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Author Topic: Price fluctuations - Opportunity or despair?  (Read 567 times)
Willitivity
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October 05, 2019, 11:02:57 PM
 #21

The volatility of cryptocurrencies is what keeps it going. People buy in at the dip and sell at the top. If you know what you are doing, when to enter and when to exit then fluctuations is really an opportunity to make some money. For new crypto joiners, this may also provide a strategic point for entrance, if the market turns out well, that's some profits for them.
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October 05, 2019, 11:39:41 PM
 #22

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
Eventually we really can't predict crypto's movement all along the market, that's why many people go along the rude has been totally mad seeing their asset suddenly undervalued. It depends on the situation, some might be desperate but otherwise there were people who considered it as an opportunity if their buying cheaper coins then wait for their price to increase someday.

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October 05, 2019, 11:40:41 PM
 #23

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
Many people engaged themselves in crypto because of the opportunity to earn due to the price fluctuations and thats the nature of crypto so be used to it.

When the price is frequently moving then we can make money IF you have the strategy to take advantage the situation. As a trader the volatility is favor to us since we can buy and sell depending on the movement of the coins.
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October 05, 2019, 11:51:12 PM
 #24

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?

I believe Bitcoin fluctuation act both but not on the same time.  There are times that we can almost guess the next move of BTC and there are times that we never understand its trend.  We can make it a boon for us if he have patience and strong hand to hodl until our target price come(just be realistic though).  It is highly probable that our realistic price range will come since 1.  Adoption is still on its early stage and 2.  Suppy diminishing is inevitable.  Putting both the equation, decreasing supply + increasing demand means more people competing for 1 Bitcoin. And that is directly proportional to the price.
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October 05, 2019, 11:57:03 PM
 #25

this can be a golden opportunity to look for profits that you can get, from the rising and falling movements of cryptocurrency prices as they are suitable for use, follow the flow if falling prices can be bought and when prices rise you can sell it to attract profits.

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October 06, 2019, 12:10:56 AM
 #26

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum
Since when that Ethereum become “Mighty” ?remember that it was overtaken consecutive times by another coin Ripple(XRP) so expect the unexpected on that altcoin
Quote
but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
What Bitcoin is trending?which market are you checking mate?because the way I see it Bitcoin is more in red that Altcoins.so where in the world that you seen this?
Anyway the functionality is opportunity to purchase again(but only if you really trust that currency/token)
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October 06, 2019, 04:35:46 AM
 #27

this can be a golden opportunity to look for profits that you can get, from the rising and falling movements of cryptocurrency prices as they are suitable for use, follow the flow if falling prices can be bought and when prices rise you can sell it to attract profits.

that is if you are a an investor or trader where you have a capital ready on you and you are only waiting for the value to plunge before you attack   .

 the current event is still great for you but what about those who are not in this business ? there are workers here such as bounty hunter and free lancers that are being paid by cryptocurrencies   .

  now if the value is down their earnings will also be affected .  the dip is a despair for them
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October 06, 2019, 05:16:53 AM
 #28

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
Altcoins are super weird right now, in recent years we've seen BTC and altcoins rise together (remember the time period where ICO's where booming), but then in recent years, it's almost been like the opposite, where ICO's have almost died and instead people are only buying BTC when altcoins like ETH slowly drop in price, and haven't been positive in a long time.

this can be a golden opportunity to look for profits that you can get, from the rising and falling movements of cryptocurrency prices as they are suitable for use, follow the flow if falling prices can be bought and when prices rise you can sell it to attract profits.
It depends, most coins right now are just on a downwards trend and it's pretty hard to profit when every coin is going down, only a small amount of coins are positive, and BTC, but that's pretty hard.

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October 06, 2019, 05:49:33 AM
 #29

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
Checking the market now?seems like also bitcoin is dropping

https://coinmarketcap.com/

So it’s fair for the rest of crypto’s,because the blood marks spread on almost all the currencies and also tokens ,and about your Mighty ethereum (coz I’m surely you have big holdings lol) I also bagged enough amounts so don’t worry your not alone 👍

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October 06, 2019, 06:43:35 AM
 #30

It's pretty crazy how we hit a low of $3100 at the beginning of the year and more than quadrupled in value while we are still already triple from the Dec 2018 and everybody is saying we are in a bear market.


Don't know how new most people are here but most of 2018 it traded around $6.5K or so. You had plenty of times to sell at $12K, $10K and now at $8K which is much better than at $6.5K last year. When price was at $6.5K people were very bullish and now price is at $8000 and people are very bearish. Makes no sense.
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October 06, 2019, 07:23:25 AM
 #31

It's pretty crazy how we hit a low of $3100 at the beginning of the year and more than quadrupled in value while we are still already triple from the Dec 2018 and everybody is saying we are in a bear market.

Don't know how new most people are here but most of 2018 it traded around $6.5K or so. You had plenty of times to sell at $12K, $10K and now at $8K which is much better than at $6.5K last year. When price was at $6.5K people were very bullish and now price is at $8000 and people are very bearish. Makes no sense.

Sentiment is like an oscillator: people are generally bullish at tops and bearish at bottoms, regardless of the historic context. Now that we're 3+ months into this correction and sentiment is feeling so grim, it's time to keep our eyes peeled for bullish reversal signals.

Bull markets are known for rising on pessimistic sentiment, climbing the wall of worry. The current sentiment adds some credence to the idea that this is just a bull market correction.

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October 06, 2019, 09:03:28 AM
 #32

It all depends on how great of a trader you are, if you can sense when the price goes up and down then you are in luck because you can do trades that would yield you profits larger than whole stock market in just one day sometimes, that is why the big traders keep improving themselves and work on how to calculate and how to guess what will happen and they want to get better even for seconds because those seconds equal to thousands of dollars when you are big enough of a trader and spend thousands of dollars for each trade.

However, if you are not a good trader that doesn't change anything for you since you won't be making money from ups and downs, your only hope is to buy bitcoin and hold and hope that it will go up, anything else would be way too risky for a newbie.

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October 06, 2019, 12:44:26 PM
 #33

Even though I'm a long term bull, I'd still be cautious of buying too much in this market.

The sentiment has shifted drastically to the bearish end of the spectrum, which means that players within the market are bound to make irrational decisions as they are not only influenced by what BTC's fundamentals are when they shape demand, but also their emotions as well.

It ultimately comes down to how much this adjustment goes down to. I wouldn't put all my capital into BTC right now, but dollar cost averaging is a good strategy to go with to hedge against movement either way. I do think that BTC will likely dip below $8k for the time being, though, but the rebound can really happen any time.
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October 06, 2019, 01:05:40 PM
 #34

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
Always believe in “Buy Low Sell High” no matter what happens this is the safest and best way to profit specially if you can atleast hold for months or years
Look at the market now even the King bitcoin is bleeding and not only you mighty ethereum
So above all your capacity to hold and wait is what will saves you in this kind of fluctuations
So if you have extra money?take the chance now and buy altcoins to add in your folio

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October 06, 2019, 06:02:23 PM
 #35

It is an opportunity for those who wants to buy some at a low price and hold it for a long term,
But a despair for those who have weak hands and most likely to lose because of their fear or their emotion.
The only thing that they need is to know which alt-coin is worth the wait or hold in order to gain profit.
The price fluctuation could give them a profit but if they couldn't handle it , then it would get their capital and destroy them.

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October 07, 2019, 02:27:49 PM
 #36

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
Always believe in “Buy Low Sell High” no matter what happens this is the safest and best way to profit specially if you can atleast hold for months or years
Look at the market now even the King bitcoin is bleeding and not only you mighty ethereum
So above all your capacity to hold and wait is what will saves you in this kind of fluctuations
So if you have extra money?take the chance now and buy altcoins to add in your folio
There's no such thing about safest and best way to profit with this very speculative market.Ofcourse there would be still a risk
because we cant even point out on which price would be considered to be the bottom.BTC and other alts do always been good on breaking
investors expectations yet it can breakout nor slump its price unexpectedly.Buy low sell high sounds pretty basic but can you actually
apply it out on this very bearish market? Im sure you would be still hesitant.

bohr
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October 07, 2019, 06:59:52 PM
 #37

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
You cannot make profits in a market that doesn't move, so regardless of the direction of the market you want a price that is constantly moving and that there are many people buying and selling so you have an opportunity to profit by being able to guess the direction the market will take, so to me this is a great opportunity and you should not waste it, it seems that people forgot already what happened during last year in which the price was not moving and that was really a terrible situation for most traders.
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October 07, 2019, 10:36:54 PM
 #38

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
You cannot make profits in a market that doesn't move, so regardless of the direction of the market you want a price that is constantly moving and that there are many people buying and selling so you have an opportunity to profit by being able to guess the direction the market will take, so to me this is a great opportunity and you should not waste it, it seems that people forgot already what happened during last year in which the price was not moving and that was really a terrible situation for most traders.
What makes it so terrible is because of huge market fluctuation. It may be this is not a reason to complain about the situation, we are living this for a decade already. In fact, it was our great opportunity to make profits as fluctuation keep doing well. It is only a big problem here that some trader and newly existed investors were so exhausted with the current condition which they fall into panicking decided to dump their coins rather than to hold.
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October 07, 2019, 11:55:37 PM
 #39

Price fluctuations are an opportunity for professional traders while it is despair for beginners. There is no market in the world without price fluctuations whether big or small, it depends on how you might handle it that will determine whether you can make money from it or losses.
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October 08, 2019, 09:51:53 AM
 #40

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
First, let us treat it in the aspect of trading, I think that price fluctuation should actually be seen as blessing to traders, especially fluctuation on those coins that are useful for trade, I wonder how stagnant my trades would have actually been if there was no price fluctuation that would either give me the opportunity to buy or to sell, it is only when I have price fluctuations that I can make trading moves, which is why stable coins can never be used for trading.

For investment, I think that the fluctuation of price should also be a blessing for us, although not always, when the price fluctuates against the general market, it should be a time for us to buy, especially for those who had not bought at cheaper price, the only fluctuation that I don’t admire are on those coins that have no real use case, because it could lead to their death.

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