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Guvn0r
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December 22, 2017, 02:30:09 PM |
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Many people especially from US took mortgage loans to buy BTC.. Obviously there have to be a huge amount of panic selling already happening which pushes the price even further down...
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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anggriani
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December 22, 2017, 02:30:38 PM |
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That's his trade, the price is definitely up and down and this is normal. I think many people sell their crypto to welcome the big day, which is Christmas and New Year.
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novaprime
Sr. Member
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Activity: 812
Merit: 251
UniDApp - it's DeFi time!
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December 22, 2017, 02:32:31 PM |
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That's his trade, the price is definitely up and down and this is normal. I think many people sell their crypto to welcome the big day, which is Christmas and New Year.
I agree with your opinion. This is certainly the reason why people sell all altcoin and BTC because these two events greatly affect the psychology of investors. I think after going through those two events, Bitcoin prices will rise again and possibly hit a new milestone |
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cryptolerant
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December 22, 2017, 02:34:20 PM |
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Is it good or bad, who knows.
In last 24 hours whole cryptocurrency market is crashed and lost 30% of its values ( including bitcoin and other altcoins).
So it can be a good time to get in or maybe its time from when bitcoin starts to fall.
What are your views on recent crash ? share your advise and reasons.
It is very tricky time tough. Is the market turning to down trend or is it just retracement for the recent rally? It is hard to know and to me it looks very risky to invest more at this point. I'll wait and see clear signals about what to do. |
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keithieY5
Newbie
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Activity: 50
Merit: 0
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December 22, 2017, 02:37:22 PM |
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it is good will give us chance to add more CryptoCurrency to our wallets.
i will buy more altcoin next year
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borgx
Newbie
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Activity: 98
Merit: 0
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December 22, 2017, 02:38:16 PM |
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Down 40% im gonna hold, but i dont think im gonna invest any more in the following time.
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bmartin44
Member
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Activity: 85
Merit: 100
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December 22, 2017, 02:39:46 PM |
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I see no problem at all at the current market trends. Don't worry and be patient, it will recover very soon.
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wiik
Member
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Activity: 293
Merit: 12
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December 22, 2017, 02:40:51 PM |
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Its good for me since im buying the dips on my coins . Glad i didnt invest when it was on its peak . But its a bad news to those who invested on its peak price . Ive read about someone who sold his house to buy bitcoin @$19k now hes crying about it . Like why would you invest on something you dont really know about . Just dont ride the train when you dont know where its heading . Crypto market is crashing maybe probably because of the holidays coming . The big player to this massive crashes is its father , BITCOIN  We can only hope that he could regain on its feet and together they will rise with the other coins . |
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vaughn125
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December 22, 2017, 02:41:57 PM |
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Is it good or bad, who knows.
In last 24 hours whole cryptocurrency market is crashed and lost 30% of its values ( including bitcoin and other altcoins).
So it can be a good time to get in or maybe its time from when bitcoin starts to fall.
What are your views on recent crash ? share your advise and reasons.
One thing a newbie like you needs to do is to know more about crypto currencies. Read more man. This questions can be answered just by looking at the past charts of some altcoins or to bitcoin's charts. Knowlege is power man. Most specially when you are in the crypto world. So invest more time in learning first than making blind investments. But for what it's worth, ill tell you that this happens a lot. And is completely normal which you shouldn't worry about. It is a great time for investors. |
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ask
Legendary
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Activity: 1386
Merit: 1004
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December 22, 2017, 02:43:14 PM |
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We hit fibonacci %38 level and start to increase. This is just a correction and we will hit %50 fibonacci support line.
Don't panic and hodl guys.
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flip4flop
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December 22, 2017, 02:46:26 PM |
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Probably should have took some profits while sitting around 19k but thought I could hold on longer. With the massive drop I am just going to hold on and buy a little more every week or two. Hopefully by adding a few coins here and there through mining this wont feel as bad to look at as it did first thing this morning.
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cryptogeek101
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December 22, 2017, 02:48:50 PM |
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In my own market opinion, I think this is time to start buying. It's the time every serious investor is waiting for. Bitcoin is building the energy to now to soar higher later. Trust my words.
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mysacrifice
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December 22, 2017, 03:13:10 PM |
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That's his trade, the price is definitely up and down and this is normal. I think many people sell their crypto to welcome the big day, which is Christmas and New Year.
I agree with your opinion. This is certainly the reason why people sell all altcoin and BTC because these two events greatly affect the psychology of investors. I think after going through those two events, Bitcoin prices will rise again and possibly hit a new milestone That is right. This is the part of trading. All the markets work in the same way. They go up and down like ocean tides. Nothing in this world goes up steadily. It always go with the waves. As long as btc stays above 10K band, trend is still up imo. |
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Sheckley
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December 22, 2017, 03:13:19 PM |
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Difficult to say when the crash will be over, but if you get the right timing you can make a great buy. It will take some more days I guess.
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ninabobo
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December 22, 2017, 03:16:58 PM |
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Is it good or bad, who knows.
In last 24 hours whole cryptocurrency market is crashed and lost 30% of its values ( including bitcoin and other altcoins).
So it can be a good time to get in or maybe its time from when bitcoin starts to fall.
What are your views on recent crash ? share your advise and reasons.
I think anything can happen in the stock market. and this is perfectly normal in my personal opinion its time to investigate some altcoin and i will buy it with a considerable amount. |
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oegarod
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December 22, 2017, 03:19:57 PM |
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The entire market has crashed to a large level. I thought that the price won't go low to $15000, but things has taken place in the opposite manner making a big change in the entire growth. Only few number of altcoins were described with the green signal whereas the entire cryptocurrency market is in red. Expect to retain the value in a short, soon a large level panic will be felt around the market.
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scaramanga1337
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December 22, 2017, 03:20:57 PM |
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my alts getting rekt.......rough day.  .......will hooodl strong, i hope we survive this day   |
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左
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December 22, 2017, 03:22:28 PM |
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Not this thread again Everyone who has been in this game for a while knew that this would come, and they also know we will see it go up again  |
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IPCHAINDATABASE
Newbie
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Activity: 75
Merit: 0
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December 22, 2017, 03:23:06 PM |
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It's a good time to buy, hold and have a nice cup of tea to steady your nerves.  |
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