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Author Topic: How about the future of the market?  (Read 1137 times)
Bohdan820
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June 14, 2021, 06:19:31 AM
 #41

At the moment bitcoin is showing good growth if bitcoin continues to grow then sooner or later altcoins will grow in the wake of it.
I am inclined to believe that Bitcoin will soon cost 50k again.
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June 14, 2021, 07:49:03 AM
 #42

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.
Thank you.
You don't have to worry about the price because the price will increase someday. However, you should know that in the crypto market, the price will always fluctuate and make people ready for any situation. The main problem with this is that people panic if they read the news and act fast before it is too late. But unfortunately, they don't think that the news does not always affect too big the market, so they can regret what their doing without thinking much.

The trend in the crypto market will always change, and this year, we see NFT comes as the trend, making people want to make a profit from NFT. But the NFT will not stay for a long time because there will be a new trend that will comes later. Perhaps, the NFT can remain in the market, but the popularity will not always be uptrend.

 
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June 14, 2021, 07:53:02 AM
 #43

The cryptocurrency trends and are changing every year due to new technology and also new market segmentation every year. Back then when i first entered the crypto market, ICO is in the hype, new tokens based on ERC20 coming so many and most of them have high return in investment, then it came IEO which is popular in binance, people are moving to it, and trends keep changing till right now. So i think future market are unpredictable, right now NFT is on the hype but will it still hype in the future ? We cannot predict what will coming next, so the best way to survive in crypto market is keep up to date to any new tech or thing coming.

yeah right, there's always new technology that will attract investors interest,

Mentioning those ways of investing and earning to this industry gives ideas to every newcomers, as long as you are doing your research and you are willing to take the risk, the future of this market relied with every potential investors and supporters who continuously adopting and embracing the changes.
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June 14, 2021, 08:00:54 AM
 #44

The cryptocurrency market constantly needs a correction and there is nothing special here, the main thing is that this correction does not last for several years, then of course it will be a huge problem, since we will have to wait several years for the next growth of the cryptocurrency market to begin, and about NFT, I do not think that this is the future of cryptocurrencies, just now there is a hype around NFT and DEFI and the time will come when the hype around these spheres will fall, so we shouldn't rely heavily on NFT and DEFI.
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June 14, 2021, 09:00:44 AM
 #45

The market will continue to fluctuate, rising and falling prices of hundreds of percent per month is normal, smart investors certainly see this as a good opportunity to get big profits.
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June 14, 2021, 09:10:38 AM
 #46

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.

Thank you.

Cryptocurrency prices are falling as the big players play their game and their task is, first of all, to lure the top cryptocurrencies out of weak hands. But the main task is simple, just make money. Of course, a number of news and events will support this, so that it all looks like an event that happened by itself, but if you turn to the history of the development of the crypto market, you will see that the field of each fall in the price of cryptocurrencies goes up and becomes larger than before the fall. As for NFTs, they certainly will and already play a definite role in the development of the crypto industry and may well become one of its main parts in the future. After all, you must agree that creating digital assets and value for them is one of the attractive opportunities to have excellent additional income, as well as the ability to conduct trade relations with other market participants without the influence of a third party.
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June 14, 2021, 05:09:31 PM
 #47

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.

While some people say that the people are losing interest on NFTs, I believe the opposite. NFT for me is the future specially for the gaming industry which is not a joke considering how big the population of this community is. Just imagine both the cryptocurrency and gaming industry working together, just like what is happening right now, the possibilities are endless! It would be dumb to say that this thing won't work, common sense is all we need. If I were you, I'd get myself into this crypto games while it's still early.
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June 14, 2021, 05:16:48 PM
 #48

I think nft will be a part of the future of crypto, and as to when this market will recover I guess time will tell, we can only watch and speculate before it happens, but the good thing is it will continue to happen in the long term, I mean the market will always recovery how bad the state of the crash at that time.
The idea behind is novelty and some of the platforms are attracting visitors who are willing to spend millions and that caught my eye in the market as well. The problem is when the hype started more and more projects are popping up, some with their own chain and some run on top of other network and we will see how far these projects will go. I need to select a few projects that are hyped and plan on investing in them and see how it goes.
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June 14, 2021, 05:45:08 PM
 #49

The drop is not something we should really be worried about, for most of us that have been here for some time now, the current drop in price of all cryptos is absolutely nothing compared to what we've seen before, for those of us who are experienced in this field, when ever the market drops, it an opportunity for us to buy more coins at a cheaper rates, but if you have no money to buy more, then just be patient and hodl what you already have, don't panic sell as the market might just be waiting for you to sell so it starts going up again.
And as for NFTs, NFTs aren't the future of crypto, but like someone said here, NFTs are part of crypto currencies future, crypto currency is the future of money.

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June 14, 2021, 05:49:35 PM
 #50

Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?
There's nothing like the future of currencies, all these things are trends that just comes and go. DeFi should make you understand that most of these things are not here to stay. They just come out newly and they start trending and everyone is rushing to make money off of it, and once they have all made that money and there is a new trend, they will all dump it and move for the new ones.

