Topic: Whats wrong with btc - page 3. (Read 418 times)
I don't think having a coin that moves 10-20% every day is a good market indicator. It's good that bitcoins are not moving so heavily anymore. It's a sign that the BTC market evolved and is more mature which makes it more attractive for investors. Showing lower volatility means that we have less noise in our trading signals. Its very similar to the stock market where small and mid cap companies move much more than the blue chip stocks. A sideways trend is also an indicator.
Personally, I don't think other tokens and coins are going to stop following BTC anytime soon. Yes, Bitcoin has remained a bit consolidated and some others have made moves recently, but it's not like all these tokens are setting new all time highs while BTC isn't moving much. I'm looking at CMC right now and BTC is in the red over the last 24 %, so are just about all the other tokens there except a few, which are up like 1-2%..You know the market is volatile and once Bitcoin starts shooting up again we'll see these other altcoins follow again. I wouldn't go giving up BTC as an indicator just yet, but I would also never make my main crypto strategy one based solely off other tokens/coins following Bitcoins path.
Bitcoin is speculative asset and market movement indicator and it should do what it should.
If it dont get the job done its not needed.
Simple way i say it.
If it dont get the job done its not needed.
Simple way i say it.
Actually bitcoin doesn't have to do anything.
And the white paper didn't tell anything about speculative asset. Are you sure you've read it?
The fact you expect something from it... that's basically your problem.
Not only me but many traders think same.
Whitepaper is just someones fantasy and imagination anyone can write all kind of things.
Right now its clear what btc for are to be speculatative asset and market movement indicator.
But lets see if btc show better side and be useful for traders again
Bitcoin is speculative asset and market movement indicator and it should do what it should.
If it dont get the job done its not needed.
Simple way i say it.
If it dont get the job done its not needed.
Simple way i say it.
Actually bitcoin doesn't have to do anything.
And the white paper didn't tell anything about speculative asset. Are you sure you've read it?
The fact you expect something from it... that's basically your problem.
4h ago you made a thread basically complaining about the price fluctuations. Now you are complaining that the price doesn't move much...
You can learn patience and enjoy the ride or you can... basically do this:
You can learn patience and enjoy the ride or you can... basically do this:
Bitcoin is speculative asset and market movement indicator and it should do what it should.
If it dont get the job done its not needed.
Simple way i say it.
4h ago you made a thread basically complaining about the price fluctuations. Now you are complaining that the price doesn't move much...
You can learn patience and enjoy the ride or you can... basically do this:
You can learn patience and enjoy the ride or you can... basically do this:
I will advice you not to think some altcoins is the new trend, there are some you will take money into and lose. Know that you following some altcoins is like gambling. That is all I can say for now.
Bitcoin price can never be stable, then what are you saying? There will be bear and bull market, this has been the reason more people are getting to like bitcoin, some will wait for the price to fall and then also invest. The price will later increase and everyone will also still make profit if not in haste.
Bitcoin price can never be stable, then what are you saying? There will be bear and bull market, this has been the reason more people are getting to like bitcoin, some will wait for the price to fall and then also invest. The price will later increase and everyone will also still make profit if not in haste.
Its a second day and btc not moving.
What are other coins who do daily moves at least 10-20%
Bitcoin have proofed that its useful only to be market indicator but soon it will lose this position also if its not moving you cant use it as market moving indicator anymore.
If those things about btc not going to get any better then dark future wait for btc.
People move there where money is flowing good example is safe moon ...yes its funny project but at least ordinary people have improved their financial situation.
But yeaah traders knows soon btc not even good as market indicator and eth no better its also not moving.
What are other coins who do daily moves at least 10-20%
Bitcoin have proofed that its useful only to be market indicator but soon it will lose this position also if its not moving you cant use it as market moving indicator anymore.
If those things about btc not going to get any better then dark future wait for btc.
People move there where money is flowing good example is safe moon ...yes its funny project but at least ordinary people have improved their financial situation.
But yeaah traders knows soon btc not even good as market indicator and eth no better its also not moving.
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