Crypto Market on the Rise, But Proceed with Caution!

[Viscore]

If we always exercise caution even if the opportunity already presented itself, we will never really get to something and we'll only regret not doing grabbing these opportunities in the future. You'll never know if we've already hit the bottom or it's just that the price is low. That's why DCA is a great buying technique to use when you want to be in the game long term. If you only buy when the price is rising, you'll really have a hard time convincing yourself and analyzing whether the buy is good or not. But if you halt into buying no matter the price, you'll never have the coins and you'll never reap the rewards when it starts to rain.

Since the market is always unpredictable, it could be pumping today and then dumping tomorrow, so the best way to do is to keep on DCAing so we can always increase the volume of our portfolio despite of the market uncertainty. And as always, regardless of how the market behaves, we should always invest with caution knowing investing in the crypto market itself has always its own calculated risk.

[DoublerHunter]

I just know that bitcoin had hit the lowest price of the year at $15k and after that, it bounced up again and eventually, the price of bitcoin reached the price we are seeing now. But to say that it's not the lowest price, I can't say for sure because it could go back to $15k and then drop even further.

But now the market conditions are better than a few months before so many of us can benefit. Their bitcoin investment is starting to show positive results. They can start selling it now or keep holding it until the next ATH is reached.

^So you mean there is another button price this year
Though it is unpredictable of the BTC price I did not see a reason BTC will again have a correction in that range, it could be there is a correction but it will not exceed $20k. I believed that this is the start of the bull market showing it is a healthy market, everyone was excited to see the new ATH who knows it could be this year even if the next halving did not happen yet. So if you have another way to spend without using BTC, I will do, because every sats now are very important.

[michellee]

I just know that bitcoin had hit the lowest price of the year at $15k and after that, it bounced up again and eventually, the price of bitcoin reached the price we are seeing now. But to say that it's not the lowest price, I can't say for sure because it could go back to $15k and then drop even further.

But now the market conditions are better than a few months before so many of us can benefit. Their bitcoin investment is starting to show positive results. They can start selling it now or keep holding it until the next ATH is reached.

Many new investors have bought BTC in the recent bear market around 15k - 17k. If you calculate that to the current market, then they are in the green side. As new investors, they will most likely sell all of their holdings if they see a sudden drop in price. They are not here to trade or HODL and whenever they think that their profits are going down, they will most likely sell all of their assets.
They don't care about the future. They are here to make quick money.

So I still think there's a chance of BTC falling down again.

It's good luck for those new investors who have managed to buy bitcoin at $15k-$17k because now they see how much profit they will get. And they can keep holding it longer, especially if the price reaches the last ATH.

But if they decide to sell all of their bitcoins, seeing the impending price drop as a correction, that would not be a good idea because the bitcoin price will inevitably bounce back even higher. They should be able to think about their future because they already see the benefits of now. But we'll see what they do when the price undergoes another correction.

I just know that bitcoin had hit the lowest price of the year at $15k and after that, it bounced up again and eventually, the price of bitcoin reached the price we are seeing now. But to say that it's not the lowest price, I can't say for sure because it could go back to $15k and then drop even further.

But now the market conditions are better than a few months before so many of us can benefit. Their bitcoin investment is starting to show positive results. They can start selling it now or keep holding it until the next ATH is reached.

^So you mean there is another button price this year
Though it is unpredictable of the BTC price I did not see a reason BTC will again have a correction in that range, it could be there is a correction but it will not exceed $20k. I believed that this is the start of the bull market showing it is a healthy market, everyone was excited to see the new ATH who knows it could be this year even if the next halving did not happen yet. So if you have another way to spend without using BTC, I will do, because every sats now are very important.

We don't know if there will be another decline later, but what is clear is that there will be a correction to the bitcoin price even though the price has been able to go higher. I also see that now is the start of a bull market but to say it is a real bull run, I am not sure yet because if it were a bull run, the price would increase rapidly and would take many experts by surprise. But getting closer to the halving process, the price can start to increase, so right now, it is still in the bitcoin accumulation stage, which we can use to collect more bitcoins.

[_BlackStar]

Bitcoin trading volume and market capitalization have increased during January 2023, seems good start to expect more increases in the following months. It feels like we are getting closer to $25K although attempts to $24K are still failing. I hope $24K is successfully reached before January ends, this will allow for bullish confirmation.

The current market capitalization has reached US$449,813,816,669, and will continue to increase as the unit price increases. But regarding the consequences and risks, every trader and investor needs to adjust their investment strategy because prices can fall at any time, even without clear reason. Yes, that means DCA needs to be considered.

[kapalmabur]

I've had good PNL so far after doing some accumulation. Obviously taking advantage of the previous bear market has made me profitable today, but what's next - it's going to be something I'll hold them with for the long term (maybe next 2-3 years).

You, I and anyone else still have the opportunity to accumulate assets during 2023. Of course the market is increasing but the market still gives anyone the opportunity to buy a lot. Bitcoin is still at -66% from its previous ATH, and people should be able to take advantage of the current market situation to buy more. I may have had luck getting it at lower price, but that doesn't mean the price won't return to its previous low.

for investors who just entered last year, of course, you already have a high PNL this year, it's evident that you yourself are using this opportunity for accumulation,
but things could change again when you make a mistake, don't be fooled again because the market is actually still not good, WW3 is also in sight so be careful the market will fall again.
don't be in a hurry to do an analysis that the bear market is over, don't let yourself fall into the bullish trap.

[Oilacris]

I've had good PNL so far after doing some accumulation. Obviously taking advantage of the previous bear market has made me profitable today, but what's next - it's going to be something I'll hold them with for the long term (maybe next 2-3 years).

You, I and anyone else still have the opportunity to accumulate assets during 2023. Of course the market is increasing but the market still gives anyone the opportunity to buy a lot. Bitcoin is still at -66% from its previous ATH, and people should be able to take advantage of the current market situation to buy more. I may have had luck getting it at lower price, but that doesn't mean the price won't return to its previous low.

for investors who just entered last year, of course, you already have a high PNL this year, it's evident that you yourself are using this opportunity for accumulation,
but things could change again when you make a mistake, don't be fooled again because the market is actually still not good, WW3 is also in sight so be careful the market will fall again.
don't be in a hurry to do an analysis that the bear market is over, don't let yourself fall into the bullish trap.

For those complete noobs but do be able to get in while bitcoin priced on 16k then they are really that indeed making money as this moment unless if they had made out some sell when it did gain up to 18-20k which we know that it isnt really that a bad spot for you to consider out on selling on your coins which profit is always a profit.You could always make out some buyback if ever the price do make out some correction.

Now the price is playing around 23-24k which is really that hard to tell whether we would be breaking 25k resistance or not.Always move out with caution because we dont
know on what comes next and we dont know on what this market could bring out.

[Ayers]

I just know that bitcoin had hit the lowest price of the year at $15k and after that, it bounced up again and eventually, the price of bitcoin reached the price we are seeing now. But to say that it's not the lowest price, I can't say for sure because it could go back to $15k and then drop even further.

But now the market conditions are better than a few months before so many of us can benefit. Their bitcoin investment is starting to show positive results. They can start selling it now or keep holding it until the next ATH is reached.

^So you mean there is another button price this year
Though it is unpredictable of the BTC price I did not see a reason BTC will again have a correction in that range, it could be there is a correction but it will not exceed $20k. I believed that this is the start of the bull market showing it is a healthy market, everyone was excited to see the new ATH who knows it could be this year even if the next halving did not happen yet. So if you have another way to spend without using BTC, I will do, because every sats now are very important.

There is no certainty that bitcoin will make a new bottom this year, but there is also no guarantee that bitcoin will recover and never drop below $20k again, it's all uncertain. You don't see any reason for bitcoin to drop, but I also see no reason to say bitcoin will rise this year what is happening is not enough to say we are over the bear season and entering the bull season. Bitcoin is unpredictable, so there's nothing wrong with it if you're careful and have a backup plan, don't be too subjective.

[tjtonmoy]

But if they decide to sell all of their bitcoins, seeing the impending price drop as a correction, that would not be a good idea because the bitcoin price will inevitably bounce back even higher. They should be able to think about their future because they already see the benefits of now. But we'll see what they do when the price undergoes another correction.

It will be an interesting event to observe. I am talking about the new investor who thinks BTC as an investment product, not more than that. So when the price will go down a bit, they are most likely to sell to book their profits. And when the market begins to go green again, they will buy.

However, I don't believe that the crypto space has made a negative reputation because the number of investors is increasing each day and there are also adoptions happening. The price will always be volatile and unpredictable but that doesn't make its reputation bad because we are making a profit through it. There are just things that affect its value these past few months.

Increasing investors is never a bad thing but while we talk about the newbie investors, they are just here to make money. They won't zoom out to see the bigger picture. They will sell as soon as they think they have made their desired profits. For that reason, I think it is wise to wait for the market's correction.

[Ziskinberg]

I invest in Bitcoin without a doubt but of course, I make decisions carefully like when to buy and when to sell.
Despite the market situation, I'd never make myself bothered too much whether we reach another bottom or not, my trust remain,s and still optimistic about the future of this project. As I learn how the market works, I understand that not all the time we are in bearish moments, sometime the price will run high which means that we still have a bigger chance to earn a profit.

If someone wants to invest and planning for a long term it's not a problem to just buy more since the price is still cheaper than when it's on its ATH someday. Whoever sell this time might be needing that money or just making a profit from what it's invested but we should always proceed with caution since we still don't know if the bottom was already done or it's still coming.

Crypto investment should always take a higher level of precaution. Anyone who does will avoid losses and fall into the wrong coins. We don't need to rush and accumulate more during the dip but instead, analyze the market trend so well before stepping in. Many people rush to make decisions to buy more crypto during the dip but in the end, they also sell them at a cheaper price.

This might be a bull trap since it's kind of similar in the past where it made some growth yet after a week or two it's just back to the bottom or might as well making a new bottom.

I also think it was a trap but after a few days of keeping on the uptrend, I think it was not a trap anymore but its say the market is started to recover from the dip.

[FanEagle]

The editor of Daily, Teeka Tiwari, is a long-term bull on crypto but he advises caution and patience in the current market. He believes that there are several negative factors that need to be worked through before the long-term rally can restart.

Did he mention about the list of negative factors that we need to consider as of now if we plan to start investing in bitcoin market? I have seen that there would be always some good and bad things are happening around this crypto space but bitcoin market will never react to them for long period of time. When a news arrives, bitcoin market usually reacts based on the impact of those news but the underlining trend will get back to action within 3 or 4 days of time itself.

So, it would be always better to follow the four year cycle of bitcoin market to understand the right on-going trend of bitcoin market. As of now, we are into bullish trend after a long bear market hence any negative news will not able to stop the bitcoin bulls.

[Nrcewker]

Crypto markets should always be treated with caution, no matter whether it’s rising or declining. Currently market has increased a lot, but that doesn’t mean that the market will keep the pace and increase for the remaining time. There might be some ups and downs and it can happen anytime. So our priority is to understand the risk and act accordingly. Trade in limit and only trade the amount that you can afford to lose. At last manage and calculate the risk and invest wisely.

[The Cryptovator]

Still a bear for Bitcoin, as a log run. Although Bitcoin is positive in the short term. Since there hasn't been a significant decline this year, Bitcoin's growth has essentially been organic. Because Bitcoin keeps growing without ever declining, we should proceed cautiously. Although I initially believed it to be a trap, it appears I was mistaken and it is growing. Given that it is impossible to forecast when the price of bitcoin will hit its lowest point, we cannot declare that it has not. Proceed with caution, especially while dealing with altcoin. Altcoins will suffer if Bitcoin crashes even slightly.

[jaberwock]

Still a bear for Bitcoin, as a log run. Although Bitcoin is positive in the short term. Since there hasn't been a significant decline this year, Bitcoin's growth has essentially been organic. Because Bitcoin keeps growing without ever declining, we should proceed cautiously. Although I initially believed it to be a trap, it appears I was mistaken and it is growing. Given that it is impossible to forecast when the price of bitcoin will hit its lowest point, we cannot declare that it has not. Proceed with caution, especially while dealing with altcoin. Altcoins will suffer if Bitcoin crashes even slightly.

I think looking at the past and calling bitcoin something is a wrong move. You can say what it "was", but not what it is right now. Looking at the price and how it moves right now, I can say that it has been quite a bull run so far in the long term and that is why it is such a good thing.

I believe that the bull run that we have started so far is an important one because it gives people a chance to actually make a profit, if you are good then you are good, if you are not good then it will show and we will  go back to bear market. I think it won't though, I think it's going to stay in the bull market and keep going up, until it hits 30k+, then it could slow down a lot and have some small drops again.

[Silberman]

Crypto markets should always be treated with caution, no matter whether it’s rising or declining. Currently market has increased a lot, but that doesn’t mean that the market will keep the pace and increase for the remaining time. There might be some ups and downs and it can happen anytime. So our priority is to understand the risk and act accordingly. Trade in limit and only trade the amount that you can afford to lose. At last manage and calculate the risk and invest wisely.

This is the way it should be, newbies look at the markets when they are experimenting a positive trend and somehow they think that they can leave behind any caution and do whatever they want, but this is not true, the markets are full of reversals, bull traps and manipulations by the whales that even if things are fine at this time we never know when circumstances could change, and if you are overexposed to the market at the time you are going to get destroyed.

[Strongkored]

Yes, totally agree -But i think we might see some big drop more , and then a really good bull run  
Market makers will take some huge profits on drop, as most of people , like also You guys think that we where at bottom - its too easy to be true , that we are going now only upwards (not talking about corrections etc.).

The decline that occurs after a period of increase occurs as an adjustment because it is impossible for the price of BTC to go up but not down, and no one will ever know for sure where the bottom is as well as the top what you have to do is be careful as you say, but long term btc holders will always ignore what happens in the short term because they already have targets in the long term, and btc holder know they've made the right decision to keep it for long term.

[michellee]

But if they decide to sell all of their bitcoins, seeing the impending price drop as a correction, that would not be a good idea because the bitcoin price will inevitably bounce back even higher. They should be able to think about their future because they already see the benefits of now. But we'll see what they do when the price undergoes another correction.

It will be an interesting event to observe. I am talking about the new investor who thinks BTC as an investment product, not more than that. So when the price will go down a bit, they are most likely to sell to book their profits. And when the market begins to go green again, they will buy.

When new investors panic because of a price drop which becomes a correction in the market, we are the ones who are lucky because we can buy at a low price and then save it as a long-term investment. Those who sell will only regret it, especially when the price bounces back to its original price and even higher because they have sold their bitcoins at such a low price.

They could have bought again when the market started to turn green, but they had to analyze to find out whether it was a reversal or just a temporary increase that another decline would follow.

[Lanatsa]

It's true that despite the negative reputation that crypto assets have, they have been performing well in the beginning of 2023. Bitcoin, as an indicator of the overall crypto market, has risen 27% since the start of the year, while the S&P 500 has only risen 2.6% and gold has risen 5.4%. However, it's important to remember that the crypto market is still in a bear market and the bottom has not been reached yet. The editor of Daily, Teeka Tiwari, is a long-term bull on crypto but he advises caution and patience in the current market. He believes that there are several negative factors that need to be worked through before the long-term rally can restart.
It's important to be aware of these negative stories and to not let the bear market trap you.
It's also worth noting that the crypto market is still relatively small, so it's not necessary to make large investments to see significant returns as the market improves. It's recommended to be cautious and to focus on incredible buying opportunities when they arise. Despite the current market conditions, the future of crypto remains promising, with institutions like Fidelity launching new bitcoin products and more favorable regulations in countries like Brazil. Over the long-term, the outlook for crypto is positive.
More info at cryptocartel.co

Bitcoin is an asset that can not be predicted it might increase to ur favour now and may later fall back. Just imagine Bitcoin is still at 16K u may likely think it will increase but not knowing it has reach its pick.

Peak you do mean which there's no way that we could be able to determine on where it would be stopping and making out correction and this is why it cant really be point out precisely.This is why we do really make

out lots of analysis whether it would be fundamental or technical on which it is really that common.Market could be rising or falling and as a trader then you should really know on what you should gonna do.

Dealing with volatile market is really that emotional affecting or your mindset.This is why having some real experience is something that would help you on dealing into this market
and on the things which you should need to do.

[GeorgeJohn]

Actually i will say that the increment of Bitcoin recently surprised many people, so therefore i will say that Bitcoin now is not something someone can be fully be dependable, because the price of Bitcoin can be reversible at any time, so i believe Bitcoin have its impact it normal play towards the increase in price and also decrease in price. Let us not conclude that this is the final time Bitcoin will experience bearish in year 2023, so the possibility is there that the price can collapse any moment.

[Rengga Jati]

....the bottom has not been reached yet....

How do we know that the Bitcoin price bottom has not been reached? And how much is Bitcoin's bottom price? Is it really possible to reach that rate when things get worse in the future? Isn't it that we can't predict how much the real bottom price of Bitcoin is?

It's recommended to be cautious and to focus on incredible buying opportunities when they arise. Despite the current market conditions, the future of crypto remains promising, with institutions like Fidelity launching new bitcoin products and more favorable regulations in countries like Brazil. Over the long-term, the outlook for crypto is positive.

Good news and bad news in cryptocurrency are normal conditions. What's more, the FUD will really easily give pressure on and influence on the Bitcoin market. I really agree with the advice of being cautious and focus moreover on this bearish market. We will not know exactly what FUD will be spread again later and how it will influence the price. For, during the bearish market, Bitcoin price will be always still highly volatile, and can drop very much very easily. That is why, being cautious will be needed, plus being wise and smart in deciding any decision to buy and hold.

[pawanjain]

It's true that despite the negative reputation that crypto assets have, they have been performing well in the beginning of 2023. Bitcoin, as an indicator of the overall crypto market, has risen 27% since the start of the year, while the S&P 500 has only risen 2.6% and gold has risen 5.4%. However, it's important to remember that the crypto market is still in a bear market and the bottom has not been reached yet. The editor of Daily, Teeka Tiwari, is a long-term bull on crypto but he advises caution and patience in the current market. He believes that there are several negative factors that need to be worked through before the long-term rally can restart.
It's important to be aware of these negative stories and to not let the bear market trap you.
It's also worth noting that the crypto market is still relatively small, so it's not necessary to make large investments to see significant returns as the market improves. It's recommended to be cautious and to focus on incredible buying opportunities when they arise. Despite the current market conditions, the future of crypto remains promising, with institutions like Fidelity launching new bitcoin products and more favorable regulations in countries like Brazil. Over the long-term, the outlook for crypto is positive.
More info at cryptocartel.co

Well said mate. I personally think it's the time to monitor the market closely and wait for opportunities to buy/sell the coins.
Looking at the charts I think we will see a correction in the next few days followed by a good spike in the prices.
If that happens then I guess it will be a good time to place our buy orders when the market recovers from the correction.