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Topic: Crypto is weird - page 9. (Read 1907 times)

member
Activity: 546
Merit: 10
💲 EMIREX EXCHANGE 💲
June 04, 2018, 05:56:25 PM
#30
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.

yes, for some altcoin, when there is a dumping price on a large scale then do not expect too much will rise in a very fast time, must really smart choose the moment to buy. If I become you, I would prefer to buy another coin instead of buying the same coin. And most importantly do not get too confident in those who say "this coin will soon be bullrun" if they doesn't have a proven logical analysis
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
June 04, 2018, 05:19:38 PM
#29
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.
None told everyone to buy that shit deeponion. if you are choosing a better investment coin and it should not deeponion.  That looks normal in my opinion. that the only weird thing on the cryptocurrency when the price of bitcoin was dropping and all of the altcoins are following it and it looks like there is manipulation with the crypto wallet. Deeponion was nothing and it's a scam coin.
newbie
Activity: 252
Merit: 0
June 04, 2018, 05:15:19 PM
#28
I don’t think it will happen like this. We haven’t seen the bottom yet it’s true but the price will not get more down. And I believe that it will rise up slowly and the market will recover.
jr. member
Activity: 297
Merit: 1
June 04, 2018, 12:01:38 PM
#27
Buying while the proces is low is the right strategy right now, the only problem is that  most of the people in the crypto industry has not yet adapted to the current trend specially to the people who have bought their tokens while the prices were high as it is difficult for them to get their capital back. As of the moment the people who have bought their tokens at high prices can only wait for the market to return when they have bought their tokens to get their capital back or to make profits.
full member
Activity: 378
Merit: 101
June 04, 2018, 11:36:24 AM
#26
Possibly a manipulation or something like people are getting FUD's every day then sold their bags of coins to get out of the market or they are just stopping the losses due to the bear market effects, there's a lot of possibilities and small domination from a factor to affect the price then you are going to put all the pieces together then here we are with the volatility and unexpected fluctuations, that is not weird it was being part of the daily lives of cryptocurrency.
sr. member
Activity: 686
Merit: 257
June 04, 2018, 11:36:17 AM
#25
Crypto is not weird, people tends to buy when the coins are at a high price due to FOMO. I guess many people become bag holders since the Jan 2018 pump.
full member
Activity: 644
Merit: 101
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
June 04, 2018, 11:20:56 AM
#24
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.

indeed we haven't seen the bottom yet bitcoin will touch 5700 and then it will revive again and bull run will return to the market you just have purchased the when the prices were high and then market dumped and every one was busy in selling what they have purchased when market was low.. but you should be happy that by making losses you are learning that how this market works
sr. member
Activity: 379
Merit: 251
June 04, 2018, 11:06:46 AM
#23
That is the thing with cryptos, you gotta know where to buy because if you are not careful you might end up buying at the point when the coin mooned which means that when the coins inevitably goes back down you would be losing a lot of money. There is a lot of risks that is involved with investing with cryptos and this is one of the major risk of them all.
hero member
Activity: 1036
Merit: 502
June 04, 2018, 11:03:44 AM
#22
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.
If you have been with bitcoin or the birth of cryptocurrency you would umderstand why people would these even if the price is off. From the beginning the value of crypto was not popular and only few gives regards into it. If you look back and compare the present price there so much difference and a very big market as well as potential.  The price we rise and fall but i dont think the price will go down rock bottom.
newbie
Activity: 266
Merit: 0
June 04, 2018, 10:58:11 AM
#21
No, it is not the bottom yet. It would take much time for the market to get stable again. It is better to hold the coins for now.
member
Activity: 237
Merit: 43
June 04, 2018, 06:54:18 AM
#20
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 have choosen one of the coins that is most prone to be dumped, as most of it has been delivered through a massive bounty campaign instead of being bought in ICO.
legendary
Activity: 1456
Merit: 1023
June 04, 2018, 06:47:30 AM
#19
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.

When there is a bull market then people visit all kinds of groups to get signals and most of them will invest based on those groups tips without thinking because a market is going up every day. But when a market is down same people are worried to invest money because they worry that market may still go down and they don't want to wait. Everyone wants to earn fast money so they will not take a risk to invest money during the downturn. But every take a risk to invest money in down market will make a lot of money when a market goes up.
jr. member
Activity: 224
Merit: 1
June 04, 2018, 06:39:44 AM
#18
Strange but real that's crypto hahaha, some say strange crypto, crypto scam, crypto gambling, crypto money laundering.
There are so many who say crypto is dangerous but it depends on our own how to respond to it.
If we already understand it all will run smoothly and profitably.
legendary
Activity: 2324
Merit: 1035
Not your Keys, Not your Bitcoins
June 04, 2018, 06:29:14 AM
#17
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.

Crypto-currencies are not weird. They are just something new. You could consider people's action of selling or buying at a specific price level? Of course.. And that is why you need to understand the fundamentals of coins,sentiment of the market and even a bit of psychology and sociology. Wink  Trading is not for everyone. It involves a lot of knowledge,practice and stress levels could go through the roof if you can't manage your emotions. Keep calm and know your investments!
member
Activity: 228
Merit: 10
June 04, 2018, 06:20:56 AM
#16
It is insaene I would say! I have heard about one airdrop that became a $3000 worthy and about the global campaign that give $3 for a month!
copper member
Activity: 381
Merit: 1
June 04, 2018, 06:18:49 AM
#15
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.

Crypto is not a strange thing. Price fluctuations are very common in the market because crypto is decentralized. Now prices are falling due to lack of investors but when many investors are present eating crypto will increase.
full member
Activity: 476
Merit: 107
June 04, 2018, 06:10:32 AM
#14
But even with the bigger ones like BCH. If you bought it at it's peak then you can divide the worth of your initial investment by 4.
Bitcoin Cash might be big, but it got serious issues on its own as well. Bearish seasons like what we are seeing right now is a normal occurrence in crypto markets, you shouldn't be fazed by the fact that all of the crypto markets are experiencing a dump. For now, it would be better if you hold some of the coins you have that got real potential(remember that patience is the key when investing into crypto) and dump the ones without real potential(and after doing so, keep in mind the lesson that you have learned from this experience: "never buy at an all time high").
newbie
Activity: 9
Merit: 0
June 04, 2018, 06:05:11 AM
#13
Well, the crypto world is still new and people don't know what to do in case of these market crashes. When looking at the price of coins you should always compare them to the price of BTC instead of looking at their actual price in $. If Bitcoins price fall for any reason, all coins will follow. But if the price of BTC is stable but the price of you coin drops, then there is something wrong with that coin, not with the market itself. Same applies for rise in prices. You should be able to distinguish the reason behind the movement of the price and decide what to do based on that.
hero member
Activity: 3080
Merit: 603
June 04, 2018, 05:57:46 AM
#12
It's not weird to see pump and dumps in the crypto world. That's how the altcoin market plays with the investors so if you are not wise enough to invest during the low prices, you may end up lose a lot of money.

There's advantage and disadvantage by getting into this type of market and if you are not well informed and prepared, you're in the wrong place.
member
Activity: 378
Merit: 14
June 04, 2018, 05:29:26 AM
#11
Code:
bought in ICOs at those prices and then dumped the first time the coin hit a decentralized exchange
Most of the selling orders are from bounty hunters because they're rewarded in bounty campaigns. Moreover, the market has been dumped for 6 months and the ico investors want to withdraw their money. Besides, there're more and more ICO projects for investors to choose and at least they have something to make a comparison among coins themselves. It's always true to say that the market is always right and you don't have anything to do but follow it.
Regards
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