What goes up must come down - page 2.

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Quote from: kevindjunaidi on July 11, 2021, 06:13:49 AM

Quote from: Wahyuihib on April 17, 2021, 11:43:14 AM

In fact, if we always follow the development of our own cryptocurrency, it is time for me to experience an increase today. because crypto currencies have started to get sympathy from the public, so the price itself will gradually increase

I agree with you, I think cryptocurrency are currently heading in a better direction than in previous years, because now many global companies have started collaborating or using platform from cryptocurrency, then of course this makes me not afraid to invest in cryptocurrency in the long term, therefore I am currently buying more and hold for the long term, because I believe the market will recover in the near future and when the market has recovered, then of course I will definitely get a big profit from investing in cryptocurrency at this time.

Well, in the long run yes, there's no doubt we are heading to a better future.

However, in the current situation, we can still say that the market is manipulated because from below $20k, BTC pumped to $60k and now we are back at $30k+ at a very short period of time only, it corrected hard because the price is overpriced and we don't know how long the bear market will last.

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Quote from: Wahyuihib on April 17, 2021, 11:43:14 AM

In fact, if we always follow the development of our own cryptocurrency, it is time for me to experience an increase today. because crypto currencies have started to get sympathy from the public, so the price itself will gradually increase

I agree with you, I think cryptocurrency are currently heading in a better direction than in previous years, because now many global companies have started collaborating or using platform from cryptocurrency, then of course this makes me not afraid to invest in cryptocurrency in the long term, therefore I am currently buying more and hold for the long term, because I believe the market will recover in the near future and when the market has recovered, then of course I will definitely get a big profit from investing in cryptocurrency at this time.

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Quote from: Gorosden on April 17, 2021, 10:53:52 AM

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 think we have not been able to position ourselves like the billionaire by buying a lot of BTC and then selling at a high price, this is not possible for me personally.
but we need to be optimistic and learn how billionaires work.
Today the desire to become a billionaire is very high for our goals, considering that the 2017/2018 era is back to life, where in those days we were like being awarded coins without having to work hard and the results were quite maximal.
and I will also forget about large institutions that invest large amounts of money in crypto, considering that I also want to focus on pursuing what they thought before becoming a billionaire and I will continue to cultivate this certainty.

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Quote from: Gorosden on April 17, 2021, 10:53:52 AM

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

What goes up must surely comes down is a certain and sure Truth about the movement of price in the financial markets. The market can not keep on going bullish without gaining momentum to go Bearish for a while then facing another direction for the next trend.

Looking at the cryptocurrency market since it beginning to this very time, we'll see that the market always retrace back to it original journey before continuing it initial trend. This help the market to remain uncertain, enticing more traders and investors to the market to compete in the market. The cryptocurrency market is full of come risks that everyone one that is into it must take necessary precaution to avoid potential loses.

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You're right. And in crypto world these high's and up's are bigger than usual stocks. You need to have some guts to stay in crypto world. Imo now is the best time to accumulate crypto before new bull run.

Yes and you need to take your money ready when you buy in. Current market condition approach you to buy in, so when the price is going down people are good to go. Emotional control is the hey of success, those who overcome emotional crybabies during the bear market get the success.

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Quote from: Tervelatuk on July 10, 2021, 07:05:26 PM

that's around 10% left if price goes down from 60k to 3k , and we hope its not happen again to us. Market will be very panic and everyone could sell their crypto assets except who still believe about crypto future. Market move very dinamic and all possibilities should calculated to prepare the worst scenario.

Back in 2014 and 2018, we had corrections amounting to more than 80% from the ATH levels. But it may not happen with the cryptocurrency market this time, because of two factors - 1. the entry of institutions in to the market in a big way. These investors can hold on to their investments for many years. 2. a lot of the users are already aware of the 4-year cycle and may think twice before they get rid of their coins during dips. The correction may still happen, but instead of the 80% we had in 2018, we may get 40% or 50% at the most.

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Quote from: mirakal on July 05, 2021, 05:10:37 PM

Quote from: panjay on July 05, 2021, 11:57:21 AM

I remember when bitcoin price goes high as 20k last 2017 and crashing as low as 3-4k I think.

That's true, I witnessed that situation too, and I panic a bit.
But because of that, I learned and understand that bitcoin will never die, it may look like it has collapsed but it will surely recover.

Quote from: panjay on July 05, 2021, 11:57:21 AM

Seeing it again a few months ago, bitcoin goes to 63k to what? sub 30k?

You know when the sentiment bad and the all price go down, seeing my portfolio took cut 60-70%..I strongly believe that too, Doge,shiba or any other alts that have high rally..will eventually go down in price,.

$30k is still a huge amount if we compare it to the last bull run, from $20k it dropped to $3k, so we might see a drop from $60k to $10k at least if the same trend will happen. It may look so low but we have to open all the possibilities as it's needed to make a good judgment regardless of the market situation.

that's around 10% left if price goes down from 60k to 3k , and we hope its not happen again to us. Market will be very panic and everyone could sell their crypto assets except who still believe about crypto future. Market move very dinamic and all possibilities should calculated to prepare the worst scenario.

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Quote from: bots1 on July 09, 2021, 04:24:24 PM

Quote from: Gorosden on April 17, 2021, 10:53:52 AM

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

Right. This year has the opportunity to make huge profits in the crypto space. Therefore, take advantage of the opportunity now to invest in crypto while the market is still a bull run because after an increase there will definitely be a correction. Never squander an opportunity.

We see the market condition differently, what I am seeing now is a correction and we are not anymore in the bull run. Bull run does not last for a long period and I guess the bull run that started last year was already over when the price dump below $30k. And though Bitcoin is still at $30k+ higher than its previous bull run, we cannot be 100% sure that it will rise as, during the correction period, markets are usually bearish.

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Quote from: Gorosden on April 17, 2021, 10:53:52 AM

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

Right. This year has the opportunity to make huge profits in the crypto space. Therefore, take advantage of the opportunity now to invest in crypto while the market is still a bull run because after an increase there will definitely be a correction. Never squander an opportunity.

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The ups and downs of the crypto market are common. The value of these cryptocurrencies will not always be at a high level, will not always rise, and there will always be times when they fall. Different people will profit at different times, so the market will definitely adjust differently.
For those who want to invest in Bitcoin and those who care about Bitcoin, don't feel emotional because of price fluctuations. We need to hold it until its price rises. Cheesy

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Quote from: panjay on July 05, 2021, 11:57:21 AM

I remember when bitcoin price goes high as 20k last 2017 and crashing as low as 3-4k I think.

Seeing it again a few months ago, bitcoin goes to 63k to what? sub 30k?

You know when the sentiment bad and the all price go down, seeing my portfolio took cut 60-70%..I strongly believe that too, Doge,shiba or any other alts that have high rally..will eventually go down in price,.

Most of the time on where altcoin would be pulled down as bitcoin had that negative or decreasing trend which its a normal or typical even though there are instances on where altcoins do go to the
opposite side when it comes to price value but in the end of the day they would just be dragged down when the bitcoin price decrease trend continue for long or moving sideways.
What comes up must come down really because that wont be called a market if it would just continue to rise up which is already considered manipulative thing you've been dealing with.
As a trader or investor then this should be a basic stuff that you must be aware.

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Quote from: panjay on July 05, 2021, 11:57:21 AM

I remember when bitcoin price goes high as 20k last 2017 and crashing as low as 3-4k I think.

That's true, I witnessed that situation too, and I panic a bit.
But because of that, I learned and understand that bitcoin will never die, it may look like it has collapsed but it will surely recover.

Quote from: panjay on July 05, 2021, 11:57:21 AM

Seeing it again a few months ago, bitcoin goes to 63k to what? sub 30k?

You know when the sentiment bad and the all price go down, seeing my portfolio took cut 60-70%..I strongly believe that too, Doge,shiba or any other alts that have high rally..will eventually go down in price,.

$30k is still a huge amount if we compare it to the last bull run, from $20k it dropped to $3k, so we might see a drop from $60k to $10k at least if the same trend will happen. It may look so low but we have to open all the possibilities as it's needed to make a good judgment regardless of the market situation.

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Quote from: Gorosden on April 17, 2021, 10:53:52 AM

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.

And you were right afterall, we were reliving the 2017/2018 era where everyone became carried away by insane gains and forget to take profit out of the market, it didn't take long for reality to set in and now everyone is wondering when we are going to get back to $64k, for people who have been around during the last bull run I'm sure most of them were expecting that dump and must have taken profit before things went sideways,the people who got affected more was mostly the new investors who got rekt because they were thinking the market only goes up, too bad now they are faced with losses in their wallet.

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For those people who bought btc at lower price i believe they already sold atleast 30-50% from their portofolio. I don't believe if there some people who can hold without taste any profit from their investment, atleast 10% from their holding journey.

Just because you do not believe something can happen it does not meant that it does not exist, we know of people that got their bitcoins during the first months of the existence of it and they are still holding those coins, in fact there are many coins that have been considered to be lost only for the coins to move years later, so we know this happens and it is going to continue to happen as those people are not interested in getting fiat for their bitcoin, what they want is to use bitcoin to buy whatever they want without converting to fiat.

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I remember when bitcoin price goes high as 20k last 2017 and crashing as low as 3-4k I think.

Seeing it again a few months ago, bitcoin goes to 63k to what? sub 30k?

You know when the sentiment bad and the all price go down, seeing my portfolio took cut 60-70%..I strongly believe that too, Doge,shiba or any other alts that have high rally..will eventually go down in price,.

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Quote from: imamusma on July 05, 2021, 09:39:09 AM

Yes, it is part of the strategy carried out by big investors because they rotate large amounts of money so it can be very easy to carry out such a strategy at any time they want, which of course is to get profits and secure the capital they have used.

It is usual that investors will really extract what they can with their capital and that is to make money out of it.

Such investors have been known to take only profits and they have no plans of losing and that's why they know how to do it. Buying at the dip and selling at the top. The rinse and repeat strategy.

But they handle it with discipline.

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Quote from: Gorosden on April 17, 2021, 10:53:52 AM

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

Its what investing is and its even happening in market stock, something that going up wildly tend to have a big pull back. Its better to stay on fudamental and think for long term in investing so you dont have to worry about the price so much.

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Quote from: criket on July 03, 2021, 09:02:17 AM

for those investors who are professionals of course know how they secure their money or even with the profits they get.
it is usually done by selling some to get their capital back and the rest is profit which they will gamble again in the long run.

Yes, it is part of the strategy carried out by big investors because they rotate large amounts of money so it can be very easy to carry out such a strategy at any time they want, which of course is to get profits and secure the capital they have used.

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Quote from: bitzizzix on July 04, 2021, 09:40:49 AM

~

Even if how many times you try to tell some people to not panic, they will still do it regardless. It is just that some people committed everything to crypto including their valuables.
I even recalled some people selling their land only to find out that they threw it all to crypto.
You can't stop people to letting their emotions from that.

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Quote from: Kiley33 on July 05, 2021, 05:03:23 AM

Relatively, there will be a rise and fall. This is normal. After all, the market is ups and downs. If Bitcoin becomes a legal currency in the future, its fluctuations should become very small. But for now, it is impossible to achieve no volatility.

Yes, but if the downturn lasts too long, then people will also be too saturated in the market because in such frequent downturns it is very difficult to make regular profits like in the past.

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