Bitcoin Forum

A lot of good things are happening lately within the Bitcoin ecosystem which belief would give Bitcoin the potential to not experience huge market correction just like we see in the year 2017 and in previous years of cryptocurrency market blood bath.

Despite most people in the crypto community believing Bitcoin is yet to be well equipped to be mainstream payment but the IMF and Jack (the former CEO of Twitter) makes a bullish statement today which I believe trigger the green trend we see in the market because some people are already dumping their bag when the BTC market downtrend to $41K price range with the hope that the previous market correction that happened in the year 2017 want to replicate itself.
What did IMF and Jack do that I believe help the market?

1) IMF said "Crypto is all grown up" and "Bitcoin mature to an integral part of digital asset revolution"
2) Jack with the help of Alex Morcos and Martin White created a Bitcoin legal defense fund to help Dev regarding their Bitcoin activities. This fund will give Dev the needed liberation to develop the Bitcoin ecosystem and this is the reason why I believe things will totally change for Bitcoin and we can see more countries legalizing Bitcoin as El Salvador President predicted. Below is the noted writing by them.


 The question is.
1 Could it be that the IMF Boss and team with the inclusion of Jack etc are into Bitcoin more than we think?
2 Is Bitcoin mature as the IMF said? If not, what do you think Bitcoin needs before it will be mature to a complete stage?
3 Is it possible that Bitcoin will experience another blood bath market?

1. the IMF didnt say bitcoin/crypto is mature and grownup.... cointelegraph had, but refering to a IMF report where the IMF was worried still of the volatility and risks of crypto/bitcoin
no where in the referenced report does it say "mature" or "grown up"
the IMF is still risk adverse about crypto/bitcoin, especially how they tried to sway el salvador against accepting bitcoin as legal tender. in short the IMF is still not pro-bitcoin, its just aware of it
https://cointelegraph.com/news/imf-bitcoin-matured-to-an-integral-part-of-digital-asset-revolution
ref: https://www.imf.org/en/Publications/global-financial-stability-notes/Issues/2022/01/10/Cryptic-Connections-511776


2. IMF didnt say bitcoin was matured, mature, grown up (see above)

3. there has never been a blood bath market. when prices go down. thats discount. . or are you talking about a sharp rise in people rushing to buy cheaper coin as a "blood bath"

Yea.. I used to have the same opinion that we wouldn't have 2018-levels of corrections because of how different the space is today. But now that most people seem to have the same opinion, I'm having doubts. Most of the time, things go "wrong" when people get overly bullish; like in this case.

I belong to the group of people who are seeing that although there can be a big correction in the price of Bitcoin to happen in the first quarter of this year, it would be not on the same level as in previous years. Eventually, the correction period can be shorter and Bitcoin will stand strong and be ready for upward growth soon. This correction has become shopping time for many whales and institutional buyers and they continue to accumulate as many Bitcoin as they can with the expectation for more profits soon. we have to remember that the crypto market these days can be so different than in 2018 the time when crypto winter became so evident.

Quite possibly! Bitcoin has started a revolution in the digital finance market. It is possible that IMF has started taking notice of the market and realizing its potential.


It's in the process of maturing. But bitcoin is still at a very nascent stage when it comes to mainstream adoption. The first ever parameter to mature is to see a price stabilization. Bitcoin is extremely volatile which makes it a great speculative asset but a bad currency.


I don't think so! Because people are more intelligent than you think. People are buying at every dip so the price is seeing a strong resistance at 40k. But if bitcoin brakes 40k level, then we might see a blood bath but that is unlikely to go to the similar level like 2017.

441 times or more than 441 times, Bitcoin is in bloodbath but it does not die. I don't naively say that all people in market will be fine as same as Bitcoin. Because the market is a zero sum game so Bitcoin and capital will flow from pockets, wallets of winners to losers. There will be people get better with each bloodbath and in the same time, there will be people get killed, lost money by the market.

Blood bath is short term movement of market but it does not affect long term trend of Bitcoin. If you keep your Bitcoin safely, from hackers, from market crash, from liquidations, you will be fine and more than that, get richer.

https://99bitcoins.com/bitcoin-obituaries/

We only had small market corrections in 2017. We had a big market crash in 2018. The later which you are thinking of is irrelevant here because there is no bubble like 2017 to cause such a crash in 2018.

The altcoin market blood bath has nothing to do with bitcoin. They mainly get dumped because they are useless and their crashes is usually north of 90%.

Statement from random people can never cause a "trend" in any direction no matter who they are. They can only cause small term market activity that are insignificant.

