stomachgrowls
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January 26, 2022, 10:59:08 PM |
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one one hand we have Omicron and the mark that it is leaving on the world economy. on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.
i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).
do you think January and possibly February could be the Fearuary months?
I think that is a pretty fair statement to make. There is virtually no bullishness left in the marketplace, which is fair enough given that you are looking at a stage in the bull market without much new money. It's really just a zero sum game right now, with people trading against people. Definitely expect more dumps to come in the next few months. I think that markets are fatigued and the path down faces much less resistance than the path up right now. I can see that the market has not recovered totally, so more likely that this current dump will still be happening in the next 2-3 months from now. But there are no reasons to be fearful this time as we are also in a big opportunity right now to buy more bitcoin and established altcoins. In fact, based on my own experiences, while others are fearful, one should be more greedy to accumulated more. That helped me a lot to never get panic and self pity because i have never been losin all this time, and i get all the chances to fill my bag with coins with great potentials. Neither would takes time or would really recover directly because this market could give out direct assurance whether it could rise up its price after a dump but at least we are seeing some progress in terms of recovery which do matter the most.For you as an investor and wont easily freak out then you should expect the unexpected considering that this is how the market works. Fear,anxiety,bogglig mind and confusion could really be felt anytime on various market conditions and this is where experience does count on certain individual.You wouldnt survive if you dont able to cope up that well specially with your emotions.
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Shasha80
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January 26, 2022, 11:01:37 PM |
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From December and January looks fear months and I hope next February as happy month for investor and cryptocurrency holder. I want get back my money after loss much when bitcoin and altcoin dump, waiting next month and really hope never have bad news or some one make FUD with bitcoin and altcoin. Tired with every month have bad news and country make FUD with bitcoin and altcoin price dump because they are really bad thing for cryptocurrency.
Entering the year 2022 we have been surprised by price movements in the market which are quite scary, right now we don't even see any signs the market will improve and even today bitcoin crash again which caused its price to drop to $33,700 and this may not be the lowest price level yet in January. We all hope that the market will improve soon, but we should use the current downward momentum to increase the assets we have at a low price, so that when prices start to improve, we can at least get a profit from the assets we buy now. Actually, if we think about it again, what happened at the beginning of 2022 is very natural. We have seen how in 2021 almost all coins experience a bullish trend, even some coins break record highs. So we can't expect the crypto market to continue to rise without a price decline, that's the crypto cycle, if there is a bullish trend and then there will be a bearish trend. So instead of panicking and fearing the current bearish trend, why don't we do something positive, like collect some potential coins. Because what is happening now actually provides an opportunity for us to buy coins at low prices, so don't waste this opportunity. As long as we choose the right coins for investment, there is no need to be afraid of the bearish trend, because the next bullish trend will definitely come. We really just need to be patient when investing in crypto to be able to make big profits.
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bakasabo
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February 01, 2022, 07:12:20 AM |
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Every month is a fear month. When the prices go down, people fear of loosing money. When prices go up, people fear of loosing profit. When crypto newcomers see a slight drop, they fear loosing money. When there is stagnation or market being flat, people fear of doing nothing to increase value of their portfolio. Even those who hold and set a goal of selling when the price hits X, or hold for Y years, from time to time check their wallets and balances. That is feeling fear too. Those who start to develop a project, fear of failing. Every day is a day of fear, and you ask about months.
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btc_angela
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February 02, 2022, 02:53:19 PM |
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Every month is a fear month. When the prices go down, people fear of loosing money. When prices go up, people fear of loosing profit. When crypto newcomers see a slight drop, they fear loosing money. When there is stagnation or market being flat, people fear of doing nothing to increase value of their portfolio. Even those who hold and set a goal of selling when the price hits X, or hold for Y years, from time to time check their wallets and balances. That is feeling fear too. Those who start to develop a project, fear of failing. Every day is a day of fear, and you ask about months.
True, but in a bull cycle, most likely the price is going to spike in the coming months. As compare to a bear market when the chances are high for the price to go on a downward spiral just like what we are experiencing since December of 2021. So it's a more than 2 months already of the price going down. So February continues to be a fear month and so is the other months unless we will somewhat recovered to $50k, in my opinion.
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StreakW
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February 02, 2022, 07:36:09 PM |
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In my opinion, in February to March there may be so much fear because there is the potential for a rate hike by the Fed to be one of the factors behind the recent decline in bitcoin prices. The current price decline will continue considering that the new Fed's tapering will occur in March. Moreover, the current lack of positive sentiment in the crypto market has also had an impact on the bearish trend.
