Topic: whether crypto will surge again like before? (Read 523 times)

I wait for October to see some new signals or just green in general. The market is changing, and there are many opinions of what will happen next

The dip is one of the opportunities to buy more Bitcoins i dont see any reason why an investor is complaining about having the dip for too long. There is no way the market will keep going high without retracing backward. At least the law of equilibrium or balance works in various aspects and crypto is not exempted. There must be a positive and negative before they can attract something good. If an investor has completely buy his coins he shouldn't expect the price to start going up immediately. Because there are investors who want to buy at that same price or below. So the market doesn't work for one person alone. While it's not favoring one person it might be favoring another.

Everyone who has been around for a while knows this, it is not a secret fact and we are not looking at this like how it could happen, we know how it could happen and we are going to end up with a good result eventually. What we need to do right now is to make sure that we deal with something that will take some time, and because of that we are going to end up making some money from it as well.

I understand that newbies may feel a little scared because they see the price dropping at times, but we knew that it would recover and it did, that's how bitcoin works.

People who have been around for a while knew that it would, we are already up big numbers, the lowest point was close to 49k if I am not wrong and we are at 60k already, that's nearly 20% increase, should be something we could be happy about and yet it wasn't something many newbies expected, they thought that the price would go down, when in reality we knew that it wouldn't and we were right.

I am sure that those newbies will see this, and maybe see this happen a few more times, and eventually they will realize that we are looking at something that's making some money as well, so they are going to think that it is going to be fine next time it happens.

Thanks for your advice, mate !
I already collected Bitcoin and will continue to accumulate it more, and indeed when Bitcoin hit his new all-time time. it will cause a lot of excitement with the huge profit.
 
But anyway Bitcoin is just too smart. It didn't need a appreciation. It already shows up his real goodness to the world in terms of value, quality, and security. Due to the value gain of Bitcoin, the whole world has become crazy about it, and their political buddies are also starting to intervene, i.e., Trump. 
 
However, you are right that Bitcoin makes a new ATH in every 4 years cycle after halving, which is a good point to organize profit, and i hope that movement is going to come soon within a few months. Which will give me profit for my HODL. 

Bitcoin did print a new ATH adjacent to the Bitcoin halving, and it shows the consistency of bitcoin in forming patterns in the 4-year bitcoin cycle, the market is volatile but bitcoin continues to grow and ATL is getting higher in each cycle.

You just need to collect and hold on until the new peak will arrive, regarding the price of bitcoin can touch to what price level it is difficult to reveal because it is only speculation, but I personally am quite sure bitcoin will not make you regret what you have bought, so keep growing your portfolio to enjoy the peak.

Our portfolios will be green, I am sure. And, I agree with you, that, after this whole ordeal with news that shook the market, we can see Bitcoin beating its ATH, and most of the others will follow. Fingers crossed, we shall see it going like that in the near future.

Yep, I agree with you that as soon as Bitcoin will show up his real color of bullishness because Halving is the event that always brings up some huge difference in the Bitcoin price like always skyrocketing Bitcoin price. This time I feel Bull Run is something extra special. Because if we look at the price of Bitcoin, in the past, just like the bull run after the halving, it shows a massive strength. So this time that potential has not been seen yet and Bitcoin recorded its New All Time High because of ETF. Now the point is that when the real bull run starts, I think we can see Bitcoin go from 80k to 100k or even higher. 
 
So, you have rightly said that we should just be patient, Bull season is coming. In which a very massive gain can be seen in Bitcion as well as Altcoin in the market. So money is going to be brought in. There is still a chance for those who have not invested. So fill your wallet, guys.

Thanks for the tips! Yes, we don't know what will happen and won't be able to use the events that may shake the market again, but we sure should be ready for it, either in DCA method or the plan that everybody has in mind (though DCA would be good with this kind of volatility going in because of these exact events). I will try my best to learn from those who are willing to share their knowledge. Much appreciated.

Just continue to read up from users experience or any information that you could really be able to read specially into those veterans that been hovering themselves into this market for years.
We should really be wary that this market would really be having that 4-5 cycle on which on the time that post Bitcoin halving already that happened then we are getting in line with that bull run thing
but of course before that then we might be seeing those sharp decline or simply that last dip before going into the moon. Somehow there are really those sayings that this might be the last bull run
or something talks about double bull run on which we cant really be able to know if it could happen or not. This is why its important that you should really be investing on the money on which you can afford to lose as always so that on the moment that the market would be experiencing some potential conditions then you wont really be getting stressed at all.

This is why it would really be that something important that on the time that it would be having those decrease is that you would really be that getting prepared for the money that you are
tending to DCA or buying back because it would really be impossible that there would be no recovery or bounceback on which considering that we are dealing on a market
on which it cant be going down forever.

