Topic: Total Marketcap is rising, start of bullish market? - page 2. (Read 504 times)
I have no reason to believe this isn't the start of a bull run. I previously was cautious about it, but now seeing that we have only had one minor red day or two in the past couple of weeks how is that not bullish? Sure the green days haven't been absurdly hot in terms of valuations increasing but the rise has been slow and steady. I prefer slow and steady and if we did this for another 2 months I would be absolutely fine with that.
Marketcap doesn't decide anything. Marketcap is dependent upon the price of the cryptocurrencies. If they rise the overall marketcap will grow automatically. Right now the bull phase isn't confirmed. Bitcoin is yet to test some upper support levels which if broken can only confirm any positive price action. Else we will see another dump for accumulation stage. But as people are FOMOing, enjoy altcoin trading and book profits
I think it is too early to say that it's already the start of another bullish trend. Even though we see most of the coins out there in green does not mean we have to let our guard down and be confident with our investments. A false belief that investments in crypto will make you gain profit by not doing anything will take you nowhere.
Through an investment point of view, holding for the long run is defiantly beneficial as per my opinion. However, I believe that the movement is a growth and hence I try to spend my 50% of the funds in order to contribute to the growth. We must realize the fact that Bitcoin is valuable today just because early adopters have decided to use Bitcoin as a payment system. It is now our responsibility to use it in that way instead of focusing on the speculation.
Good news is coming to those who hold there coins patiently and endure the wallet circumstances. Very nice things in the present price is increasing and it can last for long days that probably will hit the moon and written down in the history that the new record filled crypto market price.
Yes the whole market rising is good. If you look at most altcoins they have bottomed and have been surging off that bottom strongly recently. Bitcoin as well. I expect a slow recovery taking most of the year, but it seems the recovery has started. As the weeks go by if the prices keep going up little by little people will gain confidence and realize its the best time to start buying in again as prices will never be this low again in a few months.
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success.
those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,,
we really just have to hold and believe, Patience is the key of success.
those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, It is true that there really are good signs since last week which has given most of the crypto lovers in this industry to have a strand of hope out of all the fud that is being spread all over the internet. Almost every crypto holder today are crossing their fingers hoping that this is an early sign or an indicator that the bullish season is now about to start or is already starting slowly. But the thing is, after all that has happened into this industry from the past years to this day, I myself can never be too sure anymore on what is gonna happen tomorrow, the next day, the day after that, next month or the next year. But as what you have said, the ones that have managed to hold and endure are the warriors in the market and they will only be the ones who will be able to reap the rewards of their patience and endurance. Hence, I too will not sell and keep on buying instead.
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,,
we really just have to hold and believe, Patience is the key of success.
those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, yes, this is a fresh breeze for coin holders. and ultimately their patience is not in vain. hopefully this will be the beginning of the return of value in the market and create a new spirit for investors.
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
rise of the total market cap does not necessarily mean price rises let alone a bull market!what you are seeing is mainly the bitcoin rise effect which has first incresed the total market cap when bitcoin price went up then as the price became pretty stable altcoins began to rise and with that market cap went up. none of this means a bull market.
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we really just have to hold and believe, Patience is the key of success. those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,,
whoever held altcoins while losing 70% has no idea what he is doing. i wouldn't use the word "warrior" i would use "idiot" instead. those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, It is too early to tell it a bull market.
well to be fair to you, one is only an idiot as long as they don't learn from their mistakes otherwise making mistakes even big ones like this and losing money is a part of all our lives. every trader, even the big players are making mistakes at some point. the thing that sets them apart is what they do after they made that mistake. as long a you learn from it and try to avoid making it again, you can be considered a good trader.
Bitcoin back in its normal price just right now. Almost all cryptocurrencies are pumping simultaneously with the price of bitcoin. It seems like the bull run is starting to kick! Hopefully, it will continue even at the end of this month. We must celebrate! A lot of green leaves in the coinmarketcap!
Woah i think it's still a bit too early for that though. I agree that what's haopening now is a good sign but expecting a bull run because of this may be reaching out a but too far. I'm ok with btc stabilizing for a time here so my alts can actually move forward
Right. 70% losses and holding is a true warrior? What's that make those in profit, cowards? Not that I'm dissing holders, far from. But if you're in at 70% losses, then you bought at or near the ATH. Most likely makes you a speculator rather than a holder, jumping in for fear of missing out instead of getting in earlier or waiting for the dust to settle (and I doubt it's really settled yet).
