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Topic: after only a few days the bitcoin has gone up, but now it's starting to fall aga (Read 10383 times)

sr. member
Activity: 692
Merit: 254
terra-credit.com
That was a normal decline, mate. Bitcoin price should be growing continuously? No, this is not the crypto's nature! Bitcoin price went down and now it again started growing! so what do you think now? This pumping will continue? No, we will see the crypto market decline again, that's why we need to be prepared! Just enjoy the present positive atmosphere in the crypto industry!
STT
legendary
Activity: 4088
Merit: 1452
The ironic thing to the price rising and falling again is that in average or sum total over that period the price is staying the same, its more stable then a price that keeps rising or keeps falling.    It could be considered a superior market while the price is relatively stable.

I think BTC is strangely bouyant at the moment, I expect it to sell off after stalling around 8000 yet it just keeps on recovering though it has lost its previous regular rise since April or so.    The Feb rise at a slower pace is probably still in play
legendary
Activity: 2884
Merit: 1117
I think falling again is healthy in finances because when something goes up forever without ever dropping it is becoming a bubble that is waiting to be burst. Remember when bitcoin became 20 thousand dollars without any stops and suddenly started to drop and became 3 thousand dollars?

Well, if we do not have a fall in between of our highs then we will be going down again that fastly once again. That is the reason these falls are healthy and we should be happy about them since without them the price of bitcoin will only go up until it bursts and creates a trouble. I also would like to see the price stay around here for a while as well because just going up and down is not the only option, staying on the same price is also helpful in some situations for people to gather some more money back and reattack the resistance levels to go higher.
full member
Activity: 924
Merit: 221
It's not bad to have a small reversal for just a week or so, it just means that people can buyback again after they sell their Bitcoin to a high price. I hope you understand what the market's been doing. It won't keep growing if all of the people are selling someone must have to buy too, in order to move the supply and demand of the market.
Some says it is all about market price correction because of the sudden surge last few days where bitcoin market price were surging. So, if this really because of market price correction then there is nothing to worry. Bitcoin hokders still had holding their btc. Besidres there is a bullish news here that btc will going to go a huge market price increase as it seems that a billionare wants to buy 25% of bitcoin supply for no particular reason. So we exprct a good market price increase.
legendary
Activity: 1946
Merit: 1137
True, everyone (especially the newbies) wants that bitcoin and altcoins prices always move up and up and never fall down. Cheesy  When the price started to dump, these people start crying and regret that either

1- They did not sell in profit  OR
2- They bought too high in the upward rally   
This is something that bothers me, I understand the desire to make money since we all want the same but it is as if newbies do not understand that it is impossible for a market to pump forever, at some point the price needs to go down and they need to be ready to take their profits and sell their coins, maybe this has to do with the fact that most of the time when I see newbies discussing strategies they are always discussing entry strategies and they never discuss exit strategies.

They really need to learn it the hard way though. Because newbies thought that the price could go on parabolic rise and then they bitch around when the price goes south. But that's how the market operates and sometimes it's better for them to experience this kind of dump so that they will learn from it.

but this is not a "dump" and it is not even a big drop for them to learn anything. going from $8000+ to $7500 is barely even a concern specially since price is closer to $8k again. a "dump" is more like what we had at the beginning of this year when price despite being above a strong buy support at $6k got dumped and went below it drastically and went down to $3.1k.
hero member
Activity: 2660
Merit: 551
True, everyone (especially the newbies) wants that bitcoin and altcoins prices always move up and up and never fall down. Cheesy  When the price started to dump, these people start crying and regret that either

1- They did not sell in profit  OR
2- They bought too high in the upward rally   
This is something that bothers me, I understand the desire to make money since we all want the same but it is as if newbies do not understand that it is impossible for a market to pump forever, at some point the price needs to go down and they need to be ready to take their profits and sell their coins, maybe this has to do with the fact that most of the time when I see newbies discussing strategies they are always discussing entry strategies and they never discuss exit strategies.

