Growth may be just around the corner? - page 3.

btcrich2020

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Quote from: Dreamchaser21 on April 18, 2018, 06:43:44 PM

Quote from: lumeire on April 18, 2018, 09:10:32 AM

You gotta be careful with those feelings, because those are the ones that will cause you to make those unnecessary trades.

For instance, what's happening to the market right now might be a bull trap. Those feelings will lead you right into it.

You must really care this time because the price can drop easily, trade with your own analysis so you will not be lose much in the end of the day. I still hope that this is not a bull trap or what so ever, I wish for a full recovery of this market.

Exactly, because if it is a bull trap then those people will start dumping the coin those who bought the Bitcoin at 6000$. I hope the market is recovering and there is the huge chance for people who still, holding the Bitcoin for days. Don't look for short-term trades you need to face a lot of problems.

wildflower18

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Quote from: Dreamchaser21 on April 18, 2018, 06:43:44 PM

Quote from: lumeire on April 18, 2018, 09:10:32 AM

You gotta be careful with those feelings, because those are the ones that will cause you to make those unnecessary trades.

For instance, what's happening to the market right now might be a bull trap. Those feelings will lead you right into it.

You must really care this time because the price can drop easily, trade with your own analysis so you will not be lose much in the end of the day. I still hope that this is not a bull trap or what so ever, I wish for a full recovery of this market.

We don't know yet if it's bull trap but look the market now this moment is still on a slowly recovering. But I think were just near on the growth of bitcoin. However, the more demands the more speculation of price to increase could leads to be a successful trading.

Hell-raiser

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Quote from: richardsNY on April 18, 2018, 12:09:52 PM

Quote from: BillCoin on April 18, 2018, 07:32:00 AM

It's all about waves, all we need to do as fishes is to ride on the wave, you can't go against those whales who have massive amount of money and can easily manipulate the market.

People quite often consider manipulation to be a negative aspect, but it's not all that negative as people may think. In the same way whales manipulate the market, people here can profit as much or nearly as much as whales do, but without actually doing the initial manipulation, which is great.

Well, it is like saying that it is good to be successful in trading and bad not to be. Indeed, if you can follow the whales' steps pretty closely (or even be smart enough to anticipate their future actions in advance), then undoubtedly you will consider market manipulation as something very useful to you personally. But since market manipulation leads to people losing money in general (while manipulators earning off these losers), it is not what most people would like about crypto.

Bustart

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Quote from: thecodebear on April 18, 2018, 08:06:56 PM

I agree that the sentiment has shifted to being decidedly more positive. Back in January and February and a bit in March there were just massive negative news bombs hitting every week. Now the news is pretty much neutral and even starting to get a bit positive. And that $1100 gain last week in an hour certainly made people think positively.

There is still a chance this is another bull trap and it could slide to $4k-$5k by the summer before turning around (in which case I'm gonna start buying again!). Looking at a long view of the charts over the years it feels like it should slide down or sideways for a few more months before it actually starts to recover and head over $10k this Fall. But it feels like it'll move faster than that this year.

Anyway, growth is coming at some point this year.

It's hard to predict when the high and low in price may occur. Its volatility makes us feel nervous, thrilled, yet fun and exciting. Its growth can be achieved if we work together in aiming for quality service and life that would influence people and almost in all forms of sectors and society. Moreover, let growth starts in ourselves, be hunger for learning, and overcome your fears.

thecodebear

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I agree that the sentiment has shifted to being decidedly more positive. Back in January and February and a bit in March there were just massive negative news bombs hitting every week. Now the news is pretty much neutral and even starting to get a bit positive. And that $1100 gain last week in an hour certainly made people think positively.

There is still a chance this is another bull trap and it could slide to $4k-$5k by the summer before turning around (in which case I'm gonna start buying again!). Looking at a long view of the charts over the years it feels like it should slide down or sideways for a few more months before it actually starts to recover and head over $10k this Fall. But it feels like it'll move faster than that this year.

Anyway, growth is coming at some point this year.

Dreamchaser21

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Quote from: lumeire on April 18, 2018, 09:10:32 AM

You gotta be careful with those feelings, because those are the ones that will cause you to make those unnecessary trades.

For instance, what's happening to the market right now might be a bull trap. Those feelings will lead you right into it.

You must really care this time because the price can drop easily, trade with your own analysis so you will not be lose much in the end of the day. I still hope that this is not a bull trap or what so ever, I wish for a full recovery of this market.

magneto

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Quote from: BitHodler on April 18, 2018, 07:36:08 AM

It's difficult to call, but if we consider the $6000 bottom to be a safe haven, then we aren't all that far away from more growth that we will be going through. People just need to accept that it might be a much slower form of growth.

The problem with all the hype driven increases is that it never lasts very long. Hype has certain phases, and when it has completely faded away, regular demand can't sustain what hype demand created, so we fall from there.

The only thing I hope for is a slower but more sustainable growth development cycle. I don't care about how quick we can reach this or that level again, it has no use for me when we can't maintain it. We'll see what happens.

The problem is that we cannot say that the $6000 level is going to be support forever.

If 2014 can be of any reference, and I understand that adoption has increased a lot since then, etc. (but the general bull-bear market cycles should be around the same as 2014), the bear market in 2014-15 actually lasted for over a year before it finally hit the bottom and stabilised.

I don't think that we'll see as long of a bear market this time round due to the major institution players in the market now (Soros, Rothschild, etc.), but I don't think that there is any way this bear market finds the bottom in 3 months. Short term growth is here already, but it's not going to be sustained growth until we do find that bottom and start a slow recovery process.

jmlona

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Quote from: Hell-raiser on April 18, 2018, 02:35:53 AM

Quote from: jmlona on April 17, 2018, 06:31:35 PM

There's a renewed sense of optimism in the market right now but still laced with much hesitation and precaution. The longer goes by without bitcoin falling further then the more optimism there will be. For that reason it's hard to disagree with what you're saying. However, using DOGE as a measure of when bitcoin will grow seems like a flawed approach. It's widely regarded as a shitcoin and seems to fluctuate quite randomly at times for no fundamental reason. If you could provide something solid to suggest DOGE price increases are a prerequisite to Bitcoin price increases then I will humbly take back my words.

I'm judging from a point of view based on fundamentals. Indeed, crypto on the whole is mostly speculation but it still has application as a means of payment on the Internet, however small it could be. Many people understand that and when the dust finally settles, we may rightfully expect a surge of interest toward it again. It is a toy which you simply can't stop playing with for long. As for Dogecoin being a shitty coin, I can't possibly agree with that. From my perspective, Doge perfectly fits into its niche with its price about a few dozen satoshi which is good for things like arbitrage and gambling. In other words, you always know without a second thought where you stand exactly with your doges.

Agree with the first part, crypto has a use case and that will only grow and with it more and more people will realise the usefulness. As for DOGE not being a shitcoin, I can't argue too much with your points but for me that doesn't make it not a shitcoin Grin

Slow death

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Quote from: Hell-raiser on April 17, 2018, 03:29:31 PM

Am I the only one who has such a feeling?

the price has not increased much so that we still risk returning to $6000, just be optimistic after the price exceeds $10,000 because for now we are still close to $6000. I have read a lot of price forecasts in these last weeks and are very optimistic forecasts for the end of the year, as I intend to hold for years so these forecasts are well lives if they are to materialize.

I like to read these analyzes

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 16

osasshem

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Definitely, the price of bitcoin has slowly gotten stability recovering from the deep. And this will continue, but the fluctuations will continue, cause the next bull run will not come too soon (but for sure it is by the corner), due to the recovering from the deep of its price. The year is still too fresh to have an immediate rise in its price, the rise will go on in a gradual movement holding on stability but will not skyrock to the moon too soon.

RamonBTC

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Feeling might irrelevant for some, but most investors big or small we consider guts instincts as a good signs. I’m guilty with it. But I do balance it with data, fact news not fuds and trends then decide what is the best move to take.

We can’t blame those emotionally incline individuals that involve it in making judgement, we are emotionally attach on bitcoin in a manners we are the one can define. But don’t worry with that, we know our limitations as we observe and learn.

chickenado

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Quote from: Aikidoka on April 18, 2018, 12:36:34 PM

I believe that the main reason as to why the price of bitcoin rose was thanks to the Shariaa law's acceptance of bitcoin. They claim it to be halal. I think that is why the price grew. Added to that statement, the price will continue to grow if many investors invest in bitcoin and get rid of fear because bitcoin will not be replaced by another coin, and also if many governments recognize it. I hope bitcoin does not face any further obstacle.

Sounds good so far. Will that mean that many investors like from Shariaa will invest even more in bitcoin? If that's the case, the increase of price is getting better isn't it? Apparently, the growth is of course having minimal drops but not bad at all. It's good to know that there are still new comers try to invest without fears with bitcoin. If they continue being like that there's no problem to rise.

harizen

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Quote from: Aikidoka on April 18, 2018, 12:36:34 PM

I believe that the main reason as to why the price of bitcoin rose was thanks to the Shariaa law's acceptance of bitcoin. They claim it to be halal. I think that is why the price grew. Added to that statement, the price will continue to grow if many investors invest in bitcoin and get rid of fear because bitcoin will not be replaced by another coin, and also if many governments recognize it. I hope bitcoin does not face any further obstacle.

