Bitcoin Bullish period and advantage. - page 3.

Smartvirus

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Quote from: betswift on August 08, 2024, 04:33:47 AM

Sticking to a plan and not falling for someone else's perspective is key to self-improvement. We should strive to become better at analyzing the factors that are worth our efforts (how and why news affects the market, why we shouldn't go after the crowd which panics a lot out of nothing, the flow of smart money and the moves from big hands, and many more).

Investors and traders see perfection in the works of someone else presumed to be more experienced or better at analyzing the market than themselves.
Well, there are these said person, people that would always be better than yourself at certain things, not limited to coming up with chart analysis and how to work the market.
In the midst of all that, you ought to do your best not to undervalue or see no sense in your analysis. Try them out, fail if you have to as, it’s in those failures, those mistakes that you learn. That’s how you build experience. Having yo identify reasons to success and failure in the analysis you make.

laijsica

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Quote from: piebeyb on September 09, 2024, 11:05:02 AM

Quote from: justdimin on August 23, 2024, 02:02:01 PM

Quote from: Iranus on August 22, 2024, 10:11:26 AM

With the previous 3 halvings, the market has gone up and bitcoin has increased thousands of percent after each halving, and I still hope history can repeat itself again. But to be fair, we have no guarantees that the cycle will repeat itself again, and the halving will still be a factor in bitcoin price increases. For now, we're still waiting for that to happen, but there's no guarantee so I don't think we should claim that just holding bitcoin after the halving will make everyone profitable.

I hope 4 year cycle repeats but I don't rule out the scenario that it probably won't happen because we saw bitcoin hit an ATH before the halving and that has never happened before. Things are gradually changing, so don't be too subjective.

But I agree with you that holding for long can help us profit because bitcoin demand is increasing over time even without halving.

There was never a guarantee that the cycle will happen, not now and not ever but it did happen before and I believe that we are going to probably see it again. Not everyone will invest based on that, there are times when it is not that clear and we could have some issues with time, but that doesn't mean that we are going to end up with the same result each time. We need to remember that it is going to be a hard period because it's clear that we are not going to make a profit based on a new cycle, that is very hard to happen.

What we are going to do is a situation where it will definitely go up just like the old days and we are going to make a profit like that. If you keep on waiting for something new to happen, then you might be wrong and that may not result with what you want to achieve. However, if you do end up investing into it like you want to invest into it, then the results will be a lot better and you could do something much greater, because it has happened like that before and could happen again.

I often discuss about the 4-year cycle where every halving of course the supply of bitcoins printed will be less from the mining results because that's why the increase in the price of bitcoin often occurs after every halving, I think we all know that this cycle will definitely happen again but no one knows when it will happen whether now or next year, even so everyone must be ready to accept all risks if this cycle does not happen again, always make sure that people must also understand that investing in bitcoin cannot bring quick profits, this investment is full of risks and must be long-term.

Exectly. An investor should tailor his investment plan according to Bitcoin's four-year cycle and focus on holdings accordingly. The halving trend can cause volatility among investors but if an investor accumulates bitcoins at regular intervals, he can avoid the fear of bitcoin halving. The three-week cycle following Bitcoin's halving is called the danger zone. Bitcoin's downtrend continues to lead to historical re-accumulation.

When it comes to investing in Bitcoin, you can check the greed index and the fear index among investors.

Popular crypto analyst "rekt capital" analyzed the halving and Bitcoin price in his X post as below:

https://x.com/rektcapital/status/1833257390944248038

piebeyb

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Quote from: justdimin on August 23, 2024, 02:02:01 PM

Quote from: Iranus on August 22, 2024, 10:11:26 AM

With the previous 3 halvings, the market has gone up and bitcoin has increased thousands of percent after each halving, and I still hope history can repeat itself again. But to be fair, we have no guarantees that the cycle will repeat itself again, and the halving will still be a factor in bitcoin price increases. For now, we're still waiting for that to happen, but there's no guarantee so I don't think we should claim that just holding bitcoin after the halving will make everyone profitable.

I hope 4 year cycle repeats but I don't rule out the scenario that it probably won't happen because we saw bitcoin hit an ATH before the halving and that has never happened before. Things are gradually changing, so don't be too subjective.

But I agree with you that holding for long can help us profit because bitcoin demand is increasing over time even without halving.

