Bitcoin Forum

Other => Beginners & Help => Topic started by: dimonstration on March 10, 2023, 12:24:28 PM



Title: Don’t buy Bitcoin when FUD is over
Post by: dimonstration on March 10, 2023, 12:24:28 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Rikafip on March 10, 2023, 12:27:27 PM
Or instead of trying to time the market (which you will most likely fail to do as a newbie anyway), why not use DCA (https://www.investopedia.com/terms/d/dollarcostaveraging.asp) method so you don't have to worry about any of things you mentioned?


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: _act_ on March 10, 2023, 12:31:44 PM
Or instead of trying to time the market (which you will most likely fail to do as a newbie anyway), why not use DCA method so you don't have to worry about any of things you mentioned?
That is the good idea.

But if bitcoin can decrease to $17000 next, I am buying big amount, it is a good buying price. If it falls back below $16000, I am using the 100% money to buy. This is more than DCA because that price is the list price if bitcoin. Likely bitcoin is not going to $14000 ever again.

If the price of bitcoin is still at $18000 to $25000, I will continue DCA.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Pandu Geddon on March 10, 2023, 12:39:06 PM
I am very bad at investment planning. I only buy when I have the money and the will to buy. I don't care about the value that is always moving. this one year I only focus on increasing the quantity of Bitcoin that I have.
but indeed when we see the price is dropping because of FUD, it makes us feel compelled to take money out of our wallet to buy Bitcoin. as many people say when the opportunity arises, and buy low and sell high. simple principle but might be difficult to implement for a beginner.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Saisher on March 10, 2023, 01:17:17 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that means that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.

It's actually a piece of good financial advice and this is what I'm actually doing or should we be doing, waiting for the FUD so weak hands will release their holdings the bear market is the time when newbies and weak hands show their true color, what we mean by weak hands are those who invested with money they can't afford to lose, or who have not to trust the market and still holding on the thought that Bitcoin is dying.
Strong hands are those who patiently wait for the right and best time to buy, we are defined by what circumstances we are buying and selling our Bitcoin.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: BitMaxz on March 10, 2023, 01:31:57 PM

That's the hard part you will never know when and what price is bottom without DCA you won't be able to timing when to buy.

Likely bitcoin is not going to $14000 ever again.


How did you know? There is no way to know if Bitcoin can touch again to 14k if you know what happened in the past about the price of bitcoin there is also someone predicting that the price of Bitcoin won't drop below 10k but after a few months, it started to drop below 10k. So there is still a possibility it may drop to 14k or lower than that.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: UserU on March 10, 2023, 01:43:04 PM

How did you know? There is no way to know if Bitcoin can touch again to 14k if you know what happened in the past about the price of bitcoin there is also someone predicting that the price of Bitcoin won't drop below 10k but after a few months, it started to drop below 10k. So there is still a possibility it may drop to 14k or lower than that.

Chances of it dipping to 14 is quite unlikely. Even with multiple unfortunate events last year, the lowest price point was at sub 15K.

DCA is still ideal though.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: tranthidung on March 10, 2023, 01:56:55 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.
Like don't try to time the market and find it bottom. You can not.

Dollar Cost Averaging is cool. This website is useful to make your DCA plan https://dcabtc.com/

With DCA, you will spend fund regularly and after a few months or years, you will have big net capital by DCA. If you don't do DCA, you will not assign a same big net capital because when you have money in hands, you likely will use it for other purposes that reduce total capital for your investment.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: dimonstration on March 10, 2023, 02:43:51 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.
Like don't try to time the market and find it bottom. You can not.
Dollar Cost Averaging is cool. This website is useful to make your DCA plan https://dcabtc.com/

With DCA, you will spend fund regularly and after a few months or years, you will have big net capital by DCA. If you don't do DCA, you will not assign a same big net capital because when you have money in hands, you likely will use it for other purposes that reduce total capital for your investment.

I do DCA most of the time but I’m looking for a scenario like this for a possible good entry on short trade separate to my DCA. I personally find DCA quite boring especially if the price keeps back and forth that result to breakeven even if I’m doing DCA since 16K to 25K.

