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Topic: Chinese new year - page 5. (Read 1142 times)

full member
Activity: 560
Merit: 100
February 04, 2018, 07:00:30 AM
#34
Chinese New Year have massive impact on market.
There is no need for FUD ,just to take advantage of this situation and start purchasing!
full member
Activity: 253
Merit: 100
February 04, 2018, 06:26:24 AM
#33
For me, it doesnt matter wether this chinese new year will affect the market or not.
Because rightnow the market is allready down. Lets take this big drop in market as a chance for us to buy some crytos that are good wether it is a long term or short term investment.
Always be patient because after this big drop, big rise will comback.
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
February 04, 2018, 06:08:50 AM
#32
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 the Chinese New Year has a minimal impact on the price of BTC and the market behavior. I guess there is no correlation between this holiday and the fall of the crypto market. People just want to justify the falling somehow.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
February 04, 2018, 06:00:11 AM
#31
Look at the 4 last past years. The dip happened like 20 days before chinese new year so i think the crash is already done for this year.

Ya true.As like the past years, this time also huge dump in price is happened. So now the time is for pump,so the price will reach greater than 10,000 soon.As we know the Chinese new year on 16th February, the price of bitcoin will reach 15,000$ .Even in crypto news,they stated bitcoin will reach 15,000$ on 18th February.
I'm not sure about your speculation, it seems the market still get another bearish and then as you can see market goes to the another dip again. It will be so difficult to get recover. But the official instituion seems to be a serious problem to the crypto because a lot of them are against crypto right now. Only some were friendly with crypto.
full member
Activity: 728
Merit: 103
February 04, 2018, 05:33:09 AM
#30
Look at the 4 last past years. The dip happened like 20 days before chinese new year so i think the crash is already done for this year.

I think you are right, the crash has lasted for quite a long time now. Anyone who wanted cash for the Chinese new year celebrations would have already cashed out by now. They won't get much by doing it now, market is already down. Also you should remember that many young people receive money at this time and they will invest it in crypto - for this reason the market will go up and everything will go back to normal
sr. member
Activity: 1456
Merit: 253
Margin Trader
February 04, 2018, 05:21:26 AM
#29
So, we will check if market really goes deeper within month. I assume this possible decrease as a chance to accumulate big position for reasonable price
hero member
Activity: 1305
Merit: 511
February 04, 2018, 04:25:43 AM
#28
Look at the 4 last past years. The dip happened like 20 days before chinese new year so i think the crash is already done for this year.

Ya true.As like the past years, this time also huge dump in price is happened. So now the time is for pump,so the price will reach greater than 10,000 soon.As we know the Chinese new year on 16th February, the price of bitcoin will reach 15,000$ .Even in crypto news,they stated bitcoin will reach 15,000$ on 18th February.
newbie
Activity: 8
Merit: 0
February 04, 2018, 04:21:01 AM
#27
The markets are all down, after this will start to be again green
member
Activity: 350
Merit: 10
February 04, 2018, 02:58:46 AM
#26
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

This coming chinese new year I believe that crypto market will not go down. Instead I was hoping that crypto coins will goes higher again and will not drop off. After this big fall of bitcoin I guess this rate will goes higher.
full member
Activity: 783
Merit: 100
February 04, 2018, 01:51:28 AM
#25
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
Chinese new year will definitely affect the price of cryptocurrency. whether it has increased or decreased, with that we can make sure to buy some coins in large amounts for investment if at the time of new year china drastically decreased in price. we can prepare from now on.
jr. member
Activity: 187
Merit: 2
February 04, 2018, 01:16:42 AM
#24
Chinese new year after all the coins will go up, that's what many people say. Yet we look at just how the influence of the Chinese new year the price of coins in the future if it did have good news hopefully will become a reality.
sr. member
Activity: 1512
Merit: 316
February 04, 2018, 12:51:20 AM
#23
Look at the 4 last past years. The dip happened like 20 days before chinese new year so i think the crash is already done for this year.

Every new year has a new start and this year will not be a different one. As new year bring new luck so after each passing year the market has become more stronger in last 5 years and this year it will be much stronger and better than previous years. So the good time has started for the crypto currencies and market is already recovering the past dips now.
sr. member
Activity: 1148
Merit: 251
February 04, 2018, 12:19:43 AM
#22
Look at the 4 last past years. The dip happened like 20 days before chinese new year so i think the crash is already done for this year.
Many speculation what will happen on the market after chinese new year. I hope their is good news in btc price in the market the price would increase because from the previous days btc has drops so huge. So I hope btc will increase after chinese new year.
newbie
Activity: 9
Merit: 0
February 04, 2018, 12:04:52 AM
#21
Look at the 4 last past years. The dip happened like 20 days before chinese new year so i think the crash is already done for this year.
newbie
Activity: 43
Merit: 0
February 04, 2018, 12:02:32 AM
#20
I think Chinese people are very thrifty and they are not gonna cash out that much IMO.
full member
Activity: 175
Merit: 100
Hoqu.io – Decentralized Affiliate platform
February 03, 2018, 11:56:28 PM
#19
Chinese like to hold on to their investments not cash out for small luxuries. However the bigger players are another story.
jr. member
Activity: 130
Merit: 5
February 03, 2018, 11:37:28 PM
#18
It is not always the case, sometimes the market react different from what others think. Just like what happen last Friday February 2. When almost I read in the forum that they will cut their losses, the market suddenly when up last Saturday. The human behavior on investing is very complicated the obvious move becomes hard to predict. I will predict that during Chinese New Year the altcoins will go Up.
member
Activity: 392
Merit: 10
February 03, 2018, 10:20:39 PM
#17
Many say the Chinese new year after the coin prices will soar, whether this is true or just the presence of so many issues just that fall nobody knows. but the current price at the low point of the coin all and a great time to buy.
member
Activity: 266
Merit: 60
February 03, 2018, 10:17:13 PM
#16
I doubt there is going to be any big cash out after such a big correction. Anybody needing to cash out
would have done already last month so there is nothing major to expect from Chinese new year holiday event.

This ^^
Doesn't seem logical to cash out now.
legendary
Activity: 2534
Merit: 6080
Self-proclaimed Genius
February 03, 2018, 09:50:37 PM
#15
Chinese New Year, Christmas, Halloween, whatever it is, it doesn't affect the cryptocurrency market.
The most possible scenario here is this: Whales and Pump &  Dump Groups always start P&Ds at Hollidays to cover it as a natural sell-off.

However, the total Marketcap drop happened was just a continuation of the bubble burst from December.
It just "swooped down" faster after the latest news.
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