Bitcoin Forum

If we are still trading cryptos with the hope of btc reaching All time high now and carry alts along, it might not happen soon.
Don't get me wrong, The alt season will still show... But until then.. Adapt to the present situation and trade only what is stable.

I used to be so hopeful for a bullish bitcoin.But now, whether it likes let it go up or down I don't care as long as I take advantage of the move, that will be alright by me... And that's what trading should be... No emotions or bias attached.

Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise

Use good TA and convenient time frames

Personally, I use 4h for this.

It's nice what you are doing. I do same too with USDT and my local currency. Although there are some altcoins that are a good trade and they give profit because of high liquidity in the trading pair.

All these years and people are still using this formula which is well established if we really want to make profits from the bitcoin. This is old strategy and it should be written over and over again freshly so that new comers can understand this market very well. Good suggestion about the use of USDT but one can always find other ways to hold their assets and down loose the value. And this way is simply fiat and nothing else. Many wallets does provide holding of fiat after converting the bitcoin or altcoins and thus it becomes very important to have. It is far trusted and stable as compared to USDT as it is still crypto and former is fiat! So rest of the strategy is good but holding in fiat is always advisable.

You make it sound too simple and easy than it actually is. Just as if you know for sure when exactly btc will rise and dump. It's definitely a lot more complicated than that.

Quite expository. You know, I have been thinking must usdt look like it is just the best to control your bitcoin devaluation or that people don't also know that they can sell bitcoin and hold in fiat then buy in again when they wish. Obviously, USDT is crypto too and we can hold our btc in fiat. Nice post and explanation from you but I don't have smerit to appreciate you ;D ::)

Really yes, if the price were on one level it's not a point the price will go there again after the dump

Until September 30, it will not exactly happen, until the issue is considered by the Securities and Exchange Commission, and then it will be necessary to focus on the solution.

Well, it is always gone up. That's why people keep dumping more and more altcoins while bitcoin is keeping dumped day by day. And it will increase soon.

I am not a great specialist that's why I think that btc movements have both pros and cons; i prefer the long-term hold as it is less risky as it seems to me. To my mind, this is the best solution

long-term is feasible to apply, but you will wait too long to make a profit, the current state is best suited to play fast by looking at the movement of BTC

If we are going to buy that was an advantage if we are going to sell that was a big mistake on this huge dip. So then I believe that we need to buy more bitcoin before it will start in the next movement which is the said bull run, if the bull run begin we can't maybe don't afford to buy more. Because wits price will maybe rise up high.

You raise a valid points there and good suggestion. You also said it in a simple way as if it will be easy as that, because how can you easily determined when bitcoin will dump. With this analysis if bitcoin continue to rise you will be in loss. So you need to master the game very well to adopt this.

Is it really profitable if we want to try anything else we move in the field in my opinion that is extraordinary

the mobility is not positive right now. bitcoin and subcoins are falling. It is quite difficult to make money when the fall trend is too high. I will prefer to wait a bit.

I would never buy and hold USDT.The tether bubble scam might burst at any time.
"trade only what is stable"What do you mean?Most traders buy/sell cryptocurrencies mostly because their prices are not stable.It they were stable the market woul be dead.

it will never happen. we have seen many times that when bitcoin rises altcoins will drop instead. and it has been always like this. even years before 2017-18. but for some reason this year people think things can be different and they are disappointed!


bitcoin is not some shitcoin that you are calling it "pump and dump".
also using USDT is a risky move. nothing may every happen but the risk doesn't go away and it only happens once and in that one time price of it will go to zero.

OP you make this should much more simple than it really is.  Prices are extremely unpredictable and you can lose your shirt trying to day trade btc  I'm sure some people can do it successfully but the majority will fail.  As suggested above, I would stay away from making trades in USDT.  There are many rumours that Tether doesn't have the cash to back up all their printed USDT , so it may very well burst and be exposed someday.

I think btc is again gaining momentum for a better pump in the next couple of weeks and I believe this is now on the process of correction. For btc holders, just wait for it to make a bullish market  in the coming weeks to come. I think people should monitor btc  from time to time since the phasing of the market trend is really fast.

Actually i keep optimist with BTC, do you remember last month, BTc price is down right? So decide to purchase it and invest on it, but after that aroubd two weeks the price is increase again after that i decide to sold some of the BTC so i can earn more than 15%, i never worried about the BTC price becuase i always optimist on it and keep monitor the market

That's what I'm doing right now. It has been a week since the drop of Bitcoin from $8,300. I know it's a bad thing for the whole cryptocurrency world but at the same time, it's an opportunity for investors like us. We just have to keep playing with the market until new money comes again this September to December. I know it'll be hard for Bitcoin to rise again but cryptocurrency is unpredictable. Let's just wait on what is going to happen this following months for us.

It i very hard to make decision when the situation is like now its like its very hard to sell it and turn to usdt ofcourse there is always doubt on every holder and trader but I think the most important now is to hold and buy while it will go deep down.

I believe that btc market in the current situation may still be not stable and fluctuations could still be recurring in the weeks to come due to some corrections in the market. However, once this corrections will over, I believe the bullish market may dominate again the the btc market where it could increase the market value more than the $7K level. Thus, btc hodlers should just continue holding until the big pump will be in place.

Now the trade in cryptocurrency is very dangerous. Bitcoin can grow in price for 2 days and fall for 2 hours.
No one except whales knows where the cryptocurrency market will unfold.

This sounds so simple and effective. But how are we actually to know if bitcoin is going to dump or to pump?

People have literally been saying that for months. No one knows for sure when the the bull will come.

to trade bitcoin when its price is is advantageous.  it is when most sellers and buyers earn.  as a risk taker,  they should know when it is the right time to sell coins.

buy when prices go down and save them, an unstable movement makes some people often panic, but must be able to take advantage of the right moment and calm, not rash ..

In my opinion, it's really hard to take advantage of bitcoin movements unless you're good at predicting and you have experience. It's good to take advantage of bitcoin movements, but if you take advantage of it completely, then you're really lucky. In my own experience, it's really hard, it's really hard to predict the movement so you can't really take advantage, the outcome that you expect may not work, and it will only disappoint you.

Bitcoin is indeed making a name for itself and now is the time to make used of it. We should use bitcoin ultimately as it brings a lot of opportunities to its users. Well basically, I think we should be joining its quest and be part of the glory that it is chasing. Technically bitcoin is in a verge of doing something great so we must get involved with that.

you are absolutely right we need to take advantage of market movements because we can make profit via small pump and dump also Ur btc to usd conversion idea is good. because no one know when bitcoin will touch its all time high price so we need to trade according to situation.

everybody can not understand the fluctuations in the market. this requires experience. if you are going to do this, you should do it with small amounts first.

Your suggestion is good but it's difficult to achieve it.
Many people don't have time to watch btc movements 24 hours per day, to read analyses, and guess future trends.
It's very demanding job.
I think that for the most people is more easy jst to ''hold'' their btc funds and wait for the price increase. 

I analyze that BTC volatility only arround the 6K and 8K values. we can still get advantages by buying bitcoin when the price of 6K and selling it when 8K.

I say that this is the advantage of short volatility.

yes right, we do it if we know and can predict exactly when the time for bitcoin will go up and when it will drop.
what I experienced myself, sometimes our predictions are not right. as long as we want to be patient and try later on we will succeed

This.

I can't believe after all this time people are still buying or holding tether.

If you don't want to hold BTC, then find an exchange that allows you to trade it for dollars or euros and hold those currencies while you wait for your opportunity to get back into btc.

With the big fluctuation of the MOF, many investors have been afraid of losing money because they sold them at low price. But do not worry the market is up and down in a short time so keep it up, do not worry too much

As some are dumping, some are buying and holding. For me, its good to take advantage of the bitcoin movement, its because it will make you earn bigger profit when the price of bitcoin is in increasing state. Buy when the price of bitcoin is on decreasing state, and then hold it and wait for the increase of bitcoin price, then sell it when it reach the increase profit that you desired, for you to be satisfied.

easier said than done. You can read that on every textbook there is about trading, but they also say that it is hard to control and only real trader with significant experience can muster it. And even then, they still fail from time to time. If you are a newbie, do not just jump in and do what OP said. It needs a lot of technical knowledge before you can do it.

That would be a one way strategy to convert USTD to bitcoin. I also use some Technical Analysis and what I am doing right now is a swing trade strategy. I usually buy when there is a huge dump and wait for the right moment to sell when i feel it is profitable.

buy, hold and sell, that is the strategy of traders and investors, but if without analysis, then I think it will make you lose the value of profits.

it's like acting without theory, so the analysis is a very important capital. today we can only take advantage quickly, small volatility becomes an open field for us to steal profits.

I think its obvious, if you don't adapt with the current situation, eventually you will end up with nothing this year.


Everyone is very bullish about bitcoin. The problem is that those people who are very bullish are the first one to panic if there some sort of negative news pulling the price down. How ironic.


Not sure though about that method. I still thinks that bitcoin is not design to be pump-and-dump. USDT? Its just "artificial".

maybe if people can understand crypto trading,the bitcoin will be used as an opportunity to be able to make a profit, but for new investors and traders, this will make them lose and lose, for example they panic and cannot control their emotions, so with the decline in crypto prices in the market we must be able to remain calm.

This is a trading strategy and I am sure that it brings good results. But my way of life does not allow me to keep track of the course all the time. So I choose a more relaxed long-term strategy