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Author Topic: High Rise, High Fall?  (Read 5666 times)

Offline TomPluz

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High Rise, High Fall?
« on: February 07, 2021, 04:05:09 AM »
All cryptocurrency enthusiasts are all looking to that day when what they are holding - they be Bitcoin or otherwise - can go for a bull run. And that is what is happening right now. Unlike in 2017, this is a prolonged type of a bull run and many are predicting this can go on for the rest of 2021 as more and more institutional money is positioning to join the BTC party.

However, there lingers that feeling or maybe a certain amount of fear that the high the rise of Bitcoin, the high also is its fall later. I am sure the same thing happened in the past with what many called as crypto winter and there are those who are concluding that history is not going to be giving an exemption even at this time.

So should we be celebrating Bitcoi's best performance and yet still preparing for the worst?

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High Rise, High Fall?
« on: February 07, 2021, 04:05:09 AM »

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Offline Magepai

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Re: High Rise, High Fall?
« Reply #1 on: February 07, 2021, 04:31:06 AM »
Of course, this is a good time for cryptocurrency enthusiasts. It is seen that many big companies are showing interest in Bitcoin due to which the price of Bitcoin is increasing like a bull race. The price of Bitcoin has now doubled since 2017. I no longer think that the price of Bitcoin will go down.
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Re: High Rise, High Fall?
« Reply #2 on: February 07, 2021, 05:04:24 AM »
in the world of buying and selling it is already a risk when the price is high in profit and when the price falls it is at a disadvantage, so the conclusion must be mental, patient and learning a lot in the crypto world that is the main capital to be able to join the crypto world and get profit, this is  In my opinion.
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Re: High Rise, High Fall?
« Reply #3 on: February 07, 2021, 05:12:36 AM »
Yes, brother, you are right. The faster the thing grows, the faster the thing falls. I agree with you. Because we have faced such incidents many times in the past. By the end of 2020 By mid-January 2021, the value of the bitcoin had risen sharply. But after a few days, the value of bitcoin is seen again Absolutely $30k came down after dumping. Bitcoin is still following the same path now.
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Re: High Rise, High Fall?
« Reply #4 on: February 07, 2021, 08:56:48 AM »
As this is Trading platform so High rise and High fall both are the very common incident in crypto currency trading as well as any trading platform. But current market doesn't show negative attitude. The market is very much positive. 

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Re: High Rise, High Fall?
« Reply #5 on: February 07, 2021, 09:51:20 AM »
Of course, this is a good time for cryptocurrency enthusiasts. It is seen that many big companies are showing interest in Bitcoin due to which the price of Bitcoin is increasing like a bull race. The price of Bitcoin has now doubled since 2017. I no longer think that the price of Bitcoin will go down.

Yes, I see several big companies already interested to bitcoin.  I think is really going strong now. I don't believe it will dump, I think it's just market correction before to hit new ATH again. Let's see , we will see the bullish

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Re: High Rise, High Fall?
« Reply #6 on: February 07, 2021, 10:02:23 AM »
After great growth there is usually a drop, yes, but this time it has not been as strong or as pronounced as in 2018. This time it has not only held up much better in the upper zone, but it seems that it is preparing for another great growth. Hope this time there is some room for altcoins growth.
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Altcoins Talks - Cryptocurrency Forum

Re: High Rise, High Fall?
« Reply #6 on: February 07, 2021, 10:02:23 AM »



Offline Arendra

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Re: High Rise, High Fall?
« Reply #8 on: February 07, 2021, 01:14:35 PM »
Because in crypto there will always be ups and downs. This is common. All we need to do is sell when our target is reached, don't be greedy because it will destroy us.
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Re: High Rise, High Fall?
« Reply #9 on: February 07, 2021, 01:31:59 PM »
He went up and over $ 40,000 on Friday and Saturday. Now it's down to $ 38500. I do not understand what they want to do. Altcoins fryed when it rose hard, now it is slowly retreating and altcoins have turned green. Let's see what will be the weekly candlestick chart tonight?

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Re: High Rise, High Fall?
« Reply #10 on: February 07, 2021, 01:43:06 PM »
Well that's the best way of securing your money from being burned in the air. We do not know what will be the exact situation of the price of bitcoin in the next future and being prepared is the way to losing nothing.
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Re: High Rise, High Fall?
« Reply #11 on: February 07, 2021, 03:56:40 PM »
You're right it has happened with many cryptocurrencies many times. Nowadays, the price of Bitcoin has gone up a lot overnight. And many think the price of Bitcoin could exceed 50,000$. But I think one day Bitcoin will fall. Brother, I agree with you. However, it is often the case that Bitcoin cannot be lost from cryptocurrency so quickly.
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Re: High Rise, High Fall?
« Reply #12 on: February 07, 2021, 04:23:02 PM »
It might be as we know after the impressive high peak performance of Bitcoin the crash is the next big thing to wait and then time to buy and hold. The question is until when the price climb? And the last day of pump?

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Re: High Rise, High Fall?
« Reply #13 on: February 07, 2021, 06:10:15 PM »
Yes, you are right we have to be prepared for another winter season in crypto. Bitcoin will dump a lot after the bull. The bull run will not last forever. But for long it will show again a bull run. It is just a matter of time when it will happen
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Re: High Rise, High Fall?
« Reply #14 on: February 07, 2021, 11:38:40 PM »
Yes, these are the risks of the crypto where we can earn high and also lose thigh. It will depend on how you set the strategies in order to make higher profits and also more significant to rise. But we must also be ready with the decreased price. That is why we must do what we can reach. never force to get more than what we can
« Last Edit: February 09, 2021, 07:03:23 AM by gotbounty »
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