Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on February 28, 2021, 09:04:49 AM
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We are experiencing some big dip right now and of course we know that this can be so normal in this very volatile market...with some saying that a deeper dip can be in the making and that we should be prepared and not be caught by surprise. I am sure that the beats are waking up, and it is all up to the market to determine if we can have the company of the bears soon or will the bears be thrown back to where they belong...to the North Pole.
So what do you usually do during this stage...do you parked your cryptos in USDT or any stablecoin for the time being or maybe you are brave enough to just let the whole thing through?
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Everything goes to the fact that it looks like soon the cryptocurrency market will collapse again and there will be a long correction, and therefore I have already prepared for this and sold almost all cryptocurrencies from which I have already received a good profit and now I will just hold everything in stable coins such as usdt and dai and now we have to wait and hope that this correction will end very quickly.
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According to the forecasts of some experts, if in the near future the bitcoin exchange rate does not hold in the corridor of 45-48 thousand, then it is very likely to go to 30 thousand. But I think that we all understand that growth could not be eternal. And the correction in this case is very useful.
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We are experiencing some big dip right now and of course we know that this can be so normal in this very volatile market...with some saying that a deeper dip can be in the making and that we should be prepared and not be caught by surprise. I am sure that the beats are waking up, and it is all up to the market to determine if we can have the company of the bears soon or will the bears be thrown back to where they belong...to the North Pole.
So what do you usually do during this stage...do you parked your cryptos in USDT or any stablecoin for the time being or maybe you are brave enough to just let the whole thing through?
Definitely in this type of market, I would have all my crypto assets into stable coins and wait out what the next step the market would take. I have never really been a day trader so it is not my place to mostly start to trade the small ups and downs but once I see that there is a good confirmation in the direction of the market, I can buy back in. This has worked for me over the time and I don't see any reason to change ;D :D ;D
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I now transfer all coins to trc20 usdt. I do this in order to be calm. Since now I have no idea how the market will behave, either there will be a pump or there will be a dump.
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I now transfer all coins to trc20 usdt. I do this in order to be calm. Since now I have no idea how the market will behave, either there will be a pump or there will be a dump.
I also have the same thing as you, but I started buying other altcoins at low prices, if this situation continues, then it's almost the same as in 2018 when all investors made a profit, then they leave and come back again when the BTC Halving will start, I hope that doesn't happen as I want to see Bitcoin hit the price of $100k this year
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It seems to me that we are approaching a bear market, as all coins are slowly beginning to correct in price and I think that soon will be a global market correction
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I still buy altcoins, but just a small amount. I only buy when I have extra money. As for now, I'm still searching for a profitable coins so I can invest higher amount within this year.
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In this situation of bear market I think the best solution is ability to control your emotions and fears because this is a critical moment of Cryptocurrency market going down on daily basis,if you can't control your fear now you may loose your fund or probably sell at lost.
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At present, it is just a callback, waiting for the market to calm down. At present, we can consider switching to stable coins and waiting for the market to buy again.
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At present, it is just a callback, waiting for the market to calm down. At present, we can consider switching to stable coins and waiting for the market to buy again.
This is killing me, I have tokens that I do not understand what course they will have, they were not pumped or dumped. I don’t even know what to do, or wait a couple of days, or take profit.
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I think we are in bull market for a long time. It is good to see some bearish movement. I always like bear as a opportunity of new investment. This gives us the chance to invest so that we can make profit.
Take Bearish market as a opportunity time to make $$$
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Even if the bear are thrown to where we all think they belong.. The North pole, for how long are we going to continue holding them there, the law of gravity which says that whatever goes up must surely come down will always take its place, so I think the best thing to do during the time of the bears is.. For those who are afraid to see their coin or token loose so much value, it's best they convert to a stable coin but for those who don't care, can still leave their investments as it is as its possible things might turn around any time any day without anyone knowing.
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This correction is still only about 25%, and I think it is necessary to keep the market stable, the NUPL has dropped, which is great for the market before a new bullrun.
