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Author Topic: This sh*t ain't for the faint of heart! 😭  (Read 597 times)
shield132
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June 26, 2021, 10:52:46 PM
 #41

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.
Wait, what do you want from trading? Do you wanted to buy bitcoin exactly at $28,808.00 ? What did you want? To buy today and become rich tomorrow? If you think that price is high at the moment and there is the possibility of price fall, then you can call short on futures trading and you'll profit when the price declines.

Every time is a good time when the price is far from it's all time high, that's what I think and that's what has always succeed for me. It's not necessary to check your portfolio every day and every time, just seat and wait. One year ago, bitcoin's price went from 9K to almost 3K, I really missed that moment and the second day price recovered. If I have watched that fall, I would panic and sell, glad I missed that moment.

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June 26, 2021, 11:05:25 PM
 #42

You have to plan at the right time and invest. When the price crashed in 2020  it was repeatedly being said that then was the best time for everyone to start buying and some people never took that opportunity, maybe because they felt it was over for bitcoin or they thought that the price was still going to decrease further.
First we need to accept the fact that Bitcoin is here to stay and if we have that understanding then the risk factor or the pressure and anxiety when the price drops is minimal because you know that the price will always recover but you need to understand that it is always wise to invest during a market correction and even if the market goes down further all you need to do is to be patient and wait for the recovery even if it takes a few years.
That is supposedly what we gonna do but can't deny that many had struggled to understand the market and to control their emotions. They become doubtful and emotional pressure leading to a wrong decision. I cannot blame them either because this was a free market and I think they their own. But, if this often to happens with them, sooner or later, they will be out in the market with big losses.
I don't want to reach that point and we become hopeless so better to control our emotions before it getting worse and unable to control them.



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June 27, 2021, 07:18:39 AM
 #43

If you don't use money that initially was planned by you for buying something else making decision to buy the dip actually become a lot more easier,
moreover if you trying to save up money for investing, basically allocating that money for investing only it could give you courage to buy the dip.
Trading is not for the faint heart indeed, but it's basically the same as other business or any money making activities there's always risk involved,
you see those billionaires taking risk like elon buying tesla when it was about to go bankrupt, faint hearted people definitely not gonna do that, and it works like that in crypto market as well.

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June 27, 2021, 08:12:06 AM
 #44

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.
Even I am always very much concerned about the diversification principle, I would suggest anyone to go for buying bitcoins with all their capital right now. Because this must be very good time for making quick profits out of bitcoin investments like we might get opportunities to make at least 5x in next 4 to 6 month of time itself. So, the risks might be worth the profits.

if you trying to save up money for investing, basically allocating that money for investing only it could give you courage to buy the dip.
When you are dealing with highly reputed investment opportunity then you never need to worry about other things; it means you can go with all your courage to buy bitcoin at the current dips because it will never disappoint you for sure.

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June 27, 2021, 11:10:43 PM
 #45

Not going to all in whether the market is good or bad. Because it is too risky and I am not a high-risk taker.
The price of Bitcoin will be always changing, every day. We can take or buy at some rate Bitcoin and sell them at a higher price, of course, simply. But, how if the price goes down again? For me, no problem as long as I am still holding it in wallets.
Alternatively, if the price doesn't drop too much, it may use the cut loss feature in order to take other profits from another trading.
In fact, there is no bottom price exactly to know and the highest price exactly know. But we can do wisely whatever the rate we take.
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June 28, 2021, 12:50:06 PM
 #46

Not going to all in whether the market is good or bad. Because it is too risky and I am not a high-risk taker.
I don't think so, since you are here in crypto, therefore, you are already taking the high-risk and you are contributing to the volatility of the market.

Quote
The price of Bitcoin will be always changing, every day. We can take or buy at some rate Bitcoin and sell them at a higher price, of course, simply. But, how if the price goes down again? For me, no problem as long as I am still holding it in wallets.
Alternatively, if the price doesn't drop too much, it may use the cut loss feature in order to take other profits from another trading.
In fact, there is no bottom price exactly to know and the highest price exactly know. But we can do wisely whatever the rate we take.
We can never change how the market is behaving. Ups and downs will add color to the market. Whether we like it or not, we can do nothing with this but instead, help ourselves to adopt the way it is. I think it wasn't a big problem as long as we know how to make deal with this volatile nature.

