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Author Topic: The prevailing market condition a blessing?  (Read 462 times)
Vaskiy
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March 23, 2019, 07:07:34 PM
 #21

Truly the prevailing market condition is a good blessing to users who have been with plans to make an investment into cryptocurrency. As the present market is in downtrend, investing now will give added profit on having patience to hold. There are people who invested when the price of bitcoin was above $15000, compared to that the present market is a blessing for all cryptocurrency investors.

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March 23, 2019, 07:32:19 PM
 #22

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?


I think that for operators who think about the style of an investor, it turns out to be a blessing, since it is paradise to buy cheap, and wait until the market in general rises, some altcoins are very undervalued, this is the ideal time for purchase of them.

For a market speculator, it is advisable to follow the direction of the market, so that in each movement of the altcoins can take advantage, as advised by Jesse Livermore in his book "Memories of a Stock Operator", many operators know what is going happen, what they do not know is when it will happen, that is why many investors buy and buy to wait for the moment that bitcoin begins its bullish stage.

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March 23, 2019, 07:48:36 PM
 #23

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

If the bearish market encouraged investments, it would stop being bearish very fast due to increasing demand. Yes, cryptos became more affordable, but it does not really help mass adoption much. Why? Because now that people have seen how fast and easily Bitcoin fell from $20k to $6k and then to $4k, they are afraid to invest or use it much. Retailers need stability, they don't want to take additional risks with their profits that would result from volatility of the currency. Investors are also less interested, because 'the bubble exploded', and they don't believe in recovery. So no, it's not even close to a blessing to a cryptosphere, but it might be a chance for some new investors to profit if they believe in the future of cryptos.

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March 23, 2019, 08:31:44 PM
 #24

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

All investors have very good expectations, such as waiting for the bullish market to come, it is something that is very much awaited but when will it happen? everything is unpredictable, from that most people think of always waiting because in many cases some people predict the market but it is out of a path of misery so people are deceived by such talk, so they have little fear of making decisions too quickly, even on bearish markets there are many opportunities to invest in a very cheap price compared to the peak price at that time, I believe the market is very potential to rise, that's all because the problem of time cannot be determined by me.
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March 23, 2019, 09:57:01 PM
 #25

So can we say that the bearish market drives adoption of Cryptocurrency?
Adoption? As far as I know the bearish market had made crypto hodlers more frugal in terms of holding their coins rather than spending it compared to when it's prices are high. It didn't made establishments accept Bitcoin into their stores as a lot of them had pulled out BTC as a mode of payment as soon as the downward trend started. Don't be mistaken by the opportunity hodlers have now in the market for adoption as that is really not the case I am seeing right now, they bought it to hodl not to use as a payment in the near future.

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March 23, 2019, 10:12:30 PM
 #26

Most investors are dumb, that is why there are much fewer whales in crypto than there are regular investors. They will wait for the price to rise before investing and then only make a few coins
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March 23, 2019, 11:03:38 PM
 #27

Most investors are dumb, that is why there are much fewer whales in crypto than there are regular investors. They will wait for the price to rise before investing and then only make a few coins
not all investors are stupid. it's just that sometimes they are confused by changing market conditions and they are sometimes doubtful about the right time to do investors. the problem is that the best time for investment is indeed not determined. so most investors think that when the price goes up it's the right time.

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March 23, 2019, 11:11:33 PM
 #28

I think the current market conditions are a blessing for people who want to invest in Bitcoin, because the price is very low, I am very enthusiastic because the prices are very affordable at this time to buy.
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March 23, 2019, 11:16:07 PM
 #29

Bad and good events certainly have different blessings if we realize it when the market is bearish but on the other hand adoption is increasing and market activity continues, it proves that crypto investors and traders are not worried about the bearish market itself, because there are still other benefits that can be utilized at each moment that happened. So, there is nothing that needs to be pessimistic when bearish happens because the opportunity to reach the top is still open for those who continue to struggle to get it.

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March 23, 2019, 11:57:26 PM
 #30

Is it a blessing to cryptosphere?

It isnt a blessing but rather an opportunity and as an investor you should really see it this way considering that cryptospace
do really have that potential when it comes to future but it wont really be that easy if we do consider on how much coins overall in the
entire market which means selecting the best coins should be crucial and should really be needed with good research and decisions.

