Market shifting. Stay sharp.

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mark_whaleSenior Member
Posts: 238 · Reputation: 968
#1Oct 16, 2021, 07:25 AM
Looks like we’re seeing a dip, everyone. Expect some losses and liquidations to kick in. Those who went short might be raking in some profits. So, here’s the deal: 1. Keep an eye on your trades. 2. Manage the risks on your open positions whenever you can. 3. Lock in profits if you’re able to. 4. For those looking to buy the dip, this could be a solid chance, especially for the bullish crowd. Happy trading!
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max.wolfFull Member
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#2Oct 16, 2021, 08:38 AM
Yes, it may be a good time to buy good digital assets. The price of Bitcoin has gone below $100,000. However, who doubts that it will be above this level ($100,000) again in some time? I expect the market to recover in the spring (April - May 2025). Until then, the price may move unpredictably. It may fluctuate above and below the $100,000 level. We may see great volatility in the price. However, in my opinion, any purchases of promising cryptocurrencies should bring profit in the medium term.
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stack_2017Senior Member
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#3Oct 18, 2021, 04:56 AM
I must say, it feels as if the price (at least for bitcoin) is being supressed, ETFs, very pro crypto administration, state-level bitcoin strategic reserves being introduced left and right and yet...the price remain unfazed, it makes you wonder whether this is pure manipulation.
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leo.wolfHero Member
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#4Oct 18, 2021, 09:08 AM
Most investors got carried away with the excitement that this year will be bullish staring from this Q1 base on past trends, this market fluctuations is not suppose to be a big worry but the anticipation of bullish momentum is actually what is bringing this market panic. Just as said the only way to win in this market is to actually stick to long term holding something I called diamond hand, short term trades at this period is usually risky this is similar to future trading right now and it is one type of trading that one needs to avoid this period as we can see multiple news of liquidation reports of millions.
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fox_2021Senior Member
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#5Oct 18, 2021, 12:35 PM
Might be a temporary correction. What is it gonna change if bitcoin crashes to $50k? As far as I am concerned,  nothing. The network will still be operational and 1 btc = 1 btc. Ask yourself only this question if you are wondering what to do. “Will I be sorry if bitcoin crashes to $50k?” If you say “yes” then you should sell some because obviously you are holding more btc than you should. Bitcoin crashes happen all the time if it doesn’t do it now, it will do it when it reaches another ATH. No asset can go up straight forever. Some downs have to happen too.
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alex2014Full Member
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#6Oct 18, 2021, 07:04 PM
Many thought that bitcoin and the entire crypto market were going to continue with the bullish momentum it put up from the end of 2024 to early January all through the political events of January 2025, somewhere aiming bitcoin to rally up to $150.000+ but forgetting that bitcoin is a two-way unpredictable market same with the entire crypto market. There will always be a short-term market reaction and in as much as the price of Bitcoin can rise to almost 115k before diving back to the current price, it won't take bitcoin any time to recover back to the previous all-time high when and if the momentum happens. For now, the best approach is to leverage the spot market only to reduce the risk level while trying to take advantage of current market conditions.
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bear2021Full Member
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#7Oct 18, 2021, 08:45 PM
Dips may be seen happening right now, but I don’t think this will stay for long. After couple of days, we will see btc price reaching $100k again and above, there’s nothing new with it. However, this could be a good opportunity to accumulate more bitcoin while the price is quite affordable. While wise investors often see this as an opportunity, those short term investors might probably panicking right now and sell off their coins at a loss.
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r3al_b3arMember
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#8Oct 18, 2021, 10:45 PM
I don't understand why there is such a sudden huge dump in the market, is there any manipulation going on here? I haven't seen any negative news yet, maybe I'm missing it. Although I'm not giving up hope yet, but also I'm wondering if this is just a market correction or if the market is heading back towards a bear market? I worried because I don't book any profit yet. Hopefully the liquidation will be minimal and the market will recover again in a very short time. Anyway, do you think Bitcoin will recover again and cross 110k?
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maxi2017Senior Member
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#9Oct 19, 2021, 12:52 AM
I have no doubt that bitcoin will be over 100k again and personally I think this dip presents a great buying opportunity.  Just remember, all investing has potential risks and rewards, so...
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the_stackFull Member
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#10Oct 21, 2021, 07:59 AM
We experience bitcoin trying to keep a retracement but the buyers dont want to pull it back and last week we know that theres a lot of events happens so reason why they sustain the current market stand but this weekend of course we have a lower volume it seems we can now make a re-test again if the bitcoin can sustain the 90k or we are now seeing the next support possible with the 80k-ish price again. Currently still holding some few if this is another opportunity.
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degen_nonceFull Member
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#11Oct 21, 2021, 11:13 AM
I have been observing the market and I feels it would drop more as I have funded my account to increase my balance a bit, if you look at the speculation section not too long I created a topic to know how long this could drop to enable stay vigilant on increase my holding a bit. At least I am only focusing on spot trading this could enable me to have control over my fund without much trading fever that involves in future and other trading. This is not time to panicked and sell of our holdings, Instead we should try as much as possible to keep increasing our holdings by applying DCA.
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its_foxSenior Member
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#12Oct 23, 2021, 12:28 AM
With its movement, its 50/50 I think. Maybe the investors and whales and traders cant supress each others thought. Some of them are bullish and some wanter to profit and trying to short it. Bitcoin is the prime mover on marketcap, if its moves good thats the only time alts will follow through.
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DarkMinerFull Member
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#13Oct 23, 2021, 04:10 PM
I think it will be important to mention that watching your trades should not mean putting your full focus of your 24 hours on the charts ignoring other activities of the day that you should engage in especially those for mental relaxation considering that observing the chart 24 hours a day can be mentally exhausting for a trader and even make them make wrong decisions when it comes to trading. Watch your trades and look at the charts, but try to make sure you are not doing it too much.
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stack42Member
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#14Oct 23, 2021, 06:58 PM
I was woken up yesterday with a notification from Binance that Bitcoin had made a significant drop in price. I can't recall the price in the notification, but it was quite a drop. I am now seeing that Bitcoin surpassed $100,000 again a few hours ago, which is really intriguing seeing how quick it has been recovering. An experienced trader would have made decent gains of over 5% in possibly less than 36 hours, an astonishing performance if you ask me. Recovery is that quick that I didn't even notice the drop in the first place had I not received the notification from Binance. The past few dips I've recorded recovered within 48 hours, with minor exceptions, I don't doubt the possibility of a major drop anytime in the future, but so far, I don't see any reason to worry.
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calmguruSenior Member
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#15Oct 26, 2021, 06:40 AM
I think you're missing it because it's being going round that Trump recent announcement on tariff was one of the major factors that pull us back to nearly $90k. You can read this thread https://bitcointalk.org/index.php?topic=5528631.msg65021039#msg65021039 and replies under the thread for more information on the recent downturn in market. As for your question on whether we can cross the $110k again, it's very possible because there is already a sign of recovery since yesterday as we crossed over $100k to $103k. Although there's a slight decline to $98k this morning but I really don't think there is a cause for alarm yet, a period like this is highly expected being panic will change absolutely nothing other than lose if you sell off.
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fox_byteHero Member
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#16Oct 26, 2021, 11:20 AM
A correction is a good and healthy thing, but I don't know why a 10% drop causes all this panic. I remember the days when the price of Bitcoin changed by more than 30% and no one was afraid or panicked. For me anything over $80k is good.
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0xR4v3nSenior Member
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#17Oct 26, 2021, 01:16 PM
And we're back at 100k? Oh but then now its looking like resistance and we're down to 98k again. But don't lose hope so quickly guys. The market tried its best, lost almost 10% then recovered within a day. Just have to work through the huge TP wall at 101k I can see its active and alert this whole week. Tariff news still making big waves everywhere but its gonna start weakening and then we see. I don't buy any US stuff, so not sure what the effect is and what we export doesn't seem affected yet.
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vector777Member
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#18Oct 27, 2021, 12:05 AM
I agree with you that corrections are definitely good for the crypto market, either by creating more buying opportunities for small investors or by many investors waiting for price dips and hoarding capital. I regularly accumulate Bitcoin and in fact I was not afraid at all by the recent price declines. Holding Bitcoin based on the belief that the price will recover in the future.
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DYOR
SilentBullFull Member
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#19Oct 28, 2021, 04:36 PM
The decline is common, even things that are difficult to avoid the same as the increase, so this is the part that will always occur in Crypto. The doubtful Bitcoin can return to $ 100k, maybe they are new traders because they have no experience that Bitcoin remains volatile even though when bullish, and when bearish sometimes there is a time when it looks already bullish but for a longer period still bearish. Agree, for traders to take a profit if they can, and buy for investors,there is always an opportunity if we can see it.
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p1x3l365Senior Member
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#20Oct 30, 2021, 05:12 PM
1. You can not watch your trades and trading positions 24/7, except if you use trading bots and configure it well to exit your trading positions when risk is in the air. So the best possible option is using some of weapons in trading: Stop loss order, and Stop limit order. Stop loss order. Stop limit order. Difference between Stop loss order vs Stop limit order. 2. Have ability to determinantly close your trading positions when you smell risk is in the air and possibly become bigger and turn to a market crash, is one of best skills in trading. It's super important in defending your trading capital. 3. Before taking profit, if you can not have profit, take your initial trading capital back. 4. It's true. Market is lively 24/7, all days, and you will have many opportunities to reenter the market later.
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