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Showing 20 of 49 results by CryptoF007
I think this bear market is like natural selection...the strongest projects will survive the weakest will die...
The same with ICO's, strongest ones will survive and make a good long-term projects with huge price increase, most otheres will die...
There is another big problem for ICOs, especially for the ones formed in late 2018 or early 2019... it is financial problem, as most of them were funded with ethereum at or above 1000$, therefore if they haven't converted ETH into fiat, their budget decreased by 90% just because ETH dropped in price. In case of prolonged bear market they are facing bankruptcy.
Statistically number 2 reason why most startups don't succeed is lack of funds, which is exactly what those ICOs are facing...
Given the fact that most of them don't have exceptional business plan, that I believe we will have another year of bear market, that I believe we have way too many cryptocurrencies atm, that I believe alot of ICOs just used opportunity to finance them through blockchain but really are not up to the task, ... unfortunately I don't see bright future for most ICO's
The same with ICO's, strongest ones will survive and make a good long-term projects with huge price increase, most otheres will die...
There is another big problem for ICOs, especially for the ones formed in late 2018 or early 2019... it is financial problem, as most of them were funded with ethereum at or above 1000$, therefore if they haven't converted ETH into fiat, their budget decreased by 90% just because ETH dropped in price. In case of prolonged bear market they are facing bankruptcy.
Statistically number 2 reason why most startups don't succeed is lack of funds, which is exactly what those ICOs are facing...
Given the fact that most of them don't have exceptional business plan, that I believe we will have another year of bear market, that I believe we have way too many cryptocurrencies atm, that I believe alot of ICOs just used opportunity to finance them through blockchain but really are not up to the task, ... unfortunately I don't see bright future for most ICO's
In my opinion for the most part of 2019 BTC will be below 6k ...
I believe we haven't seen the bottom yet. I strongly believe 3k will be broken.
I think toward the end of 2019 we might see some signs of recovery... possibly by breaking 6k levels, and turning resistance into support at 6k.
I believe we haven't seen the bottom yet. I strongly believe 3k will be broken.
I think toward the end of 2019 we might see some signs of recovery... possibly by breaking 6k levels, and turning resistance into support at 6k.
Short update on current market. Also my opinion why I believe ETH will be very weak throughout 2019...
New low for BTC
New low for BTC
⭐ Merited by BitHodler (1)
That's basically my concern. In a market where we're currently going through a cycle meant to flush out the weakest hands, I honestly don't think any TA based 'support' line is going to hold firm.
In case it drops again, we should expect $3000 to break, and very easily so. I never like a market re-testing certain levels on the lower side, because they in most cases will break, which we saw with $5700-$5800.
Not sure what to think about what's currently going on with how poor the volumes are. We are literally a 1-2k BTC dump away from dipping below the averages you were talking about.....
In case it drops again, we should expect $3000 to break, and very easily so. I never like a market re-testing certain levels on the lower side, because they in most cases will break, which we saw with $5700-$5800.
Not sure what to think about what's currently going on with how poor the volumes are. We are literally a 1-2k BTC dump away from dipping below the averages you were talking about.....
At some point all weak hands will be flushed out ... at some point buyers will step in and overpower sellers ... Nobody knows where is that point...
On many occasions 200 week MA or 50 month MA were that point. Will this time be the same, I don't know. In fact I don't think so, but I believe it could be a short term bottom, small rally up and than final capitulation... But as I said, this is literally billion dollar question
I think bear market is far from over... I expect at least 6 more months of bear market. Also new lows are possible.
This does not mean we will just go down and down ... We might see some rally up soon, but I think you should not get overconfident, because this markets will give you hope and than crush your hope over and over again until you finally give up... And when most of the people give up only than we will see the start of the new trend...
This does not mean we will just go down and down ... We might see some rally up soon, but I think you should not get overconfident, because this markets will give you hope and than crush your hope over and over again until you finally give up... And when most of the people give up only than we will see the start of the new trend...
At some point you should start thinking about being a contrarian...
You need to stop following the herd
You need to stop following the herd
Ok Guys, you really need to see this video if you are invested in an ICO... I am speaking about danger for ICO's especially the ones formed in Q4 2017 or Q1 2018...
I will also give you a followup on my BTC future price bold predictions, and some more BTC current price action talk.
Is this just wishful thinking?
I will also give you a followup on my BTC future price bold predictions, and some more BTC current price action talk.
Is this just wishful thinking?
It depends on what you HODL and when... this makes all the difference...
If you buy now a good coin/project, than I can sign under HODL is advisable!
But HODL/Investment in shitcoin is probably never advisable...
On the other hand HODL at the wrong moment, it doesnt matter whether it is good coin or shitcoin, is not advisable. For example in Dec 2017... But you need to understand, that whoever is hodling for a really long periods, for example from 2012, is doing great, despite all ups and downs...
