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Author Topic: Why complain about the dump when the market warned you????  (Read 884 times)
anandaijun
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August 03, 2021, 06:56:44 AM
 #101

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.
Activities in the cryptocurrency market, must be in full control or must always be monitored. Can't be careless.
If there are a lot of people complaining when the market goes down, for me it's a common occurrence for everyone who invests and it's their own fault.
That's why there are some people who suggest, when faced with bad market conditions, then don't panic.

bakasabo
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August 03, 2021, 07:17:19 AM
 #102

I also find it hard to understand why people complain about the price reduction. It is simply impossible for Bitcoin or altcoin to grow all the time. People are too naive thinking that after they bought cryptocurrency, its price will only grow. It is true, that popular and demanded crypto will grow, but on a large time frame. But most people check prices every half an hour and are happy when the price goes up, and it is a huge disaster if the price is lower than it was several days ago. They immediately start to think when to sell and who and why is responsible and to be blamed.

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lienfaye
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August 03, 2021, 07:28:45 AM
 #103

I also find it hard to understand why people complain about the price reduction. It is simply impossible for Bitcoin or altcoin to grow all the time. People are too naive thinking that after they bought cryptocurrency, its price will only grow. It is true, that popular and demanded crypto will grow, but on a large time frame. But most people check prices every half an hour and are happy when the price goes up, and it is a huge disaster if the price is lower than it was several days ago. They immediately start to think when to sell and who and why is responsible and to be blamed.
Some investors are just naive thinking the price will only go up and will never turn down. These kind of investors are lacking of knowledge and probably engaged themselves on crypto because of other people's influence and not because they are really determine to do so.

If you engage yourselves without even knowing the worse scenarios that can happen if you invest, you might end up as one of those investors who panic sell during correction. Dip is not often a bad thing because its a chance to take advantage the price if you will only look into it in a positive way.


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terrific
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August 03, 2021, 07:31:40 AM
 #104

You need to think that not everyone is used to the dips.
Every market has its downfall and people can't get over it from most of the time.
It is easy for the people that have enough experience but not all are the same.


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Pelana vreo
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August 03, 2021, 07:43:55 AM
 #105

-snip-

No one can see crypto price movements for 24 hours, someone wants to profit from holding and investing in crypto, therefore they want price increases when the market situation is bearish, waiting is very tedious, but always trade and don't complain because of the crypto market situation very volatile.
I'm currently buying more altcoins and hoping the price will go up by the end of the year, everyone will be worried if the price of the coin continues to drop, but patience is the key to big profits

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adekogbe
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August 05, 2021, 04:30:13 PM
 #106

One of the most interesting things about the financial markets is that people are making money on both sides of the market, some people are making money as the market dumps while others are making money when the market pumps.
So it is always important to do market analysis based of market structure, price action and candlestick patterns. The inturn tells you when the market is strongly positioned to dump and will prevent you from buying when the market is more likely to sell

juanda
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September 05, 2021, 07:08:32 PM
 #107

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.

not everyone who trades cryptocurency can see the market warning of a price drop because it requires expertise and information about this. and right now many people are panicking about the collapsing market situation.but I will not panic facing conditions like now because bitcoin will return to rise in the future.

finaleshot2016
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September 05, 2021, 07:30:42 PM
 #108

It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.

I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.
Simply, some investors are simply greedy, whining if an anticipated drop occurs while they continue to hold. I don't see why folks who don't want to profit complain when the coin takes a long time to pump.

A dip in the market is a good sign that it is very active; it suggests that some investors are simply taking profits and will take advantage of the peak.
After that, they will reinvest if the project is well-received and has future promise.
erep
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September 05, 2021, 07:42:29 PM
 #109

You need to think that not everyone is used to the dips.
Every market has its downfall and people can't get over it from most of the time.
It is easy for the people that have enough experience but not all are the same.
Everyone has different experiences so warnings from the market are not all aware that it is a sign of a falling global market movement, those who know the indications of a market downturn will switch their assets to stable coins but for those who are not experienced then there is no need to panic to do so because it only takes time to recover price.

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