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Topic: Crypto Market down trend (Read 611 times)

hero member
Activity: 1008
Merit: 501
February 09, 2018, 07:25:52 AM
#85
i don't know how long or even why this downtrend is lasting but if you really think the downtrend is going to last until March then the obvious choice is to cut your losses NOW before the bottom is reached and you are left with nearly nothing!
I would not count that as a good advice. Anything that did not make you to buy at the top, or probably cut loss when maybe at 5% to buy back lower when the market started a deep correction, then there is no point selling after a pretty huge percentage.

Better still, you can hold on until it reaches that bottom and there is a chance of recovery in the market and buy more with fiat at that point; you will be so surprise the profit you will make in this situation.
full member
Activity: 434
Merit: 100
February 08, 2018, 05:06:42 AM
#84
Absolutelty you should hold coins.There are two things that are most important in this market. First thing is brave. Second thing is patient. So If you are brave and patient, you can earn more moneys.
member
Activity: 308
Merit: 10
February 08, 2018, 05:02:39 AM
#83
Is it true that the market down trend will last until March? What do you think we can do? Hold or cutloss?
It may be true and I will hold my coins to awit for the other bull  market to earn more money.
newbie
Activity: 23
Merit: 0
February 08, 2018, 04:58:22 AM
#82
I don’t know how long the downtrend will last, but there are no signs of a reversal. Everyone was waiting for the bitcoin to push off from the level of $ 8,000 to $ 10,000, but it fell even lower. If panic starts now, then the rate may drop to $1,000, which will bring down the entire crypto-currency market. I think that the total capitalization of the crypto market will go down to $ 200 billion, after which the recovery will begin.
full member
Activity: 450
Merit: 122
February 07, 2018, 04:19:05 PM
#81
All I know about crypto is that I know nothing about it if I said yes till the march it can be next week or opposite.We can only can good and lucky choices and taking positions near the whales Cheesy
jr. member
Activity: 196
Merit: 7
February 07, 2018, 04:13:47 PM
#80
I think the down trend is already over. Now we are waiting for slow growth. Now is the good time to buy.

Yes, It has rebound at 6k and should now show growing to the new hills. Give btc a month and it should be over 20k  Wink
full member
Activity: 294
Merit: 101
Lead generation one-stop shop platform powered AI
February 07, 2018, 04:08:40 PM
#79
I think the down trend is already over. Now we are waiting for slow growth. Now is the good time to buy.
full member
Activity: 266
Merit: 101
February 07, 2018, 04:05:28 PM
#78
You people that can't come to conclusion on your own cause these bear markets. You buy when people say buy and sell when people say sell. Well hate to break it too you but people are doing the opposite of what they are telling you, everyone is trying to make money and everyone has an agenda. Educate yourself.
sr. member
Activity: 654
Merit: 250
February 07, 2018, 04:02:21 PM
#77
The entire cryptocurrency market is based on two things - speculation and faith. For speculators, what is happening now is a big problem, but for people who believe in the success of cryptocurrencies, the situation of this price correction have no matter.
Decide for yourself on which side you are on.
Very interesting thoughts. I think that all investors are speculators on the cryptocurrency market since everyone wants to make a profit. Don't you think so?

I meant that some invest in cryptocurrencies just because someone told them or read somewhere that they can make money on it. Now they have a problem, because what has happened recently to the crypto market is terrible for them. Those who believe in the success of cryptocurrencies do not care about the current price drops, because they know that it is only a matter of time when the market will return to the upward trend.
full member
Activity: 154
Merit: 111
February 07, 2018, 12:37:56 PM
#76
It's really hard to tell when market trend down will last because it will depend on the people or investors. It is better to hold it than cut your loss because when you hold your coins you will not incur a loss since it is still there and  definitely the price will increase again.You will have more income if you wait.
sr. member
Activity: 672
Merit: 250
February 07, 2018, 12:03:57 PM
#75
The entire cryptocurrency market is based on two things - speculation and faith. For speculators, what is happening now is a big problem, but for people who believe in the success of cryptocurrencies, the situation of this price correction have no matter.
Decide for yourself on which side you are on.
Very interesting thoughts. I think that all investors are speculators on the cryptocurrency market since everyone wants to make a profit. Don't you think so?
if I myself would certainly be looking for profits from the market cryptocurrency, because from here investors and others that get a little big advantage ya in cryptocurrency. and this is where it's great to make a profit
full member
Activity: 252
Merit: 100
February 07, 2018, 12:01:16 PM
#74
Not sure how you will be cutting your losses when we are most probable at the bottom now. IF you sell now, you might end up selling at the bottom and hence diminish any chances of recovering your losses that you may have had if you had bought earlier when prices were high.
full member
Activity: 854
Merit: 103
February 07, 2018, 11:59:16 AM
#73
Is it true that the market down trend will last until March? What do you think we can do? Hold or cutloss?

