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Question: Is now the time to sell, hold or buy?  (Voting closed: February 10, 2018, 05:50:48 PM)
Sell until there is still time - 1 (7.7%)
Buy, now almost everything is down - 5 (38.5%)
Just keep calm and hold - 5 (38.5%)
I just want to see the results - 2 (15.4%)
Total Voters: 13

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Author Topic: Is the market of cryptocurrencies inevitably going down?  (Read 234 times)
kryptqnick (OP)
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February 04, 2018, 04:14:47 PM
 #21


I do not see it as a bad sign, a good news even. If you look at it, it will lessen the bad and scam ICOs from facebook. Thus lessening those newbie crypto investors getting caught in bad ICOs, less bad reps for crypto. Less people associating crypto and bitcoin to scam and ponzi.
Yes, I agree with that, I just didn't know they banned all kinds of crypto advertising.
if you think it is easy money then many people would be millionaires very easily, there is no easy money, people strive to make money
Well, in my country the average salary for a full-time job (in the capital!) is about $300. For a part-time job one can earn about $180 in a very good case. There used to be a time recently when one could have $350 per month for a signature campaign job, which is an interesting and not very hard job. That's what I meant by easy money. Oh, and secondly, the easiness was out there for trading. One could just pick 4 top coins, buy them and have solid profit from 3 out of 4 in a few months.

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Kurokonobasuke
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February 04, 2018, 04:50:18 PM
 #22

The market is down, especially disappointing is btc's behavior. The news on btc say sad things like that bitcoin is just a bubble that exploded and everything.. But not only bitcoin is having hard times. Most of top coins are as well. I want to know what the forum members think about all this. Is it really the end of nice and easy money? Will we ever see bitcoin worth $20k again?
I was saving some money in btc and it is quite depressing that a month ago I had about $900 and now every week I receive the payment from a signature campaign and see the sum in USD decreasing...
It is indeed inevitably falling due to their volatility in nature. But no dumps are permanent . Surely, each of the cryptos' market value will increase including Bitcoin's. Holding then, will be a good idea and investing now that its market price is low, will be better. Forget about sellimg because it will not be an advantage for this scenario.

Mometaskers
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February 04, 2018, 05:33:14 PM
 #23

Winter has passed but hodl the coin still.  Grin 

Thing is, you've already placed your money in this knowing the risks and all. "Hindsight is 20/20" works both ways. "Oh, I should have sold it during the ATH, now I have to sell at a loss and get out quick" and then when it rises again "Sigh, I've sold off all those bitcoins. Now it's rising again and have to buy it back higher. I should have stockpiled then".

But, you do you. If you really need that money then take it out, just don't nag at yourself later.
gledek
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February 17, 2018, 06:35:29 AM
 #24

the market goes up and down is already common, but if we have a lot of coin and want to sell but the price is still down, maybe better calm down and hold, wait for the price to rise.
any price reduction there will be an increase in price, do not panic here, stay calm.
krishnaverma
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February 17, 2018, 07:22:05 AM
 #25

The market is down, especially disappointing is btc's behavior. The news on btc say sad things like that bitcoin is just a bubble that exploded and everything.. But not only bitcoin is having hard times. Most of top coins are as well. I want to know what the forum members think about all this. Is it really the end of nice and easy money? Will we ever see bitcoin worth $20k again?
I was saving some money in btc and it is quite depressing that a month ago I had about $900 and now every week I receive the payment from a signature campaign and see the sum in USD decreasing...

If you have other sources of income, just leave that money from signature campaigns untouched. This way you can accumulate good quantity of bitcoins over time. I think if your goal is to achieve returns like ten times or so at current price levels, you need to forget about the bitcoins in your wallet for next five years.
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