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Topic: Market sentiments ? (Read 760 times)

lizarder
hero member
Activity: 1554
Merit: 877
Market sentiments ?
February 23, 2022, 06:44:45 AM
#108
Quote from: arwin100 on February 18, 2022, 09:27:46 AM
Quote from: ?? on ??
Quote from: milewilda on February 17, 2022, 01:04:18 AM
Quote from: ?? on ??
Quote from: Wawa2013 on February 15, 2022, 02:28:09 AM
Quote from: ?? on ??
Quote from: TravelMug on February 14, 2022, 11:38:00 PM
Quote from: STT on February 14, 2022, 07:56:22 PM
At present we've held ground, gone sideways if anything overall and above the 50 day average.  I think we remain bullish overall and far more positive then the previous regular decline, it was merely a rest stop in a bullish rally.
   We are below the weekly average but bigger then that is being above the 50 day.  I think if wanting to be cautious then waiting till we regain 43k roughly and then a greater acceleration should be observerable.

You are right, we've regain the $43k price level and so we keep our heads above the 50 day average again.

So I would say that it is a good sign that the bulls are still here in the market, maybe not as lively as before. But they are not giving up and could make a final push to $45k again next week.. That will be the target for now. It's the biggest barrier we have so far and we just had one attempt so far, it was a brief touch to $45k but then it retraces back to $43k'ish levels.
Price resistance is back on the normal path, although it has not yet reached the previous price, achieving the results of the correction is not only to reach a new ATH, at least making prices return to normal is more than enough, today when compared to 2 months ago, there is an increase Regarding price stability, $45k should be able to be maintained so that it doesn't go down further, I think in the future it will get better and wait for the actual price to reach.

We are grateful that the price of Bitcoin has shown an increase, although it is still far from the expected price. It takes patience to invest in Bitcoin,
we cannot generate profits instantly. But if we look at the price of such strong support, it looks like Bitcoin is not going to drop below $40k again.
As long as the Bitcoin price is stable above $40k, we shouldn't have to worry. Because slowly the Bitcoin price will be able to return to the ATH price.
What we need to do now is to be patient holding Bitcoin until the price target we want is achieved. For those who believe in the future of Bitcoin,
then it's only a matter of time to get big profits from Bitcoin, hopefully this year the price of Bitcoin can reach new ATH.
Almost 80% of people involved in crypto believe that the future of bitcoin is much better than other coins, that's why corrections need not be too afraid, the initial process of bitcoin's presence to date has seen a lot of experience, so bitcoin is able to achieve what we want , in the long term bitcoin has come a long way. When the opportunity to buy exists, then do it, so that under normal conditions we can make big profits as we expected, it is possible that the new ATH achievement this year will come again.
Speaking of ATH then this is something which is unpredictable or simply no one really knows on what would happen in the future which means that even Bitcoin couldnt assure that it would last up forever but somehow we have seen on how it do able to remain on the top of the chain which it isnt surprising basing on that this had been the origin of cryptocurrencies.
People are way too optimistic that this coin/project would really last out for a while and even people believe that it could replace fiat which is impossible.In terms of investment then lots
had already been anticipating that it would really be good for long term holds which it had been able to prove it out.
That's the uniqueness of cryptocurrencies, no one can clearly say when the new ATH achievement will come, so it makes many people continue to be curious and waiting, in the long term there is a possibility that fiat money will be replaced, but I don't think this is really real, considering the concept crypto is not the main goal of it, to hold in the long term, I think Bitcoin, ethereum and BNB are more suitable, the rest do not have good potential for the long term, because in crypto anything can happen in the shortest possible time, but the three coins are different to the concept of development.

In my opinion fiat will never be replace by crypto since if government will find it a threat for sure they will stop crypto to rotate on their economy and most provably they will not allow it to disrupt their fiat currency by a foreign object. Maybe we can safely say they will make it as alternative so that we cannot see another announcement of bitcoin banning.

