deisik
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February 08, 2019, 10:26:46 AM |
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I observed lately, bitcoin continues to decline and it is difficult to rise to the top, do you think this bearish trend will continue until Q2 2019? If the situation gets worse (the price drops), do you still want to stand up and hold it until the end of 2019? It seems that I have to take a vacation, so I don't get too bored.
The clearest option for us right now is to be patient. Bitcoin doesn't look bad right now, its not like the 2018 horrible market, we are not looking great neither but we are certainly not looking bad. The market went upto 20 thousand dollars once and we saw what we were missing, we had a lot of issues to handle and we were not ready for it I tend to disagree with this sentiment Indeed, from a view point of a long-term holder who bought a few bitcoins anywhere above 15k in 2018 it may have been quite brutal. But I don't think 2019 is a lot better. It may look and feel better but this is entirely psychological (let's call it mind games). After all, the price right now is at its lowest (well, not exactly the lowest but pretty close) So, while it may actually feel better as prices stopped crashing, technically, we are still way worse than most of 2018. Further, there was a lot of price action throughout the year as massive falls were followed by monumental rebounds, which you could use and should have used to trade profitably. This is no longer the case now
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Bitcoinwaist
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February 08, 2019, 10:33:31 AM |
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litecoin is eating bitcoins lunch. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Matimtim
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February 08, 2019, 01:40:30 PM |
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I observed lately, bitcoin continues to decline and it is difficult to rise to the top, do you think this bearish trend will continue until Q2 2019? If the situation gets worse (the price drops), do you still want to stand up and hold it until the end of 2019? It seems that I have to take a vacation, so I don't get too bored.
Even the price of bitcoin is not good until now and there is no possibility that the price of bitcoin will rise again, but for me i want to be a bitcoin holder until the price of bitcoin goes up again and back to its position to bring a big profit for those people who are holding their bitcoin until that time.
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needtor22
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February 08, 2019, 01:45:20 PM |
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There will be a lot of struggle for bitcoin and the general market in 2019 because bitcoin will see the lowest in 2019, and not think 2019 but will try and this year will be very slow for bitcoin and bulls may start coming in 2020 until 2021 to see ATH new
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romero121
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February 08, 2019, 04:27:14 PM |
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After a long the market was found recovering with majority of the coins being indicated in green. Possibly the market will progress slowly, and this seems to be the beginning. Even in the past during the days close to the Chinese New Year there'll be market variation. This too maybe the same. Hope the growth continues in a gradual manner.
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gabmen
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February 08, 2019, 04:46:16 PM |
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After a long the market was found recovering with majority of the coins being indicated in green. Possibly the market will progress slowly, and this seems to be the beginning. Even in the past during the days close to the Chinese New Year there'll be market variation. This too maybe the same. Hope the growth continues in a gradual manner.
Hopefully it does. There have been a lot of times when the market showed green in general for a few days and was really promising, but then turned around again. I guess we really can't expect a sustained recovery just yet unless we get a legitimate catalyst to start off a run.
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Slow death
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February 08, 2019, 05:28:40 PM |
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do you think this bearish trend will continue until Q2 2019? In my opinion all this year we will see this trend and in the next year we will begin to see the recovery. This year there is nothing that drives a great increase of prices, for example ETF is still pending for approval and its chances of being approved are very few. another case is BAKKT that is also in the same situation as the ETF and their chances of approval are very small. With this I can say that I wait for next year to see the price recovery do you still want to stand up and hold it until the end of 2019? this is a long-term investment, something like 2 to 5 years, so expect good results in 2 to 5 years Expecting results in 2 to 5 years is not what many are actually expecting For most holders it would likely mean accepting that they lost their cryptocurrency investments. I don't mean that prices won't revert in 5 years (probably they will), but how much? As I see it, the only possible way for prices to return to 20k and beyond is another speculation boom ("bull run") but it basically means that a new, bigger wave of holders should arrive with fresh money, and that may actually take so many years The impatience of many people, lead them to make many mistakes, today I sold bitcoin to my friend, I sold when the price was $ 3400 and at the beginning he did not want to know about bitcoin because of the losses that he have the beginning of the year of 2018. but see that today I sold for the price of $ 3400 and now the price of bitcoin is $ 3700. so he have profit. This is more proof of that buy and hold for 2 to 5 years is the best option After a long the market was found recovering with majority of the coins being indicated in green. Possibly the market will progress slowly... having a gradual increase would be very good. pump and dump only destroys the crypto world
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deisik
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February 08, 2019, 07:24:02 PM |
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After a long the market was found recovering with majority of the coins being indicated in green. Possibly the market will progress slowly, and this seems to be the beginning. Even in the past during the days close to the Chinese New Year there'll be market variation. This too maybe the same. Hope the growth continues in a gradual manner.
Hopefully it does. There have been a lot of times when the market showed green in general for a few days and was really promising, but then turned around again. I guess we really can't expect a sustained recovery just yet unless we get a legitimate catalyst to start off a run It's too early to tell Bitcoin rising 300 dollars doesn't mean a major recovery as it is only a minor rebound, probably before tanking lower. There were quite a few recently, with prices rising over 4k and we still couldn't stay there. As I see it, the real recovery will start after we break out of 5k. This price will be a major resistance level with lots of shorts entering the market, and if we fail to penetrate it, we will still be in a long-term downtrend
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suprex333
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February 09, 2019, 06:34:41 AM |
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A good return after the Chinese new year had a good impact on the crypto market, perhaps this is the return of investors who have taken a short break. With optimism, I still hope that bitcoin can increase again so the altcoin will also follow it.
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iv4n
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February 09, 2019, 10:45:02 AM |
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A good return after the Chinese new year had a good impact on the crypto market, perhaps this is the return of investors who have taken a short break. With optimism, I still hope that bitcoin can increase again so the altcoin will also follow it.
