Crash recoveries are not moons

[pinoyden]

yeah i think so, market down 20% then go up just for 1-10%we still lose our asset,that i mean im not recomend day trade,except if u are pro trader.
better buy and hold for 1 or 2 month.

you only loose if you bought cryptos at a high price . but for those who bought cryptos at a low price , they dont loose anything as well as the people who dont buy cryptos at all . and if you look at the price histry of cryptos , you can see that cryptos this year is still higher when compared to thier price on the past years ever since 2009 . so overall , we should still be thankful because cryptos are actually improving and more people are now already recognizing the use of it .

[SolomonSollarsNSense]

Yeah it is not good sign for me, 1% -2% recovery in a day really bad for me because i want to see the crypto recoveries not happen today. I want to see the crypto keep fall, so i can collect crypto in cheap price. Hope that it will happen again, because that was good chance to catch the ticket for tomorrow trading.

Those stuffs you guys are calling recovery are bear flags and that does not show anything else than the market is still in a huge downtrend and shows a possibility of falling down lower.
They are just patterns and that does not mean the market is trying to pick up or have a bounce but when there is indeed a bounce, I am sure it would be pronounced enough with high volume on break out most of the time. For now, there is nothing like moon. What claims being made now a days, I am believing that bitcoin has already started to touch moon. Soon, we may see bitcoin prices to test $10,000 levels and that may happen in few days also.

[culuuton]

People are happy when the price rises, they say "go to the moon" but its meaning is not so. A slogan needed to continue holding the coin.

[gabmen]

yeah i think so, market down 20% then go up just for 1-10%we still lose our asset,that i mean im not recomend day trade,except if u are pro trader.
better buy and hold for 1 or 2 month.

you only loose if you bought cryptos at a high price . but for those who bought cryptos at a low price , they dont loose anything as well as the people who dont buy cryptos at all . and if you look at the price histry of cryptos , you can see that cryptos this year is still higher when compared to thier price on the past years ever since 2009 . so overall , we should still be thankful because cryptos are actually improving and more people are now already recognizing the use of it .

Well here's the thing, if you bought bitcoin close to it's all time high, you haven't lost yet. There are investors that believe btc can exceed that ath in time and they're willing to wait it out. Those people that talk about mooning with the slightest sign of an upward trend would have to reconsider their outlook towards crypto trading and investing.

[shoreno]

As far as i know , moons are the state of cryptos in which they are increasing that leads to reaching their new ath . while on the other hand , crash recoveries are only a slight increase of what the coins have lost .

People are happy when the price rises, they say "go to the moon" but its meaning is not so. A slogan needed to continue holding the coin.

Lol . that was freakin hillariuos . the price are only going to the moon because it is rising but not the people .

A slogan needed to continue holding the coin.

Slogan are nothing. if you trust the coin , then you just hold it without depending on any other factors .

[Koro-Sensei]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

For some yes but with special conditions. Though it rarely happens a while or so but the probabilities won't be even considered if calculated thoroughly. Crash can be recovered for a while but not all the cryptos can do that so do be careful not to rashly invest all of your money into random coins.

[Kemarit]

yeah i think so, market down 20% then go up just for 1-10%we still lose our asset,that i mean im not recomend day trade,except if u are pro trader.
better buy and hold for 1 or 2 month.

you only loose if you bought cryptos at a high price . but for those who bought cryptos at a low price , they dont loose anything as well as the people who dont buy cryptos at all . and if you look at the price histry of cryptos , you can see that cryptos this year is still higher when compared to thier price on the past years ever since 2009 . so overall , we should still be thankful because cryptos are actually improving and more people are now already recognizing the use of it .

Well here's the thing, if you bought bitcoin close to it's all time high, you haven't lost yet. There are investors that believe btc can exceed that ath in time and they're willing to wait it out. Those people that talk about mooning with the slightest sign of an upward trend would have to reconsider their outlook towards crypto trading and investing.

You haven't lost if you haven't dump your bitcoins already. But I'm sure that newbie investors, those who bought the hype around December have opted to get out and cut their losses. Day trade is different though, you can't just jump on it and thinking that you will gain 1%-5% daily, it ain't happening. Any daily increase though might not be a good indication, because it could be a bull trap or just a dead cat bounce. As for people shouting "mooning", they are also the first one to bitch out when the price suddenly declines. LOL.

[VclDm]

To talk about the current crypto market, it will probably be one of the most potential markets, maybe in the future the value of the coin will continue to rise. And if so, whoever holds the patience will be one of the great things

[cryptoteen]

Bitcoin is back. The world's biggest and best-known cryptocurrency is recovering from its recent crash, which saw it lose two thirds of its value from its $20,000 peak in mid-December. On April 6, bitcoin slumped to just $6,620, with rival alt-coins such as bitcoin cash, ethereum, litecoin, ripple by XRP and dogecoin also plunging back to earth after hitting dizzying heights in 2017. Could they still “fly to the moon”, to use the jargon favoured by cryptocurrency investors, and make you rich? Or should you do the sensible thing and shun this terrifyingly volatile asset class?

[lelahkenabanned]

just calm bitcoin prices will definitely experience a price recovery you just need to prepare yourself to be able to make a withdrawal of profits.

[nl247]

yeah i think so, market down 20% then go up just for 1-10%we still lose our asset,that i mean im not recomend day trade,except if u are pro trader.
better buy and hold for 1 or 2 month.

you only loose if you bought cryptos at a high price . but for those who bought cryptos at a low price , they dont loose anything as well as the people who dont buy cryptos at all . and if you look at the price histry of cryptos , you can see that cryptos this year is still higher when compared to thier price on the past years ever since 2009 . so overall , we should still be thankful because cryptos are actually improving and more people are now already recognizing the use of it .

Well here's the thing, if you bought bitcoin close to it's all time high, you haven't lost yet. There are investors that believe btc can exceed that ath in time and they're willing to wait it out. Those people that talk about mooning with the slightest sign of an upward trend would have to reconsider their outlook towards crypto trading and investing.

The issue a whole lot of newbies always have is due to the fact that they had the wrong reasons for investing in the first place which is wanting to get rich as fast as possible which obviously affected all their outlook like you said towards investing and trading cryptocurrencies. This is one outlook that will be hard to just discard unless they figure out a way to remove that mindset of getting rich quick which is also the reason why they join FOMO pretty fast, want to trade the market without knowledge and assume that every slight move should start with a bullish move.

[legenduim]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

I agree. For short-term trading this can be good. But when people bought coins at the beginning of the year at a very high price they understand that it will take a long time to wait for growth.

[The Sceptical Chymist]

You haven't lost if you haven't dump your bitcoins already.

I don't buy into that line of thinking.  It's true that you haven't had an actual loss if you didn't sell, but you still have a paper loss, and that's just as bad IMO.  Bitcoin is only worth what the market says it is, and if you bought at $20k, you're in the red whether you sold below that price or not.  It's kind of like saying you haven't made money unless you sold.  Mark-to-market accounting would suggest otherwise.

I do agree with what's stated in the title.  This "moon" idea has been floated around for years, and what we're seeing right now is just a little recovery, and none of us knows whether it's going to be sustainable.  It does seem to be gradual gain rather than exponential growth (so far), so that's a good sign.

[luckyluigi]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

Yes, we need to understand, that we are far from recovery in the ETH and Waves prices of 900 and 12 $$$ this is certainly not the moon, just a slight geowth

[reflector]

yeah i think so, market down 20% then go up just for 1-10%we still lose our asset,that i mean im not recomend day trade,except if u are pro trader.
better buy and hold for 1 or 2 month.

This is how the marketplace growth and dump showed so far. We need to invest on the correct coin to safeguard your investment in this time so you no need to work for the investment analytics or anything buddy.
Then keep your investment method on the good exchange where you see the profit rate more in the value.
Please focus the coin for the long term whether it will be crashed or not. Just do not bother about it.

[_CryptoBrain]

Why does it annoy you? I think that people mean that such a small growth may be the beginning of a new bullish trend, and this event is good for the entire crypto currency market.

[yonjitsu]

Basically, it isn't that's why it's called recovery from being down to its original price. Moon is referred to a new all time high having its previous record being breached by the current record. Been hoping that bitcoin will fully recover to 20,000$ this year too.

[TheUltraElite]

Yes, we need to understand, that we are far from recovery in the ETH and Waves prices of 900 and 12 $$$ this is certainly not the moon, just a slight geowth

LoL waves is another shitcoin which helped promote some scam/pump and dump ICOs and then then its shows some movement recently along with bitcoin pump and also when bitcoin dumped. You can buy some for the long term but there is no singal of any growth at the moment.

Why does it annoy you? I think that people mean that such a small growth may be the beginning of a new bullish trend, and this event is good for the entire crypto currency market.

A small growth or a small drop does not mean anything in particular. It can be some old holder recently dumped their coins or some new young blood bought some coins at the market price. The overall reaction to bitcoin ETF gave it a bull push and lets see what happens after ETF declares its terms.

[LooBaao]

The market is now recovering, I expect the BTC price may be above $ 10000 and under $ 15,000, not to rise to the same moon as at the end of 2017, so many predicted they would go to the moon but I disagree

[LoupGaroux]

It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.

This sounds really reasonable and quite obvious for me, we need to understand that moon is the highest position from all the times, and when Ethereum, for example was $900 and not it goes to $800 it is definitely not the moon.