One fact I have discovered with many forks is that they are always cut in the middle of each wave.
Some even with a bull run tend to waste a lot of time before selling and holding more cash but because of greed and some other factors, they waste a lot of time, and before you know it bears market will set in again.
So the best time to take the right actions is when you already made an average profit in your holding and also the best time to buy is when the price is low and near the bottom, so in doing that one needs to have good knowledge of the price chart to understand Bitcoin previous market behavior.
Topic: Realizing the value of holding cash - page 2. (Read 709 times)
The current market situation is a good opportunity to invest in cryptocurrency market industries which many coin's are in bottom line, as very good position to buy, which many investors seen it as bear market to invest on many difference coin's, while some are still waiting for the market to Dip small as Bitcoin price is dropping slowly. Main why some don't have many to buy, while many people that already know the system invest in every stage as the Market Keep going down.
It takes a great deal of wisdom and patience to be effective in this space. You need wisdom to make the right decision and patience to wait until it materializes.
The importance of taking profits when the market is bullish cannot be overemphasized. We are quick to forget that the bull market is only for a while and would be followed by a longer duration of bear market where buying would be more beneficial.
Only few people know this that's why we see a lot of people complaining during the bear market because they have it all wrong. Buying during the bull run and selling during the bear market, there's no profit in that it's just a waste of spare money and there's no more left during the correction that should be the money to buyback if they ever done taking profit during the bull run but it happens the other way around. Sooner they will realize how important it is to have an extra money when everything is in a recession.The importance of taking profits when the market is bullish cannot be overemphasized. We are quick to forget that the bull market is only for a while and would be followed by a longer duration of bear market where buying would be more beneficial.
Holding cash during a bear market is a must in order to be able to shop freely at big discounts, I try to set aside a monthly salary for investment. Buy stablecoins first slowly before switching to the desired altcoin, the goal is to raise capital first and wait for the right time to start holding. This method is very useful for adding assets to anticipate unexpected needs in the future
And without a doubt that is a very successful strategy, but that is a strategy that is only popular with investors that have been part of this market for a very long time, the newbies which want to become part of this market see a strategy like that as one that will take a very long time to produce positive results and also as a boring strategy, I know that something like that does not really make a lot of sense because at the end what matters is whether you obtain profits or not, but newbies waste their time thinking about a lot of things which have nothing to do with the money they earn or they lose.
Cash hasn’t been king for the longest time but it looks like it might finally change.
Right now you can get over 5% interest just by holding money in your bank account. Why risk it trading when you can get guaranteed money this way.
did we also calculate all cost that will cut our money, i see alot hidden cost which is bank wasnt transparantly tell us. With interest around 5% ,maybe we only receive less of that. Right now you can get over 5% interest just by holding money in your bank account. Why risk it trading when you can get guaranteed money this way.
accumulating cash around this economic crises always necessity, I think if you're having so much cash in your arsenal you could easily choose to invests in some investment instruments that is highly discounted in terms of value, therefore this economic crises could instead become good chance for you in generating wealth. otherwise if you are still holding your investments in general it just gonna lose value.
Actually, many people realize that they have to sell during a bull market and then buy during a bear market, but unfortunately only a few people are able to control themselves to stay calm when dealing with a bull market because they think that during a bull market they can always get profit so they keep making purchases and hope the purchased coins will go higher no matter how high the price has been pumped up.
Ideally, we must stay calm both in a bear market and in a bull market. We shouldn't be pessimistic in a bear market, and avoid being too optimistic during a bull market. We must decide everything based on a deep analysis and be realistic to determine entry-exit (buying-selling) of our crypto assets. Some people sometimes target a too high price for selling, which makes them fail to take profits. They realize that they must sell their coins when the prices already drop much after rising several times. Others keep buying during the bull market and think the price can continue to increase. Sadly, those people buying on ATH price, they just realize it when the price of the coin constantly drops or freefalls. So, not only being calm, we also need to be smart. Choose the right time to buy, don't buy based on a feeling! We must buy coins based on research or deep analysis.The point of this thread is simple and general, namely buy when it goes down and sell when it goes up so don't let everything reverse. Due to the current phenomenon, novice traders and investors rarely do research beforehand. They go into certain coins after the hype rises to the surface. Then the pope threw it away and the beginners who thought it would be profitable turned into big losses. DCA in this case needs to be emphasized, always consistent in dropping money in crypto.
I can understand the "when is low? when is high?" mindset, because there are a lot of people who are willing to buy when it is low, but not sure if we are at the bottom already or will it go down even more? Like for example if you check the 40k price saw a lot of people buying during that time, they were wrong and it dropped more, and people are afraid if they buy around 20k and it drops to 10k they would be losing money too.That's understandable. Or when it goes up, if you bought at 10k and sold at 35k that was a good increase, but it went to 60k+ how could you know that? Which is the difference and the problem, and I can definitely understand that.
Of course we cannot expect much with cash, if we keep it in banks, we only get an interest of around 8% and are still affected by other costs so that no more than 5%, it is time for humans to think of productive, namely investment and cryptocurrencies can be the best solution.
Cash hasn’t been king for the longest time but it looks like it might finally change.
