The good moves of Bitcoin.

[Sanitough]

I think, Currently bitcoin is entering the accumulation phase.

Accumulation phase? That's great if you really want to collect more bitcoin during a downturn. Of course people who believe in the potential that bitcoin will achieve in the future will collect more bitcoin, but not everyone can do it because of limited capital. You can't really accumulate bitcoin if you don't have capital. Accumulation is also not only done when the price down, but if the goal of this investment is for the long term then someone will do it at any price.

I see on the price chart that bitcoin is testing the price post auto-rally recently, to determine its strength highs as well as secondary tests. Besides that, I suspect the time span needed in this accumulation phase is faster than the previous Accumulation phase. therefore, only time will tell how the continuation of bitcoin price movements in the future.

Today, after the price of bitcoin had dropped below $40K, now the recovery is fast. The market's response to holding price above $40K was so rapid that price did not fall further. Bitcoin price is currently bouncing back to $41K where there was a small pump from $39K to $42K. That's certainly good in the short term, but we expect something bigger in the long term.

Bitcoin price has already reached $43,803 so i think there is a strong momentum for bitcoin right now as its increasing rapidly. This is the good thing about bitcoin because even if a lot of us had predicted already that bitcoin will definitely enter a bearish season after this correction, but look at it where it is heading to? Although we are still unsure what will be the next move of bitcoin, but i'm happy to see that bitcoin is slowly recovering and this might be a good sign that we are heading into the bright side of the market.

[bitterguy28]

So it proves that altcoins is very volatile as compare to Bitcoin because your profits are going to be wipe out very quickly if you don't preserved them or believed that the price could grow parabolic.

As compare to Bitcoin wherein the fundamentals and technical analysis are very strong, although there could be ups and down but the price will remain "stable" as compare to those altcoins that you don't know where the price is going to be because it is prone to manipulation.

Basically, while the volatility of bitcoin is legendary the volatility of altcoins is even more extreme, after all I have seen altcoins literally disappearing as they go from a set price all the way to zero in a single day, and unless you are watching that coin very attentively by the time you react and sell your position on that coin then you will get massive losses, but people do not see this as they do not think something like that is ever going to happen to them.

this is the reason why we must need to use STOP/LOSS because this will hinder our funds to go more losses as the bot will help us settle specially in times that we are not in front of our trading platform.
and also i know it for a fact that Altcoin is being used by whales for manipulations as they can hardly do it with bitcoin because of very High price and capitalization .
just let Bitcoin be your long term investment and use your altcoin for short term or semi long term .

[btc78]

The good move is very simple buy the dip and hold thats it

SIMPLE?how can this be Simple when you cannot find the perfect timing to know which is the DIP?

it is easy to say but harder to make it happen.

,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset.

Never get Greedy because that will end up all your dreams if fails in your greediness.

Invest and expect small amount that is the safest.

So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.

Set limit in Time? and set Limit in profit expectations , that will save your ass in investing .

[RealMalatesta]

this is the reason why we must need to use STOP/LOSS because this will hinder our funds to go more losses as the bot will help us settle specially in times that we are not in front of our trading platform.
and also i know it for a fact that Altcoin is being used by whales for manipulations as they can hardly do it with bitcoin because of very High price and capitalization .
just let Bitcoin be your long term investment and use your altcoin for short term or semi long term .

Unfortunately if you use Stop/loss in a wrong way then it is going to stop your profits as well. There is no situation where you are going to end up with 100% perfect stop loss each time. Sometimes you sell and it drops more and you buy and you make a profit, but sometimes your stop loss gets triggered and then goes back up and that is how you lose money.

So, when you are using stop loss do not think of that as a sure fire way of making a profit or avoiding a loss. There are still some situations where you may end up with losing some money and that is why you should be always careful. I would say that even though stop loss was created so that you would not lose too much when you are not watching your trades, it would still be wise to check the prices frequent enough to make sure nothing is going wrong. That way you could let it do your work, but you could supervise it.

[Kemarit]

I don't think anyone can predict one hundred percent, all we can do is analyze and know the fundamentals, what news influences its development and what factors influence its movement. Discipline and consistency are needed here if you want to be really successful in trading.

It's not the fundamentals that you have to analyze, it's more on the technical aspects of Bitcoin.

What is the current sentiments? are there any news affecting the market?

But yeah, for sure anyone knows that their is no 100% accurate in predicting the price, we all know for technical indicators and see the movement and anticipate what will be the likely next leg up/down of the market.

[Stalker22]

I don't think anyone can predict one hundred percent, all we can do is analyze and know the fundamentals, what news influences its development and what factors influence its movement. Discipline and consistency are needed here if you want to be really successful in trading.

But even how good you are from analyzing its fundamentals and technical indicators, all you could end up are still wild guesses as bitcoin will always be unpredictable. There is no surer way to predict its market by consistently learning its moves every single day because that will motivate you to come up with educated guesses and will definitely lessen the risk from losing this market.

Crypto trading usually opens the doors to some serious risks if one does not know how to deal with these high volatility markets, so I always recommend being ready to take your profits from time to time. Because of the high volatility, bitcoin is one of the most speculative but potentially profitable markets out there and there are some great bitcoin trading opportunities for every kind of trader.

[FanEagle]

I don't think anyone can predict one hundred percent, all we can do is analyze and know the fundamentals, what news influences its development and what factors influence its movement. Discipline and consistency are needed here if you want to be really successful in trading.

It's not the fundamentals that you have to analyze, it's more on the technical aspects of Bitcoin.

