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Author Topic: bull market and market news its a end of the crypto or whats wrong?  (Read 398 times)
beerlover
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September 25, 2020, 04:03:23 AM
 #21

is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?

like it was year  2017  when it will work again like 2017`?  
Market is acting as normal as it can get during a period like this, there is nothing normal going on in the world right now so to say that market is not normal would be weird because nothing is so why should the market be?

This means if you saw all the "new normal" type of talks in the world where everyone goes around in masks, thousands die in the world everyday and so forth, you will realize that market is actually quite good, it is doing much better than expected if you ask me, this is why nobody should be worried about it. Just calm down and wait for all of this to be over and you will realize that bitcoin and all other cryptos are still far better investment than other options who gets affected by these things more and also quicker, and recovers a lot slower.

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September 25, 2020, 05:13:10 AM
 #22

is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?

You spoke too soon, the market has rebounded again, as high as $10700. So you don't need to panic or something. The last couple of dips are just normal, traders sell their coins to make profit, simply as that. And you have to understand the dynamics as well. News like stock market going down may have an impact to us as all markets are correlated to each other.

like it was year  2017  when it will work again like 2017`? 

Unfortunately, no one here has the crystal ball to predict what will be the future price. It's either you hold and wait till we have another all time high, or continue to trade and make profits here and there.

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September 25, 2020, 05:44:37 AM
 #23

Have you seen the news lately? If you haven't, then your missing out. Right now, there are fears about a second wave of covid-19 coming as the number of daily cases are hitting new highs on daily basis. The market crash started with stocks and gold before extending to Bitcoin and the entire crypto market. If it turns out it's actually a second covid-19 wave, we might see much more lower prices. Don't forget there's also a CME gap around $9.6K to $9.8K so a lot of people are keeping and eye so much that it might turn out to be a self-fulfilling prophecy since everyone is more bearish now than bullish.

The crypto market will definitely rise and reach a $1 trillion marketcap at some point but we'll need mass adoption and more people to get aboard and join the revolution.
I don't see as many cases as before, have you read it wrong?
only countries with messy economies have more cases such as India and Mexico, but other countries have very low new infections. Everything seems to be well controlled and there is no sign of a 2nd outbreak. Here is the link that you can check: https://www.worldometers.info/coronavirus/#countries
I think the problem recently is the political developments in America. The competition for the presidency in America was intensifying and that caused chaos.


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September 25, 2020, 06:35:32 AM
 #24

Bitcoin is still in uptrend market, you can see on the chart and you can full the trend line in one day weekly time frame. It means, we don't need to worry the 2017 event will happen again. It is just a healthy correction because in a few months ago bitcoin has showed us a significant uptrend due to the corona virus out break.

Even, I just thinking that the price right now is the best time to buy, yeah for those who ask when a good time buy then it is now. The economic situation in all countries will give a sligtly effect for the bitcoin price movement, although the economic situation run normally bitcoin will still in a good trend. Because there will be many people who interested to store money for the saving purpose in it.
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September 25, 2020, 06:40:50 AM
 #25

Bitcoin is still in uptrend market, you can see on the chart and you can full the trend line in one day weekly time frame. It means, we don't need to worry the 2017 event will happen again. It is just a healthy correction because in a few months ago bitcoin has showed us a significant uptrend due to the corona virus out break.
I know OP sees that but maybe he was just seeing a possible scenario that the market would dump again which is not impossible to happen.
After the 2017 bull run, the market starts to bleed until bitcoin even drop to $3,000, but look where we are now? we are back in double digit, so why panic.

Even, I just thinking that the price right now is the best time to buy, yeah for those who ask when a good time buy then it is now. The economic situation in all countries will give a sligtly effect for the bitcoin price movement, although the economic situation run normally bitcoin will still in a good trend. Because there will be many people who interested to store money for the saving purpose in it.
Consider it an opportunity if you are looking for long term but if you are not, then I suggest you wait until the price will dump a bit, I think it will dump below $10,000 again and that's the right timing.

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September 25, 2020, 07:06:50 AM
 #26

I don't think crypto will crash, because if we analyze Bitcoin movement is quite stable by moving in the price of $ 10,200 - $ 11,000.
So in my view the market is still normal and there is nothing to worry about. The most important thing is to collect top cryptocurrencies
from now on, so when the market is suddenly bullish we can take profit. All cryptocurrency holders want the 2017 market to repeat itself,
and I believe it will.But no one knows when it will happen, we have to be patient if we want the market to return to the way it was in 2017.

