Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: bitterguy28 on December 20, 2024, 11:35:06 AM
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
-
As usually, market have looks not so good since two week left before Christmast day and bitcoin have significant drop. Looks many holder sell their bitcoin assets for holiday and return nack to the market at the middle of next year.
Bitcoin drop until $92k last few hours ago but looks faster for recovering to higher price, indeed take longer time or not for bitcoin return back above $100k or not. But have two week moment left woth opportuni keep at downtrend moment or not behind how many time bitcoin get drop in this week.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
It is the holiday to help people relax and focus on some quality time with family. People in every sector, like stocks, bonds, and even crypto, will have this urge to relax and spend less time on the market, more on the family. I think you as a trader should as well, because in this season the number of traders will reduce, and that can affect volatility.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
Does such an event actually happen?
Because recently when the Christmas holiday is approaching, Bitcoin and crypto market gave a big dump. Although I think this kind of dumping is a signal of a big pump in the market in the future. Especially I think this time the dump market is an invitation card for altcoins during this holiday.
Anyway, I want to spend this holiday with my family, enjoying it a little without worries. Since I'm not a day trader or short-term trader, I don't think I need to be too active.
-
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
I think it is normal because many investors may have the intention to gather with their family. So, they may convert their assets to fiats. And there will be no much demand anymore because they may stop temporarily. This actually already happened many times, it is not surprising if the market drops during christmas or the new year event. I'm very sure that the market will skyrocket again in January 2025. So just be patient for now...
-
Anyway, I want to spend this holiday with my family, enjoying it a little without worries. Since I'm not a day trader or short-term trader, I don't think I need to be too active.
i am guessing that most investors and traders have this kind of mindset and i suppose you are right we really should take this time off to spend time with our loved ones and most importantly rest and reward ourselves for a job well done this year it might lead to a burnout or frustration if we do not get any rest and we keep on focusing on financial gains even during a festive season but you also can't blame those who want to be able to take advantage of an opportunity if it meant a better holiday celebration next year
-
Someone who have seen it coming would have dumped their coins before the sharp decline, that is if the were confident with what they saw. 107k down to 92k that's a lot to profit if the market bounce again from 92 back to 107 again.
That one's that holding ares till holding. They lost the opportunity but they are better than who sold and spend the money.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
Well, I often hear another story: investors tend to take profits and sell assets for cash to buy gifts and decorate their homes during holidays, so the prices of many assets will decrease before and during the holiday season. Stocks, commodities, and crypto all experience this impact ^^
Yesterday, we saw red across all markets and this event was also explained by the story I mentioned above. Personally, I don't believe in such fairy tales, I will still maintain the habit of monitoring the market several times a day and only make decisions on Monday morning when the previous trading week has just ended. The holiday season also gives me the opportunity to perfect my indicators and analysis to create interesting scientific publications in the field of econophysics.
-
Usually at the time of holiday season the prices fall not surge from my observation in the previous years, crypto market works 24/7 no break whatsoever still people using it might take a break to enjoy the Christmas and New year and even some of the holders take out some cash for their needs which is the main reason why we see red and also it might be accompanied by whales who tries to maximize their potential profits with the current trend and dump it hard.
-
i am guessing that most investors and traders have this kind of mindset and i suppose you are right we really should take this time off to spend time with our loved ones and most importantly rest and reward ourselves for a job well done this year it might lead to a burnout or frustration if we do not get any rest and we keep on focusing on financial gains even during a festive season but you also can't blame those who want to be able to take advantage of an opportunity if it meant a better holiday celebration next year
Actually I am not that kind of pro level trader because I don't have much analysis knowledge like the technical analysis I have very few knowledge about it. So that I always try to invest for long term. And here the current situation on the market I think this is not the perfect time for making any investment for the long term that's why I think the next few days can be my rest day with my families with the festivals.
-
It is necessary for people to rest during holidays, festivals and also some special occasions, this gives them the opportunity to relax and get away from the pressures to rejuvenate themselves and spend some happy times with the family.
I also prefer to spend some time with the family during holidays and festivals, a person cannot continue working all the time, there are family duties that must be done towards the wife and children and holidays are a very good opportunity to do that. As for the profits, they can come later.
-
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
Money always brings happiness to a person. Your holidays will never be fun without money. You are going to enjoy your holidays for sure and for that you need money. And this is why money can never be neglected at any time. you can spend your holidays relaxed if you can earn enough money before the holiday. And crypto is freedom you can earn money from here anytime without much effort if you have that amount of crypto knowledge. So even on holidays you can relax and earn money from crypto.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
I never took records of this because usually during holidays like this bitcoin price usually surge, and I have also been thinking about the cause and the secret why price usually increased even on holidays. Yes of course, as we know when the forex market closes people tends to focused more on bitcoin and other cryptocurrency, but then their attention do diverted to other altcoin because same time we also see them increasing but more, attention are put into bitcoin that is why we see bitcoin perform more other altcoin.
-
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
I know that a lot of people take a break off their works and any other things that take most of their time during a festive period or the times of the end of the year like this. That doesn’t mean all people still engage in that and that may be the most profitable time for them in their work and line of business. Going on a break is not a bad one as it’ll help to get enough rest at the end of the year after a very long activities during the year throughout.
