Bitcoin Forum

We know That Now Whole Crypto Market is Very Down. I am a Investor also a Small Crypto Trader, i invested my All Fund in Crypto, i bought Coin with very High price becouse then Market was Fully Bullish. Then BTC was $60k but now is $21k, So it is Very good time for Usdt holder, Now every coin is Upto 90% Discount. What is Yours Opinion?       

At the left side after you scroll down, you will see 'move topic' beside 'lock topic', move this thread to speculation, it is under economy.

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Bitcoin all-time-time was $69000.

You are not wrong, bitcoin has decreased significantly, it Is good time to buy. But some people can fall for further price downturn which suppose not to be, if the price of bitcoin still fall, do not sell, it will rise again beyond the price you bought it and grow much more farther than that.

We are expecting six digits next, which means $100k or above.

Anyone who isn't hodling any potential altcoin or a fraction of Bitcoin (at least) is lacklustre with aim to chasing price. There's enough discount on all cryptos now. All of them have suffered severe beating in price to warrant anyone taking them as gifts now at whatever price one buys them. Just imagine there are those who invested when Bitcoin was $64k+ but are now dillydallying buying it now at less $23k. It doesn't make any sense at all.

Yes these are the best time to buy the coins and the Bitcoins. Currently Bitcoins and other coins are available in a great discount price. So as much as you can buy and store for long term.
Once the bear market ends, the crypto market will sky rocket in every aspect.
Don’t know about USDT but yes if you can buy BTC or ETH, then it will be very much fruitful for you in the future.

This is the good time for crypto buying after assessing the risks and as long as you will be able to fulfil your other obligations that would require money after you have bought it. According to experts (https://time.com/nextadvisor/investing/cryptocurrency/should-i-buy-crypto-dip/), before you jump in, first assess your risk tolerance and prioritize other aspects of your finances, like saving for an emergency, paying off high-interest debt, and investing in a traditional retirement account like a 401(k).

what do you keep your USDT for? if you are an investor, I guess you must have already dumped your USDT for potential altcoins like ETH or Bitcoin. if you've seen ATH, believe it, you'll see it again. will even surpass it in the future. it all just depends on how hard you hold it.
when everything is on discount, and you only hold USDT tone, it will do nothing for you. now shop. and wait for the bulls to come to make you enjoy the profits.

Depends.

Also irrelevant in the long term because bitcoin always makes a new ATH every 4-5 years.

I remember not so long ago when btc was at $40k’s, people were praying for a big drop. $20k’s looked so impossible back then. And here we are, a wild golden buying opportunity just appeared.

May it go even lower? Maybe. Is it worth waiting? Hardly I believe because it is already very low.

Your post is pretty much just: "price down = good time to buy"

Not sure what it is to talk about besides the fact that not because something is down 90%, it doesn't mean that it can't go down another 90%.

Since February I have started saving my assets to usd, because there is a possibility that the market will experience a bear, and it turned out to be the right thing. My next plan, maybe I will start buying some coins again gradually with the aim of being held for a long time. My choice for now, which is arguably quite safe, is to buy coins that are already popular, such as ETH and BNB. Hopefully in the future the market will go back to bulls and penetrate the new ATH.

Going all in crypto space is a very risky thing to do, if you had dca it would have been better, my advice for you is that if eventually you have a spare cash that you can afford to use in buying the dip, kindly do it as that will give you an edge when the market starts pumping again, but I think you have to watch the movement of bitcoin before investing, there is still speculation that it might go up to $10k and we all know what that implies to altcoins.

I'm confused what you're trying to say,

First you said you're bought a coin at the peak, which is not stable coin. But you're saying now it's the good time to buy coin, especially you're had convert your coin to stable coin. I mean, you did wrong since you've bought a coin at high price, but suggest anyone to buy coin at the cheap price.

Also you don't have any money left to buy coin in this moment since you've invest almost of your money before.

These market cycle is normal if you've been into crypto for some years now. Bull cycle will definitely happen again so the best thing to do is to accumulate while we are in bear season. We should not be like those other people who will just buy crypto when it's at its hype and become disappointed in the end because they bought at the top. For me even if the market is unstable right now, it's less risky to buy at these current prices because cryptos are down more than 50% from their last ATH.

