Bitcoin Forum

This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.

If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage

all will surely realize and know what you are saying but again that many also have a somewhat different analysis and still believe that it is still happening and waiting for the time to take further action.

why there is a difference, because we cannot predict exactly whether the time is over or there is still time available to continue doing. Because opportunity is golden and if it is not used as well as possible then useless things will be obtained. let people decide what to do because it is their personal right.

Of course, the benefits obtained can obviously happen
various also to do what will be done. we don't know what to do with those profits.
because many clear principles will differ in addressing this and not all will be the same as storing in stable coins as you mean.

I agree that everything must be based on something that is not ambitious and greedy because it can make what should be obtained can be instantly reduced or get nothing. the problem is that the determination of something will definitely be very varied and cannot be equated but the principle can clearly be said to be the same as what you said.

This statement is true for shitcoins provided you make profit from such coin already, but losses are more likely, but profit can be by chance, then such person should sell the shitcoins and buy bitcoin because the statement is not true for bitcoin, nothing like regret, you will gain. If the price fall, do not sell but just hold and the price will increase back and reach ATH, then no regret. But some people may want to sell for some good reasons, maybe this can apply to them, but there is nothing bad to always hold bitcoin.

i have no problem about the movement now . i am enjoying the pump and if even happens that the price drops badly ? i will never regret keeping the holding because i trust my coins and i know even ifd not this year still in the fiollowing years will
reach my target profit.
so caring nothing if dumping happens tomorrow.
i hold variable coins so i can expect great return in the future as i am a holder.

if your analysis is like that, because the new ath has not been formed and the market is experiencing a correction again, I also prepare it by selling some of the assets that I have, so that if the concern is true then my attitude can provide psychological comfort

This bull run is very strange though because it seems like it's just the BTC that goes up and only a few altcoins that soar. It's odd to see this happening because every bullrun we see is also making altcoins going to the moon. It may be a good idea to sit on stablecoin but I might have to do it by the end of the year.

The people in the institutions are up to make BTC $100K so I'm hopeful that it may happen still this year.

From my knowledge the altcoins simply didn't keep up lately with Bitcoin. Against USD they're more or less in the same area.
Also keep in mind that altcoins, if they rise (against USD), that may happen at a different (later) time than bitcoin.
I'll add that altcoins did disappoint me and on long term bitcoin was better investment.

However, I don't find the current bull run strange at all.



Keep in mind that for stable coins you have to trust those issuer. And keep in mind that since we are in bull run, bitcoin price is expected to rise more, hence a trader will probably keep his funds more time in bitcoin than in stable coins (of course, this is my expectation, not a trading or investment advice).

I've heard of some warnings before about issuers that can freeze stablecoin we hold. It's highly possible to happen since SEC is doing some regulations to them.
Its time to really be wary about it. If it's not USDC that's is good to put my trust I suppose a little USDC can be good.

The more BTC goes up, the market becomes bloated. Today we see $57K suddenly jump down to $54K, it couldn't support this pump anymore.

That is the must in theory. But to do it it's not easy. The biggest fear is getting out too early and missing the profit. All the lead to losing money. Having a strong mentality is really important.

That's what you called being smart, if you will not take the opportunity now, you will regret it unless you are really here to HODL.

Volatility will remain regardless of the market condition, but a bullish market does not happen all the time, we are given a lot of time to make a profit and we should be thankful this year 2021 is bullish for bitcoin and crypto overall, however, if we get FOMO and just wait without a specific game plan, we will surely regret.

I don't see any point in buying coins in a bear market when the price is going down every day. This applies to all coins and even Bitcoin. In this case, it is better to keep stablecoins, and then, when the market turns around, buy coins that you are interested in.

As my opinion Bear market means a opportunity for again buy some good and strong coin for long time holding. Bear market is a opportunity only for long time investor and it is a panic time for daily trader and for short time investor.  I see long time investor always take advantage of Bear market, they fill their crypto bag with altcoin.             

I hope it is never too late before the person will hold, I buy when the market is red. If bitcoin falled back to $40000, I will buy, if it falled to $30000, I will buy more. If it falls to $20000, I will buy more and more. We have different ways to hold bitcoin, but this has been working for me.

But still if you check what you post, it is still the same with mine, to buy after the bear market is over is all we are both saying.

Even though that it’s a bullish period for us (especially December where BTC started to pump like crazy to as much as $30k last year), we should not end up being greedy. It’s better to take profit when you are in good profits. After all, a profit is a profit even if it’s small.

While we are getting close to breaking ATHs again, this is our good chance to take profits happily whatever coin or token we have in our portfolios.

There's a trailing stop loss on exchange for this kind of scenario so that you will not be obligated to TP if there's no bearish sign or significant price changes that might cause a bullish cycle. I do this to secure TP in case I'm offline by the time  heavy dump occur giving me a profit despite changes on the market. Maybe try to explore that order feature on exchange. Binance is the only exchange I saw this feature but I don't if other exchange have it too since I'm not using other CEX than Binance.

Today, the price got correction again after reaching $57k but I still believe that the bullish trend will continue after this correction, although we do not know how long this correction will last. Hopefully, it is just for a few days and the price will start another rally to reach the high price and maybe the price will have more support to back to $60k or more. When the price finally reaches the highest price, you should take your profit while you have time because you will lose that moment if you do not sell. But if you have a plan to sell your bitcoin at $100k, then you do not have to do anything except just waiting for more.