But if your work doesn’t permit, then getting on your feets to get the ball running is very important and needs to be considered also even in terms of holidays. Being aggressive at the end of the year because you want to make a lot money is not right, the right time for that should have been months before reaching that month in order to remain focus and consistent on your work.
-
Isn't it usual for the market to drop at that moment? Because there is a lot of selling activity, this is related to the higher level of real world needs at that moment. and there are some investors who then use this moment to sell coins for the needs of that special moment. It's just that, maybe it won't happen in the dump, because I'm sure not all investors do it. So, there will be a dump that is just normal, not a deep dump. So, whatever happens to the market during that special hold, don't worry and don't panic, because it's only temporary, enjoy it as usual when the market corrects.
-
~
what do you think is the overall mindset of an investor during this time of the year?
By your definition of investor, it is someone that holds the asset and sit for some time right? If so, I think the mentality is almost the same across different markets. It's only the hardcore traders that will stick to their monitors even on holidays. Maybe some investor would also take advantage of the market 'discounts' but I doubt most does that.
-
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
I expect dump on end of year holidays as I expect people to sell their holdings during this time around to take money off market and spend it for holidays.
I am not really into festivities a much, so I stick to my usual routine and do nothing new.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
I think that you also create a best valuable opinion in your comment. So I am also agree with your prefer comment. We also know that holiday will be very prefer for some people, because I think that it will be very helpful for his working. I think that some person remain in the holidays he could done his online work. In this time he could be learn more about in crypto currency market, so that easily he could understand in cryptocurrency market. I am also agree in this issues. Because I think that in this time we can trying to know about crypto market. So I believe that holiday will be very helpful for me.
-
Christmas time is actually the time to relax, though it is peculiar with holders and investors to leave the market and enjoy with their families. I am still trading, looking for better opportunities to add to my portfolio, even as a trader, i have considered the Xmas time as the period to take a short positions and close my positions within the day.
Generally, i think this year has been wonderful, Bitcoin market has been doing great and breaking records; hopefully, better days are coming as we enter into 2025.
-
Isn't it usual for the market to drop at that moment? Because there is a lot of selling activity, this is related to the higher level of real world needs at that moment. and there are some investors who then use this moment to sell coins for the needs of that special moment. It's just that, maybe it won't happen in the dump, because I'm sure not all investors do it. So, there will be a dump that is just normal, not a deep dump. So, whatever happens to the market during that special hold, don't worry and don't panic, because it's only temporary, enjoy it as usual when the market corrects.
In fact, this is also a normal activity of the market. Because many traders have a specific target to sell their Bitcoin holdings and if we talk about those traders, then when Bitcoin is creating its new all-time high price, they are booking a profit of a certain amount of Bitcoin they are holding.
As a result, it is seen that there is a selling pressure in the market and as a result, a little dumping starts in the market and later on when panic sellers start selling, the market goes down even more.
-
Isn't it usual for the market to drop at that moment? Because there is a lot of selling activity, this is related to the higher level of real world needs at that moment. and there are some investors who then use this moment to sell coins for the needs of that special moment. It's just that, maybe it won't happen in the dump, because I'm sure not all investors do it. So, there will be a dump that is just normal, not a deep dump. So, whatever happens to the market during that special hold, don't worry and don't panic, because it's only temporary, enjoy it as usual when the market corrects.
In fact, this is also a normal activity of the market. Because many traders have a specific target to sell their Bitcoin holdings and if we talk about those traders, then when Bitcoin is creating its new all-time high price, they are booking a profit of a certain amount of Bitcoin they are holding.
As a result, it is seen that there is a selling pressure in the market and as a result, a little dumping starts in the market and later on when panic sellers start selling, the market goes down even more.
I also see it as a normal market activity because there are likely many investors who sold their bitcoins when the bitcoin price reached ATH $108K and some also sold it below that price causing the bitcoin price to experience a correction.
We must remain calm because the bitcoin price will go up again because there are likely many investors who are buying bitcoins again at this time.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
Investing and trading is self employment and all the traders out their are self employed they don't work for anyone but for themsleves and they chose this as their work because they love it and they will certainly spend time in market not the same as they spend before but they will give sometime to market too.
Chaning approach and looking at trades and market's current situation is normal many traders even cover there 2 day tasks earlier like if this happened then what should be my plan. Planning like this can save them spending time during the holidays on screen and they can spend that time with their family.
-
Those who want to make a profit by investing know very well when to invest and when to refrain from investing. We have to find some times when we can make a good amount of money by utilizing that time. We have to always keep in mind that if we invest, we cannot invest thinking that we will always make a profit. Sometimes we will make a profit and sometimes we will also play around. At that time, we have to use our own thinking to do something. To make a profit from investing, we must gain good experience in trading. If we start trading without experience, it will be a big risk for us. So I think that we cannot take such a risk that we will lose our money if we take a risk. Again, if we do not take big risks, then we will never be successful. To be successful, we must take risks, it has to be good and for a good time. If we make a wrong decision, it can cause big problems for us.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
I never took records of this because usually during holidays like this bitcoin price usually surge, and I have also been thinking about the cause and the secret why price usually increased even on holidays. Yes of course, as we know when the forex market closes people tends to focused more on bitcoin and other cryptocurrency, but then their attention do diverted to other altcoin because same time we also see them increasing but more, attention are put into bitcoin that is why we see bitcoin perform more other altcoin.
