Fullbear2222 (OP)
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November 16, 2022, 10:05:53 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.
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Hypnosis00
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November 16, 2022, 10:45:46 PM |
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What good news you have heard OP which in fact, we have been flooded with many issues like Binance and FTX. They are affecting too much in the market trend, it increasing panic and losses to FTX users and the credibility of Binance.
You will never expect a lot from the current situation OP. Might you have heard the good news but never think this is enough to uplift the market prices? What you gonna do is to keep patient and have faith in your investment. And never get enticed by this fake news.
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SOKO-DEKE
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November 16, 2022, 11:22:02 PM Last edit: December 01, 2022, 05:48:57 AM by SOKO-DEKE |
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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.
I don't think I heard any more good news, but no matter what good news you heard, you should be aware that the market is still in a bear market and that now is not the time for Bitcoin to pump. Everyone knows that if Bitcoin doesn't pump, other coins won't either, so a bullrun will occur between 2024 and 2025, according to analysis. and most recently, one of the factors affecting the price of cryptocurrency is the FTX exchange issue.. Everyone is convince do to that nobody was expecting this kind of market currently, so nobody knows what will be the next price of Bitcoin because of some factors that is affecting Bitcoin partly this issue of exchange. Now crypto is down a lot of projects are dying and everybody is in frustration. So it will be hard to even give signal. The only opportunity that will Favour is to buy and hold for a long period of time.
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harizen
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November 16, 2022, 11:59:10 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.
What is the good news you have read recently? Regardless, it's not that the considered good news for you can just shake the market easily. We have a different approach to any news we encounter. 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. Not all the time, the market will adjust for you. There's no such thing as a trend that should always be favored by you. In fact, it's the best opportunity to buy cheap coins. If you can't handle the stress, you can take a break and do some relaxation in the outside world for the meantime.
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GreatArkansas
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November 17, 2022, 01:00:33 AM |
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(....) 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.
Pure speculation. Always keep in your mind that if you are trading, you can't do 100% every time, that's why there is risk management like using stop-losses just in case your trade will not go accordingly to your plan. Expect that there are lot of upsides and downsides of emotion when you are trading, you must be aware of it so you can control your emotions too and not to be greedy.
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Wexnident
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November 17, 2022, 01:53:09 AM |
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And the good news is...? While I do consider an exchange closing down and people learning and solidifying the idea of "not your keys, not your coins" good news, I'd say it has a pretty negative effect on the market. Additionally, even though I don't fully follow the price but there should be some points in time where you would've been able to profit, albeit really small though. If you were looking for big profits, then a day, heck even a month, or a year wouldn't be enough time, especially since we're still feeling the bearish sentiment.
I suggest taking a break, and maybe switching over to DCA so you don't have to mind the price all the time.
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justdimin
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November 17, 2022, 06:41:52 AM |
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Why coins not going up ? If good news coming then price should follow instantly.
I would say that most investors these days believe that crypto market is easily predictable due to bitcoin market's halving based nature of four year cycle which means whatever happens positively, more than 50% of investors still believe that bearish conditions will last till December of this year or at least till first half of January of next year. When 50% of 'contributing' people are not ready to accept something then we cannot expect usual effect. So in my opinion, all those good news are getting nullified by the believers of 4 year cycle of bitcoin. Overall in my understanding, when there would be more demand for bitcoin then that 4 year cycle might turn to 3 year or shorter cycle; on that occasions those investors who fail to update themselves might get trapped.
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Strongkored
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November 17, 2022, 08:09:36 AM |
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because the good news you mean (though I don't know what it is) didn't really please the market, and the impact of the previous issue caused a lot of damage the market lost confidence and they needed time to recover and trust in cryptos again, because the problem with the exchange, market was so thinking what to do if the exchange place for cryptos activity turns out to be not a place to be trusted.
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LogitechMouse
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November 17, 2022, 08:34:13 AM |
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Good news? Where? Can you share links of good news right now? I can't see any good news right now on the internet because it's been flooded with one of the worst ponzi scheme in the crypto history which is the FTX-Alameda ponzi scheme and Scam Bankman-Fried.
The bad news weighs the good news and bad news = negative sentiments to investor thus, making the price of the whole market go down. I don't see any good news right now. All I'm seeing on the internet is the FTX scam, Alameda scam, the contagion effect caused by Scam Bankman-Fried and no good news at all.
Don't expect good news right now because what happened last week and its effects towards other businesses and firms might take weeks or until the end of the year or possible until next year. Just look at the effect of FTX scam. BlockFi in trouble, Genesis in trouble, more companies that has connection with FTX might be in trouble as well because of what happened. Contagion effect.
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mk4
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November 17, 2022, 08:42:36 AM |
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Point us to the good news. I'll wait.
Also, there are still so much rumours about insolvent platforms; recently it seems to be Genesis Trading's lending arm. We don't know if the contagion effect of FTX/Alameda has finally ended or not.
