Markinzo
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Activity: 336
Merit: 41
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June 21, 2022, 08:41:07 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?
Your question invites a lot of thoughts to my mind and how wish someone out there could really have an accurate or a near answer to it. All we have right now is just speculations and guess work on the market , the only thing everything cryto trader needs now is patience, just hold, cause definitely the market will eventually pump irrespective of the collapse it is currently facing.
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bitcrystal
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June 21, 2022, 11:24:04 PM |
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We are still in bear and this is my opinion. So it's better to thread with caution and see how things unfold. Don't be in a hurry to buy so that you won't exhaust your funds even if you want to DCA before market finally reverses.
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Oilacris
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June 22, 2022, 02:01:09 AM |
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We are still in bear and this is my opinion. So it's better to thread with caution and see how things unfold. Don't be in a hurry to buy so that you won't exhaust your funds even if you want to DCA before market finally reverses.
Reversal is inevitable thats why it's really important that you should really make yourself do take risk if you do intend to take some step on this bear market or would wait even more further since you do believe that it might plunge even way more lower. There's no assurance though but people who do take risk are the ones who would benefit out once this market reverses and the question will be always on when?
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MiF
Sr. Member
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Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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June 22, 2022, 02:30:41 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?
after the bear season, bullish season is the next season to enjoy, because crypto is not stable i am sure that after the bloody market take place in crypto space the next is bullish market, we only need to find out when bloody market ends but for me enjoying bear market by buying and filling our bags is a good strategy this time and enjoy the profit when crypto market recover.
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Kadal Ijo
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June 22, 2022, 03:10:57 AM |
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I knew Bitcoin when in 2016 when people talked about Mining and Halving Day in June 2016, at that time the price of Bitcoin was around $ 400 and then Bitcoin was increasingly popular because it skyrocketed reaching more than $ 19K in December 2017, unfortunately the Market Red and took almost 3 times Years to make New Ath again.
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blockman
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June 22, 2022, 07:19:05 AM |
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We are still in bear and this is my opinion. So it's better to thread with caution and see how things unfold. Don't be in a hurry to buy so that you won't exhaust your funds even if you want to DCA before market finally reverses.
Well, if hurrying is on this time that you're going to buy while they're cheap. I think that's a good hurry that you're trying to do. But if you want to observe for more and you've got no idea how the recovery shall occur. It's a good time for you to check out your plan and look for the cheap deals that you can get with the market and, the basic and most important of them all is buying bitcoin.
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kapalmabur
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June 22, 2022, 07:45:38 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?
after the bear season, bullish season is the next season to enjoy, because crypto is not stable i am sure that after the bloody market take place in crypto space the next is bullish market, we only need to find out when bloody market ends but for me enjoying bear market by buying and filling our bags is a good strategy this time and enjoy the profit when crypto market recover. That's the moment that everyone is waiting for but we won't know when the bull market will come for sure, at this time we have to be really patient and take advantage of the opportunities that exist to make a profit, most importantly keep holding on and keep up with the latest developments and news
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tvplus006
Legendary
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Activity: 2478
Merit: 1945
To the Moon
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June 22, 2022, 10:34:54 AM |
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We are still in bear and this is my opinion. So it's better to thread with caution and see how things unfold. Don't be in a hurry to buy so that you won't exhaust your funds even if you want to DCA before market finally reverses.
Of course, the best time to buy coins will be purchase, after confirming the market reversal. Of course, in this case, your average price will be higher than if you bought coins at the very bottom, but such a purchase will be safer for your budget. And it should be remembered that almost no one can buy coins at the lowest price, just like selling at high.
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Franctoshi
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June 22, 2022, 11:52:38 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?
From the Fundamental and Technical point of view of the market and with these events to take place in the future like •The current interest rates hikes and with FED chairman Jerome Powell statement on when they're likely going to run off the blansheet • inflation • Grayscale ETFs Bitcoin proposal July 6th 2022, • With monthly market structure pointing towards @$12k-11k pppossiblity • With Bitcoin halving in 2024. I do think in my opinion that the market will likely start recovering from 2023 and eventually takes off after 2024 having.
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Ziskinberg
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June 22, 2022, 12:46:28 PM |
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...what we can do is waiting for market recovery, 2024-2025 I'm sure all holders can laugh
No one can know when the market will recover and become bullish again. Therefore, all these tentative dates have nothing to do with reality. But I am only sure that the reversal will happen at the very moment when no one will believe in it anymore and most market participants will open short positions, expecting a further decline in the market. Perhaps, it was too early to think when I'd rather enjoy the moment of accumulating some crypto while there is a big sale in the market. Of course, we do believe that market recovery some next and that is not surprising anymore since we surely would see it. But as of this time, we haven't seen yet any indication of such a thing, I was predicting this will commence after halving (tentative date) just like what happened in the previous bullrun. I think we have long days to wait, probably years.
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justdimin
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June 22, 2022, 02:29:30 PM |
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The markets are completely unpredictable and what better example of this than the last bull run of bitcoin, when the pandemic just was starting people were very worried about it and the price of bitcoin went down due to those worries, at the time it seemed as if the price would have taken a lot of time to recover, and instead what we saw was bitcoin finally breaking its previous all time high with ease, so it is possible things have to get even worse for the bull market we are waiting for to finally appear.
That made a bit of sense, I am not saying that it was the most wonderful idea, but it did made some sense. I have to say that pandemic caused a lot of financial problems, but the inflation was due to money printing, since nobody had a chance to make money, what happened was USA printed money and distributed for free, to everyone, and this means that people ended up making money for doing nothing and invested that into crypto. This caused it to go up, that is also the time stock market went up and gold went up, basically everything did. This is why FED increased the rates, trying to collect some of that money back right now to make sure it doesn't go bad.
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PX-Z
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June 22, 2022, 05:36:50 PM |
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In every huge dump especially for a short period of time and with a huge restrain it always takes more than a year or two before it can recover. Usually when bitcoin halving is near. Unlike the other way around, it just takes days or weeks to pump and reach another ATH, to get profit.
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Shasha80
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June 22, 2022, 09:23:19 PM |
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...what we can do is waiting for market recovery, 2024-2025 I'm sure all holders can laugh
No one can know when the market will recover and become bullish again. Therefore, all these tentative dates have nothing to do with reality. But I am only sure that the reversal will happen at the very moment when no one will believe in it anymore and most market participants will open short positions, expecting a further decline in the market. Perhaps, it was too early to think when I'd rather enjoy the moment of accumulating some crypto while there is a big sale in the market. Of course, we do believe that market recovery some next and that is not surprising anymore since we surely would see it. But as of this time, we haven't seen yet any indication of such a thing, I was predicting this will commence after halving (tentative date) just like what happened in the previous bullrun. I think we have long days to wait, probably years. If we look at the decline in the price of crypto which is quite deep, it seems that we may not expect the market to recover in the near future. We will be stressed if we think about when the market will recover, because no one knows that. Therefore, what we need to do is to continue to accumulate some coins that we consider potential, so what you are doing is correct, we don't need to spend our energy thinking about how long the bear market will last. Because we definitely won't find the answer, we'd better take advantage of the situation where all the coins are now at a low price, by buying some potential coins according to our respective financial capabilities. So when the market recovers we will get a big profit, most importantly we must be careful when choosing coins for investment. Don't let us buy shitcoins, which will only make us lose money.
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Yamifoud
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June 22, 2022, 11:23:04 PM |
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In every huge dump especially for a short period of time and with a huge restrain it always takes more than a year or two before it can recover. Usually when bitcoin halving is near. Unlike the other way around, it just takes days or weeks to pump and reach another ATH, to get profit.
Yes, it wasn't easy for the market to recover, and even with help of huge investment, whales, and small market players, this can't be possible to run in just a few months, that certainly takes years. But I have no worry about that, not even hurry - and I don't want to stress myself thinking that either. In fact, as to remember that last bear season I take almost 3 years to recover, that was a long bearish season but can't imagine how far it goes up that shook the world of finance. I hope that can be the same and looking forward to $100k.
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Silberman
Legendary
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Activity: 2688
Merit: 1374
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June 24, 2022, 01:24:07 PM |
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Not so long ago I read an article by analysts from AMarkets on this topic. I think it will take a few years for sure.
Most likely it is going to take that long, and not only because at that time the halving will be way closer but it also has to do with the nature of the people holding bitcoin, in order for the price to go up we need for a great deal of the bitcoin to be in possession the strong hands and this can only happen by weak hands selling their coins in panic, and since this is a process that will take a lot of time then we cannot have a bull market until that bitcoin transference is completed.
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RealMalatesta
Legendary
Online
Activity: 2366
Merit: 1137
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June 24, 2022, 06:38:38 PM |
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We are still in bear and this is my opinion. So it's better to thread with caution and see how things unfold. Don't be in a hurry to buy so that you won't exhaust your funds even if you want to DCA before market finally reverses.
Of course, the best time to buy coins will be purchase, after confirming the market reversal. Of course, in this case, your average price will be higher than if you bought coins at the very bottom, but such a purchase will be safer for your budget. And it should be remembered that almost no one can buy coins at the lowest price, just like selling at high. Safer, but still undecided because you have no idea if the "upwards" movement you see, will be the start of a bull run, or a dead cat bounce. This is why it is always better to buy when it looks like it bottomed out, if you are wrong then you can buy some more later on when it drops further, do not use all of your money to buy once, hence how you could be safe from the current situation. What I really would love to see right now would be to go down a bit further, I know that sounds weird because I have bitcoins, but that means the price would finally get to a level where we get rid of all the sellers, and only the diamond hands would stay and we can go up easier after that.
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Subbir
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Activity: 798
Merit: 104
🎄 Allah is The Best Planner 🥀
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June 24, 2022, 06:50:30 PM |
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The think is difficult to give an accurate idea of the current state of the market, but it can be said that the market may return to it's previous state in 6 months or more than 1 year. Observing everything, it can be seen that the market will be good again but with a long time.
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Dessy88
Full Member
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Activity: 1050
Merit: 100
Vave.com
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June 24, 2022, 07:27:27 PM |
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Short or long everything depending on biggest investors community who there are millioner. At least millionr investors can control market position. Although the price of btc down lot of so need to take more time for recovery. Without btc price rising we can't expect altcoins market.
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sklopan
Jr. Member
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Activity: 98
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June 24, 2022, 08:19:45 PM |
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I think the market will need a lot of time. Moreover, given the current situation and the fact that the situation will not improve, this will only delay the process of renewal.
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Lanatsa
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June 24, 2022, 08:29:54 PM |
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Short or long everything depending on biggest investors community who there are millioner. At least millionr investors can control market position. Although the price of btc down lot of so need to take more time for recovery. Without btc price rising we can't expect altcoins market.
Yes, everything will really be depending on the people who do really make out some investment or simply to those market makers in the market which would really dictate on what would be the price but of course not all will really be in harmony because this is always been a tug-of-war in between sellers and buyers and plus having those market sentiments then this is something totally different and everything would really be random. How long it would really be recover? No one really knows and this is something that we do always keep on questioning about recovery.This is why we do make out our own steps and decisions in relation to this. the best thing to be done is to take some step whether you do buy now and secure low positions because recovery would really be always next in line.
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