Relax, its just a hard market reset - page 2.

MFahad

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Quote from: goaldigger on January 16, 2019, 11:58:10 PM

Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.

I hope your views and statements are correct and we are able to see bull run in 2019. If you see the current situation of bitcoin price you will see it is no difference for last 2 months and we are unable to cross 4000$ significantly. The Major reason is that there is no big news which can help bitcoin grow at a very good rate and bears are still more dominant in this market.

Tagus45

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To remain calm is the most difficult thing at the moment, because the market is too worried, maybe we should have a mental steel to survive in the current situation.

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what you say is true that some weak people will sell their assets at a very cheap price because they panic and some still hold their assets because they realize that selling at a low price will only make them lose.

chulos

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Hello, you read my mind. Exactly the same i think. Patience is the key to profit, in this crypto machine. Do not sell under stress and under the influence of intimidating factors - that the price will go down.
It can also be taken from the more positive side - after every drop, growth will come.

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Quote from: South Park on January 30, 2019, 10:41:07 AM

Quote from: maydna on January 24, 2019, 08:48:12 PM

Somehow, I agree with the OP. In 2018 and the beginning 2019 is a market reset to clear off the weak hands so the market can get stabilize at the moment. Bitcoin needs solid support, and it will come from the true believer in bitcoin and not for people who don't believe in bitcoin for a long time. How bitcoin can grow higher if the support is not giving full power regard in believe that bitcoin can go up and come back to the higher price again.

This explains why the price is not going down that much anymore, the bears are still trying to crash the price even further but now no one is selling, the people that are left are not going to sell their bitcoin for such a low amount of money, this indicate to us that we are close to the bottom, if we had not reached it already, this is good since from now on everyone that invest in the market will only get profits if they can hold their coins long enough for the recovery to happen

Actually, that depends (whether it is good or not)

If selling running dry is not followed by demand taking over, it is neither here nor there. But in a bear market and in a general downtrend, there will be always be someone willing to sell and that'll be more likely than someone willing to buy, statistically. Further, there is also an undeniable impact on prices produced by short selling (which is rampant in a bear market), and while some consider it irrelevant in the long term (which I'm inclined to agree with), we can't deny the downward pressure that shorts make on price in the short term

South Park

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Quote from: maydna on January 24, 2019, 08:48:12 PM

Somehow, I agree with the OP. In 2018 and the beginning 2019 is a market reset to clear off the weak hands so the market can get stabilize at the moment. Bitcoin needs solid support, and it will come from the true believer in bitcoin and not for people who don't believe in bitcoin for a long time. How bitcoin can grow higher if the support is not giving full power regard in believe that bitcoin can go up and come back to the higher price again.

This explains why the price is not going down that much anymore, the bears are still trying to crash the price even further but now no one is selling, the people that are left are not going to sell their bitcoin for such a low amount of money, this indicate to us that we are close to the bottom, if we had not reached it already, this is good since from now on everyone that invest in the market will only get profits if they can hold their coins long enough for the recovery to happen.

exstasie

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Quote from: Barcode_ on January 27, 2019, 07:59:08 AM

I think it might take a long time for the whole crypto-currencies trading market to recover because VanEck-SolidX has already withdrawn their bitcoin ETF proposal from the SEC.

The market hardly blinked an eye when the application got withdrawn. What makes you think it's so important?

Quote from: Barcode_ on January 27, 2019, 07:59:08 AM

In my opinion, I think there are a lot of investors who are still waiting for the first bitcoin ETF to be approve by the SEC before they are willing to invest their money into crypto-currencies, I am already mentally prepared to hold all of my bitcoins in my wallet in year 2019, and I will wait patiently while watching the movement of the trading market this year.

Maybe some investors are waiting for an ETF, but those investors were never relevant to the market. If an ETF gets approved, they'll buy. If not, they'll stay irrelevant. It's not like they own bitcoins to sell and drive prices lower.

We went to $20K with no ETF, so there's no reason we need an ETF to recover from the bear market that followed.

MuffinMaster

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It is possible that prices will no longer fall, but I do not expect increases. I think that for a minimum of several months on the cryptocurrency market, we will observe price stabilization and horizontal line on charts.

Oilacris

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Quote from: budiarmed on January 27, 2019, 01:08:27 PM

If the market does reset again, I hope the market can return as soon as possible. I will be patient and hopefully in 2019 the market will recover.

I wouldn't expect it to recover this year but there is a higher possibility that it will regain back in 2020. Bearish trend will continue to find its way along this whole year and might see another bottom in the following months.
2017 was a crazy hyped year where prices rose to unimaginable price thats what we have now.

budiarmed

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If the market does reset again, I hope the market can return as soon as possible. I will be patient and hopefully in 2019 the market will recover.

Barcode_

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Quote from: mirakal on January 27, 2019, 12:15:28 AM

I would think the same, we are on a hard reset now and soon price will be back to normal.

We have been in a hard situation now and all we can do to stay is just to convince ourselves, though the likeliness of happening is very slim
but we never loss hope. Being optimistic is all we have to be now, think about the past on how it survive, and believe that we can totally repeat the history.

