At this bullish season, bullish person is always right?

[dunfida]

Doge pumping on every bull run seems to become normal, but this time is different for Doge.
That's why I can say that this bull run is totally different from all the previous bull runs, especially the recent one.

The saying I heard always is "Everything is right when it is bull run", it's probably everyone is buying. But they should be responsible.

No matter what instances neither a bull run or bearish market then we should really be responsible on what are the actions we've been doing.Its only a bit on the personal side of things

on having this kind of thinking where he do think that he's always right just because we are experiencing bullish moment as of now, then what would they say
if the market turns out to the opposite side?

[sana54210]

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I agree that it is totally a bullish season that is a fact and there is nothing wrong with that. However bullish person doesn't just win now, he wins at all times, even during a bear season, if he is bullish about it then he will buy more when it is low, because he believes it will go up, that is why bullish people always profit. Bear person would look at a low price and say "I told you it will go down, it will go down even more, it will die!!" and not buy, and during a bull season "it is too high now, it is a bubble, it will burst any moment" and not buy so that person will never earn anything.

People in between those may earn and lose depending on their situation as well but the bullish person is the one that always profits. Do not look at what bitcoin or any other coin at the top is doing right now, look at what it will do in the future and you will be bullish as well.

[Baofeng]

I think Doge FOMO will continue, they are looking for their next stop, which is $1.00, currently at $0.65. While bitcoin is having a good and steady increase in the last 3 days, now it's $59k and still going up. So definitely we want a steady but sure bump in the price as compare to altcoins which massive growth and then dumping hard.

I'm not sure If Doge will bounce back up to $1 after It fell down after the Elon Musk SNL appearance.
I thought It would help Doge to pump even more prior to his appearance, but It turns out the other way around.
I'm expecting more from Elon after this huge plunge.

Yeah I agree that it fell down to $0.44 now, so that's what we call pure pump and dump, I'm not a investor of Doge, but. the hype is still there that I'm thinking this guy are going to push it again to their whole number target which is $1.00

On the other hand, Bitcoin still at the bullish range with a strong $60,000 resistance. No signs of bearish movements yet, and this is what Bitcoin separates from the rest of the alts in the market. It doesn't need someone trying hard to pump it. Instead, it pumps because it gets more demand as time passes by.

We are still in the bullish range, although currently when I woke up, surprise to see the price going down to $55k from as high as $59k. Nevertheless it is still above $50k, so there is that big support again if ever this correction continues in the next 12 hours.

[LUCKMCFLY]

I think no, bulls always look for a way to have very good publicity to move motions and cause more momentum to movements, in most times bad news can mean buying, because weak hands begin to feel more and more panic, in this case, in the short term, there is a lot of uncertainty, so any movement is possible, at least that's what they raise in the article:

If the uncertainty resolves to the downside, the BTC/USDT pair could drop to $52,323.21. The bulls will try to defend this support and if they succeed, the pair could extend its consolidation between $52,323.21 and $58,966.53 for a few more days.

Source: https://cointelegraph.com/news/price-analysis-5-10-btc-eth-bnb-doge-xrp-ada-dot-bch-ltc-link

If we start to see, it is a bit difficult in the short term that the ATH can be reached, we just have to wait and see it can happen in the medium and long term that the predictions are very optimistic.

[xSkylarx]

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

This depends on what type of "crypto-coiner" you are. As someone who has been here since 2016, I already experienced the volatility of many cryptocurrencies. If it is only driven by hype like dogecoin, I would avoid investing in it knowing also that it has no utility and has an unlimited amount of supply or any crypto that it is already on its FOMO stage. Some newbies are into this dogecoin because Elon Musk is always tweeting about it on his Twitter and seeing how rich is he now will really hype many people.

You don't have to follow what these experts say and most often they are just hyping the coin they bought, if you DYOR and you really trust the project that it has potential in the future then you don't have to FOMO as each crypto have their time to pump.

[Gozie51]

I observe that bitcoin movement has been running with the top 4 coins these few weeks and including dogecoin. Dogecoin has really performed beyond what investors don't expect. This coin may create an experience that people won't imagine. I have been fascinated by the movement so far since bitcoin has been on ranging mode just as dogecoin too. The bitcoin fee is high but dogecoin is very low and I feel that is what may be pushing the market.

[STT]

We could still be bullish but also negative below the 50 day average, it does seem we are working out pricing here until we meet the 200 day average.   If we met 200 DMA now it'd place the price at 40k which to alot of people means we are negative.    However the 200 day moving upwards is still bullish and it still qualifies as just a pullback, the confusing part is the timeframe and we tend to want everything to appear for us today.
   Even while negative we can move upwards during a day, right now price is rising above the 12hr average and there are buyers for sure here some of which will be speculators who later sell and some genuine holders.  Its really hard to decide which is dominant theme exactly but over a year I would guess we remain bullish, I also expect 200 day average is quite fair pricing long term because historically thats correct

[wxa7115]

Doge pumping on every bull run seems to become normal, but this time is different for Doge.
That's why I can say that this bull run is totally different from all the previous bull runs, especially the recent one.

The saying I heard always is "Everything is right when it is bull run", it's probably everyone is buying. But they should be responsible.

Dogecoin has been going up very rapidly during the previous weeks but it should be a warning sign, dogecoin is not really a good coin and if it was not because of its nature as a meme coin then no one will give to it any attention.

The truth is that sooner or later there is going to be a collapse on the coin and when that happens you do not want to be part of it otherwise the amount of money you can lose is going to be so great that it will be almost impossible to recover from it at all.