It feel good to see Bitcoin going well

[ReiMomo]

A few bad news came out at the same time which has to lead to a massive dump for the Bitcoin price. On the other hand, traders become much panic due to this bad news. But in the end, Bitcoin starts to recover due to Amazon's fake news. Although the news was fake still seems Bitcoin is well played and traders aren't panic as well. After that observation, I believe patient traders are the winner. Patience is the key to trading. Volatile will always exist in Bitcoin price. So we have to trade by accepting this volatility.

As a trader, I am really happy to see my patience yielding some profits. Still I am holding. Yes, always the uptrend is really appreciated by all crypto lovers. However, crypto lovers have to mentally train themselves for down trend as well which will happen at any point of time. When invested into BTC, one has to be more vigilant enough to update oneself and act accordingly. However, lets cherish the current moment. 

[Renampun]

...

I have seen thousands of times when people panic when the Bitcoin price drops...

those who think that the price of Bitcoin will continue to fall are newbies who just entered the market and don't know what to do. Bitcoin is very volatile, maybe tomorrow we will see it at $25k but a few days later at $35k.

[Kittygalore]

Of course it feels good, especially if you have a lot of bitcoins accumulated overtime or have bought at a really low price. I think it's natural for us to be happy that bitcoin is on the green side of the market, the only people mad about this is probably the people that haven't bought bitcoin, doesn't have bitcoin or sold really early but didn't buy back.

[ScamViruS]

Of course it feels good, especially if you have a lot of bitcoins accumulated overtime or have bought at a really low price. I think it's natural for us to be happy that bitcoin is on the green side of the market, the only people mad about this is probably the people that haven't bought bitcoin, doesn't have bitcoin or sold really early but didn't buy back.

It is normal to have two types of people in the market. Those who hold Bitcoin for a long time never think much if the price of Bitcoin goes down. Because they know about the potential of Bitcoin. And traders who do short-term trading try to take every opportunity in the market to make a profit. The trader always tries to take a convenient position by analyzing the market.

So no matter which way the price of Bitcoin goes, everyone tries to increase their Bitcoin.

[sana54210]

Agreed with BTC ranging close to 40K confidence is increased and more people are thinking that this may well be the beginning of a new ATH. It is possible, though, nothing like this ever happened before so it will interesting to see if BTC market keeps to it's history or if it will make new history.

As for Ghost month, personally, have not seen a believable correlation between the 7th month and BTC price, and it would again be interesting to see where August takes us...

I really do not think that we should get that excited again, we are doing the same mistake as the people who called 28k the doom of bitcoin (which we saw recovered so quickly and went above 40k), if we do the same thing then we are going to end up with the same thing as well.

Realize that bitcoin is doing fine, but we need a lot more work for bull before you expect a bull, what can you do if you do not have money left (because you can just buy bitcoin with money and help if it was that easy)? Then you can go around twitter, bitcointalk, telegram groups and tell people that it is looking good, it is looking like there is a chance we could profit very quickly, and the next bull run doesn't seem to be going to happen anytime soon neither. What I believe will really happen is the fact that bitcoin will stabilize for a while, and when accumulation period is over we can go up, but we need some time for that.

[AliMan]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

Of course everyone make it as a good opportunity to earn good while there's chance to do it. After all when everything pass by, you're going to miss all those things then have to wait for another months or even years just to let your asset reach the desire value. However, panic couldn't be controlled when a person has no enough determination to handle trading specially when they don't have the skills and knowledge.

[Cherylstar86]

A few bad news came out at the same time which has to lead to a massive dump for the Bitcoin price. On the other hand, traders become much panic due to this bad news. But in the end, Bitcoin starts to recover due to Amazon's fake news. Although the news was fake still seems Bitcoin is well played and traders aren't panic as well. After that observation, I believe patient traders are the winner. Patience is the key to trading. Volatile will always exist in Bitcoin price. So we have to trade by accepting this volatility.

Of course there are lot of Bad news, fake news, downfall and everything, before the crypto price will recover and we must expect this because we trade in crypto world. Every downfall has a good changes after all. Rising of bitcoin is a good opportunity. Some traders panic because of that bad news but still in the end, bitcoin recover because of the Amazon fake news. I am glad to see bitcoin price rising, it was good to those people who take risk on bitcoin for a long time. Bitcoin price will not be permanent, but be patient every time you trade because bitcoin is always here to stay. Do not panic, trade and make earning.

[adzino]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

People always overreacted when they saw the price crash. It's nothing new over here. I don't know, but some people like doing that. Look at the media. You will see how they start spreading the news of the crash. They make things worse. But you won't hear anything from the media when the price starts to recover. Sadly, some people fall for it and hence sell whatever they are holding and incur a huge loss. Others that have witnessed a crash before keeps holding and hope that the price will recover soon, while rest invests more when they see the price crash to maximize their profit!

[Hypnosis00]

snip~

Of course everyone make it as a good opportunity to earn good while there's chance to do it. After all when everything pass by, you're going to miss all those things then have to wait for another months or even years just to let your asset reach the desire value. However, panic couldn't be controlled when a person has no enough determination to handle trading specially when they don't have the skills and knowledge.

You will always miss this that thing if you are contented enough with the profit you've got and just wanting more and more. Greediness something brought such terrible happening and most of the time, we ended up regretting. To control our emotions is the top priority we have to do, this was a difficult challenge and so many people got disappointed.

In this current situation, I think we should have to accept that having a small profit was good enough. Because for me, I'll consider small pumps will be my opportunity to sell. Even it was just 3%, 4%, or 5% market return, I'll still do it.

[dunfida]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

For new comers then they would surely freak out but for those who had experience then they would surely be seeing those situations as an opportunity to buy cheap because its true that the market

wont really be staying up on dumping state forever.There would always be a recovery and this is where some people do make profits because they do take risk on buying where everyone is really in doubts or fear.

If you do know on how to spot out opportunities then you would most likely be buying out that time where you do presume its actually the bottom.

[Ararbermas]

Everyone is happy when bitcoin showing an improvement in the market especially those who have been stuck up after the massive decline and they preferred to hold. In fact who will not become glad seeing Bitcoin growing well?  but yes of course at the same time very skeptical because of some doubts about manipulation from whales. But for me if you already know how such scenario always happen probably it's up to us how to avoid it what i mean no need to worry about it.

[Zilon]

We aren't certain if it's really a bullish run for now it's wiser for traders to trade with caution it could be a trap. For me I would withdraw at this point wait for another good entry point then buy and hodl again. I have to get enough confirmation before I can buy at this price it's really tempting and full of suspicion because the price has moved just too quick in just a few days

[lablab03]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

bitcoin really gives alot of people a free time just to think twice before they can put money on it to which is to don't miss the opportunity to make profits .. Imagine from the 30k after the declined and it goes up to 32k for how many times and can't even exceed because it always fluctuate back to the support.. But alot of people still have doubts about the performance and can't see the real potential of bitcoin , and now they're shocked because suddenly it's now at 40k, for sure they are getting scared right now to enter coz of thoughts that they're already late which is true IMO..

[rhodelmabanal]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

Well from the start of this year 2021 the bitcoins show a massive rise and start with a very good price this year and in the middle of the year Bitcoin is dropping but not to bad only a small drop. And now it is slowly rising and maybe it will reach 80k$ in the next few months. So it is normal for us feel good specially when we have an altcoin holdings, because altcoin will always follows the bitcoin trend and of bitcoin start to rise it is the sign that our altcoin investment will also rise.

[DOH!]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

That is the feeling of those who love and believe in bitcoin.  I eat even better when bitcoin goes up, that feeling is still very special.  Yes, Bitcoin is back, joy and excitement is spreading throughout the market but there is little doubt, bitcoin has been flat for the past 30 hours.  I expect this is where a new pump emerges to break the deadlock in the $40k region that has been placed on this bear's sentiment.

[GeorgeJohn]

You know that different people have different perspective in bitcoin regulations, cryptocurrency depreciation via it's values does not mean it's can't rise again, but we all know that it involves lost of finance, in actual sense traders don't like the situation whereby market price dropped, but a perfect trader always monitor the chart of market, the candle stick movement to enable them to understand if profit will occur or they will get lost before adventuring in a trade.

[Fesatmas]

Some month ago so many people would think Bitcoin will crash , many felt as if  the price will even fall more than it use to be. People were even scared to trade  because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

Well from the start of this year 2021 the bitcoins show a massive rise and start with a very good price this year and in the middle of the year Bitcoin is dropping but not to bad only a small drop. And now it is slowly rising and maybe it will reach 80k$ in the next few months. So it is normal for us feel good specially when we have an altcoin holdings, because altcoin will always follows the bitcoin trend and of bitcoin start to rise it is the sign that our altcoin investment will also rise.

If you really pay attention, then every year nothing really deserves to fall for the price of Bitcoin. Because actually we are too apathetic so it is very difficult to realize it. What made him even more aware at the beginning of the year was when investors, whales, and also all the institutions that held large amounts of Bitcoin began to surface.

[awik p]

Price fluctuations are a natural thing in the market, when the price experiences a bullrun, then it will then reach a saturation point, where there will be a price correction. if we use the Fibbonacci retracement, we can see certain points where it is possible for a price reversal to occur and continue the major trend. many traders give the name golden area, which is between 38.2 - 61.8 points. and at the last drop in bitcoin price was in the area of 50 - 61.8, therefore psychologically traders, traders took the opportunity to buy

[kapalmabur]

We aren't certain if it's really a bullish run for now it's wiser for traders to trade with caution it could be a trap. For me I would withdraw at this point wait for another good entry point then buy and hodl again. I have to get enough confirmation before I can buy at this price it's really tempting and full of suspicion because the price has moved just too quick in just a few days

I think that's good advice and indeed we need to be patient to see if this is bullish or not,
of course what we do is to prevent losing money in the future,
it's better for now the most important thing is to keep abreast of existing developments and continue to collect information

[Sanugarid]

That's the natural/normal response when the market is doing really fine. I mean you got to have some sort of problem in your head about how you're acting the opposite way when the prices are going up steadily. Unless you have a good reason like being left behind because you didn't bought at a low price and the price started rising, that's alright because regret makes you learn things that you could've done differently.