There was never a guarantee that the cycle will happen, not now and not ever but it did happen before and I believe that we are going to probably see it again. Not everyone will invest based on that, there are times when it is not that clear and we could have some issues with time, but that doesn't mean that we are going to end up with the same result each time. We need to remember that it is going to be a hard period because it's clear that we are not going to make a profit based on a new cycle, that is very hard to happen.

What we are going to do is a situation where it will definitely go up just like the old days and we are going to make a profit like that. If you keep on waiting for something new to happen, then you might be wrong and that may not result with what you want to achieve. However, if you do end up investing into it like you want to invest into it, then the results will be a lot better and you could do something much greater, because it has happened like that before and could happen again.

I often discuss about the 4-year cycle where every halving of course the supply of bitcoins printed will be less from the mining results because that's why the increase in the price of bitcoin often occurs after every halving, I think we all know that this cycle will definitely happen again but no one knows when it will happen whether now or next year, even so everyone must be ready to accept all risks if this cycle does not happen again, always make sure that people must also understand that investing in bitcoin cannot bring quick profits, this investment is full of risks and must be long-term.

LUCKMCFLY

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Quote from: tygeade on August 29, 2024, 08:05:21 AM

I believe that we are going to see bitcoin keep getting more and more attentions, we just need to make sure that none of them is that terrible, it has to be something decent, and we could make this work if we know what we are doing, many people don't know what they are doing.

Exactly and that is one of the things that we should know how to read, for example right now for a long time I have not been clear about what the bitcoin market can do, my desires will always be to go higher, the price always up, but in what I have seen when I am not clear about what can happen in the market, I leave a time without operating, and it is the best, because in the market when I have a good vision I operate, and only in that way is that I take risks , the rest I do not do it, I always use the Wyckoff method, however even so I have not had much clarity.

Dave1

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Quote from: bestcoins1 on August 31, 2024, 06:14:06 AM

Quote from: laijsica on August 31, 2024, 02:06:58 AM

Yes, the availability of ETFs is influencing the price of Bitcoin to rise further as investors view their money flows more positively as well as focus on holdings. If more countries approve ETFs, Bitcoin's price can be held in a more upward trend, and the price increase should not depend only on ETF approvals. The increase in the value of Bitcoin is associated with an increase in its demand and reflects the desire of new investors and an increase in the flow of money by institutional and non-institutional investment firms.
Buying opportunities should be taken from price corrections in the market at various times as well as regular buying in uptrend which can further boost the confidence of the holders. I think the investors should be patience and wait for more time till the portfolio reaches a decent size besides sanctioning regular buying.

All of these sectors do have an influence on the increase in the price of Bitcoin although the level of influence of some of the things you mentioned can vary greatly. Because any investor actually also sees several important sectors that can affect the price of Bitcoin in the market before they buy and invest for the long term although they must all still be quite aware that at the level of buying and demand for Bitcoin in the market at any time it can also move the price from time to time in Bitcoin itself. However, the ETF issue also needs to be investigated in depth in order to find out how many countries currently agree with Bitcoin.

They can, in my opinion, those are whales and institutions, and they can influence and move the price. Although others might disagree, but we all know that the market reacts to every news that we have, specially geo political things not just in the US but around the world as well, like the ongoing war and the potential war in the background.

And that's why the market is very volatile as well, really hard to see where the price is going to be. When we thought that four months after the halving, the price could have been swinging and yet we are stuck and trading sideways and it looks the the market is very bearish. So we will have to wait and see, the US will have the Presidential election and so this could be a swing or bullish for us if the winner will be pro-crypto.

bestcoins1

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Quote from: laijsica on August 31, 2024, 02:06:58 AM

Yes, the availability of ETFs is influencing the price of Bitcoin to rise further as investors view their money flows more positively as well as focus on holdings. If more countries approve ETFs, Bitcoin's price can be held in a more upward trend, and the price increase should not depend only on ETF approvals. The increase in the value of Bitcoin is associated with an increase in its demand and reflects the desire of new investors and an increase in the flow of money by institutional and non-institutional investment firms.
Buying opportunities should be taken from price corrections in the market at various times as well as regular buying in uptrend which can further boost the confidence of the holders. I think the investors should be patience and wait for more time till the portfolio reaches a decent size besides sanctioning regular buying.

