Bitcoin Forum

Read up on sales, people go nutso over two things...urgency and scarcity...so yeah wait till the supply really gets scarce and essentially every coin has been mined...people are going to go ape shit...scarity like the movie "the road", with a strange family and a basement full of people alive with their limbs cut off...begging to be let out...lets hope it doesn't get that bad

what i'm saying is, buying up under 8000...and even 8000....such easy money...in a week...or real big money in like 2-3 years...like why the fuck did i sell shit...

HODL

https://www.bitcoininvestr.com/wp-content/uploads/2018/02/normie-buy-on-dip-hodl-meme-700x472.jpg

https://www.bitcoininvestr.com/wp-content/uploads/2018/02/bitcoin-yoda.jpg



idk if youve noticed but BTC is at like 7750...FUCKIN BUY n HODL....eaaaaasssy $$$$

price is actually even better than that...its time its time....making Christmas making Christmass

Don't miss out...i swear anything under 8000 is a straight up steal...

Most of the users have already started to buy bitcoin and some are still waiting for it to touch rock-bottom, But again it's bit worrisome for those invested during ATH by shelling out $20k USD as they are yet to recover it nor bitcoin has crossed $15k mark yet. We need to have a strategy before buying it as the values can further go downhill. It's better to understand the market before buying like crazy in FOMO.

It seems very bearish. I am wondering to sell.. I hope you are right. I bought near the price of 10000$. >:(

nowadays the biggest mistake you may make is the panic sell; guys please dont panic and dont sell in the dip.

With whales robbing small investors, it will be difficult to convince people to buy, OP.

Was thinking bitcoin below $10,000 gives great buying opportunity, here we are now, bitcoin even dump more and it could dump further, but do we still have to wait for that?  No, let's buy now if the if the intention is to hold longer and even in short term, at the current price most likely we will get good profit once the market bounces back again.

Nobody is getting robbed. Impatient BTC investors are giving their money away to patient investors. In a nutshell that's how all markets work. Retail investors get fleeced because they greedily buy tops and panic sell bottoms instead of buying and holding.

Most people can't trade markets profitably. (https://bitcointalk.org/index.php?topic=5184800.0) When it comes to strong investments like BTC, they should stick to DCA and just HODL for the long term.

Many are saying that buy more and hold because they believe that bitcoin will gonna goes up. So they still buying a more and they hold it for along time. So buy more and do hold it for you to get a good profit.

Why not still hold? You've came to buy bitcoin knowing the risk, do you? -Volatile market. And this dump is some kind of correction for upcoming bullish. Anyway, if you'll gonna sell your btc right now, you'll be deficit. I know your feeling but there is always an option. HOLD. I can see you are new in crypto, disregard fomo and continue to hold. It is not forever bear, please remember that. Bulls are just in the corner and you can still hit that target profit of yours above $10k.

You got it right, with whales who knows more than those ordinary and small players, they are very good from how they've played the market.
Many different opinions are taking place from each types of traders and investors, you can find this bearish movements as opportunities but if
you are not careful you can also lose more once the whales dumped more assets and wait for weak holders to follow.

lol, buy and hold? no i say sell but when the price is still up (meaning above $9k) not when the drop ended and price reaches a moderate stability at what is essentially the bottom of that previous drop. it is really annoying to see so many panic sellers start selling after there was a 20-25% drop to push that last 5-10% on top of the already down price and push it lower and lose money.
right now i consider the market to be heavily manipulated which is always the time when i personally stay away from the market and let the shitshow end before coming back.

I might do that when the price of bitcoin is below $ 7500, but given the current price, it seems quite difficult to expect it that way. if the decline continues, I think it is a great opportunity, I have thought about this since seeing the price go down. however, the potential for an increase at halving really does exist.

Yes, I have made my mind to buy some coins at this point of time. Crypto is giving again an opportunity to buy the dip and make some money when the price increases, big whales have already started to buy coins from the panic sellers and they will make some big profits if the market go high. So guys keep in mind and plan accordingly.

This is something an investor could be easier said than done. "buy low, sell high" right? I was wondering why there are still some investors complaining about their massive losses lol.
Anyway, we are all aware of this basic strategy, but it's just inevitable not to think and worry about when the price starts to decline continuously, like how the market is currently reacting today. This is where the weak hands losses their patience as well as their invested money.

Its 26 months of bear market, a situation which never happened before in bitcoin's history.
I'm wondering if bitcoin will have the same destiny of gold and silver. These assets are in a eternal bear market since they were introduced to paper speculation.
Bitcoin now have paper speculation, like CME and BAKKT, and we are seeing the results. For the first time, bitcoin is not repeating the patterns from the previous cycle. Even the logarithm scale got busted.

Its never been an easy thing to be done, it might be so basic as it sounds but actually doing it is the hardest part as a trader.
We wont able to know on when is the right spot to accumulate and when is the right time to sell off. Profitability will somewhat vary
or depend on how people or investors do react into their current position. Buy and hodl doesnt work from time to time and even
bitcoin wont really give out such guarantee.

Robbing is illegal, how do you define the way they rob small investors?
This market has been so risky even at the very beginning, so investors who tried their luck here should be aware of the risk and they should also be aware that there are whales who have the power to manipulate the price, so they can make a strategy on that and will not blame the whales in the end if they fail.

Manipulation is that what it says why small investors become victims always,and the weak hand holders also the target.
but now that we are in $7k level?yeah i think this is the best time to buy more and Hold before the bull starts to push the market.
the question is if you have capital to buy,but what about those small investors that only relying on the market Bull to have another capital to buy again.

Some people just cannot hold in the situation we are living right now. A lot of people I know have invested all their savings in BTC a few months ago and today they're out of cash, but they need it to prepare for a potential pandemic. I have personally taken a few days off the forum and the internet itself, because I want to focus on preparing for a possibly really bad situation. Investors have a lot of reasons to sell right now. I fortunately do not rely on Bitcoin 100%, which means I can still live without selling a single satoshi even if the price dumps to $100.

I am now trying to get back into the habits I used to have a few weeks ago. The virus outbreak made me move and add some other stuff to the top of my list of priorities.

Don't worry, times will come when Bitcoin will grow back up. It's very understandable that a ton of people sell for various reasons.

