What's next for cryptocurrency?

[Peanutswar]

People know cryptocurrency is just a part of investment and payment method but only a few establishments see the potential of the cryptocurrency in the next generation which is currently right now people, organizations and company accepting the use of cryptocurrency as a payment method to their products and next is the web 3 now there's a chance that they will now use the crypto for using their platforms because of the blockchain technology it is easier to the users to make it more transparent at the same time is secured.

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[yhiaali3]

There may be a correction and an increase in the bitcoin price but don't expect more than 25,000$ at the moment, the market is not yet ready for a big rally for many reasons, the best thing is to hold and wait until the end of the year you might see very good news.
The market is not always as we expect, for example, the expectations were a large increase in the price of Ethereum after the merger, but the opposite happened and the price is still bearish so far, so waiting is the best thing.

[isaac_clarke22]

~

That is perfectly fine if you're into long-term investment plus you have full-time job. As long you're financially stable and not buried in debt, you're going to be okay assuming that you are willing to lose what you invested anyway.

Can't tell what we can call it "tops", but as long as Bitcoin goes over than its ATH, we're never going to call it there. It is okay to partially sell something because surely you need money at some occasions and might as well cash it out in the meantime and wait for the bear market to give you the opportunity to buy more.

[coinerer]

Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year. The world is in an economic crisis. Inflation is increasing every day. To curb inflation, central banks around the world raise policy rates all at once. This is why the World Bank believes the global economy is heading for a recession in 2023.

[Silberman]

Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year. The world is in an economic crisis. Inflation is increasing every day. To curb inflation, central banks around the world raise policy rates all at once. This is why the World Bank believes the global economy is heading for a recession in 2023.

And that's probably the best scenario we can expect, as we know the tensions between China and the government of Taiwan are increasing and if we happened to see yet another armed conflict then this would be terrible for the economy, to the point I think we could enter a world recession immediately or if things got really bad we may even see a worldwide depression, so 2023 doesn't seem as if it's going to be a good year for the market of cryptocurrencies either.

[doomloop]

There may be a correction and an increase in the bitcoin price but don't expect more than 25,000$ at the moment, the market is not yet ready for a big rally for many reasons, the best thing is to hold and wait until the end of the year you might see very good news.
The market is not always as we expect, for example, the expectations were a large increase in the price of Ethereum after the merger, but the opposite happened and the price is still bearish so far, so waiting is the best thing.

Apart from the bear we also have a correction which happens from time to time, this is why the price never sustained their gains and they haven't experience to break out on that $25k barrier. There are economic problems that the world is facing right now including inflation and recession. They are among the reasons on why the market is having a hard time to do a rally.

Hodling is already given there to survive and avoid us from losing but other than that, we can also team it up with buying. I think it's true that the more you expect on one thing the more your expectations won't occur and it happened many times already here in cryptos.

[Mpamaegbu]

The world is in an economic crisis. Inflation is increasing every day. To curb inflation, central banks around the world raise policy rates all at once. This is why the World Bank believes the global economy is heading for a recession in 2023.

I think this inflation thing will even be to the advantage of cryptocurrency as many people are likely to find a safe Haven in cryptos instead of fiat. We saw a little bit of that during the COVID-19 pandemic. Despite how people were forced into isolation and skeletal movements, Bitcoin (particularly) soared in price. I expect a repeat of that by the time this inflation palaver kicks in realistically.

[TheUltraElite]

Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year.

We can only wait and watch while increasing the stack in our bags for crypto while the economy recovers or goes down the drain. There are people hoping for crypto to go up and they are buying it for the same so all is not lost ever.

Bearish trends for long has its toll on the traders but these are the part of the cycle. When the bullish trend starts then people would start complaining that prices are too high to buy anything.

Let any crisis bring the prices down, treat is just as a number and take decisions on that.

[tomos81]

Cryptocurrencies have not performed very well in this year of recession. This is because the cryptocurrency situation is currently very bearish . We are on cryptocurrency We are absolutely confident that our next position will improve and if we can invest from here now, we will definitely see some numbers in the portfolio. If we hold on to something now then surely we can expect something from here later which will come in handy during recessionary times.

[South Park]

Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year.

We can only wait and watch while increasing the stack in our bags for crypto while the economy recovers or goes down the drain. There are people hoping for crypto to go up and they are buying it for the same so all is not lost ever.

Bearish trends for long has its toll on the traders but these are the part of the cycle. When the bullish trend starts then people would start complaining that prices are too high to buy anything.