Also if you talk about coin which have good potential just add matic and sol since they also got good runs and most provably they will be inline with the coins you mentioned.


I also don't think that fiat will be replaced by crypto, this is not in line with the concept of crypto development, actually crypto was developed not to replace fiat currency, because we can make sure it will never happen in the future.

the two coins you mentioned are investments that I have made a few months ago, I have studied both, at a certain time the two coins will have a good impact for us to invest.
arwin100
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Re: Market sentiments ?
February 18, 2022, 09:27:46 AM
#104
Quote from: ?? on ??
Quote from: milewilda on February 17, 2022, 01:04:18 AM
Quote from: ?? on ??
Quote from: Wawa2013 on February 15, 2022, 02:28:09 AM
Quote from: ?? on ??
Quote from: TravelMug on February 14, 2022, 11:38:00 PM
Quote from: STT on February 14, 2022, 07:56:22 PM
At present we've held ground, gone sideways if anything overall and above the 50 day average.  I think we remain bullish overall and far more positive then the previous regular decline, it was merely a rest stop in a bullish rally.
   We are below the weekly average but bigger then that is being above the 50 day.  I think if wanting to be cautious then waiting till we regain 43k roughly and then a greater acceleration should be observerable.

You are right, we've regain the $43k price level and so we keep our heads above the 50 day average again.

So I would say that it is a good sign that the bulls are still here in the market, maybe not as lively as before. But they are not giving up and could make a final push to $45k again next week.. That will be the target for now. It's the biggest barrier we have so far and we just had one attempt so far, it was a brief touch to $45k but then it retraces back to $43k'ish levels.
Price resistance is back on the normal path, although it has not yet reached the previous price, achieving the results of the correction is not only to reach a new ATH, at least making prices return to normal is more than enough, today when compared to 2 months ago, there is an increase Regarding price stability, $45k should be able to be maintained so that it doesn't go down further, I think in the future it will get better and wait for the actual price to reach.

We are grateful that the price of Bitcoin has shown an increase, although it is still far from the expected price. It takes patience to invest in Bitcoin,
we cannot generate profits instantly. But if we look at the price of such strong support, it looks like Bitcoin is not going to drop below $40k again.
As long as the Bitcoin price is stable above $40k, we shouldn't have to worry. Because slowly the Bitcoin price will be able to return to the ATH price.
What we need to do now is to be patient holding Bitcoin until the price target we want is achieved. For those who believe in the future of Bitcoin,
then it's only a matter of time to get big profits from Bitcoin, hopefully this year the price of Bitcoin can reach new ATH.
Almost 80% of people involved in crypto believe that the future of bitcoin is much better than other coins, that's why corrections need not be too afraid, the initial process of bitcoin's presence to date has seen a lot of experience, so bitcoin is able to achieve what we want , in the long term bitcoin has come a long way. When the opportunity to buy exists, then do it, so that under normal conditions we can make big profits as we expected, it is possible that the new ATH achievement this year will come again.
Speaking of ATH then this is something which is unpredictable or simply no one really knows on what would happen in the future which means that even Bitcoin couldnt assure that it would last up forever but somehow we have seen on how it do able to remain on the top of the chain which it isnt surprising basing on that this had been the origin of cryptocurrencies.
People are way too optimistic that this coin/project would really last out for a while and even people believe that it could replace fiat which is impossible.In terms of investment then lots
had already been anticipating that it would really be good for long term holds which it had been able to prove it out.
That's the uniqueness of cryptocurrencies, no one can clearly say when the new ATH achievement will come, so it makes many people continue to be curious and waiting, in the long term there is a possibility that fiat money will be replaced, but I don't think this is really real, considering the concept crypto is not the main goal of it, to hold in the long term, I think Bitcoin, ethereum and BNB are more suitable, the rest do not have good potential for the long term, because in crypto anything can happen in the shortest possible time, but the three coins are different to the concept of development.

In my opinion fiat will never be replace by crypto since if government will find it a threat for sure they will stop crypto to rotate on their economy and most provably they will not allow it to disrupt their fiat currency by a foreign object. Maybe we can safely say they will make it as alternative so that we cannot see another announcement of bitcoin banning.

Also if you talk about coin which have good potential just add matic and sol since they also got good runs and most provably they will be inline with the coins you mentioned.

milewilda
legendary
Activity: 3094
Merit: 1127
Re: Market sentiments ?
February 17, 2022, 01:04:18 AM
#103
Quote from: ?? on ??
Quote from: Wawa2013 on February 15, 2022, 02:28:09 AM
Quote from: ?? on ??
Quote from: TravelMug on February 14, 2022, 11:38:00 PM
Quote from: STT on February 14, 2022, 07:56:22 PM
At present we've held ground, gone sideways if anything overall and above the 50 day average.  I think we remain bullish overall and far more positive then the previous regular decline, it was merely a rest stop in a bullish rally.
   We are below the weekly average but bigger then that is being above the 50 day.  I think if wanting to be cautious then waiting till we regain 43k roughly and then a greater acceleration should be observerable.

You are right, we've regain the $43k price level and so we keep our heads above the 50 day average again.

So I would say that it is a good sign that the bulls are still here in the market, maybe not as lively as before. But they are not giving up and could make a final push to $45k again next week.. That will be the target for now. It's the biggest barrier we have so far and we just had one attempt so far, it was a brief touch to $45k but then it retraces back to $43k'ish levels.
Price resistance is back on the normal path, although it has not yet reached the previous price, achieving the results of the correction is not only to reach a new ATH, at least making prices return to normal is more than enough, today when compared to 2 months ago, there is an increase Regarding price stability, $45k should be able to be maintained so that it doesn't go down further, I think in the future it will get better and wait for the actual price to reach.

We are grateful that the price of Bitcoin has shown an increase, although it is still far from the expected price. It takes patience to invest in Bitcoin,
we cannot generate profits instantly. But if we look at the price of such strong support, it looks like Bitcoin is not going to drop below $40k again.
As long as the Bitcoin price is stable above $40k, we shouldn't have to worry. Because slowly the Bitcoin price will be able to return to the ATH price.
What we need to do now is to be patient holding Bitcoin until the price target we want is achieved. For those who believe in the future of Bitcoin,
then it's only a matter of time to get big profits from Bitcoin, hopefully this year the price of Bitcoin can reach new ATH.
Almost 80% of people involved in crypto believe that the future of bitcoin is much better than other coins, that's why corrections need not be too afraid, the initial process of bitcoin's presence to date has seen a lot of experience, so bitcoin is able to achieve what we want , in the long term bitcoin has come a long way. When the opportunity to buy exists, then do it, so that under normal conditions we can make big profits as we expected, it is possible that the new ATH achievement this year will come again.
Speaking of ATH then this is something which is unpredictable or simply no one really knows on what would happen in the future which means that even Bitcoin couldnt assure that it would last up forever but somehow we have seen on how it do able to remain on the top of the chain which it isnt surprising basing on that this had been the origin of cryptocurrencies.
People are way too optimistic that this coin/project would really last out for a while and even people believe that it could replace fiat which is impossible.In terms of investment then lots
had already been anticipating that it would really be good for long term holds which it had been able to prove it out.
jaberwock
legendary
Activity: 2604
Merit: 1073
Re: Market sentiments ?
February 15, 2022, 04:39:29 AM
#102
Quote from: Wawa2013 on February 15, 2022, 02:28:09 AM
We are grateful that the price of Bitcoin has shown an increase, although it is still far from the expected price. It takes patience to invest in Bitcoin, we cannot generate profits instantly. But if we look at the price of such strong support, it looks like Bitcoin is not going to drop below $40k again.
As long as the Bitcoin price is stable above $40k, we shouldn't have to worry. Because slowly the Bitcoin price will be able to return to the ATH price.
What we need to do now is to be patient holding Bitcoin until the price target we want is achieved. For those who believe in the future of Bitcoin, then it's only a matter of time to get big profits from Bitcoin, hopefully this year the price of Bitcoin can reach new ATH.
Even if btc did not increase it was still a blessing and there would still be people that will feel grateful because those people wants stability or those people wanted to buy at a cheaper price. You are grateful because the price have increased, you should sell now. Do not say that you have more expectations to come because the blessings are going to be disappointed if you ignore it.

