I've learned to trust my gut instinct

[Tyrantt]

So a few weeks back now, I've been telling people (mostly those who were spamming about price going up and when's it going to happen) that the price will start going up in may and will jump significantly in mid may. So far so good.

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you. Thoughts?




Don't take anything I've wrote, about price prediction, as a fact. I'm just pretending to be crypto Nostradamus.  

[Bardman]

The only reason that the price jumped when it did was because a tight pattern forming. It did not start going up in may, it started going up on 12/4. We had some healthy consolidation after that and then another break and we are basically due for another break since ethereum and litecoin broke bullish. Don't trust your ''gut'' trust your TA.

[Cobalt9317]

Okay we will not take things for granted sir cyrptnos. 

The fact that the price of bitcoin increase is somehow very nostalgic it might even spike to the same price last year.
Mostly crypto spammers are getting nothing in return for spreading the word of bitcoin will be 10000$ this month or something similar because they are so busy spamming the community how ironic is that?

[whirlcoin]

So a few weeks back now, I've been telling people (mostly those who were spamming about price going up and when's it going to happen) that the price will start going up in may and will jump significantly in mid may. So far so good.

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you. Thoughts?




Don't take anything I've wrote, about price prediction, as a fact. I'm just pretending to be crypto Nostradamus.  

My instinct says that it will go more than $12K by May because already the bitcoin is nearly at $10K so if the price increase hapoens for few more days the $12K might hit before May even.So I just bought some portion of bitcoin for some quick money.

[Slow death]

I've learned to trust my gut instinct

in this very volatile market trust in instinct is the same as saying: "today I want to lose my money because I have so much then I will not need it" and you will lose money

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you.

So you're making this prediction because your instinct is telling you? I prefer to rely on credible and concrete news, I prefer to see comments from credible analysts, I prefer to do research and some technical analysis and then I buy, but I do not buy because my instinct tells me to buy, because I've done it in the past and lost my bitcoins.

[harizen]

So a few weeks back now, I've been telling people (mostly those who were spamming about price going up and when's it going to happen) that the price will start going up in may and will jump significantly in mid may. So far so good.

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you. Thoughts?




Don't take anything I've wrote, about price prediction, as a fact. I'm just pretending to be crypto Nostradamus.  

Honestly it's usual to some of the crypto enthusiasts and Im also doing that but not to the point that I will tell anyone what's on my mind.

In my case,  making analyzation + execution + guts and thoughts = strategy.

After all, when dealing in trades or just by simply holding, people need guts to face the risks as no matter how good and well detailed their analyzation is, that can only be applied upon entering the real trading scenario to know the result.

And besides, if the purpose is just to hold then people must don't mind if $10,000 or above price will not reached at end of May because literally it will really happened and we have lots of reasons to stick on that thought.

[Cobalt9317]

Honestly it's usual to some of the crypto enthusiasts and Im also doing that but not to the point that I will tell anyone what's on my mind.

In my case,  making analyzation + execution + guts and thoughts = strategy.

After all, when dealing in trades or just by simply holding, people need guts to face the risks as no matter how good and well detailed their analyzation is, that can only be applied upon entering the real trading scenario to know the result.

And besides, if the purpose is just to hold then people must don't mind if $10,000 or above price will not reached at end of May because literally it will really happened and we have lots of reasons to stick on that thought.

Theoretically speaking a trader once said if there's a volatility in the market we can make profit and then a lot of speculation have been discovered from researching to analyzing so they can distinguish every possibly profitable zone.

I've learned to trust my gut instinct

in this very volatile market trust in instinct is the same as saying: "today I want to lose my money because I have so much then I will not need it" and you will lose money

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you.

So you're making this prediction because your instinct is telling you? I prefer to rely on credible and concrete news, I prefer to see comments from credible analysts, I prefer to do research and some technical analysis and then I buy, but I do not buy because my instinct tells me to buy, because I've done it in the past and lost my bitcoins.

There's nothing wrong for relying in a concrete information about certain prices.
But trusting your instinct is also like trusting yourself and psychologically speaking trusting yourself is a good sign of being independent our amygdala will help us don't lose any fraction of bitcoins.

[1Referee]

I personally have managed to completely rule out my personal 'gut instinct' and focus on the knowledge I obtained here throughout the year.

In order stay on the good side of the market, which is something even knowledge won't grant you, I only open and exit positions with 5-10% increments, so even if I'm wrong, I have enough coins and fiat aside to take advantage of whatever the market comes up with. It's something that turned out to be a great help on the way up last year. At first I cashed out at $10,000, then $12,000, then $14,000, etc. It went up all the way to $19,500 which is something that no one here could have seen coming.

If you cashed out everything at $10,000 you would have missed everything after that. I also did that during the correction this year. I started with buying back just over the $10,000 level and did it all the way down. That's the only way (in my opinion) to properly ride this market.

[Bardman]

I personally have managed to completely rule out my personal 'gut instinct' and focus on the knowledge I obtained here throughout the year.

In order stay on the good side of the market, which is something even knowledge won't grant you, I only open and exit positions with 5-10% increments, so even if I'm wrong, I have enough coins and fiat aside to take advantage of whatever the market comes up with. It's something that turned out to be a great help on the way up last year. At first I cashed out at $10,000, then $12,000, then $14,000, etc. It went up all the way to $19,500 which is something that no one here could have seen coming.

If you cashed out everything at $10,000 you would have missed everything after that. I also did that during the correction this year. I started with buying back just over the $10,000 level and did it all the way down. That's the only way (in my opinion) to properly ride this market.

Yep. Getting rid of emotions is crucial. What I personally do, is try to identify when we enter a bull trend and buy a lot with not a very tight stop loss and let my wins ride for a long time. When the market goes bearish I usually wait for RSI levels to drop and play the bounces getting out very early, even with only 2-3% increases. I personally feel that this is the best way to maximize your profits.

Obviously cashing out while you ''ride'' the price is great and allows you to hold for longer periods of time knowing that you already have profits.

[thecodebear]

So a few weeks back now, I've been telling people (mostly those who were spamming about price going up and when's it going to happen) that the price will start going up in may and will jump significantly in mid may. So far so good.

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you. Thoughts?




Don't take anything I've wrote, about price prediction, as a fact. I'm just pretending to be crypto Nostradamus.  

Yes I agree this month we will likely see the 11,000s. April moved from the bottom of the market up to the $10k resistance. May will most likely break that resistance and move to the $12k resistance. Ups and downs with steady gains for months to come as we head back to $20k this year.

[exstasie]

So a few weeks back now, I've been telling people (mostly those who were spamming about price going up and when's it going to happen) that the price will start going up in may and will jump significantly in mid may. So far so good.

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you. Thoughts?

The price has been going up since early April. Where you been?

I'm glad it's working out for you, but I don't like to get married to predictions. I always have a bias (everyone does), but I try to focus on reacting to the market rather than predicting it. Not every chart pattern plays out and sometimes good setups fail. When they do, I stop-loss and GTFO of the market. After years of trading, my gut instinct is to preserve capital.

[GoldenLad]

OP, you made an outstanding point here. Same here for me, I use to trust my instinct whenever I want to invest in cryptocurrency. Being that cryptocurrency is really arbitrary and always incalculable, one can be confused on the direction to follow when trying to invest. And even those whom you view as masters in the cryptocurrency trading industry are not really helpful because their predictions are not always accurate. 

[eaLiTy]

So a few weeks back now, I've been telling people (mostly those who were spamming about price going up and when's it going to happen) that the price will start going up in may and will jump significantly in mid may. So far so good.

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you. Thoughts?

If you look at the past history, you will notice that the price of bitcoin usually rises in May and only in 2013 and 2015 we did not see any gains during May, but the rest of the years the price usually gains momentum during this period and last year the rally started in May and we saw almost 70% increase during that time and we all know how the market went through the roof, i do not expect that kind of rally but i am expecting 20% to 30% increase by the end of this month.

[thecodebear]

somewhere i saw someone post the season growth of bitcoin, not including the 2013 and 2017 boom years. The chart showed that growth was typically a bit slower the first half of the year and it picks up June through December. Between this season pattern and the fact that Bitcoin is coming out of a crash things are looking very positive for the rest of the year!

[KorakPawon]

in trading an instinct is very important, but it is arguably a risk of courage taken, when it fails and it turns out the price does not go up we can lose big, yes I guess that's no problem, a risk in crypto.

[Kim Ji Won]

Following and trusting your gut instincts should be the results of a lot of good and bad experience in the crypto world in where you've learned quite a lot through all those. I've also learned to follow my own predictions tho I also read some articles about bitcoin because I think it helps my thoughts in some way. This is better because I have no one else to blame and I will not spread some random FUDs about price and all like any others do which is pretty annoying.

[Herbert2020]

it is ok to want to trust your "instincts" and make a guess based on them but make sure not to put too much faith into a pure guess because although you may be right a couple of times but there will come a time when you make a mistake and that can easily lead to a big loss. that is how guessing works. you will be basically gambling.

[airdagon]

Okay sir crypto nostardamus, those who think prices will go up significantly or what you call spam just share the positive things of the current situation. AFAIK the price really will rise at the end of May month, why? because there is a lot of encouragement from people you call spam, they just think positively about price and try not to panic. plus, the cryptocurrency market continues to pump for the price to go back up again as it used to. but, look only time that can answer all this.

[magneto]

So a few weeks back now, I've been telling people (mostly those who were spamming about price going up and when's it going to happen) that the price will start going up in may and will jump significantly in mid may. So far so good.

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you. Thoughts?




Don't take anything I've wrote, about price prediction, as a fact. I'm just pretending to be crypto Nostradamus.   

$10k-12k is possible by the end of May, IF this rally continues for that long.

For me, there is a huge probability that even if bitcoin does reach that psychological barrier of $10k soon, there will be inevitably a pretty big correction that may take us down to lows lower than previous dips.

And of course, there is the possibility that BTC just never hits $10k due to the resistance being extremely strong.

I feel like that one's gut instinct for the short term is extremely biased, and mostly based on market sentiment. Sometimes going against market sentiment is the right thing to do, especially in a rally/bubble that has gone on for too long.

[Pursuer]

well betting on bitcoin to rise always pays out! it is the safest bet you can ever make. that is actually why so many random people in the news are making these big prices predictions but they always do them for a very long time in the future. if they are true we will hear about how they predicted the future long time ago but if they were wrong nobody even remembers them
in any case NostraCrypt says bitcoin will be $100,000 in 2 years because my gut tells me