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Topic: Let's share some tips among ourselves. (Read 769 times)

full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
January 14, 2024, 06:52:19 PM
News.

It's not a hidden secret anymore about the news and we all know that there have been various Bitcoin ETF applications being made.

And the impact of it to Bitcoin itself is there but we have to wait first. But with just some news about the application and not the ETF itself has been so good.

We're expecting more with the approvals then.
Update: The BITCOIN ETF has already been approved, dated January 2024. It is one of the most anticipated news stories that investors or bitcoin holders are waiting for, and luckily here it is. It has been approved, but notice that after the approval, the bitcoin price dropped sharply for a certain period. What does this indicate? It only means that many investors are waiting for the result, and the reason for the decrease in price is maybe because many investors anticipate that the ETF will be rejected and many may sell their holdings, but we never know; maybe there are more reasons for that. So we will see that news about crypto currency or something related to crypto currency has an effect on the movement of the price, as investors are very attentive to what is happening in society because it can affect the crypto market as well. So great tip: be aware of the news, be more resourceful, and analyse the news to see how it can affect the market. From there, you can have a split analysis of the market and execute a good investment or trade.
hero member
Activity: 2982
Merit: 678
★Bitvest.io★ Play Plinko or Invest!
December 19, 2023, 06:59:08 PM
News.

It's not a hidden secret anymore about the news and we all know that there have been various Bitcoin ETF applications being made.

And the impact of it to Bitcoin itself is there but we have to wait first. But with just some news about the application and not the ETF itself has been so good.

We're expecting more with the approvals then.
hero member
Activity: 1148
Merit: 518
December 19, 2023, 06:53:54 PM
Withou all these halving discussions, it is very certain that the price of Bitcoin is going to skyrocket by next year looking at what is happening in the market currently. By the time Bitcoin ETF is available to investors, we are going to see a massive movement in the price of Bitcoin and that is going to make things more easier for investors and those that had been waiting to make profits from the market. All Bitcoin holders who had been waiting patiently for years now without selling their holdings will see a huge profits from the market.
Not everyone of us becomes lucky to milk from the space, it's not easy as we all noticed and observed about the activities regarding the system. Bitcoin holders are in the market but most of them doesn't like showing up for recognition, rather they choose to remain calm in whatever activities and projects they make their investments on. There's no amount comparable to what am investor that foreseen the future will gain when he or she finally grab significant profits of these projects. Sharing important tips that's consider to be fundamental and basical for everyone in the space. We might not come acrossed the necessary information on time but we ensure to make good use of the one promising project that comes our way.
full member
Activity: 1498
Merit: 132
BK8 - Most Trusted Gambling Platform
November 25, 2023, 05:58:09 PM
Withou all these halving discussions, it is very certain that the price of Bitcoin is going to skyrocket by next year looking at what is happening in the market currently. By the time Bitcoin ETF is available to investors, we are going to see a massive movement in the price of Bitcoin and that is going to make things more easier for investors and those that had been waiting to make profits from the market. All Bitcoin holders who had been waiting patiently for years now without selling their holdings will see a huge profits from the market.
Hopefully, the bullish era will really come according to the predictions and hopes of all of us after the halving. And the halving will happen next year, so whether at the end of next year or immediately after, or until next year, hopefully the current trend will continue even though we don't know how big the price of Bitcoin will reach in the future, but at least, we hope it will exceed the ATH last season.

Of course, with this, we think about several strategies and also ways to prepare them. Because after all, we really need to be prepared for all our investments, mental, and so on. including the risks we need to face. At least we can optimally welcome the bullish era to come.
hero member
Activity: 2268
Merit: 581
November 25, 2023, 02:59:35 PM
Are those coins that you are sure also went along with the rise of Bitcoin during the halving period or even before the halving happened? It happens so often in this industry that I've actually witnessed it twice.
That's generally how cryptocurrencies work, the whole market tends to move along with Bitcoin apart from a few cryptocurrencies that are either dead since no one invests in them or those that are newly launched and aren't yet a part of the bigger marketplaces. Bitcoin is the leader of the market in both bull and bear markets because altcoins follow its movements whether it's going up or down since investors start buying or selling other assets as well when they see Bitcoin moving in any direction.

But the growth and drop percentages can have significant differences which is why it's always better to have a diversified portfolio so that you can get potentially higher profits than just holding a single asset. If Bitcoin goes up 5%, an altcoin following the movement might move up 10% and if you have both, the altcoin will earn you more profits in there.
hero member
Activity: 2128
Merit: 506
#SWGT PRE-SALE IS LIVE
November 22, 2023, 04:23:37 PM
Halving is still quite far but that's a good indication about the bull run because it always be the signal starter of the market for Bitcoin.
And whether you're a trader or an investor, that's one factor that you will need to watch for your own preference.
You don't have to be a day trader at this time when you are patient and wanting to wait for its coming. It's true that it's one of the most significant thing to follow on the market.
Withou all these halving discussions, it is very certain that the price of Bitcoin is going to skyrocket by next year looking at what is happening in the market currently. By the time Bitcoin ETF is available to investors, we are going to see a massive movement in the price of Bitcoin and that is going to make things more easier for investors and those that had been waiting to make profits from the market. All Bitcoin holders who had been waiting patiently for years now without selling their holdings will see a huge profits from the market.
That is for sure.
But if we look to the point that even without bitcoin etf, I am pretty sure that we'll still see where it should go and as for the cycle which is the bull run.
And for some speculators, they are saying that we need more money to the market and we need another source and that's where it is going to come from, from the bitcoin etf and new investors through it.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
November 22, 2023, 02:38:15 PM
Halving is still quite far but that's a good indication about the bull run because it always be the signal starter of the market for Bitcoin.
And whether you're a trader or an investor, that's one factor that you will need to watch for your own preference.
You don't have to be a day trader at this time when you are patient and wanting to wait for its coming. It's true that it's one of the most significant thing to follow on the market.
Withou all these halving discussions, it is very certain that the price of Bitcoin is going to skyrocket by next year looking at what is happening in the market currently. By the time Bitcoin ETF is available to investors, we are going to see a massive movement in the price of Bitcoin and that is going to make things more easier for investors and those that had been waiting to make profits from the market. All Bitcoin holders who had been waiting patiently for years now without selling their holdings will see a huge profits from the market.
hero member
Activity: 2128
Merit: 506
#SWGT PRE-SALE IS LIVE
November 22, 2023, 02:10:27 PM
Halving is still quite far but that's a good indication about the bull run because it always be the signal starter of the market for Bitcoin.
And whether you're a trader or an investor, that's one factor that you will need to watch for your own preference.
You don't have to be a day trader at this time when you are patient and wanting to wait for its coming. It's true that it's one of the most significant thing to follow on the market.
member
Activity: 412
Merit: 10
November 22, 2023, 02:00:55 PM
What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.


Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.


Bitcoin halving has all in waiting and we are also waiting for it to go through the trend. In the next year we can still expect some huge pump in the price. Bitcoin would be at a price we can expect. And also a mistake the users which don't have to do they are all waiting for the bull run even they have money stocked in different exchanges and they are not going to take away their money. In fact the money they have stocked they also need their money in different situations. Definitely bitcoin halving should be more better than it our expectations.
sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
November 22, 2023, 01:54:34 PM

Ha ha ha. I also think this is the most effective tip too. This phenomenon always exists when the price of BTC is at its peak, everyone will talk about BTC and buying it, meaning this is a sign that we should sell it, and usually that's what happens when BTC reaches ATH, almost everyone talks about BTC and buying. In the end they have to continue holding btc for a longer period of time because the ath moment has been reached and they have to wait for the next ath.

This is a big mistake which most of they people are doing because they don't know that buying at higher worth will not give them profit but instead of profit they will wait for another halving to return their own money. People when see something goes higher then they desire to buy it because then they realize the accurate value of it and also realize that it is not fake but that time they are too late that everyone get Benefit but these uneducated people about bitcoin will still remain in their own position because they make investment in Bitcoin but not on a right time.


Apart from the three tips from the OP, the tips or strategies you shared make sense to me. When many people think BTC will die, that's where we have to collect as much BTC as possible.

yes right time for buying is when everyone become hopeless about another bull run and bitcoin faces huge crash then that is a real time to accumulate bitcoin. I don't say that this time is not accurate but those who have bought bitcoin while it face crash so it will be better option than buying at bull market.
full member
Activity: 784
Merit: 117
Chainjoes.com
November 22, 2023, 05:39:37 AM
What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.


Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.

I'll go for Bitcoin halving because I will definitely make a profit when I can accumulate potential cryptocurrencies, apart from Bitcoin, and other top cryptos in the market as well. as long as the coins you choose are correct.

Are those coins that you are sure also went along with the rise of Bitcoin during the halving period or even before the halving happened? It happens so often in this industry that I've actually witnessed it twice.
full member
Activity: 406
Merit: 140
November 21, 2023, 04:02:41 PM
#99
Only tip I can give you is this.

If bitcoin is rising and all your friends and family are talking about it. You go outside and you see people looking at the bitcoin price on TradingView. Your Uber driver is trading and driving at the same time. You got people selling their homes to buy bitcoin. It means it’s time to Sell. It works almost every time at predicting a top.
Ha ha ha. I also think this is the most effective tip too. This phenomenon always exists when the price of BTC is at its peak, everyone will talk about BTC and buying it, meaning this is a sign that we should sell it, and usually that's what happens when BTC reaches ATH, almost everyone talks about BTC and buying. In the end they have to continue holding btc for a longer period of time because the ath moment has been reached and they have to wait for the next ath.

Quote
Predicting the bottom is when bitcoin doesn’t move and everyone thinks it’s dead, like right now actually. Usually this means it bottomed and should rally from here on out.
Apart from the three tips from the OP, the tips or strategies you shared make sense to me. When many people think BTC will die, that's where we have to collect as much BTC as possible.
full member
Activity: 476
Merit: 212
Tontogether | Save Smart & Win Big
November 21, 2023, 01:39:15 PM
#98
I prefer to do DCA when the market is in a downtrend. I tried to buy every dip possible and kept doing this till the coin flipped. If you want to keep my profit booking strategy, then it totally depends on the bitcoin market. As soon as i got confident that bitcoin is at its peak for this bull season it was time to start booking in altcoin too. This is the time when most of the altcoins start pumping and start making new ATH.

Altcoins? Not too bad but you know how manipulative altcoin can be especially when the market is greenish and majority of them will dance to rally around with bitcoin and dump suddenly. I know you might already have a coin in mind but you need to be extra careful especially with the coins in which the team behind the project is anonymous or not very transparent about their identities. Altcoins are some time very good to make profit with but the risk is so high.

Every time, it's not the team that manipulates the market. Whales also do this and Luna can be the best example of this. The tokenomics model they followed was so bad that it scrawled their whole market and their investors lost billions of dollars. I can still remember those events and how everything happened so fast, even though I lost almost my entire portfolio at that time. That is the reason i don't put all the eggs in a single basket any more. I tried to diversify to minimize the risk. I am just trying to invest narratively, which means there will be an allocation for different types of cryptographic narrative tokens.
sr. member
Activity: 574
Merit: 308
November 21, 2023, 11:54:14 AM
#97
I prefer to do DCA when the market is in a downtrend. I tried to buy every dip possible and kept doing this till the coin flipped. If you want to keep my profit booking strategy, then it totally depends on the bitcoin market. As soon as i got confident that bitcoin is at its peak for this bull season it was time to start booking in altcoin too. This is the time when most of the altcoins start pumping and start making new ATH.

Altcoins? Not too bad but you know how manipulative altcoin can be especially when the market is greenish and majority of them will dance to rally around with bitcoin and dump suddenly. I know you might already have a coin in mind but you need to be extra careful especially with the coins in which the team behind the project is anonymous or not very transparent about their identities. Altcoins are some time very good to make profit with but the risk is so high.

What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.

Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.

The Bitcoin halving is a major event that has historically had a big impact on the price of Bitcoin but you know the relationship between the halving and price isn't a direct one to one correlation but the basic economics of supply and demand come into play. When the supply of new Bitcoin is reduced, it increases the demand for existing Bitcoin and this tends to drive up the price.
full member
Activity: 476
Merit: 212
Tontogether | Save Smart & Win Big
November 21, 2023, 11:08:17 AM
#96
However,  investing in altcoin market when the some altcoins start to pump is good but it's best when there's correction.

My approach to the altcoin market is different because i think if an altcoin starts pumping then we are already late to invest and investing in an altcoin when it is making corrections can also be risky because some altcoin markets are so manipulative that the team controls the market by dumping their own token so it can go down for a very long time. This has happened to me before so i know the pain. IMO the best time to invest in an altcoin is when it is moving sideways. This is an indication that the early investors are out of the market and there isn't any sell pressure on it. If you are looking for a long term investment plan for that altcoin this is the perfect time for you to accumulate.
member
Activity: 1155
Merit: 77
November 21, 2023, 10:13:35 AM
#95
I prefer to do DCA when the market is in a downtrend. I tried to buy every dip possible and kept doing this till the coin flipped. If you want to keep my profit booking strategy, then it totally depends on the bitcoin market. As soon as i got confident that bitcoin is at its peak for this bull season it was time to start booking in altcoin too. This is the time when most of the altcoins start pumping and start making new ATH.
DCA is always the best way to invest in cryptocurren and the market correction season especially when there's a lot of panic in the market is the time to invest in Bitcoin and the altcoin that will always follow the BTC market trend when it halving season.
That's my own strategy of investment.  However,  investing in altcoin market when the some altcoins start to pump is good but it's best when there's correction.
full member
Activity: 476
Merit: 212
Tontogether | Save Smart & Win Big
November 21, 2023, 09:52:01 AM
#94
I prefer to do DCA when the market is in a downtrend. I tried to buy every dip possible and kept doing this till the coin flipped. If you want to keep my profit booking strategy, then it totally depends on the bitcoin market. As soon as i got confident that bitcoin is at its peak for this bull season it was time to start booking in altcoin too. This is the time when most of the altcoins start pumping and start making new ATH.

What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.


Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.

There is another point that I want to add in terms of investing. A project needs to survive at least one bear season to be qualified to be considered in the safe to invest category. 
legendary
Activity: 1442
Merit: 1605
November 21, 2023, 04:27:41 AM
#93
Trading in financial markets, including the cryptocurrency market, has taught me to look at prices in a new way. Now, if I feel that the price is too high, it signals to me that it's time to sell. This is one of the key trading lessons that I apply not only in financial markets but also in any other sphere.

For example, I approach a cryptocurrency ATM, observe the fees, and consider them too high. What signal does this give me? A signal that it's time to be not a customer of the cryptocurrency ATM services but a provider of such services. If the price is high, I prefer to sell.

Another example: the price of bread sharply increased in my city. What does this indicate? It suggests that now is not the time to buy bread. It's time to sell it (meaning buy flour and open a mini-bakery).

However, it may turn out that I mistakenly characterized the price as too high. In reality, the price may be justified: cryptocurrency ATM owners face high risks of involvement in money laundering, and the bakery incurs excessive costs for gas or electricity.

Well, trading has also prepared me for this. It's essential to set stop-loss orders and timely reject following a false signal.
sr. member
Activity: 1666
Merit: 453
October 09, 2023, 06:30:11 PM
#92
What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.


Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.

Well, if you are looking for earnings in such cases, I think you will have a hard time, even if we say you have knowledge about the trading that we do here. For me, it is difficult to keep up with a situation that we see in the market that is quite wild or aggressive.

So if what you want is really guaranteed income, invest your capital in the long term, knowing that your capital has a destination; don't worry about it, of course. Believe me, in such a case, day trading may still give you a profit, but most of the time it will, in my opinion, be useless. Just accumulate Bitcoin and other crypto while Halving is coming or happening; this is the best way for now, in my opinion.
sr. member
Activity: 1008
Merit: 366
October 09, 2023, 07:26:30 AM
#91
~Snip
Please read the previous reply that I have made before your reply. I think I have explained it quite good for anyone to understand. But if your method is working for you then why not. I'm not pushing you or advising you to do it. But if you can make a profit from my method then you can give it a try, but it's all up to you.
And the thing about sudden price drop and DCA. You should DCA on a different account that you only do DCA with. And another account should be for opportunities like price dump. What you use for DCA should only be used for DCA and there is no fixed target on how much profit you want to make from your DCA investment. If you find potential profit you can sell in order to make some profit, but that doesn't include 50% of your whole asset.
Then you can continue doing DCA again.
And the investment that you do by taking opportunities of price dump, you can sell it on your targeted profit or before or after that. But the DCA method still stays the same. I don't want to be bias about this but doing DCA only works on reputable cryptocurrencies that have been here for a long time and not going anywhere. But with every centralized coin you can never know for sure. That's why my all bet is always on Bitcoin.
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