Yaunfitda
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February 02, 2022, 11:30:06 AM |
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Let's just hope that your analysis about this bullish scenario will come into fruition, but I believe most of us here are having this "too good to be true" mindset. Last year, we're thinking that it's possible for Bitcoin to reach $100k, but it didn't happen. Predictions are predictions, so 99.99% of the time it isn't accurate at all because of no astronomical guaranteed returns. The price of Bitcoin and other cryptocurrencies right now are highly influenced by social media and news updates nowadays and how would traders react to that along with the mind games of these crypto whales. Always expect the unexpected.
Yeah, better had not to expect something big this year, specially on how things are shaping up this early. Last year beginning can't be compared to this year, last year we are still in the bull sentiments as the market is very positive and everyone is enjoying the run and build a good momentum to new all time high. And everyone is looking for that 6 digits that didn't happen at the end of 2021. And now things have change to worst as the market goes down to -50% of the last all time high. But what I am positive about this year is that more people are into crypto now. The market may be lower at the start of this year, but I have the feeling that later on, things will pick up. Of course, the strategy will depend on your financial capability. No one is obliging to spend their hard-earned money to something they don't fully believe in. But for those who are waiting this moment, they are happy to grab whatever they can. Well if this doesn't translate to the price then I would say that it could be a non-factor or least we will not feel it. I'm a bear market for this year, but I'm not closing the doors that maybe in the second quarter things might look good though and the price will hover around $50k. So that's good enough for me in a bear market not like today that in any moment the price could go down ~$30k and that is scary.
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the ghabbar
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February 02, 2022, 02:37:31 PM |
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The concept of a market journey is like that, corrections do not guarantee a price increase for every existing coin, but unlike bitcoin, almost every correction after that is pumped at high prices, at least that's what we often see, although sometimes it doesn't always work that way, conditions like this isn't necessarily bad or good, but things like this are common in the crypto journey, so be patient waiting for the correction to recover, then there's a moment when the pumping occurs to a greener path.
That is the secret that most people do not know. Just because we are in this market doesn't mean anything bad or good, it just means it is what it is. People try to read too much into the market and they end up losing money because of it, just ignore the current situation and focus on the fact that the future is bleak and undecided. The long term is usually always high for coins like btc and eth, some others? Not so much. So, pick the good ones and stay long and you should be fine. That's the condition of people in understanding cryptocurrencies, people don't try to find out in the long term, they react only in the short term, even though the potential for bitcoin, ethereum and BNB in the long term is quite good going forward, although currently correction is the biggest problem, but I think the condition This will change in the next few months, the question is, when the changes occur, which position will we be in, benefit or lose? The three coins you mentioned did experience good gains in the long term, but the correction phase also has an impact on these three coins for now, the possibility for future correction changes remains, but if you look at this month, then the potential is quite difficult, if you ask Regarding change, it really depends on the preparations we make today, if the strategy is good then we will enjoy the impact at the time of the change. There is a basis when mentioning these three coins have future movements, we can see how they have developed in the market in the past, so it is worth investing in, the correction phase is not any reference, the class of bitcoin can be very impactful especially other coins, a strategy is needed to run investment, without it investment would be meaningless, because usually more hype is generated in the market. The basis of the experience of the previous year becomes a source of reference for us in analyzing the development of several coins, the market has presented various phases of the coin's journey, corrections are inseparable in the market, therefore strategy and knowledge are very important in carrying out investments, hoping to profit from the hype is not the best solution for investing. yes, that's true, but not always last year's experience can be used as a reference for the following year, because the market can fluctuate until corrections and dumps actually occur, strategy and knowledge are concepts that must be made in carrying out investments, without it there is no the value of the investment that we run, let alone expecting big profits, because usually hype can turn red market conditions into green or vice versa. The current conditions are quite difficult to predict, fluctuating conditions and corrections are two things that are very difficult to control, the investment value is very much determined by the strategy made, if the preparation is mature and good, then the investment will produce maximum value, this is very necessary in current conditions, it is right to make a study and make a good assessment of the coins you want to invest. No one can control that, and don't expect there will be more stable conditions for now, the market has corrected for quite a long time, it's better to try to secure the assets we have than speculate that will harm us, do an assessment and study if we think the coin pastas and worth the investment now. Whatever the current situation, I still believe that next month there will be a recovery of the market, the correction has lasted for up to 3 months, this is a sign of an increase in some potential coins, which I estimate is Bitcoin, Ethereum and BNB, other than that these three coins are not that big of a risk. we will get, the problem of recovery is only a matter of time, so we remain optimistic that this will be achieved, especially since we have seen conditions like this in previous years. If you look at the past year price action for bitcoin, it is very much clear that bitcoin has a vey strong support at 30K and two times in the last year price has bounced from 30K to 64K and 69K respectiviliy. If bitcoin repeats the same pattern, then we may see another all time high in the summer of 2022 but we should know that price action do not always follow the patterns.
