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xSkylarx
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June 16, 2022, 01:41:52 PM |
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I am not sure how long this bear market ends but there are many factors that affects the current market sentiment. Covid19 pandemic still affects the livelihood of some countries. Many people are liquidating their investments on crypto preparing for the possibility of a global recession. Some says that crypto market will only recover again after the next bitcoin halving in 2024. Well for me, this is a the perfect opportunity to have huge gains for the next bull run. Accumulating at this price will give you easy 100% gain of your investment.
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Kadal Ijo
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June 16, 2022, 02:58:08 PM |
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I did not expect that the market drop was significant, which was more than 33% in less than 5 days, this was the effective campaign of haters to spread FUDS to anyone to immediately leave Cryptocurrencies, when the market drop was significant, it took a long time as happened in the year 2018.
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Pandu Geddon
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June 16, 2022, 02:58:55 PM |
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I am not sure how long this bear market ends but there are many factors that affects the current market sentiment. Covid19 pandemic still affects the livelihood of some countries. Many people are liquidating their investments on crypto preparing for the possibility of a global recession. Some says that crypto market will only recover again after the next bitcoin halving in 2024. Well for me, this is a the perfect opportunity to have huge gains for the next bull run. Accumulating at this price will give you easy 100% gain of your investment.
no one knows how long the market will stay in its current state. although there is some stabilization this does not mean the market has improved. we could see a more extreme decline. before going in, I think we should consider the possibility of another downturn. I have faith we're not done with the bear scaring everyone. |
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BlackBaron
Sr. Member
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Activity: 643
Merit: 263
#SWGT PRE-SALE IS LIVE
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June 16, 2022, 03:09:10 PM |
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Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.
The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?
What will happen next?
How long do you think the market will take to recover?
If that's your question, it seems that you have to remember the history that happened with Bitcoin in the previous year, in 2019 something like this happened, but I'm not sure that this is what investors have been waiting for the most, there is a deeper possibility that this will happen. Recover, depending on the market situation what i saw happened before after the bear market the bulls will catch up one year later thats all i know. |
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maydna
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June 16, 2022, 03:48:11 PM |
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I am not sure how long this bear market ends but there are many factors that affects the current market sentiment. Covid19 pandemic still affects the livelihood of some countries. Many people are liquidating their investments on crypto preparing for the possibility of a global recession. Some says that crypto market will only recover again after the next bitcoin halving in 2024. Well for me, this is a the perfect opportunity to have huge gains for the next bull run. Accumulating at this price will give you easy 100% gain of your investment.
no one knows how long the market will stay in its current state. although there is some stabilization this does not mean the market has improved. we could see a more extreme decline. before going in, I think we should consider the possibility of another downturn. I have faith we're not done with the bear scaring everyone. Yes, that's correct. No one knows when the market will change because it will depend on the sentiments of the people who trade in the crypto market. Maybe this bear market will be in the market for a while and give people more time to buy lots of coins before the market changes direction and the price of individual coins can go up again. But if you are thinking of selling your coins, you better recalculate how much you will get because it is not easy to see your money's value after selling your coins. But if your strategy is to sell the coins so you can buy them at a lower price, you can try, but there will be risks that you have to bear. |
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Jocuserious
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June 16, 2022, 05:13:58 PM |
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Next will return bull market again so we should wait till it. When btc price goes to fail then market crashing start so if you want more profits in the future then perfect time for btc and eth. At least you can find out top coin deep price then better for your profits. I Won't force you like its your own choice but we can share just our mind.
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el kaka22
Legendary
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Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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June 17, 2022, 04:36:36 AM |
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If we knew how long it would take, then we would sell everything at exact moment it will recover, and just buy bitcoin. I am actually quite close to try to convince my wife to sell our car. It would be difficult to do and I would fail, she would never sell our car, but I would at least give it a try.
Think about it, we are close to 20k right now, and 40k is not that far away for us in time period, which means that it could be done. This is why I am not entirely sure what to do, maybe it would be possible for all of us to make that type of crazy move? I could literally turn our car price into x2 with it if I sold it and bought right now.
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AakZaki
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Activity: 2310
Merit: 1076
zknodes.org
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June 17, 2022, 05:36:27 AM |
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I did not expect that the market drop was significant, which was more than 33% in less than 5 days, this was the effective campaign of haters to spread FUDS to anyone to immediately leave Cryptocurrencies, when the market drop was significant, it took a long time as happened in the year 2018.
It's still uncertain and no one knows if it will take long to get back up and get to the new ATH again. Because now crypto is getting known and whales are starting to look at crypto. Some manipulation is done to make the price lower, so that the whales have the opportunity to buy at a lower price. Market drips significantly test those new holders to sell their assets. You only need Technical analysis and Fundamentals to determine the boundaries where the market will rise again and at which point the market will crash again. Doing a DCA strategy might be better, the important thing is to have funds and allocate a few percent in stages. Look and observe, when the price is deep press a buy order. |
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Victorik
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Activity: 966
Merit: 14
Tontogether | Save Smart & Win Big
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June 17, 2022, 08:50:02 AM |
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Sadly, no one has a crystal ball to look into to predict the turn of event when it comes to cryptocurrency.
The market may take a little while to settle seeing that everything is based on Bitcoin. If BTC recovers, then be sure that alt will follow suite. But, I don't see a recovery any time soon
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breathlessz
Member
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Activity: 770
Merit: 12
Trphy.io
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June 17, 2022, 01:01:16 PM |
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Next will return bull market again so we should wait till it. When btc price goes to fail then market crashing start so if you want more profits in the future then perfect time for btc and eth. At least you can find out top coin deep price then better for your profits. I Won't force you like its your own choice but we can share just our mind.
the more the bitcoin price collapses, the easier it will be for us to make a profit, because with a little capital we will get more bitcoins, and after that we just have to wait to see the bull market really comes, no one knows for sure for that, as has been exemplified before , 4 years being a bearish season and after that the bullish season comes in 2021, at least for this time we have to be patient for that long, and it could happen sooner or later |
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Pandu Geddon
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June 17, 2022, 01:16:05 PM |
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But if your strategy is to sell the coins so you can buy them at a lower price, you can try, but there will be risks that you have to bear.
to sell now of course the time was too late. if you have assets that have decreased by more than 50% of course you will lose by selling them. although you can buy at a lower price, it is not a guarantee that we will get a better return. Just wait, while increasing a load of your bag with several stages of decline that occur. Do not despair, because the market has a moment to pump again. |
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doomloop
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June 17, 2022, 03:14:11 PM |
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Of course the best thing to do is dollar cost averaging or dca in short, for both bitcoin and ethereum so that you won't miss any of the opportunity that comes from them. If you will wait for a further drop, there might be no guarantees that it can happen again because the market is already dumped too much and those who have waited for this moment have already started buying, so soon there is only a reversal that will happen.
If you truly wanted for the market to recover, then don't just wait and sit there but do some actions. Help the others that are currently buying now as the more the people that will do it, the faster the recovery is.
DCA is just the right move to do whatever is going on in the market. It could be going down, it could be going up, whatever you do, when you do it with DCA that means you will be able to profit from it. I am not saying that you should always do this, there are situations where you could avoid that, but at the end o the day, you will be able to make a profit from it if you know what you are doing and that is exactly what people are after. There are ways you can do DCA which would be wrong too, so wait for it to be at a place which would make you profit a lot more in the future, if you just keep on buying every hour, that is not DCA at all, so know how to do it properly. |
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BITCOIN4X
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Activity: 1974
Merit: 1151
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June 17, 2022, 03:47:30 PM |
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It's still uncertain and no one knows if it will take long to get back up and get to the new ATH again. Because now crypto is getting known and whales are starting to look at crypto. Some manipulation is done to make the price lower, so that the whales have the opportunity to buy at a lower price. Market drips significantly test those new holders to sell their assets. You're right, there is no surefire way to know how long it will take the market to recover and hit ATH again. Currently, traders and investors will certainly be waiting for how the new bitcoin price pattern will form after the recent correction. But for those long-term investors, then they may have made a purchase and took advantage of this moment. We know that manipulation is always possible in the market during this correction, but I would disagree if someone said only whales can control the market regardless of the purpose. While whales have the power to move the market, it's clearly not going to happen in the long term as they usually only last a very short time. We can also take advantage of this moment of correction because actually $20K is a pretty cheap price compared to the previous ATH which hit $69K. |
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Mpamaegbu
Legendary
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Merit: 1208
Once a man, twice a child!
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June 17, 2022, 07:02:21 PM |
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Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?
If you can, you can DCA. Make sure it's on cryptos you favour on your own after in-depth research and not just ones promoted on hype. However, truth be told I just hope the market goes down further as that will enable it gain stability and also afford me that opportunity to get cryptos I favour at cheap rates. How long do you think the market will take to recover?
I don't think anyone can really tell when that will be. Nevertheless, I know that whatever happens November is always a good month for cryptos. So, no matter what; I expect the market to be bullish in Move-ember. It's the month for upward movement. |
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Kelvinid
Sr. Member
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Activity: 2800
Merit: 344
when lambo...
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June 17, 2022, 07:06:59 PM |
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Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.
The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?
What will happen next?
How long do you think the market will take to recover?
