From Sideways to Downhill | Bitcointalksearch.org

Fredomago

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Quote from: Russlenat on July 07, 2022, 03:22:29 PM

Quote from: Oasisman on June 13, 2022, 06:37:18 AM

This could go far down even below $20k, nobody knows what happens next. After the crypto market losses $100b it immediately drops $25k level and currently Btc continued to fall down as it's currently trading at $23,700+.
Please replace that " now what" type of mindset coz this the "this is it" situation. This is what the crypto enthusiast is looking for. A good entry point.

Right now, bitcoin has already hit $21k but that won't guarantee that bitcoin will continue to surge and skyrocket. As the bear market continues and still very visible, then bitcoin will always be affected and will eventually drop its price again to a much lower value. While others have already doubted the potentials of bitcoin and expect that its price is hardly to recover, strong hands too are now seizing the opportunities to accumulate a lot of bitcoin while the price is still having a big crash.

Strong hands are into shopping by now, they fully understand how this kind of opportunities will give them good benefits when the bull market starts to pump up. There are many instances that weak holders fell from this kind of situation thinking that it's already doomed and
selling into panic, they lost their patience and their money as well.

Better to have a good strategy before you take your side during these heavy days inside the market, adjusting and having
enough patience. That's what investors need to survive.

Russlenat

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Quote from: Oasisman on June 13, 2022, 06:37:18 AM

This could go far down even below $20k, nobody knows what happens next. After the crypto market losses $100b it immediately drops $25k level and currently Btc continued to fall down as it's currently trading at $23,700+.
Please replace that " now what" type of mindset coz this the "this is it" situation. This is what the crypto enthusiast is looking for. A good entry point.

Right now, bitcoin has already hit $21k but that won't guarantee that bitcoin will continue to surge and skyrocket. As the bear market continues and still very visible, then bitcoin will always be affected and will eventually drop its price again to a much lower value. While others have already doubted the potentials of bitcoin and expect that its price is hardly to recover, strong hands too are now seizing the opportunities to accumulate a lot of bitcoin while the price is still having a big crash.

gunhell16

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Quote from: roadrunnerjaiv2025 on June 13, 2022, 06:24:50 AM

Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?

From this moment, the price of Bitcoin is moving between 19k$-21k$, as long as you have the capacity to buy it, you must do it now then hold. Here try to check and review this link
https://bitcointalksearch.org/topic/m.60520337 you can see the history of Bitcoin value since it was started up to the present time now where as time goes by the price always increased in the market even it got dumped the price still the goes up.

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Quote from: kawetsriyanto on July 05, 2022, 06:55:33 PM

Quote from: Lanatsa on June 24, 2022, 06:56:50 PM

Now we are once again on a sideways situation where price do able to held up and playing around 20-21k price as of this moment.There's no any signs of being bull or bear run but i wont really be surprised if ever the price will be going down even further but it does have a strong support on 17k area but we know that nothing is assured until we do able to get out with these levels.

The current Bitcoin price range is $18k - $21k, we are experiencing this sideways for several weeks. Yes, it is not clear whether Bitcoin to increase or drop more after this sideways. However, since we are in the bearish season, I assume we probably see more dumps once this sideways ends. I don't see any strong signs for Bitcoin price to increase again significantly. Instead, we have more bad issues that seem to lead Bitcoin to the upcoming dumps. So, I think in the next dumps, $17k may be passed. The Bitcoin price range in the next sideways may be $15k - $18k. IMO

When you are doing scalping then it would really be still a considerable movement for you to make profits and even on swing trading yet small percentage gains would already suffice.
For people who do aim for long term then this is something that wont really be stressing them out. Just on looking on what the market moves and behaves and pertaining about possible bottom
then this is where they do make out some significant decisions in regarding on buying movement.

Sideways to Downhill is something a situation to be that common into this market and it do happen for thousand of times into this crypto space.Get used yourself to it because market
is unpredictable since from the start.There's no way that we could determine on when it would start on moving.

BuNga_cute

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Quote from: tygeade on July 05, 2022, 04:48:20 PM

Quote from: Fredomago on July 05, 2022, 08:49:49 AM

Keeping a positive approach while you are into this kind of industry will allow you to develop good and useful mindsets, there are sways that might affect your trading position and a need of adjustment that will let you continue to be compensated, but not all can do things like this and possibilities of losing a trade is not impossible, but coping and moving forward is the best thing to take the challenge..

It is certainly something that will decide on the future of your profits as well. If you know what you are doing right now, then you would be easily making profit later on. People who could turn a profit during a bear period would find the bull period very easy. This is why I personally feel like it's easy to go over this bear period?

I just buy as much as I can, and I hold it as much as I can, and then I turn a profit from it when the time comes. Yes, it's not easy, and yes it takes time but at the same time we are talking about something simple here, just buy and hold. This is why it's quite easy to "survive" this period, and then make a profit later.

If we understand the crypto world well, of course we will always find a way to make a profit. Even in a bear market situation we don't need
to panic, because if we understand how the crypto market works, we only need to buy coins that we consider potential according to our
respective financial capabilities. After that we only need to hold the coins until the market recovers, everything will be easy for us to do as long as
we believe in the future of the coins we will buy, so there is encouragement and motivation in us to continue to do what we think is right.
So far, I have succeeded in generating satisfactory profits from crypto. Therefore, a very drastic market decline did not make me give up and
I can always survive in the crypto market in any situation. Because I never stop learning about the crypto world, so I know what I have to do
to survive and make a profit in the crypto world.

kawetsriyanto

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Quote from: Lanatsa on June 24, 2022, 06:56:50 PM

Now we are once again on a sideways situation where price do able to held up and playing around 20-21k price as of this moment.There's no any signs of being bull or bear run but i wont really be surprised if ever the price will be going down even further but it does have a strong support on 17k area but we know that nothing is assured until we do able to get out with these levels.

The current Bitcoin price range is $18k - $21k, we are experiencing this sideways for several weeks. Yes, it is not clear whether Bitcoin to increase or drop more after this sideways. However, since we are in the bearish season, I assume we probably see more dumps once this sideways ends. I don't see any strong signs for Bitcoin price to increase again significantly. Instead, we have more bad issues that seem to lead Bitcoin to the upcoming dumps. So, I think in the next dumps, $17k may be passed. The Bitcoin price range in the next sideways may be $15k - $18k. IMO

Quidat

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Quote from: tbterryboy on June 29, 2022, 02:48:02 AM

Quote from: bitgov on June 19, 2022, 05:28:47 AM

Quote from: Quidat on June 19, 2022, 02:01:47 AM

If you're long term then it would really be understandable that you do need to wait and patience would really be tested on times like these and it's not surprising that market could really move sideways whether going up next or would really dip down further that's why it's really hard.

When you do have the experience then you do have the advantage over or compared to those people who are just new to deal with the market. So expect the unexpected because everything could really happen along the way.

Some people are always in hurry they want to get profit as early as possible.
I am one such character - so the waiting time is so much trouble for me. for this I always find an alternative sources and I have to keep myself very calm while doing all this.

The biggest alternative that I found has been gaming, during this low period I just love gaming and I played a lot of games, not a lot because I am working hard these days, but whenever I got any free time, that went to playing a game.

Plus, I had some health issues, for some weird reason I damaged my muscles in my left peck, so like left side of my stomach, so I have been laying down a lot these days, not a horrible big injury or anything, been a week and already feeling better, but that took some of the attention away as well. All in all, it feels like it is a great period to find alternative sources of fun or anything that takes your focus away, so you can wait patiently, and fail, or have fun doing something else.

Not all people are gamers or who do really get enjoyed by playing games which does simply means that not all would really get entertained from it but its really effective on making
yourself get out from stress on looking into your portfolio on making yourself get distracted because if you do keep yourself on watching and checking out every now and then
then it would really be the most stressful thing that you would really be able to experience.I know its not something simple and easy to deal with stress and fear when you do see
that your investments is going low but to consider that this had been always the case on this unpredictable market then making yourself get used to it.

tygeade

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Quote from: Fredomago on July 05, 2022, 08:49:49 AM

Keeping a positive approach while you are into this kind of industry will allow you to develop good and useful mindsets, there are sways that might affect your trading position and a need of adjustment that will let you continue to be compensated, but not all can do things like this and possibilities of losing a trade is not impossible, but coping and moving forward is the best thing to take the challenge..

It is certainly something that will decide on the future of your profits as well. If you know what you are doing right now, then you would be easily making profit later on. People who could turn a profit during a bear period would find the bull period very easy. This is why I personally feel like it's easy to go over this bear period?

I just buy as much as I can, and I hold it as much as I can, and then I turn a profit from it when the time comes. Yes, it's not easy, and yes it takes time but at the same time we are talking about something simple here, just buy and hold. This is why it's quite easy to "survive" this period, and then make a profit later.

Fredomago

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Quote from: TheUltraElite on July 05, 2022, 12:10:29 AM

Quote from: Bitcoin2009 on June 28, 2022, 02:43:30 AM

8 years I know bitcoin and have stopped since 2018 because at that time the price dropped more than 70%, I bought bitcoin when it was $12k in 2018 and had a chance to sell at $19k but I was too optimistic that the price would go up, next year 2018 I sold all balances for around $5500, of course cost me over 50% off and now is a good time to buy and start again.

The long charts of Bitcoin reveal it's movements clearly that it has the tendency to go up and down in long periods. Therefore patience is the key here. Sudden drops are common but keeping patience throughout the cycle helps every trader.

While profits will happen, losses may happen too. It is important that you learn from the mistake and try not to repeat that. Sideways is the time to check your methods again while holding back on trading. Profits will happen when prices go back up again.

Try keeping a positive approach whenever prices drop, that is the time to buy. Don't sell during the bear markets, but this is easier said than done for most traders.

Keeping a positive approach while you are into this kind of industry will allow you to develop good and useful mindsets, there are sways that might affect your trading position and a need of adjustment that will let you continue to be compensated, but not all can do things like this and possibilities of losing a trade is not impossible, but coping and moving forward is the best thing to take the challenge..

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Bitcoin2009 on June 28, 2022, 02:43:30 AM

8 years I know bitcoin and have stopped since 2018 because at that time the price dropped more than 70%, I bought bitcoin when it was $12k in 2018 and had a chance to sell at $19k but I was too optimistic that the price would go up, next year 2018 I sold all balances for around $5500, of course cost me over 50% off and now is a good time to buy and start again.

The long charts of Bitcoin reveal it's movements clearly that it has the tendency to go up and down in long periods. Therefore patience is the key here. Sudden drops are common but keeping patience throughout the cycle helps every trader.

While profits will happen, losses may happen too. It is important that you learn from the mistake and try not to repeat that. Sideways is the time to check your methods again while holding back on trading. Profits will happen when prices go back up again.

Try keeping a positive approach whenever prices drop, that is the time to buy. Don't sell during the bear markets, but this is easier said than done for most traders.

Rufsilf

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Quote from: Bitcoin2009 on June 28, 2022, 02:43:30 AM

8 years I know bitcoin and have stopped since 2018 because at that time the price dropped more than 70%, I bought bitcoin when it was $12k in 2018 and had a chance to sell at $19k but I was too optimistic that the price would go up, next year 2018 I sold all balances for around $5500, of course cost me over 50% off and now is a good time to buy and start again.

Just to think that every drop is not totally reflecting negative as that is somehow a good time for investors.
Many had felt regrets last 2018 after missing the bottom price of Bitcoin but now, people are more optimistic. That's something to say that many had realized the situation and were able to understand the nature of the market and instead of getting into panic, the more getting strengthened their faith and trust as they once witness the capabilities of the market to rally despite the huge decrease.

tbterryboy

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Quote from: bitgov on June 19, 2022, 05:28:47 AM

Quote from: Quidat on June 19, 2022, 02:01:47 AM

If you're long term then it would really be understandable that you do need to wait and patience would really be tested on times like these and it's not surprising that market could really move sideways whether going up next or would really dip down further that's why it's really hard.

When you do have the experience then you do have the advantage over or compared to those people who are just new to deal with the market. So expect the unexpected because everything could really happen along the way.

Some people are always in hurry they want to get profit as early as possible.
I am one such character - so the waiting time is so much trouble for me. for this I always find an alternative sources and I have to keep myself very calm while doing all this.

The biggest alternative that I found has been gaming, during this low period I just love gaming and I played a lot of games, not a lot because I am working hard these days, but whenever I got any free time, that went to playing a game.

Plus, I had some health issues, for some weird reason I damaged my muscles in my left peck, so like left side of my stomach, so I have been laying down a lot these days, not a horrible big injury or anything, been a week and already feeling better, but that took some of the attention away as well. All in all, it feels like it is a great period to find alternative sources of fun or anything that takes your focus away, so you can wait patiently, and fail, or have fun doing something else.

Bitcoin2009

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8 years I know bitcoin and have stopped since 2018 because at that time the price dropped more than 70%, I bought bitcoin when it was $12k in 2018 and had a chance to sell at $19k but I was too optimistic that the price would go up, next year 2018 I sold all balances for around $5500, of course cost me over 50% off and now is a good time to buy and start again.

carlfebz2

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Quote from: TimeTeller on June 27, 2022, 12:37:28 PM

Quote from: Fivestar4everMVP on June 26, 2022, 02:15:33 PM

Quote from: roadrunnerjaiv2025 on June 13, 2022, 06:24:50 AM

Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?

I believe by now, you should see that everything have turned for bitcoin, though not very much but bitcoin market right now is in a much better position than it were some few days back.
Know it that every dip is a buying opportunity, it is important to understand that bitcoin price can't just keep going up, there will always be down times and this time is the best time to buy.
Though I don't really pay attention to all this so called experts predictions, but then, many of them still believe that bitcoin will end the year 2022 with a price of over $100,000, I don't know how possible this is but one thing I do know is that, every dip in bitcoin's price is a buying opportunity, for it will always go back up.

We really don't need to listen to these self-proclaimed experts because they are also human.
And they are just trying to make their own speculations based on what is happening around the market.
If you are a long-time user or holder, just follow your instincts because it is your money at stake.
They can predict high prices of btc, but ask yourself, what is the rate that it will become reality?
Be realistic with goals, so you won't be disappointed later on. Just be gentle on yourself.

Im never a fan on following someone when it comes on making out investment or decisions in towards crypto by those so called experts and same as you said that they are just the same as ours which is mere

speculators too because market is unpredictable and there's no way that someone could really be having that knowledge or talking about speculations which are precise.

The market we do have now is again doing sideways movements which it is really hard to take some guess on where it would be heading next.Its really hard when it doesnt make
much movement not just like into those normal days but we know that instances or situations like this are normal.

TimeTeller

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Quote from: Fivestar4everMVP on June 26, 2022, 02:15:33 PM

Quote from: roadrunnerjaiv2025 on June 13, 2022, 06:24:50 AM

Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?

I believe by now, you should see that everything have turned for bitcoin, though not very much but bitcoin market right now is in a much better position than it were some few days back.
Know it that every dip is a buying opportunity, it is important to understand that bitcoin price can't just keep going up, there will always be down times and this time is the best time to buy.
Though I don't really pay attention to all this so called experts predictions, but then, many of them still believe that bitcoin will end the year 2022 with a price of over $100,000, I don't know how possible this is but one thing I do know is that, every dip in bitcoin's price is a buying opportunity, for it will always go back up.

We really don't need to listen to these self-proclaimed experts because they are also human.
And they are just trying to make their own speculations based on what is happening around the market.
If you are a long-time user or holder, just follow your instincts because it is your money at stake.
They can predict high prices of btc, but ask yourself, what is the rate that it will become reality?
Be realistic with goals, so you won't be disappointed later on. Just be gentle on yourself.

Fivestar4everMVP

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Quote from: roadrunnerjaiv2025 on June 13, 2022, 06:24:50 AM

Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?