This is really a good opportunity to invest and earn profit eventually but not all people do get such logic in cryptoindustry not only in Bitcoin. Everytime there is a downfall, many people are panic selling, because they thought in such way they would get away from profit loss but the fact is, they got away from the opportunity to earn profit someday, once recovery start. An investor's responsibility is to just wait patiently because no one knows when will the uptrend occur, but one thing is for sure,  after a downfall in the price of Bitcoin, there is a huge possibility that its price will again increase, the only perk is to wait without certainty, but for me, that is not a big thing, because it would be worthy.
We just cannot blame those people who are selling early, and we should never do so. But we should otherwise remind them to HOLD and to wait patiently. Seeing market prices fall, is indeed stressful, so in some way, we should understand such instances.
Choose only those coins in which you have a feeling of a price increase in the future and avoid investing to any crypto that you would see. More likely, quality over quantity - kind of mindset.

Why do you keep repeating this?

The 2014-2015 bear market was much longer than any other in history.

2013 top: week of Nov 25 2013
2013 top broken: Feb 20 2017

2017 top: Dec 11 2017
Today's date: March 11 2020

No matter how you define a bear market (% gains from the bottom, when the previous ATH was broken) the 2014-2015 one was longer. If BTC hasn't broken the 2017 ATH by the end of 2021, then we can talk. Until then, you're just spreading misinformation.

What people are forgetting that bitcoin is already scarce, the problem is there isn't really enough people who are willing to buy from this price. We are already at around 8 thousand dollars per bitcoin, that is quite scarce and getting closer to gold levels now, hell compared to gold coins we are less available and more expensive so we are almost already there if you think about it.

So, there is nothing to worry about, even the current price for the next 50 years without moving too much is fine because bitcoin is at an excellent price to be adopted globally, we just want too much out of it. If you are expecting a currency to move from 100 dollars to 100k dollars in 5 years (2015 to 2020) that means you might be expecting too much from that currency.

He's (maybe) worried about his coins not being sold even at the purchase price or might he getting worried about the halving that's stepping in?!?

@OP, I believe I'd literally not touch BTC below $8600 even if I'm getting it now at a bargained value because $8600 is such a key level for me that, once broken upwards, will get BTC into a bullish state once again.

Its not unreasonable to speculate on a recent low as being most of the move played out for now.     Since the wider market is also having a bit of a relief rally I think its a reasonable proposition to look for a switch in stance.

https://talkimg.com/images/2023/06/12/A9Xmj.png

I'll go ahead and make a guess at 8000 for a level to achieve and confirm above to show strength with 7700 the negative trend in play since we left the 2020 uptrend.



Stay diversified and pay the bills a year ahead is good practise.   To have all value in one thing would always be a mistake, extreme speculation is best done by registered companies who can write off their losses vs taxes.

At the moment the bitcoin situation is bearish and after reaching the price $ 7.8k, there may be some bounce prices or prices could be even lower.
Buying gradually can be an option if you have a reserve of money that you have prepared.
Bitcoin will be halving in the coming May, and maybe this will be the peak of the increase in BTC if the market conditions also support.
Buying and continuing to buy without proper preparation and management will have an adverse effect. Perform Hodl with targets that have been targeted and remain consistent with these goals.

Just HODL....  8)

I noticed that is not only bitcoin who meet a huge decrease in price but there are a lot of investment instrument who decreasing in price as well. We know oil price has been decreasing and some of stock market have been decreasing as well. So, there is no worry about it, bitcoin still still in a good trend. As you may know if you see some news that appear who stated that bitcoin hash rate has been touching new all time high, which I think the miners have considered that bitcoin price will goes up later, we have to remember with halving event. It may give a good affect for bitcoin price.

I agree with this, if someone is getting tired of losing money to the whales how about trying to do something different for a change? Investors need to begin to be honest about their skills, if you are no good at trading the markets and you have lost money for years then try something different, buying and holding bitcoin has been a profitable strategy for a long time, and even if we do not expect 100x profits from bitcoin, profits of 10x during the next decade are completely possible and it could be life changing if you invest enough money in bitcoin right now.

lol . i find it funny when you use a scene on the movie just to visualize if what people are be doing when the said scarcity for btc happens  but that is too exage bro  . you know btc isnt the only crypto on here or isnt the only asset that is profitable .  however i agree that we must be buying now and keep on hodling because that is the best policy if you are a solid cryptoer   .  price are cheap and verry recomendable to buy now because the value is in a stable side  . this give a window for people to not panic sell when buying 

People are getting upset over the price, I suggest to buy more coins at this moment when the price increases gradually you can earn a lot. Worrying is not the solution nor the panic sell, just understand the market situation and plan accordingly.

This dump is nothing new in the crypto history also the price will increase once the market will get rid of these panic sellers, Just hodl and don't be impatient things will be okay very soon.

   "Just understand the market situation" and please explain me how to understand it? Like market is dropping and we should sell and cut
loses, or to buy and hope for the best?
   Many people here talks same as you, understand this, understand that, do this and that, but nobody tells what exactly!

understand market conditions, such as understanding why prices may fall, why prices haven't gone up, and so on. to know that, you need to be aware of the information available. however, the current price drop most people say is due to the effects of the coronavirus. it's just that I think that is one of the reasons. however, you need to think that prices can go up and down quickly, because of that, you don't need to panic to sell your assets, because this is common.
however, many people have predicted that bitcoin prices will go down, other than that there are predictions that prices will go up after that. however, halving is the moment awaited to see the price of a bitcoin pump, therefore people always stress to hold assets, and understand the current market situation. on the other hand, there are several issues regarding the price deliberately lowered so as to cause a panic sell and become an opportunity for investors to buy a lot of bitcoin.

I thought scarcity of alcohols and Hand sanitizer.  ;D

Yeah, I would rather be at the same page.
We can see a drop in price but this will not take long.
It would be better to just use this as an opportunity to buy rather than being pessimistic and sell it all. It will be a dumb idea to do that.

Obviously that's what the smart investors are doing now, bitcoin took a hit today also, not only stocks, in fact bitcoin dropped below $6000 today.

Now, we can say this is really due to the corona virus.
https://cointelegraph.com/news/breaking-bitcoin-crashes-17-in-1-hour-below-6k-in-coronavirus-panic

people panic buying supplies but they are selling stocks, bad for the economy but I also believe things will be back to normal.

Yeah, it will be back.
Soon they will find out that is just another virus which is just like a fever.
There are more viruses in the past that are really serious like SARS, etc.

I am just really curious into when they will distribute the cure.
There should always be an antidote for every poison. I do think they have it but just don't want to share it yet.
They are still in the test mode if it will kill more people.

