Topic: What is happening with Crypto market - page 4. (Read 1036 times)
The current crypto market is completely out of control. Those who are analyzing this market are also not able to analyze within their control But in this market, instead of investing and trading in rubbish coins, buy good coins, trade and invest.Now invest in the most popular currency and make it long term. Remember while investing and definitely try to buy at the lowest price Don't lose patience and trade with a clear mind.If lost at this time, recovery is very difficult and recovery may not be possible.
The behaviour of the market is definitely fluctuating a lot. And all we can do is have patience and wait for the market to get stable.
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
Today I read a post from altFINS about current crypto and macro situation.
Do you think the bear market will continue until FED will end raise interest rates?
The Fed's raises in interest is not the reason for the bear.Do you think the bear market will continue until FED will end raise interest rates?
We don’t know how many more days or weeks the bear market will last, but yes we can estimate and make predictions for the same.
You shouldn’t panic about the bear markets frankly speaking, as bear market comes with great opportunities to buy the high priced cryptos in comparatively low price.
So if possible buy as many Bitcoins or your desired cryptos now. After few weeks or months when the bear market will end, you will be full of profits.
We truly don't know how many days the bear market will last but since Bitcoin still replicates its 4years cycle I have a reason to believe the bear market will end next year after the altcoin season market is over.You shouldn’t panic about the bear markets frankly speaking, as bear market comes with great opportunities to buy the high priced cryptos in comparatively low price.
So if possible buy as many Bitcoins or your desired cryptos now. After few weeks or months when the bear market will end, you will be full of profits.
The problem most crypto investors had is that they see the bear market as an enemy.
-snip-
halving occurs, usually the Bitcoin price will rise very high after the Bitcoin halving occurs, and long term investment in Bitcoin is very good indeed.
We if we still have extra money can buy Bitcoin again at the current price or we can buy Bitcoin every time the price drops. Because accumulating
Bitcoin it would be very profitable to do, after all, Bitcoin is the safest to buy when there is a bear market like now.
Bitcoin halving is a highly anticipated event by all crypto users and those who hold bitcoin for the long term. Every time the halving happens it always reaches a new ATH and it is likely that it will also happen at the 2024 halving later. the current price could be a very cheap price if New ATH is reached again. Buying bitcoins for the long term would be highly recommended and of course allocating some funds to do bitcoin DCA should be done so as not to always get stuck at prices that are too high.halving occurs, usually the Bitcoin price will rise very high after the Bitcoin halving occurs, and long term investment in Bitcoin is very good indeed.
We if we still have extra money can buy Bitcoin again at the current price or we can buy Bitcoin every time the price drops. Because accumulating
Bitcoin it would be very profitable to do, after all, Bitcoin is the safest to buy when there is a bear market like now.
TA 2022-08-06: BTC Halving Analysis
source: https://www.tradingview.com/chart/BTCUSD/NRAuRwKO-TA-2022-08-06-BTC-Halving-Analysis/
A brief history
1. 2009 – Bitcoin mining rewards start at 50 BTC per block.
2. 2012 – The first Bitcoin halving reduces mining rewards to 25 BTC.
3. 2016 – In the second halving, mining rewards go down to 12.5 BTC.
4. 2020 – In the third halving, mining rewards drop to 6.25 BTC.
5. 2024 – In the third halving, mining rewards drop to 3.125 BTC.
In the end, there will still be a profit, but those who bought at a price of 40k and above have regret, because they could buy now at a lower price. On the other hand, it is easy to do in theory, but it is more difficult to implement it in practice. No one could know at that moment how low the price would fall, or if it would fall at all. What if the price continued to rise and up to 100k?
This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
And what better example than those that bought at the all time high of 2017, if they were able to hold their coins then they still made great profits thanks to the new all time high, and even if they are still holding now they are at least breaking even, so the next time we see a bull market their profits will be very high even after the price eventually crashed again.
Every time the mark up of bitcoin drops, as we all know, the same effect occurs with those other crypto coins. In these precarious positions, wait instead of dealing because the market is unreliable and does not stay quiet for very long. These risky things will end, and everyone will be thrilled once the price level rises and is lifted once more.
That's why most of the crypto community really wants the Bitcoin price to recover and pump again, besides they can make a profit from Bitcoin.
The increase in the price of Bitcoin also makes the price of altcoins go up and for investors who also invest in altcoins, they get double profits.
This means that investors can profit from Bitcoin and also profit from altcoins at the same time, that's the importance of diversifying investments. Therefore, seeing the current market conditions where the bear market has not ended, and Bitcoin price always fails to rise above $25k price,
this makes some people frustrated with the current situation which is tiring to deal with. That's the importance of us learning the crypto world properly,
in order to know how the crypto market works and how to deal with the risks that occur in the crypto world.
In the end, there will still be a profit, but those who bought at a price of 40k and above have regret, because they could buy now at a lower price. On the other hand, it is easy to do in theory, but it is more difficult to implement it in practice. No one could know at that moment how low the price would fall, or if it would fall at all. What if the price continued to rise and up to 100k?
