Will the crypto market ever recover

Discussion in 'Bitcoin and Cryptocurrency' started by Roco Bama, Aug 10, 2018.

  1. Roco Bama

    Roco Bama Member

    Is now a good opportunity to pick up good coins or this market is doomed.
    Share your opinions guys.
     
  2. proken

    proken Member

    The market is NOT doomed. Guarantee a 5,000 percent gain... Just maybe not in our lifetime. Damn.
    On a real note, I'm buying BTC and ETH.. I was told BTC was going to zero five or six years ago when it was 200 dollars and bought a few. Got some ETH at 12 dollars a couple years ago. I seem to be doing ok even with our big crash the last few days... think.. Don't be short-sighted with the press and charts. Blockchain doesn't regard charts or futures like the chart monkeys would have you believe. Completely different animal. I'm HODL, especially when the experts (in a brand new open ledger accounting system) tell me what to do. They have no clue. BTW.. there are a lot of shit coins out there, in my opinion, stick with the top ten via their market cap.
     
    Roco Bama likes this.
  3. Sk8man101

    Sk8man101 Member

    No way it’ll ever see a spike again like it has in the past two years.
     
  4. Ripped

    Ripped Member

    It will far exceed anything in the past once big money gets in but I couldn't begin to try and put a date on it.
    But no it's not over it would be alot higher if not for the mt.gox trustee doing all the massive sell offs.
     
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  5. sinewave3

    sinewave3 Member

    Totally a gamble, so don’t put in what you can’t afford to lose. Look at at the dude on Reddit who borrowed a bunch to put into cryptocurrency. He is down 85% and has to pay that bill each month.

    Also, when the price is rising don’t be afraid to sell a little and take some profits!

    I really want BTC and Ether to come back and I think they will eventually, unless something waaay better comes out.
     
  6. Fryguy

    Fryguy Member

    Hope you picked up those coins. ETH is almost at 20% gain today.
     
  7. Roco Bama

    Roco Bama Member

    I'm only investing in XRP from now on
     
  8. Fryguy

    Fryguy Member

    Had nice gains too. I'm trying to time buys and sells. Reminds me a lot of gambling...
     
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  9. TideGear

    TideGear Member

    Last time I checked LTC it was in the 70s and now it's in the 50s... I'm starting to think crypto is complete garbage
     
  10. Fryguy

    Fryguy Member

    True, it was at 43 1 year ago today though. I look at it as gambling and a different way to pay. I'm not really expecting anything, but if it jumps 300% I'll be happy. I started looking at crypto right before it blew up back in December. LTC was at 40 then next thing I knew it was at 330. I kicked my self for not even putting in 100 bucks.
     
  11. TideGear

    TideGear Member

    I'm no expert but I don't expect it to ever peak like that again. I just think people are too wary of it. I'll be happy if it hits 80 again. I'll spend what I have on raws and be done with it for good
     
  12. Rosconow

    Rosconow Member

    I just jumped on the "Load coin" bandwagon. A silver backed crypto. Got in on the 1st tranche buy in. I don't ever want to be on the sidelines again after missing the btc early days....
    Supposed to be listed by 01/01/19.

    Home :: LODE Association
     
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  13. Michael Scally MD

    Michael Scally MD Doctor of Medicine

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  14. DrinkFlintWater

    DrinkFlintWater Member AnabolicLab.com Supporter

    Fixed for you. I'll revisit this thread in December and show you why.
     
  15. Roco Bama

    Roco Bama Member

    Day trading crypto is a bad idea. You should buy and hold.
     
    TideGear likes this.
  16. Roco Bama

    Roco Bama Member

    I feel like ripple is the only crypto that isn't risky for long term investments since governments around the world will tighten regulations on cryptos which can have a big impact on their values.
     
  17. proken

    proken Member

    BTC worth more than gold. Trading BTC alone, in transactions and volume, and no other cryptos, 3x more than gold, in USD, volume this year. 0.4 trillion in gold, 0.9 trillion YTD. Hmm... Reminds me of the early 1990's when the internet was a fad. BTW, Where are you CE and the original 'undergroundsuplements.com'? You still with us?
     
  18. Michael Scally MD

    Michael Scally MD Doctor of Medicine

     
    Millard Baker likes this.
  19. Roco Bama

    Roco Bama Member

    Scally, do you have any plans to profit from this crypto crash ? You can make big gains if you invest smartly right now.
     
  20. Michael Scally MD

    Michael Scally MD Doctor of Medicine

    None, Nada, Zip ...

     
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