Crash recoveries are not moons

[Encrypt01]

Crash recoveries are definitely not moons but I'm still optimistic in general. Now It seems the market will only turn bullish at the 4th quarter of the year. At the end patience wins.

[richardsNY]

It is definetely not, 1-2 % increase after a crash is normal, it is not even an increase but if you buy at a dip and hodl the coin for few months you can make more than 10-20% profit.

It's not as easy as you might think. If you did that in the more recent months, you would have ended up not making any profits at all. Never underestimate the market when it is going down, because as low as you might think the price is, it can always go much lower than that. In other words, the timing as always is the most important aspect of making profit in this market. You can't just blindly buy a dip thinking it will automatically result in profits just because it is a dip. The far majority of the dips in the recent months have turned out to be very bad entry points....

[iram701]

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.

[3la9l_kolbaCa]

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.

Indeed, we must stay on the fo while the price was showing minimal recovery and possibly it was just some part of the crypto corrections in parallel with bitcoin value. The perceptions on the price value was a great signs when it could blew up our minds upon noticing the price pump successively in the next few days. However we should take this opportunity right as we buy new coins to hold, do it now while the value was still cheap in the exchange markets.

[pitiflin]

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.

You cannot just say that recoveries are not a good sign for a market. There are various factors that affect the recovery. Hell, various factors affect what you say. Sometimes, if not most of the times,  they are good. The rest, they are bad.

One main factor is that, sometimes recoveries are not a good sign if a coin is only meant to be pumped and dumped. Take XVG for example.

[cryptolidus]

We have to be patient and be prepared for every scenario. The bearish market is stressful and the stagnation is boring but we have to remember that it can last for several Years ( like it was from 2013-2017) Many of us will give up on Crypto and only the patient ones will win and winners will take it all.

[Zadicar]

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.

You cant blame people and get used to it for those people who do react even on a small increase percentage on bitcoins price or on any altcoins in the market. Being optimistic or hopeful is always been part of the of human nature.If you are irritated then this cryptomarket would just stress you out because you can really remove or do avoid those people who do make such reactions.Therefore just neglect it and move on.

[MainIbem]

Speculation has got everyone wanting to see the market high up there, not minding what damage it is causing the entire cryptocurrency ecosystem.

[Ronaldcoin2017]

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 think I would agree with you but not on the irritating part because people should be entitle to interpret current happening to the best of their ability and be hopeful with it without being judged. Most times we express false hopes thinking because of such marginal increase then all is green till the foreseeable future forgetting that its just normal market forces at play. The source of those false hopes to me is because everyone is eager to see a boost just like people waiting for a rain and the moment there is huge breeze to suggest rain is about to fall, everyone is happy ready to get the maximum. That's when you see series of threads opening up for the same reason on increase and when it didn't happen same threads turn to prophesying about death to bitcoin. The circle is repeated all over again.

I agree on that, we need to be more practical. Tbis dropping of the bitcoin price is not new yo us, i see that we have been experience this before from the past few year from now but ot will still recover at last. So then the best thing to do right bow is maybe to hold with patience and we must stop looking at the proce chart to avoid unnecessary feelings.

[Tory-Tory]

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 can be either a positive sign or a negative sign (for example a fall correction). The market can then fall through again which has been happening for several months.

[TheUltraElite]

Speculation has got everyone wanting to see the market high up there, not minding what damage it is causing the entire cryptocurrency ecosystem.

What do you have in mind about damage to the ecosystem?

I agree on that, we need to be more practical. Tbis dropping of the bitcoin price is not new yo us, i see that we have been experience this before from the past few year from now but ot will still recover at last. So then the best thing to do right bow is maybe to hold with patience and we must stop looking at the proce chart to avoid unnecessary feelings.

Best thing to do now is to go to sleep and stop looking at the market any more. Put an alarm clock that would ring only when the bull run starts so that you can sell and make some cash. In case you are feeling adventurous then place some buy orders with prices of 6.5k USD and then stock up on bitcoins. Its all a part of the cycle.

This can be either a positive sign or a negative sign (for example a fall correction). The market can then fall through again which has been happening for several months.

What can happen is speculation. People can say anything while speculating. Maybe someone bought some coins and so market recovered a bit.

[Dukjila]

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.

Still, the percentage of Bitcoin's dominance in the market does not decrease, but it grows, so investors buy up Bitcoin, in the hope of growth and will soon raise the stakes to fix profits.

[rickadone]

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.

You cannot just say that recoveries are not a good sign for a market. There are various factors that affect the recovery. Hell, various factors affect what you say. Sometimes, if not most of the times,  they are good. The rest, they are bad.

One main factor is that, sometimes recoveries are not a good sign if a coin is only meant to be pumped and dumped. Take XVG for example.

Having a short correction is not a bad thing for the market and when you see a market that just keeps going down without those corrections shows a high level of weakness in the market and possibilities of a crash. This was the exact thing happened in last year December month.

The little flags that are shown is just to let us know the bulls are in a way still trying to fight back but too weak to do so until the moment will come when there would be enough to strike back and that is what volume most of the time usually depicts but there is nothing wrong with the market at all.

[Dansamiv]

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.

It's hard to define anything at this point. Each cycle is required to develop any coin that grows, degrades, and balances. Bitcoin has a good sign that it still holds the balance at 6k. That's what I see, that might be a positive sound for now. The moon will come but may not be this year.

[okissabam]

To some they are, probably because when they entered the trading world they bought the coins at a certain amount and when it increases like a minimum percentage they would think it is mooning. You can’t seriously blame them for thinking that, just educate them if you know better instead of saying things they maybe barely able to understand.

[keanne_isaac]

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.

There is no problem if it slowly recover 1 or 2 percent daily as gradual movement of coins is much better than quick pump movement. but it seems it is not currently happening in the market selling volume outnumbered the buying volume which may still sign of bearish market.

[TheUltraElite]

Still, the percentage of Bitcoin's dominance in the market does not decrease, but it grows, so investors buy up Bitcoin, in the hope of growth and will soon raise the stakes to fix profits.

Those market metrics of coinmarketcap are not necessarily correct. Still it can be assumed that every time the net capitalization of bitcoin decreases, investors are pulling out money and then whales may charge it and pump it up to a 5-figure amount. They are not the point of interest for small cap traders.

To some they are, probably because when they entered the trading world they bought the coins at a certain amount and when it increases like a minimum percentage they would think it is mooning. You can’t seriously blame them for thinking that, just educate them if you know better instead of saying things they maybe barely able to understand.

OP is not talking about such things. What OP means is that small increments should not be considered as btc to the moon.
New people watching the market will get elated at every small rise of price - if they dont watch the prior market scenario.

[googs84]

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.

Surely they are not. After the fall of crypto from all the ATH's in December the current prices rises (if any) are just tiny fraction of whole thing and may not mean anything to the recovery process. This market now needs jump start of 50% or more then only we can say that they are in bull run and will be up for something then onwards. However currently they are not in the position and market is not really recovering at this point but it is getting hampered and loss is getting followed every where. Bull run is said to be at 15% up movement , but we are so much grounded right now that even 50% looks far from bull run.

[Semosuchi Tesongrato]

Of course corrections are not moons.
Btw, I have a good backgroud in forex trading, but it seems that in crypto usual technical analysis tools don't work.
BTC is still too sensible to speculations, and if you don't have "insider information" you just gamble.

[Ararbermas]

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.

actually holders nowadays trying to comfort all investors who still holding on this circumstances..to prevent constantly panic selling,  which is they prefer to spread positive new instead doing opposite that can't help market recovery.