what happened to the market today?

[jaberwock]

For new traders or new investors, this is indeed a good time to invest,
but for investors and traders who have bought in 2021 or 2022 it will obviously be a regret and can only hold on until prices recover,
and this is the crypto world, everyone can happy and even all can be sad too, so make sure we have to take a good strategy.

Why good? Is it because we are seeing a positive increase in the price? But isn't the best way to invest is when the price are dumping? Maybe new investors can hold their excitement for a while and wait for a possible correction.

For those who bought in 2021, they might be selling some on the same year because there was a bull run at that time but for those who bought last year, maybe some of them have sold some of their coins in the beginning of 2023 because we start it positively or they can also sell some now since the price right now was still better than last year. Cryptos are volatile but it does not mean that our emotions will be volatile too. With a good strategy as you said, we can be sure that our emotions will still be stable. It will only remain to be positive.

[SaveOurSea]

Today we are seeing Market is stable. We saw yesterday great movement. Bitcoin increase near about 10% within short time. I think today market will increase Again. Because market seems bull position...

As practice shows, after everyone believed that a true bull market had begun, this market collapses, leaving those who bought with coins that are constantly depreciating. It is possible that now is a good time to fix a part of the profit, or set a stop loss, so that later you will not regret the missed opportunity.

For new traders or new investors, this is indeed a good time to invest,
but for investors and traders who have bought in 2021 or 2022 it will obviously be a regret and can only hold on until prices recover,
and this is the crypto world, everyone can happy and even all can be sad too, so make sure we have to take a good strategy.

There is an additional strategy that those that invested at the top can employ, but it is one that they will not feel very comfortable employing, they could use DCA to diminish the average price at which they bought their coins, and if enough money is invested then they could profit much earlier from the upcoming bull run, but this is a difficult decision for them to take, as they have been losing so much money for so long that investing even more money on this market does not seem like a viable option for them.

That's the problem because having lost a lot of money before is certainly not an easy thing,
but on the one hand there is nothing wrong with using the DCA method,
at least it can offset the negative impact of previous investments.

[kawetsriyanto]

People are inherently decentralized, so they don't want their actions to be regulated by higher authorities. But in that case, the world would be in chaos.

Why the world in chaos?
I don't think it will be a problem for everyone if crypto is decentralized. Basically, people must understand about the risks of decentralized system, there is no guarantee of safety. That's why we know that investing or trading in crypto is high risk. But with decentralized system, we have absolute freedom and the government has no power to intervene us.

Accordingly, the SEC wants to stake out the regulation of the cryptocurrency market, as this is ultimately associated with a large profit in the form of taxes to the American treasury.

They have no right to force US regulation to crypto space. Binance US may be subject to their rules for being in their territory, but crypto is not in US territory. SEC has no right to apply taxes on all activities of crypto investment/trading. Not everyone here is US citizen, we come from various countries in the world.

[beerlover]

i was surprised to see the market today, everything fell in a short time, bitcoin fell around $1000 very fast and looking at coinmarketcap, all coins are red.  a few days ago bitcoin rose slowly, but today was very surprising. What happen today?

Today we are seeing Market is stable. We saw yesterday great movement. Bitcoin increase near about 10% within short time. I think today market will increase Again. Because market seems bull position. I think crypto currency market now uptrend and it entered bull position. Last week bitcoin price was near about $25k but gradually increasing and last day it was boom. It was actually surprising for all of us who are trading and holding bitcoin and other crypto. I think this trained will be continue.

I agree that we are on a short bull burst at these days, it does feel like it's doing great. I know a lot of people are not entirely sure what's going to happen quickly on the short term but looking at how we are moving up these days, I agree that it will be up. Of course there is no guarantee about it, maybe it will be going up, maybe it won't and we are going to start going down, we wouldn't know which one will happen.

But that's what investment is, just trying to predict and if I have to predict I can say that it's going to be decent situation we can make a profit from on the short term where all the prices just go up. Hopefully we are not wrong, because we really need it to go up, that way we could finally see a bull run after so much down period.

[bastian466]

What if you look at the market movement this week, has it shown a bullish path or is it back to bearish again. if you see that the market has shown good movement, the holders are always patient and continue to analyze what is happening in the market and then look for sources of news circulating on social media

[nurilham]

What if you look at the market movement this week, has it shown a bullish path or is it back to bearish again. if you see that the market has shown good movement, the holders are always patient and continue to analyze what is happening in the market and then look for sources of news circulating on social media

We are still in the bearish season, the current price of BTC is far from its ATH. We only can say we are in the bullish season when the price of BTC is nearly its ATH. Personally, I will call it bullish when BTC price returns to $50k+. The current price is only $30k and it may drop again to $28k or $29k, so it is not safe to conclude we are in the bullish season.

Of course, the holders will be always patient. We all know that this bearish season won't last  forever, it must end when the BTC halving comes. It is only 1 year left before the BTC halving to happen. We must continue to hold before the bullrun season comes, only the weak holders who sell their coins in the bearish season.

[judaspriest]

What if you look at the market movement this week, has it shown a bullish path or is it back to bearish again. if you see that the market has shown good movement, the holders are always patient and continue to analyze what is happening in the market and then look for sources of news circulating on social media

So far I think the market movement is still up and down so if you say it's already on a bullish track it doesn't seem like it really is,
even so I remain optimistic about the current conditions,
it's really important to remain patient which not everyone has.

