worle1bm
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June 24, 2021, 11:42:27 AM |
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I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.
The fact that I can’t buy this dip just makes me extremely uncomfortable.
It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.
I guess this is the part where I wait.
If you are holding even 0.1 Bitcoin then you already are in the list of few holding btc as investment in portfolio so you don't need to worry about it if you are long term holder.Buying at each dip is not possible if you have already invested your extra savings in bitcoin and now you would compromise your routine funding for investing which is not a good sign also.So being optimistic and btc enthusiast is good but don't ever go beyond your limits.When bulls hit the chart you would earn enough on your investments that might not make you nervous or irritated anymore.
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Dread Pirate Roberts
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June 24, 2021, 01:27:40 PM |
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I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago. The fact that I can’t buy this dip just makes me extremely uncomfortable.
I think that's reasonable because you will definitely have the assumption that your buying point is the best. If I have left this habit, now I feel more comfortable if the price really drops deeper and I just waiting to start buy it. if it's only a few % difference, I'd better wait. than only risking my asset for small percentage.
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randegibran
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June 24, 2021, 02:51:10 PM |
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if indeed we.intendto invest, maybe this is a good time to make the process.of buying bitcoin, because the price is relatively.low and we can buy cheap prices.it can help us get a relatively.high profit if one day the price the price goes up, but if the price does n'tgoup.wecassuspend the sale for a while.even though in an indefiniteperiod.this is something we need to get right
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amihada
Full Member
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Activity: 1176
Merit: 100
Next Generation Web3 Casino
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June 24, 2021, 03:05:31 PM |
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actually this is a very good opportunity to buy bitcoin because the price of bitcoin is going down, bitcoin in the future has the potential to go up in price so buying bitcoin now is an opportunity to profit in the future as we know bitcoin is very good for storing in the long term. my experience in 2018 buying bitcoins i held for 2 years and i got great profit. I want to repeat those times so I think now is a good opportunity to repeat the times like in 2018.
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sapnu
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June 24, 2021, 03:09:35 PM |
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I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.
The fact that I can’t buy this dip just makes me extremely uncomfortable.
It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.
I guess this is the part where I wait.
There's nothing wrong with what you're feeling. For sure many other people are feeling the same way that you do. You just need to learn how to manage your buying well and avoid being too compulsive whenever you see the price drops. You can just simply wait for the lowest price it may go and buy as much as you can when that time comes. Now, if you still do not see it as an effective plan, you can still continue what you are doing but always be reminded of the risks you may face as you do so. Holding was never an easy job for us investors but most success comes from those who manages to hold for a long time.
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Lordhermes
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June 24, 2021, 03:16:20 PM |
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I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.
Since you have bought some of it, then you don't have to feel uncomfortable because you ran out of money now. I understand that when Bitcoin price falls, is always an opportunity to buy more of it. All you have to do now is to be patience, I mean holding your Bitcoin until it eventually hit a higher price.
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Distinctin
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June 24, 2021, 03:28:42 PM |
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I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.
The fact that I can’t buy this dip just makes me extremely uncomfortable.
It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.
I guess this is the part where I wait.
I think you need not worry if you miss this chance, you still have Bitcoin on you, and sooner or later, Bitcoin rises back to $60k, you will be making a profit anyway. It is just sometimes we miss some opportunities because of some reason and I don't think it is a need to blame ourselves for this. Remember that, we can't predict the market, if only you will know that Bitcoin will drop at $28k, it certainly you are preparing money for that. Unfortunately, you never know and things that we need to accept otherwise, it becomes a headache.
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Ucy
Sr. Member
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Activity: 2688
Merit: 403
Compare rates on different exchanges & swap.
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June 24, 2021, 03:35:20 PM |
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I think it's better to only buy when there's significant dip, so you can be busy with other important things in your life and don't get too attached to the price . And i would suggest you buy with what you can afford to risk and not to sell unnecessarily ,so we can have lots of regular people scooping up the dips from gamblers and impatient people. You earn in whatever direction the market goes if you know what you're doing.
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Ebede
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Join hands and help me to grow everybody...
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June 24, 2021, 03:38:35 PM |
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Do not be desperate, over inquisitive to buy bitcoin when you dont have the knowledge, because knowledge is the primary subject someone have to acquire before any other thing, I'm not trying to demoralized your ambitions towards bitcoin but you have to plan or reschedule your ways through finance before buying, it's encouraging for someone to buy bitcoin because it's investment but it requires time.
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Alanaz
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June 24, 2021, 05:34:23 PM |
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I think you are a tenacious person and now is the time to be patient. you just have to wait for the results of what you have planted so far and I am sure you will get something very valuable if you patiently wait until everything is as usual. I really respect you and I hope one day if I have excess capital I will be like
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terrorJR
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June 24, 2021, 06:12:17 PM |
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not everyone can do what you do during the bullrun. at least you can afford to buy Bitcoin at any price. and you still complain about it? what makes you dissatisfied? being able to buy bitcoins of any amount already leaves you with a guarantee for the future. think about it, and we have different purchase receipts just to guarantee the same i.e. future financial interest.
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ILuckyGuyI
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June 24, 2021, 06:21:57 PM |
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It's an interesting strategy I should admit. I don't know it's really efficient but it's your choice in the end. When it comes to the current situation of the market, things are going on really interestingly. BTC price declined to even 28k but it didn't take long for it to go up to 35k again. Maybe you'd wanna wait for some time before buying again as you said.
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Philipruch
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June 24, 2021, 06:27:04 PM Merited by Symmetrick (1) |
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Bitcoin is global and not also regulated by any government just like others currencies which falls and rise , Bitcoin is not also left out. however you must understand a trade you would want to venture into to be able to bear any action that could come out of it and as don't put all your assets in one trade so that you don't fall into trouble when the trade goes against you since it is what you don't have full control over
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The Cryptovator
Legendary
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Activity: 2394
Merit: 2226
Signature space for rent
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June 24, 2021, 06:29:09 PM |
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Just be cool men! You are doing the right thing, nothing wrong, or nothing to worry about as well. Sometimes we think we can buy it on the dip and we wait for it. But to be honest, if you wait for a lower dip then you can't buy Bitcoin. When Bitcoin starts dump then you may think oh it would go more down. That's how many times I missed buying Bitcoin. So I won't say you are wrong, many institutional investors have been buying Bitcoin in every dip. Do you think they are a fool? I don't think so at all. Since you already bought and there are no new sounds on your hand, means it's time to test your patience. Just don't be panic, your waiting time start now. If you are a good trader, you might take advantage of the volatility, otherwise, just hold.
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Signature Space for Rent
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bekti3
Member
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Activity: 1078
Merit: 15
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June 24, 2021, 06:40:01 PM |
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its time for you to relax and wait until everything is beautiful my friend, don't worry too much about it because everything will be fine. there is nothing more you need to do just wait and see because a few months / years later what you plant now will bear sweet fruit with a note that you have to be strong to hold your assets, don't be tempted by small increases but you also have to give limits or What is your investment goal, how long do you want to be, don't let yourself be too complacent
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imstillthebest
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June 24, 2021, 07:14:19 PM |
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It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.
you should feel happy if it fluctuates because you will feel more uncomfortable if the price will only decrease because you don't have a funds prepared for buying . Fluctuations helps delay the dip and help you accumulate money . reserving 1k for a 5k fall seem a lot because I think that 5k fall is not that big enough . this make your reserve fund run out faster
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carlfebz2
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June 24, 2021, 07:28:20 PM |
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I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.
The fact that I can’t buy this dip just makes me extremely uncomfortable.
It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.
I guess this is the part where I wait.
You would have any choice but to wait since you dont have any funds left for you to buy this dip but actually the thing you had done on buying -5k increment is something that majority cant do which means you had done some great job on doing while its still cheap but since there's no such thing about unlimited fund then you would really be finding yourself to have a hard time when you had used up all of your funds. The waiting game had just started so theres no thing you cant do about it and i feel you man on the times where you do like to buy but you dont have funds to spare.
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isaac_clarke22
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June 24, 2021, 07:34:33 PM |
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Get used to fluctuations, OP. Weren't you paying attention when dips happen and suddenly one miracle day it just surged upwards again? Get used to it because it is gonna happen a lot when you're into long-term hodling or if you are not really into that, just don't look at the price and now that you mention that you ran out of funds. Take a chill pill out of crypto.
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Issa56
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June 24, 2021, 09:54:04 PM |
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Seriously it have not been funny for me seeing must coins including bitcoin being dump and I don't really have more cash to buy the dip have invested all my money in different coins since so I don't have more cash to buy the coins that are already dip but I believe if you are having money currently I believe this is the best time to buy the dip because must coins are already down now. And if you bought a coin already and they are already dip I believe you should not panic and sell just hold and I believe very soon the market will bounce back.
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Kasabus
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June 24, 2021, 10:16:29 PM |
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Seriously it have not been funny for me seeing must coins including bitcoin being dump and I don't really have more cash to buy the dip have invested all my money in different coins since so I don't have more cash to buy the coins that are already dip but I believe if you are having money currently I beliad eve this is the best time to buy the dip because must coins are already down now. And if you bought a coin already and they are already dip I believe you should not panic and sell just hold and I believe very soon the market will bounce back.
Lucky are those who got to invest in bitcoin when the price is in dip but this is not only the best time to buy bitcoin, there are still a lot of bearish season to come along the way. So don't feel so bad if you can't make it today because when there are prices dumping, great opportunities also come. I'm sure there are still more dips to come in the next days or months and probably, by that time you can already prepare your funds to buy cheap coins with great potentials.
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