Roller coasters!!! - page 7. | Bitcointalksearch.org

ven7net

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

Indeed, the crypto market is now similar to a rollercoaster and this is primarily due to the situation in the world. In this case, I mean problems both in the economic and financial sectors. And as you know, at the beginning of problems in the financial sector, many investors try to either take profits or go into cash, a few try to maneuver the market in one direction or another. It is all these processes that make the market roller coaster. As for the whales and major players, I believe that they are also at least watching the whole process, and maybe even partially taking part in it.

TheGreatPython

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Quote from: LogitechMouse on July 07, 2022, 01:31:02 AM

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

Ohhh I thought that the word "whale" will not be used now as I've not heard that term anymore.
Well, lets not blame the whales here or those large traders and institutions.

However, I know that the market is volatile in nature but right now, I don't see any roller coaster movement especially with Bitcoin who is right now sitting at around the $19,000-$20,000 price range. It is moving sideways for about a week already and I'm curious into which direction will it go but with what is happening worldwide, there is a chance that it might go down even lower than $17,000 which is the recent lows.

It is still being used mate although not active as before, maybe that's because the current situation is not caused by the whales anymore. The popular terms that we are seeing nowadays are those "fed", "inflation", and "crisis". There maybe more but I forgot them for now. The reason why people put the blame on whales is because they think they are manipulating the market. They sure do it but aren't we benefiting for that?

It's already our fault if we can't get a good timing and then we lose our money but again it must be our responsibility because we know that this market is very risky and yet we insist to enter and invest. Btc is being stable so you are right, there's no roller coaster but maybe for eth and other cryptos only.

isaac_clarke22

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Quote from: LogitechMouse on July 07, 2022, 01:31:02 AM

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Yeah that word kind of really becomes a common wording these days especially that we are already in the bearish market. One should not be worried anyway if there were whales manipulating the market right now. If you are a strong holder then you should not worry about a single thing unless you were holding a shitcoins which in real life, you would not want to hold shit anyways, lol.

Bitstar_coin

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Well it is hard to say the opposite or deny that some big players don't have influence over the price. You know I also sometimes wonder what is the real reason behind the extensive drop in price during the bear period. It feels like a high percentage of investors suddenly lose interest in btc and start selling. No matter how one try to brainstorm over it, i doubt there is a clear explanation to bear market. But you can look on the bright side of this bear period and take advantage if you can afford to do so.

tbterryboy

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Quote from: CuriousGeorge on July 06, 2022, 06:12:47 PM

couldn't really call it a rollercoaster since the real rollercoaster of a cryptocurrency market has occured at around luna crash.
currently it's just floating around 19k - 20k and it's definitely normal, even at bullish things like this also occured.
though most of altcoins right now are indeed having high volatility that the movement of their value varies a lot like celcius

I think the luna crash do also qualify for the term roller coaster but btc is more fit to this since we all see how btc price keeps on changing, going up and down from 19k to 20k and vice versa. There are times it goes down below 19k and above 20k which represents like a real roller coaster because it goes slowly at first then you will be surprised later on that the movement is going fast and more intense.

We think the range 19k and 20k is normal for btc, that's because we are already use this. How many months now have passed since we first started to hit those value's? I even almost for got it. A bullish market works differently. Price usually increase non stop and rarely became stable.

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

Well it is what it is. Ever since the crypto market was introduced, it’s expected to be a roller coaster ride for us just like stocks. We don’t expect the chart to always go up or down. There is no crypto market if we always see gains and not losses.

We just have to accept the fact that every position has an opportunity. Like for example, if you are hoping to buy Bitcoin at a discounted price, then you may want to see the market go down a bit until it finally reaches your targeted buying price.

Not every bear market trend is always negative. It’s also an opportunity for buyers who wanted to buy it cheap for so long. So let’s just enjoy this roller coaster ride until now and just invest and trade an amount that we can afford to lose.

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Quote from: danherbias07 on July 07, 2022, 12:10:33 AM

I wish we know but that will take out the volatile market of Bitcoin. The less we know the better.
For me though, this is a combination of whales trying to maximize Bitcoin accumulation in a bear market and the panic of small investors.
We just have to be patient on when the big bag holders will buy it back and the small investors to afford it again after recovering from an economic collapse.
It's not a roller coaster anymore, it's stagnant. It's like every investor is waiting for another dump before the buyback.

We hope to be able to follow the movement of the whales in selling or buying bitcoins so that we can profit like them. It doesn't matter if the profits that we get with the whales are smaller than theirs because our funds are also not as big as theirs. As long as we can profit many times, it is enough for us because we can collect more money and also have a lot of bitcoins. Patience is how we survive in every situation, and it is the key used by many people to get out of difficult situations.

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

Ohhh I thought that the word "whale" will not be used now as I've not heard that term anymore.
Well, lets not blame the whales here or those large traders and institutions.

