Ahli38
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May 24, 2022, 12:19:39 AM |
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The market is a complex concept. You need to be prepared for this in order to understand how to act correctly in a given situation.
Markets are sometimes regulated in a way that makes it difficult for various analysts to analyze.We have seen that the market is sometimes dumped in such a way that all the investors get very frustrated.It is not clear exactly what position the market will take next. yeah that's right. and here the whales have an important role in controlling the market. even yesterday when I analyzed with my friends about the bitcoin market which showed positive signs it would be bullish analytically, it turned out that when the price really started to rise and indeed, large selling transactions reappeared so that bitcoin fell back to 29k. but there is a solution to overcome this is to follow the movement of the whales. Analysts I know apply it a lot and also combine it with their analysis. because the whales transactions can be monitored with one of the bots on telegram such as whalebotalert . every big transaction will get a notification in the bot. although the whales still always use trick tricks. but at least this bot helps see the movement of the whales' transactions. like when btc is going down it will be preceded by many transactions sending BTC from personal wallets to exchanges and followed by sending lots of USDT (other stablecoins too) to exchanges from personal wallets (used to raise the price of btc first before the whales then sell btc sent earlier).
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sklopan
Jr. Member
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Activity: 98
Merit: 2
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May 24, 2022, 03:06:47 PM |
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To be honest, the market is really in a difficult position right now. Although, in general - when was it easy to trade? It always required certain skills and knowledge.
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uneng
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May 24, 2022, 08:07:20 PM Merited by JayJuanGee (1) |
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One thing is certain (based on trends), when the market is at bearish mode, that's the time to buy.
It's hard to put bearish bottom. Sometimes I feel still afraid if the bearish has not touched the support that I usually take by drawing the Fibo line. Although technical sometimes does not apply because whale wants another. Buy when bearish and don't know where that support will harm. But I understand everyone has their way of being taken easy and making a profit. Mngkin other techniques can be done by buying gradually, done with a quarter of your funds, although if later the profit will not be maximized but it saves your assets from a worse happiness. The price can always crash deep further, including during a bearish market. It's out of our control and forecast skills. But at some point you have to set your enter point, even knowing this harsh reality, otherwise you won't thrive in crypto market. To not get disappointed I think about those people who bought BTC during its ATH in 2017 and have seen their investments crashing to the bottom, although they didn't lose hope. Instead, they just kept holding with patience and assurance someday bitcoin would overcome that bear market. And that is exactly what happened. From an ATH of almost 20,000$, to 3000$ in 2018, to the impressive ATH of 70,000$ last year.
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carlfebz2
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May 24, 2022, 08:29:36 PM |
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One thing is certain (based on trends), when the market is at bearish mode, that's the time to buy.
It's hard to put bearish bottom. Sometimes I feel still afraid if the bearish has not touched the support that I usually take by drawing the Fibo line. Although technical sometimes does not apply because whale wants another. Buy when bearish and don't know where that support will harm. But I understand everyone has their way of being taken easy and making a profit. Mngkin other techniques can be done by buying gradually, done with a quarter of your funds, although if later the profit will not be maximized but it saves your assets from a worse happiness. The price can always crash deep further, including during a bearish market. It's out of our control and forecast skills. But at some point you have to set your enter point, even knowing this harsh reality, otherwise you won't thrive in crypto market. To not get disappointed I think about those people who bought BTC during its ATH in 2017 and have seen their investments crashing to the bottom, although they didn't lose hope. Instead, they just kept holding with patience and assurance someday bitcoin would overcome that bear market. And that is exactly what happened. From an ATH of almost 20,000$, to 3000$ in 2018, to the impressive ATH of 70,000$ last year. Expect the unexpected so that you wont really be making yourself get that frustrated on how this market moves and if we've been here on this place for years then these movements arent something new to us. So wherever we do see some drips or declines then we would really be having that common reaction which do mostly freak out or hesitated on making out some buyback position. There are people whom do see these things to be the best time for them to accumulate which is something true because the market couldnt really be just having a one way in regarding with movement into the price.
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blockman
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May 24, 2022, 10:09:03 PM |
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To be honest, the market is really in a difficult position right now. Although, in general - when was it easy to trade? It always required certain skills and knowledge.
It's easy to trade when you're prepared for both outcomes. You know what you're doing and there's a sense of responsibility for each of your actions. Yeah, it does requires skills and knowledge, and do not forget the experience that also plays an important part as you trade. Combining all of them will make trading easy for you but, if it's not really for you then you have the choice to remain as an investor.
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mr_enoc
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May 24, 2022, 11:27:57 PM |
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Looking at the market now with different illustration about the current position, condition of the market from analysis, many crypto traders are coming out with there different analysis of where the market tend to go in the next few days. Some keeps agitating that the trend is still bearish while others come out with various technical analysis of the market, drawing different trendlines to show the support resistance of the coming bull.
