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Topic: Predictions for when alt coin will recover from S. Korea FUD (Read 353 times)

legendary
Activity: 2548
Merit: 1519
If you are experienced enough you could sell your coins before the crash or wait and hold until it recover. If you panic sell you will always lose. Asia FUD made %50 loss in 24 hours but it started to recover. This is very hard times if you are in coins.
sr. member
Activity: 728
Merit: 250
A lot of alt coins have  been on a downward trend in the week since the S.Korea uncertainty.

Any thoughts on when we might see some positive gains again?, and what's your reasoning?

Following patterns of prl and other coins I'd say another 2 days of little movement then back to green
A week, this is just people being in panic mode and selling everything after the FUD goes away things are going to go back to normal, I said one week at the earliest but at worst I think it could take us a month in order to recover from the FUD coming from South Korea.
newbie
Activity: 27
Merit: 0
I think the next week will be hard, then we will see a steady week and if S korea does not ban crypto then we will be back where we were in not much time at all.
sr. member
Activity: 798
Merit: 263
Got this on twitter that last 3 years, the bitcoin bottom of the year has happened around mid-Jan.
History  may be repeating here.  Also, bitcoin chart looks like it is close to a bottom that should happen
anytime in the next day when there is big reversal up. Bitcoin and altcoins should reverse back up together.
jr. member
Activity: 71
Merit: 1
I don't know when but it better happen soon. not sure how much longer I can hodl on.
newbie
Activity: 25
Merit: 0
Best time to daily trade!
jr. member
Activity: 79
Merit: 1
I personally think the following, BTC will not grow much, Ethereum will stabilize and smaller altcoins will be the biggest winner till may. The whole market will be green in 3-4 days.

While I think the market will be green soon but 3-4 days is too short. I am thinking it will be back to 600 bln+ by end of the month!
member
Activity: 350
Merit: 41
I am inclined to agree, although I think it will only be selected altcoins which recover the quickest. Ones which just dropped with the market, but projects still solid. Bitcoin should rise at a steady pace over the next week, I think there were plenty of people waiting for the drop and will look to get in. Take your pick...
newbie
Activity: 44
Merit: 0
I personally think the following, BTC will not grow much, Ethereum will stabilize and smaller altcoins will be the biggest winner till may. The whole market will be green in 3-4 days.
full member
Activity: 398
Merit: 100
Market is green now but I think market will decrease or will not increase much because I feel like this 2017 rise already ended now it is time to decrease.

So you think this year all crypto will down ?
Seems you forget about corrections and concolidation in the market,, just wait you will see a huge movement in the market few days again
full member
Activity: 266
Merit: 100
Blockchain with solar energy
This is just regular crypto market correction, in a month or two we will start to see new all time highs with many many coins. Its best to stay patient right now in my opinion. Relax and chill.
sr. member
Activity: 1680
Merit: 278
I think we will watch a full recovery not earlier than May-Jun. But if you are like me, to hold, this is not a problem.
Just we need to survive the current blood bath.

MaY- Jun? you must be kidding.. please take a look at the charts.. regarding what happens EVERY TIME, during this weeks, EVERY YEAR..its is ALWAYS the same! in feb we will reach new ATH's
full member
Activity: 303
Merit: 100
At first I thought it was Korea FUD and it probably still can be but I also realized that bitcoin dumps hard in January and alts usually go with it. That much should make people feel a bit calmer knowing this isn't out of the ordinary and because of that I think in a few days alts will have their time again.
full member
Activity: 728
Merit: 103
Too much FUD from east asia but it will pass eventually. S.Korea will not ban it completely otherwise there will literally be blood on the streets! They will do some kind of compromise or they will lose out on a big tax windfall
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
I think we will watch a full recovery not earlier than May-Jun. But if you are like me, to hold, this is not a problem.
Just we need to survive the current blood bath.
full member
Activity: 574
Merit: 101
The problem is the Chinese FUD is back again today with rumours for extending the trading BAN. So two FUDs can be too much for the market right now. I see we are still good for now and not major dump is seen so far.
hero member
Activity: 630
Merit: 500
I think the uncertainty will clear up when S.Korea Govt make their decision on this clear, no matter succeed under speculation like this but for me I think countries like India and Hong Kong can hugely benefit form this
full member
Activity: 448
Merit: 100
Market is green now but I think market will decrease or will not increase much because I feel like this 2017 rise already ended now it is time to decrease.
newbie
Activity: 6
Merit: 0
A lot of alt coins have  been on a downward trend in the week since the S.Korea uncertainty.

Any thoughts on when we might see some positive gains again?, and what's your reasoning?

Following patterns of prl and other coins I'd say another 2 days of little movement then back to green
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