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Author Topic: What made yoi think of investing in bitcoin at the current market?  (Read 473 times)
Irdina
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November 18, 2020, 01:07:06 PM
 #41

people who invest in the market today are people who dare to take big risks, the price is very high, I myself don't dare to buy bitcoin, I dare to play futures and take short in bitcoin. It will be profitable and multiply the results.  short BTC

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November 18, 2020, 01:21:22 PM
 #42

No need to ask again, because history will repeat itself,
and that is certain to be true, many factors influence the increase in bitcoin,
one of which is mass adoption, this is a very healthy increase, because compared to 2017,
2020 is an increase because bitcoin fundamentals are much more well and this will be a bullish start.

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November 18, 2020, 01:28:14 PM
 #43

There is no definite reason, unless they are fomo and take positions rather than too late. there are still many investors who hope and predict that bitcoin will still fall, and then rise higher. it's just that, a small proportion of investors have taken positions at current prices. which is the middle price. because they still believe that bitcoin will reach a price above $ 20k.
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November 18, 2020, 01:30:25 PM
 #44

With the current price of bitcoin, there's a very big chance that the price will keep on pumping and some wouldn't want to be left out when that thing happens. Also some people can now see the real potential of bitcoin when it's up in the market unlike before. Just like me, I would like to buy bitcoin, it's because I don't wanna miss the train when it happens that history might repeat itself just like three years ago. It may be a big risk but still I wanna give it a try.
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November 18, 2020, 04:47:48 PM
 #45

people who invest in the market today are people who dare to take big risks, the price is very high, I myself don't dare to buy bitcoin, I dare to play futures and take short in bitcoin. It will be profitable and multiply the results.  short BTC
That's really a big risk that you will encounter if you really try to buy at a time like this, if you can see the market is rising in terms of value, you can see it in every token especially bitcoin, you should invest before when the price is not that high just like today, we don't actually know what will happen later on but we are all wishing that it will continue to rise up and reach the highest peak just like what happened a few years ago. But we cannot predict what will happen since volatility is the nature of cryptocurrency so it's a big risk for you.
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November 18, 2020, 06:03:06 PM
 #46

There is no definite reason, unless they are fomo and take positions rather than too late. there are still many investors who hope and predict that bitcoin will still fall, and then rise higher. it's just that, a small proportion of investors have taken positions at current prices. which is the middle price. because they still believe that bitcoin will reach a price above $ 20k.

There are still lots of people who believes that the bullish is just starting to be more stronger, and the value will rise up more. With that sentiments buying and holding while the value still in the process of retracing are what most traders are waiting, the opportunities to
get some from those holders who are now selling and enjoying their profits.

If you are into long term investment as you are doing your deeper assessment, buying and holding might be possible to consider since
the market are really forming a strong barriers and it can possibly to explode any moment in time.

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November 18, 2020, 06:32:51 PM
 #47

No need to ask again, because history will repeat itself,
and that is certain to be true, many factors influence the increase in bitcoin,
one of which is mass adoption, this is a very healthy increase, because compared to 2017,
2020 is an increase because bitcoin fundamentals are much more well and this will be a bullish start.
What's the substance of this claim? History of a market price which is volatile in nature and is having no consistency with its direction? Reality is simple, no one is certain of the futuristic behavior of Bitcoin and other cryptos simply because things happen in an unpredictable manner. Since you have mentioned history, are you aware on how huge the expectations were in the same year when Bitcoin reached its ATH? There were expectations of a higher market price but what happened is the total opposite of their expectations. Same thing occurred on the following years and that I think is a more valid reason.

But to invest or not, I'd choose to hold and wait for the dump to occur if there will be, to be able to buy at a lower market price and earn bigger profit. Investing at this moment is more risky I think. Since I don't want to risk that much, I'll just be patient with how the market behaves.
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November 19, 2020, 01:33:13 PM
 #48

When the market is increasing there is usually FOMO and it’s making people to rush and invest. That’s the answer to your question, FOMO is the cause of the rush as price goes up. It’s just like the same thing that happens when the price is falling, when the price of the market is falling there will be fear and people will be selling.

Fear and Greed are the two things that are controlling the market, and it’s always best to utilize these two in making decisions for yourself; buy when people are afraid and sell when they are being greedy, when they are afraid is when the market price will be cheap, so that’s the best time to buy.
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November 19, 2020, 01:49:13 PM
 #49

Is there any reason we can think of why people love to invest in bitcoin while market price is high?

Because they think that it will be higher in the next weeks, months or years. I think that even though they invest right now, they will still have their profit in the long run. You can't tell how high it will be in the next weeks so you can't actually say that the price is high, what you can do is invest as long as you know what you are doing or you have the funds to do so. 

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November 19, 2020, 02:24:26 PM
Last edit: November 19, 2020, 04:20:54 PM by Rexler
 #50

I was curios that bitcoin had been the favorite discussions inside and outside the forum like news popping out in regard to sudden burst.