During the holidays, an investor can monitor the status of his assets very well. He can be busy with a trade when he takes it, but when he takes that trade on another day, he will not get that opportunity. That is why people's attention to trading is more during the holidays. I will agree with you that on the days when the Forex market is closed, i.e. during the holidays, there will be many investors who will trade to make profits from crypto. But there is no guarantee that the market will always move at the same level.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
On any occasion, whether it's Christmas or Eid If I am in trades, I am always going to give my time to setups and maybe look for new opportunities whenever I will have time, and most of the times we have that time in night, and on holidays, many wakeup late, so at night a trader can do all his analysis for the trades and find new tokens as well.
Although trading doesn't really need that much time, only the analysis needs hehe. The overall mindset of the investor should be a target to achieve if he has achieved that, then look for another target where you can use that profit to make more profit. I mostly tend to relax and spend time with my family and friends and not worry about the market, but on other days the spirit is a bit higher.
-
Those who want to make a profit by investing know very well when to invest and when to refrain from investing. We have to find some times when we can make a good amount of money by utilizing that time. We have to always keep in mind that if we invest, we cannot invest thinking that we will always make a profit. Sometimes we will make a profit and sometimes we will also play around. At that time, we have to use our own thinking to do something. To make a profit from investing, we must gain good experience in trading. If we start trading without experience, it will be a big risk for us. So I think that we cannot take such a risk that we will lose our money if we take a risk. Again, if we do not take big risks, then we will never be successful. To be successful, we must take risks, it has to be good and for a good time. If we make a wrong decision, it can cause big problems for us.
Op was asking about the approach not if we take risk or not and what will be the results if we take risk and if we don't take risks. We always had two options in front of us lose and profit there is nothing like playing around. On holidays if a person gives first priority to the trades and takes risk because he finds a good trade then that will be temporary but the first priority should be family if any.
A trader should never leave any opportunity even if its on the day of marriage. Opportunities is all we can get from the market and this time market dumped and alts bled and gave opportunities to all of us to buy before the party and we don't have to look for any opportunities now because we are making profit now.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
On any occasion, whether it's Christmas or Eid If I am in trades, I am always going to give my time to setups and maybe look for new opportunities whenever I will have time, and most of the times we have that time in night, and on holidays, many wakeup late, so at night a trader can do all his analysis for the trades and find new tokens as well.
Although trading doesn't really need that much time, only the analysis needs hehe. The overall mindset of the investor should be a target to achieve if he has achieved that, then look for another target where you can use that profit to make more profit. I mostly tend to relax and spend time with my family and friends and not worry about the market, but on other days the spirit is a bit higher.
If you decide to trade and have a lot of time to do it, you can focus on trading. I also spend more time with my family and watch the market in between if I see a positive trend I will trade. Doing analysis takes time and focus because I am not very skilled in making analysis and am still learning.
-
I also see it as a normal market activity because there are likely many investors who sold their bitcoins when the bitcoin price reached ATH $108K and some also sold it below that price causing the bitcoin price to experience a correction.
We must remain calm because the bitcoin price will go up again because there are likely many investors who are buying bitcoins again at this time.
And I think there is no other way to look at it because the market has already started to recover and besides, we all know that we have not seen the real altcoin season start yet. Altcoin season will start and when most altcoins start to break their all time high prices, then we will have to understand that Bitcoin's holiday has arrived and Bitcoin will soon be running out of bear season again. Since I don't see the market situation as being in a good state right now, I think we should put all other thoughts, if any, out of our minds.
-
This could be an opportunity, considering the previous few years during the Christmas holidays the price tends to increase from 2% - 9%... we can take advantage of this bearish moment too because Christmas and New Year will be a good opportunity...
Moreover, there is nothing wrong with accumulating more, because next month, Donald Trump will be inaugurated as US president... we have two potentials in less than 50 days... don't miss the train.
-
I also see it as a normal market activity because there are likely many investors who sold their bitcoins when the bitcoin price reached ATH $108K and some also sold it below that price causing the bitcoin price to experience a correction.
We must remain calm because the bitcoin price will go up again because there are likely many investors who are buying bitcoins again at this time.
And I think there is no other way to look at it because the market has already started to recover and besides, we all know that we have not seen the real altcoin season start yet. Altcoin season will start and when most altcoins start to break their all time high prices, then we will have to understand that Bitcoin's holiday has arrived and Bitcoin will soon be running out of bear season again. Since I don't see the market situation as being in a good state right now, I think we should put all other thoughts, if any, out of our minds.
Scheduling between trading and family is part of the procedure that demonstrates that there is time management. When we trade, especially when we are still learning, giving time to do analysis on the market becomes part of the process. If it is not always convenient, we need to study and get an understanding of trends in the market, and in the end it is going to be very useful. Education is a lifelong process and each failure or achievement gained on the way amasses to experience. That is why with proper and constant effort we can enhance our abilities to accurately forecast the outcome in a certain market area, and we should remember that it does not have to be the only important factor in life.
