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Author Topic: Holding my horses for now  (Read 600 times)
Wincob (OP)
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May 24, 2022, 04:58:33 AM
 #1

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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cryptoaddictchie
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May 24, 2022, 05:03:58 AM
 #2

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Thats the problem we cant eventually foresee at what price bitcoin would be dipping. So the better move is do a dca on it so you could average your buy even its go down. No one can predict accurately the bottom unless you are a fortune teller and most especially only use money you arent scared to lose cause it may go down so its quite dangerous for you to use hard earned money.

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May 24, 2022, 05:13:08 AM
 #3

Since tomorrow looks uncertain I just buy with a few percentages of my USDT, as time goes on if BTC goes below 25k I will buy again and if we see 19k per BTC I will buy again, these are buying opportunities that may never happen that's why you should use a stable coin to buy bit by bit.

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May 24, 2022, 05:18:35 AM
 #4

If you speak correctly, then buying bitcoin is always relevant. You cannot predict what the course will be tomorrow or after some time. Unfortunately, no one has a crystal ball. However, investing in bitcoin on a regular basis, regardless of the course, may be a wiser move than waiting for a better day.

Sometimes bitcoin surprises us very much, after which we again hear such regrets from people who complain that they did not have time to buy it at the best price.

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May 24, 2022, 05:34:44 AM
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 #5

Obviously buying cheaper is better, but how do you know how cheap it will reach? It's possible that it will, but what if bitcoin didn't reach 19k at all?

If you don't know what you're doing and you only want to invest for the long term, just do dollar-cost averaging. https://dcabtc.com/

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May 24, 2022, 05:42:49 AM
 #6

It is possible that Bitcoin can reach 19k but not promised, this is why you need to use half of your money to buy Bitcoin now, 28,000$ is possible though, more realistic than 19k per Bitcoin, assuming you have 500$ to spare, use 200$ to buy at 28-29k per Bitcoin and wait for any possible downtrend, if another happens like 24k then buy again and wait for another possible down trend, remember that Bitcoin isn't like those shit altcoins, you are investing in something worth holding for long term here so it's worth any penny.

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May 24, 2022, 05:47:10 AM
 #7

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

If you are asking profitability wise, Buying early as possible is the best thing to do if you are investing long term but if you are just buying just because you will use it for your bills and payments then it's still the same if you buy now or later since the fiat value of Bitcoin at the particular day of purchasing it matters most since you can't predict the price onwards. Predicting the future price is very hard to do but having faith in Bitcoin price will grow more in the future is your only weapon if you are planning to invest in it long term. Remember that those who are faithful to Bitcoin in long term get the most benefits.

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May 24, 2022, 06:10:00 AM
 #8

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

You are doing the opposite of what you should be doing. Rich people buy when it's cheap. Poor people, at times like this, panic and stop buying or even sell at a loss. I am not telling you this as an investment recommendation but if you do some research on the subject you will see that it is as I say.

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May 24, 2022, 06:36:33 AM
 #9

Usually this is the problem of everyone who wants to get the idea if the current price is the dip. But, you'll never know if the price is already the bottom of it unless we see that it's moving up ahead and leaving the current price level.

There's a solution to this but this would depend on how much budget you've got. I think others have been doing already the DCA on this problem you've addressed.

So if you think that the current price is low and you worry that there will be a lower price soon but you truly want to buy, just buy like a portion of it. Maybe 5% or 10%, 15% or 20% depending on how much you're willing to buy for the moment.

And then just do it again if the price goes lower. This sounds easy and not a good idea for the others, but is there any other thing you could do upon spotting the lowest?

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May 24, 2022, 06:36:52 AM
 #10

Is buying bitcoin right now the same with buying later?
Not in my view. The price is constantly changing, so the value of bitcoin you would get for say, 1k usd now, is not the same you would get in a month or even the next day.

I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin
Imagine buying at 39k usd instead of the current price of 29k? That is the risk you bear when you try to speculate the price and predict the bottom, it can go up or down.
Historically, you could have bought one bitcoin at 1000 dollars, or 100 or even 10, so rather than trying to save up on some investment money, It seems better to buy when you can and hold as it would not matter much in 2,5 or 10 years what price level you bought at.

I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
When to buy is important, but what could be more important is knowing how much to invest and building patience to hodl through changes in the price.

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May 24, 2022, 06:48:25 AM
 #11

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
It depends on how long you want to hold bitcoin, if you buy now, you and you want to hold it for like three years, it is a good idea.

You can use different strategies and approaches.

Like dividing the money you want to use to buy bitcoin into like four, setting plan to buy more if the price continue to decrease. If the lowest price you want is $19000, the price of bitcoin now is at $30000. You can buy at $25000, $23000, $21000 and $19000 if bitcoin possibly fall to that price.

There will be a time bitcoin price will decrease more, but you will have to wait for months for this to happen or just invest and see your money grow within 3 years from now is my personal advice.

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May 24, 2022, 07:36:15 AM
 #12

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
To even shock you, I read someone made a forecast that Bitcoin will plummet to $14k – $15k. As scary as that is, it won't be out of place if it happens. Though I believe that won't happen. My confidence that it won't happen stems from the fact of the involvement of institutional investors who are long term in their investment approach. This will, in a way, help steady the tide of further collapse of the Bitcoin market. However, whatever happens during this bear I will remain unfazed. I've seen worse in this industry to make me panic now. I guess that should also be the attitude of users here. OP, you can DCA or you pend around where you think the market can revert. Don't wait for an imaginary bottom. It doesn't exist in the real sense.

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May 24, 2022, 01:02:46 PM
 #13

It is very difficult to predict bitcoin prices, ups and downs.
The wise strategy is not to buy everything at once but in stages, depending on the movement of the price of bitcoin.
Likewise, bitcoin should be sold, in stages, depending on the movement of the bitcoin price, and you should also have a clear investment plan and exit strategy.
It's never the wrong time to buy bitcoin, but beginners often make mistakes and react emotionally to changes in the crypto market, and often under the influence of emotions sell prematurely and lose money.

