Topic: any opinions about the recent btc price crash? - page 2. (Read 984 times)
The market doesn't look great at all because of the bad news circulating all over the world and the recent was china banning mining bitcoin and financial payments using cryptocurrency, also Tesla announcing that they will no longer accept Bitcoin as a payment on purchasing their cars. About the indicators I used, its MACD, EMA (50), and RSI, that's all I use because I find it very simple yet effective to use. I'm also studying about FIBO to add in my indicators in trading because it's pretty interesting.
All the negative news around the cryptocurrency market is aimed at making it easier for the investor to part with their coins. There is a usual redistribution of the market, when coins are selected from weak hands with the hope that they can then be sold to them at a higher price.
Once again it is proved that cryptomarket is the rich man's playground. FUD is created, and the panic is being made use of the whales. Traders who made the right move at the right time will be now making good profit out of the massive market fluctuation that is happening over the past few days. Then also there is more chance of Market crash and recovery.
More memes from traders were around praising Elon Musk, because without him the market could've never crashed and has got a recovery in such a short time period.
More memes from traders were around praising Elon Musk, because without him the market could've never crashed and has got a recovery in such a short time period.
In general yes, the rich man's playground but I would say this is only true for traders and speculators. If you want to play the trading game, be prepared to lose to the rich men.
But speaking from my own personal experience,,, if you only use crypto and see it as a long-term appreciation tool and store of value other than payment processor, you cannot lose.
Once again it is proved that cryptomarket is the rich man's playground. FUD is created, and the panic is being made use of the whales. Traders who made the right move at the right time will be now making good profit out of the massive market fluctuation that is happening over the past few days. Then also there is more chance of Market crash and recovery.
More memes from traders were around praising Elon Musk, because without him the market could've never crashed and has got a recovery in such a short time period.
When it comes on making money then everything would really be varying or depending with price fluctuations and to those who do make out active trades are the ones who are really making tons of profitsMore memes from traders were around praising Elon Musk, because without him the market could've never crashed and has got a recovery in such a short time period.
out of these movements.Im not talking in all traders but several ones who do really know on how to play with these movements.
To those who bought on the peak then they are the ones who do freak out when the market had make out some serious dump or crash.Its just a matter of time on where prices
would really recover out and we are currently seeing it at the moment.
Its a typical movement and this is one of the most favorite time for traders but not all would really be giving out that kind of chance to make profits.
It all varies on how you do deal with these movements.
Once again it is proved that cryptomarket is the rich man's playground. FUD is created, and the panic is being made use of the whales. Traders who made the right move at the right time will be now making good profit out of the massive market fluctuation that is happening over the past few days. Then also there is more chance of Market crash and recovery.
More memes from traders were around praising Elon Musk, because without him the market could've never crashed and has got a recovery in such a short time period.
More memes from traders were around praising Elon Musk, because without him the market could've never crashed and has got a recovery in such a short time period.
Numerous specialists said that this news is the best justification bitcoin unloading and for this Bitcoin all crypto market has declined. I'm certain bitcoin will increment and the cost will begin to energize. We need to have tolerance and don't quit any pretense of looking for the potential coin that can bring us benefit.
You just need to focused and not being bothered by this current market, if you do believe that it will bounce back
then collecting more assets is your first option, not just by buying bitcoin but also to try finding good alts that have
better potentials, those projects that still surviving even the market continue to move up and down.
Whales just want to buy bitcoin at a cheaper price. The fuds few days ago were planned by those people to shake the weak hands and create panic selling. Institutions are not even selling so there is no reason to do it and lt is not also the end of bull run like what others say. Cryptos are very volatile so we should not be surprised with these events and get used to it. Just buy the dip like everyone is saying when these crash are happening. Market will not always go down, here in crypto world the one with the strong hands to hodl is the one who wins in the end.
It's hard to say, I would not attribute this to an ordinary FUD from Ilona Mask or a Chinese, obviously this played a role, but whether the reasons are obvious is another question.
In any case, under the FUD sauce, they feed us the story that the market will grow up, but I think this is a trap and we must fall even lower and be in a flat before a new round of growth begins.
In any case, under the FUD sauce, they feed us the story that the market will grow up, but I think this is a trap and we must fall even lower and be in a flat before a new round of growth begins.
I think it does not really help us to wonder what,,, and just accept that it is all part and parcel of the crypto cycle. Whether we know the reasons or not these are all posthumous so does not really change our intentions for the long term. Short term it means we buy more if we can or just switch off and enjoy life and earn fiat salaries to buy cheaper crypto:)
Market won't rise forever, however never a bad idea to re-balance your portfolio if the crypto market is down. I've been in this market for more than 4 years and this is simply one more side of crypto. Absolutely never sell, until you get the value point in your mind. For what reason would you ever take a loss, when everybody is simply waiting?
Hey,
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
About bitcoin crash only I can say is buy now! There are some negative news about crypto currency that caused for this sudden drop, so just hold on and don't panic sell your asset, wait until market recover and bounce back again. While waiting just take this dump as an opportunity to buy more bitcoins and altcoins to have a huge return in the future. That will happen if you believe in bitcoin and some altcoins to grow and have a good future. I believe, new ATH is coming just have patience.
It's hard to say, I would not attribute this to an ordinary FUD from Ilona Mask or a Chinese, obviously this played a role, but whether the reasons are obvious is another question.
In any case, under the FUD sauce, they feed us the story that the market will grow up, but I think this is a trap and we must fall even lower and be in a flat before a new round of growth begins.
In any case, under the FUD sauce, they feed us the story that the market will grow up, but I think this is a trap and we must fall even lower and be in a flat before a new round of growth begins.
