yeah folks I_am has been sharing good hints and knowledge!!
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I am total newbie , started just two months back but I normally split my sell in small parts booking profits as token is going up ⦠that way I easily have touched high of most of token I have held .
But sorry this seems like too obvious ,
But this is how I do
Iām pretty decent when it comes to TA, but itās managing emotions more than anything that is my biggest problem. I just really need to stop focusing on maximizing profit and focus more on taking profits when I can.
Itās not about missing purchases, itās more about the profit taking strategy. Like I said in my previous post, itās better if I focus on gradual profits versus maximizing profit; itās a marathon, not a race.
Iām still waiting for bitcoin to bottom. This still a bull trap imo
Based on?
I disagree. Lots of altcoins (ie: one I like to talk about) hitting ATHs now.
Based on the long term chart. It looks like a classic bubble pop with following bull trap
Understood. I misinterpreted your post from a few days ago.
Yeah tbh Iām a FA guy rather than a TA guy although I do look at the charts to make certain moves. I focus on the fundamentals and utility of a project so none of what bitcoin does means much to me in the long run especially since Iām not directly exposed to it. Most speculation-driven alts are still tied to it though.
Iām not convinced but we shall see, who knows you could be right. Whatās your target?
Iād like to see it go below 10k but itās doubtful. I donāt have a TA target
Yeah I donāt see that happening any time soon. IMO I see the market surging upwards instead
We will see
Weāll know by the end of this week, since itās mid cycle. If we donāt have a sharp decrease for bitcoin⦠to the moon!
Hey guys, Iām thinking that BTC wonāt go any higher than 51k, if it will keep on pumping, and after that pump my target would be 20-25k
Whatās your opinions on this bull trap?
Looking at how things look, I think this is not a bull trap. Correction potentially mid sept then bull till eoy.
Bearmarkets are not this short, as far as I am aware it was just the beginning.
But we will see in the following weeks, if BTC breaks the ascending trend line itāll go down for a while
My belief is that weāre still in a bull market and will be until eoy. weāll see in 2 days how this cycle ends.
Yea, we will have a dip in sept, but I do not think that is the end of bull market.
200k+ $ BTC easily this year.
The way up to that can be bumpy though.
Now that we have a really good mid cycle, I hope everyone doesnāt believe in bull traps for the rest of the year. What think happens next:
- Bullish for the rest of the cycle
- Correction mid-end sept
- Moon eoy