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Topic: What happened? (Read 4004 times)

hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
September 15, 2017, 12:45:50 PM
#71
If you are going to be successful you need to have a very wide scope so that you can see the factors that are changing your Investments up or down. There are real news and then there are fake news. Some news like this china banning one might be real , but then we should understand that this wont keep bitcoin down for long. Once people realize that bitcoin price is too low, they will start buying and once you get the buying trend, bitcoin will again cross 4000$ in a day or two.
that's the common scenario inside crypto industry fake news will create panics and newcomers will come and ride the cheap value, after that it will
rise back again with the help of whales and they will begin to cash out again and make more news or issues to shake the market better to be ready
with all this stuff and you are ready to go.
hero member
Activity: 2464
Merit: 644
Eloncoin.org - Mars, here we come!
September 15, 2017, 12:24:39 PM
#70
If you are going to be successful you need to have a very wide scope so that you can see the factors that are changing your Investments up or down. There are real news and then there are fake news. Some news like this china banning one might be real , but then we should understand that this wont keep bitcoin down for long. Once people realize that bitcoin price is too low, they will start buying and once you get the buying trend, bitcoin will again cross 4000$ in a day or two.
legendary
Activity: 2954
Merit: 1159
September 15, 2017, 11:41:07 AM
#69
I am not complaining I am simply stating that the markets are doing just fine and that at this very moment, only hours after the original post Bitcoin is doing just fine. This is why, even though most people are told to limit their number of Investments when they are first learning, do please do not limit your scope in perspective. It's the outside world and the entire cryptocurrency Market that is going to set values for these coins,
hero member
Activity: 812
Merit: 500
September 15, 2017, 11:38:09 AM
#68
I have come to conclude that the world of the individual is based on a limited scope perspective and that they expect that the rest of the world shares their scope. If any single person has invested in a single coin, and they wake up in the morning to find that coin has lost value, to them the entire cryptocurrency Market has lost value and they will post that information.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
September 14, 2017, 08:12:48 AM
#67
Another good way to get a quick handle on what the crypto market is doing is by paying attention every day to the Market Cap (CryptoCurrency Market Capitalization) as shown at the top of the CoinMarketCap homepage.

Today it is around $133B (133,268,725,237 billion dollars), which by itself that number is useless.  But if tomorrow the number is $140B or maybe $125B you'll know if things are up or down, and how much, before ever even seeing any single coin's price.

Also since I knew the Market Cap was down by around $10B from a couple days ago, it was no surprise at all to see that all coins had a down day.

And if you don't spend everyday on coinmarketcap, remembering the last MarketCap will help to catch you up quick after a break.

We're in for a long bear market I think. The chinese have just suspended all trading on one of their biggest exchanges. Don't cash out now, accumulate and hodl for next year. November 2018 is the time when millionaires will be made
member
Activity: 118
Merit: 100
September 14, 2017, 01:33:27 AM
#66
Another good way to get a quick handle on what the crypto market is doing is by paying attention every day to the Market Cap (CryptoCurrency Market Capitalization) as shown at the top of the CoinMarketCap homepage.

Today it is around $133B (133,268,725,237 billion dollars), which by itself that number is useless.  But if tomorrow the number is $140B or maybe $125B you'll know if things are up or down, and how much, before ever even seeing any single coin's price.

Also since I knew the Market Cap was down by around $10B from a couple days ago, it was no surprise at all to see that all coins had a down day.

And if you don't spend everyday on coinmarketcap, remembering the last MarketCap will help to catch you up quick after a break.
full member
Activity: 254
Merit: 100
Hydax Exchange
September 13, 2017, 10:58:56 PM
#65
China ban ICO
China planning to ban Bitcoin too
and CEO Morgan say bitcoin is just a ponzi scam
and btc-e will comeback tomorrow. many people will dump their coin
member
Activity: 107
Merit: 10
September 13, 2017, 09:15:56 PM
#64
China ban ICO
China planning to ban Bitcoin too
and CEO Morgan say bitcoin is just a ponzi scam
full member
Activity: 238
Merit: 100
🔵 Brickblock.io - Future of Stock Trading
September 13, 2017, 01:07:26 PM
#63
I'm looking to understand why the blood spilled again. Blue has reappeared in yesterday, but could not believe BTC continues dump with Altcoin today. Panic comes back, I don't know the price of BTC will be like at the end of this month. I'm very worried.



