The bitcoin price increased from 6000 to 7400 USD in just 1-2 days.This is a huge price increase,but all the newbies kinda expect the price to rise by 1000 USD everyday,because they are expecting it to reach the last ATH for just one week(which is close to impossible).Just stop talking and expecting the price to boom,explode,skyrocket,go to the moon and other type of crypto hype.The days of big bitcoin hype are gone.
Topic: Re: Market goes back to red when we expect the start of a boom? (Read 149 times)
maybe your expectations of the market were unrealistic. have you ever considered that?
for instance most of the people I see these days on bitcointalk are expecting bitcoin to either get dumped hard to $3000 or pumped hard to for instance $50k in the next 5 months! well that is simply not going to happen. and that is a good example of unrealistic expectations out of the market.
bitcoin doesn't have to have a "boom" every day as you expect. having a more stable market and a slow rise is also a part of the market and it actually is happening right now and has happened in the past many times before.
for instance most of the people I see these days on bitcointalk are expecting bitcoin to either get dumped hard to $3000 or pumped hard to for instance $50k in the next 5 months! well that is simply not going to happen. and that is a good example of unrealistic expectations out of the market.
bitcoin doesn't have to have a "boom" every day as you expect. having a more stable market and a slow rise is also a part of the market and it actually is happening right now and has happened in the past many times before.
I think you got your answer less than a week after you asked the question.
The nature of the price is volatility so you can’t say that " it will always be low and vice versa."
Do not despair if the decline continues for long periods of time soon the price will rise again only be patient and do not sell "only when you get the profit planned."
Remember the price was about $ 1000 a year ago
The nature of the price is volatility so you can’t say that " it will always be low and vice versa."
Do not despair if the decline continues for long periods of time soon the price will rise again only be patient and do not sell "only when you get the profit planned."
Remember the price was about $ 1000 a year ago
The market needs to adjust to keep rising
It seem each time we are expecting the market to take a final lap towards a boom,we get a price pull back, Is it the bullish market going to start when we least expect it?
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