In addition, I think that it is the drop in the price of BTC that is causing altcoins/fiat rates to drop seriously, however the altcoins/BTC rate is still very stable and volatile in a understandable way. I think bullrun won't end so short, it's too early to hand the market to bearsleep :)
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This is a very big question for traders and the entire community of cryptocurrency investors. The market is dipping and frankly its causing a lot of panic among investors, a lot of experts have postulated that this is just an healthy correction that has been expected by a lot of experts after the recent upward price action. I will only sit back, fold my hands and watch how things unfold in the near time.
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This is a very big question for traders and the entire community of cryptocurrency investors. The market is dipping and frankly its causing a lot of panic among investors, a lot of experts have postulated that this is just an healthy correction that has been expected by a lot of experts after the recent upward price action. I will only sit back, fold my hands and watch how things unfold in the near time.
I guess they are right because bitcoin has see about 2.3% recovery in the past 24hours along with other cryptocurrencies too. Like many of the analyst have said, this correction was expected and if you know when you invested, i guess that would give you some sort of courage and if you have already taken profits before this whole roll back. I believe even if not 100% yet confirmed yet, the market looks up trend again.
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No doubt the dip is big and even dreadful but we can not say sure shot that bears are waking up on the contrary I consider it a correction phase of the market as the market did not make a correction for a long time. I don't convert my coins to any stable currency some time you have to take risks and trust in your holdings.
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it looks like soon the cryptocurrency market will collapse again and there will be a long correction,
What do you mean by "collapse"? Bullish and Bearish will be always there, they happen alternately, it is how the crypto market work. Even if the bearish will come soon, it doesn't mean the crypto market is collapse. Also, you still can take profits in the bearish season. Just choose the proper way to survive in the bearish. So, don't be too worried about the bearish.
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We are already rather tired of bears .. Few make money in such a market. Let's hope that 2021 and 2022 will be exclusively bullish for us.
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If we are trapped in a decline in the price of Cryptocurrency or assets that we have, then the only way to secure it is to keep holding and don't sell cheap, because volatile Crypto still provides an opportunity to increase prices even though it's for a long time. Keep hold, be patient and don't sell cheap.
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Yeah, as many parties predicted that March is related to the bearish market. However, this may be not too long a bearish market. Let's wait what will happen the next month. I still believe that the bearish is likely a bear trap, this is only a few moment dumps and ready for thenext jjump. But this is only my expectation ;D
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It will be very blessing if the bearish market will end soon. I really hope that this year will be the best year for Bullrun market. Altcoin season is not started and the bearish is coming. This is so sad. Some of my coins are still held tight because of the high down price
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I don't think we will see the bearish very soon, bro. We have a correction but it doesn't mean a bearish or the sign of bearish. There are still many signs for the continuation of bullish this year. I am pretty sure that after the current big correction, we will see an altcoin season or another big pump in Bitcoin.
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I don't think we will see the bearish very soon, bro. We have a correction but it doesn't mean a bearish or the sign of bearish. There are still many signs for the continuation of bullish this year. I am pretty sure that after the current big correction, we will see an altcoin season or another big pump in Bitcoin.
BTC is really looking poised for another upward price action. So far i would say that the market is stable since there has not been any major dump since after the recent ups and greens, we only had a price retracement which everyone will agree that its healthy for the market.
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The bear market is coming slowly and no one knows when that situation will come, all I see is a correction in the crypto market because currently Bitcoin price is rising above $ 51k and it looks good.
The staking program will be my choice so that I get my monthly income from the coins I hold.
There is no need to worry when holding Top coins and remain confident the market situation will recover
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The market is showing traces of the bear,this is just the response to the market as it's gaining some adjustments, this corrections tends to make the market value stable and even dump. We just overcame the bear and sincerely we need the bull. To save you coin from the fluctuations i suggest you sell them into stable coin.
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Maybe after April. But we have not seen a real alt season yet :) We need some more time to accumulate money for the next 4 years lol.
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I am not sure about how this can make the market be altcoin season? We can set tends here and also having a really good time for the condition of the next market. We can see many coins are coming. It includes also the program offering
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Maybe after April. But we have not seen a real alt season yet
We don't know when the bearish to happen because it is rather hard to predict it. But you are right if the real altcoins season seems not happening yet. It means there will be an altcoins season this year, so just keep positive thinking about it. The market is still running well for the upcoming real altcoin season.
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By looking at the current market situation I save my assets to USDT, and invest 50% to find daily profit if possible, I am afraid BTC will rapidly drop to 30K $ again, because I don't have enough time to look at the market every day.
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By looking at the current market situation I save my assets to USDT, and invest 50% to find daily profit if possible, I am afraid BTC will rapidly drop to 30K $ again, because I don't have enough time to look at the market every day.
In recent days, the price of bitcoin has been steadily growing again and now stands at $ 54,162, and ethereum $ 1,836. Therefore, no bears are foreseen yet. It seems that there is another wave of price growth in the cryptocurrency market and this time Bitcoin may set new price records. We will be able to see this in the coming days.
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I don’t think the market has the bear’s position yet the market is already in a good position and the prices of currencies are rising the price of bitcoin has gone up a lot and the price of ethereum. The price is going to increase further We have to wait patiently for profit not despair.
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I don’t think the market has the bear’s position yet the market is already in a good position and the prices of currencies are rising the price of bitcoin has gone up a lot and the price of ethereum. The price is going to increase further We have to wait patiently for profit not despair.
Even since some people have been screening the Bears are here, i just know that this might not be the case because if you have been in the crypto space for some time, you would know that there is always the correction period which obviously we have been going through and like you said, it is clear now that the bulls are not here yet and the market is still going in an upward trend and we might see $60k BTC soonest :D
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After a short correction, Bitcoin went up again. Following it, ETH and other coins began to grow. So, in the short term, it is possible that an increase is planned to a level that we have not yet seen. When will this happen?
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It seems the bulls are not yet done in the market so the bear needs to chill and wait for bulls to be done, today's price movement shows that the it could be the market is still bullish and anything can happen.
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Right now, market pressure is going up, not down, and if enough money comes in, we could see another ATH. It is still too early to say because the total capitalization does not seem to rise very fast to see a new ATH in a few days, but if it continues as in the last hours we could take some surprises. I hope I'm not wrong this time :o
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I hope the bearish won't come very soon and the bullish trend will continue longer time. The sign of bearish will be always there but I think it is still a small sign. Now what is happening in the market is just a correction after a big increase. So, it is still in a bullish trend, the bearish sign isn't so strong now.
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On average, the bear sleeps for about five to six months from October - November to March - April. I hope the bears will sleep for a long time and will sleep this whole year without waking up.
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It is very dangerous to be a bear in such a market. Better to stand on the sidelines. Since now bitcoin is only testing new highs, it is very dangerous to assume that there will be a reversal right now even if the indicators show overheating.
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It is very dangerous to be a bear in such a market. Better to stand on the sidelines. Since now bitcoin is only testing new highs, it is very dangerous to assume that there will be a reversal right now even if the indicators show overheating.
I believe if you \re not already in the market, Like you said, it is better to hodl on and confirm that Bitcoin will continue to go up in a few days even though Bitcoin is still Bullish in the 1hr, 4hr and Daily EMA Ribbon chat and also flashing a bit of reversal.
1hr
(https://i.imgur.com/wcw0AB6.jpg)
4hrs
(https://i.imgur.com/Hqrg5Uf.jpg)
1Day
(https://i.imgur.com/dqkKyUS.jpg)
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Btc has recorded another ATH of $61k yesterday and there are still chances it will go even higher to the $100k prediction of this year, I don't think what we have experience this few days was a sign of bears waking up, it was a correction phase and opportunity for us to buy btc at low price but as always many of us were afraid and didn't buy.
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If I see the market that all cryptos experiencing a huge dump then it's time for me to convert it into USDT.. Now seems it's not yet bear but we should prepare this will happen anytime because since the last year the market was starting to grow and now still continue especially bitcoin. Who knows that one day the dump is starting, just be prepared.
