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Topic: What's next for cryptocurrency? - page 2. (Read 1039 times)

hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
September 26, 2022, 12:41:45 PM
#97
Bitcoin is currently trading at $18,789k and it looks like bitcoin is having a bit of a hard time breaking back into its strongest support area of ​​$20k despite having tried it several times but unfortunately bitcoin hasn't been able to stay at that level, seeing what bitcoin is experiencing at the moment, then I think the bitcoin price will still trade below $20k until the end of this month and hopefully it doesn't fall again to the $17k level because if that happens maybe the panic in the market will increase.
Like every year at this time the market was showing signs of improvement. But this time there is no such sign. So there is nothing to do but be patient. During this period there are enough opportunities to select good coins. In a bearish market it is better to select coins that are in a reliable position and should be bought. We may see a new picture of crypto in the first week of next month we have to wait until that moment.
sr. member
Activity: 1750
Merit: 373
<------
September 26, 2022, 05:36:22 AM
#96
If you'd ask me I would XRP. I see them winning vs the SEC. Ethereum will deff be one of the biggest L takers sooner or later when the SEC marks them as security.

XRP is really does have the potential IMHO. Although I cannot be too sure with ETH. Since they have moved from POW to POS ,I believe they just created a way for bankers to get into their mining.

Since bankers do have a lot of budget to put up on Stake, then they probably would be the one mining, thus the one regulating the chain. Unlike before when it is POW , it is for those who have miners, or computing power that should be the one mining the blocks for ethereum. Although POS would be great for the environment, I still believe it is not what cryptocurrency was built for.
newbie
Activity: 82
Merit: 0
September 26, 2022, 05:10:00 AM
#95
If you'd ask me I would XRP. I see them winning vs the SEC. Ethereum will deff be one of the biggest L takers sooner or later when the SEC marks them as security.
full member
Activity: 2044
Merit: 181
★Bitvest.io★ Play Plinko or Invest!
September 26, 2022, 03:40:59 AM
#94
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
the month is going to end yet? nothing seems to be significant from your question here, I'm afraid that we will be seeing a good and positive direction for this last week of the quarter.

and then we are entering the last quarter mate , we are in good motivation as investors and spectator , but the problem here is that are we having enough to help the market? are we truly supporting the coin to expect that much?

if not then we have no rights to look for better future as we are not helping the market to grow.

Bitcoin is currently trading at $18,789k and it looks like bitcoin is having a bit of a hard time breaking back into its strongest support area of ​​$20k despite having tried it several times but unfortunately bitcoin hasn't been able to stay at that level, seeing what bitcoin is experiencing at the moment, then I think the bitcoin price will still trade below $20k until the end of this month and hopefully it doesn't fall again to the $17k level because if that happens maybe the panic in the market will increase.

dont worry as we are entering the ending quarter of the year in which will soon show us what are we truly expecting from this.
sr. member
Activity: 2058
Merit: 281
Seabet.io | Crypto-Casino
September 26, 2022, 03:26:06 AM
#93
Bitcoin is currently trading at $18,789k and it looks like bitcoin is having a bit of a hard time breaking back into its strongest support area of ​​$20k despite having tried it several times but unfortunately bitcoin hasn't been able to stay at that level, seeing what bitcoin is experiencing at the moment, then I think the bitcoin price will still trade below $20k until the end of this month and hopefully it doesn't fall again to the $17k level because if that happens maybe the panic in the market will increase.
full member
Activity: 1330
Merit: 100
C O M B O
September 26, 2022, 02:38:42 AM
#92
Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year.
We can only wait and watch while increasing the stack in our bags for crypto while the economy recovers or goes down the drain. There are people hoping for crypto to go up and they are buying it for the same so all is not lost ever.

Bearish trends for long has its toll on the traders but these are the part of the cycle. When the bullish trend starts then people would start complaining that prices are too high to buy anything.

Let any crisis bring the prices down, treat is just as a number and take decisions on that.
That is the right way to look at things, the reason people get so emotional when they are trading or investing is because they see the market going down as them losing money, then they get worried about what is happening and after a few months of the market being down they simply cannot take it anymore and they begin to sell their coins for a very low price, instead if you can look at the market as just a bunch of numbers in a way similar to the way you see a video game then you are not going to panic and it is going to be way easier to take decisions if you are able to keep your feelings out of it.
That's why it's important to have knowledge and skills before starting to trade or invest,
when the market goes down indeed panic is normal but of course we need to suppress it,
As a trader you need to know when to sell and when to hold on
legendary
Activity: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform
September 26, 2022, 12:12:02 AM
#91
So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
This is a positive trend and the market is getting better. We can see that most cryptocurrencies are experiencing green charts, and rising prices, and yes we are very happy with this. At least, we can take small profits for our short-term investment.
But be careful, I am not sure that these positive trends will last longer and this is probably not a sign of a bullish era. Because it is too far from the bullish period.
We may see this only as a positive market trend and will be probably market correction again some few days later. So, just prepare what we can do to face the next market correction.

