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Author Topic: Can we just point out the obvious?  (Read 438 times)
otong
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March 23, 2019, 03:41:16 PM
 #41

Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.

the crypto situation is currently experiencing a downturn. but that doesn't mean crypto doesn't have a future. on the contrary, crypto will grow in the future. but this certainly requires the support of all of us.
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susuberuang
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March 23, 2019, 03:54:54 PM
 #42

Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.

the crypto situation is currently experiencing a downturn. but that doesn't mean crypto doesn't have a future. on the contrary, crypto will grow in the future. but this certainly requires the support of all of us.

I think this can be used as a good opportunity to be able to buy as much coins as you can because the price decrease makes you have the potential to be able to get a lot of profit and that can happen if the price can recover.
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March 23, 2019, 04:08:12 PM
 #43

Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.

the crypto situation is currently experiencing a downturn. but that doesn't mean crypto doesn't have a future. on the contrary, crypto will grow in the future. but this certainly requires the support of all of us.

I think this can be used as a good opportunity to be able to buy as much coins as you can because the price decrease makes you have the potential to be able to get a lot of profit and that can happen if the price can recover.

Or you can be left bagholding a huge amount of worthless token. Either way, we must do our research first before investing to a market, I have exprienced both left bagholding a huge token and getting huge profit from buying dumped coins/token.  From this experience, I can say better buy those token that have an active developer and had been around the market for more than a year.  This will at least minimize the risk of being left bag holding useless/worthless coins or tokens.

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criket
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March 23, 2019, 04:13:40 PM
 #44

Or you can be left bagholding a huge amount of worthless token. Either way, we must do our research first before investing to a market, I have exprienced both left bagholding a huge token and getting huge profit from buying dumped coins/token.  From this experience, I can say better buy those token that have an active developer and had been around the market for more than a year.  This will at least minimize the risk of being left bag holding useless/worthless coins or tokens.
you are right, it looks it will be safer for all of us to invest in the asset token that is already running. development is done we can see from the price movement of the market is going. but sometimes if it has been more than half a year of trading for the new token will be deserted, the vibrant is the token first time listing and it will make the price continues to fall.
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March 23, 2019, 04:16:29 PM
 #45

Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.

the crypto situation is currently experiencing a downturn. but that doesn't mean crypto doesn't have a future. on the contrary, crypto will grow in the future. but this certainly requires the support of all of us.

I think this can be used as a good opportunity to be able to buy as much coins as you can because the price decrease makes you have the potential to be able to get a lot of profit and that can happen if the price can recover.

that is only true of the coin you buy gets pumped right after you bought it.
the problem however is that a lot of altcoins are still dumping hard so when you buy them at these decreased prices you lose a lot of money instead as others continue to dump it.
your best case scenario is that you end up bag holding some altcoin that doesn't even move for another 8-9 months and then finally sees a very small pump before dying for good.

Holding Bitcoin More Every Day
Dimas99
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March 23, 2019, 11:32:30 PM
 #46

This is all correct technology is good, but so far raw and young and can not show the ideal conditions. Now the main thing is not to lose the strongest adherents, so that later  will not dangle in constant weightlessness and impermanence.
isn't that already a risk in investing with crypto currencies and by knowing the risk that investors are far more able to have the confidence and patience that is strong enough to invest with crypto currency
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March 24, 2019, 05:12:44 AM
 #47

This is all correct technology is good, but so far raw and young and can not show the ideal conditions. Now the main thing is not to lose the strongest adherents, so that later  will not dangle in constant weightlessness and impermanence.
isn't that already a risk in investing with crypto currencies and by knowing the risk that investors are far more able to have the confidence and patience that is strong enough to invest with crypto currency
When they do not have confidence for sure they will not invest their money. I'm sure investors already thinking of all the risk. they are not fools, they invest and study the project in advance.
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March 25, 2019, 02:39:59 PM
 #48

I know that the crypto market is being hyped almost all of the time, but sometimes I begin to see it as a good thing because we need every method possible in other to get people onboard especially those that have already lost trust in crypto.

