Quote from: awik p on May 13, 2023, 03:53:05 AM

Quote from: aubert on May 13, 2023, 03:22:09 AM

Quote from: FireDAOJackie_Z on May 13, 2023, 01:29:05 AM

The market is truly going south these days as we can see. Am I still positive about the market trend in June ? More or less. If the whole market does not get any better in June, I tend to be more conservative as I have also invested in Bitcoin and other altcoins and I don’t want to lose more money. The world economy is still in recession in general and I can’t see any good sign coming any time soon. Hope crypto industry is an exception.

The chance for bitcoin to surpass 30k is still there but im not sure if bitcoin will able to surpass it even higher than before. Crypto is always following the economic condition in the global market. People are willing to invest their money if they can get it easily in the real life.

That means as long as the economic is still good and the chance for bitcoin to break 30k is still there. Crypto industry will not be an exception.

the development of bitcoin indeed has more or less influence from the development of the world economy, I think to penetrate $ 30k is not difficult from the current position, but when that will happen, no one can say for sure, most of their predictions want to cause fomo so that it results in a psychological attack to buy bitcoins. but of course you can't be sure when it will happen sooner or later, therefore we have to be patient to wait for our target, even though it may not be in June, but it will definitely be achieved

To be honest, I am sort of tired of the price fluctuations and spend less time focusing on the market now. What's done is done. The coins that I have bought are losing value and I neither regret the buy-in nor intend to sell them out. It's a wise decision if I choose to stay cool and hold the coins until the next bull market comes. Now the world economy is going downturn and every country or each of us is experiencing economic turmoil. How can we deal with that ? Be cautious about any investment and try to save more while we are still employed. Be prepared for any hardship that may come in the days ahead.