-
A graphic from CryptoQuant, that can be helpful for newbies. They are newbies so they don't have experience in this market and corrections make them fearful and panic.
Information below with past corrections even in bull runs, can help newbies to understand more on the way price moves up and will not feel fearful with coming corrections along this bull run.
I don't summarize figures because they are all on the graphic. Note that the All time average drawdown is -15%.
(https://pbs.twimg.com/media/GIXZ2c8WQAAQeWN?format=jpg&name=900x900) (https://twitter.com/AxelAdlerJr/status/1767057965096239340)
If you want to see live charts, there are three free ones.
- https://checkonchain.com/btconchain/technical/technical_drawdowns_bull/technical_drawdowns_bull_light.html
- https://studio.glassnode.com/workbench/bf532ce2-a66b-4798-6deb-bf3ba7decc59
- https://cryptoquant.com/community/dashboard/650de954ca432c72d6ef82b1
-
A graphic from CryptoQuant, that can be helpful for newbies. They are newbies so they don't have experience in this market and corrections make them fearful and panic.
Note: The image is not showing due to some mistake, please look into it and correct it so we can see the post, I did not even see the link of Twitter on the main page, but when I hit quote, I saw the link in the last, and then manually copied the twitter link and read the post. I don't know what's the problem here or maybe I am not seeing the picture due to some of my side problems.
Well, besides it, the post you have shared is helpful, but it did not say much about what data or metrics it has used to predict or assume the downtrends, but yeah the number did give us some overview that how much correction that market can take. And based on these numbers many newbies are going to be prove wrong because they are thinking the market might go back to the price zone of $40k to $45k.
-
Good to see that corrections can happen anytime and in fact we actually considered these as very healthy and much needed...so people or holders should not panic and must have diamond hands as more can be coming before and even after the halving. We are in the bullish season but we can still encounter some retreat in terms of the price of Bitcoin...we should just continue on holding and never mind the rough road especially ahead. It happened to me in the past when I panicked I lost my Bitcoin and I never recovered ever since...this is a big lesson for many newcomers on the scene to remain calm and then soon enjoy the fruits of being patient and always listening to people who are already experienced on the matter.
-
Note: The image is not showing due to some mistake, please look into it and correct it so we can see the post, I did not even see the link of Twitter on the main page, but when I hit quote, I saw the link in the last, and then manually copied the twitter link and read the post. I don't know what's the problem here or maybe I am not seeing the picture due to some of my side problems.
It works fine for me previous days and today. I guess issues are on your side.
Well, besides it, the post you have shared is helpful, but it did not say much about what data or metrics it has used to predict or assume the downtrends, but yeah the number did give us some overview that how much correction that market can take. And based on these numbers many newbies are going to be prove wrong because they are thinking the market might go back to the price zone of $40k to $45k.
The chart is about past market correction and it's all about history and we know history has its rhythm and history usually repeats itself.
However, this cycle is different a lot with appearances and impacts from Bitcoin Spot ETFs and history might continue to be changed. I don't predict it to happen as it might be changed and we will see Bitcoin soars more. Anyway, if you have bitcoins, hold it tightly and it will not make you disappointed in this bull run which is big definitely.
Good to see that corrections can happen anytime and in fact we actually considered these as very healthy and much needed...so people or holders should not panic and must have diamond hands as more can be coming before and even after the halving. We are in the bullish season but we can still encounter some retreat in terms of the price of Bitcoin...
From past corrections, sometimes mild, sometimes very big but over time, years, Bitcoin gives holders very great profit, massive ROIs.
By looking at history, newbies should recognize that corrections in a bull run are chances to buy and get profit.
-
A graphic from CryptoQuant, that can be helpful for newbies. They are newbies so they don't have experience in this market and corrections make them fearful and panic.
Information below with past corrections even in bull runs, can help newbies to understand more on the way price moves up and will not feel fearful with coming corrections along this bull run.
I don't summarize figures because they are all on the graphic. Note that the All time average drawdown is -15%.
(https://pbs.twimg.com/media/GIXZ2c8WQAAQeWN?format=jpg&name=900x900) (https://twitter.com/AxelAdlerJr/status/1767057965096239340)
If I look at the image, it is really obvious that we are in an uptrend, and even if there was a correction, it was only short-lived, to be honest. Good luck to those who rode from the uptrend to that correction and will ride the uptrend again.
Maybe I'll do it; I won't go with the current trend because, in my view, right now since the previous ATH has been surpassed, we're now in the discovery phase, and we'll just have to wait or see where there will be a higher-high or higher-low, or maybe a lower-high or lower-low. This is how the battle will happen today.
-
Information below with past corrections even in bull runs, can help newbies to understand more on the way price moves up and will not feel fearful with coming corrections along this bull run.
You should mention that such corrections are good for making profits. Of course for those who know how to use them.
Certainly ideal for traders, because the upward trend is constant.
-
If I look at the image, it is really obvious that we are in an uptrend, and even if there was a correction, it was only short-lived, to be honest. Good luck to those who rode from the uptrend to that correction and will ride the uptrend again.
Luckily with huge demand from Bitcoin Spot ETFs, recent weeks, we have very big buying capital that is great support for Bitcoin price. I also think there is no rosy adventure without up and down, rise and correction as well as market washout is necessary to go up more.
Everything can happen even big corrections similarly to past cycles but honestly I expect to see somewhat smaller corrections in this cycle.
You should mention that such corrections are good for making profits. Of course for those who know how to use them.
Certainly ideal for traders, because the upward trend is constant.
There are some trading types, Spot, Leverage, Futures and I only recommend to use Spot Trading to buy dips and get profit.
I know traders can get profit with Leverages, Futures too but it is more risky and no way to control your positions 100% and during your trading time, surely you will get forced liquidation.
-
You should mention that such corrections are good for making profits. Of course for those who know how to use them.
Certainly ideal for traders, because the upward trend is constant.
They are also the typical corrections in which newbie traders end up getting fleeced. They usually enter at highs encouraged by the bull market, without sufficient capital, often with leverage, encouraged by the influencer on duty who sells them that they can become multimillionaires from home making trades with little initial capital and end up losing everything they have and more.
-
So up to a -15% drop in the prices is normal even during a bull run and it will eventually recover from it, the chart is useful for sure, but what I think is that there will always be a group of people who would panic in any situation, even if they are told that nothing bad is going to happen and things will get back to normal sooner than they might expect but they wouldn't understand.
This is the reason why even if there is supposed to be a 10% drop, that is dragged to 20% or above by the panic sellers as they sell in large numbers, dragging the prices down as they keep reducing the asking prices in each market.
-
So up to a -15% drop in the prices is normal even during a bull run and it will eventually recover from it, the chart is useful for sure, but what I think is that there will always be a group of people who would panic in any situation, even if they are told that nothing bad is going to happen and things will get back to normal sooner than they might expect but they wouldn't understand.
This is the reason why even if there is supposed to be a 10% drop, that is dragged to 20% or above by the panic sellers as they sell in large numbers, dragging the prices down as they keep reducing the asking prices in each market.
With the current price drop then pretty sure that tons had panicked out specially to those who had been able to buy on 73k+. For those who have been able to buy up and still new into this market then you would really be in panic. This is why it would really be better that on the time that you have decided to invest into this space then make yourself that get prepared for possible dumps
and corrections that you might be able to face. The market cant really be just having that single path to take but rather it would really be having ups and downs.
This is why it is really just that right that you do really know on what you should gonna do. Market would really always have the correction.
-
People who are familiar with bitcoin will not panic when price goes down due to correction because they know everything well but newbies get feared when they see the price turn red.
Little correction is not a big concern but if price goes down from 40k$ then it will become very fearful situations. If newbies sell their bitcoin due to panic then it will negatively effect the price of bitcoin but there are also some buyers who are ready to buy bitcoin when the price goes down so in such situations we will not see such a huge dump but halving will turn the bitcoin into more successful asset.
-
(https://pbs.twimg.com/media/GIsHwApWwAEDzF6?format=jpg&name=900x900) (https://twitter.com/AxelAdlerJr/status/1768515810492858791)
Today, let's have a closer look at Bitcoin price drawdowns since FTX crash
Corrections after FTX crash are usually up to -15% and with catalyst from Bitcoin Spot ETF, if you see -15% correction in this bull run, don't hesitate to buy. Hesitate again and again, you will miss this bull run and worse, will join around the end of the parabolic curve.
You can compare it with previous cycles too as I posted days ago in OP.
Another view visually from ecoinometrics. (https://twitter.com/ecoinometrics/status/1768626314632970253)
Only last four years, price corrections are about -11% or larger than that. It is not a first time ever Bitcoin has had such larger than -10% corrections.
(https://pbs.twimg.com/media/GItsFVpacAAevfv?format=jpg&name=900x900)
-
I believe that this figure is not only helpful for newbies but also the majority of us who didn't know this information yet. There are lot of investors who has been crypto for years but still didn't understand the market cycle of Bitcoin. And others who know about this yet but still end up being controlled by their emotions, this post really helps them since it refreshes them that what's happening in the market right now is need to be happen. Sometimes if our emotions will lead us, we can't analyze things at its best which will result for decision and outcome, this is a good reminder to me.
-
One thing about bull market is that bitcoin price will not continue to increase, there are times of retracement just like what happened yesterday and today as bitcoin fall from 73800 to $65600. We can remember in 2020/2021 when bitcoin fall from $63500 to a price below $30000. That was during Elon Musk manipulation and Chinese crackdown on bitcoin. It was around May 2021 I guess. Not knowing that bitcoin has not gotten to all-time-high. Bitcoin later got to all-time-high in November 2021. So if the price decrease, people should not panic if they are not in need of the money for now, the price will far more surpass $73600 which is the present all-time-high.
