Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
Well just prepare your money when that price is happening, personally I'm not sure that Bitcoin will go lower than 10k so I'm pretty confident that right now this price is where we can see the bull resistance in the market. Just don't be afraid or panic when dumps happen so we won't see that price in the future.
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Every time we should be careful before investing but now is the time to invest in our favorite project little by little and this is a great strategy Anyway, it would be foolish for us not to invest even after the market has fallen so much and wait for the market to fall further.
Yeah I agree when this bear market happens we should prepare our capital to invest step by step not in a one step. Don't forget to use money that you can afford to lose so that when the market continues falling you won't depress so much because your investment is down. Also always do some research before investing rather than invest in a new coin without a proper team or potential just invest in top altcoins we can find in coinmarketcap.
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Raven coin. Why, because I have set up of miners which mines it and that’s how I know RVN behaviour since few years. The highest this coin have been is 0.18-.20 dollar while currently its way way less and worth buying. It always makes its return to around 0.08 to 0.10 easily and considering the less value, limited supply and POW abased altcoin its best suited for long term holding. It has biggest potential from all the coins that are available to mining as alts. That’s why I love it and always ready to buy.
Never heard about this coin before, will look later and see if this coin really has the potential. If you're an old investor then you should know the risk when investing in this altcoin, also are you all in on this coin only or do you have other altcoins that you invest in. Invest in several altcoins is better than put all your money in just one altcoin.
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Proof of Authentication PostBitcointalk Username: LastKiss Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=408030Telegram Username: @bloodyznumb Campaign Category Participated: Twitter, Discord, And Telegram BSC Wallet Address: 0xe42377ae15BCCe3D63559f23519283B4FDB3787d
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4,500 Bitcoin ($95,456,555) aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back. specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.
They bought it long ago and now want to sell it so just leave that person, I kinda don't care about the whales selling their Bitcoin since if someone else selling their Bitcoin there will be new investors willing to take that bitcoin at a discounted price. Rather than panicking because someone else selling a huge amount of Bitcoin just take the opportunity to buy the dip while it's available.
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The current state of the market will take a long time to recover.At the moment the market is completely out of human control. The analysis that people are doing is completely failing.Many are saying that it may take one to two years for this market to recover.However, in the condition of the market, we can see that it is completely similar.
If we take a look at the crypto history it should be around when Bitcoin is near its halving time or after halving time so it's still a couple of years from now to reach another ATH, meanwhile right now it's better if we accumulate more rather than reading other analysis from other people. Just don't hope this year the market is recovering since there's a lot of negative news from many sides.
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Influence over the market? Or maybe on the eth only since it's the one that will be updated but is it possible that eth can drive other altcoins to move up? If that happens then btc will be left behind but no worries as this coin can rise on its own when it's about time. It can be better if alts rise first since there are lots of them and many people invest on them.
if Bitcoin can stabilize and Altcoins with an ETH boost can get a pump, that could be great for the start of the altcoin season. but looking at the current market conditions, it looks like we're not going to get that. Bitcoin movement is still risky, this could bring us into a correction that is quite severe. but hopefully, Bitcoin will not fall more than 20k If Bitcoin falls below more than 20k$ each or even the other altcoins go lower just prepare your capital to get another Bitcoin or altcoins at a discount price. Just don't make any FOMO moves so you won't get into a bull trap rather than just keep in your strategy and stay calm/patient. In my opinion this year we won't move a lot from this price tho since a lot of people still have a bad experience with crypto.
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1- We need to clean of the market all the shitcoins. We cant have a market with thousands of coins and tokens and the mayoriti of them only go up because the market its bullish. That its clearly not healthy.
And all the speculators need all the shitcoin to recovered the losses in bearish time, so this like a circle can't be stop. Bearish and bullish is a common things in crypto and trading world so you cannot always hope to the market always bullish and the contrary. Just stay away from shitcoin if you already know the risk and don't want to waste your time there. Just let them who does the dump and pump in shitcoin, if we already have our experience then we shouldn't invest in any shitcoins so the one who makes that dump and pump to trap us won't get the benefit.
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I totally agree that things will go back to normal. Feeling a bit of fear is perfectly normal when your investing but feeding the fear and ruminating on it is not helping your mind or your wallet.
I recommend just trying your best to stay calm, exercise more and find your inner confidence that things will turn around eventually. Personally, I don’t even look at my wallet anymore because right now it’s a bit of a waiting game until the markets level out.
Yeah when we see our wallet down by more than 50% there's only depression and panic in our minds so we can't think clearly to make the next decision. Leave it alone is one of best choice right now I think until the market back to normal or recover. Well even it's easy to tell but let's practice more rather than just panic sell and lose our investment.
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in the current bear market situation it looks like stake $1k USDT and get a return of $95 in one year is much better than holding bitcoins. just imagine if you have bitcoins worth $1k at ATH and are currently only worth around $200. sometimes something you think is bad can turn into good luck because crypto market conditions can change at any time.
Well if in a year Bitcoin price keeps steady at the price you calculated then that's worth it. Staking is much safer I think rather than go invest in a random new project in this bear market since many new projects end up being a scam project. In my opinion, staking is not bad at all in this bear market and the profit from there you can buy Bitcoin a little bit.
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People are waiting to buy lower, but what if you're wrong and this is the bottom?
You never know what's going to happen next.
That's why DCA is the best strategy for now I think, since we don't know the bottom price it's better to do DCA little by little. I'm doing that with a little capital left from my exchange wallet since I don't have a lot of capital so I should have a target price before going in. Don't always think that our prediction is right but think that if we invest in this kind of thing we should ready to lose our money.
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What are your current opinions on the cryptocurrency market?
Well, a little gain maybe in this year but we are still not in a bull market for this year in my opinion. Since there's a lot of negative impact from many sources so I won't expect anything good for cryptocurrency this year. Since the price still low just use this opportunity to buy more rather than waiting for a bullish market which means more higher price.
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