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Author Topic: When Will You Start Buying Again  (Read 2722 times)
Smitty Werben Man Jensen
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April 14, 2020, 10:05:43 AM
 #41

The market is standing still and investors are on a wait and see now, people are waiting for this pandemic to end and they are following if there is a new vaccine or any vaccine will be released in the next few months, judging from all the news coming out at least 4 countries are on clinical test on a proven vaccine, so there is hope that this pandemic will be controlled.

Will you start buying after the release of the vaccine or are you go going to wait or are you now buying because you know the market will eventually get better.
it's not easy to release a vaccine in just a few months, my expectation is 1 year for the vaccine to be distributed to the world, it sounds very long,
but for market conditions I think not because of the vaccine !, but the graph from Covid19 itself, if the graph from Covid19 down, I'm sure 100% the stock market and the crypto market will try to go up

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April 14, 2020, 11:25:45 AM
 #42

Will you start buying after the release of the vaccine or are you go going to wait or are you now buying because you know the market will eventually get better.
Since I also need money, I'm not sure if I'm going to buy more. No need to wait if you are sure that the market will recover after this pandemic. I'm sure some of the people already use this opportunity to buy more especially the time that bitcoin dump around 4,000$. And, probably if the vaccine is already available on the market for sure many people will convert their bitcoin or altcoins to fiat just because they need to buy that vaccine. Planning to buy now is a good idea especially if you have extra funds but I know our life and health are more important than an investment that's why just if you have extra funds.

All of us are currently hoping for the recovery of the market but probably it will take a lot of months before it recovers and as long we're facing this pandemic we can't assure that the price of every cryptocurrency will recover.

I had all my savings on crypto and just waiting to realize profit once the market recovers.
This is very aggressive, putting all your savings is not like everyone can do, including me.
Same with you, I don't even dare to do it and putting all your savings to cryptocurrency in this current situation is not a good idea. What if you will suddenly need the money and the market crashed, how will you handle that? Just think wisely and life is more important than having a profit.
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April 14, 2020, 11:55:49 AM
 #43

The market is standing still and investors are on a wait and see now, people are waiting for this pandemic to end and they are following if there is a new vaccine or any vaccine will be released in the next few months, judging from all the news coming out at least 4 countries are on clinical test on a proven vaccine, so there is hope that this pandemic will be controlled.

Will you start buying after the release of the vaccine or are you go going to wait or are you now buying because you know the market will eventually get better.
it's not easy to release a vaccine in just a few months, my expectation is 1 year for the vaccine to be distributed to the world, it sounds very long,
but for market conditions I think not because of the vaccine !, but the graph from Covid19 itself, if the graph from Covid19 down, I'm sure 100% the stock market and the crypto market will try to go up
I don't think it would that be easy, though the number will be down but as long as the threat is still not contained, life will never be back to normal.
Imagine people using face mask when they go out and do social distancing, it will make our life harder and we will be less effective, hence the flow of the money will slow and the economy will be slow as well.

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April 14, 2020, 12:15:21 PM
 #44

From the beginning of the year I was expecting that the price would drop to around $5k and I think that this is a good price to start buying again. At the moment, due to the crisis in the global economy, the situation can change at any moment. There is a risk that the price will fall very much once again, but the possibility of one more flash crash is every day smaller. I think that more and more investors from classic exchanges are beginning to notice the potential in the cryptocurrency market and this moment may be the best to buy. Personally, I will wait until the end of April with a decision. Hopefully the train will not surprise me.

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April 14, 2020, 12:56:49 PM
 #45

From the beginning of the year I was expecting that the price would drop to around $5k and I think that this is a good price to start buying again. At the moment, due to the crisis in the global economy, the situation can change at any moment. There is a risk that the price will fall very much once again, but the possibility of one more flash crash is every day smaller. I think that more and more investors from classic exchanges are beginning to notice the potential in the cryptocurrency market and this moment may be the best to buy. Personally, I will wait until the end of April with a decision. Hopefully the train will not surprise me.

I am not expecting any such big move to happen now with the virus as majorly it has effected what it had to do and we know it is going to take couple of months for things to start get back on track. So prices would have already being factored in as it has started to drop from 9k and had fallen 50% or more and then recovered it. So on small dips one should be buying it for making future profits.


