Bitcoin Forum

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year

Today it looks like both to me. Either we will continue the rise to $8700 or something like that, or the market will reverse and we are going to retest some of the previous levels. You have to decide which one of these options is going to happen for yourself. I know this post of mine is of no use to you, but I myself am in the same dilemma. I just recently exited a trade I had, and now, like you, I'm wondering should I go long or short?

Just to be clear, I hope for a continuation of the bullish run.

After a long bullish trent it is so hard to differentiate price correction and trap,so we just have to go with our instinct.Myself choose the long term and contiue to hold even if the price reaches sloghtly below because we have to remember we started this year at $3000 and now reached upto $8500.

after this huge spike no one can say where price will go , i think there are less chance of falling you said that you already made loss so its better to stay away from this type of spikes

Just hold and wait, i mean we are already making better numbers than last year and it seems that the price is going up everyday and to think that we were at 3k just 2 months ago seems to me like a very promising sign that it is going to keep getting better, i personally recommend that you just hold and wait to cash out until the Q3 of the years just because that usually the time that others start cashing out as well, but if you have made a significant profit i would just play it safe and not get greedy and just cash out.

Who knows? I tend to think it's a real bull because there will be a big event for Bitcoin next year, so Bitcoin shouldn't stay too long on $5000. However every pump brought out a possibility for a dump. Don't be shocked, we would face a correction (I hope it's just a little) in the near future before resuming the positive trends.

I think its a good plan to sell at the current price and buy back in after this next dip is over.  Don't be afraid to sell after a huge pump because everything must go down at some point.  Or you can just play the hold game if you are too scared to day trade.

The market is pretty undecided currently.

Since a few days (after we hit 8300$ for the first time), the price struggles to find a proper level.
We did retest the upper resistance (8400$) as well as the support (7900$) several times now - even today.

Candlesticks are not clear at the moment.

What we definitely can say is:
Overall volume is still strong.
We (finally) found a strong resistance after the sudden rise.
Bulls have enough power to maintain the support level (until now).
We encountered more red candles in the past 2-3 days.
Bulls don't seem to have the power to push the price much higher than 8400$.

So, neither a bearish reversal nor a continuation of the uptrend is confirmed.

(there might be a slight advance for bears if we solely rely on TA)

We cannot say that this is a bull-trap. I mean the price has increased dramatically in the last month or so. What we are seeing is that those investors who have bought when the price is around $3000 simply cashing it out. If I'm in your shoes, you should look at the long term. Everyone suffered a big loss last year, specially for those who have bought in on top. So it's better to HODL on it and not panic sell at this point. Correction do happen so that we can move forward so just be patience.

I do not want to give a signal for you to buy cash in or cash out . Perhaps i will site my own opinion that this is the time when we need to cash out because it already pumps to hard and what happens in this kind of situation a dump will be incharge soon. Wait for the very basic identify the support that can be the bounce area. If you lose last year this time make yourself proud, fix and treat your losses as your fuel to learn more in trading.

There is always dumps at every spike of price, so chill out traders are always going to cash out profits. Trading is their business. If the price disappoints you a bit, treat it like its sort of a hiccup and you can go along with it like selling yours and then buying them back to gain more satoshis.

with your experience last year I understood with your concern, if the current price is enough to cover your losses I think it would be better if you cashed it now. so that you don't experience the same event this year.

I do not have it but with your experience which has turned into fear, depending on your profit now too, I would cash out to wait if a major correction will come before going in a again

bitcoin price jitters at 8000 its hard to tell where we go next
while other alts rises... https://www.coingecko.com/en

it seems like everybody is on guard with the market movement now
lets just manage the risk i guess 50% on crypto then convert 50% usdt
in the end of the day what matters most is what you get than what you supposed to get more
having such mindset will make you loose your profit worst even your capital

Keep some and cash out the rest. when you are feeling worried to see the same pattern that happen last year and you should choose a wise decision to cash out some of your portfolios when you have been getting it back again. Just keep some of your amount in your wallet to anticipate the bull and cash out some money to anticipate the bulltrap.
The trend looks so difficult to be determine but i believe we are in the bull.

Why are you even asking this question? Obviously the market right now is way beyond any chances of its current movements on just being a bull trap, why? Because simply together with its upward movements along the way he had broken three key resistances that made Bitcoin go down in the past, another key indicator confirming that is it never  attempted to weaken on these levels confirming the bullishness of the market.

Other simple indicators are as simple as looking at the volume where you will see that the increasing volume is also supporting the increasing prices which simply mean that the price increase is not manipulated by a small group of people.

Judging how the market behaves today, it seems like we're still on uptrend, so I guess its still good to buy in some. Cash out option should have been set to a specific target to avoid yourself from panic selling. Set a good gain percentage, and when you hit that, sell it without any hesitation, its gonna be a win-win situation either way. While cashing in is best during bearish season, and still good everytime the price drops a small percentage during the bullish run.

Easily bull, something that went up from 3500 to over 8 thousand dollars can't be a bull trap, the whole idea of bull trap is going a bit high and getting people to buy from those prices and then selling all together to both make them lose and then gain yourself.

If someone took the price from 3500 prices to over 8 thousand dollars just so they could sell all their money and gain profits from it while others are losing then he must have millions of dollars and thousands of bitcoins and I doubt people at that height deal with this day to day movements of bitcoin that much to actually do those small stuff. This was a legit bull run and hopefully it will continue but even if it doesn't that will not mean it was a bull trap for sure since its against the whole idea of it.

there are some people that predicting that the ATH will be pass this bull run so if you are confused you can hold 50% of your bitcoins and the other if you want you can cash it out so whatever the outcome of the price you wont regret it.

Why are you so confused?
It depends on what you want to do.
I think if you see you can take profit, then I suggest you take the profit before the price is down deeper.
You don't have to worry if somehow the price increases after you take the profit because you still get the profit without having a loss.
I know that many of us still suffered lots of losses from the last year and now, we see that many of coin can increase and some of them can pass the buy price we made.
So when the price now can pass the buy price, it is better to sell some amount to get your balance first and wait for another higher price, and you can sell the other amount to take another profit.

Most people over-think the situations, as that's something not to do and is why we often see people struggle. We have to learn to keep things simple and avoid getting into that complicated zone, as that's not helpful for anyone. If it's bull now, just enjoy it.

