lovesmayfamilis
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October 18, 2022, 04:57:06 PM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
Some see disaster, others like myself see opportunity. Now is the time to buy assets whilst they are low. You can plant seeds that will give you amazing profits by buying now. Correctly, You can divide those for whom the glass is half empty and those for whom the glass is half full. There have always been optimists and pessimists. Everyone showed what happened in the past. The OP calls this year the worst. But OP, a year hasn't passed yet, and you don't know what's to come. Maybe one day you will say that you were very wrong when you said that everything is bad today. There have been and will be crises, but what we will take away from these remains only our choice.
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Jackl87
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October 18, 2022, 09:00:10 PM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
I don't know. Even though my portfolio has took a huge hit sadly and has only a fracture of it's value in comparison to May of 2021 i still think that the bear market from 2018 on was much harder than this one. I mean just take a look at ETH for example it still is at around 1300 at the moment. Back in the last bear market it dropped to 150$. Of course this this not help you very much when you have bought your coins during the last bullrun of 2020 and 2021 but i still think that the years from 2018 to 2020 were harder. This bear market is not over yet though and it could stil happen that we see prices of below 1000$ per Ethereum or below 15k per BTC or even lower than that.
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lalabotax
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October 18, 2022, 09:48:33 PM |
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So now we If I invest some money then I can get double money.
Don't be too sure about doubling it. I know that we'll make some money but you're unsure if it's going to be doubled or maybe a portion of it or maybe more than that. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This desire or expectation to double money instantly like this is what often makes people, especially beginners, disappointed with cryptocurrencies. Why? because we know that crypto investment does not always guarantee that we will always get a profit, let alone multiply profits. This will depend on several things, including market conditions and how patient we are to make the investment, including in what crypto we invest. Not only that, these desires or hopes sometimes make newbies an easy target for scammers by promising their money to double instantly by investing in these scammers.
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Marvelman
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October 18, 2022, 09:55:21 PM |
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So now we If I invest some money then I can get double money.
Don't be too sure about doubling it. I know that we'll make some money but you're unsure if it's going to be doubled or maybe a portion of it or maybe more than that. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This desire or expectation to double money instantly like this is what often makes people, especially beginners, disappointed with cryptocurrencies. Why? because we know that crypto investment does not always guarantee that we will always get a profit, let alone multiply profits. This will depend on several things, including market conditions and how patient we are to make the investment, including in what crypto we invest. Not only that, these desires or hopes sometimes make newbies an easy target for scammers by promising their money to double instantly by investing in these scammers. Well, there are many investors out there who are making great returns. It just takes a little time to reap the rewards. If you enter the crypto market or invest, you can't expect to make instant profits every time. We must be prepared mentally and financially because there are times when investments may take longer to make a profit than expected. Again, progress is still progress, even if it is not instantaneous.
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btc_angela
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October 18, 2022, 09:58:47 PM |
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So now we If I invest some money then I can get double money.
Don't be too sure about doubling it. I know that we'll make some money but you're unsure if it's going to be doubled or maybe a portion of it or maybe more than that. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This desire or expectation to double money instantly like this is what often makes people, especially beginners, disappointed with cryptocurrencies. Why? because we know that crypto investment does not always guarantee that we will always get a profit, let alone multiply profits. This will depend on several things, including market conditions and how patient we are to make the investment, including in what crypto we invest. Not only that, these desires or hopes sometimes make newbies an easy target for scammers by promising their money to double instantly by investing in these scammers. Well, there are many investors out there who are making great returns. It just takes a little time to reap the rewards. If you enter the crypto market or invest, you can't expect to make instant profits every time. We must be prepared mentally and financially because there are times when investments may take longer to make a profit than expected. Again, progress is still progress, even if it is not instantaneous. 50/50 still, those who are making huge returns might be those who have enough experience in this crypto market. So it's going to be a struggle for average joe and newbies. Nevertheless, as you have said, it takes time and money to reap the rewards, so we have to be patience here. Also you touch base a good subject, about the mental preparation so that is also something that every traders should look at. If they don't have a positive mentality and can't get back after a huge lost, then maybe trading is not for them.
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irhact
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October 18, 2022, 10:32:39 PM |
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Well, there are many investors out there who are making great returns. It just takes a little time to reap the rewards. If you enter the crypto market or invest, you can't expect to make instant profits every time.
That's just how the world works, while it might seems unsuccessful for some investors, others might be winning. This year might have been worst for you especially if you had held LUNA while those that bought LUNC are smiling because they made one of the best gains this year as their coin has had a good run after relisting on Binance exchange and the burn mechanism was introduced to help burn some tokens from circulation. Remember that whenever you're selling, there's someone buying and same when it's the other way round. So while you might have been panick selling there was someone who was buying and they're smiling now or soon.
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Argoo
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October 19, 2022, 09:16:28 AM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
Well, it looks like it is. This year is completely under the bear period and its end is not yet in sight. And the bearish period has always had a negative impact on the cryptocurrency market. Interest from some investors was falling at that time, professional investors, on the contrary, use this time to purchase cryptocurrencies that are potential for growth. But in general, there are few newbies joining the cryptocurrency at this time. At this time, we also see few new projects. In any case, this year has not yet been good for cryptocurrency.
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TheUltraElite
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So anyway, I applied as a merit source :)
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October 19, 2022, 10:51:49 AM |
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Well, there are many investors out there who are making great returns. It just takes a little time to reap the rewards. If you enter the crypto market or invest, you can't expect to make instant profits every time. We must be prepared mentally and financially because there are times when investments may take longer to make a profit than expected. Again, progress is still progress, even if it is not instantaneous.
The year has been what it needs to be. People need to stop calling a year bad because these are continuous things that will keep changing. Knowledge on how to deal with market changes is important. If a market remains bullish, you can buy Bitcoin. If the market rises, you have to sell and book the profit. Don't see how people see this as bad. The same people are going to complain when prices go up that it is too expensive to buy anymore. Definitely progress happens but this a speculative market, don't expect progress either. Bitcoin is progressing on its tech, but that effect on market is not going to make a huge impact.
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NicNacCoin
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October 19, 2022, 11:39:26 AM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
The current time is a bit bad for everything. If you consider it from any place or place you will see that the current situation is very bad everywhere.Everything including our cryptocurrencies are going through bad times right now. People aren't having a good time at anything right now.But wait, better time will surely come.Especially when the year 2022 ends, we are expected to have a good time in everything.
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irhact
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October 19, 2022, 11:55:58 AM |
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The current time is a bit bad for everything. If you consider it from any place or place you will see that the current situation is very bad everywhere.Everything including our cryptocurrencies are going through bad times right now. People aren't having a good time at anything right now.But wait, better time will surely come.Especially when the year 2022 ends, we are expected to have a good time in everything.
2022 has been bad for the financial market in general as both stocks, bond etc are crashing as the crypto market is crashing so no where is safe and in times like this one wonder of diversifying into other assets are advisable since financial crisis like this can destroy all your investing. Instead of investing in multiple market why not save. If you had savings, now would be the best time to invest and get cheap coins. The crypto market is the best market to take advantage of and secure a future for yourself as the profit can come in quick without having to worry about too much taxes or eyes
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Retainly_Collie
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October 19, 2022, 12:10:17 PM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
There are many thoughts about 2022 with the market up to now. The problems, whether negative or positive, are always happening. I don't have too many thoughts to bother with, as I am, in fact, a pro-market companion in many of the other areas it creates. Sometimes some tough things happen, but I think patience before anything pays off. This phase of the market is also a time for us to study the field more and spend more time acquiring knowledge for the future, which will feel beneficial in this space.
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cryptomaniac_xxx
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October 19, 2022, 12:23:36 PM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
There are many thoughts about 2022 with the market up to now. The problems, whether negative or positive, are always happening. I don't have too many thoughts to bother with, as I am, in fact, a pro-market companion in many of the other areas it creates. Sometimes some tough things happen, but I think patience before anything pays off. This phase of the market is also a time for us to study the field more and spend more time acquiring knowledge for the future, which will feel beneficial in this space. But I think you will agree that 2022 is almost ending and yet the market is still very much in red and negative and majority of the coins are down like -70% or greater. I do agree that in this kind of market, we need to be very careful and patience is the key. Because 1. price is down, but we can take advantage of it buy buying because it is cheap 2. when you buy, you should have the mentality not to sell and hold till the next bull run. So the question, is investors willing to wait that long?
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passwordnow
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October 19, 2022, 01:31:16 PM |
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So now we If I invest some money then I can get double money.
Don't be too sure about doubling it. I know that we'll make some money but you're unsure if it's going to be doubled or maybe a portion of it or maybe more than that. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This desire or expectation to double money instantly like this is what often makes people, especially beginners, disappointed with cryptocurrencies. Why? because we know that crypto investment does not always guarantee that we will always get a profit, let alone multiply profits. This will depend on several things, including market conditions and how patient we are to make the investment, including in what crypto we invest. Not only that, these desires or hopes sometimes make newbies an easy target for scammers by promising their money to double instantly by investing in these scammers. Yeah, that desire of earning to double their capital so quickly makes them the easy target for these scammers. A simple few words of tricks and they're going to be gullible and about talking about how much they can earn so quick. Having that gullible thought will make them the easiest target because of some promises like making their money double is what music to their ears but it's more than music to the ears of those scammers and tricksters that are targeting and looking for them.
