Wtf Guys!?!

[tokeweed]

I mean I had my fair share of bumps in the head when it comes to holding cryptos...  But really, right when you think it's gonna be ok, a dump happens.  It's like the trading gods are saying:  'Nah-aaaahh'.  

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[ASHLIUSZ]

Each and every crypto holders and investors were much happy with the price increase that took place recently taking the price above $6800. All of the sudden the happiness has got washed off from every user as the price decline has begun in a very small time period. Such price pump and dump is good for traders, but here that too is highly difficult if there no time available between buying and selling.

[onrise]

By now I am used to it and does not worry much because we have seen how it has reached 18k from so low price in last quarter of the year and from their till this level it has huge falls and rise as well. So it is just a matter of time when at the same pace it will rise as well and move to 10k +.

[Denker]

I mean I had my fair share of bumps in the head when it comes to holding cryptos...  But really, right when you think it's gonna be ok, a dump happens.  It's like the trading gods are saying:  'Nah-aaaahh'. 

Yeah it's tough times at the moment.
Every time you think there is some silver lining on the horizon, your hope gets shettered.
It's a total patience game at the moment. The ones who end frustrated and selling now or even a bit lower (5k or so), however will regret it in 12-24 months.
Sometimes it's good just to take a few days from crypto at the moment.

[davis196]

I mean I had my fair share of bumps in the head when it comes to holding cryptos...  But really, right when you think it's gonna be ok, a dump happens.  It's like the trading gods are saying:  'Nah-aaaahh'. 

By the "trading gods" you mean the crypto whales,right?Yes,I`m pretty sure that they are watching the markets and laughing.Perhaps we should pray to the "trading gods" in order to get a more persistent price growth,but I can`t see who is going to fund that price growth.The newbies and new crypto enthusiasts are gone.The crypto "gold rush" is over.

[RamonBTC]

Same shit happens to those who calmly waited and being frustrated by this dumpers. At first I thought the market this days are slowly recovering and I am wrong with that assumption. Are this a late reaction from the hacking incidents on bithumb, I don’t think so.

Now waiting game is restart and trying elevate myself patience into the next level.

Bitcoin price will bullish run after all this decreases sooner.

[airdagon]

I mean I had my fair share of bumps in the head when it comes to holding cryptos...  But really, right when you think it's gonna be ok, a dump happens.  It's like the trading gods are saying:  'Nah-aaaahh'. 

By the "trading gods" you mean the crypto whales,right?Yes,I`m pretty sure that they are watching the markets and laughing.Perhaps we should pray to the "trading gods" in order to get a more persistent price growth,but I can`t see who is going to fund that price growth.The newbies and new crypto enthusiasts are gone.The crypto "gold rush" is over.

yes, the pope's gods are relaxing and laughing at amateur merchants like us haha
but, although now is the most difficult period for traders and small investors, I think the bull will soon be knocked on his heart and soon come to the market. I am sure the market will be green and return to normal.

[zakariajaki]

I agree with you, that at this moment we should do with a last and calm, with any prices that occur except when experiencing an increase, because now when we calm down and find out more than the economic and treading we are actually more fortunate because we know crypto earlier than anyone else, and the experience now will be the record of all crypto participants worldwide to be more patient and calm. as a result we are not alone everyone feels the same, remain calm and successful for us all

[blockman]

But really, right when you think it's gonna be ok, a dump happens.

THIS! I feel yaah.

You know what? it's gonna be okay.  

Bitcoin is still on $6k mark so there's no need to worry. Where's the dump? no there's no dump, it's still fine, we're fine.  

Putting my hopes until December.

[drm]

One thing, if you want to be a hodler, don't look at the price every day

[Lampaster]

It seems to me that those who hoped to do nothing and live all the time due to the increase in bitcoin prices this year got a cold shower. Bitcoin is a currency that you need to be able to earn. I hope now will be less willing to hold coins in the wallet. They will get a movement and we will see the use of bitcoin in trading. This will bring more benefits than speculation.

[Kim Ji Won]

To the point where the dump that happened again is much worse than the previous one. We all be like "Oh shit! here we go again" . I've experienced a lot of this and to be honest, I'm not that sensitive about the price anymore, I'm used to this now. Just trust in your investments like you did in the first place. Everyone is going though some shits with their investments and it is only up to us how to handle each of them.

[liuqi]

One thing, if you want to be a hodler, don't look at the price every day

You are right,  But peoples are always expecting a profit not a loss so day by day they will check the market. But next year we will get good results in crypto market. So we should keep holding for long run we will earn profit. But traders always monitoring in crypto market so it is affected in all the peoples.

[BitHodler]

One thing, if you want to be a hodler, don't look at the price every day

That.

I no longer bother to check the price. All my 'price updates' happen when I browse through news sites. In other words, if I don't browse through news sites I won't even know what the price is.

The price doesn't even matter when I buy my monthly or bi-weekly Bitcoins with a fixed amount of money as part of my accumulation process. Dollar cost averaging will make sure I end up doing well anyway.

I can somewhat understand why people get upset about the price going lower, but there is no need to exaggerate the situation. The current range of $6000-$7000 is obvious and pretty firm.

The market will only panic when we dip below the $6000 mark.

[stelee68]

I maintain my negative view of BTC price, until we can see mass adoption of crypto-currencies

The decline may last till next year. Since so many BTC believers have this deep-rooted belief that the BTC price will spike towards the end of this year, the BTC winter is coming and will teach the zealots a hard lesson.

My advice, if you have BTC then HODL. But if you have alot of BTC then perhaps its time to laddering-sell.

If you looking to buy / long, then don't do it. Time is not right yet.

[Emelectrol]

Can't see the bump, 1 btc still 1 btc on my book

[1Referee]

The market will only panic when we dip below the $6000 mark.

In that case the first next bottom to be tested hovers around $5500 which will turn out to be a great short term dip to buy. If that one doesn't hold either, the next dip to buy is $5000 but let's first see how $6000 copes with the pressure. I am still confident that it will hold despite it only requires one dump to break it instantly.

If it breaks, we can be sure of the fact that the demand has decreased to such degree, that those playing the markets don't have any problems shaking it up or down with minimum resources.

$6150 at the time of writing.

[cryptokwuk]

"BUY THE DIP GUYS!"

"THIS IS THE BOTTOM GUYS!"

"WE ARE ENTERING A NEW BULL MARKET!"

So, how did that work out? LOL

Here's a quick fact. People in the real world don't want your fantasy imaginary money that can be hacked at any moment and offers no privacy whatsoever.

[dbshck]

I mean I had my fair share of bumps in the head when it comes to holding cryptos...  But really, right when you think it's gonna be ok, a dump happens.  It's like the trading gods are saying:  'Nah-aaaahh'.  

Haha yeah, it's weird. Bitcoin had another leg down despite the good news(?) coming out from Mt.Gox bankruptcy proceedings.

In other words, Mt. Gox's bitcoin holdings will not need to be sold, as has been happening, but can instead be distributed on a pro-rata basis. This means that future creditors may receive more than $440 per bitcoin (a value that comes from the price of bitcoin at the time bankruptcy proceedings began), a possibility that has previously been a source of controversy.

https://www.coindesk.com/mt-gox-crypto-bitcoin-exchange-creditors-win/
No more Bitcoin sell-off and a big win for creditors, why does the market react negatively to this?

Edit: Oh turns out there's a bad news coming at the same time, also from Japan https://cointelegraph.com/news/japan-hits-6-more-crypto-exchanges-with-business-improvement-orders

[shulio]

Small bulls and big bears are in the market now. It is hard to keep holding in this market state.