What is your take on the pump coming? - page 4.

imamusma

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Quote from: Davian144 on June 06, 2023, 12:19:13 PM

Quote from: Mario Yamasaki on June 05, 2023, 10:59:26 AM

When pumping of course the best thing I do is sell some, I often buy bitcoins which I think are low prices, I use some spot exchanges so after I buy then I add profit for example 10% until everything is fulfilled, with this simple strategy we can make a profit.

It is a short-term trading strategy where the profit is also very small, unless you buy it in very large quantities and it is always profitable every time.

Even having a large trading budget will never guarantee trader can make profit every time. Remember, it must be very difficult. I tend to think of it as cyclical trading where a trader only buys when the price of an asset dump a large like 5% - 10% and will take profits when the price recovers. Of course things are not as easy as we think, but I think this kind of trading strategy has a good success rate compared to some others.

Quote from: Davian144 on June 06, 2023, 12:19:13 PM

It's not wrong to apply something like that at the moment of price pumping in the market, but you also have to realize that price pumps don't always happen in the market. Especially if what you buy is Bitcoin which is generally more suitable for long-term trading and also for long-term investments with much larger profit targets.

Cycle trading only expects profit when cycle appears, just like a season trader. I agree that for huge profit potential then they just need to be long term investors. However, in my opinion, it is not correct to say that bitcoin is only suitable for the long term, I mean trading bitcoin can also provide benefits for those who expect short-term profits.

Davian144

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Quote from: Mario Yamasaki on June 05, 2023, 10:59:26 AM

When pumping of course the best thing I do is sell some, I often buy bitcoins which I think are low prices, I use some spot exchanges so after I buy then I add profit for example 10% until everything is fulfilled, with this simple strategy we can make a profit.

It is a short-term trading strategy where the profit is also very small, unless you buy it in very large quantities and it is always profitable every time. It's not wrong to apply something like that at the moment of price pumping in the market, but you also have to realize that price pumps don't always happen in the market. Especially if what you buy is Bitcoin which is generally more suitable for long-term trading and also for long-term investments with much larger profit targets.

justdimin

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Quote from: AnonBitCoiner on June 02, 2023, 03:00:10 PM

Quote from: Wong Gendheng on May 23, 2023, 03:58:23 AM

I hope the price of Bitcoin will soon reach $ 50k or 2x from the current price, the most expensive price I bought is around $ 56k and if selling at the current price of course I loses, I have also sold around 40% Bitcoin at $ 34k because I really need money , now I will hold and buy more before the pump occurs this year.

This is what the experts advise that don't buy at high price because market is not guaranteed about its success therefore higher price is best option for selling and not for buying of crypto. There is no doubt that bitcoin will soon rise but at the price which you have bought bitcoin is very high and it will takes time to recover such money easily.

You need money and you sell bitcoin with loss so yes everyone needs money in harsh situations therefore before investment thinks twice or more that the step which you are taking is worthy for you or not. Investment is easy but taking profit from it is not an easy task so you should be conscious about each and everything as future is unseen and crypto is volatile.

I think it's alright, you may need money if you invest into gold or stocks as well and they could go down too, there is no guarantee that it will not go down and we should all be expecting it to change one day or another. I know that it will be alright if we invest into bitcoin and it goes down and we suddenly need money as well, so we will sell when it goes down and that's an upsetting situation.

Yes, we do not want that to happen but we need to remember that same could have happened whatever we invested into hence it is not going to be an issue. But at the end of the day we should be all considering bitcoin as an investment that would be better than other investments, doesn't guarantee profit but it also doesn't mean that it is worse than other investments neither.

Mario Yamasaki

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When pumping of course the best thing I do is sell some, I often buy bitcoins which I think are low prices, I use some spot exchanges so after I buy then I add profit for example 10% until everything is fulfilled, with this simple strategy we can make a profit.

AnonBitCoiner

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Quote from: Wong Gendheng on May 23, 2023, 03:58:23 AM

I hope the price of Bitcoin will soon reach $ 50k or 2x from the current price, the most expensive price I bought is around $ 56k and if selling at the current price of course I loses, I have also sold around 40% Bitcoin at $ 34k because I really need money , now I will hold and buy more before the pump occurs this year.

This is what the experts advise that don't buy at high price because market is not guaranteed about its success therefore higher price is best option for selling and not for buying of crypto. There is no doubt that bitcoin will soon rise but at the price which you have bought bitcoin is very high and it will takes time to recover such money easily.

You need money and you sell bitcoin with loss so yes everyone needs money in harsh situations therefore before investment thinks twice or more that the step which you are taking is worthy for you or not. Investment is easy but taking profit from it is not an easy task so you should be conscious about each and everything as future is unseen and crypto is volatile.

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Quote from: someone703 on May 31, 2023, 06:11:11 PM

Be patient and wait for them; the increase in the price of bitcoin has shown us that the market has shown signs of a positive recovery. It is true that this is really good and makes everyone's spirits high with the market. But it's also important because there's no telling when there's going to be another bump, but in the end, it's going to happen sooner or later. All we need is to hold on to our investment, DCA, if the market is not so good. But no matter what, the rocket pump journey will not be possible without jumping, so patience is most important right now.

And that's the big factor when dealing with this kind of investment. The upcoming possible pump should not be taken for granted, but instead
it's better to buy and keep holding while waiting.

We don't know when and the only thing that you can take advantage is the process of researching and studying to where the market will be heading.

Knowing that gives you the advantage to take a good potential profit, pump is your chance to make money from this investment.

Paul Pogba

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Pump of course is a moment for us to be able to sell, I lost several moments when the market was above, instead I bought when the bitcoin price skyrocketed at $ 15k in 2017 and bought again at $ 52k in 2021, there is an opportunity to buy but too optimistic if the price will continue to rise so I sell at a loss.

someone703

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Be patient and wait for them; the increase in the price of bitcoin has shown us that the market has shown signs of a positive recovery. It is true that this is really good and makes everyone's spirits high with the market. But it's also important because there's no telling when there's going to be another bump, but in the end, it's going to happen sooner or later. All we need is to hold on to our investment, DCA, if the market is not so good. But no matter what, the rocket pump journey will not be possible without jumping, so patience is most important right now.

Oilacris

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Quote from: tygeade on May 30, 2023, 12:24:33 PM

Quote from: StreakW on May 30, 2023, 03:50:02 AM

Quote from: posi on April 30, 2023, 05:19:35 AM

Until this point, if someone said bitcoin was going to fail, they weren't people who didn't fully understand bitcoin, I think they were more jealous than ignorant. They think they missed the bitcoin train and are annoyed that more and more people are getting rich on bitcoin. Those who say that bitcoin is dead and are trying to spread Fuds so that others can participate in bitcoin like them, we can say they are selfish, jealous people. No matter how high bitcoin gets, whether it's 100k or 200k, they'll never stop their stupid acts.

Indeed, if someone says bitcoin failed it is not that they do not fully understand bitcoin, but such actions do not mean they are jealous. Precisely someone who says bitcoin failed, they usually panic and get emotional when they see the bitcoin market crashing and they experience huge losses. What's more, for those who have just invested in crypto and immediately experienced a loss, they will say bitcoin failed because it was not what they expected or saw other people getting rich with bitcoin.

I think that type of "giving up" mindset would mean that they would lose money whatever they invest into. Life is full of ups and downs, sometimes you invest right before it goes down, there are too many people complain about that and I understand that they do not know when to enter, you should enter right after a huge drop, that means even if it goes down a bit, it can't go down too much.

However, if they invested into a stock, that could have gone down as well, if they invested into gold, it could have gone down as well. Which is the point here, if they see it go down and think it's dead and get out, then they wouldn't have made profit anywhere else neither anyway so there is nothing to worry about at this moment and should be considered fine.

And so Market is on which it does really have that typical movement which is on having that UP and Down movement on which it is really that indeed pretty basic principles and the main things that you would be facing up on the time that you have decided to deal with this volatile market.If you are just new then it would really be having those common reactions when it comes to pump and dump or simply its price movement which this would be the main things that you would be encountering. So what you should gonna do? Of course you would be needing to adjust because if not then you wouldnt
really survive on this market.

If we do have a bear market then so as a bull market but of course not everytime it would happen on which we do really have that consolidation period.This is also the time on where things turns out to be hard on making up decisions just because you would really be having that anxiety and questions would be boggling up your mind whether the price would be going up or down.
This is what would you experience on dealing this market.

savetheFORUM

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Quote from: Wong Gendheng on May 23, 2023, 03:58:23 AM

I hope the price of Bitcoin will soon reach $ 50k or 2x from the current price, the most expensive price I bought is around $ 56k and if selling at the current price of course I loses, I have also sold around 40% Bitcoin at $ 34k because I really need money , now I will hold and buy more before the pump occurs this year.

That is the reason why it is not good to buy Bitcoin or any cryptocurrency with the money that you might need anytime soon because the market is always unpredictable and you never know if the target you are aiming for will be reached quickly or if it will take time because if the target isn't hit on time that you expected, you will probably need to face losses as you will have to sell if you need to the money.

About the price doubling, it might not really happen this year because the price isn't gaining much momentum at the moment, and even if it does, it will barely go around $40k and it will dip again and it will definitely take some time for it to go around $50k, so it might happen next year.

tygeade

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Quote from: StreakW on May 30, 2023, 03:50:02 AM

Quote from: posi on April 30, 2023, 05:19:35 AM

Until this point, if someone said bitcoin was going to fail, they weren't people who didn't fully understand bitcoin, I think they were more jealous than ignorant. They think they missed the bitcoin train and are annoyed that more and more people are getting rich on bitcoin. Those who say that bitcoin is dead and are trying to spread Fuds so that others can participate in bitcoin like them, we can say they are selfish, jealous people. No matter how high bitcoin gets, whether it's 100k or 200k, they'll never stop their stupid acts.

Indeed, if someone says bitcoin failed it is not that they do not fully understand bitcoin, but such actions do not mean they are jealous. Precisely someone who says bitcoin failed, they usually panic and get emotional when they see the bitcoin market crashing and they experience huge losses. What's more, for those who have just invested in crypto and immediately experienced a loss, they will say bitcoin failed because it was not what they expected or saw other people getting rich with bitcoin.

I think that type of "giving up" mindset would mean that they would lose money whatever they invest into. Life is full of ups and downs, sometimes you invest right before it goes down, there are too many people complain about that and I understand that they do not know when to enter, you should enter right after a huge drop, that means even if it goes down a bit, it can't go down too much.

However, if they invested into a stock, that could have gone down as well, if they invested into gold, it could have gone down as well. Which is the point here, if they see it go down and think it's dead and get out, then they wouldn't have made profit anywhere else neither anyway so there is nothing to worry about at this moment and should be considered fine.

StreakW

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Quote from: posi on April 30, 2023, 05:19:35 AM

Quote from: StreakW on April 30, 2023, 04:56:04 AM

Quote from: Nrcewker on April 23, 2023, 09:32:06 AM

Quote from: StreakW on April 21, 2023, 12:35:08 PM

It is very difficult to predict about how the next BTC pump will be because the price of BTC is very volatile. However, if someone says that BTC is a failed project, then that is wrong. People who think BTC is a failed project then that person doesn't understand about cryptocurrency. Therefore study first and understand in detail before saying if the BTC project failed.

How can someone say BTC has failed? I mean have you seen Bitcoins growth since it’s launch? These type of peoples are real example of how an impatient person thinks like. Bitcoins are limited in number, so just remember this while buying the coins. The marketcap is high and demand among the people to accumulate Bitcoins are increasing, so buy as many Bitcoins as you can and store it for long term before the pump comes, as once Bitcoin start gaining the pace, it won’t stop. These smaller pullbacks in price are just the price correction, so don’t get afraid by seeing this.

People who say BTC has failed are people who don't fully understand cryptocurrency. Usually people like that tend to be consumed by negative news circulating and are classified as FOMO or FUD. Most people think like that because they can't manage their emotions when they see a sluggish market. Even if they understand the crypto market and do in-depth analysis, now is the right time to buy bitcoin or altcoins before the pump comes.

Until this point, if someone said bitcoin was going to fail, they weren't people who didn't fully understand bitcoin, I think they were more jealous than ignorant. They think they missed the bitcoin train and are annoyed that more and more people are getting rich on bitcoin. Those who say that bitcoin is dead and are trying to spread Fuds so that others can participate in bitcoin like them, we can say they are selfish, jealous people. No matter how high bitcoin gets, whether it's 100k or 200k, they'll never stop their stupid acts.

Indeed, if someone says bitcoin failed it is not that they do not fully understand bitcoin, but such actions do not mean they are jealous. Precisely someone who says bitcoin failed, they usually panic and get emotional when they see the bitcoin market crashing and they experience huge losses. What's more, for those who have just invested in crypto and immediately experienced a loss, they will say bitcoin failed because it was not what they expected or saw other people getting rich with bitcoin.

Wong Gendheng

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I hope the price of Bitcoin will soon reach $ 50k or 2x from the current price, the most expensive price I bought is around $ 56k and if selling at the current price of course I loses, I have also sold around 40% Bitcoin at $ 34k because I really need money , now I will hold and buy more before the pump occurs this year.

