Author

Topic: Crypto is trading sideways (Read 102 times)

hero member
Activity: 2842
Merit: 772
January 30, 2018, 04:48:06 PM
#7
Since the remarkable uptrend in the fall/early winter of 17' and 18', crypto seems to have hit a large lull. I guess it's trading sideways for the most part.

I'm disappointed because I got involved in mid December, right when everything was at all time highs. When do you people see crypto taking off again? Do you think 2017 was a one off, can we see large gains like that again?

2017 is the year where crypto currency really took off. At least you caught the tail end of it and hope that you gain around December. Unfortunately, crypto winter sets in and up to today, we are still feeling the effect. And there's some bad news coming our way: https://news.bitcoin.com/u-s-regulators-send-tether-and-bitfinex-subpoenas/

So I guess crypto winter is extended for another weeks or so.

For the record, I'm a buy and hold, old school, stock market investor. I'm thinking seriously about cashing out thousands of dollars of Ford stock to put into the crypto markets. However, I'm not certain I will do this because the crypto markets are the Wild, Wild West with little checks and balances.

As it stands, I own small positions in NYC, PAC, ENJ, TRX, XLM, XVG, XRP and MANA.

Just hold. At this juncture, no need to dump and cash it out. We all need to keep calm and let this winter pass by just like any other year. Just look at it at the bright side and try to get more coins in this blood bath.
full member
Activity: 406
Merit: 114
January 30, 2018, 04:31:33 PM
#6
I was just thinking the same thing.  Looking at my portfolio chart on Block folio, it's been pretty much flat since mid Dec.  There was one large pump since then, that was erased by the "crash" ... but for the most part, very flat.  Makes we wonder if it's recoiling for another pump soon.
hero member
Activity: 2926
Merit: 722
CoinPoker.com
January 30, 2018, 04:28:28 PM
#5
Since the remarkable uptrend in the fall/early winter of 17' and 18', crypto seems to have hit a large lull. I guess it's trading sideways for the most part.

I'm disappointed because I got involved in mid December, right when everything was at all time highs. When do you people see crypto taking off again? Do you think 2017 was a one off, can we see large gains like that again?

For the record, I'm a buy and hold, old school, stock market investor. I'm thinking seriously about cashing out thousands of dollars of Ford stock to put into the crypto markets. However, I'm not certain I will do this because the crypto markets are the Wild, Wild West with little checks and balances.

As it stands, I own small positions in NYC, PAC, ENJ, TRX, XLM, XVG, XRP and MANA.
No one would able to know if those kind of price movements would happen on this recent year 2018. We do really see ATH's on those moments. Might be seasonal or do have patter but still wont guarantee us that it would happen again. Regarding on the coin list I do only see do have potential is TRX,XLM and PAC. Other I don't have much informations about them but well making sell decisions would vary if you do earn enough.
newbie
Activity: 17
Merit: 0
January 30, 2018, 04:26:33 PM
#4
Then what coins would you suggest I buy?? I'm not saying my coins are great, but I don't have big positions anyway.
jr. member
Activity: 104
Merit: 3
January 30, 2018, 04:17:18 PM
#3
Since the remarkable uptrend in the fall/early winter of 17' and 18', crypto seems to have hit a large lull. I guess it's trading sideways for the most part.

I'm disappointed because I got involved in mid December, right when everything was at all time highs. When do you people see crypto taking off again? Do you think 2017 was a one off, can we see large gains like that again?

For the record, I'm a buy and hold, old school, stock market investor. I'm thinking seriously about cashing out thousands of dollars of Ford stock to put into the crypto markets. However, I'm not certain I will do this because the crypto markets are the Wild, Wild West with little checks and balances.

As it stands, I own small positions in NYC, PAC, ENJ, TRX, XLM, XVG, and MANA.

Nobody knows what's going to happen.  Anybody who tells you differently is either full of shit or has ulterior motives.  Or both.  All I can tell you is that if you're thinking that you're doing any "investing" around here, you need to cash out and walk away because you're sorely mistaken about what's going on.  You're not investing in anything.  You aren't receiving any sort of shares or stocks by spending money on these coins.  As somebody said to me, "you're spending money to gamble on internet numbers", which when you really get down to it, that's all we're really doing right now.  Judging by the coins you mentioned though, you already know this.
full member
Activity: 252
Merit: 101
Global Risk Exchange - gref.io
January 30, 2018, 04:08:45 PM
#2
Well first we will be able to see gains but not the magnitude of 2017 because I believe that was a 35x in size. If you look at the marketcap now for cryptocurrencies you will see this is almost impossible. And lastly out of your positions I am not going to lie I don't like many except ENJ and MANA. I think those two are solid and the rest I don't think highly of at all.
newbie
Activity: 17
Merit: 0
January 30, 2018, 04:02:31 PM
#1
Since the remarkable uptrend in the fall/early winter of 17' and 18', crypto seems to have hit a large lull. I guess it's trading sideways for the most part.

I'm disappointed because I got involved in mid December, right when everything was at all time highs. When do you people see crypto taking off again? Do you think 2017 was a one off, can we see large gains like that again?

For the record, I'm a buy and hold, old school, stock market investor. I'm thinking seriously about cashing out thousands of dollars of Ford stock to put into the crypto markets. However, I'm not certain I will do this because the crypto markets are the Wild, Wild West with little checks and balances.

As it stands, I own small positions in NYC, PAC, ENJ, TRX, XLM, XVG, XRP and MANA.
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