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Author Topic: Stressful crypto market  (Read 1119 times)
dunfida
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September 05, 2022, 11:39:36 PM
 #21

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
You only said that because the market is currently facing a bear market condition and that crypto prices are affected. But mate what you see is just temporary and when the market turns bullish, bitcoin price will be very high and will definitely reach a new all time high if there are consistent price increase. Thus everything in the crypto market will be very much interesting because bullish season also means huge amount of profits for us, particularly for long-term bitcoin investors.
Bitcoin is never too expensive for those who have the money and understanding of what Bitcoin is and how the market act at every period, the bear and bull market are both an essential attribute of the Bitcoin market, they are also the determinant components of the reflection of the behavior of the market. Bitcoin market condition is driven by the force of demand and supply and as a chain whatever market conditions we see are a reflection of the direction of the demand of the asset. Am very optimistic about the future of Bitcoin even though some people may feel that Bitcoin is failing on its promises of given x price this year but that was based on speculation which is sometimes wrong, the reality is different at this point since we are at a phase in Bitcoin market that gives many the chance to get in at a low price which is the best time to buy more Bitcoin. The cryptic market may look stressful to those who want quick gains but the long-term holders already have a settled mindset toward Bitcoin and they are ready to wait till their investment is mature enough before they take out the profits.
Just let those people believe on what they do tend to believe but pretty much sure that they are on that wrong understanding on what Bitcoin or crypto space is all about.People eventually find out the truth on the time

that they had discovered out something or they've been staying into this market for a while and able to determine those factors which arent true or not and they would realize for themselves.

This market is indeed stressful but its not just right that you should really make yourself that too get stressed because its part of the market on having these
kind of movements but its something that could be handled or bearable i should say.

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September 05, 2022, 11:59:03 PM
 #22

~snip~

Well, we should be glad that there is a bear market for Bitcoin.  If there is none then when how we find a window to re-enter the market.
Yes, and not only that. Everything that comes up, must come down and vice versa. So, if we're seeing the market that's down for now, we do expect that it will rise soon in the upcoming years to come.

~snip~
The mt gox rumor become one of the biggest impact to the market uncertainity ... we were on bullish run few weeks ago , nearly touching the $25k and heading to $30k but shit just got real .. people scared to hold too much bitcoin when there might a massive sell off in the coming months .. which yeah it's still uncertain though.
It could be but as a matter of fact, we're really done with the bull run and it took several months until it ended. The FUD and everything that's spreading fear to the market is typically happening when the market is about to rise.

And that's being done the big players/whales for them to still have that entry to buy at lower points.

There might some people keep buying but yeah there a lot more who selling it right now.
There are many thoughts on this but most likely: 62% of wallets did not sell Bitcoin for a year amid the bear market: Data

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September 06, 2022, 05:49:51 AM
 #23

And now that the market has shown the price of bitcoin to be cheaper than before, those people that were problematic about its price as they say they're about to buy, are still waiting for some good time to buy.

Well, the market is truly stressful but they're those people that I've mentioned are the ones putting pressure and stress to themselves. They keep on waiting for the right timing but when it's there, they neglect it.

When the market recovers, they'll think that it may fall again until they miss the whole thing. The same thing goes for those that have seen bitcoin @ $3k.
The mt gox rumor become one of the biggest impact to the market uncertainity ... we were on bullish run few weeks ago , nearly touching the $25k and heading to $30k but shit just got real .. people scared to hold too much bitcoin when there might a massive sell off in the coming months .. which yeah it's still uncertain though.

There might some people keep buying but yeah there a lot more who selling it right now.
At first I refused to believe those rumors would have too much of an effect on the market but after some time has passed I have realized that I was mistaken and I can only acknowledge the truth right in front of me, those rumors killed any possibility to see a prompt recovery of the price and now those rumors have forced bitcoin to be traded for a price below 20k, and if this situation lasts for long I would not be surprised if the price went down once again.
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September 06, 2022, 10:30:55 AM
 #24

snipped...
The mt gox rumor become one of the biggest impact to the market uncertainity ... we were on bullish run few weeks ago , nearly touching the $25k and heading to $30k but shit just got real .. people scared to hold too much bitcoin when there might a massive sell off in the coming months .. which yeah it's still uncertain though.

