The market is not good - page 3. | Bitcointalksearch.org

AliMan

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Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

Don't react too much when there's no good situations happening with bitcoin because traders isn't only focus on btc. They're holding other altcoins which also got a promising value that's starting to become progressive, after bitcoin showed a quick spikes. I don't think if bearish will strongly resist the bullish strikes of btc as well as the other top rising alts, so for today let's be smart on our actions prior unstoppable pumps will commence.

Vaculin

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Winding down.

Quote from: 2double0 on July 29, 2021, 03:06:50 PM

Some experienced traders get happy too when bitcoin falls because either they accumulate it after shorting it and making good money, or they don't like bitcoin that high. I also thought btc would go down till 20k as the talks surrounding me were entirely bearish and many support areas were broken down which forced me to think that btc will be accumulated more near 20k and institutions will be the buyers, it couldn't happen though. Worst was when I saw Binance futures liquidating too many short positions in just one hour when the price went from $36k to $48k, a $12k move in futures but not on spot.

It was to know how hard to make market speculations and I did stop relying on the rumors around as this was not the source of information nor we can find it. I also think that it drops more but that's it, surge comes again and many were still happy. Like if you are buying at $30k, you should really be disappointed but the pumps had come and still have the chance to make some profit. I foresee that the market will keep this current momentum till the end of this year.

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Quote from: GeorgeJohn on July 29, 2021, 02:58:33 PM

Quote from: jaberwock on July 28, 2021, 10:56:27 AM

Quote from: GeorgeJohn on July 27, 2021, 03:11:55 AM

<°°°°°°°>

That is the thing about the "emotions" around here. Why do people get upset so much over bitcoin falling, it suppose to fall time to time, it SHOULD fall sometimes because that is what the market always does, it is the thing that we should always count on, for it to go up and down.

Yes..a cryptocurrency market doesn't have a specific price, it's only novice that can be upset whenever bitcoin falls or depreciates to the initial ground, from what i observed cryptocurrency holders only make a profit whenever the price of cryptocurrencies get higher than the value they used to purchase it, so from this scenario getting upset or been unpleasant whenever bitcoin price dropped is not a criteria to get uplift or to recover the lapses of market, so i notice that for cryptocurrency to be interactive or be interested is due to rising and falling of it's price

Some experienced traders get happy too when bitcoin falls because either they accumulate it after shorting it and making good money, or they don't like bitcoin that high. I also thought btc would go down till 20k as the talks surrounding me were entirely bearish and many support areas were broken down which forced me to think that btc will be accumulated more near 20k and institutions will be the buyers, it couldn't happen though. Worst was when I saw Binance futures liquidating too many short positions in just one hour when the price went from $36k to $48k, a $12k move in futures but not on spot.

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Quote from: jaberwock on July 28, 2021, 10:56:27 AM

Quote from: GeorgeJohn on July 27, 2021, 03:11:55 AM

<°°°°°°°>

That is the thing about the "emotions" around here. Why do people get upset so much over bitcoin falling, it suppose to fall time to time, it SHOULD fall sometimes because that is what the market always does, it is the thing that we should always count on, for it to go up and down.

Yes..a cryptocurrency market doesn't have a specific price, it's only novice that can be upset whenever bitcoin falls or depreciates to the initial ground, from what i observed cryptocurrency holders only make a profit whenever the price of cryptocurrencies get higher than the value they used to purchase it, so from this scenario getting upset or been unpleasant whenever bitcoin price dropped is not a criteria to get uplift or to recover the lapses of market, so i notice that for cryptocurrency to be interactive or be interested is due to rising and falling of it's price

milewilda

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Quote from: Pamadar on July 28, 2021, 01:15:28 PM

Quote from: Koro-Sensei on July 28, 2021, 12:12:30 PM

Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

Just a little update this July 29, the market is bullish and many positive news are coming out. BTC just hit 40K and holding its resistance.

I suggest you stay out of that groups and read articles made by reputable ones. These groups are pure speculation and facts aren't there to be found. Moreover, bearish season is probably done. Many news are coming out right now and bullishness is taking place.

With how the market is moving upwards now and keeping the barrier,

It's good to say that there's expected updates that attracts investors to hold, adding to that, each time that market show strong and keep moving upwards, the attentions coming from those who are not really interested to this business are starting to change-up, bringing newcomers to learn and invest.

