Topic: Share your opinion on the market. - page 2. (Read 1271 times)

Indeed, the aim of trading is to make a profit, but you have to understand the price chart patterns in the market, where the price movement is going. If you can't analyze it and just rush to buy when you see prices going down, you will be trapped in a bad market and you will lose. It is very important to carry out detailed analysis before trading because the market can move in any direction very quickly.

Borrowing money to use as investment (specially in bitcoin/crypto investment) is something very wrong to do , imagine that you will be needing to pay that borrowed money in specific time while the price of crypto is unpredictable?

what if the price of bitcoin fails to have a huge increase for years? what would you do to pay that borrowed money?
I think that is a double risk to do , borrowing money from super volatile market investing.

Honestly, my prediction is that BTC and Altcoin will go down in October and November because I see it based on past data.
but what happened was that the market went up, many said this was a fake bull and the like, even the CAPO said that, he was very confident in his prediction, well at that time I entered short because I took data based on previous data, not just because of the capo's prediction. .
but the market said differently and I was liquidated at 32k$.
Very sad, but I'm confused about what causes the market to not match the history that has happened before.

I think, financial advice can help you to go a long way in your crypto investment, if you can follow the directions like this bearish season that is making long investors to hold their coins just because a massive bullish market is coming that will make them to achieve a good income in the future. But if you don't have the money to invest in many coins, you can make Bitcoin your choice and it will bring you a good profits when the price increase higher in the market. There is a hope for
a little bullish season to appear before the end of this year because the market price look like what will reach $45,000 before the end of December.

Holding in 36-37k USD is for me one that makes sense now , there are many chances that market will cross moving but it doesn't mean we are not seeing Bull market this year ender .
actually I am not particular in seeing graphs nor patterns but what I do believe is the market will act depending on how we also act on it, how could we expect increase when we are not buying?
lets do our part and lets make this market great again from the recent ATH.

I am not a professional or trading expert in the cryptocurrency world, but if you look at the graph, it looks like the potential for Bitcoin price increases is still continuing. Moreover, recently market conditions have improved and the price of bitcoin has returned to above $30k where the price of bitcoin is currently trading in the range of $36k-$37k.

That has definitely had an impact and bitcoin has experienced quite a significant price pump in the last two days. This shows the speed of my predictions at the end of the month and this rare moment provides good momentum before Bitcoin corrects again going forward. For people who set short-term investments, maybe a price of $34k-$35k will already make a profit if sold and also depends on what position they buy. I also don't know whether the price pumping that occurred in the last two days was caused by the SEC because it didn't follow the latest news regarding developing issues because it was caused by my busy work schedule.

The support level was exceeded and the prediction went far from my analysis, however this indicates a positive level for future market movements and although it may be corrected again to below the previous support price. That is why it is difficult to make accurate predictions with high levels of volatility and there are always certain moments that can lead to Bitcoin pumping and correcting.

I would not advise anyone to lend money unless they need it urgently, but to lend money and buy Bitcoin it is something that everyone should know if they can pay it on time or not, but it would be a very interesting risk, because it can be paid in one Maybe if bitcoin goes up, the rest if it goes down, then I don't recommend it, because obviously things can be more difficult to pay, so these things are what have to be seen, but if I would do it, buying bitcoin now is buying to our good life in the future, right now it is what should be bought, there is no doubt about it, when it rises more than 100 thousand USD things will manifest themselves again as regret for those who did not buy out of fear.

There are times when you need to hear good advice, especially advice that is useful for your investments, but of course you don't need to force yourself to believe it as financial advice. As an investor, you must have a goal for your investment, financial planning, risk management and also develop a strategy. Other people are never responsible for your investments and your life, so just do what you want to do as long as you truly understand the benefits and consequences.

I don't expect everyone to believe and only invest in btcoin, I don't care but bitcoin is one of the investment instruments that has performed well so far. The potential profits from this investment very makes sense, in fact many of us believe the price will reach a new ATH after the halving.

Regarding the Bitcoin ETF, any decision from the SEC will undeniably impact the price. If there's a delay in the SEC's decision announcement, there's a likelihood that BTC will remain in the $28k-$30k range. We all know that the SEC often requests extensions to announce their decisions, and this significantly affects market demand. Investors' confidence was bolstered when the SEC lost in its battle against Grayscale Investments in court. So, there really isn't any other reason to hold back the progress of BTC. Sooner or later, Bitcoin must experience a bullish trend.

As of now, I still perceive a positive market sentiment. The deadline set by the SEC for the Grayscale decision will likely be announced before January 10. There's still time to keep BTC prices from breaking the support level.

