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Author Topic: History repeats itself?  (Read 454 times)
Tone147
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December 18, 2017, 04:41:29 AM
 #21

At the end of 2016 - early 2017 on the market it's many cryptocurrency investors from countries in the Asian region, in connection with which has occurred throughout the growth of cryptocurrencies. Now after a long slump altcoins are increasing again, and it all happens on the background of the launch of futures on bitcoin.... Do not you think that the market once again came the "fresh blood" and we are waiting for a runaway take-off?
History repeats itself?Yes, history is always strikingly similar, and every rise is the same, the first is bitcoin, the second is ETH, and then the various altcoins.

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December 23, 2017, 12:17:41 AM
 #22

I think, that history will always be repeated. Because in fact the cryptocurrency market is regulated by "big players". Therefore, when "big players" need to purchase at a cheap price, bad news is coming out and the market is "falling". "Big players" make the purchase and go ahead-there are good news and the market is growing. "Big players" fix profits. And then the story repeats, because the "big players" again need to buy at a cheap price ...

I agree with you! It can be something very bad, or something very good, if you understand how do that people act...  Wink My friends said me that the founder or co-founder of bitcoin.com (unconfirmed info) is predicting BTC by 3k$ in 2018, because guys that are dumping the BTC are not the mass, but the big players that are holding 40% of BTC... I think 2018 will be the year of BTC fall, and alt success Smiley
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December 23, 2017, 12:32:40 AM
 #23

Yes the history will repeat,Q1 of 2018 would be alts months and after that its another bloodbath but it will comeback when the last quarte came in,
It seems true that some history will be repeated, but there are different situations now, the marketcap of the cryptocurrency is much bigger than before, the cheap coins period will not be repeated again.
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December 23, 2017, 12:43:48 AM
 #24

I think it just repeating it self, just by comparing on how the market has been going on in the past years its graph tell it all, traders who has been in the market for a long time has seen this movement in the bitcoin price and just waiting for mid of the year to buy bitcoin again.
mid of the year to buy bitcoin again? Why aren't investors buying now. Is this not the best time to buy. Like Warren Buffet said: “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

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December 23, 2017, 12:46:34 AM
 #25

This is the regular boom and bust cycle. The best thing to do is not get panicked and sell at a loss. Always be calm and zoom out of your charts and realize that the only direction this is headed is up. Buying the dip is the strongest piece of advice. Even stronger than that is to always sell at a profit.

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December 23, 2017, 12:47:37 AM
 #26

At the end of 2016 - early 2017 on the market it's many cryptocurrency investors from countries in the Asian region, in connection with which has occurred throughout the growth of cryptocurrencies. Now after a long slump altcoins are increasing again, and it all happens on the background of the launch of futures on bitcoin.... Do not you think that the market once again came the "fresh blood" and we are waiting for a runaway take-off?

Yes indeed, we should be participating often in this incoming year... it may lead us to earn huge $$$$.
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December 23, 2017, 05:34:34 AM
 #27

the history will always repeat again and again but in different situations. there will be up and down in these situations even in the future so we don't have to panic or anything if we are seeing bad situations. just make sure that we are ready to get the chance and don't miss the opportunity because it will not happen with the same thing again in the future. I think the investors will come and go easily and will take their profit from the cryptocurrency world and new investor will come and invest their money and they expect to make a big profit from cryptocurrency.

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viktor782
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December 23, 2017, 05:38:37 AM
 #28

it`s not history repeats) it`s a correction, one step back - two steps forward  Wink
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December 23, 2017, 05:59:04 AM
 #29