When the market will be near or at 30K, there will be extreme fear in the market and only the experienced traders will be able to buy at these tested support levels.
At least we have an initial source to make a study, even though the scheme will never be the same, but bitcoin's journey will never shift much from the previous year, meaning that this condition will continue according to the scenario of those who are able to control bitcoin going up or down, even though I not so experienced in trading in bitcoin, but until now still sure the future will be better.
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the ghabbar
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February 07, 2022, 04:37:41 AM |
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The concept of a market journey is like that, corrections do not guarantee a price increase for every existing coin, but unlike bitcoin, almost every correction after that is pumped at high prices, at least that's what we often see, although sometimes it doesn't always work that way, conditions like this isn't necessarily bad or good, but things like this are common in the crypto journey, so be patient waiting for the correction to recover, then there's a moment when the pumping occurs to a greener path.
That is the secret that most people do not know. Just because we are in this market doesn't mean anything bad or good, it just means it is what it is. People try to read too much into the market and they end up losing money because of it, just ignore the current situation and focus on the fact that the future is bleak and undecided. The long term is usually always high for coins like btc and eth, some others? Not so much. So, pick the good ones and stay long and you should be fine. That's the condition of people in understanding cryptocurrencies, people don't try to find out in the long term, they react only in the short term, even though the potential for bitcoin, ethereum and BNB in the long term is quite good going forward, although currently correction is the biggest problem, but I think the condition This will change in the next few months, the question is, when the changes occur, which position will we be in, benefit or lose? The three coins you mentioned did experience good gains in the long term, but the correction phase also has an impact on these three coins for now, the possibility for future correction changes remains, but if you look at this month, then the potential is quite difficult, if you ask Regarding change, it really depends on the preparations we make today, if the strategy is good then we will enjoy the impact at the time of the change. There is a basis when mentioning these three coins have future movements, we can see how they have developed in the market in the past, so it is worth investing in, the correction phase is not any reference, the class of bitcoin can be very impactful especially other coins, a strategy is needed to run investment, without it investment would be meaningless, because usually more hype is generated in the market. The basis of the experience of the previous year becomes a source of reference for us in analyzing the development of several coins, the market has presented various phases of the coin's journey, corrections are inseparable in the market, therefore strategy and knowledge are very important in carrying out investments, hoping to profit from the hype is not the best solution for investing. yes, that's true, but not always last year's experience can be used as a reference for the following year, because the market can fluctuate until corrections and dumps actually occur, strategy and knowledge are concepts that must be made in carrying out investments, without it there is no the value of the investment that we run, let alone expecting big profits, because usually hype can turn red market conditions into green or vice versa. The current conditions are quite difficult to predict, fluctuating conditions and corrections are two things that are very difficult to control, the investment value is very much determined by the strategy made, if the preparation is mature and good, then the investment will produce maximum value, this is very necessary in current conditions, it is right to make a study and make a good assessment of the coins you want to invest. No one can control that, and don't expect there will be more stable conditions for now, the market has corrected for quite a long time, it's better to try to secure the assets we have than speculate that will harm us, do an assessment and study if we think the coin pastas and worth the investment now. Whatever the current situation, I still believe that next month there will be a recovery of the market, the correction has lasted for up to 3 months, this is a sign of an increase in some