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Author Topic: These will be the best months of your crypto career late comers  (Read 10512 times)
maxreish
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August 15, 2019, 06:59:16 AM
 #101

Easier said than done. Bought btc at 18k then it crashed down and wait until it reached 18k again. My question is, how long does they have to wait? The patience is tested much in that situation. However, if there is no choice then yeah hodl it longer. But if you think, you can't hodl it anymore maybe when they sold it at $13k and rebuy at $9k and sell it again at $12k then atleast it slowly  compensate the lose, right?

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August 16, 2019, 07:41:32 PM
 #102

Easier said than done. Bought btc at 18k then it crashed down and wait until it reached 18k again. My question is, how long does they have to wait? The patience is tested much in that situation. However, if there is no choice then yeah hodl it longer. But if you think, you can't hodl it anymore maybe when they sold it at $13k and rebuy at $9k and sell it again at $12k then atleast it slowly  compensate the lose, right?
It is difficult to predict the market, what if the sold at $13k, and the price never decline again to give them that opportunity to buy at $9k, would they not have lost completely? I am also among the people that bought at that peak price, and I am not blaming it in anyone except myself because I should have watched the market carefully before buying then, but I guess that we all fell for fomo.

We all know that reaching that peak price is one in a particular period, now that we have fallen for that other fomo, the best is to continue afresh while still waiting for us to recover the other money back, so what I do is just to use fresh fiat to trade since the time it dropped to $4k which I bought and I must say that I have made more than what I even invested in that last bull run, while I am still waiting for that one to also grow too.
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November 06, 2019, 02:45:19 PM
 #103

Could not say for sure that these are the best months. Market is basically unpredictable. Either you win or you lose. It's all a gamble. But then only those who take risks could expect something beyond their wildest dreams.
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November 06, 2019, 03:11:06 PM
 #104

Based on speculations we are looking at $20,000 or more so even if you bought bitcoin in $18k or below then it can still guarantee a profit, for me i'm very positive about bitcoin and I really think that the price is always growing and it is increasing as the days, years go by.

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November 06, 2019, 03:33:48 PM
 #105

Easier said than done. Bought btc at 18k then it crashed down and wait until it reached 18k again. My question is, how long does they have to wait? The patience is tested much in that situation. However, if there is no choice then yeah hodl it longer. But if you think, you can't hodl it anymore maybe when they sold it at $13k and rebuy at $9k and sell it again at $12k then atleast it slowly  compensate the lose, right?
It is difficult to predict the market, what if the sold at $13k, and the price never decline again to give them that opportunity to buy at $9k, would they not have lost completely? I am also among the people that bought at that peak price, and I am not blaming it in anyone except myself because I should have watched the market carefully before buying then, but I guess that we all fell for fomo.

We all know that reaching that peak price is one in a particular period, now that we have fallen for that other fomo, the best is to continue afresh while still waiting for us to recover the other money back, so what I do is just to use fresh fiat to trade since the time it dropped to $4k which I bought and I must say that I have made more than what I even invested in that last bull run, while I am still waiting for that one to also grow too.

Therefore now's the time for them to buy. The train surely won't stay here for so long, though the price will surely stabilize around this range for quite few months, but it might not be that long before it leaves because right now the Bakkt app is now gaining a lot of attention to people and media just right after its launch. I guess we'll never know yet what could be its next milestone in price.

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November 06, 2019, 05:13:30 PM
 #106

Honestly its not a good advice to give on buying bitcoin at 18$ as some of them will blame you especially if you did this advice to your friends. Let them discover Bitcoin themselves and then if they want to invest you can help them but don't force them, not all of us have big patience and not all of us do long term investments.

For me ,you're right as if you make long term investment you should buy bitcoin at every price as long as you will have that iron patience to wait for the bull run.
They won't play the blame game if you explain them properly how the market works. They should be made aware of the "short term" risks involved when investing on bitcoin. They should know that the price might drop anytime without any signals or notice. They should be made aware of market manipulation so that they don't panic when the price starts to drop.
If your "friends" know that bitcoin is for long term investment, they won't blame you if the price drops on the short run.

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