Quote from: bohr on October 07, 2019, 06:59:52 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 ?

You cannot make profits in a market that doesn't move, so regardless of the direction of the market you want a price that is constantly moving and that there are many people buying and selling so you have an opportunity to profit by being able to guess the direction the market will take, so to me this is a great opportunity and you should not waste it, it seems that people forgot already what happened during last year in which the price was not moving and that was really a terrible situation for most traders.

What makes it so terrible is because of huge market fluctuation. It may be this is not a reason to complain about the situation, we are living this for a decade already. In fact, it was our great opportunity to make profits as fluctuation keep doing well. It is only a big problem here that some trader and newly existed investors were so exhausted with the current condition which they fall into panicking decided to dump their coins rather than to hold.