Crypto Crash Incoming?

[malcovi2]

Hard to understand what you wrote. But, there is no "crash incoming". Those are all FUD's and don't fall for it. We always hear about the "crash", no matter what is happening to the market and what time is it. The market is in a bull run? We hear "crash incoming". The market is in bear state. We hear further "crash incoming". So just ignore what you read and keep investing and holding.

By the way, you should look at the charts again. During the early pandemic (that is what you mean by the government shutting down the whole world, yeah?), the price didn't crash. It will up and skyrocketed.

Its not even FUD if you think about it do you think retails investors will have extra cash if prices of basic needs keeps going up? I think most people would save their money to buy food and investing is their least priority right now because both crypto and stock market are in a bearish state.

I think most salaries aren't even going up to cope with the inflation.

[Ziskinberg]

Whether we like it or not, the market crash will even come unpredictably. But we don't need to worry about it nor we got disappointed but better prepare ourselves to buy more rather than panicking. I make myself calm and ready for it, I have no clue either how long this will stay low but there is one thing I was sure that the crypto market will recover then after hitting the bottom. It was just about how to make ourselves patient and willing to take risks.

[Silberman]

Whether we like it or not, the market crash will even come unpredictably. But we don't need to worry about it nor we got disappointed but better prepare ourselves to buy more rather than panicking. I make myself calm and ready for it, I have no clue either how long this will stay low but there is one thing I was sure that the crypto market will recover then after hitting the bottom. It was just about how to make ourselves patient and willing to take risks.

When we are facing such difficult conditions then it is a must to try to think long term when it comes to our investments, while it would be nice if the price began to recover right now we know that something like this will not happen, so we need to think about what to do to obtain the biggest profits in the future, and without a doubt buying now seems like a good deal, as even if the next bull market is not as explosive as we expect it will still reach at least 100k, giving us more than 400% in profits if we can hold for that long.

[Shasha80]

The market is still bearsih and a sign for rising in 2022 it seems that it does not exist, if in 2021 from June to September the market is still red but at the end of September it shows a sign of rising, while at the end of September there is no sign for rising so as to make many Altcoins also crash.

Entering this October the crypto market has not shown positive signs and still looks bearish. It is very visible how the price of Bitcoin is very difficult
to rise above the price of $ 20k, even the majority of altcoins prices also fall and are difficult to recover, but seeing this does not mean we should panic.
Because it is normal in the crypto world, bearish trends run for quite a long time, what is certain is that the bearish trend will only last for a while.
But because we don't know when the bearish trend will end, it's better to take advantage of the current bear market to collect potential cryptocurrencies.
Especially now that the price of Bitcoin and some of the top altcoins has touched a fairly low price, so buying now will be profitable. The most important thing is that we don't sell our cryptocurrencies at low prices and can be patient holding the crypto that we have until the bull market comes.

[nurilham]

I think that we have bottomed already because I can't imagine what would cause the Cascade that we had I mean back in June we had a Cascade way worse than March 2020.

Hopefully, we have been at the bottom price of Bitcoin. But if seeing the market right now, we are actually not sure if it was at the bottom or not yet because the market price si still high vaolity. That is why we know what may be best for our own strategy. Being too confident about the last bottom is also not wise enough. I cannot imagine if we have considered that Bitcoin has reached the bottom, but in fact, it may keep falling down someday. As an investor, of course, this will not be a matter because most of us will hold them for long term and may have other hances to accumulate more Bitcoins. But, on the other hands, some newbies maypanci if this hapen exactly.

[Ayers]

Whether we like it or not, the market crash will even come unpredictably. But we don't need to worry about it nor we got disappointed but better prepare ourselves to buy more rather than panicking. I make myself calm and ready for it, I have no clue either how long this will stay low but there is one thing I was sure that the crypto market will recover then after hitting the bottom. It was just about how to make ourselves patient and willing to take risks.

more than a week of October has passed, it can be seen that the market has not yet prospered, with the situation lasting like this, it is likely that the coming days will be even worse. panic doesn't help us get better now, the only thing we can do now stays calm and patient with it.
if you are not confident enough to continue buying when the price drops further, do not sell any coins at this time. selling now is no different from losing everything, so please wait and hold, the market can't fall forever, after rain comes sunshine

[romero121]

As people have got good sum of altcoins in their wallet, everyone looking for an altcoin season. For now this won't happen. According to the cyclical pattern of the market the altcoin season will take place once after the bullish trend of the market. To experience the bull market we need to wait for years, and further there is chance of altcoin season when bitcoin starts declining.

