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Author Topic: Elevator down and stairs up for BTC?  (Read 2190 times)
likerseld
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July 04, 2018, 07:31:55 AM
 #101

December was lovely for everyone I guess but it made harm to the whole market because the coins changed hands from strong to weak hands and the strong hands seem that want the price down again to collect from bottom
Do you the benefit of rising through the stairs ? The rise will be much more stable and everyone will be confident that the price will not fall further. There will be a lot of support and volume and this will make sure the bitcoin rise will be much stable and greater this time around.
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July 04, 2018, 08:37:27 AM
 #102

I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?


I think because of the price almost stable in $6,000 to $7,000 USD a couple months ago until now we described the situation of bitcoin like walking at ordinary ladder that's my observation but because of sometimes it is color green it might be a sign to the price growing slightly up. 

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3la9l_kolbaCa
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July 04, 2018, 08:44:01 AM
 #103

Anyone that has been here for some time already knew what was happening, it was impossible to maintain the price of 20k for each coin, the price needed to go down and it did but a big problem is that after the crash people do not trust the price is going to recover because they are nervous the price will keep crashing, but even if you knew what was going to happen it was very difficult to sell when we saw the price climbing upwards every day.

The price is faster going down than it is going up and due to parabolic rise of bitcoin last December which is not sustainable because many people would later on take profits, it would obviously fall but then some would still hold on to their coins hoping for a climb up. If you are in it for the long term then it is just okay to hold on and maybe if you have more funds then you can average down but if you are just hoping for quick profits and bought near all time high then the downtrend is a pain then. One should have cut loss early.
I think we need to build a strong foundation of knowledge and proper attitude to be guided and be more productive. We have to keep oursleves ready that risks are part of the game and what's important is that we learn from every experience. Bitcoin has ups and downs, but I believe it can still potentially get back on track.
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July 04, 2018, 10:28:58 AM
 #104

I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?
From reading all of those topics, I have learnt one precious thing, that all the events on the market, whether it would be overall growth or significant fall, largest cycling one after another. There's no need to be worried.
weblouartisan
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July 04, 2018, 10:38:40 AM
 #105

I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?

The market is volatile so you should always expect some drastic changes in the price, the only problem is your patience because most of the people in the market are losing their profit due to panicking.

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July 04, 2018, 01:33:01 PM
 #106

The market is different every day. So nobody can tell you the truth about the price on the next day. You must believe in the stairs up for BTC and work with it every day. Waiting and holding for the best price is a good strategy. I think that 2019 will be a good year for the crypto.

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wdnj
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July 05, 2018, 07:59:08 AM
 #107

I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?

The market is volatile so you should always expect some drastic changes in the price, the only problem is your patience because most of the people in the market are losing their profit due to panicking.

Panic causes the elevator to go down quick while the rise of bitcoin now is really at stairs as many people, mostly beginners are still having doubt about it.

Whales are the luckiest guy in crypto as they are to maximize their profit with the panic time of the holders. As soon as Chinese New Year ended we will see an elevator with nitro. South Korean prime minister admit that he said before is just a speculation and will not end exchanges and crypto currency to their country.
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July 05, 2018, 08:03:34 AM
 #108

The market is always like that sometimes it might fall or up the prices, it depends how the people respond about it. its better to rise than rise as fast elevator then after that it will downfall like a fallen stone.
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July 05, 2018, 04:01:33 PM
 #109

I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?
It is completely ok to bitcoin to go up and down,  all those fluctuations need to make us calm, because much worse would be if bitcoin would keep the total stability, trailers would be dead then, lol.

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hatsoff2btc
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July 06, 2018, 06:48:59 AM
 #110

I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?
Did you even reason about what you posted here? Have you checked your chart to see what happened in 2017? It took us months before the price of Bitcoin went for the bull run. Right from January, February and so on, the price was being kinda stable and wasn’t making much increase or decrease and was so slow just like it is now till we reached the month of October, and the main run up was on December. So what are you complaining for, why not wait till December this year and see what happens?
Yeah the price will grow like stairs upwards. The growth will be normal and there will be no big pump in the price. Corrections will also be there but huge dip will not occur again. I think that today’s price is not bad and there is nothing to worry about it. Just hold on your coins for some time and don’t be panic about the slow growing price. Slow and steady wins the race.
fcf1081
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July 06, 2018, 06:59:28 AM
 #111

I think this elevator/stairs type of bitcoin value in the marketplace is only temporary its like season there's a time that it really up and there's time down depending on the flow of situation and the movement of current in each country..so all we can do is wait patiently and expect that it will return again to what we expect it to happen.
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July 06, 2018, 07:11:15 AM
 #112

This is exactly what is happening now because bitcoin do take 80%  down  and 20% up and that is sign that the bearish market is really and the buying power is seriously down.  Many are ready to sell below the current price and that is were the really problems is.
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July 06, 2018, 09:58:58 AM
 #113

Indeed with problems like this make the majority of traders to be worried when the exchange rate actually dropped continuously so just the patience they show to anticipate the loss and reduce the fear when investing in the future.

laracastvue
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July 06, 2018, 10:26:04 AM
 #114

I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?

I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.

What are your thoughts, elevator down and stairs up or not?

The market prices are volatile because people are still confused due to different speculations that are always coming out that is created by crypto analyst, not everyone has the courage to invest so the market is fluctuating.
raven7886
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July 07, 2018, 09:36:34 AM
 #115

Anyone that has been here for some time already knew what was happening, it was impossible to maintain the price of 20k for each coin, the price needed to go down and it did but a big problem is that after the crash people do not trust the price is going to recover because they are nervous the price will keep crashing, but even if you knew what was going to happen it was very difficult to sell when we saw the price climbing upwards every day.

The price is faster going down than it is going up and due to parabolic rise of bitcoin last December which is not sustainable because many people would later on take profits, it would obviously fall but then some would still hold on to their coins hoping for a climb up. If you are in it for the long term then it is just okay to hold on and maybe if you have more funds then you can average down but if you are just hoping for quick profits and bought near all time high then the downtrend is a pain then. One should have cut loss early.
That is how a bear market looks like. The same way the price was going so fast up last year with just very little retrace on the way down, it is the same way the price is going down faster than it is going up right now. Nothing is guaranteed yet when it comes to recovery, but the chances of downward movement is really higher than what anyone would imagine.

Probably, this year would totally be the years of the bears and some little uptrend in between, but if we are to even see the possibility of any new ATH, that would be in the next year or even next.
kidamazo
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July 07, 2018, 10:42:24 AM
 #116

It is okay, no need to be worried, just see this topic of our, from 2013 saying, why does people still buying BTC, because they were dissapointed already in 2013, then peak in 2017, all things are cyclic here.
onrise
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July 07, 2018, 10:47:29 AM
 #117

The market is always like that sometimes it might fall or up the prices, it depends how the people respond about it. its better to rise than rise as fast elevator then after that it will downfall like a fallen stone.

It is not only btc but also stock market behaves in this fashion that fall is quickly and rise takes time. The fall is more bad because we have so many panic sellers who do not want to sell but due to pressure or seeing others are selling they also start selling which result in the more fall.

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July 07, 2018, 01:42:27 PM
 #118

Price of bitcoin is volatile it goes down then up and we can't predict what will happen next so it's better to hold your coins and believe that in the future Bitcoin will recover and rise again.

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July 07, 2018, 03:29:08 PM
 #119

I have to disagree with the OP, during the last bull run it took less than a month for bitcoin to double up from $10k to 20k. Equally it got dumped at the same speed so ele up and ele down. Now it's the staircase up so we need to be patient
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July 07, 2018, 03:35:25 PM
 #120

The market is different every day. So nobody can tell you the truth about the price on the next day. You must believe in the stairs up for BTC and work with it every day. Waiting and holding for the best price is a good strategy. I think that 2019 will be a good year for the crypto.
I would rather take the stairs going up than to take elevator and dump so fast. This market moves slowly and hopefully its surely, don't rush it Just buy more bitcoin as we take the stairs going up soon we will reach the top again and of course bear market will still happen.
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