Just as expected that there would be no such interest when the market is really moving sideways or in bearish state then there would really be that hesitance and doubts
but you would see different perception or actions when market is gradually showing off some green candles and this is where people do starts on buying but actually
it is really mostly talking about taking action in FOMO situation which they should have consider or at least do things when everything was cheap.
Market isnt really something you can expect to be on good state always there would be always that bad.

Pamadar

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Quote from: Koro-Sensei on July 28, 2021, 12:12:30 PM

Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

Just a little update this July 29, the market is bullish and many positive news are coming out. BTC just hit 40K and holding its resistance.

I suggest you stay out of that groups and read articles made by reputable ones. These groups are pure speculation and facts aren't there to be found. Moreover, bearish season is probably done. Many news are coming out right now and bullishness is taking place.

With how the market is moving upwards now and keeping the barrier,

It's good to say that there's expected updates that attracts investors to hold, adding to that, each time that market show strong and keep moving upwards, the attentions coming from those who are not really interested to this business are starting to change-up, bringing newcomers to learn and invest.

Koro-Sensei

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Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

Just a little update this July 29, the market is bullish and many positive news are coming out. BTC just hit 40K and holding its resistance.

I suggest you stay out of that groups and read articles made by reputable ones. These groups are pure speculation and facts aren't there to be found. Moreover, bearish season is probably done. Many news are coming out right now and bullishness is taking place.

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Quote from: Hypnosis00 on July 27, 2021, 06:30:24 PM

Quote from: jossiel on July 27, 2021, 02:18:10 PM

Quote from: ?? on ??

there is still potential for BTC don't be pessimistic.

That's quite normal to see people become negative when they see some huge drop in price.

That's it. We all have to remember that not all the time the market will be bullish, sometimes bear season has to come. The good thing is that we are not in a bear market, the market prices are still healthy even altcoins showing such huge pumps when Bitcoin moves high. That is why we don't have the reason to get panic and worried about every decline as always there is recovery next to it. Only we have to keep calm, be patient, and lastly, we have to trust on crypto and on our invested coin.

Yes.

We're not yet in a bear market and others have to be happy as much as they can since we saw the huge drops for the past weeks. It only confirms that we still can possibly see bitcoin move some quick pumps that's very usual to it.

jaberwock

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Quote from: GeorgeJohn on July 27, 2021, 03:11:55 AM

We all know that irrespective the movement of bitcoin price recently, we all aware that BTC don't have a fixed price and it's not something we can brag about its constant value, cryptocurrency is just like University were we acquire dimensions of knowledge, so understanding this concept is base on our ability to decode it, Because falling and rising of BTC is absolutely the nature of crypto...and the process of falling bitcoin can equally result out to someone's benefit, their is every tendency that people make profit when btc falls and also when it rises.

That is the thing about the "emotions" around here. Why do people get upset so much over bitcoin falling, it suppose to fall time to time, it SHOULD fall sometimes because that is what the market always does, it is the thing that we should always count on, for it to go up and down.

Secondly we are talking about going up? I mean we have seen it go from 4k to 64k in a bit over a year, how can you be shocked about bitcoin going up, people should be very very used to it, be shocked that it went high after a fall? It was 10k to 4k to 64k in less than one and a half years, so we know it can go up after a fall as well. All of these are just recent stuff, I can go back 10 years and find many many examples of it. However for some reason there are people who are crying and upset over the price falling, or jumping up and down for it going up, just be calm about it.

Obito

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Quote from: irsada on July 27, 2021, 09:42:04 PM

With an instant people's beliefs change when bitcoin shows a rapid increase in a few days, that's how the market moves if you don't have a strong foundation it will be difficult to survive in this very volatile market.

That's what you call a bandwagon effect, some of these people are even totally negative about the current state of the market for a considerable amount of time but then the prices started moving and now they quickly change their masks, it's not really a problem though because it's not like it's your money that you're wasting, these are the same people that lose money when these kind of thing happens so just let them be because their attitude will bite them back sooner or later.

irsada

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With an instant people's beliefs change when bitcoin shows a rapid increase in a few days, that's how the market moves if you don't have a strong foundation it will be difficult to survive in this very volatile market.

lightning0

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Yes, the Bitcoin market is really interesting. The spread of Bitcoin futures is 7% today, and the sentiment index is "optimistic"

Another nagging sentence: Controlling emotions is really difficult, and exercising this skill will cost you a lot of money and energy. I am also slowly approaching him

Hypnosis00

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Quote from: jossiel on July 27, 2021, 02:18:10 PM

Quote from: ?? on ??

there is still potential for BTC don't be pessimistic.