No one can answer that, it's your own decision to think and assess how things will be going, the market volatility will always brings doubts and you need to be firmed whenever you make your decisions, be calm and keep analyzing the situations and decide after you are fully convinced of your next assessment, in that way you wont regret anything.

dont be confuse, you can make a profit and everything that you can earn put it as holdings so that you wont regret whatever the result is, if the price drops you capital is still there and when the price raise you capital is still there and you also had a profit to be hold.

maybe sell some our asset to keep psychology have to do. after suffered loss in last year movement , our mental destroyed and confused to take decision about it.maybe if we still have earning source from other place we could hold asset till its value back to initial deposit.

Why doubt the power of bitcoin?

Well, if you are really confused with what is happening and still in doubt then you could always withdraw if there is already profit.
Don't get too much greedy or you will suffer.
The thing is some users here are dependent with the daily profits. But if you are not then, you could just let it stay. Bitcoin will still go up and I have no doubt about that.
Just be careful with exchanges though. They are kind of holding some withdrawals since the bitcoin price pumped. I have experienced one just recently and is now 2 days pending.

This rally seems like a bull rally to me and this is just the start of it. I'm a person that is basing on different opinions of many expert in trading. But whenever I see some tradingview from experts, they are saying that this is a bull market for them.

Yes, it is a clear run and not a bull trap because if it is a trap ut will not go up to this price before it dumps. This is only an indicatioim that the market starts to recover and preparing for the next bull run. I am going to call this as bull market. Many experts is not expecting this kind of run based on the informations that i got from their tweets and posts but, they ride the wave that is how they move.

it may still a trap because if you see the market it happens to be a bull and the other will bought many coins in the market and after that the price drops like what happen early this day so it is a trap.

This market recently having a strong bull run, i am not sure will it gonna last but do ypu reallize the pumps are getting weaker after many days, that is the sign when whales stop pumping and let us be dumped constantly, so in these day, any movement of the market should be consider carefully because that can be a bull trap.

whales begin to take profit for their transaction in dip.and we have realize it by analizing from chart.i see buying momentum decrease after reach resistance around $8500.but i am not sure this movement just bull trap.

I don't know, actually the one who has to decide on it is you alone because even I don't know what you experienced before such as how much the total loss is and what value you want right now or to cover your losses.

Bull trap is a product of confusion on what to do.

Why just think of doing some cash-in today. We are on bottom for almost a long period of time.

About thinking on cash-out, it's up to you, recover the losses or risk waiting for more price increase.

You are the only who can decide for yourself. It's easy to say for us to just cash-in or withdraw all your money. It's your own money after all. Spend time analyzing the situation and create "what if" questions.

There is no thing such bull trap here mate, and as I observed the price right now some of the traders dumped while price at higher stage of price. I only view it as normal occurrence to people who haven't earned good income during the time of bearish market. For now let's just wait until such time the price of $8k will again bounce for another rise, and for the main time we'll probably see big fluctuations to happen.

I think this is not a trap bullish will continue to raised upto 10,000$ proce at coin market cap then observe closely the price weather price stay at 10,000$ or goiing down again, but for sure my expectation price stroger until end of the year. So let's wait what will bitcoin future this year 2019 challanging and interesting.

I also same like you but I think more than getting out from this field the way to get investor will helpful in anytime so I recommend to invest only because the cryptocurrency is stable with developed situation.

Don't take financial suggestions from people online. This is your money and you will know the best way to handle it instead of those thousands of random online people.
If you want to cash in or cash out totally depends on how much you are willing to risk. Want to risk high? Then just keep holding it after reaching a decent amount of profit goal.

you have suffered losses in the past and you should have risen from that suffering, at least you have bought more before for a good profit yesterday, but after all the crypto price has the potential to soar so it is not wrong to buy now when prices are down and you can trade for quick profits or even just hold it for higher profits but must also have high patience to achieve that

It depends on the OP's current situation. But he needs to decide on his own when it comes to his investments.


I agree with that. Those financial pieces of advice that he will receive will be a lot more. But he should be doing it on his own. Maybe, those will be his guide but not ultimately following them. After all, it is his own money.

Of what you're thinking right then you have to follow it, we are not taking an account or wanting to be blamed by you cause we force you to sell or not.
Cause for me, I sell some of my BTC. Though I've never thought that this is a bull trap but a natural way of pumps, no hypes or any influential individuals causing for this pumps but I just to have my assurance and 2018 losses won't happen to me again.

It looks like they are not prepared and a lot of fear on themselves. We can give enough suggestions but if your emotion is negative like this i suggest not to invest. No one can tell the exact trend, help yourself to have trust in the market and don’t regret if you miss the chance to own cheap coins. I personally suggest to learn more, boost yourself and do buy if you’re ready to lose.

Its a small correction and the price is still coming back to $8k level, so there’s no need to panic. Don’t sell if this is your emotion, sell if its your target price. I still see a bull trend and not a bull trap anymore, we can have lots of profit if we do wait and hold.

You have no idea about that when you can DYOR and you can argue what trend of the market right now but when you don't care about any update and you can't do DYOR. that means if you can't argue about the market.
The trend can be determined in the long term chart and the bulltrap happen in short chart.
Someone above you has suggested the best answer but im confusing about what you are talking about.
Keep some to bet on the bull.

Cash out if you are scared and already has made a great profit. It will probably have a big correction this weekend. Low volume and it doesn't appear people will buy more before a dip. But will be probably fast and the prices will recover stronger than ever. I would buy again before 6k.

You have to set your goal so that you know when to enter and exit. You can't just buy and hold without a target. This is the problem of new traders, they buy and just watch the price of the coin as it climb up and when it starts to drop, they panic until they realized that they should have sold an hour ago. Goals! Its important not only in trading and business but in any aspect of your life.

I think this is not the bull trap, it is like refreshment air in the crypto world. Do you remember after how many days BTC price hits 8K USD? When the price was 6500 to 7K, I was sure that the price will start sinking again, but I was totally wrong! This is not the bull trap, it is the beginning of the bull market! You have to be careful about making decisions! I suggest you go and make some cash, and don't forget to hold your best coins!

I agree with you.If this is just a bull trap,then fluctuations had happened already making the price low again.But it never happened so i'm really expecting that we are already entering into a bullish market.Selling at this moment while the price is expensive is your own choice already.Just make sure you still have some coins left for you to hold for a long term.

If you are afraid when the bull market appears, you should withdraw from the market at the moment. Prices rise too fast, and this may be a big trap for you, and fear is natural reactions. You are worried about risk, and you can sell your BTC, keep your money until the market decreases. But I believe Bitcoin is doing what it has to achieve and the price may not fall back.

