is cryptocurrency falling?

Yeah, it's always rising and falling...

01-05-2018, 05:32 PM

Luziver Wrote: I just bought into Ripple this morning at $0.81 and I'm 100% confident it'll go back to at least $0.85 or $0.86 in the next day or two because the charts indicate it. That's good % increase on my principal. Just 1% a day on $10000 is a hundred bucks a day!

Best of luck! Just remember, losing 1% a day on $10000 is a hundred bucks a day too

The concept of cryptocurrencies is good, but not developed enough internationally.
It is understood only by "geeks" or by those who are very interested in computer science

01-05-2018, 05:45 PM

Bassdrop Wrote: Yeah, it's always rising and falling...


Best of luck! Just remember, losing 1% a day on $10000 is a hundred bucks a day too

Yeah that's true it feels terrible when you're down 5% - 10% but you know what if you know how to read charts and use technical analysis you'll win more than you'll lose. For example off the top of my head XRP has moved between 0.78 and 0.90 in the past few days so I've created a safe-buying position at around 0.81 - 0.83 because according to charts and all my experience I can guarantee myself it'll at least reach 0.85 - 0.86 within 48hrs of my resistance point. I bought 2500 positions this morning at 0.81 and XRP already touched 0.83 not too long ago.

Crypto is a very unpredictable thing, it's like stocks. It goes up and down. It has is ups and it also has its downtimes. If you noticed, last year around december the hype around bitcoin on social media was huge, on twitter etc. This leads to more people purchasing -> price going up. However it's now in a very chill state, but who knows, maybe around august it'll start rising again.

Crypto currencies are just in a wider abundance so the investments in one specific crypto are dying off but others are starting to gain popularity and worth. I also want to state that mining certain cryptos can be easier than others (such as GPU mining) so those are gaining more favor in the mining world as it can be very inexpensive as opposed to the old bitcoin mining boxes that cost more in electricity than it's worth. It can really go either way but I think things are just leveling out as more currencies are created. I think it'll settle once people are settled on what they like more.

Bunch of big names like Warren Buffet are against it, so its pretty hard to make it happen when you have the worlds biggest economist at your ass.

I dont think it would hold at the bottom because it has found its resistance levels

you just need to find new cryptocurrency. So much bitcoin miners...

since 2013 and we hear falling and falling and falling but to me iam 100% trust in crypto and see the future on it :D

honestly i feel like its just a waiting game at this point, they will go up again