There might some people keep buying but yeah there a lot more who selling it right now.
At first I refused to believe those rumors would have too much of an effect on the market but after some time has passed I have realized that I was mistaken and I can only acknowledge the truth right in front of me, those rumors killed any possibility to see a prompt recovery of the price and now those rumors have forced bitcoin to be traded for a price below 20k, and if this situation lasts for long I would not be surprised if the price went down once again.
It has a mental effect and a huge impact on the market as people think that it creates a worse scenario making them sell at a low price.
As long as there are worries in the mind of the majority, prices will certainly move down. But the good thing is that some people manage to control their emotions and fight it. A reason why despite the number of investors who sell their Bitcoin, there are many investors who will tend to catch it and help to keep the price a little bit high.
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September 06, 2022, 11:51:58 AM
 #25

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???

Maybe you invest to much on shitcoins before this is why you talk about that but actually this scenario is much normal on bitcoin. To many rumors are spreading about it and that creates negativity on the market so if you join on those people who think negatively about it then provably you will go the same with them either losing your money or miss the opportunity to place your position while market is in bearish.

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September 06, 2022, 01:32:08 PM
 #26

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???

Maybe you invest to much on shitcoins before this is why you talk about that but actually this scenario is much normal on bitcoin. To many rumors are spreading about it and that creates negativity on the market so if you join on those people who think negatively about it then provably you will go the same with them either losing your money or miss the opportunity to place your position while market is in bearish.
Besides, the moment we come to crypto and invest, we are already aware of the market situation, and seeing declines is really possible. But I think that OP is worried too much and can control his emotions making him really affected by the news and negative attacks.
Weak hands can't really survive in here. It is a must for OP to be out of control of his emotions otherwise, it will become a reason for his losses and failure. I really see this will happen if he never changes his mindset.
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September 06, 2022, 01:43:06 PM
 #27

not all will buy at the peak price because many are waiting at the bottom price and that doesn’t mean don’t want to get Bitcoin.
If only they would snap out of that dream of waiting for a bottom into a reality that there's nothing like a bottom in the real sense while price is still trading (active). We only get to find out or know of a bottom in hindsight. That's after price has done its thing and literarily left the building. It's the same way professional traders will tell you that there's nothing as overbought or oversold positions. I've witnessed this myself, price continued to soar even after what looked like it should drop at that point. Those waiting for a further dip should do a DCA or risk losing out completely. That's my candid advice. Bitcoin has done enough discount.

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September 06, 2022, 01:56:40 PM
 #28


Hard to identify the bottom, you need to read charts and even those who knew still can only predict but can't really pin point. There are some who will tell us its 13k. Its up to you to wait for it to happen or miss out when price go back up to 45k already.

But I'm sure most of these stressed out retail investors would prefer to buy while the bull market is confirmed.
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September 06, 2022, 02:02:31 PM
 #29


Hard to identify the bottom, you need to read charts and even those who knew still can only predict but can't really pin point. There are some who will tell us its 13k. Its up to you to wait for it to happen or miss out when price go back up to 45k already.

But I'm sure most of these stressed out retail investors would prefer to buy while the bull market is confirmed.

The best way to find the real bottom is by using a longer time frame to determine the supports that tested many times and show strength. You can easily spot them because this is the price level which the price starts to show a bullish momentum in the previous price chart. This is a good indicator to know the bottom because most traders usually watching support and made trading decision base on what will be the outcome of price after hitting that specific price support that I mention.

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September 06, 2022, 03:05:50 PM
 #30

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
I think this a normal complaint. Whatever the price will be, there will always be people that will say it's expensive so they will wait for it to drop and if it didn't drop they will complain again. Why can't those people start buying and stop complaining? As long as they are good at hodling their btc, they can always recover what they have spend and earn something along with it.

The price had dropped already a long time ago but I think there's still a possibility that it will drop more in the upcoming days, weeks, or months. Crypto market is surely stressful because of its price which are too unpredictable but we shouldn't be affected with it as stress is a negative thing.
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September 06, 2022, 03:24:05 PM
 #31

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
What do you mean by dropping deadline?
If people reason that they can't buy bitcoins because they are expensive, it's only an excuse because they can buy in small quantities and adjust to the funds they have.
They don't have to buy bitcoins in bulk if they don't have the money.
In addition, if they want to use bitcoin as an investment, they will buy bitcoin gradually as they would with any other type of investment.
If they can do it, I'm sure they can have a lot of bitcoins and also have a chance to make big profits.