I think we have a pretty good idea how involved they are in bitcoin.

It depends on how you define maturity. I personally consider maturity of bitcoin to be achieved when we reach mass adoption and price stabilizes. Clearly we are far from mass adoption and price is still very volatile so no it is not mature yet.

Bitcoin has never experienced a blood bath and it is not starting now.

1. I think it's been years since I've seen the IMF kept on telling good things about bitcoin. But I also a point of time that they've said something bad about it and not liking it.
2. It is maturing but not mature enough. I guess if we get to have a stable high price of bitcoin soon, it might be said that it has fully matured but  I guess we're not coming up to that point.
3. Yes, very usual to see it happen.

Bitcoin to me need no more development for it to become a mainstream currency as a decentralized digital currency Bitcoin has nothing to do with any individual or organizations, am not sure about the International Monetary Fund (IMF) statement but I read the tweet 🐦 yesterday, and am very sure it has nothing to do with the current market recovery.
Bitcoin can not follow any previous year's pattern but will remain quite stable around the 40k to 50 regions for the next couple of weeks till the activities on the international market resume fully we may be seeing more price increases all through this month.

https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/future-of-cryptocurrency/

Though bitcoin has become a teen it still need to mature up.. the teenage prodigy will sure and soon going to be a mature one.

I don't care about blood bath because bull or bear, blood or green, it does not mean that an investor can get profit from the market. If they are losers, they will mostly get loses from the market, in any phase bull or bear.

In blood baths, there will be winners who have good patience and bind with their plans very disciplined to catch dips, take advantage of blood baths and get richer. They see great opportunities in blood baths.

In opposite ways and perspective, losers will only see risk, have negative perspective and get loses in whatever market.

The point is do your plan well and take advantage of psychology of market to get richer. If you fail, you are loser. Also investment in long run with Bitcoin is better than trading if you are not a professional trader. Do long term investment and it is not too difficult.

Let's call it by any name, but from $70 000 as ATH to a bottom of as much as $28 000 is more than bloody for most investors - unless we're all used to Bitcoin losing or gaining 50% more or less in one year. Of course, it can always be worse, it's just not realistic to expect a replay of what happened in 2018.


Jack Mallers is constantly doing something when it comes to his Strike app, and it certainly has some positive impact on Bitcoin, but the IMF is something quite the opposite of what Bitcoin represents, so you shouldn't expect people who worship fiat as a deity to ever be on Bitcoin side.

As far as I can see Jack Dorsey (ex. Twitter CEO) has posted nothing bullish except a retweet from Jack Mallers (Strike) regarding his app which has officially become available in Argentina.

I do agree that it's unlikely that the market will return to -70% to -80% losses (at least, when we consider Bitcoin). But that just seems evident based on how Bitcoin behaved in 2020 and 2021, with the biggest drop being from $63.5k to a little less than $30k. But a loss around -50% from the ATH is still very real and it's a big one. I think we should get used to it, and what's also different lately is that Bitcoin doesn't tend to stand down for as long as it did before.
As for the IMF, it seems that franky1 was right because I also didn't see the phrase the article is referring to in the report or a short summary of it.
Bitcoin is becoming stronger and more trusted, and I don't think that it'll fall as low or remain low for as long as it used to anymore, but I'm not sure that Jack's support or whatever IMF is up to will make a big difference.

all I'm doing right now is holding and holding until my target is touched.
regardless of blood or green I don't really have a problem with this because something is bound to happen, when bearish happens, it's bullish and vice versa.
so, just enjoy the moment because it is a process regardless of green or red. when it's strong then continue when it's not strong you can look for other better alternatives although so far I haven't found anything better than bitcoin

This seems wonderful! I have always been looking forward for legit legal support for Bitcoins therefore at the end of the day, this could help disputes on much better level as well! The government always have something or the other against bitcoins and a legal entity could help make it very strong.

This is also an evidence that people and companies are starting to trust bitcoins more and more, if they are providing such support!! I do not think that it would be a probelm even if the price goes down, since people are dying to buy it at lower prices therefore it would bounce back up in a matter of seconds.

Just keep holding your coins~

Thats one thing about some article writers, they spread some misinformation all in the name of achieving their goal


The reason why I am bullish that will may see the same level of market blood bath again is that the major investor in this current market is the institution and some organization. In the last downtrend market, there's a lot of market accumulation happened but this is a crypto market anything can happen and that's why I keep some USDT so I can buy if the bloodbath happens.

and I think the current decline is enough for bitcoin and hopefully bitcoin will rise again and maybe you can buy bitcoin at this time or wait for the bitcoin market to correct a little more.

