Looper_U (OP)
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December 23, 2021, 09:52:46 AM |
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If BTC manages to pull off another good price surge just be ready to pull some profits because that could be the last surge to unlocking the real bear market that everyone thinks it's never going to happen again, we seem to be too forgetting, when bull market comes it always feel like it's here to stay and when bear market comes it always feel like it's the end, don't get too carried away
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aioc
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December 23, 2021, 12:47:19 PM |
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If BTC manages to pull off another good price surge just be ready to pull some profits because that could be the last surge to unlocking the real bear market that everyone thinks it's never going to happen again, we seem to be too forgetting, when bull market comes it always feel like it's here to stay and when bear market comes it always feel like it's the end, don't get too carried away
That's newbie thinking and if you have that thinking or expectation, then you don't understand how the market works or do not study the volatility of the market, the market is fully established yes it will go down but it will eventually recover and the bear market is always part of any market, a seasoned investor knows the history of the market and does not carried away on what's happening in the market and analyze based on sound logic and insight.
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Husires
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December 23, 2021, 02:30:32 PM |
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The size of the bear market will depend on the amount of bitcoin’s rise. If we reach the levels of 130 thousand dollars, then a correction of 82% may bring us back to the levels of 29k, which is half of the current levels. Note that in the worst case, and if the past scenarios are repeated, the barrier of 20k to 30k is the bottom, and therefore any price above it, no matter what, will be good for the short term. - The risk levels are above 80 thousand dollars and we are far from it.
- When the price fell from 62 the resistance barrier was at 29
- when it fell from 68 the resistance barrier was at 41
- So the current levels are excellent and we may witness a new low.
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jpaul
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December 23, 2021, 02:33:09 PM |
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Invesment is always coupled with risk. You may gain or loss at anytime. But investment has a potential of getting high profit. The risk need to be managed intelligently. If you are newbie, start small and little by litle build your portfolio as you learn by experience. Do some research first to learn the ins and outs of the investing before putting your hands on it.
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michellee
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December 23, 2021, 02:35:29 PM |
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Yes, I will take profit if the price can surge to the high price, more than the last ATH, because it could be a start for the bear market to come. But if the price will still increase after a week or so, I will not worry because I can buy back at a low price. After all, the dump will also happen. Most people still hold their bitcoin and do not sell when the price increases because they think the price can still rise after making a new ATH. That can happen but depends on how support helps the price to increase.
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masterrex
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December 23, 2021, 02:49:12 PM |
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If BTC manages to pull off another good price surge just be ready to pull some profits because that could be the last surge to unlocking the real bear market that everyone thinks it's never going to happen again, we seem to be too forgetting, when bull market comes it always feel like it's here to stay and when bear market comes it always feel like it's the end, don't get too carried away
IMO, I believe that each one of us has a different approach or a strategy when it comes to dealing with cryptocurrencies and if you feel that way, then you must do it according to your own agenda meaning you must be done it personally to your positions because I don't think that the seasoned investors do care about that they are risk-takers that's why they become millionaires, anyway thanks for your warnings and good luck!
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Natalim
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December 23, 2021, 02:55:55 PM |
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Yeah, that's not new, we've experienced the bear market before and the present market situation, we know the difference and we know how to handle things in a different situations. Bull market will always end, and bear market will take over, remember it's a cycle and as an investor, things should be more easy to predict.
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Mauser
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December 23, 2021, 03:24:41 PM |
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If BTC manages to pull off another good price surge just be ready to pull some profits because that could be the last surge to unlocking the real bear market that everyone thinks it's never going to happen again, we seem to be too forgetting, when bull market comes it always feel like it's here to stay and when bear market comes it always feel like it's the end, don't get too carried away
How do you know the bear market is right around the corner? Taking some profits after another rally and a new ATH high can make sense if we need the money for other projects. But if we don't need the money I am not sure that going back into fiat money is the best idea. Inflation is rising all around the world. For 2022 there is no end in sight of rising fuel prices, higher real estate, food and basic resources prices. If these trends continue than holding cash is the worth thing we can do. I am not convinced that bitcoins are going to drop a lot any time soon. Better to keep my coins than being not invested and maybe missing out on another rally.
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bekti3
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December 23, 2021, 03:25:20 PM |
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Isn't this kind of thing normal? why should you always panic about it when the increase is certain after that is a correction and it can't be changed at any time. Taking advantage is natural but it must also be accompanied by research and do not let you make the wrong decision. I might suggest something more, which is to hold on while you can because if you don't have any more then you will get a loss
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blockman
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December 23, 2021, 03:35:33 PM |
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If BTC manages to pull off another good price surge just be ready to pull some profits because that could be the last surge to unlocking the real bear market that everyone thinks it's never going to happen again, we seem to be too forgetting, when bull market comes it always feel like it's here to stay and when bear market comes it always feel like it's the end, don't get too carried away
I think that you've ended with that suggestion because you're comparing this bull run to 2017 and 2018 and that's why you're giving a reminder to everyone. Honestly, that's a good remember and people out of greed are forgetting to take the profits that they deserve. It's because of a higher expectation that they think that there's a nonstop bull run that we will have. Although it can be true but, going with the usual cycle of the market, it's very essential to take profits.