However, I know that the market is volatile in nature but right now, I don't see any roller coaster movement especially with Bitcoin who is right now sitting at around the $19,000-$20,000 price range. It is moving sideways for about a week already and I'm curious into which direction will it go but with what is happening worldwide, there is a chance that it might go down even lower than $17,000 which is the recent lows.

worle1bm

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Quote from: cryptoaddictchie on July 06, 2022, 10:48:50 AM

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

Probably yes but we can also noticed that some big players or institution are running out of funds and muat be due to some of their loans which run out of juice. Also there are some who take profits too and add more panic sellers who sold due to the recession that are happening and will be happening.

Yeah like the recent case of Voyager capital going insolvent will further put the negative effect on prices with positions going liquidated so what can you do in these scenarios? Whales can't control these movements and traders have to suffer but we need to be patient in order to get profits back after the market recovery.

danherbias07

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I wish we know but that will take out the volatile market of Bitcoin. The less we know the better.
For me though, this is a combination of whales trying to maximize Bitcoin accumulation in a bear market and the panic of small investors.
We just have to be patient on when the big bag holders will buy it back and the small investors to afford it again after recovering from an economic collapse.
It's not a roller coaster anymore, it's stagnant. It's like every investor is waiting for another dump before the buyback.

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Quote from: WalkerIVIV on July 06, 2022, 07:17:36 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, what they do is to wait for moments in which the market may be headed in a direction and then they amplify those movements with their influence, and if to this we add that people use too much leverage this means that as soon as there is a large movement that runs against most of those traders then we get a domino effect in which they get margin calls, their positions are closed, the price drops and then this generates even more margin calls, making the price to crash at an impressive speed and allowing them to buy extremely cheap coins for a time.

WalkerIVIV

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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.

Baofeng

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Quote from: CuriousGeorge on July 06, 2022, 06:12:47 PM

couldn't really call it a rollercoaster since the real rollercoaster of a cryptocurrency market has occured at around luna crash.
currently it's just floating around 19k - 20k and it's definitely normal, even at bullish things like this also occured.
though most of altcoins right now are indeed having high volatility that the movement of their value varies a lot like celcius

Still is, if you look at the last all time high and where we are right now. Few recoveries in Feb and March and then going down April-June.

As for the manipulation, whales have been in the market for so long that maybe they have control of it. Although one can argue that as the market gets bigger, the more difficult it will be for them influence. But what they do might really affect the price if you see big sell orders in an exchange or some social media highlighted that there is a huge movement like withdrawal. I believed that they are and will be some super whales that are going to do this to have the upper hand and make more money.

CuriousGeorge

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couldn't really call it a rollercoaster since the real rollercoaster of a cryptocurrency market has occured at around luna crash.
currently it's just floating around 19k - 20k and it's definitely normal, even at bullish things like this also occured.
though most of altcoins right now are indeed having high volatility that the movement of their value varies a lot like celcius

cryptomaniac_xxx

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

We can only speculate that the whales are playing the market right now. However, they have to be very big to pull that off. So it could be the whales and then the speculators and day traders. The market though is very volatile that's one nature of crypto, as it is decentralized, anyone can do whatever they want.

So I suggest that you understand it and instead like 'complaining', then learn how to deal with it and take advantage of the situation.

zonefloor

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A single big investor cannot control such a large market. Let's say that all the money belongs to him, so where is the profit he will earn. Therefore, the market can be controlled by the money flow of many people. But I don't think big investors play much of a role right now. Because the world is in a crisis in general, and investors are panicking and selling their cryptocurrencies, causing the market to fluctuate. In short, in my opinion, not only the crypto money market but all economic activities are in trouble because there is a financial crisis around the world right now.

isaac_clarke22

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Quote from: Wiwo on July 06, 2022, 02:35:07 PM

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To be honest looking at it, you could be right. I had seen a lot of altcoins that still somehow just went below their lowest even if Bitcoin was like in its highest. Kind of weird, but what would you expect anyway from shitcoins, lol.

I never expected these shitcoins anyway to even recover in the slightest bit.

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

They are not controlling it, its the traders who moves the market and of course we are still on a bear market so we can expect more volatility here. Traders makes a lot of money from this roller coaster ride, its a good pump and dump and if you are able to ride of those trend, then you can be able to earn some money. Whales on the other hand are just doing their best to protect their money, and we can also expect that some of them are really playing with the market right now to earn some money as well.

Wiwo

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We are not supposed to expect anything more than what we are seeing presently, the altcoin market is highly volatile more volatile than Bitcoin, and other assets in the market, and some have gone from 100 to zero which goes a long way to show how vulnerable the altcoin liquidity is. But then the real rollercoaster is the fact that if you monitor the market for over a long period you may be able to jump in at the right time because the altcoin market is fast as a wave it can give you 100x profits and at the same time crash like a pile of cake under fire.

isaac_clarke22

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Welcome to the market, OP. It is a rollercoaster ride and once you get used to it, you might not even bother mentioning it ever again since the market is naturally volatile anyways.
Just hold your Bitcoin and Ethereum if you are currently holding one, and for shitcoins, I am not really sure though.

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