Quote from: gabmen on December 09, 2018, 01:53:23 PM

Quote from: turkandjaydee on December 08, 2018, 03:19:10 AM

Quote from: crypmike on December 07, 2018, 01:55:12 PM

Actually, It was my mistake when I didn't recognize the right moment to sell (at least I sold alts).

But now.. so close to strongest support level 3k, after 1 month of the continuous dump, what is the point to sell? Risk/reward is weak.

I believe things will be better soon.

Do you have any other indicators other than those positive news? There is no big money entering the market and I think people who have left the market because of this bear market may not be interested in this market anymore, especially the newcomers.

Well they may be disinterested but i'm sure these people will rush to get back when they see a reversal. It may only take a group of whales to decide to turn the market around and when that happens, you'll see people again flocking to crypto.

Yes, at times like this whales are the ones who can easily turn the market around. Who have given them the power? No one but because they have the money that can be used for selling or buying at low prices, it has a big effect in the market.

@turkandjaydee I also believe that those newbies left the market. I mean, when the price of bitcoin reaches up to $6K, this forum became flooded with new people and when the market goes down, they are likely the ones who left easily. Getting interested into cryptos is easy but staying is not for the trends, market and etc will test you.