What is the balance problem of cryptocurrencies? - page 5.

thesosorr

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Quote from: Dump3er on December 16, 2021, 04:03:51 PM

Quote from: thesosorr on December 14, 2021, 12:34:08 AM

Quote from: whiteblue on December 13, 2021, 09:32:51 AM

Quote from: thesosorr on December 13, 2021, 08:13:07 AM

Cryptocurrency is still a lot of interest in investment. Even in my opinion, investment in Crypto is more profitable in the future compared to investment in other sectors. Before the famous Crypto was wide, promising investment was investment in the golden sector, but at this time the most popular investment was Crypto, even though I could not provide clear evidence.

There is no need to provide clear evidence for this because it is clearly visible among the public where when people say investment they will immediately think of cryptocurrency first even though other things are also more profitable, such as property and gold.

Since 2010 I felt that investment in the gold sector had begun to decline and turned to Cryptocurrency investment. One thing in my opinion why investment in cryptocurrency is more enthusiasts now because it is more transparent, especially the investment choice is Bitcoin.

I don't know if it is more transparent. It is definitely more volatile and harder to anticipate what's going to happen in the future in regards to use cases and regulatory developments. When it comes to gold it is relatively obvious what can be done with gold and the volatility is much lower than in the crypto space. Bitcoin, however, is quite spectacular and attracts a lot of investors because it is a brand new technology.

Investing in Cryptocurrency is indeed very interesting especially when the market that is on a decreasing graph turns into an increase. Investment in the gold sector is indeed more real and its value will increase every year in small percent, but for me it doesn't challenge.

magneto

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Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

Hell no to the cryptos losing interest narrative.

Cryptos are doing just fine and people are still very interested in investing in it.

It's just that people understand and recognise that the current marketplace is slightly overhyped and may be due for a correction, which is leading to this selloff. It's not even a huge dump given the circumstances.

Wildwest

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The current decline in crypto prices does not have a problem that is being taken seriously, but for less enthusiasts I think it is very unlikely because for this year many people who already know crypto and they have participated in it, because this year the increase in the price of bitcoin reached a new ATH and several other altcoins, And the current price decline occurs because intervention by whales can be done because they can control market trends even if not completely.

Dump3er

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Quote from: thesosorr on December 14, 2021, 12:34:08 AM

Quote from: whiteblue on December 13, 2021, 09:32:51 AM

Quote from: thesosorr on December 13, 2021, 08:13:07 AM

Cryptocurrency is still a lot of interest in investment. Even in my opinion, investment in Crypto is more profitable in the future compared to investment in other sectors. Before the famous Crypto was wide, promising investment was investment in the golden sector, but at this time the most popular investment was Crypto, even though I could not provide clear evidence.

There is no need to provide clear evidence for this because it is clearly visible among the public where when people say investment they will immediately think of cryptocurrency first even though other things are also more profitable, such as property and gold.

Since 2010 I felt that investment in the gold sector had begun to decline and turned to Cryptocurrency investment. One thing in my opinion why investment in cryptocurrency is more enthusiasts now because it is more transparent, especially the investment choice is Bitcoin.

I don't know if it is more transparent. It is definitely more volatile and harder to anticipate what's going to happen in the future in regards to use cases and regulatory developments. When it comes to gold it is relatively obvious what can be done with gold and the volatility is much lower than in the crypto space. Bitcoin, however, is quite spectacular and attracts a lot of investors because it is a brand new technology.

thesosorr

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Quote from: whiteblue on December 13, 2021, 09:32:51 AM

Quote from: thesosorr on December 13, 2021, 08:13:07 AM

Cryptocurrency is still a lot of interest in investment. Even in my opinion, investment in Crypto is more profitable in the future compared to investment in other sectors. Before the famous Crypto was wide, promising investment was investment in the golden sector, but at this time the most popular investment was Crypto, even though I could not provide clear evidence.

There is no need to provide clear evidence for this because it is clearly visible among the public where when people say investment they will immediately think of cryptocurrency first even though other things are also more profitable, such as property and gold.

Since 2010 I felt that investment in the gold sector had begun to decline and turned to Cryptocurrency investment. One thing in my opinion why investment in cryptocurrency is more enthusiasts now because it is more transparent, especially the investment choice is Bitcoin.

whiteblue

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Quote from: thesosorr on December 13, 2021, 08:13:07 AM

Cryptocurrency is still a lot of interest in investment. Even in my opinion, investment in Crypto is more profitable in the future compared to investment in other sectors. Before the famous Crypto was wide, promising investment was investment in the golden sector, but at this time the most popular investment was Crypto, even though I could not provide clear evidence.

There is no need to provide clear evidence for this because it is clearly visible among the public where when people say investment they will immediately think of cryptocurrency first even though other things are also more profitable, such as property and gold.

thesosorr

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Cryptocurrency is still a lot of interest in investment. Even in my opinion, investment in Crypto is more profitable in the future compared to investment in other sectors. Before the famous Crypto was wide, promising investment was investment in the golden sector, but at this time the most popular investment was Crypto, even though I could not provide clear evidence.

GreatArkansas

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There are a lot of things to consider here.
Market cap, trading volume, the price action of Bitcoin (as highest market cap), news, etc.

As you can also observe, most of the volatile cryptocurrencies are those that are low in market cap and trading volume.
And to be honest, most of the cryptocurrencies are following the price action of Bitcoin MOST OF THE TIME.

