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Author Topic: What made yoi think of investing in bitcoin at the current market?  (Read 475 times)
Sayeds56
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February 23, 2021, 10:22:48 AM
 #61

I was curios that bitcoin had been the favorite discussions inside and outside the forum like news popping out in regard to sudden burst of market to bitcoin. I do not know the reason behind the good market o bitcoin but as I learn about it that when demand is higher for bitcoin the market price for each bitcoin will also be directly proportional to its market price.

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.

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

True. Intelligent Investor will always buy when BTC is available at low price but you never know How low is really low and where is the bottom. The best strategy is not to buy all what you are willing to , in one go but in parts. Buy on dip and wait for the next dip. This way you can average your Buying price and your trade comes in profit quickly when market starts recovering.

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Yurkov
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March 19, 2021, 11:03:09 AM
 #62

Current market is ideal for selling not for buying. Still you can make profit by investing small amount of money, buy at dip and sell high. You have to be very careful with this technique; it can also rip you from your hard earned money.

Spack17
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March 19, 2021, 12:46:12 PM
 #63

I was curios that bitcoin had been the favorite discussions inside and outside the forum like news popping out in regard to sudden burst of market to bitcoin. I do not know the reason behind the good market o bitcoin but as I learn about it that when demand is higher for bitcoin the market price for each bitcoin will also be directly proportional to its market price.

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.

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

If we take into account the current market, I think it is still sensible to make an investment in Bitcoin. First of all, you should see Bitcoin as a long-term investment place not short-term. Of course it is better to buy from a much lower level but then you will have wait for that time to come considering the current level of Bitcoin price. I still believe that people can make a nice profit in this year, if they buy now.
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March 19, 2021, 12:51:55 PM
 #64

I think investing in bitcoin is fun and profitable too in my opinion, but we should also know that the price of bitcoin is unpredictable and that bitcoin cannot be controlled by people, so if we want to invest in bitcoin we have to study bitcoin first. .
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March 20, 2021, 10:09:40 AM
 #65

I had acquaintances when everything started about 3 years ago. and bitcoin then began to rise sharply. They collected credits, bought mining equipment - and then bitcoin dropped sharply in price, and very much. Everyone, out of emotion, began to sell it, losing millions. But what would have happened if they left the crypt until today :-)
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March 20, 2021, 10:20:44 AM
 #66


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.

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

Smart investors not only buying at a cheap price, some of them are even buying at a current price simply because they are mainly focused on long-term investment. Buying at a cheap price would be just a bonus unless you were a day trader then that time you must consider buying at a cheap price. There are also some folks buying at a high price because they don't want to miss the opportunity if it goes even higher which is not recommended for me at least, and this activity is commonly done by newcomers.
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March 20, 2021, 10:35:07 AM
 #67

...

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

Investing in Bitcoin is always a smart thing, in my opinion. Because you are not able to know when the price will reach the highest level of its potential and start going down sharply. There are many people and companies that still prefer continuing to buy. And I don't think it will change easily at whatever level we see the price.

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March 20, 2021, 10:46:33 AM
 #68

Investing in Bitcoin is always a smart thing, in my opinion. Because you are not able to know when the price will reach the highest level of its potential and start going down sharply. There are many people and companies that still prefer continuing to buy. And I don't think it will change easily at whatever level we see the price.
Smarter thing to do when investing in bitcoin is knowing when to get in to maximize profits overtime, for example you enter at around the current price then the next day the prices slumped down significantly but if you waited for that to happen then you could've got a cheaper entrance to bitcoin, always enter the bitcoin market when the prices are going down because overtime it will go up.

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Sayeds56
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April 06, 2021, 05:56:14 AM
 #69

Investing in Bitcoin is always a smart thing, in my opinion. Because you are not able to know when the price will reach the highest level of its potential and start going down sharply. There are many people and companies that still prefer continuing to buy. And I don't think it will change easily at whatever level we see the price.
Smarter thing to do when investing in bitcoin is knowing when to get in to maximize profits overtime, for example you enter at around the current price then the next day the prices slumped down significantly but if you waited for that to happen then you could've got a cheaper entrance to bitcoin, always enter the bitcoin market when the prices are going down because overtime it will go up.

I think the smartest strategy is to take entry and exit decision  based on signals generated by Technical charts. That is the best way to maximize profit and minimize risk because charts reflect the sentiments of market participants. Thought it is not perfect science as it is based on probabilities and Historical data but this is the best tool that is used by most of Professional and Institutional Investors.

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April 06, 2021, 07:11:35 AM
 #70

Is there any reason we can think of why people love to invest in bitcoin while market price is high?
They think that it would continue to grow so they should ride the wave while it is still growing stronger.
It is the only explanation that I could think of or maybe FOMO but for me it is just the same.

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April 06, 2021, 08:36:12 AM
 #71

~
Not even selling for me at least, just gonna keep hodling.
Feels like there would be another celebrity manipulation at any time soon. lol Cheesy
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April 06, 2021, 11:13:38 AM
 #72

Many investors still buy bitcoin even the price of it is not too high because they are thinking that bitcoin is good for a long term investment and thinking that bitcoin could still go up in the future, well that is a good thing, it seems like they treat and believe with bitcoin. Actually, they also mind the risk when buying bitcoin when its price is too high but they ate still into investing for the long term.

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April 06, 2021, 09:56:53 PM
 #73

I was curios that bitcoin had been the favorite discussions inside and outside the forum like news popping out in regard to sudden burst of market to bitcoin. I do not know the reason behind the good market o bitcoin but as I learn about it that when demand is higher for bitcoin the market price for each bitcoin will also be directly proportional to its market price.

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.

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

It is simple, the price of bitcoin now in 4 or 5 years is very likely that it has a price almost equal to double or double, every Bitcoin investor when buying forgets the investment and only tracks its movements, it is much better Than investing in any other market, it is above real estate investments and those of crude oil, gold and forex. It is said that it can go as high as 480,000 Usd based on the S2F model, and I trust PlanB.
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