Topic: Now the price is bullish - page 6. (Read 624 times)
Market is not stopping for anyone as it is completely volatile and going the way it wants as more as the situation it brings can changes the whole criteria for trading which we had already chosen and can be doing with it, but in more saying that the greed can be there a little but , through which we can't do it more profit and have a challenge so.
Days like this always happen in cryptocurrency and lucky are those who are holding good and potential coins for a long time. As for me, it would be better to make profits these days rather than being greedy and wait for a higher profit. This might only be a correction time yet we must take advantage of it.
We are still growing if you look at a bigger picture, try to increase your timeline for 5 years and up and you'll see a good pattern.
Though I do agree that we should always know when to take profit because we can't go straight at the peak, many corrections will interrupt the up trend so better to be prepared on that. We saw a small correction again after failing to break the price of $57k, there's a higher chance now to go down if Bitcoin can't sustain this momentum so taking profit is not a bad idea at all.
Price is moving to the all time high months ago and the Fear and Greed index was at high, 78 yesterday. The pull back today helped to pull the index back to 70. It is still high and Bitcoin can be pulled back more but I think the chance for Bitcoin to break $65k is real.Though I do agree that we should always know when to take profit because we can't go straight at the peak, many corrections will interrupt the up trend so better to be prepared on that. We saw a small correction again after failing to break the price of $57k, there's a higher chance now to go down if Bitcoin can't sustain this momentum so taking profit is not a bad idea at all.
Hours ago, the market did not need too big volume to keep the price recovering and now we see Bitcoin is exchanged from $55k to $56k. Good enough but you have to think of two plans: Bitcoin will be corrected more or will break the all time high.
I don't think so as of now I think it will enter the correction price. This is my personal perspective based on my technical analysis but I think it will go down to $43,000 - $42,000 upon checking the market I see that my analysis is still valid and there's still chance that it will crash anytime soon, we will see about it.
I have placed pending purchase orders in approximately the same price range, but it may happen that they will not give such an opportunity to buy at such a price. If a large buyer enters the market and positive news follows, the price will soar, despite the fact that everyone expects a correction.
I don't think so as of now I think it will enter the correction price. This is my personal perspective based on my technical analysis but I think it will go down to $43,000 - $42,000 upon checking the market I see that my analysis is still valid and there's still chance that it will crash anytime soon, we will see about it.
This is just a reminder that the bull run wouldn't last for ever hope you the 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.
I have some coins from 2015, I bought them for $250 each, and I still keep them today - can you tell me why I should replace them with so-called stablecoins if just holding all these years works for me better than any other option? Yes, I know I could have had more coins - but I'm not greedy.
...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
Hardly you or anyone else can be completely sure when (and whether) the bear market will start - because some have been claiming for months that it started, from the moment ATH was reached and the price went downhill. The people who will suffer the most are those who will invest close to ATH, similar to what was the case at the end of 2017 - but only if they decide to sell at a loss.
Anyone who invests in BTC in the short term is always in danger of not making a profit, but I am one of those who will advise everyone - be smart with two things, choose the best time to invest (before halving), and monitor the situation for the next 1-2 years - if you want to profit, you can hardly go wrong.
Today, the price got correction again after reaching $57k but I still believe that the bullish trend will continue after this correction, although we do not know how long this correction will last. Hopefully, it is just for a few days and the price will start another rally to reach the high price and maybe the price will have more support to back to $60k or more. When the price finally reaches the highest price, you should take your profit while you have time because you will lose that moment if you do not sell. But if you have a plan to sell your bitcoin at $100k, then you do not have to do anything except just waiting for more.
Even though that it’s a bullish period for us (especially December where BTC started to pump like crazy to as much as $30k last year), we should not end up being greedy. It’s better to take profit when you are in good profits. After all, a profit is a profit even if it’s small.
While we are getting close to breaking ATHs again, this is our good chance to take profits happily whatever coin or token we have in our portfolios.
While we are getting close to breaking ATHs again, this is our good chance to take profits happily whatever coin or token we have in our portfolios.
There's a trailing stop loss on exchange for this kind of scenario so that you will not be obligated to TP if there's no bearish sign or significant price changes that might cause a bullish cycle. I do this to secure TP in case I'm offline by the time heavy dump occur giving me a profit despite changes on the market. Maybe try to explore that order feature on exchange. Binance is the only exchange I saw this feature but I don't if other exchange have it too since I'm not using other CEX than Binance.
Even though that it’s a bullish period for us (especially December where BTC started to pump like crazy to as much as $30k last year), we should not end up being greedy. It’s better to take profit when you are in good profits. After all, a profit is a profit even if it’s small.
While we are getting close to breaking ATHs again, this is our good chance to take profits happily whatever coin or token we have in our portfolios.
While we are getting close to breaking ATHs again, this is our good chance to take profits happily whatever coin or token we have in our portfolios.
I don't see any point in buying coins in a bear market when the price is going down every day. This applies to all coins and even Bitcoin. In this case, it is better to keep stablecoins, and then, when the market turns around, buy coins that you are interested in.
I hope it is never too late before the person will hold, I buy when the market is red. If bitcoin falled back to $40000, I will buy, if it falled to $30000, I will buy more. If it falls to $20000, I will buy more and more. We have different ways to hold bitcoin, but this has been working for me.But still if you check what you post, it is still the same with mine, to buy after the bear market is over is all we are both saying.
If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts.
This statement is true for shitcoins provided you make profit from such coin already, but losses are more likely, but profit can be by chance, then such person should sell the shitcoins and buy bitcoin because the statement is not true for bitcoin, nothing like regret, you will gain. If the price fall, do not sell but just hold and the price will increase back and reach ATH, then no regret. But some people may want to sell for some good reasons, maybe this can apply to them, but there is nothing bad to always hold bitcoin.I don't see any point in buying coins in a bear market when the price is going down every day. This applies to all coins and even Bitcoin. In this case, it is better to keep stablecoins, and then, when the market turns around, buy coins that you are interested in.
If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts.
This statement is true for shitcoins provided you make profit from such coin already, but losses are more likely, but profit can be by chance, then such person should sell the shitcoins and buy bitcoin because the statement is not true for bitcoin, nothing like regret, you will gain. If the price fall, do not sell but just hold and the price will increase back and reach ATH, then no regret. But some people may want to sell for some good reasons, maybe this can apply to them, but there is nothing bad to always hold bitcoin.I don't see any point in buying coins in a bear market when the price is going down every day. This applies to all coins and even Bitcoin. In this case, it is better to keep stablecoins, and then, when the market turns around, buy coins that you are interested in.
That's what you called being smart, if you will not take the opportunity now, you will regret it unless you are really here to HODL.
Volatility will remain regardless of the market condition, but a bullish market does not happen all the time, we are given a lot of time to make a profit and we should be thankful this year 2021 is bullish for bitcoin and crypto overall, however, if we get FOMO and just wait without a specific game plan, we will surely regret.
Volatility will remain regardless of the market condition, but a bullish market does not happen all the time, we are given a lot of time to make a profit and we should be thankful this year 2021 is bullish for bitcoin and crypto overall, however, if we get FOMO and just wait without a specific game plan, we will surely regret.
This is just a reminder that the bull run wouldn't last for ever hope you the 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
That is the must in theory. But to do it it's not easy. The biggest fear is getting out too early and missing the profit. All the lead to losing money. Having a strong mentality is really important. 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
It may be a good idea to sit on stablecoin but I might have to do it by the end of the year.
Keep in mind that for stable coins you have to trust those issuer. And keep in mind that since we are in bull run, bitcoin price is expected to rise more, hence a trader will probably keep his funds more time in bitcoin than in stable coins (of course, this is my expectation, not a trading or investment advice).
I've heard of some warnings before about issuers that can freeze stablecoin we hold. It's highly possible to happen since SEC is doing some regulations to them.
Its time to really be wary about it. If it's not USDC that's is good to put my trust I suppose a little USDC can be good.
The more BTC goes up, the market becomes bloated. Today we see $57K suddenly jump down to $54K, it couldn't support this pump anymore.
This bull run is very strange though because it seems like it's just the BTC that goes up and only a few altcoins that soar. It's odd to see this happening because every bullrun we see is also making altcoins going to the moon.
From my knowledge the altcoins simply didn't keep up lately with Bitcoin. Against USD they're more or less in the same area.
Also keep in mind that altcoins, if they rise (against USD), that may happen at a different (later) time than bitcoin.
I'll add that altcoins did disappoint me and on long term bitcoin was better investment.
However, I don't find the current bull run strange at all.
It may be a good idea to sit on stablecoin but I might have to do it by the end of the year.
Keep in mind that for stable coins you have to trust those issuer. And keep in mind that since we are in bull run, bitcoin price is expected to rise more, hence a trader will probably keep his funds more time in bitcoin than in stable coins (of course, this is my expectation, not a trading or investment advice).
This bull run is very strange though because it seems like it's just the BTC that goes up and only a few altcoins that soar. It's odd to see this happening because every bullrun we see is also making altcoins going to the moon. It may be a good idea to sit on stablecoin but I might have to do it by the end of the year.
The people in the institutions are up to make BTC $100K so I'm hopeful that it may happen still this year.
if your analysis is like that, because the new ath has not been formed and the market is experiencing a correction again, I also prepare it by selling some of the assets that I have, so that if the concern is true then my attitude can provide psychological comfort
i have no problem about the movement now . i am enjoying the pump and if even happens that the price drops badly ? i will never regret keeping the holding because i trust my coins and i know even ifd not this year still in the fiollowing years will
reach my target profit.
so caring nothing if dumping happens tomorrow.
i hold variable coins so i can expect great return in the future as i am a holder.
reach my target profit.
so caring nothing if dumping happens tomorrow.
i hold variable coins so i can expect great return in the future as i am a holder.
If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts.
This statement is true for shitcoins provided you make profit from such coin already, but losses are more likely, but profit can be by chance, then such person should sell the shitcoins and buy bitcoin because the statement is not true for bitcoin, nothing like regret, you will gain. If the price fall, do not sell but just hold and the price will increase back and reach ATH, then no regret. But some people may want to sell for some good reasons, maybe this can apply to them, but there is nothing bad to always hold bitcoin. Jump to: