Post
Topic
Board Economics
Re: dropping value
by
Madmim
on 24/03/2018, 13:30:49 UTC
People really need to start understanding that this trend is normal and the less they panic, the lesser the volatility reduces. Normally, some whales who love to control the market usually get to work hoping to get some profit just like any other normal trader, rather than panicking,

Panic is here to stay in the market. It is not going anywhere and telling people not to panic will not actually do any good because there are some who knows how to capitalize on panic sells and there are those who create panic which makes less courageous people to sell their assets. Which in turn creates supply for the the big fishes to gulp all.


Traders should be able to take advantage/chance of the best possible opportunity, when many people panic and sell their bitcoin because of the weakening of the market price, we should see it as an opportunity to buy, because after the price stops down there will be a bounce, do not always see from the negative side mate, yeah down price is precisely a golden opportunity to make a quick profit

IMHO the opportunity that arises from this are not all types of bitcoin supporters. Those who has a huge stash or can invest huge, can actually take benefit of it.

As long as there are negative reports in the media, the price of bitcoin will fall.

But I found the profit, as long as we buy when the price is low, when the green time is sold, we will get a good profit.

This is normal. The media publishes what people wants to read/hear. When the market is bearish, media will publish negative things. And that will make people sell their coins. Big boys or opportunitists get ready for those types of news and panic sells. Because it is an opportunity for them to buy at dips.