[Lambe Ndumble]

As people have got good sum of altcoins in their wallet, everyone looking for an altcoin season. For now this won't happen. According to the cyclical pattern of the market the altcoin season will take place once after the bullish trend of the market. To experience the bull market we need to wait for years, and further there is chance of altcoin season when bitcoin starts declining.

Nearly a year of the red market and makes us must always be realistic, the target for big profits in a short time we must change to the long term, and the thing that makes us worthy of optimism for long -term hold is the increasing number of countries that legalize cryptocurrencies.

[Ziskinberg]

Whether we like it or not, the market crash will even come unpredictably. But we don't need to worry about it nor we got disappointed but better prepare ourselves to buy more rather than panicking. I make myself calm and ready for it, I have no clue either how long this will stay low but there is one thing I was sure that the crypto market will recover then after hitting the bottom. It was just about how to make ourselves patient and willing to take risks.

more than a week of October has passed, it can be seen that the market has not yet prospered, with the situation lasting like this, it is likely that the coming days will be even worse. panic doesn't help us get better now, the only thing we can do now stays calm and patient with it.
if you are not confident enough to continue buying when the price drops further, do not sell any coins at this time. selling now is no different from losing everything, so please wait and hold, the market can't fall forever, after rain comes sunshine

Might say I was losing confidence that the market will tend to recover this month as well, not even sure this year the price of Bitcoin will reach at least $25k. And yes, as a holder, I have no reason why I'm going to panic as I believe that one day or in the next few years it will soon rise and give me a profit. As long as we are still holding and learning to wait for the right time to sell, nothing we are afraid of. Things like this really happen in crypto and this is actually how it works.

[shinratensei_]

The bearish market is almost a year to make a long storm so that it makes many altcoins dead, of course this is a heavy ordeal for developers and investors must always see the latest information so as not to be too losing.

The bearish market has been dumping everything to the bottom. Im feel so bad for those who have been buying at the peak price and they must lose a lot of money if they were still holding their assets until the price gone to the bottom like this time. The main thing is crypto crash already happened before the war,. The bad news was making it even worst from day to the another day with the bad news was also affecting the global economic

[ethereumhunter]

If you pay attention to the market conditions until now, in 2022 it will end up with conditions that are still bearish, this is a test of patience for us and of course investors who have big capital waiting for the market to fall and will buy, our mistakes are often panic when we see the red market and sell in a loss condition.

Since bitcoin experienced a drastic drop from the price of $69k to the bottom, it's already a sign the crypto market is experiencing a decline or crash. But maybe some of us still think it is only temporary and the price will increase again after the deep correction. But it turns out that many of us had miscalculated and the crypto market eventually continued to decline to a low of $17k yesterday. And even though the price is still trying to stabilize at the $18k-$20k price level, the crypto market is still at the bottom and can't show any signs of starting to pick up. We still have to be patient because we don't know whether the market situation can start to change for the better than now or if it will get worse next year. But we didn't expect it and if it happened, we should be able to get ready from now on.

[Xampeuu]

The bearish market is almost a year to make a long storm so that it makes many altcoins dead, of course this is a heavy ordeal for developers and investors must always see the latest information so as not to be too losing.

The bearish market has been dumping everything to the bottom. Im feel so bad for those who have been buying at the peak price and they must lose a lot of money if they were still holding their assets until the price gone to the bottom like this time. The main thing is crypto crash already happened before the war,. The bad news was making it even worst from day to the another day with the bad news was also affecting the global economic

as long as they don't sell their assets, then I don't think it's a loss yet, but of course we have to consider whether the coins purchased can recover or not, so if we buy bitcoin then I don't think there's any doubt about waiting for it to grow back, and of course not there is a futile wait. it will be different if we buy shitcoin, which will not necessarily be pumped back later, because the most difficult thing is to determine when the bull market will occur, so as much as possible we should be able to enjoy it

[mirakal]

The bearish market is almost a year to make a long storm so that it makes many altcoins dead, of course this is a heavy ordeal for developers and investors must always see the latest information so as not to be too losing.

Altcoins are not dead yet but it has become zombie. I meant it's not dead nor alive. Altcoins are still trading in the market even with zero volume for its daily trade, that means volume can come anytime. The crypto crash has been ruining everything in the market. it takes only a few weeks to make the big coin like luna to be dead. The power of bearish market is unbelievable.

But that doesn't mean that it's the end for the altcoins, they will bounce back and just like what you said, altcoins are not yet dead but it's hard to determine when they will start to rally as it's been almost a year already since the bear market started. Not a good year for beginners as most of them lost interest because of this storm but it is a good year for the veterans to accumulate more coins while it's still cheap.

[Argoo]

We've already crashed isn't it? all time high of $69k and then seeing the floor price at $17,500. So that's about it this bearish cycle as I don't see the price go lower than that.

For the 2020 crash, yes it was due to the pandemic, but the cycle might repeat (not the virus itself), but the market crash due to several reasons, like recession and war. But I don't see any major slump that will push the price to another lower lows for this year or the whole bear market. And if by chance I'm wrong and the price fall below $17,500, then it's another great opportunity stack sats again.

I see no reason to panic. Bitcoin and other cryptocurrencies have repeatedly lost up to 70-90 percent of their previous price in a short time. But after a certain time, the market not only recovered, but also significantly rose in price. That will happen this time as well. After all, there are no objective grounds for the collapse of this market. World states are not hostile to cryptocurrencies. Only further regulation of this market is inevitable. But this will not be critical for cryptocurrency.

[msbeby]

Want experience advice about bitcoin

[Xal0lex]

I am not sure that the market has bottomed out, so a further collapse is still possible. If you look fundamentally, there are all the prerequisites for this: geopolitical instability, rising inflation, the economic crisis, rising unemployment, rising prices, the energy crisis. All these are good catalysts for further declines. The news often mentions that if bitcoin falls below 17600, it could trigger the liquidation of more than 75,000 bitcoins. If that happens, there will be a snowball effect, a cascading liquidation like that would trigger a deep and prolonged drop. We saw something similar in March 2020.

[taufik123]

If you pay attention to the market conditions until now, in 2022 it will end up with conditions that are still bearish, this is a test of patience for us and of course investors who have big capital waiting for the market to fall and will buy, our mistakes are often panic when we see the red market and sell in a loss condition.

Panic occurs due to a lack of confidence in the current market and those who panic also have no money at all. For those who still have spare money, of course, this bearish market moment is used as a moment to buy more, so that more profits will be obtained when the bull market returns.

Financial management is needed to keep the investment going, without good management the investment will not go well according to the initial plan.

[cryptomaniac_xxx]

I am not sure that the market has bottomed out, so a further collapse is still possible. If you look fundamentally, there are all the prerequisites for this: geopolitical instability, rising inflation, the economic crisis, rising unemployment, rising prices, the energy crisis. All these are good catalysts for further declines. The news often mentions that if bitcoin falls below 17600, it could trigger the liquidation of more than 75,000 bitcoins. If that happens, there will be a snowball effect, a cascading liquidation like that would trigger a deep and prolonged drop. We saw something similar in March 2020.

For me, we might see another bottoming next year if the recession will continue in 2023 (it will likely happen). So we might see another market crash, and as you have said the war in Europe and the geopolitics between US and China are still in the background for us.

So it's better to really have a mindset that the worst for us is still going to come next year and that the price could sink deeper. At least we are prepared and not panic if it does down < $17,500, our lower lows for this bear market so far.

[msbeby]

As the world continues to shift towards tech and as millennials become a more dominant part of the world economy, we should expect Bitcoin to also take an increasingly influential role in financial markets, especially in regard to being a ‘recession-proof’ asset.”

Bitcoin price today is $19,308.18 USD with a 24-hour trading volume of $25,189,960,802 USD. We update our BTC to USD price in real-time. Bitcoin is down 0.97% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $370,240,911,152 USD.

[Xal0lex]

I am not sure that the market has bottomed out, so a further collapse is still possible. If you look fundamentally, there are all the prerequisites for this: geopolitical instability, rising inflation, the economic crisis, rising unemployment, rising prices, the energy crisis. All these are good catalysts for further declines. The news often mentions that if bitcoin falls below 17600, it could trigger the liquidation of more than 75,000 bitcoins. If that happens, there will be a snowball effect, a cascading liquidation like that would trigger a deep and prolonged drop. We saw something similar in March 2020.

For me, we might see another bottoming next year if the recession will continue in 2023 (it will likely happen). So we might see another market crash, and as you have said the war in Europe and the geopolitics between US and China are still in the background for us.

So it's better to really have a mindset that the worst for us is still going to come next year and that the price could sink deeper. At least we are prepared and not panic if it does down < $17,500, our lower lows for this bear market so far.

You're right, it's not necessarily that the absolute bottom has to come this year and that's the end of it. Let's look back at the last crypto winter of 2018-2019. There the absolute bottom came in Q1 2019, that is 14 months after the ATH. Then that bottom repeated a year later, in March 2020. There could be quite a few more events before the halving, including a new bottom that could easily cross the $15,000 per bitcoin price mark