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Author Topic: Tulips or reborn?  (Read 689 times)
XIE-XIE
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November 28, 2018, 12:36:10 PM
 #61

I know that this may sound unpopular, but I feel that the current downtrend is not going to end soon. During last year, many vicissitudes impacted badly on liquidity and volumes and I think that the fraudulent ICOs are one of the main responsible of this crack. Being more active with trading is the only thing I am relying on to improve my portfolio, but it requires a lot of discipline and courage. What's your current strategy, guys?

Yes, there are a number of strategies that I do
1. Long-term investment by buying coin coins that I believe will be expensive in 1 or 2 years.
2. I trade by taking profits quickly, meaning we only invest in seconds, minutes, hours or daily.

Bonheur
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November 28, 2018, 12:39:30 PM
 #62

Amazon share crashed from 90 dollars to 6 dollars in the dotcom bubble.But people who invested at that moment got very rich right now.
Find something you believe will be work hundreds of the current price and buy some and wait.That is always a strategy.
Also a long shot but unless you don't buy them by selling your house, you should be good.
DKREBEL86 (OP)
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November 28, 2018, 12:58:40 PM
 #63

Amazon share crashed from 90 dollars to 6 dollars in the dotcom bubble.But people who invested at that moment got very rich right now.
Find something you believe will be work hundreds of the current price and buy some and wait.That is always a strategy.
Also a long shot but unless you don't buy them by selling your house, you should be good.

Yes, true. But many other .com companies failed.
xiaoY
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November 29, 2018, 08:25:49 AM
 #64

You are too pessimistic, bitcoin must not be a tulip event, and bitcoin is not dead. A sharp depreciation is only an inevitable phenomenon in the growth process. Otherwise, why does it take off, and only a large devaluation will lead to takeoff.

DKREBEL86 (OP)
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November 29, 2018, 08:28:35 AM
 #65

You are too pessimistic, bitcoin must not be a tulip event, and bitcoin is not dead. A sharp depreciation is only an inevitable phenomenon in the growth process. Otherwise, why does it take off, and only a large devaluation will lead to takeoff.

I’m not pessimistic, you don’t read properly. I said that I think that the downtrend is not ending soon. Then I asked for your thought, which I realised is a religious alike thought.

Patrix_1
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November 29, 2018, 08:34:55 AM
 #66

I also think that the red times are not going to end before the end of this year. It is very interesting how the market can manipulate the investors minds. Few days ago, everybody said, it is the end and if you look at BTT now, every second topic speaks for the "new beginning of crypto".
WalkerIVIV
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November 29, 2018, 08:53:41 AM
 #67

You are too pessimistic, bitcoin must not be a tulip event, and bitcoin is not dead. A sharp depreciation is only an inevitable phenomenon in the growth process. Otherwise, why does it take off, and only a large devaluation will lead to takeoff.

I’m not pessimistic, you don’t read properly. I said that I think that the downtrend is not ending soon. Then I asked for your thought, which I realised is a religious alike thought.


There was a possibility for crypto to get a little correction but i guess we have entered the reversal trend which means we will not see any big bearish market again in the future though so many people are still putting their face on crypto. It looks so difficult to predict and some people said bitcoin will go even lower than 3k

niublity
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November 29, 2018, 08:56:09 AM
 #68

This issue has been debated for many years, bitcoin and tulip must have nothing to do with, but because the cryptocurrency market is very volatile, usually bankrupt investors think that bitcoin is a tulip. In the cryptocurrency market, if someone makes money, someone must lose money.

BitcoinPanther
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November 29, 2018, 08:57:08 AM
 #69

It seems to me that scam projects have hardly affected the price of BTC / Rather, it is connected with market manipulations. They began last year and will now reach the level where these manipulations with the BTC price began.


I do agree. Let’s look at the price before August 2017 and see if that’s going to be the threshold. if that happens Ethereum is at a dead end.

SCAM or not all coins are getting lost. We all lost right now. Everyone had a 3K rumor. And it happened. It is certain that there will be a wide-scale cleaning on the market.

Weeding out is a good way of removing incompetent tokens/coins.  This way, cryptocurrency will have a better reputation.  I am glad that government have acknowledge cryptocurrency and started their regulation in them.  It is better to be taxed and be secured of our investment than having no tax and be a victim of scams.  I do not think cryptocurrency will be reborn or like tulips since cryptocurrency had not died.  It is just in the process of cleaning its system of fraudulent stuff.
DKREBEL86 (OP)
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November 29, 2018, 08:59:13 AM
 #70

It seems to me that scam projects have hardly affected the price of BTC / Rather, it is connected with market manipulations. They began last year and will now reach the level where these manipulations with the BTC price began.


