Bitcoin Crash Right Now - What To Do?

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  • Опубліковано 27 вер 2024
  • Bitcoin and crytpo currency crash right now. What is your reaction and strategies you can consider in 2022?
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    Barry Burns
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КОМЕНТАРІ • 92

  • @jasoncurry3565
    @jasoncurry3565 2 роки тому +25

    This past few days watching my crypto portfolio decline is very disheartening. Holding doesn’t really profit much.
    Any idea on how to earn better in the short run?

    • @bernardmiller5737
      @bernardmiller5737 2 роки тому

      Wealth is created by proper investment, I've been an Investor and I can tell it changed my life for better. From what I've witnessed it all comes down to having a good financial expert handle your investment. I've been trading with Sheryl Bernard for a year now

    • @christinegalit4076
      @christinegalit4076 2 роки тому

      I agree, Most people think that investing in crypto is about holding till it rises, with the recent crash in the market we should know that long term price predictions are very difficult to achieve. Trading with Ms. Sheryl made me realize that rather than gamble on long term investment and still losing to dips
      it's better to trade crypto on short and make profit. I trade under her.

    • @kingstonmartinez4592
      @kingstonmartinez4592 2 роки тому

      Wow, I really recommend Expert Ms Sheryl. She's been the key to my successful life and three of my friends also trade with her. I earn approximately $60,000 every month and with her help and guidances

    • @hudsonfernando66
      @hudsonfernando66 2 роки тому

      Trading with an expert is the best strategy for newbies and busy investors who has little or no time to monitor trade

    • @jasoncurry3565
      @jasoncurry3565 2 роки тому

      Please how can I get in touch with this Ms Sheryl. I've actually heard a lot about her

  • @Seafox0011
    @Seafox0011 2 роки тому +4

    The worry is that that Rainbow goes on to complete it's arc.

  • @Wuschel144
    @Wuschel144 2 роки тому +5

    The fact is that BTC symbolises the future of cryptocurrency, and traders are wondering if now is the best moment to trade, I feel you should examine the situation more closely before jumping to any conclusions. BTC's price has been fluctuating over the previous few days, signalling that the market has become unstable and that it is impossible to anticipate whether it will go bearish or bullish. Others are patient, while others continue to trade with no risk. It all depends on the pattern you're trading and the source of your signals; for instance, I get my signals from Eric Birger, my personal trade adviser, and I've acquired more than Ten BTC coins so far.

    • @Wuschel144
      @Wuschel144 2 роки тому

    • @westerntree1
      @westerntree1 2 роки тому

      It's wonderful to know I'm not the only one that uses

    • @dm09aaj
      @dm09aaj 2 роки тому

      My trading account has now reached 12 bitcoins, and Birger is an expert trader with a pleasant demeanour.

    • @BrodieMcCoy279
      @BrodieMcCoy279 2 роки тому

      and that necessitates commitment and concentration.

  • @ShowMeWhatINeedToKnow
    @ShowMeWhatINeedToKnow 2 роки тому +4

    I see strong support at $0.

  • @trevorhirst7851
    @trevorhirst7851 2 роки тому +4

    Great stuff Barry as always

  • @Serious-Man
    @Serious-Man 2 роки тому +2

    Glad to see you're still around. Months of youtube silence had subs wondering.

    • @TopDogTrading
      @TopDogTrading  2 роки тому +2

      Thank you, yes, I plan on posting videos again more regularly.

  • @vijaychouhan3610
    @vijaychouhan3610 2 роки тому +1

    Barry, you are an amazingly interactive teacher, wish you were my lecturer for all subjects during my education. Thanks

    • @TopDogTrading
      @TopDogTrading  2 роки тому

      Wow, thanks for the nice compliment Vijay!

  • @billc3405
    @billc3405 2 роки тому +2

    I think we will see a hard move down in the teens then pop higher. Or we will slow crawl to 10000/11000 then move higher. I dont see blood in the streets yet.

    • @hatsapp---jk9dc
      @hatsapp---jk9dc 2 роки тому

      Thanks for watching
      Hit me up there ☝️☝️
      There are profitable nods and patterns I'd love to show
      you🔜🤝

    • @billc3405
      @billc3405 2 роки тому

      @♜ 𝐏𝐢𝐧𝐧𝐞𝐝 by TopDogTrading i never mentioned going short at this level. I did call short Noverber 21 2021 with a firm target of 24000.

    • @TopDogTrading
      @TopDogTrading  2 роки тому

      I wouldn't be surprised.

  • @larryd9235
    @larryd9235 2 роки тому +1

    I am now of the opinion, from various sources, that crypto can be "hacked",
    even inside a wallet. This takes it off the table for me on "coins" or "currencies". But i do believe there is a future for blockchain in other areas.

  • @rjvcescobar
    @rjvcescobar 2 роки тому +1

    Thank you for commenting and giving explanations of current news and happenings in the market.

  • @richardlees5303
    @richardlees5303 2 роки тому +1

    Wish I'd bought a few thing-a-ma-giggies when they bottomed out. All kidding aside, I've never believed in Bitcoin because it has no underlying value. It's vaporware. But, damn it, it's trade-able and has returned profits (I guess) to somebody 'cause they keep coming back for more. I've written about this on my blog for over ten years. But with respect, others have made a lot of cash-o-la (should they be actually able to cash out before they had their value 'stolen'). From a technical perspective, you've NAILED it as you always do, Market structure is the key. SO appreciate the value you give your subscribers.

    • @TopDogTrading
      @TopDogTrading  2 роки тому

      Nice contribution to the discussion Richard, and thank you for the kind words.

  • @dantronics1682
    @dantronics1682 2 роки тому +1

    Is it crash or a just a 64% retracement?

  • @danielmass2florida848
    @danielmass2florida848 2 роки тому +1

    Great comeback video, thanks!! 💰💰💰

  • @daytradertedd
    @daytradertedd 2 роки тому +1

    As always thanks for sharing.

  • @gregedelman176
    @gregedelman176 2 роки тому +1

    Great information thanks

  • @trading8040
    @trading8040 Рік тому +1

    Didnt aged well with BlockFi ...

    • @TopDogTrading
      @TopDogTrading  Рік тому

      No it didn't but if you moved your crypto in a hard wallet, then it was sweet while it lasted!

  • @gonebamboo4116
    @gonebamboo4116 2 роки тому

    Why is only half the rainbow showing?

  • @weissmannrob
    @weissmannrob 2 роки тому +1

    Very simple, wait and hold if you understand Bitcoin.
    BTC rules without a ruler.

  • @raffaele9514
    @raffaele9514 2 роки тому +2

    Cia dear Barry, thanks for your sharing what I am doing with bitcoin is a 5/10 year long term accumulation plan.
    I wanted to tell you that I am happy to have met you on my path as a trader I am your student and I follow you very carefully I send you a hug, with esteem and affection.
    A thousand thanks.

    • @TopDogTrading
      @TopDogTrading  2 роки тому

      Thank you so much of your kind words Raffaele. My approach to crypto is the same as yours.

  • @mattklaus7299
    @mattklaus7299 2 роки тому +12

    No matter how well this was explained, I still feel I'm missing something fundamentally important as to why people are spending money on this piece of Art know as Nft that is not even physical

    • @ishirmalakar2432
      @ishirmalakar2432 2 роки тому

      Because they have value within the blockchain and if the blockchain becomes an everyday thing people use (such as the ethereum blockchain) then those things have value. Why does the mona lisa have value? Because it's a one of a kind painting from a historically revered artist. That's all that gives it value. It's valuable within the dollar ledger. Well priceless actually but you get the point. A lot of the stuff right now happening with it is kind of silly, but it's an evolving technology. As he said in the end, there is a lot of hype around it. You'll see a lot of scammy things and things that don't make sense. But I imagine eventually it will settle down and something more understandably useful will come out of it

    • @mitchelltorres2616
      @mitchelltorres2616 2 роки тому

      The same reason why you buy a painting. The artist, the story behind the artist, we humans love to OWN things NFT are unique pieces of art that we (poor people) can afford. If "THEY" say buy this it's expensive and you all follow and accept it's expensive. NFTS start at very low price and get expensive over time based on the story and art of the Project, like any art piece

    • @saritachauhan9138
      @saritachauhan9138 2 роки тому

      @@ishirmalakar2432 Great explanation

    • @saritachauhan9138
      @saritachauhan9138 2 роки тому

      Getting a way to make income without having to leave home isn't exactly as easy as you all think it is, talk is cheap and it's sure easier said than done, I have my source, and I would rather stick to them, it pays well, even my stepdad started quickly

    • @richardfrank605
      @richardfrank605 2 роки тому

      Making Nft does not cost you much, just the fees

  • @mockingconundrum
    @mockingconundrum 2 роки тому +3

    Hi Barry
    I just wanted to ask if you could do live trading on youtube using even a simple screen recorder (nothing too fancy) because I think it would be very interesting and informational to watch you trade.
    For everyone else reading this comment please like this comment if this is something you would like to see

  • @celinajason8594
    @celinajason8594 2 роки тому +3

    So happy to announce that I have gained financial freedom by investing in digital currency.....

