chr1stian12
Jr. Member
Offline
Activity: 71
Merit: 2
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November 18, 2022, 10:25:47 AM |
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We really don't know yet right now when the price will go either go upside or down . Watch some breakouts from the time frame that you are using to and that's the time you put your position. Yes good news take effects but the market should be the one to follow. Happy trading!
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palle11
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November 18, 2022, 10:52:26 PM |
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What is the good news you just heard, if I haven't missed any news then in the past 1 week since FTX crashed, no good news has been released. all market news is focused on FTX and its demise and all is negative news.
We are still in a bear market so no matter how good the news is, be careful and don't expect too much. Sometimes the news that comes out is just legitimizing the price, not necessarily the news that will make an impact on the market. Don't trade on news alone, combine it with technical analysis.
On the contrary technical analysis will be difficult to combine with news but it can only help to give you the spate that bear can go because we still at the bear market. FTX crash is likely to continue the bear beyond the time it was suppose to last. We are approaching the end of the season and the market can go either way because of the rush. Technical analysis don't usually work during rush season.
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Mahanton
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November 18, 2022, 10:59:11 PM |
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What is the good news you just heard, if I haven't missed any news then in the past 1 week since FTX crashed, no good news has been released. all market news is focused on FTX and its demise and all is negative news.
We are still in a bear market so no matter how good the news is, be careful and don't expect too much. Sometimes the news that comes out is just legitimizing the price, not necessarily the news that will make an impact on the market. Don't trade on news alone, combine it with technical analysis.
On the contrary technical analysis will be difficult to combine with news but it can only help to give you the spate that bear can go because we still at the bear market. FTX crash is likely to continue the bear beyond the time it was suppose to last. We are approaching the end of the season and the market can go either way because of the rush. Technical analysis don't usually work during rush season. As possible then it would be that good if you do apply both technical and fundamental analysis.Things becomes hard is on when that both things could really make out different signals or hints whether they are on bearish or bullish sentiment which it would really be opposing and that what makes your mind boggle on where prices could actually go basing up on two different analysis. News could really make out that mixed up or going against on what you had done on technical indicators.Positive news doesnt always mean that it would really make out positive movement in market price.This is what you should bare up in mind.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Oceat
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November 18, 2022, 11:29:26 PM |
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I don’t see any good news at present. If we don’t hear good news about crypto, we should wait and keep patience. I don’t see the crypto which isn’t moving this month. Late December or 2023 will be good for us.
Maybe he's talking about the altcoins market but most of those news are just to hype the market but nothing essential in those messages. In Bitcoin market it's rather different since most news are about FUD that would cause a panic and it keeps coming so the price will keep on declining. It's hard to make an assumption or prediction these days since we never know what will happen next or in the future. The best that we can do is just to wait and see and maybe we gotta see some pump that would move beyond $20k.
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3996
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worle1bm
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November 19, 2022, 06:28:18 AM |
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See if you are saying about little investment into the market or El Salvador putting one bitcoin daily then frankly saying we don't have any good news in the market at all but we are in red circle at this time if you are actually looking at the charts and people have lost million of dollars with the current crash and you are saying we have good news and that also so many? So do you care to validate your statement
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Cryptmuster
Legendary
Offline
Activity: 2114
Merit: 1361
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November 19, 2022, 07:35:40 AM |
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In fact, if there is good news somewhere, there is very little of it, because lately we only see how big projects go bankrupt. This happens gradually, and thus the market does not have time to recover, as again we are presented with new bad news. The market will not be able to start growing as long as this continues and perhaps all this happens for some reason, there are reasons for everything, someone benefits from it.
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Ziskinberg
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November 19, 2022, 07:54:21 AM |
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In fact, if there is good news somewhere, there is very little of it, because lately we only see how big projects go bankrupt. This happens gradually, and thus the market does not have time to recover, as again we are presented with new bad news. The market will not be able to start growing as long as this continues and perhaps all this happens for some reason, there are reasons for everything, someone benefits from it.
But what I see is more on bad news which affecting more on the dump more. It looks like the good news that OP has read/seen is likely people are just ignoring it for it is possible that it never give a huge impact on the market and any interest. But, we also have to consider in the situation which we are in the bear season and no matter how many good news we see seems it never influences the price trend but it keeps panicking sellers weighing more on the negative side and continue selling.
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AicecreaME
Sr. Member
Offline
Activity: 2450
Merit: 455
OrangeFren.com
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November 19, 2022, 08:01:57 AM |
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Bearish market ain't over yet, that's why the whole market are flooded with red candles. Hurrying won't do anything good, you're just gonna give a lot of stress to yourself. Bull market will come, that's for sure, it's all about perseverance and a lot of patient on waiting, if you got bored and did panic sell, you lose, simple as that. If you're a hodler and does have plenty of funds, this is a good opportunity of buying dips to be profitable in long term.
