Hodl hodl hodl... Bitcoin analysis

[Neitcha]

READ & FEAR NOT:
Muthu Ragul:
📌#FEAR NOT

​​📌#Biggest Crashes in Bitcoin history

📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack

📉 -36% June 2012 from $7 to 4 Linod hack

📉 -79% April 2013 from 266 to 54. MTGox stopped trading

📉 -49% Feb 2014 MTGox is gone

📉 -40% September 2017 from $5000 to $2972 China ban

📉 -48% January 2018 Korea FUD. from $19700 to 9500

Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!

[upekhaanthony]

I totally agree with your option. Thousand of crypto currency based   huge project has to come. Lot of big company invest their capital as well as effort to crypto currency project because itself has huge potential in future. Bitcoin recover with hype after every fud in history. More dip means more hype has to come .

[cryptohunter]

look it is quite clear there is far more value for those that can control the price to keep crashing and pumping it rather than going straight up

they want all the btc

most people will not have the nerves for this kind of action and will be raped hard.

[bitcoindian]

Hodl is common word for bitcoin riches

[gabmen]

look it is quite clear there is far more value for those that can control the price to keep crashing and pumping it rather than going straight up

they want all the btc

most people will not have the nerves for this kind of action and will be raped hard.

And weak hands are giving them exactly whay they want. To purchase more btc at bargain prices. That's why its important for every investor to learn about the market first so they won't fall prey to manipulators.

[BrewMaster]

look it is quite clear there is far more value for those that can control the price to keep crashing and pumping it rather than going straight up

they want all the btc

most people will not have the nerves for this kind of action and will be raped hard.

And weak hands are giving them exactly whay they want. To purchase more btc at bargain prices. That's why its important for every investor to learn about the market first so they won't fall prey to manipulators.

the thing about making profit from bitcoin is timing and knowing when to do what. and those who are making profit are doing it silently without anybody noticing.
you just have to know the trend and go with it not against it. but what usually happens is that people buy too late and sell too late creating a chaos in the market.

[1Referee]

📉 -48% January 2018 Korea FUD. from $19700 to 9500

This part I don't agree with. At the moment the market reached near $20,000 (which was purely driven by the hype around the future markets), the CME Group went live with its futures platform, and at that direct moment, gone was the hype. Don't forget that the market increases in advance of whatever happening most of the times, and that in combination with the market being near the important $20,000 level, and already in heavily overbought state, it was almost a guarantee that the market would correct significantly, and that without fud. The only thing the South Korean fud did, if it had an impact on this market at all, was giving people more incentive to start selling. People for some reason always think something bad happened when the price is going down, and that wile every market experiences phases where profits are being taken, and that without any reason. If the market is overbought, and you are in the green big time, you sell, it's that simple. We have to accept that the majority of the people don't care about Bitcoin at all, and just want their profits.

[cellard]

📉 -48% January 2018 Korea FUD. from $19700 to 9500

This part I don't agree with. At the moment the market reached near $20,000 (which was purely driven by the hype around the future markets), the CME Group went live with its futures platform, and at that direct moment, gone was the hype. Don't forget that the market increases in advance of whatever happening most of the times, and that in combination with the market being near the important $20,000 level, and already in heavily overbought state, it was almost a guarantee that the market would correct significantly, and that without fud. The only thing the South Korean fud did, if it had an impact on this market at all, was giving people more incentive to start selling. People for some reason always think something bad happened when the price is going down, and that wile every market experiences phases where profits are being taken, and that without any reason. If the market is overbought, and you are in the green big time, you sell, it's that simple. We have to accept that the majority of the people don't care about Bitcoin at all, and just want their profits.

Im not going to feel comfortable calling the $5900 the definite bottom. It's going to need to hold above $10,000 for a while, then I will be able to consider a $5900 price the bottom easily, not until then. Ideally, we want a flat nice (flat in bitcoin terms, that's a trading zone of $10,000-$12,000 ish for a month or so) then a breakout. As long as we can stay above $8000, we can aim for that, then the new FOMO will begin as the market understands the days of 4 figure per coin are over.

It is still not clear to me about futures being relevant in Bitcoin at all... why pay attention to some numbers which hold none of the underlying? I certainly never look at futures.

[Jating]

READ & FEAR NOT:
Muthu Ragul:
📌#FEAR NOT

​​📌#Biggest Crashes in Bitcoin history

📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack

📉 -36% June 2012 from $7 to 4 Linod hack

📉 -79% April 2013 from 266 to 54. MTGox stopped trading

📉 -49% Feb 2014 MTGox is gone

📉 -40% September 2017 from $5000 to $2972 China ban

📉 -48% January 2018 Korea FUD. from $19700 to 9500

Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!

I don't think that we can entirely attributed the fall from South Korean FUD in January. There are other factors as well, specially when the CME and CBOE bitcoin future contracts were about to expire. Clearly we can see some manipulations from behind causing the price to slip even further. Then there's the India FUD, Tether subpoena that added fuel to the fire to the already sensitive market.

But with bitcoin's proven record, there's not a doubt in my mind that we can overcome all this hurdle. Yes, bitcoin has died a thousand times according to people who spread panic around the forum, but it will be just a matter of time before we can see the price picking up and moving on a upward trend again.

And our battlecry? , Just HODL

[arpon11]

READ & FEAR NOT:
Muthu Ragul:
📌#FEAR NOT

​​📌#Biggest Crashes in Bitcoin history

📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack

📉 -36% June 2012 from $7 to 4 Linod hack

📉 -79% April 2013 from 266 to 54. MTGox stopped trading

📉 -49% Feb 2014 MTGox is gone

📉 -40% September 2017 from $5000 to $2972 China ban

📉 -48% January 2018 Korea FUD. from $19700 to 9500

Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!

Bitcoin has actually die several time and I am surprising why we have not see we bitcoin is been buried! Most of us think we can actually trade bitcoin without the up and down of the pricing and we expect the price to keep pumping up and not going down and when we see price dump we do believe that that is the end. The next move may push bitcoin above  $30,000.

[Zentor]

Yes, a lot of corrections Bitcoin`s price already survived but people still panicking and selling at the deep. How many times did China ban Bitcoin?

[TooDumbForBitcoin]

thread name is lol
I personally hodling from 9100-9200. Did not estimate declining to such lows  

[babygun]

look it is quite clear there is far more value for those that can control the price to keep crashing and pumping it rather than going straight up

they want all the btc

most people will not have the nerves for this kind of action and will be raped hard.

And weak hands are giving them exactly whay they want. To purchase more btc at bargain prices. That's why its important for every investor to learn about the market first so they won't fall prey to manipulators.

the thing about making profit from bitcoin is timing and knowing when to do what. and those who are making profit are doing it silently without anybody noticing.
you just have to know the trend and go with it not against it. but what usually happens is that people buy too late and sell too late creating a chaos in the market.

Timing is crucial in this crypto market. Nobody can really predict prices but by following from very closely the markets, reading blogs, newssites than you can make some nice profits.
My goal is also holding for a long term, but will cash in a part to have profit and than speculate with the rest.

[mostkey]

thread name is lol
I am personally hodling from 9100-9200. Did not estimate declining to such lows 

although the title of the thread in this sounds funny, but you must still appreciate what he made.
back to the title. when we keep hold of bitcoin without having to  existing time. it will be a distinct advantage. because basicallybini will be oemach bitcoin price increase. I also do hold since the price in the range of 8k.

[1Referee]

It is still not clear to me about futures being relevant in Bitcoin at all... why pay attention to some numbers which hold none of the underlying? I certainly never look at futures.

Thus far the massive speculation around the future markets has not been justified, and probably never will. I think the market was hyped up because of how easily these futures would allow institutions to buy exposure, but people simply forgot that futures, regardless of how much is being bought (which is super low at this point), won't be doing anything, which also makes sense. Think like this, how can something that doesn't take a single satoshi out of circulation impact the market? It's impossible, and thus you are correct to not look at them. Futures are nothing more than tools for people and professional parties to gamble with, and that's not helping at all. It's waiting for tools backed by an actual number of coins (coins that will be taken out of circulation) to be introduced to start affecting the market positively for real.

Another indication of people thinking future markets had any sort of importance, was just before the first future contracts were going to expire. People were speculating about a dip, then an increase, etc. It again proved that futures are nothing more than a gimmick not adding any value to this market. Let's wait for more useful tools to show up in the forthcoming years.

[Biscutard]

Hodl is common word for bitcoin riches

You could be one of them if you starts to invest on every coins that are available in the marketcap. By the time you know how to trade and can compete with the richest you could be one of them if you do your work very hard.

[taeewo]

Bitcoin's will certainly bounce back, same thing happened last year in first quarter and it will be cool in second quarter of the year..

[batang_bitcoin]

And weak hands are giving them exactly whay they want. To purchase more btc at bargain prices. That's why its important for every investor to learn about the market first so they won't fall prey to manipulators.

That's what they wanted as the weak hands are riding those FUDs that they are making or if they are not the who makes it then they are also benefiting from the impact it's giving in the market. As Neitcha said, bitcoin has been dead for so many times, it has been called scam, fraud or whatsoever negative name they are calling bitcoin and it has been never stopped it's growth from time to time.

Hodl is common word for bitcoin riches

For common and old investors HODL is a very simple thing.

[qwertyup23]

READ & FEAR NOT:
Muthu Ragul:
📌#FEAR NOT

​​📌#Biggest Crashes in Bitcoin history

📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack

📉 -36% June 2012 from $7 to 4 Linod hack

📉 -79% April 2013 from 266 to 54. MTGox stopped trading

📉 -49% Feb 2014 MTGox is gone

📉 -40% September 2017 from $5000 to $2972 China ban

📉 -48% January 2018 Korea FUD. from $19700 to 9500

Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!

Like what I commented on most threads similar to this, the decrease on bitcoin's price is not a new phenomenon! There are a lot of factors that may decrease its price on the markets, especially when the governments of some countries intervene with its process and transactions by imposing regulations and tax impositions but prices would soon recover after months/years. It may be upsetting to see your initial investments lose value at its first 2-3 months but the goal of investing into cryptocurrencies is to garner large amounts of profits.

look it is quite clear there is far more value for those that can control the price to keep crashing and pumping it rather than going straight up

they want all the btc

most people will not have the nerves for this kind of action and will be raped hard.

And weak hands are giving them exactly whay they want. To purchase more btc at bargain prices. That's why its important for every investor to learn about the market first so they won't fall prey to manipulators.

To be honest, most people that invested into bitcoins are to ones who are not knowledgeable on cryptocurrencies in general and its market. Due to the hype caused by social media and news, people see bitcoin as a 'short-term platform' wherein one can yield profit in a short amount of time! This may be true in some cases but understanding cryptocurrency is more than that. In order to at least maximize your profits, you need to be productive by studying the market price dumps.

[bozo333]

Bitcoin prices is not stable.  It any time to change the prices. But it will not dead. Now bitcoin reach the all country peopel. So now People  use the bitcoin for the future investment and improve the business process. So you will check the price day by day. Then you will know the price information. It help to time to invest. It bitcoin will be down. Next week it will be increase the price. You will check the coindisk for get the bitcoin information.