Crashes in bitcoin is just a part of getting higher profit, if bitcoin price become stable in the top we cannot buy it anymore.
So this big crash is just a chance for us to buy or invest more, because after this big crash big comeback will rise and big profits are waiting for us.
Topic: Why we need price crashes and panic selloffs - page 11. (Read 1374 times)
This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.
The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
Crash is over used as a word, pullback in bitcoin is normal even if its 50%. Actually we declined at not a great pace, normally a big crash is like a day event where prices suddenly reverse beyond the control of anyone and faster then even the news can describe.
We didnt really crash, it declined over more then a month. Thats pretty steady by crypto standards I reckon. But sure I agree generally, its more harmful if we dont pull back to confirm previous prices.
Distribution raises and expands involvement is how I've read it described.
Your statement seems totally illogical to me.Crash is always not good for bitcoin's progress and even now, we could witness panic selling to be an ongoing act and so bitcoin crash and panic selling would not help for bitcoin price to increase in future.
i think crashes happened to balance it all out. if the price of bitcoin just keeps on increasing and it's not decreasing, trading will be impossible because traders will just keep it for long because the longer its kept, the higher its value will be. there will be no circulation of coins.
I think that corrections from time to time are necessary. Crashes not so much. In a crash many people lose much money. In case that happens to somebody new to the crypto world, that person probably is not going to come back. And you can't expect any further investments from his side in cryptocurrencies. A loss for both sides I think.
Besides, a market that sucks money out of people, I always tghought that's what the banks are for...
correction must always happen for the price wont have complications for the traders not to have false assessments in every coins to invest..this is the big source of lossing when the price of coins does not have real value instead being bubbled by those whales only Besides, a market that sucks money out of people, I always tghought that's what the banks are for...
I think that corrections from time to time are necessary. Crashes not so much. In a crash many people lose much money. In case that happens to somebody new to the crypto world, that person probably is not going to come back. And you can't expect any further investments from his side in cryptocurrencies. A loss for both sides I think.
Besides, a market that sucks money out of people, I always tghought that's what the banks are for...
Besides, a market that sucks money out of people, I always tghought that's what the banks are for...
Actually even if we don't need it, it will always come around and that is only natural because cryptocurrency works like stocks that there are certain period or time that market crashes because demand will not always be high and besides change is inevitable whether the price will go pump or dump.
A crash won't always happen - not like how corrections or price drops normally come around. Cryptocurrency is very much different from stocks however in the same way they are similar as to how demand affects their price.
Price crashes only come when there a huge dump is made or when many sold their coins. When negative news or FUDs come about, people choose to sell because of their fear and this makes the price go down drastically. Most traders take advantage of these price crashes and are able to buy coins at a low price when this happens. This is what OP may have been trying to point out as a need.
This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.
The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
You should expect and having these price corrections do signifies a healthy market which i do really love to see on these kind of market where there is really a price correction because if we do talk only on moving up prices it do signifies a manipulated type of market which isnt really good for any investors or people who do engage with it. Everything would really settle down and as a wise investor or trader we should really know on how to ride the waves. The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
Maybe. And it will give more opportunities to people who have a little money to buy and invest with bitcoin. When bitcoin price goes down, it will help bitcoin to be bought by many people. And when many bought it, its price will definitely goes up. I agree that bitcoin price falling is needed.
You got a point, and is true. Everytime the support lines are at a higher value so this is why we can say Bitcoin grows, but definitely it needs to crash to be lifted.
This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.
The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
These crashes occurs because the market is immature and there is plenty of money coming into crypto from the regular joe on the street that would not even consider investing, for example, in high tech publicly traded companies.
So, yes there are necessary and they are welcome. I don´t particularly like to see my portfolio loose so much value in a week, but if that´s what´s needed... so be it.
This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.
The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
Of course, this is so. Not only does bitkoyin need a crash, but altcoyins too. There can not be constant growth, and there must be a drop, although it is very difficult to foresee and know exactly when there will be fluctuations in the market, as the crypto-currency market is relatively young.
To my opinion price dumps and crashes are normal but panic selling isn't. I always think that by now people should have already learned how Bitcoin and cryptocurrencies market is functioning and what are the basic rules and according to that also adjust their behaviour.
But the same story is repeating over and over again and doesn't help but only makes things worse.
But the same story is repeating over and over again and doesn't help but only makes things worse.
This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.
The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
You are referring to weak hands. You have your point, market crashes shakes off weak hands and empatient hodlers and traders. However, if bitcoin price will go up in the future, it is inevitable for someone to sell during the peak. Even some good traders and good holders will even sell when price recovers.
I agree that after a certain price corrections, a price pump follows next. That it the effect of price dump, this is due to people who panic sell their coins and when the market started to recover demand for btc will increase that makes the price go up.
Agree on principle, but that's just the principle of the market. If you don't have makers, you don't have takers. If you don't have sellers, you don't have buyers. It's actually as simple as that. And yes, by virtue of choice, people can have "strong hands" and "weak hands" but I feel it's a disservice to use these labels so easily. We can't do without the "weak hands", we know this. And we won't have a market if we all held. Look at stronghand coin as a matter of joking reference and we have super thin orderbooks with nowhere in sight.
We need it for correction and to give chance for others to get it cheaper but I think we have too much right now. It's becoming unhealthy and it should stabilize or else, we are either going back to the start or resume this revolution on the next few years.
Who would actually love to see price crashes if you are investing on cryptos? It's only the people who love to invest needs price crashes so they can buy cryptocurrencies at a lower price. And who needs panic selloffs by the way? It's only those who want to buy needs a panic selloffs so that they can buy cryptos at a very low price.
There's no need to crash btc price because the price are base on users,traders and investors if they still sell their coins in high or the investors invest big then the price continue to grow,we can see the price in different exchanger like binance that the price of many coins drop down and go high,the more popular crypto become the price of digital currency go high also and for me crypto create for a good transaction with our own online wallet so if this will continue to grow and all country acknowledge crypto already then the price will go really high in that time.
This crypto world is like every man for themselves.
What I mean is that OP you're looking at it on how it will best benefit you, and in a way dismissing those who sell at a loss. They certainly do not want to sell at a loss.
I guess what I'm saying is that if you had the power to affect the market, and ran a scenario that made people sell at a loss, in a sense it's like breaking into somebody else house and taking their money. When somebody breaks into another person's house, since people value their life, they shouldn't be surprise if the home owner shoot them dead.
What I mean is that OP you're looking at it on how it will best benefit you, and in a way dismissing those who sell at a loss. They certainly do not want to sell at a loss.
I guess what I'm saying is that if you had the power to affect the market, and ran a scenario that made people sell at a loss, in a sense it's like breaking into somebody else house and taking their money. When somebody breaks into another person's house, since people value their life, they shouldn't be surprise if the home owner shoot them dead.
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