Making profit with a bubble | Bitcointalksearch.org

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: pgbit on December 01, 2021, 09:59:40 AM

Everything in my opinion can happen in trading, predictions is a source of getting close to the problem in trading but didn't have a 100% accuracy in every and each prediction.

Predictions dont get close to the problem. They just predict a price to buy or sell. It has nothing to do with problems and their solutions.

Also a 100% accurate prediction is not a prediction, it is called a fact. Hence they dont exist in a speculative market. You have to assume every prediction to be 50-50 before taking it.

Quote

So, always try to be realistic and don't depends mostly on these predictions, and another thing always learn by yourself and be experienced always.

If traders were realisitic then the craze for altcoins and then their successors and the current NFT, DeFi craze would never exist. You just have to deal with the fact that the co-traders are all crazy about unrealistic gains.

But to be safe, one should keep bitcoin as their biggest investment in cryptocurrency. If you got money to spare, go for fiat markets, dont waste it on hyped hyped crypto assets which have no future.

awik p

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Pepemo.vip

Quote from: harizen on December 01, 2021, 04:23:21 PM

Quote from: pgbit on December 01, 2021, 09:59:40 AM

Everything in my opinion can happen in trading, predictions is a source of getting close to the problem in trading but didn't have a 100% accuracy in every and each prediction. So, always try to be realistic and don't depends mostly on these predictions, and another thing always learn by yourself and be experienced always.

There are really people who are relying on predictions even those are unrealistic to happen. We always see that hodl to death scenario on some new projects. It's fine to rely 100% on predictions as long as there are lots of basis why we should believe in it.

Unfortunately, even for a project or coin that doesn't have any fundamentals, as long as it has created hype, it will create an unrealistic prediction that will make people FOMO and later on, wrecked.

indeed there is no 100% correct prediction, especially for new projects, this will actually be even more difficult to predict. many incidents of them being carried away by emotions and letting them turn to ashes, even though we can provide stop losses or reduce capital to invest, so we don't risk all the capital we have

stadus

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It's just a matter of doing the right timing.

As long as you believe in yourself that you can be profitable, you should implement your strategy as the market behavior has not change yet and we can always refer to the past trends. The bull market is here but the bear market will take over anytime soon, therefore look for a strategy that is suitable for every market situation, that's the only way to survive and to be profitable.

SmokerFace

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Ups & downs are part of the market and trading. We can't exactly predict what is going to happen in the future.
But we should not have any negative thoughts in the mind related to the trend.
All depends upon the trend of the market. You can make it profitable by putting all your efforts and making it correctly as requirements. But firstly we should have proper learning for any work.

harizen

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Quote from: pgbit on December 01, 2021, 09:59:40 AM

Everything in my opinion can happen in trading, predictions is a source of getting close to the problem in trading but didn't have a 100% accuracy in every and each prediction. So, always try to be realistic and don't depends mostly on these predictions, and another thing always learn by yourself and be experienced always.

There are really people who are relying on predictions even those are unrealistic to happen. We always see that hodl to death scenario on some new projects. It's fine to rely 100% on predictions as long as there are lots of basis why we should believe in it.

Unfortunately, even for a project or coin that doesn't have any fundamentals, as long as it has created hype, it will create an unrealistic prediction that will make people FOMO and later on, wrecked.

Oilacris

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Quote from: ?? on ??

I think it's hard to find a right time to put a short term position in the crypto market and even it's not like we could earn a good amount of time within few hours in crypto market we need patience and then we would see a huge hit on our income just put some money on the super potential coins and wait for it

Making out active trades is something hard to be done or wouldnt really be that simple and only active or day traders do really lieks to play with price volatility and this is something which cant really be handled easily.

If you could risk off and have some courage on taking some risk on a bubble situation then go ahead but how you would consider
a bubble time?

Its really hard to determine honestly.

pgbit

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

Everything in my opinion can happen in trading, predictions is a source of getting close to the problem in trading but didn't have a 100% accuracy in every and each prediction. So, always try to be realistic and don't depends mostly on these predictions, and another thing always learn by yourself and be experienced always.

jaberwock

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Quote from: matchi2011 on November 29, 2021, 02:40:27 PM

People do have different opinions regarding to this venue of investment, there are still people around who thinks
and believe that Bitcoin still a bubble, they are losing their chance to grab the opportunities to earn using this system.
While for those who believe and continuing to support this industry, the bubble is the way to earn and to maximize
all the benefits bitcoin has.

If anyone at this point is still believing that bitcoin is just a bubble and they are scared of investing money in it, just because they are still believing that it is a bubble, then I am really sorry for those people. There is really nothing you can do to convince them, if the twelve years of bitcoin has not been enough yet to convince them.

