abralzain17
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January 18, 2023, 04:38:19 PM |
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Hello dearies!
Something came into my mind and I decided to asked here to see the mind of everyone here towards the market. Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos? There are lot of post I have been reading all this while the majority of them were pointing out to be after bitcoin halving.
Just one last more, how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?
Please don't find my post as annoying because I m also learning which I strongly believe I will know more better as time comes.
You can table out your opinion.
of course we have the same feeling by seeing the market conditions that have recovered as you said that. despite the current conditions I myself am not interested in buying and collecting bitcoin at this time. for myself it seems like I will be more interested in altcoins to get profits in the future if the market really is back to normal. I will buy Matic, bnb and Ethreum only to earn this year. I'm more confident with altcoins
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Hildentine
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January 19, 2023, 02:30:18 PM |
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I am very interested to see the present condition of market i wish its better day by day in the past condition of market many projects are dead and alot of people receive a huge loss . So i wish the Market again rise and they give profit in this year everyone choose a great project definitely everyone gain profit away from scam projects and fake news .
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autumnleaf
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January 19, 2023, 11:23:50 PM |
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Although I do not believe we are in a bull market, the market appears to be recovering. A quick increase in the price of Bitcoin is brought on by a variety of sentiments about Bitcoin that are expressed in news and announcements all around the world. The market is likely to undergo significant changes even though bitcoin is still far from halving.
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JeffBrad12
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January 19, 2023, 11:42:12 PM |
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the recent increase in bitcoin was indeed somewhat showing that there's gonna be some recovery happening even though that's at best still just guesses and speculation, the thing is, if bitcoin could breakout and increase significantly i', sure altcoins in general will just follow the path of bitcoin therefore the altcoin seasons. But if bitcoin just stuck, alts will get nowhere, the trend hasn't shown any bullish sign but indeed there's some signs that the market somehow is recovery even though might still be far off from the highest price it has reached before. after all it might be just beginning of its recovery and towards bullish market so I guess there's still long way to go.
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evichi
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January 19, 2023, 11:58:22 PM Last edit: January 20, 2023, 12:23:34 AM by evichi |
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Though the market recovery is a relief, I think it is too early to conclude that the bull market have started. Bitcoin have remained in the range of $16,000 since early November, 2022 till early January, 2023 before the recovery ( https://coinmarketcap.com/currencies/bitcoin/). Having remained in this range for about two months, I think it should not be a surprise for the market to breakout from the resistance. IMO. investors can still buy more Bitcoin at the current price of $21,075 (price can still come down lower than this) - and make good profit when actual bull run commences. I don't consider this current movement a bull run.
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kenshi222
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January 20, 2023, 12:07:31 AM |
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The market is started to recover from the last year end.But most of the traders who expected huge change had not notice it.Mostly crypto market takes huge time to recover, but it gives us huge percentage as a profit alone.So mostly holding for longer period will help us for the recover from the huge loss.It may need huge time and the output will be 20x for the holding.People who had brought bitcoin under 20k in 2017 had earned three times of profit in 2020.So holding 3 big years may make you Billionaire, it's only possible one in crypto currency trading.The market is not bear now, but the pump is not upto expected level.It's only reason for the people get loss his patience on trading.
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Kelvinid
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January 20, 2023, 03:19:15 AM |
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the recent increase in bitcoin was indeed somewhat showing that there's gonna be some recovery happening even though that's at best still just guesses and speculation, the thing is, if bitcoin could breakout and increase significantly i', sure altcoins in general will just follow the path of bitcoin therefore the altcoin seasons. But if bitcoin just stuck, alts will get nowhere, the trend hasn't shown any bullish sign but indeed there's some signs that the market somehow is recovery even though might still be far off from the highest price it has reached before. after all it might be just beginning of its recovery and towards bullish market so I guess there's still long way to go.
It indeed it takes years to finally see the development of the market. What we have to see this time is just a sort of market volatility but at least we know that recovery isn't impossible to happen. It at least give some views to the newcomers that investing the dip is certainly a profitable way and have no reason to worry as long as they can hold and patiently wait for the price increase. I'd see this could mentally affect to us and gives hopes to everyone. I'd really feel that this year isn't yet be considered as a good year for crypto and still experiencing dumps.
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TravelMug
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January 20, 2023, 05:39:55 AM |
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The current recovery is only aimed at getting investors back into the crypto market, those who exited the market at the bullish start and when the current price collapses come back again. The market recovered quite well and was able to stay in the $20k price area. But we still have to be vigilant because a bull run may also occur, there will be a decline when the market is saturated enough, some corrections will of course occur. for those who make long-term investments, just hold on and buy again when the price is cheap enough from the current price.
Current Bitcoin price touched on $21,000 seems has potential for investor coming back in to the market crypto and reinvesting in Bitcoin or several potential altcoins, I don't sure with how long Bitcoin stable at price $21,000 and have possibility back under $20,000 or will reach to higher price again. No doubt with correction or Bitcoin price have waiting later, but how possibility with Bitcoin price drop until $17,000 or keep consistency above $20,00 before going back to higher price and one year left with halving on 2024 will see moment for Bitcoin make new all time high? I still consistent reinvesting in Bitcoin right now due current price nowadays until Bitcoin back above $30,000. The potential for bitcoin investors to make a comeback and pour their money again in this market is big, as we all know that bitcoin is the prime mover. So no surprises here, past couple of weeks this start of the year, the market is on a recovery phase. But I wanted to see the market going into $1 trillion market cap, that is a good indication maybe if we won't see another lower lows for other coins including altcoins. Hopefully, as you have said $30k will be the next target for this year before the block halving.
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samcoin
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January 20, 2023, 11:37:11 AM |
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The potential for bitcoin investors to make a comeback and pour their money again in this market is big, as we all know that bitcoin is the prime mover. So no surprises here, past couple of weeks this start of the year, the market is on a recovery phase.
But I wanted to see the market going into $1 trillion market cap, that is a good indication maybe if we won't see another lower lows for other coins including altcoins. Hopefully, as you have said $30k will be the next target for this year before the block halving.
The potential you are talking about is highly correlated to the economic signals in the USA as the biggest market leaders are there these days. In addition, the recovery that happened a few days ago was due to the inflation rate moving down, this imposes less interest rate increases, which results in investment assets going up. I hope this is the start of a recovery in the market, but looking at the current inflation rate as well as interest rate, it seems there should be a long way before we start talking about serious recovery, as the inflation rate is still much higher than the targeted one.
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SquallLeonhart
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January 20, 2023, 12:58:23 PM |
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You stated it well. One of the cons of this correction is the emergence of some scam coins. As we all know that the bear market period is a period of cleansing of the market whereby the projects that are scammy and doesn't have based will have to die off.
The cleansing has lasted for long and some few scam projects which didn't die off completely have been watered this correction and also project owners who have been working on projects may see this correction as the right period to join the market.
Well cleansing took this long because we have been in a big big bull market where some scam projects were at millions of dollars and they did increase like crazy, some of them weren't even "scam" but just a hype that they wanted to ride and make some money, like shiba and similar stuff that derived from doge. Just because Doge got some attention (that it shouldn't get) they created some similar meme projects and these were not scam, but they were made to make owners richer that's for sure. This is why I believe that we shouldn't really care about anything regarding this issue, we should be focusing on making a bit more money in the long run for sure with solid projects instead.
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fzkto
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January 20, 2023, 01:10:04 PM |
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You stated it well. One of the cons of this correction is the emergence of some scam coins. As we all know that the bear market period is a period of cleansing of the market whereby the projects that are scammy and doesn't have based will have to die off.
The cleansing has lasted for long and some few scam projects which didn't die off completely have been watered this correction and also project owners who have been working on projects may see this correction as the right period to join the market.
Well cleansing took this long because we have been in a big big bull market where some scam projects were at millions of dollars and they did increase like crazy, some of them weren't even "scam" but just a hype that they wanted to ride and make some money, like shiba and similar stuff that derived from doge. Just because Doge got some attention (that it shouldn't get) they created some similar meme projects and these were not scam, but they were made to make owners richer that's for sure. This is why I believe that we shouldn't really care about anything regarding this issue, we should be focusing on making a bit more money in the long run for sure with solid projects instead. I think scams and cryptocurrencies are closely related regardless of whether the market is bullish or bearish. It's just that during the bull run, there are a lot more scams and people are investing in scams and losing money a lot more often without understanding the projects. The current correction has certainly cleared the market of scams, but as soon as a new bull market starts, the story with scams will happen again.
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ItsCrafty
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January 20, 2023, 04:11:10 PM |
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Bitcoin is looking positive here in this stage which have direct impact on crypto market. Whole crypto market is green now. Many coins like Aptos, Magic done better recovery and now trading price is backed to price before Ftx scam. I think this will be end of bear market. There is chances of one more dip but this year I am expecting good for Crypto traders.
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JunkieMiner
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January 20, 2023, 05:00:51 PM |
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I think it comes late but the way bitcoin is now performing may be very strong for other coins with having a good pump may be occur in all these coins. And most likely as we have seen btc falling from the previous two days, it is recovering itself like the previously we have seen so many times before a big pump.
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rhodelmabanal
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January 20, 2023, 07:00:51 PM |
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I feel great because after a very long time i see btc rise up again, however it is still hard to believe that we are in a bull run season it is very early for this kind of prediction and i believe that bull run is not confirm yet, i think we need to wait more time if the rising continue the bull run will come i hope bull run will be back this first quarter of year 2023.
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Silberman
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January 20, 2023, 07:33:09 PM |
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Bitcoin is looking positive here in this stage which have direct impact on crypto market. Whole crypto market is green now. Many coins like Aptos, Magic done better recovery and now trading price is backed to price before Ftx scam. I think this will be end of bear market. There is chances of one more dip but this year I am expecting good for Crypto traders.
I sincerely hope this is the case as investors have endured a lot during the past year as the bear market was incredibly intense and the fact that we did not knew when the market could get better made things even worse, but now it seems that things are finally improving, still we need to be careful as we never know when another dip may come and ruin the mood that the most recent recovery has created, but even then it seems the bear market is over or at least it is close for this to be the case.
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kawetsriyanto
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January 20, 2023, 09:55:28 PM |
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Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos?
Sometimes, the market doesn't need very good news to rise up, but the market will be easily very much to drop in few minutes because of FUD. Here, the previous pump of Bitcoin price was very great and worthy enough for the short-term investor to take profits. That's really great time to take profits. But on the other hand, this will not really give certain big influence to long-term investors, because their goal is for certain prices at certain time periods, So, they will not really care much about the rising price, not really significant. What we can do is by staying calm and wise in whatever market condition, never driven to panic sell or buy, analyze at first, and take the right time to do DCA trades or even other trading or investment activities.
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WalkerIVIV
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January 20, 2023, 10:27:26 PM |
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even if it might seems that this recovery was fake ones, but I think seeing overall the trend revolving around bitcoin it's showing positive trend in which it's steadily increasing in term of value. it's unlike few months ago where quite literally in every attempt of increase and breakthrough the market resist and always brings btc down again. this time around it's different.
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bitcampaign
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January 20, 2023, 10:38:30 PM |
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I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime
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fmz89
Legendary
Offline
Activity: 1764
Merit: 1002
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January 21, 2023, 12:51:54 AM |
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If the peak count from 2021 may then is it, the bottom is in, but we agreed November was the peak, so it takes more time up and down in accumulation area, so i think were gonna down again later but, this movement really has strong pump after the first fed pivot, many believe true bullrun began after fed print money again right after true fed pivot later this year
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fuguebtc
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January 21, 2023, 02:07:25 AM |
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I don't think it's too late to buy any crypto in this recovery period, you don't have to buy bitcoins, we can even buy other cryptos that have the potential to be profitable in the long term, so there's no need to rush to buy them this year, after all, everyone will buy lots of cryptos anytime
It's true that it's not too late to invest, but if you don't choose bitcoin then I think that's your biggest mistake. Can you tell me which altcoin has long term potential? Honestly, other than ETH, I don't see any altcoins worth investing in for the long term. If you think now is not the right time to invest, then when? The best time to invest is 2022, but if anyone missed out, 2023 could be the last year for us to accumulate before the bulls return.
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