Buying the Deep (Bitcoin).

[geegaw]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

You make good use of the opportunity. When the price of Bitcoin is down, this is an opportunity to buy now. After buying, then saved. This price decline is still considered a natural thing and will not last long. Early next year the price of bitcoin will rise again or break through the ATH level as in a few weeks ago.

Strong rallies can also be prolonged by special factors, so I wouldn't be too surprised when our bitcoin gets extended drops, absolutely no basis for determining the duration of a cycle and trend, as a result of this ambiguous algorithm, the events of the beginning of the year are also not a pre-drawn picture. Many people are applying the form of deep buying at hard support areas, but immediately these areas have shown fragility and lack of solidarity, quite a few members have withdrawn capital and sold early, don't be confident that this is an opportunity when there is so much hidden danger

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[proudhon]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

If you wait a bit longer you'll get to buy bitcoins at 1/6th this price, or better!

[adaseb]

Its crazy how the settlement changes day by day. 2 days ago everybody was bullish and buying at dip >$60K. Then when we broke down, everybody was calling for $30-40K. Now it looks like we bottomed and everybody is calling for $98K before the end of November.

This market runs on crazy crazy emotions its seems. So if you are getting nervous, so is the rest of the market and it'll go up exponentially and the low won't be where you expect it to me. People assumed that the dip made yesterday would hold, however we had a bad candle close, many were expecting a wick but we got a strong bear candle, so it went slightly lower and then started to rally again.

Trapping bulls and bears along the way...

[Ibrahim60]

Buying in deep is a good decision. If anyone wants to make huge profit by investing long time then Bitcoin is the best choice. Bitcoin is now one of the best coin. Bitcoin popularity increasing day by day among all the people. For this reason Bitcoin price is not dump a lot. It just dump some and increase again. Hope in 2022 Bitcoin price will hit $100k. So i think this is high time to buy some Bitcoin.

[beerlover]

It could go down a whole lot more from here and it would be fine, do not get worried just because the price is falling. I get that people could be getting worried about these type of things but in reality we are not really doing that bad.

Remember we were 30k just a few months ago and spent like 3 or even maybe 4 months there and now we are talking about dropping under 60k for the first time in a while. Just focus on the drop being a correction and how there will be recovery and you will feel better. Buy the dip as much as you can, and just stay still. If you get panic and sell your coins just because it is falling then you are going to end up being quite upset when it recovers.

[stomachgrowls]

Its crazy how the settlement changes day by day. 2 days ago everybody was bullish and buying at dip >$60K. Then when we broke down, everybody was calling for $30-40K. Now it looks like we bottomed and everybody is calling for $98K before the end of November.

This market runs on crazy crazy emotions its seems. So if you are getting nervous, so is the rest of the market and it'll go up exponentially and the low won't be where you expect it to me. People assumed that the dip made yesterday would hold, however we had a bad candle close, many were expecting a wick but we got a strong bear candle, so it went slightly lower and then started to rally again.

Trapping bulls and bears along the way...

And that what makes out head aches that much yet we do already finalized out our positions but still ending up on changing it on the end of the day or couple  or a week because movements do changes up everytime without any solid indications and factors known on why its been moving that way thats why im trying to be versatile as much as i can be but still wont really assure out good
outcomes anytime on my analysis.

Good thing is that you do able to handle it out despite of lesser accuracy.What matter most is that you do able to make out some gains despite of those drastic changes on which we
didnt really expect for it to happen.

We do always presume that it might be the lowest possible price basing on technicals but it could be easily be break out without any solid reason.
So its always been a guessing game.

[Lucius]

This market runs on crazy crazy emotions its seems.

You could say that it is so, but you should still know that every month we have a similar situation just at the time when the deadline in which futures expire is approaching. Investors who bet on the price of BTC, and have enough BTC and fiat to manipulate the market, in a way set a price that suits them at a given moment. Needless to say, most small investors have weak hands and always fall into the net set by the same people.

If you look at the CBOE calendar and the dates that are colored, you can see that some things do not happen by chance but there is a very correct pattern.


