some people love imagining doomsday when there is any drops!

7788bitcoin

legendary

Activity: 2282

Merit: 1023

Quote from: Hamphser on November 01, 2019, 01:40:24 PM

Some traders are only following the trend and when it's time to sell it is too late for them to notice that they are selling it at a very low price. It would be better if you are not a trend trader but instead you have to make your own strategy when trading. Emotional and trend traders is the worst case you may experience in your whole life because it might be the reason for your depression. Roll Eyes

If you are having a stable mind and if you are experienced in the field of trading then you can make a lot of money trading during these peaks and lows, everyone can have their own strategy to trade but at the end of the day everyone is trading to make a profit and if you have a simple principle then you will not end up in a loss, after all trading is simple if you follow simple rules and it is not rocket science to understand how the market will behave and the volatility you should expect in this market.

Hamphser

sr. member

Activity: 2436

Merit: 324

Quote from: wheelz1200 on November 01, 2019, 11:15:35 AM

Quote from: senne on November 01, 2019, 10:31:19 AM

The problem with trading is that the new investors jump on the trend when it has already passed. people FOMO and give up to emotions in such a case. Many people fall prey to it. This is exactly what happened recently. When price fell by $1k, people bought shorts and got rekt when price went up by 30%. That's why people get pessimistic when there is a fall. They start calling Bitcoin dead.
This meme sums it up beautifully.

Exactly. When emotions are mixed into financial decisions it usually ends bad. People feel good buying at the top because in the most recent past, it is a good decision to be on the buy side, and when you buy something that has fallen you feel like you are buying a turd. Take emotions out and logically you can figure out the buy and sell times. Really just come on here and see if people are making more doom and gloom or moon posts and do the opposite Grin

Some traders are only following the trend and when it's time to sell it is too late for them to notice that they are selling it at a very low price. It would be better if you are not a trend trader but instead you have to make your own strategy when trading. Emotional and trend traders is the worst case you may experience in your whole life because it might be the reason for your depression. Roll Eyes

topbitcoin

hero member

Activity: 1582

Merit: 689

Leading Crypto Sports Betting & Casino Platform

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

Not only in forums, but something like this already happened in every single market chats. Someone or people who play with other's emotion to make advantage for themself. I don't think they are people who care with others, because they are only want people to be panic so they can buy bitcoin in cheap price. I always think about that, so if people speculate negative thing about bitcoin, i will ignore it.

wheelz1200

legendary

Activity: 3612

Merit: 1406

Quote from: senne on November 01, 2019, 10:31:19 AM

The problem with trading is that the new investors jump on the trend when it has already passed. people FOMO and give up to emotions in such a case. Many people fall prey to it. This is exactly what happened recently. When price fell by $1k, people bought shorts and got rekt when price went up by 30%. That's why people get pessimistic when there is a fall. They start calling Bitcoin dead.
This meme sums it up beautifully.

Exactly. When emotions are mixed into financial decisions it usually ends bad. People feel good buying at the top because in the most recent past, it is a good decision to be on the buy side, and when you buy something that has fallen you feel like you are buying a turd. Take emotions out and logically you can figure out the buy and sell times. Really just come on here and see if people are making more doom and gloom or moon posts and do the opposite Grin

AliMan

hero member

Activity: 1974

Merit: 502

Vave.com - Crypto Casino

Quote from: jets567 on November 01, 2019, 08:25:51 AM

Quote from: jhonjhon on November 01, 2019, 08:08:48 AM

Quote from: Mahanton on October 25, 2019, 01:56:55 PM

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

Im expecting for some u-turn of words on here Grin

. I actually laugh in front of my pc when i do able to read up some speculations

that we would head down to 4k after they do saw that the price plummets on 7k level and now we do see almost 9k price in a short time.
Wondering on what would be their new speculations as of this moment.

Whether we like it or not there will always be people like that whose been so confident speculating this and that but when they see a small rise then they are the first ones who do FOMOing, I just can’t understand them. Anyways, I guess they need to study more before doing or saying anything because it just made them look stupid.

There are two reasons why I think they are doing this, maybe they're really angy with the modern technology because they think it will affect the status of their current business or they want the Bitcoin price to fall so they can buy it cheap and eventually benefit from it when the price goes up.