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FloridaKid
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December 23, 2021, 03:36:41 PM |
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I believe this kinda warning is strictly for crypto newbies, it is easier to get caught in this market and be forced to hold coins and tokens for few years but honestly the end result is always fruitful, if I have to advice a newbie right now I would tell them to hold on to their assets even if the unexpected happens
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masulum
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hmph..
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December 23, 2021, 03:39:13 PM |
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Hold if it is really free money. Because it is possible, many new traders use money that is not 100% free. Because being a holder will see a decline in assets for a fairly long period of time, it can even be more than 5 years, especially if the one being held is shitcoin. If we go back to BTC, of course in the past, we are always shown a 4 year period, where after the post ATH correction, in 4 years we will see new ATH. If this is money that is 100% free, and accumulated for 4 years, then in the 4th year, we will enjoy the profit. However, if you really can't hold, because there is a feeling of fear of declining assets, then don't invest without good money management.
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HOLD...
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cryptoaddictchie
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December 23, 2021, 03:39:29 PM |
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If BTC manages to pull off another good price surge just be ready to pull some profits because that could be the last surge to unlocking the real bear market that everyone thinks it's never going to happen again, we seem to be too forgetting, when bull market comes it always feel like it's here to stay and when bear market comes it always feel like it's the end, don't get too carried away
It's hard not to get carried away when the bear market comes but what should we do is prepare ourselves. Like myself, Ive been clueless what to do or should I convert all into fiat instead holding on some altcoins? Its kinda hard to decide isn't it? It's gonna be a blood war if bear knocks and some people aren't used to this kind of scenario.
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tvplus006
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December 23, 2021, 03:44:58 PM |
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I believe this kinda warning is strictly for crypto newbies, it is easier to get caught in this market and be forced to hold coins and tokens for few years but honestly the end result is always fruitful, if I have to advice a newbie right now I would tell them to hold on to their assets even if the unexpected happens
Only after a bear market, not all coins can reach their ATH and most of them will subsequently cause only FOMO. Therefore, you should always fix your profit, in this case you will have money to buy back the coin you are interested in at a lower price.
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wheelz1200
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December 23, 2021, 03:49:29 PM |
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If BTC manages to pull off another good price surge just be ready to pull some profits because that could be the last surge to unlocking the real bear market that everyone thinks it's never going to happen again, we seem to be too forgetting, when bull market comes it always feel like it's here to stay and when bear market comes it always feel like it's the end, don't get too carried away
This should be a foregone conclusion. Noakes could ever be in a consistent bull market and the way the market has been over the last year everyone should expect a pullback of some sort. Not be pessimistic but the world economy has yet to see a pullback due to the pandemic because we have propped it up but it's coming for sure.
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VanityWallets2015
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December 23, 2021, 03:49:46 PM |
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Although we are all aware and have experienced that the market might go down but it will also soon rise again, this thread is a good one especially for the newbies. And I think that it won’t hurt us to be reminded once again since this season is coming real soon. Just remember that we shall not falter, and be dragged by our emotions that could lead us in making impulsive decisions. Best of luck for all of us!
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isaac_clarke22
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December 23, 2021, 03:50:20 PM |
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~
Although I have been holding some bitcoins quite a while, I am still not forgetting to take any returns that I got from my portfolio. Don't forget that we invested because we're expecting a return from it. I wouldn't call long-term holding as being too greedy. It is just those that aren't really active in day trading that they decided to hold it for the long-term and and sell in between the trends and yes I am one of the long-term holders. Back then, I still recall panicking or doing FOMO when I first started up in crypto.
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Jose Mourinho
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December 23, 2021, 03:54:23 PM |
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Invesment is always coupled with risk. You may gain or loss at anytime. But investment has a potential of getting high profit. The risk need to be managed intelligently. If you are newbie, start small and little by litle build your portfolio as you learn by experience. Do some research first to learn the ins and outs of the investing before putting your hands on it.
I totally agree with you, investing in crypto has a very high risk, however we must be able to deal with that risk, if we are smart to do research and analyze coin movements we will most likely avoid losses, I think investing in crypto doesn't have to have large capital we can choose 1 or 2 altcoins that have potential such as ethereum and binance, these two altcoins have very active movements in the market, therefore we must be careful in determining when to buy and sell them.
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jrrsparkles
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Eloncoin.org - Mars, here we come!
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December 23, 2021, 03:57:13 PM |
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If BTC manages to pull off another good price surge just be ready to pull some profits because that could be the last surge to unlocking the real bear market that everyone thinks it's never going to happen again, we seem to be too forgetting, when bull market comes it always feel like it's here to stay and when bear market comes it always feel like it's the end, don't get too carried away
We never know when will be the real bull market or bear market, just stick with your strategies and make it as long term so you will have better success and less risks. Since we got only few days left in this year we may feel like its time to reap the profits and if you felt there is no issues just do and wait for the next turn.
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Ulven
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December 23, 2021, 04:20:11 PM |
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Everyone's in the same boat, so why should panic on these situations? Crypto trading has its risks, but it also offers a chance to make large and consistent returns. There are some things you need to know before jumping into this market. If you follow these simple rules, it is easier to avoid pitfalls and maximize gains.!!!! First of all, do not panic when the prices of cryptocurrencies change abruptly. Stay calm and analyze the trend towards forming a new pattern that may look like it will continue for quite some time. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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