Quote from: zcooipo on September 05, 2018, 08:50:09 AM

All predictions and negative news will be drowned in the green of the market. I think that market ups and downs are necessary, which I have always believed!

If there is no up and down, then I do not see any market. It is more like a value auction market and the way it is fashioned is to see people bidding based on how the perceive the price at certain point in time which is what brings about the demand and supply in the market. Negative news as well as positive news will always be part of the market, but the thing amusing is that once we start seeing a little uptrend; a lot of new investors just start calling moon immediately.

Quote from: verguat33 on September 08, 2018, 12:48:51 PM

It might even be a bit higher than 1% but one way or the other, the same way we have corrections when market is in an uptrend, is also the same way we always tend to have corrections when market is in a downtrend which most people are always so optimistic with the moon calling thing.

In a range bound markets, both bulls and bears are being trapped like this usually. Even staying away from the market is recommended, professional traders also sometimes get trapped by these recoveries due to the fake assumption of bottom is already reached. Waiting till new ATH may be a good thing for those who hate to risk much.