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Author Topic: What do you Do When You Run Out of Money to BUY During Such a Great Opportunity?  (Read 2673 times)
cryptocamacho (OP)
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September 14, 2017, 11:49:30 PM
 #1

So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

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Pearls Before Swine
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September 14, 2017, 11:56:37 PM
 #2

I'm in the same boat, no cash....but I'm not entirely convinced that
it's a screaming buy opportunity just yet. We may have further to fall,
and if you start buying in too early, well, it's just too early!  I have no
choice but to be patient until I get some money anyway. 
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September 14, 2017, 11:57:07 PM
 #3

If you go all in in bitcoin it is ok and you can hold them for a long time and wait for the price that you can make a good or huge profit it will be depends in you but always monitor the price if you make huge profit just sell it..
Before you can buy in altcoin where has also a great opportunity to buy and hold for a long time like litecoin ethereum and other crypto..
since the price right now is low and you are out of funds there are some ways that you can earn few earnings .. if you can go in altcoin section there are announcement that giving bounties and earn few altcoin that you can exchange once release in exchanges.. or do some task in services section and earn few bitcoin that you can use to buy for altcoin..

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September 15, 2017, 05:27:23 AM
 #4

So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

As much as I want to buy in this dip, I don't have the funds as well. I have money but I already put it aside for more pressing priorities. And I'm salivating right now, LOL. I'm oozing from the prospect of getting the price so cheap right now. But just like you I have to wait till I really get something on my end to buy maybe in a few days. I'm not borrowing from someone else, I'm looking at the returns from my offline business and I'm willing to invest it into bitcoin later. I hope I'm not late when I have my funds ready because right now is a perfect buying point not just for me, but for others as well. I guess patience is a virtue after all.  Grin


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September 15, 2017, 06:06:53 AM
 #5

I STOP BEING GREEDY Smiley

that is a huge issue if you start being greedy. you always should mange the risks you are taking and you usually do that by investing a manageable amount of money. i know it is very tempting and you may even be 99.99% sure that there is pure profit in buying more and investing more but it is not a wise decision to go out of your previous plans.
there is no harm in increasing the amount of investment a little bit though. for example increasing it by 10% just because you are nearly sure there is a rise but it should still be within reasonable limits to manage the risks.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 15, 2017, 07:21:55 AM
 #6

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?
it depends on your strategy and how much risk you are willing to take. you can get some more money in and invest that too. or you can wait for the recovery of some of the things you invested in and dump them to buy some others that are performing better. or you can just hold those which you think will have a good recovery until they do and convert them all back to bitcoin.

Quote
How would you approach this?
as far as bitcoin drop goes I have bought some with the money I could afford to spare.
for altcoins I have been waiting for this drop to start investing in a couple. I actually prefer small number of coins instead of over-diversifying. I have already sold 1 of them because I didn't like the performance of it and added the funds to the others.

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September 15, 2017, 07:29:00 AM
 #7

So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

It really up to you. Yes the market is tanking and its really a good moment to buy and make money down the line. But I guess going all in has is downside as well. So you should be buying in parts and pieces the next time.


Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

Since you already went it, then there nothing you can do but to wait. I myself wants to play and enter the market soon, but for personal reasons, I'm also out of money now. But I will make ways to get some to be able to buy now because its really a good opportunity to profit later when the price goes up again.

R


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September 15, 2017, 07:57:10 AM
 #8

What will i do when i see a great opportunity and i do not have money left to buy ?
There are only 2 thing that i will do,
1.Selling my Coin that i bought in the peak and buy it lower than before.
2.Rest for a month and do not touch my laptop at all.

When you start trading,you should have a financial back up,no matter what never go all in because someday ypu will miss a great opportunity.and look at it right now ?
Just take it as a lesson for you.in the future always spare some cash to take this opportunity.

But i prefer to hold it because it's very dangerous for you to do some pingpong in here,so the second 2 option is the best for you and others whom does not have any cash for buy it.

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September 15, 2017, 08:07:21 AM
 #9

So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

In my opinion the prices will continue to go down so we'll have more time to buy cheap coins. Just try to make some money in the meanwhile and then buy...

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September 15, 2017, 01:48:47 PM
 #10

So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

I'm in a very similar situation to you; in that I invested most of my money in BTC & have no additional income source at the moment, so I'm just waiting.

I'd suggest you just do like me and play it cool, while you wait for BTC to go back up and profit. Smiley

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September 17, 2017, 08:43:09 AM
 #11

So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!
I feel your pain, shit happens! You just have to wait and keep learniing from the scenario. Don't bother trading what you have now as it may be too late, however the risk and decision is yours to take so do not count on my advice. If you know you can get money to borrow though, you can do but like I said, all decisions are yours to take, mine is just a suggestion.
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September 17, 2017, 08:58:23 AM
 #12

So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

If you are all in and have run out of money, you are all in. Nothing you can do about it.

Just console yourself that there will be other crashes in the future you can take advantage of (bitcoin has them practically every six months!)

 
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September 17, 2017, 09:20:59 AM
 #13

So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

We could do lot of things so that we can be onboard in time like this:
1. We can borrow money to our friends, relatives and friends.
2. We could file a salary loan to our company or government agencies.
3. We could sell some of our things like cellphone, watches or computer.

We could have them back after we go back to the moon right.


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September 17, 2017, 09:57:27 AM
 #14

Just saw it with deep depression
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September 17, 2017, 09:58:23 AM
 #15

If you are overstretching so much that all your reserves are wiped out, you're doing very high risk trading - which doesn't seem very clever. You should diversify your investments, this week has shown that thousand dollar swings can happen in a day or two. There is nothing to say that bitcoin will survive long term - even if it wins medium and short term.

R


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September 17, 2017, 10:05:52 AM
 #16

well you should review everything first OP the current situations regarding to this crashed was really confusing, we can't do some trading as for this moment
because downfall still showing strong and bounce back for a little while can't hold the pressure of china's issue about banning crypto exchange maybe its good
for you that you don't hold any money yet.
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September 17, 2017, 11:43:30 AM
 #17

it's easy to me that if i had discover the situations which had good opportunity to get huge profit but i have no money to do so then normally i would borrow the money to my family or my friends with if i got the profit i would split it to them and usually this way has been sucessfully because they are tempted with the profit too
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September 17, 2017, 12:06:54 PM
 #18

So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!
You are not the only who do experience such thing and im sure some people do have this kind of problem specially to those joe's who have only limited funds that have gone all in already on altcoin or bitcoin investment.It does really suck when you see an opportunity but you dont have the funds to put on.If you can able to find ways then it would be great but if not then you would sit down and seeing the opportunity is passing away.

R


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September 17, 2017, 02:07:19 PM
 #19

People going all in with their funds are exposing themselves to an incredible level of risk. I always advice people to buy with smaller fractions of their capital per time. If you for example have $10,000 as capital balance, and you look to buy at the $4000 level and go all in at that level, you will have no funds left to benefit from the market to go down even lower. In order to prevent this from happening, you should use MAX 10-15% of your capital to buy at the $4000 level. If the price happens to tank even further, you can choose to buy another batch of coins at $3500, and then at $3000, etc. If you play it well, you ultimately can buy the price down till the bottom, and even then you should have enough capital left to use. It's common sense stuff, but people for some reason completely ignore it.
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September 17, 2017, 02:21:44 PM
 #20

My forecast is that there will be another 1-2 good or even better than before (3k$) buy opportunities throughout this month.. if youre all-in and broke cash-wise, maybe its not the best thing to think about investing more.. Dont get carried away my friend, this is still a speculative investment. If you took a credit and thew it in btc and btc decides to hit 2,xk and the correction takes a little longer, you will be sweating a lot more than by just not having "enough" assets in the market already.. and after all - if you believe in crypto, depositing more money in a month or 2 or in half a year will still be early enough for long term investments!


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