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Topic: What else after this massive dip ? - page 2. (Read 524 times)

member
Activity: 154
Merit: 10
February 10, 2018, 10:40:00 AM
#53
The market trend is normal. The problem is most people bought high sold low. Smart investors like this trend because they can sell high buy low. If you see the graph. BTC is way expensive. Mcafee only predited $5k for Dec 2017. I am not endorsing anyone to buy or sell, what I am saying BTC is still more expensive than predicted.
legendary
Activity: 1582
Merit: 1059
February 10, 2018, 10:19:05 AM
#52
Well as you can see the dip seems to be over now, and although this was a big correction, it wasn't the largest one bitcoin had, not even the longest one.

Check this image to have an idea:



As you can see there, we had plenty of corrections like this one, and two big ones on 2013. The volatility will not disappear any time soon in crypto markets, so you will probably get more corrections like this in the future. It all depends on how the market grows, and normally the crypto markets have huge unsustainable growths followed by big dips, because they are highly speculative and influenced by fud and fomo. The questions you always need to ask yourself are the following: Did the fundamentals changed? Did development stopped?

Bitcoin dev team did not stop working on bitcoin, and the fundamentals are the same, so there is no reason for alarm, and if you believed in bitcoin when it was at $20k, you must still believe in it now, and the same thing goes for a lot of other coins.
full member
Activity: 462
Merit: 101
February 10, 2018, 09:33:53 AM
#51
As you could see there is no bad news about bitcoin anymore. Now we see only good news about bitcoin. This suggests that the trend has changed and we should wait for the price increase. I hope that will be so.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 10, 2018, 04:44:16 AM
#50
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?
All I know is that after massive dip then there will be coming great rise, I'm sure of that no doubts because I know and I believe that soon btc will recover.

Correct and this has happened everytime there has been a dip. I expect traders to become aware of this those who are trading for some time and have gained experience on how the markets recycle. Also there are whales pumping coins - its important to observe them and get out or get it when the condition is still ripe.

Now the situation is fundamentally opposite and the news background says that the cryptocurrency market from now on will start a lively rise in prices for all cryptocurrencies. More and more countries are reconsidering their opinion about bitcoin, are trying to prepare their own legislation for introducing it into their economy and it pleases!

Umm is there any credible source for this or are you simply making things up?
member
Activity: 434
Merit: 10
February 09, 2018, 05:29:46 PM
#49
This market is crypto currency. Negative news about bitcoin will go on as long as whales need it. Whales want to buy bitcoin at a low price. Once everything is purchased - immediately see good news and the market will begin to recover. What we are observing now.
Crypto is really unpredictable and that is why many of us was worried but the faith of holding is still there. We already know that sooner or later it will recover because that is the trend of the market.
member
Activity: 476
Merit: 17
February 09, 2018, 02:25:17 PM
#48
Now the situation is fundamentally opposite and the news background says that the cryptocurrency market from now on will start a lively rise in prices for all cryptocurrencies. More and more countries are reconsidering their opinion about bitcoin, are trying to prepare their own legislation for introducing it into their economy and it pleases!
hero member
Activity: 1750
Merit: 589
February 09, 2018, 09:35:32 AM
#47
well in the midst of all this, one thing is certain and that is the market will bounce back stronger as has always happened.i personally believe this year will be a year of regulations of the crypto space by governments but that won't stop cryptos from moving up.
It is just a matter of regulating bitcoin to somehow balanced the stock and demand movement of bitcoin. It is good for bitcoin because it could help for the future development of bitcoin in terms of value, transactions and its volume for trading where it is a big step for development and future progress of bitcoin in relation to changes of the price of bitcoin.
member
Activity: 83
Merit: 10
February 09, 2018, 08:34:28 AM
#46
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?
All I know is that after massive dip then there will be coming great rise, I'm sure of that no doubts because I know and I believe that soon btc will recover.
Yes it will recover, there are bad news about bitcoin that's why the price of bitcoin and all coins are down, but it will rise again maybe after this month of February.
member
Activity: 252
Merit: 10
February 09, 2018, 08:04:30 AM
#45
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?
All I know is that after massive dip then there will be coming great rise, I'm sure of that no doubts because I know and I believe that soon btc will recover.
sr. member
Activity: 882
Merit: 251
February 09, 2018, 08:01:41 AM
#44
Usually, after a massive dip, there is expected to be a rise in price. But as the case may be, there could be an increase in price, which everybody is expecting and on the other hand, a further dip may even occur. At this point, it is always expected for there to be a reversal.
This massive dip is just temporary for sure. As many people says, bitcoin will tend to rise in the future. There are many speculation about bitcon but so you know most are holding it. Don't lose hope about happening in the crypto markets many fuds that users got panic. Yet, some holding bitcoin for the good.
full member
Activity: 462
Merit: 101
February 08, 2018, 09:48:43 AM
#43
This market is crypto currency. Negative news about bitcoin will go on as long as whales need it. Whales want to buy bitcoin at a low price. Once everything is purchased - immediately see good news and the market will begin to recover. What we are observing now.
member
Activity: 392
Merit: 11
February 08, 2018, 09:39:50 AM
#42
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?

Of course it still is. Bad news thus affecting the price of Cryptocurrency, but there's still good news about it, I heard Banks are now trying to accept BTC in EU. Its a matter of patience, if your patient enough you'll be rewarded.
The market is gradually stabilizing and I think the whole market will rise slightly in the near future. By March this year, there will be rapid fluctuation and growth of the market. Investors from the Asian market will bring the crypto coins to new heights. Low value altcoin under $ 10 will increase sharply because investors are often interested in low altcoin to increase prices more.
full member
Activity: 461
Merit: 101
February 08, 2018, 08:55:17 AM
#41
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?

Of course it still is. Bad news thus affecting the price of Cryptocurrency, but there's still good news about it, I heard Banks are now trying to accept BTC in EU. Its a matter of patience, if your patient enough you'll be rewarded.
The goodness about this is atleast there still some countries who are trying to figuring out the good side and a better potential of bitcoin in their society and maybe in their economy. This kind of possibilities that happen, either downfall of bitcoin price or banning bitcoin is Asian countries will not be avoided we should be patience waiting for so many good news to come.a
newbie
Activity: 20
Merit: 0
February 08, 2018, 05:49:45 AM
#40
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?

Of course it still is. Bad news thus affecting the price of Cryptocurrency, but there's still good news about it, I heard Banks are now trying to accept BTC in EU. Its a matter of patience, if your patient enough you'll be rewarded.
full member
Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
February 08, 2018, 05:46:08 AM
#39
in this month, it will be a very hard time for all cryptocurrencies to rise back from the big drop, this happen everyyear and becoming a normal phenomynon that makes me believe this is just the correction of bitcoin in Chinese new year eve and perhaps may happen so many times in the future. But after the big dip, surely the price will be back much higher than ever before, so lets hope for a better day.
full member
Activity: 1048
Merit: 101
February 08, 2018, 05:41:49 AM
#38
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?
You are right because some bad news coming from asia and does that affect the sharp decline in cryptocurrency or not, and then worth it or not invested it depends on each of them, I myself still think that cryptocurrency worth to invest, now how we can take advantage of this situation or not.
full member
Activity: 602
Merit: 102
February 08, 2018, 05:19:27 AM
#37
Usually, after a massive dip, there is expected to be a rise in price. But as the case may be, there could be an increase in price, which everybody is expecting and on the other hand, a further dip may even occur. At this point, it is always expected for there to be a reversal.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
February 08, 2018, 04:59:19 AM
#36
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?

good question.. but may i ask? will anything goes straight up always?
It will not, remember bitcoin gets a big pump at 2013 and then it backs again to the bottom which around double digits of dollars.
But the legalism becomes the primary concern in the crypto. How more and more countries are seeing it as excellent income to earn another income from taxation.
legendary
Activity: 1316
Merit: 1011
February 08, 2018, 04:57:53 AM
#35
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?

Yes, it is still a good correction and eventually markets will go up in no time, news and FUDs are coming out because some investors wants to enter in a low prices.

Recently a lot of governments are making comments to regulate this market but some people spreading this news as a ban to create a panic in investors. Only people who are already know how this market works will hold their coins for long-term but new investors may sell at loss by looking at this news. I believe before this year-end it may go back to around 20K range. So I'm not selling any of my coins but buying some more at this dip.
hero member
Activity: 994
Merit: 504
February 08, 2018, 04:51:49 AM
#34
Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?

Yes, it is still a good correction and eventually markets will go up in no time, news and FUDs are coming out because some investors wants to enter in a low prices.
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