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After some time bitcoin sideway many thought the bearish would arrive soon. On the other hand, bitcoin price after sideway rises back to $ 60k.
Maybe this year bearish will arrive later than last year.
In the current situation we have to look for opportunities to get more profit by buying stable coin such as altcoi. Because i think altcoin season isn't here yet
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Those dips are necessary in every move in thé market and it helps thé Price to go higher and higher After thé accumulation so its Always a good move to hold some usdt to buy more in those cases...
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Now the market is still going up. I think the bears can still calm down and wait a little while until the hike ends. But anything can happen in the market. I wish the market a good surprise.
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The market is still very bullish and it is very dangerous to enter a short position now. Moreover we shouldn't do this now when money will soon pour into the market that is distributed by the governments of the us and europe.
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If every time Bitcoin receives a correction people are going to think that we are about to enter a bear market you are going to spend your life scared. These corrections are necessary and healthy and have nothing to do with a bear market, if nothing strange happens, after this correction and some more we could see Bitcoin between $70,000 and $75,000. Let's calm down a little.
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I wonder why people start to panic by starting to predict a bearish trend in the cryptocurrency market. It has been repeatedly reported that a correction is inevitable with every bear market. In addition, the market correction manifests itself many times, especially when cryptocurrency users fix their profits.
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There is time for every thing, a certain for bull run, and may be a few periods for bear market in 2021. However, the Bear market may not happened so long just like in the past, but I considered most of these red candles are times of the market correction or price deep, and this situations are expected and they are normal.
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I wonder why people start to panic by starting to predict a bearish trend in the cryptocurrency market. It has been repeatedly reported that a correction is inevitable with every bear market. In addition, the market correction manifests itself many times, especially when cryptocurrency users fix their profits.
I think It's just correction, As you said we will see several people start to panic and said the bullish is starting to happen. I don't agree with in..I think We will see the bullish at the middle this year. I believe it.
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I wonder why people start to panic by starting to predict a bearish trend in the cryptocurrency market. It has been repeatedly reported that a correction is inevitable with every bear market. In addition, the market correction manifests itself many times, especially when cryptocurrency users fix their profits.
I think It's just correction, As you said we will see several people start to panic and said the bullish is starting to happen. I don't agree with in..I think We will see the bullish at the middle this year. I believe it.
Like wise, I don't even believe it will be in the middle of the year but I believe in the forth quarter of the year. Definitely people will panic even me too ;D but I have learn to hold myself since i believe this is just a correction but also we want to make profits even with this small or medium corrections.
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At the beginning of March I thought that the bear market is waking up, but then everything went back to normal and the bull did not give its place to the bear, it is very interesting how long the bull market will last
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@Vladok I think we will continue to see what you have said for a long time. It seems that this year 2021 is not going to let the bears do what they want, Bitcoin reacts in a matter of hours to the corrections and the money continues to enter the global capitalization, not much, but it keeps coming, so I don't think it will take us long to see a new ATH.
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The bears are already it's over 4momths plus there's still a bull run and it doesn't seem like it's gonna end anytime soon, I don't count correction as bears waking up because the bears are already dead its just the nulls remaining, whenever there's a correction just buy the dip, sit back and wash your portfolio grow.
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At the beginning of March I thought that the bear market is waking up, but then everything went back to normal
Yep, everything was normal and the drop was just a temporary correction. There was no sign of bearish till now, what people predicted to see the big correction in March was also not true. Only 3 days left, we will go to April, the month that people think will be much good news. I hope it is true if in April, the market condition be better.
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Bears or bulls, I have already made up my mind to stick around. I am now more prepared for each eventuality than how I was 3 years ago. I comes with the experience
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Although during the period of Bitcoin price growth over the past four months, some altcoins have shown a good price result, but in the future, after Bitcoin gets tired of rising up and stops, I still look forward to a good altcoin season. Perhaps it will be in May-June or already in the fall, after ethereum solves its problems with high transaction fees on its network.
So far, there are no signs of a general decline in the cryptocurrency market. Now bitcoin has begun to rise again and has a price of $ 57,851. Following him, altcoins traditionally turned green. So far, everything is optimistic and no bears have been observed.
