weak period for cryptocurrency, do you agree? - page 16.

Elcapsono

sr. member

Activity: 434

Merit: 250

Quote from: keskass on June 10, 2018, 10:45:47 AM

I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?

Very weak, market capitalization is very small and the volume of trading is not shining. There are many reasons for this, and one of them will be singled out as the main one, there is only one way out, or wait and hope or sell, but come back later when the rapid growth begins.

mbah

sr. member

Activity: 700

Merit: 251

the cause is because many countries that deny the existence of crypto a few months ago. but it doesn't matter for now because the pros and cons are common. so there are certainly also some are refused support. and now many countries thus showed their good attitude towards crypto. with it will certainly make crypto later will go up even higher.

Dragonrage201

full member

Activity: 630

Merit: 110

It is a weak period for sure but there have been many worse and even longer corrections in Bitcoin in the past. For example, Bitcoin was in a long correction during 2014 and most of 2015. Hope this year turns out like last year and we see a strong rise in second half.

MantoRating

newbie

Activity: 12

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I agree with you very much. As we all know, the market of cryptocurrency is complex.

MGBloomz

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Quote from: jackjackfly on June 11, 2018, 06:08:57 AM

Quote from: keskass on June 10, 2018, 10:45:47 AM

I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?

Though we still see the interest in crypto, there have been many bad news from "big people" . What I mean is that countries, together with huge services providers (Google, Facebook) are trying to regulate crypto market. That is why we see that the market in this situation

This is just a correction and a good time to buy and hold for a good bull run. Facebook and Google has no effect on this downfall as crypto will still survive even without them.

jlpabilonia

member

Activity: 308

Merit: 10

yes thats right.. this period is too slow. unlike last year if it drop bitcoin can recover immediately but now it moving slowly and slowly. maybe because of the bad reputation of some coin affect the cryptocurrency world.

nguyenkhanhhung14

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Activity: 252

Merit: 14

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I do not think like you. The fall in the crypto rate is only temporary, and it is showing strong growth in the future as the exchange rate reaches the support of $ 6,000. I guess that by the end of the year, the BTC rate will reach $ 20,000. So you should have confidence in the cryptocurrencies market and be patient.

javadevm8

newbie

Activity: 81

Merit: 0

It was in a bubble, now is just a correction. I wouldnt advise to sell into the lows.

jackjackfly

member

Activity: 322

Merit: 10

To buy or not to buy - that is the question ;)

Quote from: keskass on June 10, 2018, 10:45:47 AM

I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?

Though we still see the interest in crypto, there have been many bad news from "big people" . What I mean is that countries, together with huge services providers (Google, Facebook) are trying to regulate crypto market. That is why we see that the market in this situation

preshpr1nce

member

Activity: 266

Merit: 60

The longer it holds over 6.5k the more confidence will grow in time.
Just imagine how you would view it yourself, a huge crash from near 20k to 6.5k would have you thinking it's all in big trouble, a year between 6.5k to 9k would have you thinking it's stable, the mindset will only improve the longer it holds stable.

It's still a great market for swing trading alts, still lots of money to be made you just have to adapt to the market, holding still works if you get a good price, just improve your means of determining the top in this market.

bastiankey03

newbie

Activity: 73

Merit: 0

well i think it was quite normal since this is end of Q2. we just need to hope that in early Q4 the price gonna all pump

skaynet

full member

Activity: 326

Merit: 100

yes this is a tough time crypto, but it does not reduce people to invest in ico. I see there are still many people interested in ico

extrimals

full member

Activity: 280

Merit: 100

Well, it is certainly a good idea, it may well realize and bring though little benefit, but still any action is now good and will benefit not only themselves but also other people in need.

pinoyrichkids

member

Activity: 322

Merit: 11

Quote from: keskass on June 10, 2018, 10:45:47 AM

I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?

I agree on your statement, 2018 is the weak year of cryptocurrency, prices are falling, almost all cryptocurrency., i started bitcoin when it was 100usd each, so i would say that it is still higher today, compared to the prices when i was started cryptocurrency. A lot of reasons maybe why this year is the weak year of cryptocurrency, maybe is the government regulations and hacking everywhere.

But i hope it will return back to its normal state, so that everybody would be happy.

a31078

full member

Activity: 340

Merit: 100

I agree with you that this is a weak period in crypto because of the slow movement of market price and the gradual fall but this period will pass very soon, but patience is the key at this period in time. I think one of the reasons for the fall in crypto is due to less volume of new investors as more people are cashing out due to fear.

ArjCrypto

newbie

Activity: 52

Merit: 0

Feels like a weak period because of the prices but the projects keep developing and new promising projects are coming. The future keeps getting more bright every week. Only the price has to follow now!

unpack

member

Activity: 292

Merit: 10

Very weak, but I think that it's not over yet. The market will get to the ground, to the absolutely lowest position, there will be the time, where people will invest and the market will raise fast up.

Haruderty

full member

Activity: 140

Merit: 100

Quote from: Julunguul on June 11, 2018, 02:30:39 AM

things like this are common in cryptocurrency and you should get used to facing things like this. Patience and HODL are the key, so some experts do suggest for long-term investments, because crypto is also not a path to quick profits

I agree. Most good coins such as BTC, BCH, ETH are for long term investment.

bagikoin

sr. member

Activity: 784

Merit: 250

I also feel so. This is a bad period. Despite the big increase, however, beginning with the fall of the price really make many investors get screwed and eventually many of those who left or were forced to withstand a long period of time. up to now the only slight growth, but certainly hope a lot of people in the rest of this period there will be a large increase again to be able to recoup at the beginning of this year.

Julunguul

member

Activity: 473

Merit: 11

things like this are common in cryptocurrency and you should get used to facing things like this. Patience and HODL are the key, so some experts do suggest for long-term investments, because crypto is also not a path to quick profits

Topic: weak period for cryptocurrency, do you agree? - page 16. (Read 2765 times)