What is the current sentiments? are there any news affecting the market?

But yeah, for sure anyone knows that their is no 100% accurate in predicting the price, we all know for technical indicators and see the movement and anticipate what will be the likely next leg up/down of the market.

There is this two sided road when you are trading bitcoin. You either have to deal with the fact that it is going to be more about emotions of the people who buy and sell at that moment alone, not in a general sense but just for that period, or you have to deal with the data that you are given.

So, you could check the analysis, the charts and indicators to see what it "should" do and make a decision based on that. Or you could end up with seeing what everyone thinks and do your trading based on that. Both could be right at given time, one could be wrong while the other is right, or both could be wrong at the same time as well. All possibilities happened before.

[RealMalatesta]

There is this two sided road when you are trading bitcoin. You either have to deal with the fact that it is going to be more about emotions of the people who buy and sell at that moment alone, not in a general sense but just for that period, or you have to deal with the data that you are given.

So, you could check the analysis, the charts and indicators to see what it "should" do and make a decision based on that. Or you could end up with seeing what everyone thinks and do your trading based on that. Both could be right at given time, one could be wrong while the other is right, or both could be wrong at the same time as well. All possibilities happened before.

I would guess that data also does provide what people think as well. I mean if there are no regulations on what we can buy or can't buy (which there isn't) then if we feel that it will go down more, then we sell, if we feel like it will go up more than we will buy which will impact the price right?

It means that if it is impacting the price that way, then why should we be worried that charts won't show that? Charts will show when the people had panic, and when they were hyped. This is just one way to look at the charts of course, it is not going to be like that forever but at the end, we are going to see that happen for sure.

[TravelMug]

A marketcap that has almost reached $1 trillion will certainly make bitcoin's movement more stable, it can be said that it is impossible for anyone to do a dump and pump alone, what is happening with the current price is purely from the market so I'm not worried even though the price is red.

Perhaps gone are the days of pump and dump in bitcoin because the market is expanding. But there could  still be whales trying to influence the market, we can't take that into account.

Bitcoin price is really unpredictable, just in the last 24 hours we have such increased again and surpassing $40k, no one will have thought that we will get over it without any good news around so just be cautious again as this might be a trap.

[STT]

Variation is not a trap, its just volatility and part of its wide speculation still.   The overall action right now is bullish accumulation, its tested the 2 day and weekly averages and seems to breaking upwards, closing on the highs today would mean also trading above the 50 day average

Its had higher lows for most of this week, if it can just maintain that then it could prove positive for the whole week and develop further.

[Natalim]

Variation is not a trap, its just volatility and part of its wide speculation still.   The overall action right now is bullish accumulation, its tested the 2 day and weekly averages and seems to breaking upwards, closing on the highs today would mean also trading above the 50 day average

Its had higher lows for most of this week, if it can just maintain that then it could prove positive for the whole week and develop further.

Indeed we see the market is in the recovery phase, the price started to grow up but corrections are still somewhat inevitable. We may expect the market ends this week with great but can't still expect this to be going for the whole month. It is expected prices seem going to up on weekdays and drop during the weekend.

Yet, not to lose the confidence that the market will fully recover that huge drop despite the war. In fact, as we can see this never has a huge impact on the market, we instead see it increases.

[sayaya17]

A marketcap that has almost reached $1 trillion will certainly make bitcoin's movement more stable, it can be said that it is impossible for anyone to do a dump and pump alone, what is happening with the current price is purely from the market so I'm not worried even though the price is red.

Perhaps gone are the days of pump and dump in bitcoin because the market is expanding. But there could  still be whales trying to influence the market, we can't take that into account.

Bitcoin price is really unpredictable, just in the last 24 hours we have such increased again and surpassing $40k, no one will have thought that we will get over it without any good news around so just be cautious again as this might be a trap.

Although I'm glad the Bitcoin price has increased suddenly, but like you said it's a little suspicious. Because there is no positive news circulating,
but it can make the price of Bitcoin rise to the price of $ 41k, it is possible that manipulation was carried out by whales. So we really should be
careful, don't be FOMO because of this increase, we must first monitor the movement of Bitcoin. Because previously the price of Bitcoin had often
gone above the $40k price, but it still failed to rise above the $45k price. We'll see if the current increase is the same as the previous Bitcoin increase,
or the current increase could make the Bitcoin price rise above $45k. If it turns out that the price of Bitcoin can rise above the price of $45k,
the chances of Bitcoin recovering are very high.

[peter0425]

Variation is not a trap, its just volatility and part of its wide speculation still.   The overall action right now is bullish accumulation, its tested the 2 day and weekly averages and seems to breaking upwards, closing on the highs today would mean also trading above the 50 day average

Its had higher lows for most of this week, if it can just maintain that then it could prove positive for the whole week and develop further.

Indeed we see the market is in the recovery phase, the price started to grow up but corrections are still somewhat inevitable. We may expect the market ends this week with great but can't still expect this to be going for the whole month. It is expected prices seem going to up on weekdays and drop during the weekend.

Yet, not to lose the confidence that the market will fully recover that huge drop despite the war. In fact, as we can see this never has a huge impact on the market, we instead see it increases.

While we can see the goodness in the support of crypto yet the prices are still low and we knew that this cannot be stable meaning that in many chances is that Bitcoin will maintain this position and will hard to make an advance .

specially that the war in Russia is continuing and this indications of economic problem from around the world as the OIL price continues to increase.

so lets hope and also pray that in the 2nd quarter we will see lights and at least great effect in the market of today.