So we will see, I'm sure Lakers fans are also undecided as to who is really to blame to their season this year as in paper they look to be championship level in the beginning.
I'm not a Lakers fan but I know who to blame. lol.. I think it's because of Westbrook, before he was traded to the Lakers, that team was a championship team, but then when he finally gets in, the hype was high but the expectation vs reality did not sync. |
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Both ethereum and Bitcoin are at a stable price right now, ethereum still maintained its almost 4k price and bitcoin rely on around the 50k region but those investors looking for quick profits are looking for better options between the two so should one remain with Bitcoin or should look for another option like ethereum so what will you advise for a new investor.
you should look for alts if you really want to make quick profits because to be honest bitcoin and ethereum right now isn't suitable for that way since we are still at the bear market. Perhaps unless if you use futures trading because you can shorting despite of the situation. That's wrong, when we are talking of a bear market, it's not only bitcoin will dump but the altcoins as well. In fact, looking at the history, bitcoin will dump but altcoins will dump more, so there's no chance you'll profit from investing altcoins, smart investors will choose a stable coin to prevent loses. |
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The market situation is not the best and no one knows what to expect, there is a fear of investors in the market. Since the recent drop, bitcoin has lost 40% of its ATH, the fear index has reached 10, and even the altcoins that performed better in the correction, such as NEAR, ATOM, have also lost a little in value. We hit the baseline BTC support of $ 40,000, which we got off to a good start last time, and went to the new ATH. Bitcoin dominance at the bottom. And today we saw a rebound and a small rise in BTC and the market as a whole. Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.
Yes, I think this is an opportunity to buy some coins as most of the coins are just trying to recover from their losses, so after recovering then the pump, but it all depends on the strength and nature of the project. But this is indeed the right time to invest as this kind of opportunity might not come again this year. You are right. Now is a good time to enter the market and buy altcoins while their prices are still having high discounts. Otherwise, you will miss another opportunity because you are busy waiting for another dip. But knowing there are a lot of scam projects around so we should be more careful too not to fall investing in shitcoins. And always be reminded that not all coins who are in dips right now have potentials to grow or succeed, some are definitely low valued coins because they don't have any demand to grow and increase their value. |
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A Person who is still trying and struggling to feed his family, regardless of the headline of the moon and lambos they see displayed with other sweet testimonies, they can't just be pulled their self from that shell and to invest in bitcoin becomes a challenge. The sad part of life is that it's not fair because a person will be born and will eventually die as a struggler
It is quite a challenge for a lot of people, because they are unable to move forward with their investments and plans because of financial problems or difficulties. This is why some people are unable to hold their investments for a long time, because whenever they invest their money in the cryptocurrency market, they are bound to have some problems that they would be needing the money to solve, so they end up withdrawing there investment without even having to leave it for a long time. They end up missing an opportunity, because they are unable to Hodl. Lack of finance can really hinder people from a lot of things. i guess, we can't prevent such situations from happening. but each one of us here can always find a way how to earn money from what we know we are capable of. if your funds are just enough for your basic expenses, you can always use your skills or talents to earn extra. just like others here, they are joining bounty programs to possibly earn something. but of course, one should be diligent enough in choosing which project to promote because not all of them will respect the agreements. but what am i saying here is - there are other options to earn, just exhaust your skills and you will find one. Well, when it comes to crypto, i think there are a lot of jobs that can certainly give a decent income, aside from investing. So if you have no funds to invest in crypto, then start earning through applying for a job that will suit your skill. But of course, you have to be good at it so you can be rewarded too. I was born from a poor family and so i know the feeling of being deprived from a lot of opportunities because of lack of finances. But i think this is not a hindrance to learn and start to invest in crypto. I believe each of us has gifted with individual skills so we must learn to enhance it and utilize so we can come up with a good income and start to invest in bitcoin even with a minimal amount. |
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I believe this is the perfect time to open this thread since we finally see a reversal and a clear pattern. Congratulations to those who buy the dip especially those who manage to scoop the wick below 40K. I believe Bitcoin will show a good uptrend movement starting this week and so on until it reach a resistance. It's a good thing that Bitcoin manage to recover after it hits the 40K support and never close below that level. Of course there's always a chance to have a retest on that same 40K area before we can see a massive pump again. Still a good profit for those who bought on the recent dip.  Well, the market is not yet fully stable so it has still chances to fall back to $40k and right then, we will see if the price will move up or go down even below $40k. But its very clear that all those who bought at the recent dip have been making profits already and i'm really happy for them. This is the reason why its really important to buy in every dip because we don't really know if the next thing it will do is create a massive pump. So its really a good thing to keep calm and enjoy buying at the dip. |
