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Topic: Crash recoveries are not moons - page 3. (Read 1887 times)

legendary
Activity: 2100
Merit: 1058
September 08, 2018, 03:11:45 PM
There are really no crashes recently, these are just price movements that are reasonable , I mean $20k to $6k was a crash, $7k to $6k is just fluctuations.

If you think going %10 is not moon than you are right but no one is talking about how we mooned when it goes up 10% in price, they talk about how we are on the path to moon which is true because in the end one day the price will go from $6k to $7k but than move past that and reach insane levels, it can't reach to anything above without first hitting $7k, which means people are considering "its time" every single time it happens.

They are wrong so far but one day they will eventually be right.
member
Activity: 602
Merit: 10
September 08, 2018, 03:05:05 PM
Yes, this means that there will be a change in the recovery after the market falls, so this is a good sign that it will increase periodically, hopefully it will continue to increase and continue to grow, and this will be a good start for the market price.
I think that with the help of the current state of the crypto-currency market, many users will cease to be cosmonauts. The fact is that in recent times, predictions and expectations on lots for the moon of all prices for crypto-currency were very often sounded. But I had to cool my desires and dreams.
member
Activity: 308
Merit: 10
September 08, 2018, 01:04:26 PM
Yes, this means that there will be a change in the recovery after the market falls, so this is a good sign that it will increase periodically, hopefully it will continue to increase and continue to grow, and this will be a good start for the market price.
member
Activity: 350
Merit: 10
September 08, 2018, 12:45:18 PM
After a 20% fall, a series of 1% gain is a good sign for the market. The more stable the price is the better is its recovery. Sharp turns are only sign of a very volatile market, and this is a distinct characteristics of cryptocurrency.
if we now look at the indicators of a coinmarket, then it seems to me that there are no circumstances to assess positively the state of the market today. - 3,5% drop in the etherium,
hero member
Activity: 1666
Merit: 629
September 08, 2018, 08:59:58 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.

This is certainly true, but I would like to remind you that for those investors who have invested in bottom-line, these rises may also be considered as a new peak. Of course, in general terms, and throughout the entire history, if you need to examine the rise of the present day is not much benefit, and every rise is only one price regulation is not to forget. Nevertheless, as I have pointed out in the previous passage, if I approach it individually, these correction or peak points will differ completely from the user to the user. But there is also a fact that when every ascension period comes, people are making bullshit analysis charts showing the new peak points at the end of the bull period. Unfortunately, we can see the most well-known types we have encountered everywhere in this sector.
full member
Activity: 381
Merit: 101
September 08, 2018, 08:45:30 AM
After a 20% fall, a series of 1% gain is a good sign for the market. The more stable the price is the better is its recovery. Sharp turns are only sign of a very volatile market, and this is a distinct characteristics of cryptocurrency.
jr. member
Activity: 80
Merit: 2
September 08, 2018, 07:48:51 AM
It's not.
So you mean that 1% - 2% of recovery are worthless? Just to be clear, even how small the recoveries are, it was still an improvement after all and you cannot discount it. I think you're just become exaggerated to that one Grin.

Nonetheless, I do agree with your title. Small ups cannot be considered a major sign of a "skyrocket". Crypto is naturally volatile, remember? Meaning, it's normal to experience ups and downs in this field everyday. All of us should get used to it and treat this kind of situations as "nothing special".

But then again, there's also nothing wrong if you will get a little bit hype and be hopeful every time it happens because that's a natural response of an investor. Just always keep in mind, remain calm and expect less because the more you expect the more it hurts.
Grin It is not like it is still not something tangible but we also have to understand that the way people always shot the moons and stars once they start seeing just some little movement in price can actually be a little bit funny.

It might even be a bit higher than 1% but one way or the other, the same way we have corrections when market is in an uptrend, is also the same way we always tend to have corrections when market is in a downtrend which most people are always so optimistic with the moon calling thing.
member
Activity: 266
Merit: 10
September 08, 2018, 01:48:58 AM
This time everyone is looking for good signs to keep belief in cryptocurrencies, but in my opinion, this time market is without any direction or signs, it is just waiting for a new trend.
newbie
Activity: 191
Merit: 0
September 07, 2018, 07:50:34 AM
At present no coin can go to the moon while the market is falling sharply today, but if we expect and hold for a long time then there will be a possibility that the market will soar. Last year
sr. member
Activity: 882
Merit: 297
September 07, 2018, 05:51:47 AM
Right now the market is in bearish mode so price drop will be in high percentage compared to price rising, so 1 or 2% rise in market means you should be prepared for the next 5 to 10% drop in price.
full member
Activity: 1162
Merit: 101
September 07, 2018, 05:47:33 AM
Yes, 1-2% is good enough to restore the market, first of all you need to count on long-term or at least medium-term periods.
member
Activity: 392
Merit: 10
Fast, Smart, Trustworthy
September 07, 2018, 03:20:37 AM
Every price drop this year is very fast, and the duration is very long, but each time the rise is always very slow, and the magnitude is very small, which makes me feel depressed!
full member
Activity: 588
Merit: 101
September 07, 2018, 02:50:28 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.
newbie
Activity: 112
Merit: 0
September 06, 2018, 08:34:41 AM
Yes right. We do not know exactly what are the reasons behind this changeable market price. Everybody is expecting a price increase for a long time now but when it started to go up, all of a sudden the market price starts to drop again and this makes us more frustrating. This is correct that crash recoveries are not going to the moon.
sr. member
Activity: 882
Merit: 251
September 06, 2018, 07:33:13 AM
It depends when you bought in. Sure, if you bought Bitcoin at $19,000 and then you see it increase from $6500 to $7500 in a week that is just a small recovery to you. However, for those (lucky bastards) who bought in at $6500, then saw their investment gain $1000 so easily, then I would definitely consider that a spike (but certainly not a moon still).

Oh yes, while we are discussing now the situation around Bitcoin and the altcoins which are in top-20, some of the investors, who chose the penny alts are counting their great returns. Everything depends on the picked crypto as well.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
September 05, 2018, 09:10:59 AM
I think that the problem is that people expect too much of trading and market in general.
Of course, if you are playing with big amounts than you want big profit too but there are many who are not big and professional traders so they are satisfied with smaller earnings too. Not everyone has the same profit apetite and smaller earnings don't have to be considered as a failure.
Not everyone is aiming to the moon and stars, some traders have more realistic goals and are going slowly to them.
newbie
Activity: 140
Merit: 0
September 05, 2018, 09:05:38 AM
Currently I am actively buying into and selling out to get profit, I am not in expectation of this market will grow sharply until the moon. I'm just focusing on the profits I'm earning.
sr. member
Activity: 1008
Merit: 297
Grow with community
September 05, 2018, 08:56:03 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.

Get used to it

Whales are already part of market trades

Learning how to play with them will also earn some decent profits, will also Rekt you when off guard

for scalpers, just play it safe buddies, cutloss is a must
newbie
Activity: 103
Merit: 0
September 05, 2018, 04:54:33 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.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
September 05, 2018, 04:51:28 AM
It depends when you bought in. Sure, if you bought Bitcoin at $19,000 and then you see it increase from $6500 to $7500 in a week that is just a small recovery to you. However, for those (lucky bastards) who bought in at $6500, then saw their investment gain $1000 so easily, then I would definitely consider that a spike (but certainly not a moon still).
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