What happened to the crypto market now?

Abiky

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Quote from: cheezcarls on September 03, 2023, 04:57:17 AM

As of this time, we're in an uncertain situation. Despite XRP and Grayscale win their respective lawsuits against the SEC, it's just a temporary gain and it will gradually lose momentum that leads for the market to go back to square one.

Before the Grayscale announcement, BTC is sitting around $25.9k and was pumping to $28k for a few days. However because of the postponement of other ones applying for Bitcoin Spot ETFs, the market was manipulated and goes back once again to $25.9k.

It would be a gain for those who have positioned themselves correctly whether long or short. There's nothing that could really hype up the crypto market just like what we have experienced for most of 2021.

As we are preparing for the BTC halving this coming 2024, there are no promises or guarantees whatsoever if it would be a catalyst for a future bull run of the market once again. Time will tell.

I think we should blame central banks for this (particularly the FED). Rising interest rates, makes risky assets a less-attractive option to mainstream investors. Until inflation is put under control, don't expect market prices to rise anytime soon. At least, the crypto market is performing better than the stocks market. By far, BTC has been classified as the "best-performing asset of 2023". Once BTC goes up, altcoins will follow.

I'd suggest you buy prominent coins while they're still cheap. We might never be able to see such low prices again after the market turns bullish. Who knows how the crypto market will look like in the future? Just my thoughts Grin

nurilham

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Quote from: Jocuserious on August 05, 2023, 01:47:55 PM

First of all you need to understand that the crypto market is not stable and no coin has a stable price.

Indeed. Crypto market is unstable, it is also unpredictable. Moreover, crypto market is quite sensitive with the news/rumors. The market trend easily changes when there is good/bad news. That's why everyone should be careful to trade or invest in crypto.

We have stable coins, the prices don't fluctuate very significantly like common crypto coins. However, it is true that the prices of stable coins still change, it is not totally stable.

Quote from: Jocuserious on August 05, 2023, 01:47:55 PM

So you have to invest by controlling the market up or down like a smart investor does.

What do you mean?
I think investment doesn't mean controlling the market. If we control the market, it means we manage the market trends and determine the direction of crypto market. But the common investors never do that, only the whales that have the ability and intention to control the market. They sometime manipulate crypto market.

Quote from: Jocuserious on August 05, 2023, 01:47:55 PM

Moreover, crypto dumping is one of the best opportunities that you can exploit to buy coins.

Dump is always the right time to buy. If people really want to invest in crypto, now is the right opportunity for buying. The prices of crypto coins are dumping, we experience the red market lately.

blockman

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Quote from: RussianEnglishTranslation on September 11, 2023, 03:19:50 AM

TA is astrology for men.

That's kind of funny but it's totally for everyone, we need to take note that not all the TAs are right and accurate. However, sometimes the also work and help a lot of decisions especially in uncertain times.

Quote from: RussianEnglishTranslation on September 11, 2023, 03:19:50 AM

Just buy something that's stakeable like Polygon or Q Blockchain or Incognito Chain and stake it till you make it.

While many of these altcoins are good and stakeable but always choose what you know is right and fits you. There have been a lot of these staking coins that seems interesting in the first place but then afterwards, they are not anymore. The market is still uncertain today but with all of the news coming out, we've got some assurance that it will be better later. While this is the situation that's not good for now, we're all believing and waiting for the halving and then people will ask again the same thing on how did it happened.

RussianEnglishTranslation

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Quote from: Pamadar on September 04, 2023, 06:30:02 AM

Quote from: cheezcarls on September 03, 2023, 04:57:17 AM

As of this time, we're in an uncertain situation. Despite XRP and Grayscale win their respective lawsuits against the SEC, it's just a temporary gain and it will gradually lose momentum that leads for the market to go back to square one.

Before the Grayscale announcement, BTC is sitting around $25.9k and was pumping to $28k for a few days. However because of the postponement of other ones applying for Bitcoin Spot ETFs, the market was manipulated and goes back once again to $25.9k.

It would be a gain for those who have positioned themselves correctly whether long or short. There's nothing that could really hype up the crypto market just like what we have experienced for most of 2021.

As we are preparing for the BTC halving this coming 2024, there are no promises or guarantees whatsoever if it would be a catalyst for a future bull run of the market once again. Time will tell.

Only time can tell, more on how investors and traders will position their money while analyzing the market. It's difficult to say whether the direction will push forward and pump the market,

Or, it will stay this way and continue to play around and let the moving money to decide what direction
to move, better to work more on analyzing and anticipating by doing your research.

