Everything went back to december 2016

CryptoWorld87

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Quote from: TheGreatPython on October 18, 2017, 07:17:54 AM

Quote from: dieselmeister on October 13, 2017, 11:28:38 PM

I agree with you that cryptocurrencies trading is getting an hard hit. However, now is very different 2016. Most of people have more confidence in Bitcoin. we should regularly follow news to buy or sell at the right time.

Trading that too with digital currencies is not an easy task. You need a lot of research and experience in order to play well in this field. Obviously there is remarkable improvement in bitcoin in all aspects; bitcoin followers have been increased, the prices are already touching the sky and still are hoped to rise further. In short we can conclude by saying that 2017 is far better than 2016.

Yes i was started trading bitcoin and altcoins back in 2016 when the price of bitcoin is still too low at 600$ there a few people only trading bitcoins in that time but now there are so many people already discover bitcoin and they are so interisted in bitcoin

TheGreatPython

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Quote from: dieselmeister on October 13, 2017, 11:28:38 PM

I agree with you that cryptocurrencies trading is getting an hard hit. However, now is very different 2016. Most of people have more confidence in Bitcoin. we should regularly follow news to buy or sell at the right time.

Trading that too with digital currencies is not an easy task. You need a lot of research and experience in order to play well in this field. Obviously there is remarkable improvement in bitcoin in all aspects; bitcoin followers have been increased, the prices are already touching the sky and still are hoped to rise further. In short we can conclude by saying that 2017 is far better than 2016.

bitcub

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Hmm, theres a time for everything. Usually crypto pumps atleast 1x a year. Theres a time of pump for each coin. This year most of coins pumped in March, some in April and May. I believe this $XLM or $STR pump is the start of altcoin party. Next to Stellar is the XRP pump.

Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

Hichi

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forget about trading, it's complicated and hard to keep up on the crypto world (high stress situations). By mining you're dong a quite solid job and it's a much better alternative (in my opion) than gambling your hard earned or mined coins. We're obviously on the trading section here, but it's important to remind people that they can't predict the market, they might do it once or twice but in the long-term it's likely that you'll come out short, unless you have some expererience or have been doing this for quite some years. The best traders are the one's who've been around for years and who know how to control their emotions and their bankroll, it's just like a profession, you have to learn it the hard way, but when you do - you're all gold

dieselmeister

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I agree with you that cryptocurrencies trading is getting an hard hit. However, now is very different 2016. Most of people have more confidence in Bitcoin. we should regularly follow news to buy or sell at the right time.

Golftech

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Quote from: Reid on October 13, 2017, 02:58:28 AM

Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

Correct. It is moving like crazy and I know those are bots.
There is not much logic now and self thinking on when to trade back.
Prices just fall wirhout a valid reason. Just FUD and fake news can make anything crumble. Happened before when almost all alts are hit with 50 percent cut.

So we must think wiser choosing those alts which have a big potentials to gain back and make a high jumped, alts like ETH xmr neo are some of those coins which will gather attentions and potentially will grow back after some time, we just have to open our eyes while opportunities are showing up, grab and earned.

Reid

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Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

Correct. It is moving like crazy and I know those are bots.
There is not much logic now and self thinking on when to trade back.
Prices just fall wirhout a valid reason. Just FUD and fake news can make anything crumble. Happened before when almost all alts are hit with 50 percent cut.

Aamir1

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Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

When was the time when cryptocurrencies trading wasn't an hard hit? It has always been hard, and it will always been hard, but that doesn't mean that they are not tradable. The markets are growing everyday, getting higher percentages of investments on different coins beside bitcoin, and that is all because there is potential in this. And as long as Bitcoin keeps the run going, the alternative currencies will keep running with it as well, and this will go very far from now, and we better know it and accept it.

TravelMug

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Quote from: gabmen on October 13, 2017, 02:09:20 AM

Probably because a lot of people are now focusing mainly on bitcoin. I personally have ceased for the meantime trading alts and am just waiting for the next dump to buy more btcs. Though i don't think crypto trading will always stay like this. As with anything in cryptocurrencies, it's volatile.

Its possible that traders shifted to bitcoin after the booming altcoin around May or June of this year. However, the altcoin market was not sustainable, that's why most of them are moving back to bitcoin. But for me, altcoin is still profitable if you know what you are buying because most altcoin are not really for long term hold. So if you can't exit on the right time, you are going to be trapped and this what's frustrated most of the current traders.

Quote from: Apened on October 12, 2017, 09:39:58 AM

Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

Honestly the only thing that comes to my mind that trading is now hard. because like you say many traders are now using a bot for them to make a profits well its lessen the peoples skills amd soon if the bots will continue the market will no longer the same as full of bots.

I'm not sure if bot has something to do with them making profits. I guess we still needed that human intervention, to make the correct decision based on our experienced or even our guts. But is just there to makes life easier sometimes, but if you are really for the big profits, you should used your intelligence and make the correct decision.

gabmen

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Probably because a lot of people are now focusing mainly on bitcoin. I personally have ceased for the meantime trading alts and am just waiting for the next dump to buy more btcs. Though i don't think crypto trading will always stay like this. As with anything in cryptocurrencies, it's volatile.

P4ndoraBox

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I went a lot emotionnals.

Ill clarify my point a bit.

15k users at polo vs 55k we used to had.

More bots, less volume, less differents coins pump.

At the moment I would understand that the best move is to hold btc..

Cryptos wont ever be destroyed and even if governments tried to, they woulndt be able to.

Can't to get epic tradings days like we used to had a few months ago.

Apened

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Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

Honestly the only thing that comes to my mind that trading is now hard. because like you say many traders are now using a bot for them to make a profits well its lessen the peoples skills amd soon if the bots will continue the market will no longer the same as full of bots.

BlackPanda

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Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

If you say that the crypto world will be destroyed then I am very unsure. the world of crypto will continue to grow rapidly. see that the development of crypto is always increasing all the time. every day new altcoins emerge and this doubles that cryptocurrencies will be more varied. the easiest strategy is to continue introducing cryptocurrencies to others. you can help to cultivate the use of cryptocurrencies globally. this makes the digital currency into one of the strong economic system.

nesterpu

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Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

My temporary strategy is to wait for the BTC to reach a high and sell it at the top. The altcoin is dropping sharply and waiting for NEO to fall and reach the price of 0.004 i will buy it.

micle222

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Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

Yes true trading crypto is currently very confusing. I have to create a new strategy to trade crypto today.
unstable bitcoin prices make the price of crypto unpredictable. my current strategy is to do some arbitrage from some market and it is very profitable.
hopefully, in December, everything will be back to normal.

el kaka22

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Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

Cryptos are still very much tradeable and you only need to be extra careful as usual in your trade. I still bought some altcoins yesterday during the dump and I made a huge profit on most of them when they got pumped a little today.
So, most times, the risk might just be worth it and with a calculated one, it usually is. The volatility is just the gold mine if you know how to play it well.

Coffee2015

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Quote from: P4ndoraBox on October 11, 2017, 04:24:33 AM

Cryptos are not tradable anymore... Not enough volume, bull vs bear....Bots....

What do you think about the recent crypto trend ? What are your strategies ?

For my part, except mining, cryptocurrencies trading is getting an hard hit.

You got the point of current coin condition.
It is not that interesting to do trading now.

Is it really a plan to go back there in 2016?
Nice

candy27

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It's a difficult time at the moment because people are selling their alts in order to buy bitcoin and qualify for the various airdrops.

But after November the alt space should go back to normal. Be patient and take a holiday in the meanwhile.

DRVX

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Quote from: buyinbtc on October 11, 2017, 01:49:18 PM

I stopped trading bitcoins few months ago, basically because there were lots of new alt coins and such, it became way too hard for me to follow everything so that i could get profit. But i am sure that cryptos are tradable.... There wouldn't be any traders left if it wouldn't be possible to earn from trading anymore.

For me the best strategy is long term holding. And trying to buy new best coins!

Youghoor

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Yes i had the impression of this a few days ago when i wanted to trade some Dash for bitcoin, it took more than six minutes to my order to get filled.
There is not enough volume in the market, go to check poloniex, and try to compare them to July's volume, you will se that there is not even a 60% of that.
It is sad, because it was easy to take profit before, now it takes much more time.

Topic: Everything went back to december 2016 (Read 782 times)