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Author Topic: Market is about to pump  (Read 687 times)
Cryptmuster
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November 23, 2022, 08:08:36 AM
 #81

When we make predictions it is important to not let our personal feelings cloud or judgment, I think that given the circumstances many people and I include myself there would like for the price to recover even if a little bit during the next days, but we need to face the reality and accept this will not happen, people are still in a state of panic and there are a lot of rumors circulating about the possibility of other exchanges having problems since the fall of FTX, and until people calm down there is no hope at all for a pump to happen.

For now, I'd like to see the fall continue for a while as I wait for the best price to buy. I have been waiting for a fall for a long time, but I confess that I did not expect that the fall could be so significant, and probably it would be possible to buy already, since yesterday it is clear that a reversal has begun, but I think that this may be a temporary increase and after that the fall will continue.
Silberman
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November 24, 2022, 09:47:05 PM
 #82

When we make predictions it is important to not let our personal feelings cloud or judgment, I think that given the circumstances many people and I include myself there would like for the price to recover even if a little bit during the next days, but we need to face the reality and accept this will not happen, people are still in a state of panic and there are a lot of rumors circulating about the possibility of other exchanges having problems since the fall of FTX, and until people calm down there is no hope at all for a pump to happen.

For now, I'd like to see the fall continue for a while as I wait for the best price to buy. I have been waiting for a fall for a long time, but I confess that I did not expect that the fall could be so significant, and probably it would be possible to buy already, since yesterday it is clear that a reversal has begun, but I think that this may be a temporary increase and after that the fall will continue.
It seems that the price is moving between 15k and 16k and I expect this to remain true for some months, however I really think it is possible we are going to keep hearing about other exchanges being near a complete collapse, and this is because many people are scared about what it is happening and they are withdrawing their money from exchanges, and if those exchanges were in a bad shape before then it makes sense that after so much money is withdrawn they will face an even more difficult scenario and they could collapse at any moment.
Kelvinid
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November 24, 2022, 11:31:35 PM
 #83

When we make predictions it is important to not let our personal feelings cloud or judgment, I think that given the circumstances many people and I include myself there would like for the price to recover even if a little bit during the next days, but we need to face the reality and accept this will not happen, people are still in a state of panic and there are a lot of rumors circulating about the possibility of other exchanges having problems since the fall of FTX, and until people calm down there is no hope at all for a pump to happen.

For now, I'd like to see the fall continue for a while as I wait for the best price to buy. I have been waiting for a fall for a long time, but I confess that I did not expect that the fall could be so significant, and probably it would be possible to buy already, since yesterday it is clear that a reversal has begun, but I think that this may be a temporary increase and after that the fall will continue.
It seems that the price is moving between 15k and 16k and I expect this to remain true for some months, however I really think it is possible we are going to keep hearing about other exchanges being near a complete collapse, and this is because many people are scared about what it is happening and they are withdrawing their money from exchanges, and if those exchanges were in a bad shape before then it makes sense that after so much money is withdrawn they will face an even more difficult scenario and they could collapse at any moment.
FUDs can still be a big factor affecting the market trend. And as long as we are hearing negative issues, not only in exchanges but also in social media, we really expect more dump of price. However, it was not the thing we have to focus on but have to look for another opportunity while the bear market is dominating.
Reaching the price of Bitcoin to $10k is probably the worse scenario in this bear season. But I remain calm and enjoy watching the candle stick.
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