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Author Topic: Currently i am quit from market and come in 2024  (Read 779 times)
udayantha11 (OP)
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2023 would most likely be as bearish as 2022


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February 26, 2021, 03:46:09 PM
 #1

Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..

now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
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February 26, 2021, 03:52:17 PM
 #2


My plan is waiting for the big bearish trend and i can enter to the market again but i expect the bottom floor will be even higher than the previous rate consider crypto has been breaking a lot of record dude.
The bitcoin is not yet confirmed to get the bearish trend now and im thinking waiting for that to happen. Investing small amount of money into the legit icos and then i'll try to use my reserved funds from the profit that already taken to buy back it again.

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February 26, 2021, 03:55:50 PM
 #3

This bull season isn't in my favour at all and of cos most of my money came from bear market season, this only thing I did this bull season is build mining rigs and make some money which was quit good for me, I don't a quitting season because you can make money in any season either bear or bull

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February 26, 2021, 04:01:13 PM
 #4

I know someone who has put some money into BTC unknowingly has multiplied his initial investment to x10 after four years. What happened is that he forgot the username and password of the account that he has and kept his assets in BTC. So it was around 2017, and he then recently opened the store, and what do you know, it multiplied by 10. Maybe if he had input a larger amount, he would've been a super winner for that, but he made some money on it.

The key to this, IMO, is that he didn't need the amount he had in store for that. That's why it's okay to set and forget it. It's pretty basic, but if you invest a big amount, you would check it regularly, but you will never know what could happen in the future if you just forget it.

Are you saying that you are going to invest 10000 USD for a coin and just check it after a few years?

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February 26, 2021, 04:02:56 PM
 #5

Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..

now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?

Tell that to institutional investors that adding Billion Dollar money to there holdings whenever there is a price dip. They will not let the crypto market collapse since they are already heavily invested on it. Most of famous and innovative person in the world are already into crypto. I hope that you didn't miss the real bull run on your 3 years vacation on trading crypto.

Taking profit is never be a bad decision.

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February 26, 2021, 04:46:24 PM
 #6


now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?

It is my view likewise. A wise trader takes out profit now as the volatility starts to reduce.

Waiting till  2024 is a long time if you are not a crypto investors except you do it on temporal. But keeping an investment now on low priced altcoins now will double your $10000 capital instead of exiting till 2024.

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February 26, 2021, 04:54:32 PM
 #7

Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..

now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?

You should come back in 2022 and 2023 with piles of money to buy bottom and then sell on next bull market of 2025.  Trust me it will very hard to buy at bear market. Same as it was in 2015 and 2019. Extremely hard since everyone is so bearish and all normies look at you like a ponzi scheme guy when you mention crypto.
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February 26, 2021, 04:55:27 PM
 #8

Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..

now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?

It all depends on you but i think it would be difficult not to dive back into cryptos for the next 3 years. I will be incapable of it Smiley

Your idea is not however stupid and i sometimes say it to myself: during the last 365 days, if i had not done anything (cut with crypto) then my capital would have grown much more than it did (since I have sold some assets that have experienced crazy progressions).

However, this has been an exceptional year and ... it may not be over  Wink

Whatever your choice, good luck !

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February 26, 2021, 05:10:35 PM
 #9


My plan is waiting for the big bearish trend and i can enter to the market again but i expect the bottom floor will be even higher than the previous rate consider crypto has been breaking a lot of record dude.
The bitcoin is not yet confirmed to get the bearish trend now and im thinking waiting for that to happen. Investing small amount of money into the legit icos and then i'll try to use my reserved funds from the profit that already taken to buy back it again.
Obviously, Your expectation is possible on upcoming days so we make good return on future. But small scale trading is not good on recent days because If we enter the market, transaction fees is little high to transfer our desire money. So better those are have fund in BTC they will change to USDT and actively monitor the market and trade our convenient coin. Every year market is moving forward so we expect good growth on crypto environment.
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February 26, 2021, 05:24:17 PM
 #10


My plan is waiting for the big bearish trend and i can enter to the market again but i expect the bottom floor will be even higher than the previous rate consider crypto has been breaking a lot of record dude.
The bitcoin is not yet confirmed to get the bearish trend now and im thinking waiting for that to happen. Investing small amount of money into the legit icos and then i'll try to use my reserved funds from the profit that already taken to buy back it again.
Obviously, Your expectation is possible on upcoming days so we make good return on future. But small scale trading is not good on recent days because If we enter the market, transaction fees is little high to transfer our desire money. So better those are have fund in BTC they will change to USDT and actively monitor the market and trade our convenient coin. Every year market is moving forward so we expect good growth on crypto environment.

The bear market could take more than just a year so there is plenty of time to chose which price to actually decide when to buy. It takes a bit of TA to secure gain when that happens. But right now there is more to think about yet other than the bearish market to come. There is likely more institutions around the world that will come yet and this correct is just giving them chance.

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February 26, 2021, 05:32:26 PM
 #11

This bull season isn't in my favour at all and of cos most of my money came from bear market season, this only thing I did this bull season is build mining rigs and make some money which was quit good for me, I don't a quitting season because you can make money in any season either bear or bull

so if you enter during bear market season, you will automatically always be the one actively monitoring market growth and movement. it's just that when it is a bearish continuously, are you currently very confident mentally, to be honest because i experienced it, but not too big. yes when I have Ethereum at a pretty high price. but regardless of the current bear season the trust will come back and give me an advantage. You have to be prepared to hold on long enough.

you are not alone Wink

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February 26, 2021, 05:42:51 PM
 #12

I believe you are one of those seasoned trader who are currently taking a portion of the profit from your trading or investment in crypto. I don't think what you think is anything wrong, because I know securing profit is a good way to do it when the market is down.

The problem is we never even know whether the market will continue to collapse or if this is just a correction to go up more than the previous ATH. If what you think is true, then you are the lucky one for it. But if it's wrong, then you will feel disappointed because the price continues to go up.

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February 26, 2021, 06:43:31 PM
 #13

Exiting the Market now and waiting to 2024 before you come in back? Lol, really, am not sure you are serious, are you? Cus I believe that if truly you are exiting crypto, I don't see any reason letting anyone here know, so it's still more like you are actually thinking of doing, you haven't done it yet.... Well, for me and those like me, we are here be it bear or bull, I personally will always be here cus am sure that even in bear, some people still make money.

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February 26, 2021, 06:53:56 PM
 #14

I will still be in the crypto world even though the bear market has arrived no one knows to what extent a bear market will last but I still believe this is a condition of correction and the bear market will disappear in the near future so the bull run came back

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February 26, 2021, 07:01:37 PM
 #15

If you can't stand the variance, it's not such a wrong decision. Different people have different risk tolerance.

I did something similar in 2018. But now I'm here to stay.

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February 26, 2021, 07:08:35 PM
 #16

~
Well you might be off to a bit of wait before you do more in investing.
3 years is a bit of a long-time for me, OP. You could miss out a bit in the market. I had the same exit experience as you in day trading but I still kept my eye on the prices, but since I have my own money in my pocket. I can still manage to decide if I should buy now.
In my experiences right now from hodling, I am not exiting.
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February 26, 2021, 07:24:37 PM
 #17

Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..

now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?

Are you joking, this is the best time in the life time of Crypto to be in the market, why do you prefer to be poor, the recent dump is a normal correction fro people that are into Crypto for some time and they know it is just a shake out, if you want to be rich into this space, you need to be willing to lose it all, remember those that lose their life will gain it, it is applicable in crypto, it is a seed that will grow into a forest of trees

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February 26, 2021, 07:31:50 PM
 #18

Do you guys think that this is a wise move or decision right now? Because I am thinking the same think also. I am planning to withdraw some of my holdings which still have a good price value and not wait for it to increase rather than losing some profit because of market declining. Help me to decide.

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ahoenk
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February 26, 2021, 08:14:34 PM
 #19

Why quit in the middle of market bullish, uts time to make money and buy more bitcoin with it, try to search another new project like XLS Labs, buy it and then you hold it untill 2024 it will gives you big gain
k@suy
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February 26, 2021, 09:12:50 PM
 #20

Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..

now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?
Bull market is not gone! what we are currently experiencing is a market correction only, alt season is not yet done, you need to be patient in order for you to have gains and more profit, do some research and you will know that this thing is normal, price dumps are normal in any market because we need corrections, some take this opportunity to accumulate more and more while small people like us likely to panic sell because we thought that it is bear market again.
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