Dave1
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February 19, 2022, 01:17:25 AM |
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the crypto market is indeed going down and since the beginning of the year it has experienced a fairly deep decline and it's not just crypto that has fallen the stock market has also experienced a decline as well. so I think the decline in crypto is indeed a normal thing and I think this is the time to buy because I am sure there will be another increase either in the near future or in the long term.
It has fallen before the beginning of the year, and then we have a minor recovery at the start of February. But then again, the market is so volatile that in just a week the price started to decline again and that we gain in the recovery phase will be slash again. We have to understand though where the market is coming from, I mean with the war and other negative news, it is bound to decline at some point.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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coinsycrip09
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February 19, 2022, 01:21:36 AM |
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pump and dumps happen all the time, so this is nothing new to me. i think this will keep repeating itself as it did a few years ago. so don't worry too much, panic will make you lose.
you just need to make sure, you are always in every moment and i'm sure you will benefit.
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kaseygriffin
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February 19, 2022, 01:49:30 AM |
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It doesn't matter that the plan with this market is clear, I see a lot of people are letting this market completely dominate their psychology. When the market goes sideways they rush things, when it goes up they are very happy and when it falls they are panicking. Being in control of yourself and your investments will keep you comfortable and no matter how it turns out, there's still a lot of life around that we need to understand.
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asriloni
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February 19, 2022, 05:53:35 AM |
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39k has become another new bottom for bitcoin and I do believe if rebound will come very soon. I just remind you to not be scared by seeing the thing that happened with bitcoin and crypto market. Bitcoin already dead so many times and it was coming again and again. People must have learned a lot from this. I'm not even feeling bad once the dump already came. The thing that I have learned from the previous dump if people must aware the bitcoin dipp has become the buy opportunity. Imagine when bitcoin is always going up and it can also be a bull trap. I'm only taking this as a short term dump but the fundamental of crypto is really strong at this moment.
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Reid
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February 19, 2022, 06:43:20 AM |
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Its obvious market will go down i mean it will hit bottom again, most likely BTC to 20K and Ethereum to $500. Wont be surprised if it hits but it will bounce back to 100K again ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Why are you so sure that the price of bitcoin can reach $20k, isn't it impossible for bitcoin to return to such a cheap price? I'm sure the bitcoin price will drop by the most to the standard $30k and $35k as we've seen in the last months. Likewise with the state of Ethereum. It's always possible. But that event occurs whenever there's a great panic that is happening. We did witness that already from $60k down here so I guess what we are expecting is a buy back that is not happening just yet. The right price, it's possible they are waiting for that and this is not yet "it". The deeper Bitcoin goes the higher the chances it will be the time for a bull run. We don't have any idea where it is so buying whenever a bear comes would be the best idea.
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TheUltraElite
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February 19, 2022, 06:49:27 AM |
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Of course this is a big loss for the crypto market today.
This is what you need to stop saying. Instead think of it like this -a drop in the price means an opportunity for the patient traders waiting to pounce on the discounted price of bitcoin. When you put in this positive mindset you can see how you can use someone else's loss for your gain and this is how you survive in the market. Price is inching at 40k today and I expect bigger drops to happen. I have placed buy orders at <35k levels and kept the money ready for the same. It will be worth watching if the 35k support level sustains against a bigger drop. Keep that thought of "weakening" of prices and all, it is all a man-made narrative. What happens is buying and selling - as a trader that should be your target and profit from the difference.
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mindrust
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February 19, 2022, 06:52:17 AM |
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Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours. Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours. Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours. And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.
Of course this is a big loss for the crypto market today.
Stocks are not much different. Almost everything is going down because of the rising tensions between Ukraine and Russia. Maybe this is not the reason but only the excuse. The markets have risen so much in the last 2 years, they are looking for an excuse to crash. This will also pass in the end. Life always goes on, till it doesn't.
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kojektea
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February 19, 2022, 07:33:19 AM |
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Reasonable correction, we need a price drop to be able to buy cheaper, maybe if you see 2018 the decline is more than this, it's a small drop I'm sure we can deal with this, be patient to get in on the cheap.
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LogitechMouse
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February 19, 2022, 10:21:25 AM |
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~ Of course this is a big loss for the crypto market today.
Looks like the Russia-Ukraine conflicts really is affecting the market not only the crypto market but also the stock market as well. Well, corrections like this is normal already and we've seen worse than this. Now Bitcoin is at the $40,000 price level already. The question right now is will it hold that price or it will go below that price once again because it is acting as the support right now. I just hope that investors especially those newbies aren't worried with the corrections that are happening.
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Teraboy
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February 19, 2022, 10:44:17 AM |
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Reasonable correction, we need a price drop to be able to buy cheaper, maybe if you see 2018 the decline is more than this,
If the drop will be happening like a monht and can you call this as a reasonable correction? I know that correction was a must but again if that was going so deep and this can't be called as a correction That means a signal for the bearish market to happen again. Bitcoin is so unstable right now. The fed was shit. This entity was not giving a clear announcement regarding the problem that faced by US. So many speculators are going to short the market. this makes bitcoin can go even deeper again. it's a small drop I'm sure we can deal with this, be patient to get in on the cheap.
It's not all of people can deal with this drop. don't you see how bitcoin was going down so fast? This is shit man.
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tvplus006
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February 19, 2022, 11:53:41 AM |
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Looks like the Russia-Ukraine conflicts really is affecting the market not only the crypto market but also the stock market as well.
