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Author Topic: THE CRYPTO MARKET IS SO RICH AND SATURATED  (Read 365 times)
slaman29
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January 29, 2021, 11:39:02 AM
 #21

OP must be nice to have that confidence but I have no more emotions (other than temporary day to day ones) about my crypto. I learned a lot from my mistakes (and also some gains) in the past. Now I just see it as another regular event, that I do want to be part of but will not spend big portions of my time or life to it.

I also think BTC will never see 25k again. But life is too short to bet on things like this:)

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January 30, 2021, 07:29:55 PM
 #22

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.

Everything that happens in the world of cryptocurrencies is fantastic. Many people are forced to earn money at home due to the pandemic. But that's great, more people are bidding and the dynamics of digital currency trading are increasing. Many people who want to invest are pushing coins to growth and active trading.

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January 30, 2021, 09:21:05 PM
 #23

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
The figures are growing, the volumes are growing, the users are growing, investments are growing and the number of liquid coins on exchanges is dropping, all these things are pointing to the fact that massive bull market is cooking up ahead and it is just a matter of time till we see intensity in the market.

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January 30, 2021, 09:39:08 PM
 #24

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
That is a huge confidence you can have until the market starts its correction, you need to understand that these institutional investors are purchasing bitcoin so that they could book the profit when they seem fit and once they book the profit the market will fall substantially and it will come down below $20k easily. It might not happen this month or in the coming months but by the end of the year i am expecting a big correction.
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January 31, 2021, 11:36:20 AM
 #25

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
That is a huge confidence you can have until the market starts its correction, you need to understand that these institutional investors are purchasing bitcoin so that they could book the profit when they seem fit and once they book the profit the market will fall substantially and it will come down below $20k easily. It might not happen this month or in the coming months but by the end of the year i am expecting a big correction.

Indeed, but still confident that it will reach another ATH this year, I guess after alt season.

As long as the pandemic is there, which is indeed a factor of the still progressing crypto, BTC will continue to strive higher and most probably not reach less than 28k.

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September 30, 2021, 12:05:14 PM
 #26

I also agree with what you said because in 2021 I saw more support coming in cryptocurrency and liquidity this year is also very large compared to the previous year, it indicates that if more people come, I am sure that bitcoin will develop even more in the future
It is estimated that the addition of investors' assets to crypto is likely to provide more liquidity for bitcoin at least 5% of the current assets. meaning, the volume of bitcoin investors will increase by 5% in the next few years to the next 1-2 years.

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September 30, 2021, 03:06:54 PM
 #27

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I absolutely agree with you. I also consider Bitcoin to have become an integral part of our modern economy, so I am sure that it can't disappear or depreciate. Many people are aware of Blockchain technologies. They invest in crypto market and also use it for business. I believe that people will use Blockchain technologies more in the future as they are more convenient and trustfull than traditional finance system.

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September 30, 2021, 03:51:31 PM
 #28

I also agree with what you said because in 2021 I saw more support coming in cryptocurrency and liquidity this year is also very large compared to the previous year, it indicates that if more people come, I am sure that bitcoin will develop even more in the future
It is estimated that the addition of investors' assets to crypto is likely to provide more liquidity for bitcoin at least 5% of the current assets. meaning, the volume of bitcoin investors will increase by 5% in the next few years to the next 1-2 years.

It can grow more than just 5% if checking in the rate of adoption. The increase will be more in very new converts not just the old investors making another come back. The new converts are going to blow up the market chain so rapidly because as new comers they will invest hugely because of the adoption of their countries. I can be sure the volume increase will go far above the 5% you predicted.

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September 30, 2021, 04:19:35 PM
 #29

And some people are holding on to the dream that btc will crash to 20k - 25k in this period, so every little dip that occur in the market they will be hoping for a crash that may never come, btc already past that level where it can crash to that low, too many good things happening in crypto space now enough to sustain the price and prevent it from falling so low, now it can only grow more higher.

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September 30, 2021, 06:49:20 PM
 #30

May be true but however this is crypto. Volatility is its watch word and I can vouch some fickle event can send prices tumbling or crashing. It happens and it can happen. These whales may try to enter a different market like DeFi and leave Bitcoin altogether, thereby dumping its price and starting another panic sell cycle
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September 30, 2021, 09:17:18 PM
 #31

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I absolutely agree with you. I also consider Bitcoin to have become an integral part of our modern economy, so I am sure that it can't disappear or depreciate. Many people are aware of Blockchain technologies. They invest in crypto market and also use it for business. I believe that people will use Blockchain technologies more in the future as they are more convenient and trustfull than traditional finance system.
Obviously it can't disappear but it could totally depreciate if we are not careful. Many things in life that seemed like integral part of our lives became obsolete in the past, technology of today that looks awesome may look like it is a funny thing in 20-30-50 years. Remember how 128 mb ram was a HUGE deal, hell 16 mb ram was a huge deal, nowadays we have 8 gb ram and we do not like it, 32 gb ram is what we really want.

So all in all I wouldn't really be shocked if bitcoin looks like an amazing thing now, but can't be as funny as 16 mb ram in 50 years. So, this is why we need to make it keep improving otherwise it will look like an old tech and the value will keep dropping while some other better thing comes out and takes its place.
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September 30, 2021, 09:33:26 PM
 #32

Institutional investors eat some of the bitcoins mined by miners to sell in the market. That provision does not put pressure on the market. But BTC has received the unwavering support that bitcoin has received from several institutional investors rebuilding huge accounts for the market. This also has a huge impact on altcoins as the Bitcoin calculation goes up so strongly with BTC's influence becoming more and more sizable in the market and BTC positions ever higher.

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September 30, 2021, 11:59:13 PM
 #33

And some people are holding on to the dream that btc will crash to 20k - 25k in this period, so every little dip that occur in the market they will be hoping for a crash that may never come, btc already past that level where it can crash to that low, too many good things happening in crypto space now enough to sustain the price and prevent it from falling so low, now it can only grow more higher.
We are on our way almost reaching the bitcoin's new all time high but if there will be sudden crash in crypto, then the market value will drop again. But i don't think we will reach to that point of returning into the price range of $20k-$25k. That will be a long waiting game. And i don't think it will still be possible in the years to follow.

However, the market is rich and saturated so whatever circumstances that may happen along the way, it will never stay in dips but will always recover and moves forward because that will be its trend, to keep on increasing not just for their value alone for the adoption too.

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October 01, 2021, 12:46:47 AM
 #34

May be true but however this is crypto. Volatility is its watch word and I can vouch some fickle event can send prices tumbling or crashing. It happens and it can happen. These whales may try to enter a different market like DeFi and leave Bitcoin altogether, thereby dumping its price and starting another panic sell cycle
Yep, cryptocurrency having high volatility is already given. But what OP means is with this current volume of cryptocurrency, especially Bitcoin. The downside for Bitcoin is not so critical like falling below $20,000 anymore. I also believe since we are now different, volume is already high compare to before when we reach an all-time-high of around $19,000 and dumped for more than 70% before climbing up again.

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October 01, 2021, 01:25:06 AM
 #35

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.

never been so sure in crypto because anything could happen, i've also at the point when i'm too sure about coin that i hold and hold it not putting any stop loss but ended losing 80% value.
Eventhough the crypto marketcap already has a huge volume, we know any FUD or bad news could have a big impact for crypto and as a crypto investors we must always up to date with the information about crypto space.
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October 01, 2021, 04:59:17 AM
 #36

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I'm a native English speaker and I am having difficulty understanding your question, could you rephrase it? Are you worried about the prices of cryptos going down? If you farm on platforms like SpookySwap, Ubeswap, Pancakeswap, Ref Finance, it doesn't matter what the price of crypto does, you earn farming rewards and profit even in a red market. I don't know if that answered the question though because I didn't understand it.
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October 01, 2021, 05:16:19 AM
 #37

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency.
I told my friend that 2021 will not be able to buy BTC under $20,000.
Although a lot has happened to the market, what we are seeing is undeniable.

i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
Don't be so sure about everything in this market, it's better to just sit back and see how it plays out. 
I know many big investors who have started to enter this market, and they cannot just stop at a low profit or loss.

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kryptqnick
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October 01, 2021, 10:35:04 AM
 #38

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I agree with you that the market seems stronger than ever. There are still some manipulations that affect the price, but this happens temporarily, and the effect is way smaller than it used to be a few years ago. I also don't think we'll see the price below $20k ever again. As for the crypto market being saturated, I'm not so sure. Bitcoin still holds a very strong market capitalization dominance of 40% (just like in 2017), and Ethereum takes up another 18% of the market. Then there are thousands of altcoins, but they all take up very small bits. There are many options on the market, but it's largely dominated by a few big names than widely diversified.

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October 01, 2021, 09:43:51 PM
 #39

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I agree with you that the market seems stronger than ever. There are still some manipulations that affect the price, but this happens temporarily, and the effect is way smaller than it used to be a few years ago. I also don't think we'll see the price below $20k ever again. As for the crypto market being saturated, I'm not so sure. Bitcoin still holds a very strong market capitalization dominance of 40% (just like in 2017), and Ethereum takes up another 18% of the market. Then there are thousands of altcoins, but they all take up very small bits. There are many options on the market, but it's largely dominated by a few big names than widely diversified.
Manipulations will always be there, we can't stop them from existing, all we can do is ignore them. Prices will go up and down out of nowhere for no reason at all and we will have to learn to live with them, that is all we can do, just learn how you could ignore them. However if we could keep ignoring them, then we are going to make a lot of money as well, because in the end we all know that we will not be losing money from crypto if we could ignore whales and their manipulations and stay for long term.

Crypto has been the best thing ever against inflation and if you have money in crypto that means you worth more right now than what you worth last year around the same time, even after the drop from 64k this is still a true statement.

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October 01, 2021, 10:25:41 PM
 #40

And the market is going to continue growing. It's started the year with a huge success and we're seeing how it will go for the next years even a bear market comes.

There's so much to see with the top cryptocurrencies and that's why it's best to choose what you're betting in as you hold.

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