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Author Topic: A time people have been waiting for bitcoin to drop  (Read 1523 times)
Cookdata
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May 09, 2022, 03:20:50 PM
 #21

_snip_

You see, the people that were crying out loud and regretting that they didn't but when the price was down, it same peers of people will be the one shouting that the market is about to collapse, check them on any crypto talk platforms, they will be so blindly happy.
Instead of them to take the discount price and buy the amount they can, they will come back next bull cycle with another story on how they didn't take the advantage of this.

There is no perfect price to buy bitcoin, if there were, Elon would have waited for this moment before buying his bitcoins but instead they bought around 38k dollars. The goal is to buy and hold and wait for some times, that's the only way you can enjoy bitcoin, always aim for the long time and you will be willing t continue to hold.

I believe bitcoin would drop further to 30k or 29k dollars and maybe there we can decide whether it is the right time to buy.

You should have an evidence to backup you statement, you believe or you feel the price will crash more.

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May 09, 2022, 03:29:26 PM
 #22

I must say that the unpredictable nature of crypto makes it impossible for one to know the exact time to buy, but my kandid advise is if you are buying any coin now especially Bitcoin you should do that with long term plan in your mind.
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May 09, 2022, 03:32:55 PM
 #23

Quote
Bitcoin dropped drastically for those who are waiting to buy bitcoin at a low price this is a great opportunity to buy bitcoin because the bitcoin price has dropped 50% from the highest price, can also wait in the next few days maybe the bitcoin price will go down again I see this may be repeated like in 2018 .
This is the level I have been waiting for bitcoin price to reach before i can buy more to prepare for a greater future to come. Bitcoin price dropped down to $32k that is making people to rush to buy before the price will increase higher. I believe those that purchased bitcon now will have something good to achieve when the price move to $50k before the end of this month of May. It will be difficult for people to miss this opportunity because the price has dropped to the level where poor people can be part of this celebration.

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May 09, 2022, 04:22:17 PM
 #24

This is the level I have been waiting for bitcoin price to reach before i can buy more to prepare for a greater future to come. Bitcoin price dropped down to $32k that is making people to rush to buy before the price will increase higher. I believe those that purchased bitcon now will have something good to achieve when the price move to $50k before the end of this month of May. It will be difficult for people to miss this opportunity because the price has dropped to the level where poor people can be part of this celebration.
Even though the current price level is the moment you have been waiting for but you should apply buying in DCA for price orders lower than $32k, because maybe the bear market hasn't stopped yet. I am also very excited to add more coins in the portfolio for lower prices.


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May 09, 2022, 04:50:06 PM
 #25

I´m buying and the more it drops, the more I buy. Thank you guys for the cheap Bitcoins.

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May 09, 2022, 05:12:40 PM
 #26

I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?

There is no simple answer to this question, if there exists a simple answer to this question then we need are millionaire by now. The best time is when price has gone down significantly (as it is now). You can start buying bitcoin in chunks like if you have 1000$ to invest in bitcoin then buy invest 300$ at one price, 300 on second price and remaining 400$ on third price. This gives you good average bitcoin price.
These are just my few satoshis.

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May 09, 2022, 05:29:38 PM
 #27

Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.
I could ones remembered when bitcoin was +$69k and everyone seems to be panicking for the price to get 32k or below. Today we have another chance to buy very low yet people still waiting for the price to drop even more lower.
I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?
What do we do?

When the price of bitcoin is high, many people expect the price to go down so they can buy cheaply, but when the price goes down quite cheaply like now for some reason they are all afraid to buy bitcoin Grin.
the condition of a price that is in a downtrend is like now this is the right position to buy, because all of us who are familiar with bitcoin certainly have a belief that the price of bitcoin will improve soon after experiencing a price decline, but my advice, if you want to buy bitcoin right now you should use cold money to avoid it if it happens even worse risk.

