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Author Topic: Bitcoin and crypto is in trouble  (Read 601 times)
cryptoboss2020 (OP)
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May 22, 2021, 05:06:30 PM
 #21

Fed need to give out asap More stimulus.
If Not bear market is coming

And nobody Don't Want bear market.

So Here what the New York bankers together with fed and also biden should do.

Wait little crash  btc support to  30k Not lower then give out Other stimulus.
Also give out money to companies to invest in crypto.

So traders Will Stay on the game the bear market is Not Good for Healthy market Economy.


I Hope the fed Will act Fast and Help the Bitcoin Up Again.  
When did feds really started to care about pushing up the crypto market? Are we in 2030 or time when Bitcoin is being as normal transaction like fiat? This is not first time we are witnessing dips in bitcoin so why are taking so much care about it really.This dip was further supported by China banning Bitcoin related activities by financial companies.But we don't need to worry about it as it will get some institutional and retail support soon.

The previous $1200 stimulus check was given to support the residents for financial needs not to boost crypto market but it really didn't boost it afterall because only a few invested in crypto with Bitcoin being too investment.

See how stimulus check was used :



Only a little portion was allocated for crypto market and still we believe for further assistance.So stop day dreaming and try to contribute by not panic selling and holding inspite of any FUD as btc will recover soon as in the past.



IT Don't matter  usdt Can be minted of the total fed money supply and per Person who registered KYC. on crypto.

IT Ain't no matter wht u been told or what u think.
Things works different ways.

The money Will come instant once there is approved Transaction on fed wire system.

Instant reflection on USDT or USDC.  

All what IT takes is the approved Transaction and we Will see instant minting Transaction in BLOCCHAIN.


All You need is approved Transaction on  fed wire system.  The next few Hours youll know that USDC or USDT Will be minted*
We Don't need even to look at who invested in crypto who does not.

All what we need to know is just the approved Transaction in fed wire system.
Simple! 
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May 22, 2021, 05:17:02 PM
 #22

As I told previously, as long as BTC does not break the 40K zone then we can't say we are in a bear market. But seems last week it happened. To be honest this dump was expected since Bitcoin grow unexpectedly. On the other hand, all FUD news coming out at the same time like Tesla's decline to accept Bitcoin payments and China ban on mining and trading. However, what do you think why Bitcoin most popular in the crypto industry? Isn't volatility one of the main reason? If you say technical things then I will say most investors don't care about technology, they invest to get profit. It's their business, so don't worry about the current bear. Slowly traders will forget about FUD and the market will be recover as well.

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May 22, 2021, 05:44:29 PM
 #23

Look. I'm not going to be too pleased if this rally's over and we're headed right back into winter again.

But I'm not going to be too upset either. There was never a point I'd sell in this rally, not even a portion of it. So it doesn't change what I'd do now. It does seem like it might delay my target but on the other hand, gives me even more time to accumulate since my BTC target is far from ever being reached.

So we're not in trouble. If anything, this is a victory for the long game.

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cryptoboss2020 (OP)
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May 22, 2021, 06:14:19 PM
 #24

Are you hoping that bitcoin should now be constantly stimulated with packages from the federal reserve system? In the world, and so recently, trillions of unsecured candy wrappers have been printed. The machines work without stopping. This method of stimulating bitcoin is clearly expensive.

Bitcoin should be stimulated by the adoption and interest of investors, real investors, institutions, who will consider this asset not as a speculative platform, but as a means of preserving value for many years to come.

And what you are proposing is more likely to lead the market to an influx of speculators who, as soon as they buy bitcoins with money from incentives, will quickly throw it off. Their goal is to make quick money.

Well If the Money printing goes too wild well then there is always way that consumer prices can go higher.
But as long as fed Will Help to push Financial asset prices Up its all good.
By the time its all gona crash I Will be safe but now let me milk Money out of markets so that there Will be crisis I Don't care and IT not affecting me as I Don't need to worry about financially.

U know this thing Will pop up sooner or later so Let's just take it from this as much we can.
It Will be ugly but u know...  we know its gona end Up bad anyways instead of try to save Financial system Let's go hard so at least before the collapse its a beneficial.

