Why has the cryptocurrency market been so stagnant this month? - page 2.

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Quote from: Lazada on October 22, 2018, 06:20:26 PM

Quote from: Goodvalony on October 19, 2018, 04:03:15 AM

For over two months Now, the market has been stagnant. No show of a solid bull in the market. some of my trading friends have abandoned there accounts believing that it might take months before we can see a bull market.
WHAT COULD POSSIBLY BE THE REASON BEHIND THE MARKET SLOW MOVEMENT?

Crypto price stability will be greatly influenced by how the existing demand factors. I think the current condition is very good to show a good climate of stability. It's rare for crypto to get this condition. But conditions like this actually are also detrimental to all of us, namely that we find it difficult to get the momentum to take advantage of the selling and buying margins. Let's just wait and see what will happen, I'm sure that there will be a bright future and we will all arrive at a very good phase in the future.

A climate of stability that I always classify as the moment of fight between the bulls and the bears, between demand and supply which depending on the direction the market tend towards that would determine the next leg we are going to be taking at the moment.

For anyone who is an aggressive trader, I would say being stagnant in the month is just a means of accumulation and depending on where the break out would be, is what would determine where you want to be placing your stop loss and looking at the reward as well. For now, all we can actually do like you said is to wait and see what happens of the market.

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Quote from: Goodvalony on October 19, 2018, 04:03:15 AM

For over two months Now, the market has been stagnant. No show of a solid bull in the market. some of my trading friends have abandoned there accounts believing that it might take months before we can see a bull market.
WHAT COULD POSSIBLY BE THE REASON BEHIND THE MARKET SLOW MOVEMENT?

This market is far much better than what we saw for last 8 month this year. So many new investors entered the market thinking Bitcoin will reach the price of 50k. Unfortunately, it did not happen this year. They paniced, sold, suffered losses and then left the market. This was the reason that caused Bearish market. Now they are reluctant to enter again, fearing more losses.

The key to success in Cryptos is patience and wait. The waiting period can be long but will always be profitable. So, Keep Calm and Wait.

hahay

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I personally do not know for sure, but this stagnant market does not happen in just a month, I feel the market is stagnant throughout this year which only struggled at $6k occasionally dropped lower and also rise until there was hope to touch $10k, but in fact returned to $6k. With that incident, I just feel if this year is a year of rest for traders and investors, it is possible, because market movements are not good enough, even though we like to expect prices to stabilize, but with a situation like this we will find it difficult to get a good return on investment we.

Willitivity

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From what happened late 2017, so many people moverd into crypto and heavy money was pushed into the market and we witnessed an exponential growth. But now all of those money have gone off and alot of those who came in then have left as well. Therefore the stagnancy. My two cents though.

nisya

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Quote from: Goodvalony on October 19, 2018, 04:03:15 AM

For over two months Now, the market has been stagnant. No show of a solid bull in the market. some of my trading friends have abandoned there accounts believing that it might take months before we can see a bull market.
WHAT COULD POSSIBLY BE THE REASON BEHIND THE MARKET SLOW MOVEMENT?

I think in this month, every coin have trying to rise again and we can see the market is on the way to increase. Every coin wants to show the power, and each coin now starts to lift the price. The reason of this is because in the new year, bitcoin dropped too deep and people become panic, and they want to save their money by selling their bitcoin, and it continues and makes the altcoin is followed to get down too. But soon, bitcoin and altcoin will rise again and will get the new position of the price.

batang_bitcoin

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Quote from: ewonardo on October 22, 2018, 02:02:11 AM

Many people say that the state of the market now stagnant because traders are reluctant to enter the market because they read a lot of negative news which often circulates. But I believe this situation will soon to ends at the end of this year.

Its really one of the reason why they don't want to get in.

But as the market goes through year by year, corrections do often happen after usual big rise so this is still normal. It has been stagnant nearly a year now and we can't be sure of it if this can continue up to 2019 or we will see the reversal by that time.

Lazada

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Quote from: Goodvalony on October 19, 2018, 04:03:15 AM

For over two months Now, the market has been stagnant. No show of a solid bull in the market. some of my trading friends have abandoned there accounts believing that it might take months before we can see a bull market.
WHAT COULD POSSIBLY BE THE REASON BEHIND THE MARKET SLOW MOVEMENT?

Crypto price stability will be greatly influenced by how the existing demand factors. I think the current condition is very good to show a good climate of stability. It's rare for crypto to get this condition. But conditions like this actually are also detrimental to all of us, namely that we find it difficult to get the momentum to take advantage of the selling and buying margins. Let's just wait and see what will happen, I'm sure that there will be a bright future and we will all arrive at a very good phase in the future.

zero9119

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Quote from: Keyboard PC on October 22, 2018, 04:29:07 AM

there may be some cases that make cryptocurrency in a place of exchange or market not subject to price movements, one of which may be due to reduced demand factors and fewer interested in cryptocurrency so that a stable market condition does not have much movement.

