I think that cryptocurrency will still show itself. The other day I saw several graphs of technical analysis of the value of Bitcoin and Ethereum, and I want to say that in the next few years, cryptocurrency should not only return to the past peaks and show new ones. The main thing is not to forget about the diversification of investments. I invest in a top 10 coin and several promising newbies like Sound Money Coin.
In any case, today there are some new projects that give hope to many users of cryptocurrency, who actually give their consent to invest in these projects. I also prefer certain companies in which I am sure, but it seems to me that the risks are still present, especially with the current state of the cryptocurrency market. 
Topic: Can we just point out the obvious? - page 2. (Read 445 times)
I think that cryptocurrency will still show itself. The other day I saw several graphs of technical analysis of the value of Bitcoin and Ethereum, and I want to say that in the next few years, cryptocurrency should not only return to the past peaks and show new ones. The main thing is not to forget about the diversification of investments. I invest in a top 10 coin and several promising newbies like Sound Money Coin.
OP is fear mongering, crypto will rise again. Anybody can see this.
I'll put big money in cryptocurrency if there are many peoples or many merchants who use cryptocurrency as payment system, maybe it will bring a lot of profit for long term or also for short term. But if I put big money just there are a country or even SEC approve/accept bitcoin then I won't do that. These things just for short term investment, I'm not hypocrite to say that if SEC accepted cryptocurrency will makes the price up drastically but it's just temporaly.
Yeah you and thousands of other people say this, but anyone who really believes in long term adoption and actual utility, they're the ones not only putting money in big but using the crypto every day and testing it and spending it.
And would they really care about SEC decisions or what countries do? No. The true crypto believers do what they do, regardless of everything going on around. It's not about if states make it profitable. It's about ideals.
So yeah, it's obvious, but few people will admit it.
The truth still remains that bitcoin is going to grow and the current price no matter how we path it is still very low compare to the technology behind the cryptocurrency. I don't think it is wrong for people to be told that bitcoin is still going to increase in price and investing in it is a right investments decision because it is certain bitcoin is going to increase in price and get pump as it has happened in the past. Many of this type of comments were made in 2015 and 2016 and I could still remember some people said bitcoin will never get to $1000 but in 2017 December it went as high as $20,000! I believe in the future of the cryptocurrencies market and this hard reset will not change anything.
I'll put big money in cryptocurrency if there are many peoples or many merchants who use cryptocurrency as payment system, maybe it will bring a lot of profit for long term or also for short term. But if I put big money just there are a country or even SEC approve/accept bitcoin then I won't do that. These things just for short term investment, I'm not hypocrite to say that if SEC accepted cryptocurrency will makes the price up drastically but it's just temporaly.
Truth. I could say that normal hyped shillers are giving huge financial advices on beginners with no responsibility on what they are telling. It's not the way to push global adoption, I think only bitcoin/cryptoccurencies could prove it by serving real use case.
Telling lies to others is not ethic,first of all. Global adoption is beginning of the cycle and cycle's other side is very dark. After so many scam projects it is not easy to convince the investors to come and invest in to new ideas in crypto industry.Truth. I could say that normal hyped shillers are giving huge financial advices on beginners with no responsibility on what they are telling. It's not the way to push global adoption, I think only bitcoin/cryptoccurencies could prove it by serving real use case.
Telling lies to others is not ethic,first of all. Global adoption is beginning of the cycle and cycle's other side is very dark. After so many scam projects it is not easy to convince the investors to come and invest in to new ideas in crypto industry. 
Even if a long downturn of bitcoin was still performing in the market, we cannot still give up and we keep on fighting. We have also downsides whenever we lose our money but let us just stay focused and stay positive. Not all days are bad, we can still wait our lucky days. Sometimes, we tend to fall for the fud but let us learned from our previous mistakes and go on.
