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Topic: Don't know what to think - page 2. (Read 630 times)

hero member
Activity: 2688
Merit: 588
June 17, 2021, 02:19:23 PM
#36
each person will say what they think about the future of price direction, even though it is a technical analysis people tend to say what they are seeing on the charts and each person will come to different conclusions, for example for many people the price will go to the moon and to other people the price is going fall a lot and for other people it is enough for a simple twitter to change the direction of the price. as you can see, it is up to each person to get information that has weight in influencing the market and taking advantage of that information. for people entering the market to make Hodl don't need to be too alarmed by a possible scenario of falling prices, they just buy with every dip and everything will be fine in the long run.
That is the thing about charts, right now I can bring you 3 different charts, one that shows it will go down, one that will show it will stay around same, one that will show it will go up. All of them will be from the same place as well, it will not be anything different from any other place, it will be basically just different approaches to different stuff, you can definitely make that kind of predictions in crypto if you want to.

I know it is not that simple but it is definitely doable, all from same start point to end point. So long story short, all predictions are wrong, even the right ones are wrong because of how they just got lucky and wasn't right because they knew something, no person in history of crypto started a prediction and kept predicting it right time and time after again without ever being wrong, all you can do is hope that you are usually right, and rarely wrong.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
June 17, 2021, 09:19:13 AM
#35
each person will say what they think about the future of price direction, even though it is a technical analysis people tend to say what they are seeing on the charts and each person will come to different conclusions, for example for many people the price will go to the moon and to other people the price is going fall a lot and for other people it is enough for a simple twitter to change the direction of the price. as you can see, it is up to each person to get information that has weight in influencing the market and taking advantage of that information. for people entering the market to make Hodl don't need to be too alarmed by a possible scenario of falling prices, they just buy with every dip and everything will be fine in the long run.
sr. member
Activity: 2366
Merit: 332
June 17, 2021, 09:08:26 AM
#34
Apparently a bearish move is not so likely to happen as it could be a couple of days ago, very interesting news that keep trashing all technical analysis ahahahah.


Reversals are likely to happen in market and this is because of the technical that are being changed by news. At the times the news seize to come, don't be surprised that price will spike up. The market looks bear though but may not eventually take that direction because there are no major dumps happening which is the reason it is a little slow in volatility.
sr. member
Activity: 2380
Merit: 366
June 17, 2021, 08:51:00 AM
#33
What do you mean a bearish move is not likely to happen? I personally think the Bitcoin market is already bearish right now, that is, if we are considering how high the price of Bitcoin has already reached in the recent weeks. We are hardly leaving $40,000 now. We could only surpass it quickly and then the price would once again settle at a price below. But the year 2021 is still considered a bullish year. I am still looking forward to a new ATH in the second half of the year.

Yes, it is looking very hard for the bitcoin to cross the 40,000$ level. Although some positive tweets from Elon Musk did push the price up for the bitcoin, but still it failed to stay above 40,000$ for long time duration. I am still hopeful that bitcoin price will rise but it may take more time than our expectations.

Let us all forget about Elon. Whatever he says now does not have any bearing to the price of Bitcoin anymore. Whether Elon says he is supporting Bitcoin or he is already withdrawing his support from Bitcoin, it does not have any effect anymore to its price. He has already proven himself the wrong person to be considered an authority of Bitcoin. He knows nothing.

$40,000 is now the price to fight for. It seems there is very hard resistance there.
sr. member
Activity: 2618
Merit: 439
June 17, 2021, 07:42:06 AM
#32
What do you mean a bearish move is not likely to happen? I personally think the Bitcoin market is already bearish right now, that is, if we are considering how high the price of Bitcoin has already reached in the recent weeks. We are hardly leaving $40,000 now. We could only surpass it quickly and then the price would once again settle at a price below. But the year 2021 is still considered a bullish year. I am still looking forward to a new ATH in the second half of the year.

Considering where the value before this year? I think we are still good though those late comers who
bought their coins from the peak, the situation is on the side of bear.

exactly , we are still in the peak of good price.
Quote
Either way, if there are newcomers who can bring millions or billions of $ then expect that
new time high is waiving for those holders.
and that is what i wanted because i am also Holding up to now.
Quote
But if there's none and if this pressure continue, then expect the outcome won't favor your investment.

and this is one sad reality.
hero member
Activity: 2870
Merit: 594
June 17, 2021, 07:09:03 AM
#31
What do you mean a bearish move is not likely to happen? I personally think the Bitcoin market is already bearish right now, that is, if we are considering how high the price of Bitcoin has already reached in the recent weeks. We are hardly leaving $40,000 now. We could only surpass it quickly and then the price would once again settle at a price below. But the year 2021 is still considered a bullish year. I am still looking forward to a new ATH in the second half of the year.
Yeah, we can't argue that $40k is a big barrier and as much as we want to break it, not going to happen as traders are selling as this price. So we might be really in some bearish cycle and it has started last month so how many more weeks we are going to see red candle in our TA?

