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Author Topic: Who’s itching to buy?  (Read 907 times)
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May 18, 2022, 02:31:53 PM
 #101

to decide to buy you should not be in a hurry.
to what extent the price decline will occur no one can know for sure, but now it looks like the sharp decline has ended the price has stabilized in the last 24 hours. maybe if you believe that Bitcoin or Altcoin will be able to get back up at a time like this it is very appropriate to buy.
however, I myself believe that the market will recover until I have exchanged my stablecoin for several Altcoins that I believe in.



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May 18, 2022, 08:51:24 PM
 #102

~
Surely it will. I mean we've been in this kind of trend since the 2018s, though I am not sure about you since you probably have more experience than me in this market as I hopped into crypto early 2017, so I apologize if there would be a little bit of inexperience from my comments. Cheesy
I'll just buy more Bitcoin whenever I have the extra coin to do so and just never look the charts for a week.
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May 18, 2022, 11:01:26 PM
 #103

to decide to buy you should not be in a hurry.
to what extent the price decline will occur no one can know for sure, but now it looks like the sharp decline has ended the price has stabilized in the last 24 hours. maybe if you believe that Bitcoin or Altcoin will be able to get back up at a time like this it is very appropriate to buy.
however,

Its hard to buy in rush situation since we don't know the outcome of the market at the end of the day also we should do more careful technical analysis on how the market flow since if we bought at wrong position then provably we will just get panic if the price fall. So best to wait for ideal price to buy since we don't have anything to wait and it seems we will not see any huge pump for this year.

If you just believe on bitcoin and you think for long term hold then maybe any price will be suitable since most provably in next halving we can see good price action towards bitcoin at that time.

R


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May 19, 2022, 07:14:38 AM
 #104

Market will rebound back, it is just a matter of time. Like I have seen for the last few years it is a cycle and we are in the bearish phase of the cycle. It is important to sustain through the bear phase and buy the asset at lower than average prices so you can sell during the bullish phase.

Questioning why it happens or what to do if it never goes back up will waste your time and is irrelevant. Whenever a bear cycle starts such sentiments are common and need to be avoided.

There needs to be a balance of what to do during bear and bull phases so it never feels like you are not able to do anything while the market moves. That gives a sort of mental cushioning. Additionally one can move to fiat based markets if they have experience in the same for the time being.
The bottom this cycle was around 26k, some places even saw as low as 25k but let's take it as 26k. We are already above 29.5k and that is why I believe that it is something much better. I do not know what to say, because if that isn't a recovery then I do not know what a recovery is.

I know that it's going to be quite a big deal when the price hits 40k+ because that is what people are expecting right now, and there will be some people who say "it is recovered" when they see 40k, but there is like 30% difference between 30k and 40k, so why not take advantage of that as well? Just out of fear, many people miss that.

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May 19, 2022, 09:55:23 PM
 #105

I have moved past this buying itch recently. I already bought at around 28k+ levels, under 29k of course, at around 28400's and that was good enough. However, I have to say that I could have bought lower, and this is enough for me and I will just wait. I had a lot of purchases beforehand, so this isn't my first, I bought from all over the place, from much lower much higher, everywhere.

So, it is going to be fine for me to keep holding it for many years to come. I will never go down to loss if you ask me, it would be very difficult and bitcoin needs to crash beyond wildest expectations for it. Hence holding it doesn't seem too much of a difficulty to me.

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May 19, 2022, 10:47:45 PM
 #106

to decide to buy you should not be in a hurry.
to what extent the price decline will occur no one can know for sure, but now it looks like the sharp decline has ended the price has stabilized in the last 24 hours. maybe if you believe that Bitcoin or Altcoin will be able to get back up at a time like this it is very appropriate to buy.
however,

Its hard to buy in rush situation since we don't know the outcome of the market at the end of the day also we should do more careful technical analysis on how the market flow since if we bought at wrong position then provably we will just get panic if the price fall. So best to wait for ideal price to buy since we don't have anything to wait and it seems we will not see any huge pump for this year.

If you just believe on bitcoin and you think for long term hold then maybe any price will be suitable since most provably in next halving we can see good price action towards bitcoin at that time.
If you wont rush then you would really be missing out the train once it would make out some reversal? Some do really have this kind of mindset and made out immediate reactions to that.

Whenever do someone do sees for a declining market then we would really be having those thoughts in mind on searching for the possible bottom price where you would really be looking for.

Some might be that keen on taking up position due to some risk factor or something in correlated with emotions in the time on making out some trades.

