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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
You are looking at how the price has moved in ~ 1-2 months, if you zoom out and look at its movement for over a year, i don't think you'll say it isn't performing well. Another thing to ask is when did you buy? Did you buy when the price is rising and right now is the price down from the time you bought your own coins?
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Usually after halving bitcoin has downtrend moment and likely not really huge of decreasing for bitcoin price since before halving success break out to the higher price.
I think right now is moment for us keep purchasing how many possibilities before break out moment taken at the end of year or few months later after longer time bitcoin keep stable on lower price. I have limitation of capital after some my altcoin assets price decreasing and will buy many bitcoin if get profitable later regarding bitcoin has lower price right now.
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Bitcoin is currently priced at 61K, which is about 12K below its all-time high. At the moment, we can see the value of Bitcoin as very low. Because according to our expectations, currently the price of Bitcoin is very low. Bitcoin will definitely increase in the future, but before that, the value of Bitcoin may decrease further, or increase rather than decrease. We can't say it with any certainty. We can look at the good possibility to buy Bitcoin right now, because according to the current price, when the real bull market of Bitcoin starts, it will cross about 120K.
So we can start buying now, we should buy now, and then buy more if the price of Bitcoin goes down further, because the lower we can buy when we buy, the more profit we will make after the price increases. So Bitcoin price dumping should be seen as a buying opportunity. In this we will be able to benefit more better money.
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Usually after halving bitcoin has downtrend moment and likely not really huge of decreasing for bitcoin price since before halving success break out to the higher price.
I think right now is moment for us keep purchasing how many possibilities before break out moment taken at the end of year or few months later after longer time bitcoin keep stable on lower price. I have limitation of capital after some my altcoin assets price decreasing and will buy many bitcoin if get profitable later regarding bitcoin has lower price right now.
Bitcoin price dropped to $58k yesterday which is a negative signal for Bitcoin. And although the price of Bitcoin quickly rose above $61k again, it now appears that Bitcoin is going down again. so I'm a bit scared about the price of Bitcoin right now. And I think Bitcoin could be down again. It could even happen that it goes below $50k. Because of this I am afraid to invest in Bitcoin at present and am waiting for some more Dip. I follow DCA though. However, I am afraid of the market condition
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The present bitcoin price is stillway above the last year all time high price so for that it is very important to balance our understanding and expectation for the market, bitcoin halving doesn't promised to bring in anything and just a a block sieze reward reduction for bitcoin miner's.
We shouldn't expect anything to suddenly happen in the market just because of halving, I think there is need for more institutional buying of bitcoin in order to push the price up.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
Not an expert but most of people already know what has caused this downtrend. You must have heard about the MT Gox exchange, it was a marketplace for anonymous shopping back in 2014 it got hacked and people who stored there funds on it lost it to the hacker and now the same exchange is refunding every victim. The payment is around 141686 BTC.
They will distribute the payment in BCH and in BTC form, this news has created a panic situation among the BTC holders that's why they must be selling there holdings either to take full exit or to take half exit and then enter again. But all this downtrend was expected already as MT Gox has shared the news in 2023 that they will start distribution in 2024.
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I think it is clear that we are going to end up with adoption that makes it quite obvious where we just use crypto for payments. I do not think that it will be anything else, we should just do that. I get that we are going to end up something nice, where I just go to a restaurant, eat food, pay with my bitcoin and leave. That is the next step and nothing else really looks like our future to me. There could be more financial company stuff like ETF as well, there isn't really anything that would be all that terrible, that could happen and it wouldn't be bad but I think it should be something related to payments first.
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After experiencing bearishness, and potentially the next retest, Bitcoin still has the possibility of another bearish streak, so this seems like a price movement that many people don't want... even though there is still a chance for bullishness, I think some people have started to fall because they have a bad hand this isn't strong enough.
For those who are still holding, please prepare yourself for the next bearish... and buy some BTC when it is cheap, if there is no balance, buyback can be done while it is not below $59k.
I will still hold until at least early 2025
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
What do we really hope for after the halving happens? Do we hope that the bullish era will occur as soon as possible after the halving? No, even in previous seasons, it also took several months. Because indeed, there are several processes in the market that must be gone through. The graph shows that actually, the Bitcoin market is currently still quite good. The existence of ups and downs is indeed very common in the crypto market, especially regarding Bitcoin's volatility.
Look at how the market drops significantly in a few days and then rises again a few days later. So, don't worry too much, we still have the chance to wait for the real Bitcoin bullish season. Based on the cycle, if it does happen again, 2025 should be a real bullish era. So, just enjoy the prize this time. DCA is the best one to take advantage of the opportunities available at market this time. Or if you want to start increasing your accumulated investment in Bitcoin, wouldn't it be a good idea to do it when the market is dropping, right?
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We can look at the good possibility to buy Bitcoin right now, because according to the current price, when the real bull market of Bitcoin starts, it will cross about 120K. So we can start buying now, we should buy now, and then buy more if the price of Bitcoin goes down further, because the lower we can buy when we buy, the more profit we will make after the price increases.
Yes, of course, as they say when there is a dip as deep as this one right now before our eyes there can be good opportunities to buy. Well, the only stopping people from buying more is the idea that Bitcoin can dip more so it is good to watch and then decide when can be the right time to make the move. While the market can a little bit gloomy, people who are looking for the dip would soon be buying more Bitcoin to add to their expanding portfolio. There is no question that soon Bitcoin will be reaching the $100K to $150K zone and this is just a matter of time...and that requires some HODLING patience on our part. At the end of the day, only those who stay will get the best benefits that Bitcoin is offering to the market. Am then hoping that you have already moved your millions to buy more Bitcoin so that the price can be back at $65K as soon as possible. Or you can sell your house to get more Bitcoin and live like a nomad just like The Bitcoin Family (https://yolofamilytravel.com/).
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After experiencing bearishness, and potentially the next retest, Bitcoin still has the possibility of another bearish streak, so this seems like a price movement that many people don't want... even though there is still a chance for bullishness, I think some people have started to fall because they have a bad hand this isn't strong enough.
It's just temporary bearish trend though, yeah, it has retested $60,000 already and it seems that it is holding and we are not going to break into $59,000.
For those who are still holding, please prepare yourself for the next bearish... and buy some BTC when it is cheap, if there is no balance, buyback can be done while it is not below $59k.
That is a best advise, this is just temporary though, we should look at the bigger picture and if we have the capital then we can still buy Bitcoin today as it is cheap and at a discount.
I will still hold until at least early 2025
Most of us will have that mindset, or at least those who have been in this game for so long because we all know what is the upside of continue to accumulate and be a long term holder and wait till the last quarter of the year as that will be our peak price.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
I'm not an expert, but I'll just share my insights on this one.
Hasn't really performing to expectations? Who are expecting for the best? Are you one of them? I guess your expectations is just too high for you to make a kind of a negative thread like this, eh? I'm expecting the bull run to start anytime this year, but my expectations are low.
Cause of negative price action? I can't think of anything aside from the supply and demand only. I mean there's no news out there that might affect the crypto negatively. Right now, what we are seeing right now is pretty much normal, and just be patient. Everything will be ok. :)
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
I'm not an expert, but I'll just share my insights on this one.
Hasn't really performing to expectations? Who are expecting for the best? Are you one of them? I guess your expectations is just too high for you to make a kind of a negative thread like this, eh? I'm expecting the bull run to start anytime this year, but my expectations are low.
I do not think that this is true, as Bitcoin and Ethereum options will expire during the next few hours, and therefore more pressure will be on the price during the coming hours. If the $59,000 price is broken, and as the month closes near, we are expected to witness a correction, and if the price continues to hold on to the 60,000 price, we will likely see $63,200 by Sunday.
(https://i.postimg.cc/gj5CM5nr/image.png)
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
No one can say about the next step of Bitcoin. It is fully depend on the market situation like you already mention that the negative price of market. For this negative market there can be multiple reason it can be market correction or it can be for whale movement. Like a few times ago I just know that USA government move they are 3940bitcoin to a centralised exchanger coinbase. Have you imagine the worth of it ? It's more than 241millions. And since Coinbase is a centralized exchange, bringing in bitcoins means thinking about cashing them. This can also be a reason for this negative market price. Moreover, the price of Bitcoin was pumping a few days ago and is currently being corrected.
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Usually after halving bitcoin has downtrend moment and likely not really huge of decreasing for bitcoin price since before halving success break out to the higher price.
I think right now is moment for us keep purchasing how many possibilities before break out moment taken at the end of year or few months later after longer time bitcoin keep stable on lower price. I have limitation of capital after some my altcoin assets price decreasing and will buy many bitcoin if get profitable later regarding bitcoin has lower price right now.
Bitcoin price dropped to $58k yesterday which is a negative signal for Bitcoin. And although the price of Bitcoin quickly rose above $61k again, it now appears that Bitcoin is going down again. so I'm a bit scared about the price of Bitcoin right now. And I think Bitcoin could be down again. It could even happen that it goes below $50k. Because of this I am afraid to invest in Bitcoin at present and am waiting for some more Dip. I follow DCA though. However, I am afraid of the market condition
In fact, if you understand the Bitcoin cycle, there is nothing to be afraid of if there is a downturn, you just need patience to get back up,
It's a different matter if someone buys BTC when the price is high and buys using non-free money, so there will be panic when there is a decline in my opinion.
just like you, I am also afraid of buying BTC at this time, where the main reason is that there are no funds to allocate to BTC and there is a fear that BTC will go down even more than today, if I buy BTC
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I think it is clear that we are going to end up with adoption that makes it quite obvious where we just use crypto for payments. I do not think that it will be anything else, we should just do that. I get that we are going to end up something nice, where I just go to a restaurant, eat food, pay with my bitcoin and leave. That is the next step and nothing else really looks like our future to me. There could be more financial company stuff like ETF as well, there isn't really anything that would be all that terrible, that could happen and it wouldn't be bad but I think it should be something related to payments first.
Using BTC for day-to-day expenses is not so useful, as most of the people adopting it and investing in it are looking to hold it for a longer period of time. They don't want to use BTC for day-to-day expenses. Keep all of them aside, let's take your POV here. Will you use the BTC you have accumulated or earned from Signature campaigns (if selected) for day-to-day expenses or you prefer to hold these BTC for a longer period of time?
I will prefer to use BTC for holding purposes because I know in the long run it can multiply my investment and can give me some good profit. But I am still using my BTC for daily expenses as well. Because I can't save money at the moment due to high expenses, but its does not mean I don't want to save funds in the form of BTC.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
From my perspective, bitcoin has done excellently well after the halving even took place in April, it has appreciated to its ATH and we are currently in the price correction, where we'll experience a bit of dump and sideways trend for a while and after which we'll be experiencing the bull run which might lead to a new ATH. Looking from history it's a normal occurrence and it's no new thing. If you're already holding, I urge you to keep holding irrespective of the trend we are experiencing right now, the bull are yet to come and it would be great.
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Although within a few months we could see the Bitcoin market peak dumping this June. You will notice that the Bitcoin market is currently dumping the highest target, from $73K to the current $60K low. So in the past, although the Bitcoin market has been bullish since January 2024, June 2024 has seen the highest dumping. Basically the main reason for this Bitcoin dumping is that the American government transferred 3940 Bitcoins from its huge Bitcoin fund for sale.
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Although within a few months we could see the Bitcoin market peak dumping this June. You will notice that the Bitcoin market is currently dumping the highest target, from $73K to the current $60K low. So in the past, although the Bitcoin market has been bullish since January 2024, June 2024 has seen the highest dumping. Basically the main reason for this Bitcoin dumping is that the American government transferred 3940 Bitcoins from its huge Bitcoin fund for sale.
Whale transaction can greatly affect the price movements of Bitcoin and other cryptocurrencies but one thing is certain, that Bitcoin will rise again after the entire dump we are still going to experience the bulls which is a normal occurrence after the Halving. Though more investors must have also contributed by selling off their Bitcoin, but when they start buying at their desired dip the price of Bitcoin will surly increase. Dumps like this don't last for long. And FOMO can actually make investors start accumulatiing again, though there are other factors that can influence the price of Bitcoin but buying and selling is the most common reasons for the dumps and pumps.
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When I first looked at this, the Bitcoin market was very bad, going up a bit at the current time and going back down again later. If the Bitcoin market goes this way for a while, it will currently top out in 2024. Because of this Bitcoin transactions are a bit high which I think will not last for long. Those who invested at this time will now try to sell the bitcoins at skyrocketing prices. Due to this, the current bitcoin market is good.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while.
It is unfortunate that you are one of those who believed the price of Bitcoin would skyrocket just after the halving. Lol.
Please do not be too curious to this anxiety because no one would give you a definite answer to this as long Bitcoin market price is unpredictable but though we just have to keep hodling in expectation that after the downtrends, the value will be uplifted.
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Well, BTC is performing well if we look at its yearly and monthly charts. We can easily spot the changes. But I don't know why you are panicking about this downtrend. BTC is a highly volatile asset, and its prices change with time, so it's not a big deal. Yesterday, BTC's price dropped, but in the next movement, BTC went up again, so don't panic, Bitcoin is behaving normally.
Now, coming to another point, halving was never mentioned to suddenly raise the price of Bitcoin and start a bullish era. We need to wait, give it some time, and also take advantage of it. When Bitcoin goes down, take some part and wait for the next downtrend, which we normally call DCA methods.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
Op there's nothing special in this market condition, it's the usual pullback due to high sell pressure from the profit bookers side, there were a few negative news 7 developments but those are insignificant ones. So just chill market will take a run-up from here all we need to do is just hold patience for some time.
Sooner or later this tight range will get broken and market will be on track again towards the $100k
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I believe that, according to the 4-year halving cycles, we should be ripe to start the climb-up. But then again, summer months don't tend to be the best ones when it comes to price growth, and there's the Mt Gox distribution scare still going on, which I believe is already largely priced in (when it comes to the psychological factors) but I imagine many potential buyers would still choose to sit on their hands maybe until August to see how all of this will pan-out.
But overall I'm rather positive. I expect we'll end July in green, but we might not break the ATH this month.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
I can still see Bitcoin being bullish on daily timeframe mate but since I think March 2024 up until now the price was consolidating between $60k and $70k and any breakout from the previous highs and lows would give us hint on where the trend will take us whether up or down so yeah better prepare for an entry but you can still trade on those support and resistance for a better profit.
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If I know when BTC will pump I think I'll just stay silent and accumulate steadily OP. After all, the more I buy the more I profits later. We don't have any magic ball so we don't know when it will happen. Even if you follow pattern analysis it should never serve as a guarantee, just a possibility or scenario that you should consider before taking any position. I remember seeing the rainbow chart being edited in real time because the pattern broke, not sure if that's what everybody follows though.
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I can still see Bitcoin being bullish on daily timeframe mate
If this post was made on July 2nd, bitcoin is not bullish at all. If you see it to be kind of bullish, the price also later fell back. It is going down to almost $60000 again and again. If this continue, it is possible that $60000 which is the supportive price now could become later become the resistant price and that may not be good because that could indicate bear market coming. But the bull trend is not yet over even if bitcoin is bearish for now, this could later result to another bull run that could take bitcoin price to all-time high.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
As what I have noticed in the price action of Bitcoin or any assets, the big impulsive move comes after taking the liquidity. What's happening in the market right now is seeking out a liquidity. Now, where can we found liquidity? It's either the swing points, imbalances, and order blocks. I expected for the price to take the liquidity below the $56,500, and I hope it's only a sweep as my confirmation for reversal.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
Like I think I've mentioned in another thread a short time ago, as of today, the price of bitcoin went below $60k which seems to have been it's support all this while, and currently as I am typing this comment, the price of bitcoin is around $59,900 dollars, and the reason for this dip is because Germany are not yet done selling their $3 billion dollars worth of bitcoin, today, another thousands of bitcoin was transferred to an exchange by the German government for selling.
This is part of what have contributed greatly to the underperformance we are currently seeing with Bitcoin and the entire cryptocurrency market.
But then, like I will always say, this is a very good buying opportunity for those who have more funds to invest, for at last, this bearish momentum won't last at all, in a couple of months coming, the sentiment around the market should have changed to a positive one with bitcoin and several Altcoins adding good value everyday.
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Bitcoin is coming down rapidly right now. This morning I was seeing $61k but right now I am seeing $59k. Many people plus me.was thinking that the price of bitcoin would rise after the halving but things are not the people have predicted and the opposite is the case here. And this downtrend will last for sometimes again before the price will regain itself. And before the price will increase again it will be from November and that is the time I discovered that it is normally increase since when I start the investment business. And the price is going down now it is better to wait a little bit to see if it can enter the dip again.
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Just wait and be patient. The bullish era is a much awaited time for investors not to profit from their Bitcoin after long term investment. However, be patient when it's not time yet. Whether it's after the Bitcoin ETF approval or the halving, in fact it's not yet the time for Bitcoin to meet the bullish phase of the era, the epic season. So, what's there to worry about? nothing, because we believe that BTC will shoot up at the right time. At least we make sure to be patient until next year. Because based on the cycle, next year should be the peak season of bullrun.
Bitcoin is coming down rapidly right now. This morning I was seeing $61k but right now I am seeing $59k.
The price of Bitcoin is still very unstable and its volatility is quite high. Recently, due to negative news from the exchange, MT Gox, Bitcoin prices have fallen more frequently and even more deeply than before. This time, even Bitcoin hit a low of $59,417. And still struggling at that number. So, we can only be patient and make sure we don't panic about a situation that might be even worse in the future.
Lowest price of BTC in 24 hour:
https://coinmarketcap.com/currencies/bitcoin/
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One thing to keep in mind that stuff are happening very quick but also very slow at the same time in the crypto world. Like we say that ETH will have proof of stake, but then that takes many years, and then suddenly tomorrow a new token may end up going to top 30 in a single day of release. So we do not know how quick or slow something will be, will the next step be something very quick, or will it be something that takes a lot of time. We should learn what to do and how to do it or we are going to end up being in the dark about this. I personally believe that we need to be careful with what we have, so that we are not really confused about it. I believe that we need to keep getting quicker results, because slower ones are harder, but eventually get one huge big one in the end.
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Bitcoin is coming down rapidly right now. This morning I was seeing $61k but right now I am seeing $59k. Many people plus me.was thinking that the price of bitcoin would rise after the halving but things are not the people have predicted and the opposite is the case here. And this downtrend will last for sometimes again before the price will regain itself. And before the price will increase again it will be from November and that is the time I discovered that it is normally increase since when I start the investment business. And the price is going down now it is better to wait a little bit to see if it can enter the dip again.
Yeah, it just shows how volatile and crazy the market is, and there is news about the Mt. Gox this July and that could really affect the market in short term so we should really wait for the bull run, eventually it had to happen, sooner or later. It went fro $59,000-$63,000, but now we are stuck again at $60,000.
And from what I read about the TA, we have been seeing double bottom, and so with that, $60,000 is the support line for now and hopefully it will stay that way and not be broken again. But if we look at the bigger picture, we should really be at a bullish perspective, and the best thing to do right now is accumulate as much as we can.
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I think the next step for BTC is reaching a new ATH. This might not be the biggest run, as many analysts have predicted that to occur in 2025.
In my opinion, Bitcoin will likely continue to surpass its previous ATH incrementally until then.
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I think the next step for BTC is reaching a new ATH. This might not be the biggest run, as many analysts have predicted that to occur in 2025.
In my opinion, Bitcoin will likely continue to surpass its previous ATH incrementally until then.
The next step for BTC is most likely to continue the current bearish trend. There is a high probability that the price of BTC may fall to the support level in the range of $50-52k. As for the new ATH and BTC for $100k+, I think the analysts are right that it should be expected only next year.
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They said that it's about mt.gox, I don't follow that news though but for every dump that we're experiencing, there's always the reversal that will happen soon. When? I don't know but just be patient and wait for that reversal because it might happen anytime soon. I am seeing that many are disappointed with the price of BTC now. I understand you people if you've bought at the peak and then your port shows that you're negative but that's normal as an investor.
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I think the next step for BTC is reaching a new ATH. This might not be the biggest run, as many analysts have predicted that to occur in 2025.
In my opinion, Bitcoin will likely continue to surpass its previous ATH incrementally until then.
Attaining new ATH during current situations looks like something difficult and i think it will take some months because today the price is 60k$ which is far from previously created ATH.
It is possible that we will see a new ATH in the year of 2025 because in the current year the price is going lower and lower without showing any good increase after halving. Once the price goes on higher than that of 73k$ then there will be a chance that attainment of 100k$ value will not be a difficult task.
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So today we dropped to $56,600, so quite well below the $60k which some considered to be a strong support point.
The volume picked up quite nicely, which usually would be a bullish sign. I'm being optimistic and think we might see a rebound back to the $60k-$65k range soon.
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I think the next step for BTC is reaching a new ATH. This might not be the biggest run, as many analysts have predicted that to occur in 2025.
In my opinion, Bitcoin will likely continue to surpass its previous ATH incrementally until then.
The next step for BTC is most likely to continue the current bearish trend. There is a high probability that the price of BTC may fall to the support level in the range of $50-52k. As for the new ATH and BTC for $100k+, I think the analysts are right that it should be expected only next year.
I think I agree with you because the US and German governments reportedly continue to sell BTC, and we don't know when they will stop doing so.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
Mostly it happens in the 4th quarter mate , and according to google ?
What are the best months to buy bitcoin?
To begin with, if a trader wants to increase the probability of making a profit, they may want to focus their buying on the October/November and April/May periods, which have historically posted the biggest average monthly returns for bitcoin.
https://www.google.com/search?q=bitcoin+uptrend+season&rlz=1C1KNTJ_enPH946PH946&oq=bitcoin+uptrend+season&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigAdIBCTExNjYwajBqN6gCALACAA&sourceid=chrome&ie=UTF-8
which means you need to wait for another couple of months at least then you'll see what is next step for BTC , and also better for you make your step as well , try to purchase as the price now is really cheap .
https://coinmarketcap.com/currencies/bitcoin/
fell from 60kish to 56k? that is truly cheap .
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^ For more context, here's the historical monthly profitability graph, which indeed shows that Q4 tends to be the most "green" period, with October having the highest median growth and November the highest average.
(https://www.talkimg.com/images/2024/07/06/oIHEq.png)
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^ For more context, here's the historical monthly profitability graph, which indeed shows that Q4 tends to be the most "green" period, with October having the highest median growth and November the highest average.
(https://www.talkimg.com/images/2024/07/06/oIHEq.png)
looking at this table, October is evenly green, only in 2014 and 2018 it is red, if I speculate I think in 2024 it will also experience a decline again, but how many percent cannot be confirmed because we haven't finished July until September, but I'm sure the storm will disappears in August and in September it will turn green
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From the last week it was unclear that in which direction market is trying to move but with a negative development with the fear and greed index now its clear that we were heading towards a surprise dump and accumulation zone, Should we call it a mini accumulation zone or something else anyway whatever now fear index is mood, we need to grab the opportunity.
Sadly now i don't have enough funds to get in more and more, still trying to hold and hoping for entry somehow. I was looking for a boring zone strategy for the entire July and August but i think there is need of the reconsideration for a new strategy because market is not behaving boring in any direction its super volatile, i would advise that such dumps are great opportunity if you still believe in Bitcoins new ATH.
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looking at this table, October is evenly green, only in 2014 and 2018 it is red, if I speculate I think in 2024 it will also experience a decline again, but how many percent cannot be confirmed because we haven't finished July until September, but I'm sure the storm will disappears in August and in September it will turn green
To be fair, I wouldn't be putting too much weight on this type of metric. There's no clear correlation or a strong enough pattern to make any buy/sell decisions based solely on the monthly charts.
Look at March for example. If we were to base decisions on this chart in 2019, we would be selling, as we had 5 red Marches in a row, but the pattern reversed by 180 degrees, and in the last 4 years March was green.
The same could easily happen to October/November but the other way around.
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Since Bitcoin touched ATH this year, it has failed several times trying to touch a new ATH. We have seen Bitcoin price above $60K for several months. This year since the halving of Bitcoin, investors have been waiting for the idea that the price will increase, but Bitcoin has not been able to go to that bullish moment. Because of which market fall again to save energy. But this is definitely a good side especially for Bull run in the transition because the deeper the market goes, the stronger Bull run will be able to start. Market conditions look like it may continue this decline for some time. Especially in this month of July it will indicate decline and from next month we will be able to see bullish movement of the market.
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Since Bitcoin touched ATH this year, it has failed several times trying to touch a new ATH. We have seen Bitcoin price above $60K for several months. This year since the halving of Bitcoin, investors have been waiting for the idea that the price will increase, but Bitcoin has not been able to go to that bullish moment. Because of which market fall again to save energy. But this is definitely a good side especially for Bull run in the transition because the deeper the market goes, the stronger Bull run will be able to start. Market conditions look like it may continue this decline for some time. Especially in this month of July it will indicate decline and from next month we will be able to see bullish movement of the market.
Yes we all know that in this year bitcoin price touched new ATH. Bitcoin crossed $70k for first time. I think this hype was for pre halving. Before Bitcoin halving people thought After halving bitcoin price will more increase. So then market wes positive. But we saw after Bitcoin halving Bitcoin's price unaspactedly decreasing.
But i think Bitcoins halving effect will creat slowly. And that will continue for long time. I think now bitcoin correction period running after this correction Bitcoin price will increase. And my prediction within 2025 Bitcoin price will hit minimum $150k.
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Yes we all know that in this year bitcoin price touched new ATH. Bitcoin crossed $70k for first time. I think this hype was for pre halving. Before Bitcoin halving people thought After halving bitcoin price will more increase. So then market wes positive. But we saw after Bitcoin halving Bitcoin's price unaspactedly decreasing.
The trend of last year and the current year will certainly not be the same, after last year when the halving had occurred, the price of Bitcoin increased drastically, but this time the price of bitcoin has dropped quite drastically.
I'm just waiting for Bitcoin to hit an ATH of $100k and before that happens just need to collect more Bitcoin.
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The trend of last year and the current year will certainly not be the same, after last year when the halving had occurred, the price of Bitcoin increased drastically, but this time the price of bitcoin has dropped quite drastically. I'm just waiting for Bitcoin to hit an ATH of $100k and before that happens just need to collect more Bitcoin.
Right now, BTC price is affected heavily on developments of the MtGox case and the decision of Germany to let go of its Bitcoin stash worth billions of dollars. And with MtGox doing the drama on the scene since it has not fully returned what should be returned yet...it seems to me that the market is now on a suspended mode. But believer in Bitcoin know that this is just temporary phase and eventually Bitcoin will be moving towards creating a new, fresh ATH and moving to the BIG goal of beating the $100K mark. The current setback will soon be a history for Bitcoin and MtGox will finally be laid to rest when all claimants will get what they should have. Let's just continue on HODLING and never be affected by the usual FUDS circulating in the market.
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Since Bitcoin touched ATH this year, it has failed several times trying to touch a new ATH. We have seen Bitcoin price above $60K for several months. This year since the halving of Bitcoin, investors have been waiting for the idea that the price will increase, but Bitcoin has not been able to go to that bullish moment. Because of which market fall again to save energy. But this is definitely a good side especially for Bull run in the transition because the deeper the market goes, the stronger Bull run will be able to start. Market conditions look like it may continue this decline for some time. Especially in this month of July it will indicate decline and from next month we will be able to see bullish movement of the market.
It's nothing, we just wait for the money claimants on MT Gox to sell their Bitcoin in a few weeks, after that we are ready to skyrocket again... in this case, smart investors always have a basis for buying at low prices, then selling at high prices .. that's why this moment happened...
In the short and medium term, it is true that it still indicates bearishness, but in the long term, continuing to own Bitcoin is a very promising thing.
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Since Bitcoin touched ATH this year, it has failed several times trying to touch a new ATH. We have seen Bitcoin price above $60K for several months. This year since the halving of Bitcoin, investors have been waiting for the idea that the price will increase, but Bitcoin has not been able to go to that bullish moment. Because of which market fall again to save energy. But this is definitely a good side especially for Bull run in the transition because the deeper the market goes, the stronger Bull run will be able to start. Market conditions look like it may continue this decline for some time. Especially in this month of July it will indicate decline and from next month we will be able to see bullish movement of the market.
It's nothing, we just wait for the money claimants on MT Gox to sell their Bitcoin in a few weeks, after that we are ready to skyrocket again... in this case, smart investors always have a basis for buying at low prices, then selling at high prices .. that's why this moment happened...
In the short and medium term, it is true that it still indicates bearishness, but in the long term, continuing to own Bitcoin is a very promising thing.
So far, if you want to buy Bitcoin, using the DCA method is still quite safe. Instead of having to buy a very large amount of Bitcoin in one tap instantly, it is better to buy Bitcoin using the DCA method. The hope of Bitcoin traders is that the price will increase again, but from experience the price of Bitcoin will only continue to rise when there is good news that allows whales to buy Bitcoin at this expensive price.
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Kaiko: the listing of spot bitcoin-ETFs in the US led to record low trading activity in the crypto market over the weekend. Analysts also confirmed previous data (https://t.me/forklog/37569) about the dependence of the first cryptocurrency on the U.S. stock market hours. This is especially noticeable during the closing hours of the session.
Kaiko also stated that the liquidity of the bitcoin market has improved, which has simplified the work of market makers.
(https://i.ibb.co/4PBL1WV/image.png)
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Looking at history of Btc market, you may agree with me that after the past Bitcoin halving, bitcoin has not performed better but rather, Btc experiences some good price momentum few weeks before the halving.Bitcoin has proven very difficult to predict accurately, and this year Bitcoin Halving did not show any different from the past years Halving.
In addition, as the year progresses, I think we may experience some good move or even hitting another ATH before the end of 2024.
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Andrew Kang of Mechanism Capital does not rule out a deeper bitcoin correction, citing the dynamics of 2021, when a quick correction was followed by an equally quick rise to a new high. He noted the $40,000 level as a benchmark and emphasized that the bull market of this cycle has yet to see "extreme collapses."
Capriole fund head Charles Edwards illustrated why the market is not rising:
Saylor, Michael Dell, ETFs. It's all noise. If you look at data from the most important categories of bitcoin investors, you'll see net flows equivalent to $24 billion thrown into the market in 2024.
(https://i.ibb.co/XSDfrZc/image.png)
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The trend of last year and the current year will certainly not be the same, after last year when the halving had occurred, the price of Bitcoin increased drastically, but this time the price of bitcoin has dropped quite drastically.
I'm just waiting for Bitcoin to hit an ATH of $100k and before that happens just need to collect more Bitcoin.
TBH that's a matter of time there's nothing wrong, and we should not compare the current cycle with the previous one, because halving happens in every cycle but you should remember the institutional capital flow due to the ETF never happened before, and if they made some investment profit booking is their right.
TBH in the long term, this correction was needed one, I'm happy that some of the people who were late got a good entry point from the recent dump. TBH all we need is just a little patience.
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TBH in the long term, this correction was needed one, I'm happy that some of the people who were late got a good entry point from the recent dump. TBH all we need is just a little patience.
Only people who understand the network very well will think of a correction in this way, it is always an opportunity to buy, but some others see it as a time to complain, panic and even sell at a loss. If BTC price drops, i always try to buy more, because the dump is surely temporary, and once the event causing the dump ceases, it will pump again, so there is never any need to panic.
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Experiencing downstream has not been a cause of the halving as I sense your expectations was an immediate surge of Bitcoin increase to the bull-run.
However, the course that determines the streams of Bitcoin is investors markets influences such as demands and supplies. Speculations also do have a stem to drive Bitcoin the market.
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Experiencing downstream has not been a cause of the halving as I sense your expectations was an immediate surge of Bitcoin increase to the bull-run.
However, the course that determines the streams of Bitcoin is investors markets influences such as demands and supplies. Speculations also do have a stem to drive Bitcoin the market.
Yes you are right but sometimes we need to also consider the two seasons that occurs independently, like we have the bull and bear season sometimes it's a natural thing stigma that has been deposited in people's hearts that it must always occurs as its without falling. By this whom ever that already hard this in their minds will always knows that market is not always bullish at all times.
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So far, if you want to buy Bitcoin, using the DCA method is still quite safe. Instead of having to buy a very large amount of Bitcoin in one tap instantly, it is better to buy Bitcoin using the DCA method. The hope of Bitcoin traders is that the price will increase again, but from experience the price of Bitcoin will only continue to rise when there is good news that allows whales to buy Bitcoin at this expensive price.
Sometimes buying a large amount of Bitcoin is good because in as much as we have DCA strategy we also have Lump Sum method, this method is actually very good for people who have money because it has to do with buying at dip and it could be utilized even when you are currently doing your DCA accumulation, so how it works is that you will set a particular amount and when the Bitcoin price dip you invest all the money while your normal DCA is still active.
The reason why Lump sum method is not commonly used by investors is because it has to do with investing huge money at once and most people are not rich enough to invest that way but whichever DCA strategy remains one of the best strategy because of the method use while accumulating Bitcoin, however that's the method also use on weekly basis.
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Sometimes buying a large amount of Bitcoin is good because in as much as we have DCA strategy we also have Lump Sum method, this method is actually very good for people who have money because it has to do with buying at dip and it could be utilized even when you are currently doing your DCA accumulation, so how it works is that you will set a particular amount and when the Bitcoin price dip you invest all the money while your normal DCA is still active.
The reason why Lump sum method is not commonly used by investors is because it has to do with investing huge money at once and most people are not rich enough to invest that way but whichever DCA strategy remains one of the best strategy because of the method use while accumulating Bitcoin, however that's the method also use on weekly basis.
I had a brief discussion about this topic on BitcoinTalk a long time ago. There I have created a thread with the title of "Lump sum Vs DCA" for Bitcoin Accumulation" I came to know different things from different points of view. Now, I don't know if I am allowed to share any link here of BitcoinTalk or not That is why I mentioned the thread title and you can find it on BTT if you want to.
You replied well and explained it as much as you can but if I make a long story short then it will go like this, lump sum strategy is best for one who has a lot of money and who doesn't need to track market price time after time while on the other hand, DCA suites well to those persons who have limited amount and want to accumulate their bitcoin in dumps and pumps so that they can have good average at the end of the day. Many Thanks! :)
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It's nothing, we just wait for the money claimants on MT Gox to sell their Bitcoin in a few weeks, after that we are ready to skyrocket again... in this case, smart investors always have a basis for buying at low prices, then selling at high prices .. that's why this moment happened...
In the short and medium term, it is true that it still indicates bearishness, but in the long term, continuing to own Bitcoin is a very promising thing.
I also think that the sideways movement and price drop of BTC in the past few months are normal and necessary for the growth in the coming months. Mt.Gox or the German government are just the reasons exploited by whales to manipulate investor psychology, making it easier to dump prices and accumulate more tokens at low prices.
For me, BTC and the crypto market are still moving in a positive direction and a bullrun will definitely come. I have no worries about the future of the crypto market in Q1 2025: no matter what happens in the last 6 months of 2024, we will still see ATH, see BTC break through $100K and approach the $150K-170K price zone.
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Peter Brandt allowed bitcoin to fall to $44,000. Peter Brandt, Texas analyst and head of Factor LLC, saw a bearish "double top" pattern on the bitcoin chart and in case of its realization assumed the asset's drawdown to $44,000.
The expert wondered whether bitcoin has completed the "double top" figure on the daily chart. According to his calculations, the upper level of the model is $72,000, the lower level is $43,970.
P.S. Will we go down anytime soon? What do you think about it? What are your thoughts?
Source link: https://x.com/PeterLBrandt/status/1809961868603048271
(https://i.ibb.co/8rnqMQR/image.png)
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Peter Brandt allowed bitcoin...//:::
The thing with these "Gurus" is that they are to the extent a route to look at, not necessarily where to go, but something interesting about that 'beak' that he calls the upper level, is what I always mention, we are at an interesting point with bitcoin, which is very successful from the point of view of its existence.
We always want to see bitcoin grow, but what if that 70k top becomes the new 10k, it is a very simple analysis, on the historical, sometimes the best reference, the 10k! we forget but in my case it is one of the bands that was most difficult to overcome... so, yes, there is a basis for that idea presented by the guru you mention.
But always, they will be speculations, and as I mentioned the route to follow is your decision, always.
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It's nothing, we just wait for the money claimants on MT Gox to sell their Bitcoin in a few weeks, after that we are ready to skyrocket again... in this case, smart investors always have a basis for buying at low prices, then selling at high prices .. that's why this moment happened...
In the short and medium term, it is true that it still indicates bearishness, but in the long term, continuing to own Bitcoin is a very promising thing.
I also think that the sideways movement and price drop of BTC in the past few months are normal and necessary for the growth in the coming months. Mt.Gox or the German government are just the reasons exploited by whales to manipulate investor psychology, making it easier to dump prices and accumulate more tokens at low prices.
For me, BTC and the crypto market are still moving in a positive direction and a bullrun will definitely come. I have no worries about the future of the crypto market in Q1 2025: no matter what happens in the last 6 months of 2024, we will still see ATH, see BTC break through $100K and approach the $150K-170K price zone.
Yes, it seems that MT Gox and the government dumped bitcoin, and whales also used it to buy more bitcoin before the bullish season, so we don't need to worry about the current market conditions because it seems that bitcoin is still in a good trend ahead of the bullish season. I also still have confidence that the price of bitcoin will reach $100K, although I am not targeting $150K
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Peter Brandt allowed bitcoin...//:::
The thing with these "Gurus" is that they are to the extent a route to look at, not necessarily where to go, but something interesting about that 'beak' that he calls the upper level, is what I always mention, we are at an interesting point with bitcoin, which is very successful from the point of view of its existence.
We always want to see bitcoin grow, but what if that 70k top becomes the new 10k, it is a very simple analysis, on the historical, sometimes the best reference, the 10k! we forget but in my case it is one of the bands that was most difficult to overcome... so, yes, there is a basis for that idea presented by the guru you mention.
But always, they will be speculations, and as I mentioned the route to follow is your decision, always.
we Know that bitcoin price is a little down now. But sometimes it will be happened in cryptocurrency market. But i don’t worried for this situation. Because we know that some days ago bitcoin price is up to $60k. But now it also down and it’s price $56k. So i think it also best opportunity for hold bitcoin in this situation. But we told that without bitcoin, many other coin price will be down now. So i believe that it’s the proper time for holding cryptocurrency. Because i believe that within a short time bitcoin will come back.
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we Know that bitcoin price is a little down now. But sometimes it will be happened in cryptocurrency market. But i don’t worried for this situation. Because we know that some days ago bitcoin price is up to $60k. But now it also down and it’s price $56k. So i think it also best opportunity for hold bitcoin in this situation.
In the last 7 days, Bitcoin price has dropped by more than -6%, I think that's quite a significant amount. However, fortunately, it's still above $55k. And the lowest price occurred on September 4th. Because it's a new moon, right?
As happened on August 5th, Bitcoin price really dropped badly, which also affected altcoins, plummeting. However, hopefully it will crawl even higher in the second week of September. Hopefully so. Yes, there is no other way except holding more the Bitcoin, don't panic with this current situation and be patient.
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Bitcoin may be try to retest to previos law as per my view and then pump to 63k +70+85+...
Note : Tomorrow unemployment rate will give big move market any side before that btc may try to test below 54k or 53k.
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- If I look at the graph chart of Bitcoin's price, it looks like it will still have a retracement that will happen according to the average true range indicator. And if I look at it in the 1-week timeframe, the direction of Bitcoin's price value is still down trending when there is no change in the market.
This is just my assessment, but if suddenly there is good news, the trend may suddenly change to an uptrend, but for now it seems that the only bearish momentum I can see. So, tonight it might get dump more a little.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
The market is currently slapping us, even though this is an old post, and for sure I've commented on that before but according to the need as market is crashing and many people are in panic, many weak hands are already out but now even the experienced traders and investors are worried about the Bull cycle because its already 2nd week for September going to start after a few days and still we in pressure. It's a little bit confusing anyway I'm optimistic that the market is gonna turn back to the right direction anytime soon grab whatever you can.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
The market is currently slapping us, even though this is an old post, and for sure I've commented on that before but according to the need as market is crashing and many people are in panic, many weak hands are already out but now even the experienced traders and investors are worried about the Bull cycle because its already 2nd week for September going to start after a few days and still we in pressure. It's a little bit confusing anyway I'm optimistic that the market is gonna turn back to the right direction anytime soon grab whatever you can.
take what you can get in a market like this, I agree with what you wrote because that's what I did, bought some potential coins and added to my wallet in preparation for next year's bullish season. The market seems to be struggling, but there are many factors that cause this, I still believe that November will be a beautiful month for the crypto market
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
The market is currently slapping us, even though this is an old post, and for sure I've commented on that before but according to the need as market is crashing and many people are in panic, many weak hands are already out but now even the experienced traders and investors are worried about the Bull cycle because its already 2nd week for September going to start after a few days and still we in pressure. It's a little bit confusing anyway I'm optimistic that the market is gonna turn back to the right direction anytime soon grab whatever you can.
take what you can get in a market like this, I agree with what you wrote because that's what I did, bought some potential coins and added to my wallet in preparation for next year's bullish season. The market seems to be struggling, but there are many factors that cause this, I still believe that November will be a beautiful month for the crypto market
Why do you choose November though? for me it's because that the US will elect a new President and so it could be very bullish for us specially if the winner is going to be pro crypto as he promise.
But for now, let it sit for us, the market is really struggling and we can't do anything about it. But instead, why not take advantage of, prices are cheap, others treat it a discount and so we should as well. Thing is that some of us might not have the money right now and so we can't buy as much as we want. But there is DCA that can help us average joe holders and so we should accumulate.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
The market is currently slapping us, even though this is an old post, and for sure I've commented on that before but according to the need as market is crashing and many people are in panic, many weak hands are already out but now even the experienced traders and investors are worried about the Bull cycle because its already 2nd week for September going to start after a few days and still we in pressure. It's a little bit confusing anyway I'm optimistic that the market is gonna turn back to the right direction anytime soon grab whatever you can.
take what you can get in a market like this, I agree with what you wrote because that's what I did, bought some potential coins and added to my wallet in preparation for next year's bullish season. The market seems to be struggling, but there are many factors that cause this, I still believe that November will be a beautiful month for the crypto market
Why do you choose November though? for me it's because that the US will elect a new President and so it could be very bullish for us specially if the winner is going to be pro crypto as he promise.
But for now, let it sit for us, the market is really struggling and we can't do anything about it. But instead, why not take advantage of, prices are cheap, others treat it a discount and so we should as well. Thing is that some of us might not have the money right now and so we can't buy as much as we want. But there is DCA that can help us average joe holders and so we should accumulate.
In market conditions like this, I agree with you that it is better to take advantage of the market struggling to rise again, we buy coins that we think are good and will bring profit with the DCA method. We are waiting for the results of the US presidential election in November to see what changes will occur in the crypto market.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
The market is currently slapping us, even though this is an old post, and for sure I've commented on that before but according to the need as market is crashing and many people are in panic, many weak hands are already out but now even the experienced traders and investors are worried about the Bull cycle because its already 2nd week for September going to start after a few days and still we in pressure. It's a little bit confusing anyway I'm optimistic that the market is gonna turn back to the right direction anytime soon grab whatever you can.
The market on the reversal mode has been going on for a while. No one can tell when it’ll stop and start moving on the right direction that it’s expected after the halving occurred. Many people will be waiting to buy when the price will be at his lowest (when it dips to the bare minimum before the bull begins), it’ll be very hard to predict thiugh. So it’s better to start DCA when you can to be able to grab as many as you can, when the bull hits the market with the many corrections it has been experiencing, I don’t think it’s going to wait for anyone at that time.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
Expectations of Bitcoiners started building up before the latest halving that happened in the first quarter of the year but Bitcoin experts and big investors had already predicted that it'll take 12-18 months before the impact of halving will influence the Bitcoin price and that I think is what's currently happening. It's still less than 6 months since the latest halving occurred which means that we probably still have up to another 6 months before the impact will fully affect the market.
Going by the prediction of experts, we might experience more downtrend in price from the current price but since we are in the forum to learn and possess all the necessary information, it's advisable that we stay calm at this moment of downtrend while we await for when the halving impact will hit the market for a reversal to uptrend.
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In market conditions like this, I agree with you that it is better to take advantage of the market struggling to rise again, we buy coins that we think are good and will bring profit with the DCA method. We are waiting for the results of the US presidential election in November to see what changes will occur in the crypto market.
DCA method has been quite helpful for me as well in recent market conditions, the market has allowed me to accumulate some of the coins at cheap values and with DCA and averaging I got better positions at are still in green pnl.
I believe the US presidential election in November will have good impact on the crypto market only if Donald Trump wins the Election. However, if Kamala Harris somehow wins the elections then I"m pretty sure that can bring negative impact on the market.
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In market conditions like this, I agree with you that it is better to take advantage of the market struggling to rise again, we buy coins that we think are good and will bring profit with the DCA method. We are waiting for the results of the US presidential election in November to see what changes will occur in the crypto market.
DCA method has been quite helpful for me as well in recent market conditions, the market has allowed me to accumulate some of the coins at cheap values and with DCA and averaging I got better positions at are still in green pnl.
I believe the US presidential election in November will have good impact on the crypto market only if Donald Trump wins the Election. However, if Kamala Harris somehow wins the elections then I"m pretty sure that can bring negative impact on the market.
Discussing the US election we leave it to the US citizens because they are the ones who vote and we don't know what will happen and what is good for their country, but if Trump wins as crypto lovers we will see good market movements because so far Trump supports crypto, but if otherwise be prepared to hear bad news and the market will dive sharply. As a small investor like me, I will definitely feel the negative impact if Kamal is elected and has a negative impact on crypto, so be prepared for all possibilities.
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Discussing the US election we leave it to the US citizens because they are the ones who vote and we don't know what will happen and what is good for their country, but if Trump wins as crypto lovers we will see good market movements because so far Trump supports crypto, but if otherwise be prepared to hear bad news and the market will dive sharply. As a small investor like me, I will definitely feel the negative impact if Kamal is elected and has a negative impact on crypto, so be prepared for all possibilities.
Well, the US election does cause a lot of volatility, and this is very much applicable to the recent performance of the crypto market. It can also get support from some of the candidates in view of the positive effect that some of them such as Trump will bring on the Crypto. However, the final results can be different and that is why it is more effective to be as adaptable as possible. When investing on a small scale, one has to ensure that one does not overemphasize on a particular prediction so much that it causes him or her to have big losses when the market shifts to another direction.
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Discussing the US election we leave it to the US citizens because they are the ones who vote and we don't know what will happen and what is good for their country, but if Trump wins as crypto lovers we will see good market movements because so far Trump supports crypto, but if otherwise be prepared to hear bad news and the market will dive sharply. As a small investor like me, I will definitely feel the negative impact if Kamal is elected and has a negative impact on crypto, so be prepared for all possibilities.
Well, the US election does cause a lot of volatility, and this is very much applicable to the recent performance of the crypto market. It can also get support from some of the candidates in view of the positive effect that some of them such as Trump will bring on the Crypto. However, the final results can be different and that is why it is more effective to be as adaptable as possible. When investing on a small scale, one has to ensure that one does not overemphasize on a particular prediction so much that it causes him or her to have big losses when the market shifts to another direction.
The crypto market seems to be waiting for the US presidential election, maybe many big investors still have doubts about buying more bitcoin because the US presidential election results are not clear, because if Trump wins, he will likely support crypto and this will have a positive impact on bitcoin and altcoins, but it could also be that if Kamala Harris makes comments supporting crypto, the battle between the two candidates will be more exciting.
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Discussing the US election we leave it to the US citizens because they are the ones who vote and we don't know what will happen and what is good for their country, but if Trump wins as crypto lovers we will see good market movements because so far Trump supports crypto, but if otherwise be prepared to hear bad news and the market will dive sharply. As a small investor like me, I will definitely feel the negative impact if Kamal is elected and has a negative impact on crypto, so be prepared for all possibilities.
I am not putting much hope or having fears about who becomes the president of the USA by November. Whoever becomes the president will either affect the crypto market positively or negatively for the time being; before a while, the market will return to its normalcy as it is supposed to.
In 2021, when Donald Trump was the president of the US, all his negative words about Bitcoin didn't stop Bitcoin from soaring to a new ATH. I believe the same thing will repeat itself this time around, whether Trump or Harris wins the US election
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The crypto market seems to be waiting for the US presidential election, maybe many big investors still have doubts about buying more bitcoin because the US presidential election results are not clear, because if Trump wins, he will likely support crypto and this will have a positive impact on bitcoin and altcoins, but it could also be that if Kamala Harris makes comments supporting crypto, the battle between the two candidates will be more exciting.
Correction - only traders are waiting on the US presidential election. Normal people have nothing to gain by debating Trump and Harris' crypto policies, unless they happen to be betting on the election. These traders will want to make short or long positions based on who they think is going to win in November, and why do they do that? Because they want to earn money.
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The crypto market seems to be waiting for the US presidential election, maybe many big investors still have doubts about buying more bitcoin because the US presidential election results are not clear, because if Trump wins, he will likely support crypto and this will have a positive impact on bitcoin and altcoins, but it could also be that if Kamala Harris makes comments supporting crypto, the battle between the two candidates will be more exciting.
Correction - only traders are waiting on the US presidential election. Normal people have nothing to gain by debating Trump and Harris' crypto policies, unless they happen to be betting on the election. These traders will want to make short or long positions based on who they think is going to win in November, and why do they do that? Because they want to earn money.
Majority of crypto enthusiast is outside of the US so we don't have control or cannot influence the result as we will not be voting. Speculators like us are just going to wait for the outcome or we really don't care anymore.
Of course, we want to be updated from all the news around the world, that's what internet and other social media apps did to us in the last 5 years. But still we want to see the results of the debate and who won and then want it's effect on the price. So far though, the price seems to be picking up to $58k so far after the debate.
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The crypto market seems to be waiting for the US presidential election, maybe many big investors still have doubts about buying more bitcoin because the US presidential election results are not clear, because if Trump wins, he will likely support crypto and this will have a positive impact on bitcoin and altcoins, but it could also be that if Kamala Harris makes comments supporting crypto, the battle between the two candidates will be more exciting.
Correction - only traders are waiting on the US presidential election. Normal people have nothing to gain by debating Trump and Harris' crypto policies, unless they happen to be betting on the election. These traders will want to make short or long positions based on who they think is going to win in November, and why do they do that? Because they want to earn money.
Majority of crypto enthusiast is outside of the US so we don't have control or cannot influence the result as we will not be voting. Speculators like us are just going to wait for the outcome or we really don't care anymore.
Of course, we want to be updated from all the news around the world, that's what internet and other social media apps did to us in the last 5 years. But still we want to see the results of the debate and who won and then want it's effect on the price. So far though, the price seems to be picking up to $58k so far after the debate.
Many crypto investors are waiting for the results of the US presidential election, including me because I also want the price of bitcoin to rise high next year. Although the US presidential election is still unpredictable, the results will also affect the movement of bitcoin.
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Many crypto investors are waiting for the results of the US presidential election, including me because I also want the price of bitcoin to rise high next year. Although the US presidential election is still unpredictable, the results will also affect the movement of bitcoin.
Why many investors wait for the US presidential election result? Recently, I hear that both the candidates support the crypto industry. So, whoever to be selected, they will support crypto industry. As crypto investors or Bitcoin holders, we don't need to feel worried anymore because Harris also looks supporting crypto industry. I don't know if Trump and Harris will keep their promise but it looks convincing for the crypto future at least. Anyway, Harris looks to have a higher chance winning the president election if we look at the current survey. But it doesn't guarantee anything for sure.
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The crypto market seems to be waiting for the US presidential election, maybe many big investors still have doubts about buying more bitcoin because the US presidential election results are not clear, because if Trump wins, he will likely support crypto and this will have a positive impact on bitcoin and altcoins, but it could also be that if Kamala Harris makes comments supporting crypto, the battle between the two candidates will be more exciting.
Correction - only traders are waiting on the US presidential election. Normal people have nothing to gain by debating Trump and Harris' crypto policies, unless they happen to be betting on the election. These traders will want to make short or long positions based on who they think is going to win in November, and why do they do that? Because they want to earn money.
Do you mean that if Trump wins, then cryptocurrency prices will skyrocket, and if Harris, then nothing will happen, and maybe even a fall? After all, I have not seen articles where he would talk as much about cryptocurrencies as Trump. Nevertheless, it is definitely possible to say that the victory of one of them will definitely affect the crypto market and the price of Bitcoin.
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Discussing the US election we leave it to the US citizens because they are the ones who vote and we don't know what will happen and what is good for their country, but if Trump wins as crypto lovers we will see good market movements because so far Trump supports crypto, but if otherwise be prepared to hear bad news and the market will dive sharply. As a small investor like me, I will definitely feel the negative impact if Kamal is elected and has a negative impact on crypto, so be prepared for all possibilities.
Well, the US election does cause a lot of volatility, and this is very much applicable to the recent performance of the crypto market. It can also get support from some of the candidates in view of the positive effect that some of them such as Trump will bring on the Crypto. However, the final results can be different and that is why it is more effective to be as adaptable as possible. When investing on a small scale, one has to ensure that one does not overemphasize on a particular prediction so much that it causes him or her to have big losses when the market shifts to another direction.
