Crypto buying opportunity not a crash

Mr Positive

Mr Positive

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I see the media is out there shouting crypto crash blah blah blah….

But the reason for it will soon end I feel it’s been hyped and won’t happen.

Hence this downfall is short lived and good time to stock up if you have funds.

This is not a financial advice, I only say based on my gut I don’t read or understand charts, I understand cryptos with sentiments.
 
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We are definitely in a bear market. There will be some upside impulses, but globally the market will fall this year. Don't trust your senses, especially when you play the market..
 
History repeat itself. The difference this time is that banks started to adopt as opposite to 3 years ago when they wanted to ban crypto.
 
My gut feeling is that crypto right now has low use value but the price is still high due to speculation.
 
Salamouna said:
Where can I get financial advice than?
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Oh man, there are 10000s of trading gurus waiting for your money to sell you canned air in a paper box.

You can deep digger on Tradingview and try to find somebody who you can trust. Most of them sell signals, but the best traders dont as they know no signal is 100% accurate. Sty away from trading experts who promote aff products (courses, trading bots etc.). The other way is to join a profit share platform where traders play with their own money in first place and then get a cut of your earnings. If they risk their money this makes a difference.
 
Mr Positive said:
I see the media is out there shouting crypto crash blah blah blah….

But the reason for it will soon end I feel it’s been hyped and won’t happen.

Hence this downfall is short lived and good time to stock up if you have funds.

This is not a financial advice, I only say based on my gut I don’t read or understand charts, I understand cryptos with sentiments.
Click to expand...
all i can say its a Healthy and regular dip and this is just an beginning of some bear trend and lets see what will happen
 
hahaha its true , there is a huge fud right now , you need to remeber that the crypto market are influance with alot of others factors like the USA NASDAQ there is almost 100% correlation between them , and also the hikes rate and the tension between russia and Ukrine bring this panic sells. however i suggest to be smarter and do not open any big position that can risk too much from your capital. :)
 
Prices have dropped a lot, but there is war tension currently. It can completely collapse also so untill that thing is clear, you should wait and watch.
 
Anyone who is smart has stayed away from this market since the beginning of the year. It's not exactly a bear, but it evokes. It's a good idea to stay away from the market for a while.
 
Markets run on news not anyone's guts.
Everyone have good amount of cryptos in their portfolio and all are holding because they have invested the money that they can afford to loose. Now face the loss. Its simple you have selected that path.
Its better to invest in which you have knowledge and enough time to read news or understand charts.
 
Any experienced businessman knows that money is made in the buying or purchasing part of things. Crypto is no different. Buy low, sell high, it ain't rocket science. To quote Warren Buffet, 'sex addict in a harem'.

Look at what's just happened in Canada and across Europe. People have had enough. There may well be a a run on the banks after the fireworks start in the Ukraine. The dollar is going down down down baby. Crypto is programmable gold, stay out- you miss out- I have no sympathy for the ignorant.
 
This IS financial advise: just like in the stock market, continue to keep buying and hold for the long term capital gains. Everything is falling with high inflation and war in Europe looming and things will continue to fall before leveling out.

The problem with most people is they look for the quick buck and seek immediate 10 baggers but that doesn’t happen unless you buy low, hype, then sell when everyone is buying.
 
davidsmurf said:
My gut feeling is that crypto right now has low use value but the price is still high due to speculation.
Click to expand...
Crypto does not have low use value. The overall crypto market is just very volatile.
 
Every price correction is the time to buy more. But you should not enter at one price level. Buy in installments.
 
Mate its a well known fact that its always HODL HODL HODL
 
By that logic, with every drop in price it will become a better buying opportunity ;)
 
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