sheenshane
Legendary
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Activity: 2506
Merit: 1232
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February 10, 2019, 07:45:35 AM |
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Lack of awareness and adoption are still the main problem that market currently facing. There are still many that are not interested to adopt cryptocurrencies due to lack of awareness.
Ain't know why Bitcoin didn't have massive adoption when the price at a low-level stage. It might be people just want only quick profit they ain't know the real value of Bitcoin if what it is, and how useful it is. Bitcoin price will go up if the price is up, that's the fact that people will be engaged again in Bitcoin just because they will see the progress on it. IMO, hacking exchanges and other shady activities on the exchange's site were getting lost of people interest in Bitcoin, I may guess that's also contributed to the market happening.
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Moshaid
Copper Member
Jr. Member
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Activity: 546
Merit: 1
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February 10, 2019, 02:34:27 PM |
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Low marketing, publicity and approval from various sector is among the problem the market is facing. And the most of it is the FUD news that spreads like fire.
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BitBustah
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February 10, 2019, 02:36:22 PM |
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The biggest problem is the Mt Gox stash that will eventually be dumped on the market which will cause a cascade of sell orders. More government regulation is always a threat as well as crypto continues to grow.
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davit putra
Copper Member
Newbie
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Activity: 409
Merit: 0
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February 10, 2019, 03:53:55 PM |
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Eliminate greed so that the market will be more stable, and if you invest only to get profits quickly then it will be the beginning of despair if the movement is not what you expected.
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BrewMaster
Legendary
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Activity: 2128
Merit: 1293
There is trouble abrewing
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February 10, 2019, 04:06:01 PM |
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well you start by accepting the fact that your loss has nothing to do with the market or the trend that it was in. your loss is your own fault and you have to accept that you are not good in trading or investing your money.
then as soon as you see the actual problem you can start solving it by learning how investment works, how trading works and most important of all how the market works. for example investing during the ATH time is the worst decision and not investing during the ATL time (or when we are in a dip) is also the worst decision. additionally buying random altcoins because someone suggests them to you is a bad idea. following these 3 simple rules would save you in most scenarios!
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There is a FOMO brewing...
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ellehcar
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February 10, 2019, 04:10:09 PM |
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some of us are bankrup and backout and doughful to invest our money in the market. because we experience to failled all our money from investing in this kinds of marketplace. How can we solve it? and what is the good advice that you can help in this problem.
I think, the biggest problem that cryptocurrency is facing now that caused its long dramatic downtrend is its legalization and regulation issues. This fuels the FUD that fudsters spread in the market. But if there is no basis for these FUD, if people are assured of the certainty of crypto through a solid backup from the a physical authority or government, the market would somehow stabilize, or at least, it would not experience hard massive dumps like this for a long time. My advice is just go on with what you are doing in this crypto space.There's nothing we can do with it that to show our support to crypto. If the government sees that crypto has a strong, solid community support, then it'll follow us in adopting and embracing crypto.
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electronicash
Legendary
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Activity: 3234
Merit: 1055
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February 10, 2019, 04:18:36 PM |
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no one can solve the problem. its what the market does, you can't dictate anyone what to do with their coins. if they sell it by the time price jumps to 2%, its they way of solving their own problem not the market of crypto. if you want to bullrun to come, there has to have mass adoption and no thread to government regulations and ETF disapproval.
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LUCKMCFLY
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Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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February 10, 2019, 04:32:53 PM |
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I think the biggest problem facing the market is the lateralization, there are many waiting for the Bitcoin to make a strong movement, it can happen, but you can not guess, it is best to react, always the market gives good tickets and many times the Operators are benevolent and give clear views of what can be done to take advantage of opening positions.
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Huskarls
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Activity: 364
Merit: 10
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February 10, 2019, 05:05:06 PM |
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some of us are bankrup and backout and doughful to invest our money in the market. because we experience to failled all our money from investing in this kinds of marketplace. How can we solve it? and what is the good advice that you can help in this problem.
That's the mistake, on average when people think of investing in crypto, it will be certain to get a profit, in fact it's not that simple. Crypto at all platform is absolutely has its own risk, We just have to know how much and really research before doing entry. If you can't assure, then just cancel. Because when its already decline, sometimes, it will also hard to rising up.
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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February 10, 2019, 06:05:20 PM |
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Maybe there is someone who really does not suffer losses at this bearish time, so as the question 'how can we solve it?' can be answered correctly and given some suggestions to avoid it. I really feel like losing money at the current price decline, and even I don't dare to change a strategy from hold that I have to choose now, selling when experiencing a lot of losses is a ridiculous act. Yeah, I only have that way to deal with this situation, and really can't 'solve' it from this path.
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Xising
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February 10, 2019, 06:43:35 PM |
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some of us are bankrup and backout and doughful to invest our money in the market. because we experience to failled all our money from investing in this kinds of marketplace. How can we solve it? and what is the good advice that you can help in this problem.
Well, that's one. For me, though, the biggest problem is the fact that the market and its assets are taking so much time recovering from losses. I think that's because of the fact that there has been a really decreased number of transactions all over the cryptocurrency market. We all know that transactions are what gives a specific market the action and activity to keep on living. Say, the stock market, if not for the trades and the market movements that kept on happening the stocks would not go up or down, which would give the vibrancy to it. Same thing with the cryptocurrency market, if there would be less and less transactions, it would really be difficult to make everything work.
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rizkyhiw
Legendary
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Activity: 1484
Merit: 1004
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February 10, 2019, 06:46:17 PM |
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some of us are bankrup and backout and doughful to invest our money in the market. because we experience to failled all our money from investing in this kinds of marketplace. How can we solve it? and what is the good advice that you can help in this problem.
Perhaps the most appropriate word is to place investment or not be on time that is good at investing, it is a problem that is happening now for some ordinary people in the world, too obsessed with getting big profits, after seeing a very remarkable increase or achievement at the end of 2017, competition the market is indeed very hot after several new cryptocurrency in the world emerged.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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February 10, 2019, 06:52:09 PM |
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if you want to bullrun to come, there has to have mass adoption and no thread to government regulations and ETF disapproval.
We pumped hard without mass adoption or fancy institutional grade instruments, and we'll be doing that again in the forthcoming years. People always tend to point at events being the reason the price has tanked, but it's just another cycle. Of course, it's always easy talking after the price has gone down already, but the charts rhyme, and they'll keep rhyming until we actually start using this shit, and wild speculation isn't the main price driver anymore. In the end, if you pay attention to the bottom development throughout all the years of Bitcoin's existence, which is what actually matters, you see massive growth, and that still at current levels after a +80% decline from 2017's high.
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eaLiTy
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February 10, 2019, 08:35:47 PM |
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For me the most problem that we now facing in the market is the down price of top cryptocurrencies and until now we see slowly improvement of the market. The only thing that I think right now if we want to end this bear market we need to spread bitcoin and have massive adoption about cryptocurrencies.
How can you ever tell that the price of bitcoin is far bigger than it was in 2017 initial phase, you have to accept the fact that the price is far better than it was in the beginning of the rally. Everyone is counting and looking at the all time high valuation and passing on the judgment that the price is low at this point, but you must not see in that scope, just compare the average moving price a couple of years back and compare it to the present market price, you will very well understand that the price has increased from that situation, if you are looking for the next rally, huge investment has to come to bitcoin rather than speculation and if that happens the market will rally.
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Defender3301
Newbie
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Activity: 19
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February 10, 2019, 08:45:17 PM |
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It is difficult to say right away. There are many problems on the market, such as: scammers, unsuccessful projects, the human factor. These are the main problems with which you can face the market. But not all.
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yesyes18
Member
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Activity: 546
Merit: 12
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February 10, 2019, 08:45:25 PM |
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The main problem was that many people jumped into crypto investment without learning anything about it first. It's like they heard this thing could give money and si they just humped it anyhow and threw any money into it. Now, with the lost money and bankruptcy, there are basically to options: leave what you have for a potential recovery or cash that small money out. Anyway many would advise against cashing out now since anything can happen.
And also, this is now time for everyone to start learning something about crypto. We have to gain better knowledge about what we have now and hope for a better time in the future.
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goaldigger
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February 10, 2019, 10:36:30 PM |
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some of us are bankrup and backout and doughful to invest our money in the market. because we experience to failled all our money from investing in this kinds of marketplace. How can we solve it? and what is the good advice that you can help in this problem.
The problem we are facing in the market isnt the value but the mindset of the people. The negative values are normal and markets experience it always. What is not is that people always panic sell and drawn by their emotions. Slight changes can disturb their mind. They should posses a strong mindset in order to survive.
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boyptc
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February 10, 2019, 11:16:37 PM |
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You can solve bankruptcy by avoiding being bankrupt and avoiding it through making yourself ready and well prepared for it is the solution.
You need to invest only what you afford to lose and you need to adopt the market as it is. You can't solve your problem by being doubtful to the market, if you doubt then simply don't invest. Educate yourself before putting your money.
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Tramle091296
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February 10, 2019, 11:16:59 PM |
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Theres nothing to say every investors experienced about it because it is normal on the market that will fall and rise on the price. Some investor take the risks and hold as long they can because they know in the future they gets a lot of profit on it. But not all the investors gets a luck on it. Experienced big lpst and turns in to bankrupcy. Always on the investors what the strategy theyre going to do to get a profit on the market even the market price is not good enough.
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Rebisco
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February 10, 2019, 11:24:58 PM |
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some of us are bankrup and backout and doughful to invest our money in the market. because we experience to failled all our money from investing in this kinds of marketplace. How can we solve it? and what is the good advice that you can help in this problem.
There are people who have wrong perceptions in viewing cryptocurrencies. They always think it is a scam or a big ponzi scheme. The misunderstanding and misconceptions of the people towards to bitcoin are still the main problem.
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