Roller coasters!!! - page 6. | Bitcointalksearch.org

Xal0lex

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Quote from: bakasabo on July 14, 2022, 04:59:27 AM

Would be interesting to see what kind of roller coasters there will be, when there are not bitcoin sellers left and there are only holders that waits for price to get back to $67k. What will happen then? Whales will trade with each other? Or trades graphs will be like a straight line, when bots do sell 1 BTC/ buy 1 BTC.

When only the most convinced investors remain and there is no more selling pressure, growth will begin, and retail investors will follow, buying up the asset at any price. The market will never be without speculators, especially in the extremely volatile market that cryptocurrency creates. Retail investors just need a reason and a direction set by someone, and they will create demand immediately.

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Quote from: Jackl87 on July 06, 2022, 08:01:27 AM

Quote from: rokok lokal on July 06, 2022, 07:42:26 AM

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The market really is quite volatile and unstable in the last couple of weeks and months. I doubt though that there are single whales responsible for this. I think that Bitcoin and Ethereum for example have become so big in the last few years that it is almost impossible for a whale or for a handful of whales to manipulate the price of this projects. What really brought the market down to todays level was the collapse of Terra Luna two months ago in my opinion because it was totally unexpected for most people that a top 10 project in terms of marketcap could collapse so fast and easily and since then the crypto space is full of fear and uncertainty.

It's part of the market, after hitting our ATH in late 2021, we entered a bear market. The market become more chaotic after the sudden collapse of Luna and then a series of lending platforms and the collapse of large investment funds like 3AC, most recently Celsius, after paying off all its debt to investors also filed for bankruptcy yesterday. It must be said that the market is in a period of extreme fear.

sulendra12

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Quote from: rokok lokal on July 06, 2022, 07:42:26 AM

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The whalers do affect the market most but the regular traders also take a part in the roller coaster event even with just smaller amount of money. It might not get affected that big compared to whalers but sure the amount of volume you invest is included in total volume of trade so indirectly you are taken a part into it. It's really nice to get profit from this event tho Grin

virasisog

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Quote from: Saisher on July 14, 2022, 08:48:59 AM

Quote from: rokok lokal on July 06, 2022, 07:42:26 AM

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The whales may have something to do with it, but the main reason why we have this roller coaster situation is the news that's happening around us, one of the reasons why investors lose their confidence in the market is the many scams and what happened to LUNA, investors are losing money and there are many FUDS going on right now in fact the Bitcoin crash keyword is the trending topic in the internet.

The news trend as well as the events around the globe including wars and inflation really have a huge effect on the world of crypto and whales can't control the market though they can make a difference in its movement. FUD and coins feedbacks can literally make investors decide whether to invest more or to pull out. Everything relies on what's happening in the environment and what's on trend. Lots of aspects are now affecting the prices so we should expect more in the coming days.

btc_angela

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Quote from: Saisher on July 14, 2022, 08:48:59 AM

Quote from: rokok lokal on July 06, 2022, 07:42:26 AM

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The whales may have something to do with it, but the main reason why we have this roller coaster situation is the news that's happening around us, one of the reasons why investors lose their confidence in the market is the many scams and what happened to LUNA, investors are losing money and there are many FUDS going on right now in fact the Bitcoin crash keyword is the trending topic in the internet.

Not just the whales though, probably it's with the retail investors or combination of both. The market is really on a roller coaster starting this year and it's really hard to understand where the price is going to be, at least at the end of the year because of so many things that may have affected the price. Like the Luna, and then we have hacks around dampening the faith of crypto investors. And still the war in the background. So many things that can contribute to the bitcoin crash that we are experiencing.

Saisher

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Quote from: rokok lokal on July 06, 2022, 07:42:26 AM

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The whales may have something to do with it, but the main reason why we have this roller coaster situation is the news that's happening around us, one of the reasons why investors lose their confidence in the market is the many scams and what happened to LUNA, investors are losing money and there are many FUDS going on right now in fact the Bitcoin crash keyword is the trending topic in the internet.

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The market will always be like that and will not stand still because many traders are buying and selling, making the price change. And it looks like the market will continue to experience ups and downs like a rollercoaster and we must be observant to be able to enter the market on time so that we can do something well. Now we are at the weekend and the market will likely move again but unfortunately, we do not know where it will move.

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Quote from: bakasabo on July 14, 2022, 04:59:27 AM

I've been observing this roller coaster for a long time. Down on the start of the week, up on Fridays. If this continues, I think I am gonna start thinking about risking some amount and do weekly trading.

A good market observation could lead to something creating good TA as well.
I also observe that kind of market changes, in fact, I'll take that opportunity and this volatile nature of the market is the only way we could still make a profit despite the bear market condition. Earning isn't impossible, we only need to act wisely and do a smart decision upon doing TA.

Buy, hold, and sell/trade...it is a repetitive action following the market movement.

bakasabo

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Would be interesting to see what kind of roller coasters there will be, when there are not bitcoin sellers left and there are only holders that waits for price to get back to $67k. What will happen then? Whales will trade with each other? Or trades graphs will be like a straight line, when bots do sell 1 BTC/ buy 1 BTC.

I've been observing this roller coaster for a long time. Down on the start of the week, up on Fridays. If this continues, I think I am gonna start thinking about risking some amount and do weekly trading.

Reid

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We don't know. It could be retail buyers who are selling and the panic starts getting in the skin of every investors and sold their assets.
This is not new as we have seen it before when the price of Bitcoin dropped at $3k back 2019.
It's actually not that bad of a bear right now just dropped 60-70% after ATH while before it was almost 90%.
If we can stay at this price and become the new bottom then even altcoins are in good position already, that's if you bought before the big pump happened last year.

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Quote from: rokok lokal on July 06, 2022, 07:42:26 AM

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

what's happening now IMO the impact of global economic conditions has resulted in the collapse of the crypto market, so if the whales have control over the current downturn it's very small they don't have enough power to manipulate it all the time. The collapse of global markets and the global economic situation prompted many people to stop their activities in any investment and choose cash options. The downturn in the crypto market will continue even deeper especially if more bad news comes out.

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Quote from: AmoreJaz on July 09, 2022, 05:55:35 PM

these whales even if they have large amount of holdings indeed can't manipulate the market. they can create temporary movements but it won't be significant. this roller coaster ride is a combination of so many factors, hence, we can't pinpoint those factors that are influencing the market. there are so many metrics and yet, no one is really successful in using those metrics to know what's next. but we can always speculate or predict so we know what to do with our portfolio.

For the last one day were are more in stagnancy than roller coaster. Price is going between 19.9 to 20.1k USD and not moving too far from the average.

A lot of factors come into play here. One big factor is the lack of impactful positive news at the moment to drive the market upwards. In the lack of such the market can still go up if some big players buy bitcoin in the same time - which is absurd to think of in the first place.

Right now, buying or selling should be kept on hold and observation should be done. Overall local country markets are in a downtrend too.

Iyeman

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the market movement kinda volatile because we are in such a massive down trend, right now the current price for the most of the coins could be going downhill like quite literally every day.
this is also the reason that so many people says accumulating at this downtrend is like catching a falling knives because we don't really know which correction gonna be the bottom of the this downtrend.

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Quote from: eaLiTy on July 09, 2022, 04:38:21 PM

Quote from: rokok lokal on July 06, 2022, 07:42:26 AM

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

You can take any metric to analyze the current market trend, the fact is that no single entity could control the market and it is evident as institutional investors are at a huge loss who invested billions and if it was that easy to control the market they would have done that. Every rally has to end and you end up having a bear market for a while, survive and keep on accumulating for the next rally should be the aim if you are looking forward to make profit in this market.

these whales even if they have large amount of holdings indeed can't manipulate the market. they can create temporary movements but it won't be significant. this roller coaster ride is a combination of so many factors, hence, we can't pinpoint those factors that are influencing the market. there are so many metrics and yet, no one is really successful in using those metrics to know what's next. but we can always speculate or predict so we know what to do with our portfolio.

eaLiTy

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Quote from: rokok lokal on July 06, 2022, 07:42:26 AM

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

You can take any metric to analyze the current market trend, the fact is that no single entity could control the market and it is evident as institutional investors are at a huge loss who invested billions and if it was that easy to control the market they would have done that. Every rally has to end and you end up having a bear market for a while, survive and keep on accumulating for the next rally should be the aim if you are looking forward to make profit in this market.

