Quote from: Kim Ji Won on January 17, 2018, 03:24:03 PM

Quote from: 1Referee on January 15, 2018, 02:05:49 PM

People with their downward trend nonsense. It's obvious that the market is consolidating, but then within a wider than average range. If you look closely, and see how repetitive the movements are between $13,000'ish and $14,000'ish levels, you will directly spot a great money making opportunity. If you time it right, you can make a decent bit of profit in just a matter of days, and quite often in less than a day. Learn to analyze the market and see how profitable these repetitive movements are for youself. As soon as we break out of this consolidation phase, these repetitive patterns will be no longer there, and thus it's time to just hold again. It's just a matter of logical thinking, really.

This is on point! Every time that the price of bitcoin is dropping drastically, a thread like this is automatic in the forum. Most of them are users who are new to the world of cryptocurrencies and don't really know what to do with their investment, so as a result, they panic. This would be a good way to earn fast money if you can't wait to see profits in bitcoin which is supposedly a long-term investment. Learn and master the technique and see for yourself how it goes.

I think they need to master the art of trading. Little knowledge of how bitcoin goes will surely bring them into a panic. We cannot blame them for that because this is their first time to handle that big amount.