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Author Topic: Are we going to recover or continue to dump?  (Read 3327 times)
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July 08, 2022, 10:25:46 PM
 #121


We are currently sitting on 21681.00 price as of this writing which is better compared into previous or last days where it is sitting around below 20k which lots had assumptions that we might be seeing 10k soon

but we wont know if it could really happen since majority is really basing up with technicals but there are analysis that the market is oversold which does signifies that we might be seeing some possible full
flip up on the market or entire recovery even though its not an assurance to happen but we do have at least the idea on what are the probabilities of such condition that we might see later on.
Market is unpredictable and there's no way you could able to determine if this bear or correction time is over or we arent done yet.

Correct, market is unpredictable and there's no exact basis that we can say where it will be heading more on own assumptions and opinions, you must have alternatives in terms of good adjustments in case your anticipations failed, keep in mind that there are many influences that keeps of competition around and you always need to find the right path and your own criteria when placing your positions.

There's always a good chance that the market will bounce up and gain strength to bring back the bull. Hopefully, it will change the next trend.

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July 09, 2022, 02:34:14 PM
 #122

What are your current opinions on the cryptocurrency market?
This market is very volatile right? So it's always possible to get one of these and it's just up to you which one comes first. I think it all depends on how traders behave in the market because if the selling pressure is higher than the demand then the price will down again. It's true that there is belief among traders that the market is recovering after bitcoin hit $17.7K a while back, but we never really know if this minor recovery is a confirmation that the low is no longer being touched.

Until now I still believe that the bitcoin price or market cap can still drop lower as long as the bitcoin halving has not occurred. This cycle seems to be repeating itself and this is the reason why I think the price can still correct this year into next year. Lower price than $17.7K are still possible, so don't be greedy and invest what you can afford to lose.
It is good to have an opinion like yours because we cannot ignore that this scenario is very possible, and although the war between Ukraine and Russia is a fundamental factor that affects all speculative markets, it is clear that BTC has been affected, apparently by some investors. they present some panic and the records of btc sales are numerous, however for many this market represents an opportunity to buy, the only thing is that if the market continues to drop in price it is very likely, we have a probably warlike conflict between China and Taiwan, and every drum of war undoubtedly produces falls in the markets, I hope that this scenario does not occur, because if so, the price of btc would fall much more.

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July 09, 2022, 03:24:15 PM
 #123

I think the market will gradually recover. Although this is not easy and will take time, I think that we will see the result.
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July 13, 2022, 08:54:49 PM
Merited by borovichok (2)
 #124

Looking at the past years, we can see that the market is dumping a lot at that time of the year.Maybe if the market is good for one year then the market is dumping for another year.However, the market will have a long time in this position. Although recovery is required, we can see it only if we do a previous market analysis.
Crypto is becoming unpredictable by the day due to the massive dump of market recently and the market is definitely going against technical analysis. The market will recover but it's not going to be this year but as time goes on, we will start seeing long green candles which will make it to the moon. But this dump is already serving a purpose because investors and Traders use this period to make money and they grab every little opportunity they have.

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July 13, 2022, 09:02:39 PM
 #125

I personally think that we haven't see the bottom yet. So many external factors are involved IMO to give us a near recover very difficult to imagine : ukraine, covid19 is not totally ended, the consequences of the pandemia and ukraine war will be more ''hardcore'' during next winter. I think a lot of people are afraid of the global situation, recession coming in many european places etc...

So IMO, we will have some more time to try to accumulate more sats again and again  Smiley

I am so curious to see what will be the next 2 years for the BTC !

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July 13, 2022, 09:58:00 PM
 #126

What are your current opinions on the cryptocurrency market?
The market has never recovered, so most likely we will witness more price dumps in the next days to come. Bitcoin I though will be stable already in $20k-$21k but then it went down and the rest of altcoins have also declined. While it’s not healthy anymore to see a market like this, but for the whales and all the wise investors waiting around, what we have at the moment are still the best opportunities to invest.

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July 13, 2022, 10:29:07 PM
 #127

What are your current opinions on the cryptocurrency market?
The market has never recovered, so most likely we will witness more price dumps in the next days to come. Bitcoin I though will be stable already in $20k-$21k but then it went down and the rest of altcoins have also declined. While it’s not healthy anymore to see a market like this, but for the whales and all the wise investors waiting around, what we have at the moment are still the best opportunities to invest.
People would never consider a full recovery until we do hit that 69k ATH that we do have in Bitcoin and now we are almost or did hit 70% down from it ATH?
People would never ever believe about recovery and just like i said if we do climb past with those numbers then this is where community be telling about recovery but for now we are still on that dumping
state which do make people hesitant or even freaking out with these dumps but if they would really just look on the better or brighter side then these movements are actually a good opportunity for you to
get in and not trying to make yourself missing out good opportunities on buying cheap.We wont know on when we do reach out those high prices once again but much sure that after a bear market
then there's always a bullish market which is always next in line.