This is what I’m doing now to find a perfect opportunity to purchase at the current trend bottom and not the real bottom because no one can really predict that sweet price for entry.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: armanda90 on March 10, 2023, 03:08:24 PM
I don't care about DCA moment and seems right now is the best time for investing in Bitcoin although many people speculation about FUD still not over yet and have potential with Bitcoin price lower under $19,000. Dropped from $25,000 to $19,000 seems have enough and right now the great time for reinvesting in Bitcoin without hearing any positive news for reaching back to higher price.

But optimistic with Bitcoin current price have been lower and if still waiting I don't sure have another chance will drop again, I think next several days Bitcoin will back around $22,000 until $23,000.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Marykeller on March 10, 2023, 03:19:56 PM
The best choice I have at this time, when the price of bitcoin ranges from $20k to $23k, is DCA. I'll be gradually taking profits as the price of bitcoin rises and falls.

Likely bitcoin is not going to $14000 ever again.

You cannot predict whether or not bitcoin will reach $14,000. We are yet to understand the direction of the bearish market, taking the bitcoin price to. Whether we are to witness a $14k price or not. Nevertheless, many investors will be expecting that bitcoin will drop in price to $14k or even less. So that they will have a great incentive to invest more


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: 348Judah on March 10, 2023, 03:36:17 PM
To make it more simpler in advising newbies, one of the things that discouraged maby people from investing in cryptocurrency is FUD, but you don't need to consider that when you're about to take a decision in other not to get discouraged, we have many people everywhere talking different manners of things about bitcoin and other cryptocurrencies but what we see and leanrt should be our first consideration and not what others say, they will not invest and will always discourage others from doing so.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: cryptoaddictchie on March 10, 2023, 03:49:57 PM
Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.
Actually some smart buyers actually waiting for their target price and those big players even paying some media to create noise and news that even recycle to use for dragging btc down. If you are smart enough then youll just bought it when it goes down hard and ecen bought again if it plunges to average thevloss of value by buying at a lower price. Means DCA is a good way to counter this kind of market.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: tvplus006 on March 10, 2023, 04:06:33 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price...

If you are a long-term investor, then you do not even need to try to make a purchase when the price reaches the bottom. What difference does it make if you bought BTC for 15 thousand or 20 thousand if you intend to sell it for 100 thousand dollars. Buy some BTC now and then repeat the purchase if the price continues to decline.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: sujonali1819 on March 10, 2023, 04:23:04 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.

What does mean by this FUD actually? As I know it's something like a piece of false news but hyped on the internet. So it could good news or bad news. Most of the time it acts as bad news I assume. But you are suggesting buying bitcoin when FUD is upcoming. So a Big chance to lose your fund because most of the time FUDs are bad news and help to crash the market as I know.

If I am wrong please correct me, someone. Maybe I don't know the proper meaning of FUD. :)



Title: Re: Don’t buy Bitcoin when FUD is over
Post by: _act_ on March 10, 2023, 04:28:59 PM
How did you know? There is no way to know if Bitcoin can touch again to 14k if you know what happened in the past about the price of bitcoin there is also someone predicting that the price of Bitcoin won't drop below 10k but after a few months, it started to drop below 10k. So there is still a possibility it may drop to 14k or lower than that.
Anything can happen, but that is based on my analyses and how the price of bitcoin has been in history. But let me put it like this: if the price of bitcoin get to $16000 again, will you not buy enough? If you did not, it would only be a missed opportunity of the next bull run, although the price may still fall again and reach $16000, but getting below $14000 is highly not likely at all.

What does mean by this FUD actually? As I know it's something like a piece of false news but hyped on the internet. So it could good news or bad news. Most of the time it acts as bad news I assume. But you are suggesting buying bitcoin when FUD is upcoming. So a Big chance to lose your fund because most of the time FUDs are bad news and help to crash the market as I know.
Did you remember the China FUD on bitcoin and crypto ban? The price crashed from $46000 to $29800 at that time. Did you remember the one that happened during FTX implosion? Bitcoin price crashed from $22800 to $15500. I think that is what OP meant. During the FUD, the price will fall significantly. After the FUD, you can still wait, but you will notice that bitcoin is not going beyond certain price again after massive bear market.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Rikafip on March 10, 2023, 05:03:19 PM
Likely bitcoin is not going to $14000 ever again.
Hah I wouldn't bet on it, that we will never see those prices again. Just a couple of months ago bitcoin was ~$16k which so who is to say that we won't go back there again with everything that has been happening lately, and it doesn't take much from 16k to 14k. If something happens to Binance (which is a realistic possibility) for example, we would go through 14k like a hot knife through butter.



Title: Re: Don’t buy Bitcoin when FUD is over
Post by: uchegod-21 on March 10, 2023, 05:24:48 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.
Instead of waiting for FUD to start and maybe over and timing when to buy or not, it would be better you start buying at low now either as you earn or you apply the DCA method. This method works well for long term investors.
Do not used FUD as a criteria to enter or exit market because FUD never ends and has so many negative implications.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: pooya87 on March 11, 2023, 06:09:19 AM
That doesn't sound like the most reliable strategy, at least not something that could work all the time.
The thing about FUD is that its effectiveness depends on a lot of factors. For example market sentiment and the ongoing trend plays a very important role. 2017 is the best example of everything since we saw literary everything in that year.

After SegWit was activated there was a massive FUD campaign telling people that they will lose their money by repeating a keyword called "anyonecanspend" lying that anybody can spend your SegWit transactions trying to push the price down. It didn't really work and price went up.
On the other hand there was another FUD campaign before SegWit activation where everyone was spreading FUD even some of the US banking cartel joined in talking about the "end of bitcoin" and it caused a considerable crash.

2 different FUD campaign at 2 different times had 2 different outcome.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: doomloop on March 11, 2023, 09:53:03 AM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)
How does one know when the FUD is coming? If that was really something we could know, I think we could all time the market pretty well. So it is better not to chase FUDs or anything, and simply start doing DCA as soon as you feel that the price is starting to drop slowly. This way, you won't miss any points and will have enough collected when it reaches the bottom.

This is the best way if you have been saving up to invest in Bitcoin at the best possible price. Timing the market exactly is not possible and is hardly doable. So, it's better to just do the least doable.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Gozie51 on March 11, 2023, 04:19:04 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.


Who knows when the fud is coming or over? What are the signs for them? The timing for any of sort is never accurate and with that I think DCA is still the best way to measure out some profit at any major bull run if you already hodling. Looking for an appropriate timing will turn you into s spectator outside from the market. Only buy when you expect price can run with your hodling and you can cash out if you are not in for the long.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Xal0lex on March 11, 2023, 05:04:05 PM
In general, you can buy bitcoin at any time, because bitcoin is always growing, unlike the vast majority of altcoins. Of course, you can follow the charts and look for the ideal entry point for a profitable buy, but not everyone does that. Even the big players are buying bitcoins without looking at the charts. You can buy bitcoin at any time and with any free money you have, if your planning horizon for making profit is much longer than the next month. If your investment strategy implies long term HODL, for example 5-7 years, then who cares at all what is going on in bitcoin market right now. Only short-term speculators and leveraged traders care.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Merit.s on March 11, 2023, 07:16:05 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.
The FUD shouldn't be what we should wait for before buying because we are not seers.
I know that in the crypto market,one of the rules for trading is buy when the price is low and sell when the price is high. I think only traders should do this, investors who wants so hold for long don't have any business to do with the fluctuation in bitcoin price. All they need is regular DCA and wait till bitcoin halving is over and sell some of their investment during the bull run at a desired price. If bitcoin price goes dip beyond expectations, it will be a good opportunity to buy more bitcoin to your investment.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: drwhobox on March 11, 2023, 10:17:03 PM
That is the good idea.

But if bitcoin can decrease to $17000 next, I am buying big amount, it is a good buying price. If it falls back below $16000, I am using the 100% money to buy. This is more than DCA because that price is the list price if bitcoin. Likely bitcoin is not going to $14000 ever again.

If the price of bitcoin is still at $18000 to $25000, I will continue DCA.
LOL same here, I am also waiting for bitcoin to go down under 17k$ to buy more again. But I don't think the price will go down to this point now, so we have to wait for a long time to buy again. But if the price goes down I will empty my bank and I will go all in.
I set an alert for 17k$ already, and I wish bitcoin price to go down.



