Bear trap or bull trap? | Bitcointalksearch.org

voztata

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Quote from: Mikaelxiong on August 12, 2018, 01:06:12 AM

Are we going to Saturn or will cryptos reach only the moon?

What do you mean by a bull trap? 🤔 we only have bull market and bear market. Bull market is when the market starts rushing up while bear market is when it gets slow and also going down .as for now, we are in bearish time of the market.

But trust me very soon there will be a rush, and I will be very sorry for those people that are panicking right now and withdrawing their money due to they are afraid.

Glorypaasa

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Quote from: Mikaelxiong on August 12, 2018, 01:06:12 AM

Are we going to Saturn or will cryptos reach only the moon?

i am sure that the market will going to rise again because if you see the dump is done and we will see the pump soon sure 100 percent that after aug the market will go up again and we will see the rise again so buy more now if you dont want to regret soon.

Wend

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For now it was a bear trap if you look at the market some of the coins are in dump price.
Maybe it will bull trap in this coming september or in december so we need to wait a little more and be calm always.

jeromix

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Ako Bayot!

There was a bear trap on when market price for most of the crypto fall down. After that there is a sign that bull market will going to happen. As of this moment crypto market price is not that expensive and is still considered cheap. And the good thing here is that buying more crypto will help us get more profit when bull market runs.

efxtrader

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Current market condition still not stable. Market drop below to $250billion market cap. Its hard for anybody involve in cryptocurrency but i am believe market will recovery. Most investor waiting on ETF approval and if ETF approved, i am believe crypto market will rising again

maculeth

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BountyMarketCap

various speculations until whales manipulation has accompanied crypto travel throughout 2018, and prices that are not yet stable and show a significant increase. can not decide at this time, but at the end of the year there is a chance that crypto will rise to another month.

Aikidoka

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I think bitcoin will only reach the moon. The planet describes it all. Gloomy, mysterious, and dark (Only it is bright to us because we only want to see bright things, but the reality is that it is backed up by the sun). I doubt it will manage to reach Saturn. So, let it go to the moon first, and afterwards, we will discuss our next plan to heading to Saturn. But I hope the governments and big whales allow us to because easy things tend to be hard to negotiate with.

Capt00

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I think we're coming on a bull market (IMO), just a little time that we expected the price will pump and I guess it will happen soon.
As I have noticed when the SEC announced about the ETF implementation the price begun the to bump in the market but the whales trying to manipulate the market and maintain to dump. Hopefully, as soon as possible it will back the price pump soon.

justspare

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Quote from: Mikaelxiong on August 12, 2018, 01:06:12 AM

Are we going to Saturn or will cryptos reach only the moon?

I think we are looking at a bull future. It is quite obvious that prices always go down a bit before going up. It never goes straight up and up, it draws back a little and shoots high. For that to happen we need to get the losses and drops in order to get the highs. Like Warren Buffet says, be courages when others are afraid and be afraid when others are courages. You need to just be patient and wait for the bull which is around the corner. If you sell or lose your patience in bad markets, you will never stay alive until the bull market days.

Quote from: renes on August 16, 2018, 03:00:02 AM

I think it is not bull trap because it failed because of etf news. But if etf would be acceppted there would still be such crash after some time.

How a crash will be possible if bitcoin etf will get approved ? I believe, if etf will be approved then bitcoin will have values around $25k in one week of trading and there will not be any possibility for crashes till $60k levels. Yes, the funds from the institutions and hedging houses may enable bitcoin to touch the moon.

Gururapyco

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We will have to wait some time for the next bull market. I think buying BTC on that $6.000 level is a way to go.

shawn995

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Indeed, I concur that the fixation on cash benefits is moderating the development as it were. It looks the inverse at first, really, in light of the fact that when more individuals trust the costs will build, the more individuals put resources into btc, in this way truly making the costs go up. Be that as it may, as benefit is the principle intention to get a few coins, when some minor awful things happen, these individuals are not willing to chance their 'genuine' cash, so they pull the assets back, smashing the cost for no sane reason, similar to we see now. I surmise that it is more vital to hold btc not on account of the benefits from exchanging for fiat, but since of being supportive of the automatic market and trusting that cryptos are simply the fate of cash.

paparexon0414

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No one is going anywhere. This is a sad reality that everyone need to face. This is really hard to imagine as of now. Everytime i see the exchanges with all the red markings, this makes me dizzy. I always see this tagline "hold" "hodl", "going to the moon", but is this really matters now? I am not sure if its worth holding some tokens and bitcoin. Im really lossing bigtime right now. Why those who have so many still keep on manipulating the smaller and the less, is this is their way to gain? Not so fair.

