I have become cautious on the market

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: pooya87 on October 04, 2021, 12:51:46 AM

Quote from: RealMalatesta on October 03, 2021, 11:01:36 AM

Both actions are wrong, it is always better to wait for a crash before you buy, if there is a huge crash that makes everyone upset then you can buy and then you will make enough money to say that you made a good purchase, plus of course you need to do research as well.

These are all pretty theories but they remain theories. The reality is that people know this and yet they continue panic selling and panic buying. We even saw a case of panic buying but a very small scale recently when price jumped from $42k to $48k as a very tiny number of panic buyers jumped in.
Just wait until price breaks certain resistances and the FUD campaign to end and you'll see more of it...

If you are someone who do jump into this market without having any ideas on how it works then you would totally commit out mistakes but its part of the learning process because you wont really be learning if you don't experience things.

You would really be cautious in next time because you do have already the experience and this is where you do really depend on your skills that you have learnt.

It is just sensible that you would really be making out adjustment since you do already know on what to do next time.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

Quote from: pooya87 on October 04, 2021, 12:51:46 AM

Quote from: RealMalatesta on October 03, 2021, 11:01:36 AM

Both actions are wrong, it is always better to wait for a crash before you buy, if there is a huge crash that makes everyone upset then you can buy and then you will make enough money to say that you made a good purchase, plus of course you need to do research as well.

These are all pretty theories but they remain theories. The reality is that people know this and yet they continue panic selling and panic buying. We even saw a case of panic buying but a very small scale recently when price jumped from $42k to $48k as a very tiny number of panic buyers jumped in.
Just wait until price breaks certain resistances and the FUD campaign to end and you'll see more of it...

Unfortunately people are not financially educated in the world, that is the biggest trouble. What is it that decides basically all of our future? How we live, what type of life style we have, what type of house we have, what type of hobbies we may get, basically ALL of our lives?

It is money, if you do not have any money, barely survive, live in a bunker level place, barely eat food, then you will not be able to enjoy life, or if you are very wealthy then you would know your hobbies, can spend time on them, go to best doctors when you have something or just generally live a great life, it is ALL related to money. What do we not teach children at school? Finance, as in money.

There is no class from first grade until college regarding money and in college only the people picked a major that is related to money sees something about it, I studied literature and I never saw anything related to money for 16 years when I studied from age 6 to age 22. This is why people do not know what to do and panic, because for them money is something like a hobby, earning money is something you learn after you are 22 years old (for most people) and that is why it is hard to get good at it.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: RealMalatesta on October 03, 2021, 11:01:36 AM

Both actions are wrong, it is always better to wait for a crash before you buy, if there is a huge crash that makes everyone upset then you can buy and then you will make enough money to say that you made a good purchase, plus of course you need to do research as well.

These are all pretty theories but they remain theories. The reality is that people know this and yet they continue panic selling and panic buying. We even saw a case of panic buying but a very small scale recently when price jumped from $42k to $48k as a very tiny number of panic buyers jumped in.
Just wait until price breaks certain resistances and the FUD campaign to end and you'll see more of it...

RealMalatesta

legendary

Activity: 2338

Merit: 1124

Quote from: ipanks on October 03, 2021, 04:17:41 AM

To be careful is what every investor needs to do before they want to spend their money on the investment. It is better to research for more than invest in a rush because that can lead you to lose your money value. But if that is about invested in bitcoin, your loss can be back to profit in the future, especially if bitcoin prices back increases to the higher price, more than the price you bought before. If you can research before buying bitcoin, you will know when a good time to buy bitcoin and what to avoid while you invest in bitcoin.

When people rush into things that is due to two things ; either they are very new and they want to take advantage of the crypto market like they heard so many people made money from and they want to buy and hope that they would be able make money right away as well, or they are in but they got out and they saw it going up again so they will end up buying again right away to not miss out.

Both actions are wrong, it is always better to wait for a crash before you buy, if there is a huge crash that makes everyone upset then you can buy and then you will make enough money to say that you made a good purchase, plus of course you need to do research as well.

STT

legendary

Activity: 4088

Merit: 1452

Just recently we are once again approaching the highs or trend highs that match the whole years higher tier price action. On the recent lows we travelled above the 12hr average with very fast momentum, stayed sideways above that and now find 2 day average marks lows and price registering gains today.
Generally I wont count any of these gains till it solidifies on 4hr bars above the declining trend, so later Aug highs and mid sept also as per OP

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: ipanks on October 03, 2021, 04:17:41 AM

Quote from: Dhaniii on October 03, 2021, 03:18:35 AM

some crypto players see market movements in a day, so they are very careful in investing. while some of their investors keep their bitcoins for a little longer, at least 3 months, so the price of bitcoin often falls in the first and second months, they don't pay attention at all, while others panic 3 times a month because they don't have a target in investing.

To be careful is what every investor needs to do before they want to spend their money on the investment. It is better to research for more than invest in a rush because that can lead you to lose your money value. But if that is about invested in bitcoin, your loss can be back to profit in the future, especially if bitcoin prices back increases to the higher price, more than the price you bought before. If you can research before buying bitcoin, you will know when a good time to buy bitcoin and what to avoid while you invest in bitcoin.

We must always be careful when making decisions when investing in crypto. Because investing in crypto can not only generate big profits,
we can also experience big losses. Moreover, crypto prices are very volatile, it is very necessary to research and analyze price movements
in the market. In order to at least get an idea of where the market will move, so the decisions taken can be right. Because it is very important
to make preparations, so that the money we use for investment is not wasted.

Devifajarina

full member

Activity: 602

Merit: 102

Trident Protocol | Simple «buy-hold-earn» system!

Quote from: bbc.reporter on September 22, 2021, 08:45:30 PM

I have become more cautious on the market from speculating that it might pump similar to the pump of December of 2020. My reasons for this are China Evergrande and the speculated connection of Tether’s holding of Chinese companies commercial paper. Tether’s lawyer denies this, however, we cannot trust his word until we can verify this.

Also, bitcoin is moving higher after the dump, however, open interest is not increasing and funding rate is negative. This implies traders are short selling.

Caution in the market from speculation is needed, the current market conditions are not so erratic, so caution is needed in making decisions, speculation made by China is also very dangerous for bitcoin and other coins, although not so much impact, but this has affected some investors to refrain from buying or mining, but in the case of bitcoin I believe it will see a rise in price by the end of this year.

ipanks

hero member

Activity: 1610

Merit: 507

Quote from: Dhaniii on October 03, 2021, 03:18:35 AM

some crypto players see market movements in a day, so they are very careful in investing. while some of their investors keep their bitcoins for a little longer, at least 3 months, so the price of bitcoin often falls in the first and second months, they don't pay attention at all, while others panic 3 times a month because they don't have a target in investing.

To be careful is what every investor needs to do before they want to spend their money on the investment. It is better to research for more than invest in a rush because that can lead you to lose your money value. But if that is about invested in bitcoin, your loss can be back to profit in the future, especially if bitcoin prices back increases to the higher price, more than the price you bought before. If you can research before buying bitcoin, you will know when a good time to buy bitcoin and what to avoid while you invest in bitcoin.

rincoeng1986

member

Activity: 574

Merit: 25

Quote from: Victorycoin on September 30, 2021, 03:50:00 AM

Good for traders to be cautious in the crypto market many people are terrified when prices go down this happens when whales have an effect the fall of bitcoin had a domino effect on cryptocurrency markets. Cryptocurrencies have also fallen by more than 10% and cryptocurrency market valuations have plummeted the biggest damage was done but something new will be seen in October or 2022.

after a few days ago the market often fell suddenly, investors have started to worry about investing. just this october bitcoin already has brightness and a sudden pump starts from $40k to $47k all of a sudden. Yes, it's true, as you said, traders have started to be careful about investing or in choosing which tokens to invest.

Dhaniii

full member

Activity: 728

Merit: 100

https://i.imgur.com/hgxNNiA.png

some crypto players see market movements in a day, so they are very careful in investing. while some of their investors keep their bitcoins for a little longer, at least 3 months, so the price of bitcoin often falls in the first and second months, they don't pay attention at all, while others panic 3 times a month because they don't have a target in investing.

wajik-tempe

sr. member

Activity: 1022

Merit: 252

Quote from: bbc.reporter on October 01, 2021, 10:00:49 PM

I am becoming presently a little optimistic, however, I remain cautious. The pump for 2 days have appeared to be very strong, but much of them were caused by 2 short squeezes of leveraged short positions. Let us pray that whales will not dump on the leveraged long positions because a small dump can also easily dump the price down to $42k.

New support created and new month started a very good sign, i'm sure it was the time when investors are buying back BTC after they hold another for so long. Let's hope this is not a bull trap and bitcoin going to 50k and keep strong on that.
The media needs to make a good news for bitcoin to make the disappointed investors caused by bitcoin drops, back to invest again because they will see the bright future of bitcoin

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: ?? on ??

That company doesn't have any connection with cryptocurrency market so I don't see why it could cause a bad movement in the market, plus it's likely that bitcoin will still pump in December, just hodl.

Absolutely, the crypto market has nothing to do with anyone bitcoin is reaching a high position due to the high demand of the market and its ups and downs the market can't be panicked hold on for the best time bitcoin will pump a lot.

bbc.reporter

legendary

Activity: 3010

Merit: 1460

Quote from: Johnyz on October 02, 2021, 04:50:11 PM

Quote from: bbc.reporter on October 01, 2021, 10:00:49 PM

I am becoming presently a little optimistic, however, I remain cautious. The pump for 2 days have appeared to be very strong, but much of them were caused by 2 short squeezes of leveraged short positions. Let us pray that whales will not dump on the leveraged long positions because a small dump can also easily dump the price down to $42k.

There’s still a possibility that this is just a bull trap, so better to be cautious always than to over confident in the market, you have to look at the positive and negative side of the market and remain neutral since you’re playing with your money, this could help you to prevent from losing money. The market is getting better now, but let’s open for a possibility of a corrections.

Agreed. There some onchain analysis that compares price to longterm holder profit and loss ratio that appears to show that April’s all time high was this cycle’s high.

Source https://mobile.twitter.com/txmctrades/status/1444410892565852162?s=12

However, it might also depend on the approval of ETFs for bitcoin. There are 4 applications that were delayed for 45 days. I speculate more delays on the others may come.

On Friday, the U.S. Securities and Exchange Commission (SEC) has delayed four bitcoin exchange-traded funds (ETF) deadlines for another 45 days. The regulator notes that the entity needs more time to decide on the ETF applications.

Source https://news.bitcoin.com/sec-delays-4-bitcoin-etf-deadlines-regulator-finds-it-appropriate-to-designate-a-longer-period-of-time/

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: Victorycoin on September 30, 2021, 03:50:00 AM

Good for traders to be cautious in the crypto market many people are terrified when prices go down this happens when whales have an effect the fall of bitcoin had a domino effect on cryptocurrency markets. Cryptocurrencies have also fallen by more than 10% and cryptocurrency market valuations have plummeted the biggest damage was done but something new will be seen in October or 2022.

Being cautious would result on being serious or would really be that careful on making out decisions in the market which is really good but acquiring this kind of behavior would really be depending on your experience.
You wouldnt really become to cautious when you dont have actually the experience you do have in the market.When you do actually aware on whats happening around then you would really be careful with your steps
towards your analysis. You could handle already your emotions based on up your experience then you could able to handle that one.