-
I also see it as a normal market activity because there are likely many investors who sold their bitcoins when the bitcoin price reached ATH $108K and some also sold it below that price causing the bitcoin price to experience a correction.
We must remain calm because the bitcoin price will go up again because there are likely many investors who are buying bitcoins again at this time.
And I think there is no other way to look at it because the market has already started to recover and besides, we all know that we have not seen the real altcoin season start yet. Altcoin season will start and when most altcoins start to break their all time high prices, then we will have to understand that Bitcoin's holiday has arrived and Bitcoin will soon be running out of bear season again. Since I don't see the market situation as being in a good state right now, I think we should put all other thoughts, if any, out of our minds.
I think the market is still fine, because this is just a correction. And I think the altcoin season has not arrived because there are still many altcoins that are far from ATH even though some have touched their ATH now.
And the current market condition is due to the impact of the correction from bitcoin after reaching its ATH.
-
Once we are not perfectly satisfied with the market indication for the festive period, it's a thing we can just hold to adjust for doing trades by the month of January which is next year, because we are just a few days to that, the market may not give the right speculation needed and we may not want to afford loosing more by this time when we should be rounding up our profits for the year, trading us not what we can just go into, except we have the strong believe to do so.
-
I think the market is still fine, because this is just a correction. And I think the altcoin season has not arrived because there are still many altcoins that are far from ATH even though some have touched their ATH now.
And the current market condition is due to the impact of the correction from bitcoin after reaching its ATH.
Agree. It is just normal correction, we don't need to feel worried. Sure, the peak of altcoins season seems not happening yet. But I think it already started, you can see many altcoins have increased their prices. Some altcoins hit a new ATH, while other still struggle to reach their ATH. yes, Bitcoin very often influences the prices of altcoins. But it will have no longer big influence toward the peak of altcoins season.
-
I think the market is still fine, because this is just a correction. And I think the altcoin season has not arrived because there are still many altcoins that are far from ATH even though some have touched their ATH now.
And the current market condition is due to the impact of the correction from bitcoin after reaching its ATH.
I am also saying the same thing market still fine because it is doing only the correction. And also the big organization ETF huge outflow is also one of the big reason.And as well I want to also say that yes it is also a cause Bitcoin reach on a New all time high price and I want to say in the near future in after every new all time high price record of the pump Bitcoin will make its correction on the market and that is natural.
We don't have to afraid about it and till the altcoin season started.
-
I think the market is still fine, because this is just a correction. And I think the altcoin season has not arrived because there are still many altcoins that are far from ATH even though some have touched their ATH now.
And the current market condition is due to the impact of the correction from bitcoin after reaching its ATH.
I am also saying the same thing market still fine because it is doing only the correction. And also the big organization ETF huge outflow is also one of the big reason.And as well I want to also say that yes it is also a cause Bitcoin reach on a New all time high price and I want to say in the near future in after every new all time high price record of the pump Bitcoin will make its correction on the market and that is natural.
We don't have to afraid about it and till the altcoin season started.
Yeah, there is nothing worry with current price action of Bitcoin in the market. All is well, and if there is a huge downfall it is just a correction. Honestly, base on my analysis, when the price reaches $70k I will still consider it as valid. Well, with current price of Bitcoin it's hard tell that it will happen with a single candlestick, and yes it's true, $70k is too far from the current price but with the big negative news about Bitcoin or cryptocurrency it will probably reach that price. And if that happens, that's the best time to invest all your remaining funds in this cycle.
-
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
I think it is normal because many investors may have the intention to gather with their family. So, they may convert their assets to fiats. And there will be no much demand anymore because they may stop temporarily. This actually already happened many times, it is not surprising if the market drops during christmas or the new year event. I'm very sure that the market will skyrocket again in January 2025. So just be patient for now...
Yeah, holiday is the time to relax with love one, a time to leave the market for the seasons.
However, there are types of investors that never convert the investment to faits because they are going for the holiday season, these investors includes long term investors, investors that are on impairment losses and holders etc. It can become a complete loss to convert an investment to faits when your investments has no yield during the holiday season.
Whatever happened to the prices of an assets during the holiday may be as results of low activitie but may rebound when the market officially opens.
Moreover, traders may be more in numbers that may leave the market during the holiday like this. This is just my opinion.
-
I also see it as a normal market activity because there are likely many investors who sold their bitcoins when the bitcoin price reached ATH $108K and some also sold it below that price causing the bitcoin price to experience a correction.
We must remain calm because the bitcoin price will go up again because there are likely many investors who are buying bitcoins again at this time.
And I think there is no other way to look at it because the market has already started to recover and besides, we all know that we have not seen the real altcoin season start yet. Altcoin season will start and when most altcoins start to break their all time high prices, then we will have to understand that Bitcoin's holiday has arrived and Bitcoin will soon be running out of bear season again. Since I don't see the market situation as being in a good state right now, I think we should put all other thoughts, if any, out of our minds.
