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Author Topic: The market looks boring 2019  (Read 1097 times)
cybersofts
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January 13, 2019, 07:31:48 AM
Last edit: January 15, 2019, 08:49:14 AM by cybersofts
 #1

The market is looking so boring this year

Bakkt launch is a joke.
Bitcoin ETF is becoming political.

On the market prediction side:

Tom Lee is a joke
Arthur Hayes is a joke
Mike Novogratz is a joke
Changpeng Zhao is calm
John McAfee is a psycho
Jamie Dimon is laughing

And we are all panic, no more pretending now Smiley
What we all gonna do now? I failed all my goals in 2018 and I don't want to fail this year again.

What is your advice, guys?
PLAY NOW
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January 13, 2019, 12:32:25 PM
Merited by cybersofts (1)
 #2

You forgot deliberately or accidentally Tim Draper, into which category he belongs ? I think in the category of extra smart people which are not in panic, because they know BTC should be viewed as something long-term. Although I know that it is much easier for him to wait, than us ordinary mortals who do not have billions $.

I guess you invest in bad time, now you want strategy how to profit in bear year? If that is the case then my advice is not to sell now, and to buy more if you can afford it. Remember that in the past ten years BTC had great price increases, but every time there is big correction after that (80% or more).

Bakkt or ETF mainly serve for some speculation, and while the first-mentioned has a chance to start working in the near future, ETF BTC is pretty uncertain as for the time of approval, months or years, who knows...

I remember boring market when BTC is between 200-240$, many have survived that time.

Second advice : learn, adapt, improve Wink

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January 13, 2019, 12:35:54 PM
 #3

Need to stop thinking BTC is an investment, but rather start using it for what it was meant to be, a "Peer-to-Peer Currency".

Mass adoption will help drive the price higher.
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January 13, 2019, 12:49:31 PM
 #4

Year 2019 is just starting mate .so perhaps this is not the right time to complain 'cause it's very early . Must wait for more results be patient because market still not yet ready,  lets see on mid term maybe there's a tends which like what happened before when the market stabilize year 2017.




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January 13, 2019, 02:21:55 PM
Last edit: February 05, 2019, 08:46:37 PM by Question123
 #5

Market is not boring now this year 2019 it will be suprising soon. Why? Because the value of the bitcoin will increase again so that you will see your money grow. And remember 2019 is not the end because we are still in the first quarter and we still have 10 months more don't thinking advance. Maybe this it is not right time to rise but we need to wait.

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January 13, 2019, 02:32:23 PM
 #6

If you can't take it anymore feel free to look for some other investment opportunity such as stocks, bonds, lending, etc. I'm sorry if you feel that the market is boring, you just felt that phasing in the crypto market especially to bitcoin was quick.

As we see it move daily with almost nothing but losses everyday, it really gives that feeling of discouragement. Is it okay if you're going to share what's that goal you created last 2018?

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January 13, 2019, 04:33:35 PM
 #7

Year 2019 is just starting mate .so perhaps this is not the right time to complain 'cause it's very early . Must wait for more results be patient because market still not yet ready,  lets see on mid term maybe there's a tends which like what happened before when the market stabilize year 2017.

Yes you are right, we are in 1st quarter which means this is the time to buy coins and hodl until the market turns green. It's always good to plan for long-term investment for a better future.

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January 13, 2019, 04:49:59 PM
 #8

It has been like this every January and February.  I we can began to see the direction of the market any moment from ending of next month.  However this provide us with the opportunity of either to invest or not. I see the current market conditions as another opportunity to buy most of those coins listed and I believe that if that is done and we can hold for long-term then we would be able to makes some money.  Remember that investors are not going to put in money in January or February but when they are very sure that they investments is going to yield immediate profits.
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January 13, 2019, 05:35:47 PM
 #9

The market is looking so boring this year
This is how a typical sideways markets are used to be. No surprises.

You cannot expect after the severe down-fall, markets to bounce back quickly. Between falling-down and rising-up market conditions there is another phase of market is there. That must be known as sustaining phase. We are currently into that phase, hopefully.

If we are not breaking $3200 anymore and we will be trying to break the resistance around $4200 levels once again then we can conclude that we are into sustaining phase and it is also known as power gaining mode. In this mode, market will gain more power (in terms of more trading volume) to break up all upcoming resistance levels. Until breaking up major resistance levels, this kind of boring market will be inevitable.
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January 13, 2019, 05:48:17 PM
Merited by og kush420 (1)
 #10

The market is looking so boring this year

Bakkt is a joke.
Bitcoin ETF is political.

On the market prediction side:

Tom Lee is a joke
Arthur Hayes is a joke
Mike Novogratz is a joke
Changpeng Zhao is calm
John McAfee is a psycho
Jamie Dimon is laughing

And we are all panic, no more pretending now Smiley
What we all gonna do now? I failed all my goals 2018. I don't want to fail this year too.

What is your advice, guys?


In my opinion, it is better that the market is boring than if we would still see the red charts. It's better that everything stabilizes and then investors may return.
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January 13, 2019, 06:31:53 PM
 #11

Boring isn't a bad thing, this just may be the calm before the storm.  Things should really start picking up and this temporary dip won't last long so use this opportunity to buy in cheap.

I don't think the ETF matters either, bitcoin already hit 20k without an ETF or institutional money.
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January 13, 2019, 06:50:02 PM
 #12

Maybe at the moment is looking boring but that doesn't mean it will stay so through the year. Don't forget that market has the ability to change very quickly.
And if you haven't reached your goals from 2018, don't give up, don't get disappointed and discouraged. Take this as a lesson for the future and move on. The true success is if you learn how to adjust and improve. Have a little patience and don't expect everything to happen over night.

