henryvuong (OP)
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January 13, 2021, 02:27:17 AM |
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At the time of this post, bitcoin is about $33,500, that's 20% off its peak last week. I have seen here and there people saying they regret that they didn't buy bitcoin before. Well, if you are one of them, this is your chance, buy it now. You don't have to buy a whole bitcoin, just buy whatever fraction of it that you can afford.
If you still hesitate, then you should never regret again, because you never would have bought it in the first place anyway, even when it was very cheap. There are people say "I regret I didn't do this and that..." but when the opportunity comes, they refuse to take it. They just say it because they feel envy to people who did, but they themselves don't want to take the risk.
Your choice: buy it now, or come back in the future and regret again?
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sunsilk
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January 13, 2021, 02:39:05 AM |
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At the time of this post, bitcoin is about $33,500, that's 20% off its peak last week. I have seen here and there people saying they regret that they didn't buy bitcoin before. Well, if you are one of them, this is your chance, buy it now. You don't have to buy a whole bitcoin, just buy whatever fraction of it that you can afford.
Just like those early experiences when the price of bitcoin hits $1k and many have missed those 3 digit price for bitcoin, you'll hear the same complain and regret that they've never bought it while it was under that price. It's just another history that's repeating when people keep saying that they regret not buying when it was cheaper. If you still hesitate, then you should never regret again, because you never would have bought it in the first place anyway, even when it was very cheap. There are people say "I regret I didn't do this and that..." but when the opportunity comes, they refuse to take it. They just say it because they feel envy to people who did, but they themselves don't want to take the risk.
Your choice: buy it now, or come back in the future and regret again?
When the opportunity comes, they'll have another excuse that the price is still expensive. They don't have clear plans for buying and we can't do anything about it. Let them have their own ways and decision as long as you've done your part and advised them what they should do, they're on their own.
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aoluain
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January 13, 2021, 07:57:19 AM Last edit: January 13, 2021, 08:14:06 AM by aoluain |
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I personally know people who have bought bitcoin last weekend when the price was $35/$38k. I have been telling these people for the last year to get involved and buy but they refused. They needed proof of some kind that what i was saying when the price was $12k was correct. They hesitated and doubted and missed out, just like some who are entering the crypto space now, some will have FUD.
There are also those who believe Bitcoins price will fall back more to $25k and lower and so are holding out for that scenario.
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btc_angela
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January 13, 2021, 08:59:09 AM Last edit: January 13, 2021, 10:01:03 AM by btc_angela Merited by Dave1 (2), aoluain (1) |
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Of course, this kind of correction are healthy, as investors who have missed the boat have the opportunity to rejoin and be a long term holder. The key here is that you really need to hold for at least a year to maximise your profits, otherwise you will just get small dividends. However, as the saying goes, invest what you can afford to lose. Or better yet, don't wait till the price goes down to $20k at is might not happen with the way the price is moving today. Although we are down in the last 3 days, the sentiments are still very bullish. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FrdxZS6O.png&t=665&c=mxZ0ipCMPoTNEA)
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Rikafip
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January 13, 2021, 09:12:35 AM |
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Basically from the moment I heard about bitcoin for the first time (iirc late 2013/early 2014) I hear people saying that it's too late to buy bitcoin now, that they missed the train etc just because they didn't buy bitcoin when it was dirt cheap, but in reality they wouldn't even think about buying when it was few dollars, as they would probably think that it's some kind of scam.
Last year I had to sell some bitcoin for some ongoing expenses and I asked all my friends & family (that wanted to buy when price was at previous all time high) if anyone is interested. BTC was 9-10k at that moment and absolutely no one wanted to buy, it was too expensive for them. After BTC crossed 30k mark, I keep getting messages from those same people, asking me where and how to buy.
To sum it up, those that really want to start investing will buy at any price (preferably using dollar cost average method) while those that don't will always find some excuse and always wait for the better time.