That's quite normal to see people become negative when they see some huge drop in price.

Quote from: ?? on ??

just look at Q4 later the potential for BTC seems to be experiencing a significant increase. although it doesn't increase 100% but there is still a chance to get back up

Even if nothing will happen on Q4 and it's just going to be a stable quarter, there will still for sure be the time that bitcoin will have another series of bull run.

That's it. We all have to remember that not all the time the market will be bullish, sometimes bear season has to come. The good thing is that we are not in a bear market, the market prices are still healthy even altcoins showing such huge pumps when Bitcoin moves high. That is why we don't have the reason to get panic and worried about every decline as always there is recovery next to it. Only we have to keep calm, be patient, and lastly, we have to trust on crypto and on our invested coin.

jossiel

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Quote from: ?? on ??

there is still potential for BTC don't be pessimistic.

That's quite normal to see people become negative when they see some huge drop in price.

Quote from: ?? on ??

just look at Q4 later the potential for BTC seems to be experiencing a significant increase. although it doesn't increase 100% but there is still a chance to get back up

Even if nothing will happen on Q4 and it's just going to be a stable quarter, there will still for sure be the time that bitcoin will have another series of bull run.

Questat

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Quote from: Ararbermas on July 27, 2021, 09:08:23 AM

Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

probably, but in this situation we cannot say that this is a bearing situation as its very steady at the current price, yes that's true because it's been months now actually that bitcoin keep holding the value under 30k.
So it's not bearish in my opinion, because when we say bearish the price itself will keep going down to the very deep level.. But on this situation it's different. wherein seems just don't have stable progress but still keep staying at the support.. Probably just waiting for the right time to rocketed because if those whales really have an intention to manipulate bitcoin price below 30k maybe it already happened when market growth rate rapidly decrease. But look bitcoin is so steady anf keep maintaining the price when there a fluctuation after the small progress.

Indeed, we are obviously thinking that below $20k is bearish for us (at this current market value). However, we tend to keep the momentum at $30k and above. We can't also say that we are still in the bull market as we are almost half of the price where Bitcoin reaches its new ATH.

If compare the situation now versus the last 2017-2018 market events, obviously there is a huge difference. Therefore, I could say that the market is still good. May bear market comes next but it was not a thing to be afraid of, it certainly come and that is why we prepared for it and anticipate the possible market change to happen.

Ararbermas

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Quote from: lightning0 on July 19, 2021, 10:57:52 PM

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

probably, but in this situation we cannot say that this is a bearing situation as its very steady at the current price, yes that's true because it's been months now actually that bitcoin keep holding the value under 30k.
So it's not bearish in my opinion, because when we say bearish the price itself will keep going down to the very deep level.. But on this situation it's different. wherein seems just don't have stable progress but still keep staying at the support.. Probably just waiting for the right time to rocketed because if those whales really have an intention to manipulate bitcoin price below 30k maybe it already happened when market growth rate rapidly decrease. But look bitcoin is so steady anf keep maintaining the price when there a fluctuation after the small progress.

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Quote from: SquallLeonhart on July 25, 2021, 12:54:41 PM

Quote from: GeorgeJohn on July 24, 2021, 07:05:16 AM

However, I do not agree with that, bitcoin tried to go down and failed which means right now we are doing a lot better, if you think that it will keep going down more and more and constantly then you do not know much about bitcoin, it is obvious that we are going to get better and then fall then better and fall and keep being around these prices and nothing too bad. I get that we are not constantly focusing on bitcoins good side because it would hurt us when it falls but focusing only on the bad side is not good neither.

We all know that irrespective the movement of bitcoin price recently, we all aware that BTC don't have a fixed price and it's not something we can brag about its constant value, cryptocurrency is just like University were we acquire dimensions of knowledge, so understanding this concept is base on our ability to decode it, Because falling and rising of BTC is absolutely the nature of crypto...and the process of falling bitcoin can equally result out to someone's benefit, their is every tendency that people make profit when btc falls and also when it rises.

