Bitcoin Forum

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

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

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

if you are so sure where the market will go i would be the first to dump. but the market today is really not that predictable. the weekly charts are telling the opposite when it comes to daily chart or so. but this information only matter to long term trader what about those in the day traders who constantly trade every 15 -30 minutes of the day.
your next move would depend to how you see the market. but its best to dump for usdt when unsure.

The post halving pump will be to hit the previous ATH but normal pump should start towards the halving, It should be around $14K by May, 2020. I expect some good responses by January end to start of February. Cant say anything about ATM about altcoin even after halving, maybe after bitcoin's $20k

buy when there is blood in the streets.

i'm still waiting a bit longer before putting my USD back into the market. mid-$5000s or $6k still seem likely enough to justify staying on the sidelines. (most of my capital is already in BTC anyway)

but i do believe that time is running out for this downtrend. by january, we'll be in a new tax year and only 4 months away from the next halving. and we'll be coming off a long term correction in oversold territory. that's a dangerous time to be bearish on bitcoin!

Invest while the prices are still low.Dont end up on regretting when you do already saw the price is clinging up already.
We can presume and try to connect the past but doesnt guarantee that it will happen on next year halving.It might either
rise nor dump but to expect there would always be fluctuations.Im not already aiming for long term swings but rather
doing shorting into these waves no matter what the trend is.

I've been gradually re-accumulating my spot BTC position since early October. I've still got some fiat/stablecoins sitting on exchanges. I'm waiting for either confirmation of a new uptrend (for example, a clear break above the $7,800 area) or a dip to the $6K area before putting more capital into the market.

In either case, I think the market will look much more bullish by January or February. It's always darkest before the dawn. ;)

I guess patience is playing pretty bad in the kind of situation. Well, that's inevitable to be honest.
It's safe to say that you're still in a good position when you didn't sell your asset during the bearish run or during the process of a downtrend. Then slowly accumulating more Bitcoin during this kind of market condition while waiting for the targeted bottom.

Either way both bearish or bull brings us something good to be done.

Each and every user seems to watch the market close to make a decision what to be done next. From the prevailing market condition there is chance for further dumping as well as price pumping. This can be understood from all the above posts where people look out for sub $6000 dumping to invest. Same time there can be sudden uplift in the price in larger margin. Patience is playing its part, and that's the present move of almost everyone. Users will further act according to the changing market instantly.

it is best to invest when market is bearish. Why.? because we don't know when pump will start. in recent months the pattern of bitcoin movement has always failed to reach new gains. so prices continue to fall. but this is a good investment opportunity. when else can you buy cheap bitcoin? Don't wait for pump moment. it will only make regret.

not trading so far, but only buy every dip. try to collect bitcoin as much as possible, from bounty or other. I'm sure half the hype is big enough and will repeat its history. so don't worry about bearish, isn't that good we can get lower prices?

sometimes people get confused to determine the right time, but when bitcoin goes up they panic and finally fomo. whereas when prices fall they also sometimes panic or be afraid to buy. every fall should be a good time to buy. but its true dont forget to incrementally buy because we don't know how deep the decline will occur.

I will see how the market is going on and buy in stages if the market is bearish. I have to buy bitcoin, but I'm not sure if other coins might wait conducive, if you buy bitcopin when the market is bearish, I will not hesitate. I will continue to buy when it's cheap. and bitcoin will certainly fly again if the market is positive and towards green growth.

the current bitcoin movement is very difficult to predict. in the last days of this year there is still a possibility that the price of bitcoin will fall again to $ 7000 or $ 6500 if indeed the price of bitcoin drops to $ 6500 I will decide to buy bitcoin again. but if until the end of this year the price of bitcoin remains in the range of $ 7200 I will choose to stay and wait I'm sure in 2020 bitcoin will enter the bull market. and hopefully after bitcoin is reduced by half it can reach the new ATH.

Me myself always devide my money for invest long term investment and short term/trading. I choose bitcoin for long term investment although I decide to sell them when the market was going good and its price was increasing a lot and I buy it when the lower price has comes. This strategy is really work for me, morever when I face this situation. At least, I have no worries to thinking should I sell and should I buy just save it in my wallet. Because in other hand I have another asset to trade so I just focus on it.

I already wait for positive events that will happen for bitcoin, and I am sure that people are doing the same as me. I use this time to invest more in bitcoin in this bearish market because I am sure that in the end, bitcoin price will increase so high. If later, bitcoin price increases, I will make a lot of money, and I am sure that people will do the same as me. We still waiting for now, and no matter how long bitcoin prices will increase, we can have the patience to wait for it's happening.

The bearish market does not change how I view bitcoin and its potential. I see it as a kind of sale that I should take advantage of. So whenever possible, I'll accumulate more bitcoin when it is cheap. Just like now.

