Im buying now good amount , seems bottom reached , BUT i will keep 50% in cash in case bitcoin goes down further .
Im planning to buy btc price around: 19500$ at the time of writting .
Its DONE !
keep 50% of my money in cash in case it goes more down and get good average to put orders like this :
25% @ 15,000$
25% at 11,000$
will have a good average price
Good planing though. Averaging is mandatory. You seem to be trading for a longer time and yes its the right decision to have extra in hand as a cash to average if the price goes down if suppose a chance of still price going down. If the price increases, then better to stop with what is already bought then going to buy at high price. Hope btc starts moving forward along with other altcoins ASAP. |
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It's already a currency used globally. Only the difference is the govts' acceptance. Everyone from every corner is using it. Those who are allowed, are legally using it but those who are not, converting it into their local currencies. But yes eagerly awaiting for every country to legalize and allow their citizens use bitcoin. Number of countries who accept bitcoin have increased.
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Panic sells and huge manipulation by Whales are the main reasons for the price to be at bottom now. New traders and those who have bought Bitcoin much costlier, tend to sell now for either a small profit or to get out before they loose much. Whales do play a main role now in current long correction. There might be other reason but yes before the value goes up, better to buy more coins if possible.
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The nature of any crypto currency is, they get fluctuated. It might be Bitcoin or any other crypto currencies including the ones have top markets. Hence, just go with the market flow. Buy as many coins as you feel the best coins. Hope the current situation should disappear soon with a quick and unexpected pumb. So just pile up your bucket with the coins you can buy. Better buy coins that are below a $1.
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Bitcoin has broken the all time high of 2017 and now it is around 19,000$. The worst part is that even on these level, we are not seeing any pumps and look like price may fall all the way to 10,000$ or even lower.
Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ? Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?
Usually after an ATH, there has been a correction but the duration of it would have differed. Since we had two ATH last year, current correction seems to be prolonging too long. None can assure of when the bear market will stop and when the bull market will resume. But yes, this is the right time to buy not only Bitcoin but other best crypto currencies as well. Whales are another big reason for current situation and when they have piled the coins, would start with a little pump followed by a huge one. Panic sellers are manipulated now. |
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What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.
Can not predict exactly but yes the correction prolonged as far as it could and hope it wont go much further, it would certainly be back on track marching forward. Bitcoin has gone down to the core from $64k to $20k. This is really disappointing to see but what to do. This is the nature of crypto currencies. This is the best time to invest to invest as much as possible on coins which are much cheaper and top in the market with good trading volume. |
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This is the best time to pick your stop loss and make it an essential part of your trade. The market keeps falling and investors and traders alike keeps crying. It seems some wild prediction of Bitcoin giving those who missed the early opportunity of buying is coming alive. To avoid been caught up and trapped by the market volatility stop loss should be as useful as every other technical or fundamental tool you can think of. It is better to risk a small fraction of your assets than losing it all
Yes if you are on short term trade. But can very well buy and place a trade on a long term investment without a stop loss. There will certainly be a pump after a correction. And since the last ATH was in last year, there will be a delay for another ATH and this is how the market is manipulated by the big hands whom we say the Whales. Yes, they are manipulating the market now and yes they are making use of the panic sales. When the panic sales reduce, the market will start moving upward. |
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I would say, this is the nature of crypto market. When we have an ATH, obviously there will be a correction and this correction depends, it might be very short or too long. Just look at the market graph ever since Bitcoin was launched. Whales do play an important role now. They do manipulate the market and they know when to do so and when to confuse the market. Not only now, even after a decade when Bitcoin reached $300k dollars, the market move will be like this.
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the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells. as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1 BTC target are succeeding these days and are even surpassing that target heading to the next one.  source of the pic is reddit Obviously must be doing so. Harvest time to do so. Yes, its still going down and not sure when this long correction would end but as long as its prolonging, its a great time to all traders to pile their buckets with not only Bitcoin, but all other altcoins as well. I too planned to invest some amount on Bitcoin and on few best altcoins like Matic, BNB and on Wazirix. Right time to buy coins very cheap now. Its better to accumulate as much as possible now. |
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How do you feel when the bear market is happening and do you hate it?. Every time a bearmarket happens, I always have valuable lessons that the bull market doesn't have. So always be grateful when the market goes down, it gives us many lessons, lessons about emotions, lessons about capital management, trust and patience.
The bear market is not the end but the beginning of a new and better start, the bear market is a measure of our confidence in the market. Worthy rewards will only come to those who truly believe in the market.
This depends on. When I have money and wish to buy a coin and the situation is bull market, I feel bad waiting for bear market. But when I have already invested a lot on a coin and waiting for a bull market during a bear market, I really feel bad waiting for bull market. I am sure many here would feel the same when they have gone for long term investment. Waiting for a bull market. |
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of course very useful mate!, but there are many trading platforms in the crypto currency world,
of course we have to follow only the best, such as OKX, FTX, Bitfinex, Coinbase and of course Binance,
you will feel safe if you trade there, and stay away from new platform, because many have been scammed
Yah, we have very many good exchanges whom we can trust, trade and store our asset. Binance, Coinbase Bitfinex, Wazirx are best exchanges to begin with for new traders. There have been more scammers in crypto on exchanges, new token implements and etc. Its we who need to review the platform or the project and invest / use the platform. All those who are new to this platform, kindly take time to research and get in. |
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You can write a dissertation on the topic - "The effect of gambling on the stress level of gamblers?". Many forum users write that they play for the sake of interest? This is true? Gambling relaxes them and helps to relieve the stress accumulated during the work week? Or not?
I don't know how people manage gambling after such horrible inflation. We are unable to pay our bills and it is hard to make both ends meet. The thesis should have a new point included - inflation and gambling. How to manage gambling during inflation. Because a common man won't be able to gamble. Another question arises seeing your question above. How to manage livelihood during inflation? If you remember, during the COVID-19 and even now after the huge inflation in the market, those who earn an average daily, find it hard to complete their day as they run out of money to manage their expenses with their small earnings. Answer to your question. If there is an answer to your question, yes, even a common man who really peacefully run their life now, will get diverted and join all others who are addicted and lost their family. |
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Gambling have brought me big wins as well as drastic losses. If my entire statistics is calculated this used to be in loss. I've tried different plans to keep me away from Gambling, however I wasn't able to do it. In the beginning I never mind when I experience loss, because I was single and now I have a family. I used to gamble without fear. In recent days whenever I get into gambling I used to experience some changes in my body. Particularly stomach pain and I myself found the difference while gambling and not gambling. When I wasn't gambling I never have such issues and I myself checked Google and diagnosed the below. Does anyone have similar experience. Atleast for my health I need to give up gambling. Irritable bowel syndromeAlso called: IBS, spastic colon People may experience:Pain areas: in the abdomen Pain types: can be recurrent in the abdomen Gastrointestinal: change in bowel habits, constipation, diarrhoea, inability to empty bowels, indigestion, nausea, passing excessive amounts of gas, or urgent need to defecate Abdominal: cramping or discomfort Also common: anxiety, depression, discomfort, loss of appetite, or symptoms alleviated by defecation GoogleThere are chances of anxiety, depression, discomfort, loss of appetite, or symptoms alleviated by defecation as you might have played gambling without much sleep / rest. Its not that you played gambling and you have got such issues. Its with all those who do not take much rest and concentrating on a single stuff which do not yield a satisfying solution. Often the addiction causes psychological impact which will certainly affect the health when it exceeds the limit. |
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Bitcoin gambling for me is just a matter of Fun or amusement in accordance with my insight with this.
Hope every one can give other tips on this matter..