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May 24, 2022, 01:26:51 PM
 #14

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
it's called principles and beliefs, nothing is forced, follow your heart and mind your, it's better than everything.

Bitcoin users have their own analysis and tricks, some make long and short term investments, others trade depending on their level of expertise in trading, bottom line: you want to buy now a good idea and you want to buy Bitcoin tomorrow and the day after that is also a good method, the thing is, why do you buy Bitcoin and wait for the price of $19k, how much Bitcoin do you want to buy and how after you buy it at $19k and it goes down again to $6000 as it used to be.

If i can suggest you do a Bitcoin trading method in a given time, if you understand crypto market chart analysis, instead of having to wait $19k.

R


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May 24, 2022, 01:30:00 PM
 #15

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
It will be different because if you are now buying bitcoins at $29k and a few days later, they are $28k or even $30k, you will see how many bitcoins you bought. From there, you should know when you can buy bitcoins.

We don't know if this bitcoin decline will occur because there is no sign of bitcoin's movement, but we can analyze where the trend is from the bitcoin price movement. We can decide whether to buy or wait a little longer because the trend will fall again. But it's better if you buy bitcoins at every lowest price level because that will allow you to have more bitcoins.
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May 24, 2022, 03:13:47 PM
 #16

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin
Every market tendency presents a new opportunity but once you have bought at the previous bottom price which is the 19K price range you can hold on until the market downtrend below 19K thats if your major plan is to hold for a long term.

I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Buying cheap is the best entry point in cryptocurrency investment but the whole investment idea is buying the dip and choosing the perfect coin in the market. However, if you don't have portfolio management knowledge it is better you choose 2-3 best coins.

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May 24, 2022, 03:38:17 PM
 #17

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Bitcoin is currently trading at $30,000.  This price has been around for a long time ....

What is it - accumulation or distribution?  That's a very difficult question.  

These questions are called $1,000,000 questions.  A trader who answers this question correctly can make huge profits.  

The price of Bitcoin has recently fallen well below $30,000.  However, the price then returned to just below $30,000 again.  

What will happen next?  Price increase?  Price drop?  

If you are a long-term investor, then in my opinion you can buy a certain amount of Bitcoins.  If you are a trader, then the answer to the question is not so clear.  

In my opinion, even in a bear market, the $30,000 price of Bitcoin is quite reasonable and fair.

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May 24, 2022, 04:22:36 PM
 #18

A great way to invest in cryptocurrencies is buying some coins and holding them for a couple of months or even years. Buying the dips will make your money grow faster. However, this method is tricky, you need to keep track of the price of the coin you are buying and be sure to get the best value for your crypto investment. Even if the price goes down, that is not a reason to sell it if you believe in the coin's growth. Wait for the correction and at that point you will find that it was a good call and will likely have huge returns in the future. Selling at a profit is a good idea to rebalance your investment.

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May 24, 2022, 05:48:09 PM
 #19

Is buying bitcoin right now the same with buying later?

obviously no, the opportunity renderd today may cease to exit tomorrow when bitcoin would have rise high, now that it is low is the better  opportunity to invest no one can predict tomorrow, but making an investment today will always be a better privilege even though it runs bearish after your purchase, there is assured confidence in it capacity to rise back.

I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

it is better and safer to make a buy on bitcoin and not on altscoin because of uncertainties, other cryptocurrencies that rises within a little space of time dropped drastically as well in that same direction, you can target buying bitcoin when the market is cheap but it's not advisable to act this on altscoin because some may not rise again after their fall.



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May 24, 2022, 09:24:45 PM
 #20

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
If you keep on hesitating when to buy, you might lost the opportunity in front of you. So just do DCA, buying at every price drop particularly if you are waiting for the best buy. No one holds what the future of bitcoin, whether it will drop its price more or recover eventually, then at least you already accumulated bitcoin in your portfolio and that's the good thing about DCA. You never lose anyway, but the fact that you already bought bitcoin and prefer to hold it for long term, then there's good profits waiting for you ahead.

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May 25, 2022, 10:59:54 AM
 #21

The market is uncertain as to when price of bitcoin goes up or down. When you think it is over, that’s when you’ll see a whole turn around you never expected in the market. The best thing to do is to buy when you’ve some money with you that can afford the current price of it. Waiting for it to come down to a particular price might never work and might just see a bull run soon. Knowledge is power, if you understand how the market works you’ll know when to buy, sell or hold.

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May 25, 2022, 11:03:52 AM
 #22

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Bitcoin is currently trading at $30,000.  This price has been around for a long time ....

What is it - accumulation or distribution?  That's a very difficult question.  

These questions are called $1,000,000 questions.  A trader who answers this question correctly can make huge profits.  

The price of Bitcoin has recently fallen well below $30,000.  However, the price then returned to just below $30,000 again.  

What will happen next?  Price increase?  Price drop?  

If you are a long-term investor, then in my opinion you can buy a certain amount of Bitcoins.  If you are a trader, then the answer to the question is not so clear.  

In my opinion, even in a bear market, the $30,000 price of Bitcoin is quite reasonable and fair.
30k per Bitcoin isn't a reasonable price in a bear market, you will be shocked what will happen to bitcoin price as time goes on, manipulation is always at play in the crypto space and that's why the price will go lower than many expected.
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May 25, 2022, 12:00:59 PM
 #23

30k per Bitcoin isn't a reasonable price in a bear market, you will be shocked what will happen to bitcoin price as time goes on, manipulation is always at play in the crypto space and that's why the price will go lower than many expected.
If so, it's better to wait a bit until the price can drop below $30k and it's already at $29k so he can try to buy it at the current price. Manipulation is likely to continue, especially when large corporations have started to join in and buy bitcoins in large quantities. So get ready to feel the rise and fall that will occur more often than in previous years. But you shouldn't panic if the price will be like a roller coaster because that's how the price will move later.

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May 25, 2022, 12:16:16 PM
 #24

Well in a sense 1BTC will stay 1BTC later, so I guess it'd be the same. If based on the USD price then honestly, that's just a question that has no answer. If it goes down below $30k, you'd probably ask "what if it goes below x amount", and that just loops. If you have the money, then just buy-in and hold it for the long term. You'd probably lose out in the early days, but Bitcoin is a well-known asset that does well in the long term, so look farther instead. If it was shorting then you might want to play around instead of waiting for a lower price. Buy the dip and sell immediately if it pumps(as long as you profit, no matter the amount) then rinse repeat.

R


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May 25, 2022, 12:21:42 PM
 #25

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Taking decisions whether on when to buy will always depends on your decision because not every position if best to take and it always matter on what you can afford to avail. If your afraid for more dumps to come since you cannot take to lose more money if there's a dip come better wait for more days before you take your position and also better not to hype up on some people telling about bull run since you are just wasting your opportunity to secure your profit. Just enjoy to earn and do short trades at the moment since I believe the bull run we are waiting will not gonna happen this year.

R


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May 25, 2022, 05:40:33 PM
 #26

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
the problem is that no one knows for sure whether the price of bitcoin will continue to dip or not...

The healthiest way to invest Bitcoin imo is to set your target price. for example, you buy bitcoin at the current price then the bitcoin price drops, you don't sell it, keep buying or hold until the bitcoin price hits your target (eg $50k/btc). one thing is for sure, the price of bitcoin will definitely continue to rise.



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May 25, 2022, 07:32:32 PM
 #27

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Would really be that normal that we would really be boggled up with those questions in mind in speaking with bottom prices on where we do presume out that the price
would go down even more further which it would really be a hindrance on making step of accumulating with this low prices honestly but it do really have that kind of
chance to go down and this what makes us stop on making decision which is something a very common problem for us traders who do really mind off about shorter
time frame kind of investment decisions unlike to those who do tend to hold for long term.

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May 25, 2022, 09:45:19 PM
 #28

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Buy now before you miss another opportunity again and be sorry in the end. Or much better do DCA because i think bitcoin will be much cheaper in the next possible days. If you just keep on watching the value of bitcoin dropping without any good move, you may not take advantage of its affordable price and find out that bitcoin starts to recover again. So always seize the iron while it's hot, only by then you will not miss any golden chance.

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May 25, 2022, 10:24:28 PM
 #29

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

It is true that if we can buy Bitcoin at a cheap price, it is much better, because the profit we will make will be much greater. The problem is
the price of Bitcoin is very difficult to predict, no one knows where the price of Bitcoin will move. We all can only predict with the results of
the analysis that we each do, and that does not guarantee accuracy. So it's not necessarily Bitcoin will drop to the price of $19k again,
what if in the near future the price of Bitcoin suddenly pumps and returns to the ATH price. There you will be more regret for missing the opportunity
to buy Bitcoin at a price of $ 29k, so my advice is to invest Bitcoin regularly according to our respective financial capabilities, it is more effective to do
than to have to wait for the price of Bitcoin to drop to the lowest price, which no one knows to what extent the price of Bitcoin will fall.

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May 25, 2022, 10:26:18 PM
 #30

if you believe there is still a decline then leave funds to buy at the lowest price in your opinion, but buying now is a wise thing because you still get the best price from the bear market this week because next week I hope the green candle will start to dominate

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May 25, 2022, 10:46:53 PM
 #31

if you believe there is still a decline then leave funds to buy at the lowest price in your opinion, but buying now is a wise thing because you still get the best price from the bear market this week because next week I hope the green candle will start to dominate
We are all hoping for the big/long green candle but making yourself get stress nor hoping that much will really be not good towards your emotion and psychological aspect thats why it would really be that wise

that you do make out steps according into the risks which you could actually able to bare out.If you dont have sources or money to buyback into these cheaper prices then better hold and wait because there's
nothing we can do since the market isnt something that you could rush and able to dictate on where it would be going.It will totally depending on the community support and demand
which could definitely make prices move.

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May 25, 2022, 10:51:28 PM
 #32

Is buying bitcoin right now the same with buying later?
Not in my view. The price is constantly changing, so the value of bitcoin you would get for say, 1k usd now, is not the same you would get in a month or even the next day.

That is why DCA (dollar-cost averaging) is an effective method to accumulate when the market is in a bear market.  Buying every dip is one of the better options if we wanted to accumulate and maximize the profit when the market recovers.

I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin
Imagine buying at 39k usd instead of the current price of 29k? That is the risk you bear when you try to speculate the price and predict the bottom, it can go up or down.
Historically, you could have bought one bitcoin at 1000 dollars, or 100 or even 10, so rather than trying to save up on some investment money, It seems better to buy when you can and hold as it would not matter much in 2,5 or 10 years what price level you bought at.

True, if we plan on holding BTC for a long time, buying it at any price won't matter because we are aiming to hold it and sell it until we see a good margin of profit.


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May 26, 2022, 03:01:03 AM
 #33

Well you can buy now, over pay a little or wait until it goes a little lower. The issue is you have no guarantee it will go lower.

Sure buying lower is better because you get more bitcoins for your money, however it might bottom before your entry and what do you do then?

Most will obviously buy on the way up and that it’s more dangerous because they can buy it and it can reverse and go back down again, just DCA for now.

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May 26, 2022, 03:21:08 AM
 #34

Well you can buy now, over pay a little or wait until it goes a little lower. The issue is you have no guarantee it will go lower.
as long as he has a fund that can keep for holding then Yes he can buy now and wait for a while at least.

Quote
Sure buying lower is better because you get more bitcoins for your money, however it might bottom before your entry and what do you do then?
Maybe keep the funds intact?

though he may have his own strategy to implement soon.

