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Author Topic: Bitcoin may not experience blood bath  (Read 752 times)
Wawa2013
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January 16, 2022, 09:06:51 PM
 #41

But also never be so confident with crypto market, usually popular opinion will not realize in the future of crypto market. When people optimist about the bearish will be end and the idea is become mainstream, the market will do the opposite, and also the opposites.
So i think it's better to prepare for any upcoming condition
actually having full confidence in the market would be bad for most people. For example, look at last month where many people had high expectations of $100k bitcoin which made them confused now and not even a few of them panicked and sold their assets because they experienced a fairly decent depreciation.
believing in bitcoin will reach a good price is very possible but don't have high expectations of something because apart from taking time the market is very difficult to predict

Should before deciding to invest in Bitcoin, we must really understand first how Bitcoin works. So when the targets we set fail to be achieved,
we don't panic and lose hope. Because for those who are experienced in the crypto world, if our target fails to achieve it is normal, it is because
Bitcoin price movements are difficult to predict. Then who would have thought that in 2021 the price of Bitcoin could rise very high above
the $60k price. So if now the Bitcoin price is still below $45k and it looks like it's having a hard time going higher. We have to be calm, not necessarily
the price of Bitcoin will fall even lower, there is still a possibility that the price of Bitcoin will recover soon. But if the Bitcoin price should fall
even lower, there's no need to panic, we have to be patient holding the Bitcoins we have. Because we have to believe that one day the price of
Bitcoin will recover, it does require patience to be able to generate profits from Bitcoin.

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January 16, 2022, 09:56:53 PM
 #42

But also never be so confident with crypto market, usually popular opinion will not realize in the future of crypto market. When people optimist about the bearish will be end and the idea is become mainstream, the market will do the opposite, and also the opposites.
So i think it's better to prepare for any upcoming condition
actually having full confidence in the market would be bad for most people. For example, look at last month where many people had high expectations of $100k bitcoin which made them confused now and not even a few of them panicked and sold their assets because they experienced a fairly decent depreciation.
believing in bitcoin will reach a good price is very possible but don't have high expectations of something because apart from taking time the market is very difficult to predict
That's the main reason I avoid following the mass, having high expectations can be devastating if they are not pleased. That's the main reason I'm not following such speculations, I don't want to feel disappointed if they fall short, while I've learned to be satisfied with what we have. Bitcoin's price is way higher than last year.

Don't get me wrong, I do believe that Bitcoin will recover from the current situation, but I tend to be more protective with speculations, since as we've noticed, a lot of people were expecting $100.000 before the end of 2021, which quickly fell through.

Hoping is great, but we need to be a little more cautious when it comes to predictions.

R


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January 18, 2022, 01:53:17 PM
 #43

actually having full confidence in the market would be bad for most people. For example, look at last month where many people had high expectations of $100k bitcoin which made them confused now and not even a few of them panicked and sold their assets because they experienced a fairly decent depreciation.
believing in bitcoin will reach a good price is very possible but don't have high expectations of something because apart from taking time the market is very difficult to predict
Like most of the time it is important to maintain our feet on the ground and be realistic about what we can achieve with our investments, if this is not the case then the most likely scenario is that our predictions will not match the reality and then we will take mistaken decisions because of it, however people do not really understand this and by the time they realize their mistake it is too late to do anything about it, and what is worse is that by the time they accumulate even more money to invest again in the market they have forgotten the lessons they learned.
that's the important point. because indeed we must remain calm and realistic in the face of something.
Actually, things like this are what most people have to learn before actually jumping in because it's not a problem to have expectations about something, but on the other hand, it must also be accompanied by realistic and based on the existing data.
don't be too stubborn and always see only one side, because it is speculation that there are two possibilities, right and wrong.

