chocopapaya (OP)
|
|
March 19, 2018, 03:37:06 PM |
|
Here is a little crypto and trading bit of knowledge for you (also a disclaimer):
bitcointalk is a terrible place to get advice.
If this is where you get most of your information, it would seem that the market is down because people are panic selling or that an announcement caused the market to crash. This is just not true and it is much more complicated than that. If you want to be serious about investing in crypto, it will help you a lot to learn about market economics and crunch numbers because the numbers don't lie.
What we have now, is incredibly low volume. Very little action going on and worse, very little new money being pumped into the market. I can see this happening because:
#1) The hype and fomo of last december caused a new wave of investors that are now, "HODL! HODL! HODL!" when before they were throwing a lot of money around.
#2) Crypto, despite what you think, is still in it's infancy and institutional money has yet to have a significant interest in it.
If you just sit back and hold, and think the market will magically go up, you are delusional. Why aren't you buying now? Why aren't you trading now? Are you waiting for others to buy up cheap and hope the market will flourish again and then you will make profit?
If you want the market to get out of it's rut, look at your current finances, take out even just 5 to 10% and buy some bitcoin.
|
|
|
|
eminemcookie
|
|
March 19, 2018, 03:49:00 PM |
|
They're both as important as each other - not buying and selling, otherwise known as supply and demand. They also go hand in hand, as more people are willing to sell this in turn makes less willing to buy and vice versa. The market right now does not need a large reversal with swathes of demand because that's not feasible. It needs a period of stability and time for investor confidence to return. If the price of bitcoin can return to 10k and stay there for the next 3-6 months that wouldn't be the worst of things because at least it would stop the 'crypto is dying' sentiment.
|
GIGZI INDEPENDENT WEALTH MANAGEMENT Crowdsale Starts on 23rd November 2018
|
|
|
Nevsky
|
|
March 19, 2018, 04:01:09 PM |
|
Here is a little crypto and trading bit of knowledge for you (also a disclaimer):
bitcointalk is a terrible place to get advice.
If this is where you get most of your information, it would seem that the market is down because people are panic selling or that an announcement caused the market to crash. This is just not true and it is much more complicated than that. If you want to be serious about investing in crypto, it will help you a lot to learn about market economics and crunch numbers because the numbers don't lie.
What we have now, is incredibly low volume. Very little action going on and worse, very little new money being pumped into the market. I can see this happening because:
#1) The hype and fomo of last december caused a new wave of investors that are now, "HODL! HODL! HODL!" when before they were throwing a lot of money around.
#2) Crypto, despite what you think, is still in it's infancy and institutional money has yet to have a significant interest in it.
If you just sit back and hold, and think the market will magically go up, you are delusional. Why aren't you buying now? Why aren't you trading now? Are you waiting for others to buy up cheap and hope the market will flourish again and then you will make profit?
If you want the market to get out of it's rut, look at your current finances, take out even just 5 to 10% and buy some bitcoin.
You all rightly noticed. We need to wait for a positive news background. While you can forget about serious growth. Institutional capital wants to invest in crypto, but for now it's scary. As soon as there is a regulation of the crypto market, so immediately capitalization will grow to a trillion.
|
|
|
|
santiPOGI
|
|
March 19, 2018, 04:13:54 PM |
|
People are buying but they are setting price in more low than what it should be, and we are expecting it to be like that as buyers need to have a good price to get. The problem is the people who are selling, they are in rush and they are giving away to the price that buyers sets. If you will just change shoes of buyers to sellers we will have the very beautiful bull year.
|
|
|
|
Alex_He
|
|
March 19, 2018, 04:14:37 PM |
|
most of traders are waiting for the "signaling" while most holders are already full-bag.
|
|
|
|
virendarnagpal
Member
Offline
Activity: 672
Merit: 12
|
|
March 19, 2018, 04:16:21 PM |
|
This type of business mostly depends on the sentiments of the investors. Just like stocks markets where there are bear / bull runs repeated after one another. If presently bearish trend is running in the market and stock market is down after a circle there will be bull market and the prices will go up. In the same way prices behave here in bitcoin. Many factors effect the price movement. Policies of different Governments may pull down or push up the market sentiments. Any favorable decision will send positive waves and the prices will rise. But on the other hand if Governments take certain actions against bitcoin then definitely its price will fall. If some Government tries to control or ban bitcoin the prices will fall. Big whales also give directions to the market mood. At one point of time they will throw huge money in purchasing. At the other time they will start uploading their coins. Because of their big deals prices will move up with purchases and down will sales. They will earn in both the deals. Because they know that the market movement has to be pushed upwards they will buy huge amounts at lower levels. Investors like us will follow them but it will be very late when we will enter the market. With big whales purchases only rosy pictures will be presented. Then positive sentiments will be spread all around the market. Small investors in hope of earning some thing will enter the market at some higher levels. Slowly big investors will stay away and just keep watching small investors investments. The prices will be moving upwards only during that duration. Slowly the picture will change. The clever big investors will suddenly start uploading their stocks. As a result the market crashes. Before small investor could understand something; the big investors will have safely landed away from the market. Now their is no buyer. The story repeats itself. Big always gains; small mostly loses. Demand and supply is also major factor. Demand is always higher during bull run. But it is always low during bearish market. During bull run no one wants to sell. In the bearish trend no one wants to purchase. So prices move up and down.
|
|
|
|
Imfinnabeon
Full Member
Offline
Activity: 238
Merit: 101
Decentralize The $15-Trillion Global Trade Industr
|
|
March 19, 2018, 04:16:42 PM |
|
I myself am in a situation where I can't afford to make moves, and if I make the wrong move it could be extremely detrimental long term. That is why I have to stay in my lane and hold onto the bags I got right now. Won't say it is the end of the world, but I wish I had less and lighter bags as of now .