Quote
Most will obviously buy on the way up and that it’s more dangerous because they can buy it and it can reverse and go back down again, just DCA for now.
yups, it is more harder to speculate when the time price is climbing because most of the time? it is a trap from the whales .

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May 26, 2022, 04:01:53 AM
 #35

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Buying at this point is different if you buy later because we dont know if the price will move downward/upward right after you buy. So I think dont concern yourself on what will happen later and just focus on what you have to do now. Is the current price cheap? Do you have capital for buying? If yes then grab the chance. Otherwise you can do DCA strategy, and hold for long term.

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May 26, 2022, 04:18:14 AM
 #36

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Why not do DCA? or at least buy at every dip and see who it goes. Of course we want to buy during a floor price but the problem is that it's hard to predict what will be that price. There are predictions that it will go on it's previous all time high in 2017 of $19k, but it's just a speculation. So if I'm in your shoes, better buy right now below $30k, at least this is already a huge discount coming from the ATH of $68k. And when it goes down in the future, then buy it again, win-win situation for you.

R


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May 26, 2022, 04:18:19 AM
 #37

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over,
IT SEEMS LIKE? but if this does not come? what will happen lol. you will cry because of desperation .

Quote
imagine buying at 19k per Bitcoin,
then best to go back in 2018 kik, because today? i don't believe that Bitcoin will ever fall down to that level mate.

Quote
I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Buy cheap and sell high , that is the best way and strategy lol .

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May 26, 2022, 05:18:48 AM
 #38

if you believe there is still a decline then leave funds to buy at the lowest price in your opinion, but buying now is a wise thing because you still get the best price from the bear market this week because next week I hope the green candle will start to dominate
But we are already in lowering market , after drowning to 26k now Bitcoin recovered to 29-30k again and now this is the stable price .
is there any chance that we will go down below this? yeah of course? but the problem is what if the price grows up and stays in high? what would be the decision of OP? and what will he feel then?









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May 26, 2022, 05:47:34 AM
 #39

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Yes and it is always be, because either you buy now or you buy later still what we are tend to find is when the price will increase and this is all that matter mate.

so why consider waiting for lowest when the pump may happen sooner?

if that is the case then you will be missing the opportunity to make a good income when greed covers your intention in this market.

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May 26, 2022, 07:40:42 AM
 #40

Holding in my opinion is better than selling, if I sell now then I lose and hold is the best choice, even I plan to buy more because I see the price is falling, I will see progress in 3 days to buy if the current price can go down again

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May 26, 2022, 08:45:09 AM
 #41

Holding in my opinion is better than selling, if I sell now then I lose and hold is the best choice, even I plan to buy more because I see the price is falling, I will see progress in 3 days to buy if the current price can go down again

I agree with your opinion because if we sell at this time we will bear the loss.
Many people are not patient and immediately sell it even though if we are just a little patient then the profit will always be there even though there is not much, but we always have the profit.
According to what I see bitcoin charts will decline again in the next few days.
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May 26, 2022, 09:27:28 AM
 #42

Quote
if you believe there is still a decline then leave funds to buy at the lowest price in your opinion, but buying now is a wise thing because you still get the best price from the bear market this week because next week I hope the green candle will start to dominate
You are right, because the price just decreased down to a level where people can buy and wait for the price to move higher before they can sell to make profit. I believe you will not miss this opportunity to invest because many people are very busy to invest more money on bitcoin because the price will soon change positive to allow people to make profit from their investment.

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May 26, 2022, 10:01:03 AM
 #43

Is buying bitcoin right now the same with buying later?

Technically it's not the same, the price right now is about $29k, but maybe later it will be $19k (according to you), so that's a huge drop so your fiat can buy more bitcoin at the latter's price.

I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Well the point is that we don't know if the dip is over or if the price will continue to decline in the next couple of months to the point of capitulation at $19k. So there is no right or wrong answer here, if you buy now and then and then the price goes down then buy more. If the price goes up after buying at $29k then you made a small profit already.
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May 26, 2022, 11:08:11 AM
 #44

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
I think they are the same? Because, the price can always come back to where it was earlier and other than the price, you can also buy on the same time, like for example you buy btc this time at 8 am, you can buy tomorrow again at 8 am.

It's okay if you stop buying for a while because in the end, that was still your money, not ours and you know what is good for you. I also think that the price can still go down for more. I think up and down movements like this can last for a couple of months. The best thing is if you figured out the best coins in the market and at the same time, you figured out that it was already their bottom and you start buying them.

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May 26, 2022, 11:30:20 AM
 #45

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.


As a fellow pleb, I view it as completely understandable, and it will be better for your sanity. BUT, place bids near over, and under the 200-week SMA line. Bitcoin has touched it always during a bear market, but has never stayed under it for a long amount of time. THEN HODL. Cool

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May 26, 2022, 02:18:03 PM
 #46

Would really be that normal that we would really be boggled up with those questions in mind in speaking with bottom prices on where we do presume out that the price would go down even more further which it would really be a hindrance on making step of accumulating with this low prices honestly but it do really have that kind of chance to go down and this what makes us stop on making decision which is something a very common problem for us traders who do really mind off about shorter time frame kind of investment decisions unlike to those who do tend to hold for long term.
I do not think that people would make that type of decisions when they are considering the price going down.

I consider it as well, it could go down and I wouldn't be shocked about and that is why I do not buy all at once and start waiting for it, I do DCA and that means that even if I buy right now and the price goes down that means that maybe in the future that I could be managing another purchase that would be lower and I would be dropping the average and that would be something that I would be profiting from quicker when the price start to go back up. This is how you should be approaching and not just waiting for it go back up.

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May 26, 2022, 06:11:00 PM
 #47

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
No one can be certain about what will be the next price of bitcoin, enough reason why we should always make the most of it while its current price gives us more opportunity to invest. Before you miss another chance that i know will make you regret later on. Well, if bitcoin will stop at $19k, that would be a very great price as i supposed to buy a lot of bitcoin. If not, then maybe let's settle for the current price then buy and hodl.

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May 26, 2022, 06:54:05 PM
 #48

The only problem is the "what if?"  Cheesy Probably now you are wondering why your prediction doesn't happen yet. Because that is one of the characteristic of it's market. You will never know when a dump could happen again or it won't. That's why buying now or buying later is the same. You get the amount of Bitcoin now, it will stay that way as long as you don't sell a part of it.
The next puzzle is when to sell it after the purchase, in my part I have never found that number yet.
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May 26, 2022, 07:14:12 PM
 #49

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Obviously buying for a cheaper price is always the most optimal path if you are going long in any asset, however at some point you need to commit and buy bitcoin, now maybe you are right and the price will continue to go down during the next months and then you can buy bitcoin for a cheaper price, but what will you do if you are wrong and the price remains stagnant or it begins to go up? Because we have seen a lot of cases of people that wanted to grab bitcoin at a particular price and they never bought it as bitcoin never fell to those levels and they missed on some impressive profits because of it.
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May 26, 2022, 07:20:18 PM
 #50

What we need to learn very well is how the banks and hedge funds and other wall street types all around the world does it. What we are doing right now is go to work, earn a salary, try to save some of that, invest that,  hope that your investment goes up. I agree that these huge companies have a capital as well when they first start, but they do not really get rich just using that. Between getting loans, getting assets and leveraging them, getting other investors to join them and million other methods, they turn their 10 million dollars into like 150 million dollars worth of investment. Shouldn't that be the way we learn how to invest? Instead, we are here talking about when to get in, fearing to get in right now and other stuff, we shouldn't be afraid of going in, we should be figuring out how to get in even more without hurting ourselves.
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May 26, 2022, 09:49:11 PM
 #51

The only problem is the "what if?"  Cheesy Probably now you are wondering why your prediction doesn't happen yet. Because that is one of the characteristic of it's market. You will never know when a dump could happen again or it won't. That's why buying now or buying later is the same. You get the amount of Bitcoin now, it will stay that way as long as you don't sell a part of it.
The next puzzle is when to sell it after the purchase, in my part I have never found that number yet.
It would really be a never ending kind of question in mind in regarding about precise buying point or selling point since this market had been unpredictable since from the first day that's why we do keep on making out speculation from time to time and give thanks that we do have at least some trading tools even though it's not that precise but it's better rather than have no analysis at all.

Hold if you do see that the market could make recovery and don't tend to panic sell no matter what because it won't be called losses if you aren't selling anything.

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May 26, 2022, 10:44:51 PM
 #52

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Investment is not just that you simply invest for nothing, but it will be more valuable and profitable if you invest in those cheap coins with high potentials. So the lower the price, the more bitcoin you can buy and hold, the higher the profits you will gain in the future. But since bitcoin is dropping its price more, then we cannot tell that let's wait for its lowest price to maximize our investment, instead let's do DCA so we can always grab the chance to buy bitcoin in every price fall back. I guess it will be more safe that way.
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May 27, 2022, 06:28:03 AM
 #53

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Investment is not just that you simply invest for nothing, but it will be more valuable and profitable if you invest in those cheap coins with high potentials. So the lower the price, the more bitcoin you can buy and hold, the higher the profits you will gain in the future. But since bitcoin is dropping its price more, then we cannot tell that let's wait for its lowest price to maximize our investment, instead let's do DCA so we can always grab the chance to buy bitcoin in every price fall back. I guess it will be more safe that way.
and the longer we hold is the bigger the potential we can earn , there is nothing to rush and there is nothing to be worried , as long as you are buying and holding top coins specially bitcoin then I believe everything will be settled and take place as the time went by.
the only problem with investors are they are wanting an easy money while being desperate when they don't meet the expectation shortly .









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May 27, 2022, 02:18:44 PM
 #54

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
As a fellow pleb, I view it as completely understandable, and it will be better for your sanity. BUT, place bids near over, and under the 200-week SMA line. Bitcoin has touched it always during a bear market, but has never stayed under it for a long amount of time. THEN HODL. Cool
This is definitely a good advice, even a great one. I personally believe that it should be noted that it rarely goes down under but at the same time it should be noted that it could rearrange depending on how big of a crash happens. Like when it goes from 35k to 30k then it could tell you the reality and you could see what it should be doing, but when it goes from 60k to 40k, it doesn't show exactly what you are looking for and it will look like a buy chance all throughout.

Hence, there is nothing wrong with the current situation and we should be feeling fine about not buying if we want to wait a bit more. Or just put price in your mind, I will buy if it goes to 25k, and I will buy if it reaches 33k as well, and be ready for all possibilities.
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May 27, 2022, 03:02:20 PM
 #55

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Yes you are correct, buying cheap is always the best option. However, nobody knows how much dip does Bitcoin goes. What If the bottom dip is what the current Btc price right now? I guess that's not gonna entice you to buy even more right? Well, in that case you've just missed the dip and potentially Bitcoin might hit another ATH, and the next bottom might be $30k or $40k, does that sound cheap to you compared to the price of Bitcoin right now?
You see, buying or selling Bitcoin ain't really easy. You need not just analysis but a strong conviction and decisions.

R


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May 27, 2022, 03:27:34 PM
 #56

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

To be frank mate, no one has really seen the future right?
But guess what we have already known what is Bitcoin capable of ?
We have already witnessed that Bitcoins have reached 70k usd already. And now currently it’s at 28k usd.
It’s more than half down in it’s price.
So isn’t it a better price to buy Bitcoins now?
If you listen to me, buy as much Bitcoins as you can now.
Don’t be greedy, no one knows what will happen next in the few moments.

