Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Cointalksmilez on June 15, 2024, 11:46:58 AM
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Hey friends, I was on Twitter and saw a post from KOl with some pictures. They're asking us to guess which step we're at right now. What do you think? Where are we in this process?
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Why don't you include the image and Twitter link that you mean, because honestly I'm afraid of making the wrong comment that doesn't match what you mean?
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- Honestly, I don't get your point. What the hell do you mean? because if I were to answer it literally, it would be possible to say that we are not even half way through the bull run that we are facing right now, to be honest. Because obviously, we are still in correction, that can be said.
Then the inflation rates are still there; even if they have dropped a little bit, the US still wants it to be high. That's what I think, and then the Bitcoin price is still not able to progress to 70k or something, so in this scenario, it is still the best thing to do right now.
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Hey friends, I was on Twitter and saw a post from KOl with some pictures. They're asking us to guess which step we're at right now. What do you think? Where are we in this process?
Why have you failed to share this pictures or the link, so we can understand you better. This is a forum where you need to completely express yourself for understanding because if you want to start a discussion and you incompletely express yourself as you have done, you will not be able to attract people to your discussion as you intend to.
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Why don't you include the image and Twitter link that you mean, because honestly I'm afraid of making the wrong comment that doesn't match what you mean?
Honestly, I've read the post over and again and I'm still yet to understand exactly what the OP is actually trying to say, I believe it'll be a lot more better if he's to lay more emphasis on the topic or try to explain better for better understanding.
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Hey friends, I was on Twitter and saw a post from KOl with some pictures. They're asking us to guess which step we're at right now. What do you think? Where are we in this process?
What's KOI I searched it on X but find nothing you should have provided a little more information OP. This is not enough to create a new topic. I mean you are creating a new topic to gather the view of members on it and not providing the full information. That's not nice. I hope you will consider what I am trying to say. Please next time when you will create a topic like this try to include more info that you would be needed when reading a topic like this.
When you create a thread, try to read it as from the side of reader as well. And try to understand what is missing. Currently I think we are at the step of unclear question haha.
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Where we are currently in the crypto market is when the weak hands have to be shaken off from the crypto space because of the correlation market going on in the crypto market.
If you have studied the market closely, you would have noticed that the bitcoin price is declining, like altcoins. Some of the newbies like you would like to sell their bitcoin or other altcoins at a loss price to avoid losing out on their bitcoin investments
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Hey friends, I was on Twitter and saw a post from KOl with some pictures. They're asking us to guess which step we're at right now. What do you think? Where are we in this process?
Are you referring to this account? https://x.com/Koi_BTC?
Unfortunately, I can't find the images that you are talking though, and all the account posts is about strategic partnership and others. So maybe you are referring to different KOI, or if this is the account at least put a link on it so that we are blindly commenting on something here.
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Hey friends, I was on Twitter and saw a post from KOl with some pictures. They're asking us to guess which step we're at right now. What do you think? Where are we in this process?
If you can't fully express what you want to know, you won't get the right answer to your question. The way you have presented your question is not sure what you are asking. But anyway if you want to know about the current market trend then I will say that the market is almost stable at one point. Bitcoin price will hover between 65 and 69. This month will continue like this. We can make a change from the beginning of next month.
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We are in a stage of uncertainty, as there are some reasons that restrain the price from rising, although the long-term trend is bullish. The strong liquidation of the Defi blockchain Ethereum market leads to the sale of Bitcoin, which was being used as collateral, so we may see a test of the $63,278 levels, which is near the 50% retracement level. If this level is not broken, we will return to test $73,777 on March 14.
(https://i.ibb.co/f1hNKDR/BTCUSDT-2024-06-14-20-02-23-638539723802877774.png)
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Hey friends, I was on Twitter and saw a post from KOl with some pictures. They're asking us to guess which step we're at right now. What do you think? Where are we in this process?
The question is kind of vague, and many will agree with me that's for sure. :)
Anyway, I'll try to answer this one based on how I understand it.
Right now, we aren't starting the bull run yet. We just saw the market tumbling down in these past few days, and currently its price is at the $66,000 price range. I don't think that the bull run even started yet. One basis that I'm using whether the bull run started or not already is the people online. If I'm seeing a bit of hype online, or people are saying that "we are in a bull run already" or the like, that might be true. :)
Overall, I don't think that the bull run has started already. Let's just wait for it to happen, I guess.
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They're asking us to guess which step we're at right now. What do you think? Where are we in this process?
Are we still in the bull run right now? I think we are in the retracement period and the bull run you are implying can still be coming. Look, in my view, there was a bull run before the halving but what happened after that could not be categorized as such so we are still in the waiting stage right now...and yes this can be taking some more months than many people may expect. There is a strong possibility that things can be a lot better in 2025 and that it can be the year when Bitcoin and alts will be rising in the market for all of us to enjoy. Right now, things are not what we are hoping them to be and the most important thing is to continue on holding and be a lot patient. In reality, the cryptocurrency market loves people who got the strong vision into the future and will not be easily swayed by what others are telling them. Ibn my years here in crypto, I committed many fatal mistakes and that is why I am still poor...and one of those mistakes was giving my Bitcoin in exchange for a digital asset which turned out to be a real and genuine THRASH. So bad. So sad. For me and I am telling people to not do what I did otherwise they will feel the big regret which I am burdened right now.
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- You saw something on Twitter; why didn't you share it here in this section, even if it was a screenshot of what you were talking about? In order to somehow be appropriate, we will answer here to the topic you raised in this section.
Then, the only important thing for me is that since we are currently bullish, there is nothing we should do but take advantage of the opportunity to accumulate crypto assets that we believe have potential profit in the future.
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No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.
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No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.
From historical data we'll see bull run from 2025. And imo altcoins will bleed more and we might likely see BTC around 50k region this year.
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No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.
From historical data we'll see bull run from 2025. And imo altcoins will bleed more and we might likely see BTC around 50k region this year.
Its the stage of panic selling when the price goes this low. It slike the market is looking to once again dumping. BTC is dipping while altcoins are not.
But I don't really see price diving to 50k. There are less sellers today which is why I'm just seeing price will stay around 60k and maybe dip below quicky and also goes up quickly. Couldn't guarantee whether it goes up either so most likely price will seesaw from here.
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No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.
From historical data we'll see bull run from 2025. And imo altcoins will bleed more and we might likely see BTC around 50k region this year.
No usually after a couple of months from the halving, we will see a rise in the price, so in this case, 2024 is the halving year so before the end of the year, we should see something big happening. Right now it seems that we have some negative news specially the Mt. Gox distribution that really affected the market last month and this month as well.
Nevertheless we still have December 2024 and I do think but that time we might be close to 6 digits already. As for the stage, doesn't matter though, if the price continue to be on sideways then perhaps we could consider this as still a accumulation phase. Which means we can still get and buy at a cheap price before it goes off on a parabolic rise and hits $100,000.
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I think we are entering a bearish-sideway stage. The Mt.gox distribution news FUD is taking it to a lower price point and will likely deepen when the distribution actually occurs. I think you should prepare some more $ to accumulate the bitcoins that those creditors dump away.
BTC is dipping while altcoins are not.
Come on, look again.
I'm not a fan of meme or other shitcoins, but my alts portfolio has dropped over 50% for BTC's 15% drop since the ATH. :-\
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Everyone who respects the history of cycles would most likely think that this the final accumulation stage before the last leg up for this cycle. Now, if you're someone that has a contrarian view, then feel free to hide in fiat and free yourself from he stress of volatility.
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Everyone who respects the history of cycles would most likely think that this the final accumulation stage before the last leg up for this cycle. Now, if you're someone that has a contrarian view, then feel free to hide in fiat and free yourself from he stress of volatility.
Yeah, June is historically a dip month, so most likely we should just continue to accumulate as much as we can in that period. July could be different, however, we have seen the price going down as well from $63k-$60k so that is not a good sign.
