Afraid to buy Bitcoin in its bearish state?

[AjithBtc]

It is the common man's mentality to get into fear whenever the market turns bearish. In today's match it is all about the profit making, just hold and sell at the right ocassion. If not holding will then bring in profit. Compared to the past years, the panic waves among the common people have decreased. The correction then happens through the market fluctuation. So, if there is no need of selling then just hold it.

[Wakate]

Any person that is afraid to buy Bitcoin in this bear market will always make mistake at the end of the bear market. This is the best time to accumulate more Bitcoin so you can always relax and wait for the market to go bullish before sell them. Some investors are already in losses now because they bought at the top and now that the market is bear, they have no option than to wait for the market to go bull before selling or sell at huge loses. Buying Bitcoin requires strategy to know right time to buy.

[Marvell1]

Do you want to buy low sell high?.
Bear markets are sometimes not a bad thing but an opportunity so don't panic but see it as an opportunity to own bitcoin cheaply.
In a bear market, only the newbies don't know about the cycle of bitcoin so they panic sell and get out of the market. But for longtime investors, the sharks, this is the opportunity they've been waiting for after days of growth. Because we are in a bear market and we don't know how far bitcoin will fall, so do a proper DCA strategy every time bitcoin price drops.

[bhooscream]

I am sure that the things why they are afraid to buy Bitcoin during the bearish are their worries of losing much money on it, because we still don't know whether the price of Bitcoin will be rising up or not, or the price will keep dropping.
This worry is actually normal. But actually buying BTC when the price dips rather than buying when the price already jumps high because commonly they will likely miss the party.
Imagine that we bought BTC in a bearish market, hold them for certain periods, and the price keeps increasing, it will be good for our investment

[Oceat]

It is the common man's mentality to get into fear whenever the market turns bearish. In today's match it is all about the profit making, just hold and sell at the right ocassion. If not holding will then bring in profit. Compared to the past years, the panic waves among the common people have decreased. The correction then happens through the market fluctuation. So, if there is no need of selling then just hold it.

I'm surprised there are still people who have that kind of mentality perhaps they aren't exposed to the market yet that's why they are afraid to buy during bear market. Bear market is your source to gain profit and why would someone won't buy during decline? Maybe they want a quick dip that would pump after they buy but that's not how things work in this market. They better buy those low price and HODL since Bitcoin is a good investment especially in the long run.

[Mr.sprin]

everyone has the intention to buy bitcoin when the price is low and when the price is cheap they are not sure to buy it because they want a cheap price again in their mind the price of bitcoin will definitely fall again and they wait for it mostly they don't have a target and so on and so on is the person I found near me.

[Fundamentals Of]

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.

If you are not sure how far price of bitcoin will go before jumping up then it's best go buy btc in chunks aka not buying btc at one price with all your capital. This gives you option to average you buying. 38k$ is a very safe bet if you can hodl for month or two. Price of bitcoin is fluctuating in between 35 to 45k$ for quite a while now.

It depends on how much you are investing. If you are investing with a couple hundreds of US dollars, then you better do the buying in a single transaction. Keep the Bitcoin in a safe wallet, forget about it, make and save more money, and return to looking at the charts for your next buying opportunity. It will cost you less.

Keeping your Bitcoin for a month or two is not hodling. Hodling your Bitcoin means you keep it for years.

[Findingnemo]

Not only for Bitcoin, it applies to all the investments on assets because how can we reap the profits buy low and sell high so in bearish mode the price will be lower and with Bitcoin it is almost guaranteed that the value will recover and reach new heights so its good to take risk and invest the money you can afford to lose. If you afraid of losing money then no investment will be suitable for you.

[savetheFORUM]

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.

This is just me I have so gotten to that stage where I no longer care about the price of bitcoin. So, I have two jobs that I do, and at the end of the month when I receive my salary, I just take one of the salaries and put it entirely into bitcoin without minding what the price is, I started doing it this year and so far I have been able to gather so many bitcoins and I’m so happy about that.

So, the price is the least thing now for me to worry about. I will also advise others to do the same, if you have the money, just keep investing, one day you will surely be happy that you did.

[traderethereum]

everyone has the intention to buy bitcoin when the price is low and when the price is cheap they are not sure to buy it because they want a cheap price again in their mind the price of bitcoin will definitely fall again and they wait for it mostly they don't have a target and so on and so on is the person I found near me.

That makes them not buy when the price drops deeply and keep waiting, hoping that the price can fall even further.
But in reality, the price could instantly reverse direction, and their hopes could not come true because they were too late to buy at the deepest price.
We experienced this many times and have had this experience many times but sadly, we remain motionless and place a purchase order.
In the end, we will regret not using the best moments.

[Henrobakkara]

everyone has the intention to buy bitcoin when the price is low and when the price is cheap they are not sure to buy it because they want a cheap price again in their mind the price of bitcoin will definitely fall again and they wait for it mostly they don't have a target and so on and so on is the person I found near me.

