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Author Topic: Another bear?  (Read 7254 times)

Offline Freemind

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Re: Another bear?
« Reply #30 on: February 24, 2021, 11:58:25 AM »
I think the same as you @ice18, we have yet to see a "big" correction for it to gradually grow back, it may not be as big as the percentage you mentioned, but I don't think it will take long to see. But let no one panic and believe that we are going to a bear market because for now it will not be like that.
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Re: Another bear?
« Reply #30 on: February 24, 2021, 11:58:25 AM »

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Offline eldial

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Re: Another bear?
« Reply #31 on: February 24, 2021, 01:50:46 PM »
As this moment it is not time to find another bear becaus you look at the exchanges the bitcoin and altcoin fight remain stronger in terms  of value in the market the cryptocurrency will no longer to worried and another bear.
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Re: Another bear?
« Reply #32 on: February 24, 2021, 02:41:50 PM »
This is just a correction in the market. We need to be patient. Bitcoin prices will come back in a few days. Such a callback is very healthy for our market. 8)

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Re: Another bear?
« Reply #33 on: February 24, 2021, 04:42:58 PM »
Bitcoin price has risen without stop and I think this is a necessary correction, the market needs to adjust before continuing the rally. Corrections like this are common in the crypto market.

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Re: Another bear?
« Reply #34 on: February 24, 2021, 05:47:01 PM »
I hope that this is just a correction and it will go up again, don't let the fear of this quite a lot of losses repeat itself, it is also possible that the whales deliberately slammed the price first, in order to enter new investors,
just my opini

I agree, that thisis a correction, for the early investors, to get their profits. Slowly big institutions are coming in. I cannot predict an All Time High price, but I think this bull run, will last for long.

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Re: Another bear?
« Reply #35 on: February 24, 2021, 06:15:37 PM »
For sure this is just simply a correction. A correction that the whales chance to gather the weak hand funds by selling their coins during dip while they(the whales)  are buying during dip and traders who knew the market ways are surely one of the silent gainers.

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Re: Another bear?
« Reply #36 on: February 24, 2021, 07:03:25 PM »
Cryptocurrency prices have been rising for the past few months, especially in December / 2020 and January / 2021. The prices of several cryptocurrencies have already multiplied. Now for the last 2/3 days the market has been undergoing major corrections. I think the crypto market will stabilize again after this amendment.
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Re: Another bear?
« Reply #36 on: February 24, 2021, 07:03:25 PM »


Offline Phu Juck

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Re: Another bear?
« Reply #37 on: February 25, 2021, 02:15:43 PM »
It is likely to be just a temporary correction, I would not sell. If we have still money, we can try to buy cheaper now before it goes back up.
Small corrections are important and also happened last bull run. I saw a graphic of at least 6 or 7 corrections of around 25%, so very normal.
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Re: Another bear?
« Reply #38 on: February 25, 2021, 02:37:39 PM »
I think the same as you @ice18, we have yet to see a "big" correction for it to gradually grow back, it may not be as big as the percentage you mentioned, but I don't think it will take long to see. But let no one panic and believe that we are going to a bear market because for now it will not be like that.

After some heating of the cryptocurrency market, there is that need for some correction and this is actually considered by some experts to be healthy. And crypto enthusiasts should be using the stage of dip to make more buys, and I am sure some funds are doing this right now. Days from now, we can hear some news of big buys from big investors. And then we can see that the crypto market is rising again. And this same cycle can be happening from time to time, so there is really no need to panic sell.




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Re: Another bear?
« Reply #39 on: February 25, 2021, 03:08:37 PM »
I think a major correction in price of Bitcoin is coming soon. But if we talk about the long term price of bitcoin, it will hit 1,00,000$ soon. Because a major correction is very important to take another flight. Bitcoin price makes a All time high record 58400$. And for a few weeks now it has not been able to keep up with the price and is coming down.

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Re: Another bear?
« Reply #40 on: February 25, 2021, 04:16:10 PM »
I think a major correction in price of Bitcoin is coming soon. But if we talk about the long term price of bitcoin, it will hit 1,00,000$ soon. Because a major correction is very important to take another flight. Bitcoin price makes a All time high record 58400$. And for a few weeks now it has not been able to keep up with the price and is coming down.
Of course, I completely agree with your opinion, since this is a mudron assumption. The correction is always caused precisely by the fact that cryptocurrency users want to consolidate their profits and immediately after a price decrease, they buy the same asset again at a cheap price, and then the price goes up again. It is quite possible that this year we can see even more than $ 100,000.
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Re: Another bear?
« Reply #41 on: February 25, 2021, 04:22:03 PM »
In my opinion, now crypto is very difficult to predict. The rise and fall began to run beyond the existing theory. So it becomes increasingly challenging to invest in crypto.
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Offline elbans89

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Re: Another bear?
« Reply #42 on: February 25, 2021, 06:11:05 PM »
Hello guys, the cryptocurrency world have witnessed an upturn in fortune in the last one month or so, turning a market cap of 2 trillion USD. Now suddenly we are witnessing red candles, giant long ones. What's going on? Is it a massive correction or are the dreaded bears upon us?

Keep calm mate, It's just correction. Crypto currency is unpredictable. I don't believe the bearish will happen soon. I think Bitcoin and altcoins will have bullish season at this year and will touch new ATH.
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Re: Another bear?
« Reply #43 on: February 25, 2021, 11:49:41 PM »
No, it is not a bearish, only a correction before the next jump schedule. I am pretty sure if the bullish trend continues because the demands of crypto coins are still very good nowadays. The current correction maybe just a trap of some whales who manipulate the price of crypto coins to drop. They probably buy more coins to keep on wallets towards the altcoins season and the next jump of Bitcoin price.
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Offline Bit

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Re: Another bear?
« Reply #44 on: February 25, 2021, 11:52:42 PM »
We cannot only see the wealth rises multiple times because of crypto but also decrease multiple times becomes poor because of also this crypto.
The fact s that crypto is volatile and the market can rise and down so easily. Moreover, a market correction will always happen after the high rises. That's why don't panic ebcause of this
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