They really need to learn it the hard way though. Because newbies thought that the price could go on parabolic rise and then they bitch around when the price goes south. But that's how the market operates and sometimes it's better for them to experience this kind of dump so that they will learn from it.
hero member
Activity: 1302
Merit: 540
True, everyone (especially the newbies) wants that bitcoin and altcoins prices always move up and up and never fall down. Cheesy  When the price started to dump, these people start crying and regret that either

1- They did not sell in profit  OR
2- They bought too high in the upward rally   
This is something that bothers me, I understand the desire to make money since we all want the same but it is as if newbies do not understand that it is impossible for a market to pump forever, at some point the price needs to go down and they need to be ready to take their profits and sell their coins, maybe this has to do with the fact that most of the time when I see newbies discussing strategies they are always discussing entry strategies and they never discuss exit strategies.
The trading business needs to have two participants, those who needs to buy and sell the project. Forgetting this concept can lead you to being trapped
as you're going to continue holding and thinking that the value will rise from time to time.
hero member
Activity: 1932
Merit: 504
True, everyone (especially the newbies) wants that bitcoin and altcoins prices always move up and up and never fall down. Cheesy  When the price started to dump, these people start crying and regret that either

1- They did not sell in profit  OR
2- They bought too high in the upward rally   
This is something that bothers me, I understand the desire to make money since we all want the same but it is as if newbies do not understand that it is impossible for a market to pump forever, at some point the price needs to go down and they need to be ready to take their profits and sell their coins, maybe this has to do with the fact that most of the time when I see newbies discussing strategies they are always discussing entry strategies and they never discuss exit strategies.
Maybe what they aim is instant money, so they only think if they can get profit with bitcoin and other cryptos. So they not really think how to manage if lose, when to sell or in what price that they need to take profit before price down again.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
True, everyone (especially the newbies) wants that bitcoin and altcoins prices always move up and up and never fall down. Cheesy  When the price started to dump, these people start crying and regret that either

1- They did not sell in profit  OR
2- They bought too high in the upward rally   
This is something that bothers me, I understand the desire to make money since we all want the same but it is as if newbies do not understand that it is impossible for a market to pump forever, at some point the price needs to go down and they need to be ready to take their profits and sell their coins, maybe this has to do with the fact that most of the time when I see newbies discussing strategies they are always discussing entry strategies and they never discuss exit strategies.
sr. member
Activity: 1162
Merit: 251
It's not bad to have a small reversal for just a week or so, it just means that people can buyback again after they sell their Bitcoin to a high price. I hope you understand what the market's been doing. It won't keep growing if all of the people are selling someone must have to buy too, in order to move the supply and demand of the market.
do not be too surprised by this price movement, before going up to $9k the price also rises and falls repeatedly isnt it? the correction is reasonable because traders will certainly secure profits when the highest price occurs, and that makes prices fall yesterday, but as you say that this is the time to go back to buy
sr. member
Activity: 882
Merit: 269
It's not bad to have a small reversal for just a week or so, it just means that people can buyback again after they sell their Bitcoin to a high price. I hope you understand what the market's been doing. It won't keep growing if all of the people are selling someone must have to buy too, in order to move the supply and demand of the market.
Because of how some people understand the market they always feared or panic whenever some traders tried to take profits from gained in a bullish trends. One thing we should know is that it must happen and traders must take profits and that means we should remove this panicking from our mind and focus on a long term view.
Like now that we are having up and down in bitcoin pricing it is better we should understand that bitcoin is resetting for the next bull run and if that did not come up then expect serious dumping.
sr. member
Activity: 2506
Merit: 368
It's not bad to have a small reversal for just a week or so, it just means that people can buyback again after they sell their Bitcoin to a high price. I hope you understand what the market's been doing. It won't keep growing if all of the people are selling someone must have to buy too, in order to move the supply and demand of the market.
legendary
Activity: 2590
Merit: 1988
1% Skill 99% Luck :v
Kalau menurut logika saya naik turun itu sudah biasa.

Yang perlu kita lakukan sebagai pembeli hanya memantau dan yakin ,
Maksud saya yakin dalam mengambil tindakan apa itu menjual dan membeli
 
#salam dari saya newbie
What are you doing here man? You are not allowed to use Bahasa Indonesia here.
Bahasa Indonesia (Indonesian)
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
It will rise and fall, it's been normal to bitcoin, that movement is happening even before, don't be surprise on that.
Changes this year is good so far, so I will complain on that, bitcoin is at $8000 now after being dump at $3000+, that's a great improvement so far.
There will be some corrections, and that is normal in a volatile and high speculative market, but we should focus on the overall improvement.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
No need to worry if you see the price of Bitcoin to start to drop again. This is very normal. Others call it market correction after a sudden price increase of Bitcoin price and this not the first time that this happens. If we look at how much did the price dropped its just 13%. Way back the price drops to up to 25% and yet we are still here.

