If you cant bear the losses, you should stop thinking in short-term.
Topic: The slow 5 days of green ended in less than 5 hrs. - page 3. (Read 727 times)
If you were here for a long time you won't be surprised on how the price drop like that. I've seen it many times, taking time in increase but will decrease faster. Also, don't take every rise as a bull run, you will left hoping and never assume of continous rise. There's no such thing. I believe we are still far in having a bull run.
As soon as the candles are green, many people immediately think it starts a new bull run. I notice that immediately here in the forum and actually it is bad, if the people just wait for it. Much more important is the steady spread of crypto and that more and more people are using it. People should be hoping and working for something like this. Only that brings crypto forward and no bull run. I can understand the hope for a new bull run and am happy about every bull run, but a real growth would bring us all more.
A good lesson you learnt. You still no need to wait for a huge hike when you see a sudden spike occured. Just go ahead and sell them off even for a small profit as you will loose more if the price suddenly falls back to earth. Hence, set a minimum profit when ever you are in trading now as the market is such a situation you can not expect a huge profit.
Hodlers cannot be shaken with that sudden fall, because this was just an ultimate test and all your strong faith will be measured through that kind of scenario. If you're weak to handle that kind of situation you can't survive in the long run. Strong traders have long term patience and will not be discourage even though fluctuating market took more roller coaster rides.
wash rinse repeat by the whales. been watching this same scenario for years now. there never has been any liquidity and there never will be on the current trading markets. the only way this stops is if there is someone with deep pockets willing to step up and buy these dumps and force whoever is selling to have buy back at higher prices the next time. wall street has market makers who are willing to risk their own capital to buy stocks for example when there are no buyers or sell shares short when there are no sellers if there is a severe imbalance to keep the markets orderly. Currently whales are uncontested and they know this. Now if they are put on a platform like bakkt and have to trade against institutions they have no chance and I think that will be the game changer, but right now on bitstamp and bitfinex they rule with absolute power, but in time I think this will come to an end. The writing is on the wall and bitfinex and bitstamp will not be where the price of bitcoin will be determined imo. There will be larger more liquid and secure entities that will trade billions each day and would be impossible to ignore. its just a matter of time.
This was just fist sign. Looking at some old ones in 2013-2015 there were several like this jump with drop in price. Thinking next time need to act fast in sell/buy situation maybe with some proffit but need to pay attention to the charts. Or was this just spike.
That's crashing it will happened in fast time because people are excited to get some profit so possible why the bitcoin again crash and back again to the price when the price start increasing. But it's not too late for us to pump again bitcoin because we are the investor and we can do it what ever we want. Green market is always we want so everyone will buy bitcoin and keep holding it and never panic selling again it not means you not sell but make sure once you sell not all the bitcoin you have you can divided it.
If you were here for a long time you won't be surprised on how the price drop like that. I've seen it many times, taking time in increase but will decrease faster. Also, don't take every rise as a bull run, you will left hoping and never assume of continous rise. There's no such thing. I believe we are still far in having a bull run.
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
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You can make your investment now and hope that the prices will increase from now,because remember that whenever something big is going to happen there will be a small fall down on the prices. New strategy learned, ride the slow price increase and wait for the sudden price increase within a day then sell
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Next time if there is a bump it will break the last bumps high value. 
This is nothing new. We’re in a nothing zone at the moment, it happens every single time when we’re at the end of a bear market but not quite fully transitioned into the next bull market. It’s easy for big players to manipulate the market when there isn’t much volume, not many people buying.
We’ll continue like this for another 6 months until we start to get nearer to the next halving.
Use this as a time for accumulation, HODL & you’ll make great profits when it’s the bulls time to shine.
We’ll continue like this for another 6 months until we start to get nearer to the next halving.
Use this as a time for accumulation, HODL & you’ll make great profits when it’s the bulls time to shine.
i roughly agree with this. but it's important to keep in mind, we haven't shown strong signs of a bottom yet. there has definitely not been any "confirmed" reversal yet.
unfortunately, i think we could still be in a similar period to late 2014: a rally triggers all these hopes and dreams, only to end up crashing much lower a month or two down the road.
This shows of how crypto currency investment is very risky because the market movement is really unpredictable but still this sudden price fall is might be just temporary too that after couple of days or weeks it will instantly rise up again. Let's wait and see.
A good lesson you learnt. You still no need to wait for a huge hike when you see a sudden spike occured. Just go ahead and sell them off even for a small profit as you will loose more if the price suddenly falls back to earth. Hence, set a minimum profit when ever you are in trading now as the market is such a situation you can not expect a huge profit.
The downward movement today has taken most of us by surprise because it was least expected to happen after the few days green ride. But this is not the end, Bitcoin always recovers. Next time, I will try and reduce my greediness level in order to cash out when the market spikes and buy more when it goes down.
From the beginning the rising is suspicious, from the technical analysis is a bit weird to see the spiking happened, nowadays the mindset of the investors is different, they had learned a hard lesson since 2017 so without a good reason they won't invest, and a little rising could be the sign for them to sell off their coins
I thought the slow price increase of Bitcoin is a sign of a Bull market but I was wronged, it happens so fast.
Its quite funny when people are still expecting a bull run in 2019, the Bitcoin market is gonna fluctuate throughout the year. The market price for Bitcoin will be between $3000 to $5000 throughout this year. Smart investors are those who are gonna make some amount of profit from this fluctuation in the price of Bitcoin. I will advise people spend time observing the trends at which the Bitcoin trading are going at various exchange platforms. 
I guess some whale had been looking for an exit and decided to go all at once. If not, then this is definitely market manipulation. A little more green and I'm buying more.
Were not sure for its market manipulation but we simply to think that everything still uncontrollable and any time will experience like these. We're just surprise to have a sudden drop after a week of green, we can't nothing but to the accept the way it is. And we end up such possibilities that this is whales doings.
I guess some whale had been looking for an exit and decided to go all at once. If not, then this is definitely market manipulation. A little more green and I'm buying more.
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.
New strategy learned, ride the slow price increase and wait for the sudden price increase within a day then sell
.I see this is manipulation from whales
I was wary of riding the wave of upswing without a vigorous follow-up
Because the declines occur within a few hours and this is what happened
Even so I see the overall market trend is bullish.
The market can turn up and down thus its not new anymore, its a typical scenario of how crypto works that's why if you see an opportunity to make profit grab it and dont wait longer especially if you're short term trader.
However this is different if you're planning to hold for long period because long term hodler dont mind whatever the current status of the market. There's no need to panic since we have a target price and time frame on when to take profit.
Price drop can happen even less than 5 hours so if you are regretting not selling before it happened dont feel bad, fluctuation is quite normal therefore timing the market and sell once it recover again.
However this is different if you're planning to hold for long period because long term hodler dont mind whatever the current status of the market. There's no need to panic since we have a target price and time frame on when to take profit.
Price drop can happen even less than 5 hours so if you are regretting not selling before it happened dont feel bad, fluctuation is quite normal therefore timing the market and sell once it recover again.
True, I am sure only short term traders will be worried about these kind of quick pump an dump and the long term hodlers will not be bothered about these fluctuations since they have a set target and i personally believe in long term hodl but i will be bit worried if the value of bitcoin goes below the value of $2000 as that's the worst i have imagined could ever happen this year and if things go the right way then bitcoin will see it's highest peak till date because i know some of the big whales have sold huge amount of bitcoin which led to crisis and repurchased it under the substantial price to repeat it again but before they do that the price will rise again for almost a quarter which will bring in a lot of changes in the way market operates if the prediction is true.
The market can turn up and down thus its not new anymore, its a typical scenario of how crypto works that's why if you see an opportunity to make profit grab it and dont wait longer especially if you're short term trader.
However this is different if you're planning to hold for long period because long term hodler dont mind whatever the current status of the market. There's no need to panic since we have a target price and time frame on when to take profit.
Price drop can happen even less than 5 hours so if you are regretting not selling before it happened dont feel bad, fluctuation is quite normal therefore timing the market and sell once it recover again.
However this is different if you're planning to hold for long period because long term hodler dont mind whatever the current status of the market. There's no need to panic since we have a target price and time frame on when to take profit.
Price drop can happen even less than 5 hours so if you are regretting not selling before it happened dont feel bad, fluctuation is quite normal therefore timing the market and sell once it recover again.
At least we some green on the market 
maybe this is the sign for a true bullish market
maybe this is the sign for a true bullish market Thats not what you call a bullish market but that was a bull trap . we got trick by a big trap because the increase ended only in a couple of hourse . too bad i missed the boat again .
As expected before the end of week, a correction was eminent... though I sold of a little earlier at 3900. I hope to perfect the art of buying the low and selling when it's high.
Not bad mate . 3900 is already better than today price . thats good because you already decided to sell your coins just before the dump occurs . tho you cant perfect the art of buy low sell high because the ups and downs of the price dont have limit .
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