Topic: Guys, don't panic! Look at this! - page 3. (Read 630 times)
What to do on such market?
The difference is the Crypto market and the US Stock Market have nothing the same. Theoretically it could be possible but in reality, we can expect something totally different. I wish the market will recover fast but only the time and maturity will say.
Guys, don't panic! Just look at this fall of the famous IT giants when they were in their infancy, as cryptocurrency is now!
I love this image.
It gives me hope, that just maybe i will be a Millionaire before i hit 75.
Well i just hope it will not take that long to achieve that, because something new will happen with cryptocurrency and i believe in a decade everything will change.
cryptocurrency and those companies are different, we need the miners to run the chain while they do not and right now some miners are stopping their mining rig because it is no longer profitable to mine it. if it keeps moving on, i am afraid that time will come faster from what we were expecting before.
They got manipulated heavily, but they could survive because they are companies. they have a leader to make a decision about everything, while cryptocurrency is something different, there is no central authority to make a decision when the market or the project goes south or to prevent the manipulation that could destroy the project itself.
Guys, don't panic! Just look at this fall of the famous IT giants when they were in their infancy, as cryptocurrency is now!
https://i107.fastpic.ru/big/2018/1123/70/000d4db65f4c5aef7969859d32f3f070.jpg
https://i107.fastpic.ru/big/2018/1123/70/000d4db65f4c5aef7969859d32f3f070.jpg
I love this image.
It gives me hope, that just maybe i will be a Millionaire before i hit 75.
I gotta say it really makes me feel better 
. But I still think that stocks and cryptos should not be compared, at least not yet. Companies work a bit differently than cryptos and 'cause of that the money "behaves" a little more predictably. You cannot say the same about cryptocurrencies.
I think that you are right that the crypto industry exists and develops according to other rules and laws, unlike the stock market of such campaigns as Amazon, Cisco, Yahoo and other major campaigns. Although I believe that the development of technology blockchain and cryptocurrencies is similar to the development of the Internet in the nineties of the last century. . But I still think that stocks and cryptos should not be compared, at least not yet. Companies work a bit differently than cryptos and 'cause of that the money "behaves" a little more predictably. You cannot say the same about cryptocurrencies.The market will survive that for sure. I even hope for a trend reversal closer to February 2019 ... While we still have to hold on somehow. I think Bitcoin could fall to $ 3,200. (((
I am also optimistic that the crypto market may start growing in 2019. I, just like you, believe that Bitcoin still has a risk of dropping to $3000- $3500, but I do not think that it will remain at this mark for a long time and will start to grow again in the first half of 2019. 
Every project, the same as crypto, during its infancy will experience a lot of ups and downs before it could become one of the top technologies in the world. I think BTC and crypto is experiencing such a situation right now. The technology is still in development so it is experiencing a challenging situation that I think it would weather soon.
The collapse of the stock market in 2001-2002 and their further growth is a good indicator of how high the technology industry can rise from its knees after a sharp fall and continue to successfully develop. For example, Amazom shares rose from $5 in 2001 to $1600 today.
panic is a normal emotion, but sure there is still good news ahead.
don't let panic dominate and defeat some facts. more and more countries are starting to be interested in implementing blockchain technology in various activities. like in Thailand, the election already uses blockchain technology. there will still be good news in the future.
don't let panic dominate and defeat some facts. more and more countries are starting to be interested in implementing blockchain technology in various activities. like in Thailand, the election already uses blockchain technology. there will still be good news in the future.
I don't know why people despair, it is to be expected that this happens in an innovative market like this, many times dips happen so they bring a lot of FUD, but then when we use the true potential of cryptos and blockchain, I think its utility will grow through the clouds, like its value, just need to have a little patience.
You are absolutely right and I also think that in general everything will be fine, because I believe that cryptocurrency in general is a very promising direction for the development of the world economy, so I think and hope that in general everything will work out and will be fine.
I think these companies has to do with the current market's situation now. Although some says that we cannot compare those companies to blockchains but still there is pattern of simillarities. Everyone is hoping for the market to comeback so that everyone would be quite happy and continue business in cryptocurrency.
Yes, most of us know that the price movement and changes are part of the game but I don't think we can compare blockchain technology and Cryptocurrency with those traditional companies unless the world and its government embrace Cryptocurrencies and blockchain technology.
This is a really uplifting picture to see. I knew it was bad for them but didn't realize quite the extent to which that was the case. With all new markets and inventions it takes time to break down people's barriers to change, they'd much rather dismiss something than embrace it. It was the situation with the internet and I see the same happening here and now.
I guess you made this to make us more relaxed about the situation but this is a different thing compared to the cryptocurrency market and I honestly feel the bad situation will linger around for a while
The market will survive that for sure. I even hope for a trend reversal closer to February 2019 ... While we still have to hold on somehow. I think Bitcoin could fall to $ 3,200. (((
That's exactly what will happen in cryptos, it will reach its all time low and force many people out of the space then new set of investors will come in and drag the price to a new all time high again, it's just the way market behaviour most times.
I do not agree with this argument, and cryptocurrency is not held back by investors, sure a shake out of all panic sellers is ideal, but how actual is that concept, we have had so much pumps and drops,to greater degrees than we are witnessing now. That should have been sufficient to shake out all weak hands.
We need all kinds of investors in this space.
But crypto market is its early stage. So we can expect more from the crypto market. As we can say that bitcoin may be over valued, because on daily adoption Bitcoin fluctuates much more.
very optimistic statistics) everyone should know that market goes up and down sometimes. and sometimes there are crysis. the best time to enter the market is crysis.
yes, the pain is the same way but I think hard to compare the stock with cryptocurrencies. Crypto market not gonna die this in the message you want to share.
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