-
Last few hour bitcoin get large correction after success breaking out to $73k have dropped to $65k and most drastically correction since success make new all time high price.
In this position make us little doubt several days left before halving will have another correction again or bitcoin will recovery more higher price than $73k.
Usually the bitcoin halving cycle happening after halving time not before halving, but this time bitcoin success make several time new all time high price but always has moment get more correction. I can't sure is the last correction before halving time left several days later.
-
So if the price decrease, people should not panic if they are not in need of the money for now, the price will far more surpass $73600 which is the present all-time-high.
They will definitely get panic if they borrow money to buy bitcoin, use leverages, trade futures. Even they have strong mentality and are not panic, they will still get forced liquidations from exchanges.
Being strong is not enough, having proper capital management is more important.
Usually the bitcoin halving cycle happening after halving time not before halving, but this time bitcoin success make several time new all time high price but always has moment get more correction. I can't sure is the last correction before halving time left several days later.
I guess you wanted to say about a Bitcoin bull run only starts afters its halving in the last three halvings and past three bull markets. I don't understand about halving cycle. :)
In past cycles (each cycle includes a Bitcoin halving, bull market and bear market), Bitcoin often has market wash out to clean the market before a bull run after halving.
I believe that this figure is not only helpful for newbies but also the majority of us who didn't know this information yet. There are lot of investors who has been crypto for years but still didn't understand the market cycle of Bitcoin.
Hope it will help someone but people are easily to forget what they see, read, hear and repeat their mistakes again.
-
It worked fine for me the previous days and today. I guess issues are on your side.
Hmm I guess you are right, the issue was on my side because now the picture is working fine on my side. Sorry for the fuss.
However, this cycle is different a lot with appearances and impacts from Bitcoin Spot ETFs and history might continue to be changed. I don't predict it to happen as it might be changed and we will see Bitcoin soars more. Anyway, if you have bitcoins, hold it tightly and it will not make you disappointed in this bull run which is big definitely.
I can't agree more with you because history does repeat itself but all that changes is the sentiments of the new people coming into the market and as we know the price is influenced by the demand and supply and if these newcomers are bullish then the market will make moves accordingly and vice versa. Well, the point is, that BTC SPOT ETFs are a big victory that has influenced a great number of people to come into the crypto sphere, and in the long run BTC's future is bright.
ETFs have broken the previous pattern that BTC was making well good thing is this pattern turns out to be a bullish one.
-
After hitting new higher price above $73k, bitcoin have got two correction time and get difficult recovery back to higher price, currently bitcoin still dropping around $67,400 and have been two days since hit the new higher price. Can't stopping with bigger correction impact and bitcoin still difficult recovery up to higher price although in last week have good trend keep stable in the higher price.
Its become the last correction for bitcoin or have other moment bitcoin keep going down again, left one month before halving more expected bitcoin can pump drastically and stable on higher price without large amount of correction.
-
After hitting new higher price above $73k, bitcoin have got two correction time and get difficult recovery back to higher price, currently bitcoin still dropping around $67,400 and have been two days since hit the new higher price. Can't stopping with bigger correction impact and bitcoin still difficult recovery up to higher price although in last week have good trend keep stable in the higher price.
Its become the last correction for bitcoin or have other moment bitcoin keep going down again, left one month before halving more expected bitcoin can pump drastically and stable on higher price without large amount of correction.
The price of Bitcoin has experienced a price correction of up to two times then that is a signal to leave the exchange and change all asset capital to USDT because as you can see currently a lot of coin prices on the exchange have collapsed, the collapse of the Bitcoin price on the exchange has given Very fast impact on all altcoins on the exchange.
-
Usually the bitcoin halving cycle happening after halving time not before halving, but this time bitcoin success make several time new all time high price but always has moment get more correction. I can't sure is the last correction before halving time left several days later.
I guess you wanted to say about a Bitcoin bull run only starts afters its halving in the last three halvings and past three bull markets. I don't understand about halving cycle. :)
In past cycles (each cycle includes a Bitcoin halving, bull market and bear market), Bitcoin often has market wash out to clean the market before a bull run after halving.
Honestly, I thought so. That's why now, it's quite surprising that before the halving, the bullrun signal is already there. And even the price of BTC has exceeded last season's ATH, continuing its positive trend to continue to rise in price and trying to penetrate its highest ATH again. Is it possible that the bullishness will be faster this time and will it end sooner too?
After hitting new higher price above $73k, bitcoin have got two correction time and get difficult recovery back to higher price, currently bitcoin still dropping around $67,400 and have been two days since hit the new higher price.
It even touched $65.7k for its lowest level. So, this correction is quite deep. But, this didn't last long, because I did several re-tests to get to another top point. It's just that it takes a little more time. Currently, it is still in the correction phase. But who knows whether this will continue until the halving or not. I think, this will only happen in a few days and will come back again to continue the positive trend of printing a new ATH again.
-
I believe that this figure is not only helpful for newbies but also the majority of us who didn't know this information yet. There are lot of investors who has been crypto for years but still didn't understand the market cycle of Bitcoin.
Hope it will help someone but people are easily to forget what they see, read, hear and repeat their mistakes again.
That's why learning should not be end here. Nobody's perfect that's why we all sometimes forgot what we have learned. So we should keep repeating the things we want to keep in our mind. Just like forecasting the market, to become the best forecaster we should always study how the market goes day by day. In this way, it become easy for us to read the market.
-
Of course, these charts will be very useful for beginners to reduce their fear. For market experts who have experienced more than one Bitcoin cycle, this correction will not worry them at all.
I mentioned several times in several posts that the correction is very healthy for achieving a healthy rise. The correction restores the market’s balance and creates a suitable situation to continue the rise. In my opinion, the bigger the correction, the bigger the next jump, so I expect a big jump after this big correction.
-
So if the price decrease, people should not panic if they are not in need of the money for now, the price will far more surpass $73600 which is the present all-time-high.
They will definitely get panic if they borrow money to buy bitcoin, use leverages, trade futures. Even they have strong mentality and are not panic, they will still get forced liquidations from exchanges.
And as usual, this cycle seems like happening again and again, for newcomers, especially. And what's more to happen is that they'll lose the money, being stress and depressed, and then, blame crypto. More often, those who do this are people who don't understand enough. And they only think about big profits, without any thorough preparation. In this case, we probably understand exactly what will happen next.
Panic and greed without good understanding and knowledge, are the best combination to fail easily.
-
You can access a free chart from Glassnode with similar information like the chart given by Crypto Quant.
- Bitcoin: Bull Market Correction DrawDowns
- https://studio.glassnode.com/workbench/bf532ce2-a66b-4798-6deb-bf3ba7decc59
You can zoom in to see the chart with different time frames like 1Y.
(https://pbs.twimg.com/media/GI6JyxBaMAAvhwH?format=jpg&name=900x900) (https://twitter.com/_Checkmatey_/status/1769503905912959206)
(https://i.ibb.co/9Y6KLBb/Drawdown-1-Y.png)
-
The graphic you have presented will be very difficult for beginners to understand because beginners will not have much idea about this graphic and also they will not understand it well. But those who have some idea may understand something from your graphic. When it comes to market movement, we see many such graphs or charts that give us some idea of what the next movement of the market might be. Although this type of graphic does not work 100%, still some idea about the market can be taken from this type of graphic or chart. People who understand a bit of charts or who have some idea about graphics will definitely understand this graphic that you shared.
-
The graphic you have presented will be very difficult for beginners to understand because beginners will not have much idea about this graphic and also they will not understand it well. But those who have some idea may understand something from your graphic. When it comes to market movement, we see many such graphs or charts that give us some idea of what the next movement of the market might be. Although this type of graphic does not work 100%, still some idea about the market can be taken from this type of graphic or chart. People who understand a bit of charts or who have some idea about graphics will definitely understand this graphic that you shared.
I don't see big challenge to understand the graphic. The only one newbies might not be familiar with is Drawdown but if they are curious about that, want to understand the chart, they can Google or ask ChatGPT "What is Drawdown?"
Then, I am quite sure that they will understand the term and get straightly to meaning of the chart.
There are notes on the chart for most important information and it is easily to understand too.
Drawdown: What It Is, Risks, and Examples (https://www.investopedia.com/terms/d/drawdown.asp)
-
That's why learning should not be end here. Nobody's perfect that's why we all sometimes forgot what we have learned. So we should keep repeating the things we want to keep in our mind. Just like forecasting the market, to become the best forecaster we should always study how the market goes day by day. In this way, it become easy for us to read the market.
Learning does not ends therefore if you are not in touch with your field then you will forget the necessary things which you have learned earlier. Experience is the best thing so if you are repeating again and again then you will ne engaged with that thing and will not forget because you will face that thing on daily basis.
Learn well and then utilize your knowledge in better ways because if you don't use it then you will not remember it and as the time passes it will skip from your mind.
-
A graphic from CryptoQuant, that can be helpful for newbies. They are newbies so they don't have experience in this market and corrections make them fearful and panic.
Information below with past corrections even in bull runs, can help newbies to understand more on the way price moves up and will not feel fearful with coming corrections along this bull run.
I don't summarize figures because they are all on the graphic. Note that the All time average drawdown is -15%.
