Kakmakr (OP)
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June 19, 2018, 05:56:42 AM |
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Last year was one of my best trading years in Bitcoin and it was not because of the huge spike in the price towards the end of the year. The price was steadily going upwards in small increments and I could buy low and sell high, almost on a weekly basis. Then something happened and the price went crazy and reached a ATH of +/- $19000. I enjoyed the steady growth, because I could make small weekly profits. Now everything is upside down and with the same strategy I would be losing money on a weekly basis. I was wondering what price movement would suit your investment strategy in Bitcoin the best? I understand the economy and that something that was inflated like that, would have to go through a correction phase, but when will things go back to normal, so that we can start making small profits again?
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Hydrogen
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Activity: 2562
Merit: 1441
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June 19, 2018, 09:56:35 AM |
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There's a chance that with CBOE futures and bitcoin becoming more of a speculative investment with the introduction and greater support of leverage has altered crypto markets significantly and reduced the degree to which btc may be a long term store of value. Whether such effects may be permanent or not, who can say? As long as bitcoin's price appreciates over the long term, its good for me.
The "new" indicator for crypto trading could be looking at short versus long orders. Months ago when there was a hideous number of shorts bitcoin's price did decrease. That could be one key place to look as far as bitcoin's long term outlook goes.
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jimbo2000
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June 19, 2018, 12:33:52 PM |
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I'd like the price to increase but not at a rapid rate like in 2017. I'd be happy if the price can move to maybe 10-12k this year and back towards 20k by the end of 2019. Really any extreme growth is just going to make the market toxic with a lot of uneducated money looking for quick riches.
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bongnor531
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Activity: 114
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June 19, 2018, 12:59:06 PM |
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It would be nice if Bitcoin will be on the rise once again. It will happen by the end of the year I suppose. Hopefully it would carry up altcoin stocks as well
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1Referee
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Activity: 2170
Merit: 1427
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June 19, 2018, 01:05:21 PM |
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I actually like every aspect of this market and don't want it to change any time soon.
If you throughout the years manage to increase your coin holdings on the way up, then there is nothing else that you can wish for. Every ending of a bull run means that I end up with more coins than before it started. I know that eventually the market will become more stable, but for the time being I want to enjoy it as much as I can.
We are part of something that will likely change the financial world, how can anyone not like to be part of this revolution?
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Proton2233
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June 19, 2018, 01:11:13 PM |
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I don't like the constant jumping of bitcoin prices. It may give me a profit in a few months, but then I lose it because the price goes down. I prefer a stable bitcoin with a tendency to small growth. This will scare away speculators and bitcoin will be what it wants to see most potential sellers of goods for bitcoins.
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harizen
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June 19, 2018, 01:13:34 PM |
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I was wondering what price movement would suit your investment strategy in Bitcoin the best?
I understand the economy and that something that was inflated like that, would have to go through a correction phase, but when will things go back to normal, so that we can start making small profits again?
I think the question should be what is our investment strategy depends on the price movement of bitcoin. Obviously what others want is continuous uptrend but since it's impossible to have that kind of phase for long period, we should be the one who have to adjust and not bitcoin price movement will adjust for us. Ups or downs, continous ups, continous downs, roller coaster price, price crash etc. different traders have different approach on this so we have to adjust our strategies based on the situation. Even if I will answer that uptrend is the best price movement to suit my investment strategy, no way I can stick to that as price fluctuates too much.
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artmaker
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June 19, 2018, 01:14:19 PM |
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Last year was one of my best trading years in Bitcoin and it was not because of the huge spike in the price towards the end of the year. The price was steadily going upwards in small increments and I could buy low and sell high, almost on a weekly basis. Then something happened and the price went crazy and reached a ATH of +/- $19000. I enjoyed the steady growth, because I could make small weekly profits. Now everything is upside down and with the same strategy I would be losing money on a weekly basis. Maybe you should start thingking for longterm ? I was wondering what price movement would suit your investment strategy in Bitcoin the best? For me any price movement can be a profit. the key is to understanding what really happening with the market sentiment I understand the economy and that something that was inflated like that, would have to go through a correction phase, but when will things go back to normal, so that we can start making small profits again? In time bro in time
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feehannah
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June 19, 2018, 01:49:42 PM |
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It will be good for bitcoin if it will continue slowly going up,sometimes will down a little,then up again more than when it everytime will go down. Much more growing up than to down. That's the good movements of bitcoin in crypto market.