My grandparents always reminds me that, that we should ignore every blessing that will come whether it will be small or big because that's bad. In my case i have done my job of taking profits and now I am only waiting for the value to drop again to re buy.
Wawa2013
sr. member
Activity: 1666
Merit: 267
Re: Market sentiments ?
February 15, 2022, 02:28:09 AM
#101
Quote from: ?? on ??
Quote from: TravelMug on February 14, 2022, 11:38:00 PM
Quote from: STT on February 14, 2022, 07:56:22 PM
At present we've held ground, gone sideways if anything overall and above the 50 day average.  I think we remain bullish overall and far more positive then the previous regular decline, it was merely a rest stop in a bullish rally.
   We are below the weekly average but bigger then that is being above the 50 day.  I think if wanting to be cautious then waiting till we regain 43k roughly and then a greater acceleration should be observerable.

You are right, we've regain the $43k price level and so we keep our heads above the 50 day average again.

So I would say that it is a good sign that the bulls are still here in the market, maybe not as lively as before. But they are not giving up and could make a final push to $45k again next week.. That will be the target for now. It's the biggest barrier we have so far and we just had one attempt so far, it was a brief touch to $45k but then it retraces back to $43k'ish levels.
Price resistance is back on the normal path, although it has not yet reached the previous price, achieving the results of the correction is not only to reach a new ATH, at least making prices return to normal is more than enough, today when compared to 2 months ago, there is an increase Regarding price stability, $45k should be able to be maintained so that it doesn't go down further, I think in the future it will get better and wait for the actual price to reach.

We are grateful that the price of Bitcoin has shown an increase, although it is still far from the expected price. It takes patience to invest in Bitcoin,
we cannot generate profits instantly. But if we look at the price of such strong support, it looks like Bitcoin is not going to drop below $40k again.
As long as the Bitcoin price is stable above $40k, we shouldn't have to worry. Because slowly the Bitcoin price will be able to return to the ATH price.
What we need to do now is to be patient holding Bitcoin until the price target we want is achieved. For those who believe in the future of Bitcoin,
then it's only a matter of time to get big profits from Bitcoin, hopefully this year the price of Bitcoin can reach new ATH.
Mr.Scott
full member
Activity: 548
Merit: 107
Re: Market sentiments ?
February 15, 2022, 02:26:32 AM
#100
Quote from: TravelMug on February 14, 2022, 11:38:00 PM
Quote from: STT on February 14, 2022, 07:56:22 PM
At present we've held ground, gone sideways if anything overall and above the 50 day average.  I think we remain bullish overall and far more positive then the previous regular decline, it was merely a rest stop in a bullish rally.
   We are below the weekly average but bigger then that is being above the 50 day.  I think if wanting to be cautious then waiting till we regain 43k roughly and then a greater acceleration should be observerable.

You are right, we've regain the $43k price level and so we keep our heads above the 50 day average again.

So I would say that it is a good sign that the bulls are still here in the market, maybe not as lively as before. But they are not giving up and could make a final push to $45k again next week.. That will be the target for now. It's the biggest barrier we have so far and we just had one attempt so far, it was a brief touch to $45k but then it retraces back to $43k'ish levels.
The price prediction here is more accurate. I can totally see why. A fresh rally can only occur after Bitcoin clears $43,800.
But I won't say that this is a great chance to buy. Bitcoin is certainly regaining its losses and has been at or near $43k for a while now. A bounce from here is possible because Bitcoin begins its restoration, and BTC is testing. So far, BTC's move has truly impressed me.