potential coins, which I estimate is Bitcoin, Ethereum and BNB, other than that these three coins are not that big of a risk. we will get, the problem of recovery is only a matter of time, so we remain optimistic that this will be achieved, especially since we have seen conditions like this in previous years. You are too optimistic in conditions that haven't happened, there is nothing wrong when you believe it will happen, but I don't think it's too much, because when all that doesn't happen you will experience disappointment, and I also believe that bitcoin, ethereum and bnb will strengthen, but it is not certain when it will occur, considering that the market condition is still in the stage of severe correction. We can make a small analysis of when bitcoin, ethereum and BNB will strengthen, although there is no certainty when it will happen, optimism is a step to encourage, the most important thing is not to overdo it, personally I am not so worried about investments made in bitcoin, ethereum and BNB, because these three coins are the best for now, the only problem is the correction that becomes the price decline for now, be patient until the correction recovers. If you look at the past year price action for bitcoin, it is very much clear that bitcoin has a vey strong support at 30K and two times in the last year price has bounced from 30K to 64K and 69K respectiviliy. If bitcoin repeats the same pattern, then we may see another all time high in the summer of 2022 but we should know that price action do not always follow the patterns.
When the market will be near or at 30K, there will be extreme fear in the market and only the experienced traders will be able to buy at these tested support levels.
At least we have an initial source to make a study, even though the scheme will never be the same, but bitcoin's journey will never shift much from the previous year, meaning that this condition will continue according to the scenario of those who are able to control bitcoin going up or down, even though I not so experienced in trading in bitcoin, but until now still sure the future will be better.
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bitterguy28
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February 07, 2022, 08:29:40 AM |
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From the bearish conditions that we have experienced for almost the last month, we can see that the price of bitcoin is almost close to the $40k price level. As long as we don't find a large bearish candle, the bullish scenario for Bitcoin will still occur. The next projected bitcoin price target is around the $74k-$75k level. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F8AmQQsM.png&t=665&c=uFkG9X73wXclsg) If this scenario occurs then the current buy the dip will be very profitable. It maybe the scenario may happen but of course there is some chances that it wont happen that soon and yes we are now in some what bearish season , though there are Greens of 2 digits growth yet this is not enough to believe that there is bullish happening I think in the next coming months this will be decided if Bull is really coming this year or we will be in Bear for long .
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el kaka22
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February 07, 2022, 06:37:09 PM |
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We are getting obviously excited about the situation we are in right now, doesn't mean that we won't go down but just because there is that possibility doesn't mean that we should give it up. I know people are not really excited about the situation we are in right now but we should just be a bit more patient about it.
We saw such a HUGE increase last year, then a drop and then another huge increase so we are feeling like we haven't seen a good price for a while, people became a bit impatient and people reacted to it in a way where it wouldn't really be reasonable to react for any increase because we just missed those high prices and we are not even there, the possibility of it made us very happy.
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the ghabbar
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February 08, 2022, 06:40:25 AM |
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The concept of a market journey is like that, corrections do not guarantee a price increase for every existing coin, but unlike bitcoin, almost every correction after that is pumped at high prices, at least that's what we often see, although sometimes it doesn't always work that way, conditions like this isn't necessarily bad or good, but things like this are common in the crypto journey, so be patient waiting for the correction to recover, then there's a moment when the pumping occurs to a greener path.
