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Author Topic: How do you manage Bitcoin price now  (Read 1100 times)
XCANA
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December 04, 2021, 10:24:31 PM
Last edit: December 05, 2021, 01:37:18 PM by XCANA
 #101

The bitcoin market tends to fluctuate. Sometimes the price can also be stable as was the case for this year. In managing the price of bitcoin you must have smart tricks, accuracy, and accuracy. You can try it by selling bitcoin when the price rises slightly from your initial capital. Even if the profit you get is small, it will be better than the loss.
Although what I all saying was that holders will not lose if they are patient but what you also said is true because what makes some traders to lose is because of greediness, but this is specifically about traders not holders. What makes some traders to lose is because they do not have a specific goals that can make them to make profit, one of the goals is certain just small amount they will win in a day and never trade again after wining the amount, but some will win it and continue to trade hoping to win more but later it turned to losses.

The price of bitcoin can not be stable, the volatility can reduce but the price will continue to fluctuate.
Very difficult to take out greed from the mind of every crypto currency traders, you can quote me anywhere brother. And this is not only applicable to traders alone but even those who buy and hold are not free from this same problem of being greedy as that has led many to lose more money in crypto currency trading and investment decision.
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December 06, 2021, 03:11:30 AM
 #102

The bitcoin market tends to fluctuate. Sometimes the price can also be stable as was the case for this year. In managing the price of bitcoin you must have smart tricks, accuracy, and accuracy. You can try it by selling bitcoin when the price rises slightly from your initial capital. Even if the profit you get is small, it will be better than the loss.
Although what I all saying was that holders will not lose if they are patient but what you also said is true because what makes some traders to lose is because of greediness, but this is specifically about traders not holders. What makes some traders to lose is because they do not have a specific goals that can make them to make profit, one of the goals is certain just small amount they will win in a day and never trade again after wining the amount, but some will win it and continue to trade hoping to win more but later it turned to losses.

The price of bitcoin can not be stable, the volatility can reduce but the price will continue to fluctuate.
Very difficult to take out greed from the mind of every crypto currency traders, you can quote me anywhere brother. And this is not only applicable to traders alone but even those who buy and hold are not free from this same problem of being greedy as that has led many to lose more money in crypto currency trading and investment decision.
something humane will always happen to someone because the desire to make more profit while there is an opportunity is very open, even though the opportunity will not always be sweet but actually bad things have happened. but that greed is inherent in everyone and how can you regulate self so that greed is not too excessive and can provide benefits later.

everything is returned to the behavior of each person in doing so that they are able to handle and control properly and that can be done if there is a desire.

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December 06, 2021, 10:07:46 AM
 #103

At this moment bitcoin is not stable
Bitcoin price has never stable and it will never stable because it is not a stable coins or USDT, so don't expect stability of Bitcoin even in time to come. Now to op, we may not see any new ATH before end of this year again because any moment people will start selling their holding for Christmas and new year celebration and that will lead to a downward trend of Bitcoin price.

Maybe we can see it trading sideways for a time being and that is what we are now looking at. The price is just bouncing around $48k-$49k and it's hard to go over the resistance of $50k.

So it's hard to manage bitcoin but just remain calm because we can't do anything about it but to wait till the market has enough good news to push the price over $50k this week. But so far, the Fed news and the Omicron variant is still in the air lingering that's why the price is somewhat on the 'stable' side.

 
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December 06, 2021, 11:31:33 AM
 #104

