Topic: I dont understand this market ! One day UP and one day DOWN (Read 1683 times)
legendary
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People are always following the train, if there's someone with the massive amount of crypto is dumping the market. People will try to follow this, what's the reason? they'll be trying to sell immediately in order to catch the higher value of the cryptos they were holding and try to rebuy it when the crypto just on its lowest point. Especially those coins with very low market cap, really vulnerable to manipulations.
Why is everything collapsing today ?
Yesterday was up day, but all profit is gone
any advice what to do in these cases
This is a natural phenomenon that a crypto trading has. Sometimes up, sometimes down. When it's down you just have to wait for it to rise. If it rises, that's the time for you to sell if you have some that you think you'll profit from it. That's why, long patience here is important. But if you want to get studied the coins you are trading...read informations, threads, forums so you have the idea or might have some signals. A better one. 
Why is everything collapsing today ?
Yesterday was up day, but all profit is gone
any advice what to do in these cases
Now a days Market of Altcoin is Good Just buy and enjoy
People talking about supply and demand and even the weather here.
Does this look anything like coincidence or "normal market behaviour"?
Coins that have been dead for 3 years suddenly 3-7fold in 1 day without any news or use cases.
If there was a real demand for any of those coins prices would go up naturally and healthy over time. But there isn't. Whales and trades are just waiting for their next 5 or 250% quick profit.
ETH for example is only at that high price because abusers suck out the ICOs of new fake start ups that pretend to deliver some kind of new service or product. Guess what, no one needs or uses all that shit. It just sounds good. Thats what the whales and trades know, so everything gets instant dropped when the price is right. Its of no worth to anybody.
Does this look anything like coincidence or "normal market behaviour"?
Coins that have been dead for 3 years suddenly 3-7fold in 1 day without any news or use cases.
If there was a real demand for any of those coins prices would go up naturally and healthy over time. But there isn't. Whales and trades are just waiting for their next 5 or 250% quick profit.
ETH for example is only at that high price because abusers suck out the ICOs of new fake start ups that pretend to deliver some kind of new service or product. Guess what, no one needs or uses all that shit. It just sounds good. Thats what the whales and trades know, so everything gets instant dropped when the price is right. Its of no worth to anybody.
Why is everything collapsing today ?
Yesterday was up day, but all profit is gone
any advice what to do in these cases
Er yeah, put it on a bank account and get your 3$ yearly interest. Only goes up! All the best man!
Welcome to bitcoin. The 'hot mess supermodel'. When it works it's great.
When it don't she's a Banshee. If you plan on sticking around, you'll be
in this constant pattern
Bitcoin: Always Drama 🌪
When it don't she's a Banshee. If you plan on sticking around, you'll be
in this constant pattern
Bitcoin: Always Drama 🌪
Actually, Bitcoin is "Always Drama" only if you are spending all day reading the crypto sites for news, bitcointalk for postings and social media. If you are like a lot of other people who only bought Bitcoin and read about it in mainstream media, you would never realise even an ounce of the drama we hear and read about all the time.
This makes it no different from oil drama, or gold drama... etc.
Welcome to bitcoin. The 'hot mess supermodel'. When it works it's great.
When it don't she's a Banshee. If you plan on sticking around, you'll be
in this constant pattern
Bitcoin: Always Drama 🌪
When it don't she's a Banshee. If you plan on sticking around, you'll be
in this constant pattern
Bitcoin: Always Drama 🌪
Actually, Bitcoin is "Always Drama" only if you are spending all day reading the crypto sites for news, bitcointalk for postings and social media. If you are like a lot of other people who only bought Bitcoin and read about it in mainstream media, you would never realise even an ounce of the drama we hear and read about all the time.
This makes it no different from oil drama, or gold drama... etc.
every market in different country are somtimes going up and going down...depends on the demand....bitcoin market are not stable and it affect other coin, when goes up bitcoin goes up the altcoin will next on it and vice versa. learn to understand the market so you would bother anymore.... good luck
You're new here huh. Tell you what. Volatility of crypto is going up. Fiat is stable but boring. As a trader this is what we need "volatility" you can't trade on a stable market. This crypto get used to it.
you actually understood the market well but only understood half of it. and that half is called pump
now you just have to understand the other half and accept is existence and you will be able to succeed in this market. the other half is called dump.
if you know this and really accept it you can see the reality of the market and then act accordingly to be successful. buy before the pump and sell before it ends which is when the dumping begins.
most people just see the first phase and think it can continue, but with altcoins that is not the case ever. it stops at some point and the next phase starts inevitably.
now you just have to understand the other half and accept is existence and you will be able to succeed in this market. the other half is called dump.
if you know this and really accept it you can see the reality of the market and then act accordingly to be successful. buy before the pump and sell before it ends which is when the dumping begins.
most people just see the first phase and think it can continue, but with altcoins that is not the case ever. it stops at some point and the next phase starts inevitably.
When market is dump you can buy order and when buy order is complete than you waiting for market up.When market is up you can place sell order i think
you can get some profit.Its strategy i always following.
you can get some profit.Its strategy i always following.
Why is everything collapsing today ?
Yesterday was up day, but all profit is gone
any advice what to do in these cases
So it is better thing for us to have bitcoin and other altcoins price fluctuations daily .
Here i would like to give you some better suggestion to handle your profit and loss during fluctuations .
Today you have chance to make buy those coins which are at low price and also you have chances to sell those coins which you bought and today is at high price .
So always see the profit , because if you can make 1 to 10% profit daily then still it will be a better thing for a you as an trader .
So always see at those coins which are at low price , and don't buy those ckins whose price is increasing speedly because dump can start anytime .
My current trading is going with dgb coin which is at -16% and i am 100% sure that next day i will make +10% easily .
So make activity fully of your trading work , instead to wait for long time .
Great opportunity to see which altcoins are strong.
Another nice thing about that is - we will clearly see if it is bubble or not. If BTC for example will go back soon to 4000 it means it is solid price.
Another nice thing about that is - we will clearly see if it is bubble or not. If BTC for example will go back soon to 4000 it means it is solid price.
Your complaint is nonsense, this is extremely normal for the market of decentralized coins. If you learn how to make money in such times, it could turn a oppurtunity for you.
All markets moves in a wave pattern - goes up, goes down. Longer uptrend - bullish. Longer downtrend - bearish.
What goes down, must come up. What goes up must, come down.
Movements are just faster in crypto compared to stock market since crypto trades 24x7 and with no country boundaries .
One night, before you go to sleep, your coin/token could be up and as soon as you wake up, it's already red.
What goes down, must come up. What goes up must, come down.
Movements are just faster in crypto compared to stock market since crypto trades 24x7 and with no country boundaries .
One night, before you go to sleep, your coin/token could be up and as soon as you wake up, it's already red.
it is a complex mix of rumors, speculation, weather...
Welcome to bitcoin. The 'hot mess supermodel'. When it works it's great.
When it don't she's a Banshee. If you plan on sticking around, you'll be
in this constant pattern
Bitcoin: Always Drama 🌪
When it don't she's a Banshee. If you plan on sticking around, you'll be
in this constant pattern
Bitcoin: Always Drama 🌪
Keep waiting for it to go up. If not, learn about chart indicators so you can do day trading, but I wouldn't recommend it
This is how the market works, either the prices go up or down. If you are trading for the long term, patience plays a part.
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