Afraid to buy Bitcoin in its bearish state?

[TheGhostMan]

There is no way of knowing what will trigger a Bitcoin bull run, but a Glassnode report on April 18 has spotted “a large amount of coin supply” hovering between $38,000 and $45,000. For traders who believe that BTC will hit $50,000 in July, there is a low-risk options strategy that can be used to launch a long bullish bet.

It is understandable that people tend to follow the most active entities in the world of Trading since having experience in this area people place their trust in them, Bitcoin is a cryptocurrency full of possibilities, that is why it is so volatile that it's up today. and low tomorrow, but many investors usually see the movements of these and could even predict the future of this (not entirely true but they are close). What I mean by this? Basically this cryptocurrency is not going through its best moment since it is even said that it will oscillate between $25k, this is where I highlight my comment “Bitcoin is a cryptocurrency full of possibilities” since for some investors this will be the key point and the moment exact to invest in this and see it as a long-term investment since it will have to rise due to its volatility and good profits will be generated, it is a matter of time for this to happen. Don't you think it's a good way to take advantage of the bearish state of said cryptocurrency?
Information extracted from:https://es.cointelegraph.com/news/afraid-to-buy-the-dip-bitcoin-options-provide-a-safer-way-to-go-long-from-38k

[Fundamentals Of]

Buying is always best done during the most bearish of states and selling during the most bullish of states. Bear season is actually buying season. So instead of being fearful, people should be stoked that they are given an opportunity to buy low, to buy Bitcoin at a discounted price. Others would think it is irresponsible to recommend buying during the red days in the market. But when is the better time? When the price has already recovered?

[tranthidung]

What will trigger Bitcoin bull run?

• When more people get exposed to Bitcoin fundamentals (controlled supply, halving, etc.), there will be more people converted to Bitcoin investors.
• This progress happens with time, gradually but around each halving (usually within one year before each halving), there are more news and educational campaigns about Bitcoin that all combined each other to bring Bitcoin to the mass.

• Check estimated Bitcoin halving countdown
  
  • https://www.bitcoinblockhalf.com/
  • https://coinmarketcap.com/halving/bitcoin/

Don't try to identify bottom or when a bull run starts. Let's accumulate when price is in discount or in bottom range.

[Poker Player]

Don't you think it's a good way to take advantage of the bearish state of said cryptocurrency?

I wouldn't call it bearish, we just (I think) hit the top of the cycle last year (sadly) and now we are in a kind of sideways. People get depressed because we don't do a 20x as if it was the first years, lol.

Buying is always best done during the most bearish of states and selling during the most bullish of states. Bear season is actually buying season.

I completely agree. When the price is low, it is an opportunity to buy cheap. Another option is the DCA: buy the same amount every week or every month and forget about what the market is doing.

[Baofeng]

For those who have been in the bitcoin market, this is no secret. Take for example what happened during the initial news about Covid-19, the price plummeted to $3k, a good buying opportunity and you just have to wait for 2021 bull run.

And we can compare that scenario here, short term, is much riskier though. I would prefer to buy cheap bitcoin in bear market and again, wait for the next stage, bitcoin halving-> eventual bull run in 2024-2025.

[franky1]

I completely agree. When the price is low, it is an opportunity to buy cheap. Another option is the DCA: buy the same amount every week or every month and forget about what the market is doing.

DCA is just the dumb game of smart investors trying to get dumb investors to pump on a specific date every month to cause a predictable speculative pump day

its not good advice to give to people to tell the less savvi trader to just buy at any price but on a specific day each month,. as thats just going to cause the less savvi investors to always be buying on the monthly high

best advice is always: buy low sell high.
price dips are not a bad thing. its a discount period to buy cheap

[Jawhead999]

It is understandable that people tend to follow the most active entities in the world of Trading since having experience in this area people place their trust in them

That's the first wrong step and will ruined everything, you must not ever trust someone if you can't verify anything about their claims. If someone still trust any stranger about his Bitcoin, I believe he didn't even understand what is Bitcoin and just want to ride the trend for money oriented.

Anyone who already experienced at least since 2017, wouldn't afraid of bear market. The 2017-2018 years is a tough lesson for many peoples, if they're bought every dip when the Bitcoin price is $3000-$4000 they're a millionaire right now.

[mk4]

Buying is always best done during the most bearish of states and selling during the most bullish of states. Bear season is actually buying season. So instead of being fearful, people should be stoked that they are given an opportunity to buy low, to buy Bitcoin at a discounted price. Others would think it is irresponsible to recommend buying during the red days in the market. But when is the better time? When the price has already recovered?

Sounds so simple and so great in theory, but good luck getting the typical newbie “investor” to do it successfully; as if we would know what the price floors and price ceilings would be.

For most people — assuming they actually know what they’re investing in, the ever so simple buy and hold is the way to go; while looking for ways to increase cash flow in other places outside crypto.

[riso2015]

Buying is always best done during the most bearish of states and selling during the most bullish of states. Bear season is actually buying season. So instead of being fearful, people should be stoked that they are given an opportunity to buy low, to buy Bitcoin at a discounted price. Others would think it is irresponsible to recommend buying during the red days in the market. But when is the better time? When the price has already recovered?

Personally, I will never be afraid to buy bitcoin when the price drops, because this is an opportunity for me personally to risk my money, because the risk is definitely there, because I think the bigger the risk we accept, the bigger the profit we get, because I always believe there will never be profit if there is no risk.

[tranthidung]

Look into the Fear and Greed index and practice the strategy "Being greed when others are fearful and being fearful when others are greed"

This strategy works for real investors, not speculators, not traders. Don't time the market, don't try to find absolute bottoms, let's apply that strategy and you will harvest good results in long term.

Where to check the Fear and Greed index?

• https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/
• https://alternative.me/crypto/fear-and-greed-index/

]

[South Park]

Buying is always best done during the most bearish of states and selling during the most bullish of states. Bear season is actually buying season. So instead of being fearful, people should be stoked that they are given an opportunity to buy low, to buy Bitcoin at a discounted price. Others would think it is irresponsible to recommend buying during the red days in the market. But when is the better time? When the price has already recovered?

You are correct but we know that newbies do not think like that, they come to the market once bitcoin begins to make headlines all over the world about all the ATHs it has been reaching and that is when they decide to invest, now since the bull markets can be really extreme then they will still see some profits, but then the inevitable happens and a bear market comes, they are not prepared for it and the losses they accumulate become massive, this is why they fear the bear market as they do not see it as the buying opportunity that more experienced traders see.

[worle1bm]

I would say that most of the newbies and those who don't know about bitcoin investment and it's future growth gets panic during the bearish trend and sell instead of buying giving out more profits to whales in the market.The best time for investment is when it's dipping because you can have more at less but on the contrary less people understand this and call themselves traders.

[virasog]

Buying is always best done during the most bearish of states and selling during the most bullish of states. Bear season is actually buying season. So instead of being fearful, people should be stoked that they are given an opportunity to buy low, to buy Bitcoin at a discounted price. Others would think it is irresponsible to recommend buying during the red days in the market. But when is the better time? When the price has already recovered?

The best time to buy bitcoin is when it is cheap during the bear times. I do not understand why people do not want to buy bitcoin when it is cheap. These people buy bitcoin near the all time high when they have the fear of missing out. This is the wrong approach. If anyone wants to accumulate bitcoin, this is another good time to do the dollar cost average.

[avikz]

Not just bitcoin, but any asset is a best buy during its bearish time! back in 2008, when sub prime crisis happened, a lot of people became a millionaire just by investing in the stock market when it was all time low. Same happened with bitcoin back in late 2018 when bitcoin suddenly dipped after seeing a ATH at around 20k USD. So it's the rule of the market. If you are thinking for long term, bearish market is the best time to enter. Same is happening with BNB and ETH so I believe it is a great time to buy them as well if you are thinking of staying invested for a long term.

[xSkylarx]

Buying is always best done during the most bearish of states and selling during the most bullish of states. Bear season is actually buying season. So instead of being fearful, people should be stoked that they are given an opportunity to buy low, to buy Bitcoin at a discounted price. Others would think it is irresponsible to recommend buying during the red days in the market. But when is the better time? When the price has already recovered?

The best time to buy bitcoin is when it is cheap during the bear times. I do not understand why people do not want to buy bitcoin when it is cheap. These people buy bitcoin near the all time high when they have the fear of missing out. This is the wrong approach. If anyone wants to accumulate bitcoin, this is another good time to do the dollar cost average.

Agree to this . The best example with this is sales on the mall that is like 50% off which means a lot of people will buy because its on sale , meaning also of this they are really aware of its price that is why they are really buying it and also others will do buy and sell of this that is how they are really illiterate in buying sales but when it comes to bitcoin it is really opposite that they dont buy when its on red days this means that they really dont know bitcoin is . If i do have  spare money i will really buy bitcoin in small bits

[cryptoaddictchie]

Receiving some btc via signature campaign weekly is like doing dca or purchasing btc on different price. I am holding it as I believe in bitcoin could trigger a new ath and we just need to be patience. If were gonna promote it to other investors then we should make sure how they could benefit from it and also how it works not just like buy it and youll be rich in the future.

[davis196]

It's funny how the Bitcoin price went from 40K to 38K and everyone(in the crypto news websites) is talking about a "bearish market".The Bitcoin price dropped by only two thousand dollars(less than 10%).It's not the end of the world.I would declare a bearish BTC market,if the price drops below 30K USD and stays there for several months.
We should stop comparing the current BTC price with the last ATH price.The last ATH price was just a price bubble that popped pretty fast.
Should we buy BTC options or futures,instead of buying actual Bitcoins?To be honest,I don't care.
Just pick whatever you want.

[Charles-Tim]

Don't you think it's a good way to take advantage of the bearish state of said cryptocurrency?

In my opinion, it is just like asking that 'is it good to eat and drink good food and water'. I am not being mean but just a simple way to know what the answer to your question could be. If the market is full of bears already, the bears are the ones that will turn bulls, some people that have not invested before but waiting for market price of bitcoin to fall will also invest which will trigger the price to increase again. Just that if someone want to invest, better to invest in long term rather than short term which is not promising unlike long term which is more promising of good return.

[lablab03]

Bitcoin is full of possibilities and i agree, but you should now as well and knowledgeable enough how it really works. Coz if you don't know how to determine those possibilities and you are lack of knowledge, of course there's no way you can get an opportunity from it.  And it's a big mistakes to buy in any situation of bitcoin in the market coz for sure you will end up losses always.

So much better to learn first until yiu gained enough knowledge so that you know what to do in any situation.

[Mauser]

What I mean by this? Basically this cryptocurrency is not going through its best moment since it is even said that it will oscillate between $25k, this is where I highlight my comment “Bitcoin is a cryptocurrency full of possibilities” since for some investors this will be the key point and the moment exact to invest in this and see it as a long-term investment since it will have to rise due to its volatility and good profits will be generated, it is a matter of time for this to happen. Don't you think it's a good way to take advantage of the bearish state of said cryptocurrency?

Yes I agree with you, right now seems to be a good way to top up any bitcoin holdings. In my opinion any purchase price below 40,000 USD is a good buy and will lead to go profits later this year. We are already facing a lot of issues this year in the world and still the major countries are not going into depression. As long as the economies, stock markets and crypto markets are holding out we should be fine.  When it comes to asset prices it is all about the expectations of the future. If the world will not fall into Worldwar 3 this year, we should be able to see some new ATH. Waiting for the bitcoin price to drop to 25 or 20,000 USD is not a good idea, the risk of missing out on the next rally is to big.