The market is confusing

[BobK71]

It really is confusing

The price of cryptocurrency has dropped drastically in the last few days. As a result investors are fallen in vacillation. Bitcoin price has fallen to its lowest level since 2020. Coinbase, the largest cryptocurrency exchange, has collapsed. A cryptocurrency that advertises itself as a stable medium of exchange but more than $300 billion has been lost since the cryptocurrency price crash on Monday.The market is dip and those who have blue whales will definitely take the advantage of this. Now everyone has to wait patiently for the next signal.

[rozak]

It really is confusing

The price of cryptocurrency has dropped drastically in the last few days. As a result investors are fallen in vacillation. Bitcoin price has fallen to its lowest level since 2020. Coinbase, the largest cryptocurrency exchange, has collapsed. A cryptocurrency that advertises itself as a stable medium of exchange but more than $300 billion has been lost since the cryptocurrency price crash on Monday.The market is dip and those who have blue whales will definitely take the advantage of this. Now everyone has to wait patiently for the next signal.

investors see opportunities in the current market conditions. confusing, but long-time investors will surely calmly split their money to get ready to go in and get big discounts in the market.
those who play for small money I think will hesitate. because relying on a fast pump is bound to be difficult in stressful market conditions. we have to patiently wait for the market to stabilize and start resetting our investment plans.
Don't panic and just analyze market conditions. more importantly who has the money to buy more.

[Joshapat]

The market is always difficult to guess, when the price of bitcoin rose more than $ 32k a few days ago, I continued to buy bitcoin and altcoins because many experts believed that the market was immediately bulling, but what happened was the opposite, the market drop was more than 25% and made me difficult to Sleep because of the many assets of my drop and make me lose.

[sklopan]

The market itself is a rather complicated process. I often see those who are confident in their analyzes, although it is worth understanding that it is extremely difficult to predict the market.

[dunfida]

The market itself is a rather complicated process. I often see those who are confident in their analyzes, although it is worth understanding that it is extremely difficult to predict the market.

Market is never been predictable in the first place which does simply means that you would need to have lots of considerations to mind off on where you do need to apply on at least having a good reading
towards the market despite of being totally random or speculative.

Market is indeed confusing but doesnt mean that it is impossible to deal with  and this is where people really differ since we do have different approach and actions to be made along the way.
We cant just sit down and relax whenever we do invest or trade.It does need ample time and effort to have at least a good grasp in the market.

[bitcrystal]

At this stage the market is more clear, those times many analysis were giving their predictions about bearish possibilities and it has played out very well. So many analysts didn't want to give their prediction because they thought this hear will take a new shape and won't be bad as we are seeing now. Now we might still need to go down more before consolidation begins and we start moving up. Let's wait and see.

[Markinzo]

The market currently is very confusing and relying on plenty predictions after another just gets one more confused cause many of the predictions nowadays are just out of self opinion based on the perspective the analyst is viewing the trend at the moment. I always advise people to do the digging themselves it's much safer.

Market movement have been bearish for sometimes now irrespective of so many predictions of it taking a bullish move at some point but still yet that isn't the case, so to be on safe side it better to invest an amount you can afford to forgo in the case of loss as the market price keep dropping by the day.

[sklopan]

Now the market is really in a difficult situation. You need to be prepared for different outcomes, and most importantly, understand the reasons for this situation.

[ReiMomo]

I would say, this is the nature of crypto market. When we have an ATH, obviously there will be a correction and this correction depends, it might be very short or too long. Just look at the market graph ever since Bitcoin was launched. Whales do play an important role now. They do manipulate the market and they know when to do so and when to confuse the market. Not only now, even after a decade when Bitcoin reached $300k dollars, the market move will be like this.

[Genamant]

Now the market is really in a difficult situation. You need to be prepared for different outcomes, and most importantly, understand the reasons for this situation.

yes, the market is extremely volatile these days. Crypto can be very confusing and difficult to understand especially for newer investors.
I am not new to crypto been here for 7 years but I admit I got caught with this bear.

