Rockstarguy (OP)
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May 14, 2022, 03:40:26 PM |
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Despite no serious bull in the market for sometime, I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$
You probably meant $40k, right 🤔. In accounting, improper writing of numbers can cause a lot of damage and that's why we're advised to always end with "Only" whenever we write the numbers out in words. I'm yet to see where a cheque is signed without that inclusion of "only". Even if it's $500 million, it comes as $500 million only, and then it's $200; it comes as $200 only. That said, now look at the time you wanted to buy before Bitcoin took another plunge; see it as a blessing to buy more unit at a discounted rate. This is the problem with many investors. We keep thinking the market can go down more and we procrastinate further until price springs a surprise on us and reverts with a spike. Anyone who has a spare cash they want to throw into Bitcoin has the right timing to do so now. That's my honest advice on this. Thanks very much for your corrections, it skipped my mind writing the amount the appropriate way. . It is a blessing indeed to buy in this time, this is a good time many have been waiting for. Their is no need to panic or procrastinate even if it still goes dip, this is the time for bear market, their will also be a time when the bull market will come too, the market has different season.
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ningrum
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The OGz Club
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May 14, 2022, 05:43:45 PM |
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Despite no serious bull in the market for sometime, I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now. What do you think about my plan?
yes! you are absolutely right because now is the right time to buy, many Altcoin prices have dropped -90% from their ATH last year, and this year I believe it is Bottom, so why do many people recommend buying altcoins, try to invest in Top 100 Coinmarketcap for long term
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carlfebz2
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May 14, 2022, 10:56:15 PM |
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Despite no serious bull in the market for sometime, I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now. What do you think about my plan?
yes! you are absolutely right because now is the right time to buy, many Altcoin prices have dropped -90% from their ATH last year, and this year I believe it is Bottom, so why do many people recommend buying altcoins, try to invest in Top 100 Coinmarketcap for long term Right time to buy but there are still lots of people who do really still hesitate whenever we do see the market is declining which cant really be avoided and its up to someone whether they would really be taking risk or simply wait up again for sometime which do mostly ending up on missing out opportunities yet the market cant really be having a dumping state forever which as there would be always recovery after that and if you do miss out on riding with the train then this is where regret do happens.
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STT
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May 14, 2022, 11:20:55 PM |
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Buy more then once, it stops you overthinking things as it is impossible to truely know the market movements in future for sure. Main thing is the price is not the determiner of success, there are far more important things then the exchanges flipping back and forth like a pinball machine its just a game to them. Half of the price movements are just traders who give not a dam what happens to Bitcoin and many traders at their desk on leverage with a list of symbols dont actually use the coin outside of guessing the price; these people dont matter the actual users and operators of Bitcoin blockchain do matter. The more users of BTC the better off each year thats true, if you could mute price and only trade on the user base you would be less blinded by external nonsense and in the end better off also.
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mattujusuruga
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May 15, 2022, 11:31:18 AM |
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Currently bitcoin is still experiencing significant price decline pressure. If you look at the current price is in the $29k area. Then this is the right time for you to buy in the $29k area and wait for the price to bounce back from its support.
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sayaya17
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May 15, 2022, 02:46:40 PM |
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Currently bitcoin is still experiencing significant price decline pressure. If you look at the current price is in the $29k area. Then this is the right time for you to buy in the $29k area and wait for the price to bounce back from its support.
In these few days Bitcoin is still having trouble rising again above the $30k price, so actually there is still a possibility that the Bitcoin price will fall again. So we have to be careful if we are going to make a decision when buying Bitcoin. So buying at $29k may not be a good time for short term trading, but if we are buying Bitcoin for long term investment, I agree the price of $29k is a good time to buy Bitcoin. In conclusion, the best time to buy it all depends on our strategy, so everyone usually has a different strategy, so just adjust it with the strategy we will use. So make a decision when we will buy Bitcoin not based on other people's opinions, but it must be in accordance with the results of the research and analysis that we do, after that determine the strategy that we think is profitable.
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Twentyonepaylots
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May 15, 2022, 03:14:46 PM |
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Everyone wants to buy bitcoin when the market starts to fall but doesn't want to try it, finally bitcoin rises again, only to realize that he regrets not buying when the price drops at a very low price.
This is why I always call with my hesitation, whenever I hesitate to do either buy or sell any of my hodlings I'll do it for God's sake! I don't want to suggest this but if you hesitate to buy the coin, BUY IT! do it otherwise. now for me is a good time to buy and buy don't wait for the next day because it's not necessarily the next day bitcoin will fall again. but if it still goes down, then be patient because bitcoin has a fast recovery system compared to other coins.