(https://pbs.twimg.com/media/GIXZ2c8WQAAQeWN?format=jpg&name=900x900) (https://twitter.com/AxelAdlerJr/status/1767057965096239340)
The graphic chart you have created here can be very helpful for beginners if they understand this chart well. If newbies do not understand this chart well, they may not find it very helpful. But should always plan to hold long if the investment can be held for long term then market correction will not keep you in any fear. I'm not worried at all about this market correction because I know the market will grow more and generate new ATH in the coming bull run. My main goal right now is to grow bitcoin investments because I know bitcoin will grow and grow more in bull markets and everyone will be more successful with their investments.
-
The graphic chart you have created here can be very helpful for beginners if they understand this chart well.
You can access it directly on CryptoQuant, but you must create a free account, then visit the following link to access that chart.
- https://cryptoquant.com/community/dashboard/650de954ca432c72d6ef82b1
- There are more charts from AxelAdlerJr on that dashboard.
- When you have an account, you can access the chart, zoom in and zoom out.
If newbies do not understand this chart well, they may not find it very helpful.
The chart has good summary and basic information which is not difficult for newbies to get its meaning.
-
Information below with past corrections even in bull runs, can help newbies to understand more on the way price moves up and will not feel fearful with coming corrections along this bull run.
You should mention that such corrections are good for making profits. Of course for those who know how to use them.
Certainly ideal for traders, because the upward trend is constant.
Yeah most futures traders will benefit more on these up and down trends. I was once doing that as well but I am not that good at it so I need to study more about it so I can grab those opportunities offered by those trends. But still it is beneficial for DCAers as well since it has all the basic information needed in a buy transaction.
-
Yeah most futures traders will benefit more on these up and down trends. I was once doing that as well but I am not that good at it so I need to study more about it so I can grab those opportunities offered by those trends. But still it is beneficial for DCAers as well since it has all the basic information needed in a buy transaction.
There are many ways to find out the right position to enter cryptocurrency, but the need for better analysis is really needed, therefore if you are more comfortable using the DCA method then continue to consistently use that method because so far the movements using this method have had quite accurate results. .
-
Yeah most futures traders will benefit more on these up and down trends.
Futures Trading is risky and I am very doubtful that if a trader lives to trade Futures, he will end up with Positive Net Profit. Probability to end up with Massive Loss is more realistic.
There are many ways to find out the right position to enter cryptocurrency, but the need for better analysis is really needed, therefore if you are more comfortable using the DCA method then continue to consistently use that method because so far the movements using this method have had quite accurate results. .
DCA is to avoid finding right positions to enter the market because the bottom line is, You can not find it accurately in price and time.
By finding right positions, you will be affected by emotion, psychology and if you miss a right position, you will start to make bad decisions.
DCA is a powerful strategy to help you avoid (1) Timing the market (2) Finding right positions (3) Eliminate effects from emotion and psychology.
-
There are many ways to find out the right position to enter cryptocurrency, but the need for better analysis is really needed, therefore if you are more comfortable using the DCA method then continue to consistently use that method because so far the movements using this method have had quite accurate results. .
DCA is to avoid finding right positions to enter the market because the bottom line is, You can not find it accurately in price and time.
By finding right positions, you will be affected by emotion, psychology and if you miss a right position, you will start to make bad decisions.
DCA is a powerful strategy to help you avoid (1) Timing the market (2) Finding right positions (3) Eliminate effects from emotion and psychology.
Agree with your opinion, we cannot determine the accuracy of purchasing bitcoins, because it is very difficult. DCA only tries to buy bitcoin with a method that is consistent with the amount of money we can determine. As you said, we can set the time to shop, and of course for small investors like me we can buy a little but consistently.
-
Agree with your opinion, we cannot determine the accuracy of purchasing bitcoins, because it is very difficult. DCA only tries to buy bitcoin with a method that is consistent with the amount of money we can determine. As you said, we can set the time to shop, and of course for small investors like me we can buy a little but consistently.
DCA method is definitely a good way for small investors to invest their small funds. But one should wait for a right time to follow DCA method, because making new investment when the market is higher than expected is definitely a tough decision even in DCA. So now according to the market, the situation is very difficult for the investors, since it is a small fund, it will be better to take the entry carefully.I am waiting to see what will be the next movement of Bitcoin, because after halving we will get an idea about the new movement of the market and decide on the next investment.
-
Agree with your opinion, we cannot determine the accuracy of purchasing bitcoins, because it is very difficult. DCA only tries to buy bitcoin with a method that is consistent with the amount of money we can determine. As you said, we can set the time to shop, and of course for small investors like me we can buy a little but consistently.
DCA method is definitely a good way for small investors to invest their small funds. But one should wait for a right time to follow DCA method, because making new investment when the market is higher than expected is definitely a tough decision even in DCA. So now according to the market, the situation is very difficult for the investors, since it is a small fund, it will be better to take the entry carefully.I am waiting to see what will be the next movement of Bitcoin, because after halving we will get an idea about the new movement of the market and decide on the next investment.
Usually, after the halving occurs, the price of bitcoin will have the potential to collapse temporarily because there will definitely be miners and whales who will try to sell their assets and have an influence on bitcoin price movements in the market, but when I look at the history of bitcoin price movements in the past four years then there is a possibility that after the price collapses it will rise again at a very high price.
-
Agree with your opinion, we cannot determine the accuracy of purchasing bitcoins, because it is very difficult. DCA only tries to buy bitcoin with a method that is consistent with the amount of money we can determine. As you said, we can set the time to shop, and of course for small investors like me we can buy a little but consistently.
DCA is more about spending money on accumulation of bitcoin for your portfolio. You don't have to spend a fixed amount of money like $100 or $1,000 for each of your DCA entry. The point is you can assign a minimum fixed capital for each entry but if you have more, you can increase the DCA capital for any DCA round.
You can DCA like a clock, with fixed time, fixed capital but you can be flexible with it too because life is not like a clock and your financial status can change too.
DCA method is definitely a good way for small investors to invest their small funds.
It is one of biggest wrong thinking about DCA. DCA is for everyone, from small to big investors.
MicroStrategy is DCA and they are not a small investor. Whales apply DCA too and surely we can not say whales are small investors.
https://saylortracker.com/
MicroStrategy is winning big (https://ecoinometrics.substack.com/p/microstrategy-is-winning-big)
(https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3c13c889-4432-42f4-bcd4-5f1c83473651_3543x3543.png)
Usually, after the halving occurs, the price of bitcoin will have the potential to collapse temporarily because there will definitely be miners and whales who will try to sell their assets and have an influence on bitcoin price movements in the market, but when I look at the history of bitcoin price movements in the past four years then there is a possibility that after the price collapses it will rise again at a very high price.
It is your speculation and price can fluctuate with not big up or down changes around halving or it will have a surge or a massive weak down. We all can not know what will happen in future but if you have bitcoin, hold it tightly as months after a halving, we will have a massive bull market.
If you have spare money, let's be ready for accumulate more bitcoins. Don't miss the party!
-
P.S. As far as I'm concerned, words are just unnecessary here. Every day is positive news + more and more people are learning for bitcoin and the industry itself in general. 8)
Bitcoin. The quarter closed with a +69% gain. A positive quarter leads to a positive year 100% of the time. This time around, what do you think about it?
(https://i.ibb.co/Rz48mrz/photo-2024-04-01-21-20-16.jpg)
-
65k right now
Is this the pre-halving dump?
Will it go below 60k?
It's hard to predict anything, especially now hehehe
I left some buy orders at 66k and 65k and it's already taken, now all that's left are my orders up to 60k and no more fiat ;D
-
Yeah most futures traders will benefit more on these up and down trends. I was once doing that as well but I am not that good at it so I need to study more about it so I can grab those opportunities offered by those trends. But still it is beneficial for DCAers as well since it has all the basic information needed in a buy transaction.
There are many ways to find out the right position to enter cryptocurrency, but the need for better analysis is really needed, therefore if you are more comfortable using the DCA method then continue to consistently use that method because so far the movements using this method have had quite accurate results. .
When it's comes to Bitcoin investments, I rather just keep it simple and avoid any complications that would results to me regretting and that's why I always go with the DCA strategy and nothing more because am well aware of the dangers and risk that is filled with actually trading your coins for profits due to the ups and downs of the market so staying steady and slowing gathering it is way better than using an opportunity that can turn the other way round.
-
65k right now
Is this the pre-halving dump?
Will it go below 60k?
It's hard to predict anything, especially now hehehe
I left some buy orders at 66k and 65k and it's already taken, now all that's left are my orders up to 60k and no more fiat ;D
It's not bad, they are more satiated, considering that the next ATH will be juicy, there may be many growth factors, it is normal for the market to Correct , some people still get very bad when they see that their money goes Down in price and is bought High, but there is Be patient, the Market is very Active, volatile, if you have buy orders at $60k it is not bad. But I would say that if you have these plans, also place purchase orders further down, it is not known to what Extent there may be a Correction, because suddenly things can happen very quickly and go down to $60k and from there it increases to $70k again. , the most likely thing is that a Bullish Rally effect will be seen, it is what is most noticeable, of course I am a person who always sees things in the best way and I am somewhat optimistic, I think that the correction should not be very Strong.
-
P.S. As far as I'm concerned, words are just unnecessary here. Every day is positive news + more and more people are learning for bitcoin and the industry itself in general. 8)
If you look at the market and news daily, you will see so chaotic information, good and bad.
If you look at it yearly, you will see almost positive news and solid growth of this market with time. It's big difference when we zoom out and see a wide picture.
Bitcoin. The quarter closed with a +69% gain. A positive quarter leads to a positive year 100% of the time. This time around, what do you think about it?
