A lot of people must have got panic attack yesterday for sure. BTC going down to 32K. A total blood bath in the market. It definitely goes nerve wrecking when you see prices falling like this. Heart beat skips :-) Most of the people must have seen their portfolio getting reduced by 50% value and this does worry, but that is why it is said the Crypto market is not for the weak hearts, it's volatility is the highest compared to any other investments. The way it rises, similarly it comes down also. And now many are also worried that are we already in the bear market. Is the bull run over? For a couple of minutes even I was very nervous and did not even want to see the prices any further. But then the curiosity kept taking me back to it again and again.

Well no one will exactly know that till a couple of months, so all we have to do is wait and watch. While people were anticipating BTC to go $100K, here it's gone down back to $40k as of today, so if this bull run is not over as yet, what do you think the highest price of BTC will now be in this run.

The experts who were claiming that the BTC price will touch around $150k have already started reversing their statements and are now predicting that in this run it may not go beyond 70k to 80k, and if that's the case all the other coins will also have it's equal impact.
With the whole dynamics of Crypto market changing, do we still feel that if the bear trend starts then again it is going to be another wait of 2.5 years till we again see a good pump in the prices or it is going to be any different now with the whole scenario changing and more and more people and multinationals getting into it.

No one will have any accurate answers, all will be assumptions. The thing is for this particular run the alt coins have not yet shown it's performance so there is still scope to see some good movement in the alt coin prices hopefully. This crash is definitely going to bring panic to many specially the ones who have just entered into the space and with high hopes that the prices will go up, they are facing the bitter reality of the crypto world. It is going to take some days till we see some green signals again.

Source

Anything is possible, the way it has come down with the same rigor it can also bounce back again and I hope it does. We have not yet seen the performance of Alt coins in this season so that makes me hopeful, it will get better in a couple of days.

There is a lot of manupilation also in the market now, since the big giants are waking up and they want to make their investments in the crypto space. So these kind of crashes may be we see them more often now for them to make their entry points.

The one thing to learn here is if you are seriously planning to cash out then not to be too greedy and keep doing it in parts with time, because if we keep waiting for that one final lap, we may never know when it will come and get over. Just like this experience, if this is the end of it, then the traditional wait is again another 2.5 to 3 years.

So hope that we get some more chances in the upward trends and can make some good profits on our investments and efforts.

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The Market is surely not for the weak hearts.....Where do we go from here?

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