Bitcoin Forum

I feel this is a good opportunity. Do not know the next will decline? Wait again or start?

I think you have to wait because in daily chart seem like the chart make up flagpole pattern so the price can be more crash. So wait until the chart on consolidation and then start to buy it.

What do you mean decline? this crash? this is just temporary this is the perfect time to go alts shopping,wait for few days the market will recover fast and will give you easy money.

every single of them are on the accumulation stages, wait a little longer like 30-50% downward to make decision to buy. it goes to deeper chart at the time

if you madsud you want to buy bitcoin or altcoin now, i think it is good to buy bitcoin or altcoin now but if i may suggest you should not buy it first because its price prediction will come down again, so if want to wait just wait again .

The U.K. faces possible tariffs on trade with the EU unless a deal is reached, Posen noted, adding that there were three key reasons why sterling would decline. ... Posen said that politics and uncertainty would continue to be blamed for sterling's weakness but, actually, the "fundamentals are down."

Such a picture has already been repeated more than once and not twice, only in the recent year 2017.
Everything is exactly as it is now. You may not believe it, but all the year 2017 every time after such a fall, the market was recovering very quickly. And most often, immediately reached new highs!

Of course!
Down trend keep going on until btc reaches 8K. If big wall enough then market up one more time. And if it broke that wall then market will be in real panic LoL

It's hard to say trying to catch a the best price in a down market is like trying to catch a falling knife.

Let's hope we stay above 8k.  Very questionably time right now. Want to convert more from fiat, but already have too much invested.

That the decline will continue or stop is what nobody can tell you with certainty.  Market as I have learnt can not be timed.  You can however take advantage of the low price by buying incrementally down till you have your bag filled.

In this situation, I think it is necessary to wait for an obvious bottom and a reverse trend. To buy already only when there will be an obvious turn and there will be a market recovery. And something tells me that this will happen very soon)

predict whether it will rise or fall again and impossible because the market is unpredictable, but surely the market will stabilize, but when will be impossible to know.

A few chartists have pointed out to me that we had similar conditions in January 2015 and January 2016 so this dip is following the same patterns potentially. I think most of the drop is done but you could always stagger your purchases to take into account any more downside.

Might be another bull trap im doing monitoring in the marketcap seems like it is slowly decreasing again,trade with caution friends!

I hoped we had seen the last to be honest.

If you are referring decline as the bloody cryptomarket, well i think it's already over now. I have recently bought an alt coin few hours ago and it's giving me profit already. :) Well, the choice is always yours whether you will wait or go buying now.

I think when it reached around 9k, it was the bottom. now it should go up according to my opinion. In order to move higher it had to shake off and now you'll see more people investing as price crosses $20k and then continues its upward trend. Some predict it'll reach 100k this year and I don't doubt them.

https://twitter.com/BlockNewsKorea/status/953827937790214144?ref_src=twcamp%5Eshare%7Ctwsrc%5Em5%7Ctwgr%5Eemail%7Ctwcon%5E7046%7Ctwterm%5E0

I believe it is already coming back to what it was before, I got good profits with the cheetah, I bought some alts and they are already going up

IMO, btc may still go around 8,000 range.
Historically, every January, market dips 30-38% range. Yesterday was around 30-31% dip, it may dip further 6-7%.

Yesterday is already a good buy range. Today's green could just be a dead cat bounce or a recovery already - but who knows.

I'm still waiting on the sidelines, atm.

Looks like another bear season will start,the marketcap still dropping until now,it might be a bull trap.

No one with confidence can say it will decline or will the rapid growth of bitcoin. Personally, I already picked up bitcoin 9,000$ and expect its further growth. Picked up and altcoins and have a profit.

and it is difficult to predict whether it will fall or rise, the market for crypts is unstable and unpredictable

If you want to invest in a cryptocurrency then I think that now is a good time for that. I don't think that there will be other such price reductions in the future.