This appears wonderful! I even have constantly been searching ahead for official criminal help for Bitcoins consequently on the stop of the day, this will assist disputes on a whole lot higher degree as well! The authorities constantly have some thing or the opposite towards bitcoins and a criminal entity ought to assist make it very strong.

This is likewise an proof that human beings and organizations are beginning to believe bitcoins extra and extra, if they're offering such help!! I do now no longer assume that it might be a problem even supposing the rate is going down, due to the fact that human beings are demise to shop for it at decrease charges consequently it'd get better up in a be counted of seconds. :) :) :)

As the crypto market matures, we are seeing more stability and less volatility with prices, but of course as the industry is still relatively young, it will still be much more volatile than many other markets. I don't see a massive plunge in bitcoin's price without a massive pump beyond the previous all-time high. The good thing about a more level cycle is, although the profits will not be as much, there will be a less pronounced crash during the bear market. On the other hand, I think many shitcoins need to die off.

I am not sure about that but I do not think much about blood bath because I want to collect many bitcoins at a low price so I can sell them at a high price.
If there is a blood bath, that is my big opportunity to buy many bitcoin at a discount price as we saw before in previous years.
But if there is no blood bath happen, then I will have a big opportunity to sell bitcoin at a high price so both will benefit me.
The important is how we can act based on the current situation and we know what we should do to benefit from that so we can use it for ourselves.

but even how mature the market is? yet remember that volatility is the nature of this market and example what happened in 2020?  even how established and strong the market is showing yet it drops multiple times from the value that time so don't straight up there and expect always the chance of falling , and that is the chance also to accumulate when happens.
try to keep your funds inside but only if you are for long term holding ,  although Blood bath is what we are looking because like me ? we wanted to enter more and more funds inside when the market experience dumping .

It will eventually rise up, that's why people should start to save up right now or risk losing potential profit because they didn't bought bitcoin at it's lowest. And I agree that there's no blood bath for bitcoin this year because as IMF has said, crypto has grown already and it's not going to repeat the same pattern.

In the eyes of IMF, they’re not actually saying that Bitcoin has already matured, but rather “about to mature”.

In my opinion, as more insitutions and government are positive, embracing and adopting Bitcoin, of course I consider it as “early stages towards maturity”. It’s a good thing that you are confident that BTC will not experience another bloodbath like what we have experience last 2018 because of too much negative news, etc.

But yet again, we don’t know what will BTC be tomorrow, a week later, month, year, etc., because it’s unpredictable and subject to market volatility without warning.

A bloodbath can be happening in the market soon, but not this time. it was a sudden talk by many that we face a huge dip during the Christmas season, but we have seen is just a short correction, not totally a bloodbath curse. But now, we are in the recovery stage, Bitcoin did show an uptrend motion and we believe this will be the beginning of the bullish season. I'm not going to expect the same pattern, but at least the market price turns good for now and I think it improves more in the coming days.

Bitcoin's decline this year cannot be a bloody growth, because this decline is only influenced by external factors and is not too extreme. maybe the first Q1 of this year the bear market is coming to an end,, need to wait for time a big pump will happen soon.

It will be good news to the crypto user if that is really happening, as we can see another bullish trend. However, the bear trend will always continue behind the bull trend. Many people who hold bitcoin or do not have many bitcoins will try to buy bitcoin before it is too late to accumulate it. But as we do not know what will be the next thing that will happen to the market, we can only prepare. Hopefully, that blood bath will not happen this year and bitcoin have another good time to rise higher.

well, that really sounds good but to say there is no bloodbath happening this year, I guess you will still prepare for it. We can't assure everything that went so smoothly. Remember that the market is volatile, price fluctuations arise quite often, and that for sure blood bath is still possible to strike any time. That is why we were not confident of what see now, it can be just a trick and might be the reason for our losses. It is much better to be aware of the situation and leaves no confidence than rather be prepared.

these analysts apparently failed, just see that the price of bitcoin came to fall to $40,000 of course this is bloodbath and the price is still below 44000$ and the risk of falling below $40,000 still continues, I don't know how these analysts have analyzed the situation but they definitely fail a lot. Glad I don't buy based on their opinion

Although Bitcoin has not been able to rise above the $50k price and is still stuck below the $45k price. But we must be grateful that the price of
Bitcoin is high when compared to the beginning of 2021. Even the previous year Bitcoin price dropped even lower, so don't worry for now Bitcoin
probably won't experience a bloodbath. Moreover, with many institutions starting to invest in Bitcoin since 2021, I believe Bitcoin will not experience
a bloodbath. But still like you said we have to prepare for the worst case scenario, because the price of Bitcoin is very volatile, so there is
no 100% guarantee that Bitcoin will not experience a bloodbath. Indeed, we must be careful when deciding to invest in Bitcoin, as many people
have said, investing in Bitcoin has a very high risk.

