Bull or bull trap

[stadus]

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 will understand your feeling last weekend bitcoin goes drops quickly at almost 10% as human difficult to control emotion speciall if the experience and suffer loses during the bear market.

That dump will cause panic to the newbie or those who don't understand correction.
Bitcoin is back up now, we are seeing it's stable price before it was dump through correction and I think we have good support at the current price.

[btc_angela]

It really early to call the current market a bullish or bull trap market since you're still in the middle if confirming if the market was totally bull run and it early to decide the bear is over cause the whales can manipulate the market just like it happened before Friday of last week by if the surge continue for a month then we can decide that we're experiencing the bull market.

Lowest low's we had is $3200, the current price is $8k, so that is already a huge jump and that is a big gain already. So personally, we are out of the bears for now and I don't see the price going to $4k-$5k mark. We still have a long way before the end of the year, so we are still looking to at least $10k.

[LUCKMCFLY]

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

The bitcoin may continue to increase or have made its increases because it is always producing a high volume of operations, that is, 24 hours a day there are always people moving the market, so the Strong Hands do their strategies in a way that they can have a lot of profitability, given that they are the ones that have the money to be able to emerge or emerge the esepculative market, often in 2018 the Strong Hands took as a primary strategy the purchase of Bitcoins, so what they did was lower the price as much as possible so that they could buy as many bitcoins as possible at the lowest cost.

This strategy was very good, they managed to end the offer at low levels, and made many operators distrust their knowledge as traders and delivered many of their cheap bitcoins.

Now the market is taking other courses, they are testing offer at higher price levels, and therefore the price logically goes up, because the supply was finished in the market when it was at very low price levels, now movements are taking place On a large scale, raising the price, which has caused a normal setback in the market in the last few days, we now have to wait for movements to take place due to this, since the market is in a long accumulation phase.

[emmybd]

The current market situation is very unpredictable. Nobody can tell what would happen next. In my opinion, when you are dealing with crypto, you have to take some risk to gain high profits.

[kakonhat]

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

Time is out of a bull trap. Now it's time to Bull and Bull until 2020. The market is growing up to save McAfee's D**k. I hope the bull continues and hit the McAfee's target like did before.

[Natalim]

The current market situation is very unpredictable. Nobody can tell what would happen next. In my opinion, when you are dealing with crypto, you have to take some risk to gain high profits.

But if you believe on the future of crypto, you will be relax even seeing the price is very volatile.
It's unpredictability makes it interesting especially for the traders because with good price prediction, they can make money on it.
 
Market is volatile and that is the normal movement for now, some big dump could happen, but not something that should cause panic  to those who understands the norms, bull or bull trap, we have to make decision now, and that decision should render us profitable.

[futureofeth]

I am more inclined to believe that bitcoin will still fall down before it grows. Of course you don't have to believe me, it's just my humble opinion. But I think we need to wait a little longer.

The waiting has just turn positive as the price of Bitcoin has started growing again. The nature of the sudden dropped caused many investors and holders to panic, but seeing the rising again has made hope rise for another "All Time High". At this time, i will predict above $11,000 before another drop, just my little cent.

See each one has their own predictions about the Bitcoin, whether it will cross that price or not we don't know but with the potential, it is showing in the market might cross the value of 10000$ but before increasing the price we might see the downfall of the Bitcoin which makes many people kept talking negatively about the coin. Instead of panic, we should keep strong holding the Bitcoin.

[GregH37]

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

This time for cash in, don't be afraid to buy bitcoin now because this bitcoin will reach the higher price level before crash again. No bull trap, the market normaly go up and down, but one thing that you have to keep in mind is the price of bitcoin is still tend to rise although the volatility is very extreeme.

For individuals who needs money now or are nit long term investors, I think they can always cash out anytime the price goes high, as you can see yourself that market will always go high and low and the opportunity to buy low after seeking high will always come,.

Any investor with small fund can just cash out, take its profit and wait for the market to dip again for him to out the capital back, but they should pay attention to what I said and not miss quote me, that is why I have a clause that this is suitable for those who are not long term holdler because this method of taking profit can really make a long term holder miss the big profit if care is not taken.

[Kiweikoo]

We have seen this kind of movement before, so I don't know what people are still surprised with these kind of movement. There will be always some traps along the way. And it's really up to us how we are going to adjust if such predicament is presented to us. If you aren not comfortable about the recent changes then, get out and book profits so that you won't fall for the trap.

Listen, whoever consider it a trap then he may not do make money professionally but he will always trade in fear and risk. The current downfall in price is not much serious but the price has recovered again today which is 7984 US dollars. The increase in price shows that all the traders who believed in the Bitcoin and hold their coins are now in profit again so they know that there is some chance to make it.

[legenduim]

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

It depends on investments. You should take into account the prices of altcoins during the time you bought them and their costs now. If you see that the returns can be great, and you need money urgently, you can sell alts. I am going to hold crypto longer.