R


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May 20, 2022, 05:52:35 AM
 #107

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.
Itching or being eager to buy and thinking of not getting in a little two early or perhaps when the market is about to start a reversal is how procrastination sets in. The truth is, anytime in the bear market provides one of the best opportunity to buy and not wait on a dip, its how some people loose oout.Even within the bullish market isn't a bad time to buy, you just have to make plans that would consider and accommodate the time from which you bought or invested. Most of it ends in hodling so, you've got to be ready to wait for a longer time, maybe a couple of years and surely, the profits would come around.
I say this while looking at bitcoin particularly, I can't say the se for altcoins as some end up dead or out of existence after a strong bearish market such as these.

R


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May 20, 2022, 06:55:41 AM
 #108

The thought of stacking up my coins is always on my mind. With prices so cheap right now, I’ve been telling my family and friends that this is their time to get in. Over the years, so many of those closest to me have been asking me about Bitcoin but many havent invested because they say that I got early. What they don’t understand is, it’s not necessary that I got in early, I just got in when prices were cheaper. Now, with prices so good, I am definitely itching to pick up more. I hope those closest to me take this opportunity to get in because this is a great time to buy.

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May 20, 2022, 01:26:59 PM
 #109

Obviously this seem as a good time to be. However I think it is still to early. Do not be fooled we are in a bear market, and I believe we will be for the most of 2022 even 2023, so in my opinion I think you should wait, although I do not think BTC will go lower that 15k.
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May 21, 2022, 12:32:40 AM
 #110

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
I think that the people who have enough money to do it are thinking at the moment of buying and then doing Hodl, if it were in my hands to buy it I would do it without thinking about BTC, then as a second option I would do it for ETH and then for Monero, to my ETH and MONERO are the currencies with the highest survival capacity, it is for this reason that without a doubt my first option to buy would be the BTC, I would not mind if after I bought it it went down a little more, I would save and have to wait as long as be necessary.

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May 21, 2022, 12:54:55 AM
 #111

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
I think that the people who have enough money to do it are thinking at the moment of buying and then doing Hodl, if it were in my hands to buy it I would do it without thinking about BTC, then as a second option I would do it for ETH and then for Monero, to my ETH and MONERO are the currencies with the highest survival capacity, it is for this reason that without a doubt my first option to buy would be the BTC, I would not mind if after I bought it it went down a little more, I would save and have to wait as long as be necessary.

Given the options? I would rather just buy BTC and ETH, but that's just me.
But I do agree that this is the perfect buying opportunity for those who have enough money because the price is at a discount, BTC below $30k? that's damn good price already. And all you will do is buy a ton and then let it sit in your hardware wallet (recommended if you are buying a ton), protect your private keys and come back in the next 2 years. So I guess everyone is itchy to buy at this point but not everyone can buy, that's the dilemma.

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May 21, 2022, 05:26:27 AM
 #112

Quote
to decide to buy you should not be in a hurry.
to what extent the price decline will occur no one can know for sure, but now it looks like the sharp decline has ended the price has stabilized in the last 24 hours. maybe if you believe that Bitcoin or Altcoin will be able to get back up at a time like this it is very appropriate to buy.
however, I myself believe that the market will recover until I have exchanged my stablecoin for several Altcoins that I believe in.

I think, this is the right time to buy bitcoin or altcoin because their price has decreased to the level where both long term traders and short term traders can use a huge amount of capital to buy bitcoin and hold for a better future to come. Now that the price of bitcoin has dropped down to $28,000 few hours ago, it will be favourable for people to use this opportunity to invest more money on bitcoin because the price is preparing to increase higher for people to start earning profit from their investment. I believe before the end of this month bitcoin and altcoins price will hit higher for those that invested when the price is low to start rejoicing. 

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May 21, 2022, 12:53:27 PM
 #113

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.


I’ve already started DCA for Bitcoin this month without question. Could have ended up buying LUNA because of those temptations lol, but I’ve already decided to go for long term with Bitcoin. As of right now, only BTC and ETH are the worthy coins to do DCA.

I know that we are waiting for the right time to buy Bitcoin when it dips even more. But the reality is that there is no perfect timing. Regardless of the price movement of BTC, I have made a commitment to DCA with Bitcoin with my extra money (can’t say beer money coz’ I don’t drink that lol) which is to build wealth overtime.