If going for long term it's always a good time to buy, but if you want to maximize your profits, you should get it done strategically. One thing is going to happen in the market, it will rise.
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kotajikikox
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May 16, 2022, 06:35:50 AM |
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if you did have wait for another couple of days ? then your discount would be higher than that because the price drops even low to 26k while you are tenting to buy at 40kish though that is more than 40% low from the ATH of 68k. sometimes we need to at least keep waiting m or risk in buying when we already have the funds to invest. ____________________________________________ what you did is a complete showing how you trust this market and how you believe in bitcoin capacity to bring you profit even in the hardest times like now. Currently bitcoin is still experiencing significant price decline pressure. If you look at the current price is in the $29k area. Then this is the right time for you to buy in the $29k area and wait for the price to bounce back from its support.
though it climbed back to 31k but just a few moment and dropped back to 29k now this is frustrating because I badly need to withdraw now lol.
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Oasisman
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May 16, 2022, 10:19:52 AM |
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taking risk or simply wait up again for sometime which do mostly ending up on missing out opportunities yet the market cant really be having a dumping state forever which as there would be
always recovery after that and if you do miss out on riding with the train then this is where regret do happens.
Sadly, some people doesn't appreciate the usefulness of cost averaging especially when in doubt while finding to make a good buy price. That's most regrets are coming from. Such question like "when is the perfect time to buy" can actually be answered by your own by just looking at the price historical data or chart.
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peter0425
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May 17, 2022, 02:22:25 AM |
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Despite no serious bull in the market for sometime, I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now. What do you think about my plan?
so what have you decided? bitcoin is now lowering down to 25k sooner so how much you invested ? if you did wait for at least couple of days? then you may have the chance buying at this very low price. Everyone wants to buy bitcoin when the market starts to fall but doesn't want to try it, finally bitcoin rises again, only to realize that he regrets not buying when the price drops at a very low price. now for me is a good time to buy and buy don't wait for the next day because it's not necessarily the next day bitcoin will fall again. but if it still goes down, then be patient because bitcoin has a fast recovery system compared to other coins.
it is not when the market starts to fall but when the market is already drowning , like what we have now . Bitcoin falling 30% and so as altcoins like Ripple and Binance .
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carlfebz2
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May 17, 2022, 02:28:50 AM |
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taking risk or simply wait up again for sometime which do mostly ending up on missing out opportunities yet the market cant really be having a dumping state forever which as there would be
always recovery after that and if you do miss out on riding with the train then this is where regret do happens.
Sadly, some people doesn't appreciate the usefulness of cost averaging especially when in doubt while finding to make a good buy price. That's most regrets are coming from. Such question like "when is the perfect time to buy" can actually be answered by your own by just looking at the price historical data or chart. Some people would really be having that common excuse on which fear do really affect when it comes to their decisions which i couldnt really blame off even myself considered to be that knowledgeable or does have enough experience,I do still find myself to get panic on the times seeing some negative news or events that do happen in the market.Although when you do have experience you are fully aware on what do commonly happens but the main question would always be falling on "what would be the bottom or peak price?" We cant really able to know on whats ahead but at least we do already have that idea on things around.
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peter0425
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May 17, 2022, 03:07:05 AM |
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Currently bitcoin is still experiencing significant price decline pressure. If you look at the current price is in the $29k area. Then this is the right time for you to buy in the $29k area and wait for the price to bounce back from its support.
Not only bitcoin mate but the whole market so don't just take in Bitcoin while the truth is there is a Bearish market covering the whole crypto now . and 29k? yeah for now but there are several measures we must consider. also try not living in this price now instead choose to buy more? or sell until the recovery takes place before the year ends.
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Yaunfitda
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May 17, 2022, 08:23:15 AM |
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Currently bitcoin is still experiencing significant price decline pressure. If you look at the current price is in the $29k area. Then this is the right time for you to buy in the $29k area and wait for the price to bounce back from its support.
Yeah, anything bellow the big support is a good opportunity to buy. Actually it did further than $29k, so if others have chance and bought it then good for them. We might have to actually wait again and see what will be the next floor price because for me it seems that we have reach it already. Maybe in the next 6 months, we might dip further to around and close to $20k, but we will see.
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Nrcewker
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May 17, 2022, 10:39:36 AM |
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When the price of bitcoin is above $50k many people say they want to buy bitcoin if the price can go down and the range is $30k, now it has happened, if we only aim for short-term investments then buy now then sell in a week then I'm optimistic that profit is 15% we will get, successful investors make moments like today a busy day to buy.