The crypto market seems to be waiting for the US presidential election, maybe many big investors still have doubts about buying more bitcoin because the US presidential election results are not clear, because if Trump wins, he will likely support crypto and this will have a positive impact on bitcoin and altcoins, but it could also be that if Kamala Harris makes comments supporting crypto, the battle between the two candidates will be more exciting.
Yes if trump is elected president it can be positive for crypto investors but if kamala is president it won't have that much negative impact because you can't call the current market trend very bad trend. I don't think the US presidential election will have much impact on Bitcoin's price rise. Critics may launch various negative campaigns to bring down the value of Bitcoin but you should understand the true value of Bitcoin and continue holding accordingly.
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Discussing the US election we leave it to the US citizens because they are the ones who vote and we don't know what will happen and what is good for their country, but if Trump wins as crypto lovers we will see good market movements because so far Trump supports crypto, but if otherwise be prepared to hear bad news and the market will dive sharply. As a small investor like me, I will definitely feel the negative impact if Kamal is elected and has a negative impact on crypto, so be prepared for all possibilities.
Well, the US election does cause a lot of volatility, and this is very much applicable to the recent performance of the crypto market. It can also get support from some of the candidates in view of the positive effect that some of them such as Trump will bring on the Crypto. However, the final results can be different and that is why it is more effective to be as adaptable as possible. When investing on a small scale, one has to ensure that one does not overemphasize on a particular prediction so much that it causes him or her to have big losses when the market shifts to another direction.
The crypto market seems to be waiting for the US presidential election, maybe many big investors still have doubts about buying more bitcoin because the US presidential election results are not clear, because if Trump wins, he will likely support crypto and this will have a positive impact on bitcoin and altcoins, but it could also be that if Kamala Harris makes comments supporting crypto, the battle between the two candidates will be more exciting.
Yes if trump is elected president it can be positive for crypto investors but if kamala is president it won't have that much negative impact because you can't call the current market trend very bad trend. I don't think the US presidential election will have much impact on Bitcoin's price rise. Critics may launch various negative campaigns to bring down the value of Bitcoin but you should understand the true value of Bitcoin and continue holding accordingly.
Maybe we as crypto lovers should understand all the issues that will come in the crypto world, including the US presidential election because this is also a media commodity to raise or lower crypto prices. Kamala Harris looks stronger but the determinant is during the November presidential election. If Trump wins it will be good news for crypto lovers.
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In my opinion, when the market price of bitcoin goes down, this will be an opportunity for new investors to buy bitcoin and sell it at a later date. Of course, taking into account the profits gained and the risks that can be taken
we learned from last year when the price of bitcoin went down it will soar in the future.
a mistake for novice investors is when they have coins but don't do the analysis, so they sell them at a price that is not too high. because they are afraid that prices will continue to decline, and they will regret it in the future if the price has soared high
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In my opinion, when the market price of bitcoin goes down, this will be an opportunity for new investors to buy bitcoin and sell it at a later date. Of course, taking into account the profits gained and the risks that can be taken
we learned from last year when the price of bitcoin went down it will soar in the future.
a mistake for novice investors is when they have coins but don't do the analysis, so they sell them at a price that is not too high. because they are afraid that prices will continue to decline, and they will regret it in the future if the price has soared high
It is natural for newbies not to do analysis because of lack of knowledge and experience, but over time when they have knowledge and experience, they will make analysis and can sell their coins at the top of the market price, although it is not easy because I myself sometimes make wrong predictions even though I have been in crypto for 8 years.
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In my opinion, when the market price of bitcoin goes down, this will be an opportunity for new investors to buy bitcoin and sell it at a later date. Of course, taking into account the profits gained and the risks that can be taken
we learned from last year when the price of bitcoin went down it will soar in the future.
a mistake for novice investors is when they have coins but don't do the analysis, so they sell them at a price that is not too high. because they are afraid that prices will continue to decline, and they will regret it in the future if the price has soared high
It is natural for newbies not to do analysis because of lack of knowledge and experience, but over time when they have knowledge and experience, they will make analysis and can sell their coins at the top of the market price, although it is not easy because I myself sometimes make wrong predictions even though I have been in crypto for 8 years.
Newbies need a long time to gain experience and knowledge about crypto especially if they want to learn trading, this requires a long journey and must do training as many people say, they must practice by making analysis, predictions until they become a professional trader. This is a method that many people use, and I am also still learning trading because I am not a trading expert.
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In my opinion, when the market price of bitcoin goes down, this will be an opportunity for new investors to buy bitcoin and sell it at a later date. Of course, taking into account the profits gained and the risks that can be taken
we learned from last year when the price of bitcoin went down it will soar in the future.
a mistake for novice investors is when they have coins but don't do the analysis, so they sell them at a price that is not too high. because they are afraid that prices will continue to decline, and they will regret it in the future if the price has soared high
It is natural for newbies not to do analysis because of lack of knowledge and experience, but over time when they have knowledge and experience, they will make analysis and can sell their coins at the top of the market price, although it is not easy because I myself sometimes make wrong predictions even though I have been in crypto for 8 years.
That is right, Over time with increasing knowledge and experience they are in a position to mitigate the risk and identify that as an opportunity to capture a better price for the sales. However, the crypto market is very volatile and therefore there are no sure bets even for the most experienced individuals. However, to sustain its market share and generate revenue, it is crucial to keep on learning new ways and shifts in the market. It is important though to acknowledge that while experience does indeed teach a lot, even the most experienced of people can still make mistakes. The secret is to remain tranquil and turn each misstep into a learning experience on how to run your business better in the future.
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In my opinion, when the market price of bitcoin goes down, this will be an opportunity for new investors to buy bitcoin and sell it at a later date. Of course, taking into account the profits gained and the risks that can be taken
we learned from last year when the price of bitcoin went down it will soar in the future.
a mistake for novice investors is when they have coins but don't do the analysis, so they sell them at a price that is not too high. because they are afraid that prices will continue to decline, and they will regret it in the future if the price has soared high
It is natural for newbies not to do analysis because of lack of knowledge and experience, but over time when they have knowledge and experience, they will make analysis and can sell their coins at the top of the market price, although it is not easy because I myself sometimes make wrong predictions even though I have been in crypto for 8 years.
That is right, Over time with increasing knowledge and experience they are in a position to mitigate the risk and identify that as an opportunity to capture a better price for the sales. However, the crypto market is very volatile and therefore there are no sure bets even for the most experienced individuals. However, to sustain its market share and generate revenue, it is crucial to keep on learning new ways and shifts in the market. It is important though to acknowledge that while experience does indeed teach a lot, even the most experienced of people can still make mistakes. The secret is to remain tranquil and turn each misstep into a learning experience on how to run your business better in the future.
Experience at least helps us not to panic when facing a volatile crypto market, because if we don't have experience it will cause panic, this is usually what newbies feel. Because with experience and knowledge we understand that this is the character of a very volatile market and makes us stay calm waiting until the market improves again.
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In my opinion, this is a normal thing for crypto coins to experience a decline or increase in price. Look at the last few years where within a year the BTC market price sometimes drops drastically but will rise after the halving. and this incident has been going on for years. So don't take the things that happened this month as a benchmark that Bitcoin will continue to fall
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In my opinion, this is a normal thing for crypto coins to experience a decline or increase in price. Look at the last few years where within a year the BTC market price sometimes drops drastically but will rise after the halving. and this incident has been going on for years. So don't take the things that happened this month as a benchmark that Bitcoin will continue to fall
When you study the crypto market recently, there has been some kind of accumulations going on between some whales and that seems like more interest in buying and less interest in selling but the bears might be looking forward to see Bitcoin go down so they can make more money of their Bitcoin short position.
We still don't know what October and November hold for Bitcoin but there is a certainty that if Trum the aclaim Bitcoin supporter win the US election, then Bitcoin is going to probably go above $100k or closer and the next move depends on how he plan to make Bitcoin his plans in his government.
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In my opinion, when the market price of bitcoin goes down, this will be an opportunity for new investors to buy bitcoin and sell it at a later date. Of course, taking into account the profits gained and the risks that can be taken
we learned from last year when the price of bitcoin went down it will soar in the future.
a mistake for novice investors is when they have coins but don't do the analysis, so they sell them at a price that is not too high. because they are afraid that prices will continue to decline, and they will regret it in the future if the price has soared high
It is natural for newbies not to do analysis because of lack of knowledge and experience, but over time when they have knowledge and experience, they will make analysis and can sell their coins at the top of the market price, although it is not easy because I myself sometimes make wrong predictions even though I have been in crypto for 8 years.
Newbies need a long time to gain experience and knowledge about crypto especially if they want to learn trading, this requires a long journey and must do training as many people say, they must practice by making analysis, predictions until they become a professional trader. This is a method that many people use, and I am also still learning trading because I am not a trading expert.
I agree with you, for me a person who wants to trade, has to prepare himself, and it is better to do so because if they do it for the sake of it or if they take it as gambling, then they will lose a lot of money, it is better to study, or take a course, something that has the basic fundamentals to apply, otherwise it could be said that it is very risky, a person who wants to enter the market should also know himself, a novice who is going to start is preferable to take 3 months or more reading books, taking courses, because in the end what you can lose is money and nobody likes to lose money.
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I agree with you, for me a person who wants to trade, has to prepare himself, and it is better to do so because if they do it for the sake of it or if they take it as gambling, then they will lose a lot of money, it is better to study, or take a course, something that has the basic fundamentals to apply, otherwise it could be said that it is very risky, a person who wants to enter the market should also know himself, a novice who is going to start is preferable to take 3 months or more reading books, taking courses, because in the end what you can lose is money and nobody likes to lose money.
I completely agree. To trade successfully we must prepare well. Treating trading like gambling will lead to big losses. To trade well we should learn about market analysis and risk. We should know ourself our emotions and decision making. We should be patient and take time to learn.
And if anyone is new in trading so I think he should spend 3+ months in learning (books, courses). He should havr knowledge of market basics. He should practice with fake or small investments.
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I agree with you, for me a person who wants to trade, has to prepare himself, and it is better to do so because if they do it for the sake of it or if they take it as gambling, then they will lose a lot of money, it is better to study, or take a course, something that has the basic fundamentals to apply, otherwise it could be said that it is very risky, a person who wants to enter the market should also know himself, a novice who is going to start is preferable to take 3 months or more reading books, taking courses, because in the end what you can lose is money and nobody likes to lose money.
what you suggest is true because before trading we must prepare ourselves, learn to analyze, read books and references to become a good trader. We cannot trade for fun because we will suffer losses, this is what causes many people to fail in trading because their experience and knowledge about trading are still lacking.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.
Bitcoin has experienced a price increase, the current price of bitcoin is $ 63,475. I see many altcoins that have started to climb in price, hopefully the price of bitcoin will soon touch $ 70K and I am also ready for the worst case scenario if there is another correction I will buy some potential coins because I have prepared USD in my wallet to buy coins that are likely to have good movements in the future. I want to add solana, BNB and TON to my wallet, I just have to wait for the next correction.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.
Bitcoin has experienced a price increase, the current price of bitcoin is $ 63,475. I see many altcoins that have started to climb in price, hopefully the price of bitcoin will soon touch $ 70K and I am also ready for the worst case scenario if there is another correction I will buy some potential coins because I have prepared USD in my wallet to buy coins that are likely to have good movements in the future. I want to add solana, BNB and TON to my wallet, I just have to wait for the next correction.
Bitcoin price is back down to $62K, dude. So the USD you prepared can be used to buy potential coins when the market drops below $60K, this is not a bad prayer but it seems like the crypto market is still having trouble going up maybe there is no better news, because yesterday we heard Trump made a transaction with bitcoin making the price of bitcoin go up, but now it seems like bitcoin is back down.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.
Bitcoin has experienced a price increase, the current price of bitcoin is $ 63,475. I see many altcoins that have started to climb in price, hopefully the price of bitcoin will soon touch $ 70K and I am also ready for the worst case scenario if there is another correction I will buy some potential coins because I have prepared USD in my wallet to buy coins that are likely to have good movements in the future. I want to add solana, BNB and TON to my wallet, I just have to wait for the next correction.
Bitcoin price is back down to $62K, dude. So the USD you prepared can be used to buy potential coins when the market drops below $60K, this is not a bad prayer but it seems like the crypto market is still having trouble going up maybe there is no better news, because yesterday we heard Trump made a transaction with bitcoin making the price of bitcoin go up, but now it seems like bitcoin is back down.
Lols.. you won't call this little drop in the price of Bitcoin a correction. You don't expect Legend45 to use his saved USD to buy the potential coins he has in mind, while the crypto haven't suffered another correction, hitting Bitcoin at a low price of $54k. By the way the mentioned coins legend45 mentioned of are still at a high price, not fallen dip in price.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.
Bitcoin has experienced a price increase, the current price of bitcoin is $ 63,475. I see many altcoins that have started to climb in price, hopefully the price of bitcoin will soon touch $ 70K and I am also ready for the worst case scenario if there is another correction I will buy some potential coins because I have prepared USD in my wallet to buy coins that are likely to have good movements in the future. I want to add solana, BNB and TON to my wallet, I just have to wait for the next correction.
Bitcoin price is back down to $62K, dude. So the USD you prepared can be used to buy potential coins when the market drops below $60K, this is not a bad prayer but it seems like the crypto market is still having trouble going up maybe there is no better news, because yesterday we heard Trump made a transaction with bitcoin making the price of bitcoin go up, but now it seems like bitcoin is back down.
Yeah, it went as high as $63k, but I do not think that it was due to Trump's first bitcoin transaction, it could have been because of the Fed rate cut of 0.5 that's why suddenly the price goes up to the levels of above $60k so it's already a bullish momentum.
Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.
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Yeah, it went as high as $63k, but I do not think that it was due to Trump's first bitcoin transaction, it could have been because of the Fed rate cut of 0.5 that's why suddenly the price goes up to the levels of above $60k so it's already a bullish momentum.
Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.
I can't predict the details like you because I have a plan to sell my bitcoin next year during the bullish season. If I were a trader, I would focus on the short-term movement of bitcoin, unfortunately I don't have the expertise as a trader. But my prediction is that before this year ends, bitcoin price will touch ATH $80K.
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To trade successfully we must prepare well. Treating trading like gambling will lead to big losses. To trade well we should learn about market analysis and risk. We should know ourself our emotions and decision making. We should be patient and take time to learn.
That's true,the ones who prepare themselves very well are the ones who will remain as traders or you can say successful traders for long term. Trading isn't gambling and it isn't even similar to it, anyone who treats it like gambling will end up losing money and won't learn anything at all.
Trading is a skill one learns throughout his lifetime, some people learn it well and make fortune with it while the rest just follow those some people and make nothing or form belief systems that the ones who are earning from trading are geniuses.
The professional traders also used to loss money in the beginning of their journey but overtime they learnt that how trading works and they start improving their trading skills. Now many of those traders are completely free from financial issues.
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Yeah, it went as high as $63k, but I do not think that it was due to Trump's first bitcoin transaction, it could have been because of the Fed rate cut of 0.5 that's why suddenly the price goes up to the levels of above $60k so it's already a bullish momentum.
Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.
I can't predict the details like you because I have a plan to sell my bitcoin next year during the bullish season. If I were a trader, I would focus on the short-term movement of bitcoin, unfortunately I don't have the expertise as a trader. But my prediction is that before this year ends, bitcoin price will touch ATH $80K.
There are a lot of short term traders in the market, so for sure, they will have to take advantage of any news that they will hear, then buy and short Bitcoin and squeeze some money.
But for us, long term holder, at least next year will be a big gauge to us. Whether we should be selling at a certain price, or just like you, will just hold as long as we can. Although I believed that at some point, there's nothing wrong to take profits in a bull run specially if you have been holding for that 4 year cycle.
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There are a lot of short term traders in the market, so for sure, they will have to take advantage of any news that they will hear, then buy and short Bitcoin and squeeze some money.
But for us, long term holder, at least next year will be a big gauge to us. Whether we should be selling at a certain price, or just like you, will just hold as long as we can. Although I believed that at some point, there's nothing wrong to take profits in a bull run specially if you have been holding for that 4 year cycle.
I am the type of investor or holder who survives for a 4-year cycle. So I need free funds for 3 years. Because I will buy during the bearish season and sell during the bullish season. If I had the ability to trade short-term, I would do it unfortunately the busyness of the real world makes me not focused on trading.
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There are a lot of short term traders in the market, so for sure, they will have to take advantage of any news that they will hear, then buy and short Bitcoin and squeeze some money.
But for us, long term holder, at least next year will be a big gauge to us. Whether we should be selling at a certain price, or just like you, will just hold as long as we can. Although I believed that at some point, there's nothing wrong to take profits in a bull run specially if you have been holding for that 4 year cycle.
I am the type of investor or holder who survives for a 4-year cycle. So I need free funds for 3 years. Because I will buy during the bearish season and sell during the bullish season. If I had the ability to trade short-term, I would do it unfortunately the busyness of the real world makes me not focused on trading.
Indeed, this is a very appropriate strategy for people who have other things to attend to, and cannot be devoted to daily trading. working well to capture the trends of the emerging and volatile crypto market, as evidenced by the ability to buy in the bear phase and sell in the bull phase.
They also lay emphasis on the fact that the strategy of producing leather goods must be maintained with consistency and patience. No need to concentrate on the short selling since with such strategy you can generate large profits even if the horizon is a long one.
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I completely agree. To trade successfully we must prepare well. Treating trading like gambling will lead to big losses. To trade well we should learn about market analysis and risk. We should know ourself our emotions and decision making. We should be patient and take time to learn.
And if anyone is new in trading so I think he should spend 3+ months in learning (books, courses). He should havr knowledge of market basics. He should practice with fake or small investments.
If they are fact, well when I was learning I did not immediately jump into trading with real money, I always used the part of exchanges or brokers in demo mode with fictitious money, I held back the desire to operate with real money, but it served me a lot because that way I learned very well the tools of the broker and exchange, if it happened to me it did not matter, because I had fictitious money, it also helped me to make plans and execute them and until I did not have a good profitability I did not dare to do it with real money.
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I completely agree. To trade successfully we must prepare well. Treating trading like gambling will lead to big losses. To trade well we should learn about market analysis and risk. We should know ourself our emotions and decision making. We should be patient and take time to learn.
And if anyone is new in trading so I think he should spend 3+ months in learning (books, courses). He should havr knowledge of market basics. He should practice with fake or small investments.
If they are fact, well when I was learning I did not immediately jump into trading with real money, I always used the part of exchanges or brokers in demo mode with fictitious money, I held back the desire to operate with real money, but it served me a lot because that way I learned very well the tools of the broker and exchange, if it happened to me it did not matter, because I had fictitious money, it also helped me to make plans and execute them and until I did not have a good profitability I did not dare to do it with real money.
The right thing to do with demo mode is, therefore, to take advantage of it in order to practice without having to facilitate the loss of actual money. Like that, you will learn all the options that are available on the trading platform and how to use them for your advantage without the stress of losing real money. Furthermore, when creating a plan and approving the plan, working it out in such an environment will enable you to gain confidence whenever you will start investing with actual money. I do agree that such a learning process is very useful, and it can then be a good basis to establish the success in the trading world.
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I do agree that such a learning process is very useful, and it can then be a good basis to establish the success in the trading world.
That's right and also something that not many have, is patience, not giving up, there are people who because they do two operations wrong they already get out and do not continue because they lost their money, I understand that you can lose money, it is something normal, in trading, in gambling it is natural that we lose money, that is something common, but now, if things continue trying, there will come a time when we will be profitable and we will have more chances of winning and doing everything better, but we have to be there, in demos mode, in real mode even more we have to insist.
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I do agree that such a learning process is very useful, and it can then be a good basis to establish the success in the trading world.
That's right and also something that not many have, is patience, not giving up, there are people who because they do two operations wrong they already get out and do not continue because they lost their money, I understand that you can lose money, it is something normal, in trading, in gambling it is natural that we lose money, that is something common, but now, if things continue trying, there will come a time when we will be profitable and we will have more chances of winning and doing everything better, but we have to be there, in demos mode, in real mode even more we have to insist.
Loss of money in trade is a natural thing, but risk managers in trading are needed so that we can get a higher profit than trade. But all need patience as you say not many people have patience but experience will make them more patient. Because it is also the key to success.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
Bitcoin is currently above $60,000. We are going through 2024 fairly well. But there is volatility in the market, there will be volatility, without volatility, a trader and an investor can never make a profit. If there is no volatility in the market then a trade will never be successful and if there is no market volatility then an investor will not be able to setup a good position and invest. But I think this position will not stay as it is now the market will definitely go higher and by 2014 Bitcoin will reach between 80k to 100k dollars. But the current downtrend is not very downtrend, it is a normal downtrend.
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Loss of money in trade is a natural thing, but risk managers in trading are needed so that we can get a higher profit than trade. But all need patience as you say not many people have patience but experience will make them more patient. Because it is also the key to success.
For everyone who has gotten the necessary knowledge required for trading, it's expected to also have a certain level of risk. There are certain amount that a trader must be willing to risk, so that when things turns left, they won't be too many disappointment. Recently, I monitored the Bitcoin chart, and I think the last 2weeks has been a very good time for traders. But unfortunately, Bitcoin dropped below $62K not too long, and I think so many traders are left stranded, as they won't be able to sell till it climbs back to $64-65K. So, the whole trading stuff is associated with risk, and just as you've pointed out, patience can do alot in cases like this, because a trader can never be certain when he/she will get the actual price of expectation.
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For everyone who has gotten the necessary knowledge required for trading, it's expected to also have a certain level of risk. There are certain amount that a trader must be willing to risk, so that when things turns left, they won't be too many disappointment. Recently, I monitored the Bitcoin chart, and I think the last 2weeks has been a very good time for traders. But unfortunately, Bitcoin dropped below $62K not too long, and I think so many traders are left stranded, as they won't be able to sell till it climbs back to $64-65K. So, the whole trading stuff is associated with risk, and just as you've pointed out, patience can do alot in cases like this, because a trader can never be certain when he/she will get the actual price of expectation.
A trader must have risk management, because in trading we are always faced with risk. With good risk management skills we can minimize the losses we will suffer, and we must take the risk with careful consideration. because not all risks must be eaten, because the consideration of getting profit must be higher than the loss.
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For everyone who has gotten the necessary knowledge required for trading, it's expected to also have a certain level of risk. There are certain amount that a trader must be willing to risk, so that when things turns left, they won't be too many disappointment. Recently, I monitored the Bitcoin chart, and I think the last 2weeks has been a very good time for traders. But unfortunately, Bitcoin dropped below $62K not too long, and I think so many traders are left stranded, as they won't be able to sell till it climbs back to $64-65K. So, the whole trading stuff is associated with risk, and just as you've pointed out, patience can do alot in cases like this, because a trader can never be certain when he/she will get the actual price of expectation.
A trader must have risk management, because in trading we are always faced with risk. With good risk management skills we can minimize the losses we will suffer, and we must take the risk with careful consideration. because not all risks must be eaten, because the consideration of getting profit must be higher than the loss.
Indeed, Risk management is crucial part of any trading, particularly in the rapidly fluctuating market such as cryptocurrency. An experienced trader also looks at the aspect of gains to be made, but he also looks at the way in which his capital is to be shielded from massive losses. Good risk management is helpful to try to block the possibility of enormous losses and with methods including place stop losses, use risk capital, use diversification. As such, losses can be contained so that the trader is able to carry on for a long time even in situations that any movement could go up or down.
People do not go for every risk they come across and a trader has to be wise in selecting risks that are actually worth it than the trading opportunity in terms of profit. This means that every choice is also guided by a rational evaluation last craving is not a driving force behind each decision as is tendency in the market. Using this approach traders are able to resist the temptation of making unwise decisions in trading and it will help a trader avoid over trading and or taking unnecessary risks which overall lead to control of risk/ reward ratio.
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Now a lot of sentiment is influencing the Bitcoin trend so that the previous trend will not be the same as it is today.
Now bitcoin does tend to fall further and the last ATH is still at $73k, not able to pass the ATH, but entered in October until the end of the expected that Bitcoin can reach a bullrun until 2025.
Now it is only necessary to make purchases gradually before the bullrun arrives, and those who are pessimistic about Bitcoin will simply sell their holdings.
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For everyone who has gotten the necessary knowledge required for trading, it's expected to also have a certain level of risk. There are certain amount that a trader must be willing to risk, so that when things turns left, they won't be too many disappointment. Recently, I monitored the Bitcoin chart, and I think the last 2weeks has been a very good time for traders. But unfortunately, Bitcoin dropped below $62K not too long, and I think so many traders are left stranded, as they won't be able to sell till it climbs back to $64-65K. So, the whole trading stuff is associated with risk, and just as you've pointed out, patience can do alot in cases like this, because a trader can never be certain when he/she will get the actual price of expectation.
A trader must have risk management, because in trading we are always faced with risk. With good risk management skills we can minimize the losses we will suffer, and we must take the risk with careful consideration. because not all risks must be eaten, because the consideration of getting profit must be higher than the loss.
I agree with your valuable advice. Investors should adopt strategies based on the right criteria to manage risk in trading such as regularly buying and holding during bearish periods to increase the chances of making more profits during bull runs.
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Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.
I would agree to Bitcoin setting a new ATH before the end of this year, but this month of October, we don't know whether Bitcoin will show a green candlelight as speculated. Because we are having Bitcoin experiencing a decline in price, from $63k at the month end of September, to $60k + price at the beginning of October.
The crypto market can really be positive in this month, but nobody knows the direction we have it be before the end of the month. Making this month to be still unpredictable towards the Bitcoin price
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Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.
I would agree to Bitcoin setting a new ATH before the end of this year, but this month of October, we don't know whether Bitcoin will show a green candlelight as speculated. Because we are having Bitcoin experiencing a decline in price, from $63k at the month end of September, to $60k + price at the beginning of October.
The crypto market can really be positive in this month, but nobody knows the direction we have it be before the end of the month. Making this month to be still unpredictable towards the Bitcoin price
In fact, the current market is showing a lot of volatility. Right now it's hard to tell what the market is actually going to show us this October, we started October at $63k and then it's down and it's currently at $60k, but it's only the beginning of the month, we can still hope that October Coming to the end of the month we may see something better, we expect the market to be $70k+ by the end of October. Now let's see what happens.
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Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.
I would agree to Bitcoin setting a new ATH before the end of this year, but this month of October, we don't know whether Bitcoin will show a green candlelight as speculated. Because we are having Bitcoin experiencing a decline in price, from $63k at the month end of September, to $60k + price at the beginning of October.
The crypto market can really be positive in this month, but nobody knows the direction we have it be before the end of the month. Making this month to be still unpredictable towards the Bitcoin price
In fact, the current market is showing a lot of volatility. Right now it's hard to tell what the market is actually going to show us this October, we started October at $63k and then it's down and it's currently at $60k, but it's only the beginning of the month, we can still hope that October Coming to the end of the month we may see something better, we expect the market to be $70k+ by the end of October. Now let's see what happens.
Looks like we will see the correction and the price of Bitcoin will go down below $ 60K so you should make a purchase when the market is corrected. Bullish season is still long and will occur next year, we should understand that before the Bullish Season Whages will manipulate the market and take advantage of it.
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Loss of money in trade is a natural thing, but risk managers in trading are needed so that we can get a higher profit than trade. But all need patience as you say not many people have patience but experience will make them more patient. Because it is also the key to success.
Yes, and that is something very key , at this point it is difficult for me to be patient, I don't know, but whenever I try to have some patience , Anxiety is something that is difficult to cope with, however I came up with a way to control it by doing other activities and since that Worked for me , I do it in almost all the things that have to be waited for, that is a good strategy , when I do that I always look for trading lessons, whether in books or videos , I always use it to improve, and that helps, first of all, to resist the urge to do or wait for the result.
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Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.
I would agree to Bitcoin setting a new ATH before the end of this year, but this month of October, we don't know whether Bitcoin will show a green candlelight as speculated. Because we are having Bitcoin experiencing a decline in price, from $63k at the month end of September, to $60k + price at the beginning of October.
The crypto market can really be positive in this month, but nobody knows the direction we have it be before the end of the month. Making this month to be still unpredictable towards the Bitcoin price
In fact, the current market is showing a lot of volatility. Right now it's hard to tell what the market is actually going to show us this October, we started October at $63k and then it's down and it's currently at $60k, but it's only the beginning of the month, we can still hope that October Coming to the end of the month we may see something better, we expect the market to be $70k+ by the end of October. Now let's see what happens.
Looks like we will see the correction and the price of Bitcoin will go down below $ 60K so you should make a purchase when the market is corrected. Bullish season is still long and will occur next year, we should understand that before the Bullish Season Whages will manipulate the market and take advantage of it.
Well, If Bitcoin price correction predicted to fall below $60K could be an opportunity for investors to buy more while the market is correcting. With the bull season still expected to occur in the next few years, a good strategy is to understand the current market dynamics. Before the bull season begins, there will likely be market manipulation by big players commonly called whales, they try to take advantage of market conditions for their benefit. So we must be careful about the decisions we choose so as not to experience losses.
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Well, If Bitcoin price correction predicted to fall below $60K could be an opportunity for investors to buy more while the market is correcting. With the bull season still expected to occur in the next few years, a good strategy is to understand the current market dynamics. Before the bull season begins, there will likely be market manipulation by big players commonly called whales, they try to take advantage of market conditions for their benefit. So we must be careful about the decisions we choose so as not to experience losses.
That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.
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That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.
Anyone with money sitting in one corner will want to see Bitcoin gives them money but sadly, at a point it doesn't move or go up again and many of them get bored about what the market and in return they make the market goes in their way, that's where manipulation comes into play and people who don't understand the market get burn in the hand.
The advice is that anytime whales are playing their games, just be at one corner with your ton of money that you are not using, buy more and continue to hold and with time you will be average and makes more money and profit that someone who doesn't do anything anytime the market falls.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
if you was last if you it's out for one to three month then you will not understand actually what happening in the market. so you have to research from 1-2 yard of charts then you can understand what happening. we know about the 4 year of circle for Bitcoin and according that the bull run can happen in the next year so you have the enough time to invest in Bitcoin right now. we know many things what we're worried because there is the financial matter is connected. so it is normal that it will worried us. I think who will invest in Bitcoin now he or she easily can get good profit after some month maybe the first quarter of the next year
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I am the type of investor or holder who survives for a 4-year cycle. So I need free funds for 3 years. Because I will buy during the bearish season and sell during the bullish season. If I had the ability to trade short-term, I would do it unfortunately the busyness of the real world makes me not focused on trading.
We're the same... at least because I tried to be a long-long term holder in 2021 and didn't sold any of my assets at that time. Turns out that it was the worst decision that I make in my investing journey.
I'm also a believer of the 4-year cycle hence, I already have a strategy in terms of buying and selling as well. I try to accumulate as many as possible during the bear market, and will continue as we approach the accumulation phase coming into the bull run. As for your business and trading, I would suggest to just focus on your business because at least the profits there would be more and you know what you're doing on it. As for trading, maybe you can still try spot trading as it doens't require that much of a time to monitor those market movements.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
if you was last if you it's out for one to three month then you will not understand actually what happening in the market. so you have to research from 1-2 yard of charts then you can understand what happening. we know about the 4 year of circle for Bitcoin and according that the bull run can happen in the next year so you have the enough time to invest in Bitcoin right now. we know many things what we're worried because there is the financial matter is connected. so it is normal that it will worried us. I think who will invest in Bitcoin now he or she easily can get good profit after some month maybe the first quarter of the next year
I also predict bitcoin will touch ATH in the first quarter of next year, but it is likely that by the end of this year if there is no negative news bitcoin will also touch a new ATH.
For a trader, they will always see and study the market because they think about short-term investment, while long-term holders do not need to monitor the market, because the bullish season will occur next year, according to the 4-year cycle habit.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
Keep calm my friend BTC is definitely doing fine if you look at how the price has moved on a higher time frame you definitely agree with me that the price of BTC is increasing
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That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.
I fully agree with you, the market is often manipulated only to grab coins of weak hands for cheap rates and those weak hands don't really understand the plans of whales/institutional investors.
The whales and institutional investors are increasing their portfolio overtime whenever such market manipulations take place because weak hands can't hold their positions if they see such price drops and in fear they sell their coins for low value.
I guess it's way better to accumulate more coins whenever we see such market manipulations or corrections. Simply it's way better to accumulate coins during such times and either sell those when they get higher in value or hold those to have better profits when bull run gets intense.
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That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.
I fully agree with you, the market is often manipulated only to grab coins of weak hands for cheap rates and those weak hands don't really understand the plans of whales/institutional investors.
The whales and institutional investors are increasing their portfolio overtime whenever such market manipulations take place because weak hands can't hold their positions if they see such price drops and in fear they sell their coins for low value.
I guess it's way better to accumulate more coins whenever we see such market manipulations or corrections. Simply it's way better to accumulate coins during such times and either sell those when they get higher in value or hold those to have better profits when bull run gets intense.
That's what always happens, I observe the movement when a correction occurs, we should stay calm and buy some potential coins so that we don't miss the opportunity to add to our coin collection, because whales always manipulate and we just go with the flow.
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That's what always happens, I observe the movement when a correction occurs, we should stay calm and buy some potential coins so that we don't miss the opportunity to add to our coin collection, because whales always manipulate and we just go with the flow.
Yes, that's a good step, during corrections one should try to accumulate Bitcoin and top alt coins that are known to perform good when market recovers. It's also good to accumulate new coins to your collection but it's somehow risky to add new coins as those can lose more value.
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That's what always happens, I observe the movement when a correction occurs, we should stay calm and buy some potential coins so that we don't miss the opportunity to add to our coin collection, because whales always manipulate and we just go with the flow.
Yes, that's a good step, during corrections one should try to accumulate Bitcoin and top alt coins that are known to perform good when market recovers. It's also good to accumulate new coins to your collection but it's somehow risky to add new coins as those can lose more value.
During a correction, we should add to the collection of bitcoin and altcoin because we can get the coins at a lower price and hold it until the price goes back up and we can sell it, this is a short -term and middle -term strategy. But if you want a long -term hold, of course we have to buy the beginning when bearish season because the price is lower than now.
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Well, If Bitcoin price correction predicted to fall below $60K could be an opportunity for investors to buy more while the market is correcting. With the bull season still expected to occur in the next few years, a good strategy is to understand the current market dynamics. Before the bull season begins, there will likely be market manipulation by big players commonly called whales, they try to take advantage of market conditions for their benefit. So we must be careful about the decisions we choose so as not to experience losses.
That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.
One good thing about the crypto market that I like is when the market experiences a correction in price, it allows crypto investors to buy additional Bitcoin or altcoin to their portfolio at a discount price. If the market turned around to give green candlelight, so many investors would like to sell their Bitcoin holdings at a favorable high price for profits. However, whichever movement Bitcoin gives(positive or negative), it always serves as an advantage given to crypto investors they won't like to miss
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Reaching a point where these ordinals are gone so we could have low fee and faster transactions would be lovely, that would open up a lot of doors. I mean technically speaking we weren't fast and cheap before those neither, but certainly was better than what we have right now. For bitcoin to be global payment alternative for many things, we need it faster and cheaper, right now that's preventing it. Hopefully we will get a better result eventually, when that happens my next step in mind is to have default payment for international transactions, if we can get that, it would be so much higher.
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During a correction, we should add to the collection of bitcoin and altcoin because we can get the coins at a lower price and hold it until the price goes back up and we can sell it, this is a short -term and middle -term strategy.
I highly agree with you, but some people are doing that for long term holding and they're actually getting profits by that way. I personally believe in what you said, it's actually a good method to earn short-to-mid-term profit with this strategy and there's nothing wrong in that approach, but at the same time it can be used for long term holding of Bitcoin, and most probably some alt coins as well.
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During a correction, we should add to the collection of bitcoin and altcoin because we can get the coins at a lower price and hold it until the price goes back up and we can sell it, this is a short -term and middle -term strategy.
I highly agree with you, but some people are doing that for long term holding and they're actually getting profits by that way. I personally believe in what you said, it's actually a good method to earn short-to-mid-term profit with this strategy and there's nothing wrong in that approach, but at the same time it can be used for long term holding of Bitcoin, and most probably some alt coins as well.
Everyone has the consideration of the Uuntu deciding the strategy he will do, if you have the security of trading, you can make a decision for short jagka with trading. But the long term is also good for those who do not have the idea of trading and are too busy in the real world. Because trading needs focus and this is also not easy to do if we have a real world busy
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During a correction, we should add to the collection of bitcoin and altcoin because we can get the coins at a lower price and hold it until the price goes back up and we can sell it, this is a short -term and middle -term strategy.
I highly agree with you, but some people are doing that for long term holding and they're actually getting profits by that way. I personally believe in what you said, it's actually a good method to earn short-to-mid-term profit with this strategy and there's nothing wrong in that approach, but at the same time it can be used for long term holding of Bitcoin, and most probably some alt coins as well.
Everyone has the consideration of the Uuntu deciding the strategy he will do, if you have the security of trading, you can make a decision for short jagka with trading. But the long term is also good for those who do not have the idea of trading and are too busy in the real world. Because trading needs focus and this is also not easy to do if we have a real world busy
There are a number of factors that should be taken into consideration while defining a particular trading plan, personality or preferences being among them. Actually, short term trading can be quite rewarding, especially if one feels safe and comfortable with risk and has time to engage himself in trading. But in case, if one does not have ample time or lacks sufficient knowledge about how to go about with trading, the best way to go would be Investing for the long term. This gives the chance to increase profits step by step without constantly paying attention to competitors. However, on the one hand, short-term trading and, on the other hand, long-term investment involve quantifiable risks and good time division depending on the personal situation and needs.
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Because trading needs focus and this is also not easy to do if we have a real world busy
Yes, trading needs a lot of focus and attention and the ones who aren't focused might not be able to trade very well. Trading isn't for the ones who can't give it proper time, and it's also not for weak hands. Only those who can give proper time to it and learn it fully can make profits from it.
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Because trading needs focus and this is also not easy to do if we have a real world busy
Yes, trading needs a lot of focus and attention and the ones who aren't focused might not be able to trade very well. Trading isn't for the ones who can't give it proper time, and it's also not for weak hands. Only those who can give proper time to it and learn it fully can make profits from it.
Your are correct mate, trading does involve giving it your best, the energy, the concentration, and the precision. It is not something that can require multitasking since opportunities in the market always come and go very fast. It is in this regard that anyone aspiring to undertake the exercise must be willing to invest our time and undertake some research so as to prepare adequately for the undertaking. We must also control emotions because this is one of the four factors, including handling them whenever there are abrupt variations. Trading as you aware is far beyond the luck and is in fact a combination of knowledge level, experience base and effort in making the right decisions at the right time.
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Because trading needs focus and this is also not easy to do if we have a real world busy
Yes, trading needs a lot of focus and attention and the ones who aren't focused might not be able to trade very well. Trading isn't for the ones who can't give it proper time, and it's also not for weak hands. Only those who can give proper time to it and learn it fully can make profits from it.
We really need a lot of time in trading because trading needs focus and always study market movements because the crypro market is very volatile. At the beginning I learned trading, I had not first about fundamental analysis, technical and learning the characters of the coins that I chose and it took a long time to get a deep understanding.
It might even take more than 3 years to become a trader who can get a higher profit even though sometimes it also suffers losses, because there is no trader who always wins sometimes also our predictions and strategies also miss and we suffer defeat.
Ity is what makes us need time to focus on trading.
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We really need a lot of time in trading because trading needs focus and always study market movements because the crypro market is very volatile. At the beginning I learned trading, I had not first about fundamental analysis, technical and learning the characters of the coins that I chose and it took a long time to get a deep understanding.
It might even take more than 3 years to become a trader who can get a higher profit even though sometimes it also suffers losses, because there is no trader who always wins sometimes also our predictions and strategies also miss and we suffer defeat.
Ity is what makes us need time to focus on trading.
If a trader cannot control his emotions, he won't be able to start making huge profits even after 10 years. To be honest, I have lately been more inclined to think that trading on exchanges should be automated. In other words, a trader should experiment and create a bot that will trade according to a clear strategy, thus minimizing the mistakes that a trader can make because of emotions.
