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Author Topic: Remember: Bottoms are ALWAYS higher than your idealized entry point  (Read 447 times)
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December 11, 2018, 11:17:00 PM
 #21

Yes, basic public forecasts must be inaccurate and the market is suspected of being manipulated. So don't expect to buy bitcoin at the lowest price, this opportunity is impossible. But buying coins in a down market is always the worst time.

It's really not adbisable to buy coins.on a downwrd trend. However, if it stabilized at a certain point at low price, I think you can buy some because no one can tell if it will go up or drop in the next days. When the prices suddenly drop more, don't get disappointed, instead collect more coins. Now, all you have to do is to wait until the prices rise again. Investment here is considered long term.



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December 12, 2018, 05:53:33 PM
 #22

We've seen it throught the years. You can go and find all the posts, I don't need to do the homework myself for you, I already did. The truth is, you will ALAWYS find a bunch of people predicting bottoms that never arrive, ideal entry points to go all in that never happen.

Those people are the ones that become demented nocoiners which begin FUDding Bitcoin pretty much forever, because they are extremely irate at the fact that they missed the boat because they gambled way too much hoping for a price that was way to low, so the market started going up, they assume it's another "suckers rally" or "dead cat bounce", until eventually it goes full FOMO and they feel suicidal, but it's even worse when the bubble bursts and bottoms above what they were expecting to get in at, so it's a never ending fractal cycle of people becoming salty at the fact that they didn't buy and they have too much of an ego to just get in and deal with it.

https://i.ibb.co/0ZqzLk5/123124123312.png

Famous eternally mad nocoiners such as Peter Schift, Nourini, Mark T Williams, Krugman... you name them.


So the moral of the story is, buy low, but not too low, you may die waiting.
This is correct, many of those that are not real traders or investors imagine themselves buying at the very bottom of the market not understanding that only those that are lucky can buy at that price, it is impossible to predict how low the price is going to go, and even if you could do that, that doesn't mean that you could get that price, if you talk with people that really trade for a living they will tell you that the purpose of a trader should not be to buy at the bottom and to sell at the top, you just need to buy at a price close to the bottom and sell at a price close to the top and you will make money that way.

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December 12, 2018, 06:00:35 PM
 #23

We've seen it throught the years. You can go and find all the posts, I don't need to do the homework myself for you, I already did. The truth is, you will ALAWYS find a bunch of people predicting bottoms that never arrive, ideal entry points to go all in that never happen.

Those people are the ones that become demented nocoiners which begin FUDding Bitcoin pretty much forever, because they are extremely irate at the fact that they missed the boat because they gambled way too much hoping for a price that was way to low, so the market started going up, they assume it's another "suckers rally" or "dead cat bounce", until eventually it goes full FOMO and they feel suicidal, but it's even worse when the bubble bursts and bottoms above what they were expecting to get in at, so it's a never ending fractal cycle of people becoming salty at the fact that they didn't buy and they have too much of an ego to just get in and deal with it.

https://i.ibb.co/0ZqzLk5/123124123312.png

Famous eternally mad nocoiners such as Peter Schift, Nourini, Mark T Williams, Krugman... you name them.


So the moral of the story is, buy low, but not too low, you may die waiting.

I agree. Somehow people see it as the bottom but they don't realize that it may go down some more and they would end up regretting it.
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December 12, 2018, 06:02:47 PM
 #24

I have not tried to search the bottom for a long time on the chart. Just typing a position in parts in a certain range. I even feel after it got better. ) I break the deposit into 3-4 parts, and I buy at different levels. So somehow calmer and in the event that the market is not in your direction, you can average. And not even once. If the market goes in your way, then even less than it could, but you earn. In this case, you can get a position on price pullbacks. The main thing is to approach this calmly and without unnecessary emotions.

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December 12, 2018, 07:08:33 PM
 #25

yes, the best point to enter the market is when the chart is at the lowest point, where there is a price entering the lowest price, then from there you will get the maximum profit, but it is quite difficult to determine if the price is at its lowest or just correction, there we have to really analyze and make the right decisions
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December 12, 2018, 07:09:31 PM
 #26

I do agree with what you have said I have read a lot of people here missing an opportunity when Bitcoin starts climbing up. They were never satisfied with the price drops and even if they reach the price they are looking for they are still hoping for something better (more lower price) and that is the point their cryptocurrency start rallying upwards. I just don't get why a lot of people are missing a thousands of dollars opportunity for waiting a few hundreds of dollars price drop, they just don't get the point that buying at this level can be considered as having a really good margin of safety when the prices starts to go up.

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December 12, 2018, 08:38:07 PM
 #27

We've seen it throught the years. You can go and find all the posts, I don't need to do the homework myself for you, I already did. The truth is, you will ALAWYS find a bunch of people predicting bottoms that never arrive, ideal entry points to go all in that never happen.

Those people are the ones that become demented nocoiners which begin FUDding Bitcoin pretty much forever, because they are extremely irate at the fact that they missed the boat because they gambled way too much hoping for a price that was way to low, so the market started going up, they assume it's another "suckers rally" or "dead cat bounce", until eventually it goes full FOMO and they feel suicidal, but it's even worse when the bubble bursts and bottoms above what they were expecting to get in at, so it's a never ending fractal cycle of people becoming salty at the fact that they didn't buy and they have too much of an ego to just get in and deal with it.

https://i.ibb.co/0ZqzLk5/123124123312.png

Famous eternally mad nocoiners such as Peter Schift, Nourini, Mark T Williams, Krugman... you name them.

In my opinion they are just a bunch of fools, they are stupid because of their stubbornness which makes them selfish, and do not hesitate to respond to this situation with their negative expressions and thoughts. Even though they are rich, in reality they are people who miss the rally because they are basically, unable to manage time well.

So the moral of the story is, buy low, but not too low, you may die waiting.

You're right waiting isn't the right strategy in the face of this bearish market condition, we all need to be able to execute the market well, we must be able to give what we can contribute to the price, if all of us buy it now surely this will make the coin price change dramatically.

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December 14, 2018, 06:47:30 AM
 #28

We've seen it throught the years. You can go and find all the posts, I don't need to do the homework myself for you, I already did. The truth is, you will ALAWYS find a bunch of people predicting bottoms that never arrive, ideal entry points to go all in that never happen.

Those people are the ones that become demented nocoiners which begin FUDding Bitcoin pretty much forever, because they are extremely irate at the fact that they missed the boat because they gambled way too much hoping for a price that was way to low, so the market started going up, they assume it's another "suckers rally" or "dead cat bounce", until eventually it goes full FOMO and they feel suicidal, but it's even worse when the bubble bursts and bottoms above what they were expecting to get in at, so it's a never ending fractal cycle of people becoming salty at the fact that they didn't buy and they have too much of an ego to just get in and deal with it.

https://i.ibb.co/0ZqzLk5/123124123312.png

Famous eternally mad nocoiners such as Peter Schift, Nourini, Mark T Williams, Krugman... you name them.


So the moral of the story is, buy low, but not too low, you may die waiting.
Yes you’re right man,. I keep telling people to buy whatever they know they can afford and not feel really bad if they happen to lose it. So if you think that today’s market price is cheap for you, then buy it and wait. You can still cut out later if you think it’s still going to drop and you don’t want to lose much, and get back once things becomes a bit stable.
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December 14, 2018, 07:51:45 AM
 #29

The most common Bitcoin question that I get are, "When is the best time to buy" and my advice is always the same. I tell them that it is always a good time to buy, because it is better to have your foot in the door than having it slammed in your face.  Tongue

Let's say the price is at $3000+ now and they bought some bitcoins and the price drops to $2000 before it goes back to $19 000, then you will never regret the $1000 per coin that you might have received, if you waited for it to go down to $2000. If you wait and it goes back to say $10 000, then you will surely regret not buying at $3000.  Roll Eyes

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December 20, 2018, 05:28:49 PM
 #30

The most common Bitcoin question that I get are, "When is the best time to buy" and my advice is always the same. I tell them that it is always a good time to buy, because it is better to have your foot in the door than having it slammed in your face.  Tongue

Let's say the price is at $3000+ now and they bought some bitcoins and the price drops to $2000 before it goes back to $19 000, then you will never regret the $1000 per coin that you might have received, if you waited for it to go down to $2000. If you wait and it goes back to say $10 000, then you will surely regret not buying at $3000.  Roll Eyes
True, but many of those asking that question are hiding from you and even from themselves their real question, and that is how do I make money out this market without losing it? They want to earn money but they do not want to have even the slightest chance to lose, they are looking for the bottom because they only want to see their investment gaining in value and giving them profits which is why a very common advice in the forum is to hold your coins.

Those that hold their coins may not get the best price but by holding during the difficult times they keep themselves in the market and have a chance to recover their money and if they bought at a low price then there is a high probably they will get good profits.

.
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jrrsparkles
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Eloncoin.org - Mars, here we come!


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December 20, 2018, 06:30:03 PM
 #31

Time to remember a proverb now,don't wait for your day just make today as your day this is totally applicable to the crypto currency investments as well because we really can't invest at the perfect bottom since we can't find that until it happened so buy now and wait for your desired prices to increase both are same but the profits may arrive before than you expected.









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Mars,           
here we come!
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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