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mindrust
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November 17, 2022, 08:51:49 AM |
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It is because we are still in a huge bear market. The interest rates are still rising, the inflation is still high, a major crypto exchange went bankrupt… The environment is no good for crypto at the moment and it will stay like that for a while. Don’t expect a recovery before these major issues get resolved. Bitcoin may not go lower than this (it is still a possibility though) but it is not going to get a new ATH neither. In the long run it will be fine. (2-5 years)
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palle11
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November 17, 2022, 09:06:43 AM Last edit: November 18, 2022, 10:33:34 PM by palle11 |
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Op you didn't link us to any particular good news recently at least that can help us read it. The news I know for now within the cryptocurrency market is Elon musk winning the tweeter ownership bid but that isn't related to bitcoin. For now the crash of FTX exchange is what fud the market is going through and this is making fears around that market could drop. So where are you getting the good news from ?
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Yawa2020
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November 17, 2022, 09:31:29 AM |
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Op you didn't link us to any particular good news recently at least that can help us read it. The news I know for now within the cryptocurrency market is Elon musk winning the tweeter ownership bid but that isn't related to bitcoin. For now the crash of FTZ exchange is what fud the market is going through and this is making fears around that market could drop. So where are you getting the good news from ?
Exactly what I am about to ask the OP Perhaps providing us with a link to go through the acclaimed good news too will help to justify or refute his claims. However, numerous news circulating on the internet does not determine the market price but rather serves to inform. For the past few days I have not even come across any good news regarding this market situation.
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Issa56
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November 17, 2022, 10:00:21 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.
I have seen some of your posts recently, probably you are new to crypto space. I don't really know the good news you are talking about because I haven't really seen any good news, and even if their is good news do you think Bitcoin will just jump back to $60k+? I don't think so, Bitcoin is going to take time before it can recover, so we all have to be patient and hold our coin, even if their is good new bitcoin won't just bounce back just like that, it's still going to take time, when bitcoin was dumping, it didn't dump wetin one day or one month, it was dumping gradually so if bitcoin is going to pump, then it will be gradually and not once.
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batang_bitcoin
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November 17, 2022, 10:42:23 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.
I'm sure you're aware that we're in a bear market and not every good news will affect the coins that you're holding. Bear is stronger than the good news they have. 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.
It's still possible to make money on the market at any season that we have. You just have to be on the right position before buying and selling. If you're frustrated right now, get away from the market.
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pooya87
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November 17, 2022, 10:47:03 AM |
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Why coins not going up ?
Which coins? You mean the altcoins? They are not supposed to go up. They were created to be pumped and dumped a couple of times and then die. In other words, altcoins in long term are always on a downtrend. If good news coming then price should follow instantly.
You should be more specific about the news you think is good. 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 ?
Based on this and your other topic I think you have fallen for one of these scam pump and dump groups that are "selling signals". They aren't "traders" and what they post is not "ideas". They are scammers who are posting their hopes so that some fools can buy those shitcoins and help THEM sell their bags to you. It's imposdible to make any money in this Market
It is actually very possible to make money even from the pump and dump shitcoins. You just have to learn to ride the pumps instead of waiting for a scammer to tell you when to buy which is always after they started dumping.
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Plaguedeath
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November 17, 2022, 12:56:38 PM |
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Right now the recent news that surround in my device is always about CZ drama, FTX bankrupt, any entity that invest in FTX follow FTX path, people are panic and withdraw their funds etc. Do you think those news are good? It's good if they withdraw their funds to hardware wallet, but the worst thing is if they're send to Binance since they think Binance has SAFU.
There's no good news except El Salvador want to buy Bitcoin everyday, but it's still not enough to replace FTX case.
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Husires
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November 17, 2022, 01:20:22 PM |
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We are in a bear market, so good news is not supposed to lead the scene or be a reason for the price increase. One of the characteristics of the bear market is the succession of bad news, and the more this news increases, it is an indication of the imminent end of this downward cycle.
We will not hear good news, and this good news will not cause an increase in the price, but the bad news will disappear.
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Nrcewker
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November 17, 2022, 03:58:14 PM |
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I wonder what news you heard and how did it seemed you to be “good” ? Currently many traders are facing huge losses for FTX going bankruptcy. For this the market is suffering like hell. This is the main reason for which Bitcoins fell down so suddenly and struggling to get back the pace. It will take couple of more weeks to settle, then if possible at the end of December, we might see some positive approach from Bitcoins. Till that we just need to be calm and composed and buy Bitcoins in our wallet.
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maydna
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November 17, 2022, 04:25:38 PM |
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That's because we are still in a bear market where the price of the coin is not increasing significantly. We have to be patient to keep waiting for the bull market to come. Even though we don't know when it will come, we still have to be patient. Don't listen to what other people have to say about the market because it can frustrate you not to be able to make a profit. Try to analyze to the best of your ability because, who knows, your analysis can work well for you. And even though there is a lot of positive news about the market, it is not guaranteed that the price will start to increase so be patient.
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