The cryptocurrency market reminds me of the history of the wild West. No rule. There are many opportunities, but they are all at greater risk. Stay away from this impossible because of this may depend all our future life. I act on the principle of the mind fears but hands make.
Well you must understand that every opportunity comes with great risk, you are referencing the wild west well those that did tried to conquer the wild west took a risk and stayed despite they faced basically two outcomes, they could fail miserably or they could succeed and the only way to succeed is to be willing to fail you need to accept that is part of the deal if you can't then stop investing in bitcoin. 
Topic: Long or Short since Bitcoin reached 8800 again? - page 2. (Read 537 times)
Do you guys go long or still short since Btc price reached 8800 again?
My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
It reaches as high as $9000-$9200 if I'm not mistaken before a sudden nose dived to around $8500 today. Personally, I will still go for long term. Why? Because I still believed that we are going to hit all-time-high in the future. As to not worry about the price swings in the last three months as well. Will buy in dips and just hold, its that simply.
every time you think the rise is going to start and go above the resistance it stops and falls down. and every time you think this is the big drop which will last and go lower, it resists and goes back up!
i am going to say it now, we have to get comfortable with this sideways market because it seems like it is going to last a while. and that means we will see same prices over and over.
i am going to say it now, we have to get comfortable with this sideways market because it seems like it is going to last a while. and that means we will see same prices over and over.
Right. That's why most of us are having nightmares and headaches because of the wild swings. You go to sleep seeing green in the market, then wakeup with negatives. LOL. That's why I really prefer to hold for long term.
Let's see if you are going to test $9000 again. I'm sure the dip has something to do with the Binance FUD again. But they already made announcement that they are looking to move to Malta. So there's no need to dump your coins, but take this opportunity again to stack up because we might try to test $9000-$10000 before the end of the month.
The cryptocurrency market reminds me of the history of the wild West. No rule. There are many opportunities, but they are all at greater risk. Stay away from this impossible because of this may depend all our future life. I act on the principle of the mind fears but hands make.
Bitcoin is perfect for longterm because we know if you hold bitcoin for few many years the possible that you get is very big. Or maybe even short they can get big it depends to the luck if the price become very high in a short period of time or it will takes long time. But better to have a plan that you do short and longterm to bitcoin .
Anyways, nothing really matters if what is your strategy as long as you’re not making such decision because of fair or panic. This same in a case or a much better in terms of dip last bearish market reaching below at 6000$. We do have mistakes and being Greedy is somewhat good or bad depends on the outcome. But don’t take a total emotionalism.
every time you think the rise is going to start and go above the resistance it stops and falls down. and every time you think this is the big drop which will last and go lower, it resists and goes back up!
i am going to say it now, we have to get comfortable with this sideways market because it seems like it is going to last a while. and that means we will see same prices over and over.
i am going to say it now, we have to get comfortable with this sideways market because it seems like it is going to last a while. and that means we will see same prices over and over.
First of all. Thanks for your opinions. I made the typical noob Mistakes since i started Trading. Couse i was leaded by Greed and FOMO. Im Not proud of it and i learned wehre it can lead you. but i think many People are acting in this Market based on this. i hope knowing my biggest Mistakes so far will aprove my skills in the future. And of corse i Hope that Bulls are on my side for a while 
But either way im Not planing to leave Crypto ever.
Missed the Chance when Bitcoin was around 300 Dollars couse i was to Blind to See the Potential in this Tech.
So thanks again for your answers and Good luck to all of us
But either way im Not planing to leave Crypto ever.
Missed the Chance when Bitcoin was around 300 Dollars couse i was to Blind to See the Potential in this Tech.
So thanks again for your answers and Good luck to all of us
it is good that you realize this already. trust me there are a lot of people who have been trading for a while and still don't realize they are acting out of FOMO and greed!
all i can tell you at this point is that the market is pretty tough to predict at all times and now that things are going sideways it becomes even harder.
but i agree with magneto above that ever since price reached $9000+ i am also very positive about this trend. but it still doesn't mean price will stay up or go up.
Apreciate it. Yeah weve seen a drop to 8350 again but his time i took profits at 8800. Now lets hope the stronger 8200 resistance Bounces back about 9200. Otherwise it will fall even lower i think.Lets Hope in the next years the Market atracts more serious long Term Investors and Big Industries keep reaching for the Tech behind it. As long as this Trend of adoption keeps rising were in for a bright future
For now all elements show btc will rise thanks to the G20.
