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Topic: Making profit with a bubble - page 4. (Read 661 times)

legendary
Activity: 2660
Merit: 1074
November 06, 2021, 04:15:54 PM
#49
The issue is that what we call common sense in the markets is in fact not so easy to acquire and you need some experience to begin to develop it, so newbies that come here without any strategy and without common sense lose their money relatively quickly as they are unable to grasp the realities of the market, it is not until they go thought several hardships they begin to understand the markets but by that time they have lost so much of their capital they are unable to apply those lessons.
What they are failing to understand is that market is an ever moving and emotionless place. They believe that it is like nations or citizens or public or communities and so forth where there could be something wrong and people could still defend it and achieve it. Market is the place where the right thing happens each and every time because it is money that we are talking about so the result is always what should be happening anyway.

There is no "it should have been higher but went low", if it should have been higher then it would have been higher, if it is lower than it should be lower, there is no other way around it, if we are the ones with money and we make the decisions then our decisions are the last call and nothing on top of that could be said. This ruthless sharp situation doesn't sit well with many people who haven't done it before.
sr. member
Activity: 1914
Merit: 328
November 06, 2021, 03:46:40 PM
#48
Following the trend will definitely ensure less risks compared going for shorting. Basically Bitcoin is designed to have huge value over the time hence if you are trying to go shorting you then you may get trapped in between.
Yes, trading bitcoin along with its trend is basically having multiple reasons because bitcoin will be appreciating all the time due to its limited supply so we need to check for fundamental before trading any asset and this way bitcoin is highly suitable for or long term holding and definitely not for shorting.

Shorting might be profitable for some people but it is profitable only for certain timing because bitcoin is not into bearish mode for more than one year in its 4 year cycle which is usually triggering by bitcoin network's halving event.
legendary
Activity: 2884
Merit: 1117
November 06, 2021, 11:09:56 AM
#47
The only thing we could do to make profits is to follow the trend, you don't want to do the opposite because for sure, you're gonna lose your money.
Following the trend will definitely ensure less risks compared going for shorting. Basically Bitcoin is designed to have huge value over the time hence if you are trying to go shorting you then you may get trapped in between.

For example, the current bull trend is expected to last for more months than the previous such bull runs. So, going for shorting by end of this year definitely will lead to get trapped in between if this current bull run will continue in 2022 also. Only if your technical suggesting to go for shorting then you may go for it otherwise just trading along with the trend will help to make profits in bitcoin trading.

I never prefer going for shorting because I am a long term holder even some of my friends are already into derivative trading and they are doing well as per they claim and I am also happier with my long term method of trading.
hero member
Activity: 1316
Merit: 502
November 06, 2021, 11:04:22 AM
#46
For me making short position and sell off if you already have good profits is the best strategy in my personal opinion wherein to prevent massive dump from the bubble. Because instead you can make profits in it there's a chance of massive losses if you just riding your greediness.. Better to be smart because all the hypes in the market didn't last wherein its more on correction than ups remember that, and lastly its always good to take the opportunity than missing it..

