When crypto spikes, exit the market

[@nn@_pen9]

You were exactly where you were supposed to be. That is before the spike not after it.

If you can exit and make a profit from trading, it would be good for the trader. But sometimes traders are not satisfied enough with the profits they get. Even some beginners do not know the selling targets they can achieve. Their hope is for bigger profits, but they do not anticipate the downturn after a price surge. Traders who have overly high expectations usually panic when a rapid decline occurs following a price spike.

You're right, this happens almost exclusively to beginners. Greed or dissatisfaction with profits is a major enemy for beginners and can also lead them to hold positions too long, risking losing their profits.

We should set a clear profit target before entering the market, as this can help them make more rational decisions. Without a target, they can become trapped by their own decisions. In this case, we really need a proper strategy and discipline so that beginners can avoid common mistakes and increase their chances of success in the market.

[Unknown Op]

I keep on telling traders this same thing, most of them slseevit as an opportunity to make money because of how volatile it is and it can give you huge amount in minutes.

But they do not consider it the other way round. Loosing money is One thing, but loosing it in seconds is more emotionally disastrous.
In a situation where you see Spikes like that not only iin crypto also in forex the best thing to do is just to avoid the market at that particular moment. Trading news also it's a bad idea as well

When you are in crypto for a long time, you get used to it. Altcoins are still insanely risky so you could lose it all and it won't even recover, so many alts just went down and stayed there so that's another situation. But when it comes to big ones, like the top 20, they may go down with the market at some time, but they will go back up. So seeing it crash in a single day, is of course still bad, but also something we are used to.

So many times I wake up and see my money 10%+ down, it's becoming boring to see that, I do not feel any emotions at all. Main reason? Because I also saw it go up 10% as well, much more. This is why I do not worry because I know that even if it's down now, it will go up eventually in the end.

I saw many people who are giving information to the people who have no Knowledge of Bitcoin And cryptocurrency and many people saw that Bitcoin price is going up then they think it Invest in that and they thought that market will go up and up and they are fool and they don't know the market will recover many  times and it could down and we will see big down  due to multiple reasons and they will take exit when market is going down and they are thinking that match will go more down because they are not intelligent to think that is trade and we can see a good pump and if we want to be investor or trader we have to learn more about Bitcoin. Bitcoin is best for the people who are doing work to learn and they are ready to change with market . People are becoming rich by doing labour because we saw many people who are in the foreign countries and they have money to invest but have no time to think where there they will save and invest money.

[Josefjix]

So many times I wake up and see my money 10%+ down, it's becoming boring to see that, I do not feel any emotions at all. Main reason? Because I also saw it go up 10% as well, much more. This is why I do not worry because I know that even if it's down now, it will go up eventually in the end.

Maybe you've been in the space of longer period of time, and that you've built the emotional pains that may caused it, it's not always easy to withstand the pressure the market downtrend comes with, that's why I always say that traders should've been provide what he can afford to loss.

[Smartprofit]

In my opinion, traders have virtually no benchmarks to objectively forecast Bitcoin's price dynamics. A sharp price increase does not guarantee that Bitcoin has peaked and will not rise further. The only more or less objective benchmark for traders and investors is Bitcoin's four-year cycles. However, Grayscale recently suggested that four-year cycles are no longer relevant, and that Bitcoin's price will reach its ATH in 2026...

In my opinion, Bitcoin's four-year cycles are an objective reality. They are determined by Bitcoin's software algorithm. After all, there is such a thing as halving, the point in time when miners' costs to mine one Bitcoin double. Did Grayscale really cancel halvings? I'll never believe that! 🙋

Miners are commercial organizations, not charities. They won't mine Bitcoin at a loss.  After all, they periodically have to upgrade their equipment and buy new ASIC miners. And they constantly buy electricity, using fiat money. It's also worth noting that miners ensure the security of the Bitcoin network. As long as Bitcoin uses the Proof-of-Work (PoW) consensus algorithm, the miners' problem is not only the miners' problem, but also the problem of all coin holders...🎛️

In my opinion, to prevent miners from going bankrupt, the Bitcoin price needs to be higher than it is now. In my view, Bitcoin reaching a new high in early 2026 doesn't disprove the existence of four-year cycles. At the same time, price peaks could well shift forward a few months, and in my view, that's normal. While I'm not going to speculate on what the Bitcoin price will be in 2026, experience shows that it's a hopeless endeavor! After all, Bitcoin's ATH could be in 2027.

[reagansimms]

Whatever you might be trading, bitcoin or memecoins, when the market spikes take it as a sign to leave not to enter the market. That should be the time where you know you have an edge over other traders because you were able to take advantage of when the market spiked. You were exactly where you were supposed to be. That is before the spike not after it.

Remember, Early birds get the worms.

I think you are using a "buy low, sell high" strategy, The crypto market is very volatile, so it's very important, however, that you try to do it with a more dynamic twist, but it's all your choice, and every trader and investor certainly has a different strategy. This strategy may be very suitable for your risk tolerance, but not for others, some of whom prefer to hold for the long term without caring about the small profits that have been seen, they are even more obsessed with buying because they believe in the long-term potential for greater profits.

[Arenga pinnata]

So many times I wake up and see my money 10%+ down, it's becoming boring to see that, I do not feel any emotions at all. Main reason? Because I also saw it go up 10% as well, much more. This is why I do not worry because I know that even if it's down now, it will go up eventually in the end.

Maybe you've been in the space of longer period of time, and that you've built the emotional pains that may caused it, it's not always easy to withstand the pressure the market downtrend comes with, that's why I always say that traders should've been provide what he can afford to loss.

