Could this be a trap? - page 5. | Bitcointalksearch.org

tsaroz

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Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

That's why we should not plan for a single entry point. We could use any popular method to determine the entry points mostly at the dip of every cycle. And it surely was a better time to enter when the price was around 20K.
For current scenario, the price is trying to stick above 30K but as there are no sudden momentum, And I have a feeling it would eventually come down at least around 28K before trying to make a new peak. It would still be a better idea to keep on buying smaller amounts as even though the price decreases, you don't need to invest much to average your cost but if the price keep on increasing, it would be risky to buy at higher price.

zasad@

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Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

No one knows the future, and it is not clear how long the lawlessness of the SEC in the United States will continue. There is an opinion that after the US presidential election the situation will improve, but it depends on the candidate who wins. There are many projects, many fundamental projects are cheap, and it is not a mistake to buy them for investments for 1-3 years.

GelatikKembar

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Maybe not because I'm sure the good news was at the beginning of last June when China legalized crypto currency,
the crypto market could slowly be bullish, so don't worry, market cap will come from China and make Bitcoin bullish.
We first see the reaction of Bitcoin prices this week, will the Bitcoin price stay at $30k or even dump again.

khiholangkang

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Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

I think this increase is not without reason, so it is not suddenly the market becomes green, who knows where the fresh air is, I personally see that this is the real of the entry of large companies that enter the crypto market, and that is what causes people's positive encouragement To enter the market that fits the price of the market.
I do not indicate that there is a bear trap in this case.

But what are you worried about if you are a long -term investor? Unless you are a short -term investor and / or trader who always requires benefits from trading made in a short time.

FrozenBit

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And do you continue to doubt it and stay out, the crypto market has too many different problems and too many opinions coming from individuals or summarized experiences. I see the current issue has some doubts but it's clear the fact that we've seen it go up quite a bit from around $25000 to $3000 and if you miss that, I bet it will. There are many people like you and there are also many people who have made a profit because they think against the majority and dare to take risks. When witnessing people think that the market is very bad, making an investment decision will also be very difficult, if you are unlucky to lose, consider it as a lesson for your judgment. .

TheUltraElite

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So anyway, I applied as a merit source :)

Consider it to be a bear trap, what could you do anyway? Nothing from your side but wait and watch.

Since the buying point has been crossed, we have to see how big the price actually reaches and then decide on further processing of trades. Some people will sell the coins they bought at 26k and cash in the profit before anything else. You might not have that same option so wait it out. We can move either low or high from this level and thus long term predictions are tough at this stage.

Hypnosis00

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Quote from: Accardo on June 23, 2023, 07:33:30 AM

It can be a trap, but it won't hurt. Buyers that held, don't have any reason to call this a trap as they're already seeing profits from the recent increase in price. I'd say that, waiting for the rise in price of ETH before investing may not give you the best results. If the price drops you'll be much disappointed and may withdraw your funds because you're focused on profit alone. Seeing that the price of ETH is bullish should be a motivation to invest knowing that even if it drops, it can rise again. What is expected of you is to invest and wait for some time whether bullish or bearish, your investment is considered Safe.

Indeed it was not a trap, but a certain opportunity. In fact, I'd never think such a thing ever as I know that the market has never been always high, it dump as well whether it was in a good way or somewhat like manipulation. As we are in this kind of market where volatility is inevitable, it all happens. Well, I guess we don't have to worry if we are investing in good projects like ETH and BTC as we know that they are for long-term investment. It may down today and even tomorrow but for sure in the next couple of days, it rise again - no trap is made, it is just our thinking.

Accardo

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It can be a trap, but it won't hurt. Buyers that held, don't have any reason to call this a trap as they're already seeing profits from the recent increase in price. I'd say that, waiting for the rise in price of ETH before investing may not give you the best results. If the price drops you'll be much disappointed and may withdraw your funds because you're focused on profit alone. Seeing that the price of ETH is bullish should be a motivation to invest knowing that even if it drops, it can rise again. What is expected of you is to invest and wait for some time whether bullish or bearish, your investment is considered Safe.

ElmedoRator

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It's entirely possible as we've also seen the market's rapid change recently, in the face of volatility from news like this I think it's going to take a huge hit. to get us out of the danger zone. I can be optimistic for the long term, but we are clearly in the midst of arguably the most volatile financial market, but we should still feel more excited when the atmosphere is less gloomy later. The controversy between the SEC and Binance.
To me, even if it is a trap, from the moment we start participating, we will all have to consider the profits and risks in the investment process, each person will have a long-term or short-term approach strategy, but look at each other. In general, in an investment environment, there will also be failures for successful people, so try to improve yourself more.

Kemarit

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Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

We might just hit the resistance though, and it might be hard to break $2,000 in my opinion.

However, why are so confused? just continue to buy if you think that Ethereum will have another biggest bull run in 2024-2025. You should take advantage of the situation and as what I have been preaching before, don't complicate things. Bear traps, catching a falling knife, this terms will really make you muddled in the world of crypto. So the best thing to do is just make it simply and buy in dip and timing the market on when to sell during a bull run.

blockman

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Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip.

You're not sure, people always get interested when the market is surging but no interest when it's totally no action and it's quite low. There's still a possible dip but we don't know if we'll see this early a new low.

Quote from: MainIbem on June 22, 2023, 02:25:43 PM

But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

IMHO, we're done with the bearish trend and all of these are happening due to the bullish sentiment that we're not just seeing through news but also with the actual cycle that we're having.

bluebit25

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Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

Individual skepticism and not confident in what they know or they don't know, if you stand aside and doubt it's okay but don't regret the story afterwards or it would be better to act turn exactly what you guess. Once you are in, you should also accept the possible risks, and the market story now makes me quite comfortable and comfortable, maybe because of the long-term plan that I am choosing with the market, I don't care too much about price movement in the 10% range, simply because I build an accumulation strategy and look for possible x10 opportunities in the next cycle, sometimes I feel like laughing when seeing many people see the price drop they panic and when it goes up they doubt, it's okay it's still one person's decision for this market.

coin-investor

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Quote from: MainIbem on June 22, 2023, 04:02:24 PM

I wasn't holding any specific amount I wanted buy during last dip but this came to me that the market could possibly go low so was still watching the market before it changes it direction to a potential Green which I think I am already left out of the race, that was why I asked if I could get into the market presently seeing that bitcoin taken another new dimension. The sudden change might be as a result of good news or positive sign for bitcoin growth.

This is one of the issues one is going to encounter when holding back buying, we are hoping for the floor price but we do not have an idea of the floor price, so we are in a hurry to buy when the market turns to green.
My strategy is small buy whenever there is a slight dip so for every dip I allocate small amounts to buy, and when I have the idea that it reaches the floor price that's the time I will give all I got, waiting for the floor price is quite demanding you have to follow the market and you have to follow the news, great news will give a positive response in the market, so always check if there is good news in the industry.

Wapfika

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Quote from: Questat on June 23, 2023, 05:31:37 AM

Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

Whether it was a trap or not, this will never change on how I looked on the market. Because until now, nobody can tell about what will happen next, what we have is just a sort of market assumption and this is also based on the current situation and the previous events. It will pump today and might dump tomorrow, that is actually how the volatility looks like. And if we keep thinking this is a trap, that also stopped us from thinking positively because what we have now is full of uncertainties.

It’s alright to think like OP to play safe on our investment because we are talking about money here and not things that can let you go easily. Thinking it’s a trap on a sudden price is normal but I like your idea too about positivity because if we all think this way, we can boost the market and ignore all the FUD. Manipulation or not, A market will go were the majority puts their money so if we unite together. We can move the market the way we want.

Questat

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Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

Whether it was a trap or not, this will never change on how I looked on the market. Because until now, nobody can tell about what will happen next, what we have is just a sort of market assumption and this is also based on the current situation and the previous events. It will pump today and might dump tomorrow, that is actually how the volatility looks like. And if we keep thinking this is a trap, that also stopped us from thinking positively because what we have now is full of uncertainties.

Yogee

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Probably the market's "FU" response to the lawsuits and delisting of the so-called "utilities".

Quote from: MainIbem on June 22, 2023, 02:25:43 PM

[....] is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

Nobody and if someone says they can accurately predict the market then they are most likely scams. Any self-respecting Technical or Fundamental Analyst would always give you a disclaimer. Someone will get it right obviously but a lot of times they get it wrong.

Jackl87

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Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

I am also not sure what i should think about the whole crypto market and it's current movements. Bitcoin and Ethereum have recovered pretty well in the last few days and now they are basically at the same level as before the big SEC events have happened. At the same time the most other crypto projects are still significantly lower than before the dump. I don't really think that this is already the start of a big recovery or of a bull run. For that we first need a few weeks or months of stability.

avp2306

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Quote from: Doan9269 on June 23, 2023, 02:04:16 AM

Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

There's nothing like trap in dealing with a digital currency like bitcoin or Ethereum because when the price rises it also falls and this has always been the norms experience over years now, what i see about this sudden increase is the preparation for more attempts to rise high, we've been a little while stayed longer on this dip ever since the beginning of the year, now the market is getting more momentum to rise and change level and shouldn't serve a trap else they might think it's being manipulated.

This movements always happen so we should expect that after those pumps happen the dump will just follow after this. Its like predictable movement this is the reason sometimes we shouldn't let ourselves to be in situation where we been hyped so much on the fast growth we see on the market. So if we have chance to follow the market I guess its better set some target to secure your profit then wait for fallback to earn again when pump came.

hugeblack

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ETH follow bitcoin price and it seems that the price of Bitcoin has a strong resistance barrier at $32,000, and therefore it is most likely a bear trap before the price starts moving down a bit, although I do not think that the price will continue to decline before breaking $2,000 sometime during the next month.

In general, investing at the present time is considered good for building long-term positions, which could be a good opportunity for those who want to sell after two to three years.

Low levels: 1630, 1810
Upper levels: 2140

Doan9269

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Quote from: MainIbem on June 22, 2023, 02:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

There's nothing like trap in dealing with a digital currency like bitcoin or Ethereum because when the price rises it also falls and this has always been the norms experience over years now, what i see about this sudden increase is the preparation for more attempts to rise high, we've been a little while stayed longer on this dip ever since the beginning of the year, now the market is getting more momentum to rise and change level and shouldn't serve a trap else they might think it's being manipulated.

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