Its over guys

[bstewart]

Maybe not over but definitely suks big time. January 10-15 was the best date to pull out everything into fiat. I made a mistake and left 50% BTC on the market. Now i lost 50% of it in last 2 weeks and i could bought myself a new premium car out of this. So i am very unhappy with my decision but also happy that decided pull out 50% BTC fast.

There are lot of market uncertainty and market instability. I personally hate all those hyped coins and everything pulls back hard.

There is no sense long term investing now in Alts. There is unknown with the bitcoin which direction goes plus BTC may have another bull run too so alts market can be devastated as it happened in October- November last year. Its so easy to loose everytything as it happened to me last year, lost almost 90% of BTC but i got lucky and recovered in January.

I have learned how to day trade taking little steps. In the actual market situation is the best thing you can do just day trade and take your chances, sitting with only 1 BTC on the market. This way i managed to hit some nice pumps in January and made shit load of money, almost 600% in 7 days.

So yeah, market can be hard in next months for long term holders with upcoming BTC rally down or up. I just sold all my ALts positions with lost today and i dont give a shit about news any more.

Learn the art of daytrading and you all will be happy and able to make money anytime you want no matter where the BTC is or the news.

Don't be so sure that there's no sense in investing now in alts. These are the times to take big risk - when prices are low. It can pay off long term.

[onetwostep]

We are in a big trouble. Im so sorry, unfortunately, we can not trade with the right timing. I'm losing hope now, and this decline will be really big.
I hope a correction comes

[iminethereforeiam]

A few more threads with titles like this one, we probably have reached the bottom.

[Gregamon]

@zombie Ok fine it will crash and we lose money etc.
But tell me. Did you earned something from crypto? Did you even tried?
Many of us earned a really good money from crypto.
Even if all goes to hell we are good. Take the money man, why not?

[greymatter123]

India isn't a big market, it's all about South East Asia

[shadyrifles]

No, it’s not over just take a look at the past bitcoin has always make a correction during months December to February. If you do some technical analysis you will get the results of wave two of the first MAJOR Elliot Impulse wave.

A few FUDs we heard in January,
1. Coinmarketcap removing Korean Exchanges, this caused the panic selling in early January.

2. Banning in China and Korea FUD drove the bitcoin price down

Some of the good analysts are predicting the correction will end up between 7K-8K if the bitcoin will reach that point it will create third Elliot impulse wave. If the prices hit the range it will cause parabolic run and goes upto 30K within couple of months.

[Orias67]

No, it’s not over just take a look at the past bitcoin has always make a correction during months December to February. If you do some technical analysis you will get the results of wave two of the first MAJOR Elliot Impulse wave.

A few FUDs we heard in January,
1. Coinmarketcap removing Korean Exchanges, this caused the panic selling in early January.

2. Banning in China and Korea FUD drove the bitcoin price down

Some of the good analysts are predicting the correction will end up between 7K-8K if the bitcoin will reach that point it will create third Elliot impulse wave. If the prices hit the range it will cause parabolic run and goes upto 30K within couple of months.

For me it's not over you're right. Like you say every year there is a crash of the marketcap. It will recover or at least go back to green in less than one month. But maybe saying BTC at 30k within a couple of months is too optimistic don't you think ?

The fact is that a lot of states begin to make laws about crypto and it makes investors afraid because they don't know what will happen. So they want to "secure" their money and it makes the crash even bigger.

It's only my opinion

[screwUdriver]

HAHAHA no way, im buying everything

Dream on. Market crashed like 9 pins after India's news. Its over for you people and dreamers.

im a great holder, theres no space in mind the word panic. Im seeing all red and i dont feel any danger about it.
Weak hands vs the believers who will win?

This is, of course, bad news but we can not we fall  in panic. The government of India needs time to rethink the idea of the cryptocurrency.

[smith136]

No, it’s not over just take a look at the past bitcoin has always make a correction during months December to February. If you do some technical analysis you will get the results of wave two of the first MAJOR Elliot Impulse wave.

A few FUDs we heard in January,
1. Coinmarketcap removing Korean Exchanges, this caused the panic selling in early January.

2. Banning in China and Korea FUD drove the bitcoin price down

Some of the good analysts are predicting the correction will end up between 7K-8K if the bitcoin will reach that point it will create third Elliot impulse wave. If the prices hit the range it will cause parabolic run and goes upto 30K within couple of months.

So that's what they call it huh,
this situation right now is really look like what happened when china FUD made bitcoin dump and later on before christmas bitcoin's price went crazy and even reach i think the highest peak during that time was 19k or 20k usd im just not so sure, anyways, let's hope for the best, don't lose hope with bitcoin and alts, everyone must think that this could be an opportunity for a higher profit when that so called "elliot impulse wave" comes, i know it's 50/50 but what's worst to come? prices are already down.

[5ensei]

Crypto is not legal tender in many countries, no big deal if it's not in India. They simply said they will stop illegal activities with bitcoin etc.. which is what they should have done a long time ago. However, trading is not illegal and will still continue to thrive in all countries including south korea, india, japan, and everywhere else. Could be a good thing to cut down on all the scams that are plaguing this space. Who wants to invest in bitconnect?!

[orkoso]

This year cryptos will goto oblivion. End of days.

India's unfavorable crypto stance and more countries to follow.

I warned you people 2 weeks ago, still there is time. Get out of this with minimum losses.

Oh, yes yes... sell everything now. It is not like I am going to be there buying, I am saying this on your best interest
Seriously, there is no need to event post for that.

[icalical]

Guys, are you kind of new in the crypto world or what?
This is annual, each year since bitcoin was popular, crypto price is always dump on early year, and it will increased drastically from Q2 till the end of the year,
And BTW thath Indian news is made up by press, even the government made a clarification

[iwishicouldfly]

Maybe not over but definitely suks big time. January 10-15 was the best date to pull out everything into fiat. I made a mistake and left 50% BTC on the market. Now i lost 50% of it in last 2 weeks and i could bought myself a new premium car out of this. So i am very unhappy with my decision but also happy that decided pull out 50% BTC fast.

There are lot of market uncertainty and market instability. I personally hate all those hyped coins and everything pulls back hard.

There is no sense long term investing now in Alts. There is unknown with the bitcoin which direction goes plus BTC may have another bull run too so alts market can be devastated as it happened in October- November last year. Its so easy to loose everytything as it happened to me last year, lost almost 90% of BTC but i got lucky and recovered in January.

I have learned how to day trade taking little steps. In the actual market situation is the best thing you can do just day trade and take your chances, sitting with only 1 BTC on the market. This way i managed to hit some nice pumps in January and made shit load of money, almost 600% in 7 days.

So yeah, market can be hard in next months for long term holders with upcoming BTC rally down or up. I just sold all my ALts positions with lost today and i dont give a shit about news any more.

Learn the art of daytrading and you all will be happy and able to make money anytime you want no matter where the BTC is or the news.

Sold 90% @ 16k.  My plan was to buy back in with 50% of it when I felt it ha bottomed.  I'm nowhere close to feeling confident enough to buy back in.  Who knows when it will end.  People are saying months, I think febuary/march are best case scenarios.  I think there is a real possibility it will take years to recover to 20k.

[Darker45]

This year cryptos will goto oblivion. End of days.

India's unfavorable crypto stance and more countries to follow.

I warned you people 2 weeks ago, still there is time. Get out of this with minimum losses.

Well, assuming you are right, I believe you are not in favor of this to happen. You know very well how crypto is beneficial to the world and to its progress. And I know very well that you are also one of the people who have crossed fingers hoping that this crypto phenomenon will still go on for a long time. Having stated this, everyone should try to hodl and hodl tight. I, for one, am doing this without flinching.

[nndep3m]

This year cryptos will goto oblivion. End of days.

India's unfavorable crypto stance and more countries to follow.

I warned you people 2 weeks ago, still there is time. Get out of this with minimum losses.

You should look at the crypto chart monthly instead of daily. You'd see that compared to a few months ago crypto is very much in a heavy boom. You are the same sort of person that said it was over when Bitcoin crashed to $80 a few years ago. Who cares about Indian news? There will always be negative news articles about BTC. This is to be expected.

[Magica]

How happy are you to predict bullshit from nothing?
If you're so confident that the things you say have an immediate effect in real life, how about you start saying things like - "Everyone in this world has food to eat, water to drink and a house to live in." . I think that way we'll be able to solve a lot of problems. No?

[juddtrump]

It has happened before, it is happening now and it'll happen again. Doesn't mean we'll chicken out like you did.

[Gando]

My best advice from years in the game...

When the market goes down 20-30% dont panic. When the market goes up 20-30% dont panic.
Continue to research for promising long term projects that you firmly believe will be used in a year, 2 years etc.
Finally take a break from the computer. Of course everybody wants to do 100x but don't forget to keep up with your personal life. During bear markets I pick up a part time job to stay busy. Hope this helps

[BitcoinThugLife]

This forum is made of 30% clowns/idiots like OP.  He probably owns $50 worth of alt coin he bought with his McDonalds paycheck.

[unusualfacts30]

It's not over till fat lady sings. hodl. This isn't the best time to sell. You see all these countries coming up with their own stance for bitcoin, they're just trying to get cheap tokens. It will go back up as soon as there is another positive news which will happen eventually. It's oversold at this point. just hodl.