Sometimes is a defensive thought, sometimes its an offensive one. I'd never sell it all, but converting some to another tangible asset has its merits.
I think it is worth taking a few profits along the way. I think it is very interesting to sell about 1-10% when you reach 1000-10000% profits. Then you can reduce a lot of your invested capital, reducing your risks and you will fell better when the price crashes again. As you will have some capital to buy back. You are right, this works for me as well when ever I buy at higher price I use to buy it again if the price drops as soon as the price goes up immediately I will try to average it and sell it best price, I always feel that avoiding loss is also a part of making profit because if the price goes down continuously then there are more possibilities for huge losses also we do have lot of benefits like dumping money can be avoided and we can trade it again and again. |
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The longer it remains at sub-40,000 level, that much greater will be the chances of another correction. At least some of the investors who purchased their coins at around $10,000 per coin will be tempted to book their profits. And this profit booking can trigger the next correction, and there is a good chance that the prices can fall to $25,000-$30,000 in the short term (before the next rally takes it to above $50K).
Exactly else we wouldn't have saw such a big drop which happened last week it went down to 30k which was a really big deal then again it made a strong come back and now it is rallying at 36+ I know BTC is a unpredictable king in crypto but I never thought it will make a massive comeback after that drop however it's getting ready for a big hit which could be nearly 50k in my opinion and that's what I am expecting too. |
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I hope this lawsuit will not long last in ripples issue because many people have invested loads of money in XRP which is not a solid deal, and I believe bidens government will have a serious look on it because ripple is a strong and powerful coin in crypto industry.
As XRP has correlated with bank the court will be top priority to solve this issue at the earliest, let's believe everything will go in favor of XRP.
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I don't see any stabilize coin in crypto usdt is just interacting as a exchange, people tend to say it as stabilized Fiat crypto.
Terra coin is very familiar I went through some articles where I see they have pegged with major currencies in the world, also their transaction fee is low as well and it is a decentralized crypto, and I think it is stable and totally independent.
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Mate you can make lot of short term profit in BTC right now because the fluctuations are really good, last week suddenly it went to 30k then it cake back to 35k. The price is playing between 34 - 37k from couple of days, isn't this an opportunity?
I think this market movement is very important for us to buy and sell for short term however we need to be very careful even the defi projects are doing great from few days. I believe this is a great opportunity for everyone.
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BTCs dominance was going up after the drop it looks like it is waiting for next level of 80% based on the supply level it will be calculated, the key factor for BTC dominance is due to it's rapid rate of adoption. As ETH was expected to be a strong competitor this time it failed to beat BTC.
However the demand and supply is there so it think it's just a matter of time to go for next level, if the price goes up spontenously then surely it dominance will go up.
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Ahhh, I think it's impossible at this point of time because the price of BTC is in extreme peak. The dump will surely happen in few days or months as lot of institutional money has been poured for sure they will exit I mean they might sell based on the market conditions but 5k is not possible in my opinion we can see atleast 10k in upcoming days if you are interested to buy just wait patiently until the market goes to bear.
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Many of the people closest to me when the price of Bitcoin returned to $ 20,000 suggested selling my Bitcoin. But I decided to stay HODL, it proved
my decision was right. Finally Bitcoin made it to the new ATH at $ 41,900. I still didn't sell my Bitcoin until it hit the price of $ 50,000. Even though
it turns out that the price of Bitcoin is now corrected to a price of $ 36,000. I am still optimistic that the price of Bitcoin can reach the price of
$ 50,000. There were so many changes that I felt when I started getting to know Bitcoin, the most noticeable change in my finances is getting better
since investing in Bitcoin.
I appreciate your decision if you are a short term holder then don't be greedy too this may lead you to disappointment because you can't expect pump every time, you need to be very realistic depending on the market situation. And yes that's how BTC will reward you if you have invested in it, every penny will be counted into 10x in future. This is definitely a worth Investment which had came in our life to change our future. |
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Bitcoin has been targeted once again with negative speculations over the media and it all started with flashing news when bitcoin reached its ATH and gradually publishers most possibly sponsored by government or banks are trying to question bitcoin's stability and we see new articles everyday stating Bitcoin is going to drop massively and all. This definitely affects nee entrants into Bitcoin which might lead them to withdraw it.
This time they are not directly targeting bitcoin but gradually.
