Crash recoveries are not moons - page 11.

ss890

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Thats a pretty good judgment about the people and their predictions. Its true as people think that it is perfect when there is some green signal coming along the way. They think they have already found the great investment and now they will see perfect bull run next door!
I guess its their impatient nature which makes them think like that. They forget that we already have had biggest dump ever and until the time we dont reach exact initial value then we never reach the break even point! That should be known by everyone for sure.

gantez

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We can't say crash recovery are not moon because most times, such recovery would see market make much gain to turn the market into bullish. I remember last year before bitcoin hit its highest, price recovered from $12,000 after dropping to $10,000 before climbing to $15,000 until it got to $20,000.

Dart18

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

C'mon don't leave us hanging with just that.
Why not explain why it is not a good sign. For most of the comments here they are against you and I am also on their side.
A green color will always be a good sign. Also, it is a good sign that people are being positive with the crypto market and not losing hope. Am I right? Why irritated with that kind of manner of people?

fiulpro

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Crash recoveries are not moons for sure but they are something that's very essential you know without those recoveries they won't be able too hit the moon in the first place , therefore recovery's something that's a big deal you know.
We cannot always think of suddenly it exploding and getting big and we making big profits. It happens step by step and that's the first step and something very essential, so I think it may not be the moon but it's as important as that.

hasmukh_rawal

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Agree with you on this mate. I have seen so many people saying that there is a spike in the market which is actually not a spike but just a recovery.
For example, the recent Bitthumb hack due to which the market went in decline a bit was recovering and then I saw a post where the OP was saying that the spike will lead to new ATH . This is just ridiculous. I think people should start seeing the history before they consider it as a spike.

liuqi

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Crashes are suddenly happened in market but recovery is slowly comes in the market because sudden pump is highly risk in the future pump. So 1 to 2 percent is more than enough to recover the Crypto market and many peoples are expecting some gradual hype is comes in the future.

speem28

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Quote from: davis196 on June 21, 2018, 01:42:42 AM

Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Why not?1 or 2% recoveries of the market prices are a good sign,if they are consistent and continue for 2-3 weeks.The problem is that I don`t see such consistency.The markets will continue to stagnate and there won`t be any steady bullish trend this year.The patient HODLers will be rewarded for their patience,anyone ,who is waiting for fast profits will lose in the end.

Well, what mostly happen is that, after a 1-2% price recovery holders will consider it as a good sign and they will feel a sense of relief thinking that, that would be a good chance for them now and after a while, market turns red again and declines lower than the previous fall. This event triggers emotional instability for most holders resulting for them to spread negative news about the project or FUD.

Shenzou

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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 a good sign, it is a step toward the right direction and no one said that it was a full recovery, you know what is really irritating is hearing all this negative thoughts being spreed on the forum, trying to bring people down, it is good to be positive and hope for the best, because letting negativity control your ideas about the market than you will definitely make some mistakes.

kotajikikox

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

I know you kno and all people working in trading are knows what will happen in the world of cryptocurrency trade, control ypur emotion and b pe patient 1% to 2% daily recoveries are good sign to become price rate of altcoins including the king bitcoin goes huge the price in the coinmarketcap in the right time may this coming august to September price going to the moon and the trading stable into good conditions.

feehannah

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Why no?!..Even a 1% daily recoveries it will be a stepping stone to go to the moon. Avoid to become a irritated person,while you are here in crypto world,it is not good for you. Just focus to your activities in crypto and gather more good ideas to become successful someday.good luck to you my friend!

dothebeats

legendary

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1 or 2% +ve changes shouldn't be called recoveries and not be celebrated at all, except if it's a continuous rise over the course of a few months/weeks. Just a quick look at the charts say that there are no recoveries happening along the way, seeing that the bearish sentiment over the market is still strong and selling pressures are still present. The market is going sideways and one big sell order could change the course of the next few weeks. Right now, we haven't been into sub-$6k despite the continuous selling pressure the market has seen for the past few weeks so it's still good in my book.

Tapyaks72

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Quote from: cydrix on June 21, 2018, 08:10:06 AM

Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Yeah it can still recover only if they have a reliable team to operate so many things efficiently. It depends on the operating team how they work on their coin. A coin will not introduce itself so yeah it's common sense to rely on an effective team in command.

The team is really important to the development of ICO’s, that will provide good creating strategies in selling ICO's
and creating the functional products that would convince investors.

Caladonian

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Oh well, we do have our own interpretations for me this slow pace movement can be a good sign that there's still people that holding the price to avoid the big collapse, from the eyes of believers small traction of gain can move new investors to play and ride on, if you are irritated better to keep off while the market is unstable, go back when you already seen the bull runs again.

cydrix

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Yeah it can still recover only if they have a reliable team to operate so many things efficiently. It depends on the operating team how they work on their coin. A coin will not introduce itself so yeah it's common sense to rely on an effective team in command.

gabmen

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Quote from: davis196 on June 21, 2018, 01:42:42 AM

Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Why not?1 or 2% recoveries of the market prices are a good sign,if they are consistent and continue for 2-3 weeks.The problem is that I don`t see such consistency.The markets will continue to stagnate and there won`t be any steady bullish trend this year.The patient HODLers will be rewarded for their patience,anyone ,who is waiting for fast profits will lose in the end.

Good sign for the market recovery? Yes. Mooning? Definitely not. A good example of mooning is what happened last december and that's way different from a few percentage recovery. Though we can't complain now for these small recoveries since the market is been battered this year by the bears.

Pursuer

legendary

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Where is my ring of blades...

the topics here and mostly in the altcoin board are made for hyping purposes nothing more. and most of the times they are always created by some bag holder who has been tightly holding on to some altcoin that has been constantly losing value so now that the price has turned green a tiny bit they think they can hype it up by a simple comment enough so that they can dump and get rid of it.

the fact is all of them will panic sell soon when the dumps start again and they lose another chunk of their money.

tomahawk9

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Cats on Mars

Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Some people are just trying to spread a positive sentiment rather than a pessimistic point of view. Daily recoveries, no matter how small they are, are always welcomed in a market surrounded by a bearish sentiment. Sure, they won't trigger a bull market nor the price is gonna moon, but they can help shift the overall sentiment little by little. Also, the majority of people likes to see green candles, and given how this is a market driven by emotion, these positive numbers could help stop any further dumps from panic sellers/weak hands as they begin to see small recoveries.

kevoh

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Quote from: blink20 on June 21, 2018, 01:46:14 AM

recovery is still a recovery no matter how low it was. Because right now we got red market. Be considerate and hodl.

No one is in doubt of what a recovery is! What the OP is clearly stating that crash recoveries are not moon! You do understand what the term ''Moon'' is? For the sake of clarity, ''Moon or to the Moon'' is just an extreme spike in a cryptocurrency price. Bitcoin falling from $8000 to $6300 and then later pushes back to $6700 is not mooning! It is basically recovery!

Script3d

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Quote from: adzino on June 21, 2018, 05:57:42 AM

Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

20% fall after a 200% abnormal rise is not considered as a crash. We are still considered to be green/up. Those fall might be considered as price "correction". Steady rise of price after a correction is not actually a recovery of a price rather increase of its actual value. And why do you think those 1% and 2% daily recovery is not good for the market?

only to those people who bought at lower price is still up those people who bought at 20k are dead right now. maybe he thinks 10% increase everyday is the good one for the market. i dont know why people getting worried about 20% lose in a single day we should start worry if its happening everyday.

Malaya

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Quote from: OriginTrain on June 20, 2018, 11:12:14 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.

Yeah, correct. It's not always moon but somehow, it also doesnt mean it's forever dump. We can see that the market is recovering bit by bit. It's part of the crypto world, pump and dump. It needs a lot of patience to gain profit. You must earn it. If you don't have patience and trust that it recover, then you will definitely lose.

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