Topic: WHATS HAPPENING !!!! - page 2. (Read 823 times)
Very good post from you. Research the market is the only thing you can do. Panic Sells are for the weak hands and the HODLER´s best choice
It winds me up that any negative or partially negative news coming out of North East Asia has such a detrimental impact. We need to nurture strong hands, we'll never get to a trillion dollars if we continue like this.
It's because of the way that news is mostly reported, we have people translating it who don't translate it properly either out of poor translation or so that they can portray it in such a way to benefit them. The titles were all along the lines of 'south korea to ban cryptos' whereas they more accurately should be along the lines of 'South Korea looking to put controls in place to control illegal activities connected to crypto and better protect customers interests'. Now everyone complains that the mainstream media are influenced and bought but given how effectively prices can be manipulated by changing a few words would it really come as any surprise if writers for major crypto news sources aren't editing things in such a way as to benefit themselves?
Good advice, not sure im evening touching bitcoin right now. Even if hits 50k, thats not even 3x the money, jsut too high of entry fee now. But im hoping the alts make it worthwhile. Guess im blind but entering bitcoin now just doenst seem like much money for noobs unless I had like 500K to invest (and then I wouldnt need to be investing LOL)
Great advice. One of my coins I own called Gulden (NLG) has not been affected by the marketcrash at all. My other altcoins were affected though. I just hope all the alts and bitcoin itself get out of this dip stronger than ever.
It winds me up that any negative or partially negative news coming out of North East Asia has such a detrimental impact. We need to nurture strong hands, we'll never get to a trillion dollars if we continue like this.
Where do you think that Bitcoin will reach in the next leg up? Someone in the telegram channel said, next bull run will take btc to $40k-$50k, will you agree to this range?
Straight up shooting to $40-$50k?That can't be good for transaction fees
Where do you think that Bitcoin will reach in the next leg up? Someone in the telegram channel said, next bull run will take btc to $40k-$50k, will you agree to this range?
So wjats yours prediction what will happen this time? Btc rampage or stady growth?
For rise you need new people buying in. Currently this is not happening. So yes, still bearish market
most of coins are recovering, XLC (listed on Cryptopia) leviarcoin it's rallying
https://coinmarketcap.com/currencies/leviarcoin/
https://www.blockchaindailynews.com/LeviarCoin-Announces-Crowdsale-for-Its-Revolutionary-Blockchain-Based-In-App-Purchases-and-Software-Protection-Platform_a25482.html
Most coins are already going up from their bottom an hour ago. I think this
should be it for now. Hope to see nice green tomorrow.
should be it for now. Hope to see nice green tomorrow.
Back in the day, we used to call the kind of behaviour that is going on in South Korea right now, "Revenue Hunting".
The government is all upset that they are not getting their "fair share" of the peoples money, and they're gonna roll in and make them all scared and pay up or face consequences.
I am all about avoiding total anarchy in the streets, no disrespect to the OP's claims on being a crypto-arnarchist, but I do enjoy seeing bureaucracy and it's goons getting their noses tweaked when someone else makes money and they don't.
The government is all upset that they are not getting their "fair share" of the peoples money, and they're gonna roll in and make them all scared and pay up or face consequences.
I am all about avoiding total anarchy in the streets, no disrespect to the OP's claims on being a crypto-arnarchist, but I do enjoy seeing bureaucracy and it's goons getting their noses tweaked when someone else makes money and they don't.
What? Alts are down? Setting up price alerts for new ATHs on my portfolio. 
EVERYONE CALM DOWN
https://www.forbes.com/sites/pamelaambler/2017/12/12/south-korea-is-not-banning-bitcoin-trade-financial-regulators-clarify/#f987bbd14270
It's fine - buy cheap coins while everyone doesn't know the real situation
Shameless plug / shill - buy APPC (AppCoin)! Resistant with all the FUD and still under the radar
https://www.forbes.com/sites/pamelaambler/2017/12/12/south-korea-is-not-banning-bitcoin-trade-financial-regulators-clarify/#f987bbd14270
It's fine - buy cheap coins while everyone doesn't know the real situation
Shameless plug / shill - buy APPC (AppCoin)! Resistant with all the FUD and still under the radar
Yeah, good point. This post is for those panic sellers and holders that don't have guts to hold their coins easily affected by FUD's and fake news of big investors.
