Thanks everyone for sharing your thoughts on this topic. Frankly it is quite sensitive. I find it to be very concerning for us crypto community especially when the governments, SEC and giant players are the ones causing a huge impact in the markets.

Quote from: frowsiter on August 08, 2018, 11:25:02 AM

Currently what I am seeing is big players are manipulating the market before we come to an end of the Q3 and thus start the year's last quarter to take the most profits out of it.
Thoughts on this thought are welcome! Cheesy

Surely it has become clear that these big players are causing dramatic changes in the market. To add to this unfortunate landscape, there are still several ETF applications waiting to get approve and some were already past the deadline for a decision. Also I noticed some applications that doesnt even apply to us, only for accredited investors (I guess the rich does get richer..) Undecided

So if more ETFs are being rejected or delayed, I agree with you and would probably consider cashing out to take the most profits out of it. Although in my case it would be to break even or take loss. But lets say if some actually does get approve within the next quarter, we can expect some kind of price recovery and perhaps plan a better investment strategy for next year.

Quote from: Skyenet on August 08, 2018, 12:16:49 PM

So practically if I understood correctly, it means that we would be swimming in this bloodbath right until that Quarter 1 of 2019? If we would have at least some confidence about the price recoveries I think all of us would be so happy.

Quote from: agatha90 on August 08, 2018, 01:09:13 PM

The plan that I will do, I will still wait until the end of the year, if it does not change then I will forcibly leave Crypto, and turn around with the real business.

I think it reasonable to say that the market is unpredictable in the next couple months. I was planning to sell some of my altcoins, but then decide its best to hold on to my portfolio for now until some price shift in the market. There are some projects that I am interested in, but aside from that, no more new investments for me till we hear some good news (possibly in the next quarter) and we see a positive movement (some time in 2019).

Quote from: Dart18 on August 08, 2018, 01:20:18 PM

I am planning to just HODL my bitcoin now.
Just like you siaid, merchants are jumping in. Starbucks which is a big name by now increasing the popularity of bitcoin with just rumors at first.
If more merchants happens to do the same then we will see a rocket blasting to space in the price of bitcoin.
Good news is altcoins will be pulled too.

Indeed I think it wise to hodl for now. Regardless of these current setbacks, I would not give up on crypto and I strongly believe it still has a potential future long term. I suggest we stay optimistic, wait and observe the market, and hope for the best outcome and win win situation for everyone.