AltcoinsBattle
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February 28, 2019, 02:31:32 PM |
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I think it's better not to try to find the bottom. This is a empty work. The best way is to think about possible future scenarios and, based on this, create your own strategy for market action. For example: - we assume that the market will be in flat; - many altcoins will gradually becoming cheaper; - we can buy some of them that give passive income; - in the case of a pump, one of the assets that we have, we sell and expect a dump for rebuy; - we expect signs of a changing market trend.
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posi
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February 28, 2019, 02:38:04 PM |
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In my personal opinion, I believe it is not. The market is slowly increasing every day, but with only a small impact it can reduce 10-40% at any time. I realize that now is not the time for us to celebrate that the market has returned.
You're right in the aspect that we shouldn't celebrate that the bullish market as returned because the market demanding is still not strong and this mean the bearish market is still alive. Concern the OP question, I believed the Bitcoin market have reached the bottom price while the altcoin market are yet to reach the bottom price.
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xianbits
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February 28, 2019, 02:38:45 PM |
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We may not be sure if we are at the bottomest bottom but I'm cool enough to say that it is not likely to have another big dumps in the next days. Personally, I can see people are now joining back again in the market.
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inanilujimi
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February 28, 2019, 02:47:25 PM |
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we must understand the market at any time can go down. it is true that in the last few days there has been an increase in the crypto market but no one knows for sure whether this has reached the bottom or not.
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bartolo
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February 28, 2019, 03:08:27 PM |
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We will only know we have reached the bottom when we have left it far behind. Until the bull market returns there will always be a possibility that the price falls further.
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passwordnow
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February 28, 2019, 03:10:46 PM |
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I won't be that confident to tell that we have finally reached the bottom. But let's just assume that we really did hit the bottom and the market is just playing around $3,700 - $3,800 which is a perfect price to get an entry before the bulls get in. I'm not so sure if the hard fork that will happen tomorrow can certainly affect the market because it's for ethereum. I've seen lately that when there's a big altcoin event, it can bring up a larger market cap to the market which can give that significant increase.
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maydna
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February 28, 2019, 03:50:30 PM |
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I would say I don't know because I don't have any clue if the market has reached the bottom price or not. I only know that the price is down too deep and the chance for us to see the price go down still there. We also have a chance to see the price start to increase in the next month. But I will be glad if somehow the market can start increase although it's slow like today because soon, the market will recover the situations and will come back to the new price.
But still, there is nothing we can do related to the market now unless we are trying to survive in bad situations (if that comes once again). We need to worry if we cannot make a profit from trading if we are doing trading. But I am sure that we have another way to try to make a profit from other sources.
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graffix
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February 28, 2019, 04:02:14 PM |
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No one can so sure about it. None of us thought it BTC drop from $18000 to $4000. So anything can happen. But I saw many people say this is another resistance. It also can be a break. maybe this level is strong. Still, price consolidating around $4000. let's see what will happen next.
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jessyj48
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February 28, 2019, 05:12:54 PM |
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It looks like we've reached the bottom and I think it won't go down anymore then what we've seen in the past but I don't trust crypto too much because of been too unpredictable ,in crypto work anything is possible
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thefoex
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February 28, 2019, 05:17:40 PM |
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I would like to understand the general sentiment here from people who gather lots of crypto-related info from various sources.
I saw that the end of last year was the lowest base for the crypto market. and now the market has started to improve, there are lots of coins going up. even though it's not high but it gives quite new hope.
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dizzy1996
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February 28, 2019, 05:21:41 PM |
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On the negative situation in the market, many say that this is not the worst situation in the market, as there are many factors affecting the market as a whole, but of course, if a decision is not made to legalize cryptocurrency, the decline may continue.
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Irvinn
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February 28, 2019, 05:23:07 PM |
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Recently, we have seen very good growth trends in the cryptocurrency market. Considering that the decline in the price of cryptocurrency and the protracted bearish state of the market has been lasting for the second year, I think the price bottom has already passed. Now is the time for gradual, slow recovery and growth. I think that in the future the market will already grow gradually, but with the manifestation of high volatility.
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ATSgrowth
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February 28, 2019, 05:38:49 PM |
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I would like to understand the general sentiment here from people who gather lots of crypto-related info from various sources.
Still there will be two groups of people, of traders that will tell you two diffrent ideas. My answer is that noone definetely can not predict where is the bottom.
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Marina5
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February 28, 2019, 06:13:53 PM |
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Market has enough chance to recover it's price. We should not worry about the price all the time. As it is the basic rules of crypto currency, price may up or down in anytime. Market is increasing slowly and it will be growing continuously.
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ninja811
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February 28, 2019, 06:18:24 PM |
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I think that the cryptocurrency market has already reached its bottom and the rise should start soon. The cryptocurrency market is very volatile and constantly in motion. I hope that towards the end of 2019, the market will recover at least partially, and promising coins in which I invested will begin their rise. After the market recovers, prices should increase so much to get a good profit.
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baigreen
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February 28, 2019, 06:21:48 PM |
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Mood. All Crypto-Enthusiasts. If everything falls, we swear. And we ourselves continue to believe in the moon. If we run into a scam, we venerate ourselves and still believe in the moon. Well, the general attitude is certainly not very good. Especially when the market falls and a lot of promising project closes.
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go4crypto
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February 28, 2019, 06:27:11 PM |
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There is a good chance that early Dec, 2018 was the final bottom. However, no way to be sure until prices rise higher and take out some important resistance and downtrends.
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ujinice
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February 28, 2019, 06:28:47 PM |
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If we assume that the big players have recently entered the market, then we are unlikely to see positive news and capitalization growth, for a start, these players must collect serious portfolios for themselves before they play on the side of bulls. I am sure that the main trade today takes place on OTC. But I am sure that soon we will witness the revival of cryptocurrency and the widespread adoption.
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danherbias07
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February 28, 2019, 06:32:19 PM |
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I dont think so. The bottom is zero. It will always be. Bitcoin could go there anytime, it is just that the technology have been seen by a lot of people and demands are still there with usage unlike before. It may not hit the amount that I said but I still believe that it is zero which can be the bottom of it. With the number of altcoins out there, the market is being divided so it wont be easy to calculate anything.
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high110
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February 28, 2019, 06:35:57 PM |
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I think the market is at the bottom. Over the course of this year, bitcoin may fall to $ 2,000-3,000 and grow to $ 5,000-6,000. I think it does not matter. I think that this year we will be able to earn on altcoins.
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