Yesterday the blood was catalyzed by Charlie Lee's tweet, amidst a sea of mounting speculation and fear. The markets are pricing in the potential news from China and a lot of people are cashing out. Even if China does "ban bitcoin" or just the exchanges, the price won't fall forever. The rest of the world will continue to use cryptocurrencies and they will increase in popularity....and China will be missing out on a huge market (which i don't find likely). Anyway, don't be worried. These corrections happen. Try to not panic sell and try not checking the charts too often. If you are too worried, maybe you have overinvested and reconsider your investment strategy.
newbie
Activity: 23
Merit: 0
September 13, 2017, 12:29:06 PM
#62
I'm looking to understand why the blood spilled again. Blue has reappeared in yesterday, but could not believe BTC continues dump with Altcoin today. Panic comes back, I don't know the price of BTC will be like at the end of this month. I'm very worried.

hero member
Activity: 966
Merit: 506
September 13, 2017, 11:08:07 AM
#61
I would plans to exchanges and see that the coins right there on the front page we're doing just fine. I would even dig deeper and see that the general average had not changed at all. I've gone so far as to take the time stamp off the original post and compare it to the closest you could get on the Bitcoin Candlestick chart and see that a post about how negative everything was going was right in the middle of a rise.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
September 11, 2017, 04:01:38 PM
#60
Newbie in crypto, invested for fun in some interesting projects, I saw most of notable coin ( and BTC too) are falling down.
Someone can explain?

Its because of the bad news that coming from CHINA and people are on panic sell because of that but don't worry everything will recover soon I hope you did not panic and sell your coins.

The overall market was bound to retract one of these days, it was so clear. It's a lot better if it gradually rises all the way up to 1 trillion, than if it shoots up and drops back down like a stone, as this might attract negative attention from governments wanting to ban it all together (like China was rumored to do)
full member
Activity: 196
Merit: 100
September 11, 2017, 03:43:08 PM
#59
Newbie in crypto, invested for fun in some interesting projects, I saw most of notable coin ( and BTC too) are falling down.
Someone can explain?

Its because of the bad news that coming from CHINA and people are on panic sell because of that but don't worry everything will recover soon I hope you did not panic and sell your coins.
sr. member
Activity: 370
Merit: 250
September 11, 2017, 03:22:26 PM
#58
The news from China is effective and there are several important reasons. Also the price of Bitcoin did not rise in a balanced way. This does not seem to be balanced because of the rapid price decline seems normal.
sr. member
Activity: 882
Merit: 282
September 11, 2017, 02:58:31 PM
#57
I don't think we should be panic about the happened and like op have rightly said now is the best time to buy as bitcoin and others altcoins  are very cheap now. Many traders are speculating that the price will fall further but I don't think that will happen as $4000 has remained the foundation and the  ground floor for now.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
September 11, 2017, 02:42:29 PM
#56
Next time you feel a panic sell coming, sell along and buy back half an hour later.

.. And here is how the panic sell and the dead cat bounce are born Wink
You are right! But I don’t think so there is any need of following the crowd, if you have strong believe in your coin and it has some good history keep it in our wallet and it is definitely going to pay you off. Panic selling is mostly done by newborn investors who are not aware of market trends very well.
this is not win win market. this is win - lose market. If new trader panic sell like that. We can make money from them. They always buy high sell low. Our money come from that

Exactly, panic sellers make us rich
sr. member
Activity: 381
Merit: 251
September 11, 2017, 01:07:24 PM
#55
Don't worry, All just in time to adjust the price, the volatility in the market is always the rules cannot be changed. Please hoarding BTC and Altcoin at a reasonable price, you will make a profit from market volatility.


member
Activity: 115
Merit: 100
September 11, 2017, 12:38:01 PM
#54
it was just bull attack but it seems it has finished.
we can go ahead.
member
Activity: 97
Merit: 10
September 11, 2017, 12:26:24 PM
#53
Next time you feel a panic sell coming, sell along and buy back half an hour later.

.. And here is how the panic sell and the dead cat bounce are born Wink
You are right! But I don’t think so there is any need of following the crowd, if you have strong believe in your coin and it has some good history keep it in our wallet and it is definitely going to pay you off. Panic selling is mostly done by newborn investors who are not aware of market trends very well.
this is not win win market. this is win - lose market. If new trader panic sell like that. We can make money from them. They always buy high sell low. Our money come from that
sr. member
Activity: 432
Merit: 250
September 11, 2017, 12:12:34 PM
#52
Next time you feel a panic sell coming, sell along and buy back half an hour later.

.. And here is how the panic sell and the dead cat bounce are born Wink
You are right! But I don’t think so there is any need of following the crowd, if you have strong believe in your coin and it has some good history keep it in our wallet and it is definitely going to pay you off. Panic selling is mostly done by newborn investors who are not aware of market trends very well.
Actually if you are a new investor in trading crypto, you should follow the trend (whales) and never choose altcoin low price for investment. Because almost altcoins fall down to low price usually keep this trend till the market creates signal recovery it. Therefore, it can makes you buried capital in longer time than trading altcoin has bullish trend.
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