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Author Topic: Who’s itching to buy?  (Read 907 times)
bhooscream
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May 12, 2022, 11:48:35 PM
 #61

Please be wise and also careful during this market condition. we still don't know if the market will continue dropping or not.
Although if we want to buy, don't buy panic and feels itching to buy. It is risky because the market may continue dropping.
Like what happened to Luna.
We can be wiser enough to see the movement of the market of certain coins at first. Then, we can see the chance of the coins to be able to rise up again or not. Alternatively, we can do DCA in buying the coins. But for me, i will prefer to only buy top coins like Bitcoin and Ethereum.
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May 13, 2022, 02:27:07 AM
 #62

I dedicate some of my stablecoins to buying every time bitcoin falls to the values I have indicated. Nevertheless, even when bitcoin went up, I continued to accumulate it
remember that sometimes we need to analyze well the situation in the market before buying in order to prevent massive losses. as you can see bitcoin keeps falling until now so if you keep buying everytime it fluctuate as well surely your money will be burn after all. Be wise mate to protect your money learn how to TA because it's a big advantage in such situation.
Smitty Werben Man Jensen
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May 13, 2022, 08:47:21 AM
 #63

I dedicate some of my stablecoins to buying every time bitcoin falls to the values I have indicated. Nevertheless, even when bitcoin went up, I continued to accumulate it
remember that sometimes we need to analyze well the situation in the market before buying in order to prevent massive losses. as you can see bitcoin keeps falling until now so if you keep buying everytime it fluctuate as well surely your money will be burn after all. Be wise mate to protect your money learn how to TA because it's a big advantage in such situation.
I agree with that because indeed with any market conditions, especially conditions like today, we cannot make decisions arbitrarily.
things that are mandatory to do analysis before making a decision,
at least by doing that we can minimize the risk and that's a good thing

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May 13, 2022, 08:54:44 AM
 #64

I'm itching to buy recently ago when the price is around $25k in Bitcoin but all of my money is still in cryptocurrency and I don't have any more money to purchase at that price, right now I am still on the edge all of my coins were at the negatives from the time that I bought it.

ya.ya.yo!

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May 13, 2022, 09:05:54 AM
 #65


 
What do you think about the current bear run, will it turn around? What price for bitcoin do you track? Will we get on the big green planes?
 
I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.


Many analysts said Bitcoin will go down more than now, but right now it's not a bad price to go in, but don't all in since you should save some dollars to go in again in case the price drop to the lowest. If you're willing to buy alts from the top 100 better to do some research first or just go for the top ten altcoins since it's a lot safer.


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Maestro75
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May 13, 2022, 11:32:07 AM
 #66

Please be wise and also careful during this market condition. we still don't know if the market will continue dropping or not.
Although if we want to buy, don't buy panic and feels itching to buy. It is risky because the market may continue dropping.
Like what happened to Luna.

Nobody will tell you they know where the bottom is and at what point the market direction will change. For those itching to buy now, make sure you are doing that with money that is not in urgent need. You can be lucky that price will change upward direction and you can be unlucky too it goes down more. Alot of traders are buying and thinking price will start going up but it continues to go down. No, Luna's case was not caused by a bear market. It is a technical issue and Luna's shift to depeg to BTC pair.
AicecreaME
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May 13, 2022, 12:45:42 PM
 #67

Buying after a huge crashed from the All time high price is a boss move, however, it could dip even more but of course we're not sure. Buying during this kind of season would test your patience, because it might take years again before the market starts to rise again. So we have to be careful on what we are going to do for our funds not to go in vain just in case the coin that we bought will be delisted, something like that, just like what happened to LUNA.
Anders_Bitcoin (OP)
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May 13, 2022, 01:45:04 PM
 #68


