itos84
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wunbit.com Crypto Gaming Arcade
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December 21, 2018, 10:52:15 PM |
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For me right now it’s a good time to collect coins if you have spare cash. If your plan is long term investing then don’t wait for the lowest bottom because you will miss the train. Just start buying in small amounts every few days and take an average of all. Any sub 6.000 is good for me to buy. And I just plan to sell some when it gets to 30K even if it takes a few more years to wait.
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Lpim01
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December 21, 2018, 11:24:28 PM |
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For me right now it’s a good time to collect coins if you have spare cash. If your plan is long term investing then don’t wait for the lowest bottom because you will miss the train. Just start buying in small amounts every few days and take an average of all. Any sub 6.000 is good for me to buy. And I just plan to sell some when it gets to 30K even if it takes a few more years to wait.
Yes, definitely a good time to start but considering for a long term investment, you better won't do it. With the current system and its volatility risk, it is better to indulge into short term investment. There is no guarantee for the price hike in the future and took advantage in every pumps happen.
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randythered
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December 22, 2018, 03:08:27 PM |
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Look to find appropriate times to short. I think this is a temporary recovery so look for the right time to set a short and take advantage of falling prices. Even if the market does recover then there's going to be a lot of bumps along the road, shorts will make great profit in those.
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Febo
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December 22, 2018, 04:49:20 PM |
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Is this another bull trap? Or first sing of bull market beginnings?
My strategy is the following:
Bet on trends, holding and selling tops (try at least), re-buying at few % drops, wait till next station.
Once made some profits, bet on other coins which did not start the uptrend, or are at the beginning of the up-trend.
Attention with people selling ALTs for $BTC !! Don't forget the Stop-loss!
Good luck all!
Exactly good luck you will need. Why dont you just try to gather as much wealth as you can and buy Bitcoins now and whole 2019 and securely store them. In 2-3 years when next ATH is expected spend some and store the rest for your future. This way you risk nothing. With trading you risk a lot because it will need just one "mistake" and you will lose everything.
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andrei56
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December 27, 2018, 11:19:04 PM |
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Is this another bull trap? Or first sing of bull market beginnings?
My strategy is the following:
Bet on trends, holding and selling tops (try at least), re-buying at few % drops, wait till next station.
Once made some profits, bet on other coins which did not start the uptrend, or are at the beginning of the up-trend.
Attention with people selling ALTs for $BTC !! Don't forget the Stop-loss!
Good luck all!
The market will not enter in a bull run soon, so the most likely scenario is that we are looking at a bull trap however some coins could show some recovery once in a while thanks to the active development of their developers but you need to read the news of those coins to know if the growth could be sustained or if there is nothing happening in that coin and the growth was caused by speculation.
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timerland
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December 28, 2018, 08:29:40 AM |
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Is this another bull trap? Or first sing of bull market beginnings?
My strategy is the following:
Bet on trends, holding and selling tops (try at least), re-buying at few % drops, wait till next station.
Once made some profits, bet on other coins which did not start the uptrend, or are at the beginning of the up-trend.
Attention with people selling ALTs for $BTC !! Don't forget the Stop-loss!
Good luck all!
I definitely don't expect the bullish momentum in the past few weeks to continue for much longer. We are already seeing some major resistance at the $4k level, which is not really surprising at all given the fear and uncertainty that is still within the market, which is characteristic of capitulating investors. Long term wise, this is an excellent point to buy still. Regardless of whether or not there is a short term rally, prices are still under $5k, and I believe that level should be quite low when compared to the potential that bitcoin has in the future with mass adoption, and institutional use. However, I wouldn't trade on leverage in neither long nor short because I simply don't think that it's worth the risk given the volatility. There is every possibility that a short term rally or dump could happen, without any signs beforehand. Unless you're an actual day trader, I would only view this market as a long term accumulating opportunity, and not trade the peaks and troughs between week or month long cycles.
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Desscount
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ComboLabs
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December 28, 2018, 10:16:46 AM |
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Is this another bull trap? Or first sing of bull market beginnings?
My strategy is the following:
Bet on trends, holding and selling tops (try at least), re-buying at few % drops, wait till next station.
Once made some profits, bet on other coins which did not start the uptrend, or are at the beginning of the up-trend.
Attention with people selling ALTs for $BTC !! Don't forget the Stop-loss!
Good luck all!
it is very difficult to determine every choice in trade or investment speculation. market turmoil is difficult to predict. so I don't do a lot of investment activities, but I can trade when the market grows even temporarily.
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semobo
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December 28, 2018, 01:54:03 PM |
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Looks like a bull trap since the prices gone down again after the holidays so this is just happened because of enthusiasm among the crypto currencies that prices will increase after this Christmas and New year.
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Crypdon
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December 31, 2018, 10:36:50 AM |
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Based on prices today it appears that the crypto market pump was just a bull trap due to the over powering nature of the bears. No-one should be worried though as the bakkt is only a few weeks away, unless there is another delay due to the US shutdown
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Prettymie
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January 01, 2019, 01:06:59 PM |
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It's difficult to predict the crypto market but we can research the market trend and decide base on those data. I think the best strategy with this market situation is to accumulate more bitcoin if you can afford to invest more money. Yeah it could be high risk but you can gain huge profits if you buy it while the price is at lower level. It's still bitcoin the best currency that will bring the cyptomarket to a bullish if we have patience to wait until it fully recovers.
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b3j0
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January 02, 2019, 02:01:55 PM |
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Based on prices today it appears that the crypto market pump was just a bull trap due to the over powering nature of the bears. No-one should be worried though as the bakkt is only a few weeks away, unless there is another delay due to the US shutdown
Today the price increase is happening again and in my opinion this is not a trap, but this is a sign if market conditions will recover soon. believe me this year everything will be better. Happy New Year ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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traderethereum
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January 03, 2019, 08:52:47 AM |
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Is this another bull trap? Or first sing of bull market beginnings?
My strategy is the following:
Bet on trends, holding and selling tops (try at least), re-buying at few % drops, wait till next station.
Once made some profits, bet on other coins which did not start the uptrend, or are at the beginning of the up-trend.
Attention with people selling ALTs for $BTC !! Don't forget the Stop-loss!
Good luck all!
Just hope it's not a bull trap, but I think it's not because we see many altcoin and bitcoin make an increasing since December and although there was a correction, some altcoin still increase. You have a good strategy, and it could apply at the market only if the coin is up and down in daily or weekly. But if the coin cannot go up and still on the lower price for a long time, then you need to cut loss the coin or hold it until the price can increase back. Usually, I don't make a stop-loss in trading because I've always watched the market movements so if the price is down, I will prepare to re-buying especially if the down price is more than 10% drops. I am sure if the coin is down, it will bounce up to the highest price and believe it or not, we can see it's happening in the market.
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2chase
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January 06, 2019, 09:43:40 PM |
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Sometimes it is much easier and safer not to try to trade and not to try to maximize profits, but simply to keep the coins you have. Because selling your asset you can then not have time to buy it back for the reason that the price for it will change a lot and you will be late. Risking this way can only those who have good experience in trading.
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1Referee
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January 06, 2019, 10:28:08 PM |
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Usually, I don't make a stop-loss in trading because I've always watched the market movements so if the price is down, I will prepare to re-buying especially if the down price is more than 10% drops. I am sure if the coin is down, it will bounce up to the highest price and believe it or not, we can see it's happening in the market.
I assume you are referring to longer term 'trading' (i.e. buy low sell high) rather than day trading? Otherwise it makes no sense to ignore stop losses, especially if leverage is involved. People ignore how important stop losses are. I have seen how newbies have no clue about why their balance on Bitmex has been wiped out, where they in some cases accuse Bitmex of stealing their funds, lol. It's mind boggling how stupid people are. Using an exchange you think works the same as a spot exchange is fatal. Sometimes it is much easier and safer not to try to trade and not to try to maximize profits, but simply to keep the coins you have.
Finally someone with sense in here. There is no point in forcing yourself to trade each and every time. Accept that holding your coins is better than losing them, especially when a market has broken its main support level.
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vit05
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January 06, 2019, 10:34:22 PM |
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I can only see a zone of accumulation between 3200 and 4600. So in this case in any fall greater than 5% I try to buy or readjust my positions in the projects that I believe the most. But I was wrong in the 5k believing that it was also a zone of accumulation. So... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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adaseb
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Up to 300% + 200 FS deposit bonuses
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January 07, 2019, 06:15:53 AM |
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One way with the right amount of risk/reward is basically to use a website which tracks liquidations and open interest such as https://tensorcharts.com/u/bitmexstatsLook for any pivots which result in a large open interest reduction or any red/green spikes which indicate margin calls. Generally price reverses at these levels because traders are too predictable where they put their stop losses or where they get their accounts liquidated. Just do the complete opposite and you have the upper hand because your stop loss will be very tight and your profit potential is huge.
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deisik
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January 07, 2019, 11:00:39 AM |
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I honestly think that this is a bull trap
There's too many such traps recently Which makes one question the validity of the concept as it pertains to this state of the market. More likely, it is just volatility that got carried away due to lack of both supply and demand. There is a lack of supply at the lower end of the range (i.e. below 3.5k) and a lack of demand at the higher end of it (i.e. above 4k). So we are kinda stuck in this blind alley. How long it is going to last no one knows for sure, so trade the range while you can With that said, though, don't forget that the longer the price stays in a certain range, the stronger will be the next break-out as it tacitly builds momentum. The last time the price had seemingly stabilized or even stagnated (depending on your perspective), it ended with a monumental crash, a mother of all crashes, that had eaten away over 50% of Bitcoin's value within just a few short weeks
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samcrypto
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Vave.com - Crypto Casino
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January 07, 2019, 02:29:41 PM |
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Its happening again, another easy pump and maybe a bull trap again. I play safely during this trend, I don’t trade much and I only buy bitcoin and some coins on its dump price. This year looks so great for me as the ETF have the chance now to be approved and for sure it can help the market much. Make a good start now to get more coins.
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South Park
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January 08, 2019, 04:28:03 PM |
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I can only see a zone of accumulation between 3200 and 4600. So in this case in any fall greater than 5% I try to buy or readjust my positions in the projects that I believe the most. But I was wrong in the 5k believing that it was also a zone of accumulation. So... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) It is not such a big deal, in a few years you will see your prediction and you will laugh about the fact that you were worried about buying bitcoin at 5000, the price of bitcoin will go many times higher than its current price and once that happens a few hundreds of dollars of difference in the price that you paid to get them will not make such a huge difference, just make sure you can hold your coins long enough to see positive results and your strategy will work perfectly.
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