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Author Topic: Crypto experienced bloodshed  (Read 745 times)
AnonBitCoiner
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July 25, 2023, 07:02:43 PM
 #101

I am also experience and feel this way, one of the common obstacles that most people feel is that they also have difficulty buying because they have to make adjustments for their daily needs. Those who dare to take risks by borrowing time, they are winners, for those who don't, they are just spectators. So, now we will also be spectators when prices rise at the beginning of the year. if this the same as 3 years ago.

Yes exactly adjustment for daily needs is also very necessary as investment is not only thing which we have to think about. I don't think that those who are taking loan for investment are winners because it is not an easy task but it requires lots of learning and expertise.

Now the price is 30k$ and everyone knows that it will be more up than this next year but some will be unable to make investment because everyone cannot afford to buy it other thing is that they have to keep the expenses in mind as managing of house holding activities is also one of the most important thing.

One who have the responsibility to manage their home should not take loan for investment because its one of the most hazardous field of getting profit.



 

 

 

 

 

 


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2double0
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July 25, 2023, 07:12:27 PM
 #102

Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.
TravelMug
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July 26, 2023, 02:34:02 AM
 #103

Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.

Or let the market flows it's natural course. That's the one of the first thing I've learn in the beginning of my career in bitcoin and here in the community. As much as we want a parabolic rise, it's not that easy to accomplished as there are a lot of factors and parameters that we have to look at.

So if we experience blood shed, so be it. But then we can used it to learn how the market works and so the next time we can adjust our investment strategy or trading if we want to take advantage of the downturn.

R


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uswa56
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July 26, 2023, 05:48:53 AM
 #104

Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.

Or let the market flows it's natural course. That's the one of the first thing I've learn in the beginning of my career in bitcoin and here in the community. As much as we want a parabolic rise, it's not that easy to accomplished as there are a lot of factors and parameters that we have to look at.

So if we experience blood shed, so be it. But then we can used it to learn how the market works and so the next time we can adjust our investment strategy or trading if we want to take advantage of the downturn.
That's absolutely true, what happens is normal and even some people want this to happen, as we already know that Crypto price movements are quite volatile and very difficult to predict with very fast movements every day so because of the movements that occur we can take lessons and experience for knowledge of trading and investing.
I've never panicked or been afraid of a downturn, on the contrary, I always think positively and even this is the right time to be able to enter and invest more.

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July 26, 2023, 05:58:48 AM
 #105

Now the price is 30k$ and everyone knows that it will be more up than this next year but some will be unable to make investment because everyone cannot afford to buy it other thing is that they have to keep the expenses in mind as managing of house holding activities is also one of the most important thing.

Why can't everyone afford it when we can buy Bitcoin in any quantity that we can afford. There's no law that we must buy 1 bitcoin. Buying 1 Bitcoin is for those that have the spare money for that as for other investors we can buy the amount of Bitcoin that we can afford to hold.

Holding bitcoin is more easier when you are on a budget that won't cause you to panic if the market crashes but if you over invest, you'll have no rest when there are bloodbath in the market but bloodbath are normal as they're opportunity to buy Bitcoin instead of been afraid.

The price has fallen below $30,000 which give us an opportunity to dollar cost average for the period of Bitcoin been under $30,000. This might not be too long as the market would bounce back soon above $30,000 and continue to increase until we get to $35,000 and above.

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July 26, 2023, 08:00:21 AM
 #106

Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.

I agree. it is like natural selection who the strong and resistant will survive these trying times. True, Crypto is experiencing a bloodbath where the decline in trading volume is also a concern for investors about the liquidity of crypto assets and one more thing if we pay attention to how the role of the media works here with a series of bad news that has emerged that has shaken new investors.

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CageMabok
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July 27, 2023, 10:17:24 AM
 #107

I agree. it is like natural selection who the strong and resistant will survive these trying times. True, Crypto is experiencing a bloodbath where the decline in trading volume is also a concern for investors about the liquidity of crypto assets and one more thing if we pay attention to how the role of the media works here with a series of bad news that has emerged that has shaken new investors.

For matters of bad news that can still affect prices in the market or affect the attention of some investors, it is still quite a common thing to happen, but everyone must also see the effect of good news on both aspects because good news is not only able to push prices up, but also able to encourage interest from new investors to enter the market.

Because between the good news and bad news at this point I see that they are almost balanced and have an effect on each other for price and interest in everyone which can be the reason for prices surviving in difficult times, although I don't think that the current time is a difficult time because every investor can still invest according to their own capabilities at cryptocurrency asset prices which are still very affordable in my opinion.

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July 27, 2023, 01:25:22 PM
 #108

I agree. it is like natural selection who the strong and resistant will survive these trying times. True, Crypto is experiencing a bloodbath where the decline in trading volume is also a concern for investors about the liquidity of crypto assets and one more thing if we pay attention to how the role of the media works here with a series of bad news that has emerged that has shaken new investors.

For matters of bad news that can still affect prices in the market or affect the attention of some investors, it is still quite a common thing to happen, but everyone must also see the effect of good news on both aspects because good news is not only able to push prices up, but also able to encourage interest from new investors to enter the market.

I would say that it's common practice for some sector to spread negative news about crypto, we don't know what there intentions though. Maybe they are being paid by some groups to spread this, or they simply don't like crypto and wanted to destroy it at at all cost.

Because between the good news and bad news at this point I see that they are almost balanced and have an effect on each other for price and interest in everyone which can be the reason for prices surviving in difficult times, although I don't think that the current time is a difficult time because every investor can still invest according to their own capabilities at cryptocurrency asset prices which are still very affordable in my opinion.

It is is FUD, I think crypto enthusiast knows how to weight the issues and might not be affected. The thing though is that there are newbies that are simply being affected by it. So if we could only balance it by negating those not so true news then it's going to be our responsibility. Btu as we stay longer in this market, the more we learn that it's just simply FUD and the effect is just short term. And that we shouldn't panic and wait till everything settles down.

R


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July 27, 2023, 01:29:21 PM
 #109

Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.
I agree. it is like natural selection who the strong and resistant will survive these trying times. True, Crypto is experiencing a bloodbath where the decline in trading volume is also a concern for investors about the liquidity of crypto assets and one more thing if we pay attention to how the role of the media works here with a series of bad news that has emerged that has shaken new investors.
As we get into the future, retail investors will start to become stronger individually, and then this bad news won't have as much of an effect as they do now, because we have seen in the past where bad news had extreme effects on retail investors, but nowadays, that extent has decreased significantly, we saw in the news about Binance getting sued by SEC, everyone thought the market will crash badly because of it, but traders didn't react as severely as expected.

Bloodsheds are a part of the market, there will always be bear and bull markets as we go ahead, but a strong investor would never get worried when the market gets in a bad situation, most traders who have a positive mindset will find bloodshed to be opportunities to buy more and store for the good times.

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