Find out the dangerous zone and the best point to buy BTC.

[buwaytress]

Not sure what you mean exactly by dangerous zone but I can tell you that waiting on the sidelines for the "best point" to buy Bitcoin is exactly that: dangerous. When Bitcoin (yes, when, not if) eventually returns to its ATH and beyond, you won't look back much on the "savings" you made getting into Bitcoin at $7k instead of $8k. Dollar cost average sounds fancy for a lot of people but it's really just simple and it works.

Get in when you can, and keep adding to it, anyone who's done this regularly even over the last 2 or 3 years (2016 is when it started for me and that's fairly recent) won't feel the bite and will not be less happy than someone who primed and got lucky at the bottom.

[rdluffy]

I don't understand these charts and I never followed one
You guys have to consider this is not an exact science, it's all related to trends
It's hard to buy BTC at the price chart shows if BTC is in a really bad trend for example

[Gaff]

I think that in general it’s still quite a realistic forecast, and with a high degree of probability this is exactly how events will develop in terms of the price of Bitcoin in the next two to three months. In general, I support this forecast because I myself think that now Bitcoin will not fall below the $ 7,000 mark.

The market has shown its strength for the past few weeks, but you cannot be sure about how the market will behave, we might see a big correction before the big rally, there is a plenty of time till the next halving and during those period anything could happen in the market, the recovery process was really fast and i felt like the market recovered too fast for my liking, i was having my plans and calculations but the fast recovery halted some of my plans. 

As volatility took place during price surges, I think it's dipping lately. That's the best time to buy and hold another portion of bitcoins which you're going to have. Don't miss the biggest chance before we will experience the best market that might show up randomly. I knew it's kind of mysterious after such quicker rise and then suddenly back to $7k. Price corrections is somewhat so hard to predict, but we need to focus and don't mind those FUD and FOMOS behind because they've caused a lot of resistance on bitcoin price recovery.

[exstasie]

I think people's problem with TA comes from how news outlets and so called experts have turned it into a meme due to how often they end up being wrong. Based on that I don't blame people for thinking TA sucks, but doing your own research and actually learning TA yourself would quickly expose their silly predictions.

Honestly, most people are terrible at applying TA. This goes hand in hand with the idea that the vast majority of retail traders fail and lose money.

Trading and practicing TA successfully requires rigorous application and also the ability to control emotions under financial stress. Most people just aren't cut out for it. Most newbies use TA to confirm their biases, then they ignore risk management basics and trade emotionally........then they blame TA for their failures.

[omonuyak]

I don't understand these charts and I never followed one
You guys have to consider this is not an exact science, it's all related to trends
It's hard to buy BTC at the price chart shows if BTC is in a really bad trend for example

If you really want to make money from the cryptocurrencies market or any trading assets then you should take the " trend as your friend". Buying at the low price and selling at the top is the cycle of the best investors and you really have to follow those cycle if you wish to be part of successful traders.

[rdluffy]

I don't understand these charts and I never followed one
You guys have to consider this is not an exact science, it's all related to trends
It's hard to buy BTC at the price chart shows if BTC is in a really bad trend for example

If you really want to make money from the cryptocurrencies market or any trading assets then you should take the " trend as your friend". Buying at the low price and selling at the top is the cycle of the best investors and you really have to follow those cycle if you wish to be part of successful traders.

Yes, I follow the trends, not any chart
But it's almost impossible to do the "buy low, sell high", because who knows the dip and the highest price?

I follow trends, when prices starts to increase due to a good trend, I probably buy, little by little
When the trend is bad and the price start to decrease, I wait a little and sell in parts

[BitHodler]

Get in when you can, and keep adding to it, anyone who's done this regularly even over the last 2 or 3 years (2016 is when it started for me and that's fairly recent) won't feel the bite and will not be less happy than someone who primed and got lucky at the bottom.

It's easy if you're buying into Bitcoin believing in its long term potential, but that's completely different for most people here because they don't know the difference between Bitcoin and an ordinary shitcoin.

People aren't investing or trading, but gamble with nothing but hope being their main driver. It's not for nothing that a lot noobies here rehash the same nonsense where they point at positive thinking being the most important factor.

I wish it was that simple. I would be a millionaire if positive thinking was the path to success. 

[Ailmand]

It's hard to rely on this technical analysis since the market has been really unpredictable. This might only cause us confusions. It's better to have our own observation and apply the basic strategy with less complication to make firm decisions when trading.