This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
They "may" have regret or they could just realize that it's still an advantage because they bought bitcoin while some people still haven't. We need to realize that majority of the world's population do not own bitcoin, and these people may have bought higher but they do own bitcoin and that's great.This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
What they could do know would be buying a little bit more at a lower price and that way drop their purchasing price, that would allow them to make a profit earlier. On top of that they could just wait, I mean sure it would be better if they bought now, but they could wait and eventually they will profit, less profit than people who bought now, but still a profit is a profit and I doubt they would mind it.
and sees the price had bumped into the resistance and now we are going back again below 20k.This is what make things truly unpredictable on which there's no way that we could
really predict precisely on where prices could go.
I'm in same opinion with you, it's very obvious that the price of Bitcoin is unpredictable and in my comments it's what i preached concerning Bitcoin regulations in price, everyone who knows bitcoin is aware that that the price of Bitcoin always not stable and it's rotational, so it do fluctuates and it's the reason we can't have a specific price quote. really predict precisely on where prices could go.
In the end, there will still be a profit, but those who bought at a price of 40k and above have regret, because they could buy now at a lower price. On the other hand, it is easy to do in theory, but it is more difficult to implement it in practice. No one could know at that moment how low the price would fall, or if it would fall at all. What if the price continued to rise and up to 100k?
This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
go.Lets take a look on the recent market situation where the price do hits up some increase in price which i do presume that we might be seeing 25k but it did turns out that it was rejected or failed down
and sees the price had bumped into the resistance and now we are going back again below 20k.This is what make things truly unpredictable on which there's no way that we could
really predict precisely on where prices could go.The important thing here is that you should really know on to handle these situations and made out decisions right through it.
In the end, there will still be a profit, but those who bought at a price of 40k and above have regret, because they could buy now at a lower price. On the other hand, it is easy to do in theory, but it is more difficult to implement it in practice. No one could know at that moment how low the price would fall, or if it would fall at all. What if the price continued to rise and up to 100k?
This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
In the end, there will still be a profit, but those who bought at a price of 40k and above have regret, because they could buy now at a lower price. On the other hand, it is easy to do in theory, but it is more difficult to implement it in practice. No one could know at that moment how low the price would fall, or if it would fall at all. What if the price continued to rise and up to 100k?
This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
those who bought bitcoin at $40k and held it for now may be holding it for the long term and buying again at a low price now. The decline is indeed very drastic, but if the resilience of the capital allocation to buy bitcoin is still available, you just need to wait for a lower price to buy again. and for sure the main target must be more than $ 40 or the target on the new ATH again. and the money used is free money and is not used for any future needs. when the time comes when the bitcoin bulls return, then just need to take a lot of profits. just need to be patient and apply good strategies and do financial management.This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
Even though Bitcoin is now down at $18k, those of us who have bought at $40k or even bought above $40k don't need to worry. Because Bitcoin
will always recover and can rise to new ATH in the future, after all, Bitcoin has repeatedly dropped to very low prices. What we can do as you said
we can only hold the Bitcoin we have and wait for the Bitcoin price to rise to the price we want. My advice is to hold Bitcoin until the Bitcoin
halving occurs, usually the Bitcoin price will rise very high after the Bitcoin halving occurs, and long term investment in Bitcoin is very good indeed.
We if we still have extra money can buy Bitcoin again at the current price or we can buy Bitcoin every time the price drops. Because accumulating
Bitcoin it would be very profitable to do, after all, Bitcoin is the safest to buy when there is a bear market like now.
Every time the mark up of bitcoin drops, as we all know, the same effect occurs with those other crypto coins. In these precarious positions, wait instead of dealing because the market is unreliable and does not stay quiet for very long. These risky things will end, and everyone will be thrilled once the price level rises and is lifted once more.
Now Bitcoin seems to be dropping again, judging from the reason it seems because Russia and Ukraine are heating up again, and reportedly the gas lines at sea were hit by a missile attack, of course this could make world war 3,
for the time being I think we should stay away from the market if you don't want to lose too deep.
Every time the mark up of bitcoin drops, as we all know, the same effect occurs with those other crypto coins. In these precarious positions, wait instead of dealing because the market is unreliable and does not stay quiet for very long. These risky things will end, and everyone will be thrilled once the price level rises and is lifted once more.
In the end, there will still be a profit, but those who bought at a price of 40k and above have regret, because they could buy now at a lower price. On the other hand, it is easy to do in theory, but it is more difficult to implement it in practice. No one could know at that moment how low the price would fall, or if it would fall at all. What if the price continued to rise and up to 100k?
