Bitcoin Forum

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

Normally do nothing...

When everyone's excited about something, that's the point to sell. When people are disappointed, that might be the time to buy some more but when people are neutral and most have mixed feelings, it's normally best just to wait.

Mixed feelings don't normally cause dumps afaik too.

That being said, don't invest more than you can reasonably afford to lose.

That's the main reason why you should allocate your funds properly. The exact reason why it's not recommended to go all in on one go unless you're totally comfortable in holding through bloody times.

Maybe try DCA? https://dcabtc.com/

Remember that you only lose when you cut your losses and sell off. this of course comes after you have done your research and decided on what asset to buy considering the fundamentals of the project. Many coins in the crypto market do not have an active product and are only built on hype, those may not recover when they dump.

As an investor you do not have to determine where the market is going nor can you. You simply;
- Do your research before buying any asset,
- Buy only what you can afford to lose,
- HODL!

Not going to depth analysis on this one but you are saying 2018 or maybe particularly 2017 bloodbath on cryptos where prices went too down but what happened after that?

Is btc dead after 2018 dump? No the market has recovered and it's usual so why do we get panic whenever the prices are dumping but the coins you should be holding must have potential to grow like in 2017 many tokens were dead but only few were able to make it out.So keep that in mind.

If you're fazed by the current dump then maybe you should re-visit your investing strategy, maybe you have overinvested too much. Personally, I like keeping a bit of liquidity for occasions like this. Its a very good opportunity to average down your holdings. My advise is to 1) keep your emotions in check. 2) take the time to learn basic chart reading or indicators. Even if you don't day trade, its going to be useful to you during days like this when you're not sure of where the market's going. If the market is ranging/choppy, its best to just step aside. If you have high conviction on your investments, you shouldn't get too worried then.

Lack of risk management is what most of us are lacking here. Before we invest that money into any cryptocurrency, always treat it as "dead money". As we experience high volatility and no guarantees and promises, always expect that our investment may go up or down without warning and we cannot control that.

Always invest and trade on what you can afford to lose and do not go all-in. Plus, it's also important that no matter if you lost something, at least you are financially stable and keep growing your income through other gigs, stuff, etc.

Open your eyes mate, because the market had different situation right now wherein it's not repeating the history itself.. It's bearish season and there are some sort of negative news around the internet that's why it kees dumping..but having strong support on this kind of circumstances for sure it will not going below like what you're thinking.. Infact there's already some buyers below and keep adding more when there's a fluctuation.. So do you think it will continue falling before this year ends? Well let's see.

If people will be scared and continuously dumping their shits then maybe we can see the 2018 like scenario but I think for the adoption what bitcoin got for sure we will not go to that point since I believe institutional investors will not allow to see that since it will kill the possible adoption it take on year 2022. but let see if that scenario will came then we must prepare to buy bitcoin on its bargain price again and for sure many will do that.

Those investors that have lost a lot, it's your own hand that touches your investments. If there's a problem with your strategy, it's totally okay to ask what's wrong with your strategy.

As you're assuming if 2018 might come, let's just give it a yes.

If that comes then you have to make sure that you're prepared for buying a lot. But to tell you honestly, I don't think that the next correction will be the same as 2018.

If you were investing and not trading, and if you invested only money you can afford to lose, then there are 3 direction I see:

* buy more (buy the dip, maybe DCA too, especially if you have more funds to invest - and afford to lose)
* sell and buy back when the price drops more (if it will drop more)
* hold and learn patience, since the price should grow again eventually (of course, it may or may not happen, and if it'll happen it may take any time between hours and years)

Of course, anything you'll do are risky moves. And one should not tell you what you should do with your money. The decision is yours.

the market today is certainly different from the market in 2018. In the past we saw market crashes so many people were frustrated by it. in the past many people were afraid to buy until finally bitcoin dropped from around $ 20k to $3500, but nowadays many investors view that every drop is an opportunity to invest, so the decline is not as severe as it used to be.

If it is, only Microstrategy and Saylor will be happy and those big players that are already in the market. I mean specifically to Bitcoin but other huge players will do the same too on those better alts in the market. You're only at loss if you sold it lower from where you bought it, the only thing you can do is hold and wait.

I suggest keeping your assets while the market is in a price correction state like it is now if you can't trade by taking advantage of fast price movements to take profits. I think the current market conditions are very reasonable after experiencing an increase and so far I see this is still fine where the Bitcoin price is still around the 50k price, so it is very likely that we will not see a market like this for a long time like what happened a few months ago, hopefully just.

I would also suggest the same thing. Since it is really a season that drives people to be more excited and impulsive, on a yearly basis, you should just hold during this time. The market may seem to be falling off its previous state, but I think that it would be just for this moment like what happened before. While it is true that nothing is predictive here, I observed every December most people are after selling their assets then start buying more again at the start of the year. I guess my point here is if you can’t force yourself to go with the flow of the market driven by the people, make your move in those high times but not necessarily on the mainstream.

