Post
Topic
Board Trading Discussion
Re: Is this stall in the cryptomarket temporary?
by
South Park
on 03/02/2018, 18:56:50 UTC
Its frustrating to see such a steady stall in the crypto market post January. Seems like any price change (increase/decrease) is happening at snail pace. Any hope that this market will pick up soon in the following months?

Yes, of course, its frustrating to see such kind of stall and we cannot do anything to this and there is nothing to worry about this stall because this is how the market used to behave. Market moves like in snake speed when it is trending and otherwise, it used to move like a snail in sideways trend. the current stall is just a temporary pause and i am sure that we are going to see a big trending move soon and most probably it will be uptrend move because the long-term uptrend is still in action and it will not end once there is no strong formation of top forms over there in bitcoin price charts.

I agree. Its really so frustrating at times to see your wallet and slowing draining because the market is currently stalling. We have been spoiled to see the price goes up, specially last December when it nearly went as high as $20K. Good times.

But 2018 is really a pain for all of us. We didn't expect anything like this, so the best thing is to wait for it to bounce back. This behavior though is just normal, everything is either up or down. And I'm happy that most of the members here are still bullish about bitcoin. Only few members spewing lies and FUD. When everything recovers, all those shills will be silent again.
The FUD mostly comes from newbies that bought in December and now think the world is ending because bitcoin stopped growing for a month, at the end of the day it was their fault by buying when the price was so high, I like bitcoin but I knew I was not going to buy at 20k knowing at the time that was the highest price it has ever reached, now buying at 9k feels fine since I know the potential to grow way higher than that is possible and it could happen in the near future.