Sorry guys, but FIAT is bullish for this year
Got this on my twitter feed from a trader:
Just called my counter part in Korea, he says that the reports are FUD. The position is that the Korean authorities are clamping down on unregulated exchanges and exchanges that are not compliant. Further they are auditing the quality of the KYC. A ban is not on the cards.
Just called my counter part in Korea, he says that the reports are FUD. The position is that the Korean authorities are clamping down on unregulated exchanges and exchanges that are not compliant. Further they are auditing the quality of the KYC. A ban is not on the cards.
Sorry for the late message, I wanted to address this yesterday however juggling work, life, family and personal portfolio management is proving to be a large task.
Just a quick note for all the new comers out there. For those of you who are yet to experience a "BTC run", strap your self's in, because all signs are pointing to the fact that BTC may start its climb again.
Essentially what I want to say is, if you see some of your alt holds dropping, DONT PANIC SELL. This is a normal occurrence when BTC goes on one of its tangents. There will be blood in the streets people but just remember HOLD your positions.
Without this being financial advice, one might also suggest you consider liquidating short / mid Alt positions for BTC, while it goes on its run. This does have its risks to be aware of, but it is common to do so.
As for long holds, bury them in your ether wallet and forget.
With 16.6 K resistance broken, a march is pretty much confirmed. It is highly recommended you avoid trading at this time until the market gives more indication around what it is up to.
There are two scenarios here :
1. BTC rampages and alts bleed (ALT DISCOUNTS - YAY)
2. We start to see more steady growth again with small p & d's as she continues to climb.
The main take away from this post.
- DONT PANIC SELL. If you choose to hold your alts through the few days. Be prepared to see your market value quarter if you choose to hold your alt positions. They will recover over time dont worry, but if you plan to HOLD, make sure to stick to that plan.
- If you choose to liquidate back to BTC (short to mid holds), plot your entry and exits NOW, have a plan. This could be an opportunity to churn some of your favorite coins once the discounts open up
.
Any questions ask away.
Cheers,
Happy Trading.
Just a quick note for all the new comers out there. For those of you who are yet to experience a "BTC run", strap your self's in, because all signs are pointing to the fact that BTC may start its climb again.
Essentially what I want to say is, if you see some of your alt holds dropping, DONT PANIC SELL. This is a normal occurrence when BTC goes on one of its tangents. There will be blood in the streets people but just remember HOLD your positions.
Without this being financial advice, one might also suggest you consider liquidating short / mid Alt positions for BTC, while it goes on its run. This does have its risks to be aware of, but it is common to do so.
As for long holds, bury them in your ether wallet and forget.
With 16.6 K resistance broken, a march is pretty much confirmed. It is highly recommended you avoid trading at this time until the market gives more indication around what it is up to.
There are two scenarios here :
1. BTC rampages and alts bleed (ALT DISCOUNTS - YAY)
2. We start to see more steady growth again with small p & d's as she continues to climb.
The main take away from this post.
- DONT PANIC SELL. If you choose to hold your alts through the few days. Be prepared to see your market value quarter if you choose to hold your alt positions. They will recover over time dont worry, but if you plan to HOLD, make sure to stick to that plan.
- If you choose to liquidate back to BTC (short to mid holds), plot your entry and exits NOW, have a plan. This could be an opportunity to churn some of your favorite coins once the discounts open up
.Any questions ask away.
Cheers,
Happy Trading.
Good point of encouraging traders especially the new players because even i myself wondering why is this is happening in which it is like a systematic fall down of all digital currencies value maybe haters of digital words done this but the better action for this is really to hold because getting panic will just makes things worst.
Alot of people from past year cashing out and make profit thats why we enter corrections phase. But dont worry this not gonna take so long. It will recover again. Bitcoin and all altcoin will still goes up if we investing for very long term like 3 or 4 years from now. But at this time day trading is very danger becaus3 or volatilities
This should affect only the exchanges that are not following the laws
or paying the taxes. Hopefully crypto markets will stabilize by tomorrow.
or paying the taxes. Hopefully crypto markets will stabilize by tomorrow.
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