What goes up must come down

[stadus]

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.

That's a guarantee that we will see a new ATH, but we will not be guaranteed as to when since nobody knows. Remember that we are in a speculative market, it's a high-risk investment and anytime the market would behave the opposite of our expectation, so we also have to be ready to accept that possibility as investing has two results, you lose or you make profit.

[junkerr]

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.

do you think this is the basis of the correction that is taking place in the market?
my prediction you will see price improvement or price stabilization then you will see a deeper correction. this is just my own prediction. to see a higher pump I guess would be difficult for the current market conditions.

[Bohdan820]

Most bitcoin billionaires are not trying to sell the cue ball now because they don't need a lot of money to live. They are trying to get more value from these bitcoins. What's the point of the dollar now when it is only depreciating?

[bamb]

Altcoin is wholely depends on bitcoin and bitcoin is very volatile!  We are not at the point where bitcoin could act as  stable coin for the rest of Cryptocurrency!  I think we need a stability in order for Cryptocurrency to be adopted in a larger scale!  Almost all altcoin are down beyond reason and this is a good time to accumulate very sound technically good altcoin!

[Rakeshten]

Your point is right. Which coin goes up it have to come down one day, not full but there will be little dump. We are seeing example right now, full market went up and came down. So I think we shouldn't be worried about it, because it's Crypto everything is possible here in Crypto.

[secretgirl]

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

It's true what you said, big institutions that invest their money in crypto will definitely look for profits. a big company that already has a lot of money they definitely get a lot of profit in crypto. they were able to buy bitcoins for as low as 4k and they have survived to this day. they are rich people who don't care if their money will come back or not. but after a few years their profits are getting more and more as the bitcoin price is getting higher. their wealth is far above ours, so we really have to forget about such people, we better find our own way to profit in crypto.

[sulendra12]

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

People say the history repeats again and we are already experiencing it these days. There are so many stuff in crypto universe that you wouldn't want to miss it but every thing has the end right?
Until that time comes, we have to take this opportunity to actually make more profit and grab some coins to the bag, so if the cycle continues then we are ready to join in.

[bigjuk]

Your point is right. Which coin goes up it have to come down one day, not full but there will be little dump. We are seeing example right now, full market went up and came down. So I think we shouldn't be worried about it, because it's Crypto everything is possible here in Crypto.

Yes, but we also need to see and predict it before the upturn occurs and before the market goes down because often some people forget about the downturn when the market is in good shape.

[iTradeChips]

Well, I think those who bought in late 2017 when Bitcoin price was at 20,000 dollars must have already gotten some good profit when Bitcoin hit 60,000 dollars a few weeks back. Provided of course they have waited and did not sell their coins during the crash of 2017. Many who have bought Bitcoins when it was down at 3000 dollars had a perfect payday too. Now all we need to do is simply buy the dip. But El Salvador calling it a legal tender changed the game. Now the alts are also rallying upwards because of that development, because it boosted trust towards cryptocurrency in general. So invest now if you have money to invest and wait for a few years and you will be able to reap the benefits.

[ningrum]

Most bitcoin billionaires are not trying to sell the cue ball now because they don't need a lot of money to live. They are trying to get more value from these bitcoins. What's the point of the dollar now when it is only depreciating?

what is the ratio mate?, of course the ratio of rich people who don't need money as you say is 1:10000,
and in my opinion whales do play an important role in the dump, but to kill the price of Bitcoin whales will never be possible,
so, no something to worry about with whales, be afraid of people in the crypto world.

[Xinarae*]

Your point is right. Which coin goes up it have to come down one day, not full but there will be little dump. We are seeing example right now, full market went up and came down. So I think we shouldn't be worried about it, because it's Crypto everything is possible here in Crypto.

The crypto market usually goes up and down and the price of cryptocurrency goes down as it does not take time to go up. The market is not stable and investors make more profit on the basis of ups and downs the right time is to sell the currency if the price goes up.

[Sithara007]

Most bitcoin billionaires are not trying to sell the cue ball now because they don't need a lot of money to live. They are trying to get more value from these bitcoins. What's the point of the dollar now when it is only depreciating?

Just wait for a few years and you will see the US Dollar in the same condition as the Venezuelan Bolivar is currently. By giving out the excuse of COVID 19 pandemic, the US administration has sanctioned printing of banknotes on a scale that is never seen before in recorded history. The so called "American Families Plan" alone calls for an additional spending of $6 trillion. Some of this amount will come from an increase in taxes. But I expect the economy to go broke as a result of this crazy increase in taxes and the only solution then is to print banknotes without any limit. Within the next 5-10 years, US Dollar will cease to be the reserve currency of the world, because of the rising inflation rate. Now I don't know whether Bitcoin will make use of this opportunity and replaces the USD, but in case it happens, then many of us will be millionaires.

[awik p]

Your point is right. Which coin goes up it have to come down one day, not full but there will be little dump. We are seeing example right now, full market went up and came down. So I think we shouldn't be worried about it, because it's Crypto everything is possible here in Crypto.

The crypto market usually goes up and down and the price of cryptocurrency goes down as it does not take time to go up. The market is not stable and investors make more profit on the basis of ups and downs the right time is to sell the currency if the price goes up.

For short-term traders, of course, the opportunity when the market goes up is used to sell it, especially when it makes a profit. because we also need to be vigilant in the event of a dump, because for me the current market conditions have not shown good behavior. Moreover, the news in China is not in favor of crypto

[BitTraderCute]

Your point is right. Which coin goes up it have to come down one day, not full but there will be little dump. We are seeing example right now, full market went up and came down. So I think we shouldn't be worried about it, because it's Crypto everything is possible here in Crypto.

The crypto market usually goes up and down and the price of cryptocurrency goes down as it does not take time to go up. The market is not stable and investors make more profit on the basis of ups and downs the right time is to sell the currency if the price goes up.

For short-term traders, of course, the opportunity when the market goes up is used to sell it, especially when it makes a profit. because we also need to be vigilant in the event of a dump, because for me the current market conditions have not shown good behavior. Moreover, the news in China is not in favor of crypto

looks like in medium term we will see another dump and back to 20k which is be untapped support. but if news still maintain well and only good fundamental release , maybe we will see 50k le5vel. china. in current moment price goes up and down very fast and taking profit will be good decision to avoid big dump.

[Tipstar]

Every market when goes up fast, would come down. It's simple economics. But booking the profit alone would not lead the market to fall provided that there are enough new people and capital to invest. If you look at the stock prices around the world, they keep on making new highers and there are a few harsh bears but the price has quickly bounced over the last all time high. Similar are the graphs for crypto.

[$anounimus$]

looks like in medium term we will see another dump and back to 20k which is be untapped support. but if news still maintain well and only good fundamental release , maybe we will see 50k le5vel. china. in current moment price goes up and down very fast and taking profit will be good decision to avoid big dump.

Yes, and from the current state of affairs, do you think we will see the 50K level in the near future or below? because I see the current market conditions have started to go green with a slightly higher percentage figure.

[jasonjm]

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

Agreed! That is how crypto market works. Every one needs to take profit and short/long term market correction is the best possible way to gain huge amount of profit in limited amount of time. Exactly this happened in last month when the BTC touched $30k limit.

[Fredomago]

Every market when goes up fast, would come down. It's simple economics. But booking the profit alone would not lead the market to fall provided that there are enough new people and capital to invest. If you look at the stock prices around the world, they keep on making new highers and there are a few harsh bears but the price has quickly bounced over the last all time high. Similar are the graphs for crypto.

The very beauty of this market, there are more and more interested participants who learned to see the potentials of this industry, people who realize that there's really a good chance bag some decent profits coming from this market,

they are now exploring, some may suffer losing their money due to lack of proper understanding, when more dumped happened they've been force to sell out fearing that it will continue and burned everything.

at the other side, normally the market have bull and bear. More on how to place your investment in a timely manner.

[casperBGD]

~snip

at the other side, normally the market have bull and bear. More on how to place your investment in a timely manner.

yeah, economic activity is cyclical, and bull and bear market are usual in each economy cycle, with that said, bull and bear markets in crypto are bringing much more difference than in established economies, and that provide opportunity for great wins, but also could bring harsh loses, if you invest at wrong moments
it is not an advise, but investment during bear markets are proving much better, IMO

[2double0]

Your future prediction since you made this thread was/is very accurate and I was also expecting a downturn for the markets because it was all going up only with so much buy volume increasing daily. When the time comes for profit taking, institutional investors or those who have made millions or billions start taking out their money by selling on small buyers (whose collective volume remains very low on the buyers' side if institutions stop buying it). It depends whether they go for small chunks to slowly damage the market or break it in a few moments.