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Author Topic: WHICH GROUP DO YOU BELONG HERE  (Read 1490 times)
ethereumhunter
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August 26, 2019, 05:19:41 AM
 #41

BULL'S GROUP - always putting money into the market and does not take out often, more like long term investor.

BEAR'S GROUP - always taking money out of the market often, more like only interested in making money in a short while, i mean short term investors.

I am with those group Grin

I want to make money in a short time, and I also want to make money for a long time. I am sure that many people do this too as traders want to make a short time profit. We can choose both short time and a long time in the market because we will make more profit in the future, especially if, in the future, our investment can grow higher than the first time we bought. We will have more interest if we can find the other potential coins at the market, and I am sure that we will purchase those coins and hold it for a long time.

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August 26, 2019, 07:13:28 AM
 #42

BULL'S GROUP - always putting money into the market and does not take out often, more like long term investor.

BEAR'S GROUP - always taking money out of the market often, more like only interested in making money in a short while, i mean short term investors

That's a false dichotomy

As there are other alternatives and some of these alternatives overlap at that. Most experienced traders can be both and definitely not in the extreme form as you describe them. Bulls are not always only putting money into the market and never withdrawing it, while bears may be reinvesting some or all of their income. Further, you can be bullish on one coin and buying it while at the same time bearish on another and selling it. In simple terms, it is unlikely you will find a real person that would match your description perfectly (an ideal bull or an ideal bear)

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August 26, 2019, 02:47:21 PM
 #43

BULL'S GROUP - always putting money into the market and does not take out often, more like long term investor.

BEAR'S GROUP - always taking money out of the market often, more like only interested in making money in a short while, i mean short term investors.
Me personally belong to the bull's group if I'm not mistaken. I'm more on skeptical with my investment, specially in Bitcoin. Another reason why I'm not pulling out my money from cryptocurrency for a long period of time is because I don't see any good investment out there in which I can understand and trust. Good thing to stay in cryptocurrency, I guess and then trade some of it in order to acquire more value to my asset.
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August 26, 2019, 03:35:18 PM
 #44

BULL'S GROUP - always putting money into the market and does not take out often, more like long term investor.

BEAR'S GROUP - always taking money out of the market often, more like only interested in making money in a short while, i mean short term investors.
I my opinion you are really talking about permabulls who are always positive and believe the market will keep growing and permabears that believe the opposite, if you are an investor or trader you cannot really marry any posture, you need to watch the market and its indicators and then you decide what posture to take, besides those are not the only postures you can take, for example during the next days and weeks I am not really bullish or bearish since I believe the market will not move enough in either direction to justify any of those postures so I believe the price will keep ranging for a while.
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August 27, 2019, 03:28:25 AM
 #45

This was probably asked in more sense of "do you think bitcoin will go up or do you believe it will go down" and not really to specify everyone for good forever.

For example, I am a person who thinks bitcoin will go up in the long term but in short term it could do anything, like it could be 15k tomorrow or it could be 8k tomorrow and I wouldn't be surprised by any of it, however in 10 years from now I know it will be higher. That is why I pick the bulls group because I am a person who is long on bitcoin and bull on its price but if you take a look at it on more day trader approach than you will see that many bulls think it could be bear for a while in short term or vice versa with bears people thinking it could go up in short term. Not that there are many long term bears in crypto.

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August 27, 2019, 04:12:29 AM
 #46

I am not belong to any of that group, I belong to a neutral way. prices in market are not predicted so that I cant choose any side of that. this time we can expect that price will go up and down, everyone will pay attention to market, each time we will sell or hold what we have, whether we going to sell it or not. or wait for the right time. that's always been in my mind, so I can't make a right decision. better to wait for a better chance.
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August 27, 2019, 08:02:19 AM
 #47

If you really want to know, I am a bull. I make long term investments. It is not as profitable as short terms, but it is safer. I like to make safer investments, of course with lower profit.

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August 27, 2019, 09:32:47 AM
 #48

I am in both of them and this is all have a reason.
First for BTC will save some for the long term and part of it is used for some purposes.
Second if the form is Altcoin or Token then the frequency is because I'm late selling it so I would prefer to put it into long term, especially if the decrease is very deep, but this only applies to Altcoin whose development has been stable or continues to have development updates.
If you are in a bears group, and you also have backup funds for the future then you are a smart person. Experience teaches us that in the long run the price of bitcoin will definitely go up high, and it's stupid if you don't save bitcoin too for the future. so most smart people must be in these 2 groups
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August 27, 2019, 12:23:18 PM
 #49

I am in both of them and this is all have a reason.
First for BTC will save some for the long term and part of it is used for some purposes.
Second if the form is Altcoin or Token then the frequency is because I'm late selling it so I would prefer to put it into long term, especially if the decrease is very deep, but this only applies to Altcoin whose development has been stable or continues to have development updates.
If you are in a bears group, and you also have backup funds for the future then you are a smart person. Experience teaches us that in the long run the price of bitcoin will definitely go up high, and it's stupid if you don't save bitcoin too for the future. so most smart people must be in these 2 groups

What ever you do, in this case dealing with crypto, you always need to have backup plan. Nobody can survive in long run with going all in every time, no matter do you sell or you buy, you need to have more funds to cover yourself in case price movement change it`s course suddenly.
Anyone who deals with crypto should put some profit on a side for holding, in long term not just bitcoin price will go up, some alts have very promising future too.

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August 27, 2019, 01:22:22 PM
 #50

I do have some savings in the crypto currencies but I take when I badly need money, such as emergencies. At times of need like health problems then it should be taken care of right away. Where does that belong to? But I do like to keep my coins if not needed and buy mire when I have spare money, maybe I fall for the bull in your poll.
Lol. I guess you belong to both. At one point, we will all fall within both group, so I will not say that it will be a fixed or constant situation, and the reason why we are separating it is because many of us tend to forget that bitcoin is meant to be a utility coin, it is really meant to be used to pay for things within ourselves aside of the store of value features of it, so we are actually meant to be making lots of transactions with it and not just holding it there in the wallet, if we all keep the money in wallet, how would bitcoin really fulfill its main purpose of defeating the tradition banking system and also serving as alternative to fiat.

The fact we take money out does not make us belong to the bear group completely, except maybe we do it deliberately.
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August 27, 2019, 01:54:58 PM
 #51

I think most people are neutral in the way that you talk about. I mean nobody really knows what direction bitcoin will go in the short term, we don't know what it could do, we are not even exactly sure about the potential of bitcoin. Some say bitcoin will become something so huge that everywhere around the world it will become the primary currency so that people will be using bitcoin everywhere around the world without using fiat at all.

However, some people do not believe that and bitcoin will stay around here, at best case stay around 50-60 thousand dollars and can't break above that ever because it would require a lot more money to be put into it and that is why it can't have that type of huge future. While we can't even decide on potential, it would be weird to decide on the short future like tomorrow or this week.

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August 27, 2019, 05:33:39 PM
 #52

There aren't only two groups of investors, OP.  People who are either permabulls or permabears are insane IMO, and I see it a lot in the precious metals markets, where they'll tell you it's always a great time to buy gold or silver.  If you're looking to make a profit, you'll obviously realize that that can't be true--you have to sell eventually if you're ever going to make money.

Currenly I'm fully on the bull side of bitcoin, and I strongly suspect that it'll go higher before it goes lower.  The breakout from $3500 was huge, even if it's now stuck in a range again.  When it starts moving again, I have no doubt it will be to the upside.

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August 27, 2019, 07:45:27 PM
 #53

If you really want to know, I am a bull. I make long term investments. It is not as profitable as short terms, but it is safer. I like to make safer investments, of course with lower profit.
We're on the same cage but it doesn't mean that profit would become lower in the long term. How much was bitcoin during the time you've bought it? that's the matter and mostly, everyone who bought from the past except the all time high, took bitcoin when it was lower.

And as it goes on, the price is rising so if you think that profit would be low on your end from this moment whenever the all time high comes again. Why not do action and keep on stacking while there's an ample time for you to do?

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August 27, 2019, 08:00:35 PM
 #54

This was probably asked in more sense of "do you think bitcoin will go up or do you believe it will go down" and not really to specify everyone for good forever.

For example, I am a person who thinks bitcoin will go up in the long term but in short term it could do anything, like it could be 15k tomorrow or it could be 8k tomorrow and I wouldn't be surprised by any of it, however in 10 years from now I know it will be higher. That is why I pick the bulls group because I am a person who is long on bitcoin and bull on its price but if you take a look at it on more day trader approach than you will see that many bulls think it could be bear for a while in short term or vice versa with bears people thinking it could go up in short term. Not that there are many long term bears in crypto.
Well actually we could always making our own dichotomy...

a bull group supposed to be those people who loves making profit when the market is up
And
a bear group supposed to be the other way around or so.

But here we are..
I personally have a serious commitment since few years I do my bitcoin investment back in 2013/2014 that I will never cash xxx amount of bitcoin out at least for the next 20 years!
But I do actively trade in daily basis too , which group am I?  Grin

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August 27, 2019, 09:07:18 PM
 #55

BULL'S GROUP - always putting money into the market and does not take out often, more like long term investor.

BEAR'S GROUP - always taking money out of the market often, more like only interested in making money in a short while, i mean short term investors.
It all depends on what crypto are we talking here.
If it is a good one who could survive in the long run then we could be bull's for it but if it is just new then we would be bear because we don't even know if they would make it.
So it all comes down to the crypto that we would play because there are some who are good for a long term and others are for short term.

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August 27, 2019, 10:39:00 PM
 #56

This was probably asked in more sense of "do you think bitcoin will go up or do you believe it will go down" and not really to specify everyone for good forever.

For example, I am a person who thinks bitcoin will go up in the long term but in short term it could do anything, like it could be 15k tomorrow or it could be 8k tomorrow and I wouldn't be surprised by any of it, however in 10 years from now I know it will be higher. That is why I pick the bulls group because I am a person who is long on bitcoin and bull on its price but if you take a look at it on more day trader approach than you will see that many bulls think it could be bear for a while in short term or vice versa with bears people thinking it could go up in short term. Not that there are many long term bears in crypto.
Well actually we could always making our own dichotomy...

a bull group supposed to be those people who loves making profit when the market is up
And
a bear group supposed to be the other way around or so.

But here we are..
I personally have a serious commitment since few years I do my bitcoin investment back in 2013/2014 that I will never cash xxx amount of bitcoin out at least for the next 20 years!
But I do actively trade in daily basis too , which group am I?  Grin
You are in between. Grin Same as mine where i do have some coins that do sit for long term and i do have coins used for daily basis.
So either both ways you can be a bull group or bear group.

So this question wont really have that precise answer because everyone of us do have different way on handling their holdings.

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August 27, 2019, 11:41:05 PM
 #57

this question wont really have that precise answer because everyone of us do have different way on handling their holdings.

thats right anyone has thier own preference  . this is the goal of this thread and the op on why he is asking if what groups you belong   .  there is no right or wrong answers on here  .  some are on the bull group and some are on the bears group while others are on the both sides  ( just like you )   .  me i think im on the bear side because i sell coins every month or two  due some valid reasons  ( i have my debts/loans to be payed  )
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August 27, 2019, 11:49:25 PM
 #58

Crypto investment is mostly on the long term unless in few occasions where you would see people who are in  for the bear market. I think am a bull since I hardly withdraw my funds from crypto unless am really broke and my fiat cannot suffice me.
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August 28, 2019, 03:20:15 AM
 #59

I like become part of BEAR'S GROUP because could make money with short time and we get profit without have floating, its safety for investor or bitcoin and altcoin trade.
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August 28, 2019, 06:42:43 AM
 #60

But I do actively trade in daily basis too , which group am I?

You are in a daily trader group, obviously

Daily traders and those who come close to them in terms of how much they trade can be both bulls and bears depending on the state of the market at the moment. If the market is down, it can be more profitable to be on the sell side of trade, i.e. to be a cautious bear. When the market turns around, you can change sides too along with it and now be an aggressive bull. Moreover, you can in fact be a bull and a bear at the same time even with the same coin. It is called hedging, so it is kind of neither here nor there

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