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September 06, 2022, 05:58:16 PM
 #32


Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
You only said that because the market is currently facing a bear market condition and that crypto prices are affected. But mate what you see is just temporary and when the market turns bullish, bitcoin price will be very high and will definitely reach a new all time high if there are consistent price increase. Thus everything in the crypto market will be very much interesting because bullish season also means huge amount of profits for us, particularly for long-term bitcoin investors.
Bitcoin is never too expensive for those who have the money and understanding of what Bitcoin is and how the market act at every period, the bear and bull market are both an essential attribute of the Bitcoin market, they are also the determinant components of the reflection of the behavior of the market. Bitcoin market condition is driven by the force of demand and supply and as a chain whatever market conditions we see are a reflection of the direction of the demand of the asset. Am very optimistic about the future of Bitcoin even though some people may feel that Bitcoin is failing on its promises of given x price this year but that was based on speculation which is sometimes wrong, the reality is different at this point since we are at a phase in Bitcoin market that gives many the chance to get in at a low price which is the best time to buy more Bitcoin. The cryptic market may look stressful to those who want quick gains but the long-term holders already have a settled mindset toward Bitcoin and they are ready to wait till their investment is mature enough before they take out the profits.
Just let those people believe on what they do tend to believe but pretty much sure that they are on that wrong understanding on what Bitcoin or crypto space is all about.People eventually find out the truth on the time

that they had discovered out something or they've been staying into this market for a while and able to determine those factors which arent true or not and they would realize for themselves.

This market is indeed stressful but its not just right that you should really make yourself that too get stressed because its part of the market on having these
kind of movements but its something that could be handled or bearable i should say.
Yes you are right Bitcoin market is the same all year round there is not much difference between the past and now, if one allows himself too involved with the present condition of the market without knowledge of the past market behavior and if one is not careful to only hold what you can afford without haven't to stress yourself with the market situation at any given time.

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September 06, 2022, 08:59:08 PM
 #33

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
That is the thought of every newbie in the market, they start to judge quickly on bitcoin without studying it well. The only reason why bitcoin is low priced these days is because we are still in a bearish market and so it’s expected that the whole crypto market looks cheap and low valued. But what you see today will be different for tomorrow especially when the market starts recovering and bullish market takes over, that will be the start of the surging of prices particularly for bitcoin.

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September 06, 2022, 09:55:12 PM
 #34

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
What do you mean by dropping deadline?
If people reason that they can't buy bitcoins because they are expensive, it's only an excuse because they can buy in small quantities and adjust to the funds they have.
They don't have to buy bitcoins in bulk if they don't have the money.
In addition, if they want to use bitcoin as an investment, they will buy bitcoin gradually as they would with any other type of investment.
If they can do it, I'm sure they can have a lot of bitcoins and also have a chance to make big profits.
That is true. I see many exchanges advertising people can start acquiring bitcoins in amounts low as 5$. That is an affordable amount for everyone, I suppose, so there are no restrictions when investing in bitcoin. People who say bitcoin is too expensive probably aren't educated about crypto yet, so they think to start investing they have to purchase one whole bitcoin, otherwise it's not possible to invest.

Others will also say it's not profitable to invest in btc anymore, because since it's expensive, the growing potential is inferior to cheap altcoins which can have their price multiplied by x100 to x1000, they believe.

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September 06, 2022, 09:56:18 PM
 #35

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???

This is because human nature is to like round numbers.  People think since they can't afford 1 BTC, why even try...  However, this is why shitcoins are able to fleece investors so easily by putting out a trillion coins for a fraction of a penny.  If round numbers are important to you, stack satoshis.  I see the same thing in the stock market.  People judge how much something costs by the share price, which is absolutely idiotic as the price of a share is the least important piece of information about a company.  In fact, it's completely useless information if you don't know how many shares are out there.  Market Cap and investment size is all that matters for an entity's size, not how many units of account of said investment you have.

