The slow 5 days of green ended in less than 5 hrs.

Barbut

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Quote from: creeps on March 05, 2019, 07:11:11 PM

Quote from: Ararbermas on March 04, 2019, 01:11:19 AM

Quote from: namqnvn9 on February 24, 2019, 11:56:11 AM

bitcoin continued to decline. the cow won . I lost $ 100 USD Angry

I was unable to place an order to withdraw it in less than 5 minutes -10 %

why not keep holding? Indeed the price still holding above 3k and probably will stay until it makes another increase again. So stop worrying and lesson learned. avoid being greedy next time which always invest what amount you can afford to lose to prevent regrets. bear it on your mind mate!

Trading will always play like this if you miss a single hour of your life in this market. We all have different style on making money, maybe he’s a trader and I feel sorry for them. I also believe on the possible profit that we can get when we just hold on bitcoin, its inevitable and profit will happen no matter what. If you can’t take the volatility anymore, then stop trading try to hold.

Some people think its slow, but its not, its that they dont have patience, and thats very important in cryptocurrencies, with bitcoin especially. When I get into some trade and price decline instead going up, I make a decision to hold or to cut loses. It`s not that difficult, if you believe you hold, if you dont believe you sell and you cut loses. I believe in bitcoin and some other cryptocurrencies, I never cut loses with coins I believe in, I let them lay somewhere and wait for moment.

creeps

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Quote from: Ararbermas on March 04, 2019, 01:11:19 AM

Quote from: namqnvn9 on February 24, 2019, 11:56:11 AM

bitcoin continued to decline. the cow won . I lost $ 100 USD Angry

I was unable to place an order to withdraw it in less than 5 minutes -10 %

why not keep holding? Indeed the price still holding above 3k and probably will stay until it makes another increase again. So stop worrying and lesson learned. avoid being greedy next time which always invest what amount you can afford to lose to prevent regrets. bear it on your mind mate!

Trading will always play like this if you miss a single hour of your life in this market. We all have different style on making money, maybe he’s a trader and I feel sorry for them. I also believe on the possible profit that we can get when we just hold on bitcoin, its inevitable and profit will happen no matter what. If you can’t take the volatility anymore, then stop trading try to hold.

Lanatsa

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Quote from: Oasisman on March 05, 2019, 05:58:52 PM

Quote from: ReiMomo on March 05, 2019, 05:42:04 PM

Taking the current situation, i would say, the green has started back again today. We have values of all coins including bitoin keep growing. The growth is really welcoming. There might be a fall again in few days. But this is how it is and this is what its nature, hence as a trader or bitcoin user has to accept the fact the crypto is.

The very volatile nature of cryptocurrency is what makes the traders gain more profit, no matter what the market condition is, whether in a bearish or bull run. For the long term hodler, the price might be very stressing. So, I guess these people should take a break for a while, while the market is suffering from long bearish run.

This had been always the properties of crypto which is way too volatile and it can break anyones expectation or analysis on an instant.As an investor or a trader
you would really need to be smart and somehow a mix of luck to be profitable with these short duration price movements with BTC.If you do able to cope up then you profit
if not then you would be caught up with the dump.

Oasisman

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Quote from: ReiMomo on March 05, 2019, 05:42:04 PM

Taking the current situation, i would say, the green has started back again today. We have values of all coins including bitoin keep growing. The growth is really welcoming. There might be a fall again in few days. But this is how it is and this is what its nature, hence as a trader or bitcoin user has to accept the fact the crypto is.

The very volatile nature of cryptocurrency is what makes the traders gain more profit, no matter what the market condition is, whether in a bearish or bull run. For the long term hodler, the price might be very stressing. So, I guess these people should take a break for a while, while the market is suffering from long bearish run.

ReiMomo

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Taking the current situation, i would say, the green has started back again today. We have values of all coins including bitoin keep growing. The growth is really welcoming. There might be a fall again in few days. But this is how it is and this is what its nature, hence as a trader or bitcoin user has to accept the fact the crypto is.

Ararbermas

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Quote from: namqnvn9 on February 24, 2019, 11:56:11 AM

bitcoin continued to decline. the cow won . I lost $ 100 USD Angry

I was unable to place an order to withdraw it in less than 5 minutes -10 %

why not keep holding? Indeed the price still holding above 3k and probably will stay until it makes another increase again. So stop worrying and lesson learned. avoid being greedy next time which always invest what amount you can afford to lose to prevent regrets. bear it on your mind mate!

