What happened with crypto?

[xanto]

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?

[sheenshane]

How many years have you been in the crypto space?
If you know the crypto market very well you might understand what's going on.

I suggest you visit those Cryptocurrency and Bitcoin news websites.  It'll give you up-to-date information regarding what's going on now but of course only those reliable sources.

You sold all your Bitcoin, I think it's time now to full your bag again.

[goinmerry]

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?

You don't need an exact answer for that. From now on, expect this kind of trend in the crypto market.

That's the reason why you are surprised because you are outdated. Will you continue your journey here?

If you want now to keep always updated with crypto, start to involved now.

[dunfida]

^Same question on that dude above, on how long you've been gone on this space?

We could really say about potential of Bitcoin but its true that we've been able to go back into those 2020 prices.Good for you op that you had
able to sell out on those good price point and leave out the market for some time.Just as the suggestion that it is the best time to fill your bags again.
Just to highlight some major news for this year.

https://www.analyticsinsight.net/top-10-remarkable-crypto-exchange-hacks-in-2022-so-far/

Not might that complete and including that current FTX issue.Then it do really sums up.

[Bitcoin_Arena]

You first registered in this forum in 2013. I would expect you to be familiar with Bitcoin price movements all the way from 2013... The current situation is actually normal and happens after every bull run.

You don't expect Bitcoin price to keep climbing higher and higher without any correction or consolidation phase.

[agustina2]

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?

Understanding what's going on is the key to realizing what's happening in the market. It's been a while since you are not updated on crypto but it won't take you a long read and research to understand what's currently happening right now. Take a time to read any news about crypto.

The bear market is part of the crypto-market happenings since the beginning of crypto. Not all the time that the situation will be favorable to us.

Try to relax a bit and just be calm as there's no other choice but to be patient.

[ilovealtcoins]

Hi all,my friends
I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience
What the fuck is going on here?
I'm sorry,i don't have any other words
Why is bitcoin trading at 2020 prices?
This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?

It means you have been in the market long enough and you only recently left the market i think you also know how the market works over the years so your questions are meaningless. Once the bear season arrives, there will always be a reason for the price of bitcoin to drop, and things won't change from the previous bear season. But you have come back at the right time, this is the time for you to buy back bitcoin at low price and wait for another bull run to take profits.

[agustina2]

Ups and downs, good or worst, bull or bear, that was really common to happened in crypto and if you don't have that strong will to survive during a crash, you are not ready yet to stay here. Emotions, stress are really something you can't avoid to feel in crypto.

Of course that was just normal expression but if you will keep yourself active now in crypto, you will soon understand what's going on a given trend.

[Oshosondy]

This is unbelievable!!!
I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked
Is this all because of the war?
Or because of the government sticking its nose into this market?
What happened?

Are you asking why the price of bitcoin has dropped so significantly when compared to the price you bought it in 2021? This is 2022, in bitcoin history, using every 4 years after halving, the price do drop 2 years after halving. The last halving occured in 2020 and this is 2022 which is 2 years after. The drop was as a result of bear market which is normal, it has nothing to do with the war.

2023 would be bullish and bearish, followed by 2024 halving and another massive bullish trend would come.

[Pandu Geddon]

What happened?

I don't think you need to be surprised by the current market conditions. what surprised you?
If you are long enough with your asset holdings and also your experience in the crypto market, I'm sure nothing will surprise you from the current market situation. because of course, you gain experience from how long you have been in the crypto market.
you can go by following the news on some social media which will indeed tell you what happened. Even though you have sold all your assets, that doesn't mean you don't have a track of what you follow on social media.
Whatever your reason for returning to the crypto market, maybe now is the right time for you to start your investment plan again.

[bittraffic]

Yes, the government still not understanding it that BTC couldn't be controlled so they stick their nose for regulatory capture, and crashing the market thru FTX collapse will be the start of it.

But of course, I'm wearing my tinfoil hat. It's just the cycle of the crypto market, nothing is going but a bear market that is normalized in crypto due to the halving.

[michellee]

This is like previous events where the price will decrease after bitcoin reaches a peak. But this time, we didn't expect the decline to be very drastic and almost touched the lowest point in 2020 and has already passed the lowest price in 2021. This gives us the experience that bitcoin is still moving very wildly and can be at any price point so we have to be careful if we want to invest in bitcoin.

The cause may be war, global problems, or government interference in the market. But since the beginning of this year, a lot of news and events have decreased the bitcoin price. We can only survive and you have a good time buying or investing in bitcoin again, considering that you already made a profit in 2021.

[TheUltraElite]

If you have sold your bitcoin back in 2021, I guess you got the all time highs around 60k USD, in which case a late congratulations are in order.

However you must have seen the ups and downs that happen in this world and hence should not come as a surprise that an exchange got hacked and the shitstorm started with that after a long drawn bear market where price was on the lower end of 20k for a long time eventually crashed to 16k.

But now since you are back, you should start buying once again, if you are willing to ride to coaster once more.

But what exactly made you come back to this forum once again? - if I may ask, I am curious to know.

