foreseeing a plunge of price, what would you do?

[Crwth]

If I predicted that the market is going down, I believe that it should be shorted. I don't want to short BTC too much but it's an opportunity to make money so I just need to make sure that I manage the risk.

I have an outlook of BTC to be increasing in price in the long term so that's the reason I don't want to short too much.

[milewilda]

If I predicted that the market is going down, I believe that it should be shorted. I don't want to short BTC too much but it's an opportunity to make money so I just need to make sure that I manage the risk.

I have an outlook of BTC to be increasing in price in the long term so that's the reason I don't want to short too much.

For those who do like or want to see short term profits then if ever they would really be seeing those opportunity or chances for them neither to make long or short positions then they
would really be doing it. Yes, there's no way that we could be able to predict on where market would be going on which we know that when it comes to predictability
then there's no trader or investor would really be having that future sight on what would happen. Indicators arent that 100% precise but of course it would be something
that will really be that giving out that at least on where prices could potentially go.

[electronicash]

If I predicted that the market is going down, I believe that it should be shorted. I don't want to short BTC too much but it's an opportunity to make money so I just need to make sure that I manage the risk.

I have an outlook of BTC to be increasing in price in the long term so that's the reason I don't want to short too much.

For those who do like or want to see short term profits then if ever they would really be seeing those opportunity or chances for them neither to make long or short positions then they
would really be doing it. Yes, there's no way that we could be able to predict on where market would be going on which we know that when it comes to predictability
then there's no trader or investor would really be having that future sight on what would happen. Indicators arent that 100% precise but of course it would be something
that will really be that giving out that at least on where prices could potentially go.

when opportunity knocks, its hard to resist when they now they can make money out of this crisis. now that they see panic due to the German government depositing large quantity of BTC on exchanges, it may really be a reason that institutions are also driving price down as they also be shorting in the futures market.

they are not predicting the price anymore but manipulating in their favor.  as long as they could squeeze profit from the futures market, its an opportunity. the spot traders are also going to be doing the same as part of their accumulation.

[Charles-Tim]

maybe the price has to dip that low in order for the market to have a good momentum in the next bull run, would you dump your coins and wait for the dump to buy at $40k on spot or would you rather go shorting on futures?

The bull run is not yet over but just that the bull run can not just continue without some bear periods dominating market. If bitcoin continues to fall and I have enough money to DCA, I will continue with DCA. But I am wondering why this topic was not created in the bitcoin board because this is trading discussion board. Traders may have different strategies because they prefer to take the best advantage at the shortest time if possible, unlike holders.

[Captain Corporate]

Lol, I would continue to buy more, and more and more. I get that it may not feel like that at times, but I also think that DCA is by far the best method and I think even if you "think" price will fall, that doesn't mean it will, it just a speculation like any other person would. You "foresee" the price dropping, but that doesn't mean that we are going to end up with anything at all, it just means that we are going to end up with anything, could be down or could be up. I think the best in that situation is still buying, and if it falls like you imagined, then you can keep buying more and more until it doesn't go down anymore.

[SmartGold01]

Now this question is a simultaneous questions and this how I would love to answer them, currently i do more better on spot trading than future. For spot trading I won't dump my coin to go buy at 40k dip instead I will buy more when dip instead to go waste my resources. For about future trading I will go for long periods trade where to enter on the opposite till it gets to 40k but require enough equity to cover up the long trade but usually 40k could be hard to achieve instead I close it on 60k mark.

[milewilda]

If I predicted that the market is going down, I believe that it should be shorted. I don't want to short BTC too much but it's an opportunity to make money so I just need to make sure that I manage the risk.

I have an outlook of BTC to be increasing in price in the long term so that's the reason I don't want to short too much.

For those who do like or want to see short term profits then if ever they would really be seeing those opportunity or chances for them neither to make long or short positions then they
would really be doing it. Yes, there's no way that we could be able to predict on where market would be going on which we know that when it comes to predictability
then there's no trader or investor would really be having that future sight on what would happen. Indicators arent that 100% precise but of course it would be something
that will really be that giving out that at least on where prices could potentially go.

when opportunity knocks, its hard to resist when they now they can make money out of this crisis. now that they see panic due to the German government depositing large quantity of BTC on exchanges, it may really be a reason that institutions are also driving price down as they also be shorting in the futures market.

they are not predicting the price anymore but manipulating in their favor.  as long as they could squeeze profit from the futures market, its an opportunity. the spot traders are also going to be doing the same as part of their accumulation.

We do know that when institutions do really tend to make that involvement and since they do have that financial capacity on doing so then its not really that something new anymore that they will really be always having that advantage if we do speak about financial aspects on which means that manipulation could really be that possible, but somehow crypto market cant really be that easily be manipulated which is unlike into those traditional markets like forex and stocks on which they would really be having that kind of advantage. This is why
making yourself wise in terms of grabbing opportunities on the moment that you do see about good entries.

[taufik123]

An excellent opportunity when the dump can get to $40k and so the price of the Dip is awaited.
I'm going to start buying and filling my bag with Bitcoin and some of the top altcoins that are certainly very affected by the bitcoin dump.

Leaving money on reserve will be very useful when the dump can reach $40k, it is still in the $60k price area and still at a good price to buy before the $100k ATH is reached.

