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Topic: So many good news but Market and coins don't go up - page 6. (Read 1111 times)

member
Activity: 742
Merit: 30
Why coins not going up ?
If good news coming then price should follow instantly.
When there is good news i go Long position been waiting all day long and nothing.

Also the traders who post their ideas non of the signals don't move whats going on ?
It's imposdible to make any money in this Market
Somebody need to put money in it's fruturating like this.

That is not the case in Bitcoin market, when we get good news, it has to cover up for the effects the bad news has already did to the market before it has its own effect that can pump the coin again. But if you look how the bear market is now, you will notice that once there is a good news and it has started having effect then another bad news will just come again, this is the reason why the bear market is still here.
legendary
Activity: 2660
Merit: 1141
In our daily lives and in our neighborhood we understand that bad news flies more than good news.
Someone might give birth and no one will be aware in the neighborhood but immediately a neighbour dies the information will go around and people will murn.
That is how it works in nature even here in the cryptocurrency industry. Whenever there is a bad news in the industry it will affect the market drastically but for a good news to overturn the market, the weight of the news need to be very heavy. I doubt that such a news that will overpowere FTX bankruptcy will suffice this time around. Our hope is just the 2024 halving
I didn't expect FTX to have such a severe impact on the crypto industry that it would cause the bitcoin price to maintain a bearish trend. The industry is only getting better with more adoption, but it's clear the ride isn't going to be as smooth as one might hope. If FTX doesn't fail, then there's always a chance that other news will impact the market. But if you are really positive about crypto, then this has to be the best moment to enter the market.

After all, halvings may not be the only savior for the market, but there are always many other things that will be able to move investors or traders into the market.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
Re: So many good news but Market and coins don't go up


In our daily lives and in our neighborhood we understand that bad news flies more than good news.
Someone might give birth and no one will be aware in the neighborhood but immediately a neighbour dies the information will go around and people will murn.
That is how it works in nature even here in the cryptocurrency industry. Whenever there is a bad news in the industry it will affect the market drastically but for a good news to overturn the market, the weight of the news need to be very heavy. I doubt that such a news that will overpowere FTX bankruptcy will suffice this time around. Our hope is just the 2024 halving
hero member
Activity: 3010
Merit: 794
To be honest, I don't see why Bitcoin should start pumping right now, when there is so much bad news. I'm just curious where the OP got the good news. It would be more specific with the reference. So we can acknowledge how positive the news is. We saw a couple of bad news stories in a short period of time, such as the Luna and FTX drama. So the market is still suffering as a result of these two components of bad news. And I rarely see good news, but when I do, it is too weak to see the market recover.
Even having bad news doesnt mean that it would dump.It could or can decrease without any news around and that what makes it unpredictable.Its true that it is really hard to presume out that we would be having a

bull run,considering that we are wrapped with very negative incidents and issues that we are currently facing.So i dont see an enough reason for some catalyst on making the market increase out.

@OP, where and what are the good news that you had able to read upon? Seems like i had just missed out on reading those or i wasnt really
that updated nor aware about on those things itself.
legendary
Activity: 2394
Merit: 2223
Signature space for rent
To be honest, I don't see why Bitcoin should start pumping right now, when there is so much bad news. I'm just curious where the OP got the good news. It would be more specific with the reference. So we can acknowledge how positive the news is. We saw a couple of bad news stories in a short period of time, such as the Luna and FTX drama. So the market is still suffering as a result of these two components of bad news. And I rarely see good news, but when I do, it is too weak to see the market recover.
member
Activity: 210
Merit: 22
Why coins not going up ?
If good news coming then price should follow instantly.
When there is good news i go Long position been waiting all day long and nothing.

Also the traders who post their ideas non of the signals don't move whats going on ?
It's imposdible to make any money in this Market
Somebody need to put money in it's fruturating like this.


At this time there is no any goods news for all because recently FTX coin crashed it's price go down and also FTX exchange crashed. There is no good news but waiting for good news in future. When market will turn into green and price of altcoins will go up. Waiting for this moment.
hero member
Activity: 1484
Merit: 928
See if you are saying about little investment into the market or El Salvador putting one bitcoin daily then frankly saying we don't have any good news in the market at all but we are in red circle at this time if you are actually looking at the charts and people have lost million of dollars with the current crash and you are saying we have good news and that also so many? So do you care to validate your statement
El Salvador buying one bitcoin daily is also a good news but I don't think that kind of news can move the market, it's also a good news but it's not strong enough to pump bitcoin price. Bitcoin might be down for now but when it's time for bitcoin to start moving upward it will definitely do, I believe their will soon be some news that will be able to pump back bitcoin but for now let's enjoy the bear market, let's use the bear market opportunity to accumulate more bitcoin and let's hope everything is going to bounce back very soon.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
What is the good news you just heard, if I haven't missed any news then in the past 1 week since FTX crashed, no good news has been released. all market news is focused on FTX and its demise and all is negative news.

We are still in a bear market so no matter how good the news is, be careful and don't expect too much. Sometimes the news that comes out is just legitimizing the price, not necessarily the news that will make an impact on the market. Don't trade on news alone, combine it with technical analysis.

On the contrary technical analysis will be difficult to combine with news but it can only help to give you the spate that bear can go because we still at the bear market. FTX crash is likely to continue the bear beyond the time it was suppose to last. We are approaching the end of the season and the market can go either way because of the rush. Technical analysis don't usually work during rush season.

We need to combine a lot of factors to come to a final conclusion, everything helps us to make predictions, there is no guarantee that when you do technical analysis, everything will turn out exactly as you see it and news too, not always good news helps the market move well. That's why we always say that the market is unpredictable.

I have a few friends who say that this market does not follow the law of supply and demand, it is being manipulated, so analysis is useless. If you want to make money, swim with the sharks, sometimes I find them right.
hero member
Activity: 1974
Merit: 534
quote author=Fullbear2222 link=topic=5421581.msg61303608#msg61303608 date=1668636353]
Why coins not going up ?
If good news coming then price should follow instantly.
When there is good news i go Long position been waiting all day long and nothing.
[/quote]

What good news are you referring to, did I miss something this week? After the FTX bankruptcy I don't think we have a lot of good news happening. Buying right now is not a bad idea, the prices are very low right now for Bitcoins and most alt coins. The problem is that we don't know when prices are going to rise again. In my opinion it's not the right time to expect big price increases. It sounds a bit like you expect to prices rise to 25k USD again based on one or two good news? There is a lot of anxiety in the market right now and investors are cautious to see what is going to happen. Hopefully you didn't use leverage for your positions so you don't get knocked out too early. With the high volatility in the market right now we need to be more defensive and not expect a new trend in a single day. The year is almost over, christmas is around the corner and investors don't to finish the year in the deep red, better to be a bit defensive right now.    
sr. member
Activity: 2436
Merit: 455
Bearish market ain't over yet, that's why the whole market are flooded with red candles. Hurrying won't do anything good, you're just gonna give a lot of stress to yourself. Bull market will come, that's for sure, it's all about perseverance and a lot of patient on waiting, if you got bored and did panic sell, you lose, simple as that. If you're a hodler and does have plenty of funds, this is a good opportunity of buying dips to be profitable in long term.
hero member
Activity: 3010
Merit: 666
In fact, if there is good news somewhere, there is very little of it, because lately we only see how big projects go bankrupt. This happens gradually, and thus the market does not have time to recover, as again we are presented with new bad news. The market will not be able to start growing as long as this continues and perhaps all this happens for some reason, there are reasons for everything, someone benefits from it.

But what I see is more on bad news which affecting more on the dump more. It looks like the good news that OP has read/seen is likely people are just ignoring it for it is possible that it never give a huge impact on the market and any interest. But, we also have to consider in the situation which we are in the bear season and no matter how many good news we see seems it never influences the price trend but it keeps panicking sellers weighing more on the negative side and continue selling.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
In fact, if there is good news somewhere, there is very little of it, because lately we only see how big projects go bankrupt. This happens gradually, and thus the market does not have time to recover, as again we are presented with new bad news. The market will not be able to start growing as long as this continues and perhaps all this happens for some reason, there are reasons for everything, someone benefits from it.
full member
Activity: 1834
Merit: 166
See if you are saying about little investment into the market or El Salvador putting one bitcoin daily then frankly saying we don't have any good news in the market at all but we are in red circle at this time if you are actually looking at the charts and people have lost million of dollars with the current crash and you are saying we have good news and that also so many? So do you care to validate your statement
sr. member
Activity: 2506
Merit: 368
I don’t see any good news at present. If we don’t hear good news about crypto, we should wait and keep patience. I don’t see the crypto which isn’t moving this month. Late December or 2023 will be good for us.
Maybe he's talking about the altcoins market but most of those news are just to hype the market but nothing essential in those messages. In Bitcoin market it's rather different since most news are about FUD that would cause a panic and it keeps coming so the price will keep on declining. It's hard to make an assumption or prediction these days since we never know what will happen next or in the future. The best that we can do is just to wait and see and maybe we gotta see some pump that would move beyond $20k.
hero member
Activity: 2730
Merit: 632
What is the good news you just heard, if I haven't missed any news then in the past 1 week since FTX crashed, no good news has been released. all market news is focused on FTX and its demise and all is negative news.