It's too complicated. :P
Is this the pre-halving dump?
Will it go below 60k?
Days ago, it dropped to around $59,000 and I really believe Bitcoin will have a weak down to $52k to $53k as its last market clean up before a parabolic curve after its halving.
When it's comes to Bitcoin investments, I rather just keep it simple and avoid any complications that would results to me regretting and that's why I always go with the DCA strategy
To keep your investment and your life easily, DCA is a good strategy to use. Some investors will make their investment and life harder by using Smart/ Customized DCA as I discuss in another topic.
- DCA vs Smart DCA, what do you choose? (https://www.altcoinstalks.com/index.php?topic=319579.0)
-
Is this the pre-halving dump?
Will it go below 60k?
Days ago, it dropped to around $59,000 and I really believe Bitcoin will have a weak down to $52k to $53k as its last market clean up before a parabolic curve after its halving.
I am also inclined to believe that the market will have a correction to $52k. If we analyze the BTC chart, this level really seems to be the ideal level to complete the correction from a technical analysis point of view. However, the market is not always predictable, and I also don't rule out that the market may have a short consolidation in the current range rather than a full-fledged correction.
-
65k right now
Is this the pre-halving dump?
Will it go below 60k?
It's hard to predict anything, especially now hehehe
I left some buy orders at 66k and 65k and it's already taken, now all that's left are my orders up to 60k and no more fiat ;D
It's not bad, they are more satiated, considering that the next ATH will be juicy, there may be many growth factors, it is normal for the market to Correct , some people still get very bad when they see that their money goes Down in price and is bought High, but there is Be patient, the Market is very Active, volatile, if you have buy orders at $60k it is not bad. But I would say that if you have these plans, also place purchase orders further down, it is not known to what Extent there may be a Correction, because suddenly things can happen very quickly and go down to $60k and from there it increases to $70k again. , the most likely thing is that a Bullish Rally effect will be seen, it is what is most noticeable, of course I am a person who always sees things in the best way and I am somewhat optimistic, I think that the correction should not be very Strong.
It seems it has already started to correct but I can see a quick recovery when it slightly dips few thousands. I don't know if this coming correction is deep or shallow but hopefully I can accumulate few portions so I can also gain profit in the next bull run.
-
I am also inclined to believe that the market will have a correction to $52k. If we analyze the BTC chart, this level really seems to be the ideal level to complete the correction from a technical analysis point of view. However, the market is not always predictable, and I also don't rule out that the market may have a short consolidation in the current range rather than a full-fledged correction.
It's even possible that we may have more decline below that $52k unless people don't FUD and also if in the end people don't think we are bearish. The only thing we can be positive right now is for people to be bullish again after these correction and if we don't see any bad news like the way Kucoin founders were apprehend of $9B money laundering. If that news happen in a bear market, Bitcoin would have dumped even more than the way it did but because a lot of speculation is still showing green news, a lot people are still bullish.
-
Yeah most futures traders will benefit more on these up and down trends. I was once doing that as well but I am not that good at it so I need to study more about it so I can grab those opportunities offered by those trends. But still it is beneficial for DCAers as well since it has all the basic information needed in a buy transaction.
There are many ways to find out the right position to enter cryptocurrency, but the need for better analysis is really needed, therefore if you are more comfortable using the DCA method then continue to consistently use that method because so far the movements using this method have had quite accurate results. .
The DCA method of accumulating bitcoin does not need a specific time to start investing, because the best time to invest is now, as long as you will continue buying regularly monthly or weekly, in order to keep on building your bitcoin stash. However, during the period of DCAing, if you have extra cash to save and keep so that when the dip comes, you can use that money to take advantage of the dip, and buy bitcoin with discount. It is better not to stop your regular DCA or any other way of accumulation, but it is good to mix it. DCA with lump sum, or DCA with buying at the dip.
-
65k right now
Is this the pre-halving dump?
Will it go below 60k?
It's hard to predict anything, especially now hehehe
I left some buy orders at 66k and 65k and it's already taken, now all that's left are my orders up to 60k and no more fiat ;D
We don't know anything about the next change occurring in market and we also don't know that whether it will goes down to 60k$ or is the end of dumping phase therefore just focus on present and take benefit of every pump and dump if you can.
Those who are still buying bitcoin are not afraid of market Fluctuations but unawareness can lead to mistakes on large scale. As you are buying at 65k$ and are waiting for 60k$ to buy more then once the price surges you will be in huge profit but this fact is understandable by crypto experts only.
-
Usually, after the halving occurs, the price of bitcoin will have the potential to collapse temporarily because there will definitely be miners and whales who will try to sell their assets and have an influence on bitcoin price movements in the market, but when I look at the history of bitcoin price movements in the past four years then there is a possibility that after the price collapses it will rise again at a very high price.
Yes this is predicted that after halving everyone will take benefit from higher price and will sell their bitcoin so there will be a deep fall in Bitcoin's price. Not only bitcoin but lots of other coins will also be effected as whales will sell their coins in huge amount.
Price collapse does not mean that forever it will reduces in price but after collapsing the price will steadily recover back to its higher worth because continuously crypto market cannot exist in one position. Market falls and rise according to the situations so if it goes down due to increase selling percentage after halving then buy more at that time and wait for another Bull season to appear.
-
65k right now
Is this the pre-halving dump?
Will it go below 60k?
It's hard to predict anything, especially now hehehe
I left some buy orders at 66k and 65k and it's already taken, now all that's left are my orders up to 60k and no more fiat ;D
It's not bad, they are more satiated, considering that the next ATH will be juicy, there may be many growth factors, it is normal for the market to Correct , some people still get very bad when they see that their money goes Down in price and is bought High, but there is Be patient, the Market is very Active, volatile, if you have buy orders at $60k it is not bad. But I would say that if you have these plans, also place purchase orders further down, it is not known to what Extent there may be a Correction, because suddenly things can happen very quickly and go down to $60k and from there it increases to $70k again. , the most likely thing is that a Bullish Rally effect will be seen, it is what is most noticeable, of course I am a person who always sees things in the best way and I am somewhat optimistic, I think that the correction should not be very Strong.
It seems it has already started to correct but I can see a quick recovery when it slightly dips few thousands. I don't know if this coming correction is deep or shallow but hopefully I can accumulate few portions so I can also gain profit in the next bull run.
Well, the truth is that the market is doubtful, I couldn't say what could happen, apparently they are in an area where there can be a lot of demand and they don't want to make a rally to verify the offer at higher price levels, I would say that there may be some type of lack While people get used to the range of $64k-$66k, the truth is I don't think there will be such a strong correction, because I see the price very well, I would rather think that they can do something beneficial such as taking advantage of buying, The more you buy, if the price drops more at these levels, it will be much better, because I think that when it increases to more than $100k, the price many will want to have at these levels, and I think it may be too late, well, I'm just Speculating, as I see things this can give very good things , personally I would take advantage of buying.
-
You should mention that such corrections are good for making profits. Of course for those who know how to use them.
Certainly ideal for traders, because the upward trend is constant.
They are also the typical corrections in which newbie traders end up getting fleeced. They usually enter at highs encouraged by the bull market, without sufficient capital, often with leverage, encouraged by the influencer on duty who sells them that they can become multimillionaires from home making trades with little initial capital and end up losing everything they have and more.
Therefore trading is not just looking for profit, but you must be able to read the market situation and conditions in detail, when to enter and release what you have, influencer advice is not a guarantee to be used as capital for information in trading in the crypto world,
-
It's not bad, they are more satiated, considering that the next ATH will be juicy, there may be many growth factors, it is normal for the market to Correct , some people still get very bad when they see that their money goes Down in price and is bought High, but there is Be patient, the Market is very Active, volatile, if you have buy orders at $60k it is not bad. But I would say that if you have these plans, also place purchase orders further down, it is not known to what Extent there may be a Correction, because suddenly things can happen very quickly and go down to $60k and from there it increases to $70k again. , the most likely thing is that a Bullish Rally effect will be seen, it is what is most noticeable, of course I am a person who always sees things in the best way and I am somewhat optimistic, I think that the correction should not be very Strong.
I wish I had more fiat to buy BTC below 60k, but everything is already in crypto and especially in BTC ;D
These buy orders are just a hobby to accumulate a few extra satoshis hahaha
What I've noticed is that the market is moving faster, rising quickly, falling quickly and recovering in price just as quickly
65k is still very good 8)
-
About the correlation, I am longing for it to happen since this will be the first time I am witnessing the halving, the correlation of price that follows it before the bull run happens.
The correlation of Bitcoin price, I expect to happen soon and get bitcoin to fall to $55k. I am saving up USDT for it because I can't miss the opportunity to buy bitcoin at a discount price before it skyrockets to $100k before the end of the year.
-
I wish I had more fiat to buy BTC below 60k, but everything is already in crypto and especially in BTC ;D
These buy orders are just a hobby to accumulate a few extra satoshis hahaha
It is the same as me. I have used all my funds, I have bought enough Bitcoin. Now, I have no fiats any more to buy Bitcoin.
Anyway, Bitcoin didn't drop below $60k, the lowest was $64k. But today Bitcoin has increased a bit, it is around $65k - $66k.
What I've noticed is that the market is moving faster, rising quickly, falling quickly and recovering in price just as quickly
65k is still very good 8)
Yes, the market recovers fast although it sometimes could drop quickly in a day. Today, it survived at $65k - $66k, I think it is normal as long as the price doesn't go below $60k. If it can last above $65k, it will be easier to return to $70k. I assume it only needs few days to be above $70k again.