But soon they will all get out of their bunkers and buy that stock back. Luckily with crypto currencies it will be cheaper.

We still get a discount price of bitcoin, and I am sure that many people use this moment to buy more bitcoin with their money. No one will know what will happen with bitcoin after this, but if we can buy bitcoin right now, and in the next hour bitcoin price increase, you will have a chance to make a profit after you got a loss in a few days ago. Bitcoin price is still struggling to increase the price, and although yesterday we almost touch $6,000, the price does not break that barrier, but it goes down again this day. But soon, I am sure that bitcoin price will be back to the higher price, and for people who already buy bitcoin at the price today will have the moment to enjoy their profit.

This post was like a week ago, prior to the covid-19 scare and yet people that time are really shouting HODL, unfortunately, people didn't listen to the call, Lol, as the price plummet into $3900. So I guess when our backs is on the wall and really afraid of global recession and pandemic, our judgement is clouded and will just dump our precious bitcoin. I do hope that the selling pressure is over for now and time to get up and scoop cheap bitcoins.

We have been hearing this word ever since 2017 bull run to HODL and HOLD. In last 3 years bitcoin never looked to be strong enough to break the resistances and go close to its all time high. We have been hearing that bitcoin will be 30,000$, 50,000$ or even 100,000$ but practically this does not seems possible. Bears are in full control and everything bitcoin make any good momentum, it is dumped hard. Even the golden cross will not had any effect on bitcoins prices. People are losing hope and trust on bitcoins.

That's true it's like a domino effect, people are in a hurry to dump their shares, even at a loss and this is very bad news it just means that people are not totally believe that Bitcoin will not burst, so this is just the scenario that can make the market crash, but we are all hoping for a recovery period and I hope it's happening now even though it's still going down.

Those who went into panic mode and would have sold in 4k range would have made heavy losses because it was only a mater of time that prices had jumped again and were trading at 5500$. And surely people would have missed this rally and end up in a loss. Those who hold it gained the most in such cases and also people who had bought tat those levels are already in profits and would continue to make if they hold their coins for coming times.

As the price of Bitcoin continues to drop rapidly, this could only mean a chance for other people to invest in it before it pumps later this year. I am sure the price of Bitcoin will go up because of its supply that would decrease gradually after the halving. Even though the price of Bitcoin in the present is down, people should not panick but instead, buy more and invest big in the coin.

The dump in the price we are seeing was inevitable, even without the corona virus the price was bound to go down since the growth we experimented from the beginning of this year was suspect, but now that there is a crisis with the virus and the economies of the world are suffering most likely the price of bitcoin could go down even more and when that happens you need to get all the bitcoin that you can, since I doubt we will ever see such low prices again.

It seems that the creator of this thread was quite wrong. I hope that no one listened to his advice and did not buy it that day (March 9). This is a very good example of what you cannot do on the cryptocurrency market. This market is very volatile and really everything can happen. We are now observing big falls and this is probably not the end.
If someone is interested in a long-term investment, this moment may not be a bad to buy, but if you want to buy for a short period, then it's better to wait for the price to stabilize.

Well, I guess it's time to start buying and HOLD until the day Bitcoin starting to hit the bullish road again. I didn't expect this to happen but maybe they were right that this corona virus thing is the reason why the cryptocurrency plummet up to this point. Well, we don't have to worry that much if this pandemic will meet an end then everything will be back to normal again. As for now, let's just invest and buy more since this price is rarely to happen in a year and HODL!!!

We cant really say that corona virus doesnt affect crypto market as well.We have seen traditional stocks and forex indices that had been mainly affected on the current pandemic thing.
So i can surely say that its one of the factors that driven also the price down to this low levels.Its true that this isnt something new here on crypto yet anything can dump or decrease
without even realizing or knowing on the actual reason.We've been here for how many times or shall we say to those difficult times of bear market but to those people who do highly believe
about this market will surely accumulate more while prices are still cheap.


Its indeed an opportunity to accumulate cheaper coins but this would only applicable to those people who do have sufficient or financial capacity.Not all would really be like this
and majority would really still have that fear and hesitance towards their investment decisions yet we know that we are on a very  tight situation.

Well, it sounds good to hold and to buy more but I'd never encouraged everyone to think of buying this time coz it possible that the market will shoot some more drops and that would be a perfect time to buy. It for sure it comes and another $3k might possibly break another remarkable drop in crypto history. It sounds to be crazy but I have to think positively still then.

Hold can be of big help this time but something we need to consider also the situation. And that is our common sense may applied to think it right to sell or hold.

Since then the market of cryptocurrencies has recovered somewhat however if you take a look at the stock markets they have not done the same, this is intriguing, it tells me that most likely the recovery we are seeing in this market is not going to last so it seems like it is too soon to think the price will go back to the levels we saw in February, most likely the negative trend is going to continue for some time and we will not see the price of bitcoin at those levels until some months after the halving.

Stock market has somewhat recovered, but just a little. But cryptocurrencies is very different as it recovered last Thursday, lost in Friday and still at this time the market seems to be trading sideways or even going lower as expected.

Not unless the negative trend has somewhat subside, which means that there are some developments on a vaccine to help cure the covid-19 spread. But until then the market will remain volatile and very shaky

I think some people are waiting for lower prices. this is seen when they predict that the price of bitcoin can be even lower between the range of $ 3k and $ 4k. however, it looks like from now on the price will recover. to be honest, I have done some stock on the popular altcoin, but because of a little panic, I was able to sell some of my assets. for the time being, I remain on my remaining assets

continuing to buy Bitcoin at a time of epidemics like this is not very good for some countries...
it's good for those of you who have strong currencies like USD and Pounds Sterling but some of the values of a country's currency have fallen due to the Corona virus so people in that country have to spend more to buy Bitcoin than countries that have strong currencies.

good analysis, this is very helpful...

Bitcoin has crossed the red line yesterday and the ability of it remains above $6000 for the past 24 hours is an indication that the bear are losing ground on this. Some traders are coming back into the market such bitcoin allow us to trade from home. It is truly time to buy and keep buying as from now till may is time to watch on.

This is the case we should have to look by, perfect timing to buy is really hard to find that makes people keep asking when and what price should I wait before we buy? I saw the market tends to recover but somehow we drop again and this is not great to see. Maybe not halving could push the market to be in full recovery until this global crisis will be over. The dumps we saw yesterday and today, will be also the same scenario that we probably saw in the coming days.

Lower prices already came and went. You could of easily bought at $3500 if you were around the time of the crash and you could of easily bought in the low $4k's a few times last week. So what are most people waiting for? Most likely if it goes to $3K will most people buy? Probably not because then they will wait for $2K, and then $1K. And when will they actually buy? Probably when it hit $10K or $20K and most likely buy the top again.

I think we will know more about the future of bitcoin at the end of the month, depending on how the monthly candle closes and if that $5700 area holds which is the 200 WMA which was good support in the past. Also hopefully we decoupled from following the stock markets which can keep tanking for the next 9 months due to bad employment numbers and low growth rates.

There is now way to be sure about what will happen in the future, but after the big announcement we saw yesterday from the US the market of cryptocurrencies is not really moving that much, it will be interesting to see how the market evolves during the next days and weeks because even if I believe major speculators will be probably back in business in no time it is doubtful this is going to be true for the retail investors, as they get more worried about the reality of the economy and all the jobs and income they lost during the last weeks.

Nothing has changed. The majority of the people get into crypto during the bullish season and then, slowly to vanish when bearish comes again.
Crypto investment is not really a safe haven as we think. Mostly we only appreciate when we generate more profit but somehow we then blame others if we suffer losses because someone encourages you to buy buy and hold.

Well, reality prevails and we must have to simply think that the risk is still there all the time. We meant not to push people to buy bitcoin or altcoins, it must only be your guts and willingness to take the risk so there is nothing to blame in the end (but just your self).

Now is actually the time to hold and buying more. The covid19 will soon be a thing of the past and very soon it infect on the world economy is going to die down. I believe that bitcoin is going to be the best beneficiary after the virus is bring to an uncontrollable level
 Now is the time to buy and not to sell.

Trump is trying to open the country again because he sees that this isolation is bad for the country.

Bitcoin fell soon after his first announcement about closing the borders. We'll see how the stock market will react when everything starts going back to normal.
We saw how stocks can influence Bitcoin so if stocks go up so will cryptocurrencies.

Holding is really easy when you do not need money. I am not going to lie I am not in a big big trouble because I have seen people with a lot worse situations than me. I have seen friends who had to close their shops since they couldn't make any money anymore and with this corona thing it was the nail in the coffin for most of them and hastened the decision to close their places and those people not only lost their income and do not have any money now, but they are in debt as well.

So, I am doing alright but even I can't afford to buy too much bitcoin, I can only hold for now as long as I can but with inflation expected to go up soon, I doubt even I can hold it any longer and might have to sell a bit to cover the difference soon enough. Hopefully this situation passes but it looks like it will take some time to recover.

Yeah, I totally get that too. I'm earning basically everything in crypto now so I have no choice but to liquidate periodically and I actually put aside a bit more than I need as I know expenses always tend to run higher than expected in a large family. But when you're caught out by bad situations -- and this damn recession will get deeper, your wider network needs more support and you have to let go of more holdings.

I've got people also basically laid off now as their companies are making zero revenue. Government offering to pay some of the bills at home but it will get really bad.

I hope you make it and I hope that everyone saves their ass before they lose especially those who've been buying at the high and selling it now at a low price. The hold may matter for some instances and for me, I'd never do that all the time. Of course, we have to be practical and the reason why we invest in Bitcoin is not just to hold it for a lifetime but have to sell it when we are in profiting already.

And I hope that everyone who manages to holds is also having the patience to wait for the market recovery and not just because someone says to hold.

That is if you have extra money right now, but since the situation is getting worst by the day, there could be average joe who would rather cash out because they are afraid and panic is this kind of situation that we haven't seen in a long time. Of course, holding is what we really wanted, but when our backs is against the wall, we can't really blame people selling. Right now the price has go down again, but we are still above $6k as of the moment.

It is called averaging down if we hold bitcoin and buy more of it, I do not do that because it is very risky strategy and for me it is not working. I'm not also a investor who can wait long period of time to sell it in a higher price. I'm just a day trader who want to have a profit in small period of time. Be careful if you will do averaging down because it requires high patience and good mental health.

Why people always go all-in in one way or another?
I'm not going all-in in fiat because fiat is as vulnerable as bitcoin. There is no safe haven right now.

My plan is to sell between 1.5% and 2% of my stash each month.
This will give time for bitcoin to rebounce after the halving and go back to ATH, or to hit sgbett's prediction. If the second case is true, I can rebuy what I sold at that level, although if the price breaches the 3k area, it will be open to the three-digits area, where I can scoop more coins. Its possible the price wont stop at sgbett's prediction and will fall even more.

In the previous two halvings, bitcoin was on a bull market right before the event. The bear market of 2013-2015 lasted for 18 months, if I can recall correctly. The current bear market is already 28 months long, the largest in bitcoin's history, which begs to question if bitcoin will have the same destiny of gold (ie, permanent bear market).

After the halving in 2016 bitcoin reached the ATH from 2013 pretty quickly. This could happen again, but we dont know for certain, as the bull market didnt start this year. There are people who even compared the recent crash to the 2015 crash, which would put bitcoin one year before the halving.

Personally I dont believe we will see a ATH anymore, due to bitcoin being "legitimized" by the legacy system, but it is always good to play safe and not going all-in in fiat. You can notice I'm applying a inverted DCA here.

Don't make it a literal robbing :D.

What he means is that, whales will pump a coin and then newbie investors and those some investors there will see the coin and they are hoping that it will rise up more so they will jump on it - in short they got FOMO'ed. While the investors are busy buying the coin, the whales will then dump the coin causing it to go down that hard and some of the investors will be selling it at a loss since they bought it at a high price already ;).

As the OP, I'm still holding but I don't want to buy at this moment for some reasons.

well said mate . thats a one detailed explanation you provide there , i hope people that didnt knew it will read this and will develop a tactic to when to enter at a perfect time and when to exist before the whales eat them .

nowadays , i notice that the price of the coins are now slightly recovering again so i dont feel like buying but still im continue hodling  . halving isnt done yet so im also expecting  that it can bring something good , id be happy to see the price rise more   .

If people here did follow you?then all of us are at losing now right mate?imagine buying at 8000$ value?just 3 days after you posted this the price slides more than half of that amount and until now there is no recovering that happens.

Yeah HODL is one best strategy to use in this market but only for those capable to even hold in market like this but not those using their investments here as bread and butter because they are the most affected in this miserable market.

To be perfectly honest with you, right now is actually not a bad time for USDT, it is still in crypto world, it is not fiat, nothing that is major could change the price of it, dollar could have some sort of inflation and I can understand that but most probably it will not be record breaking levels, just a bad beat, and I think that way you can prepare yourself for whats about to come.

Plus, if you want to go back to crypto you can use USDT to buy whatever you want, if you want to go back to fiat you can do that using USDT, so basically you can go both direction without trouble with USDT as well, it gives you that flexibility very easily. Right now, I am considering making my savings all into USDT, that seems like a good idea for now, probably better than most other options.

They did this several times in the last two years, to such a extent its impossible to convince someone to buy.
Its a systemic issue with the crypto markets. Every crypto released start as a ponzi scheme, market-wise, and to tackle this it needs large-scale adoption. But you cant have adoption when a single whale can destroy an exchange book shorting 1k bitcoins on it.

The only way to solve this is through collusion on the down side, putting several mechanisms to stop massive shortings after a certain value. Some exchanges could be doing this already, but not all of them, and thats why it needs a new consensus on the algos. They are not doing this, though, because "muh freedom to kill the market" is more important than bitcoin adoption by the average Joe. If the bear market turns out to be permanent, there is no reason to hold, you can just sell at 10k and rebuy at 5k.

Right now people are doing exactly that, many people moved to fiat and tether for a while but they are buying more and more right now. Of course there was a scare, who wouldn't be afraid when corona virus first became very dangerous all around the world? I mean we all got scared, hell I am still stuck at home and doing absolutely nothing at all, thankfully I am a freelancer so I keep working from home but I can't go out for any reason at all, which is basically why I was scared, think about all the things we do outside, all of them stopped.

A financial world where everything stops is a lot different than anything else we have seen so far, which is why I think it is quite important for us to realize that world is not really prepared for something this big which is why people got panic and sold for a while at first.

This is something I see now more than ever, even if I am not on the best economic situation there are people that are having a very difficult time and compared to them I am in a good shape, I have no debts, I have some savings and I am holding some bitcoin so I can somehow endure the economic hit that is coming, but I have many friends that have a huge mortgage, they have no savings and they are on the verge of losing their jobs and this is just the beginning of the economic problems caused by the corona virus.

I absolutely agree that the world and the awareness of people accustomed to living in security are not prepared for such a crisis. However, nobody said it is the end of panic. In my opinion, it is very likely that if in April it turns out that this is not the end of wave of infections, but the other is coming, then the situation with a large drop in prices on classic exchanges and on the cryptocurrency market may repeat. Certainly sooner or later this situation will calm down and prices will start to rise, but I would be cautious with buing all in now, as it may turn out that big price drops are yet to come.

Good topic and good discussion  :D
But maybe it’s worth it to be distracted sometimes from speculation and remember for the sake of what bitcoin was created - for payments on the Internet? And accordingly use it in this way.
In this case, you will not receive negative emotions from the fact that the price of bitcoin does not live up to your expectations.

I understand what he meant but that is not call robbing, of course if you are a whale and you see the situation where you can make money without your action, for sure you'll keep doing that, and since that is not illegal, you should not be guilty of doing the same.

When they own a huge number of bitcoin, they took the risks and now that bitcoin is giving them the liberty to use their holding, no whales would not use that power as all of us here are trading or investing with the same purpose, which is profit.

When we say robbing the newbie, we feel like newbie has no chance and we are not up to their game or we are not aware of it.

I keep asking myself the following:

what happen if everyone Hodl? how will the cryptocurrency market look if it doesn't have someone to sell? wouldn't it be better to focus on using bitcoin as a means of payment instead of just thinking about Hodl?

I also have something else that I can't stop thinking about every time I see the word Hodl:

today the price is at $6500, will say buy and hold, tomorrow the price will be at $10,000 will say buy and hold, in 5 years the price may be  $30,000 will continue to say buy and hold. my question Is:

when will they sell?

It depends on the mentality of the hodler, they hold because they have hope they will only sell their bitcoins if they now feel contented on the gains that they get. I'm not a hodler and I will not buy bitcoin today even though the halving is near, the selling pressyre is high because thentrend is still in downtrend where the prices are like elevator that is going down to fast. I'm a scalper who usually a intraday trader who finds small opportunities in the market.

when you feel you need money, or you have reached the peak to hold your assets. however, that is the importance of having a goal. Well, we need to ask each of us, how long we hold back, and what is our target. however, if you continue to hold back, you won't benefit from it. however, many people take advantage of low prices and sell them when prices are already high, even when they make a profit of $ 1000 to $ 2000.

As for the question about what will happen when everyone will hodl and nobody sells, the answer seems very simple, but not quite .. If nobody will sell and nobody will buy, then the price will simply be fixed in place :) However, if no one sells and many people want to buy, the price will be skyrocketing. This is the basic principle of economics, i.e. the relationship between demand and supply.
When it comes to when to sell, everyone has to set this limit individually. You just has to determine how much you want to earn, or how much you can lose. A lot depends on what price you will buy, but even more depends on how long you want to/can invest, i.e. freeze your funds. Each case is different, which is why cryptocurrency trading is so interesting for many people.

Well, this would depend on the coins we are holding, and the timing we buy the coin, if the timing is wrong, then we will not make easy profit.
For example, if we buy bitcoin during the FOMO and bought at $15K, until now we are still holding and waiting until we can sell at a profit.

When we say long term, it's not forever, we have to set a specific period or a time range.

I disagree with this one.If we do try to compare the profits made between holding and active trading then i can say that they do really differ.
Much more active on dealing with the market is much more profitable if you do made it well but as expected risk would be more higher if it do
compare to hodling.

Its easy to say about buy cheap and sell in profits but with this speculative market, searching for bottom price is always been a question.

Well, I don't like telling other people what to.do, everyone needs to make decision for himself.
Different people have different goals with Bitcoin, everyone of them made purchase in different time, maybe someone needs money or other plans.
For me the key is balance between holding and spending, I don't see much sense for Bitcoin just to sit idle in some wallet, endlessly. And of course, every situation when the price is favourable is the good opportunity to enlarge your portfolio.

That's somehow true, but for me as an investor, I would advise everyone to hold bitcoin for long term, and other good altcoins.
Also, for me, I believe that we should have investment for short term and long term, so we will not be bored and we can take profit at a short period of time also.

Spending means not investing to me, so I don't consider it as part of the strategy to invest or to trade.
Those two should be separated so it will not affect each other.

