it is only because we are still in early days of reversal out of the bear market. and we all know that people tend to get stuck in their old ways until they are forced to change. right now they are stuck in the bear market mentality so they panic sell quite faster than normal which is why we sometimes see big drops.
but as this mentality changes we no longer see those big drops like the 2018 drops that were coming slower while the 2017 RISES were coming much faster because by that time the mentality was the bull mode.
Topic: Bitcoin seems to drop faster than rises (rate of change, obviously not absolute) - page 3. (Read 1026 times)
July 15, 2019, 01:27:30 AM
July 15, 2019, 12:45:41 AM
Its not only bitcoin or crypto markets that crash faster than they rise, its almost all markets especially the stock markets.
Look at the stock market back in 2007-2008 during the recession, it took years for the markets to hit those highs and only took around 1.5 years for all the profits to vanish.
Markets goes up slower than they go down mostly due to fear. Basically when the market is up 5% everybody is happy, when the markets are down 20% or so, people panic and everybody wants to get out at the same time. So there is massive selling pressure that accelerates everyday and everytually there is a recession.
Then it hits a low and the cycle repeats. This is generally how the rich and other institutions make their millions. Off the traders who sell out of fear not to lose money.
Look at the stock market back in 2007-2008 during the recession, it took years for the markets to hit those highs and only took around 1.5 years for all the profits to vanish.
Markets goes up slower than they go down mostly due to fear. Basically when the market is up 5% everybody is happy, when the markets are down 20% or so, people panic and everybody wants to get out at the same time. So there is massive selling pressure that accelerates everyday and everytually there is a recession.
Then it hits a low and the cycle repeats. This is generally how the rich and other institutions make their millions. Off the traders who sell out of fear not to lose money.
July 14, 2019, 04:47:52 PM
Is there a group of large quantity holders out there who had been doing this manipulation. It will be difficult to find it out.
What manipulation? I have seen a lot of people talk about manipulation, yet none of them can articulate what that manipulation exactly is they refer to.
The drops we have seen are pretty common. Most big stack holders that have way lower entry points are waiting for certain levels to be reached so they can sell and get back an amount they feel comfortable with. They tend to wait for higher levels because of the slippage that occurs. They factor in that in order to get x amount, the price has to be 10-20% higher because of how thin the books are.
It's easy for most people here to cash out their positions at exact price levels, but for whales looking to unload thousands of coins it's impossible.
July 14, 2019, 02:14:43 PM
Yes, that is always the feeling and no one doesn't like to see price drop. Still we were in similar situations couple of times recently and by now no one should be surprised. Corrections are part of volatility process.
But we also had pretty sudden and fast pump which very often ends up in corrections that is why I prefere slow and steady rise. But there is no place for panic and selling.
But we also had pretty sudden and fast pump which very often ends up in corrections that is why I prefere slow and steady rise. But there is no place for panic and selling.
July 14, 2019, 01:42:07 PM
You should know buy now.
The reason why it's like that is because of mostly stop losses set by people get triggered when the price even starts to drop slightly.
Once the stop losses are triggered, there will be a massive sell off with in a very short period ... That's why the price drop curves are so step.
The reason why it's like that is because of mostly stop losses set by people get triggered when the price even starts to drop slightly.
Once the stop losses are triggered, there will be a massive sell off with in a very short period ... That's why the price drop curves are so step.
July 14, 2019, 01:32:56 PM
The growth of bitcoin used to happen based on various factors, when it comes to the fall in value it most of the time gets into the usage relative factors, FUD and other forms of regulatory issues that cryptocurrency network experience with time. This at times make the market value of bitcoin drop faster than its level of growth. The same isn't the scenario of bitcoin price moves each and every time, whenever there is some drop in price.
July 14, 2019, 01:20:09 PM
It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.
This isn't true at all. If it has been happen one time we shouldn't compare it will all run. But seems btc much volatility currently. That's why I do not like sudden pump, because it will dump suddenly and new investors will worry. In a result bitcoin would dump more. Slow growth to up trend always welcome to me because it will not dump hardly and it will increase confident if new investors. 
July 12, 2019, 08:08:03 AM
Going up is building. Going down is running. Traditionally you can do that a whole lot faster. People run for the exits. They rarely run for the entrance. Much of the time they're waiting for someone else to set a direction.
Love this.
Didn't even thought about that. But it could be applied.
Well you had been a legendary Sir. I do think you had the experience with this kind of movement even from before.
Somehow I am getting used to it, sadly I ain't trading my Bitcoin but rather using another coin to be traded. I hope I have that strength to give it up that easily to buy and sell for profit. But I don't have that much courage.
My question too. Is there a group of large quantity holders out there who had been doing this manipulation. It will be difficult to find it out.
July 11, 2019, 11:27:50 PM
I see not only Bitcoin is down, almost all coins experience the same thing in this week, I think the price of Bitcoin has got a real position, but in fact it actually dropped free.
But this does not affect investment people in the crypto business.
I will wait for a lower price to buy, if seen from the news now experts are predicting to guess the price of bitcoin which is actually unpredictable. Sure the bitcoin will rise again.
But this does not affect investment people in the crypto business.
I will wait for a lower price to buy, if seen from the news now experts are predicting to guess the price of bitcoin which is actually unpredictable. Sure the bitcoin will rise again.
July 11, 2019, 10:06:18 PM
Every market drops faster then it rises, so far as I can remember thats true of stocks and many types. The biggest reason is probably from hot money or leveraged buys which find a return in a rising price but must sell and repay the borrowed funds if that trend is ever seriously threatened.