I am not sure of it, but I believe it can be true. At least the market will be fluctuating for 3-4 weeks (minimum). Experienced traders can earn a pretty good sum of money is they use all these ups and downs in a smart way.
hero member
Activity: 1148
Merit: 527
February 07, 2018, 06:10:42 AM
#72
Honestly, no one knows what the market will do. We've had corrections that lasted anywhere from a few days to around 2 years. But imo, i think we will see a much better february. I think this is the final of the dips we will see, and btc should go back up to 10k soon.
Yes, no one can say what the market can hold, we  have had longer downtrends for a longer period of time, but like someone posted on the thread, the recovery are always back stronger, so what is the point of selling when you know you have the plans to hold for long term anyway.

Selling now is more like giving the whales and institutions what they want. Panic, dump and then they start a rally when there is no one to dump anymore, only to see panic buying all over again which would be a huge loss as well.
hero member
Activity: 1036
Merit: 504
February 06, 2018, 04:10:01 AM
#71
All of the newbies that came in the big bull run in December have all bee wiped out now by the big players and they will not be coming back. They all now think Bitcoin and altcoins are a big scam so now we will see the market dive further and further down until Bitcoin hits July levels. I see Bitcoin going down to around 2k USD before I see any remarkable improvement in the marketplace and it will not be happening any time soon. Everything in crypto has popped now and the bubble has burst. For most of us it is over now the chance to become wealthy. Now I am just looking to gather some coins for my bread and butter, even that I do not hold out much hope anymore. I sincerely hope I may be wrong in this regard.
sr. member
Activity: 588
Merit: 256
February 06, 2018, 04:06:23 AM
#70
A lot of talk about the price decline is so sharp today, but there is no definitive explanation for the cause of the decline in prices of all types of digital currencies. All we have to do is hold back all the altcoins we have in the long run because most likely all types of digital currencies will be more valuable in the future.
newbie
Activity: 112
Merit: 0
February 05, 2018, 03:43:53 PM
#69
hodl till the world ends bro!
member
Activity: 672
Merit: 22
February 05, 2018, 03:21:24 PM
#68
Is it true that the market down trend will last until March? What do you think we can do? Hold or cutloss?
In my opinion this down trend will only last until Chinese new year because they already run out of bad news regarding bitcoin and it is just a matter of time before this market will turn into green again.

I agree, just a few days after parties finish, and we'll see markets rise again.
We'll soon remember this down trend as a lost opportunity for many of us to buy cheap.
member
Activity: 84
Merit: 10
February 05, 2018, 03:17:51 PM
#67
The entire cryptocurrency market is based on two things - speculation and faith. For speculators, what is happening now is a big problem, but for people who believe in the success of cryptocurrencies, the situation of this price correction have no matter.
Decide for yourself on which side you are on.
Very interesting thoughts. I think that all investors are speculators on the cryptocurrency market since everyone wants to make a profit. Don't you think so?
newbie
Activity: 252
Merit: 0
February 05, 2018, 03:17:34 PM
#66
Is it true that the market down trend will last until March? What do you think we can do? Hold or cutloss?
we'll know!!,see this great potential for next 2 months, I just believe in myself this will be the right profit for me,buy and hold it's me, but it depends on what action you hoping, I just following good opportunity and this a the time
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