[redsun114]

This afternoon I tried to predict the movement of the Bitcoin, using the candle and indicators that I could and the prediction will run in real time at tradingview. here I only share screnshot if you want to know my predictions can be seen in the link below in real time.

https://www.tradingview.com/chart/BTCUSD/ynGK1V16-find-out-the-dangerous-zone-and-the-best-point-to-buy/

If you think my prediction is correct? or any suggestions for me

I don't think if one buy bitcoin at this time is a dangerous time, unless it's for a short term which means the person intent is to trade the coin and not to hold, but if the intention is holding, then I don't see any need for one to be concerned at which time they make purchase of the coin since they are not ready to sell off until the moon in price begin, so I believe this concerns should just be for traders and not for everyone in the crypto community, so I think this topic should be moved to the trade section of the forum.

[michellee]

His prediction could be true as we know that everything could happen in the cryptocurrency. But I see that he write about buying all in the second lower price and I don't agree with him. There still a possibility for the price to break the low barrier of the chart and if you were buying all in with all of your money, then you cannot buy more bitcoin at the lower price IF the price is down deeper than your price.

[raven7886]

I assume that the bitcoin price will calm down and there's will be 2-3 months of the price moving in between 7K and 8K USD.After that period,we will see if it has enough support to jump to 9-10K USD.
This is my point of view(it might be wrong) and I don't rely 100% on charts and technical analysis.

So, you would rather rely on intuition to predict coin right? This is what usually make some of us who are profit takers find it very difficult in making decision on when to buy and when to sell because we don’t follow analysis.

The best way and most effective way of really knowing the next direction of bitcoin is when you use your analytical tools to predict, Technical analysis is very reliable when it comes to predicting the movement of these coins in a short term trade, but for a long term prediction, fundamentals analysis works perfect because from news and some factors around, you will be able to know how people will react to the market.

[magneto]

It's extremely hard to see bitcoin falling back to $5-6k any time soon given how the sentiment has shifted recently. But if it ever does, I certainly think that it's an excellent accumulation zone.

I personally still believe that this bull market is only in its infancy, if you look at how long bull markets last historically as well as when they usually peak out in relation to the timing of the halving.

Given that we're only around four tenths of the peak of the last bull market, I think that dollar cost averaging over several weeks or month still makes a lot of sense for long term investors that are willing to hold for extended periods of time.

[El duderino_]

If your a long term believer and have no faith in the FIAT money system, then every opportunity you have to spend that FIAT for BTC= a good time to buy, especially when we are hoovering in these under 5-digit prices, these are dream numbers in term of buying BTC

[buwaytress]

Get in when you can, and keep adding to it, anyone who's done this regularly even over the last 2 or 3 years (2016 is when it started for me and that's fairly recent) won't feel the bite and will not be less happy than someone who primed and got lucky at the bottom.

It's easy if you're buying into Bitcoin believing in its long term potential, but that's completely different for most people here because they don't know the difference between Bitcoin and an ordinary shitcoin.

People aren't investing or trading, but gamble with nothing but hope being their main driver. It's not for nothing that a lot noobies here rehash the same nonsense where they point at positive thinking being the most important factor.

I wish it was that simple. I would be a millionaire if positive thinking was the path to success. 

Did you have to drag me down to reality? I mean, I sort of know, we all sort of do, but every now and then we want to see the world in a slightly brighter light =p

I've seen this before, really. Long before Bitcoin. Think I even saw MLMs eat people up the same way when I was a kid. It's all the same messages, same methods, same arguments... shame they can't see Bitcoin actually isn't the same.

And yea, on positive thinking. Think the only people to gain anything of tangible value from that are those motivation gurus. Wish I could make money like that, peddle a little blockchain here and a sprinkle of Bitcoin there. Problem is not being able to keep a straight face...

[shitexpress]

Maybe this can help you:

By looking only at the yearly lowest dollar value you'll see that Bitcoin is always  more expensive in a given year than in the previous year. On average, its dollar value increases (at least) 325% p.a. on average (2010 - 2018).

Source: https://www.youtube.com/watch?v=5TMygwWv4dc

[Harlot]

If your a long term believer and have no faith in the FIAT money system, then every opportunity you have to spend that FIAT for BTC= a good time to buy, especially when we are hoovering in these under 5-digit prices, these are dream numbers in term of buying BTC

Right attitude wrong plan. I know all of us here who aren't able to catch the train have this kind of mindset now but the thing is BTC is on a dangerous point to be bought right now. If you really don't know what to do you might end up losing and carrying BTC as a loss in a long time. If you do value your money you must have believe in Bitcoin when it was not going up, and that was during BTC being in the 3,000$ level, having that kind of thinking now will only put your money in danger.