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Topic: Bull or bull trap - page 4. (Read 2108 times)

hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
June 13, 2019, 02:14:31 PM
My advice if you need money, you can liquidate half, and the rest you can hold until next year. Because bitcoin will go to the moon. Halving will be conducted in May 2020.
it will be bad decision if we have to liquidate our crypto assets.maybe if we have another source income from our regular job , we didnt necessary to do this.keep holding 100% our assets and wait till price moon.

Yes, instead of selling those coins for cheap it is very good to wait until the prices start increasing, already people are waiting for the coin to recover their price. After 2017, we have seen many new altcoins launched which there is a huge chance for those to increase their prices.
Isn’t it a more rational and profitable way to HODL the coins you had purchased at low cost and sell them off when the market value of these coins is great enough to give you terrific money in return? I think the Bull Run is pretty impressive when it comes to attracting investors to invest in Bitcoin and this aggregate market force eventually pushes the market price high.
That is up to each trader to decide and it depends largely on your personality, I do not have any problem holding my coins and enduring huge losses if necessary if a I believe in a coin, but there are many traders out there that do not want to hold a coin for any significant amount of time and they are always out of their positions by the end of the day, no style is better than the other and both can be very profitable.

You just have to find the one that best suits you, since I do not really like to watch the markets every single minute of my day then it is obvious that something like day trading is not for me, but since I can hold my coins even in very adverse circumstances then long term holding is better for someone like me.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 12, 2019, 04:58:54 AM
Bull trap is very dangerous that you know will increase the price so you are willing to buy. But once you buy it will  immediately drop the price of it. Lot of traders always meet bull trap.
Stop making generic posts to increase your post count. Maybe put in some more insight on what you feel about the topic than shitpost.

A bull run does not always become bad for the trader. It depends on how people take advantage of the market movement. This needs to be done in such perspective so at to make money with minimum loss. That is possible if you had bought the coin at low and sold it all at the high and never looked back again. Though this first point is fallacious, how are you going to know what coin to buy - this my friend is somewhat luck and somewhat depending on the choice of coins being narrowed to the top10 except the forked shitcoins.
hero member
Activity: 949
Merit: 517
June 09, 2019, 02:10:08 AM
Bull trap is very dangerous that you know will increase the price so you are willing to buy.
Knowing it's a bull run will help you do the right thing, you don't buy at bull run, instead be patient and wait for the price to dump again as it could drop lower that it's support to drop.

But once you buy it will  immediately drop the price of it. Lot of traders always meet bull trap.
When I was still anew as a trader, I experience a lot of these, but I tell you, I will not fall for the same mistake again this time.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
June 09, 2019, 02:04:44 AM
Bull trap is very dangerous that you know will increase the price so you are willing to buy. But once you buy it will  immediately drop the price of it. Lot of traders always meet bull trap.
sr. member
Activity: 994
Merit: 256
June 08, 2019, 03:07:03 PM
It is reasonable to always put stop losses, if you do not want to lose most of your funds, the crypto-currency market has already shown that the rate of many assets can fall by 80% and then grow again
For me,if you are eager to sell your coins right now then its your own choice and you will still make good profits.But if you want to make huge profits just like in the year 2017,then hold your coins even more because i don't really see a bull trap at this moment but only a bull run that is going to appear soon.
Same as my point of view mate, no trap is happening right now and it was just result of positive signs that's why we happen to see more aggressive sellers grabbing the opportunity of quick rising price. Other people might wonder some unpleasant words from other analyst, but it does not guaranteed believable due to it was just a mere speculations. Always come after reality, and don't ever conclude based on what you hear; just rely on actual outcome.
Yes the bull right now is great and if you have the ability and opportunity to invest some money in Bitcoin or ETH, you might make some good money when there us a rise in the market value of the coins you HODL. SO I think that there is nothing like bull trap right now and you could very easily make use of thus bullish market.
legendary
Activity: 1176
Merit: 1000
June 07, 2019, 02:46:02 AM
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
The prices of cryptocurrencies where continue to raise recently which is happening due to the bear trend happen previously so we can call it as legit bull run rather than confusing because trap will not last for months but we ar facing upward trend for almost a quarter of this year.So don't lose your chance which is the last chance before the ship moves to moon.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
June 07, 2019, 12:22:25 AM
My advice if you need money, you can liquidate half, and the rest you can hold until next year. Because bitcoin will go to the moon. Halving will be conducted in May 2020.
it will be bad decision if we have to liquidate our crypto assets.maybe if we have another source income from our regular job , we didnt necessary to do this.keep holding 100% our assets and wait till price moon.

