Must we always Preach about Bull Markets? - page 3.

tenakha

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Quote from: Goodvalony on January 16, 2019, 07:17:32 AM

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 nature of cryptocurrency does not specify itself. Price can change to any direction at any moment regardless of the situation. So it is not right to blame someone. Last year after the big increase of Bitcoin all of us expected continuous increment, but panic prevailed all over us. Anyway I appreciate your advice to your friends and agree with your opinion. Waiting in side prevents loss.

MURONDI

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no one can guess exactly where the market is going, it's best to study on your own to know the market conditions well, don't be easily tempted by big results. Grin

1Referee

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Quote from: JRoa on January 17, 2019, 05:57:09 AM

The higer the risk, the lower the chances of winning. Making investments in the cryptocurrency market is truly dangerous due to risks. For those newbies who are still new in the market, do not invest huge money because there is high possibility that you will lose your money.

It's only dangerous if you over-invest, invest with borrowed money, or blindly invest just because "experts" told you it's a great investment.

If you stick to Bitcoin, don't fomo in during bull runs and just patiently wait for the right moment to enter, the risks are super low. In the end, there is a risk everywhere, even when it comes to the stock market, real estate, etc. You have to take risk to make money, but do it in a manner the risks is calculated and don't ever go all in.

I actually find it more risky to invest in US strocks right now than to invest in Bitcoin.

binhvo1505

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Quote from: Goodvalony on January 16, 2019, 07:17:32 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

.

This is really a very controversial issue. New traders always rely on FOMO and the words of those who succeed and invest under them. But new traders do not realize that it is a completely wrong strategy. they can create their own strategies and can make money, this is for sure. Warren Buffett has also failed many times and he has just got his own successful investment philosophy.

JRoa

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Quote from: xuan87 on January 16, 2019, 09:08:38 AM

It's not a definitely lost money, but it's a dangerous investments, actually Bitcoin was never intended as store of value, but because it's valuable, people like to make profit with it and start to speculate, for newbie it's the best to always cautious and don't make a huge investing if you don't know the market situation, it's wrong to stop people from investing but we need to make sure they know the risk before investing

The higer the risk, the lower the chances of winning. Making investments in the cryptocurrency market is truly dangerous due to risks. For those newbies who are still new in the market, do not invest huge money because there is high possibility that you will lose your money.

Goodvalony

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Quote from: Kemarit on January 16, 2019, 08:14:21 AM

First, there's no so called experts in this field, just like you and me, they're just speculators from the outside, so don't buy what they said, used your common sense. Second, it's obvious that those who are preaching a bull market has some motives behind, most of them have big clients to begin with, so obviously they want they client to make a lot of profits. Third, as a individual crypto investors, those so called "experts" wanted to see their portfolio grow so again, they need to predict that something big will happen so that they can book and maximize profits in the future.

Exactly that is the plan behind all those speculations. they want to lure Newbies and impatience people to the market and get them to spend their money while they sold out to them and leave them hanging. A friend of mine is yet to recover from the 2017 bull market. he bought Bitcoin at 15k hoping that it will reach 30k double amount (greed), i advice him to sell off but he refused. till date, he believed i was the reason why he join the cryptocurrency and he hate me for that.i don;t blame him because he failed to follow instructions.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Goodvalony on January 16, 2019, 07:17:32 AM

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

.

Thats the same as saying : put you money into the banks and watch it grow at 5% interest rate per year YAY! So much money for me! LOL

If you cant take the risk dont enter into crypto at all. Thats what I preach. If you willing to tale the risk dont bitch about it when you lose money because you agreed to the first point. In my opinion people dont do their proper homework before jumping in to investing their money into several crypto assets. There are tons of coins to put your money into but if we short list them only 4-5 worthy altcoins and bitcoin are the only ones worth putting your money in. Rest are all the same, dump at the pump and exit.

What youtubers do is shill their altcoins - I try to tell everybody to stay away from paid marketing but few listen.

Dreamchaser21

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Quote from: nelson4lov on January 16, 2019, 05:04:32 PM

It's normal for people to make predictions. And there's nothing wrong with people making predictions. It's you taking those predictions too serious. One other thing you should know is that the market doesn't always go as people predict them to be. In my experience, go long when everyone is panicking and short when everyone is fomoing.

People just want the market to become more stable, that's why they are making more good prediction maybe because they want to earn more money or they need to recover their expenses. We can make a lot of this, but its not ok to depend on that since it is not proven and guaranteed. Always set your target price, be patient and stick with your plan, just keep on spreading good news about cryptocurrency.

enawati

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Yes last year many youtuber and expert has prediction the price of Bitcoin will keep going up to $50k in the end of 2018, but the fact is far from it the price of Bitcoin come down to the new level low. Dont believe any prediction and use own analysis to make better decision and dont forget to learn more about risk management.

kawetsriyanto

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Quote from: Goodvalony on January 16, 2019, 07:17:32 AM

~snip~
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.

We should never depend on the predictions, it is all about the possibilities and no guarantee to really happen or not. Having a good analysis is a must for every crypto users, it is what we should do. We cannot blame people's predictions when we got losses on investments or trading. They just give their views, the decision is on our hands.

Oceat

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It just really depends on every person if they want to believe in someone saying something about of the market. But i don't really want to believe in them saying, i just watch the market and compare if their analysis is something nearer to the outcome of the market. Observing first will safely take you to your next step if you are a trader.

nelson4lov

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It's normal for people to make predictions. And there's nothing wrong with people making predictions. It's you taking those predictions too serious. One other thing you should know is that the market doesn't always go as people predict them to be. In my experience, go long when everyone is panicking and short when everyone is fomoing.

@Hakermania@

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Quote from: Goodvalony on January 16, 2019, 07:17:32 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

.

especially when 50% of the forecast is bullish and 50% is bearish .. "the true is out there", in the candles!

adzino

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Quote from: Goodvalony on January 16, 2019, 07:17:32 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

.

Predictions were made from the very beginning, not just after the sudden bull run during the end of 2017. I know some of the predictions given by the so called experts are totally absurd, but they have their reason (or at least shows the reason) for those prediction. It is just to show the positive attitude towards the market, people give such optimistic predictions.
Those are just predictions. They might happen or might not happen. The market is totally unpredictable and so people should not solely depend on those predictions when investing/trading.

Supercrypt

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Quote from: Goodvalony on January 16, 2019, 07:17:32 AM

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

.

Not just with crypto, for the any market we should first focus on fundamental then only we should go for technical analysis. If you have gone for fundamental analysis of bitcoin markets then probably you will never find any frustrations because you must have gone for long term trading. Because, bitcoin is always good for long term perspective to make huge amount of profits.

If you had entered into these markets in last 12 months of time-frame then you would have been deeply disappointed. But, if you had entered in last 24 months then probably you must be in profits. Longer with the timeframe you will be considering, there will be plenty of chances to have bigger profits.

Moreover, bitcoin market is trading in some predetermined cycle. If you find time to learn those cyclic nature then you can probably find easy profits in short-term itself.

Muzika

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Quote from: Goodvalony on January 16, 2019, 07:17:32 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 people will consider predictions they will definitely loose their money, we all have the power of predict price but since those people who predict the price has a good background the people listen to them but in reality we also dont know when the bull market happen, as you said just invest wisely.

Reid

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Abysmal failure? That is an exaggerated phrase.
I get it, you loss a lot. But dont blame the bitcoin price with it.
You made the decision, try to swallow it and learn from it.
Dont go way far into almost making FUD which will just hurt you again.
You are still within this community so I am betting you still have coins on your wallet. Bitcoin or altcoin, once bashed by FUD will end and you will go with it.

dothebeats

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As someone who has been around for 4 years, I'd say that bull runs aren't really the center of this ecosystem but the changes it might bring to what we currently have/use. Sure it isn't always sunny for the traders, but it somehow promotes a connotation that the crypto markets are nothing but cows that are always ready to be milked with cash which I think is wrong and may lead to empty pockets and heavy losses. Besides, if one is really a good trader, would he/she need a bull run in order to profit? I think not.

xuan87

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It's not a definitely lost money, but it's a dangerous investments, actually Bitcoin was never intended as store of value, but because it's valuable, people like to make profit with it and start to speculate, for newbie it's the best to always cautious and don't make a huge investing if you don't know the market situation, it's wrong to stop people from investing but we need to make sure they know the risk before investing

cokroalif

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I get with you, the principle of investment that must be noted is never to put all your money into one type of investment. Even though one investment looks better and tantalizing, you should not only put all your money and property into one investment asset. Set aside a portion of your money for other investments. Remember, the choice is yours.

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