Quote from: Artemis3 on September 26, 2019, 08:51:02 PM

Quote from: lightningmelo on September 26, 2019, 05:56:40 PM

Bitcoin was trading at $3,000 USD not even a year ago, we're still way more than 100% up on the year, so I would say this is just a small correction that was to be expected.

If we drop further and further, then we should be wary that we could be going in to a bear cycle.

This is exactly it. Dropping further and further before the halving? Heh, that would only trigger a crazy pump that would need to correct afterwards. But no, the pressure from the bulls is there, halving is coming. After, yes, bear cycle probably.

I think so too. Prices should sky rocket after the halving it only makes sense. I hold onto my bitcoin for then.

Quote from: ardentvolcanoes on September 26, 2019, 10:17:29 PM

Quote from: Micerker on September 26, 2019, 09:05:39 PM

Quote from: dessyhodin97 on September 26, 2019, 12:57:27 PM

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

In 2 consecutive days the bear market took place I lost 30% of my total amount. However, I am still here holding on until Cryptocurren recovers. Bitcoin has plummeted in the past 2 days creating FOMO, making things worse. But I believe that always putting faith in Bitcoin will soon reach $ 20,000.

If you don't need your money that much it's best to keep it on hold instead of selling it out of panic where you will surely lose your investment. Making decisions is critical as the market sways is unpredictable and can harm your emotions, be aware and make sure to keep your patience and still believes that it can be manageable and there's no need to rush out.

Panic sellings are weak let the weak be picked off when they dump and lets hope they never come back.

Quote from: maianh09 on September 26, 2019, 10:53:52 PM

Quote from: dessyhodin97 on September 26, 2019, 12:57:27 PM

The crypto market for a period seemed to be on a bear market,and for some reason much later prices started increasing again.What can be said about the market at this period,are we on a bull or bear?

I don't think we should call it Bull or Bear, because the market is in the process of adjusting prices. Bitcoin increased rapidly in Q2 when it increased from $ 3000 to $ 12000. Having long-term growth causes the Bitcoin price to quadruple in half a year, which makes things move so fast, so price adjustments appear. Price adjustments help the whole market return to its original trajectory.

Yes, it is sorta inbetween isn't it. No clear winner so it is unfair to say.