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Topic: What goes up must come down - page 11. (Read 2834 times)

hero member
Activity: 1918
Merit: 564
May 01, 2021, 11:18:50 AM
#88
If you are keen on observing the market, you will notice a cycle.  A cycle where an altcoin will have a price surge very fast then followed by price fall and moving sideway before it surge again.  So it is not surprising or new to the traders that whenever a cryptocurrency goes up, it will definitely make a correction and it is healthy because it gives way for new investor to join the market.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
May 01, 2021, 11:04:22 AM
#87
No market will increase in value forever, so we need to learn how to take profits and manage risks in trading. The DOW theory holds in many markets and the same is true for cryptocurrencies. The Cryptocurrencies market has been steadily rising for the past year or so and they will likely continue to rise in the near term. After the bull run is over there will be a long-term bear market. That is the same as how the crypto market happened in 2018 and 2019.
hero member
Activity: 1426
Merit: 506
April 30, 2021, 06:28:35 PM
#86
The problem for the investor is that no one knows when the price of the coin will reach high and, accordingly, when it should be sold. This happens with those coins whose price has already exceeded ATH and the maximum growth is no longer limited, in the event of a continuation of the bull market.
If you look at the market all the coins have crossed their all time high valuation and if you are an investor wanting to invest you need to take the risk of the market going down. Since i am in this market for a long time and i have seen multiple corrections i would say is that once the market moves above the scope you never thought possible, wait for the market to consolidate and we will see a correction but the extend is impossible to predict because it is a new market and things are different every year.
hero member
Activity: 3010
Merit: 666
April 30, 2021, 06:21:15 PM
#85
If we are able to believe that, it simply means that we are allowing the market to turn back down. But I don't think about it and that was not the case I've seen this time. We'd rather have to step out from being negative and think that the market will crash soon badly. Although it can be possible, however, the chances are not big to desperately think about it. What could be the best thing to do is to get prepared for anything will happen in the coming days if it is either the pump or dump.
member
Activity: 536
Merit: 15
April 30, 2021, 05:02:27 PM
#84
I would assume what you mean by "what goes up would come down" is that the price would retrace down. Retracement is very necessary in any market or asset class, as the price cannot keep going up non stop.  The retracement would correct the market and give wise investors a chance to buy more of the asset. But bitcoin is overall Bullish irrespective of the price correction.
copper member
Activity: 966
Merit: 5
April 30, 2021, 04:42:50 PM
#83
In as much as I agree with you, but I must say that so far, the market has surprised a lot of people even making most analyst looks as if they don't know what they are analyzing. Most people never imagined the market will grow to such extent but take a look at everything, most coins hitting ATH and so on. Therefore, I think in as much as we are being careful and not to be carried away the market can still go on to surprise everyone. Another angle is, many institutional investors are now involved which is quite different from the past market era, and with more coming into play means more growth will be witnessed. I might be mistaken but I think there are more holders now who believes in crypto more than ever coupled with the endless promotions and adverts thus attracting more people.
sr. member
Activity: 543
Merit: 250
April 30, 2021, 04:26:59 PM
#82
What goes up can stagnate or come down but not to where it came from. How about that sentence? We also won't go back to 3,000 and even them some people said what goes up must come down. Maybe we come down a little bit, but the tendency is what really is important.
Some people do expect a decrease when they don't have time to buy at a low price, but those who have bought always expect a sharp increase so they can get profits in the near future, but in fact there is always a decline for tokens that have reached ATH.

You talk tautological stuff, but who cares. If Bitcoin becomes a world currency reserve it might in fact never really come down even if it is at its new all time high and even if it reaches further all time highs.
copper member
Activity: 1190
Merit: 3
April 30, 2021, 03:46:29 PM
#81
This is the basic ABC rule of any market. The correct and bear are obvious after a huge uptrend. The patterns must show both uptrend and downtrends. I see the downtrends can be opportunities to invest. However, we should not be greedy and book some handsome profits. And that's the thing many investors are doing at the moment.
hero member
Activity: 2562
Merit: 586
April 30, 2021, 03:23:28 PM
#80
There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared
I don’t think anyone is investing for them to be losing their money, so these institutions are for sure going to take their profit when it’s time. It’s just like TESLA taking 10% and a lot of people were burning with anger and pointing fingers lol.

They are forgetting that the only reason TESLA invested in Bitcoin is for them to make profit, so what’s makes them think that these big companies are not going to sell when they see that prices are beginning to go down?

According Musk the reason they sold the little they sold was for them to test the liquidity of bitcoin.
hero member
Activity: 2030
Merit: 402
April 30, 2021, 11:15:05 AM
#79
There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

Of course, many of those people have taken their huge profit but maybe not all of their money on the crypto which they invested into. Because if you don't think of taking the profits in any circumstances, then what's the meaning of HODLing, right?  Grin
full member
Activity: 1358
Merit: 100
April 30, 2021, 11:08:45 AM
#78
Yes it is, it feels like 2017 era the market was bullish even the shitcoins went pumped unexpectedly and I agree what goes up must come down because the market is not always green all the time, the investors can sell all their cryptos anytime they want because they already gained profit so be prepared guys.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 30, 2021, 10:43:59 AM
#77
Some people do expect a decrease when they don't have time to buy at a low price, but those who have bought always expect a sharp increase so they can get profits in the near future, but in fact there is always a decline for tokens that have reached ATH.

The problem for the investor is that no one knows when the price of the coin will reach high and, accordingly, when it should be sold. This happens with those coins whose price has already exceeded ATH and the maximum growth is no longer limited, in the event of a continuation of the bull market.
legendary
Activity: 2282
Merit: 1023
April 29, 2021, 06:42:12 PM
#76
We are here to support crypto/Bitcoin, not by dragging them to fall. Investors will keep investing as they believe that "what goes up must be down" is not true.
I like your enthusiasm about supporting the cryptocurrency market, yes that was the general consensus a long time ago about supporting the market but it has out grown everyone and now it is all about profit, you will book your profit when you reach your target and so does everyone in the market. So you cannot blame anyone really and that is exactly how an open market functions  Wink.
sr. member
Activity: 2828
Merit: 344
win lambo...
April 29, 2021, 06:29:15 PM
#75
Just MAYBE, I don't give weight that very much because it is not what really happens in the market. As the adoption continues, the market will also change and we are seeing that prices are relatively growing higher. If we think about that we drop again and expecting Bitcoin will reach to $5k or $4k, it seems to be impossible. Instead of thinking negatively, why not think positively?

We are here to support crypto/Bitcoin, not by dragging them to fall. Investors will keep investing as they believe that "what goes up must be down" is not true.
sr. member
Activity: 543
Merit: 250
April 29, 2021, 06:04:36 PM
#74
What goes up can stagnate or come down but not to where it came from. How about that sentence? We also won't go back to 3,000 and even them some people said what goes up must come down. Maybe we come down a little bit, but the tendency is what really is important.
full member
Activity: 532
Merit: 104
April 22, 2021, 10:50:35 AM
#73
Cash flow is pouring into the market through investment funds along with the acceptance of payment services such as Paypal, Visa, banks ... so to divest they need to push the market up to a solid level. . The cryptocurrency market is new and potential when comparing capitalization with other markets so we need to confidently confirm that Bitcoin will reach over $ 100,000 by the end of this year or next year. Altcoins will have strong growth similar to those of 2017 and 2018.
full member
Activity: 1022
Merit: 100
Meta4uStake.io
April 22, 2021, 09:10:58 AM
#72
~
Same as what I've think. As we looked back how coins in crypto started,it shows up and down of its value which simply tells us that no need to worry about it because it is just a normal thing in crypto market most especially if the coins is just new and on its progress. The progress will always start from little to little until reaching success. Still both happenings can gain profit through selling or buying it. It depends on what you choose to do.
some people who have been trading and investing in crypto for a long time may be well aware of the situation of the crypto market. movement up and down is natural. but for those who just entered the bull market yesterday until recently. seeing such a strong correction will make some newbies who don't know how the crypto market works feel cheated.
As you say, what happens in the market is something that happens. prices go up and down, that's part of the reason for people who trade crypto.
legendary
Activity: 2884
Merit: 1117
April 22, 2021, 09:07:59 AM
#71
cryptocurrency especially Bitcoin will not increase significantly if there is no role and support from large institutions, although sometimes large institutions are able to damage market prices but on the other hand many are benefited, we can buy bitcoins when the dump occurs and wait for the game to return to be done by large investors to be able to raise the price again
No, I will not agree that bitcoin will not increase if there is no institutions are participating. Because, bitcoin got proven track of rising market after halving which will make people to cancel their sell orders and more people might have bought out of FOMO. It means bitcoin might be into bullish mode still even without help of institutions.

At the same time, I doubt without institutions, bitcoin might be trading below $30k levels by this time as we are still in April month but we had 3x growth from last cycle's ATH, big thanks to institutions.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
April 22, 2021, 09:03:55 AM
#70
There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

That's actually how cryptocurrency goes. It's part of the cycle and it already happened years ago. Huge companies and institutions who bought crypto would still take profits because that's their reason for investing so we should expect that there will always be corrections and dumps but I don't think it would really drop down just like what happened after the bull run last 2017.
Same as what I've think. As we looked back how coins in crypto started,it shows up and down of its value which simply tells us that no need to worry about it because it is just a normal thing in crypto market most especially if the coins is just new and on its progress. The progress will always start from little to little until reaching success. Still both happenings can gain profit through selling or buying it. It depends on what you choose to do.
hero member
Activity: 2814
Merit: 576
April 21, 2021, 05:48:23 PM
#69
There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

That's actually how cryptocurrency goes. It's part of the cycle and it already happened years ago. Huge companies and institutions who bought crypto would still take profits because that's their reason for investing so we should expect that there will always be corrections and dumps but I don't think it would really drop down just like what happened after the bull run last 2017.
Exactly my thought. There is always a dump season every now and then but since crypto particularly bitcoin is already backed up by more bigger institutions, the price won't really fall deep like it did before. And the more its price dump, the bigger chances its price will reach another heights once it will recover. I think based on what i see on crypto space, there is less worries today investing in crypto because crypto has slowly gaining adoption from big institutional investors.
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