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We really need a lot of time in trading because trading needs focus and always study market movements because the crypro market is very volatile. At the beginning I learned trading, I had not first about fundamental analysis, technical and learning the characters of the coins that I chose and it took a long time to get a deep understanding.
It might even take more than 3 years to become a trader who can get a higher profit even though sometimes it also suffers losses, because there is no trader who always wins sometimes also our predictions and strategies also miss and we suffer defeat.
Ity is what makes us need time to focus on trading.
If a trader cannot control his emotions, he won't be able to start making huge profits even after 10 years. To be honest, I have lately been more inclined to think that trading on exchanges should be automated. In other words, a trader should experiment and create a bot that will trade according to a clear strategy, thus minimizing the mistakes that a trader can make because of emotions.
I think that emotions are one of the biggest problems we face when we trade and if not controlled to the maximum, they will always deny us the best results. It makes sense to think about the automation of trading with bots as bots can perform the strategies without disturbance emotionally. By practice and creating a bot which is in line with the strategy that we develop, we decrease the likelihood of human mistakes, and increase profit-making possibilities. This makes it very helpful in that we have the chance to pay much attention to fine targeting of strategies while at the same time improving on disciplined implementation.
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We really need a lot of time in trading because trading needs focus and always study market movements because the crypro market is very volatile. At the beginning I learned trading, I had not first about fundamental analysis, technical and learning the characters of the coins that I chose and it took a long time to get a deep understanding.
It might even take more than 3 years to become a trader who can get a higher profit even though sometimes it also suffers losses, because there is no trader who always wins sometimes also our predictions and strategies also miss and we suffer defeat.
Ity is what makes us need time to focus on trading.
If a trader cannot control his emotions, he won't be able to start making huge profits even after 10 years. To be honest, I have lately been more inclined to think that trading on exchanges should be automated. In other words, a trader should experiment and create a bot that will trade according to a clear strategy, thus minimizing the mistakes that a trader can make because of emotions.
I think that emotions are one of the biggest problems we face when we trade and if not controlled to the maximum, they will always deny us the best results. It makes sense to think about the automation of trading with bots as bots can perform the strategies without disturbance emotionally. By practice and creating a bot which is in line with the strategy that we develop, we decrease the likelihood of human mistakes, and increase profit-making possibilities. This makes it very helpful in that we have the chance to pay much attention to fine targeting of strategies while at the same time improving on disciplined implementation.
Yeahhh,emitions generally are one of the major problems investors face when making bitcoin investment choice.Greed sometimes also gose inline with this factor.
However,what I would really like to understand mostly is about this bots which helps in making basic investment choices.is there a 99 percent chance or slightly lower that this bots wouldnt make mistakes or anything.I mean,trusting your investments in the palms of a bot, isn't that alot risky?I'd prefer to make my investment cjoices muself than trusting them with a Bot.
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Yeahhh,emitions generally are one of the major problems investors face when making bitcoin investment choice.Greed sometimes also gose inline with this factor.
However,what I would really like to understand mostly is about this bots which helps in making basic investment choices.is there a 99 percent chance or slightly lower that this bots wouldnt make mistakes or anything.I mean,trusting your investments in the palms of a bot, isn't that alot risky?I'd prefer to make my investment cjoices muself than trusting them with a Bot.
Trusting your crypto trading on bots is a choice, and for you to prefer to make your crypto investment choices by yourself is a good idea because not everyone can trust their funds to be under the control of bots.
However, crypto trading bots can save time and emotions, that's why the majority of crypto traders choose it over than to trade by themselves because they can't be efficient like bots that monitor the market 24/7 and execute trades faster than humans
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We really need a lot of time in trading because trading needs focus and always study market movements because the crypro market is very volatile. At the beginning I learned trading, I had not first about fundamental analysis, technical and learning the characters of the coins that I chose and it took a long time to get a deep understanding.
It might even take more than 3 years to become a trader who can get a higher profit even though sometimes it also suffers losses, because there is no trader who always wins sometimes also our predictions and strategies also miss and we suffer defeat.
Ity is what makes us need time to focus on trading.
If a trader cannot control his emotions, he won't be able to start making huge profits even after 10 years. To be honest, I have lately been more inclined to think that trading on exchanges should be automated. In other words, a trader should experiment and create a bot that will trade according to a clear strategy, thus minimizing the mistakes that a trader can make because of emotions.
I think that emotions are one of the biggest problems we face when we trade and if not controlled to the maximum, they will always deny us the best results. It makes sense to think about the automation of trading with bots as bots can perform the strategies without disturbance emotionally. By practice and creating a bot which is in line with the strategy that we develop, we decrease the likelihood of human mistakes, and increase profit-making possibilities. This makes it very helpful in that we have the chance to pay much attention to fine targeting of strategies while at the same time improving on disciplined implementation.
Yeahhh,emitions generally are one of the major problems investors face when making bitcoin investment choice.Greed sometimes also gose inline with this factor.
However,what I would really like to understand mostly is about this bots which helps in making basic investment choices.is there a 99 percent chance or slightly lower that this bots wouldnt make mistakes or anything.I mean,trusting your investments in the palms of a bot, isn't that alot risky?I'd prefer to make my investment cjoices muself than trusting them with a Bot.
If you have the security and expertise to make analysis, you should not depend on bots, because we can invest and trade manually and this is easier to monitor.
I am not a bot lover and have used it in the past and the results were also less than satisfactory.
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We really need a lot of time in trading because trading needs focus and always study market movements because the crypro market is very volatile. At the beginning I learned trading, I had not first about fundamental analysis, technical and learning the characters of the coins that I chose and it took a long time to get a deep understanding.
It might even take more than 3 years to become a trader who can get a higher profit even though sometimes it also suffers losses, because there is no trader who always wins sometimes also our predictions and strategies also miss and we suffer defeat.
Ity is what makes us need time to focus on trading.
If a trader cannot control his emotions, he won't be able to start making huge profits even after 10 years. To be honest, I have lately been more inclined to think that trading on exchanges should be automated. In other words, a trader should experiment and create a bot that will trade according to a clear strategy, thus minimizing the mistakes that a trader can make because of emotions.
I think that emotions are one of the biggest problems we face when we trade and if not controlled to the maximum, they will always deny us the best results. It makes sense to think about the automation of trading with bots as bots can perform the strategies without disturbance emotionally. By practice and creating a bot which is in line with the strategy that we develop, we decrease the likelihood of human mistakes, and increase profit-making possibilities. This makes it very helpful in that we have the chance to pay much attention to fine targeting of strategies while at the same time improving on disciplined implementation.
Yeahhh,emitions generally are one of the major problems investors face when making bitcoin investment choice.Greed sometimes also gose inline with this factor.
However,what I would really like to understand mostly is about this bots which helps in making basic investment choices.is there a 99 percent chance or slightly lower that this bots wouldnt make mistakes or anything.I mean,trusting your investments in the palms of a bot, isn't that alot risky?I'd prefer to make my investment cjoices muself than trusting them with a Bot.
If you have the security and expertise to make analysis, you should not depend on bots, because we can invest and trade manually and this is easier to monitor.
I am not a bot lover and have used it in the past and the results were also less than satisfactory.
With that, it turns out that we can receive maximum results from investments through utilizing the benefits of the manual analysis which give more efficient response at the very changes on the market. If required skills are learnt, trends can be interpreted directly without the need for interpretation through others and decisions can be made with more reference to real conditions. However, we are also able to have a total flexibility over the entire trade, thus stocks can be set as per the manual method that we prefer since we do not have to bow to restrictive algorithms every time.
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With that, it turns out that we can receive maximum results from investments through utilizing the benefits of the manual analysis which give more efficient response at the very changes on the market. If required skills are learnt, trends can be interpreted directly without the need for interpretation through others and decisions can be made with more reference to real conditions. However, we are also able to have a total flexibility over the entire trade, thus stocks can be set as per the manual method that we prefer since we do not have to bow to restrictive algorithms every time.
Of course, manual analysis does have a very good influence because it can make calculations of how many knowledge we have to predict the price movements of coins on the exchange. These skills and knowledge put us in a commanding position to fine-tune strategies without reference to other analyses that may well lack precision. Also, since the manual method is used, it is possible to define the steps of investment with reference to the desired capital and plans. In this manner, we can regulate the trading decisions more effectively, and receive better outcomes as well as have the full authority on the invest plan.
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We really need a lot of time in trading because trading needs focus and always study market movements because the crypro market is very volatile.
Yes, in crypto trading and even in general trading it's going to take time to be a proficient trader and someone who makes profit in trading. The crypto market is so volatile and if someone does't understand the volatility of the market then that person can't make profits in crypto market.
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Bitcoin is a lot of fun for me now. I mined in Bitcoin several months ago and now I am in big profit. I think I will sell Bitcoin in next few days. will increase several times more. Those who have waited patiently by investing bitcoins are now able to profit much more. So I think patience is very necessary to invest bitcoins if you are not patient you will never get profit.
But I don't know how long the Bitcoin market will be good like this. Very soon if Bitcoin starts dumping again it will be big bad news for us because many people who have Bitcoins have not sold even after the increase. If they can't, they will not get any profit because of the failed extra profit. So if you are patient, you will get good things, but if you overdo it, you won't get anything good.
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We really need a lot of time in trading because trading needs focus and always study market movements because the crypro market is very volatile.
Yes, in crypto trading and even in general trading it's going to take time to be a proficient trader and someone who makes profit in trading. The crypto market is so volatile and if someone does't understand the volatility of the market then that person can't make profits in crypto market.
You are right in every trade requires experience and skills, especially the highly volatile crypto market, it really requires focus and expertise so that we can make a profit. And becoming a professional trader takes a long time to become skilled. This is a fact, trading is not as easy as newbies think.
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We really need a lot of time in trading because trading needs focus and always study market movements because the crypro market is very volatile.
Yes, in crypto trading and even in general trading it's going to take time to be a proficient trader and someone who makes profit in trading. The crypto market is so volatile and if someone does't understand the volatility of the market then that person can't make profits in crypto market.
You are right in every trade requires experience and skills, especially the highly volatile crypto market, it really requires focus and expertise so that we can make a profit. And becoming a professional trader takes a long time to become skilled. This is a fact, trading is not as easy as newbies think.
Within a week that has passed, a lot has happened about the price of Bitcoin, and many have witnessed it, and now I think there are many people taking profit where they bought Bitcoin at a price below 60k$, and because of this increase in Bitcoin, most people who don't believe and are purely negative about Bitcoin are now helping others.
Which for me is a big stupid thing that some people who don't know about crypto buy bitcoin when it's expensive; it's not bad to buy; it's bad to buy when you don't know what the right timing is. You know what that means,
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As it stands now, it is clear that Bitcoin has taken a bullish moves, creating new All Time Highs' and breaking records. As a matter of facts, the next step in my opinion, is price hitting #100k before the year ends.
As we are currently seeing, the demand are already very high while supply is diminishing, bringing the market price to rise. I think this is the beginning of good things to come, a time for investors/holders to boost return s. I am already eyeing #100k before December, 2024.
In a nutshell, the next step for Bitcoin Is still unpredictable, but I am expecting more pumps. Just keep holding!
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
When the market is on a downtrend, most times it is price correction or some form of news that's not favourable to the crypto market. These news or effects are not new to crypto users, cause it has become something we are always expecting, and after that period, a new brake in the market ATH.
The last quarter of the year has made a tremendous spark to the market, and all holders of BTC from the earlier time of he year or at the market down trend are all currently in a happy time due to the positive effects and news from the US election and Trump effect to the crypto market.
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Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?
When the market is on a downtrend, most times it is price correction or some form of news that's not favourable to the crypto market. These news or effects are not new to crypto users, cause it has become something we are always expecting, and after that period, a new brake in the market ATH.
The last quarter of the year has made a tremendous spark to the market, and all holders of BTC from the earlier time of he year or at the market down trend are all currently in a happy time due to the positive effects and news from the US election and Trump effect to the crypto market.
currently it looks like bitcoin will have a correction but i haven't heard any bad news about it, is this the effect after bitcoin touches ATH $93K we will see a correction first. then bitcoin will reach the next ATH approaching $100K or exceeding $100K. let's see..
i also hope for a correction because i will make a solana purchase
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When the market is on a downtrend, most times it is price correction or some form of news that's not favourable to the crypto market. These news or effects are not new to crypto users, cause it has become something we are always expecting, and after that period, a new brake in the market ATH.
The last quarter of the year has made a tremendous spark to the market, and all holders of BTC from the earlier time of he year or at the market down trend are all currently in a happy time due to the positive effects and news from the US election and Trump effect to the crypto market.
It is quite typical that the fluctuations in the crypto market are viewed as a cyclical process, still, there’s always a chance for us to enhance the investment approach. Afterward, we can invest patience and confidence taking advantage of the momentum change that follows. But it appears the last quarter of this year has served the market with some fresh energies to the extent that many an investor feels cheerful because price of bitcoin is always shocking its partisans.
currently it looks like bitcoin will have a correction but i haven't heard any bad news about it, is this the effect after bitcoin touches ATH $93K we will see a correction first. then bitcoin will reach the next ATH approaching $100K or exceeding $100K. let's see..
i also hope for a correction because i will make a solana purchase
However, seeing the possibility of Bitcoin getting to or surpassing $100K it it’s entirely possible to see enthusiasm rise. The ability to break the next ATH keeps looking reasonable, especially with the support of market activity. And thus patiently, keeping a good track on all these activities, we can remain well positioned in the meantime, but never unprepared for the next shot. Make some profit taking when the price gets to $100k to avoid waiting until it gets too late and the price gets higher.