Topic: Now the price is bullish - page 3. (Read 624 times)
I think that we will not see 20 in the near future. Although Bitcoin is not the most predictable currency, there is no need to say for sure.
now the price literally going crazy, with no top , guess u should have exit plan, remember dead May before, but the good news, its still far from over, btc wont get high correction like 2018 before touch 140k ++ . of course this is just my thought.
It got actually a top and it was near $67k and I've thought that it will break to that price but it didn't. But the good thing is it didn't went close to $59k but only $60k. This is actually a good sign that the dip was truly healthy and it's recovering a little by little. Thinking of an exit plan is too early if you're thinking that at this time. If you're satisfied then with $60k+ then you should have your exit but don't regret if you ever see and realize that bitcoin has the potential to go more than $100k.and i dare to bet 20k it's the new price floor for btc when wipe out came later. just imagine , according to JP morgan , investor on gold ETF move their fund to Bitcoin ETF ,a few of course,but that can be a signal how bullish this year.
So if you're standing on that assumption that a wipe out will happen then there's nothing left anymore whether there are gold investors or etf investors in the market.
now the price literally going crazy, with no top , guess u should have exit plan, remember dead May before, but the good news, its still far from over, btc wont get high correction like 2018 before touch 140k ++ . of course this is just my thought.
It got actually a top and it was near $67k and I've thought that it will break to that price but it didn't. But the good thing is it didn't went close to $59k but only $60k. This is actually a good sign that the dip was truly healthy and it's recovering a little by little. Thinking of an exit plan is too early if you're thinking that at this time. If you're satisfied then with $60k+ then you should have your exit but don't regret if you ever see and realize that bitcoin has the potential to go more than $100k.and i dare to bet 20k it's the new price floor for btc when wipe out came later. just imagine , according to JP morgan , investor on gold ETF move their fund to Bitcoin ETF ,a few of course,but that can be a signal how bullish this year.
now the price literally going crazy, with no top , guess u should have exit plan, remember dead May before, but the good news, its still far from over, btc wont get high correction like 2018 before touch 140k ++ . of course this is just my thought.
It got actually a top and it was near $67k and I've thought that it will break to that price but it didn't. But the good thing is it didn't went close to $59k but only $60k. This is actually a good sign that the dip was truly healthy and it's recovering a little by little. Thinking of an exit plan is too early if you're thinking that at this time. If you're satisfied then with $60k+ then you should have your exit but don't regret if you ever see and realize that bitcoin has the potential to go more than $100k.I was seeing that we end this year with strong market support. And I was predicting that we gonna reach $80,000 next month.
If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage
Even I am a long term holder, by 2018 I regretted a lot for not taking out some profits to live with. I was over confident after seeing bitcoin prices were playing from $10k to $19.4k in less than 14 days time frame like we are going to have continuation of bull run even in 2018 but when bears started dominating, I was upset about not booking around ATH which again led me not to both about anything below $15k.My simple suggestion to anyone like me here, even you are a strong believer of bitcoins, just book some 2% to 5% of your total holding around ATH or by end of December month and then you may get chances to buy back for more than 70% discount by end of next year. Just think about and act wise; we cannot copy Mr. Satoshi's holding policy completely hence booking for small portions will help for sure.
now the price literally going crazy, with no top , guess u should have exit plan, remember dead May before, but the good news, its still far from over, btc wont get high correction like 2018 before touch 140k ++ . of course this is just my thought.
It got actually a top and it was near $67k and I've thought that it will break to that price but it didn't. But the good thing is it didn't went close to $59k but only $60k. This is actually a good sign that the dip was truly healthy and it's recovering a little by little. Thinking of an exit plan is too early if you're thinking that at this time. If you're satisfied then with $60k+ then you should have your exit but don't regret if you ever see and realize that bitcoin has the potential to go more than $100k.
I think bull market will run through the year and beyond. Cryptocurrency is actually growing and the new investors are more serious with the mentality of corporate world. We may not see bitcoin dipping 80% like it was in 2017 and some other years. Holding is simple and the best way to maximize gains!
now the price literally going crazy, with no top , guess u should have exit plan, remember dead May before, but the good news, its still far from over, btc wont get high correction like 2018 before touch 140k ++ . of course this is just my thought.
It got actually a top and it was near $67k and I've thought that it will break to that price but it didn't. But the good thing is it didn't went close to $59k but only $60k. This is actually a good sign that the dip was truly healthy and it's recovering a little by little. Thinking of an exit plan is too early if you're thinking that at this time. If you're satisfied then with $60k+ then you should have your exit but don't regret if you ever see and realize that bitcoin has the potential to go more than $100k.
now the price literally going crazy, with no top , guess u should have exit plan, remember dead May before, but the good news, its still far from over, btc wont get high correction like 2018 before touch 140k ++ . of course this is just my thought.
I am totally getting what you are suggesting, but booking profit is a part of the strategy that any individual trader prepares. Some are here to stay longer and have good risk-taking capability, and some are here to obtain many small wins and move forward. Yes, it is beneficial to book profit when the market is bullish, but you never predict that it will fall soon. Maybe it's going to beat its own higher position. In my opinion, it's completely a personal choice.
The price is bullish to me now because I bought some binance coin(BNB) when it was at rate of 500 per one USD but since that time I bought it, it has been dumping and update the coin have not even reach the amount I bought it. I am thinking to hold or sell. So I am confused because I am not financially okay for now
The market is going like a bull now and the bitcoin price is increasing more and more , I don't even know what we can do now in trading? any tips for the traders as it is really bullish now a days the bitcoin already crossed $62k , so it would be better to change some trading strategies and follow new one before entering the market.
The bitcoin is doing great at the moment and I don't think there will be a dump like we witnessed in April! Bitcoin in a matter of days may consolidate and found another support before new ATH! Taking profit without proper analysis we lead to losses of gain if you have held your coin! There is still room for growth and bitcoin will definitely test another ATH!
The bullish can end anytime, so better you be careful and know when to get out before you lose the time to leave the market and lose the chance to make a profit. The price still increases although the price has been down for a while but I think the price could still increase after this so we can be ready to sell and make a profit at another high price. So enjoy this rollercoaster and prepare for anything that will comes.
This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.
If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage
I totally agree with this opinion. when a bull market occurs, it would be better to convert some number of coins into stable coins and wait for the next price drop to buy some more coins. to be honest I most often get conditions like that rather than holding on and waiting for higher prices.If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage
well, it's okay to be ambitious when it comes to profits. however, the most important thing is to have a strategy in it. Currently the price is bullish, but I don't think it's for altcoins yet. maybe I'll take this advice when the price returns to the pump.
I just hope that FUD's won't show up this time as this usually gives some reason for panic selling, especially for the newcomers.
FUDs will be always coming, we may see again some FUDs in the upcoming few weeks. But let's hope there are no big impacts on the FUDs and some experts will try to ensure people not to be influenced. We cannot avoid that some people may sell their coins because they are in panic, it is human nature. I am sure if there is a FUD that states the bullish will be over soon, many people will consider selling their coins.
We've come bullish since early this year, although we have had some price correction in the past few days, however, we're still rallying back again. Looking for another ATH but seems impossible to reach $100k as most of us here are predicting. I just think for the market to break $60k and lead to $80k as a new ATH this year is quite possible.
And I just hope that FUD's won't show up this time as this usually gives some reason for panic selling, especially for the newcomers.
And I just hope that FUD's won't show up this time as this usually gives some reason for panic selling, especially for the newcomers.
The price will only go down if the SEC does not approve any physical bitcoin ETF, at the moment I write the price is at $60,900 precisely due to the uncertainty that people are already starting to have regarding sec not to approve any physical bitcoin ETF, like some weeks ago analysts kept talking that there was a 75% chance of SEC approving some physical Bitcoin ETF the price started to increase a lot, but the opposite can also happen: if the sec does not approve some physical ETF bitcoin, the bitcoin price will drop a lot
I believe that bear market will not come anytime soon. However what people are fearing is that we have increased so much and that is why people are not sure about what they are going to see in the future. Sure it went up so much right now but then it could crash. Remember it is the peak that we start to see the drops and that is how we get the bear runs. Last time it was 64k and then dropped as much as to 30k and that is the problem that people have right now because people think that it could happen again as well.
How can we guarantee that it will be 64k again and not fall again? It could definitely drop like that and thats why people are afraid of what could happen. I agree that it will be doing good but I also understand people who are afraid of what could happen.
How can we guarantee that it will be 64k again and not fall again? It could definitely drop like that and thats why people are afraid of what could happen. I agree that it will be doing good but I also understand people who are afraid of what could happen.
Such concerns are caused by the fact that the price of bitcoin has recently increased by 50% without a significant correction. And now that the BTC price has almost reached its ATH, it has a better chance to go for a correction than to overcome the historically maximum value.
Sounds like you really believe that the bear market is around the corner. Did you sell all your cryptos into stable coins already? In my opinion we are not close to a bear market. The opinion towards cryptos is still positive from many investors. Why should all these investors lose their confidence quickly? A big factor behind the current bear market is the rising inflation. Investors are lacking investment opportunities. Cash and bonds are a no go, the low interest rates makes them obsolete to hold. The only real alternatives are stocks, commodities and cryptos. Since stocks and commodities are close to their ATH the only real opportunities are in the crypto market right now. I am not taking any profit thus year. As long as I have fiat money I will always use that first to pay bills and other things.
I believe that bear market will not come anytime soon. However what people are fearing is that we have increased so much and that is why people are not sure about what they are going to see in the future. Sure it went up so much right now but then it could crash. Remember it is the peak that we start to see the drops and that is how we get the bear runs. Last time it was 64k and then dropped as much as to 30k and that is the problem that people have right now because people think that it could happen again as well.How can we guarantee that it will be 64k again and not fall again? It could definitely drop like that and thats why people are afraid of what could happen. I agree that it will be doing good but I also understand people who are afraid of what could happen.
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