The crypto bear market continues, when will it end?

From Bitcoin to Litcoin, from Dogecoin to Coinye, the discussion of crypto belongs in this subsection.
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Das Troll
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The crypto bear market continues, when will it end?

Post by Das Troll » Mon Jun 13, 2022 12:57 pm

Who knows? The stock market is taking a shit, inflation is off the scale, fear index is way up. What should you do if you're looking to invest in crypto? My suggestion (and I'm not a professional, so take my advice at your own risk) is to pick a safe, well known crypto and DCA it.

What's DCA?

Dollar cost averaging is the practice of investing a fixed dollar amount on a regular basis, regardless of the share price. It's a good way to develop a disciplined investing habit, be more efficient in how you invest and potentially lower your stress level—as well as your costs.

https://intelligent.schwab.com/article/ ... ur%20costs.

Don't try and time the market if you don't have too. Buy a little each pay check and take advantage of math. BTC is super low and ETH is too. ETH is particularly tasty (in my view) because of the ETH 1.0 to 2.0 conversion that's rumored to be happening in a couple of months.

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Enigma
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Re: The crypto bear market continues, when will it end?

Post by Enigma » Mon Jun 13, 2022 1:02 pm

I put $20/week into Tesla. Yeah it's low as fuck right now, but it will turn around and I'll make a mint.
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Das Troll
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Re: The crypto bear market continues, when will it end?

Post by Das Troll » Thu Jun 16, 2022 10:29 am

Race to the bottom continues as the crypto and stock markets go into a free fall. People are fearing crypto dying all together. This is a false assumption I think because of the whales buying and holding. This whole event reminds me of when covid hit and the market went into a free fall. If you play it right, you could start a fortune with whats happening now.

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Enigma
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Re: The crypto bear market continues, when will it end?

Post by Enigma » Thu Jun 16, 2022 9:22 pm

The market is going down all across the board right now, the best thing to do is try to get in nice and low.

My average price paid is plummeting because I just keep investing on lower and lower valued stock. Once this shit all turns around I'll clean up nicely.

Maybe not rich, but I'll make a few X what I put in
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kriptopoulin
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Re: The crypto bear market continues, when will it end?

Post by kriptopoulin » Mon Jun 20, 2022 8:23 am

hope so it will goes up again and gain a bullish trend
I am a crypto trader for the last 5 years.The Moon channel has been extremely helpful in this regard.
If you're looking to invest in crypto,visit The Moon channel to stay ahead of all the latest news on cryptocurrency.
https://www.youtube.com/c/TheMoonCar

kriptopoulin
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Re: The crypto bear market continues, when will it end?

Post by kriptopoulin » Tue Jun 21, 2022 8:22 am

kriptopoulin wrote:
Mon Jun 20, 2022 8:23 am
hope so it will goes up again and gain a bullish trend
as i said it will going up trend
I am a crypto trader for the last 5 years.The Moon channel has been extremely helpful in this regard.
If you're looking to invest in crypto,visit The Moon channel to stay ahead of all the latest news on cryptocurrency.
https://www.youtube.com/c/TheMoonCar

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Enigma
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Re: The crypto bear market continues, when will it end?

Post by Enigma » Tue Jun 21, 2022 5:05 pm

Oh fuck yeah, everything I own went way up today other than Disney.
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kriptopoulin
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Re: The crypto bear market continues, when will it end?

Post by kriptopoulin » Fri Jun 24, 2022 7:45 am

Enigma wrote:
Tue Jun 21, 2022 5:05 pm
Oh fuck yeah, everything I own went way up today other than Disney.
its again on bullish trend
I am a crypto trader for the last 5 years.The Moon channel has been extremely helpful in this regard.
If you're looking to invest in crypto,visit The Moon channel to stay ahead of all the latest news on cryptocurrency.
https://www.youtube.com/c/TheMoonCar

Das Troll
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Re: The crypto bear market continues, when will it end?

Post by Das Troll » Fri Jun 24, 2022 10:22 am

kriptopoulin wrote:
Fri Jun 24, 2022 7:45 am
Enigma wrote:
Tue Jun 21, 2022 5:05 pm
Oh fuck yeah, everything I own went way up today other than Disney.
its again on bullish trend
Bull trap in my opinion. Nothing has really changed to make it into an actual bull run so far as I've seen. DCA if you really want in right now, that's what I'm going to do.

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Re: The crypto bear market continues, when will it end?

Post by kriptopoulin » Mon Jun 27, 2022 6:43 am

I think so its trap too a trap if it goes down , break the support of 16K other wise it will break the resistance of 24K
I am a crypto trader for the last 5 years.The Moon channel has been extremely helpful in this regard.
If you're looking to invest in crypto,visit The Moon channel to stay ahead of all the latest news on cryptocurrency.
https://www.youtube.com/c/TheMoonCar

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