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Author Topic: Bitcoin and crypto is in trouble  (Read 595 times)
sherryDEFI
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May 24, 2021, 03:09:55 AM
 #41

I always believe that Bitcoin will stand up again and rise in price. The bull market has not ended, and the bear market has not come. This should be just a short-term normal price adjustment, and it will continue to return to its previous position soon.
lunaBTC 12
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May 24, 2021, 03:23:22 AM
 #42

Bitcoin market is similar to the stock market. The stock market has ups and downs. Similarly, bear market is inevitable. The undervaluation of bitcoin market is only temporary, and will eventually usher in a climax.
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May 24, 2021, 03:32:12 AM
 #43

The Bitcoin plunge this time has indeed caused panic among many people. I also think that the country should take some measures, but it is certain that Bitcoin still has a strong vitality. This, everyone, don’t doubt, we have to deal with Bitcoin. The currency is confident.
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May 24, 2021, 03:40:38 AM
 #44

The cryptocurrency market has gone through many ups and downs, so don't panic about it, everything will return to normal. Bitcoin and other altcoins have begun to fall, but currently you can buy more falling funds, if you still have more funds, or hold them once and sell them without losing money.
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May 24, 2021, 04:54:19 AM
 #45

The only who is in trouble are those who sold their crypto holdings, nothing much. The previous price (range 56-59k)will be here again soon, and that might take months or maybe even a year and then again, those who are in trouble are only those who sold their holdings.
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May 24, 2021, 04:59:56 AM
 #46

We see this same thing over and over, just like in 2018. Paper hands transferring wealth to diamond hands.

Well, just load up more and come back months later.

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isaac_clarke22
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May 24, 2021, 05:10:52 AM
 #47

You mean FED like Federal Reserve System?
Not sure what you mean here, but I don't think they have the means to do anything in crypto even if the price has dipped.
They're just your regulators,OP.
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May 24, 2021, 05:23:38 AM
 #48

The only who is in trouble are those who sold their crypto holdings, nothing much. The previous price (range 56-59k)will be here again soon, and that might take months or maybe even a year and then again, those who are in trouble are only those who sold their holdings.
That's not how they see themselves when the prices are going down, they go back to hating bitcoin again and then when the prices go up, they change their stance and they will buy again and the price will crash and then they will sell at loss and they hate again and the cycle goes on.

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davis196
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May 24, 2021, 05:52:46 AM
 #49

I know that you are joking,but there's no proof that the 2020 stimulus checks pumped the Bitcoin price.
It was the institutional investors,like Grayscale,Microstrategy and Paypal,that pumped the Bitcoin price in 2020.Elon Musk/Tesla pumped the BTC price in the beginning of 2021.
You should also keep in mind two more things:
1.There will be no more stimulus checks.The US economy will open,as the vaccination continues.
2.The Bitcoin price kinda stabilized at around 35K USD,so the price drop isn't continuing for now,despite all the FUD coming from China or other places.

Dadan
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May 24, 2021, 06:16:55 AM
 #50

I always believe that Bitcoin will stand up again and rise in price. The bull market has not ended, and the bear market has not come. This should be just a short-term normal price adjustment, and it will continue to return to its previous position soon.
Bitcoin will be returned to its previous position for sure, but it will take more time as bitcoin and cryptos face problems continuously. Probably next few months or years. Just hold your asset and don't panic sell because it will only lose you money when you panic sells your asset. Holding your money for a long time is not bad unless an emergency happens that you really needed to use.
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May 24, 2021, 06:44:53 AM
 #51

The market has fallen back and has been slowly returning on track. We don't know whether this gets continue or not, because right now the market movements weren't followed by the real trend, it is being manipulated by the whales in the market. In my opinion there is more chance of Market reaching the value of $20000 in the coming weeks.

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valentine wheeler
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May 24, 2021, 07:21:12 AM
 #52

Brother, hold on, the path of growth and ascent will always be tortuous, like K-line, I have faith, I will hold it for a long time, and I will grow together with Bitcoin
ethereumhunter
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May 24, 2021, 08:11:14 AM
 #53

I always believe that Bitcoin will stand up again and rise in price. The bull market has not ended, and the bear market has not come. This should be just a short-term normal price adjustment, and it will continue to return to its previous position soon.
Bitcoin will be returned to its previous position for sure, but it will take more time as bitcoin and cryptos face problems continuously. Probably next few months or years. Just hold your asset and don't panic sell because it will only lose you money when you panic sells your asset. Holding your money for a long time is not bad unless an emergency happens that you really needed to use.
I hope that it will recover in the next few months than a year because many people are getting a big loss and will not profit if that happens. But if that is what will happen later, we can not do anything except follow the crypto journey. I am sure that we will see the light for the crypto market and it will recover soon. Holding the asset will be important for us because we do not know when the market will be back to the high price and if we sell it now, we can not make a profit later.

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May 24, 2021, 08:28:47 AM
 #54

Fed need to give out asap More stimulus.
If Not bear market is coming

And nobody Don't Want bear market.

So Here what the New York bankers together with fed and also biden should do.

Wait little crash  btc support to  30k Not lower then give out Other stimulus.
Also give out money to companies to invest in crypto.

So traders Will Stay on the game the bear market is Not Good for Healthy market Economy.


I Hope the fed Will act Fast and Help the Bitcoin Up Again.  
At least as a member status, I want to believe that you must have experienced something like these back in crypto years where the market dips just this bad, and did the market recover from that? yes.

So I believe that this is the same play even with all the Fud flying around. Ups and downs are part of the crypto market and we should enjoy it more instead of panic all the time and I know that Bitcoin and crypto are not in trouble
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May 24, 2021, 08:46:05 AM
 #55

Fed need to give out asap More stimulus.
If Not bear market is coming

And nobody Don't Want bear market.

So Here what the New York bankers together with fed and also biden should do.

Wait little crash  btc support to  30k Not lower then give out Other stimulus.
Also give out money to companies to invest in crypto.

So traders Will Stay on the game the bear market is Not Good for Healthy market Economy.


I Hope the fed Will act Fast and Help the Bitcoin Up Again. 
I am not in the USA but from the news I hear about crypto and the US government, I believe that they are more interested in collecting their Taxes rather than providing stimulus to boost the crypto market and besides, this is a natural occurrence with the cryptocurrency market as some have mentioned but we keep having people freak out all the time when it happens.
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May 24, 2021, 04:01:16 PM
 #56

I don't actually see it as trouble but rather an opportunity to buy and accumulate more. Most of us have waited for this where we could buy at low prices. We should keep in mind that a dip like this is part of the process and market volatility. Let's always take every market situation as an opportunity to earn rather than complaining and fearing the dip.
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May 26, 2021, 03:58:50 PM
 #57

Fed need to give out asap More stimulus.
If Not bear market is coming

And nobody Don't Want bear market.

So Here what the New York bankers together with fed and also biden should do.

Wait little crash  btc support to  30k Not lower then give out Other stimulus.
Also give out money to companies to invest in crypto.
So you think that the government are doing whatever that they are doing because of Bitcoin? You don’t know what you’re sayingman, meehn nobody in the government cares about this. And moreover you just said this like the bear market is never meant to happen? Oh please! This is happening and this is not the first time that it is happening.

You are the one who is responsible on what to do and how you can be able to protect your wealth so that you can avoid losing your money in the market. It’s as simple as that, not everybody in the market of cryptocurrency is going to make money, but as long as you play well, you’re sure to win.
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May 27, 2021, 02:27:31 AM
 #58

Bitcoin and cryptocurrency can't always be a bull market, just like the road. If there is an upward trend, there will be a downward trend. If there is a bull market, there will be a bear market.
Only new people will be afraid of the price drop in the money market. Bitcoin is excellent. We should be confident compared with the special currency and cryptocurrency
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May 27, 2021, 04:12:57 AM
 #59

It's time to understand that the states and their bodies are not interested in the growth of the cryptocurrency market. In fact, the rise in the price of bitcoins prevents them from pursuing their financial policies, and therefore they will not do anything to support the cryptocurrency market.
And they shouldn't interfere with this market. It can do without government funding. It has its own periods of rise and fall and to interfere with this natural process, this means artificially disrupting this normal process, which can cause negative tendencies in the future.
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