When setting the bottom of the bear market the price of the asset has to plunge through everyone's sell orders on exchanges until there is nothing left but buy orders. This has historically been the point where a bottom has been set, and the price bounces hard off of it.
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#bitcoin #ethereum #crypto #markets #shorts #youtubeshorts
I guess I should place a buy order for BTC at $50
If you wanna buy more, fix a LIMIT ORDER guys
I have lost so much money
@Crypto_SKULL_Z if you didn’t sell and you have unlimited time as a human to wait until the market recovers. Not everyone is able to wait years and years of Bear markets and recessions to recover their money.
@theanwseris cocaine do you knw anything about bitcoin? It ALWAYS goes back up, so if you have a good coin, holing onto it is the best thing you can do.
@Michael VM nothing wrong with long term investing
Hold it if it’s bitcoin or ethereum for sure, they’ll go back up
triple bottom. Bottoms in.Just waiting to finish triangle
Its not just the buys and sells. USD itself is increasing in value, everything else goes down.
What happens if it goes so low that the amount you have is worth 0.00$ does it knock you out or do you keep that amount and wait till it goes back up
A point where there are no more selling orders and only buying orders? Ok, gonna put a buying order right now at $3k. Thanks for the advice!:) Brillant.
Incorrect. the fact that its more people thats HOLDING than sellers and buyers.
Thats cool to see You losing weight every day … 👍👍👍
3k
I don’t think I’ll be looking to you to find out how the markets work. That’s lie asking your heroin dealer the best way to get off drugs.