All of these sectors do have an influence on the increase in the price of Bitcoin although the level of influence of some of the things you mentioned can vary greatly. Because any investor actually also sees several important sectors that can affect the price of Bitcoin in the market before they buy and invest for the long term although they must all still be quite aware that at the level of buying and demand for Bitcoin in the market at any time it can also move the price from time to time in Bitcoin itself. However, the ETF issue also needs to be investigated in depth in order to find out how many countries currently agree with Bitcoin.

laijsica

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Quote from: tygeade on August 29, 2024, 08:05:21 AM

Quote from: mich on August 28, 2024, 01:41:09 AM

Well I did just read of some 'bullish' news for investors. The Nasdax stock exchange has said it wants to offer Bitcoin index options. And now it just does need approval of the sec for it to happen.
This will make the price of Bitcoin moon I think. If there is investors that is buying Bitcoin and not stocks we will see alot of money coming into the market.

Considering ETF is available right now, I do not think that bitcoin index would be all that bad neither, and I do not think that it would be that much better for us, because the money wouldn't go into bitcoin itself, but it is still a good thing that there are eyes on bitcoin for the right reasons and not for just banning something or just making harder regulations. Look at the %30 energy tax, that is eyes on bitcoin too, but in a bad way, this one isn't.

I believe that we are going to see bitcoin keep getting more and more attentions, we just need to make sure that none of them is that terrible, it has to be something decent, and we could make this work if we know what we are doing, many people don't know what they are doing.

Yes, the availability of ETFs is influencing the price of Bitcoin to rise further as investors view their money flows more positively as well as focus on holdings. If more countries approve ETFs, Bitcoin's price can be held in a more upward trend, and the price increase should not depend only on ETF approvals. The increase in the value of Bitcoin is associated with an increase in its demand and reflects the desire of new investors and an increase in the flow of money by institutional and non-institutional investment firms.
Buying opportunities should be taken from price corrections in the market at various times as well as regular buying in uptrend which can further boost the confidence of the holders. I think the investors should be patience and wait for more time till the portfolio reaches a decent size besides sanctioning regular buying.

tygeade

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Quote from: mich on August 28, 2024, 01:41:09 AM

Well I did just read of some 'bullish' news for investors. The Nasdax stock exchange has said it wants to offer Bitcoin index options. And now it just does need approval of the sec for it to happen.
This will make the price of Bitcoin moon I think. If there is investors that is buying Bitcoin and not stocks we will see alot of money coming into the market.

Considering ETF is available right now, I do not think that bitcoin index would be all that bad neither, and I do not think that it would be that much better for us, because the money wouldn't go into bitcoin itself, but it is still a good thing that there are eyes on bitcoin for the right reasons and not for just banning something or just making harder regulations. Look at the %30 energy tax, that is eyes on bitcoin too, but in a bad way, this one isn't.

I believe that we are going to see bitcoin keep getting more and more attentions, we just need to make sure that none of them is that terrible, it has to be something decent, and we could make this work if we know what we are doing, many people don't know what they are doing.

Boron19

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Walking all day just relieved of the day meticulous activity, and thought to give a short to the push up because btc must improve even more than $100k , I have been so engrossed by the power of a significant rise in btc this year which entails the power emerged in a significant turn up and bullish rate this year. The world of crypto, have significantly increase the courage of cryptopreneurs, and have enabled more investors world wide boosting the economy of digital currency and maximizing the potential of cryptography to a more recogn asset which will optimally take over the use of fait currency and bring a more strength in circulation of wealth and access to unlimited resources both digitally and environmental development harnessing the digital power and accountability of human effort to generate efficient and effective drive of strong economy world wide.

mich

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Well I did just read of some 'bullish' news for investors. The Nasdax stock exchange has said it wants to offer Bitcoin index options. And now it just does need approval of the sec for it to happen.
This will make the price of Bitcoin moon I think. If there is investors that is buying Bitcoin and not stocks we will see alot of money coming into the market.
https://www.reuters.com/technology/nasdaq-seeks-sec-approval-bitcoin-index-options-2024-08-27/

justdimin

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Quote from: Iranus on August 22, 2024, 10:11:26 AM

With the previous 3 halvings, the market has gone up and bitcoin has increased thousands of percent after each halving, and I still hope history can repeat itself again. But to be fair, we have no guarantees that the cycle will repeat itself again, and the halving will still be a factor in bitcoin price increases. For now, we're still waiting for that to happen, but there's no guarantee so I don't think we should claim that just holding bitcoin after the halving will make everyone profitable.