I think it will continue at least for some days ,even months. The market needs time to recover to it noraml situation. I will wait patiently and to see if I can buy in more coins.

I think the decline does not last long. it only takes some time to get back to the beginning. when in this decline, I plan to invest. Hopefully I'm lucky. Prices will rise, be patient for a bit.

No, that is the part of the game just wait until February. I think it will start going up again maybe second week of February.

I don't think so. It will stop and the prices will go up again in few days. Because the fund is huge here and it will solve all the difficulty we face. It is also the reghlation of the market.

I agree. Since everything or the major ones at least are declining, it would be the perfect time to hoard and buy tokens for future disposal. It's a common market move that many traders do, so instead of panicking and gushing over it, the better move is look out for the coins with big potential and try to get some of them for either short term or long term investment. I think, many people are underestimating the power and capacity of the cryptocurrency market.

Actually it slowly coming back but its starting to decline abit i was observing the total market capitalization i thought we will be in 600 billion market early but it declined abit and stands in 552 billion mark. Well this is much better rather than 400billion mark lol i am obsessed with crypto currency. Well i believe if you want something you need to work hard for it. On a serious note we should be standing on our ground and not let the whales played upon us. When it comes to bloody red days try to buy at dips and its much better if you have extra fiats for hedging. Let's not hope these kind of events in crypto will be lessen so the market growth grows and grows.

Sorry to say but all the people who are calling this 'decline' are complete noobs. This has happened before and will take place in the future also. It's time to buy some more. Ciao!

We can't predict where price is going, but we can always play it safe by waiting for confirmation AFTER an attempt to bounce up..

I think the decline is already over, the price has been very good right now, if you look at the https://coinmarketcap.com/ you will see
that most of the altcoins are green, with that I believe bitcoin will back up as well and it's conservative to say that it will reach at $15K dollars.

Definitely not. Remember, cryptocurrency is very volatile, therefore the price of it will change drastically from time to time. We experience a week of a bearish market, but now. everything is rising.

There was a similar pattern in the Bitcoin charts last year which indicated that there was a huge dip in it's price the same time last year.
As the dip was over there came a spike in it's price and since then Bitcoin's price kept on skyrocketing. Also we know that after every correction Bitcoin has suffered, it regained its value and increased in price rapidly. If this is the same case now then it shouldn't be long enough before we see the Bitcoin boat go to the moon. The price will surely increase in the upcoming days and IMO the market will recover within the end of this month.

if you mean decline is what happening with this crash, i think thats normal in crypto, its will growing again soon, so my suggestion start now you choose what you think best coins and have potential, and you will get profit when thats prices growing up soon

There are signs that the recovery has started, but it's still too early to tell for definite. If we can get through today with stable prices then it will look good. Still it is easy to guess but very difficult to predict accurately.

i believe that what just happened is a correction phase, and it's normal.  Usually, we have flash market correction, where you see prices drop alongside bitcoins so quickly, it will make your head spin. Then we have the more gradual decline which can take a week, give or take a few days. News (good or bad) equally affects crypto, especially political news, like it does the Stock market, so it’s no new thing.
correct me if i'm wrong
be healthy !

That's very good news!! We should spread it out to everyone :)

We will levitate at the current level for some time. Market need to recover and gain buyers trust.
But there are many who know how this works so in crypto recovery is faster at great loses.

Aaand guess what? It's looking bullish right now and mist coins are looking really good, totally different from the gloomy picture we saw yesterday. One thing with crypto is that nothing's constant. A decline would eventually turn around same as a pump can easily drop

This is crypto currency market and volatility is a part of it and no one can judge when it happens. Every dip is a buying opportunity here.

I think you wait for a few days because I think the price will be lower in the days. And then you can buy the coins with lower price. You can buy more with the same money. I suggest your waiting.

I guess, now is the right time to buy coins because it is very low but you can not sell it yet because everything is declining. It is just a marketing strategy. Going down will stay in a few but it won't take that long. It will go up again for sure.

Decline will contunue I think. It's not that bad and selling bitcoins could be not a good way, because many people will start buying it. It will lead to price growth anyway. That's why dips are not that bad. It will help the cryptomarket to revitalize. I think that BTC can drop as low as $6-7K.

I don't think that this decline continue as it was awaited from long because market was in one trend and it was necessity of a decline which happens and it is over now as per my opinion.

If you fell in the patience to wait for, then you will be very happy today you have chosen to wait patiently, believe the COINS will be returned to normal, and now it is back to normal, today's price has gone up a lot, too

Growth all the time does not happen, correction is necessary to the market in any case. I think it will start growing again soon.

I'm happy that we've seen a bounce back for now, its impossible to tell what will happen going forward but as others have said a proper correction was overdue.

I don't think, decline will be continue for long time in this market. The cryptocurrency market is highly volatile and any good or bad news could be change the market trends to up or down. So every dip give you opportunity to buy, it is the part of this market.

The market looked very similar last Jan, I'd expect it to pick up and stabilise at the end of the month.

now is a good time to buy bitcoin and altcoin because the price is going down, moments like this are waiting for the beginner traders like me

I think the crash already finished because every coin is in green mark so we can start investing now.But the crypto market is always filled with bumps and dumps so there is no guarantee that price always will increase.So keep your investment in long term and don't panic when the price was falling it is just temporary and it will recover soon.You can see that it was recoverd a lot in a single day.

We cannot predict what will happen, but assume that this is the good opportunity and best timing to buy coins and invest. As the market trend sometimes decline but expect that the price will increase again and this is usual situation.

Cmon guys don't panic. Look at tomorrow's graph and stats, all cryptos are raising again ;) It's time to invest hardly than before

We really don't know if the price will continue to decline not. But if you research on the coins you are holding or you are planning to buy then definitely it is the right time to accumulate just dont panic

I don't think their will be any further decline.This is probably what everyone expected as bubble to burst and that's it.From now on you can expect a graph to go upward gradually and that will continue for long time.Though i agree that this was not any bubble but their might be possibilities that this has been planned by some real big holder that we called "Whale" to derive their profits.And if i am not wrong than they have done it successfully and now they will let that grow.Soo the bottomline is Decline will not continue and it is the best time to invest big in bitcoin.

A very correct opinion! We can not in any way influence the further behavior of the crypto currency, so at the moment we need to take all the positive trends from this recession! Namely, the acquisition of altcoyins at an advantageous rate!

We are not sure where price is going.. Better not buy with 100% of our funds to be safe.

If you are an investor then this would be considered as the accumulation phase. Most places that are banning Bitcoin will change their minds.

I also believe that is in accumulation phase. Whales are accumulating their positions and adding more when the prices are better. Soon we should see very fast price increase. this is what happens after accumulation most of the time.

Decline is never permanent because the market has already experienced it previously. Everytime after a dump the market again get back to its level and always set a new all time high, today only we have experience the cryptocurrency market capitalization is rising again. So i think decline cannot be continue in this crypto world.

No one can judge the next decline. Decline is a part of this market and it happen's frequently.

BTC started to go bull run today,we will see if the hard resistance will break so it can proceed to $14k this month.

We can never say how long the decline will be but I am sure that during these times, it is best to the grab the opportunity of investing to cryptocoins that you think will be a bomb soon. If only I have the fund to invest, I will not let this chance slip my hands. However, I am still working on my capital.

I think the fall may be over, because the decline is just a big call-back.
The underlying reason for the drop is that South Korea intends to close the exchange, but it has now been confirmed as a fake, so the decline will stop.
The market has begun to regain confidence, so buying encrypted money may be a good time now.

 I suggest you stay patient, the market needs to be restored, the price will also be restored, and now you will regret the sale.

Today the market has already recovered. Therefore, if you did not buy anything in the previous 2-3 days. It is worth waiting for a new rollback. Because the next 5 days the market will grow.

BTC seems like started to go bull run again,but it might be a trap so trade with caution.

Maybe we will see for a little time more the decreasing tendencies on the market but it is more difficult to predict which coins will recover and which stay down. Don’t sell your coins anyway. ETH, XRP, BTC will grow necessarily.

There will not be a huge recession.The cost is corrected to the previous level! This is a game on the news!A series of negative news is coming out.The market "slows down" the growth.Next come "finishing off" serious news about some prohibitions.And the market is flying down.

why do you think that this is a trap? maybe the correction will be long and the rate will drop to 7k

We don't know for sure since alt coins usually act in contrast with Bitcoin.. since Bitcoin has stabilized now, once it starts rising, altcoins could fall.

You are just talking bullshit man, "contrast" what do you mean with that? Altcoins are always following bitcoin's trend, this is just matter of time until it all gets fixed and everything starts to go up again. Just be patient.

There's a called term "correction" in Cryptocurrency market that this time will correct the bubble in order to stabilize the coin price and not a price according to exchange bubble.
So, we can't assume that there would be no correction will ever happen again because people who invest in Cryptocurrency will soon get their profit any time because they deserve the profit and they deserve to get their gains.  

I think you should wait for it to happen again to ensure that your investment is as profitable as possible. I am really sorry at the time that all the altcoins are falling and I have no money to buy the altcoins that I want.
But at the present time it is possible that the reasonable price of altcoins and investments at the present time may be the wrong choice.
You should consider carefully before investing in some altcoins. good luck.

Corrections happen in all markets all the time, not just in Crypto markets.
As others have already mentioned, this is simply a correction, and it will start going up again, maybe not today, maybe not tomorrow, but in the short term we will see it going up again.
We will all soon forget about this correction, until the next time, then everyone will panic again, and ask if that decline will continue.

Human nature.

Keep calm, and remember the last correction we had was not that bad, in hindsight, as it felt at the time  ;)

 If you scare for miss out, you can devide your capital to buy it and DCA when needed

Judging by the fact that we are observing crypts today, we can probably say that the fall continues and we are again rolling into the abyss, but I do not think that we will be able to break the bottom at $ 10,000, I think that we will return to $ 10,000 and we will go again up. Will hope.

Oh well, we all go down to the usual. When its low, we buy. This is the best time to buy coins knowing in the near future it will go back up. All the coins you hold that has gone down, you have to hold them till they go back up. Dont sell.them when you're losing. Always remember that in cryptocurrency, you have to count your gains and never your losses.

Probably yes,market cap is still declining while BTC is getting ready for bull run,it means it might be a bull trap.

BTC started to go bearish again,and the total marketcap is declining again probably yes bloodbath will happen again.

I think it’s not market decline it’s just temporary fall market soon will recover lots of speculation coming against crypto currency like South Korea and again China miner ban or electricity supply limiting.

I dont think so. Market will pick up tomorrow. It's going be a new week and more people will come into market to buy from deep markets and that will make the market to go up again

I am hard to say, actually down and up the price is a natural thing in the world of currency crypto but many people panic for fear of loss, I just give advice you should not hesitate, if you hold altcoin then keep on guard it, sell some altcoin if You need ... nobody knows how long this price goes down, but I'm sure the price will go up sooner or later

Yes, it will. Have to make sure I sell when it was high and wait for the dip low as possible.

A market is again going through the drastic correction. These 3 days with the false recovery were deceiving for the investors. Day traders can profit most from this fluctuations but now is the worst time for the long-term investors. They don't know if the altcoin will continue to fall down or is it even safe to keep it or to trade it for the other falling coin with the more perspective.

Now is the best time to buy because the market won't stay in this down phase forever and this sure isn't the end for the market. It is just a phase with a good opportunity for the ones who can grab it and use it for their own benefit.

My prediction is one more week and then the flow will drastically change for the most of the coins that are influenced by the manipulation outside the crypto market.