BTC, more closer bullish days ahead.

[Baofeng]

Agree, I still believe there will be another crash that will happen in crypto market and hitting the final bottom of btc at around 11k, once happened this will be the start of the new season if this does not happen this year then the bottom is already in and we need to accumulate as many as we can for more exiting bull market coming.   

I do not think that there will be another one, I think what has happened is the last of it, I do not see anything bigger happening. It's understandable that too many people are expecting crypto t go down even more because they have only seen it go down and ats what they think it does. But in order for it to go down though, first it had to go up a lot, and do not forget how high it can get.

At the start of 2020 was 7k, and the peak of 2021 it was 68k, which means under 20-22 months we reached from 7k to 68k and we even had something like 4k in the middle there to. So, those ups are still markets reality and they will soon happen again.

There is not much time during this year to see yet another crash so I also think this is not very realistic, however 2023 is coming and we know this will also be a difficult year for bitcoin, and if we keep seeing big coins and big exchanges dropping like flies then I think there is a big chance we could see yet another collapse next year, however even if that is a possibility I think the price is already very attractive and if possible we need to take advantage of it already.

Yeah, but as far as exchanges really dropping? we haven't seen this in the last bear market, not that I'm aware of. It's more of the project going dead like the ICO and others doing the 2018 meltdown up to 2020 Covid-19 pandemic.

But this time it was very different, Terra Luna and then FTX, that's two of the biggest factor that really put a damper on the market that we have never seen before.

As a result, billions is lost in just a day, investors selling off as a result of this.

[Yatsan]

Agree, I still believe there will be another crash that will happen in crypto market and hitting the final bottom of btc at around 11k, once happened this will be the start of the new season if this does not happen this year then the bottom is already in and we need to accumulate as many as we can for more exiting bull market coming.   

I do not think that there will be another one, I think what has happened is the last of it, I do not see anything bigger happening. It's understandable that too many people are expecting crypto t go down even more because they have only seen it go down and ats what they think it does. But in order for it to go down though, first it had to go up a lot, and do not forget how high it can get.

At the start of 2020 was 7k, and the peak of 2021 it was 68k, which means under 20-22 months we reached from 7k to 68k and we even had something like 4k in the middle there to. So, those ups are still markets reality and they will soon happen again.

There is not much time during this year to see yet another crash so I also think this is not very realistic, however 2023 is coming and we know this will also be a difficult year for bitcoin, and if we keep seeing big coins and big exchanges dropping like flies then I think there is a big chance we could see yet another collapse next year, however even if that is a possibility I think the price is already very attractive and if possible we need to take advantage of it already.

Yeah, but as far as exchanges really dropping? we haven't seen this in the last bear market, not that I'm aware of. It's more of the project going dead like the ICO and others doing the 2018 meltdown up to 2020 Covid-19 pandemic.

But this time it was very different, Terra Luna and then FTX, that's two of the biggest factor that really put a damper on the market that we have never seen before.

As a result, billions is lost in just a day, investors selling off as a result of this.

Exchanges dropping? It ended already. The only problem now are people being scared of what happened. The market quite stabilized already from the incident. Even before the issue of FYX, the market already was dumped by factors such as economic crisis and such. LUNA case is another story I think because the team behind the project itself were the ones at fault, in comparison with factors which affected the market downfall. But at the end of the day, we just cannot predict what will happen in this market, generally. There'd be a day wherein issue will arise same thing with bullish runs wherein news arise which hypes up investors towards the market.

[Semar Mesem]

If we have assets with large values, of course we are always worried when we see prices, I suggest making bitcoin an alternative investment and never make it as a main investment, if the price drops like this it certainly makes us stress, limit the bitcoin balance so that it makes us enjoy enjoy life.

[Jating]

If we have assets with large values, of course we are always worried when we see prices, I suggest making bitcoin an alternative investment and never make it as a main investment, if the price drops like this it certainly makes us stress, limit the bitcoin balance so that it makes us enjoy enjoy life.

But bitcoin is already one of the biggest assets right now and will be in the future, so I will disagree to make him as a alternative investment. If there is, it should be the altcoin market, (hence alternative coin).

The thing is that there are investors that just put their hands on the proverbial cookie jar, and then when they are caught they don't know how to react.

Bitcoin again is the best asset, we just have to be mentally tough and hold and accumulate when they are cheap, specially in the bear market.

[Maidak]

If we have assets with large values, of course we are always worried when we see prices, I suggest making bitcoin an alternative investment and never make it as a main investment, if the price drops like this it certainly makes us stress, limit the bitcoin balance so that it makes us enjoy enjoy life.

