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Author Topic: Great run with Bitcoin!  (Read 346 times)
2weent6 (OP)
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July 24, 2018, 11:59:58 PM
 #1

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone! Smiley
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July 25, 2018, 12:36:07 AM
 #2

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone! Smiley

Yes you are right, i think that most of the people who invest in the past while the market price is dumping are now earning a huge amount because the price of bitcoins today is slowly growing again.
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July 25, 2018, 01:11:38 AM
 #3

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone! Smiley



Absolutely you are right, in regards with bitcoin uptrend or down trend we have nothing to worry or even panic ,if you are knowledgeble enough  the market  ,falling of price you can take it as an opportunity to buy, hold then Earn.
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July 25, 2018, 05:05:57 AM
 #4

In the past months we are experiencing a bear trend
the "bear trend" ended about 2 months ago. you are way too late Cheesy

Quote
but the sign of reversal comes out and now we are seeing a great run with bitcoin.
signs of reversal is not a big rise. it is when price reaches the bottom, stops going down and starts becoming stable and entering an accumulation phase like that past 30 to 40 days of bitcoin which has been the buy signal indicating the end of the bear run and start of a bull run.
the rise is just proving that the speculation 1 month ago about bear run ending is correct.

Quote
I'm wondering if people are still doubting about bitcoin after this trend.
only people who listened to FUD doubted bitcoin otherwise you could have seen the strong buys that has been happening all this time BEFORE the rise began.

Quote
The volume of buying is very strong, I expect $10k in a short run.
i do expect that too.

Quote
Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.
wrong.
"red market" indicates price fall. you should not buy during a fall, you should buy when the fall is near the end meaning at the bottom. for example price started dropping from 9.5k+ down to $6k and market was red all that time, you shouldn't have bought at $9k or $8k but you should have waited to see when it ends then bought back in.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 25, 2018, 09:15:11 AM
 #5

We are not seeing a strong sign of bull run. This run is caused by ETF expectation. And the ETF decision is delayed. We may see a huge reversal if the ETF approval is denied.
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July 25, 2018, 09:36:30 AM
 #6

We are not seeing a strong sign of bull run. This run is caused by ETF expectation. And the ETF decision is delayed. We may see a huge reversal if the ETF approval is denied.

We might see a reversal if it is approved as well. Buy the rumor, sell the news, you know.

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July 25, 2018, 09:46:45 AM
 #7

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

This is what we are all leaning at. For bitcoin to reach at least $10K. That price is really a huge barrier, if I remember it correctly, we did attempt like 3 times around April-May to at least breach it, but we didn't and the next thing we know the price started to declined again. If investors are still buying because of the ETF news then we probably going to see it before SEC handled down their decision.

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.


Well, its no secret that we shouldn't panic when the market turns red and look at the bright side of it. Its another perfect opportunity to get in because the price is cheap and at a discount. So good for you and your patience have paid off.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone! Smiley

As a trader, its going to be a long process, a journey for all of us. Everyday we should learn at least 1 trick and put that in the bag. And sooner or later as you gain experienced, if will make your trading life much easier and make you a lot of money.

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July 25, 2018, 10:09:50 AM
 #8

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone! Smiley

In when that short run will going to happen? If $10,000 mark will be hit by 4th quarter then that will be the time i will be convince that there is really a great run and honestly i still doubt it because i'm afraid that this is might be big whales trap that once Bitcoin will become expensive it will suddenly to drop again so i think lets just wait and see for more couple of months before we conclude.
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July 25, 2018, 10:26:06 AM
 #9

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone! Smiley

In when that short run will going to happen? If $10,000 mark will be hit by 4th quarter then that will be the time i will be convince that there is really a great run and honestly i still doubt it because i'm afraid that this is might be big whales trap that once Bitcoin will become expensive it will suddenly to drop again so i think lets just wait and see for more couple of months before we conclude.
its not surprising for them to do it, their only goal is to make money and more money if they see they can make money with it they will do it. i hope they will wait a bit more before dropping their bombs again.
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July 25, 2018, 11:53:44 AM
 #10

In the past months we are experiencing a bear trend
the "bear trend" ended about 2 months ago. you are way too late Cheesy

It all depends on the charts you're looking at. If you purely focus from last year's peak to where we are right now, you'll see a clear pattern where we constantly hit lower lows and lower highs. In order to actually jump out of this bearishly tinted down trend, we have to break $10,000 without it being a false (short lived) breakout. It's not going to be easy, but it's not impossible either. Give it time and we'll see where we go from here; don't consider the market to be out of the danger zone already.

