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Author Topic: The market is not good  (Read 909 times)
jossiel
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July 28, 2021, 04:43:50 PM
 #61

there is still potential for BTC don't be pessimistic. 
That's quite normal to see people become negative when they see some huge drop in price.
That's it. We all have to remember that not all the time the market will be bullish, sometimes bear season has to come. The good thing is that we are not in a bear market, the market prices are still healthy even altcoins showing such huge pumps when Bitcoin moves high. That is why we don't have the reason to get panic and worried about every decline as always there is recovery next to it. Only we have to keep calm, be patient, and lastly, we have to trust on crypto and on our invested coin.
Yes.

We're not yet in a bear market and others have to be happy as much as they can since we saw the huge drops for the past weeks. It only confirms that we still can possibly see bitcoin move some quick pumps that's very usual to it.

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July 28, 2021, 05:12:30 PM
 #62

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?
Just a little update this July 29, the market is bullish and many positive news are coming out. BTC just hit 40K and holding its resistance.

I suggest you stay out of that groups and read articles made by reputable ones. These groups are pure speculation and facts aren't there to be found. Moreover, bearish season is probably done. Many news are coming out right now and bullishness is taking place.
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July 28, 2021, 06:15:28 PM
 #63

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?
Just a little update this July 29, the market is bullish and many positive news are coming out. BTC just hit 40K and holding its resistance.

I suggest you stay out of that groups and read articles made by reputable ones. These groups are pure speculation and facts aren't there to be found. Moreover, bearish season is probably done. Many news are coming out right now and bullishness is taking place.

With how the market is moving upwards now and keeping the barrier,

It's good to say that there's expected updates that attracts investors to hold, adding to that, each time that market show strong and keep moving upwards, the attentions coming from those who are not really interested to this business are starting to change-up, bringing newcomers to learn and invest.
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July 28, 2021, 09:27:54 PM
 #64

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?
Just a little update this July 29, the market is bullish and many positive news are coming out. BTC just hit 40K and holding its resistance.

I suggest you stay out of that groups and read articles made by reputable ones. These groups are pure speculation and facts aren't there to be found. Moreover, bearish season is probably done. Many news are coming out right now and bullishness is taking place.

With how the market is moving upwards now and keeping the barrier,

It's good to say that there's expected updates that attracts investors to hold, adding to that, each time that market show strong and keep moving upwards, the attentions coming from those who are not really interested to this business are starting to change-up, bringing newcomers to learn and invest.
Just as expected that  there would be no such interest when the market is really moving sideways or in bearish state then there would really be that hesitance and doubts
but you would see different perception or actions when market is gradually showing off some green candles and this is where people do starts on buying but actually
it is really mostly talking about taking action in FOMO situation which they should have consider or at least do things when everything was cheap.
Market isnt really something you can expect to be on good state always there would be always that bad.

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July 29, 2021, 07:58:33 PM
 #65

<°°°°°°°>
That is the thing about the "emotions" around here. Why do people get upset so much over bitcoin falling, it suppose to fall time to time, it SHOULD fall sometimes because that is what the market always does, it is the thing that we should always count on, for it to go up and down.
Yes..a cryptocurrency market doesn't have a specific price, it's only novice that can be upset whenever bitcoin falls or depreciates to the initial ground, from what i observed cryptocurrency holders only make a profit whenever the price of cryptocurrencies get higher than the value they used to purchase it, so from this scenario getting upset or been unpleasant whenever bitcoin price dropped is not a criteria to get uplift or to recover the lapses of market, so i notice that for cryptocurrency to be interactive or be interested is due to rising and falling of it's price


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July 29, 2021, 08:06:50 PM
 #66

<°°°°°°°>
That is the thing about the "emotions" around here. Why do people get upset so much over bitcoin falling, it suppose to fall time to time, it SHOULD fall sometimes because that is what the market always does, it is the thing that we should always count on, for it to go up and down.
Yes..a cryptocurrency market doesn't have a specific price, it's only novice that can be upset whenever bitcoin falls or depreciates to the initial ground, from what i observed cryptocurrency holders only make a profit whenever the price of cryptocurrencies get higher than the value they used to purchase it, so from this scenario getting upset or been unpleasant whenever bitcoin price dropped is not a criteria to get uplift or to recover the lapses of market, so i notice that for cryptocurrency to be interactive or be interested is due to rising and falling of it's price

Some experienced traders get happy too when bitcoin falls because either they accumulate it after shorting it and making good money, or they don't like bitcoin that high. I also thought btc would go down till 20k as the talks surrounding me were entirely bearish and many support areas were broken down which forced me to think that btc will be accumulated more near 20k and institutions will be the buyers, it couldn't happen though. Worst was when I saw Binance futures liquidating too many short positions in just one hour when the price went from $36k to $48k, a $12k move in futures but not on spot.
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July 29, 2021, 10:59:19 PM
 #67


Some experienced traders get happy too when bitcoin falls because either they accumulate it after shorting it and making good money, or they don't like bitcoin that high. I also thought btc would go down till 20k as the talks surrounding me were entirely bearish and many support areas were broken down which forced me to think that btc will be accumulated more near 20k and institutions will be the buyers, it couldn't happen though. Worst was when I saw Binance futures liquidating too many short positions in just one hour when the price went from $36k to $48k, a $12k move in futures but not on spot.
It was to know how hard to make market speculations and I did stop relying on the rumors around as this was not the source of information nor we can find it. I also think that it drops more but that's it, surge comes again and many were still happy. Like if you are buying at $30k, you should really be disappointed but the pumps had come and still have the chance to make some profit. I foresee that the market will keep this current momentum till the end of this year.

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July 29, 2021, 11:15:20 PM
 #68

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

Don't react too much when there's no good situations happening with bitcoin because traders isn't only focus on btc. They're holding other altcoins which also got a promising value that's starting to become progressive, after bitcoin showed a quick spikes. I don't think if bearish will strongly resist the bullish strikes of btc as well as the other top rising alts, so for today let's be smart on our actions prior unstoppable pumps will commence.

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July 30, 2021, 12:59:31 AM
Last edit: June 12, 2023, 01:02:16 AM by STT
 #69

The market is hesitant but not yet negative imo, we have risen and prices are still to decide up or down in short and medium term.   We have a good amount of offers to sell in the 40k area for sure and it could be just a delay before rising further but I think the bottom pricing still has to confirm further; only then will I be more confident we can rise to a greater scale or even resume the price action we had at year start.

For now its just going sideways, just about we are above the 2 day average but what these moving averages reflect is momentum and like a plane we need a certain flight speed to maintain lift or surely we experience some drop.   This is just the nature of trading a volatile market instrument, many traders will cash out and wait and see.  39.5k or above  I count it as sideways but with continued caution for now.

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July 30, 2021, 01:06:32 AM
 #70


Some experienced traders get happy too when bitcoin falls because either they accumulate it after shorting it and making good money, or they don't like bitcoin that high. I also thought btc would go down till 20k as the talks surrounding me were entirely bearish and many support areas were broken down which forced me to think that btc will be accumulated more near 20k and institutions will be the buyers, it couldn't happen though. Worst was when I saw Binance futures liquidating too many short positions in just one hour when the price went from $36k to $48k, a $12k move in futures but not on spot.
It was to know how hard to make market speculations and I did stop relying on the rumors around as this was not the source of information nor we can find it. I also think that it drops more but that's it, surge comes again and many were still happy. Like if you are buying at $30k, you should really be disappointed but the pumps had come and still have the chance to make some profit. I foresee that the market will keep this current momentum till the end of this year.

It's never easy to predict the price of Bitcoin, so don't panic and worry about the current market conditions. Because anything can happen to Bitcoin,
the most important thing is as long as we can think positively, we should be able to see an opportunity to collect Bitcoin right now. As you say to those
who believe in the future of Bitcoin, when the Bitcoin price dropped to $30k, and decided to buy Bitcoin at that time. Now it can make a profit, because
Bitcoin has gone up to the price of $40k, and there is a possibility that the price of Bitcoin could rise even higher. Therefore how far the Bitcoin price goes
down I believe the Bitcoin price will go up again, as long as we can be patient, then getting profit from Bitcoin investment is just a matter of time.

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August 03, 2021, 09:14:14 PM
 #71

It all depends on the way you looking at it from if you say that the market is not good. When price of Bitcoin is going in a downward direction to some people it is a good sign for them to buy more at the cheaper rate and when the Bitcoin market price is on the increase those who bought at the time it price was at the bottom. So all depends the angle you are looking at it the price from.
You know the experienced ones and you know on whose noob on this market when you do see these kind of drops or moving sideways where noobs do usually freak out and telling that its the end.

It cant really be avoided that you would react into a market which is really on reds but once you do have the experience then you wouldnt really mind much about these movements.

We cant really just see a market which would be having continous price rise.

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August 03, 2021, 11:16:44 PM
 #72

I feel like it is not bearish anymore. It has turned to bullish I believe. We saw how fast the price climbed to a level over $42k. For now, it's around $38.5k. But it could be a correction after a very quick increase.

In the end, the market has finally started recovering. And I hope to see it continuing.

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August 03, 2021, 11:48:54 PM
 #73

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

Some telegram communities were anti bitcoin, and I am not really about those desperate people in fact they're also investors on other altcoins.
A person wouldn't have satisfaction, so they will do everything to grab others just for their own personal benefit. Don't easily trust their insights, because they wanted to feed toxic ideas on our minds, that's why it causes demotivation to other trader and bitcoin users.
No bearish happening this month, always be strong and courageous to face your fears.
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August 03, 2021, 11:56:57 PM
 #74

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?

Some telegram communities were anti bitcoin, and I am not really about those desperate people in fact they're also investors on other altcoins.
A person wouldn't have satisfaction, so they will do everything to grab others just for their own personal benefit. Don't easily trust their insights, because they wanted to feed toxic ideas on our minds, that's why it causes demotivation to other trader and bitcoin users.
No bearish happening this month, always be strong and courageous to face your fears.

Over these years why this people hate bitcoin? for some other thought's maybe they lost a big amount of money due to volatility before that's why they came to the point like that. But honestly if they just study well the market flow of bitcoin for sure they will love to see how huge the potential is but looks like we the bitcoin users can only see this. I don't easily trust them since their toxicity really gives them a minus points and I think many people are smart enough to bite their stints towards bitcoin.

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August 03, 2021, 11:58:28 PM
 #75

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?
If me i think will hold that price is good if already bought and wait for a long term is worth to do. I think this year can be bullish maybe in the end of the year and people who in negative state, maybe if they look for profit in short time, better to made investment in altcoin.

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August 10, 2021, 05:51:19 PM
 #76

Is it still bearish when there is currently no good situation?
You should imagine bitcoin as a roller, efforts and agents from the market will create thrust and elastic force. When to push and when to retreat is the most exciting part of the market.
If you feel confused about it going down or up, I advise you to buy in accrual. Little by little and any time you feel in love with it, you can choose the price. It makes you not panic much when buying once.

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August 10, 2021, 07:39:29 PM
 #77

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Fluctuation by more than 20% in the price was common when the bitcoin price was low under $500 back then in 2015/2016. Nowadays it is rare to see a quick change by more than 10% in a day.

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August 10, 2021, 10:51:35 PM
 #78

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Fluctuation by more than 20% in the price was common when the bitcoin price was low under $500 back then in 2015/2016. Nowadays it is rare to see a quick change by more than 10% in a day.
Following Bitcoin is the growth of majority of the cryptocurrency in the leading list. Upon this almost every cryptocurrency like ethereum, BNB are behaving same as Bitcoin. Based on the growth fluctuation that is happening with a 10% difference within short time period it looks like the perfect time for scalping.

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August 11, 2021, 12:59:51 AM
 #79

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Fluctuation by more than 20% in the price was common when the bitcoin price was low under $500 back then in 2015/2016. Nowadays it is rare to see a quick change by more than 10% in a day.

the price is quite stable and good at this time, I see frequent fluctuations of 2% in a week and pumping 5% in a week it is very normal and natural for such fluctuations, many investors are looking for profit on the sidelines between the two. bitcoin is still red at 0.51% and had fallen at 2%.

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August 11, 2021, 05:02:45 AM
 #80

The biggest pain point for Bitcoin due for delivery on July 23 is $32,000. The current Bitcoin price is $2,9582. In many community telegrams, everyone is in a negative state.

Is it still bearish when there is currently no good situation?
so what can you say now that bitcoin after in 3 weeks not completely breaks that 32k ?

it is 45k to be specific    https://coinmarketcap.com/currencies/bitcoin/

if ever bitcoin climbs to 60k again , then all of those who talks in telegram and other social media forum will cry for believing in this bear market.

Bitcoin price drops are common in the crypto world. Bitcoin prices fluctuating more than 20% are common and this is what creates opportunities for us to buy at low prices. Then, make a profit by selling it when the price is high. So, it's best, for now, to swap bitcoins to stablecoins first and wait for the market to stabilize for buybacks.

Bitcoin dropping must be considered as purchasing time because of the discounted price right?

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