Crash or new sunrise of crypto

[Koro-Sensei]

I'm just fade up. Unable to understand the crypto market. There is a talk about market crash will be happened soon but so many months have past but no result. Even people are now believing that, crash won't be happened at all.


Kindly share your opinion with logic. What do you think?

Is this bull trap? We are going to experience the crash soon?

Or crash is already end (btc from $60k to $30k)  and this is the began of the new ATH, sunrise of crypto market from Now

I believe crypto is now done with Elon spreading fud and now evolving into a self reliant one. A steady growth was seen without market manipulation but still a crash is still possible. Now I think people now learned their lesson from the past bull run and avoid the mistakes they have done before.

[South Park]

This is definitely a new bull run beginning. Autumn seems to be very hot and all the market will renew its highs in the nearest 2-3 months. The peak will be reached by the New Year I think.

While I think that the price of bitcoin is going to increase dramatically during the next months at the same time I do not believe that this is a new bull market this is the same bull market we have been going through since March of 2020, even bull markets need some time to stabilize and get new investors into the market and I think this is what has been happening during the last quarter so I do not think the current growth can be categorized as a new bull market as you say.

[3la9l_kolbaCa]

I'm just fade up. Unable to understand the crypto market. There is a talk about market crash will be happened soon but so many months have past but no result. Even people are now believing that, crash won't be happened at all.


Kindly share your opinion with logic. What do you think?

Is this bull trap? We are going to experience the crash soon?

Or crash is already end (btc from $60k to $30k)  and this is the began of the new ATH, sunrise of crypto market from Now

Hopefully I'm going to see a new sunrise of cryptocurrency while market started to show signs of progress, and in order to experience that we must be determined along with courage.
Even though we do have positivity in mindset, that doesn't mean we're exempted of being panic or being too emotional due to market downtrend. This usually happens when there's an attempt of bounce, proper observation is needed while holding your coins.

[Traderbtcc]

I'm just fade up. Unable to understand the crypto market. There is a talk about market crash will be happened soon but so many months have past but no result. Even people are now believing that, crash won't be happened at all.


Kindly share your opinion with logic. What do you think?

Is this bull trap? We are going to experience the crash soon?

Or crash is already end (btc from $60k to $30k)  and this is the began of the new ATH, sunrise of crypto market from Now

Haha, I thought I was the only one who finds the market confusing, the truth is that you can't really tell what the market will do in the next minute the market volatility makes it completely unpredictable, I remember seeing tweets everywhere about how bitcoin was going to reach level $22k level if it breaks the $30k support, bitcoin broke the support but never went down as they all expected rather it pumped back up and for the first time in a long while bitcoin touched $50k, I'm expecting a huge surge in price real soon that should help it get to a new ATH.

[Spack17]

Before this rally (or bull run I'm not sure of it), Bitcoin already dumped from $60k to $30k. So I don't think that we will witness another dump very soon. In the worst case, the number of price corrections can increase. Now things are going on for the benefit of cryptocurrencies. And it looks like we might see a new ATH level for Bitcoin in this period. This is the rise of crypto rather than a crash.

[Bagong91]

There is a talk about market crash will be happened soon but so many months have past but no result.

yes, we can believe in the conversation but still return to DYOR, because whatever people say crashes or goes to a new ATH but if we believe and do DYOR then we will know what steps we take

[Mr.Scott]

There is a talk about market crash will be happened soon but so many months have past but no result.

yes, we can believe in the conversation but still return to DYOR, because whatever people say crashes or goes to a new ATH but if we believe and do DYOR then we will know what steps we take

You can't avoid inevitable fact, pump then sell off scheme quite commonplace in recent times. You have to take advantage of the day trading and staking at the same time. Simply throwing money into the volatile market very risky, we have lot of example people are wasting their time and money. I actually have equal phrases, DYOR as plenty as you may.

[TheUltraElite]

I believe crypto is now done with Elon spreading fud and now evolving into a self reliant one. A steady growth was seen without market manipulation but still a crash is still possible. Now I think people now learned their lesson from the past bull run and avoid the mistakes they have done before.

People like Musk will be there in future too, you have to learn to ignore them and use their statements to your advantage. That is how you make money from the market. Like for example, if they get bullish on a certain coin, you have to sell them at a profit and exit. If they get bearish on bitcoin, keep fiat ready at hand to buy the dip that will follow.

Remember that these people manipulate the unregulated market for their own gains only so dont fall for the FUD or FOMO rather move in the opposite.

Also, i invest on a great project so i believe the demand will keep increasing, only need to wait some more time.

I think you may have been misled. There is no such thing as "great project" but a phrase used by money grabbers. If the project you are talking about has an inherent market making capability then you will be profiting but if it does not, then you will be ending up in a pump and dump and a loss. How to determine this? Check if the project has done anything for holders to spend their coins on something useful or not, usually that would be the case. But this also needs a lot more checking to be sure of.

