I believe a lot of crypto-currencies investors who are investing for the long term are also hoping that the current bear market will end soon, but it seems that the trading market outlook is not very positive at the moment as there is not enough positive news to attract new investors from the traditional investment to switch their investment into crypto-currencies.
What positive news do you expect? Some analysts have launched a fake about the impact of positive news on the price in order to show their mind but at the same time shift the responsibility to the news. I don't believe that. It seems to me that bitcoin was popular as long as people believed that it would become a currency and replace the dollar as a reserve asset. But the actions of speculators have destroyed these hopes and therefore the idea of cryptocurrencies is coming to a collapse. |
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stacked in holding.
Market isn't dead, we're just in fall and struggling to go up because of bad news. If you will base it in the previous ATH, it will take not just a year for recovery or to have a new ATH. Not bad, it's worth the wait for a new ATH. I agree with you that the market is not dead. But maybe he was killed for a while. At the end of last year, large speculators entered the market and now the price of bitcoin is completely under their control. The classical demand scheme gives rise to supply is not working. Speculators will completely squeeze all possible finances from bitcoin and then throw this asset to the dump. |
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Bitcointalk Username: Lampaster
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Good article. Bravo to the author! You didn't discover anything new in your article, but you were able to organize all the information and put the accents correctly.
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for us also the biggest and also reliable, for us you can trade in market .hitbtc, binance, poloniex and also in bittrex, for us also will easy to get profit, and also many new coins there.
poloniex is not a reliable exchange. I have long withdrawn my capital from there. You of course can get lucky and you will not experience problems but my rule to leave the exchange after the first signals that users periodically have problems. Now really a lot of exchanges but there is no one reliable and universal. It seems to me that this market is still open for honest business. |
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The dollar rules the world. Nobody likes it and many States want to get rid of dollar dependence. America no longer serves as a world leader. For this reason, confidence in the dollar is declining. In power in all countries many corrupt officials and embezzlers. The US encourages this and, through its control over its dollar contributions, has a political impact on the world. Ordinary citizens suffer because they have to pay for the luxurious lives of politicians. It seems to me that this is the main reason for the popularity of cryptocurrencies. But after the exchange began to support the policy of KYC interest in cryptocurrency decreased. Now there is an outflow of large capital so the price is reduced.
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this has already been shown by practice. Although there is no certainty that this is because of this began price correction. Most likely simple have been greatly exaggerated the popularity of the cryptocurrency. Overestimated her, that's all. Now we will go to those prices that are really real.
It seems to me that the appearance of futures contracts in the bitcoin market was the main reason for the price decline. So it was always with all the goods that used this form of trade. It seems to me that the average speculative capital left bitcoin and gave way to large traders who make a profit not on volatility but on sales volumes. |
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I believe we are witnessing capitulation and the bears have the control now, and it might be followed by another long movement of nothing for two years until the next halving. Kwukduck might be right in his $3,500 target to buy back after all. Hahaha.
Why do bears always lower prices? Everything has limits. It seems to me that the decline in prices to 5900 dollars is a temporary phenomenon. Bears test their strength and calculate the economic effect of further price reduction. In the end, the death of bitcoin is not beneficial to anyone. Bears want to give the steering wheel to the bulls but they don't want to take it and it can be a problem for everyone. |
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bitcoin is currently experiencing anxiety a lot of bad news and some FUD in circulation and can make bitcoin prices to go down because many traders are easily panic that makes bitcoin collapsed.
This will not make bitcoin collapsed. This can leave many people without profit or reduce their profit but it always happens. After takeoff, the plane lands at the airport for refueling and takes off again. I am sure that bitcoin will do the same. You have to be patient or accept defeat. Everyone chooses for himself what he wants. |
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If protectionism will cause a severe economic crisis, the prices of cryptocurrencies might experience some increase, as people would be using them as a hedge against their crumbling national economy. But is not as simple as "Trump announced new tariffs - Bitcoin to the moon", it would have to take a long time to notice this effect, and some other effects like the usual volatility and market cycles can easily dwarf any boosts gained from protectionism.
Trump is an idiot who is recruited by Putin. All his statements are aimed at the destruction of the world order. It seems to me that all this will end with impeachment but the consequences of trump's destructive actions in the world economy will be felt for a long time. But I'm sure it'll only be about Fiat. Crypto-economy will remain on the sidelines. |
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I wonder how much they've already sold. Maybe they have almost no reserves left? But I don't care what they do next. They've already done their job. Trust in bitcoin is undermined. It will be a long time before bitcoin will recover. Now nothing will change from whether this old idiot will sell coins. I wonder how much he was paid?
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I have no fear of further price drops. This quality in bitcoin annoys me but I'm already used to it. Sometimes I even make money on volatility. But trading on the stock exchange is not my main income. I have long since returned all the money invested in bitcoin so I can afford to keep calm in any conditions.
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Seeing how many projects that conduct ICO are listed in Exchange at lower prices than it was stated during the ICO, investors continue to invest in projects.
Why are they still doing this?
I'm not talking about scammers...
Sorry for my English.
Most ICO passes through this stage. Many investors are not who they say they are. These are speculators who wait for the first growth of tokens and sell them in order to make a profit and not risk their investments. Then comes the turn of those who are ready to buy coins and wait for their recovery. The fate of the project is of little interest. that's why many projects go bankrupt. |
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Lol. What else can they say? I have long been not using the services of Western Union. They require a lot of formalities and the tariff policy of this company is insane. XRP is much cheaper and more convenient. Western Union statements are an attempt to defame a competitor and nothing more. I think that time of such companies irrevocably leaves.
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Everyone is attracted by the opportunity to make a profit. But this market reminds me of the Islands on which seals grow their offspring. During this period there are always a lot of sharks. Where there is an opportunity to make a profit there is always a lot of scams. This is the biggest ICO problem.
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You're so excited about the price of $ 7,000 that it makes me laugh. This price is low and will not change the mood in the market. For me, the signal to the fact that bitcoin is restored will be the price of 12,000 dollars. It's a long way from that. If you sell bitcoin for $ 6,000 or $ 7,000 it will be cheap. I don't see any reason to be happy.
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It seems to me that those who hoped to do nothing and live all the time due to the increase in bitcoin prices this year got a cold shower. Bitcoin is a currency that you need to be able to earn. I hope now will be less willing to hold coins in the wallet. They will get a movement and we will see the use of bitcoin in trading. This will bring more benefits than speculation.
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This thread was created several months ago but the current situation is very similar to the circumstances when this thread is created. the current bitcoin price drops like a falling stone.
I noticed that too. It seems to me that the bears have captured the market for the whole year. The situation will not change dramatically. There may be a slight volatility but the downward trend in prices will persist for a long time. It seems to me that the speculators left the bitcoin market and now we see its real value. |
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Can all the people telling others what to do please list their qualifications to do so and provide references? I'd also like to see a timestamped trading history too so I can ascertain how skilled they were at making the right calls in the past.
Looking forward to the documentation, thanks.
Are you serious? Such trolls on the Internet very much. You don't need his trading history. You can be sure that it is not. Once an old and clever Jew told me"If you are so clever then show how much money you have". I never listen to the forecasts of even well-known financiers. They are all part of the system and each has its own goals. |
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You haven't discovered America for anyone. Big capital always affects prices. Tell me any currency that has a real value. All Fiat are also managed by the Central Bank and the government. If you want complete decentralization, I recommend you live on a desert island.
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