^^ Yeah, at least we have seen the price bounce back to $57k and hopefully it will not be another bear trap being set up by speculators and the run will continue and lead up to the next psychological barrier which is $60k. At least December will still be very bullish for us and who knows, we can still end the year at $70k-$80k with a huge green candle every week till the last week and then looking forward for another great year in 2022.
Were not sure but who knows, right? It is something to think and says it was a bear trap for those who never invest at this price and waiting for more drops. We could predict that next year will be for another great year of Bitcoin and that seems possible since the adoption continues making huge demand at the same time.
Once the market breaks for another new ATH $80k, we could think it was easier to reach $100k also. I'm very positive about the incoming but then, it has no way to expect much. 
All the topics that I have read regarding BTC speak the same, nobody knows for sure what it can stop, some say it is a bear trap, but when reviewing the volume it is difficult because I see orders at $ 58k and I do not see more orders up , in fact the orders that I see down reach $ 52k, whatever direction BTC takes, I do not think it will fall below $ 50k, and as they are waiting for December to arrive to see the market behavior it is likely that we will have a possible new ATH at the most anticipated price of $ 100k or even more, but it is all a matter of waiting, it is mere speculation.

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December 06, 2021, 05:24:44 PM
 #105

At this moment bitcoin is not stable
Bitcoin price has never stable and it will never stable because it is not a stable coins or USDT, so don't expect stability of Bitcoin even in time to come. Now to op, we may not see any new ATH before end of this year again because any moment people will start selling their holding for Christmas and new year celebration and that will lead to a downward trend of Bitcoin price.

Right now the bitcoin selling trend may still be high in the market, because some people will certainly need money at Christmas and New Year's celebrations later like you say, so that a bigger selling action than demand will make the bitcoin price bearish, I'm also very sure if later we will see bitcoin will return to a positive track as it enters 2022 and hopefully we will see bitcoin price break its highs so far.
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December 06, 2021, 11:30:28 PM
 #106

At this moment bitcoin is not stable
Bitcoin price has never stable and it will never stable because it is not a stable coins or USDT, so don't expect stability of Bitcoin even in time to come. Now to op, we may not see any new ATH before end of this year again because any moment people will start selling their holding for Christmas and new year celebration and that will lead to a downward trend of Bitcoin price.

Right now the bitcoin selling trend may still be high in the market, because some people will certainly need money at Christmas and New Year's celebrations later like you say, so that a bigger selling action than demand will make the bitcoin price bearish, I'm also very sure if later we will see bitcoin will return to a positive track as it enters 2022 and hopefully we will see bitcoin price break its highs so far.
When it comes to holiday season then we could really presume that there would be some selling but in some people believed that there would be some

buying because back in the past we've seen a bull run on this year end month situation which people do really have that belief that it might
happen again thats why whenever we do approach year end then these kind of threads and speculations do normally comes out.

Bitcoin price could potentially able to reach new ATHs or could make out some crash or deep correction.

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December 06, 2021, 11:31:44 PM
 #107

At this moment bitcoin is not stable
Bitcoin price has never stable and it will never stable because it is not a stable coins or USDT, so don't expect stability of Bitcoin even in time to come. Now to op, we may not see any new ATH before end of this year again because any moment people will start selling their holding for Christmas and new year celebration and that will lead to a downward trend of Bitcoin price.

Right now the bitcoin selling trend may still be high in the market, because some people will certainly need money at Christmas and New Year's celebrations later like you say, so that a bigger selling action than demand will make the bitcoin price bearish, I'm also very sure if later we will see bitcoin will return to a positive track as it enters 2022 and hopefully we will see bitcoin price break its highs so far.
Yeah, we are still positive despite the current situation.
This is not the first time we've been in this situation and we can get through this. Only we need to be calm and don't let our emotions control our minds. Coz at the moment where people got panic and dump their Bitcoin, that surely it affects the trend and drives the market to dump more. If we can manage to control this, then we could think that the market will be able to recover faster.
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December 06, 2021, 11:51:29 PM
 #108

By the current market situation of bitcoin if an investor are just invested for a short term investment then I guess before the bitcoin's price corrected he must already sold his btc on the high price.
Each investor has their own target, we don't know what his target is. If it is short-term, what you said is true, better to sell the Bitcoin before more correction. I doubt if he already sold their BTC, I guess he still holds his BTC till the next year. He may have a big target to sell their BTC, may be above $100k.  Undecided
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December 07, 2021, 07:29:10 AM
 #109

My strategy is simple, when the market drops 3% then I immediately move to a stable coin like USDT, usually if the market has dropped 3% it will continue and I'm glad I didn't lose too much when the bitcoin market fell more than 15% 2 days ago, and when I saw the price go up at least 2% so I immediately buy bitcoin.


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December 07, 2021, 09:08:13 AM
 #110

I believe that it is always better to be patient especially for short-term investments. But as for the long term ones, you can buy at any level you would like. The most important part there is to set a price goal for selling a certain amount when you reach the goal. Otherwise, there is no stop point for anyone. And this can cause very worrying situations to happen.
although long-term investment of course buying at a low price is much better because it affects how much profit we get when the target is achieved. buying when the price is high as it is now has a very high risk because the current bitcoin price is still not far below ATH. I think if you want to invest long term, buying when the market is bearish like what happened in May and June is much better than buying now.

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December 07, 2021, 10:10:28 AM
 #111

At this moment bitcoin is not stable
Bitcoin price has never stable and it will never stable because it is not a stable coins or USDT, so don't expect stability of Bitcoin even in time to come. Now to op, we may not see any new ATH before end of this year again because any moment people will start selling their holding for Christmas and new year celebration and that will lead to a downward trend of Bitcoin price.

Right now the bitcoin selling trend may still be high in the market, because some people will certainly need money at Christmas and New Year's celebrations later like you say, so that a bigger selling action than demand will make the bitcoin price bearish, I'm also very sure if later we will see bitcoin will return to a positive track as it enters 2022 and hopefully we will see bitcoin price break its highs so far.
When it comes to holiday season then we could really presume that there would be some selling but in some people believed that there would be some

buying because back in the past we've seen a bull run on this year end month situation which people do really have that belief that it might
happen again thats why whenever we do approach year end then these kind of threads and speculations do normally comes out.

Bitcoin price could potentially able to reach new ATHs or could make out some crash or deep correction.
Large and small demand and supply are the main factors in the price of bitcoin in the market, so in this case maybe the big whale is the actor behind everything that is happening to bitcoin besides fud and also the good news , bitcoin is currently experiencing a decline of almost 40% from all time high (ATH) which was reached on November 9, 2021, and it is very difficult to say whether bitcoin will soon reach a new ATH point or maybe we will need a little longer to see bitcoin rise again.
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December 07, 2021, 10:33:58 AM
 #112

I will say the market has no direction now and so far we have seen a new ATH even if this is the highest Bitcoin can go for the year it's still a good profit for patient holders. To you how would you manage the price of Bitcoin now will you still risk the market or patiently wait for a new break-out on either side of the trend?
Bitcoin has reached ATH 2x this year I think it's very extraordinary and now the price is back the correction is not too deep I think it's very reasonable, I as a Bitcoin holder really believe although not in this year Bitcoin will again reach its latest price peak in the not too distant future.

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December 07, 2021, 12:20:55 PM
 #113

My strategy is simple, when the market drops 3% then I immediately move to a stable coin like USDT, usually if the market has dropped 3% it will continue and I'm glad I didn't lose too much when the bitcoin market fell more than 15% 2 days ago, and when I saw the price go up at least 2% so I immediately buy bitcoin.
This kind of strategy is a pretty good strategy in dealing with market conditions like today, but its implementation is quite complicated because you have to monitor market conditions all the time.  I used to use this kind of strategy and it was quite effective in dealing with very sensitive market conditions like today, but recently I changed to the long-term strategy because I have some busyness that makes it impossible to monitor market conditions all the time.

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December 07, 2021, 07:59:32 PM
 #114

At this moment bitcoin is not stable
Bitcoin price has never stable and it will never stable because it is not a stable coins or USDT, so don't expect stability of Bitcoin even in time to come. Now to op, we may not see any new ATH before end of this year again because any moment people will start selling their holding for Christmas and new year celebration and that will lead to a downward trend of Bitcoin price.