-
About the correlation, I am longing for it to happen since this will be the first time I am witnessing the halving, the correlation of price that follows it before the bull run happens.
The correlation of Bitcoin price, I expect to happen soon and get bitcoin to fall to $55k. I am saving up USDT for it because I can't miss the opportunity to buy bitcoin at a discount price before it skyrockets to $100k before the end of the year.
It's good if you have prepared USDT to buy Bitcoin during the halving, because there may be a correction. I have bought in previous years, so if I don't want to increase my collection this year, I will focus more on the potential of altcoins.
-
I am also inclined to believe that the market will have a correction to $52k. If we analyze the BTC chart, this level really seems to be the ideal level to complete the correction from a technical analysis point of view. However, the market is not always predictable, and I also don't rule out that the market may have a short consolidation in the current range rather than a full-fledged correction.
If we see the daily candle chart only, it seems possible because under $60,000, there is a huge space for draw down.
If we look at Volume Profile (VPVR), Cohorts, and Liquidation Heatmap, we can see other probabilities for a draw down to about $52k.
It's not my financial advice and I never call to sell your bitcoins, and wait for $52k to buy back or use Leverage and Short Bitcoin now with belief it will drop to $52k.
It's good if you have prepared USDT to buy Bitcoin during the halving, because there may be a correction. I have bought in previous years, so if I don't want to increase my collection this year, I will focus more on the potential of altcoins.
Around the halving, means before and after, not during the halving. Halving happens quickly between two blocks, and does not take a long time.
Price will change before or after the halving and I expect small mining farms, companies will not be able to suffer 1/2 of block subsidy while Bitcoin price won't double quickly. If they have thin budget and bad business fund management, they will have to sell their bitcoins to pay necessary bills even have to sale off their Bitcoin ASICs.
-
It's good if you have prepared USDT to buy Bitcoin during the halving, because there may be a correction. I have bought in previous years, so if I don't want to increase my collection this year, I will focus more on the potential of altcoins.
Having reserves with USDT will give you the opportunity to buy at a lower price.
It is necessary to do good capital management so that every opportunity that comes can be used properly when the halving arrives and when that correction occurs.
The price target is the new ATH, and it will be even higher than the current price.
And some of the potential altcoins or memecoins can be exploited with a smaller allocation of funds.
Don't use all the funds to get in, maybe 10% would be a good allocation, but pick the top altcoins like ETH, SOL, BNB for the long term and hype memecoin to see if you get lucky enough or not.
-
I wish I had more fiat to buy BTC below 60k, but everything is already in crypto and especially in BTC ;D
These buy orders are just a hobby to accumulate a few extra satoshis hahaha
What I've noticed is that the market is moving faster, rising quickly, falling quickly and recovering in price just as quickly
65k is still very good 8)
It's hard to get past $60k and below at the moment, and maybe there will be many who agree with your method, namely buying BTC when the price is below $60k.... The halving is only a few days away and maybe the motivation for many people to sell it at a cheaper price is not there are none at all (except people who don't understand about the halving itself).
I prefer to keep holding, because the current Bitcoin market really makes me remember what happened 4 years ago. Hopefully this halving is not a trap. I hope many people's expectations are met.
-
I wish I had more fiat to buy BTC below 60k, but everything is already in crypto and especially in BTC ;D
These buy orders are just a hobby to accumulate a few extra satoshis hahaha
What I've noticed is that the market is moving faster, rising quickly, falling quickly and recovering in price just as quickly
65k is still very good 8)
It's hard to get past $60k and below at the moment, and maybe there will be many who agree with your method, namely buying BTC when the price is below $60k.... The halving is only a few days away and maybe the motivation for many people to sell it at a cheaper price is not there are none at all (except people who don't understand about the halving itself).
I prefer to keep holding, because the current Bitcoin market really makes me remember what happened 4 years ago. Hopefully this halving is not a trap. I hope many people's expectations are met.
That's right, holding on until the price rises again is a very smart choice, because when you choose to cut lose you will lose the assets you have. Trading in cryptocurrency, if you buy the right coin like Bitcoin, don't be afraid that when the price falls it will definitely rise again to very expensive when the time comes.
-
There is another site for us (free access) to check Bitcoin bull market correction drawdowns.
- https://checkonchain.com/btconchain/technical/technical_drawdowns_bull/technical_drawdowns_bull_light.html
- Two others (as I introduced previously) are
- https://studio.glassnode.com/workbench/bf532ce2-a66b-4798-6deb-bf3ba7decc59
- https://cryptoquant.com/community/dashboard/650de954ca432c72d6ef82b1. Create an free account on Crypto Quant and get access to this dashboard.
(https://i.ibb.co/tH92HqZ/Drawdowns-Checkonchain.png)
Having reserves with USDT will give you the opportunity to buy at a lower price.
It is necessary to do good capital management so that every opportunity that comes can be used properly when the halving arrives and when that correction occurs.
You can do it with Traditional DCA or Smart DCA.
- DCA vs Smart DCA, what do you choose? (https://www.altcoinstalks.com/index.php?topic=319579.0)
Trading in cryptocurrency, if you buy the right coin like Bitcoin, don't be afraid that when the price falls it will definitely rise again to very expensive when the time comes.
It is more fitted with Investment, not Trading. With investment, you can hold your bitcoin very long time, and of course you need to have plan and good capital management to hold it. With trading, you have less choice to hold or to exit, especially if you use leverage, futures trading types, no chance to hold your bitcoin.
-
That's right, holding on until the price rises again is a very smart choice, because when you choose to cut lose you will lose the assets you have. Trading in cryptocurrency, if you buy the right coin like Bitcoin, don't be afraid that when the price falls it will definitely rise again to very expensive when the time comes.
You are right, if we buy bitcoin and the price of bitcoin goes down, keep holding and waiting because the price of bitcoin will rise again. Just don't buy bitcoin at a high price because it will take you a long time to hold it
-
You are right, if we buy bitcoin and the price of bitcoin goes down, keep holding and waiting because the price of bitcoin will rise again. Just don't buy bitcoin at a high price because it will take you a long time to hold it
Indeed. For Bitcoin, we don't need to be so worried. If the price is dropping and we can't sell the Bitcoin now, we just need to continue holding the Bitcoin. In the halving time, the price of Bitcoin should increase drastically. I'm sure people know well that the price of Bitcoin won't dropping when the halving time is ready. I also keep holdig my Bitcoin until the highest ATH.
-
It's not bad, they are more satiated, considering that the next ATH will be juicy, there may be many growth factors, it is normal for the market to Correct , some people still get very bad when they see that their money goes Down in price and is bought High, but there is Be patient, the Market is very Active, volatile, if you have buy orders at $60k it is not bad. But I would say that if you have these plans, also place purchase orders further down, it is not known to what Extent there may be a Correction, because suddenly things can happen very quickly and go down to $60k and from there it increases to $70k again. , the most likely thing is that a Bullish Rally effect will be seen, it is what is most noticeable, of course I am a person who always sees things in the best way and I am somewhat optimistic, I think that the correction should not be very Strong.
I wish I had more fiat to buy BTC below 60k, but everything is already in crypto and especially in BTC ;D
These buy orders are just a hobby to accumulate a few extra satoshis hahaha
What I've noticed is that the market is moving faster, rising quickly, falling quickly and recovering in price just as quickly
65k is still very good 8)
Well little by little things can happen, I personally have the promise that every time you see the price drop even a little it is an opportunity to buy, I know that many expect the price to be adjusted in a very short time. low, let's say at $60k, $58k, $50k, that is Something that some are looking forward to , but will it be possible to make a decline from those? I don't know, but for some it would undoubtedly create the opportunity, so when we think about the best of the options I would say that we have very good opportunities currently, because basically things can be in our favor if we see it. From the point of view closest to a dip, we will always look for the cheapest option, but I really doubt that the price can go down much, just as some want to see it, for me it is very difficult for that toHappen.
-
Well little by little things can happen, I personally have the promise that every time you see the price drop even a little it is an opportunity to buy, I know that many expect the price to be adjusted in a very short time. low, let's say at $60k, $58k, $50k, that is Something that some are looking forward to , but will it be possible to make a decline from those? I don't know, but for some it would undoubtedly create the opportunity, so when we think about the best of the options I would say that we have very good opportunities currently, because basically things can be in our favor if we see it. From the point of view closest to a dip, we will always look for the cheapest option, but I really doubt that the price can go down much, just as some want to see it, for me it is very difficult for that toHappen.
It's true, in Cryptocurrency, especially Bitcoin, all price movements can occur, only professional trader will consider the price drop on the exchange to be an opportunity to buy as many coin as they can, but for those who have limited capital, when coin prices fall, there will be many panic and will sell at a loss, they will feel pressured when the estimated value changes to minus.
-
It's true, in Cryptocurrency, especially Bitcoin, all price movements can occur, only professional trader will consider the price drop on the exchange to be an opportunity to buy as many coin as they can, but for those who have limited capital, when coin prices fall, there will be many panic and will sell at a loss, they will feel pressured when the estimated value changes to minus.
Precisely, not only professional traders, but those who are aware of the decline that will provide many opportunities.
They usually already have good fund management, already set up special funds to buy back when further downturns occur.
Whales also take advantage of declines to fill their bags, and Whales can also manipulate the market to be more FUD dominant so that the market continues to fall.
Don't panic too much as long as we hold the right coin like Bitcoin or the top altcoin, all will be bullish in time.
-
Opportunities will certainly arise at present as those with large whale investors are sure to correct the market at this time. Because they only have to wait until the bull market, and many big whales have held for a long time. But most of them have participated in large investments in Bitcoin before the halving started at this time. So this current opportunity is definitely a very good investment, so those who have not yet prepared to invest, must participate in investing targeting the bull market of 2025.
-
Well little by little things can happen, I personally have the promise that every time you see the price drop even a little it is an opportunity to buy, I know that many expect the price to be adjusted in a very short time. low, let's say at $60k, $58k, $50k, that is Something that some are looking forward to , but will it be possible to make a decline from those? I don't know, but for some it would undoubtedly create the opportunity, so when we think about the best of the options I would say that we have very good opportunities currently, because basically things can be in our favor if we see it. From the point of view closest to a dip, we will always look for the cheapest option, but I really doubt that the price can go down much, just as some want to see it, for me it is very difficult for that toHappen.
It's true, in Cryptocurrency, especially Bitcoin, all price movements can occur, only professional trader will consider the price drop on the exchange to be an opportunity to buy as many coin as they can, but for those who have limited capital, when coin prices fall, there will be many panic and will sell at a loss, they will feel pressured when the estimated value changes to minus.
It's not just the amount of capital that makes investors panic, noobs will also panic when they see prices fall. only those who have been investing in crypto for a long time consider the price decline to be just a correction and will buy during the correction, of course if they still have the capital to buy
-
Well little by little things can happen, I personally have the promise that every time you see the price drop even a little it is an opportunity to buy, I know that many expect the price to be adjusted in a very short time. low, let's say at $60k, $58k, $50k, that is Something that some are looking forward to , but will it be possible to make a decline from those? I don't know, but for some it would undoubtedly create the opportunity, so when we think about the best of the options I would say that we have very good opportunities currently, because basically things can be in our favor if we see it. From the point of view closest to a dip, we will always look for the cheapest option, but I really doubt that the price can go down much, just as some want to see it, for me it is very difficult for that toHappen.
It's true, in Cryptocurrency, especially Bitcoin, all price movements can occur, only professional trader will consider the price drop on the exchange to be an opportunity to buy as many coin as they can, but for those who have limited capital, when coin prices fall, there will be many panic and will sell at a loss, they will feel pressured when the estimated value changes to minus.
It's not just the amount of capital that makes investors panic, noobs will also panic when they see prices fall. only those who have been investing in crypto for a long time consider the price decline to be just a correction and will buy during the correction, of course if they still have the capital to buy
If that is true, for me things can be very Decisive as well, but the Amount of capital can also be given the required importance When I was new I fell into pain, in fact I expected it to grow a little and then I would sell, I think That also has a lot to do with the Psychological , I like to Compare this when I was a child and they put me in Hapkido, when I started that they gave me a lot of Blows and then I didn't want to go to training anymore, then I gathered courage and I went, I received goals Again , but I realized that Giolpe could also give , I believe that the Market is something like that , you just have to let go of the fear, it is normal that Sometimes you get lost in trading , it is not something that bad, the impronate and what But all the time is lost, and at the end of the day one Manages to leave with a Positive Balance and if not, it is because one is seeing the market in the wrong Way.
-
It's not just the amount of capital that makes investors panic, noobs will also panic when they see prices fall. only those who have been investing in crypto for a long time consider the price decline to be just a correction and will buy during the correction, of course if they still have the capital to buy
People are afraid of market dump only when they have lack of knowledge and they are unable to know about the market conditions. Market dump occurs so many times in just a single month so after every loss it recovers back but this reality is not understand by new commers.
Instead of having fear about market dump if people think positive then they can minimize their fear and will not be effected by market alterations. We are hearing from years that market goes dump and after months it recovers back but still people don't believe this thing and put negative thoughts in their heart and also share it with others.
-
Glassnode Insights released a latest weekly report.
- Spot Driven Rally (https://insights.glassnode.com/the-week-onchain-week-15-2024/)
Read what they wrote.
If we return to the magnitude of drawdowns we alluded to earlier, we can see that despite the large-scale profit taking by existing holders, the magnitude of pullbacks remains historically small.
If we compare the ATH break in prior cycles, it could be argued that current Euphoria phase (market in price discovery) is still relatively young. Previous Euphoria phases have seen numerous price drawdowns exceeding -10%, with the majority being much deeper, with 25%+ being commonplace.
The current market has seen just two ~10%+ corrections since the ATH was broken.
(https://insights.glassnode.com/content/images/2024/04/woc-15-09--1-.png)
People are afraid of market dump only when they have lack of knowledge and they are unable to know about the market conditions. Market dump occurs so many times in just a single month so after every loss it recovers back but this reality is not understand by new commers.
Lack of knowledge and intention to learn are key for their failures. If they don't have knowledge, experience but they're ready to learn, they can quickly access many free education resources and prepare themselves better in this volatile market.
- Bitcoin market cycles.
- Bitcoin price history, ATHs and bottoms. (https://www.altcoinstalks.com/index.php?topic=319088.0)
- Psychology of market cycles (https://fifthperson.com/psychology-market-cycles/)
(https://fifthperson.com/wp-content/uploads/2016/01/Psychology-of-Market-Cycles.jpg)
-
It's not just the amount of capital that makes investors panic, noobs will also panic when they see prices fall. only those who have been investing in crypto for a long time consider the price decline to be just a correction and will buy during the correction, of course if they still have the capital to buy
That's right, it is normal for those who are new to Bitcoin and buy coins at high prices but after that the price collapses, of course it will make them panic and feel depressed. At least they have to enter the cryptocurrency market when the bearish season occurs. . When a bull run like this is only exploited by traders who already understand it, they can immediately withdraw as much profit as they can.
-
People are afraid of market dump only when they have lack of knowledge and they are unable to know about the market conditions. Market dump occurs so many times in just a single month so after every loss it recovers back but this reality is not understand by new commers.
Instead of having fear about market dump if people think positive then they can minimize their fear and will not be effected by market alterations. We are hearing from years that market goes dump and after months it recovers back but still people don't believe this thing and put negative thoughts in their heart and also share it with others.
Cryptocurrency in general happens to be very volatile, especially Bitcoin, which is the main center of attraction. When the market experiences a downtrend for a while, it's a general situation for everyone to be less happy, though it is an opportunity to accumulate more coins. But I have come to realize that those who get scared during times like this are traders and newcomers, as you've mentioned. Traders who are in for quick profit are always tense as they fear that they've missed a huge opportunity of making profits.
Situations like this don't seem to pose too many problems to long-term investors because they already know that they will always get their funds and profit back sometime in the future. Downtrends and uptrends are basically what keep the market in good shape. Life is never a win-win situation, we win some and lose some.
That's right, it is normal for those who are new to Bitcoin and buy coins at high prices but after that the price collapses, of course it will make them panic and feel depressed. At least they have to enter the cryptocurrency market when the bearish season occurs.
I also believe that when newcomers enter the system, they fail to prepare their minds for the worst due to the excitement of joining the crypto community. Though no one plans to lose their money, the volatility and widespread manipulation can lead to significant losses, especially during a bearish season. But as you've said, the bearish season is a perfect time to join the train.
-
It's not just the amount of capital that makes investors panic, noobs will also panic when they see prices fall. only those who have been investing in crypto for a long time consider the price decline to be just a correction and will buy during the correction, of course if they still have the capital to buy
That's right, it is normal for those who are new to Bitcoin and buy coins at high prices but after that the price collapses, of course it will make them panic and feel depressed. At least they have to enter the cryptocurrency market when the bearish season occurs. . When a bull run like this is only exploited by traders who already understand it, they can immediately withdraw as much profit as they can.
During a bull run we can only play to get short and medium term profits. and must really always monitor price movements in the market. This is done by professional trades, we can also do it if we have knowledge and experience. As noobs, it's best to buy when it's bearish and hold until the bullish season arrives
-
Yeah most futures traders will benefit more on these up and down trends. I was once doing that as well but I am not that good at it so I need to study more about it so I can grab those opportunities offered by those trends. But still it is beneficial for DCAers as well since it has all the basic information needed in a buy transaction.
There are many ways to find out the right position to enter cryptocurrency, but the need for better analysis is really needed, therefore if you are more comfortable using the DCA method then continue to consistently use that method because so far the movements using this method have had quite accurate results. .
Honestly, we are still in the discovery phase, dude. This is a measure of the accuracy that we analyze on the chart, so it is important to have a deep understanding of the trading process. I expected that after the halving, there would be liquidation or correction.
And it is important that we can determine when we will have a confirmation of the sale of our holdings so that we can buy and dip in the coins we hold. So, for now, more prediction accuracy is what we can really do.
-
Honestly, we are still in the discovery phase, dude. This is a measure of the accuracy that we analyze on the chart, so it is important to have a deep understanding of the trading process. I expected that after the halving, there would be liquidation or correction.
And it is important that we can determine when we will have a confirmation of the sale of our holdings so that we can buy and dip in the coins we hold. So, for now, more prediction accuracy is what we can really do.
Because we are in a discovery phase, with an open sky above so it's important to avoid trading. It is very important for newbies because if they trade during discovery phase, they will mainly lose their bitcoins.
With effects from fear, panic, uncertainty and even forced liquidations from over leveraging, they will shake their hands (with Spot) or be liquidated (with Leverage, Futures). The end is not happy, either lose most of their bitcoins (by liquidations) or lose considerable part of their bitcoins (buy buy high, sell low as panic effects).
