Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: masterrex on November 27, 2018, 04:54:27 AM
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This month of November 2018 the Crypto-Market has experiencing a huge blow with its Market size,value and Capitalization continue to fall in alarming level! any opinion about this drop it below!
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November is almost over and I do not think there will be any changes in the market for the next 3 days. Let us just look forward to December and try to forget the damage November has brought to our portfolio.
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Yes, this month of 2018 was sad for crypto. But do not panic, we still have the month of December and this month can still change in the best way for us. Therefore, we wait and hope.
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You should not think about what happened, of course there was a lot of negative news because of which it could all happen, but this is not true, because the market began to fall almost from the beginning of the year and gradually we were approaching the bottom to which we now came , this is all simple, it`s manipulation by big players.
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There were worst months this year but the real bad about November dip is that almost all people were expecting a rise and they got hit by a huge dip, things seem to get from a bad situation to another, nothing new in this during the whole year. Let us hope that December will be good for us, our last hope this year.
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Sad for the cryptocurrency turned out to be not only this month, but the year as a whole, because the whole time period the crypto is constantly falling, and I do not think that something will change until January!
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This can mean 2 things: final squeeze time, or RIP...
I personally believe that this is the final squeeze to liquidate positions and acumulate... but nothing is certain ;D
in the end it maybe time to find a less-embarrasing hobbie
cheers
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Not even November, this whole year was unforgettable for crypto investors and Everyone hoping that this will over before this year end and we will see a new wave of buying.
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Last year (2018) was terrible for most of crypto. I really hope that some big investor willc ome back in 2018 so that market could recover a little bit.
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I would say all months of this year unfortunate for crypto-Currency industry. Many holders are bearing huge loss in holding till date. Even such news that marketcap, value and capitalization is keep dropping push the market for more drop because investors loose their hopes and to flourish the market again we need positive environment and more new investors that have full faith in crypto currencies.
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One persons (unrealised) "loss" is another's opportunity in my opinion. It hurt me around $4-5k, having the initial 15-30% drop, as an indicator of an extended bear market, but now as it approaches $3,000 I believe it's getting very close to one of the best buying opportunities in BTC history. I'm a buyer around $3K for the following reasons:
- 200 Week Moving Average: $3,155 (Hasn't touched this since the bottom in 2015, hasn't ever closed below it)
- 50 Month Moving Average: $2,900 (Also held this level in 2015... this is like the 4 year moving average)
- Weekly RSI is now breaching oversold levels (30), previous 2015 bear market low closed at 27 before bouncing back.
- Monthly RSI record low (in 2015) was 44.5, we are currently at 44.8 (!). Coincidence or relevance?
Of course, the bear market could be much more severe than 2014-2015, and much longer, but I'm betting against this. YOLO.
Never go all in though! I'm laddering down with around 30% of capital, saving the rest for $1-2K in case it gets there.
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I think 2019 should be excellent for crypto.
After the darkest night there is the brightest sunrise.
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the whole year was unsuccessful for the market, those industry weaknesses were exposed as legal insecurity. but behind the recession there will be a rise, we will see it in spring 2019
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We need to forget this November... maybe there is an ICO with a project to delete it from our minds...hahahaha
seriously, this might be the beginning of the next bear season, or the final squeeze before real money comes in... it is anyones guess...
I don't think there are enough arguments to pend to either side... we need to wait and see
(and prepare our portfolio for both possibilities)
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This month of November 2018 the Crypto-Market has experiencing a huge blow with its Market size,value and Capitalization continue to fall in alarming level! any opinion about this drop it below!
I've known from the start crypto is going to be a long-term investment for me. 8) So, I hodl some MGO, CAT, MTK and other tokens. I know it will bring some satoshi soon. ::)
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i think this was the worst month of the year.. the market went down for how many percent, btc when down to 3800, i hope there is a big turn this december
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There are many posts regarding this situation.
I think it is only speculation.
The interest in this sector increases and big whales that want to enter preferring to low price.
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Crypto-Market has experiencing a huge blow with its Market size,value and Capitalization continue to fall in alarming level! any opinion about this drop it below
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2018 is the worst year for many crypto who lose money and even hope that this past month there will be hope for the development of crypto as we expect
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This month of November 2018 the Crypto-Market has experiencing a huge blow with its Market size,value and Capitalization continue to fall in alarming level! any opinion about this drop it below!
I just think that the market will be green this December after the troubled November. I hope history may repeat itself, like it happened last year (2017), crypto brought smile to every crypto enthusiasts, and i think the drop will have been experiencing may disappear as we enter the month of December.
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November, 2018 is the worst month that I ever experienced since joined in crypto world. All crypto currencies dropped very badly in their prices. I hope it is the worst month, and no worse month again in the near future.
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November 2018 may be replaced by the end of this year my bull run hopes will come soon
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This month of November 2018 the Crypto-Market has experiencing a huge blow with its Market size,value and Capitalization continue to fall in alarming level! any opinion about this drop it below!
This is expected mate. Ive already foreseen this happening as the TA shows a tremendoua drop on the last week of October. Anyway a huge drop could be compensated by such rallying on December. But dont hope it could go higher than the last year December price. Christmas is coming so cashing out is inevitable for many users.
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There were worst months this year but the real terrible approximately November dip is that nearly all people had been looking forward to a rise and that they were given hit by means of a large dip, things appear to get from a terrible state of affairs to any other, not anything new on this at some point of the entire 12 months. allow us to desire that December may be precise for us, our last wish this 12 months.
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do not panic, we still have the month of December and this month can still change in the best way for us. Therefore, we wait and hope.
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I think in every fall there's a bounce back, we just have to wait for that bounce back let's just stay doing bounties collect and collect till the prices goes up maybe one day your collection will become valuable one.
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This month of November 2018 the Crypto-Market has experiencing a huge blow with its Market size,value and Capitalization continue to fall in alarming level! any opinion about this drop it below!
This is December and November is over but there is no change of market still now. Before XMAS we hope that market will raised up but unfortunately market did not come back its previous position or there is no situation to come back. So we actually did not understand what is happing in crypto market !!