I think it might take a long time for the whole crypto-currencies trading market to recover because VanEck-SolidX has already withdrawn their bitcoin ETF proposal from the SEC. In my opinion, I think there are a lot of investors who are still waiting for the first bitcoin ETF to be approve by the SEC before they are willing to invest their money into crypto-currencies, I am already mentally prepared to hold all of my bitcoins in my wallet in year 2019, and I will wait patiently while watching the movement of the trading market this year.

myohmy81

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Quote from: goaldigger on January 16, 2019, 11:58:10 PM

Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.

Yeah the fight must go until we achieve our goals in this technology. The road to success is not easier but we need to stay focus and attentive on our investment as we don't know what will be the outcome while the market is still in bearish trend. I'm optimistic that this year will be much better than last year and we need to take advantage to accumulate more coins as we can for a better profits once the market returns to a bullish. Those who will stay patience will get rewarded in the right time.

mirakal

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I would think the same, we are on a hard reset now and soon price will be back to normal.

We have been in a hard situation now and all we can do to stay is just to convince ourselves, though the likeliness of happening is very slim
but we never loss hope. Being optimistic is all we have to be now, think about the past on how it survive, and believe that we can totally repeat the history.

timerland

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Quote from: goaldigger on January 16, 2019, 11:58:10 PM

Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.

It's really not about being optimistic. It's about being rational.

We know that we are in a period of a market reset, and that has happened basically throughout every single asset that is traded on the free market, and since the existence of bitcoin. Bear markets aren't anything abnormal and doesn't suggest anything fundamentally wrong about bitcoin.

All it is is a necessary correction from an overheated bull market of 2017, leading to prices dipping and market activity faltering. If you invest in bitcoin in the long run, or as a hedge against fiat, you shouldn't be panicking. Even though I don't expect 2019 to be the year a bull market emerges, I do think that it is a matter of time before prices recover, since bitcoin adoption especially on an institutional scale as increased despite this bear market.

ngusmin

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I feel hope is mixed with doubts about fairly difficult market conditions, Just hope that for 2019 the movement can increase.

Taki

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Is there any button which could help me to follow this thread till the end of the year and see will the prognoses come true or not.
Anyway I'm agree with you that currently only new traders are living the market with looses just because of their experience with bitcoin ends by one or two previous years, the years of successfully growth. But bitcoin died for many times already and those people simply do not know it or do not understand.
In the end I am sceptical about this year as about positive one, but I'm ready to hold and raise my founds as much as it needs.

deisik

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Quote from: exstasie on January 21, 2019, 02:39:05 AM

Think about December 2017: By that time, everyone was bullish and shorters had mostly given up (we were seeing sub-10K short levels on Bitfinex). Everyone had already bought, or in other words there were no buyers left to sustain prices at $20K. So the price crashed

This is just a theory

I don't necessarily disagree with it, but there is another theory which claims that the surge in prices was entirely artificial (remember 2013 and Gox times, anyone?) due to Bitfinex issuing new tethers like there was no tomorrow. So if this is what actually happened, you theory that "everyone had already bought" and "there were no buyers left" goes straight out the window as it was just Bitfinex stopping the proverbial printing press. If they didn't, we would likely see prices like 30k, 40k and so on, with no lack of buyers. Obviously, it would inevitably end in a catastrophic crash sooner or later anyway, but it is an entirely different matter

iqlimasyadiqa

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Quote from: jeromix on January 25, 2019, 03:14:10 AM

Quote from: Adriano2010 on January 23, 2019, 06:44:37 PM

I hope that this year we can have a higher price for bitcoin, at least 10,000$ and that the price will stay over for a long, but not one can know when this will happen. Maybe after Bakkt is launched and investors will start buy bitcoin.

Yeah we are still dreaming for now because the real market price for bitcoin is 3K USD something and that is not really good or we are still in the bear market. The bear market has taken some time already this is why I understand that many are longing to get a good market price for bitcoin in the near future.

The bear market at this time has made many people panic, everyone is frightened when the price of bitcoin has decreased dramatically. I am optimistic that some time later the price of bitcoin will gradually recover and the price of bitcoin will reach rates of more than 5,000USD. This is sometimes like a dream, but I believe because bitcoin sometimes makes things that seem impossible to become a reality. the opportunity to invest in bitcoin is indeed so great, which determines our success, whether we are always ready to face all the possibilities that will occur or not.

Barbut

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Quote from: South Park on January 24, 2019, 04:18:21 PM

Quote from: goaldigger on January 16, 2019, 11:58:10 PM

Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.

True, but you are asking one of the most difficult things for an investor, you are asking them to stay positive and to not worry when many of them are losing more than half of their investment, those that can do it will definitely be rewarded but we need to admit is difficult, just look at how other markets move and you will see investors panicking over losses that compared to what we have gotten are not that big so while I agree with your advice I can see why others are panicking and leaving the market.

If you wish to be correct some investors lost 90% of their investments, I`m talking the about the people who bought on top in december 2017. This is not the first time, same happened to people in 2013. Every market has this huge dips, same happened with many new inventions in the past, with internet, amazon, even apple. Not everyone is panicking, as I see many people still work a lot in cryptospace.

talkbitcoin

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All I know is that I know nothing.

i prefer calling it a "transition" phase and humans have always had trouble with transitioning because they always resist change. and being in a downtrend for over year has accustomed them to certain things which now they are resisting to give up and come back to reality.
so it would take time for this trend to change and the reversal to start and price to go back to the "rising mode" that it really belongs to.

Topic: Relax, its just a hard market reset - page 2. (Read 19527 times)