Everyone is fearfull. Someone said this is time to be greedy

[dogtana]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

[jackg]

I bought back at 30k but I'm still waiting for a confirmation we go up before opening anything worthwhile on leverage. (I'm waiting for a decisive break above about $40k). There's a chance we just continue in this range or fall a bit if we don't get much of a move (both resistences are very strong).

Spot trading, however, now is a great time to buy. You should obviously ensure you have enough additional funds just in case the market takes a downturn (but I doubt anything below 28k is possible this quarter).

[tranthidung]

Do oppositely to the crowd if you are bitcoiners. If you're still wondering and worrying that the current price is not good enough. If you have some vague idea or hope that price can fall lower then $30k.

Let's do

• Use 50% of the capital you want to invest to accumulate Bitcoin with current price range or around $34k.
• Allocate the rest 50% and patiently for lower lows to load it up more.
• Do it with Spot trading as @jackq said
• This approach help you to avoid boat-missing and have chances to buy at lower lows or DCA.

Soon you will see people say "You're very lucky because you can buy Bitcoin below $100k" 

[coin-investor]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

At a time like this, you'll know who really is greedy for profit, this is the best time to make a profit in the future, but instead, people are crying because their investments are dropping for failing to sell at the right time if they have sold at the right time, they could have to buy more now, the market will eventually recover and many will cry for not buying on the dip it seems the cycle still continues.

[MFahad]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

You can check the exact fear & greed index for bitcoin here.
https://alternative.me/crypto/fear-and-greed-index/

[plr]

You can check the exact fear & greed index for bitcoin here.
https://alternative.me/crypto/fear-and-greed-index/

Who would not be, all our hopes and momentum is gone, this chart just proves that the majority of us here are not yet ready for a sudden shift of the trend, this is another situation where people should only invest what they can afford to lose, but all hopes are not gone, two months from now the community will be rejoicing again after we have a shift to bull trend, I still believe that this year is still in bull trend.

[wyvern2]

I Lend some bluechip crypto and then borrowing usdt to buyback lol

[GreatArkansas]

You can check the exact fear & greed index for bitcoin here.
https://alternative.me/crypto/fear-and-greed-index/
https://i.imgur.com/Wkw7E6x.png

Who would not be, all our hopes and momentum is gone, this chart just proves that the majority of us here are not yet ready for a sudden shift of the trend, this is another situation where people should only invest what they can afford to lose, but all hopes are not gone, two months from now the community will be rejoicing again after we have a shift to bull trend, I still believe that this year is still in bull trend.

Most of those who are FEAR for sure are those people who were able to buy their first Bitcoin last year or this year only.
To be honest, even if you bought your Bitcoin at the previous peak around 2017-2018 which is around $19,000. You are still not to be worried about.
This is the result of panic sellers, especially for those who bought above $50,000.

As what the famous quote said, "Be greedy when others are fearful".

[hatshepsut93]

The thing is, the market can be in the state of "greed" or "fear" for a long time. If you look at the recent history, this indicator was showing "greed" since Bitcoin touched $20k. Does it mean that selling at $20k was good? Now we have "fear", but if we are in a bear market, there will be many more months of it, so you could buy Bitcoin even lower.

[Poker Player]

The idea is not bad in principle, what I don't like is that it is underpinned by the idea to time the market. I think it's better to stick to your plan, regardless of the price swings.

I mean. I don't buy Bitcoin now, I keep logging on and just save what I earn in the next campaign. Well, I keep doing this both in the current situation and if next month the price starts to go crazy and we go over $100k. It doesn't change my plan.

[Ararbermas]

Don't be greedy just get the right timing to enter..  Its very skeptical to follow others thoughts wherein its always good to be true.. The trend is the most important now. What i mean it's not because it becomes cheaper you'll buy immediately, no mate that's a big mistake on this current situation..  Must wait for the the right time to prevent losses and be smart..

[molsewid]

Don't be greedy just get the right timing to enter..  Its very skeptical to follow others thoughts wherein its always good to be true.. The trend is the most important now. What i mean it's not because it becomes cheaper you'll buy immediately, no mate that's a big mistake on this current situation..  Must wait for the the right time to prevent losses and be smart..

Yeah you're right mate, Be wiser and smarter in decisions life especially we are in critical crisis of the world. Think before you decide when it involved big amount of money.  It's true that it's cheaper now but it doesn't mean that you need to buy right now. If you have extra money then go, if not then maybe do something that you can earn and save for it. When you have savings then start buying bitcoin.

[Quidat]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

Depends on you but this line is actually a bit been followed just like into those traditional market advice on where you should be greedy when others are fearful.
This market is really on the bearish side on where everybody is fearful to buy but of course you should consider on to take up consideration about the risk
because the price might even go lower than way it is on the current movement.

If you can risk out and accept the risk then go ahead and buy because these kind of opportunity might not really come once for a while and might
really put you in regret if the price would start to climb up once again.

[Lanatsa]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

Depends on you but this line is actually a bit been followed just like into those traditional market advice on where you should be greedy when others are fearful.
This market is really on the bearish side on where everybody is fearful to buy but of course you should consider on to take up consideration about the risk
because the price might even go lower than way it is on the current movement.

If you can risk out and accept the risk then go ahead and buy because these kind of opportunity might not really come once for a while and might
really put you in regret if the price would start to climb up once again.

Yeah, this one is been said by  Warren Buffet.
https://www.investopedia.com/articles/investing/012116/warren-buffett-be-fearful-when-others-are-greedy.asp
https://www.arborinvestmentplanner.com/be-fearful-when-others-are-greedy/

You would see lots of indications when it comes to emotion on the entire market on different occasions.So better be watchful.

[The Sceptical Chymist]

I bought back at 30k but I'm still waiting for a confirmation we go up before opening anything worthwhile on leverage.

Watch out with that strategy, because if bitcoin were to pop back up to $40k within a day or two it could be a dead-cat bounce caused by small investors buying back in when the overall trend is downward.  On the other hand, I'm nowhere near certain this is going to be a trend or that bitcoin is in a bear market--but a 50% drop is pretty severe, that much is for sure.

Bitcoin is most likely going to get back to and surpass its ATH at some point--I'm sure of that.  So whether bitcoin continues to slide or rebounds, I do think it's smart to be contrarian and bet against the market, i.e., I do think it's a good time to buy if you believe in bitcoin.  At the very least now is a better time to buy than it was when it was near $60k.

[bitzizzix]

Bitcoin price is currently close to 30k, it is best to buy incrementally even though your target is 30k if buying near that price doesn't matter because the difference is only a little.
because bitcoin can easily reverse the situation and I am sure that sooner or later the price of bitcoin will rise again, you should take advantage of the best moments in this decline gradually without having to target the lowest price and the increase in bitcoin price is guaranteed to happen only takes time.

[MFahad]

Bitcoin price is currently close to 30k, it is best to buy incrementally even though your target is 30k if buying near that price doesn't matter because the difference is only a little.
because bitcoin can easily reverse the situation and I am sure that sooner or later the price of bitcoin will rise again, you should take advantage of the best moments in this decline gradually without having to target the lowest price and the increase in bitcoin price is guaranteed to happen only takes time.

Also the fear is now less as compare to the last week as bitcoin price is ranging between 35-40K. Still there is a lot of fear in the market and people are not confident to invest in bitcoins.

[kesmex]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

There should be nothing to be afraid of, because Bitcoin is also still in a sideways situation,
so altcoin entry is highly recommended, buy and buy when the bottom occurs and you hold for mid-term to long-term,
because the declining dominance of bitcoin can create altcoins. exploded like 2018

[South Park]

There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?

It is a useful advice but like always discretion must always be exercised, even if I think this is happening because of the manipulation of the whales and sooner rather than later the price will recover, at the same time the price could always go down even more, so if you buy now you need to be convinced about what you are doing because if this is not the case then you are bound to become a victim of your own tactic and sell in fear if the market happens to go down in value.

[carlisle1]

Bitcoin price is currently close to 30k, it is best to buy incrementally even though your target is 30k if buying near that price doesn't matter because the difference is only a little.
because bitcoin can easily reverse the situation and I am sure that sooner or later the price of bitcoin will rise again, you should take advantage of the best moments in this decline gradually without having to target the lowest price and the increase in bitcoin price is guaranteed to happen only takes time.

Also the fear is now less as compare to the last week as bitcoin price is ranging between 35-40K. Still there is a lot of fear in the market and people are not confident to invest in bitcoins.

Yes indeed! traders and investors are now buying and holding after experiencing that fall, seeing the
advantage and trying to keep the ball moving even there are still pressures that this market will fall back.

The good thing is people do realize that in every trend there's always certain bounce, we do see a lot of this kind
of movements beforehand and with some experienced traders and investors they are trying to catch the dip,

Buying it little by little and test if indicators will show up and give the them the green sign that they are waiting.