But bitcoin is already one of the biggest assets right now and will be in the future, so I will disagree to make him as a alternative investment. If there is, it should be the altcoin market, (hence alternative coin).

The thing is that there are investors that just put their hands on the proverbial cookie jar, and then when they are caught they don't know how to react.

Bitcoin again is the best asset, we just have to be mentally tough and hold and accumulate when they are cheap, specially in the bear market.

As far as I understand what he means, bitcoin is not the main investment which means we need to diversify our investments. Diversify not with altcoins but with asset diversification in gold or real estate. There is no such thing as an absolute safe investment, so you need to divide your eggs into several baskets.

Bitcoin is not the best asset but the one that gives the biggest return and we should take advantage of the drop to accumulate it as much as we can.

[bestcoins1]

If we have assets with large values, of course we are always worried when we see prices, I suggest making bitcoin an alternative investment and never make it as a main investment, if the price drops like this it certainly makes us stress, limit the bitcoin balance so that it makes us enjoy enjoy life.

Your suggestion makes me a little confused, because if you tell other people to make Bitcoin an alternative investment, then I don't think there is a better coin or other cryptocurrency to invest at this time. Because you can see for yourself in the market when Bitcoin experiences a price drop, almost all altcoins also experience the same thing and are even worse than Bitcoin so there is no other choice that is better than Bitcoin.

[Dickiy]

If we have assets with large values, of course we are always worried when we see prices, I suggest making bitcoin an alternative investment and never make it as a main investment, if the price drops like this it certainly makes us stress, limit the bitcoin balance so that it makes us enjoy enjoy life.

Your suggestion makes me a little confused, because if you tell other people to make Bitcoin an alternative investment, then I don't think there is a better coin or other cryptocurrency to invest at this time. Because you can see for yourself in the market when Bitcoin experiences a price drop, almost all altcoins also experience the same thing and are even worse than Bitcoin so there is no other choice that is better than Bitcoin.

My understanding is that he explained the strategy in the current market is not good because of the global economic situation. That is, it is not recommended to keep your investment funds (money) in Bitcoin completely, given the uncertain conditions for the next few months.
I know Bitcoin is a very promising asset for the future, therefore we must share our investment funds (not Altcoins), such as to the industrial sector, or company stocks that can provide passive income every month/year so we can buy more Bitcoins every time we get dividends or capital gains.

Isn't that better for an investor?

[DudeAtWork420]

everythings looks perfect right now. I think this was necessary to get rid of those moon boy and scam project that was already creating liquidity gap for their mismanagement of uses funds. There are few more centralized entity that should be washed up for the greater good of BTC and decentralization. I am certain that we will get a better price action in BTC if those institutions back off.

[RealMalatesta]

As far as I understand what he means, bitcoin is not the main investment which means we need to diversify our investments. Diversify not with altcoins but with asset diversification in gold or real estate. There is no such thing as an absolute safe investment, so you need to divide your eggs into several baskets.

Bitcoin is not the best asset but the one that gives the biggest return and we should take advantage of the drop to accumulate it as much as we can.

That is not a terrible idea, I will not use it but I wouldn't be against people who use it neither. I feel like there is a good chance you could make a profit if you keep investing into multiple different sources of assets. There are a million different ways you could use your money and if you do have that much money then you could do it.

I believe that it's better to just buy bitcoin and a few others for a smaller amount, and that's my personal one, and I agree that not many people could possibly see that, but if you invest and diversify, that's not a bad idea neither and I feel like it should be quite entertaining if you know what you are doing.

[Lubang Bawah]

everythings looks perfect right now. I think this was necessary to get rid of those moon boy and scam project that was already creating liquidity gap for their mismanagement of uses funds. There are few more centralized entity that should be washed up for the greater good of BTC and decentralization. I am certain that we will get a better price action in BTC if those institutions back off.

The biggest issue at this time is a centralized project, of course this is contrary to the concept of decentralization, the best solution to get out of many problems at this time is to immediately make a strict regulation from the manufacture of projects to exchanges, because the biggest factor that makes the reputation of cryptocurrencies destroyed is a scam project is scam projects .

[_BlackStar]

The biggest issue at this time is a centralized project, of course this is contrary to the concept of decentralization, the best solution to get out of many problems at this time is to immediately make a strict regulation from the manufacture of projects to exchanges, because the biggest factor that makes the reputation of cryptocurrencies destroyed is a scam project is scam projects.

Regardless of all cases that befall cryptocurrency, you can rest assured that you and each user are primarily responsible for your own funds and wallet security. It doesn't matter how many centralization projects have stalled, failures everywhere, but one thing is clear it won't hurt the reputation of fully decentralized bitcoin. You can't trust something centralized as much as you trust bitcoin, the reason is very clear.

