Must we always Preach about Bull Markets?

Hotrod_88

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Quote from: Goodvalony on January 16, 2019, 08:17:32 AM

I feel that we own ourselves the truth and Nothing but to tell ourselves the truth. i am Not a good trader but i have always been following the cryptomarket. ever since we experienced the Huge bull Market of December 2017/ January 2018. it has been waves and waves of a crypto bull market predictions by our professionals Here and there. even bloggers, you-tube channels and so on but yet, the reverse has been the case. the bitcoin market slump from 19k to 3.5k.
Totally an abysmal failure. if this business was organised and managed by a centralized body, i felt that it would has SHUT Down. Billions was lost to scams and to some fast and sharp traders.
Therefore,i will suggest for friends and Newbies here THAT Are yet to Master this Market to stay away from predictions because you will sincerely burn. you will definitely loose your Money. Please Be smart, stay safe. Enjoy your Money while you have it. Cool

.

As of now a lot of us are in doubt especially newbies and we can't blame them since some of them believes in predictions which leads into expectation and sometimes ends up regretting that's why I rather make my own research than to listen in those predictions because I have learn that lesson last year and it makes me really sad. I suggest to newbies to read and watch some videos about trading than that because it won't help them to make wise decision for themselves especially when you are already looking for an exchange you have to find a good one like darb exchange its a good trading platform that helps newbies to trade well. In addition to that this exchange support different cryptocurrency like fiat and crypto, it can also be a crypto wallet where you can store your assets and funds.Trading needs skills and knowledge that''s why it is much better if we spend our time enhancing our knowledge. Well of course we can't blame them people who believes in predictions because they are just trying to be positive but sometimes it can give positive or negative impact on our choices.

Babyrica0226

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Actually, We had our own choice of speculations here in the forum. Giving any information about the Bull run has a big impact to those who are bag holders. It gave encouragement and enlightenment for the others to buy more of the coin they are going to hold in the long run. But not all predictions by other here are accurately true most of them are not true only few them has a basis of why they gave that prediction as well.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: ufaiz50 on January 29, 2019, 11:48:03 AM

You have a point, for beginners who always follow the predictions of others, it is better not to enter the crypto industry because everyone should know predictions are not always right.

Only an idiot will follow the predictions of other people. Real investors who have a little bit of brain still intact would do their own research before putting their money in. They would form them own opinions, good or bad before buying anything.

Quote

In my opinion cryptocurrency has a greater risk than other assets, losses and panic are not always about whales or manipulation, losses in my opinion mostly occur because investors and holders do not have competency for that, they easily panic, too easily affected by FUD and FOMO.

Exactly the reason why people should take their investments at their own risk and not rely on other. Being reliant on others lead to the panic when the prices drop. If that same person was genuinely interested in the future of the project they would look into its pros and cons and then only take their step. They would not get affected by FUD or get FOMOed.

pawanjain

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Quote from: Goodvalony on January 16, 2019, 08:17:32 AM

I feel that we own ourselves the truth and Nothing but to tell ourselves the truth. i am Not a good trader but i have always been following the cryptomarket. ever since we experienced the Huge bull Market of December 2017/ January 2018. it has been waves and waves of a crypto bull market predictions by our professionals Here and there. even bloggers, you-tube channels and so on but yet, the reverse has been the case. the bitcoin market slump from 19k to 3.5k.
Totally an abysmal failure. if this business was organised and managed by a centralized body, i felt that it would has SHUT Down. Billions was lost to scams and to some fast and sharp traders.
Therefore,i will suggest for friends and Newbies here THAT Are yet to Master this Market to stay away from predictions because you will sincerely burn. you will definitely loose your Money. Please Be smart, stay safe. Enjoy your Money while you have it. Cool

.