If you buy now a good coin/project, than I can sign under HODL is advisable!
But HODL/Investment in shitcoin is probably never advisable...
On the other hand HODL at the wrong moment, it doesnt matter whether it is good coin or shitcoin, is not advisable. For example in Dec 2017... But you need to understand, that whoever is hodling for a really long periods, for example from 2012, is doing great, despite all ups and downs...
Probably all of use who are still around believe that bitcoin will do good in a long term, otherwise we wouldn't be around anymore 
The thing is that yes, this really looks like some kids drawing. I could have used much more time to make screenshot look much more sophisticated, but outcome would have been the same. A,B,C scenarios would have been the same.
You could, and you can draw some lines and say A, B or C...nobody is stopping you from doing it. If you can argument the logic behind it you are good to go...
Too many people thinks that someone doing TA will simply give them the magic numbers which will stick. This ain't gonna happen. TA is all about recognising patterns, and anticipating what might happen, and with what probability... But nothing and never anything is certain untill it happens. Bottom line, the only one who you need to trust is yourself, all kind of TA and other "drawings" you can find online is just another info you need to critically analyse.
And FYI I am not an expert of TA...
Btw I still believe we are going to see A scenario...
If you believe yours is better, than stick with yours!
What kind of calculation do you have in mind? How I get those numbers?
I don't want anyone to strictly stick with what I anticipate... those numbers are very lax, so don't look at exact hight of my curve, because I draw it very superficial.
We might go up to 5400$ in next few weeks, and in beginning of 2019 drop down to 3300 for ex... and I will still say that we have seen A scenario.
What I want to predict here is short-mid term cycles good for trading... I don't care about exact numbers, I don't care where exactly will bottom be, because I know I will never hit it... but in between I can make alot of money if I get short-mid term cycles right...
Is it just me or does this literally just look some kid drew a few rectangles and some squiggly lines? I'm not saying there's no logic behind this but when so many different forms of TA all look the same how can you really trust any of them. I could just as easily draw some lines and say A, B or C will occur.
The thing is that yes, this really looks like some kids drawing. I could have used much more time to make screenshot look much more sophisticated, but outcome would have been the same. A,B,C scenarios would have been the same.
You could, and you can draw some lines and say A, B or C...nobody is stopping you from doing it. If you can argument the logic behind it you are good to go...
Too many people thinks that someone doing TA will simply give them the magic numbers which will stick. This ain't gonna happen. TA is all about recognising patterns, and anticipating what might happen, and with what probability... But nothing and never anything is certain untill it happens. Bottom line, the only one who you need to trust is yourself, all kind of TA and other "drawings" you can find online is just another info you need to critically analyse.
And FYI I am not an expert of TA...
Btw I still believe we are going to see A scenario...
You have good prediction but I don't know your calculation, so I can't compare with mine. I lost hope with crypto because already reach my stop loss, I should cut loss all activity. Maybe I can use yours but I think mine is better. Your scenario is good and maybe when this situation happen again I can use it. Many strategy came in this situation but I see all fails, good luck with your scenario.
If you believe yours is better, than stick with yours!
What kind of calculation do you have in mind? How I get those numbers?
I don't want anyone to strictly stick with what I anticipate... those numbers are very lax, so don't look at exact hight of my curve, because I draw it very superficial.
We might go up to 5400$ in next few weeks, and in beginning of 2019 drop down to 3300 for ex... and I will still say that we have seen A scenario.
What I want to predict here is short-mid term cycles good for trading... I don't care about exact numbers, I don't care where exactly will bottom be, because I know I will never hit it... but in between I can make alot of money if I get short-mid term cycles right...
Well of course nobody is able to give you exact namber where bottom is going to be... All is just guessing according to diffrent indicators...
A.) I expected bounce from 4200$, in fact we want down to 3600$, but this doesn't change anything... bounce should go definitely above 5000, close to 6000 is possible. And than another big selling next year all the way down to new lows..
B.) We go down to 3000 - 3200$ without having any significant bounce before that... after we go back above 5000, 6k is possible, and next year we have another big selling down to new lows, in 1300 - 2000$ range...
C.) like B. we go down to 3000 - 3200$ without having any significant bounce before that, and in next 6 months we are somewhere in 3500 - 6000$ range, but we don't make new fiat lows...
I agree with you on volume indicator, we haven't seen enough volume to be confident...which in my opinion means we haven't seen the bottom yet...
Everybody who is still interested in crypto is trying to identify bottom, and wants to buy as soon as one important support is reached, this gives the bounces into green... on the other hand someone is very much interested to drive price down, and to shake off all weak hands, create panic ... this gives us huge drops... It is just usuall market psychology... But of course nobody knows at which level bulls will overpower bears and vice versa
And I also agree with you very much on this market emotions observation... but I believe we will have one significant bounce, before final sell off and absolute bottom....
I can not see well, in this image in your opinion what is the bottom? $3600?
A.) I expected bounce from 4200$, in fact we want down to 3600$, but this doesn't change anything... bounce should go definitely above 5000, close to 6000 is possible. And than another big selling next year all the way down to new lows..
B.) We go down to 3000 - 3200$ without having any significant bounce before that... after we go back above 5000, 6k is possible, and next year we have another big selling down to new lows, in 1300 - 2000$ range...
C.) like B. we go down to 3000 - 3200$ without having any significant bounce before that, and in next 6 months we are somewhere in 3500 - 6000$ range, but we don't make new fiat lows...
We're either oversold and already broke the bottom, which should mean a fairly swift return back to $6000. Or we haven't reached the bottom yet which will likely mean a push down to $3000 or lower. I believe that the second is more likely true given how little push back there has been with the price, there seems to be little in terms of buying volume to move the price upwards.
I agree with you on volume indicator, we haven't seen enough volume to be confident...which in my opinion means we haven't seen the bottom yet...
The market is making some insane moves. Going down by -20% in a 24h period and the next days we see a +10-15%. Any prediction for the short term seems unreliable as the market itself seems don't know where to go. People are calling $3,000 the bottom, and when we will be in they will say $2,000 is the bottom and so on.
Everybody who is still interested in crypto is trying to identify bottom, and wants to buy as soon as one important support is reached, this gives the bounces into green... on the other hand someone is very much interested to drive price down, and to shake off all weak hands, create panic ... this gives us huge drops... It is just usuall market psychology... But of course nobody knows at which level bulls will overpower bears and vice versa
Nah man, there's still way too little despair in the air. The streets need to run red with the blood of traders and hodlers alike as everyone loses their hope and feels their investments turn to ash. There's no bottom as long as people even dare calling the bottom.
And I also agree with you very much on this market emotions observation... but I believe we will have one significant bounce, before final sell off and absolute bottom....
It has been a hell of a drop in last 14 days... The question we are all wondering is where will be the bottom, and whether this has already been a bottom...
I want to show you my top 3 scenarios, which I believe are most probable.
Atm I still believe we are on scenario A. ... yes price went lower, but unless we break 3600, and drop down to 200 weekly moving avg, which is atm at around 3150, i still believe we are in A...
I want to show you my top 3 scenarios, which I believe are most probable.
Atm I still believe we are on scenario A. ... yes price went lower, but unless we break 3600, and drop down to 200 weekly moving avg, which is atm at around 3150, i still believe we are in A...
Unfortunately this will be a big redistribution of welth from poor to rich... Big players are preparing the ground to invest in cryptocurrencies, probably throughout 2019.
The big loosers will be people who will only start investing in last phases, and the ones who burnt themselves in last phases of 2017 and throughout 2018 and are already out of the market, and don't want to hear about crypto untill it proves to them that it is there to stay for good (again late phases, before next crash)...
You need to be a contrarian and ready to risk to lose, to come out of this game as a winner...
The big loosers will be people who will only start investing in last phases, and the ones who burnt themselves in last phases of 2017 and throughout 2018 and are already out of the market, and don't want to hear about crypto untill it proves to them that it is there to stay for good (again late phases, before next crash)...
You need to be a contrarian and ready to risk to lose, to come out of this game as a winner...
The most correct option would be the ethereum. Because the price is very cheap these prices should definitely be taken. You can get by allocating a certain budget ethereum. I plan to take it. 110 is joke price.
I agree with you 110$ for ETH is good, but 80$ is better...
Yes, it's true that there are cryptocurrency traders that make this bearish market profitable. These investors are experienced and professional traders that don't rely on news and speculations. They make the most out of the down market, as long as there are fluctuations and sharp changes, they will continue to earn profit. Their experiences are the keys to successful trading.
Indeed you are right, usually the most money is made on the way down... but most of us will never be so good at trading, so lets just focus at what you can do successfully and use this oportunity crypto is offering to "ordinary people", well to those who are brave enough. There is a famous saying that goes "invest low sell high", which is right on point. But for that you need to show some balls
I am not necessarily saying you need to invest now, but for sure you should be at least considering it if you want to have bright future in trading...
And one more thing, forget about mass media news.... this is the biggest piece of shit, if you want to be a trader. Well no I am wrong, you can do opposite to what mass media is saying and you will probaby do just fine...
Usually in bear market BTC and top coins bottoms first, and than after long sidemovement alts tend to bottom at the end of bear market compared to BTC.
So I would suggest to you to first invest in top coins... and only later after year or more start allocating to other projects...
Beware, bottom might have not been reached yet...
So I would suggest to you to first invest in top coins... and only later after year or more start allocating to other projects...
Beware, bottom might have not been reached yet...