The world that Bitcoin is said experiencing a bloodbath is because they bought Bitcoin for $60k, but now the price keeps being at $40k. The market doesn't rise up and causes altcoins blood bathing also. For those who are experiencing the price drops and drops, the daily traders will also say Bitcoin may experience a bloodbath.

But if this is for long-term investors, they may not think about that and consider that it is normal and even they don't care about the price correction in the market. Because they are investing for the long term, not the short term.

That is why we must prepare in any situation and condition to be ready for anything that can happen. That is the only way we can do it if we want to use the market for our benefit. Even if that is just a trick, with our preparations, we can see the benefits that we can use so that it will not impact too big on us. The market will tempt us to follow the trend but without we ready with what we have, that will be a time for us to lose. Whether we like it or not, the price will fluctuate, but as long as we can adapt to the current situations, nothing to worry about.

you have good eyesight. even though the analysis carried out can be successful, I will also never follow people's statements. enough to be used as reading material and a reference source for our analysis. I prefer that.
rather than using people's analysis for our investment, profit, or loss, I will believe more in what I can do myself.

They're just humans and they base their analysis on how the present market is similar to past market so they ultimately fail and may sometimes hit something right. That's nothing special though, pretty sure that a lot of smart investors don't do this kind of thing. I wouldn't worry of a bloodbath though, it's not like 2017 is going to happen again.

I wish that everything will find in the coming weeks and able to see the growing trend of prices today. However, it was to know the volatility of the market will affect it and surely we can still experience market irregularity. We certainly have to expect this and that seems to be natural that is why we'd rather not expect such anything to be in good trend as this bloodbath might come and strike again. As long as FUDs exist, plus panic selling, that seems impossible.

correction in the price always happened, so this situation isn't surprising and i do believe that history will not repeat itself since bitcoin always getting matured because of adoption every year and achievements despite of some factors that can bring the price down, it always a normal situation just don't overthink when bearish occur in the market.. :D

It still we know that crypto market is high volatile and we are here to get huge profit from this market .Its true that the market are more mature now as the value are increasing day by day .Its still the starting moment we are  on ther are many more things are coming on the upcoming days ,So i think we have a great time in next .Though we are going through the negative momentum but it still the starting of the year as we know crypto always face some negative trend on this period for new year and also Chinese new year .However there are nothing to worry about that it might face the blood sea still we are on good track hope we will recover soon .On the hand as you mention i always said to this community just ignore the shit coin and also meme coin ,they have already lost their value .So always need to invest on solid project like btc is.

1. Anything can happen, maybe they will start to realize the Bitcoin community is very strong. Trying to shut down Bitcoin is certainly very difficult, maybe by calculating all will be more profitable for the IMF.
2. I'm confused, how's their benchmark base? If you look at the age, they may still be children.  But if it matures because developers they always develop it, so they will get better in any way. If you look at the development, it may be precisely growing rapidly and profitably. I don't know, but since I got to know Bitcoin they have grown into a huge industry. They give an advantage, even if there is a small loss. 
3. My expectations are not, but it's not analysis. If I look at some strong points of support and experience in 2017 and that cycle will stretch then I think there will be a decline of over 70%. If I count from ATH then it's around the price of -+ $15K. It's just reading from the routines that have happened, hopefully those routines are different for the year. IMO

actually having full confidence in the market would be bad for most people. For example, look at last month where many people had high expectations of $100k bitcoin which made them confused now and not even a few of them panicked and sold their assets because they experienced a fairly decent depreciation.
believing in bitcoin will reach a good price is very possible but don't have high expectations of something because apart from taking time the market is very difficult to predict

Like most of the time it is important to maintain our feet on the ground and be realistic about what we can achieve with our investments, if this is not the case then the most likely scenario is that our predictions will not match the reality and then we will take mistaken decisions because of it, however people do not really understand this and by the time they realize their mistake it is too late to do anything about it, and what is worse is that by the time they accumulate even more money to invest again in the market they have forgotten the lessons they learned.

It may go up soon. Since November, Bitcoin lost 25k in value. Maybe there will be a 3rd wave coming which will be a lot. It's never too late to buy bitcoin. If you can't buy bitcoin, don't worry, just buy a fraction.

