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Topic: Crypto is weird - page 7. (Read 1907 times)

full member
Activity: 532
Merit: 100
June 07, 2018, 10:36:53 AM
#69
buy low sell is not easy as what others think. you will not know when will the price goes up and down. but you can always buy and hold and wait.
legendary
Activity: 2282
Merit: 1041
June 07, 2018, 09:53:10 AM
#68
People react to different projects in completely different ways and no one can really predict about the real pump or real dump. The real that is natural one comes in when there is proper development of the project going on or at least there is investor base who thinks positive about it and keep investing into it all the time. This keep up the volume heavy everyday and thus when other people look at this scenario then they see natural up surge in it.

In your example exactly opposite might have happened, where most of the people saw that Deeponion is getting low volume or people are selling the coin like crazy. This has led to panic sells as usual and those who wants to get out of the scams will still keep dumping the coin no matter what happens.

Not exactly. You may call deeponion a scam but that price always do what the market does. If people believe its a scam then surely the price will dip as low as it could. Its the normal thing in crypto, if the price goes up then that is because someone had bought the coin and if it fall then someone had sold theirs.
sr. member
Activity: 714
Merit: 261
June 07, 2018, 09:18:30 AM
#67
People react to different projects in completely different ways and no one can really predict about the real pump or real dump. The real that is natural one comes in when there is proper development of the project going on or at least there is investor base who thinks positive about it and keep investing into it all the time. This keep up the volume heavy everyday and thus when other people look at this scenario then they see natural up surge in it.

In your example exactly opposite might have happened, where most of the people saw that Deeponion is getting low volume or people are selling the coin like crazy. This has led to panic sells as usual and those who wants to get out of the scams will still keep dumping the coin no matter what happens.
sr. member
Activity: 644
Merit: 299
June 07, 2018, 09:17:25 AM
#66
Get used to it mate! There is nothing new about it as that is how the crypto space simply is and most especially for altcoin. See it like more investors exiting their position to at least make do with the little profit they have gotten and look for possible buy back as it keeps getting dumped or looking forward to when there is a possibility of a reversal.
Weird would not actually be the word to qualify what is happening since it is a market and stuffs like these are always bound to happen most especially in a decentralized market. Altcoins are the most volatile which is the reason why it is important not to be picking a falling knife. The market sentiment is generally bearish since the bears are somehow screaming out loud on bitcoin which somehow controls the market movement generally.
legendary
Activity: 1596
Merit: 1011
June 07, 2018, 09:14:02 AM
#65
When you look at the prices of cryptocurrencies you can see people have bought at really high prices. If you have bought $1000 worth of DeepOnion for example at the price of $19 then you would be left with $86.42 worth of DeepOnion right now. But even at these low prices right now you can still see lots of dumping going on. Logic would tell you to buy as much as you can at these low prices and hold for the next bullrun but the opposite is happening. There are some ups these days but it get's dumped very quickly. I believe we haven't seen the bottom yet.
it is the hallmark of crypto. there is always a price change at any time and it is very difficult to predict. crypto is very strange compared with investment and other assets in the world. but the one thing I love about it is that crypto offers us to succeed. utilizing the right conditions will greatly affect what we will get in the future.
full member
Activity: 588
Merit: 104
June 07, 2018, 09:09:21 AM
#64
When you look at the prices of cryptocurrencies you can see people have bought at really high prices. If you have bought $1000 worth of DeepOnion for example at the price of $19 then you would be left with $86.42 worth of DeepOnion right now. But even at these low prices right now you can still see lots of dumping going on. Logic would tell you to buy as much as you can at these low prices and hold for the next bullrun but the opposite is happening. There are some ups these days but it get's dumped very quickly. I believe we haven't seen the bottom yet.

you are right. but nobody can now if we see the bottom or not. that bearish trend started in the beginning of this year and didnt end till now. all we can expect is it to be finish as soon as possible so we can start making some profits.
full member
Activity: 350
Merit: 102
June 07, 2018, 09:06:54 AM
#63
When you look at the prices of cryptocurrencies you can see people have bought at really high prices. If you have bought $1000 worth of DeepOnion for example at the price of $19 then you would be left with $86.42 worth of DeepOnion right now. But even at these low prices right now you can still see lots of dumping going on. Logic would tell you to buy as much as you can at these low prices and hold for the next bullrun but the opposite is happening. There are some ups these days but it get's dumped very quickly. I believe we haven't seen the bottom yet.


I am sure that we have not yet seen the bottom, the market is very volatile, and before the next fall there may be a sharp increase, but such as in December 2017 will not be ...
member
Activity: 140
Merit: 10
CRYPTASSIST.io
June 07, 2018, 09:01:33 AM
#62
I've noticed this kind of behaviour also. People have bought in ICOs at those prices and then dumped the first time the coin hit a decentralized exchange (mostly happening on IDEX). That price at which they sold was lower even for 5x. Crazy things going on, I would never do that myself.
I also do not understand people who sell coins at such low prices, and I, too, never did that. I think such things are made by people who know little about the crypto market and want to return some of the money from what they have invested.
full member
Activity: 644
Merit: 100
June 07, 2018, 08:41:54 AM
#61
Now there are a lot of hype coins and tokens in crypto, the first time in crypto I bought everything on top and sold on the bottom) For hodling you should buy really good coin, and buy it in the bottom) After that it is really easier to hodl)
full member
Activity: 532
Merit: 114
June 07, 2018, 05:03:57 AM
#60
It just seems weird due to volatility, its nascent nature and dependency on outlying factors.
member
Activity: 630
Merit: 20
June 07, 2018, 04:48:32 AM
#59
Been realized it a long time ago. And frankly, i am very used with how this scalability, volatility cryptocurrency is. It's weird for me too, at first and think it the way how whales playes us. But I understand that cryptocurrency exists and survive because of it's features and characteristics of being unstable.
sr. member
Activity: 616
Merit: 263
June 06, 2018, 05:24:06 AM
#58
For small volume coins or market cap coins, you can't actually predict the market very reliably. They are extremely susceptible to market manipulation, both pumps and dumps, so it's best not to hold for unrealistic ROIs. Stick to a few percent, or a few tens of percentage profit, then get out, or at least keep a close eye on it and exit your position close to the top.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
June 06, 2018, 05:15:02 AM
#57
this is what happens in the crypto and I think crypto is not weird as we know that everything is possible to happen in the crypto. one coin can increase in anytime and in the next hours, it could decrease too deep without any people knows. so it is better that we can make a preparation or plan or strategy if the bad things are happening so we can prevent to get the bad result.
full member
Activity: 336
Merit: 100
June 05, 2018, 10:45:33 AM
#56
When you look at the prices of cryptocurrencies you can see people have bought at really high prices. If you have bought $1000 worth of DeepOnion for example at the price of $19 then you would be left with $86.42 worth of DeepOnion right now. But even at these low prices right now you can still see lots of dumping going on. Logic would tell you to buy as much as you can at these low prices and hold for the next bullrun but the opposite is happening. There are some ups these days but it get's dumped very quickly. I believe we haven't seen the bottom yet.

Well the market is unstable and probably might cost initial investments low right now, but the thing is we should take advantage of this low market and acquire more tokens. Not selling tokens would help to beat the sell wall.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
June 05, 2018, 10:31:46 AM
#55
Its not like that the dump is intentional but there might have got some serious issue with crypto currency like DeepOnion. I did hear the rumours that this coin was scam in the later stages and thus it could be just that people are trying to save their ass with whatever money they get back from the investment that they had made into this coin. Its just the case that they will never trust it again and with mass dump it always starts another panic sell too. So those who aren't aware of the scam will eventually sell due to tremendous dump hype.

Offf course everything here is weird and you cant do anything about it.
tHis becomes weird when you dont know how the market goes,and why prices goes ups and down

This is not weird,it's volatility,and if you come to learn and bare with this,then the outcome forure is profits.
Theres no wrong to ask and seek for advices since thats the way how to succeed in here,so learn more and goodlucl
full member
Activity: 476
Merit: 124
June 05, 2018, 10:12:30 AM
#54
Crypto currency is not weird, you just have to understand how the system works and have the strategy to contradict its unpredictability. It needs experience and a lot of failures and mistakes to gain profit from it. The technological breakthrough behind crypto may be confusing for starters, but once they learned how to deal with it through their strategy and goal, there is always a way to winning. The DeepOnion story could've been avoided or have minimal loss if a stop loss has been set.
newbie
Activity: 224
Merit: 0
June 05, 2018, 09:47:50 AM
#53
Many dump their coin out of panic but there are some who are bound to dump because of neccessity. But in case of DeepOnion the story is maybe different. I headr that this was a scam. Maybe this was the reason pf dumping.
full member
Activity: 392
Merit: 100
June 05, 2018, 09:28:03 AM
#52
At the bottom of the market, we cannot estimate it. I also think that this market is very confusing and changes every day. Some people rush to sell tokens. Some people think that this is a good time to buy. I really feel that very confused!
the market is confusing indeed and especially it is hard for a newbie. but as time passes by, you will get more and more experienced, those feelings disappear
newbie
Activity: 210
Merit: 0
June 05, 2018, 09:27:51 AM
#51
When you look at the prices of cryptocurrencies you can see people have bought at really high prices. If you have bought $1000 worth of DeepOnion for example at the price of $19 then you would be left with $86.42 worth of DeepOnion right now. But even at these low prices right now you can still see lots of dumping going on. Logic would tell you to buy as much as you can at these low prices and hold for the next bullrun but the opposite is happening. There are some ups these days but it get's dumped very quickly. I believe we haven't seen the bottom yet.

It is really weird. Cryptocurrency is unpredictable. You can't  predict what will happen. If you will just analyze and study a lot of this strategy, you can really appreciate why some people do like that.
sr. member
Activity: 779
Merit: 250
June 05, 2018, 09:27:19 AM
#50
It's weird and that's why it's good
i can not say it is wierd. it justbhas its own rules, which you must obey iv you want to save your money, but it is just life. not wierd
Crypto is weird and I love it. It is weird in terms of doing something that is helpful, we can't deny the fact that the cryptp gives us money in an easy way. It's weird because it can't be controlled by anyone. And it is weird because we can do things that we didn't know we can do before.
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