WatchMaker (OP)
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March 28, 2021, 02:36:03 PM |
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Don't miss the next bitcoin cycle! Don't miss the next bitcoin bullrun! A lot of people are missing the best time to invest in bitcoin because they are focussing on other things, not the bitcoin market. You have to stay FOCUS on the bitcoin market all the time to get the maximum leverage. You need to stay FOCUS for the next bitcoin cycle to come. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZojCqMe.png&t=665&c=N3MCn4TMI3pA1Q) Twitter: https://twitter.com/misir_mahmudov/status/1118243131584065537
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Oshosondy
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March 28, 2021, 03:16:10 PM |
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One of the reasons people are knowing more about bitcoin and want to invest is because they are seeing bitcoin to be a digital gold, to me I see it as an asset that might even be superior to gold in some decades to come because its supply is limited, that is the advantage it has to physical assets and also because it can not inflate but deflate and people buying it to deflate more and more. The price can be seen high today, but within the next 4 years the price would have increased more after several price fluctuations.
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Febo
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March 28, 2021, 03:19:56 PM |
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Those dates in the tweet were bad times to buy. Good time to buy beside March 2020 when everything was cheap to buy was end of 2018. Also most of year 2015. Beginning of July 2013. November 2011.
All those were perfect times to buy. Next perfect time will be about year and a half from now.
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The Sceptical Chymist
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March 28, 2021, 03:26:02 PM |
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This thread made me chuckle, because I was thinking much the same thing earlier this morning--not so much that I should have bought bitcoin earlier but that I should have held what I had. Every time I spent it, sold it, whatever, it turned out to be a mistake over the years. I coulda been rich!
Oh well. I'm sure a lot of us are in the same boat. And this is one of the reasons why bitcoin won't be a viable currency (one that gets used to buy and sell goods & services) until it becomes stable....which it probably will never be. That said, I've already given up on the idea of bitcoin as money and see it as akin to what gold and silver are today, which are investments.
Be careful buying bitcoin right now, though. Any time you do that when something is at or near its ATH is super risky.
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palle11
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March 28, 2021, 03:29:46 PM |
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OK talking about next bitcoin bull but has not told us when that can happen if now or when price has gone down like it happened in 2017. But with the current price of bitcoin, a reasonable trader can make some profit too by trading. Certain to say that every trader wants the bull time but how to see it is what can't be determined. Op you have knowledge about the next bull?
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thecodebear
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March 28, 2021, 03:48:53 PM |
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Those dates in the tweet were bad times to buy. Good time to buy beside March 2020 when everything was cheap to buy was end of 2018. Also most of year 2015. Beginning of July 2013. November 2011.
All those were perfect times to buy. Next perfect time will be about year and a half from now.
Yeah but part of the point is that new people only buy when the price is really high because that is when new people hear about Bitcoin. People aren't saying "Damn I should have bought Bitcoin earlier" when Bitcoin is down 80%, they say that when it has just gone up 1000% percent or whatever. Tweet isn't listing the best times to buy in the macro cycles, it's listing the main times when loads of people think to themselves "Damn I should have bought bitcoin earlier", and pointing out that it is never too late to buy bitcoin.
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thecodebear
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March 28, 2021, 03:54:06 PM |
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This thread made me chuckle, because I was thinking much the same thing earlier this morning--not so much that I should have bought bitcoin earlier but that I should have held what I had. Every time I spent it, sold it, whatever, it turned out to be a mistake over the years. I coulda been rich!
Oh well. I'm sure a lot of us are in the same boat. And this is one of the reasons why bitcoin won't be a viable currency (one that gets used to buy and sell goods & services) until it becomes stable....which it probably will never be. That said, I've already given up on the idea of bitcoin as money and see it as akin to what gold and silver are today, which are investments.
Be careful buying bitcoin right now, though. Any time you do that when something is at or near its ATH is super risky.
People will spend Bitcoin. Most people aren't just going to never use their savings. They save FOR something. Now of course they can also just sell it, but as it becomes easier and easier to spend (paypal, visa, etc) more people will actually spend it rather than selling it (though through these third party services of course spending is no different than selling really because they sell it for you). I mean I do agree that Bitcoin, being the best hard money humanity has ever had, is firstly a savings technology and secondly a spending technology, but the point of savings is to eventually spend it (or at least some of it). Also the point of the tweet is that it is NOT risky to buy at ATH's. First off just being at an ATH doesn't mean it won't shortly be 10x higher. And if you're using Bitcoin for long term savings then it's never a risky time. You just Dollar Cost Average into Bitcoin to protect against possibly going significantly in to Bitcoin at a temporarily less advantageous time.
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dihari
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March 28, 2021, 03:55:08 PM |
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It's me and maybe most of us all here experienced it. Too scared to jump in and always feel the price was too high to buy it now. Lol If you don't want to keep that circle happen, just use DCA methode for collecting bitcoin as you may still thing the price was too high.
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Wilhelm
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March 28, 2021, 04:16:22 PM |
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Damn I should have bought more ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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peterpanda
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March 28, 2021, 04:23:02 PM |
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Actually we are afraid to invest on right time. Price may down anytime but it won't stay at the same all the time. We should take the opportunity when price drops. Investment on bitcoin is safe, secure, low risky and profitable. So, every time is okay for investing on bitcoin.
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WatchMaker (OP)
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March 28, 2021, 04:32:07 PM Last edit: March 28, 2021, 04:58:02 PM by WatchMaker |
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Damn I should have bought more ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Almost cried when I saw the bitcoin price at $61,000 last week myself because I invested my money heavily in agriculture and the wet season last year 2020 was really bad for us as farmers. the rainy season left us in early October where both cotton and beans really need the rainfall. hard luck for us ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) I failed to stay FOCUS on the bitcoin market and look closely at the bitcoin cycles. I made a huge mistake in 2020
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BitcoinBunny
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March 28, 2021, 04:36:13 PM |
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Those dates in the tweet were bad times to buy. Good time to buy beside March 2020 when everything was cheap to buy was end of 2018. Also most of year 2015. Beginning of July 2013. November 2011.
All those were perfect times to buy. Next perfect time will be about year and a half from now.
You obviously miss the big picture if you think like that. Moreover if everyone bought exactly at those exact "perfect" times, there would not be "perfect" times. I assume you bought exactly at those "perfect" times?
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Poker Player
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March 28, 2021, 04:37:46 PM |
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Lately I have been thinking more about what will happen in the next cycle than in this one. For me Bitcoin is going to be at least a 4 year plan. Probably a lifetime plan, but for the next few years I'm not going to do anything but accumulate and hold (maybe spend some minimal amount).
If you look at the WO thread there are people who have been accumulating and holding for a long time and to this day have already achieved financial freedom or very good financial stability. They would not have achieved that if they had sold at every little rise in price.
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The Cryptovator
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March 28, 2021, 05:17:55 PM |
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Bitcoin is the thing that no one could determine what will be the next move. That's the real issue during entering on it. That's is a normal thing that we regret about our past, it's just not about the Bitcoin, we encounter such as thought in real life. Upon increasing we just say why we hadn't bought, but during the dump, we also think why we didn't sell. So it will never end also volatility will never end as well. So there is no solution. It's quite complex for new small investors to enter Bitcoin lately. Because the price is almost out of range. But big institutional investors coming on the Bitcoin and raising price rapidly. A few months ago the price was dropped below $4K, I hadn't bothered to buy, but I am regretting that. Now above $50K still I am not buying, if price raised up to $100K then I will regret it again. That's life and it will repeat always.
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March 28, 2021, 05:23:05 PM |
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Haha what a poor guy! I also regret selling my bitcoin in the past and trading recklessly then lose a large amount of money
Well, we should stick to the current path and wait for the next bitcoin cycle, as you say and it is the best to buy bitcoin after a big dip. I still looking forward to buy more bitcoin below $40000.