[SquallLeonhart]

I believe crypto is now done with Elon spreading fud and now evolving into a self reliant one. A steady growth was seen without market manipulation but still a crash is still possible. Now I think people now learned their lesson from the past bull run and avoid the mistakes they have done before.

That's just for now, we do not know how much impact he could have in the future neither. I mean if he tweets tomorrow "tesla will buy another billion dollars worth of bitcoin" then the price of bitcoin will go up 10k+ just from the news without even them actually buying, just the news itself would make it go up. He could do that with doge as well, he could show the world how much doge he actually has and how much more he wants to buy and then the price of doge will go up. He could do this with any coin basically, dude is so rich that he could buy a billion dollars worth of a whole package of coins, and that would impact crypto world as a whole.

So I would say that we are not effected by him just yet, but that doesn't mean that his spell over everyone else is fully gone neither, dude could definitely still manage to get people to buy stuff if he wants to.

[oemar bakrie]

confident that we have entered crypto, we must be mentally prepared with pressure or circumstances that will occur, we have been successful and also we must be prepared to lose, all of my journeys are already in a crypto circle..

[South Park]

I'm just fade up. Unable to understand the crypto market. There is a talk about market crash will be happened soon but so many months have past but no result. Even people are now believing that, crash won't be happened at all.


Kindly share your opinion with logic. What do you think?

Is this bull trap? We are going to experience the crash soon?

Or crash is already end (btc from $60k to $30k)  and this is the began of the new ATH, sunrise of crypto market from Now

Haha, I thought I was the only one who finds the market confusing, the truth is that you can't really tell what the market will do in the next minute the market volatility makes it completely unpredictable, I remember seeing tweets everywhere about how bitcoin was going to reach level $22k level if it breaks the $30k support, bitcoin broke the support but never went down as they all expected rather it pumped back up and for the first time in a long while bitcoin touched $50k, I'm expecting a huge surge in price real soon that should help it get to a new ATH.

While the market is unpredictable at the same time it gives many hints about what it is about to do, a crash to 22k was impossible, bitcoin simply had not grown enough in order to crash to that level, and many speculated that 30k was basically the floor of the price of bitcoin, something that held true, and the longer this was true the greater the chances that we will eventually see a recovery in the price which is what we eventually saw.

[TheUltraElite]

confident that we have entered crypto, we must be mentally prepared with pressure or circumstances that will occur, we have been successful and also we must be prepared to lose

I would not use the term "lose" - you dont lose money when you buy at the wrong time. Sure you are in a position that if sold will lead to a considerable loss but only if you sell at that point. You can instead hold that position for a longer period when eventually the market might come back up and you can sell at profit. Not considering this means not considering patience and patience is one of the key skills that every trader must have.

If you dont get manipulated into crypto by celebs then that would be even better and the above situation would be much less likely. What I mean to say is that if you make a mistake, you should learn from it, dont leave the market because that is what the celebs want - they want you to sell at loss and exit so they can buy. Dont give them that chance.

Also dont consider putting all your money into crypto - that is a stubborn decision. Have failsafes, have backhauls in fiat market and you should be able to do fine even with big names making big comments to move the market.

[bitcon]

All people have their own opinions so some think that it must be a crush soon, others, on the contrary, are optimists gaining position. I know people who went short in spring when Bitcoin was 30 000$ before the increase to 60 000$, so we can only predict, but nobody can tell for sure. My prediction is a new bull run now and bitcoin for 100 000$ in December. This market is ruled by news. 

[Argoo]

All people have their own opinions so some think that it must be a crush soon, others, on the contrary, are optimists gaining position. I know people who went short in spring when Bitcoin was 30 000$ before the increase to 60 000$, so we can only predict, but nobody can tell for sure. My prediction is a new bull run now and bitcoin for 100 000$ in December. This market is ruled by news. 

First, I would not use the word "crash" for the possible development of events in this market. The situation is not so bad and hopeless as to use this term. Moreover, I think that in the fall we will see a new stage of good price growth in this market. Autumn, starting from the end of September, beginning of October, is traditionally characterized by a good rise in prices. Now there are the necessary prerequisites for this. True, if we don't hear any bad news for cryptocurrency. In October, the FATF, on behalf of the G20 countries, may prepare measures to further strengthen the regulation of cryptocurrency, and this may have a negative impact on this market. However, let's hope for the best.

[rika0223]

I think the era of the crash is over, (the crash that is meant here is definitely the destruction of the crypto market) but rest assured, because of the development of digital money technology, now many countries have almost legalized the currency, so many altcoins have also been born so that the money market Digital is getting more and more crowded because bitcoin has gone up drastically and is growing to become the era of bitcoin back on top

[jaberwock]

I would rather say that bitcoin is already in a good shape leading to its new possible ATH. The crash i think is now over because if we look at the market today, there are no signs of falling of prices. Although bitcoin is not that totally bullish but i can also say that its not bearish either.