We need some positive news to move the market again into a bullish cycle. But so far the bullish news is not enough to sustain a fuel run.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
June 17, 2021, 05:29:26 AM
#30
What do you mean a bearish move is not likely to happen? I personally think the Bitcoin market is already bearish right now, that is, if we are considering how high the price of Bitcoin has already reached in the recent weeks. We are hardly leaving $40,000 now. We could only surpass it quickly and then the price would once again settle at a price below. But the year 2021 is still considered a bullish year. I am still looking forward to a new ATH in the second half of the year.

Considering where the value before this year? I think we are still good though those late comers who
bought their coins from the peak, the situation is on the side of bear.


Either way, if there are newcomers who can bring millions or billions of $ then expect that
new time high is waiving for those holders.

But if there's none and if this pressure continue, then expect the outcome won't favor your investment.
legendary
Activity: 2576
Merit: 1043
Need a Marketing Manager? |Telegram ID- @LT_Mouse
June 17, 2021, 05:18:35 AM
#29
Apparently a bearish move is not so likely to happen as it could be a couple of days ago, very interesting news that keep trashing all technical analysis ahahahah.

I'm really confused right now and (don't know if it's stupid to mention it again) I'm still thinking about that 4chan "leak" talking about a big move in the next period, even though we are approaching a double MA "death cross" on BTC chart.
If you are stressing yourself too much with your investments in crypto then you must change something.
If your cryptocurrency holdings or anything crypto related makes you stressed and confused then something is wrong.

If you are confused, just hold and nothing will lose to you (aside from the paper loss obviously if it went down). A death cross is just one of the indicators and in Technical Analysis, you might read what can happen possibly but still it is not 100% accurate. Don't be confused with this leaks or any TA that you are seeing especially if you are just starting. Just buy, hold and get relaxed. Technical Analysis doesn't give you certainties but probabilities only.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
June 17, 2021, 04:54:04 AM
#28
What do you mean a bearish move is not likely to happen? I personally think the Bitcoin market is already bearish right now, that is, if we are considering how high the price of Bitcoin has already reached in the recent weeks. We are hardly leaving $40,000 now. We could only surpass it quickly and then the price would once again settle at a price below. But the year 2021 is still considered a bullish year. I am still looking forward to a new ATH in the second half of the year.

Yes, it is looking very hard for the bitcoin to cross the 40,000$ level. Although some positive tweets from Elon Musk did push the price up for the bitcoin, but still it failed to stay above 40,000$ for long time duration. I am still hopeful that bitcoin price will rise but it may take more time than our expectations.
It's sooner to happen mate , Bitcoin already break the 40k though did not stayed long and this happened because of Elon Musk's another propaganda .
and also proved how stupid the people in crypto is listening still to elon's trolling .
sr. member
Activity: 2030
Merit: 356
June 17, 2021, 03:53:49 AM
#27
What do you mean a bearish move is not likely to happen? I personally think the Bitcoin market is already bearish right now, that is, if we are considering how high the price of Bitcoin has already reached in the recent weeks. We are hardly leaving $40,000 now. We could only surpass it quickly and then the price would once again settle at a price below. But the year 2021 is still considered a bullish year. I am still looking forward to a new ATH in the second half of the year.

Yes, it is looking very hard for the bitcoin to cross the 40,000$ level. Although some positive tweets from Elon Musk did push the price up for the bitcoin, but still it failed to stay above 40,000$ for long time duration. I am still hopeful that bitcoin price will rise but it may take more time than our expectations.
sr. member
Activity: 2380
Merit: 366
June 16, 2021, 09:16:29 AM
#26
What do you mean a bearish move is not likely to happen? I personally think the Bitcoin market is already bearish right now, that is, if we are considering how high the price of Bitcoin has already reached in the recent weeks. We are hardly leaving $40,000 now. We could only surpass it quickly and then the price would once again settle at a price below. But the year 2021 is still considered a bullish year. I am still looking forward to a new ATH in the second half of the year.
hero member
Activity: 1666
Merit: 753
June 16, 2021, 06:55:48 AM
#25
Don't believe in the TA.

Focus on the long term picture here. Do you personally believe that BTC will be adopted as a long term store of value in the future?

