Downfall still possible?

[TelolettOm]

All experts has make possibilities of crypto downfall. Price will might go near 12k so we have to understand market very deeply. Crypto market is standing on very risk. All step from now will be very useful to determine future of crypto. Downfall can go more deep but this will come as chance for new investors. Hopefully no one will destroy their capital.

Of course, all experts will think that more downfall is very possible to happen. There is too much FUD right now, which makes the price difficult to increase and possibly decrease more if people are panicking with the current situation. However, I think the negative issue of exchange bankruptcy will be over soon towards the end of this year. We may see some good news that may increase the price gradually in the next year. The second year of bearish should be the time for crypto prices to start raising again.

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[kurniawan05]

After the FTX tragedy and the market crashing down, FUD is still popping up about another big CEX bankruptcy which is getting worse for the market conditions, we don't know how this will end, but we always hope for the best for all of this.

[jostorres]

The market is unpredictable so more downfall is possible and I advised you to make your proper analysis before investing of buying at dip.

but Buying at dip is one of the safest and best timing to buy , than in growth because at least for holding there is a big chance of increasing.

I think what he means is the coins that we pick. It doesn't mean that the coin is cheap now, it's already a good investment. May this bear won't be a way for us to get be fooled by them.

Only the right set of coins has the potential to increase big in the future so they are one's that we must hodl for the long term. We are green now but the increase was so tiny. I don't think someone will be happy with it and I don't consider this as a bull trap either but a bull trap is when there is a fast big recovery, as that's the only way for some investors to be triggered of investing more. That's a risky way to enter but sometimes they can be lucky that a bull run is forming for real.

[n0ne]

After the FTX tragedy and the market crashing down, FUD is still popping up about another big CEX bankruptcy which is getting worse for the market conditions, we don't know how this will end, but we always hope for the best for all of this.

OP haven't mentioned specific about any of the coins, but from the day he had created the thread to the present market everything have lost value. It is almost 4+ months passed, during the time there is hard fluctuation in the market. Finally the FTX issue have made a big crash in the market when it was predicted to make some sideways movement as the year end is approaching. For now the decline will continue, until conclusion is reached on the FTX issue.

[Quidat]

After the FTX tragedy and the market crashing down, FUD is still popping up about another big CEX bankruptcy which is getting worse for the market conditions, we don't know how this will end, but we always hope for the best for all of this.

OP haven't mentioned specific about any of the coins, but from the day he had created the thread to the present market everything have lost value. It is almost 4+ months passed, during the time there is hard fluctuation in the market. Finally the FTX issue have made a big crash in the market when it was predicted to make some sideways movement as the year end is approaching. For now the decline will continue, until conclusion is reached on the FTX issue.

This do really points out that nothing is predictable if we do talk about future where we cant really say on where the market would be going.Yes, it does have potential but we dont know on where it could end up.Downfall could really be still possible, we dont know on what are the events or situations that might happen on later months or years on this market.
You cant really be able to determine thats why you should really make yourself that wise when it comes to investment whether you do buy or not.
Sell or hold. Its your call or its your choice to make.

[irhact]

After the FTX tragedy and the market crashing down, FUD is still popping up about another big CEX bankruptcy which is getting worse for the market conditions, we don't know how this will end, but we always hope for the best for all of this.

The market is just waiting on another news to dump further, the market has been very paused for some weeks now and it seems it's waiting for another negative news to dump since the good news aren't making any impact on the market. If another popular exchange was to go bankrupt, I don't think Bitcoin and the market in general will be able to hold its previous support. We could even be seeing Bitcoin trading below $10k and that'll be very devastating considering the price mark we were trading just one year ago.
Personally I think this bear market has gone on for too long, we should have be recovering from the previous dump by now and not anticipating further dumps. But that's not the case as more dump are likely to come which the charts are suggesting.

[peter0425]

Downfall? you did saw it now mate? 5 months after this thread creation we experience so many downfall .
specifically your shitcoin? I don't wanna check it but is still alive? or died now?  Grin

always invest in trustworthy project and not in Pump and Dump or hyping projects.

make this as example to only invest in ranking coins than shitcoins.

The issue of FTX makes a big panic, if another exchanges happen then we can be sure the market will be more drop, this makes me never hope that I can get a big profit in a short time, but I'm sure for the long term the market will skyrocket again, now it's time to Invest is not selling.

stop about that FTX thing because this has happened already so what is another exchange ? lol that would not be  happening any time soon.

[raidarksword]

It's very possible hence all bad news were coming in that the market cannot handle it. We almost about to recover but sadly FTX issues ruined it and that's why we are having a hard times to go up because of these drama. The bad sentiments really putting too much pressure about the market conditions. Hoping in the end of the year we can finally see some good progress and recovery.

[MoonOfLife]

After the FTX tragedy and the market crashing down, FUD is still popping up about another big CEX bankruptcy which is getting worse for the market conditions, we don't know how this will end, but we always hope for the best for all of this.

After the crash of FTX still no news of another crash, what FUD are you talking about? but if that happens in my opinion that's more of a good thing than a bad thing. It's better for the fraudulent exchanges to collapse and return to a cleaner market. And bear market is not necessarily bad, we can buy bitcoin as cheap as possible.

[super bako]

All experts has make possibilities of crypto downfall. Price will might go near 12k so we have to understand market very deeply. Crypto market is standing on very risk. All step from now will be very useful to determine future of crypto. Downfall can go more deep but this will come as chance for new investors. Hopefully no one will destroy their capital.

Of course, all experts will think that more downfall is very possible to happen. There is too much FUD right now, which makes the price difficult to increase and possibly decrease more if people are panicking with the current situation. However, I think the negative issue of exchange bankruptcy will be over soon towards the end of this year. We may see some good news that may increase the price gradually in the next year. The second year of bearish should be the time for crypto prices to start raising again.

of course it will be long term bitcoin will continue to fall and will come back green in the upcoming bull season. lots of altcoins and markets are going on due to protracted problems, it won't be over quickly this takes a long time. Investors prefer to put their money without a real wallet only

[MFahad]

Everything is possible in crypto. We have seen many coin up many x in bullish trend and now it's entered in bear trend. Many bad News like Ftx fail forced big investors to sell which will make more dump. Fear is now high and we may see another dump

[seleme]

Everything is possible in crypto. We have seen many coin up many x in bullish trend and now it's entered in bear trend. Many bad News like Ftx fail forced big investors to sell which will make more dump. Fear is now high and we may see another dump

And BTC price hits ATL in the last years, the current market price is around $15500. Maybe we will see another attack by the bear market side and market makers will go for a liquidity hunt below the $13k level, I think it is time to withdraw coins from exchanges and move everything to hardware crypto wallets for HODL. Altcoins will suffer the most from a downtrend since BTC price has started to crash. ETH will likely test support level below $800, LTC may go for $40 price point.

[Vaskiy]

Everything is possible in crypto. We have seen many coin up many x in bullish trend and now it's entered in bear trend. Many bad News like Ftx fail forced big investors to sell which will make more dump. Fear is now high and we may see another dump

And BTC price hits ATL in the last years, the current market price is around $15500. Maybe we will see another attack by the bear market side and market makers will go for a liquidity hunt below the $13k level, I think it is time to withdraw coins from exchanges and move everything to hardware crypto wallets for HODL. Altcoins will suffer the most from a downtrend since BTC price has started to crash. ETH will likely test support level below $800, LTC may go for $40 price point.

Agreed, this has been a predicted downturn in the market. The price that have been moving around $16500 - $17000 for a long term have fallen downwards. This is predicted to happen later in this week, but the earlier dump could cause downfall to $13k. It is good time to buy and the people looking for DCA could do it and once again continue when it falls down to $13k or more.

[kawetsriyanto]

Everything is possible in crypto. We have seen many coin up many x in bullish trend and now it's entered in bear trend. Many bad News like Ftx fail forced big investors to sell which will make more dump. Fear is now high and we may see another dump

There is still much bad news spreading now. Some investors did panic selling, others sold their coins to dump the price more. This situation always triggers a further decline in crypto prices, we shouldn't be surprised if we see another dump in the future. During the series of declines, it is a good time to add more coins to our portfolio. However, don't buy at once, it is better to buy gradually.

[Pierre 2]

As November 2022, I think we are really arriving to the end of downfall. Its gonna take some more months for Bitcoin to truly recover, and Ethereum/BNB to react it. Especially Ethereum supporters will start making profits next year. I am planning to divide my portfolio between Bitcoin Ethereum BNB and Solana for now. But I am at waiting side for downfall to end completely. Situation with coin markets seem stressed now.

[Chato1977]

As November 2022, I think we are really arriving to the end of downfall. Its gonna take some more months for Bitcoin to truly recover, and Ethereum/BNB to react it. Especially Ethereum supporters will start making profits next year. I am planning to divide my portfolio between Bitcoin Ethereum BNB and Solana for now. But I am at waiting side for downfall to end completely. Situation with coin markets seem stressed now.

diversifying should have happened from the beginning of investing mate, while we must hold majority in bitcoin yet we must have shared with altcoin like those you mentioned that is well supported and stronger in any sense .
so indeed you must divide all your coins nowadays mate.

[AzamNurWahid]

As November 2022, I think we are really arriving to the end of downfall. Its gonna take some more months for Bitcoin to truly recover, and Ethereum/BNB to react it. Especially Ethereum supporters will start making profits next year. I am planning to divide my portfolio between Bitcoin Ethereum BNB and Solana for now. But I am at waiting side for downfall to end completely. Situation with coin markets seem stressed now.

diversifying should have happened from the beginning of investing mate, while we must hold majority in bitcoin yet we must have shared with altcoin like those you mentioned that is well supported and stronger in any sense .
so indeed you must divide all your coins nowadays mate.

Yes.  Because diversification is a way to protect and cover losses if we fail to invest in other tools.  Therefore, we all really need to diversify to increase the diversity of the alt we have

[tygeade]

As November 2022, I think we are really arriving to the end of downfall. Its gonna take some more months for Bitcoin to truly recover, and Ethereum/BNB to react it. Especially Ethereum supporters will start making profits next year. I am planning to divide my portfolio between Bitcoin Ethereum BNB and Solana for now. But I am at waiting side for downfall to end completely. Situation with coin markets seem stressed now.

I am doing basically something similar for the long term and wait the bear market over. I have bitcoin, ethereum, bnb, and added a bit of litecoin to it as well just for fun and respect. That means I will keep growing these and going to wait it out, the more money I get the more investment I will make and eventually it’s going to be doing fine for sure.

I know that the market is terrible and business is doing badly at this point so all things are really looking and feeling sad at the current stage but that doesn't change the fact that we can't make a profit out of it, we could still just invest and hold and wait its period out in the long run for sure.

[kurniawan05]

Based on the rumors I've read, BTC still has the possibility to continue to fall but I don't know how many new lows for bitcoin, it could be $13K, $12K or $11K, all of which are still possible.

[Pujangga]

Based on the rumors I've read, BTC still has the possibility to continue to fall but I don't know how many new lows for bitcoin, it could be $13K, $12K or $11K, all of which are still possible.

Let's wait whether in December the price can go up or down, if the price drops to $ 15k then the opportunity to continue to fall is very large maybe even below $ 12k, I think this is a good thing because I want to buy bitcoin at a cheap price, the opportunity to get a big profit if we buy at a low price.