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Author Topic: am i the only one expecting the market to be worse than this?  (Read 548 times)
darahjuang
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July 19, 2021, 05:07:24 AM
 #41

I know in the future there will be another bull run. I also know bitcoin, ethereum, bnb and all the top ranking altcoins will create new ATH. that's why now i hope the market gets worse than this so i can buy cheaper. and the current situation supports my expectations.

i will buy when bitcoin is under 20k. I will also buy when ethereum has fallen below 1k. when bnb goes back to $100 i will buy it too. before that happens I will not buy.

and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy
Expectations that really hurt people who have bought a lot of coins at this time. If the price of Bitcoin doesn't drop from 20k, will you still not buy?
For me it is not effective. But that's your business. For me, when conditions are like this, then it's a good opportunity to buy friend coins.
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July 19, 2021, 07:07:26 AM
 #42

I know...
~
Avoid this mindset that you're saying that you know if you also know that the market is unstable. Thing is nobody really know the price of the coins right now tomorrow, next week, next month. It is either merely speculations backed with patterns from the past charts or just simply speculating blindly which is a bad habit for someone holding.

Just don't spend it all in crypto, OP. Save up and just buy when there is an extra.
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July 19, 2021, 07:11:35 AM
 #43

Even if the market turns out to be the worse, seeing all the hype rrvolving around us regarding nft, defi etc obly show a sign that this market is not gonna go anywhere, you can say the market could go down so much as you predicted hut there eventually be a time where we see green in the market and recovers its price back to near ATH again. But anything could happen in crypto, more or less same with stocks.

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July 19, 2021, 07:35:56 AM
 #44

I know in the future there will be another bull run. I also know bitcoin, ethereum, bnb and all the top ranking altcoins will create new ATH. that's why now i hope the market gets worse than this so i can buy cheaper. and the current situation supports my expectations.

i will buy when bitcoin is under 20k. I will also buy when ethereum has fallen below 1k. when bnb goes back to $100 i will buy it too. before that happens I will not buy.

and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy

Probably there will be many wealthy people like you who are expecting that kind of worse situations like you're expecting and praying for it to be happen but there are also many poor and middle class people who have dream to become wealthy and already have invested their everything and praying for some positive, well I hope their prayers will leave strong impact on cryptocurrency market.
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July 20, 2021, 11:12:08 AM
 #45

At some point we all know that the bull-market hype will be over soon. Most people who had taken their profit are waiting to buy the cheapest price they can get to accumulate more for the next bull market. However, we can't expect a huge dip or prices to go as cheap as it was before since the scenario is diffeeent now, we have institutional investors in the market nowadays.
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July 20, 2021, 11:15:57 AM
 #46

The problem is that most of the users expect the cryptocurrency market to go up all the time. Very few of them actually prepare for bearish phases. Remember what happened in 2014 after the bull run we had in 2013? The exchange rates went down by 85% (from $1200 to $200). The same happened in 2018, after the peak of 2017 (from $20,000 to $3,000, once again a drop of 85%). This time we had an ATH of $62,000. 85% drop would mean exchange rates around $10,000 per coin. And that's not all. Back in 2018, the exchange rates of alts such as ETH and ADA went down by 98% to 99%.
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July 20, 2021, 11:22:42 AM
 #47

I know in the future there will be another bull run. I also know bitcoin, ethereum, bnb and all the top ranking altcoins will create new ATH. that's why now i hope the market gets worse than this so i can buy cheaper. and the current situation supports my expectations.

i will buy when bitcoin is under 20k. I will also buy when ethereum has fallen below 1k. when bnb goes back to $100 i will buy it too. before that happens I will not buy.

and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy
When the market collapses as you wished, and you will buy Bitcoin, Ethereum and BNB. It turns out that after you buy, the market will not go up again. Are you going to cry?
Overconfidence in investing in crypto is also not good in my opinion. Live with it. Because at any time, the market will change.
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July 20, 2021, 12:04:53 PM
 #48

I don't want to wait that's why i have been trying to purchase Bitcoin and top few altcoins as more as i can. I will definitely buy more if market becomes more worse. I have been staking few coins which generates daily revenue which i will use for rebuy if market will deteriorate than now. But i think market becomes stable at this stage and will move forward very soon.
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July 20, 2021, 12:33:10 PM
 #49

At some point we all know that the bull-market hype will be over soon. Most people who had taken their profit are waiting to buy the cheapest price they can get to accumulate more for the next bull market. However, we can't expect a huge dip or prices to go as cheap as it was before since the scenario is diffeeent now, we have institutional investors in the market nowadays.
It is right. The market seems to go down so we need to be careful and not rush to buy the coin. It is better to wait for a while and still analyze to find more info to decide it later. Hopefully, this is just a correction but we do not know for sure. But I feel that it could be a flash dump that can happen to the market, especially if the investors are trying to play with the price. We do not know about that and I hope we can be ready for anything that might come.

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July 20, 2021, 02:27:23 PM
 #50

I know in the future there will be another bull run. I also know bitcoin, ethereum, bnb and all the top ranking altcoins will create new ATH. that's why now i hope the market gets worse than this so i can buy cheaper. and the current situation supports my expectations.

i will buy when bitcoin is under 20k. I will also buy when ethereum has fallen below 1k. when bnb goes back to $100 i will buy it too. before that happens I will not buy.

and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy
Keep going mate. That is your right.
As long as I have been active in Crypto, I have never found a definite schedule for when the market will rise.
But your concept is good for you. For me, I will continue to monitor Ethereum for short-term investments hoping to make a small profit from the price I buy.

