The crypto market is on a rapid downward spiral and almost all coins including so called good coins are down in prices. Is there any chances the market will recover? In my opinion, it takes the end of the year 2018 to recover the market. What are your views?
in my opinion everything can happen and the possibility can happen without anyone knowing for sure and in my opinion the development of the crypto currency depends on its own investors and the crypto currency and market are meaningless without the investor itself and currently there are many factors that influence the price for the future, by starting the number of scam projects and ICO which only aim for pump & dump it will be very difficult for prices to be able to recovery. investors from now on should be smart to choose the right way to process their money so as not to make the market and themselves at risk. |
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Because most of them don't know the market well or just panicking about the price gaps.
yes, it is also possible that they are people who trade but experience a large loss and ultimately blame the crypto platform. The thing that is certainly very illogical to do, some others want to get the bitcoin price at the lowest point. FUD like this has long been ignored by crypto enthusiasm because it doesn't work well |
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As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
actually in a falling market condition, I honestly did nothing, just saw and also saw to what extent the market potential would fall, whether it would quickly rise again or it would continue to fall. That's what I thought, it's also because the good news in a market like this can't reverse the price to rise again |
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Cryptocurrencies have been around for a while now.we've the early adopters and late adopters. Heard a lot of postive and also no to forget negative experience from people. Take a flash back to when you decided to get involved in the crypto world and judging by what you have achieved at this point in time.
Do you regret your decision to get involved in the crypto world or you wished you had joined earlier?
yes, actually I am quite sorry that it was too late to be involved in knowing about crypto, actually I have heard the term cryptocurrency and bitcoin since 2013 but that year, I was still busy studying and also on my first search there was an article that reported that crypto was approximately like the HYIP business model, I immediately moved away without having to know more |
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Even if the price is low, you should not rush to buy some kind of coin. Let your thoughts be unaffected by coding prices. You should consult the information and make sure you understand the nature of the coin.
Do not let others influence your thoughts because you are the most trusted source of information.
If you really like the idea of investing, be sure to talk to your team, the community and the development team. If the community is large, at least the coin assurance you are investing is greater.
If the investment idea is good, but the support team is not good or too small, the high possibility of coin is not well developed.
to invest in ICO, it is better now to really think about the team and the projects that have been implemented, especially if they have not developed anything while still in the ICO phase, and only sales are processed. Project development proves that there is real work between the teams |
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Whales can not create forks of bitcoin, only members of the Bitcoin core team can split the currency.
As for altcoins, there is currently no regulations and just about anytime next can create their own coin, or more commonly a token built on another platform
even if it is true, it will be easily manipulated on their part. This is proven how about the split problems from BCH that occur and of course this has an impact on market prices. 80% of altcoins right now is more like a projects for hit & run. Investor right now is trying to recover their assets |
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What to do now when things get worse every day, only hold will help us? Who is trying to survive in such a market? Your advice, friends!
for the future it would be better if you postpone trading activities, however, in a market like this there are only a few people who make a profit, and indeed many experience losing in large quantities, this bearish moment will likely continue until the beginning of the year |
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Friends, the market continues to fall, many experts suggest paying attention to completely different Altcoins and Bitcoin itself and buying one or another coin: Monero, Riiple, Eth and many others. What coin would you invest in? short or long? Can it really be really easy to buy another bitcoin on the next day, or now, do you expect a fast growth of the market?
a market like this will be difficult to experience fast growth, especially in a fast period, it seems that indeed until the beginning of the year the market will fall, or the most unstable. But that's what is feared, being stable for long periods of time also has the potential to dump again. I still have a good sense of ripple, it is very suitable to be the next future coin. |
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if a bearish run has occurred, it will be very difficult to predict how long it can stop, any candle in any timeframe will not make a good pattern to buy. moreover what happens is almost all of the coins, it would be better if it did not fight the trend, because later it would be in vain. just wait until the trend down stops
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in my opinion, with the hash war and also the existence of the delayed BAKKT, it will worsen the market situation in 2019, or there is also the possibility that this will only last until black Friday and Christmas are completed, so that in 2019, it can be said that the good for entry markets
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Do you ever think that we gonna make money with this bearish market and I think even the professional trader already loss huge money. I wonder why some people still earn money with this market and I want to know it because as of now I still not earn money with this bearish market. Can anyone tell what your secret about earning money with this kind of market?