We all know that Bitcoin controls the crypto market and it is a good determinant of most altcoins(maybe all). The fall of Bitcoin had affected the crypto market and I think keeping an eye on Bitcoin is very important to determine the fate of most alts in the market. I have seen much number of fud coming up with different technical tools of the market going down more.
What perspective are we going to accept here? Are we going with the analysis of the market going bear contineously or claims that the price will go bullish? Maybe we should just be neutral without being too optimistic or pessimistic.
Following the market, trend should not be as confusing like the way it is currently, especially for those that care much about the market direction and are not too skilled on analysis the market direction.
You are correct, i believe in you, i always keep my computer open to check the price of Bitcoin. We doesn't know what will happen in the next week. Altcoin price usually varies with Bitcoin price. So, most of the time if bitcoin price increase usually altcoins follows as well.
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Lanatsa
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May 25, 2022, 08:21:30 PM |
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You are correct, i believe in you, i always keep my computer open to check the price of Bitcoin. We doesn't know what will happen in the next week. Altcoin price usually varies with Bitcoin price. So, most of the time if bitcoin price increase usually altcoins follows as well. Depends on what kind of trader you are whether going for long term or would be preferably doing short/swing/trend type of behavior.Market had been confusing since from the beginning and considering the volume and volatility then this isnt something that you could handle it well. With due experience and awareness on how this market behaves then you would really be able to create different possible actions or plans ahead and that would really be varying on someones knowledge and skills which do really differ into each person.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Sebas.tian
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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May 26, 2022, 07:50:41 AM |
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I think, those that understood how crypto market move will know that we are in bearish season where both long term traders and short term traders continue holding till bullish season appear in the market before they can sell to make a passive income. Don't forget that crypto market price is unpredictable which it can pump for people to sell at the moment to make a good profit and it can also dump for people to use the opportunity to buy and hold for the price to move higher before they can sell to make a good profit. Don't be confused about the bear market because the price is preparing to increase higher for people to smile again in the market.
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horrifiedx1
Member
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Activity: 602
Merit: 11
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May 26, 2022, 01:30:14 PM |
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I think, those that understood how crypto market move will know that we are in bearish season where both long term traders and short term traders continue holding till bullish season appear in the market before they can sell to make a passive income. Don't forget that crypto market price is unpredictable which it can pump for people to sell at the moment to make a good profit and it can also dump for people to use the opportunity to buy and hold for the price to move higher before they can sell to make a good profit. Don't be confused about the bear market because the price is preparing to increase higher for people to smile again in the market.
I take the example for the current market, when the candles are ranging and I think the price is already very low, on the other hand the price has touched a strong support area so with full confidence the bear season will end soon, but in fact the price is currently in the $28k range , of course this broke my belief, will the price go down again, and look for support below it again, maybe I should learn more
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Ziskinberg
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May 26, 2022, 02:02:54 PM |
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I think, those that understood how crypto market move will know that we are in bearish season where both long term traders and short term traders continue holding till bullish season appear in the market before they can sell to make a passive income. Don't forget that crypto market price is unpredictable which it can pump for people to sell at the moment to make a good profit and it can also dump for people to use the opportunity to buy and hold for the price to move higher before they can sell to make a good profit. Don't be confused about the bear market because the price is preparing to increase higher for people to smile again in the market.
I take the example for the current market, when the candles are ranging and I think the price is already very low, on the other hand the price has touched a strong support area so with full confidence the bear season will end soon, but in fact the price is currently in the $28k range , of course this broke my belief, will the price go down again, and look for support below it again, maybe I should learn more You'll eventually learn more from your experience as trading in crypto cannot be relied upon on reading the chart, there are plenty of factors to consider, like the news ,the hype, and the FUD, you need to understand how people will react on a given information so you'll be able to make a timely and right decision.
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AakZaki
Legendary
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Activity: 2338
Merit: 1084
zknodes.org
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May 26, 2022, 05:30:51 PM |
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It's easy to trade when you're prepared for both outcomes. You know what you're doing and there's a sense of responsibility for each of your actions. Yeah, it does requires skills and knowledge, and do not forget the experience that also plays an important part as you trade. Combining all of them will make trading easy for you but, if it's not really for you then you have the choice to remain as an investor.
If everything is combined it will make trading easier. But it's a difficult thing for everyone to do because the level of psychology can't really be regulated. Psychology will affect the final result of a strategy that has been made from scratch. An experience will also have a good impact, it can press psychology to stay positive and believe in the initial strategy that was carried out. which of course also has to know what type of trading is suitable for you, long term, medium, or short term or also a wing trader.
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Ahli38
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May 27, 2022, 01:26:17 AM |
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I myself prefer to be more patient waiting for the bearish trend to end before re-entering with a big investment. although I still buy bit by bit at the current low for the long term (DCA). but I do not dare to take the risk to buy a lot. but I myself as a scalper (day trader) is not too affected by current market conditions. because indeed I enter and exit on the same day (daily traders). I just have to keep going with the flow and take profit little by little.