I still have the confidence that for the next few weeks Bitcoin will be in the current price range. We have also been bitcoin in the previous month where prices continue to rise and slowly corrected. There are no signs yet that the price could exceed $31K by the close of this month even though the market has shown an increase in prices compared to before. I would like to see this month close at $30k and if that happens there is a possibility that next month it might hit $31K

Fundamentally there may be no strong analysis that can provide references about prices, however my assumption is related to some cases that occur, regarding negative and positive news about Bitcoin. So let's see how at the end of this month Bitcoin shows the price and I hope $ 30k is the right price for closing this month.

No need to pay attention to those who don't like you or don't like the way you invest and trade in the cryptocurrency that you have trusted. Because everyone has their own way and reasons for trusting the market and the conditions of the cryptocurrency they like, because when Bitcoin starts to improve its price and grow again in the market, it is an opportunity for those who have believed in Bitcoin to enjoy the results. Meanwhile, those who do not believe in the market potential and Bitcoin will continue to be wise spectators and will not gain anything.

we have all our own way to understand and invest in this market , others don't believe in intuition while some did like me .
and also the problem here is that those who are looking at the chart and graph believes that they already believe about the coming growth but ending?they also lost in their investments.
I will leave to you about decisioning because that is your money and your concern.

Intuition and instinct is somewhat could really be felt up everytime we are really that in verge on making up some decisions. Even if you do see others analysis turns out to be that viable or something that convincing but there are moments which your emotion and your mind telling you or those deeper voices that you shouldnt really must be following this one.You've been aware on how this market moves
and there's no such thing about a perfect trader on which you could really be able to tell yourself that you are really that following on someone who does have a better trading results or outcome.
Nothing beats out if you are really just that reliant with your own trading analysis or approach towards the market rather than on looking forward on others analysis.

Going back into the topic about my opinion about the market? It would really be just everything will really be that anticipation of major movement neither on pre-halving or post-halving period but most
of the time we would really be seeing major or big movements on the time that the halving period happens and several months later on then we might be seeing on the  things that we've been
longing to see which is that bull run period. For now its not bad to make some accumulation but due to unpredicatability then it would really be that hard to guess on where it would be going
on which it is a casual stuff as always.

Give o take it should happen around that March-April, and so the effect of the halving might be felt at the second quarter of that year. And that is good though, we are not in a hurry to make the bull run. And it will take several months to settle everything down. So it's a slow process in early, but once we got that momentum going we will be end for another massive run in 2024-2025. And the speculation is that we will hit 6 digits in our next all time high.


It's very unfortunate, that we will experience this so called black swan events. In a bear market, there will also be events related to crypto that will really affect the market no matter what. But it seems that it's over now, I mean this year we are almost at the end of 2024 and so far no events like this will likely occur. We will see at the end of this year, hopefully we can stand and see the price at least reaching $30k, and then we are all going to be excited entering 2024.

First of all, the halving event is expected to occur in April, 2024, and that isn't actually the start of the year. And, the market has been down since 2021 because Bitcoin and the whole market move in a cycle, and after the cycle restarted in 2021 when Bitcoin hit its all-time high, it is yet to reach the end of the other cycle which is expected between 2024 and 2025 when the market will rise once again and then the cycle will end again and we will surely see another decline after that.

Unfortunate events such as the crashes like LUNA and FTX affected the movement of the market, for sure, but when that happened, we were already in the bear market those things made it go even deeper than expected, however, it has recovered pretty well from that and all we are waiting for is the beginning of the bull run of this cycle.

and that is the reason why I never come to believe what others said instead i try to have my own analyzation and of course using my instinct to know what my position is.

No matter if it is long term or short term prediction, it's not advisable to use 2h time frame to identify the overall market structure. We should always go for weekly or monthly time frame, this way would help us to avoid trading blindly. Sometimes, if we just look at the lower tf right away e.g. 2h tf and then you saw that the trend is downtrend because it's creating lower lows and lower highs, but in the htf e.g. weekly tf it's just a pull back, meaning the chance of winning the trade is not high because you're trading against trade.

Everyone is desperate to see how it will look like in the next halving but they seem to forget that the movement of Bitcoin price is like a puzzle that needs to be fixed or solved, which no one can so the expectations will always be there.
This thing about what happened years back might be what some are holding on to, the past record to judge how the flow of Bitcoin price will be like this year or even next year, with that some have already given up on this year's movement which is not going up but down. I believe with time all these sluggish movement would only be a positive step into hitting $30-35k before the end of this year.

I feel like the current situation should be considered a bit differently and I believe that we are not going to see it move too quickly anytime too soon, its going to change a lot and we are going to end up with something that will be a bit slower. My personal opinion is that 2024 will not be the year we break over ATH at all, we are going to break that in 2025, which means that we should not be expecting too much movement anytime soon. People are acting as if in a year we will be huge, but remember 2020 ,it wasn' the year that prices went up, but it was the year halving happened, which means that it was 2021 that we broke over the ATH nad got a new one, so 2025 should be the one. We need to calm down about it without a doubt, if we can do that and wait then we could profit.