aloha99 (OP)
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February 06, 2018, 05:27:24 PM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
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buytheeffinD
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February 06, 2018, 06:20:19 PM |
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I believe there is still merit in investing in cryptocurrencies as the fundamentals are solid but this may not be the time. We are in a current slide and it is hard to know if it was over last night, 5 days from now, or 2 months from now. Nobody knows and that is why it is best to wait for a confirmed breakout before you start splashing around in new coins. Will also utilize the strategy of averaging down myself if this bear market continues because I don't think it can be bear forever. Timing is crucial and essential to all this though, bad timing and your play has gone out the window. Great timing and your play got even better, good luck.
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groundcontrol67
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February 06, 2018, 07:54:22 PM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
There's still great promise in crypto, look at where we were a year ago compared to now, the market can continue to thrive without China. In a lot of ways it can be a good thing because we'll no longer have them messing with the price all the time with their flimsy and dubious decision making. The news from the US today paved the way for the future, a regulatory approach that is fair and doesn't harm cryptocurrencies. I really feel like this is the beginning of the recovery now.
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Clement Kaliyar
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February 06, 2018, 09:03:27 PM |
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Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
The market is under immense pressure from different corners ,from countries planning to regulate the market and the constant influx of FUD news combined is dragging the market down and there are many who invested in it through credit card and most probably they are selling off to cut their losses,these combinations are reflecting in the market ,but it will recover in due time.
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digitalmind
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February 06, 2018, 09:19:10 PM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
I think it is an overdue healthy correction. I see it dipping more ...
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npredtorch
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February 06, 2018, 10:41:59 PM |
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Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
The market is under immense pressure from different corners ,from countries planning to regulate the market and the constant influx of FUD news combined is dragging the market down and there are many who invested in it through credit card and most probably they are selling off to cut their losses,these combinations are reflecting in the market ,but it will recover in due time. Those people that have sold properties, loaned thru any network just to invest on crypto are viewed as fools now. Seems like they didn't think the possibilities of this massive news on regulations & bans. What an "easy goers". As for the future, IMO it is still visible that crypto won't vanished. I'm positively sure that it doesn't matter how low the price or cap would be, what important is people are still interested on the developments. Investments wouldn't go away.
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harizen
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February 06, 2018, 10:47:16 PM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
Can't believe that just because the market is currently experiencing a downtrend, questions like "is it still worth it" arise. I mean, why? how come? doesn't it really make sense? Remember the bitcoin price back then? Bitcoin at $5,000 is still way better compare to bitcoin at $1,000. By looking at the bottom price it established nowadays, still way decent compare to previous lows. How come people will just made a conclusion of this downtrend. Clearly all they know is just "moving up" and disregarding all things associated while price is climbing. If that's the case then putting money on crypto is not suitable for them.
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crzy
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February 06, 2018, 10:56:39 PM |
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I think it is an overdue healthy correction. I see it dipping more ...
Yeah, too much correction but this is what we need right now so we can still buy at a lower price and if cryptocurrency can’t survive on this crash what more in the future. See this thing, if cryptocurrency manage to bounce back and go even higher more investors will come because they believe now on this technology that no matter what FUD may occur in the future, cryptocurrency can survive.
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Tactical Genius
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February 06, 2018, 11:05:38 PM |
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well in the midst of all this, one thing is certain and that is the market will bounce back stronger as has always happened.i personally believe this year will be a year of regulations of the crypto space by governments but that won't stop cryptos from moving up.
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ICOcosmos
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February 06, 2018, 11:21:36 PM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
Massive up, I cant wait for the bounce. You better have been scaling in here.
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BitMaxz
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February 06, 2018, 11:31:55 PM |
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I think FUD almost done and right now the price is gaining and increasing back again.. watch the price movement right now https://bitcoinwisdom.com/markets/bitstamp/btcusdIts bouncing back but there are still panic selling and hope soon they realize that price is rising normally.. So better to buy right now while the price still in low price and hold them for a long time just to make sure you make a good profit wait for a long time.. Don't worry about the price drop its always happening every year and i heard not only crypto market are down also in forex market there are massive drop.. So its a normal that we are seeing price drop in few days.. and now should slowly increase back again..
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figmentofmyass
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February 06, 2018, 11:32:29 PM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies?
it's times like these that it becomes crystal clear: don't be in a rush to take a position. a lot of people thought $15k and then $10k was "the buy of a lifetime." the reality is that the old adage is true: the market will stay irrational longer than you can stay solvent. the bottom is usually lower than you can possibly fathom when you are a bull. with that in mind, bitcoin and crypto are definitely worth investing in. the question is, from what price? i think we've seen enough volume and a daily reversal candle to say that we've found an intermediate bottom. but it may not be the bottom. keep that in mind when considering where to buy and how much of your portfolio to allocate. the safest way to invest is usually to allocate only a small portion of your portfolio at a time (1% or less). so if the price continues lower, you can keep averaging into a stronger position in anticipation of the bullish reversal.
