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Topic: FUDs be damned - BTC moving up again (Read 367 times)

sr. member
Activity: 1414
Merit: 326
March 06, 2021, 02:21:59 AM
#52
Every trader works with trust because they both know that there is a possibility of profit after loss. Even if the price of BTC goes down, it does not cheat even if it takes time and it starts going up again this time BTC will really shake the market and its correction will increase the amount of profit in the market. Bitcoin investments are much less likely to be fraudulent will have to wait patiently until prices rise.
legendary
Activity: 2576
Merit: 1043
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March 07, 2021, 09:43:44 AM
#51
I see March as the month where Bitcoin will be making some short term corrections but looks like I'm wrong.. AGAIN Cheesy.

Since the start of March, we saw Bitcoin went up from its previous support of ~$45,000 and looks like it is breaking the $50,000 price again. The stimulus package news has impacted Bitcoin so much that it went up $3000 higher than its yesterday price. FUDs?? What are they?? TBH, I'm not affected with those FUDs spreading in the internet. I've seen many FUDs already. On the other hand, FUDs can be useful to us because it may be a sign for us to buy more Bitcoin and hold Cheesy.
legendary
Activity: 2086
Merit: 1058
March 07, 2021, 08:41:01 AM
#50
It was obvious from the start that it would be a correction and not a crash, why? Because, there wasn't people who were in panic mode selling all over internet, when these things crash many people actually start talking about how bitcoin is crashing and how it will be bad and etc etc because that is the thing about crypto if something goes down, that usually starts with talking and if everyone says that it will go down it really will but if people are not worried and it still goes down, that means it will recover. That is what happened during this fall, as well, people didn't care about the fall and they talked about how they were buying more now that it is cheap, that is the awesome part and that is why it was obvious that it wouldn't be going down. The end result is obvious that we are reaching to a point where we are doing a lot better now at over 50k+ as well.
legendary
Activity: 3654
Merit: 1165
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March 06, 2021, 01:42:19 AM
#49
If you believe tht there's a rainbow after the rain, then expect the pot of fortune as well.

It's setting your minds and looking for the bright side instead of worrying about things that haven't happen yet. Believers knows that there's always a good timing for both buy and sell position, it takes time and good analysis for you to set up your targets. Better to go long to avoid making mistakes following fuds and regret when you see the bounce back.
So far after each of the corrections there was a good increase, it is clear that we are still in a buy situation because we could honestly make a lot of money from buying now and selling when it goes above 60k. Not saying that it will be like that very quickly and easily, it may take some time but I do not remember just a single time when bitcoin had a correction and increased only a bit and waited there, it was always obvious that we would be getting back to ATH prices because that is what recovery does.

Of course, this stable period may actually make some people a bit anxious because the reality is that people want to see it go back to what it was to feel a bit more comfortable but I suppose they can wait a bit more and they can see how it goes to 60k+ levels soon.
hero member
Activity: 2604
Merit: 816
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March 06, 2021, 01:20:55 AM
#48
I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

As of today corrections was presently taking more time to resist the fall of btc, I foresee that holders trusted more on the strong momentum that has been created. They'll never be shaken with different premonitions against bitcoin speculations, all I knew that everything is just a manipulation through psychological aspects that's deceiving somebody to ride with their tactics.
The holders already have more experience than ordinary people who lack information about that, and they can still hold their bitcoin, even if the price is down. They will know that if the price is down too deep, it will be the best time for them to buy more bitcoin as they will not have a chance to buy when the price increases. The correction will still happen now and in the future, and we do not have to worry because the price will be back to the high price. Even if they can manipulate the price, they can not manipulate it all time.
member
Activity: 868
Merit: 63
March 05, 2021, 11:28:21 PM
#47
~

If you believe tht there's a rainbow after the rain, then expect the pot of fortune as well.

It's setting your minds and looking for the bright side instead of worrying about things that haven't happen yet. Believers knows that there's always a good timing for both buy and sell position, it takes time and good analysis for you to set up your targets. Better to go long to avoid making mistakes following fuds and regret when you see the bounce back.
If you have the same belief as mine about waiting for the better days, what is the point of quoting my reply? Mindset and analysis aside, you also have to have enough money to curtail the possibility of losses that might come your way.
sr. member
Activity: 1484
Merit: 253
March 05, 2021, 05:03:44 PM
#46
I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.

