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Author Topic: So many good news but Market and coins don't go up  (Read 1042 times)
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November 17, 2022, 04:37:42 PM
Merited by HajiBagi (2)
 #21

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.
OP should state the good news he heard or read, It’s not definitely about FTX since it’s investors is still struggling to claim or get their investments. Or Elon in acquiring Twitter since it didn’t affect the market that much except some hype in Doge before. It’s hard to make the market pump when there is no news related to Bitcoin, maybe some altcoins having their good news but if there’s no news about BTC it will not affect much the market to lift the crypto prices.

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November 17, 2022, 04:59:22 PM
Last edit: November 17, 2022, 05:26:57 PM by Piesel
 #22

Sometimes, news alone is not enough to push the market upward and if you may know, we still have so many factors that control the price of many coins and not only news.

We have whales that hold big bags and they can influence the price of those coins too.

Other factors aside from whales and media news also include the public perception of the coin and how traders react to them on the exchange.
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November 17, 2022, 05:08:35 PM
Merited by Docnaster (3), HajiBagi (2), Queentoshi (1)
 #23

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.
It's normal in crypto. When there is good news in crypto, the price of bitcoin will make a good move by increasing in price gradually, but there is bad news the price will decrease. As it is now, there is no good news in crypto of recent, but rather bad news about the FXT exchange with her investors that left their crypto in their exchange.

Quote
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.
The crypto market is difficult to predict her next price. Crypto is not a get-rich scheme. Invest with your spare money. You only lose in crypto when you sell below your investment. That's why it's advised to be patient while you hodl

R


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November 17, 2022, 05:29:38 PM
Merited by fillippone (2)
 #24

Sometimes, news alone is not enough to push the market upward and if you may know, we still have so many factors that control the price of many coins and not only news.

We have whales that hold big bags and they can influence the price of those coins too.

Other factors aside from whales and media news also include the public perception of the coin and how traders react to them on the exchange.
maybe the news that happened was not enough to create positive sentiment toward the market. there is no change in market movement. So of course those who are still holding money haven't stepped in as the OP did.
some still see potential and market response in the short term. if possible the market will short-pump. however, if well-funded traders don't move the market, it can be difficult to see the market moving in a favorable direction.


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November 17, 2022, 06:41:29 PM
 #25

Why coins not going up ?
If good news coming then price should follow instantly.
The market should not move the way you mean and want it to. Good news is just a factor that supports traders' increased interest in buying, but it doesn't necessarily make the price rise instantly. You have time to get ready, so that's how the market works. Forget the hype and pump, now is not the time.

Somebody need to put money in it's fruturating like this.
Who do you expect? I don't think it's going to be great right now considering a lot of people seem to be wary of investing large sums.

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November 17, 2022, 07:10:10 PM
 #26

In recent few months no good news come which can shake the market situation, recent few bad news like Luna scam and after that Ukraine and Russia war and now the FTX scam broke the hope of Market bullish , so now market need stability as well as huge bigs news in order to see greenery in market.

It's imposdible to make any money in this Market
It's right but if you buy best altcoins at cheap prices and hold for long term it may give you huge profit

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November 17, 2022, 07:43:22 PM
 #27

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 ?
Or he can at least mention the names of it and we will tell if they happen for real or not. Elon musk obtaining twitter is I think not a positive news because I don't trust him. This isn't related to btc or crypto either but many people forcibly relate it.

I think because they assume that Elon will implement crypto payments inside the platform but it would be better if we will wait and avoid thinking in advance. As for the FTX issue. It's done. The market have crash badly already but people are now starting to cope up. They know that nothing will happen if they will overthink things but they must move on. Sell if they want to quit and buy if they want to continue on this crypto game.

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November 17, 2022, 08:44:34 PM
 #28

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.

This is where you should really make yourself that aware that any news or fundamentals around doesnt always mean that it would be creating significant effect on the market and this is what makes it
unpredictable on the first place.This is what makes it hard to make some analysis because it could be anytime fucked up since market could move on random way.Come to think that it could move out
randomly without any news or events around which it do really raise up questions on your mind on how the heck or whats happening.We arent seeing something around
but still the price do really move out. You should really make yourself get used to it because no one on this world could able to predict on what would happen in speaking
of price movement.