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May 27, 2022, 05:35:11 PM
 #57

Quote
if you believe there is still a decline then leave funds to buy at the lowest price in your opinion, but buying now is a wise thing because you still get the best price from the bear market this week because next week I hope the green candle will start to dominate
You are right, because the price just decreased down to a level where people can buy and wait for the price to move higher before they can sell to make profit. I believe you will not miss this opportunity to invest because many people are very busy to invest more money on bitcoin because the price will soon change positive to allow people to make profit from their investment.
Correction! It's, where most people think they can now afford to buy but that was only on their head, what I mean is that a price decline can only be an illusion but the truth is that people can buy on any amounts because most of these people won't still buy a whole bitcoin but what are they buying are just sats or satoshis, and they are doing the act called sat stacking.

If what you are saying is true that lots of people are investing now then why the price are still on the same level? The price should be at 60k now for Jesus sake but maybe it was true that people are not buying now because they believe that more dumps are still going to occur.

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May 27, 2022, 06:00:44 PM
 #58

Of course, buying from the lowest price areas is the goal of every successful trader, but your idea that the bitcoin price drops to 19 thousand will not appeal to many bitcoin lovers as well as the holder. Personally, I think that bitcoin has already reached the bottom at the 28k point and I rule out visiting the 19k area at the present time. , but in any case, it is not wrong to save some money to buy more bitcoin at the cheapest price if you visit those areas.

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May 27, 2022, 06:24:15 PM
 #59

Since tomorrow looks uncertain I just buy with a few percentages of my USDT, as time goes on if BTC goes below 25k I will buy again and if we see 19k per BTC I will buy again, these are buying opportunities that may never happen that's why you should use a stable coin to buy bit by bit.
That's mean i thinking your are a millioner investor with long time! Because if we gonna buy btc at price $25k and $19k and then drop more $10k then which profits we will received from crazy invest step. But if we have millions dollars then we could buy btc at any price ath.
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May 27, 2022, 09:57:00 PM
 #60

if you believe there is still a decline then leave funds to buy at the lowest price in your opinion, but buying now is a wise thing because you still get the best price from the bear market this week because next week I hope the green candle will start to dominate
But we are already in lowering market , after drowning to 26k now Bitcoin recovered to 29-30k again and now this is the stable price .
is there any chance that we will go down below this? yeah of course? but the problem is what if the price grows up and stays in high? what would be the decision of OP? and what will he feel then?

Emotionally many individuals still expect bitcoin to fall deeper so most of them wait without doing any market activity except to just watch the price and some take the opportunity with the increase that occurs and sell it and wait for a lower price and if the prediction is wrong then he will hold it but I sure we all know what to do or just sit back and wait for the fish to fall into the trap

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May 27, 2022, 10:10:25 PM
 #61

Anyone see the price though today? it dip below $29k and the rest of the crypto market is falling hard and seems the start of another blood bath.

So I guess this is a great opportunity for us again to buy instead of waiting for the $24k price range or even below $20k (not sure if this is going to happen). At $28k and then holding it again will give us a huge profit of margin in the next bull run.

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May 28, 2022, 10:00:33 AM
 #62

I personally believe that it should be noted that it rarely goes down under but at the same time it should be noted that it could rearrange depending on how big of a crash happens. Like when it goes from 35k to 30k then it could tell you the reality and you could see what it should be doing, but when it goes from 60k to 40k, it doesn't show exactly what you are looking for and it will look like a buy chance all throughout.

Hence, there is nothing wrong with the current situation and we should be feeling fine about not buying if we want to wait a bit more. Or just put price in your mind, I will buy if it goes to 25k, and I will buy if it reaches 33k as well, and be ready for all possibilities.
This is the part where people talk about how crypto is something that is unexpected and TA we do is usually what crypto "should" do and not what it does. Of course there could be situations where it doesn't do what it should, but at least you would know what it should do and arrange yourself accordingly.

This is a method where people would generally use to make sure that they are doing the right thing and that means that if you also defend yourself against unexpected stuff (with stop loss or similar stuff) then you should be fine. I believe that best we could do right now is invest into bitcoin small by small and it would help you out. But also have a stop loss planned as well.

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May 28, 2022, 10:23:09 AM
 #63

I agree that investing will make our lives better, if we only rely on monthly income from salary, it will be difficult to develop, inflation that continues to increase makes needs continue to increase and our finances are often negative, crypto provides short -term solutions for the long run so worth we make the first choice investment.


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May 28, 2022, 10:59:58 AM
 #64

Not the same. It could be that when you buy it later the price of Bitcoin is no longer like the current price. My advice to you is to buy it now a few percent (%) of the amount of capital or money you have if you believe the price of Bitcoin will fall back below the current price.
At least when the BTC price increases, you won't regret not buying when the Bitcoin price is $28.7k because the market is very volatile.

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May 28, 2022, 01:57:56 PM
 #65

bitcoin has started to maintain its $29k price tag, having been running at the same price for the past few weeks. bitcoin seems to have started to get support from investors where western countries seem to have started storing assets in a safe place so that they are not easily destroyed and touched by anything like the news we saw that the war had begun to spread so investors began to immigrate to places that very easy to reach.

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May 28, 2022, 02:15:04 PM
 #66

bitcoin has started to maintain its $29k price tag, having been running at the same price for the past few weeks. bitcoin seems to have started to get support from investors where western countries seem to have started storing assets in a safe place so that they are not easily destroyed and touched by anything like the news we saw that the war had begun to spread so investors began to immigrate to places that very easy to reach.

Keep up the good work.guys because today I saw the bitcoin price drop to $28K.
As for investors since yesterday they have gone to other places because they have been sad with the losses that have befallen our other friends, so they might choose a more appropriate and safe place to store all their assets.