Title: Re: Don’t buy Bitcoin when FUD is over
Post by: juhobtc on March 12, 2023, 11:51:11 AM
Or instead of trying to time the market (which you will most likely fail to do as a newbie anyway), why not use DCA (https://www.investopedia.com/terms/d/dollarcostaveraging.asp) method so you don't have to worry about any of things you mentioned?
Perhaps this is the best advice for beginners, I read the forum and I see that even for experienced users it is not so easy to determine where the bottom will be, and even more so it will be difficult for beginners. DCA greatly simplifies and makes everything understandable.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: bounceback on March 12, 2023, 10:26:05 PM
If our investment goal is for the long term then buying bitcoin when there is FUD is of course a good opportunity because when FUD takes place the market will usually experience a panic and make the price of bitcoin fall due to the panic selling factor carried out by some investors in the market, so this momentum we can take advantage of it by making purchases in stages so that we can continue to get cheaper prices when making purchases, never hesitate to buy when FUD is in progress because so far this event will only have a brief impact on market movements and when the panic ends the market will rise return.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: hatshepsut93 on March 12, 2023, 10:38:02 PM
FUD is always present because there are always people who hate and dismiss Bitcoin. When the market is bearish they get more active and the media is more interested in covering negative aspects of Bitcoin rather than positive.  But it's all very relative.

Everyone knows that it's better to buy during the bear market, but no one knows how long it will last and where is the absolute bottom. That's the problem.

***Not a financial advice.

*Gives financial advice*


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Falconer on March 21, 2023, 07:07:55 PM
If our investment goal is for the long term then buying bitcoin when there is FUD is of course a good opportunity because when FUD takes place the market will usually experience a panic and make the price of bitcoin fall due to the panic selling factor carried out by some investors in the market, so this momentum we can take advantage of it by making purchases in stages so that we can continue to get cheaper prices when making purchases, never hesitate to buy when FUD is in progress because so far this event will only have a brief impact on market movements and when the panic ends the market will rise return.
Please note that currently bitcoin is still 54% below its last ATH. This means that we can still expect good potential to achieve new ATH in the future because it has been proven in history. The same thing happened in 2018 and 2019 or after the 2017 ATH, but 2020 was a banger as $69k was hit as bitcoin's new ATH.

If you and others are hesitating because you think the current price is too high, then use a sound strategy. Of course, it's DCA.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Peanutswar on March 22, 2023, 12:38:17 PM
Better to make an accumulation with these possible times, its ideal to make a market technical analysis so you have a way where to buy or where to sell and set a goal always make a plan with your investment and not just only letting your money in the wallet you have, we know how does the bitcoin goes pump and we experience already for the previous halving there's a chance that those coins will make a good run and profit sooner or later. Buy when people doubt and sell when people scared to get late. Always set your mindset in advance to gain more profit.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Smack That Ace on March 22, 2023, 01:12:32 PM
If our investment goal is for the long term then buying bitcoin when there is FUD is of course a good opportunity because when FUD takes place the market will usually experience a panic and make the price of bitcoin fall due to the panic selling factor carried out by some investors in the market, so this momentum we can take advantage of it by making purchases in stages so that we can continue to get cheaper prices when making purchases, never hesitate to buy when FUD is in progress because so far this event will only have a brief impact on market movements and when the panic ends the market will rise return.
Please note that currently bitcoin is still 54% below its last ATH. This means that we can still expect good potential to achieve new ATH in the future because it has been proven in history. The same thing happened in 2018 and 2019 or after the 2017 ATH, but 2020 was a banger as $69k was hit as bitcoin's new ATH.

If you and others are hesitating because you think the current price is too high, then use a sound strategy. Of course, it's DCA.

It is true that when there are big fuds that will cause bitcoin to decline, it is a good opportunity to accumulate, but sometimes bitcoin does not need fuds or negative news also to decline. But I won't wait for fuds or black swans to happen to start buying bitcoins. I will buy when I can, and if everything goes according to my plan, I will buy bitcoin.