Same thing you're saying right now, there are also other people that said it when we had DeFi trending; a lot of them thought that DeFi is the future, but now it's no longer much as it used to do back then, things have changed.

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June 14, 2021, 11:21:17 PM
 #51

For those who were just new into crypto space, there are lots of time that Bitcoin and the whole crypto space experience declination but still have made it out and survive after those trials and circumstances brought by different factors affecting the whole market. Worrying will not provide you good thing just to be frank. Just go with the flow and trust the process for we have already gone through many of this in the past. The declination is nothing new to be exact. It is already a common nature with crypto ever since its existence. So do not bother to worry too much.

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June 15, 2021, 01:41:24 AM
 #52

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.

For now I think that NFT is the future of the market, the presence of NFT is the right solution because it makes investors believe that they buy and can exchange with real products.
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June 15, 2021, 01:52:13 AM
 #53

For now I think that NFT is the future of the market, the presence of NFT is the right solution because it makes investors believe that they buy and can exchange with real products.
NFT marketplace projects will be coming in the future. even binance is also planning something big for the NFT market.
NFT went big with the DeFi project even though the DeFi project's popularity is still greater. the end of the year and next year I think is the momentum of the NFT.

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June 15, 2021, 01:53:15 AM
 #54

~
I am sure that the OP is asking about the NFT as well not just the price decline.
Talking about the price as what you based on how the crypto will be the "future" isn't sufficient reason.
Remember that cryptos like Bitcoin aimed to be like payment solution. I think people should lean more on that and not just meme-ing the crap out of coins.
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June 16, 2021, 03:43:34 AM
 #55

Bitcoin just breakout from the support area, and this is good sign and it will triggered others altcoin. Price action of Bitcoin and others altcoin has high probability to keep going up after correction. BTC and others coin already to go high and its normal dumped up to 50%, and then sideaway for a few week then try to bounce back again. Crypto and NFT market is still very young and still have big room to growth. We need to more understand the duration and cycle of the trend market, because trend of market all the time changing, bullish to bearish and to bullish again then changing again.

ChaoChibai
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June 16, 2021, 10:54:07 AM
 #56

The price of BTC and others altcoin declined because of bad news from China goverment and Elon Musk at the same time. In crypto, there are always 2 trend, bearish and bullish and for each trend can be taken for 2-3 years, and the trend changing for every 3-4 years. But for BTC, the price is always going to new ATH for every bullish season. This is according to history of BTC price. I think for now, the market will continue with bull season until 2022 and then the market changing to bearish season again for another 3 years.
I appreciate and also agree with your thoughts. I also believe market correction right now is because of the government of china made a bad news related to crypto. I just hope this bull season will not go as long as your statement, i think 3 years is so long for us.

Serco
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June 16, 2021, 11:07:34 AM
 #57

Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?

Any idea welcomed.


Thank you.
will see another breathrough come from cryptocurrency market not only NFT. it is true every NFT project have alot investors , back personally the future of cryptocurrency is rellated with its utility in real life it self. NFT will growth alot and maybe used in any field to documentize any thing, but i am confidence there is something bigger than nFT.

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acdc
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June 16, 2021, 10:34:48 PM
 #58

I think this drop is completely normal in the crypto market. We have seen the market have a very high gain in April, clearly the market needs a small correction to be able to continue growing.
Yes, the drop is basically a normal thing in cryptocurrencies. We saw this so many times. The future of cryptos lies in itself. There will be sets of new types of investment that will also surround the cryptocurrencies but there's only one thing that's for sure. The best of the best of cryptocurrencies will stay and those established ones like Bitcoin and Ethereum and other established altcoins shall stay for the future.
That's right, anyone who's been in this market long enough has experienced multiple drops.
The market has had an overheated rise in the past so it needs a correction to create a balance.


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acdc
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June 16, 2021, 11:04:13 PM
 #59

I think this drop is completely normal in the crypto market. We have seen the market have a very high gain in April, clearly the market needs a small correction to be able to continue growing.
Yes, the drop is basically a normal thing in cryptocurrencies. We saw this so many times. The future of cryptos lies in itself. There will be sets of new types of investment that will also surround the cryptocurrencies but there's only one thing that's for sure. The best of the best of cryptocurrencies will stay and those established ones like Bitcoin and Ethereum and other established altcoins shall stay for the future.
That's right, anyone who's been in this market long enough has experienced multiple drops.
The market has had an overheated rise in the past so it needs a correction to create a balance.
they should not worry anymore in this cycle. several times face hard drop in few years ago give us an important experience how to face it and catch the opportunity. every correction after price it new at was normal cycle and it form good market structure.
In fact, market declines are a great opportunity for investors, people can buy coins at a good price. A lot of people have seized the opportunity this time and made a big amount.


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Hannahanto
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June 16, 2021, 11:56:44 PM
 #60

Just because price are falling or will I say we are in the bear season doesn't mean the market ain't gonna be fine. No doubt NFTs are really doing a great job and are tending this late 2020-2021 but I'm a trader and I'll tell you not to give hope on the market right away.
The market will revive, we are in a bullish year so the market is just making some correction so buckle up and stay alerted for the next bull train.
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