What happened to the crypto market now? - page 9.

Lordshiva

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Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 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?

Usually every four years there is a major correction in cryptocurrency that is happening this year. And that was before in 2017. So there is nothing to be afraid of seeing now is the time to just buy bitcoin and keep it hold for a long time. It seems that the market will not recover much this year. In 2023, the market will again pump a lot. Like 2017-2019

Actually I am pretty happy that bitcoin price has gone done because I already sold my coins due to some medical emergency in my family and now I am looking to buy again. so that is not that for me. I started to buy in small amounts but I am waiting for it to go down a bit more then I will buy more.

Oneandpure

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Quote from: Oneandpure on January 18, 2022, 11:27:52 AM

Nothing to be afraid if you still loss with altcoin assets price dump better holding than you try with cut loss, always remember what CZ as CEO from Binance "If you can't hold, you won't be rich" always remember when you try to cut loss your assets because when bitcoin recovery I sure your coin price will back again depend on bitcoin value. I think three are always true with words said by many investor holder is the winner and never confused when price dump, keep calm and waiting when bitcoin back again to higher price and take chance with altcoin touch all time high again.

Iy will depend on what coin we are holding, holding is true for bitcoin and other top altcoins but not in all altcoins, as we see the performace of the market in 2017 pump to 2018 dump many projects from ICo before were not available now in the market since they were not able to recover from price drop. It willbe better to cut loss and just buy back if we know that the project isnt that popular or just new in the market. Shifting in much safer coins that have proven in time van help if we only plan to hold it until the market recovers.

Have loss more than 30% I think is not good way for cut loss waiting and hope bitcoin can reach higher price, maybe I am real holder although have loss about 30% keep try holding until have good moment back to higher price. But many time I made mistake with buying shit coin although holding one or two years nothing can make price pump. I know cut loss some time have positive side where we can buy back on lower price when reach higher price we get recovery and take much profit for coin holding, have positive and negative side with cut loss moment and have faithful if try to cut loss.

trauchot

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The usual correction of the cryptocurrency market and this correction can last for several years, so you need to get ready for this, and in general you should not worry if the correction of the cryptocurrency market begins, because when the cryptocurrency market correction starts, you can invest in cryptocurrencies at favorable prices and in the future with these investments, it will be possible to fix an excellent profit, and you should not worry about the end of cryptocurrencies, since cryptocurrencies are already everywhere and nothing bad will happen with cryptocurrencies, but on the contrary, cryptocurrencies are becoming more and more popular.

TheGreatPython

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Quote from: Ozero on January 18, 2022, 09:20:23 AM

It is possible that the bearish period has indeed arrived. Bitcoin has been at the price level of 40-42 thousand dollars for a relatively long time, and ethereum is a little more than 3000 dollars. But keep in mind that after the last big period of the bear market in 2018-2019, the market continued to develop and change. Since that time, many more people have joined the cryptocurrency, and this gives reason to argue that it has become more flexible, and the price recovery period will be much shorter. So I don't think the current bear market will last.

We can't say it "arrived" when we reached from 68k+ price to slightly under 40k recently. I mean it has been here for a while now, you can't just say it "arrived" like that happened the other day. In fact, we had a bear period when it went from 68k+ to under 50k, that was the bear period, this is more stagnant than bear to be fair. I mean which one sounds more bear to you, price moving 40%+ down in two weeks, or price moving 10-20% in 2 months?

I personally feel like the 40%+ one was the real bear. Right now nothing is wrong with crypto and everything seems fine, we should not be really focusing on the price going down all this much, it became a like obsession for many people.

Oneandpure

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Quote from: btc_angela on January 18, 2022, 10:52:31 AM

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Today the market dropped again and i lost a lot of value, i hope the negative trend from december will end soon, what i'm afraid is that the 2018 trend will happen again so that people get bored and leave cryptocurrencies.

Well I guess there's nothing to be afraid of, if you have said the bear market in 2018 then by now you should have at least prepared yourself already and should have plans on what to do in a bear market. As for the price going down again, I haven't check the news yet, but it seems another pressures coming from the bears at this point. And obviously, many are selling because we are trying to go over at $43k and we are not successful (at least bitcoin's price). So there is weakness amongst the bulls right now and short term predictions points to a bear market at least in the first quarter of the year.