Little rise, bitcoin is keeping this level between 3 and 4 thousand dollars for a while. When I started with bitcoin price dropped hard to 150 dollars, and entire 2015 and 16 were between 200 and 400 dollars. Only in the end of 2016 we had price over 500 dollars and than explosion in 2017. This is like deja vu for me, we are holding this position and I think this position will last entire year, so don`t be too exited, price can drop again. We are not moving from here before next year.
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Dodoymabs
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February 09, 2019, 09:56:59 PM |
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I observed lately, bitcoin continues to decline and it is difficult to rise to the top, do you think this bearish trend will continue until Q2 2019? If the situation gets worse (the price drops), do you still want to stand up and hold it until the end of 2019? It seems that I have to take a vacation, so I don't get too bored.
BTC believe to be able to definitely stand up as what this technology has been made. It does faces a lot of obstacles but it always gives us hope if we just believed in it. It's been more than 10 years and it continues to be more useful especially when it comes to helping the community. So, we just have to be calm and observed it until we can see some improvement in it.
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Pab
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February 09, 2019, 11:03:45 PM |
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We can have some very positive events in bitcoin space Below i am posting reasons for price rise
Bitcoin sidechain is under active develompent Bakkt will launch when all that issue with US shutdown will end Bakkt will serve Bitcoin mass adoption and will create demand from worldwide merchants Bakkt will cover transaction cost Fidelity is going to launch in March.Big investors needs secure platform to invest and store his digital assets.Whatever people think Bitcoin is recognized like a good alternative investment opportunity I am not talking even about ETF one day it will come
I don't think bitcoin price will fail below 3100$ because it will to much hurt miners Already many mining pools suspended his operation
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STT
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February 09, 2019, 11:59:41 PM |
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I think we go sideways, put very simply because any great prediction relys on development not just fundamental but market reaction to crypto pricing after spiking so highly. So call it digestion but really 2019 I would guess is a period of reflection and underlying protocol advancement hopefully but in terms of price its the tail end of people selling then after 2019 perhaps realising they were selling far too late.
Even though we can predict the selling will be overdone it doesnt really stop it happening, majority of us are motivated short term unfortunately. I think thats just human nature, poorly organised strategy for many people and then quite a few after will end up rebuying at prices higher then they sold. Its exactly what happens with stocks and I dont imagine crypto is so much different in its herd dynamic
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icecube45
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February 10, 2019, 05:46:37 AM |
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I think this will continue in 2019, seeing now there are no signs of change or improvement. I will continue to hold it back because if I sell it will certainly suffer a big loss, so it is better for me to keep holding it and buy some bitcoin. I will keep holding it because I have intended for a long-term investment, so I will sell it when the price has gone up considerably.
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liuqi
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February 10, 2019, 09:06:20 AM |
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I think this will continue in 2019, seeing now there are no signs of change or improvement. I will continue to hold it back because if I sell it will certainly suffer a big loss, so it is better for me to keep holding it and buy some bitcoin. I will keep holding it because I have intended for a long-term investment, so I will sell it when the price has gone up considerably.
The current situation is not properly working in crypto too many peoples are decide your way, But day trading is good for all the crypto hunters because market circulation is required for sudden so we must active in trading platform. I expect new tokens are going to moon in market so we should concentrate in token surely we will make good profit.
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piebeyb
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February 10, 2019, 09:36:38 AM |
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I observed lately, bitcoin continues to decline and it is difficult to rise to the top, do you think this bearish trend will continue until Q2 2019? If the situation gets worse (the price drops), do you still want to stand up and hold it until the end of 2019? It seems that I have to take a vacation, so I don't get too bored.
if you see it until today the bearish might not have ended, but I will give my analysis here, there I give a little analysis of when bearish will end so let's look at it at the end of 2019, if you feel bored you can start your holiday now
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deisik
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February 10, 2019, 10:01:04 AM Last edit: February 10, 2019, 06:49:37 PM by deisik |
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Even though we can predict the selling will be overdone it doesnt really stop it happening, majority of us are motivated short term unfortunately. I think thats just human nature, poorly organised strategy for many people and then quite a few after will end up rebuying at prices higher then they sold. Its exactly what happens with stocks and I dont imagine crypto is so much different in its herd dynamic
That's because people do not trust Bitcoin As they continue to trust fiat. If they honestly believed in Bitcoin's bright future, they wouldn't sell it for a few percent of profit. In that case they would likely not sell it at all other than to provide for their daily need and necessities. It is noteworthy here that it doesn't matter what people might say or think to the contrary as most if not all of us act on feelings, not solid knowledge Solid knowledge may provide good reasons for feeling in a certain way (let's call it correct way) but we still act instinctively, especially when we have to act fast and immediately. This is an important factor we should always remember about when planning and analyzing our actions and possible future behavior under certain conditions (for example, under extreme stress of dealing with abrupt market changes)
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Bitcoin-Turkiye
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February 10, 2019, 02:33:39 PM |
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in the first instance it could drop to $ 2700, then it could drop to $ 1500, but it might not be, because you're collecting bitcoins at a price of $ 3000, and you know that the price is rising there for a short.
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budiarmed
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February 10, 2019, 06:21:16 PM |
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For the moment I'm still thinking of holding on, and I don't think that throughout 2019 the market will continue to decline, I believe there will be a recovery and I will sell when the recovery comes.
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HODL2090
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February 10, 2019, 06:26:13 PM |
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< >
Hodling is the best initiative for Bitcoin investors, and not just till a recovery but for real price explosion. It could take longer then a year or two for that to happen, or it could come sooner, the market is unpredictable. Use the bearish trend to stock up more, and be in a better position when the bulls come.
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