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January 13, 2019, 07:28:55 PM
 #13

It's part of the cycle, after a massive decline in the price, the boring (accumulation) phase starts where we'll probably be stuck for a while with no major prices movements just sideways until something big happens. But I wouldn't consider this current phase boring, I'd rather see a long period of stagnation than a rapid increase in value that will probably get hyped to insane levels making us enter another crypto bubble.

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January 13, 2019, 07:57:15 PM
 #14

And we are all panic, no more pretending now Smiley
What we all gonna do now? I failed all my goals 2018. I don't want to fail this year too.

What is your advice, guys?

I guess you should first explain how the market is looking boring to you

Somehow I can't fathom how you can be in panic and at the same time feel bored. Typically, people in panic are far from being in a state of boredom. So I don't think you are really "all panic" as you say since when you will in fact be, you won't be able to think clearly and coherently, only to weep and whine (as well as make plenty of stupid mistakes)

Regardless, there was not enough panic in the market so far as when there is, the tide will turn. As they say, it is the darkest hour before the dawn. But we are still going downhill

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January 13, 2019, 08:14:12 PM
 #15

The market is looking so boring this year

Bakkt is a joke.
Bitcoin ETF is political.

On the market prediction side:

Tom Lee is a joke
Arthur Hayes is a joke
Mike Novogratz is a joke
Changpeng Zhao is calm
John McAfee is a psycho
Jamie Dimon is laughing

Seems to have been posting in the Press Section a lot and I do hope that you read the replies on the thread that you have started their. Obviously, those people predictions are to be taken with a grain of salt. And I'm sure you know that there's no experts here.

And we are all panic, no more pretending now Smiley
What we all gonna do now? I failed all my goals 2018. I don't want to fail this year too.

What is your advice, guys?


If you feel everything is a joke, then it's better you take some time off and focus your attention to other things in life. Just wait till everything settles down before investing again, so that you can mitigate your risk in this boring market.




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January 13, 2019, 08:22:47 PM
 #16

The market is looking so boring this year
And we are all panic, no more pretending now Smiley
What we all gonna do now? I failed all my goals 2018. I don't want to fail this year too.
What is your advice, guys?
If you look at the past history on how the price of bitcoin moved you will understand why we are still finding it hard to see a promising rally, with every big rallies in the past we would see a few years of bear trend and i would last two to three years and the rally would start after that and the fourth year we would see the market soar high and break new barrier and that is what i am expecting this time too, this is the best time to invest if you are ever planning to invest in bitcoin and wait for a couple of years rather than looking at the short term market.

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January 13, 2019, 08:35:53 PM
 #17

The market is looking so boring this year

Bakkt is a joke.
Bitcoin ETF is political.

Why is Bakkt a joke? Physical settlement can have real implications for the spot market, unlike cash settlement.

On the market prediction side:
Tom Lee is a joke
Arthur Hayes is a joke
Mike Novogratz is a joke
Changpeng Zhao is calm
John McAfee is a psycho
Jamie Dimon is laughing

Lee and Novogratz were already a joke last year. Arthur Hayes came out of his recent predictions looking pretty good and more importantly he is making bank off Bitmex's fees. Dimon will be laughing until the next bubble starts. Then he'll get butthurt again.

What is your advice, guys?

If you're a hodler, find other things to occupy your mind. If we're lucky, 2019 will be a boring sideways year. If you're a trader, be careful getting overly bullish or bearish. I think 2019 will have a volatile and choppy but overall sideways character.

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January 13, 2019, 08:40:34 PM
 #18

Boring isn't a bad thing, this just may be the calm before the storm.  Things should really start picking up and this temporary dip won't last long so use this opportunity to buy in cheap.
People saying the market is boring don't belong here. Go play in the stock or Gold market and see how boring things are over there. On top of that, even if the volatility comes back, most people who are complaining are playing with pocket change, so it's not even that rewarding for them if the market is volatile. Doubling $500 (if they manage to do it in the first place) isn't a jackpot.

I don't think the ETF matters either, bitcoin already hit 20k without an ETF or institutional money.
An ETF matters if it is approved, and backed by Bitcoin itself, but it isn't approved, and very likely won't be in the coming years. Institutions were on board already, probably have been during the 2013 bull run as well.

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January 13, 2019, 10:09:08 PM
 #19


On the market prediction side: [/b]
Tom Lee is a joke
Arthur Hayes is a joke
Mike Novogratz is a joke
Changpeng Zhao is calm
John McAfee is a psycho
Jamie Dimon is laughing


Let this be a lesson to you and newbies that listening to so-called "experts" from mainstream/crypto news is never a good idea. Get some trading literature, learn the basics, learn about market cycles, etc.
If you are getting advice for free and from public platforms, chances are you are the product.

Remember: buy low, sell high.

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January 13, 2019, 10:46:54 PM
 #20

$6000 was what people referred to as boring as well, and now we have the same being said about the current price. Maybe that a dip below $3000 will show people what boring looks like....

I'm sure if we hit sub $3000 levels, we'll see them dump and maybe that will help us to get rid of these get rich quick noobs. People somehow are really begging for a shakeout, and it wouldn't be bad at this stage.

If you aren't here to use Bitcoin or to learn about it, you'll end up being bored even at $50,000 in the far future. Probably a sign that most people sit at home all day doing nothing.
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