I have some coins from 2015, I bought them for $250 each, and I still keep them today - can you tell me why I should replace them with so-called stablecoins if just holding all these years works for me better than any other option? Yes, I know I could have had more coins - but I'm not greedy.


Hardly you or anyone else can be completely sure when (and whether) the bear market will start - because some have been claiming for months that it started, from the moment ATH was reached and the price went downhill. The people who will suffer the most are those who will invest close to ATH, similar to what was the case at the end of 2017 - but only if they decide to sell at a loss.

Anyone who invests in BTC in the short term is always in danger of not making a profit, but I am one of those who will advise everyone - be smart with two things, choose the best time to invest (before halving), and monitor the situation for the next 1-2 years - if you want to profit, you can hardly go wrong.

I don't think so as of now I think it will enter the correction price. This is my personal perspective based on my technical analysis but I think it will go down to $43,000 - $42,000 upon checking the market I see that my analysis is still valid and there's still chance that it will crash anytime soon, we will see about it.

I have placed pending purchase orders in approximately the same price range, but it may happen that they will not give such an opportunity to buy at such a price. If a large buyer enters the market and positive news follows, the price will soar, despite the fact that everyone expects a correction.

Price is moving to the all time high months ago and the Fear and Greed index (https://alternative.me/crypto/fear-and-greed-index/) was at high, 78 yesterday. The pull back today helped to pull the index back to 70. It is still high and Bitcoin can be pulled back more but I think the chance for Bitcoin to break $65k is real.

Hours ago, the market did not need too big volume to keep the price recovering and now we see Bitcoin is exchanged from $55k to $56k. Good enough but you have to think of two plans: Bitcoin will be corrected more or will break the all time high.

Days like this always happen in cryptocurrency and lucky are those who are holding good and potential coins for a long time. As for me, it would be better to make profits these days rather than being greedy and wait for a higher profit. This might only be a correction time yet we must take advantage of it.

Market is not stopping for anyone as it is completely volatile and going the way it wants as more as the situation it brings can changes the whole criteria for trading which we had already chosen and can be doing with it, but in more saying that the greed can be there  a little but , through which we can't do it more profit and have a challenge so.

I Think this bull run is very strange, Bitcoin price up and with some Altcoin price up like bitcoin. Many holders are luck who hold the valuable coin cz crypto price increase day by day.Few week ago bitcoin price was $42k-45k$ but now bitcoin price around $55k+.I Think bitcoin price will be more increase November and December moth.

We are still bullish so don't think too much that bear market will be coming soon. It will, eventually but for now, let's take advantage of this bullishness. If you compared the price on between June and July, some people think that the bear market is coming plus the FUD of China that almost as effective as they use it in the past but fortunately, people learned through time that hodling is more important than selling at a loss.

Anyway, looking at the price as of writing right now, it seems that it's going to retest the resistance again that might proceed to break a new ATH. Hoping so, because if it's not going to happen then most of my prediction are true that it won't break a new ATH.

Always use sound trading and avoid market greed as much as possible. Everything will definitely welcome to the bear market and the prices of all coins go down except for the Stablecoin which of course we have to prepare from the start. But who knows when a bear market will come? because someone who enjoys rising prices and doesn't care about a slight decline has clearly made him feel away from a bear market for a long time.
So in this case, 75% to keep profits from stablecoin is an effective way to deal with market arrivals at any time.

But when you are dealing with stablecoin, how can you assure that the backing of it is real? So you have to be careful also if you think of converting your assets to stablecoin. The up and down movement is only natural in this market. Bitcoin for me, is still one of the good options to have in your portfolio as we know, it will not disappear if most of alts will be abandoned.

Buy low, sell high. Apparently, some people now are selling it already just because they have been contented with the price but those who want more (aiming for $100k) will like to hold.

Well, it is our own market discretion, sometimes we thought that more pumps are to come instead of declines that is why we still hold. I'd never find it greediness but kinda we miss something if we are wrong with our prediction. Making such a decision must be coming from our will so we have nothing to blame in the end but just ourselves only.

If you won't take your profit now and missed it, there's always the next upcoming bull run which might be larger than this. But this is only applicable if you're okay waiting for that next bull run because we'll never know when it will happen. And since this bull run currently hasn't yet ended, we can't tell when it will happen and as well as the ending of this bull run. It should be the first thing that we must look at first before thinking of the next bull run.

to wait for the next bullrun, sometimes we are impatient and our psychology is shaky, so panic sell occurs and harms us. therefore for me it is better to take profit when the bullrun occurs and wait for the price to correct again and prepare to buy

Yes, many of us are impatient and can't wait for the bull run. This results in selling early and can't take it any longer to wait until it comes. It's not bad to take profit if you want to and you deserve it. Treat yourself with some profits that you need. Whether you'll use it for something meaningful or not, you can take it as your will wants to. As you are saying that it's better to have your profits during the bull runs, many will agree especially those people that have taken their share of the long bear market that has happened a few years ago.

I don't want to call the long term hodlers as "greedy", instead I admire their patience as they want to maximize the profit and settle for a target.
After all, If prices declines, there will always be a time to bounce back. Just like how Bitcoin has been growing, So I guess the asset is always safe as long as it has not been sold at a much lower price.

On the other hand, selling at this current price range will surely gives the investors a good profit, especially those who bought at around $40,000.

yep thats a good decision but on bearish there's an opportunity as well, but only gaining quick profits, and you must have "risk management" because without such thing in bearish mode it's not safe to trade to make small profits and there is chance of losing than winning .. So if you don't know how to apply it then probably much better to stay in stable coin until the market turn into bullish again for your safety .  :D

Currently I don't really understand the market one day it was crashing and of course I sell it and after I sell it it goes back to its original price. I need to improve more my analysis and won't base my trades on fuds and emotions I see a lot of post in groups that the price are crashing but it seems it was just a trap.

Usually this expecting for the next bull run only applies to the established and long run token like bitcoin, ethereum and other token listed in the top 10 token in coingecko and coinmarket cap, owning any of these token are worth hodling. Also, you will not going to be discouraged once you missed to take profit after a bull run because it is expected that next bull run will come however it is not precisely known when will it going happen again, so patient is a virtue here. Currently, the price of the major token are in bullish trend finally the market have had recovered from the recent price correction but still price corrections are coming in unexpected time.+

Yes, it's applicable for the top coins and those established ones. That's why those that don't have these coins and hold those uncertain altcoins in the future.
They should have got themselves some good coins and sell those random coins that they have for now and convert them to the top coins. That will make them in good hands and can wait for the future if they're holding those good and reputable coins.

It's supposed to be a run and we are just looking at a walk.  ;D I am waiting for the next pump and it could be soon. I think it's just correcting into its rightful place and soon the real bull will come and I won't even regret selling nothing from this recent hike.
It moves back at a range of $2000 but all of a sudden it goes back which I think is a good sign that the bull run is not really over.
I'd rather wait, and if it goes the other way then I could just wait more.

Well, if everyone starts to execute this strategy then price will go bearish from bullish. Yeah its always good to take the profits if your goals already reached but you shouldn't have to regret if the bullish trend continues even after you sold your coin.

You are not just experimenting with the market but your trust towards Bitcoin drives you to think very optimistically for the future. (Maybe) you're right in your decision, only a few people did this while the others (even like me) will take the opportunity to sell some during the price spike. But seems it wasn't a big deal for you to lose this chance, well, that is up to you.

Anyways, I feel being positive also for the incomings. I'm just uncertain how far the market drives high but seeing another ATH this year was not impossible. We'll be looking forward to seeing that but I can't assure that my holdings are still intact as it is possible I sell them along the way. 

Everyday is not SUNDAY. OP is right, this bull run wont last forever. But when to enter and quit the market is something misread by many crypto traders. There is a quote from Warren Buffet "Buy when everyone fears to buy and sell when everyone greedy to buy". Right now everyone is greedy to buy while seasoned investors are busy selling there stock bought at dips.

too many plans will make it even more confusing in every trade, because making a proper plan is only two phases, where the first phase is trading in the safe zone holding potentially good ALT on every move and the second phase just needing to hold on to the price of each exchange.

This dump and pump is normal imo. And I think if btc does not pass behind 50k$ completely the bullish market will not over. It's true that the sudden dump does not support any good pump. but it will pump maybe it can take some times to that. And if it suddenly dump below 50k$ and keep the price below I think then we have to wait again for some months to see new ath.

I think we can expect something good in December or January  from whole crypto market, I am stil waiting for new ath in  bull run. Crypto market being recover i now it is time for waiting.       

The reality is that bull run happens to almost any coin, I believe that we are going to see many other coins do well as well. I just do not believe that we are going to end up with something that is only top 10 when things go up, we are going to see many that will go up. Of course it could be done in a way that it would help everyone, but it is not going to be the only top 10 and not every single one, it will be something in the middle.

I can see few hundred coins reaching their ATH in the next bull run, there are 5k+ coins/tokens that we know in those lists, much more that did not get listed as well, so that means there will be 4k+ that will not break their ATH, but still a few hundred that did it, not just top 10. It is difficult to pick those few hundred, which is why people stick with the top 10 and that usually does bring profit in the long haul.

Related to the price is on bullish... good initiatives are certainly needed, we have to think further ahead, and where our mindset here is really like being tested in terms of market trends for now and the next.
Especially in trading, preparation and preparation must be really prepared to face all possibilities that occur by continuing to keep pay attention to the market from time to time and the right coin to pick.

at a bullish time like this, of course in our minds we want to participate as soon as possible to get a profit as soon as possible, but our logic must play, so that we continue to analyze carefully, the risks and rewards so that we remain ready to face whatever will happen to the market.

Bitcoin is back to strong this day and the price is almost closest to $60k and if there are no other problems, the price can reach $60k in the next few hours or tomorrow. Once the price is back to $60k, it could open more opportunities for the price to increase, but we must be careful because the correction will come again and the price will reach the high price. Maybe you can prepare yourself if you want to sell your bitcoin at your target price.

well .. a lot of people have predicted it and the resistance lay at $63k , we might experience quire huge correction and multiple attempt to repeatedly test that resistance line. guess that im pretty worried that it wont ho there to over 63k easily.
Take some profit now, just in case .

early new year might become the turnover.

Yup, it has crossed $61k last hour. Really its back on it bullish track. Hope its crosses its ever ATH in a day or two. I am sure there might be some correction  before it reaches $63k. Its again a good time for other top alts. We might see reasonable hike from alts tomorrow or on upcoming days. Its better to take profits now. Right time to see a turn over. Convert into a stable coin to be safer if in day trading.

