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Topic: Are we in a bear trap? - page 3. (Read 838 times)

legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
December 13, 2021, 04:28:59 PM
Focus in attaining knowledge and not just to deal with this business with more on emotions, we should realize that everyone around do have the same intentions, more likely whales are continuing to compensate due to lack of knowledge from newcomer who thinks that trading is just an easy practice to earn money.

Think deeper and make yourself comfortable in each decision making that you will going to take.

Bear and Bull are trends that you need to understand, anticipate correctly means earnings to your investment. Roll Eyes Cool
Long term investment is one of the best option for cryptocurrencies especially bitcoin. I may regret not buying earlier, but I can also benefit from my long term investment in bitcoin.

I totally agree about an investor should have good planning for the investment they make in crypto regardless how the market will react to fud or hype because this volatility is always there. So having sufficient knowledge and being aware of the good potential of the asset owned is the best way to generate maximum profits in the future. Involving emotion in this investment is not very good because it will only cause great hesitation to hold on to the asset when price fluctuation occur. So it would be good not to over-monitor price movement all the time.
member
Activity: 924
Merit: 15
December 13, 2021, 02:12:47 PM
Getting caught might be suitable if we are in a trading path because indeed in trading the cycle is very fast and does not hold for a long time.
but for investors, I don't think it really applies because they do it for the long term, not the short term.
On the other hand, there's really no need to worry about that, we know that in the history of crypto something like this has happened, even worse. So, why worry now
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
December 13, 2021, 01:38:53 PM
We always thought that there would be a bear trap and had to be careful with the value of the investment. Before thinking that behind the high price increases there is a whale scenario for high purchasing power by people around the world, we must realize that supply and demand continue to occur. We are actually just taking shortcuts, if we are able to be careful and not emotional in making decisions, it will definitely have a good ending. The purpose of trading is for profit and financial freedom, so focus on that and get rid of negative thoughts.

Focus in attaining knowledge and not just to deal with this business with more on emotions, we should realize that everyone around do have the same intentions, more likely whales are continuing to compensate due to lack of knowledge from newcomer who thinks that trading is just an easy practice to earn money.

Think deeper and make yourself comfortable in each decision making that you will going to take.

Bear and Bull are trends that you need to understand, anticipate correctly means earnings to your investment. Roll Eyes Cool
sr. member
Activity: 1638
Merit: 339
December 13, 2021, 12:10:44 PM
We always thought that there would be a bear trap and had to be careful with the value of the investment. Before thinking that behind the high price increases there is a whale scenario for high purchasing power by people around the world, we must realize that supply and demand continue to occur. We are actually just taking shortcuts, if we are able to be careful and not emotional in making decisions, it will definitely have a good ending. The purpose of trading is for profit and financial freedom, so focus on that and get rid of negative thoughts.
full member
Activity: 1134
Merit: 100
SOL.BIOKRIPT.COM
December 11, 2021, 06:30:40 PM
I don't think so, are you new to investing in BTC in the short term and just getting started. if just starting to invest, we can say we are stuck in it, BTC is being corrected. for me this is very reasonable, because it has long been pumped and touched ATH. for investors who have held on to before the BTC pumped up, this is the last remaining opportunity to take profits.
the only thing we can do when we are caught in a bull trap is to hold on because the price of bitcoin will recover and you avoid losses. but what often happens is that when caught in a bull trap many new investors panic and think bitcoin will soon enter a bearish phase, to avoid bigger losses they decide to cut loss.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
December 11, 2021, 04:07:22 PM
#99
I think it was a bear trap. Several factors speak for this.
I mean it's everytime on this month the same exact situation always happen. I'm not surprise when the price is corrected at that point it will pump again later on early 2022 hopefully. Also with stuff such as influencer tweets,  China takes on crypto related stuff makes an impactful move to cryptocurrency in general. It's up to you if you would like to stay or not, It's just a quite normal situation we have experienced especially at the end of the year.

hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
December 11, 2021, 03:39:26 PM
#98


This will not totally affect the whole crypto market and people are just exaggerated to relate this in the market, also some other manipulator just use this so that they can add up to the crash happening that's why we shouldn't believe always on what we read since we also need to know if there's relation on the events before things to happen.

Very important to balance all this information before you take your side, decisioning your position. Many failed because of following the current trend, unknowingly that there is manipulation behind, assess and observe if the current events are really related and if you think that there're connections, best to have backup plans when doing your next step.