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September 07, 2022, 04:46:22 AM
 #36

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
What do you mean by dropping deadline?
If people reason that they can't buy bitcoins because they are expensive, it's only an excuse because they can buy in small quantities and adjust to the funds they have.
They don't have to buy bitcoins in bulk if they don't have the money.
In addition, if they want to use bitcoin as an investment, they will buy bitcoin gradually as they would with any other type of investment.
If they can do it, I'm sure they can have a lot of bitcoins and also have a chance to make big profits.
That is true. I see many exchanges advertising people can start acquiring bitcoins in amounts low as 5$. That is an affordable amount for everyone, I suppose, so there are no restrictions when investing in bitcoin. People who say bitcoin is too expensive probably aren't educated about crypto yet, so they think to start investing they have to purchase one whole bitcoin, otherwise it's not possible to invest.

Others will also say it's not profitable to invest in btc anymore, because since it's expensive, the growing potential is inferior to cheap altcoins which can have their price multiplied by x100 to x1000, they believe.
That's why before they invest in bitcoin, they should learn what it is and how to start investing in it.
Only then will they know how to invest in bitcoin properly and they can also set the amount of money they want to use to invest in bitcoin.
It would be better if they invest in bitcoin gradually so that they can buy it at a lot lower price to help them get the average buy price.
Investing in bitcoin is indeed for the long term, so the profits will be bigger, especially if they can buy bitcoins gradually and collect a lot of bitcoins.

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September 07, 2022, 05:38:28 AM
 #37

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
What do you mean by dropping deadline?
If people reason that they can't buy bitcoins because they are expensive, it's only an excuse because they can buy in small quantities and adjust to the funds they have.
They don't have to buy bitcoins in bulk if they don't have the money.
In addition, if they want to use bitcoin as an investment, they will buy bitcoin gradually as they would with any other type of investment.
If they can do it, I'm sure they can have a lot of bitcoins and also have a chance to make big profits.
That is true. I see many exchanges advertising people can start acquiring bitcoins in amounts low as 5$. That is an affordable amount for everyone, I suppose, so there are no restrictions when investing in bitcoin. People who say bitcoin is too expensive probably aren't educated about crypto yet, so they think to start investing they have to purchase one whole bitcoin, otherwise it's not possible to invest.

Others will also say it's not profitable to invest in btc anymore, because since it's expensive, the growing potential is inferior to cheap altcoins which can have their price multiplied by x100 to x1000, they believe.
That's why before they invest in bitcoin, they should learn what it is and how to start investing in it.
Only then will they know how to invest in bitcoin properly and they can also set the amount of money they want to use to invest in bitcoin.
It would be better if they invest in bitcoin gradually so that they can buy it at a lot lower price to help them get the average buy price.
Investing in bitcoin is indeed for the long term, so the profits will be bigger, especially if they can buy bitcoins gradually and collect a lot of bitcoins.

Actually we don't need to stress with the current market conditions, it has become commonplace for a volatile market to suddenly drop Bitcoin prices.
That's why it's important that we first know what we are buying for investment, not because many people say Bitcoin is safe and profitable.
then we just believe it without making sure first by doing research and analysis, I believe we will definitely lose in the end. That's what happens to
a lot of people today, investing in something they really don't understand and that's very dangerous in my opinion.

Therefore we don't need to rush to invest in Bitcoin, because the most important thing is that we have to learn Bitcoin first, before finally deciding
to buy Bitcoin. The difference is if we have a good knowledge of Bitcoin, we will not panic if we see the price of Bitcoin suddenly fall very low.
Because for people who know Bitcoin, they understand Bitcoin will definitely recover and will go back up to a much higher price. So those
who understand Bitcoin well they will be patient holding Bitcoin until the Bitcoin price goes up again, they even dare to buy Bitcoin again when
the price is low.

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September 07, 2022, 06:02:59 AM
 #38

I never got chances to think that expensive bitcoin could be the another reason why it became cheaper today; honestly in real life nothing is happening like that. Because, people tend to buy/invest with what is hot and promising and not the easily available one for low cost. So, unable to afford by many people cannot be a reason for bear market. For bitcoin to become expensive, there could be multiple reasons like you and myself buy it and for cheaper bitcoin, same kind of reason is applicable along with manipulations by whales (usually whales' contribution during bull market is not being blamed Wink).

