STOP FOLLOWING BITCOIN WITH SENTIMENTS!

[pundit]

100% investment in any asset is not treated as a wise decision, its hard to predict any financial market as almost all the financial markets have manipulators to manipulate it. Its  always recommended to take any investment decision after a proper research of the market/product and only the amount should be invested which one can afford to lose. Rest market sentiments also play a vital role in movement of any financial market so do not find it wrong to invest in Bitcoin as per market sentiments, one can miss a good profit by not investing in any asset at the right time.

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[Ridwan Fauzi]

Just enough if someone want to invest or do trading for theirs daily activity they should know about the theory. I meant theory of investing in bitcoin such as some factors which will make bitcoin has a function in the future and make the price high than he bought before. And if he will do trading he should knows some analyst such as fundamental and technical, those factors are enough to be theirs self without show an interest to what other people says. However, if there is someone who has an interest and even lean on his investment or his trade to other people then we will see how miserable he is cause he doesn't has identity to make him survive.

[sammyp]

Bitcoin shouldn't be followed by sentiment. Some people here in this community trust bitcoin and they know that this is just the beginning of this technology, so they still believe in bitcoin and invest in it, like I do, and there are other people who afraid when they see this huge volatility of price in the market, so mostly they quite the crypto world because they find it so risky. Everyone is free to quite or to be a strong believe in the crypto, more especially bitcoin. Personally, I get a huge profit from bitcoin and I know how the market goes and I'm still in profit even when bitcoin decrease to 2k$.

The cryptocurrency market is a market which usually deviates from the way we expect it to and as such it should be considered as a game of chance.  Today its like this, tomorrow its the other way round. It is no place for people with emotions. Patience together with perseverance will help better than sentiments.

[DreamStage]

Fully agree with you and i have been one the dark side as well trusting others to backup some unacknowledged informations.

Sometimes you wil also need to feel how high your stakes are in terms of some investment you wish / want to make in some specific time / moment / occasion.

Take for example the last night's price surge. You should know if you do invested in time you would win such big profits. And eventually you can end up being sad as you have lost a good profit.
But then you sit and think what can you do to improve your investments.

Other times when investing there are some people who rather prefer to manipulate newbies thinkings by telling them to BUY immediatly some so the price goes up for their own profits (the manipulators ofc).

Newcomes need to stay active but alert and get informed of everything thats going on around them.

[niisarearning]

I completely agree even i created one thread about exiting from market . Investing on market required lots of Analysis , Research as well as background verification . Same applies for Exiting from Market . Crypto Market is highly volatile . We cant predict the profit margin It may 100 times or 1000 times profit or loss . But better we should start to put profit margin and Stop loss while trading.

[Seth2009]

This goes for any asset, manipulation via marketing and game theory is present in any market. People should always research the fundamentals and try to understand the thing they are investing in.

As an additional, we should look also for the technical analysis of each coin we are holding.. Its better if we learn all the basic knowedge and informations in regards of trading cryptocurrency.. This will help us to protect and gain more profits with our investments.. Aside from that, if we have enough knowledge with this matter we have a control with our emotions.. We can go with the flow... Just dont let your emotions overcome your intelligence..

[olumyd]

It has become increasingly unpredictable to know what would happen on the crypto market at any point in time. It is good to hodl some bitcoins though but it is equally important to note that the price of bitcoin is largely depended on few individuals who have the power to manipulate the market. Most analysis that are made on bitcoin are just made with mere sentiments and nothing else. Cryptocurrencies has always been a suitable venture for smart people but if care is not taken you may end up being misled by so called experts on the crypto market. It is good to invest your funds in bitcoin but don't fully trust crypto analysts without doing your own background research by reading wide.

I'd say that's half true, considering a single order on Tuesday refreshed traders and ushers in a new buying spree. But if I may ask, if we don't follow bitcoin with sentiments what are we to do? We aren't '0's and '1's you know.

[killat]

The only sentimental we should have is making money. Even the most excited holders will sooner or later liquidate their Btc agains the correct price.

So, we should focus more on our target and do our best to reach it.

[Noa_Amable]

This goes for any asset, manipulation via marketing and game theory is present in any market. People should always research the fundamentals and try to understand the thing they are investing in.

in some cases researching is really complicated, can you suggest latest btc hike?

[PlusOne88]

Sentiments are always part of our human behavior as individuals who fear the uncertainties. I would suggest not to avoid these but try to educate oneself so that sentiments might be used positively. Ignorance of what is going on makes you bad at decisions making process. Educating oneself will help it.

[goaldigger]

It has become increasingly unpredictable to know what would happen on the crypto market at any point in time. It is good to hodl some bitcoins though but it is equally important to note that the price of bitcoin is largely depended on few individuals who have the power to manipulate the market. Most analysis that are made on bitcoin are just made with mere sentiments and nothing else. Cryptocurrencies has always been a suitable venture for smart people but if care is not taken you may end up being misled by so called experts on the crypto market. It is good to invest your funds in bitcoin but don't fully trust crypto analysts without doing your own background research by reading wide.

You can just read an article and believe in that right away. This is why there is so called "researching" which you can gather facts about it. Bitcoin is really unpredictable and we dont know when the manipulators start running it again. One thing is just for sure. Buy coins and take it with you together with a lot of patience.

