Snappycoco
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November 15, 2021, 03:24:09 PM |
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There are (as of now) 14029 cryptocurrencies listed in coinmarketcap.com. A case has been made (repeatedly) for the existence of a bubble in the cryptocurrency market. Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
Well it could but no one knows when and how. The volatility of crypto market is normal but it needs a major fud coming from personalities or governments. We saw recently how Evergrande's bankruptcy affects the market. As one of the biggest real estate company in China, its downfall affects crypto market even though it has no direct business with it. Now in the future, surely something would happen similar to this but I think market will still recover.
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macson
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November 15, 2021, 04:38:18 PM |
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There are (as of now) 14029 cryptocurrencies listed in coinmarketcap.com. A case has been made (repeatedly) for the existence of a bubble in the cryptocurrency market. Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
understand that no one can predict the market with certainty but the market is not always on top, there will be a day when the market crash. what we have to do is prepare ourselves for all the possibilities that happen to our investments in the crypto market.
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Hamphser
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November 15, 2021, 05:42:50 PM |
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There are (as of now) 14029 cryptocurrencies listed in coinmarketcap.com. A case has been made (repeatedly) for the existence of a bubble in the cryptocurrency market. Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
Im always anticipating for some market crash because this situation is something inevitable or couldnt really be stopped nor get rid of it but it depends on how people do about in the market. If we are seeing some strong good support then its less likely to happen but what if big investors/whales/institutions sell in one go? For sure we would really be seeing a big long red candle stick in the chart. Why im not worried? I had already secured out my profits when we did hit up all time highs and reserve out some funds for those kind of situations might happen.
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KennyR
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November 15, 2021, 06:00:51 PM |
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There are (as of now) 14029 cryptocurrencies listed in coinmarketcap.com. A case has been made (repeatedly) for the existence of a bubble in the cryptocurrency market. Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
Im always anticipating for some market crash because this situation is something inevitable or couldnt really be stopped nor get rid of it but it depends on how people do about in the market. If we are seeing some strong good support then its less likely to happen but what if big investors/whales/institutions sell in one go? For sure we would really be seeing a big long red candle stick in the chart. Why im not worried? I had already secured out my profits when we did hit up all time highs and reserve out some funds for those kind of situations might happen. Most of the large scale holders were the one who anticipate market crash. Small holders always look for bullish trend to continue. We're nearing the year-end which can make the market bullish or go downwards. Here short term traders were the one who get affected more, and the whales benefits out of all events. Most of the users have recorded their profits by now. Now everyone will be on the urge of making a new buy or sell depending on the market than accumulation.
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perfect999
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November 15, 2021, 09:53:04 PM |
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I see. Thank you all for the replies. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) So a market crash is not really expected any time soon, but it's possible, so better be prepared. Makes sense. One thing I learned last night (I'm on my third course so far. and downloading another 2) is that as many as 70% of altcoins can be scams. That's a huge percentage. Takes the "do your homework" mantra to a whole new level. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It also makes sense that, should there be a huge market crash, Bitcoin and the stronger altcoins (ethereum, BNB) would be the ones to survive, so it would be more of a purge than a crash. Guess that makes a strong case for sticking to the big ones, which I'm planning to do. There is, however, a small altcoin that I've been following (WOZX), mostly because their purpose is very dear to me. But, in any case, that's a project for the future. I'm gonna need to learn a whole lot more about crypto before even thinking on taking that kind of risk. It is certainly true that 70% of them scams. However you need to know why that much, one of the main reasons is that some of them are 100% scams, like project creators get your money and then run away with it. However there are also shitcoins that people who should not create a new project ended up creating a project and that is why we see them fail so obviously. We call them scams or shitcoins as well and that is included in that 70%. So, just because you trust some people to be legit and not going to steal your money, doesn't make the project any less harmful, they could also be people who are incapable of building a project and just sink right to ground anyway.
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Shasha80
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November 15, 2021, 10:12:36 PM |
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There are (as of now) 14029 cryptocurrencies listed in coinmarketcap.com. A case has been made (repeatedly) for the existence of a bubble in the cryptocurrency market. Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
understand that no one can predict the market with certainty but the market is not always on top, there will be a day when the market crash. what we have to do is prepare ourselves for all the possibilities that happen to our investments in the crypto market. Because if we have chosen the right coins for investment, when a market crash occurs, we just have to be patient holding the coins we have. Potential Coins will always recover quickly, even if we still have capital, when the market crashes we can buy more potential coins at low prices. I agree that it is important to be prepared when we decide to invest in crypto, so that we can face the bad things that will happen. Because market crashes and bull markets will keep happening over and over again, so we must have a strategy to be able to generate profits when investing in cryptocurrencies. My prediction is that a market crash may not happen in the near future, because there is still quite a lot of positive news emerging, and many investors are waiting for the end of this year to see their coins rise to the top. So now is the right moment to collect coins that we consider potential, because at the end of this year we can see the market will pump high.
