barbara44
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May 07, 2022, 06:53:47 AM |
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It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.
It wasn’t just only 2018 to 2019, the bear market back then continued till 2020, and getting to the end of 2020 was when the price started to become a little bit bullish, and then in 2021 it became fully bullish. So, that’s like three to four years. And this time around we do not know for sure how long it is going to take, it must also take the same three to four years before we see another huge bull run take place in the market. So, for now it’s likely that the market is going to be bearish. Now it’s just perfect time for those people who would like to start investing at a lower price.
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diminizio
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May 07, 2022, 09:04:59 AM |
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It looks like the bear won't end anytime soon. A lot of fud going on and this is really affecting the market in the negative way. I think the war in Ukraine is seriously affecting the market. I personally had a lot of expectations for this year as far as cryptocurrency is concerned but anyways I think anything can still happen, the year is still early. Let me not conclude hastily.
I believe the bear market cannot be used as a reference as the cause of the long bear market, the fact is that the difficulty of global money flows forced them to transact with cryptocurrencies, some Ukrainian citizens received assistance from cryptocurrency exchanges, and there is still a lot of help being provided. I'm sure, there's no strong suspicion yet to turn the market into a bear, but I agree that the fud has started to spread a lot, the bear market is starting to show, I'm just asking are we going to experience the 2018 market again?
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tazmantasik
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May 07, 2022, 09:26:46 AM |
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It looks like the bear won't end anytime soon. A lot of fud going on and this is really affecting the market in the negative way. I think the war in Ukraine is seriously affecting the market. I personally had a lot of expectations for this year as far as cryptocurrency is concerned but anyways I think anything can still happen, the year is still early. Let me not conclude hastily.
I believe the bear market cannot be used as a reference as the cause of the long bear market, the fact is that the difficulty of global money flows forced them to transact with cryptocurrencies, some Ukrainian citizens received assistance from cryptocurrency exchanges, and there is still a lot of help being provided. I'm sure, there's no strong suspicion yet to turn the market into a bear, but I agree that the fud has started to spread a lot, the bear market is starting to show, I'm just asking are we going to experience the 2018 market again? Still drop several altcoin and bitcoin keep dominance almost several days under $40,000 and highest price of bitcoin last week I think can't reach higher price, maybe bad news from United State make bitcoin impact drop and not get chance can reach to higher price again. Have be long term holding again with bitcoin and altcoin assets because we can't predicting when bitcoin will reach up higher price and take much profit again as usually and hope bitcoin can reach above $50,000 agan.
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xmonkeyx
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May 07, 2022, 11:01:36 AM |
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It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.
I don't think so, now the Crypto market has a solid community, the more Bitcoin and Altcoin Volumes are able to boost or hold the Bitcoin price from falling too deep. now the price of BTC is indeed experiencing a decline but I don't think it will be too deep and will recover slowly.
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cloudfir3e
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May 07, 2022, 11:48:22 AM |
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I believe the bear market will pass quickly this year and change to the bulls some people have a different opinion, but this is my personal opinion
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cloudfir3e
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May 07, 2022, 11:52:55 AM |
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i bought four altcoins this month for some reason, but i believe these coins are good to invest
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inanilujimi
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May 07, 2022, 12:22:44 PM |
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Currently bitcoin and altcoins are slowly showing a downward trend, no one knows for sure when the market will recover, but I believe in cryptocurrencies, especially bitcoin, will recover in their own way and get ATH again even if in a long time. What I know is that the best time to buy altcoins and bitcoins is when everyone panics about the state of the market.
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Mosharafhh
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May 07, 2022, 12:58:18 PM |
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This is very good for market condition of holding bear market for long like 1-2 years then all of a sudden it eill come a time when bull market will never ending. So i trust in this process and future in next 1-2 years we will see a long run bull market and it will go for a long!!
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Ezravdb
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May 07, 2022, 01:15:26 PM |
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I don't think so, now the Crypto market has a solid community, the more Bitcoin and Altcoin Volumes are able to boost or hold the Bitcoin price from falling too deep. now the price of BTC is indeed experiencing a decline but I don't think it will be too deep and will recover slowly.
Now that it's starting to be a little different where BTC is declining more sharply and increasing more slowly, I'm more sure that this was played by the whales who love BTC so they could make BTC rise even more this year.
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rozak
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May 07, 2022, 01:19:39 PM |
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I don't think so, now the Crypto market has a solid community, the more Bitcoin and Altcoin Volumes are able to boost or hold the Bitcoin price from falling too deep. now the price of BTC is indeed experiencing a decline but I don't think it will be too deep and will recover slowly.
Now that it's starting to be a little different where BTC is declining more sharply and increasing more slowly, I'm more sure that this was played by the whales who love BTC so they could make BTC rise even more this year. it can indeed be done. it also has something to do with the news that has caught the attention of the crypto market. Everything changes rapidly, and I'm sure there will soon be a price fix in the market. there is no need to hesitate, what else to think about the market situation in the past that will happen again now. if that happens I'm sure most people already know what to do.
