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Author Topic: Price is not everything!  (Read 20631 times)
bitcoinisbest
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March 21, 2019, 05:39:38 AM
 #41

People will not be patient when their coin is falling when they invested to make profits and obviously most of the crypto investors want to make profits so they care about the prices as well.

People end up losing money when they enter at the high point price. This is normal with many as they do not believe that it recover so they do not buy during bear market which is the ideally where people should be investing at. Also they buy some coins which might never recover back once they fall.
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March 21, 2019, 05:39:58 AM
Merited by tk808 (1)
 #42

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.

Remember the famous line in crypto? Be brave when others fearful. Whales smiling on their front desk buying cheap altcoins and btc from others while the panic sellers keeps selling due to pulling down of the whales.

Let me give you a scenario, if there is a sudden pump on different exchange or single exchange alone. Noticed that it will go down instantly since whales attracting more to buy at higher price then slowly they will sell it as soon they seen many have followed.

Just watch out on pioneered coins regarding innovations, I cant seem to trust new project that out and looks like an imitation of original projects just improve and copy paste version.

ballerin and giroud
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March 21, 2019, 05:43:22 AM
 #43

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.
Depend on someone intention, if they comes to investing only they will focus on profit and the prices will be one factor for them have an intentions and interested to investing in cryptocurrency. I think many poeple who comes and investing in cryptocurrency just for profit only, and maybe thay came because at 2017 the price bitcoin experienced drastically increase almost 1000%, with the result that they have interested and start invested. So as, just few persons who see the functions per coin, and even there are who ignore it.
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March 21, 2019, 05:51:27 AM
 #44

for some people price is everything.Investors will certainly be attracted to projects that have rapid value added.
so that describe,if the price continue growing, that mean the project is good.
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March 21, 2019, 05:56:07 AM
 #45

Indeed, in 2017, many people came to the Cryptocurrency market for momentary enrichment. And it was artificially pumped. Now more demanding, knowledgeable investors are learning to work in new conditions. Of course, so many projects are untenable. But there are technically competent, necessary. They must be supported.

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March 21, 2019, 05:57:40 AM
 #46

for some people price is everything.Investors will certainly be attracted to projects that have rapid value added.
so that describe,if the price continue growing, that mean the project is good.
Price is the first thing that attracts us and that is the mistake of some if they will only analyze the price movement.
There should be a lot of factors that are moving the price, and that's the thing we should find out, this is necessary in order to analyze the price movement effectively.

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March 21, 2019, 06:03:34 AM
 #47

OP probably meant that we should not only follow the price and miss all the developments that's happening around the project. A low price does not necessarily mean that there's a "problem". You see a lot of these guys on telegram who only enters the chat asking "why price is low?" and/or "why no volume?" without having any of the project announcements.
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March 21, 2019, 06:05:15 AM
 #48

Generally, price becomes the criterion of a coin or token to be successful or not in the market exchange.
The holders may lose or get profits from the price itself.
However, I also agree that never think all about price when invested in high technology.
Besides prices, there are also some important elements to consider, they are the product of technologies offered, the future, and of course the volume that we must maintain on the market.

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March 21, 2019, 06:16:33 AM
 #49

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.

I think you're preaching to the wrong crowd. People in the forums have already made their minds up. If they're here every day checking for price and for good buys, for bounties and for free stuff then I'm sorry to say, they'll never think about technology and adoption.

On the other hand, if they were caring only for utility and growth, then they aren't really trading or selling and buying thinking of lambos.

So either way, people can't change their minds.

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March 21, 2019, 06:39:57 AM
 #50

I'm about to agree that price of a coin on the market is not everything. The most important for us is that crypto could get adopted by people. But, without price, crypto is dead. It is because price reflects the people's view to the coin.

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March 21, 2019, 06:46:37 AM
 #51

Well price is very important in crypto market especially for a trader and investor who want to buy a coin and to double thier capital on it.   Because without price is very unfair which is there's no way there will be more ppl will like it and try to adopt it IMO. And for sure massive declined will happen again.
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March 21, 2019, 06:52:39 AM
 #52

Why is it when the price is going downtown and in a prolonged downtrend, it is always about manipulation? It's just simple: More people started selling more than people buying in the last stages of the parabolic move. It's expected. And now, we are at the point where they will be more people buying than selling.

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March 21, 2019, 06:54:32 AM
 #53

People will not be patient when their coin is falling when they invested to make profits and obviously most of the crypto investors want to make profits so they care about the prices as well.

People end up losing money when they enter at the high point price. This is normal with many as they do not believe that it recover so they do not buy during bear market which is the ideally where people should be investing at. Also they buy some coins which might never recover back once they fall.

Buying high and selling low is the most stupid thing we can do on crypto holdings,sometimes it is okay to convert our coins into other to save our complete loss but people even don't trust coin like bitcoin by selling soon when they see the dump.
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March 21, 2019, 07:05:36 AM
 #54

If you are investor then price is the most important think for your. But when you invest in good quality coin so it does not have to be considered worth it. Then it will be price according to the demand.
Therefore, we must always remain aimless and go towards the famous product.

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March 21, 2019, 07:10:19 AM
 #55

People will not be patient when their coin is falling when they invested to make profits and obviously most of the crypto investors want to make profits so they care about the prices as well.

People end up losing money when they enter at the high point price. This is normal with many as they do not believe that it recover so they do not buy during bear market which is the ideally where people should be investing at. Also they buy some coins which might never recover back once they fall.

Buying high and selling low is the most stupid thing we can do on crypto holdings,sometimes it is okay to convert our coins into other to save our complete loss but people even don't trust coin like bitcoin by selling soon when they see the dump.
But a lot of people have been doing it, sometimes our trade depends on how lucky we are. People will try to dump their coins if the bearish market is not still yet touching the ground. some people late to sell their coins and that's why they are holding their coins

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March 21, 2019, 07:12:05 AM
 #56

I agree with your submission.
The irony is that some people believe that the price of Cryptocurrency presently also affects it's value.....which is not true.
I read where some are of the opinion that Cryptocurrency is on the verge of going into extinction because of the prevailing market condition.
I laugh at their ignorance when I come across such statements.
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March 21, 2019, 07:54:28 AM
 #57

Of course price is not everything, the most important is the concept and certainty of the future of coins or projects, this is what makes old coins still survive today, besides being supported by a good team and concept the project certainly has a loyal and strong community.

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March 21, 2019, 07:57:06 AM
 #58

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.

I understand your concern but you need to understand that crypto is tradeable, meaning it has value and price so everyone is always thinking that a coin should have a strong and good price and obviously, so that they can make more money. Those selling their crypto for cheap price, doesn't know how to invest, simply as that. Why would you sell your coins if you are going to incur losses? Doesn't make sense at all.

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March 21, 2019, 07:59:51 AM
 #59

Of course price is not everything, the most important is the concept and certainty of the future of coins or projects, this is what makes old coins still survive today, besides being supported by a good team and concept the project certainly has a loyal and strong community.
What do you say I agree with you very much. Of course the real coin or project cannot be fully seen from the price. Of course how long the coin or project can survive with any situation. I personally believe there must be coins or projects that are beneficial to the community.
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March 21, 2019, 08:09:06 AM
 #60

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.
I quite agree in your statement that more and more people are joining cryptocurrency but you should include those people who quit on crypto with different reasons. And with price, I think it's not safe to say thay we have better news and price everyday. Remember cryptocurrency is a volatile currency.
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