Bad days for crypto

[leea-1334]

One of the best thing about bitcoin is, it's so unpredictable the only common thing to do in this industry is buy low and sell high if you are patient enough to wait for another price fall then you can use that time to buy some coins because that's the only higher chance that you can get a higher profit when it pumps like this like you saw today from 9k to 11k again.

There is a way to sell high, then buy low,,, by using altcoin pairs. I sort of do this in a kind of way with Dogecoin. I "sell" BTC by putting it into Dogecoin, and when Dogecoin is of a high price, I "buy" back the Bitcoin.

All altcoin trading is in fact doing this, in my view. But yes, it is all about patience.

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[Blue_oxen]

Bitcoin's dominance is increasing and looking at the way it is playing out, it's possible it rises above $20k before the year runs out. This is a big profit for bitcoin holders, but a pit of altcoins might be negatively affected.

This year bitcoin prices are hard to reach $20,000 and we need to wait at least another year for the market to have the best stability. Now almost all investments in this market are very risky and we should not spend all that money to invest in Bitcoin because I believe that the BTC price may have a huge adjustment in September . I personally have a very accurate prediction about this market so wait for the bear market to come back

[ajaymukund]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

it won't be that high. It will have adjustment after the price increase. The market has repeated this cycle 3 times in the past 2 months.
I think the price of $ 20k will be set in Q2 of 2020. Because then new investors have entered the market and started to raise Bitcoin prices.

[passwordnow]

-snip-

True,which there would be lots of sell off points along the way so it would really be a bumpy ride before we would able to reach or break out that previous ATH.
We cant say that it isn't reachable but wont really be that easy or does takes time.Bad days would be always there and as a trader or investor you should really
get prepared into these kind of circumstances.

A roller coaster ride most of the time and don't get pressured whenever the price marks your selling point.
Preparing would be your best weapon because you are aware with everything is possible to happen no matter how long you will wait for that right moment, you can endure all of those bumps and dips.

[xenomorphe1]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

maybe now the price of crypto is not up to $ 15k but maybe for the price of $ 20k I think it will be easily achieved in the future. and that must be because given if the price of bitcoin has good potential

15k is not easily achieved. 12k is still the limit. But with a little luck whales can decide to pump Bitcoin. But the crash is going to be more terrible this time as Bitcoin is near 70 percent of dominance. Or maybe some of thoses peoples are going to go back to altcoins when it is going to crash, i don't know. They are still waiting that more people invest in cryptocurrencies. But does people really are putting each month money into cryptocurrencies? And why only Bitcoin is increasing? I don't think the current situation is sustainable in the long term. Cryptos is just for speculators. Don't tell me that Chinese people are investing more money, if it was the case, NEO, TRON and EOS prices would have become a lot more expensives. And they know that crypto market is very risky. They are investing in Gold, but not cryptos.

[m.rifki]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

maybe now the price of crypto is not up to $ 15k but maybe for the price of $ 20k I think it will be easily achieved in the future. and that must be because given if the price of bitcoin has good potential

yes, most likely it can happen because with an increase in the price of bitcoin the better it is for an increase in all crypto to occur, because bitcoin has a large impact on other crypto currencies and market increases as well

but we do not expect improvements to occur as they have already been. bitcoin goes up by itself and altcoin doesn't move anything. that's very bad for altcoin.

[akram143]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

we don't expect that the cryptocurrencies only go on the developing situation in sometimes the bad day is also happening for everything it is the fact so we do not change anything but at the time in need to be calm and composed only for making the decision to be very perfect then only we can do the field to be useful for us.

[Questat]

People could say that they are on bad days when they lose in trading or even losing the value of their portfolio. Mainly they don't understand the market behavior and just because they only want more upclimbing price which it is impossible to happen.
We need to be patient all the way because the market will always be volatile and prices won't stay at high all the time.

[tippytoes]

People could say that they are on bad days when they lose in trading or even losing the value of their portfolio. Mainly they don't understand the market behavior and just because they only want more upclimbing price which it is impossible to happen.
We need to be patient all the way because the market will always be volatile and prices won't stay at high all the time.

It is true that a lot of people complain when the price goes down, but that's a normal scenario in the market. You should know how to take advantage of the situation. The decline of price is a good opportunity to buy and store more btc. Because more than likely, in the next few weeks or months, the price is going up again. You can also do short-term trading if you can't wait that long. The 24-hour period can already give you profits if you know what you are doing.

[Oceat]

It seems that it is still possible if prices can continue to strengthen every day, but if the correction still occurs at any time then I am not sure the achievement of 20k at the end of the year will not be achieved but it is possible to approach the target with other factors that can strengthen prices to continue to increase.

I don't think there is a correction at the moment since the price is in a stable state right now, unless if the price surge up to break a new resistance which is the $15,000 but no, nothing happens yet. It might take a couple of weeks before we could actually gonna see a price change that would boost and break the $12,000 to $13,000 during that certain week.

[tondenga2122]

It seems that it is still possible if prices can continue to strengthen every day, but if the correction still occurs at any time then I am not sure the achievement of 20k at the end of the year will not be achieved but it is possible to approach the target with other factors that can strengthen prices to continue to increase.

I don't think there is a correction at the moment since the price is in a stable state right now, unless if the price surge up to break a new resistance which is the $15,000 but no, nothing happens yet. It might take a couple of weeks before we could actually gonna see a price change that would boost and break the $12,000 to $13,000 during that certain week.

Only Bitcoin that has been stable at this moment. But look at altcoins, it suffers cause of this BTC move.
If only Bitcoin can be more stable in this month, I think it can be turned out to altcoin season.

[disconnectme]

What I can say about this is that the bad projects are dieing steadily, by the next of the year most of these tokens would have close to Zero value. I think we need this weeding out of bad actors and bad project, mot of these shitcoins have no developer behind them and are surely going to die and the earlier the better, I have no doubt the glory days for few Altcoins that survive this would gladly give great return

[imstillthebest]

What I can say about this is that the bad projects are dieing steadily,

what bad projects are you whinning about ? the op is talking about bad days for crypto and not bad projects by other ico/coins   . they arent also dying but there are becoming more stronger and if ever theres a bad project that die itll still be replace by a new one  .

now @op ,  bad days for the cryptocurrencies are only normal  . and if im going to ask you , have you seen an investment that has no risk ? have you seen any investment that you can steadily earn at all times  ? no right ?  cryptos arent also exempted .

[ciang huang]

It seems that it is still possible if prices can continue to strengthen every day, but if the correction still occurs at any time then I am not sure the achievement of 20k at the end of the year will not be achieved but it is possible to approach the target with other factors that can strengthen prices to continue to increase.

I don't think there is a correction at the moment since the price is in a stable state right now, unless if the price surge up to break a new resistance which is the $15,000 but no, nothing happens yet. It might take a couple of weeks before we could actually gonna see a price change that would boost and break the $12,000 to $13,000 during that certain week.

Only Bitcoin that has been stable at this moment. But look at altcoins, it suffers cause of this BTC move.
If only Bitcoin can be more stable in this month, I think it can be turned out to altcoin season.

indeed, bitcoin has found a stable price point for now and is very strong, but for altcoin it cannot compensate because many investors sell their altcoin assets to buy btc, altcoin has a very long increase in price and is often traded and always loses.

[dat.ho12492]

People could say that they are on bad days when they lose in trading or even losing the value of their portfolio. Mainly they don't understand the market behavior and just because they only want more upclimbing price which it is impossible to happen.
We need to be patient all the way because the market will always be volatile and prices won't stay at high all the time.

It is true that a lot of people complain when the price goes down, but that's a normal scenario in the market. You should know how to take advantage of the situation. The decline of price is a good opportunity to buy and store more btc. Because more than likely, in the next few weeks or months, the price is going up again. You can also do short-term trading if you can't wait that long. The 24-hour period can already give you profits if you know what you are doing.

Indeed, we can look at the bad times of the market in the past, many days can be worse than now but then, it is still a very stable return, which is a series of happy days, rising prices and profits for investors. If people have lived in crypto from the past, bad days are too normal, even many people will like you say, use this opportunity well, accumulate more good coins and wait until the beautiful day comes, if we don't know how to design this plan for this issue, we can also consider this as a day of rest, live in comfort

[Spaffin]

Certainly, traders make good profit using daily trading, but really professional figures have such results.  But as an investor, I note a very bad trend in the cryptocurrency market, because my portfolio a year and a half ago was at the level of $ 70,000, and today it is only a few hundred dollars.

[Vladok]

While the price of bitcoin is very good,but it is not clear where it will go further down or up

[mulia sabee]

People could say that they are on bad days when they lose in trading or even losing the value of their portfolio. Mainly they don't understand the market behavior and just because they only want more upclimbing price which it is impossible to happen.
We need to be patient all the way because the market will always be volatile and prices won't stay at high all the time.

everything can happen without us guessing before ... and that happened in the early 2018 ago ... and I still believe that the price of bitcoin and altcoin will improve in the next few months ... don't worry about this ... do something which is more useful than you have to think of something you can't afford. then do your best today to get better results in the future.

[tonyvo2017]

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

I think not. since the bitcoin rise nearly $ 14k but then dropped sharply has made me and the experts change their minds.
because the psychology of investors and traders is different than in 2017. they have been more cautious and always sold when they have high profits.
So that's the main reason why the price of Bitcoin cannot reach $ 20k this year

[joosep]

Bad for crypto generally is that BTC market dominance is going up and up (circa 70% now), and so altcoins seem to be inferior but really there are many good and more advanced altcoins. This will hinder crypto development. Hopefully market will weed out bad altcoins and the good ones will get deserved attention.