The pattern that you share to my knowledge can work in a short time and it is not suitable for long term use. It is difficult to see buying or selling conditions using these patterns because one must have the ability to analyze the market and its level of accuracy. Almost no beginner is able to read such market direction and even someone who is not familiar with trading will find it difficult to understand patterns like this.
You need to wait for other formations to suit and the pattern seems too late for you to use now, as has been explained by many people, sometimes people think this trend will make the price go down and people will decide to sell. If the analytical skills we have are lacking, it is better to use another formation for now and adjust it with the appropriate pattern.
Topic: Time to buy or sell? - page 2. (Read 1340 times)
When the market is in a decrease, which means when the market is down and touches the support line, it is a good time to buy. On the other hand, when the market is going up and touches the resistance line, it is a good time to sell. However, this depends on whether you are investing solely to make money, and if you are, you should definitely sell and rebuy it whenever you believe it has reached its lowest point.Because I believe that bitcoin's price decrease is simply temporary and that it will soon return to far greater levels. Ten years ago was the optimum time to invest in bitcoin. The second best time is now. If your investments are going somewhere, you can always earn additional money. Bitcoin's prospects are infinite, with the currency anticipated to reach six digits in the next years. Simply holding would result in a big profit of 100%.Selling Bitcoin today is never a wise idea.
At the moment, considering the market, it is not clear what should be done right now. If you don't feel like a good time to buy right now then you can refrain from buying now but you should never sell your coins right now because something better is waiting for the coins in the future.
Selling as you've mentioned may mot be encouraged for now while buying is still not a bad decision we need to work on, to me i still considers this period as a season one can still buy and hodl since we are still on the dip, considering where we are right away from where we've been into since ever the all time high of $68,000 so we cab still much accept we are on dip while there's more anticipation for bull to begin sooner.
Selling now may cause you to miss out on those opportunities in the future.
Any potential bitcoiner should understand this especially when they are going on a long time bitcoin investment to hold for some time before selling, there lies the profitabilities and event like halving is the opener of this kind of experience to help have more opportunities.
At the moment, considering the market, it is not clear what should be done right now. If you don't feel like a good time to buy right now then you can refrain from buying now but you should never sell your coins right now because something better is waiting for the coins in the future. Selling now may cause you to miss out on those opportunities in the future. A lot of positive news has been heard about the market lately, in view of which at the moment it can be assumed that the market will go to a better condition than the current condition, so if there is a belief that the market will go up, then the risk of buying can definitely be taken.
The market is unpredictable and for the past month the market has not been stable in anyway so if anyone is interested in buying I think now is the best time since halving is closing in gradually and the season will actually have a very great impact on the market, and even with the instability of the market professionals are still making profit, in situation like this you have to be smart if not you keep liquidating, and once proper measures are taking it will help the risk of been liquidated, I have came to understand something about the market, seek knowledge before going into the system.
Although positive news is heard about the market at present, it is better to think about investing at this time. And if you have already invested in Bitcoin then hold on to it and don't sell at all right now. Because the market is in a position right now which has a chance to move to a better position in the future so you wait. If you sell your coins from the current position of the market, you might lose big. And if you keep your investment for a long time with faith then surely you can earn good profit from here. So think positive and if you can buy and hold more it will hopefully do you good in future.
At the monent, it's definitely time to buy!
It's bear market and hopefully crypto will go up as soon as leaves become yellow
Actually its not really a bearish season what happened is just a correction in which I know quite well that it will later accelerate, when looking at Bitcoin price this year its obvious that the price will rise again, but it's very encouraging that someone who is also into short investment can perfectly utililize this opportunity and purchase more of bitcoin and dump whenever Bitcoin price accelerate with 2x it will sell and make profit, I believe that so many have already done that and be waiting for bitcoin price, because I believe that bitcoin price any slide drop of its price people benefit from it and also people lose from it, its nice opportunity for people who have spare money to invest now in bitcoin and be targeting the next bullish market by end of this year 2023 and the beginning of 2024, so I know quite well that bitcoin will still surprised some investors who does not believe that soon we shall experience a bullish market, from my perspective bitcoin will have different volumes of increment by next year. It's bear market and hopefully crypto will go up as soon as leaves become yellow
On the time that you do see that the market rose up after you had bought then you would really be that having the impression that it would be having that continous RISE UP.
All off those bolded words are the most common impression of a newbie who had just recently step their foot into this market on which it would really be just that normal that they would really be having
that kind of impression or beliefs on the time that they would encounter it and not getting used to those movements on which this is really that pretty common this crypto space.
Time to buy or time to sell? Even veteran would really be having these type of questions along the way considering the market is unpredictable.Despite on having those tons of analysis
whether on technical or fundamental but still it wont really be making out an assurance that those directions would really be followed out.The main difference on here is that into those people who do
have sufficient experience and knowledge does know to handle up themselves on the time that they would be able to encounter it.
At the monent, it's definitely time to buy!
It's bear market and hopefully crypto will go up as soon as leaves become yellow
Actually its not really a bearish season what happened is just a correction in which I know quite well that it will later accelerate, when looking at Bitcoin price this year its obvious that the price will rise again, but it's very encouraging that someone who is also into short investment can perfectly utililize this opportunity and purchase more of bitcoin and dump whenever Bitcoin price accelerate with 2x it will sell and make profit, I believe that so many have already done that and be waiting for bitcoin price, because I believe that bitcoin price any slide drop of its price people benefit from it and also people lose from it, its nice opportunity for people who have spare money to invest now in bitcoin and be targeting the next bullish market by end of this year 2023 and the beginning of 2024, so I know quite well that bitcoin will still surprised some investors who does not believe that soon we shall experience a bullish market, from my perspective bitcoin will have different volumes of increment by next year. It's bear market and hopefully crypto will go up as soon as leaves become yellow
At the moment, considering the market, it is not clear what should be done right now. If you don't feel like a good time to buy right now then you can refrain from buying now but you should never sell your coins right now because something better is waiting for the coins in the future. Selling now may cause you to miss out on those opportunities in the future. A lot of positive news has been heard about the market lately, in view of which at the moment it can be assumed that the market will go to a better condition than the current condition, so if there is a belief that the market will go up, then the risk of buying can definitely be taken.
If you are optimistic about the long-term future of bitcoin, then you should know what to do in the current market conditions. Bitcoin is still between -57% of its previous ATH, which means it is still worth accumulating. The price of bitcoin will be more expensive in the coming years, so don't let this opportunity go without accumulating even if you could consider DCA.
The halving will generate more interest in the demand for bitcoins, meaning the price will go higher than it is now. Of course there are doubts among non-experienced traders especially those who are new, but experienced traders or investors seem to have put their feet in the ship.
After long time Bitcoin and others cryptocurrency price increasing we are seeing. After 2021 cryptocurrency market gradually decreasing. But we are seeing now bitcoin and others cryptocurrency price increasing. Many cryptocurrency expert are telling bull session started. So i think anyone can start buy bitcoin or another cryptocurrency.
No i Couldn't tell about sell any currency right now. Because now bitcoin price increasing. Now trade is risky in bull market. My opinion now time to buy bitcoin or other crypto.
No i Couldn't tell about sell any currency right now. Because now bitcoin price increasing. Now trade is risky in bull market. My opinion now time to buy bitcoin or other crypto.
At the moment, considering the market, it is not clear what should be done right now. If you don't feel like a good time to buy right now then you can refrain from buying now but you should never sell your coins right now because something better is waiting for the coins in the future. Selling now may cause you to miss out on those opportunities in the future. A lot of positive news has been heard about the market lately, in view of which at the moment it can be assumed that the market will go to a better condition than the current condition, so if there is a belief that the market will go up, then the risk of buying can definitely be taken.
Hello,
I found following Crypto chart patterns:
https://i.postimg.cc/Mpn0KRfY/Crypto-Chart-Patterns.jpg
According to the following image, is it the Pennant?
https://i.postimg.cc/zBS4wzYb/FET-1.png
Thank you.
I found following Crypto chart patterns:
https://i.postimg.cc/Mpn0KRfY/Crypto-Chart-Patterns.jpg
According to the following image, is it the Pennant?
https://i.postimg.cc/zBS4wzYb/FET-1.png
Thank you.
well all these patterns do work i won't doubt but the market now is different to what we normally expect especially the crypto market, another thing am noticing recently is people are moving more to the forex market, but which ever market that you master so well i believe you can make some sustainable money from it.
If you want to invest long term, you should invest long term in bitcoin and some good alt coins now. Because Bitcoin has a good potential opportunity in after days. Because many Bitcoin experts are anticipating a big bull market, which could also be the next ATH. If you can hold it until 2025, you can expect great things. Which can also become the biggest success of your life.
The market is not able to say what should be done at this moment. The market can go in any direction from the level that the market is now. If you observe the one-hour candles, you will see that one candle is fully green and one candle is fully red. That is, the market is moving within certain values. But everyone thinks the market may hit a good target in 2023 so I think you should buy some more coins if you can afford it instead of selling the coins you have now.
This is a very personal decision, in particular I would not sell btc for anything in the world unless I have an emergency , but the main thing here is to know the basics and that the last ath of btc was close to $70k, the next It could be double or I still think it could be over $200k,it's something that is within normal parameters.We cannot clearly predict what will happen, however this is my perception, if someone asks me if I want to sell btc, I would tell them to hold , hodl ,I would rather tell them to buy btc so that they can accumulate more wealth in the near future .
If you are not an expert in investing then you risk losing money. If you want to start trading then first of all you need to understand market analysis it is very necessary. And if you take the advice of successful investors you can earn profit in trading. And if you want to invest then definitely invest in Bitcoin. Investing in Bitcoin will give you a good profit in your money sometime. But if you invest for a long time then you will get a good profit from it in the future.
Chart patterns are bs in most cases. Especially when you find them on public websites and not yourself.
Price action is where its at, at least that works for me.
If I didn't currently have capital, I would farm airdrops like crazy - ZkSync and Scroll.
Price action is where its at, at least that works for me.
If I didn't currently have capital, I would farm airdrops like crazy - ZkSync and Scroll.
Forget about the bottom mate as we are done already. In fact, the price was rising which is an indication that we are on the way to bullish which will happen soonest. Indeed, if you are going to invest then do it now as there is no reason why we skip the current opportunity if we are looking for a profit. As long as we are investing the right coins, we have nothing to worry about but rather have peace in mind knowing that the market and these coins that we are buying won't disappoint us if we hold.
No matter what anyone says, bitcoin continues to grow, and although now the price is not as good as it was a few months ago, I still continue to buy for now. Yes, I can feel the price difference between when I bought at 16k-20k and when I buy now, but I also know that it's still a good investment, even at the current price.
I know that many people say that we can turn around and reach a new bottom, but so far I see a completely different picture, bitcoin is growing and this makes me happy.
Forget about the bottom mate as we are done already. In fact, the price was rising which is an indication that we are on the way to bullish which will happen soonest. Indeed, if you are going to invest then do it now as there is no reason why we skip the current opportunity if we are looking for a profit. As long as we are investing the right coins, we have nothing to worry about but rather have peace in mind knowing that the market and these coins that we are buying won't disappoint us if we hold.
No matter what anyone says, bitcoin continues to grow, and although now the price is not as good as it was a few months ago, I still continue to buy for now. Yes, I can feel the price difference between when I bought at 16k-20k and when I buy now, but I also know that it's still a good investment, even at the current price.
I know that many people say that we can turn around and reach a new bottom, but so far I see a completely different picture, bitcoin is growing and this makes me happy.
I think it's a Flag pattern, the chart looks bullish and need to know the direction of the candles for 30 minutes to a few hours, if you look at the chart pictures you shared, it looks good because in a few months the price is moving up.
when bitcoin increased its price to area 28. i stopped for a moment in accumulating bitcoins. but right now the bitcoin price is back down to the 27 area and i think this is good enough for me to start accumulating again. and by the way, when bitcoin went up quickly it turned out that the altcoins didn't react the same way to follow the increase in bitcoin, which means that the altcoin season hasn't had time to happen. or when the altcoin season is about to start, it turns out that the price of bitcoin goes back down and makes the altcoin go down again and doesn't start the altcoin season.
I think we are still at the bottom and it is now the best time to buy in preparation of the next bull market that bitcoin may go up above 60k$, bull market is about yo begin so buy and sell when the market rise above your limit. Cz of binance said that if we cannot hold we cant be rich so buy and hold.
Forget about the bottom mate as we are done already. In fact, the price was rising which is an indication that we are on the way to bullish which will happen soonest. Indeed, if you are going to invest then do it now as there is no reason why we skip the current opportunity if we are looking for a profit. As long as we are investing the right coins, we have nothing to worry about but rather have peace in mind knowing that the market and these coins that we are buying won't disappoint us if we hold. Actually the price did not yet decrease, the current price of the bitcoin is still in the new resistance area at $28,000. Right now, it is not yet clear if the price will resist or it will breakout in this current resistance. There is a high probability that it will breakout but there is also a chance that the price may resist so anything can still happen in this type of market. We should always think in probabilities and different scenarios so we can have plan and we know what to do if that scenarios come to us.
For those who are asking if it is time to sell or to buy, ask yourself if what kind of strategy you are currently using right now. Remember that there are 3 forces in the market, 1st the one who see the price as cheap, 2nd is the one who see the price are expensive, and lastly the one who are still deciding if the price is expensive or cheap. If you are doing long term investment, I suggest that it is good to buy in the retracement area, for short time you can do intraday and look for strategies there.
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