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Author Topic: Bull or bull trap  (Read 2054 times)
traderethereum
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May 16, 2019, 04:02:28 PM
 #21

Why are you so confused?
It depends on what you want to do.
I think if you see you can take profit, then I suggest you take the profit before the price is down deeper.
You don't have to worry if somehow the price increases after you take the profit because you still get the profit without having a loss.
I know that many of us still suffered lots of losses from the last year and now, we see that many of coin can increase and some of them can pass the buy price we made.
So when the price now can pass the buy price, it is better to sell some amount to get your balance first and wait for another higher price, and you can sell the other amount to take another profit.
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May 16, 2019, 04:03:07 PM
 #22

Most people over-think the situations, as that's something not to do and is why we often see people struggle. We have to learn to keep things simple and avoid getting into that complicated zone, as that's not helpful for anyone. If it's bull now, just enjoy it.
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May 16, 2019, 04:24:11 PM
 #23

No one can answer that, it's your own decision to think and assess how things will be going, the market volatility will always brings doubts and you need to be firmed whenever you make your decisions, be calm and keep analyzing the situations and decide after you are fully convinced of your next assessment, in that way you wont regret anything.

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Bitkoyns
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May 16, 2019, 04:24:59 PM
 #24

dont be confuse, you can make a profit and everything that you can earn put it as holdings so that you wont regret whatever the result is, if the price drops you capital is still there and when the price raise you capital is still there and you also had a profit to be hold.
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May 16, 2019, 04:57:20 PM
 #25

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year

there are some people that predicting that the ATH will be pass this bull run so if you are confused you can hold 50% of your bitcoins and the other if you want you can cash it out so whatever the outcome of the price you wont regret it.
maybe sell some our asset to keep psychology have to do. after suffered loss in last year movement , our mental destroyed and confused to take decision about it.maybe if we still have earning source from other place we could hold asset till its value back to initial deposit.

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May 16, 2019, 05:11:28 PM
 #26

Why doubt the power of bitcoin?

Well, if you are really confused with what is happening and still in doubt then you could always withdraw if there is already profit.
Don't get too much greedy or you will suffer.
The thing is some users here are dependent with the daily profits. But if you are not then, you could just let it stay. Bitcoin will still go up and I have no doubt about that.
Just be careful with exchanges though. They are kind of holding some withdrawals since the bitcoin price pumped. I have experienced one just recently and is now 2 days pending.
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May 16, 2019, 05:22:36 PM
 #27

This rally seems like a bull rally to me and this is just the start of it. I'm a person that is basing on different opinions of many expert in trading. But whenever I see some tradingview from experts, they are saying that this is a bull market for them.

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May 16, 2019, 05:41:21 PM
 #28

This rally seems like a bull rally to me and this is just the start of it. I'm a person that is basing on different opinions of many expert in trading. But whenever I see some tradingview from experts, they are saying that this is a bull market for them.
Yes, it is a clear run and not a bull trap because if it is a trap ut will not go up to this price before it dumps. This is only an indicatioim that the market starts to recover and preparing for the next bull run. I am going to call this as bull market. Many experts is not expecting this kind of run based on the informations that i got from their tweets and posts but, they ride the wave that is how they move.


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Bitkoyns
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May 16, 2019, 06:32:51 PM
 #29

This rally seems like a bull rally to me and this is just the start of it. I'm a person that is basing on different opinions of many expert in trading. But whenever I see some tradingview from experts, they are saying that this is a bull market for them.
Yes, it is a clear run and not a bull trap because if it is a trap ut will not go up to this price before it dumps. This is only an indicatioim that the market starts to recover and preparing for the next bull run. I am going to call this as bull market. Many experts is not expecting this kind of run based on the informations that i got from their tweets and posts but, they ride the wave that is how they move.

it may still a trap because if you see the market it happens to be a bull and the other will bought many coins in the market and after that the price drops like what happen early this day so it is a trap.
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May 16, 2019, 06:50:02 PM
 #30

This rally seems like a bull rally to me and this is just the start of it. I'm a person that is basing on different opinions of many expert in trading. But whenever I see some tradingview from experts, they are saying that this is a bull market for them.
This market recently having a strong bull run, i am not sure will it gonna last but do ypu reallize the pumps are getting weaker after many days, that is the sign when whales stop pumping and let us be dumped constantly, so in these day, any movement of the market should be consider carefully because that can be a bull trap.