I'm also not super agree on this since situation is always depends on when to hold and when to do an active trades since we should come to think of it if we hold on bad times the huge money possibly lose unto us compare if we are doing a active trade where we can possibly earn more when we find the bottom and sell when the price is high.

although it's really hard to find the bottom but you can actually do a day trade where you can earn a certain percentage on flactuating market.

You ask very right questions.
If we do not use bitcoin as it was intended, then it will lose its value. There are many empty speculative assets in the world that have no practical use, and if bitcoin becomes one of them, it will be very sad.

well depends on the HODLERS mate because like those early adopters that holds their currency until 2017,yeah that is not forever but at least longer than what we can do now.

putting specific period of time is for me a NO mate because the volatile market will not be friendly at all time,better Put specific target price so maybe thats the safest we can do.

Putting a target seems more doable, as you can really sell with a profit, but the question here is when will your target will be seen.
First thing that needs to be done in setting a target is a target should be realistic, otherwise, this would be tantamount to holding forever as well.

Hold but learn to take profit at times. We still need to spend our bitcoins like to use for digital payments. Accumulate during dip and sell at peak price, its not hard if you have a plan to follow and has patience to not be tempted to sell in times the market is consistently declining like what happened recently. Those who can stand seeing the price turnng ups and down are likely the one to gain huge when the time comes the market turn to bull.

You are right. People need to decide what they want to do in the crypto world. If he has more money, and he wants to buy any coin, he can directly buy it from the market, and after that, he can do anything he wants. We can only give suggestions to people, but the decision will be on them, and we cannot force them to follow what we did because that will be too risky for him, especially if he doesn't know what next that he needs to do.
But we can learn from other people in making a decision, so we can get a lesson from them that will be useful for us.

When everyone holds, there are no sellers, only buyers left, how is that even possible. Sure we can have less people selling and more people buying and that is exactly what happens when market is going up but at the same time that is only one part of equation sometimes there are more sellers and less buyers so the price goes down. If more people learn to hold that would be investment approach and not what bitcoin is for.

The real going up will happen when people spend it and not hold it, when people start to spend it then we will have less sellers as well, they are not holding, they are giving it away, not for free of course they are buying something in exchange for bitcoin, but that stops selling, that is how we should be focusing on going up, that way we can say adoption goes up as well.

That's for sure, seeing target makes you investing with a goal to follow, and if it would really take time before we see that target, then we should be ready with that possibility, and investing for long term, we need to consider all the necessary factors and its risk, if it will take 10 years or 20 years to hold before we see that goal, then maybe we should ensure that our funds is intended for real long term holding.

Some prediction is too much and if you wait on that, you might not succeed so I have to agree that we should make a target that is more realistic and create profit slowly but surely. Hold if bitcoin makes you more confident about the future, we can play short or long it will depends on your strategies and the capital that you have. I always buy cheap bitcoin, that’s the best to do during the dump and its like buying a candies on a big store.

okey, I saw the price of bitcoin had penetrated the price of $ 7k on preev. however, when that happens, the price suddenly drops again, and now it approaches $ 6500. I thought the pump was just about to arrive. it turns out we need to wait a while longer to see prices rise again above the price of $ 7k. keep holding guys, and buy if you see the chance

Buying over time is a reasonable strategy so long as the base case for the asset is still reasonable and likely BTC is.
   I dont see the price trend is especially compromised at present, more in a case of sideways action, revision and repeat of previous falls.  It needs to build up volume and a base to rise from, its not certain but that is a normal process before a proper bull market can come into play. 

That is a very important question and it depends entirely on your goals and what you want out of bitcoin, if you are only looking to obtain some small profits then you do not really need to hold your coins since bitcoin can move very abruptly, but if you have some dreams of obtaining significant profits then holding your coins for a long time is necessary, how long that would be? That will depend on the market and the profits you want, right now the price is close to 7k if you want to get 5x this means bitcoin will need to reach 35k and that is entirely possible during the next 5 years.

Ain't no wonder why it looks like that and the trend isn't of constant surging high nor it goes constantly be going down. We know how volatile we are and this thing (sudden change) seems to be part of the crypto journey. You can't either be profitable if the market trend will just having an upward market motion but with the help of being volatile, it all becomes possible.

We shouldn't have to worry if the market goes on and off. It happens always and you are right, it gives a chance and a reason to believe that the crypto market is still in a decentralized form not being managed by whales or even controlled by them.

when the price of Bitcoin like this is better to buy it at the price of support, 20% of each price of support, I'm sure with that you can enjoy the results of your HODL, before Halving will be a lot of drama. We will see later

There's only 39 days now going to halving, there is no drama yet, we are suppose to see some hype article now and the market will be in total hype, but this covid-19 is trying to ruin our party here, halving does not happen all the time, this is a special year for us.
 
If by end of April, the world will declare they win the battle against covid-19, maybe we can still see some big uptrend, but it seems likely to happen as it will take time to reproduce the vaccine and until now there is no clear information yet of whether the vaccine is already discovered.

Yeah, it was like a birthday party of someone born on February 29.
It takes years before the person can celebrate again. ;D

Damn Covid-19 really messed up everything.
Now people don't have much money to get ready buying bitcoin for the upcoming event.
It should be like an unknown wave which is being fought by FUD and Hype. ;D

This is probably true for all times more so right now. Think about it, bitcoin has always been an investment that eventually went back up, it always drops and we are in a drop right now and I get that people are scared right now, because of corona everyone is acting crazily and that is understandable, however that doesn't mean that it will never go up, do you really think that price will not go above 7k again? It definitely will.

It means 10%+ profit, where can you find 10%+ profit anywhere? Nowhere. That is why the best decision right now is to buy bitcoin and hold it, it is a great decision for 10 years ago, great for 5 years ago, great compared to last year and great now, its always a great idea to hodl as much as you can and buy as much as you can afford.

The virus did not make people lose their money. They still have it but are reluctant to invest. This is a normal panic effect.

When you get hit by the unexpected you begin to value hard cash and things that you grew up believing to be valuable like gold, silver and real estate but you can't run to another country with your house ;)

The pandemic pushing people to sell-off their Bitcoin/altcoins. The situation is so harsh that people may need money for their basic needs and devaluing the word hold. They have the reason either and that to expect that many of them will sacrifice even in their heart and mind they want to hold. In this time of difficulties, I shouldn't be a matter if I am losing, the most important is to survive from the crisis and start over again once it is over.

Nobody wants this thing to happen and here it comes, there is no reason to escape this but have to accept. If you can manage to hold your cryptos then that was great but if not, there is no wrong with that.

Unfortunately, there are too many people who do not realize that if you go in with high expectations of getting rich you are not going to get rich, you will panic sell. There was a kid I was talking the other day, he is a college student and very young, he didn't had too much money and he said what could happen if he put 100 dollars into bitcoin right now and then 50 bucks every month after that. I said you would either have 100% profit or 50% loss in the end but that is about it if you are planning on just investing and waiting.

Bitcoin could be 15k, or maybe 30k who knows, but that 100 dollars can maximum be 500 dollars at most, nothing more, 99% chance it won't even be that much, and the lowest it would be probably is 50 bucks. He was thinking he could be rich with 100 dollar investment if bitcoin became millions... if you invest into bitcoin thinking it will be millions of dollars per bitcoin one day, you will be disappointed.

Nobody can said when come back green rock bottom but i get analysis about it more people buy bitcoin and hold long time. Actually this is the crypto market so don't want quickly profits for making rich life then you will never gain here.

Personally i enjoy more time when i analysis BTC give me some profits like at any % because my holding amount to low so i can't expect 100x profits lol. :-*

There are many reasons to hold assets and one of them is to sell them in the case you need it, I know this is not optimal if what you want to do is to hold your coins for the long term and obtain profits that way, however the times we are facing are really difficult and it does not seem like the situation is going to improve during the next months as the economic situation worsens, so if you have to sell your coins to stay afloat then you have to do it since you could always get that bitcoin back once everything goes back to normal.

I cant really be considered to be a wrong move when we are already on the times of crisis.Its just normal for us to do such thing when it needed.
Money should be used and how the hell you would hold up as hard as you can even you do know that you do risk your own survival? For those who do have
lots of money or spare then this wont be a problem but for those who held and doesnt have any options left then its not a shameful thing to panic sell.
Even myself did sell off some of holdings to buy up my needs for the current lockdown.

For those people who do not fully understand the market, they often suggesting to buy more and even hodl more, holding bitcoin while the bearish market is still occurring  is the dumbest decision because in bearish market the price is continuing to decrease. The best time to hold is when the market is bullish but it is only my opinion and it suitable for me.  Right now there is a crisis that is happening, the best opportunity to buy is when the price drops to $3800 per each. But for those who want to buy more bitcoins it is better if you will have good risk and management.

actually there are lots of drama going on now but most are FUDs against Bitcoin and the recent Dump,telling that Halving will not be profitable like the past .
There are some statements about the Plasma coming from those Covid-19 survivor will Help curing those infected but lets see what happens soon.

In a short period of time, it is impossible to expect such a huge profit from the market based on the analysis, we should always wait for the Bitcoin to recover the price. Crypto market will give us a huge profit if you manage to hold a certain period of time, yes, people who are waiting patiently will get huge profit with the investment.

Speaking of huge profit, it will only be possible if there is a bull run, unless you are a day trader with a decent capital it's possible to make big profit if you are an expert in trading. However for investors who only hold and wait til their investment will grow significantly, this will take time and a special time so they can sell based on their target price.

I prefer to keep trying to trade than to hold because by trying to trade, at least, we can try our chance to make a profit that will help us to have more coin. But that is only for people who have skills in trade, and they know how to pick the right coin in this situation. The hold will work properly too as long as you can hold the right coin, such as hold bitcoin. But unfortunately, we cannot expect a huge profit in a short time, and as what you say, we need to wait for the bitcoin to increase. Bitcoin price will recover and rise so high so that we can recover the loss.

I can not say that I am a big optimist regarding the effect of halving on the price of bitcoin. But I can assume that after the situation with the virus resolves this will create a deferred demand effect and will probably have a positive effect on the price. Of course, it all depends on the timing. If quarantine lasts several months, then people will run out of money and we will not see this effect.

HODL usually means long term hold, what you are talking is a short term hold only that you can sell at a certain percentage.
What I know about HODL strategy is that we will hold until we see a big profit, like x10 or even x100 of return, this is possible as long as we hold longer.

Due to coronavirus it seems that we are going to endure a global recession in the near future.
The value of fiat money is going to be inflated so it is a good chance of buying more crypto, HODLing them and then selling at a higher price when fiat is going to be dropped.

And what income do you think is adequate for a distance of 10 years (for example)? And if we talk about 20 years? Obviously, few people are interested in earning at a distance of 100 years  ;D Time = money. Hodl makes no guarantees and takes your liquidity right now and for years to come. You must agree that this strategy has flaws.

Lol, you need to learn and understand basic economics before you starting talking and make yourself look like a fool. When inflation will start, the price of bitcoin will be higher, that is you will be able to buy lower amount of coins with money compared to the amount of coins you could have bought with the same amount of money. Though the value of the coins have increased, the difference won't be much. You won't get richer. Since, with the increase of the price of bitcoin, the price of the goods and services will also increase drastically. The amount of things you could buy with bitcoin would actually be less due to this inflation.

For someone buying 1 bitcoin in 2010 for few cents and selling it after 8 years for $18k per 1 BTC, this is incredibly good and worth to wait for.
I personally prefer to keep my tiny treasure in the corner and whenever its value spikes for +$100k I will sold it even after 30 years!

1.) This option is undoubtedly good, but what about those who bought bitcoin at 20k and still do not have the opportunity to even achieve breakeven?
2.) If you bought bitcoin at 7k and sold it after 30 years for 100k, then you should understand that the annual yield is about 4 percent. Not too high rate of return  ;)

That's true, but if it will take 30%, then I don't think it's still worth investing on bitcoin, for me, that's too long to wait.
Bitcoin is known as a good investment, a high risk with high reward, so 30 years is too long, probably within 10 years we can already see some great improvement.

i do not think that it will take ten years for BTC to see its potential, if it is going to surge, it will be in next two years, it was a cycle up to this point, it will probably be cycle after, but with smaller ups and downs
you can invest in short or long term, and long term could be investment for your children, does not have to be in your life span to spend it, you invest for greater good of your family, so even 100 years is not too long, if you think that way, it is if you want to make some bucks that you can spend tomorrow...

With that almost no value amount of capital and for 8 years of waiting earned $18,000?yeah that is more than enought for waiting.
but the problem now is the price of Bitcoin is 4-7k$ and that is not small money to invest and wait for another 8 years or more.but there is a chance also that the price that time will increase to 5 digits then who knows.
as i am also a Holder and can wait for years again.

