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.
bitcoin and crypto market has not recovered this year. Prices fell steadily and only rebounded 1-2% in a few days and then prices continued to fall further.
Topic: Crash recoveries are not moons - page 9. (Read 1894 times)
If it isn't then why did bitcoin reached 20k us dollars? I mean, it suffered a lot of crashes and look at it. It's still standing still for investment and more people to trust this coin.
Yup it always crashes its part of the nature of bitcoin and after the crash a slow redemption happens then go for a boost from the hype after the all time low and bounced back for a higher point. After a big crash it always goes over the last highest value then continues to dominate then crash again, its a cycle that cannot be broken from cryptocurrencies.
If it isn't then why did bitcoin reached 20k us dollars? I mean, it suffered a lot of crashes and look at it. It's still standing still for investment and more people to trust this coin.
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.
Actually the price is now recovering.Now the price of bitcoin again raised to 6138$,so it's seems good.May be by in few days the price will get back to new maximum price.When the price is recovered to old value,we can expect the new moon.Some may think it will not occur.But the price will reach new moon soon.
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 fine. It's your own assumption after all.
But didn't you know that a small increase of recovery coming from a crash is a good indicator that it battling the established bottom? Meaning we can see the support around that price level therefore we can make up some adjustments on our strategy. 1% 2% etc. whatever it is, someone is buying around the price level.
Because that kind of price movement is usual then it's obvious that you will see statement like that. If you will not adjust then your irritation will continues....
And why are you annoyed? Is the growth of 1 or 2% is not good news for crypto currency? Be positive.
I am not satisfied the current market situation because there is no nice argued decision to buy BTC as well as there is no the similar decision to sell. I hate such a state of market because it is possible to mae many mistakes whne market is in a stagnation.
What anybody think about the future of BTC?
What anybody think about the future of BTC?
Sorry but the market couldn't be more predictable at the moment. There is still down pressure. We are in huge falling wedge. Which in general is a bullish pattern.
But before a breakout of that pattern happens, I think we will continue going down. So now Bitcoin is cheap. Therefore the smart people are buying, accumulating.
Only unexperienced retail investors and newb traders are selling here. Ladder your buys! Every time price goes down a bit, you buy!
The bigger the red candles, the more I am happy to buy. Because in 1-2 years this will pay off big!! Buy when others are fearful!
If you wanna be a successful trader and investor, then that is what you have to learn!
What was missing in the last week. If the two to three percent recovery percentage will be sustainable then we are on our way to recovery. Let's see what will happen in the coming days. This is a sign of Bear Bear's Movement and Bull's Weak recovery. It is advisable to wait for more days because there is a possibility Bitcoin will break the seven thousand price level instead.
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.
we cannot,prevent people glorify or apprreciate if theres somethings,good happen in price pump in blockchain market,because this is a diversinary strategy,in order recover those loosing time of your crypto investment,so therefore in order to maintain the positive good vibes and luck in earning a good crypto profits you must boost yourself in order to continue the good karma and saying thats this recovery now is a good sign,and this will gives hopes to those who are weaklings into there faith in cryptocurrency.
I am not satisfied the current market situation because there is no nice argued decision to buy BTC as well as there is no the similar decision to sell.
The market does not exist to make you feel "satisfied". If you dont like trading simply stay away from it and dont bother buying or selling. In fact that is the best thing to do at the moment. Hold the coins till the bear run completes and bullish wave starts. Then you can think of selling or crying because you did not buy more at the bear run.Quote
I hate such a state of market because it is possible to mae many mistakes whne market is in a stagnation.
That is the fault of a naive trader. Others should be happy of the mistakes by the naive population.Quote
What anybody think about the future of BTC?
BTC is the future of the world economy. 
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.
Surely they are not. After the fall of crypto from all the ATH's in December the current prices rises (if any) are just tiny fraction of whole thing and may not mean anything to the recovery process. This market now needs jump start of 50% or more then only we can say that they are in bull run and will be up for something then onwards. However currently they are not in the position and market is not really recovering at this point but it is getting hampered and loss is getting followed every where. Bull run is said to be at 15% up movement , but we are so much grounded right now that even 50% looks far from bull run.
I am not satisfied the current market situation because there is no nice argued decision to buy BTC as well as there is no the similar decision to sell. I hate such a state of market because it is possible to mae many mistakes whne market is in a stagnation.
What anybody think about the future of BTC?
What anybody think about the future of BTC?
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.
Indeed, we must stay on the fo while the price was showing minimal recovery and possibly it was just some part of the crypto corrections in parallel with bitcoin value. The perceptions on the price value was a great signs when it could blew up our minds upon noticing the price pump successively in the next few days. However we should take this opportunity right as we buy new coins to hold, do it now while the value was still cheap in the exchange markets.
1% - 2% recovery that a lot of people are mentioning is nothing far from the bears showing us they are still in control and until then, the market is still in a downtrend until further notice, and the only thing we have is just to wait, chill and see where the trend leads us.
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.
actually holders nowadays trying to comfort all investors who still holding on this circumstances..to prevent constantly panic selling, which is they prefer to spread positive new instead doing opposite that can't help market recovery.
Of course corrections are not moons.
Btw, I have a good backgroud in forex trading, but it seems that in crypto usual technical analysis tools don't work.
BTC is still too sensible to speculations, and if you don't have "insider information" you just gamble.
Btw, I have a good backgroud in forex trading, but it seems that in crypto usual technical analysis tools don't work.
BTC is still too sensible to speculations, and if you don't have "insider information" you just gamble.
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.
Surely they are not. After the fall of crypto from all the ATH's in December the current prices rises (if any) are just tiny fraction of whole thing and may not mean anything to the recovery process. This market now needs jump start of 50% or more then only we can say that they are in bull run and will be up for something then onwards. However currently they are not in the position and market is not really recovering at this point but it is getting hampered and loss is getting followed every where. Bull run is said to be at 15% up movement , but we are so much grounded right now that even 50% looks far from bull run.
Still, the percentage of Bitcoin's dominance in the market does not decrease, but it grows, so investors buy up Bitcoin, in the hope of growth and will soon raise the stakes to fix profits.
Those market metrics of coinmarketcap are not necessarily correct. Still it can be assumed that every time the net capitalization of bitcoin decreases, investors are pulling out money and then whales may charge it and pump it up to a 5-figure amount. They are not the point of interest for small cap traders.To some they are, probably because when they entered the trading world they bought the coins at a certain amount and when it increases like a minimum percentage they would think it is mooning. You can’t seriously blame them for thinking that, just educate them if you know better instead of saying things they maybe barely able to understand.
OP is not talking about such things. What OP means is that small increments should not be considered as btc to the moon.New people watching the market will get elated at every small rise of price - if they dont watch the prior market scenario.
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.
There is no problem if it slowly recover 1 or 2 percent daily as gradual movement of coins is much better than quick pump movement. but it seems it is not currently happening in the market selling volume outnumbered the buying volume which may still sign of bearish market.
To some they are, probably because when they entered the trading world they bought the coins at a certain amount and when it increases like a minimum percentage they would think it is mooning. You can’t seriously blame them for thinking that, just educate them if you know better instead of saying things they maybe barely able to understand.
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 hard to define anything at this point. Each cycle is required to develop any coin that grows, degrades, and balances. Bitcoin has a good sign that it still holds the balance at 6k. That's what I see, that might be a positive sound for now. The moon will come but may not be this year. 
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