Bad feeling like a bomb is gonna go off

[Mpamaegbu]

I got a bad feeling about today and/or tomorrow. Keep close eye out and react quickly. Hope I am wrong, but its strong enough feeling I just had to say something.

With the turn of events now you must've discovered how wrong your premonition was. The market is in uptrend. The thing about any rally, whether bull or bear, there's often a moment for price correction and that seems to break movement. Every professional traders knows that price doesn't continue on a steady slope or hill. There are breaks along the road. So, let your premonition not scare you. Crypto is on the high scale despite the flashes of dump here and there.

[Xal0lex]

If you do not learn that, then you must be trading based on rumors or gut feeling or something that is not concrete basically. I am not saying that TA can't be wrong, of course it can be wrong, and we have seen it be wrong multiple times so far, but that doesn't change the fact that it is also a lot more secure and a lot better in the long run because if you calculate how much that makes, it's better than what you would "feel" like market would do.

It is unlikely that technical analysis can be wrong, rather a person misinterprets the data that technical analysis provides. Technical analysis is unique in that if the same chart is shown to 10 different traders, they can see 10 different scenarios. If we're talking about the long-term outlook, only a small proportion of traders and investors are able to analyze anything based on technical analysis.

[JANUS23]

It's a natural event. People are having deja vu about Luna, 3AC, FTX etc and a greasy hand quickly sells off assets faster than you can blink. So brace up

[fullhdpixel]

Are you afraid of the collapse of stablecoins? Stable coins are also altcoins, so it wouldn't be surprising if they crashed or disappeared one day. With the SEC hitting BUSD as a sign that they can do more, most likely, USDT or USDC will be their next target. Stable coins are not as safe as you think, so don't trust any coin too much. It is advisable to hold fiat instead of the stablecoin if you are unable to hold bitcoin under any circumstances.

I think stablecoins that are backed by real money or assets are pretty reliable, though I understand the fact that nothing should be trusted in this universe. Tokens like USDC and BUSD are never going to just disappear like thin air since they got strong support. What SEC is doing with BUSD is pure promotion for the token and it's owner which is Binance.

People tend to keep their money for investments in stablecoins because it comes in handy when you want to take a trade instead of first converting your fiat to a stablecoin and then do your trading.

[AakZaki]

I don't know why, but I am always suspicious about stablecoins and I never have the conviction in them that there are truly what they proclaim to be, we have seen how many of them have crashed in the past and at a point, the stablecoins are no different from the other pump and dump coins such as LUNA coin that sink away investors money.
-BUSD is just one of them and when the tide become against binance the same fath that happened to FTX may happen to Binance but the possibility of its extent impact will be minimum on binance compared FTX own case.
-The recent market movement in BUSD may be a clear indication of how weak the coin is and its inability to cling to its $1 peg.

you already know all that happened, BUSD just didn't hold on to the $1 peg and had dropped a few days ago. Nothing is safe even if it's a stablecoin, crypto remains with its characteristics, namely fluctuating prices. BUSD may still be strong enough to survive as Binance is quite large as a centralized exchange. Instead of having to save too much in stablecoins, it's better to save in bitcoin which clearly has fluctuating prices with high volatility but has the largest capitalization. take advantage of every price movement that occurs or hold for the long term.

[Wiwo]

()

you already know all that happened, BUSD just didn't hold on to the $1 peg and had dropped a few days ago. Nothing is safe even if it's a stablecoin, crypto remains with its characteristics, namely fluctuating prices. BUSD may still be strong enough to survive as Binance is quite large as a centralized exchange. Instead of having to save too much in stablecoins, it's better to save in bitcoin which clearly has fluctuating prices with high volatility but has the largest capitalization. take advantage of every price movement that occurs or hold for the long term.

We are already used to those cryptocurrency characteristics of none stability ity of price at all time and even stable coins also dive down a couple of time but always recover back to it peg price, and if it fall too dip and unable to recover quickly that is an indication of a potential crash in the price.
-At some point I don't believe that term is called (stablecoin) because, in the cryptocurrency space, nothing is stable no currency is stable fiat is not stable it reacts to inflation and forces of demand and supply.
-So we should get used to that and prepare for any uncertainty that may happen in the market at all times

[bittick]

if you're making trading decision based on your feeling then you're essentially betting, make proper technical analysis, see the real market condition and circumstance then judge whether your feeling is right because other wise your lingering feeling will just become a feeling with no real reasoning backing it up, i'd say always use logic than feeling.

