Bitcoin Forum

https://i.imgur.com/OSAMDYb.png


Some of you noticed this type of technique and most of that people who knows have the most calm and smart way of trading. As you can see on the diagram above, you will notice that bitcoin for example has a cycle which happens all the time like what happened last 2017 moon, 2018 drop and possible another 2019 moon. This technique are usually profitable for hodlers and traders.

This is how it works. If the value of the bitcoin for example has reached its peak, don't buy any of it. Wait until it goes down fully into its peak. After you noticed that it is already consecutively increase, its now time to buy. If you are not sure about whether its now time to buy or not, its normal. Remember that you always have a chance for another cycle.

Now, If you want to play safe, if the value decreases consecutively and become stagnant for a while, buy some. If it increases then sell it at once. Trading really requires time and decision making. If you know how to do it well depending on your technique then it will work well.

To summarize it all, Bitcoin always has its phases in a cycle so if you feel that you didn't ride on a rocket going to moon, don't feel hopeless because there's always another cycle to start. Its just a matter of time and patience.

This is the thing newbies doesnt know.Most of us whos been trading cryptocurrency for almost a year or so already know this pattern the rise the down and the bottom.We cant just go pump and pump every month of the year.This is why bitcoins reputation in public is negative because people buy at peak lose money and then rant it on social media saying bitcoin is  a scam and a trap.

When I came back to crypto I only knew a little about it and how the market cycle goes. I went back investing to crypto last bull-market and I was really happy and thought that the market rise will never stop and there's no way for it to drop. As time goes by I looked back on the history of bitcoin price and understood the market cycle.

I totally agree, they put the blame on cryptocurrency being crap when in fact they are the reason why they lost. This happens when a new trader didn’t do there research, they just randomly trade dependent on there luck without really knowing how trading cryptocurrency works. As a result they lost huge amount of money and to avoid criticisms from other people they put the blame on something else and in this case they put the blame on crypto.

When this cycle becomes too obvious, it will stop being reliable. That's the nature of markets, because investors are all operating off the same information. We might have another bubble or two in the pipeline that will mimic the past cycles, but my guess is we will drastically diverge from the logarithmic growth path in the coming years.

My money is on a vertical adoption / S-curve path, where growth will blow all past cycles out of the water.....8-figure valuations sooner than any of us thinks. As an alternative, we could enter a bearish supercycle and go back to double digits. :)

I agree most of newbies expect only the rise of crypto they are blinded by their greed.
They doesn't want to accept the fact that it wouldn't always be a great day even in crypto.
We should always remember that there are always a negative side and we should always expect it don't just focus on the bright side it isn't always works that way.

Looks so easy but the uncertain condition of crypto made the users into confused status about when to invest and when to cashout even if we knows the condition for almost a decade.

By "uncertain condition" you mean not being able to know when the "peak" is really a peak and when the "down" is really the lowest price, right?
It really makes thing a bit harder for those who are starting with cryptos but, just like everything, it needs a time and lots of study to be able to understand how cryptos cycle really work (if we can ever do such a thing lol)

I had also noticed this crypto cycle a few months ago when we are experienced near to bull run. The price goes down a little and after that, it will rapidly upward the price and after days it will fall down again just a little and going back to rise again.
This opportunity has been waiting for the traders so many time, only buy when we noticed that the market dip and sell if the price goes up.
That is the fact here and let's accept that how volatile crypto works.

I remember when my friend told me in the first month, I try trading.
He said that if I want to buy any coins, make sure I can see the red in the price and then pick the number 3 or 5 down from the order buy and place my buy price in that place and don't just make one order buy only but spread into 3 order buy.
That will help me to reduce the average buy price to lower, so I don't have to afraid if somehow the price is down deeper because I already have the other buy order in a low price.
Don't try to place an order when the price changes into a green price if I am not sure on where the trend wants to go and only to wait for a while because the price will always get down for a small price and that will be the best time to place the order buy.

I agree with this cycle. It's simple but it's real and occurring. I have been trading for years and I have noticed that this cycle has just been circulating.
I don't follow any technical analysis but do the simple and basic trading which is to buy low and to sell and understanding this cycle would be a great guide.

It really does look easy, but that's always the case in hindsight. I prefer to focus on the mass and their sentiment, because the mass is mostly wrong, so if you counter whatever they do, you'll be doing well over time.

Do you remember what the sentiment was back in 2018 before we broke the $6000 mark? People were overly bullish and expected a bull run to happen before the end of the year, but they got a massive crash instead.

Similarly, people were overly bearish before we pumped to $5000 and we got a massive pump instead. People were throwing around even with sub $1000 predictions due to the hyperwave squad. How wrong can one be.... ::)

Looks easy to see the image but its hard to apply on actual trade because most of us who are in trading industry confusingbwhen the right time to enter and exit.


But most of the time you buy altcoin at low price but because bitcoin are too volatile the altcoin you buy got make lower so the situation became you buy low sell lower this is so annoying to think but its happen mant times.

https://i.imgur.com/kRQwAP9.jpg

Cycle it is and for us to ride it we must bring a lot of patience as they always says it here that there is no such thing as getting overnight with crypto. You have to witness the struggle that it brings and the good thing if you are patient enough is that you are stress free.

