Bitcoin Forum

bearish market make me confused. but FLXX last year followed the price of the crypto king. and grow quickly. I am sure that FLXX will reach $ 1 more. and now FLXX prices are very low. on the other hand I doubt that the bearish past made FLXX rise slowly or even die. can you give me the best advice? Or do you have experience like me ?

Maybe last year was the year of FLXX and it didn't go with the flow of the bearish and that's why you are confused. Because you are expecting for that to coin to go oppositely and go down instead of growing up. But what happened was the thing that you didn't expected.
How much you are holding with that coin?

so do you have these coins now? or you intend to buy it and ask us.
my advice is not to buy it, even the top 50 coins in cmc fall above 50% so in my opinion, just buy another coin, maybe last year's increase won't happen this year.

hi, to make sure, what is FLXX ?
i can't found this crypto at coinmarketcap just found FLIXX my friend
and of course a lot of crypto will rise when bitcoin rising my friend, we just need to increase our patience until the bull coming  ;)

Do not overcomplicate your trade, this is very confusing for you and you have no idea what will happen, that means this coin is not good enough for you.
why do not you choose another one? what we are looking for is profit, let's forget about something like this and chase something that you are sure about it.
like Bitcoin, ETH, and many others.

There are no guarantees that this coin will go back to its old highs or not. Anyway, at current price of $0.02, it is best to hold it for next bull run. Try to get some top ranked coins that will provide a safer return.

Not only this coin followed the price of the crypto king in 2017 but most altcoins followed the biycoins value , and they are all in a high value. But when after the bitcoins value drops , most altcoins also drops in value and they had a difficult time to regain the value that they reach in 2017. If you have patience in waiting maybe it will bounce back again in price and maybe it will reach $1 soon.

One thing do not focus on one coin there are a lot of variety that you can choose from. As a trader you should know how to play the market otherwise it plays you. Make a smart decision in trading specially in this kind of market which basically unpredictable.

You must check the fundamental ways why a coin's price would grow;
Factors are
1. Do they serve a use case
2. Are the Devs and team still updates you or still updating the project for development?
3. Do you have a community? How large?
4. Who would buy and who would sell?

Depending on your answers is the money you'd place. Don't mind the price, it could be manipulated, just trust your research upon the project and rate it and compare it to other coins. This is just my tips, hope this could help.

I also could not find the FLXX token. In coinmarket I only saw FLIXX, and it seemed to have died after going up to $ 0.8. Currently this token does not work and it does not have a volume

A lot of coins followed Bitcoins price in 2017 and now look at them, XRP, ETH, OMG, ... are all max 1/10 of the prices in 2017. Dont expect that altcoin frenzy to return when you plan your investments!

He was missing a character when started to type the word of FLIXX token. It gets a little volume on kucoin. That's one of the overrated platform that gets hype when the price of bitcoin has touched more than 15k. This time it's nothing.

I don't have any special knowledge about FLXX, but if it has low trading volumes then this means it is effectively tied to its trading pair. This is a key reason why a lot of ERC20 coins that are paired with ETH have fallen so hard in dollar terms.
I think in a bear market it is often most informative to measure the price not in dollars, but rather in units of its trading pair(s). So if an altcoin is worth $100 and trades against ETH, and ETH is at $200, then the coin is worth 0.5 ETH. If ETH then falls to $100 and the alt has no trades, the alt effectively drops to $50 - the reason being that it is unchanged at 0.5 ETH.
Hope that helps and isn't confusing!

I looked the chart, maybe you are right, it was FLIXX that he meant, it's Flixxo that has no volume now.
I don't know what's the ICO price of this token, but it has reached almost one dollar and with $0.02 now, I'm sure there's a lot more tokens like this who made a big run during the bull run but died when the market corrected. OP, you have no choice, better keep your faith in that token because you are gonna hold it for long.

Many pumps since last year, when there was massive growth, have given hope to their investors. But now, if for a year there were no attempts to restore, then the coin is not worth due attention, no matter how much profit it brought earlier.

You're right that's what he's saying. It's about Flixx not FLXX, he just missed the letter 'i' maybe while typing this thread.

https://coinmarketcap.com/currencies/flixxo/

There's a significance with what he's saying that it will may hit $1 soon. The current price for this coin is $0.02 and I guess it too that this is the coin that he's talking about. All of these altcoins are bitcoin dependent, when bitcoin goes up they will too.

I don;t understand when our people going to learn, remember last year January everyone came out with their price predictions but most if not all end up in disappointments, this year for me I see men being separated from boys, some projects will died and expect a reduction in the number of ICOs this year which will give room to more growth for good projects

Don't ride the same train again thats what I would suggest to you In this bear market a lot of project failed to maintain their liquidity on the exchange due to lack of community supports take example of Elixir the price of their token went to 2$ in bull run & take example of Biotron the price of token went to 0.1$ in bull run but now the volume looks dead. They have tech but no one is there to use it & that's why they failed its better to choose project which are still 70% to 90% down in price from its ATH price but they have good volume and positive community supports. There are so many coins in the market which takes rally with the bitcoin when the bull run starts such as DGB, Verge etc just do your research and invest.

There are many coins in the market but when you are just starting your journey as a trader or as an investor it is better to not spread your efforts among too many coins and it is better to concentrate in a small number of them which you believe are good projects that have a chance to survive this bear market, so it is better to concentrate ourselves in coins with high market caps and which are recognized by the community as valuable projects, otherwise you could invest in a coin which disappears during the next months or years.

yes. last year FLXX had good prospects. but I didn't get that good chance. because I sell FLXX at very cheap prices. it makes me regret. now I only have 2000 FLXX. I am confused. Do I have to buy more or better I choose another crypto? If we look at the FLXX market, I think now the volatility is slow.

I still have FLXX coins. but only a little. Thank you for your advice. I am looking for a good coin for investment not for trading. I think BTC and ETH have become my main coin choices. In your opinion. Which coin has good prospects for long-term investment?

I suggest aside from ethereum choose XRP or  ADA for long term hodl or choose from the top 20 altcoins in  the coinmarketcap.
Ripple their value race over ethereum last year so possible give again potentially to bumped their value, And for ADA I believe in the future they bumped it.

Buying these coins and making a profit is like chance one of a million at this stage. Maybe we should change our views on the market and not take all kinds of rubbish, convincing everyone of its ideality.

Most of the coins underperformed in 2018 and up till now some of them have not recover.  I seriously think we would need to invest accordingly to the market conditions as investing now should make you to understand that you will need to hold your Flxx for long-term. If you are not ready for long-term investment you are going to lose serious as the uncertainty is very high.

Most coins falling and growing much faster than btc but all follow its trend. This doesnt mean that they are strong or weak. But don't be greedy and take profit when you have it. And don't forget that most coins dissapers after few years. Just look on top of coinmarketcap for previous years.

If you have any doubt about this coin, then leave it and buy another. Some altcoin may have a good start from it's price. I've read some reviews of FLXX and some said it was just a scam.  Well, I do not know well about this coin, hence, I think  it takes time to reach that $1 since it's initial price is $0.00025.

All prices of coins are pegged to the BTC.If you chose FLXX in the hope of its growth and your expectations were not confirmed, it is better to sell while there is demand and to purchase a more popular coin.

It is good you do invest into a coin after careful analysis and also know the position were the trend is!  having said that you should know that now is the right time to invest into any coins that you see it is very low in price but have big community.  Flxx has big community and that means if you can buy now you should be able to make profits in future.

while the market is falling sharply like this time, I only believe and buy altcoin top 20 CMC. Although these coins have not increased as much as small coins when the market is green, but it is stable and low risk, I like the safety. But if you believe in the future of FLXX, you can easily make your decisions. Investing in a project you should look at in the long term.

If you believe to a coin or token, you must research it. If that is new token, so you must research their project. It will grow up in future or not. If you still don't really know what to do, just buy it and take profit when you already get it. No need to wait for long time and invest.

I also had that experience before, like i choose deep onion,  after the ATH of this coin, i decided to invest on it, but unluckily it will crash, i got lost from that because of the bearmarket, but i wouldnt give up, i stay wait for the king (bitcoin) to rise again, because i am very sure that when the king arise, all altcoins will follow, just keep holding mate.

I cant see that coin in coinmarketcap so I cant guarantee for you to invest to it. Somehow its really best to invest to certain project especially if they are not yet in CMC and during their public sale since you can have discount in buying but very risky also.So try to google for it on icobenchmark or any reviews or maybe you just seen it on what exchange? Just a reminder, don’t fall for a fudd coin in shitty exchanges.