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royale143
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February 07, 2018, 12:48:50 AM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
I think it still has that potential everyone has believed it has over the past few years. Although the downtrend is uncanny because it keeps getting bad for the market, and there is actually that notion that the market would soon crash and never recover, I think that the best part of going down is there is no other place but up after it. In the past, Bitcoin has showed this trend of being dormant for months at a time, and then, without warning goes up again. I think if people would just be patient, it will hopefully be over soon.
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Nerman
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February 07, 2018, 01:40:11 AM |
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well in the midst of all this, one thing is certain and that is the market will bounce back stronger as has always happened.i personally believe this year will be a year of regulations of the crypto space by governments but that won't stop cryptos from moving up.
I agree, countries wants to regulate Crypto currency and I think even if resist it there is nothing we could do. I will take that instead of banning the crypto currency completely. I am still optimistic that price will bounce back but I am also sure that it will not be as easy as 2017.
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Mhedz
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February 07, 2018, 04:31:22 AM |
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After this massive dip,it will bounce back. If you remember bitcoin price last year way back september-october then its volatile pumping from november - december? what happen is just a correction,other country's that used to ban crypto is maybe another reason of the dip. FUD everywhere sucks but they cant take away the crypto,it's too strong enough and it will survive.just hodl,moon soon😊
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Malaya
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February 07, 2018, 05:20:36 AM |
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Those people that have sold properties, loaned thru any network just to invest on crypto are viewed as fools now. Seems like they didn't think the possibilities of this massive news on regulations & bans. What an "easy goers". As for the future, IMO it is still visible that crypto won't vanished. I'm positively sure that it doesn't matter how low the price or cap would be, what important is people are still interested on the developments. Investments wouldn't go away.
And who would want to lose everything? Those people who sold their properties and loaned a huge amount to invest in cryptocurrencies was the most confident people/risk takers. This red days for cryptomarket might be quite disturbing for them but it will all pay off. That a country ban cryptocurrency shouldn't be your reason to decide if you will be investing in bitcoin or not. And most times I tends to think that China banning cryptos and bitcoin dipping tends to be a coincidence, so its not as if China is our core uphold to bitcoin. If you know the Importance and worth of your coin, you should know that you should be HODLing, not for your immediate gain, but for the future.
Yeah. This has happened already last year. Where many countries have banned and regulated cryptos but still it pass and bitcoin recover even higher that the high record.
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pooya87
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February 07, 2018, 05:25:04 AM |
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the drop started as a healthy correction, obviously after reaching nearly $20,000 a correction and a huge drop was expected. and the correction, bubble burst or whatever people like to call it happened and was over. it even got big where bitcoin lost half its value reaching the major buy support of $10,000. but from that time it is not healthy anymore to see more drops it is going lower than it should have.
this may suck now but there is a good thing coming out of it. and that is the fact that altcoins also got dropped and dumped a lot. now they are starting to get ready for their next pumps. buy bitcoin or get your bitcoins ready, invest in them and enjoy their pumps when they come and increase your bitcoin wealth before alt dumps.
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mobnepal
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February 07, 2018, 07:15:13 AM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear.
Its under correction just because of panic holders who have bought bitcoin just by speculating on price rather than trusting in bitcoin's potential. Some of you consider that it's a healthy correction but others don't think so.
Correction like this will remove weak hands from market which is good for price growth. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
Ban FUDS and some bankers shouting bitcoin is just a bubble is not new, we have seen such fuds 100+ times in future whenever market will go through correction like this. These fuds are only spreaded to create panic on market so that whales can full their bags. Still many countries in Asia allow crypto trading and mining. Its best time to invest in crypto because you will never get any coin in discount like this in future.
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Idrisu
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February 07, 2018, 07:17:05 AM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
This dip is more than corrections as bitcoin has loss over 75% of its last December high value. Yesterday bitcoin fell below $6,000 and many are still saying bitcoin will still fall further maybe towards $4,500. It is still very "merit worth to invest into bitcoin" many people did not believe that bitcoin will get to $5,000 in 2017 and today we can say bitcoin is one of the most popular form of money all over the world.
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CurrencyMaster
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February 07, 2018, 07:18:29 AM |
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Hello everyone Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so. Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into crypto currencies ?
good question.. but may i ask? will anything goes straight up always?
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