What will be your next move? - page 2.

kro55

sr. member

Activity: 1610

Merit: 301

*STOP NOWHERE*

Quote from: beerlover on December 15, 2019, 02:44:44 AM

I am already holding bitcoin right now (and some altcoins) and I see them as my retirement money, I would like to retire early so it would be awesome if bitcoin skyrockets one day but until that day I save a bit of money every month and keep a bit of money on bitcoin.

So, I will continue to do that as long as bitcoin is around at these prices or goes down, when it goes down I buy even more bitcoins because it is cheaper so spending same fiat gives you more bitcoin. However, if it goes up, like too much up then I might sell and wait for it to drop back, for example having a $50k bitcoin price would make me sell right now, I won't sell at $20k like I did last time (lucky) because I think this time if it goes up it would go up a lot so I would wait for $50k.

That's the best one can do. Spare some cash for Bitcoin every month and HODL. Only a die-hard bitcoin fan who has complete trust in the future of bitcoin can do that. The majority of us keep checking the price every day which is surely not a good thing. I am too interested in accumulating bitcoin but if it came near 5k.

Kyraishi

hero member

Activity: 952

Merit: 513

Quote from: Wysi on December 13, 2019, 12:59:12 PM

What will be your next move in this market situation wherein price pump is speculated post halving followed by a dump or further fluctuation but if we look at current market situation especially from past one months nothing looks convincing as there are numerous short term momentum and dump as well.

Will you wait for further positive events or invest when the market is bearish?

My go to in these types of market conditions has always been to dollar cost average. And this will not change in this moment.

The fact is that the markets are extremely bearish right now, and is quite irrational in that regard. Sooner or later, especially with the aid of the halving coming up, there will be a trend reversal as people realise this fact.

Dollar cost averaging is the most sensible thing to do with the littlest risk and the highest reward. You don't need to even get your buys perfect in order to profit off it.

sovie

sr. member

Activity: 1274

Merit: 265

Quote from: Wysi on December 13, 2019, 12:59:12 PM

Will you wait for further positive events or invest when the market is bearish?

Investing when the market is bearish is a very good investment strategy. Always buy when the market is down as its right now. If someone wants to buy crypto buy in this dull market. Whenever there will be positive events the market will definitely go up and it's useless to buy up moving coin.

beerlover

legendary

Activity: 3052

Merit: 1188

I am already holding bitcoin right now (and some altcoins) and I see them as my retirement money, I would like to retire early so it would be awesome if bitcoin skyrockets one day but until that day I save a bit of money every month and keep a bit of money on bitcoin.

So, I will continue to do that as long as bitcoin is around at these prices or goes down, when it goes down I buy even more bitcoins because it is cheaper so spending same fiat gives you more bitcoin. However, if it goes up, like too much up then I might sell and wait for it to drop back, for example having a $50k bitcoin price would make me sell right now, I won't sell at $20k like I did last time (lucky) because I think this time if it goes up it would go up a lot so I would wait for $50k.

piebeyb

legendary

Activity: 2464

Merit: 1039

Bitcoin Trader

Quote from: Wysi on December 13, 2019, 12:59:12 PM

What will be your next move in this market situation wherein price pump is speculated post halving followed by a dump or further fluctuation but if we look at current market situation especially from past one months nothing looks convincing as there are numerous short term momentum and dump as well.

Will you wait for further positive events or invest when the market is bearish?

You can take it at any time without waiting for good news, take a chance when the price drops because you will no longer see it touching the lowest price for the second time, so enjoy seeing the bitcoin price below $ 10k before you don't see it again, save my words here, lol

just calm down next year you still have a chance to buy, my advice is forget about any news about bitcoin because it does not affect the actual price of bitcoin, so focus on taking before halving occurs in May 2020, even though prices are trying to go down, my prediction will not be under $ 5000, hopefully You are lucky

karanggatak

hero member

Activity: 1106

Merit: 506

the bitcoin market is very volatile and tends to continue to decline. in these market conditions I would choose to keep holding bitcoin. and maybe if bitcoin falls to $ 6000 I will buy bitcoin. I will continue to try to increase the amount of bitcoin so that later in the future I get a lot of profit. I think now is a good opportunity to buy bitcoin because the price is quite low. and later when bitcoin can pump up to $ 9,000 we have already made a profit.

asus09

sr. member

Activity: 1344

Merit: 270

Quote from: Wysi on December 13, 2019, 12:59:12 PM

What will be your next move in this market situation wherein price pump is speculated post halving followed by a dump or further fluctuation but if we look at current market situation especially from past one months nothing looks convincing as there are numerous short term momentum and dump as well.