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MiF
Sr. Member
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Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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May 27, 2022, 01:48:25 AM |
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The market is only confusing when we can saw bitcoin price drops drastically, if the market is green everyone is happy and no questioning of the price no one will confuse and enjoy the earnings, but if the market is full of red or bear market everyone start complaining and confused with the price even if most of the expert says its time to buy but everyone seems still confuse and always have a doubt to buy because they afraid that they will going to lose if there is a long bear market that is called greed. So i think buying is best at this point of time we need to start buying before its too late again.
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sensimilia
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May 27, 2022, 04:38:37 PM |
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It's really true don't say about market because the market is confusing.I bought coins when I saw the market down.When the market is very down that's in time i think then coins can be bought and sold at a higher price.I always follow this trick but right now i understand that's not right way because follow these tricks I have always lost.so this is very confusing when the buy coin red candle or green candle?
When buying then always consider on getting in before each red candle wick but take note that there would be lots of considerations first before you would need to consider before you do make out such step. You cant just buy just because you do see red candle considering the price do really always move out in between buyers and sellers which its really that understandable that activity or volume would really just be too moving which is something not really new.Market is indeed confusing on which if you arent really that good on handling it out then you would really be having a hard time. What is going to be noticed here is that the ones from Kipta which are bad with space because if you only guess when chatting here in the market then but here here that itself Because of the choice of predictions in this regard, but what is decided here will bring around, but what can be wrong here, so what to do when begging here, but what will be the meaning, but based on the same thing here when the market is very low. It is thought to be a good idea to buy and keep something else, but it would not be right to take risks here
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Mahanton
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May 27, 2022, 10:05:04 PM |
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The market is only confusing when we can saw bitcoin price drops drastically, if the market is green everyone is happy and no questioning of the price no one will confuse and enjoy the earnings, but if the market is full of red or bear market everyone start complaining and confused with the price even if most of the expert says its time to buy but everyone seems still confuse and always have a doubt to buy because they afraid that they will going to lose if there is a long bear market that is called greed. So i think buying is best at this point of time we need to start buying before its too late again.
Nope,it's confusing on every aspect or everytime you do make out such action whether you do buy or sell on particular price condition and since the price movement is unpredictable then you would always hesitate whenever on what action you would really be making.Its up to someone whether they do make out some action basing with their own analysis and skills and this will depend or differ on each and everyone.
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Next-door
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May 29, 2022, 09:08:18 AM |
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Market is/was bearish and i saw a lot of panic posts! This is my mantra: Buy when others fear sell when others gear!! Basically don't panic and HODL and just forget you ever invested. I am bullish in my portfolio but i also have few assets which are down sinec past few months, doesn't mean i will sell it for loss. I am in it for a long haul and invested which i was willing to loose. If you did the same than you shouldn't be panicking - just sit back relax and enjoy away the bumpy ride.
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sklopan
Jr. Member
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Activity: 98
Merit: 2
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May 29, 2022, 11:09:51 AM |
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In fact, the market is a reflection of events that take place in life. It should be understood that the result of such changes in the market is exactly what happens in life.
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Alisha-k
Member
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Activity: 840
Merit: 23
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May 29, 2022, 11:28:51 AM |
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In fact, the market is a reflection of events that take place in life. It should be understood that the result of such changes in the market is exactly what happens in life.
Past events repeats itself but sometimes it never comes in exactly the same form there must always be a slight variation from the previous trend. Different factors affect the market direction, If we relate what happens in the market to what happens in life it can be misleading in a way because both operate on two different environment
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BobK71
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May 29, 2022, 04:49:29 PM |
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The crypto market is always speculative. Here assumptions are not always correct, which is not possible. So in this speculative market you always have to invest in Confusion. Knowledge and experience help you to survive in the market.
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bitcub
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May 31, 2022, 11:25:39 AM |
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We cannot blame the current market now. It is indeed very deceiving as the chart might look bullish then after few hours it look bearish. The reason behind this is because the bulls and bears are fighting against the Bitcoin price. People are buying crypto and others shorting it. Personally I am still bearish with Bitcoin. I am expecting BTC to hit 24k, then 40k, then drop to 18k or may be 10k, then bull run to $250k. Looking at the market now with different illustration about the current position, condition of the market from analysis, many crypto traders are coming out with there different analysis of where the market tend to go in the next few days. Some keeps agitating that the trend is still bearish while others come out with various technical analysis of the market, drawing different trendlines to show the support resistance of the coming bull.
We all know that Bitcoin controls the crypto market and it is a good determinant of most altcoins(maybe all). The fall of Bitcoin had affected the crypto market and I think keeping an eye on Bitcoin is very important to determine the fate of most alts in the market. I have seen much number of fud coming up with different technical tools of the market going down more.
What perspective are we going to accept here? Are we going with the analysis of the market going bear contineously or claims that the price will go bullish? Maybe we should just be neutral without being too optimistic or pessimistic.
Following the market, trend should not be as confusing like the way it is currently, especially for those that care much about the market direction and are not too skilled on analysis the market direction.
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