Others might pegged their crypto to USDT to stop the bleeding, however, if we will just be a long term holder, then we should just continue to accumulate at this phase no matter what.
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No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.
From historical data we'll see bull run from 2025. And imo altcoins will bleed more and we might likely see BTC around 50k region this year.
Its the stage of panic selling when the price goes this low. It slike the market is looking to once again dumping. BTC is dipping while altcoins are not.
But I don't really see price diving to 50k. There are less sellers today which is why I'm just seeing price will stay around 60k and maybe dip below quicky and also goes up quickly. Couldn't guarantee whether it goes up either so most likely price will seesaw from here.
- In my analysis, I also do not see that Bitcoin will fall to the maximum of 50k$ in the correction we are experiencing now in the market, we are still bullish even if it drops 57 000$. In my opinion, it looks like September onwards will start here that there will probably be an uptrend.
Because according to what I've researched on the history of the bull run, that's what happened when it started rallying in bitcoin little by little in terms of its price in the market. And it's possible that the same scenario will happen again in my opinion.
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Everyone who respects the history of cycles would most likely think that this the final accumulation stage before the last leg up for this cycle. Now, if you're someone that has a contrarian view, then feel free to hide in fiat and free yourself from he stress of volatility.
Yeah, June is historically a dip month, so most likely we should just continue to accumulate as much as we can in that period. July could be different, however, we have seen the price going down as well from $63k-$60k so that is not a good sign.
Others might pegged their crypto to USDT to stop the bleeding, however, if we will just be a long term holder, then we should just continue to accumulate at this phase no matter what.
I think we are still in a consolidation phase where investors are in accumulation and based on my observation if there is a breakout either down or up then a possible trend will follow whether it is downtrend or uptrend and that will I think is a sign of an entry if there really is confirmation so yeah hold or DCA.
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No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.
Nobody will be in desire to buy any coin that is not worthy and no one will want to sell his coin at lower worth to minimize his invested amount therefore one should just read the market situations and if he cannot identify the accurate coin then he should invest in top coins only.
The market is still not performing well due to which the price of Bitcoin and altcoins are very low so it can be considered as a good moment to buy some potential coins to take advantage after initiation of bull season which will take little time to happen.
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Whatever it's called, we're in the phase that everyone is still given time to buy. Because if no one will take these moments as opportunity, many of you are going to miss it. Whoever makes these posts on X, they want your engagement. But it's a timely discussion, accumulation phase or not, you take advantage of the dip whenever you can. If not, you just have to look at that phase until we reach back to the peak.
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No one will buy or sell altcoins at a loss, so get rid of anything that hurts you. If you study the market closely, you will notice that the price of bitcoin has increased several times over the past. But it's clear that we haven't seen the bull market yet so you can buy top altcoins considering this time. So far the price of altcoins is going slow in the market so don't want to sell bitcoin or other altcoins to avoid loss rates.
Nobody will be in desire to buy any coin that is not worthy and no one will want to sell his coin at lower worth to minimize his invested amount therefore one should just read the market situations and if he cannot identify the accurate coin then he should invest in top coins only.
The market is still not performing well due to which the price of Bitcoin and altcoins are very low so it can be considered as a good moment to buy some potential coins to take advantage after initiation of bull season which will take little time to happen.
If the market is having strong movement to the downside, I don't think it's good to buy. We retail traders can't make any movement in the market by ourselves especially in huge marketcap coins such as Bitcoin, only the Institutions and whales can make a great move. So instead of buying when the price is falling, how about buying when the price is starting to move upwards, I think that's the best time to buy especially when investing.
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Op, from the look of things, we have net yet entered into the bull run which you are anticipating. We are still at the price correction stage which happens after the halving before the bull run starts. So we are likely to see the dump and sideways trend now, and when we finally arrive at the bull run, we'll be experiencing a drastic pump from the price of Bitcoin, though altcoins may also participate in the bull, so if you feel like diversifying you can do that, or if your prefer just hanging on with Bitcoin then that is also the a nice idea. Don't get freaked by the current dump it will be over sooner or later.