Do you believe that THIS DAY IS A DAY OF RECKONING TO ALL CRYPTOS?

[john1010]

The month of mid February and the whole March is a RED DAY Month, so many traders specially the new one are loosing their money because of this long Dip of all cryptos,..

NOW, DO YOU BELIEVE THAT THIS PRESENT MOVEMENT IS A GOOD SIGN?


Let us discuss and share some of your thoughts...

Is it the day now of Reckoning or just a simple pump and dump to all cryptos?

 

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[Red-Apple]

The month of mid February and the whole March is a RED DAY Month, so many traders specially the new one are loosing their money because of this long Dip of all cryptos,..

i'm sorry but someone who was losing money just because bubbles were bursting and the overall prices were going down should not be called a trader. they are newbies thinking they are trading.

NOW, DO YOU BELIEVE THAT THIS PRESENT MOVEMENT IS A GOOD SIGN?
Let us discuss about your thoughts...
Is it the day now of Reckoning or just a simple pump and dump to all cryptos?

to this point it is just a recovery after a very long dump and for a lot of coins this won't last long enough to turn into a pump.
and it is somewhat a bad sign because some of the bigger coins are still in bubbles which means any more rise increases the size of their bubbles even further.

[xenomorphe1]

I also don't believe it is a real recovery. It is just a rebound after the big dump. But it is a nice rebound.

[carlisle1]

The month of mid February and the whole March is a RED DAY Month, so many traders specially the new one are loosing their money because of this long Dip of all cryptos,..

i'm sorry but someone who was losing money just because bubbles were bursting and the overall prices were going down should not be called a trader. they are newbies thinking they are trading.

Not just thinking they are traders mate,those people think that cryptocurrency is a ATM machine,that when day drop by to withdraw money and after just walk away,they think that investing here is a quick bucks and cry when suddenly dip happens..this kind of users must learn they're lessons

And for the OPs question
In some points i think yes this is a rebound from so long fallings,but i dont put myself into expectation again since this happens for how many times this early season..what i wanna do now is wait until things becomes reality

[khufuking]

When the whole market is trying to up we really can not call this act as an pump and dump act . What I see is a try to turn the market trend to an uptrend , Now if this fail then it will be just a rebound or a try to recovery . It is still early to judge if this rebound will turn to an uptrend or not , The couple of coming days will be the judge on this specially after the weekend . if BTC managed to break threw certain levels we might see nice long uptrend .

[Cnut237]

The month of mid February and the whole March is a RED DAY Month, so many traders specially the new one are loosing their money because of this long Dip of all cryptos,..

NOW, DO YOU BELIEVE THAT THIS PRESENT MOVEMENT IS A GOOD SIGN?


Let us discuss about your thoughts...

Is it the day now of Reckoning or just a simple pump and dump to all cryptos?

 

I think that the upswing of yesterday and today is a good sign. The whole market downward trend has been going on for a few months now. The problem was that the December/January rise was too rapid. There was always going to be a fall, and the problem with a rapid rise means that there is no established solid base to fall back to. The market has been dropping in search of a good foundation. It bounced back twice from about $270 billion, which suggested some strength at that level. In the last few weeks we dropped a bit below that, but have now bounced back again. Every time we bounce back, the base at around $270 billion grows stronger. Once there is sufficient strength there, the market can resume its steady upward trend.

[john1010]

The month of mid February and the whole March is a RED DAY Month, so many traders specially the new one are loosing their money because of this long Dip of all cryptos,..

NOW, DO YOU BELIEVE THAT THIS PRESENT MOVEMENT IS A GOOD SIGN?


Let us discuss about your thoughts...

Is it the day now of Reckoning or just a simple pump and dump to all cryptos?

 

I think that the upswing of yesterday and today is a good sign. The whole market downward trend has been going on for a few months now. The problem was that the December/January rise was too rapid. There was always going to be a fall, and the problem with a rapid rise means that there is no established solid base to fall back to. The market has been dropping in search of a good foundation. It bounced back twice from about $270 billion, which suggested some strength at that level. In the last few weeks we dropped a bit below that, but have now bounced back again. Every time we bounce back, the base at around $270 billion grows stronger. Once there is sufficient strength there, the market can resume its steady upward trend.

A very well said mate, as a final verdict, is this uptrend will continue or just a bubble and will be back to downtrend anytime or it might be stable and slowly reach the heights of december trend?

[Robertqueen2]

The cryptocurrencey markets are undergoing  a phase of stabilization nowadays. We have observed in the first quarter of this year that all cryptocurrency markets have experienced chaos as a result of spreading reports about the numerous regulations of cryptos. In my view, this phase of chaos is over. Cryptos are going to go up from Zero to Hero.

[john1010]

The cryptocurrencey markets are undergoing  a phase of stabilization nowadays. We have observed in the first quarter of this year that all cryptocurrency markets have experienced chaos as a result of spreading reports about the numerous regulations of cryptos. In my view, this phase of chaos is over. Cryptos are going to go up from Zero to Hero.

I think this discussion may help everyone here to analyze the movement of the market, thru your contribution and a deep analyze, people who are reading this will become aware and informed. Thanks for your opinion!!

[adroitful_one]

When the whole market is trying to up we really can not call this act as an pump and dump act . What I see is a try to turn the market trend to an uptrend , Now if this fail then it will be just a rebound or a try to recovery . It is still early to judge if this rebound will turn to an uptrend or not , The couple of coming days will be the judge on this specially after the weekend . if BTC managed to break threw certain levels we might see nice long uptrend .

This. It's still a little early yet to see if this is a market recovery or not. The next few days/weeks will be vital. Hopefully everything is on the uptrend and this huge slump we've been in is finally going to be over. It's been pretty bad the last few months. Feel sorry for anyone that invested back in December/January

[jeanpierre]

Everyone believe this is a bull trap, they expect the price to go to maybe 9000 and then the real dump will begin. So in my opinion it's not going to be a bull trap, always think the opposite of what everyone else think, this can be the start of the next bull run to 2 or 3 trillion total marketcap.

[Bitico777]

Hard to say. I am glad that the growth began, but too many positive news, this is alarming.

[Dalazar]

I think that the upward movement that made bitcoin is very difficult to call a market recovery, this is a good rebound after the falling market

[akitha]

No this is not the day for recovery yet. price is rising and falling.Some may think this will be the bull run but i think this is only bull trap

[posi]

The month of mid February and the whole March is a RED DAY Month, so many traders specially the new one are loosing their money because of this long Dip of all cryptos,..

NOW, DO YOU BELIEVE THAT THIS PRESENT MOVEMENT IS A GOOD SIGN?


Let us discuss and share some of your thoughts...

Is it the day now of Reckoning or just a simple pump and dump to all cryptos?

 

The new pump in price could be a good sign of new price movement and it be determined if the Mt. Gox have dumped the 202,000 bitcoins they want to us to fix the previous hacker accident. Therefore, if they haven't, we should be expecting another dump in price soon.

[Elcapsono]

The month of mid February and the whole March is a RED DAY Month, so many traders specially the new one are loosing their money because of this long Dip of all cryptos,..

NOW, DO YOU BELIEVE THAT THIS PRESENT MOVEMENT IS A GOOD SIGN?


Let us discuss and share some of your thoughts...

Is it the day now of Reckoning or just a simple pump and dump to all cryptos?

 

Nobody argues that there will be corrections, but the fact that the fall has already changed and the market has become a bit bullish is a good sign for further investments and joining of new participants. The main thing is to return at least half of all the losses.

[B.A.S.]

I hope this will continue in the same way and we will be away from our 3 month psychological problems. If we continue for 2 months, we can see the old level.

[tora]

This may not be strong enough to call it a bull run yet but it could well be the end of the bear market.

[Budugbass]

I think that's a good sign and can be considered a simple pumping that will lead to slightly different price movements, which are no longer overwhelmed with the same redness as before.
I don't think there will be too much stuck on the crypto price movement for the next because it seems that there are many people/many factors that will move all the movement to the greener.

[john1010]

Base on my observation for almost 2 days since the market goes green, I saw one thing, for example the eth price.. yesterday it climbed for almost 530usd but an hour ago it goes down to 489usd... I analyze the movement, the 489 is the most downtrend of eth, then it recovered immediately and now stable to 500-520usd for me it's a good sign and not a bulltrap..