LUCKMCFLY

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Quote from: iv4n on March 01, 2019, 11:59:35 AM

Quote from: bitbunnny on March 01, 2019, 09:44:01 AM

Quote from: ReiMomo on February 28, 2019, 05:41:52 PM

Yes. A sudden fall from $4150 to $3700 disappointed so many as everyone was holding thinking that the value will more go up. But one of my friend said, he exchanged his bitcoin when it as $4000 and around. A good sign though. The growth trend is really welcoming. Hope to see a bull run in coming days.

Many was disappointed because they started to celebrate too early thinking that bull run has started. That only shows how they didn't learn anything from the similar situations in the past and that they forget how the Bitcoin is functioning and volatility means. Nothing that happened with the price wasn't a surprise, it's just another lesson how it's not clever to make premature conclusions and especialy not to make decisions based on them.

Except ones who sold on that peak, like me. I`m not disappointed, I`m waiting to buy again. I`m guessing price will go to 3500-3700 before we see another rise, so I will buy again at that levels. I`m not disappointed cause I didn`t expect higher price, I sold at 4100 and I was waiting to see what will price do, I never sell all at once, just part of it, I left something to sell if price rise more, but it didn`t, now I`m waiting price for buying again. When you wish to trade with bitcoins you need to expect unexpected, and to be ready for it, what`s more important.

This is a good time for those who speculate, bear in mind that the price may be rising again without volume, which means that the offer is being eliminated, you can look for a new range, maybe 4k to 5k, where there will be setbacks because they need to take profit, we are in accumulation, it is normal for these movements to occur.

iv4n

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Quote from: bitbunnny on March 01, 2019, 09:44:01 AM

Quote from: ReiMomo on February 28, 2019, 05:41:52 PM

Yes. A sudden fall from $4150 to $3700 disappointed so many as everyone was holding thinking that the value will more go up. But one of my friend said, he exchanged his bitcoin when it as $4000 and around. A good sign though. The growth trend is really welcoming. Hope to see a bull run in coming days.

Many was disappointed because they started to celebrate too early thinking that bull run has started. That only shows how they didn't learn anything from the similar situations in the past and that they forget how the Bitcoin is functioning and volatility means. Nothing that happened with the price wasn't a surprise, it's just another lesson how it's not clever to make premature conclusions and especialy not to make decisions based on them.

Except ones who sold on that peak, like me. I`m not disappointed, I`m waiting to buy again. I`m guessing price will go to 3500-3700 before we see another rise, so I will buy again at that levels. I`m not disappointed cause I didn`t expect higher price, I sold at 4100 and I was waiting to see what will price do, I never sell all at once, just part of it, I left something to sell if price rise more, but it didn`t, now I`m waiting price for buying again. When you wish to trade with bitcoins you need to expect unexpected, and to be ready for it, what`s more important.

bitbunnny

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Quote from: ReiMomo on February 28, 2019, 05:41:52 PM

Yes. A sudden fall from $4150 to $3700 disappointed so many as everyone was holding thinking that the value will more go up. But one of my friend said, he exchanged his bitcoin when it as $4000 and around. A good sign though. The growth trend is really welcoming. Hope to see a bull run in coming days.

Many was disappointed because they started to celebrate too early thinking that bull run has started. That only shows how they didn't learn anything from the similar situations in the past and that they forget how the Bitcoin is functioning and volatility means. Nothing that happened with the price wasn't a surprise, it's just another lesson how it's not clever to make premature conclusions and especialy not to make decisions based on them.

onrise

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Quote from: qualitywork on February 28, 2019, 01:20:08 PM

This has probably happened many times from few months, the price goes up and comes down very soon. That's the reason experts prefer for long-term investment. So that you cannot always see the price status and do not hesitate everytime.

This is not new and has also happened before as well. SO nothing to worry as such. Yes at times it does happen that rise is quite slow than the fall . But also one must understand that it falls before people are selling else it would have not fallen. So we are not in sysc as such and if all hold the coins market will continue to rise only and grow in coming time.

RivAngE

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The invisible hand is strong!

I'd suggest anyone who is amazed from such price actions to follow this guy on Twitter: https://twitter.com/Super_Crypto
Well... if you're refusing any manipulation, illuminati existence and cartels then you'll hate him... other than that he makes good sense.

ReiMomo

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Yes. A sudden fall from $4150 to $3700 disappointed so many as everyone was holding thinking that the value will more go up. But one of my friend said, he exchanged his bitcoin when it as $4000 and around. A good sign though. The growth trend is really welcoming. Hope to see a bull run in coming days.

qualitywork

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This has probably happened many times from few months, the price goes up and comes down very soon. That's the reason experts prefer for long-term investment. So that you cannot always see the price status and do not hesitate everytime.

goaldigger

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Quote from: leonair on February 24, 2019, 11:54:22 AM

I thought the slow price increase of Bitcoin is a sign of a Bull market but I was wronged, it happens so fast. I'm deciding to invest $1000 yesterday, thanks God I didn't. It seems spike increase nowadays are so scary as it follows a downfall afterwards.

New strategy learned, ride the slow price increase and wait for the sudden price increase within a day then sell Shocked

.

This is always happening in our market now. We dont know if it is just the bulls or just a normal pump. The value always pumps up for as long as a week then goes back to its marginal price. This is why the price are observed within a month because even a week is not reliable. Dont worry, this is just an implication of a healthy market.

Wilhelm

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Quote from: freedomgo on February 27, 2019, 07:51:57 AM

Quote from: hungafub on February 27, 2019, 05:09:42 AM

I'm honestly starting to believe this space is manipulated.

I'm glad I have a friend here, lol.
I also believe that market is manipulated, crypto can go up and down anytime, even without any reason.
That's what whales do, they can create hype and FUD and they will do the opposite on what we believe, just look at the recent pump, it ended up with
a sudden pump, when it was pumping, people are already believing their dreams will com true but it did remain a dream until now.

This is probably because there are some whales with big stash playing the market (pump&dump).
The more people in Bitcoin the more Bitcoin will be in circulation instead of in the hands of whales.
The more spread out the less influence a whale can have.
The less influence whales have the more stable Bitcoin will become.

Metaphore: Currently it is like whales have 1000 trillion on their bank account to play around with. This causes volatility.

freedomgo

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Quote from: hungafub on February 27, 2019, 05:09:42 AM

I'm honestly starting to believe this space is manipulated.

I'm glad I have a friend here, lol.
I also believe that market is manipulated, crypto can go up and down anytime, even without any reason.
That's what whales do, they can create hype and FUD and they will do the opposite on what we believe, just look at the recent pump, it ended up with
a sudden pump, when it was pumping, people are already believing their dreams will com true but it did remain a dream until now.

hungafub

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I'm honestly starting to believe this space is manipulated. Only in crypto does the market move up some points in a couple days only to crash down.

buwaytress

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@OP: Didn't the last period of "stability" around 6k teach you anything?

1. People think lack of activity means consolidation and consolidation means we're preparing for a bull run.
2. People think markets react to good news like JPMcoin (I still can't believe they took credit for last week).

Market does what it wants, recovery and bull talk... that's best left alone till we clear out all the hype. I know, hard to believe but yes, still too much hype floating around.

$anounimus$

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Quote from: jhongzjhong on February 26, 2019, 05:44:33 AM

Quote from: TheCoinGrabber on February 26, 2019, 04:14:21 AM

I too am clueless since there seem to be no big news that caused it but maybe it's just people trying to exit when they saw a slight increase?

Me I'll be waiting for 6k, I just don't know how long I'll have to wait.

No doubt that small spike price will go down after that, probably they want quick profit instead of waiting for the right time to sell. Well, we can't blame them because they are not real crypto enthusiast they didn't know the real mean of blockchain technology. Yes, patiently wait the right time is the key to having a huge profit. Do not do panic selling.

most people who know cryptocurrency only think of cryptocurrency as a place to trade and a place to make huge profits so that when their thoughts about cryptocurrency and blockchain technology are wrong then they will be very difficult to be able to benefit from it.

jhongzjhong

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Quote from: TheCoinGrabber on February 26, 2019, 04:14:21 AM

I too am clueless since there seem to be no big news that caused it but maybe it's just people trying to exit when they saw a slight increase?

Me I'll be waiting for 6k, I just don't know how long I'll have to wait.

No doubt that small spike price will go down after that, probably they want quick profit instead of waiting for the right time to sell. Well, we can't blame them because they are not real crypto enthusiast they didn't know the real mean of blockchain technology. Yes, patiently wait the right time is the key to having a huge profit. Do not do panic selling.

Topic: The slow 5 days of green ended in less than 5 hrs. (Read 648 times)