Source

[gloriamartin]

There are traders and investors who just follow the basic rule that when the price falls, that is the perfect time to buy. Hardly a few traders go to reply and buy crypto after understanding concepts like "Bitcoin Whales". I wish you luck @Wiwo for buying Bitcoin and you will definitely be satisfied with your investment in the coming future.

[Ararbermas]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

just assured that you're buying at the real support level of bitcoin because if not there's a chance for it to go down more until it find the real strong support..just imagine how it breaks those ATH within this year. I hope there's no massive dump after all this correction because you know holders always panicking when they see bitcoin growth rates continue falling.. So i hope it will not happen..

[dimonstration]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

just assured that you're buying at the real support level of bitcoin because if not there's a chance for it to go down more until it find the real strong support..just imagine how it breaks those ATH within this year. I hope there's no massive dump after all this correction because you know holders always panicking when they see bitcoin growth rates continue falling.. So i hope it will not happen..

Buying at supports is one of the efficient way to buy on a dip market but you should accompany it with patterns and indicators that this support will really hold on once sell pressure execute. Traders that put order on that support might cancel it or whales eat it by doing market sell if the trend is very bearish. Take note that breaking support is the start of massive sell-off so buying on that is actually a double edge sword, If the price bounce back after it hits then its a big gain for you but if the opposite happened,  You can suffer incredible loss especially when you didn't set any stop loss.

[Vaculin]

There are traders and investors who just follow the basic rule that when the price falls, that is the perfect time to buy. Hardly a few traders go to reply and buy crypto after understanding concepts like "Bitcoin Whales". I wish you luck @Wiwo for buying Bitcoin and you will definitely be satisfied with your investment in the coming future.

I think until now, that basic rule is still working. But make sure that you are buying those coins who have high potentials to be more valuable in the future. Otherwise, you'll end up wasting your money because those coins never even recover from price drops.

But for OP, congrats on your newly owned bitcoins. It must have been a huge capital to start with, but it will surely pays off when bitcoin recovers and hits another ATH again. Right now, bitcoin continues to drop its price but i know after this, bitcoin will have a higher target of price for its new ATH since price corrections give strong support for its new ATH to achieve.

[Mpamaegbu]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price

How things easily change. The once upon a time, "It's too high" is now a new dip. To think that people will be happy buying at the price they initially thought was overboard now is the same way a lot will be glad to buy above $100k soon. Nevertheless, I hope OP's story is true anyway. We see a lot of these FOMO posts during bull seasons. Even when we all want to stay positive, we should also be true to it.

Bitcoin has proved that it's ever going up, despite attacks from various governments and influential institutions. We hail thee, Bitcoin. You're truly a phoenix.

[Furious 7]

But make sure that you are buying those coins who have high potentials to be more valuable in the future. Otherwise, you'll end up wasting your money because those coins never even recover from price drops.

But for OP, congrats on your newly owned bitcoins. It must have been a huge capital to start with, but it will surely pays off when bitcoin recovers and hits another ATH again. Right now, bitcoin continues to drop its price but i know after this, bitcoin will have a higher target of price for its new ATH since price corrections give strong support for its new ATH to achieve.

Buying bitcoin is a big potential for the future I don't doubt it with a price correction now it will certainly be a recovery later, so don't doubt that bitcoin can reach ATH in the future.

Having more bitcoins is a very good thing, honestly my goal is to keep accumulating bitcoins in my wallet until it becomes more and after that I will wait years to store and then issue it, it's going to be crazy how much it will cost. bigger with greater ATH achievement, it could even be a new record again.

Bitcoin the longer you hold the greater its value later.

[Silberman]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

It is great that you are happy to have bought bitcoin for a good price, however I would recommend to you that you never reveal the amount of bitcoin that you are holding to anyone especially to people you do not know, after all while the majority of the users in the forum are honest people there are also a lot of scammers that want nothing but to get to our coins, so now that you have revealed you have so much bitcoin you could become a target to them.

[Falconer]

It is great that you are happy to have bought bitcoin for a good price, however I would recommend to you that you never reveal the amount of bitcoin that you are holding to anyone especially to people you do not know, after all while the majority of the users in the forum are honest people there are also a lot of scammers that want nothing but to get to our coins, so now that you have revealed you have so much bitcoin you could become a target to them.

One may need better financial privacy by never disclosing ownership of the amount in public. I can confirm that people who own a lot of crypto asset including bitcoin always to be the target of scammers and scam attempt in various ways and maybe this has been thought of by others so they really practice privacy security both online and offline. 4.5 bitcoin is currently equivalent to the cost of living for several years in my country, so of course it's a bad thing to reveal to people as it would only put themselve at risk.

OP, buying bitcoin when it goes dip is the best option for anyone who knows how the price will recover after that. Price correction can open up opportunities for traders to profit after the market recovers and I've seen it that way many times. If we think that the price correction sometimes reaching 10% is a bad start for bitcoin, then it should never have hit $69K some time ago.

[STT]

If you wait a bit longer you'll get to buy bitcoins at 1/6th this price, or better!

For what reason is a giant flush out likely, why not just a simple trading down turn.   BTC has massive gains and we can pullback a ton also but I want to hear the news or prediction of protocol upset that goes with anything dramatic beyond normal.   BTC is very normally trading downwards, if anybody wasnt ready they werent paying attention to what it goes on often.   Beyond the norm, I want reasons to accompany the prediction or its empty baseless over extended opinion.
   My worst case downside is same thing I said months ago, return to the 50 week price which I find more reliable then the 200 day due to how we are split between 5 day and constant trading in markets.

[RealMalatesta]

Buying bitcoin is a big potential for the future I don't doubt it with a price correction now it will certainly be a recovery later, so don't doubt that bitcoin can reach ATH in the future.

Having more bitcoins is a very good thing, honestly my goal is to keep accumulating bitcoins in my wallet until it becomes more and after that I will wait years to store and then issue it, it's going to be crazy how much it will cost. bigger with greater ATH achievement, it could even be a new record again.

Bitcoin the longer you hold the greater its value later.

That is the thing about bitcoin isn't it? I mean it always reaches to a whole new level of ATH in the future and you always know that another ATH is coming around sooner or later. That is what makes me buy whenever there is a dip in the price.

Some people are traders and they want to buy at the bottom and sell at the peak and keep repeating that forever but I really do not care about where it is right now, as long as it is making a profit in the long run that is all I care about. Eventually people will realize that it is always going to profit in the long run as long as you hold it but it takes time for newbies to realize that fact.

[RILWAN]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

Whales are having a fun time this period as the deep get deeper with Bitcoin correcting down to $55k at the moment, it quiet clear that a massive sale is still ongoing and those buyers with big bag are filling it up waiting for the pump to come.

[Sled]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

Since you wish to become a whale, then you have to add some more to finally belong to them (whales). Having 4.5BTC in your control is big enough for normal people, I believe you have the capacity to buy more.

But for me, even if I have a lot of Bitcoins, I'd never tried to become a whale and manipulate that market as it never works this time. For it is no use anymore and instead of planning to have that position, it was good to live like a normal investor.

All I can say is that you need to be careful with your keys, holding huge funds is the primary target of hackers. I hope you will not be their target for now...well, congrats.

[elisabetheva]

So excited to see Bitcoin coming down to $59,000 after waiting for a long period of time to see such opportunity to buy more Bitcoin, I just bought 4.5 Bitcoins at the present price which am feeling happy for at last am among the new Bitcoin whales at the moment.

Whales are having a fun time this period as the deep get deeper with Bitcoin correcting down to $55k at the moment, it quiet clear that a massive sale is still ongoing and those buyers with big bag are filling it up waiting for the pump to come.

a situation that is not expected that bitcoin will correct after ATH $69,044.77 - Nov 10, 2021 and continue to fall to the price of $56K and only once increased to $60K but not for long, back to a fairly long-lasting price at $56K. whether near the end of the month bitcoin will not be able to move or will it go down again? if it does go down, it's clear what you're saying that the Pope is having a lot of fun right now, seeing something that could be very profitable just waiting for the pump to come.