at least another 2 years from now.

Yes but not all investors are thinking the same way especially those who only invest due to hype of the specific crypto and not because they understand what they're getting into. Thus, investing is not for everyone who don't have patience. Because if you don't have patience then you can't hold until the bullrun comes since you probably panic sell at loss.

if you does not understand what is crypto then try not to put big amount before fully understanding , remember that there are so much to expect aside from this mate , investing in 5-10 coins is better than single currency so meaning diversification is the best attitude mate and never let yourself dig into solo investment .

ethereumhunter

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Everyone who invests in crypto certainly expects the prices of the coins they invest in to increase. They are trying to be patient in waiting for the market to strengthen and increase again. And right now, they are still waiting and still buying lots of coins that have the potential to increase.

After last year's upswing, now the market conditions are down but this is only temporary and once this process is over, they will see the market will start to increase and eventually make a new history. Many of the coins will increase and give a big return, so they are still patient. And their biggest hope is that they can get that biggest profit again.

Chato1977

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Quote from: peter0425 on December 08, 2022, 12:22:12 AM

Quote from: Chato1977 on December 07, 2022, 11:25:06 PM

Quote from: albon on November 30, 2022, 12:20:43 PM

Quote from: Chato1977 on November 29, 2022, 10:11:40 PM

I expect something more mate, Have been trusting cryptocurrency for 4 years , and experienced having a great return so who am I to deny the fact that one day I could be a millionaire by trusting this coins?

but leaving the projects newly opened and trusting only those who have been serving people for years now.

Yes, you can become a millionaire. cryptocurrencies are an investment source of huge returns. Given the current momentum and interest, cryptocurrencies are growing profusely day after day, so I agree with you and OP. Bitcoin is a safer and more profitable coin in the long run and in light of the collapse of the global economy and the collapse of the crypto market, the solution is not to panic sell and hold Bitcoin until the next halving or until the market recovers. It is always difficult to give a price prediction, but I expect that the bear market will not last long, so we have to invest in Bitcoin, Ethereum, and many other Trusted coins and hold them in our wallets and wait.

That is exactly what I wanna say though this is altcoin section so mentioning bitcoin is a bit odd , but yes trusting bitcoin and Ethereum together wil other altcoins that i have been keeping for years will be my key to become millionaire one day , I am not in a hurry because I knew that this will take some years more but willing to wait till it happens.

In moment like now where market is totally unpredictable and even Bitcoin that is the secured coins are experiencing like this , I think the best way to deal is that either Buy more bitcoin or Hold your position.

because there are no reason why need to sell , or need to panic because market will surely recover though ,may take at least another 2 years from now.

that 2 years is enough time from now to recover , I have seen so much pressure from all over the market but as we continue to hold makes us strong and staying trusting this crypto.

but we must not talk about Bitcoin only here because OP is asking about crypto and that represent the totality of the market .

Buy more and hold long that is the best treatment now.

Silberman

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Quote from: Ziskinberg on December 10, 2022, 09:13:17 AM

Quote from: rikybrosh on November 29, 2022, 02:13:06 PM

Todays world's economy is not so good. High rate of inflation and many bad things are happen, also cryptocurrency market seems not so good either. But I think it is better to hold bitcoin rather than fiat as government seems that can't do something significant improvement on economic growth. Unlike my expectations for the world economy, I have good expectations to cryptocurrency especially bitcoin. Bitcoin has a good thing that called a "Halving" where it usually cause it price to rise, while other fiat don't have anything to expect except inflation. I would like to know about your expectations about cryptocurrency, please share your opinion.

We have faced the Covid-19 crisis and still, we survive. Now with this war and economic crisis, I still believe this won't make the market collapse. However, we still be seeing the market grow instead and continue adoption. I can't make myself think negatively but rather be optimistic about the incoming.
I'd believe the 4-year cycle of the market, we have this bear season this year, and can be extended next year but someday, all of these drops and corrections will turn into rallies and ups. Though we can't expect high, at least we have some views that the marker will recover soon just like before.

Better days are coming, what many people do not know is if they have what it is needed to hold their coins until those days finally arrive, and for the people that are experimenting these conditions for the very first time this is a difficult test, because even if the economy seems to have somehow become more stable we never know if yet another war could start and then the current balance we have reached is suddenly broken and we get to see yet another crash.

Ziskinberg

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Quote from: rikybrosh on November 29, 2022, 02:13:06 PM

Todays world's economy is not so good. High rate of inflation and many bad things are happen, also cryptocurrency market seems not so good either. But I think it is better to hold bitcoin rather than fiat as government seems that can't do something significant improvement on economic growth. Unlike my expectations for the world economy, I have good expectations to cryptocurrency especially bitcoin. Bitcoin has a good thing that called a "Halving" where it usually cause it price to rise, while other fiat don't have anything to expect except inflation. I would like to know about your expectations about cryptocurrency, please share your opinion.

