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54272360 No.54272360 [Reply] [Original]

Why does BTC always seem to dump quicker that it goes up?

>> No.54272369

>>54272360
Gravity

>> No.54272377

>>54272360
stairs up, elevator down

>> No.54272420

>>54272377
t. anon with 1 or more bear market cycles under his belt

>> No.54272422

>>54272360
Because BTC is primarily held by the dumbest of the dumb herd mentality retards. When they see "line go down" they get scared and sell every time, which only accelerates the rate at which "line go down". The line hits bottom when all the mouth breathers have finished panic selling.

>> No.54272423

>>54272360
What is panic selling for $200, Alex?

>> No.54272430

>>54272369
fpbp

>> No.54272452

>>54272420
And yet that's what happens literally every crash

>> No.54272488

>>54272422
27k was this crash bottom. All the scared retards already sold. We will keep our momentum up

>> No.54272515

>>54272452
True. At the end of the day it's a good advertisement for the Trezor model T.
I love my Trezor device as it allows me to sleep soundly knowing my crypto is not on an exchange. It's also difficult to move and a total pain in the ass to sell so it stops me from being a degenerate swing trader.
Highly recommend/120

>> No.54272535
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54272535

>>54272420
second bear market

>> No.54272552

>>54272535
I knew it. I bet you have learned a lot though right king?

>> No.54272612

>>54272360
because it has no intrinsic value?

>> No.54272630

>>54272612
Buy signal

>> No.54272728
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54272728

All these dipshits have 0 idea what’s coming…

>> No.54272762

>>54272360
Everything does that.

>> No.54272771

>>54272360
so do stocks

>> No.54272773

>>54272422
Unironically this.

>> No.54272913

>>54272360
If you want the actual answer... Buying is by definition a non-profitable position. You also rarely have a clear cut 'buy' signal. So its a tepid and timid entry process. Usually a DCA. On the flip side, following a margin of price gain, the entry of ones position could be profitable. Therefore selling a larger position at a single moment will be profitable. Few people DCA out of a position. Rather, they capture the bird in hand profits.

>> No.54272923

>>54272913
entirety of ones position*

>> No.54272954

>>54272360
maximize fear both ways

>> No.54272955

>>54272369
lmao

>> No.54272970

>>54272420
>bear market cycles
ponzi scams

>> No.54272977
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54272977

>>54272422

btc trader vs link marine.

>> No.54273004

>>54272360
Newfag detected

>> No.54273028

nobody really has buy orders set for when price goes up (price is 20k, nobody sets a market buy order if price hits 21k)

but many people set stop losses if price goes down (price is 20k, sell all if price hits 19k)

>> No.54273032

>>54272360
Take a look at DJI and SPX, you unintelligent homosexual.

>> No.54273035

>>54272360
Panic sells from amateurs.

>> No.54273057

>>54272360
Wtf. Why does it always doompa and recover right before I get home from work??

I want more cheapies ffs.

>> No.54273061

>>54272360
dumb fuck a handful of institutions pumped bitcoin no one else bought it at 27k or even 23k so anyone that bought low 20-21k or even 16k a few months ago are selling it now you need to look at volume you'll see volume gaps everywhere it pumped in those gaps you can expect the price to skip right past it on the way down because no one has a reason to hold that price because almost no one bought at that price

>> No.54273118

>>54272728
Poorfag.

>> No.54273136

>>54273061
PUNCTUATION MOTHAFUCKA, DO YOU SPEAK IT?

>> No.54273146

>>54273028
If you set a buy order above current price it automatically buys, I don't think setting buy orders above current price has ever been a thing because it's impossible

>> No.54273149
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54273149

>>54273136
no and I never will ack

>> No.54273166

>>54272360
Bitcoin is behaving like any other market entity, now. The high-flyer days are over.

>> No.54273167

>>54272360
because market maker, yo. Most liquidations are longs, man makes the market go where the liquidity is.

>> No.54273174

>>54272552
yes, this time was able to get rid of my bags high enough and buying low enough as well

>> No.54273232

>>54273146
stop limit buy is possible

>> No.54273241

>>54272360
because its a free market.

>> No.54273526

>>54272360
Whales have stop orders.
They bought the bottoms and have all set their next crash.

>> No.54273566

>>54272360
Because crypto is traded almost entirely by bots.

>> No.54273647

>>54272422
But when your shitcoin gets rugged, what happens?