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Yesterday i saw market recovering but now again failed. Still have ether, bnb and others altcoins that i haven’t sold. I don’t understand this is an opportunity or the preliminary start of bear market
Sometimes it will be failed to break the resistance if there was not enough support to push the price even higher. That means bitcoin should build its support again and it may try to break it in the future. The bear market already happened and why do we need to wait for another bear market to come? that's really strange. In these situations, bitcoin seems still recovering from the last downtrend and the price is trying to lift to the higher price. We will see if, this time, bitcoin can back to up to $45k this week or it still need longer to reach that price. If that can happen this week, sooner or later, the price will be back to $50k and maybe that will happen in the next month or two months later. Maybe those people are late to buy bitcoin at $38k-$39k so they want to see another bear market come to buy bitcoin. Do not wait for another opportunity. Although bitcoin has seen to have a price increase but we are not yet sure if its price will eventually go up. The fact that the market is in a terrible dump, then i can say that now is the best opportunity to buy promising coins that has guarantee to be more valuable in the future. As long as correction happens or particularly when bear season is here, its always the best time to enter the market so be ready with your extra funds. |
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I see the price of bitcoin does not last long at the level of $ 40,000. But I believe, the weakening of the current bitcoin price does not rule out the possibility that the price will advance to a higher position until it reaches a new ATH record. But I think, although the price of bitcoin is still weak lately, but the price of bitcoin is not going down to the level of $ 30,000 again. Therefore, this is the right time to buy when the bitcoin price corrects.
It’s still hard to determine if upto how much the price will go down but it is certain that the price will arise again when the market shows a positive sign and is having and recover it will soon to have another ATH. Im taking this time to study other altcoins like NFT and Metaverse as well to study more chart and flow of the market. The price may not be lower at 40k usd if ever for long so better prepare some amount so we can ride once the market starts to recover. The fact that bitcoin is so much volatile and its hard for us to determine as to what price its deepest dip, then i think falling down to $30k might still be quite possible. With the continuous price decline of cryptos in the market, this correction might pave its way to a new bearish season that will definitely make the prices even more bearish. So with this case, i guess there's a lot of chances that $30k might be its bottom price in the end. If the level of fear will not fade out and the dump will continuously happen then we might fall at that number but if there's something event that can eliminate the fear of the people then chances for us not to see that one is also there but lets keep monitoring the market since its hard to place some position knowing market is not in good shape recently. But it seems the market is making a little progress at the moment. Its currently priced at $42,769 so if this pump will continue to grow, then bitcoin will never have the chance to fall at $30k price level. For me, this progress will slowly remove the fears that we are facing right now, but somehow reaching $30k area will bring a good opportunity as bitcoin's best entry point. Maybe we could just observe the market right now and let's see what will be the price movement either its upward or still follow its downward trend. |
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It’s not going to be like where everybody in the world are crazy about Bitcoin just because they are seeing their friends are making use of it, or maybe they just like it and they voluntarily decided to start making use of it. No, it’s not going to be that way.
Yes, for sure there would be lots of people who would develop interest and there will also be those who will make use of it because they see their friends making use of it. But, let’s not forget that not everyone can really develop interest just like that.
Yeah, for some people whatever they don’t like, they just don’t like it, or whatever they don’t have interest in, they just don’t have interest in it and no matter what, they still won’t be interested. It’s just like when Forex trade was new and a trend, I had a lot of friends who were into it, but I still never engaged in it no matter what. So that’s just it, but for sure there would be increase in the number of crypto users, but it’s still not going to be everybody that would make use of it. Well, let's admit it, bitcoin may be the trend one of these days, but definitely not all people will be attached on it. Although it will create a wider scope for its users and investors, but not all people are going to use it and invest in it. Simply because, majority of the people have still high confidence using fiat despite of the high inflation, and using bitcoin would only mean a higher risk and will put them in a more complicated situation. More particularly with the old people, i can see that they are not open to new changes anymore. |
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Those who are still holding Bitcoin in large quantities in their portfolio are really trying. As the market is falling we should endeavor to get altcoins which has strong management team and unique liquidity to scale through when the market recovers. This is the best time to keep buying as the . market goes down, not just a single project but different one.
