acener
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March 11, 2022, 10:00:58 AM |
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Well like it or not I think it is what most of the newbies in crypto are hoping for, But for those of us who have been around know too well how reality works and it wouldn't always be an uptrend so we should be prepared for it. We are aware that there would always be a price drop and we couldn't be so sure about the future.
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Uang_kartal
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betfury
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March 11, 2022, 10:21:35 AM |
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That's right, maybe they are just investor hype. When the price of Bitcoin soared to reach ATH, many people were talking, social media and news were buzzing about the increase in Bitcoin reaching hundreds to thousands of percent, this would certainly be interesting for people to enter the Bitcoin market. For those who are tempted to make big profits without knowing their knowledge and without thorough research, they will be trapped and result in losses. This is the importance of learning before trying new things, Bitcoin here I categorize new things for ordinary people. It is unfortunate that people want instant without trying.
I agree, bro, talking about easy and magical multiplication is what everyone wants, including me.😁 but the reality of the market is in control. we follow, if you look at the flying hours of course different between investors and traders, willing to profit, willing to lose everything, we have to minimize risk. New investors should not eat Fomo without prior experience. about my hope, i can save btc every week and btc will prosper again i am sure in the future ATh last year will pass this year.and its time to shop
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lombok
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March 11, 2022, 12:42:55 PM |
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That's right, maybe they are just investor hype. When the price of Bitcoin soared to reach ATH, many people were talking, social media and news were buzzing about the increase in Bitcoin reaching hundreds to thousands of percent, this would certainly be interesting for people to enter the Bitcoin market. For those who are tempted to make big profits without knowing their knowledge and without thorough research, they will be trapped and result in losses. This is the importance of learning before trying new things, Bitcoin here I categorize new things for ordinary people. It is unfortunate that people want instant without trying.
I agree, bro, talking about easy and magical multiplication is what everyone wants, including me.😁 but the reality of the market is in control. This makes us reluctant to deepen knowledge and learn something that is still relatively new. Because our minds are closed and filled with lust. In fact, the market will move up and down according to developments or problems in a project, plus there are issues of new use cases, new technologies that fix it, where basic information like this we can find on the internet freely and for free, but we ourselves are reluctant to look for it information because of the hype. we follow, if you look at the flying hours of course different between investors and traders, willing to profit, willing to lose everything, we have to minimize risk. New investors should not eat Fomo without prior experience. about my hope, i can save btc every week and btc will prosper again i am sure in the future ATh last year will pass this year.and its time to shop
New investors and traders should learn about risk management. For those who are long-time players, they can deepen or use their experience as a guide in investing. I really appreciate your belief that crypto/bitcoin will reach new ATH in the future. Of course to reach new ATH there will be extreme ups and downs, so use your best strategy to enter the market, such as buying crypto the DCA way.
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Kasabus
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March 11, 2022, 07:12:17 PM |
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As a trader, I never expect bitcoin to go only up because it happens it will get hard for me to make significant profits. I buy when the market dips and sell when the price is at its peak.
The ups and downs of bitcoin prices are normal for a trader, but nowadays there are many new investors who want to use bitcoins only for their profit and wealth, when the price of Bitcoin goes up they flock to buy it and when the price of bitcoin goes down they also sell it and think Scam, Research on Bitcoin and Crypto is important before starting to enter the market. Most of the new investors today are more on profit motivated so whatever they think is right, they will instantly grab it not knowing that it could make them lose. The crypto market may be a good source of income and profits, but it can also be a reason to lose all what you have. This is why learning first before entering the market is a must because if you buy and sell in crypto without its right timing, you will never make good profits from it. Trading needs good market analysis to win such trades, but if you not aware about its technicalities, you will never grow and lasts in trading.
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TheGreatPython
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March 11, 2022, 09:02:07 PM |
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That's right, maybe they are just investor hype. When the price of Bitcoin soared to reach ATH, many people were talking, social media and news were buzzing about the increase in Bitcoin reaching hundreds to thousands of percent, this would certainly be interesting for people to enter the Bitcoin market. For those who are tempted to make big profits without knowing their knowledge and without thorough research, they will be trapped and result in losses. This is the importance of learning before trying new things, Bitcoin here I categorize new things for ordinary people. It is unfortunate that people want instant without trying.
