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Author Topic: What goes up must come down  (Read 2785 times)
Flowzer
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May 30, 2021, 10:12:54 PM
 #141

There will be the right time for the market to rise up and also down. ANd today is the day for the dip market. Well, I am personally really don't want this kind of market situation, dropped price for all coins or tokens. However, we have no choice, we can just follow the market condition right now. And take advantage of certain situations in order to stay getting earning.

Well I guess some of us are looking forward for bitcoin's  price correction. When the time bitcoin are on a bullish and kept on climbing on its highest attained price some of us are asking for price correction but in my own personal opinion i didn't like to see cryptocurrenncy market in this kind of situation too. It is also expected that crypto market will going to undergo a price correction in an unexpected time and situation but this might going to happen. Let's just used this bearish trend to buy our favorite token and hodl till the crypto market bull again.


Agree, this market will not make any big move in the neartime, my plan for this condition is try to accumulate small bag while save the fund incase theres another big dump come to us.

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June 03, 2021, 02:35:05 PM
 #142

Agree, this market will not make any big move in the neartime, my plan for this condition is try to accumulate small bag while save the fund incase theres another big dump come to us.
Yes, but at least everyone can still get a certain amount of profit in the current market conditions because at times like now it is still very risky to buy some Altcoins in very high quantities.
to buy I think you have to make a belief in yourself. because after seeing how the market experienced a deep correction, it must have made some people panic about the value of assets that continued to decline. some have even sold at a loss due to following the market hype.
only those who believe and have good analysis will be sure to hold on to their diminishing assets. even most people equate it with 2018.

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June 04, 2021, 03:24:17 PM
 #143

Those who bought bitcoin from 2009 is already a millionaire or billionaire now if they keep their coins until the bitcoins value reach the new $64K ATH. But I have some doubt because that there are still a person holding his coin until now, after the 2017 ATH. The situation now is likely the same in 2017 but if you see the value is still high. So, I personally take advantage to buy every time there is a little correction and hold it again because I believe, it will reach another ATH before end of this year if the demands continue to increase.

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June 04, 2021, 03:27:20 PM
 #144

Yes, every investor should know this before starting to invest into a cryptocurrency. Volatility is one of the main features of this market. There isn't always going to be a bull market. Every investor should be ready to lose also.

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June 04, 2021, 03:39:31 PM
 #145

I think that those people who bought bitcoin let's say way back in 2010-2013 and bought like boat load of Bitcoins, are already millionaires. I really think that this is something that we can use to motivate ourselves into commiting our lives and resources for the development of ourselves through cryptocurrency. Many did not believe then and those who persevered through all the drama and issues with Bitcoin and the top alts, have stayed loyal and now became financially independent.

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June 04, 2021, 03:54:51 PM
 #146

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

If we had money to save, of course we could have invested in crypto long ago, and are now millionaires/billionaires. But the money we make is also a daily necessity. So that no one can save money for a long time unless they are millionaires/billionaires. I think what we produce now, that's part of our lives. Everyone has dreams, but not all of those dreams come true.
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June 06, 2021, 11:18:21 PM
 #147

Agree, this market will not make any big move in the neartime, my plan for this condition is try to accumulate small bag while save the fund incase theres another big dump come to us.
Yes, but at least everyone can still get a certain amount of profit in the current market conditions because at times like now it is still very risky to buy some Altcoins in very high quantities.
to buy I think you have to make a belief in yourself. because after seeing how the market experienced a deep correction, it must have made some people panic about the value of assets that continued to decline. some have even sold at a loss due to following the market hype.
only those who believe and have good analysis will be sure to hold on to their diminishing assets. even most people equate it with 2018.

The problem is many people trapped on a joke project like Doge, i dont think hold em is a good option. If you hold a good project, at least just eat the hopium and increase your belief system...  Grin

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June 07, 2021, 05:08:06 AM
 #148

Previous of bull market was started in the middle of June 2016 and ended in the last of 2017, in that duration the total of marketcap increased 100x. But for bull season now, just taking duration less than 1 year, and the total marketcap only raised about 20x, so from that, i can make prediction the bull season 2 should be exist for another 6 month or more.

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June 07, 2021, 07:32:44 AM
 #149

The problem is many people trapped on a joke project like Doge, i dont think hold em is a good option. If you hold a good project, at least just eat the hopium and increase your belief system...  Grin
the current situation becomes less favorable when we are in a stabilizing market. after a few people felt the loss when buying at the time of the hype that ensued and then the correction left everyone speechless.
I think there will be a deeper correction once the market is on the mend which makes some people believe the market will not collapse and prepare to make a new rally.
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June 07, 2021, 09:13:29 AM
 #150

Agree, this market will not make any big move in the neartime, my plan for this condition is try to accumulate small bag while save the fund incase theres another big dump come to us.
Yes, but at least everyone can still get a certain amount of profit in the current market conditions because at times like now it is still very risky to buy some Altcoins in very high quantities.
to buy I think you have to make a belief in yourself. because after seeing how the market experienced a deep correction, it must have made some people panic about the value of assets that continued to decline. some have even sold at a loss due to following the market hype.
only those who believe and have good analysis will be sure to hold on to their diminishing assets. even most people equate it with 2018.

The problem is many people trapped on a joke project like Doge, i dont think hold em is a good option. If you hold a good project, at least just eat the hopium and increase your belief system...  Grin
I agree with you. My problem is not that Dogecoin has not been around for a long time too with the older Main Cons but because of the way its investors now think it is some super coin that can on its own grow the way it has grown without the help of Hypes. The question is, unlike other projects like Bitcoin and Ethereum that have gotten to where they are now because of their self-development and adoption, can Dogecoin do the same? certainly not. So if you believe that this is the type of coin you wish to invest in and hodl for a long time, Your Investment Your Will.