If your answer to that is yes, then you should buy the dip and keep dollar cost averaging because even if prices do go down substantially, they will recover in the future given sufficient time as we've seen time and time again. TA and all the death-cross business is just a bunch of wishy-washy BS that people make up to seem intelligent.
hero member
Activity: 3192
Merit: 939
June 16, 2021, 06:51:18 AM
#24
Since when 4chan can be viewed as a trusted source for trading signals and information regarding the crypto space? Grin Probably some guy is just joking about a possible Bitcoin bull run.
I don't expect anything shocking to happen in the Bitcoin market for the next few months.The price will just move in the 30K-40K range,without any possibility of going back to 50K-60K.We need some serious institutional investors,billionaires adopting Bitcoin and someone like Elon Musk,in order to pump the BTC price back to 60K USD.I don't see this happening anytime soon.The institutional investors are just waiting for a new FOMO phase.
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
June 16, 2021, 05:04:01 AM
#23
Well if you're unsure, put your feet into everything you can. Take into account every possibility you see and could think of, and put money in it. Sure, the profit is less, but the loss is less as well no? Though honestly it isn't actually recommended to listen to others, cause really, what magic power do they have that you'd actually want to believe them? No one can predict the future, that's that. Speculations are not facts just so you know, they're called as such because of a reason. Up to you in the end, though I hardly doubt investing in the market for the long run would actually make you lose out.

This is such bad advice man. Do NOT jump into everything. If you really are unsure and have no confidence I do not blame you,,, very few projects are good and have assurance of any potential. So take the easy and sure way out,,, just put it all in Bitcoin.

OR, put majority in BTC and use the rest to play around, and make no mistake,,, that altcoins are always a gamble.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
June 16, 2021, 01:31:57 AM
#22
Apparently a bearish move is not so likely to happen as it could be a couple of days ago, very interesting news that keep trashing all technical analysis ahahahah.

I'm really confused right now and (don't know if it's stupid to mention it again) I'm still thinking about that 4chan "leak" talking about a big move in the next period, even though we are approaching a double MA "death cross" on BTC chart.

Just don't think much about death cross and all the other bearish indicators flashing. I know that currently important moving averages are acting as resistance but fundamentally bitcoin is more stronger. I think its only matter of time when we will again be over 50K and beyond.
hero member
Activity: 2758
Merit: 675
I don't request loans~
June 16, 2021, 12:56:21 AM
#21
Well if you're unsure, put your feet into everything you can. Take into account every possibility you see and could think of, and put money in it. Sure, the profit is less, but the loss is less as well no? Though honestly it isn't actually recommended to listen to others, cause really, what magic power do they have that you'd actually want to believe them? No one can predict the future, that's that. Speculations are not facts just so you know, they're called as such because of a reason. Up to you in the end, though I hardly doubt investing in the market for the long run would actually make you lose out.
sr. member
Activity: 2016
Merit: 283
June 16, 2021, 12:32:32 AM
#20
Never rely on what others saying because they're all against on the situation of bitcoin. It's better to always make a technical analysis by your own, indeed there are some useful tips how you can read the chart wherein even its long term or short term it doesn't matter as long as you know how to hold your emotions and you have plenty of time to monitor the growth rate especially when it comes short term, it's still  worth it to gain profits to be honest, just put efforts in it instead of worrying because of what others saying. Make your own move as well.
legendary
Activity: 3472
Merit: 10611
June 15, 2021, 10:55:13 PM
#19
Nobody has some magic ball that can predict the future, most people on the internet are posting random nonsense when it comes to price specially on places like 4chan and only some are actually putting some thought into it and can be called "speculation".
We all know that the price is going to rise significantly based on past performances, the bitcoin potential, how adoption has been growing, the volume of fiat that keeps pouring in, all the positive news and finally with technical analysis. But we can't predict how much and when of it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 15, 2021, 10:54:44 PM
#18
Apparently a bearish move is not so likely to happen as it could be a couple of days ago, very interesting news that keep trashing all technical analysis ahahahah.

I'm really confused right now and (don't know if it's stupid to mention it again) I'm still thinking about that 4chan "leak" talking about a big move in the next period, even though we are approaching a double MA "death cross" on BTC chart.
When you feel confused with the market situation, maybe you need to take a break and not look at the market because that can make you disappointed. You can not decide what you will do because you will feel hard to analyze the market move, so taking a break will help you refresh your mind. The bearish trend will be there at the market, but that will not happen forever and as what we saw from yesterday, the price can back to $40k after stays at $35k. So I am sure the bitcoin price will increase later and you just need to wait for a while and have more patience.
member
Activity: 840
Merit: 23
June 15, 2021, 10:51:12 PM
#17
Technical analysis only depend on past price movement and most times changes direction once a major news pops up. This news which is fundamental analysis causes a spike that can boast the price of a commodity in a very short period of time. I feel it's wiser to buy more coin at this time and patiently wait for it to hit your profit target then you take profit and still reinvest for another profit margin to come through.
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