Quote from: Etranger on Today at 08:18:53 AM

Quote from: Ayers on June 27, 2023, 02:27:23 PM

Quote from: Etranger on June 27, 2023, 01:09:53 PM

Quote from: ShowOff on June 26, 2023, 09:40:40 PM

Quote from: Mame89 on June 26, 2023, 09:29:10 PM

This is only a personal opinion. The scenario must be like this before the halving, so that the price tends to be corrected sideways, until after the halving then it will rally like crazy. Smart investors will see this as an opportunity that will not be obtained again in the next few months. You definitely have to be vigilant, but excessive fear can actually be an obstacle to your investment success!

It is quite clear that the SEC vs Binance case can also be considered as FUD which can impact the market. In the previous half, Covid was FUD which also had an impact on bitcoin capitalization, and if people realize that then they'll be pretty optimistic about hold their asset in long term.

The troubles with the SEC and Binance may not be over, but they just seem more in control than before. Binance is not running from prosecution, they are defending themselves with what they have. Maybe it would be good if everyone believed that it was just FUD going on for a while, and after that the market would move up.

As far as I see, the Market has already moved up and one of the reasons for that is binance and SEC situation. I would say it turned out to be more about FOMO than FUD, because binance has shown strength against accusations and it added more confidence for investors, who found another reason to join the market.

The case between Binance and the SEC is quieting down, but the crisis of Binance is not over because they are facing many difficulties in the European market when a series of governments are forcing them to stop operating in Europe. I don't think this is Fomo, but Fuds's impact on the market is still negligible.

The government crackdown on Binance will not stop anytime soon, and it could be bad for the future of Binance. But I don't see anything to panic about even if Binance is in real trouble, it's more of an opportunity for us to buy cheap bitcoin than to panic when things go down. If the market continues to dump is a rare opportunity, it is not as scary as many fear.

I would say that doubts and uncertainty are connected not with fear for the future of the cryptosphere as a whole, but with the fact that investors are in a waiting period. It is still difficult to say how recent events will affect the market. After all, at the same time there are both positive prerequisites (for example, the ETF) and negative ones (the case of binance and coinbase). Where the wind will blow is unclear.

It is true that things are not clear, but if I say what caused the price of bitcoin to skyrocket in the past few days, I think the news about the ETF is the leading cause, not the controversy surrounding Binance. Because like I said, Binance is still having a lot of trouble in the European market, and that can't be taken as good news for the market.

But no matter what news it is, I will always be happier if the market drops more because I will be able to buy bitcoins cheaply. I prefer the market with more Fuds than the Fomo.