Post
Topic
Board Speculation (Altcoins)
Re: The market is looking all red once again
by
Kimonoe
on 20/11/2018, 11:53:00 UTC
Most of us are trader, and all of traders wants profit. No more long term holding, people will sell their cryptocurrency if they get chance to gain profit in form of fiat. They will buy those cryptocurrencies again after the price fall.
Yes you're right.. for current situation may be we can't expect to gain a lot of profit because it really difficult to be realize. We should sell whenever we get chance to sell eventhough we just can earn 2-3% profit. We should be realistic because we never know what will happen in the future.
I doubt it can be this red for too long. People know bitcoin worths more than this, the volume is incredibly low right now because people are not looking to get more bitcoins in the midst of a war but as soon as all of this is done and we are back to normal with just one bitcoin cash and whoever decides to hang up their gloves and accepts a loss we will be back on track for a bull run.

It may not be like some other people think, some people think since we went down so much we will see like 20 thousand from here, that may not be true but if you buy bitcoins at this price than you have a shot at making a lot of money even if it goes back to 6.5 thousand dollars. I would say getting %10-20 profit from any investment is a big success and that is still viable after this war is done.
I agree market is red again but I think it won't last longer because eventually it will change since market is unpredictable we never know what might happen and possible it will suddenly change. So I think we should never afraid when the red market comes just only think that it will change and rise again.
I hope that hope will come true. the market has gone down very deep, only people still believe in cryptocurrency who will start investing. many are afraid to enter the market today because of uncertain market conditions