✴️ CRYPTOCURRENCY: ARE YOU BEARISH OR BULLISH RIGHT NOW? 📊

in charlesfuchs •  18 days ago

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What's up STACKERS!

It's a question you see everyday that gets kicked around all the time in the Cryptocurrency Markets...

Are You Currently Bearish or Bullish on Crypto?

Since January 2018, the bears have taken control of the markets. We've seen the price of Bitcoin drop from $20,000 to $3900 as I write this.

However, in the past few months... I've been seeing lots of people crawling out of the woodworks stating that the bear market is over and the bull market has begun. 😲

"Can we first get out of the bear market at least?" SHESHH!! 😂

For the last 14 months, I've been out of the markets completely not buying hardly anything. I did dabble in some leverage trading on Bitmex but that's about it.

I've had tons of patience for over a year by not to pulling the trigger on buying some Crypto and it was hard not to FOMO IN!

I did get real close in buying during December when the whole crypto markets hit around 100 Billion Market Cap but backed out.

Did I miss the freaking bottom!! No one really knows for sure. 🤷‍♂️

They are right when they said that Cryptocurrency is like the wild wild west... Big Gainz, Big Losses, Tons of Speculation, and Greed!

In my opinion, The trend is your friend and that trend is still down. 📉

I believe that the next bull run will start next year or when Bitcoin close over $6,000 on a weekly chart (Heavy Resistance) whichever one comes first.

In the meantime, you still can make gainzzz if you are willing to take some risk. I might have to start buying some little at a time. 😏

So what is your opinion? Are you still Bearish or very Bullish Right now? That is a questions that everyone really wants to know. 🙋‍♂️

Keep On STACKIN! 💞

~ Charles Fuchs

For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.

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Seems like Bull Bull from where I sit😅😁
Damn, you mean we could go another bear year? Tough space!

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I have no idea lol... I wouldn’t mind if bitcoin just bounces back and forth from $1000-$6000 numerous times for a while year til 2020 😅

I think we will see another pull down this year, and that will probably be the last chance to accumulate and build a good portfolio. Unless some big news happens, we will remain bearish for a while.

I love your lifestyle 😜
stackin + Emojis = 1

Now let me read what your post is all about.

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I had to bust out my emoji game! 🤣

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You use it on every of your posts. So id love to know if you post from your mobile? If yes, which of the keyboards?

Hey @stackin 👋

I followed ur Twitter share here and I'm glad I did as I've not really been thinking too much about price since I bought 800 steem a few weeks back at $0.32/steem.

Looking at today's prices I'm feeling good about my decision which did have an element of FOMO about it. Ha ha, sometimes (but rarely) the missing out factor can be the push you need.

As to the question. I have feeling/intuition that 3000 was the bottom and we're gonna see a long consolidation period. Bouncing around between 3000/4000 - 5000/6000.

I believe that the next bull run will start next year or when Bitcoin close over $6,000

I said exactly the same thing about 6000 being the marker for certainty that the bull is back in a comment on my 'why I bought steem' post. Now is the time for accumulating I guess 😉

Hopeful over here... but sceptical on the possibility, right now, of a true bull run like the one in 2017.

50/ 50 . In my opinion so many good news atm and we should go up but the market makers will try to depress the last hardcore hodlers ;-)
Resteemed :-)

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I’m wondering what the price of bitcoin would depress the long term holders? $1k oh my lol

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I am guessing $ 1.8 k will work that out well too.
$ 1 k would be a real great depression. Hahaha.

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Cut off his horns, it would kinda look like a bear 😅

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I'm calling the bottom. But then I've been calling the bottom since we hit $2, so what do I know? ;)

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Be like me and just stare at the charts hahaha

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The price I think will just remain bouncing until the bull run in a couple of years @stackin

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Makes sense to me 😀

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Watch the full half of the cup. The best thing about being in a bear market is that allows you to accumulate more over time. It's not wise to wish for a bull run if you are a blockchain believer, because if you miss to hop in this "train", the price will probably never come down to these lows.

