Topic: Storm is coming - big one? (Read 1832 times)
I sniff something with these Chinese and binance "tussle " and reaching a conclusion would either mean downwards or bullish trend on bitcoin..
i think storm has been passed. and we will make crypto currency great again. 
China is a very big player and as everyone knows there is a lot of "new" money in BTC and crypto space. in the bigining of the year we saw BTC breaking 1000$. So for now there could be a lot of week hands dumping on china news. Maybe a good buy oportunity?
I will agree to what you have said. I will take this dumping as good opportunity for buying more Bitcoins at fewer prices. I think this is all the game played by Chinese so that they can own a significant number of Bitcoins in the market at time when everyone else is getting panic and selling their Bitcoins.For me if another price drop happen i will add more coins. Corrections and pullbacks are normal since there are negative new about a stock/coin that you are buying. If you are investing and trading then you should know how to take control and get an advantage to people who are fearful.
There is always two different kind of investors the smart type and the emotional type. Smart investors are those who are always calmed even in this situation and look as it in a different perspective. Like it is decreasing but they're happy to it for the reason they buy more. But emotional investor are those who decided for what they feel is right without studying the market chart itself. It is more prone in losing.
Smarter are those who never let any opportunity go. Like me
For me if another price drop happen i will add more coins. Corrections and pullbacks are normal since there are negative new about a stock/coin that you are buying. If you are investing and trading then you should know how to take control and get an advantage to people who are fearful.
There is always two different kind of investors the smart type and the emotional type. Smart investors are those who are always calmed even in this situation and look as it in a different perspective. Like it is decreasing but they're happy to it for the reason they buy more. But emotional investor are those who decided for what they feel is right without studying the market chart itself. It is more prone in losing.
Yep, 90% are emotional traders/investors (maybe even more on crypto markets) and they don't have exactly strategy of what they will do for each possible scenario.
Because of these investors and traders, I often observe panic in the chat rooms. It annoys me. These people have come to the crypto currency and therefore must understand that this is associated with greater risks
who cant carry pressure should avoid the trading business, its better for them to look for another venue of investment.
Exactly, emotions can be good when you can handle it. In most times those good players on market are those who conquers those treats. Experienced can teach them the right way on dealing with it. I'm guilty on that when I'm new and mostly have passed those stage on they're trading career. It is in nature that human beings have emotional tendency and we can't take it out easily.
lucky for me I had changed all coin to usdt and wait
Well be careful, USDT is not properly backed by dollars, and can be sold down to worthless levels. You'd have been better off buying bitcoin, transferring it to a cold wallet and holding.
For me if another price drop happen i will add more coins. Corrections and pullbacks are normal since there are negative new about a stock/coin that you are buying. If you are investing and trading then you should know how to take control and get an advantage to people who are fearful.
There is always two different kind of investors the smart type and the emotional type. Smart investors are those who are always calmed even in this situation and look as it in a different perspective. Like it is decreasing but they're happy to it for the reason they buy more. But emotional investor are those who decided for what they feel is right without studying the market chart itself. It is more prone in losing.
Yep, 90% are emotional traders/investors (maybe even more on crypto markets) and they don't have exactly strategy of what they will do for each possible scenario.
Because of these investors and traders, I often observe panic in the chat rooms. It annoys me. These people have come to the crypto currency and therefore must understand that this is associated with greater risks
who cant carry pressure should avoid the trading business, its better for them to look for another venue of investment.
For me if another price drop happen i will add more coins. Corrections and pullbacks are normal since there are negative new about a stock/coin that you are buying. If you are investing and trading then you should know how to take control and get an advantage to people who are fearful.
There is always two different kind of investors the smart type and the emotional type. Smart investors are those who are always calmed even in this situation and look as it in a different perspective. Like it is decreasing but they're happy to it for the reason they buy more. But emotional investor are those who decided for what they feel is right without studying the market chart itself. It is more prone in losing.
Yep, 90% are emotional traders/investors (maybe even more on crypto markets) and they don't have exactly strategy of what they will do for each possible scenario.