I think the market is still fine, because this is just a correction. And I think the altcoin season has not arrived because there are still many altcoins that are far from ATH even though some have touched their ATH now.
And the current market condition is due to the impact of the correction from bitcoin after reaching its ATH.
The top altcoins have not yet overcome their previous all time high. That is why we can say that the market will be even more bullish than it is currently. According to some people they assume there is no guarantee that it will be bullish, but I will say that even if all altcoins do not reach all time high in a bull run, but some will reached to new ath that is not happening yet. Especially the way Ether advanced in the last bull run has not happened this year. On the other hand, none of the top altcoins, including XRP or Solana, Dogecoin have been able to see a new ATH. That is why we will say that a bullish movement is definitely waiting.
-
Yeah, there is nothing worry with current price action of Bitcoin in the market. All is well, and if there is a huge downfall it is just a correction. Honestly, base on my analysis, when the price reaches $70k I will still consider it as valid. Well, with current price of Bitcoin it's hard tell that it will happen with a single candlestick, and yes it's true, $70k is too far from the current price but with the big negative news about Bitcoin or cryptocurrency it will probably reach that price. And if that happens, that's the best time to invest all your remaining funds in this cycle.
Yeap, there is nothing to worry about this market.
But I am seeing that in the social media people are in FUD that maybe we are end of the Bull season and in this season also we will not see the altcoinseason. And they shows the causes as the whales were liquidating there fund. But I will tell believe in the past cycle and if we just go back and check that 2016 and 2020 then we will see that we are in the middle point after having to go the bull season on real high.
-
Yeah, there is nothing worry with current price action of Bitcoin in the market. All is well, and if there is a huge downfall it is just a correction. Honestly, base on my analysis, when the price reaches $70k I will still consider it as valid. Well, with current price of Bitcoin it's hard tell that it will happen with a single candlestick, and yes it's true, $70k is too far from the current price but with the big negative news about Bitcoin or cryptocurrency it will probably reach that price. And if that happens, that's the best time to invest all your remaining funds in this cycle.
Yeap, there is nothing to worry about this market.
But I am seeing that in the social media people are in FUD that maybe we are end of the Bull season and in this season also we will not see the altcoinseason. And they shows the causes as the whales were liquidating there fund. But I will tell believe in the past cycle and if we just go back and check that 2016 and 2020 then we will see that we are in the middle point after having to go the bull season on real high.
Bullrun will happen next year so we don't need to care about FUD on social media that says bullrun is over because for me this is just the beginning of bullrun. Next year we will see crypto prices soaring high. Moreover after trimp is inaugurated it will likely have a positive impact on the crypto market. I am also still calm and still holding my kojn coins and I am targeting to sell in Q21 next year.
-
I guess most people spend time with family during the holidays, but very few investors want to make money from crypto on that side as well. Since we accept crypto as a secondary source of income, most people spend their free time on crypto. The most important thing is to rest because a good mindset can lead to good profits from any business. Anything that happens to asset prices during the holidays can be a result of less activity, so there are many investors who sell some assets before the holidays. There are many people who buy something towards this holiday because there may be a small dump in the market due to the absence of some investors.
-
I guess most people spend time with family during the holidays, but very few investors want to make money from crypto on that side as well. Since we accept crypto as a secondary source of income, most people spend their free time on crypto. The most important thing is to rest because a good mindset can lead to good profits from any business. Anything that happens to asset prices during the holidays can be a result of less activity, so there are many investors who sell some assets before the holidays. There are many people who buy something towards this holiday because there may be a small dump in the market due to the absence of some investors.
As usual during the New Year holidays there will be a decline because many investors focus on vacation with their families so that trading volume decreases. I am sure that after the holidays are over the price will go back up, I also bought some coins this week for short-term investment.
-
I have seen some that will always like to close their trade for the holiday season while some wont do that, because everyone have their own way of approach used in trading, but these kind of method to close trade by the end of the year is more familiar with the forex trader while in crypto, we have the whole season to think and plan ourself for more and better trades once we are convinced to do so.
-
Bullrun will happen next year so we don't need to care about FUD on social media that says bullrun is over because for me this is just the beginning of bullrun. Next year we will see crypto prices soaring high. Moreover after trimp is inaugurated it will likely have a positive impact on the crypto market. I am also still calm and still holding my kojn coins and I am targeting to sell in Q21 next year.
You are right. I also think that we should avoid various FUDs on social media at the moment because currently I see that most of the investment related FUDs are spreading and are having a slightly better impact on the market here. So I think now we should not believe in these FUD traps but analyze for ourselves what the price of bitcoin was like in the previous bull season and when it started its bull price.
-
Bullrun will happen next year so we don't need to care about FUD on social media that says bullrun is over because for me this is just the beginning of bullrun. Next year we will see crypto prices soaring high. Moreover after trimp is inaugurated it will likely have a positive impact on the crypto market. I am also still calm and still holding my kojn coins and I am targeting to sell in Q21 next year.
You are right. I also think that we should avoid various FUDs on social media at the moment because currently I see that most of the investment related FUDs are spreading and are having a slightly better impact on the market here. So I think now we should not believe in these FUD traps but analyze for ourselves what the price of bitcoin was like in the previous bull season and when it started its bull price.