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May 28, 2022, 06:51:08 PM
 #67

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Bitcoin can be bought without worries and anxiety right now, if you don't want to profit from it already "tomorrow". If you intend to hold bitcoin for several years or longer, then you should not expect the most profitable entry point like the $19k price. Buy every time you get a chance and average out the final price of the bitcoin you bought. This advice you can hear from a lot of people. But I'll tell you what: your money, do what you want. All risks and profit will be on your conscience. Don't wait for ready-made solutions from others, because no one knows for sure whether to buy now or wait a bit. Look at it like a roulette wheel: if you're lucky, you'll guess the lowest "entry" point in bitcoin. But keep in mind, if you are not damn lucky, then the chances of this are extremely small.

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May 28, 2022, 09:24:56 PM
 #68

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Yes you are correct, buying cheap is always the best option. However, nobody knows how much dip does Bitcoin goes. What If the bottom dip is what the current Btc price right now? I guess that's not gonna entice you to buy even more right? Well, in that case you've just missed the dip and potentially Bitcoin might hit another ATH, and the next bottom might be $30k or $40k, does that sound cheap to you compared to the price of Bitcoin right now?
You see, buying or selling Bitcoin ain't really easy. You need not just analysis but a strong conviction and decisions.
If you are poor then yes buying cheap is the way to go but for someone that is fortunate enough and won't care spending some extra dollar's then he can start buying now and for them waiting can only be a waste of time, as we know that rich people value's time. No one ones the bottom but most are using some indicators to possibly know if what will be the next movements.

I think one of it is to look if the price remains stable for some time. That can be a sign that it will soon take off and won't go down anymore. If the new bottom is 30k, that was still cheap and you haven't missed the dip yet but for 40k, I think that's a little high but they can buy and catch up if they want to.

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Lanatsa
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May 28, 2022, 09:35:48 PM
 #69

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Bitcoin can be bought without worries and anxiety right now, if you don't want to profit from it already "tomorrow". If you intend to hold bitcoin for several years or longer, then you should not expect the most profitable entry point like the $19k price. Buy every time you get a chance and average out the final price of the bitcoin you bought. This advice you can hear from a lot of people. But I'll tell you what: your money, do what you want. All risks and profit will be on your conscience. Don't wait for ready-made solutions from others, because no one knows for sure whether to buy now or wait a bit. Look at it like a roulette wheel: if you're lucky, you'll guess the lowest "entry" point in bitcoin. But keep in mind, if you are not damn lucky, then the chances of this are extremely small.

Its not bad to have that positivity towards bitcoin but there are people who do really tend to play safe and its a must thing since there's no such thing about 100% risk free type of investment on which it would really

be always ideal on setting out risk factor or management in relation to this.Always put a limit and always put up selling or target point which you could rinse and repeat the same process whenever you do already
gain some profit.
If you do see that the market is declining then better not to panic sell and wait for recovery and some do even recognize for this to be a good opportunity to buy more
but of course it will depend on you if you could still able to risk on or not.

R


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May 29, 2022, 04:15:37 AM
 #70

Market conditions are still red, so we have to be patient, I think holding is a better thing, I always believe that the price of bitcoin will go up soon, if we panic by selling bitcoin now then I'm sure tomorrow we will regret it, daily transaction volume makes us worthy to be optimistic about the future of bitcoin.
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May 29, 2022, 08:03:28 AM
 #71

Market conditions are still red, so we have to be patient, I think holding is a better thing, I always believe that the price of bitcoin will go up soon, if we panic by selling bitcoin now then I'm sure tomorrow we will regret it, daily transaction volume makes us worthy to be optimistic about the future of bitcoin.
that is what OP is doing now lol, he seems to be trying to keep His funds for safer positioning and this is why he is holding His Horses , because there is no need for selling as the cheapest value are what we having these days .
then why sell instead of losing? while there are so much to expect in the coming years or maybe just this end year alone .

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May 29, 2022, 11:20:27 AM
 #72

Market conditions are still red, so we have to be patient, I think holding is a better thing, I always believe that the price of bitcoin will go up soon, if we panic by selling bitcoin now then I'm sure tomorrow we will regret it, daily transaction volume makes us worthy to be optimistic about the future of bitcoin.
that is what OP is doing now lol, he seems to be trying to keep His funds for safer positioning and this is why he is holding His Horses , because there is no need for selling as the cheapest value are what we having these days .
then why sell instead of losing? while there are so much to expect in the coming years or maybe just this end year alone .
Normally panic sells is cause of fearing on making their investment goes to zero thats why people do normally made out such common reaction which is something not really that surprising or most people do commit

out and for those who had able to learn up from their past mistakes will really be that aware on what are the things that they should do in times like this which is something in related to holding or someone do really even tend  to DCA which is mostly been advised or suggested by those people who do have enough funds to make such step or action.

Whether you do hold or sell its up to you but its dumb on panic selling or selling on loss if you could actually wait for recovery of the market.

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May 29, 2022, 12:57:02 PM
 #73

buying them cheap is better or I don't get it?.

Yes getting the coins cheap is better. You get a maximum profit when you are buying cheap but it is not easy to get the exact time that the bottom has been reached. People bought after ATH when bitcoin dropped to $50k thinking the speculation that bitcoin was getting ready to move to 100k was immediately on the move but it didn't happen and rather price fell more even to $40k when more took their entry price. Those different entry price are definitely not same measurement of loses likewise when gain starts on the long. Now we are at the $30k level, it is still a prediction of what can happen.
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May 29, 2022, 03:39:35 PM
 #74

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

What makes you sure that bitcoin will go back to $ 19k or just your personal prediction. If you keep waiting, that doesn't seem wise we can't predict bitcoin's price, so simply doing DCA is more necessary than waiting for it to drop as we predicted.

If BTC can't get back to $19k and bounce back from now on, you'll regret missing the chance to own BTC for $30,000. If you are a long-term investor, buying bitcoin is never wrong, don't wait for a price that is only in your imagination but look at what the market is doing.

