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Topic: Elevator down and stairs up for BTC? - page 4. (Read 2192 times)

full member
Activity: 658
Merit: 100
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July 16, 2018, 06:21:53 AM
Bitcoin has grown so fast for a long time, and it's like a bubble, so it floats when it's too high. Now the market is adjusting itself to reasonably rebalancing the values so do not worry. Let's wait for Bitcoin's bull run and the last few months of the year.
member
Activity: 182
Merit: 16
July 16, 2018, 06:14:37 AM
I think it's quite logical that the price goes down. At the moment the holiday season is underway, people are trying to relax somewhere. Therefore, the price went down. And since the beginning of December, I think the price will go up abruptly)
full member
Activity: 327
Merit: 100
Open and Transparent Science Powered By Blockchain
July 16, 2018, 06:07:58 AM
It is so good to look from the future when you have already lived all the ups and downs, but you need to understand how to operate in the current recent times, when bitcoin is also falling.
newbie
Activity: 38
Merit: 0
July 14, 2018, 09:39:57 AM
The volatility in bitcoin make it very tough for us to correctly analyse it future boom due to the fact we cannot clearly understand what's going to happen subsequent and the handiest thing we are able to do is to help bitcoin gain greater popularity in different to boom it needs and at the stop see a charge upward push.
jr. member
Activity: 151
Merit: 2
July 13, 2018, 03:42:55 AM
This is exactly what is happening now because bitcoin do take 80%  down  and 20% up and that is sign that the bearish market is really and the buying power is seriously down.  Many are ready to sell below the current price and that is were the really problems is.
This isn’t new thing. Bitcoin is always like this and it will continue to be like it. There always have been pumps and dumps. So don’t just worry bitcoin always handle such dumps very well? Whenever prices started losing their extreme top, people start panicking and they sell their coins at such place where they find huge losses but somehow their trust on bitcoin start leaking.
newbie
Activity: 182
Merit: 0
July 13, 2018, 01:16:57 AM
The market is always like that sometimes it might fall or up the prices, it depends how the people respond about it. its better to rise than rise as fast elevator then after that it will downfall like a fallen stone.



I think As a long-term investor on blockchain technology, I prefer to see organic growth much slower than "elevators" every day. I hope you find this information helpful!
As an investor, you should always go up the stairs. You need to understand that the "Elevator" loss goes down to BTC just because of the insane cash inflow to bitcoin during the period in which we have like 3 different forks and you see BTC jump from 8k to 22k. The jump is so fast that there is no real basis for the crazy stream that makes it so easy to fall hard. When it takes slower to climb and with a much lower percentage of profits it will have the same lower percentage decrease on the way down.
sr. member
Activity: 344
Merit: 250
July 12, 2018, 11:39:45 PM
That's a really great analogy. I think it's going to be a roller coaster up and down in the coming year.
full member
Activity: 392
Merit: 103
July 12, 2018, 10:45:43 PM
Yeah your right bitcoin pump slow just like a stair but when its dump its like a elevetor from top to bottom. I also love december because of christmas and all currenct is pumping on that day
sr. member
Activity: 368
Merit: 250
July 12, 2018, 10:28:32 PM
I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?
We should accept the fact that there is no constant in this world. Changes occur in everything and everytime. Maybe, we see bitcoin as a good earning last days but it will change tomorrow. Bear cycle affects much of investors, from ICO investment up to the price of cryptocurrency. But again, it will not become constant because bull run period will come. Let us just wait and cherish the moment of a bear cycle period. Just buy and hold!
full member
Activity: 502
Merit: 100
July 12, 2018, 10:28:14 PM
I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?

Its normal for the prices today to fluctuate because not every people can handle their patience on crypto, some of the traders are just investing on the market because of hype and not because they are well knowledgeable.

many people invest in crypto because they see that the price are so high and getting disapointed when the price decrease very fast,  but the truth is we need to have a knowledge for what we may enter because crypto is not just simple thing, we need to study it very well so we avoid lost our money.
sr. member
Activity: 686
Merit: 250
July 12, 2018, 09:47:36 PM
Anyone that has been here for some time already knew what was happening, it was impossible to maintain the price of 20k for each coin, the price needed to go down and it did but a big problem is that after the crash people do not trust the price is going to recover because they are nervous the price will keep crashing, but even if you knew what was going to happen it was very difficult to sell when we saw the price climbing upwards every day.

The price is faster going down than it is going up and due to parabolic rise of bitcoin last December which is not sustainable because many people would later on take profits, it would obviously fall but then some would still hold on to their coins hoping for a climb up. If you are in it for the long term then it is just okay to hold on and maybe if you have more funds then you can average down but if you are just hoping for quick profits and bought near all time high then the downtrend is a pain then. One should have cut loss early.
I am here for the long term so for me it was not an option to sell my bitcoin even at those high prices, at least I still have profits unlike many people that invested in the last months, but the reason I did not sold my bitcoin despite the attractive prices is that I am aiming for an higher price and I'm not selling until that day comes some may say that I'm too stubborn but I have a plan and I'm going to follow it.
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
July 12, 2018, 08:13:33 AM
I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?

Its normal for the prices today to fluctuate because not every people can handle their patience on crypto, some of the traders are just investing on the market because of hype and not because they are well knowledgeable.
full member
Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
July 12, 2018, 07:59:59 AM
I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?

The market is volatile because it was depending to supply and demand as well as different news and speculations coming from professional traders which is actually affecting different traders in the market.
legendary
Activity: 3542
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
July 12, 2018, 07:42:51 AM
I think we need to build a strong foundation of knowledge and proper attitude to be guided and be more productive. We have to keep oursleves ready that risks are part of the game and what's important is that we learn from every experience. Bitcoin has ups and downs, but I believe it can still potentially get back on track.
Right, as this is what is going to end up guiding a lot of people as to how they should perceive the market most of the time. When the market is moving up, a lot of people get greedy, dive into FOMO and expect to get rich overnight and when it is going down, they complain and rather than taking the advantage of buying lower for the long term, they condemn bitcoin and even say it is dead. It is just funny people do not learn and the fact that a lot of people concentrate more on the short term of getting rich quick than the long term value btc creates, it blurs their perspective to make good decisions.
hero member
Activity: 2506
Merit: 582
"CoinPoker.com"
July 11, 2018, 06:39:51 AM
The market is different every day. So nobody can tell you the truth about the price on the next day. You must believe in the stairs up for BTC and work with it every day. Waiting and holding for the best price is a good strategy. I think that 2019 will be a good year for the crypto.
People are even optimistic about the current year as well. Look at the recovery in the last few days. We have had a recovery of more than $700 in the market values. This shows that Bitcoin will not fall below $6000 and would rather rise.

So yes holding the coins right now can enable you to claim a rise in the marginal profit of your coins till the start of December and may be soon before that. The market is highly unpredictable.
full member
Activity: 327
Merit: 100
Open and Transparent Science Powered By Blockchain
July 11, 2018, 06:34:47 AM
Down like elevator and rising up stairs Smiley I like this comparison. This is what the bitcoin diagram is Smiley
 some people ask ""is it too late"" so this diagram an opportunity for beginners. But always be careful firstly try with little money

The nice mind of the real situation. I agree with use it if you want to invest you need to start only about $100. It is not big money and you can start crypto in all.
full member
Activity: 686
Merit: 108
July 07, 2018, 11:35:25 AM
The market is different every day. So nobody can tell you the truth about the price on the next day. You must believe in the stairs up for BTC and work with it every day. Waiting and holding for the best price is a good strategy. I think that 2019 will be a good year for the crypto.
I would rather take the stairs going up than to take elevator and dump so fast. This market moves slowly and hopefully its surely, don't rush it Just buy more bitcoin as we take the stairs going up soon we will reach the top again and of course bear market will still happen.
member
Activity: 616
Merit: 11
July 07, 2018, 11:29:08 AM
I have to disagree with the OP, during the last bull run it took less than a month for bitcoin to double up from $10k to 20k. Equally it got dumped at the same speed so ele up and ele down. Now it's the staircase up so we need to be patient
full member
Activity: 518
Merit: 100
July 07, 2018, 09:42:27 AM
Price of bitcoin is volatile it goes down then up and we can't predict what will happen next so it's better to hold your coins and believe that in the future Bitcoin will recover and rise again.
sr. member
Activity: 1512
Merit: 316
July 07, 2018, 06:47:29 AM
The market is always like that sometimes it might fall or up the prices, it depends how the people respond about it. its better to rise than rise as fast elevator then after that it will downfall like a fallen stone.

It is not only btc but also stock market behaves in this fashion that fall is quickly and rise takes time. The fall is more bad because we have so many panic sellers who do not want to sell but due to pressure or seeing others are selling they also start selling which result in the more fall.
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