an important reminder: don't get killed in this bull run and protect yourself.

[nicecrypto]

I have lots of stuff to do IRL for a few days and BTC goes past $10k.. wow

This could be a price increase post-halving and if it is, it might be sustainable. I wouldn't make any moves (maybe only buy) right now, any bull/bear run is risky no matter what move you make. Most moves I've made during them went wrong.

Personal opinion to whoever wants to accumulate: unless you're a professional trader, buy a bit of BTC every day or week and you'll have an average of whatever price is coming up. After you have invested enough, hodl. If you wait right now, it's literally a coin-tossing chance whether it soars or dips.

Isn't it the second time btc cross 10k post halving? I read an article where the founder of Bollinger band predict an upcoming increase in btc, the rise was already expected only the question now is will it sustain, but I think it will go back down again, it was a nice little pump, even eth was not left behind, I also think accumulating in every dip is the best way to get prepared for the upcoming btc bull.

[pawanjain]

Well that's quite true. It's a great advice for beginners and panic sellers to hold on to their bitcoins.
What most of these guys do is sell their bitcoin as soon as they it going down.
While some lucky people buy it back at the right time, some are left with huge losses.

When bitcoin went from $19.5k to $3k most of the people said it's gonna break down to zero but only the bitcoin believers held on to it because they knew that bitcoin will bounce back. Bitcoin has recovered greatly in the past 2 years. This shows how worthy it is to hold.

[ReiMomo]

It might appear as a bull run but for me, I still can't consider as one because nowadays where the economy has started to rise again, businesses open up and people are going back to work now, then I think it has something to do with the uptrend that we can see on the stock market because people started to earn and invest again.

I must agree on your reminders because changes happen and we all know that it is sudden, anytime it might go down again which we all hope not. In the meantime I will just sit back, relax, and watch the changes on the graph before I start trading if I think it is already in favor of me.

I know after this there is what they called "correction of the price", that usually happy if there is a sudden pump up of price.

[serjent05]

Volume is still really low, and the close is not really perfect either. I'd swap my coins for stable coins for a while, at least until we get a clear single candle breaking the trend line.

A part of me believes that this is a fake-out but of course, I'd be more than happy if I'm wrong.

Some analyst from trading view  thinks that this is just a fake out, though I hope it was not.  Care to see his analysis titled: XBTUSD 8h: FAKE triangle breakout, then DUMP(NEW)


Source: https://www.tradingview.com/chart/XBTUSD/EZX2Toxr-XBTUSD-8h-FAKE-triangle-breakout-then-DUMP-NEW/

So better to be more vigilant and set up stop loss so if ever this happens at least the loss will be minimal.

[madhavsinghrajput]

I think this implies to all the market in the world be it Fiat market,crypto or any other global market.The markets are volatile and sectors are uncertain. Any news or information from unknown sources must be avoided and one thing which I believe is everyone who are investing must have a stoploss and stopprofit in their mind.As due to this pandemic situation there are ample of opportunity for the investors and very less scope for mistake.

[sukbir]

So, I think the main advice here would be: Buy only with money you can live without for 4 years, and you'll be okay, most likely.

I agree with your suggestion mate.

[Findingnemo]

Sadly in no matter of time the prices went down nearly $700 and now again sitting at the $9500 region.I stopped checking the price, I didn't even notice the price hit 10K util it drops down.

[Stedsm]

Nobody's gonna get killed but yeah, it's true that for every winning trader, there remains a lot of losing traders as well. I don't follow anybody on Twitter anymore and would advice all of you not to follow any advice you get on Twitter, just take it as an information and move on. I said it because I've lost enough in my old days when I started following some crypto related accounts and they were all just making money on us and nothing. I think that after the dump, BTC is back again under that resistance level and will remain stable for few more days.

[fullhdpixel]

I don't know why people usually get so excited about this, knowing that the price can fall back at any time. And that's what just happened. I checked my Blockchain wallet last night and I saw the price moved to $10,000. I took it as a normal thing because I knew that anything could happen.

I am not really fond of checking the price of Bitcoin all the time, I just invest and leave the money there to grow no matter how long it takes. I know there will be a bull run, but I don't know when it's going to be. That's why I invested earlier and I am holding my coins till now.

[dunfida]

I don't know why people usually get so excited about this, knowing that the price can fall back at any time. And that's what just happened. I checked my Blockchain wallet last night and I saw the price moved to $10,000. I took it as a normal thing because I knew that anything could happen.

I am not really fond of checking the price of Bitcoin all the time, I just invest and leave the money there to grow no matter how long it takes. I know there will be a bull run, but I don't know when it's going to be. That's why I invested earlier and I am holding my coins till now.

As a holder then you will surely have that impression and things in mind but for those people who do invest or trade on seeking up for short term profits then these kind of movements does really matter much thats why you cant really blame out most people to react when movements like these do happen.For those people who believe when the price is tanking between 9200-9500
and secure out their position then they definitely made up some bucks on that sudden price rise.Profitability will always depend on someones capability on how to take action on
possible situation that might happen in crypto market.

[Kelvinid]

It is so great to see that we are moving back beyond $10k but it gives me a big surprise when seeing it back the market price turns down below $10k again ($9.5k at this moment). I was really thinking that this is a start for the most awaited moment but somehow I'd become disappointed as the trend drops again. The market is totally emphasizing that we can predict the market and felt that manipulation still around us and not even knowing when it strikes us.

But I'm still positive to see it back in the rally again. Since we reach back to $10k, I believe it was pretty easy to hit it back after this dump.

[coupable]

I think this implies to all the market in the world be it Fiat market,crypto or any other global market.The markets are volatile and sectors are uncertain. Any news or information from unknown sources must be avoided and one thing which I believe is everyone who are investing must have a stoploss and stopprofit in their mind.

That's right. But it becomes more risky when dealing with cryptos in general and bitcoin in specific (btc price for alts is like dollar price of any item) and this is why this kind of rising flags about not to invest blindly is good. We faced this boom back in 2017 and i remember how many investors lost a great part of their investments just after the btc dropped below 20.000.
I would advice anybody to not use your necessary money to invest in such a big volatile thing like btc and not invest more than you can lose. Like Gambling

[Shasha80]

I agree with the bitcoin movement that looks good, this is a sign we will soon enter the next bitcoin bull market. Although that means positive,
but we all must remain cautious, because investing in bitcoin is still very risky. Always use capital that does not matter if lost and also do regular
analysis, so if a sudden bitcoin movement change we can anticipate immediately.

[pixie85]

It looks like the same manipulators who bought Bitcoin yesterday sold them today.

There was no real rally just some big fish buying in hope of starting a bull run but not enough people jumped on the train so he sold and we're back where we used to be.

I don't agree with predictions that we're going down to 8000 because predictions like that have more common with fortune telling than real analysis.

[Natalim]

If this is a bull run, I know I can do better this time, I've here during the last bull run and I have learned a lot.
This bull run would not only make us profitable on our bitcoin investment, but it would also help us to recover on our loses in altcoins if it will result to an altcoin season. But as we can see, bitcoin dump after it hit $10K, so are we set for a bounce back?

[serjent05]

It looks like the same manipulators who bought Bitcoin yesterday sold them today.

There was no real rally just some big fish buying in hope of starting a bull run but not enough people jumped on the train so he sold and we're back where we used to be.

I don't agree with predictions that we're going down to 8000 because predictions like that have more common with fortune telling than real analysis.

Well the fake out is real, so who knows, I think the analysis can be changed anytime.  It all depends on the current movement of the market.  Analysis especially in the exchange market is not a fixed thing and subject to change.  That is why there is a daily reading of the market movement.

Anyway, I hope people have set up their stop loss, an 8% price drops is normal in this industry but it hurts when you are caught by it.

[Rulelies]

A very quick reminder, Please Invest what you can lose and you won’t commit suicide because i’m still in loss of btc from the last bull run. Do not be surprised if it falls again to as low as 4k

[SARA ISLAM]

The BTC USD pair could not break the daily chart trend line and stabilize at the top, so apparently, we are not yet fully bullish. Now I think it is better to wait until the price exceeds 10500 as the horizontal line indicates the resistance label around 10490.

[buwaytress]

I actually thought, for a good 30 mins, seeing the thread's titles on a few Twitter accounts (or similar vein of be careful and protect yourself and don't get greedy) that we're definitely not looking back. And then 30 minutes later was looking at everything drop to where we are.

Not saying the bull run's not here. Just saying we could still have a few more dips and scares before the point of no return.

[batang_bitcoin]

Thanks for those reminders and I just want to add that sell if it's necessary and you are in profit. Don't be too greedy and it's ok to get a portion of profit

This is good for those who are in Long term Holding or what we called those HODL because they are willing
to wait even how long it takes until the value of
Bitcoin reached their target value.because aside from selling in high there is always a profit in waiting for long,
and also about that greedy attitude that made
 us mostly a loser for same reason why many investors and traders fails even gamblers fails in this manner
.Looking for so much winnings and profit and
 in the end?you cannot leave the table until you lose everything that supposed to be a good win if
 you have no greed manner.

That's for everyone. You don't look to the movements after you have sold. You have no regrets if you have sold so that's a diligent way of deciding correctly. The term "profit is profit" is what you must apply because when greed catches you, you'll never realize that you have made it yet you're still unthankful and ungrateful that you have made that much. Contentment is the description of that and if you feel regret that you have sold early, you can always catch the dip and buy it.