Lorence.xD

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Quote from: 1Referee on August 12, 2018, 01:42:20 PM

Quote from: kryptqnick on August 12, 2018, 12:13:50 PM

I think that it is more important to hold btc not because of the profits from trading for fiat, but because of being in favor of the self-regulating market and believing that cryptos are the future of money itself.

The mass doesn't give a damn about self regulating markets or decentralization, neither do they believe crypto is the future of money. In other words, there is nothing other than speculation giving them the incentive to be here. Seriously, the entire crypto market has been flooded with idiots after Ether's money printing machine kept spitting out rubbish tokens.

Before Ether's ICO rise there were plenty of noobs as well, but in no shape or form do these noobs come close to how stupid the >2017 token noobs are.

Market is unpredictable...a lot of issues confronting the crypto market, the issues on Banned and the most critical concerns is the government Regulation on crypto digital transaction, this issue affect the market value of crypto coins.. it may goes up and goes down dependent on the Volume of investment madte by the investors in the crypto market.

cahbagus555

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Quote from: Mikaelxiong on August 12, 2018, 01:06:12 AM

Are we going to Saturn or will cryptos reach only the moon?

Its hard to make prediction in market condition right now. If we believe that investing our money in crypto is profitable, better we keep it patient and hold it as long we can. I am believe cryptocurrency will be big market and profitable investment

Ridwan Fauzi

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Quote from: Mikaelxiong on August 12, 2018, 01:06:12 AM

Are we going to Saturn or will cryptos reach only the moon?

Should the cryptocurrency going to there?

Too much has happened in this year that came to cryptocurrency. So that, I don't have more expectation for cryptocurrency going to the moon or cryptocurrency going to saturn. Just focus on today and get used to collecting as much bitcoin or altcoin as I can. And I never sell them whatever happens, either it has a drastic decline but I have another considerations when the price of bitcoin has increased dramatically and so I will sold half that I have. If that's all I do, I won't have any anxiety about price movements.

renes

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I think it is not bull trap because it failed because of etf news. But if etf would be acceppted there would still be such crash after some time.

anntlevel

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Quote from: Nolimitz84 on August 12, 2018, 09:31:54 AM

Time will tell.I hope we can still go to Saturn after the Moon.All the news around favorably affect the achievement of this goal.

Bitcoin can achieve and reach at any highest possible place as we have seen its potential and strength especially in 2017. Experts and analysts are taking it more precious this time as they say that it can reach higher than 30k US dollar price. We are also waiting for that moment as we have collected some coins and those who have larger in quantity will enjoy it the most.

rickadone

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Quote from: Mikaelxiong on August 12, 2018, 01:06:12 AM

Are we going to Saturn or will cryptos reach only the moon?

Right now the market is not so bearish and not bullish as well. We had this rising trend in the market few weeks ago and the price had risen up to more than $8000. It was thought as the start of the boom but it the prices dropped again. The fall is considered a momentary one and that the market will again take the pace to recover and improve. As soon as we get close to December, we will start witnessing a rise in the whole market.

Quote from: Vaskiy on August 12, 2018, 04:04:54 PM

The market has opted users the choice of accumulating as much possible, as the price of each and every digital currency has fallen low and some has gone beyond limits which could've never been a expected thing.

When more people are into buying at dips, I guess we would not have experienced the low below $6000 levels. I am expecting the bear trap as market remains calm and high volume which may lead to another bounce back toward $7000 levels and then to previous short term high levels of $8200 also possible if sustaining at current levels persist.

Frances_McGlothlin

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Quote from: tomahawk9 on August 12, 2018, 01:43:40 PM

This isn't a bull trap or bear trap. IMO we are in the accumulation/boring phase before the next big pump in the price before the ETF news begin to pup-up again and hype increases towards the next SEC announcement about the ETF. Hopefully, momentum will catch up so that we can break the 8.5k barrier.

The small spike in the price from yesterday might've been a whale trying to trigger a weekend btc pump, although the bearish trend surrounding the altcoin market is far from over so this might actually be a bull trap.

Quote from: Mikaelxiong on August 12, 2018, 01:06:12 AM

Are we going to Saturn or will cryptos reach only the moon?

Moon in the short-term, Saturn in the long-term Grin

Yeah you're right, it's a noob trap. It's for all of those impatient investors who are trying to turn their savings account into a Ferrari and are getting disappointed because it's not happening as quickly as it did last time. Well guys, any reasonable investment takes a long time to reach acceptable levels of profitability, so let's just hold on tight and be patient. There doesn't necessarily need to be anything exciting happening this month, or even this year, to mean that Bitcoin is finished. It will find its way back up in due time, and hopefully get enough momentum to get past 8.5 so we can see continuing gains.

Vaskiy

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The market has opted users the choice of accumulating as much possible, as the price of each and every digital currency has fallen low and some has gone beyond limits which could've never been a expected thing. Overcoming the panic waves will lead to massive growth profiting long term.

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