CRYPTO ALERT: Bitcoin And Cryptocurrencies Plunge—Here's What Could Happen Next

On "Forbes Talks," Forbes Director of Research for Digital Assets Steven Ehrlich spoke to Forbes Crypto Reporter Nina Bambysheva about the steep drop in cryptocurrency prices, the drop in Bitcoin value, and what could come next.

0:00 Introduction
1:40 What Could Happen With Crypto Next
5:50 The Crypto Ecosystem And How It Grows
11:13 The Drop In Bitcoin Value And What's Next

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[CynthiaJoshani]

It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.

[JorgeVazquezT.]

With business sectors tumbling, expansion taking off, the Fed impressive enormous loan fee climb, while depository yields are rising quickly, and that implies more red ink for portfolios this second half of the year. How might I benefit from the ongoing unpredictable market? I'm currently at an intersection choosing if to sell my stock portfolio.

[AliceAnderson-inet]

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.

[michellerobbins]

Thank you for your videos... BTC price has been volatile lately, but I believe it's crucial to focus on educating newcomers on strategies beyond simply holding through market dips. One advantage of this space is the ability to buy during dips and actively trade, generating profits while awaiting inevitable price increases. Many people lack a deep understanding of how this market operates. Charts cannot predict asset movements with certainty; prices fluctuate up and down. Despite this volatility, the market remains profitable.... I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Donna Mikalonis, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[Morelsienna]

Thank you for your Educative videos .. If there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. Bitcoin going up is good for the entire market and you can not tell if it's going bearish or bullish. I Would say More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market.I have made over 31btc from day trading with Bradford Jackson insights and signals. in less than 2 months, this is one of the best medium to backup your assets incase it goes bearish...

[kiranshehzadi-vh]

Base Dawgz is showing serious potential, I wish I had been an early supporter 🐕💪

[BirbalNayak-]

My top pick for bull run KAS, SOL, Versidium (VRS).

[TejasSurvase-vfpw]

I can see Versidium hitting $5 easily not long after launch.

[FayajShaikh-hunp]

Versidium is a game-changer. I'm predicting it will hit $10 shortly after launching!

[ParthaBarman-nx]

I believe Versidium is guaranteed to be a 100x.

[sanjumaravi]

My top pick for bull run KAS, SOL, Versidium (VRS).

[rinkudevi-vqtc]

Discover the limitless possibilities within the Versidium ecosystem and unlock new opportunities for growth.

[VishalsharmaVishalsharma-jelr]

We all know presales are risky, but the gains on those can be insane. I've just put a few thousand in Versidium. If I lose, that's a bummer, but if I win, I will be a millionaire by next year.

[RameshRandom]

Versidium is paving its way through the presale phase, and I have a strong belief it's gearing up to be the next 500x gem.

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With Versidium, the power of crypto payments and investments is at your fingertips.

[VlnayKUmar-nffl]

I believe Versidium is guaranteed to be a 100x.

[MrsAwais-ht]

Meme Games is trending hard, so I’m making my move before it hits the mainstream! 🏃‍♂🎮

[ayeshashehzadi-jz]

Pepe Unchained's burn rate is insane, should've loaded my bags 🔥💰

[pagalumpvk]

Versidium bridges the gap between traditional finance and the crypto world with its versatile Visa card.

[AndrewFelix-idvk]

Great video! I really do have a question. For someone with less than $10, 000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?