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stomachgrowls
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February 02, 2022, 08:32:39 PM |
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In my opinion, in February to March there may be so much fear because there is the potential for a rate hike by the Fed to be one of the factors behind the recent decline in bitcoin prices. The current price decline will continue considering that the new Fed's tapering will occur in March. Moreover, the current lack of positive sentiment in the crypto market has also had an impact on the bearish trend.
Fundamentals is something not an assurance that other market sentiments would really be having such impact or correlation here on crypto market thats why i dont really mind much about these events but eventually they do really somewhat had that impact but now one knows on whats happening behind the curtains thats why its not that precise for you to rely on. Fear months would be always lurking in the corner since we know that this market is unpredictable then neither technical or fundamentals could be fucked up.
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rby
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February 04, 2022, 09:47:14 AM |
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In my opinion, in February to March there may be so much fear because there is the potential for a rate hike by the Fed to be one of the factors behind the recent decline in bitcoin prices. The current price decline will continue considering that the new Fed's tapering will occur in March. Moreover, the current lack of positive sentiment in the crypto market has also had an impact on the bearish trend.
The fear is already everywhere in the market. People are believing that btc may settle at somewhere $25k and the fear will continue till green light is seen. But saying that btc will still be going down is a fearful thing to hear because people are buying it much already at this time. But the many people that are buying are buying with fear and they are buying with part of their budget so that they will be at the safer side.
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btc78
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February 04, 2022, 11:39:57 AM |
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In my opinion, in February to March there may be so much fear because there is the potential for a rate hike by the Fed to be one of the factors behind the recent decline in bitcoin prices. The current price decline will continue considering that the new Fed's tapering will occur in March. Moreover, the current lack of positive sentiment in the crypto market has also had an impact on the bearish trend.
So what would you called the January? when the price drops down to below 30k? isn't the fear month also because the problem about Russia and Ukraine is taking place? well at least we have been seeing the market now as recovering and slowly getting up again. Every month is a fear month. When the prices go down, people fear of loosing money. When prices go up, people fear of loosing profit. When crypto newcomers see a slight drop, they fear loosing money. When there is stagnation or market being flat, people fear of doing nothing to increase value of their portfolio. Even those who hold and set a goal of selling when the price hits X, or hold for Y years, from time to time check their wallets and balances. That is feeling fear too. Those who start to develop a project, fear of failing. Every day is a day of fear, and you ask about months.
how can you call every month is fear month when there are months that continuously increasing? like in November last year?
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Chato1977
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February 04, 2022, 11:42:36 AM |
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Fear is always in the Heart and mind of weak investors so this will be depending if whom we are talking about.
if this is about the HODLERS? then fear is nothing , but for those who are seeking for quick bucks, then yes they have fear in high level each day.
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Slow death
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February 04, 2022, 01:37:50 PM |
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one one hand we have Omicron and the mark that it is leaving on the world economy. on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that. some people have associated this price drop with the omicon, but why doesn't the price go up now that they are getting used to this variant? in my opinion the price just dropped because the strong resistance didn't break and there was selling pressure do you think January and possibly February could be the Fearuary months?
I don't believe that February is a month of fear, the price will recover, just be patient
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poldanmig
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February 04, 2022, 02:27:27 PM |
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Fear is always in the Heart and mind of weak investors so this will be depending if whom we are talking about.
if this is about the HODLERS? then fear is nothing , but for those who are seeking for quick bucks, then yes they have fear in high level each day.
There is certainly fear and panic, but I think those who have understood how the market performs will certainly not experience excessive fear, most institusi investors and holders will usually only choose bitcoin and altcoins that have strong fundamentals as their assets, so that when the market entering the worst phase like now maybe they will be more patient and save their assets until the market recovers.
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darewaller
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February 04, 2022, 08:34:14 PM |
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Fear is always in the Heart and mind of weak investors so this will be depending if whom we are talking about.
if this is about the HODLERS? then fear is nothing , but for those who are seeking for quick bucks, then yes they have fear in high level each day.
There is certainly fear and panic, but I think those who have understood how the market performs will certainly not experience excessive fear, most institusi investors and holders will usually only choose bitcoin and altcoins that have strong fundamentals as their assets, so that when the market entering the worst phase like now maybe they will be more patient and save their assets until the market recovers. Most people who have been here for a while already realized the situation. I mean it is basically just a boring thing right now for me, because it is like third or so that I am seeing the same thing happening. Plus this time around it is actually quite high and I am in profit so it is a bit different in a happy sort of way for me. This is why I do not really end up caring about the situation, who cares about the drop when you are in profit and know that it will go up in the long run? I have seen it drop as much as 80%+ before and it did not impacted my life, I am guessing that the same will happen once again, it always ends up in the high prices and it will end up in the high prices once again. When you know that 100k+ is coming, sooner or later, then you wouldn't worry about it neither, because that is what we are all dreaming about and it will happen eventually.
