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Author Topic: Behold 30000  (Read 344 times)
fauzan123
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January 03, 2021, 10:51:15 AM
 #41

Locking profits does not mean sold all bitcoins and get out of the trade. Just like stop loss there is take profit which help you running juice without risking massive sudden crash.
Yes, actually this is more the direction and method used by every trader in the market, because without having a unique and good way, traders will only get one profit and not necessarily be lucky the next day.


Therefore, we should really be able to manage properly, both from the level of risk and profit ratio according to the capabilities we have. So that we can really realize when the target has been met to get out of the market (if trading using the short term). Or HODL with awareness of the ratio of losses that can be caused, so that this way our trading is more comfortable.
culuuton
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January 03, 2021, 11:48:49 AM
 #42

33k and running
It is very staggering, the price is going up very fast. I think $30k is difficult to exceed but it breaks easily, $34k now what do we see next? It is difficult to predict.
sana54210
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January 03, 2021, 04:54:59 PM
 #43

33k and running
It is very staggering, the price is going up very fast. I think $30k is difficult to exceed but it breaks easily, $34k now what do we see next? It is difficult to predict.
It is actually quite obvious that we are in a bull market right now, so it is hard to predict if it will stop or not at this point honestly. Because, it is already going up, you do not have to "predict" if it will go up, it is already doing that, so it is not something we should be trying to guess or not, it should be something that happens without even you looking at it. In a situation where going up is the norm and anything else would be the change, you have to try to predict the change not the norm, because if you let it be, it is just going to go up.

What I am shocked at is the fact that it didn't stop, that is the part we are all shocked at, it didn't change at all, it was going up and it kept going up, all the way from 10k to 35k in just few months, about 3.5x return in under half a year, that is something you do not see in any type of traditional market returns.

kamadazje
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January 03, 2021, 05:15:57 PM
 #44

It surpasses our prediction, bitcoins new ATH is already $34.6k. It has a little setback but I guess it will continue to generate new ATH from time to time as the market
is very lively right now even if we are still experiencing some issues world wide due to the virus.

Stop loss : 32k
lock profits : 37k
Time duration : Jan 15

Bitcoin still very solid so this is my strategy as of this moment. I will just hope that we can hit 37k before Jan 15.
Silberman
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January 03, 2021, 05:25:55 PM
 #45

33k and running
It is very staggering, the price is going up very fast. I think $30k is difficult to exceed but it breaks easily, $34k now what do we see next? It is difficult to predict.
That is why it is so difficult to make predictions right now, bitcoin is breaking any kind of barrier that bears were putting in front of it that they have literally just gave up and the price is advancing unopposed, and while this is great for the short term it is also worrying, we think many of those institutional investors are investing for the long term, but what if they are not, what if they only care about obtaining profits and then they begin to dump their coins? The drop in the price could be massive.
lunnatic
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January 03, 2021, 06:48:23 PM
 #46

33k and running
It is very staggering, the price is going up very fast. I think $30k is difficult to exceed but it breaks easily, $34k now what do we see next? It is difficult to predict.

correction is happening now, whether Bitcoin will continue its trend, because Bitcoin dominance also fell when it touched resistance at 75%,
and made Bitcoin price drop more than $ 2000, and support is at $ 30k to $ 29k, if support is not strong enough to hold Bitcoin,
a big storm for cryptocurrencies is coming, especially altcoin, remember! don't be greedy when the price has reached its highest point,
and don't repeat the mistakes in 2017-2018 if you are a holder and trader from that time.



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Oilacris
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January 03, 2021, 10:58:06 PM
 #47

33k and running
It is very staggering, the price is going up very fast. I think $30k is difficult to exceed but it breaks easily, $34k now what do we see next? It is difficult to predict.

correction is happening now, whether Bitcoin will continue its trend, because Bitcoin dominance also fell when it touched resistance at 75%,
and made Bitcoin price drop more than $ 2000, and support is at $ 30k to $ 29k, if support is not strong enough to hold Bitcoin,
a big storm for cryptocurrencies is coming, especially altcoin, remember! don't be greedy when the price has reached its highest point,
and don't repeat the mistakes in 2017-2018 if you are a holder and trader from that time.

I cant blame you do have those kind of doubts but i would say you have already learned some lesson on not to be greedy into these times.

Peak is unknown yet thats why lots had presumed that it will be on higher tier prices which i dont see for it to be breached in short span of time.

For now the price had some correction but just a typical -1000 or -2000 in price.We should prepare on what possible price crash we might able to experience.

The best or the wisest thing to do is to secure profits while the market is on greens and dont let your greed hold up your decisions because its better to gain something
than on breaking even because of the market correction.
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