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Topic: Where will this fluctuation end ? - page 4. (Read 2345 times)

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October 21, 2019, 12:25:38 AM
#47
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hero member
Activity: 1274
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October 21, 2019, 08:55:18 AM
#47
This is the beauty of decentralised investment, it wont stop fluctuating at all, you just need to take advantage of the situation, don't hope that the price will be stagnant, if the price is stagnant its mean there is no demand and supply and the coin is dead
sr. member
Activity: 1876
Merit: 259
October 21, 2019, 08:27:26 AM
#46
Don't know about you but I believe now we're starting to see the beginnings of the Halving. I know you can say that there are still several months left before the event. Well, it's something we can measure before and after.

And if you compare with what happened during the previous Halvings you can see some patterns if you look at repetitions of rhythmic sequences



Image credit (F.Bonelli – TheCrypto MBA)



I hope that this will come true.
we are waiting for a long journey for the next bullrun.
I personally remain optimistic that day will come even though I don't know when the time will come.
legendary
Activity: 1526
Merit: 1179
October 21, 2019, 08:33:10 AM
#46
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.
sr. member
Activity: 1400
Merit: 259
October 21, 2019, 03:15:22 AM
#45
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.

Why not?
If you can do it right then those are still profits.
Small or huge those are fluctuation that might make you some money specially when you are doing it with high numbers.
A pump is what I see for bitcoin. The stability or the low fluctuation took already long enough for it to go back now at 5 digits of value.
hero member
Activity: 952
Merit: 513
October 21, 2019, 12:21:43 AM
#44
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.
It's just fairly small movements in the market we are seeing every so often, but I wouldn't call them very impactful, since it's what happens every day and BTC is fairly stable compared to it in previous years.

There are some people that trade off these flucations and they do manage to make small profit margins, but that's usually really hard to call and it's more luck then actual good speculation.

Don't think we're are going to see anything cool from BTC until 2020, just going to be pretty small movements.
hero member
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October 20, 2019, 11:43:19 PM
#43

Yes, that's the current situation of market as people are ready to demonstrate prediction but deep down they themselves knows that i will not go as per prediction. There are users who are making profits out of this volatility by doing a daily trade but with my experience a good amount of profit can be made during huge fluctuation but not the fluctuation of few hundred Dollars.
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.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
October 20, 2019, 11:00:23 PM
#42
The fluctuation occurs between $8600 and $7800 resistance and support its seem the zones are very strong whenever price touched those zones there is always a bounce off, price had just re-bounced the latter recently and headed upward I believed if the $8600 resistance zone is eventually broken that will mark the end of the fluctuation, else the fluctuation will continue gradually the price is heading towards that zone again.
legendary
Activity: 2282
Merit: 1023
October 20, 2019, 03:35:20 PM
#41
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.
Welcome to the bitcoin market and as everyone mentioned here you should know better how the market will move, you cannot expect huge volatility like we used to see in the past because the market is maturing with more investors coming into this market. Right now there is no direction in the market and until there is a huge flow of investment in the market you wont find the bull run you are waiting for.
hero member
Activity: 3052
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October 20, 2019, 01:59:55 PM
#40
The crap is this all about?

It will fluctuate forever as long as it has it s own value.
Now, you are asking about the pump and dump, who do you think can answer you accurately about that. You are a Sr. Member and you should already know about how it will be answered.
All will just be speculation.
hero member
Activity: 1470
Merit: 655
October 20, 2019, 07:33:20 AM
#39
the stable price (small fluctuations) is the current trend of bitcoin which will continue for a couple of more months. it has been going on for a couple of other months before this too if you ignore the one time drop you can see it has been exactly like this at a different price!
this is still the whale-accumulation phase and you shouldn't think about day trading into this because things are unpredictable at this time.
my guess for the end is by the end of this year.
hero member
Activity: 1974
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Vave.com - Crypto Casino
October 20, 2019, 06:50:55 AM
#38
We have seen bitcoin persist at $8000 for almost a month to date.
However, bitcoin tends to decline when the market in this bearish situation after bitcoin failed to hold a position above $8500.
I expect bitcoin to gradually drop, probably to $7500 and the worst $7000 as the bottom before bounce back.
Nevertheless, we are heading towards the end of the year and halving, bitcoin will gain momentum to reach $10,000 soon or later.

We will see what would the outcome this year, and since bitcoin still tried to compile the best price it could touch this year; it serves as our inspirational moves to meet the best price. That $10k was just enough to fulfill the benchmark of our expectations. Never lose your grip on it, but rather push your motivations at maximum tolerance and one day you'll gain the profit which is intended for your plans.
sr. member
Activity: 1638
Merit: 261
October 20, 2019, 04:12:54 AM
#37
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.

That fluctuations that you have seen is what we call "sideway" pattern. Maybe speculators are doing short trading, that's why the moment they see some positive movement, they dump it and take the profits per day.

No one can tell when we are going to have a break out run. You don't need to be confused here, you just have to educate yourself and see what are the current sentiments are. Just don't give yourself swept by the notice that bitcoin is a get rich quick scheme and you will be OK in the long run.
Having a right mindset in order to catch up with the right market will increase your chances to earn from the situation. Fluctuation is the major part of this industry as many investors here knew about it and willing to work in order to make some good benefits.

Fluctuation is for those who are good in scalping as they can benefit with the system by paying attention to their opportunities.

Yes I think the market will become more saturated and we might see a clear divide here between daily traders who consider fluctuations as an opportunity to earn more profit, long term investors who are least bothered about the minor fluctuations and then we have those people who invested into bitcoin post December 2017 looking for a quick profit and struck in between due to sudden price dump and still trying to recover it. Fluctuations are good for traders but it's a hard learnt lesson for newbies.
hero member
Activity: 1036
Merit: 514
October 19, 2019, 10:37:25 PM
#36
We have seen bitcoin persist at $8000 for almost a month to date.
However, bitcoin tends to decline when the market in this bearish situation after bitcoin failed to hold a position above $8500.
I expect bitcoin to gradually drop, probably to $7500 and the worst $7000 as the bottom before bounce back.
Nevertheless, we are heading towards the end of the year and halving, bitcoin will gain momentum to reach $10,000 soon or later.
sr. member
Activity: 1666
Merit: 268
October 19, 2019, 09:33:47 PM
#35
Why do people want to invest in bitcoin because the price is flutuative quickly, so people flock to invest in crypto, yeah like bitcoin for example. For this reason, many traders who are experts use this opportunity to trade daily. this is very smart in my opinion, so don't be confused, this is indeed the movement of crypto up and down, just how we treat it
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 19, 2019, 10:02:49 PM
#35
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.

That fluctuations that you have seen is what we call "sideway" pattern. Maybe speculators are doing short trading, that's why the moment they see some positive movement, they dump it and take the profits per day.

No one can tell when we are going to have a break out run. You don't need to be confused here, you just have to educate yourself and see what are the current sentiments are. Just don't give yourself swept by the notice that bitcoin is a get rich quick scheme and you will be OK in the long run.
Having a right mindset in order to catch up with the right market will increase your chances to earn from the situation. Fluctuation is the major part of this industry as many investors here knew about it and willing to work in order to make some good benefits.

Fluctuation is for those who are good in scalping as they can benefit with the system by paying attention to their opportunities.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
October 19, 2019, 09:49:07 PM
#34
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.
If me i will keep see about bitcoin price, but hold. Not want to sell although it is dumped because each people have their target. My target is halving and no matter happen before it. I am really confident to hold my bitcoin.
hero member
Activity: 2870
Merit: 594
October 19, 2019, 09:05:37 PM
#33
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.

That fluctuations that you have seen is what we call "sideway" pattern. Maybe speculators are doing short trading, that's why the moment they see some positive movement, they dump it and take the profits per day.

No one can tell when we are going to have a break out run. You don't need to be confused here, you just have to educate yourself and see what are the current sentiments are. Just don't give yourself swept by the notice that bitcoin is a get rich quick scheme and you will be OK in the long run.
hero member
Activity: 2660
Merit: 551
October 19, 2019, 08:28:53 PM
#32
Bitcoin is a speculative asset? So that's very obvious that this kind of fluctuations and wild price swings are part of the ecosystem. Just like what we've seen when the price goes to $13k, it slowly fell down and then we went on another sideway patterns when it reaches $8k, so I'm sure everyone is not surprise by the sudden fall, but rest assured that there will be time that bitcoin will go on another parabolic rise to balance everything.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
October 19, 2019, 06:49:54 PM
#31
Nobody can accurately ascertain what will happen in the future, we can only speculate. For Bitcoin, It is more of the downtrend for me than any bullish scenario at the moment and I am looking at 6k before we experience any major pullback
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