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Topic: Crash recoveries are not moons (Read 1828 times)

full member
Activity: 420
Merit: 102
November 03, 2018, 02:44:07 AM
We can recover loss 20% or more when the market sideaway or low volatility by doing day trading and take profit each 5% to 10% for every trade. There are no any signal the crypto market will back to bull run and its seems will start late. So we have to do day trading by take smaller profit and use stop loss. In this situation of market possible to make more than 30% amonth, so we have to more focus in day trading.
newbie
Activity: 78
Merit: 0
November 02, 2018, 11:58:44 PM
Yes, I like how they regard it as a good sign. That means they are still optimistic about the cryptocurrancy market but we must remember that many of us will be patient and will win in the end.
For price recovery, time is needed according to market conditions. When the market goes well, prices will rise soon, but when the market response is negative the prices will stagnate or tend to decline. But this is something normal in business, because prices are determined by the mechanism of buying and selling, namely the supply and demand by market participants.
full member
Activity: 1050
Merit: 100
October 14, 2018, 01:44:02 AM
no, of course, the trend is always caught not immediately, but at the time of the trend formation and growth of about 10%. so do not try to catch the trend, it's unrealistic

I've been using trend line as a reference, but news is taken into account. without a trend line I can't determine support or resistance. and this means i still believe in trend to determine attitude
hero member
Activity: 1008
Merit: 500
October 13, 2018, 04:45:41 PM
Yeah, you are right. People are just being crazy to see a pumping price. After 50% crashing, if the crypto market gets a little up, they start making posts that is it the sign of the bull market?  Grin This thing happened several times in every month! The reality is different, The crypto bull market is not too easy, it's like a result of pursuit.
jr. member
Activity: 252
Merit: 1
October 13, 2018, 04:17:06 PM
no, of course, the trend is always caught not immediately, but at the time of the trend formation and growth of about 10%. so do not try to catch the trend, it's unrealistic
full member
Activity: 490
Merit: 100
October 13, 2018, 01:10:17 PM
You are correct about that. We encountered very strong bear candle and yet the bulls cannot overcome or reverse this process in an instant. This is a sign of Strong Bear Movement and Weak Bull recovery.

It is advisable to wait for more days because there is a chance the bitcoin will break the 6,000 price level and reach a new lower low. Im expecting bitcoin to reach 4,000 - 5,000 price before it bounces back again.
That should not happen, we still have strong support at $6K and we should see a bull run starting with the current price.
It will discourage people if the price will even go lower, the market has been at dump for 5 months already, we should see some good signs to make this pump.
I also think like you the current price is too low and not attract many investors. This in my opinion probably needs more time. And our expectations are likely to exceed $ 6,299. And when will this sign of return be better this year?

Vice versa. Many investors now are attracted exactly by the low prices of the cryptocurrencies. They are eager to buy altcoins and Bitcoins when they are rather cheap. They know, it will give them good money soon.
hero member
Activity: 1043
Merit: 500
October 12, 2018, 12:41:37 AM
You are correct about that. We encountered very strong bear candle and yet the bulls cannot overcome or reverse this process in an instant. This is a sign of Strong Bear Movement and Weak Bull recovery.

It is advisable to wait for more days because there is a chance the bitcoin will break the 6,000 price level and reach a new lower low. Im expecting bitcoin to reach 4,000 - 5,000 price before it bounces back again.
That should not happen, we still have strong support at $6K and we should see a bull run starting with the current price.
It will discourage people if the price will even go lower, the market has been at dump for 5 months already, we should see some good signs to make this pump.
I also think like you the current price is too low and not attract many investors. This in my opinion probably needs more time. And our expectations are likely to exceed $ 6,299. And when will this sign of return be better this year?
full member
Activity: 1194
Merit: 126
Think Different
October 12, 2018, 12:18:44 AM
It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

Even though the rate of increase is big or small, for it is still a good thing. It is still better than seeing a multiple crash. The 2% daily recovery is 60% recovery after 30 days. Not bad right ? Things like for example recovery is not always that instant. "Step by Step" . The important thing is that it rising not falling.
member
Activity: 329
Merit: 14
October 11, 2018, 09:38:41 PM
It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

It is to be expected that in these times of uncertainty and hopelessness, people are permanently waiting for any sign, however minimal, to grasp it as a lifeline. The downside of this trend is that people tend to lose market perspective from a broader point of view; if all those who preach that "the market is about to moon again" give themselves the opportunity to observe the historical behavior of bitcoin, they will discover that the big pumps are isolated events that have only happened a few times, so they would think about it twice before trumpeting their overconfidence.
jr. member
Activity: 322
Merit: 2
September 28, 2018, 12:29:56 AM
Yes, I like how they regard it as a good sign. That means they are still optimistic about the cryptocurrancy market but we must remember that many of us will be patient and will win in the end.
member
Activity: 270
Merit: 10
September 27, 2018, 07:49:30 PM
Now we have 20% rise back in market. Alts are finally stop bleeding and actually are green for days. Its not moon but we are at least back on the course to it!
hero member
Activity: 2786
Merit: 606
September 12, 2018, 08:52:52 AM
think more calmly, when whale tries to push the market to fall, what exactly do they want? of course they want to buy lots of coins they are looking for, the rest they will definitely make the market rise because they also need to sell, that's when we will also sell.

Actually, I prefer to follow the market rules. When I see that the cryptos are down, I continue to hold the altcoins and Bitcoins. When the cryptos are going to the Moon, I sell them.
This is more like you buying when everyone is selling and then selling when everyone is buying. It is a simple trick that works most of the time when it comes to buying the FUD and selling the FOMO. Market will always have a change in trend, no matter what and as much as it goes up, it will definitely get stretched to a point that reversal will be necessary.

If people do not understand this by now, they will keep fuelling themselves with reasons to be getting worried unnecessarily and calling moon even when the market is just trying to go through an upward correction.
member
Activity: 294
Merit: 10
September 11, 2018, 06:41:35 PM
It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

The market is based on supply and demand so obviously you will not determine if the market is going to pump up just like what happen before and you really need to be patient to earn profit.
jr. member
Activity: 206
Merit: 2
September 11, 2018, 06:30:48 PM
You share my view too. Where I once thought to be the "dip" has gone further to be "dipper" and before I could say jack, it's now "dippest". Coins have been exhibiting abnormal behaviour this day and only a full recovery that is major pump can revive lost hope.
newbie
Activity: 252
Merit: 0
September 11, 2018, 05:45:21 PM
It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.
Do not be too confident in the news that is not necessarily the truth, and I think this recovery does not mean that it will become a bull market, this is still in price manipulation and the decline is happening again, so I think just enjoy it while in a market like this and keep waiting because now there are still no signs of price to go to the moon
full member
Activity: 378
Merit: 100
I LOVE ADABS
September 11, 2018, 05:40:21 PM
It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

The market can recover depending on the demand and we cannot do anything to make it grow faster so be patient on waiting for the price to pump up again.
full member
Activity: 1316
Merit: 126
September 11, 2018, 05:09:05 PM
It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.
It's really disappointing to us but it doesn't lift my trust and confidence in crypto market.  May we could huge dumps today but sure it will rich again and make rewards to those people that are perfectly keeping on waiting.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
September 11, 2018, 02:44:49 PM
It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

Definitely. A 2% increase in value can't and would never equate to a 20% crash of prices. It's just that people get excited when it seems like there's a U-turn. The market is very critical now so a touch of green lightens up emotions a bit. If I remember correctly, Bitcoin did cross $8K mark in the last 3 months. Another thing is, If the value goes up like 2% daily for a couple of days, It'll make a huge difference.


sr. member
Activity: 1918
Merit: 442
Eloncoin.org - Mars, here we come!
September 11, 2018, 02:00:14 PM
It's a big YES for me that crash recoveries are not going to the moon. We haven't even crossed the $8000 mark yet for quite some time. Though lately, it started to move slowly from $6K+ to $7300 then it stops there and after a few days it drops down again to $6300. So I don't think a bull run can be experienced this year.
Indeed, I also think the same, I also agree that crash recoveries are not going to the moon, since it can only reach $7,000 then fall like an elevator. It's a bit hard to predict when will the bull run start, I still believe that the price will rise, but I don't think that it will be the same as what happened back in 2017.
jr. member
Activity: 294
Merit: 8
The Premier Digital Asset Management Ecosystem
September 11, 2018, 10:34:36 AM
Many predicted that the past 2017 will repeat and by the end of 2018 the price of coins will go to the moon, but I do not believe that this recovery is the same in 2017 but a slight recovery.
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