Like now, we have no bad news, and bitcoin price is only 28k, if we wait without buying right away, we will most likely regret it if bitcoin crosses 30k and goes up a circuit without a decrease again.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: macson on March 22, 2023, 01:53:26 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.
right, the best opportunity to buy bitcoin at any time is when the red market or FUD is spreading strong so i always prepare the cash that i generate from my real-world business to keep buying bitcoin using the DCA method, i also use the 20% percentage (that I buy) when the market moves down.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: AakZaki on March 22, 2023, 07:39:48 PM
Please note that currently bitcoin is still 54% below its last ATH. This means that we can still expect good potential to achieve new ATH in the future because it has been proven in history. The same thing happened in 2018 and 2019 or after the 2017 ATH, but 2020 was a banger as $69k was hit as bitcoin's new ATH.

If you and others are hesitating because you think the current price is too high, then use a sound strategy. Of course, it's DCA.
The current price is still quite far from reaching the last ATH. Now is really a Bitcoin recovery moment if no FUD is coming, FUD can indeed happen but some FUD has taken a hard hit to the Bitcoin price. When Bitcoin reaches $28k at the moment, it is a good point and will continue to increase until it can reach the $30k level. The clear potential in Bitcoin and good advice to start buying now and using the DCA strategy. There is no need to doubt, buy and hold in the long term it will be better and will provide commensurate profits, even more.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: erep on March 22, 2023, 09:06:51 PM
The current price is still quite far from reaching the last ATH. Now is really a Bitcoin recovery moment if no FUD is coming, FUD can indeed happen but some FUD has taken a hard hit to the Bitcoin price. When Bitcoin reaches $28k at the moment, it is a good point and will continue to increase until it can reach the $30k level. The clear potential in Bitcoin and good advice to start buying now and using the DCA strategy. There is no need to doubt, buy and hold in the long term it will be better and will provide commensurate profits, even more.
Even though market conditions are recovering but suggest for buyers to wait for the next correction because the market is still the highest recovery price so far, if you buy with the DCA strategy at the current price then you should focus on long term investment, my prediction is the market can correct at a price of $ 25k if the $27k price is unsustainable, so I think there is no need to rush into buying at the current price and need to wait for the right moment for a lower price.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Faisal2202 on March 23, 2023, 12:51:50 PM
snip
Agreed, to understand it more accurately you can observe the latest fud created by SEC and USA banks, but those fuds are to decrease the BTC capital/price. I know they are not fuds but some bad economic events have the same effect on BTC price. overall, when people fell prey to those fuds and some sold in panic and some bore it with patience but when time passed people moved on then most of us bought it in by thinking that BTC is already at 22k (let's assume) not there are more chances of it to go to $25k no doubt it hit that target too.

The real game starts when that sentiment made a place in people's hearts and traditional traders thought of it as also a good opportunity but then USA banks were bankrupted which make the BTC price decrease. But suddenly it increases to $27k and now it's at above $28k.

No one can predict the market accurately, and that's why there is a bundle of trading strategies to make more profits and fewer losses.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: salad daging on March 23, 2023, 04:05:13 PM
The current price is still quite far from reaching the last ATH. Now is really a Bitcoin recovery moment if no FUD is coming, FUD can indeed happen but some FUD has taken a hard hit to the Bitcoin price. When Bitcoin reaches $28k at the moment, it is a good point and will continue to increase until it can reach the $30k level. The clear potential in Bitcoin and good advice to start buying now and using the DCA strategy. There is no need to doubt, buy and hold in the long term it will be better and will provide commensurate profits, even more.
It's enough to feel now how FUD hit bitcoin to fly again after yesterday's correction, it will still be the way to buy bitcoin now it's still quite good it's just that among those who want to buy then think this is already high then it will be doubtful especially not understanding the history of bitcoin how it used to be so it is difficult for them to determine when to buy.

It is true that you said the DCA strategy is the best, we will not know an increase or decrease, basically DCA is consistent regardless of price, because this is for the long term, so accumulating with this method is a good idea for those who want to try investing in bitcoin.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Coyster on March 23, 2023, 06:09:52 PM
Of course everyone wishes/wants to buy low and then sell high, but it isn't always the case because the market is volatile and somewhat unpredictable. Sometimes whilst waiting to buy low, the price pumps and you regret why you hadn't bought since, and at that point you are caught up in two minds if you should buy now the price has appreciated, or do you wait for an upcoming fall in price before buying. The whole thing is difficult to keep on speculating this way, thus the best thing to do is follow a strategy and stick with it no matter what, even if your emotions are telling you otherwise.