However, we cannot be assured that in the coming days there will be no signs of crypto crash. It will never be stopped once it happen so all we have to do is be prepare of all the possibilities that might happen in the next days. But as long as we got bitcoin and ethereum and other potential coins, then we should not worry that much.

Usually if there is an upcoming crypto crash, that doesn't happen overnight and it doesn't happen right away, it happens after a long period of time of success. We have to realize this, calm periods do not usually breed too much of a move, you see slowly building up increases, like how it was 10k at September, 20k at November, 30k at January, 40k at late march, 60k at may, see? It wasn't fast at all, it may have felt fast to many people because of how much we increased but when you look at the total it wasn't really fast at all, it took a lot of time.

And the crashes happen right after that, eventually people get bored of the current situation and they end up with selling and taking out profit and that results with a huge crash. This is why I believe that we are not going to see a crazy now, just a slow gradual increase at first and then maybe a crash.

[LUCKMCFLY]

I would like to highlight the Polkadot currency system, at this time it is giving a great emergence, the DOT token has had a lot of recovery throughout its ecosystem, so much so that it is representing a great bullish environment:

The DOT token has recovered from recent lows of $23.90 last week, rallying more than 25%. Kusama’s KSM token has done even better, soaring 50% over the past week before cooling off. They’re two of the crypto market’s biggest gainers of the last 24 hours, rising 16.4% and 28.4% respectively.

Source: https://cryptobriefing.com/polkadot-kusama-jump-ahead-next-parachain-auction/

Apparently the Polkadot ecosystem is giving very good news, it is likely that DOT has a great future in continuing to raise the currency, I think it is an ideal time to go buy, of course it is just my thought, but seeing the volume of the coin promises a lot.

[South Park]

All people have their own opinions so some think that it must be a crush soon, others, on the contrary, are optimists gaining position. I know people who went short in spring when Bitcoin was 30 000$ before the increase to 60 000$, so we can only predict, but nobody can tell for sure. My prediction is a new bull run now and bitcoin for 100 000$ in December. This market is ruled by news. 

Those people better had a rock solid stop loss because trying to short the market when it was at those levels is a huge mistake and it is entirely possible that they lost all of their capital if they were not careful when they were using leverage for their trades, however what I do not know is what they could have seen in the market that make them believe that going below that level was possible, because at that point it was very obvious that the price of bitcoin will not go any lower.

[pjwaffle]

I'm just fade up. Unable to understand the crypto market. There is a talk about market crash will be happened soon but so many months have past but no result. Even people are now believing that, crash won't be happened at all.


Kindly share your opinion with logic. What do you think?

Is this bull trap? We are going to experience the crash soon?

Or crash is already end (btc from $60k to $30k)  and this is the began of the new ATH, sunrise of crypto market from Now

We can't all speculate on the future for this volatile market and price corrections are normal, but a crash I haven't seen since entering the market. The market so far it has grown and has never pushed back.

The changes in the crypto world are very surprising sometimes and they are very unpredictable. '
Many people get trapped with the bullish season that turns into bearish only in few hours.'And this happens in the previous bullish era.
Sometimes, FUD is the one that can cause the crypto world to really add to the experience. We can see ho w all coins are decreasing and having dropped prices. We can see how the assets can drop more than -50% only in few hours.
But there are also several bullish eras after the bearish. I believe it

I have the same thoughts as you, I have seen the market crash many times but that crash was a stronger momentum step. And those FUD news just make the value of cryptocurrency more asserted in terms of value after such FUDs.

it doesn't really matter if you dca and wait for years for your investment to grow. if you're trading, then bear or bull is a daily occurrence depending on your timeframe and the coins that you choose. if you can't survive the stress, maybe take a break or just find another way to invest your capital to crypto.

yes, we should all relax and not think too much about pessimism, because actually the cryptocurrency market is very strong right now, if someone says it will go to zero I never now think this can come true , because the transaction value with the current number is very large and we cannot stop this number and it will continue to increase even more in the future.

[Kasabus]

All people have their own opinions so some think that it must be a crush soon, others, on the contrary, are optimists gaining position. I know people who went short in spring when Bitcoin was 30 000$ before the increase to 60 000$, so we can only predict, but nobody can tell for sure. My prediction is a new bull run now and bitcoin for 100 000$ in December. This market is ruled by news.  

For me, market crash is not happening by now because the market is gaining more momentum to stay on a high price and when bull run finally started, this market will be very bullish soon. So i don't think we are expecting a market crash these days. Of course, it will still happen but maybe after a big break in crypto, its time for the market too to start dumping again.

So even if we think investing at the moment is not a perfect timing but since we are already expecting a bullish season in the next days or months then probably it will still be profitable if we decide to invest for long term.