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Topic: Mastering the Art of Bitcoin move (Read 203 times)

hero member
Activity: 1204
Merit: 596
When life gets hard BUY Bitcoin!
August 13, 2023, 12:42:44 PM
#28
Ever pondered the art of mastering your crypto moves?

I don’t believe on this since Bitcoin movement is influenced by many factors including news and technical analysis. It’s very to master the price movements since you don’t when the news will hit the market.

I think holding is the only way to be consistent on Bitcoin since the price keeps growing ever since it was created. Your life will be much easier if you will just hold instead of buying and selling whenever the market make some move because you might loss or missed out once your timing is not sync with the price movement.
legendary
Activity: 2520
Merit: 1721
MrStork Exchange Service
August 13, 2023, 12:39:23 PM
#27
Quite frankly, that's what I'm avoiding for a while now. Implementing dual investment could go a long way for me.

Ain't saying it would be 100% either but it will reduce some potential risk
Multiple investments or Diversification that divides your funds across multiple Altcoins and Bitcoins, so you will have more opportunities for upside.
But you need to be aware, and make sure you choose the right altcoin with good development for the future.
Don't just choose memecoin or shitcoin which is not necessarily going to be good for the long term.

See how Bitcoin is the main investment, it will help you in all trends and bitcoin is the determinant of where altcoins go.



And some advice for your posts and how to reply to other users should reply in one post by quoting the comments of the member you want to respond to.
If you respond to each new post it looks untidy.
hero member
Activity: 854
Merit: 1246
August 13, 2023, 12:34:49 PM
#26
The technic that is good for one person might not be good for another person. And the crypto world specifically bitcoin market price is unpredictable. Anyone that is involved in cryptocurrency investment supposed understand the risk involved before embarking on it so that the person will not be disappointed. You can decide to join the long term goal or short term goal. And from others, long term investment technic is also good and the short term is good for trading so the decision is for the bearer. Yes, long term investment gives more gain when you invest in bitcoin and really whenever one is investing in cryptocurrency the first thing that come to mind is the gain, so when you have calculated the gain and the probability loss in the investment then you take the next action to go wether long term or short term.
jr. member
Activity: 238
Merit: 7
BTC Lover|Crypto Educator| We Grow by Learning!
August 13, 2023, 11:46:29 AM
#25
of course every btc investor has his own technique and way to keep making a profit, in my opinion if investing in btc for the long term we won't think too much about price movements because people who invest in btc for the long term usually only sell btc during BUL RUN. I think purchasing techniques such as the DCA system are needed and I also always use the DCA system.

Yeah, but you know is not everyone that are lucky to get on the trend and get the price cheaper.

I have been in that phase and sometimes is tiring like you have been left out, I have to find me an alternative to join the trend as others at some point

So far, I have seen most of the approach is curated for individuals with a long-term investment perspective. It's not just about gains; it's about calculated gains while thoughtfully nurturing your crypto portfolio.

No one can predict the moves of the market. This is a financial market and if everyone was able to know the next Bitcoin move, everyone would have become rich in weeks and months. You just cannot think about what the market makers and whales are planning whether it is a bull market or a bear market. They will make such moves that will trap the retail into FOMO so they won't sell when prices are all time high or make them so much fearful so that they do not accumulate in all-time near to low prices.

With price action, you may mark certain levels on the chart and predict the next pump or dump to a certain extent but still, nothing can be said with certainty.

For a newbie, investing in bitcoins for long term is the best way to gain money. Also, if you analyze, those who keep Bitcoin for years and years, they are the ones who get real returns which the average day to day trader can never think of.
Although the market can be unpredictable, it is not completely random. Even while they don't always get it right, professional traders, analysts, and institutions put a lot of money into understanding market dynamics, so they're not just aiming darts at a board.

Level marking is not some elementary school game; it is based on past data, current trends, and recurring patterns. To minimize the importance of technical analysis is dishonest.

It's simplistic to state that long-term investing is the "best way" for a beginner, even while I agree that it has advantages. Everything is dependent on one's financial objectives, level of risk tolerance, and investment horizon. Not everyone has the money to "hodl" for a long time. DYOR before making broad assumptions

Yeah, That's why I use both strategy because they seem to work well for me for both long term investment and trading the trend.

