How do those of you who were waiting for 2000s/1000s/<1000 feel now? Buying now?

[Che454010]

We had 4.5 months at the bottom in the $3000s. Smart money was filling up the bags. But I saw plenty of people on here adamant that it would continue crashing to 2000s or 1000s or some ever said it'd drop to like $800 haha. I remember arguing with someone that people need to be buying the bottom ($3000s) to get the best deal, and he was arguing that its better to buy higher later on once it has started going up (makes no sense to me!).


So to all you who refused to buy at the bottom, waiting for a price that now obviously won't ever come, are you buying now? Are you still hoping for a magical 50%+ drop from these prices? Will you wait for like $7000 or $8000 or $10,000 before you start buying? What is your strategy now that you watched the entire bottom go on by are missed it entirely?

They are not to blame when the price of bitcoin drops, some bitcoin haters create such a gloomy situation with their articles and comments that everyone gets panicked and most people start thinking that the price would drop even further.

[BlueStackz]

They are not to blame when the price of bitcoin drops, some bitcoin haters create such a gloomy situation with their articles and comments that everyone gets panicked and most people start thinking that the price would drop even further.

The purpose for those haters is also to buy at the price OP mentioned, that is why they create FUD that might cause crashed price, but unfortunately for them, it is already too late, now that they cannot buy for that again, they are trying to create FUD for $4500 which will still not work.

As it is now, bitcoin is not ready to follow the down trend path again, I think the bulls have successfully killed the bear and any bear that may want to rise up now is not yet born. So, let them continue with their FUD till they miss out, we most always have people that will stand as example to other in future. So we need them.

[South Park]

Anyone married to a price before it happens with no plan if it doesn't is a bit of a silly sausage in my book. Plan for eventualities by all means, but that eventuality not happening is an eventuality in itself.

Anyway I think we should get this year over and done with before declaring any price projection for the downward part of this cycle dead and gone.

This is something I see a lot in traders, they make a prediction and when it does not happen instead of just admitting their mistake and update their predictions based on the new information the market is giving they rationalize why the market should still follow their prediction, and as you may guess that is the moment they lose the most money since they keep their positions open for too long when they should just close their open positions and be glad their losses were small.

[omonuyak]

I think some of them has sifted ground to $4200 and $4000 as the lowest bitcoin can fall to now.  It is how this market work and we have different views about the market.  I think some of those speculatives doom for bitcoin are buying now and I think that is how this market should work.

[Bagaji]

Some set of people in most cases must regret for their uninformed decision of not buying Bitcoin as at the time its market value was around $3000 or below. What such people are good at is to wait price to go up and they jump in buy and that is when some good investors will take profit and the price will drop eventually and will affect them negatively again.

[klaaas]

Some set of people in most cases must regret for their uninformed decision of not buying Bitcoin as at the time its market value was around $3000 or below.

I can understand the mindset if you just viewing from the side lines but the situation would not change at any fiat value. Its never to late to start buying and to spread the risk keep buying on timed intervals. [weekly monthly]

[South Park]

Some set of people in most cases must regret for their uninformed decision of not buying Bitcoin as at the time its market value was around $3000 or below. What such people are good at is to wait price to go up and they jump in buy and that is when some good investors will take profit and the price will drop eventually and will affect them negatively again.

The process of finding the right price for an asset is incredibly difficult in the markets and everyone makes mistakes, for example I was one of those that thought the lowest point for bitcoin will be 6000 and it is clear that I was mistaken and the same happened to all of those that thought the price could go lower than 3000, but that is not really that important, the important aspect of all of this is what do you do when the market proves you wrong? If all of those that were waiting for bitcoin to reach a price below 3000 bought at 4000 when they realized their mistake they still made money even when they were mistaken.

[olumyd]

Some set of people in most cases must regret for their uninformed decision of not buying Bitcoin as at the time its market value was around $3000 or below...

...If all of those that were waiting for bitcoin to reach a price below 3000 bought at 4000 when they realized their mistake they still made money even when they were mistaken.

It's a good thing you said if, crypto is still a speculative market at best and that's the most of what we can expect - the 'if' function. I bet there are those who bought at 15k and said if it goes back to 20k they'd be rich... I think you understand how traumatizing what one year and counting could do to such individuals. So there are those still waiting patiently for the <3000 range.

[BeGoods]

Some set of people in most cases must regret for their uninformed decision of not buying Bitcoin as at the time its market value was around $3000 or below.

I can understand the mindset if you just viewing from the side lines but the situation would not change at any fiat value. Its never to late to start buying and to spread the risk keep buying on timed intervals. [weekly monthly]

The most important thing is not to waste the opportunity for the second time dude. we know the price will definitely recover someday,
and when the price is still low and below the previous ATH then take advantage of that time to collect and buy more

[sopanbmp]

We had 4.5 months at the bottom in the $3000s. Smart money was filling up the bags. But I saw plenty of people on here adamant that it would continue crashing to 2000s or 1000s or some ever said it'd drop to like $800 haha. I remember arguing with someone that people need to be buying the bottom ($3000s) to get the best deal, and he was arguing that its better to buy higher later on once it has started going up (makes no sense to me!).


So to all you who refused to buy at the bottom, waiting for a price that now obviously won't ever come, are you buying now? Are you still hoping for a magical 50%+ drop from these prices? Will you wait for like $7000 or $8000 or $10,000 before you start buying? What is your strategy now that you watched the entire bottom go on by are missed it entirely?

800$ not bad at all it could be happen if the power of seller greater than the buyer . My friends waiting for 100$! what a joke. But I see the market have strong support at 5000$ and it has confirmed. Hard to say if this just a bull trap or we are already in bullist market, only depending on the time . but some professional on tradeview said that we are still on bear market.

[Hamphser]

Some set of people in most cases must regret for their uninformed decision of not buying Bitcoin as at the time its market value was around $3000 or below.

I can understand the mindset if you just viewing from the side lines but the situation would not change at any fiat value. Its never to late to start buying and to spread the risk keep buying on timed intervals. [weekly monthly]

The most important thing is not to waste the opportunity for the second time dude. we know the price will definitely recover someday,
and when the price is still low and below the previous ATH then take advantage of that time to collect and buy more

The thing here is that, you do know on how to spot out that 2nd time? With this very unpredictable market.It would be hardly to spot out on that kind of chance
and those 3k opportunity is already gone.We might possibly to revert back but most likely we wont able to see that low price once again.Lucky for those who bought
in on that range.

[adaseb]

I think the people who wanted BTC at $2000, weren't going to buy it out of fear. Some for the ones who wanted it at $1000. They assumed since it already went this low, it can go lower and they would of been scared to buy.

Same reason why there was so little buying at $3100 and instead people bought only on the way up when price broke $4200, and this situation won't be any different when we break $10K or hit a new ATH, if ever.

Another reason why we got a short squeeze was that many bears were waiting for $3K or $2K or $1K which didn't happen and they put their short trade on stop loss at $5500 which is where it hung around for a day or 2 before dropping. So they wanted to exit the trade at break-even and hence why price quickly rose to there.

[gentlemand]

I think the people who wanted BTC at $2000, weren't going to buy it out of fear. Some for the ones who wanted it at $1000. They assumed since it already went this low, it can go lower and they would of been scared to buy.

Same reason why there was so little buying at $3100 and instead people bought only on the way up when price broke $4200, and this situation won't be any different when we break $10K or hit a new ATH, if ever.

It is ALWAYS the same. People roll out their boasts about how they're going to buy when it hits X price. When X price truly hits they're rocking back and forth with snot, sperm and tears smeared all over their face.

Words are cheap. Everyone's a hero until it's time to actually step up and only the most disciplined and unemotional have the guts to follow through.

[1Referee]

Lucky for those who bought in on that range.

I don't feel lucky having bought the market down to $3200 because to me that's a practice of common sense. I know that I will very likely NOT be able to buy the perfect bottom, and that's exactly why I am not trying to do so. I always use smaller fractions to buy the market down, where I increase the fractions the lower the price will go. If we hit $2000 I would buy it just like how I bought $3200. Drop it to $1000 and I'll keep buying.

People who bought it by luck just speculated on a bounce and have very likely sold already. Most people were waiting for even lower levels, but they never came.