Cryptocurrency markets have been gripped by chaos, with many digital currencies like Bitcoin plummeting in value over the past few months. We asked a market analyst what’s behind the recent crash.
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25 Comments
Rubbish banks lend our money. They create money and lend that. Smooth talker here.
I bought some crypto—-Turned out to be Junk—Lost all my money
Bitcoin is Not Gold. Gold you can take to the bank—bitjunk no way.
Crypto is not the only market crashing for goodness sake
Nasdaq is down
S&P500 is down
Dow Jones is down
Everything is down
The greatest source of demand has sanctioned economies, duh. Putin needs cash, he sells his crypto, duh. Market crashes, duh.
Muh monopoly money
Wow, so many stupid people. A made up currency that no one excepts.
Crypto currency should be destroyed and should not exist.
Digital currency doesn't actually exist in the real world. if you own that, the US government has locked it down and possibly will take it from you.
None of you people in the comments even understand how the economy or money works . Shut up all of you . You’re actual babies in the financial sector. Complete brain dead morons giving opinions with such confidence yet don’t know a single things about monetary policy . Keep relying on FIAT currency like the US dollar let them control the global markets and print money indefinitely.
Hahahaha. It's just a scam. Pump it, dump it. Gold is the grandaddy of wealth, please never compare the two. As a starting point, Gold doesn't need electricity to exist and has been in use since, well, why even get into it. And Ukraine? Yeah, why not, added on the list since it's the new excuse for everything these days. Definitely NOT the abuse of the environment. Not that. Qatari state owned media.
its funny why no one talks about how expensive each transaction compare to bank mostly sero fee. Ive seen alot who make money in the past year but for late comer i see more people who lost. They bought it at the peak time now less than half of what they invest but still hopefull. Miracles happen who knows
Tectonic might be a better buy.. Dont regret it. Buy now when its low.
A Digital Puzzle Box Made From Wasted Electricity ?
How Could That Lose Value ?
It Has None.
Early planning is the best way to build a strong foundation for greatness.. I recommend Bitcoin/Forex trade coz it's the easiest online investment that has plenty opportunities to earn a decent payouts and the right skills to proper understanding of how the market runs. I believe the best online trade one can think off right now is to invest in Bitcoin trade, though stocks are good but ever since I swapped to Bitcion/ Forex trade l've seen so much difference. It is clear BTC has proved it's use case during this uncertain times. We need more experts like Mr Alex Gomez, who educate people on the evolution of the market so people avoid common mistakes. so they don’t walk out of the market feeling frustrated! Keep up the great work! Raised over 24.6 BTC when I started at 2.3 BTC in just few weeks implementing Alex Gomez daily trading signals and tips.
Bit coin must be eliminated totally.It's a fraud and a chaos.Actually "waste" lost control on her banks first a little long ago and entire system was taken over by the kabal and now they have sucked uncountable amounts via corrupto currencies and their is no clue left that can lead law enforcement agencies to them.It's complicated and very clever.
<Thank you for always being Constance with you regardless of market Bull/ Bear. Holders I probably confused on what to do next but he is if you stay invested and ignore the market ups and downs, you'all make a lot of money in the long run that's why the better to trade than to hold. I've made more than 7 BTC trading with Elton Smith using is his method and insight.
I first got into BTC back in 2016 and have been hodling/buying sats at different price points since. I've been through corrections before and will likely experience more over the future. Volatility is simply the price one needs to pay if they want to play. I don't have any Alts as I'm a bit of a BTC Maxi, but that said, if BTC hasn't died before, it surely won't do so now. Stick in there – yes we are all feeling the pain, but over the long run this will just be a blip. This is how I see past corrections when I felt that I got in at a high (back then I think it was less than $1000 and bouncing all over the place!). Now when I look back, all I see is regret for not having the courage in buying more at those times. But if you believe BTC has value, then by all means, buy these dips if you can afford to. For those who got in at 60 or 70K and feeling the crunch: hang in there. BTC is not a get rich quick scheme. Wait it out and you will see: you will come away stronger. I buy and just trade long term more than ever, I have made over 16` btc from day trading with Mr Alex Gomez Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second language You can reach Alex Gomez on <What'sapp✙14089060227, or
<TE-LEG-RAM 📩@alex4signals
Link up with him and remember to share your experience with others
BITCOIN = ILLEGAL TENDER, as opposed to DOLLAR = LEGAL TENDER… things in common between BITCOIN & DOLLAR = BOTH BASE THEIR VALUE ON THE FAITH OF THEIR ISSUER…
… plus, BITCOIN is NOT a hedge! Who came up, and is paddling this RIDICULOUS THEORY!
Aljazzera is a biased news site
I'm glad I never got into bitcoin. It's become a cult among its investors. They treat it like with religious devotion.
The market has been wreaking havoc on me recently. There is much too much fear in the market, with people purchasing at the peak and selling at the bottom. I can no longer afford to be on the losing end. In this new realm of crypto, I need an expert to be my eyes and lead my hands.>
I <,don’t think you can be wrong or right in this market. I think it comes down to, when are you willing to buy. if you have the strength to hold and trade. Bitcoin has been experiencing a steep decline with significant bearish momentum. In fact, this was the worst-ever quarter for the primary cryptocurrency. The $18K level has significantly supported Bitcoin’s price over the last couple of days. Nevertheless, the price hasn’t been successful in breaking the channel’s middle boundary, and there are no signs of a reversal pattern on the lower timeframes’ charts. Markets usually form a correction pattern right after an expansion move. Bitcoin is forming a triangle correction pattern, as it did in the second half of May when the price was consolidating above the $28K level. Going forward, there are two likely scenarios: Bullish: The price breaks above the channel’s mid-trendline and the triangle’s upper boundary and attempts to break the $22K sentimental resistance level aiming for the channel’s upper boundary. Bearish: The price fails to initiate a new bullish move and breaks below the triangle, turning the $17K level into a critical resistance. Investing in bitcoin is the best investment anyone can do this seasons, because bitcoin investment made a lot of people millionaires. Trust me it pays a lot. And I've come to realize that trading Bitcoin is more profitable than holding it and wait for it to skyrocket. Even when the market was down, I could still make profits. We have an obligation and a responsibility to be investing, the market is so volatile now to be depending on the bull run to make a profit or investing without guidance, I advise everyone never to stop investing, never to stop improving, never to stop doing something new and to trade now with an Advisory who has a great experience. Taking this decision some years back has been my best decision so far this yea. Thank to my advisory Mrs. Robin Moore for aiding me to trade with -her accurate trade signal in which i have been able to archive over 9.05 btc and dividend when i started with 1.08 btc. She is everything you need in the crypto market investment trading and earning with her trade strategy. The good thing of this strategy is that whatever happens we have an opportunity to make some money trading with it not minding the sideways in the crypto market. You can reach out to Mrs. Robin on ͲeIєɠɾαm @moorerobin or What'sapp +12132627458 for more info on how to invest, trade and earn with her top notch trade signal. Please check on user id and WhatsApp app number before starting up conversations to avoid impersonators. I noticed a few ..
Good <,thoughts as always, thanks. If you're long term oriented and sticking to the fundamentals, probably getting a decent yield, all this means is great deals on companies for a couple years. The prices could keep dropping but truly valuable companies that still grow their balance sheet, make good profits are going to come back swining the next bull market. Get what you can while it's cheap, cost average, diversify, seek a yield, hold and trade with some gold. Everyone will do fine if you take a deep breath and look at the bigger picture. This recession will be a blip on the radar in the grand scheme of things. Think 3, 5, 10, and 20 years ahead. Everyone is panicking right now. Be that one guy that keeps cool and uses a bear market to your advantage and capitalize long term, by compounding your investments today. Who cares if prices drop more. Know the value of what you own and stay the course. When you're pushing against the crowd and sticking to a disciplined strategy you're going to come out on top of the stack. I don't watch the media but the news that you present gives me just enough to know what's going on without riding the emotional rollercoaster if I were to watch the news everyday. Stock is good but I think daily earning is also the one of the best. I’m really keeping up on that recently and it’s working smoothly for me. This can only be based on opinion. For me I don’t care what Bitcoin does in price. I make a lot more money from it because i am a trader. Now I buy and just trade long term more than ever, Though I have made over 12 BTC from day trading with Mrs. Robin insight and trade Signal in few months of trading with an initial 1.5 BTC, this is the only way you can use to increase your assets and to stay profitable incase it goes bearish.. You can reach out to Mrs Robin Moore on her personal handle via ͲeIєɠɾαm @moorerobin or What'sapp✙12132627458 ..
good.