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Topic: Bad days for crypto - page 24. (Read 61800 times)

hero member
Activity: 1932
Merit: 504
October 23, 2019, 04:44:46 PM
I don't think there is a bad day for the cryptocurrency world, the potential benefits and opportunities of having a bad day can be overwhelming because usually when prices fall many will consider it a bad day, even though it is a very good day because you can buy coins when prices are cheap, traders experienced will surely take advantage of moments like this.

although a bad day is a good day for experienced traders but still, when a big bearish happens it is a bad day like now the chart is very down. if you think this decline is a good day then at least this falling price will not happen so deep, because when dumping there will be many people who panic over their assets that tend to support for greater dumping due to panic sale and surely this is a situation that very bad
Maybe the problem is like what actually important in trading, we shouldn't panic in every situation because we must know correction or maybe the decline of price will usually happen at anytime. If people still panic maybe it is natural selection so only strong holder who still survived.
sr. member
Activity: 1078
Merit: 354
October 23, 2019, 02:01:11 PM
There seems to be a lot of downwards price pressure at the moment. As soon as you think things are stabilising and support is being established, the floor disappears and prices plummet again. It is certainly frustrating in the short term... however I don't think it's a massive concern for the long term. In times like this I think a look at the long term price charts are useful. We can see the huge 2017 spike and the mega-drop that followed with that long bear market. And after that the mini-recovery... since which time we have been steadily falling again. But you can see that this fall isn't that bad (at least yet!)... it still falls within the normal pattern of bumps in the road. So no reason to panic yet!
member
Activity: 264
Merit: 11
October 23, 2019, 12:37:05 PM
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 don't have idea about bitcoin price at the end of this year, untill now the price still not stable and usually still down even after the price increases little bit.
and for bitcoin price i don't think can hit tomore than $15,000 untill the end of this year
legendary
Activity: 1568
Merit: 1002
October 23, 2019, 11:14:40 AM
I don't think there is a bad day for the cryptocurrency world, the potential benefits and opportunities of having a bad day can be overwhelming because usually when prices fall many will consider it a bad day, even though it is a very good day because you can buy coins when prices are cheap, traders experienced will surely take advantage of moments like this.

although a bad day is a good day for experienced traders but still, when a big bearish happens it is a bad day like now the chart is very down. if you think this decline is a good day then at least this falling price will not happen so deep, because when dumping there will be many people who panic over their assets that tend to support for greater dumping due to panic sale and surely this is a situation that very bad
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 22, 2019, 01:30:14 PM
Undoubtedly, the current price indices for rating cryptocurrencies are much higher than they were at the end of 2018.  Nevertheless, only Bitcoin and Ethereum can be considered good indicators, which have improved since the beginning of 2019, but in relation to all other cryptocurrencies, there is still a bear market.
I do not see the reason why we should watch other coins other than bitcoin and ethereum, I know there are other good projects out there but the sheer size of those two projects dwarfs the rest of the market, so if you see an important movement on bitcoin it is likely all the altcoins including ethruem are following it closely, and if you see an important movement in ethereum and bitcoin is the one following it then most likely we found ourselves in an altcoin season.
sr. member
Activity: 859
Merit: 251
October 22, 2019, 12:30:11 PM
Today's market is still in bearish state so we don't know when it will start to rise. And i think it is best to accumukate XRP today since its dominating the market and it is not going down below its current vslue today.

I'm thinking if the market will keep going down within the end of this month or it will start to going up before this year end. And i am just hoping that i will be able to buy more bitcoin before it start the bullrun.

You should actually start buying bitcoin now. You should use dollar cost averaging where you start buying 10% of intended purchase around current price, 30% if it drops to $7,000, another 30% if it drops again to $6,000. Now if the trend looks to be reversing, buy every dip.
sr. member
Activity: 1372
Merit: 264
October 22, 2019, 10:37:56 AM
Today's market is still in bearish state so we don't know when it will start to rise. And i think it is best to accumukate XRP today since its dominating the market and it is not going down below its current vslue today.

