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Author Topic: What goes up must come down  (Read 2785 times)
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June 14, 2021, 08:07:20 PM
 #181

Timing in and out is the key to getting the maximum amount of money.
Volatility is the art of the cryptocurrency market.
Not completely volatility makes cryptocurrencies bad. Even some people make volatility an advantage that can be exploited.

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June 14, 2021, 09:06:29 PM
 #182

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.
If those people that bought at 20k at the end of that bubble were smart they would have bought bitcoin during the period after the crash and lower the average price of their coins to the point they could have been in profits way sooner, but we know the truth, a great deal of the people that bought back then were just looking for fast profits and as soon as the price crashed they sold and the few that kept holding could not do so for years and accumulated huge losses as well.

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June 15, 2021, 02:13:27 AM
 #183

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

You are correct, the ups and down of the market is a healthy gestures that most of the trader are appreciated, but of course some of the newbies, most of the are the victim of the sudden ups and down of the market.
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June 15, 2021, 03:14:53 AM
 #184

There are ups and downs in the crypto market is a natural thing, even it can be a signal when it is the right time to enter or leave. One's experience while walking on the crypto market also affects one's success in making profits.

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June 15, 2021, 10:58:04 AM
 #185

Yes the big and long bearish season just like in 2018 can be happen again after bull season, and hard to predict when is coming. Just prepare for that situation because the market will never bullish all the times. Just take profit and withdraw in to fiat, and avoid all in crypto in this situation. But bull market also have high probability to start again, withdraw half balance in to fiat and another remaining hold in crypto for a few month, so we will not missing if bull market extend.

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June 15, 2021, 11:33:24 AM
 #186

and after taking profit I think they will start at the beginning again but at a higher point, because that's what I see every year, the price of btc and altcoins will continue to rise even though there will be increases and decreases every time but if you look at the price year by year continue to rise.

Of course, the price will recover and we will back to gain momentum again when we see the market taking some changes in the upcoming months. But before that, those companies that already spent lots of money on bitcoins and other altcoins need to take care of the other investors who until now have some doubt about investing in the crypto industry. because they are the main reason to make some changes in the market when their other partnership will invest as well.

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June 15, 2021, 12:01:22 PM
 #187

This is the reason why early investment is the best but also have some risks attached to it. To be a millionaire or billionaire, there are some certain risks one has to take to break through the gate of success.

Those investing now in Bitcoin are later investors with high risks attached because there is high tendency of losing their money. The journey of Bitcoin has really gone far in which those whose invested in it few years ago has already benefited from it, becoming Millionaires and Billionaires just because they were able to see farther than those who complained of it being a scam with high probability of it crashing cause the government could not support it existence back then.

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June 15, 2021, 12:32:26 PM
 #188

Yes the big and long bearish season just like in 2018 can be happen again after bull season, and hard to predict when is coming. Just prepare for that situation because the market will never bullish all the times. Just take profit and withdraw in to fiat, and avoid all in crypto in this situation. But bull market also have high probability to start again, withdraw half balance in to fiat and another remaining hold in crypto for a few month, so we will not missing if bull market extend.

Even if such a bearish phase occurs, the long term holders don't have to worry much. Because the prices are going to recover eventually and in all probability a new ATH will be attained. The global adoption of Bitcoin is happening at a rate which was not even imagined before. A couple of years back, if I was telling someone that Bitcoin would become the legal tender of an independent UN member nation, then I would have got labelled as insane and mentally unsound. And yet it has happened. And who knows? We may be only a few years away from Bitcoin becoming a truly international currency, accepted across the globe.
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June 15, 2021, 12:45:43 PM
 #189

There are ups and downs in the crypto market is a natural thing, even it can be a signal when it is the right time to enter or leave. One's experience while walking on the crypto market also affects one's success in making profits.
But still there are times that the price heavily increase (what we called bull run) then after couple of months pumping the market, it will goes down again. It could normally back to the price that it started to increase. I think were heading to the bear market, we just experiencing right now is due to several good news and events surrounds the cryptocurrency which is good thing. I agree ups and downs are natural to cryptocurrency, in that point we must try to sell when the price is high if we satisfied with it and then buy again if the price goes dip. 

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June 15, 2021, 12:50:58 PM
 #190

For those who are experienced in the crypto space or crypto market, I think it will feel good to face market situations, because they are very used to it, but what usually becomes a problem is those who are still very new, so they often panic themselves when they see market conditions that are up and down.
This market has always been volatile, so anyone who wants to trade in this market has to accept it. Noob has no right to complain, price volatility did not show up yesterday, it always was.
As a matter of fact, although this feature scares those who are afraid of losing, also drags the rest to the very center of the market to win big. There are billions of people in the world who have little money and want to be millionaires, and crypto offers them that chance.  Wink
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June 15, 2021, 01:09:25 PM
 #191

This is the reason why early investment is the best but also have some risks attached to it. To be a millionaire or billionaire, there are some certain risks one has to take to break through the gate of success.
Indeed, it takes guts because we'll never know whats going to be the future of what we are getting into.