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September 25, 2020, 07:37:08 AM
 #27

I believe that the crypto market will rise a lot but it requires patience looking at 2017 a lot can be realized the market will return to its place but it will take time it is very difficult to say when the crypto market will be stable or will be bullish. But now is a good time to invest prices have come down a lot the impact of the economic situation did not come after bitcoin hopefully the price will increase a lot in the future.
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September 25, 2020, 10:29:55 AM
 #28

I believe that the crypto market will rise a lot but it requires patience looking at 2017 a lot can be realized the market will return to its place but it will take time it is very difficult to say when the crypto market will be stable or will be bullish.
We are still bullish in 2020 even though the price dip at the $3k line because of the pandemic, we are like close to 50% up by this year, so that's something to cheer about. I understand the OP's concern, perhaps he is really new in the ecosystem and wanted to see the price hitting new highs every time. But it is not the case. 2017 was a different time, wherein everyone was excited about crypto.

And now it seems that we have matured and understand how it works. There could be manipulations, news affecting the market and other externals. So it's better to see a gradual increase and not artificial pumped.



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September 25, 2020, 04:26:42 PM
 #29

People get excited or fear or basically just have emotions about every single move market makes, which I got accustomed to these days, even if it is not a big deal they still do it because that is human nature and if bitcoin goes from 11k to 10k that means bitcoin is over and done and nobody will ever use it but if it goes from 10k to 11k it means bitcoin will be a million dollars and we are all going to be billionaires, these reactions are funny and idiotic but I am used to them.

Now, we are going to have to deal with people who overreact to market not making a move as well? Look I get the moving ones, they are afraid, but now we deal with bitcoin not moving higher as well? That is really my limit, I am sure I will get used to this one day but I really hope before I do that, these people stop, it makes NO sense.

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September 25, 2020, 06:28:08 PM
 #30

is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?

like it was year  2017  when it will work again like 2017`? 
Nobody is sure about  bull run occurring any time soon, it might be taking long time with everything that has been happening.
I strongly believed that there was going to be a bull run immediately after the last Bitcoin Halving , because the hype then was too much. Then coronavirus came out from nowhere and killed the dreams of having a bull run.

The price seemed it was going to recover, but then it dropped back. As of now a lot of people are talking about a second wave of the coronavirus, and what’s going to happen then. But I don’t want to believe that the government is ready to put another restrictions, cause most economies now are dying.

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September 25, 2020, 09:19:46 PM
 #31

is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?

like it was year  2017  when it will work again like 2017`? 
No offence but if you wanted to have the chance of making money like in 2017 then you should have invested in 2017, this is 2020 and no one knows how the market will move, everything can happen, we could get a bull market at the end of the year but we could also see a collapse of the DeFi market caused by scammers or a collapse of markets in general including the stock market as a second wave of the virus becomes apparent and impossible to ignore, just stop trying to make the market to behave as you want because that is never going to happen since you are the one that needs to adapt if you want to make money on the markets.

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September 25, 2020, 09:33:51 PM
 #32

Choas is a market characteristic. You better get used to it and look for opportunities to make the best off it.
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September 25, 2020, 09:42:35 PM
 #33

is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?

like it was year  2017  when it will work again like 2017`? 
The crashed was inevitable because of cryptocurrency volatility which we have lived with since inception. Though the cryptocurrency industry is Still very much young, and we waiting for sometimes to have a stable market in future. 2017 was a year of it owns that shouldn't be compared to 2020. The market still growing and expert have been on the opinion that 2020 will end in grand star, so, let wait for the bull-time if going by expert prediction.

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September 25, 2020, 10:40:41 PM
 #34

is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?

like it was year  2017  when it will work again like 2017`? 
There’s no crash coming because we are not able to reach the peak this time and its normal to see corrections while we are aiming to create a new peak.

2017 becomes our basis of a good market while in fact we are able to survive from the bottom prices which makes this market more stronger than before and if you look at the numbers, we are way better and more stable. The pump will still come, in perfect time when everybody knows bitcoin and used it for their transactions.

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September 26, 2020, 02:08:37 AM
 #35

Crash or not, anything could happen. If we base it solely on history and compare it here, then BTC would reach an ATH and then crash after that, but that's way too much of a comfortable analysis no? There are still various factors to take into account, and saying that the same would happen 4 years after is difficult to determine. Just wait, a crash or an ATH would have precursors, and if you join in even midway, you'd still profit imo.