Not even a single strategy is perfect. The market is unpredictable and always evolving. In order to stay up to date with the market, we need multiple strategies and plans. But when it comes to the Bitcoin market, you just need to know when the bears are here and when the bull will be back. That's all you need to know about Bitcoin investment. And if you are in Bitcoin trading, that's a different scenario. Depending on your trading style, you will need different approaches and strategies. Now that's a whole new story.

But if you are into investment, buy low and HODL for a long time. That's all. Even if you buy in the middle, you will be in profit if you are able to Hodl for a long time. Try to avoid buying the top. Even if you are unable to do that, just hodl till it breaks the top too in the next bull run.

Quite frankly, that's what I'm avoiding for a while now. Implementing dual investment could go a long way for me.

Ain't saying it would be 100% either but it will reduce some potential risk
hero member
Activity: 1218
Merit: 556
Leading Crypto Sports Betting & Casino Platform
August 13, 2023, 08:11:33 AM
#24
So far, I have seen most of the approach is curated for individuals with a long-term investment perspective. It's not just about gains; it's about calculated gains while thoughtfully nurturing your crypto portfolio.

No one can predict the moves of the market. This is a financial market and if everyone was able to know the next Bitcoin move, everyone would have become rich in weeks and months. You just cannot think about what the market makers and whales are planning whether it is a bull market or a bear market. They will make such moves that will trap the retail into FOMO so they won't sell when prices are all time high or make them so much fearful so that they do not accumulate in all-time near to low prices.

With price action, you may mark certain levels on the chart and predict the next pump or dump to a certain extent but still, nothing can be said with certainty.

For a newbie, investing in bitcoins for long term is the best way to gain money. Also, if you analyze, those who keep Bitcoin for years and years, they are the ones who get real returns which the average day to day trader can never think of.
Although the market can be unpredictable, it is not completely random. Even while they don't always get it right, professional traders, analysts, and institutions put a lot of money into understanding market dynamics, so they're not just aiming darts at a board.

Level marking is not some elementary school game; it is based on past data, current trends, and recurring patterns. To minimize the importance of technical analysis is dishonest.

It's simplistic to state that long-term investing is the "best way" for a beginner, even while I agree that it has advantages. Everything is dependent on one's financial objectives, level of risk tolerance, and investment horizon. Not everyone has the money to "hodl" for a long time. DYOR before making broad assumptions
member
Activity: 392
Merit: 31
August 12, 2023, 11:12:26 PM
#23
of course every btc investor has his own technique and way to keep making a profit, in my opinion if investing in btc for the long term we won't think too much about price movements because people who invest in btc for the long term usually only sell btc during BUL RUN. I think purchasing techniques such as the DCA system are needed and I also always use the DCA system.
legendary
Activity: 2954
Merit: 1159
August 12, 2023, 07:44:39 PM
#22
So far, I have seen most of the approach is curated for individuals with a long-term investment perspective. It's not just about gains; it's about calculated gains while thoughtfully nurturing your crypto portfolio.

No one can predict the moves of the market. This is a financial market and if everyone was able to know the next Bitcoin move, everyone would have become rich in weeks and months. You just cannot think about what the market makers and whales are planning whether it is a bull market or a bear market. They will make such moves that will trap the retail into FOMO so they won't sell when prices are all time high or make them so much fearful so that they do not accumulate in all-time near to low prices.

With price action, you may mark certain levels on the chart and predict the next pump or dump to a certain extent but still, nothing can be said with certainty.

For a newbie, investing in bitcoins for long term is the best way to gain money. Also, if you analyze, those who keep Bitcoin for years and years, they are the ones who get real returns which the average day to day trader can never think of.
jr. member
Activity: 238
Merit: 7
BTC Lover|Crypto Educator| We Grow by Learning!
August 12, 2023, 07:18:16 PM
#21
Well, despite the strategy, the profit is not 100% guaranteed; that's basically trading for a short-term profit, and anyone adopting that strategy should only put in the amount that they feel they can lose and never feel regret for an entire season. For traders, there are really various technical tools they are using for their market analysis, and some exchanges also have some strategies that they usually refer users to invest in Bitcoin, so that no matter the direction of the market, one can still make a profit. If you read the terms of those investment options, there's a strict warning, like only invest what you can lose.

You literally said it all. These strategies were adopted in an exchange but I'm not disputing the fact it is 100% accurate but at least it gives the profit 70-80% of the time. And yes! Putting in what we can afford to lose is very important
jr. member
Activity: 238
Merit: 7
BTC Lover|Crypto Educator| We Grow by Learning!
August 12, 2023, 01:00:13 PM
#20
When it comes to investing in Bitcoin, or any other crypto asset, or maybe trading it, we all as individuals have the liberty to implore and explore different ideas, exchanges have not placed any limit of any kind on our ways, we are all free to develop and explore out own strategies, or even adopt strategies from other investors or traders that we feel know the market better than ourselves, but then in all of this, we must never forget that there is no strategy that takes the risk associated with investing in Bitcoin and cryptocurrencies in general away, good strategies can only manage to increase our chances of making profits at the end, but it does not take away the risk of loosing money, whether the strategy is applied well or not.

This is our free i think the market is.
This is more like it, we learn every day from different traders or personal experience. And is true exchanges don't limit it either. Because most of them tend to bring in different products or strategies just like this one to foster profitability and risk management of a trader
jr. member
Activity: 238
Merit: 7
BTC Lover|Crypto Educator| We Grow by Learning!
August 12, 2023, 04:29:52 AM
#19
Ever pondered the art of mastering your crypto moves? Imagine a set of strategies, techniques, or guidelines that are perfectly tailored to your preferences, risk tolerance, and personal circumstances!

We are expected to adopt any techniques we feels safe and reliable for us to use in safeguarding our crypto asset but we should not forget that in everything we do, there's risk involved and we are going to be responsible for making any error or mistakes from our part, the network is perfectly designed to be used decentralized, we can use many techniques we discovered that could help us have a better experience when investment or in the security of our bitcoin assets, but any mistakes made will also attract a consequence if not well planned.
Ever pondered the art of mastering your crypto moves? Imagine a set of strategies, techniques, or guidelines that are perfectly tailored to your preferences, risk tolerance, and personal circumstances!

We are expected to adopt any techniques we feels safe and reliable for us to use in safeguarding our crypto asset but we should not forget that in everything we do, there's risk involved and we are going to be responsible for making any error or mistakes from our part, the network is perfectly designed to be used decentralized, we can use many techniques we discovered that could help us have a better experience when investment or in the security of our bitcoin assets, but any mistakes made will also attract a consequence if not well planned.

Well said. Indeed, it's important to prioritize security when managing crypto assets. While decentralized networks offer robust designs, it's crucial to acknowledge the potential for errors and take precautions to manage risks effectively. Choosing the right techniques and staying vigilant can help safeguard your investments and enhance your overall Bitcoin security.
legendary
Activity: 2898
Merit: 1152
August 11, 2023, 07:57:23 PM
#18
Nothing beats the idea of buy law and sell high, no matter what strategy we are using, it always ends up on this category.  I believe it is best to learn about price history, the fundamentals, and if needed the technical analysis to have a grasp on how to enter and exit the market.

If one is in for a long-term investment, I agree that DCA is one of the best methods out there, and setting short selling carefully just to reenter with stronger position is also a good thing.  At the end of the day, the crypto market is too volatile and even those who are TA specialist is often shamed by the market movement.

Maybe you mean, buy "low" here.  Tongue That a simple rule of trading but in actuality, hard to implement.
Long-timers and self-proclaimed experts are also speculating in this market, but they can minimize their losses by
using the techniques and TAs that they have acquired throughout the years of observing and participating in this market.
But if you are a beginner in this market, you can always use small funds to get a grasp of how to attack the trading.

Haha! Thanks for the correction, edited and corrected my post.  Yeah, I agree that it is harder to implement this thing but if a trader happens to be familiar with the Bitcoin cycle, he can easily follow the pattern and take advantage of the knowledge of how the price fluctuates.  It indeed needs a lot of experience and exposure to the Bitcoin market but once learned, it will be very beneficial. 

For beginners, it is a good thing we have this forum.  Even though there are lots of conflicting ideas, with proper filters and research, this newbie will be able to learn and adapt to the Bitcoin market.  I do hope they stumble on this forum so that they can be guided by our forums gurus and geniuses.
hero member
Activity: 532
Merit: 508
Leading Crypto Sports Betting & Casino Platform
August 11, 2023, 07:34:37 PM
#17
Well, despite the strategy, the profit is not 100% guaranteed; that's basically trading for a short-term profit, and anyone adopting that strategy should only put in the amount that they feel they can lose and never feel regret for an entire season. For traders, there are really various technical tools they are using for their market analysis, and some exchanges also have some strategies that they usually refer users to invest in Bitcoin, so that no matter the direction of the market, one can still make a profit. If you read the terms of those investment options, there's a strict warning, like only invest what you can lose.
hero member
Activity: 2716
Merit: 588
August 11, 2023, 05:44:02 PM
#16
Nothing beats the idea of buy law and sell high, no matter what strategy we are using, it always ends up on this category.  I believe it is best to learn about price history, the fundamentals, and if needed the technical analysis to have a grasp on how to enter and exit the market.

If one is in for a long-term investment, I agree that DCA is one of the best methods out there, and setting short selling carefully just to reenter with stronger position is also a good thing.  At the end of the day, the crypto market is too volatile and even those who are TA specialist is often shamed by the market movement.

Maybe you mean, buy "low" here.  Tongue That is a simple rule of trading but in actuality, hard to implement.
Long-timers and self-proclaimed experts are also speculating in this market, but they can minimize their losses by
using the techniques and TAs that they have acquired throughout the years of observing and participating in this market.
But if you are a beginner in this market, you can always use small funds to get a grasp of how to attack the trading.
newbie
Activity: 129
Merit: 0
August 11, 2023, 05:37:50 PM
#15
Nothing beats the idea of buy law and sell high, no matter what strategy we are using, it always ends up on this category.  I believe it is best to learn about price history, the fundamentals, and if needed the technical analysis to have a grasp on how to enter and exit the market.

If one is in for a long-term investment, I agree that DCA is one of the best methods out there, and setting short selling carefully just to reenter with stronger position is also a good thing.  At the end of the day, the crypto market is too volatile and even those who are TA specialist is often shamed by the market movement.

I think this is where staking or grid trading comes effective. One can invest in some staking programs that way one's capital won't be affected.

Strategy like;

• Smart trend: Good for trading and price Fluctuation, it navigates the crypto market with ease, no matter which direction the market takes and it's stress-free.

•Dual Investment: Strategically to achieve regular investment at a lower price

Now that we don't know where the price of BTC is trajectory heading, This method could help most people to channel their gains in different ways but then, what other investment do you think is solid to balance risk and returns in investment?

You are mixing 'crypto' with bitcoin while you shouldn't.

Also, with those strategies you are trying to time the market, when the best is time in the market with bitcoin. Buy a good lump sum and forget about it for a couple of cycles. Or do DCA if you have modest personal finances.

Uhhh I'm a bit lost here mate. When you say "you're mixing crypto with Bitcoin while you shouldn't" what do you mean? Can you shed more light please?
jr. member
Activity: 266
Merit: 3
Navigating the Crypto world & Holding BGB Along..
August 11, 2023, 05:31:58 PM
#14
Ever pondered the art of mastering your crypto moves? Imagine a set of strategies, techniques, or guidelines that are perfectly tailored to your preferences, risk tolerance, and personal circumstances!

Considered a technique that empowers you to seize crypto assets at the perfect moment or capitalize on selling when opportunity knocks? I know it will be well intriguing if we think about orchestrating well-timed maneuvers in the ever-shifting crypto arena.

So far, I have seen most of the approach is curated for individuals with a long-term investment perspective. It's not just about gains; it's about calculated gains while thoughtfully nurturing your crypto portfolio.