Should before deciding to invest in Bitcoin, we must really understand first how Bitcoin works. So when the targets we set fail to be achieved,
we don't panic and lose hope. Because for those who are experienced in the crypto world, if our target fails to achieve it is normal, it is because
Bitcoin price movements are difficult to predict. Then who would have thought that in 2021 the price of Bitcoin could rise very high above
the $60k price. So if now the Bitcoin price is still below $45k and it looks like it's having a hard time going higher. We have to be calm, not necessarily
the price of Bitcoin will fall even lower, there is still a possibility that the price of Bitcoin will recover soon. But if the Bitcoin price should fall
even lower, there's no need to panic, we have to be patient holding the Bitcoins we have. Because we have to believe that one day the price of
Bitcoin will recover, it does require patience to be able to generate profits from Bitcoin.

That's the main reason I avoid following the mass, having high expectations can be devastating if they are not pleased. That's the main reason I'm not following such speculations, I don't want to feel disappointed if they fall short, while I've learned to be satisfied with what we have. Bitcoin's price is way higher than last year.

Don't get me wrong, I do believe that Bitcoin will recover from the current situation, but I tend to be more protective with speculations, since as we've noticed, a lot of people were expecting $100.000 before the end of 2021, which quickly fell through.

Hoping is great, but we need to be a little more cautious when it comes to predictions.

that's the important point. because indeed we must remain calm and realistic in the face of something.
Actually, things like this are what most people have to learn before actually jumping in because it's not a problem to have expectations about something, but on the other hand, it must also be accompanied by realistic and based on the existing data.
don't be too stubborn and always see only one side, because it is speculation that there are two possibilities, right and wrong.

Well, many really hoped that at the end of 2021 and the beginning of this year, Bitcoin and other cryptocurrencies would continue their growth, as they did at the beginning of 2021. But the cryptocurrency gave us a not-so-good gift in the form of a decent price drop.
We all know that cryptocurrency is very volatile in price terms. The market is still greatly influenced by whales, which are able at certain times, when there is great expectation for a strong bullish period, to turn the price situation in the other direction in order to earn big profits from it. But it is also disadvantageous for whales to have a long bear market period. Therefore, prices in this market will soon go up again.

Market is volatile and there's no way that we could able to precisely predict on what would happen next since we know that its always been volatile and there's no way that someone could tell on where it would go

thats why it wouldnt really be that accurate that you would say or tell that there would no bloodbath this time.Market could go into a correction or dumps basing off with several factors

which causes for these things to happen.It might not be this year but possibly on the next one, no one really knows imho.

I think all cryptocurrency price depends bitcoin price. When bitcoin will be recover Their price i hope crypto market will be green.Bitcoin price still movement in correction back previous the previous years like similar. I hope bitcoin price will be grow again and i hope many investors will come soon.I hope bitcoin price will be reach $70000+ this year.don't misa that opportunity just buy and hold long term i hope you will get good benefit from it in 2022.

Even without being told, I already know it that the market wouldn’t drop below the 40,000 and the $30,000 range. Any correction that is going to be made wouldn’t be anything below these two prices, and as of recent it has solidified itself in the 40,000 price range. That is because the market has been growing, and there are now more investors, and not just more investors but bigger institutions that are now involved in the cryptocurrency market and investing huge amounts of money that are worth billions of dollars.

And we have not seen enough of these big institutions, there are still more of them that are yet to come and more that are investing huge amounts everyday. So the market would be able to maintain its current price for quite a long time, until we get to see another bull run that will also shoot us up a new all time high price.

Market is unpredictable and theres no way that we could really make out conclusions basing up on our current observation and if you've been here on this market for a while then you would completely saying the opposite and not this one.There would be always a possibility that everyone would really make a huge sell off specially the whales and those large investors around
which we don't know on when they would really be selling off their bags that's why we should mind about those probabilities from time to time.

Is not everybody will believe in correction of bitcoin, make people have sold their Bitcoin because bad news the happened to obtain from other social media interaction or hangout, so Bitcoin have different way of characterising or analyzing it own factor per say, Bitcoin regulates itself through it's methods of demands and supply, so we can not determine when the market can be of benefit for any one...let anyone who have Bitcoin to exercise because when the bull run will come many people will not believe.

Yes, in fact everything moves based on BTC, because every currency, token whatever moves thanks to BTC, BTC is the only currency that has a life of its own, if BTC did not exist, no currency would have credibility if it is not based on the principle Basic, this is clearly demonstrated because it has a great history, it has gone through stages of the market such as Accumulation and Distribution, it was proven that it is not a scam, a bubble as many enemies of BTC say, in fact now it is legal tender in El Salvador and I am sure that very soon it will be legal tender in many more countries, I think that all this is what makes BTC stronger and stronger.