I don't think it was made intentionally when the price dropped to 30k from 40k the majority of Investors were shocked because we never saw such a massive drop previously it's was almost 20% isn't this a big drop? and did you thought this was just a correction? I think that's the reason there was huge panic sell and most of the people came across so many articles. |
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Bitter truth, The hardest part is if the government is against crypto then you can't even share these stuff with your friends or family because the first thing they would say is it's illegal as government is not supporting 😂. And after holding BTC for years suddenly big whales will enter to manipulate the price so that they can buy it in cheap, after holding nerves and your uff patience you will get reward finally. It will be like I have done something big thing in my life  |
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See there's no any specific formula on how BTC price is calculated, if you see the market cap of other crypto and compare with BTC market cap then you will understand how it works.
This is purely depends on supply and demand the price floats based on the needs of buyer's and seller's at the end of day asset matters.
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Rich are getting more richer that's the reality, people who have ability to take risk are making more money than a normal person. I believe not even a single normal has entered in the list except millionares. Who knows even these people could be whales as they are the one who make big impact on BTC price and make it again to pump as still a normal person is suffering from such collapse, at least few of them will be in this list for sure  |
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Expectations are higher and dreams are big too but all these stuffs depends only on how the market reacts, right now BTC has been the hot topic across the globe only because of demand. After few months I don't think BTC could be more and more volatile as it is doing now because the market will always not remain in the same phase in mean bullish, Every rise has a fall so we don't know what might happen in future I am holding my nerves upon the expectations  |
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Both are two sides of a coin as BTC remains king of crypto, ETH will be considered as alts king. Only the market capitalization and dominance matters.
To me both are precious and BTC is my favorite pick then comes ETH and some other alts, these two depends on our investment because BTC price is too high compared to ETH. This time BTC pumped a massive rally of 300% where as ETH was at the previous ATH. However both are worth Investment for long-term.
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I appreciate it if you are planning for long-term then just don't care, if you are looking for some good profit then move on don't be too greedy.
Not only your family many would say the same because at the current situation the price is already in it's peak, they say only because you should not miss this chance and opportunity. If the price goes down you can buy few more as well at the end decision is in your hands, future is purely gold without any doubt it's all about making decisions.
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When the money the flows then demand will be high, if demand is extreme then automatically the price will go up. BTCs fluctuations right now is unpredictable it went down to 30k few days back and again it was playing around 35k and now it's in 38.5k.
I thought the market started to collapse and again it is pumping I think it's waiting for the next resistance and it which could be the new ATH, people are very much excited this time and pouring money in BTC that's why we are seeing massive pump.
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Even I thought the same when BTC price went down to this week after recovering now I believe the next resistance level could be 50k and that's the reason I think it was struggling, despite a major drop it is once again proving it's capability.
There was a lot of panic sell before few days and I think that's the game of big players, a lot of investment are pouring and more to go guys a life changer for sure but enter at the right time for investment don't get struck.
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It's great to bring in cash and secure your future with bitcoin, however, you ought not relies upon bitcoins. Bitcoin can be considered as your side pay and you can make brilliant benefit with it, I won't advise anybody to put his cash in bitcoin until he masters everything about bitcoins. I assume a large amount of the majority put all the resources in bitcoins and when they fall they lose all the money. Likewise, there's no possibility for bitcoin to become 1 dollar for each satoshi it might require 50+ years since bitcoin isn't much involved with us.
I think it's not about bringing money, investing at the right time is the key because there are many of those who invest in high price and expect profit in a real quick time which is extremely dangerous I certainly understand risk is reward but if you are investing in BTC for higher price then you are going against the market, think and plan before investing sometimes you can make profit in luck but it won't favor you Everytime. |
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It's great to bring in cash and secure your future with bitcoin, however, you ought not relies upon bitcoins. Bitcoin can be considered as your side pay and you can make brilliant benefit with it, I won't advise anybody to put his cash in bitcoin until he masters everything about bitcoins. I assume a large amount of the majority put all the resources in bitcoins and when they fall they lose all the money. Likewise, there's no possibility for bitcoin to become 1 dollar for each satoshi it might require 50+ years since bitcoin isn't much involved with us.
I think it's not about bringing money, investing at the right time is the key because there are many of those who invest in high price and expect profit in a real quick time which is extremely dangerous I certainly understand risk is reward but if you are investing in BTC for higher price then you are going against the market, think and plan before investing sometimes you can make profit in luck but it won't favor you Everytime. |
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To be honest I didn't entered at this dip I thought the market has started to drop but once again it BTC got the momentum which is really good to see, I have already planned to buy at 20k so I was expecting the same However the market has different thoughts and once again big players made a quick twist and now BTC price is recovering In my opinion if in case it breaks 40k then the next resistance could be 50k.
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