The slow 5 days of green ended in less than 5 hrs. - page 4.

crzy

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Quote from: mich on February 24, 2019, 05:11:59 PM

And here I was actually beginning to thinnk that we were about to take off.
https://twitter.com/WhalePanda/status/1099697367996076034

Haha. Very accurate but Maybe a small correction so nothing to worry about and panicking is not good. The dump is not that big so we’re still on a good level. The market will recover again, and I hope this whale will do their best to pump the market.

logfiles

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Activity: 2170

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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.

tippytoes

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Activity: 1988

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Quote from: Jating on February 24, 2019, 01:37:19 PM

Quote from: TheCoinGrabber on February 24, 2019, 12:09:25 PM

I must admit, even though I keep telling my to wait for it to get back to 6k before selling, I was tempted to sell at 4k. Well, guess I missed the chance and have to wait some more.

Lol, me too, I was tempted to sell some of my stash because I wanted to buy something and then whoahh, suddenly the price goes down that fast, I miss the opportunity, but anyways, I'm not in a hurry to buy that item though, so yes, we have to wait a bit further.

But the slide, was really fast though, matter of minutes as I was monitor it, don't know what triggers it, hopefully we may have to try to get back that $4k - $42xx range again.

Somebody has that huge amount to affect the market. But I believe, it is just a normal market behavior in crypto. It will still go up as crypto adoption is growing stronger everyday. For everyone, don't lose hope.

khufuking

sr. member

Activity: 840

Merit: 266

That was very strange and surprising for me, the downfall itself is normal we see this a lot in Crypto but to happen like this and this fast after a slowly move uptrend that was shocking for me, a dump for almost %15 in less than 5 hours is strange especially there was no real reason behind this. Cry

mich

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And here I was actually beginning to thinnk that we were about to take off.
https://twitter.com/WhalePanda/status/1099697367996076034

tomahawk9

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Activity: 2086

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Cats on Mars

Quote from: leonair on February 24, 2019, 10:54:22 AM

I thought the slow price increase of Bitcoin is a sign of a Bull market

The price going up a few hundred bucks in one single pump doesn't mean anything, it happens all the time, otherwise the bull market would've started months ago. We experienced the same behaviour as the spike in December, a rapid increase from the low 3k's to 4k followed by a big dump, I don't understand why some people thought we were about to enter a new rally.

It seems like we're at the mercy of the whales for the time being, I expect this continue for a very long time.

Razerglass

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https://bmy.guide

Quote from: Velkro on February 24, 2019, 04:32:40 PM

Quote from: leonair on February 24, 2019, 10:54:22 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

.

It still could be good decision all matters is time in what you want to cash out because its bad 5 hours later but 15 hours later it could be good decision.
You never know, its market. I too rided on waves of bitcoin price many times with different approach but its all random you will realise and good decision are as random as bad ones Tongue

Lol.I also accepted similar decision after during pullback to latest pump bar. Random trading also requires to think differently than competitors who are still busy with collecting btc. Hodlers are strong and they will not regret with this decision. Anyway it was nice to see some movement on the markets.

Teawhalee

copper member

Activity: 482

Merit: 1

I am not surprised about this because I didn’t expect this small rise to mean a bull run to me . There was no news or nothing to back it up and moreover we are still in bear market so it was clear that the little rise was a bull trap that many will fall for .its just to be more watchful and not be greedy because things has changed and we should be satisfied with little profit.

Dreamchaser21

full member

Activity: 686

Merit: 108

Now many are trap on top again. This is very sad for those who are sleeping and have no power to sell their coin, well i believe it will go back to pum again as many hodlers will continue to buy more. Don’t worry if you miss the chance, you can still earn money in the future.

Velkro

legendary

Activity: 2296

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Quote from: leonair on February 24, 2019, 10:54:22 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

.

It still could be good decision all matters is time in what you want to cash out because its bad 5 hours later but 15 hours later it could be good decision.
You never know, its market. I too rided on waves of bitcoin price many times with different approach but its all random you will realise and good decision are as random as bad ones Tongue

RareFortune

full member

Activity: 602

Merit: 146

At least we some green on the market Grin

maybe this is the sign for a true bullish market that is why I keep looking on the news and market movement so I won't miss that event.