~
China did make a controversial statement again. But it is clear that FUD was deliberately created to destabilize the Bitcoin market. people who have been around since 2017 and have experienced the same incident are already understanding and stronger, but new people certainly tend to panic and be hit by FUD, causing the market to crash. Bitcoin needs Good News to make the market better, but a lot of FUD is currently spreading.on where involvement of China is here once again to make out some drama and make some another price market fluctuations which is no surprise that they do always come up with
an idea on how to make the market do go below once again.IF you are just new then you would normally freak out but if youre old and experienced
then this is something that you cant just easily panic and rather see this as an oportunity or chance.
What China is doing to make Bitcoin price fall is not the first time, I have been in the crypto world for a long time, so with the current market
situation there is no need to panic. Because events like now will definitely happen again in the future. Actually, we must be able to take
advantage of the present situation to benefit us in the future. We can start collecting some coins that are considered good to buy, because all
the coins are now at very low prices, therefore this is a good opportunity to be able to buy coins at low prices. Which benefit will we get when
the market successfully recovers and the price of all coins can go up again.
Numerous specialists said that this news is the best justification bitcoin unloading and for this Bitcoin all crypto market has declined. I'm certain bitcoin will increment and the cost will begin to energize. We need to have tolerance and don't quit any pretense of looking for the potential coin that can bring us benefit.
Hey,
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
Yes, I agree. China recently statement affects the current situation of the market. I think they are doing it for something. They already banned cryptocurrency and yet they released again a news regarding the cryptocurrency which is very bad for it. Elon Musk recent statement about the environment concern in mining cryptocurrency and the same reason of Greenpeace that they will no longer accept BTC donation. In the time like this, selling is not the option. It’s either you buy the dip or hold until it recovers.What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
China had been banning crypto since 2019, and I don't think the recent news has any great effects in the market right now. It just happens to coincides with the "Elon Musk" and "Tesla" news recently.
Though if we are talking about a low price crash after the elon musk news, then maybe there is.
Hey,
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
Yes, I agree. China recently statement affects the current situation of the market. I think they are doing it for something. They already banned cryptocurrency and yet they released again a news regarding the cryptocurrency which is very bad for it. Elon Musk recent statement about the environment concern in mining cryptocurrency and the same reason of Greenpeace that they will no longer accept BTC donation. In the time like this, selling is not the option. It’s either you buy the dip or hold until it recovers.What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
China had been banning crypto since 2019, and I don't think the recent news has any great effects in the market right now. It just happens to coincides with the "Elon Musk" and "Tesla" news recently.
Though if we are talking about a low price crash after the elon musk news, then maybe there is.
Hey,
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
Yes, I agree. China recently statement affects the current situation of the market. I think they are doing it for something. They already banned cryptocurrency and yet they released again a news regarding the cryptocurrency which is very bad for it. Elon Musk recent statement about the environment concern in mining cryptocurrency and the same reason of Greenpeace that they will no longer accept BTC donation. In the time like this, selling is not the option. It’s either you buy the dip or hold until it recovers. What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
Hmmm, well, sometimes the daily chart will show you a decrease (the red signal) and the weekly and monthly might be showing you green when you switch to it, and that’s because the price hasn’t fallen as much as it has increased over that long period of time. That’s the reason you see it that way. But, you have to be paying attention to that and also b doing your analysis to know whether to move before things gets worse.If there is a better coin that you can switch to while you wait for the one you’re investing in to get better, you can do that and save yourself from loss. And when things gets better you can invest back in it again and wait for the price to go up again.
You can utilize any marker you need, there is no immovable standard about them. In any case, what really matter is your capacity to utilize the market development appropriately. I am certain bitcoin will increment and the cost will begin to mobilize. We need to have persistence and don't quit any pretense of looking for the potential coin that can bring us benefit. I feel that the blaze crash has quite recently taken the novices cash and they've purchased previously during the plunge. It's simply a few whales have gotten the money for out and that completely made them more rich once more.
Most of them took out loans just to invest basing their judgement and prediction on what the so called influencers (cryptocurency experts) have predicted all over the media most especially social media and how stories has come out of investors making thousands of dollars in the shortest time possible.
It must be the worst feeling when someone takes a loan and invests in crypto especially after what transpired recently. People who recklessly invest in any coin based on these Twitter and whatever social media influencers hopefully have learned their lesson. Investing alone was horrible and imagine someone took a loan, they might even have suicidal thoughts now.They lack the experience and that's what's is killing them also they don't have the interest of wanting to learn the ways of the industry instead just chasing the money and majority end up regretting (losses).
The ones who invested in BTC might actually be the best ones though because overall and in the years to come, bitcoin will again regain its All-Time-high but I cannot say the same for all those worthless coins in the market. I was looking at the charts as the crash happened and I was shocked to see that every coin dropped even more than BTC in terms of percentage which shows no matter how big the altcoin industry is, they are always going to be under the BTC influence. 
The issue of China baned crypto is not new. Likewise in 2017 when China made the same statement as today regarding crypto. I think this sentiment has often been carried out by institutions. but the impact of the decline in the current period if I observe it is not as severe as it was then. people tend to be more confident and optimistic about staying in the long run. they are not prone to negative issues
China did make a controversial statement again. But it is clear that FUD was deliberately created to destabilize the Bitcoin market. people who have been around since 2017 and have experienced the same incident are already understanding and stronger, but new people certainly tend to panic and be hit by FUD, causing the market to crash. Bitcoin needs Good News to make the market better, but a lot of FUD is currently spreading.on where involvement of China is here once again to make out some drama and make some another price market fluctuations which is no surprise that they do always come up with
an idea on how to make the market do go below once again.IF you are just new then you would normally freak out but if youre old and experienced
then this is something that you cant just easily panic and rather see this as an oportunity or chance.
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