oksgvardukraine2018 (OP)
Jr. Member
Offline
Activity: 126
Merit: 5
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 05:38:27 AM |
|
Bitcoin Price: Wait for Clear Bull Trend before Buying More Cryptocurrency
Wall Street strategy firm Fundstrat Global Advisors is among the mainstream financial industry’s biggest long-term cryptocurrency bulls. However, the firm is advising clients to hold off on buying more bitcoin — at least for right now. Writing in a recent note to clients, Fundstrat technical strategist Robert Sluymer said that investors seeking to increase their bitcoin holdings should wait for the market to make a clear trend reversal. “Investors should remain patient and wait for evidence of an improvement in ‘trend’ before increasing exposure,” wrote Sluymer in an excerpt of the note cited in MarketWatch. “A move above the September real and relative highs remains the key resistance/reversal level that will need to be exceeded to signal the early stages of a trend reversal.” As CCN reported, the bitcoin price has seen record stability in recent days, with BTC’s daily trading range narrowing to levels not seen in more than 17 months and the coin’s price increasingly appearing tethered to $6,550. This decline in volatility correlated with a drop in trading volume, which analysts variously attributed to a decrease in sellers or a reduction in speculative buyers. https://www.ccn.com/bitcoin-price-wait-for-clear-bull-trend-before-buying-more-cryptocurrency/
|
|
|
|
Hivalley
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 210
Merit: 19
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 05:48:07 AM |
|
That remains simply their own very opinion,since as we all know that the market is unpredictable,most investors should actually favor the purchase of bitcoin right now that the price is fairly stable as a pump or bull run could be in the horizon(mere speculations though).
Why wait for improvements before purchasing the bitcoin,when you can actually buy and wait for improvements to be in line for huge profits.
|
|
|
|
jrrsparkles
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2464
Merit: 276
Eloncoin.org - Mars, here we come!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 05:52:03 AM |
|
But the strategy need to be buy right now and wait foe the bull run,right? Since we can't identify when the bull run begin.
People can buy now who are hoping that crypto currencies will be the future of currency system so for them the current price will be much beneficial but fot the traders then need to be more analytic.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
davis196
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 06:02:16 AM |
|
A "clear bull trend" will come when the btc price does above 10,000 USD.Then,all the people,who were waiting for a clear bull trend will regret,because they didn't bought at 6500 USD. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Fundstrat analysts are: 1.Complete idiots. 2.Bulls under cover,who want to spread pesimism across the market and push the prices down. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
MainIbem
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 06:07:16 AM |
|
I checked this morning and CMC shows a sharp drop in prices for most coins including bitcoin. IMO, this year has passed and it is not going to be significant increase in the price of bitcoin and other cryptocurrency. There are still rivers to cross but the inspiring thing is that the market has been stable at $6500 in recent times.
|
|
|
|
coinwizard_
Jr. Member
Offline
Activity: 336
Merit: 5
Most Advanced Crypto Exchange on the Blockchain
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 06:32:31 AM |
|
Waiting for a clear bull train is a risky strategy unless you're a day trader or retired worker who can buy and sell at any time. Bull runs are notoriously fast so you need to be an existing hodler to benefit
|
CRYPTOCIRCLEX | THE MOST ADVANCED CRYPTO EXCHANGE ON THE BLOCKCHAIN ✪╠════════════════════════════════════════════════════════════╣✪
|
|
|
PETES
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 06:58:01 AM |
|
This is indeed unpredictable thus it's up to us whether to hope for or not. Nothing is clear for now but I'm pretty sure that whales won't let their profit to decrease, they surely up for something that hopefully everyone will benefited. We're already in Q4 and everything seems hush and that we're not actually used.
|
|
|
|
Valakhaha
Newbie
Offline
Activity: 28
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 07:26:34 AM |
|
DOW dropped 3% so they are cashing out some btc to offset the lose.
This is GOOD cause it puts more bitcoin into circulation from the whales who HODL. The more the they sell, the more bitcoin gets to people who want it (and at discount).
|
|
|
|
Supperslip
Newbie
Offline
Activity: 16
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 07:27:56 AM |
|
DOW dropped 3% so they are cashing out some btc to offset the lose.
