Quote from: Meowth05 on October 05, 2019, 02:08:44 PM

Quote from: Wysi on October 05, 2019, 08:20:26 AM

How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?

Price fluctuation is definitely an opportunity. Entering crypto could be a risk that is why you must learn to adapt and go with the flow on the movement of the market. Learn how to convert the downside into an opportunity for an example in the downtrend you could buy the coins that are cheap and make sure that it will give a high return as the uptrend comes. You must be flexible and wise in the industry otherwise you be nothing but a simpleton.

Yeah but if you don't pay attention to the price ticker then you will lose much more. See my quote :

Quote from: minime0105 on October 05, 2019, 01:02:48 PM

Altcoins bleeding is common. It will stop bleeding and start sucking like a hooker pretty soon as bitcoin recovers. You just need to wait. But for guys like me, these fluctuations don't matter. My 1 btc was worth $18,000 when I bought last year. This year it has already been worth a 6th of that. I am only hoping to see the day I can cash out my btc at 18,000 or above.