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Author Topic: Market is about to pump  (Read 678 times)
Natalim
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November 16, 2022, 09:51:59 PM
 #61

It was been known to us OP that the market is about to pump but to ask when? That is absolutely nobody knows. People are expecting it after halving and it was based on the previous bull season. Of course, I believe in a such thing because I've experienced it as well.
Yes, we still see a few pumps of price in the market today, and yet, not exactly the time to say it will continue to rise. It was just normal market interactions and that is what we called volatility.

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November 17, 2022, 04:23:43 AM
 #62


I also think that the bitcoin price will not get any pumps shortly.
But even so, bitcoin will still be ups and downs so we can use it to buy and sell at low and high prices.
We can make it as a way to make a profit but it requires more analysis to get the right time to buy and sell.
And you have made a good decision to become a long term btc holder in this situation and I also suggest the same for those who want to invest in bitcoin.
I still think that before the growth phase, the new bull market, there will be another final dump, quite a significant one, when it happens and what will precede it is difficult to say, but I think it will not be long to wait. In any case, if you buy bitcoin for long-term investment, then even the current price is good for this, and if you rely on a fall, you can always buy more at a lower price.
There will always be a growth phase, whether a decline or an increase, so that will make the price go up and down more often.
We have seen what happened yesterday.
After a decline, the price increased again and this has been happening.
But there will be a correction period to come so that lets us use it to buy more at a lower price.
And times like those are also great buys for people looking to use bitcoin as a long-term investment.

The correction phase is the thing that each investors needed to follow. If you managed to understand the flow, then the chance
of a making a good amount of profits is possible.

It's not an easy task and needs to have lots of knowledge to assess and anticipate the
next market run, you need keep following the news and how impacted it is when
it's been released.
It is not an easy task and for that, we must continue to learn to find as much news as we can use as comparison material and that will certainly be useful for us.
Some traders are often not ready for the correction phase, so they panic and lose concentration to keep analyzing.
This usually happens when the market suddenly moves in the opposite direction while we gather outside news.
We have to understand the time to enter and exit the market so that we can decide and even if we are a little late, it will be okay because the decisions we make are based on the information we get.

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November 17, 2022, 05:11:50 AM
 #63

Market conditions bad now. I think, Many investors losted Their money. I hope crypto Will pump very closer on 2023.
If this exchanges drama ends now, then it is possible that we will see recovery in the market. As DXY is dropping which is positive for crypto market

However, now is a good time to buy potential altcoins during the market decline
Sure! But stay away from sam's coins

You are absolutely right that we need to stay away from Sam's coins because  their recovery won't be so easy . The current bear market is an excellent opportunity to accumulate  Bitcoin and Ethereum  as both are fundamentally very strong coins. Though current bearish phase seems very severe & we have witnessed consecutive collapse of many big projects like LUNA & FTX but it will definitely end & we will see new ATH of Bitcoin & Ethereum in future.









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November 17, 2022, 06:12:25 AM
 #64

It was been known to us OP that the market is about to pump but to ask when? That is absolutely nobody knows. People are expecting it after halving and it was based on the previous bull season. Of course, I believe in a such thing because I've experienced it as well.
Yes, we still see a few pumps of price in the market today, and yet, not exactly the time to say it will continue to rise. It was just normal market interactions and that is what we called volatility.

Judging from the current encryption trend, it will continue to be in a downturn, and it is unlikely to rise. Bitcoin price increases are most likely to occur during the block halving period. We seize this opportunity to continue to accumulate, and we will profit when the next bull market comes.
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November 17, 2022, 06:46:54 AM
 #65

Quote
Amazon busted -95% at Dotcom bubble 2000
Amazon went up 60000% following 20 years.

This one right here is a great example that nothing is impossible and it can explode no matter how long will it take. It's all about thinking long term and holding on to it. However, that is not always the case though because in the world of cryptocurrency, you cannot really predict very well. Anything could happen whether if it goes crashing without warning.

No guarantees either if the market is about to pump. Same thing goes if we're talking about the "bottom".

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November 17, 2022, 09:17:36 AM
 #66

Quote
Amazon busted -95% at Dotcom bubble 2000
Amazon went up 60000% following 20 years.