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How low will the falling knife fall 🤷🏼‍♂️😂

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Oh to me. I will say we are 80 pecent in bear market and probably 20% now in bull market. The crypto market has really been fustrating in these part 14 months really fustrating

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In the future when we all look back, we are both going to say... wow, why didn’t I buy more, it was cheap 😂

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Yes excatly right about this. Time to cautionly invest more now that the price is cheap

Hi @stackin I have the same Experience. I had invested in few cryptocurrencies in 2017 and then market got crashed badly. I am still holding and waiting for another bullrun for more than a year. But I have setup my mind set for long term and keep my holdings for couple of years. What you suggest.

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If your holding for couple of years, I would buy the dips with very small amounts at a time on your favorite projects. However, don’t take advice from me, I’m no financial advisor 😅

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Thanks for the tips buddy and I understand but before doing anything ofcourse I will do my own research.

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Am really new here, seeing @stackin say his mind am motivated and came to understand that the market is in no ones favor, it could be yours today and tomorrow mine. Thanks man, am following you right now

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Welcome to steem :)

I think we are in a cautious bullish period. We just saw bitcoin bouncing back from around 3700. I expect more bounces up and down with slowly increasing lows and highs. Lets see how it goes.

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True, I see a pretty big move coming... not sure what direction though lol

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People are always calling the end of the bears..

There are still too many weak hands in the market.. and too many shitcoins.

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Tons of shit coins still around and have been pumping. They even may go higher in the short term 😏😂

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Neither bearish or bullish as I think we are basing before establishing a new trend. I think that once it is done, some will fail completely but others will start their increase higher.

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Ya, I’m in 50/50 right now. Might as wait it out but a big move is coming 😬

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when its bearish we think its bullish is it Illuminati lol

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I blame George Soros 🤣

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Is Stackin an option? 🤣
Just not yet at the bull run point perhaps in another month.

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May/June looks like a sweet spot to me 🤷🏼‍♂️😉

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Well, since we both follow the same traders on Twitter I guess my opinion is almost the same as you... Nothing changed, the trend is still down, and imo we are going to get a small pump to 3950 to close the CME gap and then finally capitulate, it will be the first time BTC is under the 200MA which will make us go to 2,2k, 1,8k or 1k (some say that we are going to 740, I don't think so, but even if we go it's going to be one hell of a wick with everyone and their mommas buying. I'm going to wait, watching some MAs, some trendlines, some volumes and some stoch RSI, waiting to get signs of either a consolidation, a reversal or a dump... right now we don't have any thing saying up or down, what we have is people buying and thinking this is the bullrun, they probably forgot already how January-december was, with pumps of many % followed by dumps...

Is this the time to buy? For a good investor? No! Wait for confirmation (break of the 50MA). For a bad investor? Yes... Dollar cost average the shit out of cryptos, but don't cry when you see your portfolio go down 50%

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I’m staring at the 50 and 200 MA monthly cross 🤷🏼‍♂️

Here Comes the Bull Run!!

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That’s a strong bull 😂😂😂

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Ahh This set-up defines a lot🤔🤔.

I think you are whale , please stop manipulating the market lol😂😂 (joking)

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Sorry about that, I was using my little steem power to manipulate bullish articles on steem hahaha

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Seriously I want to say you are one of the true #entrepreneur (this is not a joke😂😂)

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A new bullrun is coming for sure, look at Venezuela right now !

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I heard it was very use case for it there but it was being bought 🤷🏼‍♂️

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Overall bullish, especially on the coins currently outperforming BTC. Its likely that BTC will continue to perform but at a lesser rate to alts, comparable to the 2017 spring alt season.

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10x that steem power then 🤑

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🙌🏼🙌🏼

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Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!

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💯

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!bookkeeping steemmonsters

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Hi @stackin!

steemmonsters

Received:

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📈

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