We must do research and have good analysis to avoid FUD, I agree with you we should do research if there is FUD and check its truth because lately FUD has been rampant ahead of the bullish season. for those who have long invested in crypto always understand FUD and choose to remain consistent with their initial goals.
-
I also think that we should avoid various FUDs on social media at the moment because currently I see that most of the investment related FUDs are spreading and are having a slightly better impact on the market here.
As we are already aware, there will always be FUDS in the crypto market and usually they can easily spread in social media as people seem to be attracted to unconfirmed and speculative information that can affect their decisions either positively or negatively. As people who have been in this market for years, we are already experienced on this phenomenon and we can already know a FUD when we see one. Just the way I am seeing, FUDS actually add more excitement in the market though they can also lead some to make bad actions and that is something we should clearly get away from. This year am sure there will be more FUDS like an avalanche and we should be warned about it.
-
As we are already aware, there will always be FUDS in the crypto market and usually they can easily spread in social media as people seem to be attracted to unconfirmed and speculative information that can affect their decisions either positively or negatively. As people who have been in this market for years, we are already experienced on this phenomenon and we can already know a FUD when we see one. Just the way I am seeing, FUDS actually add more excitement in the market though they can also lead some to make bad actions and that is something we should clearly get away from. This year am sure there will be more FUDS like an avalanche and we should be warned about it.
Well said mate. Lots of people having in trouble because of only the FUD effects from the social media. Impact I have also some experience in my previous time but currently I am try to skip these thing in my investment.
Even though I think if we really want to make profit from cryptocurrency investment we must have to think about the opposite of FUD not affect by the FUD.
-
As we are already aware, there will always be FUDS in the crypto market and usually they can easily spread in social media as people seem to be attracted to unconfirmed and speculative information that can affect their decisions either positively or negatively. As people who have been in this market for years, we are already experienced on this phenomenon and we can already know a FUD when we see one. Just the way I am seeing, FUDS actually add more excitement in the market though they can also lead some to make bad actions and that is something we should clearly get away from. This year am sure there will be more FUDS like an avalanche and we should be warned about it.
Well said mate. Lots of people having in trouble because of only the FUD effects from the social media. Impact I have also some experience in my previous time but currently I am try to skip these thing in my investment.
Even though I think if we really want to make profit from cryptocurrency investment we must have to think about the opposite of FUD not affect by the FUD.
If we hold the top coins, we don't actually need to be affected by FUD, because if there is a correction to the impact of FUD, we just wait, the coins will go up again.
and that's what I've been observing. Top coins have a good reputation.
for people who have been investing in crypto for a long time will be calmer and wait when there is FUD.
-
If we hold the top coins, we don't actually need to be affected by FUD, because if there is a correction to the impact of FUD, we just wait, the coins will go up again.
and that's what I've been observing. Top coins have a good reputation.
for people who have been investing in crypto for a long time will be calmer and wait when there is FUD.
Correction and retracement, if we see it on the market, does not mean it is due to FUD. If you have heard some people say bad things about Bitcoin, this is not a correction or retracement; it is quite normal to see the price being corrected or retraced.
FUDs can cause panic among those who hold cryptocurrencies; if you are affected by these, I am sure you are among those who are rushing to sell your assets.
However, not all FUDs can affect all people; sometimes they use it as a signal to sell and buy later for a cheaper price. Traders are more aware of this because it provides another opportunity to buy at a lower price and then sell if it meets their target.
-
]
If you decide to trade and have a lot of time to do it, you can focus on trading. I also spend more time with my family and watch the market in between if I see a positive trend I will trade. Doing analysis takes time and focus because I am not very skilled in making analysis and am still learning.
I am also learning and am not very expert at making accurate predictions, but day by day I am improving as I learn to read candles, which I think was one of my big mistakes not to learn it before, I learned MACD recently again with more ideas about how it's higher high and lower low works and how exactly in different timeframes we can make better predictions along with Elliot wave and Fib.
I was trading on the basis of RSI and 4EMA before, which is still very efficient, but with these 3 to 4 extra indicators, our analysis becomes more accurate, and it also makes sense. Besides this, we must have the idea of high to see the volume and tracking whales must be in our list to.
Overall analysis surely take time that's why we must have more than 5 influencers on Twitter or on TG to get quick analysis of any coin they share and to make trade accordingly.
-
As usually, market have looks not so good since two week left before Christmast day and bitcoin have significant drop. Looks many holder sell their bitcoin assets for holiday and return nack to the market at the middle of next year.
Bitcoin drop until $92k last few hours ago but looks faster for recovering to higher price, indeed take longer time or not for bitcoin return back above $100k or not. But have two week moment left woth opportuni keep at downtrend moment or not behind how many time bitcoin get drop in this week.
Is it that long until mid-2025? I think this is too long, as we know the peak of the bullrun could be in 2025, but we don't know for sure when, and this is not only during the bullrun, every year in the fourth week of January the market starts to show signs of movement to become volatile again.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
Based on observations, the crypto market is not always on a friendly market trend when the festive season comes. We face down trend, for some reasons of the holidays, where big investors wants to take out profits and enjoy the holidays with their loved ones.
