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Author Topic: Observe the trend and don't get surprised  (Read 742 times)
lockes007 (OP)
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November 21, 2018, 08:23:57 PM
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 #1

Trading in the assets classes we have today require of you to be friends with the trend. It is dangerous to try catching a falling knife.
Lots of markets are starting to unwind (equities, RE, Cryptos). There’s going to be a lot of great opportunities in the next few years
Looking at previous BTC price actions and what happened back then, compared to their prices today and what is happening right now. I tell my folks; the price is absolutely no doubt is lacking behind. And when it takes off the tens of thousands and probably to the hundreds of thousands ($), the average person waking up to this would think it happened overnight.
Though necessary you don’t have to fix the economy, neither do you have to wait for the government to do that. You just have to train yourself to see the opportunities that are passing by you every single second and capitalizing on them. Whether it’s good or bad, there will always be opportunities. Cryptocurrency has presented to us a great deal of opportunity; now let's Seize the Glory!
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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South Park
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November 21, 2018, 08:44:14 PM
 #2

I agree that is very important to follow the trend, many times I see people fighting the market and saying something like the price should not be that low and they keep trading thinking the direction of the market is going to change and as you may guess they lose their money because if the majority thinks that the price of bitcoin or any other cryptocurrency needs to go down then it will go down.

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clrpod
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November 21, 2018, 08:45:35 PM
 #3

Trading against the trend of the market is the biggest mistake people tend to make. The same strategy that works in a bull market won't work in a bear market and vice versa, I learned this the hard way myself.

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November 23, 2018, 11:57:23 PM
 #4

Trading against the trend of the market is the biggest mistake people tend to make. The same strategy that works in a bull market won't work in a bear market and vice versa, I learned this the hard way myself.

This is the basic truth everyone needs to accept
It helps to save funds and prevent losses hence the need to be smart

But crypto currency is a funny game, if there are no losses there cannot be profits
So let’s enjoy involvement and be smart about it
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November 24, 2018, 01:15:00 AM
 #5

We lost a lot on altcoins this year
oppo070
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November 24, 2018, 02:21:06 AM
 #6

Trading in the assets classes we have today require of you to be friends with the trend. It is dangerous to try catching a falling knife.
Lots of markets are starting to unwind (equities, RE, Cryptos). There’s going to be a lot of great opportunities in the next few years
Looking at previous BTC price actions and what happened back then, compared to their prices today and what is happening right now. I tell my folks; the price is absolutely no doubt is lacking behind. And when it takes off the tens of thousands and probably to the hundreds of thousands ($), the average person waking up to this would think it happened overnight.
Though necessary you don’t have to fix the economy, neither do you have to wait for the government to do that. You just have to train yourself to see the opportunities that are passing by you every single second and capitalizing on them. Whether it’s good or bad, there will always be opportunities. Cryptocurrency has presented to us a great deal of opportunity; now let's Seize the Glory!


and also some opportunities are passing by, but we are always to choose whether to grab that or not as we know there might be a bigger opportunity ahead. That we might lose if we grab the first one. Be knowledgeable in making decision in order for us to succeed.

GermanGiant
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November 24, 2018, 02:32:48 AM
 #7

Many people think that cryptocurrency can provide benefits overnight and then fear that 2019 will become a prolonged multi-year bear market. Look at the many $ 800 targets at $ BTC from people who have never had the opportunity to buy at that level. I think an 80% discount is not good enough to start scaling.
healthsamvikit
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November 24, 2018, 04:44:10 AM
 #8

Just HALK
Coltpython
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November 24, 2018, 04:47:27 AM
 #9

Trading against the trend of the market is the biggest mistake people tend to make. The same strategy that works in a bull market won't work in a bear market and vice versa, I learned this the hard way myself.

I wish I could give you a merit for this. Some so called crypto experts have no idea that the strategies employed in both bull and bear markets have to be distinct. They blow away their funds and worse still mislead newbies into their wrong calls.

lyaclotesual
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November 24, 2018, 05:39:12 AM
 #10

I don't see any reason for invest into altcoins ...
helmihamcont
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November 24, 2018, 05:55:16 AM
 #11

And when will growth begin?
nreal
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November 24, 2018, 05:55:45 AM
 #12

I agree with your view, after the gloomy market over the new opportunities will come, those who leverage it will be successful. Just like a cold winter will be a beautiful spring

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November 24, 2018, 05:59:54 AM
 #13

Trading against the trend of the market is the biggest mistake people tend to make. The same strategy that works in a bull market won't work in a bear market and vice versa, I learned this the hard way myself.

That's correct, trading against the market has been a tradition now they expect something great like trying to plan for short term investment like they buy in mid of the year and sell in the end of the year for a reasonable profit, I guess this year it won't happen as market is struggling.

Indrawan77
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November 24, 2018, 06:07:10 AM
 #14

Yes it's absolutely correct, we need to follow the trend and try to be friend with the trend and we need to embrace and seize every opportunity within the trend, and each of the situation present different way to earn, if we can learn each trend and make it into our experience then we surely can get big profit and experience for the future
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November 24, 2018, 06:07:56 AM
 #15

At this time I think the market is still in a correction phase. Many page analysis rates from 3k to 4k2 $ are the final correction level of the BTC. Maybe it will take some time before the entrance to the new uptrend.

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November 24, 2018, 06:13:45 AM
 #16

Indeed, we must follow the current crypto motion and continue to monitor every news and surprises that are present, whether it's about the market or about other developments related to crypto so that we are also ready to face all the possibilities that occur.
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November 24, 2018, 11:49:30 AM
 #17

I am not surprised by any of this in the market, any one who knows cryptos knew that this was coming and there was no way that we were going to stop the coin from falling. The best thing is to always do research and that way you can be prepared for anything that is going to happen since you already have some kind of knowledge about it

carechikett
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November 24, 2018, 12:10:22 PM
 #18

Waiting for Bitcoin 1k
patrickcrewdson
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November 24, 2018, 12:20:20 PM
 #19

I don't see any reason for invest into altcoins ...

Why not? I mean if a altcoin is supported for more then 3-4 years... then what the difference to bitcoin in terms of investment?

 It's just like other predictions of the whales movements.   Smiley
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November 24, 2018, 12:20:53 PM
 #20

It is mostly inexperienced traders and investors who panic at every drop in price. Volatility is a common n factor in cryptocurrency, and while we are optimistic about a pump in price we should always consider that it could go the other way.
And try to predict the market movements, that way you would not be caught in the middle.

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