As of today corrections was presently taking more time to resist the fall of btc, I foresee that holders trusted more on the strong momentum that has been created. They'll never be shaken with different premonitions against bitcoin speculations, all I knew that everything is just a manipulation through psychological aspects that's deceiving somebody to ride with their tactics.
legendary
Activity: 3094
Merit: 1127
March 05, 2021, 03:27:34 PM
#45
Today is March 5, and i see Bitcoin still at a stagnant price, it's different like last month that the price of Bitcoin increased so fast and make profits to many people, The fact is this month is not as good as last month, I have a lot of coins stuck in high price and still not recover, if Bitcoin stagnant like this, will take a long time to recover
It is still not yet a week off this month so there is still a lot of things that can happen in this month and we don't know yet but this month might be show another ATH which means that the bull run is still going strong. Patience can help you, it is good that you still have coins even if they are stuck than those who do not have coins and sold at a lower prices, always see the positive side of things.

If you believe tht there's a rainbow after the rain, then expect the pot of fortune as well.

It's setting your minds and looking for the bright side instead of worrying about things that haven't happen yet. Believers knows that there's always a good timing for both buy and sell position, it takes time and good analysis for you to set up your targets. Better to go long to avoid making mistakes following fuds and regret when you see the bounce back.
When you do deal up with this market then you should really be having this kind of behavior and you should be aware nor be ready on things to be like that.
Fixing up someones mind might not really be that easy because seeing price to decrease and make your portfolio put in reds will really give out that panic feeling.
Fuds are common so better get used to it or else you would really be able to make out decisions that would really be in result on losing up your money.
Stay focused and dont let yourself fall into that emotion where you do get easily panic and make out false moves.
sr. member
Activity: 714
Merit: 335
March 05, 2021, 02:41:50 PM
#44
If I look at Bitcoin moving between $ 44k to $ 51K in recent weeks, I can see that the Bitcoin price is quite stable. But we can use the volatile
price of Bitcoin to make profit with day trading. Regarding the problem of FUD there will always coming to be able to drop the price of Bitcoin,
but because Bitcoin fundamentals are very strong. So if the Bitcoin price falls, it won't go too deep and it can recover quickly.


You are right. I have to say that the range of the bitcoin price is a bit wide. The narrowing of this range a little more and changing between 47-50k dollars would make us more happy. Even the prospect of watching a chart rising positively with bitcoin increasing a little more excites me already.
legendary
Activity: 2674
Merit: 1226
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March 05, 2021, 09:19:13 AM
#43
If I look at Bitcoin moving between $ 44k to $ 51K in recent weeks, I can see that the Bitcoin price is quite stable. But we can use the volatile
price of Bitcoin to make profit with day trading. Regarding the problem of FUD there will always coming to be able to drop the price of Bitcoin,
but because Bitcoin fundamentals are very strong. So if the Bitcoin price falls, it won't go too deep and it can recover quickly.


10% movements in a few days is not exactly what I'd call stable, and we actually have seen much much more than that happen in 24 hours. The last 24-hour change right now is more than 5% for example and we aren't even really in a big period of volatility!

No use to look at such short time frames for Bitcoin. Just keep watching the year on year graph:)
legendary
Activity: 2982
Merit: 1028
March 05, 2021, 02:11:54 AM
#42
Today is March 5, and i see Bitcoin still at a stagnant price, it's different like last month that the price of Bitcoin increased so fast and make profits to many people, The fact is this month is not as good as last month, I have a lot of coins stuck in high price and still not recover, if Bitcoin stagnant like this, will take a long time to recover
It is still not yet a week off this month so there is still a lot of things that can happen in this month and we don't know yet but this month might be show another ATH which means that the bull run is still going strong. Patience can help you, it is good that you still have coins even if they are stuck than those who do not have coins and sold at a lower prices, always see the positive side of things.

If you believe tht there's a rainbow after the rain, then expect the pot of fortune as well.