When we are confident enough that the coins we have purchased will eventually rise in price after a decline, then we will not worry at all when the market falls and the coins we have purchased also decline. Apart from Bitcoin, we often see this happening with ETH and BNB. These coins sometimes experience a 10 percent decline in the same week and then rise by the same amount the following week. This cycle has also been happening recently.

However, for beginners, this still causes panic. But for those who have been in the market for a long time, seeing volatility in the market is considered quite normal and sometimes does not really affect their emotions. Personally, I feel calm about the Bitcoin I hold. However, when trading altcoins, I still always feel a sense of worry.

[As-Soon-As]

Whatever you might be trading, bitcoin or memecoins, when the market spikes take it as a sign to leave not to enter the market. That should be the time where you know you have an edge over other traders because you were able to take advantage of when the market spiked. You were exactly where you were supposed to be. That is before the spike not after it.

Remember, Early birds get the worms.

Cryptocurrency is most popular because of its volatility, if there was no volatility then no one would have entered cryptocurrency. Because the more volatility there is in the market, the more investors or traders can profit, market volatility gives traders the opportunity to make more profits. You should remember that everyone wants to take advantage and when they get a good opportunity, traders or investors in cryptocurrency start using their money to get the best out of it.
Maybe the one who has more experience and has more risk-taking ability is the only one who gets the best chance to profit in the market. Remember, only the one who takes the risk can take the opportunity.

[dunfida]

Whatever you might be trading, bitcoin or memecoins, when the market spikes take it as a sign to leave not to enter the market. That should be the time where you know you have an edge over other traders because you were able to take advantage of when the market spiked. You were exactly where you were supposed to be. That is before the spike not after it.

Remember, Early birds get the worms.

Cryptocurrency is most popular because of its volatility, if there was no volatility then no one would have entered cryptocurrency. Because the more volatility there is in the market, the more investors or traders can profit, market volatility gives traders the opportunity to make more profits. You should remember that everyone wants to take advantage and when they get a good opportunity, traders or investors in cryptocurrency start using their money to get the best out of it.
Maybe the one who has more experience and has more risk-taking ability is the only one who gets the best chance to profit in the market. Remember, only the one who takes the risk can take the opportunity.

When the market spikes that is the moment to step out not jump in because the profit was made before the move and entering after the spike usually traps people at the top. the edge belongs to the trader who was already positioned before the breakout and leaving during the spike protects the gain while everyone else chases too late. early birds get the worm because the win comes from preparation not reaction. Crypto became popular because of volatility since without those sharp moves nobody would bother trading it and the wild swings are what create the chance for fast gains. volatility gives traders room to act and every time the market opens a window people rush to use their money and pull something out of it.

Experience and risk tolerance shape who gets the best opportunities because the person willing to take a calculated risk before the crowd often ends up collecting the reward. the market favors those who act at the right time not those who wait for the spike to confirm what they already missed and in crypto the window is always small.

[doomloop]

There are a lot of ways that bitcoin can show you that it will go down, but after seeing it go down is the worst time to sell. You either have to keep holding it and get more to do DCA, or you have to just sell beforehand. How would you understand that bitcoin price is about to go down? Well after the halving, it will go up for a year or so, maybe about 14-15 months, and when you have an all time high that is not going any higher and staying at that all time high, then you need to sell, put a stop loss to buy back and you will be fine.

All crypto markets are not same and with bitcoin, you can easily spot the top as we do have predictable four year cycle for bitcoin markets. As long as bitcoin obeys this 4 year cycle then can easily say that on spike, we need to book profit and must wait for bottom to get back in.

[bounceback]

Whatever you might be trading, bitcoin or memecoins, when the market spikes take it as a sign to leave not to enter the market. That should be the time where you know you have an edge over other traders because you were able to take advantage of when the market spiked. You were exactly where you were supposed to be. That is before the spike not after it.

Remember, Early birds get the worms.

This is not a solution for day traders, because for a trader every time the market moves up or down, they will always use it as a momentum to gain profits, when the market experiences an increase, it does not mean that the market continues to soar without any decline, but we often see that every increase that occurs in the market will always be accompanied by a decline so that the decline becomes a gap for traders to take buying action and they sell it again after making a profit, indeed there are some of them who take exit action temporarily after successfully selling their assets when an increase occurs, but they usually exit the market only to prepare research on the next market movement and then they will re-enter the market with a new strategy.

[EarnOnVictor]

-snip-
Remember, Early birds get the worms.

As much as I want to agree wth you, I couldn't agree in its entirety, the market's uncertainty will always play out in situations like this. Fine, we've seen many cases where the market acted on your warning, but we've also seen many other cases where the market acted against it. This is why I would say that we should carefully study the market before buying or exiting. Don't forget that where you exited could be the beginning of its rising. We've seen that in play many times. For this, I believe our charts should rather guide us instead of acting randomly on our own, out of fear.

[CageMabok]

...

I think you are using a "buy low, sell high" strategy, The crypto market is very volatile, so it's very important, however, that you try to do it with a more dynamic twist, but it's all your choice, and every trader and investor certainly has a different strategy. This strategy may be very suitable for your risk tolerance, but not for others, some of whom prefer to hold for the long term without caring about the small profits that have been seen, they are even more obsessed with buying because they believe in the long-term potential for greater profits.

Buying low and selling high is a strategy that's very common, even among very novice traders. However, it's still excellent for traders who prefer to trade in the spot market, as achieving profit targets is always more difficult and requires a gradual approach. For those who prefer to hold for the long term and aren't overly concerned with small profits, this strategy will also be easier to implement because they only need to focus on the weekly or monthly buying point. The target selling price can be considered later when they intend to sell back into the market.