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June 28, 2021, 01:08:32 PM
 #47

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.
If you bought at the price of $28k, then you made a good profit already right now because we're on a green candles but going all in is not a good idea because that's too risky since no one anticipate the market to recover this easily. You can buy some Bitcoin and some altcoins, because having a diversified portfolio is much better. Don't panic, stay focus and see the red market as an opportunity while green is about taking profit.
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June 28, 2021, 03:20:00 PM
 #48

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

You will probably never be able to see a good time because you keep thinking this is not a good time let me wait a bit, only when that price has long gone you then realise that  was a good price to buy, am sure at 28k you probably thought it will go below and not the right time but now that the price has passed you have realise it, better to make up your mind and buy what you can because procrastinating it won't help you either, you will get confuse the more and miss good buy in opportunity.

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suzanne5223
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June 28, 2021, 05:14:42 PM
 #49

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.
If you bought at the price of $28k, then you made a good profit already right now because we're on a green candles
Perhaps you are right but it not all the people that bought during the $28K make make good profit because all depend on the amount invested.


 
but going all in is not a good idea because that's too risky since no one anticipate the market to recover this easily.
It still not too risky and it the trend change unto dip what is needed is changing of decision from short to long-term to minimize the risk.

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June 28, 2021, 06:06:47 PM
 #50

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

Now it is very difficult to say which price for bitcoin is the best for investing. But what you need to buy at the support levels and sell at the resistance level will be the right decision as long as the BTC price is in this range. But you should not go all-in even if you are sure that the price will move in the right direction, because the market is still not predictable.

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June 28, 2021, 06:44:09 PM
 #51

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

Now it is very difficult to say which price for bitcoin is the best for investing. But what you need to buy at the support levels and sell at the resistance level will be the right decision as long as the BTC price is in this range. But you should not go all-in even if you are sure that the price will move in the right direction, because the market is still not predictable.
I myself didn't buy on 28k because I thought it will continue because the bears ended up passing through the major support line I found but it ended up as a bear trap. It is true that going all-in is very risky in this type of market since everything is unpredictable and volatile. Those who watched 28k last drop surely did earn a pretty good profit today but those who sold because of the bear trap regret it for sure.
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June 28, 2021, 07:29:48 PM
 #52

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

You will probably never be able to see a good time because you keep thinking this is not a good time let me wait a bit, only when that price has long gone you then realise that  was a good price to buy, am sure at 28k you probably thought it will go below and not the right time but now that the price has passed you have realise it, better to make up your mind and buy what you can because procrastinating it won't help you either, you will get confuse the more and miss good buy in opportunity.
thats not what you called procrastinating but it was called nervousness if they are doubting if they will buy on that price or not but 28k was really a good offer .
 it was over and price have increased now but i think many people have joined the ride because so many times they have been remind of buying whenever theres a decline .
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June 28, 2021, 07:56:30 PM
 #53

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

To be an investor you have to think like an investor. Those who are planning to make long term investments can buy at any time depending on the condition of the market. It is very difficult to predict exactly where the market will go, so one opportunity is missed and another may come again, there is no need to be so easily emotional. Patience is a big thing when it comes to longterm investments. If you can't withstand the ups and downs of the market, you won't be able to make longterm investments, because you will panic selling your hodl bitcoin at any time.

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Luqman
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June 28, 2021, 11:27:34 PM
 #54

Not going to all in whether the market is good or bad. Because it is too risky and I am not a high-risk taker.
I don't think so, since you are here in crypto, therefore, you are already taking the high-risk and you are contributing to the volatility of the market.

I really know that become a part of it and the crypto market is very risky. But, it doesn't mean to force me to take the high risk by investing all in and also investing in such tokens or coins that may give higher risks like new coins or tokens. That is why in this case, certain strategies must be based on what we can afford, not what the market is right now.
I am aware of what I am doing right now and I am also aware of what I am able to afford to lose. So, I will becomerealistic. Not to force me. And this doesn't mean that I am an afraid person and should not be in the crypto world because I am not a high-risk taker, I am just aware of what I am able to afford.
And I am sure that everybody here also has their own choice and strategy. We can reach our own profits based on our strategy, and also we have our own risks of loss to be able to afford.
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June 28, 2021, 11:34:50 PM
 #55

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

To be an investor you have to think like an investor. Those who are planning to make long term investments can buy at any time depending on the condition of the market. It is very difficult to predict exactly where the market will go, so one opportunity is missed and another may come again, there is no need to be so easily emotional. Patience is a big thing when it comes to longterm investments. If you can't withstand the ups and downs of the market, you won't be able to make longterm investments, because you will panic selling your hodl bitcoin at any time.
You should fix up your mind on that way because if you wont prepare yourself on having this kind of mindset then you arent ready on taking the deal with the possible scenarios or situations that you might faced up in the market.Better make yourself ready so that whenever or whatever situations you might able to face then at least you had already prepared and anticipated so that you wont get shocked but having those newbie reactions are common specially when its our first time but as the time goes by or experience you would gain in the market then you would definitely get used to it.