What is this FLXX coin? I'm looking on different platforms with that ticker but I can't find it.

I never heard of FLXX. What is it by the way? I would never invest in a coin like this. Why don't you have a good research before investing in a coin?

I completely agree with you that today many exchanges allow listing many projects that do not show real prospects in the near future. Teams must work on the development of the project, rather than chasing profits with the help of their trade tokens.

In any case, of the total mass of users of cryptocurrency, someone is an enthusiast, and someone is a businessman who makes money in a cryptocurrency business. To first need to pay attention to investors, whose goal is to invest in promising projects in order to make a profit. Of course, the incentive is vegetable, But it is thanks to the investor projects have the opportunity to develop.

I have experience like you where betting on one coin and the coin has a price below $ 1 but it will definitely have a low price in the long run. maybe you should think about being on the coin whether to survive or switch to another coin.

I think you should not monitor the altcoins that you have experienced and discounted much after the recession. I do not mean it will die but it will make you take a lot of time to get profit.
I think you should use your money to invest in new STO and IEO projects. it will be quite profitable because our crypto market is in the recovery phase. It can pump at any time and the money you invest in projects will easily increase many times.

My advice once you have that coin you make sure you are already of what possible to happen to that coin. If you think it will down the price just sell it if you think there is hope or chances for it to increasebuy more and keep the other that you have. Sorry I don't have coin and so I cannot know if that potential. Better to believe to yourself and make a wise decision what you gonna do.

it is true the problem is that the new coin is very risky because there are already so many new coins that end up being rubbish coins, so if you want to trade or invest, it's better to buy old coins in the market like bitcoin and altcoin

There is no need to focus your investments only on Bitcoin and Ethereum, since there are quite a few promising coins on the cryptocurrency market. But you need to choose only those in which you are confident and who have recommended themselves only from the best side, even despite the poor state of the market.

Right. A good coin eventually will be picked up by investors if they believe it's have it's own value in the future. Bear markets happen all the time and these coins aren't exempted when the market falls in general. If the coin looks good and you're confident in it, then just be prepared to keep it for the long run. I've had a lot of coins that seemed ready to die only to eventually gain profit in time.

I totally agree with you. The words are really the truths of the line that investments need to be directed even into new projects, but only to if they are really in demand in society. I think that this plan is the main problem of such investments. How to ensure their prospects and how the analysis of these projects will be effective. K Although I understand well, it is thanks to investments that new projects have more strength for development. Thus, each investor is directly involved in the life of a particular project. I would like to mention such a project as pundi X, which, despite the general fall in the cryptocurrency market in the beginning of 2018, managed to conduct a good ico company and today is one of the most desirable coins in their portfolios of every investor.

So basically he needs to get his gut feel what's really going on with FLXX. There should be some sort of progress update or tangible news that can support the foundation of this coin. If the plans are still empty then I would say get out and move on.

Everything that we discuss in here maybe it's all depends on FLXX itself because only choice is go or leave that coin. But i think buy new coin like this sometime have bigger risk and we must always be careful with it.

true investment with crypto currency requires considerable confidence and patience and in my opinion investors must also know all the risks that will be gained in investing in crypto currencies why are you tired in waiting

I agree with this type of thinking, most Investors have a lot of waiting time, not without abandoning the movement of the same, this is what is different from the speculators, which, the movements continue buying and selling in different temporalities. Taking into account that we are in a phase of accumulation in the market, what is recommended is to wait, since at some point, whether it is months or years, the market will begin to recover and move towards an upward trend.

indeed when you invest at least you must be able to control the friendliness that you have and as much as possible not to be affected by the bad news that exists, when you cannot control your passions and patience then what will happen you will only lose.

wow, that's a very large number. you make an unfortunate investment. maybe not only you are still many people who suffer the same loss. I myself suffered a loss but it wasn't great, and I returned my capital by way of crypto trading every day until my capital finally returned.

Take a look at their recent activities, see if their partners are collaborating and pushing the project further, then make your investment decision.
Because a lot of altcoins in the crypto market are born just to manipulate prices and cheat investors. be careful.

