Topic: Very Unpredictable - page 7. (Read 1269 times)
I don't predict anything about the market because the more we think about our market, the more chaotic
if for this month everything is very unpredictable especially in etherium and altcoins where it all goes down a lot. but sometimes there are coins that suddenly rise quickly.
I would suggest you avoid using mecatrox now and switch to other exchanges. Sometimes, there are bounties that actually recommend certain exchanges that are good for their coin. And also, I think you should ask for experts' advice before you proceed to transactions. Binance and KuCoin are great exchange sites by the way.
New coin listed on exchange usually its pumping before and dump after listed, one way they pay exchange for listing, another way they pay member/ community for voting, its all pump and dump scheme, be smart...
This is a very small market so prices are going to be volatile. Even a top coin like Ethereum had a flash crash last year on GDAX. One has to be careful in chasing any price spikes.
The crypto platform is a volatile market it can be agreed. But our need is positive fluctuation of crypto because no one is expect a bad condition of market. So we need a good move but current market is really non supporting phenomenon and Ethereum is strong community so marketcap is maintain a healthy result. Now we need a crypto adoption because it is useful to identify the best results
This is a very small market so prices are going to be volatile. Even a top coin like Ethereum had a flash crash last year on GDAX. One has to be careful in chasing any price spikes.
You are well aware that the prices of altcoins in the market are very volitile, which is one of the factors trading cryptocurrency is much risky than forex trading, however it is the same volatility will make you profits is handled correctly, and as I can see you are not well aware how trading can be so difficult if you are not careful enough and dont have any strategy hence you lossing some assets.
I agree that it is very difficult to predict the moving of the market now. But I think that in strong assets like Bitcoin or Ethereum are predictable through technical analysis. So IMHO Bitcoin price will fall under $2000 and Ethereum price below than $70 by June of 2019.
Mercatox is legit one of the main homes for pump'n dumps. You can often see in the chat how some guys start to pump some crapcoin and then you see how people start to buy in. What happens next is a disappointment for a lot of people who thought they can overplay the pump starters.
well that's trader's life, you win some you lose some or even more. but we can learn through experience.
anyway some tokens are shitcoins and sometimes they are the ones which has more gains at the start. and bear in mind that the community drives also for the voting success. which means more voters means more supporter of that token. anyway if you believe of the coin you bought, then just hold it and wait for it's moment to shine.
anyway some tokens are shitcoins and sometimes they are the ones which has more gains at the start. and bear in mind that the community drives also for the voting success. which means more voters means more supporter of that token. anyway if you believe of the coin you bought, then just hold it and wait for it's moment to shine.
yes, this market is very unpredictable, sometimes it goes up then suddenly it will go for a huge dip again then go for a bull run. that is why its hard to invest for short term now and expect for a huge profit just by doing it .
because mercatox wants coins that are really in demand by investors instead of junk coins that only want to be registered there. In my opinion the steps taken by the Mercatox are correct, they are the selection of coin coins that come in, they take the best coins
considering it is not among the big exchanges and also the fact that it is not at all popular i would say it is more like an experiment for them. the exchanges won't survive like this if they start being picky about what altcoin they list since the worst altcoins (the shitcoins) get pumped and dumped more than the real good ones and as an exchange more volume means more profit not better coins.
So many coins you can pick and So many exchanger you can pick also.You can change for the best and so many tokens are comming for a great project just be wise what's your picking.
because mercatox wants coins that are really in demand by investors instead of junk coins that only want to be registered there. In my opinion the steps taken by the Mercatox are correct, they are the selection of coin coins that come in, they take the best coins
although very altcoins are unpredictable. but in reality there are still many altcoins that are stable and still have good character if you are going to trade.
Yes, since from the start I have enter on this field of crypto I've already anticipated that all coins value are always unpredictable, even we can see a high value in market then suddenly it will drop down because it is decentralised system and no other party regulated on it, as people always do selling at high price and that is why crypto coins are volatile. 
Address your words to mercatox itself if they are working like that. And if the coins you invested aren't moving, you chose the wrong coins and don't blame it to the market because you are aware of it that its unpredictable. You may hate trading today but if you are taking this as a lesson, you'll learn a lot of things on it eventually. Are you new to trading or you just want to share your frustrations?
Nobody to blame here now but ourselves because everyone of us had the chance to hold and grow our coins. The unpredictable price always depends on how the demand always worked at crucial times, so trading definitely put everybody at risk specially on those tough moments of being panic.
Quick answer, it still depends on the project.
Having listed on an exchange thru public voting process doesn't mean or equal to be a bad trait.
In contrary, it could be a good thing since they must have been so confident on their products and their community for winning the process.
Having listed on an exchange thru public voting process doesn't mean or equal to be a bad trait.
In contrary, it could be a good thing since they must have been so confident on their products and their community for winning the process.
although very altcoins are unpredictable. but in reality there are still many altcoins that are stable and still have good character if you are going to trade.
I assert that no one can predict the direction of the market, so I think we should rely on luck more, be patient, because only patience will bring success to you.
Mercatox is one of those cheap trading platform like etherdelta / forkdelta or IDEX. Seeing an altcoin got pump that was just listed by winning the voting mechanism is not surprising. If you just think deeper, they won because they have large community or supporters right? Meaning to say, there are a massive supporters who wanted to buy or sell the altcoin. They either pumping the altcoin because they wanted to sell their holdings on a higher price. If you notice and in most cases, those altcoins that are newly listed always being pump because of the hype.
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