The bull market is back? BTC is 57k - page 6.

CryptocurencyKing

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Quote from: Olatunjex on May 01, 2021, 07:47:11 AM

BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

BTW, I have got $129k in this bull market, can I make more?

I've been hearing people make reference to the bullrun of 2017 and the goodies it brought which a lot of persons presumably missed and I'm sure quite a few more people missed this one. Well, I wasn't really into crypto at that time so, I can't say but then selling just because the market seems to be falling isn't always the best idea. Its always going to rise at some point, we all know that so, why not just hold for a few more days, weeks or months.

Experience has thought me that, mainly hodlers are the once that make the most of the market activities. Reason being that, they aren't scared to loose and as such, when its time for the risk to pay off, they benefit more as well.

On the other hand, can we exactly say the bullrun has started? Its just a few days of activities yet and again @OP, $129k seems like a lot of profit, you did great.

Fortify

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Quote from: Olatunjex on May 01, 2021, 07:47:11 AM

BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

Now my friend recommended me the Shield DAO, an upcoming ICO star project, and most of the KOLs I follow are recommending it.

Can I return to the market and invest in it. If you, how do you choose?

BTW, I have got $129k in this bull market, can I make more?

-snip-

It's not necessarily a mistake because at least you have crystallized your gains, well done if you really did make $129k. Now would be a good opportunity to take a chunk of that and diversify some into the stock market - lower gains, but usually a lot less volatile. Stick some into index funds that track the markets and you instantly have less risk in your investment portfolio (unless you have other ideas for that money in the next 5 years). Chasing whatever "KOLs" are saying is a dangerous game as most of the time they act like sheep and live in an echo chamber - one of them says something and it is less work to copy that opinion than come up with proper ideas. Unless you can identify a good reason that "Shield DAO" will have a reason to grow big, don't just follow what others are saying is good.

Alanaz

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should you make this discussion in a new discussion again because I am confused to comment on both directly

for btc you seem to be in a hurry because if you look at it now bitcoin is starting to come back it will be like before you are in too much of a hurry in selling your assets.
but profit $ 129 thousand I think it's very fantastic I'm very curious with the initial capital you put out earlier

but congratulations on your gains I am also happy and do not be arrogant over your achievements now because it can make you fall.

maydna

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Quote from: Olatunjex on May 01, 2021, 07:47:11 AM

Can I return to the market and invest in it. If you, how do you choose?

BTW, I have got $129k in this bull market, can I make more?

Yes, you can return to the market because it is not too late to buy bitcoin or other coins, but you should analyze to see the chance to buy low and sell high. If you just buy bitcoin and hold it, it will be recommended because bitcoin can increase anytime. If you check on how bitcoin price moves, you will see that you can buy low and sell high and profit.

You have a lot of money at the start. I am sure you can buy 2.5 btc at the current price, and you can use only 0.5 btc to trade and make a profit. Or you can hold all of that bitcoin in your wallet. And you can only wait for the price to reach more than $100k or your target price.

ninkdwi

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Quote from: Olatunjex on May 01, 2021, 07:47:11 AM

Can I return to the market and invest in it. If you, how do you choose?

why not, while you have a chance to enter when the correction occurs then don't waste the opportunity. all can enter and exit based on market movements that have seen a return above $ 50K. All you need to do is, don't repeat the early sale while the Bitcoin market has become more aggressive.

CryptoWarriorsssss

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BTC Indeed

Welcome back, ， Mate ！

its the future

Gozie51

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You don't need to be over happy about a new project. Most new projects are like that, they are just the same. They have good idea and technology on white paper but in reality, the market pressure don't allow them to have their way. There are different products and very good ones and no need to go look for new projects. Which projects can be abandoned for bitcoin? Is the question?

ipanks

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I still choose bitcoin than investing in the new project but I will try to invest in some old project because they already have history to analyze the project from time to time. It is hard to find a new project because almost all new projects seem similar, making us confuse to select the project. If you want to invest in that project, you should research to find if that project is good and can survive and compete with the other coins or not.

pinggoki

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The bull market isn't back because the market is still like a bull even though there is a huge dump last few weeks but still I am seeing that as part of the market correction and in the first place, the bitcoin is still in a bull because the price or value of it did not dump for almost $30,000 so it is still high af. For those who sell their bitcoin because they lose hope and they thought that the bitcoin will dump so hard, it's okay because you guys are just playing safe your assets.

OcTradism

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Quote from: Olatunjex on May 01, 2021, 07:47:11 AM

BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

If you feel unsafe, do it is right choice. Selling early help you to protect your capital and your profit. Selling too late can cause big losses of your profit or even your capital.

Quote

Now my friend recommended me the Shield DAO, an upcoming ICO star project, and most of the KOLs I follow are recommending it.

The market is moving and many old projects are good for you to invest. I don't step in shoes of people who want to gamble with new projects. With new projects, you can get much profit but you can lose your capital very quickly.

Quote

BTW, I have got $129k in this bull market, can I make more?

$129k. Impressive profit but how much your initial capital is? Do you take your capital back as savings? If you already take your original capital from your account balance, you can use that $129k to re-invest. Re invest if you can afford any loss from that $129k.

If you have yet taken your original capital, do it ASAP. When you get profits, your minds can be not fresh and you will more easily to lose money.

Coin_trader

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Quote from: Olatunjex on May 01, 2021, 07:47:11 AM

BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

Now my friend recommended me the Shield DAO, an upcoming ICO star project, and most of the KOLs I follow are recommending it.

Can I return to the market and invest in it. If you, how do you choose?

BTW, I have got $129k in this bull market, can I make more?

You should move this thread on altcoin discussion since your main topic is not about Bitcoin but rather the DAO project you are asking to check.

Most of the Altcoin already pump double digit in terms of percentage and there still some coin that are at the beginning of breaking out. Entering market right is still good unless the price of Bitcoin is at a major resistance or at ATH.

Olatunjex

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BTC seems to terun to 60k again,

I made a big mistake of selling all cryptocurrencies at 50k last week.

Now my friend recommended me the Shield DAO, an upcoming ICO star project, and most of the KOLs I follow are recommending it.

Can I return to the market and invest in it. If you, how do you choose?

BTW, I have got $129k in this bull market, can I make more?

Topic: The bull market is back? BTC is 57k - page 6. (Read 945 times)