UNDERSTANDING CRYPTO CYCLE - page 2.

traderethereum

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Quote from: Findingnemo on May 25, 2019, 04:24:42 AM

Looks so easy but the uncertain condition of crypto made the users into confused status about when to invest and when to cashout even if we knows the condition for almost a decade.

I remember when my friend told me in the first month, I try trading.
He said that if I want to buy any coins, make sure I can see the red in the price and then pick the number 3 or 5 down from the order buy and place my buy price in that place and don't just make one order buy only but spread into 3 order buy.
That will help me to reduce the average buy price to lower, so I don't have to afraid if somehow the price is down deeper because I already have the other buy order in a low price.
Don't try to place an order when the price changes into a green price if I am not sure on where the trend wants to go and only to wait for a while because the price will always get down for a small price and that will be the best time to place the order buy.

sheenshane

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I had also noticed this crypto cycle a few months ago when we are experienced near to bull run. The price goes down a little and after that, it will rapidly upward the price and after days it will fall down again just a little and going back to rise again.
This opportunity has been waiting for the traders so many time, only buy when we noticed that the market dip and sell if the price goes up.
That is the fact here and let's accept that how volatile crypto works.

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Quote from: Findingnemo on May 25, 2019, 04:24:42 AM

Looks so easy but the uncertain condition of crypto made the users into confused status about when to invest and when to cashout even if we knows the condition for almost a decade.

By "uncertain condition" you mean not being able to know when the "peak" is really a peak and when the "down" is really the lowest price, right?
It really makes thing a bit harder for those who are starting with cryptos but, just like everything, it needs a time and lots of study to be able to understand how cryptos cycle really work (if we can ever do such a thing lol)

Findingnemo

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Looks so easy but the uncertain condition of crypto made the users into confused status about when to invest and when to cashout even if we knows the condition for almost a decade.

xvids

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Quote from: Astvile on May 24, 2019, 09:45:04 PM

This is the thing newbies doesnt know.Most of us whos been trading cryptocurrency for almost a year or so already know this pattern the rise the down and the bottom.We cant just go pump and pump every month of the year.This is why bitcoins reputation in public is negative because people buy at peak lose money and then rant it on social media saying bitcoin is a scam and a trap.

I agree most of newbies expect only the rise of crypto they are blinded by their greed.
They doesn't want to accept the fact that it wouldn't always be a great day even in crypto.
We should always remember that there are always a negative side and we should always expect it don't just focus on the bright side it isn't always works that way.

exstasie

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When this cycle becomes too obvious, it will stop being reliable. That's the nature of markets, because investors are all operating off the same information. We might have another bubble or two in the pipeline that will mimic the past cycles, but my guess is we will drastically diverge from the logarithmic growth path in the coming years.

My money is on a vertical adoption / S-curve path, where growth will blow all past cycles out of the water.....8-figure valuations sooner than any of us thinks. As an alternative, we could enter a bearish supercycle and go back to double digits.

Rufsilf

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Quote from: Astvile on May 24, 2019, 09:45:04 PM

This is the thing newbies doesnt know.Most of us whos been trading cryptocurrency for almost a year or so already know this pattern the rise the down and the bottom.We cant just go pump and pump every month of the year.This is why bitcoins reputation in public is negative because people buy at peak lose money and then rant it on social media saying bitcoin is a scam and a trap.

I totally agree, they put the blame on cryptocurrency being crap when in fact they are the reason why they lost. This happens when a new trader didn’t do there research, they just randomly trade dependent on there luck without really knowing how trading cryptocurrency works. As a result they lost huge amount of money and to avoid criticisms from other people they put the blame on something else and in this case they put the blame on crypto.

Ailmand

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When I came back to crypto I only knew a little about it and how the market cycle goes. I went back investing to crypto last bull-market and I was really happy and thought that the market rise will never stop and there's no way for it to drop. As time goes by I looked back on the history of bitcoin price and understood the market cycle.

Astvile

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This is the thing newbies doesnt know.Most of us whos been trading cryptocurrency for almost a year or so already know this pattern the rise the down and the bottom.We cant just go pump and pump every month of the year.This is why bitcoins reputation in public is negative because people buy at peak lose money and then rant it on social media saying bitcoin is a scam and a trap.

goaldigger

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Some of you noticed this type of technique and most of that people who knows have the most calm and smart way of trading. As you can see on the diagram above, you will notice that bitcoin for example has a cycle which happens all the time like what happened last 2017 moon, 2018 drop and possible another 2019 moon. This technique are usually profitable for hodlers and traders.

This is how it works. If the value of the bitcoin for example has reached its peak, don't buy any of it. Wait until it goes down fully into its peak. After you noticed that it is already consecutively increase, its now time to buy. If you are not sure about whether its now time to buy or not, its normal. Remember that you always have a chance for another cycle.

Now, If you want to play safe, if the value decreases consecutively and become stagnant for a while, buy some. If it increases then sell it at once. Trading really requires time and decision making. If you know how to do it well depending on your technique then it will work well.

To summarize it all, Bitcoin always has its phases in a cycle so if you feel that you didn't ride on a rocket going to moon, don't feel hopeless because there's always another cycle to start. Its just a matter of time and patience.

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