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May 09, 2022, 05:34:37 PM
 #28

Time to start buying your favour shit coin and solid coin, they are currently at a discount price right now, most of traders will still miss cheap coins in this downtrend of bitcoin again before it takes off to its peak again, For the fact we have lost 34k then the journey has started...now we are here.it will not happen in a flash. There will be relief pump and then dump continuation. Those periods are when you make money and keep to buy your favorite coins cheap

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May 09, 2022, 06:32:36 PM
 #29

OP: Hi!
Hey! do not generalize, there is panic in the mind of those who suffer from it in each price situation like the current one and it is usually a sensation among these individuals, it is like when the price $x of bitcoin collapses on a certain date, there is a group of individuals like you who arrive with the classic question.

So, maybe you need about three or four phases to come out mentally healthy, given the cycle of bitcoin in terms of its price.

In conclusion, how much do you have in your pocket right now?.  $100! Do not hesitate buy bitcoin.
So if in an hour, a day, a week, a month, a year, 5 years the price falls again, I ask you the same thing, how much do you have in your pocket? $100!! =>buy bitcoin.

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May 09, 2022, 07:09:50 PM
 #30

Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.
I could ones remembered when bitcoin was +$69k and everyone seems to be panicking for the price to get 32k or below. Today we have another chance to buy very low yet people still waiting for the price to drop even more lower.
I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?
What do we do?
Emotions. People are just afraid to lose money from having bitcoin, We've been on this situation many times and experienced people who just want to have bitcoin really doesn't bother at all. Some of them are just waiting for bitcoin to dump more than this just to buy more. I'm one of them btw. Newbies in the space are the one being affected by the panic, Sooner or later they will regret their decision of panic selling. Long term holders will benefit from this drop and I'm sure they are expecting this because of how long the bull market we experienced before this.

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May 09, 2022, 07:23:40 PM
 #31

Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.
I could ones remembered when bitcoin was +$69k and everyone seems to be panicking for the price to get 32k or below. Today we have another chance to buy very low yet people still waiting for the price to drop even more lower.
I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?
What do we do?
Making decisions would be entirely be depending on you on these particular times since not all would really be having that kind of mindset on which they would really be buying more.Whom had thought that

we would able to touch up 32k or below price once again? Lots had been believing that 38k was a strong support and im one of those people which is something not new into this market where price could
really drop that hard or supports are really meant to be broken.

Now that the price had plummet out then to those people who keeps eye on 32k support did really happen and now it goes to 30k.. Possible next would be 25 but i wouldnt be surprised
if there would be some pullback soon or start up of recovery.

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May 09, 2022, 07:26:30 PM
 #32

Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.
I could ones remembered when bitcoin was +$69k and everyone seems to be panicking for the price to get 32k or below. Today we have another chance to buy very low yet people still waiting for the price to drop even more lower.
I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?
What do we do?
Well, we can say it is always like this, some people that will only praise when the market is green and will turn around and cry Bitcoins death once the market is down and can't seem to understand that this is another good point to buy in what was missed. I just read in on telegram group a while back of someone crying that he doesn't think the market can recover from this one and I am like, this person obviously does not understands Bitcoin price action and how the market works.
Even if BTC price drops to $29kish which I think might be the bottom area, some people will still think it will go lower but, I think buying bits during this downtrend is best.
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May 09, 2022, 07:59:29 PM
 #33

Believe me, people like us will not buy even at this dump. They will wait for more dumps and we will see then start moving up. Once get started moving up then we will jump to buy and pump more. That's our behavior and how the market moves. But those clever investors don't miss this chance. They always make money and we lose. So I don't think we should wait for more dump though there is a possibility. We don't know what would be the bottom.

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May 09, 2022, 08:18:09 PM
 #34

Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.
I could ones remembered when bitcoin was +$69k and everyone seems to be panicking for the price to get 32k or below. Today we have another chance to buy very low yet people still waiting for the price to drop even more lower.
I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?
What do we do?
Buy when you're ready and you think that it's actually the right price for you to buy bitcoin. As usual, that's the case whenever bitcoin is at the top, people would think that it won't be enough to buy and they have to wait until it corrects. Now that it has been corrected, they now have another standard of waiting until it dips for more, and that's their current stand because they think that it will dip further. But we'll see if this is the lowest that it can be, it has touched $30k but quickly goes back to $31k.

