Bitcoin Forum

Whatever you might be trading, bitcoin or memecoins, when the market spikes take it as a sign to leave not to enter the market. That should be the time where you know you have an edge over other traders because you were able to take advantage of when the market spiked. You were exactly where you were supposed to be. That is before the spike not after it.

Remember, Early birds get the worms.

In what direction? We can have these market spike to the bearish or bullish side, so what would be the direction to exit the market when you spot a spike? Having this kind of mindset as a trader would ruin your discipline and over time you find yourself in losses. You might think it's a good thing to exit early just because the market wasn't favourable but it's not. You have to be abel to stay strong as a trader, no matter what direction the market is heading. Once you have your confluence you let your trade play out regardless of the outcome. Trading was never meant to be easy, but if you build a wrong mindset it would make it more difficult for you...

The defining characteristic of the market is its volatility. If the market were stable, no one would buy cryptocurrencies, and it would be more like traditional markets such as forex and stocks.

Therefore, volatility is beneficial to the market, and it's essential to understand support and resistance levels, which provide insights for Bitcoin and some other cryptocurrencies. In contrast, the market for most altcoins is largely driven by luck and news.

Spikes in the market, either in upward or downward movement, could bring such quick profit opportunities but with high risk along. However, if you don't know how to deal with the market, you will still end up suffering from losses instead. This is why traders should know how to analyze well every market volatility, every price fluctuations, sudden changes of market trends and patterns, because the outcome of their trades depends on how they react to the market events.

Moreover, professional traders can still create a positive trading outcome regardless if the market is favorable or not. But for beginners, its best not to trade so as to avoid losses in case the market is behaving negatively.

That might be a spike in the upwards direction just because of the sentence "Early birds get the worms."

Anyway, this is more applicable to those position traders who have been holding their Bitcoin alongside other altcoins for years already, and TBH, I'm also waiting for the final spike towards the upside before I sell all of my altcoins. Exiting early can be a disadvantage or advantage for you, but most of the time, it will be a disadvantage. Anyway, just like what you said, trading isn't that easy because it will test you in every aspect. From decision-making to being disciplined, from being patience from not moving until the setup isn't an A+ to everything that you need from trading. Of course, it will cost you money along the way, but as soon as you learn it and you're profitable already, that will be forever AS LONG AS you're trading.

As for OP, maybe specify that "SPIKE" that you're pertaining too because it can go both ways.

Trading is very difficult than this but you are not wrong if you are talking about most altcoins. You will see altcoins grow 10 to 20x, which is a good exit point and you will see them failing after a day of their longest green candle. I completely agree with you.

But there can be some exceptions like bitcoin as it is more complicated, and what ZEC is doing right now,  and probably what Dash may be doing.

Yes, OP is talking about people that have entered the market early, that after the coin has increased so much, that the trader should better leave the market so that his profit will not be wiped. This is how many shit coins are doing recently after price action and spike, they fall.

You can surely sell at the rise and get the profit. But this cycle needs to be repeated to keep getting the profits if that is what you aim for, otherwise you are free to stop at any point, there is no obligation to buy/sell when it comes to stop markets.

I can assume that you are emphasizing the cash out at the right time advice. This is applicable everywhere and the choice is yours. Most spot trades will yield little profits even at huge differences. That is why cashing out at one point and not coming back is an unpopular option.

You’re right that catching the move before the spike is where the real edge is  when it comes to market and that’s where preparation and good positioning pay off. But treating every spike as an automatic exit isn’t always accurate either. Some breakouts evolve into strong continuation trends, and instantly selling just because price moved sharply can make traders leave a lot on the table.

When we talk about spikes we have to understand that they can happen both ways bullish or bearish and reacting too quickly to either one can destroy your trading discipline a spike can easily trick you into exiting too early or entering too late especially when emotions take control. The truth is a spike doesn’t always define the new direction of the market sometimes it’s just liquidity hunting before the actual move happens that’s why having a trading plan with clear entry and exit points is more important than reacting to a single spike once you’ve done your analysis and confirmed your confluence you need to trust your setup and let it play out instead of jumping out at every small candle that moves against you.

Trading isn’t easy it tests your patience and mindset more than your technical knowledge if you exit out of fear every time price spikes you’ll never give your strategy the time it needs to prove itself the key is to stay calm and objective watch how the market behaves after the spike confirm if structure breaks or holds and act based on your plan not emotions. Spikes are part of the game and how you react to them determines your growth as a trader stay disciplined focus on long term consistency and don’t let one volatile candle decide your whole trade.

Bullshit advice, ending with a bullshit saying :P

Why are you still here OP then after BTC spiked to 100k and then spiked to 124k? If you exited, your old post should have been during ATHs. Telling people to leave. Not now when the market is going down.

If the market spikes and you already profit, that is the time to get out from the market. No need to expect to buy back at a low because the price can get correction and sometimes the price will drops deep. If you still try to enter the market, no guarantee you can buy back at a low price because no one know what will happens. Instead of taking risks bigger, it is better you save yourself and just monitor the market. There will be a time for you to enter the market again. So you should not worry of that and just wait and observe.

It's always better to have a profit and not make random moves....also because I don't see any real correlation on this... and I would avoid any move based on "stereotypes".
Just to mention, don't trade bitcoin if you don't need to do it...  It's much much much better DON'T EXIT and just hodl. If you see this part, with bitcoin it's really easy win ;)

The right time to exit the altcoin market is either when you are in profit or when it is dumping rapidly. If you are lucky enough to be hodling it when it is pumping and you are in profit, then that is the time to take your profit and leave the market. Because you could hodl on to it and in a short time it could dump and disappear. So yes, OP, i agree with you if we are talking about altcoins.

That said, i think for bitcoin, you can enter and exit the market whenever you wish, as long as you are a long term investor. If you are ready to hodl for a long time, you can even buy when bitcoin is pumping. There would corrections and all along the way, but if you have no plans of selling in the short time, you'd definitely be in profit in the long run.

You know what the pros say, “nobody’s ever gone broke taking profits”. We often think bull markets will last forever but little we know, there is always a bear market around the next corner but guess what, biggest profits come to the people that collect their coins during the bear markets, not the other way around. So instead of complaining, we need to make best of the situation and collect them cheap coins while we still can. I know it is painful to watch other people do this especially if you are out of FIAT and bought all of your coins from ATH but hey man, we have been telling everyone to DCA, don’t buy lump sum exactly because of that. On hindsight, everybody’s a trading guru. The trick is to be one before things hit you in the face.

What are you writing and what do mean that traders should leave the market when price spike? I will like to asked you some questions so I can understand whether you can relate to trading or not. Have you trade before? And what experience do you have being a trader? If you can answer these questions, maybe I can admit that you know what you have written with full understanding about trading the crypto market.

Have you ever heard of 'new ATH' or 'breaking upper side'. You maybe right with altcoins but definitely not with bitcoin. Bitcoin is known for breaking its top levels and recording new highs always during its bullish trend. If you know when the bullish trend ends or if you have used a perfect trailing stoploss then you can leave off the market with profits. So, always you cannot be sure about leaving just after a spike is good thing for every market.

Some stocks are always known for being in either bullish or sideways and not slipping away for more than 10%. I agree that bitcoin is not that kind of stable so far still booking profits with bitcoin just after a spike will definitely lead you to be regretting. Better solution must be, keep a TA based trailing stoploss and cover all the bullish trend.

But we're already in the market and so, we're part of the early birds and we've gotten the worms already. I don't want to scare people with such words because some might still be waiting for the altcoins season to come and they're very hopeful with that. We don't know if that's going to take a little while or it won't be happening anymore. Just brace yourselves when this bull run actually ends and we enter bear market.

You will only be happy if the market spiked in the direction that will leave you profitable and not the other way round. The cryptocurrency market is very volatile that a spike can either make you money, plenty of money or make you lose plenty of them. So even if you’re late or early to the market, the direction you’re predicting the market to go should be were exactly it should be going or you’ll regret risking more than you can afford to lose when it goes against you. Early birds don’t get worms, the loser in the long run are the ones to feel they got warm when they don’t get to be part of the market earlier when it spiked and went through a direction you may have also predicted it to follow.

If you have invested in altcoins and the price spiked, you can take profit, you can also take profit from your Bitcoin investment if you want to but the major concentration should be altcoins before the price can be more volatile than Bitcoin price and Bitcoin is also very solid than altcoins. There's this advice that if you don't want pump dump asset, don't buy every altcoins. So, if you bought some altcoins without any real utility purpose, it's good to sell when the price is good.

A spike does not mean the end of a run.  People who exited the Market at highs like 20,000 Dollars years ago waiting for a big crash may have not expected a 60,000 and then a 120,000 high later on.  This is trying to time the Market and if you miss the timing only once, it can be enough for you to lose all the other profit you made with your perfect timings.  I wish it was as simple as buying crashes and selling spikes.  It is not, they are not always preceded by the other.

To simplify this, we can say that even traders will not exist most especially future traders because what is there to predict when everything is almost stagnant, at least other trading like spot buys can be done but aside that it will be just another traditional market again.


For bitcoin there is no top at the moment so any spike up is just another all time high in the midst of multiple all time high that will come. This one reason why even during dips I don’t tell people to actually wait for a specific price to buy, best thing is to DCA your way in gradually if not you will miss good opportunities

Or consider holding long term, so you won't sell at loss and come back even stronger. I believe the BTC market will bounce back.  :D

With memecoins though, I would jeet that in a heartbeat lmao. Especially when BTC crashes, and altcoins take so much more toll with shit loads of memecoin could never recover from the bear market, essentially turning to dust.

One can't just take an exit and then come back to the market hoping to make some profit. Traders can exit but merchant traders are called so because they knew how to maneuver themselves in such spike periods. Afterall, this isn't the first time the price of Bitcoin has taken a spike.
Just restrategize and observe the market, because it must change for the better no matter how long it may take and the most consolation is that altcoins and memecoins will suffer more if bitcoin fails, so that's the more reason why the market will balance out sooner than later for others to remain in business.

What do you mean there is no top?  Bitcoin is over 20 percent down from the All Time High.  Is that not a top?

Hugely depends on your strategy. If you're trying to get a quick profit with short term trading then that's okay. But for long term it'll lost you opportunity.
Had I sold my money when price spiked from 55k to 65k I wouldn't be having huge profit when bitcoin finally reaches its ATH for this year.

If it's altcoin, I would've solved honestly. Holding altcoin feels like holding shitcoin and holding bitcoin feels like holding gold. Handful of people would do the same.

It is never a good strategy to come back to invest again after exiting the markets. Usually it is the time where we take a break and spend on a good vacation before we can find another entry point. Taking another trade just after exiting the trade will just make you regret about closing your initial trade and will be a riskier move as long as you are not a scalper. Even short term traders will take some time off and will come back the next day after analysing the markets.

Opportunity will never come twice so if you loose the opportunity by closing early does not mean you should again try to grab the opportunity as all you will get will be regrets and you might even end up losing all the profits made from the initial trade.

But people should be careful with their greed because many of them want to make more profit instead closing their trades. They don't think that if the market spikes will not always continue. Often the price will go down and have a correction price so they should know when they have to close trading. We can take profit when the price increases and no need to wait for another high price. We don't know how long the price will stay at that price so rather than losing the chance to take profit, it is better we close and enjoy the profit.

Traders who jump back into the market immediately after exiting often make decisions driven by emotion instead of logic when you rush to reenter thinking you’ll catch the same wave again you usually end up chasing losses or entering at the wrong point that’s why patience and timing matter more than excitement.

Once you exit the best thing to do is to step back breathe and let the market show its next move bitcoin has always had unpredictable spikes and dips so forcing trades only adds stress the wiser move is to reanalyze your strategy and wait for confirmation before committing again. Like you said merchant traders survive because they understand timing and restraint they don’t panic or rush after missing a move they let the market settle and act when conditions align again the market always cycles no trend lasts forever and there will always be another opportunity the real skill is recognizing when to act and when to stay still.

In this case, it’s also very possible for the late birds to get even more worms than the early birds crypto like they say is unpredictable, and the point you feel is the best time to leave or exit the market might just be the beginning of a wild ride and those who stuck around for much longer, ends up with the most juicy amounts and then the early birds starts regretting why they exited in the first place. I mean it happens all the time, which is why everyone needs to have their own unique strategy that works for them and just stick to it. Sometimes you win and sometimes you lose, that’s the market and you can’t expect to win all the time cos you won’t.

It is very difficult to determine this very turning point when you need to sell your coins before the onset of the bear season. But if you sell coins when the market is growing, then you risk receiving less profit, as the market will continue to grow.

Spikes can be a good exit point but only people who feel left out or those who have just started their investment journey will buy the peak thinking the markets will continue going up and will give them profits for a very short term. They mostly end up in loss as the markets crash after hitting a peak. Rarely, markets will still continue going up depending on the bull season but this is not very often. We should learn how to control our emotions because controlled emotions will always make us stay away from these riskier moves.

It also is very difficult to identify the exact peak or spike so the exit points can be a bit challenging to find. We need a strong analysis to know when exactly to exit. We can't just see a single spike and exit immediately.

It's true, it's difficult to find a peak point where we can exit the market with a substantial profit. Because when we exit, it might be just the beginning of the market surge, so we won't get the maximum profit.

However, when I predict the market will surge again, I usually exit with only my capital and a small profit, and then I hold the rest until I'm absolutely certain that it's the highest point, even though I'm often wrong. But at least we won't regret it too much because we still have something to sell.

i feel the best time to make profit is before the spike! not when the price is already flying. because generally many traders get excited and FOMO in at the top, then end up holding the bag when the price cools down. taking profit during a spike is usually the smarter move because the market surely pulls back afterward so the early position is what gives you the real advantage not chasing the pump

I think you aren't defining anything here, like in what aspects are saying of making spiking to bull what areas?
Of course usually when market spike (bullish) some people wouldn't want to trade while some would want to trading and open a long position as long as the market keeps going on the same bullish direction they opened position, but when the market get them trapped they wouldn't have any other options that to hold automatically while it bounces back to their preferred level or position before they could starts opening another position again just for them to make profits and recovered what they had already lost while trading.

There's people that even they make random moves, they can still get lucky and profit and then the ones who have a strategic approach are sometimes wrong with their calls but over confidence and greed can also lead to a loss of profits that we already made earlier. The correlation for those who are making random moves must be that they are still a newbie or doesn't take things seriously?

I mean they only do this to past the time or this is their way to entertained their selves just like how we do it in the casino. I think this isn't wrong, especially if they still know their limitations.

This is true but not in all cases because sometimes when market spike, it is also as a result of manipulation to chase the stop loss of some traders and that is why you see the market going back to the initial direction. So it depends on the hour that the spike appear. For example you won't compare the spike that happened in 15 minutes to the spike that happened in 1 hr or 4 hrs, they both have different impact. You can not also conclude to exit because their is a spike, you have to compare with what other indicators are directing too. So it is not a clear picture about just a spiking candle.

I agree with this, spikes are really opportunities that should be taken advantage of at every moment. Some other traders see them as a beam of hope for further move but they fail to understand that many people who where in on that trade will want to be exiting so as to take their profit meanwhile some others would want to hop in thinking it is the best time, it is really better to exit then so you will have less to worry about when there is a reversals.

Knowing when to exit is also a very important skill you need to acquire as a trader but only a few consider it as much, they mostly allow greed and believe they can be able to gwt more so they should allow the market move some more only for them to begin to experience loses while expecting that extra move.

It's easier said than done. If it were that easy to make money from this market or trading in general, everyone in the world would have been into trading and investments, and no one would have been struggling for money as long as they had some money to begin with; however, it's not that easy. You can't always predict the movements of the market, so it's not only about the market going up after you make a purchase, it's also about knowing when you should and shouldn't buy, because what if the market goes the other way around after you make an entry?

Imagine this: You buy some coin, even Bitcoin, and as soon as you make the purchase, the market starts declining, it keeps declining, weeks go by, months go by, but the market doesn't go up, because the bear market has started, and then you have to wait for years before the market actually gets back to the point where you had bought, and then it goes in profit, and you get to exit then. What then? One should ask themselves this question, and understand whether they will be able to wait that long after making the investment, if yes, then go for it, if no, then they should think twice.