Right now the bitcoin selling trend may still be high in the market, because some people will certainly need money at Christmas and New Year's celebrations later like you say, so that a bigger selling action than demand will make the bitcoin price bearish, I'm also very sure if later we will see bitcoin will return to a positive track as it enters 2022 and hopefully we will see bitcoin price break its highs so far.
When it comes to holiday season then we could really presume that there would be some selling but in some people believed that there would be some

buying because back in the past we've seen a bull run on this year end month situation which people do really have that belief that it might
happen again thats why whenever we do approach year end then these kind of threads and speculations do normally comes out.

Bitcoin price could potentially able to reach new ATHs or could make out some crash or deep correction.
Large and small demand and supply are the main factors in the price of bitcoin in the market, so in this case maybe the big whale is the actor behind everything that is happening to bitcoin besides fud and also the good news , bitcoin is currently experiencing a decline of almost 40% from all time high (ATH) which was reached on November 9, 2021, and it is very difficult to say whether bitcoin will soon reach a new ATH point or maybe we will need a little longer to see bitcoin rise again.


Why is it difficult? We will be able to see a new ATH point in about 4 years, when the next growth cycle begins.  Smiley

It seems to me that the bitcoin is already exhausted in this race. Looking forward to the next.

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December 09, 2021, 09:34:15 PM
Last edit: June 12, 2023, 12:25:55 AM by STT
 #115

From Nov 19th forward we were stuck in a range until it broke out of that range negatively.   Now price action is lower and trying to turn around, the bottom price right now is on top of the negative trend since ATH and so long as we remain above that trend there is hope of an immediate recovery this year.    It might take us moving sideways or even lower and much more time to recover otherwise

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December 10, 2021, 08:55:52 AM
 #116

after hitting the new ATH the bitcoin price didn't drop too deep which means it's good enough to be able to get back to its new highs again. since Bitcoin reached its first ATH this year I see the market price has not corrected too deeply so a few months later Bitcoin reached a new ATH for the second time this year. I think with the current price being between 45-50k it is very possible to return to its peak price, I believe it. So I advise not to panic sell your Bitcoins when the market is down because of the rapid price movement that has been happening lately.

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December 13, 2021, 02:40:35 PM
 #117

I'm sure bitcoin is still promising, I suggest it's better now to buy it in installments. It means saving by buying from the smallest
This can use several strategies, can save in installments, and also wait for the wave of the crypto price

I believe the current decline in bitcoin is still within reasonable limits, especially since it has happened in recent years.

But this market movement is still within reasonable limits and the crypto assets themselves, especially those with large capitalizations, also have broad use cases, and are still promising for long-term planning. If we look at history, it is possible to return to a bull run around April 2022.
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December 13, 2021, 03:35:50 PM
 #118

The easiest thing I do when I see a red market is more than 5% is immediately move to USDT or BUSD, by moving bitcoin to a stable coin it can reduce losses, this is a technique that I have been doing since 2 years ago and has been proven to reduce risk.
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December 14, 2021, 01:45:17 PM
 #119

The easiest thing I do when I see a red market is more than 5% is immediately move to USDT or BUSD, by moving bitcoin to a stable coin it can reduce losses, this is a technique that I have been doing since 2 years ago and has been proven to reduce risk.
it seems like moving bitcoin to a stable coin after the bitcoin price drops 5% is a bit too late as the 5% price drop for bitcoin includes a pretty deep price drop. but even so this kind of strategy is actually quite effective, but you have to determine the right point to buy again so as not to get caught in the bull trap.

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December 16, 2021, 01:02:24 AM
 #120

My strategy is simple, when the market drops 3% then I immediately move to a stable coin like USDT, usually if the market has dropped 3% it will continue and I'm glad I didn't lose too much when the bitcoin market fell more than 15% 2 days ago, and when I saw the price go up at least 2% so I immediately buy bitcoin.

How do you manage that strategy, guys?
will you know if the price of bitcoin will suddenly go up or down.?
As the current market conditions are red, what do you do I want to try like you.
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