Post
Topic
Board Trading Discussion
Re: Are we going to recover or continue to dump?
by
sayaya17
on 22/08/2022, 18:53:30 UTC
What are your current opinions on the cryptocurrency market?
For several days there has been a whispering in the crypto world that the cryptomarket might crash again. As the market is still bearish, chances of dumping really high and current market signals are pointing to the same. But if the market shows down trend and break $20000 then the market will take a long time to recover.
well, i also heard that this might be possible, but i hope that crypto doesn't fall that far. The only thing that worries me is quite a lot of FUD. it's just that, many people might take advantage of this condition to increase their assets, including me. well, if you want to participate, maybe setting up some funds for it is good enough. however, holding some coins is also very important at this time, because this is the crypto world, the issues are not necessarily true, and the price could go up at any time.

No one can accurately predict the movement of cryptocurrencies, so anything is possible. Although I admit that in a bear market situation like now,
the possibility of the crypto market falling deeper is quite large. But as long as we invest in potential coins, we don't have to worry. Because
no matter how deep the crypto market goes down, someday it will recover and possibly when the bull market comes it will reach new ATH.
We must remember that bear markets have occurred in the crypto world many times and in the end the crypto market can always recover.
So what we need to do in a situation like now is to collect more coins that we consider potential. Moreover, the majority of coins are already at
a fairly low price, so don't hesitate to buy more potential coins.  It is not easy to invest in crypto, it takes patience to face bear market situations.
I really don't know when the market will recover, but as long as we are optimistic and can be patient waiting for the bull market to come,
everything will be fine.