I advise everyone not to invest in cryptocurrencies if they do not understand what it is about - and the two basic things that everyone should know are when is the best time to invest, and that nothing can grow forever. I sometimes feel like a broken record, because how many times do I need to repeat that the time before or right after halving is the best for the investment?

Anyone who did it then was profiting at least x7 at the moment, and if they sold at ATH even x10 - I don't know what you invested in, but you obviously made all the wrong moves if you lost a lot of money.

It is impossible to say in which direction the market will move, I will be optimistic and say that the chances are 50% -50%. Strong resistance has been created at $50k, and the price bounces down every time it gets close - and it won't last very long, it will have to break in one direction or another.

Simple, just hold and don't panic because you have nothing to do in the current situation of crypto market only to hold and buy more potential coins while the price is cheaper to accumulate more crypto assets.. Market will bounce back and it will not stay below. Only those weak hands lost their assets and investment because they sell even they know they will face losses.

You are not alone as I think many others lost a lot in the crypto investment. The crypto market can change anytime and you should be ready for that because if you can not do that, you can lose more. If you can still analyze finding the right coins, you can try to trade but if it's not, it is better to wait and see and not do anything because we can not predict right about the market. This time, I do not trade because I am in a lost position, but I still hold the coins because I believe the price will be higher.

Nothing to saying yet confirmed because market in consolidation zone so everything is possible best way to take some entery and wait for next market movement may b it's dump.for sometime

When market is in correction we have such questions appear.

You should ask yourself about fundamentals of market between 2018 and 2021 or 2022. Many different things and they are huge. With institutional investors and their deep integrations into crypto market, we have a much bigger adoption and it is very good support long term.

MicroStrategy and Saylor keep buying all dips and they are owning 122k Bitcoin. You should know another thing, 90% of Bitcoin already were mined. Only 10% of Bitcoin will be released from mining in next 100 years. Is it enough to convince you to invest in Bitcoin and HODL your Bitcoin?

If the price follows the previous approach, a correction will occur by 60% to 90% during the next 12 months, specifically in less than 4 months, which is an ideal opportunity to buy after determining where is the top and new ATH that the price will reach to determine to what extent the price will collapse.



Therefore, assuming the price collapse is due to the insanely high price assumption. If the price does not rise, this means that we will settle in the range of 30k to 70k for several years.

So, if the price break 100k then we will have new price above of 20k at any case which is good for long term hodling to 1M.

---

Anyone who wants to hold Bitcoin for more than 10 years should not worry about current changes.

No one could actually know on where we do heading up because market is truly unpredictable and cant be known on where price could go because it will always vary with the demand and also it is just normal that there would be always a losing side of things if someone do make out some big profits on the other side and its been always like that.
We cant just have a market that would be always having that upward movement of price kind of behavior because it wont be called a market on the first place if
it does have that kind movement in the first place thats why you should bare or deal with it.

Interesting visual that highlights how with every halving Bitcoin has done more than a doubling. The concept is clear, anyone looking to hold Bitcoin for more than 5 years should not worry about the small bumps on the long road as these are temporary - history has shown that this is the case.

In a way, I like how reassuring this is for long-term holders and making the short-term traders aware of the possible scenario we may descend into for the next few months.

No, right now market is showing some recovery and it might be for the news of Elon Musk announcement about accepting dogecoins for spacex. When some positive news hit the market, it may attract investors for all the cryptos including bitcoins. Usually people do arrive into this crypto space after got convinced about bitcoin's potential but they may choose altcoins as well in the end due to diversification reasons.

Similarly crypto space may enter into bullish mode after there is a positive news for dogecoins/altcoins. I guess the next two weeks of this year must be too crucial on deciding about the trend of 2022. Hopefully we will have another stronger bullish rally in 2022.

I can suggest that you should act properly, know what to do by analyzing the market and by this, you can have the decision either to buy or to keep on holding. We are already in a bear market and we don’t know the bottom of this one so be prepared always, and never to panic because its not healthy. The market is still good though, hopefully not to drop that much just like in 2018.

It is a need for you now to understand how risky is crypto investing. Not all the time it went well and profiting, sometimes we got lost due to wrong entry and sudden drops. It is found natural for someone to feel bad after seeing their portfolio drop but if you just hold and never sell them, it surely comes back once the market recovers. All you need to do is to have some faith and wait.

Just forget about 2018, it never happens again.

My suggestion is for you to keep hodling the coins you already have in your portfolio. Don't think of selling any of them because the market will surely bounce back by next year. Your money is not lost. Just hold on and be patient the market will shine back.
You can't be rich in crypto if you don't learn how to hodl tokens

But this would be only applicable into those coins which are having that potential and not really that an assurance if you do deal off with altcoins.

Be sure that you had put up your investment on the right spot or else you would be ending up on holding into something which you dont even know

if it would rise up its price in the future or would totally be that stagnant no matter how long you've been holding.So its a personal choice!

If you have held potential coins, then that's good to hold for a while since we're in a bloody stage market situation.  
The reason that you have a huge loss a lot is just because you don't have proper management of your asset which is turn into being trapped while the market has been dropped and AFAIK, most traders in this situation will most likely take a break for a while.

No, I feel a positive vibe that the market will never be the same as before.  We gained a lot of investors even those institutional or individual investors and some factors of there are few countries making Bitcoin legal tender and I don't think there will be a huge drop like hitting almost in the ground.

However, holding long-term is less risky and you don't need to have a patient.  Look, just imagine if you have bought last few 5 years ago and I don't know much your profit now.

The market situation was too hard to predict, we were in the midst of downturn and for me the correction was just temporary as long as green signals started to show inspirations. Having a serious monitoring should be done in order to avoid missing out some pumps during recovery period of our coins. Right now, market fluctuations had been doing great while others who patiently waiting grab this chance while price take a leap.

The market is testing how weak hands act when the bear comes near, it sure will panic a lot of them who thought buying at $50 will make them richer when BTC goes to the presumed price of $100K by the end of the year. If big institutions will just sell, the price will probably drop below $20K. We can't tell when they will do it so, just keep your fingers crossed they won't. It will really be sad to see it happen when people see inflation today and thier crypto investment gone.

That's the right thing to do most of the time but if you don't have any other means to make money, by all means try to get some money out of your investments if you need it direly and if you've made a significant profit. I would also like to add that people should start saving fiat too or some USDT in the case of prices plummeting real low, you can actually buy at a really low price, people seem to forget the part "buy low" in the popular advice.

We know which one weak hand and has diamond hand when bitcoin and altcoin still dump, I loss opportunity with many my altcoin assets back to lower price and keep holding, maybe if have saving and much money right now I will buy back with many altcoin as my portfolio and potential back to higher price, always bigger chance with bitcoin and altcoin price dump when I have entry and buy many altcoin.

It depends on the community and the investors, today there's a problem due to having a covid and the economy goes down also the coins goes dump it depends to them if they want to make an investment like that year many people sell their assets because every pump there's a dump and of course these people know what they do because they have plans to prevent losing their assets. I will risk my assets in bitcoin than the altcoins.

Market will not crash like 2017. market now in under last correction of this year. The market will rise again. at this situation you should hold your crypto. I am also a losser. At this situation  I am losing more than $10,000 The price of all my coins has dropped by 50%+ But I'm not afraid. I believe  It will  recovery again and very soon

As long as he can hold his coins and not try to sell at a low price, he will have a chance to sell the coins at a high price, especially if the coin is bitcoin because we know that bitcoin will increase higher and will have the opportunity to hit the next ATH. Saving in the USDT form will be a good idea because when many potential coins are down, they can directly buy using USDT to have the chance to sell it back at a high price. USDT could be a good way to save their money value before converting it into bitcoin or altcoin later.

I also feel that this is a common thing, however the fluctuations in the crypto world are very fast especially bitcoin.
other than that, the current situation is very clearly different from 2018. we know that currently the support of bitcoin is very large. if you feel lost, you can sell your assets, or wait for new opportunities in the coming year. personally, I'm still optimistic about the new ATH in 2022.

I suggest that you should not panic and just trust crypto to recover.

The price may be the same in 2018, but look at what happened in 2021.. those who hold until this year is happy with their profit. Just imagine, you can buy bitcoin below $20k that time and now we can sell at the current price, that's a huge profit already.

Just be smart all the time, choose the right strategy as crypto will stay volatile and bitcoin always recovers from dump.

Actually trading mean is that selling and buying so there will be always loses as well as profit. But remember one thing that if market is high in value then never have to buy your coin this is because you will waste all of your money. You have to complete focus on the market as you know that it is not stable. The cause of your loss can be the lacking of concept about the market. I think that the market will be pump in january. So if market is dump then try to buy good coins and hold it.

now it is very much different from 2018 from many things that make the big dumps that happened in the past will not happen again in my opinion, in terms of trading volume and also the interest of many people in crypto at this time makes it very unlikely that this will happen again.
at the moment the market correction is happening I think it's a natural thing in a market where the crypto market is experiencing rapid price movements after a big pump happened a while ago, so now the market is bearsh.

Mostly predictor saying that but according to my prediction it's not possible because it's a just sudden dump to create a fear in market then whales take this opportunity it's a just my prediction not sure everything possible so becarefull with market

Yea may b it's possible but according to some predictor this dump reason to liquidit to people because now people use too much leverage so that's why whales play games in market I am also sure market recover soon it's just a sudden dump

Now traders are more genius and wise and i strongly believe that market will not repeat the history of 2018. We saw some correction and dips in the market for few days. But soon  when Bitcoin stable and end off fears un market, trader will buy coins and tokens price will be soon rise fast.