Harlot

hero member

Activity: 1806

Merit: 672

Not all hope is lost as of the moment this may just be a correction from Bitcoin not seeing green for a long time. The 3,800$ level is a known support and it was expected to be re-visited when the RSI level was extremely overbought. So we need to further observe the market in the couple of hours/days on where BTC will continue to be headed as nothing is clear from this slight decrease we are seeing.

dothebeats

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Cashback 15%

Tbh I never expected the greens to last longer than it should have, and thought that it's just another one of those bull traps/random volatility action that happens from time to time. I sold some coins earlier at its peak, $4140 and I'm not surprised to see where it's at right now. I don't see anything special about the rise recently nor anything that suggests that this is the reversal that we've all been waiting for, so I didn't bank heavily on that possibility and just went on with my day-to-day life.

Well perhaps it will still try to climb higher than $4k, knowing that that resistance can be broken with the right momentum, who knows.

vit05

hero member

Activity: 672

Merit: 526

1D and 1W chart only shows a great buy signal between 3200 and 3800. I will always buy as long as the price is in this range. But over 3800, the only thing I can do is wait to break the 4200 hard. If it does not break, it means the price will, unfortunately, fall below 4k instead of staying in that range. But there is the weekend factor. Where the negotiations are always with low volume and allow great manipulations. I am hopeful that this sudden drop will increase the volume of buy and we can break 4200 already on Monday.

Jating

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Quote from: TheCoinGrabber on February 24, 2019, 12:09:25 PM

I must admit, even though I keep telling my to wait for it to get back to 6k before selling, I was tempted to sell at 4k. Well, guess I missed the chance and have to wait some more.

Lol, me too, I was tempted to sell some of my stash because I wanted to buy something and then whoahh, suddenly the price goes down that fast, I miss the opportunity, but anyways, I'm not in a hurry to buy that item though, so yes, we have to wait a bit further.

But the slide, was really fast though, matter of minutes as I was monitor it, don't know what triggers it, hopefully we may have to try to get back that $4k - $42xx range again.

hugeblack

legendary

Activity: 2702

Merit: 4002

You want to speculate and do not want to bear the losses? This will make you lose more.

On the long-term scale "based on your belief that 5 hours long" the price has increased 5% from last week so I think you are a winner and the price did not collapse frightening collapse.

Also, price analysis without relying on news and events leads to false results.

bL4nkcode

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Limited in number. Limitless in potential.

Quote from: mk4 on February 24, 2019, 11:45:46 AM

Man. I was planning on selling a very small amount just for me to be able to purchase something I've been wanting for a while. I planned on selling it a few hours ago after playing a few games of DOTA2 with friends. Then when I checked back on Coinmarketcap, yikes. I shouldn't have waited LOL.

I think I'm just lucky bit earlier, got converted some to fiat when the price is still 4k plus due to small wants for something.

eaLiTy

hero member

Activity: 2814

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Have Fun )@@( Stay Safe

Quote from: mk4 on February 24, 2019, 11:45:46 AM

Man. I was planning on selling a very small amount just for me to be able to purchase something I've been wanting for a while. I planned on selling it a few hours ago after playing a few games of DOTA2 with friends. Then when I checked back on Coinmarketcap, yikes. I shouldn't have waited LOL.

I did not have that luxury, i send my coins in the exchange but i made a sell order for $4500 and was busy with my work and then when i checked the market i was surprised that the market went down below $3850 and withdrew my decision of selling, made my decision to sell looking at the future market , since the month end is coming i expected a fall but not this much and i am really disappointed with the speculative market without anyone owning a single coin, they are manipulating the entire market.

Darkoth89

hero member

Activity: 1274

Merit: 646

After a few days with some green, a lot of people were already sure that the bear market is over and that much better times are coming. Seems like we are still in the middle of the bear market and we cannot expect a change any time soon.

aoluain

legendary

Activity: 2436

Merit: 1362

Thats the crypto markets and its how you can loose if you are not
with yor finger on the pulse.

You have to realise the markets can drop just as quick as they can
rise and i have learned this before while trading.

It offers another chance though to buy at a lower price.

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