Bitcoin Forum

Behind these major sports, there must be some unstoppable force.

Don't bargain with the market, and more importantly, don't try to fight the market.

yep , i am on it , i just stay away after big correction until now , just tethered everything to usdt, lately i just heard news about someone on bitfinex shorted btc with almost 1 billion, i wonder if it come true.

When you do already had some experience into this market then you should at least have those attentive ears on listening and trying to be reactive when you do hear up some rumors and news about this and about that and just like you that i did make out some immediate conversion to usdt and somewhat
protected by profits that i made on earlier days.

So better be safe than sorry because missing out these kind of chances of securing or protecting your profit doesnt really come often so better be wary.

You wouldnt know on what would happen next and if you are bit experienced on this market then these are just casual behavior for a wise investor or trader.

Dam are you serious right now? Correction of 1 billion dollar can put us all the way down to 3-4K USD less the current price. Crypto is really getting scary right now. I mean all the money that goes into drainage right now is ours!!

I’m already trading around -10-15% of my original portfolio. I tried to buy more as the correction happened in the hope that we will have up surge soon. However it seems we gonna have to wait for another 6 months before some good news can come up in trading world.

I think playing against the market is one of the worst strategies there is. You have to try to go one step with the market. There is nothing you can do about global trends, even if you have solid financial resources

Sure you can’t do  that. Anyone who is a trader in the cryptocurrency market has to be very attentive to whatever is happening in the market and you have to follow that. And it doesn’t end there, apart from being attentive you also have to learn patience. Invest when it is right and sell at the right time.

Sometimes it’s best to even switch early before the correction takes place. Correction can take place at any minute and you don’t know how much the market will drop in price. But the problem is that greed will never let us sell on time, instead we want to see the market reach the highest level before we will ,and by doing that we end up losing almost everything we have achieved so far.

The market is never going to bend its knees to do one man's bidding. If price takes a direction (whichever direction - whether up or down), its because majority of the market participants are in favor of that move. It's always bothersome when I see traders making analysis with huge expectations that requires the market to work really hard for them. More often than not, they don't even take profits when they see it because of their desire for the market to work more for their good. But, its not that easy. If it was. Everyone would be living off profits in a $5M mansion.

yes , i forget to put the link , but , that info is easy to find from every public signal group , mostly give a fear , but some says its not a bearish signal, but whatever is it, Long is not a good option, and of course , altcoin also included.

Well, fighting the market while it has a heavy correction will perhaps the consequences is accepting your possible loss --and there will be no loss if you don't sell your bitcoin at a cheap price. That is right, there must be some unstoppable force that always wants to make a profit on the market, but it is not easy for them, they need to create FUD just to get people panic-selling, and since we know this strategy of them. Let us not make them get easy profit by following what they said. Instead, make your hand becomes strong and hold until the market surge its price and that is the time to get your profit safety.