Right now you can get over 5% interest just by holding money in your bank account. Why risk it trading when you can get guaranteed money this way.
Right now you can get over 5% interest just by holding money in your bank account. Why risk it trading when you can get guaranteed money this way.
Actually, many people realize that they have to sell during a bull market and then buy during a bear market, but unfortunately only a few people are able to control themselves to stay calm when dealing with a bull market because they think that during a bull market they can always get profit so they keep making purchases and hope the purchased coins will go higher no matter how high the price has been pumped up.
Yes... tranquility is the main key for the success of our trades. Because prices are unstable, we also feel anxious and want to immediately make sales or purchases. So it's not the profit that we get, but the loss that we get
Actually, many people realize that they have to sell during a bull market and then buy during a bear market, but unfortunately only a few people are able to control themselves to stay calm when dealing with a bull market because they think that during a bull market they can always get profit so they keep making purchases and hope the purchased coins will go higher no matter how high the price has been pumped up.
It takes a great deal of wisdom and patience to be effective in this space. You need wisdom to make the right decision and patience to wait until it materializes.
The importance of taking profits when the market is bullish cannot be overemphasized. We are quick to forget that the bull market is only for a while and would be followed by a longer duration of bear market where buying would be more beneficial.
The importance of taking profits when the market is bullish cannot be overemphasized. We are quick to forget that the bull market is only for a while and would be followed by a longer duration of bear market where buying would be more beneficial.
Holding cash during a bear market is a must in order to be able to shop freely at big discounts, I try to set aside a monthly salary for investment. Buy stablecoins first slowly before switching to the desired altcoin, the goal is to raise capital first and wait for the right time to start holding. This method is very useful for adding assets to anticipate unexpected needs in the future
And without a doubt that is a very successful strategy, but that is a strategy that is only popular with investors that have been part of this market for a very long time, the newbies which want to become part of this market see a strategy like that as one that will take a very long time to produce positive results and also as a boring strategy, I know that something like that does not really make a lot of sense because at the end what matters is whether you obtain profits or not, but newbies waste their time thinking about a lot of things which have nothing to do with the money they earn or they lose. 
During bull runs, the crowd buys everything, because it's a hype, and people don't think about the fact that it won't last forever, but that it will one day end and it will be the opposite, because the market will start to sell off and prices will fall. Most investors don't have the spare cash to make purchases when the market gives them the opportunity. They buy with all the money they have available and then sit back and lose, because they can't diversify. When the need for money arises, they start selling something at a big loss. All this behavior is not characteristic of real investing and resembles simple and trivial short-term speculation.
Most people understood the concept of selling at the top, they sell and some people make other investments, or they could end up selling and spending on things they don't know. One of the main reasons why I hated the "lambo" mindset, you shouldn't buy a lambo, you should buy a car that is decent enough to take you from one place to another, durable, and spends very little on gas (electric if possible bu they are quite expensive so only buy if you don't plan on getting a new one for 5+ years) and put the rest in investments.
However as it is proven by the market, not many people understand buy when it is cheap, 20k shouldn't have taken this long, people should have bought it in bulk when it reaches this price, so that the price would go up, but for some reason they are not, and there are still some people who sell, thats a bit of a problem.
However as it is proven by the market, not many people understand buy when it is cheap, 20k shouldn't have taken this long, people should have bought it in bulk when it reaches this price, so that the price would go up, but for some reason they are not, and there are still some people who sell, thats a bit of a problem.
Holding cash during a bear market is a must in order to be able to shop freely at big discounts, I try to set aside a monthly salary for investment. Buy stablecoins first slowly before switching to the desired altcoin, the goal is to raise capital first and wait for the right time to start holding. This method is very useful for adding assets to anticipate unexpected needs in the future
The crypto has become the worst holding during the bearish market and cash is a very good holding during the bearish market. I guess if you do know this. It's caused by having cash make you can buy at the bottom with low price. ..
A sharp drop in the value of a coin also happens in a bull market and this can be caused by various factors, including negative news. As a rule, after such a news dump, the coin price quickly recovers, which brings a good profit. So you should always have free money to redeem such a fall in time.
Saving or holding fiat is still a good idea but we shouldn't disregard buying and holding crypto no matter what the market situation is. The bearish season wouldn't be worst for holders if we're holding a well-established coin.
The crypto has become the worst holding during the bearish market and cash is a very good holding during the bearish market. I guess if you do know this. It's caused by having cash make you can buy at the bottom with low price. ..
A sharp drop in the value of a coin also happens in a bull market and this can be caused by various factors, including negative news. As a rule, after such a news dump, the coin price quickly recovers, which brings a good profit. So you should always have free money to redeem such a fall in time.
If Hold Cash will not be affected by the market conditions, good opportunities at this time
At these times, we can just admit that cash is king. Economies that have been down turning is the best time to start using those cash because of the market's situation. Some may not be able to spend it because they don't think it's the best time.But when you're an investor and tries to look at certain areas to invest with, you'll see how it's good to have some cash ready for those expenditures. I don't have enough cash and just living nowadays through paychecks which is hard based on the situation of the economy.
because the market is bearish so that investment in Altcoins immediately then we can increase and get a big profit.
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