Marykeller

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My opinion on the upcoming bitcoin price pump is to never invest in bitcoin with money you can't afford to lose just because you heard there will be a price increase. This indicates that you should not borrow money or invest all of your money in Bitcoin in the anticipation of seeing significant returns quickly.

Quote from: JamesBorn on April 13, 2023, 06:33:56 PM

I sense that very soon the pump will start to shame all those folks who feel btc is failed project.

I can't imagine someone calling bitcoin a failed project after he has learned about its price history and purpose of creation. Only those who don't know its price history can presume that

Quote from: JamesBorn on April 13, 2023, 06:33:56 PM

We are expecting the bullish price to pump 60k straight up even against all odds

Nobody is certain of when the price of one bitcoin will reach $60,000. It might take place in 2024 or 2025.

Negotiation

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I think bitcoin will pump again the more demand the bitcoin price will increase so the best advice to watch the pump is to hold bitcoin long term and wait. With no central bank or government control, factors such as a country's financial system, monetary policy, inflation rate, or economic development cannot influence bitcoin's value. Factors that affect the price of Bitcoin are the demand and supply of bitcoin is less likely to be scammed and the price is expected to rise again.

19Nov16

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Looking at the current market situation, of course it is very difficult to see the market being able to pump again, many analysts believe that an upward trend will occur in 2024 because many people are still afraid that a scam case will happen again, if there is no scam case this year, then in 2024 it will rise especially halving will occur.

Reid

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Quote from: asrinur on May 06, 2023, 02:31:10 PM

In my opinion, it looks like the bitcoin market will be bullish again in Q3 and the bitcoin price could potentially reach $50k-$60k. I see the last few months the crypto market is working well, this is indicated by the movement of bitcoin and altcoin prices which continue to increase, even the bitcoin price had reached above $30k a few weeks ago. Therefore it seems that now is the right time to buy bitcoin then hold on until the bullish phase comes.

We love the "Ber's" of the year. This is where it actually fluctuates wildly as many optimistic people think ATH will happen in the last month of the year so they are preparing all their money to purchase before it soars in prices that is hard to believe.
It will happen, we just don't know the exact time and date. As long as we keep our steady hands and not panic to sell Bitcoin even if another dump comes then we will somehow reap the rewards of what is next after a dump. I agree that now maybe the best time to buy but like I said, we don't know where it will go so there's no assurance to it.

Ayers

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Quote from: JoyMarsha on May 06, 2023, 06:16:29 PM

snip

Let's not hold out hope that it will occur this year.

Optimism is good, but sometimes it is also necessary to be realistic, not too dreamy. Honestly, if we believe in the 4-year cycle, the halving, the world economic situation… we will find that there is no strong enough driver or catalyst to help the market pump this year. But many people still stubbornly, conservatively hope that the bull season will come this year without any basis to come to that conclusion. Instead of expecting a pump this year, we should try to accumulate as many bitcoins as possible because when the pump comes, if we don't have bitcoins, it will be meaningless.

BobK71

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Quote from: asrinur on May 06, 2023, 02:31:10 PM

In my opinion, it looks like the bitcoin market will be bullish again in Q3 and the bitcoin price could potentially reach $50k-$60k. I see the last few months the crypto market is working well, this is indicated by the movement of bitcoin and altcoin prices which continue to increase, even the bitcoin price had reached above $30k a few weeks ago. Therefore it seems that now is the right time to buy bitcoin then hold on until the bullish phase comes.

In my opinion, the upward momentum of Bitcoin may resume from the end of next June. That happened in 2021. If Bitcoin halving is possible in 2024 the market could quickly cross the previous all time high. Here are several things pointing to the positive side of the crypto market. As average daily market cap is more than $1.20 Trillion and it will increase significantly in next few days. And if that trend continues, we could soon see $50K or more. 2024 may be one another bull year for bitcoin and hope Bitcoin price will be able to cross $100K at that moment.

JoyMarsha

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Invest wisely as you wait for the pump is the best piece of advice. Not by investing quickly in the anticipation that the price of bitcoin will skyrocket soon. As a result of that, you decide to invest all of your money or borrow money from friends.

Many crypto investors have been duped into investing with money they cannot afford to lose after hearing that bitcoin's price will increase soon. When the pump didn't occur as anticipated, individuals started to feel more unrealistic about their bitcoin investments. I don't anticipate the price of bitcoin increasing any time soon. Let's not hold out hope that it will occur this year.

Topic: What is your take on the pump coming? - page 4. (Read 1320 times)