Famous Grouse (OP)
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November 10, 2022, 04:39:46 AM |
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My Words to you Dear Crypto Trader/Investors If you missed the dotcom bubble of 2000, this crypto bubble is your chance now. At early stage 2020, every defi projects went thousands of percentages pump; I was amongst the first to encourage users to engage on Uniswap and we made so much money then. It is because of hypes/FOMO. Most of Crypto traders have no idea what was going on. Bear market has now taken them down 90-99% now. From now, they will grow by fundamentals. Real investors need to understand how those projects/companies work ( Business model/revenue/ earning/ active users ...). In the end, you will see the next amazon. Amazon busted -95% at Dotcom bubble 2000 Amazon went up 60000% following 20 years. If you are really serious for this, now is good time to start your crypto investment firm. I believe everything will be quite different in the next 5-10 years. Imagine you stand here like someone was at Dotcom bubble 2000. Simply put: Crypto is Dotcom Bubble 2.0 repeating after 20 years. Biggest reset in macro cycle for Crypto is set in 2022-2023 Hype period is over. Growth speculators is over!! Now many need to learn how Value Investing in new cycle. When we talk about Value investing ?? We talking about ( Business models/revenue/ earning/ active users ...) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) .Never been more long term bullish on crypto/NFT tech. The future is ALMOST upon us !!.. Cheers and stay plugged in so much money to be made this Nov/Dec even 2023 and beyond !!
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TheGreatPython
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November 11, 2022, 07:04:32 PM |
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Amazon example is a great one, people forget about what followed after the bubble, and that’s the sad part. They talk about how much the prices dropped during that time and how bubble made a lot of people lose money, but they do not talk about how many companies survived that period and then became huge.
If you invested into Amazon 20 years ago when the dotcom bubble happened, that would mean you would be pretty rich person today, even as a kid if you found 100 bucks and invested into it, you would buy a luxury house and car with that, so it’s such an easy thing to buy something when it's low. Crypto is low now, bitcoin is under 17k, if you buy now, in 20 years you will be able to buy anything you want with this too.
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Myrzapb
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November 11, 2022, 07:41:58 PM |
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The crypto industry keeps losing trust ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) , a 3rd black swan event who would've guessed? It's not about to pump at all, it will get worse for the short term we haven't bottomed yet. Looking at the mid term it's not bad, we'll definitely be standing in a higher level than this in the next couple of months.
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btc_angela
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November 11, 2022, 08:35:34 PM |
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I think the title is misleading, there is no pump this year or the next year. Most likely the pump will happen in 2024 or after the bitcoin block halving. As for the analogy that the OP has posted, I guess the lesson is to buy cheap crypto right now, but you don't have to wait like 20 years to see a good gain. Right now is the right time to buy as we are in a bear market, the prices is so cheap that you can fill up your wallets, as many as you can and then wait till the next bull run. We might see massive gains that can be comparable to the dotcom profits.
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Ziskinberg
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November 11, 2022, 09:17:19 PM |
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I think the title is misleading, there is no pump this year or the next year. Most likely the pump will happen in 2024 or after the bitcoin block halving. As for the analogy that the OP has posted, I guess the lesson is to buy cheap crypto right now, but you don't have to wait like 20 years to see a good gain. Right now is the right time to buy as we are in a bear market, the prices is so cheap that you can fill up your wallets, as many as you can and then wait till the next bull run. We might see massive gains that can be comparable to the dotcom profits.
OP is not talking that the market will pump this year - he is stated soon 5 to 10 years. Might he is right about it and we have to anticipate that if we wanted to earn more from investing in crypto then make it start buying them while the price is cheap for this will change sooner. Yes, halving will come by 2024 as predicted and expect a price rally after that. Therefore, there is still a lot of time to prepare before that moment and we don't have to miss this chance as this won't stay like this even next year. But of course, you should choose the right coins for investment as this also matter and affect the results.
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crzy
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November 11, 2022, 09:21:49 PM |
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Once we reached the bottom, it will retrace easily and we might start to see the uptrend. For now, we have to wait for this and many speculation tells that Bitcoin will hit its worst bottom for this year, $13k is their analysis and that’s a crucial point but I’m still optimistic that whales will catch Bitcoin on that level. The future is still good though, you just need to play safe for now and wait for the right timing.
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Baofeng
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November 11, 2022, 10:57:58 PM |
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I guess it's not secret that the crypto could be term as bubble, but in a different sense, I mean after the burst, it will go on a long winter a bear market wherein all prices goes down hard at -70% minimum.
The dot com bubble wasn't able to recover, crypto market does, in a cycle, every 4 years and that is the big difference here.
So if there will be a pump or a bull run, it will definitely happen in 2024-2025. We just have to seized this opportunity right now to accumulate for the next bull run.
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Kavelj22
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November 11, 2022, 11:03:15 PM Last edit: November 13, 2022, 09:45:24 PM by Kavelj22 |
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Once we reached the bottom, it will retrace easily and we might start to see the uptrend. For now, we have to wait for this and many speculation tells that Bitcoin will hit its worst bottom for this year, $13k is their analysis and that’s a crucial point but I’m still optimistic that whales will catch Bitcoin on that level. The future is still good though, you just need to play safe for now and wait for the right timing.
Apparently the recovery period is not soon to come. The crypto market is currently losing a large part of its position in the market in an unprecedented situation. It was never expected that prices would go down to this extent, and everyone was waiting for an important rise period until the beginning of the new year, but what happened with FTX carried with it completely unexpected repercussions.
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zonefloor
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November 11, 2022, 11:07:31 PM |
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I think the title is misleading, there is no pump this year or the next year. Most likely the pump will happen in 2024 or after the bitcoin block halving. As for the analogy that the OP has posted, I guess the lesson is to buy cheap crypto right now, but you don't have to wait like 20 years to see a good gain. Right now is the right time to buy as we are in a bear market, the prices is so cheap that you can fill up your wallets, as many as you can and then wait till the next bull run. We might see massive gains that can be comparable to the dotcom profits.
I totally agree with your comment. In my opinion, there will be no activity in the market for the next 2 years. There may be slight ups and downs. But these will be deceptive ascents. The real bear season hasn't really shown itself. Seriously bad news has started to appear in the market and this news will only get worse.
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Coin_trader
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November 11, 2022, 11:15:00 PM |
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Lmao, Im what universe you are living right now that didn’t know what's the current market condition? Where do you think those money that will pump the market came from while retail investors is scared while VC is already fucked up big time due to Luna and now FTX messed up situation.
FTX and all project that has an exposure on it will surely go publicly announced an exit following this lose. They are just quiet now but surely they will be known on following weeks since the liquidity that loss on FTX is very huge which we don't know who really benefited on it.
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Sayeds56
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stead.builders
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November 12, 2022, 02:45:54 AM |
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Lmao, Im what universe you are living right now that didn’t know what's the current market condition? Where do you think those money that will pump the market came from while retail investors is scared while VC is already fucked up big time due to Luna and now FTX messed up situation.
FTX and all project that has an exposure on it will surely go publicly announced an exit following this lose. They are just quiet now but surely they will be known on following weeks since the liquidity that loss on FTX is very huge which we don't know who really benefited on it.
I think the market is hovering around its bottom and it is likely to continue sideways for sometimes until next meeting of FED when interest rate will be announced which I think will remain unchanged because the cpi data report of oct-22 signifies that inflation is rapidly coming down and it should have initiated market recovery process, but FTX turmoil was so huge that it changed the sentiment of the market and triggered huge selling.
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danherbias07
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November 12, 2022, 02:55:19 AM |
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Yes, it's a different motto when it comes to cryptocurrencies. "What goes down must go up." Especially with Bitcoin because it was proven many times in the past decade. IMO, as an altcoin supporter, Bitcoin's rise will pull most of the altcoin up. It just needs more investors and we will be living the good life again of pumped altcoins in the market. Time to buy. The only question is where to get the funds in times like this with a downward economy.
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gunhell16
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November 12, 2022, 03:09:58 AM |
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Once we reached the bottom, it will retrace easily and we might start to see the uptrend. For now, we have to wait for this and many speculation tells that Bitcoin will hit its worst bottom for this year, $13k is their analysis and that’s a crucial point but I’m still optimistic that whales will catch Bitcoin on that level. The future is still good though, you just need to play safe for now and wait for the right timing.
As others have said that their analysis that Bitcoin's bottom price value can be around 13k$ each, for me they may be right but for me, the possible bottom of bitcoin can be between 13k$- 10k$ for sure I will not lower that 10k$. But this is only following the analysis based on what I read in the graph chart of bitcoin 1 month ago. If you look at the chart in the past month, you will notice and see that many descending triangles indicate that there will be a big fall in the price of bitcoin, we don't just expect FTX to be one of the fallers and there are other reasons why it will fall even more.
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Yamifoud
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November 12, 2022, 11:58:57 AM |
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The market will pump(soon) but not these shitcoins. Yes, I can't deny that I miss the opportunity to sell some of my coins during the last bull season as I think it rallies more. And I feel mad about it but never I feel that I lose hope because I still have the chance to invest potential coins. 2024 is projected to have the next halving and everyone is seemingly hoping this could lead to higher market demand and price increases. Investors are preparing now, I guess nobody will miss this time again.
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Yatsan
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November 12, 2022, 12:16:06 PM |
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Reverse FUD? But certainly, the market industry is a bit more noisy lately compared to previous months so there is a possibility for an upward motion. I just doubt that it will be continuous but aleast there are chances for positive signs to again be seen in this industry. With more and more people flocking to the crypto market, earning money is not as easy as it used to be. Because it is not only retail investors who are playing with you, but also investment institutions.
On my end, it was never easy to earn profit from this industry which is full of uncertainties especially when I was just new in crypto world. I had a hard time coping with strategies and how this thing works. But since I am seeking for profit, I struggled but I somehow get a good grasp of it. I've seen many dumps and pumps in this market so I think I got used of seeing these situations.
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Ayers
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November 12, 2022, 12:35:13 PM |
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Lmao, Im what universe you are living right now that didn’t know what's the current market condition? Where do you think those money that will pump the market came from while retail investors is scared while VC is already fucked up big time due to Luna and now FTX messed up situation.
FTX and all project that has an exposure on it will surely go publicly announced an exit following this lose. They are just quiet now but surely they will be known on following weeks since the liquidity that loss on FTX is very huge which we don't know who really benefited on it.
I think the market is hovering around its bottom and it is likely to continue sideways for sometimes until next meeting of FED when interest rate will be announced which I think will remain unchanged because the cpi data report of oct-22 signifies that inflation is rapidly coming down and it should have initiated market recovery process, but FTX turmoil was so huge that it changed the sentiment of the market and triggered huge selling. I agree with you that without the crash of FTX, the market would have had a significant bull run but not a sign of a true bull market. Lower-than-expected October CPI is a good thing, but let's not forget inflation remains high above 7.7%. That means that the fight against inflation is still very long, it is difficult to expect the Fed to lower interest rates soon because that is showing that their policy of raising interest rates is effective.
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o48o
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November 12, 2022, 05:10:01 PM Last edit: November 12, 2022, 10:33:04 PM by o48o |
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-cut- If you are really serious for this, now is good time to start your crypto investment firm. I believe everything will be quite different in the next 5-10 years. Imagine you stand here like someone was at Dotcom bubble 2000. -cut-
A twitter TA expert who predicted the big crypto crash, just stated that we would have reached the bottom. . When people have a recorded history of disagreeing with others and being proven right i am following what they say very closely. If i had money left i would carefully long some coins with leverage now.
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CuriousGeorge
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November 12, 2022, 10:34:24 PM |
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Mostly of pumps were coming from VCs with their shady things. im not even expecting a fast recovery for crypto. this gonna be a long term journey. It's a common thing that VC was always behind the pump. they were doing this shit to increase the capability to make profit from the market and then re invest in the garbage project again. market is not yet calling for recovery to happen and how can you sure if pump gonna be coming soon? i never think if that will be coming if we are still not yet recovering from the bottom. That means if crypto winter will always stay here even longer than what people think about that before. scumbag was destroying the trust to the crypto market like FTX and luna. fuck these shitty scam projects
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o48o
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November 12, 2022, 10:36:34 PM |
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Instead of trusting the random social media users, I prefer reading expert analysts and compare data to draw image on my mind. This is not bottom, there is a room for BTC price to drop further and my close prediction is $12k support level. In case of breaking this mentioned support price line on chart, market can even crash down below $10k,IMHO.
I don't "trust" any TA, that would be weird as it's just matter of probability, I just review their earlier data. And this guy/girl was spot on predicting the crash. I followed him before the crash as he had predicted something else. Right now i can't recall what but you can review his history as everything is transparent.
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serjent05
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November 12, 2022, 11:06:21 PM |
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Once we reached the bottom, it will retrace easily and we might start to see the uptrend. For now, we have to wait for this and many speculation tells that Bitcoin will hit its worst bottom for this year, $13k is their analysis and that’s a crucial point but I’m still optimistic that whales will catch Bitcoin on that level. The future is still good though, you just need to play safe for now and wait for the right timing.
Apparently the recovery period is not soon to come. The crypto market is currently losing a large part of its position in the market in an unprecedented situation. I agree, I think the bloodbath isn't over yet. We might see another bottom for the crypto market. The next bull run is signified by Bitcoin halving so it is more than a year away now. Instead of thinking about when will the market get pumped, why not think ways to accumulate Bitcoin and potential cryptocurrency so that when the time comes the crypto market get beefy and hyped, we will not miss out.
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