It's setting your minds and looking for the bright side instead of worrying about things that haven't happen yet. Believers knows that there's always a good timing for both buy and sell position, it takes time and good analysis for you to set up your targets. Better to go long to avoid making mistakes following fuds and regret when you see the bounce back.
member
Activity: 868
Merit: 63
March 05, 2021, 12:35:37 AM
#41
Today is March 5, and i see Bitcoin still at a stagnant price, it's different like last month that the price of Bitcoin increased so fast and make profits to many people, The fact is this month is not as good as last month, I have a lot of coins stuck in high price and still not recover, if Bitcoin stagnant like this, will take a long time to recover
It is still not yet a week off this month so there is still a lot of things that can happen in this month and we don't know yet but this month might be show another ATH which means that the bull run is still going strong. Patience can help you, it is good that you still have coins even if they are stuck than those who do not have coins and sold at a lower prices, always see the positive side of things.
legendary
Activity: 3472
Merit: 10611
March 05, 2021, 12:15:30 AM
#40
But we can use the volatile price of Bitcoin to make profit with day trading.
I believe this is why $50k is proving to be another strong resistance and is proving to be hard to break. The day traders are filling the market while abandoning the altcoin market and that creates a lot of sell pressure in bitcoin. That and the fact that $50k is yet another round number that is acting as a psychological resistance!
full member
Activity: 1190
Merit: 117
March 04, 2021, 07:36:02 PM
#39
If I look at Bitcoin moving between $ 44k to $ 51K in recent weeks, I can see that the Bitcoin price is quite stable. But we can use the volatile
price of Bitcoin to make profit with day trading. Regarding the problem of FUD there will always coming to be able to drop the price of Bitcoin,
but because Bitcoin fundamentals are very strong. So if the Bitcoin price falls, it won't go too deep and it can recover quickly.
full member
Activity: 1119
Merit: 206
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March 04, 2021, 06:31:22 PM
#38
Today is March 5, and i see Bitcoin still at a stagnant price, it's different like last month that the price of Bitcoin increased so fast and make profits to many people, The fact is this month is not as good as last month, I have a lot of coins stuck in high price and still not recover, if Bitcoin stagnant like this, will take a long time to recover
hero member
Activity: 2604
Merit: 816
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March 04, 2021, 05:42:06 AM
#37
Bitcoin price now is back to $49k, so I think the correction will come again. But if you see at the chart, the chance for the price to increase back will still be there, and I guess that this correction will end soon, and the price will start another rally. Hopefully, after these hours, we will see the price start increase, and we can get back to profit again. But still, be careful with the correction because the correction can happen again without us know when the time comes.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
March 04, 2021, 04:32:52 AM
#36
$43k was the bottom and now Bitcoin is heading back up. Expect new ATHs later this month. Maybe we get next correction at $80k?
Correction is going down, recovery is going up, so if we go to 80k that would be called recovery. I believe we are done with the correction, we are already over 50k and that is proof that we are not going any further down, that is why I believe there is some sort of bottom right now that we won't go under, but that doesn't mean that we will go higher neither, could we be 80k? We definitely can reach to those levels, could we be 30k?

I do not think so. Which means we are in a situation where we will make a profit, but we will not lose money and the only question we are facing right now is how much profit will we make and that is a good problem to have. Maybe we will not be 80k, maybe we will max at 70k and not go above for a long time, who knows? But, that is still a profit and that is why I am fine with investing into bitcoin right now and some other coins as well.
hero member
Activity: 2828
Merit: 518
March 03, 2021, 06:55:37 PM
#35
$43k was the bottom and now Bitcoin is heading back up. Expect new ATHs later this month. Maybe we get next correction at $80k?
We’ve seen this kind of trend before and we can’t be so sure that Bitcoin finally recovers from a potential bear because the volume is still not that high. FUDs are normal, they create this one to correct the price of Bitcoin but if there’s a strong demand then that FUD will turn to FOMO and people might be more in hurry to buy Bitcoin. If we stay above $50k this month, then that can be a good sign of a strong bull.
FUD's have no effect this time, people are now learning from the past and ignore those things. Which unlike before, dumps are unbeatable, everytime we heard about the fakes news, dumps will follow but that was it looks different now. This will be served as an indication that we no longer getting back to the doom.
But still, we can't decline market correction as it is normally happening around.
I expect more pumps, though.
sr. member
Activity: 2422
Merit: 357
March 03, 2021, 05:41:11 PM
#34
$43k was the bottom and now Bitcoin is heading back up. Expect new ATHs later this month. Maybe we get next correction at $80k?
We’ve seen this kind of trend before and we can’t be so sure that Bitcoin finally recovers from a potential bear because the volume is still not that high. FUDs are normal, they create this one to correct the price of Bitcoin but if there’s a strong demand then that FUD will turn to FOMO and people might be more in hurry to buy Bitcoin. If we stay above $50k this month, then that can be a good sign of a strong bull.
legendary
Activity: 3094
Merit: 1127
March 03, 2021, 05:32:33 PM
#33
I guess the sky isn't falling after all.  LOL< I'm a pilot and said FOD at first. Corrected.
If you get used to with crypto currency price movement especially bitcoin then you will already know which information that can lead to the trully FUD or an information that can only make many people afraid and force to sell their investment place.

I found many times the information like that and until I've known how to deal with that situation so as I can still comfortable with my decision (hold or sell). There will be some people who want bitcoin price drop so as they can buy as much as they can, also bitcoin still have many enemies especially from old investment place, so as they will make several negative statement to affect many people.
Situations like these arent something new that you can see on this market.It commonly happens when the market is on extreme bullish situation where FUD's would
always be on next in line which it is somehow obvious already when everything is enjoying the profits and then suddenly some negative news do pops out from nowhere
which do really tend out to drive the market to go down.Its on that manipulative manner but this isnt forex/stocks which is really very strict when it comes to those
circumstances where manipulators could really be sued and be punished out but for this anonymous market then it isnt really something that can be handled.
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