The thing you are talking about is called Greed. People always fall for it and eventually loose all the money they have. The crash of 2018 is a good example where many predicted that BTC will rise higher but as the crash started people started panicking. Many people didn't sell at the right time and now are holding bags filled with coins at higher prices. Never fall for greed and follow the strategy you planned and execute it to get the profits.
You might loose opportunity to earn more profits but the minor profits you make will eventually lead to bigger profits anyway.

ufaiz50

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Quote from: Goodvalony on January 16, 2019, 08:17:32 AM

I feel that we own ourselves the truth and Nothing but to tell ourselves the truth. i am Not a good trader but i have always been following the cryptomarket. ever since we experienced the Huge bull Market of December 2017/ January 2018. it has been waves and waves of a crypto bull market predictions by our professionals Here and there. even bloggers, you-tube channels and so on but yet, the reverse has been the case. the bitcoin market slump from 19k to 3.5k.
Totally an abysmal failure. if this business was organised and managed by a centralized body, i felt that it would has SHUT Down. Billions was lost to scams and to some fast and sharp traders.
Therefore,i will suggest for friends and Newbies here THAT Are yet to Master this Market to stay away from predictions because you will sincerely burn. you will definitely loose your Money. Please Be smart, stay safe. Enjoy your Money while you have it. Cool

.

You have a point, for beginners who always follow the predictions of others, it is better not to enter the crypto industry because everyone should know predictions are not always right. In my opinion cryptocurrency has a greater risk than other assets, losses and panic are not always about whales or manipulation, losses in my opinion mostly occur because investors and holders do not have competency for that, they easily panic, too easily affected by FUD and FOMO.

Thanasis

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Quote from: Goodvalony on January 16, 2019, 08:17:32 AM

I feel that we own ourselves the truth and Nothing but to tell ourselves the truth. i am Not a good trader but i have always been following the cryptomarket. ever since we experienced the Huge bull Market of December 2017/ January 2018. it has been waves and waves of a crypto bull market predictions by our professionals Here and there. even bloggers, you-tube channels and so on but yet, the reverse has been the case. the bitcoin market slump from 19k to 3.5k.
Totally an abysmal failure. if this business was organised and managed by a centralized body, i felt that it would has SHUT Down. Billions was lost to scams and to some fast and sharp traders.
Therefore,i will suggest for friends and Newbies here THAT Are yet to Master this Market to stay away from predictions because you will sincerely burn. you will definitely loose your Money. Please Be smart, stay safe. Enjoy your Money while you have it. Cool

.

If you are trusting others means you are going to work for their benefits not for yourself because people in this world are more selfish than being generous to others.BTW its not huge bull market its Bearish market from December 2017 to until now.

Yatsan

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Quote from: BitHodler on January 22, 2019, 06:30:24 PM

Quote from: NeuroticFish on January 22, 2019, 03:24:37 PM

We should show Bitcoin strong points and our reasons for believing in Bitcoin success. Anything else is shallow and.. insecure.

If we ask random people here what the strongest points of Bitcoin are, they'll point out that the price is now low and you can make insane profits during the next bull run cycle. It's mostly all related to greed unfortunately.

That being said, it's not easy for the average person to be motivated enough in crypto as a whole when they enter at first, because it's the increasing price that made them enter crypto, and nothing else.

Bull cycles are basically this market's main way of attracting adoption. At first it's all speculative, and the smartest people will eventually turn into believers of the protocols, which is how I started as well.

If that person answers that bitcoin is now in a low price you can already distinguish that he/she is new to the market. Bitcoin created a whole new level of coin due to core and pure speculation and so the price of it increased through time. I guess bull is not on its way right now, different approach on the market is a must for you to resist and make profit.

davinchi

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I think the bull market predictions should be for longer term. I understand that people may not like the "hodl" mentality and if you are a trader I can understand why you would want to get in and get out quickly however considering the way market is right now (and in the past year) we should also consider the fact that maybe in 2-3 years time this market will not look like this at all.

After all, we did had a fall before and we did increase insanely afterwards, remember for almost 8 years or so the highest price was 1400 dollars and we didn't break that for long long time until we had this 20 thousand dollar run, we didn't just reached 1500 to break the previous ATH, we reached 20 thousand dollars, over 10 times the previous ATH price.

Hence, there are still some of us who believe in the possibility that maybe one day we can reach back to that and go beyond that. We do keep preaching those days because that is the only time we can really get a huge result for our money, all other %10 or whatever increases or decreases are unimportant to us.

Caladonian

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Quote from: karloscimot on January 27, 2019, 09:26:52 PM

Quote from: BayAngelo on January 16, 2019, 08:28:52 AM

No wonder so many people will like to show there skills here predicting weekly bull runs without a proper DYOR. most of the replies we have here shows that so many predictions are just off head without any proof.

lots of buying and selling perpetrators always predict a good increase but the actual situation is sometimes not in line with predictions, because the market increase is normal, do not be pessimistic about price movements that sometimes go down continuously, because the market sometimes experiences saturation and big traders always play with price, but for a trader to be good at responding to current prices, crypto currency is always an interesting thing to trade,

They are hoping that they will get a good outcome from entry that they've place, many traders are still positive and always looking for much healthier
market, the more we seen positive outlook the better we will attract new investors, we need not to stop advertising and attracting people to use this chain
it will be a good lift for the price to go high again, once the supply and demand go back on track the bull will begin to run again.

btc_angela

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Quote from: nicolas1979 on January 27, 2019, 11:53:01 PM

Quote from: Goodvalony on January 16, 2019, 08:17:32 AM

.. snip ..

Thank you for your suggestion and is what I'm trying to do, this is hard time for us. Many people stay because have bigger faith but not with calculation but me keep stay because my asset stuck with bitcoin and eth. So far, I know people try to think hard about solutions but I realize market is really deep for recover. Try to go out and find alternative income, not good answer but we don't have many choice isn't?

In life we always have a choice, so definitely there's a lot of opportunity outside crypto, but the thing is crypto is life for majority of us, it seems this is the only option that they. can think of, sad to say. Again, if you feel not comfortable, look for other alternatives, or better yet, get a stable job so that in case bitcoin went on another crypto winter in the future, we all know what to do and we won't rely on crypto alone, just saying.

nicolas1979

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Quote from: Goodvalony on January 16, 2019, 08:17:32 AM

I feel that we own ourselves the truth and Nothing but to tell ourselves the truth. i am Not a good trader but i have always been following the cryptomarket. ever since we experienced the Huge bull Market of December 2017/ January 2018. it has been waves and waves of a crypto bull market predictions by our professionals Here and there. even bloggers, you-tube channels and so on but yet, the reverse has been the case. the bitcoin market slump from 19k to 3.5k.
Totally an abysmal failure. if this business was organised and managed by a centralized body, i felt that it would has SHUT Down. Billions was lost to scams and to some fast and sharp traders.
Therefore,i will suggest for friends and Newbies here THAT Are yet to Master this Market to stay away from predictions because you will sincerely burn. you will definitely loose your Money. Please Be smart, stay safe. Enjoy your Money while you have it. Cool

.

Thank you for your suggestion and is what I'm trying to do, this is hard time for us. Many people stay because have bigger faith but not with calculation but me keep stay because my asset stuck with bitcoin and eth. So far, I know people try to think hard about solutions but I realize market is really deep for recover. Try to go out and find alternative income, not good answer but we don't have many choice isn't?

karloscimot

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Quote from: BayAngelo on January 16, 2019, 08:28:52 AM

No wonder so many people will like to show there skills here predicting weekly bull runs without a proper DYOR. most of the replies we have here shows that so many predictions are just off head without any proof.

lots of buying and selling perpetrators always predict a good increase but the actual situation is sometimes not in line with predictions, because the market increase is normal, do not be pessimistic about price movements that sometimes go down continuously, because the market sometimes experiences saturation and big traders always play with price, but for a trader to be good at responding to current prices, crypto currency is always an interesting thing to trade,

Kahoy01

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Quote from: Harlot on January 27, 2019, 02:50:59 PM

You shouldn't even rely on what others are saying not unless you can confirm what they have predicted. These Youtube channels, blogs, news articles are only creating their predictions to generate views and traffic for them to earn, some even profit from you by subscribing to their premium predictions. These are just businesses, they don't care if their prediction is right or wrong as long as they profit from you. Also if the industry is controlled by the government we won't be seeing any price rallies we have compared to December 2017, everything will be much more stable as they control the market.

Those who people who making predictions are just pure lucks. There are many predictions last year that didn't happen so I can say that most of predictions are not reliable information.

