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Author Topic: Is the market going to dump like that 2018?  (Read 608 times)
Husires
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December 14, 2021, 05:30:05 PM
Merited by DarkDays (1)
 #21

If the price follows the previous approach, a correction will occur by 60% to 90% during the next 12 months, specifically in less than 4 months, which is an ideal opportunity to buy after determining where is the top and new ATH that the price will reach to determine to what extent the price will collapse.



Therefore, assuming the price collapse is due to the insanely high price assumption. If the price does not rise, this means that we will settle in the range of 30k to 70k for several years.

So, if the price break 100k then we will have new price above of 20k at any case which is good for long term hodling to 1M.



Anyone who wants to hold Bitcoin for more than 10 years should not worry about current changes.

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December 14, 2021, 07:47:41 PM
 #22

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 
No one could actually know on where we do heading up because market is truly unpredictable and cant be known on where price could go because it will always vary with the demand and also it is just normal that there would be always a losing side of things if someone do make out some big profits on the other side and its been always like that.
We cant just have a market that would be always having that upward movement of price kind of behavior because it wont be called a market on the first place if
it does have that kind movement in the first place thats why you should bare or deal with it.

R


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DarkDays
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December 14, 2021, 08:15:02 PM
 #23

If the price follows the previous approach, a correction will occur by 60% to 90% during the next 12 months, specifically in less than 4 months, which is an ideal opportunity to buy after determining where is the top and new ATH that the price will reach to determine to what extent the price will collapse.



Therefore, assuming the price collapse is due to the insanely high price assumption. If the price does not rise, this means that we will settle in the range of 30k to 70k for several years.

So, if the price break 100k then we will have new price above of 20k at any case which is good for long term hodling to 1M.



Anyone who wants to hold Bitcoin for more than 10 years should not worry about current changes.


Interesting visual that highlights how with every halving Bitcoin has done more than a doubling. The concept is clear, anyone looking to hold Bitcoin for more than 5 years should not worry about the small bumps on the long road as these are temporary - history has shown that this is the case.

In a way, I like how reassuring this is for long-term holders and making the short-term traders aware of the possible scenario we may descend into for the next few months.
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December 14, 2021, 09:18:20 PM
 #24

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 
No, right now market is showing some recovery and it might be for the news of Elon Musk announcement about accepting dogecoins for spacex. When some positive news hit the market, it may attract investors for all the cryptos including bitcoins. Usually people do arrive into this crypto space after got convinced about bitcoin's potential but they may choose altcoins as well in the end due to diversification reasons.

Similarly crypto space may enter into bullish mode after there is a positive news for dogecoins/altcoins. I guess the next two weeks of this year must be too crucial on deciding about the trend of 2022. Hopefully we will have another stronger bullish rally in 2022.

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December 14, 2021, 09:58:21 PM
 #25

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 
I can suggest that you should act properly, know what to do by analyzing the market and by this, you can have the decision either to buy or to keep on holding. We are already in a bear market and we don’t know the bottom of this one so be prepared always, and never to panic because its not healthy. The market is still good though, hopefully not to drop that much just like in 2018.
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December 14, 2021, 10:17:03 PM
 #26

I don't really understand which way the market is going or will go. What do you suggest in such a situation? 
It is a need for you now to understand how risky is crypto investing. Not all the time it went well and profiting, sometimes we got lost due to wrong entry and sudden drops. It is found natural for someone to feel bad after seeing their portfolio drop but if you just hold and never sell them, it surely comes back once the market recovers. All you need to do is to have some faith and wait.

Just forget about 2018, it never happens again.

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December 14, 2021, 10:31:08 PM
 #27

My suggestion is for you to keep hodling the coins you already have in your portfolio. Don't think of selling any of them because the market will surely bounce back by next year. Your money is not lost. Just hold on and be patient the market will shine back.
You can't be rich in crypto if you don't learn how to hodl tokens

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December 14, 2021, 10:36:03 PM
 #28

My suggestion is for you to keep hodling the coins you already have in your portfolio. Don't think of selling any of them because the market will surely bounce back by next year. Your money is not lost. Just hold on and be patient the market will shine back.
You can't be rich in crypto if you don't learn how to hodl tokens
But this would be only applicable into those coins which are having that potential and not really that an assurance if you do deal off with altcoins.

Be sure that you had put up your investment on the right spot or else you would be ending up on holding into something which you dont even know

if it would rise up its price in the future or would totally be that stagnant no matter how long you've been holding.So its a personal choice!

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December 14, 2021, 11:43:20 PM
 #29

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?  
If you have held potential coins, then that's good to hold for a while since we're in a bloody stage market situation.  
The reason that you have a huge loss a lot is just because you don't have proper management of your asset which is turn into being trapped while the market has been dropped and AFAIK, most traders in this situation will most likely take a break for a while.

No, I feel a positive vibe that the market will never be the same as before.  We gained a lot of investors even those institutional or individual investors and some factors of there are few countries making Bitcoin legal tender and I don't think there will be a huge drop like hitting almost in the ground.

However, holding long-term is less risky and you don't need to have a patient.  Look, just imagine if you have bought last few 5 years ago and I don't know much your profit now.
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December 14, 2021, 11:56:29 PM
 #30

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?  

The market situation was too hard to predict, we were in the midst of downturn and for me the correction was just temporary as long as green signals started to show inspirations. Having a serious monitoring should be done in order to avoid missing out some pumps during recovery period of our coins. Right now, market fluctuations had been doing great while others who patiently waiting grab this chance while price take a leap.

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December 15, 2021, 12:31:00 AM
 #31

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?  

The market situation was too hard to predict, we were in the midst of downturn and for me the correction was just temporary as long as green signals started to show inspirations. Having a serious monitoring should be done in order to avoid missing out some pumps during recovery period of our coins. Right now, market fluctuations had been doing great while others who patiently waiting grab this chance while price take a leap.

The market is testing how weak hands act when the bear comes near, it sure will panic a lot of them who thought buying at $50 will make them richer when BTC goes to the presumed price of $100K by the end of the year. If big institutions will just sell, the price will probably drop below $20K. We can't tell when they will do it so, just keep your fingers crossed they won't. It will really be sad to see it happen when people see inflation today and thier crypto investment gone.

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December 15, 2021, 01:53:34 AM
 #32

My suggestion is for you to keep hodling the coins you already have in your portfolio. Don't think of selling any of them because the market will surely bounce back by next year. Your money is not lost. Just hold on and be patient the market will shine back.
You can't be rich in crypto if you don't learn how to hodl tokens
That's the right thing to do most of the time but if you don't have any other means to make money, by all means try to get some money out of your investments if you need it direly and if you've made a significant profit. I would also like to add that people should start saving fiat too or some USDT in the case of prices plummeting real low, you can actually buy at a really low price, people seem to forget the part "buy low" in the popular advice.
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December 15, 2021, 01:54:10 AM
 #33

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?  

The market situation was too hard to predict, we were in the midst of downturn and for me the correction was just temporary as long as green signals started to show inspirations. Having a serious monitoring should be done in order to avoid missing out some pumps during recovery period of our coins. Right now, market fluctuations had been doing great while others who patiently waiting grab this chance while price take a leap.

The market is testing how weak hands act when the bear comes near, it sure will panic a lot of them who thought buying at $50 will make them richer when BTC goes to the presumed price of $100K by the end of the year. If big institutions will just sell, the price will probably drop below $20K. We can't tell when they will do it so, just keep your fingers crossed they won't. It will really be sad to see it happen when people see inflation today and thier crypto investment gone.

