People are panic buying right now!

[janggernaut]

Around 30-35k was the best price available to accumulate the btc and people had ample opportunities during that phase. But those who were skeptical are now buying at 50k price range. But for those who continued to hold or bought at that time are now enjoying their portfolio grow and will continue to grow in coming time as well. Those who are buying now, continue to do in phases rather than buying all at once.

Almost all people were afraid to buy bitcoin around that price. Many speculators also said btc will go down to $20k or even $15k but it didn't happen. Now around $50k, people are likely start to buy again which if it drop, you will buy on the peak. That's why always do DCA to buy any coin which you can think profitable

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[irsada]

there is nothing wrong with buying at this time but if the reason for buying is because they see prices continue to increase and they buy with the hope that the positive trend will continue I think it will cause a lot of problems when reality does not match the wishes so the possibility of panic will lose assets to cause losses will occur because the bitcoin price market situation continues to experience very fast movements, both high and low price movements.

If the person is able to cope with the emotions and understand how this market works there is nothing to worry about. The problem is that most investing people don't understand what they're doing.

[Furious 7]

Around 30-35k was the best price available to accumulate the btc and people had ample opportunities during that phase. But those who were skeptical are now buying at 50k price range. But for those who continued to hold or bought at that time are now enjoying their portfolio grow and will continue to grow in coming time as well. Those who are buying now, continue to do in phases rather than buying all at once.

Almost all people were afraid to buy bitcoin around that price. Many speculators also said btc will go down to $20k or even $15k but it didn't happen. Now around $50k, people are likely start to buy again which if it drop, you will buy on the peak. That's why always do DCA to buy any coin which you can think profitable

That is, during the phase of the lowest price, we only think about speculation about bad things so we are not brave enough to buy at the price of around $35k even though if we don't look at other news it won't happen but we think about fear because if there is a decline below $20k, after reaching $50k more people are now more confident buying even more now believing in speculation bitcoin could redeem 100k by the end of the year.
So it's true that DCA is very important and don't believe in something that isn't necessarily true.
But we have to be sure about bitcoin as a whole.

[rahmatrf331]

I've seen a lot of people like what you said, there are a lot of people who buy when the price goes up and sell when the price goes down, actually not a bad thing for all of us because we always need someone who will sell.
The main logic is always "buy low, sell high" and anyone who doesn't do that is a loser. i don't sell high either, i have to do that, i know but i don't like selling my crypto, i usually hold it, but at least i don't sell low either.

[carlisle1]

I've seen a lot of people like what you said, there are a lot of people who buy when the price goes up and sell when the price goes down, actually not a bad thing for all of us because we always need someone who will sell.
The main logic is always "buy low, sell high" and anyone who doesn't do that is a loser. i don't sell high either, i have to do that, i know but i don't like selling my crypto, i usually hold it, but at least i don't sell low either.

Anyone who failed to meet the right timing will lose their opportunities to earn from this type of business,

So easy to say that buying low and selling high is the best practice but the vast majorities are doing the opposite, instead of buying low selling high
they are buying at the peak thinking that the hypes will continue then sell it when dump is ongoing.

Bringing a huge amount of losses and forgetting the logic of this investment, before taking your ride make sure that you are
willing to risk your nerve volatile nature of this market would kill all your invested money.

[ShowOff]

Almost all people were afraid to buy bitcoin around that price. Many speculators also said btc will go down to $20k or even $15k but it didn't happen.

This is of course very natural for those who do not believe in the potential of bitcoin and also do not have sufficient experience in this field. Don't blame them because I'm sure they just don't want to lose the money they've worked so hard to accumulate in trading because they don't dare to take the risk. Forcing the urge to buy when bitcoin crash will only keep them from sleeping. So I don't think it's a mistake, but they just don't dare to take the risk it might take.

Now around $50k, people are likely start to buy again which if it drop, you will buy on the peak. That's why always do DCA to buy any coin which you can think profitable.

Bitcoin can be bought at any price if the buyer wants to hold it long term. $50K may be a high price to buy at the moment, but we know traders can still profit simply because of price volatility. Bitcoin profitable for traders in the short and long term, but they must have a good analysis before placing an order.

[South Park]

Now around $50k, people are likely start to buy again which if it drop, you will buy on the peak. That's why always do DCA to buy any coin which you can think profitable.

Bitcoin can be bought at any price if the buyer wants to hold it long term. $50K may be a high price to buy at the moment, but we know traders can still profit simply because of price volatility. Bitcoin profitable for traders in the short and long term, but they must have a good analysis before placing an order.

You are not wrong however the people that are buying right now and that do not know what they are doing are doing this because they expect short term profits, they had months to buy for a price below 40k and yet they did not took advantage of this, but why is this the case? Because they were expecting an even bigger drop which never materialized, and even if it did it is fair to wonder if they would actually buy bitcoin or they will be too scared and will miss on the opportunity to do so.

[Mkmanik]

Around 30-35k was the best price available to accumulate the btc and people had ample opportunities during that phase.

I strongly believe that there will be another chance to buy bitcoin at this range. Maybe not 35k but the $40k level is very welcome. A healthy correction is needed for the upward movements. Also when Bitcoin will be a dump, It will be a good chance to buy some Altcoin at a cheap rate. altcoins follow Bitcoins, So whenever Bitcoin will dump altcoin also will dump.

Panic buy or sell is not good at all. In this way, traders/investors lost their money most of the time. Without a good Entry, exit, and stop-loss it's not a trade. It's like gambling to me. Every time I buy or sell, I use my own Technical analysis for that. Its works nicely, Trust me.

[Rasa nanas]

Around 30-35k was the best price available to accumulate the btc and people had ample opportunities during that phase. But those who were skeptical are now buying at 50k price range. But for those who continued to hold or bought at that time are now enjoying their portfolio grow and will continue to grow in coming time as well. Those who are buying now, continue to do in phases rather than buying all at once.

Almost all people were afraid to buy bitcoin around that price. Many speculators also said btc will go down to $20k or even $15k but it didn't happen. Now around $50k, people are likely start to buy again which if it drop, you will buy on the peak. That's why always do DCA to buy any coin which you can think profitable

most people think like that because at that time there was a bear market going on. many people think if the bear market that occurred in 2018-2020 will happen again at that time. but the reality is not like that, bitcoin only lost 50% of its high price and after that bitcoin price went up again.

[Shohanur]

We can buy anytime and I believe in the power of bitcoin. It is a great investment in all time but we have to choose some special time also to get higher level of profit. At the time of panic sell, we need to buy more crypto.

[janggernaut]

We can buy anytime and I believe in the power of bitcoin. It is a great investment in all time but we have to choose some special time also to get higher level of profit. At the time of panic sell, we need to buy more crypto.

Buy more crypto, but 95% on market are only shitcoin. Investing in bitcoin is the best investment ever, you can read how Michael Saylor described investing in BTC is the best investment ever since the ROI in BTC is far higher than GOLD. Buy and HODL is the best way

[freedomgo]

We can buy anytime and I believe in the power of bitcoin. It is a great investment in all time but we have to choose some special time also to get higher level of profit. At the time of panic sell, we need to buy more crypto.

Buy more crypto, but 95% on market are only shitcoin. Investing in bitcoin is the best investment ever, you can read how Michael Saylor described investing in BTC is the best investment ever since the ROI in BTC is far higher than GOLD. Buy and HODL is the best way

Buying and holding is a good strategy if you are not greedy enough to wait for a huge price. Those who are saying that they made a high ROI on bitcoin are those people who invested early, for the price of bitcoin now, a 1000% increase is unlikely in a short period of time, but for altcoins, a 10,000% increase is possible in the bull run.

[MarjorieZimmermanGinger]

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

Right now is not the right time to make purchases of bitcoin, usually in conditions like this people take advantage of selling some of the existing bitcoins, bitcoin conditions continue to improve, so selling conditions are more stable even for the current bitcoin selling price is quite promising, don't panic with declining conditions the price that occurs in bitcoin, because bitcoin will actually recover and return to normal at a certain time, there is no need to worry too much about the correction that occurs in bitcoin.

[Furious 7]

We can buy anytime and I believe in the power of bitcoin. It is a great investment in all time but we have to choose some special time also to get higher level of profit. At the time of panic sell, we need to buy more crypto.

Buy more crypto, but 95% on market are only shitcoin. Investing in bitcoin is the best investment ever, you can read how Michael Saylor described investing in BTC is the best investment ever since the ROI in BTC is far higher than GOLD. Buy and HODL is the best way

Buying and holding is a good strategy if you are not greedy enough to wait for a huge price. Those who are saying that they made a high ROI on bitcoin are those people who invested early, for the price of bitcoin now, a 1000% increase is unlikely in a short period of time, but for altcoins, a 10,000% increase is possible in the bull run.

You don't need to be early now, you can still invest as long as it's in bitcoin because this is the best investment with holders in the long term with the ROI that you will get, of course, it won't be as big as the initial investment.
In actual altcoins I am still a little doubtful even though this could be a double ROI but still the decline will be more severe and difficult to recover.
So the only way is in bitcoin which is widely recommended, especially in some books that suggest it.

[Ararbermas]

Not that much in my opinion because there's no big candles that can really tell there's a massive buyers behind since bitcoin gradually increasing . But yep bitcoin has a very stable support to increase. and it's very obvious tho, i mean despite of some fluctuation it can cope to increase back and make a consecutive higher highs after  higher lows. which is instead of making correction it always continue climbing, so these a big sign that bitcoin will surge more.. Perhaps people will start panicking once they see it will tends to reach 60k. Lol

[bakasabo]

Currently the market position is really appreciable . Bitcoin price reach more than $50,000. Everyone knows that the bull market is going to start soon.

What makes you believe that bull market is about to start? Bitcoin price has been above $50k for several days and a lot of people already predict a lingering growth. Exactly one month ago there similar situation. Bitcoin gained $3-5k in few days and hit <$50k, followed by a two huge dumps. Why dont you think this scenario will be repeated tomorrow ? Isnt it to early to start a panic buy? I would wait for Bitcoin to gain a foothold on $50,000+ level first. I think there is no use to rush to buy right now. If I really wanted to earn, I should have risked and bought when the price was close to $40k.

[DU18]

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

I think very lucky their who panicked when buying bitcoins at $43K or those who bought at lower prices, by buying bitcoins at $43K alone they have made around $11K profit now, especially for those who bought at lower prices of course right now they are laughing and enjoying the money profiting from their courage to take the risk to invest in bitcoin at that time .

[Semar Mesem]

I don't think it's panic but immediately get a cheap price because the price of bitcoin in 2 hours has gone up about 7%, I still remember when I wanted to trade with ethereum the price of bitcoin was around $50800 but after 2 hours now the bitcoin price was $54k, and this is a good signal to keep buying even though some say it's panic buying.

[Oilacris]

I don't think it's panic but immediately get a cheap price because the price of bitcoin in 2 hours has gone up about 7%, I still remember when I wanted to trade with ethereum the price of bitcoin was around $50800 but after 2 hours now the bitcoin price was $54k, and this is a good signal to keep buying even though some say it's panic buying.

Panic selling doesnt really only happen on the time when the market is going down but also into the time on where they  do seeing that theres some good rally which people do really see some FOMO.

As it suggest that people does really have the feeling that they shouldnt really miss out the train of possible bullish run but actually its better that they had done this action when it was still cheap

and not on the times that it is already going up.Well, this is a common behavior because everyone do really make actions according on their experience.

[sunsilk]

I don't think it's panic but immediately get a cheap price because the price of bitcoin in 2 hours has gone up about 7%, I still remember when I wanted to trade with ethereum the price of bitcoin was around $50800 but after 2 hours now the bitcoin price was $54k,

There really are panic buyers. They only buy when there's an action for bitcoin and they don't buy if they see the price of bitcoin doesn't move a lot and that's why they don't have concrete plans and they're missing the dips because of that attitude towards the market.

and this is a good signal to keep buying even though some say it's panic buying.

It depends if you think that the price is still quite low and you have a high price in the future with your projection then it's always a good time to buy. Like if you're targeting $100k.