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May 16, 2019, 07:50:27 PM
 #31

This rally seems like a bull rally to me and this is just the start of it. I'm a person that is basing on different opinions of many expert in trading. But whenever I see some tradingview from experts, they are saying that this is a bull market for them.
This market recently having a strong bull run, i am not sure will it gonna last but do ypu reallize the pumps are getting weaker after many days, that is the sign when whales stop pumping and let us be dumped constantly, so in these day, any movement of the market should be consider carefully because that can be a bull trap.
whales begin to take profit for their transaction in dip.and we have realize it by analizing from chart.i see buying momentum decrease after reach resistance around $8500.but i am not sure this movement just bull trap.
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May 16, 2019, 08:15:19 PM
 #32

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
I don't know, actually the one who has to decide on it is you alone because even I don't know what you experienced before such as how much the total loss is and what value you want right now or to cover your losses.
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May 16, 2019, 08:31:09 PM
 #33

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year

Bull trap is a product of confusion on what to do.

Why just think of doing some cash-in today. We are on bottom for almost a long period of time.

About thinking on cash-out, it's up to you, recover the losses or risk waiting for more price increase.

You are the only who can decide for yourself. It's easy to say for us to just cash-in or withdraw all your money. It's your own money after all. Spend time analyzing the situation and create "what if" questions.

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May 16, 2019, 09:19:43 PM
 #34

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
Keep some and cash out the rest. when you are feeling worried to see the same pattern that happen last year and you should choose a wise decision to cash out some of your portfolios when you have been getting it back again. Just keep some of your amount in your wallet to anticipate the bull and cash out some money to anticipate the bulltrap.
The trend looks so difficult to be determine but i believe we are in the bull.
There is no thing such bull trap here mate, and as I observed the price right now some of the traders dumped while price at higher stage of price. I only view it as normal occurrence to people who haven't earned good income during the time of bearish market. For now let's just wait until such time the price of $8k will again bounce for another rise, and for the main time we'll probably see big fluctuations to happen.
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May 16, 2019, 09:35:06 PM
 #35

Today it looks like both to me. Either we will continue the rise to $8700 or something like that, or the market will reverse and we are going to retest some of the previous levels. You have to decide which one of these options is going to happen for yourself. I know this post of mine is of no use to you, but I myself am in the same dilemma. I just recently exited a trade I had, and now, like you, I'm wondering should I go long or short?

Just to be clear, I hope for a continuation of the bullish run.


I think this is not a trap bullish will continue to raised upto 10,000$ proce at coin market cap then observe closely the price weather price stay at 10,000$ or goiing down again, but for sure my expectation price stroger until end of the year. So let's wait what will bitcoin future this year 2019 challanging and interesting.
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May 16, 2019, 09:40:54 PM
 #36

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
I also same like you but I think more than getting out from this field the way to get investor will helpful in anytime so I recommend to invest only because the cryptocurrency is stable with developed situation.

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adzino
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May 16, 2019, 10:02:16 PM
 #37

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
Don't take financial suggestions from people online. This is your money and you will know the best way to handle it instead of those thousands of random online people.
If you want to cash in or cash out totally depends on how much you are willing to risk. Want to risk high? Then just keep holding it after reaching a decent amount of profit goal.

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kodtycoon
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May 16, 2019, 10:19:25 PM
 #38

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year

you have suffered losses in the past and you should have risen from that suffering, at least you have bought more before for a good profit yesterday, but after all the crypto price has the potential to soar so it is not wrong to buy now when prices are down and you can trade for quick profits or even just hold it for higher profits but must also have high patience to achieve that

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Twinkledoe
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May 16, 2019, 10:19:35 PM
 #39

It depends on the OP's current situation. But he needs to decide on his own when it comes to his investments.

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
Don't take financial suggestions from people online. This is your money and you will know the best way to handle it instead of those thousands of random online people.
If you want to cash in or cash out totally depends on how much you are willing to risk. Want to risk high? Then just keep holding it after reaching a decent amount of profit goal.

I agree with that. Those financial pieces of advice that he will receive will be a lot more. But he should be doing it on his own. Maybe, those will be his guide but not ultimately following them. After all, it is his own money.
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May 16, 2019, 10:23:17 PM
 #40

I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
Of what you're thinking right then you have to follow it, we are not taking an account or wanting to be blamed by you cause we force you to sell or not.
Cause for me, I sell some of my BTC. Though I've never thought that this is a bull trap but a natural way of pumps, no hypes or any influential individuals causing for this pumps but I just to have my assurance and 2018 losses won't happen to me again.

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