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Topic: this is Bull trap - page 3. (Read 383 times)

full member
Activity: 2100
Merit: 174
June 30, 2018, 02:07:47 AM
#12
It seems that the phrase “Fearful when others are greedy and greedy when others are fearful.” is perfect in this scenario. The graph looks almost artificially pumped to make newbie investors jump in the ride. As for me though, I'm not selling. I'll wait for the dust to settle.
full member
Activity: 1008
Merit: 149
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 30, 2018, 02:04:40 AM
#11
= most are predicting 5000$ is bitcoin lower so ready for it.

a lot of people are "predicting" a lot of weird shit. if you want to believe whatever others are saying then you will end up with your pockets empty. there are a lot of others saying price will fall to $3000. there are a lot of others saying it will fall down to $1000. and there are a lot of others saying it will rise to $10k,.... and so on.

=accumulation period also now

it can not be both an accumulation phase and a bull trap at the same time!!!


for most altcoins this most probably IS a bull trap because they are still at least another 40-50% above their real value and they need to go down before the dumping ends.
This does look like a bull trap, but this market is so volatile and complicated which is why it is tough to predict what will happen in the future. I strongly feel that Bitcoin will rise back up to $10k in August, but I could be completely wrong since this year has mostly been unfavorable for cryptocurrencies so far. No matter what happens, HODLING seems to be the better scenario at present. Lets see what happens.
member
Activity: 845
Merit: 52
June 30, 2018, 01:50:42 AM
#11
I woke up this morning to see my sell orders executed, I should have bought more before going to sleep, but now I suspect this is going to be a trap because market cap suddenly just increase overnight, am trying not to get emotional about the market trend, I will wait for a correction while short trading.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
June 30, 2018, 01:40:22 AM
#10
May be. The dip has been here for very much longer than the usual and some of them do predict that this is just another course correction in terms of the prices and nothing else. The bull run is expected since few months now and we are already in the Q3 of this year. Expect some good spikes by the end of Q3 as the same thing happened last year too. We plugged to 5K, moved back and forth for a while and there was sudden pump to 8-10K USD range. That was the period of actual bull run and same thing gonna happen this year too. I am very much positive about this statement.  Wink


You are who realize of statment and the deep meaning. This is good for buy back
jr. member
Activity: 154
Merit: 1
Axioma Holding - Axioma Pay Crypto Card
June 30, 2018, 01:39:41 AM
#9
Do not panic. this is bull trap. short time increment of alt and bitcoin. please be alert to invest.  suddenly the market can goes to deep red again. because the red dip still not over


= end of July most probably this dip period may be over

= most are predicting 5000$ is bitcoin lower so ready for it.

=accumulation period also now

=for day buy back traders face good.

I do not panic about the state of the market, for those who have long known crypto, they will not panic, they will make a buy back when the price is cheap, when prices rise high, they will sell it
sr. member
Activity: 630
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
June 30, 2018, 01:35:41 AM
#8
May be. The dip has been here for very much longer than the usual and some of them do predict that this is just another course correction in terms of the prices and nothing else. The bull run is expected since few months now and we are already in the Q3 of this year. Expect some good spikes by the end of Q3 as the same thing happened last year too. We plugged to 5K, moved back and forth for a while and there was sudden pump to 8-10K USD range. That was the period of actual bull run and same thing gonna happen this year too. I am very much positive about this statement.  Wink
sr. member
Activity: 658
Merit: 251
June 30, 2018, 01:32:51 AM
#7
Yeah currently market is very risky to invest I don't recommend to invest but buy some coins if you have the money otherwise just hold your coins. I don't think anyone can predict the market but this can be true or not. Take your time to study the chart and then make the decision. Good luck
member
Activity: 196
Merit: 10
Open and Transparent Science Powered By Blockchain
June 30, 2018, 01:31:36 AM
#6
I also think it's just a bull market trap right now.
Because there is no reason to support the arrival of the bull market, there are too many tokens now, so the amount of money in the market is obviously insufficient.
hero member
Activity: 3038
Merit: 617
June 30, 2018, 01:26:45 AM
#5
A sudden spike like this wouldn't mean the bloodbath is over. Its just too sharp that I can't believe its ready to fly this high instantly like it can cut a diamond.
You probably just wait til the bottom is reached before plunging into the market again. The newbies already are learning what to do so let the whales be whales.
newbie
Activity: 81
Merit: 0
June 30, 2018, 01:22:31 AM
#4
I thought as much too. I just saw that the landscape is green this morning when I logged in to my Blockfolio. The first thing that came to my mind was bull trap. I could remember the July - August bloodbath last year. It was crazy. I don't think we are out of the woods yet
legendary
Activity: 1946
Merit: 1137
June 30, 2018, 01:14:08 AM
#3
= most are predicting 5000$ is bitcoin lower so ready for it.

a lot of people are "predicting" a lot of weird shit. if you want to believe whatever others are saying then you will end up with your pockets empty. there are a lot of others saying price will fall to $3000. there are a lot of others saying it will fall down to $1000. and there are a lot of others saying it will rise to $10k,.... and so on.

=accumulation period also now

it can not be both an accumulation phase and a bull trap at the same time!!!


for most altcoins this most probably IS a bull trap because they are still at least another 40-50% above their real value and they need to go down before the dumping ends.
copper member
Activity: 140
Merit: 0
June 30, 2018, 01:08:30 AM
#2
The price surge is due to positive outcome of some projects that converted their blockchain on their own like trx, eos and some major coins. Also ethereum is improving so there's a lot will probably buy back. Last week was a shopping time and will extend maybe 2 more weeks, time to stay calm now
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
June 30, 2018, 01:06:43 AM
#1
Do not panic. this is bull trap. short time increment of alt and bitcoin. please be alert to invest.  suddenly the market can goes to deep red again. because the red dip still not over


= end of July most probably this dip period may be over

= most are predicting 5000$ is bitcoin lower so ready for it.

=accumulation period also now

=for day buy back traders face good.
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