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Topic: To all pro traders (Read 527 times)

sr. member
Activity: 1701
Merit: 308
November 03, 2021, 01:32:21 AM
#70
For this year I see a little different from 2017, when the price of bitcoin increased then all altcoins will follow the flow of bitcoin, but for this year the price of bitcoin is already at the highest value but altcoins have not moved in the slightest and only a few days there is a slight increase of course this feels different, and for those of you who want to invest in altcoins now you can choose because massive pumd will occur for most potential altcoins, Use this opportunity as best you can.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 03, 2021, 12:16:00 AM
#69
But there are altcoins that are no less good if chosen for the long term such as Ethereum and Binance Coin. I think these two types of altcoins are good if used as a long-term choice.
The top five apart from the forked coins on coingecko or so can be considered to be given some importance in the portfolio of the average crypto trader. So I would agree that these two can make a mark and you should own them. I bought ethereum at 350$ and look how much the profit is today. I am not selling right now, but hoping I could stock up more in future if prices comes back down.

Today this seems to be profitable, however tomorrow might be uncertain for a specific altcoin. When I bought this stash of ethereum I was in it for a mid-term selling goal but I was not able to and it did me good anyway.

If I draw a similar conclusion for DOGE, I had thousands of DOGE at one time. I sold them all at the Musk-induced hype and made a good profit - using which I bought bitcoin when Musk stated making bad statements about bitcoin - this was good move from my side, I bought bitcoin at lower using that doge and sold Bitcoin back on 60k USD recently.

So this has been risky moves but ultimately paid off. However I do not recommend moving to the coins being launched new or based on recent game events and so - these will burn you out.
hero member
Activity: 1540
Merit: 772
October 31, 2021, 03:51:05 AM
#68
2017 was a very good year when compared to the following years especially 2021. In 2017 Bitcoin and Altcoins moved together but in 2021 we can see for ourselves what happens when Bitcoin moves, there are Altcoins that do not follow Bitcoin movements.
~snip
Altcoins will never be as good as bitcoin in the long run take care when trading on those, you are likely to get burnt out more often than you can sustain.
If you're saying that no matter how good an altcoin is, it won't be as good as Bitcoin in the long run, then I agree. But there are altcoins that are no less good if chosen for the long term such as Ethereum and Binance Coin. I think these two types of altcoins are good if used as a long-term choice.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 30, 2021, 02:27:17 AM
#67
2017 was a very good year when compared to the following years especially 2021. In 2017 Bitcoin and Altcoins moved together but in 2021 we can see for ourselves what happens when Bitcoin moves, there are Altcoins that do not follow Bitcoin movements.
I think every year is good if you know how to profit from it.

One of the methods is to buy low when the market is crashing - this might seen simple and told over and over. But assume that you mean 2018 to be bad means that the market was bearish. If you bought at that time and been holding on to them till today in the Q4 of 2021 - you will be making a profit.

Dont name a year as good or bad - that is the easy but wrong approach. See where you stand, how much you bought or sold and what your current holdings are. Altcoins will never be as good as bitcoin in the long run take care when trading on those, you are likely to get burnt out more often than you can sustain.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 27, 2021, 03:45:00 PM
#66
Hi experts in the house, is it true that present crypto market moves is like 2017 4th quarter? Is it true that there will be another massive bull run mostly on altcoins? I sucks at reading charts so I don't know how true is this

If we look at the market conditions during the bull run, then this bull run exceeded the 4th quarter of 2017. However, the current bull run looks more stable. Bitcoin price moves slowly, only ±3% price change in 24 hours.
Which is completely natural, the price is so high that now the amount of money needed to move it has grown exponentially so the volatility will go down simply for this reason alone.

However I think there are also some other reasons why what we are seeing is different than the previous bull run, back then people were very excited about the possibility of worldwide adoption becoming a reality, however we were very far away from it, and while we are also far away of such thing happening at the moment, things have moved along towards that direction at an incredibly speed, now we have institutional investors in the market and even a country has declared bitcoin as legal tender, so it makes sense that the volatility is lower now.
hero member
Activity: 1540
Merit: 772
October 26, 2021, 02:54:06 AM
#65
2017 was a very good year when compared to the following years especially 2021. In 2017 Bitcoin and Altcoins moved together but in 2021 we can see for ourselves what happens when Bitcoin moves, there are Altcoins that do not follow Bitcoin movements.
Only in the second half of this year Altcoins did not move in tandem with Bitcoin, but at the beginning of this year everything moved with Bitcoin including meme coins like Dogecoin as well so almost 80% of Altcoins and coins got their new ATH in the first Quarter of the year and this is already showing the difference which is very far from 2017 mate.
Even though at the beginning of 2021 Altcoins moved together with Bitcoin and almost 80% of Altcoins got new ATH, but there is still a very big difference when compared to the crypto market conditions in 2017 with the crypto market conditions this year and it is proven by several ups and downs in coin prices.
sr. member
Activity: 1694
Merit: 299
October 25, 2021, 03:02:32 PM
#64
there is no guarantee that the current market will be the same as the market at a certain time, if you really want to be safe then we can choose altcoins that are at the top. if we are going to equate market conditions, of course we must have a strong basis, such as news that can encourage market movements, or technical analysis that can be used as a reference to open transactions
I met with a person who got a loan during 2017 peak period, he did it quickly from his mobile app so it wasn't really that difficult to get it, it wasn't 20k when he got the loan, so he did actually profited a bit. It was either 14k or 16k and I am not sure. He bought bitcoin and then even altcoins and we all know how awesome altcoins was for a while in early 2018 as well. So, he made a great profit and kept on paying his loan monthly without any problem at all.

What happened later was the bear run and the crash of the crypto and that really resulted with him losing nearly everything he has, so he failed to pay the loan eventually and not even selling every coin he holds was enough, which is why he had to pay it by selling his car. Do not imagine this awesome period right now will be the same as the situation 6 months later or a year later.
full member
Activity: 630
Merit: 102
October 25, 2021, 11:31:07 AM
#63
Weak trading of Altcoins on several major exchanges, makes everyone think about trading about price conditions that are difficult to predict and often many people are trapped by the trade, it is even very difficult for us to deny, the difference in 2017 where many prices on several exchanges were so very stable, even the prices on the exchanges are not too messy, the increasing number of new tokens makes the growth of Cryptocurrency very bad from the last four years, we can see at this time on several exchanges..
full member
Activity: 936
Merit: 100
October 25, 2021, 10:13:31 AM
#62
Hi experts in the house, is it true that present crypto market moves is like 2017 4th quarter? Is it true that there will be another massive bull run mostly on altcoins? I sucks at reading charts so I don't know how true is this
it is stronger than 2017. the 2017 hype only lasted a few months and after this it stopped, but this 2021 hype started at the beginning of 2021 until the end of this year very good and stable conditions compared to 2017. besides that I think the market is also experiencing an increase in trading volume and also new altcoins are added. for a big increase I think it will still happen in December 2021, we can see the market conditions in the next few months
full member
Activity: 1260
Merit: 100
SOL.BIOKRIPT.COM
October 25, 2021, 10:07:19 AM
#61
there is hope and opportunity for the value of crypto at this time,, judging from the movement in the market it may be very true that it will return to a very high value,because of the factor of people starting to be at saturation point in looking for real work, and will start in virtual media ,, starting from the opportunity.to increase the price of bitcoin or other crypto..
sr. member
Activity: 1302
Merit: 270
Vave.com - Crypto Casino
October 25, 2021, 05:53:20 AM
#60
I think the current market movement will not be the same as in 2017 so don't be too provoked to see a high Alt movement because if you are provoked to see a high movement then you will get a very big risk, in my opinion if you want to buy more Alt either take the right moment to buy it would be better. This is just my opinion and I am not an expert in analyzing market movements.
full member
Activity: 812
Merit: 102
$CYBERCASH METAVERSE
October 25, 2021, 04:06:20 AM
#59
2017 was a very good year when compared to the following years especially 2021. In 2017 Bitcoin and Altcoins moved together but in 2021 we can see for ourselves what happens when Bitcoin moves, there are Altcoins that do not follow Bitcoin movements.
Only in the second half of this year Altcoins did not move in tandem with Bitcoin, but at the beginning of this year everything moved with Bitcoin including meme coins like Dogecoin as well so almost 80% of Altcoins and coins got their new ATH in the first Quarter of the year and this is already showing the difference which is very far from 2017 mate.
hero member
Activity: 1512
Merit: 874
October 25, 2021, 03:35:37 AM
#58
Hi experts in the house, is it true that present crypto market moves is like 2017 4th quarter? Is it true that there will be another massive bull run mostly on altcoins? I sucks at reading charts so I don't know how true is this
I'm not a pro. If we remember how the crypto market in 2017 was very good and maybe 2017 was the best year if we compare it to 2021. In 2017 almost all altcoins moved well and it was very easy for us in terms of setting a rhythm in trading. In 2021, almost everyone can't set a trading pattern.
member
Activity: 327
Merit: 12
October 25, 2021, 12:46:39 AM
#57
although many people say that this is the same as 2017 and a 4 year cycle occurs but I think it is a little different because the market so far is not easy to predict and feels more dynamic compared to 2017.
but whatever it is everything will definitely come back as you say.
when bitcoin rises drastically altcoins will surely follow even if it takes time.
apart from that we can only wait and speculate on this.
hero member
Activity: 1540
Merit: 772
October 25, 2021, 12:33:41 AM
#56
2017 was a very good year when compared to the following years especially 2021. In 2017 Bitcoin and Altcoins moved together but in 2021 we can see for ourselves what happens when Bitcoin moves, there are Altcoins that do not follow Bitcoin movements.
legendary
Activity: 2254
Merit: 1377
Fully Regulated Crypto Casino
October 24, 2021, 10:58:34 PM
#55
Hi experts in the house, is it true that present crypto market moves is like 2017 4th quarter? Is it true that there will be another massive bull run mostly on altcoins? I sucks at reading charts so I don't know how true is this

That's most likely speculation. It isnt impossible but we don't know until we see it. Market moves on its own accord and we can see many factor for it not to happen or bound to occur in time.

Some say it could go wild at the end of the year but remember the 2018 and 2019 end of year. Both are not that good right? So we can't say how turn of events will unfold but of course everybody is definitely waiting for a great run.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
October 24, 2021, 10:35:16 PM
#54
Hi experts in the house, is it true that present crypto market moves is like 2017 4th quarter? Is it true that there will be another massive bull run mostly on altcoins? I sucks at reading charts so I don't know how true is this
I'm not really an expert on this subject, but what happened in Q4 2017, with now is a very different matter. Currently, the adoption of bitcoin is very much, moreover there are so many new regulations that support the development of bitcoin. So, I feel that the current price is much stronger than in 2017. It is also proven that this year, the bitcoin price has crossed its ATH 2x.

in the case of altcoins, we still don't know whether there will be a massive increase or not. however, various predictions and speculations argue that, it is possible that altcoin prices will tend to increase massively, but the time is still undetermined. it can happen at any time. it is also sometimes supported by rising bitcoin prices. you can see in the previous altcoin increases, most starting from the pump price of bitcoin.
full member
Activity: 680
Merit: 103
October 24, 2021, 10:18:59 PM
#53
Hi experts in the house, is it true that present crypto market moves is like 2017 4th quarter? Is it true that there will be another massive bull run mostly on altcoins? I sucks at reading charts so I don't know how true is this

Judging from my experience it doesn't look like 2017. I remember that that year was a year of bullish altcoins. It was a massive hype of ICOs and shitcoins. Now I see how Bitcoin is pumping, it is even more bullish and active than some altcoins. I connect this pump with massive adoption of Bitcoin and a lot of good news about it. Bitcoin is accepted in more and more cases, so it is just a good time for Bitcoin rather than for altcoins.
member
Activity: 411
Merit: 10
October 24, 2021, 06:48:57 AM
#52
Hi experts in the house, is it true that present crypto market moves is like 2017 4th quarter? Is it true that there will be another massive bull run mostly on altcoins? I sucks at reading charts so I don't know how true is this
I'm also not a pro trader but most of us just compare the two and they have similar patterns so it's pretty good to assume that the moves might be the same but of course no one is sure of that because the markets and coins are the same. very volatile but what we are seeing now is they are printing the same pattern but it is unconfirmed.
member
Activity: 199
Merit: 59
October 24, 2021, 06:08:00 AM
#51
Hi experts in the house, is it true that present crypto market moves is like 2017 4th quarter? Is it true that there will be another massive bull run mostly on altcoins? I sucks at reading charts so I don't know how true is this
No, it's not the same but it looks like it, this bull market is stronger than we have all seen in the past, more original that's why it lives up to this point, I believe this bulls will last longer than the 2017 cycle, the current market is showing that things are getting more serious around crypto.
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