R


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November 17, 2022, 09:37:51 PM
 #29

snipped...
This is where you should really make yourself that aware that any news or fundamentals around doesnt always mean that it would be creating significant effect on the market and this is what makes it
unpredictable on the first place.This is what makes it hard to make some analysis because it could be anytime fucked up since market could move on random way.Come to think that it could move out
randomly without any news or events around which it do really raise up questions on your mind on how the heck or whats happening.We arent seeing something around
but still the price do really move out. You should really make yourself get used to it because no one on this world could able to predict on what would happen in speaking
of price movement.
FUDs and any negative news gives a huge market impact but if we talk about good news, I haven't seen it. Now, it has been realized that people aren't much giving weight to the good news but likely have a huge concern about the negative ones. But I see why and that is because they care too much about their investment and they are worried. Actually, the market is very tricky, you can't assume that will happen even if we are surrounded by positive people as these FUDs certainly could influence the market and could change someone's view.

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November 17, 2022, 09:56:21 PM
 #30

snipped...
This is where you should really make yourself that aware that any news or fundamentals around doesnt always mean that it would be creating significant effect on the market and this is what makes it
unpredictable on the first place.This is what makes it hard to make some analysis because it could be anytime fucked up since market could move on random way.Come to think that it could move out
randomly without any news or events around which it do really raise up questions on your mind on how the heck or whats happening.We arent seeing something around
but still the price do really move out. You should really make yourself get used to it because no one on this world could able to predict on what would happen in speaking
of price movement.
FUDs and any negative news gives a huge market impact but if we talk about good news, I haven't seen it. Now, it has been realized that people aren't much giving weight to the good news but likely have a huge concern about the negative ones. But I see why and that is because they care too much about their investment and they are worried. Actually, the market is very tricky, you can't assume that will happen even if we are surrounded by positive people as these FUDs certainly could influence the market and could change someone's view.
The market now is really full of negativity and we cant really see any positive news other than that El Salvador 1 btc purchase per day.
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
https://cointelegraph.com/news/nayib-bukele-announces-bitcoin-prescription-for-el-salvador-1-btc-a-day

Now, we cant really tell if this news could really make out some positive impact on the market
Just like the rest been saying that any moment which the price could move out and leave us out those questions in our heads.
Fundamental type of trading isnt bad but not all the times there's a news which it would be sensible that you should switch up at least
on using up technical indicators which does simply shows that you should really be that versatile.
Every steps and actions to be made out does really corresponding have some risk and this is what you should pu up into your mind.

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November 17, 2022, 10:36:11 PM
 #31

In recent few months no good news come which can shake the market situation, recent few bad news like Luna scam and after that Ukraine and Russia war and now the FTX scam broke the hope of Market bullish , so now market need stability as well as huge bigs news in order to see greenery in market.

It's imposdible to make any money in this Market
It's right but if you buy best altcoins at cheap prices and hold for long term it may give you huge profit
^There is good news but that won't have an effect on the BTC price, just like green mining facilities or an oil company adopting BTC mining through their cooling system and etc. which supposedly BTC climb up the price but it was not.
There are too many struggles than the good news and that is why people keep panicking, others transferring their funds to a safe wallet and others are selling their crypto assets knowing that there is no safe wallet like an exchange. It is expected that it will be prolonged since people now was in the FUD and fear losing their funds.
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November 17, 2022, 11:45:24 PM
 #32

The market now is really full of negativity and we cant really see any positive news other than that El Salvador 1 btc purchase per day.
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
https://cointelegraph.com/news/nayib-bukele-announces-bitcoin-prescription-for-el-salvador-1-btc-a-day

Now, we cant really tell if this news could really make out some positive impact on the market
-snip-
That news seems no impact on the market because people are more focused on the FTX case. Now, people become afraid about the next exchange to experience the same problem as FTX. People probably won't be brave enough to buy crypto coins as long as the case of an exchange bankruptcy isn't over. Positive news will work and bring impact to crypto prices when the FUD disappears. With too many FUDs lately, even El Salvador buys 10 BTC per day, I doubt it will directly impact on crypto trend.


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November 17, 2022, 11:49:49 PM
 #33

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.