The best thing we can do is to stop focusing on just the price of crypto because we might be frustrated when we begin to see a dump in price, but we should focus more on the technology behind the crypto market which is a new technology and need to be explored to its maximum.
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March 25, 2019, 02:45:37 PM
 #49

So a lot of us have these highly optimistic views towards crypto and bitcoin, this is fuelled by nothing more than the desire to make money from something which has had it's day.

First before we go telling new people to buy now can we just stop and think about the impact you would feel if a selfish person gave you bad advice and you ran with it? Now what if a group are telling you? You'll lose complete confidence in the market you're trading on and likely move on with a sour taste.

No one on here has any idea when things will turn and it's all hope and optimism with no basis, we need a reason for things to turn and currently we don't have a reason, the big investors that pushed the price up did so because they had faith in where this technology could go, but sadly 2017 demonstrated a big failure in one of the most important areas being efficiency, if those recall how expensive bitcoin transactions got and how slow they became late 2017 you'll get this point and understand why we crashed, as it is now Bitcoin still has these issues and cannot scale well, we have solutions in the works like lightning network and other altcoins working on scalable solutions, but where it stands now we have no reason to go up, so please stop telling people it's about to change.

It's still not a bad time for beginners to put in a small amount and learn via day trading and research, I recommend doing so..but I do not recommend throwing big money at anything right now.

Myself I'll throw more money in when I see a successful roll out of the lightning network taking place, if we can get past the efficiency issues confidence will grow, I'm still optimistic long term in the tech but we have a bit of a way to go.

I'm sure some will disagree with this but the main point stands, we're being unmoral pushing advice we know isn't true.

This is an opinion from the perspective of a person who considers cryptocurrencies to be a tool for making money (speculator, trader).
If you look at cryptocurrencies as the future of finance and a tool for financial operations, you will see great prospects and you will have no doubts as to whether the investment in crypto is a good idea or not.

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March 25, 2019, 03:20:28 PM
 #50

back in the day people mostly used crypto because of the tech and the anonymous payment. be happy that the coins are now in a stable phase you can use them for payments. the greed came with the hype. all then it was all about profit profit profit. just be happy. the bottom is reached and it can still rise. there is much space for growth. just stop with that standart thinking that crypto is here to make profit.
Wise talk, and there will be a point in future where we will all have to return back to days we use to strictly see crypto as payment system before the loop hole was being seeing by those who doesn’t want the decentralized objective to be achieved, and took advantage of that loop whole to make it look like it is an investment scheme.

I really cannot wait for the point in time where everyone would have adopted the use of cryptocurrency and the coin become stable without much volatility, these is the point where we can all start recognizing its usefulness again but before then, let me still make my own profit too via trading.
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March 25, 2019, 03:25:15 PM
 #51

You need to know that you will definitely get advice like that from people and there will be so much hype at the end of the day to create FOMO and other things in the market so in the end learn to decide for yourself base on your own point of view take hype as just what it is and dont take actions based on it

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March 25, 2019, 03:31:15 PM
 #52

This is all correct technology is good, but so far raw and young and can not show the ideal conditions. Now the main thing is not to lose the strongest adherents, so that later  will not dangle in constant weightlessness and impermanence.
isn't that already a risk in investing with crypto currencies and by knowing the risk that investors are far more able to have the confidence and patience that is strong enough to invest with crypto currency
indeed, no one can avoid such risks, but there are a number of ways that at least help you to find a good and correct investment place, usually these investors will look at the website and the project being developed, as much as possible the existing team is genuine encountered directly.
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March 25, 2019, 05:14:49 PM
 #53

It is certainly clear, people would always think of their selfish interest first and this is not only related to the world of cryptocurrencies. Before you tell someone to spend his/her money on a project, you should be convinced without reasonable doubt that the project you are promoting is very feasible so the person don't up with loses.
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March 25, 2019, 08:13:38 PM
 #54

It is certainly clear, people would always think of their selfish interest first and this is not only related to the world of cryptocurrencies. Before you tell someone to spend his/her money on a project, you should be convinced without reasonable doubt that the project you are promoting is very feasible so the person don't up with loses.
The fact is that Technical analysis has always been the most important activity in the cryptocurrency market, but as always it was the most difficult of all the necessary actions that were needed for each user of cryptocurrency. In any case, if you have confidence in this or that project, then you need to make a choice in its favor unequivocally.

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