That is what i thought before we had the 3k jump we just expirienced

It really is at your discretion for two reasons:

1. It's your money
2.- Your goals only you know.

Depending on this, analyzing your objectives can range from wanting to operate in the market or investing until the bitcoin market rises.

For the option to operate daily the market is framed in having a lot of risk, and requires that you have a lot of knowledge to operate the market and that you have success in it. To do this you must track various Exchanges, the main Exchanges that move the market, you must also bear in mind that it is always exclusive to know what values ​​the market volume has, the order book that each Exchange shows you, you must take into account How the market goes down or up, if it has a lot of sales or purchases, are details that you have to take into account for your analysis.

If you fit into the investment you must take into account that you must do everything possible to not sell what you invest cheap, because you would lose time and money, and you must take into account that it takes a long time to see the benefits.

I'm weighing the situation during the sudden rise of bitcoin but I don't think this ain't a trap anymore.

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If this is a bull trap, I don't think that this is going to be that high as high as $8k.

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We may see some corrections but that won't be that much that will lead the bull into a trap.

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And with your investing decisions, ask yourself many times and don't depend on others point of view about the market.

This is the best weapon we must have in this riskiest trading or profiteering platform our “instincts “because without this for sure we will be gone wrong most of the time
Well same strategy to put specific time to when withdrawals must be and I am for 5 years,half of my folio is designed for long term holding and the other 50% is by chances of what the market brings upon my sight,if I think it’s enough then I cash out simply as that

Major decline has happened today, bitcoin is down over 10% already and I hope this is not a result of the bull trap.

7 days low is $6280 and high was $8300, so this could just be a correction since we got good increase for the past 7 days.
Bitcoin today down below $7000 but I'm glad it's back to over $7K now.

Hopefully the dumpers are done, let's see from here if there will be a bounce back uptrend.

There was a big drop that happened today more than 10% price change in the the prices of all coins. I am guessing this was the the correction that was supposed to happen after this bull trend. It was evident that the market was getting inflated by manipulation means or just something that we are not aware of yet, but a drop was coming.

If the growth was organic then the bulls should push back the bears and recover.

To be fair, it's not just bitcoin who suffered a major correction today, almost all of the crypto coins are also going down more than bitcoin.

There was a lot of support/resistance going on, specially when we breach $8k. But that was it, no more money coming in the market as investors chooses to pump altcoins by that time. So it lead to the price having a pullback. But I doubt we will go below $7k levels, the price is holding up at $7.3 so there's enough time for the bulls to push the bears in the next coming days.

At this moment, the market is doing a correction and I knew it was coming :). I have watched videos on youtube that is why I knew this correction will come. 7500 is the major support but it quickly goes to the bottom of it. Its hard to say but for me, I predict that Bitcoin will go near the 5-6k$ in the next weeks.

This is not a bull run or a bull trap. Its just a small price increase followed by a correction and that is normal already for crypto market.

You can choose cashout if you really made profits from last year's investment but I guess this is not the right time since we are gaining prices in the recent days and reaches good price from last years bottom price.

There is dump on the price after we reaches $8500 for the last two days and predictions says this is just the correction and if we can again break the resistance on $8400 we could climb upto $9500 to $10000 by end of this month.

There is a good article about the 4.3k to 8.4k bull run. I think it was on the bitcoinist.

It very clear that it is too early to cash out now, if you are a long term investors, you might just have to wait a little longer because this price of bitcoin now is just the beginning of bull run, I know we are being careful because of the mistake we made last year, lots of us expected more than what we saw.

Right now, we have not really seen the bull run and I am sure this is not a bull trap, because this value is too low for the players to back down from, the will still push it higher to value that will be above the last ATH, but if you think whatever profit you have now is ok, and you wouldn’t be full of regret in future when you see a larger increase, you can cash out.

No one can tell you that, even if some people will say that "buy now, this is the dip we are waiting", you will still not believe. Just like what happened around December 2018, when the price of Bitcoin dropped around $3,200, some people are still waiting for the dip that time, but the price now almost x2.
The best to do is do your own research, try technical analysis, use the chart, compare the history prices or fundamental analysis or about positive news.

What are you looking for if you spend money for investing in cryptocurrency?

If you find for looking instant rich then this not place for you maybe you should fine a lottery place that can double your money with a thousand fold.

However, if you find for long term profit and you have known with potential side of cryptocurrency then the preconception about bull trap or anything that headed to negative line you should leaved it. Because the price cryptocurrency will always like that, I came to know about cryptocurrency since 2017 ago and until now the movement character of cryptocurrency was same.

Most of the users have similar misunderstanding of getting rich through bitcoin instantly. Also this is the reason for the increasing number of scammers as well people getting caught into the traps. With cryptocurrency it is our responsibility to be more observative and make the right way of investing. All time is good for investment when you have got the patience to hold and profit, even with this it is suggested to invest when the price is low for a better profiting.

Yes, we shouldn't completely rely on the others because we have to research ourselves about the market and fluctuation. It is our money we have to choose a wise decision and wait for the bitcoin price to drop. Many people will tell buy now it is the right time to enter. Research is always good for long term investment.

Many people experience confusion now, why don't you see the market and see if prices will fall or go back up? or at least you can sell half of it to recover because of your previous loss? there are many strategies and plans that you can choose.
I'm sure a lot of people will sell when they think the price is already high enough, and of course the falling price will definitely happen, as happened today. many people sell when the price breaks through $8k as I'm predicted. my advice if you go for short then sell it if you have seen a high price, dont let that chance gone

If you look at the real volumes of good exchanges, and not into the kitchen, you will see that they are very small relative to such growth. This means that someone is winding up volumes and trying to raise the price of Bitcoin. But the correction is inevitable and maybe it will be very deep.

What assurance do you have that we will still get a dip, and the price of bitcoin will not continue to moon from now on till we get to ATH? many people have been speculating this dip since bitcoin went on a bull run to $5k, some said market were already being overbought and we will have a pull back to $3500.

$5000 passed and no dip, same thing said at $6k, it passed and no dip, and now we are still repeating same thing that is never going to happen for now, even if there will be a dip, it will just be a little one to serve as price correction, but I think what op is looking at is to cash out completely.

Is this a correction or a sign of a bullish momentum?
There still a confusion to my mind because the catalyst may not be an impact for the market. However, a lot of expectations coming from amateur and pro traders that this year will be a bull market for cryptocurrency.

Let's hope that it is a bull run not just another bull trap .
The investors or trader has already suffered too much from the crash events from the past.
But I think this is just a correction and after this we would experience another slow price increase.

Nobody can make the decision for you, it depends on your term of investing and how good you can analyse the market situation to make short term trade, if your aim is long term then just buy and hold it, but if you are aiming for short term maybe you need to wait for the dip a while, this fast rapidly rising will have the pullback effect

With the current price movement, I believe it's a bear trap.
The market was down for over a year and there are no chances of market going any lower. The market had been preparing for a bull run for over a year now and the current fall in price is probably a bear trap before a long bull run.

Set how much profit you want from your investment and cash out when you reach it. You should avoid getting greedy and wait for the top price because no one can tell you exactly when will that happen. Always base your actions on your goals.

We're not sure about this It might be a bull trap if we're going to refer the current market status to the last bull market which also have a bull trap before the real bull pump but it might be a new path and not like the last path so it might be a real bull today.

It depends on us if we're going to take risk in order to earn or be afraid today and regret in the future?

I guess that he is a bit too late to sell his bitcoin because if he sells right now, his profit will not bigger than before. We know that the bitcoin price has already touched more than $8k, and that is the best price for him to sell bitcoin. But if he is late to sell at that price, he could still sell it right now while the price is at $7k. Or he can wait for a while until the price can increase again at $8k.

I strongly feel that there is gonna be a bullrun this year, but for now for the day traders this would be a bulltrap if they don't be careful, regardless of that we just reached the I would say lowest support $6000 from the $4000 which indicates the massive good movement of bitcoin that just still can do more with the right time.

I'm thinking also this present bull can be a trap with the way we have sudden drop in price. Today's drop I think is the second time since this month run. I saw price drop from $8200 , down to $7,220, this is a very huge margin. I'm still wondering the next move now.

That's a big question mate?
Every time will be a trap especially when we are in the wrong timing or in the wrong choice of coins to trade. Our market today isn't in the good start but it eventually moving forward before the start of the 2nd quarter. It keeps on rallying but I've never known what it happens today when it drops unexpectedly.

it possible to move to around $5893.testing resistance that be support no.and if this level unbroken in my opinion bullish movement confirmed yet.and bitcoin ready to move to $11937.

of course when you see the price fall from 8200$ to 7000$ at this moment, then it is a bull trap, we are so easy to be get FUDs from whales and too easy to follow FOMO, this is can be a bad news for investors buy too late, but this is a good chance for us to buy at a cheap price, i still have a believe that the dump will soon end and the a uptrend will come very soon.

Bitcoin is indeed experiencing a good increase, but I see today it is difficult to continue the increase and I think many people sell their bitcoin because of the benefits they have made. As you are experiencing, you just choose which one is the best.

No one can really answer it out yet every each one of us here on this crypto market are just pure speculators or do simply keep
on guessing on what would be the price on next minute/hour/day/month/year.If you do able to take profits or simply sell on above 8k price
then that was the best time yet we have dumped again on 7k level so that's already an ensured profit.

   To cash out at 8000$?! Don't hurry so much man!
It's not the top for bitcoin yet and soon you may regret about lost possible profit.
   I truly believe bitcoin will come back on 20000$ sooner or later and for my taste it's perfect price to cash out.
That's what I'm actually planing to do. I'm going to be totally satisfied, even if the price will continue to grow.

Taking profits at $8000 and buying back at the current price of $7058 could have been a wise trading decision and I know many traders has done this already.  Making profits from cryptocurrencies market take some smartness and skilkfulness and therefore I don't see any much thing in complete holding.

I won't go long in this post, keep it short and simple to make it easily understandable to any average trader here:

Summary:

BTC was stable at $6.5k a few months ago and then it suddenly dumped to $3.1k we called as a serious correction there. Nobody actually understood the theory behind and just started off moaning like they lost this and that. Come on, it's trading and there are 95 to lose for those 5 who make it. After this, BTC started back showing some greens nowadays (which already took it over 2x) as there are a lot of great news and technical signs going hand-in-hand. But the current dump showed that bears can still take control any time as they know that with leverage, they can make much more with lesser price of BTC than going for long.

Conclusion:

To what I've noticed so far, BTC is still amidst the play between the bulls and bears but looks relatively bearish over bullish, so I guess that even if it's not a bull trap, there's still much room for BTC to get back down for some time before it actually explodes to some unbelievable levels (some which we already touched and the next ones will be above ATH). People will get one last chance to get that cheap BTC and I suggest that if you didn't buy BTC when it was playing between $3 - 4k range, it's better to stay away and wait for the correct entry point than buying it for such a expensive price tag currently.

Lol, that was not really a short post. Thank you and I really understand the whole content of your short post. :D

Well, we have a different interpretation of bull run and or even a trap and you're right it is being nice that you include your Summary and Conclusions. For me, nothing who can predict the market what is really happening in the next coming days. If that Bullrun happens then we could say yes, but if that bull trap we can also wait and hold our investment because that is not going to expire. In short, no one knows what will happen so don't conclude that is a bull trap.

both the thing are possible but the confusion is going on my mind also like you but mostly I think getting into the cryptocurrency will always useful for the future that's why I suggest you to invest now it is the best way more than getting out from the field.

I think this is a bull run, we all witness the amazing rise of the bitcoin price in a very short period of time, and we all know that we are from the very huge dip. We need to make  trust and learn from the past few years, because bitcoin really didn't fall into zero value. We need to make a decision based on the past experience, i still believe that in crypto patience is really important.

I'm with you, I am also seeing the current trend as a bull run, not a bull trap.
The recent decrease of price cannot be identified as an action for the bull trap, the correction happen, some people sell but we are still here at a good price.
We will be back up soon, and that will prove that the bull run is really here now.

One year is enough to experience and understand how the price of bitcoin move, it's bullish now, so it should end on a bullish way.
Last year's complete bear run happens, so we should be optimistic at this year.

I want to believe that this is a correction that would result to further bullish momentum, as if I knew that this correction was going to go this dip, I personally cashed out some of my funds, although not all, which I have now used part of it to buy at the dip price again.

The remaining one left is still on hold for me to watch the price direction furthermore to know if it will still continue to go down so I can invest the remaining balance that I have left with me. This market is one that no expert can relay boast of predicting as everything I feel we do is guessing, so we need to have strategies in place for us to survive in the crypto industry.

Yes, it was stable around that price, but I'm sure you've heard about the the hash war between BCH and BSV in November 2018. That is the main reason why the price feel dramatically. Those supporters of the those dump bitcoins in preparation of huge war, we may call ourselves, collateral damage that time.

But if we will wait then we might miss the hype train specially if the price won't go that deep. Hard to see what will be the correct entry point though. I guess if you have funds and willing to buy then you might as well go for it instead of waiting for the best entry point.

bull run now already set after in only few days ago we see bitcoin price rise more than 50% from its lowest price.and if now we see price goes down it just correction in my opinion.we trust and we faith and we see market recovered now.

Indeed, in recent weeks the price of bitcoin is rising, but I also don't know it will later become a bull or bull trap, but now I see it is possible if this is a bull run.

Why are you confused? I think you can cash out in anytime especially if you can see your coins have increased and that will be the right time to sell the coins. You need to have a target price to sell so you can know the time to sell but if you don't have the target sell, then you are waiting for the unknown time, and you can not make a decision to sell right now or still to wait. That will make you confuse, and you will difficult to make a decision.

I think the increase in the price of bitcoin is not like a trap, but the increase in the price of bitcoin is due to the influence of the good news that makes the demand for bitcoin prices soar.

So what's the good news that can increase the price of bitcoin this time? In fact, I only know about the bad news that happened in hacking attacks at Binance, after the news spread there was no major correction that occurred and precisely the price of bitcoin was able to soar. So not always good and bad news will affect the price movements in the cryptocurrency market and this time it is a very good bull run and I don't see any bull traps this time because the trend will be very good this year.

We didn't had any big influencing news about the crypto currency but still it causes the prices to go higher which is due to the long wait for bull run in my opinion.No chance for bull trap since we didn't face any huge dump,these are all just corrections.

I don't think it was bull trap. But may be big whales are playing around it. Actually no one can say exactly what will happen. In my opinion you might use stop loss if you are worried about loss. That's your fund and you have to decide what you will do. We just describe our opinions. Overall market trend isn't bad and you might wait few days before sold your coin.   

It's more of the news now that affects the price, due to BAKKT recent news and today since no other no news update regarding the the price seems to decline.

I think it's a pretty tough choice right now. It is unclear how bitcoin will behave further. As far as I know, the market always goes against the crowd, so if you see everyone saying that bitcoin will grow, it means that it is likely to fall. And vice versa. Of course, this is not a reliable sign, but still there is some truth in this.

I am more inclined to believe that bitcoin will still fall down before it grows. Of course you don't have to believe me, it's just my humble opinion. But I think we need to wait a little longer.

In my opinion, if you want to continue to make a profit, choose a short trade but a small profit, rather than having to choose a long trade that is still gray.
I think, now the market bears the right time to trade.

IMHO bull run has not started yet and current pumps are just show off by the crypto traders. A bull trap is originated to combine the traders with an idea of uptrend bias. Prices are not stable so it is not the right time to go all in by the risk lovers.

Usually a higher dip is been experienced before the graph sky reaches. It is something which was been expected by a lot of peoples including me and I individually bought some more coins at the dip so it does not really matter me know. The price is surely going to reach moon and so I will hold in any market conditions.

The dumpers tried their best but could not make the price for bitcoins reach bottom so now let's see how high the price for bitcoins would be taken by the big whales. Huge bounce can be expected as if the price reaches a good dip, the big whales fill in their pockets which is a good sign for all of us as it would take the price for bitcoins to the moon.

There is a bounce today, bitcoin is up 7% as we speak. https://coinmarketcap.com/currencies/bitcoin/
And, we are close to $8K, so I don't think we will not breach this price again and once we breach this, price action that is uptrend might continue.
We have 11 days to complete this month, I highly believe it's possible to reach at laest $9,000 since $10,000 is not likely to happen.

Correct, was surprised to see the price goes on a spike. Last time I checked before I go to bed the price is just around $7300 and then when I woke up, it's $7700 and now $7900. I think we will have this run up to $8400 again before making another healthy correction.

So let's see how it goes, I'm sure everyone is happy waking up to see the price climbing back to $8 once more.

I think currently the market is not in a bull trap phase, it is rather an accumulation phase. We are slowly heading towards the bull phase. We may see some corrections on this way, but if anyone is really wanted to invest in bitcoin, then he should buy something on every correction and in the end he would have accumulated  a good amount of bitcoin.

If you already profit, cash out is good to do. Especially if you losses a lot when price really make a lot of people suffer. But if me i keep hold because i think this is really bull run and not only bull trap.

Right. The fact that this run is sustained this long and the correction of roughly 1k the other day didn't drag the market down, i don't think this is any trap anymore. If it is then there should have been massive selloffs instead of the price recovering quickly back to 8k. If you're in profit then go ahead, it's always ok to cash out when you're in profit. But i think we're just at the start of good year.

This time for cash in, don't be afraid to buy bitcoin now because this bitcoin will reach the higher price level before crash again. No bull trap, the market normaly go up and down, but one thing that you have to keep in mind is the price of bitcoin is still tend to rise although the volatility is very extreeme.

You must be ready as always to risk because the cryptocurrency are volatile and unpredictable,but I am sure that we are at bull run now since we had marked a more than 100% growth from the 3,000$ level now we are at $8,000 so basically this can prove the bear has already gone

But it is your call on how to manage  your money,if you are not convince about the bull then better to step off and never invest in this market because this is not a right place for coward and not trusting the currency he might consider to purchase

No one can tell, but I can definitely tell that it will be no time you should be all in or out, there is always theoretically some points you should be all in for sure but in practice making such decision not different than gambling.

We are in cryptoworld everything can be change since Bitcoin is unpredictable it can be pump or dump anytime, bull or bull trap.
If you ask me what my analysis to Bitcoin well I will answering you thatwe already in Bull run just take a look on the market from $4k it pump to $5k then it touch the $8k level, if you want to invest then invest now no need to be doubt.

Or maybe take profit and then split our profit again to buy some. I mean capital need to take first, then split profit into 2 and then use 1/2 to buy coins. Maybe with that our capital can be safe, and we still can feel some profit.

We have seen this kind of movement before, so I don't know what people are still surprised with these kind of movement. There will be always some traps along the way. And it's really up to us how we are going to adjust if such predicament is presented to us. If you aren not comfortable about the recent changes then, get out and book profits so that you won't fall for the trap.

