My worry is the moment that this is the beginning to the bearish market. I hope the decline is not the step to get into hard dump instead the last moment to experience green land to see the major coins in up trend.
Hope everyone is watching CoinGecko & Coinmarketcap, BTC price has been pushed up from $29.3K to $32.8K just today, I think this is a signal for the official market recovery when the $29K bottom is tested 1 more time.It was on July 20, when this topic was created, that bitcoin fell in price below $ 30,000 and it seemed like a continuation of a further fall in prices in this market. However, the very next day, prices began to recover and grow again, and for the second day the price of bitcoin is about $ 32,000. So far, this can be called a stagnation in prices after a sharp drop, and this is slightly better than a continuous decline.
The market is covered in green, I bought more BEAM and BTT at the bottom price, hope to get some profit from this investment.
My worry is the moment that this is the beginning to the bearish market. I hope the decline is not the step to get into hard dump instead the last moment to experience green land to see the major coins in up trend.
We are hoping that this will eventually pass and can be temporary because if the bears will be fully taking over the market, it can be taking many months and even years for the bulls to get back into the action...based on what happened in the past. What I am banking on is that there are many good news on the horizon for institutional adoption and money continues to pour on many big projects under well-known and well-moneyed organizations and personalities. We are now crossing our fingers.
Yes exactly. The price of Bitcoin is going down again and again and this really gives big influence to the altcoins so far. We know that many FUD is spreading in order to take down crypto especially Bitcoin. There are so many people that hate BTC, especially every tweet from Elon Musk, it really hurts
Don't panic too much because the market is going down because it's still normal and this is really very good for my own life and this is the right step to buy more coins so that they can be pumped in the future.
I hope that all of the cryptocurrency traders understand exactly what happened to this miracle because I am sure those who have experience will understand very well what long-term investment means.
Don't panic too much because the market is going down because it's still normal and this is really very good for my own life and this is the right step to buy more coins so that they can be pumped in the future.right, actually if it's bitcoin whenever you buy, it won't have an impact because in time it will increase more than when we buy it. but it's different for altcoins, proper analysis is needed when buying, because it could be that the coin at that time is no longer in the market. If it's an altcoin, it's better to just buy the one with the best ranking.
I hope that all of the cryptocurrency traders understand exactly what happened to this miracle because I am sure those who have experience will understand very well what long-term investment means.
The less experienced traders (newbies) are the ones who still freak out when the global market falls. Having no experience from previous years, they believe that everything will go to zero and many sell instead of trying to buy cheaper, it is something that some learn late and others never learn. We must seize this opportunity and fill our bags as much as possible.It's normal that everyone will always panic when they are under pressure, but as you said, experience also determines that the person is able to reduce it so as not to take actions that should not be appropriate that will result in losses. indeed sometimes opportunities come suddenly and if we are not ready then the opportunity can be lost, continue to learn is the most important way.
It's normal that everyone will always panic when they are under pressure, but as you said, experience also determines that the person is able to reduce it so as not to take actions that should not be appropriate that will result in losses. indeed sometimes opportunities come suddenly and if we are not ready then the opportunity can be lost, continue to learn is the most important way.
The market can be described as a ship going down and down and down. We have been hoping that maybe there can be some surge within this week, but I think the market is not responding as major cryptocurrencies suffered many big red days...and there is no assurance yet that a big rebound can be possible in the next following days.
Now, don't get me wrong. This is very normal with the cryptocurrency market. As the saying goes...we have to survive the dip so that we are worthy to experience the upward movements later.
What is your feeling with this cryptocurrency development - just shrugged it off and just watch or sell your portfolio to get into something else?(https://www.incimages.com/uploaded_files/image/1920x1080/getty_518897996_361691.jpg)
And beside having some patients, there are times where the market go down, fortunately, as 25th of July, 2021, the market has gradually moving up, though many that bought during the lowest price on the bear periods at round ($29k to $31k )are taking profits. The crypto market is ups and down and this give the experienc and patient crypto enthusiasts a good profit.Exactly, this is why when the market goes down during a period, we shouldn't really complain much because this is an avenue to buy and once it rises again with some percentage, that is profits for you but I guess investors just believe that once the market is not going up, it's dooms day.
I think if you should have more money you should buy some coins and you should wait for it for some time and definitely they will give you much benefit. As we can say patience is the key element in trading. So, be patient.
First of all you should keep calm mate because we can see many up and down in the market as it is a part of trading and another thing i will tell you that you should buy at the dip and wait for it. Keep patience is the key to success ion trading. And most importantly, you have to predict it in a right way.