I know it's always better if we can diversify our portfolio as much as we can, but selling bitcoin just to enter in a more risky investment which is investing in altcoins, i think that won't work for me. I have been struggling in the past just to own bitcoin and now that i have it already, i won't never sell it at a very low price. I think i will have more chances to buy altcoins when the market will fall even more, so i think i will only wait for that time. |
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I'm not sure I'd say we're in a bear market yet. This still seems like correction territory to me. Granted, it's closer to bear market territory than I'd like it to be. We're still in the comfort zone at the moment though. I think things will start getting uncomfortable around $39K and below that will feel like a bear market. At the moment though we could be in a trading range between $42.0K & $69K. Until that breaks, this could be viewed as a buying opportunity. Especially seeing the sentiment in the market expecting it to drop further. The bulls have been liquidated enough, there should be some bears on the menu before long.
I definitely agree that we are not in the bear market right now. It says we are 20% down for the week we are 11% or so down, and only in the last 30 days we are around that 20% mark and not even there, we were around 48k or so and now we are at 42-43k levels which is 5-6k difference and that's not 20%. All in all I would say that its nothing too shocking and we should not be calling it a bear market. For it to be a bear market we need to see it drop a lot more in the future. We need to see it a lot worse, we need to see like 40% or so drop in order to call it a bear market if you ask me. Obviously there is no definite line to say if one thing is bear or not, but this seems too small of a drop to be suddenly in bear market, it was just a small drop. I can also see that the current drop is not that very serious and its fall rate has not reached 20% so maybe we are not yet entering the bear season. I think there will still be a lot of this when we finally turn into bearish season, that weak hands cannot sustain it anymore and end panic selling. But we know things that are happening right now will not be forever, it will surely end when we see the market starts to recover. So its better to hodl our coins until we see good chances to sell and earn profits. |
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Nobody knows what will happen. I was around in 2018 and whenever it dipped, people were saying they bought the bottom and we’re going to sell at a new ATH. Then it dipped again and again and again and then people assumed $6K must be rock solid support until it wasn’t.
Then people assumed $4.5K was the low, until it wasn’t and then it went to like $3.5K and did nothing for many weeks. Many sold out of boredom and it was the low.
So who knows if 2022 will be a repeat.
People will keep on calling it the bottom for now as well, and even if it falls there is nothing wrong with that. Imagine all those people who said 6k was the bottom, if they kept their money they would have made 10x in just 3 years in 2021, how many investments are out there in the world that gives you 10x return in 3 years? If they are getting bored from waiting just 3 years, then they should not be investing in the first place. Investing is not a daily thing, trading definitely is so if they are traders they shouldn't have kept their coins for so long and traded daily and shouldn't be losing all that much money. However, if they are investors then they should be not getting "bored of waiting" for 3 years 10x return, even more, like 11x or so. This is why I keep saying that holding is the easiest and hardest thing ever. You literally do nothing at all, and some people can't do it for some reason, they keep selling and buying when all they have to do is literally nothing. Well, 3 years is very long particularly for those investors who are eager to make profits. Because if they can make possible profits in the earliest time, i know they will do it but the problem is most of the investors aren't good traders at all. They tend to hold but when a small opportunity knocks, they eventually sell their coins. But if we can make consistent profits in trading even if the amount is only small, but once they are added, they will make up huge profits like what most of the long term holders wish to have. |
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of course the most profitable and safest investment is investing in big altcoins like BNB and SOL. but despite all this market conditions will still determine everything, if market conditions in 2022 are in a bearish phase, the crypto assets you have will decrease and vice versa. but if you want to invest long term of course you will not really care about current market conditions.
Main altcoins like BNB and SOL will always gain higher value in the long run compared to new altcoins which their future is still uncertain. But i think it will always be bitcoin who will dominate the market and will be the topmost profitable coin in the market, no doubt for that. However, i think there will be new set of projects that will come out successful this year. As long as they have real purpose and the community can benefit from them, then they will surely be trending this year. But i guess in the end, making DYOR will always be the key to make profits. |
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As for 2022 and the purchase of cryptocurrency, I believe that you need to pay attention to precisely those trends that are either already in a trend or will be in a trend. Of course, this is BTC itself and some altcoins, for example, the top 10 altcoins. you can also choose promising crypto assets from the DeFi and NFT sector, as well as the new direction of the Metaverse. But I would also like to draw your attention to the fact that it is best to invest at the right time, and this is precisely on the price drawdown, that is, when the market goes down, and not buy on the rise.
That is a great point. Whenever price goes down, we know that "eventually" it will go up. Nobody knows when it will be, but we all know that this price is not the top of this year, we will definitely go higher. It means that if you buy at this price, and wait for it, there will be a moment when you will profit. How cool is that? Knowing that if you buy something right now, you are guaranteed to make a profit within a year? I personally really enjoy this situation and I really would love to see it get better as well but sometimes these downs are just great situations to be in. So, right now may not look bright but to have something that is as guaranteed as "buy bitcoin and you will profit" in your hands right now is a great feeling for sure. I think that's the best advantage in crypto that even if you just buy and hold your coins, and just wait for the price to recover while sitting in your favorite rocking chair, there is already good amount of profits waiting ahead. That is why most investors prefer to make crypto or bitcoin as their retirement funds. I think 2022 will always be a good time to buy and sell. Just learn to monitor the market more so you will know when will be the best time to make an entry and the best exit. I know you'll always be in the right track if you do that. The opportunity is always here, it only varies to the strategy we are doing, if our strategy is not working, then it will not gonna make us profitable. Long term hold does not choose a time, you can buy during bull or bear market because bitcoin has not reach its peak yet, it will still continue to rise even if it will reach $100,000 overtime. |
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I can't believe the Bucks are going to let DeMarcus Cousins walk away a free agent. He was playing great for them. Much better than I expected. I guess he was just there to fill a roster spot during the covid restrictions. I'm curious who is going to pick him up now. Twitter is screaming at the Lakers to waive DeAndre Jordan and sign Cousins, but I don't see why they can't keep both... Likely Cousins will find a new home somewhere else. I think Chicago might be a decent home for him if he's still chasing a ring. Another stint with Golden State might not be a bad idea either. I'm sure someone will grab him quickly.
Checked the roster of the Chicago Bulls and yes they might want to grab Cousins as fast as they can. They need a center/forward to fill the shoes of Vucevic if they will be up against big men games. Vucevic is averaging 33 minutes per game and as a center that might be an exhausting number. If they will let Cousins in, they could give him a breather that could strengthen the rotation even on second stringers. They accept 10 days contract now, if its possible test him for that amount of time and if he performed good then give him a better contract. I don't know if Cousins will accept that kind of offer though. Cousins is not a superstar anymore, his days of being an all-star player are over, so if he wants to stay in the NBA, he has no option but to take short term contract and prove to the team that he is still worthy to get a longer contract. He can be a great help for the Bulls but his minutes will remain limited, and I hope he will not be easily injured. |
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He refused to follow me to invest in bitcoin because he thinks that bitcoin is not real, he can not touch and see the form of bitcoin but it existed from a long time ago.
not surprising indeed because I thought that way last year  But indeed, if you look at it now, we can't just leave bitcoin and like it or not we also have to get to know this sophisticated creation regardless of whether or not we want to invest later we can't just get rid of bitcoin at this time. and maybe for people who still refuse with the reason bitcoin is a scam, they should open their eyes wide now Some of my friends still do not follow me in investing in bitcoin and I do not even think about them and do not give more info about bitcoin to them. I decide that they do not want to know a new chance that can help them have a new source to make more money or are satisfied with their conditions now. Besides that, I do not want to teach them who only want to fill their wants without thinking about others or sharing what they know. It is better to have a few friends, but they are really best friends who will not just be with us in a happy moment, but also sad moments. I think you should just focus more on achieving your goal because if they will see a lot of progress happening in your life, believe me, they will be the one to ask you how you'd do it so they can also be like you. So its just a matter of time. They will finally understand bitcoin once they will start investing in it and just like anyone who had made a good amount of income, they will be attached to bitcoin because of its high value and high returns. |
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This isn't easy for us who are expecting to see the conference to resume soon, looks like we are back to the old days were PBA are having a hard time to figure out how to continue operating while the covid-19 cases are increasing fast.
