There's no need to chase the bull run, if we miss this one, we can still experience another bull run and after the bull run, price might go down so that gives as an opportunity to rise. Those who chase the bull run will just regret in the end because they got FOMOd and when the price dump, they will do panic as well, so it's really up to us now if we like to regret or just be patient while waiting for another opportunity.
in fact, what we are seeing now is not already confirm as a bull run as it could be a bull trap.
Topic: Chasing the bull run - page 2. (Read 246 times)
Chasing anything at wherever may end up in disasters 
.
Instead of chasing, we must focus on catching the opportunities. I mean chasing may lead to buying at higher prices but catching at dips will save by not needing to pay excess money which might have occurred due to FOMO.
(...)
This is useful but for sure a lot of people will not do this since some people out there want easy money like they want to become a millionaire in just a day. That's why there are also a lot of people who lose a lot when entering in cryptocurrency especially in times like these, the FOMO is leading them to lose but there are lot of people there got luck and made some money even they FOMO. .Instead of chasing, we must focus on catching the opportunities. I mean chasing may lead to buying at higher prices but catching at dips will save by not needing to pay excess money which might have occurred due to FOMO.
(...)
Instead of chasing, we must focus on catching the opportunities. I mean chasing may lead to buying at higher prices but catching at dips will save by not needing to pay excess money which might have occurred due to FOMO.
Different traders adopt different strategies, admittedly the safest investment option is buying at the bottom and selling at the top (or close to it). This however takes a lot of patience and some weak hands may end up selling at a loss should the market go red. Chasing the bull run requires less patience, but more technical analysis and a higher risk.Therefore, we should always think fast and some mix of intuition if you do tend to buy on a rising market.Always target out for corresponding target then make yourself out if you are gaining.
It do always have the risk so it will all vary on how you deal with moving prices.
It do always have the risk so it will all vary on how you deal with moving prices.
I agree it needs quick action to execute, i.e, being a fast follower of a trend. It has a higher risk and less reward than hodling for the long term, but it's a rinse and repeat strategy.
Chasing anything at wherever may end up in disasters .
Instead of chasing, we must focus on catching the opportunities. I mean chasing may lead to buying at higher prices but catching at dips will save by not needing to pay excess money which might have occurred due to FOMO.
Chasing the bull run do happen commonly as people over react due to FOMO. They want to make profits and they do not want to miss one good (assumed) opportunity. When you keep your nerves down and wait for the dips to happen then you can easily get into the FOMO but on another wave. If we notice all the bull run do happen in multiple waves. Due to upcoming bitcoin halving, we are going to have strong bull run but definitely this time also bull run will happen in multiple waves.
So, instead of chasing the prices, we must focus on buying at dips and definitely we may get chances to make huge profits if we are ready to hold for next 9 to 15 months.
.Instead of chasing, we must focus on catching the opportunities. I mean chasing may lead to buying at higher prices but catching at dips will save by not needing to pay excess money which might have occurred due to FOMO.
Chasing the bull run do happen commonly as people over react due to FOMO. They want to make profits and they do not want to miss one good (assumed) opportunity. When you keep your nerves down and wait for the dips to happen then you can easily get into the FOMO but on another wave. If we notice all the bull run do happen in multiple waves. Due to upcoming bitcoin halving, we are going to have strong bull run but definitely this time also bull run will happen in multiple waves.
So, instead of chasing the prices, we must focus on buying at dips and definitely we may get chances to make huge profits if we are ready to hold for next 9 to 15 months.
Consider looking at the chart before you say you are chasing a trade. The price is the cause of FOMO and indicators also telling it could go up. Buy today and then consider dumping after the halving. It may take several months before the market seeks more supply of the coins and that's when the price really will start to pump up. Currently, the RSI tells us It's not yet overbought.
Chase your dreams
In my opinion you have to see the history prices in the old charts and there you can see that every after halving bitcoin start a long 'bull run' . I think this is the best way to get some profit and enter in crypto world
But people arent really that patient to wait up for that time.We can really able to see if we do zoom out charts in talks of long term aspects but majority wont tend to watch it or do recognize thats why they do go for the short time period with specific short term analysis.Chasing bull runs or buying when the market is going up is a common mistake but we dont actually know if the price will continue or would dump
int that particular time because we know on how wavy this market is where anytime it either go or break towards our expectation.Just remember on thing like you shouldnt really be caught by fomo because
if you do then you would really end up on holding.
To chase the bullrun is to buy when the market spikes up enough to cause a FOMO and provide sufficient support for even greater prices. Such an investor would jump into the market at the start of a bullrun, to ride the waves all the way up. There are some pros and cons to this strategy;
•It typically requires less hodling time, than a long term investment, but;
•The market is unpredictable; a spike in the price does not always signify a bull run, and the investor is at the risk of experiencing a reversal in the market and seeing his assets lose value.
In short, if you look for cashes out in quicker duration then the chances to get stuck is more. Still, it is purely depending on the sustaining level of market fluctuations in bullish trend. If your technical analysis supports you to buy at current levels for the protection of upcoming another rally then you can risk by chasing the bulls. Market is always unpredictable hence anything may happen; trailing stoploss will help on the cases of unexpected sudden market reversal.•It typically requires less hodling time, than a long term investment, but;
•The market is unpredictable; a spike in the price does not always signify a bull run, and the investor is at the risk of experiencing a reversal in the market and seeing his assets lose value.
Personally I never suggest anyone to enter when market is showing raid movements like 20% changes in last 24hrs or even in 48hrs. It is always easier to fish with no tides. At the same time, buying is recommended after a pullback which happens as a part of rapid rally; it is like buying at dips with expectation of continuation of domination of bulls
.
I don't think chasing the bull run will be easy because you can buy bitcoin at the high price but then the price can down after you buy. If you want to chase the bull run, you need to sell fast after the price can increase higher than the price you buy. But if I look at what my friends did, they don't sell the bitcoin if the price rises more than the purchased price because they want to sell at another higher price. That will be a mistake if they still do that because we don't know if the price can increase more or not.
As long as you can sell right away when the price rises higher, you can make a profit, and you can wait for another dump price that will happen in the next minute or hours. I don't try to chase the bull run because I already got a bad experience before which make me buy bitcoin at a high price, and that makes me wait for some time before I can sell the bitcoin.
I prefer to buy if the red candle appears, and I will try to place the order buy at number 4-5 from the order buy, and if that is filled, I will wait for a while, and not sell in a rush. I think it is better to sell and take 1% for the profit than to chase the bull run because I cannot always get the right time to buy and sell bitcoin.
As long as you can sell right away when the price rises higher, you can make a profit, and you can wait for another dump price that will happen in the next minute or hours. I don't try to chase the bull run because I already got a bad experience before which make me buy bitcoin at a high price, and that makes me wait for some time before I can sell the bitcoin.
I prefer to buy if the red candle appears, and I will try to place the order buy at number 4-5 from the order buy, and if that is filled, I will wait for a while, and not sell in a rush. I think it is better to sell and take 1% for the profit than to chase the bull run because I cannot always get the right time to buy and sell bitcoin.
I guess we don't need to chase the bull run anymore, it will come at the end of the halving after a few months. There is nothing to invest into right now, I mean if you are a typical investor and looking for an asset to invest right now you will not choose stock obviously, so you'll look for a developing one amidst the pandemic that we have. There is maybe a bull trap, but don't set aside the fact that we are getting a supply cut this year so we should think that the price pump is relative to that event. If you want a sure profit just hold, if you want a bigger one trade with leverage.
Bull trap is always there and thats why it isnt really easy to make decisions on buying when the market is moving up but our minds do really have that thinking that this might be the bull run.
Market is already been unpredictable and as a human, we cant really avoid not to think that we might missing out the possible bull run if we do let ourselves wait for lower prospected price.
Therefore, we should always think fast and some mix of intuition if you do tend to buy on a rising market.Always target out for corresponding target then make yourself out if you are gaining.
It do always have the risk so it will all vary on how you deal with moving prices.
Market is already been unpredictable and as a human, we cant really avoid not to think that we might missing out the possible bull run if we do let ourselves wait for lower prospected price.
Therefore, we should always think fast and some mix of intuition if you do tend to buy on a rising market.Always target out for corresponding target then make yourself out if you are gaining.
It do always have the risk so it will all vary on how you deal with moving prices.
Many times it is not a good businesse idea to follow what majority is doing. That could be a trap. The majority bid price maybe a trap because it looks that price is favouring that direction but in the proper aspect, it won't stay long for the wave to shift to the other direction that it will last a longer time.
The general rule is that the price goes against the expectations, so if you see investors running away from something, then this may be the best time to buy at the lowest possible price. Although I cannot confirm whether or not the price will rise.
Many people expect the price to rise during the second quarter of this year, but the advice may not be good as a collapse could happen at any time.
Therefore, I do not think that the strategy of "chasing a bull" is successful when the repetitions are large, it may succeed one or two times, but it will definitely lose in the hundredth time.
Many people expect the price to rise during the second quarter of this year, but the advice may not be good as a collapse could happen at any time.
Therefore, I do not think that the strategy of "chasing a bull" is successful when the repetitions are large, it may succeed one or two times, but it will definitely lose in the hundredth time.
Over the last couple of days the market price of Bitcoin has risen by over 20%, carrying some altcoins along with it; Ethereum, XRP, Dogecoin and some other currencies also spiked up in price. With the upcoming halving and the general economic situation, there appears to be a general bullish sentiment about Bitcoin, and this is attracting a lot of investors into the crypto space. As a new investor you are faced with a number of questions; "What price is best to buy at?" and, "What price is best to sell at?" being at the top of the list.
When it comes to investing (in any asset) the ideal strategy would be; buying at the bottom and selling at the top. With the very high volatility in Bitcoin, those figures could be very wide apart. As at early 2019, the value of 1BTC was as low as $3400, as an investor who accumulated at that price, your portfolio would have registered an increase of over 160% in just over a year and still a lot of capacity to grow more. But for those who learnt about Bitcoin due to the activity caused by the spike in the price, there is still an opportunity to get into the market and profit.
Chasing the bull run
To chase the bullrun is to buy when the market spikes up enough to cause a FOMO and provide sufficient support for even greater prices. Such an investor would jump into the market at the start of a bullrun, to ride the waves all the way up. There are some pros and cons to this strategy;
•It typically requires less hodling time, than a long term investment, but;
•The market is unpredictable; a spike in the price does not always signify a bull run, and the investor is at the risk of experiencing a reversal in the market and seeing his assets lose value.
What did you think of this strategy?
When it comes to investing (in any asset) the ideal strategy would be; buying at the bottom and selling at the top. With the very high volatility in Bitcoin, those figures could be very wide apart. As at early 2019, the value of 1BTC was as low as $3400, as an investor who accumulated at that price, your portfolio would have registered an increase of over 160% in just over a year and still a lot of capacity to grow more. But for those who learnt about Bitcoin due to the activity caused by the spike in the price, there is still an opportunity to get into the market and profit.
Chasing the bull run
To chase the bullrun is to buy when the market spikes up enough to cause a FOMO and provide sufficient support for even greater prices. Such an investor would jump into the market at the start of a bullrun, to ride the waves all the way up. There are some pros and cons to this strategy;
•It typically requires less hodling time, than a long term investment, but;
•The market is unpredictable; a spike in the price does not always signify a bull run, and the investor is at the risk of experiencing a reversal in the market and seeing his assets lose value.
What did you think of this strategy?
Jump to: