Post
Topic
Board Speculation (Altcoins)
Re: The market does not look good!
by
aragom
on 11/06/2018, 06:57:08 UTC
I think we should just believe in the future of the Crypto-currency. My opinion is that this market will progress with time. Accordingly, the total capitalization of the Crypto-currency will increase. So we are tuning for profit in the long run.
That is the more healthy approach, but while that is true at the same time we know that many people in this space do not like the idea of investing for the long run at most they invest for some months and nothing more, this is why there is such a high volatility and why so many people lose their money because they are unable to deal with the huge volatility of the market.
Maybe you're right many users are not able to hold their coins for too long. so that they can last only a few months and that makes the price fluctuate because almost all users use it for short term. so it's natural that prices go up and down very quickly. maybe the price is currently in a bad position. but you have to be sure that prices will keep changing. You just need to wait for the price to go up
Mostly traders are short term because  i can see the order in any exchange that have no much different between bids and ask price.
It means the short traders is more than long term. However longbor short is our choice so just follow it. About go up and down very quickly means the market is high volatile and the condition like this is good to get short trading.

i am bored about these hacking news.
in every 6 months, one exchange hacked and all prices are dumping. all investor lost confidence about market