That's purely a greed attitude, they tried to contribute on the manipulation of bitcoin price that affected alot of people whose very serious investing bitcoin as a valuable asset. To the point that they're having a mindset of buying btc at lower cost, do you think it's a fair thing? Since they also seeks btc price to go up after they start holding enough amount of it? This is really unfair to see, because they don't consider the feelings of small investors, what they're thinking of is their own welfare.

shoreno

full member

Activity: 1750

Merit: 118

speculations are always there . small or big , pump or dump . people always love to open a new topic and talk about the reason on why it that happen . the 9 percent drop that happen last time was already a huge drop to me but i dont know to some if that is what they also think . its normal for me to alarm and investigate if what really happen that time but thankfully the price slightly recovers again . fomo is good and we people are the ones who did it .

Mahanton

hero member

Activity: 2688

Merit: 625

Quote from: jets567 on November 01, 2019, 08:25:51 AM

Quote from: jhonjhon on November 01, 2019, 08:08:48 AM

Quote from: Mahanton on October 25, 2019, 01:56:55 PM

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

Im expecting for some u-turn of words on here Grin

. I actually laugh in front of my pc when i do able to read up some speculations

that we would head down to 4k after they do saw that the price plummets on 7k level and now we do see almost 9k price in a short time.
Wondering on what would be their new speculations as of this moment.

Whether we like it or not there will always be people like that whose been so confident speculating this and that but when they see a small rise then they are the first ones who do FOMOing, I just can’t understand them. Anyways, I guess they need to study more before doing or saying anything because it just made them look stupid.

There are two reasons why I think they are doing this, maybe they're really angy with the modern technology because they think it will affect the status of their current business or they want the Bitcoin price to fall so they can buy it cheap and eventually benefit from it when the price goes up.

No, you cant say that those people do hate up modern tech.Then why they are here on the first place? Simply they do just fomoing
either they do already secure theirselves on the bottom price and tends to make out some spread out fomo to drive the price even way more higher
since they do know that they would benefit out then its just a normal act to be done.Well it might not be precise anytime since price is always been unpredictable.

senne

hero member

Activity: 1078

Merit: 507

The problem with trading is that the new investors jump on the trend when it has already passed. people FOMO and give up to emotions in such a case. Many people fall prey to it. This is exactly what happened recently. When price fell by $1k, people bought shorts and got rekt when price went up by 30%. That's why people get pessimistic when there is a fall. They start calling Bitcoin dead.
This meme sums it up beautifully.

Getmon

sr. member

Activity: 1400

Merit: 273

Quote from: wheelz1200 on November 01, 2019, 09:37:02 AM

Quote from: wajik-tempe on November 01, 2019, 09:19:02 AM

Quote from: wheelz1200 on November 01, 2019, 08:57:13 AM

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is nothing new. Ever since the beginning of bitcoin every dip has created a flood of "bitcoin is dead" news and speculation. Ignore the crowd and buy the dips and sell the quick bulls. Make some money on the fear or delusion and you will learn to enjoy the noise because it's a money making signal. Wink

Yeah i'm sure it's just the whale's game that make a fraud and spread out the news bitcoin will be dead after they dump the price.
And then they will buy with dip price, and when they're doing massive buying, price will rise up and the people who panic will buy at high price of the coin that they just sold before Cheesy

A traders like that is always exist because there are many newbie traders everyday and they will learn after several times doing FOMO.

It is still a manipulated game unfortunately. You just have to learn how to brush all of the news that seems all doom and gloom as well as the news that is ultra bullish on bitcoin with no apparent reason why. 99% of the news is garbage. Also careful about following charters as you can manipulate data on charts to show it any way you like to fit your narrative.

