Gorosden (OP)
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November 10, 2021, 08:02:59 AM |
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
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asriloni
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November 10, 2021, 09:24:15 AM |
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past,
Agreed with your statement but it seems like some people may still try to deny the fact that even CEO of apply owned/invested in crypto. That proves that crypto becomes a reliable investment from day to the another day. The institutional investors are also increasing a lot since last year, remember that more countries have been preparing the draft to adopt bitcoin as legal tender. This news was very bullish but I don't know why there are some but it's not all of people that think the big dump will be coming again like what happened in 2018. They didn't even see the fact that happened in the market. Bitcoin is just getting bullish and we will break 70k for sure. if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
There will be no covid 2.0 and it's just rumour. Even if that will happen and that will give any impact to the crypto. I should remind you that all of activities that happened in crypto was online. Covid has nothing to do with crypto. This is just an old rumor. People in crypto know this so well. Just ignore those who are still using covid as a way to spread FUD.
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cryptoaddictchie
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November 10, 2021, 09:57:47 AM |
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
We can never tell I guess. Last bear market around 2019, every coin and token are in deep shit and that's the real struggle for long term. But I believe somehow that bear market wouldnt last anymore, as I see the great progress on crypto market and seems outside world are starting to realize that digital asset is the future which means that were still early for a wide global expansion and adoption.
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Coin_trader
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November 10, 2021, 10:02:35 AM |
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
Do you think that those whales and Institutional investors are dumbed enough to let others take profit on there money. Once this big institutional investors like gray scale liquidate there cryptocurrency, I'm sure many will react and this might give a worst dump of the history. We know how fast the crypto valuation went up so applying theory of relativity will give you the answer. I'm not an expert on this but I always assume worst so no matter what happened your funds will be safe. If the pump continues then I will still be happy since I didn't loss on the process compared on selling at the bottom price because you take a blind eye on the possibility.
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jeungo
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November 10, 2021, 10:15:45 AM |
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Trends are always volatile, and it is natural to expect that a very long upward trend should be replaced by the same downward and downward trend, profit taking. Conversion of some financial instruments to others, I think that very soon, against the backdrop of the electricity crisis in China, and the cold winter of 2021, we will see red rivers.
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Gozie51
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November 10, 2021, 10:19:03 AM |
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I think OP you are being funny with covid 2.0 But seriously you are right that we are going to see a difference in the correction pattern for this new adoption rate is going to have a new dimension to people's expectation to bear, it may last for short moment before the market continues on a new level. If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
Do you think that those whales and Institutional investors are dumbed enough to let others take profit on there money. Once this big institutional investors like gray scale liquidate there cryptocurrency, I'm sure many will react and this might give a worst dump of the history. The institutional hodlers usually don't have same mentality with individuals who just hodl few relative coins compared to the institutions. The individuals only want to do ROI on a short time but institutions have a longer time goal and so this may be a different time entirely.
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matjas
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November 10, 2021, 10:43:45 AM |
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Well 2021 really showed us how crypto changed since 2018, when everyone was just waiting for the crash which was inevitable to be honest. Now we still see huge fluctuations but world adoption is so spread out, that there is much less chance for such a huge drop. Imagine, how its gonna be in 5 years.
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DeathAngel
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November 10, 2021, 10:51:54 AM |
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We will break $100,000 per bitcoin this year, in the final few months. There will be another bear market though, it won’t be pretty but we’ll recover & enter another bull market after the next halving. I don’t think the 4 year cycles will end if I am honest.
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kryptqnick
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November 10, 2021, 11:23:46 AM |
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I think the price is going up too fast without proper periods of correction, and it's fueled by FOMO and media hype. That doesn't look good, and I believe it'll be natural for the price to crash and stay crashed for at least half a year. It can't just keep going up. At least, that's not what happened with Bitcoin before. I'm not sure about the long-term bear market... On the one hand, Bitcoin recovered from the 2018 crash, and this should be reassuring to investors (back in 2018 many thought it will never recover). On the other hand, the problem might be that once Bitcoin reaches a certain price like $100k, major investors might cash out and simply not care about Bitcoin anymore because they've reached their goals.
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Kelvinid
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November 10, 2021, 12:11:50 PM |
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
Well, we don't know and can't be sure that. It happens that we are optimistic and very hopefull for the coming year/s because of what it showed this year that it shocks us. But if we are in the bearish this year, I'm in no doubt that we are also thinking negative. But I think, you are right. Correction will come but can't be that long as people are also in a way of getting strong and not in panic unlike what we see in the past during 2018 bear season. This growing adoption makes this recovery so fast, it can't be an instant but not seeing it takes year like it happens before.
