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Author Topic: Bad days for crypto  (Read 61578 times)
xandriel
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May 11, 2020, 11:15:39 AM
 #541

In my opinion right now is not bad days for cryptocurrency, but good days. Why do I say that, because according to the results of my analysis
the price of bitcoin support is very strong at $ 9500. This is a good sign, because in the near future bitcoin can pump to the next target,
at the price of $ 12k. And now bitcoin is corrected first at $ 9800, a good chance if you want to buy more bitcoin.
And now the price of Bicoin is falling and of course after halving situation will probably get worse and will definitely return to $6000 soon. I'm not sure what will happen next but if you don't think carefully, you will be disappointed in what is happening. The value of Bitcoin is very volatile and no one can predict it.

 
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May 11, 2020, 11:48:44 AM
 #542

bitcoin at the end of 2019 did not reach $ 20k but most likely Bitcoin at the end of 2020 will reach $ 20k or even before the end of the year. we are waiting for half of bitcoin to decrease.
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May 11, 2020, 01:33:34 PM
 #543

In my opinion right now is not bad days for cryptocurrency, but good days. Why do I say that, because according to the results of my analysis
the price of bitcoin support is very strong at $ 9500. This is a good sign, because in the near future bitcoin can pump to the next target,
at the price of $ 12k. And now bitcoin is corrected first at $ 9800, a good chance if you want to buy more bitcoin.
And now the price of Bicoin is falling and of course after halving situation will probably get worse and will definitely return to $6000 soon. I'm not sure what will happen next but if you don't think carefully, you will be disappointed in what is happening. The value of Bitcoin is very volatile and no one can predict it.
I argue for the price of $ 6000 for bitcoin I am sure will never go down in the zone,
but for $ 7000 it might be possible, and don't ever pray for it below!

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May 11, 2020, 02:22:52 PM
 #544

yeah right, because the world economic situation is now worse, obviously this will have an impact on the development of prices from the crypto currency itself. but we'll wait, if good developments will come soon
 

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May 11, 2020, 06:49:43 PM
 #545

yeah right, because the world economic situation is now worse, obviously this will have an impact on the development of prices from the crypto currency itself. but we'll wait, if good developments will come soon
 

Personally, I don't think that there are bad days in the crypto market now, if there were bad days now, Bitcoin was worth $3-4k instead of $9k, now in fact the market situation is quite normal.
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May 11, 2020, 11:13:59 PM
 #546

It seems that these days are not bad days for crypto, but good days on the contrary, only a little bit left before halving Bitcoin, the market is growing a little bit and now we can say that crypto is in good condition.
not the crypto market, only Bitcoin has increased, look at Altcoin, it's very sad if you look at it now, like sacrifice  Smiley
Everyone predicts that after the halving something will be better than right now. Maybe they are right, but it is hard to predict about the future for me. As you above mentioned if we see BTC price, we can say everything is ok. But if we look at price of altcoins, l would say they can be called like sacrifice as you mentioned. l hope this event will change as soon as.

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May 12, 2020, 10:51:49 AM
 #547

To be honest, bitcoin (BTC) is still considered the de-facto first port-of-call for investments just because of its ability to fluctuate.

However, as the market matures and the curve is flattening (like the current covid-19 in some countries).

Moreover, with the halving event taking place, the lesser supply into the overall pool will also stabilize the market a little more too.

The trend is determined mainly by the "whales" as they control a large stake in the whole BTC pool.

Unfortunately, that means that them buying or short selling will affect the price quite a bit (and people then to follow their lead in a bull-run or otherwise).

The long-term potential for cryptocurrency is still there though.

You may refer to this article I read quite recently regarding the potential towards full-capitalisation for crypto assets.

https://medium.com/datadriveninvestor/why-icos-fail-are-they-still-worth-3b9a20a6ad9c

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May 12, 2020, 10:57:37 AM
 #548

Everyone predicts that after the halving something will be better than right now. Maybe they are right, but it is hard to predict about the future for me. As you above mentioned if we see BTC price, we can say everything is ok. But if we look at price of altcoins, l would say they can be called like sacrifice as you mentioned. l hope this event will change as soon as.

Bitcoin is okay but it will be better in the long run.

Of course, we also like to see our altcoins to rise but it has no happen yet, remember our own world "HODL", that's the reason why we are still here despite  the fact that our investment is almost worthless now. I am not seeing altcoins market to be bullish soon as they are dependent on bitcoin but I believe they will be able to recover soon and we will witness a new altcoins season.