TA is astrology for men. Just buy something that's stakeable like Polygon or Q Blockchain or Incognito Chain and stake it till you make it.

Pamadar

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Quote from: cheezcarls on September 03, 2023, 04:57:17 AM

As of this time, we're in an uncertain situation. Despite XRP and Grayscale win their respective lawsuits against the SEC, it's just a temporary gain and it will gradually lose momentum that leads for the market to go back to square one.

Before the Grayscale announcement, BTC is sitting around $25.9k and was pumping to $28k for a few days. However because of the postponement of other ones applying for Bitcoin Spot ETFs, the market was manipulated and goes back once again to $25.9k.

It would be a gain for those who have positioned themselves correctly whether long or short. There's nothing that could really hype up the crypto market just like what we have experienced for most of 2021.

As we are preparing for the BTC halving this coming 2024, there are no promises or guarantees whatsoever if it would be a catalyst for a future bull run of the market once again. Time will tell.

Only time can tell, more on how investors and traders will position their money while analyzing the market. It's difficult to say whether the direction will push forward and pump the market,

Or, it will stay this way and continue to play around and let the moving money to decide what direction
to move, better to work more on analyzing and anticipating by doing your research.

cheezcarls

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As of this time, we're in an uncertain situation. Despite XRP and Grayscale win their respective lawsuits against the SEC, it's just a temporary gain and it will gradually lose momentum that leads for the market to go back to square one.

Before the Grayscale announcement, BTC is sitting around $25.9k and was pumping to $28k for a few days. However because of the postponement of other ones applying for Bitcoin Spot ETFs, the market was manipulated and goes back once again to $25.9k.

It would be a gain for those who have positioned themselves correctly whether long or short. There's nothing that could really hype up the crypto market just like what we have experienced for most of 2021.

As we are preparing for the BTC halving this coming 2024, there are no promises or guarantees whatsoever if it would be a catalyst for a future bull run of the market once again. Time will tell.

Wahyuihib

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Rexx

In accordance with its volatile nature, falls and rises in cryptocurrencies often occur. so you don't need to worry. It's not just you who feels it, I feel it too. Therefore, the more cryptocurrencies go down, the more ownership we have to have

peter0425

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Quote from: LittlePrinceCat on December 13, 2021, 10:17:48 AM

Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?

because the market already reached its top that moment so expect a dropping ,
usually there is 2 things in this market and that is pumping and dumping ,
or much familiar in bull market and bear market.
you posted this thread after the effect of halving takes place meaning we are in Bear market then.
like today the market is dropping but get ready because we are closing to bull market in the coming year.

bitterguy28

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if people will be alarmed each time market will go this low , then this forum will be flooded with the same topic again and again.
people must understand that this is how crypto market must be.
this is what our investment is going , alarmed if bear market but celebrating when Bull market?
unfair isn't ?

ZAINmalik75

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Quote from: LittlePrinceCat on December 13, 2021, 10:17:48 AM

It seems that crypto continues to crash and no chance for pump up in these few days. Or that’s the end of crypto?
Could anyone answer me?

Crash is Crypto and especially in Bitcoin is just like normal routine and there is nothing special to be surprised but btc has history to bounced back more stronger than previous time and that why we had seen new ATH after every bear season or crash season, so the best advice for that time is to accumulate as much as possible btc at current time, while calling such dump end of Bitcoin is meaningless and bullshit because in past most of high profile people give thier negative comments on Bitcoin that's it's game is over but Bitcoin bounced back more and more stronger and give a solid slap on hatters face
Here is a complete detail list of when and who trolled and give negative statement about Bitcoin on its bad time and how Bitcoin react after that.

https://buybitcoinworldwide.com/bitcoin-is-dead/

shinratensei_

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Quote from: bxipp on August 01, 2023, 10:57:21 PM

I am feeling sad as i being in crypto space for long time now until today i always make a mistake in investment. I should stick on bounty instead putting my own money at the risk. Learning and failing still not changed at all the way of my life. More likely to going down the hill as i am very bad at trading. Cry

be investors instead of traders then, being a trader is really difficult honestly, not everyone are committed but with investing at least you just invest and thats it.

you should realize that maybe you are losing until now because you are really eager to make profits meanwhile its not gonna be that easy.
trading requires you to have extensive knowledge of how the market trully gonna works.
there's reason why majority of people are reliant with trading signal and even copying the trades history of reputed traders because its just simply difficult when you have limited knowledge in regard of trading itself.
therefore its not that you are that bad its just that maybe the market is too difficult to make profit.

Abiky

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Jocuserious on August 05, 2023, 01:47:55 PM

First of all you need to understand that the crypto market is not stable and no coin has a stable price. So you have to invest by controlling the market up or down like a smart investor does. Moreover, crypto dumping is one of the best opportunities that you can exploit to buy coins. On the other hand hype will not always come you can get it suddenly anytime so getting addicted to hype will not be the best investment.

Indeed. You just need to play your cards right by either buying/selling depending on market sentiment. Crypto is going through a prolonged bearish season, so don't expect higher market prices anytime soon. Smart investors would buy the dip before the market turns bullish again. Once everything goes back up, you'll be able to cash out huge profits in return. I'm confident the crypto market will "shine" again after the Bitcoin halving of 2024.

Many have predicted a BTC price north of $100k. If that happens, altcoin prices will rise like skyrocket. Whenever or not that will happen by 2024, is yet to be seen. As long as you don't go crazy putting all of your life savings into crypto, there should be nothing to worry about. Who knows who the next crypto millionaires will be? Just my thoughts Grin

Jocuserious

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First of all you need to understand that the crypto market is not stable and no coin has a stable price. So you have to invest by controlling the market up or down like a smart investor does. Moreover, crypto dumping is one of the best opportunities that you can exploit to buy coins. On the other hand hype will not always come you can get it suddenly anytime so getting addicted to hype will not be the best investment.

Odusko

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Quote from: LittlePrinceCat on December 13, 2021, 10:17:48 AM

Crypto continues dropping these few weeks which is more than a manipulation or a correction. It seems that crypto continues to crash and no chance for pump up in these few days. Is the bearish market starting? Or that’s the end of crypto?
Could anyone answer me?

There may be likely not be a bull market anytime soon and any coin does a price increase in the form of a pump to then means that it is a planned pump attempt that will not last long so I won't support such market behaviour and any coin that exhibits such behaviour is not to be trusted for long term investment.

Unless if the pump happens during a general bull market and which is expected sometime around next year and the major trigger for that market uptrend is the Bitcoin halving which will happen around March or April 2024.

raidarksword

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As the current market right now, we all can say that we are still in bear market and consolidation period is this year which means its the best time to buy our favorites tokens/coins that certainly will bring good fortune as the halving and bull market is slowly coming in that shows the sign of the market recovery and all.

bxipp

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I am feeling sad as i being in crypto space for long time now until today i always make a mistake in investment. I should stick on bounty instead putting my own money at the risk. Learning and failing still not changed at all the way of my life. More likely to going down the hill as i am very bad at trading. Cry

Rupok

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The crypto market isn't always poised for growth right now. But we have seen some change in Bitcoin price from 16K to now Bitcoin has reached 28K. But on the other hand it is seen that altcoins are dumping. Market movements are very difficult to understand right now. Crypto market huge drop means huge opportunity to buy coins at discount, which if we look at Bitcoin we realize if we could have bought at 16k now we can sell at 28k now. Those who bought Bitcoin then are now reaping huge profits.It is indeed very sad for those who missed such an opportunity.A good amount can be earned even in a bear market if the investment method is used properly.

Dessy88

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If you are a crypto investor then never criticize altcoins dumping because many of the best coins can be bought at low prices at this time which is definitely the best opportunity. Moreover, is the crypto market always ready to grow? This is not the case because the investment cycle here is organized so none of us know what will happen next. But buying tokens at low prices is a pleasure that investors always seek.

Abiky

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Quote from: v3liana on July 13, 2023, 05:54:13 AM

Bearish, correction, manipulation all of that is very normal in crypto. In investment it pretty normal and we can't expect to see green candle every single day. If you scared with market correction i suggest you just DCA your fav coin.

Inexperienced crypto traders and/or investors are the ones who usually panic when they see wild fluctuations in crypto market prices. Especially when everything is going down the drain at a very fast pace. This is perfectly normal, since the crypto market is small compared to other markets. A lot of liquidity is needed to help stabilize the crypto market.

For those who truly understand how crypto works, a huge dip in price means a huge opportunity to buy coins at a discount. Based on previous market behavior, prices bounce back to their original levels (even higher) after an extended "bearish" season. Just stick to the rule of buying low and selling high and there should be nothing to worry about. Who knows how far will the crypto market go? Just my opinion

Amejoaquim

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When we are in the bear market, i don't even think it's the end of crypto. What i'm thinking when we are in bear market thats gonna be a new chapter for crypto investment. RN, we just need appreciated the momment because we are in a good trend after the ETF news.

Topic: What happened to the crypto market now? (Read 2214 times)