Man, who says buying Bitcoin at this current price is too late? Did those who missed the 2010 or 2016 pump too late to buy bitcoin?
If someone is on Bitcoin for quite a long time, there's nothing to worry.
Bear market is ideal to buy more fractions of Bitcoin, only those weak hands are so worried when Btc falls.
I have a strong feeling that Bitcoin may fall below $30k and so I guess it's better to CDA currently, then buy massively below $30k.

buying at a lower price will be very profitable. indeed buying bitcoin now is not too late if used as a long-term investment. we all also know the increase in bitcoin is very significant. this proves that bitcoin has a good future. Bitcoin hasn't even touched a new ATH at $100k and it will hit as soon as the bear market ends. Buy gradually from now on or wait below $30k as you predict.

Definitely not too late to buy Bitcoin. Generally, people mention that because its value has gone up and it's no longer risk-free. This could potentially be one of the best opportunities in terms of acquiring and accumulating Bitcoin, losing more than 50% of its value, from the previous all time high in November.

From my point of view, Bitcoin is highly likely to fall below $35.000 in the next few days at most.

It's really sad how we are trying to promote the negativities of the crypto market forgetting so soon how volatile the market is, I think all we are creating right now is unnecessary panic, fud, and fomo I can only imagine how newbies are feeling now after coming to see all this, it's time we straighten things up we can't keep acting like this when ever there is a dip, after multiple of times crypto went into the dip and recover, let's set good examples for those new guys out there.

It is narrative created by those that regret not investing in bitcoin earlier and that want to obtain the same results but without going through the same risks that the early adopters went through, however it is completely false, the potential for bitcoin is still enormous, after all despite its high price the number of people actually using it is nowhere near as high as t could be, so when we think of all the people left still to adopt bitcoin, the innovations that will come and how other countries could declare bitcoin as a legal tender, it is obvious the potential of bitcoin is still massive.

even if people do hodl for 10 years, something that drops from 69000$ to 33000$ and that can still fall below 33000$ cannot be considered normal, this price drop reminds those in the year 2017 to 2018, it seems that whenever the price goes up a lot, it drops by more than 50% and that can't be something normal, it looks like something manipulated. anyway, as I don't know how anyone could manipulate it, I can only have this theory and keep it to myself

The problem is we don't know what will be the lowest price? We cannot claim the current price is the lowest price, it may drop again to the lower prices. On the other hand, not all people want to buy Bitcoin for a long-term holding, some only want to hold a few weeks or months. So, it is a bit complicated to determine when to buy at the current market condition.

Do you mean the end of bearish in 2024/2025?  ;D
We also don't know if the next ATH will be $100. How if that price is only imagination and hard to be achieved.

If there are only few people hodl but majority sell then it cannot do anything to contribute the blood bath happening, so expect that this scenario will continue knowing fear is dominant at this point and many people are been manipulated for thinking that year 2017-2018 might happen which is scary indeed. The only thing we can do for now is to see how it goes and I'm thinking about buying when there are little glimpse that we can see a recovery.

The price is very volatile that is something that we can see, but at the same time not everything is manipulation, after all the long term trend that we can see in the price of bitcoin is positive, if bitcoin was just an asset used to speculate with then that is not something that we would see, I think that a great deal of the volatility comes from the fact that bitcoin is something revolutionary and people are not really sure about what is its value, even if they know that it should be very high.

Once you do step your foot into this market then you should be preparing yourself when it comes to volatility and very speculative one which to mind that this
market is composed of sellers and buyers which we couldnt really assure  about those not experiencing bloodbath.Market could possibly crash if all would be deciding to
sell and since it is only composed with sellers and buyers then tendency or chances would really be there.As an investor then you shouldnt really
cross out those kind of probabilities.

I truly know that every trader expects a decent return for every step they take. Trade means they are ready to take the risk and I think they will understand that very well. The more often they are involved in this volatile market the more experience they will gain so they will know how this market works.

Traders don't need to be afraid of volatility but they just need how risk can be minimized. Good trading is when the trader is able to choose a good portfolio and also has proper risk management. Sometimes it's not just about profits, but how they can minimize losses.

This is correct and losing is always be a part of trading that's why if you are in this very volatile market you should be ready to risk but you should know how to minimize the risk since you won't like it when losing a lot though that's why minimizing or handling the risk well is a must.

It was expected already that traders want a decent return when in this volatile market but you need skill that can surpass the volatility and risk in this market.

Lol Bitcoin had again another Bloodbath recently when almost everything in market falls down 2 digits , some are even bloody red with huge dump.

