Topic: observe the market situation and the price of cryptocurrency (Read 574 times)
You are right and market does always hover around the fair value but for crypto it is a little different because you must have known by now that crypto comes with a limited supply so as the demand increases the price is bound to grow because there is only a limited supply available, this thing alone makes the crypto the best investment among all other sectors and that is the reason why long term holding strategy works the best in crypto market.
September 02, 2019, 04:11:51 PM
THere are so many new comers at the last month of 2017.
They bought many cryptocurrency due to the high rise market.
And they are not with good knowledge. As the market went down many weak hands sold their tokens which result to more dumping.
Cryptocurrency is really awesome but you need to be smart on dealing with it.
They bought many cryptocurrency due to the high rise market.
And they are not with good knowledge. As the market went down many weak hands sold their tokens which result to more dumping.
Cryptocurrency is really awesome but you need to be smart on dealing with it.
September 02, 2019, 03:57:58 PM
The rise and fall of coin prices depends on the level of market demand and supply in the market, so if you cannot monitor the price movements of your assets, you will automatically never know when to sell or hold.
What pint is there to monitor an asset that keep depreciating instead of appreciating, the reason why it is very easy to monitor bitcoin is because bitcoin has the volatility to monitor it even with charts. You could get demands for bitcoin now and then not get tomorrow, and as you are used to this, you find out that it becomes quite easy to monitor bitcoin. There are some projects that it is every day that they keep dropping in value, and as you are monitoring and hoping they will bounce back, they keep going down the more. These ones become so much confusing when you see how much you have invested and how much it is turning to, then you will have no choice than to wait for it to mature, and this is how we still loose most of our investment. So, monitoring of coins has not been any easy.
September 02, 2019, 03:15:51 PM
The rise and fall of coin prices depends on the level of market demand and supply in the market, so if you cannot monitor the price movements of your assets, you will automatically never know when to sell or hold.
If you are going to work with cryptocurrencies, be ready to monitor the market several times a day, otherwise, you can miss some important events that might affect the cryptocurrencies prices. You should also subscribe to various channels on YouTube (devoted to crypto) and look through the updates there. Without these activities, you will never understand the market movements and predict them.
The rise and fall of coin prices depends on the level of market demand and supply in the market, so if you cannot monitor the price movements of your assets, you will automatically never know when to sell or hold.
This is one of the advantages of Bitcoin that this coin cannot be regulated, and the price depends on demand and acceptance. Bitcoin became popular when the year 2017, many people became wealthy because it had Bitcoin. So in various developed countries Bitcoin is already regulated by the government. But there are also many countries that prohibit Bitcoin.
The Bitcoin condition is now excellent and is capable of reaching more than $10,000. This achievement is not followed by altcoins and tends to undergo very slow developments.
The Bitcoin condition is now excellent and is capable of reaching more than $10,000. This achievement is not followed by altcoins and tends to undergo very slow developments.
Volatility makes the crypto market what it is if its regulated, it might be boring as major spikes either up or down won't be noticed the market will move in waves its regulators wants for it. But due to the volatility the fun of the market either euphoria or rekt is always felt.
What do you mean by using the term "fair value"? There is supply and demand on the market, and any price will be fair if there is a buyer for the product at this cost!
People are too greedy and want Bitcoin to be worth a lot. But you need to take off your pink glasses and look at pricing. Nobody wants to buy unstable currency for a lot of money.
bitcoin will never pump because it is not a pump and dump altcoin. the pumping days of bitcoin has been over ever since 2013 when Mt Gox was closed down. so if you are waiting for a bitcoin pump then you are wasting your time and missing out on the opportunities.
bitcoin will continue to rise with its solid demand as the adoption of bitcoin grows every day all around the world as the only decentralized currency around.
Exactly the way you have stated it here is how bitcoin should have been operating right from the onset, it is meant to gradually rise in value as adoption rate increases, which is what I have been seeing from its market movement lately, the value of bitcoin has come to a stage where it is getting more and more difficult to be manipulated after people have learnt how the whales has been manipulated.bitcoin will continue to rise with its solid demand as the adoption of bitcoin grows every day all around the world as the only decentralized currency around.
I am not sure of MT GOX you made reference to here which was in 2013, but the coin was still pumped by whales in 2017 which was what lead to that major dumping we are all yet to recover from, the only thing I have just learnt from that dumping is that it really built people and made them not to ever fall for fomo again which is why the market has been rising slowly and healthily.
You didn't notice anything new or unusual OP. Bitcoin is constantly making higher lows and losing 130 million is only possible because it gained 160 first in just a few months.
It really doesn't matter if a correction after a big pump is 50% 60% or 80%. All that matters is that it's not 100% which means that holders gain money and bitcoin is still going up in the long term.
