Maybe the crypto market will never take off!

[krishnaverma]

If you feel like this, you should make an exit. There is no point in just to keep thinking about all day without making any decision. So you can sell all your holding and then focus on something you are more confident on.

For me, I have invested only the amount that I can afford to loose. I believe that if an investor has some patience, he will never be in loss in crypto.

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[Eijrafarm]

There are many reasons why this market will never amount to anything: The list goes on and on!
Is it time to sell and get out of the market?
Just look at a graph of the Bitcoin since it started. It is not the graph of something that is successful! It is the graph of a failed project: Don’t look at price think about popularity!
Price: Tether manipulated price and the prices were not organic. Wake up bitches the market is trying to correct to its true value. That is why it keeps going DOWN!

I think you are right mate. It has already started to be a bit complicated in the present days. We know that it is not a normal dip that is occurring. Prices are down without any large reason and the maybe in the thing you are saying now.

[askmecrypto]

There are many reasons why this market will never amount to anything: The list goes on and on!
Is it time to sell and get out of the market?
Just look at a graph of the Bitcoin since it started. It is not the graph of something that is successful! It is the graph of a failed project: Don’t look at price think about popularity!
Price: Tether manipulated price and the prices were not organic. Wake up bitches the market is trying to correct to its true value. That is why it keeps going DOWN!

I would first like to understand your entry point in bitcoin, are you here since 2013 or before? If Yes, there is no way you can call the chart as failed one. The chart has followed the similar pattern every year and its following the same again.
People thought of cryptocurrency as a quick means to earn and thats where they failed. They bought high above 19K USD value and are talking the exact same way you are doing right now.
If you compare over yearly chart, we are still 100 times above of what we were 2-3 years back.

So just stop spreading the FUD cause you entered high and keep patience.

[kelincrad]

Friends that for negative??? when you were little, you learned to walk. Dropped out and just got up and walked on. And You had no idea that maybe I won't get up and I won't walk! This is all done specifically to drive the weak link out of this market. And continue to grow with strong people. Who believes and does everything for growth.

[ici_lemmy]

this is really a poor view. you have to research carefully before giving opinion. The reason for the falling down of BTC is the FUD and the dump of whales and sharks. Most information in the market now are good. So, believe me! the price will recover soon

[kapalmabur]

this is really a poor view. you have to research carefully before giving opinion. The reason for the falling down of BTC is the FUD and the dump of whales and sharks. Most information in the market now are good. So, believe me! the price will recover soon

exactly, this is a transition process for the transfer of funds from big investors,
for that is if all this is done then the price will surely soar again

[MiF]

this is really a poor view. you have to research carefully before giving opinion. The reason for the falling down of BTC is the FUD and the dump of whales and sharks. Most information in the market now are good. So, believe me! the price will recover soon

exactly, this is a transition process for the transfer of funds from big investors,
for that is if all this is done then the price will surely soar again

Indeed mate, hopefully huge investors will be more eager to entrust their funds to crypto so that we'll be able to experience great price ever in crypto. People will be more interesting with trading, which could help the crypto world gain back its momentum again. In order for us to stay focus on our motivations, stop reading media false speculations but prefer go on vacation together with loved ones.

[Bitcoin_Makers]

If you can continue the list of why the crypto currency market will not rise, then why did not you bring at least some plausible arguments? The crypto-currency market is only beginning and everything is just beginning. What end are you talking about?

[crenfrosck]

Nothing lasts forever and neither will this correction. The crazy bull run was controlled by few people without any doubt. Since then, we are going lower and lower. Will it stop? I think so. It seems like many people that have invested into crypto have no other experience with doing it and they are doing more mistakes. FOMO and FUD are strongly influencing traders. On the other hand, even after 10 years, it is just the beginning. Give it some time and we will be hopefully really surprised (positively, of course)  .

[kwabeedat]

Wow, it's surprising to see such a comment/post here. What you're saying means you're a freshman in bitcoin prices. For your information, Bitcoin didn't start from $20k but it shot up to that as the highest price ever. Also, note that, the current price of Bitcoin is higher than a year ago.

[paxmao]

Or most likely it will. We just need to wait a bit for the dust to settle and for the regulatory framework to become more clear to see healthy growth.

