Bitcoin Forum
November 11, 2024, 12:16:48 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 »  All
  Print  
Author Topic: Looks like markets are crashing ! this is it ...it's the big one !  (Read 542 times)
RealMalatesta
Legendary
*
Offline Offline

Activity: 2366
Merit: 1141



View Profile
May 08, 2022, 08:18:40 AM
 #41

If it was about the crash, the crash have started last year, it was on December to specific but unfortunately it continued up to this point. People shouldn't be surprised if their prediction didn't went through because it was only just a prediction anyway. It is not guaranteed but it is still early to feel bad about the price.

We aren't halfway yet in this year so maybe the price can still make a comeback and real increase can come at the last quarter of this year. In terms of the Russian and Ukraine war, I think they have contributed something on the decline of the price but it wasn't that heavy and later on, it was also the war that leads for the price to recover because there are good news that we saw later on.
I would be feeling bad as well if I had no money left and if I was trusting the crypto prices to go up in order to stay afloat. Thankfully that crypto is not something that I invest with the money I need, so it could be 10k as well for a whole year and as long as it profits me "enough" in the future, I am willing to wait for it.

Not everyone has the same feeling about the crypt world and I need to accept that some people are here to get super rich and do it as quickly as possible without any regards for the long term investment. Yes, that is the wrong issue and they should be waiting but that December drop made a lot of people get out of crypto totally.
Vaskiy
Legendary
*
Offline Offline

Activity: 2660
Merit: 1106


DGbet.fun - Crypto Sportsbook


View Profile
May 08, 2022, 04:02:16 PM
 #42

During the start of the year price of bitcoin was close to $47500. This further saw decline and reached around $38500 by the end of January. The market isn't progressive, and this resulted with the price moving within the $41k range for a long. This ended with the increase reaching $44k by the start of the month March. Slow and stabilized price movement didn't let the price increase as there were war and other issues happening around. So the price was around the $36k range which further reached $47k by the end of March. Those weren't mentioned as the bear market and now the gradual decline have caused the price down to $35k. Hope price will increase with time than declining.

bustabitsboy
Member
**
Offline Offline

Activity: 318
Merit: 10


View Profile
May 08, 2022, 06:42:44 PM
 #43

Looks like markets are crashing ! Hold tight !





https://www.youtube.com/watch?v=xUS5JXj48_o

What do you think ?


1920-1990 dow was moving normal ... after 1990 it skyrocketed ...it looks like some sort of bubble / pump and dump



Now there is cause for concern. For big big big worry...The forecast is disappointing. Now we should be calm and not be in a panic mood. I do not advise  to take any action at this time. It is necessary to exhale and not look at the charts. If we can't change the situation then we just need to wait a while. In the world today changes are taking placeand they will be reflected in many processes in the world.

CaVO32
Full Member
***
Offline Offline

Activity: 1848
Merit: 158


View Profile
May 08, 2022, 07:26:30 PM
 #44

During the start of the year price of bitcoin was close to $47500. This further saw decline and reached around $38500 by the end of January. The market isn't progressive, and this resulted with the price moving within the $41k range for a long. This ended with the increase reaching $44k by the start of the month March. Slow and stabilized price movement didn't let the price increase as there were war and other issues happening around. So the price was around the $36k range which further reached $47k by the end of March. Those weren't mentioned as the bear market and now the gradual decline have caused the price down to $35k. Hope price will increase with time than declining.

We can just only hope in this market, but if the situation will not pan out according to our targets, we can always have alternative plans on how to face the current trend in the market. There are so many newcomers who are waiting for btc to go down so they can buy their own stash. So why not start thinking of collecting some while the market is down? Or most will be affected by fud and other negativities? In this market, you will be your own boss, so you need to make your own decisions because nobody will take care of your assets but you.
Dunamisx
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 560



View Profile
May 08, 2022, 07:41:46 PM
 #45

Looks like markets are crashing ! Hold tight !

you're right by this ongoing downtrend in crypto market price, well this isn't new neither is it the first of its kind but despite this we should be getting ready for any sudden uptrend hopefully in this new week, but i think its on a better side for many investors to give a launch on buy at this period while those that have already made the buy before now should keep to hodl their coins, this is what actually makes the market suitable for profitability as the demand and supply makes shifts just to favours the both ends of buy and sell.

BIT-BENDER
Hero Member
*****
Offline Offline

Activity: 1666
Merit: 712


View Profile
May 08, 2022, 08:17:26 PM
 #46

Looks like many Newbies are getting to see the other side of Crypto-currency. I just love the volatility of Crypto-Currency. It brings back the reality to many who feels crypto has made a promise to always go up. The Crypto-Market has started to go in negative way, and there are chances that it would continue in that way for a long while well from my experience which I always refer to as little I think isn’t all about hodl but it more hav to do with what you are holding so, I recommend do more inquirer on your coin to know if you holding or counting your losses.
7788bitcoin
Legendary
*
Offline Offline

Activity: 2282
Merit: 1023


View Profile
May 08, 2022, 09:18:24 PM
 #47

~
Its my first time knowing that whenever FED increase interest rates, it often have a negative effect in the market. What I only know is the Russia-Ukraine war and the inflation is the reason why markets are going down. Thanks for sharing.
When a market attracts institutional investors who invest in other financial market you tend to see them making decisions according other things that could affect the overall financial market and hence you see them booking their profit when the interest rates are increased. It was not like that in the past but now onwards the market will move in accordance with the over all financial market.

Crashes are temporary I agree on that. The best thing to do right now is to stay patient and not do anything or if possible stay away from seeing the charts because it will just make you anxious and you might panic as well and make bad decisions. If you have extra money then you can buy assets at a lower price but its risky.
The best option right now is to wait till the market stabilizes and then make a decision according to the market situation. The market is expecting a recession and if that happens there will be another blood bath where the market goes down drastically. So it is important to analyze the overall market situation before making a decision.
goaldigger
Sr. Member
****
Offline Offline

Activity: 2422
Merit: 357



View Profile
May 08, 2022, 09:59:11 PM
 #48

Looks like many Newbies are getting to see the other side of Crypto-currency. I just love the volatility of Crypto-Currency. It brings back the reality to many who feels crypto has made a promise to always go up. The Crypto-Market has started to go in negative way, and there are chances that it would continue in that way for a long while well from my experience which I always refer to as little I think isn’t all about hodl but it more hav to do with what you are holding so, I recommend do more inquirer on your coin to know if you holding or counting your losses.
They are the ones who are still panicking most probably since they don’t have experience yet and of course its expected on a bear market to see someone literally panicking seeing their bloody portfolio.

This is not a crash but an expected drop after failing on the resistance level. If the market still can’t break the resistance, we can see a more drop but of course you have to watch for the oversold level, that’s the start of recovery most probably so wait for that.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?█▀▀▀











█▄▄▄
.
PLAY NOW
▀▀▀█











▄▄▄█
jaberwock
Legendary
*
Offline Offline

Activity: 2730
Merit: 1127



View Profile
May 10, 2022, 07:09:49 PM
 #49

Looks like many Newbies are getting to see the other side of Crypto-currency. I just love the volatility of Crypto-Currency. It brings back the reality to many who feels crypto has made a promise to always go up. The Crypto-Market has started to go in negative way, and there are chances that it would continue in that way for a long while well from my experience which I always refer to as little I think isn’t all about hodl but it more hav to do with what you are holding so, I recommend do more inquirer on your coin to know if you holding or counting your losses.
Yep, their eyes will be cleared at this time, they will understand that it is not just all about going up, there are also times that it would go down. Cryptocurrency is not something you just get into without some planning, because you’re about to risk your money in the market, so you have to be very careful about it and go with what you can risk in the market.

There are even some of them who don’t have targets at all, they don’t know what price they want to buy at and what they will be selling at, they just want to make profit, but they don’t know how and wouldn’t care to know how Roll Eyes.

endut15
Full Member
***
Offline Offline

Activity: 552
Merit: 100


View Profile
May 10, 2022, 07:09:58 PM
 #50

currently the trader's mentality is being tested by the market, the market is still heading for a correction. no word of recovery for current market conditions. as an experienced trader, of course, you will not panic in a situation like this, this is where we will see how experienced and professional traders can wisely respond to market conditions like this. Talking about prices not always going down and not always going up.
AmoreJaz
Legendary
*
Offline Offline

Activity: 3276
Merit: 1104


Leading Crypto Sports Betting & Casino Platform


View Profile
May 10, 2022, 08:46:19 PM
 #51

currently the trader's mentality is being tested by the market, the market is still heading for a correction. no word of recovery for current market conditions. as an experienced trader, of course, you will not panic in a situation like this, this is where we will see how experienced and professional traders can wisely respond to market conditions like this. Talking about prices not always going down and not always going up.

in this situation, it is up to you what kind of approach are you going to apply while the market is down. you can trade short-term gaining even small profits from this up and down market. for ex, you bought at 30k+ range and sell it above 31k. i understand, that's small but if you have good amount of funds, that will already translate to significant profits. panic won't help you in coming up with strategic plans, observe and understand the market. assess your financial capabilities and don't put yourself in a terrible situation.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Mahanton
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 667



View Profile
May 10, 2022, 09:20:13 PM
 #52

currently the trader's mentality is being tested by the market, the market is still heading for a correction. no word of recovery for current market conditions. as an experienced trader, of course, you will not panic in a situation like this, this is where we will see how experienced and professional traders can wisely respond to market conditions like this. Talking about prices not always going down and not always going up.

in this situation, it is up to you what kind of approach are you going to apply while the market is down. you can trade short-term gaining even small profits from this up and down market. for ex, you bought at 30k+ range and sell it above 31k. i understand, that's small but if you have good amount of funds, that will already translate to significant profits. panic won't help you in coming up with strategic plans, observe and understand the market. assess your financial capabilities and don't put yourself in a terrible situation.
We do have our own decisions in regarding with the current price movement and if you've been here on this market for a while or for a couple of years then you would really be that aware on how it do behaves.
Recovery or trend change is really next on line but of course your buying decisions and selling ones will really vary on your own preference.Some would go for short term and some would go for long term.
Crashes or dips like these arent something for me to panicked on.Instead on freaking and stressing yourself out it would be much better if you do really see this as a good opportunity
for you to buy cheaper coins and wait for the trend to be over and make out some profits later on.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
||.
|
▄▄████▄▄
▀█▀
▄▀▀▄▀█▀
▄░░▄█░██░█▄░░▄
█░▄█░▀█▄▄█▀░█▄░█
▀▄░███▄▄▄▄███░▄▀
▀▀█░░░▄▄▄▄░░░█▀▀
░░██████░░█
█░░░░▀▀░░░░█
▀▄▀▄▀▄▀▄▀▄
▄░█████▀▀█████░▄
▄███████░██░███████▄
▀▀██████▄▄██████▀▀
▀▀████████▀▀
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▀▄███░░░▀████░███▄▀██▄
███░████░░░░░▀██░████░███
███░████░█▄░░░░▀░████░███
███░████░███▄░░░░████░███
▀██▄▀███░█████▄░░███▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
SOUTHAMPTON FC
FAZE CLAN
SSC NAPOLI
Captain Corporate
Hero Member
*****
Offline Offline

Activity: 2142
Merit: 575



View Profile WWW
May 10, 2022, 09:40:14 PM
 #53

I have been here for nearly 10 years now, getting close to it at least. I can say that this is not the last crash we will see, and we also won't have just one more hyped increase. I am certain that we will see plenty of increases in prices, and I am certain that there will be plenty of crashes as well. We just need to realize that none of this matters if you are holding long term. I have been holding for years, and I have seen plenty of increases and many crashes and none of them made me "profit" or "loss" because I am just holding. You could do the same if you want to, its not that hard, buy and just move on with your life and not check the prices every 5 minutes.

▄▄███████████████████▄▄
▄█████████▀█████████████▄
███████████▄▐▀▄██████████
███████▀▀███████▀▀███████
██████▀███▄▄████████████
█████████▐█████████▐█████
█████████▐█████████▐█████
██████████▀███▀███▄██████
████████████████▄▄███████
███████████▄▄▄███████████
█████████████████████████
▀█████▄▄████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
Silberman
Legendary
*
Offline Offline

Activity: 2688
Merit: 1374


View Profile
May 10, 2022, 09:50:21 PM
 #54

Looks like many Newbies are getting to see the other side of Crypto-currency. I just love the volatility of Crypto-Currency. It brings back the reality to many who feels crypto has made a promise to always go up. The Crypto-Market has started to go in negative way, and there are chances that it would continue in that way for a long while well from my experience which I always refer to as little I think isn’t all about hodl but it more hav to do with what you are holding so, I recommend do more inquirer on your coin to know if you holding or counting your losses.
The bull markets in bitcoin can be so long that a newbie can spend a whole year without experiencing any kind of important drop in the price, but it is not until we experiment a bear market in which we will actually see who is going to remain in this market for the long term, I see it as a similar process to forging a blade, in which a blacksmith works the metal to take off any impurities from it while shaping it to create the best weapon possible, bear markets do the same as they helps us to get rid of weak hands and to me that is a good thing.
dark1234
Full Member
***
Offline Offline

Activity: 1134
Merit: 167



View Profile
May 10, 2022, 09:53:57 PM
 #55

I have been here for nearly 10 years now, getting close to it at least. I can say that this is not the last crash we will see, and we also won't have just one more hyped increase. I am certain that we will see plenty of increases in prices, and I am certain that there will be plenty of crashes as well. We just need to realize that none of this matters if you are holding long term. I have been holding for years, and I have seen plenty of increases and many crashes and none of them made me "profit" or "loss" because I am just holding. You could do the same if you want to, its not that hard, buy and just move on with your life and not check the prices every 5 minutes.
I agree with you, we are not newcomers here and this has happened over and over in the market even forming a cycle that we can wait in a period of 4 to 5 years for a new ATH to occur, and now is the time to buy and hold it not to sell it in a few minutes so that get maximum profit

Wawa2013
Sr. Member
****
Offline Offline

Activity: 1666
Merit: 268



View Profile
May 10, 2022, 09:56:18 PM
 #56

currently the trader's mentality is being tested by the market, the market is still heading for a correction. no word of recovery for current market conditions. as an experienced trader, of course, you will not panic in a situation like this, this is where we will see how experienced and professional traders can wisely respond to market conditions like this. Talking about prices not always going down and not always going up.

Our patience will be tested in the current market situation, but the steps and decisions we will take is also something important. Because if we make
the wrong decision can make us suffer losses, therefore we must think carefully before making a decision. The most important thing is that we don't
panic when we see a market crash like it is today, because everything has a solution and a way out.

Therefore experience is usually an important factor in determining the decisions we take, as you said experienced traders already know the decisions
he will take. Since he had experienced something similar before, so usually experienced traders learn from the mistakes they have made. So my advice
if we don't have experience with the current market situation, don't be in a hurry to make a decision, it's better to just monitor the market first.
Analyze market movements, that way we can learn how the market moves, after that we can conclude the steps we will take. Moreover, the crypto
market is very volatile, making the market very difficult to predict, so be careful in making decisions. Stay in control of our emotions, so we can make
wise decisions.

▄▄▄████████▄▄▄
▄▄█████████████████▄▄
▄████████████████████▄
████████████████████████████
████████████████████████████
██████████████████████████████
████████████████████████████
████████████████████████████████
██████████████████████████████
████████████████████████████
▀██████████████████████▀
▀▀██████████████████▀▀
▀▀▀████████▀▀▀
.
Metavault.Trade
████████████
██
██
██
██
██
██
██
██
██
██
██
██████
██████████████████████████████████████████
.
NEXT GENERATION PERPETUAL DEX WITH
ZERO SLIPPAGE SWAPS & UP TO 30X LEVERAGE

.
██████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
████████████
Faster, Safer, Smarter!
.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬   ██   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
.
TWITTER  |  DISCORD  |  TELEGRAM  |  MEDIUM  |  GITHUB
Tony116
Legendary
*
Offline Offline

Activity: 2324
Merit: 1023


DGbet.fun - Crypto Sportsbook


View Profile
May 10, 2022, 10:00:41 PM
 #57

currently the trader's mentality is being tested by the market, the market is still heading for a correction. no word of recovery for current market conditions. as an experienced trader, of course, you will not panic in a situation like this, this is where we will see how experienced and professional traders can wisely respond to market conditions like this. Talking about prices not always going down and not always going up.


Panic and panic selling only happens to newbies to the market investors who have never experienced and witnessed the market crash in 2018.
This market correction should come as no surprise to seasoned investors.

I think a market like this is a good thing for newbies because they need more experience to mature, there is no market that just goes up without going down. After this drop, those who can survive and stay in the market will soon have success in the future.

cabron
Hero Member
*****
Offline Offline

Activity: 2996
Merit: 613


https://www.betcoin.ag


View Profile WWW
May 11, 2022, 04:58:54 AM
 #58

No it's not the big one! Market is indeed crashing due to the increase in interest by FED. Same is happening in India as well, after Indian central bank announced an interest increase of 40 BPS points. But such crashes are temporary.

Increase in interest rate forces a segment of investors who had invested their extra cash in stock market. Some institutions who are parking their free cash in stock market, has been pulled out as well. So a temporary crash we are seeing.

That will recover quite soon.
Its my first time knowing that whenever FED increase interest rates, it often have a negative effect in the market. What I only know is the Russia-Ukraine war and the inflation is the reason why markets are going down. Thanks for sharing.

Crashes are temporary I agree on that. The best thing to do right now is to stay patient and not do anything or if possible stay away from seeing the charts because it will just make you anxious and you might panic as well and make bad decisions. If you have extra money then you can buy assets at a lower price but its risky.

We can add those variety of reason like inflation and interest rate but for the technical traders, it sounded like they already see it coming. They were drawing trendlines and if the retest of uptrend isn't successful the market will tend to do its correction or bear market to its extent.

In the SP500, the uptrend line was broken. In Bitcoin where there is so much volatility it all correlates because when it touches that$68k price and back down again, they've already seen it coming since the retest failed. I think we will really be seeing how the market take a dive if price falls below $30k.

P2PECS
Member
**
Offline Offline

Activity: 173
Merit: 74


View Profile
May 11, 2022, 06:19:37 AM
 #59

Now is a good time to buy. Markets may go down further, but it is in times of panic that you can buy cheap and make money. I am sure a lot of retail investors bought at or near the highs and have sold now, as is often the case.

Those who had to sell houses in 2007 for lack of liquidity or other reasons lost money. Those who were liquid and bought at the time of the crash made money.

In the same way, those who buy now will see good profits in a few years.
nur rochid
Full Member
***
Offline Offline

Activity: 1050
Merit: 100


View Profile
May 11, 2022, 06:36:08 AM
 #60

No it's not the big one! Market is indeed crashing due to the increase in interest by FED. Same is happening in India as well, after Indian central bank announced an interest increase of 40 BPS points. But such crashes are temporary.

Increase in interest rate forces a segment of investors who had invested their extra cash in stock market. Some institutions who are parking their free cash in stock market, has been pulled out as well. So a temporary crash we are seeing.

That will recover quite soon.
Its my first time knowing that whenever FED increase interest rates, it often have a negative effect in the market. What I only know is the Russia-Ukraine war and the inflation is the reason why markets are going down. Thanks for sharing.

Crashes are temporary I agree on that. The best thing to do right now is to stay patient and not do anything or if possible stay away from seeing the charts because it will just make you anxious and you might panic as well and make bad decisions. If you have extra money then you can buy assets at a lower price but its risky.

We can add those variety of reason like inflation and interest rate but for the technical traders, it sounded like they already see it coming. They were drawing trendlines and if the retest of uptrend isn't successful the market will tend to do its correction or bear market to its extent.

In the SP500, the uptrend line was broken. In Bitcoin where there is so much volatility it all correlates because when it touches that$68k price and back down again, they've already seen it coming since the retest failed. I think we will really be seeing how the market take a dive if price falls below $30k.

The Fed's policy due to inflation that triggers an increase in interest rates does have an impact on cryptocurrencies, and also not only crypto, but the stock market as well. I think we can use this as an opportunity to invest, because when else will we get a big discount before the bullish season arrives. therefore the search for the right area for the reversal to occur is very helpful for making a profit
Pages: « 1 2 [3] 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!