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Author Topic: One Way This Bull Market Is Different  (Read 223 times)
ivankoh
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September 23, 2024, 04:28:59 PM
 #21

One of the biggest mistakes in a bull market is to control emotions. Some people make a logical analysis that they will sell at a certain level, and when they reach that level, they find that all the news in the market is positive and that Bitcoin can reach $150,000 or even $200,000. Then, instead of just making a profit, they wait for those levels until the price correction begins.
Yes, i agree, There are things we perceive wrong or make wrong decisions, but the important thing is whether we admit it or not. At some point, there is only right or wrong. Not everyone is lucky enough to do the right thing at the right time. When you realize your mistakes, you will learn from them and avoid repeating them. When deciding to sell, greed will blind you. The opportunity is the one to seize.

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September 23, 2024, 11:11:22 PM
 #22

One of the biggest mistakes in a bull market is to control emotions. Some people make a logical analysis that they will sell at a certain level, and when they reach that level, they find that all the news in the market is positive and that Bitcoin can reach $150,000 or even $200,000. Then, instead of just making a profit, they wait for those levels until the price correction begins.
Yes, i agree, There are things we perceive wrong or make wrong decisions, but the important thing is whether we admit it or not. At some point, there is only right or wrong. Not everyone is lucky enough to do the right thing at the right time. When you realize your mistakes, you will learn from them and avoid repeating them. When deciding to sell, greed will blind you. The opportunity is the one to seize.

There are certain strategies for investing in the right time that you can follow to get the most out of it. Because if a person is willing to invest in prevention and if he only buys dips in dumping market then he will surely succeed. But you have to use these techniques.

bitgolden
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September 24, 2024, 05:59:26 AM
 #23

The "bull" run hasn't started yet, that is why it feels different to you. The increase we had came from the ETF hype deal, but it wasn't the bull run yet, the bull run happens roughly about a year after the halving, so we have a few more months until something like this happens and we should not be worried about it, I think we should be considering this as normal and something that can benefit us as well.

I know that it is going to be hard for people to accept that we still have a long way to go because some people thought we peaked and sold, so those people will deny that we will go up, because if they acknowledge that then they will be basically saying they were wrong.

I think the best thing to do right now would be just trying to figure out a way to give a better response to everything. I believe that we are going to see this getting to a level where things are tougher, but in the end we need to consider that it is going to be not a great thing at all, it is going to be a decent situation. Just keep on trying to build something that will be taking a time for it to grow even higher, but it will get there and when that is, it will be similar to all other bull runs that we have seen so far.

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fikrett
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September 24, 2024, 06:50:19 AM
 #24

One of the biggest mistakes in a bull market is to control emotions. Some people make a logical analysis that they will sell at a certain level, and when they reach that level, they find that all the news in the market is positive and that Bitcoin can reach $150,000 or even $200,000. Then, instead of just making a profit, they wait for those levels until the price correction begins.
Yes, i agree, There are things we perceive wrong or make wrong decisions, but the important thing is whether we admit it or not. At some point, there is only right or wrong. Not everyone is lucky enough to do the right thing at the right time. When you realize your mistakes, you will learn from them and avoid repeating them. When deciding to sell, greed will blind you. The opportunity is the one to seize.

There are certain strategies for investing in the right time that you can follow to get the most out of it. Because if a person is willing to invest in prevention and if he only buys dips in dumping market then he will surely succeed. But you have to use these techniques.

..Also you may think it's the bottom, but then you find out that it's not, it's just the beginning of it Grin
Surely, one should be responsible enough with the right set of tools and knowledge to be proficient in understanding the market.
superman22
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September 24, 2024, 01:39:35 PM
 #25

I concur with that consideration to the extent that this particular bull market is more demanding. However, as in previous ones, nothing grows evenly here through to the rhythms of exponential progression. Issues with exchange authentications and the need to continuously manage and withdraw some profits making stress how must one keep alert. Timing the markets and dollar cost averaging are major techniques which should be used.
Webetcoins
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October 01, 2024, 05:49:23 AM
 #26

One of the biggest mistakes in a bull market is to control emotions. Some people make a logical analysis that they will sell at a certain level, and when they reach that level, they find that all the news in the market is positive and that Bitcoin can reach $150,000 or even $200,000. Then, instead of just making a profit, they wait for those levels until the price correction begins.
Yes, i agree, There are things we perceive wrong or make wrong decisions, but the important thing is whether we admit it or not. At some point, there is only right or wrong. Not everyone is lucky enough to do the right thing at the right time. When you realize your mistakes, you will learn from them and avoid repeating them. When deciding to sell, greed will blind you. The opportunity is the one to seize.
Indeed, greed is our biggest enemy. Those who ignore their set targets only out of greed tend to bear losses eventually. Trading is all about patience and control. There will be a lot of occasions where you will think that holding will yield you more profits, but that isn't always correct. I know sometimes it's true that the longer you hold, the more profits you can get, such as in Bitcoin, long-term holders tend to get more profits, but that doesn't apply to every cryptocurrency in the market.

When we talk about altcoins, we should use the opportunities that we get and exit the market before it's too late because you never know when the price of an altcoin starts going in the opposite direction of where it was going earlier, and suddenly, you will see your profits turning into losses, and before you get the time to act, you will see the opportunity going out of your hands.

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