For me, I'm not a big investor or trader, so I use the season to fill some bags with the available cash at hand, while making the season fulfilling.
-
Based on observations, the crypto market is not always on a friendly market trend when the festive season comes. We face down trend, for some reasons of the holidays, where big investors wants to take out profits and enjoy the holidays with their loved ones.
For me, I'm not a big investor or trader, so I use the season to fill some bags with the available cash at hand, while making the season fulfilling.
Yep. Now ,for example, we see a dip due to US news about the Silk Road and how they would slowly dump about 6,5 billion of $ in BTC down onto the market.
Lots of news and opportunities coming right up from the start of the year.. Better start filling the bags now than later.
-
traditional markets like stocks and bonds usually close on christmas eve and the entire day of christmas the closing of other markets lead investors to focusing more on the crypto market which could be the explanation why crypto typically sees a surge in price during the holidays i do think that during the holidays investors can be more aggressive and really determined to make some money
what do you think is the overall mindset of an investor during this time of the year? do you tend to relax a bit during the holidays or do you work extra hard to make money and celebrate the holiday a little more festive? do you change anything in your approach during christmas and new year's?
I agree with you with facts that investors can be more aggressive because the pressure to make some extra money to enjoy the holiday is there which can make some investors increase their risks
-
There are certain times in this crypto trading that require us to anticipate significant price changes, such as during the Christmas and New Year holidays.
Many people sell their cryptocurrency assets for the holidays, if we understand this will happen. Then we must anticipate it to reduce the risk of loss that we will experience, or we can take this moment to get maximum profit.
-
I agree with you with facts that investors can be more aggressive because the pressure to make some extra money to enjoy the holiday is there which can make some investors increase their risks
Investors become aggressive? Honestly, I just know this term, so far I only know that investor becomes greedy. :D
Of course, any investor want to get extra money to fulfill their life necessities. It is not only for spending in holidays. However, it will be too risky if investors have too high hope for extra money. Moreover if they set unrealistic target for gaining profits.
-
As we are already aware, there will always be FUDS in the crypto market and usually they can easily spread in social media as people seem to be attracted to unconfirmed and speculative information that can affect their decisions either positively or negatively. As people who have been in this market for years, we are already experienced on this phenomenon and we can already know a FUD when we see one. Just the way I am seeing, FUDS actually add more excitement in the market though they can also lead some to make bad actions and that is something we should clearly get away from. This year am sure there will be more FUDS like an avalanche and we should be warned about it.
Well said mate. Lots of people having in trouble because of only the FUD effects from the social media. Impact I have also some experience in my previous time but currently I am try to skip these thing in my investment.
Even though I think if we really want to make profit from cryptocurrency investment we must have to think about the opposite of FUD not affect by the FUD.
FUD always becomes a problem that makes the market drop very easily. Yes, because in fact there are still many people who are easily fooled by FUD. And what's worse, this is sometimes favored by whales who really want to make the market drop first to scoop up more at an easier price. So, again, the victims of FUD and losses are people who are easy to panic sell, and also new investors who sometimes don't have much capital. And I personally have also felt it at the beginning of entering crypto investment, there is a fear of the end when the market suddenly drops in just a few hours.
-
FUD always becomes a problem that makes the market drop very easily. Yes, because in fact there are still many people who are easily fooled by FUD. And what's worse, this is sometimes favored by whales who really want to make the market drop first to scoop up more at an easier price. So, again, the victims of FUD and losses are people who are easy to panic sell, and also new investors who sometimes don't have much capital. And I personally have also felt it at the beginning of entering crypto investment, there is a fear of the end when the market suddenly drops in just a few hours.
If I tell that true then I have to say that not many people there are most of the people were easily get affected by FUD on the market and if just check the previous FUD affect most of there are many people those what thinking that the bull season has been ended. But unfortunately or fortunately whatever we say it market is recovering itself and yes I also think there are more way to go in this bull season nothing is over yet.
-
If I tell that true then I have to say that not many people there are most of the people were easily get affected by FUD on the market and if just check the previous FUD affect most of there are many people those what thinking that the bull season has been ended. But unfortunately or fortunately whatever we say it market is recovering itself and yes I also think there are more way to go in this bull season nothing is over yet.
People who are easily affected by FUD are retail traders who are always panicked by the state of the market right now.
When the FUD has spread then there will be more selling pressure going on and this is an opportunity for whales to start buying cheaply.
This kind of manipulation has been arranged by whales so that they get a cheaper price, and then if it is enough, there will be an increase that makes everyone FOMO and start buying again.
It is a market game and whoever can survive and buy at a lower price will get a lot of profit.
-
People who are easily affected by FUD are retail traders who are always panicked by the state of the market right now.
When the FUD has spread then there will be more selling pressure going on and this is an opportunity for whales to start buying cheaply.
This kind of manipulation has been arranged by whales so that they get a cheaper price, and then if it is enough, there will be an increase that makes everyone FOMO and start buying again.
It is a market game and whoever can survive and buy at a lower price will get a lot of profit.
Whales are I think one of those who manipulate news for fundamentals like FUD.
