Pages:
Author

Topic: I'm officially sick of the bitcoin price right now... - page 2. (Read 3202 times)

legendary
Activity: 2534
Merit: 1338
yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
It comes a time in which even if you still have a lot to learn from the markets you are not going to necessarily get better at predicting what it will do, you must always accept a degree of uncertainty from the markets, this will save you a lot of frustration, it is understandable to have a desire to predict the markets perfectly but that is just a dream, if you can tell 90% of the time what the market will do, and some strategies are able to do exactly that, then you have already reached the limits of what it can be accomplished with technical analysis.
sr. member
Activity: 994
Merit: 256
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
People simply rely on the predictions of those people who have history of making appropriate predictions. Most of the times, these prediction makers are the ones who have deep connections with the teams of coin projects and are in touch with the whales who are capable of making hug changes in the market. In addition to this, we cannot ignore their significant market and technical knowledge. In short, not everyone can make predictions. People follow these mentors for predictions.

This is already happenign before and people only relying in predictions even it is a false analysis to manipulate and make people to invest and lose money. And that is the reason why some pro traders and make a post about the chart to confuse their followers and make money by making a false prediction and this is just like a pump a dump scheme but in a different way.

And it is really hard to look for a good mentors to follow that's why it is much better to self study.
I have never been in favor of following others specifically for predictions regarding prices of famous altcoins and bitcoin. Most of the people are simply making followers fool and ask for money in order to help them with trading. I believe that if you are involved with bitcoin, you don’t need to follow anyone rather simply keep in mind that the coin will definitely pump no matter how much time it takes and buy low.  
STT
legendary
Activity: 4102
Merit: 1454
I dont rate the 200 day or 50 day to be support as such, I know they have held the line but short term the market will do anything so long as there is enough traders willing to respect a level. Over weeks it shouldnt especially be that moving average that is deciding areas to hold or not, as its an indicator but fair enough if it works it works.

I just look at certain points as a show of strength and if it gets past that and holds then its indicated strength or weakness.  



Here is 4hr bars and blue line is 8 day and the yellow is 30 day.   We are still quite weak is what I estimate but if we above the 30 and 8 day I think the price is in a positive phase at that moment.    I expect more weakness (or least a move to 'reset') when its not passing either of these, otherwise the target would be 9500 for it to first meet and beat if we do get a show of strength.
hero member
Activity: 2968
Merit: 687
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
People simply rely on the predictions of those people who have history of making appropriate predictions. Most of the times, these prediction makers are the ones who have deep connections with the teams of coin projects and are in touch with the whales who are capable of making hug changes in the market. In addition to this, we cannot ignore their significant market and technical knowledge. In short, not everyone can make predictions. People follow these mentors for predictions.

This is already happenign before and people only relying in predictions even it is a false analysis to manipulate and make people to invest and lose money. And that is the reason why some pro traders and make a post about the chart to confuse their followers and make money by making a false prediction and this is just like a pump a dump scheme but in a different way.

And it is really hard to look for a good mentors to follow that's why it is much better to self study.
Theres no wrong on following on an analysis but somehow we should follow into those realistic ones rather than into those who aren't specially on long term aspect.
The thing here that should really be put up on ones mind is the risk of losing money which everybody do fails of to do.Its not really a surprising thing that majority
do commit mistake yet this market is always been unpredictable and very volatile and if you do hope on getting profits easily then you should changed up that kind of perception.
sr. member
Activity: 1372
Merit: 264
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
People simply rely on the predictions of those people who have history of making appropriate predictions. Most of the times, these prediction makers are the ones who have deep connections with the teams of coin projects and are in touch with the whales who are capable of making hug changes in the market. In addition to this, we cannot ignore their significant market and technical knowledge. In short, not everyone can make predictions. People follow these mentors for predictions.

This is already happenign before and people only relying in predictions even it is a false analysis to manipulate and make people to invest and lose money. And that is the reason why some pro traders and make a post about the chart to confuse their followers and make money by making a false prediction and this is just like a pump a dump scheme but in a different way.

