instead of seeking reasons,... just adjust your strategies to new trend!

[Pursuer]

this just shows that there are so many people invested in bitcoin without any clear idea what they are doing here which is why we see a lot of confused people around and eventually see a lot of panic sells and weird investing decisions when they buy bitcoin out of fear of missing out and sell it because of some FUD.
we need people to stop acting irrationally and start thinking more. if you want profit then you don't really need a rise to gain profit, drops can also be profitable. the easiest way to make profit from a drop is to buy even more bitcoin with the same amount of money and sit on it long term!

[magneto]

i keep seeing topics asking "why is it going down" "when will it reach $$$",... and everyone is panicking about when the "moon" is going to be!

well if you are not a trader then why are you even asking these questions? just buy and hold. come back in long term and enjoy the big profit.

if you are a trader then asking these silly questions won't help you. if you see price is not recovering and falling then just adjust your strategy to match the new trend. and i am not just talking about now. this happens each time the trend changes!
market is not always going to stay the same, it has ups and downs and sideways and ... for each of these trends you need a specific strategy. you can't just apply one thing to all of them.

Exactly. I would classify bitcoin investors into two categories. One category is the holders for the long term that doesn't actively trade in the short term. The traders are the ones that try to take advantage of the short term volatility of the BTC markets.

It's rather pointless to try to justify a recent dump or pump by one reason only. The fact is, often it's just normal market volatility that is driving the markets up or down in the short term. Doesn't always have to be due to one factor. Focusing on finding that single factor that is influencing the price movement can often result in someone missing out on the big picture.

Anyways, as scary as the current dump looks, it's expected coming off such a bullish year of 2017. Any investors should have known the risks, especially with bitcoin being pumped so hard last year and adjusted their strategy accordingly.

[haroldtee]

Except those who pretty much have no idea what they are doing, like the sound of being called a trader but just gambling the market, will always ask such questions and from the look of it, it seems we have a whole lot of them on this forum; 'Where should I buy? What is happening to the market? Should I sell everything?' Questions that would make you want to puke sometimes.

I keep saying this every time, anyone who does not have a strategy while trading is just busy gambling and like you said, what makes a good trader is the ability to draw up new strategies to favor every present condition, apparently, a charlatan won't know that.

Also, any investor that is asking such question as well, is just here for the quick profit, not because they understand the real reason why they should invest and look forward to the future, but since they are stuck with the idea of get rich quick kinda lifestyle, they would just not stop panicking, no matter what you tell them. At the end, it all balls down to IGNORANCE.

[timerland]

i keep seeing topics asking "why is it going down" "when will it reach $$$",... and everyone is panicking about when the "moon" is going to be!

well if you are not a trader then why are you even asking these questions? just buy and hold. come back in long term and enjoy the big profit.

if you are a trader then asking these silly questions won't help you. if you see price is not recovering and falling then just adjust your strategy to match the new trend. and i am not just talking about now. this happens each time the trend changes!
market is not always going to stay the same, it has ups and downs and sideways and ... for each of these trends you need a specific strategy. you can't just apply one thing to all of them.

"Moon" ain't gonna happen for a long time. People who entered the market when it was red hot and all hyped up don't realize that bitcoin do and will have periods of relative bearishness and inactivity, as a result prices will suffer.

No point trying to predict it at all, you're right.

Based on my experience, if you do believe that bitcoin is going to go mainstream in the long term, buying and holding is usually going to be your best option. If you're trading then obviously you should have done research and made it that your portfolio did not give you too much high risk exposure at one single time, no matter how tempting it might have been to buy high/sell low.

[fabiorem]

We are in a bear market since December.

I adapted my strategies already. I decreased exposure by some 5% in December and February. Not going to buy, as it can go lower still, but I'm not going to sell either. I will hold to 2020 and beyond, depending on the circunstances.

[Ararbermas]

Yes OP is right we should make a new strategy on it instead of asking about its volatility 'cause market is always volatile time on time and very unpredictable . so must build new strategy by observing it's performance or pattern in the graph rather than relying on others predictions and thoughts. 

[dothebeats]

Every trader should learn how to adapt in the constant crazy volatility of the market as it happens very often. Traders who come here in the forum and whine about the 'crashes' are those who are too scared to change something into their approach in investing, oftentimes resulting into losses. Instead of whining about your loss, why not do something about it? Posting your sentiments in a public forum won't do your situation any good IMO, so there's really no point in posting such. While the smart traders are still cashing in during the downturns, the average whiny pricks are losing money because they don't want to do something about it.

[markdario112616]

Well, I must agree to that. A trader must really know how to adjust in this times. Being versatile, is a really is a must in this type of industry. Though it is easy to say than done especially to those start up trader, but I know that it's not an excuse, one must really have to adjust as soon as possible. Whining wouldn't do good in this type of cases, you are just intensifying the scenario which contributes to overthinking and rush decision.

[Lampaster]

Yes OP is right we should make a new strategy on it instead of asking about its volatility 'cause market is always volatile time on time and very unpredictable . so must build new strategy by observing it's performance or pattern in the graph rather than relying on others predictions and thoughts. 

What could be the strategy now? We see panic on the market. All traders who saw a trend for a long decline in prices have long sold bitcoin. Now we need to reduce the supply. All those who did not have time to sell before should leave the market and reduce supply. This will raise prices and give an opportunity to revive the market.

[Apaxy]

Yes OP is right we should make a new strategy on it instead of asking about its volatility 'cause market is always volatile time on time and very unpredictable . so must build new strategy by observing it's performance or pattern in the graph rather than relying on others predictions and thoughts. 

What could be the strategy now? We see panic on the market. All traders who saw a trend for a long decline in prices have long sold bitcoin. Now we need to reduce the supply. All those who did not have time to sell before should leave the market and reduce supply. This will raise prices and give an opportunity to revive the market.

It seems to me that the reduction in the supply on the market will not change the situation, since we must first increase the demand. Therefore, you need to agitate to buy Bitcoin, and not to give up sales.

[pitiflin]

well if you are not a trader then why are you even asking these questions? just buy and hold. come back in long term and enjoy the big profit.

Traders don't ask such stupid questions. If they do,well then they are not traders. They are douchebags(actually worse than that..stupid cunts they are). Buy and Hodl? Lol. Ever heard of panic selling?

i keep seeing topics asking "why is it going down" "when will it reach $$$",... and everyone is panicking about when the "moon" is going to be!

I swear. I get tired of seeing the same topics again and again.

if you are a trader then asking these silly questions won't help you. if you see price is not recovering and falling then just adjust your strategy to match the new trend. and i am not just talking about now. this happens each time the trend changes!
market is not always going to stay the same, it has ups and downs and sideways and ... for each of these trends you need a specific strategy. you can't just apply one thing to all of them.

People who ask such questions don't have any strategies. People who don't understand that market goes up and down shouldn't even touch money let alone trading with it. Send those stupid cunts to school. Assholes . Disclaimer: Every trader must see his environment,its dynamic,he should see threats and opportunities and make the best of it, he should learn. He must be wise. Otherwise he can just fuck off!

[crypto1010]

I agree with the OP we have to adapt to this new trend by avoiding moving and reacting with how the price is moving on a daily basis...the best strategy is buy and hodl this way there is less panic, you get to be less exposed to FUD and panic and get to live a happy stress free life.

[darewaller]

this just shows that there are so many people invested in bitcoin without any clear idea what they are doing here which is why we see a lot of confused people around and eventually see a lot of panic sells and weird investing decisions when they buy bitcoin out of fear of missing out and sell it because of some FUD.
we need people to stop acting irrationally and start thinking more. if you want profit then you don't really need a rise to gain profit, drops can also be profitable. the easiest way to make profit from a drop is to buy even more bitcoin with the same amount of money and sit on it long term!

I believe you are asking too much from them by not being irrational. Anyone who is ignorant and stupid will definitely be irrational since apparently, they have no idea why they are here like you said. It is plain simple, when all you are looking for is to make money quickly, without considering the risk, what you are investing in, the importance and the real value, then there is no way they would not just stop asking some irritating questions.

It has been like this right from the onset, and trust me mate, we are still going to be seeing them. Probably, we just have to get used to it.

[wuvdoll]

Agree with you about changing the strategy. The winners always use different strategies in different situations. But the reason why the market is falling or it is increasing is always important.
If a person know the reason can decide better what to do. the person can predict better whether the falling or rising is temporary or it will last long.

Yeah, normally a trader who knows what he is doing will not even complain about what is going on in the market but it seems a lot of people nowadays really do not know what they are doing and this is the main reason they complain about everything instead of trying to have new strategies on how to make things work out better. Still, since all they do is to probably make quick cash without checking out other things they need to know, they subject themselves to unnecessary panic which always end up giving birth to such questions they ask.

[orions.belt19]

i keep seeing topics asking "why is it going down" "when will it reach $$$",... and everyone is panicking about when the "moon" is going to be!

well if you are not a trader then why are you even asking these questions? just buy and hold. come back in long term and enjoy the big profit.

if you are a trader then asking these silly questions won't help you. if you see price is not recovering and falling then just adjust your strategy to match the new trend. and i am not just talking about now. this happens each time the trend changes!
market is not always going to stay the same, it has ups and downs and sideways and ... for each of these trends you need a specific strategy. you can't just apply one thing to all of them.

Exactly. I would classify bitcoin investors into two categories. One category is the holders for the long term that doesn't actively trade in the short term. The traders are the ones that try to take advantage of the short term volatility of the BTC markets.

It's rather pointless to try to justify a recent dump or pump by one reason only. The fact is, often it's just normal market volatility that is driving the markets up or down in the short term. Doesn't always have to be due to one factor. Focusing on finding that single factor that is influencing the price movement can often result in someone missing out on the big picture.

Anyways, as scary as the current dump looks, it's expected coming off such a bullish year of 2017. Any investors should have known the risks, especially with bitcoin being pumped so hard last year and adjusted their strategy accordingly.

When it's good to be aware of the recent pumps and dumps especially if you're a short term trader, some people have been obsessing the reason over it which is practically pointless. It may help in determining in the future but there's really no sole indicator for these pumps and dumps. No one can accurately predict it. As a trader, one would have to be able to adapt constantly instead of getting worried over every price drop then result to panic selling.

[DaMut]

Yes OP is right we should make a new strategy on it instead of asking about its volatility 'cause market is always volatile time on time and very unpredictable . so must build new strategy by observing it's performance or pattern in the graph rather than relying on others predictions and thoughts. 

What could be the strategy now? We see panic on the market. All traders who saw a trend for a long decline in prices have long sold bitcoin. Now we need to reduce the supply. All those who did not have time to sell before should leave the market and reduce supply. This will raise prices and give an opportunity to revive the market.

It seems to me that the reduction in the supply on the market will not change the situation, since we must first increase the demand. Therefore, you need to agitate to buy Bitcoin, and not to give up sales.

reduction the supply is a stupid strategy and it will not happen because it will kill the project in long term.
what we need right now is a newly fresh investor and adaptor.
in other words we need another demand to keep the price in a good track for a long run,also we need time to implement everything that it need to have for global implementation.
(such as lightning network and etc)
the reason why people did not use it because it is very hard to use and some people might be do not know about computer or they are not computer savvy like us.
but,some day they will start to learn it because they must to do it.
why ? technology,our technology kept advancing to a whole new level compared to before.
and we need it to help us.


and when the price is declining like this,
we need a strategy to keep us alive or taking a break from cryptocurrency for the time being.
we will only lose it if we are buying it high and selling it lower than that.
easy and simple

[BrewMaster]

Yes OP is right we should make a new strategy on it instead of asking about its volatility 'cause market is always volatile time on time and very unpredictable . so must build new strategy by observing it's performance or pattern in the graph rather than relying on others predictions and thoughts. 

What could be the strategy now? We see panic on the market. All traders who saw a trend for a long decline in prices have long sold bitcoin. Now we need to reduce the supply. All those who did not have time to sell before should leave the market and reduce supply. This will raise prices and give an opportunity to revive the market.

the problem is most people are gambling here instead of trading. trend doesn't mean much to them, they are just looking at current price and some posts on the social media and make a bet. they might as well be rolling a dice!
that is why this "supply" never goes away and that is how the whales become bigger.

[carlisle1]

Right OP market wont always favors us,circulation must happen so things may go thoroughly because if price is fix then what are we doing here?new strategy is better option if youre a trader that making a living on this profiteering..not unless you have another way of earning then my advice is just Leave your funds in exchanges and wallets and just forget about them for months or even years,focus on second option of money making,then after that time you might find your a millionaire

[GoldenLad]

Exactly! I don't understand why most people would always panic on any little dips. This is cryptocurrency for goodness sake and anything can happen! You should know the risk you intend to take in before investing in it. If you feel you can't hold on, then simply quit, no one is forced into it. If you have the capital now, simply pay more bitcoins and hold till it pumps. If you don't, just hold on to the ones you have.

[naidray]

Except those who pretty much have no idea what they are doing, like the sound of being called a trader but just gambling the market, will always ask such questions and from the look of it, it seems we have a whole lot of them on this forum; 'Where should I buy? What is happening to the market? Should I sell everything?' Questions that would make you want to puke sometimes.

I keep saying this every time, anyone who does not have a strategy while trading is just busy gambling and like you said, what makes a good trader is the ability to draw up new strategies to favor every present condition, apparently, a charlatan won't know that.

Also, any investor that is asking such question as well, is just here for the quick profit, not because they understand the real reason why they should invest and look forward to the future, but since they are stuck with the idea of get rich quick kinda lifestyle, they would just not stop panicking, no matter what you tell them. At the end, it all balls down to IGNORANCE.

Yes, what most of them want is to make quick bucks and get rich over night without even trying to know where they are venturing into or the risk they are trying to take. These days, people always do not want to learn and that is the main reason as to why they ask some foolish questions most of the time, and like you said, they always really want to make someone puke. This is how it has been for a while and it would not stop as we keep seeing people who are just so ignorant of the space they are in.