What goes up must come down - page 6.

bryant.coleman

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Quote from: enawati on June 15, 2021, 06:58:04 AM

Yes the big and long bearish season just like in 2018 can be happen again after bull season, and hard to predict when is coming. Just prepare for that situation because the market will never bullish all the times. Just take profit and withdraw in to fiat, and avoid all in crypto in this situation. But bull market also have high probability to start again, withdraw half balance in to fiat and another remaining hold in crypto for a few month, so we will not missing if bull market extend.

Even if such a bearish phase occurs, the long term holders don't have to worry much. Because the prices are going to recover eventually and in all probability a new ATH will be attained. The global adoption of Bitcoin is happening at a rate which was not even imagined before. A couple of years back, if I was telling someone that Bitcoin would become the legal tender of an independent UN member nation, then I would have got labelled as insane and mentally unsound. And yet it has happened. And who knows? We may be only a few years away from Bitcoin becoming a truly international currency, accepted across the globe.

Desmong

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This is the reason why early investment is the best but also have some risks attached to it. To be a millionaire or billionaire, there are some certain risks one has to take to break through the gate of success.

Those investing now in Bitcoin are later investors with high risks attached because there is high tendency of losing their money. The journey of Bitcoin has really gone far in which those whose invested in it few years ago has already benefited from it, becoming Millionaires and Billionaires just because they were able to see farther than those who complained of it being a scam with high probability of it crashing cause the government could not support it existence back then.

yazher

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Quote from: ?? on ??

and after taking profit I think they will start at the beginning again but at a higher point, because that's what I see every year, the price of btc and altcoins will continue to rise even though there will be increases and decreases every time but if you look at the price year by year continue to rise.

Of course, the price will recover and we will back to gain momentum again when we see the market taking some changes in the upcoming months. But before that, those companies that already spent lots of money on bitcoins and other altcoins need to take care of the other investors who until now have some doubt about investing in the crypto industry. because they are the main reason to make some changes in the market when their other partnership will invest as well.

enawati

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Yes the big and long bearish season just like in 2018 can be happen again after bull season, and hard to predict when is coming. Just prepare for that situation because the market will never bullish all the times. Just take profit and withdraw in to fiat, and avoid all in crypto in this situation. But bull market also have high probability to start again, withdraw half balance in to fiat and another remaining hold in crypto for a few month, so we will not missing if bull market extend.

Dexion

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There are ups and downs in the crypto market is a natural thing, even it can be a signal when it is the right time to enter or leave. One's experience while walking on the crypto market also affects one's success in making profits.

john1010

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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

You are correct, the ups and down of the market is a healthy gestures that most of the trader are appreciated, but of course some of the newbies, most of the are the victim of the sudden ups and down of the market.

South Park

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Quote from: iTradeChips on June 13, 2021, 04:27:21 PM

Well, I think those who bought in late 2017 when Bitcoin price was at 20,000 dollars must have already gotten some good profit when Bitcoin hit 60,000 dollars a few weeks back. Provided of course they have waited and did not sell their coins during the crash of 2017. Many who have bought Bitcoins when it was down at 3000 dollars had a perfect payday too. Now all we need to do is simply buy the dip. But El Salvador calling it a legal tender changed the game. Now the alts are also rallying upwards because of that development, because it boosted trust towards cryptocurrency in general. So invest now if you have money to invest and wait for a few years and you will be able to reap the benefits.

If those people that bought at 20k at the end of that bubble were smart they would have bought bitcoin during the period after the crash and lower the average price of their coins to the point they could have been in profits way sooner, but we know the truth, a great deal of the people that bought back then were just looking for fast profits and as soon as the price crashed they sold and the few that kept holding could not do so for years and accumulated huge losses as well.

Republikcoin.com

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Timing in and out is the key to getting the maximum amount of money.
Volatility is the art of the cryptocurrency market.
Not completely volatility makes cryptocurrencies bad. Even some people make volatility an advantage that can be exploited.

2double0

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Your future prediction since you made this thread was/is very accurate and I was also expecting a downturn for the markets because it was all going up only with so much buy volume increasing daily. When the time comes for profit taking, institutional investors or those who have made millions or billions start taking out their money by selling on small buyers (whose collective volume remains very low on the buyers' side if institutions stop buying it). It depends whether they go for small chunks to slowly damage the market or break it in a few moments.

casperBGD

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Quote from: Fredomago on June 14, 2021, 03:13:02 PM

~snip

at the other side, normally the market have bull and bear. More on how to place your investment in a timely manner.

yeah, economic activity is cyclical, and bull and bear market are usual in each economy cycle, with that said, bull and bear markets in crypto are bringing much more difference than in established economies, and that provide opportunity for great wins, but also could bring harsh loses, if you invest at wrong moments
it is not an advise, but investment during bear markets are proving much better, IMO

Fredomago

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Quote from: Tipstar on June 14, 2021, 01:55:13 PM

Every market when goes up fast, would come down. It's simple economics. But booking the profit alone would not lead the market to fall provided that there are enough new people and capital to invest. If you look at the stock prices around the world, they keep on making new highers and there are a few harsh bears but the price has quickly bounced over the last all time high. Similar are the graphs for crypto.

The very beauty of this market, there are more and more interested participants who learned to see the potentials of this industry, people who realize that there's really a good chance bag some decent profits coming from this market,

they are now exploring, some may suffer losing their money due to lack of proper understanding, when more dumped happened they've been force to sell out fearing that it will continue and burned everything.

at the other side, normally the market have bull and bear. More on how to place your investment in a timely manner.

jasonjm

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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

Agreed! That is how crypto market works. Every one needs to take profit and short/long term market correction is the best possible way to gain huge amount of profit in limited amount of time. Exactly this happened in last month when the BTC touched $30k limit.

$anounimus$

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Quote from: BitTraderCute on June 14, 2021, 01:23:28 AM

looks like in medium term we will see another dump and back to 20k which is be untapped support. but if news still maintain well and only good fundamental release , maybe we will see 50k le5vel. china. in current moment price goes up and down very fast and taking profit will be good decision to avoid big dump.

Yes, and from the current state of affairs, do you think we will see the 50K level in the near future or below? because I see the current market conditions have started to go green with a slightly higher percentage figure.

Tipstar

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Every market when goes up fast, would come down. It's simple economics. But booking the profit alone would not lead the market to fall provided that there are enough new people and capital to invest. If you look at the stock prices around the world, they keep on making new highers and there are a few harsh bears but the price has quickly bounced over the last all time high. Similar are the graphs for crypto.

BitTraderCute

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Quote from: awik p on June 14, 2021, 12:41:03 AM

Quote from: Xinarae* on June 14, 2021, 12:20:49 AM

Quote from: Rakeshten on June 13, 2021, 02:17:04 PM

Your point is right. Which coin goes up it have to come down one day, not full but there will be little dump. We are seeing example right now, full market went up and came down. So I think we shouldn't be worried about it, because it's Crypto everything is possible here in Crypto.

The crypto market usually goes up and down and the price of cryptocurrency goes down as it does not take time to go up. The market is not stable and investors make more profit on the basis of ups and downs the right time is to sell the currency if the price goes up.

For short-term traders, of course, the opportunity when the market goes up is used to sell it, especially when it makes a profit. because we also need to be vigilant in the event of a dump, because for me the current market conditions have not shown good behavior. Moreover, the news in China is not in favor of crypto

looks like in medium term we will see another dump and back to 20k which is be untapped support. but if news still maintain well and only good fundamental release , maybe we will see 50k le5vel. china. in current moment price goes up and down very fast and taking profit will be good decision to avoid big dump.

awik p

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Quote from: Xinarae* on June 14, 2021, 12:20:49 AM

Quote from: Rakeshten on June 13, 2021, 02:17:04 PM

Your point is right. Which coin goes up it have to come down one day, not full but there will be little dump. We are seeing example right now, full market went up and came down. So I think we shouldn't be worried about it, because it's Crypto everything is possible here in Crypto.

The crypto market usually goes up and down and the price of cryptocurrency goes down as it does not take time to go up. The market is not stable and investors make more profit on the basis of ups and downs the right time is to sell the currency if the price goes up.

For short-term traders, of course, the opportunity when the market goes up is used to sell it, especially when it makes a profit. because we also need to be vigilant in the event of a dump, because for me the current market conditions have not shown good behavior. Moreover, the news in China is not in favor of crypto

Sithara007

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Quote from: Bohdan820 on June 13, 2021, 10:17:53 AM

Most bitcoin billionaires are not trying to sell the cue ball now because they don't need a lot of money to live. They are trying to get more value from these bitcoins. What's the point of the dollar now when it is only depreciating?

Just wait for a few years and you will see the US Dollar in the same condition as the Venezuelan Bolivar is currently. By giving out the excuse of COVID 19 pandemic, the US administration has sanctioned printing of banknotes on a scale that is never seen before in recorded history. The so called "American Families Plan" alone calls for an additional spending of $6 trillion. Some of this amount will come from an increase in taxes. But I expect the economy to go broke as a result of this crazy increase in taxes and the only solution then is to print banknotes without any limit. Within the next 5-10 years, US Dollar will cease to be the reserve currency of the world, because of the rising inflation rate. Now I don't know whether Bitcoin will make use of this opportunity and replaces the USD, but in case it happens, then many of us will be millionaires.

Xinarae*

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Quote from: Rakeshten on June 13, 2021, 02:17:04 PM

Your point is right. Which coin goes up it have to come down one day, not full but there will be little dump. We are seeing example right now, full market went up and came down. So I think we shouldn't be worried about it, because it's Crypto everything is possible here in Crypto.

The crypto market usually goes up and down and the price of cryptocurrency goes down as it does not take time to go up. The market is not stable and investors make more profit on the basis of ups and downs the right time is to sell the currency if the price goes up.

ningrum

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Quote from: Bohdan820 on June 13, 2021, 10:17:53 AM

Most bitcoin billionaires are not trying to sell the cue ball now because they don't need a lot of money to live. They are trying to get more value from these bitcoins. What's the point of the dollar now when it is only depreciating?

what is the ratio mate?, of course the ratio of rich people who don't need money as you say is 1:10000,
and in my opinion whales do play an important role in the dump, but to kill the price of Bitcoin whales will never be possible,
so, no something to worry about with whales, be afraid of people in the crypto world.

iTradeChips

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Well, I think those who bought in late 2017 when Bitcoin price was at 20,000 dollars must have already gotten some good profit when Bitcoin hit 60,000 dollars a few weeks back. Provided of course they have waited and did not sell their coins during the crash of 2017. Many who have bought Bitcoins when it was down at 3000 dollars had a perfect payday too. Now all we need to do is simply buy the dip. But El Salvador calling it a legal tender changed the game. Now the alts are also rallying upwards because of that development, because it boosted trust towards cryptocurrency in general. So invest now if you have money to invest and wait for a few years and you will be able to reap the benefits.

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