I responded to a similar post yesterday https://bitcointalk.org/index.php?topic=5397057.msg60041831#msg60041831 how investors keep waiting for the unknown bottom and might miss out but if you DCA you will somehow catch some of the low prices as it falls but some investors don't understand this or just want to wait for the bottom which does not always know exactly and misses out. Again, I strongly believe until we change our mindset on Bitcoin investment and start seeing it as an actual investment which should be the more long-term most investors will lose.

[Anguwa]

 Buying BTC is dependent on the buyer; for example, I can purchase BTC whenever I am able to do so, but it is still advantageous to take advantage of the bear market because you can expect a very big profit after the market has stabilized. People that believe in Bitcoin can buy at any time without worry because they believe that even if the market falls, it will return over time. So, before you buy, think carefully and make a decision.

[Easteregg69]

The world is good.

I say you would feel safer wrapping it on a sidechain. I got my beer now.

[horrifiedx1]

Buying BTC is dependent on the buyer; for example, I can purchase BTC whenever I am able to do so, but it is still advantageous to take advantage of the bear market because you can expect a very big profit after the market has stabilized. People that believe in Bitcoin can buy at any time without worry because they believe that even if the market falls, it will return over time. So, before you buy, think carefully and make a decision.

For those who are afraid to buy bitcoin in bear season, I don't think they have enough knowledge about bitcoin. the current situation should be used as well as possible to find a buy area, although buying bitcoins can be done at any time. after that they will regret having missed the precious moment to buy bitcoin when the price has soared. That kind of mentality that prevents us from achieving our goals, because we only want shortcuts

[justdimin]

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.

I agree that learning more and more about bitcoin is the key to success in the crypto world, you won't really get anything done and make any profits until you learn all you have to learn. I mean it's obvious from the get go that if you do not know what you are doing then there is a chance that someone could influence you and make you buy something that you shouldn't and convincing you would be easier than a veteran because they know what to look at whereas a newbie wouldn't.

This is why you should be studying and learning as much as possible, and be ready for all the possibilities as well. It is definitely a great way of protecting your investment.

[stepwilli]

The market has kind of been going down as of recent, it is now at $37,000 when I checked.  And there have even been predictions that the market would drop as low at $30,000, this is the same way that there are also those who are predicting bullish run of $100k, just the same way that you two have done.

But, none of us are really sure about what would happen in the future, the only thing that most of us are believing in is the fact that within next two or three years there would be a bull stage, which is after the halving , but As for what would happen in the nearest future before this year runs out, we actually can't tell.

[noormcs5]

The market has kind of been going down as of recent, it is now at $37,000 when I checked.  And there have even been predictions that the market would drop as low at $30,000, this is the same way that there are also those who are predicting bullish run of $100k, just the same way that you two have done.

But, none of us are really sure about what would happen in the future, the only thing that most of us are believing in is the fact that within next two or three years there would be a bull stage, which is after the halving , but As for what would happen in the nearest future before this year runs out, we actually can't tell.

I am sorry to tell that if someone is not willing to buy bitcoin when bitcoin is dumping then when will he buy ? These are the best times when one can buy bitcoin or at least do a dollar cost average. If anyone is looking for more lower prices then they are taking the risk that if the prices never reach to the desired low level. When there is a fear in the market that's the best time to buy bitcoins.

[Furious 7]

I am sorry to tell that if someone is not willing to buy bitcoin when bitcoin is dumping then when will he buy ? These are the best times when one can buy bitcoin or at least do a dollar cost average. If anyone is looking for more lower prices then they are taking the risk that if the prices never reach to the desired low level. When there is a fear in the market that's the best time to buy bitcoins.

Maybe in this case, he thinks that he is still too afraid to buy because this usually happens because he has bought before but has to enter the abyss because the price keeps dropping or he is still doubtful because the price is like this.
But whatever the reason it is true what you say. because basically we certainly know the concept of buying at a low price and selling when it is expensive and this should be maximized and not the time to panic.

[teosanru]

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

I think this is a normal market tendency people are afraid to buy bitcoin in these bearish times when it is actually an intelligent thing to buy bitcoin and hold it while they would stupidly expend all their money to buy bitcoin when it is at or around the all-time high. This is the main reason why most of the investors lose a lot of money. They will always tend to buy at the times you should sell and sell at the time anyone would buy. To be honest, instead of going in with options as a beginner I would recommend just to average out your holding and building a portfolio by dollar-cost averaging good coins.

[DanWalker]

It is the common man's mentality to get into fear whenever the market turns bearish. In today's match it is all about the profit making, just hold and sell at the right ocassion. If not holding will then bring in profit. Compared to the past years, the panic waves among the common people have decreased. The correction then happens through the market fluctuation. So, if there is no need of selling then just hold it.

Yes, fear exists in each of us. A lot of people have told me that they are sorry the bitcoin price is at 60k and they will buy them if bitcoin drops to 40k again but when the market falls deeply they start to feel fear, fear bitcoin will continue to fall or the market will go to zero. They don't know that bitcoin is a long term investment, just buy and hold for long time it will generate profit for them. Don't worry too much about short-term volatility