I believe by now, you should see that everything have turned for bitcoin, though not very much but bitcoin market right now is in a much better position than it were some few days back.
Know it that every dip is a buying opportunity, it is important to understand that bitcoin price can't just keep going up, there will always be down times and this time is the best time to buy.
Though I don't really pay attention to all this so called experts predictions, but then, many of them still believe that bitcoin will end the year 2022 with a price of over $100,000, I don't know how possible this is but one thing I do know is that, every dip in bitcoin's price is a buying opportunity, for it will always go back up.

Lanatsa

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Quote from: roadrunnerjaiv2025 on June 13, 2022, 06:24:50 AM

Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?

Now we are once again on a sideways situation where price do able to held up and playing around 20-21k price as of this moment.There's no any signs of being bull or bear run but i wont really be surprised if ever the

price will be going down even further but it does have a strong support on 17k area but we know that nothing is assured until we do able to get out with these levels.Its really hard to determine on what would be the

move you would gonna do in these times considering that market could really move unexpectedly on what we do expect neither going sharp downhill or would be seeing some Uphill on next weeks or months to come.
Hardest part is always been pertaining about price speculations or on what would be the next movement.

Ultegra134

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Quote from: 0verseer on June 24, 2022, 10:56:28 AM

Quote from: Ultegra134 on June 24, 2022, 07:30:41 AM

An hour later after my post, it was already heading towards $21.000. The past few weeks have been extremely volatile, my best guess is that such volatility will continue for quite some time. At one point, I was certain that we were going to reach $15.000, however, it quickly recovered from $17.500. Although, it's way too quick to judge, because it could suddenly crash again, just like it happened a few days ago.

Despite the small recovery attempt today, one thing is for sure, it'll be a long and depressing winter. I hope I'm wrong.

You ain't wrong. We think it has recovered but zoom out the charts, this is just another sideway from the extremely volatile crypto market when everyone is in fear of the bearish market. Sideway -> down then sideway -> down again, rinse and repeat.

The current recovery is a drop in the ocean. In my opinion, it's simply a way of "misleading" us before it crashes again. The two most probably scenarios are that it'll stay relatively stable within the range of $18.000 - $20.000, or it'll go downhill, possibly below $15.000 before we see anything major in terms of recovery on the market. I'm opting for the second, crashes are not over yet, I find it hard to believe that $17.500 was the bottom of the barrel.

0verseer

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Quote from: Ultegra134 on June 24, 2022, 07:30:41 AM

An hour later after my post, it was already heading towards $21.000. The past few weeks have been extremely volatile, my best guess is that such volatility will continue for quite some time. At one point, I was certain that we were going to reach $15.000, however, it quickly recovered from $17.500. Although, it's way too quick to judge, because it could suddenly crash again, just like it happened a few days ago.

Despite the small recovery attempt today, one thing is for sure, it'll be a long and depressing winter. I hope I'm wrong.

You ain't wrong. We think it has recovered but zoom out the charts, this is just another sideway from the extremely volatile crypto market when everyone is in fear of the bearish market. Sideway -> down then sideway -> down again, rinse and repeat.

Fredomago

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Quote from: yhiaali3 on June 22, 2022, 09:33:04 PM

In this case you can only do one thing "Hold", this is the best option at the moment all the weak hands who sold their bitcoin will surely regret, another thing you can also do if you have a dollar you have to buy more bitcoin Every drop because this is a great opportunity that may not be repeated in the future. The market situation is now difficult and the global economy is in a downturn so it is better at this stage to leave work and go on vacation until the situation stabilizes. Personally, I am optimistic that Bitcoin will do it this time as it has always done and come back stronger than it was.

All those who collapsed when fear are surrounding the whole market those who sell their assets after the value went down to $17k they are all being played by the dumpers who quickly buy back the coin and pumped it back to $21K, it's always good to stay patient while the market is unsure, otherwise you will lose your investment.

There are lots of reason but if you are unsure better to stay calm and wait for the market to recover instead of trying to cut your losses.

Topic: From Sideways to Downhill (Read 791 times)