Your action is always important. Do your best before taking your call. Wink Cool
Back up plans is a must and ive been having this kind of behavior when i had started trading because not all the times your initial analysis would really work out which means that you would really be needing to have some other strategies to make out decisions which would
really be putting you on those recovery or able to patch up situations which a thing must have when you do engage with trading.
This isnt something that be simple and of course it would need take lots of experience and considerations.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
December 11, 2021, 03:09:11 PM
#97


This will not totally affect the whole crypto market and people are just exaggerated to relate this in the market, also some other manipulator just use this so that they can add up to the crash happening that's why we shouldn't believe always on what we read since we also need to know if there's relation on the events before things to happen.

Very important to balance all this information before you take your side, decisioning your position. Many failed because of following the current trend, unknowingly that there is manipulation behind, assess and observe if the current events are really related and if you think that there're connections, best to have backup plans when doing your next step.

Your action is always important. Do your best before taking your call. Wink Cool
hero member
Activity: 2520
Merit: 783
December 11, 2021, 08:11:59 AM
#96
When the market goes down like this is the point to test who is got patient enough to stand the sight of investment going down, I think this month is not very friendly with crypto, some people are still very optimistic about the market not in bear season, alts are taking a blow right now, today it seems the marker is coming back slowly, maybe the crypto experts can tell us if we are in a bull trap or just the market reacting to the new covid variant news.
I don’t really think that this is something that has to do with the new covid19 variant. Easier to say that it can be anything, so does that also mean that the other times that the market has gone down as well around last month, that it was also because of the same thing? Because the new variants of covid19 wasn’t announced this month, it was announced some few months back, and maybe it might have affected the market then, but not now.

I just feel that this is the regular up and down movement or price fluctuation. It’s just with time and the market will gather itself back and go up again. At least we have gotten back to $50,000 now as I write. So, with time it will still increase.
Seeing that there is a new variant of covid 19 which now doesn't seem to cause panic like before,
so I don't think it has any impact on current market conditions,
even so we need to analyze it more deeply whether this is just a fluctuation or not
If you look at this latest variant, it has properties that are easy to spread or transmit, but it is not as dangerous as before. I don't think it will affect the cryptocurrency market too much, it's just that the market is bleeding right now and this is triggered by negative news from America, and of course China also does it, especially bitcoin has reached a new ath, of course it needs correction


This will not totally affect the whole crypto market and people are just exaggerated to relate this in the market, also some other manipulator just use this so that they can add up to the crash happening that's why we shouldn't believe always on what we read since we also need to know if there's relation on the events before things to happen.
sr. member
Activity: 1344
Merit: 253
December 11, 2021, 04:37:34 AM
#95
When the market goes down like this is the point to test who is got patient enough to stand the sight of investment going down, I think this month is not very friendly with crypto, some people are still very optimistic about the market not in bear season, alts are taking a blow right now, today it seems the marker is coming back slowly, maybe the crypto experts can tell us if we are in a bull trap or just the market reacting to the new covid variant news.
I don’t really think that this is something that has to do with the new covid19 variant. Easier to say that it can be anything, so does that also mean that the other times that the market has gone down as well around last month, that it was also because of the same thing? Because the new variants of covid19 wasn’t announced this month, it was announced some few months back, and maybe it might have affected the market then, but not now.

I just feel that this is the regular up and down movement or price fluctuation. It’s just with time and the market will gather itself back and go up again. At least we have gotten back to $50,000 now as I write. So, with time it will still increase.
Seeing that there is a new variant of covid 19 which now doesn't seem to cause panic like before,
so I don't think it has any impact on current market conditions,
even so we need to analyze it more deeply whether this is just a fluctuation or not
If you look at this latest variant, it has properties that are easy to spread or transmit, but it is not as dangerous as before. I don't think it will affect the cryptocurrency market too much, it's just that the market is bleeding right now and this is triggered by negative news from America, and of course China also does it, especially bitcoin has reached a new ath, of course it needs correction
full member
Activity: 868
Merit: 106
December 11, 2021, 04:15:33 AM
#94
I don't think so, are you new to investing in BTC in the short term and just getting started. if just starting to invest, we can say we are stuck in it, BTC is being corrected. for me this is very reasonable, because it has long been pumped and touched ATH. for investors who have held on to before the BTC pumped up, this is the last remaining opportunity to take profits.
full member
Activity: 1330
Merit: 100
C O M B O
December 11, 2021, 03:23:26 AM
#93
When the market goes down like this is the point to test who is got patient enough to stand the sight of investment going down, I think this month is not very friendly with crypto, some people are still very optimistic about the market not in bear season, alts are taking a blow right now, today it seems the marker is coming back slowly, maybe the crypto experts can tell us if we are in a bull trap or just the market reacting to the new covid variant news.
I don’t really think that this is something that has to do with the new covid19 variant. Easier to say that it can be anything, so does that also mean that the other times that the market has gone down as well around last month, that it was also because of the same thing? Because the new variants of covid19 wasn’t announced this month, it was announced some few months back, and maybe it might have affected the market then, but not now.

I just feel that this is the regular up and down movement or price fluctuation. It’s just with time and the market will gather itself back and go up again. At least we have gotten back to $50,000 now as I write. So, with time it will still increase.
Seeing that there is a new variant of covid 19 which now doesn't seem to cause panic like before,
so I don't think it has any impact on current market conditions,
even so we need to analyze it more deeply whether this is just a fluctuation or not
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
December 11, 2021, 02:41:39 AM
#92
I just feel that this is the regular up and down movement or price fluctuation. It’s just with time and the market will gather itself back and go up again. At least we have gotten back to $50,000 now as I write. So, with time it will still increase.
A sell-off has been happening since last week and we are seeing prices below 50k a lot more frequently now. It is not a bear trap but a bearish trend indeed. We did see a long time in the 50-60k USD range and this is the correction that happened after that stagnation. Possible that bulls turned bearish and sold off coins to recover their investment while other bulls are still supporting at 48k USD.

Whatever be the reason, lets not jump into the easy conclusion of a new variant causing changes in prices. World monetary policies and bank policies have an effect and it can be due to certain countries having more stringent stance towards crypto as of now.
sr. member
Activity: 1694
Merit: 299
December 08, 2021, 03:28:52 PM
#91
When the market goes down like this is the point to test who is got patient enough to stand the sight of investment going down, I think this month is not very friendly with crypto, some people are still very optimistic about the market not in bear season, alts are taking a blow right now, today it seems the marker is coming back slowly, maybe the crypto experts can tell us if we are in a bull trap or just the market reacting to the new covid variant news.
I don’t really think that this is something that has to do with the new covid19 variant. Easier to say that it can be anything, so does that also mean that the other times that the market has gone down as well around last month, that it was also because of the same thing? Because the new variants of covid19 wasn’t announced this month, it was announced some few months back, and maybe it might have affected the market then, but not now.

I just feel that this is the regular up and down movement or price fluctuation. It’s just with time and the market will gather itself back and go up again. At least we have gotten back to $50,000 now as I write. So, with time it will still increase.
legendary
Activity: 2758
Merit: 1228
December 07, 2021, 06:12:07 PM
#90
When the market goes down like this is the point to test who is got patient enough to stand the sight of investment going down, I think this month is not very friendly with crypto, some people are still very optimistic about the market not in bear season, alts are taking a blow right now, today it seems the marker is coming back slowly, maybe the crypto experts can tell us if we are in a bull trap or just the market reacting to the new covid variant news.

These happen every year so its not surprising plus there are manipulators use some issues just to create huge fear to the people and we should watch that since their are certain indicators which tells us that its good to buy at certain point that's why we need to watch how the market starting to move after we see this upsetting bear strike showing to us recently. Maybe they would tell about the situation but expect that many will hype since there are few want to recover back or want to earn again.
tyz
legendary
Activity: 3360
Merit: 1533
December 07, 2021, 12:40:51 PM
#89
I think it was a bear trap. Several factors speak for this.
First of all, the Fear and Greed Index is slowly rising again. Fear is giving way and greed is slowly coming back. In addition, potential interest rate hikes by the central banks are now priced in, both in the crypto space and in the equity space. Even if many do not want to admit it, but the Bitcoin price or crypto prices also depends very much on the stock market and the policy of central banks.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
December 06, 2021, 02:58:20 PM
#88


I do think that one factor that must be considered is the time of the season. It is almost Christmas and I have a gut feeling that most people are withdrawing and cashing out their investments given the current circumstances of the world. In addition to the new variant, this also affected the price that led to most people liquidating their cryptocurrencies. I checked the price and almost all cryptos had their price dropped with an all-time low this year.
Very likely, there are traders and investors who already preparing for the holidays. They are cashing out their funds to use for this upcoming Christmas. Some may already buy gifts and foods for celebration.

Quote

To be honest, this is a good opportunity for investors to purchase more for long-term HODL. Maximize profits by investing into this price in order to have your investments mature overtime.

Good opportunity for long-term holders. The chance to see more falling value is still there, make sure to have a good mindset before
you invest your money.

