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Author Topic: Roller coasters!!!  (Read 1236 times)
rahmad2nd
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July 14, 2022, 07:09:53 AM
 #41

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

what's happening now IMO the impact of global economic conditions has resulted in the collapse of the crypto market, so if the whales have control over the current downturn it's very small they don't have enough power to manipulate it all the time. The collapse of global markets and the global economic situation prompted many people to stop their activities in any investment and choose cash options. The downturn in the crypto market will continue even deeper especially if more bad news comes out.

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July 14, 2022, 08:48:42 AM
 #42

We don't know. It could be retail buyers who are selling and the panic starts getting in the skin of every investors and sold their assets.
This is not new as we have seen it before when the price of Bitcoin dropped at $3k back 2019.
It's actually not that bad of a bear right now just dropped 60-70% after ATH while before it was almost 90%.
If we can stay at this price and become the new bottom then even altcoins are in good position already, that's if you bought before the big pump happened last year.
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July 14, 2022, 08:59:27 AM
 #43

Would be interesting to see what kind of roller coasters there will be, when there are not bitcoin sellers left and there are only holders that waits for price to get back to $67k. What will happen then? Whales will trade with each other? Or trades graphs will be like a straight line, when bots do sell 1 BTC/ buy 1 BTC.

I've been observing this roller coaster for a long time. Down on the start of the week, up on Fridays. If this continues, I think I am gonna start thinking about risking some amount and do weekly trading.

 
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July 14, 2022, 09:29:46 AM
 #44


I've been observing this roller coaster for a long time. Down on the start of the week, up on Fridays. If this continues, I think I am gonna start thinking about risking some amount and do weekly trading.
A good market observation could lead to something creating good TA as well.
I also observe that kind of market changes, in fact, I'll take that opportunity and this volatile nature of the market is the only way we could still make a profit despite the bear market condition. Earning isn't impossible, we only need to act wisely and do a smart decision upon doing TA.

Buy, hold, and sell/trade...it is a repetitive action following the market movement.
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July 14, 2022, 09:51:31 AM
 #45

The market will always be like that and will not stand still because many traders are buying and selling, making the price change. And it looks like the market will continue to experience ups and downs like a rollercoaster and we must be observant to be able to enter the market on time so that we can do something well. Now we are at the weekend and the market will likely move again but unfortunately, we do not know where it will move.

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July 14, 2022, 12:48:59 PM
 #46

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The whales may have something to do with it, but the main reason why we have this roller coaster situation is the news that's happening around us, one of the reasons why investors lose their confidence in the market is the many scams and what happened to LUNA, investors are losing money and there are many FUDS going on right now in fact the Bitcoin crash keyword is the trending topic in the internet.
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July 14, 2022, 01:01:09 PM
 #47

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The whales may have something to do with it, but the main reason why we have this roller coaster situation is the news that's happening around us, one of the reasons why investors lose their confidence in the market is the many scams and what happened to LUNA, investors are losing money and there are many FUDS going on right now in fact the Bitcoin crash keyword is the trending topic in the internet.

Not just the whales though, probably it's with the retail investors or combination of both. The market is really on a roller coaster starting this year and it's really hard to understand where the price is going to be, at least at the end of the year because of so many things that may have affected the price. Like the Luna, and then we have hacks around dampening the faith of crypto investors. And still the war in the background. So many things that can contribute to the bitcoin crash that we are experiencing.

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July 14, 2022, 06:02:24 PM
 #48

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The whales may have something to do with it, but the main reason why we have this roller coaster situation is the news that's happening around us, one of the reasons why investors lose their confidence in the market is the many scams and what happened to LUNA, investors are losing money and there are many FUDS going on right now in fact the Bitcoin crash keyword is the trending topic in the internet.