Will you wait for further positive events or invest when the market is bearish?

Wait and see is better choose right now because bitcoin and altcoin keep with lower price and too risk when start investing or trading with crypto, better close everything have connection with bitcoin and altcoin because make our eyes terrible looking how dump bitcoin and altcoin, I keep waiting until bitcoin and altcoin back with higher price to start investment again.

bitgov

sr. member

Activity: 1554

Merit: 260

Quote from: Wysi on December 13, 2019, 12:59:12 PM

What will be your next move in this market situation wherein price pump is speculated post halving followed by a dump or further fluctuation but if we look at current market situation especially from past one months nothing looks convincing as there are numerous short term momentum and dump as well.

Will you wait for further positive events or invest when the market is bearish?

Unfortunately, but I don't see any positive signs that would suggest that the situation will improve. I think that at such a moment we should to wait calmly for what the whales will do. In my opinion, the manipulators have not yet said the last word and the BTC price will fall further. I just wait calmly and will watch what happen in the next few weeks.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: Lucius on December 14, 2019, 07:11:14 AM

It is interesting to see that some believe that something positive will happen early next year, usually the first three months are fairly slow and not too many things happen. Ordinary people generally pay the debts they created by spending more they have for the holidays. So although this year is special because of halving, is it realistic to expect a pre-halving effect?

I don't think "holiday spending" dominates peoples finances and investments like that.

Like a Veblen good, demand for BTC tends to increase as the price increases. It doesn't matter what time of year it is; people will buy it in a bull market and avoid it in a bear market.

We've had several bullish Q1s in BTC's history. What matters most in that respect is whether the previous Q4 was bearish. For that reason, plus the halving season (which coincided with pumps in 2012 and 2016), I expect a bullish Q1. The market is becoming due for an upside correction.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: Lucius on December 14, 2019, 07:11:14 AM

It is interesting to see that some believe that something positive will happen early next year, usually the first three months are fairly slow and not too many things happen. Ordinary people generally pay the debts they created by spending more they have for the holidays. So although this year is special because of halving, is it realistic to expect a pre-halving effect?

This year had an unexpected event and a powerful pump that started in April, but the opinions are different as to why it happened. Who or what can be a reason to come to the significant increase in prices in the next 6-7 months? I'm not a pessimist, but if the price reaches at least $10 000 before halving, it will be a great success.

I bet there's a rich, rich vein of data for some kind of economist of even social scientist to study and validate all these irrational theories right here with the Bitcoin speculators. No surprise to us though, we've been seeing these hopefuls pop up even believing in 2018 itself that something positive was just due round the corner.

The April pump itself could have been a result of this. Price took an expected bounce, but people saw more to it than there was, that climb back above 10k was spectacular but ultimately, unsustainable.

Altcoins enthusiast

member

Activity: 490

Merit: 17

Quote from: Wysi on December 13, 2019, 12:59:12 PM

What will be your next move in this market situation wherein price pump is speculated post halving followed by a dump or further fluctuation but if we look at current market situation especially from past one months nothing looks convincing as there are numerous short term momentum and dump as well.

Will you wait for further positive events or invest when the market is bearish?

The uncertainty in the cryptocurrencies market at the moment is very high and as such I will advise any wise investors to keep on holding. Bitcoin has been doing up and down movement and most time before you taking profits others has already pushed the price down. Next year will be very interesting as the event in 2019 look like what happens in 2016.

watergold

sr. member

Activity: 1218

Merit: 251

Quote from: ecnalubma on December 14, 2019, 11:11:31 AM

Quote from: Wysi on December 13, 2019, 12:59:12 PM

Will you wait for further positive events or invest when the market is bearish?

I think its better to invest and accumulate while the market is still bearish, because positive events sometimes don’t make change. But most people buy only when the prices start to climb which is a bad practice, well we have our different strategy.

When bearish happens it is an opportunity to invest you can buy coins at lower prices than usual, sometimes people panic when the market goes down like that so many panic and sell their coins, the bearish market is not so long if you are patient in waiting and this will be a profit which is great because after the increase is definitely above 10%.

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: the rise on December 14, 2019, 12:02:16 PM

depending on the conditions, if bitcoin fails many times in trying resistance, then I have to prepare a buy position at the bottom three support lines. Halving is something to look forward to, and I have to accumulate it as effectively as possible. will very often monitor the market oversell limit, and start turning a blind eye when making a gradual purchase if it enters a super reversal trend, I will not give up.

I would do the same as you plan since we can't decide whether what way bitcoin would go. Let's just prepare whatever would be the price of bitcoin. And since the price is quite stable at $7k this past weekend there might be a possibility that it would drop to 6k if the support level is broken.

the rise

sr. member

Activity: 2338

Merit: 273

DGbet.fun - Crypto Sportsbook

depending on the conditions, if bitcoin fails many times in trying resistance, then I have to prepare a buy position at the bottom three support lines. Halving is something to look forward to, and I have to accumulate it as effectively as possible. will very often monitor the market oversell limit, and start turning a blind eye when making a gradual purchase if it enters a super reversal trend, I will not give up.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: Wysi on December 13, 2019, 12:59:12 PM

What will be your next move in this market situation wherein price pump is speculated post halving followed by a dump or further fluctuation but if we look at current market situation especially from past one months nothing looks convincing as there are numerous short term momentum and dump as well.

Will you wait for further positive events or invest when the market is bearish?

I’m waiting for a big bull run after the halving. When I think the price is too high, I will consider selling. The trick is knowing when to sell to get the most profit.

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

Quote from: Wysi on December 13, 2019, 12:59:12 PM

Will you wait for further positive events or invest when the market is bearish?

Accumulate as much as you can while the market is bloody color and the price of Bitcoin is very cheap in the market. That is a good point to buy when is low and sell when the price is high. The next Bitcoin halving event is nearly to come and even we dont know the outcome of this I'm still positive that it will bring a good price to Bitcoin. Bitcoin is not a short term investment and you should patiently wait when is the right time of cutting your gain not by the loss.

ecnalubma

sr. member

Activity: 1540

Merit: 420

www.Artemis.co

Quote from: Wysi on December 13, 2019, 12:59:12 PM

Will you wait for further positive events or invest when the market is bearish?

I think its better to invest and accumulate while the market is still bearish, because positive events sometimes don’t make change. But most people buy only when the prices start to climb which is a bad practice, well we have our different strategy.

Free1bitco.in

hero member

Activity: 1624

Merit: 500

Quote from: Wysi on December 13, 2019, 12:59:12 PM

Will you wait for further positive events or invest when the market is bearish?

if things were like that, I would certainly look for information on further developments. I am pretty sure that there are some developments ahead that will make the price of bitcoin higher. Well, even if that increase above $ 14k is enough. my choice is to wait for other positive news because selling it will only make things worse.

alexsandria

sr. member

Activity: 896

Merit: 268

★777Coin.com★ Fun BTC Casino!

Quote from: Wysi on December 13, 2019, 12:59:12 PM

What will be your next move in this market situation wherein price pump is speculated post halving followed by a dump or further fluctuation but if we look at current market situation especially from past one months nothing looks convincing as there are numerous short term momentum and dump as well.

Will you wait for further positive events or invest when the market is bearish?

We all know that the market is unpredictable, thus, I think that these circumstances though it has an effect it doesn't make any sense at all. Like what did happened way back last 2017, there are tons of negative news about the market but still the situation prove itself that such negativity doesn't have an effect a bit at all.

Doell

hero member

Activity: 2156

Merit: 531

Quote from: wheelz1200 on December 13, 2019, 02:23:37 PM

Quote from: Wysi on December 13, 2019, 12:59:12 PM

What will be your next move in this market situation wherein price pump is speculated post halving followed by a dump or further fluctuation but if we look at current market situation especially from past one months nothing looks convincing as there are numerous short term momentum and dump as well.

Will you wait for further positive events or invest when the market is bearish?

Best bet always is to incrementally buy. Trying to time the market is so hard and if your sights see a higher price in the future why fickle over a coue of percentage points right? Too many people get burned while trying to time the market

the best strategy is to buy in incrementally agree sir ,it will also be a moment for traders be able to read the situation ahead even though it is difficult but also a strong impetus when all traders do it ,I personally also do not think about the value of my a purchase when getting more money then betting in bitcoin I'm sure that things will definitely improve and improve too on prices even though we are in a bearish moment

Topic: What will be your next move? - page 2. (Read 695 times)