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Topic: Where will this fluctuation end ? - page 3. (Read 2345 times)

hero member
Activity: 1008
Merit: 501
October 28, 2019, 12:01:01 AM
#67
Bitcoin volatility never will end! Volatility and crypto both are bonded with each other! So, sometimes the price will go up and sometimes down! You have to be careful to pick the best time for buying and selling Bitcoin! To me, I think Bitcoin price now started growing, maybe this year, we are not gonna see the bearish season! Bitcoin already broke 10K zone, now again it is going to hit 10k and then 12K USD!
legendary
Activity: 2338
Merit: 1124
October 27, 2019, 02:38:02 PM
#66
The price went down significantly yesterday, did you take advantage of it? I say this because most the time I see people claiming they want the market to move more abruptly and then when it does they get scared and then they get out of it instead of taking advantage of it, however the kind of fluctuation that we are seeing in the market happens really fast, this is not something that you could take advantage if you are an investor instead of a trader.
Lol. You know that things are easier said than done, and I can understand what you are saying, we have many people like that who usually buy every dip, but when the dip comes, they don’t take the advantage of it but start panicking and thinking that the price could even still dip somehow more than what it is.

I don’t think I can blame them that much it is just the uncertainties of people that causes that and the fact that crypto market is purely a volatile market which many people are being careful not to make a wrong decision that could keep them hanging for year. The decision I made to buy bitcoin when it was $19800 is what is still keeping me hanging now for years because I can make much more investment move till I recover that first.
sr. member
Activity: 910
Merit: 254
October 27, 2019, 08:03:38 AM
#65
Volatility is the feature that make these decentralized currencies different from others and no one can exactly tell what will happen next a pump or dump situation in the market.But according to me the prices have surged crossing $8500 zone to reach above $9500 and it will rise and we can see a correction after that dropping price and after that next year we will see proper bull run hitting the market taking prices to almost $20k.So wait and just speculate about it.
sr. member
Activity: 896
Merit: 268
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October 27, 2019, 01:34:38 AM
#64
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

I guess we're going to a new price pump. It has been a long time ago, several days had passed but it doesn't change a mere situation wherein bitcoin would go dump. It still holds a worthy price although it had much more way back in 2017. As of now there is a several changes sudden pumps might be a hint for a huge pump later on. It might be hard to predict but as long as bitcoin value are stable at such rates I don't think it would go down to the point it might be dump.
sr. member
Activity: 2506
Merit: 368
October 25, 2019, 05:47:36 PM
#63
The fluctuations will never end at any point you are expecting it, remember it's an open market and the price manipulation is also present in it. You can do some things about it if you want to go with it or go against it but you have no choice here, so you will end up following with them instead.
sr. member
Activity: 1190
Merit: 306
October 25, 2019, 02:20:45 PM
#62
I'm kind of in awe of what bitcoin did in the past 24 hours, but I'm far from certain that the gains its seen can be held on to.  Even at $8600 bitcoin isn't out of the range it was trading at lately, but on the other hand it is good to see it about $1000 higher than it was.

No idea where the fluctuation is going to end and when bitcoin will start moving in a definite direction, but I am hoping 2020 will be better than this year and I do think that next year there will be a sustained trend one way or another.  I don't think there has been a calendar year that's gone by when that hasn't been true.  I'm just hoping the trend isn't downward, which is always a possibility.
legendary
Activity: 2464
Merit: 1102
October 25, 2019, 02:16:06 PM
#61
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.
What I can predict is that bitcoin cannot go lower than $7000 no matter how dip it may want to go, and anytime from now or when it dips further to $7000 is when the bull run will start, and with everything that I am seeing now, I don’t think that it will be more than a month more before we actually climb back to the previous $10000 which I think it is the one that will now set the mark for another uptrend for bitcoin.

The downtrend is almost over, all the corrections that we will be seeing for the year is what we have seen already, and from now on, I think we will be seeing the price of bitcoin continue to shoot forward. The fluctuation will be over very soon, and the bear that has put us in this downtrend will be finally gone for the season till maybe after the next bull run of bitcoin when they would want to enter the market again.
sr. member
Activity: 994
Merit: 257
October 24, 2019, 11:44:53 AM
#60
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.
The price went down significantly yesterday, did you take advantage of it? I say this because most the time I see people claiming they want the market to move more abruptly and then when it does they get scared and then they get out of it instead of taking advantage of it, however the kind of fluctuation that we are seeing in the market happens really fast, this is not something that you could take advantage if you are an investor instead of a trader.
legendary
Activity: 2100
Merit: 1058
October 23, 2019, 09:36:02 AM
#59
Naturally, those that trade in expectations of profiting with these small fluctuations would expect a profit of small amounts if not none. Bitcoin investment is a long term investment, not a short one. Plus, predictions made on a short term of a month isn't even worth calling a prediction. Not many factors could be made with that short month and most holders and trade analysts are actually analyzing and prediciting the price once the halving occurs or by the end of the year at the least.
Sometimes, these fluctuations may actually not be small to the traders, it all depends on how much the trader is trading with, imagine a trader buying about 10 btc when the price was at $7800 which will all know how the price recovered back to like $8000, if the trader sell the 10 btc at that time, it means he or she must have made at least $2000 on that transaction alone just within a week, which I even think that bitcoin went back and forth within that range almost twice, it is only when we trade with a very low amount that we usually count such fluctuation profit as small, and the biggest of them all is when you leverage, leveraging does not know how small the fluctuation is, the more you leverage is the more that you get from the trade.
hero member
Activity: 1078
Merit: 507
October 23, 2019, 12:18:46 AM
#58
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.
Price is moving sideways, lately. It is in accumulation stage. Any movement from here on will lead to a trend. There can be a continuation or trend reversal. The immediate resistance is of $8800 and immediate support is of $7700. BTC just bounced back from the support but isn't able to cross the resistance. Any breakout from here will define a long term trend. This isnt the time to jump in a trade until and unless there is some clear indicator.
hero member
Activity: 1862
Merit: 601
The Martian Child
October 23, 2019, 12:08:13 AM
#57
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.

Price fluctuations is normal. Everyone wanted bitcoin volatility to slowdown because it has been the issue. Many questioned how can bitcoin becomes a normal mode of payment if its level of volatility is too high. Bitcoin's chances of becoming mainstream worldwide is for its fluctuations to stabilize. Or it could be that once bitcoin reaches its value in trillion dollars then it will be harder for its price to have a big upward or downward movements. A true bitcoin fanatic should be thinking long term and not just for short term profits. Remember that every major pump follows a major correction. That correction could be even deeper than.         
sr. member
Activity: 1624
Merit: 341
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October 22, 2019, 11:50:10 PM
#56
Fluctuation will never end till whenever .as long as there are supply and demand in cryptocurrency market.since the beginning of cryptocurrency market has high volatility in market.everyday we see bitcoin price move up and down with wide range. By this fluctuation our psychology really tested , will we strong to face or not .if we strong face it, i am sure we will get great deal from bitcoin price.
member
Activity: 176
Merit: 10
October 22, 2019, 06:37:23 PM
#55
Don't think we're are going to see anything cool from BTC until 2020, just going to be pretty small movements.
We share a similar opinion, but one that's less popular because you will only satisfy people by saying that we will break through the $20k mark before the end of the year, while that obviously isn't going to happen at all.

We have seen the price go up way more than many expected, so why are people so upset that the price is taking a healthy step back? Instead of complaining start accumulating....

If you in January would have told people that we would see $14k this year, they would tell you to seek professional help. Everyone was expecting the price to fall under the $3k mark and bottom out just under/above $1k.
There is a reason why greed is considered to be a character flaw, there is nothing wrong with wanting greater material gain and it could be argued that natural desire has been the fuel for many inventions and discoveries, but it can come to a point in which it becomes an obsession and that is what we see in this market too frequently, the market already gave incredible profits to anyone that was ready to take them and for many the recovery is still not enough, they want more but we know the market is not going to move according to their wishes and if they keep trading expecting to see further growth most likely they will lose money instead of earning it.
I think we will see the end to this price fluctuations by the end of January to early February 2020. In this year of 2019, not much has happened in the cryptocurrency market since only the bitcoin price got the major price pump while the entire altcoins market is down. maybe we will see some developments in early 2020.
STT
legendary
Activity: 4102
Merit: 1454
October 22, 2019, 05:11:42 PM
#54
Change is the only constant, I'll post when I see a clear trend again but for now the price is just a normal market sorting between buyers and sellers.