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Kelvinid
Sr. Member
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win lambo...
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October 19, 2022, 02:24:14 PM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
Might say the hard times in crypto but not the worst year ever, we never know in the coming year or in the next bear season. But as my assessment of the market now, it was just like in the past which also creates some panic selling and big sell-off from doubters and impatient individuals. It could be somewhat difficult for the starters to think about it and not earning fast from their investment but for us who have been here for many years and had experienced several price drops, we can say it was just a normal market condition.
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Bitstar_coin
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October 19, 2022, 04:30:15 PM |
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Is there any bear market that is better than the other? I think they mostly the same except for people who will perceive them differently. This bear season may look worst to you but to someone else it isn't. The most difficult part of the bear market is the wait, when your investment is in constant red, time seem to be moving slowly ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , every moment seem longer. It is better to engage in something else to avoid being overwhelmed by the market condition.
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justdimin
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October 19, 2022, 07:14:42 PM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
Not all investors are sad this year, many are able to locked-in their profits in stable coins waiting for the right moment to reinvest it. I made some money as well, and still holding it as my buying power so when Bitcoin goes deeper, I might be able to catch it. This is not my worst year with cryptocurrency, maybe I worked hard not to lose a single cent but of course, the market is unpredictable and losing is inevitable as well. If you lose money in the three quarters, you still have time to make some, don't lose hope and keep trying. This is something a very few lucky people managed to get involved. If they managed to sell their profits at the top, that means they are holding stablecoins and they can definitely start shopping right now, which means not only they profited, but they also positioned themselves to profit even more. That’s actually quite smart and would be lucky. However, this is not everyone and doesn't mean that we are going to see all the people doing it neither, and that is why we should be careful about it as well. I am not saying that we should buy and hold at any price, but if we already did, then the drop caused us to have a temporary drop and we need to figure a way out too.
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KaliLinux
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October 19, 2022, 08:11:02 PM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
For anybody that has been investing in Cryptocurrencies for some time now would understand that this is the natural circle the market goes through every once in a while and if you truly understands the market, you would know that there are people also making money through this bear market because we don't only have the spot traders in the system but the futures traders too. So, the effect of a bear market is subjective even though we know the general price goes down but many sees it as an accumulation stage while others sees it as another opotunity to make other profits too trading the market downwards. So it might not be an "officially worst year for investors" as you think.
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savetheFORUM
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October 19, 2022, 09:44:53 PM |
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The first year during the bearish trend will always become the worst year for crypto, the price of crypto will be going to the lowest price and then it will be starting to recover slowly during the next year. I think that 4 year cycle has been explaining a lot about how it will be going on. This is the worst year not only for investors but for so many countries and regulators caused by we are facing crisis at the same time combined with various problems.
I think the duration of the bearish trends are not known. It may not last before December if things are settled. I believed the 4 year cycle that you are talking about is halving and it was different from the bears and bulls cycles although it is said that bitcoin prices can pumped up right after the halving event is done but it does not mean that we won't have any other increase these next 2 years. Some says that this is the worst year because the duration of the bear is taking too long but id say no but for me this was actually a great year because it allows people to buy more coins. We have given a lot of time for accumulation. They better realized the good side of this bear too and only focus on the negative ones.
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Wakate
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October 19, 2022, 09:53:13 PM |
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2022 is going to be the worst year for crypto investors. Any thoughts guys?
This is actually funny to see your post dude 😂 Well you need to know that this is not the worse year for investors to get what they want from the market but an opportunity for everyone to find an appropriate time to buy what they really interested in especially liquidity projects that will do well in the crypto market when the bull market arrives. You need to understand that any down market or bear market is a big opportunity for everyone especially those who really understand the market to buy and keep holding. The market can not continue going bullish which is the reason why the bear or downward market is necessary to buy more.
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blockman
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October 19, 2022, 10:24:16 PM |
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it won't be as bad as crypto in 2018 I'm sure. in this year we already have a great reputation in the eyes of the public. almost everyone in the world knows about bitcoin and crypto. we only need to really make crypto a long-term investment if we are in a bear market and fully believe in what we are investing in.
Yes, far from that. And whoever gets into the market for the first time since last year, may say that this is the worst year. It's what they don't like as the market doesn't move in ways that we expect. This year might not be the best for them but to us, looking back, this was in the best shape circa 2017. Well, we didn't get into the market at the same time so if somebody tells that this is the worst for them, just ask and understand when they've entered to the market.
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