joaoenmanuel (OP)
Newbie
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September 05, 2021, 04:28:37 PM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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September 05, 2021, 10:10:38 PM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
Accumulation time is much better last month. Why only today do you consider doing some buying when the uptrend is currently in effect. But don't worry, there's no late here like anyone else and no need to buy a whole fraction. If you really want to hoard some coins, then just buy today without hesitation and do it straight forward. I hope you will really do it and not just posting a simple statement on this thread.
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speedforce
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September 05, 2021, 11:38:57 PM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
I dont really understand whats you mean, if you expect the weaker support will be, than its expected to be more drop and we shouldnt accumulate on that support anymore. And secondly u mention about coin will you short, did u mean u want to short the support to gain profit and accumulate in the next new support area?
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flip4flop
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September 05, 2021, 11:40:52 PM |
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I think its about the opposite. We were in accumulation time weeks ago before the whole mini bull run started. If anything we should be taking profits and trimming some holdings as we hit or approach new all-time highs on many altcoins. Once we start to see support being lost identifying key levels and slowly starting to accumulate again.
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Scripture
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September 05, 2021, 11:58:23 PM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
Accumulation time was already done 4 months ago because those time are the cheaper price and now, the market is getting expensive again so buying might be too risky. I always hold for long, shitcoins are meant for short playing but with the top options, i prefer to hold until next bull run.
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MoisesTFX
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September 06, 2021, 07:08:33 AM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
Of course, this is true since on certain occasions it makes a lot of sense the same in $ DIVI it is another issue where their numbers rise to another level
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cryptoaddictchie
Legendary
Online
Activity: 2198
Merit: 1323
Fully Regulated Crypto Casino
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September 06, 2021, 07:48:53 AM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
Thats gonna be hard to tell which one is good to short nut if we based it on technical analysis I think some inactive chain such as tron, eos and some that arent creating traction nowadays are the best one to accumulate. If they ever build something like correlated to nft or solana and avax then they could be a game changer later on. Who knows. Im thinking also xlm and xrp.
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KaliLinux
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September 06, 2021, 07:50:28 AM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
I don't understand if you have not been doing that Accumulation since back before 21 July, I believe you most have well missed out on some good opportunities to buy in at a better lower price. Investors forget that it is better to buy when the price is going down or down than when it is going up even though I must agree that in Bitcoin investing, anytime can still be a good time to invest. And talking of shorting, do you really think this market looks good for shorting?
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cabron
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September 06, 2021, 08:14:52 AM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
Since you expect people to dump the coins, you better be the first to have dumped it when it hit its ATH. So far Bitcoin breaks that $50K resistance level today and altcoins normally also going to the moon when that takes place. Because BTC is rising, do you think it's best to trade Altcoin/BTC than Altcoin/USDT? I have this in mind when I saw BTC goes more than $51700 while altcoins price are not rising.
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Kusman
Member
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Activity: 756
Merit: 17
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September 06, 2021, 08:21:27 AM |
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It has been a long time since the accumulation time came actually. Let's take Ethereum as an example. Nearly two months ago, Ethereum price was around $1.7k. If you invested into it then, you would have got more than two times your money now. But I still support that one should think of investing into a coin every time. Because we never know what will happen when. And I'm supporting this idea considering a long-term investment.
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Beparanf
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September 06, 2021, 08:30:50 AM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
It's true but sometimes it usually turns into a bullish signal like double bottom or multiple bottom. I don't know why you are shorting while Bitcoin and general market is already on an uptrend signal. Maybe it's profitable to short for short term but you might lose a lot if your timing is bad. Buying and holding a coin is a good strategy on this accumulation phase. Try to watch out on project that affiliated to Solana like Serum and Ray. They will surely pump hard once the strong uptrend move.
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michellee
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September 06, 2021, 09:21:37 AM |
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If we talk about accumulation, that time was already late as the price increases. But you can still accumulate many coins, especially bitcoin, by buying now and hold them. But you should not worry or be afraid if you see the price will go down as that will be the correction coming to the market and it will always happen. I suggest you accumulate bitcoin and the other potential altcoin and not try to accumulate the new coins/tokens that we do not know if those coins/tokens will increase.
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passwordnow
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September 06, 2021, 09:36:33 AM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
You seem to be late but however, it's always a good time to accumulate with the cryptos that you believe that has a great future. There might be some people that looks at the price of most cryptos today as expensive but that's how the market matures. And you'll see more from this market if you don't accumulate on your own. There is no need for anyone to tell if it's already the accumulation time but just be firm and make your own plan of a continuous accumulation.
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btc_angela
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September 06, 2021, 10:29:01 AM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
Accumulation time is over, I think the last best time is around April-May, when almost all of the coins are trading sideways, maybe except for those pump and dump coins. Coins today like ADA, ETH, BNB have increased dramatically, 50% or more in the last 3 months or so. And why would you short coins that you wanted to accumulate? On the contrary, you have accumulated it already, why not wait for the right time for it to go high again?
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avarnet
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September 06, 2021, 10:31:07 AM |
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We discussed talking about accumulation, that time has passed because the price has increased again, but we can still collect a lot of other coins so in bulk we will release with higher selling values like BTC is still good, so we don't need to collect new coins that we don't know what will happen in the future
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Judrob
Jr. Member
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Activity: 58
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September 06, 2021, 12:08:29 PM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
This is the right time to diversify your portfolio. I've already taken advantage of the current dip and accumulated some of my top fave coins like ETH, ADA, LTC and XRP. I also allocated some of my budgets to XSN from which I can see a big upswing coming very soon.
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deathcode
Copper Member
Sr. Member
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Activity: 1428
Merit: 253
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September 06, 2021, 12:13:44 PM |
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I will not deduct from the assets I own. because as I see, the market is still showing a good trend to hold and trade. and there is nothing to worry about because I hold the asset for the long term. although some are for day trading and I always keep them in stable coins.
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Jackl87
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September 06, 2021, 12:27:50 PM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
Accumulation time is a very subjective term in my opinion. I personally have a very hard time to buy BTC and ETH maybe in a few weeks for 48k per BTC or 3.5k per ETH just because it dumped a bit in comparison to the weeks before, because a few months or years ago i could have bought BTC for under 10k and ETH for under 1k $. I am also not so sure if really see a correction so soon, i mean we are still a good chunk away from the ATH of BTC and still a little 200 bucks per ETH away from it's ATH from back in may. Of course a small correction can happen anytime out of nowhere but i don't see a majo price drop of >10% in the near future.
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Ziskinberg
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September 06, 2021, 01:12:01 PM |
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The more we touch a support level, the weaker the support will be. Accumulation time is coming guys. Additionally, which coin will you short? Me: I short coins that I want to accumulate
Accumulation time is a very subjective term in my opinion. I personally have a very hard time to buy BTC and ETH maybe in a few weeks for 48k per BTC or 3.5k per ETH just because it dumped a bit in comparison to the weeks before, because a few months or years ago i could have bought BTC for under 10k and ETH for under 1k $. I am also not so sure if really see a correction so soon, i mean we are still a good chunk away from the ATH of BTC and still a little 200 bucks per ETH away from it's ATH from back in may. Of course a small correction can happen anytime out of nowhere but i don't see a majo price drop of >10% in the near future. If we have a hard time deciding to buy Bitcoin before as we are afraid it dumps, it was the same thing we have to feel this time. Bitcoin price will certainly it goes high but as usual, correction is a part of its journey and we can't just be too emotional otherwise it all we live in worries and uncertainty. I invest in Bitcoin during the correction and it needs some patience and we need to check the market from time to time for an update, or else, we have to miss this chance. Maybe OP is trying to tell that huge correction will come in the coming days but I'm not sure. Well, anyway, we have to wait for that as I know that OP isn't sure as well.
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crzy
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September 06, 2021, 01:19:26 PM |
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The accumulation time has already passed. What is the point of buying at current prices if you could have bought much earlier and much cheaper? Now is the time when you need to fix your profit a little and if it is not there then you do not need to try to jump into the departed carriage.
This is very normal, some investors are not coming in on a red market, they are too scare on that and they will just buy if the market recovers and now, they are rushing to buy again and join the trend this is also why many are trap on top because they don't know how to timing the market properly. If you are going to buy right now, you might not have good profit if the market starts to correct again, I don't accumulate that much in an uptrend, I wait for the price to go down again and when people started to fear, that's the best time to buy.
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