Yes, instead of selling those coins for cheap it is very good to wait until the prices start increasing, already people are waiting for the coin to recover their price. After 2017, we have seen many new altcoins launched which there is a huge chance for those to increase their prices.
Isn’t it a more rational and profitable way to HODL the coins you had purchased at low cost and sell them off when the market value of these coins is great enough to give you terrific money in return? I think the Bull Run is pretty impressive when it comes to attracting investors to invest in Bitcoin and this aggregate market force eventually pushes the market price high.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
June 06, 2019, 08:24:57 PM
It is reasonable to always put stop losses, if you do not want to lose most of your funds, the crypto-currency market has already shown that the rate of many assets can fall by 80% and then grow again
For me,if you are eager to sell your coins right now then its your own choice and you will still make good profits.But if you want to make huge profits just like in the year 2017,then hold your coins even more because i don't really see a bull trap at this moment but only a bull run that is going to appear soon.
Same as my point of view mate, no trap is happening right now and it was just result of positive signs that's why we happen to see more aggressive sellers grabbing the opportunity of quick rising price. Other people might wonder some unpleasant words from other analyst, but it does not guaranteed believable due to it was just a mere speculations. Always come after reality, and don't ever conclude based on what you hear; just rely on actual outcome.
hero member
Activity: 3052
Merit: 606
June 06, 2019, 05:05:57 PM
It is reasonable to always put stop losses, if you do not want to lose most of your funds, the crypto-currency market has already shown that the rate of many assets can fall by 80% and then grow again
For me,if you are eager to sell your coins right now then its your own choice and you will still make good profits.But if you want to make huge profits just like in the year 2017,then hold your coins even more because i don't really see a bull trap at this moment but only a bull run that is going to appear soon.
full member
Activity: 882
Merit: 110
June 06, 2019, 10:15:06 AM
I see if this really is a real bull not a trap, because in one month this bitcoin can be stable with prices that have been pumped in the previous month. so I think this is far from the word bull.
full member
Activity: 1162
Merit: 101
June 06, 2019, 09:58:12 AM
It is reasonable to always put stop losses, if you do not want to lose most of your funds, the crypto-currency market has already shown that the rate of many assets can fall by 80% and then grow again
hero member
Activity: 980
Merit: 506
June 06, 2019, 12:23:04 AM
I don't think that this is a bull trap because bitcoin still moves to the higher price although the movements are not too fast.
When bitcoin price can get down again, that will be the good time for us to buy more bitcoin because after that the down, the price will increase and we don't know if the increase will be fast or not.
We can prepare from now on if we don't want to buy more bitcoin and we are too afraid to see the price can down for more and that is your decision related to the market.

Yes, you are right from many days the price of Bitcoin is stable at 8000$ but yesterday the price of Bitcoin really went down to 7600$ which seems to be a somewhat negative market trend is going on. So we should wait how long the price of Bitcoin will struggle at that price we have to wait and see.

I don't know about you guys seeing this as negative, this is how it supposed to move, it will go up and then followed by like 30% down and then will go up for a new higher highs. So I would not consider this scary thing, what we should do is buy more at this dip and wait for another massive run.
No one knows nothing about the price movement sometime goes up sometime goes down suspense has been created since its inception. Analysts were saying that the price will now follow uptrend completely but current decline has disproved the analyses. However, it is confirmed that no one can judge price without any uncertainty but we should have believe in Bitcoin, its price can goes up anytime.
hero member
Activity: 2660
Merit: 551
June 05, 2019, 12:41:09 AM
I don't think that this is a bull trap because bitcoin still moves to the higher price although the movements are not too fast.
When bitcoin price can get down again, that will be the good time for us to buy more bitcoin because after that the down, the price will increase and we don't know if the increase will be fast or not.
We can prepare from now on if we don't want to buy more bitcoin and we are too afraid to see the price can down for more and that is your decision related to the market.

Yes, you are right from many days the price of Bitcoin is stable at 8000$ but yesterday the price of Bitcoin really went down to 7600$ which seems to be a somewhat negative market trend is going on. So we should wait how long the price of Bitcoin will struggle at that price we have to wait and see.