Not going too much greedy will help you to enjoy riding with the bubble, there are many cases where traders
get too much greed and instead of riding with profits, they ended up losing their money; you need to be
quick when you see that you already gain from your investment, it's a tough call to make, but better to have
a little profits than suffer from a great loss when massive dump start to show, you can't avoid that quick
fall and most of the time it's a hard one after the pumped.
Even if you don't go with the flow of greed and design for goals that are not excessive, riding a bubble is not necessarily going to be as smooth as it is intended because the market bubble will give you an unfair outcome, within a bubble there are always stop loss scanners in the market, we almost didn't have time to make a small profit, got stuck with such scanners and repeatedly several times is enough to cause inhibition, once actively ignored, the bubble will be more inflated. Current traders rarely work with bubbles, they work on projects and hold them with perseverance and stand in potential positions.
sr. member
Activity: 2436
Merit: 455
November 06, 2021, 10:39:03 AM
#45
The thing is, nobody knows what's gonna happen next in the market, you don't even know if it is really a bubble or not. The recent bullrun and ATH of Bitcoin is very unpredictable as always, you never know when it'll drop or when it will rise up again to make another ATH.
The only thing we could do to make profits is to follow the trend, you don't want to do the opposite because for sure, you're gonna lose your money.
sr. member
Activity: 938
Merit: 251
November 06, 2021, 09:57:40 AM
#44
Things do change very fast in cryptocurrency. History of cryptocurrency market have shown sudden dip in price of bitcoin after new ath. I hope bitcoin will still reach new ath before the year runs out. If you however have profit on your coin, you should book those profit!
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
November 06, 2021, 07:46:56 AM
#43
Future trades are very risky. If you take a Long/Short entry, you must have confidence in the token that it will increase or decrease. If you make a wrong decision, all your dollars will be zero. Future trades can easily make a person poor to rich and and can easily make rich to poor. It's like gambling . So it would be better if you do not use it
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
November 06, 2021, 06:44:14 AM
#42
The cycle of the bull run will really come to an end sooner or later, in fact, this bubble will burst one day and all traders or investors who do not foresee the dump may end up at the very bottom with their minus wallets, I believe that it is necessary to consolidate profits and do this is necessary as often as possible, so as not to regret the lost benefit later, even if it is minimal, but at least it will be.
legendary
Activity: 2534
Merit: 1338
November 05, 2021, 04:31:59 PM
#41
It has to admit that we use to take advantage of the situation and having this volatility makes traders become profitable but somehow, it is also the reason for new traders to lose. This is how important to have TA, a sort of market analysis that could help to identify when to buy and when to sell. Of course, it won't be 100% accurate due to the unpredictable market but at least, we have some basis, and sometimes it works actually. But even without using TA, if we are able to use our common sense, we probably know that buying during the bullish season corresponds to higher risk as well which it was most prepared to start during the bear season.
The issue is that what we call common sense in the markets is in fact not so easy to acquire and you need some experience to begin to develop it, so newbies that come here without any strategy and without common sense lose their money relatively quickly as they are unable to grasp the realities of the market, it is not until they go thought several hardships they begin to understand the markets but by that time they have lost so much of their capital they are unable to apply those lessons.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
November 05, 2021, 03:13:26 PM
#40
For me making short position and sell off if you already have good profits is the best strategy in my personal opinion wherein to prevent massive dump from the bubble. Because instead you can make profits in it there's a chance of massive losses if you just riding your greediness.. Better to be smart because all the hypes in the market didn't last wherein its more on correction than ups remember that, and lastly its always good to take the opportunity than missing it..

Not going too much greedy will help you to enjoy riding with the bubble, there are many cases where traders
get too much greed and instead of riding with profits, they ended up losing their money; you need to be
quick when you see that you already gain from your investment, it's a tough call to make, but better to have
a little profits than suffer from a great loss when massive dump start to show, you can't avoid that quick
fall and most of the time it's a hard one after the pumped.
legendary
Activity: 2464
Merit: 1102
November 05, 2021, 03:06:14 PM
#39
Moreover making profits in the bullish trend is more easier than waiting for big peak level and then selling and then waiting for buying back. Otherwise you can go for making profits on both the direction of market instead of targeting only one direction.
I will not suggest anyone to go for making profits on both the direction of market because it will intensify your risk levels but buying and selling must be the easiest way for the case of bitcoin markets to make assured profits. I agree that you are suggesting that because OP was mentioning about selling from the peak price level still that must be a different case than going for shorting and longing on the same market because you need very strong technical analysis to ride on the swings of the market.

Simply we can go for buying right now and then holding till end of this year then we can make decent profits for even small investment right now but if you are trying to catch swings of the market then you will end up losing your capital which is the reason I never suggest to go for swing trading.
hero member
Activity: 2730
Merit: 632
November 05, 2021, 02:55:02 PM
#38

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).