Cling18

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The whales can affect the prices but they can't completely manipulate top coins like BTC and ETH. There are lots of aspects that make the market too volatile. The daily activities of traders and investors usually affect the market. Whales play a vital role in the crypto world but they can't control the market despite having billions of funds. The market will always be like a roller coaster ride and we should just deal with it.

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Quote from: WalkerIVIV on July 09, 2022, 09:53:46 AM

Quote from: South Park on July 07, 2022, 12:49:19 AM

Quote from: WalkerIVIV on July 06, 2022, 08:17:36 PM

The whales have very big influence to the market. They have bunch of money. I know that people may call that as roller coaster caused by the price has plunged so fast from the top to the bottom in a few months or around a half of a year. The whales are also making people with low amounts of money being scared as well. Think about that. The whales with thousands of bitcoin can make the market get disaster if the whales were dumping all of its bitcoin at once.

The whales are in fact very influential but at the same time they cannot manipulate the market at will,

that means also if they were influencing the price of crypto. I meant the manipulation is not always about pumping the price and then make it down again. Sometime adding more fear to the market was also can be called as manipulation by the whales. The whales have very big power to influence the price of crypto. it can be seen easily how it can drive people to buy or even sell by doing various things.

Doing an artificial movement from both sides of the market is also part of the participation of whales,

Though I'm more to that part where you mentioned that they created fear and also greed for the market, those factors

can't be denied that there are bag-holders who are trying to influence the market and they are more on seceding from how they

orchestrate their actions and make a more decent amount of profits.

Xal0lex

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Quote from: rokok lokal on July 06, 2022, 07:42:26 AM

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

What bitcoin & ethereum price control are we talking about? Bitcoin & ethereum do not control anything in a bear market. They, like other assets, are also affected by the U.S. Federal Reserve's decisions to reduce inflation. Because of the outflow of liquidity, many markets, including the risky cryptocurrency market, are exposed to cash outflows and this leads to lower coin prices. We should wait for their hawkish policy to change to a dovish policy so that markets can start pumping up liquidity again.

pawanjain

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Whales are definitely there in BTC and ETH market but it doesn't mean that their influence will large impact the price of bitcoin or ethereum.
Ofcourse many people hold large amounts of BTC and ETH but at the same time the marketcap is huge enough to not make very huge difference.
It might create a spike then and there and they might be able to create a minor dump but what happens at such huge levels are not manipulations afterall.
We need to see the charts at higher time frame to indicate whether it is a manipulation or a trend reversal.

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Quote from: South Park on July 07, 2022, 12:49:19 AM

Quote from: WalkerIVIV on July 06, 2022, 08:17:36 PM

The whales have very big influence to the market. They have bunch of money. I know that people may call that as roller coaster caused by the price has plunged so fast from the top to the bottom in a few months or around a half of a year. The whales are also making people with low amounts of money being scared as well. Think about that. The whales with thousands of bitcoin can make the market get disaster if the whales were dumping all of its bitcoin at once.

The whales are in fact very influential but at the same time they cannot manipulate the market at will,

that means also if they were influencing the price of crypto. I meant the manipulation is not always about pumping the price and then make it down again. Sometime adding more fear to the market was also can be called as manipulation by the whales. The whales have very big power to influence the price of crypto. it can be seen easily how it can drive people to buy or even sell by doing various things.

Topic: Roller coasters!!! - page 6. (Read 1212 times)