The Alt market is testing you: Will you break! - page 12.

Favouredhart

copper member

Activity: 112

Merit: 3

Quote from: Tilbrook007 on July 31, 2018, 05:42:24 AM

It is a bloodbath to say the least!
Hold the line: This is do or die!
If the ETF is not approved everything will get worse and take a long time to recover!
It isn’t easy watching money evaporate but we knew that this game was speculative and have to pay the price!
Like I said: Do or die!

From studying cryptocurrency, what i have learnt is patience. Now if you bought good tokens ,it shouldnt be a do or die,all you do is wait for the market to recover,you must surely be in profit. So in essence i won't break

Mypanara19

member

Activity: 826

Merit: 11

Quote from: Tilbrook007 on July 31, 2018, 05:42:24 AM

It is a bloodbath to say the least!
Hold the line: This is do or die!
If the ETF is not approved everything will get worse and take a long time to recover!
It isn’t easy watching money evaporate but we knew that this game was speculative and have to pay the price!
Like I said: Do or die!

Perhaps ETF rejection will somehow affect the crypto market because there will be some people who will surely go panic about that issue but it will not be for long and it will not break the majority of the people from crypto world since they already knew that it is part of the game and the market is truly unpredictable and volatile with whatever circumstance it has at present. Sometimes I feel down but I chose to hold on and be patient. I just consider those issues with crypto as a trial in fulfilling my dreams of having a good fortune and convenient life with cryptocurrency.

cryptocamacho4785

jr. member

Activity: 56

Merit: 1

ALTcoins have faced difficulty before, many times. There has been a upsurge for the demand of BTC which in turn has seen ALTcoins' value and demand getting damaged in the market. Now that, BTC has come to a stable state there is possibilities for the ALTs to grow again.

MoneyCryptor520

newbie

Activity: 257

Merit: 0

It’s all about patience. Even though the ETF doesn’t get approved anytime soon the altcoins will recover but maybe not all of them, just a few good ones with great potential. We have seen bitcoin plumbing down like a roller coaster ride before and recovering more than we expected. We'll see the same in altcoins someday.

butterfly8226

newbie

Activity: 84

Merit: 0

I don't really think the ETF rejection will affect the market in any way. In my opinion, ALT market is facing difficulty because many people are exchanging their Alts with BTC rather than using fiat money after the news of Bitcoin ETF broke out. If SEC rejects ETF proposal then both BTC and ALT market will become stable as people will try to find alternative options to BTC to make profit from and the obvious choice will be ALTcoins.

CryptoRaymond

jr. member

Activity: 142

Merit: 1

I might not say it as Do or die rather say it hold your breath and wait for the fresh air, you will get it, just wait for a time to come. Crypto market is that what you are seeing now, full of volatility and FUD also. That not means you are going to perish, you will by your knowledge come over it. It is a time to prove you a tough Crypto- enthusiast.

Trustor

full member

Activity: 342

Merit: 100

When you first enter in the market the first thing you have to keep in mind is that the market is volatile and the volatility of the market makes your nerves go up and down and from that some people get into panic and they sell coins at cheap rates but the best thing you can do is to have patience and wait for the market to get green and if you have patience then you will be able to survive in this crypto world otherwise short-term investments will not take you anywhere than in a pit of losses believe me market is not easy to survive.

Aligab166

jr. member

Activity: 194

Merit: 1

Quote from: Tilbrook007 on July 31, 2018, 05:42:24 AM

It is a bloodbath to say the least!
Hold the line: This is do or die!
If the ETF is not approved everything will get worse and take a long time to recover!
It isn’t easy watching money evaporate but we knew that this game was speculative and have to pay the price!
Like I said: Do or die!

It is really not going to be easy with cryptos if the ETF approval for Bitcoin eventually fails although it won't mark the end of Bitcoin and cryptos. ut if it does pass through the SEC, then we are all clear and good to go.

solarsun

jr. member

Activity: 99

Merit: 1

I think the people who have made it this far are the true crypto warriors. Who on gods earth would sell at this point? You would have to be in a real dire need for cash to sell now.