We are still in a bear market so no matter how good the news is, be careful and don't expect too much. Sometimes the news that comes out is just legitimizing the price, not necessarily the news that will make an impact on the market. Don't trade on news alone, combine it with technical analysis.

On the contrary technical analysis will be difficult to combine with news but it can only help to give you the spate that bear can go because we still at the bear market. FTX crash is likely to continue the bear beyond the time it was suppose to last. We are approaching the end of the season and the market can go either way because of the rush. Technical analysis don't usually work during rush season.
As possible then it would be that good if you do apply both technical and fundamental analysis.Things becomes hard is on when that both things could really make out different signals or hints
whether they are on bearish or bullish sentiment which it would really be opposing and that what makes your mind boggle on where prices could actually go basing up on two different analysis.
News could really make out that mixed up or going against on what you had done on technical indicators.Positive news doesnt always mean that it would really make out positive movement
in market price.This is what you should bare up in mind.
sr. member
Activity: 2366
Merit: 332
What is the good news you just heard, if I haven't missed any news then in the past 1 week since FTX crashed, no good news has been released. all market news is focused on FTX and its demise and all is negative news.

We are still in a bear market so no matter how good the news is, be careful and don't expect too much. Sometimes the news that comes out is just legitimizing the price, not necessarily the news that will make an impact on the market. Don't trade on news alone, combine it with technical analysis.

On the contrary technical analysis will be difficult to combine with news but it can only help to give you the spate that bear can go because we still at the bear market. FTX crash is likely to continue the bear beyond the time it was suppose to last. We are approaching the end of the season and the market can go either way because of the rush. Technical analysis don't usually work during rush season.
jr. member
Activity: 66
Merit: 2
We really don't know yet right now when the price will go either go upside or down . Watch some breakouts from the time frame that you are using to and that's the time you put your position. Yes good news take effects but the market should be the one to follow. Happy trading!
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
What is the good news you just heard, if I haven't missed any news then in the past 1 week since FTX crashed, no good news has been released. all market news is focused on FTX and its demise and all is negative news.

We are still in a bear market so no matter how good the news is, be careful and don't expect too much. Sometimes the news that comes out is just legitimizing the price, not necessarily the news that will make an impact on the market. Don't trade on news alone, combine it with technical analysis.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
Why coins not going up ?
If good news coming then price should follow instantly.
When there is good news i go Long position been waiting all day long and nothing.

where are you seeing good news, when I enter the news site I see this:

Bahamian securities regulator ordered the transfer of FTX’s digital assets ( Bad news )

FTX names Kroll as claims agent, to update users on bankruptcy developments
( shows that the hole is so deep that there is no more concert )

US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX ( bad news, these guys are not pro cryptos and can take advantage of this to propose tough laws )

$600M in Bitcoin options expire on Friday, giving bears reason to pin BTC under $16K

as you can see, there is only bad news, the market can still drop a lot, do not create high expectations about a possible big price increase, at this moment it is more advisable to just watch the market until everything stabilizes, with that you avoid unnecessary losses

Also the traders who post their ideas non of the signals don't move whats going on ?

they're just watching the market, that's the best thing they can do right now, they can't say: "tomorrow the price will go up...." when they're reading bad news all the time, they know they can't do that. Waiting and watching is also a good move in times like these. while there is a lot of bad news there will be panic selling, even if you see some sign of a small rise in price it will soon fall when bad news comes

It's imposdible to make any money in this Market

you are looking at the short term, in the long term you will make a lot of profit, as I said before, be patient, there are days when the price goes up a lot, but in the same way that it goes up a lot it can also go down a lot

Somebody need to put money in it's fruturating like this.

and why would someone put a lot of money in now if that person can wait for the price to drop a lot and put money in?
newbie
Activity: 12
Merit: 0
Why coins not going up ?
If good news coming then price should follow instantly.
When there is good news i go Long position been waiting all day long and nothing.

Also the traders who post their ideas non of the signals don't move whats going on ?
It's imposdible to make any money in this Market
Somebody need to put money in it's fruturating like this.

Are you a parallel dimension to us? Are you not a Twitter user? The screen full of negative news has been monopolized by FTT SBF CZ. Market sentiment is gloomy.
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