And for me, NEWS or the media. It's already proven before, even fake news or real news, sometimes it keeps affecting the price of the cryptocurrencies which for me I think is given and normal, it is also working on other assets (non-crypto).

irsykes

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Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

I think it is only pure because market. Because i am not see people lose interest in crypto. And with a variety of new cryptocurrencies being formed with various types, people are increasingly interested in learning about crypto. But that is what i only see in social media, there are a lot of NFTs and maybe play to earn games which still discussed by people, or maybe some IDOs.

michellee

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Panic will be the biggest reason for people for the fluctuation in cryptocurrencies. Those people who are late to invest in crypto will panic when they see the price increase, while the other people will panic when they see the price decrease because they are not yet to take profit. Crypto is not losing interest, especially for people involved in crypto for a long time ago because they see crypto can be better in the future and can change their lives better. I am not sure whales take part in this price decline, but it could be since we do not know how many whales still hold their most bitcoin amount.

Kkhair

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Quote from: Rehan Zakir on December 13, 2021, 04:19:50 AM

Big wahles are controlling the crypto market. This is the main issue of fluctuation. Whales control market by pump and dump the market. A sudden dump or pump in market vanish the small traders accounts. Whales make money by pumping or dumping market.

hopefully the whales can keep the price of digital currency to a certain point to prevent the market price from falling.
Currently the market is hopeful that the whales don't mess around with this issue in order to keep the price from falling significantly suddenly.

Rehan Zakir

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Big wahles are controlling the crypto market. This is the main issue of fluctuation. Whales control market by pump and dump the market. A sudden dump or pump in market vanish the small traders accounts. Whales make money by pumping or dumping market.

Cryptock

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Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

Currency and stock corrections happen in all financial markets. If it is not a spectacular event, there are usually many factors that contribute to this behavior. In my opinion, this time, it is largely the whales part of the game.

poodle63

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Quote from: soureden on December 12, 2021, 02:51:43 PM

I was wondering about the comments. In fact, this period is the period to shake off the panickers.

Agreed and this dump was also liquidating so many people in the crypto market (futures market). The long term believers will always try to not feel panic and they will still believe with crypto.

Quote from: soureden on December 12, 2021, 02:51:43 PM

Those who panic will add volume to the whales by selling at a loss. don't be greedy. be patient.

They will be loosing their bag but remember that the whales can do that easily. Just look at the dump that happened with bitcoin and it's slowly retracing back again to the above 50k rate. People should not be greedy for that. So many impatiences person in crypto but taking profit was also an important thing.

soureden

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I was wondering about the comments. In fact, this period is the period to shake off the panickers. Those who panic will add volume to the whales by selling at a loss. don't be greedy. be patient.

Woodie

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Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

At this point I believe regulation is whats hitting cryptocurrencies hard such that fear gets the better of us and we pullout temporarily to see how these new implementations will affect us but nothing major to be honest.
Sometimes its herd mentality, were if someone shares an analysis of markets being bearish most will believe and sell too. But personally I want to believe its a combination of corrections and supply and demand at play!

DoublerHunter

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Quote from: soureden on December 11, 2021, 03:43:42 PM

Quote from: stomachgrowls on December 09, 2021, 04:34:36 PM

Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

Reasons?

1. Supply and Demand
2. Fud and Fomo
3. Whales
4. Trader sell offs and buy ons
5. Fundamentals.

If you are just new into this market then better get used to it because this is something not new on this place.
Deal with volatility but if your scared then this place isnt for you.

I am absolutely not afraid! I didn't open this thread because I was afraid. I shared it because I care about the comments of experienced and valuable members on this platform. Your comments are valuable.

^ All mentioned above was right, that is the possible reason for declining the market but I am more favor on FUD and Whales that possibly they are the reason of this recent price declined. What you have shared? Those are question that makes you doubt, just stay strong if you are a holder, if you are an investor then, it is your time to move and invest as much as you can.
However, the probable cause also was on BTC, if you notice that all altcoins will swing the price down when BTC price goes down. You need to have wait for it patiently.

soureden

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Quote from: stomachgrowls on December 09, 2021, 04:34:36 PM

Quote from: soureden on December 09, 2021, 04:11:31 PM

What is the reason for the fluctuation in cryptocurrencies in this period? Are cryptos losing interest, as some commentators have said?

Or are these declines an intervention by whales for market picking?

Reasons?

1. Supply and Demand
2. Fud and Fomo
3. Whales
4. Trader sell offs and buy ons
5. Fundamentals.

If you are just new into this market then better get used to it because this is something not new on this place.
Deal with volatility but if your scared then this place isnt for you.

I am absolutely not afraid! I didn't open this thread because I was afraid. I shared it because I care about the comments of experienced and valuable members on this platform. Your comments are valuable.

makishart

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The question is how long you have been in cryptocurrency. Are not you feeling familiar with crypto? If you're early adopters of crypto and then you may see this as a common thing in the crypto but that would be different when you're new in crypto. You may see the market pretty similar like pump and dump market. The problem with global economic was being the main reason why the price is very fluctuate at this time. People are withdrawing their money for that thing and they will be going in again when something big like a big pump will come. Just ignore those commentators. They are liars.
The whales will always have power to move the market but market itself that will be determining where it will go and when.

Kkhair

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I think it's possible, but there is one reason I want to add here something that can affect the rise and fall of crypto prices, namely the fear and greed of traders, this is the Psychological Factor.

for example like this, when the price of a crypto moves after a long time of no movement, I am an example of bitcoin here, then this causes traders to be greedy to buy bitcoins in large quantities in the hope that prices will increase.
the more people who buy, the price of bitcoin will increase, and this is also what causes people to be interested in buying.
but when the price of bitcoin begins to touch the highest price many traders take profit by selling bitcoin, the more who sell bitcoin, the price will fall and at that time people are afraid so more and more are selling bitcoin.

Topic: What is the balance problem of cryptocurrencies? - page 5. (Read 798 times)