Domination of Longs

[Kelvinid]

Yesterday wiped out a lot of long positions. As a trader one really loves all this volatility, and it's all across the board. A good trader could have easily 2 or 3 X'd their money in the last couple of weeks.

They are very lucky to have the right timing but for those who sell their bitcoin earlier, they might be in regrets.

But anyway, crypto life never gives assurance in regards to market profit, x2, x3 with their capital, that was really amazing. But people who can afford to hold Bitcoin longer the more chances to have.

The price trend keeps moving high slowly, some people seeing this a road to Bullrun but I'd never think it easily nor I bought that confidence because it is not really enough. I would like to wait more days and sees how the resistance level growing up, then that's the time I'll be in the bullish by then.

[1714483816]

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[1714483816]

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[1714483816]

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[Wind_FURY]

Yesterday wiped out a lot of long positions. As a trader one really loves all this volatility, and it's all across the board. A good trader could have easily 2 or 3 X'd their money in the last couple of weeks.

They are very lucky to have the right timing but for those who sell their bitcoin earlier, they might be in regrets.

But anyway, crypto life never gives assurance in regards to market profit, x2, x3 with their capital, that was really amazing. But people who can afford to hold Bitcoin longer the more chances to have.

The price trend keeps moving high slowly, some people seeing this a road to Bullrun but I'd never think it easily nor I bought that confidence because it is not really enough. I would like to wait more days and sees how the resistance level growing up, then that's the time I'll be in the bullish by then.

Be careful being happy with x2, x3 market profit, and risking some capital on the way. You might miss the real move to a 6-digit Bitcoin price. 90% of active traders lose to the 10% winners. That's a fact.

[imstillthebest]

Yesterday wiped out a lot of long positions. As a trader one really loves all this volatility, and it's all across the board. A good trader could have easily 2 or 3 X'd their money in the last couple of weeks.

They are very lucky to have the right timing but for those who sell their bitcoin earlier, they might be in regrets.

But anyway, crypto life never gives assurance in regards to market profit, x2, x3 with their capital, that was really amazing. But people who can afford to hold Bitcoin longer the more chances to have.

The price trend keeps moving high slowly, some people seeing this a road to Bullrun but I'd never think it easily nor I bought that confidence because it is not really enough. I would like to wait more days and sees how the resistance level growing up, then that's the time I'll be in the bullish by then.

Be careful being happy with x2, x3 market profit, and risking some capital on the way. You might miss the real move to a 6-digit Bitcoin price. 90% of active traders lose to the 10% winners. That's a fact.

this is simillar to gambling  when playing on low payout  . you can only get small return for such a risk but if you play on high payout you can always earn more  . i only dont understand why the op wants a correction now that we are on the right direction  . i want to see more highs and not lows  , and why he want to disrupt the oppurtunity for new entrants   .   thats not right , new investors do also contribute here and they are the reason why price rise   .they have the right to earn too

[Yamifoud]

But yet, it didn't give me faith to see the market being in a bullish at this time. I don't want to create FOMO but just like to warn people especially for newcomers to be wise in choosing coins to be invested because I'm afraid that this could give them losses as they can fall into the trap.

But of course, we ought to have the risk and taking part in it, and we know the consequence also. One thing we need to remember is that, the market is volatile and therefore, we can't expect that the market will keep at low longer nor it keep rising. 

[deisik]

But yet, it didn't give me faith to see the market being in a bullish at this time. I don't want to create FOMO but just like to warn people especially for newcomers to be wise in choosing coins to be invested because I'm afraid that this could give them losses as they can fall into the trap

With these coins it doesn't matter whether the market is bullish or bearish

Newcomers are set to fail just for the fact they are newcomers. Their only chance to reap profits with such coins is through luck alone. More generally, you can't actually ask them to be wise as the process which makes one wise is essentially the same process which turns one from a newcomer into a seasoned and experienced trader

[fullhdpixel]

This is good news for Bitcoin but this is not 100% accurate, bears still can takeover. And that percantage may manipulated by such an exchanges.
As what I remember before when we dump around below $5,000, the percentage of long is still high before but the price of Bitcoin continue to dump, so if you are do trading, don't totally really rely on this kind of platform.

The date provided by the exchanges is accurate and probably not manipulated but I wouldn’t place too much reliance on that as crypto market is highly volatile and the whales might enter anytime to interfere with all the data and predictions being made. The market can be highly manipulated so nothing can be said for sure.

As expected shorts started dominating after the price hits 12k$ and then one might expect the correction to bring down the price to $10k$ before the longs dominate again and we begin to see steady growth in the total market cap and trading volume.

[Wind_FURY]

Yesterday wiped out a lot of long positions. As a trader one really loves all this volatility, and it's all across the board. A good trader could have easily 2 or 3 X'd their money in the last couple of weeks.

They are very lucky to have the right timing but for those who sell their bitcoin earlier, they might be in regrets.

But anyway, crypto life never gives assurance in regards to market profit, x2, x3 with their capital, that was really amazing. But people who can afford to hold Bitcoin longer the more chances to have.

The price trend keeps moving high slowly, some people seeing this a road to Bullrun but I'd never think it easily nor I bought that confidence because it is not really enough. I would like to wait more days and sees how the resistance level growing up, then that's the time I'll be in the bullish by then.

Be careful being happy with x2, x3 market profit, and risking some capital on the way. You might miss the real move to a 6-digit Bitcoin price. 90% of active traders lose to the 10% winners. That's a fact.

this is simillar to gambling  when playing on low payout  . you can only get small return for such a risk but if you play on high payout you can always earn more  . i only dont understand why the op wants a correction now that we are on the right direction  . i want to see more highs and not lows  , and why he want to disrupt the oppurtunity for new entrants   .   thats not right , new investors do also contribute here and they are the reason why price rise   .they have the right to earn too

I believe in dice a high payout has more risk. In Bitcoin, many people believe that the lowest time preference, moon-payout is the highest risk, but it's actually the lowest risk because of Bitcoin's macro-economics. Many people won't accept it.