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January 18, 2022, 07:21:15 PM
 #44

Yea.. I used to have the same opinion that we wouldn't have 2018-levels of corrections because of how different the space is today. But now that most people seem to have the same opinion, I'm having doubts. Most of the time, things go "wrong" when people get overly bullish; like in this case.
Well, many really hoped that at the end of 2021 and the beginning of this year, Bitcoin and other cryptocurrencies would continue their growth, as they did at the beginning of 2021. But the cryptocurrency gave us a not-so-good gift in the form of a decent price drop.
We all know that cryptocurrency is very volatile in price terms. The market is still greatly influenced by whales, which are able at certain times, when there is great expectation for a strong bullish period, to turn the price situation in the other direction in order to earn big profits from it. But it is also disadvantageous for whales to have a long bear market period. Therefore, prices in this market will soon go up again.

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January 18, 2022, 07:34:41 PM
 #45

Yea.. I used to have the same opinion that we wouldn't have 2018-levels of corrections because of how different the space is today. But now that most people seem to have the same opinion, I'm having doubts. Most of the time, things go "wrong" when people get overly bullish; like in this case.
Well, many really hoped that at the end of 2021 and the beginning of this year, Bitcoin and other cryptocurrencies would continue their growth, as they did at the beginning of 2021. But the cryptocurrency gave us a not-so-good gift in the form of a decent price drop.
We all know that cryptocurrency is very volatile in price terms. The market is still greatly influenced by whales, which are able at certain times, when there is great expectation for a strong bullish period, to turn the price situation in the other direction in order to earn big profits from it. But it is also disadvantageous for whales to have a long bear market period. Therefore, prices in this market will soon go up again.
Market is volatile and there's no way that we could able to precisely predict on what would happen next since we know that its always been volatile and there's no way that someone could tell on where it would go

thats why it wouldnt really be that accurate that you would say or tell that there would no bloodbath this time.Market could go into a correction or dumps basing off with several factors

which causes for these things to happen.It might not be this year but possibly on the next one, no one really knows imho.

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January 18, 2022, 07:39:27 PM
 #46

I think all cryptocurrency price depends bitcoin price. When bitcoin will be recover Their price i hope crypto market will be green.Bitcoin price still movement in correction back previous the previous years like similar. I hope bitcoin price will be grow again and i hope many investors will come soon.I hope bitcoin price will be reach $70000+ this year.don't misa that opportunity just buy and hold long term i hope you will get good benefit from it in 2022.
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January 18, 2022, 09:36:07 PM
 #47

Even without being told, I already know it that the market wouldn’t drop below the 40,000 and the $30,000 range. Any correction that is going to be made wouldn’t be anything below these two prices, and as of recent it has solidified itself in the 40,000 price range. That is because the market has been growing, and there are now more investors, and not just more investors but bigger institutions that are now involved in the cryptocurrency market and investing huge amounts of money that are worth billions of dollars.

And we have not seen enough of these big institutions, there are still more of them that are yet to come and more that are investing huge amounts everyday. So the market would be able to maintain its current price for quite a long time, until we get to see another bull run that will also shoot us up a new all time high price.

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January 18, 2022, 09:59:37 PM
 #48

Yea.. I used to have the same opinion that we wouldn't have 2018-levels of corrections because of how different the space is today. But now that most people seem to have the same opinion, I'm having doubts. Most of the time, things go "wrong" when people get overly bullish; like in this case.
Well, many really hoped that at the end of 2021 and the beginning of this year, Bitcoin and other cryptocurrencies would continue their growth, as they did at the beginning of 2021. But the cryptocurrency gave us a not-so-good gift in the form of a decent price drop.
We all know that cryptocurrency is very volatile in price terms. The market is still greatly influenced by whales, which are able at certain times, when there is great expectation for a strong bullish period, to turn the price situation in the other direction in order to earn big profits from it. But it is also disadvantageous for whales to have a long bear market period. Therefore, prices in this market will soon go up again.
Market is volatile and there's no way that we could able to precisely predict on what would happen next since we know that its always been volatile and there's no way that someone could tell on where it would go

thats why it wouldnt really be that accurate that you would say or tell that there would no bloodbath this time.Market could go into a correction or dumps basing off with several factors

which causes for these things to happen.It might not be this year but possibly on the next one, no one really knows imho.
Market is unpredictable and theres no way that we could really make out conclusions basing up on our current observation and if you've been here on this market for a while then you would completely saying the opposite and not this one.There would be always a possibility that everyone would really make a huge sell off specially the whales and those large investors around
which we don't know on when they would really be selling off their bags that's why we should mind about those probabilities from time to time.

