current situation of cryptocurrency for 2018

[Helpme_please]

The global economy crashed in this current year. Cryptocurrency market is not just the market that got down.  Even the stockmarket and the forex market got crashed in this current year.

all investment market felt the same condition.since global economic fundamental didnt stable much investors take their money out from any market.and actually cryptocurrency get positive impact in future.

[0t3p0t]

Cryptocurrency for 2018 is not really good. The market price for bitcoin and other crypto in the market are free falling and does not play a major market price increase since the highest peak market price for bitcoin hit on last december 2017. Thus, I am looking for some reason on this why this happen to cryptocurrency market and the real situation for cryptocurrency.



Basing on the graph it seems that market price for bitcoin stabilizes and eventually fall. The investors were withdrawing their investments on bitcoin for a certain reason and that is the cryptocurrency regulations. The blog from advisor.lk which has been posted by their staff writer stated that the current state of the cryptocurrency is not so good for the current owners as the currencies free falling since January 2018. , The blog stating the multiple reason for this and thus reasons for the decreasing trend and the major factor considered to be the government regulations on the cryptocurrencies, due to the various regulations imposed by the Chinese, Japanese and Korean and other governments resulted in major steep fall of cryptocurrencies.

The blog were talking about also with the two reasons for the government regulations, one is cryptocurrencies lack intrinsic value and governments view private currencies as a threat to their sovereignty.

Probably we could not expect bull run for crypto in the year 2018. We should not hope and expect for it to happen.

Reference: http://blog.advisor.lk/wp/2018/04/12/crypto-currencies-what-is-the-current-situation/

You can see it as not good because it has fallen roughly from its all time high, but if you think creatively, the price of Bitcoin is still greater than the past price of it for the last 3 years.

I agree with you mate, Bitcoin's price is still greater than a dollar so I think everyone shouldn't have to worry about  how steep 2018's Bitcoin price fall. We all know the volatility of crypto market that is why we have to go with the flow and wait for the bounce back if we have Bitcoin holdings. Regulations might also be the reason why it falls but I am hopeful that Bitcoin will be recovering soon.

[Rooster101]

The current situation might be the result of 2017 bitcoin bullrun and it will take many months or years before we see a recovery again. An uptrend is always follow by a downtrend according to the cryptocurrency price cycle. There are more possible factors that can affect prices in short term but the present market have been in downtrend for almost a year now and many investors and traders suspects that a group of whale have been manipulating the cryptocurrency market.

[pedangrusak]

I also think that investors have been holding crypto for too long in conditions that have continued to decline and they have finally faltered and there have been a lot of sales that have caused prices to fall further. and many awaited decisions such as ETFs, SEC and BAKKT have not appeared until the end of 2018 and this has a negative impact on crypto value this year, hopefully crypto next year can give us even better profits

[Greed Dev]

Dreamers will soon die in the crypto market. When the financial markets are down, investors always think that the market will be pumped in late 2018. That is a big mistake and we should stay away from that mistake. We should set out to fight this red market.

[bummm]

The global economy crashed in this current year. Cryptocurrency market is not just the market that got down.  Even the stockmarket and the forex market got crashed in this current year.

Yes, it was evident that the crypto market would crash. However, many people were absolutely sure that these negative changes would never touch the cryptocurrencies. But it happened.

[iged_war]

Dreamers will soon die in the crypto market. When the financial markets are down, investors always think that the market will be pumped in late 2018. That is a big mistake and we should stay away from that mistake. We should set out to fight this red market.

weak hand will die, meanwhile dreamers could stay in this market.they always have keep positive mind about crypto future.and wait till all cryptocurrency price recovered again.

[DevilSlayer]

The market is still down, the value of most of cryptocurrencies became low because of high supply and low demand. The market crashes because there are many investors who withdraw their money that causes low support.

[jeremyscott]

seeing this graph can really be alarming.  it's a little over $3k today.  hope that this is the bottom and move up again soon.

[devinks]

seeing this graph can really be alarming.  it's a little over $3k today.  hope that this is the bottom and move up again soon.

yes it is indeed very worrying and makes investors feel like leaving it. this year I think it's the worst year for the world of cryptocurrency because the price is difficult to rise and as low as this. I'm sure it will definitely go up but it also takes time and whether it's when.