Seriously, what would you be telling such a person, because enough has already been and they still don’t want to believe, so what exactly would you do if not to just let them keep believing whatever it is that they would want to believe? This is not the first time people are saying that bitcoin is a bubble, it has been said several times and yet bitcoin has progressed. If anyone is too blind to see that, it’s their business.

matchi2011

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Buy $BGL before it's too late!

Quote from: Vaculin on November 29, 2021, 01:32:58 PM

Quote from: perfect999 on November 18, 2021, 01:48:38 PM

Quote from: palle11 on November 18, 2021, 07:08:06 AM

When this happens the price can go down but it will recover but before it will recover may take sometime and that means delayed trade and stocked up cash, instead of waiting I consider to cash out to stay outside and wait for a time to go in.

Cash out definitely not an option for long term holder. I am glad and proud to say that I am one of them. All corrections and recovery are temporary in my view even such corrections are lasting for months to years. Moreover, I am afraid to stay outside because I do not want to miss out any rally which may happen beyond ATH or beyond my selling levels.

Making profits for me not a concern because I just plan for using bitcoins rather than converting them into my local fiats. All long term holders are already into profits hence any bubble or crash is least bothered.

Well, good to know that you really want to make use of bitcoin as a currency in the future and not just as a pure investment. And i think bitcoin will be able to perform its goal if it will also be used as a payment method than just simply using it as a means for investment.

However, i don't think that we are making profits from a bubble as bitcoin itself is definitely not a bubble. We are making profits because its really a potential investment and its always expected that it won't settle for any low value but more on a higher value. Bitcoin may be a bubble for some that any time it will burst but for us long term holders of bitcoin, we are not seeing it as a bubble so we're not threaten for any price corrections or price dumps.

People do have different opinions regarding to this venue of investment, there are still people around who thinks
and believe that Bitcoin still a bubble, they are losing their chance to grab the opportunities to earn using this system.
While for those who believe and continuing to support this industry, the bubble is the way to earn and to maximize
all the benefits bitcoin has.

It's your call whether to take the risk and make some decent money from this field of investment or continue
to fear and believe that this is just a bubble that anytime will end up losing your money.

Vaculin

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Winding down.

Quote from: perfect999 on November 18, 2021, 01:48:38 PM

Quote from: palle11 on November 18, 2021, 07:08:06 AM

When this happens the price can go down but it will recover but before it will recover may take sometime and that means delayed trade and stocked up cash, instead of waiting I consider to cash out to stay outside and wait for a time to go in.

Cash out definitely not an option for long term holder. I am glad and proud to say that I am one of them. All corrections and recovery are temporary in my view even such corrections are lasting for months to years. Moreover, I am afraid to stay outside because I do not want to miss out any rally which may happen beyond ATH or beyond my selling levels.

Making profits for me not a concern because I just plan for using bitcoins rather than converting them into my local fiats. All long term holders are already into profits hence any bubble or crash is least bothered.

Well, good to know that you really want to make use of bitcoin as a currency in the future and not just as a pure investment. And i think bitcoin will be able to perform its goal if it will also be used as a payment method than just simply using it as a means for investment.

However, i don't think that we are making profits from a bubble as bitcoin itself is definitely not a bubble. We are making profits because its really a potential investment and its always expected that it won't settle for any low value but more on a higher value. Bitcoin may be a bubble for some that any time it will burst but for us long term holders of bitcoin, we are not seeing it as a bubble so we're not threaten for any price corrections or price dumps.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Days ago I saw a post on YouTube, which said that you can make money taking advantage of scam projects, which are known from the outset that they are scams, well this YouTuber does many things to get money from those scams, I think this is very similar to what uqe says on the subject of getting money from a bubble, because in the end being a bubble it is a scam, and to my personal criteria I think that I would never risk it, firstly because I have no such ability and secondly I am sure that if I tried I don't think I'm doing well.

2double0

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Your short position can only sustain if it has the potential to absorb the possible loss that can happen with btc going more high before taking a dive, so your leverage and level of market intelligence is much more important. I can take risks even with high leverage and decide some areas where I can enter partially because taking an all-in entry would be foolish and can take away my capital if gone wrong.

Silberman

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Quote from: ven7net on November 17, 2021, 03:57:40 PM

Quote from: PercT4b on November 02, 2021, 04:07:29 AM

We all know that this upward move won't last forever, even if a real spot ETF is gonna be approved (that would cause another big rise, in my opinion), one day we will reach an unsustainable point of extreme overvaluation and a single fundamental event will trigger a huge dump.

I'm not trying to predict the future, I'm just trying to be honest myself considering that this cycle will come to an end (as always did before), but that could represent an opportunity too, for instance, with a short position opened at the right time (I know that I could appear like a complete fool who is trying to imitate Michael Burry in 2008).

What's your idea about that?

Personally, I also believe that the crypto market is cyclical and in order to see an even greater rise in the price of cryptocurrencies in the future, you need to gain strength, and for this you need a dump of prices for crypto assets. You are also right that this has happened more than once, which means there is a high probability that it will happen again. Right now we are in a very interesting situation, since we are on the verge of a new flight to the moon, but the main thing is not to deceive ourselves and draw unreal profits. Already now, you should clearly understand what you expect from the future rise in prices, as well as from the subsequent fall. This is what will allow you to save and increase your funds.

Some may find this to not make much sense at all but it does, this is similar to what happens after a huge fire has devastated a forest, while on the surface it looks awful the fire gives new space for new trees to grow and develop, so while a crash in the market is seen by many as a negative outcome the truth is that such a crash eliminates a great deal of the scams and bad coins from the market that appeared since the last crash, so it is a way to clean the maker of cryptocurrencies of all of those undesirable coins and their developers.

perfect999

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Quote from: palle11 on November 18, 2021, 07:08:06 AM

When this happens the price can go down but it will recover but before it will recover may take sometime and that means delayed trade and stocked up cash, instead of waiting I consider to cash out to stay outside and wait for a time to go in.

Cash out definitely not an option for long term holder. I am glad and proud to say that I am one of them. All corrections and recovery are temporary in my view even such corrections are lasting for months to years. Moreover, I am afraid to stay outside because I do not want to miss out any rally which may happen beyond ATH or beyond my selling levels.

Making profits for me not a concern because I just plan for using bitcoins rather than converting them into my local fiats. All long term holders are already into profits hence any bubble or crash is least bothered.

palle11

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Quote from: gabbie2010 on November 18, 2021, 01:01:58 AM

Quote from: checkmatesir on November 05, 2021, 11:18:53 AM

My opinion for the traders is always that they should take the profit from the market and then leave at a site, but most of the people due to their greed losses their most of the money, I always suggest that whether your profit is small or great then it will give you more profit, as I had seen a lot of people doing mistake in following other strategies.

I was once greedy having refused to take profits appropriately which culminated to incurring losses, I learnt my lessons and mistake thus making me to become a better trader.

I have learnt this also. Whenever there is a hype I expect that after sometime traders are going to cash out then I follow up with that too. When this happens the price can go down but it will recover but before it will recover may take sometime and that means delayed trade and stocked up cash, instead of waiting I consider to cash out to stay outside and wait for a time to go in.

gabbie2010

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Quote from: checkmatesir on November 05, 2021, 11:18:53 AM

My opinion for the traders is always that they should take the profit from the market and then leave at a site, but most of the people due to their greed losses their most of the money, I always suggest that whether your profit is small or great then it will give you more profit, as I had seen a lot of people doing mistake in following other strategies.

That is exactly what I does whenever there is unusual hype that resulted in the pump in the price of bitcoin, irrespective of whether the price is bullish or bearish, just like the present minor correction experienced by the price, I always ensured that my profits are locked with a trailing stop bearing in mind that the bullish or bearish runs wouldn't last forever, I was once greedy having refused to take profits appropriately which culminated to incurring losses, I learnt my lessons and mistake thus making me to become a better trader.

matchi2011

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Buy $BGL before it's too late!

Quote from: ven7net on November 17, 2021, 03:57:40 PM

Quote from: PercT4b on November 02, 2021, 04:07:29 AM

We all know that this upward move won't last forever, even if a real spot ETF is gonna be approved (that would cause another big rise, in my opinion), one day we will reach an unsustainable point of extreme overvaluation and a single fundamental event will trigger a huge dump.

I'm not trying to predict the future, I'm just trying to be honest myself considering that this cycle will come to an end (as always did before), but that could represent an opportunity too, for instance, with a short position opened at the right time (I know that I could appear like a complete fool who is trying to imitate Michael Burry in 2008).

What's your idea about that?

Personally, I also believe that the crypto market is cyclical and in order to see an even greater rise in the price of cryptocurrencies in the future, you need to gain strength, and for this you need a dump of prices for crypto assets. You are also right that this has happened more than once, which means there is a high probability that it will happen again. Right now we are in a very interesting situation, since we are on the verge of a new flight to the moon, but the main thing is not to deceive ourselves and draw unreal profits. Already now, you should clearly understand what you expect from the future rise in prices, as well as from the subsequent fall. This is what will allow you to save and increase your funds.

It's a good opportunity for everyone who knows how to ride with the current hypes. The important thing here is if you are
willing to take the risk, the bubble or the new hypes might end much quicker than how you expected it, so make sure that
you are ready if ever that the train already left before you think it will start to engine up.
Expectations are not always correct, the market can go sideways, and that's the reality when investing, especially inside crypto
high volatility will burn your investment if you failed to predict the right market directions.

Kasabus

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Quote from: ven7net on November 17, 2021, 03:57:40 PM

Quote from: PercT4b on November 02, 2021, 04:07:29 AM

We all know that this upward move won't last forever, even if a real spot ETF is gonna be approved (that would cause another big rise, in my opinion), one day we will reach an unsustainable point of extreme overvaluation and a single fundamental event will trigger a huge dump.

I'm not trying to predict the future, I'm just trying to be honest myself considering that this cycle will come to an end (as always did before), but that could represent an opportunity too, for instance, with a short position opened at the right time (I know that I could appear like a complete fool who is trying to imitate Michael Burry in 2008).

What's your idea about that?

Personally, I also believe that the crypto market is cyclical and in order to see an even greater rise in the price of cryptocurrencies in the future, you need to gain strength, and for this you need a dump of prices for crypto assets. You are also right that this has happened more than once, which means there is a high probability that it will happen again. Right now we are in a very interesting situation, since we are on the verge of a new flight to the moon, but the main thing is not to deceive ourselves and draw unreal profits. Already now, you should clearly understand what you expect from the future rise in prices, as well as from the subsequent fall. This is what will allow you to save and increase your funds.

Well, the market won't certainly remain to be bullish all the time. There will really come a time that bearish season will take over the bullish season but at least, we are already aware of that and there's nothing to worry. What is important is that we can maximize making profits while the market still allows us, seeing most of the crypto coins are experiencing bullish prices. And when the market turns bearish, at least we have huge funds already to take advantage of the market. By simply buying and holding in times of bearish, it will open bigger chances again to end up gaining huge profits in the future, so just relax and make the most of it from every market's situation that comes.

ven7net

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Quote from: PercT4b on November 02, 2021, 04:07:29 AM

We all know that this upward move won't last forever, even if a real spot ETF is gonna be approved (that would cause another big rise, in my opinion), one day we will reach an unsustainable point of extreme overvaluation and a single fundamental event will trigger a huge dump.

I'm not trying to predict the future, I'm just trying to be honest myself considering that this cycle will come to an end (as always did before), but that could represent an opportunity too, for instance, with a short position opened at the right time (I know that I could appear like a complete fool who is trying to imitate Michael Burry in 2008).

What's your idea about that?

Personally, I also believe that the crypto market is cyclical and in order to see an even greater rise in the price of cryptocurrencies in the future, you need to gain strength, and for this you need a dump of prices for crypto assets. You are also right that this has happened more than once, which means there is a high probability that it will happen again. Right now we are in a very interesting situation, since we are on the verge of a new flight to the moon, but the main thing is not to deceive ourselves and draw unreal profits. Already now, you should clearly understand what you expect from the future rise in prices, as well as from the subsequent fall. This is what will allow you to save and increase your funds.

Silberman

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Quote from: bakasabo on November 13, 2021, 04:54:53 AM

Quote from: sana54210 on November 12, 2021, 04:48:03 PM

You could just avoid those ones and end up buying the real good ones? I mean there is nothing stopping you from buying real art turned into NFT as well. Maybe one day some real good painters stuff would be sold on NFT market as well, in form that "whoever owns this NFT holds the right to own the physical one as well that would be displayed in a museum condition", that way you could even buy Mona Lisa, you can't put it on your home, but it will be yours that will be shown to public in the museum.

However, all the data suggests that stuff like axie, apes, cryptopunks and all that are very bad drawn stuff, stuff that are totally worthless in art sense, and yet we are talking about millions of dollars for them. So artistic value is not something people look for in NFT at all.

There are too many underwater stones with NFT and no direct answers. It is always: maybe, perhaps, if X happens then Y would be Z. If I buy a physical painting from a famous artist, I can be sure that with time, its value would only grow. But with NFT, there are still too many scenarios that might turn my investment into zero. I can hang real painting and enjoy it. I can boast with it for example. But with NFT, if I show people around it, with 99.9% chance they would say that the Internet is full of pictures.

Exactly, even if somewhere on the Internet there is some evidence that you are the one that owns a digital image, if anyone else can still enjoy the same image and do so just as you do then there is not really any difference between owning and not owning that image, this is why I have problems thinking this is going to actually become popular with collectors once this bubble ends, as the whole point of collecting something is to be able to enjoy something almost exclusively, something which is not possible with NFTs.

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