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Author Topic: Bitcoin 2022 bear market?  (Read 1358 times)
yohananaomi
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April 13, 2023, 09:59:29 PM
 #141

The market in 2022 will make it difficult for us to forget, the price dropped by more than 70% and became a bad record that was repeated like the previous year, but now the market has started to stabilize and there is an opportunity to go up so we can forget about 2022 soon.
the repetition that bitcoin does is after it reaches the peak of ATH it will go down and it keeps happening and the events are repeated. agree with you we should forget about it soon because now is the time when bitcoin will start to move slowly. It must be remembered that in every era of the halving period, there will be an increase and it will happen next year and not for long, so if it is currently increasing, the probability will not be too high and only to give a momentary surprise.

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April 13, 2023, 11:00:50 PM
Last edit: June 11, 2023, 11:17:32 PM by STT
 #142

The time to be negative on BTC is when everyone else is positive, we have had alot of positive movement since the beginning of this year but we are not yet at peak optimism.  I think its approaching and we have a double band of possible resistance.   Current pricing just passed is the lower band and as we approach the next area of possible resistance thats where I think its most fortuitous to become negative for a period of time.  Not likely this whole year like 2022 was, but at least some parts of 2023 it will be worth viewing negatively while we pullback after gains obviously people will take profits along the way even we do record a green bar for 2023.

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ilovealtcoins
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April 14, 2023, 02:08:32 AM
 #143

The market in 2022 will make it difficult for us to forget, the price dropped by more than 70% and became a bad record that was repeated like the previous year, but now the market has started to stabilize and there is an opportunity to go up so we can forget about 2022 soon.
the repetition that bitcoin does is after it reaches the peak of ATH it will go down and it keeps happening and the events are repeated. agree with you we should forget about it soon because now is the time when bitcoin will start to move slowly. It must be remembered that in every era of the halving period, there will be an increase and it will happen next year and not for long, so if it is currently increasing, the probability will not be too high and only to give a momentary surprise.

Bitcoin is down 70%, which is a good thing if you are a real investor. If you bought bitcoin at that time and compared to the current price, you would have made a 70% profit. That's not a bad situation for bitcoin or for us. I find it quite funny because everyone wants to make huge profits, but when bitcoin drops, they don't dare to buy, and when bitcoin rises, they scream to buy. People are just trying to enrich the sharks, not themselves.
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April 14, 2023, 02:58:43 AM
Last edit: November 18, 2023, 01:24:36 AM by Dave1
 #144

The time to be negative on BTC is when everyone else is positive, we have had alot of positive movement since the beginning of this year but we are not yet at peak optimism.  I think its approaching and we have a double band of possible resistance.   Current pricing just passed is the lower band and as we approach the next area of possible resistance thats where I think its most fortuitous to become negative for a period of time.  Not likely this whole year like 2022 was, but at least some parts of 2023 it will be worth viewing negatively while we pullback after gains obviously people will take profits along the way even we do record a green bar for 2023.

Or as the saying goes, buy when there is blood in the street. But it seems that the time or at least the best price to enter is long gone, it should be below $20k. But hey, everything is not lost if we are going to do some DCA approach because the price could be very well swell in the 6 figures in the next bull run.

It's normal to take profits, I did take some because I needed to buy a new aircon at my place last week when the price is at $28k. But no regrets for me, it's just a small amount that I sold and I'm still continuing to preserved as much BTC as I can regardless.

R


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Pejoh Asu
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April 15, 2023, 09:47:39 AM
 #145

In 2022 it was a year of sadness for me because I experienced a loss that I thought was big, in addition to being affected by a significant price reduction I was also affected by scams and made me prefer to store assets in top exchanges such as binance or huobi, and of course our hopes in 2023 could recover so that We can immediately forget 2022.


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lepbagong
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April 22, 2023, 04:24:03 AM
 #146

In 2022 it was a year of sadness for me because I experienced a loss that I thought was big, in addition to being affected by a significant price reduction I was also affected by scams and made me prefer to store assets in top exchanges such as binance or huobi, and of course our hopes in 2023 could recover so that We can immediately forget 2022.
I'm also sorry, you suffered a loss due to price reductions and also scams. Indeed, the situation in 2022 after ATH was formed in 2021 made everything change because of a decline that usually occurs after ATH. you should not exchange it first but keep it if indeed the coin is good enough because every 4 years there will be changes again.

Your current action by saving your assets on the best exchange is of course very much appreciated, but you really have to be patient and don't be tempted to do anything when the market is really not good. You have to remember that repetition will always occur after an increase, there will be a decline and of course it can take a long time.

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