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arwin100
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November 15, 2021, 11:49:44 PM |
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I see. Thank you all for the replies. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) So a market crash is not really expected any time soon, but it's possible, so better be prepared. Makes sense. One thing I learned last night (I'm on my third course so far. and downloading another 2) is that as many as 70% of altcoins can be scams. That's a huge percentage. Takes the "do your homework" mantra to a whole new level. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It also makes sense that, should there be a huge market crash, Bitcoin and the stronger altcoins (ethereum, BNB) would be the ones to survive, so it would be more of a purge than a crash. Guess that makes a strong case for sticking to the big ones, which I'm planning to do. There is, however, a small altcoin that I've been following (WOZX), mostly because their purpose is very dear to me. But, in any case, that's a project for the future. I'm gonna need to learn a whole lot more about crypto before even thinking on taking that kind of risk. It is certainly true that 70% of them scams. However you need to know why that much, one of the main reasons is that some of them are 100% scams, like project creators get your money and then run away with it. However there are also shitcoins that people who should not create a new project ended up creating a project and that is why we see them fail so obviously. We call them scams or shitcoins as well and that is included in that 70%. So, just because you trust some people to be legit and not going to steal your money, doesn't make the project any less harmful, they could also be people who are incapable of building a project and just sink right to ground anyway. Certain misconception of other people is they think about earning a huge profit if they hold those tokens for long term but unfortunately it was been rug and the dev flew away without even saving their project that's why for this kind of situation especially when we are in crypto better do a invest and run scheme when we are already in profit then find another better project especially with those BSC shit tokens or any other new one. But if we talk about BTC then its good to hold it but if you cannot afford better to short trades since this is a smart move for any low ball traders to do.
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AicecreaME
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November 16, 2021, 08:23:34 AM |
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There are (as of now) 14029 cryptocurrencies listed in coinmarketcap.com. A case has been made (repeatedly) for the existence of a bubble in the cryptocurrency market. Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
I don't really expect a market crash anytime soon but I am well aware of how crypto works, hence I think we will see some price corrections and adjustments depending on their specific positions. It's totally normal for price corrections to happen in crypto because as we all know, crypto is volatile and it's really unpredictable. The trend and movement of the market could either pump or dump depending on the market demand and some external factors such as projects, news announcements, and updates, so it's advisable to always be on your guard if ever you are trading because a very short span of time could either make or break what you risked. Perhaps, just like what you always hear or read, I also advise you to only invest what you can afford to lose and diversify as much as you can so that when things go bad, you won't be regretting big time. You should do risk assessment and management every time you want to enter some coin. In addition, you must do your own background checking to know if the coin is worth it, so you won't be crying if ever a sudden dump happens. Know when to take profit and when to cut loss. Study technical analysis and other strategies to gain from crypto and do not only rely on hearsays.
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19Nov16
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November 16, 2021, 10:32:26 AM |
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Crypto is currently very active, the daily transaction volume reaches more than $150 billion and I'm sure it will continue to increase as more companies and millionaires invest in bitcoin, of course this cannot guarantee that the future of crypto will continue to prosper and if the market crashes then we have to be ready and anticipate so that we don't lose too much then selling when we get a big profit is the best solution.
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LogitechMouse
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November 16, 2021, 11:12:53 AM |
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There are (as of now) 14029 cryptocurrencies listed in coinmarketcap.com. A case has been made (repeatedly) for the existence of a bubble in the cryptocurrency market. Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
Yes and I know that many are also expecting for a market crash anytime. Since the start of the pandemic, we've seen cryptocurrency going up and up though we almost saw the market going to a bear market when Bitcoin went below the $30,000 price. I believe that the next crash of the market will be the start of the bear market. When it will happen? We don't know when it will happen but just be ready because when it happens most of the investors aren't ready for it (including me when I'm still starting).
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davis196
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November 16, 2021, 11:39:18 AM |
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There are (as of now) 14029 cryptocurrencies listed in coinmarketcap.com. A case has been made (repeatedly) for the existence of a bubble in the cryptocurrency market. Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
A price crash is always to be expected.Multiple bubbles have been formed in the past and more price bubbles will be formed in the future.I'm not talking about the cryptocurrency market only.All financial markets are forming price bubbles in one way or another.There's nothing wrong with that.You should blame the central banks and their endless money printing for the formation of price bubbles. There's nothing wrong with having a price crash.Price crashes are a way for the markets to return to a healthier condition. There are 14029 coins and tokens listed on coinmarketcap,but 99% of them are dead shitcoins with almost no daily trading volume. The large quantity of shitcoins/tokens has nothing to do with any upcoming potential price crash,since most of them aren't active at all.
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judaspriest
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November 16, 2021, 11:43:06 AM |
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Crypto is currently very active, the daily transaction volume reaches more than $150 billion and I'm sure it will continue to increase as more companies and millionaires invest in bitcoin, of course this cannot guarantee that the future of crypto will continue to prosper and if the market crashes then we have to be ready and anticipate so that we don't lose too much then selling when we get a big profit is the best solution.