Yes the history will repeat,Q1 of 2018 would be alts months and after that its another bloodbath but it will comeback when the last quarte came in,
It seems true that some history will be repeated, but there are different situations now, the marketcap of the cryptocurrency is much bigger than before, the cheap coins period will not be repeated again.
fingers crossed that you say is true that price coins won't be cheap but increasingly rise although slowly the land, and the history of the coin that is cheap is not repeated again in accordance with the expectations of the bitcoiner in order not to harm one another
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December 23, 2017, 06:04:38 AM
 #30

it`s not history repeats) it`s a correction, one step back - two steps forward  Wink

you are right it is not a step to get back to history but in the year 2018 will print a new history that the price of the coins will be stable, and step backwards not forward continues, we just wait in the year 2018 later
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December 23, 2017, 06:44:05 AM
Last edit: December 23, 2017, 07:04:46 AM by Victorycoin
 #31

it`s not history repeats) it`s a correction, one step back - two steps forward  Wink
What you stated above is more or less a case of history repeating itself and which it does always! One of the main reasons for that, is the fact these markets are ran by people and the whole lot of human emotions and psychology get factored in decisions made in the markets, thus making some patterns obvious and traceable. Many of us have been witness to what FUD and panic selling does to the cryptomarket and how the resilience in Bitcoin always takes center stage after every such sell off and those of course won't be the last.

One more thing is that it is an established fact in the financial markets that about this time of the year, the market usually turns bearish as a good number of traders and investors round up their trading activities for the year to be with families and friends. What to do is to simply seize the opportunity it offers to buy low again instead of joining the FUDsters!
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December 23, 2017, 06:54:33 AM
 #32

History always repeats itself and all things seem to go in cycles. That has never been more so in the world of investment then anywhere else. The recent Bitcoin drop has pulled all of the top 10 down with it but some of the smaller altcoins are bucking the trend and rising nicely right now.

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December 23, 2017, 07:02:31 AM
 #33

We call this patterns in trading language.
Charts always try to make similar patterns with history. Yesterday bitcoin price did the same thing just draw a pattern

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December 23, 2017, 07:39:08 AM
 #34

Thats the nature of crypto market. It's a continuous process, just keeps rolling and rolling along.
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December 23, 2017, 07:42:04 AM
 #35

I suppose the current state of the market looks very similar to the March 2017 too. Everything raises just like that times. And it will be repeated again and again for sure.

Yes the market cap of the cryptocurrencies will increase over time and eventually we will see the rise of good coins and they will be in top 100 and we are also going to see the shit coins die.
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December 23, 2017, 07:44:35 AM
 #36

I don't think so exactly, I think there will be pumps and big corrections so bitcoin cannot go higher until late 2018

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December 23, 2017, 07:57:25 AM
 #37

it all happens on the background of the launch of futures on bitcoin....

it actually began early 2017 when bitcoin was adopted as a legal way of payment over in Japan and people realized cryptocurrencies have always been serious despite what the FUD used to tell them every day.

and the part of history that will repeat itself will unfortunately be the bad part. the part where a lot of newbies see the success of bitcoin and dream of getting rich by investing in an "alternative" which has a lower price since they think the low price can go up like bitcoin. but what they miss out is that there is a reason why they are low and then they will also face an ugly truth called "pump and dumps" and lose a lot of money. and losses like that lead to bigger bear markets in altcoin market.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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December 23, 2017, 02:33:05 PM
 #38

The history always repeats itself. Everything goes the same way. There are laws of the market and economy which always work. At the crypto everything also develops according to basic laws.

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December 23, 2017, 02:35:53 PM
 #39

Crypto is becoming more acceptable with time. A lot of media coverage helps, so it means a lot of investments will pour in to the crypto market in 2018 i hope.
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December 23, 2017, 02:36:09 PM
 #40

At the end of 2016 - early 2017 on the market it's many cryptocurrency investors from countries in the Asian region, in connection with which has occurred throughout the growth of cryptocurrencies. Now after a long slump altcoins are increasing again, and it all happens on the background of the launch of futures on bitcoin.... Do not you think that the market once again came the "fresh blood" and we are waiting for a runaway take-off?

Indeed history repeats itself because that's what makes a good trader do. They consider a lot of techniques and patterns in order to gain more profit, they prefer their experties and experience rather than luck because trading is a very stressful way of gaining profits than just an average way of earning income.

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