And the manipulations, their plans and details, are beyond the access of ordinary traders no matter how expert they are. And so charts that are complete with all kinds of tools, with all the lines and shapes, are oftentimes shown only after a certain pump or dump has happened. Before anything has happened, all TAs are only showing possibilities. And the possibilities are very vague that whether the price goes up or down, it will still come out correct. But no single charting analysis directly says the price of Bitcoin will pump at least $2,000 tomorrow or the price of Bitcoin will dump at least $1,000 tonight.

wheelz1200

legendary

Activity: 3612

Merit: 1406

Quote from: wajik-tempe on November 01, 2019, 09:19:02 AM

Quote from: wheelz1200 on November 01, 2019, 08:57:13 AM

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is nothing new. Ever since the beginning of bitcoin every dip has created a flood of "bitcoin is dead" news and speculation. Ignore the crowd and buy the dips and sell the quick bulls. Make some money on the fear or delusion and you will learn to enjoy the noise because it's a money making signal. Wink

Yeah i'm sure it's just the whale's game that make a fraud and spread out the news bitcoin will be dead after they dump the price.
And then they will buy with dip price, and when they're doing massive buying, price will rise up and the people who panic will buy at high price of the coin that they just sold before Cheesy

A traders like that is always exist because there are many newbie traders everyday and they will learn after several times doing FOMO.

It is still a manipulated game unfortunately. You just have to learn how to brush all of the news that seems all doom and gloom as well as the news that is ultra bullish on bitcoin with no apparent reason why. 99% of the news is garbage. Also careful about following charters as you can manipulate data on charts to show it any way you like to fit your narrative.

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

Anyone notice how there haven't been as many bearish threads as of late? Any guesses as to why that is?

Yeah, I agree with Op here and I think this is a case of people imagining trends where they don't exist, or don't exist *yet*. That's a fundamental flaw of human psychology unfortunately, and it doesn't happen only in speculation about crypto. As soon as bitcoin rose from $7500 to where it's at now there were about a dozen threads being created or bumped that were predicting prices of $25,000 or above. Now if that isn't a crazy happenstance I don't know what is.

But I'll take the bullish threads over the bearish ones any day of the week, even if they're generally way too rosy for a rational mind to take.

wajik-tempe

sr. member

Activity: 1022

Merit: 252

TonUp.io | 🔥Ultimate Launchpad on TON

Quote from: wheelz1200 on November 01, 2019, 08:57:13 AM

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is nothing new. Ever since the beginning of bitcoin every dip has created a flood of "bitcoin is dead" news and speculation. Ignore the crowd and buy the dips and sell the quick bulls. Make some money on the fear or delusion and you will learn to enjoy the noise because it's a money making signal. Wink

Yeah i'm sure it's just the whale's game that make a fraud and spread out the news bitcoin will be dead after they dump the price.
And then they will buy with dip price, and when they're doing massive buying, price will rise up and the people who panic will buy at high price of the coin that they just sold before Cheesy

A traders like that is always exist because there are many newbie traders everyday and they will learn after several times doing FOMO.

wheelz1200

legendary

Activity: 3612

Merit: 1406

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is nothing new. Ever since the beginning of bitcoin every dip has created a flood of "bitcoin is dead" news and speculation. Ignore the crowd and buy the dips and sell the quick bulls. Make some money on the fear or delusion and you will learn to enjoy the noise because it's a money making signal. Wink

jets567

hero member

Activity: 1008

Merit: 511

CryptoTalk.Org - Get Paid for every Post!

Quote from: jhonjhon on November 01, 2019, 08:08:48 AM

Quote from: Mahanton on October 25, 2019, 01:56:55 PM

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

Im expecting for some u-turn of words on here Grin

. I actually laugh in front of my pc when i do able to read up some speculations

that we would head down to 4k after they do saw that the price plummets on 7k level and now we do see almost 9k price in a short time.
Wondering on what would be their new speculations as of this moment.

Whether we like it or not there will always be people like that whose been so confident speculating this and that but when they see a small rise then they are the first ones who do FOMOing, I just can’t understand them. Anyways, I guess they need to study more before doing or saying anything because it just made them look stupid.

There are two reasons why I think they are doing this, maybe they're really angy with the modern technology because they think it will affect the status of their current business or they want the Bitcoin price to fall so they can buy it cheap and eventually benefit from it when the price goes up.

jhonjhon

full member

Activity: 1316

Merit: 126

Quote from: Mahanton on October 25, 2019, 01:56:55 PM

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

Im expecting for some u-turn of words on here Grin

. I actually laugh in front of my pc when i do able to read up some speculations

that we would head down to 4k after they do saw that the price plummets on 7k level and now we do see almost 9k price in a short time.
Wondering on what would be their new speculations as of this moment.