Of course I'm happy. But I won't be surprised if we get another downturn, or several more. Was fully prepared to face an entire year of sluggishness - while market cap keeps upping thanks to supply rather than price.
Of course I'm happy. But I won't be surprised if we get another downturn, or several more. Was fully prepared to face an entire year of sluggishness - while market cap keeps upping thanks to supply rather than price.
That was just a beartrap..
Off to $100k
Great beartrap, it's path is opposite to what it used to be. See you at $100k.Off to $100k
If Bitcoin manages to break the $8,500 mark there should be more positive upward movement but if it sinks below $7,800 we could be headed back to where we started before this minor pump
Let's give few more hours or within a day. Current sitting at $8,300 so close to $8,500. It's now a safe haven that bitcoin sits at $8,000 now.you cant win unless we fight,,
You can win actually without fighting, just watch the recovery.
Bitcoin back in its normal price just right now. Almost all cryptocurrencies are pumping simultaneously with the price of bitcoin. It seems like the bull run is starting to kick! Hopefully, it will continue even at the end of this month. We must celebrate! A lot of green leaves in the coinmarketcap!
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,,
we really just have to hold and believe, Patience is the key of success.
those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, Just because the market cap went up $50billion the last 7 days doesn't mean we have seen or will see a trend reversal. Market is still bearish!!
And as long we are not back above 12k-14k I see no reason to get excited. Sorry to be the party pooper, but that's how I see things when I look at the chart.
In terms of your holding statement I would like to make a slightly differentiation here.
Holding Bitcoin through those times is ok. Everyone a few years in the crypto space knows why holding Bitcoin for a long term makes sense. However holding altcoins is just crazy and irresponsible. They are good for trading and to make more BTC, but that's it. Every crypto og trader will admit when he is honest to you.
So holding one thing is not the same as holding other things!
There is no real news to support this rise and there is no significant rise.
All that happens is a correction followed by optimism in the performance of the market led to a rise in the price of Bitcoin and a large speculation in the price of altcoins.
As soon as the market miss this optimism you will notice a stabilization in the price of the bitcoin and a rebound in the price of altcoins.
All that happens is a correction followed by optimism in the performance of the market led to a rise in the price of Bitcoin and a large speculation in the price of altcoins.
As soon as the market miss this optimism you will notice a stabilization in the price of the bitcoin and a rebound in the price of altcoins.
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
rise of the total market cap does not necessarily mean price rises let alone a bull market!what you are seeing is mainly the bitcoin rise effect which has first incresed the total market cap when bitcoin price went up then as the price became pretty stable altcoins began to rise and with that market cap went up. none of this means a bull market.
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we really just have to hold and believe, Patience is the key of success. those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,,
whoever held altcoins while losing 70% has no idea what he is doing. i wouldn't use the word "warrior" i would use "idiot" instead. those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, It is too early to tell it a bull market.
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,,
we really just have to hold and believe, Patience is the key of success.
those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, I think we are already down the trend line and if we consider the ATH rates then this market cap is really nothing in front of that. If we need to see actual market recovery then let it be there in the prices each coin visible clearly to us. The market cap is just how much being bought and sold maths and its not really indicative of the whole scenario with 100% assurance. Regarding other facts like patience is the key and all, yes off course we do need that and before entering this market this should be the tag line at the door step if there was a door anywhere.
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whoever held altcoins while losing 70% has no idea what he is doing. i wouldn't use the word "warrior" i would use "idiot" instead.Lolz
Nice moderate increase in trading volume for the top altcoins
If Bitcoin manages to break the $8,500 mark there should be more positive upward movement but if it sinks below $7,800 we could be headed back to where we started before this minor pump
If Bitcoin manages to break the $8,500 mark there should be more positive upward movement but if it sinks below $7,800 we could be headed back to where we started before this minor pump
It is true, market cap on cryptomarket rising from around 250billions dollars and market cap right now around 350billion dollars. I think cryptomarket already recovery and start to bullish again. But as we can see, bitcoin dominant drop from 45% last week become around 38% and i think its altcoin season
it is too soon to have an altcoin season.
what we currently have is a stable bitcoin market where traders migrate temporarily to altcoins to pump and dump them and make money while bitcoin stands still. these pumps will obviously increase the total market cap.
an altcoin season is usually during summer and it is a market wide altcoin pump which is actually rare.
very good if crypto market there has been a significant increase, that's what we expect so far after previously almost disappointed because cypto down dramatically but now the opposite of that, increased drastically
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