R


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March 24, 2019, 02:45:24 AM
 #31

take all opportunities in any market conditions. when the bear market, it can be a blessing when we dare to buy and add assets to our portfolio and wait for prices to rise. if our perspective is always positive in market conditions, then all will be okay.
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March 24, 2019, 04:58:58 AM
 #32

I think it depends on how people see it, some say its blessing because all the coin become more affordable, some said it's bad because they bought it at peak and until now there is no sign the price is going to reach that level again, for me I think it's a blessing because I like to see the price become more stable, the rising is slow but stable, the rush rising is going to create major correction and that could scare away the potential investors
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March 24, 2019, 06:11:20 AM
 #33

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?




Depends on what you mean by "not affordable". Even at the current price some will still believe they are not affordable.

 Which is better by the way, coins getting affordable but not increasing in value/price or coins becoming unaffordable but keep increasing in value/price?

Finally, there is no such thing as Bitcoin/cryptocurrency is not affordable. Correct word is 1 Bitcoin, 1ethereum or 1litcoin is not affordable.
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March 24, 2019, 06:30:04 AM
 #34

You can buy a 16 inch pizza and eat it for yourself, luckily there are some smart businessmen who offer to sell a a fraction/slice of it then it's up to you if what you 'choose' and so the logic is the same with Bitcoin.

It's not compulsory that you must buy 1 Bitcoin and so as other cryptocurrency, That's why you have a 'choice'  

Yes, Everyone can enter in bitcoins for sure as there is no minimum investment. You can buy a fraction of a bitcoin if you are not so rich to buy the whole bitcoin. The the good thing is that those people who will invest in 2019, will remain in profit and as market is already at its bottom and will move upwards from here.
Think of the people who invested in 2018 and most of them are in loss. Cry

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March 24, 2019, 10:34:15 AM
 #35

It is just ripe for the taking for us right now. I mean the price is certainly low right now and we can't be sure if it won't be any lower but at the end of the day it is definitely low for what it could be in couple of years. Right now, we can consider the price very cheap for what it can be lets say in 2025.

People are looking bitcoin and profits very short term, like you gotta buy something and make money in couple months at most, possibly in the first week you buy that.

Nevertheless, if you look at it like a long term investment even people who bought from $20k (even though it is definitely a bad investment at this point) will be profiting more than they know in a decade, when all stocks go up like 100%-200% at most in a decade bitcoin will be up x10 and even more maybe. Hence right now it is by far the best option we have.
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March 24, 2019, 11:48:24 AM
 #36

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?




Depends on what you mean by "not affordable". Even at the current price some will still believe they are not affordable.

 Which is better by the way, coins getting affordable but not increasing in value/price or coins becoming unaffordable but keep increasing in value/price?

Finally, there is no such thing as Bitcoin/cryptocurrency is not affordable. Correct word is 1 Bitcoin, 1ethereum or 1litcoin is not affordable.
I think it's relatively affordable or not. we can buy as much as we can, and don't have to buy it in full. we can buy it in pieces. the most important thing is that bitcoin has a multiple increase, so that we also multiply. I am not oriented to the high cost of bitcoin, but the quality of BTC is more important in my opinion

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March 24, 2019, 12:25:10 PM
 #37

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?

maybe you are right the adoption of cryptocurrency will give the confidence for the new investors to get convenient profit at the end but if anything will say the market is very low so we cannot move forward without any changes in this market and the discouragement will continue to happen for the existing investors.

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March 24, 2019, 01:58:39 PM
 #38

I think the good part about having "satoshi" is that you can invest however much you want, even when the prices were at 20 thousand dollars if you wanted to buy less you could have bought like 0.01 bitcoin. So, I do not think the entry barrier being high was the problem, the problem was how could we sustain going up forever. Like its great that we reached from 900 dollars to 20 thousand dollars in less than 6 months but what about afterwards? How can you continue going from 900 to 20k to 40k?

Short answer is you can't, that is why we went down. I think the real question is will we have another super skyrocket now which will make it unsustainable again or will we have a slower increase, I will prefer going to 20k again in 2 years than 2 months, that would make it sustainable at least.
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March 24, 2019, 03:44:57 PM
 #39

It is for me. The current market condition enables me to buy the coins I want whenever I have the money. Also the people are more focused on accumulating now so the people now are not exactly focused on the price rather they are more enthusiastic in the underlying tech.

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March 24, 2019, 05:11:52 PM
 #40

Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?


We cant say that those people who dont invested before due to high price of ICO will be investing in todays market, there were lots of accusations in the ICOs they are scams therefore it prevents investors to enter market even the price is too low.
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