Pyramids movement is discouraging.

[Greggry]

There is no feelings that's coming up soon, it keeps maintaining circle movement like a form of pyramids. The annoying thing is deepening strategies that has twist the price in the form of running waters. Each day I wake I quickly open my wallet to see red investment gone wrong again. I tittle it a pyramids scaling price because today is at $24k and tomorrow it will returns to $23k but the pyramids will vanish soon for overflow tanks and ocean price.

[1715510225]

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[1715510225]

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[Dave1]

There is no feelings that's coming up soon, it keeps maintaining circle movement like a form of pyramids. The annoying thing is deepening strategies that has twist the price in the form of running waters. Each day I wake I quickly open my wallet to see red investment gone wrong again. I tittle it a pyramids scaling price because today is at $24k and tomorrow it will returns to $23k but the pyramids will vanish soon for overflow tanks and ocean price.

I think the right term here is "volatility",

Definition

Volatility is a measure of how much the price of an asset has moved up or down over time. Generally, the more volatile an asset is, the riskier it’s considered to be as an investment — and the more potential it has to offer either higher returns or higher losses over shorter periods of time than comparatively less volatile assets.

https://www.coinbase.com/learn/crypto-basics/what-is-volatility

And this what separates newbies from those who have seen a lot of ups and downs throughout bitcoin's history. I would advise you not to check the price like every hour or even every day.

The price will fluctuate no matter what, it's either you take advantage of it, like in the last couple of days ago, the price goes below $20k. And if you bought around that price then you might have profited by today as it is above $24k now.

[digaran]

There is no feelings that's coming up soon, it keeps maintaining circle movement like a form of pyramids. The annoying thing is deepening strategies that has twist the price in the form of running waters. Each day I wake I quickly open my wallet to see red investment gone wrong again. I tittle it a pyramids scaling price because today is at $24k and tomorrow it will returns to $23k but the pyramids will vanish soon for overflow tanks and ocean price.

I don't get it, is it a pyramid, a circle or an ocean? Because they are not the same in any way. Lol
While the trading with enough skills could yield even daily profits( with a risk of loss as well of course ), for a long term profit you need to do that "holding for long", otherwise there is no room for you in crypto as an investor, if you want profit, go learn day trading but be ready for +50% losses in a day as well, since day trading is the same as gambling.

[mk4]

If you don't like your holdings(or net worth) going going up and down, then bitcoin — or even investing in general, is simply not for you.

Also, the pyramid analogy doesn't make any sense.

[EarnOnVictor]

I will simply say that the OP does not know what Bitcoin stands for, which is the only reason why such could link it with the pyramid. Regardless of what you have heard about it and pyramids, I guess you should start learning about the coin afresh, and you would realize that it's nothing like a pyramid.

Bitcoin is an asset, it's listed and its price fluctuates like any other listed valuable asset, so nothing like a pyramid here but a market practice that is being adjusted by conditions and prevailing market sentiment.

However, if anyhow is introducing you to a pyramid scheme in the name of Bitcoin, my brother, flee, they will scam you.

[hd49728]

I tittle it a pyramids scaling price because today is at $24k and tomorrow it will returns to $23k but the pyramids will vanish soon for overflow tanks and ocean price.

All patterns are to mislead you and leverage traders. You have to keep it simple and you will don't have to fight against the market.

Buy Bitcoin, hodl it and don't complicate your chart reading too much. Zoom out to have very wide view and you will have a long term vision for your investment. Pyramid pattern, what edge is not matter with you. Those things are for daily traders who are mostly losers not winners in the market.

Learn about Psychology market cycles

[KaliLinux]

There is no feelings that's coming up soon, it keeps maintaining circle movement like a form of pyramids. The annoying thing is deepening strategies that has twist the price in the form of running waters. Each day I wake I quickly open my wallet to see red investment gone wrong again. I tittle it a pyramids scaling price because today is at $24k and tomorrow it will returns to $23k but the pyramids will vanish soon for overflow tanks and ocean price.

Being a newbie in the forum might not necessarily mean you are a newbie to Bitcoin so I will imagine you understand the circle of the market and stop waking up every morning expecting a wonderful price shift to the upside. Bitcoin INVESTMENT should be for the long term however if you really think you are good at trading then take a go at it but until you understand HODLing will give you less worry, you will continue to wake up to that feeling at least for now. 

[Edwardard]

According to a data (by Kaiko)[1], the bitcoin market depth on the top exchanges has hit its lowest level since may 2022. This resulted in rapid fluctuations because ppl are more interested in market buying/selling rather than increasing the depth of orderbook by putting limit orders.
Also the USDC and svb tension got added to the volatility which is why we saw a straight dump to under 20k then shot back up due to forced buying pressure ( institutions and even exchanges themselves converting their large portion of stables into BTC).
But dont worry, its just one side of BTC, it will again get stable somewhere and give us another chance to think. Btw, I see ppl complaining more during times of silence by btc lol. You must be excited that btc is moving like this. Easy trades in between.
[1]

[MusaMohamed]

I think the term "pyramid scaling price" seems to refer to the way price moves up and down in a pattern. However, I'm not entirely sure what you mean by "deep strategy" changing prices.

Pyramid sounds like pyramid, Ponzi scheme.

Bitcoin has its up trend since 2009 and I don't see pyramid on its chart. Yearly price is very bullish.

See https://buybitcoinworldwide.com/stats/yearly-candles/

Pyramid? No, it is parabolic.