CoinChili
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Activity: 239
Merit: 15
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March 30, 2018, 01:50:43 PM |
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A lot of coins will start recovering soon as demands starts increasing, the market has had so much money taken out and supply is way more than demand in this market right now which is what is causing the drop in prices. This bear market will probably last a while longer and some more people will sell off their coins but it will recover in time.
then add some fud and bad news which crypto has been strictly watched by governments institutions, warn everyone for not complying and seeking up taxes, seems negative, but I shall call it an Adoption
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Ewox
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March 30, 2018, 01:54:51 PM |
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I think this downtrend has happened before so I’m confident bitcoin and the rest of the cryptocurrencies will soon recover but the question is just when will it happen. That’s why I preferred to hold my coins for long term so I don’t have to worry much when the market went down.
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bridgeport
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Activity: 56
Merit: 0
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March 30, 2018, 02:07:31 PM |
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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? Definitely yes, it will recover because of even the big player or whales are not selling their coins right now, they are only buying more bitcoin but sell some because they know that it will bounce back soon.
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fulmetal08larz
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March 30, 2018, 02:43:45 PM |
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During the peak in December 2017, BTC and alts price were hitting an all-time-high, everybody was enjoying its upward momentum, others are buying more BTC and alts hoping for it to break another ATH - FOMO without any realization of correction and consolidation after its bullish run. The result of it is what we're experiencing right now, the true price of BTC and alts before the FOMO. We may go through this consolidation stage until Q3 of 2018 but it does not stay at the bottom, it will recover for sure because many institutional investors are attracted to it.
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just_Alice
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March 30, 2018, 03:22:39 PM |
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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? Yeah, I don't know, I really thought around 17-19 Feb, when Bitcoin was increasing that it will recover, what happened then? Not sure if Bitcoin will make it up to 20k this summer now.
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BrewMaster
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Activity: 2114
Merit: 1293
There is trouble abrewing
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March 30, 2018, 03:32:11 PM |
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unfortunately we have no large coin, we never did have then before either! there are cons like ETH which are super hyped and advertised nonstop but that doesn't make it "big" or large! it just proves their advertisers are big!
as for recovery i have to say most of the altcoins won't recover from this dump and many of them will require a long time before they can get pumped again. if you want to invest, it is best to wait a little while for bitcoin dump to stop and it reaches a nice bottom then start buying bitcoin as much as you can. it has been proven many times that altcoins are only good for short term and as long as bitcoin is stable.
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There is a FOMO brewing...
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Twinscoin2017
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March 30, 2018, 03:48:12 PM |
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unfortunately we have no large coin, we never did have then before either! there are cons like ETH which are super hyped and advertised nonstop but that doesn't make it "big" or large! it just proves their advertisers are big!
as for recovery i have to say most of the altcoins won't recover from this dump and many of them will require a long time before they can get pumped again. if you want to invest, it is best to wait a little while for bitcoin dump to stop and it reaches a nice bottom then start buying bitcoin as much as you can. it has been proven many times that altcoins are only good for short term and as long as bitcoin is stable.
I agree on that maybe some altcoin will really having a hard time to get rise again. But the possibility is always there and we cannot really predict on what will be the exact time of rising. But I believe it will really rise maybe in the next couple of year. I think this is now the big opportunity of buying some kind of dump coin and wait for the right time to sell during the price will go up.
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Nahl
Legendary
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Activity: 1652
Merit: 1000
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March 30, 2018, 03:50:00 PM |
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maybe it could be recover or possibly too the price will continue to fall i think the chance is 50/50 for that however currently all of crypto traders has been tested their mentally that could them survive and out from these situations or they decide to quit from crypto because they fear to lost more deep
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airdagon
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Activity: 546
Merit: 17
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March 30, 2018, 03:51:04 PM |
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of course the price of bitcoin and other coins will soon recover my brother! I think, this is not an excuse for bitcoin can not recover, I believe that bitcoin will recover soon, if bitcoin recover automatically its other big coins will also recover soon. As Far As I Know in the world of cryptocurrency that greatly affects the price of other coins is bitcoin. yes, it can be said that all coins follow the bitcoin price trend.
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Genemind
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March 30, 2018, 03:53:13 PM |
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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 altcoins had a good bull run just before the year ended last year. After a bull run, we all know that the next possible thing that can happen is a bear market. We should just be patient, in fact, this kind of market is giving investors to invest at lower prices. I am sure a lot of people will regret no enjoying the current market situation once the market starts recovering.
