Topic: What is happening now with the market (Read 168 times)
Market is definitely in a bad situation right now, but it seems like its recovering and by the end of the year we can expect really good numbers.
Now you absolutely need to buy. Buy on free money so that tomorrow you do not need to sell the crypt and go for this money to the supermarket.
I advise you to buy at levels of $ 7000. Hikes below are unlikely, if only briefly, to squeeze the remaining. For short, because the miners can not work for a long time in a minus.
If you have a depressed emotional state from a drawdown, then this is normal, since it is caused by a scheme that has been worked out more than once. In this state, you can not stay for a long time, sooner or later you will surrender and be sold in the negative. Shift the focus from the fact that the rate is falling, on the opportunities for earnings that the market is now opening to us
I advise you to buy at levels of $ 7000. Hikes below are unlikely, if only briefly, to squeeze the remaining. For short, because the miners can not work for a long time in a minus.
If you have a depressed emotional state from a drawdown, then this is normal, since it is caused by a scheme that has been worked out more than once. In this state, you can not stay for a long time, sooner or later you will surrender and be sold in the negative. Shift the focus from the fact that the rate is falling, on the opportunities for earnings that the market is now opening to us
I think market now is just testing every investors fortitude if they will continue to hold or they sell now because of fear that market will not recover. For me, it is just a correction and a chance for us that crypto market give us opportunity to buy more coins in a cheapest price and not to listen and be affected by FUD and whales. As long as there is an internet connection,demand and supply,market will continue to rise after drop down.
this is good and bad at the same time yeah sure they will be able to make the btc value up but since they are potential whales they will be able to control the market in the future if they actually buy.
I will be glad to merit
also remove this in your post people might change their mind into giving you merit after seeing this.
The market is not some mysterious entity that is elusive and can’t be touched. People like us, who buy and sell make up the market.
Hey.
Since 06.02.18 a lot has happened. Some had time to rejoice in the "turn", some short-tailed and met Nicholas, although the cherished meeting did not bypass the Longers after a while. The market was clearly tracking the panic and hand of the Master of Puppets: every time there was time for a local correction in motion, the dump came on good volumes.
Now the situation looks much clearer, namely: an interesting accumulation zone has appeared, where there is clearly a formation of considerable poses.
And if you now go to the Internet and look at the news, you can see something like this:
https://forklog.com/bloomberg-dzhordzh-soros-zajmetsya-kriptovalyutnym-trejdingom/
https://forklog.com/osnovannaya-rokfellerami-kompaniya-venrock-zajmetsya-investitsiyami-v-kriptovalyuty/
For those who can not see the links, I say that it's about two VERY large funds that are going to invest in the crypt.
Also, other positive news began to appear:
https://forklog.com/sec-rassmatrivaet-dve-zayavki-na-sozdanie-bitkoin-etf/
https://forklog.com/unocoin-ni-o-kakom-zaprete-bitkoina-v-indii-rech-ne-idet/
That America, that india - this is very important for the market of the country, because of them there is a large flow of investment in kriptonok. Particularly pleasant news is from America, because once again after the G20 summit, relative democracy is shown relative to the cue ball, even from the SEC. All this in perspective - remarkable signs of a sufficiently long free navigation for crypto currency without the yoke of "centralizers" and conformists.
Returning to my words about the accumulation zone, I want to draw attention to one interesting phenomenon. When news comes out, such as those about funds and their intentions, one can be boldly confident that investments have already been channeled, and the pose is formed up to 1/3 -1/2 of the whole. After all, it is not beneficial for such important media people to talk about this in advance, because even such news is enough to change the balance of power in the market, and then fill their buckets, though rather tankers, will be more difficult. And it is very difficult to keep them secret, considering that at a certain stage organizational preparation forces to open cards on the sly. And it's better to officially declare yourself than to accidentally burn.
