What goes up must come down

[stadus]

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

Right. This year has the opportunity to make huge profits in the crypto space. Therefore, take advantage of the opportunity now to invest in crypto while the market is still a bull run because after an increase there will definitely be a correction. Never squander an opportunity.

We see the market condition differently, what I am seeing now is a correction and we are not anymore in the bull run. Bull run does not last for a long period and I guess the bull run that started last year was already over when the price dump below $30k. And though Bitcoin is still at $30k+ higher than its previous bull run, we cannot be 100% sure that it will rise as, during the correction period, markets are usually bearish.

[Tervelatuk]

I remember when bitcoin price goes high as 20k last 2017 and crashing as low as 3-4k I think.

That's true, I witnessed that situation too, and I panic a bit.
But because of that, I learned and understand that bitcoin will never die, it may look like it has collapsed but it will surely recover.

Seeing it again a few months ago, bitcoin goes to 63k to what? sub 30k?

You know when the sentiment bad and the all price go down, seeing my portfolio took cut 60-70%..I strongly believe that too, Doge,shiba or any other alts that have high rally..will eventually go down in price,.

$30k is still a huge amount if we compare it to the last bull run, from $20k it dropped to $3k, so we might see a drop from $60k to $10k at least if the same trend will happen. It may look so low but we have to open all the possibilities as it's needed to make a good judgment regardless of the market situation.

that's around 10% left if price goes down from 60k to 3k , and we hope its not happen again to us. Market will be very panic and everyone could sell their crypto assets except who still believe about crypto future. Market move very dinamic and all possibilities should calculated to prepare the worst scenario.

[Sithara007]

that's around 10% left if price goes down from 60k to 3k , and we hope its not happen again to us. Market will be very panic and everyone could sell their crypto assets except who still believe about crypto future. Market move very dinamic and all possibilities should calculated to prepare the worst scenario.

Back in 2014 and 2018, we had corrections amounting to more than 80% from the ATH levels. But it may not happen with the cryptocurrency market this time, because of two factors - 1. the entry of institutions in to the market in a big way. These investors can hold on to their investments for many years. 2. a lot of the users are already aware of the 4-year cycle and may think twice before they get rid of their coins during dips. The correction may still happen, but instead of the 80% we had in 2018, we may get 40% or 50% at the most.

[mrjoy15]

You're right. And in crypto world these high's and up's are bigger than usual stocks. You need to have some guts to stay in crypto world. Imo now is the best time to accumulate crypto before new bull run.

Yes and you need to take your money ready when you buy in. Current market condition approach you to buy in, so when the price is going down people are good to go. Emotional control is the hey of success, those who overcome emotional crybabies during the bear market get the success.

[Desmong]

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

What goes up must surely comes down is a certain and sure Truth about the movement of price in the financial markets. The market can not keep on going bullish without gaining momentum to go Bearish for a while then facing another direction for the next trend.

Looking at the cryptocurrency market since it beginning to this very time, we'll see that the market always retrace back to it original journey before continuing it initial trend. This help the market to remain uncertain, enticing more traders and investors to the market to compete in the market. The cryptocurrency market is full of come risks that everyone one that is into it must take necessary precaution to avoid potential loses.

[cliber]

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 think we have not been able to position ourselves like the billionaire by buying a lot of BTC and then selling at a high price, this is not possible for me personally.
but we need to be optimistic and learn how billionaires work.
Today the desire to become a billionaire is very high for our goals, considering that the 2017/2018 era is back to life, where in those days we were like being awarded coins without having to work hard and the results were quite maximal.
and I will also forget about large institutions that invest large amounts of money in crypto, considering that I also want to focus on pursuing what they thought before becoming a billionaire and I will continue to cultivate this certainty.

[kevindjunaidi]

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

I agree with you, I think cryptocurrency are currently heading in a better direction than in previous years, because now many global companies have started collaborating or using platform from cryptocurrency, then of course this makes me not afraid to invest in cryptocurrency in the long term, therefore I am currently buying more and hold for the long term, because I believe the market will recover in the near future and when the market has recovered, then of course I will definitely get a big profit from investing in cryptocurrency at this time.

[stadus]

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

I agree with you, I think cryptocurrency are currently heading in a better direction than in previous years, because now many global companies have started collaborating or using platform from cryptocurrency, then of course this makes me not afraid to invest in cryptocurrency in the long term, therefore I am currently buying more and hold for the long term, because I believe the market will recover in the near future and when the market has recovered, then of course I will definitely get a big profit from investing in cryptocurrency at this time.

Well, in the long run yes, there's no doubt we are heading to a better future.

However, in the current situation, we can still say that the market is manipulated because from below $20k, BTC pumped to $60k and now we are back at $30k+ at a very short period of time only, it corrected hard because the price is overpriced and we don't know how long the bear market will last.

[Fredomago]

Well, in the long run yes, there's no doubt we are heading to a better future.

However, in the current situation, we can still say that the market is manipulated because from below $20k, BTC pumped to $60k and now we are back at $30k+ at a very short period of time only, it corrected hard because the price is overpriced and we don't know how long the bear market will last.

yeah right, that huge pumped brings another interest from newcomers, but eventually the value fall back and now it's hard to assess if what will happen next, it's been some time that the price is playing within $30k-$40k.

The direction  still unknown and everything went to every investors and traders speculations, time to buy if you are aiming for long-term.

With a high hope that history will repeat itself and many good market movement will take place inside the market, while for those short-term holders, they can play continuously and try hard to bring something decent out from the market.

[Morning honor]

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 am with you, i experienced also being on top which is taking profit on little investment until the time comes and all of my invested funds lost. But never give up their is always another opportunity that will lead us to success . 

[avarnet]

After 2017 ago I invested a lot of crypto money and at the end of 2019 I was gloriously disappointed and almost frustrated because the price of crypto or BTC was so weak that I thought the price of btc would disappear from the face of this earth, so I took the initiative to sell the rest, it turns out I wrong and very sorry, I finally decided to rise from zero when the price had soared, so I started to get excited again because in the bounty world I have reached my target again in the crypto world, and so I can see my investment in BTC again

[Dragonfund]

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!

Sorry but I think it depends on how the influence drives it price. When you think that market sentiment is dieing, some influencers would just ignite the market and then it will start pumping. Though I have observed that despite the external influences, the market still look bearish but that doesn't make it bullish. The institution wouldn't want there investment burn and be at a loss.
There is high hance that the market may rebound to the upside if the news momentum news keep coming. Traders and investors are now move by Elon and others.

[stadus]

Well, in the long run yes, there's no doubt we are heading to a better future.

However, in the current situation, we can still say that the market is manipulated because from below $20k, BTC pumped to $60k and now we are back at $30k+ at a very short period of time only, it corrected hard because the price is overpriced and we don't know how long the bear market will last.

well, but after this bear market, bitcoin price will most likely go up again. as written by TS, what goes up will definitely go down, and most likely, what goes down will go up again. well, now the bitcoin price has started to recover. maybe for starters, hitting $35k is a pretty good goal.

People have a different mentality, as for me, it's easier for me to believe that bitcoin will recover once it will be dump hard, and since I'm open to that possibility, I don't need to worry anymore when the price dump, instead, I see it as an opportunity for a chance to accumulate at the dip.

I'm not surprised with the pump now, with the speculation that Amazon will accept bitcoin soon, it's easy for people to reach that it's a big thing, but if this will not be confirmed, we might see a big downtrend because those who made a profit from this pump might dump again to cash out.

[Westingcote]

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!

Sorry but I think it depends on how the influence drives it price. When you think that market sentiment is dieing, some influencers would just ignite the market and then it will start pumping. Though I have observed that despite the external influences, the market still look bearish but that doesn't make it bullish. The institution wouldn't want there investment burn and be at a loss.
There is high hance that the market may rebound to the upside if the news momentum news keep coming. Traders and investors are now move by Elon and others.

You made a mistake by calling them "investors" instead call them idiots because if they are listening to Elon and only invested in Bitcoin because he said its good now then they are dumb and will be the first to sell when Bitcoin hits a hard period.

[magnum1010]

When the bull market starts and people see that everything is green, they want to buy more and more. Then something happens, for example, some whales decide to take a profit and sell, prices start falling and as a result a big bear market. And some people consider it to be the best time to buy more, nevertheless the red market is a real disaster  for others. 

[aemma]

I think it depends on what you mean by "must come down" that is, in some cases it can be termed price correction, massive dumping or rug pull. Starting with the second type, that's the most terrible which is seen in a very big number of cases as well as associated with altcoins with no use case or pump and dump coins, so in this case once you are in profit, selling is very much adviced.
As for the first, it is normal and can be seen in mostly good coins thus providing entry for those who want to buy, because it is certain the price will increase again. Basing the comment on Bitcoin, anyone can take profit whenever they want but Bitcoin over time has shown that holders are actually better, those who have been holding Bitcoin for years now have gained a lot. Also, most times people clamour sell when in profit which is quite easier but how about buying back? That is quite tougher as most people do not get it lower, a good case is those who sold Bitcoin when it crossed it's ATH of 2018 last year, till date it hasn't dumped that much.
As for me, know what you want to achieve, that is long term or short term, also know when to take profit but endeavour to leave some bags and most importantly know that type of coins you hold, because not all that comes down must goes up.

[dndfinance]

Not really. Good things stay up like Bitcoin, Ethereum, etc. Not a financial advice.

[LordMiguel]

Every market has its ups and down and don't be carried away with the frenzy in the crypto market. as it is going up. it will go down later. just be observant and know when to sell. else you will loose out. currently, we are about heating toward a bull market and it looks attractive. many are jumping in thinking the market is back. as you join, be careful because the market is a trap.

[juanda]

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

many altcoins have experienced this. but in my opinion this is not the case with Bitcoin. because Bitcoin is very consistent every year it experiences a high increase and bitcoin never falls in price or returns to its base price. ups and downs definitely occur in the exchange market but bitcoin has always survived and continues to improve every year. and this is felt by long-term Bitcoin holders

[dndfinance]

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

Not necessarily. Bitcoin is still up since its release in 2009 😉.