If we analyze properly we will see that bitcoin follow a four year cycle which includes Halving in every third year and the bull run comes in the 4th year.

1st Year-----Bear Market
2nd Year----Consolidation and accumulation
3rd year----Halving and uptrend
4th Year ----Bull Run

It also gives chance for new investors to get into crypto and for traders to grab some profit as well. The problem is some people buy at its peak and sell when its down even if the price is more -50% from when they bought. Then they give a wrong impression about cryptos.

Its so funny that most newbies don't know about this trading circle.  They came into crypto trading wirh the mindset that once a coin is pumping it will continue that upward trend,  so they fail to take profit when due. At the long run they get burnt. If they can learn from this infopgarphics it will be so beneficial to them

Don't you worry because they will learn in a very expensive way.

Specially those irrational newbies in December 2017, then thought that the price would go on parabolic rise and keeps on throwing huge chunks of money, now they got burn in 2018 and 'praying' that 2019 will be different.

So there is the whole cycle for them, they became battle tested in investing/trading. But it's not the end because the cycle will continues when a new set of investors in 2020-2021 will enter because of the new all-time-high, so it's cyclical as well. ;D

Yes. everything needs time and opportunity to always come to us. The most important thing is patience and how you manage risk. I used to be very greedy and used my first $ 2000 to completely invest and fail. I only collected $ 122 from that investment.
Save money and invest in the altcoins you understand about it. Don't invest indiscriminately and you'll have to pay. ;)

Well, I actually believe 2019 can be different.. I am a bit affraid to ask but what can be worse than 2018? lol
If BTC can pass the 15k USD mark by this Christmas (and I trully believe it will) it's already a good thing if we look back at the past 14 months

Sorry for this loss.
Talking about investing in a new coin, this can be risky because it might be a pump and dump coin. The reason people invest in new coin especially from ICO is because of price because it is cheaper not necessarily because of the project. If you had gathered all my altcoin investment into etheruem or bitcoin, it would have been better.

This type of technique is good in the medium or short term, as long as it is being followed by the current market, that is, almost being in the market seeing all the history that is being generated.

With regard to 2017 is difficult, because the scenarios are similar, the only thing is that by 2017 it had already been 3 years of the accumulation phase, for this it is good to see that nothing more has been completed only 1 year since the beginning of the stage of accumulation.

There may be bullish scenarios, although we are not in the bullish stage, but in general terms important movements are taking place, and these are due to massive purchases, it is very possible that new investors are already entering the market , investors that were not there before, may come from the Stock Market.

Newbies should know that they should not ride on trending topics like buying bitcoin when its already at "almost peak" price. They usually ends up panic selling and talks negative about bitcoin because of their experience. They should understand this cycle first and decide in a smart way. The market is never an easy way. You should always think and analyze first before doing something.

Crypto market cycle has been crucial in enabling investors make good money. This is something that teaches us about how to reduce the cost of investment and how to maximize profits. Normally people prefer to stay away from crypto market when it is recession. They do not invest when the price is low despite knowing it is going to be good for them in future upon recovery. This is where understanding market cycle comes to the rescue.

Majority of us are all guilty of this too when we first started this cryptocurrency business, I could remember vividly too that I failed to take the huge money my bounty hunting coins had turned to during the last altcoins bull run.

I was believing that they will continue to pump nonstop since we are made to believe that those projects had real life working products that will make people to continue to buy the coins, little did I know too that things follows cycle, but right now, I have learnt my lesson and I take my profit immediately a coin pumps without any delay, and probably buy back if the coin is still worth it.

You have made a very good point and advise here and I think quoting it out will make it clearer. It is important to be patient in trading, if one chance is missed, you wait for another because it will come if only we wait. It is about circle, price was $3,500 and now trading close to $9,000 presently and some people were patient, waiting for this to happen.

The "pit" part may take longer than you expect it to. That is the part people often mistake, the "pit" is not a place you drop to then just get out, its a place you drop and try to get out multiple times, countless times and eventually you get out however until that time all those get ups are believed to be "this time we will get out" and each time it turns out to be a fail until one is actually up.

That is the main reason why the pit is the most dangerous place, its the place we all want to buy into because we want to buy bitcoin when its at the bottom and then we want to watch our portfolio go up but unfortunately many people mistake those little tries as bull run and buy a bunch of bitcoin and we keep going lower afterwards. That is why be careful during the pit times as well because buying at peak is not the only danger in this market.

Yes, this is a common cycle in financial markets. and it is clear that we always have the opportunity to get rich after many different events. But, the hardest thing is to determine when to buy. Everyone knows that the market always has a loop but determining when to buy and hold time is what makes investors think and think a lot. We need to read more and learn more to choose the right time to invest.

You're right. Cryptocurrencies are very unpredictable, but there are still certain rules that work. After each fall follows growth and Vice versa.

Crypto cycle is great way to deal with everything that stops you from investing in the coins. There might be people who would try to convince you that Bitcoin worth nothing and that you should not invest but if you are a crypto cycle master, you should go for it. The market after sometime staying in bearish mood recovers with good returns.