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talenah kotang
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June 19, 2018, 03:11:03 PM |
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If I think I prefer big spikes every month, because then I think the price is stable .. it can be a good alternative for investment.
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Herbys
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Activity: 238
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June 19, 2018, 03:23:11 PM |
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Last year was one of my best trading years in Bitcoin and it was not because of the huge spike in the price towards the end of the year. The price was steadily going upwards in small increments and I could buy low and sell high, almost on a weekly basis. Then something happened and the price went crazy and reached a ATH of +/- $19000. I enjoyed the steady growth, because I could make small weekly profits. Now everything is upside down and with the same strategy I would be losing money on a weekly basis. I was wondering what price movement would suit your investment strategy in Bitcoin the best? I understand the economy and that something that was inflated like that, would have to go through a correction phase, but when will things go back to normal, so that we can start making small profits again? I think that during the year the cost should vary slightly - 10-15%, with a gradual increase, and once a year the price should exceed 100%. Without a doubt, this will be the monolithology of the exchanges, the big holders Bitcoin.
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Sofiyah
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June 19, 2018, 04:11:49 PM |
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we like the same price movements . I also like the slight increase each week as long as it is stable. which continues to benefit us every week. but the market is now unfriendly, up slightly but down a lot, we must be patient to get maximum profit.
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BrewMaster
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There is trouble abrewing
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June 19, 2018, 04:45:29 PM |
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of course the slow and steady rise is superior to the fast and big rise which is sudden. because the slow rise is a solid rise that will stay no matter what but the fast one usually leads to a bubble which is unstable and won't last.
and it is not always about the profit, it is about the long term view of things. as bitcoin has more solid rises it forms a more solid support which is nearly impossible to dump into with manipulations that we are seeing these days.
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There is a FOMO brewing...
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hodl_news
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June 19, 2018, 06:11:17 PM |
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When exactly the turn of the crypto-currency market will take place and the price movement will go up it is impossible to say, because it is influenced by a huge amount of factor. Try in the current situation, medium-term or long-term trade, now do not use day trading.
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Mariksa
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June 19, 2018, 06:12:21 PM |
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I think it is better if the bitcoin price rises small but weekly. I don't like bitcoin prices jumping.
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Wingo
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June 19, 2018, 07:19:28 PM |
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Small weekly increases would be nice especially for day trading and/or long term holding as long as there will be no downward spikes in the price of bitcoin. And it will be a better for of investment, a more secure asset that can also be used for platform utility in many projects.
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hatshepsut93
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June 19, 2018, 07:46:52 PM |
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As much as I'd like to see slow and steady increase, I think this is not possible with the current volume, because if Bitcoin would be consistently growing, more money would jump in, maybe even insitutional money, attracted by this safe returns, so we would immediately price jumps, and with them price drops every time Bitcoin will be overbought. So, I'll going to enjoy whatever we'll have a not worry about the price too much, and maybe even try to occasionally sell the tip and buy the dip.
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Whitly
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June 19, 2018, 07:53:04 PM |
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To be honest, I would like to see the situation, what happened in November 2017 - January 2018. Since as holder/investors, I would like to get the biggest profit as faster as possible, and plus I'm always setting goals when to out, right now, I'm waiting at 10,000$ to cash out 50% of my coins and 25% move in alts.
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ayiaye
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June 19, 2018, 08:03:45 PM |
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Surely everyone is the same, when they will buy bitcoin, wanting a low price, and vice versa, if they will sell, will want a very high price.
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kingsarko
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June 19, 2018, 08:08:06 PM |
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I think bitcoin should return to return to 23k so that those who invested at that amount will not lose so much money. Because at the current price ,is so much loss to them and I believe it will kill their desire for cryptocurrency investments in the future.
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