Because of these investors and traders, I often observe panic in the chat rooms. It annoys me. These people have come to the crypto currency and therefore must understand that this is associated with greater risks
Binance in not a major trading site. Bitcoin just showed that FUD spreader news like this won't succeed. Big one? Hahahaha
For me if another price drop happen i will add more coins. Corrections and pullbacks are normal since there are negative new about a stock/coin that you are buying. If you are investing and trading then you should know how to take control and get an advantage to people who are fearful.
There is always two different kind of investors the smart type and the emotional type. Smart investors are those who are always calmed even in this situation and look as it in a different perspective. Like it is decreasing but they're happy to it for the reason they buy more. But emotional investor are those who decided for what they feel is right without studying the market chart itself. It is more prone in losing.
Yep, 90% are emotional traders/investors (maybe even more on crypto markets) and they don't have exactly strategy of what they will do for each possible scenario.
For me if another price drop happen i will add more coins. Corrections and pullbacks are normal since there are negative new about a stock/coin that you are buying. If you are investing and trading then you should know how to take control and get an advantage to people who are fearful.
Well this strategy actually work provided if the correction does not takes place for a big amount. Say you keep buying and prices keep falling then after certain point you wont have money when it has reached the low. So i generally buy once and then wait till the rise again starts to happen and then start buying back again.
For me if another price drop happen i will add more coins. Corrections and pullbacks are normal since there are negative new about a stock/coin that you are buying. If you are investing and trading then you should know how to take control and get an advantage to people who are fearful.
There is always two different kind of investors the smart type and the emotional type. Smart investors are those who are always calmed even in this situation and look as it in a different perspective. Like it is decreasing but they're happy to it for the reason they buy more. But emotional investor are those who decided for what they feel is right without studying the market chart itself. It is more prone in losing.
There is nothing to fear in this situation. However, I have sold all of my bitcoin for usdt. I have prepared for this situation for more than a week. Right now, I can easily collect more cheap bitcoin. I hope that the price will be dumped to $3500. It will be a great price for whales to buy more bitcoin. Everything is set up by whales. You need to remember that
Well hopefully they do it soon. I was saving my btcs for a more than a month now to be withdrawn next for some important expenses. The timing of this debacle isn't really that convenient for me and hopefully btc rebounds quick or i'm screwed
They don't want to be exchange which have low prices because of Chinese people sells
For me if another price drop happen i will add more coins. Corrections and pullbacks are normal since there are negative new about a stock/coin that you are buying. If you are investing and trading then you should know how to take control and get an advantage to people who are fearful.
there are many different rumors these day in china, the old BTC holders are not afraid of this , they can trading on exchange out of china. not a big deal
Exactly this is a kind of false belief spreading all the FuD to make bitcoins dump as the main reason of doing all of this. Im slightly new a months ago but i learn trading and by some researching and reading This is all a nonsense thing and trying to push people to sell their bitcoins.So, this is one of that way by the haters. It is just a dump, like any other we may see on price charts. So just be patient, it will go away.
lucky for me I had changed all coin to usdt and wait
There is nothing to fear in this situation. However, I have sold all of my bitcoin for usdt. I have prepared for this situation for more than a week. Right now, I can easily collect more cheap bitcoin. I hope that the price will be dumped to $3500. It will be a great price for whales to buy more bitcoin. Everything is set up by whales. You need to remember that
Well hopefully they do it soon. I was saving my btcs for a more than a month now to be withdrawn next for some important expenses. The timing of this debacle isn't really that convenient for me and hopefully btc rebounds quick or i'm screwed
I'm a bit surprised by the massive drop in value of BTC and most other crypto. Total market cap of crypto as a whole dropped from almost $180 billion on the 2nd of this month to a 'mere' $118 billion today. Now, the fact that crypto is currently in bad weather in China isn't entirely responsible for this massive drop, as this began on september the 2nd and the whole China thing hit the news a week later. However, the developments in China are probably mostly the cause of the accelerated loss in value of BTC in the last 24 hours. See where the bottom is.
SO after all it seems you are right!
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