I Think it is very much different in 2018.Everyone know 2018 history. i Think it will be not repeat. Decentralization will never  stable .This year crypto currency price broke all record price. I Think Crypto currency price will be more increase next year and they development in more.Be smart and choose always most valuable coin in trading or investing.

It will never repeat because the level of adoption is something that cant really be done the same if we do tend to observe on general scale.
Yes,volatility would remain but doesnt mean that we would be experiencing those similar crash just like on what happened on 2018.
Look on how far we do able to reach out despite of these conditions.We've come so far and we cant just turned back into those
levels even though its not an assurance but most likely it wont really happen.

I guess market will not going to dump like 20218 because there many signs the market is developing which is a sign that there will be massive pumping from next week 2021 to 2022. Despite the dumping of many coins few months ago, there will be a positive change soon for many customers to earn well from their investment.
Many coins are preparing to increase higher for many people to know this season will not look like 2018 where many people found it difficult to earn well from their long team and short term investment. Ethereum and binance investors will really smile on this season we are because the price of ethereum and binance is about to hit higher according to some researchers in the community.

I agree with it, it is easier to say that bitcoin will have a big drop, whenever price drops people assume that there will be even a bigger drop but I believe that we are not going to end up with the same result ever again. Remember it was about 80%+ drop the last time we had it in 2018, sure we had a drop again this year but we are not seeing the same results anymore.

From now on, all those drops will have a smaller rate and we will be doing fine. Recoveries are faster as well, even this year we had a 50% drop and then did a bit higher than 2x to recover from that, now doing a bit of drop again for the past month or so but I am sure that recover will be faster again as well. I am expecting back to 65k+ prices before spring again, so another 2-2.5 months and we will be there. It doesn't even take that long, in like a week or so we reach those prices when everyone is hyped.

The sign that we see now may have a different meaning, so we can't really ascertain what will happen in the future. The bull run is over I guess because we are back to the times when bitcoin is struggling to break the resistance and I'm pretty sure it won't be easy now since we have been down for almost a month and that's not a good sign to think that the pump is coming.

I think we all need to stop having that negative mind of crypto dropping like it did in 2018, crypto has gone beyond 2018 with massive recognition which however resulted to top institutions coming in. So I highly doubt 2018 dump repeating itself.

People are still panicking like they did not get used on this kind of scenario, well I guess newbies are more prone to panicking but for those who experience a lot of bear market already, they’ll just see this as a normal trend. I also don’t think 2018 will be the same with the current situation, we are still on a higher price and a good position to stay longer. This market will rise again, it will be more expensive in the future so stop panicking.

Yeah, by considering the ongoing adoption level by institutions alone, I guess more than enough for bitcoin market to be continuing its bull run into next year. So, I am not expecting bitcoin market to be dumped like what we had experienced in 2018. At the same time, we are having rapid adoption and also government regulations/bans are happening simultaneously which must be a worrysum in short term and we are near year end.

Anyway, as we cannot predict the future exactly, we need to be prepared for anything. So, for the long term holders who make use of dips definitely must be ready for facing anything.

Yes and no because it 50-50 ratio.
The bitcoin market is expected to experience correction after a single year of the Bitcoin halving effect market but the world is still experiencing economic meltdown and inflation which could make every crypto holder choose to hold for the long term instead of keeping profit or selling their holding. However, the previous market was ruled by the whales while this current market is ruled by humpback whales and from what I see the humpback whales always buy more when the time presents itself.

This is the difference of the situation right now, the adoption today is different than 3 years ago. There were so many happenings that already influenced the market today. So there may be dump but it will not be the same as the adoption is stronger than few years ago. A lot of institutions, companies are heavily invested in crypto, even one whole country, in the name of El Salvador is already into this. So don't think the dump will be the same as 2018.

Don't you consider that's a lost, unless you're in panic then sold it in a cheap and declining price. Indeed many have invested a lot but they're so creepy to and don't have self control that's why they ended loser. Having a deep understanding in cryptocurrency needs our self examination on how could we survive during the bearish market. Exaggerating ideas couldn't help us reach our goals, so in times of crucial situation just keep your asset safe just chill and relax.

Right. The crypto is more stable this year compared to 2018 because big institutions are now at the back of bitcoin so it may still experience price dumps but definitely not heavy compared to 2018. So there is no need to worry with what is happening today as this is only caused by a regular price correction and once this is over, we will witness again the recovery of the market. We might don't know how long this correction will stay but definitely not forever. So its better to hodl all your investments for now and do nothing that will make you lose in the end.

Do you experience already the 2018 bearish market? If you do, you can't compare what's happening today at the event in 2018.

What you should understand is, it's not always you can a market as green. That's not how the crypto market looks like. It's just common to see that after a bullish trend, a bearish or sudden dip will happen.