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July 15, 2022, 02:19:32 AM
 #128

Quote
if you are in losing side and can't even handle the stress anymore this is much advisable to do to certain individual whose losing hope for their investments, but the downside of it is they can't monitor how the market works so maybe its good for us to watch and learn to the flow because for what we experience these days is a good lesson to take since for sure they can take good actions once they encounter the same scenario in future.

Even if the cryptocurrency market continues to fall, many will still be able to survive because there are many ways to make a living. And the fall of most coins in the market is not going to fall continuously because there is nothing like that in the Trading industry. I know that in a business, Buy and Sell always go together, that's what really happens.

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July 15, 2022, 02:33:35 AM
 #129

Quote
if you are in losing side and can't even handle the stress anymore this is much advisable to do to certain individual whose losing hope for their investments, but the downside of it is they can't monitor how the market works so maybe its good for us to watch and learn to the flow because for what we experience these days is a good lesson to take since for sure they can take good actions once they encounter the same scenario in future.

Even if the cryptocurrency market continues to fall, many will still be able to survive because there are many ways to make a living. And the fall of most coins in the market is not going to fall continuously because there is nothing like that in the Trading industry. I know that in a business, Buy and Sell always go together, that's what really happens.
what stresses people out in crypto trading and investing? for years we've seen how crypto gives new hope after the dump happened. we have to learn from the existing history. the moment will not forever be in a downtrend. we cannot stress seeing market conditions. be patient and endure to see the market will improve again in the future.
the only stressful thing is those who lose in futures trading. it can cost the money you have.


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July 15, 2022, 03:40:18 AM
 #130

Quote
if you are in losing side and can't even handle the stress anymore this is much advisable to do to certain individual whose losing hope for their investments, but the downside of it is they can't monitor how the market works so maybe its good for us to watch and learn to the flow because for what we experience these days is a good lesson to take since for sure they can take good actions once they encounter the same scenario in future.

Even if the cryptocurrency market continues to fall, many will still be able to survive because there are many ways to make a living. And the fall of most coins in the market is not going to fall continuously because there is nothing like that in the Trading industry. I know that in a business, Buy and Sell always go together, that's what really happens.
what stresses people out in crypto trading and investing? for years we've seen how crypto gives new hope after the dump happened. we have to learn from the existing history. the moment will not forever be in a downtrend. we cannot stress seeing market conditions. be patient and endure to see the market will improve again in the future.
the only stressful thing is those who lose in futures trading. it can cost the money you have.

It is very difficult for some people to believe that the market will recover, if they see the market has decreased deep enough and has been going on
for quite a while. But if we study the crypto world properly, then we look at the history of the crypto movement, we will find the fact that for
potential coins can always recover no matter how much the price drops. But of course no one knows when the bear market will end and crypto prices
can recover again, for sure we must have patience to wait for the crypto market to recover.

If we are sure that the crypto market will recover, then there is no need to panic and worry about the current bear market situation. After the bull
market occurred in 2021, it is not surprising that 2022 is the time for the bear market to come. Bear market and bull market will definitely
appear alternately, so we can't expect the market to be bullish all the time. That's why crypto has a high risk, because if we make the wrong decision,
it is very possible that we can lose all our money. So please make decisions carefully, which is definitely never thought of selling the coins that
we have at low prices. This means that we don't have to stress about this unfinished bear market, as long as we can be patient holding it until
the bull market comes, our patience will pay off with the large profits we can get from crypto in the future.

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July 15, 2022, 07:04:50 PM
 #131

What are your current opinions on the cryptocurrency market?
I don't have much opinion about the current market. The current market is a very random market where no analysis is useful The market has now begun to move alone at its own pace, breaking through the barriers of all human analysis.However, looking at the market situation, it is understood that even if the market is good, it will have to wait for a long time We can understand and see everything clearly only by observing the past years.
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July 16, 2022, 08:05:53 PM
 #132

I think the market is on edge right now. In fact, it is still difficult to call the current situation a bottom, because we may not know much. But, I hope that it will not be critically worse Smiley
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July 16, 2022, 08:58:35 PM
 #133

I think the market is on edge right now. In fact, it is still difficult to call the current situation a bottom, because we may not know much. But, I hope that it will not be critically worse Smiley
It's also likely that we've found and met the bottom.

ETH has got a boost a while ago and was able to hit $1,400. Whilst for bitcoin, nothing new has happened but it's not on $21k.

It was much worse when bitcoin reached $17k and many have thought that it could fall to $10k. Although it's not finished yet and all the possibilities are remaining and we'll never know until it's back there but for me, I hope it won't.