Harlot

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You shouldn't even rely on what others are saying not unless you can confirm what they have predicted. These Youtube channels, blogs, news articles are only creating their predictions to generate views and traffic for them to earn, some even profit from you by subscribing to their premium predictions. These are just businesses, they don't care if their prediction is right or wrong as long as they profit from you. Also if the industry is controlled by the government we won't be seeing any price rallies we have compared to December 2017, everything will be much more stable as they control the market.

Dondont

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This is the crypto, very cruel because indeed what is very dangerous is a bubble like this. People try to stay away and of course this is impossible because of the natural shape of the market. if there is a profit, of course there is a loss, do not expect everyone to get what they want without anyone having to lose

waitforme

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Quote from: Goodvalony on January 16, 2019, 08:17:32 AM

I feel that we own ourselves the truth and Nothing but to tell ourselves the truth. i am Not a good trader but i have always been following the cryptomarket. ever since we experienced the Huge bull Market of December 2017/ January 2018. it has been waves and waves of a crypto bull market predictions by our professionals Here and there. even bloggers, you-tube channels and so on but yet, the reverse has been the case. the bitcoin market slump from 19k to 3.5k.
Totally an abysmal failure. if this business was organised and managed by a centralized body, i felt that it would has SHUT Down. Billions was lost to scams and to some fast and sharp traders.
Therefore,i will suggest for friends and Newbies here THAT Are yet to Master this Market to stay away from predictions because you will sincerely burn. you will definitely loose your Money. Please Be smart, stay safe. Enjoy your Money while you have it. Cool

.

The bull market is too familiar to us. The market can drastically continue, but this does not mean that you can become desperate with that, believe it is what it has done. I go into its future instead of complaining about it every day.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: rodel caling on January 22, 2019, 07:53:47 PM

Trading is a risky investments even do the expert are they get loses and I don't believe there have expert in this field of job, hands on and time quality to monitor the which coins can easily to give potential price increase is the best to earn profits in trading. For short cryptocurrency is unpredictable volatile fluctuations.

Trading is risky no doubt about it but it is profitable for those who know how to do it. Most people have the false belief that some altcoin is going to come to number one. This conception is theoretically not possible due to many reasons that bitcoin has over any altcoin. Also altcoins are not worth putting money in when the founders are themselves big names in crypto (like Bcash shitcoin).

Next for those who want to stay away from the common fluctuations they can buy at the low and then hodl for a few years at least and then sell at a profit. That pretty simple enough but the tough thing is to decide when to buy and when to sell.

Seeker#9

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You can't prevent people from predicting or speculating the future outcome of a cryptocurrency because it is been part of the trading. But believing or in the so called crypto analysts and relying on them is not good for your trading career. Cryptocurrencies are unpredictable because of their unstable prices andno one can exactly predict their future prices. I'd rather study the behaviors of cryptocurrencies and the whole market than relying on predictions of others.

rapsa2018

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Ofcourse lot of people also have a prediction on every coins they have so they keeping it until they gonna earn but lot of their prediction is not happening and lossing their money by taking its risk.

exstasie

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Quote from: TheUltraElite on January 22, 2019, 04:44:22 AM

Quote from: BitHodler on January 17, 2019, 06:59:24 PM

People need to get burned before they understand that cloud mining is wrong, some times even more than once. I'm glad that the amount of YouTubers shilling coins or platforms has decreased significantly last year.

As long as that wannabe get rich quick attitude remains more and more people will get burned. Same happens in the ICO scams and since there is no regulation of such assets there is the rampancy of such events.

Honestly, I've come to the conclusion that there's no way around the "get rich quick" nature of the market. Bitcoin is a nascent, experimental technology and there are many unknowns about its future success and adoption. This is doubly true for altcoin, crypto security and ICO markets, which are even riskier. So these markets are incredibly volatile as a result. The kind of upside volatility seen in crypto (where a 10x gain is considered small) is bound to attract speculators looking to get rich quick. It's just inevitable.

That's why I always draw comparisons among things like Pirate40's Bitcoin Savings & Trust and Havelock Investments and the ICO mania of 2017. These are the same cycles of human greed playing out over and over. They're not going to end until many years or decades from now, when crypto is no longer seen as risky or speculative.

Topic: Must we always Preach about Bull Markets? (Read 428 times)