Bitcoin price prediction. Bitcoin price technical analysis Bitcoin Price Trading Technical Analysis. Verge coin price analysis. Verge price prediction. Verge technical analysis. Bitcoin Crash. Bitcoin Bubble Bitcoin price prediction 2018.
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Thanks for the answer. Yeah that's exactly why I invested in Wax because I figured out most of the coins that got hyped by youtubers as the "Next NEO, Ethereum killer" all failed to make an impact and since they have a poor marketing on top of it there's a high chance they will never recover. I'd ride that ship to zero, but since there's a high probability that we will fall lower I'm thinking to sell some and re-buy at 5000 to collect more coins. I just hate selling at a loss...
That's a very good question. Here's my opinion (I do NOT know the answer, but this is my opinion) ...some of the coins may have special circumstances that will keep them afloat for long enough to bounce back even in a normally terminal situation... for example... some coins got started in different ways than the standard ico. They may be connected to an already operating successful business with positive cash flow, or maybe the coin was PRE-invested in a way that gives it funding for a certain length of time, or maybe the owners were smart enough to anticipate market crashes and have already invested what is needed to complete the project so that they still have a slim chance. I know that NEO was an angel investor in HPB, and that HPB has a patented BOE chip hardware accelerator for 1 million TPS that is already designed and built and it was successfully tested last month. So in situations like that, a coin that is now at 25 million market cap (and that should get crushed if bitcoin goes to 4400 or 3000) might still survive because of outside circumstances. I personally do not have enough knowledge of how market structure, stocks, or big business works to tell you if a coin like WAX can make it through or not. My guess is that WAX will make it through and so will HPB... but at the same time i think that some of these alternate platform coins are going to fall to zero eventually and die out. I would love to get further clarification from people who are truly in the know. Usually on youtube people claim to be 'in the know' and only 1 out of 100 of them actually is. Just keep that in mind. Thanks for asking my opinion... but again... I am not 'in the know'... I am simply a critical thinker. Sometimes that is enough, but often in business matters it is not.
Al Detrolio What about coins like Wax? It got destroyed pretty bad, but it's unique and has Mike Novogratz as an investor. It has a lot of potential but if the market goes to 3k not sure if there will be enough liquidity. I don't see a reason why would they want to abandoned such a promising project especially if they got enough resources?
I think we all would love to know 2 things... not only which coins will survive... but most importatntly... if we look at how far they have fallen (and will fall when we hit 4300 (or worse) what we need to know and consider is this...) Which few coins have the best earning potential as they slowly get back up to some of their regular positions as the market recovers. Because if the coin has hit full bottom, and it's all time high is much higher than another coin, the Xing capacity for one coin might be better than another coin. One coin might only 5X over the coming months while another could do 10X in the same time period because of the drainage it suffered. Yes? LOL ....so a video on thse possibilities could be EPIC, and would probably be your most loved and popular video to date, as well as being your most helpful to us all. Thanks again! :) ...btw- in that respect, I have my eye on Cardano. at 5 cents a coin when we hit bottom, I can see that sucker doing some very steady, serious gains considering it's previous all time high, it's Shelly thing coming out soon, and the fact that it follows the btc price charts very closely. (Icon is in the same boat... but they have not met deadlines, and the coin may have lost too much already. It may go over the edge if btc goes down to 4400.) ...this is the kinda talking points that would be great for the video imho.
Your scenario is quite reasonable ,but this is also to obvious! What im thinking and I got a gut feeling that we might pump to 8500 ,forming a double top M shape on daily chart. this will be similar to 2015 double top reversal . After 8500 we go down to 6k once again at this point everyone will think that we bottomed out(as we did in 2015 after double equal top),everyone will long but now the surprise factor will come :break 6k to 5 then 4k ...
Thanks for the time and sharing your opinion appreciate your videos and if your scenario plays out you just save me some money from jumping on some coins that I'm looking at like OMG ont PPT ICX NAS kind of missed the last couple days hopefully they come back down there again with the new news in China about the vaccination recall vet it's looking like another one that could take off or should I just save my money wait for Bitcoin to drop down down down and just roll everything into that decisions decisions WTF 2DO???
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Love your analysis and I'm glad to see someone with with a realistic view of the market cycle.
However, I don't understand how you could think we'll suddenly have this massive push back up by EOY? You're showing an extremely short accumulation period.
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