Afraid to buy Bitcoin in its bearish state?

[electronicash]

well if you are unsure if the price is going to go down still, you better not buy yet. it's however difficult to see the bottom of the price. today you can see the price had bottomed on a shorter time frame in the chart but zooming out to the monthly chart it hasn't even started yet.

if you are planning to buy, you might just have to wait and let the big investors do what they need to. maybe they will also dump pulling the price back to $29,000 again. we have no clue yet but watching popular predictions of popular traders, they were saying bears are going to sell.

[Dunamisx]

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, 

Someone like me does not get freak by name, brand or fame because i got to realize sometimes they got nothing new to offer but rather they try to make a media stir all because of the reputation on past records, I can only reason along with their prediction if personally convinced base on my own research as well, the fact remains that no accuracy in their predictions, everyone just propot a guess to a likely future base on possibilities and not certainty.

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

Taking the advantage of bitcoin for an investment at the bearish season will be of great benefit to bitcoiners and this is the best time to may a buy, so that one can sell high when the price pushes up, one have to understand as well that volatility is not one sided on bearish or bullish trend, but this is what happens continuous in bitcoin and that's why a target for buy and sell must be set through price speculation.

[bitzizzix]

Any investment when it is bearish is a good time to buy, so why be afraid, because this is a characteristic of all investments, buy low sell high.
especially bitcoin when the price is bearish is a very good time to buy it and if it continues to fall you buy back and stay that way for the purpose of growing ownership and if you do it for the long term don't be afraid, because after experiencing a decline even for a long time, and finally the price will rise again, even exceeding the previous high.
but all that does require a lot of strong patience but if you aim for long term it is the best choice to make maximum profit.

[Cryptmuster]

Any investment when it is bearish is a good time to buy, so why be afraid, because this is a characteristic of all investments, buy low sell high.
especially bitcoin when the price is bearish is a very good time to buy it and if it continues to fall you buy back and stay that way for the purpose of growing ownership and if you do it for the long term don't be afraid, because after experiencing a decline even for a long time, and finally the price will rise again, even exceeding the previous high.
but all that does require a lot of strong patience but if you aim for long term it is the best choice to make maximum profit.

A bear market is always the best time to invest, but the fact is that it is always the most difficult time to buy, because there is a fear that the price will not rise again. I've been investing in bitcoin for a while and don't worry about what the market is now, the only time I stopped buying was when the price was above 50k, then I just waited for what would happen next. Now is a good time to buy in equal parts, every month, I do not rule out that now bitcoin may fall even lower. If that happens, I will still buy.

[Ryu_Ar1]

When you say bullish or bearish for bitcoin there are actually other things there like buying and selling.
Instead of being afraid to buy in Bearish I'm on the contrary, I always make those purchases at times like that even when bitcoin is correcting deep enough I'm always there ready to buy.
This is quite reasonable considering this is the most basic way to invest because in the mirror from the current economic system, namely buying when it is cheap and selling when the price is high, of course this is something that makessense.

[killerfrost]

As the title says, I have never been afraid to consider it as an accumulation asset for the future. Indeed, I have also bought BTC at a higher price than it is today but I must admit that I also bought it at a low price as of 2020. While my investment in the market isn't perfect for many people, I've always been happy and grateful for everything I've received, over time and in the future. In the future, I still have a mindset that holds more BTC with spare money.

[Bushdark]

The technique of many more profit is to buy low and sell high. Now that the bitcoin market is falling including the whole crypto coins, this is the best best time to buy Bitcoin and any of the altcoins we are interested to buy. Some Investors are thinking whether the market will fall more but that should not be a problem. If the market falls more, buy more.

We should not be afraid to buy more coins at this stage that the market is, contineous buying should be our focus than waiting for the market to fall more before we buy. Their is great virtue holding more quantity of Bitcoin than being afraid to buy.

[glendall]

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.

I agree with your opinion . because
people who enter when prices start high and even higher they are people who think bitcoin will be able to provide higher profits than what they bought by looking at the profits obtained from people who buy bitcoin when the lowest price is even very low, but if we speculate and dare take the risk by determining at what price we enter and determine what % we will get a profit. whenever we can enter in bitcoin trading itself is not it and if we are too greedy in taking profits we will definitely lose

[sklopan]

I think that this decision rather depends on the person who will work. I have verified this more than once. You shouldn't be afraid.