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Azar138
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November 10, 2021, 12:13:55 PM |
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
You are right. There are more people who are aware of crypto now, so I don't think that they will lose interest to crypto even when there is a bear market. They will continue working on it, but they will find other ways to make money. At least there will be holders who will not sell crypto in any way and there will be developers who will create new projects.
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super bako
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November 10, 2021, 12:18:58 PM |
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Trends are always volatile, and it is natural to expect that a very long upward trend should be replaced by the same downward and downward trend, profit taking. Conversion of some financial instruments to others, I think that very soon, against the backdrop of the electricity crisis in China, and the cold winter of 2021, we will see red rivers.
My thoughts are whether it will stay the same as the previous pattern, which is usually one of the first signs that the market is nearing a peak. Many people expect Bitcoin to hit 100k by the end of the year, which seems unlikely at this point unless we can break through the 69k resistance with some strength in the coming weeks. maybe it will be 100k by the end of the year
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RussianEnglishTranslation
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November 10, 2021, 12:32:48 PM |
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
Nobody knows for sure what will happen exactly except whales that control the market. The best that we can do is determine an exit strategy and sell as the market goes up and buy again as the market bottoms out. I personally have a portion of my funds that I cashed out in Ref Finance yield farming. That way it's still earning money regardless of what the market does and I can take funds out and sell them for USD when I'm ready.
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danherbias07
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November 10, 2021, 12:55:02 PM |
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It's good to hear optimistic sides but we never really know what could happen. We have seen the market go down without a big reason at all or events showing that it could be connected with the bear that was happening. I don't want to be the pessimistic one, but I mean don't relax just yet. There's a lot of possibilities the market will break down or a correction could happen. It's just better to always be ready when you want to pull out and buy back afterwards.
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adiebitsler
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November 10, 2021, 01:03:21 PM |
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
Now no one is talking about Covid because the handling has been very maximal and after all it has never affected all cryptocurrencies because everyone can only find cryptocurrency via the internet, not through the real world.
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Rakeshten
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November 10, 2021, 01:07:30 PM |
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Yes, you are absolutely right now there will be no big dump like past, we may see a little correction in the market maximum of 10-15%, no more than it. We may see 10-15% this week because there is a bearish divergence in the BTC 1D chart. So trade carefuly.
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JeffBrad12
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November 10, 2021, 01:23:54 PM |
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I hope that people will not be delusional again to think the price of crypto will be going to the bottom again. There are lots of things that have been changed. The day for the big discount will not come again and so many people keep saying that crypto will be going down again like what happened with 4-year cycle. That day will never come back again crypto has been discovering a new floor and it will be even higher than the old floor. i think that discussing that is not relevant again at this moment. Can you forget about covid? that's something that we should not feel worried about anymore. I hope that there will be no big dump again as so many people aware of the existence of cryptocurrency. So many big guy was also seeing crypto as an opportunity to be used for future investment. The bear market could happen anytime. This is how market works today. There will always be a chance for people to bought the dip but expecting bitcoin to go to the 20k again will be useless.
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eXtremal
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November 10, 2021, 01:38:14 PM |
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If covid 2.0 occurs isn't this good news for digital currencies? We will make this world a digitalization including money. That's where cryptocurrency will shine. I'm even thinking about adoption now. Cryptocurrencies will no longer experience a bear market, but there is only a prolonged correction in each positive market. I don't think 2018 will be inevitable in 2022.
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Jackl87
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November 10, 2021, 01:47:57 PM |
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If bear market is going to happen in 2022 it won't last long like the past because this adoption of a thing is 10x more stronger than the past, if you think that all crypto coins are going to lose 90% of their value again you are dreaming, oh unless Covid 2.0 happens
I still think that everything is possible in terms of market developments and that is especially true in the cryptospace because, as everyone knows, the crypto space is driven a lot by emotion and hype and not so much by logic and innovation a lot of times. Just look at all those stupid meme-coins that are appearing everyday. They have zero justification to exist but people still buy them. I agree with you here though because i also think that we won't see a bear market like the one from 2018 to 2020 again with prices that are going down like 95% from their ATH of the bullrun before. We will still see corrections but not so heavy ones.
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lvsca
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November 10, 2021, 01:54:19 PM |
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The adoption that took place this year was incredible. The beginning of bitcoin is back at the peak of his influential people like Elon Musk entering. And now some famous coin founders, such as CZ, justin, vitalik, eljaboom also always support the development of cryptocurrencies. Some giant companies, tesla, Microenergy also keep bitcoin to invest. It was so much different in 2017 that there were no influential supporters back then we only relied on a large community. Now, Cryptocurrencies will be difficult to enter a bear market. Always look in corrections to buy coins.
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