This one right here is a great example that nothing is impossible and it can explode no matter how long will it take. It's all about thinking long term and holding on to it. However, that is not always the case though because in the world of cryptocurrency, you cannot really predict very well. Anything could happen whether if it goes crashing without warning.

No guarantees either if the market is about to pump. Same thing goes if we're talking about the "bottom".

People were saying that nobody will use the internet for buying things, but 20 years later people are buying stuff online more and more. Internet, cars, and some other things had the same beginning, people couldn't accept there's something revolutionary is happening, and no matter how strongly you are holding to "old is better and more trusted" sooner or later you will be run over. I think that the same thing is happening with crypto, it will take time for adoption on some higher scales, but that is coming. Like you I am not sure that we can predict the bottom, the prices can drop more... and who knows when the market will get some boost, probably after the next halving. I am trying to not even think about that stuff anymore, simply holding and waiting will pay off eventually.

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November 17, 2022, 10:32:33 AM
 #67

Owning crypto is like having your own money factory. And if you're smart enough, you'll quickly realize that money doesn't just flow. Of course, it's natural to be concerned about the performance of the money you invest. But as a crypto trader, you shouldn't let your emotions overwhelm you. Cryptocurrencies and blockchain technology will remain. Think back to when people doubted that bitcoin was down and what did you think of when the market recovered?

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November 17, 2022, 01:00:44 PM
 #68

It was been known to us OP that the market is about to pump but to ask when? That is absolutely nobody knows. People are expecting it after halving and it was based on the previous bull season. Of course, I believe in a such thing because I've experienced it as well.
Yes, we still see a few pumps of price in the market today, and yet, not exactly the time to say it will continue to rise. It was just normal market interactions and that is what we called volatility.

Judging from the current encryption trend, it will continue to be in a downturn, and it is unlikely to rise. Bitcoin price increases are most likely to occur during the block halving period. We seize this opportunity to continue to accumulate, and we will profit when the next bull market comes.

Dumps are really inevitable and that is why we should always be prepared rather than get surprised.
So, instead of focusing on checking the market trend daily, we'd rather make use of the time to buy more and make it ready for Bullrun. We know we can't do anything with the current situation aside from holding and avoiding panic selling as this will help the price not to dump more.

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November 17, 2022, 02:00:31 PM
 #69

Market conditions bad now. I think, Many investors losted Their money. I hope crypto Will pump very closer on 2023.
If this exchanges drama ends now, then it is possible that we will see recovery in the market. As DXY is dropping which is positive for crypto market

However, now is a good time to buy potential altcoins during the market decline
Sure! But stay away from sam's coins

You are absolutely right that we need to stay away from Sam's coins because  their recovery won't be so easy . The current bear market is an excellent opportunity to accumulate  Bitcoin and Ethereum  as both are fundamentally very strong coins. Though current bearish phase seems very severe & we have witnessed consecutive collapse of many big projects like LUNA & FTX but it will definitely end & we will see new ATH of Bitcoin & Ethereum in future.

Are you talking about projects that SBF and Alameda have invested in?  they have invested a lot in different projects, it can be said that the top projects on CMC all have their investment. But I agree with you that no matter what coin SBF has invested in, in the current situation stay away from all altcoins, focus on bitcoin and maybe ETH as 2nd choice. The bear market is not over yet and we are a long way from halving and it is impossible to know which coins will crash next, so stay away from all altcoins.

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November 18, 2022, 08:46:52 PM
 #70

People were saying that nobody will use the internet for buying things, but 20 years later people are buying stuff online more and more. Internet, cars, and some other things had the same beginning, people couldn't accept there's something revolutionary is happening, and no matter how strongly you are holding to "old is better and more trusted" sooner or later you will be run over. I think that the same thing is happening with crypto, it will take time for adoption on some higher scales, but that is coming. Like you I am not sure that we can predict the bottom, the prices can drop more... and who knows when the market will get some boost, probably after the next halving. I am trying to not even think about that stuff anymore, simply holding and waiting will pay off eventually.
I agree that bitcoin will definitely grow, but we are above that "nobody will buy things online" stage already, it’s not at a point where it is doing that great or terrible, it doing alright for now. That is why I believe that we should be hopeful about the future of bitcoin too but we are not at that low level, we are above that already.

This means we will grow, and grow a lot in the next 20 years, but maybe not that much. I am sensing by 2030 we will be 500k by 2030, and by 2040 it could be 1-1.5 million dollars, because above that it would be quite difficult. Not that it’s impossible, but would require a high amount of inflation again and again.

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November 18, 2022, 11:10:24 PM
 #71

People were saying that nobody will use the internet for buying things, but 20 years later people are buying stuff online more and more. Internet, cars, and some other things had the same beginning, people couldn't accept there's something revolutionary is happening, and no matter how strongly you are holding to "old is better and more trusted" sooner or later you will be run over. I think that the same thing is happening with crypto, it will take time for adoption on some higher scales, but that is coming. Like you I am not sure that we can predict the bottom, the prices can drop more... and who knows when the market will get some boost, probably after the next halving. I am trying to not even think about that stuff anymore, simply holding and waiting will pay off eventually.
I agree that bitcoin will definitely grow, but we are above that "nobody will buy things online" stage already, it’s not at a point where it is doing that great or terrible, it doing alright for now. That is why I believe that we should be hopeful about the future of bitcoin too but we are not at that low level, we are above that already.

This means we will grow, and grow a lot in the next 20 years, but maybe not that much. I am sensing by 2030 we will be 500k by 2030, and by 2040 it could be 1-1.5 million dollars, because above that it would be quite difficult. Not that it’s impossible, but would require a high amount of inflation again and again.
Long term predictions can be quite difficult, we know that bitcoin is going to reevaluate itself against fiat over and over again, but we do not know how bad the economy will do during that time, for example even if the inflation has been high since the pandemic ended at the same time the economy has not been in as poor of a shape as I thought it would be, however if at some point governments lose control of the economy and we face a scenario of hyperinflation then the price of bitcoin could surpass our expectations about its value by a significant margin.
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November 19, 2022, 07:39:50 AM
 #72

In the current state of Bitcoin, the possibility of a pump is very unlikely.  But if you hold on, there is a possibility of getting it. If you know how to invest, then definitely pump.  You invest in a token that has a manager and many others.  And besides, of course, you need to know about kipte well and understand trade well, only then you can be successful before you can't be successful.
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November 19, 2022, 07:42:06 PM
 #73

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.

I agree, we haven't touched 2023 which is predicted to be darker than the crises that have already occurred.
The fear of a recession is causing investors to withdraw their money from the stock exchange. Also, Bitcoin has the potential to touch 11k - 9k according to CME's Bitcoin Future analysis.

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.

Incidents like this cause market injury that cause deep trauma for investors. it will take quite a long time to heal confidence in the market.


I think 2023 will be a long Side Way for Bitcoin. Is it an opportunity?
Yes, we have to start preparing an investment strategy to accumulate bitcoins in our wallets.
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November 20, 2022, 12:46:15 PM
 #74

People were saying that nobody will use the internet for buying things, but 20 years later people are buying stuff online more and more. Internet, cars, and some other things had the same beginning, people couldn't accept there's something revolutionary is happening, and no matter how strongly you are holding to "old is better and more trusted" sooner or later you will be run over. I think that the same thing is happening with crypto, it will take time for adoption on some higher scales, but that is coming. Like you I am not sure that we can predict the bottom, the prices can drop more... and who knows when the market will get some boost, probably after the next halving. I am trying to not even think about that stuff anymore, simply holding and waiting will pay off eventually.
I agree that bitcoin will definitely grow, but we are above that "nobody will buy things online" stage already, it’s not at a point where it is doing that great or terrible, it doing alright for now. That is why I believe that we should be hopeful about the future of bitcoin too but we are not at that low level, we are above that already.

This means we will grow, and grow a lot in the next 20 years, but maybe not that much. I am sensing by 2030 we will be 500k by 2030, and by 2040 it could be 1-1.5 million dollars, because above that it would be quite difficult. Not that it’s impossible, but would require a high amount of inflation again and again.
Long term predictions can be quite difficult, we know that bitcoin is going to reevaluate itself against fiat over and over again, but we do not know how bad the economy will do during that time, for example even if the inflation has been high since the pandemic ended at the same time the economy has not been in as poor of a shape as I thought it would be, however if at some point governments lose control of the economy and we face a scenario of hyperinflation then the price of bitcoin could surpass our expectations about its value by a significant margin.