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keycellko
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March 30, 2018, 03:56:15 PM |
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If you base on the history of bitcoin, it will recover. Previous year's charts you can see the trend of bitcoin. Its always up and down but overall the trending us going up since it started. There's no doubt bitcoin can recover. It always has. Not to mention, the downward trend is mostly controlled by the whales so they can buy bitcoin cheap. These big investors for sure knows how to turn the tides for them to profit huge from this.
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darkangel
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March 30, 2018, 03:56:22 PM |
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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 the past also same instance happened,the bitcoin fell more than the current percentage in value but it successfully recovered.So try to do research yourself before asking these silly questions even no one has the power to predict the future so no ine can answer these questions. Most of the virtual currency on the global market has recovered from the recent correction. The major correction that occurred earlier this week may be triggered by the sale of bitcoin by whales and institutional investors in the traditional financial markets. It is possible that bitcoin and other currencies will fall again
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rext
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March 30, 2018, 04:01:02 PM |
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If you base on the history of bitcoin, it will recover. Previous year's charts you can see the trend of bitcoin. Its always up and down but overall the trending us going up since it started. There's no doubt bitcoin can recover. It always has. Not to mention, the downward trend is mostly controlled by the whales so they can buy bitcoin cheap. These big investors for sure knows how to turn the tides for them to profit huge from this.
By the end of 2017, when the value of Bitcoin copper reached an all-time high, the media was extremely optimistic, prompting investors to invest heavily in the virtual currency market. As the price of copper fell, many investors, often new ones, suffered heavy losses. However, the market has recovered, it may recover quickly in March and April
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Armstand
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March 30, 2018, 04:09:24 PM |
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If you base on the history of bitcoin, it will recover. Previous year's charts you can see the trend of bitcoin. Its always up and down but overall the trending us going up since it started. There's no doubt bitcoin can recover. It always has. Not to mention, the downward trend is mostly controlled by the whales so they can buy bitcoin cheap. These big investors for sure knows how to turn the tides for them to profit huge from this.
By the end of 2017, when the value of Bitcoin copper reached an all-time high, the media was extremely optimistic, prompting investors to invest heavily in the virtual currency market. As the price of copper fell, many investors, often new ones, suffered heavy losses. However, the market has recovered, it may recover quickly in March and April March is about to end and April will approach soon, we just need to put our patience if we decide to hold on to our coins until it recover, the month were not vivid yet but it will come,let's hope.
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Fuhre
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March 30, 2018, 04:13:58 PM |
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OH, GOD! I think this is not a good time to ask for bitcoins and other coins to recover. which I know we will take a long time to recover, I also believe that bitcoin will grow at the right time, where the market is now experiencing a very significant slowdown tend to be unstable, not easy to improve now, hopefully this is not a bad sign for cryptocurrency.
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trader34
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March 30, 2018, 04:15:28 PM |
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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 my opinion? Yes. When we will reach the dip of this long-lasting bear market, we will see another bull run, from Bitcoin first, but then also from altcoins in general. keep your faith
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Lyne01
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Activity: 224
Merit: 10
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March 30, 2018, 04:16:30 PM |
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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 $11kish and now it's back down, what are we to make of this? I believe this is a normal situation for cryptocurrency because of their volatility characteristic. It is already second quarter of the year and bitcoin is still struggling to recover to its peak price of 12k$. If the dropping continues by this quarter, then it will really difficult to recover.
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ahmad21
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March 30, 2018, 04:23:05 PM |
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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? Everyone in this world is really worried about how will cryptocurrencies really recover. Even I have been facing the very same question day and night. The problem increases when we are unable to identify why is this happening. There have bee some bad news around the corner but there have been equal amounts of good news to trigger a bull run. Like the G20 news in itself was alone enough to give cryptos the lime light yet cryptos are unable to take charge of market. Even TA is unable to answer the question. Then how are we planning for a recover I really dont know.
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Sony.UK
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March 30, 2018, 04:41:34 PM |
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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? We expect this correction ends by this month. April is stepping in. Everyone expects crypto coins value especially bitcoin value would start growing from April and at least we could have value of around $10K. Once this Easter holidays gets over, the investors would pitch in. As the value gets lower and lower, there are lots of chance for more investments and chance to grow the values.
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reliable
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March 30, 2018, 04:49:18 PM |
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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 my opinion? Yes. When we will reach the dip of this long-lasting bear market, we will see another bull run, from Bitcoin first, but then also from altcoins in general. keep your faith It is the last dip possible and we should not worry much that it can fall further. If you want to make money from this then invest now as that you can get the great profits after the rise which can happen soon anytime and even become millionaire .
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