Why complain about the dump when the market warned you????

kotajikikox

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Quote from: Anonylz on September 18, 2021, 02:51:00 AM

Not everyone can read charts to begin with and even if you can market is not always what it appears, several times thr market has done the opposite of what TA indicates, so don't always assume the charts will give you the accurate signals when the market is about to dip or go up, it is not always thr case.

indeed mate, OP can simply say market send warning but it is not as i have been in this market for years and still i cannot see dump coming because it may come now but it is not later so looking for when to fall literally is not that easy.
so this thread is going nowhere as i can ask OP instead if he is really good in looking at it then he must be a Billionaire now? because he can go Buy in Low and Sell in high ? but the way His posts goes in this forum I doubt he is.

Anonylz

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Not everyone can read charts to begin with and even if you can market is not always what it appears, several times thr market has done the opposite of what TA indicates, so don't always assume the charts will give you the accurate signals when the market is about to dip or go up, it is not always thr case.

Ararbermas

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Quote from: luca prieto on September 17, 2021, 05:22:29 AM

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.
I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

probably those who are complaining about the recent dip, were investors that don't have so much time to monitor the graph and to keep updated to some news in order to get the right time to dump. I mean they're stuck up and no other choice except of holding until market become fine again reason they're making noise around the internet and complaining . Lol well we cannot blamed them because its their choice and it's their fault as well, let them regrets because of being have no consideration when it comes to such market wherein very unpredictable.. Grin

Konfusioon

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Quote from: luca prieto on September 17, 2021, 05:22:29 AM

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.
I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Learning to read market signals is obviously better than not being able to read them, but I dont think that it woul allow you to realistically avoid all or even most of the dumps in crypto. The main reason for losses usually derive from poor knowledge of crypto in general. The difference between knowing crypto vs knowing crypto markets is that if one takes into account that crypto is unpredictable and volatile then one can avoid panic-selling.

I believe that a person who buys into crypto with money they are also comfortable losing and believes in the long term rise of crypto, will do better in the market than a person who tries to fully understand the market and avoid all crashes while simutaniously riding all the highs

masulum

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hmph..

Quote from: luca prieto on September 17, 2021, 05:22:29 AM

-snip-
On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Charts are just charts, they are not 100% accurate when people use it for analysis. Each trader has a different method of analysis. Newbie, Rookie or Pro will have a different point of view even though they see the same chart. Then, Indicators sometimes have no meaning at all, when the market action is different from what we see from the chart. Everyone must learn, but we can't blame the point of view. If there are traders who complain because they are wrong, it is because they are still in the learning process. We can't just make one mistake in analyzing, especially for a newbie. Because the charts and indicators that we see may not give what we expect.

makishart

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Quote from: luca prieto on September 17, 2021, 05:22:29 AM

I see a lot of people complain about the recent dip in the market and I am surprised.

Are you new in the crypto or what? This is just another common thing for sure. I guess you have not experienced with so many people blame crypto a few years ago when bitcoin gets dumped so hard to the bottom.

Quote from: luca prieto on September 17, 2021, 05:22:29 AM

Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

The simple sentences are people who strongly believe with the project will never complaint and they will keep it for the long term while the weak hands will always be shaken by the whales that created the dump to build FUD to the market. The climate can change anytime. So many experts were predicting bitcoin could reach 25k instead of going back again to the almost 50k.
What about that? Crypto was always going up and down. This is just a common thing. People know this so well since a long time ago.

Pom_bensin

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Quote from: Ultegra134 on September 17, 2021, 05:39:11 AM

Such things are unpredictable, signals aren't accurate, and can't always be taken into account. It's not like there's a scientific method to exactly predict such a thing. There are multiple times that it looked like the market was going to crash, but swiftly switched into bullish mode.

I don't believe there's such a thing as signals, there are events that could possibly trigger a positive or negative outcome on the market, however, predicting how the market progresses is way to uncertain and unpredictable.

although not accurate but signals can usually be a starting point for taking action. let's say the signal can only be 20% accurate but we can be alert from the start to determine the best move before we get stuck in the worst situation

Ultegra134

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Such things are unpredictable, signals aren't accurate, and can't always be taken into account. It's not like there's a scientific method to exactly predict such a thing. There are multiple times that it looked like the market was going to crash, but swiftly switched into bullish mode.

I don't believe there's such a thing as signals, there are events that could possibly trigger a positive or negative outcome on the market, however, predicting how the market progresses is way to uncertain and unpredictable.

peter0425

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Quote from: luca prieto on September 17, 2021, 05:22:29 AM

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.
I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

But the question is about "Do you really know the action"? it is easy to say but trust me it is not that easy , how many traders are in crypto market? then why still there are lot more that loses than Winning?
because the reality speaks for it and that is Market like crypto in which super Volatile is hard to speculate , you can get at some point but mostly you will be wrong.
and if this is really easy then all of us now are surely millionaire right?

luca prieto

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It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.
I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

Topic: Why complain about the dump when the market warned you???? (Read 47 times)