If the bear market stays longer than expected will you take your leave and forget cryptocurrency ever existed? But the marketcap is getting larger and larger is that not enough to change your minds and stay?
I'm not tired of waiting, but right now I'm getting tired of seeing the current market. You know that for months the market has been in a downtrend so maybe it's not just me who feels this. we need a new passion to make the market more beautiful. I would like to be mistaken, but it seems to me that a significant increase in the cryptocurrency should be expected only after a couple of years.
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Well, crypto wasn't created to remove poverty from the world or to help a certain community. It was created as a financial instrument, just like dollar or yuan etc. Just a medium of payment but then people exploited it to get rich. Some of them got successful and some failed.
Atomic energy was also created to solve the energy problems of mankind, with good intentions. But bad people have made of atomic energy a weapon capable of destroying all of humanity within a few hours.
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I also see a similar situation, many projects with access to the stock exchange simply disappear before our eyes. Recently, the ICO market has been losing its trust .
Besides the bad market, some projects simply did nothing. A project may have a beautiful idea, but the finished product will appear in a year or two. Therefore, the price flies down.
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I think that the major players will invest in the crypto market, but this will not be Bitcoin, but for example trx or something else. But these investments will ultimately affect the entire crypto currency market.
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Hey guys what do you think? Is it better to hold ether or altcoins? I think alts are better because they can give you more profit, however it is quiet risky to hold them.
Yeah, I guess it's not a bad idea to invest small part of the deposit in small cap projects, which can bring extra profit. But they could bring losses as well and you never know for sure what project will outperform in a long term, so first of all diversify your investments. If you make a qualitative analysis of projects before investing, this will greatly increase the chances of success. I would not chase the number of projects, it is better to concentrate on several of the most promising.
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I think that cryptocurrencies will be for a long time, but I do not expect that there will be the same big waves of market growth, as it was before.
For some reason it seems to me that the waves of growth can be even more than before. Of course I cannot see the future, but I draw conclusions based on the behavior of the crypto market in the past.
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Panic selling is just the stupidest thing to do. It brings nothing but the loss of money and bad mood for a long time. We must have patience and only deliberate actions.
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I don't really think that it would help, Just stay calm and don't let it ride you ,You would only lose more money if you would sell because of it.
if the red market is too long, it's natural for many people to panic for fear of going down. but in panic it cannot produce anything and cannot change anything, so throw away panic. now the market is green even though not all of them but have gone up despite only a few percent, hopefully this will increase so that it can recover and be profitable. You should always follow your own strategy. A red market only means that there is a good opportunity to buy coins at a big discount. On this you can make good money in the future.
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I would like to argue that this might only be a few moments, and then come back like normal days (red). And if indeed this will continue to experience good conditions, I think the price increase will continue at an ever-increasing pace. At least the price of bitcoin will rise above $ 4000 in 48 hours.
Please remember after 14 months of bear markets, we are not going to have bull markets in sudden but we are going to have a sideways before the start of bull markets. Hence, I will not be shocked if bitcoin will be failing to break $4000 this time and going back to $3400 levels. But, I am also seeing an intensive buying pressure which may lead to $4200 levels before seeing any chances for coming down. We have fallen for many months in a row and a little correction just must happen one day. It doesn't mean the bull run has begun at all.
Yes, this might be a correction in bear markets. But get ready for more this types of corrections in coming days as bitcoin may struck range bound for another few months before it will be getting ready for another strong bull run. I, too, are still pisimistic. For the turning point is still too early. Much more growth is needed in order to be able to talk about the return of the bull period. Don't be pessimistic but this is the crypto journey that must have good progress, let's go back to expectations and the market starts to improve. The relatively good increase at the beginning of this month is a process to get a bull this year. I remain optimistic about the future cryptocurrency, but for now I think that the time has not yet come for bullish growth.
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KYC does one very bad thing. This makes bounty hunters lose faith in the project, which means that the project is losing the community. It seems to me that the community is important for the project.
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Why get out when the bear seasons favours all?bearish time is the best time to invest and get good coins at cheaper rates ,I think you are making a big mistake ,you should have said 'bear season is the best time to get into crypto' ,all those who joined this time will know how lucky they are when bullrun comes
Now is the best time to invest at low prices, now is not the time to leave the market. People who look far into the future make investments while the assets are very cheap.
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I would like to argue that this might only be a few moments, and then come back like normal days (red). And if indeed this will continue to experience good conditions, I think the price increase will continue at an ever-increasing pace. At least the price of bitcoin will rise above $ 4000 in 48 hours.
Please remember after 14 months of bear markets, we are not going to have bull markets in sudden but we are going to have a sideways before the start of bull markets. Hence, I will not be shocked if bitcoin will be failing to break $4000 this time and going back to $3400 levels. But, I am also seeing an intensive buying pressure which may lead to $4200 levels before seeing any chances for coming down. We have fallen for many months in a row and a little correction just must happen one day. It doesn't mean the bull run has begun at all.
Yes, this might be a correction in bear markets. But get ready for more this types of corrections in coming days as bitcoin may struck range bound for another few months before it will be getting ready for another strong bull run. I, too, are still pisimistic. For the turning point is still too early. Much more growth is needed in order to be able to talk about the return of the bull period.
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In the near future, eth should show to be a good candidate for investment. Soon the developers will show their achievements and this can be very cool.
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Until now no one can say what will be happen in the future for my prediction until now lot of altcoins and tokens gonna continue to fall at this 2019 also same as 2018.
There are still reserves for further decline. While I see no reason for growth. Prices should drop even more before starting to grow again.
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Of course many are now frightened, but I believe that so far the level of fear is tolerable. If we talk about how the market fell earlier, then the level of fear was critical. At the moment, many miners work at a loss, of course it also depends on the country of residence and initial costs. I'm more interested in what will happen to mining when the next complexity bomb explodes.
Now it seems that the market situation has stabilized. Some more time the market will be in the same condition and only after a while new growth is possible. Only the most faithful representatives of the crypto industry should survive.
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If you haven't already sold your ALTs simply hold if your project is decent. If the project has no future sell and buy into a decent project. This is all you can do to recover your loss without putting in more money. It will probably take a couple of years to recover your loss!
Some ALTs will never recover from this crash!
It is an ugly situation!
I think you can just relax and do nothing with your altcoins. Even if some of your altcoins disappear, others can bring a good income. But this is only one of the options, but the easiest.
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I used to track my portfolio using blockfolio for sometime and I switched to Delta. I found Delta app more accurate and you can connect your wallet address to keep track the outgoing and incoming transactions. However, i also checked my tokens in etherscan to check my holdings and which tokens I'm gonna sell =).
Blockfolio is enough for me, but I still have my nameplate in exel. I do not check information every day, but I do it once a week or less.
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A crypto currency will definitely remain for a long time in our world, because society needs it. It is just a matter of time.
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You can sell coins to get short-term profits, but if you think about the distant future, then there is no point in selling. Some projects can bring huge profits.
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