And I'll get back to DCA: it looks like 10th of May was a sort of trap and today was another pretty good opportunity to buy. If you DCA you still have funds for this kind of opportunities. (But I really don't know whether it'll go up and continue to go lower from here...)
Yeah, seems like May is something bad for the whole crypto, but then we're all into the fact that the market shall move in 2 directions as it having a balance. It's my first time seeing a coin diving like crazy, probably a dead one coz it is -99% down for the last 7 days. I don't feel like buying now is a good decision, still need to wait for some confirmation that the bloodbath is done.
You're talking about LUNA? I'm not sure what's in store good for her other than the end
Taskford
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May 13, 2022, 01:52:40 PM
 #69


And I'll get back to DCA: it looks like 10th of May was a sort of trap and today was another pretty good opportunity to buy. If you DCA you still have funds for this kind of opportunities. (But I really don't know whether it'll go up and continue to go lower from here...)
Yeah, seems like May is something bad for the whole crypto, but then we're all into the fact that the market shall move in 2 directions as it having a balance. It's my first time seeing a coin diving like crazy, probably a dead one coz it is -99% down for the last 7 days. I don't feel like buying now is a good decision, still need to wait for some confirmation that the bloodbath is done.
You're talking about LUNA? I'm not sure what's in store good for her other than the end

For now LUNA is really been demolished and seems it will go to 0 value due to the issues happening. For other who want to start for buying or place your position maybe they should learn to study first the market because its really bad to buy at the top especially if the price keep dumping for more longer times.  But I'm monitoring this token and thinking to buy some when the price dips.

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Anders_Bitcoin (OP)
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May 13, 2022, 02:04:01 PM
 #70

Will the current investment funds be replaced in a few years by other funds that will launch a new bull market? I don't fully understand what is contributing to this sharp decline
When I was trading for the first times back in 2015, I used to dwell on such questions and never got the answer to them, while not making the trade that I should have. I learnt a lesson that you should treat the market prices as numbers, nothing more. If it is going down below your last buy price, buy again at a targeted lower price and set a sell order at higher price once that is executed.

Think too much on reasons behind movements and you will be in a dilemma to trade. In the long term bitcoin will go up, so every opportunity to buy, seize it. Do check S/R levels though before deciding to buy.

[offtop] I would be very grateful if you could explain how you do multiple responses in one post Smiley
In the page where you type replies, there is a "Topic summary" below the reply field. You can scroll down and click the "Insert quote" button on the top right corner next to the older posts to quote that in the reply field right next to your current cursor position.
Thank you for your answers Smiley
Anders_Bitcoin (OP)
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May 13, 2022, 02:16:03 PM
 #71


And I'll get back to DCA: it looks like 10th of May was a sort of trap and today was another pretty good opportunity to buy. If you DCA you still have funds for this kind of opportunities. (But I really don't know whether it'll go up and continue to go lower from here...)
Yeah, seems like May is something bad for the whole crypto, but then we're all into the fact that the market shall move in 2 directions as it having a balance. It's my first time seeing a coin diving like crazy, probably a dead one coz it is -99% down for the last 7 days. I don't feel like buying now is a good decision, still need to wait for some confirmation that the bloodbath is done.
You're talking about LUNA? I'm not sure what's in store good for her other than the end

For now LUNA is really been demolished and seems it will go to 0 value due to the issues happening. For other who want to start for buying or place your position maybe they should learn to study first the market because its really bad to buy at the top especially if the price keep dumping for more longer times.  But I'm monitoring this token and thinking to buy some when the price dips.
All they have to do is adjust the UST provisioning algorithm. It's easy, but I've seen news reports that they are being denied funding for this process by some foundations
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May 13, 2022, 02:21:11 PM
 #72

Buying after a huge crashed from the All time high price is a boss move, however, it could dip even more but of course we're not sure. Buying during this kind of season would test your patience, because it might take years again before the market starts to rise again. So we have to be careful on what we are going to do for our funds not to go in vain just in case the coin that we bought will be delisted, something like that, just like what happened to LUNA.
Luna has become a hot topic of late, where this altcoin can drop up to 98% in just an instant. buying at the current state is good for top coins, but to buy luna I think you have to wait for the latest news first, considering it is very risky. For those who are experienced, I think something like this is actually used as an opportunity to find a buying area, but prepare capital if there is a decline again, because we don't know for sure when the bearish season will end.