The development of cryptocurrencies in the last 3 to 5 years is really significant, many large companies are interested in crypto and of course this is a positive step for crypto itself, indeed there is no guarantee but seeing the development so far I don't think crypto will be abandoned
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michellee
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November 16, 2021, 01:54:18 PM |
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Crypto is currently very active, the daily transaction volume reaches more than $150 billion and I'm sure it will continue to increase as more companies and millionaires invest in bitcoin, of course this cannot guarantee that the future of crypto will continue to prosper and if the market crashes then we have to be ready and anticipate so that we don't lose too much then selling when we get a big profit is the best solution.
The development of cryptocurrencies in the last 3 to 5 years is really significant, many large companies are interested in crypto and of course this is a positive step for crypto itself, indeed there is no guarantee but seeing the development so far I don't think crypto will be abandoned The people will not abandon it as they see the potential of crypto to help them make money, which is already happening for some people who can get rich from crypto. But we will still see the fluctuating crypto price and that will always happen. Like today, the bitcoin price is down for more and makes most coins is down too. Hopefully, it will not continue to go down, instead of getting up and reaching the high price.
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bosede1
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November 16, 2021, 02:00:42 PM |
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I don't think I want to bother my precious mind with a market crash or anything negative related to it, after my investment into the coin of my choice after a long survey, I hold for a long time whatsoever happens I know I will get my profit at the longrun.
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geegaw
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November 16, 2021, 02:49:05 PM |
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Crypto is currently very active, the daily transaction volume reaches more than $150 billion and I'm sure it will continue to increase as more companies and millionaires invest in bitcoin, of course this cannot guarantee that the future of crypto will continue to prosper and if the market crashes then we have to be ready and anticipate so that we don't lose too much then selling when we get a big profit is the best solution.
To be honest, I feel that losing too much is just because of the way we choose projects, for projects that are not really good and are just short-term fast food, a future market crash could knock their name off the line of history, but for big and serious projects, collapse is just like a tree falling across the road, just need to work together to push that tree to the sidewalk or take a detour, the future is still prosperous with this market. This market has operated on a large scale and is no longer a regular retailer, collapse only makes them regenerate and generate new initiatives, cannot bring the market to the conclusion of bankruptcy.
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jaberwock
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November 16, 2021, 03:15:15 PM |
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I don't really expect a market crash anytime soon but I am well aware of how crypto works, hence I think we will see some price corrections and adjustments depending on their specific positions. It's totally normal for price corrections to happen in crypto because as we all know, crypto is volatile and it's really unpredictable. The trend and movement of the market could either pump or dump depending on the market demand and some external factors such as projects, news announcements, and updates, so it's advisable to always be on your guard if ever you are trading because a very short span of time could either make or break what you risked.
I also do not expect a market crash, but I do have my stop loss ready for just in case. I am not planning on selling at all, so my stop loss is at 30k and that will probably not get hit but if it does then I will be ready, and I will probably can't keep myself and buy a lot quicker as well, like literally right at 28k or something, I have no idea why I even have a stop loss because I just like to do the right thing but that's it. When that is over I will probably invest some more and deposit some fiat, it would be hurting my finances a lot since I am not in a financial situation to buy more, but I love bitcoin so much that I am willing to have few hard months (which is normal in this day and age) and then I will back to normal anyway. However if things go as well as planned, I am expecting 75k+ to be breached before 2022 comes and 100k+ sometime in 2022, that would be awesome.
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Falconer
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November 16, 2021, 03:16:10 PM |
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I think the market is completely dependent on the price of bitcoin because we all know that the dominance of bitcoin in the market is over 40%. If the capitalization of bitcoin increase then the market cap also increases due to the gradual rise in altcoin. In the last 24 hours there has been a price correction which caused the bitcoin price to drop to $59K which is the lowest level since hitting ATH $69K. It didn't take long for the rebound to happen again and by the time I'm writing this post the bitcoin price is already $61K again.
There are message we can take from how the price of bitcoin move up and down in the short term over time and one of them is don't expect the market to crash without a recovery process. Look at historical fact, bitcoin will never be destroyed because the demand will increase once people start buying a lot even during a pandemic.
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Leviathan.007
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November 16, 2021, 08:19:28 PM |
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First, before everything, don't forget everything is possible especially if you are talking about the financial market and especially if you are talking about the crypto market, talking about the cryptocurrency market, after all these, we know the market was bullish for months so that's normal so see a bigger price correction and that's normal to see some people panic there and then we can see waves of people doing panic sell and this panic sell can make a market crash but this crash will make the market ready for higher targets in the future.
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Issa56
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November 16, 2021, 08:31:58 PM |
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From my experience definitely I believe there will be market crash in the nearest future but I believe it will definitely recover, the reason why I believe the market will crash is that government is not really in support of bitcoin and cryptocurrency in general so they will definitely look for a way which they will always crash bitcoin but I believe bitcoin have come to stay.
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cute nmp
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November 16, 2021, 10:08:20 PM |
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Of course I expect a market crash to happen in the future.For now we are in a healthy and bullish situation with BTC breaking it's all time high and altcoins increasing rapidly in their prices.After every successful bullish market there is a bearish and we should expect that in the future.
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