The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
Definitely agree with this I think the one who is complaining is the one who buy on the ATH so that they didn't understand the process we are on the long stage of bear market to prepare for having a next ATH if they study the chart they will see it that it was a cycle to have ath every 3 years so much better to prepare for it and wait for the right time. |
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I would like to understand the general sentiment here from people who gather lots of crypto-related info from various sources.
For my observation in the market it was not yet in the bottom but as you can see on the chart of daily you will see that it was the same chart or same pattern on 2016 it was slowly going up but we didn't know what are their plan if it is going to dump or not but I'm pretty sure it was near on the bottom so just wait for the perfect opportunity to buy on it and wait until it moon hard. |
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Every investments has a loses, not just you want to earn and get profits in an instant and never get loses in the whole run, we all cryptoner had to face this event, and not just bitcoin is bleeding right now, also most of the altcoins, so why would you turn your back and accept the loses if you can hold your assets for the long run. Be wiser man.
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2019 is not far from now and i think we might have seen the worse in 2018 because 2018 bear market came more like a surprise to all cryptocurrency enthusiasts and before we could realize the whole thing the market could not recover which have forced most of us to become holders of some altcoins and different ICO's token that ain't worth holding and now we are almost there in 2019. During the bull run a lot of analytics predicted that Bitcoin could reached $50K and above and now the reserve is the case throughout the year 2018. This year have taught a lot of us different lessons on how to cope during the bear market. May i know your own opinion on how you were able to scale through and survive during this unexpected 2018 bear market...
Thanks Guys
Surviving in this called bearmarket in this year is not easy to face, from some predictions made to announce about the value of bitcoin upto what we actually seeing by now, the only one thing i decided to do when i saw the trend is to hold, i have no choice because i want to survive and dont want to lose any assets i have. Bear market force me to hold thats is the truth. |
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Even you have an strategy in this current dip/bleed, no one can scape from being lost, the only one things sure is, wait for the ongoing dip and be active and wait for it to stop and stabilized, then buy back. Because if you face the dip now the only you get is lost.
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Not its not, holding is the key, if you are bought bitcoin at $15k before and sell it now, thats a bad idea. No one wants to get lose instead of making profits in crypto, just wait for the healthy recovery and dont let panic manipulates you.
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Most of the ICO bounty program are such a waste of time now adays, because all of them are scam, meaning if this kind of activity continues, the future of bounty program will no longer exist because of them, and bounty hunters getting more disappointed and quit one by one.
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Wait after holidays, because before the holidays i am sure weak hands will dump their coins to buy some stuff so they can celebrate christmas and new year, meaning at that time the very lowest price will show and that is the very right time to buy.
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You are too brave to bet all your money in ethereum, thats the spirits of believing in crypto. You invest that you can afford to lose, but lost is not in you, because i think you set your self for a long term investments settle.
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Even how hard this bitcoin price falls down, it will always go to start, i think the cycle is near to end because we all saw a huge/massive drops from weak hands, lets wait for the next generation massive adoption of crypto and we will see the big difference, because the existance of crypto is unstoppable.
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Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?
Altcoins <$1 can gives you a great profits in bullrun, or how investors take advantage on it, but the worst is it can be dump easily after it pump, drastically fall after weak hands earn enough profits, i suggest you to find a altcoins that had a strong community so that you can assure your assets there. |
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Bitcoin digging because of some fuds and negative news about it including those weak hands that want to become rich in just one night, fork of forks cannot affect bitcoin price but to increase.
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I think hodlers wants to see a massive adoption on that view, because without new investors, bitcoin will stagnant and stock at this rate of dip. Meaning the only one way that will surly can save them (hodlers) are a massive adoptions from banks and institutions.
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There are numerous ongoing bounty programs who are rewarding the bounty hunters by stakes model and sometimes bounty hunters are disappointed by the fact that ICO's don't meet the softcap thus the users do not get any benefit for their hard work or sometime they receive too little rewards for their hard work due to stakes systems, do we really need stakes system or the best thing will be provided a fixed amount of tokens for bounty (like $100 work of tokens per week or so)?
Honestly i hate to see that my stakes bigger but the value of it is worthless, i mean why they dont implement a fixed amount of token each weeks so that hunters can get it right away to avoid of waiting for distribution after the ICO, or pay all hunter from any kind of coins that are already listed so that the price of their token will not get affected after distribution, so they can really protect the price of it from dumpers. |
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These are my predictions for the next 3-4 months.
BITCOIN needs to bottom out and shake off all the weak hands, were almost there but not quite.
Ethereum is a young unregulated project, which a few people took advantage of by building scam coins on and in return ruining it for all the REAL projects on the platform. Once these scams are deflated and they all go to zero or get shut down by the government, ETH will be used by real world companies. The SEC is barely getting started cracking down on these ICO's.
What are you thoughts?
Im just waiting for the scam free ICO under ETH smart contracts, and want to see real world companies used or adopted crypto for more modern purposes, maybe this will the beginning of the massive adoptions, when there is no scam projects exist on any crypto projects. But as long as the existance of them are shown, the price will continue to falls unexpectedly. |
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I always choose ethereum, not just for being a founding father of smart contracts platform, but also has a high volume than LTC, even though theres alot of hard drop this ethereum now, i always choose ethereum, for future purposes.
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I think by the end of this year, the bitcoin price was $2000+ and still keep dropping in next year. I was concern about the drop every time when i visit the market, and i only see is reds.
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Last month to come, to complete the whole year of dips, a very long run for us to survive in crypto, but even though theres a lot of trials this year, i am sure next year is another for us to face and must to survive.
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based on your hyper activity in the past week or so that price has gone down it seems like you are the one who is worried. did you start shorting too late?  next time try to act faster instead of waiting for the bottom to be reached and then starting to short bitcoin if you don't want to lose a lot of money. haha. Lol, your right mate, OP's statements is sure to be for himself that who affected most, who acting like he knows everything but most likely he/she hurting himself at first place. |
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