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Author Topic: In this trading battle which side are you?  (Read 618 times)
arpon11 (OP)
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October 19, 2018, 02:53:37 PM
 #1

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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October 19, 2018, 03:13:48 PM
 #2

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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October 19, 2018, 04:20:01 PM
 #3

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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October 19, 2018, 04:49:12 PM
 #4

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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October 19, 2018, 05:03:02 PM
 #5

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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October 19, 2018, 05:31:15 PM
 #6

I am on the "bull run" since I have been holding for months now, so I am a little bit bias here  Grin
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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October 19, 2018, 05:39:36 PM
 #7

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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October 19, 2018, 05:42:00 PM
 #8

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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October 19, 2018, 05:46:51 PM
 #9

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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October 19, 2018, 05:50:43 PM
 #10

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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October 19, 2018, 06:44:50 PM
 #11

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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October 19, 2018, 07:24:29 PM
 #12

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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October 19, 2018, 07:43:32 PM
 #13

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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October 19, 2018, 07:51:10 PM
 #14

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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October 19, 2018, 07:53:29 PM
 #15

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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October 19, 2018, 09:08:07 PM
 #16

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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October 19, 2018, 09:34:23 PM
 #17

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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October 19, 2018, 10:12:48 PM
 #18

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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October 19, 2018, 10:38:13 PM
 #19

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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October 19, 2018, 10:39:21 PM
 #20

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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October 19, 2018, 10:52:07 PM
 #21

If you are in Trading then you have to see the trend and trade. Right now short term trading is going on as long term traders are still not bullish. So short term trade is profitable and increase the volume of investment you have by this way.

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October 19, 2018, 10:58:55 PM
 #22

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


I hold some cheap coins i expect if the bearish market will end i hope coins i hold give better profits
I am not expecting fast bull run right away but i am side from the positive speculative
I agree nobody when the bull run can goes on but i strongly believe patience is the challenge to got earn

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October 19, 2018, 11:05:51 PM
 #23

i will on side that believe bull run will come, who else don't want that thing to be happen ?  Grin this is because bear market already took a long time and it is time for people to take their profit.

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October 19, 2018, 11:09:15 PM
 #24

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

i'm still on the fence. we haven't officially left the sideways range we've been trading in for months. we spiked through the top of the range 4 days ago, but on the weekly chart, it only shows as a wick. since there's been no technical breakout yet, we should assume that a breakout in either direction is still totally possible.

i do feel like shorts are quite high and sentiment has been bearish for a while. price usually goes towards the direction of "maximum pain"---i believe that direction is up.

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October 19, 2018, 11:13:42 PM
 #25

I'm waiting a breakout, but it will take some time. I guess we will see 9k levels at the end of this year, then with the halving and/or etf news there will be another great bullrun in late 2019 or 2020. We still need some time.
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October 20, 2018, 01:50:38 AM
 #26

As you rightly put it,  uncertainty is very high in cryptocurrency market!  I will like to pitch my tent with those who believe that the bear market will persist. The psychology of trader is such that when there is selling pressure,  they tend to follow the trend and sell even more to get out at all cost and this will further drive down the prices of coin in the cryptocurrency market!

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October 20, 2018, 06:54:35 AM
 #27

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.
I agree with you and the bull run will commence by first quarter of next year. I believe that the current stability is also a sign that the bulls are ready to push the price forward. If the current level is sustain before the next positive news then we should expect a breakout that will set bullish trend. I could not see bitcoin going down at this moment except somethings very bad happened.
I'm waiting a breakout, but it will take some time. I guess we will see 9k levels at the end of this year, then with the halving and/or etf news there will be another great bullrun in late 2019 or 2020. We still need some time.
That is a nice opinion you have shared and I totally agree with you that the bullrun will be between 2019 and 2020. Since they could not bring bitcoin and cryptocurrencies down this year I strongly believe that governments and institutions investors are going to invest in cryptocurrencies very soon.
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October 20, 2018, 09:05:04 AM
 #28

Both of side will have strong reasons to strengthen their opinion and they will claiming their predictions correct each other but me personally from now on i'm in the hold part because i'm so curious about next year that could the price bounce back or upcoming situations will worst than now but hold long term always have benefit from that

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October 20, 2018, 09:14:55 AM
 #29

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

For me crypto currencies are being opportunities of new world but people are making it look like worst world. They always think that crypto currencies should be going upwards only. But that is misconception about it as bitcoin and altcoins are nothing but the markets that are responsive to surrounding environment. They will adapt, change, and will act in terms of their value according to that only.
I am always trusting the crypto currencies in terms of profits and nothing else. I know bears and bulls will always be there but we cant do anything about it as its very nature of crypto. Just go with it, and keep up the changing strategies all the time.

 
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October 20, 2018, 09:23:14 AM
 #30

I would say both. News are the key, like for example airdrops. People are buying and price is going up to the end of airdrop, when airdrop is end price is going drastically down. There are no traders who support only bears or bulls.   
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October 20, 2018, 09:41:24 AM
 #31

I will divide my opinion on how the market will go. I am placing 65% of my bets to the bears where it might continue until december. Why? We already entered the BER months but still, there is no sign of continous upward movement. My 35% goes to thr bulls and a break out from $8000 will be a sign of bullish movement.
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October 20, 2018, 10:56:56 AM
 #32

Well I got a good reason to say that the bear is going to continue, a lot of great and positive news, add with some green movement still unable to make bitcoin through the resistance level, infact after going up the dropping is so quick and some even touching the support area, so I think the bear is still going to hang around for longer time, we need some big news and breakthrough to make bitcoin out from bear market
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October 20, 2018, 11:19:40 AM
 #33

For me i prefer to choose holder side that keep believing the bull run will exist again soon. because there's no other choices and solutions to recover my losses, and indeed patience is a virtue,  so much better to always think positive and avoid being greedy , which just keep holding  until the market stabilize to regain losses.  
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October 21, 2018, 05:31:02 PM
 #34

I am on a third part that calls bitcoin a stagnant think 95% of the time which in reality it is. Sometimes bitcoin goes from 3k to 20k, sometimes bitcoin goes from $20k to $6k but most other times bitcoin is something that stays at around the same price hovering near it and never really neither break out or go down. If you check the historical prices the days bitcoin did 10%+ swings are far less than the days it did 15 changes or even less.

It is a currency that barely ever changes 360 days of the year and than either go low or high really a lot and than people think they are in a swinging market. Same goes for people who believe we are in a bear market, that mindset is still with them even after we went from 20k to 6k and than stayed there for the past 5 months, just because we are at 6k doesn't mean we are in a bear market, we are in a stagnant market, we WERE in a bear market. So I believe bitcoin is a stagnant stable currency, neither going up or going down most of the time.
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October 22, 2018, 10:52:37 AM
 #35

I agree with you and the bull run will commence by first quarter of next year. I believe that the current stability is also a sign that the bulls are ready to push the price forward. If the current level is sustain before the next positive news then we should expect a breakout that will set bullish trend.

I don't think so. We've had lots of bullish news over the past few months with no effect on the price. The most recent news is that Fidelity, the world's 4th largest asset management firm with over $7 trillion in assets under management, are launching a cryptocurrency branch. This is big, big news, and the market reacted by doing absolutely nothing.

Good news currently has minimal, if any, effect on price. We are in a market that has been stagnant around $6,500 for several months now, and I would expect this sideways trend to continue for several more months yet.
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October 22, 2018, 02:43:38 PM
 #36

My thinking that bitcoin and altcoin for 1 year have not reached a stable point, because after reaching the highest point in 2017, the government is not very similar that bitcoin is a digital currency in this world.
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October 22, 2018, 03:12:17 PM
 #37

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.
I second emotion what 1Referee says about Hodling because for me this is the safest way to save our investments and have a big chance of profiteering sooner.because for me cutting losses is not an option if you really believe this community and if you trust your cryptocurrency
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October 22, 2018, 03:44:30 PM
 #38

I'm an investor and it should be done in that way because if you do day trading on crypto, you will experience major stress just like my friend , losses about $ 5000 and got depressed !
I have proven myself about crypto especially bitcoin that I can made about more than 1000% profit in 4 years just by Holding !

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October 22, 2018, 04:35:17 PM
 #39

I also think like the majority. Because the market has been stable for so long and I do not believe that the Crypto market is so. I think they are giving other strategies to make many traders worry. But I still hold my own, long-term investment and I believe that the end of October will be a strong blow. Bitcoin will increase to 8k $. so how do you think about my opinion?

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October 22, 2018, 04:59:37 PM
 #40

For the day traders the bear or bull run may not be much important as long as they are using the volatility of the coins in their way to make profits.I think the prices will stay at this level in the future too or it will go bulling after the stable market and no chance for bear run if that happens then it will affect the whole mining system and crypto transactions.

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October 22, 2018, 05:32:43 PM
 #41

For the day traders the bear or bull run may not be much important as long as they are using the volatility of the coins in their way to make profits.I think the prices will stay at this level in the future too or it will go bulling after the stable market and no chance for bear run if that happens then it will affect the whole mining system and crypto transactions.
They are taking advantage of current movements, both side can produce profits if you are well knowledgeable in terms of coins movements, you can buy those coins which in status of dip wait for some time till the coins will start to bounce a little, in this type of venue experience can be a big factors reaching a goal to gain profits, enough understanding can bring you on side that you think is best for your type of a trader.
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October 25, 2018, 05:21:22 PM
 #42

I want both sides to moon please
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October 25, 2018, 06:51:52 PM
 #43

I want both sides to moon please


I think trading requires all of the kinds that equally had a person that they will be the right person to be trade any kind of cryptocurrency otherwise you cannot make the stable profit in your business this is my little opinion.

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November 02, 2018, 02:47:18 PM
 #44

while the market is unstable, I replenish my portfolio with different coins. I am for the hold and short-term trading-the best at this time. I think that by 2019 we will gradually begin to rise up.
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November 02, 2018, 02:55:12 PM
 #45



ln the big picture most of us wants the bullrun to come but there are some of us who wants the market to stay as is until they can accumulate more for profit when bullrun comes. The rest of those who owns altcoins are hoping to see btc breakouts  for profit, who wouldn't want that? Until there are people  still selling at such low price, it won't break.

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November 02, 2018, 04:12:25 PM
 #46

bull run
I really hope for next year's bull run However I am worried that the number of altcoins on offer will have an impact on the bitcoin market itself so that prices will decrease or even bull run
 Undecided

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November 07, 2018, 06:03:45 AM
 #47

I will be on hodler side. Because hodler always wins, though we are passing bad days, holders will get their real value of holding. But, I Think Bearish market will continue! No one knows about it but everyone has the right to make an opinion.

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November 07, 2018, 09:01:36 AM
 #48

I amazed of the opinion that the end of the year may witness all little rally and we may be seeing bitcoin go higher than the value it has maintained since July but we will not be seeing another all time high this year. A lot of altcoins are equally at a very comfortable low that price may not dump huge further and all showing signs or rally

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November 08, 2018, 06:36:43 AM
 #49

I will be on hodler side. Because hodler always wins, though we are passing bad days, holders will get their real value of holding. But, I Think Bearish market will continue! No one knows about it but everyone has the right to make an opinion.
Personally for me right now, I am more bullish than ever. Of course, we cannot predict what the market will hold or bring in the future, but one thing is that there is a great future and in most cases, when a market is tapped out, this is when I accumulate and drift towards the bull side. Bulls will always keep accumulating in a bear trend and distributing in a bullish trend, and this is what I have been doing and will be doing obviously.
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November 09, 2018, 07:54:36 AM
 #50

I will be on hodler side. Because hodler always wins, though we are passing bad days, holders will get their real value of holding. But, I Think Bearish market will continue! No one knows about it but everyone has the right to make an opinion.
Lol. Easiest way out uhn? In this case, you are not worried whether the bulls are winning or the bears are winning, you are just focused on the future and knowing that no matter what you are just covered. However, for now, I am actually drifting towards the bull side, looking at the way the trend of the market has been lately and how we are beginning to see some possible push upward with the bears tapped out in a way. Even if bearish market will continue, I will not be looking at this year, but however things will turn out, time will most definitely tell. For now, we just have to be patiently waiting to see how events will unfold.

I amazed of the opinion that the end of the year may witness all little rally and we may be seeing bitcoin go higher than the value it has maintained since July but we will not be seeing another all time high this year. A lot of altcoins are equally at a very comfortable low that price may not dump huge further and all showing signs or rally
Well, that is one sentiment that has not ceased to leave the market at the moment now, so there is still a possibility we might get to see that or not. It is a market, nothing is unpredictable and in as much as we can be optimistic at times, it still does not mean that what will happen, will surely happen. I am actually a bit optimistic at this moment, and I certainly will not be going bearish when the market has been bearish already. At this point, it is time to go bullish and even if the market goes lower, I will still keep going bullish whichever way as I keep accumulating.
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November 09, 2018, 08:09:27 AM
 #51



ln the big picture most of us wants the bullrun to come but there are some of us who wants the market to stay as is until they can accumulate more for profit when bullrun comes. The rest of those who owns altcoins are hoping to see btc breakouts  for profit, who wouldn't want that? Until there are people  still selling at such low price, it won't break.
Many people/traders are doing good money in this time of a bearish trend because right now, there's a higher volatility that makes traders more profitable but of course its more risky. Panicking is hard to stop, people are keep on selling even if they lose big money. Hopefully to see a great run in the remaining months of 2018, so we welcome the new year with a great hope.

Traders, is having a hard time to timing the market some are making money but most of them are just losing. If you afford to take the risk, much better but if you are confident about yourself or your trading skills, better to hold and don't monitor the market much of your time.
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November 09, 2018, 08:55:04 AM
 #52

bull run
I really hope for next year's bull run However I am worried that the number of altcoins on offer will have an impact on the bitcoin market itself so that prices will decrease or even bull run
 Undecided
You are right and it seems the next bull run will commence next year.  I think the bull will have the day base on the ways the trend is going.  Bitcoin going down to $3000 is not in sight right now but in this market all things are possible.  I even came across a speculations that bitcoin is heading toward $50,000 before December ! I don't think this is possible as the level bitcoin can go this year should be above $10,000.


ln the big picture most of us wants the bullrun to come but there are some of us who wants the market to stay as is until they can accumulate more for profit when bullrun comes. The rest of those who owns altcoins are hoping to see btc breakouts  for profit, who wouldn't want that? Until there are people  still selling at such low price, it won't break.
Many people/traders are doing good money in this time of a bearish trend because right now, there's a higher volatility that makes traders more profitable but of course its more risky. Panicking is hard to stop, people are keep on selling even if they lose big money. Hopefully to see a great run in the remaining months of 2018, so we welcome the new year with a great hope.

Traders, is having a hard time to timing the market some are making money but most of them are just losing. If you afford to take the risk, much better but if you are confident about yourself or your trading skills, better to hold and don't monitor the market much of your time.
The hard time come to those that cannot forecasts the market very well and the traders that has allowed the loses to run too much.  Remember that in trading you makes money from both side and it depends on the side you  are.  Those that are holding USD against bitcoin are making money and those that keeps holding bitcoin can hold for long until the market recover again.
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November 09, 2018, 10:17:11 AM
 #53

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

As one of the traders in this industry, since that I don't have enough money to invest in other coins has been dumped recently, the things which I am doing so far is I'm in bullish stage, I don't want to risk the coins that I am holding it right now, better to long at least risk is no more place in my situation though market so far was so dry and not good. Its very hard to apply bearish this time honestly speaking because it is very unpredictable and we already spend a hard time for this things actually..
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November 09, 2018, 10:44:29 AM
 #54

I am using bitcoin as my own basis of speculation in that since the second month of this year 2018 that the market turns bearish and bitcoin retraced from about $14K to about where we are now. The bitcoin was able to hold at a support level of $6K and will always bounce off the support level. I am speculation that bitcoin move lies in the bull runs since it has not been able to break below the $6K level. I am expecting bitcoin to rally in a bullish way.                                                           
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