Bitcoin Forum
May 11, 2024, 05:02:29 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Is this sideways price action killing you like it is me?  (Read 251 times)
Carlsen
Hero Member
*****
Offline Offline

Activity: 910
Merit: 501


View Profile
January 27, 2018, 08:52:21 AM
 #21

I think the market needs a breather.
The up and down with the high volatility in the past month, that was surely eating up the nerves of many traders. I can understand if they want to get a few quiet days.
What I find interesting is that we did not see more movement in the bitcoin price after the NEM theft. Maybe we are really moving into a more quiet phase these days which will last longer.

  It's me!!!
1715446949
Hero Member
*
Offline Offline

Posts: 1715446949

View Profile Personal Message (Offline)

Ignore
1715446949
Reply with quote  #2

1715446949
Report to moderator
1715446949
Hero Member
*
Offline Offline

Posts: 1715446949

View Profile Personal Message (Offline)

Ignore
1715446949
Reply with quote  #2

1715446949
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
andrei56
Sr. Member
****
Offline Offline

Activity: 840
Merit: 254


View Profile
January 31, 2018, 02:00:10 AM
 #22

This sideways price action shouldn't bug you except if all your funds are all in one place.. If so, then take some of it out and look for better opportunities. It's also good to spread out your funds to minimize risk..
This may seem like a good option but things are not so easy, people try to chase profits and in their efforts to get profits they lose money, this happens all the time, you see people buying the hottest coin and they buy for a bad price, the coin goes down in value and now they need to decide if they keep holding hoping for the coin to recover its value or sell and admit they made a costly mistake.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!