In this trading battle which side are you?

[hubballi]

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.

[rodskee]

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

[BitcoinHunt3r]

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

[figmentofmyass]

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.

[renemagritte]

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.

[otundebis]

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!

[arpon11]

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.

[bering]

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

[googs84]

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.

[Flangler]

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.   

[DarkBullet]

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.

[Indrawan77]

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

[Ararbermas]

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.  

[Supercrypt]

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.

[o_e_l_e_o]

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.

[agatha90]

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.

[carlisle1]

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

[izanagi narukami]

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 !

[ajaymukund]

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?

[Thanasis]

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.