I don't believe that's actually the case. First the market was said to be going down due to South Korea, then due to China's new regulations, after that the SEC was causing the market to go down, and then MtGox, and then G20 and Google. It's just the result of people paying too much attention to what the news sources want you to believe. Bitcoin may just have bottomed out, where traders gained back enough confidence to enter the market again.
Currently two things matter for me;
1- Is the short term demand strong enough to push the market over the $10,000 level again? I would say likely.
2- Is the short term demand strong enough to maintain $10,000 for a longer period of time without diving under that level again? Not likely.
I am still of believe that in order to break through this uninspired market, a bullish trigger is definitely needed. As long this bullish trigger isn't there, the chances for a real breakout to happen are very low. In a market as speculative and hype driven as the one from Bitcoin, it doesn't take long before traders get bored and start unloading coins again.
Going long is a better option now as prices are recovering well and should move 9k upwards and we can see lot of buying happening global due to which this has caused the price to rise. Unless we have some negative news related to btc their should not be any worry.
short term could possibly the best choice by now because of this fluctuating events.
For now all elements show btc will rise thanks to the G20.
I don't believe that's actually the case. First the market was said to be going down due to South Korea, then due to China's new regulations, after that the SEC was causing the market to go down, and then MtGox, and then G20 and Google. It's just the result of people paying too much attention to what the news sources want you to believe. Bitcoin may just have bottomed out, where traders gained back enough confidence to enter the market again.
Currently two things matter for me;
1- Is the short term demand strong enough to push the market over the $10,000 level again? I would say likely.
2- Is the short term demand strong enough to maintain $10,000 for a longer period of time without diving under that level again? Not likely.
I am still of believe that in order to break through this uninspired market, a bullish trigger is definitely needed. As long this bullish trigger isn't there, the chances for a real breakout to happen are very low. In a market as speculative and hype driven as the one from Bitcoin, it doesn't take long before traders get bored and start unloading coins again.
Going long is a better option now as prices are recovering well and should move 9k upwards and we can see lot of buying happening global due to which this has caused the price to rise. Unless we have some negative news related to btc their should not be any worry.
For now all elements show btc will rise thanks to the G20.
I don't believe that's actually the case. First the market was said to be going down due to South Korea, then due to China's new regulations, after that the SEC was causing the market to go down, and then MtGox, and then G20 and Google. It's just the result of people paying too much attention to what the news sources want you to believe. Bitcoin may just have bottomed out, where traders gained back enough confidence to enter the market again.
Currently two things matter for me;
1- Is the short term demand strong enough to push the market over the $10,000 level again? I would say likely.
2- Is the short term demand strong enough to maintain $10,000 for a longer period of time without diving under that level again? Not likely.
I am still of believe that in order to break through this uninspired market, a bullish trigger is definitely needed. As long this bullish trigger isn't there, the chances for a real breakout to happen are very low. In a market as speculative and hype driven as the one from Bitcoin, it doesn't take long before traders get bored and start unloading coins again.
First of all. Thanks for your opinions. I made the typical noob Mistakes since i started Trading. Couse i was leaded by Greed and FOMO. Im Not proud of it and i learned wehre it can lead you. but i think many People are acting in this Market based on this. i hope knowing my biggest Mistakes so far will aprove my skills in the future. And of corse i Hope that Bulls are on my side for a while
But either way im Not planing to leave Crypto ever.
Missed the Chance when Bitcoin was around 300 Dollars couse i was to Blind to See the Potential in this Tech.
So thanks again for your answers and Good luck to all of us
But either way im Not planing to leave Crypto ever.
Missed the Chance when Bitcoin was around 300 Dollars couse i was to Blind to See the Potential in this Tech.
So thanks again for your answers and Good luck to all of us
it is good that you realize this already. trust me there are a lot of people who have been trading for a while and still don't realize they are acting out of FOMO and greed!
all i can tell you at this point is that the market is pretty tough to predict at all times and now that things are going sideways it becomes even harder.
but i agree with magneto above that ever since price reached $9000+ i am also very positive about this trend. but it still doesn't mean price will stay up or go up.
For now all elements show btc will rise thanks to the G20.
I don't believe that's actually the case. First the market was said to be going down due to South Korea, then due to China's new regulations, after that the SEC was causing the market to go down, and then MtGox, and then G20 and Google. It's just the result of people paying too much attention to what the news sources want you to believe. Bitcoin may just have bottomed out, where traders gained back enough confidence to enter the market again.
Currently two things matter for me;
1- Is the short term demand strong enough to push the market over the $10,000 level again? I would say likely.
2- Is the short term demand strong enough to maintain $10,000 for a longer period of time without diving under that level again? Not likely.
I am still of believe that in order to break through this uninspired market, a bullish trigger is definitely needed. As long this bullish trigger isn't there, the chances for a real breakout to happen are very low. In a market as speculative and hype driven as the one from Bitcoin, it doesn't take long before traders get bored and start unloading coins again.
If some came to me and said they were experts in cryptocurrencies I would never believe them, crypto is unpredictable its not something you learn from college or something, you have to live and experience the crypto life to have an idea, so don't be afraid to make mistakes but best strategy to use now read more news and you should be ok. For now all elements show btc will rise thanks to the G20.
The price is recovering now and don't just relax because there might be a tendency of having another dip which might be longer and lower than the pervious ones. For holders like myself the constant ups and downs in the price won't be a problem cause it makes no difference but as for traders, selling when the price is dipping isn't a wise decision cause you will end up losing. If you had held your coins few weeks ago, now the price is topping will be a good time to earn.
Do you guys go long or still short since Btc price reached 8800 again?
My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
i guess that this funds of yours is just an extra money that you put as investments here,so i think this. Really not a big trouble for you to wait for another weeks or months to look for recovery since were down for more than two months now,as every bitin holders waiting for the big comeback of price like what we had last decemberMy Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
Do you guys go long or still short since Btc price reached 8800 again?
My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
i guess that this funds of yours is just an extra money that you put as investments here,so i think this. Really not a big trouble for you to wait for another weeks or months to look for recovery since were down for more than two months now,as every bitin holders waiting for the big comeback of price like what we had last december My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
A group of chairmans of international banks and finance ministers of different countries have said that cryptos actually do not pose as a threat to global financial stability.This is because of its limited use,not being used fully as a substitute to fiat currency.They have termed that crypto currencies combined global market value was less than 1 percent of global GDP.
All these things clearly shows signs that G20 summit would only take a final combined decision in favour of cryptos.I hope that it would definitely boom the price of crypto currencies.So holding it would be beneficial IMHO.
All these things clearly shows signs that G20 summit would only take a final combined decision in favour of cryptos.I hope that it would definitely boom the price of crypto currencies.So holding it would be beneficial IMHO.
First of all. Thanks for your opinions. I made the typical noob Mistakes since i started Trading. Couse i was leaded by Greed and FOMO. Im Not proud of it and i learned wehre it can lead you. but i think many People are acting in this Market based on this. i hope knowing my biggest Mistakes so far will aprove my skills in the future. And of corse i Hope that Bulls are on my side for a while
But either way im Not planing to leave Crypto ever.
Missed the Chance when Bitcoin was around 300 Dollars couse i was to Blind to See the Potential in this Tech.
So thanks again for your answers and Good luck to all of us
But either way im Not planing to leave Crypto ever.
Missed the Chance when Bitcoin was around 300 Dollars couse i was to Blind to See the Potential in this Tech.
So thanks again for your answers and Good luck to all of us
Do you guys go long or still short since Btc price reached 8800 again?
My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
Now the bitcoin is stable at 9000$,the price of bitcoin will moves to 12,000$.This is the expectation,the price of bitcoin may reach 15,000$.This is the best time to inverse in bitcoin and get a profit in short term.Bitcoin is best for short term profit in the crypto currency.ETH,Litecoin and Monero had good potential.But this all coin is best one for long term.
the higher the price gets, the more resistances it is going to break and as it breaks them a lot more investors come back bringing a huge amount of money back in. and as they do, price will continue going upwards more and more.
it is a little hard to say if we are at that point where we can expect a bigger rise or will this be it. so far it seems we will continue to have some more rise, maybe smaller rises for the time being and some more sideways but i think if we go back to $10k we can expect more rise.
it is a little hard to say if we are at that point where we can expect a bigger rise or will this be it. so far it seems we will continue to have some more rise, maybe smaller rises for the time being and some more sideways but i think if we go back to $10k we can expect more rise.
Jump to: