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Author Topic: Will BTC and large coins recover?  (Read 1457 times)
bocyaj
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March 30, 2018, 09:14:15 AM
 #21

From this February, it's very hard to reach 11,000$.And the price is reduced to low value now.I think you have to hold the bitcoin to sell at high price.Now the price is start to increase above 7,000$ and soon it will recover to above the 9,000$.Then the price will increase in other coins.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Rajamuda
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March 30, 2018, 09:33:16 AM
 #22

Just don't be too pessimistic, the all that's related to crypto is the times that will be answering it. Many predictions of this and that, I'm also had read that will be a rise in this month, another month,etc, but in fact.. it's the times that will be answering that's all along with various things that can affect it. The point is no need to feel panic and confused how about now, what to do, besides while investing.. there are still many things that we can do to keep earning some other income.
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March 30, 2018, 09:50:22 AM
 #23

Just don't be too pessimistic, the all that's related to crypto is the times that will be answering it. Many predictions of this and that, I'm also had read that will be a rise in this month, another month,etc, but in fact.. it's the times that will be answering that's all along with various things that can affect it. The point is no need to feel panic and confused how about now, what to do, besides while investing.. there are still many things that we can do to keep earning some other income.

True, cryptocurrency history had proven itself.  There is time for dump and time for hype.  Price is very volatile and once FUD lurks around the market the price will definitely drop.  The good thing is, this drop is not permanent.  Remember the  event way back 2014 - 2015?  Bitcoin suffers a crash and recover way back that time.  So I believe bitcoin and other cryptocurrency will eventually recover after this price crash.

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removebeforeflight
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March 30, 2018, 09:54:36 AM
 #24

Don't just compare Bitcoin or any other crypto only with the highest price it achieved, rather compare with last year same period price with this year and you would be surprised that Bitcoin has grown 800% and other crypto's close to that. Yes, I admit that crypto market is down but it doesn't looks like it won't recover. There is more time always there for it to rise, it would recover post April 2nd week I guess.
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March 30, 2018, 10:08:58 AM
 #25

As for me concerns, I have no doubt they will recover and even break new highs. Some experts expect bitcoin to 50 000 USD till the end of the year.
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March 30, 2018, 10:38:25 AM
 #26

https://www.coindesk.com/bitcoin-breaks-7000-to-50-day-low-amid-market-sell-off/

We know that cryptocurrencies are without a doubt changing hands right now, but is it even wise to invest into the crypto economy anymore with the top 20 tokens all showing a 10 to 20 percent sell-off within the last 24 hours? Is this the end, are the days of bull runs over in Crypto? Ever since February we've been struggling to break $11kish and now it's back down, what are we to make of this?

It depends on the timeframe you are looking at. If you are looking for a recovery in the next 3-4 weeks, I doubt if that will happen. If you are prepared to wait for a few years, then I personally believe that the outlook is positive. After the crash in 2013, it was only in 2017 that the price of Bitcoin crossed $1,000 again. We all know what happened after that.


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March 30, 2018, 10:39:10 AM
 #27

"Every action has a reaction" Grin
You should remember the crazy price hikes seen in 2017 (from 1,000$ to 19,000$) "action".
the decline since the beginning of the year, it’s "reaction".

The price will recover but the real question is when?
The 20-day EMA & 50-day SMA Predicting that the price will not recover in the short-term, it may be difficult to reach the 10,000$ barrier soon.
it’s better to keep holding


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March 30, 2018, 10:41:01 AM
 #28

A good day to buy Bitcoin. Will it reach 6K? Who knows. Before the market of coins rapidly go high in the next month I'll buy now. I believe in Bitcoin. I think this is normal, even many social media that are banning bitcoin advertisement. Wow they are really afraid of bitcoin after all. Nothing will stop Bitcoin. 1st quarter of the year is almost over.

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March 30, 2018, 10:47:47 AM
 #29

https://www.coindesk.com/bitcoin-breaks-7000-to-50-day-low-amid-market-sell-off/

We know that cryptocurrencies are without a doubt changing hands right now, but is it even wise to invest into the crypto economy anymore with the top 20 tokens all showing a 10 to 20 percent sell-off within the last 24 hours? Is this the end, are the days of bull runs over in Crypto? Ever since February we've been struggling to break $11kish and now it's back down, what are we to make of this?

Bitcoin and crypto had been called dead numerous times. So no this is not the end! Smiley
Last year and 2016 we've seen the mark up of the 2015 accumulation phase. And we see the mark down happening. So it's just a normal market cycle playing out.
What we should however take into consideration is the longer Bitcoin decides to stay down or go even lower, the more of the altcoins with no real innovation, who just ran up by hype and marketing, will definitely vanish.
In hindsight this reaction seemed to be inevatible and is probably very good for the long term growth and technical progress of the whole space.
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March 30, 2018, 10:51:46 AM
 #30

but is it even wise to invest into the crypto economy anymore with the top 20 tokens all showing a 10 to 20 percent sell-off within the last 24 hours?
Yes as these coins still have the biggest trading volumes and that's the advantage that I can see.

Is this the end, are the days of bull runs over in Crypto?
When you tells about the end, are you referring to the death? As of the moment the bull runs are over as opposite is happening but it will be back there soon.

Ever since February we've been struggling to break $11kish and now it's back down, what are we to make of this?
Just buy when it's down and hold if you are skeptic and feel bad for this bearish trend.