[Vx1]

An excellent opportunity when the dump can get to $40k and so the price of the Dip is awaited.
I'm going to start buying and filling my bag with Bitcoin and some of the top altcoins that are certainly very affected by the bitcoin dump.

Leaving money on reserve will be very useful when the dump can reach $40k, it is still in the $60k price area and still at a good price to buy before the $100k ATH is reached.

If we believe the price will fall, then it is very appropriate if we have to collect ammunition to increase the load again.  Because if we have the opportunity to buy coins at the lowest price, our potential for profit will be very large.  And I believe, this is what all crypto traders and investors are waiting for the most.

[electronicash]

An excellent opportunity when the dump can get to $40k and so the price of the Dip is awaited.
I'm going to start buying and filling my bag with Bitcoin and some of the top altcoins that are certainly very affected by the bitcoin dump.

Leaving money on reserve will be very useful when the dump can reach $40k, it is still in the $60k price area and still at a good price to buy before the $100k ATH is reached.

If we believe the price will fall, then it is very appropriate if we have to collect ammunition to increase the load again.  Because if we have the opportunity to buy coins at the lowest price, our potential for profit will be very large.  And I believe, this is what all crypto traders and investors are waiting for the most.

we don't really know the bottom though. its why most  investors are just DCAing because they as well regardless of how long they are in crypto and trading, they may still misunderstood the signals that indicators say to them. its always just our own interpretation.

there are several support lines where the market will likely bounce such as in the $56k and also in the $52k. so don't give too much weight on that $40k bottom.  the price may even just go sideways from now on and will bounce eventually when the supply run low.

[pieppiep]

An excellent opportunity when the dump can get to $40k and so the price of the Dip is awaited.
I'm going to start buying and filling my bag with Bitcoin and some of the top altcoins that are certainly very affected by the bitcoin dump.

Leaving money on reserve will be very useful when the dump can reach $40k, it is still in the $60k price area and still at a good price to buy before the $100k ATH is reached.

If we believe the price will fall, then it is very appropriate if we have to collect ammunition to increase the load again.  Because if we have the opportunity to buy coins at the lowest price, our potential for profit will be very large.  And I believe, this is what all crypto traders and investors are waiting for the most.

we don't really know the bottom though. its why most  investors are just DCAing because they as well regardless of how long they are in crypto and trading, they may still misunderstood the signals that indicators say to them. its always just our own interpretation.

there are several support lines where the market will likely bounce such as in the $56k and also in the $52k. so don't give too much weight on that $40k bottom.  the price may even just go sideways from now on and will bounce eventually when the supply run low.

There is no guarantee that the Bitcoin price will bounce again as you mentioned. So far it has entered the bearish season where the Bitcoin price should be able to fall again and start its journey to $20k again like the peak of the last bearish season. When you see market conditions like this, many traders will feel depressed. Bitcoin prices can soar high again after entering the halving season in the next 4 years because usually Bitcoin prices will soar high when an event like that approaches.

[milewilda]

So now, the plunge did happen and there could really be that possible hit on reaching out that $42k floor. Yes, its too deep but it could be possible.
One of the hardest thing to consider and knows on whats the actual reason behind these movements? We dont have any sentiments around
on which it would justify the drop. This is why to those who are really that eyeing for drops then this would really be the sweet spot to get in.

[Vx1]

So now, the plunge did happen and there could really be that possible hit on reaching out that $42k floor. Yes, its too deep but it could be possible.
One of the hardest thing to consider and knows on whats the actual reason behind these movements? We dont have any sentiments around
on which it would justify the drop. This is why to those who are really that eyeing for drops then this would really be the sweet spot to get in.

Bitcoin prices have been falling for several days, but it seems difficult to reach this price.  If I am optimistic and predict prices will rise soon, before finally falling again. 
Because this incident often repeats itself, when the price of Bitcoin goes down for a few days, it usually goes up again. 
I can't predict how much this increase will occur, but if you believe me you can buy Bitcoin now.

[taufik123]

If we believe the price will fall, then it is very appropriate if we have to collect ammunition to increase the load again.  Because if we have the opportunity to buy coins at the lowest price, our potential for profit will be very large.  And I believe, this is what all crypto traders and investors are waiting for the most.

It was highly anticipated and now Bitcoin is starting to fall at the price of $60k and is now in the $56k price area.
This is a fairly deep decline, and the possibility of even lower could occur.



From the TA side: not good.
- There is a potential for a double top on the weekly candle 🚩
- The closest support is at 56k, if it breaks we will go to $52k, and it is likely that the feeling will break. (Feeling blum is certainly right)
- German Gov has not finished selling 🚩
- Justin Sun wants to take over all of Germany's Bitcoin gov

Conclusion: in the short term, there is no positive narrative u/ reversal of Bitcoin. 

In the long term, Bitcoin remains at $100,000

Solution: expand your timeframe

[electronicash]

^
couldn't say it wouldn't break the rest of the support you mentioned because there is much to speculate especially when the Gox coins are distributed. of course people will believe it will really be distributed although i doubt that, the rumor has been spread.

if the worse happens yes i think that $40k will also be broken and the price goes under. governments selling their BTC is the worse fud they've made.
when the price swings sideways for a long time like a month in one of these supports, that's when we can see a bounce and maybe a bull season.