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Author Topic: Market seems in correction mood  (Read 435 times)
rodskee
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May 18, 2024, 05:44:31 AM
 #41

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time.
is it EXPECT ? and not except ?

and there are no continues increase in anything mate not even in all investment in the world,
but bitcoin is always better to look in so many ways even in the future.

Quote
It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility  
lol we can only predict one thing and that is the increase from the Halving effect at least in
the next coming months.

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May 18, 2024, 06:52:25 PM
 #42

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility  

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.









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May 21, 2024, 11:29:19 PM
 #43

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility 

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.

It will take your experience to come up with this realization as you already saw what happened with your initial strategies. Also, as this market is very diverse, there is no single strategy that would work for various projects. Each project is unique, hence, you need to consider every aspect of its development. This is actually tedious as you will consume so much effort and time studying their possibilities. Hence, if you have no ample time, better stick to one or couple of alts to avoid too much stress from this market.

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May 22, 2024, 01:19:02 AM
 #44

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility  

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.
DCA is great for people that have steady income overtime they simply just DCA their capital into bitcoin and they are profitable already but its always the game of time.
predicting the market works wonder in the favour of us venturing to get more profit than usually by risking the safety which is what most of people afraid of when investing but yes.
its always nice to have peace of mind to DCA rather than keep predicting the market if our prediction turn out not so accurate anyway.
personally i will stick with both, just for the sake of getting that additional profit since i don't really have the luxury of waiting until the price reached target sometime.
its just overall matters of what we prioritized the most.

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May 22, 2024, 06:07:33 AM
 #45

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation
It was just speculations, that war has no huge impact with the corrections of market price. We need to consider demand and other factors that arises randomly. As we experience fluctuations, the downtrend gives us the opportunity to initiate an entry for every investment. Let's see how this current pump affects our holdings, stay positive and stay firm on decision making.

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May 22, 2024, 06:06:20 PM
 #46

DCA is great for people that have steady income overtime they simply just DCA their capital into bitcoin and they are profitable already but its always the game of time.
predicting the market works wonder in the favour of us venturing to get more profit than usually by risking the safety which is what most of people afraid of when investing but yes.
its always nice to have peace of mind to DCA rather than keep predicting the market if our prediction turn out not so accurate anyway.
personally i will stick with both, just for the sake of getting that additional profit since i don't really have the luxury of waiting until the price reached target sometime.
its just overall matters of what we prioritized the most.
At the end each person needs to select the strategy that works for them, I dedicated a great deal of my time to study the markets to become a trader, but even if a I have a solid strategy I realized early on that I simply do not have the right characteristics to become a good trader, so I made the transition to become an investor and I have been doing well since then, so even if the success I am looking for is taking longer than what it could have taken as a trader, at least I know that given enough time I will reach my goals.
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May 23, 2024, 06:24:35 AM
 #47

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time.
is it EXPECT ? and not except ?

and there are no continues increase in anything mate not even in all investment in the world,
but bitcoin is always better to look in so many ways even in the future.

Yes. of course, and where there is crypto, it continues to rise and there is no correction. BTC alone is the purest and also does not escape market fluctuations.

Well, at first glance, corrections are normal, but they have a very mental impact if we happen to buy them not during corrections, when the price is hyped, that's why many people are thinking about seeing the estimated value of their assets continuing to decrease and on the other hand, it also takes a fair amount of time to get back to the original price.

It's important to keep your emotions in check here if it doesn't destroy your investment and end up with a loss.



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