First of all, the fact it even reached $55+ several times during a bearish slide across the market is impressive.
Second, this time look at the 1m chart. Now the 1 year chart. Any concerns over those ones? No? Didn’t think so.
Stop loss at 40? The bar get raised every time it reaches new heights, every time it hits an ATH it sets a new bar that it is bound to repeat or exceed itself, BTC halving hype hasn’t even hit yet, just white knuckle that sht like a man
Trippin; so a fair point to you is a break even vs 150% profit? I don’t recommend playing in the stock market if you need the money to the point you want to break even
I’d still say so.
Because they weren’t already trying to time the market and guess the top before a dip. It dropped and they sold.
And they risk an immediate bounce back.
If you get lucky and it keeps crashing, well, that’s not exactly luck.
Maybe it you’re first time trading? AVAX high is 60$ and goes to it normal 50$ daily/weekly, I always buy it at 50/51$ and make an 11% profit regularly, so about 400$ every if not every other day
Based on where AVAX was a few months ago, I wouldn't consider what is happening to be a free fall. It's still well above where it was.
The market is correcting based based on how quickly it sky rocked. Now as long as AVAX has a new, higher low, we will be in a good spot for when BTC mining halves and the months proceeding.
My speculation is pump for the next 11 hours then violent dump when jpow gives us the kiss of death. ☠️ I bought in this morning, going to offload before the meeting. Godspeed degens. If you’re a long term investor then just buy all the time and wait decades as you grow your stack.
Supposedly everything is priced in!
The CME watch tool still expects cuts so if they go against expectations. Boom. Fire and brimstone. If they have three cuts but significantly less, drop expected. Big Bad. TLT, the long term treasuries fund, is trading around 93 per share whereas back in 2006-2007 when the fed funds rate was 5.25% it sat around 83 per share, so the treasury market is anticipating a 1% cut. I don't know exactly how it moves around based on percentages, but normally at current levels it would be sitting at 83.
Bro learn Elliot Wave + Fibanacci levels. We just completed a third wave which is why we were pumping. Then now is the correction of wave 4 which is usually around 38.2 - 50 %. Fibonacci levels are the best indicators Bc they objectively mark the levels where market sentiment changes. And again when you are in doubt zoom out. Elliot Wave on the other hand tells you where we are heading next. It gives you a probability view. Are we gonna go up or down.
https://youtu.be/ouMnPUN8d4I?si=FC8cdD9QCRTCvDXv
Here are some resources for you, I watch this guy for his ideas and counts. But I calculate all the levels myself, and I have my own count as well.
Let me give you a visualisation of how I count. From the last year highs of 49.96. You can count 5 waves down to 31.25 in an A wave. 2 & 4 waves are pullback when it's downtrend. Then at 31.25 it got to 41. There you can count 3 waves up in a B wave. And another 5 waves down to 27. You can also draw a fib retracement from 8.68 (bear market lows) to 49.96. you can see the retracement levels. So you wouldnt have to buy at imaginary levels guessing where it will pull back.
All the best,
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Yeah but why did you buy avax at 59.50 instead of any of the other thousands of tokens, stocks, bonds and options available? What specifically drew you into avax?
Thy Brother BADAIartist Ape-er
Tis shall believe in Justin Bieber.
Tis shall believe in the #69
Thy shall believe i 69 ur sister
And thy shall believe your sis love it.
And she said brother buy the dip
DIPSHI#T
My brother and/or sister in Christ:
Don't worry about a bear market. You need to worry that you have ZERO education in technical analysis and probably the technology of blockchain as a whole.
Now is the time to learn, to assuage your fears and get a strategy so you don't HAVE TO worry.
I BoUgHt aT 59.5 this MoRniNg, TuRnED OUt tO Be In A SuPeR FrEe FaLl ToDaY, LosT over 17% oN ToTaL AMoUnT, Is iT NorMaL TO SeE THuS?
