Crypto investors’ activity during the market fall in November

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: MFahad on December 25, 2018, 09:50:58 AM

Quote from: sunsilk on December 24, 2018, 06:38:45 PM

November was really one of the toughest month for this year. We saw the assumed bottom, I hope at least that we really did. But if your table is just all about the "mailing" and response rate it wouldn't affect the market.

It was btc_angela said that the selling pressure do affect the market. The more people starting to have their sell positions it would've impact the current prices like we saw from last time. By the way, how did you end up with that stats? you conducted a dry run on your own with those emails?

Not only November, also December was a tough month. Even thought we saw a pull back from 3200 to 4400$ but this is looking temporary. The currecnt price is again under 3900$ and this level is very important for bitcoin to maintain.

That pull back made this month a good one tough the lowest stayed that long. And as the current price, it's $3,800 and is likely to go down again.

I want to stop looking at the daily charts but it gives me more chills like last Sunday when I saw the market goes up a bit. I sold few by that time for the preparation this Christmas and will start to pack and collect again.

MFahad

hero member

Activity: 2506

Merit: 645

Eloncoin.org - Mars, here we come!

Quote from: sunsilk on December 24, 2018, 06:38:45 PM

November was really one of the toughest month for this year. We saw the assumed bottom, I hope at least that we really did. But if your table is just all about the "mailing" and response rate it wouldn't affect the market.

It is was btc_angela said that the selling pressure do affect the market. The more people starting to have their sell positions it would've impact the current prices like we saw from last time. By the way, how did you end up with that stats? you conducted a dry run on your own with those emails?

Not only November, also December was a tough month. Even thought we saw a pull back from 3200 to 4400$ but this is looking temporary. The currecnt price is again under 3900$ and this level is very important for bitcoin to maintain.

sunsilk

hero member

Activity: 3038

Merit: 634

November was really one of the toughest month for this year. We saw the assumed bottom, I hope at least that we really did. But if your table is just all about the "mailing" and response rate it wouldn't affect the market.

It is was btc_angela said that the selling pressure do affect the market. The more people starting to have their sell positions it would've impact the current prices like we saw from last time. By the way, how did you end up with that stats? you conducted a dry run on your own with those emails?

btc_angela

hero member

Activity: 2660

Merit: 551

How about the selling pressure though? It looks like there's a lot of investors selling during the November month that's why the price suddenly crumbled down to its lowest at $3200. So I guess, all indicators is somewhat deceiving to say the least.

astridwi

jr. member

Activity: 262

Merit: 2

investors are the spearhead of the development of crypto prices because the largest capital in circulation is from investors. when prices fall from the beginning of 2018 until now it will not be separated from the transfer of investment funds by investors. if your pliers say this is not the case, investors say prices fall and sell more than buy on the market today?

GrowthUp-Crypto

newbie

Activity: 2

Merit: 0

This November was stressful for the cryptocurrency market. The main cryptocurrency fell in price by more than 40%. But such moments are the most interesting for analysts around the world. In times of instability the main behavioral patterns are formed, which allow you to develop a long-term strategy.

That’s why we, GrowthUp Crypto team, want to share with you results on how investors interacted with our mailings during 3 periods: 10 days before the fall, 10 days of the fall and 10 days after the fall. Enjoy!

https://medium.com/@growthup_crypto/crypto-investors-activity-during-the-market-fall-in-november-cf3ee4f28c87

General mailing activity

https://ibb.co/Kr7WVR8

Table 1 shows the results of cold mailing on crypto investors, divided into 3 periods.
“Open Rate” shows the ratio of open letters to all sent letters.
“Multipy Open Rate” shows the ratio of letters opened more than three times to all sent letters.
“Answer Rate” shows the ratio of responded letters to all sent letters.

https://ibb.co/Snz6BYK

As can be seen from Picture 1, during the fall of the market the activity of investors did not decrease, and the “Answer rate” even increased by 4 percentage points. A significant drop of all indicators happened only when the market fall had stopped.

Topic: Crypto investors’ activity during the market fall in November (Read 182 times)