The slow 5 days of green ended in less than 5 hrs.

[leonair]

I thought the slow price increase of Bitcoin is a sign of a Bull market but I was wronged, it happens so fast. I'm deciding to invest $1000 yesterday, thanks God I didn't. It seems spike increase nowadays are so scary as it follows a downfall afterwards.

New strategy learned, ride the slow price increase and wait for the sudden price increase within a day then sell  .

[namqnvn9]

bitcoin continued to decline. the cow won . I lost $ 100 USD   I was unable to place an order to withdraw it in less than 5 minutes -10 %

[bL4nkcode]

New strategy learned, ride the slow price increase and wait for the sudden price increase within a day then sell  .

That doesn't apply in every increase, but if you think you can profit even a little and doesn't care if the price will still increase then that's win win strategy than holding IMO.

This is crypto market, that sudden decrease is not a new thing, it can even do in just 1 hour or so.

[geminiboy]

Such a rapid decline often happens and I think this is really price manipulation, the decline is so fast that it removes CMC volumes from $142 billion to $ 128 billion, does anyone think of this decline?

[gantez]

I'm deciding to invest $1000 yesterday, thanks God I didn't.

This is not a matter of thanking God that you didn't invest it but perhaps it should be a thank God that the decrease has given you another opportunity for bigger gains. If you invest now, maybe is the right time because you might not catch the bull when it starts.

[mk4]

Man. I was planning on selling a very small amount just for me to be able to purchase something I've been wanting for a while. I planned on selling it a few hours ago after playing a few games of DOTA2 with friends. Then when I checked back on Coinmarketcap, yikes. I shouldn't have waited LOL.

[kingpin4321]

I said it that we are not yet over with the bearish market.
The market has lost over 11million in minutes.
Let hope we hit the bottom very soon

[TheCoinGrabber]

I must admit, even though I keep telling my to wait for it to get back to 6k before selling, I was tempted to sell at 4k. Well, guess I missed the chance and have to wait some more.

[Indamuck]

Sorry to say this but your a fool for trying to time the market.   The only thing that matters is bitcoin will increase overtime,  worrying about these small dips is not what smart investors in.  You can average in your buy in levels if you want  but never try to time the market.

[LFC_Bitcoin]

This is nothing new. We’re in a nothing zone at the moment, it happens every single time when we’re at the end of a bear market but not quite fully transitioned into the next bull market. It’s easy for big players to manipulate the market when there isn’t much volume, not many people buying.

We’ll continue like this for another 6 months until we start to get nearer to the next halving.

Use this as a time for accumulation, HODL & you’ll make great profits when it’s the bulls time to shine.

[dupee419]

Though I don't think its a good strat, you'll never know if that will be the price point or will it continue to go up, nevertheless it's still one of the decisions that's left when you're going to sell it, otherwise if not then it's better off to wait for the next price spike.

[Danica22]

You're almost... but if you are going to make it a long term why not try to buy bitcoin now?

There's a fact that someone has an eager to buy a bitcoin for $19k last 2017 in peak but right now they are afraid to buy in $4k.

[n0ne]

The days of hope got faded in less than 30 minutes. Looking the bullish trend on the market people begun to have some form of happiness as price recovery has begun. To the expectation everything got away making people to speculate on price pumping once again focusing on a bull market. A drastic loss could've been encountered by more small scale investors.

[aoluain]

Thats the crypto markets and its how you can loose  if you are not
with yor finger on the pulse.

You have to realise the markets can drop just as quick as they can
rise and i have learned this before while trading.

It offers another chance though to buy at a lower price.

[Darkoth89]

After a few days with some green, a lot of people were already sure that the bear market is over and that much better times are coming. Seems like we are still in the middle of the bear market and we cannot expect a change any time soon.

[eaLiTy]

Man. I was planning on selling a very small amount just for me to be able to purchase something I've been wanting for a while. I planned on selling it a few hours ago after playing a few games of DOTA2 with friends. Then when I checked back on Coinmarketcap, yikes. I shouldn't have waited LOL.

I did not have that luxury, i send my coins in the exchange but i made a sell order for $4500 and was busy with my work and then when i checked the market i was surprised that the market went down below $3850 and withdrew my decision of selling, made my decision to sell looking at the future market , since the month end is coming i expected a fall but not this much and i am really disappointed with the speculative market without anyone owning a single coin, they are manipulating the entire market.

[bL4nkcode]

Man. I was planning on selling a very small amount just for me to be able to purchase something I've been wanting for a while. I planned on selling it a few hours ago after playing a few games of DOTA2 with friends. Then when I checked back on Coinmarketcap, yikes. I shouldn't have waited LOL.

I think I'm just lucky bit earlier, got converted some to fiat when the price is still 4k plus due to small wants for something.

[hugeblack]

You want to speculate and do not want to bear the losses? This will make you lose more.

On the long-term scale "based on your belief that 5 hours long" the price has increased 5% from last week so I think you are a winner and the price did not collapse frightening collapse.

Also, price analysis without relying on news and events leads to false results.

[Jating]

I must admit, even though I keep telling my to wait for it to get back to 6k before selling, I was tempted to sell at 4k. Well, guess I missed the chance and have to wait some more.

Lol, me too, I was tempted to sell some of my stash because I wanted to buy something and then whoahh, suddenly the price goes down that fast, I miss the opportunity, but anyways, I'm not in a hurry to buy that item though, so yes, we have to wait a bit further.

But the slide, was really fast though, matter of minutes as I was monitor it, don't know what triggers it, hopefully we may have to try to get back that $4k - $42xx range again.

[vit05]

1D and 1W chart only shows a great buy signal between 3200 and 3800. I will always buy as long as the price is in this range. But over 3800, the only thing I can do is wait to break the 4200 hard. If it does not break, it means the price will, unfortunately, fall below 4k instead of staying in that range. But there is the weekend factor. Where the negotiations are always with low volume and allow great manipulations. I am hopeful that this sudden drop will increase the volume of buy and we can break 4200 already on Monday.