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July 20, 2021, 02:43:43 PM
 #51

You're not the only one dude and i were also predicting the same thing like you to see the price of bitcoin will be going down even deeper and we will see that if the market will have reached the bottom level.
Some people are also feeling panic after seeing the price of bitcoin already broke the 30k support.
It seems like the roller coaster will be starting to go down very soon.
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July 21, 2021, 08:22:13 AM
 #52

I know in the future there will be another bull run. I also know bitcoin, ethereum, bnb and all the top ranking altcoins will create new ATH. that's why now i hope the market gets worse than this so i can buy cheaper. and the current situation supports my expectations.

i will buy when bitcoin is under 20k. I will also buy when ethereum has fallen below 1k. when bnb goes back to $100 i will buy it too. before that happens I will not buy.

and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy

no, the market won't turn out the way you expect it to. bitcoin 30k is the lowest limit for now, although several times breaking this point, bitcoin will immediately reverse. prices under 30k never last long, because everyone knows it is a substandard price and there will be a lot of people who will buy it, making the price not last long. so your thoughts will not come true. You might pray that there's some more bad news to send the market into a panic. but I'd say that's not going to happen any time soon, so that means the market is calming down, and just waiting for time to recover.

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July 21, 2021, 08:32:09 AM
 #53

no your not the only one but there are so many people that think just like you because we have saw a negative news last time about countries banning mining and hackings too but despite of that theres also positive news like some countries formally legalize btc .
. thats why theres also people that think positive that prices will now recover .
its hard to predict what will happen but you can stick with your plan because history can repeat itself if not this time .
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July 21, 2021, 11:53:00 AM
 #54

Many people think that they have missed their train to the moon. Currently, many people expect the price of bitcoin and altcoins to fall again, but it doesn't seem easy. a while ago, we saw bitcoin price below $30k, and now it looks like the price is recovering and maybe it can go up to $35k to $40k. I hope that enough people can take advantage of the recent downturn.
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July 21, 2021, 04:36:01 PM
 #55

The market will surely get worse than this but not now maybe probably in 2022 because im just the whales and other countries will try as much as possible to bring crypto down in every way they can, the more bad news we get the more it affects the market and all this doing is to get those coins at worthless price

Yes, very true, but the expected badness in the crypto market assets, it is very difficult to penetrate it, because in the crypto market assets, everyone hopes for the best in their market assets, and if that bad happens then they will move quickly in their asset market to recover it.
if indeed bad things happen and there is no change then that's where it's time to prey.

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July 22, 2021, 10:00:08 AM
 #56

If you are a short-term frequent trader, then maybe you should do it that way because short-term traders need to make sure they buy at the cheapest possible point and sell at the peak point. If you are a long-term investor though, I don't think that it is a good mentality to wait for the price to drop because if you are investing for the long term, then you should not believe the price will go down or should go down for any reason.

You are praying for the market to collapse? How ironic is it that you will invest in the same market that you wish collapses? I mean if even you are praying that to get the coins for a cheaper price, how will you hold when the market, in case, falls down even more.

Anyhow, good luck with your strategy although it doesn't convince me, not that it has to though.

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July 22, 2021, 10:08:48 AM
 #57

I know in the future there will be another bull run. I also know bitcoin, ethereum, bnb and all the top ranking altcoins will create new ATH. that's why now i hope the market gets worse than this so i can buy cheaper. and the current situation supports my expectations.

i will buy when bitcoin is under 20k. I will also buy when ethereum has fallen below 1k. when bnb goes back to $100 i will buy it too. before that happens I will not buy.

and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy

I noticed that the market is divided into two parts. Those who sold around the last ATH and in the last weeks - these people are constantly predicting that the bear market has started and the prices will only drop now, because of course they want to buy back cheaper. And those people who hold and predict that this is not the end of the bull market, but a correction and soon Bitcoin will reach the new ATH.
The truth is, no one knows for sure what will happen in the weeks, days or even hours ahead.

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July 23, 2021, 12:00:32 PM
 #58

I know in the future there will be another bull run. I also know bitcoin, ethereum, bnb and all the top ranking altcoins will create new ATH. that's why now i hope the market gets worse than this so i can buy cheaper. and the current situation supports my expectations.

i will buy when bitcoin is under 20k. I will also buy when ethereum has fallen below 1k. when bnb goes back to $100 i will buy it too. before that happens I will not buy.

and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy

look at the market today, and you'll regret thinking that the market was going to get any worse. all crypto coins started to recover their price. although slow but it looks very strong. and the situation slowly improves and all your hopes will not come true. so it's better to buy btc and ethereum now, because the target you want to achieve will not be realized.

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July 23, 2021, 12:04:25 PM
 #59

I don't want to wait that's why i have been trying to purchase Bitcoin and top few altcoins as more as i can. I will definitely buy more if market becomes more worse. I have been staking few coins which generates daily revenue which i will use for rebuy if market will deteriorate than now. But i think market becomes stable at this stage and will move forward very soon.
The market always have really strong support at $30K i doubt its really gonna be worse than this. But im more worried of altcoins mainly erc20 tokens that gonna have a hard time growing if the market always move like this where the market always gets dumped everytime we see some green that could help boost of many projects mainly nft and blockchain games

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roosbit
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July 23, 2021, 12:13:40 PM
 #60

Guess what Elon Musk tweeted and spoke of the Tesla resuming accepting crypto payments, SpaceX company holding bitcoin and Elon himself holding Ethereum  and price was bullish in no time.
I guess things aren't as bad as we paint them to be, it won't be as worse as we think , price looked like it would continue being bearish after crossing $30k but it recovered and now trading above $32k.
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