We havent come close to a proper sell off, its still within a daily trend of rises lasting months. A proper reset is to lose the positives and then fell till support is found, not really not that so much as adjusted its gradient
We havent come close to a proper sell off, its still within a daily trend of rises lasting months. A proper reset is to lose the positives and then fell till support is found, not really not that so much as adjusted its gradient
July 11, 2019, 06:19:45 PM
It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.
Why is this?
It seems the one predictable thing about BTC.
Why is this?
It seems the one predictable thing about BTC.
People buy too much bitcoin because they have heard some good news, they create high expectations that the price will increase a lot, but if it has any negative news it will be enough for people to panic and sell with losses. I myself at the beginning when I entered the world crypto sold as soon as I heard some bad news, because I entered panic and days later or weeks later I saw the price to recover. It took a long time for me to stop panicking.
To be fair don't know why this happens always, maybe people try to sell as soon as they see rise and everyone follows this action. On another hand I look it positively, a given chance to buy bitcoin and see profit in near future because it always rises, sometimes slowly and sometimes takes a long time but in overall price rises and we see profit.
Let's see what will happen in near future, seems quit interesting whether price will rise and exceed 13K and higher or it will fall again.
July 11, 2019, 05:50:13 PM
It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.
Why is this?
It seems the one predictable thing about BTC.
Why is this?
It seems the one predictable thing about BTC.
I'd attribute this to basic human psychology.
You see this across all markets, whether stock markets, property markets, etc. where the price of the asset may go on a multi-year bullish run, only to be met with some form of flash crash at one point or another. It's not limited to just BTC.
Traders within the market are more prone to panic when they see a sudden trend reversal from bullish to bearish, than the other way around. Especially when you factor in the skepticism that people have at the start of a bull market. i.e., if you follow the bubble graph, it's not until euphoria kicks in when people's fomo and greed outweighs any common sense.
TLDR; Do you panic more when your investment is shrinking, or is your propensity of buying more coins greater when your investment is on the up? Probably the former.
July 11, 2019, 04:49:17 PM
It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.
Why is this?
It seems the one predictable thing about BTC.
Why is this?
It seems the one predictable thing about BTC.
What the literal fuck are you talking about? this is an example that has been repeated several times since bitcoin started: bitcoin went 50x from early 2016 to end of 2017. FIFTY TIMES IN PRICE! Then it sank from $20k to $3k, a measly 6x loss from the top. People like you who have absolutely no idea how to calculate anything make me wonder how you manage to get out of bed each day without falling on your head and dying.
July 11, 2019, 03:52:09 PM
It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.
Why is this?
It seems the one predictable thing about BTC.
Instead of comparing the prices in short term range, just compare the price in long term range. You will see that we are actually in the green zone. It's like the price starts to rise 4x or 5x and then after the drop when compared to previous year prices, we can see that the price is still now up almost twice. Why is this?
It seems the one predictable thing about BTC.
Yeah pattern is predictable and has been repeating since the beginning.
July 11, 2019, 03:29:32 PM
It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.
Why is this?
It seems the one predictable thing about BTC.
Casual stuff to be seen on Bitcoin market.We can see random ranges neither on price increase or drops but mostly this Why is this?
It seems the one predictable thing about BTC.
happens on dropping price.There's no surprise thing though yet this market had been unpredictable since from the beginning.
This is why I do make shorts whenever I do hit up some profit target range.
July 11, 2019, 03:06:14 PM
You ask it as if it's some kind of mystery on why Bitcoin does that in the market. Aren't you aware that Bitcoin since going up back above 10,000$ a lot of people's target price are already set in place for profit taking? In case you haven't figure it out already most cryptocurrencies aren't your normal asset that can go for a steady growth for about for years, most of the time its waves of upwards and downwards movement brought to either the buying and selling of people taking advantage of the market's movement. Even if it is the bear market you will see the same thing, nothing has really change except for it moving on a wider range.
July 11, 2019, 02:19:59 PM
It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.
Why is this?
It seems the one predictable thing about BTC.
It takes bitcoin about two weeks to recover from the last pull down and recover with again around $2800 and yesterday it lose around $2000 in just a day and that means it lose fast and find it hard to grow. The buying above $12000 is weak and something fundamentals need to happen in other for new investors with a huge pocket to enter into the market. Why is this?
It seems the one predictable thing about BTC.
July 11, 2019, 01:38:58 PM
We can take this as advantage to sell and then rebuy, I'm trying this to accumulate more BTC in moments of volatility
Good for you if it works. I prefer to leverage long while momentum is strong and sell into strength instead of waiting for the massive dump to sell. The dumps (like yesterday) often happen so fast that they trap lots of buyers in losing positions. Most of these people will panic hold and end up selling lower rather than taking advantage and rebuying. It's just human nature.
July 11, 2019, 01:19:06 PM
It's always like this, the fall is faster
We can take this as advantage to sell and then rebuy, I'm trying this to accumulate more BTC in moments of volatility
We can take this as advantage to sell and then rebuy, I'm trying this to accumulate more BTC in moments of volatility
July 11, 2019, 01:10:08 PM
It seems to me that while BTC clearly goes up over time, the drops seem much more steep eg x 2 or 3 than the rises almost always.
Why is this?
It seems the one predictable thing about BTC.
Why is this?
It seems the one predictable thing about BTC.
People buy too much bitcoin because they have heard some good news, they create high expectations that the price will increase a lot, but if it has any negative news it will be enough for people to panic and sell with losses. I myself at the beginning when I entered the world crypto sold as soon as I heard some bad news, because I entered panic and days later or weeks later I saw the price to recover. It took a long time for me to stop panicking.
Jump to: