ilovealtcoins
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SmartFi - EARN, LEND & TRADE
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April 19, 2021, 01:09:44 PM |
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To conclude a bear market after two days of decline is unreasonable. We see the market going up steadily for several months, so it is normal to adjust the price for a few weeks. Today, a lot of bitcoins are exported from exchanges. This also means that people's demand for bitcoin has yet to decrease. I believe that bitcoin will soon return to growth in May and June.
If bitcoin will continue to dump in the next days, i must say this might be the start of its bear season. There's no need to worry actually because we know the potentials of bitcoin and expect that it will soon rise again with a new heights. Btc are dumping. This will give us opportunities especially for newly investors to start buying them while the price is cheap. The truth is that about 10,000 Bitcoins were taken out of exchanges during the Bitcoin price drop. Today I saw a rebound in Bitcoin along with other altcoins in the market. This is good when this price drop is similar to the previous one, Bitcoin's price drop is an opportunity to bottom out. As long as Bitcoin is scarce on exchanges, its value still has a chance to increase.
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milewilda
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April 19, 2021, 01:48:07 PM |
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Bitcoin 15%- the major cypto -25% and tomorrow will be 30%- massive hit comming. You will see at 6 am when you wake up. We enter a bear market now. I expected it to last longer but this is the end,
This the beauity of crypto is unpredictable. I am in 15k I don't sell anything and don't feel anything.
When you are just new into this market then you would easily freak out when you do see drops of -10% to -15% a day or a short span of time.Also, if you do try to look into the prices again then its already starting to cling up once again which a usual thing that do happen from time to time.Corrections then Recovery and as a trader or investor then you should really be wise on making out your positions for you to make profits or income out of these movements or volatility.This is what of the most common reason on why people do really love to deal with it.
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ChiBitCTy
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April 19, 2021, 02:06:55 PM |
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These kinds of posts are quite funny. Normally made by brand new accounts and our spouting out some sort of "sounding the alarm" type post, when in actuality they have no clue what's really going to happen moving forward. You provide no numbers/no proof , no nothing behind your claim. How are you so lucky that you know all this info and others dont?
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decodx
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April 19, 2021, 02:43:13 PM |
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These kinds of posts are quite funny. Normally made by brand new accounts and our spouting out some sort of "sounding the alarm" type post, when in actuality they have no clue what's really going to happen moving forward. You provide no numbers/no proof , no nothing behind your claim. How are you so lucky that you know all this info and others dont?
A glaring example of a shitty poster. Not only does he open one stupid topic with a trashy statement but no real argument, but he then opens another stupid topic with almost identical content. If we enter a bear market how long it will last?And it was so close that we'll never see him again... Stil NOBODY COMMENT i WILL LEAVE THIS FORUM!
Well, turds on a man who doesn't keep his promises.
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isaac_clarke22
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April 19, 2021, 02:48:08 PM |
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Well it is an opportunity to buy, not an opportunity to panic, people. Regardless just hodl, everyone. Don't let whales take your money just because you think the market doesn't go into your favor.
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Trixoempire (OP)
Jr. Member
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Activity: 87
Merit: 1
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April 23, 2021, 02:06:55 AM |
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I predicted this. You guys ain't listen .
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UnDerDoG81
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Merit: 1201
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April 23, 2021, 05:38:43 AM |
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LOL. Hilarious how new accounts push FUD every time we have a drop.
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jerrison
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April 23, 2021, 09:13:49 AM |
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It looks like a bear market is in sight. I have since expected this retracement in price but its retracement levels will determine whether or not we have seen the bear market season. I have decided to look towards my instincts as we have seen by the price actions within the last 24 hours. Bitcoin 15%- the major cypto -25% and tomorrow will be 30%- massive hit comming. You will see at 6 am when you wake up. We enter a bear market now. I expected it to last longer but this is the end,
This the beauity of crypto is unpredictable. I am in 15k I don't sell anything and don't feel anything.