Let's hope we can overcome the barrier!
TravelMug
hero member
Activity: 2632
Merit: 833
Re: Market sentiments ?
February 14, 2022, 11:38:00 PM
#99
Quote from: STT on February 14, 2022, 07:56:22 PM
At present we've held ground, gone sideways if anything overall and above the 50 day average.  I think we remain bullish overall and far more positive then the previous regular decline, it was merely a rest stop in a bullish rally.
   We are below the weekly average but bigger then that is being above the 50 day.  I think if wanting to be cautious then waiting till we regain 43k roughly and then a greater acceleration should be observerable.

You are right, we've regain the $43k price level and so we keep our heads above the 50 day average again.

So I would say that it is a good sign that the bulls are still here in the market, maybe not as lively as before. But they are not giving up and could make a final push to $45k again next week.. That will be the target for now. It's the biggest barrier we have so far and we just had one attempt so far, it was a brief touch to $45k but then it retraces back to $43k'ish levels.
STT
legendary
Activity: 3962
Merit: 1424
Leading Crypto Sports Betting & Casino Platform
Re: Market sentiments ?
February 14, 2022, 07:56:22 PM
#98
At present we've held ground, gone sideways if anything overall and above the 50 day average.  I think we remain bullish overall and far more positive then the previous regular decline, it was merely a rest stop in a bullish rally.
   We are below the weekly average but bigger then that is being above the 50 day.  I think if wanting to be cautious then waiting till we regain 43k roughly and then a greater acceleration should be observerable.
wxa7115
hero member
Activity: 2702
Merit: 704
Re: Market sentiments ?
February 14, 2022, 05:48:17 PM
#97
Quote from: milewilda on February 08, 2022, 04:58:40 PM
Quote from: wxa7115 on February 08, 2022, 03:45:46 PM
Quote from: Dave1 on February 02, 2022, 11:46:22 PM
I'm not a financial adviser, but if you have limited funds and have used it already then no need to buy more. Just buy if you have the money and don't force and make things complicated for you.

I mean if you buy like $40k, then just hold on those bitcoins and not sell (obviously you are at a loss if you sold today). And look at the future, in the next bull run your bitcoin is going to be worth more, just saying.
You are giving good advice but very few people are able to follow it, during the 2017 bull run there were many people that bought at the 19k level and then when the price began to go down they panicked and sold their coins.

Back then there were many posts like that and those that could see the big picture told those people to hold their coins and yet they did not, if they had held their coins even now they would have doubled their investment in just a few years, there are very few assets around the world that can do something like that, so while your intentions are good very few people wll follow your advice.
Only diamond hands would really able to profit out because they dont easily freak or panic out whenever they do see some declines.Although this would talk in test of faith because we cant be sure on
when recovery does happen which would be always a question if i would say and this had been always been the case or situation that we could see into this market.People would react directly on
what are the things they are currently experiencing or seeing and act directly without having those presumptions or thinking carefully whether its a right call or not.
I admit the requirements are on the high side when it comes to holding our coins when the market is going down, however the other option which is selling our coins for a loss is way worse, as once you sell and you leave this market behind there is no hope to recover the money you have lost during the bear market.

So while both options are hard the only one that offers the possibly to recover the money that has been lost is to hold our coins, which is why it is still kind of mystifying why so many people fail to see this when it is so obvious to us.
btc_angela
hero member
Activity: 2660
Merit: 551
Re: Market sentiments ?
February 09, 2022, 06:20:06 AM
#96
Quote from: cryptomaniac_xxx on February 09, 2022, 06:14:14 AM
Quote from: btc_angela on February 08, 2022, 11:00:25 AM
Quote from: Kemarit on February 07, 2022, 12:25:48 AM
Quote from: OgNasty on February 04, 2022, 05:12:23 PM
Market seems to be feeling really good all the sudden. I remain cautious for now. For the short term traders this has to be a sell point as we bang up against resistance. We’re close to a breakout though. One more leg up and I think this downtrend might finally be broken after 3 months of going straight down. Still too early to give the all clear sign, but it might be time to start getting those signs ready. I don’t think we’ll be seeing sideways action from here.

