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Author Topic: What to do in a bear market  (Read 683 times)
adaseb
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June 12, 2022, 03:41:33 AM
 #61

ETH still dropping on all this stETH drama.

If you pull up a monthly chart for ETHUSD on Coinbase you will see that it almost touched the ATH from 2017. It was only off by $10. The low was $1430 and high back then was $1420.

Seems like a great price however, honestly don’t think it’s a good area to buy. Most likely won’t hold and might come closer to the $1000 areas.

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ethereumhunter
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June 12, 2022, 05:20:08 AM
 #62

In a bear market should one be buying graphic cards or one should be buying coins instead?.
I prefer buying coins over graphics cards because if you want to mine a coin, you have to calculate the electricity cost and how much reward you will receive in one day or month. Before starting mining, we must calculate everything so there will be no regrets later.

Therefore, I prefer to buy coins because we don't need to calculate various things and only analyze the coin before buying.

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Metroid
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June 12, 2022, 10:58:31 AM
 #63

ETH still dropping on all this stETH drama.

If you pull up a monthly chart for ETHUSD on Coinbase you will see that it almost touched the ATH from 2017. It was only off by $10. The low was $1430 and high back then was $1420.

Seems like a great price however, honestly don’t think it’s a good area to buy. Most likely won’t hold and might come closer to the $1000 areas.

It seems eth got lower than 2017 ath, lowest 24h is 1422 usd. BTC is holding well reason altcoins are not crashing lower and lower, as soon as btc crashes below 20k then we will start seeing misery, pain, nightmares and so on, eth went from 1440 usd to 80 usd, that was 17.5 times crash, insane, so a 9x crash minimum is possible for eth this time, so 500 - 800 usd but it might crash lower if the 500 usd is lost then next worse case scenario would be 300 usd as bottom, I dont think eth will crash lower than 300 usd except if a luna scam effect happens.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
rdluffy
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June 12, 2022, 12:39:16 PM
 #64


It seems eth got lower than 2017 ath, lowest 24h is 1422 usd. BTC is holding well reason altcoins are not crashing lower and lower, as soon as btc crashes below 20k then we will start seeing misery, pain, nightmares and so on, eth went from 1440 usd to 80 usd, that was 17.5 times crash, insane, so a 9x crash minimum is possible for eth this time, so 500 - 800 usd but it might crash lower if the 500 usd is lost then next worse case scenario would be 300 usd as bottom, I dont think eth will crash lower than 300 usd except if a luna scam effect happens.

Market is being irrational again, after Luna, every signal of "death spiral", "depeg" etc, people are losing their minds without understand whats's happening

I remember in 2018 we didn't have war, money crisis, inflation etc, so I started to think it's becoming harder to see people or companies investing tons of money right now due to these circumstances, and for consequence, we'll not see a big pump anymore, so, better to put ETH on a cold wallet and wait a little more  Cheesy

I didn't expect this price of ETH so soon, maybe it's better to suffer soon than slowly and later  Cheesy


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arielbit
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June 12, 2022, 12:43:32 PM
 #65

ETH still dropping on all this stETH drama.

If you pull up a monthly chart for ETHUSD on Coinbase you will see that it almost touched the ATH from 2017. It was only off by $10. The low was $1430 and high back then was $1420.

Seems like a great price however, honestly don’t think it’s a good area to buy. Most likely won’t hold and might come closer to the $1000 areas.

It seems eth got lower than 2017 ath, lowest 24h is 1422 usd. BTC is holding well reason altcoins are not crashing lower and lower, as soon as btc crashes below 20k then we will start seeing misery, pain, nightmares and so on, eth went from 1440 usd to 80 usd, that was 17.5 times crash, insane, so a 9x crash minimum is possible for eth this time, so 500 - 800 usd but it might crash lower if the 500 usd is lost then next worse case scenario would be 300 usd as bottom, I dont think eth will crash lower than 300 usd except if a luna scam effect happens.

michael saylor (micro strategy) should be liquidated before BTC goes to 100k LOL

at around the same time ETH goes POS and the blockchain goes to a halt like solana LOL

then we all begin again for the next big thing  Grin
Metroid
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June 12, 2022, 12:57:45 PM
Last edit: June 12, 2022, 01:32:02 PM by Metroid
 #66

Market is being irrational again, after Luna, every signal of "death spiral", "depeg" etc, people are losing their minds without understand whats's happening

I remember in 2018 we didn't have war, money crisis, inflation etc, so I started to think it's becoming harder to see people or companies investing tons of money right now due to these circumstances, and for consequence, we'll not see a big pump anymore, so, better to put ETH on a cold wallet and wait a little more  Cheesy

I didn't expect this price of ETH so soon, maybe it's better to suffer soon than slowly and later  Cheesy

Yeah, this will only get worse, last year scammers and the media used the same inflation word to make people to buy cryptos and saying protect your money by buying crypto, now you see the same media and scammers saying nothing, I guess they sold at top and will buy at bottom and they know the bottom will be sometime next 12 months or so.

michael saylor (micro strategy) should be liquidated before BTC goes to 100k LOL

at around the same time ETH goes POS and the blockchain goes to a halt like solana LOL

then we all begin again for the next big thing  Grin

I dont think he will sell all his btc, I'm sure he will sell if he needs money, that man is an one man army, he puts all his eggs in just one basket, he is brave, I mean BTC is the first coin created and the most valuable at moment but one day BTC will be replaced and if that happens then gameover, he will likely kill himself for stupidity. Yeah I'm sure scammers will great other scams and hopes and dreams for new gamblers next cycle, the question is which coins will survive this death spiral, usually 99% of coins die and of these 1% that survive, most crash 90% or more and some 99% from top.

There will be a bulltrap before we move to bear market, this still a pre bear market.

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