You are keep asking for New ATH but the question is that "Are you Investing"? because for someone to expect a great hype they must be adding value to the market in which investing with good amount.
But if you are just here to lurk without any giving then better to keep your mouth shut.
Topic: How do you manage Bitcoin price now - page 7. (Read 1110 times)
In the hourly and even daily charts, it seems the price really has no specific direction. It could go either up or down. This is exactly one of those times when you just have to buy or hodl and wait for a longer time frame. The lack of direction can only be found in the short term. If you zoom it out even a little you will see that the direction is really upward. Particularly now in the final quarter of 2021, I am still convinced that the general movement of Bitcoin's price is upward.
I think the price will be like that for temporary as I do not see the price still up and down many times and confuse some traders to determine where the bitcoin price will go. This situation is good enough to buy low and sell high and we do not have to wait for a long time to sell bitcoin and make a profit. It is better to make a small profit and have a chance to repeat the process because that means our profit will be bigger too. We are in the last quarter of 2021 so hopefully, the bitcoin price can surprise us at the end of this year. In the hourly and even daily charts, it seems the price really has no specific direction. It could go either up or down. This is exactly one of those times when you just have to buy or hodl and wait for a longer time frame. The lack of direction can only be found in the short term. If you zoom it out even a little you will see that the direction is really upward. Particularly now in the final quarter of 2021, I am still convinced that the general movement of Bitcoin's price is upward.
It's normal to se indecision using low time frame such as daily and below on this volatile market. Use longer time frame like weekly to have a general overview on the crypto market. According on weekly chart, Bitcoin is already turn in to bullish after printing a 2 consecutive solid red candle for 2 weeks. We might experience a further downward movement on the following week until we reach strong support and bounce from there. 50K level is my best guess for this before we enter bullish market again on December.
I think this might be the low and if we do break and head lower the $53K support will be front run. This is what usually happens in very strong bull markets. If it gets front run then you know it’ll break ATH soon. Because right now too many people are selling Bitcoin for alts and the people who want to buy will buy at $53K.
With stocks hitting ATH last week I am expecting for crypto to continue it correlation and it will rally together. Seems Bitcoin showed more strength today compared to ETH which is what you want to see.
With stocks hitting ATH last week I am expecting for crypto to continue it correlation and it will rally together. Seems Bitcoin showed more strength today compared to ETH which is what you want to see.
In the hourly and even daily charts, it seems the price really has no specific direction. It could go either up or down. This is exactly one of those times when you just have to buy or hodl and wait for a longer time frame. The lack of direction can only be found in the short term. If you zoom it out even a little you will see that the direction is really upward. Particularly now in the final quarter of 2021, I am still convinced that the general movement of Bitcoin's price is upward.
I will say the market has no direction now and so far we have seen a new ATH even if this is the highest Bitcoin can go for the year it's still a good profit for patient holders. To you how would you manage the price of Bitcoin now will you still risk the market or patiently wait for a new break-out on either side of the trend?
Just hodl if you can't manage the market right especially if you don't have a skills in trading when the market is red. But instead buy more if you see an opportunity to gain more because Bitcoin is worthy to hold in the long run. Only pro traders that has a set of skills can make a profit in this kind of market and you don't need to push yourself that hard if you won't be gaining anything in return.This price is just the result a normal movement of the traders plus the correction but to tell you what this is better than Bitcoin continuously going upward trend because the drop isn't that high too which makes the market to hold long before breaking a new ATH someday.
I will say the market has no direction now and so far we have seen a new ATH even if this is the highest Bitcoin can go for the year it's still a good profit for patient holders. To you how would you manage the price of Bitcoin now will you still risk the market or patiently wait for a new break-out on either side of the trend?
With regards to Bitcoin, I’m always willing to hold and take the risk even if there are so many negative news about Bitcoin in the past days, especially with regards to banning Bitcoin and the government trying to take Bitcoin down. We’re on the sideways and trying to stay above the support level but there’s a chance that we can enter into another bear market, just be ready for the and make a good strategy to still make money even on a bear market, Bitcoin will always rise.which whether we do buy or simply wait for some opportunity.
However, despite all these uncertainties, i still manage to stay calm and continue hodling my coins because i know this correction won't stay for long. Eventually, things will be back to norman and we witness again new ATH for bitcoin and for those top altcoins.
At this moment bitcoin is not stable as it will either pump and head towards new ATH or else there will be further correction. It's risky to enter now and from my opinion it's better to wait and once the market moves either sides we can make entry according instead taking chances and entering now. Well for long term holders it doesn't matter as they will be already in profit and they don't have to panic
If a person is a trader then it is important to have several strategies depending on the market conditions, right now the market is ranging, which means that it is not moving towards any direction in particular, still this is enough to produce profits if you have an effective ranging trading system.However if someone is thinking on investing in bitcoin for the short term it could be a good idea to wait a little bit and see if the market takes a direction as otherwise if you take the position before that happens and you took the wrong one then some losses would be inevitable, however if you are a long term investor there is no need to do that as almost any moment is a good moment to buy bitcoin as sooner or later bitcoin will surpass with ease the level at which you bought it.
I will say the market has no direction now and so far we have seen a new ATH even if this is the highest Bitcoin can go for the year it's still a good profit for patient holders. To you how would you manage the price of Bitcoin now will you still risk the market or patiently wait for a new break-out on either side of the trend?
With regards to Bitcoin, I’m always willing to hold and take the risk even if there are so many negative news about Bitcoin in the past days, especially with regards to banning Bitcoin and the government trying to take Bitcoin down. We’re on the sideways and trying to stay above the support level but there’s a chance that we can enter into another bear market, just be ready for the and make a good strategy to still make money even on a bear market, Bitcoin will always rise.which whether we do buy or simply wait for some opportunity.
I don't implement any system at this time for my bitcoin and just hodl ! it shouldn't be like that but some business keeps me can't managing my bitcoin assets ! should bitcoin asset management be important ,you can buy altcoins that are tren in any market to increase amount so not only hodl for something that is not certain ! trade when you get enlightened and find opportunities wherever they are so don't stop at one point
but I actually agree with your way to hold bitcoin, because that is the best way that can be done right now. although we see bitcoin corrected quite deeply but usually bitcoin will be able to make changes at any time to increase again. this seems to have been done several times when bitcoin reaches ATH then there will be a correction again but there will be an increase to reach renewable ATH.if there is an intention from you to change to altcoins, of course that is something that can be done, but it seems that altcoins are also not good because of the effects of bitcoin. all once again depends on you who have analyzed well and feel what you are going to do is the best possible alternative by changing to altcoim.
For bitcoin, always hold them because eventually once this correction will be over, bitcoin will always create higher chances to reach its new ATH that will give benefits to those long term holders for bitcoin.
I don't implement any system at this time for my bitcoin and just hodl ! it shouldn't be like that but some business keeps me can't managing my bitcoin assets ! should bitcoin asset management be important ,you can buy altcoins that are tren in any market to increase amount so not only hodl for something that is not certain ! trade when you get enlightened and find opportunities wherever they are so don't stop at one point
but I actually agree with your way to hold bitcoin, because that is the best way that can be done right now. although we see bitcoin corrected quite deeply but usually bitcoin will be able to make changes at any time to increase again. this seems to have been done several times when bitcoin reaches ATH then there will be a correction again but there will be an increase to reach renewable ATH.if there is an intention from you to change to altcoins, of course that is something that can be done, but it seems that altcoins are also not good because of the effects of bitcoin. all once again depends on you who have analyzed well and feel what you are going to do is the best possible alternative by changing to altcoim.
I will say the market has no direction now and so far we have seen a new ATH even if this is the highest Bitcoin can go for the year it's still a good profit for patient holders. To you how would you manage the price of Bitcoin now will you still risk the market or patiently wait for a new break-out on either side of the trend?
no direction? lol can't you see the graph is pointing towards growth , have we met multiple ATH almost every quarter? so we must understand the bull is still on process of making high and high.I am seeing the 80k maximum price this year end.
This is just part of the process, but always look at the future as bitcoin will eventually achieve a new ATH, maybe not this year but for sure by next year there will be a lot of surprises. In every ATH reached, we can always expect a correction and what we are seeing is just pure correction.
I am still confident about getting a new ATH this year but at the same time bitcoin market is looking like struggling without any big triggering news for heading in one direction. I am also seeing people are getting panic when they are seeing small corrections in the market but when they get used to usual cycle of market like reaching a new ATH and then some corrections after that, then probably they will not look for any suggestion from this community but will go for using dips in their favor. When market is falling down, what else we could expect other than this kind of confusion from most people. Therefore as an investor or trader then you should really know on how to utilize these movements for your advantage.
We cant really just have a market with having continous price increase.
For now the best thing to do is to wait up for possible bottom. How to find out? Its up on someones choice and analysis because
not all would really be having the same mindset and decision.
This is just part of the process, but always look at the future as bitcoin will eventually achieve a new ATH, maybe not this year but for sure by next year there will be a lot of surprises. In every ATH reached, we can always expect a correction and what we are seeing is just pure correction.
I am still confident about getting a new ATH this year but at the same time bitcoin market is looking like struggling without any big triggering news for heading in one direction. I am also seeing people are getting panic when they are seeing small corrections in the market but when they get used to usual cycle of market like reaching a new ATH and then some corrections after that, then probably they will not look for any suggestion from this community but will go for using dips in their favor. When market is falling down, what else we could expect other than this kind of confusion from most people.
I don't implement any system at this time for my bitcoin and just hodl ! it shouldn't be like that but some business keeps me can't managing my bitcoin assets ! should bitcoin asset management be important ,you can buy altcoins that are tren in any market to increase amount so not only hodl for something that is not certain ! trade when you get enlightened and find opportunities wherever they are so don't stop at one point
I still manage my time by holding my bitcoin after buying for more because I believe this correction will not last forever and will change with the rise of bitcoin. I want to become a holder for a long time while trading to profit from the fluctuating price. So I do not mind seeing the correction come this time because that will be my best time to buy more bitcoin and I hope people will not panic because of this correction instead of knowing what they need to do for their benefit.
Whenever i am feeling this is the bottom and it will not go further down , Bitcoin prove me wrong. And whenever i feel its top and possible bitcoin will go down from this price , bitcoin always go up. So the statement " There is always a bottom after bottom , and there is always a top over top " is right for bitcoin. So whatever decision we take we have to enjoy it , otherwise we will spend un-necessary time in regretting.
You are just right. Bitcoin is looking unpredictable this time. Yesterday's bottom has continued this morning still pushing down who knows the support it is trying to find at the moment. The price rally is heading bear yet, hope it won't have to end bear for November ending against the bullish speculation for the year as opening bear for December may be difficult to achieve a bull. It is better to grow with the bull rally for the last month.
Whenever i am feeling this is the bottom and it will not go further down , Bitcoin prove me wrong. And whenever i feel its top and possible bitcoin will go down from this price , bitcoin always go up. So the statement " There is always a bottom after bottom , and there is always a top over top " is right for bitcoin. So whatever decision we take we have to enjoy it , otherwise we will spend un-necessary time in regretting.
To you how would you manage the price of Bitcoin now will you still risk the market or patiently wait for a new break-out on either side of the trend?
Lol. Actually you can't manage the price of Bitcoin, you can manage your investment, your portfolio, although I get what you mean. In my case I am patient. I keep buying regularly no matter what the price does. I prefer the price going op, so I see that my net worth increases, but if it goes down I just think I am going to buy cheaper.
To you how would you manage the price of Bitcoin now will you still risk the market or patiently wait for a new break-out on either side of the trend?
Lol. Actually you can't manage the price of Bitcoin, you can manage your investment, your portfolio, although I get what you mean. In my case I am patient. I keep buying regularly no matter what the price does. I prefer the price going op, so I see that my net worth increases, but if it goes down I just think I am going to buy cheaper.
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