You just needed to understand the phase of market that we are, the market right now is bear and no matter the good news the market is still going to go dip if it eventually try to make some positive movement. So of the coins which I am holding is till I'm profits normal what the market does or how far it went dip. The market is all about understanding when to buy and when to sell. There is no need stressing ourselves on positive news that will move the market, when the time comes for the market to move, it will surely take a bull move.

┌∩┐(◕_◕) ┌∩┐ Not your keys, not your coins. Binance (and any other CEX) can fuck off ┌∩┐(◕_◕) ┌∩┐
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November 17, 2022, 11:53:52 PM
 #34

Why coins not going up ?

It's imposdible to make any money in this Market
Somebody need to put money in it's fruturating like this.
The market isn't going up? Where then is it going I wonder!

I would say, the market is taking a position it needs to be despite the news. It continues to function based on how the news is received by traders although, I guess you might know that already.

Just know that, its not going to be about what signals out there, what you here or what position you took. Its never dependent on your actions and so, you can only try. When it doesn't go your way, you give it a break and don't get frustrated trading.
Take occasional breaks and try again.

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November 18, 2022, 04:12:04 AM
 #35

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.

These are just the signs and confirmation that we're in a bear market. In bull market those news that aren't moving the market would had sent it pumping. The bear market is full of negativity and people are more interested in pulling money out of the market then investing which is why it seems the market is on a constant decline.
The good news about this time is that, this period give you an advantage to get some good project at a discount. Many projects are trading in massive loss as they're trading above -90% so you just have to look through all the opportunity available and try to identity the worthy ones. When chosing you have to be careful as many project you see in the market today will not exist in years to come.
Keep your frustration in order and don't let it control you into making bad decision that you'll regret later like you selling your coins now because you feel the market Isn't making much progress. Very soon the bull run will come and those coins will rise back.

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November 18, 2022, 04:19:42 AM
 #36

There hasn’t been any good news for the past week pretty much. The last 2-3 days were steady but we got lots of negative press.

Look at the contagion that is going on. We got genesis raising funds to pay off the Gemini earn customers. We got lots of other market makers which are struggling with capital.

Everyday there is tons of funds removed from exchanges due to fear. Be surprised that Bitcoin is still at $17K.

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November 18, 2022, 06:03:09 AM
 #37

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.
We don't need to worry if the price of almost all the coins doesn't go up for now because eventually, almost all of those coins will go up, especially when the bull market comes back. Until then, we can use this time to increase the amount of each potential coin we already have so that we will definitely make a big profit when the bull market comes. We should not put too much hope on traders posting signals for each coin because it is very hard to see the price increase several times when the market is still in a bear position. But some coins can go up high but the rising price of the coin hasn't been able to reach its peak price.

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November 18, 2022, 07:42:31 AM
 #38

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.

Are you a parallel dimension to us? Are you not a Twitter user? The screen full of negative news has been monopolized by FTT SBF CZ. Market sentiment is gloomy.
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November 18, 2022, 08:26:50 AM
 #39

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.

where are you seeing good news, when I enter the news site I see this:

Bahamian securities regulator ordered the transfer of FTX’s digital assets ( Bad news )

FTX names Kroll as claims agent, to update users on bankruptcy developments
( shows that the hole is so deep that there is no more concert )

US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX ( bad news, these guys are not pro cryptos and can take advantage of this to propose tough laws )

$600M in Bitcoin options expire on Friday, giving bears reason to pin BTC under $16K

as you can see, there is only bad news, the market can still drop a lot, do not create high expectations about a possible big price increase, at this moment it is more advisable to just watch the market until everything stabilizes, with that you avoid unnecessary losses

Also the traders who post their ideas non of the signals don't move whats going on ?

they're just watching the market, that's the best thing they can do right now, they can't say: "tomorrow the price will go up...." when they're reading bad news all the time, they know they can't do that. Waiting and watching is also a good move in times like these. while there is a lot of bad news there will be panic selling, even if you see some sign of a small rise in price it will soon fall when bad news comes

It's imposdible to make any money in this Market

you are looking at the short term, in the long term you will make a lot of profit, as I said before, be patient, there are days when the price goes up a lot, but in the same way that it goes up a lot it can also go down a lot

Somebody need to put money in it's fruturating like this.

and why would someone put a lot of money in now if that person can wait for the price to drop a lot and put money in?

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November 18, 2022, 09:51:29 AM
 #40

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.

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..PLAY NOW..
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