How do we get the best at this moment?

[aryadiningrat123]

if we want to get the best we have to maintain bitcoin until it goes up again and we hold bitcoin until the price goes up again or normal again and I'm sure investors already know about this because bitcoin is down not just this time so I think everyone already knows the risk if they want Bitcoin trading everyone must understand

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[doomistake]

if we want to get the best we have to maintain bitcoin until it goes up again and we hold bitcoin until the price goes up again or normal again and I'm sure investors already know about this because bitcoin is down not just this time so I think everyone already knows the risk if they want Bitcoin trading everyone must understand

Basically that is the right thing to do rather than panicking out and sell the bitcoins we are hodling since the bearish market happened way back January 2018, we don't want to let our patient to be wasted just because of panic selling, we're used already in this kind of market so let's keep the bear do its thing and wait for the bull to come out on its fence, that way we could maximize the profits that we could make in the long run.

[qiman]

I think it is best to learn to leverage trade and then make more BTC with profits on the dips to accumulate more long term. Right now I am working full time so do not have the time to spend learning trading techniques etc, and I just relax on the forum and collect coins that way which I can use some of them to trade for Bitcoin, for the long term. It all depends on how aggressive you are and how much capital you also have to invest in these higher risk markets and currencies like Bitcoin. I just look at Bitcoin more of a long term investment, but not sure if I am now too late in this field now. I think now the time to get lucky with Bitcoin is over as the early birds ate all the worms. Now mainly traders and large wallets are benefiting because they can grow their wallets larger with just small price swings.

[CLS63]

If we still have Bitcoin, we need to be patient and don't need to do any panic selling. I see that there are so many people hastily selling all of his/her Bitcoin and this can be a reason for a fall in the price too. Also, I think this is the right time to buy Bitcoin.

[tranduc2101]

Bakkt is one of the recent events, it is expected to help the pump market, but the opposite has happened. The bear market has appeared and lasted for many days, causing investors to lose money. But I think this is an opportunity for all of us to buy bitcoin at a lower price. Do not create a fud because it will only make the market worse for the time being.

[Razick]

I think it is best to learn to leverage trade and then make more BTC with profits on the dips to accumulate more long term. Right now I am working full time so do not have the time to spend learning trading techniques etc, and I just relax on the forum and collect coins that way which I can use some of them to trade for Bitcoin, for the long term. It all depends on how aggressive you are and how much capital you also have to invest in these higher risk markets and currencies like Bitcoin. I just look at Bitcoin more of a long term investment, but not sure if I am now too late in this field now. I think now the time to get lucky with Bitcoin is over as the early birds ate all the worms. Now mainly traders and large wallets are benefiting because they can grow their wallets larger with just small price swings.

day trading is risky business bro. I don't know about that whole leveraging to accumulate small amounts of crypto at a time because playing the large market swings has worked out better for me and I think it's better overall more people would agree that it's easier making crypto this way then day trading.

[teosanru]

After the long time anticipation of most traders on the result of Bakkt's rally, unfortunately it was not positive, critical observations and analysis has revealed that bitcoin has broken below both the symmetrical triangle and the descending which has resulted in a declination below the 200day EMA now. This will automatically extend the bearish market.
What a painful condition. The big investors sponsored the failure by selling out the news. How else/how well can we manage this moment,to get the best.

Here is my analysis on the current scenario. I am not an expert but I can say the market emotion as of now is pretty bullish.  See the 4h chart. We have a set of lower low on the candlestick chart but we see a bullish divergence according to RSI which has shown a higher low in the over sold zone. This show market is gaining strength despite of price being lowered. Then is a simple MACD crossover on the 4 hour chart and that also on the negative side of the MACD. Histogram is going down and down. We also have found some support around these 7700-7800 levels as price was traded here a bit earlier. So all on all this is a bullish setup atleast on a 4h chart so we can expect a good next week coming up. However daily still doesn't shows any major sign of bullishness.

So To get the best out of this moment buy some BTC and hold for a week with a stop loss below 7600. We might have a ride to 9k again.

[peter0425]

After the long time anticipation of most traders on the result of Bakkt's rally, unfortunately it was not positive, critical observations and analysis has revealed that bitcoin has broken below both the symmetrical triangle and the descending which has resulted in a declination below the 200day EMA now. This will automatically extend the bearish market.
What a painful condition. The big investors sponsored the failure by selling out the news. How else/how well can we manage this moment,to get the best.

Well Christmas celebration is not everyday just like the prices of cryptocurrency also.

But everyday can enjoy the spirit of Christmas right?so why not just celebrate while the price of bitcoin is falling?on how?by buying another amount to add in our holdings?

In this way we can be assured of profits sooner while Bitcoin is news Halving .

[Coin-1]

Here is my analysis on the current scenario. I am not an expert but I can say the market emotion as of now is pretty bullish.  See the 4h chart. We have a set of lower low on the candlestick chart but we see a bullish divergence according to RSI which has shown a higher low in the over sold zone. This show market is gaining strength despite of price being lowered. Then is a simple MACD crossover on the 4 hour chart and that also on the negative side of the MACD. Histogram is going down and down. We also have found some support around these 7700-7800 levels as price was traded here a bit earlier. So all on all this is a bullish setup atleast on a 4h chart so we can expect a good next week coming up. However daily still doesn't shows any major sign of bullishness.

So To get the best out of this moment buy some BTC and hold for a week with a stop loss below 7600. We might have a ride to 9k again.

It sounds good, but I'm not sure that Bitcoin will rise to $9000 in the nearest future. As far as I understand your conclusions based on technical analysis, the relative strength indicator is currently saying that the market is oversold, but on the contrary, the trend following momentum indicator is showing that the market is bearish. I think that these statistics are correct, because Bitcoin dropped just a few days ago. Thus, these indicators will not contradict each other in several days. Anyways, traders like the cryptocurrency exchange market that has high volatility.

[micher143]

After the long time anticipation of most traders on the result of Bakkt's rally, unfortunately it was not positive, critical observations and analysis has revealed that bitcoin has broken below both the symmetrical triangle and the descending which has resulted in a declination below the 200day EMA now. This will automatically extend the bearish market.
What a painful condition. The big investors sponsored the failure by selling out the news. How else/how well can we manage this moment,to get the best.

Well Christmas celebration is not everyday just like the prices of cryptocurrency also.

But everyday can enjoy the spirit of Christmas right?so why not just celebrate while the price of bitcoin is falling?on how?by buying another amount to add in our holdings?

In this way we can be assured of profits sooner while Bitcoin is news Halving .

Bitcoin is for long term investment, just sell your bitcoin when you need it and obviously don't sell when the price is very low. Let's put in mind that the bitcoin is for long term investment, the price of it is keeps on pumping every year, I am sure before Christmas the price of it will be our new all time high.

[Lorna111]

In my perspective, I would choose to buy more bitcoins now because of it's low value. Who knows? In the next years it will rise again to the top. I may not have the profit right now, but it can always wait. Good things come with the hardest struggles including waiting for it's rise again.

[Astvile]

There are some cheap altcoins that has potential in the market why are you only focusing on bitcoin alone?Theres alot of opportunity at this time specialy when bitcoin price is dumped and the market for altcoins is getting awaken.Altcoins do offer big profit to you just need to be picky and buy the right one in order to get good profit.

[Wexnident]

After the long time anticipation of most traders on the result of Bakkt's rally, unfortunately it was not positive, critical observations and analysis has revealed that bitcoin has broken below both the symmetrical triangle and the descending which has resulted in a declination below the 200day EMA now. This will automatically extend the bearish market.
What a painful condition. The big investors sponsored the failure by selling out the news. How else/how well can we manage this moment,to get the best.

It's happened before and would surely happen more and more in the future. This is just a single situation of how bitcoin went down but that's nothing new. In any case, it's a good chance to buy btc while it's at it is low and hold and hold until the moment where you could reap profits gained from you, holding. Bakkt was overhyped and that's why many were scared about the future of BTC but it really didn't impact it that much. It's still the normal market and even if Bakkt did impact the market positively, it's still a gain. And since it didn't, rather than call it a setback, it's more like just another failed try.

Just keep holding and wait for it my dudes. That's how we get the best not only at this moment but for the future as well. 

[pieppiep]

Although Bakkt launch was not given a good sign for bitcoin price to increase, I am sure it will change how the people perspective about bitcoin. And if they think that bitcoin price deserves to increase, the price will be increased at the right time. Yeah, it's a pain to see the fallen of the bitcoin price, but we will have time to see bitcoin price start the rally like what we saw before. Bitcoin price now is not down deeper or up higher, and it seems, the price stable at a price now so we need to wait for until tomorrow and hopefully, the price will moves to the higher price soon.

[LUCKMCFLY]

I think we still cannot say if Bakkt caused the fall, although if that was the case, it could be taken as a success, the reason is simple, they lowered the price to buy, and the best way to buy is to buy cheap. Bakkt brings new investors with a lot of experience, many from Wall Street, which have a great knowledge in the markets, maybe in their plans is to try to be the new Strong Hands of Bitcoin and dethrone those who have always been, And that is achieved through shopping.

For now I think that the best thing to do is wait, to see how the market develops, because any analysis can be quickly invalidated if another fall occurs.

[timerland]

I wouldn't put any money into altcoins right now, unless you are very sure about them. Bitcoin dominance has been extremely high these past couple of days and we've seen a lot large companies start investing into it.

Look at the recent news, even countries like China (who have been extremely reluctant against cryptocurrencies) are starting to make their own and want to get back into the game.

Take this time to enjoy some cheap BTC, and hold for the future. That's definetly what I am doing.

[Ris88]

There are some cheap altcoins that has potential in the market why are you only focusing on bitcoin alone?Theres alot of opportunity at this time specialy when bitcoin price is dumped and the market for altcoins is getting awaken.Altcoins do offer big profit to you just need to be picky and buy the right one in order to get good profit.

I really agree with you, that there are so many Altcoins that have high value, if most people buy more bitcoin then in all markets it is not so balanced, actually if everyone can buy other than Bitcoin or Ethereum or other Altcoin it will raise the price value in all markets and it will be easier to get Bitcoin, rather than buying Bitcoin which is already quite expensive, it is just waiting for everyone's awareness to be able to balance prices in all major markets.

[randegibran]

Only two time some coin on the top price, first time after listing on exchange market maybe best moment to invest because could get much profit, second time you can buy when your coin have adoption working with great companies.

[fiulpro]

I think people were unsure about this , if the results will be positive or negative no one knows , therefore most of the investors cashed out and now they will slowly start investing in Bitcoins once they see now it's stable .
I think we will be able to see this in some time , it will for sure reach the 10k easily in sometime and more than that in the next year ..
We just need to wait .

[jostorres]

After the long time anticipation of most traders on the result of Bakkt's rally, unfortunately it was not positive, critical observations and analysis has revealed that bitcoin has broken below both the symmetrical triangle and the descending which has resulted in a declination below the 200day EMA now. This will automatically extend the bearish market.
What a painful condition. The big investors sponsored the failure by selling out the news. How else/how well can we manage this moment,to get the best.

I think that I could really see the whales contribution in the recent downfall of bitcoin, and probably they did so to create panic because of the released bakkt platform because they know that it is bull run catalyst in the making, so they just want to crashed the market in a bid to be able to buy at very low prices so that when the bakkt is fully operational.

It will only be people that are not wise that will fall for all these tactics of the whales and I have learnt not to panic, it is only when I panic that they get to win me. Now that they are accumulating, I think that we should also join them in accumulating also ahead of the full recovery of bitcoin right now, if we don’t panic along with those that will panic, then I think that we are safe.