Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Crypto Crash: Why the Crypto Market is Going Down -Thu Nov 15
#11
I still have hope in MNX, about the cards i don't know what to say, but i hope the coin will rise in price in the future.
If you wanna donate in any cryptocurrency just send me a message and i will set it up(If i haven't) Smile All donations is appreciated  
Reply
#12
At this very moment we have the crash of the century.
All is crashing so hard.
What is this thing that builds our dreams, yet slips away from us?

Reply
#13
yes it's crazy. I haven't searched for why.
Cardano is the most promising 3 gen. crypto right now.


Reply
#14
"Bitcoin investors in the United States are selling off their crypto to pay off capital gain tax.

First-time investors in Bitcoin are faced with large capital gain taxes from the profit they made in 2017. Reports show that they are now selling off quickly before they file their April taxes."

https://smartereum.com/5636/the-real-rea...on-nov-19/
Cardano is the most promising 3 gen. crypto right now.


Reply
#15
Stock market pundits here in USA say the big sell off driven by tech, especially Apple, as suppliers have noted marked reductions in orders for iPhone parts.

But also the potential trade war USA vs China, as well as $20 drop in oil prices fueling drop in oil company shares and profits
Reply
#16
First of alle guys, it is no time to panic.
Maybe you should read this article from INVICTUS...



Market Update

The dramatic sell down in cryptoassets over the past few days is not the first, and it will certainly not be the last, market event of its kind. It is important to note that these events have not occurred in isolation and are a result of a confluence of several factors, including broader global macroeconomic trends that have cascaded down to rattle risk appetite among investors. Short term sell-offs can be driven by numerous factors, with periodic, and the sometimes irrational, behaviour of market participants driving prices. It is not difficult to find historical examples of this herd-like behaviour across all types of markets.

The Nasdaq 100 Index delivered -41.9% in 2008 due to the global financial crisis, only to return +53.5% and +19.2% in 2009 and 2010 respectively. Cryptoassets have been through their own market gyrations. Early investors in bitcoin need only look at the twin crashes in the asset’s price in 2013 for evidence of how quickly sentiment can change. It is clear from these events that negative, as well as positive, extrapolation and sentiment, are inherently temporal in nature. While we are cautious to make any predictions, these are great examples of how quickly markets can reverse losses, and gains for that matter.

It is from this fact that great investors gain their edge. While less sophisticated investors (typically retail traders looking for short-term gains) are likely to sell in times of distress; institutional investors, with long time horizons and ample deployable capital, are willing to purchase these assets at a significant discount during these periods. This has proved to be a tried and tested method for generating long-term gains, such was the case for those with the stomach to have bought into the Nasdaq 100 going into 2009. Given this, it is important to remember that investing is a long-term pursuit in the face of short-term noise. Investors should avoid emotional decisions that have the potential to cause permanent capital loss.

Kyle Cox,
Senior Investment Analyst
What is this thing that builds our dreams, yet slips away from us?

Reply
#17
BTC down to $4300..
Reply
#18
The market is rising again. I think we see much manipulation right now.
Cardano is the most promising 3 gen. crypto right now.


Reply
#19
I think crypto is still far too volatile for "ordinary" investors. It can never be taken seriously as a currency or replacement for FIAT as long as it has these huge swings.
Reply
#20
(2018-11-22, 01:04 PM)BobBobert Wrote: I think crypto is still far too volatile for "ordinary" investors.  It can never be taken seriously as a currency or replacement for FIAT as long as it has these huge swings.

When the value of crypto is measured against crypto instead of fiat I'm sure it will be stable, but we are not there yet.
Cardano is the most promising 3 gen. crypto right now.


Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)