Well i meant by 30 years that i don't care how long it will take, i will just hodl and wait for the best opportunity to grab ma moneh :)
I am expecting good news after this halving, better to be no more of <$10k this year and catch back $20k

investing long term for now is the most frightening thing to do this year, it doesn't matter if you have accepted the risk, the risk this year is huge, you already know the price of Bitcoin has gone up by more than 5000% if calculated, if you invest long term, we don't know whether Bitcoin will be able to survive or not, Short Term is the right choice

This is more likely to be done by investors whenever the market value is falling. But, there are still who are selling due to panic because recent decline in the market price is not expected and was something happened in a sudden, cutting the price to 50%. Many people sold their holdings due to the pandemic, which even made the price lower. Such thing cannot be blamed, because those who sold might be thinking of their priorities. They would rather fund their daily needs than to invest at this point because that is more necessary. So if you are not into their situation, choose to make use of this 'opportunity' to invest and earn profit once recovery occur.


It is expected to survive. But it is true that we don't have assurance of such thing. A disaster could really make changes even in digital world. This is what we saw recently the pandemic did not directly affect the price of cryptos, but the actions of people towards the pandemic, reflected in ita price. As what I have said many people sold their holdings to prioritize their daily needs. And if nothing would change , things could be worse to both online and real economic situation.

Maybe you have to learn how to read english and then start writing.
I wrote the same thing as you did. I didn't say that Bitcoin price is going to be lower when inflation is going to start running. I was talking about fiat currencies.

I saw a report of several banks on the use of payment cards earlier this year. Industries such as restaurants, hotels, holidays, entertainment, education and beauty services have suffered the most, and bank customers have spent more than 80% less than before the spread of coronavirus. Let's hope that the situation will be quickly controlled, because with such a large drop in spending money on these industries, probably half little companies will be at risk of bankruptcy.

Hodl contradicts the use of bitcoin for utilitarian purposes (a means of paying), right? Do you think that such a strategy also has disadvantages for bitcoin? People are starting to use another crypto for payments and this crypto is gradually replacing bitcoin (or at least has a chance to do it).

Despite the fact that a lot of people use other coins, Bitcoin is still the most adopted cryptocurrency and will be so for a very long time. In my opinion, Ethereum has a chance to strengthen and try to catch up with Bitcoin when it comes to adoption, because it is much cheaper and much faster at the moment. However, Bitcoin is still mainly an investment and not a payment instrument and until it changes, the market will be very volatile. In my opinion, this will happen sooner or later, but I do not know whether in 10 or in 30 years. Until this happens, we can only speculate about its price.

As a holder, we never know when the price will strike so we have to be hold longer, holding 10 years or more does not guarantee the price will grow as expected, therefore we should also be ready if things happen that is out of our expectation. It's a gamble but at least you'll not lose fully your money since bitcoin continues to have a value as this would stay as adoption increases overtime.

Each person do have their own targets in life and as a hodler then that means holding for how many years no matter what the price condition of the market.
We know that it isnt easy yet everytime we do saw the current market condition specially on high volatility specially on the bearish side will surely affect your emotion
which resisting on panic selling is really hard and only a few can withstand such situation.

Buying more is really like a gamble because nothing is certain when it comes to future talks but if you wont take a risk then theres no chance for you
to make profits.So its a matter of choice..

Yeah thats the spirit keem HODDDLing people, Btc to the moooon

This would be a never ending debate when not anyone of us here are certain of the future. I oppose to the post that 30 years is too long so I lower it to 10 years because I think within 10 years from now we can already see a major improvement, so if it comes earlier, we can surely celebrate that if we are holding.

Mastering the basics will give as glimpse on what is the best decision that we can make. People are talking about holding but the reality is they do not fully understand its execution, the criteria and its meaning. It is really better if we will suggest others to hold, we should first know how it works because we are becoming an ignorant person. I do not hold in bearish market due to the declining of the price, I only do holding when the trend is in bullish.

True.
Let's say i have an amount of bitcoin which is 100%. I will not hold it all for 10 years or more. I will keep a part of it which may be 90%, 5% will be used whenever necessary to buy something or to trade, the remaining will be a reserve whenever the first 5% is no more.
Of course this strategy doesn't guarantee anything, it is gambling like the first adopters believed in bitcoin and adopted it :)

That is somehow true as some investors are just holding blindly, but sometimes doing it could result to a potential big profit.
Let's just say a person both bitcoin at $1 and he was just told to hold until it will reach $1,000 and he just followed it blindly, then he made a lot of money.
For us who understand how risky and volatile bitcoin is might have sold when bitcoin rise x10, so we are less profitable..

1.) Bitcoin became an investment tool because it was very good as a payment tool. Now everything can go in the opposite direction.
2.) In the modern world, everything happens much faster. Over the past 3 years, crypto has changed very much and we can say that more than one "era" has changed. Therefore, if bitcoin wants to match the pace of time, it must accelerate.

Its far more effective to know the lows to buy and hold then the highs, thats the point to identifying any pattern for peaks and troughs to the price but I too often fail to exit on cue in order to rebuy so its easier said then done.  I agree with the overall idea of buying into the long term so long as you can maintain the confidence over a number of years.   I seen quite a few have the idea to buy BTC but not realise it can move far more then they initially realised and also not recognise it can register waves that take a few years to play out.   I've been convinced this year would be in revision mostly more then raise us further then we had already moved in 2019, not exactly negative just not the grand prize some had hoped.  

It wont really be that easy and we've been committing the same mistakes all over again and again due to unpredictable market thats why
some people do consider out on simply hold rather than on actively trading on it.Hodling is good but not all would really have that kind
of patience to hold their coins for years or longer durations and if we do compare the profits then it wont really be the same
compared to those who actively trade.It's more risky but yet rewarding if you done it well.

I also think that it is still too soon to sell the assets we have, moreover halving will occur. I think that the right time to sell assets is later this year. we can see the development of bitcoin after halving occurs. Even though I need money, I think that holding assets now is the best

Maybe they are...and it supposed to happen. But unfortunately, it wasn't a perfect time for me. And it was just a HOLD HOLD HOLD and buy more later.
I know buying could be the best option to take as the market still at dip but have nothing more important today is having money in reserve as the crisis continues.
But anyway, the market won't go that straight high for sure and I can still catch the train in the coming days before Bullrun will strat.