Topic: Where the whole market headed ? (Read 206 times)
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some fluctuations are normal in any market and this current trend is a normal transition phase between two different market types. you can never expect price to just reverse up and go back to bull market always-rising in a short while. there are still bears that don't want the price to rise and they are going against the market now and crashing the price down consistently.
but the trend will reverse eventually because you can never swim against the current forever the current (which is the market trend) will always carry you with it.
but the trend will reverse eventually because you can never swim against the current forever the current (which is the market trend) will always carry you with it.
From the beginning of this pump in april I'm confused. All these runs seems fake and whale pumped and no new money is coming in. I get only bearish signals whenever i check charts but whales fuck all the TA and fundamentals. Can somebody with good knowledge clarify the scenario ?
You know dude to tell you honestly you are indeed in big trouble. All of this happening is a normal situation most especially in the cryptomarket. Don’t blame your failures to whales; they are just one considerable factor affecting the price of cryptos. Don’t focus too much also in technical analysis sometimes you need to do the common sense I order to create a sound decisions. What I like you to do is relax and calm down a little bit. You need to reboot yourself in order to come back at your right thinking state.
From the beginning of this pump in april I'm confused. All these runs seems fake and whale pumped and no new money is coming in. I get only bearish signals whenever i check charts but whales fuck all the TA and fundamentals. Can somebody with good knowledge clarify the scenario ?
Stop treating bitcoin only as a trading material to overcome these kind of bumps and dumps,that is why the whales can manipulate the prices by increasing and decreasing its demand.Most of the new investors are the reason behind the current trend of up and down but still we have time left in this year so hopefully the price will starts to bump at the second half of this year,so people start buying and holding the bitcoins. 
We are filled with new short term investors that is why it looks like a fake one. But still that is an investment. They risked their money for that so you cannot blame them.
Strong holders are getting fewer, I am still hoping there is that group who will really believe in the future of crypto currencies. What do we know, one project out there could be in the making now that will shock the whole crypto world.
Unfortunately there is nothing any of us can do about it because it is the way it is. I feel you though as most of the time you just see Tas fucking up most of the time and the only thing you can just get to do is either to stick with the trend as a short term trader or just forget about whatever is going on in the market.Strong holders are getting fewer, I am still hoping there is that group who will really believe in the future of crypto currencies. What do we know, one project out there could be in the making now that will shock the whole crypto world.
I had to find a way to follow trend to be safe most of the time, because it simply looks more like the market is not even easily tradable anymore with TA, but all in all, we are just using some level of education to gamble our way in the market anyway.
Right now, it seems that the market is trending downward again due to the issues in Bitcoin futures and another cryptocurrency exchange being investigated. However, I would not worry about that because next week is going to be huge for all of us as the Consensus 2018 week will begin on May 14th. As what I have seen in the previous charts, Bitcoin prices will spike during the post-Consensus week. So for me, it is a good time to buy during the dip.
We are filled with new short term investors that is why it looks like a fake one. But still that is an investment. They risked their money for that so you cannot blame them.
Strong holders are getting fewer, I am still hoping there is that group who will really believe in the future of crypto currencies. What do we know, one project out there could be in the making now that will shock the whole crypto world.
This is absolutely right. Eventhough short term investors are small traders but the numbers of these people is out numbered the whales out there, this few uptrend and downtrend of prices is their doing, and we cannot blame them. In my opinion there is still a good future in crypto currency, its a matter of time that crypto will rocket up so dont loose hope.Strong holders are getting fewer, I am still hoping there is that group who will really believe in the future of crypto currencies. What do we know, one project out there could be in the making now that will shock the whole crypto world.
From the beginning of this pump in april I'm confused. All these runs seems fake and whale pumped and no new money is coming in. I get only bearish signals whenever i check charts but whales fuck all the TA and fundamentals. Can somebody with good knowledge clarify the scenario ?
you were confused because you made a move based on pure TA and fundamental analysis.
you should have seen something like this before right ? 'cryptocurrency is different compared any other conventional market,any TA and fundamental thing won't work'.
it's because cryptocurrency's market was pure manipulation,
it won't move based on TA and findamental analysis because the price was decided by some people/group or organization.
the reason why we're seeing a lot of bear because they wanted to create an uncertainty,
why they did that ? to maximize their profit and position.
i think it works that way.
We are filled with new short term investors that is why it looks like a fake one. But still that is an investment. They risked their money for that so you cannot blame them.
