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Author Topic: The pump isn't coming sooner  (Read 439 times)
Falconer
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November 03, 2022, 07:21:54 PM
 #21

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...
Forget and ignore what other people say and stick to your point of view. Other people are not responsible for the gains and losses you experience on your investments, so don't take whatever other people say as a guide before you do your own analysis.

Here are some reasons why you shouldn't trust what other people say:

Quote
  • There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.
  • The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.
  • Some holders will get bored and tired.
  • Some will even start believing that crypto is dead.

If you like long term investing, then hold to your stance for anything you can afford to lose. You don't have to force yourself to remain a holder if something happens when you're absolutely sure it's the price you deserve.

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Hypnosis00
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November 03, 2022, 10:39:46 PM
 #22

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...
Forget and ignore what other people say and stick to your point of view. Other people are not responsible for the gains and losses you experience on your investments, so don't take whatever other people say as a guide before you do your own analysis.

Here are some reasons why you shouldn't trust what other people say:

Quote
  • There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.
  • The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.
  • Some holders will get bored and tired.
  • Some will even start believing that crypto is dead.

If you like long term investing, then hold to your stance for anything you can afford to lose. You don't have to force yourself to remain a holder if something happens when you're absolutely sure it's the price you deserve.
This is really the case. Indeed, holding is a good option if we are confident that the coin we invest will pump in the future. Why bother ourselves with FUDs and negativity around if we trust our investment? It is literally most people have been influenced by these negative news and FUDs that only creates panic selling and big sell-off. We know the bear season still dominating the market, so if we let out emotions controlled us, surely nothing happen on us but losses.

R


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November 03, 2022, 10:59:07 PM
 #23

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.
But I see small pumps already starting to show, particularly on Bitcoin in the previous few days. Even BNB in the last week was pumped up to 15%. I think this is an amazing show. No one gets tired of holding crypto, except for an urgent need that compels them to sell it. I remain optimistic that the price of crypto will rise. Although currently the bear market has no signs of ending.
This is why its really important that you shouldnt really invest on the money which you had borrowed or had some loan or in terms of those emergency funds which it would really lead you into panic sell whenever

you do really need up some funds and this had been the common mistake of someone on why they are making those sells not on the right time due to these circumstances.When it comes to pumps

then it is a usual behavior but we cant really able to determine if this one is the start of the bull run or just simply that ordinary day that we do have on this market.
Everything cant really be predicted this is why its never been good for you to make out conclusions that this market is over.

R


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November 04, 2022, 03:31:01 AM
 #24

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.

If you are a long-term investor, then you shouldn't bother with those words even though I haven't seen any thread claiming that the bear market is over. Whether the bear market has ended or when it will end, really doesn't matter to long-term holders.
The truth is that I myself am more of a holder than a trader. I just know that I have a chance to accumulate cheap bitcoins, and I do hope that there will be enough time to fill bitcoin pocket. I don't expect the pump to come suddenly because if it happens I will miss a lot of my plans.

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November 04, 2022, 06:36:43 AM
 #25

Yes, that's correct. We have no idea whether the bear market has completely left the market or is still holding on in the market. We can only predict what is happening now and draw temporary conclusions even though the market is currently still in a sideways position. And although the price can go up and down, but it is still in a sideways state. So it looks like we still have to be patient to see the bull market come again and we can speculate that the bull market might come in the next year. And if they feel bored and tired of waiting for a bull market, they can leave the market with a fixed position to hold all their coins so that they will not panic at the price movement of each coin.

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November 04, 2022, 06:49:15 AM
 #26

Crypto which is shitcoins you said above will dead, but Bitcoin wouldn't dead since there's many use case that any shitcoins can't replace or better than Bitcoin. Shitcoins price are depends on Bitcoin, when Bitcoin in bull market, shitcoins price will increase and vice versa. But the thing is when bear market happen, those shitcoins wouldn't survive since they don't have any fundamental, any investors wouldn't interested with shitcoins anymore.

