@mikeywith:
what do you think about masterluc's projection laid out here: https://bitcointalksearch.org/topic/m.51025897
you think momentum is strong enough for $15k from here? that's nearly another doubling. so you think we'll break right through $10k---another significant pivot high in 2018?
were you around during the late 2015 rally? i'm beginning to sense that same sentiment from back then, when we were gliding through the $400s. nobody expected $500 to be the stopping point of that rally.
Topic: Taking profits but don't be afraid! - page 3. (Read 1077 times)
I wake up this morning and when I tried to refresh my wallet, I findout that bitcoin has lose over $700 from it high of yesterday! Immediately, "this thought come into my mind, don't be afraid, it is taking profits time", new confident come into my mind and I developed another hope that bitcoin is far strong now, better and menture now than in 2017. I will like to encourage us to keep holding and buying more at this time as bitcoin is on the way to the moon! Though, "this is not a recommendations for you to make investments decision"!
Your so positive even though you hava little lose to your investment still you encourage the people that this thing is normal and we don't need so panic but still buy more because bull run still is starting. Dump/dropped is normal in crypto market we all know that. So I think being being positive is give more confidence. We don't need to stress ourselves because we loose a little bit profit, we can get a good profit again because new ATH will be coming. and still being optimistic and have a positive view inside their investment, think for the betterment of your assets and keep moving forward.
My charts show a strong bullish uptrend.
We all look at the same chart, but from different perspective.
The 8.5k was the last high we made a year ago (july 2018) for this trend to be bullish it has to close above it , make a new high and not close below it, for all we know this could play out as a double top and head back down to make a new lower low. it is unlikely but the possibility is still there, i am not sure how are you viewing this as a confirmed change of market direction, but i would like to see a TA from you.
Here this chart is bearish short term I think. The blue line is 2 day average which we have consistently failed to break away from, showing a capped range.
Then the yellow line is the 8 day average price which has been some support but failed, possibly the 2 day showing it would fail to hold this eventually.
Were on the downside again looking at the chart BTC really fails to hold on the support level, and maybe we will see another bear but hopefully not. Yes, don’t be afraid to take profit its your chance to get a profit so don’t lose it. No one can say that the market can recover after this.Then the yellow line is the 8 day average price which has been some support but failed, possibly the 2 day showing it would fail to hold this eventually.
I wake up this morning and when I tried to refresh my wallet, I findout that bitcoin has lose over $700 from it high of yesterday! Immediately, "this thought come into my mind, don't be afraid, it is taking profits time", new confident come into my mind and I developed another hope that bitcoin is far strong now, better and menture now than in 2017. I will like to encourage us to keep holding and buying more at this time as bitcoin is on the way to the moon! Though, "this is not a recommendations for you to make investments decision"!
Your so positive even though you hava little lose to your investment still you encourage the people that this thing is normal and we don't need so panic but still buy more because bull run still is starting. Dump/dropped is normal in crypto market we all know that. So I think being being positive is give more confidence. We don't need to stress ourselves because we loose a little bit profit, we can get a good profit again because new ATH will be coming. 
I wake up this morning and when I tried to refresh my wallet, I findout that bitcoin has lose over $700 from it high of yesterday! Immediately, "this thought come into my mind, don't be afraid, it is taking profits time", new confident come into my mind and I developed another hope that bitcoin is far strong now, better and menture now than in 2017. I will like to encourage us to keep holding and buying more at this time as bitcoin is on the way to the moon! Though, "this is not a recommendations for you to make investments decision"!
Your so positive even though you hava little lose to your investment still you encourage the people that this thing is normal and we don't need so panic but still buy more because bull run still is starting. Dump/dropped is normal in crypto market we all know that. So I think being being positive is give more confidence. We don't need to stress ourselves because we loose a little bit profit, we can get a good profit again because new ATH will be coming. 
Here this chart is bearish short term I think. The blue line is 2 day average which we have consistently failed to break away from, showing a capped range.
Then the yellow line is the 8 day average price which has been some support but failed, possibly the 2 day showing it would fail to hold this eventually.
Were on the downside again looking at the chart BTC really fails to hold on the support level, and maybe we will see another bear but hopefully not. Yes, don’t be afraid to take profit its your chance to get a profit so don’t lose it. No one can say that the market can recover after this. Then the yellow line is the 8 day average price which has been some support but failed, possibly the 2 day showing it would fail to hold this eventually.
Looks like attempts to break up from this range have failed so far and a further breakdown from this range could be on the books, though it seems we've bounced a bit from around $7500 on Bitstamp and the fall's stopped for the moment. Hard to tell what's going to happen next at the moment, though I would say there's a chance we could eventually return back to $8K and perhaps break through again as well. Added a bit to my own long in the $7600s, will see how this plays out.
Here this chart is bearish short term I think. The blue line is 2 day average which we have consistently failed to break away from, showing a capped range.
Then the yellow line is the 8 day average price which has been some support but failed, possibly the 2 day showing it would fail to hold this eventually.
Then the yellow line is the 8 day average price which has been some support but failed, possibly the 2 day showing it would fail to hold this eventually.
1. I don't need to, the quote is fine like that
Quoting a 10 lines long post is stupid and annoying , i am trying to teach you on how to improve your posting style , if you refuse to learn, you will always remain a newbie, it is up to you
Quote
2. Which time frames have you checked exactly?
For a market to be called "bull" it must make both higher highs and higher lows, the 8.5k high must be closed above , retested and not closing below, at this point btc is making higher lows and lower highs, it is more or less in a side ways market now, just because it rallied over 100% it does not mean it is officially in a bull market.
Again, which timeframe are you talking about? The daily chart has been higher highs and lows for over 1 month. The past 12 weeks all closed with a higher low and most with a higher high as well. I don't know at what chart you are looking at but it's not the same as mine. My charts show a strong bullish uptrend.
The better the market conditions and holding will be a way to get a bigger profit, with crypto being volatile then the possibility of a decline will be there but also likely to rise again.
1. I don't need to, the quote is fine like that
Quoting a 10 lines long post is stupid and annoying , i am trying to teach you on how to improve your posting style , if you refuse to learn, you will always remain a newbie, it is up to you
Quote
2. Which time frames have you checked exactly?
For a market to be called "bull" it must make both higher highs and higher lows, the 8.5k high must be closed above , retested and not closing below, at this point btc is making higher lows and lower highs, it is more or less in a side ways market now, just because it rallied over 100% it does not mean it is officially in a bull market.
@Whaleagent
1- learn how use the forum, qouting a whole post like that is annoying.
2- go open the charts
1- learn how use the forum, qouting a whole post like that is annoying.
2- go open the charts
1. I don't need to, the quote is fine like that
2. Which time frames have you checked exactly? Bitcoin is in an uptrend on the daily chart, weekly chart and yearly chart. The monthly chart is almost there too, agan, by what standards are you calling it an ''overall'' bearish market?
Also the volume is much higher now than ever.
To continue to buy Bitcoin now is only for those investors who have real long-term plans and are willing to wait at least another half a year, or even more. For those who want to get short-term profit in a short time it is better to wait - maybe they will. the opportunity to buy bitcoin is much cheaper in a couple of months.
A good advice but not good for risk taker and you should know that only the risk taker make better life in future. speculators and fearful mind has warn us in early 2017, when the last strong bullish trend we witnessed happen that bitcoin is not going to grow above $1000 and it is going to dump back to somewhere around $300 but the opposite really happened and those that has the mind of buying then and hold till end of that year really make profits that up till now they are still enjoying the great wealth they have made. Likewise, if you can take the risk of buying now and by the end of this year bitcoin grow to somewhere around $50,000 you will be in a good profits. I wake up this morning and when I tried to refresh my wallet, I findout that bitcoin has lose over $700 from it high of yesterday! Immediately, "this thought come into my mind, don't be afraid, it is taking profits time", new confident come into my mind and I developed another hope that bitcoin is far strong now, better and menture now than in 2017. I will like to encourage us to keep holding and buying more at this time as bitcoin is on the way to the moon! Though, "this is not a recommendations for you to make investments decision"!
Like that disclaimer. Because we're here only to speculate and not forced or suggest someone to make an investment. It is depend on each person's research and analysis by themself. Bitcoin maybe still on correction and it might be recover again.
I have made my decision to be a long term holder, and no matter the dip or increase I see now, it won’t really move me to taking any action until the bull run gets to its peak which should be the time we will see this new ATH.
I wake up this morning and when I tried to refresh my wallet, I findout that bitcoin has lose over $700 from it high of yesterday! Immediately, "this thought come into my mind, don't be afraid, it is taking profits time", new confident come into my mind and I developed another hope that bitcoin is far strong now, better and menture now than in 2017. I will like to encourage us to keep holding and buying more at this time as bitcoin is on the way to the moon! Though, "this is not a recommendations for you to make investments decision"!
No need to panic now and we are at better stage compared to the lowest bottom based on that we have good profits even at the current price as well.DOn't be too greedy and also don't be a hit and run trader just aim for the long and high profits.Right. Though I cashed out some before the huge dump, I still have a bitcoin balance in my wallet. Keep hodling is the best way and the safest move right now. We can get back what we lose and will still recover from this stage. This is crypto world anyway, we may be lose but will still gain some profits when we patiently hold.
To continue to buy Bitcoin now is only for those investors who have real long-term plans and are willing to wait at least another half a year, or even more. For those who want to get short-term profit in a short time it is better to wait - maybe they will. the opportunity to buy bitcoin is much cheaper in a couple of months.
You don't take profits by selling Bitcoin. You are taking your profits by buying Bitcoin.
Every dip is a chance to take profits by selling your dollars or other fiat currencies. Every time you invest your bitcoins by using them to buy dollars, you are risking them.
That of course is assuming any intelligent person would rather hold Bitcoin than mere fiat currencies.
Since some of make use fait currency as compared to crypto currency I believe my own interpretation of one taking profit will be contrary to your submission above.Every dip is a chance to take profits by selling your dollars or other fiat currencies. Every time you invest your bitcoins by using them to buy dollars, you are risking them.
That of course is assuming any intelligent person would rather hold Bitcoin than mere fiat currencies.
Take for example, if I earn 0.03btc from participating in a signature campaign or bounty campaign and is equivalent of let say $300 and I hold for two weeks, and the dollar of the said Bitcoin increase to $400 and sell the $100 on top have I to take profit? Although, the quantity of my Bitcoin has reduced but still the same dollar value of $300.
I will like to encourage us to keep holding and buying more at this time as bitcoin is on the way to the moon! Though, "this is not a recommendations for you to make investments decision"!
If this is not a recommendation for one to make an investment decision then why do you have to make recommendation for people to keep holding if you are sure if what you are advising people. 
I wake up this morning and when I tried to refresh my wallet, I findout that bitcoin has lose over $700 from it high of yesterday! Immediately, "this thought come into my mind, don't be afraid, it is taking profits time", new confident come into my mind and I developed another hope that bitcoin is far strong now, better and menture now than in 2017. I will like to encourage us to keep holding and buying more at this time as bitcoin is on the way to the moon! Though, "this is not a recommendations for you to make investments decision"!
Take it easy because the increase and decrease will always occur, look at the price of bitcoin at this time, it proves the price is increasing so now in my opinion that the price movement of bitcoin is in a good phase and we must be able to use it. a small decline in prices will not be a problem because the opportunity for development towards a much higher price is still very open. bitcoin is the future so don't ever hesitate to invest in bitcoin to give us a bright future !! Jump to: