Good luck with your plan. I decided to buy during $5,500 not a whole and its only with my extra money but still, I'm trying to wait if this is the bottom or yet. Is it only me that has that feeling, when I feel the dip has been reached - I buy. And you know what? There's more dip for that dip.  I had being buying on all the dip and not so bad though I am on down side of my portfolio but as my rate is now average out so not that bad. This way once the price rise I would end up in a profit soon and would not have to wait for longer to get my price or profits booked due to average out strategy. |
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I have long realized that HODL strategy is not smart, it is imposed on us by manipulators, who profit from it. Ordinary people only lose on this strategy as a rule.
Well some time you need to have patience and consider this those who had being bought at early start of the bitcoin and would not have hold and sold it on some profits do you think they could have become millionaire or billionaire from bitcoins? Need to have strategy as per situation. |
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I agree with the people here. Whatever the condition, I believe. That in the future, bitcoin will dominate the payment system. And even still very likely, in the future. The value of bitcoin will increase many times the current value
It will rise manifold and quite possible that in this year itself btc could be double of the price at present value. We still have December left and some movement happens from here upwards price will rise much more quicker than it had fallen in last couple of days. So this is the time where either you become audience and keep looking from outside or buy and wait from the rise to happen and make money. |
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The truth is that,you don't expect everyone to embrace it,some will do why dome will not because that is the way of life.Some friends actually embrace why some ignored.
Many of friends do know the future belong to this crypto currency and are very interayed and have already buying the coins in this down market which is the best thing as you are getting the coin at lowest price and as well you can make money when the price starts to rise . Those who do not understand this concept do not take much interest in knowing more about it . |
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The market is now frustrated these days how every thing on the coinmarket cap have now went bad and worse now. However, I hope the better day of the market will come before end of the year.
It is quite sad that it still went down and some respite if given to people it would be benefit for the whole community as it needs to enter the green zone so that people does not get discourage and move out of this market and do not invest in it. |
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The question is, what happens when a coin skyrockets to a price satisfactory to every investor? Definitely, more than 90% of the investors will begin to withdraw in order to make profit. This is one of the factors that has caused the drop in price of Bitcoin. It is called the correction period and until the investors reduce the withdrawal and reach a stage where another set of investments are made which surpasses the withdrawal, the bear market will continue.
I would argue that 90% of the investors would begin to withdraw in the case you described in the first sentence. Most of the current investors are not traders and they are not looking for profits in a short term. The main factor which caused the drop in price was not the selling by most investors, but rather the selling by a few but very wealthy ones, who are called “whales”. And we will continue seeing the bearish trends every time the price rises significantly until they will run out of their stashes, in other words, until all the coins they have will be distributed among millions of long-term investors. it seems they know very well what to do, with the current conditions, indeed i think the whales are planning something to get big profits. technically the bearish trend still continues The bitcoin has corrected far more than it was expected and I think all the big whales probably are out of the market and might be looking at opportunity to buy back lower so that they can make huge profits as bull run might begin when they enter and can en cash profits before the year end and have a great year. Keep buying on the dips to get the better profits on your money. |
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The Ethereum bouncing back depends on the market and thus bitcoin. Therefore, unless the bitcoin can recover itself, the market will not be restored and all the altcoins will continue to crush.
you are absolutely right! but I still think that Bitcoin will change the trend in December and we will see how the cryptocurrency updates its peaks It will rise and rise and December again can be like last year and people who are getting afraid at this point may miss those rides and later might regret of not investing at 5k levels . We should always be investing in the down market rather than buying at very high levels or market is at peak. |
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History repeat itself just like last year when market was down with so many adversaries happened opposing bitcoin from SEC and rejecting ETF. We are still hopeful that we could see another great run from bitcoin before the end of the year as well as to all altcoins and see green uptrend again.
It is the nature of the market that fall is inevitable. Only thing this time it has fallen only and not risen much. If in between market has rose to couple of thousands $ it would have not hurt much as people would have made money on the increase which did not happened and thus feel are feeling that more dip can happen in the future. |
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You can invest and join crypto but never use your money have you get from your parent, maybe you can use your money for real business after getting profit you can invest your profit at crypto as got solution for you.
