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Topic: Crash recoveries are not moons - page 4. (Read 1857 times)

newbie
Activity: 133
Merit: 0
September 05, 2018, 04:50:09 AM
All predictions and negative news will be drowned in the green of the market. I think that market ups and downs are necessary, which I have always believed!
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 05, 2018, 04:44:31 AM
People trying a find any confirmation that the market will grow. They every day looking a news, sometimes happy, sometimes crying. For beginners, look on attention this people not good idea.
It standard human emotion to be hopeful and hope that the market is going to rise. People have sell orders ready to be executed and they are tired of having them stuck for days and speculating the returns. Patience is important here because the rise of bitcoin price is currently not having any impetus while the FUD keep on growing day by day.

If you look into the reddit channels you will see the idiot shills promoting their shitcoins like their lives depend on it. Maybe they do because they were brainwashed into investing in that coin and now its going nowhere. Even then continue to hold bitcoin because its the one which is going to moon in future and like I always say bitcoin is a long term investment.
full member
Activity: 1232
Merit: 186
September 03, 2018, 12:00:27 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.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
September 02, 2018, 09:50:46 PM
it is better than the price keeps going down and out of control, due to the fact that the cryptocurrency market has lost its value of around 500,000,000 USD.

we should be grateful for all that because there is a price increase.
It loss value from it's all time high and the figure you write is just very small because we are talking of billion dollars here.
The market will go down but it will not collapse because people will still buy once they hear a good news, and when the bull run comes, everything will be back to its ATH and even rise more than that.
newbie
Activity: 210
Merit: 0
September 02, 2018, 02:07:06 AM
it is better than the price keeps going down and out of control, due to the fact that the cryptocurrency market has lost its value of around 500,000,000 USD.

we should be grateful for all that because there is a price increase.
full member
Activity: 406
Merit: 100
September 02, 2018, 12:37:48 AM
People trying a find any confirmation that the market will grow. They every day looking a news, sometimes happy, sometimes crying. For beginners, look on attention this people not good idea.
member
Activity: 322
Merit: 10
September 01, 2018, 12:43:01 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.

You should be always expecting drastic changes because the market is volatile so the prices will be always depending on the supply and demand which reflects into the value of the bitcoins or altcoins.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 01, 2018, 12:06:01 PM
Waiting for moons is not the only one option. Overexciting of people give an opportunity to speculate on day/week price jumps. Everyone think that 2-4% per day isn't huge profit, but in summary it gives real money Smiley
Please dont promote sites like this. What you may like for yourself might be suitable for others. Also people tend to look into short term gains as far as retail investors are concerned and those who tend to panic on losses would just cash out their money once a small gain happened. This is one way of trading, so saying its good or bad because that is a personal choice.

I think the cause why people always thought recoveries price will continue is because they expect and compare between situations last year so they will always be linked recoveries market with the process bitcoin reach the highest price but i have to says with the current market movement i think difficult to repeat it at least for near future
It is possible that last year's price gets repeated but we must also remember that the pump is over estimated this year and there might be premature dump in this enthusiasm.
legendary
Activity: 2884
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
August 31, 2018, 11:17:58 PM
I think the cause why people always thought recoveries price will continue is because they expect and compare between situations last year so they will always be linked recoveries market with the process bitcoin reach the highest price but i have to says with the current market movement i think difficult to repeat it at least for near future
full member
Activity: 462
Merit: 100
August 31, 2018, 09:18:16 AM
These are pretty much people concluding too much or being too overexcited about the increase. It is all about the increases because it is beneficial for them obviously, therefore due to continuous rush in increase they believe it is gonna go to the moon then finally give up in the end once their expectation didn't get the satisfaction. Ignore these traders or somehow you could lecture them to avoid getting too much of their emotion. Emotions aren't all about the regret or depressions, it could also pertain from positivity of one's view in a situation. Somehow it is getting to exaggerated and it is no longer controllable emotion.
I would want to stick with the over excitement part. The thing is that it is normal to see people get a little bit anxious after holding through the dips and once they see some upward movement in the market, they start anticipating for moon-ish behaviors in the market. Things do not work this way and it would take some time to see the market get up pretty fast.
Nevertheless, an uptrend can start from what could be perceived as a correction, but at least, it makes sense to allow it form first before even calling moon.
newbie
Activity: 2
Merit: 0
August 29, 2018, 11:59:56 AM
These are pretty much people concluding too much or being too overexcited about the increase. It is all about the increases because it is beneficial for them obviously, therefore due to continuous rush in increase they believe it is gonna go to the moon then finally give up in the end once their expectation didn't get the satisfaction. Ignore these traders or somehow you could lecture them to avoid getting too much of their emotion. Emotions aren't all about the regret or depressions, it could also pertain from positivity of one's view in a situation. Somehow it is getting to exaggerated and it is no longer controllable emotion.
Waiting for moons is not the only one option. Overexciting of people give an opportunity to speculate on day/week price jumps. Everyone think that 2-4% per day isn't huge profit, but in summary it gives real money Smiley I use https://coinsharbor.com/ to see the increasing of my account.
hero member
Activity: 1148
Merit: 528
August 28, 2018, 03:41:21 AM
I think you're wrong. Crash recoveries are somewhat great and from crash, there goes a big pump. Just like what bitcoin did last time, last December apparently. It's a great recovery right? And bitcoin mooned, no doubt about it.
Pumps do not happen all of a sudden after a crash, we still always get to see some little bit of consolidation, a movement in the upward direction and then possible level of moons. A lot of people always believe that as long as the market starts correcting upward in the short term, the market is set to start a bull run but it never happens this way and they easily get frustrated.

