Are we ready for another price bump? Reminder for the shortsighted people. :->

[maxreish]

Panic sellers and panic buyers are really existing. We've been experienced long bearish time last year and yet, they aren't used to it. Seems true that they forgot how we've manage to wait long since last year until january so why worry now? Weve been waiting for the bump, yeah. Whoelse don't, right?

There is bulls coming around the corner. It bounce back at $8,400 and waiting to break the resistance at $8,600. Anyway, there are unexpected scenarios. Too early to be happy.

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[michellee]

Panic sellers and panic buyers are really existing. We've been experienced long bearish time last year and yet, they aren't used to it. Seems true that they forgot how we've manage to wait long since last year until january so why worry now? Weve been waiting for the bump, yeah. Whoelse don't, right?

There is bulls coming around the corner. It bounce back at $8,400 and waiting to break the resistance at $8,600. Anyway, there are unexpected scenarios. Too early to be happy.

It will break that number, I am sure, and I believe that will happen. Hold on tight your bitcoin and buy as much as you can if you believe too. Don't listen to people who want you to sell your bitcoin. We hope that the price will increase and break $12,000 before January 2020 so in the next month in 2020, we only see the rise of bitcoin again. Be patient and don't panic if you see the price is going down because that will be a good moment to buy more bitcoin.

[pawanjain]

I find it really difficult to know that such short sighted people don't even understand the basic fact that the price of any coin can never go in a single direction.
It has to change the way and at times even go in the opposite direction but then that's how it should move. That's exactly how it increases in the long run.
Bitcoin too has to go down at times so that it can boost in price in the long run.

[BrewMaster]

i would call them "forgetful" not "short sighted" because most of them seem to have forgotten that we had a very similar situation not so long ago this very year. and it is more common that you'd think. drops like this, out of nowhere without anybody ever predicting them (don't confuse those who always call for a drop as predictors). and there are certain people who always react the same way with panic as if it is the end!

[aces777]

Really no need to call anyone shortsighted. I just think a vast majority of these people are either new to the system, or they unaware of the fact that bitcoin is unpredictable and can move anyhow, depending on how the winds blow. Truth is, I believe that there would be a oump soon, but how soon? We can't exactly say for sure, but everyone should brace themselves up for that moment.

[1Referee]

I guess a newbie should just listen to the stories of people who came earlier if he feels that he is starting to get emotional about the bumpy ride and he will somehow be soothed. In the 10 years of Bitcoin's life, worse events have already happened.

Emotions and panic are mostly the result of people using borrowed money to trade or invest, or they use their savings and go all in. In that regard, it's not really a surprise that they aren't comfortable seeing the market turn against them.

If you only allocate like 5-10% of your net worth to trading or investing, and don't go all in immediately but use smaller fractions for each position, then this market's fluctuations will turn out to be more endurable, because your losses are very small.

Preferably, people shouldn't even consider trading or investing without understanding how this market works on a TA level. A lot of the more recent movements were just a matter of time to happen and could have been prepared for weeks before. Combine that with strategically placed stops to prevent severe losses and you won't suffer much if the market turns against you.

[maydna]

Really no need to call anyone shortsighted. I just think a vast majority of these people are either new to the system, or they unaware of the fact that bitcoin is unpredictable and can move anyhow, depending on how the winds blow. Truth is, I believe that there would be a oump soon, but how soon? We can't exactly say for sure, but everyone should brace themselves up for that moment.

New people don't know how they should react related to the situations. And that only makes them panic when they see something happen in out of their expectation and I don't think they are ready for the next thing that will happen. I believe the pump will come soon, but as you said, we don't know the right time for that. And only with the preparation, we can see that time so that we can sell bitcoin at the very highest price. But those people will not see this because they will buy when the price is starting to rise, and they will be too late to buy.

[pooya87]

Preferably, people shouldn't even consider trading or investing without understanding how this market works on a TA level. A lot of the more recent movements were just a matter of time to happen and could have been prepared for weeks before. Combine that with strategically placed stops to prevent severe losses and you won't suffer much if the market turns against you.

bitcoin is mostly unpredictable and there are certain movements in the market which you can never predict even if you suspect they might have a tiny chance of happening. for example the recent drop of this size was completely unexpected. there simply was no reason for such a big drop to take place. and no amount of TA could show that to you.

[Kakmakr]

Preferably, people shouldn't even consider trading or investing without understanding how this market works on a TA level. A lot of the more recent movements were just a matter of time to happen and could have been prepared for weeks before. Combine that with strategically placed stops to prevent severe losses and you won't suffer much if the market turns against you.

bitcoin is mostly unpredictable and there are certain movements in the market which you can never predict even if you suspect they might have a tiny chance of happening. for example the recent drop of this size was completely unexpected. there simply was no reason for such a big drop to take place. and no amount of TA could show that to you.

Yes and that is why a sudden increase in the price is also not out of the question.    We should just embrace the volatile nature of this technology and make the best of the opportunities that are on offer, before it presents it self. 

People are too focused on the "drop" in the price, where they should shift their focus to the possibility that there might be a "spike" in the price. We should go into a preparation mode, like Doomsday Preppers are preparing for a catastrophe and hoard as much bitcoins as possible for the opposite to happen. <Bitcoin going to the Moon> 

[Darker45]

Preferably, people shouldn't even consider trading or investing without understanding how this market works on a TA level. A lot of the more recent movements were just a matter of time to happen and could have been prepared for weeks before. Combine that with strategically placed stops to prevent severe losses and you won't suffer much if the market turns against you.

bitcoin is mostly unpredictable and there are certain movements in the market which you can never predict even if you suspect they might have a tiny chance of happening. for example the recent drop of this size was completely unexpected. there simply was no reason for such a big drop to take place. and no amount of TA could show that to you.

I have heard of at least one poster who said that he is not surprised with the recent unexpected price drop. But I doubt if he made the necessary arrangements before it took place. I highly doubt if he sold his BTC, or even half of it, even if he foresaw that upcoming catastrophe. Why? Because TAs do not just give us a single and certain path. TAs give us ideas of the possibilities, which roughly means going down or going up. While he believed that there is really a chance that the price will fall, he also believed that it could not happen at all and the prices will move on the opposite direction. Now, that is spelled uncertainty just the same. 

[EdvinZ]

The starting message is encouraging. Indeed, the price of Bitcoin is very volatile and the current fall in prices may simply be a correction in connection with the growth you described. I think that Bitcoin still has potential for growth, do not forget about the upcoming halving of the reward for the mined block, and so on. It makes sense to buy Bitcoin in such falls, on those funds that a person spends for investment and which it is not a pity to lose.

[Anegg]

On 6th of July 2019 the Bitcoin price was hovering around $7700 and within 20 days it went up to almost $12600+ and nobody even anticipated that it might happen. This was just over 2 months ago and a lot of people with a very short memory are already panicking and selling their coins.    https://www.blockchain.com/charts/market-price?timespan=1year

I am posting this as a reminder to those people with a short memory that things in Bitcoin change at a very rapid pace and if you are too focused on the immediate price, you might just miss out on the next big price bump.  

Also remember that we were playing around with a $3000 to $4000 Bitcoin price back in January, so it is not the end of the world, if we see a little correction.  

Buy low and hoard those coins, you will not be disappointed if you do. <It might take 1 month or even 3 years, but I would rather be prepared ...than jumping the ship and being out of coins when it happens.>  

At this point anyone who is still holding Bitcoin understands the corrections in price that will occur and are emotionally stable enough not to be overwhelmed by the large price dips that are bound to happen. I think that we could definitely see a bump in price within the following few months, but then again, we really don't know what is going to happen with the oncoming global recession which will most likely have a serious impact on Bitcoin.

I would definitely say that this a good time to invest into Bitcoin with the large price reduction we saw in the previous few weeks, and holding it would be the best option.

[Shasha80]

Everyone will panic if there is another price bump again, because no one will know
exactly when it happened. But we must be able to control our emotions if it really happens again.
That there we must always have a plan if the price is going up or down. Indeed in the world of crypto
full of surprises. Like it or not, we have to be able to make the right decision.

Actually there is nothing to worry about investors and senior traders have often
experience events both prices suddenly go down or up. I'm sure there are no problems. That is necessary
preparation is for newbie to the crypto world. They must learn a lot and prepare a strong mentality.

[Mumbeeptind1963]

We are expecting that bitcoin will go higher before the year ended. We are hoping also that bull run may come. There are so many news now everyday that actually could affect the price. But we need to be prepared also , that maybe it could not be happen, it can be have a dump again , market is unpredictable but we are hoping for the best.

[ivakar]

On 6th of July 2019 the Bitcoin price was hovering around $7700 and within 20 days it went up to almost $12600+ and nobody even anticipated that it might happen. This was just over 2 months ago and a lot of people with a very short memory are already panicking and selling their coins.    https://www.blockchain.com/charts/market-price?timespan=1year

I am posting this as a reminder to those people with a short memory that things in Bitcoin change at a very rapid pace and if you are too focused on the immediate price, you might just miss out on the next big price bump.  

Also remember that we were playing around with a $3000 to $4000 Bitcoin price back in January, so it is not the end of the world, if we see a little correction.  

Buy low and hoard those coins, you will not be disappointed if you do. <It might take 1 month or even 3 years, but I would rather be prepared ...than jumping the ship and being out of coins when it happens.>  

interesting what do you mean by "but I would rather be prepared"?  taking into account first part of your message, where you've stated that all price move of bitcoin were unexpected for majority of people, so there is the question, how will you prepare for it?
I think myself that the good idea is just be patient and do not make sudden moves. I mean if there is sudden price change no need to buy or sell bitcoin. Wait to see the whole picture. and if you see the whole market moves in one direction - follow it

[pooya87]

Preferably, people shouldn't even consider trading or investing without understanding how this market works on a TA level. A lot of the more recent movements were just a matter of time to happen and could have been prepared for weeks before. Combine that with strategically placed stops to prevent severe losses and you won't suffer much if the market turns against you.

bitcoin is mostly unpredictable and there are certain movements in the market which you can never predict even if you suspect they might have a tiny chance of happening. for example the recent drop of this size was completely unexpected. there simply was no reason for such a big drop to take place. and no amount of TA could show that to you.

I have heard of at least one poster who said that he is not surprised with the recent unexpected price drop. But I doubt if he made the necessary arrangements before it took place. I highly doubt if he sold his BTC, or even half of it, even if he foresaw that upcoming catastrophe. Why? Because TAs do not just give us a single and certain path. TAs give us ideas of the possibilities, which roughly means going down or going up. While he believed that there is really a chance that the price will fall, he also believed that it could not happen at all and the prices will move on the opposite direction. Now, that is spelled uncertainty just the same. 

you've heard one, i've heard many expect this drop. but the thing is, the same people are always expecting drops at all times. it is like those crazy people with signs saying "The End is Nigh", and we know that even a broken clock is correct twice a day. so i wouldn't really read too much in what a lot of them are saying specially those without a prior history that come out suddenly talking about drops, they always have another old burnt account that makes them start fresh with a new one.

[Flor1982]

The Bitcoin market performance is still in average dominating for this year so i suggest that we should not lose our hope and keep the faith that it will bounce back h8gh soon. Bitcoin was in this difficult situation for so many times before and still survived therefore we should not miss this opportunity that the price is much cheaper again.

[Reatim]

Reminders like this is always needed since people here are merely affected by continue dumping so boosting them is one good effort to help the community so stay stronger


About the question..?yes I am ready for the next Pump and I am surely confident about the amount I will be gathering since I have been ready for almost a year now