The news trend as well as the events around the globe including wars and inflation really have a huge effect on the world of crypto and whales can't control the market though they can make a difference in its movement. FUD and coins feedbacks can literally make investors decide whether to invest more or to pull out. Everything relies on what's happening in the environment and what's on trend. Lots of aspects are now affecting the prices so we should expect more in the coming days.
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July 14, 2022, 07:12:55 PM
 #49

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
The whalers do affect the market most but the regular traders also take a part in the roller coaster event even with just smaller amount of money. It might not get affected that big compared to whalers but sure the amount of volume you invest is included in total volume of trade so indirectly you are taken a part into it. It's really nice to get profit from this event tho  Grin Grin

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July 14, 2022, 07:44:11 PM
 #50

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The market really is quite volatile and unstable in the last couple of weeks and months. I doubt though that there are single whales responsible for this. I think that Bitcoin and Ethereum for example have become so big in the last few years that it is almost impossible for a whale or for a handful of whales to manipulate the price of this projects. What really brought the market down to todays level was the collapse of Terra Luna two months ago in my opinion because it was totally unexpected for most people that a top 10 project in terms of marketcap could collapse so fast and easily and since then the crypto space is full of fear and uncertainty.

It's part of the market, after hitting our ATH in late 2021, we entered a bear market. The market become more chaotic after the sudden collapse of Luna and then a series of lending platforms and the collapse of large investment funds like 3AC, most recently Celsius, after paying off all its debt to investors also filed for bankruptcy yesterday. It must be said that the market is in a period of extreme fear.

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July 14, 2022, 07:57:33 PM
 #51

Would be interesting to see what kind of roller coasters there will be, when there are not bitcoin sellers left and there are only holders that waits for price to get back to $67k. What will happen then? Whales will trade with each other? Or trades graphs will be like a straight line, when bots do sell 1 BTC/ buy 1 BTC.

When only the most convinced investors remain and there is no more selling pressure, growth will begin, and retail investors will follow, buying up the asset at any price. The market will never be without speculators, especially in the extremely volatile market that cryptocurrency creates. Retail investors just need a reason and a direction set by someone, and they will create demand immediately.

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July 14, 2022, 10:52:46 PM
 #52

Whales have no control over it during the bearish market. It's not the whale but the global economic has been pushing people to dump their tokens and exchange it to the cash or fiat money to keep their value from the volatility. You must also aware if there are some crypto companies that already collapse and even venture capital like 3ac was also going bankrupt as well. That proves that if the world is not yet fine for now. The roller coaster may still continue if another bad news will come very soon. prepare yourself.

Whales can manipulate the market but it has nothing to do with the roller coaster events in the crypto market. These are things that are called inevitable since they serve as the outcomes to the positive and negative events not only in the market alone but the whole globally economical. But as the crypto market is full of uncertainties, if today we are witnessing the dump and bloody market, then next to it is a bullish market that is all green and pumping. And bitcoin and ethereum prices will always be seen dominate the market.

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July 14, 2022, 11:28:57 PM
 #53

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?
The whalers do affect the market most but the regular traders also take a part in the roller coaster event even with just smaller amount of money. It might not get affected that big compared to whalers but sure the amount of volume you invest is included in total volume of trade so indirectly you are taken a part into it. It's really nice to get profit from this event tho  Grin Grin

It's true that all of us in the crypto world are part of a very volatile price movement like this roller coaster. So whales do have a big enough influence
on the market, but we also have an important part in the occurrence of volatile price movements. Moreover, the number of small investors who panic
and sell their coins at low prices is quite a lot, which is why the bear market is still not over. So if we want a bull market to come soon, we all have
to stop selling our coins at low prices. What should be done should be to buy more coins that are potential for long-term investment, we just start
from ourselves to accumulate potential coins in a bear market situation like now. The conclusion is that only people who are patient and able to hold
until the bull market comes can generate big profits.