There are lots of factors that can be looked why there is an increase (or should I say that triggers the start of the recent price increase after sitting at $6,000 price level and idle there) and you can see some of them via your favorite search engine platform. We can't actually pinpoint the reason because diffent traders have different market reaction on different news.

Quote from: lumeire on April 18, 2018, 09:10:32 AM

You gotta be careful with those feelings, because those are the ones that will cause you to make those unnecessary trades.

For instance, what's happening to the market right now might be a bull trap. Those feelings will lead you right into it.

Still way better than feeling on being on a bear trap. If anyone want to do a new entry, disregard the bull trap rather than regret later. Im not expecting even lowered than $5,000 so it's their to wait for more dip or regret.

And besides if a person really understand the risks, then they will understand how to deal with either bull or bear trap.

Aikidoka

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I believe that the main reason as to why the price of bitcoin rose was thanks to the Shariaa law's acceptance of bitcoin. They claim it to be halal. I think that is why the price grew. Added to that statement, the price will continue to grow if many investors invest in bitcoin and get rid of fear because bitcoin will not be replaced by another coin, and also if many governments recognize it. I hope bitcoin does not face any further obstacle.

richardsNY

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Quote from: BillCoin on April 18, 2018, 07:32:00 AM

It's all about waves, all we need to do as fishes is to ride on the wave, you can't go against those whales who have massive amount of money and can easily manipulate the market.

People quite often consider manipulation to be a negative aspect, but it's not all that negative as people may think. In the same way whales manipulate the market, people here can profit as much or nearly as much as whales do, but without actually doing the initial manipulation, which is great. On the other hand, if people don't understand even the basics of trading, they surely won't be able to benefit from the manipulation, or as you say, ride the waves. Most people here are simple minded when it comes to the market, where everything that happens is either a negative or positive event, there is no mid-way. Don't think it will ever change, but it seems to be part of every developing market, so we have to accept it I guess.

Beparanf

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Quote from: lumeire on April 18, 2018, 09:10:32 AM

You gotta be careful with those feelings, because those are the ones that will cause you to make those unnecessary trades.

For instance, what's happening to the market right now might be a bull trap. Those feelings will lead you right into it.

It is same with panic selling when it dips and when it arise too, we get too excited to sell it even there are more chances that we can still earn from it, regret will just soon to happen when the market started to make a bull run and you didn't afford to join because you sold it already, Always think before making any actions in crypto.

1Referee

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Quote from: LFC_Bitcoin on April 18, 2018, 07:18:47 AM

I’d like to hope we’ve already seen the low for 2018 but every time I think we’re gaining momentum some asshole dunps a shit load back onto the market.

Hoping for the best but prepared for another shit storm.

I know what you mean. For a long time an artificial selling force consistently kept dumping the market down with the same number of coins, all to keep the price below a certain point, which all indicates that whatever group of whales it was, accumulation wasn't yet completed. Your skepticism in this case is well justified; I was quite skeptical as well initially, and I still am to a certain extent, but my confidence is increasing bit by bit.

The main thing in the short term market is to make sure your expectations are as low as possible, where in case the market falls back down, you already accepted it and thus there is nothing to be disappointed about. It's an important factor making or breaking most of the people here, especially the late 2017 early 2018 'investors'; they are the ones who have experienced the best and at the same time the worst of this market, and that in just a matter of months. Those who end up learning from what they went through will eventually become stronger holders, that I am sure of. It's all learning what we do here, even for the most experienced geeks here.

lumeire

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You gotta be careful with those feelings, because those are the ones that will cause you to make those unnecessary trades.

For instance, what's happening to the market right now might be a bull trap. Those feelings will lead you right into it.

Hell-raiser

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Quote from: BitHodler on April 18, 2018, 07:36:08 AM

It's difficult to call, but if we consider the $6000 bottom to be a safe haven, then we aren't all that far away from more growth that we will be going through. People just need to accept that it might be a much slower form of growth.

The problem with all the hype driven increases is that it never lasts very long. Hype has certain phases, and when it has completely faded away, regular demand can't sustain what hype demand created, so we fall from there.

Long-term growth in the way you mean it is only possible with the expansion of cryptocurrencies into real life. We are still very far from that, whether anyone likes it or not. But it doesn't mean we won't see any appreciable growth in the coming months. As I already said, even if real use is small, this use is real, so to speak. And that's enough for the expansion of crypto at least in the minds of people. It is a curvy road to general and universal acceptance and recognition of crypto but we are well on the way there.

semobo

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If we compare the bitcoin growth rate year by uear it attains great growth guys so we have to be positive and let's hope for the brighter bitcoin future.The price will recover sooner or later in this year because the market become too unpredictable now.

Topic: Growth may be just around the corner? - page 3. (Read 625 times)