This is GOOD cause it puts more bitcoin into circulation from the whales who HODL. The more the they sell, the more bitcoin gets to people who want it (and at discount).
https://bitcointalk.org/index.php?topic=5048129.new#new
|
|
|
|
Dragonhell
Newbie
Offline
Activity: 13
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 07:40:08 AM |
|
It's almost impossible to go lower than 5500. Price follows the interest. Interest is at 7 out of 100 (in december). Lowest point in 16 months. But you need an interest level of 5 to go under 5500, which is unlikely to happen so quickly (maybe in 2 months). Numbers are based on google trend. Price follows the interest. Number one basic economic rule. 5500 is the new bottom based on the interest though.
|
|
|
|
AzrailBogov
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 350
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 08:33:00 AM |
|
I do not quite agree with this, I believe that it is possible now, for example, to buy bitcoin and wait for the bull market. This is due to the fact that we cannot know for sure what will happen tomorrow - the price may start to grow at any moment.
|
|
|
|
Zicasu
Newbie
Offline
Activity: 21
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 08:40:41 AM |
|
Now its the right time to buy when the price is pretty stable on 6k / 6500
|
|
|
|
peter0425
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2744
Merit: 450
CryptopreneurBrainboss managerial service
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 08:42:29 AM |
|
There's some contradictory in the statement. How can you increased your holding and maximize your full potential if you are not going to buy in the dip? And instead he advises his client to wait for a bull market before buying? I don't get it. Specially if you are into it for the long haul. Its better to accumulate more at this time and wait for the market to make a trend reversal and then make the decision to hold or cash it out to take home the profits.
|
|
|
|
dothebeats
Legendary
Offline
Activity: 3724
Merit: 1354
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 10:47:52 AM |
|
IMO this shouldn't be the mindset. You can still ride the waves even without any clear bull signal arising, Averaging the price of your buys still helps in a bull run, and believe me, it even helps to lower your entry without losing too much bitcoin in the process. 'Signals' to me are nothing but mere noises often causing more confusions in the market. Buy whenever you can, and try to set an average entry point to ride the seas even if it's rough.
|
|
|
|
Don Pedro Dinero
Legendary
Offline
Activity: 1400
Merit: 1651
The first decentralized crypto betting platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 10:56:47 AM |
|
I agree with all the comments here. The point is that we think long-term. If you believe in bitcoin long-term, it doesn’t matter if you buy today and drops more. However, I think they are speaking to traders. If you are looking for short-term profits, it doesn’t make sense to buy now if you think it is going to go down.
|
|
|
|
tomahawk9
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 11:01:05 AM |
|
More like wait for a drip to buy more. If I were to follow what this article is saying, I'd be missing some serious bargains thanks to current drop. Even with such low volatility lately, you can still make some decent profits if you buy during the dips such as the one we're seeing today, so I wouldn't recommend people to wait for a trend reversal if they still want to make some profits. God knows when the reversal will arrive, in the mean time, it's much better to follow your gut and buy whenever you want rather than sitting on your ass waiting for signal of a bull trend.
|
| | | . Duelbits | | | ▄████▄▄ ▄█████████▄ ▄█████████████▄ ▄██████████████████▄ ▄████▄▄▄█████████▄▄▄███▄ ▄████▐▀▄▄▀▌██▄█▄██▐▀▄▄▀▌███ ██████▀▀▀▀████▀███▀▀▀▀█████ ▐████████████■▄▄▄■██████████▀ ▐██████████████████████████▀ ██████████████████████████▀ ▀███████████████████████▀ ▀███████████████████▀ ▀███████████████▀ | | | | | . ▄ ▄▄▀▀▀▀▄▄ ▄▀▀▄ █ █ ▀▄ █ ▄█▄ ▀▄ █ ▄▀ ▀▄ ▀█▀ ▄▀ ▀█▄▄▄▀▀ ▀ ▄▀ ▄▀ ▄▀
Live Games | | ▄▄▀▀▀▀▀▀▀▄▄ ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄ ▄▀ █ ▄ █ ▄ █ ▀▄ █ █ ▀ ▀ █ █ ▄▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █ █ █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █▄█ █ ▀▀█ ▀▀█ ▀▀█ █ █▄█
Slots | | . ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▄ █ ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ █ ▄▄ █ █ █ █ █ █ ▄▀▀▄▀▀▄ █ █ █ ▀▄ ▄▀ █ █
Blackjack | | | | █▀▀▀▀▀█▄▄▄ ▀████▄▄ ██████▄ ▄▄▄▄▄▄▄▄█▀ ▀▀█ ████████▄ █ █████████▄ █ ██████████▄ ▄██ █████████▀▀▀█▄▄████ ▀▀███▀▀ ████ █ ███ █ █▀ ▄█████▄▄▄ ▄▄▀▀ ███████▀▀▀ | | | | | | | | | | [ Đ ][ Ł ] AVAILABLE NOW | |
|
|
|
omonuyak
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 04:17:42 PM |
|
Bitcoin Price: Wait for Clear Bull Trend before Buying More Cryptocurrency
Wall Street strategy firm Fundstrat Global Advisors is among the mainstream financial industry’s biggest long-term cryptocurrency bulls. However, the firm is advising clients to hold off on buying more bitcoin — at least for right now. Writing in a recent note to clients, Fundstrat technical strategist Robert Sluymer said that investors seeking to increase their bitcoin holdings should wait for the market to make a clear trend reversal. “Investors should remain patient and wait for evidence of an improvement in ‘trend’ before increasing exposure,” wrote Sluymer in an excerpt of the note cited in MarketWatch. “A move above the September real and relative highs remains the key resistance/reversal level that will need to be exceeded to signal the early stages of a trend reversal.” As CCN reported, the bitcoin price has seen record stability in recent days, with BTC’s daily trading range narrowing to levels not seen in more than 17 months and the coin’s price increasingly appearing tethered to $6,550. This decline in volatility correlated with a drop in trading volume, which analysts variously attributed to a decrease in sellers or a reduction in speculative buyers. https://www.ccn.com/bitcoin-price-wait-for-clear-bull-trend-before-buying-more-cryptocurrency/ Thank you for this kind advice and actually it is very important for us to know that when you buy bitcoin is very important as the market move and there is a clear prove that bitcoin is going to go up. I have invested at wrong time before and that affect my profits.