Nothing to be afraid if you still loss with altcoin assets price dump better holding than you try with cut loss, always remember what CZ as CEO from Binance "If you can't hold, you won't be rich" always remember when you try to cut loss your assets because when bitcoin recovery I sure your coin price will back again depend on bitcoin value. I think three are always true with words said by many investor holder is the winner and never confused when price dump, keep calm and waiting when bitcoin back again to higher price and take chance with altcoin touch all time high again.

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Quote from: Valak on January 18, 2022, 06:57:01 AM

The crypto market in the third week of 2022 still tends to be sluggish and has not risen like in November 2021. The sluggish crypto market is known to have occurred in early 2022 trading.

And do you think that in the next week the crypto market conditions will be much better because I also don't see any new news that could surprise the market in the last two weeks for cryptocurrencies in general.

We are currently double bottom on weekly chart if the price close above 40K this week. Holding that level is our last hope to withstand this possible terrible downtrend. It is possible that we will se again 30K level since that is the second strong support prior to 40K level. I hope the price will not close below 40K level or else we will repeat again the history of the crypto cycle.

btc_angela

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Today the market dropped again and i lost a lot of value, i hope the negative trend from december will end soon, what i'm afraid is that the 2018 trend will happen again so that people get bored and leave cryptocurrencies.

Well I guess there's nothing to be afraid of, if you have said the bear market in 2018 then by now you should have at least prepared yourself already and should have plans on what to do in a bear market. As for the price going down again, I haven't check the news yet, but it seems another pressures coming from the bears at this point. And obviously, many are selling because we are trying to go over at $43k and we are not successful (at least bitcoin's price). So there is weakness amongst the bulls right now and short term predictions points to a bear market at least in the first quarter of the year.

asyakashi

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This moment often occurs at the end of the year our investors enjoy the end of the year holidays. At that time, we should not enter the market first until the situation is stable. In January, the market was still down. I think we'll have to wait by the middle of 2022 to see the market really stable.

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The bearish market is confirmed now. Bitcoin is now at $40k. I guess it's been at its lowest price of the week, but I don't see any sign of a bull back either. Re-entry or waiting for a cheaper price is each other's choice.

common situations. waiting for you for a cheaper price often brings regret. as well as buying at the current price, sometimes the price will go back down deeper.
we will never know the basis of the bitcoin movement. the shallow analysis allows everyone to get caught up in their investments. whereas people who have made their investments in the long term will stay calm at the market situation they are used to seeing in years, maybe even worse.

Ozero

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Quote from: Wildwest on December 29, 2021, 08:34:01 AM

For now, the price decline continues to occur so many say that the bearish market is back but we just wait until the new year if indeed the market is not back at the pump then it will most likely last for several years as it did in the previous year, but we expect this is only a correction at the end of the year and the value of crypto will again peak for next year.

It is possible that the bearish period has indeed arrived. Bitcoin has been at the price level of 40-42 thousand dollars for a relatively long time, and ethereum is a little more than 3000 dollars. But keep in mind that after the last big period of the bear market in 2018-2019, the market continued to develop and change. Since that time, many more people have joined the cryptocurrency, and this gives reason to argue that it has become more flexible, and the price recovery period will be much shorter. So I don't think the current bear market will last.

kojektea

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It seems like this has often happened at the end of every year, many of our investors and traders who enjoy the end of their year with a vacation, so the market trading is very quiet, yes now it has entered January as it is now a bear market. I see a lot of good cryptos to buy in the bear market to wait for the next bull.

kapalmabur

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Quote from: Valak on January 18, 2022, 06:57:01 AM

The crypto market in the third week of 2022 still tends to be sluggish and has not risen like in November 2021. The sluggish crypto market is known to have occurred in early 2022 trading.

For now, we really need to be patient and wait for market conditions to recover.
it's just a matter of time and hope it can be realized in the near future,
most importantly follow the progress and see what will happen later

Valak

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The crypto market in the third week of 2022 still tends to be sluggish and has not risen like in November 2021. The sluggish crypto market is known to have occurred in early 2022 trading.

velive08

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Quote from: LittlePrinceCat on December 13, 2021, 09:17:48 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?

No, this happened only because of the market correction.
Market conditions like today are commonplace and I think this is an opportunity for many people to buy some altcoins that have future opportunities, namely the price will increase in the following year.

gurunanakji777

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Year-end or you can say the festival season is going on and most of the traders are not trading and enjoying the festival and I would say current market in the correction phase it's not manipulation as the total volume is also very less nowadays. I believe the market will start reviving in the second week of January. At present, we can't say it is a bear market. There are certain support and resistance level that will decide the direction of the market in the coming days until and unless breakout of the levels.

cheezcarls

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Not really a crash though. We understand that crypto investors who have made huge gains in the past and waited for December may sell some to spend for holidays. I have already anticipated this so I honestly think that it’s unlikely that BTC may go up to $100k before the year ends. Based on the chart, I think BTC still has a chance (not good chance, but at least slim or small would do) to move up to $50k but now it’s consolidating between $47k to $50k. Just enjoy the Holidays for now man.

Wildwest

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For now, the price decline continues to occur so many say that the bearish market is back but we just wait until the new year if indeed the market is not back at the pump then it will most likely last for several years as it did in the previous year, but we expect this is only a correction at the end of the year and the value of crypto will again peak for next year.

Abiky

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Quote from: savetheFORUM on December 28, 2021, 05:10:58 PM

Yeah, as most people call it, "buying the drips". By the way, I think while the crypto market is not on a decline because the blockchain technology is getting implemented in new sectors every day, I would not shy away from sharing that we are definitely moving in the wrong direction. Everyone now days is looking to make quick money and more fake and meme coins are out in the market and they don't even feel bad announcing themselves as memes.

I felt the ICO years were the worst but what's happening now and people getting mad about meme coins is the worst phase for cryptocurrencies as compared to the ICO years when everyone was raising funds, at least they had a decent idea. Now it's just utter bullshit in the market with all the memes.

The crypto market has changed a lot over the years, as new trends come up in the crypto/Blockchain space. Nowadays, it's all about "meme" coins, "De-Fi", and NFTs where people pour money like crazy with the hopes of getting rich in an instant. Things were different back then, as not many people were aware of crypto/Blockchain tech. It was all about Bitcoin and a few good-old altcoins, where development was taken more seriously than what it is right now.

Of course, even with today's bearish market, development is still happening behind the scenes. But developers are more focused on launching "shitcoins" than improving existing blockchain networks for the benefit of all. Newcomers into crypto don't really understand what it's all about, so the moment they see market prices going down, is the moment they'll believe it's the end of the world. I wouldn't worry about this, as long as crypto fulfills its promise of "bringing banking to the unbanked". Just my thoughts Grin

savetheFORUM

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Quote from: taufik123 on December 23, 2021, 12:58:35 PM

The end of crypto? Thinking like that proves that you're not too deep into the crypto world. You still don't know crypto's crazier decline than today.
bearish market only as without correction or in a period of consolidation.
Take a look now, the market has started to improve. The right decision when the market crashes is to buy it. Use your capital reserves if you still have reserves. Get rid of your panic.

Yeah, as most people call it, "buying the drips". By the way, I think while the crypto market is not on a decline because the blockchain technology is getting implemented in new sectors every day, I would not shy away from sharing that we are definitely moving in the wrong direction. Everyone now days is looking to make quick money and more fake and meme coins are out in the market and they don't even feel bad announcing themselves as memes.

I felt the ICO years were the worst but what's happening now and people getting mad about meme coins is the worst phase for cryptocurrencies as compared to the ICO years when everyone was raising funds, at least they had a decent idea. Now it's just utter bullshit in the market with all the memes.

tygeade

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Quote from: Dave1 on December 25, 2021, 05:03:55 AM

Taking loans? It's a double whammy to me so I won't take that risk to go there.

It's better to really just invest the money that you can afford in this market because it's really volatile that we don't know what will be the price movement. It can either go down and up and depends on the sentiments of the people. So for beginners, it's not recommended to go down that path here. Sooner or later you might end up losing money, in my opinion.

Completely agree with you, Dave. Taking loans to invest into something and believing that you will be able to pay off the loan amount plus the interest is optimistic at best. It may work for a trader who is very experienced and just needs quick funds but for someone who is not used to these things shouldn't try it at all.

The idea of taking loans when the market is down doesn't sound bad to begin with but when you look into the other side of things like how do you plan to repay in case things don't go as you imagined, it starts looking bleak. If you have a backup plan, then go ahead!

By the way, investing into altcoins with borrowed money is almost the best way to get rekt.

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