Have you seen the news lately? If you haven't, then your missing out. Right now, there are fears about a second wave of covid-19 coming as the number of daily cases are hitting new highs on daily basis. The market crash started with stocks and gold before extending to Bitcoin and the entire crypto market. If it turns out it's actually a second covid-19 wave, we might see much more lower prices.
An outbreak would most likely not happen, since countries already experienced it once, they'd be prepared for another one and would drastically reduce the effects since they know the procedures to follow. Even if they didn't follow it up properly, I'd like to think that the crash that happened in the first wave was due to panic, as you said, stocks suddenly started crashing so I think investors started thinking that Bitcoin would soon follow, but after months, Bitcoin has recovered quite well while stocks are still pretty down below. This should provide more than enough proof that the pandemic actually has minimal effect on Bitcoin itself.



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Sanitough
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September 26, 2020, 11:20:41 AM
 #36

is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?

like it was year  2017  when it will work again like 2017`? 
The market can't go pump without experiencing any dump because the market is volatile and many investors are playing good in the market. This is the normal scenario of the market so don't panic because we are on a normal situation. 2017 was a great year for cryptocurrency and I believe that we will experience that again in the coming years, no ones can tell the exact date but you have to trust the market and invest more on good projects.

We have experience a lot of dump already, last 2018 that was one of the worst year of crypto market as bitcoin dump so hard and some even thought bitcoin will die, it's just good to see that bitcoin is already bouncing back now and we should be thankful with that instead of making ourselves panic.

We will certainly see more pump and dump in the market, we should learn from the past and be ready to embrace that with our strategy.
bitcoinisbest
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September 26, 2020, 12:22:11 PM
 #37

I believe that the crypto market will rise a lot but it requires patience looking at 2017 a lot can be realized the market will return to its place but it will take time it is very difficult to say when the crypto market will be stable or will be bullish. But now is a good time to invest prices have come down a lot the impact of the economic situation did not come after bitcoin hopefully the price will increase a lot in the future.

Some of them think that its will rise quickly and they will be able to make money in no time. This is where during the high time they start investing it and when it crashes they lose money and then blame they say it is bubble or will fall drastically etc. Bitcoin has recovered well and time is a factor which needs to be accounted for. One should be ready to hold it and they will get back their price and profit as well if they had invested during the dips.
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September 26, 2020, 01:53:01 PM
 #38

I believe that the crypto market will rise a lot but it requires patience looking at 2017 a lot can be realized the market will return to its place but it will take time it is very difficult to say when the crypto market will be stable or will be bullish. But now is a good time to invest prices have come down a lot the impact of the economic situation did not come after bitcoin hopefully the price will increase a lot in the future.

Some of them think that its will rise quickly and they will be able to make money in no time. This is where during the high time they start investing it and when it crashes they lose money and then blame they say it is bubble or will fall drastically etc. Bitcoin has recovered well and time is a factor which needs to be accounted for. One should be ready to hold it and they will get back their price and profit as well if they had invested during the dips.
I believe that not earlier than in a year, that is, in the summer of 2021, one can expect real results from the cryptocurrency market, but not earlier. The current situation with the global economy contributes to the fact that most investors pay attention to cryptocurrencies as a more reliable asset for investment.

#business #forextrader #bitcoinnews #invest
semobo
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September 26, 2020, 04:02:16 PM
 #39

is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?

like it was year  2017  when it will work again like 2017`? 
Three question but all of them can be answered with on which is Nobody Knows/.

There is nothing wrong with the market either, the investors just aim to make profits in the short term only so the prices are not climbing above some point.
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September 26, 2020, 05:33:04 PM
 #40

is cryptocurrency other crash is coming?
or what is the problem that market cant act normally `?

like it was year  2017  when it will work again like 2017`? 
Three question but all of them can be answered with on which is Nobody Knows/.

There is nothing wrong with the market either, the investors just aim to make profits in the short term only so the prices are not climbing above some point.
Actually, the answer lies on the trend like the Bitcoin halving so next to that is the Bitcoin bull run but of course, before it gets to that point we will have to see the ups and downs like breaking the resistance. You will know when the market is going to go straight bull market is if a big drop going to happen then without noticing the market suddenly grow massively which means it's the bull run.

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