agus_sna (OP)
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August 16, 2018, 06:35:49 AM |
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What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
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adaseb
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August 16, 2018, 06:47:57 AM |
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What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
Don't know if this is a serious question or just badly worded but... The crypto markets will stop falling when the sellers and buyers are balanaced out. Then it will trade sideways. It will go up when there are more buyers than sellers. Its falling for many reasons, however mostly due to people getting emotional about losing money who bought earlier in the year and are sitting at 50-90% losses in their portfolio.
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mk4
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August 16, 2018, 06:53:18 AM |
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Since your topic content is worded weirdly, I'm going to answer your topic title instead.
No one knows where the "bottom wall" is. It can go as low as it can simply if there are enough sellers. Though in my opinion it's quite unlikely for the price to go below $5800 short term, as there is so much buying power at that price range. Though it's definitely not impossible to go lower than $5000. Time will tell.
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omfg.xekcep
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August 16, 2018, 09:46:11 PM |
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In this year the crypto market has been rocked very significantly I would say the crypto market actually has been crashed. Many investors were disappointed such a situation and went from market. The current market situation is not well enough but there is something positive I mean that the market has being grown for last couple days somebody is buying crypto assets because the market capitalization has been increased a little. Perhaps the market will turn soon its direction to the uptrend. Anyway I have increased my position in ethereum hoping on the future growth.
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rose8963
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August 16, 2018, 10:11:21 PM |
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What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
You can see that the market is starting to show some sign of correction and a slight recovery as bitcoins move sideways during the past few days, according to my analysis, the bitcoin price could return to $ 6600 then down to $ 5200. The market is in the bearish trend in the long term so I believe you should only trade short term and trades at this time to minimize risk.
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BitMaxz
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August 16, 2018, 10:47:02 PM |
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No one can predict if the cryptocurrencies will continue to fall because all coins on coinmarketcap is unpredictable.
However, look at the price movement today seems the price of other coins and bitcoins stopped falling so I think the bear market is almost done.
Since bitcoin has a strong support and it has a strong resistance at $6k value, it's possible that the price will rise up again.
Check the Coinmarketcap there are two exchanges that the volume suddenly rise quickly. So, I think there are big whales investing back again to hold and wait for the price rise again.
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TimeTeller
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August 16, 2018, 11:57:19 PM |
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What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
Don't know if this is a serious question or just badly worded but... The crypto markets will stop falling when the sellers and buyers are balanaced out. Then it will trade sideways. It will go up when there are more buyers than sellers. Its falling for many reasons, however mostly due to people getting emotional about losing money who bought earlier in the year and are sitting at 50-90% losses in their portfolio. No one can predict if the cryptocurrencies will continue to fall because all coins on coinmarketcap is unpredictable.
However, look at the price movement today seems the price of other coins and bitcoins stopped falling so I think the bear market is almost done.
Since bitcoin has a strong support and it has a strong resistance at $6k value, it's possible that the price will rise up again.
Check the Coinmarketcap there are two exchanges that the volume suddenly rise quickly. So, I think there are big whales investing back again to hold and wait for the price rise again.
Yeah, he needs to re-phrase his question. Maybe, he wants to know the perspectives of other crypto users. And yes, you'll never know the actual occurrence in the market so it's really hard to predict. If you are already a long time trader, you know at least when to risk your money. And you know how to strategize not to lose a lot of money. I think, this is just another phase of bitcoin price dip, it will still go up. Remember, crypto world is becoming bigger and bigger so it means, bitcoin has still future.
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newinbtc
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August 17, 2018, 12:23:49 AM |
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What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
. Until Some good news to come to Market About Crypto Such as If Us Approves Bitcoin Etf. Crypto coin Prices are unpredictable , we can just Say a number from imagination.Some expert users says It will stablize in end of Year Nearby November 2018. According to las prediction Last Price guss was 5850$ But still Price Gone below 4750$ but it bounced back after short time period. If someone guess 5000$ , keep in Mind it can go below 3500 to 4000$ Also. or Lower also. Crypto market is 24 Hours market , we cannot watch This market always.
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charlotte04
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August 17, 2018, 01:29:51 AM |
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What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
It will still continue on falling down if people will keep on shorting and selling their holdings and it won't go up until there's any news that would help all people to go long and start buying again.
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leowonderful
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August 17, 2018, 02:35:50 AM |
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Crypto prices are like predicting lottery numbers- nobody really knows what it's going to be until it happens.
Positive and negative news about the BTC ETF seems to be affecting prices quite a bit, though, and any information on that at all will likely cause prices to go either up or down; seems like that's the main thing most people are watching right now. I could see prices potentially dropping near $5300-5500 if negative information about the ETF surfaces, but as many have already stated, there's plenty of support from buyers at the $6000 range we're near right now.
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iqlimasyadiqa
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August 17, 2018, 02:53:56 AM |
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Crypto prices are like predicting lottery numbers- nobody really knows what it's going to be until it happens.
Positive and negative news about the BTC ETF seems to be affecting prices quite a bit, though, and any information on that at all will likely cause prices to go either up or down; seems like that's the main thing most people are watching right now. I could see prices potentially dropping near $5300-5500 if negative information about the ETF surfaces, but as many have already stated, there's plenty of support from buyers at the $6000 range we're near right now.
Basically, the current Bitcoin price movement is influenced by all of us, when we believe and increasingly use bitcoin, the volume of Bitcoin transactions will increase. Although there are indeed bad conditions like those carried out by manipulators by causing prices to decline and increase rapidly. Once again that we have to keep trying to increase financial transactions every day by using Bitcoin, it will increase the confidence of many people towards Bitcoin !!!
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deus030518
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August 17, 2018, 05:28:30 AM |
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We never know until when will the price of the crypto will fall it will depends on the many people who invested on it. We never know how many people will invest if there are only a few will invest then the price will still fall but if there are many will invest then the price will rise.
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rayk
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August 17, 2018, 06:16:34 AM |
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Until when? When they hit zero. It is clear most coins are more useless then useless ethereum token ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) All below $5m market cap.
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ralle14
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August 17, 2018, 07:44:57 AM |
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what do you think about when the price of crypto currency goes down like this?
For Bitcoin I think it's fine and for the alts they've suffered quite a bit more than Bitcoin. Several alts are showing their true value bit by bit as some of them are heavily pumped. Every time I see the price of Bitcoin go down I always look at this chart to make myself feel better and the same thing goes for some alts since they are somewhat dependent on the price of Bitcoin. Until when? When they hit zero.
And no one knows when it'll hit zero.
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richcorner100
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August 17, 2018, 07:54:44 AM |
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I think crypto price already oversold and just started to going up more, we can see now some altcoin like VET nad ONT going up more than 50% aday and others altcoin will follow it. I think bull run is near and some altcoin will possible to going up again to the their top price.
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2@abcdeeply
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August 17, 2018, 08:38:42 AM |
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Now the price of electronic currency is constantly falling, the market of the coin is in extremely cheap price, so buy in and hold, do not sell now will regret later
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Pamadar
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August 17, 2018, 08:50:07 AM |
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The market is unpredictable and no one can tell when will the market will bounce back, there's already news that supposed to lift this bear into bull but suddenly it was moved and by this delayed the bear start to overcome once more, there's a need for traders and investors to trust the system and attract new followers to support and invest.
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DBronze98
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August 17, 2018, 08:56:26 AM |
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This is an unusual market, and no one knows it will go up or down at any time. The market is influenced by so many factors that decide whether it goes down or goes up. Especially the whales will be the creators of the special I made the market move at his will.
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mostkey
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August 17, 2018, 08:59:41 AM |
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Not sure when we will stop going down and re-pump, indeed no one knows when it will stop clear if everyone believes in the market and is used again at a very cheap price like now, because that will push prices back and up, but the crypto market will not go down further, the current support area is very strong not too far in the estimation of many people and like you are too worried about every condition, ETF can only affect a portion of the price and maybe now it's time to rise to wait for ETF's decision back in the month September lol.
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agus_sna (OP)
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August 18, 2018, 05:26:41 PM |
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What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
Don't know if this is a serious question or just badly worded but... The crypto markets will stop falling when the sellers and buyers are balanaced out. Then it will trade sideways. It will go up when there are more buyers than sellers. Its falling for many reasons, however mostly due to people getting emotional about losing money who bought earlier in the year and are sitting at 50-90% losses in their portfolio. I am really serious but I am still confused at what price I have to sell, if now it is far from the purchase price .. And from some of my analysis there are still many who are panicking to immediately sell their crypto currency, and if I think it will make them lose,
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