[Silberman]

if you're making trading decision based on your feeling then you're essentially betting, make proper technical analysis, see the real market condition and circumstance then judge whether your feeling is right because other wise your lingering feeling will just become a feeling with no real reasoning backing it up, i'd say always use logic than feeling.

Unfortunately a great deal of people think of trading and gambling as the very same thing and this is not accurate, gambling can be a very exciting and fun experience, but at the end you have no control at all about the risk that you are taking, but when it comes to trading you are the one in complete control and if you are a good trader you can take opportunities that not only offer the potential to great returns but your risk can be extremely low as well, but the only way to take advantage of those opportunities is by educating yourself and use technical analysis.

[posi]

I don't know why, but I am always suspicious about stablecoins and I never have the conviction in them that there are truly what they proclaim to be, we have seen how many of them have crashed in the past and at a point, the stablecoins are no different from the other pump and dump coins such as LUNA coin that sink away investors money.
-BUSD is just one of them and when the tide become against binance the same fath that happened to FTX may happen to Binance but the possibility of its extent impact will be minimum on binance compared FTX own case.
-The recent market movement in BUSD may be a clear indication of how weak the coin is and its inability to cling to its $1 peg.

you already know all that happened, BUSD just didn't hold on to the $1 peg and had dropped a few days ago. Nothing is safe even if it's a stablecoin, crypto remains with its characteristics, namely fluctuating prices. BUSD may still be strong enough to survive as Binance is quite large as a centralized exchange. Instead of having to save too much in stablecoins, it's better to save in bitcoin which clearly has fluctuating prices with high volatility but has the largest capitalization. take advantage of every price movement that occurs or hold for the long term.

The future of BUSD is probably very slim, I think Binance will give it up if they want to continue to exist in the US market. But the important thing is that it does not harm users, they will continue to support it as well as assist users in converting to other stable coins.
In general, cryptocurrencies are always risky, including bitcoin, so we are always ready to take any risk when it happens. Nothing is reliable in the market, everything is relative, and nothing is absolute.

[AakZaki]

The future of BUSD is probably very slim, I think Binance will give it up if they want to continue to exist in the US market. But the important thing is that it does not harm users, they will continue to support it as well as assist users in converting to other stable coins.
In general, cryptocurrencies are always risky, including bitcoin, so we are always ready to take any risk when it happens. Nothing is reliable in the market, everything is relative, and nothing is absolute.

Binance is still trying to stand up to every shock, so that it can survive the various problems that might occur. As the most popular centralized exchange today, Binance certainly has a lot of issues that need to be resolved. BUSD as a stablecoin managed by Binance certainly gets full support, but users can also choose other stablecoins such as USDT, USDC etc.
Crypto is always risky, even if it's a stablecoin. nothing is really safe. Even if you save money in the bank, you will also be at risk of losing it. But the only difference is that you won't get any guarantees in crypto.

[adaseb]

You need to stop worrying about these stablecoins going insolvent. People for years have been claiming tether will go bust. And they never did. All these stablecoin providers are making the big bucks by buying short term us treasuries and making 5% bank for pretty much no risk. We are talking about a $100B industry here.

If interest rates are high for the next few years they will all be competing for one another. The only stablecoin that turned out to be a scam was Luna and you shouldn't be surprised. They were basically going to peg their stablecoin using bitcoin as collateral. And we all knew that wasn't a good idea which bitcoin is very volatile and has tendencies to go 80% loss from ATH.

[beerlover]

You need to stop worrying about these stablecoins going insolvent. People for years have been claiming tether will go bust. And they never did. All these stablecoin providers are making the big bucks by buying short term us treasuries and making 5% bank for pretty much no risk. We are talking about a $100B industry here.

If interest rates are high for the next few years they will all be competing for one another. The only stablecoin that turned out to be a scam was Luna and you shouldn't be surprised. They were basically going to peg their stablecoin using bitcoin as collateral. And we all knew that wasn't a good idea which bitcoin is very volatile and has tendencies to go 80% loss from ATH.

I think it's not as safe as you think it is, and they may eventually crash, and it doesn't have to be today, it could be 10 more years of running smoothly without an issue and then suddenly crash on 11th year, who knows? But that's really not bothering me because it is another skin that we need to shed in order to continue without a trouble.

If stablecoins finally crack and crash and all that money is gone, the price of bitcoin and all other coins will crash hard, probably at least 90% with some of them forever gone 100,% but that doesn't mean that I think it is going to be bad, I think after that, whoever is left will make it go back up again slowly and in a few years afterwards we will be back where we were.

[Xal0lex]

If interest rates are high for the next few years they will all be competing for one another. The only stablecoin that turned out to be a scam was Luna and you shouldn't be surprised. They were basically going to peg their stablecoin using bitcoin as collateral. And we all knew that wasn't a good idea which bitcoin is very volatile and has tendencies to go 80% loss from ATH.

This is far from the only stablecoin scam, there are other stablecoins that are losing their pegs, such as the USN stablecoin, which has also lost much of its stable value. The whole problem with these stablecoins is that they are algorithmic, and such projects are worth avoiding because they are unstable and flawed in their asset-backed model. Securing stablecoin with other altcoins, especially in a bear market, leads to a crash.

[bitterguy28]

I know Crypto had a heck of a run a week ago, and it is giving back which is normal. They have been getting beat real bad and its not stopping. I was on Coin Market Cap an hour ago, and looked at the stable coins. They are all except USDT well below a dollar. All were up 3 to 5% today and still wasnt up to a dollar. They were moving around like they were being fed to try and stay in their dollar spot. I got a bad feeling about today and/or tomorrow. Keep close eye out and react quickly. Hope I am wrong, but its strong enough feeling I just had to say something. Good luck!!    Brandon

I am just asking myself , why with this kind of post coming? are mostly created by Newbie account and sometimes even just created account for post like this? maybe because they are just wanting to drop bad things to the market that they don't wanna install to their reputation as Bitcointalk user?
sorry but that is what I've seen most of the time.

you are free to think and drop what you wanted to say but I don't believe this here.

[ethereumhunter]

It's fine if @OP says the market is bad at the moment but only temporarily because it will start moving up again. We can use it as a moment to buy the bitcoin or altcoin we want. We can only be prepared with all the possibilities that can occur, including the current correction and we are still lucky to be given time to buy more bitcoins now. We will not know when the bitcoin price will increase again so it can make us too late to increase our bitcoin amount. Even though market conditions will be as they are for the next week, that's also okay because everything will return to normal.

[abel1337]

I know Crypto had a heck of a run a week ago, and it is giving back which is normal. They have been getting beat real bad and its not stopping. I was on Coin Market Cap an hour ago, and looked at the stable coins. They are all except USDT well below a dollar. All were up 3 to 5% today and still wasnt up to a dollar. They were moving around like they were being fed to try and stay in their dollar spot. I got a bad feeling about today and/or tomorrow. Keep close eye out and react quickly. Hope I am wrong, but its strong enough feeling I just had to say something. Good luck!!    Brandon

I am just asking myself , why with this kind of post coming? are mostly created by Newbie account and sometimes even just created account for post like this? maybe because they are just wanting to drop bad things to the market that they don't wanna install to their reputation as Bitcointalk user?
sorry but that is what I've seen most of the time.

you are free to think and drop what you wanted to say but I don't believe this here.

Dropping a news or situation like these can't affect that market that much. If you consider it as a FUD, Well it's not enough to move the market given that the reach he got from the post is not that much and also it's common to see post like these inside and outside the forum. Most of the users who are posting like this are newbies and low rank users but we don't judge here given that they are low ranks, maybe have a little bit knowledge or sensitive affection from the market which is the common occurrence on newbies.

[blockman]

It's fine if @OP says the market is bad at the moment but only temporarily because it will start moving up again. We can use it as a moment to buy the bitcoin or altcoin we want. We can only be prepared with all the possibilities that can occur, including the current correction and we are still lucky to be given time to buy more bitcoins now. We will not know when the bitcoin price will increase again so it can make us too late to increase our bitcoin amount. Even though market conditions will be as they are for the next week, that's also okay because everything will return to normal.

We do have an idea when the price of bitcoin might increase and that's after the halving. And as we approach to the next halving by 2024, that's giving the idea of what everyone must do and that's the usual thought we say for everyone is to accumulate.
Sometimes our feelings are invalid but many times if you think that it's valid, follow the idea and thoughts that you might encounter as you decide whether to just watch the market, buy or even sell.

[Silberman]

It's fine if @OP says the market is bad at the moment but only temporarily because it will start moving up again. We can use it as a moment to buy the bitcoin or altcoin we want. We can only be prepared with all the possibilities that can occur, including the current correction and we are still lucky to be given time to buy more bitcoins now. We will not know when the bitcoin price will increase again so it can make us too late to increase our bitcoin amount. Even though market conditions will be as they are for the next week, that's also okay because everything will return to normal.

Traders need to learn to think not only about the now but about the past too, it is as if they forgot already of how difficult 2022 was as a year and now they are complaining about the market not experimenting any growth, instead we should be glad of the periods of time in which the price does not move much as this gives us the opportunity to buy bitcoin for a stable price without having to be afraid its price could collapse the next day, and this is important as it makes easier to hold our coins, especially for those which are just beginning to accumulate bitcoin.

[ethereumhunter]

It's fine if @OP says the market is bad at the moment but only temporarily because it will start moving up again. We can use it as a moment to buy the bitcoin or altcoin we want. We can only be prepared with all the possibilities that can occur, including the current correction and we are still lucky to be given time to buy more bitcoins now. We will not know when the bitcoin price will increase again so it can make us too late to increase our bitcoin amount. Even though market conditions will be as they are for the next week, that's also okay because everything will return to normal.

We do have an idea when the price of bitcoin might increase and that's after the halving. And as we approach to the next halving by 2024, that's giving the idea of what everyone must do and that's the usual thought we say for everyone is to accumulate.
Sometimes our feelings are invalid but many times if you think that it's valid, follow the idea and thoughts that you might encounter as you decide whether to just watch the market, buy or even sell.

But maybe other people don't have an idea when they will buy or sell because many of them only follow the advice of people who they think are experts. And now we should still try to pile up Bitcoin before half of the coming. So if there is a feeling about how the market will move, we follow that feeling while preparing everything. Thus, we will not be confused if the market's direction is completely changed.

It's fine if @OP says the market is bad at the moment but only temporarily because it will start moving up again. We can use it as a moment to buy the bitcoin or altcoin we want. We can only be prepared with all the possibilities that can occur, including the current correction and we are still lucky to be given time to buy more bitcoins now. We will not know when the bitcoin price will increase again so it can make us too late to increase our bitcoin amount. Even though market conditions will be as they are for the next week, that's also okay because everything will return to normal.

Traders need to learn to think not only about the now but about the past too, it is as if they forgot already of how difficult 2022 was as a year and now they are complaining about the market not experimenting any growth, instead we should be glad of the periods of time in which the price does not move much as this gives us the opportunity to buy bitcoin for a stable price without having to be afraid its price could collapse the next day, and this is important as it makes easier to hold our coins, especially for those which are just beginning to accumulate bitcoin.

That means they have to learn from experience or see the market travel so far to find out that the market will always change and do not need to complain about anything. One day, the market will begin to move well and that's when we will return to get a big profit. Maybe now we are asked to be more patient and enjoy the price movements that occur in the market while buying more bitcoin. If we use this opportunity, we can certainly get the opportunity to sell the bitcoin we have at the peak price later.

[Xampeuu]

It's fine if @OP says the market is bad at the moment but only temporarily because it will start moving up again. We can use it as a moment to buy the bitcoin or altcoin we want. We can only be prepared with all the possibilities that can occur, including the current correction and we are still lucky to be given time to buy more bitcoins now. We will not know when the bitcoin price will increase again so it can make us too late to increase our bitcoin amount. Even though market conditions will be as they are for the next week, that's also okay because everything will return to normal.

We do have an idea when the price of bitcoin might increase and that's after the halving. And as we approach to the next halving by 2024, that's giving the idea of what everyone must do and that's the usual thought we say for everyone is to accumulate.
Sometimes our feelings are invalid but many times if you think that it's valid, follow the idea and thoughts that you might encounter as you decide whether to just watch the market, buy or even sell.

if we talk about bitcoin then there is no need to panic about the mistakes of our feelings. because after buying we are only waiting for the long term goal, of course if our analysis is wrong, we are given the opportunity to collect even more bitcoins, considering that this is an opportunity. but if this is on a new altcoin or altcoin that is at the bottom then only luck can save us. therefore invest in coins that can be for the long term, so that our time waiting is not in vain