Having said that, if you are a long term investor who uses DCA, the price of Bitcoin at the time you want to buy should not be your problem because you are hodling for a long time, and you will buy some low, some a little bit higher, but overall the average price would be favorable. But for short term investors, they have to be careful when they purchase, or else they'd be forced to hodl for long, or sell at a loss.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: MarjorieZimmermanGinger on March 23, 2023, 08:49:24 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.
After learning about investing in bitcoin for a long time I finally understood one thing, that buying when FUD conditions are very profitable because bitcoin is at a cheap buy price. But there are also DCA patterns that can be applied in making bitcoin purchases and both are very profitable as well.

In recent years I have really enjoyed FUD and no longer think it's anything to worry about, because the strength of the investments we make has led to a conclusion about the power of bitcoin.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Rengga Jati on March 23, 2023, 09:47:05 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.
FUD will always impact on decreasing price. Every time FUD is coming, the price of bitcoin will be dropping. this is usual and often happening.
But how we accept the condition will also depend on how our target in Bitcoin investment. Traders or short term investors may not like this condition. But for the ones who are investing for longer time period, and they also have much money, more FUD, more Bitcoin.
But how if we don't have enough money to shop during the bear market or FUD leading dropped market? Well, just wait and see with some regret   :D


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Rigon on March 23, 2023, 10:32:24 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.
Can still be purchased after Fud ends. As the year 2022 was very scary for us. To overcome this 2022 shock, we are moving towards a better market position now. There are many investors who cannot buy from bad market positions. At that time they kept themselves away from investments due to dumping market conditions. Now that the market is good, many investors are preparing to start investing. What I mean here is that investors tend to invest the most when the market is in a good position. That doesn't make for a bad market.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Cookdata on March 24, 2023, 10:35:09 AM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.


Buy but don't buy to hold for a long time, from the current price of bitcoin, if I decide to buy bitcoin at this price now with a significant amount of money, I can still make 50% from this rally before the next halving, which is less than a year away, that is the advantage of following market rally but it must be done with caution so that you don't get caught or dump on, this is the time you see new traders acting degens because this is the time to make sweet profits without doing more research of any kind but as I said, caution must be put in place so as not to fall for fake pumps.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Eureka_07 on March 24, 2023, 02:52:14 PM
<snip>
Do we have any clues when a FUD started or when it will end? Is there anything we can refer to for that?
I am not very familiar on how FUD works, but I think it best to buy in the middle of it, cheaper price isn't it?  But the problem is how can we possibly tell when to buy or not?


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: jeraldskie11 on March 24, 2023, 04:54:16 PM
Do we have any clues when a FUD started or when it will end? Is there anything we can refer to for that?
I am not very familiar on how FUD works, but I think it best to buy in the middle of it, cheaper price isn't it? 
You will know that there is FUD when there is bad news or events in cryptocurrency along with drastic drop of price. If they see that a dump has started after they heard the news, many people will sell their assets to avoid further losses. This usually happens when the market is clearly in an uptrend and then suddenly crashes, there is a big chance that there is a fud behind it. But just because it's FUD, it doesn't mean it's true because it's just a manipulation tactic to fill big orders from big banks or institutions before the price continues to rise again. If there is too much FUD, it is possible that the price will continue to fall.

Quote
But the problem is how can we possibly tell when to buy or not?
If you know to analyze the market, you will earn a lot with it. It's just a supply and demand. If the supply is getting low, wait for a sign of strength, meaning the demand is overpowering supply. This is a sign that there are less willing to sell their assets and it's time to buy.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Mr.right85 on March 24, 2023, 05:38:42 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.
There seems to exist some obvious association in the cryptospace and FUD - Bear is one obvious one. Although, there have been few instances when the FUD been passed around had little or no effect on the trending market but, most times, we find the market succumbing to the FUD due to the tricks it plays on investors mindset. Mainly the new investors.
As much as the FUD might be a signaler for some, it's not a very effective wh as, you can't really put a timing on the market and have a laid down resource for when that time would come. Using DCA might be one of the best means still as it keeps you in the market when your resources agrees.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Outhue on March 28, 2023, 08:05:19 AM
One of the best times to buy bitcoin is when the FUD is fresh and ongoing, it also depends on how big this FUD is, sometimes it has no impact on Bitcoin value and sometimes they do have a massive impact on the market, but if it does then it's a buying time, but the most effective way of accumulating Bitcoin is in a downtrend, never buy when the price is recovering, keep your eye open for any possible opportunities so you won't miss out.

