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Author Topic: The best time to fill the bag?  (Read 1429 times)
Bonwin
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March 13, 2020, 07:11:31 PM
 #61

This is one of the best moments to start all over again. This kind of opportunity presented itself in 2019 and a lot of people did not take advantage of it. Rather, they saw the market going up from the bottom. Another bottom has been seen. It takes only those that can see intently, to recognize and understand what is presently trending.
Sometimes, crypto can be very funny and despite that, it takes some levels of seriousness, to see how serious the dip and the ATH might be.
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March 13, 2020, 07:42:03 PM
 #62

I would wait for a while until the market situation calms down because we currently see 20% moves up and down and this is not how healthy market behaves! Be careful and do not try to catch the falling knife.  Roll Eyes

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March 13, 2020, 08:25:39 PM
 #63

There is an almost disturbing downward change in the market price of cryptocurrency, and this is a general problem. Bitcoin as biggest cryptocurrency is taking a huge hit and it is spreading over to even major altcoins like BCH, stellar, litecoin and other promising ones such as Matic, Elrond, Vite etc.

Regardless of the negatives that people have about crypto in general, there has been many bears like this and the market has come back up. I strongly believe that the market will definitely come back green and that now is the time to fill the bag and acquire these coins on the low.

No doubt, the market will always find it's way back up but the big questions are, is this the bottom? Do you have the required patience to hodl for a long time? From where the market stands with the global crisis affecting every economy and sectors,  i don't see the cryptocurrency market experiencing any price surge anytime soon.

What if you fill your bag now thinking you've bought the bottom and the dip keeps getting deeper, do you have what it takes to overlook your portfolio for long term? For whoever buy now and keep for long term will surely smile when the bulls comes around
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March 13, 2020, 08:38:33 PM
 #64

Many coins hit a new low yesterday providing an opportunity to invest back but the market is still highly volatile. No one knows for sure if the blood bath is over or will continue.

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March 13, 2020, 09:27:19 PM
 #65

There is an almost disturbing downward change in the market price of cryptocurrency, and this is a general problem. Bitcoin as biggest cryptocurrency is taking a huge hit and it is spreading over to even major altcoins like BCH, stellar, litecoin and other promising ones such as Matic, Elrond, Vite etc.

Regardless of the negatives that people have about crypto in general, there has been many bears like this and the market has come back up. I strongly believe that the market will definitely come back green and that now is the time to fill the bag and acquire these coins on the low.

Yes best time to fill the bags they say. But currently I think only the whales are enjoying this opportunity. A lot of traders got hooked up. Only a few can afford to fill the bags at this stage. Are we done with the dips?

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March 13, 2020, 09:37:05 PM
 #66

I fully agree with you and i think it is great time to pick quality coins personally i am looking to accumulate more ada and eth and lastly bitcoins as much as i can, i am very confident the positions now will yield high profit in coming months.

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March 13, 2020, 09:43:59 PM
 #67

Many coins hit a new low yesterday providing an opportunity to invest back but the market is still highly volatile. No one knows for sure if the blood bath is over or will continue.

market volatility is already given  and wont be remove this makes crypto unpredictable  but the point on here is that the price is dropping which makes it the best time to fill our bags  but i think people could care less because people also have a major battle in real world , they are prioritizing it and they also need money for it . they need money that people leads to selling thier assets instead of buying more  . this my theory right now on why the price is still down low but i hope its not true and there could be another good reason for the drop
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March 13, 2020, 11:21:23 PM
 #68

Of course you are right. The market will definitely return. Take this situation positively as an opportunity to buy crypto at low prices. The market will definitely return and you will get a good profit.
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March 13, 2020, 11:44:55 PM
 #69

I did so. Now is just a great time to buy cryptocurrency. Therefore, don't miss this opportunity and buy before it is too late.

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March 13, 2020, 11:46:38 PM
 #70

Here, everyone must decide by himself, because investing in cryptocurrencies is always too risky and you can completely lose all your investments at any time, so you should always act wisely and be very careful when investing in cryptocurrencies.
Those who are deciding to buy at the dip have already considered all of the possibility to get the risk from the market. I think that they aware about what they must be doing when the market was also facing the bearish trend. We must do a better think through decrease the possibility to get the risk by used a proper data to speculate the market.

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March 13, 2020, 11:56:18 PM
 #71

I think it's the best time to enter the market is now, we'll hardly go deeper and we'll definitely get higher this year. So the risks are minimal now. Imho, this is not a recommendation of course.

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March 14, 2020, 03:38:43 AM
 #72

The downward trend of the market is indeed disturbing. I'm unperturbed because I know its a norm in the cryptocurrency space. In fact we are all aware that one of the most pronounced characteristics of the industry is volatility. Some persons are of the opinion that the reason for the massive decline is due to the issue of corona virus. I'm yet to understand how corona virus was able to affect this cryptocurrency space to this extent.
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March 14, 2020, 03:59:15 AM
 #73

The downward trend of the market is indeed disturbing. I'm unperturbed because I know its a norm in the cryptocurrency space. In fact we are all aware that one of the most pronounced characteristics of the industry is volatility. Some persons are of the opinion that the reason for the massive decline is due to the issue of corona virus. I'm yet to understand how corona virus was able to affect this cryptocurrency space to this extent.
For me, this is the time to buy some crypto because the price is affordable. Also buying crypto right now is can give you good profit once there value rise again, for now we should wait and buy as much as you want until it's price is falling and affordable. And after that we should aware of the situation of the market and always monitor to know the current situation.

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March 14, 2020, 04:27:50 AM
 #74

May be it's a good time fill the bag but you also should aware that some projects will never recover from this situation because those have no utilization. It's better to do some good analysis before jumping into any coin.

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March 14, 2020, 06:26:58 AM
 #75

The downward trend of the market is indeed disturbing.
Up and down are the two directions the market price of an asset can move to. Now I see people find stagnant prices disturbing, downward prices disturbing. I mean what else do these people want? Always going up? Nope that wont happen. It would be better for such mindset people to just stop trading for some time.

Quote
In fact we are all aware that one of the most pronounced characteristics of the industry is volatility.
Actually the volatility is a measure with respect to time. If you see pre-January2020 prices and compare that to 2019 prices the volatility is on average less than 5%. Such incidents happen once a while. Hence it is wrong to use this price drop to call something too volatile because it is actually not so.
Quote
Some persons are of the opinion that the reason for the massive decline is due to the issue of corona virus. I'm yet to understand how corona virus was able to affect this cryptocurrency space to this extent.
Panic and speculation. No direct correlation unless proven.

R


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March 14, 2020, 09:46:10 PM
 #76

We are at a point when everyone talks about Warren Buffet. Dude is basically the king of "buy when its low" type of strategy.
He always bought stuff depending on the situation of companies finances, so if a company was undervalued for what is profiting, he would buy a ton of stocks from it. Dude literally paid out a banks whole debt in 2008 in exchange of some interest, have you ever heard of someone who is so rich that dude literally paid out a banks debt, that much rich he is, but he got so much more money back for it that bank tried to buy it out but he didn't allowed them and rejected and just collected cash.

Today is the day you can become Warren Buffet as well, not as rich as him of course but you can at least do something he would do if he was in your shoes.

You're right mate, one of Warren Buffet favorite way is "being fearful when others are greedy and being greedy when others are fearful. I think that strategy explain perfectly the condition of cryptocurrency market when there is either bear or bull. Whenever there is bear and downtrend in cryptocurrency, you'll see people panicking and selling off their holdings which will definitely be in loss as well when there's bull and sudden price surge, you'll see people rushing to get in and take position which will enventually fire back when market experience a little correction because they entered when the price was high
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March 15, 2020, 04:03:51 AM
 #77

Now the market is back down, if yesterday didn't have time to buy it now is the right moment to buy it before the price rises again. I'm sure approaching halving happens or after that bitcoin will rise again, so don't waste the opportunity to buy cheap.

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March 15, 2020, 04:10:55 AM
 #78

Now the market is back down, if yesterday didn't have time to buy it now is the right moment to buy it before the price rises again. I'm sure approaching halving happens or after that bitcoin will rise again, so don't waste the opportunity to buy cheap.
Indeed, this is a perfect time to buy and dont wait for the market to recover before buying because its always best to buy in dip. We might not know when will crypto going to recover due to the current issue that we are facing and even the upcoming halving is not a guarantee now for the price of btc to surge. Everything that happen is unexpected and we didnt see this virus to affect the market big time. But there's always a reason why all of this is happening and at this point we can see the investors who are firm with their decision to hold and not chose to panic sell.

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rodskee
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March 15, 2020, 04:37:48 AM
 #79

I think we all need to realized that this situation is advantageous for all of us ,because the time has come that we can avail again of the lowest
price market can give us.
We have been praying for year now that at least Bitcoin price falls like this so altcoin will do the same.
And now here it goes so why
need to be affected?does anyone dont look at this as a favor?or we are really desperate in selling but doesn’t care of buying?
You will all regret this chance if you don’t buy it now so what are you waiting for?

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March 15, 2020, 06:35:41 AM
 #80

I think we all need to realized that this situation is advantageous for all of us ,because the time has come that we can avail again of the lowest
price market can give us.
Definitely not all of us since not all of us sees the same status of the market, some would say it's a bad market and they'll panic, while some would say its an opportunity for us to buy cheap bitcoin and altcoins.

You will all regret this chance if you don’t buy it now so what are you waiting for?

Hopefully the price will be able to recover soon so they'll realize they let themselves miss an opportunity.

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