What Is Really Happening To The Market? - page 5.

Kasabus

hero member

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Quote from: taguig on September 10, 2020, 07:34:08 AM

Quote from: restuibu on September 05, 2020, 03:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

This is how an open market works, you can never be sure if the market is going to go down or up when you wake so it's important that you only invest what you can afford to lose and invest this in coins that you have done your research, there are no perfect investment here but at least you can still have majority of your investment profitable.

There is no assurance on what will be the future of crypto so i am more focused on the present market condition rather than thinking about its future. The market has been dumping these days and i guess there is no problem with it. Then why not grab the opportunity of buying again while the price is still low? Let's take this as an advantage for us rather than looking it in a negative way.

taguig

copper member

Activity: 479

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Quote from: restuibu on September 05, 2020, 03:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

This is how an open market works, you can never be sure if the market is going to go down or up when you wake so it's important that you only invest what you can afford to lose and invest this in coins that you have done your research, there are no perfect investment here but at least you can still have majority of your investment profitable.

[email protected]

full member

Activity: 1120

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Quote from: cryptonewbie on September 10, 2020, 07:18:13 AM

Quote from: restuibu on September 05, 2020, 03:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Well, we have not seen Bitcoin at $5k levels since 2018, so I want to believe that it is not going to in 2020. I believe BTC is currently retracing and we might see another retest to $13k in a couple of months.

I also believe in that. this year there won't be a deep downturn like 2018. we will see the crypto market in a strong condition, even though there is no high increase, but I believe the market will move dynamically with a not so far gap in value.

Princejebs

member

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Quote from: Upgrade00 on September 05, 2020, 03:44:25 PM

I don't think so, I would expect a resistance level around $9000-9500. But as you said, predicting the price movements of cryptocurrencies is very difficult as so many factors influence the price.

You sound as if you have seen the future Undecided

Nobody saw bitcoin going to 3.7k during March crash. Bitcoin is so correlated with stock market, just hope the traditional market don't crash like the previous time else you will be shock by new bitcoin waves

xandriel

sr. member

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Quote from: soulripper on September 10, 2020, 04:45:38 AM

Quote from: chikator on September 10, 2020, 04:30:24 AM

Quote from: restuibu on September 05, 2020, 03:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Actually i thought that because of the pandemic we will be able to see a surge on the market. I thought the pandemic would be something to pump up the crypto market. But then again, crypto remains unpredictable.

Yeah i did think the same as you too but again we all cannot predict what will happen as now i see the market look like not stable again. But im hope the situation are back to be better again in the cryptos market. Hope bitcoin will not dropping back to under $10k again as it will make investors panic and could make a panic sell soon.

Definitely not going to happen again as I predict Bitcoin price will soon return to the $11,000 mark in the next few days and the whole market will bounce back. For the past few days it has been really bad because the market has been continuously having many big corrections which made me feel very nervous. Now the situation is getting better and we should put more hope into this market.

cryptonewbie

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Quote from: restuibu on September 05, 2020, 03:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Well, we have not seen Bitcoin at $5k levels since 2018, so I want to believe that it is not going to in 2020. I believe BTC is currently retracing and we might see another retest to $13k in a couple of months.

codpku

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What happen to the market now its normal i think, theres always up and down
After big bull run bitcoin need take a rest and wait for full the fuel before bitcoin make a big jump and make home home run
Yap market really hard to predict now because lot of indicator that can affect to all coin
It depend on us to not be greedy if you got a lot just close your position
Its better to get 1$ than loss 1$ right??

Lorokan

member

Activity: 421

Merit: 47

Quote from: restuibu on September 05, 2020, 03:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

To a very large extent, crypto currency market is fine, and nothing is happening to the market. The trade and price patterns are not harder to predict, its just that you need to work harder, improve your knowledge so that you are able to interpret trade charts correctly. Always do your research, and follow your trade, and research function pattern.

soulripper

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Quote from: chikator on September 10, 2020, 04:30:24 AM

Quote from: restuibu on September 05, 2020, 03:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Actually i thought that because of the pandemic we will be able to see a surge on the market. I thought the pandemic would be something to pump up the crypto market. But then again, crypto remains unpredictable.

Yeah i did think the same as you too but again we all cannot predict what will happen as now i see the market look like not stable again. But im hope the situation are back to be better again in the cryptos market. Hope bitcoin will not dropping back to under $10k again as it will make investors panic and could make a panic sell soon.

chikator

sr. member

Activity: 406

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The Fourth Generation of Blockchain in DeFi

Quote from: restuibu on September 05, 2020, 03:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Actually i thought that because of the pandemic we will be able to see a surge on the market. I thought the pandemic would be something to pump up the crypto market. But then again, crypto remains unpredictable.

giammangiato

legendary

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Market at the moment is waiting what BTC will do. The decreasing of the price influenced also the pair in btc of the others cryptocurrencies because users dumped them for sell btc before the big dump. Everything will come at the normality when btc restart to grow

malikg18

jr. member

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Currently prediction of cryptocurrency is much difficult. Market is not stable and going down, In this situation there are more opportunities .we should avail this and get some coins in lower price. we should reserve some of our portfolio for this type of situation and with this portfolio we can get some good coins in cheep price.

lienfaye

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Quote from: (o)(o)ilikeboobs(o)(o) on September 10, 2020, 12:10:43 AM

The market is just going the way it is going. Going too high will have to adjust down. There is no market going up forever, US stocks have had to decline recently, and so has gold. After the current correction, the market will continue to go up.
We should take all the risks and have the right strategy to overcome them, not putting all the eggs in one basket.