This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
those who bought bitcoin at $40k and held it for now may be holding it for the long term and buying again at a low price now. The decline is indeed very drastic, but if the resilience of the capital allocation to buy bitcoin is still available, you just need to wait for a lower price to buy again. and for sure the main target must be more than $ 40 or the target on the new ATH again. and the money used is free money and is not used for any future needs. when the time comes when the bitcoin bulls return, then just need to take a lot of profits. just need to be patient and apply good strategies and do financial management. This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
People who bought at $40k and $50k are not wrong mate. You shouldn't blame them for any reason, when it was $40k, down from $69k, since it came down from ATH, it seemed that the $40k was the low. But since it turned out that it wasn't the low, there is nothing to trouble yourself about. Even El Salvador bought at the range of 50k.
You do not have to regret for buying $40 to $50k if only you bought bitcoin. But if you bought other coins, I don't know your fate but for bitcoin, we are so so sure that it will touch ATH and still make a new ATH. It is just a matter of time and delay. You will smile at the end.
In the end, there will still be a profit, but those who bought at a price of 40k and above have regret, because they could buy now at a lower price. On the other hand, it is easy to do in theory, but it is more difficult to implement it in practice. No one could know at that moment how low the price would fall, or if it would fall at all. What if the price continued to rise and up to 100k? You do not have to regret for buying $40 to $50k if only you bought bitcoin. But if you bought other coins, I don't know your fate but for bitcoin, we are so so sure that it will touch ATH and still make a new ATH. It is just a matter of time and delay. You will smile at the end.
This is always difficult, so now all that remains is to hold and, if possible, buy bitcoin now to average the price.
I am now curious why the Bitcoin price is dumping now when the inflation rate is rising. At first, I believe that Bitcoin solves this and that Bitcoin is somehow the best solution against inflation for now but we saw the opposite side.
This seems really the effect of a bear market which even though the market tries to recover it's really having difficulty.
Actually the problem with the inflation being directly corresponding to bitcoin rates can be due to that the pay rate or say earning is not proportionally rising so we need to spend more at the same things so it automatically effects our savings which can be otherwise transferred to bitcoin so you see the interlinking chain between them.But there are lot of other factors also like whales not buying at the moment or say many crypto firms going insolvent has affected the market as well.But it will boost with some funds inflow after some time. This seems really the effect of a bear market which even though the market tries to recover it's really having difficulty.
Nothing is happening in crypto that hasn't happened before, 2018 was worst than this. There's always room for a retest, there's bear and bull season. Everything has its season, we just got to be wise about it all.
i agree with you because nothing that has happened in Bitcoin that have not happened since the introduction of bitcoin, everything that's happening now that demands for people making sounds hate speech that bitcoin is rising and falling, it's the nature of the technology that is behind bitcoin. 
You will do well OP if you can get the link to the article site so that those who want to peruse and exhaust it further can do justice to that by reading it up there.
OP talked about how ETH price has disappointedly remained relatively on the same spot even after the Merge. I think that is even a good thing that there's no volatility to it to warrant spikes. It should be an organic growth as that will ensure stability in price on the long run. The merge is supposed to enhance utility and not a get rich quick thing.
That is what you think and it is not what is happening now. OP talked about how ETH price has disappointedly remained relatively on the same spot even after the Merge. I think that is even a good thing that there's no volatility to it to warrant spikes. It should be an organic growth as that will ensure stability in price on the long run. The merge is supposed to enhance utility and not a get rich quick thing.
Some persons think the merge is going to make Ethereum to go more bullish even to $2k but the opposite is what we saw. We are now very down in price which is total contrary to many investors think will eventually happens. We are forgotten that Bitcoin controls the market and if it does not move, then no altcoins will move.
that expected or anticipated that things turns out to be a mess after such merge, specially on the time that the community knows that the current update or merge didnt resolve any of the ff;
Change in fees
Change in transaction times
which we know that these are major things where ETH supporters or investors been hoping for.We arent that blind that its been long time since erc20 transactions
are way too expensive but still ended up on getting unresolved.
~snipped~
That is what you think and it is not what is happening now. Some persons think the merge is going to make Ethereum to go more bullish even to $2k but the opposite is what we saw. We are now very down in price which is total contrary to many investors think will eventually happens. We are forgotten that Bitcoin controls the market and if it does not move, then no altcoins will move.
You will do well OP if you can get the link to the article site so that those who want to peruse and exhaust it further can do justice to that by reading it up there.
I am not really sure but this is almost similar to the article and the post, maybe this is what the OP means.https://altfins.com/blog/crypto-market-update-2/
The market is actually under pressure from the USD and global inflation crisis. I am sure we are going to be in this situation for the 3 to 5 months as in 2023 Q 1 we are going to be bullish,i am dammn sure. Its consolidation zone as side ways movement and a booring time but a good opportunity for the investors to accumulate its going to end very soon.
We cannot deny that these market drops are influenced by several factors. Not only about the press from USD but also from other conditions that lead the market to be in this situation. However, some big parties seem like still not stopping to spread the FUD in order to worsen the market. We can't also deny that during this bearish market, many people panic about the situation and make the market worse, moreover added with certain news. What about market manipulation? Is this also influencing?
Jump to: