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Author Topic: Unfortunate Month of November for Crypto-Currency Industry!  (Read 2730 times)

Offline masterrex

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Unfortunate Month of November for Crypto-Currency Industry!
« on: November 27, 2018, 04:54:27 AM »
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!
« Last Edit: November 27, 2018, 05:03:25 AM by masterrex »

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Unfortunate Month of November for Crypto-Currency Industry!
« on: November 27, 2018, 04:54:27 AM »

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Offline ZionRTZ

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #1 on: November 27, 2018, 05:20:29 AM »
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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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #1 on: November 27, 2018, 05:20:29 AM »

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Offline Andruha1993

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #2 on: November 27, 2018, 09:03:37 AM »
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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Offline trauchot

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #3 on: November 27, 2018, 10:03:37 AM »
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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Offline khufuking

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #4 on: November 27, 2018, 10:23:00 AM »
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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Offline Elevteros

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #5 on: November 27, 2018, 10:50:34 AM »
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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Offline dentolas

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #6 on: November 27, 2018, 10:53:40 AM »
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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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #6 on: November 27, 2018, 10:53:40 AM »


Offline jyotianand01

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #7 on: November 27, 2018, 11:38:55 AM »
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.

Offline paolobaltimori

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #8 on: November 27, 2018, 11:50:59 AM »
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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Offline gurunanakji777

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #9 on: November 27, 2018, 12:51:03 PM »
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.

Offline dragononcrypto

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #10 on: November 27, 2018, 01:21:32 PM »
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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Offline AltLogan

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #11 on: November 27, 2018, 02:06:56 PM »
I think 2019 should be excellent for crypto.
After the darkest night there is the brightest sunrise.

Offline cryptofunn

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #12 on: November 27, 2018, 02:43:46 PM »
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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Offline dentolas

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #13 on: November 28, 2018, 09:15:02 AM »
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)

Offline Ed1973

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Re: Unfortunate Month of November for Crypto-Currency Industry!
« Reply #14 on: November 28, 2018, 10:33:11 AM »
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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