Johnyz

full member

Activity: 2086

Merit: 193

Quote from: bbc.reporter on October 01, 2021, 10:00:49 PM

I am becoming presently a little optimistic, however, I remain cautious. The pump for 2 days have appeared to be very strong, but much of them were caused by 2 short squeezes of leveraged short positions. Let us pray that whales will not dump on the leveraged long positions because a small dump can also easily dump the price down to $42k.

There’s still a possibility that this is just a bull trap, so better to be cautious always than to over confident in the market, you have to look at the positive and negative side of the market and remain neutral since you’re playing with your money, this could help you to prevent from losing money. The market is getting better now, but let’s open for a possibility of a corrections.

bbc.reporter

legendary

Activity: 3010

Merit: 1460

I am becoming presently a little optimistic, however, I remain cautious. The pump for 2 days have appeared to be very strong, but much of them were caused by 2 short squeezes of leveraged short positions. Let us pray that whales will not dump on the leveraged long positions because a small dump can also easily dump the price down to $42k.

Victorycoin

hero member

Activity: 1134

Merit: 517

Good for traders to be cautious in the crypto market many people are terrified when prices go down this happens when whales have an effect the fall of bitcoin had a domino effect on cryptocurrency markets. Cryptocurrencies have also fallen by more than 10% and cryptocurrency market valuations have plummeted the biggest damage was done but something new will be seen in October or 2022.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: bbc.reporter on September 29, 2021, 12:20:07 AM

@Reatim. Yes Elon. He can affect the price negatively if Tesla sells all $1.5 billion of their bitcoins or an announcement of this might also cause traders to dump in fear.

Also do you know Cathie Wood? She predicted that 1 bitcoin will be worth $500,000 within 5 years. She also said that her fund’s target for Tesla is $3000. However, she has dumped her fund’s Tesla shares. I speculate she is another character who could also dump bitcoin before 2022.

If she is really serious with her predicted price about bitcoin 5 years later, I do not think that she will dump bitcoin before 2022 instead of trying to buy more bitcoin before the price increases.
If she sells her Tesla shares just to buy bitcoin, that will be good for her as she will have more money to buy more bitcoin.
Elon can negatively affect the price of bitcoin, but I guess people will not always listen to him because he already does that and his trick will not work again.
The market is more unpredictable as bitcoin is down and up and down again at the current price and we hope that the price will not go down for more.

bbc.reporter

legendary

Activity: 3010

Merit: 1460

@Reatim. Yes Elon. He can affect the price negatively if Tesla sells all $1.5 billion of their bitcoins or an announcement of this might also cause traders to dump in fear.

Also do you know Cathie Wood? She predicted that 1 bitcoin will be worth $500,000 within 5 years. She also said that her fund’s target for Tesla is $3000. However, she has dumped her fund’s Tesla shares. I speculate she is another character who could also dump bitcoin before 2022.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: bbc.reporter on September 22, 2021, 08:45:30 PM

I have become more cautious on the market from speculating that it might pump similar to the pump of December of 2020. My reasons for this are China Evergrande and the speculated connection of Tether’s holding of Chinese companies commercial paper. Tether’s lawyer denies this, however, we cannot trust his word until we can verify this.

Also, bitcoin is moving higher after the dump, however, open interest is not increasing and funding rate is negative. This implies traders are short selling.

We must be observant from the very beginning because this is our money and the market of volatility like crypto needs to be more supervised and alertly checked before we finally put our money.

Quote from: bbc.reporter on September 28, 2021, 07:49:32 PM

What would be the cause to make the market perform worse than it presently is? Would it be the rejections of all the ETF for bitcoin on October? I speculate something very worse. What if Elon Musk announces that Tesla would be dumping all the coins Tesla holds to clear their balance sheet of bitcoin?

tesla again. Elon Musk again? could we stop for a while and check the reality if Elon really can affect market that deep now?

he had enough in crypto market and we are now facing the true market without the shadow of Elon Musk.

Topic: I have become cautious on the market (Read 416 times)