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May 12, 2020, 01:28:19 PM
 #549

It is normal for crypto to decrease but not to be bad. True to your words that crypto can perform well again, we know that now hard times have happened with the world economy. but crypto can still perform better and not disappoint for those who support it or invest there. do not you miss a good time to invest in crypto because time can quickly change and the opportunity can pass without you getting luck.
For every downline of cryptocurrency its always a great opportunity to invest its totally not bad at all. Its dump but its not mean its dead or it will continue until the bottom. Its always the nature of cryptocurrency and for the traders its a big profit for them. I don't think we have already the bad days of crypto since we don't consider its dump as the end. We should be able to be greatful to have this kind of situation where we can invest more buy more and prepare to ride to the top. Keep in mind that traders gain profit even its down or up.

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May 12, 2020, 02:41:13 PM
 #550

So what do you think now? I think after 2 years of more bad happens in crypto  like dropping the value and many scam project happens.
But after that we see again a new hope because price of the coins are starts rising again and I think it will continously up the value because also the halving which is more effective to rise the value of the crypto coins.
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May 12, 2020, 07:18:59 PM
 #551

It seems to me that now, on the contrary, the days in the crypto market are improving, after halving Bitcoin, the market has not fallen very much, so the market may recover faster and soon may start to rise again.
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May 13, 2020, 12:23:34 PM
 #552

It seems to me that now, on the contrary, the days in the crypto market are improving, after halving Bitcoin, the market has not fallen very much, so the market may recover faster and soon may start to rise again.

if there are doubts about crypto is very regrettable, because crypto is currently very in a position to improve, it is true what colleagues above say.
doubt with crypto is wrong in responding to what actually happened, crypto actually has begun to recover and continue to improve. there is no reason not to join crypto, because it will only bring regret later.
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May 13, 2020, 01:22:32 PM
 #553

It seems to me that now, on the contrary, the days in the crypto market are improving, after halving Bitcoin, the market has not fallen very much, so the market may recover faster and soon may start to rise again.

if there are doubts about crypto is very regrettable, because crypto is currently very in a position to improve, it is true what colleagues above say.
doubt with crypto is wrong in responding to what actually happened, crypto actually has begun to recover and continue to improve. there is no reason not to join crypto, because it will only bring regret later.

Crypto refers to the general market, this includes the shit coins as well, and it's just right to doubt them as the word shit coins means they have no future, they are just created to scam the investors that has no or lack of knowledge about crypto investing.

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May 17, 2020, 11:37:43 AM
 #554

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?
Today is another year so I hope we have a good increase of crypto for now. Bitcoin is still stable of its price now at $9,400 by the end of this year I don't think the rise of its price to $20,000 is achievable for being so stable but the future is unpredictable so we could'nt say it to be exact. The price of eth is increasing as of today so I hope it continously grow to its peak.

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May 24, 2020, 04:38:57 PM
 #555

This is a difficult thing to achieve, although at the end of the year bitcoin doesn't seem to be able to reach $20k. It is likely that bitcoin will last for $9500 to $15k
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May 24, 2020, 08:18:52 PM
 #556

According to my calculations, every year, at the end of the year, cryptocurrencies increase in value. Therefore, you need to wait for the end of the year, and then draw any conclusions. In early January of 2018, one altcoin in which I invested my money increased 13 times in price

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May 25, 2020, 04:38:56 AM
 #557

This is a difficult thing to achieve, although at the end of the year bitcoin doesn't seem to be able to reach $20k. It is likely that bitcoin will last for $9500 to $15k
look at the past after halving bitcoin will begin to increase and continue to run positively in the next year. so for now there will be no significant changes to bitcoin and will experience an unstable situation. down and up will continue to happen rapidly this week and there will be momentum after it can break through $ 10K.
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May 28, 2020, 04:44:35 PM
 #558

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?

The crypto market is a volatile market where altcoin prices will rise or fall suddenly, it is difficult to predict when the market will return to its peak, and now the market has grown better and we must believe and be optimistic that the market will continue to rise. hopefully in 2020 and 2021 it will be a good start for the crypto and BTC markets to get back to their peak.

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May 28, 2020, 05:49:18 PM
 #559

My opinion to reach the price of $ 20k can be achieved but not in the near future it still requires a lot of time, over the last few days the price of bitcoin is more stable, I mean not experience too much price reduction

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suzanne5223
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May 28, 2020, 07:32:47 PM
 #560

2019 was not achieved to reach bitcoin at the highest price but this year seems same thing happen in the last year because of covid19 still many people infected of the virus day by day. The crypto market can collapse anytime.
Honestly, every crypto investors who's highly experienced and study very well the historic information of bitcoin market when halving is coming won't expect the year 2016 market price to be that uptrend. Besides, it will be atleast Q4 before the last halving will impact the market and that doesnt mean the market will collapse as you said.

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