I dont think there will be any difference in the changes made within when you play gambling with either local fiats or Bitcoin / any other crypto currencies. The difference is just the payment / currency. If you are well aware of Bitcoin and love its existence, then not only gambling, you will find more fund and amusement in every platform where Bitcoin is accepted or used. Its just who is using and how he or she is looking at bitcoin or any other currencies. |
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We experienced unexpected events or moments in gambling like this one, you are calling it off a day in a session then you're suddenly on a winning streak thinking that it's your time to get back what you've lost will you go or will you stop and come back the next day.
I'm sometimes tempted to continue but I know you cannot beat the house, so most of the time I just call it a day and just wished that tomorrow or next time it's my lucky day. What about you what's your take.
Yes. I've experienced it many times already since I started gambling. You will feel the adrenaline rush, and you will think that you will win constantly, and I will only stop whenever I lose my money. That is also the reason why I didn't experience a day when I end up winning in gambling because most of the time I end up losing especially when I'm in a winning streak. Over time, I overcame it and know how to control my emotions and stop whenever I feel that I need to and will continue to gamble the next day. Gambling is all about emotions and luck as well  . You can't handle your emotions? You are unlucky? Then you have a high chance to lose your money. Yes mate!, that's what I am feeling. It is really hard to overcome , I admit it to myself that I always fall for temptation in gambling even now, I always say to other people that they should learn to manage their emotions but if you are in that place it is very hard, self-discipline is very much needed, we can stop ourselves immediately consistency will be the key and one step at a time. We get easily influenced to such choices. Its based on the situations and needs one decides. I had chosen to play back but yes I have lost often. Thought I would get another chance to win but kept loosing. Literally stopped playing now as I could not concentrate on main stuffs. Yes this is kind of an attraction and we easily tend to get addicted and never get out of it. |
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I am sure, we will have huge number of games like slots in future. Market is focusing on how to bring in people to their platform. They do all kinds of research to convince people on their products by all those graphics and lightnings and etc. They make the environment in such a way, every unique personality gets attracted to it. Like, slots, casinos, jacks, betting sites and etc, we will have more stuffs where people will invest and get addicted to it. So slot is another step forward in bringing in more people.
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what if one of your family (Father, Mother, Brother-Sister, or Wife) or relative (Uncle, Auntie) is addicted to gambling or becomes addicted? What do you do? Here is my answer as follows,
- Don't feel guilty
- Never ever blame yourself for their Addiction
Now, I'd like to know your additional perception of this discussion; let us share our knowledge
to grow more here, your opinion, advice, or suggestion is much appreciated.
I wont really feel guilty obviously but will better try my best to get them out of it. But yes its so hard when its to deal with others, but I feel its my responsibility to guard / save those whom I am depended or who depends on me. So yes, Its my responsibility to get them out of Gambling. You have said, a better will always loose. I am not sure on it but have a question, if a better is born to loose then why should there be a slot there as a better? |
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I have not come across any such news on my inbox or via any communication. I bought some coins with my local fiats transferred to a crypto exchange. I dont think, the bank will take it as a serious note to look at ban transaction to buy crypto coins. The govt is directly or indirectly fully supporting crypto currencies' transactions and moments. We have huge numbers of bitcoin and other crypt users from my country. So, I dont think, banks or govts will stop or initiate such transactions.
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Yah, its the right time to invest more on crypto currencies especially on Bitcoin and on other top currencies as they are much cheaper now. At times, people say, any time is the right time to invest on crypto as market might move at any direction and we might not miss the op portunity to buy at low price before it goes up. But never borrow / obtain loan and invest. Its not advised.
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Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving.
Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
The right time to buy more and more bitcoin now as the value is much cheaper than normal, Current correction seems to be prolonging for long time which is a good sign of a pump soon. If possible, better to invest and buy more either on bitcoin or on any other top coins. As crypto market is volatile , the move will be always unpredictable, hence just choose the coins which are good in the market. |
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