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June 07, 2021, 05:00:55 PM
 #151

I think that those people who bought bitcoin let's say way back in 2010-2013 and bought like boat load of Bitcoins, are already millionaires. I really think that this is something that we can use to motivate ourselves into commiting our lives and resources for the development of ourselves through cryptocurrency. Many did not believe then and those who persevered through all the drama and issues with Bitcoin and the top alts, have stayed loyal and now became financially independent.
You're right, probably those who held on to BTC for years have now been rewarded massively. While this may seem like a passing trend I'd like to point out that with another halving on the way (~ 3 and a half years away) there is still a chance to have history repeat itself.

If anything, we can all learn and prepare for the future accordingly, there is still hope. Crypto is still such a young industry that there's still plenty of potential.
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June 07, 2021, 05:09:17 PM
 #152

The problem is many people trapped on a joke project like Doge, i dont think hold em is a good option. If you hold a good project, at least just eat the hopium and increase your belief system...  Grin
Actually, those who are stuck on projects like Doge just because they see people who have been lucky on Dogecoin without seeing people who have lost a lot in Dogecoin so they are stuck there until now. Grin

I see lots of people who loses there money and now being stuck with this coin, they are those
who bought at the peak believing that the value will grow and reach above $1,

They've been trapped and now are frustrated with how this coin perform, such kind of risky investment
that only rely with what the advertisers like Musk will brings on them,.

Investment needs to have good understanding not just to blindly follow someone's opinion's in hope that their investment will grow.
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June 07, 2021, 07:38:04 PM
 #153

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

Indeed, many are billionaires today for those who buy Bitcoin at $4k. But what about those who bought Bitcoin today at $60k. Have they become beggars? One person gains through the process of another person's loss. Things like this will keep turning.
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June 13, 2021, 11:33:02 AM
 #154

I see lots of people who loses there money and now being stuck with this coin, they are those
who bought at the peak believing that the value will grow and reach above $1,

They've been trapped and now are frustrated with how this coin perform, such kind of risky investment
that only rely with what the advertisers like Musk will brings on them,.

Investment needs to have good understanding not just to blindly follow someone's opinion's in hope that their investment will grow.
That's right, now many people just stick to what other people say even though it's only for personal interests so that many people get stuck on the coin, hopefully it can be a valuable lesson for those who have been trapped.
Nothing goes smoothly, bad news or people talk and whoever it is has become a part of this industry and no different with good things there will be temptations to deal with.
if there is no such thing then there will be no such thing as down, it all depends on how we respond and intelligently judge the news or talk of people who can hypnotize us into panic and make mistakes that make things worse.
and things like that will not affect those who have been in this industry for a long time because they have previous experience, but will be a new experience for those who are new and it will always be like this and so on because nothing will go smoothly.

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June 13, 2021, 11:45:26 AM
 #155

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

Indeed, many are billionaires today for those who buy Bitcoin at $4k. But what about those who bought Bitcoin today at $60k. Have they become beggars? One person gains through the process of another person's loss. Things like this will keep turning.
I don't believe so. This same issue could be said for those that bought Bitcoin back in 2017/18 for $20k, the only thing is that if you have faith in what you are doing or what you invested in and HODL out the storm we are currently facing, then the story will be different in the future for those that invested now at $60k when we eventually reach $100k  Wink
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June 13, 2021, 12:07:20 PM
 #156

Very true!

Markets can never be bullish or bearish forever, and the fact that we have market players always buying and selling and some of these taking profit....markets will keep oscillating up and down which is something we need to get used to as a normal phenomenon.

R


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June 13, 2021, 12:14:34 PM
 #157

and what goes down will definitely go up, we've often experienced this point so it depends on how we make decisions for the future we want.
sometimes we have to dare to go against the flow to get the main stage we want.
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June 13, 2021, 12:20:14 PM
 #158

and what goes down will definitely go up, we've often experienced this point so it depends on how we make decisions for the future we want.
sometimes we have to dare to go against the flow to get the main stage we want.
well, it's an ever-revolving cycle, and the truth is that the price is always high for what's always being developed. however, after the increase in crypto prices that occurs, a decrease will definitely occur, or what we call a price correction. at the moment, the crypto price is quite a dump, and I think the price will rise again soon.

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June 13, 2021, 12:25:10 PM
 #159

Very true!

Markets can never be bullish or bearish forever, and the fact that we have market players always buying and selling and some of these taking profit....markets will keep oscillating up and down which is something we need to get used to as a normal phenomenon.

That depends on the valuation and future prospects. If the valuation is fair, and the prospect of future revenue growth is looking good, then the prices will go up. Take the case of AMZN, MSFT or GOGL. These stocks have been going up for more than two decades now. No one really expects them to have a correction sometime soon, because their businesses are still growing. The same can be said about BTC. And in case of BTC, it is still only 12 years old. The bearish phase is at least 1-2 decades away, IMO.
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June 13, 2021, 01:31:58 PM
 #160

and what goes down will definitely go up, we've often experienced this point so it depends on how we make decisions for the future we want.
sometimes we have to dare to go against the flow to get the main stage we want.

That's the spirit! if you have that kind of mentality the chance to have a better compensation coming from the market.

Believing into something that you wish risking your investment, going against the odds might take you to  certain bad place but along the way it will bounce the same way we seen it most of the time, the market will recover and new ath are awaiting to those believers who can wait and patiently hold.
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