If we dip below $6000 again, prepare for much lower levels.
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July 25, 2018, 12:06:13 PM
 #11

In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me:

Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.

Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market.

Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone! Smiley

Yes .Red market is the only option to buy all the cryptocurrency.It's applicable to both bitcoin and altcoin.If you compare the price of bitcoin with last month price, it's will seems very huge raise.But if you compare the current price of bitcoin with last year.It was a huge reduction.So it will vary from where you are considering the price chart.



 

 

 

 

 

 


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July 25, 2018, 12:53:08 PM
 #12

While the overall general sentiment towards bitcoin have been very positive lately, I still don't think it's already a major trend reversal, seeing that this similar rise happened a few months ago, for two times already. While this may give us a glimmer of hope, it's still not enough to call it a strong reversal. Buying pressure has since subsided and the price is currently trading between $8100-$8300 which, I think is still not that bad but also not enough to signify a new trend being born. I'd say hold on to your pockets before buying, but any price is a good buy if you're in for the long term.

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July 25, 2018, 01:09:41 PM
 #13

The price if bitcoin slowly increasing now compare to last month this month bitcoin price is increasing high. Long time bitcoin holders would take some profit in this huge growth. Whenever the price is very low you can buy at that time whenever the price is high you can sell and earn maore profit. Now the market is little going down. Hope tomorrow it will recover and again the price starts to increase.
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July 25, 2018, 01:29:31 PM
 #14

Yea all the signs shows us that the trend is changing and we are at the edge of the bull run. But the real will start according to SEC's decision. If they accept BTC ETF, I am sure we are going to see new all-time high. But if they reject again. Probably we are going to see more bloody days.
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July 25, 2018, 01:32:44 PM
 #15

We are not seeing a strong sign of bull run. This run is caused by ETF expectation. And the ETF decision is delayed. We may see a huge reversal if the ETF approval is denied.

We might see a reversal if it is approved as well. Buy the rumor, sell the news, you know.
I heard a news about the delay but I still positive about the market right now and if dumps again, another buying opportunity.

I understand the idea of the OP about this topic, the OP is encouraging everyone especially those panicking that you must stay focus on your goal and don’t listen to anyone trust yourself, keep on pushing yourself to the limit and you will be more profitable.

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July 25, 2018, 01:38:08 PM
 #16

Honestly people always don't trust with bitcoin even though the value is increasing,  it's because of some causes wherein although it's increasing there are some issue always occured suddenly that can cause it price to manipulate and etc , that's is the reason why people nowadays don't put trust on it even though it has a potential to increase more. 
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July 25, 2018, 01:57:45 PM
 #17

Its great also to have some mentor in real life where you can actually ask for some advice.

whatever you do, don't look for a mentor online because there is a 99% chance that you only get someone who either will troll you or mislead you and you will end up losing money!

There is a FOMO brewing...
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July 25, 2018, 03:18:50 PM
 #18

Its great also to have some mentor in real life where you can actually ask for some advice.

whatever you do, don't look for a mentor online because there is a 99% chance that you only get someone who either will troll you or mislead you and you will end up losing money!

I sincerely agree with this.

Also none of TA and all that works here... It is the wild west, so stop trying to find reasonable formulae.
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July 25, 2018, 03:54:59 PM
 #19

Its great also to have some mentor in real life where you can actually ask for some advice.

whatever you do, don't look for a mentor online because there is a 99% chance that you only get someone who either will troll you or mislead you and you will end up losing money!

I sincerely agree with this.

Also none of TA and all that works here... It is the wild west, so stop trying to find reasonable formulae.

You don't know anything about TA to say it doesn't work. If you did you wouldn't say that. TA is not used to ''predict'' anything. It's used to give you an idea of what the market might do in the near future, right now for instance, bulls are really strong, consolidation is expected and volume is great, all those indicators can help you when you are making trades.

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cellard
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July 25, 2018, 11:27:47 PM
Last edit: July 25, 2018, 11:38:28 PM by cellard
 #20

We are not seeing a strong sign of bull run. This run is caused by ETF expectation. And the ETF decision is delayed. We may see a huge reversal if the ETF approval is denied.

We might see a reversal if it is approved as well. Buy the rumor, sell the news, you know.

This. But anyone with a functional brain should pick that dip, if it happens. Bitcoin was getting oversold at below $6k, anything below $6k was a steal.

If there is a sell the news event, I expect a big short squeeze. This should get rid off all the speculators/noobs that FOMO into thinking the ETF is relevant for Bitcoin's long term success, when this happens (and once again noobs think "Bitcoin is dead") the smart money will then take advantage of the cheap prices and go all in, and the bull run will quickly resume.

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