I don't care about traps I play to have long term profits and don't care about pullbacks that last a few weeks or a month. They don't matter in the big picture.
I took my first profits this year at 6000 and I don't regret it. I didn't earn as much as I could but it was enough especially after months of waiting.

Don't regret if it goes down and you buy. We are in a bull market you won't be a bag holder this year.

I think it is better to just hold it until the real bull run start or OP could just sell some then buyback again if the price goes down. By doing this he might have gained some profit from his previous trading. And also OP please look at the chart always on how the market flow so that you can't carelessly sell your coins in lower prices.

There's no confirmation that this pump is a bull. But I'm certain to take profit of this pump. I had good profits on this, somehow got $300 from this. If this will continue, I think we can consider it as a bull run. But, having these kind of pump since April, I think this is a sign of a bull market.

i wouldn't call out a bull market at the current state. But things have changed and the bear market seems to be going to an end. There is still a possibility of a "bear market rally", and later price will go down under 2800$. But i'm really confident after the latest news and adoption on every corner that we have seen the bottom for this cycle. 8)

The waiting has just turn positive as the price of Bitcoin has started growing again. The nature of the sudden dropped caused many investors and holders to panic, but seeing the rising again has made hope rise for another "All Time High". At this time, i will predict above $11,000 before another drop, just my little cent.

It really early to call the current market a bullish or bull trap market since you're still in the middle if confirming if the market was totally bull run and it early to decide the bear is over cause the whales can manipulate the market just like it happened before Friday of last week by if the surge continue for a month then we can decide that we're experiencing the bull market.

I will understand your feeling last weekend bitcoin goes drops quickly at almost 10% as human difficult to control emotion speciall if the experience and suffer loses during the bear market.

That dump will cause panic to the newbie or those who don't understand correction.
Bitcoin is back up now, we are seeing it's stable price before it was dump through correction and I think we have good support at the current price.

Lowest low's we had is $3200, the current price is $8k, so that is already a huge jump and that is a big gain already. So personally, we are out of the bears for now and I don't see the price going to $4k-$5k mark. We still have a long way before the end of the year, so we are still looking to at least $10k.

The bitcoin may continue to increase or have made its increases because it is always producing a high volume of operations, that is, 24 hours a day there are always people moving the market, so the Strong Hands do their strategies in a way that they can have a lot of profitability, given that they are the ones that have the money to be able to emerge or emerge the esepculative market, often in 2018 the Strong Hands took as a primary strategy the purchase of Bitcoins, so what they did was lower the price as much as possible so that they could buy as many bitcoins as possible at the lowest cost.

This strategy was very good, they managed to end the offer at low levels, and made many operators distrust their knowledge as traders and delivered many of their cheap bitcoins.

Now the market is taking other courses, they are testing offer at higher price levels, and therefore the price logically goes up, because the supply was finished in the market when it was at very low price levels, now movements are taking place On a large scale, raising the price, which has caused a normal setback in the market in the last few days, we now have to wait for movements to take place due to this, since the market is in a long accumulation phase.

The current market situation is very unpredictable. Nobody can tell what would happen next. In my opinion, when you are dealing with crypto, you have to take some risk to gain high profits.

Time is out of a bull trap. Now it's time to Bull and Bull until 2020. The market is growing up to save McAfee's D**k. I hope the bull continues and hit the McAfee's target like did before.

But if you believe on the future of crypto, you will be relax even seeing the price is very volatile.
It's unpredictability makes it interesting especially for the traders because with good price prediction, they can make money on it.
 
Market is volatile and that is the normal movement for now, some big dump could happen, but not something that should cause panic  to those who understands the norms, bull or bull trap, we have to make decision now, and that decision should render us profitable.

See each one has their own predictions about the Bitcoin, whether it will cross that price or not we don't know but with the potential, it is showing in the market might cross the value of 10000$ but before increasing the price we might see the downfall of the Bitcoin which makes many people kept talking negatively about the coin. Instead of panic, we should keep strong holding the Bitcoin.

For individuals who needs money now or are nit long term investors, I think they can always cash out anytime the price goes high, as you can see yourself that market will always go high and low and the opportunity to buy low after seeking high will always come,.

Any investor with small fund can just cash out, take its profit and wait for the market to dip again for him to out the capital back, but they should pay attention to what I said and not miss quote me, that is why I have a clause that this is suitable for those who are not long term holdler because this method of taking profit can really make a long term holder miss the big profit if care is not taken.

Listen, whoever consider it a trap then he may not do make money professionally but he will always trade in fear and risk. The current downfall in price is not much serious but the price has recovered again today which is 7984 US dollars. The increase in price shows that all the traders who believed in the Bitcoin and hold their coins are now in profit again so they know that there is some chance to make it.

It depends on investments. You should take into account the prices of altcoins during the time you bought them and their costs now. If you see that the returns can be great, and you need money urgently, you can sell alts. I am going to hold crypto longer.

Honestly at this point, I think we just have to learn to take risk but a reasonable one, because even experts cannot tell exactly what will happen in the crypto market.
The only thing I can guarantee about bitcoin is that no matter the risk we take now, our risk will in bitcoin will be worth it in 2 or 3 years’ time to come, but for other investment in altcoins, one cannot just take risk in them without carefully studying their market and having full assurance that they will survive in future.

I know bull will always manipulate the market, but no matter how much they manipulate, bitcoin too has some genuine factors that has the ability to increase its value in future.

if we use cold or free money in our investment , we should not confuse about this thing.we will not panic and keep holding our assets till it give us profits.personally i am still hold all of my crypto assets.

If we just keep holding without any specific value to reach then we might not get any profits or the profits we are supposed to get for that atleast have some target value from your purchase price then later sell half or some part of the holdings for cash and just hold the remaining longer.

I see this is not a bull trap, this is a real bull and this will continue until 2020, so if you think this is a trap of bulls I think it is inconsistent and we should see this bull in the near future.

Occasionally price will go down, like it did couple days ago when we saw a drop to 7300 dollars. Bitcoin never had straight line to up, it`s always some rising, some dropping, it`s what make people to love bitcoin trading, there isn`t anything else that can wake up adrenaline in you, especially when you have bitcoins and you trade with them.
We will see what will happen, be ready for everything and only like that you can survive in long term, prepare yourself for every scenario, only trap we have is in our heads.

