Bitcoin Forum

Looking at the current situation and market situation of the currency, what kind of mentality should we treat?

You should treat it would respect and don't be too greedy.I think the market is already in the spot where it is over bought just like what happened a few years ago. Some people went buying because they fear they are missing out the chance of getting profits so they bought bags of it then just a few weeks, the market corrected leaving them just loss. I would recommend you to wait for the next market correction before entering.

Greedy is number one trader/investor enemy. Even you are pro trader or who's have long experience in cryptocurrency but if you cant control your self it will damage your plan. Market now in bullish period so we need more control and tricky to entry.

I think the mentality that we should treat is contentment because when you become greed and hope for the high price there is a big possibility that you are going to loss. And there is another treat the we need now this is strategy. You need to plan and be knowledgable when you need to cash out and hold to earn and to avoid loss.

The market is bullish and its slow but steady growth shows its organic. So I would not advice selling of altcoins or bitcoin exhaustively but rather scalp top and bottom to take profits at intervals while retaining your bag to grow along with the market. This is what I would do

The only mentality that put the cryptocurrency market in this kind of mess is Greed and Lack of contentment on the side of investors. Until this mentality is dealt with, the crypto market will continue to experience this downfall.

i have noticed that the views differ a lot among people so i guess everyone has to hang around long enough to gain their own experience and make up their own mind.

for me, i treat this whole altcoin market as a small side product of bitcoin which is very similar to penny-stocks market too and also i see a ton of manipulation in the altcoin market that is the dominating force in determination of their trends and final prices.
so i prefer to see altcoins as their true nature which is pump and dumps and my purpose of involvement in this market is only profit on my bitcoins which is why i only trade altcoins in short term.

this is also partly because i have not seen any decent cryptocurrency project for a very long time.

No other mentality than having all hands on deck as things are starting to great shape again. It is actually time to believe and rise again. A very strong mentality in simple terms.

You should play according to how much you know about it.
If you are a noob or novice about trading holding bitocoin is better than anything else.
If you think you are a great trader, you can profit from intraday trading.
If you just want to earn interest in your bitcoin you can invest in several funds.

I think now you should do some research and after that you can start buy some coins with history which bring good profit for holders in long time, but if you want you can try trade but is risky if you are beginner.

Everybody knows that the market is rising at this point of time and none can predict for how long the current situation of the market will last. But undeniable fact is that the crypto market will not increase for years. Given its volatility, the market goes up and down from time to time. In this context, I want to say that we should be prepared for a fall and rise alternatively. So try to get benefits when the market is rising.

This situation now of the market is getting good and every single daw it rise so now is the best and right time to recover our losses we have in the past year of cryptocurrency ,And to recover losses we need to try investing again but this time we are loaded with knowledge and experience so we only now invest in nice projects like Dencoin tokens so start investing to day to recover the losses you have before.

This is one of the strategies.
Someone likes to buy coins with history. Others want to buy a dark horse and catch a hundreds Xs. And it’s interesting to someone to buy a lot of shitcoins and sell them on pumps.
In any case, now is the time to buy a lot of altcoins for a bitcoin or ethereum, since the prices for altcoins for BTC & ETH decreased in April-May.

I have my strategy and I stick to it
I already bought the coins, I have my portfolio of 8 coins, but most of my amount is BTC and ETH
At the moment I'm just watching the market, no actions required

Maybe when BTC hits 10k I'll need to adjust something, but I'll follow the trend

You know we are all wonderers of how cryptocurrency should treat in different situation. for me i dont think we should create any particular method to coup with any kind of market situation thats too hassle for me! the best we can do is just stay with our course but exercise precaution specially in investing and trading, thats what im doin lately.

If we are talking about the foreign exchange market, then it is necessary to take into account a number of aspects that affect the market, it is also important to decide on which currency pair you want to work on, because there are also aspects that need to be considered, but in any case you decide.

The most important thing is not to be happy ahead of time. Of course, the market looks much better than last year, but you still have to be careful in your investments. But in General, the situation is now very favorable for the purchase. The main thing to do it carefully.

I don't really get what you mean by currency currency market, probably you meant current market? OK, if so, then I think if you hold BTC, for now watch those great altcoins you wish to buy at dips, get some to your portfolio because when they start uptrend, you might not be able to buy cheap. Do not panic buy or sell at this time.

You always need to stay cold minded and calm. Otherwise, the chances of losing your money are getting insane. Just chill out, take your time to take the investment decisions and if it fails, do not regret, but start learning from your own mistakes and try to avoid the same in the future.

I do not think that we have to treat it in a special way. Just take the situation as it is. It is the best time now to wait a bit more, and then, make a very good profit if you invested in the cryptocurrencies before.

Now the situation on the market is very attractive both for investments and in order to retain their coins for selling them.  But as for me, the market is now very chic because $ 8600 for Bitcoin is already very good.

Of course, today's indicators of the cryptocurrency market are very pleased with those users of cryptocurrency who invested in early 2019 or at the end of 2018.  As you have already said, $ 8,800 for Bitcoin is not such an attractive price for investments as it was in early April.  Nevertheless, if we take into account the maximum price level in the second half of 2017, then you need to take advantage of the last chance today and invest your money in Bitcoin.

The kind of mentality that we should have on this market is becoming patient. You need to be patient all of the time because this market is too quick in moving, so if you're not patient enough this market isn't for you. And also, you need to be a good decision maker because every single move you do when you trade counts.

Related to the mentality in responding to the current market situation, in my opinion, there are several points that must be considered:
1. Patience
In this case, patience in responding to the crypto market is very important. We cannot rush to make a decision, especially just following the trend or hype.
2. Avoid Greedy
Maybe for someone who needs a greedy attitude to pursue targets that suit them. However, not everyone can control the greedy attitude and in the end, it can make him fall.
3. Wise
In this case, being wiser is very important to determine which coins to take, how much and how much, and also when the right time for that.
And there are still a few more things that need to be considered to respond to the changing market situation/fluctuations that sometimes make people stressed and panic. Make certain analysis is better and it will be different for any kinds of the market situation.

The key in a trade in my opinion is very large patience in a sale and purchase because because with patience we can learn how to do good trade so that we get a big profit once we are in maintaining this market we must be patient

To sum it up, be smart on your investments! You should know how to strategize to get the optimum results of your trading. As others have already said, don't be greedy as it might lead you to large losses. Small profit is better than nothing.

We need to treat the market with one mentality at all time which is being positive about it, I don't care how the market is going but the main goal isn't to focus on the price of coin in the market but the achievement we have made and we are making in the crypto space, and how we can maximize the technology to take it to the mainstream world, pricing is just a small thing in the space that we shouldn't worry about because it is tired to the goth of the technology, once the technology grows, the price grows too.

It depends on which side you are from if you bought and acquired tokens, then of course wait until your investment pays off, but in my opinion the market goes significantly, which of course pleases us all and it will continue to grow and now is a good opportunity to buy a pair of tokens for a long-term basis.

How i react in this situation is just buy more and more beucase i don't want to miss the train. I'm so believe in this year crypto price will go higher than previous year.

avoiding dumping prices and playing with prices on the market is a good choice to keep the current market situation more optimal. because a lot of people play the price so the market is dumped and they buy large quantities, when their high prices sell in large quantities and that's one reason the market is not stable.

although the market looks positive, be careful. because the decline can occur at any time. many have made good predictions this year, but I suggest that you don't believe too much because the market can surprise you.

I think it is on a pretty good spot right now especially if you invested a lot and you wanted to earn money and only if you chose the right coins. But don't get too greedy like imagining buying some houses and cars. It would be better if you dump it if you really need money. The currency market right now is in a good state and might invite some eyes again.

How how. It is necessary to invest while there is an opportunity. Otherwise, you will want to live a lifetime of missed opportunity. The market goes to the top and I am sure that this will last until 2020. Because there FB will come out and this is a couple of billion more on the cryptocurrency market.

Don't just rely on luck. Learn to do the basics and set up your strategy properly in dealing with cryptocurrency market. Know the significance of fundamental coins and new coins. Every coin is designed for specific purpose. They are not there just to see the ups and downs of the prices.

As a wise and professional crypto currency player, it is appropriate for us to maintain the stability of the price of crypto currencies. The situation of the crypto currency market must always be maintained so that critical conditions do not occur again in the crypto currency market. Actually, I have a simple way to keep contributing to the crypto currency market. That way by staying active on the market. If we play actively in the market, it will encourage other people to play actively in the market so that the market becomes crowded and the balance between supply and demand is easier to fulfill.

we need more knowledge about crypto besides mentality
mentality is very necessary especially when market conditions tend to be bearish
but knowledge is far more important
like knowing what events will happen in the near future (such as ETF decisions, when will BAKKT accept bitcoin, bitcoin halving, regulations and more)
trust me, if you consider yourself an investor then you must have a lot of knowledge about crypto

People always start to invest cryptocurrency or like others stock exchange when bullrun started. We knew that price will increase in few months or years, so don't why we invest before price up. Wait some times will get profits huge than pump times invest so don't treat pump time.

and it is also important to monitor the market daily. Continuously read the news and understand how the crowd will react to such news. and always play against the crowd.

I think you have to exercise calm and confidence and you have to control your emotions while trading because if you can't control your emotions you will always fail in trading

Everybody has their own ways to treat this market condition, especially related to the mentality.
However, in my opinion, the best thing to treat is our readiness to face all kinds of market conditions. We must be wise and patient enough in treating the market because the market is very volatile and sometimes shock us.

Our main goal is patience to wait for the right time to take action to buy or sell, and this is the principle we must do to avoid failure in action. The current market situation is still gray sometimes green and red, but this is an interesting thing for all of us to determine our profit luck. Before taking action, we must strengthen our mentality to be able to mature in making decisions and if we can manage it we will find the best answer.

The best you can do is do some research carefully when you want to buy or sell your coins. Choosing the right timing to buy and sell is going better when you have more experiences.
Also sometimes you have to follow your instincts and don't be too greedy.

Take.yourself.easy do not be greedy control.ypurself and emotion that the right ways to do at this recent market situation

We should accept to ourselves sometime we nervious the high volatility fluctuation of bitcoin if the goes dump. I understqnd it because we all suffered of the bear.market.

To deal with the current market, it is necessary to understand it, know how to identify which are the best options to enter the market, have the full conviction to determine the direction of the market and enter, many times if you do not know it well, because entering the market by gambling is risk losing
Many times when understanding the market, you can make winning decisions, in the style of Jesse Livermore, which, he sometimes said that many times it is not good to enter the market when you do not see a safe entry, sometimes it is good to be out of the market.

A high level of confidence is useless without the skills to back up that confidence, if you are not a really good trader or investor you are going to get scared by the most recent movement in the market and will take bad decisions because of it, the only way to become a confident trader is to read several books about it, create a strategy, test that strategy, verify that it works and finally try your strategy on the markets, until a trader does that confidence will always elude him.

The current market is highly fluctuating. Make some points in the price line. Buy below the lower point. Sell above the upper point and hold when in middle. This way you'd always be having a profit and won't regret much if price went much higher or much lower.

I think right now btc dominance starting fall off and breaking down trend line support, when market like this situation i think we are gonna see an altcoin session pretty soon with very strong spikes. Buy the dip..

Each trader / investor pursues his goals. The main thing is to set realistic goals that can be accomplished, rather than drawing unrealistic dreams in your mind.

We, if too much speculation, will not benefit. it is indeed better to immediately execute to be able to benefit from the market. as many people have said that indeed the market still provides big profits

the treatment is same for every time but how we can execute them in a proper time will result in different way so we need to be carefully invest and take care your investment for a long time if we cross the situation for getting the profit then it will be easy to get out from that.

Hope altseason coming in near future. In this current market situation, i think its better buying and accumulating good altcoin. Market looks already start to bull and if we are buying now, i think we can make profits from price fluctuation

What we have to do now is how we look at the situation of the market conditions in a container whose term can be said, the reaction whose core core is truly fixed on the reaction made by the reaction of the mentality between this party and the other party

It is up to yourself on how to treat the current crypto market because we have different purposes. Some of us still waiting on the higher price, some of us already make a profit from the current situations, some of us still getting lose and they are trying to recover their balance and earn the profit. But one thing that we know that we have the same hope to see bitcoin price increases high and not just in $8,000-$9,000 because we believe that bitcoin price will rise higher.

You are right that now is a good time to buy, but I also think that it is best to buy Bitcoin but not Altcoins. or invest in some ico's

Let's not get too excited with the current market's condition. As you can see, there are many green candles showing the charts and that just means that the market is accomplishing something good rapport between the traders and the coins. However, we should stick with our good mentality with this green market. And that is being an optimistic with our goal and disregarding unhealthy emotions like acquisitiveness and regrets.

Still be patient to wait until the full recovery of the cryptocurrency market and now if we want to make profits soon we need to invest but in projects only like pimoncoin and this project is good and I can bring us profits in the future so try and do investments here.

confidence and patience are the best capital and capital needed in investment and in my opinion the development of the crypto currency depends on its own investors the market will continue to run with the development of crypto currencies

How can BTC dominance fall when it has not even started, whatever you have seen in the past is little dominance compared to the real one. It is not yet altcoins time, there are still months ahead of altcoins seasons. The drop you have seen is just a price correction which I believe you should not be new to.

This price correction might be for a while, but this is an indication that $9000 is possible within the next few days or weeks. So the dip anyone should buy now is Bitcoin and not yet altcoins, because altcoins will still plunge more when Bitcoin starts the very big bull with exception of the top altcoins, those ones are known to be Bitcoin followers.

My psychology is fear, before the whole market is growing in recent months. In addition, in the past two days, BTC dumped and pumped continuously, and not only me, I found many other people have similar psychology.

Don't be overexcited about the current situation of the market. The market is highly fluctuating therefore keep holding your coins, buy coins at a lower price and sell them when the market recovers.

Now merket is up and down.so fast need to setup mind for taking loss or long times investment.then crrent merket any one can successful.

A market situation that does give a little fear and this needs preparation to face. But whatever it is we have to be ready and able to overcome the market that lacks enthusiasm.

The cryptocurrency market is fluctuating currently so its better to psyche your mind to whatever incident which might occur being it good or bad concerning your money. Be mentally prepared for anything.

It is very difficult to prepare for something in this market. I would simply recommend to become a professional and react to everything as an expert

The current situation of currency market is not in the bull mood not in the bear mood. But, if we look at the long ago since the Bitcoin has evolved so we are in the bull market but only for the Bitcoin and the top5 coin. For the altcoins still, the bull has not come but it is the time for investment.

before we decided investing our money in crypto market, we should keep trained our mental and emotion.crypto market was very cruel to us.and it could take our money and mind if we have no good mental.

It should be treated with composure. No need to make rash decisions.

I'm glad that he began to change in a positive way,began to grow and the whole market slowly come to life,and then 1.5 years of winter very much affected the market that many projects just bent,or at the stage of the bend are,another nuance that the projects are that were really good idea,but not a Fig did not work,and stupidly

The most important word is treat the current market with care. If you see your profit, pls take it, else you might blame yourself. Several people want huge profit, which sometimes might result in huge loss.
Yes, the market s growing, but at different points, we experience corrections. So you have to take note of that.