The rate of spreading of Omicron is even faster than the Delta even though the severity of it is lesser than that of Delta. Just this day, there are new 17,220 cases and the positivity rate is around 36.9% which means 1 out of every 3 people who are having their swab test ending up being positive. For PBA, worst case scenario is they will enter the bubble again which I think might be possible but will the BOD try to go that route knowing that they might have lesser revenues. They can't afford to stop the conference anymore because they started it already and one thing more is that franchises will not allow it. Lets just see how the management will deal with this and I'm pretty sure that they will do everything to at least finish this conference. Do you think the data is accurate? I'm just curious, why there's no spread last month? and now this spread is very high. I guess our government is not telling the truth, it seems like they're manipulating the data for whatever reason they have and I sense it's not good. Can't say TBH. I'm just saying what the media is saying. Maybe the government is lying or not we don't know. I don't want to say that they are manipulating the data either because we already know how fast this Omicron spreads and even though right now we only have 43 cases base on this article, we already have a local transmission meaning the virus is everywhere especially in the NCR. Whether they are manipulating it or not doesn't matter at least for me because what matters is our safety still. Whether it is 17,000 or 10,000 or even lower, there is still the deadly shitty virus out there. Its very surprising though that the cases tripled in just a span of 2 days. I'm not surprised because the virus has already spread prior to the restrictions they implemented just recently. The test maybe was just conducted earlier but there are already people who are asymptomatic who are roaming around since last month we are allowed to party already and go to public places. |
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The games today seems very tricky but I like the Grizzlies -12.5 @1.89 if they're able to pull off a double digit win against the Nets few days ago then it's more likely against the Pistons plus it's a home game we've seen Grizzlies blow out certain teams at home. The only issue is that some of their players aren't guaranteed to play as it comes down to game time decision. Grats mate, spread like that is not tricky for me, it usually hit because mostly the public would go on the other side due to the high handicap. Everyone is playing very well, it was all dominated by the Memphis and this turns out to be a gift for bettors if they got the balls to take it. |
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according to my speculation this year is the same as 2021, prices are likely to improve in 2022 and it is possible to set a new record by reaching ath. all coins depend on bitcoin if bitcoin increases the value of other coins also increases. My prediction this year there will be a new coin, we should choose this new coin wisely. If we are lucky we will surely be rich.
Well my expectations about all the speculations about the price of crypto this year will tally with that of last year however the current price dump or massive correction being experience by bitcoin is a consign to me, though I am very optimistic that price recovery is imminent but I don't think a new ATH is likely to be achieved so soon, Meanwhile metaverse related projects will continue to gain ground and trend very very it's up to every investors to research for the feasible project and invest in it. Definitely all coins will still be dependent on bitcoin and seeing we are in a tough market right now made me foresee that bitcoin will not reach its new ATH in this first or second quarter of this year. But hopefully, it will be very possible before this year ends. So never lose hope and keep your patience through hodling your coins. Once you fall from all this correction or from this incoming bearish market, definitely you'll end up in a mess and will face huge losses again. |
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I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?
I think what you have experienced is almost the same as others. Don't always expect that what you have to desire will always happen. There is always a loss even for hardcore traders. What will be the most beneficial will always depend on what you think about the situation. You are already an experienced trader and I know you can face every problem you will face in the future. You are right. Don't worry if you think you are losing in trading, because most of the traders are really experiencing losses in trading. And there's no way we can avoid that. But we can learn to minimize from committing losses if we can always use a strategy that will be good for any season of the market. I mean its always better to upgrade our strategies every now and then because as the market continues to create changes, our strategies too will also be flexible in every market situation and that is why we also need to work on our strategies and our personal attitude towards trading. |
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No in my opinion we should never sell at a loss and at panic the market is changing and unpredictable sooner or later it will rise again, i do not think we are close to a bear phase
Well, if you sell all your coins with the current low prices, expect for a huge loss after that. Sell only when prices are at their peaks. Instead, make this as a continuous opportunity to buy coins and hold them for long. What we have at this moment is because of FED, and not because we are already entering the bearish season. But if we could make this current market condition on our own advantage, then we won't be bothered whenever the market continues to dump as we are now expecting future profits after this. So hold all your coins and just wait for the market to recover before deciding to sell. |
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