If you understand the potential of bitcoin, you will not care about the price fluctuation here and there. You should look ahead in the future.

Everyone now knows the crypto market is experiencing a very low price.
For me for the next step I think positively of investment and the current market, which we know that Cryptocurrency is currently impossible to escape from the progress of today's digital technology that is developing, Which increasingly days, months, years cannot be dammed in influencing the lives of modern humans today.
I know the sadness experienced by investment, investors and entrepreneurs is currently declining, but not always like this, market changes, we just wait for the time to come.

Keep waiting when best moment for bitcoin growing up again for investing and buy bitcoin or altcoin, better wait and see what will happen with bitcoin on new year and christmast moment will have good price or bitcoin become lower price. Maybe you only need become watcher how bitcoin and altcoin price to know how situation of bitcoin and altcoin several weeks later.

The current bitcoin price $7184 is a cheaper price than it should be, the plan is simple; just buying bitcoin to accumulate more into my wallet, before it rise up more than $8K to $9K sooner or later, considering what will happen in the next year, bitcoin surely will spike up beyond $15K. Meanwhile, take a look into information in the market, if there is something that may affect bitcoin price positively or negatively, something that may change the plan to hold or to sell. The sentiment in the market still in the "sell phase" though.

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

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

I think it is a matter of personal preferences here. Everyone has the right to do whatever he thinks is necessary to his investments. Though the OP is getting the pulse from the community, in the end, it is all on you on how you attack the incoming situation. It also depends on your current financial situation, if you can afford to hodl or not, short term or long term profit.

Everyone is very optimistic about this market, everyone believes that the market will increase when halving starts. But when so many people hope so, everything is very unlikely, I think the market in 2020 will not be too special compared to 2019, will be a boring year for investors. The best way is to wait for the market to continue falling and invest in it, In the early months of the year, the prices of altcoins and BTC tend to decrease, which is a good time for us to start buying and holding.

I will wait for the opportunity to witness an events and grab the time when it is bearish because we cant complaint anymore if we loss in this month, we need to take an action to recover our funds and still get some profit next time. we need adjust on market situation if we want to success. in time comes the situation will reverse and we will have our profit soon.

Everything will always be maybes and might be, getting potential profit was always resistive to attain the right price. Although we all desire for a good opportunity, but the reality doesn't coinside with the actual scenario. However, patience is the best move to do eventually and it's just a redundant matter when it comes to emediate actions.

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

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

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

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

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

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

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

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

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

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

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

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

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

Like a Veblen good, (https://www.investopedia.com/terms/v/veblen-good.asp) demand for BTC tends to increase as the price increases. It doesn't matter what time of year it is; people will buy it in a bull market and avoid it in a bear market.

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

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

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

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

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

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

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

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

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

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

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

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

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

But that decision for me is not good. I do not prefer to invest in bitcoin in monthly basis. There are people who keep doing it and they are becoming passive investor who are keep hodling. I'm an active trader and day trader is more suitable for me. There are more opportunities in a short term trade than you will hold your bitcoins in a long period of time.

I can't generalize globally, but if we're talking about ordinary people celebrating Christmas, New Year, or something like that, research indicates that December is the month in which the most money is spent on average. But this is usually not the money that we earn, rather, it is short-term loan taken with credit cards. Of course, people always adjust to the situation, so if there are any significant growth and opportunity for short-term profits, many will resort to credit cards and money that they keep under the mattress.

We close 2015 with price of around $400, and that price (+-$50) stays until the end of May 2016. Although it doesn't make much sense to compare 2016 and 2020, maybe some lessons can be learned. Personally, I expect the price to start rising only after halving, but I don't mind it happening before.

For short term, of course I will enter at any time when the market is volatile because the better it is to look for long and short positions.
If I plan for the long term then I will wait for a strong bearish trend at the end of this year, then buy gradually to anticipate if prices will still fall.

It's the general rule that you buy when its low. And as of now, I don't see it going down anymore, and might be the right time risking your investment allocation funds.And even though it recieves another dump, I'm quite positive that the next bull run is near. It's highly likely that dumps are just manipulation by the whales, as the prices are steady sideways for the past week, but then out of nowhere dives down to near $7,000 mark.

I would invest while the price is low in order to increase the amount of my coins in preparation for the bull run. Predictions are widespread and it is very difficult to check which one to trust because it seems that no one was able to 100% predict the exact trend of the market but knowing it’s been like that ever since then it is better to just make the most of what we currently have and I know many good things will still happen for bitcoin.

i just wait and hold for this situations, there is no capital anymore for invest and buy coins in the market now.... can not take profit from the market now because the price of coins still stable. so i just do signature campaign for get little profit, i hope this situation passed as soon as possible... the coins price in the future can not prediction choose to buy now is a risk, just waiting the market look good alerts then buy

For me, I will invest in bearish market and then I will wait for more positive event so once it get pump I will earn now profit. Based on the past halving we can see little by little pump until bitcoin reach its all-time high price so basically, we just need to wait a couple of months until we see a another pumpm on the market. It is totally good to invest in bearish market because all coins are cheap but take note, it will takes time until it recover its good price then after that you can now earn good profit.

nothing that i will do is to HOLD ,and wait if the price will continue falling?then may consider buying again when dump to %5k level.
or i will wait till the value goes to 20$k again(wish will happen sooner)crossing my fingers .

For who already hold bitcoin, maybe strategy like keep hold will be good. Especially who bought price lower than this  ;D at least with any condition we hold is safer. For me, i don't have more capital only can hold for now. Maybe if must hold longer i will wait for it.

You should always buy the rumor and sell the news as masses follow each other so when the news come that bitcoin is going to fall in price that's your clue to just hold your coins as others are going to sell their coins and this will create a fall in price. And as the price is already falling, I don't think that the situation will be better in the future in short term as well.

And how does one know that the market is down? At present the price may fall to $ 6000 and we think it will be the perfect time to buy and then the price to fall again to $ 5000. I think for people who Hold then they can buy at any price and set the time and expected profit to sell. In the case of people who do day trade, analyze the charts and buy or sell depending on their analysis.

I feel happy to see that someone still have positive feeling about the halving effect despite the dump and the disappointment occasion been predicted about the next year market but I don't think anyone should expect the pre-halving effect in the market due to the stance of the market and the game that the whales might have in plan.

The reason this year market experienced an unexpected situation is because the market of the year before we reach halving is always manipulated but the whales are always the game changer.

Main hardship when you do always chase up the bottom price where it cant really be that precise anytime we do make an analysis.It can go deeper on least we expect
but if we do hold up for long term then it wont really that matter but for short or active trade? For sure you would really get worried on your previous position.
Planning your next move will vary on what kind of trading system you are following on but actually neither of the two it does still need good decision and analytic skills to make money.

Still, the market will be in a roller coaster. Can't figure out why people would just like the uprising momentum all the time cause if we think that we are in a decentralized market, definitely we are able to experience pump and dump schemes. We have disappointment and dissatisfaction to the current situation we have but that is how the market works but not a reason we to think bad cause it surely we will turning good in the coming days.

Well, I think people will think the same thing. so when the thing we are waiting for does not happen and becomes the opposite, of course, we keep investing and keep waiting for the next positive news. I'm always sure the price of bitcoin will exceed the price of $ 10k in the future. so, when it's not the time, then there will be a time in front there that can reach it. to be honest, that's what we will do when the dump happens, but what will you do when the pump actually happens, have you been prepared so far?

If the price was $ 9200 and you thought, "the price will reach $10,000 in the future" and after a few months the price dropped to $ 7200, then you would be losing $2000... or maybe a few months later the price would rise to $ 10,000 and you would make a profit of $ 800. Most people are looking at the risk and benefit in the short and medium term and that's because the haunting past of $ 18,000 to $ 3,000 is still on many people's heads (including my head). so whenever the price goes above $10,000 a few people buy, because they think that is already too high a price and more people sell because they also think the price is too high and could fall and if they fall they can buy lower

And at this condition, it separates smart investors from ordinary or noobs. Because smart investors know when to enter, as the saying goes, "buy when there is blood in the street". So they don't panic and enjoy when they see a ocean of red in the market. They take advantage of that situation while majority of investors are reluctant because of the bearish trend. As for me, my I don't have that much capital right now, so most probably I'll just sit it out and enter when I have some extra funds early next year.

I am out of trading at this moment. Marker is tough to predict with really small fluctuations. This is a risky market if you trade on leverage. Small uncertain movement can cause you a lot of money. Until there is some definitive trading cycle which is evidently visible. I am not traidng. I will stay in USDT only.

I am a short term and I usually look for a swing trade. Since, market isn't making much of the movement, I haven't placed any such trades.

I think i have a positive thought because i know thag bitcoin is recovering from now on and maybe in the next events bitcoin can grow again above the price last 2017. So bitcoin is good to he hold once you gonna buy today wait and hold it for a long term. Bitcoin will bring us good profits once we have patience.

I wont be personally investing in bitcoin at this stage as i was smart enough to invest when the price was really low and sold when the rally was breaking all the resistance a couple of years back and then i booked my profit and i entered the market once again when it touched the bottom when the bear market was in full swing, so basically as an investor you enter during the bear market and wait for the rally and that is how you make the profit.