I lead to the fact that this area is interesting for large players. This can be seen, in particular, according to technical data. There is a global zone within which individual conglomerates of protorgovka can be seen. Trade inside these zones is accompanied by increased volumes, this confirms the existing interest.
https://www.tradingview.com/x/ZKsKYhU0/
Do not forget that the market can not satisfy the interests of all. Therefore, in the short term, traders, inexperienced players and their stop-loss will swing the market in a wide range. Also, most of the goals of the market are rarely achieved. The majority goal now is the area of 3k. Therefore, the goal is unlikely to be achieved. More likely to reach the level of 5000. The area is marked on the graph.
The conclusion can be made this: the probability that the correction is nearing its completion is very high.
From the current level (7100), we will still roll back down. As he said above, there will most likely be a good chatter caused by short-term throwing. 5 thousand - more suitable target for a global reversal. But the market looks strong enough to turn from here. So the most profitable tactic now: unhurried formation of the pose at current prices.
I'm glad if the topic turned out to be interesting.
I will be glad to merit
Since 06.02.18 a lot has happened. Some had time to rejoice in the "turn", some short-tailed and met Nicholas, although the cherished meeting did not bypass the Longers after a while. The market was clearly tracking the panic and hand of the Master of Puppets: every time there was time for a local correction in motion, the dump came on good volumes.
Now the situation looks much clearer, namely: an interesting accumulation zone has appeared, where there is clearly a formation of considerable poses.
And if you now go to the Internet and look at the news, you can see something like this:
https://forklog.com/bloomberg-dzhordzh-soros-zajmetsya-kriptovalyutnym-trejdingom/
https://forklog.com/osnovannaya-rokfellerami-kompaniya-venrock-zajmetsya-investitsiyami-v-kriptovalyuty/
For those who can not see the links, I say that it's about two VERY large funds that are going to invest in the crypt.
Also, other positive news began to appear:
https://forklog.com/sec-rassmatrivaet-dve-zayavki-na-sozdanie-bitkoin-etf/
https://forklog.com/unocoin-ni-o-kakom-zaprete-bitkoina-v-indii-rech-ne-idet/
That America, that india - this is very important for the market of the country, because of them there is a large flow of investment in kriptonok. Particularly pleasant news is from America, because once again after the G20 summit, relative democracy is shown relative to the cue ball, even from the SEC. All this in perspective - remarkable signs of a sufficiently long free navigation for crypto currency without the yoke of "centralizers" and conformists.
Returning to my words about the accumulation zone, I want to draw attention to one interesting phenomenon. When news comes out, such as those about funds and their intentions, one can be boldly confident that investments have already been channeled, and the pose is formed up to 1/3 -1/2 of the whole. After all, it is not beneficial for such important media people to talk about this in advance, because even such news is enough to change the balance of power in the market, and then fill their buckets, though rather tankers, will be more difficult. And it is very difficult to keep them secret, considering that at a certain stage organizational preparation forces to open cards on the sly. And it's better to officially declare yourself than to accidentally burn.
I lead to the fact that this area is interesting for large players. This can be seen, in particular, according to technical data. There is a global zone within which individual conglomerates of protorgovka can be seen. Trade inside these zones is accompanied by increased volumes, this confirms the existing interest.
https://www.tradingview.com/x/ZKsKYhU0/
Do not forget that the market can not satisfy the interests of all. Therefore, in the short term, traders, inexperienced players and their stop-loss will swing the market in a wide range. Also, most of the goals of the market are rarely achieved. The majority goal now is the area of 3k. Therefore, the goal is unlikely to be achieved. More likely to reach the level of 5000. The area is marked on the graph.
The conclusion can be made this: the probability that the correction is nearing its completion is very high.
From the current level (7100), we will still roll back down. As he said above, there will most likely be a good chatter caused by short-term throwing. 5 thousand - more suitable target for a global reversal. But the market looks strong enough to turn from here. So the most profitable tactic now: unhurried formation of the pose at current prices.
I'm glad if the topic turned out to be interesting.
I will be glad to merit
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