livingfree
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March 10, 2022, 08:19:31 PM |
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The market is always unpredictable, when the bitcoin price almost reached $70k in november 2021 then i bought a lot of bitcoin because i was sure december would skyrocket to $100k, unfortunately the market was red and dropped almost 50%, the main trigger of course was too much FUD so make many investors immediately sell.
That's just wrong. It's always the mistake of people who think that it will go up when it's not. Well, you're right that it's unpredictable and even me, I would buy it if I feel that it will be going up. But because of my past mistakes, I've learned not to buy during the top. I'll wait until it becomes relax and that will be the time that I'll start to buy. What about the FUD? FUDs are a legit thing that occurs whenever there's an event like that, example when there's a price increase or price decline, there are always people that will ruin the situation and make it worst for others as they are insecure or they just want to take the opportunity to buy when others dump because they are affected. Buying on top cant also be wrong because it also works to some that are good enough at analyzing the market and some people are just lucky that prices rise more. It's still safer though if we can just buy on the dip and relax a little bit because, in the long run, we are for sure gonna profit. Lets just the trust the process That's part of bitcoin being unpredictable. When the market's up and you're not expecting something bad to occur. There goes the FUD that will be scattered through media just to move the market and shake the weak hands. And as well as the small holders. Buying the dip is what we usually do but others can't determine if it's the actual dip or not.
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Dave1
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March 18, 2022, 06:04:50 AM |
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The interesting thing is to always follow bitcoin price movements, when there are too many FUDs it will make investors panic, even those who spread FUDs are sometimes people who have large followers on social media, if we have known bitcoin for at least 1 year we should be able to choose and maintain bitcoin so they don't sell cheaply.
Again, FUD is part of the market, it won't be crypto if there is no FUD, so take that into consideration already. And the market seems to be maturing already, gone are the days wherein the FUD tends to sway the price negatively. Bitcoin is a cycle, the bear and bull, last year was a great year for us because the price goes on a new all time high, but it was also the signal that maybe next year, that is this year, that we might see a bearish trend which is what we are witnessing as the price is just on the $40k.
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Pamadar
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Merit: 1028
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March 18, 2022, 05:56:21 PM |
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The interesting thing is to always follow bitcoin price movements, when there are too many FUDs it will make investors panic, even those who spread FUDs are sometimes people who have large followers on social media, if we have known bitcoin for at least 1 year we should be able to choose and maintain bitcoin so they don't sell cheaply.
Again, FUD is part of the market, it won't be crypto if there is no FUD, so take that into consideration already. And the market seems to be maturing already, gone are the days wherein the FUD tends to sway the price negatively. Bitcoin is a cycle, the bear and bull, last year was a great year for us because the price goes on a new all time high, but it was also the signal that maybe next year, that is this year, that we might see a bearish trend which is what we are witnessing as the price is just on the $40k. Gone are the days where Bitcoin are being influenced by fud, There are more institutional investors who are working inside the market now, giving a tough decision making to those who wanted to manipulate the market. People/investors who are willing to buy and hold knowing that the cycle will give them a good return once the market start to pump back and rally high.
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Jating
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March 20, 2022, 06:20:06 PM |
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The interesting thing is to always follow bitcoin price movements, when there are too many FUDs it will make investors panic, even those who spread FUDs are sometimes people who have large followers on social media, if we have known bitcoin for at least 1 year we should be able to choose and maintain bitcoin so they don't sell cheaply.
Again, FUD is part of the market, it won't be crypto if there is no FUD, so take that into consideration already. And the market seems to be maturing already, gone are the days wherein the FUD tends to sway the price negatively. Bitcoin is a cycle, the bear and bull, last year was a great year for us because the price goes on a new all time high, but it was also the signal that maybe next year, that is this year, that we might see a bearish trend which is what we are witnessing as the price is just on the $40k. Gone are the days where Bitcoin are being influenced by fud, There are more institutional investors who are working inside the market now, giving a tough decision making to those who wanted to manipulate the market. People/investors who are willing to buy and hold knowing that the cycle will give them a good return once the market start to pump back and rally high. As others have said, the more the merrier and this is what is going on with the market right now. With so many players it's hard to manipulate as each individuals are not willing to collude which each other to influence the price. Nevertheless, it's a survival, only those who are wise, when to invest, when to get out and take the profits will win. And then we have those whales and long term holders who are willing to wait obviously and be a HODLer.
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goldkingcoiner
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Verified Bitcoin Hodler
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March 20, 2022, 06:38:41 PM |
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The interesting thing is to always follow bitcoin price movements, when there are too many FUDs it will make investors panic, even those who spread FUDs are sometimes people who have large followers on social media, if we have known bitcoin for at least 1 year we should be able to choose and maintain bitcoin so they don't sell cheaply.
Again, FUD is part of the market, it won't be crypto if there is no FUD, so take that into consideration already. And the market seems to be maturing already, gone are the days wherein the FUD tends to sway the price negatively. Bitcoin is a cycle, the bear and bull, last year was a great year for us because the price goes on a new all time high, but it was also the signal that maybe next year, that is this year, that we might see a bearish trend which is what we are witnessing as the price is just on the $40k. Gone are the days where Bitcoin are being influenced by fud, Not really. More like long gone are the days when Bitcoin was almost entirely influenced by FUD. That level of speculation combined with a low market cap is what made the gigantic price swings. Nowadays we have a very large market cap so FUD does not really affect the Bitcoin prices as much as it once did but FUD will always be part of the equation. No doubt about that. But the FUD nowadays is just a good signal to buy some cheap coin while you can.
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24Kt
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March 20, 2022, 10:08:58 PM |
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The interesting thing is to always follow bitcoin price movements, when there are too many FUDs it will make investors panic, even those who spread FUDs are sometimes people who have large followers on social media, if we have known bitcoin for at least 1 year we should be able to choose and maintain bitcoin so they don't sell cheaply.
Again, FUD is part of the market, it won't be crypto if there is no FUD, so take that into consideration already. And the market seems to be maturing already, gone are the days wherein the FUD tends to sway the price negatively. Bitcoin is a cycle, the bear and bull, last year was a great year for us because the price goes on a new all time high, but it was also the signal that maybe next year, that is this year, that we might see a bearish trend which is what we are witnessing as the price is just on the $40k. Gone are the days where Bitcoin are being influenced by fud, Not really. More like long gone are the days when Bitcoin was almost entirely influenced by FUD. That level of speculation combined with a low market cap is what made the gigantic price swings. Nowadays we have a very large market cap so FUD does not really affect the Bitcoin prices as much as it once did but FUD will always be part of the equation. No doubt about that. But the FUD nowadays is just a good signal to buy some cheap coin while you can. You need to be smart now because the adoption is different from couple of years ago. Big names, big institutions or even a country is already in this market. So yes, I can say FUD is still there but we have more tangible factors now that are in play in this market. The foundation is getting stronger as bitcoin or crypto in general establishes its position during this pandemic as well as this war situation. If more and more people will educate themselves, this fud will be minimized very soon.
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peter0425
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March 21, 2022, 05:20:37 AM |
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We can see that there is a bearish channel pattern in bitcoin and this is Bitcoin's current position, which is already in a bearish phase. Before there is a breakout of the resistance, the current Bearish will continue to occur. If you want to invest or trade, it's better to be careful because the potential price towards the $40k level is still possible. Obvious reason is Correction , there are many investors/traders that bought when the price of bitcoin climbing high as the skyrocket happened last year and this made many people interested in putting some money in hope of getting their funds earning at least half of it, and this happens when November made another ATH so many had sold their coin and continues to happen till december. with all of those the price value drops bad until now this end of 1st quarter in the following year.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Pamadar
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March 21, 2022, 07:59:10 AM |
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You need to be smart now because the adoption is different from couple of years ago. Big names, big institutions or even a country is already in this market. So yes, I can say FUD is still there but we have more tangible factors now that are in play in this market. The foundation is getting stronger as bitcoin or crypto in general establishes its position during this pandemic as well as this war situation. If more and more people will educate themselves, this fud will be minimized very soon.
Fud is being used to lure those lazy investors, people who didn't take time to educate themselves about how the market works, with fud that circulating around, those weak holders are the first line of victims, while experienced and wise traders are the benefactors. Those who deal properly with their homework, studying and researching the right way, are people who will manage to earn decently.
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bots1 (OP)
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Next Generation Web3 Casino
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April 04, 2022, 04:31:03 PM |
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We can see that there is a bearish channel pattern in bitcoin and this is Bitcoin's current position, which is already in a bearish phase. Before there is a breakout of the resistance, the current Bearish will continue to occur. If you want to invest or trade, it's better to be careful because the potential price towards the $40k level is still possible. Like the analysis, its spot on but then again this is based on a 4 hour chart which could mean this anticipated moved is for the short run. Looking at the daily, weekly and monthly trying to get higher time frame bias in trying to get the charts to agree they are sending a different signal for the long term hence trade cautiously and going back to $40k again this will be depressing for many and personally I would not want price to come this low!!! Of course we do not expect the price of bitcoin to return to its lowest price. However, it is possible that the price of Bitcoin will fall again from the current price and the possibility that the price of bitcoin will drop to the next level around $40,000, $39,000, and $38,000. However, the market may experience a lot of short-term based trading and a lot of volatility and the Relative Strength Index technical indicator is poised to cross into oversold territory.
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jaberwock
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April 05, 2022, 09:08:06 AM |
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Of course we do not expect the price of bitcoin to return to its lowest price. However, it is possible that the price of Bitcoin will fall again from the current price and the possibility that the price of bitcoin will drop to the next level around $40,000, $39,000, and $38,000. However, the market may experience a lot of short-term based trading and a lot of volatility and the Relative Strength Index technical indicator is poised to cross into oversold territory.
There is a big difference between reaching 30k levels and reaching 40k levels. I mean we were 38k to 42k just a few weeks ago, we recently broke above 45k and have been doing fine and I respect that. However, we need to realize that it is not really that shocking for any of us that the price could go down to 38k yet it would be a bit shocking if it reaches 30k. Even a war couldn't bring it that down, even the fear of Europe banning mining didn't bring it down. Basically all the bad possible things happened and bitcoin didn't budge or move, if it happens right now then we would all know that it would be manipulation. If it didn't go down during bad periods, why would it go down out of nowhere, it is nothing but manipulation.
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