Making profit with a bubble

[matchi2011]

When this happens the price can go down but it will recover but before it will recover may take sometime and that means delayed trade and stocked up cash, instead of waiting I consider to cash out to stay outside and wait for a time to go in.

Cash out definitely not an option for long term holder. I am glad and proud to say that I am one of them. All corrections and recovery are temporary in my view even such corrections are lasting for months to years. Moreover, I am afraid to stay outside because I do not want to miss out any rally which may happen beyond ATH or beyond my selling levels.

Making profits for me not a concern because I just plan for using bitcoins rather than converting them into my local fiats. All long term holders are already into profits hence any bubble or crash is least bothered.

Well, good to know that you really want to make use of bitcoin as a currency in the future and not just as a pure investment. And i think bitcoin will be able to perform its goal if it will also be used as a payment method than just simply using it as a means for investment.

However, i don't think that we are making profits from a bubble as bitcoin itself is definitely not a bubble. We are making profits because its really a potential investment and its always expected that it won't settle for any low value but more on a higher value. Bitcoin may be a bubble for some that any time it will burst but for us long term holders of bitcoin, we are not seeing it as a bubble so we're not threaten for any price corrections or price dumps.

People do have different opinions regarding to this venue of investment, there are still people around who thinks
and believe that Bitcoin still a bubble, they are losing their chance to grab the opportunities to earn using this system.
While for those who believe and continuing to support this industry, the bubble is the way to earn and to maximize
all the benefits bitcoin has.

It's your call whether to take the risk and make some decent money from this field of investment or continue
to fear and believe that this is just a bubble that anytime will end up losing your money.

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[jaberwock]

People do have different opinions regarding to this venue of investment, there are still people around who thinks
and believe that Bitcoin still a bubble, they are losing their chance to grab the opportunities to earn using this system.
While for those who believe and continuing to support this industry, the bubble is the way to earn and to maximize
all the benefits bitcoin has.

If anyone at this point is still believing that bitcoin is just a bubble and they are scared of investing money in it, just because they are still believing that it is a bubble, then I am really sorry for those people. There is really nothing you can do to convince them, if the twelve years of bitcoin has not been enough yet to convince them.

Seriously, what would you be telling such a person, because enough has already been and they still don’t want to believe, so what exactly would you do if not to just let them keep believing whatever it is that they would want to believe? This is not the first time people are saying that bitcoin is a bubble, it has been said several times and yet bitcoin has progressed. If anyone is too blind to see that, it’s their business.

[pgbit]

Everything in my opinion can happen in trading, predictions is a source of getting close to the problem in trading but didn't have a 100% accuracy in every and each prediction. So, always try to be realistic and don't depends mostly on these predictions, and another thing always learn by yourself and be experienced always.

[Oilacris]

I think it's hard to find a right time to put a short term position in the crypto market and even it's not like we could earn a good amount of time within few hours in crypto market we need patience and then we would see a huge hit on our income just put some money on the super potential coins and wait for it

Making out active trades is something hard to be done or wouldnt really be that simple and only active or day traders do really lieks to play with price volatility and this is something which cant really be handled easily.

If you could risk off and have some courage on taking some risk on a bubble situation then go ahead but how you would consider
a bubble time?

Its really hard to determine honestly.

[harizen]

Everything in my opinion can happen in trading, predictions is a source of getting close to the problem in trading but didn't have a 100% accuracy in every and each prediction. So, always try to be realistic and don't depends mostly on these predictions, and another thing always learn by yourself and be experienced always.

There are really people who are relying on predictions even those are unrealistic to happen. We always see that hodl to death scenario on some new projects. It's fine to rely 100% on predictions as long as there are lots of basis why we should believe in it.

Unfortunately, even for a project or coin that doesn't have any fundamentals, as long as it has created hype, it will create an unrealistic prediction that will make people FOMO and later on, wrecked.

[SmokerFace]

Ups & downs are part of the market and trading. We can't exactly predict what is going to happen in the future.
But we should not have any negative thoughts in the mind related to the trend.
All depends upon the trend of the market. You can make it profitable by putting all your efforts and making it correctly as requirements. But firstly we should have proper learning for any work.

[stadus]

It's just a matter of doing the right timing.

As long as you believe in yourself that you can be profitable, you should implement your strategy as the market behavior has not change yet and we can always refer to the past trends. The bull market is here but the bear market will take over anytime soon, therefore look for a strategy that is suitable for every market situation, that's the only way to survive and to be profitable.

[awik p]

Everything in my opinion can happen in trading, predictions is a source of getting close to the problem in trading but didn't have a 100% accuracy in every and each prediction. So, always try to be realistic and don't depends mostly on these predictions, and another thing always learn by yourself and be experienced always.

There are really people who are relying on predictions even those are unrealistic to happen. We always see that hodl to death scenario on some new projects. It's fine to rely 100% on predictions as long as there are lots of basis why we should believe in it.

Unfortunately, even for a project or coin that doesn't have any fundamentals, as long as it has created hype, it will create an unrealistic prediction that will make people FOMO and later on, wrecked.

indeed there is no 100% correct prediction, especially for new projects, this will actually be even more difficult to predict. many incidents of them being carried away by emotions and letting them turn to ashes, even though we can provide stop losses or reduce capital to invest, so we don't risk all the capital we have

[TheUltraElite]

Everything in my opinion can happen in trading, predictions is a source of getting close to the problem in trading but didn't have a 100% accuracy in every and each prediction.

Predictions dont get close to the problem. They just predict a price to buy or sell. It has nothing to do with problems and their solutions.

Also a 100% accurate prediction is not a prediction, it is called a fact. Hence they dont exist in a speculative market. You have to assume every prediction to be 50-50 before taking it.

So, always try to be realistic and don't depends mostly on these predictions, and another thing always learn by yourself and be experienced always.

If traders were realisitic then the craze for altcoins and then their successors and the current NFT, DeFi craze would never exist. You just have to deal with the fact that the co-traders are all crazy about unrealistic gains.

But to be safe, one should keep bitcoin as their biggest investment in cryptocurrency. If you got money to spare, go for fiat markets, dont waste it on hyped hyped crypto assets which have no future.