|
|
|
|
Ivy41
Newbie
Offline
Activity: 183
Merit: 0
|
|
March 19, 2018, 05:44:14 PM |
|
Who is telling you that people are not buying,,, they buying even very high. Virtually on daily basis, the amount of $ thrown around on different exchanges is just more than enough to make the market stable again. What I just feel is that all of what is happening now are caused by some powerful forces who are spreading different FUDS for people to let go of their coins, only to regret later. I believe the market will become stable again.
|
|
|
|
Nagricoin
Jr. Member
Offline
Activity: 294
Merit: 2
|
|
March 20, 2018, 01:12:22 AM |
|
Yeah) Maybe you are right.
|
🌱🌻🥕NAGRICOIN🍅🌽🌾 👉🏻🍏Nagri - we are what we eat, invest in it!🍏👈🏻 ✔️Check out the link in 🌎
|
|
|
Hemady17
Member
Offline
Activity: 505
Merit: 35
|
|
March 20, 2018, 03:02:18 AM |
|
Here is a little crypto and trading bit of knowledge for you (also a disclaimer):
bitcointalk is a terrible place to get advice.
If this is where you get most of your information, it would seem that the market is down because people are panic selling or that an announcement caused the market to crash. This is just not true and it is much more complicated than that. If you want to be serious about investing in crypto, it will help you a lot to learn about market economics and crunch numbers because the numbers don't lie.
What we have now, is incredibly low volume. Very little action going on and worse, very little new money being pumped into the market. I can see this happening because:
#1) The hype and fomo of last december caused a new wave of investors that are now, "HODL! HODL! HODL!" when before they were throwing a lot of money around.
#2) Crypto, despite what you think, is still in it's infancy and institutional money has yet to have a significant interest in it.
If you just sit back and hold, and think the market will magically go up, you are delusional. Why aren't you buying now? Why aren't you trading now? Are you waiting for others to buy up cheap and hope the market will flourish again and then you will make profit?
If you want the market to get out of it's rut, look at your current finances, take out even just 5 to 10% and buy some bitcoin.
I don’t think that people right now are not buying. What I see right now is people is very selective on buying cryptocurrency. Many of us right now are well inform on the currents events happening in crypto. Is this thing bad on crypto? Well my answer is no. These are good sign that the market is entering to growth stage were many people are preparing to invest extensively. We have to wait this to materialize because for sure it will be big this time.
|
|
|
|
Spazzer
|
|
March 20, 2018, 03:07:25 AM |
|
I think we are in a situation where most people either can't afford to make moves or are waiting for those moves to happen before committing.
There are good signs today that the market is starting to grow, but until we see a constant time period with positive growth there won't be much happening. The market moves dramatically when people panic sell or buy.
|
|
|
|
tsaroz
Legendary
Offline
Activity: 3164
Merit: 1069
|
|
March 20, 2018, 03:14:41 AM |
|
Both of them should be considered for a fall. But mostly its people selling. There is a natural supply according to demand in the market. There are rare chances of huge increase in demand and the fall are generally due to people selling off their coin on any value available.
|
|
|
|
Ponya
Copper Member
Newbie
Offline
Activity: 140
Merit: 0
|
|
March 20, 2018, 03:17:55 AM |
|
I don't agree that people start selling after panic topic on bitcointalk. There only facts from official release
|
|
|
|
Murloc
|
|
March 20, 2018, 03:18:24 AM |
|
bitcointalk is a terrible place to get advice.
Ofcourse. Just like yours. Bye the title of this topic you are simply giving another name to the same old low volume. But the more accurate will be if I say that people are selling too much. You can also ask why people are not buying instead of selling etc. Buying doesn't make much sence while BTC is already on dips and can still loose 15% just for a couple days for no reason. The behaviour of single investors doesn't matter.
|
|
|
|
jinxs
Newbie
Offline
Activity: 10
Merit: 0
|
|
March 20, 2018, 03:29:19 AM |
|
Investment is always a personal matter. Just like a stock analyst, he only advises people to buy that stock, but it doesn't force others to do the same thing. Some of us bought bitcoin and nobody bought it, but everyone would suggest that people Go to buy.
|
|
|
|
crypt0baws
Jr. Member
Offline
Activity: 57
Merit: 2
Ælf/XMR Enthusiast
|
|
March 20, 2018, 03:34:49 AM |
|
This too shall pass, think of the bigger picture here. People will be back -- we got a little glimpse of that today, some Top 100 coins were up as much as 30-50%. Relax!
|
Ælf; the 3rd gen Blockchain Network. Sign up & earn Ælf! (https://candy.aelf.io/account/register?invitationCode=0L0Y0V0H3F2M)
|
|
|
The Sceptical Chymist
Legendary
Offline
Activity: 3556
Merit: 7010
Top Crypto Casino
|
|
March 20, 2018, 04:05:02 AM |
|
OP you make some valid points, especially that crypto is in its infancy--it's very new still and it remains to be seen to what extent bitcoin is going to be adopted.
As for the other analysis, IMO market forces are in action and are working just like any other market. Yeah, right now there's not 'enough' buy orders. But just wait--there'll be some big news or major event that'll bust up this lull. And the market might go to the moon or to the outhouse.
I just tried selling 0.04BTC on BCT yesterday, preev 1:1, and I got no takers. So it's a buyer's market from what I can tell. I know that's one very small, very skewed data point, but still.
|
|
|
|
|