That is quite huge amount of money to invest in one coin, like the adage says in my place, never keep your eggs in one basket. What you would have done is to invest the money into lots of coins. Imagine that you invest in 100 coins with such amount of money, I believe there is no way all of the coins will later become shit coin, at least 40% of those coins would have given you your investment back by now. Also try as much as possible to study the project and the team before making such investment.

When projects like Pundi X and Holo didn't keep their bull run going despite the fact that they are actually 2 of the few best projects I've ever studied, do you think this FLXX is too good to beat them? I'm sure it's just a pump and dump coin (couldn't find more info as it is not even listed at coinmarketcap), so it means that it would have needed least volume to get pumped up higher which lured you to ask this to us if it will get to $1.

Having a deep study on a project that you're going to invest with, is highly recommended so that you won't fall on the trap from theives whose scamming investors. That's a certain and wise idea about pulling al eggs on one basket. Bigger risk is mainly involved, once you're on it you can't stop being a victim of those scammers around the internet. Better be vigilant rather than being a victim by someone stranger.

You should keep in mind that you can continue to go down, if bitcoin goes down, you will also suffer, what I would recommend is to verify the volume flow and the operations that are given, according to this, you can do it from the point of view of speculation, for see in what ranges there have been more purchases and sales, according to that, you can determine if it is feasible.

The low price is general for the cryptocurrency market. We are in the bearish market, so it is expected that most coins will lose value and remain stagnant.
I checked the price of your coin,  is too low at the moment.
I like your optimism though.

If you already have doubts about this coin and ask us for advice, it is not good. If there is any doubt it is better not to buy such a coin. Otherwise it will be a very risky deal.

We all know that not all alts or any coin will have stable price so expect that it will decrease and increase depending on demand in the market. That's why it's important that we know everything about the alts or we want to invest. And also how to manage it.

doubts that occur may be due to lack of experience. maybe there will be people who are experts in the analysis can provide advice that can convince the person. we cannot ask him to invest in certain assets let him make his own decisions.

Cannot find FLXX on coinmarketcap so not clear what coin it is. Regardless of that, never ever put all or most of your money in any one coin, no matter what the tip is. Put bulk of money in a number of  top ranked coins first.

i have lots of coins like your flexx. i was having more than 25000 dollar with these shitcoins last year. now they are 1000 dollar.
i lost most of money in these coins.

you lose money is huge. but you don't lose the amount of assets you have. keep storing your assets, though now its value is reduced, if the market returns and makes the price of coins you have back up, you can feast on back.

therefore, when market conditions like this are better, we hold first until the price rises so we can get a big profit. especially now that the market has started to increase continuously

If at this time you do not have an economic emergency, the best thing you can do is hold that currency, because right now the market in general is in the accumulation phase according to Wyckoff's philosophy, therefore, it is an ideal phase to make  purchase.

And what you should do is wait until the BTC rises again so that the market recovers completely, in this phase it is highly volatile, it may seem bearish, but it may suddenly have some unexpected rally. In fact, at this moment, the market can show small increases, because that is what the phase is about, the tests are carried out at different price levels to verify the offer.

Most of the tokens once listed goes up and then dies after. Only a few we can consider good alts that could withstand cryptocurrency market crash. Their value may drop but it will recover because it continues to develop.

A huge amount for the average person but it was not all your mistake to lose more than 24k$. It happens but you need to take a valuable lesson with this loss. Maybe you can share your experience regarding this trading idea.

Wow, $21,000 to $1000 is quite a great dump in asset, why would he even keep such amount of money in these shitcoins, it would have even been better he trades with it, well anyway, like you said, he should keep storing the assets and I will also advise him to start  accruing more new assets, because it might not be those coins that will make his investment return, especially if he has invested in coins that are already dead and won’t even pick when the market is green again.

There is still hope that those ones still showing total of $1000 will at least give him half of the investment while the new ones trending might help him make up to the missing part.

I don't know the best idea to give on this but what I can say is that you have to do a very good research on the project before thinking of making investment, you don't need to judge a project base on the price of the coin because it could just be an hype done by the admin of the project.

There are other things to consider before making investment and one of those things is the feasibility of the project and the real life value.

Yes that is why we need to invest on the potential project irespective of how much the ICO price were selling.I am not going to suggest anyone to invest on the ICOs until there is a bull run because the god projects even hard to find its investors.