|
|
|
|
audaciousbeing
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 05:16:07 PM |
|
Bitcoin Price: Wait for Clear Bull Trend before Buying More Cryptocurrency
Wall Street strategy firm Fundstrat Global Advisors is among the mainstream financial industry’s biggest long-term cryptocurrency bulls. However, the firm is advising clients to hold off on buying more bitcoin — at least for right now. Writing in a recent note to clients, Fundstrat technical strategist Robert Sluymer said that investors seeking to increase their bitcoin holdings should wait for the market to make a clear trend reversal. “Investors should remain patient and wait for evidence of an improvement in ‘trend’ before increasing exposure,” wrote Sluymer in an excerpt of the note cited in MarketWatch. “A move above the September real and relative highs remains the key resistance/reversal level that will need to be exceeded to signal the early stages of a trend reversal.” As CCN reported, the bitcoin price has seen record stability in recent days, with BTC’s daily trading range narrowing to levels not seen in more than 17 months and the coin’s price increasingly appearing tethered to $6,550. This decline in volatility correlated with a drop in trading volume, which analysts variously attributed to a decrease in sellers or a reduction in speculative buyers. https://www.ccn.com/bitcoin-price-wait-for-clear-bull-trend-before-buying-more-cryptocurrency/ This news as noble as it might seems the firm is taking by advising people to not to invest at this time, I feel its surely not the right decision to take at this time because for me, I am looking at it in another light and this release connotes some meanings 1. How so they expect that the price of bitcoin should shoot up if they themselves are promoting the 'stay off at this time campaign'. It surely mean that they are also losing trust in the market itself. I have not seen a company operating in the stock market make a release to the public that its not the time to invest in the stock market even though its generally known that the peak of the stock market is still a far place to from where it is. 2. With this report that they are expecting the market to witness a bull means they are acknowledging that there is an artificial force that would propel that action that their clients can then hop in. These are insinuations that is expect to be made by people who don't have the right knowledge about the workings of the crypto market and by so doing, they tend to stay away.
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 06:06:39 PM |
|
However, I think they are speaking to traders. If you are looking for short-term profits, it doesn’t make sense to buy now if you think it is going to go down.
Traders generally don't really mind the direction of a market, they just need the price to be volatile. If you think the price will go down, then open a short position, if you think it will go up, open a long position. If the price swings aren't severe enough for you, then you can choose to leverage your trades. In other words, there are plenty of opportunities to trade current market. Funny thing about waiting for clear bull trends is that it is different for each person, which also depends on how well you understand this specific market. People should only care about when they are comfortable buying in, not about what others think is the right moment to enter. Most average coiners wait for the price to have gone up considerably before they even consider buying, which explains why so many of them have been trapped last year.
|
|
|
|
harizen
Legendary
Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 11, 2018, 07:22:01 PM |
|
Bitcoin Price: Wait for Clear Bull Trend before Buying More Cryptocurrency
Scenarios:
1) Too much waiting for that clear bull trend might lead into being late when the expected bull run happened = regret
2) After some patience, a "clear bull trend" is now happening but people need to deal with the current price rate to buy. = regret
Bottom line:
If people understand the risks the moment they put money on buying cryptos, then buy based on their own analysis. Professional analysis by others are also bound to failed so have a strong stand about making decision.
|
|
|
|
|