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Issa56
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May 09, 2022, 08:22:17 PM
 #35

Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.
I could ones remembered when bitcoin was +$69k and everyone seems to be panicking for the price to get 32k or below. Today we have another chance to buy very low yet people still waiting for the price to drop even more lower.
I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?
What do we do?

Currently bitcon is down, some people are still scared to buy, some people still believe bitcon will dumo more and they are waiting for more dump. I believe if bitcoin dump till around $10k some people wont still buy, they will still be scared to buy and they will still be waiting for more dip. Seriously I won't advise anybody to invest now you have to do your research yourself but according to my analysis I believe this is the right time to buy.

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wxa7115
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May 09, 2022, 08:24:00 PM
 #36

Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.
I could ones remembered when bitcoin was +$69k and everyone seems to be panicking for the price to get 32k or below. Today we have another chance to buy very low yet people still waiting for the price to drop even more lower.
I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?
What do we do?
Predicting exactly when the very bottom is going to be reached is something that is almost impossible to do, it is because of this that you need to have already in mind a price at which you would like to buy and then once that price is reached then you need to buy it.

The price is currently at 30k and even if the price could go a little bit lower I think we are close enough to the bottom, so this is a good entry point for those that were thinking on getting bitcoin for cheap, however I do not think many people will do so as they are going to be afraid that the price could go even lower than the level we are seeing right now.
longlivecapitalism
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May 09, 2022, 08:36:23 PM
 #37

Here's the truth: Most people will not buy at the absolute best price. There's not way to predict that. But seeing as this is a huge drop from Bitcoin's highest point, I'd say it's a good time to buy it. I've been telling people that this time has been coming and to hold off buying at high prices and I've been laughed at and ridiculed. One, two, three times, how many times do people need to see a pattern repeat itself to expect that it will happen again? And at almost regular intervals too! The point is, you may buy at 31k and see it drop at 28k. Big deal! Historically, after a big rally Bitcoin drops by a lot but usually not below the highest price that it had reached in the previous big rally (that was about 20k for last one, in the end of 2017).
darkangel11
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May 09, 2022, 09:29:07 PM
 #38

Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.

Who's panicking?

It's fun to watch the traders sweat. Holders are holding, nothing new here.

I have one thing to say to those of you who are scared. You were willing to buy bitcoin for 70, 60, 50, 40 thousand USD. This is still the same bitcoin. Nothing has changed. Keep buying for 30 an 20 if it really goes that low. You'll thank me later.

I still have coins bought in 2015. I did not sell at 20k in 2017 and I did not sell at 60k last year. I have my goals and I can wait for another having.

Know your value, have conviction, don't look at others, think about your own goals. My goals won't be realized if I sell for 30 or 50k. 
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May 09, 2022, 09:35:04 PM
 #39

Honestly, sooner or later we could a lot of people saying they miss the chance of buying Bitcoin at the current price. As to why that many are not buying yet thinking that the price will drop more and more. The same sentiment I'd seen last time. I know that many can afford to buy Bitcoin at $32,000 but they are preferred to but at $35,000. The funny thing is that the majority won't buy during a major correction as they want to buy during Bullrun, they are short-term and impatient investors.

TimeTeller
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May 09, 2022, 09:37:51 PM
 #40

Here's the truth: Most people will not buy at the absolute best price. There's not way to predict that. But seeing as this is a huge drop from Bitcoin's highest point, I'd say it's a good time to buy it. I've been telling people that this time has been coming and to hold off buying at high prices and I've been laughed at and ridiculed. One, two, three times, how many times do people need to see a pattern repeat itself to expect that it will happen again? And at almost regular intervals too! The point is, you may buy at 31k and see it drop at 28k. Big deal! Historically, after a big rally Bitcoin drops by a lot but usually not below the highest price that it had reached in the previous big rally (that was about 20k for last one, in the end of 2017).

A lot of people are waiting for this price and yet, some of them won't still buy.
Because they are thinking that it may possibly go down more but to what value they will buy, right?
If you are one of those users who swear they will buy when btc drops to 30k, what are your thoughts now?
Remember the times when you tell yourself, you are already too late for the party.
But now, it is a very good opportunity for you to think your chances. Don't wait too long because we may not see this price level again.
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