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Author Topic: Best way to take advantage of any market situation  (Read 776 times)
Mighty_crypt (OP)
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May 12, 2020, 11:49:17 AM
 #1

Halving is finally over and many feels disappointed because they expected bullrun to kick instantly, well you can make gains from bear market too, here is my own advice, find way to be in between bull and bear by.

1. Hold part of your Bitcoin and
2. Buy Usdt with remaining half

So whatever the market situation turns out to be you will be there to take full advantage

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May 12, 2020, 11:53:18 AM
 #2

There are no disappointments to be honest. Anyone expecting a sudden bull run immediately after the halving has indeed not studied bitcoin growth chart over the past few months.

The moment we are is crucial, it is a 50/50 situation with inability to predict when the bull run will commence, it is best to continue be on the look out
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May 12, 2020, 12:24:32 PM
 #3

Halving is finally over and many feels disappointed because they expected bullrun to kick instantly, well you can make gains from bear market too, here is my own advice, find way to be in between bull and bear by.

1. Hold part of your Bitcoin and
2. Buy Usdt with remaining half

So whatever the market situation turns out to be you will be there to take full advantage

I just sold all of my coins and i have been converting all of my coins to the USDT. i have made 4x from my altcoins and 2x from bitcoins. I need another dump and i hope that will come again asap. Cheesy

It's too risky to hold crypto at this moment because crypto has already started to enter the stressful market.

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May 12, 2020, 12:45:43 PM
 #4

I think the advice you have given has actually been a long time since someone implemented it. It has become a common thing when the price of Bitcoin goes down, people will hold it and even buy it again when the price is already rising it will sell it to get a profit.
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May 12, 2020, 12:49:36 PM
 #5

Crypto market is unpredictable, a pro trader told me an hour or two ago that Bitcoin will drop back to 7600$ and I quickly change some to USDT but price start recovering again, I'm at loss for now since I've converted to stable coin already, I will wait for price fall again
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May 12, 2020, 01:00:21 PM
 #6

You are not going to have a good profit from such a case of course. It can never be a good portfolio from an investor point of view. I would either hold on BTC or convert all of them to USDT.

Halving is finally over and many feels disappointed because they expected bullrun to kick instantly
It never will kick instantly but sooner or later due to the gap in enough supply of ETH, there will be sudden increase in BTC price.
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May 12, 2020, 01:16:17 PM
 #7

Halving is finally over and many feels disappointed because they expected bullrun to kick instantly, well you can make gains from bear market too, here is my own advice, find way to be in between bull and bear by.

1. Hold part of your Bitcoin and
2. Buy Usdt with remaining half

So whatever the market situation turns out to be you will be there to take full advantage

Those who expect that market will kick immediately, have not done research on the market after the halving, it will take 5 months or even more before we can feel a huge pump, in fact, there is an indication that it will still go down, but it's better to wait and see what's going to happen, but eventually, things will be better than the last halving.
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May 12, 2020, 01:41:39 PM
 #8

This is a fine suggestion and rather safe than betting on margin trading that can make your fund liquidated. Many accounts suffered from it during the halving date and time expecting that the market will have a long order but its a volatile movement until the halving arrived.

I really thought too that it will kick off but looks like some miner are started to quit and selling their bitcoin while the price is good. I understand some of them cause the block reward might not be profitable anymore. But seeing some pools that still active only few give up.

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May 12, 2020, 01:48:29 PM
 #9

It seems BTC miners aren't ready to quit yet even now that the mining rewards have reduced marginally, only very few miners went offline but things will make a comeback with revenge after miners start buying new asic miners soon, I really like OPs idea, wherever the market headed profits are waiting to be taken, it's less risky and very cool 👍
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May 12, 2020, 01:54:51 PM
 #10

Someone also said that when conditions like us have to be able to last longer or safer to hold in USDT because when prices recover, we can be able to buy with short profits.

.
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May 12, 2020, 02:00:17 PM
 #11

Halving is finally over and many feels disappointed because they expected bullrun to kick instantly, well you can make gains from bear market too, here is my own advice, find way to be in between bull and bear by.

1. Hold part of your Bitcoin and
2. Buy Usdt with remaining half

So whatever the market situation turns out to be you will be there to take full advantage

The bull run should take place after a few months just like what we have witness in the past. Besides, we are in the middle of pandemic nowadays that will require us to be vigilant in how we spend our money. maybe after this pandemic will be done we ill see some active movement in the price that will lead it to a spike in the market. Just don't sell your bitcoin today because you wouldn't know if the timing hasn't been started yet. There will come a time for the price to rise again in few months after today.

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May 12, 2020, 02:21:07 PM
 #12

Halving is finally over and many feels disappointed because they expected bullrun to kick instantly,

There is never an instant bullrun after halving, it always happens down before the bullrun occurs, and I have anticipated that.

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May 12, 2020, 02:25:02 PM
 #13

Instantly? does people who did expected something like that are out of their minds. Bitcoin isn't a ponzi scheme that will keep on pushing its prices quickly.
Buying USDT depends on your strategy. Day traders can use USDT that much so that they can save and trade safely the way they want it. Saving the profit and retain the value of bitcoin that they hold.

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May 12, 2020, 02:29:17 PM
 #14

What situation?
I think this is for the best.
Besides, there is no history that bitcoin pumped after a halving event.

It takes a year or two before we could it will appreciate.
Why not just buy for now? What if this is the lowest we could get? That will be more regretful right?

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May 12, 2020, 02:56:01 PM
 #15

Disappointment only belongs to people who are too passionate, they do things without thinking about the risks that will occur. Taking the opportunity in narrowness is an extraordinary act, and only those who have a merchant soul benefit when the bull begins. The market situation can never be used as an excuse, but taking the advantage of the situation will make them get an extraordinary benefits ..

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May 12, 2020, 02:58:47 PM
 #16

There are two reasons why I think Bitcoin will still drop in value
 
1. We are still in the pandemic period, halving hype is down already and price drop will surely happen
2. All asic miners aren't on par with Bitcoin network anymore, meaning that reward is now lower than before, new better asic miners will only come into the market after few weeks like July or August
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May 12, 2020, 03:48:23 PM
 #17


 There was a lot of new equipment that started selling on march, but right at that time the borders got closed, however that doesn't mean that the people who manufacture those machines, are not using those machines, yes there could be less machines in the world right now in the hands of many people, but that means there are more machines at the hands of few people. Which I think wouldn't really change much considering we are getting the same equipment as users as we normally would, just not from many different places, only a few places.

 Plus pandemic period or not, bitcoin increased and thats important, I don't care how terrible the economy gets, this is where people run to, not run from, which means world economy could collapse like 2008, we are going to be here doing our thing.

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May 12, 2020, 03:54:29 PM
 #18

It's surprising to think most people expected the bullish trend to kick off immediately after halving. Truth is, it will take some time for this to happen but it will definitely happen. Halving has just made the demand of Bitcoin against supply to increase which means naturally, there is going to be an increase in price. All that is needed is patience. Keep buying Bitcoin and other good coins at the dip and hold for when the bullish trend begins. It happened in 2016/2017 and it's going to come around again.
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May 12, 2020, 03:59:47 PM
 #19

I do not think that people are disappointed because btc was dumped to below 4k mark coupel of months ago due to corona fear and we are already more than 100 percent up, regarding hakving and bull run i think mature people who support this tech knows the price will grow massively over the long run so there is no hurry, patience will definitely pay off.

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May 12, 2020, 04:11:40 PM
 #20

There is plenty of opportunity in the future where btc can touch new ath hopefully, there is no need to feel regrets because it doesn't represent the end of btc, this market behaviour,  sometimes it goes up and other times it goes down, btc has been up before the halving even if it didn't go up again after halving is not a big deal.
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