Topic: Bull or bull trap - page 13. (Read 2087 times)
This rally seems like a bull rally to me and this is just the start of it. I'm a person that is basing on different opinions of many expert in trading. But whenever I see some tradingview from experts, they are saying that this is a bull market for them.
Why doubt the power of bitcoin?
Well, if you are really confused with what is happening and still in doubt then you could always withdraw if there is already profit.
Don't get too much greedy or you will suffer.
The thing is some users here are dependent with the daily profits. But if you are not then, you could just let it stay. Bitcoin will still go up and I have no doubt about that.
Just be careful with exchanges though. They are kind of holding some withdrawals since the bitcoin price pumped. I have experienced one just recently and is now 2 days pending.
Well, if you are really confused with what is happening and still in doubt then you could always withdraw if there is already profit.
Don't get too much greedy or you will suffer.
The thing is some users here are dependent with the daily profits. But if you are not then, you could just let it stay. Bitcoin will still go up and I have no doubt about that.
Just be careful with exchanges though. They are kind of holding some withdrawals since the bitcoin price pumped. I have experienced one just recently and is now 2 days pending.
I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
there are some people that predicting that the ATH will be pass this bull run so if you are confused you can hold 50% of your bitcoins and the other if you want you can cash it out so whatever the outcome of the price you wont regret it.
dont be confuse, you can make a profit and everything that you can earn put it as holdings so that you wont regret whatever the result is, if the price drops you capital is still there and when the price raise you capital is still there and you also had a profit to be hold.
No one can answer that, it's your own decision to think and assess how things will be going, the market volatility will always brings doubts and you need to be firmed whenever you make your decisions, be calm and keep analyzing the situations and decide after you are fully convinced of your next assessment, in that way you wont regret anything.
Most people over-think the situations, as that's something not to do and is why we often see people struggle. We have to learn to keep things simple and avoid getting into that complicated zone, as that's not helpful for anyone. If it's bull now, just enjoy it.
Why are you so confused?
It depends on what you want to do.
I think if you see you can take profit, then I suggest you take the profit before the price is down deeper.
You don't have to worry if somehow the price increases after you take the profit because you still get the profit without having a loss.
I know that many of us still suffered lots of losses from the last year and now, we see that many of coin can increase and some of them can pass the buy price we made.
So when the price now can pass the buy price, it is better to sell some amount to get your balance first and wait for another higher price, and you can sell the other amount to take another profit.
It depends on what you want to do.
I think if you see you can take profit, then I suggest you take the profit before the price is down deeper.
You don't have to worry if somehow the price increases after you take the profit because you still get the profit without having a loss.
I know that many of us still suffered lots of losses from the last year and now, we see that many of coin can increase and some of them can pass the buy price we made.
So when the price now can pass the buy price, it is better to sell some amount to get your balance first and wait for another higher price, and you can sell the other amount to take another profit.
I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
there are some people that predicting that the ATH will be pass this bull run so if you are confused you can hold 50% of your bitcoins and the other if you want you can cash it out so whatever the outcome of the price you wont regret it.
Easily bull, something that went up from 3500 to over 8 thousand dollars can't be a bull trap, the whole idea of bull trap is going a bit high and getting people to buy from those prices and then selling all together to both make them lose and then gain yourself.
If someone took the price from 3500 prices to over 8 thousand dollars just so they could sell all their money and gain profits from it while others are losing then he must have millions of dollars and thousands of bitcoins and I doubt people at that height deal with this day to day movements of bitcoin that much to actually do those small stuff. This was a legit bull run and hopefully it will continue but even if it doesn't that will not mean it was a bull trap for sure since its against the whole idea of it.
If someone took the price from 3500 prices to over 8 thousand dollars just so they could sell all their money and gain profits from it while others are losing then he must have millions of dollars and thousands of bitcoins and I doubt people at that height deal with this day to day movements of bitcoin that much to actually do those small stuff. This was a legit bull run and hopefully it will continue but even if it doesn't that will not mean it was a bull trap for sure since its against the whole idea of it.
Judging how the market behaves today, it seems like we're still on uptrend, so I guess its still good to buy in some. Cash out option should have been set to a specific target to avoid yourself from panic selling. Set a good gain percentage, and when you hit that, sell it without any hesitation, its gonna be a win-win situation either way. While cashing in is best during bearish season, and still good everytime the price drops a small percentage during the bullish run.
Why are you even asking this question? Obviously the market right now is way beyond any chances of its current movements on just being a bull trap, why? Because simply together with its upward movements along the way he had broken three key resistances that made Bitcoin go down in the past, another key indicator confirming that is it never attempted to weaken on these levels confirming the bullishness of the market.
Other simple indicators are as simple as looking at the volume where you will see that the increasing volume is also supporting the increasing prices which simply mean that the price increase is not manipulated by a small group of people.
Other simple indicators are as simple as looking at the volume where you will see that the increasing volume is also supporting the increasing prices which simply mean that the price increase is not manipulated by a small group of people.
I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
Keep some and cash out the rest. when you are feeling worried to see the same pattern that happen last year and you should choose a wise decision to cash out some of your portfolios when you have been getting it back again. Just keep some of your amount in your wallet to anticipate the bull and cash out some money to anticipate the bulltrap. The trend looks so difficult to be determine but i believe we are in the bull.
I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
it seems like everybody is on guard with the market movement now
lets just manage the risk i guess 50% on crypto then convert 50% usdt
in the end of the day what matters most is what you get than what you supposed to get more
having such mindset will make you loose your profit worst even your capital
bitcoin price jitters at 8000 its hard to tell where we go next
while other alts rises... https://www.coingecko.com/en
while other alts rises... https://www.coingecko.com/en
I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
I do not have it but with your experience which has turned into fear, depending on your profit now too, I would cash out to wait if a major correction will come before going in a again
I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
with your experience last year I understood with your concern, if the current price is enough to cover your losses I think it would be better if you cashed it now. so that you don't experience the same event this year.
There is always dumps at every spike of price, so chill out traders are always going to cash out profits. Trading is their business. If the price disappoints you a bit, treat it like its sort of a hiccup and you can go along with it like selling yours and then buying them back to gain more satoshis.
I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
I do not want to give a signal for you to buy cash in or cash out . Perhaps i will site my own opinion that this is the time when we need to cash out because it already pumps to hard and what happens in this kind of situation a dump will be incharge soon. Wait for the very basic identify the support that can be the bounce area. If you lose last year this time make yourself proud, fix and treat your losses as your fuel to learn more in trading.
The market faces correction right now, we have no idea how much it will down. There a number of people consider this market is largely manipulated so talking about bull trap it make senses. Better sell before that and stay safe.
I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
We cannot say that this is a bull-trap. I mean the price has increased dramatically in the last month or so. What we are seeing is that those investors who have bought when the price is around $3000 simply cashing it out. If I'm in your shoes, you should look at the long term. Everyone suffered a big loss last year, specially for those who have bought in on top. So it's better to HODL on it and not panic sell at this point. Correction do happen so that we can move forward so just be patience.
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