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Author Topic: Im new here but Im old trader i keep eyes on Market.  (Read 720 times)
Wiwo
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April 20, 2024, 08:40:56 PM
 #61

It is not always easy to sell and buy back that way. You can easily sell when there is big profits and leave the money in stable coins or fiat but the challenge is buying back because the entry point will become very confusing. During the recent retracement, many people were waiting for price around $50,000 as they thought it will go that low. Most of those people did not get their orders filled because price did not reach the area they have the buy orders and if price continues to rice higher as a result of the recent bitcoin halving, they will miss the entire gains they would have made because they sold so early. Buying low to sell high is better is it is planned across market cycle and not in a short time when price has already taken off.

I agree with you on the difficulty of buying back when you sell at profits, s9me time if you are not carful you may end up losing all the profits that you already accumulated from selling at the top.

Other hard aspect of that is when you buy back and the market slid back further,  that point you lose more and more until you possibly lose all the earlier gained profits, so in general it very hard to apply that approach most especially for newbies.
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April 21, 2024, 03:55:53 AM
 #62

The conflict between Iran and Israel may seem to be one of the reasons why the market corrected itself so quickly, but we can't be sure as you said, it could be a coincidence because we were already expecting a correction before the halving event and as we keep getting closer to the halving, the market would either move up or down drastically because there will be a lot of attention from new and old investors and there will be a large amount of volume coming in and out.

We will surely see a lot of buying pressure in the next few days or a few weeks because people will keep hoarding Bitcoin around the halving event because they are waiting for the long-anticipated bull run which showed a small signal earlier but will surely do more than that.
This is true, buying pressure will not be something small neither, people will realize that things are quite good at the moment and they are going to try their very best without a doubt. I believe that the best way to go with crypto right now would be trying to get as much as possible. Accumulation is the way to go and it will definitely allow people to see the situation grow as well, if you do accumulate enough, the price will go up and you are going to profit.

However, there are a lot of people who fear what they will do if the price goes down, in that case a trailing stop loss is the way to go so that if you do end up making a mistake then you are going to end up with a trouble and will not make a big loss if it goes down.

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April 21, 2024, 07:56:24 AM
 #63

-snip-
I believe that the best way to go with crypto right now would be trying to get as much as possible. Accumulation is the way to go and it will definitely allow people to see the situation grow as well, if you do accumulate enough, the price will go up and you are going to profit.
Trying to get as much as possible also needs to pay attention to what coins you want to collect.
Don't just collect, but there is no certainty about how the coin will develop.

Buying gradually Bitcoin or the top Altcoins will provide a good opportunity to be able to enjoy profits when the Bull run arrives.
Especially now that the price of Bitcoin is still quite low and down from the previous ATH.

In addition, seeing how the crypto trend continues, we have what is the great potential to make more profits.
When the potential of memecoin is hype at the moment, then do your research and take part in the trend, it can generate profits quite quickly but with great risk.
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April 22, 2024, 06:55:34 AM
 #64

Old trader?  Grin

Grow up kid. You're not fooling anybody.

Quit acting like you know what you're talking about.

but jimbo don’t you want to read his predictions?

but, Phil, you want to see more of this?

I see btc price Will be in 1-2 days 73-75k easy.

Two days later, hits 64800!

but shorts will be liqutated the long orders power its stronger until next btc price target 75k +

Imagine going long based on this "old trader" advice.
Or even better doing some 50x leverage

And it's not just about price alone right now i see the whales buying themselfes so If they buy it then i buy it you can't go wrong If you do exacly Same what the whales doing it.

Yeah, that's the problem, you newbie!
You forgot the key element when doing what whales did, you went long when they dumped, and you have not a penny left to "fill" your bags when they do so!
So seriously, stop this farce, it's cringe material!


I said they play with it the base level are 60k and i load my bags here i don't want to miss the opportunity.
My buying plan when btc 60k-70k
Just load your bags and stop talking because you are just drowning yourself from your own words
because in the first place it seems that your claim is not reflecting in what you are saying so just keep
your bags filled with investments and just forget about your thread here lol.
Yes Bitcoin price has reached 63 thousand dollars currently. It is not unusual for Bitcoin to reach $40,000 to $45,000 after the halving.
why? have bitcoin stays more than 40k from the 2021 halving?what do you mean that it is not usual for bitcoin when there are no impossible to this market.

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April 22, 2024, 07:08:03 AM
 #65

Last update of info:  Whales shake off Market the actual base level is 66-67k for btc but whales like to take it down and then it up and and again down just to play with it and confuse traders.
But If btc price 60k-70k price range it's good price to buy


The performance is like that, they will always press the market to get the desired price. Yes, we only need to hold BTC for 2 years at least until the end of 2025 from now on, after that the story just starts again the massive sell-off occurs again at the beginning of next year.

I think the current conditions, especially if we have been in the market for a long time, this is not too confusing, but look at it and follow the pattern as an opportunity.

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April 22, 2024, 09:42:16 AM
 #66

To get something good from the market one must keep a sharp eye on the market. Bitcoin has been bearish for a long time after 2021 from which it tried to break out but could not rise. Now that position no longer exists. Currently, Bitcoin is on the verge of crossing that previous all-time high and setting a new high. This year Bitcoin spot ETFs entered the ETF market and another Bitcoin halving took place last Friday. Which plays a major role in increasing the investment along with increasing the confidence of the investors in the market. Bitcoin bounced back from 73k to 60k and again touched 66k. But I can guess that Bitcoin is preparing for a big bull market. This is the best time for those who have not yet held their desired coins. Bitcoin and some fundamentally strong altcoins could be massively bullish in the coming bull market. At this time it is better not to get excited but to plan how to grow your investment.

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April 22, 2024, 12:06:02 PM
 #67

Well, your trading experience OP could help you understand the market and your position. You should have to remind yourself that there is nothing in here, it is a risky and tricky market and every mistake we make will correspond to possible losses.

So I would say that never be hurry and keep yourself updated. Keeping an eye on the market charts, price trends, etc is a helping tool to make good decisions and plan. The market is so volatile so we also need to be adaptable in the situation and always have 2nd option in case the 1st option fails.
Buy now, hold, and sell later --that will work really. The bull season is not over yet, we can expect more pumps after halving. 


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April 22, 2024, 04:55:58 PM
 #68

The performance is like that, they will always press the market to get the desired price. Yes, we only need to hold BTC for 2 years at least until the end of 2025 from now on, after that the story just starts again the massive sell-off occurs again at the beginning of next year.

I think the current conditions, especially if we have been in the market for a long time, this is not too confusing, but look at it and follow the pattern as an opportunity.
If you can be patient in holding it for more than two years, that would be even better because people who are used to the crypto market certainly already know how the crypto market cycle itself. So it is true that confusion will not easily occur for people who are very familiar with market cycles because more Bitcoin price changes often occur every four years. And this can at least still be a reference for everyone, even though it is not the only reference that must be used as a basis either.

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April 22, 2024, 05:34:16 PM
 #69

~~~

The performance is like that, they will always press the market to get the desired price. Yes, we only need to hold BTC for 2 years at least until the end of 2025 from now on, after that the story just starts again the massive sell-off occurs again at the beginning of next year.

I think the current conditions, especially if we have been in the market for a long time, this is not too confusing, but look at it and follow the pattern as an opportunity.
I'm not really sure if the market scenario is as predictable as you say. It is inherently difficult to predict the future especially since bitcoin is unregulated and freely traded. The ATH predicted in 2025 may not be achieved as the figure mentioned, but as long as your target has been achieved then you never need to wait for the end of the year to make a profit.

It's a good idea for you not to wait for the end of the year to sell your bitcoin holdings, but the goal is to get the profit you expect. The market can reverse direction whenever it wants, this is clearly due to demand and supply factors. Waiting 18 months after the halving is an initial plan that many investors might consider, but I wouldn't wait that long if my target was already achieved.

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