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Author Topic: Is it too late to buy?  (Read 1369 times)
adzino
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October 15, 2021, 11:07:17 PM
 #141

-snip-
wait for correction. because we know the crypto market is going through a pump and dump. we must be able to adjust market conditions and analysts.
-snip-
Wait for correction? Then keep on waiting. The correction you are looking for will never happen. When the price went up above $20k USD, people waited for it to correct. Fortunately (unfortunately for them), it never went below $20k USD. Most of the people never bought at $20k because they thought the price was too high. They missed their opportunity waiting for the correction. The same thing happened when the price went above $30k and $40k. In fact when the price went as low as $27k after the ATH, there were people waiting for the price to go even lower. It didn't happen and now the price is above $61k once again.
Don't wait for correction. If you can afford to invest and want to hold for long term, then just invest whatever you can.

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October 15, 2021, 11:52:44 PM
 #142

It is not always late to buy coins especially Bitcoin but it all involves risk, either you purchase at dip or high but all depend on what you are there for either trading or investment. The reason why I said so is that when the coin is dumping  thier is not probability that the dumping will not continue and when is also pumping thier is not probability that it will not continue pumping. I think thier is not fixe price for both dumping and pumping. I bought bitcoin  some months back ago at rate of 40usd and later dump to 30usd but bitcoin is at rate of 57usd.now I have make my profit but I am a investor not trader.

Well I think that if you have the vision of an investor, you should think very differently from a trader, for you only everything makes sense when the market increases, if you have an investment in BTC you know very well that this is the right way, there is no other, in Other currencies you can have investment, but they have to be the ones with the highest profitability, right now Solana, Dot, Uni are sounding a lot, they are very hot currencies, and I have seen the technical analysis of all and the truth is promising, of course everything is under risk already what is BTC going down everything falls.

However, your strategy is very good, now, if everything goes well, I think that to capitalize what you need is to have good money and above all time.

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October 17, 2021, 06:25:03 PM
 #143

If you really have more money, it doesn't matter if you enter at this time, there is no need to wait any longer, the opportunity is still high for profit, although it is more dominant for the long term, there is still for the short term too, and trading in particular.
Strengthen your intentions and stay optimistic about what will be done, at least it can encourage your luck.
The problem with many newbies is that they want to enter the market just at the perfect moment, they want to enter just when a crash is ending and get out exactly at the moment the bull market is over and this is simply not realistic to do, we must accept that our timing most likely is never going to be perfect and yet find a way to be profitable under those circumstances, I still think the price we are seeing right now is a great opportunity to invest in bitcoin for the long term, but if others do not see it that way I am fine with that I just do not want to hear from them when they complain about not investing in the market when they had the opportunity.
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October 17, 2021, 10:25:08 PM
 #144

The problem with many newbies is that they want to enter the market just at the perfect moment, they want to enter just when a crash is ending and get out exactly at the moment the bull market is over and this is simply not realistic to do, we must accept that our timing most likely is never going to be perfect and yet find a way to be profitable under those circumstances, I still think the price we are seeing right now is a great opportunity to invest in bitcoin for the long term, but if others do not see it that way I am fine with that I just do not want to hear from them when they complain about not investing in the market when they had the opportunity.
Not exactly the thing that I know with many of them.

Majority of the newbies are scared to buy during the downs and dumps. They're only encouraged to buy when they see it started to move positively.

They're rushing when that time comes and they're regretting that they've bought late but in fact, when the market is just passive they don't buy and see the opportunity within it.

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October 17, 2021, 10:30:38 PM
 #145

If you really have more money, it doesn't matter if you enter at this time, there is no need to wait any longer, the opportunity is still high for profit, although it is more dominant for the long term, there is still for the short term too, and trading in particular.
Strengthen your intentions and stay optimistic about what will be done, at least it can encourage your luck.
The problem with many newbies is that they want to enter the market just at the perfect moment, they want to enter just when a crash is ending and get out exactly at the moment the bull market is over and this is simply not realistic to do, we must accept that our timing most likely is never going to be perfect and yet find a way to be profitable under those circumstances, I still think the price we are seeing right now is a great opportunity to invest in bitcoin for the long term, but if others do not see it that way I am fine with that I just do not want to hear from them when they complain about not investing in the market when they had the opportunity.

It's just common to see newbies doing that way because, in the first place, they are newbies. They don't know yet how to think of the best ways to do it since they are still in the learning process. As long as they progress, expect some adjustments will be made along the way. Experience will teach them to create and form a good strategy that they can use in every trend.

The question is it too late to buy is always the question even for experienced people. It's a question that needs some guts to execute as not all can handle the risks.

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October 17, 2021, 11:01:00 PM
 #146

The problem with many newbies is that they want to enter the market just at the perfect moment, they want to enter just when a crash is ending and get out exactly at the moment the bull market is over and this is simply not realistic to do, we must accept that our timing most likely is never going to be perfect and yet find a way to be profitable under those circumstances, I still think the price we are seeing right now is a great opportunity to invest in bitcoin for the long term, but if others do not see it that way I am fine with that I just do not want to hear from them when they complain about not investing in the market when they had the opportunity.
Not exactly the thing that I know with many of them.

Majority of the newbies are scared to buy during the downs and dumps. They're only encouraged to buy when they see it started to move positively.

They're rushing when that time comes and they're regretting that they've bought late but in fact, when the market is just passive they don't buy and see the opportunity within it.
And the usual thing I see is that they mostly riding on the hypes and don't stay long, they sell them ASAP once they are in profit. Not that really that smart idea but they are in profit, unlike the others. And this is far different from the real investors who will take risks buying during the dip and hold longer (if possible).

Well, I'm not going to wonder why newbies look like this as they are just about to learn from their experience. But these people will not able to survive when the market turns to bearish.
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October 17, 2021, 11:12:52 PM
 #147

The problem with many newbies is that they want to enter the market just at the perfect moment, they want to enter just when a crash is ending and get out exactly at the moment the bull market is over and this is simply not realistic to do, we must accept that our timing most likely is never going to be perfect and yet find a way to be profitable under those circumstances, I still think the price we are seeing right now is a great opportunity to invest in bitcoin for the long term, but if others do not see it that way I am fine with that I just do not want to hear from them when they complain about not investing in the market when they had the opportunity.
Not exactly the thing that I know with many of them.

Majority of the newbies are scared to buy during the downs and dumps. They're only encouraged to buy when they see it started to move positively.

They're rushing when that time comes and they're regretting that they've bought late but in fact, when the market is just passive they don't buy and see the opportunity within it.
And the usual thing I see is that they mostly riding on the hypes and don't stay long, they sell them ASAP once they are in profit. Not that really that smart idea but they are in profit, unlike the others. And this is far different from the real investors who will take risks buying during the dip and hold longer (if possible).

Well, I'm not going to wonder why newbies look like this as they are just about to learn from their experience. But these people will not able to survive when the market turns to bearish.

And that is the very reason why some who lost, will give negative criticisms towards crypto. It is not about the crypto which is at fault but it is the user himself who made a mistake with his decision. Everyone here has their own experience to share and if you stay long, you will gain more insights that can very well help you in this crypto trading journey. For those who got out early, they won't know the true benefits of being in this market, and the only thing that will linger on them is the bad experience they had, which is really the sad part.
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October 18, 2021, 07:01:02 AM
 #148

Most prefers buying cryptocurrency when the market price is low especially a category of persons who are not financially large. But when a good fund is always there no bad time to buy cryptocurrency whether the price comes up or falls. Buying cryptocurrency is a thing of choice , buy when your mind feels to buy.

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October 18, 2021, 07:31:35 AM
 #149

If I had spare fiat, I would have bought Bitcoin anyway. I am expecting the repeat of previous year growth. Even if Bitcoin price did not increase 6 times, I will hold it for perspective. Holding does not require doing anything. You dont have to feed Bitcoin, wash or take a a walk. Just wait and concentrate on everyday life routine. Even if the price goes down, some losses can be covered by subscribing saving campaigns (Binance offer that for example). Or price drop can be used to accumulate the quantity by numerous resales.

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October 18, 2021, 08:25:44 AM
 #150

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.
then that is your lost mate , Now look at the value and look how this can reach in the following days.

That time the price of Bitcoin fell down to below 30,000 and that is the best chance making more than 100% profit today as the price hit 60,000 again.

But it is not too late because it can take 100k this ear or the other years to follow just make sure you can keep holding .

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October 18, 2021, 08:45:53 AM
 #151

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.
then that is your lost mate , Now look at the value and look how this can reach in the following days.

That time the price of Bitcoin fell down to below 30,000 and that is the best chance making more than 100% profit today as the price hit 60,000 again.

But it is not too late because it can take 100k this ear or the other years to follow just make sure you can keep holding .

People who managed to buy Bitcoin when it was below $30k can definitely smile now to see Bitcoin back above $60k. Investing in Bitcoin does
take courage and patience, meaning when the Bitcoin price dumps and most people panic selling Bitcoin, that's actually a good time to buy Bitcoin.
But the problem is that very few people have the courage to buy Bitcoin during a bearish trend, they are afraid that when they buy bitcoin the price
will go down.

For now it's actually not too late if we want to buy Bitcoin, because the price of Bitcoin will continue to rise, but maybe if we buy Bitcoin now,
we really have to be patient and not panic if there is a correction. Like you said there is a possibility for Bitcoin this year to reach the price of $100k,
so buying now can make a big profit too, the most important thing is to be patient holding until the target we want is achieved.

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October 18, 2021, 09:33:36 AM
 #152

In never too late to buy Bitcoin and any other top crypto currency as there is a tendency for huge profit only if keep holding. But once you are desperate to sell your holding you will always regret because those of us have sell our Eth and Bitcoin are currently regretting as at the current price of both the coins and some others. If you have money for crypto currency investment go ahead and be rest assured that you will make profit only if you continue to hold.
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October 18, 2021, 10:24:18 AM
 #153

Questions like this depend on your investment timeframe, and how much risk you're willing to onboard. Without knowing these things it isn't something that can be answered cleanly.
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October 18, 2021, 01:55:52 PM
 #154

Questions like this depend on your investment timeframe, and how much risk you're willing to onboard. Without knowing these things it isn't something that can be answered cleanly.
Buying does not have a season and know need to know that buying of coins happens every single day, Everytime which is the reason why the market keep on going up or down. Buying and selling create market movement so if everybody decide to keep the coin and not sell it then the market will be stagnant.

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October 18, 2021, 02:06:26 PM
 #155

The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.
if you invest for a short time I think it is never too late and whenever is the right time because the price movement in the crypto market is very fast so it is very possible to experience everything in a short time.

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goldkingcoiner
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October 18, 2021, 02:06:41 PM
 #156

Questions like this depend on your investment timeframe, and how much risk you're willing to onboard. Without knowing these things it isn't something that can be answered cleanly.

Instead of looking at the individuals investment timeframes, you should be rather interested in the investment itself. As I see it, once you invest into something, it means you have forfeited your money and no longer should be eyeing the candle chart on a daily basis.

Cashing out is reserved for only when you have profits.

Everything else is just gambling.

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October 18, 2021, 08:40:13 PM
 #157

The problem with many newbies is that they want to enter the market just at the perfect moment, they want to enter just when a crash is ending and get out exactly at the moment the bull market is over and this is simply not realistic to do, we must accept that our timing most likely is never going to be perfect and yet find a way to be profitable under those circumstances, I still think the price we are seeing right now is a great opportunity to invest in bitcoin for the long term, but if others do not see it that way I am fine with that I just do not want to hear from them when they complain about not investing in the market when they had the opportunity.
Not exactly the thing that I know with many of them.

Majority of the newbies are scared to buy during the downs and dumps. They're only encouraged to buy when they see it started to move positively.

They're rushing when that time comes and they're regretting that they've bought late but in fact, when the market is just passive they don't buy and see the opportunity within it.
And the usual thing I see is that they mostly riding on the hypes and don't stay long, they sell them ASAP once they are in profit. Not that really that smart idea but they are in profit, unlike the others. And this is far different from the real investors who will take risks buying during the dip and hold longer (if possible).

Well, I'm not going to wonder why newbies look like this as they are just about to learn from their experience. But these people will not able to survive when the market turns to bearish.
Those traders that are riding the hypes.

They're doing it very well and they know when to get in and when to get out. That's the reality and the phase is quick as it is because they don't want to miss the opportunity.

Thus, they'll lose if they're too slow in reacting.

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October 18, 2021, 08:52:27 PM
 #158

Is right now I bad time to go in? Should I wait for another dip?
What coin do you want to buy? Just look at the graph of its price move, just buy when it is in correction. Don't force yourself to buy when it is still at a top price, it must drop again. I guess we are still at the beginning of the next bullish, so be patient to buy at the right time. Crypto prices won't increase suddenly, correction and dump must follow it. I am also planning to buy more coins, but waiting for the right time to buy again. Some coins that I am targetting are still increasing, I wait for them to decrease.

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October 18, 2021, 09:06:20 PM
 #159

Waw that's painful you couldn't take advantage of the dip but I believe if you are buying and holding a coin you can enter anytime since you are holding for long period of time but if you are planning short term investment you have to make sure you pick a good entry, if you think the coins are up already you can wait for correction then enter.

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October 18, 2021, 10:16:15 PM
 #160

Well is not yet too late to purchase cryptocurrency token of your choice. People always have belive in cryptocurrency and the rate at which crypto tokens are coming up, shows that it's not too late, because every crypto coin will find a way of making their project a better one so there is high hope that investors will invest and also more profit to come.
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