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May 21, 2022, 02:21:08 PM
 #114

It seems to me that a trader should be confident in his actions. And to be confident in your actions, you should pay enough attention to training.
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May 21, 2022, 03:08:02 PM
 #115

The thought of stacking up my coins is always on my mind. With prices so cheap right now, I’ve been telling my family and friends that this is their time to get in. Over the years, so many of those closest to me have been asking me about Bitcoin but many havent invested because they say that I got early. What they don’t understand is, it’s not necessary that I got in early, I just got in when prices were cheaper. Now, with prices so good, I am definitely itching to pick up more. I hope those closest to me take this opportunity to get in because this is a great time to buy.
If it is always on your mind then why not do it instantly? Instead of penalizing your own self. You know, the clock is ticking and the price is moving. In no time we are going to see higher prices again. If you can tell others about buying now then you should better do it in your self first because others will ask you if you have already done it. It gives them confidence and they won't think that you are only fooling them for them to suffer a loss.

You should explain to them that it is not late yet to invest in bitcoin because there's more to come in bitcoin now that the adoption still continues to grow. It is necessary that you got early because in earlier times, the price of btc is a lot cheaper. Not only price or about investment but the perks of getting in early is that you are now more knowledgeable about cryptos as when compared with others.
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May 21, 2022, 07:26:05 PM
 #116

It seems to me that a trader should be confident in his actions. And to be confident in your actions, you should pay enough attention to training.
Confident on the sense that its been backed up with right analysis and research rather than on being too confident with just relying with hunches and blind shots in regards to your trading decisions.

Buy when everyone is on fear which had been a pretty basic kind of concept on trading/investment but this is something that cant really be done easily thats why lots do really miss out
opportunity just because they havent able to get in while the market is still on reds thats why making decision is really hard.If you could bare the risk then you would go ahead.
I had already done myself but of course on the money which is only extra or i wont cry if ever the price goes down more.
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May 22, 2022, 12:50:58 PM
 #117

I'm not ready to buy more BTC yet, but I've been stacking some Coinbase shares. It's partly a bet on USDC as they own 50% of it. You know how USDC makes money? Interest. Rising interest rates are a good time to be in the stablecoin business.

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May 22, 2022, 01:50:09 PM
 #118

You can indeed use the top 100 altcoins as a reference. but you should also consider developer and project updates. The LUNA case should be a lesson for us. even the altcoins that are at the top can also fall.

I just wanted to share my own experience when I didn't read anything and missed the news regarding the LUNA case. seeing the price being at the bottom makes me itch. and finally, I bought it. a stupid decision that almost threw my money away.
I was lucky it was really at the bottom, then in no time a bounce occurred and I immediately sold it. so stupid I bought without research. just lust when I see a cheap price and then I panic to buy it.


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May 22, 2022, 03:49:09 PM
 #119

You can indeed use the top 100 altcoins as a reference. but you should also consider developer and project updates. The LUNA case should be a lesson for us. even the altcoins that are at the top can also fall.

I just wanted to share my own experience when I didn't read anything and missed the news regarding the LUNA case. seeing the price being at the bottom makes me itch. and finally, I bought it. a stupid decision that almost threw my money away.
I was lucky it was really at the bottom, then in no time a bounce occurred and I immediately sold it. so stupid I bought without research. just lust when I see a cheap price and then I panic to buy it.
by looking at a deep decline, at least there has been a decline of up to 50%, so it's not surprising if we look for a buy area, especially in our minds Luna is a solid altcoin, but in reality everything that happened was beyond our expectations, so I don't think what you are doing is not stupid act, but technical analysis is appropriate, it's just that the fundamentals may not have been studied, lucky you are still safe by selling again when the bounce occurs

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May 22, 2022, 07:11:46 PM
 #120

The thought of stacking up my coins is always on my mind. With prices so cheap right now, I’ve been telling my family and friends that this is their time to get in. Over the years, so many of those closest to me have been asking me about Bitcoin but many havent invested because they say that I got early. What they don’t understand is, it’s not necessary that I got in early, I just got in when prices were cheaper. Now, with prices so good, I am definitely itching to pick up more. I hope those closest to me take this opportunity to get in because this is a great time to buy.
That will be something in our mind constantly, because we know that bitcoin has been a thing for a long time and it always brings profit in the long run and it will do that again in the future as well. This means that we could always end up with a better result in the long run and it will not change that easily.

I believe that no matter how low it gets, it will always recover and it will always get a lot better in the near future. What we could be making right now would be a 2x profit even when it is under ATH price, so we could be doing a lot better very quickly and knowing that we could be making a good profit is the reason we want to collect as much as possible.
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