The market condition is still unsure. Just remember that volatility is still the big factor when investing if you understand the advantage and you know how to work with your investment.

Not an easy task as there are many factors that will move the market on the side that we
are not sure will favor your position, but be patience and wait till it reaches your target, that's
the best thing to do for now.
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November 20, 2022, 10:19:40 PM
 #75

Crypto market must be pumped. The bearish condition of the current crypto market is also much better than the pumping condition of the crypto market 5 to 10 years ago. That is, those who invested in crypto 5-10 years ago will also have a lot of profit in the current bear market. Exactly the same situation will be in crypto market after 5-10 years. Those who invest now in crypto will surely grow their portfolio after 5-10 years.
Now the best tactic is to continue to strengthen portfolio with a top cryptocurrency.Only the patient ones will get a good profit in a year or two.During this period,the market should be cleared of various dubious projects,of which there have been a lot over the past few years.

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November 20, 2022, 11:28:36 PM
 #76

seeing the current condition of cryptocurrencies in general basically having two crashes within short amount of time, bullish run is the last thing that's definitely gonna come.
if you already make some accumulation, best course of action is definitely just to wait it out until the circumstances changes in term of the current trend, maybe the next bullrun could come in 2024 and that's like already good enough if the bullrun really comes.

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November 21, 2022, 05:16:06 AM
Last edit: November 21, 2022, 07:56:51 AM by Sayeds56
 #77

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 agree with you, market needs time to price in the sudden and unexpected collapse of FTX which I think has not happened yet. Bitcoin is consecutively making red candles on weekly chart & it even broke 16K this morning & fell down to 15,888. In such depressive situation no pump is likely to happen in the short term unless we hear some good news about inflation which will be good for all financial markets including crypto. In the meanwhile we should take advantage of this opportunity & continue accumulating good coins.









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November 21, 2022, 10:28:15 PM
 #78

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 agree with you, market needs time to price in the sudden and unexpected collapse of FTX which I think has not happened yet. Bitcoin is consecutively making red candles on weekly chart & it even broke 16K this morning & fell down to 15,888. In such depressive situation no pump is likely to happen in the short term unless we hear some good news about inflation which will be good for all financial markets including crypto. In the meanwhile we should take advantage of this opportunity & continue accumulating good coins.
When we make predictions it is important to not let our personal feelings cloud or judgment, I think that given the circumstances many people and I include myself there would like for the price to recover even if a little bit during the next days, but we need to face the reality and accept this will not happen, people are still in a state of panic and there are a lot of rumors circulating about the possibility of other exchanges having problems since the fall of FTX, and until people calm down there is no hope at all for a pump to happen.
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November 22, 2022, 04:24:25 AM
 #79

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 agree with you, market needs time to price in the sudden and unexpected collapse of FTX which I think has not happened yet. Bitcoin is consecutively making red candles on weekly chart & it even broke 16K this morning & fell down to 15,888. In such depressive situation no pump is likely to happen in the short term unless we hear some good news about inflation which will be good for all financial markets including crypto. In the meanwhile we should take advantage of this opportunity & continue accumulating good coins.
When we make predictions it is important to not let our personal feelings cloud or judgment, I think that given the circumstances many people and I include myself there would like for the price to recover even if a little bit during the next days, but we need to face the reality and accept this will not happen, people are still in a state of panic and there are a lot of rumors circulating about the possibility of other exchanges having problems since the fall of FTX, and until people calm down there is no hope at all for a pump to happen.
sometimes it seems as if we are forcing our feelings, with too much confidence, we should also be able to think logically, so that in investing according to the strategy that has been made and applying diversification. let's say we never know when a pump will occur, but the bullish season will definitely come, and of course we already have assets that one day can be harvested, that way we don't worry too much about news that isn't necessarily clear.

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November 23, 2022, 07:45:56 AM
 #80

Well the market may be about to dump but still I absolutely think now is a good time to invest in Bitcoin. The market is down right now and if you have the extra fiat I think it's a very sound investment.

Bitcoin has always had corrections but afterwards it consistently rebounds and reaches new highs year after year. I would just say be patient with your hold because BTC will inevitably hit 100k , it's just hard to say if it will be in 2023.


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