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Author Topic: Warning: Cardano can drops to 0.5$ and Ethereum to $800  (Read 587 times)
charlieargentina (OP)
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May 29, 2021, 09:46:10 AM
 #1

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?
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May 29, 2021, 10:16:18 AM
 #2

No need to worry.

That's what everybody really is thinking about. What's with the worry if we're already seeing it face to face that the market is down and many people have already that thought that we're entering the bear market.

Those drops are nothing compare from how much they've increased from their 2018 bearish market.

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May 29, 2021, 10:41:20 AM
 #3

The currency circle is only slightly ups and downs, I believe the bull market in the currency circle will come back again.
Most people have recognized and started to buy virtual currency, and its market will become more and more extensive.

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May 29, 2021, 10:45:03 AM
 #4

If there will be long correction of the cryptocurrency market, then all top cryptocurrencies will fall very much in price and it will be possible to invest in any top cryptocurrency without hesitation and it does not matter till which price any cryptocurrency will drop in price, since it is all the same after some time after the correction, another growth of cryptocurrencies will begin and all top cryptocurrencies will begin to reach new heights again, so do not get upset, but on the contrary, we need to prepare for this.
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May 29, 2021, 11:08:04 AM
 #5

Yes, that's for sure. If we go into a bear market again then we should all be ready to lose a great deal money in that period. In the end, the market wasn't going to go up all the time. This is the nature of cryptocurrencies, it is better to adapt ourselves to it.

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May 29, 2021, 11:41:50 AM
 #6

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.
It is easy to speculate price with the trend. In up trend, speculators say price of ETH will hit $2,000 $3,000 $5,000 and $8,000. Now they speculate the opposite, Ethereum can drop to $800.

I don't believe in speculation and if you think Ethereum is a backbone for ERC20 companies and that big ecosystem, Ethereum can get $10,000. This year or 4 years later.

Quote
If we hit a bearmarket all the cryptos go down again.
Everyone knows what is bear market and what happens in bear market.

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May 29, 2021, 01:11:35 PM
 #7

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

You don't have data or analysis on your title that Cardano will hit $0.5 and Ethereum $800, the market although very volatile and there will be downswing and upswing from time to time, I don't think the market will crash and both coins will go down to your predicted price, the market cap is still growing and traders and investors still have confidence in the market, I expect the price to get better before the end of this year.

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May 29, 2021, 01:15:29 PM
 #8

If Ethereum drops so much it is really a good opportunity to buy some more. Same goes for Cardano.
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May 29, 2021, 01:36:12 PM
 #9

I am still sure that we are in the bull market because the price already touches the high price. If the price is back to the last lowest price, that could be a bear market because the price decline to rise and push the price to go down for more. If the price is down, it will have a chance to increase and only need to wait for the right time to get a pump. Bitcoin itself needs to adjust for more and maybe bitcoin will go down once again and then it will rise higher. We must prepare for anything that can happen because we do not have the right sign for what will happen to the market.

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May 29, 2021, 02:29:47 PM
 #10

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?
institution come with short selling maybe ,so its the way for them to get cryptocurrency in lowest price. if we look onchain analisys actually there are alot bitcoin or ethereum outflow from market, but the fact price still drop hardly. and i am curious this man playing with the price now. but if its happen i am sure alot of whales prepare their position with huge money.
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May 29, 2021, 03:32:27 PM
 #11

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

Yes. I think the price of the coin will fall even more. In fact this is almost half of the current price. But in September it will grow back. This is my guess, because what happened in 2017 and 2018 will happen again in 2021. But this is only my guess. It could be that this year is different from the previous year. And we hope so.
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May 29, 2021, 06:38:53 PM
 #12

That is the true nature of the crypto market. One day it may go to moon but on the other day, it may go down. These bullish and bearish situations can be caused by multiple factors including whale activities, good/bad news, social media updates, etc. So if we want to be here in the crypto market, we have to keep that in our minds and need to take the risks which we can bear.

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May 29, 2021, 06:40:35 PM
 #13

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.
I feel like that is not really that bad for ethereum? I mean think about it the "bottom" for ethereum becoming 800 dollars is something I would love to see, if that happens I would be very happy. The fact that it drops to 800 is not what is good, obviously that is bad but the fact is that 800 would be bottom would be so great.

The previous high was around 1.5k and the bottom reached as low as 80 dollars or so, saying that it will not be that bad anymore and saying that it will be over 800 for the "bottom" would be insanely good. That's what I am hoping to see, that's what I am guessing would happen, it would be the thing that I would be very happy for not the drop but the bottom being so high. After that think about the next bull run, like if we moved from 80 bucks to nearly 4k? That means from 800 we could move as much as 10k+ and even more and that's awesome.
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May 29, 2021, 07:23:20 PM
 #14

Well, am not invested in cardano but of course I have alot of money on Ethereum and am already in a big loss, am still holding hoping the market make a u turn from this downward movement, if eventually Ethereum drops to 800$ then am doomed cus I bought it at above 2800$ level, am still thinking of selling my Ethereum coin and waiting for them to down more so I can buy them back cheaper, but my fear now is that the market is highly unpredictable, I might sell now and instead of buying them back lower, I end up buying them back at a higher price which is not really a good thing, so best thing for me I think is to hold and hope the market turns green again soon.

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May 29, 2021, 07:37:47 PM
 #15

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

We think that the market will return to normal in June. Many opinions say that next September, crypto prices will increase again. If so, then there is still a big chance for us to cover our current losses.

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May 29, 2021, 07:51:10 PM
 #16

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

Nobody really knows what will happen in the future, its all just the predictions.
Im more ready to hold my token rather than regret because of sell on the fear and buyback on fomo later.

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Coin_trader
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May 29, 2021, 07:56:45 PM
 #17

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

Last 2017 bull run is different on this bullrun. You can compare trading volume for both year to verify it. Last 2017 pump is due to FOMO only while the current bullrun was due to Bitcoin acceptance to different big company and institutional investors. You only see how fast Bitcoin dump while you didn't notice that BTC grow more than 600% since the start of Bullrun from 10K usd.

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May 29, 2021, 07:59:00 PM
 #18

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

We are not yet in the bear market according to your argument, so we must be in a bullish trend. However, that is not the just as the market is bleeding. But if ever we hit bullish cycle again, then the price will obviously go up and we really don't know what will be the top price.

So it's hard to grasp what will be the floor price for ETH and ADA, we have to wait till the market goes on bearish cycle. What if if this next bullish cycle ETH reaches $10k? and a 50% dip will be $5k?

R


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Moeda
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May 29, 2021, 08:38:10 PM
 #19

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

If it's true as you say, then this is a bad thing. Because a lot of people are still holding their Ethereum at a high price. However, if we look at the 2017 story, Ethereum returns to its bottom price after the big pumping was done.
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May 29, 2021, 08:43:36 PM
 #20

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

It seems to me that everything is very unpredictable in this niche and it is very difficult to predict what will happen. Also, I think that it would be too easy if it was possible to make predictions based on past events with 100% probability. If you are so sure that this will Cardano can drops to 0.5$ and Ethereum to $800, then boldly take the opportunity to make a profit.

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