We have faced the Covid-19 crisis and still, we survive. Now with this war and economic crisis, I still believe this won't make the market collapse. However, we still be seeing the market grow instead and continue adoption. I can't make myself think negatively but rather be optimistic about the incoming.
I'd believe the 4-year cycle of the market, we have this bear season this year, and can be extended next year but someday, all of these drops and corrections will turn into rallies and ups. Though we can't expect high, at least we have some views that the marker will recover soon just like before.

Subbir

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I think because the crypto market is not stable it has little to do with the economic downturn. If the right projects are chosen, the crypto industry will continue and reach the peak of growth currently the condition of the crypto market is very bad but we have to wait patiently for the recovery of the market. Even if the economy does not develop the crypto market rises with the investment and increase in value of currencies like bitcoin.

raidarksword

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We have faced many obstacles in the crypto industry, with so many platform collapses and negative sentiments crypto industry is till much alive despite all the unprecedented happenings occurs all year long. Crypto is not yet dead and this coming year 2023 crypto enthusiasts have much more hope that crypto will recover and continue to prosper even more.

fuguebtc

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Quote from: Adbitco on December 06, 2022, 05:54:59 AM

Cryptocurrency at large has it own functionality and if economy seems not to grow that doesn't mean it would affect bitcoin ...

I think on the contrary, if the economy does not develop, it will also have a huge impact on crypto. When life is stable, people will have a lot of idle money and from there will look to investment channels to increase assets as well as increase income. But when the economy is in recession, people will have difficulty in daily life, and they will only care about life and not spend too much money and time investing.

Even in this crisis, we can feel it. Not only cryptocurrencies but even the stock market are not immune to the impact, the entire financial industry fell into a severe slump this year. Crypto too are part of the world economy and is not immune.

lienfaye

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Quote from: peter0425 on December 08, 2022, 12:22:12 AM

In moment like now where market is totally unpredictable and even Bitcoin that is the secured coins are experiencing like this , I think the best way to deal is that either Buy more bitcoin or Hold your position.

That's the best thing to do at this time. But many investors are hesitant to do so because of FUD. They don't buy at cheap price even it's an opportunity, it's because they prefer to see the market to recover first before they will buy.

Quote from: peter0425 on December 08, 2022, 12:22:12 AM

because there are no reason why need to sell , or need to panic because market will surely recover though ,may take at least another 2 years from now.

Yes but not all investors are thinking the same way especially those who only invest due to hype of the specific crypto and not because they understand what they're getting into. Thus, investing is not for everyone who don't have patience. Because if you don't have patience then you can't hold until the bullrun comes since you probably panic sell at loss.

Oilacris

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Quote from: peter0425 on December 08, 2022, 12:22:12 AM

Quote from: Chato1977 on December 07, 2022, 11:25:06 PM

Quote from: albon on November 30, 2022, 12:20:43 PM

Quote from: Chato1977 on November 29, 2022, 10:11:40 PM

I expect something more mate, Have been trusting cryptocurrency for 4 years , and experienced having a great return so who am I to deny the fact that one day I could be a millionaire by trusting this coins?

but leaving the projects newly opened and trusting only those who have been serving people for years now.

Yes, you can become a millionaire. cryptocurrencies are an investment source of huge returns. Given the current momentum and interest, cryptocurrencies are growing profusely day after day, so I agree with you and OP. Bitcoin is a safer and more profitable coin in the long run and in light of the collapse of the global economy and the collapse of the crypto market, the solution is not to panic sell and hold Bitcoin until the next halving or until the market recovers. It is always difficult to give a price prediction, but I expect that the bear market will not last long, so we have to invest in Bitcoin, Ethereum, and many other Trusted coins and hold them in our wallets and wait.

That is exactly what I wanna say though this is altcoin section so mentioning bitcoin is a bit odd , but yes trusting bitcoin and Ethereum together wil other altcoins that i have been keeping for years will be my key to become millionaire one day , I am not in a hurry because I knew that this will take some years more but willing to wait till it happens.

In moment like now where market is totally unpredictable and even Bitcoin that is the secured coins are experiencing like this , I think the best way to deal is that either Buy more bitcoin or Hold your position.

because there are no reason why need to sell , or need to panic because market will surely recover though ,may take at least another 2 years from now.

We do have that 4 year cycle which everyone been saying that we might be seeing that bull run on year 2026 or after this long crypto winter.There's no way that we could really be able to ensure

on what would happen in the future, whether we would be waiting up for that long or would really be seeing that current pump or sudden change market trend from bear to bull.

For those people who had been on this market for how many years does have definitely that kind of awareness on how this market behaves.
Selling out on losses is really the dumbest thing to be done by someone which it is really that not that right in the first place.

Lambe Ndumble

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Quote from: Adbitco on December 06, 2022, 05:54:59 AM

Cryptocurrency at large has it own functionality and if economy seems not to grow that doesn't mean it would affect bitcoin in fact to me I sees it to be the alt means of reviving our money or assets. With the inflation rate I may decide to convert all my fiat use them to buy bitcoin and hold and after some while I could sell back to gain back my money so is another means to save us from financial meltdown or crisis.

