Wtf Guys!?!

[tokeweed]

Hah!  Right when I decided to cash out some BTC to fiat, the trading gods decided to pump it.  Lmao.  But still think another dump is just around the corner tho.  The trading gods are leveling us.

Countdown!  Dump in three...  two... 

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[Tzupy]

Hah!  Right when I decided to cash out some BTC to fiat, the trading gods decided to pump it.  Lmao.  But still think another dump is just around the corner tho.  The trading gods are leveling us.

Countdown!  Dump in three...  two... 

No trading gods, just risk-averse traders. They pumped on the 12h MACD crossing, and in the process also crossed the 24h MACD into positive (barely).
While 3d and 1w MACD are still negative, there's a good chance the weekly PSAR will flip to bullish soon.

[taksrkanah]

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.

it seems that many are convinced by the end of the year.
then I will also come to believe that if the bitcoin december will pump.
can not wait.

[tokeweed]

Hah!  Right when I decided to cash out some BTC to fiat, the trading gods decided to pump it.  Lmao.  But still think another dump is just around the corner tho.  The trading gods are leveling us.

Countdown!  Dump in three...  two... 

No trading gods, just risk-averse traders. They pumped on the 12h MACD crossing, and in the process also crossed the 24h MACD into positive (barely).
While 3d and 1w MACD are still negative, there's a good chance the weekly PSAR will flip to bullish soon.

Well...  BTC is holding it so far.  And the funny thing is it's the alts that are being dumped (for BTC).  We could see BTC recover first and then that recovery could trickle down to some alts?  What do you think?

[YuginKadoya]

It will surely not go according to your liking bitcoin or cryptocurrency holders have a tendency to lose hope regarding this things and there are many chances that have been wasted because of the uncertain things that have gone the wrong way, Definitely this is frustrating and I have so much trouble regarding this, Because I have experience it myself and I guess all in the community had the same issues like us but regarding this I really think there are many good things happen even if the chances are against you, Well if you had many Altcoin that you are holding that are down right now keep on holding it you may never know what can happen Even if ten of it are crashing there are an odd that one of them will surely increase and make you a worth holder.

[r32godzilla]

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.

Everyone knows that bitcoin price is unpredictable.But at this time,when everyone expected that market would recover and enter into bullish trend it started to fall again which was a little bit disappointing.

[maxreish]

That's what greedy turns out to be. The moment we want to sell our coins higher than our  expectations, it will go the other way around. Seems imperfect but this is how cryptocurrency world plays. We have to dance it's movements.

[primarydumz]

We cannot blame them just they dump some coins. Not only this time bitcoin is down, we still have hope for the following months, who knows this coming next year bitcoin will rise again.

[gabmen]

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.

Everyone knows that bitcoin price is unpredictable.But at this time,when everyone expected that market would recover and enter into bullish trend it started to fall again which was a little bit disappointing.

I think one reason for that is a lot of people are too eager to sell in profit or even at break even point. Being too long in a bear market, they probably find it hard to believe that a positive run can be sustained, hence they sell at every opportunity, which also affects btc's positive run.

[Tzupy]

Hah!  Right when I decided to cash out some BTC to fiat, the trading gods decided to pump it.  Lmao.  But still think another dump is just around the corner tho.  The trading gods are leveling us.

Countdown!  Dump in three...  two... 

No trading gods, just risk-averse traders. They pumped on the 12h MACD crossing, and in the process also crossed the 24h MACD into positive (barely).
While 3d and 1w MACD are still negative, there's a good chance the weekly PSAR will flip to bullish soon.

Weekly PSAR flipped to bullish today. But it's into overbought now, so I expect a minor ABC correction, buy when it will exit from oversold in the 6h time frame.

[skeletica]

all investors are certainly very happy dengang current market conditions, bitcoin has begun to rise again.
and many perceptions say that by the end of 2018 the bitcoin will reach 50K.

[richardsNY]

Well...  BTC is holding it so far.  And the funny thing is it's the alts that are being dumped (for BTC).  We could see BTC recover first and then that recovery could trickle down to some alts?  What do you think?

People are indeed converting alts to BTC, but they'll move back to alts real hard when the SEC yet again decides to block an ETF. Maybe that Bitcoin tanking will make altcoins pump hard, we don't know. I don't take anything for granted here with how noobs prefer altcoins over Bitcoin. The SEC can literally make or break the short term market for Bitcoin, and this isn't a good position to be in. I sincerely hope that they will not let their anti crypto sentiment become the main reason for the ETF to be blocked, but maybe that's wishful thinking. We'll see what happens....

