Yes, you are right.
But at the same time, it is more complicated than that.
The vast majority of investors that made the market swell in dec 2017 (which caused it to crash) were inexperienced traders.
The market was pushed past it's limit and subsequentlly popped.
I wonder how many of those have left crypto?
However, the overall sentiment of institutional investors is that they do want to get in, but are waiting for the right moment.
This includes prices, but also regulations and wider adoption of security coins and tokens.
I can see the market becoming much more healthy as regulations and "pros" step in.
Until then, it is still an unhealthy, volatile place.
Topic: This market is unhealthy? Maybe Not! - page 44. (Read 4600 times)
Not at all, the market is healthy now, it responds mostly to news and it does not seem to have strong corrections pending. I think is business as usual this month.
Cryptocurrency can be compared to stock market.
If you see a newer or less matured stock market, it would have larger fluctuation (in limited amount of trading hours).
And even a larger stock market has large emotional fluctuations, they have tools to reduce them like circuit breaker.
Cryptocurrency on the other hand is a 24 hour market with no circuit breakers.
If you see a newer or less matured stock market, it would have larger fluctuation (in limited amount of trading hours).
And even a larger stock market has large emotional fluctuations, they have tools to reduce them like circuit breaker.
Cryptocurrency on the other hand is a 24 hour market with no circuit breakers.
You can say what you like but markets go down when there is no confidence!
If it crashes big time the media will make cryptos look worse than they already have!
Such is life!
You cant say that cryptocurrency market is unhealthy just because the prices of majority of the cryptocurrency are down because stock market also experiencing it sometimes. And how could you say that it is unhealthy if traders can still make profit from it? It may be unhealthy for you because you are just a holder and it hurts you when the price are not going the way you are seeing it in your vision. You also have to accept that this market is still new and there are lots of people that wants to manipulate the price. If it crashes big time the media will make cryptos look worse than they already have!
Such is life!
You can say what you like but markets go down when there is no confidence!
If it crashes big time the media will make cryptos look worse than they already have!
Such is life!
If it crashes big time the media will make cryptos look worse than they already have!
Such is life!
This crash will give the opportunity to the other people to invest because we knew already causes of price dip, this is the effect hacking and this is only a temporary and expect for the bull run in coming days, nothing to worry about this dip, don't panic to sell all your coin, since this crash is not a result market cap, so just be confident that this will make a bounce back.
Although many people are now smashing the cryptocurrency market, anyone who has really joined the market knows that there is gold everywhere. This is our chance to make money!
Seeing the past history of crypto, there have been many wary, sceptical, or plain anti crypto, and it has still continued to surprise.
This market is good for people who know about crypto. Many people will invest just because of down value of BTC and ethereum because these two coins are most strongest and will rise back.
The crash makes it healthier, a run to $20.000 was very unhealthy this is why bitcoin has crashed to $6000. It is a cycle of bitcoin, it is unhealthy because of manipulation.
True, stable market is healthy. There are no massive pumps, only slow growth.And what about the price? You can buy altcoins on sale now, so where is the problem?
I agree with your opinion. Not everyone considers that the current market situation is unhealthy, many are benefiting by this situation. Fluctuations become an indispensable part of crypto, and a good land for traders. Patience becomes an important thing to have as you say.
The crash makes it healthier, a run to $20.000 was very unhealthy this is why bitcoin has crashed to $6000. It is a cycle of bitcoin, it is unhealthy because of manipulation.
It may look unhealthy to you, but not for everyone. You see fluctuations, volatility, crashing, and all kinds of price changing stuff is a normal thing in cryptocurrency. Infact this is the sign of a healthy market. Opening an opportunity for a good entry point and reap your profit later on. You cant expect the market to always increase, it will always experience struggles.
Patience is an important character that you must posses when youre investing. Disregard all those negative stuff that the media are saying, they dont even control the market.
I agree with your opinion. Not everyone considers that the current market situation is unhealthy, many are benefiting by this situation. Fluctuations become an indispensable part of crypto, and a good land for traders. Patience becomes an important thing to have as you say. Patience is an important character that you must posses when youre investing. Disregard all those negative stuff that the media are saying, they dont even control the market.
It may look unhealthy to you, but not for everyone. You see fluctuations, volatility, crashing, and all kinds of price changing stuff is a normal thing in cryptocurrency. Infact this is the sign of a healthy market. Opening an opportunity for a good entry point and reap your profit later on. You cant expect the market to always increase, it will always experience struggles.
Patience is an important character that you must posses when youre investing. Disregard all those negative stuff that the media are saying, they dont even control the market.
Patience is an important character that you must posses when youre investing. Disregard all those negative stuff that the media are saying, they dont even control the market.
This is the real market trend of cryptocurrency it may seems unhealthy for an impatient investors and traders but for long term holders they get used to it. The ups and downs of the market, sudden and unexpected crash and a lots of FUDs and bash if you already know the waves of this market then waiting for the right time to hit the target is what we are looking for but the answer is when but if you can wait patiently you know how to conquer it.
Crashing for a long time is really unexpected for this growing industry. People will get frustrated and FUD will be increased. Thus a big number of traders may went ot from the market which we never want. I think we all have to ct combindly ro same the indusry as much as possible.
You can say what you like but markets go down when there is no confidence!
If it crashes big time the media will make cryptos look worse than they already have!
But
Things are changing and I believe the Bulls will take Bitcoin to 7K plus and restore confidence!
Bitcoin Forever!
If it crashes big time the media will make cryptos look worse than they already have!
But
Things are changing and I believe the Bulls will take Bitcoin to 7K plus and restore confidence!
Bitcoin Forever!
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