Investors and retail traders are affected to this that would start to panic sell.
As you can see on major support area at around $92k these whales manage to buy large amount at that area that push the price momentum to go uptrend again just like what happen this week.
That is why if we see FUD that is a good opportunity for small retail trader to buy cheap if you manage to buy at $91k you already made profit today.
-
-snip-
That is why if we see FUD that is a good opportunity for small retail trader to buy cheap if you manage to buy at $91k you already made profit today.
but the reality is that when FUD has really spread and the price is very low, retail traders are running out of money to buy at the lowest price, this also happened to me when I was sure that the price was low enough I bought it, but it kept dropping to a price that I didn't predict.
Money management is really needed to be able to buy at a low price and also have to know where the bounce will be desired by the whales.
Thinking like whales and following in their footsteps may be a lesson I have to understand this time.
-
-snip-
That is why if we see FUD that is a good opportunity for small retail trader to buy cheap if you manage to buy at $91k you already made profit today.
but the reality is that when FUD has really spread and the price is very low, retail traders are running out of money to buy at the lowest price, this also happened to me when I was sure that the price was low enough I bought it, but it kept dropping to a price that I didn't predict.
Money management is really needed to be able to buy at a low price and also have to know where the bounce will be desired by the whales.
Thinking like whales and following in their footsteps may be a lesson I have to understand this time.
Its important thing of money management how to get opportunity buy back at lower price, many trader difficult controlling or set up well money management and all in for any coins to trade without spend few percent of their fund prepare if bitcoin or altcoin get significant dump.
If can control well with money management we always have bigger opportunity buy any coins at lower price and sell later when raising up to higher price, however money management needed much fund firstly and difficult for trader with lower capital.
-
It seems that those who have gone on market holidays so far have also heard that the market will not go above 100K and it will be moving towards the beer season.
Anyway, I think today the Bitcoin market has proven once again that it always follows its own rules. Although FUD impacts the market, it impacts for a short period of time but cannot control the market for a long time. However, it is expected that Bitcoin will touch another new all-time high price when Trump is sworn in on January 20th.
-
-snip-
If can control well with money management we always have bigger opportunity buy any coins at lower price and sell later when raising up to higher price, however money management needed much fund firstly and difficult for trader with lower capital.
It is very difficult to do proper money management and make gradual purchases or DCAs at lower prices.
It also depends on your psychology to start buying and what allocation to use to buy gradually.
It wasn't easy, even I was too quick to buy and then spend my reserve money before the lowest price was reached.
The important thing is not to sell at a loss even if you can't manage money well, set a low purchase target and sell higher for profit.
-
It seems that those who have gone on market holidays so far have also heard that the market will not go above 100K and it will be moving towards the beer season.
Anyway, I think today the Bitcoin market has proven once again that it always follows its own rules. Although FUD impacts the market, it impacts for a short period of time but cannot control the market for a long time. However, it is expected that Bitcoin will touch another new all-time high price when Trump is sworn in on January 20th.
Everything is possible in cryptocurrency market it also true market could be up or down any time. But now we are seeing up market position. Now Bitcoin's price near about $105k. I think it will go more up day by day. You told after touch $100k it will come back. But after touch $100k of bitcoin price it increasing firstly. I think this will be continue.
-
A trader who is always interested in earning money will definitely enjoy the weekend. It will be difficult to spend his free time. Cryptocurrency trading is open when some platforms are closed on holidays, which means that if the trader wants, he will do better research on cryptocurrencies at that time and he will think about how to make more money. I think crypto trading can be more enjoyable for those who can't do anything on holidays. However, It is best not to trade or do any other work on any particular holiday.
-
It seems that those who have gone on market holidays so far have also heard that the market will not go above 100K and it will be moving towards the beer season.
Anyway, I think today the Bitcoin market has proven once again that it always follows its own rules. Although FUD impacts the market, it impacts for a short period of time but cannot control the market for a long time. However, it is expected that Bitcoin will touch another new all-time high price when Trump is sworn in on January 20th.
Everything is possible in cryptocurrency market it also true market could be up or down any time. But now we are seeing up market position. Now Bitcoin's price near about $105k. I think it will go more up day by day. You told after touch $100k it will come back. But after touch $100k of bitcoin price it increasing firstly. I think this will be continue.
Every time bitcoin goes up we will also see a correction because that is the character of bitcoin. currently the price of bitcoin is $104K, let's just wait whether bitcoin will go up and touch ATH or will experience a correction.
because it seems the crypto market is waiting for donald trump's inauguration.
-
Everything is possible in cryptocurrency market it also true market could be up or down any time. But now we are seeing up market position. Now Bitcoin's price near about $105k. I think it will go more up day by day. You told after touch $100k it will come back. But after touch $100k of bitcoin price it increasing firstly. I think this will be continue.
Yes it is true that everything can be possible in the market as the way Bitcoin can dump I think in the same way bitcoin also have the ability to recover it self.
And if we see the current market we have to also agree with that market is doing that recover especially based on the Trump inauguration. I am seeing that tomorrow and today Bitcoin is just arounding in the 105k range which can be also strong point for pumping.