R


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January 18, 2022, 10:02:42 PM
Merited by Wiwo (1)
 #49

Is not everybody will believe in correction of bitcoin, make people have sold their Bitcoin because bad news the happened to obtain from other social media interaction or hangout, so Bitcoin have different way of characterising or analyzing it own factor per say, Bitcoin regulates itself through it's methods of demands and supply, so we can not determine when the market can be of benefit for any one...let anyone who have Bitcoin to exercise because when the bull run will come many people will not believe.

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January 23, 2022, 02:04:09 PM
 #50

I think all cryptocurrency price depends bitcoin price. When bitcoin will be recover Their price i hope crypto market will be green.Bitcoin price still movement in correction back previous the previous years like similar. I hope bitcoin price will be grow again and i hope many investors will come soon.I hope bitcoin price will be reach $70000+ this year.don't misa that opportunity just buy and hold long term i hope you will get good benefit from it in 2022.
Yes, in fact everything moves based on BTC, because every currency, token whatever moves thanks to BTC, BTC is the only currency that has a life of its own, if BTC did not exist, no currency would have credibility if it is not based on the principle Basic, this is clearly demonstrated because it has a great history, it has gone through stages of the market such as Accumulation and Distribution, it was proven that it is not a scam, a bubble as many enemies of BTC say, in fact now it is legal tender in El Salvador and I am sure that very soon it will be legal tender in many more countries, I think that all this is what makes BTC stronger and stronger.

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Oasisman
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January 23, 2022, 02:23:27 PM
 #51

It may go up soon. Since November, Bitcoin lost 25k in value. Maybe there will be a 3rd wave coming which will be a lot. It's never too late to buy bitcoin. If you can't buy bitcoin, don't worry, just buy a fraction.

Man, who says buying Bitcoin at this current price is too late? Did those who missed the 2010 or 2016 pump too late to buy bitcoin?
If someone is on Bitcoin for quite a long time, there's nothing to worry.
Bear market is ideal to buy more fractions of Bitcoin, only those weak hands are so worried when Btc falls.
I have a strong feeling that Bitcoin may fall below $30k and so I guess it's better to CDA currently, then buy massively below $30k.



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January 23, 2022, 05:30:06 PM
 #52

Man, who says buying Bitcoin at this current price is too late? Did those who missed the 2010 or 2016 pump too late to buy bitcoin?
If someone is on Bitcoin for quite a long time, there's nothing to worry.
Bear market is ideal to buy more fractions of Bitcoin, only those weak hands are so worried when Btc falls.
I have a strong feeling that Bitcoin may fall below $30k and so I guess it's better to CDA currently, then buy massively below $30k.
buying at a lower price will be very profitable. indeed buying bitcoin now is not too late if used as a long-term investment. we all also know the increase in bitcoin is very significant. this proves that bitcoin has a good future. Bitcoin hasn't even touched a new ATH at $100k and it will hit as soon as the bear market ends. Buy gradually from now on or wait below $30k as you predict.

R


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January 23, 2022, 10:23:26 PM
Merited by coolcoinz (1)
 #53

It may go up soon. Since November, Bitcoin lost 25k in value. Maybe there will be a 3rd wave coming which will be a lot. It's never too late to buy bitcoin. If you can't buy bitcoin, don't worry, just buy a fraction.

Man, who says buying Bitcoin at this current price is too late? Did those who missed the 2010 or 2016 pump too late to buy bitcoin?
If someone is on Bitcoin for quite a long time, there's nothing to worry.
Bear market is ideal to buy more fractions of Bitcoin, only those weak hands are so worried when Btc falls.
I have a strong feeling that Bitcoin may fall below $30k and so I guess it's better to CDA currently, then buy massively below $30k.




Definitely not too late to buy Bitcoin. Generally, people mention that because its value has gone up and it's no longer risk-free. This could potentially be one of the best opportunities in terms of acquiring and accumulating Bitcoin, losing more than 50% of its value, from the previous all time high in November.

From my point of view, Bitcoin is highly likely to fall below $35.000 in the next few days at most.

R


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LLBIT
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BIT-BENDER
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January 23, 2022, 10:32:21 PM
 #54

It's really sad how we are trying to promote the negativities of the crypto market forgetting so soon how volatile the market is, I think all we are creating right now is unnecessary panic, fud, and fomo I can only imagine how newbies are feeling now after coming to see all this, it's time we straighten things up we can't keep acting like this when ever there is a dip, after multiple of times crypto went into the dip and recover, let's set good examples for those new guys out there.

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January 24, 2022, 10:47:27 PM
 #55

It may go up soon. Since November, Bitcoin lost 25k in value. Maybe there will be a 3rd wave coming which will be a lot. It's never too late to buy bitcoin. If you can't buy bitcoin, don't worry, just buy a fraction.

Man, who says buying Bitcoin at this current price is too late? Did those who missed the 2010 or 2016 pump too late to buy bitcoin?
If someone is on Bitcoin for quite a long time, there's nothing to worry.
Bear market is ideal to buy more fractions of Bitcoin, only those weak hands are so worried when Btc falls.
I have a strong feeling that Bitcoin may fall below $30k and so I guess it's better to CDA currently, then buy massively below $30k.




It is narrative created by those that regret not investing in bitcoin earlier and that want to obtain the same results but without going through the same risks that the early adopters went through, however it is completely false, the potential for bitcoin is still enormous, after all despite its high price the number of people actually using it is nowhere near as high as t could be, so when we think of all the people left still to adopt bitcoin, the innovations that will come and how other countries could declare bitcoin as a legal tender, it is obvious the potential of bitcoin is still massive.

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January 24, 2022, 11:20:37 PM
 #56

The world that Bitcoin is said experiencing a bloodbath is because they bought Bitcoin for $60k, but now the price keeps being at $40k. The market doesn't rise up and causes altcoins blood bathing also. For those who are experiencing the price drops and drops, the daily traders will also say Bitcoin may experience a bloodbath.

But if this is for long-term investors, they may not think about that and consider that it is normal and even they don't care about the price correction in the market. Because they are investing for the long term, not the short term.

even if people do hodl for 10 years, something that drops from 69000$ to 33000$ and that can still fall below 33000$ cannot be considered normal, this price drop reminds those in the year 2017 to 2018, it seems that whenever the price goes up a lot, it drops by more than 50% and that can't be something normal, it looks like something manipulated. anyway, as I don't know how anyone could manipulate it, I can only have this theory and keep it to myself

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January 24, 2022, 11:47:10 PM
 #57

buying at a lower price will be very profitable. indeed buying bitcoin now is not too late if used as a long-term investment. we all also know the increase in bitcoin is very significant.
The problem is we don't know what will be the lowest price? We cannot claim the current price is the lowest price, it may drop again to the lower prices. On the other hand, not all people want to buy Bitcoin for a long-term holding, some only want to hold a few weeks or months. So, it is a bit complicated to determine when to buy at the current market condition.

Bitcoin hasn't even touched a new ATH at $100k and it will hit as soon as the bear market ends.
Do you mean the end of bearish in 2024/2025?  Grin
We also don't know if the next ATH will be $100. How if that price is only imagination and hard to be achieved.

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January 24, 2022, 11:59:06 PM
 #58

The world that Bitcoin is said experiencing a bloodbath is because they bought Bitcoin for $60k, but now the price keeps being at $40k. The market doesn't rise up and causes altcoins blood bathing also. For those who are experiencing the price drops and drops, the daily traders will also say Bitcoin may experience a bloodbath.

But if this is for long-term investors, they may not think about that and consider that it is normal and even they don't care about the price correction in the market. Because they are investing for the long term, not the short term.

even if people do hodl for 10 years, something that drops from 69000$ to 33000$ and that can still fall below 33000$ cannot be considered normal, this price drop reminds those in the year 2017 to 2018, it seems that whenever the price goes up a lot, it drops by more than 50% and that can't be something normal, it looks like something manipulated. anyway, as I don't know how anyone could manipulate it, I can only have this theory and keep it to myself


If there are only few people hodl but majority sell then it cannot do anything to contribute the blood bath happening, so expect that this scenario will continue knowing fear is dominant at this point and many people are been manipulated for thinking that year 2017-2018 might happen which is scary indeed. The only thing we can do for now is to see how it goes and I'm thinking about buying when there are little glimpse that we can see a recovery.

R


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February 01, 2022, 09:42:19 PM
 #59

The world that Bitcoin is said experiencing a bloodbath is because they bought Bitcoin for $60k, but now the price keeps being at $40k. The market doesn't rise up and causes altcoins blood bathing also. For those who are experiencing the price drops and drops, the daily traders will also say Bitcoin may experience a bloodbath.

But if this is for long-term investors, they may not think about that and consider that it is normal and even they don't care about the price correction in the market. Because they are investing for the long term, not the short term.

even if people do hodl for 10 years, something that drops from 69000$ to 33000$ and that can still fall below 33000$ cannot be considered normal, this price drop reminds those in the year 2017 to 2018, it seems that whenever the price goes up a lot, it drops by more than 50% and that can't be something normal, it looks like something manipulated. anyway, as I don't know how anyone could manipulate it, I can only have this theory and keep it to myself
The price is very volatile that is something that we can see, but at the same time not everything is manipulation, after all the long term trend that we can see in the price of bitcoin is positive, if bitcoin was just an asset used to speculate with then that is not something that we would see, I think that a great deal of the volatility comes from the fact that bitcoin is something revolutionary and people are not really sure about what is its value, even if they know that it should be very high.

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February 01, 2022, 09:51:58 PM
 #60

The world that Bitcoin is said experiencing a bloodbath is because they bought Bitcoin for $60k, but now the price keeps being at $40k. The market doesn't rise up and causes altcoins blood bathing also. For those who are experiencing the price drops and drops, the daily traders will also say Bitcoin may experience a bloodbath.

But if this is for long-term investors, they may not think about that and consider that it is normal and even they don't care about the price correction in the market. Because they are investing for the long term, not the short term.

even if people do hodl for 10 years, something that drops from 69000$ to 33000$ and that can still fall below 33000$ cannot be considered normal, this price drop reminds those in the year 2017 to 2018, it seems that whenever the price goes up a lot, it drops by more than 50% and that can't be something normal, it looks like something manipulated. anyway, as I don't know how anyone could manipulate it, I can only have this theory and keep it to myself
The price is very volatile that is something that we can see, but at the same time not everything is manipulation, after all the long term trend that we can see in the price of bitcoin is positive, if bitcoin was just an asset used to speculate with then that is not something that we would see, I think that a great deal of the volatility comes from the fact that bitcoin is something revolutionary and people are not really sure about what is its value, even if they know that it should be very high.
Once you do step your foot into this market then you should be preparing yourself when it comes to volatility and very speculative one which to mind that this
market is composed of sellers and buyers which we couldnt really assure  about those not experiencing bloodbath.Market could possibly crash if all would be deciding to
sell and since it is only composed with sellers and buyers then tendency or chances would really be there.As an investor then you shouldnt really
cross out those kind of probabilities.

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