.
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July 16, 2022, 09:18:05 PM
 #134

I think the market is on edge right now. In fact, it is still difficult to call the current situation a bottom, because we may not know much. But, I hope that it will not be critically worse Smiley
Why would need to look in the bottom price? If we could actually make profits in playing around 19-21k price volatility? Its really hard to determine the bottom specially if it keeps dropping and then later on made out some
small percentage increase which would really boggle up yourself if this would be the complete change of trend.

As an investor then you should really make yourself get prepared on different scenarios whether on a declining or pumping market.Make out yourself to be that mindful about your actions
whenever the market do make out significant move but if you do go for long term then this wont really be an issue.

Invest on what you can afford to lose so that you wont really be that stressful whenever the price do make its move.

R


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July 16, 2022, 09:54:12 PM
 #135

What are your current opinions on the cryptocurrency market?
My current opinion is today but the market has increased a little bit and all the markets have started to move upwards.But the market may be good soon, those of you who want to invest can take money and those who have invested earlier but today have a little profit.The cryptocurrency market will get better soon but if you want to invest you can invest in the market but there is a possibility of getting better.
Investing is best when the market is still in deep bearish because that’s how an investor can maximize his purchase since the prices are very cheap. However, when it comes to bitcoin, even if you start investing at a higher value, there are still guarantees that you will be a lot more profitable if you keep hodling it in the future. Good to see that the market starts to recover, I just hope that everything won’t fall in a trap and see them declining again.

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July 17, 2022, 05:29:38 AM
 #136

What are your current opinions on the cryptocurrency market?
The market is really getting exhausted looking at both the fundamental and technical analysis side of it and with other indicators you can equally see the crypto market is in oversold zone while the stablecoin are overbought zone this is an indication that we've got a nice draw down, i.e 70% drop from ATH, Maybe we could see a bit more leg down again which would likely put the overall market pull back towards 80%-90%  before we may start creeping up.
To summarize Bitcoin has stand the test of time during previous bear market and later did bounce back , with this fact I still believe it's just a matter of time, Bitcoin will Recover from here.

Well, it is no secret to anyone that BTC is a single market that has a life of its own, that attends to the calls of its indicators such as whales, emotions and fundamentals, that is, it is like a stock but unlike other speculative markets, the sense of volatility is much broader and occurs more easily. If we interpret the BTC as the market that differs from the other markets, yes, because it is not supported, governments and banks do not trust it, just like an economist, but the BTC generates more profits than the same markets in much less time Anyone who says that the market will not recover is a liar, not only will it recover, but at a given moment it will have another ATH.

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0verseer
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July 17, 2022, 08:08:55 AM
 #137

What are your current opinions on the cryptocurrency market?
My current opinion is today but the market has increased a little bit and all the markets have started to move upwards.But the market may be good soon, those of you who want to invest can take money and those who have invested earlier but today have a little profit.The cryptocurrency market will get better soon but if you want to invest you can invest in the market but there is a possibility of getting better.
I say it is still a bit early to say if we actually got out of the bearish trend. The market was all green right now but the FED rate hike still looming and it will be like this at least for the rest of the years. I say we'd see the Crab market, not dump or recover as the overall trend for the crypto market. The best course of action for this is to look for short-term profit from the Crab. You can allocate a part of your portfolio to bag in the top crypto like BTC and ETH for long-term hodl.
sklopan
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July 17, 2022, 09:34:18 AM
 #138

To be honest, making a forecast even for the near future is not so easy. The market is moving quite actively, so various options are still possible.
gunhell16
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July 17, 2022, 12:01:07 PM
 #139

What are your current opinions on the cryptocurrency market?

In today's crypto market, I can only notice that most coins today are priced in green, but I still can't say that the bear market is over, because the rise of these cryptocurrencies can't really be said to have kicked in. when the price is strong, that's not what happens and then we notice that it also returns immediately to its lower value. So, I don't think there's a problem if the value goes down, as long as it's important that no matter how much value you have, you buy coins that have a high potential for the price to rise again in the future.

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fullhdpixel
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July 17, 2022, 08:38:15 PM
 #140

What are your current opinions on the cryptocurrency market?
The market has never recovered, so most likely we will witness more price dumps in the next days to come. Bitcoin I though will be stable already in $20k-$21k but then it went down and the rest of altcoins have also declined. While it’s not healthy anymore to see a market like this, but for the whales and all the wise investors waiting around, what we have at the moment are still the best opportunities to invest.
There was some small bounce but that was still considered as a recovery. Maybe for you, you have your own definition of recovery and that is when you see the price goes back at 40k and above. And just because the price always stays like this, will it mean it will remain like this? No but cryptos can sometimes do a miracle where it can jump unexpectedly.

So, if I were you I will invest now, if you haven't yet because you are still waiting for more dumps. You're not wrong with your thoughts because bitcoin is already stable at 20-21k range. I don't know if what's with this price on why btc loves to stay here but I think this price is already reasonable. It's not that too low and not that too high.

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