That is the secret that most people do not know. Just because we are in this market doesn't mean anything bad or good, it just means it is what it is. People try to read too much into the market and they end up losing money because of it, just ignore the current situation and focus on the fact that the future is bleak and undecided. The long term is usually always high for coins like btc and eth, some others? Not so much. So, pick the good ones and stay long and you should be fine. That's the condition of people in understanding cryptocurrencies, people don't try to find out in the long term, they react only in the short term, even though the potential for bitcoin, ethereum and BNB in the long term is quite good going forward, although currently correction is the biggest problem, but I think the condition This will change in the next few months, the question is, when the changes occur, which position will we be in, benefit or lose? The three coins you mentioned did experience good gains in the long term, but the correction phase also has an impact on these three coins for now, the possibility for future correction changes remains, but if you look at this month, then the potential is quite difficult, if you ask Regarding change, it really depends on the preparations we make today, if the strategy is good then we will enjoy the impact at the time of the change. There is a basis when mentioning these three coins have future movements, we can see how they have developed in the market in the past, so it is worth investing in, the correction phase is not any reference, the class of bitcoin can be very impactful especially other coins, a strategy is needed to run investment, without it investment would be meaningless, because usually more hype is generated in the market. The basis of the experience of the previous year becomes a source of reference for us in analyzing the development of several coins, the market has presented various phases of the coin's journey, corrections are inseparable in the market, therefore strategy and knowledge are very important in carrying out investments, hoping to profit from the hype is not the best solution for investing. yes, that's true, but not always last year's experience can be used as a reference for the following year, because the market can fluctuate until corrections and dumps actually occur, strategy and knowledge are concepts that must be made in carrying out investments, without it there is no the value of the investment that we run, let alone expecting big profits, because usually hype can turn red market conditions into green or vice versa. The current conditions are quite difficult to predict, fluctuating conditions and corrections are two things that are very difficult to control, the investment value is very much determined by the strategy made, if the preparation is mature and good, then the investment will produce maximum value, this is very necessary in current conditions, it is right to make a study and make a good assessment of the coins you want to invest. No one can control that, and don't expect there will be more stable conditions for now, the market has corrected for quite a long time, it's better to try to secure the assets we have than speculate that will harm us, do an assessment and study if we think the coin pastas and worth the investment now. Whatever the current situation, I still believe that next month there will be a recovery of the market, the correction has lasted for up to 3 months, this is a sign of an increase in some potential coins, which I estimate is Bitcoin, Ethereum and BNB, other than that these three coins are not that big of a risk. we will get, the problem of recovery is only a matter of time, so we remain optimistic that this will be achieved, especially since we have seen conditions like this in previous years. You are too optimistic in conditions that haven't happened, there is nothing wrong when you believe it will happen, but I don't think it's too much, because when all that doesn't happen you will experience disappointment, and I also believe that bitcoin, ethereum and bnb will strengthen, but it is not certain when it will occur, considering that the market condition is still in the stage of severe correction. We can make a small analysis of when bitcoin, ethereum and BNB will strengthen, although there is no certainty when it will happen, optimism is a step to encourage, the most important thing is not to overdo it, personally I am not so worried about investments made in bitcoin, ethereum and BNB, because these three coins are the best for now, the only problem is the correction that becomes the price decline for now, be patient until the correction recovers. Many analyzes say that bitcoin, ethereum and BNB are the best coins today, there is nothing wrong with that analysis, but what is conveyed must be able to be used by many people including us. Then the question now, have we benefited from the three coins? If not, then these three coins do not have a good effect on the investments we make and in my opinion there are mistakes that we must correct, considering that under normal conditions these three coins are able to provide maximum results from the investments made. if we haven't found the benefits of the three coins, then it is pointless for us to continue discussing them, precisely because we are investing in these three coins that makes us continue to discuss and talk about future developments, everyone has an investment, and almost most people have BNB , ethereum and bitcoin, although in small amounts, this is what continues to encourage discussion and talk about future developments. If you look at the past year price action for bitcoin, it is very much clear that bitcoin has a vey strong support at 30K and two times in the last year price has bounced from 30K to 64K and 69K respectiviliy. If bitcoin repeats the same pattern, then we may see another all time high in the summer of 2022 but we should know that price action do not always follow the patterns.
When the market will be near or at 30K, there will be extreme fear in the market and only the experienced traders will be able to buy at these tested support levels.
At least we have an initial source to make a study, even though the scheme will never be the same, but bitcoin's journey will never shift much from the previous year, meaning that this condition will continue according to the scenario of those who are able to control bitcoin going up or down, even though I not so experienced in trading in bitcoin, but until now still sure the future will be better.
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