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Mauser
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November 19, 2022, 08:26:38 AM |
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quote author=Fullbear2222 link=topic=5421581.msg61303608#msg61303608 date=1668636353] Why coins not going up ? If good news coming then price should follow instantly. When there is good news i go Long position been waiting all day long and nothing. [/quote]
What good news are you referring to, did I miss something this week? After the FTX bankruptcy I don't think we have a lot of good news happening. Buying right now is not a bad idea, the prices are very low right now for Bitcoins and most alt coins. The problem is that we don't know when prices are going to rise again. In my opinion it's not the right time to expect big price increases. It sounds a bit like you expect to prices rise to 25k USD again based on one or two good news? There is a lot of anxiety in the market right now and investors are cautious to see what is going to happen. Hopefully you didn't use leverage for your positions so you don't get knocked out too early. With the high volatility in the market right now we need to be more defensive and not expect a new trend in a single day. The year is almost over, christmas is around the corner and investors don't to finish the year in the deep red, better to be a bit defensive right now.
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Ayers
Legendary
Offline
Activity: 2800
Merit: 1024
Vave.com - Crypto Casino
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November 19, 2022, 12:39:31 PM |
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What is the good news you just heard, if I haven't missed any news then in the past 1 week since FTX crashed, no good news has been released. all market news is focused on FTX and its demise and all is negative news.
We are still in a bear market so no matter how good the news is, be careful and don't expect too much. Sometimes the news that comes out is just legitimizing the price, not necessarily the news that will make an impact on the market. Don't trade on news alone, combine it with technical analysis.
On the contrary technical analysis will be difficult to combine with news but it can only help to give you the spate that bear can go because we still at the bear market. FTX crash is likely to continue the bear beyond the time it was suppose to last. We are approaching the end of the season and the market can go either way because of the rush. Technical analysis don't usually work during rush season. We need to combine a lot of factors to come to a final conclusion, everything helps us to make predictions, there is no guarantee that when you do technical analysis, everything will turn out exactly as you see it and news too, not always good news helps the market move well. That's why we always say that the market is unpredictable. I have a few friends who say that this market does not follow the law of supply and demand, it is being manipulated, so analysis is useless. If you want to make money, swim with the sharks, sometimes I find them right.
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Issa56
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November 19, 2022, 05:46:57 PM |
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See if you are saying about little investment into the market or El Salvador putting one bitcoin daily then frankly saying we don't have any good news in the market at all but we are in red circle at this time if you are actually looking at the charts and people have lost million of dollars with the current crash and you are saying we have good news and that also so many? So do you care to validate your statement
El Salvador buying one bitcoin daily is also a good news but I don't think that kind of news can move the market, it's also a good news but it's not strong enough to pump bitcoin price. Bitcoin might be down for now but when it's time for bitcoin to start moving upward it will definitely do, I believe their will soon be some news that will be able to pump back bitcoin but for now let's enjoy the bear market, let's use the bear market opportunity to accumulate more bitcoin and let's hope everything is going to bounce back very soon.
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Uzairjutt275
Member
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Activity: 210
Merit: 22
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November 19, 2022, 06:10:10 PM |
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Why coins not going up ? If good news coming then price should follow instantly. When there is good news i go Long position been waiting all day long and nothing.
Also the traders who post their ideas non of the signals don't move whats going on ? It's imposdible to make any money in this Market Somebody need to put money in it's fruturating like this.
At this time there is no any goods news for all because recently FTX coin crashed it's price go down and also FTX exchange crashed. There is no good news but waiting for good news in future. When market will turn into green and price of altcoins will go up. Waiting for this moment.
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The Cryptovator
Legendary
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Activity: 2394
Merit: 2223
Signature space for rent
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November 19, 2022, 07:03:09 PM |
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To be honest, I don't see why Bitcoin should start pumping right now, when there is so much bad news. I'm just curious where the OP got the good news. It would be more specific with the reference. So we can acknowledge how positive the news is. We saw a couple of bad news stories in a short period of time, such as the Luna and FTX drama. So the market is still suffering as a result of these two components of bad news. And I rarely see good news, but when I do, it is too weak to see the market recover.
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Signature Space for Rent
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stomachgrowls
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November 19, 2022, 07:19:36 PM |
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To be honest, I don't see why Bitcoin should start pumping right now, when there is so much bad news. I'm just curious where the OP got the good news. It would be more specific with the reference. So we can acknowledge how positive the news is. We saw a couple of bad news stories in a short period of time, such as the Luna and FTX drama. So the market is still suffering as a result of these two components of bad news. And I rarely see good news, but when I do, it is too weak to see the market recover.