Yes, another spike in the last 24 hours pushing it to $42,000. I thought that it will go sideways at $41,000. But then again, Bitcoin market never ceases to pull surprises after surprises. When we thought that it will be this X direction, it suddenly goes on the opposite.

But we need to be cautious still, could be the some people are messing with us again this kind of fake break out and traps.

And yet we did see another increase making it to $45k although the price keeps hovering just on the $44k range. It's not that bad, and I agree that it is another surprise pulled by bitcoin market and it's supporters.

No dead cat bounce yet, and it the pattern continues, we might see it going to $50k. And that will be the biggest surprises for this month alone. And sentiments now at neutral level.

https://alternative.me/crypto/fear-and-greed-index/

The $45k jump was very quick as there are no volume to push or sustain it. As for the dead cat bounce, who knows, maybe it will start because bitcoin is down, but it's manageable at less than 1%. And I would say that this could cause some frenzy in the market again as people are expected a $50k rally because maybe some of them thought that we are in a bull run, but we are not. We are lucky if we are going to at least $44k at the end of the week.

Oh well, as you have said, there is no friction on that $45k price level that's why it went down very quick. But at least it settles around mid $43k and that is good enough for the market.

No more talking of what should be the lowest low for this year? Although it's too early, just maybe we can still get to that $50k. Maybe it's not this month, but the first quarter will be a good gauge to see where we are going for this year.
cryptomaniac_xxx
hero member
Activity: 1344
Merit: 540
Re: Market sentiments ?
February 09, 2022, 06:14:14 AM
#95
Quote from: btc_angela on February 08, 2022, 11:00:25 AM
Quote from: Kemarit on February 07, 2022, 12:25:48 AM
Quote from: OgNasty on February 04, 2022, 05:12:23 PM
Market seems to be feeling really good all the sudden. I remain cautious for now. For the short term traders this has to be a sell point as we bang up against resistance. We’re close to a breakout though. One more leg up and I think this downtrend might finally be broken after 3 months of going straight down. Still too early to give the all clear sign, but it might be time to start getting those signs ready. I don’t think we’ll be seeing sideways action from here.

Yes, another spike in the last 24 hours pushing it to $42,000. I thought that it will go sideways at $41,000. But then again, Bitcoin market never ceases to pull surprises after surprises. When we thought that it will be this X direction, it suddenly goes on the opposite.

But we need to be cautious still, could be the some people are messing with us again this kind of fake break out and traps.

And yet we did see another increase making it to $45k although the price keeps hovering just on the $44k range. It's not that bad, and I agree that it is another surprise pulled by bitcoin market and it's supporters.

No dead cat bounce yet, and it the pattern continues, we might see it going to $50k. And that will be the biggest surprises for this month alone. And sentiments now at neutral level.

https://alternative.me/crypto/fear-and-greed-index/

The $45k jump was very quick as there are no volume to push or sustain it. As for the dead cat bounce, who knows, maybe it will start because bitcoin is down, but it's manageable at less than 1%. And I would say that this could cause some frenzy in the market again as people are expected a $50k rally because maybe some of them thought that we are in a bull run, but we are not. We are lucky if we are going to at least $44k at the end of the week.
el kaka22
legendary
Activity: 3584
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
Re: Market sentiments ?
February 09, 2022, 06:03:03 AM
#94
Quote from: btc_angela on February 08, 2022, 11:00:25 AM
And yet we did see another increase making it to $45k although the price keeps hovering just on the $44k range. It's not that bad, and I agree that it is another surprise pulled by bitcoin market and it's supporters.

No dead cat bounce yet, and it the pattern continues, we might see it going to $50k. And that will be the biggest surprises for this month alone. And sentiments now at neutral level.

https://alternative.me/crypto/fear-and-greed-index/
We have reached that almighty 45k+ price but that was a short and temporary thing and then went down right afterwards. I assume that things are not as great as it used to be for all of us but it is also not looking too bad neither to be fair. I have to say that it is definitely something I can see happening, the price I mean, definitely not a dead cat bounce, it has reached 45k levels and during dead cat bounce it is a short one and usually fakes to go up and then drops down harshly.

We have already reached 45k, it may drop from here and it still wouldn't be a dead cat bounce for me because that had to be a lot earlier and not at this price and not this late. I would call this a bull run starting, an early stage, maybe we will fail and go back to bear run after this but I would call it "bull turned into bear" and not a dead cat bouncing for sure.
lizarder
hero member
Activity: 1554
Merit: 877
Re: Market sentiments ?
February 09, 2022, 05:29:09 AM
#93
Quote from: jashbir67 on January 21, 2022, 02:58:13 AM
Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?
I think there are activities that involve bad actors in manipulating, coupled with the market sentiment that led to such a huge price fall, these two things if you pay attention to have a relationship that affects the market continues to be corrected, but there has been little change in these two days in the market, Bitcoin has back on a good track even though it's not optimal, I think the correction will find a phase of change in the next month.
pooya87
legendary
Activity: 3472
Merit: 10611
Re: Market sentiments ?
February 09, 2022, 03:14:34 AM
#92
The recent jump should have proved how pointless it is discussing market sentiment on the internet when people always only tell you their wishes not their actual plans and sentiments. If we were to believe the statements price not only shouldn't have risen but also it should have gone down significantly which goes to show that people are always bullish on bitcoin and in times they are not, they are just waiting for a better opportunity to buy a lot of it to continue the bullish market.
milewilda
legendary
Activity: 3094
Merit: 1127
Re: Market sentiments ?
February 08, 2022, 04:58:40 PM
#91
Quote from: wxa7115 on February 08, 2022, 03:45:46 PM
Quote from: Dave1 on February 02, 2022, 11:46:22 PM
I'm not a financial adviser, but if you have limited funds and have used it already then no need to buy more. Just buy if you have the money and don't force and make things complicated for you.

I mean if you buy like $40k, then just hold on those bitcoins and not sell (obviously you are at a loss if you sold today). And look at the future, in the next bull run your bitcoin is going to be worth more, just saying.
You are giving good advice but very few people are able to follow it, during the 2017 bull run there were many people that bought at the 19k level and then when the price began to go down they panicked and sold their coins.

Back then there were many posts like that and those that could see the big picture told those people to hold their coins and yet they did not, if they had held their coins even now they would have doubled their investment in just a few years, there are very few assets around the world that can do something like that, so while your intentions are good very few people wll follow your advice.
Only diamond hands would really able to profit out because they dont easily freak or panic out whenever they do see some declines.Although this would talk in test of faith because we cant be sure on
when recovery does happen which would be always a question if i would say and this had been always been the case or situation that we could see into this market.People would react directly on
what are the things they are currently experiencing or seeing and act directly without having those presumptions or thinking carefully whether its a right call or not.
wxa7115
hero member
Activity: 2702
Merit: 704
Re: Market sentiments ?
February 08, 2022, 03:45:46 PM
#90
Quote from: Dave1 on February 02, 2022, 11:46:22 PM
I'm not a financial adviser, but if you have limited funds and have used it already then no need to buy more. Just buy if you have the money and don't force and make things complicated for you.

I mean if you buy like $40k, then just hold on those bitcoins and not sell (obviously you are at a loss if you sold today). And look at the future, in the next bull run your bitcoin is going to be worth more, just saying.
You are giving good advice but very few people are able to follow it, during the 2017 bull run there were many people that bought at the 19k level and then when the price began to go down they panicked and sold their coins.