I agree, bro, talking about easy and magical multiplication is what everyone wants, including me.😁 but the reality of the market is in control. we follow, if you look at the flying hours of course different between investors and traders, willing to profit, willing to lose everything, we have to minimize risk. New investors should not eat Fomo without prior experience. about my hope, i can save btc every week and btc will prosper again i am sure in the future ATh last year will pass this year.and its time to shop One of the reasons why there are a lot of people who are willing to risk their money is that they already made so much. When you are in crypto and you made 5x profits, you could easily spend a few of that into spending at silly stuff hoping it will go up. That is how things like shiba went up, many people made money from top names, and even doge, and then when they had so much profit that they invested into shiba. The ATH of bitcoin is always broken, it may take a few months, it may take a few years but it will always be broken. I am 100% certain that we will be above 68k+ again. I do not know when that will be, but I know that it will happen for sure.
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Maidak
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March 11, 2022, 09:30:46 PM |
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Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwlBX5At.png&t=665&c=w48ZSefIZCU7lQ) The trading strategy in your photo looks almost identical. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The reality is more difficult, you know. people just want to do one-way trading, they always think upwards. As soon as there is a slight correction in the market, they get upset and leave the market in fear. This type of behavior is seen only among online traders, real hodlers are never disturbed/upset during the correction period, they just take the opportunity to buy more in the dip.
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Uang_kartal
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betfury
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March 11, 2022, 09:40:26 PM Last edit: March 11, 2022, 10:03:20 PM by Uang_kartal |
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~Snip~
Of course to reach new ATH there will be extreme ups and downs, so use your best strategy to enter the market, such as buying crypto the DCA way.
That's true, my friend, about a preparation for us to face all conditions in market sentiment. I've done the DCA technique, it's even better if we still have it in savings. because in the past I've bought on a market other than bitcoin, and it's quite disappointing for a price beyond the price of btc as below. indeed, by dividing several options it is buy but all the funds I deposit on the exchange still the desire to speak for greed, this makes me more Be careful and more concerned with analyzing 5 coins with the best transactions 24 hours before if you want to buy, how do you buy when you have good hopes with today's prices, brother?
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Sled
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March 11, 2022, 10:04:14 PM |
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Well, I will not be going to erase any possibility that our hope will come to reality. Yes, most of the time it won't but if we are tired of waiting, this is really be going to happen somehow. But what we gonna see this time is really in the opposite direction. But the time may come someday that the market will give us some favor and hear our hopes, we are just about to extend our patience as we know the market not all the time in bullish, dumps is also inevitable.
Only the thing I can say is not to lose hope, it is really be going to happen momentarily. It is sometimes we need to wait longer.
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darkangel11
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March 11, 2022, 11:16:13 PM |
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Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwlBX5At.png&t=665&c=w48ZSefIZCU7lQ) The trading strategy in your photo looks almost identical. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The reality is more difficult, you know. people just want to do one-way trading, they always think upwards. As soon as there is a slight correction in the market, they get upset and leave the market in fear. This type of behavior is seen only among online traders, real hodlers are never disturbed/upset during the correction period, they just take the opportunity to buy more in the dip. You have to grow up with bitcoin. Most of the people that I know who had bitcoins in the early days made this mistake of chasing profits and selling everything at first high or first low. Then they kept observing how it moves and understood their mistakes. Some needed a few months to buy back, some a few years but they eventually came back and held for a long time, ignoring the short-term volatility. Once you've been through a full bull-bear cycle you become immune to hype and panic.
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mamunsk987
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March 12, 2022, 02:28:00 PM |
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Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements may be this month go up bitcoin
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famososMuertos
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March 12, 2022, 11:00:40 PM |
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Maybe an exchange could have that precise data: how many people of the new depositors of the year 2021 invested at least $ 100 dollars in bitcoin and then sold.
I think there is a matrix on this subject that is not so real, also you have to consider, if they sell because they really do not trust bitcoin or they sell simply because they need them.
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uneng
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March 13, 2022, 12:33:01 AM |
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Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwlBX5At.png&t=665&c=w48ZSefIZCU7lQ) Who are those people ? because those who knows about crypto does not have that belief instead we knew that line is going Here and there. What I'm saying here is that straight line will never happen until time comes that Crypto will be accepted by the whole world. that is the reality of life and we cannot just pretend there is a straight value when there is nothing we can do about it. Those are short term investors who are always in a hurry for fast profit, and since they have heard bitcoin is able to rise a lot and fast in price, they imagine their investments' value will be doubled or even more in weeks or a month or so, but once they see the market crashing, they start panicking and sell their coins on the wrong time, because they can't wait to use the invested amount anymore or are too afraid of the future to keep the money invested. As you said, a straight line can never be expected, so the investment must be done aiming long term returns. For this reason, patience and cold blood are needed during the bearish times.
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lombok
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March 13, 2022, 01:07:44 AM |
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~Snip~
Of course to reach new ATH there will be extreme ups and downs, so use your best strategy to enter the market, such as buying crypto the DCA way.
That's true, my friend, about a preparation for us to face all conditions in market sentiment. I've done the DCA technique, it's even better if we still have it in savings. because in the past I've bought on a market other than bitcoin, and it's quite disappointing for a price beyond the price of btc as below. indeed, by dividing several options it is buy but all the funds I deposit on the exchange still the desire to speak for greed, this makes me more Be careful and more concerned with analyzing 5 coins with the best transactions 24 hours before if you want to buy, how do you buy when you have good hopes with today's prices, brother? The current market conditions are a reflection of the OP's picture regarding market movements. By the time BTC hit ATH yesterday I had already sold 75% of my holdings at around $65K. From the sale, my initial fund was returned plus profit in USDT. So the USDT that I currently hold will be used to buy BTC gradually if it experiences a price decline with a portion of 5 percent at each price I have set. My goal in doing that is, if BTC goes down in price then my BTC holdings will increase. But if BTC hasn't reached ATH in this halving period I still have 25%. We never know what the market will do but if we are patient, calm and stick to our methods, I am sure the market will give you good results.
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HunterBTC
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March 13, 2022, 04:21:35 AM |
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progress for the purpose of the dominant cryptocurrency in various countries with the currency it owns. The possibility of Bitcoin getting higher because many use it for non-cash payments with billions of users.
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JohnBitCo
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March 13, 2022, 04:37:23 AM |
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Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.
The good thing is that for those people who hope that bitcoin will reach a new all time high, bitcoin will not disappoint them however it may take a longer time and longer path. This is the reality of bitcoin which everyone should know. When everyone knows that bitcoin will cross all time high in the coming month and years then why do they need to sell their holding in spot in a loss? Those who hold bitcoin in futures are only at the risk of liquidation in case the market moves in the opposite direction.
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fzkto
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March 13, 2022, 01:30:41 PM |
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Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements may be this month go up bitcoin
But it may not go up. These are not stable times around the world, and the price of bitcoin relative to its last peak is still not small, meaning that so far the price has fallen by less than half. As history shows, this value could be much more than half before the price starts to rise again. But I also think that bitcoin is now somewhere around the local bottom and some coins can be bought now.
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Slow death
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March 13, 2022, 10:58:05 PM |
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if someone shows up and asks:
when high Is high?
when low Is low?
let's say someone buys bitcoin at the price of $60,000, how will that person know that $60,000 is the maximum bitcoin will reach?
how would that person know that the price could drop to $38,000?
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Hamphser
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March 13, 2022, 11:14:23 PM |
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if someone shows up and asks:
when high Is high?
when low Is low?
let's say someone buys bitcoin at the price of $60,000, how will that person know that $60,000 is the maximum bitcoin will reach?
how would that person know that the price could drop to $38,000?
These questions should really bare in mind on which this is the reality whenever you do deal on this market on which you couldnt able to determine which is the bottom and which is the peak price which it is really that normal that you would really be ending up with this kind of mindset and do all sorts of things with corresponding risk because nothing is assured no matter how good the market is looking at.It does have potential but dont ignore the possibility of losing money.
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OgNasty
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March 13, 2022, 11:26:13 PM |
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The thing I've noticed most about new entrants into the crypto sphere is this...
They hope that they're going to earn some Bitcoin and get rich.
The reality is that they spend it on shitcoins and go broke.
I say this tongue in cheek, but seriously, I can't tell you how many friends I have that I've been trying to get into Bitcoin since it was $2. They'll literally buy any $0.02 shitcoin they can find hoping that by some miracle it goes up to being worth thousands, market cap be damned... I think part of it is education and the other part is thinking that getting rich in crypto is easy. It isn't. Most of the time it involves a lot of hard work, or a lot of luck. If you're going the luck route, know there's an extremely high chance you are not going to make it.
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freedomgo
Legendary
Offline
Activity: 3192
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2022, 11:33:04 PM |
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Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.
The good thing is that for those people who hope that bitcoin will reach a new all time high, bitcoin will not disappoint them however it may take a longer time and longer path. This is the reality of bitcoin which everyone should know. When everyone knows that bitcoin will cross all time high in the coming month and years then why do they need to sell their holding in spot in a loss? Those who hold bitcoin in futures are only at the risk of liquidation in case the market moves in the opposite direction. Like all financial markets, cryptocurrency also moves up and down. Volatility makes it more prone to market changes but its also the best reason why people stay longer in crypto. However, with bitcoin you have bigger assurance that it will definitely reach its all time high but it may be a long waiting game and patience really at stake. When the market suddenly crashes, weak hands tend to lose their patience and sell their coins, while strong hands never gets bothered easily of the price decline and hold even more their bitcoin. This is why they mostly succeed and gain huge profits in bitcoin because they know exactly how to react whenever bitcoin price moves in opposite direction.
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