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Author Topic: When Might We "Moon?"/ Bear Market Pain?  (Read 123 times)
Basmic
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March 28, 2018, 03:06:13 PM
 #21

To sell the bitcoin before it was necessary. It's too late to sell coins now. All those who panicked have already sold their coins. Now we are waiting for the price increase. I don't know when it will happen, but I'm sure it will be very soon. The market has already shrunk as a spring and soon the resistance will not be able to restrain it.
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krauzzer02
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March 28, 2018, 03:41:24 PM
 #22

To sell the bitcoin before it was necessary. It's too late to sell coins now. All those who panicked have already sold their coins. Now we are waiting for the price increase. I don't know when it will happen, but I'm sure it will be very soon. The market has already shrunk as a spring and soon the resistance will not be able to restrain it.
Yes that the thing most of the people who sold their bitcoin is the one who FOMO'ed when bitcoin is surging and trending the one who enters around 18K to 20k plus USD they think it is the easiest ride to go to the moon so they expect a lot, unexpected events occurred as the market correction enters added by the people who constantly cashing out because its holiday seasons and the rumors about the MT.Gox trustee selling his pack of coins, it will gonna bounce back soon then some people will repeat the cycle itself.

figmentofmyass
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March 28, 2018, 09:55:35 PM
 #23

might be too short if we are experiencing a correction to the raging bull market of the last 2-3 years. i wouldn't be surprised if the market corrects for a year or two.

Yep. We have been bullish since 2016 leading to the build up of a huge pump that nobody really expected in 2017.

To say that this current bear market is able to end at just a few months seems unbelievable for me. 2014, even though in a completely different context, can provide some guidelines. The markets after 2013, which was obviously a shorter and less prolonged pump, took around 3 years to fully consolidate for the next pump.

it's hard to say how things will pan out. the post-2013 action provides some guidance, but it should be stressed that charts never play out the same way twice. history rhymes (doesn't repeat), but it's also a really small data set we have. so we shouldn't be biased too much based on the previous bubbles.

but, i think it's still possible this correction will look more like summer 2013 than 2014. we really won't know until there is a confirmed lower high on the long term charts, which will confirm the long term downtrend.

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March 28, 2018, 10:02:51 PM
 #24

To sell the bitcoin before it was necessary. It's too late to sell coins now. All those who panicked have already sold their coins. Now we are waiting for the price increase. I don't know when it will happen, but I'm sure it will be very soon. The market has already shrunk as a spring and soon the resistance will not be able to restrain it.

Too late? Why? Is there a price level where we can tagged as a good price level to sell our coins? Are we aware that this dip will happened so it was "necessary to sold bitcoins before"? It's easy to say that today because you already know what happened.

Long term holders doesn't need to care of the market behaviour since that's why they called long term holders in the first place. Ups or downs, they will just hold their stash until it hits their desired price level.

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