That is all true but for some reason people like to panic. And they expect once the price is in the rise that it will stay there not thinking at all about volatility and possible corrections. At the moment we are experiencing actually very small correction and I don't expect some bigger fall but the growth neither. It seems that price will continue to fluctuate in the current range.
It's because they only want the price to keep on rising. They think that fall is a bad thing which is actually not at all. If the price is rising, they think it's continues, no wonder they also think the same if there's fall, they also think it's continues. What a mindset, too much positive and negative. As of now, the price is recovering from the recent fall. They should think of this possibility, recovering rather than always panicking if there's a fall.
This kind of mindset is really wrong for most people.When they do saw price rally then they do like for it to continue

forever without even minding that showing big spikes in price isn't a healthy market.There would always be a retracement
or decrease on price yet this market isn't just intend to shoot up in moon in a short span of time.

True, everyone (especially the newbies) wants that bitcoin and altcoins prices always move up and up and never fall down. Cheesy  When the price started to dump, these people start crying and regret that either

1- They did not sell in profit  OR
2- They bought too high in the upward rally   
hero member
Activity: 2996
Merit: 609
No need to worry if you see the price of Bitcoin to start to drop again. This is very normal. Others call it market correction after a sudden price increase of Bitcoin price and this not the first time that this happens. If we look at how much did the price dropped its just 13%. Way back the price drops to up to 25% and yet we are still here.

That is all true but for some reason people like to panic. And they expect once the price is in the rise that it will stay there not thinking at all about volatility and possible corrections. At the moment we are experiencing actually very small correction and I don't expect some bigger fall but the growth neither. It seems that price will continue to fluctuate in the current range.
It's because they only want the price to keep on rising. They think that fall is a bad thing which is actually not at all. If the price is rising, they think it's continues, no wonder they also think the same if there's fall, they also think it's continues. What a mindset, too much positive and negative. As of now, the price is recovering from the recent fall. They should think of this possibility, recovering rather than always panicking if there's a fall.
This kind of mindset is really wrong for most people.When they do saw price rally then they do like for it to continue

forever without even minding that showing big spikes in price isn't a healthy market.There would always be a retracement
or decrease on price yet this market isn't just intend to shoot up in moon in a short span of time.
copper member
Activity: 455
Merit: 0
To get profit from bitcoin, patience is needed because the price of bitcoin is indeed unstable, and don't be easily trapped panic at every drop because it will make you sell low.
full member
Activity: 812
Merit: 100
whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.
It's important to be calm than to think crazy thinks because of falling of bitcoin in the market. Relax it's just a little drop but it will move up again so don't be panic and stay hold what you have.
legendary
Activity: 2058
Merit: 1015
No need to worry if you see the price of Bitcoin to start to drop again. This is very normal. Others call it market correction after a sudden price increase of Bitcoin price and this not the first time that this happens. If we look at how much did the price dropped its just 13%. Way back the price drops to up to 25% and yet we are still here.

That is all true but for some reason people like to panic. And they expect once the price is in the rise that it will stay there not thinking at all about volatility and possible corrections. At the moment we are experiencing actually very small correction and I don't expect some bigger fall but the growth neither. It seems that price will continue to fluctuate in the current range.
It's because they only want the price to keep on rising. They think that fall is a bad thing which is actually not at all. If the price is rising, they think it's continues, no wonder they also think the same if there's fall, they also think it's continues. What a mindset, too much positive and negative. As of now, the price is recovering from the recent fall. They should think of this possibility, recovering rather than always panicking if there's a fall.
sr. member
Activity: 1204
Merit: 272
1xbit.com
whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

Yeah the Golden days are gone in my opinion lol.
Only a few days passed when Bitcoins started increasing in price.
But now they are going down in a rapid speed also.
But i would say don't panic in these types of situations.
When there is a pump, the  btc goes down and again increases.
So don't get panic and sell your coins.
Everything will be back into normal soon.
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