Bitcoin falling 14-16%? this must be a blood bathing mate Well that is for me because after showing very tough 2021 position now it is on this situation?

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But don't worry because recovery continues to happen and even make a high after.

that's why people who have been in crypto for a long time, especially people on this forum, often suggest investing if you are ready to lose and at least use money that will not be used in the near future. because what I feel so far is as you say. The market is very unstable and especially for December and January now and indeed we must accept this and remain calm so that what we do is not wrong when the market is like this.
the market may be hot and prices continue to fluctuate but we must not get carried away and must be level-headed in determining actions

actually that is not only suggestion inside this forum instead that is universal advise to only invest what you can afford to lose mate,
because investing is the riskiest way to earn (Next to gambling) but of course this is more promising and more reliable than any forms.
but coming back to topic? it is blood bath that i am waiting to invest more for this great creation of all time.

Although we are now in the blood bath, the price is not going below $30k but it fluctuates from $30k-$38k and continues.
When you want to invest in bitcoin, you only need to wait until the price reaches the low price and start to buy and hold and sell if the price increases.
That works so far because the price is up and down many times, giving you time to make a profit.
We should calm down in this situation because we need to have a chance to buy at a low price and sell at a high price.
But we should hold on tight on any circumstances and not just think about the blood bath but how we can use the blood bath for our benefit.

True. The correction is overdone and 33K was the bottom in my opinion. Though memories of 2018 are sparking fear that a repeat will play out now but I think  We are not  likely  to see it because  a major fundamental change has taken place in 2021 when we witnessed massive support from major institutions. Unlike the winter of three years ago, investment in the crypto-sphere remains robust -- at least for now. In January alone, crypto-exchange FTX announced the launch of a $2 billion venture fund to target Web3 opportunities.

https://www.ndtv.com/business/crypto-winter-or-crypto-ice-age-what-experts-say-after-bitcoin-crash-2728034

Actually the whales usually dump the market after giving hope of going to the moon. I think the bitcoin prices will countiune to rise over 40K and beyond giving people hope that bitcoin has recovered and we are going to all time high. When they feel that all of the people are in fomo, they may dump the bitcoin price all of sudden.
We never know when it will happen. Prices can dump at 42K, 45K or 48K, lets see what develops.

but indeed sometimes many people are so obsessed that they forget things like this so that when their assets decrease indirectly it makes them stressed.
talking about waiting at this point to add to the assets you want to have indicates that indeed you are a person who has been in crypto long enough to expect this for better survival in the future, and this is a very nice thing to do but I still feel it's still pretty good now high because I believe this is a price that has not yet been at its lowest point

I don't think there will be any bloodshed, because this year a -70% to -80% loss is unlikely. But it does seem clear based on how Bitcoin behaves in 2021, with the biggest drop from $63.5k to a little less than $30k. But the loss of around -50% of ATH is still very real and it's huge. I think we have to get used to this as well as in 2017, everyone also has hope for bitcoin to go back up at least to 60k$ this year

Probabilities would really be always there and we shouldnt really be that confident that we wont be seeing those deep percentage drops because it could really happen anytime depending on some

market sentiment and we should be prepared for that but its not bad on being optimistic on the current market situation we do have now which it is true that adoption is indeed on the move

and recognition is there where at least do make the price a little bit sturdier or stronger compared with the past.

The huge correction has been done a while ago when the price of Bitcoin had just reached $33k. Were supposed to think it was a bloodbath already but because we are expecting the 2018 scenario where it reaches almost to the ground, we believe that Bitcoin is still bullish. It may be we have to think that the market seems different from the previous years and we have to stop thinking for $30k, $20k prices as it possibly has no chance for it.

True. Correction is already overdone (nearly 60% from its ATH ) and i am quite sure that we won't see  the repeatition of  2018 winter as massive adaption has taken place since then, El-Salvador declared it as Legal tender, yesterday India the 2nd largest country in terms of population with huge number of crypto enthusiasts also presented bill in their parliament to tax crypto which clearly means regularization of crypto.

I agree with you on that. I believe that Bitcoin falling from its ATH to where the market started recovering from not which is about $33k is about -52% and I believe that was bloody enough but the season is what matters, we might not see long years of the bear market like we experienced back after the 2017 ATH I guess.

Am also of the opinion we won't see such a heavy blood bath as we experience back in 2017/18, the space has matured more since then, lots of institutions have ventured into btc now than before, they are a key player in the market and would like to protect their investment. so the whole idea of seeing btc below 20k as some people were speculating is no longer on the table,
The market seems stable, hopefully, we are out of woods, however, we shouldn't forget the market can surprise us at any time.