And it is really hard to look for a good mentors to follow that's why it is much better to self study.
sr. member
Activity: 952
Merit: 251
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
People simply rely on the predictions of those people who have history of making appropriate predictions. Most of the times, these prediction makers are the ones who have deep connections with the teams of coin projects and are in touch with the whales who are capable of making hug changes in the market. In addition to this, we cannot ignore their significant market and technical knowledge. In short, not everyone can make predictions. People follow these mentors for predictions.
legendary
Activity: 1473
Merit: 1086
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned.  


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
Already know this fact for everyone, because Bitcoin is a volatile cryptocurrency so own prediction also never possible on every day market. I think this year starting everyone sick in Bitcoin so many peoples are open the thread so we also concentrate the current and future possibilities.

Just lean back and enjoy the next trading range until the market brakes out in a direction. Both the 50D MA and the 200D MA should act as support and resistance.

sr. member
Activity: 700
Merit: 250
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
Already know this fact for everyone, because Bitcoin is a volatile cryptocurrency so own prediction also never possible on every day market. I think this year starting everyone sick in Bitcoin so many peoples are open the thread so we also concentrate the current and future possibilities.
hero member
Activity: 1078
Merit: 501
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.


True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 


yes everybody has own predictions about the market but these predictions sometimes works usually when they are according to the exact information and data, most of the people are the good predictors who can predict the price of bitcoin that is because of their research and study which makes them perfect, so i think there is always a room for learning something new about the market and 'study' is its best solution.
sr. member
Activity: 1638
Merit: 261
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.

True,  everyday in fact every moment is a learning curve for us wherein we being in this domain for long time knows that the market does not go as per predictions and everyone has a different opinion about the market situation and make their own move based on their strategy.  We cannot be frustrated with the market situation rather studying the market will help us in further moves as you have rightly mentioned. 
hero member
Activity: 2814
Merit: 576
You have to fully understand the market so you'll get used to it.

This is not a typical of investment where its stable and we can predict it easily, this is very unpredictable and always believe that this market is manipulated that is why sometimes it goes sideways  and sometimes we witnessed a significant drop or increase, that's how volatile it is and instead of complaining, why not try to study the market very well so we can learn and make a good decision next time.
hero member
Activity: 1106
Merit: 506
certainly no one knows for sure when the price of bitcoin will return at $ 20k we can only speculate. investing in crypto does require patience because the market has a downward and upward trend. and we also don't know how long the market has been going down and up.
but if we look at the characteristics of bitcoin and the amount is limited I'm sure in the future the price will be more expensive. and also every 4 years bitcoin halves this is a good opportunity for bull run. so I am optimistic that next year the price of bitcoin may reach 30k.
legendary
Activity: 1473
Merit: 1086
Anything above 1000 is good seems to me, beyond 3k even better and above 5k like this is plain sailing.   All the other prices are just a bonus and everyone has a tendency to take the good times for granted but its normally that price has a summer and a winter and both are needed for a full market.
  All I could say to really explain would be that BTC can move fast in the short term but it is a surprisingly long term asset, it relates in some way to macro economics and movements of the Dollar I think.   So we have to accept good things take time, without being around years it can seem negative now but its not really and I dont have a worry about prospects especially.  Price weakness is not that damaging if market manages to even things out more or less every week and its doing that so its not a big deal.

True words, the plus side of being in the market for a long time I guess ?
 
There is no mercy in the world of cryptocurrency,for most it is just about how to make more money. When big pump is start at beginning of last year smart people know that a big correction will take place,but for all new users who boarded the ship at full speed all this today looks very strange. Like a replay of 2013s.

For some this is trembling,for others it's a time for great opportunities. Guess many old coiners are calm af right now and enjoying their cocktails on a beach.
STT
legendary
Activity: 4102
Merit: 1454
Anything above 1000 is good seems to me, beyond 3k even better and above 5k like this is plain sailing.   All the other prices are just a bonus and everyone has a tendency to take the good times for granted but its normally that price has a summer and a winter and both are needed for a full market.
  All I could say to really explain would be that BTC can move fast in the short term but it is a surprisingly long term asset, it relates in some way to macro economics and movements of the Dollar I think.   So we have to accept good things take time, without being around years it can seem negative now but its not really and I dont have a worry about prospects especially.  Price weakness is not that damaging if market manages to even things out more or less every week and its doing that so its not a big deal.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
I had to check the price chart to see where bitcoin was at when OP wrote his post, and it was definitely sliding downward--but at the time it was at around $12k.  Right now everyone would be having a screaming orgasm if bitcoin got to that price next week.  Hindsight is funny sometimes. 

And my sense of bitcoin history is shoddy to say the least.  I didn't remember how long it took for it to fall down to around $3300 from its ATH.  It took way longer than I thought--bitcoin was falling for most of 2018 and it wasn't until December 2018 that it reached that valley in the price chart.  I guess that's partially because I don't fixate on the price and I probably didn't own much bitcoin for most of 2018 (and it's close to that now as well), but my memory of such things is kinda sorta shot.

As of right now, I'm not sick of the price at all.  I'm very happy, in fact.  You have to realize how volatile the market is and that crazy bull runs like 2017 are going to happen, as are crashes like 2018.  If you can accept that you won't get frustrated.
legendary
Activity: 2534
Merit: 1338
Normal thing for these bullish and bearish sentiments post depending on the current condition in the market.People will continue to give out their own
insights on the current events and its impossible for you to be worried as an investor or trader when you do able to see on where the prices are heading.
Patience is a must but when emotion do strikes you then it will shuffle or scramble it out your plans and set-ups.Getting sick of the price? then get used to it
because market wont ever change as you wanted to.
We must admit that not everyone has the necessary skills to get profits in this market and we cannot expect them to get used to this, remember most investors are small investors and are really adverse to risk since it has taken a lifetime to get their capital and they think that if they take a risk that is too high then they have high chances of losing it, but at the same time they are greedy and they got in this market for that reason and when the price is moving in such unpredictable way they cannot deal with it.
legendary
Activity: 3094
Merit: 1127
Lately there have been a number of topics that have long been discussed again, where the topic at that time was in accordance with market conditions or other conditions.

Being in bitcoin or cryptocurrency requires strong patience and must accept when conditions are not what you want and if you feel not strong, you can stop or switch to long-term methods to avoid worries.
Normal thing for these bullish and bearish sentiments post depending on the current condition in the market.People will continue to give out their own
insights on the current events and its impossible for you to be worried as an investor or trader when you do able to see on where the prices are heading.
Patience is a must but when emotion do strikes you then it will shuffle or scramble it out your plans and set-ups.Getting sick of the price? then get used to it
because market wont ever change as you wanted to.
sr. member
Activity: 756
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Lately there have been a number of topics that have long been discussed again, where the topic at that time was in accordance with market conditions or other conditions.

Being in bitcoin or cryptocurrency requires strong patience and must accept when conditions are not what you want and if you feel not strong, you can stop or switch to long-term methods to avoid worries.

yes, that was the posting at the beginning of 2018, I believe the person who wrote it was really emotional because the price in early 2018 experienced a significant decline, and I'm sure that person made a purchase in 2017. I agree with your opinion, being in cryptocurrency or bitcoin requires patience because cryptocurrency prices are volatile. before starting to trade with cryptocurrency that person should be ready to accept the risk. so that when the market price does not match what we expect, we can accept it gracefully. keep your spirits up and be patient friend.
legendary
Activity: 2534
Merit: 1338
Lately there have been a number of topics that have long been discussed again, where the topic at that time was in accordance with market conditions or other conditions.

Being in bitcoin or cryptocurrency requires strong patience and must accept when conditions are not what you want and if you feel not strong, you can stop or switch to long-term methods to avoid worries.
The price did recover but it seems many are expecting the market to do the same it did during 2017 and that was a special year, we may see something similar in the future but I doubt it we are going to see it after just two years, the market is likely to remain close to the current levels and if that is not enough for the people currently in the market then they could always get out of the market and comeback once we begin to see huge movements in the price of bitcoin again.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
Lately there have been a number of topics that have long been discussed again, where the topic at that time was in accordance with market conditions or other conditions.

Being in bitcoin or cryptocurrency requires strong patience and must accept when conditions are not what you want and if you feel not strong, you can stop or switch to long-term methods to avoid worries.
Pages:
Jump to: