Making profit with a bubble

[Silberman]

It has to admit that we use to take advantage of the situation and having this volatility makes traders become profitable but somehow, it is also the reason for new traders to lose. This is how important to have TA, a sort of market analysis that could help to identify when to buy and when to sell. Of course, it won't be 100% accurate due to the unpredictable market but at least, we have some basis, and sometimes it works actually. But even without using TA, if we are able to use our common sense, we probably know that buying during the bullish season corresponds to higher risk as well which it was most prepared to start during the bear season.

The issue is that what we call common sense in the markets is in fact not so easy to acquire and you need some experience to begin to develop it, so newbies that come here without any strategy and without common sense lose their money relatively quickly as they are unable to grasp the realities of the market, it is not until they go thought several hardships they begin to understand the markets but by that time they have lost so much of their capital they are unable to apply those lessons.

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[MIner1448]

The cycle of the bull run will really come to an end sooner or later, in fact, this bubble will burst one day and all traders or investors who do not foresee the dump may end up at the very bottom with their minus wallets, I believe that it is necessary to consolidate profits and do this is necessary as often as possible, so as not to regret the lost benefit later, even if it is minimal, but at least it will be.

[smartaction]

Future trades are very risky. If you take a Long/Short entry, you must have confidence in the token that it will increase or decrease. If you make a wrong decision, all your dollars will be zero. Future trades can easily make a person poor to rich and and can easily make rich to poor. It's like gambling . So it would be better if you do not use it

[bamb]

Things do change very fast in cryptocurrency. History of cryptocurrency market have shown sudden dip in price of bitcoin after new ath. I hope bitcoin will still reach new ath before the year runs out. If you however have profit on your coin, you should book those profit!

[AicecreaME]

The thing is, nobody knows what's gonna happen next in the market, you don't even know if it is really a bubble or not. The recent bullrun and ATH of Bitcoin is very unpredictable as always, you never know when it'll drop or when it will rise up again to make another ATH.
The only thing we could do to make profits is to follow the trend, you don't want to do the opposite because for sure, you're gonna lose your money.

[geegaw]

For me making short position and sell off if you already have good profits is the best strategy in my personal opinion wherein to prevent massive dump from the bubble. Because instead you can make profits in it there's a chance of massive losses if you just riding your greediness.. Better to be smart because all the hypes in the market didn't last wherein its more on correction than ups remember that, and lastly its always good to take the opportunity than missing it..

Not going too much greedy will help you to enjoy riding with the bubble, there are many cases where traders
get too much greed and instead of riding with profits, they ended up losing their money; you need to be
quick when you see that you already gain from your investment, it's a tough call to make, but better to have
a little profits than suffer from a great loss when massive dump start to show, you can't avoid that quick
fall and most of the time it's a hard one after the pumped.

Even if you don't go with the flow of greed and design for goals that are not excessive, riding a bubble is not necessarily going to be as smooth as it is intended because the market bubble will give you an unfair outcome, within a bubble there are always stop loss scanners in the market, we almost didn't have time to make a small profit, got stuck with such scanners and repeatedly several times is enough to cause inhibition, once actively ignored, the bubble will be more inflated. Current traders rarely work with bubbles, they work on projects and hold them with perseverance and stand in potential positions.

[FanEagle]

The only thing we could do to make profits is to follow the trend, you don't want to do the opposite because for sure, you're gonna lose your money.

Following the trend will definitely ensure less risks compared going for shorting. Basically Bitcoin is designed to have huge value over the time hence if you are trying to go shorting you then you may get trapped in between.

For example, the current bull trend is expected to last for more months than the previous such bull runs. So, going for shorting by end of this year definitely will lead to get trapped in between if this current bull run will continue in 2022 also. Only if your technical suggesting to go for shorting then you may go for it otherwise just trading along with the trend will help to make profits in bitcoin trading.

I never prefer going for shorting because I am a long term holder even some of my friends are already into derivative trading and they are doing well as per they claim and I am also happier with my long term method of trading.

[Emitdama]

Following the trend will definitely ensure less risks compared going for shorting. Basically Bitcoin is designed to have huge value over the time hence if you are trying to go shorting you then you may get trapped in between.

Yes, trading bitcoin along with its trend is basically having multiple reasons because bitcoin will be appreciating all the time due to its limited supply so we need to check for fundamental before trading any asset and this way bitcoin is highly suitable for or long term holding and definitely not for shorting.

Shorting might be profitable for some people but it is profitable only for certain timing because bitcoin is not into bearish mode for more than one year in its 4 year cycle which is usually triggering by bitcoin network's halving event.

[jaberwock]

The issue is that what we call common sense in the markets is in fact not so easy to acquire and you need some experience to begin to develop it, so newbies that come here without any strategy and without common sense lose their money relatively quickly as they are unable to grasp the realities of the market, it is not until they go thought several hardships they begin to understand the markets but by that time they have lost so much of their capital they are unable to apply those lessons.

What they are failing to understand is that market is an ever moving and emotionless place. They believe that it is like nations or citizens or public or communities and so forth where there could be something wrong and people could still defend it and achieve it. Market is the place where the right thing happens each and every time because it is money that we are talking about so the result is always what should be happening anyway.

There is no "it should have been higher but went low", if it should have been higher then it would have been higher, if it is lower than it should be lower, there is no other way around it, if we are the ones with money and we make the decisions then our decisions are the last call and nothing on top of that could be said. This ruthless sharp situation doesn't sit well with many people who haven't done it before.

[Oilacris]

The thing is, nobody knows what's gonna happen next in the market, you don't even know if it is really a bubble or not. The recent bullrun and ATH of Bitcoin is very unpredictable as always, you never know when it'll drop or when it will rise up again to make another ATH.
The only thing we could do to make profits is to follow the trend, you don't want to do the opposite because for sure, you're gonna lose your money.

You could only determine if its a bubble when its already happening but determining on those early phase then its really impossible to point out which means its a matter of risk taking on making out decisions whether you do secure out a position or wait up even a little more.

Due into this very unpredictable market then its really hard to say if we do have a real bull run or would have some sort of  bubble because of some hype?

So its  a matter of choice when it comes to these kind  of decisions and this is where people do really differ in relation to this.

[agustina2]

I'm not trying to predict the future, I'm just trying to be honest myself considering that this cycle will come to an end (as always did before), but that could represent an opportunity too, for instance, with a short position opened at the right time (I know that I could appear like a complete fool who is trying to imitate Michael Burry in 2008).

What's your idea about that?

Just go with the waves and wait for the upcoming trend. We already witnessed the continuous cycle of bull and bear over the years. We must know what things should be done once the bubble pops out again and we go back to the red market. People also have to be ready that there might be a time again we can witness a bloodied market even how strong we see it today.

Once it happened, take the opportunity to buy again and don't hesitate.

[BuNga_cute]

I'm not trying to predict the future, I'm just trying to be honest myself considering that this cycle will come to an end (as always did before), but that could represent an opportunity too, for instance, with a short position opened at the right time (I know that I could appear like a complete fool who is trying to imitate Michael Burry in 2008).

What's your idea about that?

Just go with the waves and wait for the upcoming trend. We already witnessed the continuous cycle of bull and bear over the years. We must know what things should be done once the bubble pops out again and we go back to the red market. People also have to be ready that there might be a time again we can witness a bloodied market even how strong we see it today.

Once it happened, take the opportunity to buy again and don't hesitate.

The bloody market will surely repeat itself where the prices of all coins experience a deep enough decline. Because it is impossible for the market
to always be bullish as it is now, we can learn from market movements over the past 12 years. There will always be alternating bullish and
bearish cycles, we must be able to make the right decisions if this happens. We don't panic when it's bearish, it's an opportunity for us to buy coins
at low prices. And don't be too greedy when we enter a bullish trend, immediately take profit if we have already reached the target we previously set.
Delaying taking profit will only make our opportunity to make profit disappear, because if the market suddenly dumps we will regret it.

[Shenzou]

The problem with most people who invest or trade bitcoin is that they don't have an exit plan, i does not matter if they get in early or get in late, they always get greedy once they see the price rise and don't take their profit while they are still green, so whether its a bubble or not they get caught up in the trend and don't set goals, sure the crypto market is hard to predict and there are always ups and downs but trends can be easy to follow but the key is to stay calm and not to get greedy and have a set goal.

[EdenHazard]

The thing is, nobody knows what's gonna happen next in the market, you don't even know if it is really a bubble or not. The recent bullrun and ATH of Bitcoin is very unpredictable as always, you never know when it'll drop or when it will rise up again to make another ATH.
The only thing we could do to make profits is to follow the trend, you don't want to do the opposite because for sure, you're gonna lose your money.

moreover there is a lot of glitch waiting ahead ...

like a shock drop down to 99% within a couple minutes and backup to 99% up  sweep all those long/shorter ...
future trading arent for you who loved to go allin , future trading are for those who watching the price the chart closely and knows the momentum. thats not easy and full of risk.

[ene1980]

Things do change very fast in cryptocurrency. History of cryptocurrency market have shown sudden dip in price of bitcoin after new ath. I hope bitcoin will still reach new ath before the year runs out. If you however have profit on your coin, you should book those profit!

Depending on the coin you invested you can take your profit, there are several hype coins that are rallying left and right and there is nothing wrong in booking your profit. But if your investment is in Bitcoin or other top coins, you need to have the patience to analyze the market and i am expecting a rally before the major correction and if you could time that then you will make a bigger profit.

[LastKiss]

We all know that this upward move won't last forever, even if a real spot ETF is gonna be approved (that would cause another big rise, in my opinion), one day we will reach an unsustainable point of extreme overvaluation and a single fundamental event will trigger a huge dump.


I'm not trying to predict the future, I'm just trying to be honest myself considering that this cycle will come to an end (as always did before), but that could represent an opportunity too, for instance, with a short position opened at the right time (I know that I could appear like a complete fool who is trying to imitate Michael Burry in 2008).


What's your idea about that?

Yeah this uptrend wont last forever tho but still u can get opportunities by trading short term with big risk because this uptrend can end anytime, Since a lot new people know about crypto in my place I thought that's one of many reasons this uptrend continue but not all of them enjoy their profit, not a little people complain about crypto volatile and forced them to hold until the price recover or create a big dump.

[suzanne5223]

We all know that this upward move won't last forever, even if a real spot ETF is gonna be approved (that would cause another big rise, in my opinion), one day we will reach an unsustainable point of extreme overvaluation and a single fundamental event will trigger a huge dump.


I'm not trying to predict the future, I'm just trying to be honest myself considering that this cycle will come to an end (as always did before), but that could represent an opportunity too, for instance, with a short position opened at the right time (I know that I could appear like a complete fool who is trying to imitate Michael Burry in 2008).


What's your idea about that?

Yeah this uptrend wont last forever tho but still u can get opportunities by trading short term with big risk because this uptrend can end anytime, Since a lot new people know about crypto in my place I thought that's one of many reasons this uptrend continue but not all of them enjoy their profit, not a little people complain about crypto volatile and forced them to hold until the price recover or create a big dump.

A lot of people joining cryptocurrency investment in your geographical area is not the reason why Bitcoin keep its uptrend momentum and the only major reason why Bitcoin is still on uptrend now is because the humpback whale and the whales did not dump their holding. Understand that a single humpback holding surpasses all the holding of the people in your geographical area but I expect the market to experience a big dump in price before the end of this month.

[coinfinger]

The problem with most people who invest or trade bitcoin is that they don't have an exit plan, i does not matter if they get in early or get in late, they always get greedy once they see the price rise and don't take their profit while they are still green, so whether its a bubble or not they get caught up in the trend and don't set goals, sure the crypto market is hard to predict and there are always ups and downs but trends can be easy to follow but the key is to stay calm and not to get greedy and have a set goal.

I am also having similar type of opinion like for long term bitcoin trading, definitely we do not need any exit plan because bitcoin is always into bullish trend so you can make the maximum benefit if you continue your holding.

It means you will never need to go for selling your bitcoins but you can use it in your real time to enjoy the maximum benefit out of your bitcoin investments. People who are selling right now maybe regretting later for their decision of not continue their holding. To avoid such regret it will be a better decision to continue our holding.

[tulusikhlas]

A lot of people joining cryptocurrency invest in at geographical area is not the reason why Bitcoin keep its uptrend momentum and the only major reason why Bitcoin is still on uptrend now is because the humpback whale and the whales did not dump their holding. Understand that a single humpback holding surpasses all the holding of the people in your geographical area but I expect the market to experience a big dump in price before the end of this month.

But also not a few people who join cryptocurrency just follow the hype. As at the time of the cryptocurrncy pandemic, its adoption growth increased. Due to the economic boost, it saves finances from inflation and also secures finances from tax chases. In this case, taking profits during the bitcoin rally is very unlikely to take short-term profits. As much as possible be patient and not easily carried away by market conditions. At the time of the rise in bitcoin, a few days later altcoins joined the rally and at this time a big correction may have come or wait for the end of the year.

[nur rochid]

A lot of people joining cryptocurrency invest in at geographical area is not the reason why Bitcoin keep its uptrend momentum and the only major reason why Bitcoin is still on uptrend now is because the humpback whale and the whales did not dump their holding. Understand that a single humpback holding surpasses all the holding of the people in your geographical area but I expect the market to experience a big dump in price before the end of this month.

But also not a few people who join cryptocurrency just follow the hype. As at the time of the cryptocurrncy pandemic, its adoption growth increased. Due to the economic boost, it saves finances from inflation and also secures finances from tax chases. In this case, taking profits during the bitcoin rally is very unlikely to take short-term profits. As much as possible be patient and not easily carried away by market conditions. At the time of the rise in bitcoin, a few days later altcoins joined the rally and at this time a big correction may have come or wait for the end of the year.

after a new ath occurs, it may be followed by a correction, therefore we must be careful when making short-term trading, greed in taking profits is not recommended, because at any time the arket can reverse direction and we can get hit mentally. therefore it would indeed be better to adhere to the previously established strategy