To be honest, the price is bullish now. Those who are already doing research have made good profits today. Their future is assured. But it will last for a long time. Every year there is an opportunity. Those who can use it are successful. And those who are lazy are unsuccessful.

Taking profits now is only for the short sighted investors. We are clearly on a bullish trend here and this could go further, maybe even reach new ATH.

Of course, it is good to have an exit strategy but it is even better to have a flexible plan that allows for such growth...

FOMO is inevitable but this is all cyclical stuff anyway, and you can't run yourself short now by securing some small profit compared with the potential profit - though, this is just one opinion and it may not suit everybody but something to think about I suppose.

I’ve been thinking about this for several months already. Probably a period of stagnation is coming like it was in previous years. So maybe it’s really time to think about stabilization. However, today BTC has almost achieved 62K. It was rather unexpectedly for me and I began to doubt. Then, my friend sent to me screenshot of some twit. I had found this twitter page, surfed though it and decided that maybe I should wait a little bit with stabilization. Hm..

https://mobile.twitter.com/100trillionusd - This is that twitter page.

Especially I liked this graphic: https://twitter.com/100trillionUSD/status/1406577006230245376?s=20

What I see now is we will achieve a new ATH and it's not wise to exit already when bitcoin is about to create a new ATH. With a new ATH going to be achieved soon, I'm thinking of selling bitcoin at $70k as that's probably the next stop if it continues to be bullish.

$62k price as of this writing and i have searched on whats the actual reason then this is the nearest one it seems.

https://www.cnbc.com/2021/10/15/bitcoin-is-inches-away-from-reaching-60000-amid-etf-speculation.html
https://www.reuters.com/business/finance/us-sec-poised-allow-first-bitcoin-futures-etf-bloomberg-news-2021-10-15/

Wont be surprised if we would be able to break its previous ATH and would make some new.

Hopefully this kind of dominant situation of Bitcoin will soon caused other coins to be pulled from their respective resistance. Though there's a bearish fears, of course we should be aware of that possibility but we need to push towards the limits. Don't be hesitant on what you're about to achieve, price will be raging from time to time as unexpected things tend to exist further.

I also think the same, for this December it promises that many things can happen, however if we go to the S2F model many predict that it may reach $ 100k this year, based on that premise it is very likely that those small investments that are made in these moments with a target lower than the ulutmo ath at $ 64k, I interpret it as a very good investment.

This whole panorama can change, it can happen like in 2019 that we all expected it to reach a good price and what it did was go back, all these scenarios are very possible, but you have to be careful.

Nothing Last forever and same is the case with bull run also as the market will always shift on both sides and there is nothing to worry in that case.This is bull cycle and you could make profits by selling your coins at peak and again buy them at dips.Enjoy both the sides but i am taking about btc only not other coins available in the market.We can't say of ourselves also and this is market only.So be smart and make your move wisely.

I believe that people who are smart enough already started to let go some instead of buying, however holding is fine as well, yet buying right now doesn't make sense because it is already high right now. You know what the problem with that is? If you end up buying when it is low and sell when it is high then you are not going to be able to make a profit when everyone else starts doing the same thing as well.

People need to sell when it is going down so that you would make a bit of a profit as well, otherwise the price wouldn2t drop. Think about it, if the price goes down, that means people are selling so when you say "buy low and sell high" there needs to be some people to make it low, and that means people sell when it is going down to make it low and hit the bottom. Same goes for the top as well because it is going up since people are buying at the top as well.

How we could know when the bull is over and start to sell it to fiat, many successful people from cryptocurrency are a long time holder which generate multiple growth from it's invesment.
Back with the crypto principle, only invest the money that we can afford to lose. So when we invest, we planned to hold the coin for a long time.
But it's depends on the investors itself, there are the type of long holding investors but there are just a traders who take low profit from each trade

Right now, we see another bullish as we see bitcoin price can back to $61k and hopefully, that can trigger the price to increase more than now. Sooner or later, the price will break $64 as the last ATH and make a new ATH this year. But we have to be aware of the bearish because that will happen later after bitcoin reach its highest price. At this moment, we need to be ready to place our order sell in bitcoin trading because the chance for bitcoin price to increase still is wide open. Do not forget to close your trade if you can make a profit.

Sounds like you really believe that the bear market is around the corner. Did you sell all your cryptos into stable coins already? In my opinion we are not close to a bear market. The opinion towards cryptos is still positive from many investors. Why should all these investors lose their confidence quickly? A big factor behind the current bear market is the rising inflation. Investors are lacking investment opportunities. Cash and bonds are a no go, the low interest rates makes them obsolete to hold. The only real alternatives are stocks, commodities and cryptos. Since stocks and commodities are close to their ATH the only real opportunities are in the crypto market right now. I am not taking any profit thus year. As long as I have fiat money I will always use that first to pay bills and other things.

Well, this is the ecosystem of crypto business industry where there is no forever happiness in trading ;D
That is why as an individual traders here you need to enjoy while feeding yourself into knowledge about in crypto of course.
So that in the end you can get a nice profit for sure. Just like now, it is better to hold if you have some altcoins into your
wallet as long as you know it has a potentials in the future.

For now it is bullish, seeing it from a short-term point of view, if we study the long-term market I think that following Wyckoff's theory we have been in a bullish phase for quite some time, but with a very long correction, I think there is still a long way to go. I see the Distribution stage still very far, and taking into account the S2F prediction model we are just beginning the uptrend phase, when they suggest a target equal to or greater than $ 100k. For now I think that anything is possible, I may be in a bullish phase, but a correction can occur that can change everything and that many think that it went from bullish to bearish, it is for this reason that I am guided by Wyckoff's theory.

I believe that bear market will not come anytime soon. However what people are fearing is that we have increased so much and that is why people are not sure about what they are going to see in the future. Sure it went up so much right now but then it could crash. Remember it is the peak that we start to see the drops and that is how we get the bear runs. Last time it was 64k and then dropped as much as to 30k and that is the problem that people have right now because people think that it could happen again as well.

How can we guarantee that it will be 64k again and not fall again? It could definitely drop like that and thats why people are afraid of what could happen. I agree that it will be doing good but I also understand people who are afraid of what could happen.

Such concerns are caused by the fact that the price of bitcoin has recently increased by 50% without a significant correction. And now that the BTC price has almost reached its ATH, it has a better chance to go for a correction than to overcome the historically maximum value.

The price will only go down if the SEC does not approve any physical bitcoin ETF, at the moment I write the price is at $60,900 precisely due to the uncertainty that people are already starting to have regarding sec not to approve any physical bitcoin ETF, like some weeks ago analysts kept talking that there was a 75% chance of SEC approving some physical Bitcoin ETF the price started to increase a lot, but the opposite can also happen: if the sec does not approve some physical ETF bitcoin, the bitcoin price will drop a lot

We've come bullish since early this year, although we have had some price correction in the past few days, however, we're still rallying back again. Looking for another ATH but seems impossible to reach $100k as most of us here are predicting. I just think for the market to break $60k and lead to $80k as a new ATH this year is quite possible.
And I just hope that FUD's won't show up this time as this usually gives some reason for panic selling, especially for the newcomers.

FUDs will be always coming, we may see again some FUDs in the upcoming few weeks. But let's hope there are no big impacts on the FUDs and some experts will try to ensure people not to be influenced. We cannot avoid that some people may sell their coins because they are in panic, it is human nature. I am sure if there is a FUD that states the bullish will be over soon, many people will consider selling their coins.

I totally agree with this opinion. when a bull market occurs, it would be better to convert some number of coins into stable coins and wait for the next price drop to buy some more coins. to be honest I most often get conditions like that rather than holding on and waiting for higher prices.
well, it's okay to be ambitious when it comes to profits. however, the most important thing is to have a strategy in it. Currently the price is bullish, but I don't think it's for altcoins yet. maybe I'll take this advice when the price returns to the pump.

The bullish can end anytime, so better you be careful and know when to get out before you lose the time to leave the market and lose the chance to make a profit. The price still increases although the price has been down for a while but I think the price could still increase after this so we can be ready to sell and make a profit at another high price. So enjoy this rollercoaster and prepare for anything that will comes.

The bitcoin is doing great at the moment and I don't think there will be a dump like we witnessed in April!  Bitcoin in a matter of days may consolidate and found another support before new ATH!  Taking profit without proper analysis we lead to losses of  gain if you have held your coin! There is still room for growth and bitcoin will definitely test another ATH!

The market is going like a bull now and the bitcoin price is increasing more and more , I don't even know what we can do now in trading? any tips for the traders as it is really bullish now a days the bitcoin already crossed  $62k , so it would be better to change some trading strategies and follow new one before entering the market.

The price is bullish  to me now because I bought some binance coin(BNB) when it was at rate of 500  per one  USD but since that time I bought it, it has been dumping and update the coin have not even reach the amount I bought it. I am thinking to hold or sell. So I am confused because I am not financially okay for now

I am totally getting what you are suggesting, but booking profit is a part of the strategy that any individual trader prepares. Some are here to stay longer and have good risk-taking capability, and some are here to obtain many small wins and move forward. Yes, it is beneficial to book profit when the market is bullish, but you never predict that it will fall soon. Maybe it's going to beat its own higher position. In my opinion, it's completely a personal choice.

now the price literally going crazy, with no top , guess u should have exit plan, remember dead May before, but the good news, its still far from over, btc wont get high correction like 2018 before touch 140k ++ . of course this is just my thought.

It got actually a top and it was near $67k and I've thought that it will break to that price but it didn't. But the good thing is it didn't went close to $59k but only $60k. This is actually a good sign that the dip was truly healthy and it's recovering a little by little. Thinking of an exit plan is too early if you're thinking that at this time. If you're satisfied then with $60k+ then you should have your exit but don't regret if you ever see and realize that bitcoin has the potential to go more than $100k.

I think bull market will run through the year and beyond. Cryptocurrency is actually growing and the new investors are more serious with the mentality of corporate world.  We may not see bitcoin dipping 80% like it was in 2017 and some other years.  Holding is simple and the best way to maximize gains!

we must learn to be realistic with what we decide. if we go out and the price reaches $100k, it means it's not our luck. things like this are common to a trader, but what's the point of being disappointed, because we have made the decision, and actually if we exit the market from bitcoin, we can choose altcoins that have the potential to get big profits back

Even I am a long term holder, by 2018 I regretted a lot for not taking out some profits to live with. I was over confident after seeing bitcoin prices were playing from $10k to $19.4k in less than 14 days time frame like we are going to have continuation of bull run even in 2018 but when bears started dominating, I was upset about not booking around ATH which again led me not to both about anything below $15k.

My simple suggestion to anyone like me here, even you are a strong believer of bitcoins, just book some 2% to 5% of your total holding around ATH or by end of December month and then you may get chances to buy back for more than 70% discount by end of next year. Just think about and act wise; we cannot copy Mr. Satoshi's holding policy completely hence booking for small portions will help for sure.

This means that panic selling doesn't visible this time and have to say that the people are learning already. FUDs had been almost ignored this time and it was not affecting anymore. It is really good to see like that and this could help for the fast recovery and bring back the price to spike again.
I was seeing that we end this year with strong market support. And I was predicting that we gonna reach $80,000 next month.

and i dare to bet 20k it's the new price floor for btc when wipe out came later. just imagine , according to JP morgan , investor on gold ETF move their fund to Bitcoin ETF ,a few of course,but that can be a signal how bullish this year.

If it lands to $20k as the floor price, that's too much at this rate but everything is possible. The lowest that we get this year while we've seen the ATH was $28k and it's close to the price that you're saying. What do you mean by wipe out? when you say wipe out, it's going to left nothing at all.
So if you're standing on that assumption that a wipe out will happen then there's nothing left anymore whether there are gold investors or etf investors in the market.

I think that we will not see 20 in the near future. Although Bitcoin is not the most predictable currency, there is no need to say for sure.

This year's most important positive news on bitcoin ecosystem must be the approval of bitcoin ETF after El Salvadar's adaption. But, we bitcoin ETF news came this October but bitcoin remained bullish since last year's November/December so I am not ready to agree that bitcoin ETF is key factor on deciding the bullish trend of 2021. When bitcoin ETF news was arriving, bitcoin was trading around $55 to $58k levels and it helped bitcoin to get around $67k levels.

It is not unpredictable by considering its history. I mean we need to go by what happened in 2017 and 2013. This way I am expecting we are never going to see $30 forever hence talking about $20k is not getting me any sense.

I also think of the same.

But I don't want to expect with full joy on that. We still have to balance and think that everything is possible in this market. We might never see that again.

Or we could go there as near as it is just like what happened just this year too.

Well I already experienced different situation from holding to trading and I can say that best on my experience i see that everything in crypto is unpredictable and based on my observation from year 2017 until 2021 I saw that the people who has a strong hands to hold is the people who earn a lot in crypto based on price and every coin that they select or choose to hold it is also sometimes depend on our luck because no one can predict the price and the future development in every ICO that we invested sometimes best ICO we'll be abandoned by the team or by the developers and lead the coins to fall into zero value.

Do you mean BTC price to drop $20k? The current price is about $60k and probably continues to increase because of much positive news lately. So, it doesn't make sense if Bitcoin price drops $20k in the near future. Instead, I assume the Bitcoin price to increase again above $65k in the next few weeks. Even if Bitcoin price is sometimes unpredictable but it looks like in a good trend, that's why I predict it is likely to increase again.  ;)

Imo, it is the starting of the bullish era. because many altcoins are still struggling to reach at least their own ATH. But most of them are not. Hopefully, Bitcoin will not crash again so that altcoin season will really happen this year, at least next month or at the end of this year.
Well, this may be a difficult prediction, moreover, we can find so many predictions about the pros and cons of the bullish trend this year or next year.
However at least, now we can breath fresh air with the price of Bitcoin is still more than $60k

Please read back to what he said. He never said that BTC would fall below $20k but he thinks BTC will not go $20k anytime in the near future.

However, @zaesvlas please do remember that BTC had been the most unpredictable cryptocurrency and saw a steep decrease of more than 50% (towards <$30k) in its price after reaching $65k ATH for the very first time, so thinking that it's not possible itself is unreal. Anything can happen any moment because even after having institutions involved at that time, BTC did a hard correction in its price then how can you think that it's not possible for BTC to get there again? I do believe that the recovery was quick and healthy but the faster it goes up, the faster there comes a correction. Though, BTC may not go there for some time because Nov-Dec-Jan trio had always been very bullish for BTC.

It went from $38k to $60k USD really quick. So probably we will be seeing another correction. Maybe this time it will be around $50k. Though I have been reading everywhere that the price will reach a  new all time high within the end of the year. We never know what's going to happen. And if bitcoin goes bullish, most of the altcoin suffers. We have seen that a lot. But things have been a little different this year. Surprised to see altcoins performing well even when bitcoin was both bullish and bearish.

I'm not sure if he can go to $40k-$50k. The dip that we have seen in a natural occurrence in the market. After new all time high, the speculators sold out and make profits. And if the pattern will continue, to achieved $100,000+ in December it will take like 2.5 months again. So the lowest that we can get is around $60k to be able to hit what everyone is expecting in December and what others have been banking on, the S2F model pushing at least $130,000 or more.

This is the great opportunity many investors have been waiting for, for the price of bitcoin to hit $60 before releasing their coins for sale. I will be part of this great opportunity because i have been waiting for the price of bitcoin to increase to $60k or $65k before i will put my coins for sale.
According to some researchers, this pumping will last till next year 2022 before it will dump for many investors to achieve massive profits from their businesses. Since the price of bitcoin has been dumping over some months, show that those long term investors who have been holding their coins till now, will have every reasons to be happy with the new pumping in the market..

Even though the bulls are happening but many people are still considering and looking further and prefer to be calm in facing the market.
But if you care more in general about the larger global crypto economy, it's time to soak up some good news. Our goal is to highlight some of the latest trends and then talk a bit about what we might see coming from bullish market movement patterns in this period.

I know what you mean mate, Bear market is the good time for us to take advantage to choose in which coins that has a potentials to increase in the future that will give profit to us, and it is really a good chance now to buy them as long as you know how to choose the right one coins to hold in the long term of course.

But, getting into $60k levels is not first time hence this time there would be no room for correction from the current price levels. I mean only when prices moving too fast for the first time, we could expect for a steep correction. Recovering back to $60k levels must be an indication for getting into 70k to 90k levels at any time soon. I also believe that the trend of bitcoin market right now is too bullish regardless of the small correction we had for last 2 to 3 days up to $58.4k levels.

We are about to enter November month which is really going to be too exciting by the looks of what we have experienced by November 2017. If there will not be any new negative news then probably we will enter December month with prices trading above $100k levels.

Absolutely right. Bull runs come and go, we should plan well in advance to book profit before it lasts. I think the Bull Run in Alts is still in the middle and it will continue till January,2022 if Bitcoin remains above 60K during this period. The major Indictor of Bull run in Alts is Bitcoin Dominance Index which is still higher ( 44% ). The Bull run in alts will go in full swing once it comes below 40%.

This is a great opportunity for many investors. They have waited this for so long. Eventhough prices are too high now but still, there are lot of people who still choose to be calm facing the market. We experience this to remind us that in every dumping of price, it has the chance to pump and experience this moment. Since the price of bitcoin dump for some months, it shows that investors waited this for to long holding their coins. So now, will have every reasons to be happy with this new pumping of prices in the market.

The market is not looking good for me to release my coins for sale than to hold till next month, when the price increase higher. The price of those coins are not too stable right now, I believe before next month it will be more bullish than this because many long term investors are still watching the market price, if it will still look beautiful than this before they can supply to make a good profit from the market, since bitcoin and other altcoins are preparing to be more stable in pumping.

I guess we do not need to think and regret about what were the opportunities got missed or anything similar and related to bear market but we need to plan up and get ready for grabbing opportunities from the ongoing bull market. I need to agree with OP that the current bitcoin market must be insanely bullish but only very few people are making use of dips to ride along the bulls.

It means you cannot get into peak levels even it is strongest bullish trend right now. But, you must wait and enter at dips so that you can maximize your profit making opportunities.

You nail the traders who buy the peaks. I mean bitcoin being into strong bull run got nothing assured about our profits. Unfortunately I am seeing people losing their hard earned money even in this bullish trend.

There should be 2 main reasons why they are suffering:
1. No technical part involved with such traders.
2. Randomly buying by trusting the overall trend.

Timing is very important in every market which means we could make profits even in bear market in spot trading and the reciprocal is also true which is the reason we see people losing even in this bullish markets.

Well the price has been fluctuating a lot, it is necessary to emphasize that the BTC ETF has influenced the price a lot, in fact this has opened the doors to many Wall Street investors who have been betting on BTC for some time. Some are thinking of diversifying their portfolio much more, they see an immense opportunity because they believe that BTC will not only reach $ 100k quickly, some think that it will go well beyond $ 150k.

According to some opinions of experts who have been on Wall Street for years, BTC will very soon become a currency worth buying to become a millionaire.

Crypto is running strong. There will be a small dip over the weekend, but it's not finished growing yet. We are leaving the industrial era and entering the digital era. Big things will happen over the next few years

Technical analysis, traders are expected to find signals to buy (buy), hold (hold) or sell (sell). To spot a bull market, traders can perform technical analysis such as Elliott waves. Usually there are several main things, namely changes in crypto prices and transaction values are also very important.

I'm not sure if there will be small dip in the weekends. The trend has change now that even in weekends, traders are busy to try to squeeze some profits.

And I would say that the bull run is not over yet, of course, we need to plan if ever their is the first sign of a bearish market. But for now it's better to enjoy this bull run up to December (two months). And then we can decide what to do then in 2022 or at least in its first quarter because if history is going to repeat itself, we might see some sign of bearish cycle then.

There are people even though they have their profit does not want to pull it out due to some instances like they want to get more profit and they do not need the money right away. Still, its an ideal thing to get a profit immediately because not all the time the market will bring back again to the previous ATH.


Base on my experience too mostly on weekends and sunday the market is on the down trend in some cases we need to consider this if we want to trade or to cash out.

In my opinion, if the market is indeed showing a down trend this weekend, then obviously taking profits faster to anticipate is the safest way. Due to the relatively up and down market movement, of course we will have the opportunity to re-enter. Plus when trading on altcoins, it's a good idea to take as much profit as possible instead of waiting for a second increase.

Agreed. Historically, the markets look strong around the December period and if one was to plan for a bear market it certainly would be sometime around Q1 of 2022.

Having said that though, not one bull run is the same. So with retail investments pitching in we may be looking at a different market topologies than the ones expected. We'll see, for now let us enjoy the moment...

The condition of the market in now a days is really good and has a good height indeed, but the thing which matters is the buying price and the entry of the trader. at which point he is taking entry in some coins, that may give you a right time for the profit. So, the price is very good at this point and can get more and more profit.

Well the market has been able to maintain a price is that is close to the ATH. Bitcoin has been above $60,000 (currently $61,000) and it doesn’t seem like it will be going down anytime soon. But it is still good to prepare ahead, because the market can still surprise you at anytime.