[Rajamuda]

it is no longer the time to feel doubtful or thinks badly like the sentiment about crypto/bitcoin, playing calmly with optimism while digging into a lot of things to deepen meaningful knowledge and experience so that it progresses better with the efforts we prepare.

[gabmen]

It has become increasingly unpredictable to know what would happen on the crypto market at any point in time. It is good to hodl some bitcoins though but it is equally important to note that the price of bitcoin is largely depended on few individuals who have the power to manipulate the market. Most analysis that are made on bitcoin are just made with mere sentiments and nothing else. Cryptocurrencies has always been a suitable venture for smart people but if care is not taken you may end up being misled by so called experts on the crypto market. It is good to invest your funds in bitcoin but don't fully trust crypto analysts without doing your own background research by reading wide.

I think that's pretty obvious, market sentiments can change in a couple of minutes anyway, you should be the one that is careful about what your money goes into and you should have stop-loss on every single trade you make to make sure you won't take much of a loss if the price doesn't go where you thought it would, in other words you should have a plan B for your trades all the time when/if market goes against you.

I think it should be basic knowledge to keep yourself detached while you're in an active trade. Just stick to your plan because you're more in control when you made that. I agree that you should have a plan b or contingencies as well but bottomline is, have a clear target.

[MarioV]

It would be more correct to say "do not follow bitcoins with speculative and economic feelings". Because instead you have to be sentimental towards it: it is the true revolution of a world paradigm in which nobody now hoped anymore.

[dentolas]

It has become increasingly unpredictable to know what would happen on the crypto market at any point in time. It is good to hodl some bitcoins though but it is equally important to note that the price of bitcoin is largely depended on few individuals who have the power to manipulate the market. Most analysis that are made on bitcoin are just made with mere sentiments and nothing else. Cryptocurrencies has always been a suitable venture for smart people but if care is not taken you may end up being misled by so called experts on the crypto market. It is good to invest your funds in bitcoin but don't fully trust crypto analysts without doing your own background research by reading wide.

woooowww, you almost read my mind    just made a post exactly about this... the chart gurus are just doing the market makers bidding (some might know it, but I believe that a part of them doesn't even realise it), and the market makers keep on filling their pockets...
People just had a great example about it... every expert was saying that BTC was going down, people shorted and boom... everyone lost their money... for the market makers pockets...
Not saying that it is not important to look at the charts, but do your own analysis... if you are not an expert, the same can be told of the majority of so called "experts"... better a rude analysis made by yourself...

[gabbie2010]

It has become increasingly unpredictable to know what would happen on the crypto market at any point in time. It is good to hodl some bitcoins though but it is equally important to note that the price of bitcoin is largely depended on few individuals who have the power to manipulate the market. Most analysis that are made on bitcoin are just made with mere sentiments and nothing else. Cryptocurrencies has always been a suitable venture for smart people but if care is not taken you may end up being misled by so called experts on the crypto market. It is good to invest your funds in bitcoin but don't fully trust crypto analysts without doing your own background research by reading wide.

Crypto analysts do give a lot of divergent views of the market that can cause confusion to the trader as you rightly said  a lot of sentimental decisions on bitcoin are mere statements which doesn't hold water, a hodler or trader should just do his research diligently so as to know when to buy and when to sell thus making profits consistently of course it is not an easy task all these requires acquiring adequate knowledge on cryptos so as to have an edge over the market.

[Vaskiy]

Sentiment is just a emotional regard or opinion. When one make an investment surely he has the belief that bitcoin will grow high. This can either considered hope on bitcoin's growth, emotional opinion or the positive attitude. With this someway people have some attachment to bitcoin with sentiment which is common and that can't be excluded.

[thankyoulord]

You are right about this post. The truth is so many people in the crypto space today, follow bitcoin with so much sentiments. They are always trying to predict when the price of bitcoin will pump high so they can cash out big and then to read all kinds of stuffs online to match what they expect about bitcoin. we should just buy and hold our bitcoins instead of always trying to predict bitcoin price every now and then.

[Ipwich]

Sentiment is just a emotional regard or opinion. When one make an investment surely he has the belief that bitcoin will grow high. This can either considered hope on bitcoin's growth, emotional opinion or the positive attitude. With this someway people have some attachment to bitcoin with sentiment which is common and that can't be excluded.

People in general are emotional, they follow the sentiment, when it's bullish they are also bullish, that's why the smart investors
can easily manipulate the market to create more FOMO and bitcoin will be sometimes overbought, when that happened there will be some correction that will happen, and instead of relaxing, they do panic because they thought the market will die, then smart people buy the cheap coin again.

[blueteam09]

It has become increasingly unpredictable to know what would happen on the crypto market at any point in time. It is good to hodl some bitcoins though but it is equally important to note that the price of bitcoin is largely depended on few individuals who have the power to manipulate the market. Most analysis that are made on bitcoin are just made with mere sentiments and nothing else. Cryptocurrencies has always been a suitable venture for smart people but if care is not taken you may end up being misled by so called experts on the crypto market. It is good to invest your funds in bitcoin but don't fully trust crypto analysts without doing your own background research by reading wide.

We are small investors with low investment, so please accept the daily truth that we are seeing. Why don't you accept that? Let them manipulate the market and become a dancer to be able to dance to the songs that elephants create.