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November 04, 2022, 09:19:14 AM
 #27

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...
congratulations  to you being a Holder as LONG TERM , this is one best strategy everyone must do unless you are looking for sooner profit.
Quote
There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.
never rely on how those people says because there are several occasions or maybe most of those does not comply to reality.
Quote
The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.
those who believes that will happen? they are the one who needs to get out of the market because they don't deserve to be here.
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November 04, 2022, 10:21:48 AM
 #28

Crypto which is shitcoins you said above will dead, but Bitcoin wouldn't dead since there's many use case that any shitcoins can't replace or better than Bitcoin. Shitcoins price are depends on Bitcoin, when Bitcoin in bull market, shitcoins price will increase and vice versa. But the thing is when bear market happen, those shitcoins wouldn't survive since they don't have any fundamental, any investors wouldn't interested with shitcoins anymore.
The problem is not that the named shitcoins will die, but that new shitcoins regularly appear and die as well. This cycle will never stop, because it makes a lot of money for the creators of these coins and the market manipulators (exchanges). But not all shitcoins are bad. Some have survived more than one bear market just fine, e.g. XRP, LTC, XMR, ATOM.

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November 04, 2022, 10:33:17 AM
 #29

The main thing is persistence and determination to keep up with the market even when days are bad and of course when days are good. There are people who stop having that determination and they stop investing or hoping to invest.

The new investors who are coming in with low quality investments often get trapped in the cycle of bull and bear not knowing how to use these times to their advantage.

There lies the difference with big investors who are willing to take their time and keep putting in money at the proper price and time.

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November 04, 2022, 12:53:58 PM
 #30

The hope to be able to see the market pump is not likely to occur in 2022, until now the market looks very difficult to rise, when prices appear to rise, there will be a selling action that is carried out so that it makes price pressure and fall again.
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November 04, 2022, 06:28:31 PM
 #31

The main thing is persistence and determination to keep up with the market even when days are bad and of course when days are good. There are people who stop having that determination and they stop investing or hoping to invest.

The new investors who are coming in with low quality investments often get trapped in the cycle of bull and bear not knowing how to use these times to their advantage.

There lies the difference with big investors who are willing to take their time and keep putting in money at the proper price and time.
Big investors have the money to invest whenever they want to, that’s their power. I mean normally many people here live with the money they have, and do not have much to invest aside because they need all their money to survive, our salaries are not enough to live amazingly, it's good enough to survive most of the time but it’s not like we are rich people.

However, rich people could spend 1 million dollars per month to live an amazing life, and could still have some money aside, they could have hundreds of millions, even billions of dollars. That is why they do not care when they are investing, they could buy 50 million dollars worth of bitcoin and put it aside for 20 years and never have to look at it again because they won't need that money anyway.

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November 04, 2022, 08:43:35 PM
 #32

The hope to be able to see the market pump is not likely to occur in 2022, until now the market looks very difficult to rise, when prices appear to rise, there will be a selling action that is carried out so that it makes price pressure and fall again.
You are going against your statement. You seem to agree that the price of the market will rise this year but you said "the hope to be able to see the market pump is not likely to occur in 2022".
When the market is in bear, it doesn't mean there won't be any rise/pump in the price of the market although the pump won't last since people will seize the profit opportunity until next month we may see some pump in the price of the market this month.
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November 04, 2022, 09:10:33 PM
 #33

However, rich people could spend 1 million dollars per month to live an amazing life, and could still have some money aside, they could have hundreds of millions, even billions of dollars. That is why they do not care when they are investing, they could buy 50 million dollars worth of bitcoin and put it aside for 20 years and never have to look at it again because they won't need that money anyway.
I think rich people will not rush to invest in the bull market, although they are after short term profit but they also have the technical and analysis to buy coins at lower prices than the current price, but it is undeniable that rich people have the power to give signals high pump from purchases using reserve funds used for support reached the highest price in this month or during Q4. However, it's not too late to invest at this stage so take advantage of the low prices for long term investments. DWYOR.

I think they didn't become rich by accident, they know when to invest and when to sell, so doesn't matter for them if we are in a bull run or bear market, as long as they can double or triple their investment (whichever method they used, they are going to do it.)

As compare to us average joe, sometimes we are reluctant to invest in bear market, but more willing to throw our money when the price is pumping, very wrong mindset to begin with.

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November 04, 2022, 09:20:30 PM
 #34

However, rich people could spend 1 million dollars per month to live an amazing life, and could still have some money aside, they could have hundreds of millions, even billions of dollars. That is why they do not care when they are investing, they could buy 50 million dollars worth of bitcoin and put it aside for 20 years and never have to look at it again because they won't need that money anyway.
I think rich people will not rush to invest in the bull market, although they are after short term profit but they also have the technical and analysis to buy coins at lower prices than the current price, but it is undeniable that rich people have the power to give signals high pump from purchases using reserve funds used for support reached the highest price in this month or during Q4. However, it's not too late to invest at this stage so take advantage of the low prices for long term investments. DWYOR.