-
Honestly, we are still in the discovery phase, dude. This is a measure of the accuracy that we analyze on the chart, so it is important to have a deep understanding of the trading process. I expected that after the halving, there would be liquidation or correction.
And it is important that we can determine when we will have a confirmation of the sale of our holdings so that we can buy and dip in the coins we hold. So, for now, more prediction accuracy is what we can really do.
Because we are in a discovery phase, with an open sky above so it's important to avoid trading. It is very important for newbies because if they trade during discovery phase, they will mainly lose their bitcoins.
With effects from fear, panic, uncertainty and even forced liquidations from over leveraging, they will shake their hands (with Spot) or be liquidated (with Leverage, Futures). The end is not happy, either lose most of their bitcoins (by liquidations) or lose considerable part of their bitcoins (buy buy high, sell low as panic effects).
Currently we should choose to wait for the halving, because it seems the market is not yet good for trading. I just wait and analyze several coins to buy when a deeper correction occurs.
There will always be panic, but be calm and patient in looking at current market conditions. As you said we are in the discovery phase, it's best to wait and see which way the market will move, but it will probably be a dump
-
Currently we should choose to wait for the halving, because it seems the market is not yet good for trading. I just wait and analyze several coins to buy when a deeper correction occurs.
There will always be panic, but be calm and patient in looking at current market conditions. As you said we are in the discovery phase, it's best to wait and see which way the market will move, but it will probably be a dump
Price will not blast off shortly after the halving. I don't expect such blast off to happen soon.
The market is very panic now and things will become much more negative if Bitcoin can not hold its $60,000 in coming days. It's expected test (in my opinion) around the halving, as previous market cycles show me a fact that market usually have a massive clean up (or massacre, you can say so too) around the halving. Time for it can be either before or after a halving, but the purpose behind it is to clean up the market.
It's good preparation for a massive bull run after all.
-
Currently we should choose to wait for the halving, because it seems the market is not yet good for trading. I just wait and analyze several coins to buy when a deeper correction occurs.
There will always be panic, but be calm and patient in looking at current market conditions. As you said we are in the discovery phase, it's best to wait and see which way the market will move, but it will probably be a dump
Price will not blast off shortly after the halving. I don't expect such blast off to happen soon.
The market is very panic now and things will become much more negative if Bitcoin can not hold its $60,000 in coming days. It's expected test (in my opinion) around the halving, as previous market cycles show me a fact that market usually have a massive clean up (or massacre, you can say so too) around the halving. Time for it can be either before or after a halving, but the purpose behind it is to clean up the market.
It's good preparation for a massive bull run after all.
You are right, the price will not immediately jump after the halving because there will be several corrections before bitcoin reaches its highest price when bullish. Many people predict bullishness will occur a year after the Bitcoin halving, so it will happen next year that Bitcoin will touch the top ATH.
-
If you look at the market and news daily, you will see so chaotic information, good and bad.
If you look at it yearly, you will see almost positive news and solid growth of this market with time. It's big difference when we zoom out and see a wide picture.
I understand, but don't forget the manipulators. It is they (by short-term actions) who can lead you off the right path - endings, loss of deposit + leaving the market. Whoever, whatever their experience. In any case, it pays to be always in the market + monitor many indicators. It is important.
P.S. In all of this, we should not forget that each of us makes our own decisions. Without shifting responsibility to others. The main point that also should not be forgotten as far as I'm concerned. 8)
-
If you look at the market and news daily, you will see so chaotic information, good and bad.
If you look at it yearly, you will see almost positive news and solid growth of this market with time. It's big difference when we zoom out and see a wide picture.
I understand, but don't forget the manipulators. It is they (by short-term actions) who can lead you off the right path - endings, loss of deposit + leaving the market. Whoever, whatever their experience. In any case, it pays to be always in the market + monitor many indicators. It is important.
P.S. In all of this, we should not forget that each of us makes our own decisions. Without shifting responsibility to others. The main point that also should not be forgotten as far as I'm concerned. 8)
itis our money so we must be the one that decide in what we must be dealing , no one will suffer from our losses but only us, so try to be more specific and safer before investing our precious money.
but if this is for bitcoin> then deal even without caution because this is the safest of them all.
-
Currently we should choose to wait for the halving, because it seems the market is not yet good for trading. I just wait and analyze several coins to buy when a deeper correction occurs.
There will always be panic, but be calm and patient in looking at current market conditions. As you said we are in the discovery phase, it's best to wait and see which way the market will move, but it will probably be a dump
The good thing is that after the dump, it provides an opportunity to dive into the crypto market to buy Bitcoin at a discount price and for Bitcoin to increase in price more than it has before. However, no need for one to be panic about the correctional price because whether good or bad, just a matter of time, we are going to see an ATH that will far above the $73k that we have seen this year
-
I understand, but don't forget the manipulators. It is they (by short-term actions) who can lead you off the right path - endings, loss of deposit + leaving the market. Whoever, whatever their experience. In any case, it pays to be always in the market + monitor many indicators. It is important.
P.S. In all of this, we should not forget that each of us makes our own decisions. Without shifting responsibility to others. The main point that also should not be forgotten as far as I'm concerned. 8)
The market is opened for everyone to join and exit and the party needs both buyers and sellers, winners and losers because you can not have a party if nobody in the market are buying. Winners must get money, profit from losers and it's how market work.
Think of it that if whales want to take profit, they must to take it from other people and probably include you. You will play as a loser or join whales to become winner in the market, it's your decision.
The good thing is that after the dump, it provides an opportunity to dive into the crypto market to buy Bitcoin at a discount price and for Bitcoin to increase in price more than it has before.
People can hope to have cheaper price to buy and they can wait for a while but when market has a dip, they will feel panic and reject good opportunities to buy.
Newbies in this market will have to experience in the market with a long time, with many missing opportunities, wrong decisions, before they are experienced enough to make investment plans and be strong in dips, to buy cheap bitcoins.
-
If you look at the market and news daily, you will see so chaotic information, good and bad.
If you look at it yearly, you will see almost positive news and solid growth of this market with time. It's big difference when we zoom out and see a wide picture.
I understand, but don't forget the manipulators. It is they (by short-term actions) who can lead you off the right path - endings, loss of deposit + leaving the market. Whoever, whatever their experience. In any case, it pays to be always in the market + monitor many indicators. It is important.
P.S. In all of this, we should not forget that each of us makes our own decisions. Without shifting responsibility to others. The main point that also should not be forgotten as far as I'm concerned. 8)
itis our money so we must be the one that decide in what we must be dealing , no one will suffer from our losses but only us, so try to be more specific and safer before investing our precious money.
but if this is for bitcoin> then deal even without caution because this is the safest of them all.
Yes, this is our money, all the decisions are in our hands, we will make a profit and we will also experience a loss. In every investment we are always faced with risk, we have to take the smallest risk to get a profit.
Regarding negative news, it depends on our perspective because there are many manipulators out there.
-
The good thing is that after the dump, it provides an opportunity to dive into the crypto market to buy Bitcoin at a discount price and for Bitcoin to increase in price more than it has before. However, no need for one to be panic about the correctional price because whether good or bad, just a matter of time, we are going to see an ATH that will far above the $73k that we have seen this year
I think this year's ATH has reached $73k and it is impossible to make a new ATH again because to raise the price of bitcoin to a new ATH requires quite a lot of money. No one wants to buy bitcoin at such an expensive price without any good news. can provide profits for those who buy at high prices.
-
Currently we should choose to wait for the halving, because it seems the market is not yet good for trading. I just wait and analyze several coins to buy when a deeper correction occurs.
There will always be panic, but be calm and patient in looking at current market conditions. As you said we are in the discovery phase, it's best to wait and see which way the market will move, but it will probably be a dump
The good thing is that after the dump, it provides an opportunity to dive into the crypto market to buy Bitcoin at a discount price and for Bitcoin to increase in price more than it has before. However, no need for one to be panic about the correctional price because whether good or bad, just a matter of time, we are going to see an ATH that will far above the $73k that we have seen this year
I agree with you that there is no need to panic, because after the halving we will see the bull run some months after. It is just a matter of time and patience for investors to start seeing bitcoin price skyrocketing again. It is weak hands that don't understand the price movement of bitcoin, that will panic and sell forgetting that bitcoin price will pump again, and that this is not the best time to sell.
-
I think this year's ATH has reached $73k and it is impossible to make a new ATH again because to raise the price of bitcoin to a new ATH requires quite a lot of money. No one wants to buy bitcoin at such an expensive price without any good news. can provide profits for those who buy at high prices.
In my opinion, this year we could see BTC reach over 73k without too much effort
Some have sold their BTC thinking that the price could fall due to news of a possible war, others have taken profits because they bought in the bear market, but I realize that the vast majority are not willing to sell BTC below 100k which seems like a psychological barrier
-
I think this year's ATH has reached $73k and it is impossible to make a new ATH again because to raise the price of bitcoin to a new ATH requires quite a lot of money. No one wants to buy bitcoin at such an expensive price without any good news. can provide profits for those who buy at high prices.
In my opinion, this year we could see BTC reach over 73k without too much effort
Some have sold their BTC thinking that the price could fall due to news of a possible war, others have taken profits because they bought in the bear market, but I realize that the vast majority are not willing to sell BTC below 100k which seems like a psychological barrier
60k is a hard to break support and we are really that literally holding this line, actually im really that expecting that it might be falling down below 50k as the lowest for this current run
before it would really be making some moonshot but well just like always on which there's no way that we could really be able to know on where it would really be heading.
Its always been unpredictable despite of the recognition that it do really gets specially now that institutional funds are flowing into crypto specially in bitcoin but doesnt
mean that it would really becoming that predictable in that case which is really still the same i should say.
-
These are all natural parts of the market and shouldn't be really a shocking thing to anyone. I get that you may feel like its something that doesn't happen during bull run and there are too many people who expected just ups and ups, but even during the bull runs there are situations like this that make it go down. Plus, this wasn't really related to the market all that much, this was related to the potential of a big war, and thankfully that did not happen and it stopped before it got out of hand. Which means that the 70k+ prices are literally around the corner and probably a lot more after that too.
-
You are right, the price will not immediately jump after the halving because there will be several corrections before bitcoin reaches its highest price when bullish. Many people predict bullishness will occur a year after the Bitcoin halving, so it will happen next year that Bitcoin will touch the top ATH.
Have we entered the halving period?
As we know, bullishness will definitely occur after the halving, but does it really take that long to get to the next bullishness?
-
You are right, the price will not immediately jump after the halving because there will be several corrections before bitcoin reaches its highest price when bullish. Many people predict bullishness will occur a year after the Bitcoin halving, so it will happen next year that Bitcoin will touch the top ATH.
Have we entered the halving period?
As we know, bullishness will definitely occur after the halving, but does it really take that long to get to the next bullishness?
As expected, the halving will occur on April 19 this month, and we can see that the price of bitcoin has started to rise. I think next week bitcoin will rise to a higher price. When will there be bullishness, I don't think anyone can predict exactly when, because the crypto market is difficult to predict
-
Yes, this is our money, all the decisions are in our hands, we will make a profit and we will also experience a loss. In every investment we are always faced with risk, we have to take the smallest risk to get a profit.
Regarding negative news, it depends on our perspective because there are many manipulators out there.
With Bitcoin, a longer time you hold it, a better profit you will get.
To hold your bitcoin a long time, you need to read as less news as possible because news will affect your emotion, psychology then decisions. Usually when you are unsure, you will less likely be able to hold your bitcoin.
See the ROI information of Bitcoin, from the table to the chart, and recognize that holding your bitcoins is best you can do for getting profit.
https://casebitcoin.com/charts
-
Yes, this is our money, all the decisions are in our hands, we will make a profit and we will also experience a loss. In every investment we are always faced with risk, we have to take the smallest risk to get a profit.
Regarding negative news, it depends on our perspective because there are many manipulators out there.
With Bitcoin, a longer time you hold it, a better profit you will get.
To hold your bitcoin a long time, you need to read as less news as possible because news will affect your emotion, psychology then decisions. Usually when you are unsure, you will less likely be able to hold your bitcoin.
See the ROI information of Bitcoin, from the table to the chart, and recognize that holding your bitcoins is best you can do for getting profit.
https://casebitcoin.com/charts
Thanks for the advice, dude.
I will try to see and study the link you provided.
Bitcoin is a good coin to hold long term. And I've done it 3 halvings.
Sometimes it's just being distracted by life's necessities that makes me sell some of my bitcoins.
That's the problem we experience when trying to hold on for the long term
-
Sometimes it's just being distracted by life's necessities that makes me sell some of my bitcoins.
That's the problem we experience when trying to hold on for the long term
You told that you only sold some of your bitcoins and I feel that you actually managed your finance very well.
It's different than many people who use all money they have to buy bitcoins, with hope that they will get good profit months later. If they are unfortunately invest around a start of bear market, that usually lasts about 2 years, their capital will stuck in bitcoin, even drop in value.
At the end, they need money, and have to sell their bitcoins, with loss compares to their entries.
So manage your finance, before investing, is very important.
For withdrawal (selling) of your bitcoins, I recommend you to check this strategy.
- https://bitcoindata.science/withdrawal-strategy
-
We were euphoric at 70-74k. Big money (manipulators), are in colossal gains. We formed a consolidation range. We are now at the lows.
P.S. As much as possible, try not to panic and not to make rash purchases, which in the long run can lead to loss of funds. Remember this and maximize your savings. ???
(https://i.ibb.co/qYvkQ5v/photo-2024-04-17-08-54-00.jpg)
-
The good thing is that after the dump, it provides an opportunity to dive into the crypto market to buy Bitcoin at a discount price and for Bitcoin to increase in price more than it has before.
People can hope to have cheaper price to buy and they can wait for a while but when market has a dip, they will feel panic and reject good opportunities to buy.
That's the reality that most people are going to throw themselves at, soon. As the bitcoin price increases, they will think of buying when decreases. When it has decreased, they will find it hard to buy because they will think it won't increase as fast as possible.
That's the whole mentality of most newbies. To procrastinate when to buy bitcoin
-
The good thing is that after the dump, it provides an opportunity to dive into the crypto market to buy Bitcoin at a discount price and for Bitcoin to increase in price more than it has before.
People can hope to have cheaper price to buy and they can wait for a while but when market has a dip, they will feel panic and reject good opportunities to buy.
That's the reality that most people are going to throw themselves at, soon. As the bitcoin price increases, they will think of buying when decreases. When it has decreased, they will find it hard to buy because they will think it won't increase as fast as possible.
That's the whole mentality of most newbies. To procrastinate when to buy bitcoin
for beginners they need experience, dude. so let them gain that experience by studying the market and determining when to buy. because there must be doubts when buying for beginners when they see a dump market. because they don't have a good analysis of the market
-
The good thing is that after the dump, it provides an opportunity to dive into the crypto market to buy Bitcoin at a discount price and for Bitcoin to increase in price more than it has before.
People can hope to have cheaper price to buy and they can wait for a while but when market has a dip, they will feel panic and reject good opportunities to buy.
That's the reality that most people are going to throw themselves at, soon. As the bitcoin price increases, they will think of buying when decreases. When it has decreased, they will find it hard to buy because they will think it won't increase as fast as possible.
That's the whole mentality of most newbies. To procrastinate when to buy bitcoin
for beginners they need experience, dude. so let them gain that experience by studying the market and determining when to buy. because there must be doubts when buying for beginners when they see a dump market. because they don't have a good analysis of the market
Well I always recommend something, it is a little more effort but it is better, some people go to take courses in large academies, in many places where they also sell signs, but it doesn't make much sense because the important thing is to learn, it is the only way to We can always win, what we learn will always be ours, that is why I recommend reading books, but not just any book, I do not Recommend technical analysis, but knowing how the market moves, yes these market Speculators are those who can give us samples of how they handled certain situations in the market, this is something that will always look great in terms of learning, the more you learn the more money you Will make.
-
for beginners they need experience, dude. so let them gain that experience by studying the market and determining when to buy. because there must be doubts when buying for beginners when they see a dump market. because they don't have a good analysis of the market
Agree with what you suggest, beginners do need a lot of experience to directly trade on the exchange so that they will know the right time to enter and exit the exchange. So far, there are still many traders who sometimes make wrong decisions and end up losing money because they are forced to sell their assets at low prices.
-
for beginners they need experience, dude. so let them gain that experience by studying the market and determining when to buy. because there must be doubts when buying for beginners when they see a dump market. because they don't have a good analysis of the market
Agree with what you suggest, beginners do need a lot of experience to directly trade on the exchange so that they will know the right time to enter and exit the exchange. So far, there are still many traders who sometimes make wrong decisions and end up losing money because they are forced to sell their assets at low prices.
Becoming a trader requires experience and a long time to learn. Beginners will make some mistakes, but that's normal, because they're still learning. When they have the knowledge and experience they will also become professional traders
-
for beginners they need experience, dude. so let them gain that experience by studying the market and determining when to buy. because there must be doubts when buying for beginners when they see a dump market. because they don't have a good analysis of the market
Agree with what you suggest, beginners do need a lot of experience to directly trade on the exchange so that they will know the right time to enter and exit the exchange. So far, there are still many traders who sometimes make wrong decisions and end up losing money because they are forced to sell their assets at low prices.
Becoming a trader requires experience and a long time to learn. Beginners will make some mistakes, but that's normal, because they're still learning. When they have the knowledge and experience they will also become professional traders
This depends on the capital you use, when you have unlimited capital then learning to be a good trader and perhaps becoming a professional trader only takes a short amount of time. What makes us learn to be a professional trader takes quite a long time is the limited capital that we use.
-
This depends on the capital you use, when you have unlimited capital then learning to be a good trader and perhaps becoming a professional trader only takes a short amount of time. What makes us learn to be a professional trader takes quite a long time is the limited capital that we use.
Actually, large capital, if you don't have knowledge and experience in trading, is also very dangerous. because trading requires analysis and being able to choose coins that really have the potential to rise. If you have large capital without trading experience, it's best to become a holder, buy when bearish and hold.
-
This depends on the capital you use, when you have unlimited capital then learning to be a good trader and perhaps becoming a professional trader only takes a short amount of time. What makes us learn to be a professional trader takes quite a long time is the limited capital that we use.
Actually, large capital, if you don't have knowledge and experience in trading, is also very dangerous. because trading requires analysis and being able to choose coins that really have the potential to rise. If you have large capital without trading experience, it's best to become a holder, buy when bearish and hold.
A wise thing to be done rather than on making yourself to be that a looks knowledgeable but in truth you dont really even know on what you are doing. You are really just that putting your money
in great danger on losing it all if you would really be having that kind of pretending that you do know on something that you dont have any idea on what it is. :D
We do know that not all people would really be having that kind of risks taking thing or considerations and this is why some people do ends up on holding rather than
on making active trades because they cant really just that bare up on those potential risks which i would say that this is something more wiser thing to be done.