Topic: Almost All Currencies Down (RED DAYS) - page 5. (Read 698 times)

oh i see..what is in the chinese new year that all coins are down? Yup i gonna hold what i have thanks for the little advice.

This clearly is a good time to buy and not a good time to sell. To be honest, i really do not see this phenomenon as something that any of us should worry about because looking at the past years of bitcoins and other alternative coins, you can pretty much see easily that there is a pattern. Although clearly, the numbers of prices are completely huge when we compare the past years to this year, the percentage really doesn't make that much of a difference. specially on bitcoins.

Try to look at all these bitcoin corrections in the past years :
-2011 Nov, 97%
-2012 Aug, 36%
-2013 Mar, 25%
-2013 Apr, 79%
-2014 Feb, 49%  
-2017 jun , 36%
-2017 Sept, 40%
-and right now on 2018 i am still not sure yet since the price still keeps on moving but i pretty think that we are still on the 50ish%.

This just shows that bitcoins along with all the other alternative coins out this isn't done for yet. Clearly, this is just a domino effect because of the big whales taking profits. And right now, I am pretty sure that all the whales are smiling right now and getting ready to jump into the scene again. So if i were you, I'd be getting ready also. As for me? Well, since I am completely red on my portfolio, then I am going all in on this, win or lose. what's your decision?

It is shaky and a bit of a shock and scary but we must remember this is the nature of the beast and that graph will wave up and down and hopefully go more up then down and overtime in the long run we should see bitcoin multiply in value.


Precisely! Leave them behind let them not be part of it we do not need them to grow bitcoin. These communist governments just cause trouble and every time bitcoin dropped a substantial amount they were involved.


Japan is a very educated country I am sure they embrace technology and therefore digital currency since it is at the head of new technology and Japan is very hi-Tech.

Yes in this week almost all the currency value have been reduced I doubt because of the koria and the japan wrong statement that they will ban the bitcoin  but I think it will never happen

i joined with cypto 5 months ago and this is the first time i saw such a huge dip.some are telling cryptocurrency going to end.some are taking about burst bubble.some are telling about Chinese new year/USA economy and India cryptocurrency ban.what ever the reason depression is unbearable.my portfolio shows 50% drop.what is the best thing to do this moment?my personal opinion is HOLD.just hold your cryptocurencis and wait and study market movements.im sure market get stabbilize in near future and will start to rise again soon.dont be panic dont sell your coins.usually there is a dip after rise there was  a huge rise during last December and early jan.this is the expected dip.this is not end of cryptocurrency.you will be some where superior stage than late dec in next month(MARCH).goodluck happy future

Some says that Tether is behinnd of all of this but I would say that bitcoin price going down it's something normal and people have said here on this forum that a big correction eventually will come and I think this is it. However , I hope that Tether situation will be fixed and the markets can start the recovering process.

Shit country and shit goverment why you are bother about India. They are not biggest invested country on bitcoin. If the bitcoin banned in that country also they use it. Such a worst corrupted country is that. I think you are belongs to India. I do not want to explain about your countries. Here in my country too large number of labours from your country only.
They do not have big knowledge about the crypto currency at all.

All the investors are supporting with the price drop many whales are investing on other side. After they played their games you will find the bitcoin price and other alts bump in the chart.

I advise you not to panic. Closer to the spring, everything stabilizes.

Its raining blood out there. Everything is red. I have faith in bitcoin and I know wall this nonesense with china and india will be over soon.
Noone needs them anyway. Lets get rid of the weak hands.


Lets hope people listen to this advice.

I think it is time to hold whatever you have. Because, if you sell your coins now, it is an extremely big probability that you will have big losses. Be patient and wait for better prices.

Everyone is afraid of these dumps as an apocalypse, but I would in your place fill the pockets with cheap but quite promising coins. The market took such a cyclical appearance and this dump followed by the same rapid pump

I think red days are not bad. It is chance to buy again. BTC will increase when this bad news are over.

the principle of trading is to buy when the price is cheap, and sell when the price starts to rise. it is true that the price of btc and altcoin is getting lower. and if you want to trade, now is the most appropriate time to buy.

There was a time when 40,000 Bitcoins would only buy you a crappy pizza! Now look at the price.

Cryptocurrency investing is for patient people who don't sell when everyone else is selling. That's when they buy.

mainstream is not something that dies off suddenly! the start of it was not ages ago either. it has not even been 1 month since hitting mainstream how can it die?

and as for people, those who found out about cryptocurrencies are just getting interested. unless you believe all of them have ADD then losing interest is not a possibility.

A common phenomenon for the market , this had to happen . Great uncle decided to buy cheap BTC . just don't panic and sell all in the negative , everything will be fine and will go to growth

Selling now I think it's a mistake. If you have some spare cash you should invest it, I don't think BTC is gonna go much more down in the coming days. If you wanna play it safe invest half right now and half in a couple of days.

I think, here is the reason  

INDIA’S finance minster Arun Jaitley used his budget speech today to slam cryptocurrencies and has promised his right-wing BJP government will do everything to discontinue the use of bitcoin and other virtual currencies in India.

https://www.express.co.uk/finance/city/913071/bitcoin-india-Arun-Jaitley-budget-BJP-Modi-cryptocurrencies

Dont panic, be rational. Dnot let the whales disorient you.

Sir,  I think you have a major point here because once there is a global festival there is always an increase in the demand function of money. From what i read the Chinese New Year is celebrated at the start of the first calendar month. You can read more about it here: https://en.wikipedia.org/wiki/Chinese_New_Year.
Whenever there is an increase in the demand for money, investors would want sell some of their portfolio for cash thereby bringing down the price of money in this case bitcoin.

guys and ladies , there isn't much left to sell for most of us who bought in the last months
I'm just happy i didn't buy yesterday...again thinking this is the dip.
Sure it will be up again, what goes down will go up, right?

Point is why did thisdrop this much. chinese new year is bullshit, chinese don't but that many presents so they need billions from crypto. Wtf do they buy for their family..private islands?

Jp morgan, ceo doesn't cut it either, his doughter has money in bitcoin lol

Korea, india have never said they will ban crypto, they just want it to stop being the wild west of money. They wanna tax it, which is very normal and nothing to get hyped about.

Combination of these factors are also no explanation.

Probably news will come that it is a buyers market now and a lot of people will flock to buy hoping to ride the wave.........in the meantime i refuse to have an heart attack from the drops, since it seems it will drop a bit more. I don't expect it to drop much further, if it does almost all coins will be back to prices of before the big rise of few months back...which may be a good thing for the market. Obviously some of us will be screwed unless you have the funds to accumulate coins this cheap and wait for it to rise.

Some peole will make shitloads of money soon.....others who bought at alltime highs and holded ( as they were advised ) will be pretty pissed.

Moon , moon,   where are you mommy lol