Not every pullback is a "crash", learn to buy more and not sell

[JRMtrader]

This video explains it well : https://www.youtube.com/watch?v=R0OUrKfRXOM&t=1s

[Arkann]

It seems to me that volatility, that is, impermanence of the crypto currency in price, is not its drawback. Trading on the exchange with the growth and fall of the course, having studied the habits of crypto currency, is a pleasure.

[Wind_FURY]

That applies more for Bitcoin and other cryptocurrencies than the traditional investments like securities and commodities. Maybe it is on the grounds of the high volatility of cryptocurrencies which comes natural when there is high demand and not much supply volume to meet it. Then at times there is too much supply with not enough demand to catch it.

[Ryan Dugan]

This is what I tell people all the time. You must be strong and hold. Though on the flip side if everyone held people that hold like us wouldn't be profiting. We need people to dump so we can profit. So we need them. If people can't listen it's their fault. Don't collect Bitcoin if you not gonna collect I say.

[nocturnalsheet]

thinking of buying more but fear it will go down. 4k BTC possible?

[Smarty14392]

thinking of buying more but fear it will go down. 4k BTC possible?

The more you buy the more profit you will get surely. Bitcoin will not go below 3k$ according to my research so even if you purchase and want urgent money anytime, you can sell it at the price you bought but if you can wait, bitcoin will surely go above 4000$. Bitcoin has always been the best investing strategy ever for me.

[Smarty14392]

This video explains it well : https://www.youtube.com/watch?v=R0OUrKfRXOM&t=1s

Even i always keep explaing that the more you hold the more profit you get back. If you are patience and can wait for a long time for the high profit then you can really earn a good profit. Selling is not the main moto behind bitcoin. Yes, you can sell alts when they are temporarily high but bitcoin will surely be much high. i have already predicted the price above 3000$ and so it went. Now i can also predct that it may go above 4000$ untill septembet end. I am predicting according to my research. Purchase on your own risk.

[izanagi narukami]

I'm usually encourage my friend to invest rather to gamble or trade at exchanger
As I can see that based on bitcoin graph , bitcoin always increase signigicantly over year. Ofcourse it has a risk for being investor which is suffering more loss rather than trader

[BitcoinHodler]

thinking of buying more but fear it will go down. 4k BTC possible?

come join the bitcoin hodlers and become one of us long term hodlers and you won't care about these little dips and stuff like that and $4K would also look small.
buy a little now, and if it went down buy more if not accumulate more before the further rise.

[mk4]

thinking of buying more but fear it will go down. 4k BTC possible?

4k BTC possible? Really? Come on man. Be more enthusiastic.  I think we're only weeks or months away from 4k. Come a few years or decades later, 4k will be a small fraction of BTC (hopefully if everything goes right, that is). The later you buy, the more you miss out. Check out the graphs of bitcoin and other cryptocurrencies on coinmarketcap.com. The future is looking good.

If you're in for the long haul, buying at any current price would be good enough. If you're planning on selling soon though, probably wait for a better entry point. Buy at the dips.

[AleSergio]

Thats a true thing to do. It is always better to hold, than to sell. The market cap of all coins is small and they have much more potential of growing.

[Doms]

The outlook for bitcoin has been very positive and the latest developments should only enhance our confidence for the medium and long term view. The volatility that we have become so used to presents a lot of opportunities that must be taken advantage of. Although we see that sometimes the price retreats, it is going through a phase and would eventually break new resistances that catapults it to new highs.

[AwpDragonPoor]

I see hodler. No but seriously, some people trade with bitcoin instead of hodl, and treat it like stocks instead of a currency It goes down,  they buy, it goes up they sell. They find opportunities, which may seem risky to some, but are perfect for them.

[iamTom123]

That applies more for Bitcoin and other cryptocurrencies than the traditional investments like securities and commodities. Maybe it is on the grounds of the high volatility of cryptocurrencies which comes natural when there is high demand and not much supply volume to meet it. Then at times there is too much supply with not enough demand to catch it.

We have to understand that cryptocurrency especially Bitcoin is a different beast compared to other trading vehicle like stocks, forex, commodities, derivatives, etc. Here, there is a high volatility that can happen anytime and many times Bitcoin can be defying analysis and predictions. It is as if it can act on its own. This is the main reason why people who had been to other type of trading need to see Bitcoin on a different color and texture.

[ivrynx]

We must also learn from history, remember the great depression there is a huge crash on the market that made a lot of millionaires after a few years, though we are hodling or tradimg we always want a win win situation, the saying buy low and sell high is also true when it tp bitcpins, if we want to have more coins, we should wait if there is a bargain, though there is a small.exception for me when it comes to bitcoins, start buying now though the price seems high, as of now it is a bargain, compare to the future price of bitcoins.

[Oceat]

I see hodler. No but seriously, some people trade with bitcoin instead of hodl, and treat it like stocks instead of a currency It goes down,  they buy, it goes up they sell. They find opportunities, which may seem risky to some, but are perfect for them.

Everyone has their own way of treating bitcoin, some of them are masters of hodl, trading, selling. These people knows how to handle their bitcoins no matter what is the output of the price. Either if it is rising or falling they know how to invest well.

[trippki]

You learn quickly when handling Crypto. Not all of us are day traders, buy and hodl seems to be the safest strategy for me. As for 'crashes' this still remains one of my favourite BTC vids.
https://www.youtube.com/watch?v=XbZ8zDpX2Mg

[onrise]

I see hodler. No but seriously, some people trade with bitcoin instead of hodl, and treat it like stocks instead of a currency It goes down,  they buy, it goes up they sell. They find opportunities, which may seem risky to some, but are perfect for them.

Everyone has their own way of treating bitcoin, some of them are masters of hodl, trading, selling. These people knows how to handle their bitcoins no matter what is the output of the price. Either if it is rising or falling they know how to invest well.

Those are the people who have a good analytical and forecasting skills. If you learn and master this skills you can easily make good profits even in the falling markets. This could be even applied to altcoins and btc. I have seen my friend making some decent money with his analytical skills and predicating the bitcoin prices. though it cannot be 100% right but still it will help you in taking your decision in  a better way.

[Red-Apple]

I see hodler. No but seriously, some people trade with bitcoin instead of hodl, and treat it like stocks instead of a currency It goes down,  they buy, it goes up they sell. They find opportunities, which may seem risky to some, but are perfect for them.

Everyone has their own way of treating bitcoin, some of them are masters of hodl, trading, selling. These people knows how to handle their bitcoins no matter what is the output of the price. Either if it is rising or falling they know how to invest well.

Those are the people who have a good analytical and forecasting skills. If you learn and master this skills you can easily make good profits even in the falling markets. This could be even applied to altcoins and btc. I have seen my friend making some decent money with his analytical skills and predicating the bitcoin prices. though it cannot be 100% right but still it will help you in taking your decision in  a better way.

in bitcoin (and also in altcoins) the times are very important. sometimes it is very easy to predict the market movement and then act accordingly to make the best profit but sometimes it is very hard and even impossible.

for example when the SegWit support was growing and the BIP148 threat were going away it was a 100% sure rise on the way. and it happened, price went up from near $2000 to $2400-$2500.
and as the support grew and the 1 August came and went the price went up crazy high, which was again predictable.

right now it again becomes hard to predict. price may stay here, go lower (as it got dumped hard and jumped back about $200 a couple of hours ago) or it may start to go up again and break $3500.

[lucifochrome]

Byc is highly volatile but much like any other investment the greater the risk the greater the reward. So if you buy now and want fast money can sell btc after a few days or weeks but if you want greater profit i say wait it out. It might reach 4k.