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Author Topic: Is it the bottom of the market? Time to buy coins?  (Read 1211 times)
cha1ner (OP)
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November 16, 2018, 11:41:11 AM
 #1

The prices went even lower than the last years' dip right before the bull market. However, the BCH hard fork with its Hash Wars doesn't seem to bring any clarity or stability to the market.

So the question is following: would the market still go down or not much more and it would make sense to start shopping?
mahilchii
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November 16, 2018, 11:52:36 AM
 #2

Ofcourse yes, crypto is at the bottom line of the year so this is a great opportunity to invest in crypto coins now and your intention should be for long-term if you want live like a millionaire. Guys make use of this development as this is a new generation.

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November 16, 2018, 11:57:43 AM
 #3

While we are dealing with such a young market as the cryptocurrency market, it's impossible to predict the bottom now or not.  The market is the subject for manipulations and technical analysis doesn't work here as well as in the Forex market, so my strategy is  - to buy small parts at different levels and hope that the price will not fall below.

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November 16, 2018, 12:01:09 PM
 #4

Do not rush to buy coins, because the fall may continue. I think we are waiting for a bitcoin correction to 3500 and in December 2018 the market will start to grow.

In 2019 will be the year of cryptocurrency growth

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November 16, 2018, 12:03:59 PM
 #5

I don’t think anyone will know whether it is the bottom of the market. But I do think it is a great opportunity to shop for some coins. After the BCH saga, I feel that the crypto market will recover slightly but I might be right or wrong.
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November 16, 2018, 12:05:58 PM
 #6

Do not rush to buy coins, because the fall may continue. I think we are waiting for a bitcoin correction to 3500 and in December 2018 the market will start to grow.

In 2019 will be the year of cryptocurrency growth
I do not think so, Bitcoin will not fall below $ 5000 because this downward trend is only short, so the probability you say it down to $ 3500 is not possible. This is a good time for those who want to buy.

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November 16, 2018, 12:07:18 PM
 #7

As per my view big instituation are trying to pull down market in order to create pump.
May be its bottom or you may see more pull down in price

Demirung
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November 16, 2018, 12:08:47 PM
 #8

going to wait a bit more. i have accumulated a bit right now. if market will go lower, I will but more. If it go higher a will sell a bit again..
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November 16, 2018, 12:09:15 PM
 #9

it makes a sense as long as you can hold it for a while, cryptocurrency's logic is you will not lose anything if you do not sell it cheaper from where you bought it before.
if we are talking about peoples speculation about Bitcoin and other alts right now, they are expecting another down in a few days or weeks before the end of the year.
usually when it comes to holiday, the price always gets dumped. just like before, but let's hope that we will not see any of this again in the future because the chart will look so terribly ugly from this point if this down happens again.

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November 16, 2018, 12:13:20 PM
 #10

The prices went even lower than the last years' dip right before the bull market. However, the BCH hard fork with its Hash Wars doesn't seem to bring any clarity or stability to the market.

So the question is following: would the market still go down or not much more and it would make sense to start shopping?

Likely to e so buy more coins if you are willing to risk your money then go and buy some cryptos at the cheaper price of this year but we are not sure when the prices will recover so it is best time for buy when you are long time investor or just waut and see how the market goes before investing your money.

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xenomorphe1
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November 16, 2018, 12:13:52 PM
 #11

I don't know if it is the real bottom. At $6000, we thought that it was the bottom. But it can also be the bottom. Nobody really know.
And manipulators maybe also don't know the consequence of their actions. But some altcoins have a chance to disappear if there is no more trading. As they can get excluded from exchanges.
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November 16, 2018, 12:16:40 PM
 #12

Well im confused myself but someone shared the market cycle psychology chart yesterday according to which this could be the final dip before the bull run, so we never know what will happen next in the market.

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November 16, 2018, 12:17:24 PM
 #13

the whole crypto market is down so i think its good time to invest in bitcoin and some potential altcoins for long-term,it will give you great profit after market recovery of market
MelodyCrypto
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November 16, 2018, 12:18:00 PM
 #14

I don't think so, if you look at the bitcoin chart it looks downward even though the price is up it's only small reflection and then goes down again, it seems the whales are waiting for a decision on the results of Bitcoin Cash hard fork before determining the direction of the next trend
sh4dtechnr
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November 16, 2018, 12:31:59 PM
 #15

Now it is impossible to say with certainty that this is the bottom. A further fall in prices may occur, and maybe the price will continue to fluctuate in this area for a very long time, and then a gradual increase will begin. I think there is nowhere to hurry now, but it is worth buying gradually, because you never know when growth will begin and prices is very cheap now.
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November 16, 2018, 12:44:58 PM
 #16

the whole crypto market is down so i think its good time to invest in bitcoin and some potential altcoins for long-term,it will give you great profit after market recovery of market
I think it is not yet time to invest, we need to look at the market better and as soon as we are sure that the market will start to grow, to buy coins.

JimmyNg90
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November 16, 2018, 01:01:23 PM
 #17

Do not rush to buy coins, because the fall may continue. I think we are waiting for a bitcoin correction to 3500 and in December 2018 the market will start to grow.

In 2019 will be the year of cryptocurrency growth
I do not think so, Bitcoin will not fall below $ 5000 because this downward trend is only short, so the probability you say it down to $ 3500 is not possible. This is a good time for those who want to buy.

I agree with you. As far as the pro-trader analyzes, the lowest price will be around $ 4900.

So in my opinion, if prices fall below $ 4,500 then the market will probably unstable, even collapse maybe.

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November 16, 2018, 01:07:38 PM
 #18

I hope so, however, I have heard so many people even expert say that exact same thing, "This is the bottom, time to invest more" since three or four months ago. I agree to keep our head up, and never stop believing in crypto. But we also have to stop living in utopia, at some stage we need to accept that now is the realistic price for Bitcoin and another crypto. The main purpose for Bitcoin and crypto is to replace fiat money right, so if the price is quite stable, it is not all bad, isn't it?

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November 16, 2018, 01:11:40 PM
 #19

for me, now is the right time I can buy altcoins, because now the price is still cheap, so I think this is a better opportunity that I can maintain for a while by selling higher prices.
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November 16, 2018, 01:15:01 PM
 #20

Even though we think we know everything and can predict anything just bacause we are old on this investmet system, we we still dont know when would be the market will go to the  moon and what will happen after. The price is really devastating and the time of recovery is so slow that people wanted to withdraw their coins now even at a loss.

We can say its good to buy cheap coins now, but its possible to see the market goes deeper. By this, I hope everyone will not panic, and just keep on buying just like the old times. The market will still recover, let’s all be united to keep on supporting cryptocurrency.
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