The expectation of the cryptocurrency market has diminished considerably after a long time in 2018 the market continued to fall deeply. Many investors waiting for the market to recover in the end of the year should buy a lot of low value coins and wait to sell at the end of the year, which makes buying demand at this stage very so it can not make the market grow.

jakezyrus

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the stagnant happened not only for this month but for the whole year of 2018 , it all started in the mid of january up until today but i dont actually know the real cause of it . maybe some investors have already left the building because they are afraid that they can loose what they already earned last year , instead they will now be using it for more stable business outside the crypto scene .

but lets not forget that if someone leaves , there will be also new investors that will enter . maybe not this year but maybe next year .

Keyboard PC

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there may be some cases that make cryptocurrency in a place of exchange or market not subject to price movements, one of which may be due to reduced demand factors and fewer interested in cryptocurrency so that a stable market condition does not have much movement.

ewonardo

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Many people say that the state of the market now stagnant because traders are reluctant to enter the market because they read a lot of negative news which often circulates. But I believe this situation will soon to ends at the end of this year.

Nhor1011

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This should be a normal scenario in the market because of large growth of different kinds of tokens. But after that we all hope everything will go back to normal and bitcoins value will risd again. There is a decreasing of demand while tokens are getting more in the market which result to market down.

diorthotis

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Quote from: Goodvalony on October 19, 2018, 04:03:15 AM

For over two months Now, the market has been stagnant. No show of a solid bull in the market. some of my trading friends have abandoned there accounts believing that it might take months before we can see a bull market.
WHAT COULD POSSIBLY BE THE REASON BEHIND THE MARKET SLOW MOVEMENT?

Normal market cycles. The stock market may be changing direction...

Check out this new exchange https://trade.thecoin.pw/market/
Its struggling to get off the ground

BestSSS

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If you have not noticed, then look at the chart and see that the market is in a bad mood and a downward channel since January this year. This is a normal situation after a huge growth of all tokens. The bottom would be soon reached and pushed off again, we should go up.

wuvdoll

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Quote from: Goodvalony on October 19, 2018, 04:03:15 AM

For over two months Now, the market has been stagnant. No show of a solid bull in the market. some of my trading friends have abandoned there accounts believing that it might take months before we can see a bull market.

I would not call what we have now as stagnant, this is just a market that is obviously just trying to find a direction and since bitcoin is the main driver of the market train, we guess we will just have to wait for bitcoin to pick the winning side, either the bulls or the bears, and with that we will get to see the market also picking a side based on bitcoin's movement. Patience is all you just need at this point in time and as long as you understand that there is a future, and for the fact that the market is still young and there is chance for huge growth in the long run, then you will want to be taking advantage of the market now.

Quote from: harizen on October 19, 2018, 04:08:36 AM

Honestly most people are so much excited for the bull run but when it comes they didn't know how to deal on it.

That is the thing with a lot of people, they are just so much in a haste to see the market growing up even if there is nothing to even be driving the market up than speculation and this is the main reason why this market keeps becoming a more speculative market and then we tend not to be seeing any form of real life usage. Anyone who wants to abandon their accounts, then probably like you said they have no understanding of what they are doing at all. Apparently, some of those guys who just see trading of the market as a joke and really have no knowledge on how to trade a market effectively.

DOH!

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The market is still unable to rise sharply because the number of investors expects the value of the bulls to stop cutting or taking too big profits, which makes many coins unable to grow. I think it's going to take a lot of time to get back to the end of 2017.

IndeecV

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Many are scared away by volatility. But in Forex you are forced to create volatility artificially, using leverage and risking losing everything every time.
Perhaps it was a time of excitement, a bottom and frustration came. The next stage is rationality and real work. Stable, but slow market growth. I believe in it.

Karisma Black

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There has been no big news that could disrupt the market.
It might also be stabilizing before a big move, up or down.

Sadlife

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Some of the reasons are hacking and vulnerability of trading exchanges, rules and regulations from countries and the restriction of advertsement of ICO in social media, google and other platforms of the internet. This are the bad news bitcoin is facing right now that's why it's in a bearish cycle.

buwaytress

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Slow? Watch the volumes, they're slowly and quietly creeping up the charts, on p2p anyway, which simply means more people are trying out exchanging with each other, which is a good thing in my book, the way Bitcoin was meant to be and how it works best.

Price isn't everything, in fact it is almost meaningless in the scheme of adoption. Everything happening and growing under the radar, as it has been for years.

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