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Author Topic: after only a few days the bitcoin has gone up, but now it's starting to fall aga  (Read 10349 times)
MortalCrypto
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May 20, 2019, 12:39:06 PM
 #61

Many people are comparing the recent btc pump to 2013 pump, when it also went like crazy, then pulled back to much higher prices than the bottom, accumulated for a while, and then continued its forward movement towards new heights. That's a likely scenario for 2019-2020, but it will take a longer time as the market is much bigger than 6 years ago. I would not recommend to sell now if you're aiming at the span of 2-5 years.
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May 29, 2019, 09:58:24 AM
 #62

I do not care about the price at all. I don't give a shit to the BTC price all I care is if BTC has any value. I am interested in the technology and not on its price. and I am sure that not a lot of people are gonna get affected by the little price drop. there are even people who did not have any coins at all.
Even i am not caring about price fluctuation in a mean time i am accumulating as much as bitcoin which i can . Not only  bitcoin even some other altcoins like ethereum , EOS ,NEM which i believe fundamental logic and purpose .
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May 29, 2019, 11:53:08 AM
 #63

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.
I believed many people don't have charting skills to analyze price movement of cryptos particularly bitcoin whenever there is a bullish runs definitely a pullback is imminent thus in such a scenario newbies will start panicking sending wrong signals FUDs just as it is played out now bitcoin had retraced from $8900 to $8400 and the price had started pumping again, this is price action and does need any cause for alarm.

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May 29, 2019, 12:17:53 PM
 #64

And that happens again, where every panic will never produce good rewards. It is evident that the bitcoin pump has come again and now panic is trying to screw it up again.
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May 29, 2019, 02:40:40 PM
 #65

Even i am not caring about price fluctuation in a mean time i am accumulating as much as bitcoin which i can . Not only  bitcoin even some other altcoins like ethereum , EOS ,NEM which i believe fundamental logic and purpose .
The best way to go indeed. Hoard what you can and buy with set fiat amounts on regular intervals works fine for this.

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May 29, 2019, 02:51:46 PM
 #66

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.
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May 30, 2019, 04:52:38 PM
 #67

The current situation is still quite normal after such a long period of the bear market. So far, Bitcoin has risen very well over the past two months and is not worth waiting for more from it this year. I mean that this growth rate will be the maximum for him this year. He will often stop growing or go for a correction and is generally good for him. But he should not, with such growth after some time fall in price.
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May 31, 2019, 05:06:32 PM
 #68

In one escrow group I belong to, this is to beat exchange fee and bank charges, people are hoarding their bitcoin because of slight correction, forcing us to make use of the exchange again. I think people are wiser now not to sell off their bitcoin. 

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June 04, 2019, 07:50:54 AM
 #69

Always monitor the price of bitcoin.so you will know when to buy or sell your bitcoin.
For the past weeks I observe price of bitxoin in week days will gone up and when the time of weekends goes down.so its up to you how you use your bitcoin.

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June 04, 2019, 08:07:07 AM
 #70

Bitcoin price movement  is not stuck on the runny patern, there always be upward trend and down trend. If you only look that the bitcoin price movement always up continously then it's impossible. The price will meet a correction for a while after the price following the trend again. The falling down bitcoin price at this time I believe this is only correction before its price has increased in a few hours. So, I'll not clamp down for those people who sold their bitcoin when its price continoue to fall because they had a strategy to make a profit.

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June 04, 2019, 02:15:45 PM
 #71

A dip is organic and it is healthy for the growth. Some people to cashout when they get profits, you can't blame anyone for that.

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June 05, 2019, 09:06:15 AM
 #72

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

This is something that we should always remember when we are in a bull run, there will always some sort of manipulation along the way only to create a big dip in a short period of time, but I am very confident that Bitcoin will eventually make a rally and create a long bull run, every great thing are happening now on Bitcoin.

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June 05, 2019, 09:20:08 AM
 #73

Those who are doing panic selling are the newbie investors who are just throwing their money in an investment that they don't know how it works.

You can say don't be too hasty blah blah but price of Bitcoin will not go up or down if there are no hasty investors Wink. The best thing to do right now is just hold your bitcoins if you are not good in trading  Smiley

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June 05, 2019, 09:22:03 AM
 #74

This is practically normal. Volatility in the cryptoverse is normal. Correction is normal (uh I mean, healthy correction).

For me, I think it happened because Bitcoin’s rise is so parabolic at a fast phase. It was expected that when the momentum stops, the market nosedives to correct itself.

If you take a look at the chart where Bitcoin quickly gained value, it could go down quickly as well. In some instances, there’s a time where Bitcoin’s value gone down that fast, it quickly recovered as well.

It’s because buyers are waiting in line for the dip to strike in purchasing their targeted buy order amount.

There’s nothing to be complained here. We’re all good here. Bitcoin is here to stay for a very, very, very long time.

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June 05, 2019, 09:57:35 AM
 #75

The market is unpredictable and traders sell thier btc if they see that they already profited, and buy back at low price. Btc falls when traders cashing out thier profit and then buying again at low price,  buy low sell high .
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June 05, 2019, 10:31:41 AM
 #76

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

This is something that we should always remember when we are in a bull run, there will always some sort of manipulation along the way only to create a big dip in a short period of time, but I am very confident that Bitcoin will eventually make a rally and create a long bull run, every great thing are happening now on Bitcoin.

the manipulation always comes when there is a correction and it always uses the fact that many newcomers can't see the difference between a correction and a crash. so when the small drop (aka the correction) starts they panic and start selling thinking it is a crash.
these people either lose a lot of money and leave or lose some money and learn from their mistakes. that is why i think the market is growing stronger every year.

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June 05, 2019, 10:33:02 AM
 #77

If we invest on bitcoin we should be used to it. Not just bitcoin but to other cryptos as well. Crypto market is very volatile so it's just normal to see that sudden ups and down. In my opinion it's hard to be a casual trader here if you have a small capital. It would be better if it should be a long term investment. Only people that are called whales or have a enough buying power when price still goes down can earn profit.
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June 05, 2019, 10:39:38 AM
 #78

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.
don't expect that bitcoin will continue to rise. if you see on the bitcoin chart it always goes up but there will be a time when it will stagnate and after that it will definitely go down. so every price increase will definitely have a time when the price will drop. but don't worry because bitcoin will definitely continue to rise after several times the price drops

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June 05, 2019, 10:53:39 AM
 #79

And that happens again, where every panic will never produce good rewards. It is evident that the bitcoin pump has come again and now panic is trying to screw it up again.
This panic created such dumped that needed to survive if you wanted to maximize the profits, investing to this currency will have a lots of challenges
to suffer, if you want to succeed you need to take the risk and wait for another ride.

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acroman08
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June 05, 2019, 11:55:24 AM
 #80

whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.

I agree, most people who do panic selling are new to bitcoin but there are always who are familiar to bitcoin
but still do it. most people who have been trading with bitcoin for a long time see this fluctuation as a normal thing
for bitcoin to do and they know that it will always gonna go up although there is a right time to sell your bitcoin
to get profit and buy to gain profit in the future.

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