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Topic: The fourth quarter of 2018 not the brightest - page 2. (Read 458 times)

legendary
Activity: 3122
Merit: 1398
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November 16, 2018, 05:14:31 PM
#12
the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.   

Obviously those 2017 peeps still don't understand what crypto volatility is all about. They always take the last year's event as pure basis that crypto should be on bull run mode today. So what happened? Disappointment without a basis.

This is year is not good in crypto? So you want to lived on fake hype that happened last year? Let those "bad" thing happened so that the desire of majority of price increase is really because of demand.

P.S No one knows what will happened in the future. Don't just closed the book for this year. Trust the process and don't set target date for your expected bull run.
full member
Activity: 602
Merit: 100
November 16, 2018, 05:05:36 PM
#11
the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.   

Cryptocurrencies has a lot of issues, especially their regulations and the behavior. This is why this things are happening right now, no one can determine why such value keeps on decreasing and this is the danger to take note. Probably this year isn't good for them and we should need not to worry because there is still another year to wait and maybe by next year we can see a better value.
full member
Activity: 476
Merit: 124
November 16, 2018, 02:02:49 PM
#10
Most people think that Q4 2018 would be the turning point for the bloodbath to end. The opposite is happening, as the bloodbath continues and more people are suffering from the loss in their portfolio. If you have a short term goal with your holdings, this is not a good time to sell. If you are for long term investment, better stack up on those coins which was expensive some few months ago.
hero member
Activity: 2086
Merit: 994
Cats on Mars
November 16, 2018, 01:43:35 PM
#9
Some people still think that we can bounce back and test 8k-10k towards the end of the year thanks to bakkt and whatnot. I honestly don't expect much, we've been lacking buying pressure over the last few months and things might be able to stay the same after this flash crash since the bearish sentiment that's been surrounding will most likely increase in the next few weeks or the rest of the year.

We could probably recover in the next few weeks if the bulls decide it's time for another rally, perhaps with enough momentum we could even test the 7k levels, but that's as far as I think we'll go this year, and I'm being optimistic.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
November 16, 2018, 01:17:42 PM
#8
I think perhaps one pattern may repeat - the proper low coming sometime early next year.

This Q is toast in terms of bullishness. There ain't none, not that I expected any. There were no signs leading up to it and the only action we did have so far is a huge turd landing in our faces.

Time to do your Christmas shopping. I expect very little for a lengthy period of time yet.
legendary
Activity: 3080
Merit: 1353
November 16, 2018, 01:05:10 PM
#7
the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.   

Just a couple weeks ago, everyone was insisting that Q4 is always bullish for BTC. Now we're seeing this "pattern" doesn't have much basis in reality. No surprise there since we only have a handful of years of price history!

It's probably best to assume the year after a bubble is going to be a bearish year. What comes up must come down.

Correct, this year debunk the myth that Q4 is always bullish and we can also say for now that past performance is not a good indication of future successes. Perhaps we just have a small sample size, but we need to take into account how volatile this market is. At least majority, specially those who joined in 2017 learned their lessons in a hard way. The price won't go parabolic and once it burst you need to be quick and should adjust your trading strategy. Otherwise you will be holding onto something that will less likely to happen and that could put a lot of stress on you as a trader.
full member
Activity: 938
Merit: 105
November 16, 2018, 12:39:14 PM
#6
In just an hour market was drastically down yesterday, it is really hard to understand the market movement price and yet the last quarter month had not yet over, in short, it is unpredictable. Still, there is more than a month to recover Bitcoin and the entire market cap before this year end, then analytically say that it's too early to decide the real status of the market price. Don't lose hope and have faith that probably this year before to end market will be fine and back to the normal.

However, it is the right time now to buy while the market is cheap.
sr. member
Activity: 1008
Merit: 250
November 16, 2018, 12:36:40 PM
#5
But the forth quarter is not over yet, still 45 days left in this year, to recover market only few hours are enough, it will be enough to change the whole picture of the year 2018. But I have not seen any evidence or predictions with logics that can explain the behaviour of crypto currencies. Everyone is just speculating about the market to keep the strike rotating.
legendary
Activity: 1806
Merit: 1521
November 16, 2018, 12:32:44 PM
#4
the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.   

Just a couple weeks ago, everyone was insisting that Q4 is always bullish for BTC. Now we're seeing this "pattern" doesn't have much basis in reality. No surprise there since we only have a handful of years of price history!

It's probably best to assume the year after a bubble is going to be a bearish year. What comes up must come down.
full member
Activity: 518
Merit: 106
WWW.BLOCKCHAIN021.COM
November 16, 2018, 11:57:10 AM
#3
Analytically speaking if the price of bitcoin is not increasing this q4 of the year it maybe a sign that this is not the year where you could earn a large bag of profit for hodling in a long time albeit the value will still be decided by the market and its people

Trust that bitcoin is still going to pump because it is existing.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
November 16, 2018, 10:54:17 AM
#2
Many people who say that the price of bitcoin will climb up from 6k to 10k this coming 4th quarter of this year, but until now there is no sign saying that the price will go up until the end of the year instead the price of bitcoin fell.

Actually, the price of bitcoin is definitely no guarantee that the price will go up or fall because the price movement is very volatile.

There are many reasons why the price of bitcoin has fallen, one of the sample reason is a news(it may bad or good) where people can decide whether to sell or not.

Another one is "Big Investors/Holders" who sell or buy a big amount of bitcoin.

These are just some of the reasons why the price of bitcoin may increase or decrease.

However, I think the price of bitcoin won't stay too long at the current price and I still believe that bitcoin can be recover again soon after this short dive.
full member
Activity: 694
Merit: 108
santacoin.io
November 16, 2018, 09:57:15 AM
#1
the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.   
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