You raised some strong points @HATCHY, especially about how a SPIKE can mean different things depending on the trader’s timeframe. Many new traders see a sharp move up and assume it’s the beginning of a rally, when sometimes it’s just the market grabbing liquidity before reversing. And yes, long-term holders often wait for that final push to the upside, but holding too long can turn a good profit into disappointment.

The market doesn’t pity anyone, so having a clear exit plan is almost more important than catching every last percentage of a move.

For me, the important thing is not exiting TOO EARLY or TOO LATE, but defining what a “spike” actually means inside your own strategy. If your plan says to take profit at a certain level, then that’s what you should follow. Long-term investors shouldn’t panic over every quick pump, but short-term traders need to react fast. At the end of the day, trading is a test of discipline and emotional strength, and that is where most people fail. OP should definitely clarify the type of spike being discussed, because an upward spike and a downward spike are not carrying the same message at all.

Peace and love ✌️

It seems to me that you are disappointed because of the current crypto price drops. Have patience. Everything will be alright in the long term.
Now is the time for us to remember the saying "Bulls make money, bears make money, pigs get slaughtered". The people, who enter the market at a FOMO phase and help in maintaining the price growth are the ones, who help us make higher profits. Don't discourage them. There will be more FOMO waves to come. We need new money to enter the cryptocurrency markets. And please don't compare the Bitcoin market to the memecoins market. There's no room for comparison.

The right time to seek profits before the price spike begins, then we will be in a position to wait. A trader who has experience waiting for market prices to fall will buy more bitcoins or altcoins to take advantage of the opportunity by accumulating more.
Different from traders who are enthusiastic with FOMO without analyzing after buying the coin price does not rise but continues to decline, today the market is unstable, you must be wise in taking opportunities without prioritizing FOMO, focus on goals according to your character, pursuing momentum will be more profitable.

Profit is made in the waiting phase not in the hype when everyone is chasing green candles those who already positioned themselves quietly before the spike are the ones who end up selling to the fomo buyers the trick is learning to identify those accumulation zones when the market looks boring or uncertain that’s where the opportunities usually hide.

Timing the market doesn’t mean guessing the exact top or bottom it’s more about understanding sentiment and momentum when the crowd starts getting overly excited that’s often a signal to start taking profits when the market is fearful and quiet that’s when you should be preparing to buy it sounds simple but it takes patience discipline and emotional control to actually follow it. Many traders lose because they react instead of anticipate if you train yourself to think ahead and plan your entry and exit points instead of being driven by excitement you’ll start seeing how the market rewards patience rather than impulsive moves the real profit lies in the quiet moments before the storm not in the middle of it.

Ok, can you define that "spike" then.

Give me % in percentages and timeframe it's happening when it's enough to call it quits? To me it seems as crappy advice then someone saying leave the casino when you are in profit. Ok, how much profit is that to you? Were you just inpatient and you thought it was a spike, when in reality it was just a blip before the real spike?

And why would you need to exit the market completely in any case? Why wouldn't you take profit and leave a moon bag? Because you might as well be heading to 8 million percentages growth, if the marketcap was low enough. This is crypto.

Futures traders can still trade when the market goes down. You might be referring to those who trade spot. The timing for spot traders is indeed determined when entering a trade; some may pause trading temporarily when the market situation declines. But for futures traders, they take advantage of market volatility to continue making profits.

However, in reality, if you are a good and effective trader, you will still be making a profitable trade even if the market is behaving unfavorably. That's the biggest challenge in trading, and if you are good at it, you will surely make a bright future with trading, provided that you also trade with caution.

This is why we have to study the market well and gain familiarity, if not mastery. It pays to be a good market analyst, since it will determine your future outcome to how you perform on your current trade.

If you can't keep up with the happenings in this market, much better to get out while you are still profiting. Then, just go back when you feel you have more time to devote in following the trading market. And also, don't go to futures if you are not very familiar with this type of market because it can easily liquidate your position so fast, you won't even monitor it. So if you are still new in this trading market, better opt for spot trading first up until you get very familiar with various market movements. Even long time traders here can still lose because of the unexpected turn of events. This is crypto after all and every movement is still a surprise for the trading community.

Every spike shouldn't be taken for a call to sell. If we use it as a cue for selling, there will be times when we will miss out on greater ROI. What I normally do when coins I'm hodling spike is to quickly go to the social media handles of such projects and feel what's making such tokens rise. If there's an incoming developments like token burning, new products, collaborations etc, I won't sell off. Anyone who sells at a time like that stands to regret their actions later.

I don't like chasing price. In the past when I did, it never went well for me. This day, I just sit back like I'm not interested and wait for price to retrace to where I want it. If it doesn't get back right in there, I let it go. The best time to get better position is to buy when a token seems to be sleeping without hype.

Volatility is both beneficial and harmful,depending on the market context and duration.Studies have shown that a market without volatility is dysfunctional and ineffective,but having a moderate volatility is possible and good.Its not even enough reason to exit the market during crypto spikes.Some crypto spikes sends different messages and signals so consider rebalancing instead of exiting completely.

Even if you happen to be in the market before the spike happens, just know that you’ll also need to be trading in the direction of the market before you’ll stand to be profitable. The market is always fun when the market trends in the direction you’ve placed your trade on, so you may not want to be said that you’re in the exact right place that time when you’re facing a big loss as a result of trading against the market. One good thing about trading is that, when the market is buying or selling, you can still make money when you predict well and trade in the direction of the market.

It won't be that effective, because anyone who have been holding their digital assets since the beginning of this year are already down a lot, a simple retracement to the upside won't return all they have lost, not even 50% of what they lost, it is better to learn how to short the market rather than waiting for a bounce.

If you are still in the market right now then you are already down very badly, around 90% or more for majority of altcoins, there is no point selling anymore, it is better to either short the market or cut your losses, and adjust your portfolio into the better projects that you can hold for long term.

I do not agree with you. You shouldn't exit the market when the price spikes because that means saying goodbye to all the possible gains. What's the point of investing in Bitcoin if you plan to exit when the bull market starts? Instead, you should wait for the price to go up. When the price significantly goes up and you really feel like this is too much and there is time for price crash and bear market, then you should quit and wait till the price reaches very low levels. This has been my strategy for years and has been working very well. Btw investing when the price reached its peak is definitely a wrong choice, you should invest when the bull run has started recently or ideally before the bull run has started. Investing when the price is at its peak is definitely a wrong decision and it's better to forget about it or think about opening a short position on futures market but this is very risky too.

If you are a medium-term investor, then when the market declines and people panic and sell, we will be busy looking for accumulation points and continue to accumulate. And when the market experiences a surge and is in a bullish market, and even the coins we hold have made new ATHs, then as medium-term investors, we can release our coins and enjoy the profits.

However, the path of a trader is different. They must be able to adapt to any market situation, whether it's an uptrend or a downtrend. Everything must be utilized to achieve profits. So, there is a difference between investors and traders.

I pretty much agree with OP. For those we are trading, we should exit from the market when the market spikes and achieve our targets. I have made a mistake regarding ETH trading; last time it was trading around $4.7K, but I haven't sold my coins. Now it's down a lot, and I am regretting why I haven't sold my ETH holding. Even I have been holding it for long terms, but it was better to exit when the market spiked. So I would have double the ETH now than my holdings.

Though it's quite risky to exist, because we don't know if either market will grow constantly or dump again. But we have to take the risk. Otherwise we really can't make money since we don't know what's going to happen in the next sec. I am not a fan of holding my assets for a lifetime; I am a fan of holding and taking advantage of the volatile. So we can make more money.

For those who do short-term, selling at a loss is already part of their routine and it doesn't always mean that they are permanently down already. As you said there, they can also come back stronger the next time they trade again. For those who are into longer-terms, they don't sell at a loss but they are prone for more losses.

Of course mate, BTC will and always going to bounce back from each dump that it is experiencing. As for the meme coins, they are only built for a short-term profit anyway, so it is already expected that they will dump after a pump and never to return again.

I think greedy people always try to invest when there is spike in the market and they always think that market will go up . Thousands of people are not learning and they are losing money back to back . People are listening the words of you tubers who are giving wrong information to people. People should learn more about trading and then start small . I Know many people who know nothing but they are listening the words of people who are saying that they are earning good from that platform. People want to lose because they want to taste that investment and that for reason they invested a precious wealth what they earned in a last few years with hard work.

Is this how you trade or the rules of trading?
Market should spike in which direction? market don't just spike without something being responsible for its spike up or down.
Market reacts to news events, either because of economic sanctions, interest rate hikes, and institutional activity in the market, the market makers.
Firstly, you have to know the reason for the spike in the price is first, and you shouldn't be afraid or get worried when you have your stop orders or TPs in place.

The spike to what direction? If the spike is to the bullish market trend, yes you are right, and this is good mostly for holders, cause traders will still be in the market making use of every movement on other coins and maybe not Bitcoin on every moves. If the market is down, it is buying the deep and possibly trading with it, while the bullish move is to ride with the trend in securing every possible profits.

Yes, that's right, we have to know first which direction the price spike is going. The bullish market trend is what bitcoin and meme coin holders are waiting for to exit the market and take advantage of profits. If you understand market movements, you will start at the beginning of a bullish period. Every time there is a significant movement, it usually won't last long.
If the spike trend continues to rise, it's better not to exit first but take advantage of the opportunity before the bearish market starts. However, I don't recommend meme coins but choose top altcoins or bitcoins with a short time frame so that the potential for profit can be greater.

We already know BTC will always rise at its time and now it's time to hold and then sleep for a long time and after waking up the price has soared. :D

memecoin is just a grain of dust, with a bearish market I think a lot of memecoins eventually fall down and can't rise again, it's not much different from gambling to memecoin so I will continue to avoid it.

When you say spiked I believe you must be talking about when the market hits ath, this is something most people fail to do, even after they reach their target they still hold due to greed. Selling immediately the market is high can put you on the advantage side. But the only problem is some people don't invest to sell later on the near future, they are determined to hold for 10 to 20 years that is the reason they don't sell during this phase

Ultimately this all comes back to the current market situation, as price fluctuations are often influenced by several factors. That's why it's important to keep abreast of market trends so we know what's happening and can make informed decisions.

If you're in a bullish period holding on is the right choice because you'll profit, and exit when there are signs the market is entering a bearish period. So it really depends on the market situation you're in. I agree with you about avoiding meme coins if you can't master them, as they're rife with pitfalls and difficult to spot profitable opportunities. It's best to choose coins that truly have good potential and sound fundamentals judging by their price history.

And this is not new every time we get to the bull run. The dormant accounts that have got a lot of bitcoins in it have started to sell. And we'll continue to see this happen each bull run that passes by. That's why they're taking the worms after getting out earlier than the majority of us and they're now set for life. It's not too late for all of us, we can be like them like the early birds but we cannot get to how much they've profited for holding for so many years.

If you joined Bitcoin market in 2017, you can consider people who joined this market in earlier years like 2009, 2010 or 2011 as early birds. However, with people who just participated in this market in 2024 or 2025, they would consider early birds as people who have been in this market since 2017 or 2018.

I give you examples on how people have different views in this market, depends on their participating time and own experience in this market. Bitcoin is just Bitcoin, Bitcoin market has been here for more than one decade and whether you are early or late birds, you can not change it.

Early birds had advantage than late birds but do they manage to hold their bitcoins and convert early advantage to profit, it's personal thing and not all early birds managed to do this well.

Early birds can move their dormant bitcoins when they want to either sell these coins for profit or simply move their coins to new wallets for better storage. Like moving coins from hot wallets to cold wallets is a good practice if they have a lot of bitcoins which is a fortune and needs to be secured properly in hardware cold wallets.

 ;D ;D ;D and that was right before the market crash, and now I don't do it anymore. Currently, I'm still interested in several coins, especially Binance Coin, Ethereum, and Cardano, after the main coin, BTC. A few days ago, the prices of these coins also corrected, making this a good re-entry point.

Our expectations can sometimes be disappointing when they don't materialize. Traders who bought at a high price will undoubtedly be frustrated as they are experiencing a floating loss. But, despite the chaos of the past week, we can learn important lessons to improve our trading knowledge and skills, and we know how to overcome these mistakes. Learning from each mistake will provide valuable experience for us to become reliable traders capable of generating consistent profits.

One day, the situation will change and the bullish movement will return, hopefully in the near future.

What makes a trader a responsible one is knowing when to stop and their exiting points is what makes up trader responsible and not by being too greedy to trade and even at their profits or that changes of the market they still keeps up holding and trading while the market changes direction and dump on them as well.
Do not get it twisted or wrongly but I am sure that those who are holding can as well sell whenever they are have seen new ATH, because the bounce back is always effective and disastrous on the said traders or investors and most time they could end up holding back for the  next bitcoin cycle.

Not many traders realize that. They want higher profits and don't close their trades when prices spike. They think the spikes continue because everything shows that. They forget that anything can happen in market.

If they realize, they will analyze once more to determine whether the market will still increase, have corrections, or decrease. If they don't get more signs that show the market will continue to increase, they will close the trade. They will not be too greedy to chase more profit because they can search for the profit in the next trades.

It needs awareness to check everything related to the spikes before they decide on something. No need to wait for more to close the trade if no sign of the next increase.

If you can exit and make a profit from trading, it would be good for the trader. But sometimes traders are not satisfied enough with the profits they get. Even some beginners do not know the selling targets they can achieve. Their hope is for bigger profits, but they do not anticipate the downturn after a price surge. Traders who have overly high expectations usually panic when a rapid decline occurs following a price spike.

Thats why its important that you do know at least fundamental analysis too and not just that sticking with TA's. Yes, it might not always that there's some news in the market but once these things do happen or emerge, then its not bad to make out some consideration on trying out to make learn with FA too. Experience is something that will be helping you out whether you would be needing up to make out such action or you would be just that simply sit still and wont be doing something. The most important thing on here is that you should be securing profits at the time that you are gaining so that if ever the market will be making up some u-turn, then you wont be having no regret when it comes to this one.

You should know to exit and you should know on when to enter but since the market is unpredictable, then there's no way that we will be able to know the precise point on doing it on, but due to experience and knowledge then we do at least know on what we should gonna do. There are just that those different factors on which each trader/investor has when it comes to decision making when it comes into their positions made or upcoming ones.

Volatility is something that can make my trades riskier so I personally would try to avoid taking trades if I sense the markets are going to be volatile with increasing volume. Because in this case, the markets might take a sudden move and we might even end up opening a loss making position just because we thought the market is going to favour us according to our technical analysis. Usually it does not take that long for the markets to revert the trend because of high volume.

Rebalancing might not always be that easy because many times we might end up increasing the position size which will ruin our risk management strategy because a lot is on stake for one single trade. Re-balancing can be off table if we do not have enough experience or if we are not sure what might happen in the coming days.

It all depends on the type of trader you may be and the actual need to make use of the profits when it comes, but generally, what matters most is to take profits as a smart trader whether you be long or short term trader.

If you are a consistent DCA long term trader, no need of leaving the market when it spikes.

If you are a short term trader who needs profits for economical uses, then leaving the market immediately is the best option.

Identifying the trend can not always be that easy though. Many people will risk trading in opposite directions only because the market is going in both directions due to high volume present in that specific interval. In this case, we will have to think about long term instead of just taking bets on short term market fluctuations.

I would prefer studying higher chart intervals to identify the trend because in most cases the markets will have manipulative trends when it comes to short time frames like 5 minutes or 15 minutes. That's the reason I will always study charts on 2h, 4h and 6h candles because I get better confirmations and can also identify the trend to make my long term bets.

Most beginners don't know when to exit the market properly. What they do is finding more positions that they think it's easy to profit at most times and when they have found it that the market is spiking and shaking, they're not able to get out of it. So, it leads to losses instead of profits when they're able to do that but they can't do it anymore. I think even the experienced ones, they're missing the point of taking profits and despite that they're already satisfied and have enough profit, they do not want to take it because of their greed.

We can't be like them, and the reason for that is obvious. When they got their Bitcoins, either from the market, mining, faucets, or any other means, the price for it was probably in cents or at least lower than a hundred dollars, so they got so much profit for holding for about a decade and a half, because Bitcoin went from cents to $126k, and that's a huge difference, which can't be covered from where Bitcoin is right now and where it would be in 15 years, because Bitcoin's price can't reach a few millions.

So, even though we could get a good profit if we buy now and hold for 15 years, we can't be like the early birds. Even someone who bought Bitcoin before 2017 has got huge returns on their investment during this bull run if they had held onto it.

However, this shouldn't stop us from investing in Bitcoin, because even if we don't get rich from it, we can at least make good profits from it if we stay patient. :)

We can be like them but it's like planting now and waiting for a decade or for several years before we profit from the market. And that's why it's advisable if someone invests on Bitcoin, it shouldn't be the immediate fund that they have for other important things. The money that should be gone for long and that won't even be a problem for them because what matters for them is that they're visioning the long term result of it for which we don't know the early investors have foreseen or just out of nowhere they've remembered that they have a lot of holdings.

How does profit actually come? If you can buy at a much lower price then after a little pump you can take profit by selling. On the other hand, those who buy at a higher price will have to wait more. So I think there is no specific pump for profit. But always aim at the market at night, and wait for the right time. Then we can achieve the desired without any disappointment. But we have to invest for the long term. But once the market starts to rise, it will go much higher. So even if you miss the start, it is possible to make good income by buying later, but there will be some risk. That's why it should always be remembered that investing or trading, there are risks everywhere.

A trader must have good intuition and knowledge to determine when to enter and exit to gain a small profit. Over-greedness often leads to collapse in the crypto market. They often invest all their money in the market, causing panic when the market drops. This is a fundamental mistake when deciding to enter the exchange market. Therefore, in my opinion, if you want to become a trader in the exchange market, you must master the knowledge by reading many books explaining charts and market analysis.

I keep on telling traders this same thing, most of them slseevit as an opportunity to make money because of how volatile it is and it can give you huge amount in minutes.

But they do not consider it the other way round. Loosing money is One thing, but loosing it in seconds is more emotionally disastrous.
In a situation where you see Spikes like that not only iin crypto also in forex the best thing to do is just to avoid the market at that particular moment. Trading news also it's a bad idea as well

When you are in crypto for a long time, you get used to it. Altcoins are still insanely risky so you could lose it all and it won't even recover, so many alts just went down and stayed there so that's another situation. But when it comes to big ones, like the top 20, they may go down with the market at some time, but they will go back up. So seeing it crash in a single day, is of course still bad, but also something we are used to.

So many times I wake up and see my money 10%+ down, it's becoming boring to see that, I do not feel any emotions at all. Main reason? Because I also saw it go up 10% as well, much more. This is why I do not worry because I know that even if it's down now, it will go up eventually in the end.

Traders who have read numerous books on market analysis and how charts work in the market still won't necessarily be consistently profitable in the market, let alone traders who lack any knowledge, who clearly won't achieve anything. The crypto market is very volatile, so every trader must have basic knowledge, one of which is being able to recognize opportunities when entering and exiting the market. Because trading is always risky, it always requires careful consideration when taking any action in the market.

Traders see volatility like it’s this shiny shortcut to fast money they look at those big sudden moves and think wow that could be me flipping a tiny amount into something crazy in minutes and they forget that the same move can take everything away even quicker losing money slowly is one thing but losing it in a few seconds hits hard it kind of stuns you because you barely had time to think.

When the market starts throwing those spikes around in crypto or forex the smartest move most times is just to stay out let it breathe let it calm down jumping in during news or during chaos almost always ends badly retail traders try to time it but the chart moves too fast and the spread widens and the whole thing just becomes a mess and before you know it the trade is gone and the lesson arrives. Being in crypto for a long time changes the way you react to all this altcoins can be straight up brutal they fall and never get back up so that’s a whole different danger but the big ones move in cycles they drop they rise they drop again so after you’ve watched that happen enough times you stop freaking out every time you wake up and see your portfolio down ten percent it becomes almost normal like something you’ve already lived through too many times to get emotional about it.

You're right, this happens almost exclusively to beginners. Greed or dissatisfaction with profits is a major enemy for beginners and can also lead them to hold positions too long, risking losing their profits.

We should set a clear profit target before entering the market, as this can help them make more rational decisions. Without a target, they can become trapped by their own decisions. In this case, we really need a proper strategy and discipline so that beginners can avoid common mistakes and increase their chances of success in the market.

I saw many people who are giving information to the people who have no Knowledge of Bitcoin And cryptocurrency and many people saw that Bitcoin price is going up then they think it Invest in that and they thought that market will go up and up and they are fool and they don't know the market will recover many  times and it could down and we will see big down  due to multiple reasons and they will take exit when market is going down and they are thinking that match will go more down because they are not intelligent to think that is trade and we can see a good pump and if we want to be investor or trader we have to learn more about Bitcoin. Bitcoin is best for the people who are doing work to learn and they are ready to change with market . People are becoming rich by doing labour because we saw many people who are in the foreign countries and they have money to invest but have no time to think where there they will save and invest money.

Maybe you've been in the space of longer period of time, and that you've built the emotional pains that may caused it, it's not always easy to withstand the pressure the market downtrend comes with, that's why I always say that traders should've been provide what he can afford to loss.

In my opinion, traders have virtually no benchmarks to objectively forecast Bitcoin's price dynamics. A sharp price increase does not guarantee that Bitcoin has peaked and will not rise further. The only more or less objective benchmark for traders and investors is Bitcoin's four-year cycles. However, Grayscale recently suggested that four-year cycles are no longer relevant, and that Bitcoin's price will reach its ATH in 2026...

In my opinion, Bitcoin's four-year cycles are an objective reality. They are determined by Bitcoin's software algorithm. After all, there is such a thing as halving, the point in time when miners' costs to mine one Bitcoin double. Did Grayscale really cancel halvings? I'll never believe that! 🙋

Miners are commercial organizations, not charities. They won't mine Bitcoin at a loss.  After all, they periodically have to upgrade their equipment and buy new ASIC miners. And they constantly buy electricity, using fiat money. It's also worth noting that miners ensure the security of the Bitcoin network. As long as Bitcoin uses the Proof-of-Work (PoW) consensus algorithm, the miners' problem is not only the miners' problem, but also the problem of all coin holders...🎛️

In my opinion, to prevent miners from going bankrupt, the Bitcoin price needs to be higher than it is now. In my view, Bitcoin reaching a new high in early 2026 doesn't disprove the existence of four-year cycles. At the same time, price peaks could well shift forward a few months, and in my view, that's normal. While I'm not going to speculate on what the Bitcoin price will be in 2026, experience shows that it's a hopeless endeavor! After all, Bitcoin's ATH could be in 2027.

I think you are using a "buy low, sell high" strategy, The crypto market is very volatile, so it's very important, however, that you try to do it with a more dynamic twist, but it's all your choice, and every trader and investor certainly has a different strategy. This strategy may be very suitable for your risk tolerance, but not for others, some of whom prefer to hold for the long term without caring about the small profits that have been seen, they are even more obsessed with buying because they believe in the long-term potential for greater profits.

When we are confident enough that the coins we have purchased will eventually rise in price after a decline, then we will not worry at all when the market falls and the coins we have purchased also decline. Apart from Bitcoin, we often see this happening with ETH and BNB. These coins sometimes experience a 10 percent decline in the same week and then rise by the same amount the following week. This cycle has also been happening recently.

However, for beginners, this still causes panic. But for those who have been in the market for a long time, seeing volatility in the market is considered quite normal and sometimes does not really affect their emotions. Personally, I feel calm about the Bitcoin I hold. However, when trading altcoins, I still always feel a sense of worry.

Cryptocurrency is most popular because of its volatility, if there was no volatility then no one would have entered cryptocurrency. Because the more volatility there is in the market, the more investors or traders can profit, market volatility gives traders the opportunity to make more profits. You should remember that everyone wants to take advantage and when they get a good opportunity, traders or investors in cryptocurrency start using their money to get the best out of it.
Maybe the one who has more experience and has more risk-taking ability is the only one who gets the best chance to profit in the market. Remember, only the one who takes the risk can take the opportunity.

When the market spikes that is the moment to step out not jump in because the profit was made before the move and entering after the spike usually traps people at the top. the edge belongs to the trader who was already positioned before the breakout and leaving during the spike protects the gain while everyone else chases too late. early birds get the worm because the win comes from preparation not reaction. Crypto became popular because of volatility since without those sharp moves nobody would bother trading it and the wild swings are what create the chance for fast gains. volatility gives traders room to act and every time the market opens a window people rush to use their money and pull something out of it.

Experience and risk tolerance shape who gets the best opportunities because the person willing to take a calculated risk before the crowd often ends up collecting the reward. the market favors those who act at the right time not those who wait for the spike to confirm what they already missed and in crypto the window is always small.

There are a lot of ways that bitcoin can show you that it will go down, but after seeing it go down is the worst time to sell. You either have to keep holding it and get more to do DCA, or you have to just sell beforehand. How would you understand that bitcoin price is about to go down? Well after the halving, it will go up for a year or so, maybe about 14-15 months, and when you have an all time high that is not going any higher and staying at that all time high, then you need to sell, put a stop loss to buy back and you will be fine.

All crypto markets are not same and with bitcoin, you can easily spot the top as we do have predictable four year cycle for bitcoin markets. As long as bitcoin obeys this 4 year cycle then can easily say that on spike, we need to book profit and must wait for bottom to get back in.

This is not a solution for day traders, because for a trader every time the market moves up or down, they will always use it as a momentum to gain profits, when the market experiences an increase, it does not mean that the market continues to soar without any decline, but we often see that every increase that occurs in the market will always be accompanied by a decline so that the decline becomes a gap for traders to take buying action and they sell it again after making a profit, indeed there are some of them who take exit action temporarily after successfully selling their assets when an increase occurs, but they usually exit the market only to prepare research on the next market movement and then they will re-enter the market with a new strategy.

As much as I want to agree wth you, I couldn't agree in its entirety, the market's uncertainty will always play out in situations like this. Fine, we've seen many cases where the market acted on your warning, but we've also seen many other cases where the market acted against it. This is why I would say that we should carefully study the market before buying or exiting. Don't forget that where you exited could be the beginning of its rising. We've seen that in play many times. For this, I believe our charts should rather guide us instead of acting randomly on our own, out of fear.

Buying low and selling high is a strategy that's very common, even among very novice traders. However, it's still excellent for traders who prefer to trade in the spot market, as achieving profit targets is always more difficult and requires a gradual approach. For those who prefer to hold for the long term and aren't overly concerned with small profits, this strategy will also be easier to implement because they only need to focus on the weekly or monthly buying point. The target selling price can be considered later when they intend to sell back into the market.