bastian466
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November 22, 2022, 03:39:21 AM |
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Things are getting worse, the crypto industry has been rocked by various scam and fraud cases that have made investor confidence drop sharply, so it's better to wait a while and see until the situation improves because you have to think again if you want to start entering. with prices dropping like this makes high emotional to buy at a discount. set goals with mature strategies to minimize risk
Things are getting worse for whom? There have always been and will be various scams, but those who have held on to Bitcoin (and some other top coins) have not made a mistake! This is not the first bad period, and what is interesting is that even in these bad days/months crypto is still working at full steam (as in previous bearish periods), so much is happening everywhere around... and sooner or later it will be reflected in the prices. So I agree with OP, the crypto market will come back bigger again, it's just a question of time. Meaning that it will have a negative impact on the market price which will fall even further if bad things continue to happen. That's my own prediction, so wait a minute if you want to start buying to hold the long term, to be honest I myself am waiting for conditions like now. not that i disagree with op talk, bad things happen, during bearish season then bull with bigger price increases reach new highs
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Natalim
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November 22, 2022, 12:35:04 PM |
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Bigger? Do you mean it will grow high and make another ATH OP? Pretty yes... Perhaps, it was just another market speculation but I believe the thing about "there is always a chance". And I think everyone is expecting a price rally someday and that is the reason why they are still here even though the situation is pretty hard.
Just keep our faith and never get too attached to the market volatility because that will save us from panic and emotional stress. And remain optimistic about it.
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Bitstar_coin
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November 22, 2022, 01:50:31 PM |
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It is during bear market you see so many doubting Thomas, many people are not so optimistic about btc coming back bigger, time will tell. I know btc is capable of coming back even stronger and bigger, there is no question about that. One thing i have come to understand is - no matter how old some people have been in this space, no matter the number of btc winter they have experience, it is still very difficult for them to stomach this type of situation. My faith is very intact, so far, and i hope to keep it this way. My desire is to detach myself from the market as much as i can (as in keeping up with price). There is no denying these are hard times, worrying over it won't change anything either, it is better to seat tight and wait for market turn around, we all need patience to get through these days.
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omone1
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November 22, 2022, 01:54:29 PM |
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It's time to learn some new skills and buy some good coins if saved during the bull run. Nothing goes up forever, a healthy correction like this will give opportunity for a more ballistic run. I hope to make 1000x atlest for about 20 projects in the next bull run and promised to take some profit and be prepared ahead for another turbulence market.
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Muba20
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November 22, 2022, 03:30:05 PM |
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There are a few differences between an experienced trader and an ordinary trader. A common difference between these is that when the market is bearish, normally traders sell their assets with loss. We believe the market will dip further and assets may fall further. But inexperienced traders buy our sold assets at that time. When the market turns from bearish to bullish, they sell it back to traders like us and profit. So every trader should remember that the market will be bullish again.
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asriloni
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November 22, 2022, 04:19:41 PM |
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Things are getting worse, the crypto industry has been rocked by various scam and fraud cases that have made investor confidence drop sharply, so it's better to wait a while and see until the situation improves because you have to think again if you want to start entering.
I doubt if people are willing to buy crypto again at this moment. Im sure that if most of them have bought crypto on the various level but the price was still dropping so hard. I meant if the bearish situation might give a golden opportunity but it can also become a boomerang for you. I can only hope that with so many incidents that already happened with make so many people realize about how important to store their money into their wallet. That being said that if people must learn never try to keep their money again in the centralized exchange site. That must be giving so many people a new way to learn from what happened based on the fact. People didn't care with their money as they were always storing their money into the centralized exchange site which is very bad
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irhact
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November 22, 2022, 09:00:53 PM |
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There are a few differences between an experienced trader and an ordinary trader. A common difference between these is that when the market is bearish, normally traders sell their assets with loss. We believe the market will dip further and assets may fall further. But inexperienced traders buy our sold assets at that time. When the market turns from bearish to bullish, they sell it back to traders like us and profit. So every trader should remember that the market will be bullish again.
Selling now could also put the ordinary trader at great advantage to buy back when the market dips further becaue, the market is very unpredictable and nobody actually knows how a market will move. We all just speculate and wait on the market to make its decision. Sometimes it favors us while other times it doesn't. It doesn't matter what decision a trader takes now but provided he/she is making profit then they're succeeding. Nobody knows how long the bear market will stay so if you're having doubt then you can sell out of the market or shift your focus to stronger investment like closing all your altcoins position and investing in Bitcoin or saving in stablecoin waiting for a perfect buying opportunity.
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Silberman
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November 22, 2022, 11:01:28 PM |
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There are a few differences between an experienced trader and an ordinary trader. A common difference between these is that when the market is bearish, normally traders sell their assets with loss. We believe the market will dip further and assets may fall further. But inexperienced traders buy our sold assets at that time. When the market turns from bearish to bullish, they sell it back to traders like us and profit. So every trader should remember that the market will be bullish again.
