What goes up must come down

[Gorosden]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

[1714771594]

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[andthereyou]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

I agree because I have been here in this forum since 2017 and I keep watch of cryptocurrency market direction. Also for your information you have similar post title that I had seen 2 or 3 years ago. (chuckle)

[Wahyuihib]

In fact, if we always follow the development of our own cryptocurrency, it is time for me to experience an increase today. because crypto currencies have started to get sympathy from the public, so the price itself will gradually increase

[TheMimic1]

In fact, if we always follow the development of our own cryptocurrency, it is time for me to experience an increase today. because crypto currencies have started to get sympathy from the public, so the price itself will gradually increase

But not for long, it's impossible for crypto value to keep increasing because investors only invest for the gains and sooner or later they will surely take profits, OP do have a very good point here and once bears market starts many will think it's a correction in work until is too late

[lobo13hf]

why 4k?

There were lots of early buyers of bitcoin that bought it when the price of bitcoin was around three or two digits.
You can't expect people will pump the coin forever but i will believe if those early holders are holding their coins for long term or they will be dumping it gradually.
The big holders will not create a panic sell and that will give them a lot of disadvantage just like they can't liquidate their coins at the peak price.

[rahmat86]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

I agree with you, the average coins has experienced a high increase and until now there is no sign of it going down, the current price of Doge is very expensive when compared to last year and those who buy at low prices have become billionaires, I am always waiting trend bearish so I can buy coins at cheap again

[bekti3]

time is running out and bitcoin price is very close to the prediction point. buy now for 1 Btc is for those who are ready with all the risks from their finances who have other income besides in crypto. We, who still rely on income from several crypto copies, still really hope to be able to pay off a few Satoshi so that one day it will collect into 1 Btc in full ..

[zaim7413]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

True, but I just feel like the 2017 era is not 2018 because 2018 was a very severe decline in cryptocurrency,
so some people were very afraid to make purchases at that time, including me too.

[airdata]

You are correct that now they are Billionaire / Millionaire whot invest on Bitcoin on the past when it price was 4000 usd or under 3000 USD. Now bitcoin already  crossed 64k USD and really it is unbelievable.  But We know that the Starting price of Bitcoin was very Low and Bitcoin will 100000 USD in upcoming Days.       

[mr.robot8]

this always happens and always will repeat the market goes up and down the bear and bull phases alternate cyclically you just need to be good at understanding when the trend reversal begins and sell everything in time

[Stanlo]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

True, but I just feel like the 2017 era is not 2018 because 2018 was a very severe decline in cryptocurrency,
so some people were very afraid to make purchases at that time, including me too.

Nope, majority of altcoins start pumping in January 2018 not 2017, BTC and few altcoins are bullish in 2017 4th quarter but the real altcoin season beginnings in 2018 January, february and March, by March ending everything worn out already and the bears are already taking over

[btcltcdigger]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

Captain Obvious to the rescue once again
And yes, this is like 2017 as it's another bull cycle, and people are taking profits.

[crwth]

Well, we're never ever going to be on a bullish market forever, there's got to be a stop towards that. There could be the bear market winter as some people would call it but I think it would come around the end of this year or early next year. I'm just quite nervous that we would reach that point and say, hey, I should have sold my BTC at xxxxx amount of price. Let's see.

[Fivestar4everMVP]

Yes are very right, but I even doubt if any average person who bought bitcoin at $4000 usd is still holding till now, the only ones who I think will buy at $4000 usd and still hold till now are the whales, the rich guys who don't care whether they get the money back or not, the ones that buys a coin and forget about it for more than five years, some don't even remember that have such money somewhere until they stumble upon it some day, those are the kind of people I think that will still be holding bitcoins bought at $4000 usd till now, the average person would have sold out of fear that the market might turn red and they loose their gain.

[mamesso]

The phenomenon that occurred in 2017 kept a beautiful story for some trader and investor, those who dared to take big risks at that time had already become millionaires/billionaires. The development of cryptocurrency is increasing compared to a few years ago, and has got a special place in the hearts of the public. So This is the reason I never hesitating to invest in the crypto space.

[passwordnow]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

Yup, there will be still the taking profits side and nobody would expect it to stay longer. But with sort of dips that happens once in a while, there's a balance in the market that makes it better and won't only go into pump. Just take your profit and allocate how much you've invest and how much you will reinvest if ever the market goes into a long bearish run again. The confidence is still quite high by this time for most investors and that makes it scarier but so be it.

[XCANA]

The cryptocurrencies market as been with such movement, the ups and the downs are the attribute of this industry, so, anyone still surprise at the speed of the bitcoin movement or others should study the basic of crypto-coins. Those who bought these coins aren't all at profit becasue there are some that still ran at loss back then but those long-term holders were able to make their cut from be hodlers for long. Basically, the risk takers in the industry are the winners.

[pealr12]

There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared

Of course they have taken profit, in fact, they must have taken profit long before btc hit $20k again, people generally don't have that patience to hodl and keep holding even when they can take profit, they are not stupid, people who bought at $4000 must have dump and others have bought it at s much higher price and those people will in turn dump and others will buy it and so on, even at $62k some are still buying btc.

[Similificator]

Makes sense. But in the case of bitcoin, it won't go all the way down nor stay down forever. And I believe that bitcoin is credible enough after showing how resilient it is all throughout the years despite whatever fud or whatever happened to it. Just look at what happened recently, lots of self righteous know it alls who were spreading fud about Bitcoin and talking trash about it ate all their words and ended up jumping into the trend as well by investing on the very thing they called a ponzi or talked trash about.

[rahmatullah9305]

I agree because I have been here in this forum since 2017 and I keep watch of cryptocurrency market direction. Also for your information you have similar post title that I had seen 2 or 3 years ago. (chuckle)

I have also been in this forum for a long time, but that is not the most important thing now, because there are also people who have been in this forum for a long time but there are still many developments and new things that they have not known until now, because now the most important thing is action after watching the market is not just watching, the use of good moments should always come first now.