Take advantage of the Bear market and bad news that may affect crypto adoption, they never lasted long, it's like a form of market manipulation.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: ZAINmalik75 on June 25, 2023, 08:07:53 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.
In my mind instead of waiting FUD to come and get opportunity to buy Bitcoin at cheap price why you shouldn't try to use Proper DCA for Bitcoin accumulation at every possible down trend opportunity.
Timing a big FUD which really flactuat the Bitcoin price is really hard for newbie in cryptocurrency world as because some time they bought at the top as they have no idea how much ans where Bitcoin price will dump and as a result they face huge loses, so the efficient way of collection Bitcoin where newbie has nill chases of loss is Dollar Cost Average 😎


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: 20kevin20 on June 25, 2023, 08:39:10 PM
Buy every now and then and stop wasting time on finding the perfect timing. The perfect timing is always. You’re still part of the first of those brave enough to encourage themselves and invest in BTC. You’ll always be a step ahead of the rest who’re still deciding whether it’s worth it or not.

Timing the market is useless - you’ll get a few decent timings but if you screw up once, you’re gonna be pulled back from the progress you made. Why do this when you can just relax and invest at random times of the week?


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Yamifoud on June 25, 2023, 08:44:45 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.


Whether it was because of the FUD or not, just buy Bitcoin during price correction, not during the recovery period. Because we aim to earn a huge profit should be done before the pump, that was the perfect time to do it. We don't have to worry about buying Bitcoin during correction as we believe that it rises back again, unlike these shitcoins and meme coins. Sometimes we have the kind of thinking that when the decline is showing, we also then think about dying and the market collapse that is why, instead of buying low people wait for the price to pump before buying and they miss the great opportunity.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: ScamViruS on June 25, 2023, 08:52:57 PM
<snip>
Do we have any clues when a FUD started or when it will end? Is there anything we can refer to for that?
I am not very familiar on how FUD works, but I think it best to buy in the middle of it, cheaper price isn't it?  But the problem is how can we possibly tell when to buy or not?
It's all there is in the crypto market, you can learn everything by doing a little research. FUD is spread through news, and it is spread in such a way that it reaches maximum crypto investors and panics the market. When panic spreads in the market, it is expected that it will have a strong impact on the market. So then panic selling will start in the market, for which there will be opportunity to buy on the other side.

If you have enough knowledge about trading, then you can earn well in this situation, because when FUD is created in the market suddenly, most of the time the market goes into a down trend due to its effect. And that is the best way to earn money for many people.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: lalabotax on June 25, 2023, 08:53:44 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.
Exactly, once the FUD is over, the market will commonly rise up significantly in a quicker time. And that time, we may regret something because we are too late to enter. FUD is the one that always makes market drops seriously, bigger the FUD, bigger the influence to the market.
For a long term holder, doing DCA moreover with more FUD to drop the market often is a good idea to increase their portfolio accumulation.
But for day trades or short terms holders, this impacts badly, extrlmely bad sometimes.
So, decide what you are.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Myleschetty on June 25, 2023, 11:24:20 PM
Buy every now and then and stop wasting time on finding the perfect timing. The perfect timing is always. You’re still part of the first of those brave enough to encourage themselves and invest in BTC. You’ll always be a step ahead of the rest who’re still deciding whether it’s worth it or not.