Selling now could also put the ordinary trader at great advantage to buy back when the market dips further becaue, the market is very unpredictable and nobody actually knows how a market will move. We all just speculate and wait on the market to make its decision. Sometimes it favors us while other times it doesn't. It doesn't matter what decision a trader takes now but provided he/she is making profit then they're succeeding. Nobody knows how long the bear market will stay so if you're having doubt then you can sell out of the market or shift your focus to stronger investment like closing all your altcoins position and investing in Bitcoin or saving in stablecoin waiting for a perfect buying opportunity. It is for the best to not try to outsmart the market in this way when it is this unstable, maybe you are right and the price begins to go down and this will allow you to buy for an even cheaper price, but when the market is so volatile I think a safer approach should be implemented, so a strategy like DCA could be very effective now as it is likely the average price at which you bought your coins is higher than the current price, and if you are constant and buy some bitcoin every week then you will obtain profits during the next bull run without too much of a problem.
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ultrloa
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November 22, 2022, 11:21:43 PM |
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Hello guys, With this ordeal going on it seems much-lost faith and bailed as if the whole market is going to vanish. This kind of thing happens more often in the stock market with inside trading, embezzlement, etc. In reality, it’s a perfect time to get in with everything dropping so low. It will come back and come back bigger than ever after this dies down and there will be improvements to hopefully prevent this from happening again. So do not lose hope and know that the bad time will inevitably pass, and you may not be able to make up for this opportunity again. Just my opinion.
This is not new sight to see since not everytime we can see all pump happening in the market and dumps like this is normal so I think we need to stay cool around then don't get panic since if we freak out then tell that the whole market will die then we cannot earn with this but rather for sure we lose our money due to fud you encounter. The only thing we need at the moment is patience since for sure there's end point on this bearish season we see at the moment.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Abiky
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November 23, 2022, 01:12:45 AM |
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What has happened recently it’s really something that it’s only in crypto with that kind of fast volatile movement. I think that’s unique to crypto markets since it is 24/7. For sure there are those type of insider trading and other stuff that you have mentioned in Cryptos, but it’s just really hard to pinpoint it.
I think when all of this is over, it’s going to be a boring again and people hopefully would get more into it again. One of the greatest time to buy it now I think.
Indeed. This is the greatest time to go all in crypto, as everything is being traded at a large discount. FUD is what has made investors wary of getting into crypto right now. But we all know crypto won't stay down in price forever. It's like a rollercoaster ride if you ask me. Sometimes crypto market prices go down at a fast pace, while other times it goes all the way to the moon. You'd just have to buy crypto when it's cheap and never sell until everything goes back up again. This is just a matter of perseverance to obtain great results with your investment. I'd just invest into Bitcoin and Ethereum for the long haul, as they're the most promising coins on the market. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Luffygroove
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November 23, 2022, 01:42:43 AM |
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I'm thinking the same thing. I mean, the cryptocurrency market is now a sizable industry. So many significant investors are getting involved. Many nations participate in it. I don't see why they would allow cryptocurrency and blockchain to simply disappear. We must remember that we shall conquer again. The cryptosphere will alter or even get better after the storm, as with many previous movements. All eyes seem to be on cryptocurrency right now after the collapse of several projects. Most likely not to invest, but it has nonetheless attracted attention and more people are aware of cryptocurrency. After all, even negative publicity is still publicity. I believe that more people will come to invest or reinvest in the future as the cryptocurrency market improves. Let's make it through until it's time.
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bittraffic
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November 23, 2022, 02:23:49 AM |
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What has happened recently it’s really something that it’s only in crypto with that kind of fast volatile movement. I think that’s unique to crypto markets since it is 24/7. For sure there are those type of insider trading and other stuff that you have mentioned in Cryptos, but it’s just really hard to pinpoint it.
I think when all of this is over, it’s going to be a boring again and people hopefully would get more into it again. One of the greatest time to buy it now I think.
Indeed. This is the greatest time to go all in crypto, as everything is being traded at a large discount. FUD is what has made investors wary of getting into crypto right now. But we all know crypto won't stay down in price forever. It's like a rollercoaster ride if you ask me. Sometimes crypto market prices go down at a fast pace, while other times it goes all the way to the moon. You'd just have to buy crypto when it's cheap and never sell until everything goes back up again. This is just a matter of perseverance to obtain great results with your investment. I'd just invest into Bitcoin and Ethereum for the long haul, as they're the most promising coins on the market. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) They'd be losing the opportunity if are still debating inside themselves whether to go all in without regulations. It's all coming no matter what, it's just when it will come. The bright side of what happened to FTX is that crypto market really got the attention of everyone. It doesn't matter that this is negative news to them but this will keep them informed that there is a new rising market to be explored and it's not going to die.
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traderethereum
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November 23, 2022, 02:51:25 AM |
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At least I agree with what @OP said about not giving up hope and having to make the most of this opportunity. The crypto market is getting tested again as usual but behind this test, we are still allowed to buy lots of potential coins that can increase again. And by analyzing, we can find the right coin to invest in. The market will come back better than ever and I'm sure there will be lots of coins that will create new ATH in the next altcoin season.
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Yaunfitda
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November 23, 2022, 03:20:47 AM |
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At least I agree with what @OP said about not giving up hope and having to make the most of this opportunity. The crypto market is getting tested again as usual but behind this test, we are still allowed to buy lots of potential coins that can increase again. And by analyzing, we can find the right coin to invest in. The market will come back better than ever and I'm sure there will be lots of coins that will create new ATH in the next altcoin season.
Of course, we have been here altogether, seen the worst in 2018 but we did bounce back in 2021. For example Ethereum was in it's lowest in 2018, but made huge gains and so with other altcoins. So it will just repeat itself in the next bullrun. We just have to believed that everything will be ok and that this is just a big test again to all of us. How tough we are in this bear market because the fruits will be bigger to us in the future bull run, new all time high for the top altcoins.
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Sebas.tian
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November 23, 2022, 03:30:53 AM |
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That is true OP, what is happening in the crypto market has happened before that made many people to believed that bearish market will not live forever in the market, which is one of the advantage many old traders are using to encourage themselves whenever bearish market came up. I think, bullish market is no longer far from traders in the community, because some potential coins are demonstrating green light to alert their traders that bullish season is about to take place in the crypto market to allow those that invested in the bearish season to start achieving their incomes.
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sukmo
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November 23, 2022, 09:00:38 AM |
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we and some of the majority of people holding crypto can only wish he had more cash now to buy while at this low point. but the fear is still here yet.
they're still waiting for the FTX effect to roll in, crypto forecasters have been saying. We've all seen examples like that before and the market always manages to bounce back. It's just that we are still facing the problem that caused the market crash a few months ago.
Given the sudden positive swings in the market price but I doubt it is already the start of a bullish season. And this is why there are investors who look forward to rising market prices because profits are guaranteed in the end That doesn't mean that the end of crypto is near. This is basically just another opportunity for buyers to purchase these high-priced coins at affordable prices.
So we need to take this bear market positively, and take full advantage of it. What's more it is the end of the year, this time as seen before, all crypto is picking up the pace, so buy in moderation and hold on for a while. Then enjoy the benefits later.
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justdimin
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November 23, 2022, 09:48:42 AM |
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It is during bear market you see so many doubting Thomas, many people are not so optimistic about btc coming back bigger, time will tell. I know btc is capable of coming back even stronger and bigger, there is no question about that. One thing i have come to understand is - no matter how old some people have been in this space, no matter the number of btc winter they have experience, it is still very difficult for them to stomach this type of situation. My faith is very intact, so far, and i hope to keep it this way. My desire is to detach myself from the market as much as i can (as in keeping up with price). There is no denying these are hard times, worrying over it won't change anything either, it is better to seat tight and wait for market turn around, we all need patience to get through these days.
I have said this to many people as well, I told everyone that bitcoin will make a comeback and it will be 100k+ but for now people are not trusting that it will, or at least they do not think that it will be anytime soon. I guess that people just don't want to see the potential profit making ability here, and that’s fine and they can think whatever they think, but I believe that it is going to be fine and it is going to be 100k and it will be before people imagine it will be. So, selling at this point is a mistake, people who sell right now are making a big mistake, there should be a lot more people who are buying, not selling and that would be a lot better.
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dlightag
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November 23, 2022, 11:49:28 AM |
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You are making a point, because every thing in life time has a session, which the cryptocurrency market is already on the bear movement for some couple of months now, which is a very good entry points to buy bitcoin as well as other alt-coins, while waiting for next bull run that we occur soon or later in 2023.
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mich
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November 23, 2022, 12:27:43 PM |
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Well during a 'bear market' we must always remember that it is important to not lose faith and know the whole market is not going to vanish. I personally believe bitcoin will reach 100,000 in 2023 or 2024. I think when people make predictions that it may take until 2025 for BTC to recover they’re just giving very conservative estimates. It’s fine if you believe in a longer time horizon but I think with an exponential technology like cryptocurrency the rate of adoption will be much faster than many people expect. The one thing we can all agree on is that the future of bitcoin is very bright.
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Mr. Magkaisa
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November 23, 2022, 12:46:15 PM |
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It's true that it's good to pick up those coins that are dropping and low. But to remind everyone, there could be people that are still optimistic about the FTT.
Just like Luna, UST, Lunc and USTC. FTT isn't different from them, it's unlikely to recover and anyone who will try to think that it'll still recover, you're just putting the risk on your hand and money by thinking like that.
It's close to impossible that these tokens and coins will recover even we go back to the bull run.
- That can't be avoided, there are other traders here in the crypto space who will buy the coins or tokens you mentioned Sir. because they may think that when the bull run comes, its prices will somehow increase in the market. Even though they know the risk is high. But me, maybe I bought those tokens for only 10$ each there, then it's up to batman hehe... Because if I buy a large amount according to my budget, these are the coins like Matic, Ethereum, Bnb, Shiba Inu, Dogecoin, Leash, Babydoge, and others that I will not mention here.
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