R


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doomloop
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June 29, 2021, 05:02:53 PM
 #56

Y'all going in now or what?!

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.
Things like this are the reason why you shouldn’t let your emotions control, because this clearly shows that your emotions are about to get over you. Well even at that, just try to be careful not to make any mistake and take it easy and slow.

I have a friend ,during the bull run we had around December of 2017, he didn’t buy Bitcoin because he was scared and thought it was scam as he kept saying that since there is no centralized organization or company that controls/owns Bitcoin and shows themselves, then he can’t believe in it. He kept saying that and price moved from $3000 to $18,000 and that was when it dawned on him that he has missed a really big opportunity, and he then felt it would be a good idea and he invested and the market crashed when it touched $19,000 and he lost money instead of profit. So never let your emotions get over you. Control yourself and buy at the right time.

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June 29, 2021, 09:12:32 PM
 #57

28k was a good price to go in, relative to where it is now. Meaning, you know it was good when you've long passed it and you're looking down at it. But what'ch'y'all think? Still a good time? Tempted to go all in, not gonna lie.

Now it is very difficult to say which price for bitcoin is the best for investing. But what you need to buy at the support levels and sell at the resistance level will be the right decision as long as the BTC price is in this range. But you should not go all-in even if you are sure that the price will move in the right direction, because the market is still not predictable.
I myself didn't buy on 28k because I thought it will continue because the bears ended up passing through the major support line I found but it ended up as a bear trap. It is true that going all-in is very risky in this type of market since everything is unpredictable and volatile. Those who watched 28k last drop surely did earn a pretty good profit today but those who sold because of the bear trap regret it for sure.
I did really missed that opportunity but I haven't sell off my coins and stood strong to hold because I know that recovery would happen next.I was doubtful on taking action on buying on 28-29k on believing that the price could go even more lower but we are all wrong.

Basing up with technicals then it is actually showing off bearish movement but that was actually some trap and same as you said I do feel sorry for those who had panic sell on that time
and lucky for those who had risked out on buying that one.

This proves out that this market is way too unpredictable.Its a matter of risk taking if you do really like to profit.

R


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June 29, 2021, 09:18:39 PM
 #58

@OP did you allowed that temptation to purchase bitcoin when it was $28k? I bet that you did and you're now in profit if you did it.

This proves out that this market is way too unpredictable.Its a matter of risk taking if you do really like to profit.
It's common and usual, that's the main character of bitcoin. Being unpredictable makes it beautiful and when we're in the verge of being down because of such plummets, we're also getting that encouragement that it will recover eventually and that's why when investors see the dip. They should act on it and buy it while it's there.



 

 

 

 

 

 


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June 29, 2021, 11:02:26 PM
 #59

@OP did you allowed that temptation to purchase bitcoin when it was $28k? I bet that you did and you're now in profit if you did it.

This proves out that this market is way too unpredictable.Its a matter of risk taking if you do really like to profit.
It's common and usual, that's the main character of bitcoin. Being unpredictable makes it beautiful and when we're in the verge of being down because of such plummets, we're also getting that encouragement that it will recover eventually and that's why when investors see the dip. They should act on it and buy it while it's there.
And those who stay stronger and keep believing the capabilities of Bitcoin will surely be rewarded in the end. Some just lose their grip when seeing declines and somehow it changes their mind as well.

Crypto trading is not just only of having knowledge and skills but it is a matter of trust and confidence and too sad that many were still don't have it. Well, that's their choice and we can't urge people to stay positive, and they don't have the right to blame the market for their losses because it was their fault in the first place.

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June 30, 2021, 06:50:46 AM
 #60

Don't be tempted to go all in. at least leave 20% of capital for unexpected events. $28k is a good time to enter and now the price has touched $36k. Of course, if you decide to enter at a low price, you will benefit now. Some people always buy incrementally at each deep price. and $28k is deep's current price. all decisions depend on how you do the analysis. the possibility of ups and downs is certain. It's just how you position it, you have to really think about which position you have to enter and exit. Don't be too greedy and panic too much.
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