Topic: In this trading battle which side are you? - page 2. (Read 687 times)

I am on a third part that calls bitcoin a stagnant think 95% of the time which in reality it is. Sometimes bitcoin goes from 3k to 20k, sometimes bitcoin goes from $20k to $6k but most other times bitcoin is something that stays at around the same price hovering near it and never really neither break out or go down. If you check the historical prices the days bitcoin did 10%+ swings are far less than the days it did 15 changes or even less.

It is a currency that barely ever changes 360 days of the year and than either go low or high really a lot and than people think they are in a swinging market. Same goes for people who believe we are in a bear market, that mindset is still with them even after we went from 20k to 6k and than stayed there for the past 5 months, just because we are at 6k doesn't mean we are in a bear market, we are in a stagnant market, we WERE in a bear market. So I believe bitcoin is a stagnant stable currency, neither going up or going down most of the time.

For me i prefer to choose holder side that keep believing the bull run will exist again soon. because there's no other choices and solutions to recover my losses, and indeed patience is a virtue,  so much better to always think positive and avoid being greedy , which just keep holding  until the market stabilize to regain losses.  

Well I got a good reason to say that the bear is going to continue, a lot of great and positive news, add with some green movement still unable to make bitcoin through the resistance level, infact after going up the dropping is so quick and some even touching the support area, so I think the bear is still going to hang around for longer time, we need some big news and breakthrough to make bitcoin out from bear market

I will divide my opinion on how the market will go. I am placing 65% of my bets to the bears where it might continue until december. Why? We already entered the BER months but still, there is no sign of continous upward movement. My 35% goes to thr bulls and a break out from $8000 will be a sign of bullish movement.

I would say both. News are the key, like for example airdrops. People are buying and price is going up to the end of airdrop, when airdrop is end price is going drastically down. There are no traders who support only bears or bulls.   

For me crypto currencies are being opportunities of new world but people are making it look like worst world. They always think that crypto currencies should be going upwards only. But that is misconception about it as bitcoin and altcoins are nothing but the markets that are responsive to surrounding environment. They will adapt, change, and will act in terms of their value according to that only.
I am always trusting the crypto currencies in terms of profits and nothing else. I know bears and bulls will always be there but we cant do anything about it as its very nature of crypto. Just go with it, and keep up the changing strategies all the time.

Both of side will have strong reasons to strengthen their opinion and they will claiming their predictions correct each other but me personally from now on i'm in the hold part because i'm so curious about next year that could the price bounce back or upcoming situations will worst than now but hold long term always have benefit from that

I agree with you and the bull run will commence by first quarter of next year. I believe that the current stability is also a sign that the bulls are ready to push the price forward. If the current level is sustain before the next positive news then we should expect a breakout that will set bullish trend. I could not see bitcoin going down at this moment except somethings very bad happened. That is a nice opinion you have shared and I totally agree with you that the bullrun will be between 2019 and 2020. Since they could not bring bitcoin and cryptocurrencies down this year I strongly believe that governments and institutions investors are going to invest in cryptocurrencies very soon.

As you rightly put it,  uncertainty is very high in cryptocurrency market!  I will like to pitch my tent with those who believe that the bear market will persist. The psychology of trader is such that when there is selling pressure,  they tend to follow the trend and sell even more to get out at all cost and this will further drive down the prices of coin in the cryptocurrency market!

I'm waiting a breakout, but it will take some time. I guess we will see 9k levels at the end of this year, then with the halving and/or etf news there will be another great bullrun in late 2019 or 2020. We still need some time.

i'm still on the fence. we haven't officially left the sideways range we've been trading in for months. we spiked through the top of the range 4 days ago, but on the weekly chart, it only shows as a wick. since there's been no technical breakout yet, we should assume that a breakout in either direction is still totally possible.

i do feel like shorts are quite high and sentiment has been bearish for a while. price usually goes towards the direction of "maximum pain"---i believe that direction is up.

i will on side that believe bull run will come, who else don't want that thing to be happen ?  this is because bear market already took a long time and it is time for people to take their profit.

I hold some cheap coins i expect if the bearish market will end i hope coins i hold give better profits
I am not expecting fast bull run right away but i am side from the positive speculative
I agree nobody when the bull run can goes on but i strongly believe patience is the challenge to got earn

If you are in Trading then you have to see the trend and trade. Right now short term trading is going on as long term traders are still not bullish. So short term trade is profitable and increase the volume of investment you have by this way.

Though I can't see any battle of trade, because everyone is making their own opinion! But If I need to choose one side, Then I will go for trading! Bear market may longer, and it can be ended from the next month! But Trading is always profitable if you can pick the right time. HODL is great but hodl can't make your portfolio bigger at this moment, I am trading to increase my coins, not to sell! So, I am with traders who believe the bear market will end in this year.

There is no possibility of the bearish market continuing any longer. What can happen is that many people may give up waiting and selling, this would push the price to lower levels than those before the split. I find this very unlikely, but it is a possibility. And to that, I would call The Great Bitcoin Crisis.

Continuing in this price range of 6k is impossible in my concept. Most would look for other opportunities with a higher ROI.

Now, what I really believe is that we are about to see the real potential of all the infrastructure being created in the last few months. Several large companies and traditional financial market funds already have at least one person focused exclusively on cryptocurrencies. Many have entire departments. Companies offering portfolios, custody services, exchanges. They are receiving millions of dollars for their structures. In my country, an exchange that belongs to the second largest bank in the country and one of the 20 largest in the world has just been launched.

Traditional media such as Bloomberg, WST, New York Times, CNN have sections unique to cryptocurrencies. Every day university courses are launched at the world's leading universities.

And all this is happening without anyone having the least idea of the correct price of Bitcoin. And how it should be calculated. It is no absurd to imagine that it can reach more than 1 million in 2 years.

I choose bullish market but still on the recovery period and stabilizing part as of now. Remember that the market was downhill for 9 consecutive months without any break. How could we expect it to recover so soon. Let's give time to build strength. I'm positive about the market because of the feeling and hopes of the investors that this year may be the same as last year. Why not.

Some people are clinging to the word "bull run". But this bull run is very dependent on the results of November 5, and if on November 5 the SEC reject the ETFs we will see a market full of blood, and the bitcoin price may fall below $ 6200. I am of the opinion that we should keep calm and not have high expectations and forget bull run. Let's focus on adoption.


I think I do the same thing once I buy and Hold.


But when you buy and the price falls a lot, people are desperate, imagine who bought it when the price was $ 20,000, these people have reasons not to believe in words like "hold and long-term investment"

The crypto is market is full of uncertainty, however certain speculations most times come true, crypto having dropped so huge and being heavily oversold, it is expected that any moment from now should be expected of a rise but how soon is not known, personally I am of the school of thought that the bear market will soon be over if almost not over as btc has shown a strong support around $6000 and may likely reverse from here in due time

No matter what market condition we do have I don't look up if its bearish or bullish and same as said above
as long you can make money then you are on the good side.If you do chase up too much and hold up then
It definitely result into much on a stressing situation unless if you do have the money to patch up and diversify
then it would be an advantage but if you don't have then it would really be hard.