[tokeweed]

...   Aaaand here we are again.  Back to 6000 USD.  I swear some really old guy at the top is pushing the crypto doom switch and maniacally laughing while doing it. 

And shouldn't alts taking advantage of a 'weak' BTC and try and gain more market share?

[Aikidoka]

I really do not like it when you have your hopes high, and then life strikes you with unfairness. Added to that, bitcoin is having another bump, and I thought it was going to rise. I just do not get it. When will bitcoin be stable? I mean, will it increase even bit by bit and not decrease again? There are many holders who are still patient and have high expectations on bitcoin. I do not blame them or us. I really hope to see what we experienced last year.

[NoviceInvestor]

...   Aaaand here we are again.  Back to 6000 USD.  I swear some really old guy at the top is pushing the crypto doom switch and maniacally laughing while doing it.  

And shouldn't alts taking advantage of a 'weak' BTC and try and gain more market share?

Or there are people who don't believe that BTC will go incredibly high, so when it gets to $8000 or so, that it's the time to sell. Buying at $6000 and selling at $8000 is a big chunk of profit.

I really do not like it when you have your hopes high, and then life strikes you with unfairness. Added to that, bitcoin is having another bump, and I thought it was going to rise. I just do not get it. When will bitcoin be stable? I mean, will it increase even bit by bit and not decrease again? There are many holders who are still patient and have high expectations on bitcoin. I do not blame them or us. I really hope to see what we experienced last year.

Bitcoin will be stable when people are buying and selling it at a value determined by fundamentals. When you have people buying and selling  for speculation, then it's guaranteed that the price will be unstable.

I don't think that's 'unfair'. That's what investment is all about.

[fantasticX5]

The bear had given the market a full blooded trend and it's a headache to us who had waited for a market recovery. A small ups will ended in a bigger dips. It's a crazy market.

[Kemarit]

...   Aaaand here we are again.  Back to 6000 USD.  I swear some really old guy at the top is pushing the crypto doom switch and maniacally laughing while doing it. 

And shouldn't alts taking advantage of a 'weak' BTC and try and gain more market share?

We are back in the green at least at this moment. Perhaps the trading Gods wanted us to feel the wrath because a lot of us gains tons of money last December so its payback time.  . Seriously though, we might continue to struggle up to the end of year because the bears doesn't want to "give up" its position. Might take some time for alts to take advantage of the situation because speculators are not ready to pour their cash, not at situation wherein another bull trap is likely to happen.

[tokeweed]

There it is again!  Right at the very moment of thinking 'BTC solid at 7k USD, we're ok now'.  Lmao.  The next hour I checked the chart, my jaw dropped.  I'm pretty pretty sure somebody out there is trolling us...

[1Referee]

There it is again!  Right at the very moment of thinking 'BTC solid at 7k USD, we're ok now'.  Lmao.  The next hour I checked the chart, my jaw dropped. I'm pretty pretty sure somebody out there is trolling us...

By thinking that everything is 'ok' you're basically trolling yourself.

The main difference between traders and people here is that traders go with the flow of the downtrend, while people here go against the downtrend. If there is one thing you should never do, then it's going against the downtrend during a bear market. It's pretty much you asking for problems, and that will lose you a lot money in case you try to make some money out of it.

I have never really been a TA fan, but when the average people aren't trading, and thus not subjecting the market to their lunacy based on greed and fear, the market becomes TA applicable enough to actually profit from it.

[Bokugo]

There it is again!  Right at the very moment of thinking 'BTC solid at 7k USD, we're ok now'.  Lmao.  The next hour I checked the chart, my jaw dropped. I'm pretty pretty sure somebody out there is trolling us...

By thinking that everything is 'ok' you're basically trolling yourself.

The main difference between traders and people here is that traders go with the flow of the downtrend, while people here go against the downtrend. If there is one thing you should never do, then it's going against the downtrend during a bear market. It's pretty much you asking for problems, and that will lose you a lot money in case you try to make some money out of it.

I have never really been a TA fan, but when the average people aren't trading, and thus not subjecting the market to their lunacy based on greed and fear, the market becomes TA applicable enough to actually profit from it.

In fact they are useful and profitable for traders. I see people here usually only hold and they get really nervous and scared when the market falls. You guys are either using money that you can't afford to lose or you are holding for too long for no reason.