Timing the market is useless - you’ll get a few decent timings but if you screw up once, you’re gonna be pulled back from the progress you made. Why do this when you can just relax and invest at random times of the week?
Timing the market is not useless since the cryptocurrency is always volatile in nature and there will always be a moment of bearish where the market will dump in price. That's the reason why the OP advises not to buy when the FUD is over because the best time to make an investment in cryptocurrency is when there's blood in the market. But if you're referring to new investors buying now is a good time for them.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Peanutswar on June 25, 2023, 11:44:02 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.
In my mind instead of waiting FUD to come and get opportunity to buy Bitcoin at cheap price why you shouldn't try to use Proper DCA for Bitcoin accumulation at every possible down trend opportunity.
Timing a big FUD which really flactuat the Bitcoin price is really hard for newbie in cryptocurrency world as because some time they bought at the top as they have no idea how much ans where Bitcoin price will dump and as a result they face huge loses, so the efficient way of collection Bitcoin where newbie has nill chases of loss is Dollar Cost Average 😎

Reason why it's ideal to keep updated with the cryptocurrency news related to those coins you want to trade or invest with this serves an idea if you are going to put a position or not. For me having a timing on this gives you profit for example previously happen the BNB people grab the opportunity to trade sell because the Binance does not make process their license to operate. Another is the Luna after the hype, people hold the chance to buy on the dip and wait for the small pumps and immediately sell.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Awaklara on June 26, 2023, 03:50:39 AM
Reason why it's ideal to keep updated with the cryptocurrency news related to those coins you want to trade or invest with this serves an idea if you are going to put a position or not. For me having a timing on this gives you profit for example previously happen the BNB people grab the opportunity to trade sell because the Binance does not make process their license to operate. Another is the Luna after the hype, people hold the chance to buy on the dip and wait for the small pumps and immediately sell.
this is the case with altcoins, although the impact is also felt on the price of Bitcoin, which is why we will only focus on Bitcoin investments. altcoins are for short term only. and take profits as soon as the pump occurs. never follow the hype created by the altcoin market, it can trap you very quickly. even when prices have dropped, some altcoins are very hard to come back to once they don't earn the market's trust anymore.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Ziskinberg on June 26, 2023, 12:42:54 PM
Reason why it's ideal to keep updated with the cryptocurrency news related to those coins you want to trade or invest with this serves an idea if you are going to put a position or not. For me having a timing on this gives you profit for example previously happen the BNB people grab the opportunity to trade sell because the Binance does not make process their license to operate. Another is the Luna after the hype, people hold the chance to buy on the dip and wait for the small pumps and immediately sell.
this is the case with altcoins, although the impact is also felt on the price of Bitcoin, which is why we will only focus on Bitcoin investments. altcoins are for short term only. and take profits as soon as the pump occurs. never follow the hype created by the altcoin market, it can trap you very quickly. even when prices have dropped, some altcoins are very hard to come back to once they don't earn the market's trust anymore.
That's how the news gets influenced by the market and sad to say that some whales make use of this to take advantage of innocent and panic sellers. It is a trap for those who would easily get fueled by panic and upload their coins immediately. While they are thinking about selling, whales are also buying their coins.
Until many investors haven't yet changed their approach to the market and thinking, whales will beat them and continue to manipulate the market.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: Mate2237 on June 26, 2023, 09:39:11 PM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.
Buying of Bitcoin has nothing to do with the FUD, Op you are indirectly telling us that we not not buy and sell Bitcoin in the bull time. Because at that time the FUD is over and that is the best time to sell and people must buy. Buying and selling of Bitcoin has no scope. You can but at any time and sell when the price has risen. Buying at the bottom is good but when the top as come you will still buy.


Title: Re: Don’t buy Bitcoin when FUD is over
Post by: TravelMug on June 28, 2023, 03:55:00 AM
Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price.

Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  ;)

***Not a financial advice.
Buying of Bitcoin has nothing to do with the FUD, Op you are indirectly telling us that we not not buy and sell Bitcoin in the bull time. Because at that time the FUD is over and that is the best time to sell and people must buy. Buying and selling of Bitcoin has no scope. You can but at any time and sell when the price has risen. Buying at the bottom is good but when the top as come you will still buy.

Perhaps his point is that when "there is blood on the street, you should invest". Because for sure, when there is FUD around, people are going to sell because they are afraid that the price will decline.

And if you are a wise investors, you are going to wait for that time, when everyone panics and then you see a big drop like 5-10% in a day which means there is massive selling. Then that is the opportunity that you are all been waiting, to buy cheap BTC and then just continue to HODL on it.