Topic: Crypto Market down trend - page 3. (Read 603 times)
I guess this down trend relates to the Chinese New Year,that why we see all this bullshit
This is the wrong time to cut your losses right now because we already saw a huge correction in the last couple of weeks. We are going to bounce sooner or later, so just ignore your holdings and relax a little bit!
perhaps the cause is the holding holders of coins trying to sell
the coins after meeting the sales target when buying cheap and then
sell it at a high price when this is the high price they start selling
coin bitcoin, altcoin them to earn money, multiply the amount
bitcoin, increase the amount of altcoin.
better hold it until the increasing period
return the bitcoin price or altcoin coins that were played at the time. or it could be
cutloss bitcoin, altcoin cutloss.
Whether the alcoin coin's bitcoin coin can go down constantly to the point
dangerous? relative depending on the circumstances of each type of coin respectively though
the coin of bitcoin or altcoin down as deep as it can certainly rise again however
the increase is still relatively dependent on market enthusiasts and market demand and strength
buyer of bitcoin coins, altcoin which is decisive when the price is too cheap
then automatically trading players bitcoin altcoin trying to buy the coins
at a cheap time then sell it back when the price is high because that's it
high price then on sale again so the price dropped in buy again price up and down again.
the coins after meeting the sales target when buying cheap and then
sell it at a high price when this is the high price they start selling
coin bitcoin, altcoin them to earn money, multiply the amount
bitcoin, increase the amount of altcoin.
better hold it until the increasing period
return the bitcoin price or altcoin coins that were played at the time. or it could be
cutloss bitcoin, altcoin cutloss.
Whether the alcoin coin's bitcoin coin can go down constantly to the point
dangerous? relative depending on the circumstances of each type of coin respectively though
the coin of bitcoin or altcoin down as deep as it can certainly rise again however
the increase is still relatively dependent on market enthusiasts and market demand and strength
buyer of bitcoin coins, altcoin which is decisive when the price is too cheap
then automatically trading players bitcoin altcoin trying to buy the coins
at a cheap time then sell it back when the price is high because that's it
high price then on sale again so the price dropped in buy again price up and down again.
To be honest, I'm just getting scared. Because I could never even think that we could fall so much. It is very strange for me to see such large volumes for sale, because I do not understand why it is cheaper to sell than the price for which I bought
i dont think this will last until march though, bulls will be back soon. bitcoin might hit 6k level but thats it, if they let bitcoin drop more than that then they must be crazy.
I think it was a completely sucker-eating operation.Investors were probably disappointed.I'm always on the waiting list because every fall has an exit.
I do not recommend it, but I think the current situation is a buying opportunity.
I do not recommend it, but I think the current situation is a buying opportunity.
I don't know how many days this down trend will stay. Past 2 weeks, we have watched many down trend in crypto prices. This is very frustrating news for investors and crypto-related people.
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. 
Nothing rises forever, every market has ups and downs. Crypto is here to stay though, this is just the first battle. The war is not over.
Is it true that the market down trend will last until March? What do you think we can do? Hold or cutloss?
Yes or even upto april,bitcoin is in pretty bad situation EMA200 and MA200 might be broke this means it would be the first time in the history of bitcoin the worst downfall of the cryptocurrency might be near,but lets hope that bitcoin will managed to survive this bloodbath. Is it true that the market down trend will last until March? What do you think we can do? Hold or cutloss?
No one exactly knows when will the current down trend will end. It might last until March or April and this is what I think also. There is a great resistance at the moment that's why we keep on seeing the market bloody. The trend started on late December and lasting on March or April is not that bad.
Why do you think the price keeps on decreasing? Because many are selling even though the price is so low. So we must hold our coins. Will cutting our losses will do anything? None. Well it will make the price decrease even more. Cutting losses is just like feeding the whales and don't ever feed the whales.
AFAIK, you haven't lost anything yet unless you sell your coins at a very low price.
My suggestion is - don't be panic. The crypto value has been decreased a lot during these days. However, I still believe that it will recover in next few months.
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.
I think this is why crypto will never die out, and face the same issues as other "bubbles" like the dotcom boom and housing crisis. Certain people really believe in the idea of crypto and what it stands for, not just the money. Decide for yourself on which side you are on.
If we continue to convince ourselves and others that crypto world is a future then we can keep the price of digital currency in order not to continue to experience a much deeper decline. This is an opportunity to show that the digital currency market is sensible and shows to all sectors that digital currency is highly deserved to be officially recognized.
well we don't know until when it will continue this downtrend, it could last even months like in 2015! i think that some good news are coming so if it's not only about speculation this market will recover. litecoin will launch litepay in february and i hope to see soon lightening network for bitcoin, this would help his rise again
Is it true that the market down trend will last until March? What do you think we can do? Hold or cutloss?
It's impossible to know those things, so I will just give you my perspective from a "trading point of view". If you look at the weekly charts for bitcoin, you will see that we had a huge run with no time to create real support lines, and this is why we are now falling fast as well. The real support line we have on the weekly charts, is around $5k, so I would be perfectly comfortable (from a trading perspective) to see bitcoin going to those values. I would get worried if bitcoin dropped bellow that price, because that would show that people are losing faith in crypto.
Also, if you look at the volume, you would see that the bear volume is nothing compared to the bull volume, and that means this is not a bubble pop or whatever it is that people are calling it. This is still normal correction, and I'm still very confidant that bitcoin will recover from this.
From a fundamental point of view, you would see that nothing has changed for bitcoin, and we are actually in a better position than we were before, so things are still good for crypto and bitcoin.
Check this thread, so that you can easily understand what I'm trying to say that the bitcoin fundamentals are intact, and we are actually getting better.
https://bitcointalksearch.org/topic/lets-fight-the-fud-together-2865338
Is it true that the market down trend will last until March? What do you think we can do? Hold or cutloss?
I knew that this down trend will have the end, but I did not
know that this end will be in March. That is a month for now,
and prices can drop a lot in this period.
If this is true then it would be good to sell everything now,
and wait dip and buy again before the end of this month.
I will not do that, I am keeping what I have, and I can just
buy more. In next few days I am expecting some money and
I plan to buy Litecoins. My first Litecoins! With announcement
of LitePay, Litecoin is good investment.
just hold brother, its a normal i guess it will up. But if u want cutloss its okay, dont late to buy if it going up.
Also the regular stockmarkets are down worldwide. And with al the speculation entering the cryptomarkt. You have probably to wait till an uptrent worldwide.
I agree. Sometimes people on here have their heads so far into crypto they forget what's happening outside this industry. Go to any financial website and see what's happening to all the stock markets.https://news.sky.com/story/inflation-fears-send-global-markets-into-red-11237870
Educate yourselves!
I don't think we can do anything. If you have faith in bitcoin, there's only one thing you need to do: keep it.
I think a lot of people are desperate now, maybe the bull market is coming.
I think a lot of people are desperate now, maybe the bull market is coming.
I think this is completely true. the down trend will continue for another month. there is no escape from it but we should try to get the least damage.
Ethereum may be a sensible choice these months
Ethereum may be a sensible choice these months
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