I just wonder if you want to earn in bitcoin investment then a smart investor would invest in while bitcoin is cheaper and not the current price.
Nowadays bitcoin is the talk of the town, and since it's a global currency you will hear about it almost everywhere, bitcoin is becoming more popular as each day goes by, that's why so many people are now investing in it, and when you talk about smart investors,I don't think smart invest only buy assets when they are cheap, I believe they only buy when they see a real potential in that project, nevertheless buying/ investing  when the price is low and selling at a high price is the right way make some money from this market.

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November 19, 2020, 03:29:44 PM
 #51

Is there any reason we can think of why people love to invest in bitcoin while market price is high?

The price of bitcoin is high at the moment. That's the reason why many people are investing in bitcoin. When the price of bitcoin is too high, there are many topics about bitcoin anywhere and expect that many well-known people worldwide will predict the next price of it, so the followers or supporters of these people who invest in bitcoin will now invest too in bitcoin even if the price of bitcoin is already high compared to the last month.
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November 19, 2020, 03:50:24 PM
 #52

people who invest in the market today are people who dare to take big risks, the price is very high, I myself don't dare to buy bitcoin, I dare to play futures and take short in bitcoin. It will be profitable and multiply the results.  short BTC
That's really a big risk that you will encounter if you really try to buy at a time like this, if you can see the market is rising in terms of value, you can see it in every token especially bitcoin, you should invest before when the price is not that high just like today, we don't actually know what will happen later on but we are all wishing that it will continue to rise up and reach the highest peak just like what happened a few years ago. But we cannot predict what will happen since volatility is the nature of cryptocurrency so it's a big risk for you.

For some people who would dare to enter bitcoin trading or investment at this point were bitcoin market value is at $17000 but has a limited budget this must be said that he already missed out. But if the person who are planning to become a bitcoin investors or traders but has the ability to afford bitcoin even at this high market cap then he could have it. But lets always keep in mind that the higher the market cap if bitcoin the higher the risk to take on too.

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November 19, 2020, 04:55:22 PM
 #53

There are several factors that are affecting me in investing in Bitcoin in the current market. First, some specific futures market analysis and prediction related to Bitcoin that encourages investing in Bitcoin in the current market. Moreover, the fact that Bitcoin has reached an earlier high price gives its investors hope that if its value decreases as a result of investing in Bitcoin, it will return to its current value after a certain period of time. Moreover, the rise of Bitcoin during this coronavirus epidemic makes everyone optimistic about Bitcoin. All of these things make me think about investing in Bitcoin in the current market.

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November 20, 2020, 06:59:40 AM
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The limited supply can be the only reason to be considered while investing in bitcoin - irrespective of price.

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November 20, 2020, 08:28:12 PM
 #55

There are a lot to think about before investing in bitcoin. Regardless the price now, if you think of the coin's future, which is very promising btw, you will not be doubting about buying bitcoin. And if you're scared to invest on it, the price hasn't reached its' ATH at the moment, you'll still be able to profit from this. A lot of investors don't think of the price, but the future bitcoin has.

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November 20, 2020, 08:34:16 PM
 #56

people who invest in the market today are people who dare to take big risks, the price is very high, I myself don't dare to buy bitcoin, I dare to play futures and take short in bitcoin. It will be profitable and multiply the results.  short BTC
That's really a big risk that you will encounter if you really try to buy at a time like this, if you can see the market is rising in terms of value, you can see it in every token especially bitcoin, you should invest before when the price is not that high just like today, we don't actually know what will happen later on but we are all wishing that it will continue to rise up and reach the highest peak just like what happened a few years ago. But we cannot predict what will happen since volatility is the nature of cryptocurrency so it's a big risk for you.

Investors who buy bitcoin at the current price know the risk but they do not invest without doing the research first and calculate the probability.
We know how the market will increase in the near future and bitcoin has been proven to reach a higher peak over time, moreover after halving and what's happening right now.
The trend in the market shows the capabilities and potential of bitcoin to break the ath at $20k, so that buy bitcoin at $15k or $18k isn't bad at all.
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January 11, 2021, 02:32:26 PM
 #57

Well back at previous peaks, people thought $20K was high.  Then they thought $2K was high.  In 2013, they thought $1 was high!
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January 11, 2021, 03:32:27 PM
 #58

Most of the people specially talking about those non-Bitcoiners that shift to being one of the Bitcoiners decided to engage on investing with Bitcoin because people think it is a trend that the initiative is that they will get along on what other people do and they were also driven by their interest know more about on what can possibly happen into their investment with Bitcoin for they are seeing a fast rising in terms of its price and as a result of that, the demand rises as well as the volume of transaction as for people realizes the importance and benefits that they can obtain from Bitcoin. People do not already get bothered no matter what the price is because they already know to take the risks rather than get afraid of what they think could happen. Results can be seen once you get engage and believe that it will be worthy for the long run.

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January 11, 2021, 03:44:35 PM
 #59

The reasons why they are keep buying bitcoin is because they believe to the ability of the bitcoin to rise more yes the price is already high the chances is still there to increase more. But you have to be safe just wait for the dump which is happen now and I guess other waiting more dumping before they buy bitcoin. If they have other reasons is maybe they have plan to the bitcoin they bought..
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January 12, 2021, 01:51:07 AM
 #60

Momentum trading.

Sell a little bit at ATH and:

-spend 50% on the dip
-take 50% as profit
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