I can't fully agree. For me this isn't a real bull run. Price will continue to fluctuate and some corrections like this the other day will continue to happen. Price will not go only straight fiorwadd, this couldn't be expected and to my opinion there is still a long way to go until Bitcoin reach 10000$ or more again.

If there is any physical asset to exchange for cash you may use that in your hard time. Please do not loose the money on investing it over any cheap coins after you sold and got the money. Better you can hodl the coins as long as you can.
If there is big needs or big price falls and breaks the last peak value then you may sell your bitcoins.

Long way? I am more optimistic now that $10,000 will be achieve soon.

What Bitcoin needs to do is just break the barrier or resistance and then we can sour high.
W have stayed at this price longer already, but we never go down.. hmm. we did once but easily recovered.
Next price action would be pump, then reaching $10,000 would not be that hard anymore.

Exactly it is far easy said than done. What I prefer is to keep my head in the tent with my feet out of the tent. One should withdraw the profits when there is a rise in the market value of the coins you HODL. With this, the coins you HODL should not leave the market for ever for there could be more addition to that. This is a good way to make money in crypto.

Often to experience any downfalls but it is a part of crypto journey, we get into strong because of this things.
If people are thinking that this a bull trap, then let be. That's their market interpretation and can't push them to believe of what we think to day. Either this current trend we have is a trap or not, I will still accept it no matter what will happen.

I wouldn't say trap, because understanding that context, a trap is something that's leading you to something good on the outside, but totally different and ominous on the inside. With that definition, I wouldn't say that the current bull run can be treated as such, because in the cryptocurrency market, I can say that what you see is what you get. The value it's been running now, is not like baiting us to invest in it, only to see our investments fall apart in the end. We all know, by now, that cryptocurrencies have that trend and tendency, thus, as much as it is gaining now, we still have to plan ahead and not be complacent to be not be baited in the so called trap you're speaking of. I think, if you will stay in the comfortable place it's in right now, you would have to regret that later when it begins to wane.

I don't really think this is the right time to cash out. It will be best if you can still have more patience, though another thing is that I don't even know when you invested your money. When you invested your money is another thing you should also consider in making this decision. Let me assume you bought at $3000 - $4000, then this shouldn't be a time to cash out cause you're still holding some profits and even if the price drops down to $5000 you're still in the position to cash out with some profits. But I'm very sure that the market is not going to crash at anytime soon. There is still much time and the market is still going up.

Well,  if I were you better for you to buy now before its too late. And besides even you don't buy, for sure in the end you will oblige to buy, so which one do you like? Because, in my opinion better to hold more a little bit of your coins, because if you cash out it would be a trap for you which in the end you will regret and blame yourself why you do it?

Buying now is recommended as the bullish trend has  just begun, losing last year should not stopped him from buying now.
Making the right decision is what makes you earn, and if we accumulate now, we are not doing it at peak, we are doing it at dip.

Bitcoin has rise already, so you can consider some altcoins as there are more altcoins in the market that hasn't increase yet and might increase at this time.

Same here too, bull trap or no bull trap, what is more paramount to me right now is that fact that the bear market is over and we are now in a bullish trend which I know that this bullish trend will not come without its own challenge because the bears will fight it too.

So the best way to stay safe is just to continue holding our coins till we see that the bulls have completely gained the run space. Before the bull can completely gain 100% dominance of the market will be towards next year, while this year remains between green to some level but not the bull peak.

I was not prepared to believe it but after seeing the performance since April and even the way it fought the crash of price that happened so suddenly and took everyone by surprise,,, I guess now I will say that I can change my mind about 10000 and with more than half of the year left to see this out, I cannot see why not? It is closer to 10k than it is to 5k.

Not that much complicated but traders are having a great time in the current market conditions of Bitcoin after the price movement. The focus of traders is to sell their coins after a 1k dollar increase and they are doing so making profit but some traders are not doing that way. They are holding their coins to let the market shifts into a complete bull run as well as they are also looking to buy some more coins.

We all have our profit target, it depends on when he invested and how much he invested before we can really know if it is really right for him to cash out or not. I know that a lot of us would always advise that they stay till ATH, but we have some people that invested heavily already when the price was like $4000, and imagine someone has about 100BTC as investment then , which means by now, he should already be having about $200,000.

If this investor does not really want to be greedy, I think at this point he can cash out, and then maybe when he gets the opportunity to buy dip again, he can then use his profit to continue with the investment if he likes.

That is what we all want to know and in my opinion we are not in a bull run and we are not in a bull trap either, this to me seems more like a correction, the price of bitcoin that we have been seeing during the last months was not real, I always thought that any drop below 6000 dollars meant that bitcoin was undervalued and it seems I was right since the recovery we have seeing has been swift.

If you want to cash out now you can do it but I do not see the point of doing something like that since it seems the negative trend we have seen during the last year is reversing and could culminate in a bull market during the next year.

Well now that bitcoin price is $7500 and also hit the $8k price last few days ago I think we called this a bull run but of course if you still confused always look the market chart and observe so you will know if it is good sell or not.

For me,it's still best to hold more our coins because i think the market will not make a serious dropdown of price but only a continuous growth in the market.But if you think you can already make profits with the amount right now,then go sell your coins but don't forget to buy another coins because there are high chances now that this market will even reach high peaks in the months to come.

I also notice that the bitcoin price wont drop hard anymore  instead it only drops a little and then it recovers after several minutes or an hour  .thats why i will also recomend others to continue hodling because this is a sign that bitcoins value would continue to increase and pump more in the upcoming days or weeks  . Selling now is not advisable because the value isnt that high , you can make a profit but that isnt satisfying at all  . So its still better if you can wait for more .

definitely it seems like the real development so the investment is really needed in this situation for everyone to get the success in the future otherwise if the market suddenly go to the moon then we have to miss the opportunity again.

For me it's time to cash in more money to buy bitcoin. I was look at news still positive coming.
On the crypto market, I see friend on my country buying place are hugh and new investor day by day registered on my local exchange.

I'm sure this is a real bull, too long to enter the bull trap and maybe it's the right time. but it must require a lot of processes for prices to be stable and up high

Technically the wrong time to put your money in the market is the bull run. The price is rising now and people are going to start selling sooner or later. A corrective crash is sometime happening soon though what happens after that will be depending on the relative proportion of bulls to bears. So this price is not the point to buy. 8-9k USD would be a good selling point for those who bought at 6k. That 6k price was steady for several months so I am expecting a good drop. Last week also saw a drop at this stage but there will be more people selling this week.

Lets hope for the best. Hope you got your seat-belts on.

The best way to really earn much now is to trade, holding is not bad, but once we decide to be an holder, we should then not join the group of people who are always worried about the price of bitcoin dropping or not because bitcoin is already in uptrend and it will surely one day set another new all-time high that will be far greater than the previous one.

For traders, it is not so difficult to really make profit now, we just have to learn to study how bitcoin behaves at every point, for now, it’s obvious that bitcoin cannot go below $7k again, and since it shuffles between $7k and $8k, we should always plan to enter at $7k and the sell at $8k which will be giving is that $1k profit each time we do this.

Not really. Unless you are some whale with access to more than 10% of bitcoin supply worth of coins.

This has nothing to do with being in the technology and making profit. A bear or bull market is only price index, nothing more. It denotes exactly nothing other than the price being speculated by hungry traders trying to make money by pumping and dumping. They literally dont care about their asset's future value but only in their monetary gains. The current market price is hovering around 8.2k trying to go both up and down. Better to wait a few days than buy or sell.

Are you still holding your investment from last year or did you sell to buy back again? If you sold your coins to buy back later, then you should consider at what rate you bought now and that can help you decide what actions to take next. But the market has been doing well recently and I don't see any reason why should quit now.

Lots of coins in the market has been doing well and that includes Bitcoin, Litecoin, Tron, Eth and a lot of them, they have just be doing fine recently. Tron just had 13.7% increase recently, even more than that by now. There's been speculation that there is going to be a bull run, and the way things are playing along, it's likely that is true.

For now, people have different opinion on the market movement, but I'm pretty sure a lot the bearish people are already bullish now.
There is a good price increment but we cannot prevent some correction as that is necessary, this is a healthy correction that will make the market stronger.


This time we need to HODL more, we successfully hope in the bear period, this time would be easier for sure.

At this point bitcoin is surging up beyond 10k USD. This wont be a good time to buy but a good time to sell before it crashes. I hope the OP got an idea of how to manage his money in such situations.

You have to think in terms of the newer investors as well. They are all trying to budge in fighting for a reduced price in the exchanges looking out for brokers. They are doing this because they see a future speculation being positive about bitcoin. They accept the risk and so they invest. You may not always get a low cost for investing but patience is the key here.

Not everyone is good at opportunities. We have people who cloud our minds with wrong thoughts. This is more likely to happen if you are ignorant of the basics and dont have a proper grip of the market psychology. Sometimes people need to go back to their fundamentals and analyse the market even though technicals only tend to be 50% of the real outcome.

Trends are not that easy to detect once set but having the money at hand to go in for the big deal is tough. Traders will often find themselves broke and with nothing at hand because of the lost opportunity and that is often a dreadful thing.

It seems that this run is sustaining for some time now. I can see still see bitcoin hovering above 11.8 k USD mark and not willing to come back or down. However there has been both bullish and bearish impulses coming to try to move it from this position. I guess there will be a uptrend soon because other bears would get emboldened and the market will crash. Bitcoin was overbought a few days back and this subsided by this stagnancy.

Currently people should hold and place buying orders at lower prices.

I hope that the scaling of the cryptocurrency market should be resolved this year, as well as a significant reduction in transaction prices is possible. I want all cryptocurrencies and this should in any case positively affect cryptocurrency prices.  Because if you take into account that in 2018, many miners turned off their equipment due to the fact that the prices for transactions were too high and it was unprofitable to engage in their activities.

well, at this point of time we are seeing some serious bearish signs
again, it depends from your perspective. short-/midterm it's likely will be a correction
longterm - bullish af  8)

At least provide us some graph to back up your claim that we are in a "serious" bearish sign. Are you saying this just because the POTUS tweet his anti-bitcoin stance? lol. The price is way above $10k, and as for the price fluctuations, it is normal to see that kind of pattern in a bullish sentiments. But I would have to agree that it depends on us and may be very different for other individuals whether they are here for the long haul or short/midterm only.

The price of bitcoin remained above $10k and still bullish if you look into its month time frame. Bulltrap is false signal where a convincing rally reverses and breaks a strong support. It will surely followed by a correction but the drop will not be deep and boynce back again later. Try to study the chart and some technical analysis, it will help you in identifying the different trends in the market.

We should look on months to see the whole picture, because we will just judge based on its one week performance, that would result to unrealistic judgment and we might think that it's a bull run since in the past few days there's a significant dump and just today, BTC dumped 10% more.

It is difficult to say that the last ascension period is literally a bull period, but it may be unreasonable to compare the bull trap for this uptrend. In particular, we understand that crypto currencies other than Bitcoin have lost considerable value and that Bitcoin has gained significant market power. But there is a case that this upward trend is not a trap, but a big fluctuation. I mean, I don't think it's too early to say the trap, nor to say that the bull era has begun.

Interesting to see a dip today, never thought that the price could go below $10k, but hey everything is possible in crypto market. But I think this is just a healthy correction and I'm still under the impression that we are still in the bullish sentiments, this is just another bump in the road.

We are optimistic, so we will just think it's a healthy correction and price will soon recover and will stay at over $10,000.
The last few months in the market is bullish, so we got used to it and we don't see this one coming, but it happened and we have no choice but to accept it.

the values are simply getting better so that it will seems like the Bull run only and I hope that development is continuously happening then lots of improvement and changes will made to achieve the value that we are expected and the profit is also available for everyone so I think it is the run only.

We are here again, bitcoin starts to rise and easily getting back at $10,000, next stop will be $11,000 and we don't need much time to enter that price again as we fell from $13,000. Time to be more optimistic now as the effect of trump's comment is already one.

It will just be patient for more. We will see bull run will come, and the only things that we can do right now are waiting for a while as you said. But maybe some people will call this a bull trap because bitcoin price is not increasing too high, but then the price is back to the lower price. So we need to be careful to buy, and if we think that the price cannot increase higher, then we need to sell once the price can go up for a while and we can wait for another downtrend.

Always do what you think is right, if you think it's already a bull run, you have to be calm and be confident as whatever price dumps are just pure correction. Enjoy the volatility of bitcoin now by taking advantage to it, if we can day trade, we are at a good timing now.

Today, bitcoin brings very good benefits for traders who are engaged in daily trading.  Of course, you can take other cryptocurrencies to your attention, but the risk of loss increases significantly.  Due to the big mess in the cryptocurrency market, it is very difficult to get good test results with which you can make profitable forecasts for trading.