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At the beginning of March I thought that the bear market is waking up, but then everything went back to normal and the bull did not give its place to the bear, it is very interesting how long the bull market will last
Me too, I thought bear market will occur at the beginning of March, but my own prediction with unreliable basis didn't happen. 2021 really a different year where the world experiencing pandemic while Bitcoin is blooming which I think some are in opposite position.
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At the beginning of March I thought that the bear market is waking up, but then everything went back to normal and the bull did not give its place to the bear, it is very interesting how long the bull market will last
Me too, I thought bear market will occur at the beginning of March, but my own prediction with unreliable basis didn't happen. 2021 really a different year where the world experiencing pandemic while Bitcoin is blooming which I think some are in opposite position.
No, I don't think about bear market will happen soon mate. I see bitcoin and altcoins still have shown good performance, Maybe they seem struggle but It's just corrections. Crypto will go to the moon at this year.
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Now there is a lot of positive news from PayPal and VISA, so I think that the bears are gone for a long time. I think we have some good months ahead for altcoins and bitcoin.
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We are experiencing some big dip right now and of course we know that this can be so normal in this very volatile market...with some saying that a deeper dip can be in the making and that we should be prepared and not be caught by surprise. I am sure that the beats are waking up, and it is all up to the market to determine if we can have the company of the bears soon or will the bears be thrown back to where they belong...to the North Pole.
So what do you usually do during this stage...do you parked your cryptos in USDT or any stablecoin for the time being or maybe you are brave enough to just let the whole thing through?
Well, I came through a post here in this forum, which gave me some deep insights about the myth in the bulls and bears of the crypto market, it might not really be 100% correct, but am sure it has some facts in it.
The big time investors (billionaires) buys during the deep, and does not sell, rather they hold and buy more, while the millionaires sell in other to take out their profits from the market. At this current time, if we look from the perspective of Tesla Elon Musk who is now receiving bitcoin as a form of payment. He is not converting these payments to fiat, rather leaving it in bitcoin, so as to accumulate more and more bitcoin before the price becomes very high.
For me who is not a big time investor (low capital for investment), when there is a deep, I'll just push my profits to USDT or any other stable coin so as to avoid any losses in the market. This is a form of keeping profits at the safe side.
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There's no bear season in sight in my own opinion, all we have is just bulls :D, for now it seems the bears are sleeping, consisting that alot of them have lost their billions of dollars trying to short bitcoin which isn't going down this time, since there are more buys than sells, the bears might wake up later but for now the market is extremely bullish.
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2021 will bring us many more surprises. Manipulators were preparing for too long in order to quickly finish .. The bear season is now not interested in anyone.
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Everything goes to the fact that it looks like soon the cryptocurrency market will collapse again and there will be a long correction, and therefore I have already prepared for this and sold almost all cryptocurrencies from which I have already received a good profit and now I will just hold everything in stable coins such as usdt and dai and now we have to wait and hope that this correction will end very quickly.
But I think the majority of the altcoins are prepared at this moment, where most of the coins now even the price of Bitcoin was continuously rising in the market there are still some coins also pumped their price as well for them to survive in the crypto space business. And good for you too that you are already prepared on this matter anyway.
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I think we are in bull market for a long time. It is good to see some bearish movement. I always like bear as a opportunity of new investment. This gives us the chance to invest so that we can make profit.
Take Bearish market as a opportunity time to make $$$
I think many people already waited the bearish to buy more coin, It will happen several time, but I think Its just corrections, not bearish. I believe we will see the bullish at this year and we will get the big profit
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I don't always count those kind of dips as bears waking up, I think those are just normal market corrections, which usually happens when they is a huge surge in the price of anything, there's bound to be a retrace ment in other to keep the market in check,so there's always go to be a dip after a pump.
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Crypto market experienced a meteoric rise during 2021. While these fundamentals are incredibly promising for long-term prospects, there are a number of indicators likely weighing on the current uptrend. This does not mean the price will necessarily fall, but they are signs that a cooling-off period is overdue.