We know which one weak hand and has diamond hand when bitcoin and altcoin still dump, I loss opportunity with many my altcoin assets back to lower price and keep holding, maybe if have saving and much money right now I will buy back with many altcoin as my portfolio and potential back to higher price, always bigger chance with bitcoin and altcoin price dump when I have entry and buy many altcoin.

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December 15, 2021, 03:24:06 AM
 #34

It depends on the community and the investors, today there's a problem due to having a covid and the economy goes down also the coins goes dump it depends to them if they want to make an investment like that year many people sell their assets because every pump there's a dump and of course these people know what they do because they have plans to prevent losing their assets. I will risk my assets in bitcoin than the altcoins.

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December 15, 2021, 07:03:21 AM
 #35

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 
Market will not crash like 2017. market now in under last correction of this year. The market will rise again. at this situation you should hold your crypto. I am also a losser. At this situation  I am losing more than $10,000 The price of all my coins has dropped by 50%+ But I'm not afraid. I believe  It will  recovery again and very soon

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December 15, 2021, 07:14:41 AM
 #36

My suggestion is for you to keep hodling the coins you already have in your portfolio. Don't think of selling any of them because the market will surely bounce back by next year. Your money is not lost. Just hold on and be patient the market will shine back.
You can't be rich in crypto if you don't learn how to hodl tokens
That's the right thing to do most of the time but if you don't have any other means to make money, by all means try to get some money out of your investments if you need it direly and if you've made a significant profit. I would also like to add that people should start saving fiat too or some USDT in the case of prices plummeting real low, you can actually buy at a really low price, people seem to forget the part "buy low" in the popular advice.
As long as he can hold his coins and not try to sell at a low price, he will have a chance to sell the coins at a high price, especially if the coin is bitcoin because we know that bitcoin will increase higher and will have the opportunity to hit the next ATH. Saving in the USDT form will be a good idea because when many potential coins are down, they can directly buy using USDT to have the chance to sell it back at a high price. USDT could be a good way to save their money value before converting it into bitcoin or altcoin later.



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December 15, 2021, 09:45:51 AM
 #37

I don't really understand which way the market is going or will go. What do you suggest in such a situation? 
It is a need for you now to understand how risky is crypto investing. Not all the time it went well and profiting, sometimes we got lost due to wrong entry and sudden drops. It is found natural for someone to feel bad after seeing their portfolio drop but if you just hold and never sell them, it surely comes back once the market recovers. All you need to do is to have some faith and wait.

Just forget about 2018, it never happens again.
I also feel that this is a common thing, however the fluctuations in the crypto world are very fast especially bitcoin.
other than that, the current situation is very clearly different from 2018. we know that currently the support of bitcoin is very large. if you feel lost, you can sell your assets, or wait for new opportunities in the coming year. personally, I'm still optimistic about the new ATH in 2022.

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December 15, 2021, 10:11:12 AM
 #38

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 
I suggest that you should not panic and just trust crypto to recover.

The price may be the same in 2018, but look at what happened in 2021.. those who hold until this year is happy with their profit. Just imagine, you can buy bitcoin below $20k that time and now we can sell at the current price, that's a huge profit already.

Just be smart all the time, choose the right strategy as crypto will stay volatile and bitcoin always recovers from dump.

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December 15, 2021, 01:13:14 PM
 #39

Actually trading mean is that selling and buying so there will be always loses as well as profit. But remember one thing that if market is high in value then never have to buy your coin this is because you will waste all of your money. You have to complete focus on the market as you know that it is not stable. The cause of your loss can be the lacking of concept about the market. I think that the market will be pump in january. So if market is dump then try to buy good coins and hold it.

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December 15, 2021, 02:46:23 PM
 #40

now it is very much different from 2018 from many things that make the big dumps that happened in the past will not happen again in my opinion, in terms of trading volume and also the interest of many people in crypto at this time makes it very unlikely that this will happen again.
at the moment the market correction is happening I think it's a natural thing in a market where the crypto market is experiencing rapid price movements after a big pump happened a while ago, so now the market is bearsh.

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