Good days are coming and don't let yourself be influenced by those people that seem to lie with what they are saying. It's better to do your own research before conducting a decision making on what you'll do about buying or selling.Optimistic idea is fine as we're all hoping for those days to come back, the good old days, the bull run that we have met before. Invest what you afford to lose and always rely on yourself when you are making decisions.
Even if a long downturn of bitcoin was still performing in the market, we cannot still give up and we keep on fighting. We have also downsides whenever we lose our money but let us just stay focused and stay positive. Not all days are bad, we can still wait our lucky days. Sometimes, we tend to fall for the fud but let us learned from our previous mistakes and go on.
Prices are bad at the moment and continue to fall. But I don't think crypto has had its day, I think there is plenty more including new highs to come. But it is certainly not good at the moment, and I would not advise people to buy in whilst prices are still in freefall.
So a lot of us have these highly optimistic views towards crypto and bitcoin, this is fuelled by nothing more than the desire to make money from something which has had it's day.
First before we go telling new people to buy now can we just stop and think about the impact you would feel if a selfish person gave you bad advice and you ran with it? Now what if a group are telling you? You'll lose complete confidence in the market you're trading on and likely move on with a sour taste.
No one on here has any idea when things will turn and it's all hope and optimism with no basis, we need a reason for things to turn and currently we don't have a reason, the big investors that pushed the price up did so because they had faith in where this technology could go, but sadly 2017 demonstrated a big failure in one of the most important areas being efficiency, if those recall how expensive bitcoin transactions got and how slow they became late 2017 you'll get this point and understand why we crashed, as it is now Bitcoin still has these issues and cannot scale well, we have solutions in the works like lightning network and other altcoins working on scalable solutions, but where it stands now we have no reason to go up, so please stop telling people it's about to change.
It's still not a bad time for beginners to put in a small amount and learn via day trading and research, I recommend doing so..but I do not recommend throwing big money at anything right now.
Myself I'll throw more money in when I see a successful roll out of the lightning network taking place, if we can get past the efficiency issues confidence will grow, I'm still optimistic long term in the tech but we have a bit of a way to go.
I'm sure some will disagree with this but the main point stands, we're being unmoral pushing advice we know isn't true.
So this is the case of everyone agree with the statements of others or not. And why do you think that it has already gone through its day. A young technology with a perspective, just need to give the right push now and create regulation and that's it. First before we go telling new people to buy now can we just stop and think about the impact you would feel if a selfish person gave you bad advice and you ran with it? Now what if a group are telling you? You'll lose complete confidence in the market you're trading on and likely move on with a sour taste.
No one on here has any idea when things will turn and it's all hope and optimism with no basis, we need a reason for things to turn and currently we don't have a reason, the big investors that pushed the price up did so because they had faith in where this technology could go, but sadly 2017 demonstrated a big failure in one of the most important areas being efficiency, if those recall how expensive bitcoin transactions got and how slow they became late 2017 you'll get this point and understand why we crashed, as it is now Bitcoin still has these issues and cannot scale well, we have solutions in the works like lightning network and other altcoins working on scalable solutions, but where it stands now we have no reason to go up, so please stop telling people it's about to change.
It's still not a bad time for beginners to put in a small amount and learn via day trading and research, I recommend doing so..but I do not recommend throwing big money at anything right now.
Myself I'll throw more money in when I see a successful roll out of the lightning network taking place, if we can get past the efficiency issues confidence will grow, I'm still optimistic long term in the tech but we have a bit of a way to go.
I'm sure some will disagree with this but the main point stands, we're being unmoral pushing advice we know isn't true.
Truth. I could say that normal hyped shillers are giving huge financial advices on beginners with no responsibility on what they are telling. It's not the way to push global adoption, I think only bitcoin/cryptoccurencies could prove it by serving real use case.
I think all of this is a very natural thing that happened in the world of commerce. New people entering the crypto world were, of course, interested in big profits. But the Crypto market is very difficult to predict and like in 2017 to repeat it will definitely be difficult. But I am sure if this can happen again in the future.
No one has any idea if the market would turn - sure, nobody does indeed. But there's also a few obvious things:
1. The bubble was absolutely obvious, everyone and their dog putting their live savings for easy profits, and impatiently waiting no more than a week before they gave up. Didn't sell everything at the top, but sold a decent chunk around it, and many others did.
2. Prices do bubbles and crashes, but technologies just keep getting steadily better. The scene is improving, alts are no longer copy+paste shitcoins, there's competition and opportunities.
3. Everyone now learned TA so everyone is reading the same signals and reacting to them. This makes short-term market moves predictable. You can profit off daytrading.
So my above 3 points are enough for me to continue dedicating time to crypto.
1. The bubble was absolutely obvious, everyone and their dog putting their live savings for easy profits, and impatiently waiting no more than a week before they gave up. Didn't sell everything at the top, but sold a decent chunk around it, and many others did.
2. Prices do bubbles and crashes, but technologies just keep getting steadily better. The scene is improving, alts are no longer copy+paste shitcoins, there's competition and opportunities.
3. Everyone now learned TA so everyone is reading the same signals and reacting to them. This makes short-term market moves predictable. You can profit off daytrading.
So my above 3 points are enough for me to continue dedicating time to crypto.
of course people can already see it, nothing is covered they can see the chart directly, they can see a drastic drop in prices from the end of 2017.
and in my opinion this is the best opportunity to buy because the value of bitcoin fell 80% from ATH at that time.
and in my opinion this is the best opportunity to buy because the value of bitcoin fell 80% from ATH at that time.
The finance market is emotional based and people and makes money on how they can manage their emotions. If you are wise you will not followed the manipulation but you will follow your own personal analysis and investments plans. The obvious is that this market has a lot of factors that control it and one of those factors is manipulation and fake news and we must start to see them as real because that is what control the market.
First before we go telling new people to buy now can we just stop and think about the impact you would feel if a selfish person gave you bad advice and you ran with it?
But the fact is that is not bad advice. Actually is most likely best advice this people will get in their lifetime. Bitcoin reached bottom 5 weeks ago or is close to the bottom in near future. A year after bottom will be reach bull market will be in full swing. Buying after that moment takes some knowledge. Buying now just takes courage.
This is all correct technology is good, but so far raw and young and can not show the ideal conditions. Now the main thing is not to lose the strongest adherents, so that later will not dangle in constant weightlessness and impermanence.
but that is just you. for example when i heard about bitcoin i never even thought about making money. the first thing i thought about was that it is so cool to be able to make a payment online without needing credit cards, paypal, etc.
then the profit came later when i saw the price shooting up.
and to this day i have never encouraged anybody to start with bitcoin because of its monetary gain!
as for the future, it is not at all hard to predict it. i can tell you what is going to happen right now and you can bookmark this and come back to it in a couple of years like in 2024 and see how my prediction was.
i see bitcoin growing a lot more than this, by grow i don't mean "only in price" but mostly in adoption. you will see it being used in a lot of places online and offline. and obviously price will be at least $100k by then.
90% of the altcoins you see today will not even exist in 5 years from now. 100% of the ICO tokens will be dead. the top 10 coins that you see today will be completely different in 2 years and different in another 2 or 3. so in 5 years top 10 will have been changed 2 times.
then the profit came later when i saw the price shooting up.
and to this day i have never encouraged anybody to start with bitcoin because of its monetary gain!
as for the future, it is not at all hard to predict it. i can tell you what is going to happen right now and you can bookmark this and come back to it in a couple of years like in 2024 and see how my prediction was.
i see bitcoin growing a lot more than this, by grow i don't mean "only in price" but mostly in adoption. you will see it being used in a lot of places online and offline. and obviously price will be at least $100k by then.
90% of the altcoins you see today will not even exist in 5 years from now. 100% of the ICO tokens will be dead. the top 10 coins that you see today will be completely different in 2 years and different in another 2 or 3. so in 5 years top 10 will have been changed 2 times.
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