That's right, correction after a big pump is normal. Traders and investors have their own perspectives. Prices are constantly changing, volatile, depending on market demand and supply as well as rumours and news circulating. Technical analysis needs to be done to the maximum so as not to be easily influenced by rumours so panicked buy or sell. Many things are unpredictable in cryptocurrency, so always choose a safe path for your assets, dwyor.It really doesn't matter if a correction after a big pump is 50% 60% or 80%. All that matters is that it's not 100% which means that holders gain money and bitcoin is still going up in the long term.
Exactly. I agree with you that you need to observe the market situation and the price of the cryptocurrency is before investing since the market isn't stable else you might end up losing money. For instance, bitcoin is recently down and making low prices now which needs patience until market becomes better.
You didn't notice anything new or unusual OP. Bitcoin is constantly making higher lows and losing 130 million is only possible because it gained 160 first in just a few months.
It really doesn't matter if a correction after a big pump is 50% 60% or 80%. All that matters is that it's not 100% which means that holders gain money and bitcoin is still going up in the long term.
It really doesn't matter if a correction after a big pump is 50% 60% or 80%. All that matters is that it's not 100% which means that holders gain money and bitcoin is still going up in the long term.
If you followed d market you will understand that the drop wasn't instant it kept building up and dropping. Its a market cycle even stock market experience such most of the time.
So, even if bitcoin does not pump now, I know that whatever investment that we have in it is one that would really be worth it in future, and in future, there is a point bitcoin price will pump to, that the lowest value it can ever have or lowest it can drop to would be the last Ath of the last bull run, because from what I am seeing as factor that will contribute to the development of bitcoin bull run, it will have big effect of this coming bull run that we might get to $50k.
bitcoin will never pump because it is not a pump and dump altcoin. the pumping days of bitcoin has been over ever since 2013 when Mt Gox was closed down. so if you are waiting for a bitcoin pump then you are wasting your time and missing out on the opportunities.
bitcoin will continue to rise with its solid demand as the adoption of bitcoin grows every day all around the world as the only decentralized currency around.
The falls in the falls. Neither the current flow is massive or slight, water will fall. What is the point? Cryptocurrency would not be killed despite of fluctuations. There will have a time pump of bitcoin price will be done.
That is why it’s called investment, we should not always expect that immediately we invest, we will get the profit, we should wait for sometimes that the product we invested in will fully develop and then when it develops, that is when it can yield some profits. So, even if bitcoin does not pump now, I know that whatever investment that we have in it is one that would really be worth it in future, and in future, there is a point bitcoin price will pump to, that the lowest value it can ever have or lowest it can drop to would be the last Ath of the last bull run, because from what I am seeing as factor that will contribute to the development of bitcoin bull run, it will have big effect of this coming bull run that we might get to $50k.
The falls in the falls. Neither the current flow is massive or slight, water will fall. What is the point? Cryptocurrency would not be killed despite of fluctuations. There will have a time pump of bitcoin price will be done.
The investor who got a lot of profit and got a lot of lost when investing on cryptocurrencies is always be there because these things can not be avoided. But I doubt, there is someone who got a lot of lost when they investing on gold or another investment place which is included in the category of a safe haven investment place. Surely, these definition have told us that return of investment is depend on the investment place itself.
However, if we can use the right strategy we can make a high risk become a low risk. Therefore, we should make a traget to get profit what we want, don't stay on in our greedy if we have got profit that we want there is a simple way to sell it and buy again with another strategy. So basically, to avoided the curious thing will be subside if we have something such as strategy to run an investment on this place. We can make the profit that we want and ignore the high risk level and replace it with a low risk.
However, if we can use the right strategy we can make a high risk become a low risk. Therefore, we should make a traget to get profit what we want, don't stay on in our greedy if we have got profit that we want there is a simple way to sell it and buy again with another strategy. So basically, to avoided the curious thing will be subside if we have something such as strategy to run an investment on this place. We can make the profit that we want and ignore the high risk level and replace it with a low risk.
yes it is true that price fluctuations depend on demand in the market, the current market is in bad condition does not mean you have to stop here. I still believe that the market can recover and this is only a matter of time. stay patient and always pay attention to your portfolio.
The volatility market always presents. Thus, if the market crashes, then a good opportunity to buy more coins are being considered. People tend to confused about cryptocurrency but we just simply explain it's volatility and they seem to understand it. They just afraid to buy some of it because they have fear in crypto investing and the reputation of btc seems not yet that good especially in our country.
Anyway, we can always benefit in this kind of market. Good timing is the key.
Anyway, we can always benefit in this kind of market. Good timing is the key.
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