arpon11 (OP)
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October 19, 2018, 02:53:37 PM |
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I discovered that there are two schools of thought about were bitcoin is heading to and if you go through the speculatives sections of both bitcoin and altcoins, you will agree with me that some people are saying that the bearish market will continue are others are saying any breakout from now will set the market on a bull run. I don't know the side you belong to as the uncertainty is very high. I will like us as traders to discuss this and learn from each other views here. Thanks
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1Referee
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October 19, 2018, 03:13:48 PM |
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I'm on the side of hodl and accumulate as many coins as possible on the way down. We won't hover around current levels for ever, so the best thing to do is to have fiat ready to be put into action. People will only realize how much of an opportunity this bear market is when we break through the $10,000 level again, and that's the moment threads will pop up asking whether or not it's still a good time to buy.
It has always been like that; we're repeating the same cycles over and over again, and if people by now still haven't got a clue, they should ask themselves what they are doing here.
Another well known cycle is how the price increases far before block halvings kick in, which means that we can expect a serious form of growth next year. Once the market goes back up the sentiment will improve as well, which means that money will slowly flow back into crypto. 2019 is the last ever year people will be able to buy at sub $10,000 levels.
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ShadowBits
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October 19, 2018, 04:20:01 PM |
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I discovered that there are two schools of thought about were bitcoin is heading to and if you go through the speculatives sections of both bitcoin and altcoins, you will agree with me that some people are saying that the bearish market will continue are others are saying any breakout from now will set the market on a bull run. I don't know the side you belong to as the uncertainty is very high. I will like us as traders to discuss this and learn from each other views here. Thanks
base on the charts and if Bitcoin will follow it then it would likely go on a breakout. But foremost, Bitcoin is different and we may see something new again.
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blackhawkeye1912
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October 19, 2018, 04:49:12 PM |
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If you gonna think of the significance of the blockchain technology in today's high tech world, there are more reasons to be bullish that bearish. Cryptocurrency is a long-term investment since it is just a decade old only. A lot is still need to be adjusted, upgraded, and improved.
The recent sharp increase is a good sign of bullish market. If not this year, early next year might be the bull run.
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Zadicar
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October 19, 2018, 05:03:02 PM |
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I discovered that there are two schools of thought about were bitcoin is heading to and if you go through the speculatives sections of both bitcoin and altcoins, you will agree with me that some people are saying that the bearish market will continue are others are saying any breakout from now will set the market on a bull run. I don't know the side you belong to as the uncertainty is very high. I will like us as traders to discuss this and learn from each other views here. Thanks
Im on the Neutral side which i dont really become too optimistic and not too really negative on how cryptomarket price behaves.After all the years ive been watching and observing the market i do still failed out to make predictions on my own and even those expert or analyst theres no such thing about precise or accurate speculations.Just let it be for those people who do keep or do talk on where would the price would go the important stuff is if you can still make money on the movements then you are still fine.
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rosezionjohn
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October 19, 2018, 05:31:15 PM |
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I am on the "bull run" since I have been holding for months now, so I am a little bit bias here ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But seriously, I really do not know which one will prevail. Maybe a small market recovery towards the end of the year and not a bull run.
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Matthewmorris4
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October 19, 2018, 05:39:36 PM |
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I discovered that there are two schools of thought about were bitcoin is heading to and if you go through the speculatives sections of both bitcoin and altcoins, you will agree with me that some people are saying that the bearish market will continue are others are saying any breakout from now will set the market on a bull run. I don't know the side you belong to as the uncertainty is very high. I will like us as traders to discuss this and learn from each other views here. Thanks
until the end of 2018, I just felt that this year was the worst for cryptocurrency, the attempt to bullrun several times had failed, there was always negative news about things that were actually uncertain. on Q2-Q3 I'm still sure, but at the end of September, the confidence for this year's bull run is likely to fail miserably
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bravehearth0319
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October 19, 2018, 05:42:00 PM |
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I'll go with bullish market this year, and then huge bull run early next year. Though there are no big movements after the last sharp rise last week, still good news because of the stability of the prices. I think more investors now are very positive about tge market especially that November last year was great hoping that it will be repeated this year.
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bitbunnny
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October 19, 2018, 05:46:51 PM |
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I'm not taking any of these sides, I'm kind of holding neutral position. Of course I'm taking both options into consideration but at the moment it looks like market might continue with bearish profile without any significant change. And I wish to see some bull run too but I'm aware there are not many chances to see that soon. To my opinion we have to be patient and wait for the next year when market might change significantly.
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harizen
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October 19, 2018, 05:50:43 PM |
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I discovered that there are two schools of thought about were bitcoin is heading to and if you go through the speculatives sections of both bitcoin and altcoins, you will agree with me that some people are saying that the bearish market will continue are others are saying any breakout from now will set the market on a bull run. I don't know the side you belong to as the uncertainty is very high. I will like us as traders to discuss this and learn from each other views here. Thanks
Traders have different perspectives so the "side" you are talking will depend on how they are handling their trades. For example, a long term holder, obviously they are on the side of bull run. Another example is, day/short term trader, they are bound to preferred a pump and dump scene for a short period of time. Another one is, accumulator wherein they want to have a continous bearish for quiet some time for them to accumulate more coins. I don't see any reason why this should be important. Just follow your thoughts based on your own analyzation.