[richmcrich]

The current market situation is very unpredictable. Nobody can tell what would happen next. In my opinion, when you are dealing with crypto, you have to take some risk to gain high profits.

Honestly at this point, I think we just have to learn to take risk but a reasonable one, because even experts cannot tell exactly what will happen in the crypto market.
The only thing I can guarantee about bitcoin is that no matter the risk we take now, our risk will in bitcoin will be worth it in 2 or 3 years’ time to come, but for other investment in altcoins, one cannot just take risk in them without carefully studying their market and having full assurance that they will survive in future.

I know bull will always manipulate the market, but no matter how much they manipulate, bitcoin too has some genuine factors that has the ability to increase its value in future.

[Helpme_please]

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

It depends on investments. You should take into account the prices of altcoins during the time you bought them and their costs now. If you see that the returns can be great, and you need money urgently, you can sell alts. I am going to hold crypto longer.

if we use cold or free money in our investment , we should not confuse about this thing.we will not panic and keep holding our assets till it give us profits.personally i am still hold all of my crypto assets.

[playboy654]

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

It depends on investments. You should take into account the prices of altcoins during the time you bought them and their costs now. If you see that the returns can be great, and you need money urgently, you can sell alts. I am going to hold crypto longer.

If we just keep holding without any specific value to reach then we might not get any profits or the profits we are supposed to get for that atleast have some target value from your purchase price then later sell half or some part of the holdings for cash and just hold the remaining longer.

[Pom_bensin]

I see this is not a bull trap, this is a real bull and this will continue until 2020, so if you think this is a trap of bulls I think it is inconsistent and we should see this bull in the near future.

[iv4n]

I see this is not a bull trap, this is a real bull and this will continue until 2020, so if you think this is a trap of bulls I think it is inconsistent and we should see this bull in the near future.

Occasionally price will go down, like it did couple days ago when we saw a drop to 7300 dollars. Bitcoin never had straight line to up, it`s always some rising, some dropping, it`s what make people to love bitcoin trading, there isn`t anything else that can wake up adrenaline in you, especially when you have bitcoins and you trade with them.
We will see what will happen, be ready for everything and only like that you can survive in long term, prepare yourself for every scenario, only trap we have is in our heads.

[bitbunnny]

I see this is not a bull trap, this is a real bull and this will continue until 2020, so if you think this is a trap of bulls I think it is inconsistent and we should see this bull in the near future.

I can't fully agree. For me this isn't a real bull run. Price will continue to fluctuate and some corrections like this the other day will continue to happen. Price will not go only straight fiorwadd, this couldn't be expected and to my opinion there is still a long way to go until Bitcoin reach 10000$ or more again.

[diazepam666]

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

It depends on investments. You should take into account the prices of altcoins during the time you bought them and their costs now. If you see that the returns can be great, and you need money urgently, you can sell alts. I am going to hold crypto longer.

If there is any physical asset to exchange for cash you may use that in your hard time. Please do not loose the money on investing it over any cheap coins after you sold and got the money. Better you can hodl the coins as long as you can.
If there is big needs or big price falls and breaks the last peak value then you may sell your bitcoins.

[Botnake]

I see this is not a bull trap, this is a real bull and this will continue until 2020, so if you think this is a trap of bulls I think it is inconsistent and we should see this bull in the near future.

I can't fully agree. For me this isn't a real bull run. Price will continue to fluctuate and some corrections like this the other day will continue to happen. Price will not go only straight fiorwadd, this couldn't be expected and to my opinion there is still a long way to go until Bitcoin reach 10000$ or more again.

Long way? I am more optimistic now that $10,000 will be achieve soon.

What Bitcoin needs to do is just break the barrier or resistance and then we can sour high.
W have stayed at this price longer already, but we never go down.. hmm. we did once but easily recovered.
Next price action would be pump, then reaching $10,000 would not be that hard anymore.

[Kiweikoo]

No one can tell, but I can definitely tell that it will be no time you should be all in or out, there is always theoretically some points you should be all in for sure but in practice making such decision not different than gambling.

Exactly it is far easy said than done. What I prefer is to keep my head in the tent with my feet out of the tent. One should withdraw the profits when there is a rise in the market value of the coins you HODL. With this, the coins you HODL should not leave the market for ever for there could be more addition to that. This is a good way to make money in crypto.

[Hypnosis00]

I see this is not a bull trap, this is a real bull and this will continue until 2020, so if you think this is a trap of bulls I think it is inconsistent and we should see this bull in the near future.

Often to experience any downfalls but it is a part of crypto journey, we get into strong because of this things.
If people are thinking that this a bull trap, then let be. That's their market interpretation and can't push them to believe of what we think to day. Either this current trend we have is a trap or not, I will still accept it no matter what will happen.