[ven7net]

For me personally, Bitcoin has always been the best cryptocurrency on the market, as it has always provided an opportunity to earn money for all those who invested in it. As for the situation now, those who believe in BTC will definitely invest in it or simply keep the coins they have already received, since at any moment the price of Bitcoin can again go to the moon. And this is definitely facilitated by its bearish state, because it allows everyone to buy BTC at a lower price and receive excellent income in the future.

[Fivestar4everMVP]

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.

It's really hard to predict bitcoin, and those who predicted that bitcoin will oscillate between $25k, how did they come about this prediction.? For all I know, this might never happen, and in the case of it happening, it could be worster than predicted, what am trying to say is that, bitcoins can't be accurately predicted, professionals can try to put 1 and 2 together through analysis, research  chart reading etc, to come up with an idea of what the price of bitcoin should be in a certain period in the future, but like I said, they are all ideas, they can never be truly accurate.

[Wimex]

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

Of course it's a good idea. This volatile currency has maintained a fairly relative behavior, at one time it can reach extremely low levels and at another it can recover to record highs, so buying in its worst state could mean a rewarding investment in the medium term, since in the The moment this begins its ascent, the profits would become promising.

 But Carrying out this purchase and sale or trading is an activity of great care, if it is not carried out in the correct way it can cause unfavorable losses until you end up losing everything invested, so for those who wish to carry out this work it is advisable to study very carefully. Beware of the consequences that could result, whether good or bad. Choosing the best strategy brings good results as a reward.

[Bitstar_coin]

If you are not sure the best thing is buy in stages, maybe buy a few now and buy some more when it goes lower and so on, if you want to wait for the bottom you might end up missing out. I think this method is better than buying everything at once (although there is nothing wrong with that), you can split the money into 3 parts and buy anytime it goes lower.
Some people are speculating it can go as low as 30k, if that happens you wouldn't want to miss out on it.
There is nothing to be afraid of even if you decide to buy now at this price, you know what btc is capable of doing when the market is back up.

[GeorgeJohn]

I will not condemn your instincts of purchasing any cryptocurrency in the time of bearish season, this is what everyone is cryptocurrency trader ignore, but from my views concerning cryptocurrency, i believe that no time you purchase crypto you will not make a profit, but the necessary thing is that buying a good coin that have the potential of accelerating, and via Bitcoin, provided that you give bitcoin space to stay with a period of time, it's obvious that Bitcoin you purchased during bearish will give you a potential profit, if it's kept for long time frame.

[Kasabus]

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?

We all know that actually, but i guess it's hard for beginners to understand that since they prefer to buy bitcoin at its peak price, and panic sell when the price turns to bearish. It is no surprising that newbies often lose when it comes to investment but i think everyone here started from scratch. People will only understand the opportunity brings by a bearish season when they experience consecutive losses from buying bitcoin at its bullish price.

[Vaculin]

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

If you want to generate profits in bullish season, then always start buying when bitcoin value is low. That is the best way to maximize your profits when you see bitcoin price already surging. The fact the bitcoin will always appreciate its value, buying at its bearish season and hold it for long term will be a wise thing to do for a smart investor.

[bitcrystal]

there is nothing to be afraid of as long as you are a bitcoin enthusiast, investor, long term hodler. bearish times are the best for you to buy, you buy at different zones with DCA technique. you can never get the exact bottom so buying early and at ever lower low no matter how small, you are in for good profits anytime the market structures changes to the upside.

[TelolettOm]

Afraid to buy Bitcoin in its bearish state?

This is happening from time to time. People are too afraid to buy Bitcoin when the price dropped during a market correction or bearish market.
But, once the price rises up moreover touching the top price, the people are in sequence buying more and more Bitcoin.
It is actually strategi isn't it? People like more buying Bitcoin when the price is expensive and rising up than buying it at the dip and holding them to rise up. Because I am sure enough that Bitcoin price will be rise up, if we are holding for even short or long term investment.

[GreatArkansas]

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,
(....)

This is understandable and most common mistakes of the people especially in newbies, they have more trust to other people or entities instead on doing research and deciding by their ownself.
But we can't blame them, that's how those entities works, they are expert on that field especially those reputable ones. Be just careful and don't really rely 100% on them.

[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?

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.

It is indeed easier said than done but I don't think it is that hard to understand and somehow determine whether the price is cheap or not. They don't have to look for the bottom. It is impossible to hit it accurately. Right now for example, it is clear that Bitcoin's price is cheap. It doesn't mean it won't go any cheaper in the coming days but it is cheap and it is certain that the price would rise sooner or later. And of course hodl is indeed the way to go right after buying. The price may fall further but it will rise eventually.