Strong holders are getting fewer, I am still hoping there is that group who will really believe in the future of crypto currencies. What do we know, one project out there could be in the making now that will shock the whole crypto world.
This is absolutely right. Eventhough short term investors are small traders but the numbers of these people is out numbered the whales out there, this few uptrend and downtrend of prices is their doing, and we cannot blame them. In my opinion there is still a good future in crypto currency, its a matter of time that crypto will rocket up so dont loose hope. Strong holders are getting fewer, I am still hoping there is that group who will really believe in the future of crypto currencies. What do we know, one project out there could be in the making now that will shock the whole crypto world.
The signal is very clear and if you know how to analyze crypto currencies market you will find out that everything is heading bullish. It might not be I short term but in long term everything is going bullish. I don't think we would go down more than were bitcoin is it now.
I see bitcoin shocking everyone towards the end of this year with an unrealistic increase. Please don't take my word for it. Invest responsibly, never invest what your not willing to lose.
The signal is very clear and if you know how to analyze crypto currencies market you will find out that everything is heading bullish. It might not be I short term but in long term everything is going bullish. I don't think we would go down more than were bitcoin is it now.
From the beginning of this pump in april I'm confused. All these runs seems fake and whale pumped and no new money is coming in. I get only bearish signals whenever i check charts but whales fuck all the TA and fundamentals. Can somebody with good knowledge clarify the scenario ?
Believe it or not the crypto market will become a multi-trillion dollar market. Yes it's very bearish, but its more promising than index funds by far.
Just invest in value, not the hype, bullshit etc. and don't be greedy you will learn to be patient and not to care about whether it is fake pump or not.
From the beginning of this pump in april I'm confused. All these runs seems fake and whale pumped and no new money is coming in. I get only bearish signals whenever i check charts but whales fuck all the TA and fundamentals. Can somebody with good knowledge clarify the scenario ?
it's because cryptocurrency's market was pure manipulation,
it won't move based on TA and findamental analysis because the price was decided by some people/group or organization.
the reason why we're seeing a lot of bear because they wanted to create an uncertainty,
why they did that ? to maximize their profit and position.
That's possibly like that, the market is controlled by some people / group or organization. If talking with alt coin, it is most possibly like that as a coin totally just in amount less than 1 billion USD. There are some people who own the fund more than 1 billion, surely they can control the price. But if talk with BTC, I think will be difficult to control the price except they are joined together. Just do a math for how much money required to control BTC price, totally around 17,000,000 x 10,000 = 170,000,000,000 USD. To control the market just need 100 billion USD, but I think now the big people is difficult to combine total amount of money with that value. I don't know if some trick to be applied then controlling BTC price just need much less amount.
If this case true, the price will be headed by them and we are here just to follow the movement.
Because the market is still very young we are seeing s lot of panic buying when the price is low and then panic selling when the market is up. This is driving the daily 10% swings in the market lately. The market will soon stabilise and move on with time, we just have to be patient.
Price action of Crypto is not fake, the price was move base on news that exist in the market. I see now the daily volume and market cap was increase so that mean any new money come to the market, just need more times for this crypto market and will be going all the times high again like before. Need more good news again and all big crypto will moon.
With the market surging in recent days, this is a blow to the whale market of Crypto. If they depend only on supply and demand, prices will rise slightly and over time. In this case, the price of BTC suddenly rose, and stood at above 9k $. This is a very unusual thing.
From the beginning of this pump in april I'm confused. All these runs seems fake and whale pumped and no new money is coming in. I get only bearish signals whenever i check charts but whales fuck all the TA and fundamentals. Can somebody with good knowledge clarify the scenario ?
Follow your own instincts, if your instincts are telling you that this is not a bull run and that this is going to end very soon, personally I have the same thoughts, I'm not an expert in trading but by looking at the news I do not see any reason for the price to go up significantly, not that it matters that much to me because I'm not going to sell or buy right now but still I like to watch the market from time to time and try to determine what it is going to happen.
No one can predict exactly what the whales will do next. But in my opinion we should not care much, do not be too greedy in the Crypto market. When you hold a profitable coin you sell it for profit, so do not expect too high, they will drop at any time.
Don't expect the market to rise in a very short term, It has increased from $6000 to $9000, that makes 50% gain. 50% gain is great if you buy at $6000 and you must be very satisfied with this rise.
Exactly, that's a good profit already but some people are still not contented about their earnings. Cryptomarket can pump easily by whales and you have nothing to do with that but to ride with those whales. This market will be go higher in long term, its hard to tell if you are just looking in a short period of time.
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