Well, corrections like this is normal already and we've seen worse than this. Now Bitcoin is at the $40,000 price level already. The question right now is will it hold that price or it will go below that price once again because it is acting as the support right now. I just hope that investors especially those newbies aren't worried with the corrections that are happening.
The current reason for the further correction lies in geopolitics. And if these problems are not eliminated in the near future, then we will see a continuation of price declines not only on the stock market, but also on the cryptocurrency. So the price of bitcoin will have to decrease at least to its support in the range of $ 29-30 thousand.
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Vatimins
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February 19, 2022, 11:54:21 AM |
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Indeed the crypto industry has been suffering for a few days now despite the fact that every February should be the best month for crypto. This is probably because of the fud going around at the moment. While there are good news, it isn't quite enough to rid the investors of the fear. Good thing though is that right now, whales are just observing like playing a game of chess which is why the Market is barely moving this weekend when it should be dumping. Anyway, this industry has already experienced times that are even worse than this in the past. This is just another phase, so just chill and enjoy the sale since it may even go lower tomorrow ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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masterrex
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February 19, 2022, 12:33:30 PM |
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Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours. Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours. Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours. And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.
Of course this is a big loss for the crypto market today.
IMO, I believe It's a common thing in the crypto market that's why there's nothing so special about it, Anyway whatever the reason why most of the cryptocurrency prices are fell down I believe it is far beyond our control, and for me, it's just a normal market correction and hopefully it will recover soon as the way it is because most of the cryptocurrency investors are feeling nervous about it. just my opinion.
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lenovop-70
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February 19, 2022, 04:32:19 PM |
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Yep, what the OP said is right, we got quite a loss in the bearish trend this time, and it hurts when I believe the market will be good this February but it's not, sad it seems. If this continues, maybe within a year we will be in a sideway downtrend and will be bearish until December, what a scary nightmare.
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gurunanakji777
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February 19, 2022, 05:09:08 PM |
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The market is not stable yet still, there is a fear in the market so the market is dropping but we have to remain patient. This is a volatile market and we are always ready for such moves and it is beyond trader's control. I am optimistic soon the correction phase will be over and we will see a good market again sooner or later.
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michellee
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February 20, 2022, 05:19:03 AM |
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the market is indeed down quite a lot at the moment after a high rise in 2021 and a lot of coins reaching new ATH I think this decline is a natural thing maybe at this time a lot of people are experiencing losses because at the end of 2021 news about crypto is trending and a lot of new people want to get a profit in crypto but if you haven't sold your asset you haven't said a loss, my advice is stay patient and hold on to your asset because I'm sure there will be another increase.
If people could sell their assets in 2021 and early 2022, they wouldn't be at a loss by holding them until now. But if they don't do that, they will have to wait for another upside moment to sell their coins at a high price. But unfortunately, we don't know when that moment will come and we can only wait because the market is still experiencing a decline. Yes, we can only be patient and continue to hold the asset until the time comes for us to sell at a high price.
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asriloni
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February 20, 2022, 06:17:36 AM |
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Reasonable correction, we need a price drop to be able to buy cheaper,
No, this is not a reasonable correction. So many politics being played around rusia and Ukraine problem and you must also remember that it's not only coming from there but there are lots of geopolitical problem that happened in another countries as well. This may triggering people to keep their assets instead of using their money to trade. maybe if you see 2018 the decline is more than this, it's a small drop I'm sure we can deal with this, be patient to get in on the cheap.
We will have another upper bottom and I think the condition will be quite similar with the dump that occurred a few years ago but the fact that if this needs a long term for bitcoin to recover from the dump. People can only be patience for this.
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GeorgeJohn
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February 20, 2022, 07:11:24 AM |
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Yes, that's how the crypto world has always been right, when the price is high we take profit and when the price is low we have no other choice but to hold on, the important thing is not to panic. In fact, this is an opportunity to buy tokens according to the money we have. Hopefully it won't drop too much again. And whatever issues that caused this to happen can soon pass.
People have different directive measure of investing their money in cryptocurrency and make profit also, i know buying of alternative coin's is good for some extent, but it's not real to depends on altcoins because altcoins only bring quick profit and in some extent it dies off without the expectations of the investors.
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evichi
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February 20, 2022, 01:28:11 PM |
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The price of Bitcoin and Altcoins generally has been on decline for some time now. One reason, according to Forbes, is the Federal Reserve, which is planning to raise interest rates this year to combat levels of inflation unseen in the U.S. for four decades. When Federal Reserve raises interest rates, it has the effect of lessening demands for more growth companies like tech stocks and speculative risk assets like cryptocurrencies and Bitcoin ( https://www.forbes.com/advisor/investing/why-is-bitcoins-price-falling/). The rise and fall in price of digital assets is nothing new, however, it is still an opportunity to buy/invest. On the average, it is expected that the price will go up again, hence, benefiting the investors.
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Flexystar
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February 20, 2022, 04:32:50 PM |
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You talking about 11-15%, well we have seen the market go rogue and go bearish above 20-25%. That is how much it could go worst. Though we talking about the bearish here, I wanna point out that the market has already gotten up by thousands of percentage.
I always like to think that these small bearish tends are nothing if we are here to invest for longer times. The good fact is we can always buy when they are taking such small dips and await for the grand opportunity to come up.
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