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Author Topic: So many good news but Market and coins don't go up  (Read 1043 times)
palle11
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November 20, 2022, 01:46:07 PM
 #61

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.



I have a few friends who say that this market does not follow the law of supply and demand, ,

I agree with your few friends that this market don't follow the law of demand and supply because it is not regulated, then it is not interactive market where you see buyers and sellers together in a physical market bargaining and selling. The emotions are not the same.


it is being manipulated


I don't really know the extent, it may because it is not regulated.


so analysis is useless. If you want to make money, swim with the sharks, sometimes I find them right.


Analysis are never useless in this market. They are very good tools to confidently ride the market. Do a proper analysis then you can milk the market.
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November 20, 2022, 02:22:12 PM
 #62

Because of Fear every crypto traders are selling there funds. Fear and Greed index also very high. That's why market is moving like sideways. Hope it will recover soon after a good news in crypto market. Otherwise it will go more deep. So we should wait for that moment.
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November 20, 2022, 02:45:04 PM
 #63

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.
When good news is released, it is not guaranteed to move the bitcoin price to increase because if the good news does not have a large impact on the market, the price of bitcoin or altcoins will not increase significantly either. But if a pump is going on in the market, even if there isn't any news, it can still move the market. Bear markets are still happening and we really hope to see bull markets come back again. Meanwhile, we don't need to be triggered by bad news because it will reduce our vigilance in analyzing the market.

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November 20, 2022, 06:07:55 PM
 #64

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.
there will be a right time for the market to recover from the current slump. Positive news is still not strong enough to lift the market back to normal. But when the positive news continues to emerge and the negative news subsides, it's time for the crypto market to rise. The drama that happened to FTX and the collapse of Luna had a very significant impact on the state of the crypto market. Hopefully such a drama will not be repeated and will not burden the crypto market even more. After this there will be some news that will make crypto bullish and we will all enjoy it.
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November 20, 2022, 06:44:17 PM
 #65

What good news are you talking about, man? For a while, we have not heard anything of good news, but bad news in a row. We have not yet come out of the bad impact of the FTX incident and many before it.
In any case, you should not forget an important fact that news is not the only one that affects the market. There are many factors that affect the market and the news is only one of them, so do not expect a rapid rise once you hear some good news, you have to analyze the factors affecting the market well and when you see the indicators pointing to the rise only then you can talk about the rise, otherwise you You need to be patient and wait for the market situation to improve and remember that every Bitcoin drop is a new buying opportunity.

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November 20, 2022, 09:37:14 PM
 #66

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.
I don’t even see good news happening these days, but definitely its more on negative issues that the market is presently facing. Although I have to say there may be some positive news that are unnoticeable, but they were not significant in the market at all so most probably, they don’t also leave positive impact to the crypto market. And while the market is still in a bearish state, so expect that crypto prices are more down today.

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November 20, 2022, 09:59:36 PM
 #67

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.
I don’t even see good news happening these days, but definitely its more on negative issues that the market is presently facing. Although I have to say there may be some positive news that are unnoticeable, but they were not significant in the market at all so most probably, they don’t also leave positive impact to the crypto market. And while the market is still in a bearish state, so expect that crypto prices are more down today.
Maybe those good news would be particularly talking about El Salvador purchasing 1btc 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

This is the only positive news we do have on this bear market.The rest is shit which did really cause for this market to go down.
But eventually these are the things which needed for us to buy cheap coins.So its a matter of risk taking.

R


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November 20, 2022, 10:03:58 PM
 #68

It is possible that the good news doesn't outweigh the effect of the present fiasco that happens in the cryptocurrency industry.  The FTX effect is too huge to be easily overwritten by some small good news.  In order to outweigh the current effect of FTX, the industry needs a massive good news like some developed country getting bullish over Bitcoin and accept it as legal tender.  Now that is a kind of news that will move the market instantly but sadly I think we won't be hearing news like that any time soon.
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November 20, 2022, 11:14:43 PM
 #69



it is being manipulated


I don't really know the extent, it may because it is not regulated.
If you compare the market capitalization with the gold or stock market capitalization, cryptocurrencies are very small and unregulated, manipulation is inevitable. To me, the cryptomarket is like a money game where whoever has the most money wins.

so analysis is useless. If you want to make money, swim with the sharks, sometimes I find them right.


Analysis are never useless in this market. They are very good tools to confidently ride the market. Do a proper analysis then you can milk the market.

Maybe it won't be completely useless like I said but the effect it brings is not high. Because I think the market is still being manipulated by some big forces, the market does not operate according to supply and demand, so it cannot be analyzed. Bitcoin price can react unexpectedly if some news is published then all analysis will no longer hold true.

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November 20, 2022, 11:24:35 PM
 #70

Maybe it won't be completely useless like I said but the effect it brings is not high. Because I think the market is still being manipulated by some big forces, the market does not operate according to supply and demand, so it cannot be analyzed. Bitcoin price can react unexpectedly if some news is published then all analysis will no longer hold true.
It's hard to understand reasons as to why the market doesn't follow the law of demand and supply in its operation even in a manipulated market situation as I we would want to believe.
These news, these manipulations of the elements to the crypto market are what pushes a reaction that might lead investors to flood the market with coins or pushes price down or maybe get investors to holding more coins, buy more coins and gets price up.

That seems very much like the law of demand and supply in play to me. Acting in an inverse reaction based on what strings are been pulled.

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November 21, 2022, 03:15:52 AM
 #71

It is possible that the good news doesn't outweigh the effect of the present fiasco that happens in the cryptocurrency industry.  The FTX effect is too huge to be easily overwritten by some small good news.  In order to outweigh the current effect of FTX, the industry needs a massive good news like some developed country getting bullish over Bitcoin and accept it as legal tender.  Now that is a kind of news that will move the market instantly but sadly I think we won't be hearing news like that any time soon.

The decline continues to bring more fears with the investors and traders, we are seeing after effects coming from FTX more and more holders are selling and not willing to keep their assets, like what you have said if there's good news from developed countries, news that they are going to allow crypto / bitcoin, it will bring good impact for sure.

But as of this moment, we might not see any, as there are many frustrated investors that might move their money from other alternatives to invest and recover.

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November 21, 2022, 03:46:28 AM
 #72

This is the only positive news we do have on this bear market.

I always worry that when bitcoin buying plans are announced by large institutions, retail investors are getting less and less opportunity to buy and ownership will become dispersed. Given that bitcoin has surpassed the discount price of the futuristic asset average, they must have bought a large amount. If suddenly they dump all their bitcoins because of policies, well you know the consequences

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November 21, 2022, 10:30:48 AM
 #73

In a bear or sideways market it's very tough to make money. You can use future trading and short cryptos to make some profits. Actually when a bear market comes almost everyone has fear of losing value. That's why panic sellers sell their tokens and dump the market more. Wait for the bull season and you can invest in this cheap market.
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November 21, 2022, 02:12:36 PM
 #74

In a bear or sideways market it's very tough to make money. You can use future trading and short cryptos to make some profits. Actually when a bear market comes almost everyone has fear of losing value. That's why panic sellers sell their tokens and dump the market more. Wait for the bull season and you can invest in this cheap market.
It's someone that doesn't know the rudiments of cryptocurrency that will be in panicked to sell out of their coins when bearish market is approaching, so therefore the experience of existing investors in cryptocurrency supposed have let other people know what is obtainable via cryptocurrency.

Someone who's the technology of Bitcoin better supposed not to be curious selling out of their coins, because it's very obvious that cryptocurrency most surely increase whenever it falls or decrease in the market, so this is one of the major concept new investors fails to understand concerning the regulations of cryptocurrency and Bitcoin. Bearish market just gives the investor's room to accumulate their investment.

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November 21, 2022, 03:31:54 PM
 #75

Why coins not going up ?
One of the many reasons that is usually overlooked is having too many crypto coins competing for the same investor capital out there... If we want to see BTC go up we need concentrated coin pumping of one coin and not  the distributed resources.

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.
Unfortunately crypto doesn't work like Forex which usually reacts with how news comes, to get an instant reaction other factors need to come in play and one of those is demand and liquidity.

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.

LOL Signals do work but they are dependent on the signal provider and to make money you need to invest in getting some trading knowledge and try leveraged trading.

R


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November 21, 2022, 07:10:52 PM
 #76

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.

Unless you consider all the news about coins and exchanges crashing down as good news, which could be the case depending on your perspective as it is better for the market to have less scammers tricking people into investing in whatever project they are promoting, I think many of us would like to see your source of good news, as what we are seeing right now seems to be the opposite of it, and as such it is natural the price keeps going down.
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November 21, 2022, 07:21:50 PM
 #77

The good news and the bad news together shouldn't really matter, it should be a lot better and I fear that people are overreacting to this news. Neither bad nor good news should impact it as much as it is right now. I know that people are afraid of what could happen, but that doesn't mean that it will happen that terribly just because there is a piece of bad news. For example, when Luna happened, that just pertains to Luna and maybe a small amount to others, but yet bitcoin crashed hard, why? People sold their bitcoins when they heard Luna news, but WHY? What was the relation to it? Same with FTX now, I get the ones that are affected by this, they lost their money, but WHY sell your bitcoins just because FTX was bankrupted, what's it to you? These unreasonable sales end up causing crashes.

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November 21, 2022, 07:26:20 PM
 #78

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.

Unless you consider all the news about coins and exchanges crashing down as good news, which could be the case depending on your perspective as it is better for the market to have less scammers tricking people into investing in whatever project they are promoting, I think many of us would like to see your source of good news, as what we are seeing right now seems to be the opposite of it, and as such it is natural the price keeps going down.
Source of good news would be most likely can be seen into those crypto news outlets or sites but eventually there are more those fuds or negative news rather than on positive ones if we do really check out well.

This is why you could really totally oppose on what he's been saying about positive stuffs because we arent really seeing at all.So it does really raises up some question on where the hell he had been looking for
such news as the community doesnt really seem able to see on what he's seeing.

As for news or generally talking about in relation about fundamentals, then any news whether negative or positive cant really assure that it could bring or get some
effects on market overall, this is why its wise not to take action every now and then.


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November 22, 2022, 03:38:40 AM
 #79

What good news are you talking about, All I can see are bearish news and media is making it more compilated to everyone resulting into more panic from investors, this moment in crypto will totally put you in a situation if you are real hodler or not but there is no reason to panic at all,  time will come market will be in uptrend again, still best strategy is to buy the dip and hold. 

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November 23, 2022, 02:40:04 AM
 #80

What good news are you talking about, All I can see are bearish news and media is making it more compilated to everyone resulting into more panic from investors, this moment in crypto will totally put you in a situation if you are real hodler or not but there is no reason to panic at all,  time will come market will be in uptrend again, still best strategy is to buy the dip and hold. 
Top influencers and whales are the ones turning the market both in bear and bull. Buying the dip and waiting for the bullish run-up is probably one of the best strategy any trader or investor could possibly adapt. The market is currently down at the moment and the experience traders are taking advantage of it, using their time to bagged more pieces of the shitcoins with promising future and also getting the top coins in the market like the native coin of Binance,  Bitcoin and Ethereum from exchanges.

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