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Author Topic: Need more more to invest on crypto.  (Read 1528 times)
sushil (OP)
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February 15, 2022, 06:40:45 PM
 #1

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
Fundamentals Of
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February 16, 2022, 03:04:42 AM
 #2

Prepare the money first before waiting for the market to go down. Don't wait for the market to go down and then prepare the money. The crypto market is unpredictable. The price could fall anytime. And it could also recover anytime. $35,000 is just recent but look at the price at this moment. It is already going past $44,000. Perhaps $45,000 already by tomorrow. That's a big difference in just a matter of a few weeks.
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February 16, 2022, 04:22:46 AM
 #3

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.

I'm not really sure where you see $35k because the current price is around $43k-$44k.

In any case though, I do hope that you know "buy the f**ing dip" (BTFD). So that is the best opportunity to scoop BTC because they are cheap.

But as you have said, you need to have money first before you execute your plan. So best of luck to you!!!.

 
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February 16, 2022, 04:25:04 AM
 #4

Depending on your situation(unless you're like in high school or something), it's probably best to focus on increasing your cash flow rather than throwing every single dollar you have at bitcoin. Make sure you can afford waiting for years if it's the case that we get a multi-year bear market.

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February 16, 2022, 05:51:18 AM
 #5

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD,
This site is not a place to look at bitcoin price and if what you said is true then it is a good reason no to because bitcoin price has not been below $40k for nearly 2 weeks.
Only use CMC to find what shitcoins are traded where and get prices from the exchanges directly.

Quote
I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
You are about a month too late because price was falling 2 months ago and only for 2 days, then it stayed low for a little more than a week and then started rising back up again and has been rising ever since.

Your title is also wrong, the investment should be in bitcoin not in crypto.

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Chato1977
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February 16, 2022, 09:11:29 AM
 #6

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
so where are you planning to get that money? you talk as if you have some Mining rigs that will bring you money like that lol.

and besides you created this post when Bitcoin already reached 40k and above so what is that 35k price you are talking about?
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February 16, 2022, 11:34:01 AM
 #7

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
Lol, everyone wanted to invest when the price is like in the $30k'ish and just like you, the problem is that majority of us might have a limited budget for now. So another good opportunity that we have missed because the price jumps to $44k right now. Lucky for those who have invested at that price level, maybe some of them have sold out and take the profits already.

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February 16, 2022, 11:40:34 AM
 #8

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
Just try to accumulate as more as you can mate while the price is still in lower position because any moment the trend will change and you may be late in your target amount.
Just do everything you can to collect funds to put in your Bitcoin wallet.
also you must only invest the amount in which extra inyour daily needs and not your budget for certain time.
because the price may grow but also may dumped.

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February 16, 2022, 12:16:19 PM
 #9

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
If you think you need more money, we seem to be going through the same thing. I also need more money to prepare to buy at a lower price, especially if the bitcoin price drops drastically. My advice is to try to buy and sell with the money you currently have while trying to profit from the trade. I'm sure if you keep trying, your profits will increase, which means your money will also grow. We have to take advantage of every situation in the market because that is our way to profit.

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February 16, 2022, 12:30:44 PM
 #10

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
Before thinking of investing into crypto, I think it would be better if you will think of a source of income (at least 2) that will give you some buying power to buy some crypto coins.

We are all hoping to earn money everyday just to have something to use to buy assets or to buy our daily needs. Overall, if you are working right now then at least save a percentage of it and invest it into Bitcoin first. It will be harder for you to invest though if you are still studying unless you are a working student and you have some spare cash to use then better. Buying few weeks ago would be better than buying now but in the long term, I think it can still give you profit since we've seen Bitcoin went down almost 50% from its ATH of near $69,000.

 
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February 16, 2022, 01:29:22 PM
 #11

that price drop was an excellent opportunity to buy, I didn't particularly have the money to buy in that fall, I waited to gather the money to buy and when I already had the money the price went up a lot and made me give up buying, I'm waiting for another opportunity like this one, I know that the chances are few, because whenever the price dropped for this zone, there were a lot of buyers, this shows that there is a great interest of people in buying at that price

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February 16, 2022, 01:30:50 PM
 #12

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
If you're thinking long term I think that's a no brainer thing but if not then better have a fixed price or when you have to sell it. The thing is, if you want more money make sure you can afford to loss it along the way of your investment strategy. Hope that what you earn aren't for the family you may provide or for the sake of you or your family's need, think twice before you hop in.

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February 16, 2022, 03:49:40 PM
 #13

Unfortunately this is the downfall for most people who do not live in rich nations. We do not really make enough to be compared to big nations citizens. Don't get me wrong, I am quiet happy with the type of money I am making to live like I do, I am happy for myself in my situation but when you think about an american making as much as me? That is welfare money for them while I am working 12 hours a day for it.

So, it is not easy to make money for us, we can't keep finding money everywhere, that 50 bucks investment is a lot for us, and not like it is going to turn into millions, if I save 50% of my salary every single month, it is still less than 5k per year. This is why it is difficult to get rich in crypto if you do not live in a big nation and can't find a lot of money.

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February 16, 2022, 04:41:14 PM
 #14

Firstly I would recommend you to have the money as it will not take bitcoin to drop down to $35k or even further and to bounce back. It's never a wise decision to wait for the right moment (I mean dump) without any capital, hence save some funds and never invest an amount in crypto without which you cannot sustain in your life as there are chances that either you will get good profit in first day or week itself or else it might take months or even years to recover the capital you have invested. It's better to save seperately for this purpose and then you may invest into bitcoin and it doesn't necessarily has to be below $35k as you are considering this figur based on current market price which is almost 25-30% less than curent market price and the same could be a much higher figure or lesser by the time you arrange the amount and then wait for the right moment instead of blindly buying at peak like some users does.

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batang_bitcoin
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February 16, 2022, 04:46:53 PM
 #15

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin.
I think you're looking at the past price of it. The price now is $43k and mind that it has reached $44k but didn't stopped there for long.

Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
Together with your hope, you need to take action so that you'll be able to have that capital you're wanting to buy bitcoin at the price that you want. I know that you can do it.

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February 16, 2022, 06:56:21 PM
 #16

On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
When it comes on having funds then it is up to someone capacity or capability in doing so and in the fact that each one of us does have different level of financial status then its neither you are prepared or not in the

times on which bitcoins price do go down.Some had already some spared money for that investment and some would just simply miss out because they couldnt able to do so neither they dont have funds to put on

or just basically wasnt aware on whats happening in the market but in most case, people doesnt really have enough money to put on.

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February 16, 2022, 08:02:07 PM
 #17

The price of bitcoin has now risen to 44k, but it is still a good time to buy. I always advise everyone who wants to invest in bitcoin to buy an additional amount at each drop of bitcoin, in the end you will get an excellent average price of bitcoin and then you can wait for a new ATH of bitcoin and enjoy your great profits as a result This is a good strategy, this strategy is valid for Bitcoin only because I do not trust that the rest of the coins can go up permanently, we saw a lot of coins how their prices fell and did not go back up again.


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February 16, 2022, 09:52:24 PM
 #18

Unfortunately this is the downfall for most people who do not live in rich nations. We do not really make enough to be compared to big nations citizens. Don't get me wrong, I am quiet happy with the type of money I am making to live like I do, I am happy for myself in my situation but when you think about an american making as much as me? That is welfare money for them while I am working 12 hours a day for it.

Surely this is good for people who can provide services in BTC.   Compared to asking dollars they may be able to ask higher prices then otherwise as they are enabling the economy of Bitcoin and various holders now have a higher utility to just their plain holding.   The seller gains revenue and the ability to retain some tiny portion of Bitcoin towards the longer term gains just as the original buyer of their product was.
  This is why I think the flow of BTC is vital to its good health and underlying strength even when tested in a speculative sell off, some will find a use still and demand is there.

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doomloop
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February 17, 2022, 09:38:31 AM
 #19

that price drop was an excellent opportunity to buy, I didn't particularly have the money to buy in that fall, I waited to gather the money to buy and when I already had the money the price went up a lot and made me give up buying, I'm waiting for another opportunity like this one, I know that the chances are few, because whenever the price dropped for this zone, there were a lot of buyers, this shows that there is a great interest of people in buying at that price
Not really excellent because i think there are much better drops than this one. If you can saw last time the price was nearly going under 20k and that took for some time to recover. I wonder why it took you so long to earn money to miss that dip? are you working on a company and how long they pay you?

I think most company pay twice a month and you do not need to hold that money just because you think it was still small to invest but any amount would already do since that small amount can still grow huge as soon as btc starts pumping again. It is only hard to buy if your pressured to buy in a short duration of time and most especially if you do not have a money yet.

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March 05, 2022, 11:41:25 PM
 #20


-snip-
you do not need to hold that money just because you think it was still small to invest but any amount would already do since that small amount can still grow huge as soon as btc starts pumping again. It is only hard to buy if your pressured to buy in a short duration of time and most especially if you do not have a money yet.
That's right, Bitcoin investment is a flexible investment. No matter how much money we have, we can invest in Bitcoin.
And I totally agree with your opinion, first determine the belief. Because Bitcoin investment does take time, it's the same as investing anywhere.

If indeed the OP hopes for a quick or short term investment in Bitcoin then trading is the solution, but if what is meant is investment for long term then it does take time to get big profits, and by accumulating when the Bitcoin price drops is the best way to invest in Bitcoin.
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