JCLee

full member

Activity: 280

Merit: 100

It's correct! I agree with your point of view, the cryptocurrency market in general and the ETH exchange rate, in particular, are challenging your patience. If this time you panic sell is likely to lose money, and if you continue to hold the ability will be profitable because the ETH exchange rate will surely increase at the end of this year.

crenfrosck

member

Activity: 470

Merit: 12

To be fair, alts were greatly overpriced at the start of the year and even though this correction might seem as an extreme, it was needed. We can't go up forever. In fact, most of the projects did not have a properly working product on the table, so I would say the whole market was significantly overpriced, which is true. Anyway, I can see a light at the end of the tunnel as a majority of new devs realized that they need to prove they are worth our money and MVPs are more frequently a proof of their work (even before the start of the fundraising). This does not bring an instant success but indicates that the seriousness is entering the market which will eventually be beneficial for the whole space.

JakenBake

member

Activity: 150

Merit: 11

I think the end of this bear is very near and the spring is compressed down so far that the moon shoot up is going to be amazing. I for one cannot wait for things to kick off. Great time for accumulation.

nelson4lov

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Top Crypto Casino

Quote from: Tilbrook007 on July 31, 2018, 05:42:24 AM

It is a bloodbath to say the least!
Hold the line: This is do or die!
If the ETF is not approved everything will get worse and take a long time to recover!
It isn’t easy watching money evaporate but we knew that this game was speculative and have to pay the price!
Like I said: Do or die!

It's a bloodbath already. And I believe a lot of investors and traders have gotten rekt by the ever dipping prices of Cryptocurrencies. Since Its a bear market already, There's only two options now. You can either sell at a [huge] loss or better still, You hodl and ride the downtrend. But on a light note, I feel It'll take more than ETF approval to take crypto to the next level.

myrionhymn

newbie

Activity: 36

Merit: 0

For me, cryptocurrency is for risk takers only.
Because the value at Alt market is very volatile.
It may go up or down. Some are not moving.
Some takes a long time in the run.
It's better if you monitor the price value and invest different kind of coins to invest not just one.
Just my thought. 😁

RedzoneASE

member

Activity: 350

Merit: 10

TRONscratch.com

Quote from: Tilbrook007 on July 31, 2018, 05:42:24 AM

It is a bloodbath to say the least!
Hold the line: This is do or die!
If the ETF is not approved everything will get worse and take a long time to recover!
It isn’t easy watching money evaporate but we knew that this game was speculative and have to pay the price!
Like I said: Do or die!

Yes indeed. This will test our patience and perseverance. We need to maintain our goal to gain profit not the other way around. Time is one of the factor we are racing in. This should do in any way.

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: Tilbrook007 on July 31, 2018, 05:42:24 AM

It is a bloodbath to say the least!
Hold the line: This is do or die!
If the ETF is not approved everything will get worse and take a long time to recover!
It isn’t easy watching money evaporate but we knew that this game was speculative and have to pay the price!
Like I said: Do or die!

It does not have to be that way, you could just hold bitcoin or some other powerful alts and forget about the extreme volatility of small alts, now if you already invested in it, and you should not have done it, then your only choice is to reevaluate your decision, do you really think that you picked the right coins by selecting the altcoins you did? If the answer is yes then hold, but if it is a no then you need to sell.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: Tilbrook007 on July 31, 2018, 05:42:24 AM

It is a bloodbath to say the least!
Hold the line: This is do or die!
If the ETF is not approved everything will get worse and take a long time to recover!
It isn’t easy watching money evaporate but we knew that this game was speculative and have to pay the price!
Like I said: Do or die!

I though the ETF proposal was already rejected once or was it just postponed? Experts are saying that it will take another nine to twelve months before ETF is accepted.
The price of altcoins are actually more sensitive than bitcoin. If bitcoin price rises, altcoin price rises as much or bit lesser. But if the price of bitcoin falls down a bit, we see the price of altcoins going down even more. So just holding the altcoins will eventually in the long run give you profit.

StGermain

member

Activity: 224

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QuickX ICO

Quote from: Tilbrook007 on July 31, 2018, 05:42:24 AM

It is a bloodbath to say the least!
Hold the line: This is do or die!
If the ETF is not approved everything will get worse and take a long time to recover!
It isn’t easy watching money evaporate but we knew that this game was speculative and have to pay the price!
Like I said: Do or die!

Once you have been around for enough time you will notice that bloodbaths are the norm in crypto, there is little to do about and it comes as a side dish with the great proftis that can potentially be made.

SweetCryptoNews

newbie

Activity: 96

Merit: 0

Even if Bitcoin ETF is not approved, the crypto currency market will not stop developing. In the long run, everyone will definitely win, and those who do not have enough patience will lose.

simapple

newbie

Activity: 238

Merit: 0

I totally agree! The cryptocurrency market is a market of expectations, so if you are not a trader-buy and forget, you will be pleasantly surprised in a couple of years.

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