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Quidat
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February 04, 2022, 11:36:55 PM |
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Fear is always in the Heart and mind of weak investors so this will be depending if whom we are talking about.
if this is about the HODLERS? then fear is nothing , but for those who are seeking for quick bucks, then yes they have fear in high level each day.
There is certainly fear and panic, but I think those who have understood how the market performs will certainly not experience excessive fear, most institusi investors and holders will usually only choose bitcoin and altcoins that have strong fundamentals as their assets, so that when the market entering the worst phase like now maybe they will be more patient and save their assets until the market recovers. The ones who do have experience are the ones who could really make out some good control of their finances or investments in general since they are aware on how things works and what are the things should be done on times like this because we cant just have a market that would have continuous rise and those fear months could really happen and as a human being you would really be having these kind of reactions but with due experience you could handle it out.What matter most here is to sustain yourself on any circumstances.
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STT
Legendary
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Leading Crypto Sports Betting & Casino Platform
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February 04, 2022, 11:59:22 PM Last edit: June 12, 2023, 12:10:54 AM by STT |
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Fear should be over at this point, its broken the trend of falls since the ATH and has started some process of recovery. Both the recent bottom pin candle on the chart and also todays break upwards was done with good volume to it.
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TravelMug
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February 05, 2022, 01:29:55 AM Last edit: October 19, 2023, 03:59:07 AM by TravelMug |
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Fear should be over at this point, its broken the trend of falls since the ATH and has started some process of recovery. Both the recent bottom pin candle on the chart and also todays break upwards was done with good volume to it. For the meantime yeah, the price has broken the trend line and up to $41k, very interesting movement this early February so hopefully this is a momentum shift for us. So we will see where the break out run will go, it's weekend which tend to slow down the trading, but I don't see it that way, investors are still going to be active at this point and could push the price even further.
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TheEconomists
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Activity: 267
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February 05, 2022, 11:39:13 AM |
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Buying Bitcoin above $50k and expecting high within a short period of time should not be encouraged and that is what I sense from OP submission. This is because we all how long it takes Bitcoin to move above $20k except for those who are new here, they have read from Bitcoin history.
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bots1
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February 05, 2022, 02:16:46 PM |
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I think, Entering February 2022 we will no longer experience fear because the price of bitcoin and other crypto assets is slowly rebounding. where the price of bitcoin rose 10% and traded again at the price level of $ 41k. We are currently back in the bullish phase so the price of bitcoin will continue to rise until it creates a new ATH again.
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Captain Corporate
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February 05, 2022, 09:25:47 PM |
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I think it's still too early and there's still a chance for them to go back to the point where everyone panicked like they did in early January. I personally still have the opinion that they still have the possibility to go back down again because in my observation this is still not over. but on the other hand when they go up again and the market is bullish again then this will also be very good because indeed we all almost expect something like that
Obviously, it could. The thing about crypto that everyone has to learn is that ANYTHING could happen here. We could go to 10k, we could go to 100k, who knows? This is why nobody should ever think that they know what is going to happen or nobody should say one thing can't ever happen. But, looking at the price right now, it is clear that most of the situation we have in our hands right now is in profit, 40k+ has been achieved and that means there is hype in the market. This doesn't guarantee us a big return and 50k+ but it certainly does mean that if we want that, it would be easier to get it now.
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TheEconomists
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February 05, 2022, 09:47:40 PM |
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I think, Entering February 2022 we will no longer experience fear because the price of bitcoin and other crypto assets is slowly rebounding. where the price of bitcoin rose 10% and traded again at the price level of $ 41k. We are currently back in the bullish phase so the price of bitcoin will continue to rise until it creates a new ATH again.
I believe is too early to make a conclusion about whether what usually happen to Bitcoin price in the of February will repeat itself this year, and is equally too early for one to start saying Bitcoin price in on the way to a new ATH as anything can happen in crypto currency market.
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rhomelmabini
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February 05, 2022, 09:53:13 PM |
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Obviously, it could. The thing about crypto that everyone has to learn is that ANYTHING could happen here. We could go to 10k, we could go to 100k, who knows? This is why nobody should ever think that they know what is going to happen or nobody should say one thing can't ever happen. But, looking at the price right now, it is clear that most of the situation we have in our hands right now is in profit, 40k+ has been achieved and that means there is hype in the market. This doesn't guarantee us a big return and 50k+ but it certainly does mean that if we want that, it would be easier to get it now.
The thing is, February is a bullish month for crypto historically and I think we may see green candles here. Of course, there's still risk and that wouldn't be taken away especially for crypto that is too volatile as an asset. Good thing it rebounded at 40k-41k level but I think I expect to work it sideways movement here to play so it's a good day to scalp trade especially for those who do day trade.
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