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Author Topic: What is happening in the market?  (Read 12101 times)

Offline mianvicky1

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What is happening in the market?
« on: November 03, 2020, 09:42:52 AM »
It is very difficult to make any predictions about the market.
Sometimes it's the opposite of what you think. Therefore, it is very difficult to understand the market. The market was booming in August, After that the market fell and stable.
Bitcoin went up again last month and is now above 13500.
But the rest of the market is going down.
What do you think we can expect better at the end of this year?
         Express your thoughts

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What is happening in the market?
« on: November 03, 2020, 09:42:52 AM »

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Offline EAA-ALLAH

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Re: What is happening in the market?
« Reply #1 on: November 03, 2020, 10:32:58 AM »
Market predictions never come true 100%. Bitcoin and others cryptocurrencies market all time volatile and never can predict. Today market dumped then pumped tomorrow. So not to be worried about the current situation of market. It will be stable soon.

Offline tinakoya

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Re: What is happening in the market?
« Reply #2 on: November 03, 2020, 11:00:42 AM »
You can't truly predict the price or value of cryptocurrency as it's volatile. Though traders use technical analysis to try figure out what will happen next in the market but honestly it's all luck and gamble. You can't really tell for sure what will happen at an exact time. The charts can give you an idea or either a bull or bear market upcoming but not 100% accurate

Offline Black ID

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Re: What is happening in the market?
« Reply #3 on: November 03, 2020, 12:36:08 PM »
The market will indeed continue to move up and down. This is a common condition. And we must stick to patience. Don't get carried away with emotions. I'm sure the market will get better again in the near future.
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Offline Raboni

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Re: What is happening in the market?
« Reply #4 on: November 03, 2020, 12:42:59 PM »
You can't do anything to make the market green. Cryptocurrency is worldwide and the center of trading through digital way by international investors and crypto people. What we gonna do now is wait and be optimistic. The flow will be different in its season.

Offline mianvicky1

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Re: What is happening in the market?
« Reply #5 on: November 03, 2020, 01:00:53 PM »
Market predictions never come true 100%

Yes its impossible to predict, We can just see the market charts and see up or down trend but how accurate that is cant say anything.

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Re: What is happening in the market?
« Reply #6 on: November 03, 2020, 01:09:33 PM »
Maybe the market is tired. There was a new increase for a while, then fell again. Occurs in many large coins including bitcoin. I hope this condition will improve quickly until the end of the year.
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Re: What is happening in the market?
« Reply #6 on: November 03, 2020, 01:09:33 PM »


Offline wawan96

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Re: What is happening in the market?
« Reply #7 on: November 03, 2020, 01:37:51 PM »
Bitcoin from the past the price rose and dropped so fast hopes so quickly I thought it was very good for the future because people already understood with good investment and potentially for the future really made many people interested in investing because bitcoin was speculation and value Buy and sell so high makes the attraction higher.
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Offline trauchot

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Re: What is happening in the market?
« Reply #8 on: November 03, 2020, 04:36:30 PM »
The cryptocurrency market has been doing very well since the beginning of this year and many cryptocurrencies have risen quite well this year and most likely a lot of top cryptocurrencies and especially bitcoin will continue to rise in value until the end of this year, so I think that the growth of the cryptocurrency market will start again soon, and therefore it is worth constantly carefully watching the cryptocurrency market and its movements.
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Offline StreakW

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Re: What is happening in the market?
« Reply #9 on: November 03, 2020, 06:49:13 PM »
everything is unpredictable in cryptocurrency, that's mean even expert people in trading don't know exactly what will happen, so I think we should stop trading and focus to hold, of course top coins

Offline hushpupppy

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Re: What is happening in the market?
« Reply #10 on: November 03, 2020, 08:59:12 PM »
Nothing is wrong with crypto currency market. The market remains as it is yesterday and months back. The only change we have in the market is the individuals who buy and sell and also their mindset and emotions.

As long as you are able to define why you trade, then the market will be kind most of the time.

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Re: What is happening in the market?
« Reply #11 on: November 03, 2020, 10:40:19 PM »
That is what sad as crypto is very volatile. The fluctuation is very real and cannot be predicted exactly what will happen. In this case, we can see the progress of the market that is going on right now. BTC may up again and followed by altcoins. But, it seems quite difficult to survive at that rate.

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Re: What is happening in the market?
« Reply #12 on: November 03, 2020, 10:48:27 PM »
Crypto market is always unpredictable, it is very volatile and unstable. As it is a prediction, there is no guarantee to be true. Even an expert prediction can be wrong. I think you must realize it from the beginning you come to crypto world. That's why people state "crypto investment is very risky", it is because unpredictable.
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Offline KryptoBull

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Re: What is happening in the market?
« Reply #13 on: November 04, 2020, 12:43:16 AM »
In my opinion, DeFi is the cause for everything.
The DeFi wave has helped the crypto market grow strongly in recent months, but the emergence of fraudulent projects and smart contract errors, and the limited size of the market has made DeFi lose its strength. As a result, the market decline.
Then a portion of value will be provided to the BTC capitalization because BTC is always considered the safest crypto asset.
But the development of BTC will not continue for long, I think the price of BTC is completely in danger of falling back to 10K USD @@

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Re: What is happening in the market?
« Reply #14 on: November 04, 2020, 01:17:19 AM »
Most of the opinions about the movement of coin rates in the network are presented by unknown traders and members of the crypto community. There is no reason to trust their forecasts. To solve the problem, the editorial Board of Be In Crypto gathered the opinions of professionals about the prospects for investing in cryptocurrencies in 2020 and 2021.

 

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