[disconnectme]

The market does not move in a straight line, there will always be chop days and big green candle days, a lot of people will miss out on life changing profit because they keep getting in and out of the market because there is a chop, if you believe we are entering bull market all you need to do is to buy and hold and stop watching the market every hour and stop asking for reason why the price fall or rise every time, this will serve you well in few months when everything will be pumping like craze

[Boomber]

What if you look at the market movement this week, has it shown a bullish path or is it back to bearish again. if you see that the market has shown good movement, the holders are always patient and continue to analyze what is happening in the market and then look for sources of news circulating on social media

I think we are still a long way from being bullish, because the price of Bitcoin is still unstable and still going up and down, so I think there will still be a small correction in the near future, because there is no good news about cryptocurrency at the moment and I'm sure bullish will happen when the price of Bitcoin broke at $40k, so now is still the right time to do DCA.

[Inspiron14]

What if you look at the market movement this week, has it shown a bullish path or is it back to bearish again. if you see that the market has shown good movement, the holders are always patient and continue to analyze what is happening in the market and then look for sources of news circulating on social media

I think we are still a long way from being bullish, because the price of Bitcoin is still unstable and still going up and down, so I think there will still be a small correction in the near future, because there is no good news about cryptocurrency at the moment and I'm sure bullish will happen when the price of Bitcoin broke at $40k, so now is still the right time to do DCA.

It's still a possibility because we never know when bullish will come,
the more positive news about Bitcoin it will influence its price and i hope it will,
if indeed this is the right time then take advantage of it to do DCA.

[cheezcarls]

i was surprised to see the market today, everything fell in a short time, bitcoin fell around $1000 very fast and looking at coinmarketcap, all coins are red.  a few days ago bitcoin rose slowly, but today was very surprising. What happen today?

It's just another day of "correction" as you cannot predict when will it be exactly happening.

Looks like the BTC bulls cannot keep up to sustain a certain range which results for the market to go down a bit.

As of today, we are still in the bear market so these mini bull runs are just short term only. We just don't know when will the market go up again. It's unpredictable.

[Gladitorcomeback]

i was surprised to see the market today, everything fell in a short time, bitcoin fell around $1000 very fast and looking at coinmarketcap, all coins are red.  a few days ago bitcoin rose slowly, but today was very surprising. What happen today?

It's just another day of "correction" as you cannot predict when will it be exactly happening.

Looks like the BTC bulls cannot keep up to sustain a certain range which results for the market to go down a bit.

As of today, we are still in the bear market so these mini bull runs are just short term only. We just don't know when will the market go up again. It's unpredictable.

Bitcoin is struggling to break 33k but it's rejected always time and after every rejection, btc dump little. major altcoins are not raising because btc price is not stable. Market will green when btc remain stable for atleast 48 hours. The real bullish season will start when btc stable above 32k.

These downfall after some rise are short term correction which is normal in crypto market and nothing to be worried about that. crypto market is unpredictable but i hope we will not going to bear market as we are not recovered from  bear market yet and now its time for bull now
 

[raidarksword]

As always market is in the roller coaster once again, with so many FUDs on going the market will have a hard time recovering from its dip. Despite all that, it still a good time to buy assets during these times because it is a discount price that eventually will have a good indications to rise up once the market to fully recover especially with the bull market seasons this year.

[razielmmo]

I think most of the people here will agree with me that NeonLink is the future digital platinum.

[Kelvinid]

As always market is in the roller coaster once again, with so many FUDs on going the market will have a hard time recovering from its dip. Despite all that, it still a good time to buy assets during these times because it is a discount price that eventually will have a good indications to rise up once the market to fully recover especially with the bull market seasons this year.

Can't change the way it works but to normally see it pump today and it dump by the following days. But guess what, I'd love how it is going as in this way we have been given the chance to buy low and sell high, it actually gives us favor to earn a profit. That is why we shouldn't have to become crazy and get worried when the price drop because it recovers again. And this is the reason also that we need to learn to hold and must control our emotions.

[Inspiron14]

As always market is in the roller coaster once again, with so many FUDs on going the market will have a hard time recovering from its dip. Despite all that, it still a good time to buy assets during these times because it is a discount price that eventually will have a good indications to rise up once the market to fully recover especially with the bull market seasons this year.

Can't change the way it works but to normally see it pump today and it dump by the following days. But guess what, I'd love how it is going as in this way we have been given the chance to buy low and sell high, it actually gives us favor to earn a profit. That is why we shouldn't have to become crazy and get worried when the price drop because it recovers again. And this is the reason also that we need to learn to hold and must control our emotions.

Sometimes there are still many people who panic and worry when the price drops and that makes them make the wrong decision,
this is the importance of us to control emotions,
in the face of any condition need a calm so that we can think clearly.

[raidarksword]

Market reacts to every news out there that's why sometimes market is down a bit because of bad news but nothing to be alarm as the market itself will just recover within days which is a pretty normal to view with. Nonetheless, it's also an opportunity to buy some good tokens or coins that will certainly bring growth and price actions towards bull market.