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The best strategy to use is to sell 60 to 70% of your coin when you think the price is right to sell and then you sell the remaining ones if it continues to rise .This is one major problem most traders make, out of fear we tend to sell, I once made this mistake some time back. The price recently went down, and out of worried I sold.
My brother you are very right. Greediness is in everybodies blood. We are all greedy, only that we limit our greediness from person to person.Like I said in the previous thread of greediness. Its Applicable to everybody. We might say I'm not greedy but let the temptation comes yo test if your not or you are.
Quote of the day:
Work and pray as been the phrase to encourage people for years! and that be said is true! Always work and pray
The data base for market place which was built for humanity, is it the fear and greed index. And for those that doesn't have apple how can we listen to the podcast.A data marketplace built for humans with humanity in mind. The world's only Source data marketplace | Tartle. Share Data. Change Your World. Amenities: Listen on Spotify Podcast, Listen on Apple Podcast.
That's right, my advice is primarily aimed at new crypto investors, not day traders. With their strategy traders can take profits even if the price goes up or down for short and long.
you're right because people are able to buy it now and will be willing to hold it for a while we make significant gain because even if bitcoin eventually cross 50000 dollars it's still a profit for them and they can wait longer more profit.Nice analysis and I recommend that this is the right time to buy some more coins now that the price is on the low, any coin acquired now would see you make a good profit on the next bull run
That is generally one of the thing about the isue of cryptocurency,because it is very dificult to actually pridic the price movement in the current market prevailing rate,most predictions are just speculative.Bitcoin's high volatility is becoming a blessing and a course to Bitcoin traders because no one can really predict what the price of Bitcoin would be in the next day or probably next week or month. This will will make anyone investing in Bitcoin taking a big risk to invest in the
That is definitely one of the reason why the cryptocurrency trading market is very unique, because you cannot predict how the market will swing, volatility is what makes it interesting.Bitcoin's high volatility is becoming a blessing and a course to Bitcoin traders because no one can really predict what the price of Bitcoin would be in the next day or probably next week or month. This will will make anyone investing in Bitcoin taking a big risk to invest in the
Based on seven independent factors, the Fear & Greed Index for Bitcoin is a tool created to assess the market's present mood. Market volume, fluctuations, social media, surveys, and tendencies are some of these variables.Fear & Greed Index for Bitcoin
Yesterday November 19, 2020 Bitcoin price was $ 17,500, and Fear & Greed Index for Bitcoin reached 94 points, thus causing Bitcoin price increase today November 20, 2020 to $ 18,660. USD. but followed by a drop of 8 points to 86 points. The greater the Fear & Greed Index for Bitcoin number closer to 100 points, the more likely it is that the market will reverse. This is closely tied to price action. a number of charts tracking Bitcoin market activity have hit all-time highs this week, with the impact clearly more bullish.
Is it a good time to buy Bitcoin?
Of course it would not be right to buy Bitcoin at this time. Because the price of Bitcoin is currently high and tends to be corrected. Of course it is very fortunate for all of you who have stored Bitcoin or bought before the price of Bitcoin reached $ 10k, but for those who want to buy Bitcoin they should hold on first, because there is a possibility that the Bitcoin price will drop below $ 17,500 and the price will return to around $ 20,000 by the end of 2020 For Bitcoin hodl, you should also not be greedy to sell hastily, because there is a possibility of a bigger price increase /
This thread is just information and predictions, not recommendations or suggestions for buying and selling Bitcoin.