So, bitcoin becomes cheaper or expensive as part of its life cycle. When it was priced for $1k in 2013 for the very first time, people thought it was too expensive but still preferred it and raised more than 60x in next 8 years (in 2021 we had $68k for one bitcoin) and we can believe the same to be repeating in next 8 years as well. So, try to make use of currently available chances to grab your pie of bitcoins.

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September 07, 2022, 11:50:23 AM
 #39

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???

This is because human nature is to like round numbers.  People think since they can't afford 1 BTC, why even try...

And they will not buy and tell that they can't afford it without even trying it. And that's why that kind of mentality will not make everyone rich because they are almost negative about it.

 However, this is why shitcoins are able to fleece investors so easily by putting out a trillion coins for a fraction of a penny.  If round numbers are important to you, stack satoshis.  I see the same thing in the stock market.  People judge how much something costs by the share price, which is absolutely idiotic as the price of a share is the least important piece of information about a company.  In fact, it's completely useless information if you don't know how many shares are out there.  Market Cap and investment size is all that matters for an entity's size, not how many units of account of said investment you have.

And so if we can compare it to stocks, bitcoin is blue chips while altcoins is for penny and then they think they can hold millions but the in terms of fiat, still nothing compare to bitcoin. I'm generalizing it, there are some altcoins that are really good, but the majority is to good to be true kinda assets.

 
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September 07, 2022, 01:21:12 PM
 #40

Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
What do you mean by dropping deadline?
If people reason that they can't buy bitcoins because they are expensive, it's only an excuse because they can buy in small quantities and adjust to the funds they have.
They don't have to buy bitcoins in bulk if they don't have the money.
In addition, if they want to use bitcoin as an investment, they will buy bitcoin gradually as they would with any other type of investment.
If they can do it, I'm sure they can have a lot of bitcoins and also have a chance to make big profits.
That is true. I see many exchanges advertising people can start acquiring bitcoins in amounts low as 5$. That is an affordable amount for everyone, I suppose, so there are no restrictions when investing in bitcoin. People who say bitcoin is too expensive probably aren't educated about crypto yet, so they think to start investing they have to purchase one whole bitcoin, otherwise it's not possible to invest.

Others will also say it's not profitable to invest in btc anymore, because since it's expensive, the growing potential is inferior to cheap altcoins which can have their price multiplied by x100 to x1000, they believe.
That's why before they invest in bitcoin, they should learn what it is and how to start investing in it.
Only then will they know how to invest in bitcoin properly and they can also set the amount of money they want to use to invest in bitcoin.
It would be better if they invest in bitcoin gradually so that they can buy it at a lot lower price to help them get the average buy price.
Investing in bitcoin is indeed for the long term, so the profits will be bigger, especially if they can buy bitcoins gradually and collect a lot of bitcoins.

Actually we don't need to stress with the current market conditions, it has become commonplace for a volatile market to suddenly drop Bitcoin prices.
That's why it's important that we first know what we are buying for investment, not because many people say Bitcoin is safe and profitable.
then we just believe it without making sure first by doing research and analysis, I believe we will definitely lose in the end. That's what happens to
a lot of people today, investing in something they really don't understand and that's very dangerous in my opinion.

Therefore we don't need to rush to invest in Bitcoin, because the most important thing is that we have to learn Bitcoin first, before finally deciding
to buy Bitcoin. The difference is if we have a good knowledge of Bitcoin, we will not panic if we see the price of Bitcoin suddenly fall very low.
Because for people who know Bitcoin, they understand Bitcoin will definitely recover and will go back up to a much higher price. So those
who understand Bitcoin well they will be patient holding Bitcoin until the Bitcoin price goes up again, they even dare to buy Bitcoin again when
the price is low.
Indeed, we should not be stressed, but we are ordinary people who volatile market conditions can provoke, so our emotions can also change.
Not many people can handle the stress level when looking at market conditions because it depends on how they can adapt to all conditions.
Yes, I agree that we should always analyze the market conditions before investing because that way, we can see which coins have the possibility to increase, even though they cannot increase very high.
And if we only want to invest in bitcoin, we have to follow every movement of the bitcoin price so we can know when to start buying and when to pause to buy and exit the market.
That way, we can adapt and have the opportunity to make a profit.

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