This downward movement is heavean for good traders, even if we are in a bear market, short term profits possibilities are insane during this times, we will have green days, and even though we might not see the december highs for a while, it might be a good time for all of us to increase our trading skills. Remember, people get rich during recessions
Not many. You have to be very lucky or very skilled to try buy the dips and sell the highs in this market. The people profiting are the ones who shorted or sold near the top and are not looking for opportunities to close shorts or re-enter at lows.
After reading several topics about how bitcoin is going down and how people are getting out it just crossed trough my mind that FUD has started to shake weak hands(again) and that in next few days bitcoin really might start going up.
Anyone share the same opinion?
It seems to be that way but I would've thought most of the weak hands would be gone by now. There's too much optimism still around, which either means we are going to recover or we are nowhere near out of the bear market yet. As bullish as I am, I'm leading to the latter, there's not enough despair and panic yet to be at a bottom.