Look at the big picture !

1 34
Avatar for clixmoney
1 year ago

We often look at the little picture and in the end we may panic and lose it all !

Look at chart, and you'll understand what I'm talking about. After each up we may see down. Just like in life, ups and downs. And you know what big investors do now ? They buy the dip to sell after. And even if they buy now and see that the price keep going down, they just hold until it's up again. It's not an investment advice, but a clear observation from the chart. So, we may have a support level where investors didn't sell, but now they seem to be selling. A lot of them selling at the same time. But they will buy again in the dip. Some of them may consider $20k is the dip, so of them wait till $10k to buy a lot.

Let's compare between the previous two top. About 6 months between them. Both in about $60k. That means during those 6 months they kept dumping, till the point where most of them start buying a lot. And pushed the price to $60k again after dumping it to the half and that's about $30k. Most of them saw the dip there. Could we see the same scenario ? Why not. That's why to not lose it all, it's better to hold and sell at least closer to that $60k again. That's of course if we don't need that money too much. So, this post is for bitcoin holders. But if you compare the price of other crypto with the same way, you'll see them similar.

Let's look at the other period of time. I see the lower price we take, the smaller is time to wait for the price to come back where it was. So, I'm taking the period of the end of 2021 and March 2022. It was $50k and it went back to $47k. It's kind of rule we can extract from this. The shorter the gap, the lower is the top. It's kind of logic. Short terms bring less than long terms bring. Because while the dip in the first situation went to almost half. Here we see the price went to about $36k and that's the dip. So, it didn't lose 50%, but about 30%, maybe. That's why most of the investors seem to trade in long term. At least 6 months. And if we talk about those who trade in a period of years, we see them doing so well.

We should also not forget to check the marketcap. Even with the price being low, the money seem to be there.

Also, I would like to compare between the price when we had the same marketcap in 2020 and now. So, when it was about $356B the price was about $20k. And now the price is the same. Here we may come to conclusion that the price is related directly to marketcap. That's why I don't see any reason for the FUD. I understand if we were now at the same marketcap, but the price went much lower, but it's not the case.

Anyway, that's my analysis. That's how I see things. You can tell in the comments, how you analyze the market usually.

I try to look always at the big picture. That's the best thing to do in my opinion !

1
$ 0.94
$ 0.94 from @TheRandomRewarder
Sponsors of clixmoney
empty
empty
empty
Avatar for clixmoney
1 year ago

Comments

Your big picture involves war, WEF and new world order plans too? If these people own crypto like they own the world banks (and keep printing money and with that started the financial crisis because they want that new world order) you know how this will end.

$ 0.00
1 year ago