Topic: Chinese new year - page 3. (Read 1089 times)
The big falls on the big holidays. Investors are investing in cash.
With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities
From my analysis the crypto market was affected when coming to the Chinese New year and after this comes to pass people should expect prices to rise as the chinese will be back on the market and demand and price will rise as they will be off their holidays. 
With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities
I think that there is no any correlation between Chinese New Year and the behavior of the market. I still can't understan why so many people think that the last fall was caused by Chinese NY. It's silly))
Probably not.
The down thing for lunar year is all over I guess. After the holiday ends, you can expect some rises.
I guess.
The down thing for lunar year is all over I guess. After the holiday ends, you can expect some rises.
I guess.
Yeah i do belive that it will have some efect but not so much,btw new chinese year is year of the dog so we can put that teory to the test if china start buying large amounts of doge coin 
Anyway almost all markets have correction in february
Anyway almost all markets have correction in february 
Why is everyone so worried about the Chinese New Year? It absolutely does not affect the cryptocurrency market at all, there are more fundamental events and things that move the market. 
They made it harder with the crack down in China to invest in bitcoins. I think there will be some recovery but not as large as an effect as in past years. Since many people will not be able to or find the time to get around the ban on bitcoin in China.
With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities
I think after the chinese new year bitcoin and other altcoins will going to moon.
Can't really say that CNY is the main impact power, but the most important point is every year at this period of time the cryptomarket badly goes down. You can just look at different years graphics and you will immediately notice that there is a consistent pattern.
That's ridiculous. Chinese new year won't affect the markets much this year , don't you not remember China has banned exchange of crypto currencies?
Markets are already down but at the moment they are in recovery phase. Boy did the markets not have a swing yesterday. People chicken out too soon.
china just banned over sea trading so a lot of people are probably gonna use exchanges based in Hongkong as the Chinese consider themMarkets are already down but at the moment they are in recovery phase. Boy did the markets not have a swing yesterday. People chicken out too soon.
as a part of China so Binance or Kucoin could get a larger pump since all the chinese are probably gonna switch over
so its not completely banned
China is big but I do not believe it or Chines New Year will influence crypto rate
Agreed, even last year when christmas is almost there the prices of most coin got pumped up, i think there is no connection that much with these global events since there's a lot of people remaining that are still in crypto game, it's like excluding all chinese investors during that time there will still a million of traders and investors that are actively doing crypto trading. 
With the Chinese New year coming, who believes that the crypto market with go down again? Speculating on whether to hold out to purchase more of some altcoins such as VIB, XVG, and looking at other possibilities
Lunar New Year, exciting topic! In Vietnam we are the traditional Tet. Everyone is well prepared to welcome a prosperous New Year filled with joy and happiness. It is possible that people will suspend bitcoin for several days. Personally, I still spend my time with bitcoin every day.
China is big but I do not believe it or Chines New Year will influence crypto rate
Chinese new year is like our christmas. My wife is chinese and we will celebrate. I know from a few of their friends, that they have taken profits already in january.
So it probably won't go that much lower, but instead after that we might see a big surge in volume again. So just hodl guys, we are going up very soon I guess!
So it probably won't go that much lower, but instead after that we might see a big surge in volume again. So just hodl guys, we are going up very soon I guess!
Chinese new year has nothing to do with market crash. Market crash because it has been goes up too high in december 2017 and now its time to goes down but we will see strong support on $8000 if we break that support we will goes to $6000 but it is still above last year so i dont care about crash to that price. I start buying when bitcoin price is $500.
I think you are wrong - chinese new year was one of the reason of recent dip, 100%. I read that people in east Asia spend every year around 100 billions USD for this lunar new year!! And some portion of this money was withdrawn from crypto - there is a dip in January every year and it is because of it!!
the market is already in the green zone, I think after the Chinese new year we will return to the indicators for January 1
The market has already fallen very much. Most chinese holders also have the red. Large holders closed their positions in December 2017. The current holders will not come out. This already have no sense.
Only hodl!)
Were not so sure what will happen in the market after Chinese New Year. Maybe after Chinese New year will be the start of the cryptocurrencies to be in green days. Yes so hold a better things will await us. Only hodl!)
the market will fall every time the Chinese new year coming and this year is no exception, but i believe the market will rise in two or three months, there are so many people getting involved in blockchain world now!
After the Chinese new year seems the investors will come back and make the price of coins will soar again, we just wait for continuation after Chinese new year like what.
It is true that there are some same cycles every year. Period before Chinese new year is one of them.
But everyone should ''feel'' the market and invest wisely.
But everyone should ''feel'' the market and invest wisely.
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