Quote from: Madmim on March 24, 2018, 01:30:49 PM

Quote from: Rasshemark on March 24, 2018, 02:44:52 AM

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.

Quote from: iMark on March 24, 2018, 05:12:04 AM

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.

Quote from: biuifyus on March 24, 2018, 05:22:01 AM

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.

Regardless of what the price is doing at this point, you can cherry-pick your sources to reinforce whatever you want to believe about what the price is going to do. There is no shortage of articles claiming Bitcoin is on the way down of a fad cycle, and likewise the opposite, no shortage of articles claiming we're on the verge of another massive bull run just waiting to bust out. Nobody really has any credibility when it comes to predicting. The causes are far too complex to really have a firm grasp what is driving price movements. It's too speculative, and too much irrationality is driving trading activity.