Invest only if you have excess money in crypto market as it is highly risky and also with current market quite unstable might lead to more losses if it dips further . Though their is a huge upside from here possible but if you require urgent mienyband market is down you would get struck and cannot sell it or will end up losing money . |
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Of course, for beginners and all those involved in cryptocurrency, we must be careful, in this crypto world we can get more results but are also prone to crime, so what we have to do remains within normal limits and remains confident of the results that will be obtained later
It is mandatory to understand in what we are investing and doing our own research before investing in the crypto market. It will benefit us only as we would just no invest based on anyone else recommendation which could turn out to be scam. |
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XRP already made x2 on the bear market. Have any thoughts about its nearest future sell now to rebuy? Or just wait?
Ripple has good growth potential. although many do not believe in this coin. I think that it is necessary to keep it in the long term XRP has being doing well today and has risen a bit as well. It can be bought for both short and long term investment purpose. Though in last couple of months we have seen huge spike in the demand as well and due to which suddenly it has again become an active coin. |
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2018 - the beginning of the bearish year, 2019 will continue to be bearish one and only in the end of 2019 we will see some rising
Does not seems that you will have to wait for 2019 end. It could be well before itself where the rise will happen and may be in Dec this year itself we can see some bounce back to happen. So it seems you being probably not invested in this dropped market infact it is the time to make purchases with lower value and hold it for some months. |
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do market research and filters on all news, because not all news is true, something is really done to shape public opinion and change crypto price levels. there are many news websites that you can follow and that you can make reference to in making investment decisions
Many times even media does not understand the deep meaning behind some sentence told by big investors or some country. Thus with the negative impression people sentiments change suddenly and they start getting panic easily and as a result sell off takes places which results in crash in the market. |
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People expecting when entering bitcoin trading it will be more easy and productive. But the reality is youre the ones will dictate weather you will become productive or just wait bitcoin will produce for you." no one comes easy but you strive for it for you to success.
It is happening because people now conceptualize that after 2017 bitcoin is the coin which will make everyone rich and everyone wants to make the money from it. In this case what has happened people have entered when market was high and all big investors who had bough at cheap prices sold at 18k and market crash. Thus people had lost huge money as they did not has stop limit and think every time bitcoin can rise that quickly in few weeks itself which is not happening. |
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there are lots of cases like you mentioned and so many of these new investors don't know how to become good ICO participants and the ICO who really can have requests and projects developed is very useful it has become very little because sometimes when ico finishes a lot once that is just nonsense and not in accordance with the plans in the whitepaper.
Let's not forget that what's on the whitepaper are just plans and the real thing is that these words written on the whitepaper will be tested when the tokens hit the market. Reality is, some of these ICOs won't even make it to to hit in the market. It is very important to understand and read everything and question still the time you get satisfying answer from the team. As it is your own money which you invest in it , it will be more wiser to do more research and see if it is worth it or not. This will help you to avoid any scam if so any. |
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Well said, I am very much looking forward to hunters can unite, but this seems impossible, because everyone is busy with their own business!
No body is beggar here. It is the opportunity to find out the best coin from the bunch of coins which can help you to get the best returns on your investment as compared to other coins and it is not easy to pick some form the thousand of such coins. So all kudos to those who can manage it. |
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since bitcoin has a huge impact on altcoins, respectively, the price of altcoins will also fall approximately three times
If btc falls to such great extent then many altcoins would go to cents marks and fall by 80% from the current price. As everything is depend upon the btc prices and if that only falls then altcoins naturally will be failing a lot. So always be cautious and do not invest all money under crypto. |
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90% percent of the coins may die but the question is how long. 90% percent of the coins may die but in such a period of time, there might be many new coins being released.
All the new coins which are released in a hurry and which does not have any sustainability in the long run due to not much use of such coins will cease to exists and coins like BTC, ETH and other top coins will also be the major player in the market. So choose wisely and invest accordingly. |
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Nothing is stable in crypto world!
Volatility is the biggest feature of the crypto currency and due to volatility the prices keep on moving up or down. And if it would not be volatile it would never even would have crossed 10k so faster. So for all speculators, investors or traders it is also opportunity to make money during this volatile market. But for couple of months if prices are range bound consider it as the stable price during that period. |
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Woah! This is quick in 24hours you can create your own crypto huh! Just be sure you have a good concept and usable to the community.
Creating crypto coin is not a problem but it has to be worth it and should be usable in next couple of years . Their are hundreds of such coin but all worthless so creating any coin is not helpful to community though how quickly you can create it . |
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