To be honest there is no perfect time to buy or sell. It depends only on your necessities. If you are capable enough to buy one Bitcoin, then just close your eyes and buy it. For Bitcoins, it's always safe investments. Many traders also know the fact that Bitcoins are limited in number, that is "more bitcoins cannot be created", so a day will come when these coins will become very much valuable. So this bearish time of the market is a boom for all the crypto buyers, so buy as much Bitcoins as you can when now Bitcoins price are at 29k USD. Soon in this year Bitcoin will start recovering, and who knows when we might get our all time high price for the Bitcoins. Just Buy and hold your Bitcoins until it reaches 100k USD , and I promise, this won't take long time.
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Silberman
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May 17, 2022, 08:49:49 PM |
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Despite no serious bull in the market for sometime, I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now. What do you think about my plan?
yes! you are absolutely right because now is the right time to buy, many Altcoin prices have dropped -90% from their ATH last year, and this year I believe it is Bottom, so why do many people recommend buying altcoins, try to invest in Top 100 Coinmarketcap for long term It is not really difficult to understand why people keep recommending altcoins even during the current circumstances, and this happens because most people are concentrated on obtaining profits, not understanding that there are market conditions in which the best move that you can do is to try to keep your capital as intact as possible and to not take risks, however since those people have most likely never read a book about trading they do not know about this and they keep taking risks that they should not take.
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GeorgeJohn
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May 17, 2022, 09:57:37 PM |
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Currently bitcoin is still experiencing significant price decline pressure. If you look at the current price is in the $29k area. Then this is the right time for you to buy in the $29k area and wait for the price to bounce back from its support.
actually this is the perfect time to purchase different cryptocurrency and especially bitcoin because of decrement and relax and expect the time of cryptocurrency in general increment. Portraying that bitcoin is 29 thousand and it best time to purchase it, is very encouraging, but i want to let you know that from my past experiences, i don't think that Bitcoin can decrease above the level of 25 thousand, so since it's within the range of twenty thousand and thirty thousand (20k-30k) it's perfect time top purchase and wait for it's increment.
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Natalim
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May 17, 2022, 10:57:08 PM |
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Indeed, buying now was a great idea. You don't need to wait @OP for the price to drop more as we certainly don't know, but what we have to anticipate is the upcoming pump. If we really have a plan for investing in crypto, this is the right time to start with. This huge correction will not be taking longer, prices will rally back slowly as the demand increases as well.
We just to keep in mind that "only invest the money that we can afford to lose" and "only invest potential coins". In this way, we are making our assurance for better outcomes.
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TravelMug
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May 18, 2022, 12:39:44 AM |
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Indeed, buying now was a great idea. You don't need to wait @OP for the price to drop more as we certainly don't know, but what we have to anticipate is the upcoming pump. If we really have a plan for investing in crypto, this is the right time to start with. This huge correction will not be taking longer, prices will rally back slowly as the demand increases as well.
Yes, if I just have the capital to buy when the price is <$30k, I would gladly invest some. But my money is reserved for something so I will pass this time. But for those who have the money, for sure they have bought at that price because who knows, that opportunity might not come along again. We just to keep in mind that "only invest the money that we can afford to lose" and "only invest potential coins". In this way, we are making our assurance for better outcomes.
We can't stress that anymore, for beginner investors just follow this old adage and for sure it will save you a lot of stress down the line. Also, not to think that bitcoin invest is a get rich scheme because it is not.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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Ojengonggu
Full Member
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Trphy.io
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May 18, 2022, 01:50:28 AM |
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Indeed, buying now was a great idea. You don't need to wait @OP for the price to drop more as we certainly don't know, but what we have to anticipate is the upcoming pump. If we really have a plan for investing in crypto, this is the right time to start with. This huge correction will not be taking longer, prices will rally back slowly as the demand increases as well.
Yes, if I just have the capital to buy when the price is <$30k, I would gladly invest some. But my money is reserved for something so I will pass this time. But for those who have the money, for sure they have bought at that price because who knows, that opportunity might not come along again. We just to keep in mind that "only invest the money that we can afford to lose" and "only invest potential coins". In this way, we are making our assurance for better outcomes.
We can't stress that anymore, for beginner investors just follow this old adage and for sure it will save you a lot of stress down the line. Also, not to think that bitcoin invest is a get rich scheme because it is not. It's not as easy as turning the palm of the hand hoping bitcoin can turn us into rich people in an instant it's impossible because there are reciprocity as well. But even though it can't make us rich, but by getting a little profit from the profit we get, it's also very grateful. At least it can help a little income on our side.
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19Nov16
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May 18, 2022, 02:22:35 PM |
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Many analysts believe that the negative trend continues until the first semester is over, the market will start moving positively when it has entered July, I prefer to wait and do nothing, I keep assets in several exchanges and I use it for staking.
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