[ngano ba]

The current situation now of cryptocurrency is leaning , this is because of the current market falldown of price value, the cryptocurrency now is very affected by the current market, those that are related to cryptocurrency are also negatively affected, no is exempted , but I think it can still recover , it need some time and effort.

[reality18]

seeing this graph can really be alarming.  it's a little over $3k today.  hope that this is the bottom and move up again soon.

yes it is indeed very worrying and makes investors feel like leaving it. this year I think it's the worst year for the world of cryptocurrency because the price is difficult to rise and as low as this. I'm sure it will definitely go up but it also takes time and whether it's when.

The market is down yet there is still more hope for cryptocurrency. The correction phase which followed the bull market in 2017 led to lots of panic selling because the inexperienced investors thought the market was collapsing amidst the governmental attacks.
2019 will definitely have something good for the entire crypto space, keep holding.

[sclmte]

in this situation it is very difficult to wait for the next occurrence of the crypto now even though I am really on board. but as long as I understand and accept whatever situation in the crypto and somebody told me not to worry because since then some of these situations happen just wait, do not be panic and of course also need patience so that we can achieve the next success someday.

[sempak]

Dreamers will soon die in the crypto market. When the financial markets are down, investors always think that the market will be pumped in late 2018. That is a big mistake and we should stay away from that mistake. We should set out to fight this red market.

Well they always expect the same as last year even though it was the wrong thing. this year the market is not like last year's down and up big

[Kahoy01]

Same thing happened around 2013 to 2015, the price went high and dropped. Then later it started to go up a bit and in 2017 it got the bull run and price went high again.

So if history is trying to repeat itself the same way again, then there is nothing wrong with it, cause we are already sure that after all this the price will still go up. The problem with some people is that they lack patience. If you’re going to invest in cryptocurrency, then you better have patience and stop ranting about price fall.

History is not repeating itself, we repeat history. As you say that there are now many times that the value of bitcoin dropped so much but it regain its normal value because the demand of the people to bitcoin increased. I am sure that it is part of a cycle and we can see the growth of the bitcoin in the following months.

[Soots]

Dreamers will soon die in the crypto market. When the financial markets are down, investors always think that the market will be pumped in late 2018. That is a big mistake and we should stay away from that mistake. We should set out to fight this red market.

Well they always expect the same as last year even though it was the wrong thing. this year the market is not like last year's down and up big

Market is not at its good state right now, and I don't think it can recover that fast within a short period of time, with few more days to come before new year sets. There are various reasons behind why price fluctuates heavily, but with this current situation, we have to stay calm because if we panic out of disappointment and be stressed out with things that are out of control, then it won't make us be productive and efficient. Believe and trust that market won't leave us behind, it may take earlier or longer for its recovery but no need to rush on things. Patience and knowledge play a vital role when you are in the field of cryptocurrency. Never lose hope and don't be negatively affected with all the controversies around.

[andriarto]

Same thing happened around 2013 to 2015, the price went high and dropped. Then later it started to go up a bit and in 2017 it got the bull run and price went high again.

So if history is trying to repeat itself the same way again, then there is nothing wrong with it, cause we are already sure that after all this the price will still go up. The problem with some people is that they lack patience. If you’re going to invest in cryptocurrency, then you better have patience and stop ranting about price fall.

History is not repeating itself, we repeat history. As you say that there are now many times that the value of bitcoin dropped so much but it regain its normal value because the demand of the people to bitcoin increased. I am sure that it is part of a cycle and we can see the growth of the bitcoin in the following months.

this month I think it's hard to see bitcoin recovering. certainly takes a long time after dropping away. of course patience determines our success, so keep psychological so as not to panic

[rafi035]

Current situation is not for cryptocurrency from 2018 starting itself there is no significant growth in bitcoin. Again and again the price is falling and it makes bitcoin holders panic.

why should you panic isn't it before starting an investment investors understand all the risks that will be obtained in investing with a price crypto currency that no one can determine

[Juse14]

90-95% Trader always buy at the top price. this statment from the survey, i dont know why all people buying at the high price. And they always refuse buying like this condition. The situation of crypto right now we on Despresion level.

[shulc7]

The market is still down, the value of most of cryptocurrencies became low because of high supply and low demand. The market crashes because there are many investors who withdraw their money that causes low support.

I feel that everything will change soon. As soon as the cryptocurrencies are down and very cheap, the market has started already greeting new investors. Suppose, it will affect the crypto prices positively.