CryptoRaymond (OP)
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May 23, 2018, 03:52:54 PM |
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I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation? Your suggestion would be highly appreciated.
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Rubesmatic
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May 23, 2018, 04:03:14 PM |
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With all the traders gravitating to BTC, it is hard to determine what the new normal is going to be. Some things causing the price to go down are established traders speaking down on the coin, countries discussing regulation or regional bans, and then just people selling off out of fear or in response to the news.
You can google the latest technical analysis on BTC to see what price levels others are pointing out as areas of support where the price could bounce. In my opinion, making buys around the 7k range and then again in the 6400-6700 range would put you in good shape with some "cheap" holdings that could grow significantly as soon as the technicals turn bullish again for crypto.
Whatever you do don't go all in at a particular price, keep entering in smaller segments at the various support levels until this thing turns, then it's just sit back and watch what happens..and make money. Good luck, be patient and nimle. There are too many companies getting into this space for btc to go to zero.
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KJMZNine
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May 23, 2018, 04:04:51 PM |
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I am not sure where the market direction will head to. In short term I am very bearish, but I think the bear will go away in the next couple of days and it will only stay for a short period of time. After the dip we will see crazy gains again! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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reflector
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May 23, 2018, 04:07:38 PM |
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I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation? Your suggestion would be highly appreciated.
Market place demand and supply defines the crypto currency value and more than that you can see the volatility of the every decentralised cryptocurrencies is the major problem for this dump now. Investors and traders does not seems to active to invest on these coins. If you see the bitcoin price bumped up also this same volatile nature only defines it.
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udik235
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May 23, 2018, 04:09:42 PM |
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in the market is happening teransaksi between traders and buyers who need each other
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Maestro75
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May 23, 2018, 04:11:29 PM |
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There is nothing wrong going on in the market right now. What we see is a manifestation of the instability and volatility of the cryptocurrency market. Who knows, there can be a time when the market will be less volatile and then we can easily forecast the future prices of these coins.
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justin86
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May 23, 2018, 04:12:02 PM |
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What do you want to see on the market? prices that are mooning? then that is also a situation of what is going on the market. Whatever is going on the market is not interesting.
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anobtc
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May 23, 2018, 04:15:05 PM |
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Price is effected by supply and demain. So what do you want with this market? If it can predicted easily, we have a good place to earn a lot of money, but sadly it's not.
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Finding a local Moderator and Translator? View My Portfolio and feel free to contact me if you need! 😉
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Shewar
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May 23, 2018, 04:19:21 PM |
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because the price in the market today is still normal, if you have a coin or token, save first, if the price goes up if you get direct sales profit.
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DaMut
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May 23, 2018, 04:20:04 PM |
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the price can not goes up everyday and everytime. this is why we are seeing something like this because it was created this way in order to get an opportunity.that means it was not an abnormal thing but instead it was a normal thing in cryptocurrency,manipulation and volatility are part of cryptos. what should you do when the market goes wild like this ? if you do not have anything left on your pocket,i think it would be better for you to take some rest or break from cryptocurrency because it might affects your emotion if you keep looking at it. it is highly recommended for traders to keep their emotion stable and never blow it up.
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AbyssLagiaz
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May 23, 2018, 04:22:46 PM |
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I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation? Your suggestion would be highly appreciated.
Newbie reaction. You're quite new to Bitcoin and cryptocurrencies, I suppose? You need to search up first about the nature of Bitcoin. I think cryptocurrencies could also be defined as unstable so I think you should have read that before you arrived here in the forum. Did you got a referral to invest at something digital that you're not aware of? I think that would be the cause of you reacting to the volatility of the market.
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Robbio
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May 23, 2018, 04:23:11 PM |
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We all know that the market is volatile. When the market turns red, it is very common, but we still cannot overcome the fear caused by the market decline. This is very interesting. Every time before the market falls, we have foreseen, but every time the market If we really fall, we will feel scared.
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andisuk
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May 23, 2018, 04:25:12 PM |
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looking at the market that continues to move and show the declining volume of trading then of course the right action is to buy coin but it all depends on you whether to buy coin or just to be a monitor
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Tang lancip
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May 23, 2018, 04:30:34 PM |
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I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation? Your suggestion would be highly appreciated.
I think the rise and fall in prices are still in the normal category. because there must be a position of seller and buyer. incidentally today in the position of price down, this makes a wait position. It was a good day to buy.
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SolomkA
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May 23, 2018, 04:32:18 PM |
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Such a strong price change within a short time is normal. A few months ago, the price change for a day for 1k $ occurred every day. Nothing surprising.
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kinzey
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May 23, 2018, 04:37:52 PM |
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I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation? Your suggestion would be highly appreciated.
I can say that this is pure market manipulation. Some whales or big players are trying to suppress everything so weak hands sell, they get more at dips and will continue to do so to accumulate more. Once they are done, there will be another type of movements and news about the market, btc and etc.
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felissss500@gmail.com
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May 23, 2018, 04:39:37 PM |
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The consensus did not give a profit, as many expected that after it the market will go up strongly, so withdraw money in the dollar or tether, now is a good time to buy coins at the bottom.
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onlyyou34
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May 23, 2018, 04:43:22 PM |
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If you wait with patience after making your investments, you will profit. Markets are very quiet now, but we will definitely see the rise series.
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TRONTON
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May 23, 2018, 05:07:42 PM |
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You better calm down and keep doing the observations and do not forget to buy some coins if market conditions like this because in crypto this is not very plausible and we do not experience things like that only once but already several times the only example when the market is very bad in febuary month and march yesterday if we just silence and panic then we will not benefit from this moment market.
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