Crypto down trend market - page 9. | Bitcointalksearch.org

Gandam23

full member

Activity: 424

Merit: 108

Quote from: bitmover on August 14, 2018, 05:39:36 AM

Quote from: Pradeep wijewardana on August 14, 2018, 05:30:16 AM

All the major currencys are down. What's your opinion on the upcoming market situation?

I believe useless shitcoins are not going to recover. Some of big ones, like nano, might not recover as well.

With Turkey situation going terrible, all stock markets in the world are down, and most currencies as well. Everyone is afraid and money is going to more secure assets, like USD.

Turkey citizens are buying bitcoin as well, so this could be holding bitcoin's price

Yes it can be seen at the market itself. It is really dumped so badly. Like all the crypto that you can see is on red color meaning the price is decreasing. But this is normal. We all know that cryptos are volatile meaning it is chaning by time as transaction being held at the market. Thats why it is not a good idea selling at this kind of situation. It helps crypto to go deeper. So you should hold it for the sake of the others.

krassy

member

Activity: 476

Merit: 19

The fall of the market is peculiar not only to crypto-currencies, but also to all other markets and exchanges, periodically this should happen, remember the fall in oil prices and the global financial crisis in the real estate market, only the patient and strong will survive,who ready to take risks and wait.

rinimalo

newbie

Activity: 84

Merit: 0

I think this downward trend may last for a while, as many investors may choose to panic to sell coins, and when the price falls to a certain level, the whale/shark will take over the market!

ROB18

full member

Activity: 380

Merit: 100

It's really a downtrend market right now but definitely it will recover sooner or later. I believe in the technology behind cryptocurrency which is blockchain and crypto itself as well. Most probably in the last quarter of this year, coins will regain its momentum again and soon it will be even higher compare to the prices last December 2018. Cheers to that.

ekechie

newbie

Activity: 168

Merit: 0

Quote from: heureca on August 14, 2018, 07:40:59 AM

As I remember Vitalik Buterin said in the end of 2017: only 10% of coins will survive in 2018, so a lot of shit coins will be dead.

I think if the market keeps on with this trend, and keeps going down, soon the prediction will come to pass because a lot of coins will soon go to zero and volume on them anymore, I hope we won't find our self to that level

iwah

jr. member

Activity: 196

Merit: 2

TREEBLOCK.io

Quote from: Pradeep wijewardana on August 14, 2018, 05:30:16 AM

All the major currencys are down. What's your opinion on the upcoming market situation?

This is not the first time crypto market is going down trend, since i join this space, it's always down trends with just few uptrend, so i am already used to it, i am not expecting anything much from cryptos at the moment, I am placing my hope for long term now.

heureca

sr. member

Activity: 658

Merit: 250

As I remember Vitalik Buterin said in the end of 2017: only 10% of coins will survive in 2018, so a lot of shit coins will be dead.

Fourgh

member

Activity: 196

Merit: 10

It's going to be a purge on altcoins that are not performing well. Many altcoins will eventually disappear in some exchange sites.

CoinSpeculator

sr. member

Activity: 420

Merit: 250

i think market is testing us. and again i think down trend is goes for 3-4 month until btc price down 4.5k. then long time stay there and then goes up.

vallytech

newbie

Activity: 112

Merit: 0

Quote from: Pradeep wijewardana on August 14, 2018, 05:30:16 AM

All the major currencys are down. What's your opinion on the upcoming market situation?

I am so surprised seeing the current market state, it's been said that during August that the market will dip down so low because a lot of people are going for summer holidays, so market will pick up ending of the month and begin of September

Mishgan27

member

Activity: 182

Merit: 10

the market is down now and it's a good time to buy. then you will have to wait two months and you will see that some altcoins to begin, pampite. patience is a very important quality for a trader

Wutip

full member

Activity: 318

Merit: 100

The Future Of Work

All prices for altcoins are so sweet👍Just waiting to bitcoin be stable, but really this is very painful situation on market now. Anyway good times will come and we will remember it like nightmare )

Lindazz

member

Activity: 238

Merit: 10

The bear market is still going on, so if you're good at futures trading.
Then you can choose to short the market at the relatively high position of most tokens.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: Pradeep wijewardana on August 14, 2018, 05:30:16 AM

All the major currencys are down. What's your opinion on the upcoming market situation?

That's because of the delayed ETF approval but we don't have to worry the developers and big names in the industry will do everything they can, to get the approval, once we have it, we will soon have a long run of the bull trend so keep optimistic, cryptocurrency will not die just like this.

btcluisdiki

member

Activity: 448

Merit: 10

Yes, crypto market had continuously dropped to the extent where it is now at it's lowest so far. I believe that this is really the right time in buying cryptocurrency as the price is very cheap this time. Though, cryptos are in down trend in the past several months, definitely this will make a recovery soon once demand of cryptos will make a bullish run.

alfacentavr

member

Activity: 378

Merit: 10

I think that everything goes to the fact that the price will be as early as 2017. After such a jump, there must be a rollback. This is the inevitable law of the market.

agenlaptop

full member

Activity: 588

Merit: 100

keep patient and try as best as possible, because talking about the market is clearly the direction is to seek profit, but every advantage is clearly not always the same.

Efta321

full member

Activity: 434

Merit: 100

I can't say anything at the moment, because I feel deeply disappointed about this. but that is the name of trade law, everything can happen, we must be patient and not rush with this.

nicster551

sr. member

Activity: 896

Merit: 253

Quote from: Pradeep wijewardana on August 14, 2018, 05:30:16 AM

All the major currencys are down. What's your opinion on the upcoming market situation?

Still on the situation that the market is still on a rest mode and is recharging for a good uptrend any moment from now. We should try to wait it out and try to focus on something else first.

soooulliv77

member

Activity: 252

Merit: 11

It is very unpleasant to watch your portfolio, but the choice is simple - either to sell or to wait.

Topic: Crypto down trend market - page 9. (Read 1078 times)