    • @murphyslaw7819
      @murphyslaw7819 2 роки тому

      I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don't know who agrees with me but either way I recommend either forex or crypto

    • @cletusandrew3838
      @cletusandrew3838 2 роки тому

      I have had no luck investing in crypto currency, I actually invest on my own but my profit aren't always as I expect sometimes

    • @celinajason8594
      @celinajason8594 2 роки тому

      @@cletusandrew3838 Then I will like to introduce MRS EVIE RICHARD she is the best I have been working with her for months now feeling awesome working with her

    • @celinajason8594
      @celinajason8594 2 роки тому

      @@cletusandrew3838 You can communicate with her on her telegam page with the user name INVESTWITHFXEVIE1

  • @gautamawhad528
    @gautamawhad528 2 роки тому +3

    BARRY SIR VERY GOOD EXPLAINED AS USUAL . THANKS A LOT FOR YOUR FREE EDUCATION FOR THE SOCIETY.

  • @eugenegee2148
    @eugenegee2148 2 роки тому +1

    My understanding is that BlockFi may run into the same problem as Celsius. The expectation is that Celsius will probably go bankrupt. If BlockFi may also be going bankrupt, why would I want to have anything to do with them? Remember that most crypto currencies including Bitcoin have no intrinsic value.

  • @gonebamboo4116
    @gonebamboo4116 2 роки тому +1

    Dollar cost averaging means you dont know the market but hope it always goes up

  • @gonebamboo4116
    @gonebamboo4116 2 роки тому +2

    FDIC?
    Well that's s a sound institution 😆

  • @roosoorschot93
    @roosoorschot93 2 роки тому +1

    I don't buy bitcoin. It's absolutely devastating for the environment and I wouldn't like to have a libertarian society. It would mean even more inequality than we currently have. Nevertheless, I love most of your videos!

    • @PanamaIsBetter
      @PanamaIsBetter 2 роки тому

      Wow really?? I've never heard this point of view before (or at least not since 5 minutes ago). Oh yes a libertarian society sounds awful! I prefer a society where government pays for everything and tells me how I had better think, or else you know, I can starve and die in the gutter. Yes this is the way!

    • @TopDogTrading
      @TopDogTrading  2 роки тому

      Thank you for your perspective.

  • @johnmole9958
    @johnmole9958 2 роки тому +1

    Great vid Bazza, thanks!

  • @max55well
    @max55well 2 роки тому +1

    I think we will ride the blue zone bouncing up and down between blue and green zone until next halving.
    Thanks for covering this topic. cheers 🍻

    • @TopDogTrading
      @TopDogTrading  2 роки тому +1

      That's a very real possibility Richard.

  • @Mistawongchong
    @Mistawongchong 2 роки тому +1

    HI Barry IM watching the S&P to see if it trends lower to its weekly 200 aswell . Powell may bring us a bottom this coming week imo Hawkish can be bullish as its showing they will get the job done to lower inflation sooner rather than later , Great video thanks , the Rainbow band is pretty strong indicator , pleased we may be near the bottom now . been a tough few months as a crypto investor . Learning in real time you have to take the hits to learn the lessons )

    • @TopDogTrading
      @TopDogTrading  2 роки тому

      Thank you for the thoughtful comment Golden Surfer

  • @SuperSwingTrade
    @SuperSwingTrade 2 роки тому +1

    tx man, appreciate it. your points are similar to mine. at twitter. i am more confedient about my ideas now. thanks.

    • @TopDogTrading
      @TopDogTrading  2 роки тому +1

      Glad to hear it! Sounds like you're a smart trader!

    • @SuperSwingTrade
      @SuperSwingTrade 2 роки тому

      @@TopDogTrading i just used to trade spot with hard way learning. I just finished your courses like candles, patterns , intermediate ones. Planning to read your setups from next week.