[Ani1985]

Something good will surely happen in the future, since the bear season is still flowing in the market for those that missed it to use this bear period to buy and hold for bull market to come before they can sell. Many researchers has predicted that the price of Bitcoin will surely make a massive move in this month of November, which there are some signs in the crypto market that, show that bull season is very close to bitcoiners to enjoy in the community. If you are still waiting for Bitcoin price to decrease more than $20k in this month of November before you can buy, I guess, you will miss the opportunity because the price is preparing to increase higher for both traders and investors to experience bull market.

Bitcoin price don't have a specific time of decrement and increment from my perspective, the way i have seen Bitcoin this year of 2022, it was totally under struggle, many people have loose this year because of continuous bearish market in the market, so even this remaining months November and December Bitcoin can not accelerate, but some people have been making some emphasis that Bitcoin price will continue to rise.

Usually in November or December every year the price always rises, but in November 2022 it makes us have to be patient because the market continues to decline, of course we never think that the market is too fast to drop and if we count the decline of more than 75% compared to the price of ATH in the year 2021.

[BitDane]

everythings looks perfect right now. I think this was necessary to get rid of those moon boy and scam project that was already creating liquidity gap for their mismanagement of uses funds. There are few more centralized entity that should be washed up for the greater good of BTC and decentralization. I am certain that we will get a better price action in BTC if those institutions back off.

From the buyers end, it really looks perfect right now because buyers will be able to buy Bitcoin at a discounted price.  But for those who had bought Bitcoin during the peak, it isn't looking good.  Aside from that the current fiasco of FTX somehow greatly affected the recovering market and make it to dip even more.  We have not been through the FUD effect of FTX and now another centralized service filing for chapter 11 bankruptcy protection after announcing that the company BlockFi is already bankrupt.

[Dave1]

everythings looks perfect right now. I think this was necessary to get rid of those moon boy and scam project that was already creating liquidity gap for their mismanagement of uses funds. There are few more centralized entity that should be washed up for the greater good of BTC and decentralization. I am certain that we will get a better price action in BTC if those institutions back off.

From the buyers end, it really looks perfect right now because buyers will be able to buy Bitcoin at a discounted price.  But for those who had bought Bitcoin during the peak, it isn't looking good.  

I think that's one beauty of this market, you can buy at a discounted, but there are those who get it on top. And so for those who bought at the top or at least $20k+ will learn how to become patience. The same with those who purchase it at cheap, they should wait for the right time to sell to get bigger profits. Just don't be greedy and we are all set to go next bull run.

Aside from that the current fiasco of FTX somehow greatly affected the recovering market and make it to dip even more.  We have not been through the FUD effect of FTX and now another centralized service filing for chapter 11 bankruptcy protection after announcing that the company BlockFi is already bankrupt.

Facts, we are directly affected by those drama, like the FTX, but you can see, somewhat bitcoin is the collateral damage for the fiasco that SBF has brought to us.

[tygeade]

everythings looks perfect right now. I think this was necessary to get rid of those moon boy and scam project that was already creating liquidity gap for their mismanagement of uses funds. There are few more centralized entity that should be washed up for the greater good of BTC and decentralization. I am certain that we will get a better price action in BTC if those institutions back off.

From the buyers end, it really looks perfect right now because buyers will be able to buy Bitcoin at a discounted price.  But for those who had bought Bitcoin during the peak, it isn't looking good.  

I think that's one beauty of this market, you can buy at a discounted, but there are those who get it on top. And so for those who bought at the top or at least $20k+ will learn how to become patience. The same with those who purchase it at cheap, they should wait for the right time to sell to get bigger profits. Just don't be greedy and we are all set to go next bull run.

I would guess that having anything 10x or more is enough, people should always learn that. If you bought right now, and the price goes above 150k, then put a stop loss order at 150k and just get out. That means even if the price reaches 300k, you could always have a good way of getting out, just keep increasing it 10k by 10k when it goes up with 25k+ difference.

This means, the moment price reaches 150k you put stop loss there, then when it reaches 185k you put it on 160k and when it reaches 195k you put it at 170k and so forth and so forth. That is how you make sure that you are always in profit and you are never too greedy so you can't lose all of your money at all.

[South Park]

everythings looks perfect right now. I think this was necessary to get rid of those moon boy and scam project that was already creating liquidity gap for their mismanagement of uses funds. There are few more centralized entity that should be washed up for the greater good of BTC and decentralization. I am certain that we will get a better price action in BTC if those institutions back off.