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May 13, 2022, 02:27:02 PM
 #73

Please be wise and also careful during this market condition. we still don't know if the market will continue dropping or not.
Although if we want to buy, don't buy panic and feels itching to buy. It is risky because the market may continue dropping.
Like what happened to Luna.
We can be wiser enough to see the movement of the market of certain coins at first. Then, we can see the chance of the coins to be able to rise up again or not. Alternatively, we can do DCA in buying the coins. But for me, i will prefer to only buy top coins like Bitcoin and Ethereum.
I use them for diversification and they are very good in this regard. Considering that alts dropped by more than 50%, bitcoin lost only 10% and ethereum 17%
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May 13, 2022, 02:38:05 PM
 #74

Buying after a huge crashed from the All time high price is a boss move, however, it could dip even more but of course we're not sure. Buying during this kind of season would test your patience, because it might take years again before the market starts to rise again. So we have to be careful on what we are going to do for our funds not to go in vain just in case the coin that we bought will be delisted, something like that, just like what happened to LUNA.
I think should include in our watctlist those projects that were built in a bear market, such as eth, maker and so on
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May 13, 2022, 03:25:05 PM
 #75

Hi guys. I'm newbie here. Wanted to hear your opinions.

These red candles got me wanting to itch my itch. I know about DCA. I think little more of a drop and we reverse. Just trying to not get too eager. I'm trying to catch this bitcoin bounce by setting two additional limit orders to open a long position on wowswap exchange.
 
What do you think about the current bear run, will it turn around? What price for bitcoin do you track? Will we get on the big green planes?
 
I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

Is it now worth continuing to trade on decentralized exchanges with little liquidity, such as wowswap?
It is worth because traders trade on centralized exchanges, but some of them begin to transfer their assets to the wallets to continue to work already on decentralized exchanges due to the panic in the market
I think dexes are more secure, for example, I could not do anything with my LUNA (if I had them) if they stored on a cexes, much more reliable purse and work on the dexes I think
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May 13, 2022, 03:26:04 PM
 #76

Bitcoin might be safer to buy because who knows it might fall further but the resistance around bitcoin price might not permit a complete crash but for altcoin it's risky out there. Most projects in the alt coin cycle might not recover from this crypto dump to be on the safer side hold on to project with economic value
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May 13, 2022, 06:51:56 PM
 #77

Bitcoin might be safer to buy because who knows it might fall further but the resistance around bitcoin price might not permit a complete crash but for altcoin it's risky out there. Most projects in the alt coin cycle might not recover from this crypto dump to be on the safer side hold on to project with economic value
Not totally safe because even sticking with bitcoin it wont really give out any assurance but if speaking with potential then there's no doubt about on bitcoin.If you are really that going for long term
then buying back into these levels arent really something an issue for you to mind of but if you do go for shorterm then this is where you do really mind off on when you would be buying.
This is where experience and knowledge or skills do matter on each person and buying decisions will vary so its up to you and since its your money then you do have the full
rights but of course you are held accountable with your own actions.

R


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May 13, 2022, 07:08:12 PM
 #78

Buying right now is a great idea since it bottomed out so much. However, you should be careful about buying all-in right now, it could still go down more, so you should be careful. Buy with 30% or so of your cash right now, and put some orders at 25k, and some orders at 28-29k as well, so if it goes up then you buy some more so you do not miss out, and if it goes down then you buy some more and you do not lose too much.

If you do it this way, then it means that you are ready for anything that could happen in the future, I personally believe that it would be a difficult thing to do but it is not an impossible thing to do neither, just need to be careful picking where and how much.
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May 13, 2022, 07:22:13 PM
 #79

I would advise you to think very carefully. Now the situation is quite difficult, so you need to be as careful as possible.
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May 13, 2022, 07:48:29 PM
 #80


I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

This is the actual time to buy altcoin because all prices are down now, so buying at this point can yield more profit, this because of the trust people have in bitcoin, as you can see all Altcoins price depends on BTC price, so this is the right time to get your portfolio filled with Altcoins that have a high potential to rise again and are not a dead project.

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