Even having bad news doesnt mean that it would dump.It could or can decrease without any news around and that what makes it unpredictable.Its true that it is really hard to presume out that we would be having a bull run,considering that we are wrapped with very negative incidents and issues that we are currently facing.So i dont see an enough reason for some catalyst on making the market increase out. @OP, where and what are the good news that you had able to read upon? Seems like i had just missed out on reading those or i wasnt really that updated nor aware about on those things itself.
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KingsDen
Legendary
Online
Activity: 1274
Merit: 1081
Goodnight, o_e_l_e_o 🌹
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November 19, 2022, 07:53:11 PM |
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Re: So many good news but Market and coins don't go up
In our daily lives and in our neighborhood we understand that bad news flies more than good news. Someone might give birth and no one will be aware in the neighborhood but immediately a neighbour dies the information will go around and people will murn. That is how it works in nature even here in the cryptocurrency industry. Whenever there is a bad news in the industry it will affect the market drastically but for a good news to overturn the market, the weight of the news need to be very heavy. I doubt that such a news that will overpowere FTX bankruptcy will suffice this time around. Our hope is just the 2024 halving
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Falconer
Legendary
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Activity: 2660
Merit: 1141
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November 19, 2022, 08:03:11 PM |
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In our daily lives and in our neighborhood we understand that bad news flies more than good news. Someone might give birth and no one will be aware in the neighborhood but immediately a neighbour dies the information will go around and people will murn. That is how it works in nature even here in the cryptocurrency industry. Whenever there is a bad news in the industry it will affect the market drastically but for a good news to overturn the market, the weight of the news need to be very heavy. I doubt that such a news that will overpowere FTX bankruptcy will suffice this time around. Our hope is just the 2024 halving I didn't expect FTX to have such a severe impact on the crypto industry that it would cause the bitcoin price to maintain a bearish trend. The industry is only getting better with more adoption, but it's clear the ride isn't going to be as smooth as one might hope. If FTX doesn't fail, then there's always a chance that other news will impact the market. But if you are really positive about crypto, then this has to be the best moment to enter the market. After all, halvings may not be the only savior for the market, but there are always many other things that will be able to move investors or traders into the market.
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Anguwa
Member
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Activity: 742
Merit: 30
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November 20, 2022, 10:16:30 AM |
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Why coins not going up ? If good news coming then price should follow instantly. When there is good news i go Long position been waiting all day long and nothing.
Also the traders who post their ideas non of the signals don't move whats going on ? It's imposdible to make any money in this Market Somebody need to put money in it's fruturating like this.
That is not the case in Bitcoin market, when we get good news, it has to cover up for the effects the bad news has already did to the market before it has its own effect that can pump the coin again. But if you look how the bear market is now, you will notice that once there is a good news and it has started having effect then another bad news will just come again, this is the reason why the bear market is still here.
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cozytrade
Sr. Member
Offline
Activity: 1162
Merit: 310
Vave.com - Crypto Casino
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November 20, 2022, 10:36:51 AM |
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Why coins not going up ? If good news coming then price should follow instantly. When there is good news i go Long position been waiting all day long and nothing.
Also the traders who post their ideas non of the signals don't move whats going on ? It's imposdible to make any money in this Market Somebody need to put money in it's fruturating like this.
Where you saw so much good news! All I see is some fud and uncertainty going on the market. People do not know whom to trust. Genesis is looking for a 1B loan by Monday but it seems no one is interested. Do you think a tweet about buying 1 bitcoin every day from some Twitter celebrity will pump the market? Now regulators could bring more bad news into the market. I saw no reason for the market to pump right now though we are very close to the bottom.
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Yamifoud
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November 20, 2022, 11:53:48 AM |
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Might have but never I notice it because what is see is more on Binance and FTX drama OP. Or might I've missed them but sadly, the good news that you have seen aren't good enough to gain attention in the community as they are more interesting on the negative side.
You might wonder why we are still in the bear market, yet we can't simply change the course of the trend until Bitcoin does the rally first. The bull season will come soon...don't worry about it as you could still earn profit as long as you will wait.
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cheezcarls
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November 20, 2022, 01:18:26 PM |
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Why coins not going up ? If good news coming then price should follow instantly. When there is good news i go Long position been waiting all day long and nothing.
Also the traders who post their ideas non of the signals don't move whats going on ? It's imposdible to make any money in this Market Somebody need to put money in it's fruturating like this.
No doubt that you are a complete newbie in this space. Are you expecting that if there is always a good news popping up you mean that it will be a bull run for Bitcoin and other cryptocurrencies? That’s not always the case, especially the fact that we are still affected by the FTX downturn. You’ve got to accept the fact that in the world of crypto, there are no promises or guarantees when it comes to the price movement even if it’s a lot of good news.
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