I hope 4 year cycle repeats but I don't rule out the scenario that it probably won't happen because we saw bitcoin hit an ATH before the halving and that has never happened before. Things are gradually changing, so don't be too subjective.

But I agree with you that holding for long can help us profit because bitcoin demand is increasing over time even without halving.

There was never a guarantee that the cycle will happen, not now and not ever but it did happen before and I believe that we are going to probably see it again. Not everyone will invest based on that, there are times when it is not that clear and we could have some issues with time, but that doesn't mean that we are going to end up with the same result each time. We need to remember that it is going to be a hard period because it's clear that we are not going to make a profit based on a new cycle, that is very hard to happen.

What we are going to do is a situation where it will definitely go up just like the old days and we are going to make a profit like that. If you keep on waiting for something new to happen, then you might be wrong and that may not result with what you want to achieve. However, if you do end up investing into it like you want to invest into it, then the results will be a lot better and you could do something much greater, because it has happened like that before and could happen again.

Iranus

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Quote from: GigaBit on August 21, 2024, 11:54:45 PM

By looking at the cycles of Bitcoin halving, we can easily know the halving benefits of Bitcoin holders. Anyone who has held Bitcoin for a long period of time has received the highest price at that time and Bitcoin holders could easily profit if they sold their holdings, and if they tried to hold for the long term instead of doing so, they could have profited. A Bitcoin holder gets that opportunity continuously and will continue to get it in the future as the halving of Bitcoin every four years helps to increase the price. Anyone who is a long-term Bitcoin holder will definitely get a chance to make profit. And the most true thing is that everyone who has worked as a Bitcoin holder has benefited.

With the previous 3 halvings, the market has gone up and bitcoin has increased thousands of percent after each halving, and I still hope history can repeat itself again. But to be fair, we have no guarantees that the cycle will repeat itself again, and the halving will still be a factor in bitcoin price increases. For now, we're still waiting for that to happen, but there's no guarantee so I don't think we should claim that just holding bitcoin after the halving will make everyone profitable.

I hope 4 year cycle repeats but I don't rule out the scenario that it probably won't happen because we saw bitcoin hit an ATH before the halving and that has never happened before. Things are gradually changing, so don't be too subjective.

But I agree with you that holding for long can help us profit because bitcoin demand is increasing over time even without halving.

GigaBit

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Quote from: Fara Chan on August 11, 2024, 04:59:02 AM

Quote from: laijsica on August 10, 2024, 11:49:37 PM

The decision to stick with Bitcoin holdings tends to increase your profits in the future. Tendency to continue buying and taking care of holdings in any bearish or bullish market. This should make it more useful to base your decisions on the sentiments of people at different levels of market sentiment as everyone may have different investment objectives. But you should continue to make consistent buy considering the surrounding conditions, which gradually fills a full circle from bitcoin fractions. And for this you should choose a cycle of long duration.

Choosing a cycle with a long duration will always be suitable for people who like to invest in Bitcoin because from what I have seen in several cycles in Bitcoin, it has always been more profitable for people who have consistently bought when the price was still low and then invested it in the long term. So that can be a good example for everyone who still continues to do something like that for now without having any hesitation in buying in conditions like this. And I also still want to stick with Bitcoin investments even though I also like to trade with other coins in the market for the short term.

By looking at the cycles of Bitcoin halving, we can easily know the halving benefits of Bitcoin holders. Anyone who has held Bitcoin for a long period of time has received the highest price at that time and Bitcoin holders could easily profit if they sold their holdings, and if they tried to hold for the long term instead of doing so, they could have profited. A Bitcoin holder gets that opportunity continuously and will continue to get it in the future as the halving of Bitcoin every four years helps to increase the price. Anyone who is a long-term Bitcoin holder will definitely get a chance to make profit. And the most true thing is that everyone who has worked as a Bitcoin holder has benefited.

Marvell1

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Quote from: justdimin on August 20, 2024, 04:49:51 AM

Quote from: Marvell1 on August 19, 2024, 09:04:19 AM

Trading sounds simple, we just need to buy when the price dip and sell when the price increases. But the question is how do we know when prices will decrease and when prices will increase? What guarantees that when we buy, the price will stop falling and prepare to reverse? Many people also try this strategy, thinking that by doing so they can make profits or easily increase their bitcoin holdings. But the truth is not that simple, most lose money and even miss a big price increase.
I also have friends who fall into this situation, they sell when the price increases and wait for a correction to happen to buy in, but unfortunately bitcoin suddenly skyrockets beyond their expectations. As a result, they have to buy bitcoin at a higher price than they sold it for fear of missing the train.