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arwin100
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April 23, 2021, 10:05:29 AM |
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LOL. Hilarious how new accounts push FUD every time we have a drop.
Fuds are normal as other want to see more dip so that they can accumulate at more cheaper price and looks lik3 fud spreading is not done yet as the the market is so bloody today, let see how it go today since if the price countinuously drop we might see the price hit at 30k$ price level.
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South Park
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April 23, 2021, 04:16:12 PM |
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Seriously, do we need a new "we entered bear market" topic every time that we see 10-15% correction? I thought by now people won't even twitch at these price movements (I know I didn't) and these kind of corrections as we have seen those so many times before.
In short, nothing out of extraordinary happened. Some people took out the profit and we will see attack on the new all time high soon. As simple as that.
What happens is that while people like you and me that have been in the market for a long time what we are seeing is nothing special, for the people that have been part of this market since the pandemic started this is completely new, they have been spoiled by bitcoin as it seemed it will always go up and now they are worried because it is becoming obvious to them this is not always the case, anyway let people complain as that is the only way in which they can actually learn.
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thecodebear
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April 23, 2021, 04:26:29 PM |
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Bitcoin 15%- the major cypto -25% and tomorrow will be 30%- massive hit comming. You will see at 6 am when you wake up. We enter a bear market now. I expected it to last longer but this is the end,
This the beauity of crypto is unpredictable. I am in 15k I don't sell anything and don't feel anything.
lol you think this is a bear market? Must've not been around here long. This is just another step in the long term bull market. Market is starting to look very healthy for continued upward movement in the coming months, far healthier than it looks a couple months ago.
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fullhdpixel
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April 23, 2021, 04:42:10 PM |
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This is just another step in the long term bull market. Market is starting to look very healthy for continued upward movement in the coming months, far healthier than it looks a couple months ago.
I agree, nothing to worry about at this point. Even it is more than 20% correction, market is still showing good volume across all exchanges. I like your way of being optimistic because even I am too confident about continuation of bull run from here, honestly I could not express that like you. I know how bitcoin market do behave but that is only up to my intuition level because when someone doubting about future of bitcoins, mostly I go wordless or simply do suggest to make use of dips and nothing more.
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mrjoy15
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April 23, 2021, 04:52:35 PM |
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Bitcoin 15%- the major cypto -25% and tomorrow will be 30%- massive hit comming. You will see at 6 am when you wake up. We enter a bear market now. I expected it to last longer but this is the end,
This the beauity of crypto is unpredictable. I am in 15k I don't sell anything and don't feel anything.
lol you think this is a bear market? Must've not been around here long. This is just another step in the long term bull market. Market is starting to look very healthy for continued upward movement in the coming months, far healthier than it looks a couple months ago. Absolutely, it's true also some people will never learn on previous history. It's really sad that mostly newbies get caught in these traps. Market is still technically in a consolidation, and will surge up shortly. I'm still holding my portfolio, will make a visit once everything turning green. That's my tactic.
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STT
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April 23, 2021, 05:01:03 PM Last edit: June 12, 2023, 01:24:46 AM by STT |
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Wider market has been pulling back, not sure its more serious then that. Bear market can be called for any move more then 20% from the top but that happens really often with crypto so I dont know that idea especially carries over. Bottom prices now are in line with an initial trend downwards, that is we have slowed previously the rate of descent while continuing down. Now the market has decided not to resume that harsher rate of sell its some slight bullish sign and if we hold that buying may accumulate some. Just this moment its trading above a 12hr average, try 50500 for an area to hold as a low and price action may be positively developing.
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Rikafip
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April 23, 2021, 08:40:47 PM |
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What happens is that while people like you and me that have been in the market for a long time what we are seeing is nothing special, for the people that have been part of this market since the pandemic started this is completely new, they have been spoiled by bitcoin as it seemed it will always go up and now they are worried because it is becoming obvious to them this is not always the case, anyway let people complain as that is the only way in which they can actually learn.
True, they way we look a corrections like this is just a matter of experience, and it can indeed be frightening for someone who thinks hat he lost 20-30% of his portfolio after months of constant growth where it looked like you can't make a wrong move. If I remember correctly there 5 similar corrections during 2017 bull run, and so far this year I think that we experienced two or three. So a least few more ahead, if we are basing it on previous bull run, which may be completely different as market is more mature imho.
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CaVO32
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April 23, 2021, 10:38:33 PM |
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This is just another step in the long term bull market. Market is starting to look very healthy for continued upward movement in the coming months, far healthier than it looks a couple months ago.
I agree, nothing to worry about at this point. Even it is more than 20% correction, market is still showing good volume across all exchanges. I like your way of being optimistic because even I am too confident about continuation of bull run from here, honestly I could not express that like you. I know how bitcoin market do behave but that is only up to my intuition level because when someone doubting about future of bitcoins, mostly I go wordless or simply do suggest to make use of dips and nothing more. I believe those who are in panic mode today are those newcomers who bought bitcoin at a much higher price. They thought it will continuously increase, but this kind of correction is also needed to have a healthy market. We can't expect to have upward movement all the time, so expect there will be drop along the way. For those long timers, this is just another part of the up and down movement in the market. Nothing much to be afraid of. Those who will panic and sell at a loss will be the loser in this market. Let us see..
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Hippocrypto
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April 23, 2021, 10:50:36 PM |
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Bitcoin 15%- the major cypto -25% and tomorrow will be 30%- massive hit comming. You will see at 6 am when you wake up. We enter a bear market now. I expected it to last longer but this is the end,
This the beauity of crypto is unpredictable. I am in 15k I don't sell anything and don't feel anything.
I don't think that your expectations would be possible, we aren't at bear market yet because the price still recovers quickly after falling. That's just a minor crash, many traders took their gains for the main time and eventually buy back when they've notice a cheaper price. They wouldn't sell all of their holdings as long as they hit their predicted price, and it's not yet possible to see $15k or below this year, maybe 5 years to go.
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Xinarae*
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April 23, 2021, 10:59:47 PM |
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After the onset of the epidemic the price of coins fell sharply due to the impact of whales in the market but at the current rate at which bulls are running there is nothing to panic about if we go ahead and think so confidently and positively about the market there will be something good in the market. But if the market corrects upwards if you buy the currencies you will fall into loss if the price goes down even if the bull market continues it is better to keep it down if the price goes down.
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BuNga_cute
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April 23, 2021, 11:10:43 PM |
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Bitcoin 15%- the major cypto -25% and tomorrow will be 30%- massive hit comming. You will see at 6 am when you wake up. We enter a bear market now. I expected it to last longer but this is the end,
This the beauity of crypto is unpredictable. I am in 15k I don't sell anything and don't feel anything.
I don't think that your expectations would be possible, we aren't at bear market yet because the price still recovers quickly after falling. That's just a minor crash, many traders took their gains for the main time and eventually buy back when they've notice a cheaper price. They wouldn't sell all of their holdings as long as they hit their predicted price, and it's not yet possible to see $15k or below this year, maybe 5 years to go. As you said Bitcoin price started to recover quickly, so there's no need to worry or panic. And as long as Bitcoin is still back at its current $ 50k price, it is not quite right to say it is entering a bear market. I also believe some investors are starting to buy back, because the price is now the right time to buy back Bitcoin. I also sold my partially Bitcoin for $ 61k, now planning to buy back Bitcoin. Because I believe that in the near future Bitcoin will quickly return to above the price of $ 60k again.
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totaleclipseofthebank
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April 23, 2021, 11:18:41 PM |
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This is a clear sight that we are entering the bear market. Bitcoin has just dropped for another $2000 after its huge bottom. The big sell-off has triggered chain effects, causing thousand of investors run away in FOMO. Many of relatives who are not F1 investors decide to sell their bitcoin without hesitation and accepting the loss.
But I kindly see this drop as a big correction rather than a true bear. We only in a bull for less than a year and there will be another wave for the bull
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