Whether we like it or not there will always be people like that whose been so confident speculating this and that but when they see a small rise then they are the first ones who do FOMOing, I just can’t understand them. Anyways, I guess they need to study more before doing or saying anything because it just made them look stupid.

Oasisman

hero member

Activity: 2590

Merit: 549

Rollbit

Quote from: SummerBliss on October 29, 2019, 08:40:01 AM

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

People create FUD when the market is bearish and try to convience that its just bubble and can burst anytime but as soon as the prices pumps they start speculating that it will cross $10k or so and again spread negativity when prices dumps.So we don't need to take care of them as btc response them with bouncing back and showing its potential to rise in worst time also.Have faith.

Some people who creates FUD are those who missed the accumulation phase when the market was still down. And out of frustrations they will post something negative relevant to the current market condition trying to pull the price back down a little to help them get a good entry point.
Following those kinds of speculations and news doesn't give something, It'll just make you confused. And what's funny is, people tend to believe and take it as a serious matter.
Better to follow good TA's instead.

Mahanton

hero member

Activity: 2688

Merit: 625

Quote from: The Sceptical Chymist on October 28, 2019, 11:18:34 AM

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios.

Yah, this happens every single time bitcoin poops out. Lately I've been seeing all kinds of old bearish threads getting bumped--not necrobumped, but threads a few weeks old sort of predicting doomsday prices or big drops or whatever.

I've also noticed this happens with stock market news, too. If the Dow plunges a few hundred points, all of a sudden these pundits start telling us how low the market could go--and while it's true, what they're doing is basically predicting the weather. If it's rainy today, there's a good chance it'll rain tomorrow. Kind of like that, you know? I've learned not to pay attention to such prognostications, because they're all just guesses.

Now that bitcoin jumped a few thousand bucks, I'm seeing a bunch of bullish threads. And frankly I'd rather see those than the doomsday ones.

On simple speaking they do just go with the flow and these are the things we do commonly see on this market.People do keep guessing on what would be the price on the next minute.
When i do see those bearish thread i do usually ignore it because im already tired to read that there were even people saying that the price would come to 0 or going back to 1k.
Some of them becomes to exaggerated into their guesses thats why they are already auto ignore on my part.Same goes with bullish ones since i dont mind too much neither the price would rose up or not since ive been shorting even on small gains.

SummerBliss

sr. member

Activity: 910

Merit: 254

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

People create FUD when the market is bearish and try to convience that its just bubble and can burst anytime but as soon as the prices pumps they start speculating that it will cross $10k or so and again spread negativity when prices dumps.So we don't need to take care of them as btc response them with bouncing back and showing its potential to rise in worst time also.Have faith.

Willitivity

sr. member

Activity: 1190

Merit: 256

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios. in some cases it is wonderful how their imaginations work. from simple whales manipulating to the good old China bans bitcoin has been the heated topics over the past 48 hours!

what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing? Wink

This is normal human behaviour typical of people who just follow the crowd. When Bitcoin goes up, just people just forget the red days and get so carried away in the moment but when it dumps, it becomes another story of of loss and regret. Most people don't seem to understand the market and are just been blown around in any direction.

The Sceptical Chymist

legendary

Activity: 3332

Merit: 6809

Cashback 15%

Quote from: BrewMaster on October 25, 2019, 01:48:41 PM

over the past 2 days that we saw a small 9% drop i have seen all kinds of so called "speculation" where people are seeing all kinds of doomsday scenarios.

Yah, this happens every single time bitcoin poops out. Lately I've been seeing all kinds of old bearish threads getting bumped--not necrobumped, but threads a few weeks old sort of predicting doomsday prices or big drops or whatever.

I've also noticed this happens with stock market news, too. If the Dow plunges a few hundred points, all of a sudden these pundits start telling us how low the market could go--and while it's true, what they're doing is basically predicting the weather. If it's rainy today, there's a good chance it'll rain tomorrow. Kind of like that, you know? I've learned not to pay attention to such prognostications, because they're all just guesses.

Now that bitcoin jumped a few thousand bucks, I'm seeing a bunch of bullish threads. And frankly I'd rather see those than the doomsday ones.

Topic: some people love imagining doomsday when there is any drops! (Read 547 times)