I think it is natural to think that markets will eventually retrace. Sure, in everyone's minds now is when will that happen and the best way to prepare for that is to devise a plan now and put it into action then. Nobody has perfect timing but if paying close attention you will find a few signs.

Just because some people plan ahead doesn't make them negative but realistic with real expectations, grabbing the available opportunities before the unprepared ones.
Retracement or corrections would definitely happen no matter how things we would do because prices cant really just move up forever and theres always a breaking point
on that which basically means that you do need to get out before that happens which means you do really need to be clever on how you do take advantage of things because
once you do get caught on a dump then you would really be ending up on holding for long term or like forever because price neither do recover or would stay that low
for a very long time.
hero member
Activity: 2688
Merit: 588
November 05, 2021, 02:44:55 PM
#37
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
Unfortunately for shorting also you must need to predict the future. It means even you are going to sell first you need technical analysis so that you can find out at what price levels you need to sell and then you may start waiting for buying back. I am not seeing any big differences from your approach than what people are usually doing like buying at low and then selling at high. Literally both are same.

Moreover making profits in the bullish trend is more easier than waiting for big peak level and then selling and then waiting for buying back. Otherwise you can go for making profits on both the direction of market instead of targeting only one direction.
legendary
Activity: 2618
Merit: 1181
November 05, 2021, 02:35:23 PM
#36
History will probably repeat itself especially for the bitcoin price. I might be a little worried about the bitcoin price going back below $30k if the end of the year or the beginning of 2022 it doesn't hit $100k. The support so far will have a big impact on the price so we stay between $60K, but if we can't get past ATH $67K for some time then the correction will happen again. Anything can still happen including massive dumping of bitcoins when whale and institutional investors want to secure their profit in fiat.
legendary
Activity: 2030
Merit: 1189
November 05, 2021, 01:35:04 PM
#35

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).

I think it is natural to think that markets will eventually retrace. Sure, in everyone's minds now is when will that happen and the best way to prepare for that is to devise a plan now and put it into action then. Nobody has perfect timing but if paying close attention you will find a few signs.

Just because some people plan ahead doesn't make them negative but realistic with real expectations, grabbing the available opportunities before the unprepared ones.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
November 05, 2021, 11:18:53 AM
#34
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.
member
Activity: 994
Merit: 11
Daxetoken.net
November 05, 2021, 10:34:54 AM
#33
Making profit with a bubble is great but be careful because that is very risky. If you already have a profit secure it and wait the massive dump before buying again. Hypecoins are profitable but can't stay longer in crypto market.
sr. member
Activity: 2016
Merit: 283
November 05, 2021, 10:28:47 AM
#32
For me making short position and sell off if you already have good profits is the best strategy in my personal opinion wherein to prevent massive dump from the bubble. Because instead you can make profits in it there's a chance of massive losses if you just riding your greediness.. Better to be smart because all the hypes in the market didn't last wherein its more on correction than ups remember that, and lastly its always good to take the opportunity than missing it..
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 05, 2021, 12:13:14 AM
#31
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).
To be honest, nobody really knows how low the dump bring the price or when the dump will happen. Theoretically one can short at that correct time and gain a lot of money, but dreaming of doing so is similar to dreaming of hitting the jackpot. You would very likely miss it. But there is nothing to be disheartened of, there will be ups and downs in the market. You can cycle your money effectively in these and churn out cash in every interval.

Taking a short at this time is risky, go for it if you are having the guts to back yourself and enough money at hand to cover your losses. But keep in mind that long/short are a type of gambling, do not gamble what you cannot afford to lose.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
November 04, 2021, 10:21:23 PM
#30
This is nothing new, if we go back to the 1800s when the stock market was with market spectators like Richard Wyckoff, Jesse Livermore, there were many scams that people made money, one of the most common was tulips, obviously there they earned a lot money, and finally those who took everything won more, then the last scam in the 1990s which was when they invented the project of capturing the smell through the internet.

Currently there are people who take money from scam projects, they already know how to do it and in fact there are people who only look for scam projects to get money, it is incredible, but on YouTube there are many youtubers who are traders who do this technique.
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