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Caladonian
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June 21, 2018, 01:23:37 PM |
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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.
Oh well, we do have our own interpretations for me this slow pace movement can be a good sign that there's still people that holding the price to avoid the big collapse, from the eyes of believers small traction of gain can move new investors to play and ride on, if you are irritated better to keep off while the market is unstable, go back when you already seen the bull runs again. |
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Tapyaks72
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Activity: 490
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June 21, 2018, 01:33:00 PM |
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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.
Yeah it can still recover only if they have a reliable team to operate so many things efficiently. It depends on the operating team how they work on their coin. A coin will not introduce itself so yeah it's common sense to rely on an effective team in command. The team is really important to the development of ICO’s, that will provide good creating strategies in selling ICO's and creating the functional products that would convince investors. |
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dothebeats
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Activity: 3640
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Cashback 15%
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June 21, 2018, 01:57:35 PM |
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1 or 2% +ve changes shouldn't be called recoveries and not be celebrated at all, except if it's a continuous rise over the course of a few months/weeks. Just a quick look at the charts say that there are no recoveries happening along the way, seeing that the bearish sentiment over the market is still strong and selling pressures are still present. The market is going sideways and one big sell order could change the course of the next few weeks. Right now, we haven't been into sub-$6k despite the continuous selling pressure the market has seen for the past few weeks so it's still good in my book.
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feehannah
Jr. Member
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Activity: 192
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June 21, 2018, 01:58:46 PM |
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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.
Why no?!..Even a 1% daily recoveries it will be a stepping stone to go to the moon. Avoid to become a irritated person,while you are here in crypto world,it is not good for you. Just focus to your activities in crypto and gather more good ideas to become successful someday.good luck to you my friend! |
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kotajikikox
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★Bitvest.io★ Play Plinko or Invest!
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June 21, 2018, 02:11:38 PM |
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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 know you kno and all people working in trading are knows what will happen in the world of cryptocurrency trade, control ypur emotion and b pe patient 1% to 2% daily recoveries are good sign to become price rate of altcoins including the king bitcoin goes huge the price in the coinmarketcap in the right time may this coming august to September price going to the moon and the trading stable into good conditions. |
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Shenzou
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June 21, 2018, 02:28:56 PM |
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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 is a good sign, it is a step toward the right direction and no one said that it was a full recovery, you know what is really irritating is hearing all this negative thoughts being spreed on the forum, trying to bring people down, it is good to be positive and hope for the best, because letting negativity control your ideas about the market than you will definitely make some mistakes. |
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speem28
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June 21, 2018, 02:35:56 PM |
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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.
Why not?1 or 2% recoveries of the market prices are a good sign,if they are consistent and continue for 2-3 weeks.The problem is that I don`t see such consistency.The markets will continue to stagnate and there won`t be any steady bullish trend this year.The patient HODLers will be rewarded for their patience,anyone ,who is waiting for fast profits will lose in the end. Well, what mostly happen is that, after a 1-2% price recovery holders will consider it as a good sign and they will feel a sense of relief thinking that, that would be a good chance for them now and after a while, market turns red again and declines lower than the previous fall. This event triggers emotional instability for most holders resulting for them to spread negative news about the project or FUD. |
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liuqi
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LuckyB.it is Back!
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June 21, 2018, 02:38:10 PM |
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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.
Crashes are suddenly happened in market but recovery is slowly comes in the market because sudden pump is highly risk in the future pump. So 1 to 2 percent is more than enough to recover the Crypto market and many peoples are expecting some gradual hype is comes in the future. |
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hasmukh_rawal
Copper Member
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Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
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June 21, 2018, 03:01:09 PM |
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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.
Agree with you on this mate. I have seen so many people saying that there is a spike in the market which is actually not a spike but just a recovery. For example, the recent Bitthumb hack due to which the market went in decline a bit was recovering and then I saw a post where the OP was saying that the spike will lead to new ATH . This is just ridiculous. I think people should start seeing the history before they consider it as a spike. |
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fiulpro
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June 21, 2018, 03:18:29 PM |
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Crash recoveries are not moons for sure but they are something that's very essential you know without those recoveries they won't be able too hit the moon in the first place , therefore recovery's something that's a big deal you know.
We cannot always think of suddenly it exploding and getting big and we making big profits. It happens step by step and that's the first step and something very essential, so I think it may not be the moon but it's as important as that.
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Dart18
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June 21, 2018, 03:26:14 PM |
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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.
C'mon don't leave us hanging with just that. Why not explain why it is not a good sign. For most of the comments here they are against you and I am also on their side. A green color will always be a good sign. Also, it is a good sign that people are being positive with the crypto market and not losing hope. Am I right? Why irritated with that kind of manner of people? |
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gantez
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June 21, 2018, 05:23:59 PM |
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We can't say crash recovery are not moon because most times, such recovery would see market make much gain to turn the market into bullish. I remember last year before bitcoin hit its highest, price recovered from $12,000 after dropping to $10,000 before climbing to $15,000 until it got to $20,000.
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ss890
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June 21, 2018, 05:50:25 PM |
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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.
Thats a pretty good judgment about the people and their predictions. Its true as people think that it is perfect when there is some green signal coming along the way. They think they have already found the great investment and now they will see perfect bull run next door! I guess its their impatient nature which makes them think like that. They forget that we already have had biggest dump ever and until the time we dont reach exact initial value then we never reach the break even point! That should be known by everyone for sure. |
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yesyes18
Member
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Activity: 546
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June 21, 2018, 06:18:37 PM |
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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.
That's true. That's what I refer to as the lower greens. The small increments we see are just camouflage we see and they are not a true recovery. Recovery is when you get back to your initial state. |
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nydiacaskey01
Legendary
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Activity: 1834
Merit: 1036
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June 21, 2018, 06:26:27 PM |
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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 it depends on the reason why it crashed. If its something like what happened last year when China announced ban of ICO's after the 2017 ghost month, it took a few weeks when market started to pick up and Bitcoin hits all time high by December. If its after a site has been hacked same thing, market will react for a while but it will soon recover. Recovery maybe slow but at least it is recovering. |
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nsasuiteb
Full Member
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Activity: 406
Merit: 100
BAILOUT
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June 21, 2018, 07:08:27 PM |
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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.
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wantjokull
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June 21, 2018, 07:43:43 PM |
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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.
Obviously it is just few % which is also getting added up by the new investors that may wanna try the crypto world now.  People are always and will be misleading in all senses. They have never understood the criticality of the market when it sinks at the bottom. When any coin reaches its bottom then either it will take very long time to rover itself with lots of ups and downs and kinds of 1-2% on the way. With single green candle the whole prediction can never be done and those who does is just not the real investor for sure. |
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shinchan123
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June 21, 2018, 07:45:40 PM |
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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, indeed. It's good that the market is recovering somehow after a great crash. However, do not consider it as a sign of a market recovery, since the market crashed heavily and a little recovery does not even meet the amount of percentage it dipped compared to the past market value of cryptocurrency. |
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audaciousbeing
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June 21, 2018, 08:22:13 PM |
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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. |
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cryptowolfsu
Member
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Activity: 476
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June 21, 2018, 10:02:36 PM |
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It cannot be called recovery but every positive sign can be a start of the recovery. I can understand that some of us are losing their
patience and expecting the market to bounce back, but it is still not happening and they are frustrated.
It is also a good sign that the market today has not reacted negatively on the hack of Bithumb.
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