Has the Crypto currency market stabilized? - page 2.

befriendmywater

member

Activity: 658

Merit: 10

Quote from: ash_waz on July 09, 2018, 06:18:38 AM

Hello people,

Watched plenty of videos, read lots of articles on this and seems like most experts are in the opinion that the Crypto market has somewhat built stability in the current levels and has more upside potential as opposed to downside.

Is this true?

This is not true. Because the market has fallen sharply from May to now. So it can not be reduced much more, I think Bitcoin is at the bottom.
we can take advantage of this opportunity to buy and hold them until its price is x2 times. It will happen soon because Q4 will be the growth momentum of the Cryptocurrency market.

novaprime

sr. member

Activity: 812

Merit: 251

UniDApp - it's DeFi time!

Quote from: Torrenth on July 09, 2018, 10:23:13 AM

I do not think the market is currently stable yet, it looks like the market is going down this week, but in the future I'm sure the market will improve, hopefully that happens, and I hope a lot of good news can boost altcoin prices.

I think this is just a bit of a correction since Bitcoin has grown from $ 1,000 to $ 20,000 and this is a huge number in 2017. For me Bitcoin has bottomed out and could not fall further as I am confident that in July more good news will come to this market and the whole market may enter the recovery phase but everyone should be careful because the market is very risky and no one can predict what will happen

Midilane

newbie

Activity: 115

Merit: 0

The experts talk a lot, but no one actually controls the cryptocurrency and there are no experts who can explain the crypto market, they just make their predictions and some predictions work out.

Reid

hero member

Activity: 3052

Merit: 651

I am still looking at a lot of red marks so I dont think it is stabilized.
The fluctuations have been greater and we are going down including every altcoin that is on the market.

Look at your currency. That is stability. The value stays with just the way it is or if it will fluctuate it will just be cents. This is like hundreds to thousands of dollars. That is not stability.

Dimon8

jr. member

Activity: 420

Merit: 1

Any article is custom-made (paid) and "experts" who write them often and are not themselves interested in the topic of the article they write. They just earn money by their name. Stability is a relative concept, and to be precise, there is never stability, because it is well earned on fluctuations.

chel0

newbie

Activity: 196

Merit: 0

I think it hasn't stabilize yet since another exchange has been hacked.Market price is down a bit now but we'll just hope it won't go down further so that the chances of having a bull market won't get interfere.

akashark

member

Activity: 387

Merit: 12

Sorry, I Can't believe that you read lots of articles and watched many videos about it. Because if you did that then you must found that Crypto market is not stable, it is too volatile. No one knows well about it. Crypto market can't be stable too, maybe it always will remain volatile. If you look at the crypto market I mean in the coinmarketcap then you will get your answer. In every day crypto coins price ups and down.

Coin-1

legendary

Activity: 2618

Merit: 2304

Quote from: ash_waz on July 09, 2018, 06:18:38 AM

Watched plenty of videos, read lots of articles on this and seems like most experts are in the opinion that the Crypto market has somewhat built stability in the current levels and has more upside potential as opposed to downside.

Is this true?

Yes, this is true, but just for the current times. I see the powerful support level of Bitcoin on the price $5900 and the strong resistance level on the price $9500. BTC is stabilized within this range. These levels were in autumn of 2017 before the price manipulators have come to the crypto exchange markets.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

It looked like that for some people and you are one of the victim.
Stability means it will just stay in its price and that will be a sad event in the crypto world.

There are still a lot of undervalued tokens and they went to a bear market being dragged by bitcoin and ethereum. Now, can you say again that it is stable? I am still seeing a lot of reds. They need to go back up.

5ensei

full member

Activity: 728

Merit: 103

It is a lot more stable than it has been in the past. People complain about the prolonged bear market, but this is healthier than extreme movements. Also it encourages wider adoption as they all prefer something stable rather than something that can lose half it's value in just a few weeks

Bolivar_Tony

member

Activity: 322

Merit: 10

Quote from: ash_waz on July 09, 2018, 06:18:38 AM

Hello people,

Watched plenty of videos, read lots of articles on this and seems like most experts are in the opinion that the Crypto market has somewhat built stability in the current levels and has more upside potential as opposed to downside.

Is this true?

At present, the price of the crypto market is not stable, but prices are increasing every day. If you want to invest in this market, then you should invest in today to be able to make a profit

hugeblack

legendary

Activity: 2688

Merit: 3983

Quote from: ash_waz on July 09, 2018, 06:18:38 AM

Is this true?

If stability means a change in numbers compared to last year's changes, I think that's true.
Prices now look calm compared to last year, and regulatory rules will make the market less volatile not Stable.
If Bitcoin turns into full stability "zero changes," it means that we have lost decentralization.

semobo

full member

Activity: 1498

Merit: 146

The price of bitcoin is still going back and forth we can consider the price range for small oeriod of time as stable.But the volatility level will increase in the upcoming years because of the less availability of bitcoin so keep doing as you are doing and volatility is one of the reason the bitcoin is successful.

FrueGreads

legendary

Activity: 1582

Merit: 1059

Quote from: ash_waz on July 09, 2018, 06:18:38 AM

Hello people,

Watched plenty of videos, read lots of articles on this and seems like most experts are in the opinion that the Crypto market has somewhat built stability in the current levels and has more upside potential as opposed to downside.

Is this true?

I'm inclined to agree with what you've just said. Crypto is still very volatile though, at when compared to traditional financial markets, but is far less volatile than what we got used to during 2017. In my opinion, buying interest has decreased a lot, because retail investors already got in, and we still need to see institutional investors entering the market. So basically what we have now, is traders playing with the market, which means less volatile cycles.

As for the more upside potential compared to the downside potential, I would agree again. Simply because if you imagine bitcoin for example, becoming a global currency, and given the fact that it's supply is limited, it means that a single BTC would need to reach at least $500k or something like that, in order to have enough liquidity to act as a currency. Seeing where it is now, I would say the upside potential is definitely bigger than the downside, and that's why I still consider it a great investment.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Who are these experts? I've never come across one who was proven right. The loudest ones are either clueless Youtube no marks, or old school finance talking heads with little to no experience compared to people who've been here for years. They're trying to apply conventional market thinking to a market that's still being born.

There has never been stability and there won't be for many years to come. There might be boredom but don't mistake that for anything dependable. People are looking for a reason to set the price running and it could be in either direction.

Ain't no one got a bleeding clue. Anyone who claims to have a clue should be roundly ignored.

mostkey

sr. member

Activity: 742

Merit: 253

Could be, but cryptocurrency market will not find the price stability because the price fluctuates very difficult to call the stability, do not see the market every day up and down and life fluctuates, then do not know for sure it is stability nobody knows for sure for most people, if now is the time to wake up and ride I like it very much, the positive news that can give people confidence do not hesitate to invest from now, but the market is so turbulent that there is little believe in what they say before watching it yourself more than now.

MoonJeina

sr. member

Activity: 652

Merit: 250

Make winning bets on sports with Sportsbet.io!

Quote from: ash_waz on July 09, 2018, 06:18:38 AM

Hello people,

Watched plenty of videos, read lots of articles on this and seems like most experts are in the opinion that the Crypto market has somewhat built stability in the current levels and has more upside potential as opposed to downside.

Is this true?

Maybe it has . Because it has not moves out of its range froma long time now and neither it is showing ahuge dump so we can assume that it has stabilized for some time . There were times when people were wishing for it to get stabilized , but now when it is actually stabilized the people are just making speculations of bitcoin dying .The struggle is real.

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

Quote from: ash_waz on July 09, 2018, 06:18:38 AM

Hello people,

Watched plenty of videos, read lots of articles on this and seems like most experts are in the opinion that the Crypto market has somewhat built stability in the current levels and has more upside potential as opposed to downside.

Is this true?

It seems like some people are just following the positive trend that's been growing over the past two weeks thanks to the upward movement in the prices. As for the "stability" part, prices have certainly entered some sort of "stable" boring period as the downtrend seemed to have stop for the time being but, would it be enough to see a shift in market sentiment from bearish to bullish? I think it's too soon to tell.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: ash_waz on July 09, 2018, 06:18:38 AM

Is this true?

true?

Wall Street’s Tom Lee Says Bitcoin Price to Hit $22K by Year’s End, ‘Can Reach $25K’

CNBC’s Brian Kelly Supports Tim Draper’s BTC Prediction Of $250,000 By 2022

‘I’m Thinking $250,000 By 2022’: Tim Draper Reveals New Bitcoin Price Target

Tom Lee Predicts Bitcoin To Reach $91,000 by March 2020, Based On Performances After Past Dips

CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000

Bitcoin Destined For $28,000 In 2018 - Moas

Bullish Moas - Bitcoin Destined For Another 500% Rise

Saxo Bank’s Van-Petersen: Bitcoin Price At $100k By 2019 Is ‘Prudent’

Are many predictions and none of them are right. Do not waste your time believing in these "experts"

Torrenth

newbie

Activity: 196

Merit: 0

I do not think the market is currently stable yet, it looks like the market is going down this week, but in the future I'm sure the market will improve, hopefully that happens, and I hope a lot of good news can boost altcoin prices.

Topic: Has the Crypto currency market stabilized? - page 2. (Read 337 times)