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Author Topic: What goes up must come down  (Read 2785 times)
huiji2011
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June 19, 2021, 08:52:59 AM
 #201

It is very important to be aware of this. The market doesn't always continue in the bull market. It will start doing the opposite eventually. So I think that the best thing to do is setting some price goals. It makes things easier for an investor.
Respect and fear the crypto market all the time,in a bull market, it can rise so high that you can't imagine. In a bear market, it can fall to your despair. Yes,this is the magic of crypto market,please don‘t be greedy.

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June 19, 2021, 02:08:42 PM
 #202

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
True, what you said is not wrong, but for those who still feel noob, it will always be difficult to carry out their work in crypto in current conditions even though some people see a good opportunity in current conditions.
that is very correct. for those who are experienced in the crypto market, of course, they see the potential to still make a profit.
but for those who are beginners will be confused to take steps when the market is volatile. the safest is probably to take a good asset for the long term.

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June 19, 2021, 02:31:14 PM
 #203

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.       
Yes, I agree. Cryptocurrency has an ups and downs. Bitcoin started in a very low price and boost until the years cames by. Bitcoin highest market price right now is very unbelievable on how they get through all those problems they encounter and how they handle those tough situations when the market price is very low. Now, Bitcoin is very unexpected on what they get right now, of being such a Billionaire or a Millionaire during these days and having a highest market price which is good for all people who invested.

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June 19, 2021, 02:40:08 PM
 #204

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, that is why being here in crypto space you need to be wiser and vigilant in the movement of the market and also if you are just a small funded investor if you get a good amount of gain and profit always keep it because at the end of the day these institutions, corporations, millionaires and billionaires will definitely take a very big amount of profit without any notice.

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June 19, 2021, 03:15:37 PM
 #205

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 .
Yes, setting a minimum price that we can tolerate, is a very good solution for everyone at this point because capturing the coins at the lowest price is a very extraordinary thing to do in these conditions.

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June 19, 2021, 03:48:21 PM
 #206

It is very important to be aware of this. The market doesn't always continue in the bull market. It will start doing the opposite eventually. So I think that the best thing to do is setting some price goals. It makes things easier for an investor.
It's not just about setting price goals, some people set insane price goals and it makes you wonder if that's actually possible to achieve, I think people expect too much from the market/coin and forget that up is not the only way prices go, if investor will not be too greedy and try setting realistic goals, then they won't be caught thinking whether to sell or hold when a coin gets to the targeted price.

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Ghondronk
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June 20, 2021, 04:14:02 PM
 #207

That's the global truth. If you climb up a mountain, later you will have to go back down. If you throw something in the air, will fall freely under the gravity. Similarly, if we see a bullish market, we need to keep in our minds that there will be a bearish  market soon. So apply stop losses, book you profits and get ready to buy from the dip.

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Darktongue
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June 20, 2021, 06:00:24 PM
 #208

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'm a little bit curious to know what you know about the crypto past. Why do you have an interest in a new bounty if you were an investor? Crypto is totally different than real stock exchange. What goes down price, must be upper than the last down price. You profit must be there, just don't invest in shit altcoins. I noticed the crypto bear market is always longer than the bull market.
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June 20, 2021, 09:43:40 PM
 #209

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.

Hm, but aren't we all similar in that regard to some degree? Especially when you are new to crypto and you realize there is this dream and this potential, you can quickly lose focus and modesty. That's very easy in crypto actually to become greedy because once you had a 5x return in one year you really start to think that 2x per year is a weak year compared to other investments like stocks. That is problematic.
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June 22, 2021, 03:38:36 PM
 #210

that is very correct. for those who are experienced in the crypto market, of course, they see the potential to still make a profit.
but for those who are beginners will be confused to take steps when the market is volatile. the safest is probably to take a good asset for the long term.
Yes, and taking assets in the long term is always at the top of the cryptocurrency space, because those with money to spare will always be after the good coins at the moment to make a profit when the market recovers.
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June 22, 2021, 04:09:35 PM
 #211

I'm a little bit curious to know what you know about the crypto past. Why do you have an interest in a new bounty if you were an investor? Crypto is totally different than real stock exchange. What goes down price, must be upper than the last down price. You profit must be there, just don't invest in shit altcoins. I noticed the crypto bear market is always longer than the bull market.
Yes, and in general, everyone always has their own way of thinking by making decisions that they think may be profitable even though in the end it is not, so that other people have no right to restrain someone from carrying out their decisions, even though it is not wrong to suggest which is better for others.

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June 22, 2021, 04:51:35 PM
 #212

I'm a little bit curious to know what you know about the crypto past. Why do you have an interest in a new bounty if you were an investor? Crypto is totally different than real stock exchange. What goes down price, must be upper than the last down price. You profit must be there, just don't invest in shit altcoins. I noticed the crypto bear market is always longer than the bull market.
Yes, and in general, everyone always has their own way of thinking by making decisions that they think may be profitable even though in the end it is not, so that other people have no right to restrain someone from carrying out their decisions, even though it is not wrong to suggest which is better for others.

It's not bad to suggest but letting them to do their stuff and make the decision on their own,

will lead them to better position, investors and traders needs to rely on their own and avoid

listening to what many are doing, it's a matter of taking care of your money during both

bear and bull seasons.
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June 22, 2021, 05:01:44 PM
 #213

Looking back at 2 month old Post from OP, it looks like what he/she was feeling was absolutely right. People will take profits, it's not like everyone will hold forever but how much they'll sell is a topic of discussion. BTC dumped below 30k$ today but pumped back to 32k$+, means there are buyers waiting for it to get dumped as long as we have loyal buyers we'll be looking at a potential Bull run in the future.
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June 22, 2021, 05:46:05 PM
 #214

Yes, you are right who bought BTC at 4000$ maybe they would be a millionaire or billionaire. But I think most of them had sold their BTC when the price goes up. The winners are those who sold their BTC at 60k$ or still holding because I think BTC can hit 100k$ soon.

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June 23, 2021, 03:56:01 PM
 #215

It is very important to be aware of this. The market doesn't always continue in the bull market. It will start doing the opposite eventually. So I think that the best thing to do is setting some price goals. It makes things easier for an investor.
The problem with those kind of goals is that if they are too high then you are still going to have the same problem as before and if the goal is too low then you are going to sell to soon and you are going to regret it, you need to have a strategy that can adjust your goal automatically so you can catch most of the bull market but at the same time you can get out of the market before the bear market comes, if this sounds difficult believe me it is and it is why so few people can earn money in the markets.

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June 23, 2021, 07:22:11 PM
 #216

the more experienced users know that the market is cyclical and alternates pump and dump phases at more or less regular intervals, to return to profit we just need to know how to wait, the most savvy still manage to make a profit even on such a terrible dump
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June 23, 2021, 07:43:09 PM
 #217

Yes, you are right who bought BTC at 4000$ maybe they would be a millionaire or billionaire. But I think most of them had sold their BTC when the price goes up. The winners are those who sold their BTC at 60k$ or still holding because I think BTC can hit 100k$ soon.

I think for now growing price of BTC ended! BTC price depended from China, check news, they restricted transactions and all moves with cryptocurrencies! Soon price will go down again!

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June 24, 2021, 04:40:27 PM
 #218

It is very important to be aware of this. The market doesn't always continue in the bull market. It will start doing the opposite eventually. So I think that the best thing to do is setting some price goals. It makes things easier for an investor.
The problem with those kind of goals is that if they are too high then you are still going to have the same problem as before and if the goal is too low then you are going to sell to soon and you are going to regret it, you need to have a strategy that can adjust your goal automatically so you can catch most of the bull market but at the same time you can get out of the market before the bear market comes, if this sounds difficult believe me it is and it is why so few people can earn money in the markets.
It's true that it's not easy to determine a strategy that fits the goals we want to achieve,
especially if we just follow the strategies of other people it probably won't work,
better keep learning by trying to understand the market

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June 24, 2021, 04:51:16 PM
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 #219

The price of cryptocurrency is down accross board and I believe this trend will continue until market correct itself! This is going to be a long journey and cryptocurrency traders and investors should prepare for this long winter! It will be easier for those that took profit from the market ath! Those who do not take profit will have to wait it out or find a job to sustain themselves!

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June 25, 2021, 09:02:21 PM
 #220

The price of cryptocurrency is down accross board and I believe this trend will continue until market correct itself! This is going to be a long journey and cryptocurrency traders and investors should prepare for this long winter! It will be easier for those that took profit from the market ath! Those who do not take profit will have to wait it out or find a job to sustain themselves!

Better to think that way as that is a realistic way of thinking. When there's bad news, a serious one, it will usually lead to panic because of FUD and we are in that kind of situation now, the confidence of the investors are dropping because of the bad market, and we will not only witness this dump, we might see more resulting to bitcoin dumping below $30k or even $20k.

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.Duelbits.
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