Don't know what to think | Bitcointalksearch.org

Silberman

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Quote from: Lanatsa on June 18, 2021, 03:24:00 PM

Quote from: acener on June 18, 2021, 01:33:09 AM

Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

Back up plans is all we need because market is way too unpredictable and even how well or good you do see for your analysis to be like but it can be fucked up by the market instantly.So better not expect so that you wont get frustrated.

Set Plan B's and Plan C's and so on until you would able to secure your profits. Don't ask for too much and always set realistic goals or targets. Don't force on everything which seems that don't work.

Market could swing into unimaginable percentage so you should be prepared for that one.

This is one of the classic problems with newbies, they make a prediction and they get it wrong, so far this is nothing extraordinaire as this happens to everyone, but good traders know what to do when things do not go according to their plan, but newbies instead of thinking about how to adjust to the current realities of the market think the market is wrong and it should follow their prediction, something that we know the majority of the time is not going to happen which brings terrible consequences for them.

Rajamuda

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Something good of course can still happen up front, the point is we really need to prepare a lot of things, don't get hung up on one thing that holds you back from continuing to plan, sustenance is not going anywhere if we really try to do our best.

traderethereum

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Quote from: Xinarae* on June 18, 2021, 10:50:32 PM

Quote from: acener on June 18, 2021, 01:33:09 AM

Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

We must always think positively and move forward don't think of things that cause harm. You have to use your intellect to analyze everything well and move forward according to the plan whatever the situation it is easy to cure everything if it goes according to plan.

Besides that, you need to see the reality and how you can achieve what you want.
Having a plan of what you will do can help you stick to your plan to achieve your goals.
Meanwhile, do not forget to pray to have more spirit and courage to break any obstacles or barriers that can make it hard to move.
You do not have to feel sad if your plan can not work as you thought because who knows, you will get something good for yourself in the next few days.

Xinarae*

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Quote from: acener on June 18, 2021, 01:33:09 AM

Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

We must always think positively and move forward don't think of things that cause harm. You have to use your intellect to analyze everything well and move forward according to the plan whatever the situation it is easy to cure everything if it goes according to plan.

Lanatsa

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Quote from: acener on June 18, 2021, 01:33:09 AM

Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

Back up plans is all we need because market is way too unpredictable and even how well or good you do see for your analysis to be like but it can be fucked up by the market instantly.So better not expect so that you wont get frustrated.

Set Plan B's and Plan C's and so on until you would able to secure your profits. Don't ask for too much and always set realistic goals or targets. Don't force on everything which seems that don't work.

Market could swing into unimaginable percentage so you should be prepared for that one.

newdevices

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Quote from: Lorence.xD on June 18, 2021, 08:50:58 AM

Quote from: Erdogan on June 18, 2021, 05:23:07 AM

Quote from: Lorence.xD on June 18, 2021, 04:45:04 AM

~

So why invest if we don't have expectations?
It doesn't make any sense to invest in something that we don't think will bring a profit - that is, we don't expect it to meet our expectations.

In this situation, the chances that the price will start rising again are greater than that it is the beginning of the bear market.

What I was talking about regarding expectation is the fact that some people are expecting something out of the realm of possibility. That's your call that the prices are going to go up this time around but your expectations could be wrong.

it doesn't matter if you hope in bitcoin conditions that are down,
but there are still altcoins that go up hundreds of percent when conditions like this occur,
look at Puldog on Uniswap, this token is up 300% there, very extraordinary and unexpected,
hope while you can hope and dream while you can dream.

Silberman

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Quote from: virasog on June 16, 2021, 01:31:57 AM

Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

People need to understand that just because some indicators are useful in another market this does not mean they are going to be as useful in this market, the death cross while important in the stock market is useless here and this is because it is a very slow indicator, by the time the death cross came the price had already crashed and it was just a confirmation of what we already knew which is that the market got manipulated and retail traders sold their coins for a bad price while the whales bought their stashes.

bitgolden

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Quote from: Sled on June 18, 2021, 07:28:45 AM

Quote from: acener on June 18, 2021, 01:33:09 AM

Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

If plan A won't succeed, it has to proceed to Plan B, Plan C, otherwise to stop.
Many had failed because of high expectations, many got disappointed because they never reach their goal. This is a common ending story for those who are not well-prepared for the future. Such thing flexibility is a need for us in order to win and we need to be committed to reach our goal no matter what will happen.

If you know your plan, then you should know your backup plan as well, that is how it should be done. I mean think about it there is a good chance we could be living in a bear market for a long time and this was known, if there is a word for "bear market" then it is there for a reason, it is not there for nothing at all, it is there because we know it happens time to time.

There were too many people who saw crypto going up and believed it will go up for a very long time but it wasn't the case and it couldn't have been the case for too long. This is why I believe we are going to live in a good period after this drop but if you are ready for a drop then you would have been fine anyway, I am doing DCA right now, and I did that all the way here as well so my purchasing average is very low, even if it drops under 30k I will be still in profit, everyone should have been ready like that.

Lorence.xD

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Quote from: Erdogan on June 18, 2021, 05:23:07 AM

Quote from: Lorence.xD on June 18, 2021, 04:45:04 AM

~

So why invest if we don't have expectations?
It doesn't make any sense to invest in something that we don't think will bring a profit - that is, we don't expect it to meet our expectations.

In this situation, the chances that the price will start rising again are greater than that it is the beginning of the bear market.

What I was talking about regarding expectation is the fact that some people are expecting something out of the realm of possibility. That's your call that the prices are going to go up this time around but your expectations could be wrong.

Sled

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Quote from: acener on June 18, 2021, 01:33:09 AM

Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

If plan A won't succeed, it has to proceed to Plan B, Plan C, otherwise to stop.
Many had failed because of high expectations, many got disappointed because they never reach their goal. This is a common ending story for those who are not well-prepared for the future. Such thing flexibility is a need for us in order to win and we need to be committed to reach our goal no matter what will happen.

rodskee

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Quote from: Erdogan on June 18, 2021, 05:23:07 AM

Quote from: Lorence.xD on June 18, 2021, 04:45:04 AM

Quote from: acener on June 18, 2021, 01:33:09 AM

Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

Exactly, expectation can really destroy your prospect when it's not the expected outcome. You are right about having back up plans but you need a really big amount of money to have a reliable back up plan.

So why invest if we don't have expectations?
It doesn't make any sense to invest in something that we don't think will bring a profit - that is, we don't expect it to meet our expectations.

Indeed lol, investing without expectation is like Buying without using the things we bought , it is really inappropriate .
but i think what he meant is Don't expect for a moment to prevent frustration because there are chance that it can move on.

Quote

In this situation, the chances that the price will start rising again are greater than that it is the beginning of the bear market.

another correct comment , because if the bear is already here or at least coming surely the value will never stays at 30k and above because we already knew that this is not the correct bearish price.

Erdogan

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Quote from: Lorence.xD on June 18, 2021, 04:45:04 AM

Quote from: acener on June 18, 2021, 01:33:09 AM

Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

Exactly, expectation can really destroy your prospect when it's not the expected outcome. You are right about having back up plans but you need a really big amount of money to have a reliable back up plan.

So why invest if we don't have expectations?
It doesn't make any sense to invest in something that we don't think will bring a profit - that is, we don't expect it to meet our expectations.

In this situation, the chances that the price will start rising again are greater than that it is the beginning of the bear market.

Lorence.xD

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Quote from: acener on June 18, 2021, 01:33:09 AM

Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

Exactly, expectation can really destroy your prospect when it's not the expected outcome. You are right about having back up plans but you need a really big amount of money to have a reliable back up plan.

Obito

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Don't think about it, just do your thing and be aware of what's happening but don't just follow the crowd, analyze what's happening. Also, you have to understand that you have to read everything you see or hear, and don't blindly follow.

acener

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Don't expect anything it would just disappoint you when it didn't happen.
Always have some back up plans so you wouldn't be too excited or easily be swayed when things go wrong.

Erdogan

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

For me, this situation is also quite difficult. The price drops were quite strong and many understand them as the beginning of a long bear market. However, I have a strong feeling that it was only a correction and the bull run will last at least until the end of the year.

ipanks

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Quote from: bocyaj on June 17, 2021, 03:30:59 PM

Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

Now the market is very down and can't predicted .I had holding nearly 1700 dollars to cashout.Now I had loss over 400 dollars.So waiting with many strategies.Another important one is,I had invested over 10 coins.Which included of bitcoin and various coins.When the price of bitcoin crossed,surely the price of all the altcoin.Which I had invested will get good increase.

Be patient. Everything will be okay. If you already had an experience in 2018, I think you do not need to be worry because the market will be back increased and bitcoin and altcoin price will increase again. It is a hard situation, but it was not as hard as a few years ago, so we can still handle the loss we had now by having more patients.

The death cross will be there, and the situations will change. This situation can be a good time to buy back more as the price is down a lot, so when the price start moves to the high price, you can make a profit again.

bocyaj

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

Now the market is very down and can't predicted .I had holding nearly 1700 dollars to cashout.Now I had loss over 400 dollars.So waiting with many strategies.Another important one is,I had invested over 10 coins.Which included of bitcoin and various coins.When the price of bitcoin crossed,surely the price of all the altcoin.Which I had invested will get good increase.