Thanks for your take and the knowledge shared here! I did understand myself that there is nothing worrying here that the market dropped because of some news that changed the way different institutions work with one another, it can always happen and we can't know it ourselves, we can only see its impact on the market as it is (I wish we were in the circle of people that did know insights like that, but, alas, it's not possible at the moment ). You presented facts that made me even more confident.

For some reasons, I could not believe that we are still on the bitcoin halving year. Bitcoin market is exactly trading on the same direction of world stock indices which must be an unusual thing. I agree with you here that we are going to have steep recover from here and current state of crypto markets must be another round of opportunity for accumulating more.

For those who have been in the market for a long time, this is something normal. We have been seeing such things from the beginning of this market, so it's nothing surprising, of course, it was sudden, but we have seen more severe drops than this in the history of Bitcoin and cryptocurrencies. Only those who are new in the market will panic and think that the market might not surge again and that it is going to keep going down from here which isn't correct. We have seen it just in the last year, Bitcoin was around $28k, and we have seen it going to $74k. Was that something unusual? No, because we have seen that happening in the past cycles as well, Bitcoin had $69k as its previous all-time high, and it went down to $16k after that in the bear cycle.

As for today, the alts are dippin', and we need to wait for 3-4 months to see the situation change, in my opinion Hold tight, gentlemen.

Those are without a doubt good explanations why altcoins have not grown as much as we saw during the previous cycles, however it is possible another factor is at stake, and that is that people have realized how difficult it is to predict the performance of new coins, and on average we are seeing those people becoming more conservative on their approach to this market or leaving this market for good, and if that is the case then it is possible this bull market will not be anywhere near as good as the previous ones for those coins.

Yes, I've visited the market in that period and I must tell you that I analyse the coins chart many times a day as I am deeply rooted in trading and investment. This is why I do not buy your idea that seems perfect to you, nothing is perfect and the end of 2024 is too long for anyone to know what the crypto market will do, even as it has taken a rollercoaster ride since the beginning of this year, the definite trend that will end this year will remain ever uncertain in my analytical experience. And advise you to limit your expectations on altcoins, otherwise, you will be disappointed. They aren't going to behave the way they did in the last bullish cycle. Of course, many will still hit their 2x, it often happens, but as much as I would want 10x to happen, I won't still deceive myself that we may not see any of them doing that again before the next bearish season.

That goes to say much of those people that out of FOMO when bitcoin price dropped down to $55k after going up to a new ATH of $73k  sold their bitcoin out of the ignorance of how the past event's of bitcoin halving and bullrun had played out.

And something else that accentuate the high expectations of many on bitcoin surging up quickly without delay after it's halving was the bitcoin ETF approval which raised a lot of expectations. But in all I have gathered with all the bad news that has set in this year in the crypto market, if we have to compare it to the performance of the top 20 major cryptocurrencies we can conclude that the crypto market reflection has not really done badly. So we could still be in the right track but some people are seeing this right now.

Have you visit market last month? If truly, you have visited market, you will know that bull run will surely happen before the end of this year 2024 because there are some altcoins price that will hit higher for investors to experience profit from the market. There are some altcoins that hit X10 this year while some are not yet hit  X2 this year which they are going to pump higher for hodlers to use the opportunity to sell to make profits that will allow them to buy other coins that will give them more profits in the future.

But, there are some coins you will invest and you will be lucky to earn profits from them when you carry out your research before making your final decision and you will be satisfied, but there are some tokens you will invest your money, it will be difficult for you to achieve the capital you invested on those tokens.

That's very much true that crypto market is dependent on bitcoin for its growth. We haven't seen much appreciation in price of alts when Bitcoin is down. Bitcoin this year has shown an unusual increase and stability in its price specially after the launch of ETFs. We saw an ATH before halving which is also an unusual thing since Bitcoin has history of attaining ATHs after few months of halving. Having said that we can conclude that since Bitcoin is stable and moving in positive directions that is surely a good thing for the crypto market.

Sounds gud, but there are many bad or copy games on TON, and even if they are also bringing awareness about the hype behind this new chain, it isn't good for a common user, because the time and effort spent on analyzing whether the project is worth it doubles or even quadruples.

Did something happen to the Bitcoin market for it to, well, stop growing already? Pretty sure most of us know here that it hasn't hit its peak yet, there's a lot more room for it to grow and a lot more instances for people to use it, and that pretty much answers whether crypto can surge again. If you're asking the when though, well now pretty sure all of us don't have an answer to that. We'd have our own predictions yea, but then might as well just make and follow your own, seeing as you're able to punch up the numbers yourself from the past week.

Honestly just seeing that pump from 57k back to 65k and above is enough to prove it can do it again imo.

I think it is too early to conclude the crypto market just few months after the bitcoin halving. I think this is an opportunity to buy BTC and other reputable coins. In my opinion, I think the crypto market will boom, just we are already seeing in the TON space with numerous games on board. I am optimistic in the future of crypto.