SUPREMOCOC Posted November 18, 2018 #1 Posted November 18, 2018 This week, the focus was on the Bitcoin Cash (BCH) hard fork and the ugly bickering between the warring factions. This led to a dent in the sentiment, and many believe this to be the reason for the sudden drop in crypto prices on November 14. The fall has been severe and has dragged several cryptocurrencies to new year-to-date lows, breaking below critical support levels. This is a big sentiment breaker as the technical picture on most digital currencies has worsened and will take a lot of time and effort to rectify. This mayhem also led to new placings in the top five cryptocurrencies in terms of market capitalization. So, after the fall, should investors view this as a buying opportunity, or should they wait for the decline to end and a trend reversal to take place before initiating any long positions? Let’s find out. Link to the news: https://cointelegraph.com/news/top-5-crypto-performers-overview-xem-ripple-stellar-bitcoin-iota
blueprints Posted November 19, 2018 #2 Posted November 19, 2018 I hope out of all of these, that bitcoin and ripple go up. But as far as the price drop goes i doubt that theres been that big of a drop to scare investors into making changing their minds on anything. So I think they should wait.
SUPREMOCOC Posted November 20, 2018 Author #3 Posted November 20, 2018 On 11/19/2018 at 10:39 AM, blueprints said: I hope out of all of these, that bitcoin and ripple go up. But as far as the price drop goes i doubt that theres been that big of a drop to scare investors into making changing their minds on anything. So I think they should wait. The price is going down because of faketoshi.
bmg Posted November 21, 2018 #4 Posted November 21, 2018 I would think that they would want to view this as a buying opportunity .
davinmark Posted November 28, 2018 #5 Posted November 28, 2018 i think its the time for new investor to buy the BTC or an alt but for an old investors, maybe they just hold their investment because of this sickness price
JEEPERS0029 Posted December 5, 2018 #6 Posted December 5, 2018 Hi! so the BCH fork ok it looks like an ox effect and it probably hit all the crypto! but I think that everything on the fork is not possible!! because there are really all the crypto that have taken lead in the wings and it has never been seen with just one fork at least not on all the crypto all at once!! I think that the traders are blowing up the markets because until then it was stagnating and he wasn't making as much money as he was when they floated the BTC on the stock market! but everything is possible and except speculating and watching! ! I think that the traders are blowing up the markets because until then it was stagnating and he wasn't making as much money as he was when they floated the BTC on the stock market! but everything is possible and except speculating and watching! That's my opinion!!!
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