I do agree. Let’s look at the price before August 2017 and see if that’s going to be the threshold. if that happens Ethereum is at a dead end.

SCAM or not all coins are getting lost. We all lost right now. Everyone had a 3K rumor. And it happened. It is certain that there will be a wide-scale cleaning on the market.

Weeding out is a good way of removing incompetent tokens/coins.  This way, cryptocurrency will have a better reputation.  I am glad that government have acknowledge cryptocurrency and started their regulation in them.  It is better to be taxed and be secured of our investment than having no tax and be a victim of scams.  I do not think cryptocurrency will be reborn or like tulips since cryptocurrency had not died.  It is just in the process of cleaning its system of fraudulent stuff.

We need more people like you, man!
el kaka22
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November 30, 2018, 03:35:17 PM
 #71

There are some "tulips" between the altcoin system, the type of coins that the owners of it already gave up on working for it.
I have been part of couple of ICO and new coins right after ICO term and I have seen how they have been run and most of them are having trouble finding funding because they got ICO's during 1500 thousand dollar per ETH price but now it worth less than 10% of that.

Hence, they are running out of funds very quickly and started to leave the project all together. Those are the tulips. However, stuff like ETH and NEO and Dash etc etc all have a big potential to be reborn after this and can definitely work towards getting to their ATH prices one day. Not right away and not anytime soon I can tell you that for sure but they will beat it eventually.

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DKREBEL86 (OP)
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November 30, 2018, 08:16:59 PM
 #72

There are some "tulips" between the altcoin system, the type of coins that the owners of it already gave up on working for it.
I have been part of couple of ICO and new coins right after ICO term and I have seen how they have been run and most of them are having trouble finding funding because they got ICO's during 1500 thousand dollar per ETH price but now it worth less than 10% of that.

Hence, they are running out of funds very quickly and started to leave the project all together. Those are the tulips. However, stuff like ETH and NEO and Dash etc etc all have a big potential to be reborn after this and can definitely work towards getting to their ATH prices one day. Not right away and not anytime soon I can tell you that for sure but they will beat it eventually.

I might agree on this. Ethereum is now depending on Constantinople. If the fork goes well, ETH might recover very well.
Sondale
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November 30, 2018, 08:18:30 PM
 #73

I know that this may sound unpopular, but I feel that the current downtrend is not going to end soon. During last year, many vicissitudes impacted badly on liquidity and volumes and I think that the fraudulent ICOs are one of the main responsible of this crack. Being more active with trading is the only thing I am relying on to improve my portfolio, but it requires a lot of discipline and courage. What's your current strategy, guys?
i think taht when tjing lile taht is going on the best solution is to sit it quietly amd wait untill the better days to come
Sondale
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November 30, 2018, 08:19:49 PM
 #74

There are some "tulips" between the altcoin system, the type of coins that the owners of it already gave up on working for it.
I have been part of couple of ICO and new coins right after ICO term and I have seen how they have been run and most of them are having trouble finding funding because they got ICO's during 1500 thousand dollar per ETH price but now it worth less than 10% of that.

Hence, they are running out of funds very quickly and started to leave the project all together. Those are the tulips. However, stuff like ETH and NEO and Dash etc etc all have a big potential to be reborn after this and can definitely work towards getting to their ATH prices one day. Not right away and not anytime soon I can tell you that for sure but they will beat it eventually.

I might agree on this. Ethereum is now depending on Constantinople. If the fork goes well, ETH might recover very well.
i think that ypu will be able to eait until the better days of you will not temptTate to panic selling and save what you have
abojamal
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November 30, 2018, 08:28:29 PM
 #75

I know that this may sound unpopular, but I feel that the current downtrend is not going to end soon. During last year, many vicissitudes impacted badly on liquidity and volumes and I think that the fraudulent ICOs are one of the main responsible of this crack. Being more active with trading is the only thing I am relying on to improve my portfolio, but it requires a lot of discipline and courage. What's your current strategy, guys?

I share your opinion
We are in a stage of changing market structure
The best for the market to be controlled by believers in crypto not
Who wants quick gain only.

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