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Author Topic: So much money being made by crypto traders! Can you see that?  (Read 1127 times)
globalcitizen (OP)
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November 26, 2018, 08:37:02 AM
Last edit: November 26, 2018, 09:03:34 AM by globalcitizen
 #1

The current state of the crypto market is definitely not for newbies but for those who have a good understanding of how it works. You don't need an expert tutorial to know that good crypto traders are still making a huge profit from market speculations despite the downward trend in value that bitcoin and various altcoins have witnessed in recent days. CoinmarketCap data today, as shown below, reveals that out of 100 top coins 98 are on green. I think this is reassuring that it is not over yet with the crypto. How far do you think this Green will go?.



source: coinmarketcap.com 2018-11-26-08_14_50
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November 26, 2018, 09:39:05 AM
 #2

very happy to be able to see the greenery that is happening everywhere, it proves that cryptocurrency will return to improve as last year, I'm sure this will last a long time, and it might develop

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November 26, 2018, 09:42:14 AM
 #3

I was reading an exoert analysis earlier today and according to him this bounce will go back down create a double bottom by hitting the previous low levels and then we can expect real recovery or reversal to start from there, so lets stay positive and see how this goes for us this time around.

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November 26, 2018, 09:51:48 AM
 #4

The current state of the crypto market is definitely not for newbies but for those who have a good understanding of how it works. You don't need an expert tutorial to know that good crypto traders are still making a huge profit from market speculations despite the downward trend in value that bitcoin and various altcoins have witnessed in recent days. CoinmarketCap data today, as shown below, reveals that out of 100 top coins 98 are on green. I think this is reassuring that it is not over yet with the crypto. How far do you think this Green will go?.



source: coinmarketcap.com 2018-11-26-08_14_50

The market has only been green for a little time out of a mostly long period of being red. It's still evident that it can be a hugely profitable situation for people making all of the right decisions. And should also be noted that most of the people saying that they made a loss, have not actually lost anything until they sell.

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November 26, 2018, 10:08:07 AM
 #5

The market is showing some signs of greenery and it is actually a good thing, at least to instill some confidence in the market. But a part of me still feels like we're not out of the woods just yet. Many analysts still feel the might still go lower, and BTC getting below $3000. All of these I know are mere speculations, but at least for a relieve, it's good to see some green again

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November 26, 2018, 10:30:26 AM
 #6

indeed 98% is green, but to return to the original price seems to take a long time, indeed it cannot be predicted when the time is right but because many have complained in recent months, making people still not satisfied
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November 26, 2018, 10:33:30 AM
 #7

good altcoin traders are always making money, and they are making a lot of it not because of green in some top coin but because of the coins that you don't see on top but are getting real pumps! these coins are getting pumped at least 100% in a very short time and the traders take their money out right away back to their cold storages.

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November 26, 2018, 10:38:40 AM
 #8

indeed 98% is green, but to return to the original price seems to take a long time, indeed it cannot be predicted when the time is right but because many have complained in recent months, making people still not satisfied
It's true, I see today still looks green. Maybe this is the beginning of the resurrection. Because returning to the initial price certainly requires a process. As you said, it cannot be predicted when that time will arrive. but we always believe that everything will increase in time.
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November 26, 2018, 11:01:10 AM
 #9

It will not go far. There is a strong bearish trend and there is not any signal of the changing in that trend. But there is also a good news: at the graph of many cryptocurrencies we could se a strong support level, so prices will not drop under this month's minimum this year.
globalcitizen (OP)
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November 26, 2018, 11:37:55 AM
 #10

good altcoin traders are always making money, and they are making a lot of it not because of green in some top coin but because of the coins that you don't see on top but are getting real pumps! these coins are getting pumped at least 100% in a very short time and the traders take their money out right away back to their cold storages.

