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Author Topic: Now the price is bullish  (Read 596 times)
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October 14, 2021, 05:39:46 PM
 #41


The more BTC goes up, the market becomes bloated. Today we see $57K suddenly jump down to $54K, it couldn't support this pump anymore.
This dump and pump is normal imo. And I think if btc does not pass behind 50k$ completely the bullish market will not over. It's true that the sudden dump does not support any good pump. but it will pump maybe it can take some times to that. And if it suddenly dump below 50k$ and keep the price below I think then we have to wait again for some months to see new ath.

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October 14, 2021, 06:14:51 PM
 #42

if your analysis is like that, because the new ath has not been formed and the market is experiencing a correction again, I also prepare it by selling some of the assets that I have, so that if the concern is true then my attitude can provide psychological comfort
I think we can expect something good in December or January  from whole crypto market, I am stil waiting for new ath in  bull run. Crypto market being recover i now it is time for waiting.       
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October 14, 2021, 08:03:17 PM
 #43

Usually this expecting for the next bull run only applies to the established and long run token like bitcoin, ethereum and other token listed in the top 10 token in coingecko and coinmarket cap, owning any of these token are worth hodling. Also, you will not going to be discouraged once you missed to take profit after a bull run because it is expected that next bull run will come however it is not precisely known when will it going happen again, so patient is a virtue here. Currently, the price of the major token are in bullish trend finally the market have had recovered from the recent price correction but still price corrections are coming in unexpected time.+
The reality is that bull run happens to almost any coin, I believe that we are going to see many other coins do well as well. I just do not believe that we are going to end up with something that is only top 10 when things go up, we are going to see many that will go up. Of course it could be done in a way that it would help everyone, but it is not going to be the only top 10 and not every single one, it will be something in the middle.

I can see few hundred coins reaching their ATH in the next bull run, there are 5k+ coins/tokens that we know in those lists, much more that did not get listed as well, so that means there will be 4k+ that will not break their ATH, but still a few hundred that did it, not just top 10. It is difficult to pick those few hundred, which is why people stick with the top 10 and that usually does bring profit in the long haul.

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October 15, 2021, 01:23:26 AM
 #44

Related to the price is on bullish... good initiatives are certainly needed, we have to think further ahead, and where our mindset here is really like being tested in terms of market trends for now and the next.
Especially in trading, preparation and preparation must be really prepared to face all possibilities that occur by continuing to keep pay attention to the market from time to time and the right coin to pick.
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October 15, 2021, 05:52:51 AM
 #45

Related to the price is on bullish... good initiatives are certainly needed, we have to think further ahead, and where our mindset here is really like being tested in terms of market trends for now and the next.
Especially in trading, preparation and preparation must be really prepared to face all possibilities that occur by continuing to keep pay attention to the market from time to time and the right coin to pick.
at a bullish time like this, of course in our minds we want to participate as soon as possible to get a profit as soon as possible, but our logic must play, so that we continue to analyze carefully, the risks and rewards so that we remain ready to face whatever will happen to the market.

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October 15, 2021, 01:33:38 PM
 #46

Bitcoin is back to strong this day and the price is almost closest to $60k and if there are no other problems, the price can reach $60k in the next few hours or tomorrow. Once the price is back to $60k, it could open more opportunities for the price to increase, but we must be careful because the correction will come again and the price will reach the high price. Maybe you can prepare yourself if you want to sell your bitcoin at your target price.
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October 15, 2021, 02:37:08 PM
 #47

Bitcoin is back to strong this day and the price is almost closest to $60k and if there are no other problems, the price can reach $60k in the next few hours or tomorrow. Once the price is back to $60k, it could open more opportunities for the price to increase, but we must be careful because the correction will come again and the price will reach the high price. Maybe you can prepare yourself if you want to sell your bitcoin at your target price.
well .. a lot of people have predicted it and the resistance lay at $63k , we might experience quire huge correction and multiple attempt to repeatedly test that resistance line. guess that im pretty worried that it wont ho there to over 63k easily.
Take some profit now, just in case .

early new year might become the turnover.

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October 15, 2021, 06:23:36 PM
 #48

Bitcoin is back to strong this day and the price is almost closest to $60k and if there are no other problems, the price can reach $60k in the next few hours or tomorrow. Once the price is back to $60k, it could open more opportunities for the price to increase, but we must be careful because the correction will come again and the price will reach the high price. Maybe you can prepare yourself if you want to sell your bitcoin at your target price.

Yup, it has crossed $61k last hour. Really its back on it bullish track. Hope its crosses its ever ATH in a day or two. I am sure there might be some correction  before it reaches $63k. Its again a good time for other top alts. We might see reasonable hike from alts tomorrow or on upcoming days. Its better to take profits now. Right time to see a turn over. Convert into a stable coin to be safer if in day trading.

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October 15, 2021, 07:17:19 PM
 #49

To be honest, the price is bullish now. Those who are already doing research have made good profits today. Their future is assured. But it will last for a long time. Every year there is an opportunity. Those who can use it are successful. And those who are lazy are unsuccessful.

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October 15, 2021, 07:52:32 PM
 #50

That's what you called being smart, if you will not take the opportunity now, you will regret it unless you are really here to HODL.

Volatility will remain regardless of the market condition, but a bullish market does not happen all the time, we are given a lot of time to make a profit and we should be thankful this year 2021 is bullish for bitcoin and crypto overall, however, if we get FOMO and just wait without a specific game plan, we will surely regret.
Taking profits now is only for the short sighted investors. We are clearly on a bullish trend here and this could go further, maybe even reach new ATH.

Of course, it is good to have an exit strategy but it is even better to have a flexible plan that allows for such growth...

FOMO is inevitable but this is all cyclical stuff anyway, and you can't run yourself short now by securing some small profit compared with the potential profit - though, this is just one opinion and it may not suit everybody but something to think about I suppose.
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October 15, 2021, 08:34:41 PM
 #51

I’ve been thinking about this for several months already. Probably a period of stagnation is coming like it was in previous years. So maybe it’s really time to think about stabilization. However, today BTC has almost achieved 62K. It was rather unexpectedly for me and I began to doubt. Then, my friend sent to me screenshot of some twit. I had found this twitter page, surfed though it and decided that maybe I should wait a little bit with stabilization. Hm..

https://mobile.twitter.com/100trillionusd - This is that twitter page.

Especially I liked this graphic: https://twitter.com/100trillionUSD/status/1406577006230245376?s=20
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October 15, 2021, 09:18:55 PM
 #52

That's what you called being smart, if you will not take the opportunity now, you will regret it unless you are really here to HODL.

Volatility will remain regardless of the market condition, but a bullish market does not happen all the time, we are given a lot of time to make a profit and we should be thankful this year 2021 is bullish for bitcoin and crypto overall, however, if we get FOMO and just wait without a specific game plan, we will surely regret.
Taking profits now is only for the short sighted investors. We are clearly on a bullish trend here and this could go further, maybe even reach new ATH.

Of course, it is good to have an exit strategy but it is even better to have a flexible plan that allows for such growth...

FOMO is inevitable but this is all cyclical stuff anyway, and you can't run yourself short now by securing some small profit compared with the potential profit - though, this is just one opinion and it may not suit everybody but something to think about I suppose.

What I see now is we will achieve a new ATH and it's not wise to exit already when bitcoin is about to create a new ATH. With a new ATH going to be achieved soon, I'm thinking of selling bitcoin at $70k as that's probably the next stop if it continues to be bullish.

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October 15, 2021, 09:22:00 PM
 #53

$62k price as of this writing and i have searched on whats the actual reason then this is the nearest one it seems.

https://www.cnbc.com/2021/10/15/bitcoin-is-inches-away-from-reaching-60000-amid-etf-speculation.html
https://www.reuters.com/business/finance/us-sec-poised-allow-first-bitcoin-futures-etf-bloomberg-news-2021-10-15/

Wont be surprised if we would be able to break its previous ATH and would make some new.
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October 15, 2021, 09:28:55 PM
 #54

This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.

If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage

Hopefully this kind of dominant situation of Bitcoin will soon caused other coins to be pulled from their respective resistance. Though there's a bearish fears, of course we should be aware of that possibility but we need to push towards the limits. Don't be hesitant on what you're about to achieve, price will be raging from time to time as unexpected things tend to exist further.
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October 16, 2021, 01:08:38 AM
 #55

if your analysis is like that, because the new ath has not been formed and the market is experiencing a correction again, I also prepare it by selling some of the assets that I have, so that if the concern is true then my attitude can provide psychological comfort
I think we can expect something good in December or January  from whole crypto market, I am stil waiting for new ath in  bull run. Crypto market being recover i now it is time for waiting.       

I also think the same, for this December it promises that many things can happen, however if we go to the S2F model many predict that it may reach $ 100k this year, based on that premise it is very likely that those small investments that are made in these moments with a target lower than the ulutmo ath at $ 64k, I interpret it as a very good investment.

This whole panorama can change, it can happen like in 2019 that we all expected it to reach a good price and what it did was go back, all these scenarios are very possible, but you have to be careful.

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October 16, 2021, 05:15:22 AM
 #56

This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.

If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage
Nothing Last forever and same is the case with bull run also as the market will always shift on both sides and there is nothing to worry in that case.This is bull cycle and you could make profits by selling your coins at peak and again buy them at dips.Enjoy both the sides but i am taking about btc only not other coins available in the market.We can't say of ourselves also and this is market only.So be smart and make your move wisely.

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October 16, 2021, 05:42:44 AM
 #57

at a bullish time like this, of course in our minds we want to participate as soon as possible to get a profit as soon as possible, but our logic must play, so that we continue to analyze carefully, the risks and rewards so that we remain ready to face whatever will happen to the market.
I believe that people who are smart enough already started to let go some instead of buying, however holding is fine as well, yet buying right now doesn't make sense because it is already high right now. You know what the problem with that is? If you end up buying when it is low and sell when it is high then you are not going to be able to make a profit when everyone else starts doing the same thing as well.

People need to sell when it is going down so that you would make a bit of a profit as well, otherwise the price wouldn2t drop. Think about it, if the price goes down, that means people are selling so when you say "buy low and sell high" there needs to be some people to make it low, and that means people sell when it is going down to make it low and hit the bottom. Same goes for the top as well because it is going up since people are buying at the top as well.

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kanayaTabitha
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October 16, 2021, 05:46:31 AM
 #58

This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.

If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage

How we could know when the bull is over and start to sell it to fiat, many successful people from cryptocurrency are a long time holder which generate multiple growth from it's invesment.
Back with the crypto principle, only invest the money that we can afford to lose. So when we invest, we planned to hold the coin for a long time.
But it's depends on the investors itself, there are the type of long holding investors but there are just a traders who take low profit from each trade
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October 16, 2021, 07:00:38 AM
 #59

This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.

If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage

Hopefully this kind of dominant situation of Bitcoin will soon caused other coins to be pulled from their respective resistance. Though there's a bearish fears, of course we should be aware of that possibility but we need to push towards the limits. Don't be hesitant on what you're about to achieve, price will be raging from time to time as unexpected things tend to exist further.
Right now, we see another bullish as we see bitcoin price can back to $61k and hopefully, that can trigger the price to increase more than now. Sooner or later, the price will break $64 as the last ATH and make a new ATH this year. But we have to be aware of the bearish because that will happen later after bitcoin reach its highest price. At this moment, we need to be ready to place our order sell in bitcoin trading because the chance for bitcoin price to increase still is wide open. Do not forget to close your trade if you can make a profit.

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October 16, 2021, 08:10:52 AM
 #60

Sounds like you really believe that the bear market is around the corner. Did you sell all your cryptos into stable coins already? In my opinion we are not close to a bear market. The opinion towards cryptos is still positive from many investors. Why should all these investors lose their confidence quickly? A big factor behind the current bear market is the rising inflation. Investors are lacking investment opportunities. Cash and bonds are a no go, the low interest rates makes them obsolete to hold. The only real alternatives are stocks, commodities and cryptos. Since stocks and commodities are close to their ATH the only real opportunities are in the crypto market right now. I am not taking any profit thus year. As long as I have fiat money I will always use that first to pay bills and other things.
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