 

 

 

 

 

 


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March 30, 2018, 11:00:19 AM
 #31

A good day to buy Bitcoin. Will it reach 6K? Who knows. Before the market of coins rapidly go high in the next month I'll buy now. I believe in Bitcoin. I think this is normal, even many social media that are banning bitcoin advertisement. Wow they are really afraid of bitcoin after all. Nothing will stop Bitcoin. 1st quarter of the year is almost over.
Yeah right. Tomorrow will be the last day for the first quarter of the year. I think the price will start moving and change the current trend. Many project have a critical update on this first quarter that will result on to pumping of coins. It is great to buy now while many are already converted into fiat. They will buy back soon so it is a wise moves to fill the bags early.

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March 30, 2018, 11:03:59 AM
 #32

Perhaps 11k is impossible to reach on this year but surely it will grow after the down trend . Observe the graph of bitcoin since 2017 when the price start to soar, see the pattern It's showing how strong bitcoin is what i mean it always survive after the price goes dip,  so its impossible to not recover, because the fact is as long there are some interested investors with it and big companies using it.  The price will recover again and again after the down trend.
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March 30, 2018, 11:07:26 AM
 #33

I am sure that it would the question that we should be asking is when?
When would it recover or be back to at least $15,000 I also think that the other large coin would recover as soon as the bitcoin has recover.

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March 30, 2018, 11:16:23 AM
 #34

https://www.coindesk.com/bitcoin-breaks-7000-to-50-day-low-amid-market-sell-off/

We know that cryptocurrencies are without a doubt changing hands right now, but is it even wise to invest into the crypto economy anymore with the top 20 tokens all showing a 10 to 20 percent sell-off within the last 24 hours? Is this the end, are the days of bull runs over in Crypto? Ever since February we've been struggling to break $11kish and now it's back down, what are we to make of this?

In what we are experiencing as of now some of us thinking that some coins are not making recover and begins to it's end. But I think in this kind of situation, the best things to do is to believe more to this system  and have a strong faith that soon it's going to be fine. All of it's volatility are only part of it's system and it's normal. I believe that bitcoin and some other coins will be better in the near future. 
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March 30, 2018, 12:19:22 PM
 #35

A good day to buy Bitcoin. Will it reach 6K? Who knows. Before the market of coins rapidly go high in the next month I'll buy now. I believe in Bitcoin. I think this is normal, even many social media that are banning bitcoin advertisement. Wow they are really afraid of bitcoin after all. Nothing will stop Bitcoin. 1st quarter of the year is almost over.
That is a good thinking, i also think that bitcoin price will very soon increase too much. Therefore the current time is the best time for trading purposes, because bitcoin is currently trading in a low price and once its price will start increasing, i do not think that i we can get another chance to trade bitcoin in that price again.

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palle11
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March 30, 2018, 12:20:27 PM
 #36

I don't know of other coins but certainly bitcoin would come back stronger. It wasn't this price by this time last year and speculations have been that it will drop to $3,500 yet it still strong which is an indication of a coin that will rise.

For etheruem, I'm really surprised the way the coin has dropped drastically, a sign for buy.
Palmerson
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March 30, 2018, 12:26:44 PM
 #37

I don't know of other coins but certainly bitcoin would come back stronger. It wasn't this price by this time last year and speculations have been that it will drop to $5,000 yet it still strong which is an indication of a coin that will rise.

For etheruem, I'm really surprised the way the coin has dropped drastically, a sign for buy.
It is easy to give advice and not be responsible for them. Why do you think that now is the time to buy eth? I do not think so. We see a serious decline in the capitalization of all coins. I wouldn't be surprised if the price of the ETH/btc pair is 0.035. Now any investment in crypto-currencies is very risky. I do not expect that the number of supporters of cryptocurrencies will increase in such conditions.

 
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pratik009
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March 30, 2018, 12:29:29 PM
 #38

https://www.coindesk.com/bitcoin-breaks-7000-to-50-day-low-amid-market-sell-off/

We know that cryptocurrencies are without a doubt changing hands right now, but is it even wise to invest into the crypto economy anymore with the top 20 tokens all showing a 10 to 20 percent sell-off within the last 24 hours? Is this the end, are the days of bull runs over in Crypto? Ever since February we've been struggling to break $11kish and now it's back down, what are we to make of this?
Before some month btc grew up to 1000$ to 14000$ and at that time btc grow 2000$ up in only one day. but nowdays it's price going deep and deep so we can say that everything can happen in this cryptoworld.so the price fluctuations is very normal in cryptomarket.so it doesn't mean that this is the end of cryptocurrency. In other way now all coins are very deep so i think it's very good time for investment beacause it will give you huge profits.so if you have trust in crypto then i suggest you to invest in it now.
Sidiq SP
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March 30, 2018, 12:37:16 PM
 #39

if I think when things get worse like this we should be calm, because even if we sell our investments it will add to our losses, and now the best thing is to hold our coins, by holding the coins we invest and while we walk consider the next step, do not rush to take a decision that maybe it will worsen our situation, this is a bit my view of this
Stavri
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March 30, 2018, 12:42:36 PM
 #40

they will ofcourse. But the question is when They will recover. I am not so optimistic nowadays. Looks like we will have to wait for a few more months as minimum.
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