For cryptocurrencies or altcoins, very good things continue, there are some or any currency can go to zero, there is none that is not saved from this criterion, but it must be recognized that when we talk about technology we can say that Bitcoin is the king and that it will never fail, Bitcoin is the father of ice cream, so there are many other things we can say, there are many chances that altcoins will resurface because the metaverses are coming, and the metaverses are the exit for many crypto, and it will not happen to them the terra thing, which was actually something very sad, and that actually happened because the whale that resented them sincerely sold everything to leave.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 23, 2022, 03:26:54 PM
#90
Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year.
We can only wait and watch while increasing the stack in our bags for crypto while the economy recovers or goes down the drain. There are people hoping for crypto to go up and they are buying it for the same so all is not lost ever.

Bearish trends for long has its toll on the traders but these are the part of the cycle. When the bullish trend starts then people would start complaining that prices are too high to buy anything.

Let any crisis bring the prices down, treat is just as a number and take decisions on that.
That is the right way to look at things, the reason people get so emotional when they are trading or investing is because they see the market going down as them losing money, then they get worried about what is happening and after a few months of the market being down they simply cannot take it anymore and they begin to sell their coins for a very low price, instead if you can look at the market as just a bunch of numbers in a way similar to the way you see a video game then you are not going to panic and it is going to be way easier to take decisions if you are able to keep your feelings out of it.
hero member
Activity: 896
Merit: 504
September 20, 2022, 10:45:22 AM
#89
Cryptocurrencies have not performed very well in this year of recession. This is because the cryptocurrency situation is currently very bearish . We are on cryptocurrency We are absolutely confident that our next position will improve and if we can invest from here now, we will definitely see some numbers in the portfolio. If we hold on to something now then surely we can expect something from here later which will come in handy during recessionary times.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 20, 2022, 05:25:39 AM
#88
Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year.
We can only wait and watch while increasing the stack in our bags for crypto while the economy recovers or goes down the drain. There are people hoping for crypto to go up and they are buying it for the same so all is not lost ever.

Bearish trends for long has its toll on the traders but these are the part of the cycle. When the bullish trend starts then people would start complaining that prices are too high to buy anything.

Let any crisis bring the prices down, treat is just as a number and take decisions on that.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
September 18, 2022, 07:43:27 PM
#87
The world is in an economic crisis. Inflation is increasing every day. To curb inflation, central banks around the world raise policy rates all at once. This is why the World Bank believes the global economy is heading for a recession in 2023.
I think this inflation thing will even be to the advantage of cryptocurrency as many people are likely to find a safe Haven in cryptos instead of fiat. We saw a little bit of that during the COVID-19 pandemic. Despite how people were forced into isolation and skeletal movements, Bitcoin (particularly) soared in price. I expect a repeat of that by the time this inflation palaver kicks in realistically.
hero member
Activity: 2268
Merit: 581
September 18, 2022, 09:59:20 AM
#86
There may be a correction and an increase in the bitcoin price but don't expect more than 25,000$ at the moment, the market is not yet ready for a big rally for many reasons, the best thing is to hold and wait until the end of the year you might see very good news.
The market is not always as we expect, for example, the expectations were a large increase in the price of Ethereum after the merger, but the opposite happened and the price is still bearish so far, so waiting is the best thing.
Apart from the bear we also have a correction which happens from time to time, this is why the price never sustained their gains and they haven't experience to break out on that $25k barrier. There are economic problems that the world is facing right now including inflation and recession. They are among the reasons on why the market is having a hard time to do a rally.

