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Topic: Bad days for crypto - page 29. (Read 61759 times)

full member
Activity: 515
Merit: 101
August 08, 2019, 09:30:34 PM
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
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
August 08, 2019, 08:29:45 PM
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.
full member
Activity: 213
Merit: 103
August 08, 2019, 07:30:05 PM
On July 2017, price of bitcoin was around $3000, in December 2017, Bitcoin got the new ATH of $20000, therefore, I think it's possible to reach $30k by the end of this year.

Don't want to sound negative but we kept saying this line since 2018 when BTC reached ATH then value goes down after couple of months.

The value of BTC at the moment isn't bad and yes, let's hope that it'll reach its ATH again this year or so as long as the crypto market is doing good.
sr. member
Activity: 2436
Merit: 343
August 08, 2019, 05:29:46 PM
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.
That is what we call it to cause and effect relationship.
It is noticeable that the market turns into different, a lot of altcoins becoming out of the race and even not helping anymore. Investors never look into altcoins and never consider as profitable rather than to choose Bitcoin. It really gives a huge impact and people never want it as they are still holding one of them. 
hero member
Activity: 2730
Merit: 632
August 08, 2019, 05:08:53 PM
Achievable and possible but many have doubts that it will. We can take a guess and how much would be by this year but we have to be aware that this market is volatile and each price is reachable, low and high.

I think if the price of  20,000 USD at the end of year it will be easy. there are lots of bitcoin events that make bitcoin go up like accepting bitcoin and facebook making cripto will invite many new investors.
It won't be easy as what you say, there will be more correction and people will start selling if we reach certain highs again like $13k, $14k and so on.


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.
member
Activity: 854
Merit: 10
August 08, 2019, 04:42:15 PM
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.
member
Activity: 350
Merit: 10
August 08, 2019, 04:23:53 PM
I believe that in the world of cryptocurrencies, not everything is as bad as you describe here.  Bitcoin has risen to a certain level and holds this price.  In my opinion this is excellent.  Altcoins quietly also go up.  Accept that the world of cryptocurrencies is unpredictable and can raise very unexpected prices.
Apparently, most cryptocurrency users express their concern, which they give out as forecasts for the future.  You can not pay attention to this constantly and even more so take this information into account.  Since what is happening on the cryptocurrency market is friendly to submit to analysis, this is why there are such statements.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
August 08, 2019, 03:54:16 PM
Achievable and possible but many have doubts that it will. We can take a guess and how much would be by this year but we have to be aware that this market is volatile and each price is reachable, low and high.

I think if the price of  20,000 USD at the end of year it will be easy. there are lots of bitcoin events that make bitcoin go up like accepting bitcoin and facebook making cripto will invite many new investors.
It won't be easy as what you say, there will be more correction and people will start selling if we reach certain highs again like $13k, $14k and so on.

copper member
Activity: 168
Merit: 0
August 07, 2019, 11:29:13 PM
So with this you still call it not achievable ? Starting from the first daybof the year no one ever believe it will hit the current price by this time and going beyold $20k at the end of the year is very much achievable as no one know what could be the next thing in crypto, am only concern about the dominance of btc in the market as it can't continue like this and alts keep losing to really achieve that , so I think we need some reset in the market .
sr. member
Activity: 1092
Merit: 255
August 07, 2019, 10:56:17 PM
I think if the price of  20,000 USD at the end of year it will be easy. there are lots of bitcoin events that make bitcoin go up like accepting bitcoin and facebook making cripto will invite many new investors.
full member
Activity: 630
Merit: 103
August 07, 2019, 07:57:25 PM
Not for Bitcoin currency as i think that some Altcoin holders are now moving to Bitcoin that is why Bitcoin domination is still there although slowly but surely as we can see that the price continue soaring while most of the Altcoins are continue falling so i think bad days for Altcoins is the key word? What do you think?
hero member
Activity: 2408
Merit: 584
August 07, 2019, 03:41:01 PM
I'm sorry, but what on earth makes you think that we are in "bad days"?
The market this year has gone up more than 300%!
If you have this mentality that unless it goes up 1000%, then it's bad, then you will probably never get much profit.

