Bitcoin bull market correction drawdowns

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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. .

[tranthidung]

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.

[legend45]

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.

[ScamViruS]

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.

[IvugeoEvolutionCoin]

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.

[tranthidung]

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

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!

[NikeFit_7777]

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. 

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?

[rdluffy]

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 

[DaNNy001]

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.

[LUCKMCFLY]

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 

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.

[tranthidung]

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. 

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. 

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?

[dwyane36]

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.

[0t3p0t]

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 

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.

[Gurujebs]

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.

[Sim_card]

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.