weak period for cryptocurrency, do you agree?

[ibuddy122505]

In my opinion, I would certainly agree that we are at the weak stage of Crypto right now, bear markets and all. But that is not really bad if you don't have like millions in investment. Just stay focused in your analysis and do not sell while the market is low. Let's be patient.

Be cool these drop days! I especially enjoyed the ride as i can't know what happened next. Therefore, the worth advice been waiting patiently, the last night pumping so hard or it's just a big hype FOMO pump. Sell at this stage you may be proven wrong in the future.

[ahoenk]

I agree this is weak period and possibly can happen in one year. It is because the bull market last year is so huge like 2013 and now i saw it like 2014 bear market. People who pass through multi year bear market muat be survive in this market. They know what to do in this matket situation. However fundamental of crypto is strong and for long term it is still good to buy in and i called this situation is a chance to get in to the crypto train before next departure.

[cryptoadobo]

I agree with this that 2018 is not for crypto currency at all. It is known that many competitors exist and continuous bearish market makes it hard to develop the industry. What I am doing now is to hold most of my alternative coins so that when the bullish market comes in the profit will be rewarding.

[hasna17]

Yes I think this will be the slowest period since I joined the crypto currency, and this may need to be identified because of
There may have been price manipulation since January 2018 and this is why the market is going down so hard,
I hope that bitcoin will not go down deeper to the $ 5k level again.
It may be necessary to enact new regulations or clear laws so that these market conditions become healthy again.

[crypto_geeek]

I disagree with you. Now a lot of projects are actively developing their products, but you probably do not notice it, because these events are not strongly reflected in the price of the token. The main thing is technology. If technology develops, the token will go up.

[morozo]

Yes, the current cryptocurrency is in a difficult period. Many outsiders attack the cryptocurrency and many hackers attack the trading platform. This has caused a large number of investors to fear the market!

I completely agree with this point of view, last year everyone was so excited about crypto but then so many hacks happen and on top all these unclear directions regarding regulations. Some sinister minded people have stopped the crypto revolution...at least for now it seems

[superstarbtc]

usually, cryptocurrencies are having a bear market in the time of bear market we cant expect to earn much the market profit percentage will be very low

[morozo]

I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?

We are in a bear market again and almost all coins drops so hard today. There might be a price manipulation since January 2018 and this is why the market drops so hard. In this kind of market patience is very important, I hope that bitcoin will not go down deeper to $5k level again.

Have patience, just go with your own decision. The present time can be considered as a buy time, and some consider losing tends to sell. Similar pattern of growth took place previously, price went as low as $6500 and then started to recover and reached around $9700 and stabilized around the $7500 range. This time too similar thing can happen.

You seem to be confident that there is a buying time now but what makes you so sure? After all btc could drop to 5k and then you would lose 20% if you go in now.

I agree, my opinion is to wait, BTC'll go lower for sure, under 6000 $, waiting strategy is now the key.

If everyone just stays on the sidelines then nothing is going to change either. Look at the low volume that tells everything. If the majority of people just sits this out we never get somewhere. I think the big shift need to happen from speculation to actually using all these currencies in daily life. I try to buy with Bitcoin whenever it is possible but just very few sites accepts them as payment

[Btcmistress]

This period is needed

[jackjackfly]

The crypto has reached the higher ground and was noticed by politics as a real tool for getting money. That is why market droped as much as we see. Moreover there are many bad news from big people, that they are thinking crypto is bad, that they are banning crypto. All of that caused the situation we see now

[Haruderty]

usually, cryptocurrencies are having a bear market in the time of bear market we cant expect to earn much the market profit percentage will be very low

Do think the bottom has been reached?

[Coinseeker22]

You can say that yes. Ever since  the first  quarter a lot of pump and dumped  happened. And now just when the market  manage to recover we are seeing another  bearing formation. Well this is what the forecast said if its true the market  will hit lower that it hit in June.

[max65]

Yes I should agree with you that know was the weak period of cryptocurrency.Before and now is to big differences because now a day they heard in new a bag thing  not a good one.We think positive not negative things.

[Gurueconom]

I agree with you. Do not worry, this is absolutely normal after such a sharp rise in the crypto currency market.

[South Park]

I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?

I do not think there is much to discuss, this has been a very weak period, this last six months have been terrible but this show to us that you are a newbie we had a period after the crash caused by Mt Gox that lasted way longer than this and the crash was even worse, and about what caused this? It is obvious as well, the crash we suffered has caused that everyone is afraid and no new money is entering in the market.

[best ever]

I agree with you. Do not worry, this is absolutely normal after such a sharp rise in the crypto currency market.

I will never lose the interest to the cryptocurrency even when the market will stay red for a very long time. I am sure that the crypto is really our future.

[Fedrey]

I agree with you. Do not worry, this is absolutely normal after such a sharp rise in the crypto currency market.

I will never lose the interest to the cryptocurrency even when the market will stay red for a very long time. I am sure that the crypto is really our future.

I, too, of the same opinion, but if you work with crypto currency and save all the coins for the future, you still need funds for life. I think that some coins still need to be left for long-term prospects, and some still sell, despite the poor state of the market.

[pinoyden]

I agree with you. Do not worry, this is absolutely normal after such a sharp rise in the crypto currency market.

I will never lose the interest to the cryptocurrency even when the market will stay red for a very long time. I am sure that the crypto is really our future.

I, too, of the same opinion, but if you work with crypto currency and save all the coins for the future, you still need funds for life. I think that some coins still need to be left for long-term prospects, and some still sell, despite the poor state of the market.

thats right bro . we still need to sell some of our coins in order to earn a profit because we need a money to live and we dont really have a choice but to sell it on a low price . cryptos are indeed the future of money but our future wont depend on them because we cant just depend on them forever . we need to find other jobs that are seem more stable , so that we can sustain our selves and our family regularly or we can also use our cryptos as a form of capital to start a business .

[Vispilio]

The current prevailing negative sentiment makes prices favorable to buy and hold for long terms, as most of the weak hands have already left the market.

However, on the flip side of this argument, there is still a great number of mainstream laypeople who are in panic and FUD mode, so they sell any little rally they can find;

hence you are seeing the frequently up and down two way volatility right now in most Crypto Currencies.

[Saveplus]

Yes I am agree with that comparing for the year 2017 bitcoin was really improving.But when the year 2018 comes it is very slow for making more profit due to slow increasing of price value.But even though if that happens I will still continue to trust crypto and support,until it will came back for its higher price again.