I think they didn't become rich by accident, they know when to invest and when to sell, so doesn't matter for them if we are in a bull run or bear market, as long as they can double or triple their investment (whichever method they used, they are going to do it.)

As compare to us average joe, sometimes we are reluctant to invest in bear market, but more willing to throw our money when the price is pumping, very wrong mindset to begin with.
There's really a huge comparison into those people who are having lots of money compared into those people who do have only an ample amount of funds to be invested.When you do have much money allocation then

chances for you to have lots of ways or methods could really be there since you could really be that versatile since you do really have the funds on doing so.Incase that they would lost up then they are really getting

used to it and since they do have lots then it wont really be that too painful unlike into someone who do throw out their last chance of funds to make it bigger or to make up some profits then
it would really be just natural that you would really be that too mindful when it comes into your investment decisions.

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November 04, 2022, 09:32:03 PM
Last edit: June 11, 2023, 11:32:32 PM by STT
 #35

I find recent action good, dont know about calling it a pump but certainly its a time to be optimistic lest you miss a valid rally.  Theres no gain in refusing to believe the possibility for higher prices, even a 10k gain would be 50% from the lows and perfectly legitimate as a target.   I'd estimate 25k as reasonable but nobody can tell for sure.



Here is the rough ranges I would guess have restricted us for the last months.  We can regain a higher set of prices and its worth attempting to do so.   Daily bars, blue line is 50 day average if we can see that turn back upwards and continue trend above that measure then even in a setback shorter term we in a wider sense able to gain.

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November 04, 2022, 09:41:41 PM
 #36

Why, how soon were you expecting it? Honestly, I wasn't anticipating any kind of major improvement in the market before 2024. Look around you: the economy is collapsing, the war is still raging, and it will kneel Europe before Russia does. How can someone expect assets or Bitcoin to boom during this economic recession? Let me also remind you that after Bitcoin crashed somewhere towards the end of 2017, it took more than 3 years to recover. In 2021, despite Covid-19, the economic situation wasn't that awful, nor was there a war in Europe or sanctions in place.

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November 04, 2022, 09:45:18 PM
 #37

I find recent action good, dont know about calling it a pump but certainly its a time to be optimistic lest you miss a valid rally.  Theres no gain in refusing to believe the possibility for higher prices, even a 10k gain would be 50% from the lows and perfectly legitimate as a target.   I'd estimate 25k as reasonable but nobody can tell for sure.

Yeah, a good $25k estimate is not that bad, however, I'm still at fence at it. If we are going to hit it at around December, the rally this November should end up like in the $23k range. And I still believed that it could be a hard target for this month as the price could go on another sideways or the max that we can go is $21k and have a difficult entry to $22k. But let's see, if investors are going to be bullish then nobody can stop that run.

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November 04, 2022, 10:47:02 PM
 #38

I believe that the future of crypto currency is strong and big, I am a long term investment myself but...

There are many posts on this forum saying the crypto bear market is over, some are already saying that a pump is coming.

The truth is they don't know what's coming, bear market can last longer than they think, it will get to the point where many will give up or about to give up before things start changing.

Some holders will get bored and tired.

Some will even start believing that crypto is dead.

We haven't even get to that point yet.
The weak hands will end up quitting, while the strong hands continue to believe and chose to just be patient while waiting for the bullish season. Though it’s not happening sooner but the fact that bitcoin halving will be here by 2024, I guess that’s enough reason not to lost hope and still tighten our faith because in the end, we will see a rainbow after the rain.

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November 05, 2022, 06:56:16 AM
 #39

Today the market rises more than 6% and is likely to continue to rise because of positive news from many Twitter influencers, even according to the prediction of many experts that the price of November can touch $ 25k, of course this is a good start so that December can rise and reach at least $ 35 K.


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November 05, 2022, 08:31:39 AM
 #40

Today the market rises more than 6% and is likely to continue to rise because of positive news from many Twitter influencers, even according to the prediction of many experts that the price of November can touch $ 25k, of course this is a good start so that December can rise and reach at least $ 35 K.

Positive news from many twitter influencers?, what is it and who is likely to help the market go up? I believe this rally in the market is due to the news of the employment index released yesterday and a bigger reason is that the US midterm elections are coming up so the market will benefit during this period. I don't think this rally bitcoin can recover to 25k, my target for bitcoin is 22k and then maybe bitcoin will continue to correct back to 20k.



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