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Quote from: jaberwock on July 27, 2021, 01:14:12 AM

Quote from: Furious 7 on July 25, 2021, 10:53:08 AM

I think that should be our main basis for mental toughness, so we must be ready for any conditions when it goes up and down and most importantly, don't panic when it goes down, especially when there is talk of a ban that will bring down the mentality of new investors who are now new to it.
But I believe the great wall will soon be broken and investors are increasingly believing that from this movement is towards recovery, we will see what happens and this will usually be a very significant time in the change.

When you are a long term investor, you do not have any sort of problem with these kind of problems. Think about it, you are basically just living in a world where price is still the same as you bought it until you sell it 10 years later, how wonderful is that?

I personally believe that we should not be focusing on anything but the selling price, whatever happens in between is not something I care about, I bought most of my bitcoins at around 6-7k levels, which means I didn't care about it when it was 64k, I am not caring now, only time I will actually care what the price is will be when I sell it, which will not be anything under 200k unless I have some emergency. This is the way to stop caring about ups and downs, because ups and downs do not change anything for me until I hit the price mark I need, anything in the middle is just nonsense to me.

I see the market is very good. for those of you who like to play short-term trades, this is the opportunity. but for those of you who invest for the long term, of course, it is not affected by various rumors and news, especially the market which is currently up and down.
the market is affected a lot for those who are afraid to lose assets and do not have a trading mentality or are still amateurs.

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Quote from: Furious 7 on July 25, 2021, 10:53:08 AM

I think that should be our main basis for mental toughness, so we must be ready for any conditions when it goes up and down and most importantly, don't panic when it goes down, especially when there is talk of a ban that will bring down the mentality of new investors who are now new to it.
But I believe the great wall will soon be broken and investors are increasingly believing that from this movement is towards recovery, we will see what happens and this will usually be a very significant time in the change.

When you are a long term investor, you do not have any sort of problem with these kind of problems. Think about it, you are basically just living in a world where price is still the same as you bought it until you sell it 10 years later, how wonderful is that?

I personally believe that we should not be focusing on anything but the selling price, whatever happens in between is not something I care about, I bought most of my bitcoins at around 6-7k levels, which means I didn't care about it when it was 64k, I am not caring now, only time I will actually care what the price is will be when I sell it, which will not be anything under 200k unless I have some emergency. This is the way to stop caring about ups and downs, because ups and downs do not change anything for me until I hit the price mark I need, anything in the middle is just nonsense to me.

Nightz

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Quote from: SquallLeonhart on July 25, 2021, 12:54:41 PM

Quote from: GeorgeJohn on July 24, 2021, 07:05:16 AM

It's obvious that market is not at better situation currently but their is no too ways about the corrections, the only time i feel like is better time for bull market to come again is like two years time, despite how market is currently, it's very obvious that their most be a set of individuals who will be beneficiary to the hard time of cryptocurrency, i think a market profiting is base on a personal permutations or strategies used for cryptocurrency transactions or trading, many people complain about bad market, and so many people also kept silent concerning it.

Bitcoin literally went up 5% today, why do you think that it is not doing good these days? I feel like people are way too doomy about bitcoin as of right now, I feel like nothing bad is going on. I understand that we went under 30k for the first time in a long time and that made people feel a bit more worried about bitcoin and so everyone is talking about how we are going to fall constantly.

However, I do not agree with that, bitcoin tried to go down and failed which means right now we are doing a lot better, if you think that it will keep going down more and more and constantly then you do not know much about bitcoin, it is obvious that we are going to get better and then fall then better and fall and keep being around these prices and nothing too bad. I get that we are not constantly focusing on bitcoins good side because it would hurt us when it falls but focusing only on the bad side is not good neither.

People seem to not be able to see or identify trends. If they put a long line on Bitcoin's graph over the last couple of years, they would notice that Bitcoin just shot up like a rocket according to the trend. They overvalue the drops we have seen in Bitcoin's price forever now. Of course it hurts to see your investment get cut in half but that happened so often now. And here we are right now, Bitcoin is healthy and doing well. Let's see if it can keep this level and stabilize right below $40k.

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