Do your DYOR it's very important!
full member
Activity: 546
Merit: 148
December 06, 2021, 02:24:54 PM
#87
We could be in the trap of bear and bull market both now.  Grin  Because there is an ambiguity in the market now. It is hard to predict where Bitcoin price will go to soon. For now, the only thing we see is a price movement between 55k dollars and 60k. It would be for our benefit to be careful now not to lose much money. I would prefer a bear trap rather than a bull trap though like everyone would like.

It seems your predictions didn't follow the market movements, this is why I always make sure that I put not a financial advise at the end of my every statement.
In my opinion, I still think we will go side ways and when whales have enough accumulation, they will punk back the market and leave the bears at trap, this is how bitcoin has been doing lately but this pump will come in January  I think. We may even go brrr when US print another excessive dollars.
hero member
Activity: 2520
Merit: 783
December 05, 2021, 11:04:25 AM
#86
Is there any proof to show that Omicron already finds it way into USA? Cos all the news I've been hearing about this virus is in Africa, also I don't think this is why the market is down presently, there will be more crypto bans but best advice is to buy the dips, even el Salvador bought 150 BTC in this dip today
https://www.reuters.com/world/us/six-omicron-cases-reported-nebraska-marking-sixth-us-state-with-variant-2021-12-03/

This was literally the first thing that I have seen when I googled "omricon in usa" and nothing more. I am sure you could do a much better research if you want to, but it is clear that omricon is already in USA. We already have it here, and I am sure its spreading every nation in the world eventually.

The problem with finding new variants scary is the fact that we already have covid-19, which means that we already had this trouble before there was a new variant. So, we need to find a solution, a cure that would help us get better. What we can't really comprehend however is the fact that the vaccination does help with these new variants as well, sometimes even better, sometimes worse but still it is better to be vaccinated then not be vaccinated.

With vaccination numbers not growing because of eventually vaccinated all who want to and can't to those who are anti-vaxx, we are reaching to a level where we just need to wait it all get normal and fine, there isn't much we can do anymore.

I'm not sure that the new variant of the -omricon- virus is the cause of the current price drop
because the mutation of the covid-19 case did not only occur at the beginning of last year but did not make the price experience a correction that was too significant as it is now, or because the virus issue has been detected in the US but until now I have not found any news that causes concern that bitcoin will decline due to the spread of the virus omricon
I think it's too early to say that the cause of the current price drop is due to the newest variant or type of covid, namely Omricon,
I hope this omricon case can only last for a while so it doesn't affect the market later,
the most important thing is to follow the latest news and of course it must be accurate

We don't see more deeper yet that's why we can't say that its totally confirm. But anyways even though there's little chance for something like bear trap or a total bearish season then maybe its good to be secured since its really good to be secured than sorry once the market collapsed so bad.

Maybe for now lets follow the news since maybe we can get a hint from it.
full member
Activity: 1568
Merit: 100
COMBONetwork
December 05, 2021, 09:30:57 AM
#85
Is there any proof to show that Omicron already finds it way into USA? Cos all the news I've been hearing about this virus is in Africa, also I don't think this is why the market is down presently, there will be more crypto bans but best advice is to buy the dips, even el Salvador bought 150 BTC in this dip today
https://www.reuters.com/world/us/six-omicron-cases-reported-nebraska-marking-sixth-us-state-with-variant-2021-12-03/

This was literally the first thing that I have seen when I googled "omricon in usa" and nothing more. I am sure you could do a much better research if you want to, but it is clear that omricon is already in USA. We already have it here, and I am sure its spreading every nation in the world eventually.

The problem with finding new variants scary is the fact that we already have covid-19, which means that we already had this trouble before there was a new variant. So, we need to find a solution, a cure that would help us get better. What we can't really comprehend however is the fact that the vaccination does help with these new variants as well, sometimes even better, sometimes worse but still it is better to be vaccinated then not be vaccinated.

With vaccination numbers not growing because of eventually vaccinated all who want to and can't to those who are anti-vaxx, we are reaching to a level where we just need to wait it all get normal and fine, there isn't much we can do anymore.

I'm not sure that the new variant of the -omricon- virus is the cause of the current price drop
because the mutation of the covid-19 case did not only occur at the beginning of last year but did not make the price experience a correction that was too significant as it is now, or because the virus issue has been detected in the US but until now I have not found any news that causes concern that bitcoin will decline due to the spread of the virus omricon
I think it's too early to say that the cause of the current price drop is due to the newest variant or type of covid, namely Omricon,
I hope this omricon case can only last for a while so it doesn't affect the market later,
the most important thing is to follow the latest news and of course it must be accurate
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