Looking at the current situation and market situation of the currency, what kind of mentality should we treat? In response for this, for me the treat we must have for the currency market was first we need to be wise. Wiser everyday because as the cryptomarket grows, alot of scammer will also grow so br wise of choosing good procject like th Dencoin. Sencondly we have to be patiemce in accordance for our coins to be exchange.

I think that it is necessary to accept the market as it is because to change. We cannot predict anything. We will not be able to give anything because we need to use what we have.

When looking at the crypto market conditions that are growing well, we should make full use of activities. For example, do not miss trading to take profits, and also investments. Never be rash in buying and selling, but must be full of careful calculations. Have you become an active trader? My advice is this is the right time to take advantage of the opportunity.

The best way to treat this current market situation is not to be too greedy about profit. Once you get some reasonable profit, make sure you back out and look into other investment. Don't be too greedy in your dealings.

The growth of altcoins starts already because the heart of all coins started to rise and take the half of its price way back its glory days in 2017,And now that the half of the year is near we expect btc to grow more.So at this time making investments is good if the project we invest is potential tokens like Dencoin that that we expect it until the end of this year that gives us a lot of profits from it,so if you dont haven't a dencoin tokens you can buy in the ICO of the project.

I'm fine with the current market because I understand that it is what it is and I can't help it. I can only wait for growth or buy one when I think that everything seems normal

I have a feeling that the growth of Bitcoin and Altcoins will soon Behold, it will start and we just need to wait a bit to get our profit, but let's see what will happen in the future we want to believe that it will be green for

True, treating the market must be careful and there must be an analysis, too, because the market potential is always in a state of ups and downs, so we must really see it so as not to get caught up in losses.

Please follow the strategy you set. I think everyone will have their own investment and they all bring interesting returns and experiences. But in the coming days, I recommend that people should not continue to invest or trade without a stoploss.
because whales are more active. The value of altcoins is very volatile and the price adjustment occurs very harshly. Be careful for upcoming sessions.

we should stable in our decision that is the most important thing because if we get unstable mindset in different situation then the profit from the future will be reduced that's why we need to keep our mindset to be stable and clear that what we are doing.

It seems to me that the market will not file lower already, but it will gain momentum for growth because I think that we need to invest now while Bitcoin growth has not exceeded 9,000 dollars.

What currency are you specifically addressing? or are you generally addressing the whole currency? I know there are some stable currency out there and has found a way to beat the economical problems like inflation and deflation but some currency of the developing countries still faces this problems are are gradually degenerating in price.
That's why bitcoin to me seems to be above other currency it's not determined by the economy of any country

I think we are now seeing a growing market. The beginning of the "bullish" trend. Therefore, now I have a positive attitude to the market - a good time to trade, even for beginners.

With the current dive today on almost any alt it may be a good time to step inn if you wanted a point of entry. For beginners do, rough times.

I think the first thing to avoid in the current market now is greediness many traders most especially those who do not have enough funds always see this as an opportunity to get it all at once but its very wrong try to study market and note the rate of interest that will come from your trading or investment instead of waiting for full return which might lead to regret at the end.

You should always believe that everything is going to be great, especially on the falling market. Even if your portfolio is decreasing, try to stay positive and cold blooded, because otherwise you can make decisions in panic, that will harm your portfolio.

Crypto shows two sides of a coin the ups and the downs, Experiences have shown that the market does not take a particular trajectory that is why one have to be careful in making trade choices, buy low and sell, then repeat. It is not good to stay in the market too long if one is not investing for a long term and eschew greed. Never being emotional about any coin and not going all in. Gradually buy and sell accordingly

I do not change my strategy,I keep the coins that I believe in and see the development,as well as it possible, I buy more alts and trade.Still, there is hope that the bull market will continue its movement.

No need to be positive, otherwise over time you will be disappointed, just use Stop Loss and often watch the market when it falls or grows.

I am feeling the feeling BTC can dump at any time. However, part of which I continue to hold altcoin like XRP, XLM and ETH waiting for them to got pump