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Author Topic: The Red December  (Read 2647 times)

Online TomPluz

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The Red December
« on: December 06, 2021, 04:52:21 AM »


Red is usually the color associated with happiness, festivities and celebrations and this is the main color associated with the year-end holidays as Christmas and the new Year are both approaching making us say goodbye to 2021 and welcoming the year 2022.

Yet, the cryptocurrency market is also now experiencing its big RED period and this is quite possible to be the main mood we can see this whole of December.

Do you think RED can be the pervading mood into the 1st quarter of 2022?

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The Red December
« on: December 06, 2021, 04:52:21 AM »

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Offline Master107

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Re: The Red December
« Reply #1 on: December 06, 2021, 04:57:31 AM »
Red in crypto is bad for small ones. But happiness for whales and manipulator as they can collect potential coins as much as they can while some are devastated and in great lose.

2 sides is always present and never leave in this crypto ecosystem. The lose for one is the gain for another.(vice versa).

Whatever, everyone should always be prepared to deal red days or green days accordingly.

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Re: The Red December
« Reply #2 on: December 06, 2021, 06:20:52 AM »
The red color in the crypto market has a good impact on being able to see which coin survives, Bitcoin -10% and I believe when this happens investors who have a lot of money will buy because they have a long term investment goal. on the other hand, investors who still have doubts about Bitcoin and other altcoins, they will sell them for fear of the same thing happening as in 2017.

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Re: The Red December
« Reply #3 on: December 06, 2021, 07:46:49 AM »


Red is usually the color associated with happiness, festivities and celebrations and this is the main color associated with the year-end holidays as Christmas and the new Year are both approaching making us say goodbye to 2021 and welcoming the year 2022.

Yet, the cryptocurrency market is also now experiencing its big RED period and this is quite possible to be the main mood we can see this whole of December.

Do you think RED can be the pervading mood into the 1st quarter of 2022?

Red in December ,I think It's just correction. Big correction before we will see the big bullish at the end of this year.
So, No worries about crypto market.
We should always optimistic and believe crypto will have great future.
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Re: The Red December
« Reply #4 on: December 06, 2021, 08:00:34 AM »
I don't think red will be the dominant color in the cryptocurrency market in the next few months. We see that after the last sharp drop in prices, the cryptocurrency also began to rise almost immediately. Most likely, this fall is short-lived. At the same time, a similar situation may be repeated and the market may remain unstable.

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Re: The Red December
« Reply #5 on: December 06, 2021, 09:40:17 AM »
A red in crypto signify bad market conditions, a situations where Bitcoin/altcoins has gone dip, correction or bearish. I don't think it is good period to all cryptocurrency enthusiast as it reflect a dip concerned about a market loss, and it also when some smart buyers/investor take advantage of market situation to buy more coins/tokens. Red may be for celebration as per Christmas season but not for crypto users excitement.

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Re: The Red December
« Reply #6 on: December 06, 2021, 10:40:07 AM »
yes of course red can be in the mood until the first quarter of 2022, of course, always keep our optimism that the market will soon be good and the cloudy sky will be replaced by a clear sky
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Re: The Red December
« Reply #6 on: December 06, 2021, 10:40:07 AM »


Offline TOP_ETH

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Re: The Red December
« Reply #7 on: December 06, 2021, 10:56:05 AM »
must be optimistic that the market will improve and get a good price on the market and become a memorable new year momentum for crypto people
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Offline Review

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Re: The Red December
« Reply #8 on: December 06, 2021, 01:33:37 PM »

Don't talk about it mate because my portfolio went down to -2x already. I did not expect that the market will went down after i bought some altcoin for short term condition. The day after I have bought this, everything become shit. Anyway, I think this is the best time to do DCA but still we may need to wait little bit because who know we may see another rely on bitcoin and it went down to 30k again.
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Offline shadowdio

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Re: The Red December
« Reply #9 on: December 06, 2021, 02:42:50 PM »
Red market for me is an opportunity to buy some cheap cryptos and make money in the future but not in this month because I really want to make profit before the holidays. Hopefully this down price is just temporary and the market will recover in following days.

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Re: The Red December
« Reply #10 on: December 06, 2021, 02:56:42 PM »
IMO, I think for Christian believers Red is the color for Christmas it is, but for other religions im not so sure, Anyway, I believe that this crypto market bloodbath is here to stay longer because of a long bearish sentiment that was prevailing in the market nowadays, But in the question that if this bloodbath will continue further in the first quarter of 2022 I guess its yes.

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Re: The Red December
« Reply #11 on: December 06, 2021, 03:27:04 PM »
Red is good only for those who have the backup money to buy more in this dip. Basically, most of the traders who are holding lose a good amount of profit in the current dip. Hopefully, the next year's green market will bring prosperity to all of us till then we have to remain patient. I also feel the market will remain like this in December due to the holidays.

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Re: The Red December
« Reply #12 on: December 06, 2021, 03:56:47 PM »
Red is good only for those who have the backup money to buy more in this dip. Basically, most of the traders who are holding lose a good amount of profit in the current dip. Hopefully, the next year's green market will bring prosperity to all of us till then we have to remain patient. I also feel the market will remain like this in December due to the holidays.

Well, red is always good for them that have free money to buy more.
I see several investors starting to buy more at the correction time.
I agree with this, It's the right time to buy.
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Offline Bliznec

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Re: The Red December
« Reply #13 on: December 07, 2021, 10:00:09 AM »
I don't think red will be the dominant color in the cryptocurrency market in the next few months. We see that after the last sharp drop in prices, the cryptocurrency also began to rise almost immediately. Most likely, this fall is short-lived. At the same time, a similar situation may be repeated and the market may remain unstable.
In December, everyone sells bitcoin to buy delicious spices for the holiday table. In Q1 2022, I expect the price of BTC to rise, as the mark was red in December. This will happen very soon, I am waiting for Bitcoin at $ 100k.

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Re: The Red December
« Reply #14 on: December 08, 2021, 05:55:43 AM »
Red market for me is an opportunity to buy some cheap cryptos and make money in the future but not in this month because I really want to make profit before the holidays. Hopefully this down price is just temporary and the market will recover in following days.

As always, when the market can went dip this is the best opportunity to get into something and when the market begins to rise we can also see that we made the good decision of using the deep dip to get more of our favorite coins. This has been the cycle ever since I can remember though of course if your portfolio went down there is nothing to celebrate but get into the waiting game. Red is not always the color of the market as we know that there comes the green afterwards.

 

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