Back then there were many posts like that and those that could see the big picture told those people to hold their coins and yet they did not, if they had held their coins even now they would have doubled their investment in just a few years, there are very few assets around the world that can do something like that, so while your intentions are good very few people wll follow your advice.
btc_angela
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Activity: 2660
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Re: Market sentiments ?
February 08, 2022, 11:00:25 AM
#89
Quote from: Kemarit on February 07, 2022, 12:25:48 AM
Quote from: OgNasty on February 04, 2022, 05:12:23 PM
Market seems to be feeling really good all the sudden. I remain cautious for now. For the short term traders this has to be a sell point as we bang up against resistance. We’re close to a breakout though. One more leg up and I think this downtrend might finally be broken after 3 months of going straight down. Still too early to give the all clear sign, but it might be time to start getting those signs ready. I don’t think we’ll be seeing sideways action from here.

Yes, another spike in the last 24 hours pushing it to $42,000. I thought that it will go sideways at $41,000. But then again, Bitcoin market never ceases to pull surprises after surprises. When we thought that it will be this X direction, it suddenly goes on the opposite.

But we need to be cautious still, could be the some people are messing with us again this kind of fake break out and traps.

And yet we did see another increase making it to $45k although the price keeps hovering just on the $44k range. It's not that bad, and I agree that it is another surprise pulled by bitcoin market and it's supporters.

No dead cat bounce yet, and it the pattern continues, we might see it going to $50k. And that will be the biggest surprises for this month alone. And sentiments now at neutral level.

https://alternative.me/crypto/fear-and-greed-index/
Kemarit
legendary
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Re: Market sentiments ?
February 07, 2022, 12:25:48 AM
#88
Quote from: OgNasty on February 04, 2022, 05:12:23 PM
Market seems to be feeling really good all the sudden. I remain cautious for now. For the short term traders this has to be a sell point as we bang up against resistance. We’re close to a breakout though. One more leg up and I think this downtrend might finally be broken after 3 months of going straight down. Still too early to give the all clear sign, but it might be time to start getting those signs ready. I don’t think we’ll be seeing sideways action from here.

Yes, another spike in the last 24 hours pushing it to $42,000. I thought that it will go sideways at $41,000. But then again, Bitcoin market never ceases to pull surprises after surprises. When we thought that it will be this X direction, it suddenly goes on the opposite.

But we need to be cautious still, could be the some people are messing with us again this kind of fake break out and traps.
bbc.reporter
legendary
Activity: 2982
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Re: Market sentiments ?
February 06, 2022, 10:32:18 PM
#87
Quote from: dezoel on January 31, 2022, 03:01:32 PM
Quote from: bbc.reporter on January 30, 2022, 11:32:05 PM

I have seen plenty of people who are wrong, but someone this wrong? I have never seen someone this wrong before. Subprime mortgages? So, investing into crypto is similar to investing into a layered and shitty mortgage loans filled asset?

Bankers saw mortgages as something solid and everyone always pays and gathered all the bad default rated loans together and bought them in thousands together in a single paper and now they are saying that crypto is similar? How?? This guy is an idiot, there is absolutely no resemblance at all, just because bitcoin went up so much and at a high price right now (even after the fall) doesn't mean that it resembles every single bubble in the history.

However, he is not wrong because the bull market of bitcoin and the cryptospace is also the product of speculation and leverage, very much similar to subprime mortgages. We have to accept reality that adoption did not pump bitcoin from $3k to the all time high, it was leverage. Do you know how much USDT was borrowed by assumed market makers? The word market maker in this article was also used to categorize venture capital firms that have their self interest for profit, similar to Alameda Research hehehe.



Source https://protos.com/tether-papers-crypto-stablecoin-usdt-investigation-analysis/
OgNasty
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Re: Market sentiments ?
February 04, 2022, 05:12:23 PM
#86
Market seems to be feeling really good all the sudden. I remain cautious for now. For the short term traders this has to be a sell point as we bang up against resistance. We’re close to a breakout though. One more leg up and I think this downtrend might finally be broken after 3 months of going straight down. Still too early to give the all clear sign, but it might be time to start getting those signs ready. I don’t think we’ll be seeing sideways action from here.
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