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dothebeats
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October 19, 2018, 06:44:50 PM |
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I only follow whatever gives me the better opportunity to accumulate and profit over time. I don't mind being bearish or bullish as long as I'm netting some gains on my portfolio. If you are to follow only one side of the coin, you'll eventually end up losing money, unless you have deep pockets and can bear the losses no matter the weather. The market is full of dynamism and crazy volatility that it's difficult to stay bullish since the market changes super fast.
One thing though, I never have chased any ATH/bull runs since 2014; it just so happened that I was invested by a ton during 2015-2016 and have decided to hold for another year. When the price went over the roof ($19000), that is when I turned bearish, and I am right since the price went to $10k just before the calendar changes, and has been in the low $6k ever since.
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usekevin
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October 19, 2018, 07:24:29 PM |
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I discovered that there are two schools of thought about were bitcoin is heading to and if you go through the speculatives sections of both bitcoin and altcoins, you will agree with me that some people are saying that the bearish market will continue are others are saying any breakout from now will set the market on a bull run. I don't know the side you belong to as the uncertainty is very high. I will like us as traders to discuss this and learn from each other views here. Thanks
Many types of people in this trading battle.Some may just hold their huge bitcoin for the right time .Some may keeps on buying at all the dump for their future. Some category people will do day trading.Use to do trading in short period.Buying and selling bitcoin at each pump and dump.But the last one is risky .You have to update daily to get profit in short term.
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bozo333
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October 19, 2018, 07:43:32 PM |
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Trading is a one kind of gambling but not for battle in anymore because all the investors are supporting to both Bitcoin and altcoin investment so we only survive in all the area. Some peoples are blame the bearish market so I don't care about these things in this forum.
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jhongzjhong
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October 19, 2018, 07:51:10 PM |
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I personally not like on trading and I don't know which side is much better, for me, I must prefer on a long time holding I know that someday I have a profit comes from my portfolio. A ton of traders now had lost in trading that's the reason why, I, discourage my self in trading then let's proceed into an investments others.
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Hamphser
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October 19, 2018, 07:53:29 PM |
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No matter what market condition we do have I don't look up if its bearish or bullish and same as said above as long you can make money then you are on the good side.If you do chase up too much and hold up then It definitely result into much on a stressing situation unless if you do have the money to patch up and diversify then it would be an advantage but if you don't have then it would really be hard.
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Karlinz
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October 19, 2018, 09:08:07 PM |
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The crypto is market is full of uncertainty, however certain speculations most times come true, crypto having dropped so huge and being heavily oversold, it is expected that any moment from now should be expected of a rise but how soon is not known, personally I am of the school of thought that the bear market will soon be over if almost not over as btc has shown a strong support around $6000 and may likely reverse from here in due time
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Slow death
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October 19, 2018, 09:34:23 PM |
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others are saying any breakout from now will set the market on a bull run. Some people are clinging to the word "bull run". But this bull run is very dependent on the results of November 5, and if on November 5 the SEC reject the ETFs we will see a market full of blood, and the bitcoin price may fall below $ 6200. I am of the opinion that we should keep calm and not have high expectations and forget bull run. Let's focus on adoption. I only follow whatever gives me the better opportunity to accumulate and profit over time. I think I do the same thing once I buy and Hold. Cryptocurrency is a long-term investment... But when you buy and the price falls a lot, people are desperate, imagine who bought it when the price was $ 20,000, these people have reasons not to believe in words like "hold and long-term investment"
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cryptoblazter
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October 19, 2018, 10:12:48 PM |
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I choose bullish market but still on the recovery period and stabilizing part as of now. Remember that the market was downhill for 9 consecutive months without any break. How could we expect it to recover so soon. Let's give time to build strength. I'm positive about the market because of the feeling and hopes of the investors that this year may be the same as last year. Why not.
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vit05
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October 19, 2018, 10:38:13 PM |
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There is no possibility of the bearish market continuing any longer. What can happen is that many people may give up waiting and selling, this would push the price to lower levels than those before the split. I find this very unlikely, but it is a possibility. And to that, I would call The Great Bitcoin Crisis.
Continuing in this price range of 6k is impossible in my concept. Most would look for other opportunities with a higher ROI.
Now, what I really believe is that we are about to see the real potential of all the infrastructure being created in the last few months. Several large companies and traditional financial market funds already have at least one person focused exclusively on cryptocurrencies. Many have entire departments. Companies offering portfolios, custody services, exchanges. They are receiving millions of dollars for their structures. In my country, an exchange that belongs to the second largest bank in the country and one of the 20 largest in the world has just been launched.
Traditional media such as Bloomberg, WST, New York Times, CNN have sections unique to cryptocurrencies. Every day university courses are launched at the world's leading universities.
And all this is happening without anyone having the least idea of the correct price of Bitcoin. And how it should be calculated. It is no absurd to imagine that it can reach more than 1 million in 2 years.
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FastSlots
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October 19, 2018, 10:39:21 PM |
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Though I can't see any battle of trade, because everyone is making their own opinion! But If I need to choose one side, Then I will go for trading! Bear market may longer, and it can be ended from the next month! But Trading is always profitable if you can pick the right time. HODL is great but hodl can't make your portfolio bigger at this moment, I am trading to increase my coins, not to sell! So, I am with traders who believe the bear market will end in this year.
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