If you are going to be a somewhat decent trader then you really need to stop thinking about whether or not your investment becomes a blood bath or when and if we see the bubble pop. These are all things that manipulate your emotions. At some point it all becomes psychologically to heavy and you betray your own trading strategy with a short term moment of emotional weakness.

And you end up in a blood bath...

Best not to spread FUD and emotional traps.

Well said. Crypto market will get more mature and stable as more and more institutions will invest in it and its marketcap increases to reasonable levels. I think Bitcoin will not see any major fall in coming weeks or months as it has already bottomed out when its price fell to around 33K level which in my opinion was bottom. This morning Bitcoin opened the new week with its price above 42K which indicates that we will see organic growth in its price in coming weeks. DYOR

That advice applies to all kind of investments and not only to bitcoin, after all it is easy to think that we are not going to need the money that we invest in it, but life is full of surprises which means that just at the worst possible time when the market is hitting the bottom is when we need the money, this is why it is important have several saving funds so we do not have to touch our investment at the worst possible time, but unfortunately this is an advice very few people follow, and they eventually pay the consequences of those mistakes.

Since the recovery already happen and people's attention are into it right now maybe we can see stable or little much bullish condition at the moment, for sure many think that the bearish phase already ends since many are now accumulating so hopefully we can see brighter figure to see on what will happen next since for now its hard to give a prediction towards what will happen next month.

Normal reactions could really be seen on these times on where there would be change of hearts and sentiments basing up on the condition or situation they are really seeing.

They do say that bloodbaths couldnt really be experienced again but when the time comes there are some huge correction then they would tell that the market is over and when the time comes there is some
recovery then this is the times on where they do changed up sentiments which is really a normal common human reaction to be made out.

When it comes to any types of investments, we always have this golden rule "Never invest money that you can't afford to lose."  So definitely, save first for emergency purposes, and after that you can start saving to finance your investment. However, having bitcoin as our topmost investment will give us an edge from some other investments because of the expected huge returns. But bitcoin will never stay in peaks at all times, it has also its own flaws that we should learn to manage. This is the reason why bitcoin needs a higher risk since its not a guaranteed source of profits all the time.

Even though bitcoin has recovered, this makes it chances more to again dump from the resistance. The probability of going higher was more at 33K as compared to now at 44K. If bitcoin dump 1000 - 2000 $ in a day, we may experience another bloodbath in the altcoins. Right now, i am not sure, if the market will keep on moving towards 50K or we are going back to 35-36K level. However, in the case of dump, there will be some support at 40K level also.

You are funny. You want to be the only one standing alone but that is not going to be possible. Alot of people are bullish on bitcoin because they want it to come up in price so they can cash out. But if they are not heavy investors their opinion will not do anything for them. I like it when people get bullish as it brings in FOMO and hype, and this will spread like wildfire and get more people interested.

Of course who doesn't want the price to increase, though we all know that bitcoin market has bullish and bearish cycle. And there have been comparisons that we may have a 2018 bearish movement.

So far though, it seems that about a week, the price seems to be going up, there is no FOMO and the only reason we can think of is that stock investors who sold their FB went to bitcoin market. But still we need to be cautious of this kind of movement and we can't just simply say that we are bullish right now.

It's true that this all leads to everything that we invest in and not only Crypto but because here we are only discussing Crypto so I narrow it down to be more specific but indeed I do not deny that this is an action taken for all who invest everywhere not only for cryptos.
Now this is the problem, why do we have to do it with money that is really not really used and ready to lose because we will not know about life, sometimes the need comes suddenly and cannot be predicted.
So why is this not done too much, because many of us are still naive and always hope that profits will always occur so we don't predict a market that is indeed volatile.

I agree with you, however, seeing that throughout the year 2021 a lot of investment entered the market, many institutions, those institutions do not like to see their investment drop in price so much, so it is possible that they put up sales walls to stop the bears, this is normal, since they are considered the strong hands of the market, it is for this reason that even for me the strong hands of 2018 have not yet come into action, only the new investors are the ones who have moved the market.

I know, some don't bother when bitcoin price is accelerating or depreciating, because of the time frame period of investment, it seems that at this period many prefer holding for long periods than be inquisitive about the acceleration of cryptocurrencies generally, their is one major factor that we have to consider mostly in crypto sphere, the first do not discouraged anyone for his method of generating income or profit in cryptocurrency, i notice that some investors benefit during bearish time, because they engaged in purchasing in quantum of cryptocurrencies and invest for long periods.