I'm officially sick of the bitcoin price right now... - page 6.

South Park

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Quote from: ?? on ??

Why are you explaining this to him? he is probably a newbie who does not even understand how the market works. I have been paying "serious" attention to the market during the last 3 years, and yes, i can confirm to you that the market is moving on the same direction EVERY January - February.

Quote from: gentlemand on January 15, 2018, 09:20:29 PM

By arriving in September you've been spoilt rotten. Try heading straight downwards for month after month. Try what felt like months at $250. This is traditionally a pretty dead time of year. Wait for a couple of months and you might see some identifiable action. Or tomorrow. No one knows.

We were all newbies at some point and I'm not referring to the forum but about our experience with bitcoin, when I first bought bitcoin it was close to 220 and then the next day it dropped to 190 or 180 I was scared since I bought that bitcoin to buy some stuff so I will buy less with my bitcoin so I waited, and after a few days the price recovered, so most of us panicked the first time that happened to us and we must learn to overcome it.

ipanks

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Quote from: South Park on January 19, 2018, 06:42:05 PM

Quote from: superlative on January 15, 2018, 07:38:55 PM

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle. I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again? It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers. What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)? Another month? March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

It is probably best for you to stop investing in bitcoin, if you cannot deal with the current movements in the price then what it is going to happen if the price crashes for some reason, besides if you have been here since September then you got a lot of profits since bitcoin was not that expensive at that time.

maybe he needs to break for a while from cryptocurrencies to enjoy his life and he needs to refresh his mind so in the next time if he wants to comeback into cryptocurrencies again, he will have fresh minds. maybe in September, he already makes a nice profit but suddenly he got buy at the high price and makes him cannot sell his coin to make another profit. but I think he really needs to calm down his mind by doing something that not related to cryptocurrency world.

CyberKuro

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Quote from: superlative on January 15, 2018, 07:38:55 PM

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle. I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again? It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers. What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)? Another month? March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

Officially sick? LoL
If you have been watching and reading many bitcoin price prediction, stop it right now and decide whether you want to buy more bitcoin at current rate which is cheaper than $20K, or you want to hold it for long-term?
You know that bitcoin will recover, just put faith in your heart about it. January is the time for most cryptocurrencies to fall down, it's a good time to buy bitcoin and altcoins.
I assume bitcoin will recover to $20K in March or April, but to reach $50-$100K, it may takes longer, maybe in the end of the year.

South Park

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Quote from: superlative on January 15, 2018, 07:38:55 PM

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle. I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again? It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers. What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)? Another month? March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

It is probably best for you to stop investing in bitcoin, if you cannot deal with the current movements in the price then what it is going to happen if the price crashes for some reason, besides if you have been here since September then you got a lot of profits since bitcoin was not that expensive at that time.

Bezobraznike

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Quote from: henriquelb on January 19, 2018, 03:20:35 AM

Came on, so you are in here since september and you are saying that the price is low? if i am not wrong, the price was roughly at $5000 on September, if i am not wrong.. The price is stable right now, and it will take some weeks until it can recover and go back to $20000 again..

There are so many comments without any sense, like this newbies are kids without
brain. How to classify them, it is a mystery for me. They do not know what was yesterday,
they bought on $15000 and they are nervous.
We all hope for fast recover, and most of us believe in that. I am waiting with patience
and this price rollercoaster does not make me feel sick, I am enjoining in what is happening
I almost can imagine how it was when Bitcoin price touched $100 and later $1000 for the
first time. I plan to hold for a long time, nothing can stop me in that.

serjent05

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Quote from: emuLOAD on January 15, 2018, 08:04:34 PM

You've only been here since september but you shouldn't be here at all.

You're asking a question that not only nobody can answer, but one that you should be able to reason by yourself having looked at history. Why did you jump in in semptember without doing any of the required homework?

Anyhow, best answer I can give you is that last time we hit a bear market, prices went down further and didn't recover for a couple of years.

Bitcoin's astronomic ascent in the second half of 2017 is not the standard. It's not the way you should expect bitocin to ever move.

I've been here since 2010/1, and trust me when I tell you that if you don't start studying a lot harder you will get burnt. badly. Keep an eye on altcoins, too. If you look at the overall crypto cap you'll see there was more growing between when you camein and now.

Very much explained

. People who did not do their homework before investing are the one often to sell when they see the price is going down. There had been a lot of scenario like this but guess what, those who are Bitcoin millionaire today won't be millionaire if they did not do their research. They knew that theprice will definitely increase, the factors are there, adoption, deflation of circulating coins, development and finite number of coins. It may take sometime but just chill, price fluctuate, earth revolves so does the condition of Bitcoin market trend.

henriquelb

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Came on, so you are in here since september and you are saying that the price is low? if i am not wrong, the price was roughly at $5000 on September, if i am not wrong.. The price is stable right now, and it will take some weeks until it can recover and go back to $20000 again..

yonton

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Just buy back in with the rest of the heard at 40k than sell at 20k and cry about it again. That's what most idiots do.

magneto

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Quote from: yonton on January 19, 2018, 01:25:29 AM

Just buy back in with the rest of the heard at 40k than sell at 20k and cry about it again. That's what most idiots do.

Yeah to be honest i find it strange that people find the current price level a good level to sell at, but when the price was $15k or $16k or just before the all time high they haven't sold. My point from previous posts still stands - it's simply a panic dump, and i still believe that the all time high is going to be broken this year(along with it $20k, which hasn't been broken for now).

Don't buy high sell low, that's basic facts of trading.

As long as you don't cash out your position, you're still in the game. And for bitcoin, long term is going to be worth it to hold BTC. No reason to overly debate between whether or not price is going to drop another 10% or not in the short term. It really makes very little difference.

yonton

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Just buy back in with the rest of the heard at 40k than sell at 20k and cry about it again. That's what most idiots do.

timerland

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Quote from: superlative on January 15, 2018, 07:38:55 PM

.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle. I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again? It just seems like a really long sideways movement.

On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers. What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)? Another month? March?

I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).

Thanks.

If you don't have the patience to trade bitcoin and see it rise then just don't. Nobody is forcing you to. Bitcoin is going to go up and down and you can't always expect it to continue to go up, otherwise it's a scam and the promises won't be redeemed.

$20k isn't a guarantee. Anyone saying that would be trying to mislead you.

But i think if you buy now, the chances of you making a sizeable profit should be quite high. Even if bitcoin goes to $13k, which i believe this price rebound will bring the BTC/USD index to at the worst, you're making 10%.

$50k-100k for now is still unrealistic. Maybe this year we'll see $30k though.

ipanks

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Quote from: blitz18 on January 18, 2018, 11:20:01 PM

Quote from: oriz345 on January 18, 2018, 10:32:16 PM

Anyone claiming to know TA should know that with bitcoin tearing through the upper bollinger band, a massive correction was coming in order to go back into the bands. I don't think we're outta the woods quite yet, but I think the worst is probably behind us for now.

This correction will tends to stop and it will go up again. Bitcoin price market is really crazy and you have to be tough in order for you to gain profit at the end. Although we dont know yet the outcomes and what price it would be,but deciding to wait for the price to up is good.

there is nothing that we can do except keep buying bitcoin at lower price or we can hold our bitcoin until the price increase again. there will be a time for bitcoin price to back to the highest price and we still need to wait the time comes. maybe in the next week, we can see the price start to rise again and who knows, the price could make the highest price that we have never seen before.

blitz18

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Quote from: oriz345 on January 18, 2018, 10:32:16 PM

Anyone claiming to know TA should know that with bitcoin tearing through the upper bollinger band, a massive correction was coming in order to go back into the bands. I don't think we're outta the woods quite yet, but I think the worst is probably behind us for now.

This correction will tends to stop and it will go up again. Bitcoin price market is really crazy and you have to be tough in order for you to gain profit at the end. Although we dont know yet the outcomes and what price it would be,but deciding to wait for the price to up is good.

RealPhotoshoper

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Quote from: Tak2020 on January 18, 2018, 08:22:44 PM

Quote from: nydiacaskey01 on January 18, 2018, 01:36:48 PM

Quote from: Tak2020 on January 18, 2018, 01:16:59 PM

50% correction lol f#&$ this market

Yep correction and fud, but them together BTC price will drop and enter those with large bag of money to buy coins sold by noobs. Cant blame the noobs for selling early, they are not yet used with BTC price. If Ihave money to spare, I should have some more and ask for a picture.

after this huge "correction " FOMO gone , I invested @7k sold @ 16k and and now it's 11k but I'm not buying. Bitcoin will not cross $20k this year. People now dreaming even for $16k

Indeed the market really so struggle to come back to $16,000 it is the fact.
But there is another fact where bitcoin worth only $1,000 and people confidently say it won't crossed even to $2,000 .
For sure noone know about the future of bitcoin price , we just know that out there a lot of people waiting to buy bitcoin at the right time for them , and guess what will happened to the market? The price escalate quickly!

oriz345

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Anyone claiming to know TA should know that with bitcoin tearing through the upper bollinger band, a massive correction was coming in order to go back into the bands. I don't think we're outta the woods quite yet, but I think the worst is probably behind us for now.

Tak2020

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Quote from: nydiacaskey01 on January 18, 2018, 01:36:48 PM

Quote from: Tak2020 on January 18, 2018, 01:16:59 PM

50% correction lol f#&$ this market

Yep correction and fud, but them together BTC price will drop and enter those with large bag of money to buy coins sold by noobs. Cant blame the noobs for selling early, they are not yet used with BTC price. If Ihave money to spare, I should have some more and ask for a picture.

after this huge "correction " FOMO gone , I invested @7k sold @ 16k and and now it's 11k but I'm not buying. Bitcoin will not cross $20k this year. People now dreaming even for $16k

nydiacaskey01

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Quote from: Tak2020 on January 18, 2018, 01:16:59 PM

50% correction lol f#&$ this market

Yep correction and fud, but them together BTC price will drop and enter those with large bag of money to buy coins sold by noobs. Cant blame the noobs for selling early, they are not yet used with BTC price. If Ihave money to spare, I should have some more and ask for a picture.

Tak2020

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50% correction lol f#&$ this market

giveen

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Ok then piss off no one cares if you are sick of btc. The problem is you all forget the past from $0.001 to $20k and people still complain if there is a little bit of correction. If you don't realise this dump is just because of a rumour which has caused panic in south korea which is now affecting the whole market.

If you were smart enough you would buy more instead of simply complaining.

SpyX

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Damn, I'm sick too, bitcoin is in a severe dumping right now... I think our best bet is to HOLD it, and like other said, bitcoin will rise like a storm after this. But it reminds bitcoin is a lot of speculation, don't invest what you can't afford.

Anytime there's a China rumor about the bitcoin, price drops... I'm a new investitor, but I've already seen an other big dip this summer. It's fine for those who're in UDST, but for other, don't sell now, if you've what happened in november/december, price will rise up.

Topic: I'm officially sick of the bitcoin price right now... - page 6. (Read 3202 times)