Last December that you referred to was a bull year and a year with an uptrend higher highs and lows), it is the opposite we have this year and I would be very careful not mixing things up.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
August 27, 2018, 04:36:51 AM
Well, I guess it's Moon for traders that make 2%  profits daily .   That would be a hugh profit for a serious investor. Two percent on a million dollars for example is huge profit. There are very few investments that can get you that kind of profits everyday
Who do you think would be putting in 2mil dollars into something as volatile as crypto? Most people dont and exceptionally some big investor might come into the market but probably not at this point. Obviously if they do enter a low price with that much capital they would be booking huge profits when they exit. Keep in mind that when they do exit there would be a huge crash as well.

The market has its own pattern. Whether we like it or not. And it also goes Bearish after being Bullish. It's never easy to run a loss. But from a technical point of view, there is nothing wrong with 1-2% only.
Saying that the market has a mind of its own would not be totally correct. It does depend on what the people are thinking but also it has become much resistant to news and FUD this year.
member
Activity: 171
Merit: 10
August 24, 2018, 10:46:07 AM
The market has its own pattern. Whether we like it or not. And it also goes Bearish after being Bullish. It's never easy to run a loss. But from a technical point of view, there is nothing wrong with 1-2% only.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
August 23, 2018, 01:57:55 AM
Well, I guess it's Moon for traders that make 2%  profits daily .   That would be a hugh profit for a serious investor. Two percent on a million dollars for example is huge profit. There are very few investments that can get you that kind of profits everyday
full member
Activity: 179
Merit: 100
August 22, 2018, 11:27:35 AM
I think you're wrong. Crash recoveries are somewhat great and from crash, there goes a big pump. Just like what bitcoin did last time, last December apparently. It's a great recovery right? And bitcoin mooned, no doubt about it.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 22, 2018, 11:08:13 AM
Yes, that cannot be called recovery, but every positive sign can be the beginning of recovery. We can understand that some of us lose their stars and expect the market to bounce back, but that doesn't matter. Needed to continue to hold the slogan.
We should look that way, in each small steps forward we should be glad that market are bringing light from our investment, we should be thankful and if we are working with daily trade we should not expect for more uptrend but to try gaining from this movements, but those who are working with long term goals it's still way far from the moon that we are expecting, a lots of twist will happen inside this market just prepare yourself and always find your edge to take some gains.
newbie
Activity: 40
Merit: 0
August 22, 2018, 10:16:23 AM
I also think it's not, it's recovering a little and taking the downtrend as the previous times, I'm losing faith in this market.
All market is sliding down know. Big whales pressing on market before good news. Of course, its sad to see your funds falling and loosing price, but I believe in good future. Anyway there are some different sized market manipulations. We can only react.
member
Activity: 363
Merit: 10
August 22, 2018, 10:08:00 AM
I also think it's not, it's recovering a little and taking the downtrend as the previous times, I'm losing faith in this market.
member
Activity: 322
Merit: 12
August 22, 2018, 09:45:50 AM
Yes, that cannot be called recovery, but every positive sign can be the beginning of recovery. We can understand that some of us lose their stars and expect the market to bounce back, but that doesn't matter. Needed to continue to hold the slogan.
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