I don't know about you guys seeing this as negative, this is how it supposed to move, it will go up and then followed by like 30% down and then will go up for a new higher highs. So I would not consider this scary thing, what we should do is buy more at this dip and wait for another massive run.
member
Activity: 854
Merit: 10
June 05, 2019, 12:31:28 AM
I don't think that this is a bull trap because bitcoin still moves to the higher price although the movements are not too fast.
When bitcoin price can get down again, that will be the good time for us to buy more bitcoin because after that the down, the price will increase and we don't know if the increase will be fast or not.
We can prepare from now on if we don't want to buy more bitcoin and we are too afraid to see the price can down for more and that is your decision related to the market.

Yes, you are right from many days the price of Bitcoin is stable at 8000$ but yesterday the price of Bitcoin really went down to 7600$ which seems to be a somewhat negative market trend is going on. So we should wait how long the price of Bitcoin will struggle at that price we have to wait and see.
hero member
Activity: 2856
Merit: 667
June 04, 2019, 10:27:23 PM
It's for you to cash in because bull run happened and I believed on that now and Many people too also. Don't cashout until you reach your price when you bought ATH last 2017. We also suffered losses last year your not the only one most of us are affected ans it s good if all of us are earning money and no one can suffered again losses. Cashin is the best option not cashout.

Cash in or hold, that's the best strategy for people who believes that the bull run is already coming.
We don't get affected with the corrections that we are witnessing now as this would not last, eventually bitcoin will be back up again.

After BTC reached $8800, price was down today at $7400 but slowly recovering as of this writing.
hero member
Activity: 1834
Merit: 523
June 04, 2019, 11:05:13 AM
It's for you to cash in because bull run happened and I believed on that now and Many people too also. Don't cashout until you reach your price when you bought ATH last 2017. We also suffered losses last year your not the only one most of us are affected ans it s good if all of us are earning money and no one can suffered again losses. Cashin is the best option not cashout.
sr. member
Activity: 1050
Merit: 250
June 04, 2019, 07:33:26 AM
My advice if you need money, you can liquidate half, and the rest you can hold until next year. Because bitcoin will go to the moon. Halving will be conducted in May 2020.
it will be bad decision if we have to liquidate our crypto assets.maybe if we have another source income from our regular job , we didnt necessary to do this.keep holding 100% our assets and wait till price moon.

Yes, instead of selling those coins for cheap it is very good to wait until the prices start increasing, already people are waiting for the coin to recover their price. After 2017, we have seen many new altcoins launched which there is a huge chance for those to increase their prices.
price recovery will need long time to happen if we didn't patience face it.and ofcourse we will see this moment in near future after market totally recovered.and current time we've see good sign for bullish moment.
member
Activity: 770
Merit: 12
Trphy.io
July 21, 2019, 08:49:39 AM
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 think that this is a bull run, but do not forget that there are many traps on the way to heights. Always be vigilant. Every trader wants to make money, so analyze graphs well and be decisive.
Always do what you think is right, if you think it's already a bull run, you have to be calm and be confident as whatever price dumps are just pure correction. Enjoy the volatility of bitcoin now by taking advantage to it, if we can day trade, we are at a good timing now.
right, in essence we must be able to enjoy increases and decreases in prices, thus making the action an opportunity to buy or sell. price correction means the trend is still rising, so patience can provide maximum results later

hero member
Activity: 949
Merit: 517
June 04, 2019, 07:29:18 AM
My advice if you need money, you can liquidate half, and the rest you can hold until next year. Because bitcoin will go to the moon. Halving will be conducted in May 2020.
it will be bad decision if we have to liquidate our crypto assets.maybe if we have another source income from our regular job , we didnt necessary to do this.keep holding 100% our assets and wait till price moon.
We are looking for the new opportunity for crypto to moon again, until bitcoin will not moon, it's impossible we will see altcoins to moon.
It requires us to be more patient, just like we did in the past, we remain strong and patient as the right time is about to come.
sr. member
Activity: 1050
Merit: 252
July 21, 2019, 08:48:55 AM
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 think that this is a bull run, but do not forget that there are many traps on the way to heights. Always be vigilant. Every trader wants to make money, so analyze graphs well and be decisive.
The way every traders wanted to take every opportunities taking the advantage of rise and fall from the market can be decisive indeed, only those who can interpret correctly can say whether this things that's ongoing will be a bull or just a trap coming from big whales who's playing, you have to keep an eye with every trends and make sure to decide only after you analyze well and see your edge.
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