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April 14, 2020, 01:57:37 PM
 #46

When the time that we are all safe from this virus.
Investing is not my first priority at this time and I have to focus on the safety and health assurance of my family. We are still in the crisis, we are battling against the virus which we don't know how long this will be resolved. I have a money already but I have to save this for the coming days without a job, no salary and nothing to come. Should I have to consider this first before anything else.

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April 14, 2020, 02:08:00 PM
 #47

The market is standing still and investors are on a wait and see now, people are waiting for this pandemic to end and they are following if there is a new vaccine or any vaccine will be released in the next few months, judging from all the news coming out at least 4 countries are on clinical test on a proven vaccine, so there is hope that this pandemic will be controlled.
Buddy, any medication that's said to be proven vaccine is already a confirm vaccine and until now i haven't seen any Doctor or Medical practitioners in the world claiming to have found a proven vaccine for Covid-19.

Will you start buying after the release of the vaccine or are you go going to wait or are you now buying because you know the market will eventually get better.
Waiting for vaccine to be find/release before buying could be silly thought because the crypto market have shown the sign that the weak hands have exit the market and anytime soon the bull run market can happen.

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April 14, 2020, 02:10:23 PM
 #48

I have already stopped buying any altcoins because I decided to focus only with bitcoins. After lockdown, I believe you cannot allocate big money for crypto investments like how previously I was doing. So, within small budget I want to ensure same level of growth which will be possible only with bitcoin investments. God's grace, I believe I may not stop investing into bitcoin but not sure what is going to happen in coming weeks.

It is really unexpected that I needed to change my investment plans. Previously I was allocating big money every month for crypto investment purposes but due to this corona outbreak, I am forced to change everything. Let us wait and see what the future unfolds for all of us.
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April 14, 2020, 03:16:39 PM
 #49

Same with you, I don't even dare to do it and putting all your savings to cryptocurrency in this current situation is not a good idea.
In any situation I guess, because our life savings is all we got and we never know if we will succeed or not.
Let's try to educate ourselves and study the basics of investing, we need to allocate a certain percentage only of our entire savings so we can still secure our future, investing is like a trial and error thing until we figure out how to do it but even if that so, it still does not automatically make us profitable.

What if you will suddenly need the money and the market crashed, how will you handle that? Just think wisely and life is more important than having a profit.

Now, this.. therefore, managing our savings properly is very important.

Save for investment, for emergency and for leisure.
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April 14, 2020, 03:24:25 PM
 #50

Don't buy coins when Bitcoin reach a new hieght, this is the silly mistake many did, the best time to buy coins is when market in red or in bear market, buying when price is high will get you stucked

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April 14, 2020, 03:42:04 PM
 #51

honestly with this pandemic, everything is very complicated, my country is in an emergency which means that it is very difficult to leave home to go to the bank to buy bitcoin, my country's banks are working with restrictions and most people are focusing on buying food. to answer your question, i can only buy bitcoin at the end of november or december, i believe that until then i will save a good amount of money

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April 14, 2020, 03:52:02 PM
 #52

honestly with this pandemic, everything is very complicated, my country is in an emergency which means that it is very difficult to leave home to go to the bank to buy bitcoin, my country's banks are working with restrictions and most people are focusing on buying food. to answer your question, i can only buy bitcoin at the end of november or december, i believe that until then i will save a good amount of money
That's said, hopefully you'll not miss the good opportunity to buy.

but anyway, I think the struggle will take longer as vaccine will not be produce right away, so no vaccine means the virus will stay.
Also, the crypto market is not that stable for now, anytime when whales decide to dump it, they can do so, so let's watch out for that.


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April 14, 2020, 05:13:23 PM
 #53

a lot of people do or investors do when panic now. because the most important thing now is to take care of each other's safety. and if all these pandemics pass quickly then people will think about designing their future

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April 15, 2020, 12:44:24 AM
 #54

One person's perception depends on how you see the market situation, well, for me whether with or without this global pandemic, it is really a good time to buy and that depends on how you position yourself but of course, making a wise decision is still there and should be always there to ensure that you will get profit on it. Hence, no need to add emotions but hence, more into making a plan to buy
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April 15, 2020, 06:44:15 AM
 #55

One person's perception depends on how you see the market situation, well, for me whether with or without this global pandemic, it is really a good time to buy and that depends on how you position yourself but of course, making a wise decision is still there and should be always there to ensure that you will get profit on it. Hence, no need to add emotions but hence, more into making a plan to buy
it will be very fun when we have very much cash. however, if it is limited, then buying at a time like this will bring various considerations. however, I think this is still an opportunity to have many popular crypto-assets at affordable prices.

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April 15, 2020, 09:03:59 AM
 #56

a lot of people do or investors do when panic now. because the most important thing now is to take care of each other's safety. and if all these pandemics pass quickly then people will think about designing their future

When they panic, we should use it to be ready at the market because if that happens, I think the market will look at downtrend so that can make the price to get down too. If we can be ready, we will have the opportunity to buy the coin at a discount price because many people and investors will sell fast their coins. That is the advantage during this pandemic, and I think that is a good time to start buying bitcoin and altcoin this time. So you need to prepare your money to wait for what will happen at the market.

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April 15, 2020, 09:21:12 AM
 #57

i have already bought last month but of course looking for another chance to buy again if the price sits at least 5,000$ or low and it seems reasonable right?
i have already Bought last month but of course looking for another one again.
a lot of people do or investors do when panic now. because the most important thing now is to take care of each other's safety. and if all these pandemics pass quickly then people will think about designing their future
and that is what they must do now,Buy more and more while the opportunity is still lowering the price.

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April 15, 2020, 10:07:02 AM
 #58

a lot of people do or investors do when panic now. because the most important thing now is to take care of each other's safety. and if all these pandemics pass quickly then people will think about designing their future

When they panic, we should use it to be ready at the market because if that happens, I think the market will look at downtrend so that can make the price to get down too. If we can be ready, we will have the opportunity to buy the coin at a discount price because many people and investors will sell fast their coins. That is the advantage during this pandemic, and I think that is a good time to start buying bitcoin and altcoin this time. So you need to prepare your money to wait for what will happen at the market.

preparing is good but hard to do because we also need money these times  ,that is if we are poor but some rich people can always prepare because they already have a good saving iether on thier banks or piggy banks  .

 to the question if when will i start buying again , i think the next time when this problem was over because we are also experiencing a financial issue  .  for now i only do is to hodl as i still have some coins left on my crypto wallet and yes i sometimes use it unfortunately  .
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April 15, 2020, 11:33:52 AM
 #59

One person's perception depends on how you see the market situation, well, for me whether with or without this global pandemic, it is really a good time to buy and that depends on how you position yourself but of course, making a wise decision is still there and should be always there to ensure that you will get profit on it. Hence, no need to add emotions but hence, more into making a plan to buy
If there is a reasonable investment strategy, you will be successful in this market and whenever this market exists, we still have the right to hope for the future of that coin. I invested more than 70% of my assets and bought lots of cheap coins so my job now is to wait until things get better and better. In my opinion, if the covid-19 ends, surely all coins in the crypto market will increase together.

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April 15, 2020, 12:13:15 PM
 #60

The market is standing still and investors are on a wait and see now, people are waiting for this pandemic to end and they are following if there is a new vaccine or any vaccine will be released in the next few months, judging from all the news coming out at least 4 countries are on clinical test on a proven vaccine, so there is hope that this pandemic will be controlled.

Will you start buying after the release of the vaccine or are you go going to wait or are you now buying because you know the market will eventually get better.

You're late, buddy. I already bought when market's messing up at $4k. Well, I am planning to buy once again since I have this hope that market would go back at maybe$9k or if fortunate $10k? Don't have any analysis thought 'cause this is just a mere feeling of mine that when everything seemed to be fine then everyone would go back to crypto space.
As for the vaccine case, I just recently read that Pharma giants Sanofi and GlaxoSmithKline would join forces. It was stated that if they successful achieved their plans, potentially vaccines would be available at the second half of 2021. But let us hope that it won't take that much longer.
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