Strategy like;

• Smart trend: Good for trading and price Fluctuation, it navigates the crypto market with ease, no matter which direction the market takes and it's stress-free.

•Dual Investment: Strategically to achieve regular investment at a lower price

Now that we don't know where the price of BTC is trajectory heading, This method could help most people to channel their gains in different ways but then, what other investment do you think is solid to balance risk and returns in investment?

What's the smart trend strategy?, sounds like something i might be interested in as a trader.
legendary
Activity: 2898
Merit: 1152
August 11, 2023, 04:55:09 PM
#13
Nothing beats the idea of buy law low and sell high, no matter what strategy we are using, it always ends up on this category.  I believe it is best to learn about price history, the fundamentals, and if needed the technical analysis to have a grasp on how to enter and exit the market.

If one is in for a long-term investment, I agree that DCA is one of the best methods out there, and setting short selling carefully just to reenter with stronger position is also a good thing.  At the end of the day, the crypto market is too volatile and even those who are TA specialist is often shamed by the market movement.
hero member
Activity: 1498
Merit: 702
August 11, 2023, 03:00:11 PM
#12
Firstly mate you did not define what those strategy you mentioned was all about, really you only pointed out how it should be used so your point was not clear Enough regardless I don't agree with some of your strategies

The point one, following market trend! Firstly the crypto-currency market is volatile and anything volatile can be misleading, understand the market is volatile and regardless of the state of the having the believe in what coin you holding is important. Especially when you dealing with coins like Bitcoin that has already proven how solid it can be.
legendary
Activity: 2394
Merit: 1231
Leading Crypto Sports Betting & Casino Platform
August 11, 2023, 02:42:38 PM
#11
Well we are free to use DCAs &TAs but no one will ever predict the maket price movement  accurately, therefore there's no such thing as mastery. Even experienced traders and investors are losing money from trading Bitcoin and other cryptocurrencies. This is simply because of maarket price volatility due to factors affectjng the demand and total market manipulation by big investors. Only best thing to do is to ride with the wave and never expect to catch the wave at any cost. If you're into long term hokding then there's nothing much to worry as long as you have the tolerance for sudden market downfalls. That's just how this market works; you will need a lot of patience when creating a position.
sr. member
Activity: 2366
Merit: 448
August 11, 2023, 02:26:46 PM
#10
When talking about investing in Bitcoin. I don't think there is a complicated way to do it and all you need is patience and a firm belief that no matter what happens in the journey of Bitcoin, eventually the price of Bitcoin will definitely increase again in the long term.
Bitcoin is not easy to predict and ups and downs can occur due to some unknown factors and those factors can reverse the movement of Bitcoin. And a sensible strategy for investing in Bitcoin is to use DCA or buy cheap and Hodl is aiming for the long term.
legendary
Activity: 4214
Merit: 4458
August 11, 2023, 02:22:47 PM
#9
Now that we don't know where the price of BTC is trajectory heading, This method could help most people to channel their gains in different ways but then, what other investment do you think is solid to balance risk and returns in investment?

many people just "trend anal" the price history. they totally ignore the value-premium window that speculation sits within

you can calculate this window.
take the most efficient asic of a period and measure the total costs of mining btc across a average period

for instance in 2022 the window of speculative opportunity was $15k-$90k
and as proven in that year the market never dipped below $15k

the current Q2: 2023 window is $22k-$140k
yes no one knows where the market price will be tomorrow. but we know it will be within that window of speculation

other factors are with knowing major mining farms still have 2021-2022 energy prices locked in for 12-24 month contracts they have yet to be impacted by the inflation rise of energy. so expect the bottom window to increase soon pushing the bottom support up further(as long as hashpower doesnt decline)

once you look at those factors you see the downward potential is neglegable but the upward potential has more possibilities

in short. forget prices of 2009-2020 we wont be seeing them ever again (unless drastic hashpower drop)
the underlying support of mining cost from value(most efficient on planet) to premium(expensive on planet) sets a window the price speculates in. which usually rises. meaning it makes the potential price speculation within that window rise
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