As You know we all know it Will end Up all ugly way anyways.
So before it Will collapse lets just take it as much we could

Its like You know there is gold Treasury and the Earth quaquake Will come You wanna stack up gold and take it as much You could before it Will be destroyed all by the natural disaster.
No point to save it just let the printer go bbrrrrrrr
And get the Money and let it fall.
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May 22, 2021, 06:24:10 PM
 #25

As I told previously, as long as BTC does not break the 40K zone then we can't say we are in a bear market. But seems last week it happened. To be honest this dump was expected since Bitcoin grow unexpectedly. On the other hand, all FUD news coming out at the same time like Tesla's decline to accept Bitcoin payments and China ban on mining and trading. However, what do you think why Bitcoin most popular in the crypto industry? Isn't volatility one of the main reason? If you say technical things then I will say most investors don't care about technology, they invest to get profit. It's their business, so don't worry about the current bear. Slowly traders will forget about FUD and the market will be recover as well.

They just timed the FUD perfectly when the market retrace.  And as a result further price decline happen.  China always plays the big role crashing the market whenever Bitcoin comes surging.  As if China hates Bitcoin to soar high.  And I agree as time pass by Bitcoin market will slowly regain its momentum since FUD will die naturally as long as there is new good news and less bad news to shake the holders.

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DrearyUrbanite
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May 22, 2021, 11:40:12 PM
 #26

This is not specific to crypto if you point out that we don't want a bear market. It even depends I mean you could be shorting Bitcoin and make a lot of money, but apart from that nobody would want a bear market for any asset that he or she is invested in. But Bitcoin isn't in trouble because a bear market might be happening. Interest will die down and come back again. The same is happening to the stock market or the real estate market.

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lalabotax
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May 22, 2021, 11:42:59 PM
 #27

There are so many FUD spread about crypto, moreover about Bitcoin. And many whales really play the market. Consequently, many people are fear and also being panic to sell their coin so suddenly. Recently, the prices of all cryptos drop more than 40%, the BTC drop may be still continuing and we are waiting for the next resistant break.
Well, I am also not sure enough if this is the end of the Bullish era, but the market goes very deep and drastic likely going to crash for bearish time.

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May 23, 2021, 03:47:20 AM
 #28

Some people are panicking because they are having a huge losses right now due to the approaching bearish market.

If you don't want to lose more money, you can cashout but if you trust on bitcoin, just Hodl as long as you can.

After this suffering there's always a good thing that will happen don't worry. Just observe the market and make good decisions.  Wink

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May 23, 2021, 11:16:06 AM
 #29

Some people are panicking because they are having a huge losses right now due to the approaching bearish market.

If you don't want to lose more money, you can cashout but if you trust on bitcoin, just Hodl as long as you can.

After this suffering there's always a good thing that will happen don't worry. Just observe the market and make good decisions.  Wink

We know from last time that it could take years to recover although I believe that the cycles will become shorter. Maybe those who are now at a loss should try to dollar cost average with small amounts to reduce their overall buy in price.

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Shasha80
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May 23, 2021, 11:35:31 AM
 #30

Some people are panicking because they are having a huge losses right now due to the approaching bearish market.

If you don't want to lose more money, you can cashout but if you trust on bitcoin, just Hodl as long as you can.

After this suffering there's always a good thing that will happen don't worry. Just observe the market and make good decisions.  Wink

I have known Bitcoin for 5 years, and I have experienced the Bitcoin price dump quite deeply, when that happened I panicked and sold my Bitcoin.
It turned out that my decision was wrong, because no matter how deep the price of Bitcoin dump, in the end Bitcoin always comes back. So I don't
want to repeat the same mistakes, I will HODL the Bitcoin that I have right now. That's right, usually after a market dump occurs, good things
always happen, that's why I always believe in Bitcoin.

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bitzizzix
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May 23, 2021, 11:39:24 AM
 #31

Some people are panicking because they are having a huge losses right now due to the approaching bearish market.

If you don't want to lose more money, you can cashout but if you trust on bitcoin, just Hodl as long as you can.

After this suffering there's always a good thing that will happen don't worry. Just observe the market and make good decisions.  Wink
HODL is the best option rather than selling at a loss, and I'm sure bitcoin will turn things around even if it will take some time.
perhaps most of the decline was driven by a weak hand, and resulted in bitcoin price dropping further due to anxiety and panic, I'm sure those who have been in the industry for a long time are still holding on to it despite the disappointments, and it's all because there is no other choice but HODL.
Issa56
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May 23, 2021, 11:47:17 AM
 #32

I believe bear market is inevitable and must of us are use to it except for beginners who are just joining cryptocurrency I believe nobody have to panic you don't have to sell your coin at lost because the bear market is just temporary which is going to be over very soon and things are going to be back to normal. Bitcoin and other altcoins are already dip but the only thing you can do currently is to buy more dip if you are still having more fund or hold the once you are having and don't sell at lost.