LUCKMCFLY

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I have read a lot about the BTC market, and you hear a lot about bull traps and bear traps, apparently the bears have allowed BTC to reach $ 40k- $ 41k according to the author of this article, I personally think that is not true and that we are in a phase of the beginning of the bullish trend:

Quote

From there and above, with each successive local high, the daily bull trend weakened until bears finally made their attack. Each divergence in the chart above shows the trend weakening in action. It also could suggest that bears might have several weakening peaks with deeper lowers before any sort of real reversal is on the table.

For now, the recent rally in Bitcoin to back above $40,000 might be little more than a bull trap set by playful bears just out of hibernation.

Source: https://www.newsbtc.com/analysis/btc/bitcoin-bulls-bears-adx-trend/

herurist

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

You don't need to be confused like that, because if you know the potential from the start, in a state of major correction or up, you already know how high the resistance line will be.

We all believe that it is still too early for the market to end, while Bitcoin has been interesting to watch lately. where the big adoption comes from various angles and elements that are quite influential.

Regarding technical analysis and prediction, it has become a consequence, they also do not guarantee 100% accuracy.

lixer

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Quote from: Slow death on June 17, 2021, 09:19:13 AM

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.

Slow death

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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.

palle11

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

Fundamentals Of

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Quote from: JohnBitCo on June 17, 2021, 03:53:49 AM

Quote from: Fundamentals Of on June 16, 2021, 09:16:29 AM

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.

peter0425

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Quote from: carlisle1 on June 17, 2021, 05:29:26 AM

Quote from: Fundamentals Of on June 16, 2021, 09:16:29 AM

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.

Yaunfitda

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Quote from: Fundamentals Of on June 16, 2021, 09:16:29 AM

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.

carlisle1

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Quote from: Fundamentals Of on June 16, 2021, 09:16:29 AM

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.

LogitechMouse

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

bitterguy28

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Quote from: JohnBitCo on June 17, 2021, 03:53:49 AM

Quote from: Fundamentals Of on June 16, 2021, 09:16:29 AM

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 .

JohnBitCo

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Quote from: Fundamentals Of on June 16, 2021, 09:16:29 AM

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.

Fundamentals Of

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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.

magneto

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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.

davis196

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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.

leea-1334

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Quote from: Wexnident on June 16, 2021, 12:56:21 AM

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.

virasog

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

Wexnident

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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.

Ararbermas

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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.

pooya87

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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.

ethereumhunter

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

Alisha-k

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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.

janggernaut

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You takes too much thinking about TA if bitcoin. Just let it be. Are you a daily trader? Until you thinking that too hard where the bitcoin price will go later. If it crash, just buy it more or HODL it, just simple as that from me. I don't like to see the chart too often

Reatim

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

What are those trashing the technical analysis ?

and how does you come to laugh when you said not knowing what to say?

Quote

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.

What the heck that death cross always being in the scene when the truth is this may happen or may not . this was just being spam to make some bad reputation for the market.

STT

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I follow TA alot and none of it gives certainties, its giving scenarios which may happen and in that foresight you are better able to trade. Moving averages are just simple indicators thats all it relates to, because this particular idea includes the 50 day its about trading not considering BTC to hold or not. You dont actually to worry too much about trading, its nice to buy at a low during a month but just being part of a rising trend also year to year is enough also.

Mostly we have uncertainty, patterns of selling but the 200 day is rising every day also which means long term positive price action. The blue and yellow are averages that are very probable to meet

inoes

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current market conditions are not suitable to be said to be bearish and also not suitable to be said to be bullish. I think the condition shows that the market is completely controlled by whales. Elonmusk, China, America and Tesla... they have an argument that makes the market very unpredictable. maybe if you like gambling then this is your chance to play futures trading

stomachgrowls

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You would definitely be on confusion if you are trying to believe and trying to make it work into those signals that you hand heard off from somwhere.

As said or mentioned above that we are all in confusion because this market is always been unpredictable. No TA's could make out precise 100% prediction on where the price could possibly go.

Lots of factors that could affect price movement or sometimes there's no reasons at all and that what makes us confused and having the feels on
whats going on with this market.

hatshepsut93

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Ignore the 4chan rumors, they can't be verified and could just be a method to manipulate the market.

It's normal to feel confused, because these are very uncertain times for Bitcoin market. It's on crossroads before bull and bear markets, and no one really knows what will it choose. The coming news could influence the market greatly, and no one, aside from insiders, can predict them. There could be more government adoption or government bans, there could be institutional buys or institutional dumps.

el kaka22

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Do not believe in 4chan, do not believe in the charts, anything you can see that gives you a hint about the future is either made up so that people can manipulate the market or it is simply just a wrong thing that you are looking into, if bitcoin was something we could have looked and saw the direction then we would have been super rich.