A good thing when we move assets from Fiat to Bitcoin or Altcoins, the opportunity to continue to grow is very large so that I am sure that the future of cryptocurrencies will continue to improve so that we can get a large income or profit.

peter0425

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Quote from: Chato1977 on December 07, 2022, 11:25:06 PM

Quote from: albon on November 30, 2022, 12:20:43 PM

Quote from: Chato1977 on November 29, 2022, 10:11:40 PM

I expect something more mate, Have been trusting cryptocurrency for 4 years , and experienced having a great return so who am I to deny the fact that one day I could be a millionaire by trusting this coins?

but leaving the projects newly opened and trusting only those who have been serving people for years now.

Yes, you can become a millionaire. cryptocurrencies are an investment source of huge returns. Given the current momentum and interest, cryptocurrencies are growing profusely day after day, so I agree with you and OP. Bitcoin is a safer and more profitable coin in the long run and in light of the collapse of the global economy and the collapse of the crypto market, the solution is not to panic sell and hold Bitcoin until the next halving or until the market recovers. It is always difficult to give a price prediction, but I expect that the bear market will not last long, so we have to invest in Bitcoin, Ethereum, and many other Trusted coins and hold them in our wallets and wait.

That is exactly what I wanna say though this is altcoin section so mentioning bitcoin is a bit odd , but yes trusting bitcoin and Ethereum together wil other altcoins that i have been keeping for years will be my key to become millionaire one day , I am not in a hurry because I knew that this will take some years more but willing to wait till it happens.

In moment like now where market is totally unpredictable and even Bitcoin that is the secured coins are experiencing like this , I think the best way to deal is that either Buy more bitcoin or Hold your position.

because there are no reason why need to sell , or need to panic because market will surely recover though ,may take at least another 2 years from now.

Chato1977

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Quote from: albon on November 30, 2022, 12:20:43 PM

Quote from: Chato1977 on November 29, 2022, 10:11:40 PM

I expect something more mate, Have been trusting cryptocurrency for 4 years , and experienced having a great return so who am I to deny the fact that one day I could be a millionaire by trusting this coins?

but leaving the projects newly opened and trusting only those who have been serving people for years now.

Yes, you can become a millionaire. cryptocurrencies are an investment source of huge returns. Given the current momentum and interest, cryptocurrencies are growing profusely day after day, so I agree with you and OP. Bitcoin is a safer and more profitable coin in the long run and in light of the collapse of the global economy and the collapse of the crypto market, the solution is not to panic sell and hold Bitcoin until the next halving or until the market recovers. It is always difficult to give a price prediction, but I expect that the bear market will not last long, so we have to invest in Bitcoin, Ethereum, and many other Trusted coins and hold them in our wallets and wait.

That is exactly what I wanna say though this is altcoin section so mentioning bitcoin is a bit odd , but yes trusting bitcoin and Ethereum together wil other altcoins that i have been keeping for years will be my key to become millionaire one day , I am not in a hurry because I knew that this will take some years more but willing to wait till it happens.

Silberman

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Quote from: Wong Goblog on December 07, 2022, 04:22:30 AM

Of course I hope the market can recover or the price of ETH can reach at least $ 3500, a year ago I invest Eth, BNB, Cake and so on when the market was at the top, now the price of drops and more than 70% I lost money, when there was a moment for rising. disturbances such as Luna and FTX.

Without a doubt it was a bad idea to buy at that moment however you have two options, the most simple is to hold your coins, it is not very exciting but if you can wait for long enough then the price will eventually recover and you will sell your coins for a good price, the other option is to do DCA and buy even more coins at their current price, if you do this then the average price of your coins will go down and not only you will obtain more profits in the future you will also get them even faster than by just holding your coins.

Wong Goblog

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Of course I hope the market can recover or the price of ETH can reach at least $ 3500, a year ago I invest Eth, BNB, Cake and so on when the market was at the top, now the price of drops and more than 70% I lost money, when there was a moment for rising. disturbances such as Luna and FTX.

Xal0lex

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Quote from: Adbitco on December 06, 2022, 05:54:59 AM

Cryptocurrency at large has it own functionality and if economy seems not to grow that doesn't mean it would affect bitcoin in fact to me I sees it to be the alt means of reviving our money or assets. With the inflation rate I may decide to convert all my fiat use them to buy bitcoin and hold and after some while I could sell back to gain back my money so is another means to save us from financial meltdown or crisis.

But at the same time, if the economy is not growing, then cryptocurrencies will not grow either. There is no miraculous escape from inflation, and cryptocurrencies are among the first to suffer if we see any geopolitical uncertainties or a downturn in the global economy. I read a lot of different opinions that bitcoin is the salvation from various kinds of economic shocks, but in fact, it turns out that bitcoin is almost the first thing to get rid of when there is a crisis in the world.

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