[Falconer]

-snip-

Unsurprisingly, this sort of thing should be very familiar in the crypto market regardless of the current reason.
Drops can be interpreted as something normal for the price of bitcoin, and you shouldn't be surprised about it even though we are currently at a big discount. There are many reasons today why prices are falling and these have probably been discussed at any time in the space.

But you are lucky, you have sold all your bitcoin in 2021, that should have made you very profitable. You can buy them again and top up your bitcoin wallet for future investments. It's a cycle that won't come as a surprise if you know how the crypto market works.

[xanto]

How many years have you been in the crypto space?
If you know the crypto market very well you might understand what's going on.

I suggest you visit those Cryptocurrency and Bitcoin news websites.  It'll give you up-to-date information regarding what's going on now but of course only those reliable sources.

You sold all your Bitcoin, I think it's time now to full your bag again.

I registered here in 2013,talked to people and left in 2018
Then came back again in 2020,sold bitcoins in 2021 and left
And here i am again
But i don't know if I should buy bitcoins right now
There are so many scams,you don't know what to believe

[bittraffic]

If you have sold your bitcoin back in 2021, I guess you got the all time highs around 60k USD, in which case a late congratulations are in order.

However you must have seen the ups and downs that happen in this world and hence should not come as a surprise that an exchange got hacked and the shitstorm started with that after a long drawn bear market where price was on the lower end of 20k for a long time eventually crashed to 16k.

But now since you are back, you should start buying once again, if you are willing to ride to coaster once more.

But what exactly made you come back to this forum once again? - if I may ask, I am curious to know.

It's no secret
Honestly,i was not even interested in bitcoin all this time
In all that time and looked at its price literally 15 times,i had more important things to do
I was growing my business internationally
And i came back because i decided to remember what made me get rich and was surprised that bitcoin returned after such a huge growth to the priec
I am an advocate of decentralization but i think that the government can control the crypto market
It's already correlated with the US stock market

What are you talking about? It's just bear market. You got lucky for selling at the peak price. Now you think it's over.

The government can't control the crypto market. It can start all over again even if BTC can drop to $8k, BTC will live. As long as there are people who resist giving up freedom, crypto will live and will have a market running.

[xanto]

If you have sold your bitcoin back in 2021, I guess you got the all time highs around 60k USD, in which case a late congratulations are in order.

However you must have seen the ups and downs that happen in this world and hence should not come as a surprise that an exchange got hacked and the shitstorm started with that after a long drawn bear market where price was on the lower end of 20k for a long time eventually crashed to 16k.

But now since you are back, you should start buying once again, if you are willing to ride to coaster once more.

But what exactly made you come back to this forum once again? - if I may ask, I am curious to know.

It's no secret
Honestly,i was not even interested in bitcoin all this time
In all that time and looked at its price literally 15 times,i had more important things to do
I was growing my business internationally
And i came back because i decided to remember what made me get rich and was surprised that bitcoin returned after such a huge growth to the priec
I am an advocate of decentralization but i think that the government can control the crypto market
It's already correlated with the US stock market

What are you talking about? It's just bear market. You got lucky for selling at the peak price. Now you think it's over.

The government can't control the crypto market. It can start all over again even if BTC can drop to $8k, BTC will live. As long as there are people who resist giving up freedom, crypto will live and will have a market running.

Thanks for the feedback
But the government will try to control bitcoin and eventually it will succeed,because investing in cryptocurrency is a huge drain on capital,which no government needs
I didn't say it's over,i just said im surprised at the price of bitcoin at the moment

[palle11]

Hi all,my friends

Why is bitcoin trading at 2020 prices?
This is unbelievable!!!

It is normal and not unbelievable. Take the opportunity to invest before the next bull. It happened in 2017 and happening again. Those that invested around $4k got profit during the ATH.

Or because of the government sticking its nose into this market?
What happened?

Not that. Whether the government stick out her nose or ear won't stop the way bitcoin is working. There are bull times usually times after halving and bear that happens far more before the next bull which is around this time if you can calculate very well from the last halving. So the government don't have a hand in it.

[Ultegra134]

I'm guessing that you sold at a quite high price in 2021, at least over $40–50,000. Since you already know Bitcoin's capabilities in terms of value, consider this an opportunity to acquire it and prepare for the new bullish season. Unfortunately, the economy is in a dire situation worldwide for a variety of reasons, such as the war, the energy crisis, excessive inflation, etc., which isn't helping any kind of investment, from stocks to assets and cryptocurrencies. Even the S&P 500 index has lost value in the past few months.

To summarize, this period is a great time to acquire discounted Bitcoin if you have the available budget.

[The Cryptovator]

I'm curious at what price you sold your Bitcoin. I hope that it does not fall below this price. Nothing is wrong with Bitcoin; it is simply reacting to the global economy because it is a part of it. The entire cryptocurrency market has collapsed as a result of numerous negative news stories. For example, Luna and FTX drama. You are missing a lot of things here because you have been disappeared for a long time. So, just be active, and you'll notice a lot of things you've been missing for a long time.