You have to be used on that price movement or else, you will forever be confused.

Well first of all --there is no loss if you are not going to sell, if you have bought 1 bitcoin it will remain in your wallet 1 bitcoin, the value goes down if you will exchange for the dollar. Investing is not an easy way of making money especially in cryptocurrencies, it is quite risky, and need patient before you will have successfully profited. In this situation, the word ^[HOLD] is very helpful to us not to have lost our asset from nowhere. The market will most likely not be the same as the time that you mentioned because as for me --it is a minor correction that we expected after the recent bull market.

Both are different time period and are with different levels of users into the market. Right now the number have increased drastically in comparison to the 2018 market. This time the market has been gaining resistance, maybe this can lead to upward movement than decline in the price. 2018 was different, because by the time more ICO got into the market and nothing is channelized. Now things are different, each and every project have got its market only through series of procedures that make up the value.

Even now more centralized projects are emerging, but those don't get turned to be successful. Whereas in the past every ICO into the market were pumped and that too is a reason for the massive fall.

Yes. Understand the price movement of the market first so you won't live in confusion asking yourself why the price is declining or why the price is in massive pump. Know that the market will not always be bullish nor bearish, and price correction is always expected after every dump or pump. Thinking that this crypto market is so much volatile, then you should alarmed yourself that there will be price fluctuations every now and them. One thing is certain in crypto, bitcoin moves its price upward every year. So don't expect that what had happened in 2018 will be totally the same this 2021. I guess every year there's always growth in bitcoin and with the crypto market.

Indeed, there's no loss if you're not in panic selling. So learn more about the market updates and sentiments so you will have an idea what safety measures you will take so you won't end up living in losses. And with this market correction that makes the prices dumping, i am still confident that things will never turn out like what we had in 2018. Crypto is more secured these years because big investors and big institutions are already supporting bitcoin unlike in 2018, the adoption is still very slow. Just learn to accept the fact that market price moves up or down, and when bullish season comes, expect that bearish season will probably next to happen.

What do you think YOU can do in this situation? If you can't hold through at such a bloody time then you might as well quit while ahead. If you can handle the loss though, then just keep going. A simple investment strategy involves not investing in one coin after all, so spread them out if you haven't so that losses in one coin won't affect you that bad. Honestly, even if you're in the negative I recommend not to sell, it just highlights the fact that you lost the trade. Just keep hodling. Slow and steady wins the race, no need to rush.

It is crypto market where anything can possible .So it can more dump and even it can more up .However we have seen the recent time that market has fallen and now its on more deep .I have seen recently some positive momentum has come on the market and it has started to recover .There are few reason for this deep may be the end of the year people are making cash for celebrating the XMAS and also the upcoming years .So i don't think there will be happened like what we faced in the past .Still we are on good position the market not became fall so much if we get a positive trend from this situation we can recover soon .My portfolio are also on negative momentum however i am still holding my asset ,don't wanna sell my asset on loss .You may hold your fund now choice is yours .

The market is being correction. Bitcoin and other cryptocurrencies now have great support and cryptocurrency is now a very popular digital currency and almost all countries of the world have now given crypto legitimacy. And big companies have started investing in cryptocurrencies, for example. Tesla, Microsoft, Facebook ETC. And they are starting to bring their own cryptocurrency to market. And different countries are creating their own cryptocurrencies As an alternative to their physical money.  that's why crypto will not drop like 2018

How you can say that you lost a lot from your investment maybe now your Portfolio amount has decreased. We know that some day ago has a big correction in BTC and for this reason all altcoin gone down. If you still hold your coin in wallet then it Will recover but if you already sold then you can say that you lost your fund.           

Seriously I don't think the market will crash like 2018 and if anything happens the only thing I believe you should do is just to hold your coins, make sure you are holding strong coins not shit coins that will definitely die. No matter the crash I believe there are some coins that will still recover so fast like bitcoin and Ethereum. So the only thing you can do now is hold and never sell any of your coin at lost.

Now December is going to end. I think now the market will go pump. A year ago you can see when the market gone dumped badly. after badly dump Elon musk took entry and said I accepted BTC and BTC crossed 65K $ so. I am thinking in january we will get good news about BTC. If BTC will pump Alt also will pump

Patience. That's what you need. If you are a short-term investor then this might not be for you. But if you are looking for long-term higher profits than you should just wait for the market to be in a bull run again because it will happen eventually, we just cannot predict when.
What you could do now is read the history of Bitcoin and Altcoins. Dumps tend to happen and there are times a correction should happen. This might be it and if you did enter at this point then you might have lessen the risk of losing more but instead going for a gain in time.

The market may drop but I don’t really think that it is going to be as much as it was in 2018. The market has passed that level now, and it has a bigger market cap than what it used to be then,. So, even if the market should go down at this point, the drop is not going to be too much like then, it will still maintain a higher price.

