We take profit and each one should have their strategies. Holding is something we do early and not after the market has reached two and a half trillion dollars. This was the target and we are in a wait and see zone, ready for anything. We will earn more if it goes up, so I'm not trying to push a bearish agenda, I wish this bull run to continue for years, but I also know that this isn't going to last more than just a few months.
We already know that a lot of vaporware is valued at market caps of billions that is unfounded and unreasonable. Most of coins and tokens will suffer for a while, but we will keep being part of this, at least some of us, and be here no matter what.
Topic: Avoid been carried away, it's never going to be bullish forever - page 3. (Read 872 times)
If we are to take every profit too often, then what is the point of making an investment? As long as you are a short-term investor and your aim is to make good daily profits, I understand. But HODLing is the most profitable way if you're a patient person and everyone knows that.
I believe the market will not be forever bullish, but lately I see the market movement is very normal and has the potential to be even bigger than it is today, because every major correction can always be recovery well in just a few days. I think the current bull market will continue until the end of the year.
I am unperturbed with the present state of the market though is in red now having very bullish some weeks ago however this is not first the market will experience such correction neither will it be the last, I have been in this forum since 2017 there have been series of panicking whenever price get corrected, people sending all sorts of FUDs to newbies who invariably dump their coins due to panic of course price movement is a one way traffic whatever goes up must come down, after corrections the price will returns to it bullish sentiment till the end of 2021 
Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart
No matter how many times you tell people to take profit, they wont take profit. The reason for this is that people are greedy, they think that the bull run will not be over till bitcoin reaches 300,000$, so they do not want to sell at this time and miss out of big gains.
Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle
Yes we should take profit this scenario is nothing new there's always corrections and dips along the way if you are a long time investor you have seen this a thousand times, the market is still good compared last year, we should take this as an opportunity to add more in our portfolios, I don't think we are going to have a repeat of the 2017 scenario, we should be good until next year.
I believe the market will not be forever bullish, but lately I see the market movement is very normal and has the potential to be even bigger than it is today, because every major correction can always be recovery well in just a few days. I think the current bull market will continue until the end of the year.
I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart
There are expected levels of bullish trend and I'm sure that we are not even half of that. So, it might be too early to think about booking profits even you are talking about altcoins. Moreover altcoins are known for continuing its bull run regardless of bitcoin will be finishing off its bullish mode and staying sideways. So, definitely this cannot be the right time to book profits in altcoins. We just need to be more patient in coming weeks so that we could track that where bitcoin will be heading and based on that we may take some decision for part of our holding (I mean this cannot be the right time to book profits for all 100% of altcoin holding).
What is clear in trading as well as investing you have to do technical analysis is an important thing. we can't buy just looking at the price without doing analysis. the importance of doing an analysis you can determine when to buy or sell because of course if we don't do this we will not benefit and will not believe it. it will get you carried away with the atmosphere as well as the news. People who are new to crypto on average cannot analyze the market
Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart
How dangerous can this market get when we have institutions coming into it, already? You're just overreacting because of the precedent of 2017. Remember, in 2017 the crypto growth wasn't as expanded as we have it now. Then it was more of individuals buying. Now we have institutions buying in. Quite alright, the corrections will come but I don't believe it will be that heavy as we had it in the past. BTW, we are still in the post Bitcoin halving year and if we should go by your fear of what happened in 2017, then I think we should be looking at December for any Bitcoin descend to begin. In 2017, it happened in December. 
Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart
The current drop in the cryptocurrency market is another confirmation of the cyclical movement of prices in this market, as well as the fact that prices on it cannot rise for too long. During the period of growth, there will be a decline, and this should always be remembered. Therefore, periodically you need to fix your profits, if possible. Better then to buy at low prices than just watch the rise and fall of prices in this market.Therefore, at the same time, one should not panic. After a while, the price will go up again.
But indeed if worst come to worst and bearish market is really coming since many people have said that it's happening every 4 years then our best course of action is to buy instead, just see the bullrun right now compared to year before, it seems the bullrun just becoming larger and larger.
I know the anxiety you feel. I also feel that way all the time. however, don't just watch the price drop. How are you prepared when prices go up this year? to be honest i also really missed the train that was going on. it is good advice anyway, but I will probably try to take the right steps for now.
Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart
The current drop in the cryptocurrency market is another confirmation of the cyclical movement of prices in this market, as well as the fact that prices on it cannot rise for too long. During the period of growth, there will be a decline, and this should always be remembered. Therefore, periodically you need to fix your profits, if possible. Better then to buy at low prices than just watch the rise and fall of prices in this market.Therefore, at the same time, one should not panic. After a while, the price will go up again.
I see people around me, who are overpositive and I don`t understand them. I was a witness of the past cryptowinter and I know how much assets can fall after bullruns. For now I have sold all dubious coins and prefer to get passive income from staking and joining new prospective ICOs. Many people lose their mind, when they see such tremendous growth, don`t be one of them, bull market will end sooner or later and the smartest move for now is to start taking profit right now
You are driving your funds in the safest way possible. It was really a good idea and we don't need to fool ourselves thinking about HOLD and HOLD because that seems not so helpful always. Selling doesn't mean that we are panic (weak hands), but this is because we are smarter than the others. In fact, many people had suffered regrets last 2017 because of the word HODL. It doesn't make sense now and we must be thinking wisely, and you did it right.
At the end of the day, it is on your hands what you want to do with your funds. So I don't criticize others for early selling as they have plans on their own. Who knows, they can get more profit with their strategies. So in this market, don't judge people as we don't know what they are thinking. Just take care of your own business.
We can read a lot of suggestions here, but it is still up to you how you will react on these countless pieces of advice. It is for you to gauge your financial situation. Because you are the only one who knows your actual financial status. And that is for you to consider on every decision that you will make on this market.
I see people around me, who are overpositive and I don`t understand them. I was a witness of the past cryptowinter and I know how much assets can fall after bullruns. For now I have sold all dubious coins and prefer to get passive income from staking and joining new prospective ICOs. Many people lose their mind, when they see such tremendous growth, don`t be one of them, bull market will end sooner or later and the smartest move for now is to start taking profit right now
You are driving your funds in the safest way possible. It was really a good idea and we don't need to fool ourselves thinking about HOLD and HOLD because that seems not so helpful always. Selling doesn't mean that we are panic (weak hands), but this is because we are smarter than the others. In fact, many people had suffered regrets last 2017 because of the word HODL. It doesn't make sense now and we must be thinking wisely, and you did it right.
I see people around me, who are overpositive and I don`t understand them. I was a witness of the past cryptowinter and I know how much assets can fall after bullruns. For now I have sold all dubious coins and prefer to get passive income from staking and joining new prospective ICOs. Many people lose their mind, when they see such tremendous growth, don`t be one of them, bull market will end sooner or later and the smartest move for now is to start taking profit right now
This is certain that we cannot be going bullish forever but in my own opinion, this is not an end to this bull run. Everything that is happening is just a minor correction which we are going to experience a new wave from next week upward
Bitcoin won't always at its peak season and that's definitely a sure thing. It will start falling its price again due to its high volatility. But bitcoin at the moment has made its foundation stronger due to its huge support from institutional investors so the scenario will be totally different from 2017. Bitcoin won' fall deeply this time and the way i see it, its bound to reach another peak again after it recovers.
Take profit is only for people which does not believe bitcoin is the future or people who trade daily. If you believe bitcoin will be the next store of value replacing gold, you will hold and not selling it untill it reach the vision and misiion.
This is certain that we cannot be going bullish forever but in my own opinion, this is not an end to this bull run. Everything that is happening is just a minor correction which we are going to experience a new wave from next week upward
Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, ~
There is big difference between 2017 and present crypto market condition. Now cryptocurrency got huge adoption around the world. Many big companies has invested in crypto, specially in bitcoin. They haven't entered in the crypto market to make a profit in the short term. Although we shouldn't expect a bullish trend forever but don't get panic with a market correction. It's upto you if wish to take a profit in short term. But crypto market have long way to go. Maybe your sell point will be the lower market range in future.
The current situation allows me to make a better profit than 2017, the bear market may come later than we expected, but I will enjoy this moment and continue to trade, there is always a risk when the crypto market is bullish and when the bear market arrives, we can hold most of the coins for long term investment
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