So, if you are holding and haven’t taken profit for long now, it would be best to consider if you’re to take profit now that it is at this point, so that if it eventually crashes you wouldn’t have much problem with it. After you have taken profit you can leave the remaining part of your assets to keep growing if there should be further growth before the year runs out.

Absolutely right. The Rally in meme or shit coins is comes in while and it is very short lived. It benefits few and hurts many fortune seekers who put their monney in these coins to get rich quick. I think we will  see Bitcoin reaching above 100K before the end of 2222021 as predicted by many experienced and well known Analysts like PlanB and it will trigger huge Rally in all Top 20 Alt coins of coinsmarketcap. Let's watch and wait for this great moment.

Definitely. This just means that there will be chances after all of those hard time experiencing dumping of prices in cryptocurrency. Since, the market condition is great this time then, it is a great opportunity for many investors. They have waited this for so long. This is also the right time to take or earn some profit. Experiencing this just means crypto is going strong. That towards everything we've experienced, there will always be a chances to experience this.

A bull price is a very loose concept, you don't need to invest here and now, you need to approach this issue more systematically, because there may be a market correction and then it is best to enter the market and run along with the bull run and earn your money on the stock exchange.

Well at this time obviously there are many who are entering a currency called "shiba" and there is a lot of FOMO there, as long as there is a bullish trend of BTC this may occur and stay up, but at the moment that BTC makes a correction, These coins will fall a lot, for me meme coins are special for those who hunt the pump and dump, and I agree as you affirm, that according to PlanB this year it will reach $ 100k.

This is normal to cryptocurrencies, they all follow bitcoin price, just like you said, it will be a more big blow on altcoins if the price of bitcoin is falling, even to the extent that altcoins will fall more than bitcoin. Only that what happened to Shiba Inu recently surprised me, when bitcoin was at $67000 when it reached ATH recently, Shiba was around $0.000004, but when bitcoin price was dropping, many other coins followed as usual but Shiba continue to increase and reached $0.0000089. But the coin has decreased now and it is presently below $0.000006, while not mean it will not follow bitcoin price again.

Some altcoins such as the Shiba Inu movement are sometimes different from other altcoins that follow the movement of Bitcoin. Shiba Inu's
movements are indeed difficult to predict due to FOMO, so it's not surprising that 10 days ago Shiba Inu reached new ATH, even though the price of
Bitcoin at that time was experiencing a correction. Something like this happened to Dogecoin 6 months ago when the price of Dogecoin rose to reach
new ATH, even though the price of Bitcoin is experiencing a decline. We must be vigilant when deciding to invest in meme coins or shitcoins, because
coins that do not have strong fundamentals are often used for pump and dump. So indeed, investing in Shiba Inu we must often monitor the market,
if the price of Shiba Inu suddenly rises, that is our chance to take profit. Holding Shiba Inu for too long is very risky for us to lose our money,
so investing in Shiba Inu is only for the short term.

Meme coins like shiba really have a big risk when the price drops it looks like it will be difficult to reach ATH,
apart from that if we can use meme coins well, of course it will make a profit too

For some people it is doing good but for most other people are feeling like market in stagnant mode which means they are unable to make any profit because market trading within a range. We usually love market when it will be getting us a new ATH but I am sure market is not showing anything like that for last 20 days which must be really frustrating moment for active traders.

Marketing remains in bullish mode is not that important for active traders but they just want it to be moving up and down more wildly so that they could make profit out of those fluctuations.

Yes, and based on the fact that it is always good to have a balance between profits and risks, in this case, in my opinion, the risk is much more, despite the fact that the currency is at a very low price, if it is bought in volume, in USD It could already be something considerable, and there would have to be an Elon Musk or someone similar who can push the coin at a great price, and this type of movement would have either incredible luck, or that the devs are friends of very famous people who They can grow the currency to new levels, but for now what I see is more risk, if BTC does fall, Shiba could take a very hard hit.

Currently market conditions are certainly in the best position for early investors. In order to open a new position in the current market, of course, proper analysis of the market is important. Because just like you can enjoy a bull run, when the market goes downtrend, you have to be prepared for that situation beforehand. An experienced trader makes good use of money management when opening a trade and is well prepared for when to take  profit. So taking a profit in line with market movements would be the right decision unless you are a long term investor.

For sure it's not done growing but have you considered making more coins selling once a new high is made then wait for a slight retracement to buy back there by making more coin to get more value for your portfolio and this will even make you earn more while holding. Also you can still be making profit while waiting for  the next few years ahead where the market will be more bullish

They are in huge profit if they still hold their crypto, but I guess they sold them already. However, this uptrend motion makes traders become profitable, only just to look for the moment when there is a price deduction. The right of choice of coins still matters a lot at this time and with the use of effective strategy can certainly make positive ends, and it was best to consider that high volume coins, not those in the hype.

Even though we have this bullish trend, we don't be so confident that it all be like this still, we need to analyze the market carefully and make sure to anticipate any market changes.

Now, the price looks bearish for some.

But this bearishness of the market is still not that bad at all, a correction after correction will still make it look at the best shape. Take the profit and do your part of holding for some buybacks if the market goes bearish for a while.

Because it will eventually recover usually.

Well, you statement is correct. I agreed actually, but of course we still need to be more careful in choosing in which coins that we are going to invest or to buy. Because there are some of the community invest only without checking it first in the place where they didn't know it is one of the shit coin were in the end they loss it. But I can't deny that there are a lot of the coins in the market in which are dumped their value.