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Author Topic: I missed the boat :(  (Read 607 times)
lucymary (OP)
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January 26, 2018, 05:40:34 AM
 #1

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again. I must be the biggest idiot in crypto world Sad
Hazeey
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January 26, 2018, 05:48:14 AM
 #2

There will always be dips to buy. Just buy in at a price you feel comfortable with. If you're bullish on BTC it won't matter in a year if you bought in at $10500 or $11200. Pretty negligible difference

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January 26, 2018, 05:58:00 AM
 #3

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again. I must be the biggest idiot in crypto world Sad

I thought this once. When the price went to 15k and then to 20k. It has since went back to 10k then to 17k and then back to 9k and now 11k. I honestly think 11k is still low. I don’t look at it any different than 10k. Do not think your an idiot. Happily buy at 11k.
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January 26, 2018, 06:14:20 AM
 #4

There is no perfect time to enter the market, whether you buy it in $9k or $10k you will still make a profit it the bitcoin price rise again to $19k each. Who would probably know and predict the future, if you think you missed the boat then probably you missed it since last year when bitcoin still below $2k or worse a few years before it. So i suggest you to start now, its better late than never.  Grin Grin
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January 26, 2018, 06:22:53 AM
 #5

Timing the market is merely impossible even if you are really great at technical analysis specially in the crypto market. This is the reason that you just  need to buy on the  dips because if you are planning to hold the coins long term the little price difference will not matter.

Right now it is not to late because right now Bitcoin is still consolidating, take advantage of the price right now because pretty soon there will be another price rise.
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January 26, 2018, 06:24:22 AM
 #6

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again. I must be the biggest idiot in crypto world Sad

Thinking of Bitcoin as a "train" that you can miss is dangerous and hurting it more than anything else, because if you don't believe it will grow further - you devalue it yourself, accepting the fact it will fall.

If what you see is solid technology then you can't really miss that train - it will go further up (and I'm not talking about price) so it is irrelevant what moment of time you will choose to get into it.

If you really want to invest you should not focus that much on bitcoin's price, actually don't look at the price at all, just take as much as you can afford to invest (don't use loans or life savings) and buy whatever amount it buys, then forget about it and live your life as you did before. Or better - get involved in tech, make it better and be the thing that actually drives this whole thing upwards.



Also if you are aiming to merely speculate on it's price, make a quick buck and be gone - I can't give you any relevant advice. Your best strategy would probably involve time travel, but there are lots of folks here who will be happy to assist in that matter Wink


cheers!
yonghaseo
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January 26, 2018, 06:26:13 AM
 #7

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again. I must be the biggest idiot in crypto world Sad
I missed it too. When the price before is at $10k i didn't buy because i think it might go lower, but it hit to $12k then i'm forced to buy before it's too late because i think it will go higher now, then it drops again to $11k now. I regret it so much. I think you should buy at $11k now before you regret it later that you missed it again.

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January 26, 2018, 06:27:03 AM
 #8

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again. I must be the biggest idiot in crypto world Sad
It is possible that bitcoin will dip again. If your gut tells you to buy bitcoins, then trust it next time. You could have made a lot of profits in the last 2 weeks.
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January 26, 2018, 07:06:49 AM
 #9

The problem with your thought process is that you are creating your own barrier to entry. If you keep on creating your own "Entry point" then you will never jump into the boat. Last year Bitcoin was more or less $1000 at the beginning of the year and everyone said that it was in a Bubble and at the upped end of the price curve, but they were wrong. It skyrocketed to $19,000 to the end of the year. ^smile^

My advice would be to just jump in and to take the risk. Nobody know what will happen with the price, but I would rather want to be in the boat when it reach those levels again, than standing on the side.

It is your choice. Do not invest more than what you are willing and able to lose. ^smile^

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January 26, 2018, 07:09:42 AM
 #10

Don't see it as losing 1k or 2k when you are buying it higher than the lowest you considered.

It's a dynamic price movement and you cannot always predict what is the best moment to buy.
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January 26, 2018, 07:09:51 AM
 #11

i can't tell if you are joking but i have to say you are not the only person doing this. there are lots of people who either fall for the FUD that is flying around and sell or don't buy, or they wait too long to do anything generally whether it is to buy in the dip or it is to sell while price is still high.

the solution is simple too. you have to stop being  greedy and make up your mind. if price has dropped and you speculate a bigger rise on the horizon (where the boat is headed) the buy it already.

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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January 26, 2018, 07:40:15 AM
 #12

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again. I must be the biggest idiot in crypto world Sad

Cost averaging is nice when you are unsure what price you want to enter a market. Figure out how much you want to spend...divide it into fourths(or what ever %'s you want)..buy a block over the next 4 hours(days or weeks works here too) now you have averaged your cost over that time frame. Works just as well exiting a market also. Perhaps your target price will come to fruition at some point as well..you never know.
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January 26, 2018, 07:49:19 AM
 #13

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again. I must be the biggest idiot in crypto world Sad
Are you okay? bitcoin now continues fluctuating by the market then if you say that you are missed the great opportunity, then i must be say NO.
Go and invest right now, take a risk and jump in your boat with having a huge amount of bitcoin who knows after a year you did not regret what you have did this year. If you some time to check the price chart of bitcoin since last year, i conclude that bitcoin was rising up every last quarter in a year it means that with in the beer months.
It's not too late friend you still have the time to purchase in bitcoin the boat was always there for you waiting when you will a ride. Grin

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January 26, 2018, 07:51:20 AM
 #14

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again. I must be the biggest idiot in crypto world Sad

Why not just wait till it goes to 0 and buy then?
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January 26, 2018, 08:11:07 AM
 #15

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again. I must be the biggest idiot in crypto world Sad
This will always happen to you if you wait for the best time to buy bitcoin because there is no such thing like that. There is nothing wrong if you enter the market in $11000 price range. if you can see how much potential growth can bitcoin reach you will not hesitate to invest even the price already increased 10-20%. Bitcoin is best for long term investment.
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January 26, 2018, 08:18:13 AM
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 #16

Everyday is always an opportunity to buy bitcoin do not be disappointed just because you missed the opportunity of buying bitcoin when the price fell down, because the sky is the limit for bitcoin who knows bitcoin might rise to 19,000 US dollar again or be higher that it's previous highest value. So buy now while you have the budget to buy a bitcoin.

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lucymary (OP)
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January 26, 2018, 08:27:44 AM
 #17

I think we're heading to my target entry point, $10K again..
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January 26, 2018, 08:38:29 AM
 #18

I missed to buy bitcoin when it dipped to $9K. Then I missed it again at $10k thinking it might go down to $9k again. And now, I am waiting for $10k but it seems that it will not go below $11k again.
It's quick, you did missed $9,00 but as of today from $11,500 yesterday now down to $10,500 so you can still ride the boat. You can still have enough time before it will reach $12,000 soon.
I must be the biggest idiot in crypto world Sad
No you're not but you are just expecting too much before buying.

Why not just wait till it goes to 0 and buy then?
Right!  Grin



 

 

 

 

 

 


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January 26, 2018, 08:45:44 AM
 #19

Many people always search for the right moment to do something, but they entirely miss the fact that the perfect moment was right ahead of them all the time.
Because we have no idea in what direction bitcoin price will develope, the only important question is whether somebody wants to have bitcoins or not.
If you want coins, then buy. If not, then not. I think it really is that simple.

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January 26, 2018, 08:53:54 AM
 #20

Don't worry, you haven't missed the train completely but the ticket might just be a little more expensive now. You can still invest into bitcoin because the price is still "low" considering how high it might jump this or some next year. Also, there are always some alt-coins.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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