indeed most will be in a large loss position if they try to enter a bearish market like this, but actually there is still a possibility to get profit, scalping in hourly duration is possible, because crypto especially bitcoin still has the potential to fall deeper. The stop-loss feature must also be used to overcome unexpected things |
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IMO, it all depends on how mentally we are, in a market condition like this, I also take the time to continue to explore social media related to crypto just to add insight, and of course to train us that the words of FUDders are merely nonsense, crypto will have a moment, so indeed when the downfall moment occurs, we just need to be patient
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in my opinion, if crypto has a connection with the Central Bank, all efforts to make it happen will be in vain. Because crypto is not basically designed by that, but as long as it has an effort to reduce the risk of crypto, I also agree. Now we monitor their progress in collaborating with banks and crypto
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Just a little reminder for the Bitcoin price watchers! The price will drop slightly today, because a lot of people will be buying some goods and services with some of their bitcoins. These bitcoins will increase the supply of bitcoins on exchanges and we might see a little drop in the price as a direct result of that. So DO NOT panic, if this happens today. We hope that people will be motivated by merchants to buy at a reduced price, if they use bitcoins as the payment option. This will balance out the over supply of bitcoins, when there is a increase in the demand for coins. So Bitcoin merchants, offer some of those large discounts to people who only use Bitcoin as a payment option and see how the price will increase.  Hope this makes some sense.  the impact of Black Friday on bitcoin is indeed felt, especially if our assets are above 1 BTC. some HOLDERS who are mentally ill can even panic, and choose to sell now, then later they hope to buy at the lowest price at this time. On the other hand, losses are received by miners and ICO projects |
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Selling them is not necessarily bad. Most of the tokens out there are not going anywhere as the teams never manage to deliver what they promised.
Investing in random coins and tokens just for the sake of increasing your holdings without doing any research etc. won't get you anywhere. So if you're selling your tokens to bitcoin for example and then keep hodling, you're actually doing good.
But hold it without knowing that in the future there will be progress made by dev and the team is also more like gambling. Hoping that the coins we hold will go up but the coins have absolutely no new news or development according to their roadmap. That's why I prefer scalping |
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Binance is best exchange for day trade. This exchange support daily withdraw limit 2 btc without verification. Most of people like to trade on binance.
Also we can use stop limit option, this is very helpful for all traders. Anybody tell me which exchange is best for trade?
Bittrex is actually the best exchange, in my opinion. Double security every time we log in and there is also a stop loss feature even though I don't use the feature often. Bittrex also has many coin choices. The problem, it's just that at this time registration of a new account at Bittrex is quite difficult |
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The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
yes, number two is a case that happens a lot, people are greedy to take entry even when it's not yet time, it really needs careful calculations before doing it. For the hype it is indeed something that must be avoided, I was once the beginning of trading stuck in this hype, but fortunately still able to get profit |
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but if the price of bitcoin is not recovered like the price you want, how? Isn't it better to have a slight loss than to experience a full loss. In this case, many miners experience losses. They spend 100 $ just for a profit of 1 $ so I know the reason there are still many people btc BTC
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Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?
another way is to wait for the right time for entry, because if we misstep the entry trading even in a market we can consider dip, it can be very dangerous because what is feared is that this dip can still continue. Stop loss is also not really good but if at this time do you still not want to take this option? |
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This was announced a couple of hours ago only. Also, It's only postponed and not canceled so I don't see why and how this would trigger the dump.
this could have been a trigger for the dump because with the delay, some or even most people would choose to save FIAT or transfer their assets in other forms, yes, nothing else but to take profits in other forms, they thought the HOLD in undetermined time was more or less like just wasting time |
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