This is actually the good time to buy and hold and also a good time to sell and wait for a new entry point to buy more it all depend on what you see on your chart and what your own research says. I am still not certain the bears are exhausted yet until then i will know when to hodl. The goal is not to acquire as much as 1 BTC but to have enough coin that before the next bull run so for me i will still wait so i can always buy more

Maybe you should check the chart first before you assume your discount percentage because you might end up losing more if you purchased on the current price while the price of Bitcoin slide down again because the current pirce range is the previous ATH which means if this support was broken, We might see Bitcoin price decrease for anothe 50% from the current price or worst. Don’t get fomoed because it seems you always doing it by buying on ATH.

.If someone has money and wants to invest in crypto for long term then yes. It is. It is the opportunity to grab your favorite coins at up to 65%-90% discount

Huh, another $10k boy.

I don't think we will get this price. If this happens then surely there will be a good opportunity for the people to grab bitcoin at such a low price

I guess there is no doubt to invest in bitcoin. hoping for the possibility to go down is the same as hoping for the possibility to go up. we will never see the bottom of the current market price. how long will we wait to buy? even if it continues like that, we will have no assets to invest. and there will only be USDT in the wallet and will not give any profit.

I guess you already know since you are an investor and a trader for quite some time.
Although we can see that the market is moving high but I'd still see this as an opportunity for the latecomers and those who missed the $18k price of Bitcoin.

I never urge people to buy but at least, I'd help them to know about it. We are supposed to prepare for the upcoming halving if we want to earn huge profit, or else we just regret it later.

Currently, the market will depend on what is happening in the economy because there are other issues rise up like the spreading of the virus, also the current inflation but if you are one of the true holders you make a buy every dip as an opportunity to buy but to me base on my TA this is a good opportunity to buy another for the 30k pump but this is just a mini pump because the upcoming halving is coming. Always grab the opportunity if you have but still always manage what you afford to trade.

This is good time to invest in crypto. I believe now cryoto market will increase now. I was bought bitcoin some weeks ago at the price of $20k and After the bought btc, the price of Bitcoin fell to 18k. But now it has come back to 23K.  And Bitcoin is slowly growing more. i believe The entire crypto market including Bitcoin will now rise again. So it is best time invest in cryotos

In my opinion, the worst has happened or we are very close to the worst in the sense that it is difficult to see a 50% correction now which is small compared to the corrections that were since last April/November so selling now does not make any sense, and if you can keep this money For several years, 60,000 will be cheap.

Just Keep hodling if you dont need that money now.

Actually everybody do experience lost some times, from my understanding profit in cryptocurrency is not paramount and at times lost occur. While some people cry out when bearish market occur seriously because they purchase during the time of bullish and they target is more bullish will continue so that they will be more profit. This is the best time to buy any kind of cryptocurrency because of the state Bitcoin is right now.

Regardless of your principles of dealing with investments in crypto, you need to know that Bitcoin is always in a Bull market if you have been aware of this for a long time. The peg price which is now showing an increase should have been noticed when it was below $20K last month. There is no harm in getting in if you apply DCA investments very precisely. Moreover, the finances that you have flow every month. If I were you, it would be a profitable investment vehicle.

Price are down for sure to compare what it was at ATH and I read most comment agreeing that this is a good time to buy but what is the guarantee that the price won't fall back again to below $20k. Few months back the price dropped below $18k and touching $17k, this means those investors then are already in profit. Anyway price is speculative we just have to go with what the indicators are saying and judging it with our mind and history of bitcoin.

It's certainly a good time to buy when we come to witness bear season because the prices are highly discounted, but also always invest with caution as shitcoins are also in high discounts. Just as bear season is a good time to buy and accumulate more, but its definitely not a good time to sell. You only have to sell your coins when the market is bullish and where coins' prices are having their ultimate all time highs. While its not happening yet, always be patient to hold your coins for long term.

Easy to say but if we are already on the bear market condition or shall we say that there's blood anywhere in the streets then we are really that hesitant on making such move or getting with these declining prices

which i would say for it to be normal because we are having those doubts or emotions that the price might plummet even more.Good time would be always into those times where prices are on the floor

but due to unpredictability of the market then this is where making decision would becomes even more harder.Buying should be lowest of the low but determine for the sweet spot is always been a challenge.

So you just realized lately that the dip was actually the best buying moment and not when the price was pumping? That's nice and instead of having a regret or putting yourself down too much, you are here giving out advices. Another mistake you did was putting all your funds here in crypto.

I hope you won't sell at a loss but you won't likely be doing it since you just woke up from the truth. There are people who keep some of their profits in usdt to prevent it from further fluctuations and also for the situations like this. They will use a portion of their usdt to buy a crypto again while for some, they will just use their hard cash to take advantage of the situation.