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Theb
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March 28, 2021, 05:34:53 PM |
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Hindsight will always be 20/20 some people are realizing what an opportunity they have missed when they haven't bought Bitcoin earlier. The problem here though is they are regretting that opportunity they never have taken for multiple times already meaning they aren't really taking any chance to earn from Bitcoin, this will be an endless cycle for people who will just regret and regret and nothing else until they actually buy Bitcoin and risk it. Some scenarios I see why they don't buy is because they see Bitcoin going down eventually and they are afraid that when they buy Bitcoin it is the time where it will fall down, this is something that they need to go pass too and actually learn some technical analysis so they know when is the perfect time to buy.
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Bitcoinislife09
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March 28, 2021, 07:46:00 PM |
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Don't miss the next bitcoin cycle! Don't miss the next bitcoin bullrun! A lot of people are missing the best time to invest in bitcoin because they are focussing on other things, not the bitcoin market. You have to stay FOCUS on the bitcoin market all the time to get the maximum leverage. You need to stay FOCUS for the next bitcoin cycle to come. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZojCqMe.png&t=665&c=N3MCn4TMI3pA1Q) Twitter: https://twitter.com/misir_mahmudov/status/1118243131584065537I still think that it is still early for bitcoin so probably these numbers could still increase after 10 years or even more up to a million dollars actually. One thing is certain at this point where the bitcoin supply is getting low and demand for bitcoin is increasing market the market price pump. But the growth of bitcoin this year is different because in the past year it just couldn't climb to 20k$ and then after that or in just a small amount of time the bitcoin is able to surpass 20k$ and then easily climbed up to 60k$. If we are gonna consider the growth of bitcoin these days we could easily double the price or of bitcoin reaching 200k$ or 500k$ after just few years.
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Hamphser
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March 28, 2021, 07:58:32 PM |
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Don't miss the next bitcoin cycle! Don't miss the next bitcoin bullrun! A lot of people are missing the best time to invest in bitcoin because they are focussing on other things, not the bitcoin market. You have to stay FOCUS on the bitcoin market all the time to get the maximum leverage. You need to stay FOCUS for the next bitcoin cycle to come. Twitter: https://twitter.com/misir_mahmudov/status/1118243131584065537Common words! The thing here is that, do you able to see such opportunity when the price is on that current state? Due to volatility of bitcoin then its normal that you would really be hesitating on buying out specially on 19k point on where people are already hesitating because it is already in all time high level or shall we say on the peak price where everybody do believes that price would correct itself. For those who do took risk then they are the ones who are really enjoying the profits now.Its really only a matter of risk on someones portfolio.
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LUCKMCFLY
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March 28, 2021, 08:03:16 PM |
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Investing in Bitcoin will never be late, it is like the study, it has no age, at any time you can do it. Right now, Bitcoin has a very good price, but in some years it will have a better price, it can increase x2 x3 x4, no one can deduce it, but I have total conviction and assurance that it will.
Bitcoin, unlike the Stock Market, is like the safest action, the one that will give you benefits, it is the safe investment, some investors like Warren Buffet advise in their books that you should know how to choose the investment of the action that in a few years They will give you benefits and can even make you a millionaire, but the Stock Market has many shares of companies and corporations, it is difficult to decide which is the best, but the best investment and safe will be Bitcoin.
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yhiaali3
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March 28, 2021, 08:11:37 PM |
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This is completely true, I have witnessed bitcoin price cycles since nearly 2014, at that time I was watching Bitcoin remotely and I remember its price when I learned about it was about 700$, and every time when I saw the price of Bitcoin I was surprised, but when the price of Bitcoin exceeded 3000$, then I knew that there was something unusual Happening and decided to enter the bitcoin world. Many people who watched the beginnings of bitcoin now regret most of their regret because they did not buy bitcoin at the time and keep it until now, also people at this time will regret it in the coming years if they do not buy bitcoin now.
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