Its always good to be one of the early investors of a hidden gem however most of us ignore the opportunity and only realize the mistake after seeing the price unexpectedly soar high (im pertaining to btc specifically).

Nevertheless there's always a chance to engage ourselves because its never too late. Grab the chance while we are not in bullish market.

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June 15, 2021, 01:27:14 PM
 #192

and after taking profit I think they will start at the beginning again but at a higher point, because that's what I see every year, the price of btc and altcoins will continue to rise even though there will be increases and decreases every time but if you look at the price year by year continue to rise.
Yes, what you are saying is very clear because every year the price of BTC and Altcoin has a very big difference so everyone must know when to enter and when to exit in order to make a profit every year.
that's what every investor and trader should learn and know. because many investors and traders get too caught up in the hype going on in the market and forget to plan them from the start. it makes everyone greedy for the assets they invest in.

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GelatikKembar
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June 15, 2021, 02:23:57 PM
 #193

and after taking profit I think they will start at the beginning again but at a higher point, because that's what I see every year, the price of btc and altcoins will continue to rise even though there will be increases and decreases every time but if you look at the price year by year continue to rise.
Yes, what you are saying is very clear because every year the price of BTC and Altcoin has a very big difference so everyone must know when to enter and when to exit in order to make a profit every year.
that's what every investor and trader should learn and know. because many investors and traders get too caught up in the hype going on in the market and forget to plan them from the start. it makes everyone greedy for the assets they invest in.
Cases like that do happen a lot and maybe it's because of a lack of self-control,
I think things like that can be used as a lesson for all of us,
and I hope that traders and investors will not get caught up in the hype that is happening in the market

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June 17, 2021, 09:15:50 PM
 #194

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.

It could be, some bull trap would make the market more fear and make opportunity for whales to accumulate on the cheaper price.

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.


Yeah at the end of the day, their money is their decision, but as part of the community we should warn them for doing any stupid decision to invest on a joke project or the worse scam project.

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June 17, 2021, 09:57:33 PM
 #195

It is the nature of every cryptocurrencies in the end. We can't expect the market to continue in bull market all the time. We can have some periods like this also. We should follow the market closely and manage our investments according to it.

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June 17, 2021, 11:25:35 PM
 #196

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
Oh what you've been looking for finally happened.
I've also been expecting them is bear for long, since march ending but I keep seeing new ATH and I was just confused but it later corrected itself and now we have the bears. What goes up must come down mate😎 gravity applies to trading but might not come down to the initial point it launched.
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June 18, 2021, 08:44:52 PM
 #197

For those who are experienced in the crypto space or crypto market, I think it will feel good to face market situations, because they are very used to it, but what usually becomes a problem is those who are still very new, so they often panic themselves when they see market conditions that are up and down.
This market has always been volatile, so anyone who wants to trade in this market has to accept it. Noob has no right to complain, price volatility did not show up yesterday, it always was.
As a matter of fact, although this feature scares those who are afraid of losing, also drags the rest to the very center of the market to win big. There are billions of people in the world who have little money and want to be millionaires, and crypto offers them that chance.  Wink
The issue with all of those people with a small amount of capital that want to become rich is that they should understand that due to their low capital they should resign themselves for this process to take a very long time and yet we see the opposite, they want to earn big and they want this process to take a few weeks or months at worst and this is incredibly difficult, and for every single one of them getting the results they want there are thousands that do not, and then they complain about this market being a scam when they were the ones taking the decisions that lead them towards failure.

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June 18, 2021, 09:47:26 PM
 #198

It is the nature of every cryptocurrencies in the end. We can't expect the market to continue in bull market all the time. We can have some periods like this also. We should follow the market closely and manage our investments according to it.
And when the corrections keeps on coming, it may take time before it recovers. So in order for you to remain optimistic on this market is to know when to make decisions.
You should be able to take profit, save it for a while and wait until the market shows some significance that it's about to correct. And that's the time that you're going to buy it.

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June 19, 2021, 02:45:52 AM
 #199

Not always crypto market conditions are on a continuous increase, there will be conditions everything turns red, it's better when investing, we have determined the minimum price we can tolerate, whether it's loss or profit, this will facilitate asset management and decision making on market conditions .

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June 19, 2021, 02:51:46 AM
 #200

Not always crypto market conditions are on a continuous increase, there will be conditions everything turns red, it's better when investing, we have determined the minimum price we can tolerate, whether it's loss or profit, this will facilitate asset management and decision making on market conditions .

Such attitude towards this investment venue is very important, if you have that balance with your investment

you'll be able to adjust with your targets, either winning position or losing some of your money as long as you

know what you are doing, the chance of recovering or getting something decent is very possible for you to acquired.
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