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molsewid
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May 07, 2022, 03:26:12 PM |
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i bought four altcoins this month for some reason, but i believe these coins are good to invest
What are those? in times like this, I only invest any coins/tokens that are in the 1-50, I will not easily invest to new or start up projects when bear market comes because they will run your money, I have an experienced with this that's why I said this thing but some projects are maybe good? it depends. A proper research and reading should be a good thing in order for you not to lose in this bear market.
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Widdop37
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May 07, 2022, 03:35:22 PM |
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A bear market is supposed to be the time to start buying good altcoins, why are you guys talking as if bear market is very bad for the market, if there is no bear market how can crypto create room for newer investors? How can new opportunities be created? Volatility is very important for crypto.
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sulendra12
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May 07, 2022, 05:34:44 PM |
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A bear market is supposed to be the time to start buying good altcoins, why are you guys talking as if bear market is very bad for the market, if there is no bear market how can crypto create room for newer investors? How can new opportunities be created? Volatility is very important for crypto.
There are two type of people of how they react to that kind of news. Have more opportunity to buy more or just simply being panic once seen those news. If they are panic over these news then that's a bad move for them and simply their fault for being panic in the first place. I wonder how do people react if they took the OP's post without searching it first, that would make the market really wild.
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Lubcub62
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May 08, 2022, 02:54:05 AM |
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I thought the bear market would end soon when there was an increase a few days ago. but it turns out now as we see the bear market continues following a lot of negative news. and I myself think to start paying off BTc from here. and start casting nets at 33k - 34k for btc.
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Psynthax
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May 08, 2022, 07:00:41 AM |
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i bought four altcoins this month for some reason, but i believe these coins are good to invest
Yeah but they will be good once you buy this time and then the price will be jumped so high when the chart will be recovered again. If you bought this time but the price of bitcoin keeps go down and this may become another disaster for your money. i do know how difficult to predict the situation and people have not even predicted if this is become a real thing when bitcoin dumped so hard to the bottom. I would like to believe if this time bitcoin is so hard to recover again. Another dump may occur soon and you must aware with your portfolios
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Inspiron14
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May 08, 2022, 08:09:49 AM |
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I don't think so, now the Crypto market has a solid community, the more Bitcoin and Altcoin Volumes are able to boost or hold the Bitcoin price from falling too deep. now the price of BTC is indeed experiencing a decline but I don't think it will be too deep and will recover slowly.
Now that it's starting to be a little different where BTC is declining more sharply and increasing more slowly, I'm more sure that this was played by the whales who love BTC so they could make BTC rise even more this year. The possibility will always exist but we ourselves have no evidence and need to analyze it, until now the price of Bitcoin continues to fall and I don't know when this will end, it's better to just follow the developments and hope that market conditions can recover soon
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tygeade
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May 08, 2022, 08:12:44 AM |
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It looks like the bear won't end anytime soon. A lot of fud going on and this is really affecting the market in the negative way. I think the war in Ukraine is seriously affecting the market. I personally had a lot of expectations for this year as far as cryptocurrency is concerned but anyways I think anything can still happen, the year is still early. Let me not conclude hastily.
I do not think that the war actually impacted the market all that much, not saying that it didn't neither but I believe that it didn't impacted "that" much. Looking at the current situation I could easily say that FED was the main reason, the day fed announced that they will increase the rates, whole market collapsed and that is a pretty good reasoning for the drop, not the war. War has been going on for 3 months give or take, more than 2 months at least, and the market saw even 48k+ at some point during that war, which is a proof that if it can be 38k or under, and 48k or over, then we can say that market just doesn't care about the war at all.
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nimogsm
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May 08, 2022, 08:23:51 AM |
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I don't think the bear market will last long, there will be a stop soon.In general, the community is positive this time there is no strong panic.By the end of the month, I think the situation will stabilize, there will be no big price increase, but the situation will clearly be better.
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fzkto
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May 08, 2022, 08:33:39 AM |
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i bought four altcoins this month for some reason, but i believe these coins are good to invest
Yeah but they will be good once you buy this time and then the price will be jumped so high when the chart will be recovered again. If you bought this time but the price of bitcoin keeps go down and this may become another disaster for your money. i do know how difficult to predict the situation and people have not even predicted if this is become a real thing when bitcoin dumped so hard to the bottom. I would like to believe if this time bitcoin is so hard to recover again. Another dump may occur soon and you must aware with your portfolios I don't know how soon another dump might happen, but there hasn't been such a prolonged collapse without a bounce even in 2018. It seems to me that now is the time to think about a local up-trend rather than another dump. According to many indicators bitcoin should bounce up along with altcoins, which are now at a deep bottom.
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uelque
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May 08, 2022, 10:30:03 AM |
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It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.
Don't just simply believe on youtubers or influencers about their opinion in the market. Yes it is possible that they might be right but they might be wrong as well. I've seen a lot of youtubers preditions before and most of them turns out to be wrong tho. No one can be right at everything, and we should always remember that. And about my opinion regarding the possible 2018 scenario again, I don't think it will happen again. Yes the market is still bleeding right now but I really don't think a huge dump will soon happen again just like 2108. Though there is a possibility, let's just hope it won't happen again.
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