Bitcoin Forum

Literally whole market crashed.
All reds everywhere but I see only Siacoin is green.
Why is it green? Panic is everywhere and sia actually increased its value. Is it first sign that panic sell will end very soon? Is it time to buy?

We were just talking about this exact question on TradeTalk (https://tradetalkapp.com)!

Yeah seems like its time to buy now. All coins are trading at so cheap prices. People who have bought it at high prices have opportunity to average it their trades now. It will help them to earn more profits even if market does not recover with same pace as it use to be.

I agree, this is a good time to buy. from some research I do it seems this is the point for price reflection. I will try to buy some altcoin and will hold it in a few months.

No it just a correction which is must !!

This is a good time to start buying your favourite coins.
Market might be recovering or it might not be nobody knows exactly. But most of the analysts are predicting $8000 as a bounce zone for Bitcoin if that is true then we are now seeing a bulltrap for even more blood in the streets.

Experienced traders expect explosive growth after explosive growth and this time the reason was not long in coming. After the very first news from China a wave of profit-taking followed by panic sales followed.
Old-timers of the cryptocurrency community remember this picture which is repeated for the fifth time  for the first time in 2011, twice in 2013 and in the fourth  after the breaking of TheDAO in June last year.
Early to panic!  8)

I see just 2 reasons whu sia is green (actually the price went down but not so hard)
First of all, it's because of the project itself. It has strong team and the idea which can be useful in future. and this idea is achievable. And the second reason is its price. it is too small, so people start selling it if they have several tens of thousands of coins. all the rest is a trifle, and this can be waited

When price of coins growth no one ask why market rising ?
Only when price going down all in panic and asking what happened why market going correction.
While no recovering we seen btc price hardly hold the price on 10 000.
Some peoples already dream about 1k usd price )))

Rule one: don't panic sell
Rule two: HODL
Rule three: don't panic sell and HODL

it is probably a good moment to start buying something...a good strategy, if you have 100$, 1000$ or whatever to invest,
would be to divide those amounts in 5-10 parts and start investing one part at a time, during many days from now on

I doubt the market will recover too quickly. Major news outlets have reported about the crash in the crypto world. Additionally Asia as well as the EU are considering regulation of ICOs/Cryptos, which cretainly won't boost the prices.
But in the long run I have little doubt that the markets will recover.. Just HODL strong :)

We need to look for strong evidence of a recovery. A lot of coins seem to have had a similar low point twice in the last 24 hours, and bounced back up very rapidly. This could be the first sign of a recovery. If prices start dropping again, watch what happens when they hit this twice-established low... it might be nothing, or it might be... something :) If we get stronger evidence that a coin won't drop below a certain point, and this is reflected across the market, then the signs are good. This is just an observation - I'm not calling it yet!

Its green because yesterday it was way too down, so it recovered little compare to yesterday.

Does not look like a recovery for me.. Still a lot potential to the downside before stabilising.

I think the fall is over. Now the rise is in front of us.

Looks like it is. It's a good buy atm if you missed it before. Bitcoin price (https://coincodex.com/) for sure won't stay for long below $10,000.

Yeah I wouldn't be suprised if we test 8k which is the 200 ema. If we break that we may go down to 5,5k. I don't believe (right now) we will go deeper than that.

For me I can't really say that the market has bottom out but it is better to be scaling in now for any coin one is interested in but what ai don't know is how strong BTC rally back to the ttop is going to be

If you are going to buy in, I would buy at increments. If you are a first time investor it could be a good idea to buy in. If you are not, then I would wait for it to drop some more, the only reason you should buy in now would be to get your position lower but if you bought at the top then you aren't investing smart.

I think the market will recover slowly and maybe we gonna see again a run to a new high price but we must consider also that market can crash even further and we must cut the looses and panic will be even bigger. Let's hope tho it's not gonna reach that point because I'm not ready for that.

But your first reason doesn't make sense because other altcoins(including ethereum and bitcoin) have strong team and can be useful in future. When coins like these are dropping and everything else is dropping it mean people are cashing out everything doesn't make sense to cash out everything and buy just one.
Back to topic, everything is all green today, was sia really a sign?

Despite the noticeable recovery of the market, I suppose that a new wave of fall is possible, not as strong as before, but it is quite possible. What do you think?

This same dip has happened every single year around the same time. The only major difference here is the Bitconnect scam crap finally folding.  The last 48 hours was the best time to buy and hopefully none of you sold. Look at the yearly charts they have followed the same pattern with a major dip every mid Jan.

yeah the market is recovering but i think it's another small correction around the corner.

i think it will take at least 1 month to reach it older ATH. the master word in this is HODL.

I don't think so.
Whoever was in panic during this dip has already sold his coins.
Bitconnect ponzi, China FUD and South Korea FUD. But funny how people still follow FUD.

As you can see, the market is recovering wonderfully. Almost all tokens are in the green area. That it's so fast I would not have thought. That pleases me very much!

Recovering but highly manipulated still.

Sia is very good coin with a proper development and development in process, huge changes recently going on SIA is ASIC miners started lunching. ASIC started so Difficulty is going way higher and coin will be harder to get from GPU anymore, in the mean time decentralize hosting is proper business with good returns for each and everyone with huge space in Hard Drive. Price is still cheap another reason, This price is to buy not to sell, 2018 will be 25X for SIA hoping to get somewhere in a $ mark which will be huge gain for SIA and its early investors.

Totally agree, SIA is one of the best and most underated project. The pump will be high soon.

The whole market recovered with in less span

I think It will take few more weeks to fully recover. BTC is stabilising around at 12K alts are going up and down. I guess they are waiting for BTC to break 20K resistance then we will see where the ALTs go. Good alts will be going up with BTC uptrend. It's my guess only.

Yes, now is the time to buy. The market is still in red and we can now take advantage of it. I thought it would start rising sooner than it is, but there will still be a rise soon.

I think, at this time almost a lot of red altcoin. these few days the market is very unstable and tends to be flushed red. I think there are still some problems that occur about the number of rumors. maybe that is one factor. but I believe, early next month the market will start to stabilize even some altcoin will be pumped

Its a good time to start buying now. The prices will start to recover soon and that where the profit comes in.

Majority of the coins have dumped badly. For investors, this is the perfect time to grab the opportunity to buy coins at lower prices. Although this is definitely a pain for coin holders, I am sure that it will recover soon. We can never be sure of how long this will last. Panic selling is inevitable. Some coin holders are not emotionally and mentally strong enough to manage paranoia and fear of loss which is why investors will take this as a huge chance. I do hope that coins will increase soon.

whats the reason of sudden price drop again of the market?? all altcoins and bitcoin is now on red. so sad for the short term hodlers they lose profits.

Everything is just testing support lines just give it some more time guys.
Dont panic sell you will regret it later on!! If you guys havn't heard new thing is?
Look in to Masternode coins  ;D

I also wonder why the market is again red. Now there is no negative news from China. The market must grow and recover. I'm tired of losing profits.

I think there is still the correction. In addition, Chinese and South Korean regulation is likely to have an impact on prices.
I belief it will take some time until it is back to normal. If you look at the values ​​of recent years, then you realize that it takes a few more weeks, until the prices are back to normal or until they rise again.
Here you have to show patience. Therefore, as a short-term investor, you should first check all facts before investing anywhere.

the is a good time to buy thinking of buying alt coins