Hodling is already given there to survive and avoid us from losing but other than that, we can also team it up with buying. I think it's true that the more you expect on one thing the more your expectations won't occur and it happened many times already here in cryptos.
legendary
Activity: 2534
Merit: 1338
September 17, 2022, 04:34:03 PM
#85
Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year. The world is in an economic crisis. Inflation is increasing every day. To curb inflation, central banks around the world raise policy rates all at once. This is why the World Bank believes the global economy is heading for a recession in 2023.
And that's probably the best scenario we can expect, as we know the tensions between China and the government of Taiwan are increasing and if we happened to see yet another armed conflict then this would be terrible for the economy, to the point I think we could enter a world recession immediately or if things got really bad we may even see a worldwide depression, so 2023 doesn't seem as if it's going to be a good year for the market of cryptocurrencies either.
hero member
Activity: 1316
Merit: 593
September 17, 2022, 01:49:51 PM
#84
Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year. The world is in an economic crisis. Inflation is increasing every day. To curb inflation, central banks around the world raise policy rates all at once. This is why the World Bank believes the global economy is heading for a recession in 2023.
sr. member
Activity: 1596
Merit: 264
September 17, 2022, 12:27:02 PM
#83
~
That is perfectly fine if you're into long-term investment plus you have full-time job. As long you're financially stable and not buried in debt, you're going to be okay assuming that you are willing to lose what you invested anyway.

Can't tell what we can call it "tops", but as long as Bitcoin goes over than its ATH, we're never going to call it there. It is okay to partially sell something because surely you need money at some occasions and might as well cash it out in the meantime and wait for the bear market to give you the opportunity to buy more.
legendary
Activity: 1736
Merit: 1890
#SWGT CERTIK Audited
September 17, 2022, 11:48:32 AM
#82
There may be a correction and an increase in the bitcoin price but don't expect more than 25,000$ at the moment, the market is not yet ready for a big rally for many reasons, the best thing is to hold and wait until the end of the year you might see very good news.
The market is not always as we expect, for example, the expectations were a large increase in the price of Ethereum after the merger, but the opposite happened and the price is still bearish so far, so waiting is the best thing.
legendary
Activity: 1498
Merit: 974
Top Crypto Casino
September 17, 2022, 09:23:36 AM
#81
People know cryptocurrency is just a part of investment and payment method but only a few establishments see the potential of the cryptocurrency in the next generation which is currently right now people, organizations and company accepting the use of cryptocurrency as a payment method to their products and next is the web 3 now there's a chance that they will now use the crypto for using their platforms because of the blockchain technology it is easier to the users to make it more transparent at the same time is secured.
legendary
Activity: 2338
Merit: 1124
September 17, 2022, 08:51:20 AM
#80
It became a short-term pump.
The same perspective as before, do not expect too much even if it goes to $30k. There's a chance it will go back down as traders and short-term investors are trying to make profits out of it.
It's a good thing for traders to accumulate more funds but you have to know the selling point.
Regarding the upward trend, it may not even happen in 3 more months. All eyes are on Ethereum now.
Unfortunately, I do not know when to sell, I rarely ever sell and when I do I do not sell at the price when it is at the top, I sell it when I can pay my debts or makes a better world for me, or it could give me even better return as a collateral for something.

It means that I follow the first rule, which is accumulating when it is low, I have a good chunk that is fine for me (not good for anyone else) and I am happy with the price points I got in, which means I did alright, but when it comes to selling I doubt that I would be selling at the top, I would probably sell when it is too late. I would prefer not to sell at all if it was possible to be fair.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 17, 2022, 06:18:12 AM
#79
it would be difficult to see the current situation. the market is in a downtrend and most likely this will hold Bitcoin.
if you expect a bull trend, it looks like we have to be patient. the market hasn't been strong enough to start the high pumps. if that happens I guess there will just be a pump on some assets and then corrected again.
The market is in bearish mode with slow correction happening, but bearish indeed. Hence at the point holding and waiting it out seems like the best method to proceed. Buying should be done if the price drops but carefully being expectant about more drops. Uptrend will take some time once the correction allows a gradual bullish trend to start, but should not be the focus for now.

It is best to avoid the market on such days, wait this weekend out, we might see better movements from Monday.
sr. member
Activity: 1890
Merit: 252
The OGz Club
September 17, 2022, 05:05:50 AM
#78
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction
Even if prices keeps moving higher it will take a while to draw a complete conclusion on what direction the market is finally heading. If its bullish correction then there will be series of consecutive higher highs made for every support and resistance formed and the opposite if a bear market persists. As of today Bitcoin price is trading below $20k so telling which direction the market will make now is difficult
it would be difficult to see the current situation. the market is in a downtrend and most likely this will hold Bitcoin.
if you expect a bull trend, it looks like we have to be patient. the market hasn't been strong enough to start the high pumps. if that happens I guess there will just be a pump on some assets and then corrected again.
Yes, we do have to understand the current conditions where the market is still in a bearish condition,
there is no other choice but to remain patient waiting for bullish,
I don't know when it will come and it's better to just keep following the progress
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