In my opinion, there is no method that brings better results than the DCA strategy and holding until the goal is achieved.

Well you do not know when it will decrease, but you know when it's decreased, and you do not know when it will go up, but you know when it's up, isn't that enough? Think about it, if the price is around 60k right now, that means if it goes down to 50k, it's perfect time to buy, and if it goes back to 60k then you are free to sell. Doesn't mean that it won't go down more or go up more, those things can happen but you made your profit and that's the only thing that matters. That's what you just have to do there is nothing else you have to worry about.

I personally believe that we are going to make a good profit if we know what we are doing and there is no need for anything else, we just have to focus on making that type of profit.

Bitcoin is currently trading in the $60K region and what will happen next, do you know? Will it continue to decrease or will it continue to increase from now on? What will you do next if the price bounces back from now and doesn't drop to $50k as you expected? Will you continue to wait in vain or will you have to buy bitcoin for $70k just because you bargained too much with the market?

That's what I want to say, trading is not simple, if making profits from trading is so easy then why do so many people lose money and even stay away from it. I still maintain my opinion, DCA and long-term holding is the best strategy if we want to make huge profits in this market.

betswift

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Quote from: EarnOnVictor on August 20, 2024, 08:28:12 PM

Quote from: betswift on August 08, 2024, 04:33:47 AM

Sticking to a plan and not falling for someone else's perspective is key to self-improvement.

I would have loved your statement but it's not without a fault. Fine, it is good to follow your trading perspective and plans to avoid distractions, but that is only good and honourable when they are working. If they are not, I bet you need to reach out to others you know they are better than you. This was what I did that made me a better trader too, we may not make it if we rely on our trading views and wisdom alone.

Many are on the forum I naturally know they are still in need of a tutor as there is no way they can make it in trading with the wrong ideology they carry about. Telling such people to stick to their motives is like telling them to continue failing.

What I meant is what you said exactly - mistakes will be made, and it's great if you have a tutor of sorts, but if not - you yourself should see the problems arising and try to solve them. That's harder for sure, but you will become experienced nevertheless.

tygeade

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Quote from: AirtelBuzz on August 20, 2024, 05:42:01 AM

Quote from: rhodelmabanal on August 17, 2024, 05:39:04 AM

We cant deny it, most of the investors is tempted to sell during dip when they saw thier portfolios losses 50% of its value it is because we have fear, instead of buying more coins they are tempted to sell because they think that dropping of price continue and they don't want thier funds to be loss forever, this is the reason why most of the investors loss and only few percent of them earn.

They will suffer the most when they sell their investment for fear of further losses because if they had been able to hold it patiently for a long time it might have recovered and made a profit. That is why we should acquire proper knowledge about investments before investing, And we should control our emotions while investing.

As you mentioned, if an investor's portfolio loses 50 percent in value, it is a matter of concern. In this situation, bad thoughts will arise in everyone's mind and even they will be tempted to sell it. But if they can patiently hold the investment like a seasoned investor during this tough period then they will see success when the price of Bitcoin increases. Instead of getting upset during the market dip season, one should take the opportunity to buy coins at low prices using the funds close at hand, which can give the investor the desired results if the price rises later.

That is basically the most newbie move that anyone could make in the crypto world, if you know crypto then you know that it always recovers and because of this I feel like we should not be worried about it. I get that it may not feel like it's something we can argue against, it's definitely something we are not really worried about, just let it be and we are going to end up with a good return if we know what we are doing and this is why we do not sell and we hold as long as we possibly could, that makes things a lot better.

We are going to probably see a much better result with time, we just need to focus on whatever we can do for the short term and in this period we may need to hold for long term and ignore short term.

EarnOnVictor

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Quote from: betswift on August 08, 2024, 04:33:47 AM

Sticking to a plan and not falling for someone else's perspective is key to self-improvement.

I would have loved your statement but it's not without a fault. Fine, it is good to follow your trading perspective and plans to avoid distractions, but that is only good and honourable when they are working. If they are not, I bet you need to reach out to others you know they are better than you. This was what I did that made me a better trader too, we may not make it if we rely on our trading views and wisdom alone.

Many are on the forum I naturally know they are still in need of a tutor as there is no way they can make it in trading with the wrong ideology they carry about. Telling such people to stick to their motives is like telling them to continue failing.

AirtelBuzz

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Quote from: rhodelmabanal on August 17, 2024, 05:39:04 AM

Quote from: laijsica on May 22, 2024, 06:57:09 AM

Some investors are generally interested in buying more BTC at DIP prices and tend to sell during bullish times. But holding is more important because it will happen again and again when ATH is observed in the market with gap of few months. A bullish period is characterized by overall market optimism and expectations of higher performance for the future. Even offers higher returns than bearish ones. A bull market usually reflects the utmost confidence of investors that a person can align their investments in this positive trend. Increasing market value makes investors optimistic about the positive loop. These positive market conditions may prevent investors from being psychologically tempted to sell BTC. It can even discourage selling during market downturns. Many investment firms can build potential wealth by investing more during periods of BTC price appreciation.

We cant deny it, most of the investors is tempted to sell during dip when they saw thier portfolios losses 50% of its value it is because we have fear, instead of buying more coins they are tempted to sell because they think that dropping of price continue and they don't want thier funds to be loss forever, this is the reason why most of the investors loss and only few percent of them earn.

They will suffer the most when they sell their investment for fear of further losses because if they had been able to hold it patiently for a long time it might have recovered and made a profit. That is why we should acquire proper knowledge about investments before investing, And we should control our emotions while investing.

As you mentioned, if an investor's portfolio loses 50 percent in value, it is a matter of concern. In this situation, bad thoughts will arise in everyone's mind and even they will be tempted to sell it. But if they can patiently hold the investment like a seasoned investor during this tough period then they will see success when the price of Bitcoin increases. Instead of getting upset during the market dip season, one should take the opportunity to buy coins at low prices using the funds close at hand, which can give the investor the desired results if the price rises later.

betswift

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Quote from: rhodelmabanal on August 17, 2024, 05:39:04 AM

Quote from: laijsica on May 22, 2024, 06:57:09 AM

Some investors are generally interested in buying more BTC at DIP prices and tend to sell during bullish times. But holding is more important because it will happen again and again when ATH is observed in the market with gap of few months. A bullish period is characterized by overall market optimism and expectations of higher performance for the future. Even offers higher returns than bearish ones. A bull market usually reflects the utmost confidence of investors that a person can align their investments in this positive trend. Increasing market value makes investors optimistic about the positive loop. These positive market conditions may prevent investors from being psychologically tempted to sell BTC. It can even discourage selling during market downturns. Many investment firms can build potential wealth by investing more during periods of BTC price appreciation.

We cant deny it, most of the investors is tempted to sell during dip when they saw thier portfolios losses 50% of its value it is because we have fear, instead of buying more coins they are tempted to sell because they think that dropping of price continue and they don't want thier funds to be loss forever, this is the reason why most of the investors loss and only few percent of them earn.

Self-discipline is key here. When we see red, we shouldn't be encouraged to leave our red bags behind. The bounce back (especially on BTC) is inevitable. It's just a matter of time.

justdimin

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Quote from: Marvell1 on August 19, 2024, 09:04:19 AM

Trading sounds simple, we just need to buy when the price dip and sell when the price increases. But the question is how do we know when prices will decrease and when prices will increase? What guarantees that when we buy, the price will stop falling and prepare to reverse? Many people also try this strategy, thinking that by doing so they can make profits or easily increase their bitcoin holdings. But the truth is not that simple, most lose money and even miss a big price increase.
I also have friends who fall into this situation, they sell when the price increases and wait for a correction to happen to buy in, but unfortunately bitcoin suddenly skyrockets beyond their expectations. As a result, they have to buy bitcoin at a higher price than they sold it for fear of missing the train.

In my opinion, there is no method that brings better results than the DCA strategy and holding until the goal is achieved.

Well you do not know when it will decrease, but you know when it's decreased, and you do not know when it will go up, but you know when it's up, isn't that enough? Think about it, if the price is around 60k right now, that means if it goes down to 50k, it's perfect time to buy, and if it goes back to 60k then you are free to sell. Doesn't mean that it won't go down more or go up more, those things can happen but you made your profit and that's the only thing that matters. That's what you just have to do there is nothing else you have to worry about.

I personally believe that we are going to make a good profit if we know what we are doing and there is no need for anything else, we just have to focus on making that type of profit.

Topic: Bitcoin Bullish period and advantage. - page 3. (Read 1816 times)