It is the nature of crypto and other investment.

Sometimes it is going the way you didnt expect it, the reason why its risky and investors must be prepared for this kind of situation.

Invest what you can afford to lose and if possible learn to diversify.

3meek

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God, save BTC!

Quote from: Argoo on September 10, 2020, 01:19:28 AM

Now the cryptocurrency market is undergoing a usual price correction, which has been expected for a long time. Moreover, the bitcoin price fell slightly, as there are opposite positive trends associated with the general expectation of the growth of this market. I do not see any objective reasons that could lead to a drop in the price of bitcoin to $ 5,000. In addition, August and the first half of September have always been not the best periods for the growth of the cryptocurrency market. Great hope in this regard for the fourth quarter of this year. By the end of the year, prices should rise substantially.

But to be honest, I can see the reasons for the fall of the crypt currency, but I hope that it will behave as usual against expectations! Grin

For example, the economy disrupted by the pandemic is worrying. Unstable political situation in the world and waiting for the second wave of coronavirus ...

Argoo

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Now the cryptocurrency market is undergoing a usual price correction, which has been expected for a long time. Moreover, the bitcoin price fell slightly, as there are opposite positive trends associated with the general expectation of the growth of this market. I do not see any objective reasons that could lead to a drop in the price of bitcoin to $ 5,000. In addition, August and the first half of September have always been not the best periods for the growth of the cryptocurrency market. Great hope in this regard for the fourth quarter of this year. By the end of the year, prices should rise substantially.

CoinThinker

sr. member

Activity: 462

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Only the best is The be best...

The bullish game has started, you can see it from YFI or many others but mostly in the Defi part and Ethereum blockchain tokens, but i think it should have a pull back and then rise agin because of the power of USD which is increasing .

bitzizzix

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SOL.BIOKRIPT.COM

Quote from: aryana42 on September 10, 2020, 12:21:37 AM

Quote from: kerjakuat on September 09, 2020, 10:36:49 PM

I would say Defi projects was make a lot of new investors loss their money and make the market bleeding again so soon as the hype of Defi will attract a lot of scammer to make a scam project that lead to new investors losing their money and what most surprises even Binance do list scam project in their exchange.

Hello, work hard, it seems you need a deeper understanding of DeFi, because basically DeFi is not a scam so the Binance exchange wants to accept DeFi tokens to be placed on their list, and once the DeFi trend rises, scammers take advantage of this condition to create fraudulent projects that on behalf of DeFi, thus giving birth to DeFi tokens that are scam as you say, meaning that not all DeFi tokens are scam, so if you consider all DeFi tokens a scam, I think you are wrong in this regard.

We have to learn from previous experiences, Defi is currently a trend and we must remember ICOs, which all started well and were profitable.
And as time goes by, many new projects have sprung up that end in scams that make investors or something else don't trust them, and there's nothing wrong with staying vigilant because of experience and not necessarily all Defi tokens or projects are scammers.
it is better to study and understand it in great detail before engaging in it because it is deceived or not depending on our intelligence in choosing and judging.

djmixen

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Quote from: restuibu on September 05, 2020, 03:34:02 PM

Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

No one can explain to you the exact happening in the market. Don't you know that the market was too unpredictable,
and that's because of volatility no fixed value remains. Even the experts couldn't say perfectly about the situation happening in the market too.
I also don't believe that is because DEFI of course not!

aryana42

sr. member

Activity: 1190

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Quote from: kerjakuat on September 09, 2020, 10:36:49 PM

I would say Defi projects was make a lot of new investors loss their money and make the market bleeding again so soon as the hype of Defi will attract a lot of scammer to make a scam project that lead to new investors losing their money and what most surprises even Binance do list scam project in their exchange.

Hello, work hard, it seems you need a deeper understanding of DeFi, because basically DeFi is not a scam so the Binance exchange wants to accept DeFi tokens to be placed on their list, and once the DeFi trend rises, scammers take advantage of this condition to create fraudulent projects that on behalf of DeFi, thus giving birth to DeFi tokens that are scam as you say, meaning that not all DeFi tokens are scam, so if you consider all DeFi tokens a scam, I think you are wrong in this regard.

(o)(o)ilikeboobs(o)(o)

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The market is just going the way it is going. Going too high will have to adjust down. There is no market going up forever, US stocks have had to decline recently, and so has gold. After the current correction, the market will continue to go up.
We should take all the risks and have the right strategy to overcome them, not putting all the eggs in one basket.

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