I'm looking for a bounce here as a sign we have perhaps beaten previous selling, however its always speculation if it will do any coordination with a prior sequence of falls or rising prices.
  

A good point to take would be if we can hold above the 8 day average price, we already lost the short term bounce in action over the weekend.   See how we fair in asia trading, a dip before we rise back to 8500 is possible.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 22, 2019, 04:23:26 PM
#53
Don't think we're are going to see anything cool from BTC until 2020, just going to be pretty small movements.
We share a similar opinion, but one that's less popular because you will only satisfy people by saying that we will break through the $20k mark before the end of the year, while that obviously isn't going to happen at all.

We have seen the price go up way more than many expected, so why are people so upset that the price is taking a healthy step back? Instead of complaining start accumulating....

If you in January would have told people that we would see $14k this year, they would tell you to seek professional help. Everyone was expecting the price to fall under the $3k mark and bottom out just under/above $1k.
There is a reason why greed is considered to be a character flaw, there is nothing wrong with wanting greater material gain and it could be argued that natural desire has been the fuel for many inventions and discoveries, but it can come to a point in which it becomes an obsession and that is what we see in this market too frequently, the market already gave incredible profits to anyone that was ready to take them and for many the recovery is still not enough, they want more but we know the market is not going to move according to their wishes and if they keep trading expecting to see further growth most likely they will lose money instead of earning it.
sr. member
Activity: 2436
Merit: 343
October 21, 2019, 05:00:44 PM
#52
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.
You/We don't ever need to expect that cause even local stock have that fluctuation how much more with this volatile market. Price fluctuations are a thing that certainly brings crypto/Bitcoin to its popularity. This scheme has gives a huge benefit to us, in fact, this is a way that we used in the order that we can buy and sell according to our price perspective.
sr. member
Activity: 1666
Merit: 276
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October 21, 2019, 04:39:27 PM
#51
Talking about the fluctuation with the crypto market, there is no end. If it comes to an end, then we can understand crypto market is losing its value. However the usage increases the volatility or the fluctuating feature of the market will be there. This will go off only if the market goes under the control of large scale networks or corporate firms.
legendary
Activity: 3654
Merit: 1165
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October 21, 2019, 12:12:04 PM
#50
Specially if you are doing it constantly and correctly. I am not doing trading right now because I decided that long term retirement fund type of investing is good enough for me and I have managed to have decent amount of money saved thankfully (not enough to do anything like buy a house or get a shop and rent it etc etc but it is enough to sell my car and get a better car) so I can't say how it is right now.

However, back in 2018 when the price was going up and down between 6.5k and 7.2k I was buying and selling constantly, like crazy and then slowed it down during the 3.4k and 4.2k times, then when bitcoin went up to 13k+ I was on hold and had money so I made a decent profit so I stopped it all. Basically all I am saying is this is all possible.
sr. member
Activity: 1120
Merit: 255
October 21, 2019, 11:12:49 AM
#49
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.
In my opinion, yes. whales need a really big market share to make a "pump" and "dump" work. They have to ninja buy a shitload of coins without pumping the price so you want to look for low market cap, low volume and little price action during a relatively long time (weeks to months) when they stack coins getting ready for the pump.

Look also for buy and sell walls appearing and disappearing, they use this type of signals to tell other whales they are ready for the pump. Previously they shill the shit out of the coin they are going to pump" and "dump" and make people believe the price is going up because some good news just came out. They love deception.
full member
Activity: 983
Merit: 100
October 21, 2019, 10:07:03 AM
#48
I don't know that. Although this volatility makes the future of the crypto market difficult to predict, another factor that makes the future of Bitcoin difficult to predict is the fact that its use has not increased significantly in 2018, which indicates market stagnation. In fact, mass adoption did not happen as fast as the crypto industry players expected.
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