If you check in 2018, the market went down from around $20,000 price to below $10,000 (I think it dropped to $3000), but this time around if the market should drop, it might be stopping above $30,000 or even $40,000, and then we will be expecting it to go back up again. So even if you are losing money now, it doesn’t mean that you are going to be losing money forever, there will still come a time that the market would go up and you would recover all that you have lost in the market.

During December not any expectation for market will grow up because Christmas and day and new year always the moment bring bitcoin and altcoin to lower price, better keep hold your assets and buy back if you have saving fund but never try to all in because have chance for bitcoin touch lower price, exactly few day later will be Christmas Day and need waiting with many investor sell bitcoin and altcoin.

This December month is very Risky time for new investment and it’s main reason is that Christmas and coming new year, some investor ask to me that what they can do new investment or Holding, i said that no need to new investment now just hold your previous buying coin,  and i think it is better than new investment.                 

Christmas days are terrible for Bitcoin and I don't expect to see a better Christmas this year. Let's skip Christmas and December and $100k for 2021.

Fortunately, in my opinion, Bitcoin has yet reached its top and we are still in a big bull run. If you have a macro view, you will see that Bitcoin still performs very good and still be on its track to a top. It is like people moaned and cried when Bitcoin crashed in 2013, 2017 or on many days in many crashes of Bitcoin. However, in a macro view, today, we don't see such crashes if it happened in years ago.

Well, you'll probably lose if you decide to sell your coins at this current corrected price but if you will be more patient and understand the market condition, then you will not be in a worst situation like weak hands do. I know as long as there is correction, we will surely observe prices declining but this will not be totally the same like we had in 2018. We are now at a higher level and with a higher market cap compared to 2018 and there are bigger institutions right now that are going to support bitcoin so its very unlikely to say that we are heading back to 2018.

Just hold your breath, keep motivated as it is very unlikely to see back 2018 again. We're even far from it and people are now realizing their mistakes before which I believe could help to save the market from getting drowned again.

But if you were afraid in the current situation, I guess, you may sell your coins before you've got totally in panic. I clearly saw it with you and your emotions are driving you out from getting calm and excited for the future as it is replaced with anxiety and uncertainties.

The condition of the cryptocurrency market has been deplorable for a few days now and the market is slowly declining. The idea is that the new omicron of the corona virus has had a negative impact on the cryptocurrency market.

Love crypto or hate it, the long term holders will always smile and by then, you will be regretting why you didn't buy the dip when they were all falling in price. There has never been a best strategy to hold or buy the dip but sure, if you mange to hold and be strong, the reward is very magnificent.
2018 was a great lesson to everyone who feel bitcoin and the Altcoins may never survive, many died but the magnificent ones were still able to maintain their ground and the purpose of their mission and visions.

I believe that what happened in 2018 will be a valuable lesson that will not be forgotten by all of us. So I believe that investors are now smarter
and able to face the current bearish trend. I believe the events of 2018 will not happen again, so don't worry about the current state of the market.
It's better to reduce stress, don't monitor the market too often. Expand other positive activities, this can help us to be more relaxed in dealing with
the current situation. Maybe I don't think it's necessary to sell the coins we have if we do buy potential coins, because it will make us more stressed
if it turns out that at the beginning of next year the coins we have can pump high. But if we hold meme coins or shitcoins, it's better to sell them now
and replace them with investments in better coins.

It will be, someday, because once there is  a bullish era, there will be also bear era. But the exact time of a bearish market like in 2018 is still unpredictable. Some people may say that this will be probably next year after the altcoins seaosn. But so far, altcoin seasons are still not here and the bear trap is still surrounding.
However, the pattern of bear and bull market may be little bit different if we see so many market corrections and also bear trap even during the bullish era.
i really hope that the next bear market will not be as bad as in 2018.

Even it is still happen we can't do nothing about it. This is a matter of good to play in the exchange dude. Then having a good knowledge about in the cryptocurrency is an advantage even it is a basic it will be still a big help for the individual traders. So, dumping the price in the cryptocurrency market is just a normal things happen.

When the market goes bad, there is really nothing left. But this time should be the idea of patience. Because no matter how much the market dumps, it will rise again. But it is a matter of time. Nothing can be done to panic at this time. Keep in mind that now every holder is in the same position so don't be upset, wait for the next signal.

I hope the market turn out as you analyze it so as to allay the fear of the OP, I agreed with you that Christmas and Chinese new year is always a difficult period for crypto hodlers except those who exchange their coins to fiat probably for shopping or spending it on goods and services, however as a matter of fact no how matter red the market is during correction, the market is going to rebounce back to it bullish sentiment, historically it has happened in the past, it is a matter of time, patience and perseverance is the key to regaining all the losses incurred during the dump.

sometimes I am sad to see those who are immediately pessimistic when they see the "red" market, they seem to have no faith in crypto

there will always be bearish and bullish in the market, it has been a balance in the crypto market all the time

the majority now have faith in crypto so that dumps like 2018 will not happen again

On 2017, market pumps and make a new all time high record of 20,000$. But after that market is falling badly and fall UpTo 3000$. And moving near this price for 6 months. But at that time people's did not know much knowledge about this market just invest money in this market to double their investment.
But in 2020 situation is different.

The market has been declining day by day for some time now which has become a matter of concern for investors. Many investors think this is the right time to invest. However, the market does not look like 2018.

Do you prefer about shorting? Because, for the people who are able to see the downfall of market as a normal thing, must be making profits even with the downfall market. I am just a long term holder and I'm always worry about the bearish trend of bitcoin market but for the traders who are able to make profit from the both the directions of market must be enjoying all kind of trends.

I guess this time we may not going to have the beginning of bearish trend from the first quarter of 2022. Because, probably we are going to have continuation of bullish trend into the first two quarters of 2022. So, I feel it will be too early to worry about the downfall market of the current cycle of bitcoins; we will have more time to book profits and then plan up about bearish trend.

For long term holding, the trend change will not be a big concern still I like to suggest you to go for booking profits around the upcoming ATH and then you may go for buying back bitcoins when it will be falling down up to 70%; this way you will get chances to multiply your bitcoin holding into some fold. This is just a suggestion from what we have seen in the previous cycles of bitcoin market but there will be no guarantee that bitcoin market will be repeating the same kind of ups and downs one more time.

But, there will be very no chances for having continuous bull run hence there will be big possibilities for having another round of bearish trend which might be taking down up to 70% fall from ATH. But, this time it may happen by the mid of 2022.

I think this is definitely another good opportunity not to miss. Prices are now cheaper compared to regular days and if you can accumulate more today, you'll gonna make huge profits in the future.

However, the market won't be totally the same with 2018 as we are done with those days. Crypto is more developed these days because of bitcoin that has gained more institutiional investors and even countries who are now adopting bitcoin as a payment system. But the market will still be dumping but not gonna fall with the price like in 2018.

If you follow for years then this kind of fluctuations are more common for bitcoin market and it seems market is looking for any positive news to arrive which may happen like how Elon Musk pumps dogecoins.

At the same time we cannot ignore the role of whales who are trying to manipulate market direction to grab cheaper bitcoins. Still I agree with you that market is definitely not looking like 2018 but at the same time it is not trading like how it was trading by the times of 2017 December month.  So, there are lot of possibilities for having another round of bull run which might be taking bitcoin into $100k ATH.

I think it's just a phase in the market, when there was a bullish phase there were just green lights all around market was making just newer highs everyday but now when the market has begun it's profit booking people see it as a crash, we should understand that market works in phases while there was a bullish phase that ran from July to October, November marked the start of a bearish phase which could last a couple of months for sure. Moreover I am sure that anyone who would have invested in this stage will eventually make money.

Although the cryptocurrency market is always volatile and observed in a general manner. So rise and fall is always a normal process. The rise and fall of the cryptocurrency market has been a concern for investors for some time now. Many investors think that maybe 2018 is going to re-enter the currency.

If you are taking huge losses then by all means stop trading for the time being, you do not have to quit for good, but it is time to examine what you have been doing and see if there is something you can do to improve and reduce the losses you have been suffering, sometimes there is nothing wrong and you have been doing everything right and you still lose several trades in a  row, however if you are not really following your strategy or if you do not have one then it is time to go back to the drawing board and start from scratch as you will not last long with those bad results.

Those who cant see red light must not do any sort of trading whether its crypto or any other trading. There is equal possibility of 2018 like dump or 100,000$ from here. Keep one thing in your mind, nobody here can predict crypto market with certainty. My few satoshis are that its because of Christmas investors are taking break thats why bears have taken over. After christmas market will be fine once again.
P.S: DYOR before you made any decision.

It is because that there's a quick dump that made them nervous and thought that we're be going through the same process and bear market. There's the likelihood that it can but there's also the chance that it won't be. Whether we'd be having the same year next year or not, you just have to bear with it and make sure that you take the chance if ever you see the price drops a lot. But if not, make still a good decision that you'll be able to benefit if it goes the opposite.

I used this Strategy but it is true that have risk but if someone follow market then easily they can Earn extra profit in Red market. I bought a coin 0.16 Sent for long term, suddenly market crashed and and my coin price has 0.12 and i understand that it will more dump, then i sell my coin and rebuy it 0.10.         

I doubt that, even it is possible that it may dump like 2018 it doesn't mean that it will happen if you are going to look at 1 day chart you will see that we are consolidating and not crashing my prediction is by January or start of February the Bitcoin will pump to around $80,000 and the altcoins will follow, it is also good to load some Ethereum now I can guarantee that it is one of the good long term investment.

