Well , they say never buy in top neither when it is on bottom , because if you are not sure it is the bottom it can goes deeper! 2 points are not very stable , very top and very bottom , between those would have less risk .
Agree. Not at the bottom, the coin should show the potential to grow, change the trend from down to the growth, than I buy Well you're talking like there's a way for us to determine where the bottom would be lol. Any top coin has the potential to grow given time so ny price that seems to go downward should be a good buy as long as you're comfortable with it. Of course it could always go down more but if the coin has potential, the exit price should be way above your entry point.
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HODL is the best option if you are holding top level coin or some legit coin.holing some shit or low cap coin is just like you are wasting your time and money. A lot of coins would die soon only legit coin with legit team would survive. So recheck your holding list and try to research more about the project remaining fund and road map.
I agree. Most top coins are for long term and haven't yet peaked at full so it's just sound to keep them in your stash. Personally i like the chances of lower coins for day trading especially because a lot of them tend to be a little more volatile in this kind of market situation.
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There are skillful traders that I know who can avoid losses even the market is down. They said that there are strategies and techniques that we can use in order to make profit even the market is still bear.
Of course there are. Though some i think doesn't deal with major coins like btc and eth and instead trade with coins that has a little more movement. Regardless of what market, anyone can take advantage of it's volatility to enter and exit. It's sometimes a gamble though especially if you don't have that much to spare.
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You are wrong! Even if they are very influential person im thr cryptocurrency market. They are still using indicators and technical analysis when they are buying cryptocurrencies. They know the risks that they are taking so they are very careful to their decisions.
If they are having whole command over market so they are not foolish to do all this without any kind of plan or proper system, I think whatever they do is preplanned and they are working with team of expert traders and investors who use to make them do everything on right time, as buying at low and selling high according to indication of all experts. Yeah that's right though it probably means that whales don't fall for fomo or fud inducing news and reports. They have enough assets to burn to be concerned over these things. And of course they also use ta's and they can also sway the market most of the time. These indicators mainly affect middle and small traders like us.
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Well, first of all, if you are newbie then day-trading is not for you. Many investors just jump into day-trading without knowing about it, in the end they suffer losses, so it would be better before doing day-trading spend a few months to know well about the market.
Dude everyone starts as a newbie. Even experienced daytraders won't be where they are right now if they just gave up when they started getting losses. I think as a newbie, you can't avoid making mistakes and getting losses. It's part of the experience and it's how you learn from these mistakes that'll spell the difference in the future.
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It's still the traders fault, regardless of the reason why the price suddenly dropped. No one will hit the Buy or Sell button but you. So its your decision, its your choice and you should take the blame if you loss hundreds, thousands or perhaps millions in trading. You don't blame the news as well, its the people who will react on the news and not the other way around.
I guess that's the hard truth. Same thing if you lost because you followed someone else's instruction or got scammed. The market is there for you to study and you have to work for it to be efficient. Though losses will happen whether you prepare or not, at least there won't be any regrets if you did your part.
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New Orleans has announced that Anthony Davis wouldn't sit the rest of the season, he'll keep playing. Well probably they should've bitten the last offer of the lakers with their young core plus rondo and beasley when they had the chance. Ad said he wanted to be traded anyways. Too greedy, the pels may have let slip a core that could go far in a year or two.
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Lol. I would only bet that huge amount if i'm really sure about winning. Though you placed that big a bet so probably you can afford to lose that much as well. I know a lot of people also lost simply because they're betting against tom brady winning another bowl lol.
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in this kind of market that the price are playing around 3400$ for a long period of time, I guess this is already the bottom of the bearish market but we dont know when we will experience again the bull market.
Well it seems that people are divided as well pretty evenly based on the votes lol. The most recent low was at 3.1k and i think we have a fair chance of touching that again or even going sub 3k. But for me it's accumulation time anyways so regardless, it'll just provide good opportunity to buy in cheap for the long run.
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every year before Chinese new year around 2-4week BTC price alway drop like last year from 11xxx in 28 jan drop to 62xx in 06 feb.
after Chinese new year (16 feb 2018) price rise back do you think this year is same pattern? What is the influence that the Chinese still have on price? already have months that the Chinese stopped exerting a great influence on the prices of cryptos. So I doubt very much that the Chinese New Year will have any influence on the price of bitcoin, the reality is that people have become accustomed to many things, are not those time of the past where any nope moved the markets Well there's always this speculation about cny affecting the market every year though i don't see any direct effect it may have. The regular holidays where people usually spend more have hardly any effect in pulling the price down or pushing it up.
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Bitcoin's crash to less than 100$ will be the worst economic crash of all time. Besides, it will only give more room to centralize bitcoin as only institutional investors can handle that much, not sure they will do willingly though. But sure nothing is impossible, hell... I wanna see those low again.
Well, the likelihood i think is very low. Even if it gets to a point where it's close to breaking a 1k support, i think people and investors would grab the opportunity to buy in bulk. There are a lot of big players or whales that are probably just waiting a little longer for the price to drop more before they start making a move.
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Really we see again a price drop but maybe the price will not drop below 3000$ and possible stay at this range for a long time. I didn't expected such a low price at this time for bitcoin, but maybe this happen before a new bull run.
This seems that some of the big players are just awaiting the prices around 3k and they will buy in bulk which will lead to huge price rise. People will make huge money if they stay invested now rather than buying at high price or wait for further correction as it could start to rise soon. Or big players may still opt to wait until the price drops lower before buying lol. They can even sell in bulk to make that happen 😆 though if we are going to make a recovery, i doubt it'll come from a bull run. I don't think we're going to get the same movement as 2017 for a long time. It's going to be a lazy, boring 2019 at least for the first half.
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I dont follow this individual but he does make an impact whenever he talks in the cryptospace. I am sure this tweet will carry some truth for those who do follow him for his predictions. Ofcourse there are many things which are known to bring the price back up in a few months. So this is sort of like what you would get by going to a fortune teller at a carnival.
Simply, the cryptocurrency market, in any case, should soon recover. Manipulators of the market will no longer benefit from stagnating the market. He just might already start to fall apart slowly. Already there is a decline in public interest in cryptocurrency. Therefore, I think that no later than the second quarter, the cryptocurrency market should start growing. We've all been thinking that it would do that last year. I doubt many expected that we'd be back in the 3k levels at this point. It was stagnant at 6k and we thought that was as low as it can get, and now we're stagnant at 3.5k. Who knows when that recovery will start. I'm betting it'll take longer than the 2nd quarter of this year.
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After a long the market was found recovering with majority of the coins being indicated in green. Possibly the market will progress slowly, and this seems to be the beginning. Even in the past during the days close to the Chinese New Year there'll be market variation. This too maybe the same. Hope the growth continues in a gradual manner.
Hopefully it does. There have been a lot of times when the market showed green in general for a few days and was really promising, but then turned around again. I guess we really can't expect a sustained recovery just yet unless we get a legitimate catalyst to start off a run.
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I’m buying regularly with each monthly wage. I advise everybody to do the same no matter how small the amount is. Prices will certainly increase & you’ll make good profits.
Patience is required though.
How are you feeling about all those transactions fees? Those add up don't they?? Do you buy at Coinbase or where else?? it seems like now the cost of all transactions that occur has a very cheap value because the falling price of bitcoin makes the value of the cost cheaper, and maybe you can buy bitcoin in coinbase, localbitcoins or you can buy it directly on blockchain.info. Well sound advice if you plan on staying in crypto for a long while and if you can afford holding for a year or more. The current price is fairly low that i'm quite confident that if you buy now and the price drops even more, it won't matter. I believe btc will be worth more than 10k in a year or two so buying now and holding would really be profitable in the long run.
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When everyone around me was buying I should have prepared to sell. Buy back at the bottom.
That has been the way wise traders trade! If you want to invest and make money you are to be selling when others are buying and buying when others are selling. That is one of the greatest lessons I have learned from 2018. Though it's not that easy to go against the trend since there are also times when it'll produce good results. For me the takeaway is that regardless of what's happening to the market or whatever the trend is, make sure you studied and prepared for what you're going to get yourself into. Most of those that got rekt just jumped into the hype of 2017.
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people always look for someone to blame when they lose money, and this case is no different. ever since the bitcoin price started dropping people started blaming others. sometimes these "others" can be imaginary too like "whales" and sometimes they exist but they are not as big or powerful as they make them to be in their heads.
the Mtgox case is one of them. people started blaming them ever since the price started dropping. and that has been exaggerated each time a new article about it is published up to this point which is even blaming the whole bear market on Mtgox!
Well people probably don't understand how that will work. I doubt that at the state of the market today, the people who received their bitcoin from would start mass selling their btcs that took a long time for them to acquire, to cause a negative effect.
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Bitcoin is a bubble, but now it explodes when it flies too high. Currently, Bitcoin is like a balloon, and it is waiting for someone to pump air into it so it can fly. We can now consider it something difficult but still have to wait.
Bitcoin price movements are not just like bubble but bitcoin is more like a very large tsunami wave that will rise to high when there is good news and like what happens with waves in the sea will rise when there is a big earthquake. ☝☝☝ what?? A little bit too poetic dude to compare it to a tsunami lol. I agree that it's more like a balloon that's being deflated and inflated over time. It's constantly happening all throughout bitcoin's existence and will continue to happen way into the future.
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I voted for $800.
Currently I don't consider any new buys, but if the price fall below $800, I will seriously think about few more Bitcoin. But I don't think we will see a such disastrous price anyway.
I'm with you bro, if bitcoin gets to $800, I'll consider doing an ICO for my project, hopefully, it would be sustained long term, as I think that might be the ultimate bottom. But, hey I could be wrong, the market has a way of proving one wrong. if the price of bitcoin falls to the price of $ 800 it seems that it is not possible because it will certainly have a negative influence on the price of other cryptocurrency so I prefer the price of $ 2700 and in my opinion it is the lowest point in 2019. $800 will be too deep for bitcoin price to get down, and I am not sure that is the deepest price of the fallen. I only hope that the price will not go down too deep and even if the price is down, it does not reach less than $3000 so the price can bounce up in a short time. But still, we don't know for sure, and we could only wait how much the price will go down. Well 2.7k and below would already be a very good entry if it even goes that low. I think just around the 3k area would already be a good point to start buying since a few hundred bucks wouldn't really make that big of difference if, for example, bitcoin hits above 5k by the end of the year. 3k and lower would be very profitable already.
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a lot of analysis and articles that I read from all the best traders, I see a lot of them who say that by the end of 2019 it will restart its good reputation for bitcoin, of course it's not easy but I hope their predictions are right that there will be a recovery for the bitcoin price at the end later in 2019
I think 2019 we are a little lucky because our market is improving us and it would be good if we support these market prices, we don't need to doubt the current market price drop in 2019, we just have to be patient, the key Lol. How can you say we're improving when we're slowly dropping back to the previous low of close to 3k. Though i'm also positive that this year would be better mainly because we already started at a very low level where we can only go up. Unlike last year. It just may take time or even the whole year for a slow recovery.
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