[davidzai]

I think the major problem that pulling the current market down is because the huge mining power that supporting the BTC network. According to statistic shown in https://blockchain.info/stats, last 24 hours, the total hashrate reported was 38,805,395 TH/s, 158 block was mined and 1975 BTC was generated within 24 hours.

1975 BTC x 6500 USD = 12,837,500 USD in value

Assuming all the BTC mining unit used was 13.5TH.

According to https://whattomine.com/

For the past 24 hours
Revenue per 13.5 TH/s for BTC was 4.53 USD
Net profit after deduction of electricity was 1.24 USD

* if the cost of electricity 0.1 USD /kWh without taking into account those cooling system needed for the mining farm.

The revenue is just 27.37% per 13.5TH/s after minus off the power cost.

Therefore, in order for the majority miner to survive, they will have to sell off some of their coins to pay the power cost. So the market will need 9.32 mil (USD) of new funds to maintain the market price.

To me it really need main stream adoption in order to bring BTC price to next level. I believe in the technology, but we need huge buying volume to move the price up.



Donate BTC  : 1MrQcaVf1MWABRsSy5wBi4ZysiSZPX5ayo

Thank you.

[AlisaWhishie]

If you have worries like this, then just stop thinking about the price and look around, there are so many things to do apart from complaining about the price and counting days before its flight to the moon. Educate yourself. Watch lectures about blockchain. Learn how to write smart contracts. Find projects that are attractive for you not only as an investment, but as something that can change the world. There is something besides the price.
If it doesn't help, and the truth is you're here only for easy money, then it would be better for you to leave crypto.

[Baoo]

Well, maybe your pessimistic thinking will never end. Plus, despite that, this widespread drop in the whole market and especially for Bitcoin is continued for a long time and during this period the situation is worse than before, because the current price of Bitcoin in a big decline, but it is sure that those problems which led to this big crisis well resolved in the near future.

In fact, it is true that this period is difficult for everyone , but  let's be positive and stop the pessimistic thinking because it is certain that Bitcoin will back more stronger  than before. You must take athe appropriate decision in this bad  situation, and then be patient, and HODL all your budget especially in the best cryotcurrencies like, Ethereum, Bitcoin, Ripple.

[felipe04]

crypto is unpredictable so overthink only kill yourself so just move forward

invest the affordable for you and just hold it always then plan again to risk

we have everything here so good or bad don't give up in cryptocurrency

[Gekkoo]

Everything is possible in the crypto and we can not deny the possibility of not succeeding and certainly we should not doubt it. On the other hand since the beginning and analyzing the price in general, is there any reason not to believe in the success of crypto? Anyway, down times always exist and will always exist, this is natural of the market.

[Primal6666]

There are many reasons why this market will never amount to anything: The list goes on and on!
Is it time to sell and get out of the market?
Just look at a graph of the Bitcoin since it started. It is not the graph of something that is successful! It is the graph of a failed project: Don’t look at price think about popularity!
Price: Tether manipulated price and the prices were not organic. Wake up bitches the market is trying to correct to its true value. That is why it keeps going DOWN!

You are right, you need to get out of the market and never come back here. If you could not understand that the sharp collapse was due to excessive growth and, as a result, interest from the state authorities and their desire to regulate the market, as well as increased interest from scammers. The graph looks, like it should look, in the current situation.

[deepcryptomine]

There are many reasons why this market will never amount to anything: The list goes on and on!
Is it time to sell and get out of the market?
Just look at a graph of the Bitcoin since it started. It is not the graph of something that is successful! It is the graph of a failed project: Don’t look at price think about popularity!
Price: Tether manipulated price and the prices were not organic. Wake up bitches the market is trying to correct to its true value. That is why it keeps going DOWN!

It depends on which duration of the graph you are looking at whether past one week, one month, one year, 5 year or since the beginning. This correction was necessary.

[the13thsymphony]

The main problem here is that the market is flooded by inexperienced traders and investors that reacts to every price changes that happens in the market that is why in return they are easily manipulated by whales and pump and dump groups. I would suggest that instead of bad mouthing the crypto market with negativity we should teach the new investors and traders on how the market works and how they should strategize yo get their earnings and contribute in the community.

[CryptoDouche]

If you don't believe in something then obviously you shouldn't invest your money in it. However some cryptos like AMB are already taking off with partnerships and tracking products for multi billion dollar companies.