I'm thinking if the market will keep going down within the end of this month or it will start to going up before this year end. And i am just hoping that i will be able to buy more bitcoin before it start the bullrun.
sr. member
Activity: 1400
Merit: 269
October 22, 2019, 09:15:18 AM
      ~snip~

Many of us notice the attempt of increase for bitcoin price, unfortunately it was just a false alarm that leads everybody to fall of a sudden trap.
that is a very sad but true many of investors mostly trapped from the fake pump so better for us to wait for the real bullrun and not those created by whales to bag another big amount of money
Quote
The spikes showed amazing motivations, but somewhat devastating after market fell down until $7k to $8k range. Huge profits is our aim for now, so then patience is our key towards achieving our goals and wait for the promising price to come.

nope i a not aiming for huge profit now instead i am aiming for a huge adoption from the masses because with this permanent income will be on ours and not pump and dump scheme that came from huge investors
member
Activity: 207
Merit: 11
October 22, 2019, 08:06:56 AM
There were worst days for crypto. BTC dominate the market and alt coins cannot do anything alone at current market conditions.

After long bear market we saw some green days after Q1 to end of Q2..

And last 2-3 months we are living in a bloody market. By the way red market give good opportunities for traders. And also good opportunities for investors who focus on top ranked coins.
You were right, the worst days for crypto were when bitcoin rose rapidly in dominance and took away all capital to maintain the value of altcoins, many altcoins have lost their true value, more precisely, bitcoin has helped those altcoins fall into a hopeless past and have no chance of returning. And whether we like it or not, we also overcome the worst case scenario so we can move on in the crypto world, blood can appear a lot, but green will still appear, based on our knowledge to make money from those bloody things, recover from the bad days.
hero member
Activity: 924
Merit: 505
October 22, 2019, 07:52:41 AM
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?
All we have to do is wait if before end of this year will bitcoin grow up again in $20000.
But now bitcoin price so down. This situation are very lonely some are investing are investing in altcoins.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
October 22, 2019, 07:22:47 AM
Compared to 2018 when bitcoin prices plunged freely, now there is actually a pretty good recovery for bitcoin, although now it is back down but this is only slightly compared to 2018 yesterday. Personally I also can not predict whether the end of the year bitcoin can reach a price of $ 20,000, we will see from a few predictions about bitcoin later this year
This year at least the price of bitcoin has experienced a significant increase. even if we see 2x times since the lowest point of bitcoin at the end of 2018 in the middle of 2019 it even reached 3x but it is currently experiencing a decline. we should be satisfied with the current conditions where getting huge profits from bitcoin

Many of us notice the attempt of increase for bitcoin price, unfortunately it was just a false alarm that leads everybody to fall of a sudden trap. The spikes showed amazing motivations, but somewhat devastating after market fell down until $7k to $8k range. Huge profits is our aim for now, so then patience is our key towards achieving our goals and wait for the promising price to come.
sr. member
Activity: 1162
Merit: 258
1xbit.com
October 22, 2019, 03:43:49 AM
Compared to 2018 when bitcoin prices plunged freely, now there is actually a pretty good recovery for bitcoin, although now it is back down but this is only slightly compared to 2018 yesterday. Personally I also can not predict whether the end of the year bitcoin can reach a price of $ 20,000, we will see from a few predictions about bitcoin later this year
This year at least the price of bitcoin has experienced a significant increase. even if we see 2x times since the lowest point of bitcoin at the end of 2018 in the middle of 2019 it even reached 3x but it is currently experiencing a decline. we should be satisfied with the current conditions where getting huge profits from bitcoin
newbie
Activity: 30
Merit: 0
October 21, 2019, 11:48:04 PM
just wait until next year. easy life
sr. member
Activity: 1414
Merit: 260
October 21, 2019, 04:28:06 PM
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?
For now we dont know yet if the bitcoin will be rise in $20000 in this end of year because as you can see bitcoin are on dip price and it was hard to recover for bitcoin. And we hope so can find a way of bitcoin rise again and be followed by some altcoins, It was to long for the altcoins for always drop the price so maybe it is the time for now of altcoins to recover in this year.
There's uncertainty if $20k price of bitcoin is achievable this year, if not possible by next year. Once more demands on bitcoin price could achieve. Agree with altcoins price this is hardly to recover for more months now but I think there’s a time both for bitcoin and other crypto to soar high the price again.
And thats what we waiting for those two will together be rise have chances to reach a higher price. But all we need for now is watching the price on when be recover again. I know we are excited to trade some of our bitcoin or altcoins we have but it is not time for now to trade at the price like that we cant earn profit to trade some small price.
sr. member
Activity: 658
Merit: 251
October 21, 2019, 04:25:53 PM
Crypto has an "phase" when to pump and dump. crypto is on consolidation for long enough now
yeah it makes trading so bored, no hard pump and dump, but that's the way it is
in the next halving (expected in May), many people believe that we see the big move in crypto. There are many PnD that makes us excited
it makes people Fomo and follow it. the result is clear, the market goes more crazy Shocked
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
October 21, 2019, 12:02:51 PM
Compared to 2018 when bitcoin prices plunged freely, now there is actually a pretty good recovery for bitcoin, although now it is back down but this is only slightly compared to 2018 yesterday. Personally I also can not predict whether the end of the year bitcoin can reach a price of $ 20,000, we will see from a few predictions about bitcoin later this year
Predictions based on analysis can actually be done and it clearly provides data that bitcoin if you want to touch at that point is not easy and it is difficult. has doubled in the past 2 months. there must be a relentless upward trend of bitcoin to achieve this point
hero member
Activity: 2982
Merit: 610
October 21, 2019, 03:32:58 AM
Compared to 2018 when bitcoin prices plunged freely, now there is actually a pretty good recovery for bitcoin, although now it is back down but this is only slightly compared to 2018 yesterday. Personally I also can not predict whether the end of the year bitcoin can reach a price of $ 20,000, we will see from a few predictions about bitcoin later this year
But its still not considered as a good year so far.

When only bitcoin is recovering, I don't see it an improvement of the market in general, an improvement on bitcoin should also result some positive movement of altcoins market and thus far I am not seeing it yet, yes, there are some altcoins who have recovered but they are not even 5% of the entire altcoins in the market.
hero member
Activity: 736
Merit: 504
October 20, 2019, 01:27:19 PM
There were worst days for crypto. BTC dominate the market and alt coins cannot do anything alone at current market conditions.

After long bear market we saw some green days after Q1 to end of Q2..

And last 2-3 months we are living in a bloody market. By the way red market give good opportunities for traders. And also good opportunities for investors who focus on top ranked coins.
hero member
Activity: 1008
Merit: 500
October 20, 2019, 12:31:00 PM
Undoubtedly, the current price indices for rating cryptocurrencies are much higher than they were at the end of 2018.  Nevertheless, only Bitcoin and Ethereum can be considered good indicators, which have improved since the beginning of 2019, but in relation to all other cryptocurrencies, there is still a bear market.
Bitcoin has experienced a fantastic increase in prices when we look at the 2018 chart where that is where the trend of falling prices from bitcoin and now shows a positive direction where 3x the current price is now able to be reached by bitcoin
The trend of rising Bitcoin prices is already visible, after a very drastic decline in 2018 ago, now the dominance of Bitcoin is also still strong so that it can make the price of Bitcoin will continue to hold the peak of dominance in the world of Crypto, while for Altcoin I see no significant increase in price.
sr. member
Activity: 859
Merit: 251
October 20, 2019, 12:13:54 PM
some new tarders may indeed consider the fall in cryptocurrency prices to be a nightmare and a bad day but for older traders who already have a lot of experience, the collapse of cryptocurrency prices at the exchange provides a good opportunity to buy coins at low prices by utilizing panicked traders.
The top traders tend to buy when the market has a big collapse because it is a great opportunity to make a profit and after the price drop there will be a lot of good rebound at that coin. I often do this to make money and in October the great volatility of Bitcoin helped me make a lot of profit in a short time. Of course there will still be times when I feel nervous and sometimes I lose more than 30% of profits in just one hour.

During that time you might be scared but keep calm because the crypto market will certainly be very promising in the future so there's no need to worry too much.

It's easy to say: "Oh, the price is crashing, many traders are panicking and selling at a loss. It is a great time to buy!" But the problem is when and what price to buy. You could buy now and then the price suffers another 50 - 60% loss. That will put you with the bagholders of higher buy-in prices. The secret is discerning when to buy by using some form of chart analysis.
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