Quote from: bitmover on April 18, 2024, 07:33:55 PM

Quote from: tranthidung on April 18, 2024, 07:04:38 PM

See two charts and discover a fact that intelligent investors bravely buy in bear markets, when most serious tests on their belief and mentality. Price did not hold if there are not strong believers and investors. It's not luckiness for Bitcoin, Gold and their investors to hold price in bear markets and tested in many bear markets in history. Their cycles can be longer or shorter but you can see how psychology of market cycle works.

Just as Rothschild said , buy when there is blood in the streets:




The point is not go with buzzworda and trends. We want to be doing the opposite of everyone. Buying when the price is falling, and selling when the price is hitting ath or close by

I didn't start to sell in this cycle yet, I plan to do so after we pass 80k. I hope we do soon

I think doing the opposite of what everyone does is not just as easy as it is because we all know the fact that we should atleast have enough knowledge in doing so before we proceed to something like jumping into it fully. It also requires patience, effort, consistency and capital before achieving success but yeah that is not that easy as we all know it needs a lot of time prior to hitting the goal.

I think the goal should more of not doing exactly what others are doing, to try and modify what others are doing and not necessarily do the opposite, because in some cases, everyone could be doing the right thing but not doing it well, so doing the opposite means doing the wrong thing while trying to do it right and the result would still turn out to be wrong.
The crowd have a way of making an effective approach look or provide ineffective results, so the best thing is not to follow the crowd but to modify what they're doing and make it a lot more effective.

Quote from: dekafee79 on May 17, 2024, 03:15:02 PM

but the profits of altcoins are greater than bitcoin, that should be our main consideration. if I invest in bitcoin for the long term, and altcoins for the short term. That's just our choice in seeking profits in investing. All choices are up to you

I also do this, I invest in bitcoin for the long term, while I invest in altcoins for the short term, and it's working so far. All opportunities are in front of us, depending on how we can utilize them well.

as long as we can and are able to invest in both, it is a good thing to do, as long as we can analyze it well. However, I also agree that all decisions are in our own hands, so it's up to us what we do.

I stopped investing in altcoins for quite a long time now because altcoins investments carries a lot more higher risks and you can lose more. My previous experiences with altcoins wasn't really blissful and I don't regret saying no to altcoin investment.
Bitcoin on the other hand has proven to be quite a more secure and efficient way to invest and I've never regret choosing bitcoin over altcoins,.

actually it is more interesting to remember what is the performance of bitcoin price before the Halving because after that moment ? the price of bitcoin shows craziness and make it pump and dump for some time now.
I hardly see any positive views in the past week but this week seems to be a best movement of bitcoin so far after that halving .

I know that judging from Bitcoin's performance before and after the halving, a lot of people would end up and arrive to the conclusion that the just concluded bitcoin spot ETF had a lot more positive effect on bitcoin than the long awaited bitcoin halving, because after the acceptance of the bitcoin spot ETF, just as speculated by investors, bitcoin did so well and even established a new ATH and people were expecting a more positive performance after the halving but since after the halving till now, bitcoin has been rather sluggish and many investors have been quite disappointed as many have already sold at lower prices.
The reason for this is simply because the market is in some sort of a recuperation period or what we know to be a correction, bitcoin uses this period to prepare the market for another Bull run, once the correction in the market is conclude, we will be expecting another ATH, and this could be just a matter of weeks or months butbwe are sure that it'll happen real soon.

Quote from: Dr.Bitcoin_Strange on April 14, 2024, 11:55:06 PM

Trading is not a get rich quick scheme. Trading can even be a get poorer scheme for any body who doesn't have the knowledge of trading and just jump straight up into trading. Even those who have years of experience in trading usually experience losses and sometimes their loss is usually significant. So, if experienced traders can face losses, that means newbies will even loss more than those who more experienced than them. Trading is not something that anyone should forcefully rush into without first learning how to trade.

I think trading should be considered as a course, just like other programming courses that we have. It certainly requires a step-by-step approach to mastering all the fundamentals that might be necessary. Due to greed and ignorance, newcomers choose to skip these fundamentals, or sometimes take a few lessons before jumping into it. They fail to realize that the activities of the market are far beyond their level, which would certainly put their investment at risk. There are other ways to make money, for which trading should not be an option for those with less interest. If someone happens to have interest, then he/she needs to follow the right path by learning what's needed.

I believe there are online and offline basic and intermediate trading courses that aids beginners and traders to study and master the art of trading. Trading is an art and have tools and materials that helps you master the art but the problem is that most beginners come into the trading industry with a very big misconception of what trading is all about and then they fail to first acquire the necessary information and knowledge required, and they end up gambling with their finance and when they incur losses, they leave with the impression that crypto trading is scam.

Though trading and gambling are two different things, in my opinion those who are not well versed in trading related matters, there is no difference between trading and gambling. A trader needs to acquire various skills for trading. But gambling does not require much skill. Because gambling is largely dependent on luck. A gambler can gain a lot from gambling if he gambles with little knowledge of gambling but there is no chance of making quick money in favor of a trader.

The two concepts are indeed different but yet have something in common which is the involvement of risk, how successful you are in both of them depends on your risk management and tolerance.
Gambling is mostly more about luck and chances and less skill and experience while trading requires more of skill and experience and less luck and chance, to be a successful trader, youll need all the knowledge, skill and experience about thr market's dynamics in other to help you make logical decisions while trading.

Quote from: IvugeoEvolutionCoin on April 24, 2024, 07:41:35 PM

I think all trading has risks, even trading in our own way also has risks that can make our assets disappear, so never be afraid of the risks, continue to face everything in the right way and remain alert to the situation in the market. Don't be easily influenced by price increases that occur temporarily because it could just be a trap.

All trade has the risk but we should not take this risk without knowledge and if we acquire skills well, have money for trading, have tolerance for every position and are efficient of using a specific strategy for specific types of coin then we should take the risk.

And it's always advisable never to risk more than you can afford to lose because that's what mainly brings the frustration after losses.
Certainly the market is highly volatile and unpredictable and have the potentiality of losses, the losses will always come, which is why it's important to manage your risks and work on one's risk tolerance in order to avoid losing too much.
It's true that no risk no reward but that doesn't mean one should go ahead to risk what he can't afford to lose.
This is mostly the problem with investors, due to promises of high returns and profits, they end up risking way too much and when things doesn't go as planned, they become frustrated.

There are some investors whose greed works so much that if they invest in anything they start dreaming they will get high profits from it. But if that asset comes from a scam project, greedy investors expect something good from that investment. But if they could control their greed then they would sell it after getting a small return. Such images are often seen on investment platforms. Where greedy investors lose their wealth.

Greed can also make an investor to risk investing more than they can afford to lose and ignoring one of the primary rules of investment, which is never to invest more than you can afford to lose.
Because of greedy, they end up investing way too much and more than they can afford to lose due to the high returns and profits promised, and when you ask them, they'll tell you no risk no reward.
Although sometimes the risk down actually pay off and most times it can ruin one's financial life totally and send you back to square 1.

Quote from: Gurujebs on May 14, 2024, 01:17:41 PM

Quote from: Fivestar4everMVP on May 13, 2024, 11:58:30 PM

Once the majority of the bitcoins in circulation enters the hands of the Asset managers, bitcoin and the entire crypto market will become just as normal as the forex market, stock market, gold market and the rest, and, yeah, this will happen sooner than any of us think, and this coming bull run may be the very last for anyone wanting to make significant gains from crypto to do so.

What if Bitcoin halving doesn't really bring something to the table but is the reason why we have other run? Bitcoin is becoming a financial asset to many institutional investors and they are attracted to it because of the gains but with people like them here, what we do have as usual meal in every cycle might be difficult to see.

However, I think altcoins in general will be the next thing to hunt, look at how meme coins were largely demanded, even some of the crypto YouTube channels I lookup to that doesn't like shitcoins all of a sudden begin to talk about meme coins and that's because of the profit.

What is currently happening is the ETF effect, It is still too early for the halving effect to occur because it will take months to reach its maximum. In fact, it is not impossible that there will actually be a correction first. In fact it will be good, which can make many investors compete to buy and this will be a boost for bitcoin to be able to improve. So stay patient, everything definitely needs to be processed and not instant.

A lot of investors are actually in panic right now, investors who do not really understand the bitcoin market dynamics.
Many investors believe that 1 month is more than enough for the effect of the halving to swing in, and since that's not really the case as the market has just hit a correction stage just as you've rightly stated, they're now in panic and afraid of the market outcome.

Just as you've said, the market is merely undergoing a correction phase, which is actually healthy and necessary because it'll allow consolidation of gains and also lead to possible price increase.