Avoid been carried away, it's never going to be bullish forever

[Asuspawer09]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

Probably September maybe, but it could always turn out to be different and we can't really predict how the market move now it could be the same or may be different from how the market moves before.

I mean it's the danger I guess when investing in cryptocurrency since we used to see our investment profiting from maybe 2x up to 10x in just a short amount of time like maybe a DOGE coin or some other bullish coin.

Obviously, that's not gonna happened for even, you cant expect a coin to pump and increase its price until it reaches the moon, were surely gonna get a big drop so take profit if you can.

[mirakal]

I'm not taking it, there's no such thing as "bullish forever". Bitcoin is in a cycle, it will be in a bullish and bearish period, that's why timing is very important when it comes to investing particularly on short-term investment, you will have to judge what is happening in the present to predict well in the future.

Now, bitcoin is down by a significant amount, we can't call that bullish and we can't guarantee its future is bullish.

[odukoyaewatomi27]

This is a very good advice, always take profit from your positions. The cryptocurrency market is already in an over bought position and it is not advisable to keep investing your money in the market now, because the bullish trend is getting exhausted and the bears can get in at anytime.

[bhadz]

This is a very good advice, always take profit from your positions.

It is important to take profits while you're in the good position and just as what we're experiencing, times like this do really come and if you're too greedy and thinks that the market will go bullish forever, you're going to miss the profit taking opportunity and eventually will learn the lesson. Just as the past bull runs and bear markets, we've learned the lesson and missed a lot of those profit taking opportunities because greed had hit us.

[Maslate]

It'll never be bullish forever, but this bull season is unlike any other; any decline is a chance to buy more and there will still be demand for crypto now; be wise and take advantage; the bull season isn't over just because the market is already retracing;

Yes, in general the bulls will not happen forever, but for now it is very appropriate to make some purchases because in general the bullish season is still not over, although it could end at the end of the year.

I hope you we're right but don't ignore the market that has already started to decline. Buying at this time is a huge risk, better to check it now.

I suppose to think that Bullrun has to come to an end, I believe that everyone is enjoying the hypes already.

[tarable]

This is a very good advice, always take profit from your positions. The cryptocurrency market is already in an over bought position and it is not advisable to keep investing your money in the market now, because the bullish trend is getting exhausted and the bears can get in at anytime.

Yes, but for now there is still a little chance for those who still don't feel that much profit when the bull market starts, because before the bear season really comes, I think it doesn't hurt to take advantage of the remaining time like now.

[asriloni]

the bull season isn't over just because the market is already retracing;

I don't think so, I think that it will better if we take a look at the fundamental of crypto. Remember that dude if the technical analysis will not work at this moment.
it looks like we are starting to face the bearish trend again at this moment. it looks like all of crypto will be facing the bearish trend again. I guess tesla is starting to dump its bitcoin and I hope that will be going so well.
none knows about how long the bullish trend will be in this market. There are lots of dramas happening

[lienfaye]

This is a very good advice, always take profit from your positions. The cryptocurrency market is already in an over bought position and it is not advisable to keep investing your money in the market now, because the bullish trend is getting exhausted and the bears can get in at anytime.

Sometimes investors are refraining themselves to take profit because they want to gain more. Greed is often the reason thats why we ignore the advice of others to take profit already. Then if we experience a correction, you'll regret not selling. It happened to me many times and gave me a realization to have a plan of what I want to achieve. Its fine to hold but dont forget to take profit because its so important.

Anyway its never too late, the correction is not a bad thing just deal with it positively. Fill your bags now so if another bullish season occur you know what to do to have no regrets.

[wayaneka]

Yes the purpose of trading or invest in cryptocurrency market is make profit, and i think many trader already made huge profit in this bullish season. So withdraw some profit in to fiat and use it to buy other asset that has lower risk is very important because very hard to predict when the bullish season in crypto market will ended and the market turn in to bearish. Avoid greedy and always learn more about the risk of high volatility of cryptocurrency, we have seen in bearish market in 2018 and 2019, almost all crypto dumped above 90%.

[chanler]

of course the price of crypto will go up and down because the price is fluctuating and I think this has happened several times and in the end the price will also go up again even though sometimes sooner or longer. do not rush to take decisions when we are panicking because it will be fatal and can get big losses. we have to learn patience and don't be selfish because if we manage our assets well it will be profitable too

[Midy]

Now everything that goes up will definitely go down, as well as the conditions of the cryptocurrency market, currently the price of each coin is very high and it is feared that the price will fall at any time, many investors and traders are disappointed about the decline in the crypto market in 2017, and it looks like it happened again this year

[ecnalubma]

Its not always Christmas in crypto so its better to manage the risk carefully. Just like what happened these days, the market looks very stressful right now due to massive sell-offs but others might consider this as a big opportunity because even if the bear strikes there’s still money to make.

[Woodie]

That's one truth (maybe weakness) we usually over look when it comes to crypto.

Everyone wants the market to be bullish and forget to take profits all in the name of being a hodler, markets are always dynamic and won't always go our way, we should have targets and also flexible to get out of the markets should price go south.

Let's also remember we can make some money if we short the market, in short markets will reward both buyers and sellers so know read between the lines and choose your role.

[fadil46]

Now everything that goes up will definitely go down, as well as the conditions of the cryptocurrency market, currently the price of each coin is very high and it is feared that the price will fall at any time, many investors and traders are disappointed about the decline in the crypto market in 2017, and it looks like it happened again this year

Now the decline in all coin prices has occurred and in the past, the worst decline was in 2018, not in 2017, because 2017 was the beginning of the bull run, and it was almost the same as what happened at the beginning of this year.

[DarkDays]

I'm not taking it, there's no such thing as "bullish forever". Bitcoin is in a cycle, it will be in a bullish and bearish period, that's why timing is very important when it comes to investing particularly on short-term investment, you will have to judge what is happening in the present to predict well in the future.

Yes, like many other markets including the stock market there's always a cycle. We had a good rally of crypto and we now are going through one of the cycle least wanted phases.

Let's not forget that this could be even longer and harsher but as long as we can learn now we'll be better prepared next time.

[harapan]

I wish they read this before the blood bath today, the fact is it's never going to be bullish forever, we just have to take profit and move on at some point, I think today's bloodbath would teach so many noobs a lesson that the crypto market is very volatile and will not always go up forever, earlier this morning so many people got rekt and liquidated, it's important to always take profit and not be too greedy, greediness will only get you rekt.

[bhadz]

I wish they read this before the blood bath today, the fact is it's never going to be bullish forever, we just have to take profit and move on at some point, I think today's bloodbath would teach so many noobs a lesson that the crypto market is very volatile and will not always go up forever, earlier this morning so many people got rekt and liquidated, it's important to always take profit and not be too greedy, greediness will only get you rekt.

Just feeling sorry if they don't because they all got hyped up and didn't think that there's always the end of the bull market. Well, let's just foresee and hope when will be the next bull market and that would be the time that it's going to hit $100k soon.
Those who have taken profit were already in profit and it's easy to absorb this huge dip because they have the means to buy the dip.

[SquallLeonhart]

Its not always Christmas in crypto so its better to manage the risk carefully. Just like what happened these days, the market looks very stressful right now due to massive sell-offs but others might consider this as a big opportunity because even if the bear strikes there’s still money to make.

This is beyond opportunity right now, it was an opportunity when it was just a correction but we are in a full on bear run right now so I would advise people to be careful right now, that will not be great if you jump all in just because it went down, it could still go down even more if we are in a bear run and that is why it is risky to go all in.

You can go in partly, that way you can put your money in part by part without risking it all, if it goes down that means you can buy more, if it goes up that means you will not profit as much but at least you will profit some. This is why I love DCA, it will allow everyone to take less risks with the price and specially during days like this when everything looks scary, doing DCA will allow people to be a lot more careful and a lot easier to handle the current situation of the price going down a lot.

[Bravehash]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

Lol it seems you are from the future 🤣 real shit is going down now and many are panicking already, India and china put ban on crypto just like what happened in 2018, people are been fooled by the powerful ones and crypto market once again is experiencing huge manipulation, welcome to the bear season, if you haven't taken enough profits by now it's already over

[NorvsGanda]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

Yes, I am also considering crypto as a gamble but a knowledge-based gamble. Meaning, your full knowledge and understanding are pretty much required to survive in crypto market. Every time the market is bullish, only those people who are prepared for that run will have huge benefits in terms of income. Like what you've said that it is "time-based", which means that bull market will come and it will only depend if you are prepared or not. I've noticed for some people here in crypto space that when the bull run in on-going, that is only the time they will do something like reading what are the potential coins, asking some signals and predictions in social media, buying coins while it is on pump etc. Those kinds of people are tend to lose their assets and investments because that is not how crypto trading works. The market is always giving us enough time like 3-4 years (range before the bull run happens again) to gather, collect, buy, research and hold the coins so that when the bull market comes, we are prepared and will take a huge profit from it. A lot of people don't know it that's why whales and experts are making them a tool to earn more.