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Author Topic: why NEXUS falls ?  (Read 1119 times)
mickaelsilver10 (OP)
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September 25, 2017, 01:27:52 PM
 #1


Some time ago, Nexus hit peaks to reach more than $ 3.5- $ 4
Today, the NXS price has dropped dramatically to less than $ 2!
Why such a correction while good news was expected for this month of September?

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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September 25, 2017, 02:02:06 PM
 #2


Some time ago, Nexus hit peaks to reach more than $ 3.5- $ 4
Today, the NXS price has dropped dramatically to less than $ 2!
Why such a correction while good news was expected for this month of September?


Nexus is a great project.
I wouldn't worry much about the recent drop. If anything, it's a good time to buy some more of it to hold. I would expect it to get back around it's ATH shortly after this current drop in the market ends.

This is just the ebb and flow of the crypto market. Nothing to fret about.

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September 25, 2017, 02:05:27 PM
 #3


Some time ago, Nexus hit peaks to reach more than $ 3.5- $ 4
Today, the NXS price has dropped dramatically to less than $ 2!
Why such a correction while good news was expected for this month of September?


May I know what news are you talking about?
nhote
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September 25, 2017, 02:13:34 PM
 #4

buy the hype, sell the news. NXS rallied in view of its big conference last week. as usual in crypto, people cashed in and started selling right on news release. this will be some correction but i also think that steady growth will follow once the price will bottom out
mickaelsilver10 (OP)
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September 25, 2017, 02:24:10 PM
 #5


Some time ago, Nexus hit peaks to reach more than $ 3.5- $ 4
Today, the NXS price has dropped dramatically to less than $ 2!
Why such a correction while good news was expected for this month of September?


May I know what news are you talking about?



I just wanted to talk about their conference last week.
The price went up before this conference and since that has been falling ...
I thought the project would be serious enough to avoid seeing the price of the coin inflate artificially before the conference

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September 25, 2017, 02:29:55 PM
 #6


Some time ago, Nexus hit peaks to reach more than $ 3.5- $ 4
Today, the NXS price has dropped dramatically to less than $ 2!
Why such a correction while good news was expected for this month of September?


May I know what news are you talking about?



I just wanted to talk about their conference last week.
The price went up before this conference and since that has been falling ...
I thought the project would be serious enough to avoid seeing the price of the coin inflate artificially before the conference
Expect the unexpected not all news and our assumptions would always go on the way we do want to go.
This is why i dont really rely too much on purchasing too much if theres a news and this is actually the hardest part since we do see this news as an opportunity either buy or sell in able to make profits.

R


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September 25, 2017, 02:47:13 PM
 #7

Don't expect to have a nice price flow during serious Bitcoin correction. Its not good to trade alts during this time. The only stable to trade now are ETH, BTC, USDT. I never trade with other alts.
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September 25, 2017, 04:53:23 PM
 #8

Almost everything is falling this day, except some coins. Watch it closely for a longer time.
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September 25, 2017, 05:30:04 PM
 #9

HI all,

in my opinion, once it lost its previous references, Nexus it looking for the next support, around 42600 sats, or even the stronger one around 39000 sats.
Once it reaches those levels, probably around 42600 sats, we could expect a rebound.
As I said, it's just my opinion, that's not an advice, I can be wrong.
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September 25, 2017, 10:58:04 PM
 #10

BUY the rumors and SELL the news - old
PUMP the rumors and DUMP the news - new
mickaelsilver10 (OP)
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September 27, 2017, 08:32:07 AM
 #11

BUY the rumors and SELL the news - old
PUMP the rumors and DUMP the news - new

Indeed, everything is summed up in your remarks! But, I find that the most difficult is really to sell ...because if we sell too early we can really miss a nice increase

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September 27, 2017, 08:55:16 AM
 #12

It's already gone too fast. I think he's trying to find a base.
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January 25, 2018, 09:10:51 AM
 #13

It is reasonable if the price was falling clear don't panic and be patient waiting for coming in order to back up and over the price of capital at the start.
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January 25, 2018, 01:55:42 PM
 #14


Some time ago, Nexus hit peaks to reach more than $ 3.5- $ 4
Today, the NXS price has dropped dramatically to less than $ 2!
Why such a correction while good news was expected for this month of September?


Just hold your NXS altcoin and wait for the right time that its value will reach to the moon. Don't be mad and worry that you expected time will not come and just wait for the right timing for this to happen.

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