Everything is possible. But maybe the crypto is just beginning, it may recede and start a new cycle
Topic: Tulips or reborn? - page 4. (Read 649 times)
It seems to me that scam projects have hardly affected the price of BTC / Rather, it is connected with market manipulations. They began last year and will now reach the level where these manipulations with the BTC price began.
I do agree. Let’s look at the price before August 2017 and see if that’s going to be the threshold. if that happens Ethereum is at a dead end.
I don't think tulips and cryptocurrencies are the same, no matter how they are profitable or used, but I don't deny that the encryption market is getting weaker.
Do you think that this is because of too many crypto in circulation or because the technology is old?Look at Hyperledger, they issue no tokens but they have legit blockchain protocols for private purposes...
It seems to me that scam projects have hardly affected the price of BTC / Rather, it is connected with market manipulations. They began last year and will now reach the level where these manipulations with the BTC price began.
I know that this may sound unpopular, but I feel that the current downtrend is not going to end soon. During last year, many vicissitudes impacted badly on liquidity and volumes and I think that the fraudulent ICOs are one of the main responsible of this crack. Being more active with trading is the only thing I am relying on to improve my portfolio, but it requires a lot of discipline and courage. What's your current strategy, guys?
That is your speculation and it could be right but also may go wrong.
I tend to HODL. It is not really because of love but it is because of my trust for the team behind it and the features of their token.
Bad things could happen anytime and same goes for every token and coins out there. Just got to hold tighter.
There may not be much of a strategy but what could you do with all this events. I bet even traders are having a hard time by now.
I’m not here to state what’s wrong or good, but holding implies very big risks. Trading means being proactive, and whether you want to contain losses or accumulate an asset that’s a solution you should really consider.
I know that this may sound unpopular, but I feel that the current downtrend is not going to end soon. During last year, many vicissitudes impacted badly on liquidity and volumes and I think that the fraudulent ICOs are one of the main responsible of this crack. Being more active with trading is the only thing I am relying on to improve my portfolio, but it requires a lot of discipline and courage. What's your current strategy, guys?
Your question is legit. I bet on Reborn.
If you now look at the cost of BTC, then it seems to me that the best strategy was to sell BTC 18,000 and wait for the fall to this day. And again buy BTC.
To be honest I sold the majority of my BTC at around 13000 during January, but that’s because I entered the market back in 2014.
What about the guys who entered in January because they where thinking about a bull run again and then panic sold their position at 8000 and rebought at 6000(ish)? The majority of this guys didn’t know anything about blockchain and technology, they were just following suggestions of BTC “gurus” on Twitter.
We need to bet on education before speculation if we want to save this market. On the contrary, banks will win again and that’s bad after so many years.
I don't think tulips and cryptocurrencies are the same, no matter how they are profitable or used, but I don't deny that the encryption market is getting weaker.
I know that this may sound unpopular, but I feel that the current downtrend is not going to end soon. During last year, many vicissitudes impacted badly on liquidity and volumes and I think that the fraudulent ICOs are one of the main responsible of this crack. Being more active with trading is the only thing I am relying on to improve my portfolio, but it requires a lot of discipline and courage. What's your current strategy, guys?
That is your speculation and it could be right but also may go wrong.
I tend to HODL. It is not really because of love but it is because of my trust for the team behind it and the features of their token.
Bad things could happen anytime and same goes for every token and coins out there. Just got to hold tighter.
There may not be much of a strategy but what could you do with all this events. I bet even traders are having a hard time by now.
If you now look at the cost of BTC, then it seems to me that the best strategy was to sell BTC 18,000 and wait for the fall to this day. And again buy BTC.
As the year progressed I became more and more convinved that there would be no recovery during 2018, I just didn't see the market receeding this much. What I have done has been to utilise the last two dips in August and this week to average down on some of my holdings and wait things out. I can afford to lose what I have invested so I feel fairly comfortable with the gamble.
That’s the good approach. Nobody should have gambled if they couldn’t afford to loose. Unfortunately, many individuals have not the same skills that you have and have been hooked by fake promises. Remember Bitconnect? That’s nothing compared to the fraudolent ICOs altogether....
As the year progressed I became more and more convinved that there would be no recovery during 2018, I just didn't see the market receeding this much. What I have done has been to utilise the last two dips in August and this week to average down on some of my holdings and wait things out. I can afford to lose what I have invested so I feel fairly comfortable with the gamble.
Bitcoin is by no means a tulip, but many people will leave the cryptocurrency market. This is inevitable. At present, the cryptocurrency market is sluggish, but investors should not lose confidence, losing confidence is equal to losing the future.
Mine was a provocation, I don’t think that Bitcoin is a tulip. I wanted to point at the fact that the ICO trend polluted the market quite a lot.
Bitcoin is by no means a tulip, but many people will leave the cryptocurrency market. This is inevitable. At present, the cryptocurrency market is sluggish, but investors should not lose confidence, losing confidence is equal to losing the future.
I know that this may sound unpopular, but I feel that the current downtrend is not going to end soon. During last year, many vicissitudes impacted badly on liquidity and volumes and I think that the fraudulent ICOs are one of the main responsible of this crack. Being more active with trading is the only thing I am relying on to improve my portfolio, but it requires a lot of discipline and courage. What's your current strategy, guys?
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