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Lorence.xD
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January 13, 2021, 09:24:14 AM |
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Of course, this kind of correction are healthy, as investors who have missed the boat have the opportunity to rejoin and be a long term holder. The key here is that you really need to hold for at least a year to maximise your profits, otherwise you will just get small dividends.
However, as the saying goes, invest what you can afford to lose. Or better yet, don't wait till the price goes down to $20k at is might not happen with the way the price is moving today. Although we are down in the last 3 days, the sentiments are still very bullish.
This correction will be a temporary hiccup in the prices, I do agree that waiting for a dump around that number will be difficult because by that time, the prices are already on the rocks because of dips. The people who are still not buying is either waiting for an affordable dip or they are just ignorant that the prices will increase.
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oliviarobert
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January 13, 2021, 09:59:31 AM |
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Bitcoin is not for investment, it is for speculations as it goes up and down and there are very good chances of either selling or buying it to make huge amounts of money. However, trading can be found to be the same volatility, just like anything else, bitcoin is just a trading instrument.
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arwin100
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January 13, 2021, 10:06:43 AM |
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At the time of this post, bitcoin is about $33,500, that's 20% off its peak last week. I have seen here and there people saying they regret that they didn't buy bitcoin before. Well, if you are one of them, this is your chance, buy it now. You don't have to buy a whole bitcoin, just buy whatever fraction of it that you can afford.
If you still hesitate, then you should never regret again, because you never would have bought it in the first place anyway, even when it was very cheap. There are people say "I regret I didn't do this and that..." but when the opportunity comes, they refuse to take it. They just say it because they feel envy to people who did, but they themselves don't want to take the risk.
Your choice: buy it now, or come back in the future and regret again?
It's not good to buy when the price is dumping since instead of gaining a profit you will lose your money so if I where you I will wait for further more and see if more dump coming, although there's not wrong to buy at the current rate but you should know the risk upon doing this and not always expect an immediate profits since we know market is so unpredictable and that's why we need technical analysis before we enter.
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Gotumoot
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January 13, 2021, 10:07:10 AM |
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Well I was already planning to invest few days ago so I think it is now my chance to buy now. I don't have plans on investing huge right now I don't want to risk everything that I have, I don't think that I could handle it if I loss because of my greed right now without any back up for it.
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rokon1234
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January 13, 2021, 10:10:15 AM |
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In my opinion this time is not perfect for investment.because, now market seen very risky.Because, any time bitcoin price can dump that's now many traders also hold their trade this time.
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Upgrade00
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January 13, 2021, 10:43:57 AM |
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In my opinion this time is not perfect for investment
Timing an investment perfectly would mean buying at the very bottom and selling at the top, this is however not practical, markets are unpredictable and one cannot guess the direction it would take, if one keeps hesitating before buying they could miss the train and end up buying at a much higher cycle. The most important factor in an investment is; understanding the fundamentals and putting in what you can afford to lose, not timing the investment perfectly, Bitcoin hovered between the $7k and $12k mark for a long time last year and any of those prices would have been a very good time to buy considering the current price. Same way any buy in price now would be profitable should Bitcoin cross the $100k mark sometime in the next 24 months.
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eucalyptus
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January 13, 2021, 11:12:16 AM |
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I would not recommend to put all your money in Bıtcoin now. We can see a correction which Bitcoin price declines at $20.000 levels. But it is not certain. Instead best to buy when the price goes down and buying gradually. So maybe it is not the last chance to buy Bitcoin but a chance.
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manfredmann
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January 13, 2021, 11:17:35 AM |
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At the current market price? No thanks it could still go down for more and It just a trap probably especially to those who buy expensive and will get emotional and sell thier btc holdings at lower price. This is now the battle between the heart and brain. The heart probably gets emotional right now but the brain still wishes bitcoin could still do good. Well, only time will tell what next will going to happen in bitcoin. So expect the unexpected.
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dothebeats
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January 13, 2021, 11:43:42 AM |
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I managed to sell most of my recent buys during the $41k peak and just read an article regarding bitcoin's potential correction of 50%. I saw the signs as the volumes start piling up together with the sell orders on the exchange that I'm using, and that is where I pulled the trigger and released my coins @ $41k. I'm looking to go lower than $30k before I buy again but I guess that's wishful thinking on my part. $32k is a good buy right now, although again the threats of the sub-$30k correction is still around the corner knowing that there are still many shaky hands that are still quite unsure of bitcoin and where it stands right now.
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Lavander
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January 13, 2021, 02:11:40 PM |
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You are right, everyone still has a chance to buy bitcoin and profit from it as we are still very far from hitting the peak of the market meaning the bitcoin price will still continue to grow until it will hit it's peak.
I am not that good with prediction but base on the market movement, there is a big possibility that the bitcoin price will hit it's peak at 70-80k before going to bear season again. So if you don't want to regret again then buying and stocking some bitcoin now is a good chance for you.
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Pegiz
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February 03, 2021, 06:26:38 PM |
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I think that there are a lot of such regretful people, but now none of them will invest in Bitcoin because it is too expensive, everyone will wait for a rollback back to 3K, but I hope this will not happen.
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Bitcoinislife09
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February 03, 2021, 07:24:23 PM |
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At the time of this post, bitcoin is about $33,500, that's 20% off its peak last week. I have seen here and there people saying they regret that they didn't buy bitcoin before. Well, if you are one of them, this is your chance, buy it now. You don't have to buy a whole bitcoin, just buy whatever fraction of it that you can afford.
If you still hesitate, then you should never regret again, because you never would have bought it in the first place anyway, even when it was very cheap. There are people say "I regret I didn't do this and that..." but when the opportunity comes, they refuse to take it. They just say it because they feel envy to people who did, but they themselves don't want to take the risk.
Your choice: buy it now, or come back in the future and regret again?
I admit it is a good time to invest in bitcoin since the price is still low compared to the ATH of 40k$ but I don't invest that much in bitcoin because of the high price the chances are the profit I could make is just small because the bitcoin I can only afford is small also or just a low volume probably not even 1 bitcoin. Investing in altcoins is a lot profitable if it's not a big amount of money as well as there are so many potential altcoins in the market that could pump to the moon in the coming months. But still, bitcoin is the top cryptocurrency overall I would still invest in it but for the long term but for quick profit invest in altcoins.
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vintages
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February 03, 2021, 07:28:54 PM |
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Some people still believe that the price of Bitcoin will still dump to 20k or even lower. More reason they are feeling reluctant to buy now. Whatever the case may be, Bitcoin may still dump to the price of thirty thousand dollars but people shouldn't wait for that.
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milewilda
Legendary
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Activity: 3220
Merit: 1149
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February 03, 2021, 07:59:37 PM |
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Some people still believe that the price of Bitcoin will still dump to 20k or even lower. More reason they are feeling reluctant to buy now. Whatever the case may be, Bitcoin may still dump to the price of thirty thousand dollars but people shouldn't wait for that.
For people who doesnt mind about on going for long term then this would be the main reason on why they do still hesitate on buying it now on the current price or moment.It is almost reaching out 40k or shall we say breaking its ATH but for those who do tend to hold then entering or buying it would be just okay without minding the price. On the current value on what we are seeing with bitcoin then everyone would surely be hesitating due to its expensive price but it isnt necessarily to buy up a whole but since we can always go with fractions. Go for long term or would just simply trade on it actively.
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pixie85
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February 03, 2021, 08:49:16 PM |
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Some people still believe that the price of Bitcoin will still dump to 20k or even lower. More reason they are feeling reluctant to buy now. Whatever the case may be, Bitcoin may still dump to the price of thirty thousand dollars but people shouldn't wait for that.
A dump to 20 thousand is still possible and it won't really change much. It will only postpone the bull market. If we were to go to 20 and hold there it would mean that the last top is now a strong support which means that price is bound to go higher, which means we are in a bull market and the dump doesn't change anything. 20 would be a better moment to buy but it doesn't mean 30 is a bad one. It's just worse.
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