Let any crisis bring the prices down, treat is just as a number and take decisions on that.

That is the right way to look at things, the reason people get so emotional when they are trading or investing is because they see the market going down as them losing money, then they get worried about what is happening and after a few months of the market being down they simply cannot take it anymore and they begin to sell their coins for a very low price, instead if you can look at the market as just a bunch of numbers in a way similar to the way you see a video game then you are not going to panic and it is going to be way easier to take decisions if you are able to keep your feelings out of it.

[LUCKMCFLY]

So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction

This is a positive trend and the market is getting better. We can see that most cryptocurrencies are experiencing green charts, and rising prices, and yes we are very happy with this. At least, we can take small profits for our short-term investment.
But be careful, I am not sure that these positive trends will last longer and this is probably not a sign of a bullish era. Because it is too far from the bullish period.
We may see this only as a positive market trend and will be probably market correction again some few days later. So, just prepare what we can do to face the next market correction.

For cryptocurrencies or altcoins, very good things continue, there are some or any currency can go to zero, there is none that is not saved from this criterion, but it must be recognized that when we talk about technology we can say that Bitcoin is the king and that it will never fail, Bitcoin is the father of ice cream, so there are many other things we can say, there are many chances that altcoins will resurface because the metaverses are coming, and the metaverses are the exit for many crypto, and it will not happen to them the terra thing, which was actually something very sad, and that actually happened because the whale that resented them sincerely sold everything to leave.

[judaspriest]

Crypto currencies can go through bearish trends for a long time. A variety of analysts and crypto experts are in that thought. If the global economy is in recession then crypto will not perform very well in the coming year.

We can only wait and watch while increasing the stack in our bags for crypto while the economy recovers or goes down the drain. There are people hoping for crypto to go up and they are buying it for the same so all is not lost ever.

Bearish trends for long has its toll on the traders but these are the part of the cycle. When the bullish trend starts then people would start complaining that prices are too high to buy anything.

Let any crisis bring the prices down, treat is just as a number and take decisions on that.

That is the right way to look at things, the reason people get so emotional when they are trading or investing is because they see the market going down as them losing money, then they get worried about what is happening and after a few months of the market being down they simply cannot take it anymore and they begin to sell their coins for a very low price, instead if you can look at the market as just a bunch of numbers in a way similar to the way you see a video game then you are not going to panic and it is going to be way easier to take decisions if you are able to keep your feelings out of it.

That's why it's important to have knowledge and skills before starting to trade or invest,
when the market goes down indeed panic is normal but of course we need to suppress it,
As a trader you need to know when to sell and when to hold on

[bounceback]

Bitcoin is currently trading at $18,789k and it looks like bitcoin is having a bit of a hard time breaking back into its strongest support area of ​​$20k despite having tried it several times but unfortunately bitcoin hasn't been able to stay at that level, seeing what bitcoin is experiencing at the moment, then I think the bitcoin price will still trade below $20k until the end of this month and hopefully it doesn't fall again to the $17k level because if that happens maybe the panic in the market will increase.

[bitterguy28]

So,friends
What do you think about today for cryptocurrency?
What do you think,is it the beginning of a bullish period?
Looks like a good correction in a positive direction

the month is going to end yet? nothing seems to be significant from your question here, I'm afraid that we will be seeing a good and positive direction for this last week of the quarter.

and then we are entering the last quarter mate , we are in good motivation as investors and spectator , but the problem here is that are we having enough to help the market? are we truly supporting the coin to expect that much?

if not then we have no rights to look for better future as we are not helping the market to grow.

Bitcoin is currently trading at $18,789k and it looks like bitcoin is having a bit of a hard time breaking back into its strongest support area of ​​$20k despite having tried it several times but unfortunately bitcoin hasn't been able to stay at that level, seeing what bitcoin is experiencing at the moment, then I think the bitcoin price will still trade below $20k until the end of this month and hopefully it doesn't fall again to the $17k level because if that happens maybe the panic in the market will increase.

dont worry as we are entering the ending quarter of the year in which will soon show us what are we truly expecting from this.

[LangePara]

If you'd ask me I would XRP. I see them winning vs the SEC. Ethereum will deff be one of the biggest L takers sooner or later when the SEC marks them as security.

[jamyr]

If you'd ask me I would XRP. I see them winning vs the SEC. Ethereum will deff be one of the biggest L takers sooner or later when the SEC marks them as security.

XRP is really does have the potential IMHO. Although I cannot be too sure with ETH. Since they have moved from POW to POS ,I believe they just created a way for bankers to get into their mining.

Since bankers do have a lot of budget to put up on Stake, then they probably would be the one mining, thus the one regulating the chain. Unlike before when it is POW , it is for those who have miners, or computing power that should be the one mining the blocks for ethereum. Although POS would be great for the environment, I still believe it is not what cryptocurrency was built for.

[BobK71]

Bitcoin is currently trading at $18,789k and it looks like bitcoin is having a bit of a hard time breaking back into its strongest support area of ​​$20k despite having tried it several times but unfortunately bitcoin hasn't been able to stay at that level, seeing what bitcoin is experiencing at the moment, then I think the bitcoin price will still trade below $20k until the end of this month and hopefully it doesn't fall again to the $17k level because if that happens maybe the panic in the market will increase.

Like every year at this time the market was showing signs of improvement. But this time there is no such sign. So there is nothing to do but be patient. During this period there are enough opportunities to select good coins. In a bearish market it is better to select coins that are in a reliable position and should be bought. We may see a new picture of crypto in the first week of next month we have to wait until that moment.

[FanEagle]

If you'd ask me I would XRP. I see them winning vs the SEC. Ethereum will deff be one of the biggest L takers sooner or later when the SEC marks them as security.

XRP is really does have the potential IMHO. Although I cannot be too sure with ETH. Since they have moved from POW to POS ,I believe they just created a way for bankers to get into their mining.

Since bankers do have a lot of budget to put up on Stake, then they probably would be the one mining, thus the one regulating the chain. Unlike before when it is POW , it is for those who have miners, or computing power that should be the one mining the blocks for ethereum. Although POS would be great for the environment, I still believe it is not what cryptocurrency was built for.

It really doesn't. XRP is a coin that is heavily centralized and controlled by 2 people running a company, that's it, that is the whole control of XRP and Ripple and if you fall for their trap then you will lose a lot of money on it.

I cannot agree with you on ETH, I believe it is a retail investors world and we will have a lot of it but we will put it on exchanges so it would still be centralized in that sense, but I would assume that control of it will be on us, but I understand you disagreeing with that, there is no argument against that from me. I however will definitely warn you against XRP, do not invest in it, and try to stay away as much as possible.

[jamyr]

If you'd ask me I would XRP. I see them winning vs the SEC. Ethereum will deff be one of the biggest L takers sooner or later when the SEC marks them as security.

XRP is really does have the potential IMHO. Although I cannot be too sure with ETH. Since they have moved from POW to POS ,I believe they just created a way for bankers to get into their mining.

Since bankers do have a lot of budget to put up on Stake, then they probably would be the one mining, thus the one regulating the chain. Unlike before when it is POW , it is for those who have miners, or computing power that should be the one mining the blocks for ethereum. Although POS would be great for the environment, I still believe it is not what cryptocurrency was built for.

It really doesn't. XRP is a coin that is heavily centralized and controlled by 2 people running a company, that's it, that is the whole control of XRP and Ripple and if you fall for their trap then you will lose a lot of money on it.

I cannot agree with you on ETH, I believe it is a retail investors world and we will have a lot of it but we will put it on exchanges so it would still be centralized in that sense, but I would assume that control of it will be on us, but I understand you disagreeing with that, there is no argument against that from me. I however will definitely warn you against XRP, do not invest in it, and try to stay away as much as possible.

Hi. Thank you for your input. It was surprising to learn that XRP is controlled by just two people who ran the company. I mean if you would look at recent pump on XRP it nearly went up like 50% or neighborhood of that percentage.

Regarding ETH it was just a thought from me.

[GelatikKembar]

Bitcoin is currently trading at $18,789k and it looks like bitcoin is having a bit of a hard time breaking back into its strongest support area of ​​$20k despite having tried it several times but unfortunately bitcoin hasn't been able to stay at that level, seeing what bitcoin is experiencing at the moment, then I think the bitcoin price will still trade below $20k until the end of this month and hopefully it doesn't fall again to the $17k level because if that happens maybe the panic in the market will increase.

Like every year at this time the market was showing signs of improvement. But this time there is no such sign. So there is nothing to do but be patient. During this period there are enough opportunities to select good coins. In a bearish market it is better to select coins that are in a reliable position and should be bought. We may see a new picture of crypto in the first week of next month we have to wait until that moment.

Yes, until now there is no sign that the market will rise again,
in bear market conditions the key is to remain patient even though we do not know when the market will be bullish,
buying or investing in top coins is a safer choice