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Author Topic: time to add your bag  (Read 703 times)
kevinzxz (OP)
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September 20, 2021, 10:40:06 PM
 #1

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.

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September 20, 2021, 10:55:26 PM
 #2

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again,
No need to panic, only people that just got in will panic when they see the price of bitcoin goes down. Buy while it's on that price and we'll never know if the drop will continue or it's going to be the start of the recovery next.

because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.
The previous years got the worse of the corrections and it's literally a huge dump that has happened. And just as a few years ago, it took more than a year for the market to recover and bitcoin to step back to 5 digits.

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September 20, 2021, 10:58:52 PM
 #3

President Bukele and Micheal Saylor added some BTC to their bags, we should too at least just the money we can afford. I'm only adding some altcoins actually but I'm expecting big returns from it. I'm not very sure if it had bottomed but this $43K is a previous resistance that now turned strong support level.

So much negative news today, I'm not sure if it's not going to dip once again, looking for a real uptrend will be appropriate if you want to gain without waiting.

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September 20, 2021, 11:25:14 PM
 #4

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again,
The recovery may happen but it will not so big as before. Bitcoin needs to defend this rate to make it able to bounce back again to possibly 50k rate. People are seeing it if bitcoin can't defend its current price and it would be another disaster that will come soon. This is an opportunity but you must remember that never try to all in on the bearish market to make sure you have another chance to buy when it was reaching another deep price again.

because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.
The correction already happened but if we are seeing it based on the all time chart and it seems like bitcoin will be repeating another bullish pattern again. The time will tell us but a good time to accumulate some tokens and coins from the market. Bitcoin needs to bounce back as soon as possible to confirm if this is just another correction.

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September 20, 2021, 11:28:29 PM
 #5

Never buy on day 1 of a large flush. Especially with this being across all equities globally. Taking small positions now is not a bad idea but I would anticipate we see more selling all the way through Oct at the very least. We need to get through the seasonally weak period between now and November.  If we do not see a rally from Dec-Feb I would be very concerned about the future of Crypto and potentially revisiting another cycle of the bear market which could last for years. I plan to keep the miners spinning throughout but being very careful on how I deploy cash between now and November.
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September 20, 2021, 11:45:43 PM
 #6

Every dip is an opportunity to get big gains but have to have cautious at the same time so don't put all the money at 1 dip try make part and do dca that's the way we can have more gains rather then losing money.
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September 20, 2021, 11:57:59 PM
 #7

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.
Thats not gonna easy for new players to embrace. Probably they are not accustomed to how bad it is when the market is crashing and eventually will sell off their load once they saw their asset falling. Anyway for them to realize that crypto market isnt easy money shoulf reflect on this situation. Buy more when they are heavily sellinh thats the only way you can take advantage of the bargain price. If you bought higher then average it by buying cheaper price.

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Dave1
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September 21, 2021, 12:39:01 AM
 #8

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.

Thanks for the reminder, but there are still investors that are going to sell because of the current dip, they have to learn it the hard way.

Of course with every dip, it's a perfect opportunity to fill your bags again. No need to push the panic button here, historically September is a bad month so this is another golden time for us to panic buy and not to panic sell.

R


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September 21, 2021, 12:56:03 AM
 #9

I think this dip will continue for few more days and if you are looking to buy any altcoins now expect the price to dip a bit more after your purchase. People do panic in such situations and then sell their assets. It is always advised to take a position on different levels and then hold until the market recovers. Invest wisely and always stay calm in such situations.

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September 21, 2021, 02:28:37 AM
 #10

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.

Different people has different strategy, i was speculating the market will going more dip yesterday and planned to sold 30% of my investment and yeah, things happen correctly and now i take a chance to buy with lower price. Still saving tether in case if the price is going more dip than current price.
Sometimes, cutlosses is also needed to minimize loss and maximize profits.
But never going all in at every move because that will caused a big loss sooner or later
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September 21, 2021, 05:08:32 AM
 #11

Every dip is an opportunity to get big gains but have to have cautious at the same time so don't put all the money at 1 dip try make part and do dca that's the way we can have more gains rather then losing money.
This day can be the opportunity to buy many coins as bitcoin drops significantly to $42k.
If this situation does not change in the next week, it could make the price go down below $40k in the next week, but this dip is temporary and a big correction to the market.
There is still a chance for bitcoin to turn the price to the high price in the next month, especially if this dip is over because when the price turns to the high price, it could attract the price have a fast rally to the higher price.
Always analyze before buying any coins, even bitcoin because we do not know if the price will go down or stay at the current price.

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September 21, 2021, 05:24:36 AM
 #12

so don't miss this opportunity or you will regret it when the market starts to recover and increasing again.
This is not the first time the market has trended back, the stretch at 29k last time and the recovery at 52k is always a lesson. It is not a harsh adjustment and completely different from previous years. So don't panic and calmly scrutinize market situations in order to accumulate more in the pocket is my plan.
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September 21, 2021, 05:29:20 AM
 #13

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.
I received the Coinbase notification, thanks for your reminder call too. Though I can understand the concern you have over corrections/dips, in reality, people never actually buy those dips. Callers are more likely not to have purchased. Please don't misunderstand me, but I'd like to know what kind of coin/token you put into your bag?
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September 21, 2021, 05:49:07 AM
 #14

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.
Filling pockets and buying more coins when the price of all coins drops is a good option, but some people may not do it because they don't have a lot of money to add to the new portfolio they want, trading and coin price analysis is necessary to avoid losses.
for example when the current price of BTC is $42k then if tomorrow the price drops to $39k, we have benefited from that panic sell situation, stay calm and make decisions according to your skills is a good choice to add a new portfolio of coins that we want

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September 21, 2021, 06:08:21 AM
 #15

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.
When the price is rising the time is to sell. I would consider it safe for anyone who bought below 40k USD to sell at this price and not panic selling. Of course the range of profit that they can get is lower but it is good for the traders to cycle this money.

Buying should be done when the prices go down again and I dont think that will happen anytime soon.

Every dip is an opportunity to get big gains but have to have cautious at the same time so don't put all the money at 1 dip try make part and do dca that's the way we can have more gains rather then losing money.
Not every dip is going to be worth buying. Suppose you already bought at prices lower than the lowest point of a certain dip - would you buy it again, at that relative higher price? You would not.

Cycling the money is important here. But that does not mean buying at every dip not evaluating the value of the dip.

R


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September 21, 2021, 06:19:23 AM
 #16

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.

I also don't think that there is any reason why we should be in panic. If you are already panicking just because the market goes down 10% then you should definitely stop to invest into crypto, because here price fluctuations of 10% or more per day are quite normal. Also traditional stock markets also went down yesterday because of that evergrande news. If it is already time to fill your bag is a subjective decision that everyone has to make for himself of course.
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September 21, 2021, 06:19:55 AM
 #17

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.
I'm buying ETN and NEAR today. Fortunately most of my funds are in staking and farming on Ref Finance and SpookySwap, so I'm not to worried about price fluctuations because of the massive APY I'm getting in my farms.
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September 21, 2021, 07:09:46 AM
 #18

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.

This is not a new thing to me, for me when the market is in the downtrend, I am mostly buying the coins where the majority of them are in the top listed coin in the market, then hold in the long term just simple as that. And this thing also did by mostly members here in the forum not only me. And besides, 100% it will recover for sure in the end.
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September 21, 2021, 08:09:39 AM
 #19

If you believe the crypto market will rise again after this downtrend, you can use the time to buy more amounts because this is a good chance to fills your bag by buying at a low price. But not many people will use this time to buy more as some people might get in the trap of buying at a high price and not selling when they see the high price before. But many people are waiting for what will happen later besides buying more because if the price starts increasing, they will make a profit, especially if they sell some and keep the other for the next high price.

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the ghabbar
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September 21, 2021, 08:35:07 AM
 #20

today the price of cryptocurrency (including Bitcoin) is correcting again and I suggest you don't panic sell, but now is an opportunity for us to buy cryptocurrency that we want at a low price, so don't miss this opportunity or you will regret it when the market starts to recover and increasing again, because I believe the correction that happened this year will not be as severe as in previous years, so market conditions will definitely recover quickly and will make you get profit in the near future.

Price corrections in cryptocurrencies occur almost every year, we often see conditions like this, if we often pay attention to market conditions, usually people who like to trade are very concerned about corrections that occur for all existing coins without exception, this time it is suitable to make buying rather than selling, so when the correction is complete we can take advantage of it, your analysis is very precise in this condition.
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