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July 14, 2022, 11:33:44 PM
 #54

snip~

Whales can manipulate the market but it has nothing to do with the roller coaster events in the crypto market. These are things that are called inevitable since they serve as the outcomes to the positive and negative events not only in the market alone but the whole globally economical. But as the crypto market is full of uncertainties, if today we are witnessing the dump and bloody market, then next to it is a bullish market that is all green and pumping. And bitcoin and ethereum prices will always be seen dominate the market.
Ever since the market trend has always been on a roller coaster and this is because we have this volatility. We certainly experiencing such market flow as the demand and supply constantly changing despite the whale's participation, and as to know that they are not the ones who control the market, even these small market players could still affect the market trend. As I understand this situation, I'd found no reason why I have to think negatively as I believe that it recover back again.
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July 15, 2022, 02:46:12 AM
 #55

That's what the crypto market is like, its fluctuations can be likened to a roller coaster that sometimes suddenly goes up high, then drops drastically. For bitcoin and etherum, of course, everyone already knows because the two of them are the biggest cryptocurrencies and are the top search in all markets, I will take the example of the altcoin that I hold from last year, namely nominex. Last year nominex had a price of 6 usdt per 1 nominex coin, now it has dropped drastically to 0.74 usdt, even though when it was first launched to the market at a hefty price, I thought it would reach 10 usdt per coin.

but these are some of the risks of playing in the crypto world, we must get used to it.

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July 15, 2022, 02:47:32 AM
 #56

Would be interesting to see what kind of roller coasters there will be, when there are not bitcoin sellers left and there are only holders that waits for price to get back to $67k. What will happen then? Whales will trade with each other? Or trades graphs will be like a straight line, when bots do sell 1 BTC/ buy 1 BTC.

I've been observing this roller coaster for a long time. Down on the start of the week, up on Fridays. If this continues, I think I am gonna start thinking about risking some amount and do weekly trading.

The roller coaster ride will never stop, there will always be speculators in the market, and there will always be buying and selling going on. Once the roller coaster stops moving means that the whales in the market will not be able to make a profit so they will come up with all sorts of ways to make thousands of waves in the market. We just need to observe and capture the movement of the roller coaster then we can trade and can make a profit.

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July 18, 2022, 03:27:16 PM
 #57

The roller coaster ride will never stop, there will always be speculators in the market, and there will always be buying and selling going on.
Also the term should be used carefully, the market was stagnant between two levels for the past few weeks and defenitely the opposite of a roller-coaster, just that today the price has crossed that level and started going upwards. These type of mistakes may be minute from the OP's point of view, but is the revealing of over-expectation from bitcoin's trading prices from many users in the world.

Whatever be the reason behind the older high-low price movements, the pattern is important and how to profit from it. Markets moving a lot means a lot of chances of profit making by buying at the low and selling at the high, but not by drooling or sulking over the price.

 
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July 18, 2022, 05:14:30 PM
 #58

Rollercoasters can be fun but in this case, it’s best to not panic & just continue to steadily DCA with what you can regularly afford. Bear markets are the times that you lay the roots to make life changing money.

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July 18, 2022, 07:44:05 PM
 #59

Whales have no control over it during the bearish market. It's not the whale but the global economic has been pushing people to dump their tokens and exchange it to the cash or fiat money to keep their value from the volatility. You must also aware if there are some crypto companies that already collapse and even venture capital like 3ac was also going bankrupt as well. That proves that if the world is not yet fine for now. The roller coaster may still continue if another bad news will come very soon. prepare yourself.

Well, we should have known in the first place that the whole crypto market is like a roller coaster, one time they're up, the next they fall down. And volatility keeps it from doing so. However, there are big whales that come to take advantage when the market is especially bearish, but they have no control when the market turns into deep bearish since its the worldly events that gets to influence the market more. When there are inevitable negative events that are happening in the market, expect that the market will follow a roller coaster moves.

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July 18, 2022, 09:26:48 PM
 #60

Rollercoasters can be fun but in this case, it’s best to not panic & just continue to steadily DCA with what you can regularly afford. Bear markets are the times that you lay the roots to make life changing money.
Some say something like but the opposite can be bad when it's bearish, but it goes regularly and it's better with DCA because many people have done this since the bears came they have bought on average below this low price will be looking forward to a pretty hefty profit if the market is bullish again.
By placing money regularly, of course, more bitcoins will be held.

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