Crypto Market’s Long-Term Trend

[mian651 15]

Bitcoin and other crypto assets haven’t done too hot over the past six months. Since peaking at $14,000 in June, the leading cryptocurrency, BTC, has lost some 50%, tumbling as bulls failed to keep the upward momentum, and as regulatory pressure and sell-side pressure from miners and the PlusToken scam hit the market.

Despite this, one of the most prominent executives in the industry, Changpeng “CZ” Zhao of Binance, is sure that this industry’s long-term momentum remains in the upward direction, boding well for the future of cryptocurrencies and related technologies.

[Nurul Huda 944]

2 minutes ago, Sahil19 said:

Yes cryptocurrency long term is now trend everyones hold there cryptocurrency for long term because now price of cryptocurrencies is low

I agree with the statement you made at the time that now it is a trend that everyone holds cryptocurrency for the long term because they see the price of cryptocurrency so low that they prefer to use cryptocurrency in the long term to seek more profits.

[nicolas1234789 2566]

Long term period strategy become answer to face sideways trend but of course choose the right coin decide how long you can keep hold?. Even use long term period strategy I suggest to use martiangle money management for your own safety.

[vivek jain 308]

Bitcoin is still a small market cap instrument so there will be high volatility in the short term. However, if you look at the fundamental technology, the longer-term view, about a 5-year or 10-year horizon, we’re very confident that bitcoin and cryptocurrencies are here to stay.”

[teminalibug 309]

For a long term the price of bitcoin will be rising, but in short term,  there are many things that can cause the lagging in price increasing.

[scorpiali 5626]

Everyone go ahead with long term from December they take the decision from a long time and me too, because the price it's not stable and go up abd down between 7000 and 9000 and that good for bitcoin to grow up in the beginning if this year

Good luck to all holder

[jacker 1095]

I agree the last 6 months it hasn't been hot, it drops a lot, which worries many people. but I think it will explode strongly after falling by more than half, the better thing now is to hold for a long time and wait

[Syedbesharat 5423]

BTC long term.investing thing but it also gives margin on short term.If you follow market you will cash some.profit on some spikes.But Bullish is the ultimate move of BTC.So long term investment plan is  better choice if you want to invest in btc.All other coins holder are doing same i have invested in XRP and now waiting fir his upward.

[Cryptotakl1 0]

Well crypto currencies will continue to have government problem .i suggests to use martiangle money management for your own safety .

[Brushless4500KV 4214]

The current market is somehow strange because bitcoin is acting like a stable currency and it doesn't have wide price changes per day. It is not easy to earn daily profit from bitcoin these days. Even altcoins have become very stable in price and the volatility has reduced. In this situation most traders will think about long term holding.

[guatazoo 7150]

if crypto will real keep the trend for a long term, i think bitcoin will reach 20k before the halving.

[Afrizal rahman 2636]

Yes, Bullrun's failure caused by the many scams of fake tokens in circulation. But all this is not the beginning of destruction, we still believe there is even a fairly high increase again later.

[duncun007 3577]

i think pretty much most people are so bullish and even when the market takes a big down trend from 10k to 8.5k now we still buy it because we know in a few months it would be more than 15k.

[Adnan G 20]

Crypto is a long time trend and will work for a very long time people will make it a trend and a lot of people will join this platform to earn for themselves without facing problems.

[Honny143 13612]

Now a time so many investors use long term strategy because in future bitcoin prices goes high, and halving also coming soon so many investors believe when halving completed then bitcoin price touch sky, and crypto market indicate the same thing, so holding is good strategy and this strategy safe and risk free.

[bentayebsalah 2280]

The exchanger in the long term needs patience, as well as huge profits can be made, although I prefer the short term and daily profits

[Whited35 15285]

I also love the long term trading strategy. In the short term trading there is nothing for sure that we can gain the money as the profits or not but in the long term, if you invest the huge amount of USD in BTC, over the time you will sure make the huge income. 

[Md.ShahParan1 22]

Bitcoin, Bnb, eth, ltc are the best coins if you are trading for a long time. At any time, these prices can double. So those who have been trading for a long time, will they try to be a DP brother? DP brother will certainly earn a good amount of income.

[Ms.o 3322]

Long term term is because of price fluctuations or the irregular rising and falling of price of certain coins and during this time of posts where crypto are almost drops its price it is basically the best option.

 

 

[Hanan951 841]

On 12/22/2019 at 11:41 AM, mian651 said:

Bitcoin and other crypto assets haven’t done too hot over the past six months. Since peaking at $14,000 in June, the leading cryptocurrency, BTC, has lost some 50%, tumbling as bulls failed to keep the upward momentum, and as regulatory pressure and sell-side pressure from miners and the PlusToken scam hit the market.

Despite this, one of the most prominent executives in the industry, Changpeng “CZ” Zhao of Binance, is sure that this industry’s long-term momentum remains in the upward direction, boding well for the future of cryptocurrencies and related technologies.

With this high number of btc they can't make the coin that high all the time me if i have alot of btc and i saw 14k i will sell everything and buy again in a lower level.

[Ali_hmwi 966]

They also faild to make the price above 10k also now the situation of btc is not good and after every wake up it fall again and again and that is really weird.

[BTC Future 3946]

It is better not to read opinions of others and don't bet according to "sentiment" of the community, as probably you will end up changing your strategy and in the end losing. It is the influencers job to influence your decisions and lead you to a losing trade. Just stick to the plan you have and don't deviate, not even by a little.

I was following an influencer at youtube that basically wanted his followers to sell on the huge support of 4-5K after a major drop of 60% from late high. I instantly unsubscribed and didn't watch him again. Most of these entertainers are just there to shill their position.

[Rendra808 92]

I concur with the articulation you made on the time that currently it may be a flow that everyone holds cryptocurrency for the long term on account that they see the cost of cryptocurrency so low that they choose to make use of cryptocurrency inside the long term to look for extra blessings.

[tienda 8776]

I think what happens with Bitcoin price is happened with many products and services around the world because of Corona virus, but sure and sure after this crisis the Bitcoin price will rise higher.....

[Maroua 1159]

Useful post Thank you for all this information, everyone is waiting for an opportunity to increase the price of bitcoin in order to sell their shares.

Edited April 7, 2020 by Maroua