From the buyers end, it really looks perfect right now because buyers will be able to buy Bitcoin at a discounted price.  But for those who had bought Bitcoin during the peak, it isn't looking good.  Aside from that the current fiasco of FTX somehow greatly affected the recovering market and make it to dip even more.  We have not been through the FUD effect of FTX and now another centralized service filing for chapter 11 bankruptcy protection after announcing that the company BlockFi is already bankrupt.

This shows the FTX fiasco will not go away so easily, now the price does not seem to have suffered too much due to the bankruptcy of BlockFi, but this once again raises the question, what other companies are out there that are in terrible shape and that are just holding on and could go bankrupt at any moment? So it is not surprising that people are not happy with what it is happening as it seems this is a process that could continue for months.

[GeorgeJohn]

Something good will surely happen in the future, since the bear season is still flowing in the market for those that missed it to use this bear period to buy and hold for bull market to come before they can sell. Many researchers has predicted that the price of Bitcoin will surely make a massive move in this month of November, which there are some signs in the crypto market that, show that bull season is very close to bitcoiners to enjoy in the community. If you are still waiting for Bitcoin price to decrease more than $20k in this month of November before you can buy, I guess, you will miss the opportunity because the price is preparing to increase higher for both traders and investors to experience bull market.

Bitcoin price don't have a specific time of decrement and increment from my perspective, the way i have seen Bitcoin this year of 2022, it was totally under struggle, many people have loose this year because of continuous bearish market in the market, so even this remaining months November and December Bitcoin can not accelerate, but some people have been making some emphasis that Bitcoin price will continue to rise.

Usually in November or December every year the price always rises, but in November 2022 it makes us have to be patient because the market continues to decline, of course we never think that the market is too fast to drop and if we count the decline of more than 75% compared to the price of ATH in the year 2021.

That's misconception and believe of people, because it's not systematic or been assured that such will be repeating itself every year, they might be occurrence of Bitcoin price been increased in same months in three consecutive time's, that doesn't mean that, it's stable or stagnant. So their is every tendency of reoccurrence of month change in Bitcoin price, because the major objectives that causes Bitcoin increment is been determined by the ratio of the investors purchasing large quantities of Bitcoin.

[bitterguy28]

If we have assets with large values, of course we are always worried when we see prices, I suggest making bitcoin an alternative investment and never make it as a main investment, if the price drops like this it certainly makes us stress, limit the bitcoin balance so that it makes us enjoy enjoy life.

what do you mean by that? that we rather choose shitcoin as main investment than Bitcoin?

are you telling us that we must not trust bitcoin that big as how we will treat  altcoins?


this is why you continue as bounty hunter because you trust bitcoin less than shitcoins.

everythings looks perfect right now. I think this was necessary to get rid of those moon boy and scam project that was already creating liquidity gap for their mismanagement of uses funds. There are few more centralized entity that should be washed up for the greater good of BTC and decentralization. I am certain that we will get a better price action in BTC if those institutions back off.

The biggest issue at this time is a centralized project, of course this is contrary to the concept of decentralization, the best solution to get out of many problems at this time is to immediately make a strict regulation from the manufacture of projects to exchanges, because the biggest factor that makes the reputation of cryptocurrencies destroyed is a scam project is scam projects .

who will implement that? is there agencies that will take place to make this happen

[Sebas.tian]

The recent tremendous bullish momentum BTC experienced has really given many persons some relieve, cause the strength it gained at about $20600 above was something we didn't look out for within the very week it did, based on how the previous months has been nothing short of a rough epileptic and boring time for BTC price ranging around $19,000 which drastically affect many other coins values especially when it hitted $17,600 sometime ago.

Analysing the BTC price some days ago on the daily chart in reconciliation to the bull momentum it enjoyed within the past few days and still fluctuating around $20300 and $20600 the past few days, for many persons, the impression of buying long wouldn't be a bad idea as BTC value could hit at $22,400 presumably above by January or February  2023 based on personal speculations.
What do you think? Do you also see the BTC  promising price future am seeing irrespective of the great role volatility  plays in the market, and shouldn't be undermined as price can go south at any seconds or am I just the only one seeing it.

Yes, Bitcoin price will definitely increase higher more than $22,400 in January because there are some signs investors and traders are experiencing from the market price for them to believe 2023 will be a better year for investors and traders that are still holding their bitcoins. Many people has discovered it, that the price of Bitcoin will not remain low next year than to use this period to buy and hold so that they will not regret when the price finally increase higher soon. I think, bullish market is very close for both long term investors and short term investors to smile again.

[Lambe Ndumble]

Surely sad to see the current market situation, prices continue to decline and make us have to think realistically to make bitcoin a long -term investment, I'm sure 2 years Bitcoin will rise, maybe in the near future or 2023 there will be a big shock but if if It has happened repeatedly so I'm sure the investor will not be too panicked as it is today.