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molsewid
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May 23, 2021, 11:50:17 AM
 #33

Some people are panicking because they are having a huge losses right now due to the approaching bearish market.

If you don't want to lose more money, you can cashout but if you trust on bitcoin, just Hodl as long as you can.

After this suffering there's always a good thing that will happen don't worry. Just observe the market and make good decisions.  Wink
You such an optimistic person like me. You have a good point in your first sentence. If you don't want to lose money or can't afford losing then best way is to cash out it for you to save what you have. And if you're optimistic person like me and trust bitcoin then maybe it's best way to let your money in here. All things has ending. I always believed that trust your own pacing.
mrongoz22
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May 23, 2021, 12:25:24 PM
 #34

this is a thrilling game, if you are afraid, because right now bitcoin and cripo are in trouble, you better step back, and be a spectator to see our game, even though bitcoin and crpto are in trouble ,, we will stay here,, we will never shake ''
because we are sure after red there must be green ..

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May 23, 2021, 01:37:08 PM
 #35

Crypto has turned into a stock market 2.0 type class which is the complete opposite of what it was intended for originally. On top of that, Elon Musk decided to go full on crazy and essentially ‘pump and dump’ Dogecoin etc on a whim.

This has been TERRIBLE for the crypto market. These recent issues are just the skim of the surface. The media has harped on trash projects such as SAFEMOON etc.

I welcome a crash, and yes it would cost me a lot of money, because crypto needs to get back to its original utilization.
Tahsin Kabir Kollol
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May 23, 2021, 03:25:32 PM
 #36

The cryptocurrency market has come to its present state through many ups and downs. Those who have been observing the market since the beginning of cryptocurrency are well aware of this. Whenever the market starts to rise, people's opinions about cryptocurrency become very positive and everyone sees a bright future. But when the market goes down, everyone starts to show positive feedback and wants to take it to the bottom. So far many cryptocurrency prices, including Bitcoin, have risen and fallen, bringing the value of the cryptocurrency to its current level. After the rise in the price of bitcoins in 2017 and the fall in the price of bitcoins after reaching an all-time high, many people commented on the current situation. The recent rise in the price of other cryptocurrencies, including Bitcoin, has been at an abnormal rate, which has led to a slight decline in the value of the cryptocurrency, and this is normal, so there is no reason to worry.

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May 23, 2021, 03:36:19 PM
 #37

How do you guys currently divide up your crypto portfolio between:
- Long-term top 10 like BTC, ETH, BNB, ADA, DOT, etc...
- 2nd tier like MATIC, DOGE, SOL, BCH, ETC
- 3rd tier and $hitcoins
- Staking/Pooling/Farming
- Liquid
- Anything else?

Thank you!
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May 23, 2021, 10:30:41 PM
 #38

Bull and bear markets have their purposes why they exist and what those happens. It is not always into a full bloom that we will just stay and keep up having bull market. For the balance to be properly maintained, bear market also arises. Both type of market scenarios are good depending on how you will deal or handle those. Bull and bear market gives out exponential possibilities as well as opportunities depending on how you will take it. Mostly some people specially the newbies are just looking up for the bull market while those that have already experienced all the ups and downs of this market can already adapt into both markets equipping themselves of plans on how to deal with both and make those favorable on their part. The problem is not the market. It is how you take it becomes the problem of your own.

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Ruvi2000sew
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May 23, 2021, 11:18:57 PM
 #39

When you find out that we don't want a bear market, this isn't exclusive to crypto. It depends. For example, you might make a lot of money shorting Bitcoin, but nobody wants a bear market for whatever asset they own. However, Bitcoin is not in danger because of the possibility of a bear market. Interest will wane and then resurface. 

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May 23, 2021, 11:34:04 PM
 #40

I am not sure that FED will do it. Bearish and bullish market are commonly happen in bitcoin market due to the traders existence that the number is very big. Traders wants fluctuations price so they can get profit while merchants need bitcoin to be more stable. Don't be too worry about this situation, bitcoin and blockchain technology are still one of the best invention in this world. I think bitcoin price still have big probability to reach 25k, if lower than that then I will buy more btc.

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