I don't think that Tron will be able to get into the top 3 in overall cryptocurrencies.
This is a pump and dump coin after all of those hypes about partnerships. It has come up something new by acquiring blockchain.org and putting it into news but that didn't take effect much.
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Now there is a wonderful opportunity to buy reliable crypto currency at a low price! In the future, the market must recover!
The market is recovering and each of those coins on CMC are on green. But it's still a good buy if you want to buy before it goes rapid on increase. My expectation is that market will recover in the short term but won't gain back what was lost in two weeks. In the long term bull season will arise and make us profit.
This is base on your observation? I observed this happened in the past, when it recovers for awhile after few days its going down again.
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Please stick only to one thread. You posted another thread for this same ANN and that is against the rules.
Lock the other thread you created.
Sorry, I had some connection problems, so it seems it was posted twice. It was not intentional. Thank you for your remark. I'm just trying to help you out and the forum so you would do the right thing. It's fine now that you have locked it.
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Please stick only to one thread. You posted another thread for this same ANN and that is against the rules.
Lock the other thread you created.
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I already stopped a couple of months but my friend keeps me encourage to stay here and be positive thoughts I could say that patience is the key of success... We must need to be careful and be courageous though it's hard to believe but we need it to encourage ourselves..
And your friend won against you because he managed to encourage you to stay. In my story, I stopped encouraging people to stay. In my community there are different types of people and most of them only seeks to get profit out of nothing in the easiest way that they can. They are all discouraged after the December 2017 breakout.
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Because most people who posses Bitcoin are leaving thinking Bitcoin will drop further and loose there money and that is happening not just for Bitcoin but for other currencies too and I think that is the main reason for the huge drop
Leaving what? no people aren't leaving bitcoin. It's a normal correction where there are traders who took profit. They won't leave bitcoin, as a matter of fact the bitcoin dominance has increased closely to 55% and that means people are buying more bitcoin, trading with bitcoin.
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Those votes will do nothing unless that 10,000 people you want to vote will bring in money and start buying bitcoin altogether. What do you dream of if Bitcoin prices rise towards the end of 2018?
I won't talk about dream given the fact that we all want the best to happen for bitcoin and we will benefit from it. What would you do if Bitcoin prices continued to increase towards the end of 2018?
Few sells and will keep holding.
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You may not know maybe a relative of that guy or friend is taking advantage while your away after you exposed that you've got hardware wallet (trezor/nano).
It can also be another scam tactic if that guy was saving his seeds to any of his computer/laptop and a malware/virus came in where can grant remote access.
I'll follow that thread to know more.
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Most of the people lack's patience every time the market price is dropping and that is the reason they lose a huge amount of their investment due to the volatility of the market.
Lack of patience, lack of experience and they never treat these corrections as a nightmare but not an opportunity to buy at very low price. They look at the crypto market as an abnormal market where they will buy a coin worth $1 and will think of the profit few days with 1000% gains. Though this happened before but it's unlikely today. Still safe to say that this is somehow happening today. These kind of people were those who has believed the hype that Bitcoin brought us last December 2017. Actually not only the lack of patience is to blame for the loss here, but also the lack of knowledge or misconception on how to properly handle the cryptocurrency investment. Youre right about those people who want to buy $1 coin then wants to become rich overnight , they'll probably the one's who will loss a huge chunk. Those things that they are lack of because of their negligence of what they are investing. There are many factors that has been forgotten but those are only few of it. Thinking that there's an investment that has no risk and its purely gain so whenever they see the charts flowing with red signs, they are broke already.
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Can't remove the chance and it's possible.
But as long a it remain strong at $6,000 until August 20, it's unlikely.
And September is also coming as we've known that the decisions of ETF can be another thrilling action for the market.
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Why do many people predict that from 2019 to 2020 there will be a soaring increase.
There's a pattern for the crypto market increase so you can see it. Do you think that the prediction will really happen?
No harm if I'll believe. And will you also feel the prediction that there will be an increase in Altcoin?
Alts dropped too much too so its becoming ready to take off. I saw many of my friends panicking. I feel confused to give answers to them.
Relax, don't let yourself affected by that panic fever.
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Most of the people lack's patience every time the market price is dropping and that is the reason they lose a huge amount of their investment due to the volatility of the market.
Lack of patience, lack of experience and they never treat these corrections as a nightmare but not an opportunity to buy at very low price. They look at the crypto market as an abnormal market where they will buy a coin worth $1 and will think of the profit few days with 1000% gains. Though this happened before but it's unlikely today.
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As you can see altcoins are affected by bitcoin's price.
And while bitcoin is being pulled down by an unknown force to slide it to the bottom, altcoins are also sliding together with bitcoin.
It seems more like these days, that bear force most especially for altcoins is really just out of this world. Sorry to digress a bit, but the last upward correction for bitcoin where we had some pretty good push towards $8300, actually made me feel the altcoins could use that as a chance, but they just kept dropping pretty fast. Honestly, some times, with the huge complexity of this market, it would take some pretty huge experience and carefulness to hit it right as you can never judge by the past moves at all. Bitcoin though seems to be gaining some huge dominance which presently is over 50% and that shows some great level of support for bitcoin at this stage, but how far we are going to go down, is still left with time right now and I really pity how some alts are really going to end up if the market gets hugely beaten already than it is now. Right, I've also seen that opposite movement that alts did when bitcoin stretched too $8,300. BTC dominance has increased again by 0.4% today. This only proves that bitcoin and the crypto market is very unpredictable. With any technical analysis we've got, it's showing some unexpected movement towards our expectations.
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for today the price for one Bitcoin is 6000 dollars, I think bitcoin will be as much as possible down to 5000 dollars but definitely not up to 3000
It went below $6,000 but it wasn't too far, it's $5,800 - $5,900. $3,000? I'm still not confident until we go back to $8,000 first but this is a market that everything can happens so be ready and prepare on whatever it turns out.
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Encouraging.
I advise that most of the newbies that can't take to see their portfolios read the message of the OP.
It's very essential for a market to have those times of down before it goes up. I liked what he said and newbies can easily understand that this fall means a lot if they try to understand it.
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