I agree with you. Good traders make money most of the times because they have an understanding of the market. Unlike the majority of the market players, those traders don't usually focus on the top 100 coins but on those hidden ones down the list that are most often pumped and dumped.  It takes skills to actually make good money as a crypto trader.
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November 26, 2018, 11:44:13 AM
 #11

good altcoin traders are always making money, and they are making a lot of it not because of green in some top coin but because of the coins that you don't see on top but are getting real pumps! these coins are getting pumped at least 100% in a very short time and the traders take their money out right away back to their cold storages.

I agree with you. Good traders make money most of the times because they have an understanding of the market. Unlike the majority of the market players, those traders don't usually focus on the top 100 coins but on those hidden ones down the list that are most often pumped and dumped.  It takes skills to actually make good money as a crypto trader.
But remember those new traders never try to prepare themselves for this situation because most of them are still holding their portfolios. This is the best time to take a little profit from crypto. I guess you must understand about that., not all of traders have made a lot of profits from this pump.

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November 26, 2018, 12:10:12 PM
 #12

I think that the price increase by 10-20% after such a strong fall does not affect the mood of investors. Until Bitcoin returns to $ 8,000, the crypto community will not believe in its further growth.

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November 26, 2018, 12:30:02 PM
 #13

at least now the market is trying to move to greener side.
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November 26, 2018, 06:17:44 PM
 #14

The market may indeed be green, but it is not making alot of money because alot of people are in loss.

These are just 10%, 15% growth, it cannot compare to someone who bought bitcoin at 7500$ or etherum at 300$
It is still a massive loss..

The only growth is that the marketcap is increasing which proves that no one is giving up on crypto currency yet
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November 26, 2018, 06:21:03 PM
 #15

I agree with you @globalcitizen, big trades do a lot of money, i wish i have enough money to do a lot of tradings.
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November 26, 2018, 06:26:17 PM
 #16

The market may indeed be green, but it is not making alot of money because alot of people are in loss.

These are just 10%, 15% growth, it cannot compare to someone who bought bitcoin at 7500$ or etherum at 300$
It is still a massive loss..

The only growth is that the marketcap is increasing which proves that no one is giving up on crypto currency yet

How come our growth is increasing right now? based on the chart provided by Coinmarketcap, right now we are at $124 Billion. Which is lesser from where it used to be a week ago at $140 Billion. The only growth that I see so far from our current market is Bitcoin dominance is not affected by this dump and even it keeps moving up.
only that, nothing good comes from media and government.
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November 26, 2018, 06:26:53 PM
 #17

I totally agree that the current market is not for newbies. This just shows how important it is to learn how to trade and gain consistent profits no matter what the market condition is, instead of just saying "HODL"
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November 26, 2018, 06:30:12 PM
 #18

I still don't really hope that something good will come up with this, we cannot conclude something just by paying attention to the crypto currency price movements that are starting to improve, maybe if in the next 3 days the crypto currency prices continue to improve, maybe we can smile that everything will rise again, let's all hope something good will happen soon



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November 26, 2018, 06:40:16 PM
 #19

Take a look at this page now or tomorrow. I assure you you will see a completely different picture and you can write the same thing now about the market decline.
It seems that you are on the market today for the first time.. Everything that happens in the first place is connected with bitcoin. The price of all assets is normally moving in the direction of bitcoin. If bitcoin is growing and the whole market is growing - this is a very simple answer.

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November 26, 2018, 06:43:13 PM
 #20

The current state of the crypto market is definitely not for newbies but for those who have a good understanding of how it works. You don't need an expert tutorial to know that good crypto traders are still making a huge profit from market speculations despite the downward trend in value that bitcoin and various altcoins have witnessed in recent days. CoinmarketCap data today, as shown below, reveals that out of 100 top coins 98 are on green. I think this is reassuring that it is not over yet with the crypto. How far do you think this Green will go?.


source: coinmarketcap.com 2018-11-26-08_14_50

We can see green days future. But I think, bad days isn't end yet. We can still see crashes. But I think we've all missed a lot of long green bars.
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