[CapGelatik]

Now the market is really in a difficult situation. You need to be prepared for different outcomes, and most importantly, understand the reasons for this situation.

yes, the market is extremely volatile these days. Crypto can be very confusing and difficult to understand especially for newer investors.
I am not new to crypto been here for 7 years but I admit I got caught with this bear.

we all can no longer avoid this bear season, I'm sure of that, whether they are pro traders or great investors I'm sure they are stuck in this bear market,
but rest assured that the price of coins in our portfolio can go back at least 2x or 3x from this bottom, because 2023 the market is likely to be more aggressive

[mocayyyyy]

I could remember the day in 2017 when btc price goes up to $20000, everyone are excited and willing to dive into the market. The price is backing to 20000 today, people are screaming to leave the market...

[LUCKMCFLY]

Cryptocurrency market is now is confusing due to we don't know exactly were the market is starting from and when it will end, if some one want to buy coin now what coin can you recommend for the person to buy, i think the answer should nothing because you are afraid of the coin you will recommend for some body for now

The only currency that I recommend buying is BTC, for me there is no other currency that can match it, I think that taking this into account, we could say that it is the safest currency in the world and as I have said in other threads, I would not recommend any currency right now alternative not even a token because from one moment to another everything can change, if the BTC drops in price the altcoins will drop in price, but they will not drop a little, they will drop a lot and the losses can be very large, I think that the best thing they can do is that if there are doubts or buy BTC or stay out of the market, but yes, if you buy BTC and the price drops, you cannot panic, you just have to wait as long as necessary until it rises.

[sumant]

Yes market is going up then comes down. This situation is in very confusion stage that where market will go from there. Sometimes it's looking that crypto is going to end after sometime. I got a scenario where I am not able to put money in market. This situation is very dangerous for all traders so we should be very intelligent to understand this market at present time.

[sensimilia]

Those analysts are giving their opinion on what they think will happen. No one is more than about 75-85% accurate.

Logically, based on what I've seen before. I expect us to range between $30k-$40k for a while (maybe a few months), break the $30 at some point potentially to spread a bit of panic and then go back to continue the previous trend upwards (at least past $60k).

If a lot of people seem bullish and bearish at the same time, it might be because something similar to this has been seen by them and a few will know of the potential to keep staying low (and bouncing between $30k to $40k for a while would actually make any up move quite a bit healthier).

(obviously this post is given for educational purposes only, there's a good chance the market does something completely different - and the numbers aren't accurate due to summarising slanted resistance lines).

The current state of the crypto market will not last long. With the change of days, the crypto market will go up and it may take some time. Now our job is to patiently monitor the market. This is normal in the crypto market.

[smartaction]

The market is still confusing. The market is yet to figure out which way to go. Sometimes it seems like it will start to recover. Never again does it seem like it will go dip. I am afraid to invest in this market. So now I am waiting for the market to become stable. Let's see how long it takes to become stable.

[sklopan]

The market has always been like this, and I think it will be in the future. It’s just that for some reason everyone wants easy money, but it just doesn’t happen that way.

[jossiel]

The market has always been like this, and I think it will be in the future.

Will be more confusing in the future?

It’s just that for some reason everyone wants easy money, but it just doesn’t happen that way.

That's what they think with the crypto market and it will not change for the beginners. But once they start touching it, that's where the actual thing goes on and understanding that this is no easy market.

It requires long patience and being understandable with the market situation and cycles.

[goldkingcoiner]

The market has always been like this, and I think it will be in the future. It’s just that for some reason everyone wants easy money, but it just doesn’t happen that way.

Quite correct and exactly my own sentiment. Furthermore, anyone veteran who used to be like this and had this kind of quick money mindset will now tell you that the fastest way to lose all your money is chasing quick cash. Slow money gains is where the real profits are at. Thats why hodling is always more profitable and less nerve wracking than trading, especially day trading (which is basically just flip flopping until you burn through your money)

[virasisog]

The market has always been like this, and I think it will be in the future. It’s just that for some reason everyone wants easy money, but it just doesn’t happen that way.

Quite correct and exactly my own sentiment. Furthermore, anyone veteran who used to be like this and had this kind of quick money mindset will now tell you that the fastest way to lose all your money is chasing quick cash. Slow money gains is where the real profits are at. Thats why hodling is always more profitable and less nerve wracking than trading, especially day trading (which is basically just flip-flopping until you burn through your money)

The volatility of the market might confuse us because the price movement of cryptocurrencies is unpredictable but we should know how to deal with it. The characteristic of cryptocurrency won't change so we should be the ones to adjust. Crypto offers a profitable investment but we shouldn't disregard the risks. It's not a shortcut to success or even a source of easy money so we should still be careful and always do continuous research regarding the changes that could possibly happen.