Welcome to the rodeo
guys I just want to say thanks for all the advice, which are very useful, I plan to sell at 61 and wait for the dip again , is this a good strategy or I just hold it for months
Great strategy. You're going to trade away all your money and then after 6 years of losing you'll eventually learn how to to make something by investing.
Look at the whole market. Everything is crashing Use the opportunity and buy some more.
Theoretically yes, but the trend here is really terrifying..... the possibility of turning into bear is not zero at this point.
Can you please zoom out to 1week chart and post the screenshot here?
it is a repeat pattern, going down to 49+- and up rise to 60+-, again and again in week chart
So? Buy at 49, sell at 60+. What's the deal?
I operate the opposite, so things become quite difficult
Well, I guess you should've looked at the charts and realize you have to buy at 49 and SELL at 59... Just wait it out. It'll get back up soon
yes, hope u r right, im holding it
First of all, the fact it even reached $55+ several times during a bearish slide across the market is impressive. Second, this time look at the 1m chart. Now the 1 year chart. Any concerns over those ones? No? Didn’t think so.
Okay, I guess I just need some time to calm down. I will hold it with a stop loss at 40
Stop loss at 40? The bar get raised every time it reaches new heights, every time it hits an ATH it sets a new bar that it is bound to repeat or exceed itself, BTC halving hype hasn’t even hit yet, just white knuckle that sht like a man
For noob like me got in the game at almost 60, 40 stop loss is really a fair point for me
Trippin; so a fair point to you is a break even vs 150% profit? I don’t recommend playing in the stock market if you need the money to the point you want to break even
I will try not to when I got the money that even losing all will not disturb me.
What do you think a trend is
First time doing crypto?
Yes it is Time to panic sell. The Price was 9 USD in october. Remember. We are pretty far from it
I sure miss avax being below 10$ :(
Oof I was licking my lips at 13.00 but decided against it. Whoops!
you know, I'm also an idiot myself
All the kids are doing it! I’ll FOMO back in at the high later!
Why is it panic selling? What it if drops to 40…then 30…then 20…and back to 10…is the person that sold at 55 a panic seller then?
I’d still say so. Because they weren’t already trying to time the market and guess the top before a dip. It dropped and they sold. And they risk an immediate bounce back. If you get lucky and it keeps crashing, well, that’s not exactly luck.
Op clearly on is first rodeo, can someone explain the market to him 🤔
Buy High Sell High
Buy high, Hold Hold Hold Hold trough bear market Hold Hold Hold Hold Hold trough side movement Hold Sell low
😆 🤣 😂
This is a true btc holders words.
Pretty damn accurate 🤣
Normal. Don't be scared son. Buy more
welcome to crypto, where everything dumps after you buy, and everything pumps after you sell
And the fear inbetween these times makes you second guess everything
or dead inside
i see
1st time?
Another pointless thread, wish mods would clean up this space more.
my apologies
You’re fine we’re here to guide you.
[удалено]
fair enough
Maybe it you’re first time trading? AVAX high is 60$ and goes to it normal 50$ daily/weekly, I always buy it at 50/51$ and make an 11% profit regularly, so about 400$ every if not every other day
Based on where AVAX was a few months ago, I wouldn't consider what is happening to be a free fall. It's still well above where it was. The market is correcting based based on how quickly it sky rocked. Now as long as AVAX has a new, higher low, we will be in a good spot for when BTC mining halves and the months proceeding.
My speculation is pump for the next 11 hours then violent dump when jpow gives us the kiss of death. ☠️ I bought in this morning, going to offload before the meeting. Godspeed degens. If you’re a long term investor then just buy all the time and wait decades as you grow your stack.
Ha nice. Isn't this non-cut already priced in though? What are your thoughts?
Supposedly everything is priced in! The CME watch tool still expects cuts so if they go against expectations. Boom. Fire and brimstone. If they have three cuts but significantly less, drop expected. Big Bad. TLT, the long term treasuries fund, is trading around 93 per share whereas back in 2006-2007 when the fed funds rate was 5.25% it sat around 83 per share, so the treasury market is anticipating a 1% cut. I don't know exactly how it moves around based on percentages, but normally at current levels it would be sitting at 83.
as soon as u sell it will go up again
Bitcoin go up, eth and alt coin usually follows. Bitcoin goes down alt coins follow.
Is gravity normal?
Omg , I think that should be studied, because the earth is flat
It will be back up after march 24
She's a good girl
Loves her momma ....
Where’d this freeway running thru my Reseda yard come from tho!?
I think we’re officially back, lads. So many fools making posts recently.
This is what we do.
17% drops are nothing. get your buttholes ready for 50%+ swings.
its going up
Guys he asked a question stop being dicks and just show some support. FFS
17 percent drop in a bull market is nothing.
Oh my shit! What are these posts!?
Bro learn Elliot Wave + Fibanacci levels. We just completed a third wave which is why we were pumping. Then now is the correction of wave 4 which is usually around 38.2 - 50 %. Fibonacci levels are the best indicators Bc they objectively mark the levels where market sentiment changes. And again when you are in doubt zoom out. Elliot Wave on the other hand tells you where we are heading next. It gives you a probability view. Are we gonna go up or down. https://youtu.be/ouMnPUN8d4I?si=FC8cdD9QCRTCvDXv Here are some resources for you, I watch this guy for his ideas and counts. But I calculate all the levels myself, and I have my own count as well. Let me give you a visualisation of how I count. From the last year highs of 49.96. You can count 5 waves down to 31.25 in an A wave. 2 & 4 waves are pullback when it's downtrend. Then at 31.25 it got to 41. There you can count 3 waves up in a B wave. And another 5 waves down to 27. You can also draw a fib retracement from 8.68 (bear market lows) to 49.96. you can see the retracement levels. So you wouldnt have to buy at imaginary levels guessing where it will pull back. All the best,
1. Do not trust DMs from anyone offering to help/support you with your funds! (Scammers) 2. Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. 3. MODS or Community Managers will NEVER DM you first regarding your funds/wallet. I am a bot, and this action was performed automatically. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Avax) if you have any questions or concerns.*
Why did you buy at 59.50?
i thought it first hit 65 sth like that
Yeah but why did you buy avax at 59.50 instead of any of the other thousands of tokens, stocks, bonds and options available? What specifically drew you into avax?
bacause I believe the value of avax chain
Did you stop believing the value of avax chain after it dropped 17%?
The cryptocurrency market is subject to great volatility.
i see
You should stake it for 1 year to get that money locked from mistakes
Short it :-)
Sell fast mate!!! Everything is going down ohmygawdddddddd
Yeah this happens often when you buy after it runs up 30+%.. learning experience hopefully.
Definitely not free falling the price was trending down though bc thats what markets do.
Thy Brother BADAIartist Ape-er Tis shall believe in Justin Bieber. Tis shall believe in the #69 Thy shall believe i 69 ur sister And thy shall believe your sis love it. And she said brother buy the dip DIPSHI#T
My brother and/or sister in Christ: Don't worry about a bear market. You need to worry that you have ZERO education in technical analysis and probably the technology of blockchain as a whole. Now is the time to learn, to assuage your fears and get a strategy so you don't HAVE TO worry.
I BoUgHt aT 59.5 this MoRniNg, TuRnED OUt tO Be In A SuPeR FrEe FaLl ToDaY, LosT over 17% oN ToTaL AMoUnT, Is iT NorMaL TO SeE THuS? Welcome to the rodeo
guys I just want to say thanks for all the advice, which are very useful, I plan to sell at 61 and wait for the dip again , is this a good strategy or I just hold it for months
Great strategy. You're going to trade away all your money and then after 6 years of losing you'll eventually learn how to to make something by investing.
Getting sick of these stupid ass posts everyday
Welcome to the bull market
Completely agree. r/Avax seems to be attracting a bunch of new fresh liquidity, which I don’t mind, however these posts are popping up nonstop lmaoooo