eucalyptus
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December 29, 2020, 10:10:15 PM |
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Well no need to get scared. If you really want to have Bitcoin and looking for a safer strategy, you can try to buy every week. Just choose one day and buy whether the price is. I have been doing this for 3 weeks and I even opened thread about this topic.
I don't get scared and feel comfortable with this strategy.
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eaLiTy
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December 29, 2020, 10:19:37 PM |
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I've been thinking, it's now very scary to buy bitcoin, as the bullish movement is at an unexpected level. When do you think bitcoin price will start falling? There is risk in entering when the market is rallying as you cannot predict when the market will go down and the current rally is helped by huge investment from financial fund houses and you cannot predict when they are planning to book their profit and when they does the market will go down drastically and i was expecting them to manipulate the market but they kept on investing heavily.
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chanler
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December 29, 2020, 10:33:01 PM |
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After the price keeping up and it will be quite stagnant at the top, when there is no raise up signal again to breakout, there will be probably the market correction fo Bitcoin. However, I am not sure that the market correcton will be that deep like the previous bearish market. It may be litle bit different with the previous era. Moreover, right now many new investors and also Bitcoin holders beause of this pandemic. The big whales maybe also set the new different of this condition.
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MCobian
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December 29, 2020, 10:39:26 PM |
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Because I had a bad experience buying Bitcoin at its peak in 2017, then finally not long the price fell and made me suffer a big loss at that time. Of course the rise in Bitcoin at the end of 2020 makes me think back to what happened in 2017. It makes me scared and traumatized to buy Bitcoin in the current bullish trend.
So I will wait for Bitcoin to fall first to buy Bitcoin. And the movement of Bitcoin this year is difficult to predict, so I can't tell when the Bitcoin price will fall. Usually a sign Bitcoin will fall if Bitcoin's dominance in the market decreases, but now the dominance of Bitcoin is still very high and continues to rise. Which means that demand for Bitcoin also continues to increase, we have to be patient waiting for the price of Bitcoin to fall.
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oktana
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December 29, 2020, 10:50:30 PM |
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Haha! This reminds me of a meme. Dude, people also asked this question when it was at $20k. I guess they now have their answer. Bitcoin today is still cheap (my thoughts tho). Because I believe there'll be a time when anyone who owns 0.1 BTC will be tagged a super rich person. So, waiting for it to fall, you can never tell if it'll rather get more expensive. However, I like telling people to rather look at Bitcoin as a currency and not as an investment. sourceSo, do you still want to be lollygagging or stop waiting? Ball's on your court mate.
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nelson4lov
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December 29, 2020, 10:59:18 PM |
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If you only own some Bitcoin and you're still interested in buying more, then it wouldn't be a bad idea to do so. Moreover, you're only applying dollar cost average strategy which will lower your average BTC buy price even if you keep buying at higher prices. I don't believe this is the end of the road for the current Bitcoin bull run as there seems to be more upside potential - more institutions keep buying, more positive news and volume keeps increasing. None of these have indicated a change in the direction of the market so far.
It's only bad for people who know little to nothing about Bitcoin and just heard about it in the news recently. Then they buy some stash of BTC blindly with full hopes that the value would go hundred fold next year. Lol.
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acener
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December 29, 2020, 11:04:12 PM |
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No one knows when would the price starts falling and how much would it falls I know most of us really wants to know this kind of details but there is no one who could know it. We all want to know it so we could buy it at a low price again but this kind of question would only get some predictions.
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Fatunad
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December 29, 2020, 11:07:52 PM |
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I've been thinking, it's now very scary to buy bitcoin, as the bullish movement is at an unexpected level.
When do you think bitcoin price will start falling?
What are the signs to watch out for?
No one can tell and if someone do knows on what would happen then they can make themselves play safe into this vary volatile market. No trader or investor would able to detect if the price would tend to go down rather than if they do saw it when it happens. Some would already have the doubts on buying on this current price point which is really very expensive or i do presume that it is already at its peak but who knows if it would push through 30k price point? Its just a matter of someones risk management.
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idrisalomagold
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December 30, 2020, 04:50:26 AM |
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At some point bitcoin will start to fall as the cycle of market will soon to initiate sell off. Bitcoin can be so attractive right now especially to all newbies out there - even seasoned investors are entice against the promised 30k to 50k usd each bitcoin. However, before this price to go beyond its current 28k, it needs to correct somehow in order to open new cycle. Again, at these current price level always set stop loss, limit buy orders and do not FOMO. Always be vigilant especially on huge transfers as most of the time, prices fluctuate in these interventions.
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Lorence.xD
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December 30, 2020, 04:55:32 AM |
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Despite current price I don't think it's scary at all to buy bitcoin now, as long as you are responsible. And that means not borrowing money from anyone to buy bitcoin, not going all in with all your savings, and most importantly look at bitcoin as a long term investment and that means having the patience to wait for even few years.
Trying to time the market and waiting for dips dips is harder than it looks so that's why i prefer dollar cost average method where I don't care much about current price. I simply buy at regular intervals as I know I will profit in the end. So far this method works flawlessly.
Regarding when price will start dropping, it will probably happen suddenly and without some major sign, when people are not expecting.
The price of bitcoin right now is too high to buy a profitable amount. To be honest I wish that this run to stop although I think it can't be bothered because institutional investors are still pouring in their money. I agree that waiting for dips is difficult but the only thing that you need is patience and you can survive waiting for the dip, having a long term investment in bitcoin is a different story although not that much, you can buy right now and at the long term get a small profit or wait for a dip then divide the balance for short term and long term. The unexpected price drop is the scariest because there will be people that will be late for the party and end up not getting any fun.
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Review Master
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December 30, 2020, 05:22:51 AM |
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I was waiting for the fall long time for the last 3 months, lots of money shorting.. And unfortunately, It never falls, This is very frustrating for the shorter like me, it just keeps going up, it may be due to people keep buying BTC, but I guess if bitcoin hit 30k it will go back to 20k. you never know.
Really sad for those who wants to short bitcoin. But i think, more and more new investors are entering into this market as bitcoin hit a new ATH. Because many famous youtubers who aren't into crypto industry , are started to make a video about bitcoin and as a result, more and more newbie are investing on it. In simple world, 2017/18's hype is on its way and bitcoin will start to fall just like 2018 if history is going to be repeated.
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Wexnident
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December 30, 2020, 05:48:02 AM |
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It's been moving on a general uptrend for the past few months now, but really, it depends on what you even want to do with it. As a daily trader, it's actually quite difficult right now imo, since there are times where the price just goes up, and then there are times where it just goes down. Makes it quite difficult to actually judge when to enter to invest. If you want to hodl, then I suggest you enter whenever the price goes down a bit, up to you when exactly, but from the general trend we're seeing it shouldn't suddenly collapse to below 20k in the next month or so. A friend told me that some people borrowed money from banks to invest, and it had paid off for them
Has no one told you to never ever borrow money when investing? That's the stupidest decision of all time and could potentially lead to you being both bankrupt and in debt, and trust me, a life under debt is not something you'd want.
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Review Master
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December 30, 2020, 06:06:29 AM |
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<-- snip -->
when everyone wants Bitcoin to increase to $ 300k, you OP want a bitcoin dump, haha of course this makes me laugh, I'm sure he's short entry at the current price, even though Bitcoin will exceed $ 30k at the beginning of the year. Yup, you can laugh as much as you want until understanding the meaning of "Histroy is going to be reapted". Also, i'm still hodling bitcoin and etherem for long term and positive about bullish trend. But market needs correction before taking a bullish rally and btc may fall back to 20k again if the highest correction is happened. After that, we can also see a bullish or bearish trend as everything is possible on crypto market. But it'll take more times.
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kxz1498
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December 30, 2020, 06:14:43 AM |
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More attention has been drawn to btc and a lot more capital funds from companies are in the cycle now. I doubt it'll dip any significant drop.
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peter0425
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December 30, 2020, 06:16:04 AM |
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I've been thinking, it's now very scary to buy bitcoin, as the bullish movement is at an unexpected level.
When do you think bitcoin price will start falling?
What are the signs to watch out for?
Scared of what ?if you buy now the value will dump sooner? what is the purpose of your buying ?to generate instant profit ? if thats your plan then never consider Bitcoin buying because this has slowly moving currency ,but consider this if your looking for safety. Use altcoins for your trading activities ,and Please don't ask for Bitcoin Falling days because people here don't wanna read that when the Bull is still hot.
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michellee
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December 30, 2020, 06:19:25 AM |
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Yesterday, the bitcoin price is fallen to $26k, but today, the price can increase back to $28k. But that will not guarantee for bitcoin to still increase because the down of the price will have the chance to happen. The only signal you need is to watch closely at the market so you know when you need to buy and sell. You can buy bitcoin at any price you want, but you do not have to become greedy to take the profit because if you are late to take profit, you will need to wait for some time. So use the time to buy and sell by watching and analyzing the market.
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davis196
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December 30, 2020, 06:22:29 AM |
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I think that the first three months of every year are usually the time for a bearish or stagnant Bitcoin market. This happened in the past 3 years,but there's no guarantee that it will happen in 2021.The world is in a very intense pandemic followed by a recession,so there's a possibility that the entire 2021 might be extremely bullish for Bitcoin.However,I don't want this to happen,because I want to buy cheap Bitcoins,not expensive Bitcoins. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It seems to me that Bitcoin is protected against FUD and the hype and optimism around BTC is growing more and more,every day.
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Reatim
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December 30, 2020, 06:52:46 AM |
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I think that the first three months of every year are usually the time for a bearish or stagnant Bitcoin market. This happened in the past 3 years,but there's no guarantee that it will happen in 2021.
But the Past 3 years are the effect of the Bubble happens in 2017 ,when People from nowhere just drops by in market and purchasing Bitcoin ,even those who has no knowledge in crypto did come as they were lured by someone closest to them or from what they found in internet ,same reason that Most of those small investors Fails and Blame Bitcoin for their losses ,and soon the effect happens from the last 3 years after 2017. The world is in a very intense pandemic followed by a recession,so there's a It seems to me that Bitcoin is protected against FUD and the hype and optimism around BTC is growing more and more,every day.
And protected now By the REAL INVESTORS ,who bought from the highest value and not intending to use as trading material ,instead for their companies support and safety from the falling market . So i guess Bitcoin falling won't come the way OP is looking for, instead some small downtrend may come but eventually make a come back.
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█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
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JeffBrad12
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 30, 2020, 07:06:57 AM |
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A friend told me that some people borrowed money from banks to invest, and it had paid off for them
It will be paid off when you were entering the market when the price of bitcoin was so cheap last months but it's not for this time. I do believe if those who have borrowed money from the bank and use to invest bitcoin right now and they will never be profitable or they will get a big loss + interest. It doesn't mean when you are borrowing money from the bank and you will always be paid off from buying or invest in bitcoin. The worst thing will happen when you are blindly entering in the market.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Cebonk
Newbie
Offline
Activity: 82
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 30, 2020, 08:12:47 AM |
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Aset yang dianggap sebagai emas digital ini memang timbul tenggelam, pada Desember 2017 lalu, bitcoin mencetak rekor tertinggi sepanjang masa US$ 19.458,19/BTC, tetapi malah ambrol nyaris 80% setahun berselang.
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