For btc, the price fluctuations you mentioned are totally normal.
Look at the percentages, because bitcoin is such a high price even just 1% increase/decrease will move the price substantially.
But it always recovers.
The only thing I would consider bad is if btc crashed again down to $3500.
Which, in case you forgot, was where it was at just last december.
Agree here bitcoin is the best coin it has good value in market and it will become good in future as well. When bitcoin starts rising then it teaches the highest price. I will not say bitcoin is gold because gold is not having such value in investing market but bitcoin is number one forever that’s why I like bitcoin the most.
sr. member
Activity: 1428
Merit: 251
August 05, 2019, 02:20:03 AM
Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

Today the price of bitcoin registered an increase of more than 5% and was already at $ 11500. I think, the price of bitcoin could have broken the $ 20k at the end of the year seeing the market cap value continue to rise in recent months. Right now, many altcoins are depressed by the strengthening of bitcoin and I think this is an opportunity to buy altcoin that is in the top 10 coinmarketcap
sr. member
Activity: 777
Merit: 251
August 05, 2019, 12:05:53 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?

Yes 20, 000$ each for Bitcoin is really achievable this year. In fact, I read in the social media sites just don't know the link of the articles were it is said that Bitcoin according to the experts by next year its price will goes up more than 20k$. So far the price of BitcoinBTC was 11, 568$ according to coinmarketcap https://coinmarketcap.com/currencies/bitcoin/.
hero member
Activity: 1246
Merit: 501
August 04, 2019, 11:07:34 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?
Today is good day for bitcoin, please keep positive mind in your head and spread out in our community and lets make history repeat again BTC gonna moon like 2017 Grin
full member
Activity: 1232
Merit: 186
August 04, 2019, 10:52:12 PM
[snip]
At this end of the day we can see prices continue to rise and reach 11k and it looks like a bad day might be passed easily. Talking about the 20k prediction at the end of the year, it seems that it will not be achieved if market conditions continue like this which is very difficult to get a 100% bullish trend.
As of now btc's price is currently $11.5k+ and continue increasing, that was a good news tho. I'm just not sure when the price hike lasts. But in contrary, I'm also not expecting that we can hit $20k this year. I'm getting a little bit skeptical because the pace of improvement was slow. But well, -ber months is now approaching so we can expect btc to soar even further and I think we can considered ourselves lucky if we able to reach $15k to$17k before December ends Smiley.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
August 04, 2019, 05:57:52 PM
Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?
At this end of the day we can see prices continue to rise and reach 11k and it looks like a bad day might be passed easily. Talking about the 20k prediction at the end of the year, it seems that it will not be achieved if market conditions continue like this which is very difficult to get a 100% bullish trend. But if this fluctuation can be suppressed and the increase that continues to occur maybe we will get good grades at the end of the year even though it is not an achievement in 20k.
full member
Activity: 371
Merit: 100
August 04, 2019, 05:44:16 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?

AS long as the year not ending it is achievable.
But we can;t expect it to what we want as it is depending always on the demand from the people.
We can also see a below 5,000 USD each if there will be a massive dump. we dont know unless it comes.
full member
Activity: 896
Merit: 108
August 04, 2019, 05:41:53 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?

actually, this is not too bad if altcoin prices also move up. bitcoin stable at $ 10k is not a problem at this time if altcoin volatility is high, we can use the moment of the pump and dump altcoin to increase the number of BTC. but what happens now if bitcoin goes down altcoin also goes down, but if the price of bitcoin goes up altcoin doesn't go up and the price stagnates.

for the price of bitcoin at the end of the year reaching $ 20k or not, we can see the supply and demand. if the demand is increasing, I believe I can reach $ 20k, considering that in the middle of 2020 BTC will experience halving.
copper member
Activity: 210
Merit: 0
KNL Ecosystem - Invest. Trade. Earn.
August 04, 2019, 03:32:24 PM
It is just the matter of time until the market is going to improve. Everything speaks for an upcoming bullish trend, we just need to be patient and save our altcoins for better times. Do not sell low and wait for the market improvements.
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