I guess there will be a little different from 2018 and 2021 dumping because there are some signs many coins are developing in the market right now, that is giving many customers hope that there must be massive pumping before the end of December. Most of the red light are changing to green light few days ago which something positive can still happen before the end of 2021.
Bitcoin price has moved from $45 to $50 that is making many customers to rushed into the market to sell their coins to make profit. Some customers are still waiting for the price to hit $70 before they can release all their coins to the market to earn well from this year 2021.

Yes man, the market can go any direction at any given moment. You just never know the right time exactly, and now the market has become bearish, this can as well last for a long time before another bull run. That’s why, any time you see the opportunity to get into the market while it is bullish, you shouldn’t play with such an opportunity, make sure to take it.

Once the main bull run is over, for you to see anything close to that again it is going to really take long. And where it is usually worst is when you buy the asset when it is at its peak before it starts crashing. But I’d still say to not worry much about it and best to have patience.

People are fearing that the same that happened during 2018 will happen during 2022 but what they do not seem to understand is that markets change, the market of cryptocurrencies of today is not the same as the market of cryptocurrencies we had back then, this market is way more mature, and now we have more strong hands holding their coins no matter what which at the same time have a great deal of money waiting on the sidelines to buy more bitcoin in the case its price drops, so if we see a bear market it is not going to be as big as the one we saw in 2018.

Anyone is viable to earn a profit during the red days. It's not exclusive to anyone that follows the market but it's for everyone that does their research and does the analysis of what the market is going to be. The logic of buying and selling is easy to understand and if you've been doing that buy low and sell high strategy for a long time. You can adjust whenever you want as long as you see and what does the market shows during that time of your trades. As everyone is waiting for some turnover and signs of 2022 to show the bear market, it's hard to determine because we don't know when it will come.

I don't think that we will see repetition of 2018 though everything is possible in crypto space but it is unlikely to happen as it is 2021 not 2018 when Bitcoin rise was based on speculation. There is huge awareness about crypto and institutional involvement  now and Market cap is many fold higher now. Mass adoption is also advancing at good space and counties like Salvador adopting Bitcoin as legal tender and many more countries are likely to follow it. There are all signs of crypto strength so in my opinion what happened in 2018 won't happen now though Bitcoin can fall and get its price corrected.

The market is not going to dump like 2018 because there are many strong signals for the market, now many financial institutions are involved in the crypto industry, the market is slow and dumped and waiting for a bull run that will start by the end of 2021 or starting from January 2022, so wait and hold your altcoins for the bull run.

I agree.

There's nothing to lose if you're just gonna wait for the right time, especially if you don't need the money. But that doesn't mean that you won't stay updated, it is important to know what's the update about that coin you are holding. Trading because you're afraid of bear market is just typically saying that you're ready to throw away the time you've spent hodling your token(s).

It's about losing your opportunity for a while and losing your profit forever.

If you say so but I have a doubt if the market won't dump after the pump next year. If bitcoin could sustain the price like what it was doing in the past few months maybe the market could sustain a very long bullish trend but once FUD enter the scene, those weak hands investors will eventually going to dump their shit because they always think that bitcoin is like what happened in 2018. I think they were the people who do buy during the peak on 2017 but lost when the market dump. So, they have to force to sell at a very low price instead of holding it.

Yeah you are right, bitcoin market has already started its bull run recently like you have mentioned and it may continue its rally with the help of institutional investors toward $100k or beyond that. So, there would be very very lesser chances for bitcoin be dumped harder from this point and for next 3 to 5 months.

Not just FUD, even when technical analysis shows about possible correction then we are seeing hard dumps to happen. Usually after strong rally, crypto markets do go for downfall trend when people start profit booking.

I don't know if that was the work of the whales or is it just how people would react to a sudden FUD. I am uncertain about the market for now since it's quite different from the past and making any price prediction these days might not work or maybe this is how whales are playing with us. Next year will be a another long time of waiting again until bitcoin break another new ATH.

Corrections like this normally happen but you shouldn't see it as a negative thing all the time but rather take it as an opportunity to buy and accumulate more. The market needs correction because it will also benefit the investors who are waiting for low-affordable coins. We shouldn't fear the dip because it's part of the crypto cycle.

No market can go only up, its natural that market keep taking correction. See for instance, bitcoin fall to 45k six days back and now its on 50k. Those who saw this dip as buying opportunity are enjoying the profit after the Christmas. Those who feared this dip are cursing the missed opportunity.

Anything is possible, but with the support it has at the moment, it would seem very rare that it could be repeated with the same intensity.

For now, I only see normal and expected corrections.

with so many rich advertising and buying it became very difficult for the price to drop as in 2018, that scenario of 2018 will not be repeated because there is a lot of demand today while in 2018 the demand was thanks to the pump and dump of ICOs and also fork hard of BCH and futures entry


this reminds me of shiba fans who believed that altcoin would only rise and not fall