I have seen a rich guy paying 10 thousand dollars to build some sort of social media army (for a politician, not crypto) and ever since that moment I am not even entirely sure if a person I see online is actually a person or if it is an army trying to convince me to do something. Which is why the price could either go up or down and we have no idea which one it will be, I still think that we are doing fine, look we are over 40k all over again and that is a great increase however that is not exactly mean it will continue like this neither.

Silberman

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

You are still relatively new to the market so I understand that you are relying on external sources for you to decide what to do, but this is a mistake, you need to try to tell what the market is going to do on your own and the best way you do this is by having some experience under your belt, it is going to take time but if you get there you will be able to see more clearly what is happening, it was clear to a lot of people that what we saw was not a crash as it simply did not match any of the instances in which we saw a crash in the past and as such a recovery was to be expected.

carlfebz2

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

Get used to it and this make out some realizations that technicals doesnt really work from time to time when it comes to crypto price movement predictions so you should be aware on this one.

You would really be making yourself get confused if you do heavily rely with technicals then always set up some back up plans incase it wouldnt happen.

Dont make yourself easily believe about of those leaked informations or somewhat because we are all the same speculators here on this market.

BrewMaster

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i don't know what TA you are talking about that got trashed but you should know that most TA you see is already wrong regardless of what has been happening recently. and you can always analyze the charts in a way to get a different prediction.

bitcoin has been in a bull market for some time now and i don't think that has changed yet. we may call the past month a small bear market but i don't think it would be a correct use of the term. it was more like a short term bump on the road and it takes time for the bitcoin car to get back on the road again and reach $70k.

Lucius

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

I know what you're talking about, but I'm not sure if it's something that can be verified as true information or if someone fabricated the whole thing. It mentions a relatively quick return to levels above $60k, more precisely to reach the new ATH and $70k - but it is not specified when it could happen given that it has been almost a month since we have been on a downward trajectory - if we exclude what happened yesterday.

Even without someone posting insider information, I personally believe that this year is extremely bullish, but as always one should expect occasional corrections which are quite normal. All in all, the situation is not bad at all, because all possible FUD that was launched in the past month failed to bring down the price to less than $30k - which for some was obviously the goal.

We have another 6+ months until the end of the year, and I hope that as the end of the year approaches, things will flare up again

TravelMug

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Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

Just so remember that TA is not a exact science, so it's a hit or miss really.

Quote from: PercT4b on June 14, 2021, 04:20:45 PM

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.

Everyone can make a wild guess, crypto is a speculative assets, and maybe those so called "leak" as coincidence. I still remember one TA in 2017 though, saying that the market will god down around March-April and it didn't and it says it will continue. But then again the market bounce back in May and then the eventual bull run at the EOY.

fara_buduk

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Quote from: PercT4b on June 14, 2021, 05:13:17 PM

Quote from: blockman on June 14, 2021, 04:40:13 PM

Just don't be confident with everything you have read. It could be just another rumor or just someone who wants to play with the readers feeling. But if that so happen that it is for real then prepare for your position and just enjoy this comeback that bitcoin is doing. With too much thinking, it's just going to put much pressure on you and will probably result to you that you're going to sell earlier and then if another pump happens, you'll have that thought that you should haven't sold earlier. That's why it's better to relax with these runs and think of a better plan.

To be honest you are perfectly right, I've dealing with so much stress because of the risk of losing a very clear opportunity to make some profits and this will drive me mad for sure.

By the way, what is your personal opinion about the current situation?

like some people can only wait for the holder to be able to get the comeback made by bitcoin, but for traders only have two options 1 taking advantage of the rbearish market may be very risky because the accumulation is so low and the second accumulation is waiting for the price to return high although maybe have to be patient

PercT4b

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Quote from: blockman on June 14, 2021, 04:40:13 PM

Just don't be confident with everything you have read. It could be just another rumor or just someone who wants to play with the readers feeling. But if that so happen that it is for real then prepare for your position and just enjoy this comeback that bitcoin is doing. With too much thinking, it's just going to put much pressure on you and will probably result to you that you're going to sell earlier and then if another pump happens, you'll have that thought that you should haven't sold earlier. That's why it's better to relax with these runs and think of a better plan.

To be honest you are perfectly right, I've dealing with so much stress because of the risk of losing a very clear opportunity to make some profits and this will drive me mad for sure.

By the way, what is your personal opinion about the current situation?

blockman

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Just don't be confident with everything you have read. It could be just another rumor or just someone who wants to play with the readers feeling. But if that so happen that it is for real then prepare for your position and just enjoy this comeback that bitcoin is doing. With too much thinking, it's just going to put much pressure on you and will probably result to you that you're going to sell earlier and then if another pump happens, you'll have that thought that you should haven't sold earlier. That's why it's better to relax with these runs and think of a better plan.

PercT4b

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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.

Topic: Don't know what to think (Read 611 times)