The word collapsing isn't the right word for the current situation, the market isn't dying which is too harsh to say that. I think declining is enough to tell that prices went down but still, there is a hope of recovery. Yes, this is actually not a thing we worried about seeing such scenario is found normal in cryptocurrency and this is the thing we called risk. And, of course, recovery has always been there but that seems hard to know when it come. Patience really matter at this point and not to lose our mind, yet still positive. |
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Silberman
Legendary
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Activity: 2506
Merit: 1334
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June 17, 2022, 07:32:59 PM |
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But if your strategy is to sell the coins so you can buy them at a lower price, you can try, but there will be risks that you have to bear.
to sell now of course the time was too late. if you have assets that have decreased by more than 50% of course you will lose by selling them. although you can buy at a lower price, it is not a guarantee that we will get a better return. Just wait, while increasing a load of your bag with several stages of decline that occur. Do not despair, because the market has a moment to pump again. Without a doubt for a trader that failed to trigger their stop loss or they simply refused to sell it is too late to do so and what decision to take will depend almost entirely on the type of asset they are holding, if they are holding bitcoin or another coin which is worth it then you can hold your coins and wait for the next bull market, however if a trader was using their money to trade some other altcoins then even with the tremendous losses they will suffer I think it is a better idea to sell as it is unlikely those coins will ever recover. |
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molsewid
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June 17, 2022, 11:10:30 PM |
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The word collapsing isn't the right word for the current situation, the market isn't dying which is too harsh to say that. I think declining is enough to tell that prices went down but still, there is a hope of recovery. Yes, this is actually not a thing we worried about seeing such scenario is found normal in cryptocurrency and this is the thing we called risk. And, of course, recovery has always been there but that seems hard to know when it come. Patience really matter at this point and not to lose our mind, yet still positive.
Yes, crypto will soon recovered. We've been here before and we will continue to used to this, it is normal that we may encounter some bear runs, we should know that it is not always bear runs soon bull run will come, we just need to find the perfect opportunity in this situation or we just need to improve our patience towards everything so that when the time comes, we can reap what we sow. It will take only a blink of an eye for bitcoin to pump, it is just that pandemic and war happens. |
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LastKiss
Sr. Member
Offline
Activity: 2156
Merit: 251
Binance #Smart World Global Token
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June 17, 2022, 11:25:03 PM |
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Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.
The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?
What will happen next?
How long do you think the market will take to recover?
If you have a lot of capital then just go with DCA, since that strategy is the best one in this bearish situation. There are a lot of negative sentiments from many things like the fall of UST, the Fed, and more. This year is probably the best year to accumulate crypto and the next year maybe we can see some hope that crypto will regain its condition. |
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kamvreto
Legendary
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Activity: 1960
Merit: 1157
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June 18, 2022, 03:54:49 AM |
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The word collapsing isn't the right word for the current situation, the market isn't dying which is too harsh to say that. I think declining is enough to tell that prices went down but still, there is a hope of recovery. Yes, this is actually not a thing we worried about seeing such scenario is found normal in cryptocurrency and this is the thing we called risk. And, of course, recovery has always been there but that seems hard to know when it come. Patience really matter at this point and not to lose our mind, yet still positive.
Yes, crypto will soon recovered. We've been here before and we will continue to used to this, it is normal that we may encounter some bear runs, we should know that it is not always bear runs soon bull run will come, we just need to find the perfect opportunity in this situation or we just need to improve our patience towards everything so that when the time comes, we can reap what we sow. It will take only a blink of an eye for bitcoin to pump, it is just that pandemic and war happens. At the beginning of the pandemic bitcoin was indeed down, but because of the effects of the pandemic bitcoin also reached a new ATH because people started working from home and looking for investments that have faster and bigger returns like bitcoin. War can also be the reason why bitcoin is down but only by a percentage. Bitcoin's decline was actually caused by several things, such as the Fed's new rules raising the benchmark interest rate by 0.5% to reduce the annual inflation rate which has now reached 8.6% for the last four decades. this certainly makes the US market situation volatile and affects the bitcoin market as well. The market will indeed recover, but wait for the market conditions to not heat up. This bearish will not always happen, there will be a bullish answer later. |
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Ararbermas
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June 18, 2022, 04:35:57 AM |
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Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.
The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?
What will happen next?
How long do you think the market will take to recover?
we cannot tell what will happen next because as you can see despite of some good news since the growth rate fell last year until now , it seems there's no changes, although somehow it making small progress in the market along with other altcoins but still collapsing afterwards.. This situation is very unpredictable to be honest! Perhaps it will become predictable if it totally showing a good sign of reversal. I mean a strong momentum of uptrend. |
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