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May 29, 2022, 04:02:37 PM
 #75

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

What makes you sure that bitcoin will go back to $ 19k or just your personal prediction. If you keep waiting, that doesn't seem wise we can't predict bitcoin's price, so simply doing DCA is more necessary than waiting for it to drop as we predicted.

If BTC can't get back to $19k and bounce back from now on, you'll regret missing the chance to own BTC for $30,000. If you are a long-term investor, buying bitcoin is never wrong, don't wait for a price that is only in your imagination but look at what the market is doing.
Yes, doing DCA is much better than waiting for an uncertain price and I don't think the bitcoin price drop will ever reach 19k.
currently the bitcoin price is only in the 30k area, and although there is a slight decline but will return to the 30k price and I think this price is our opportunity to make purchases in that area, so don't expect anything uncertain because bitcoin prices are not easy to guess and DCA is the best way.

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virasog
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May 29, 2022, 05:28:27 PM
 #76

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
It depends on how long you want to hold bitcoin, if you buy now, you and you want to hold it for like three years, it is a good idea.

You can use different strategies and approaches.

Like dividing the money you want to use to buy bitcoin into like four, setting plan to buy more if the price continue to decrease. If the lowest price you want is $19000, the price of bitcoin now is at $30000. You can buy at $25000, $23000, $21000 and $19000 if bitcoin possibly fall to that price.

There will be a time bitcoin price will decrease more, but you will have to wait for months for this to happen or just invest and see your money grow within 3 years from now is my personal advice.

I like your advice for dollar cost averaging the bitcoin and buying them at different prices. However, i would like to emphasize that we allocate the percentage of buying of your total portfolio at the different price levels. For example, it would not make sense to buy 50% of your portfolio at 19,000$ as the price may never reach there.

The best approach will be to buy more bitcoins at 28,000$ and 25,000$ and keep only 25% of the spare funds to buy if bitcoin price falls below 25,000$ (the chances of this is very slim).

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May 29, 2022, 07:25:52 PM
 #77

Market conditions are still red, so we have to be patient, I think holding is a better thing, I always believe that the price of bitcoin will go up soon, if we panic by selling bitcoin now then I'm sure tomorrow we will regret it, daily transaction volume makes us worthy to be optimistic about the future of bitcoin.
Buying right now is not a bad move at all if you ask me, the price is not moving much at the moment and buying bitcoin for a price which is more than 50% lower than the previous all time high it is not a bad spot to enter the market, now could we see a better price in the future? Of course, however that is only a possibility which may not manifest, while the price of 29k that we are seeing right now is a reality and a chance to buy bitcoin for a price that will be impossible to see a few years down the line.
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May 29, 2022, 07:54:40 PM
 #78

Market conditions are still red, so we have to be patient, I think holding is a better thing, I always believe that the price of bitcoin will go up soon, if we panic by selling bitcoin now then I'm sure tomorrow we will regret it, daily transaction volume makes us worthy to be optimistic about the future of bitcoin.
Buying right now is not a bad move at all if you ask me, the price is not moving much at the moment and buying bitcoin for a price which is more than 50% lower than the previous all time high it is not a bad spot to enter the market, now could we see a better price in the future? Of course, however that is only a possibility which may not manifest, while the price of 29k that we are seeing right now is a reality and a chance to buy bitcoin for a price that will be impossible to see a few years down the line.

Exactly this, once the train starts moving it is easy to miss the first surge because exchanges will get hit by massive demand.
People tend to want to buy the deepest point of the dip but nobody will succeed in that.
After the first surge they will be buying in an uphill battle, easily missing the train.

Get your coins ahead of the stampede  Smiley

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May 29, 2022, 10:16:12 PM
 #79

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
No time you buy bitcoins is wrong even in the dip market if you get money buy Bitcoin and keep, nothing like we have particular time to buy Bitcoin because no specific time that is meant for bitcoin buying and selling because of the speed in the price rising and the speed in the price falling, but you have to invest according to your finance and what you understand for cryptocurrency personally, if you have money like spell one you will buy when your money is due

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May 30, 2022, 04:27:20 AM
 #80

Holding in my opinion is better than selling, if I sell now then I lose and hold is the best choice, even I plan to buy more because I see the price is falling, I will see progress in 3 days to buy if the current price can go down again
lol , there is a right time for both , you must hold when the price is dumping and you must sell when the price is increasing and that means there are several situation we must consider when in crypto.
what will come in 3 days? is there something we should learn ? because it seems that you know things we don't understand .

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May 30, 2022, 08:00:37 AM
 #81

Or maybe just not play the game and DCA? I know it's a tired mantra but it hasn't stopped working for me and loads of others. Why worry? Excel at other parts of your life, get going in real life, and just DCA knowing all of this has happened before (and will happen again).

We're back above $30k (as expected on Monday), but once more failing to find much footing there. It'll be an achievement if we hold above this for a full 24 hours...

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May 30, 2022, 09:11:49 AM
 #82

Market conditions are still red, so we have to be patient, I think holding is a better thing, I always believe that the price of bitcoin will go up soon, if we panic by selling bitcoin now then I'm sure tomorrow we will regret it, daily transaction volume makes us worthy to be optimistic about the future of bitcoin.
that is what OP is doing now lol, he seems to be trying to keep His funds for safer positioning and this is why he is holding His Horses , because there is no need for selling as the cheapest value are what we having these days .
then why sell instead of losing? while there are so much to expect in the coming years or maybe just this end year alone .
Normally panic sells is cause of fearing on making their investment goes to zero thats why people do normally made out such common reaction which is something not really that surprising or most people do commit

out and for those who had able to learn up from their past mistakes will really be that aware on what are the things that they should do in times like this which is something in related to holding or someone do really even tend  to DCA which is mostly been advised or suggested by those people who do have enough funds to make such step or action.

Whether you do hold or sell its up to you but its dumb on panic selling or selling on loss if you could actually wait for recovery of the market.

and that is attitude mate , because we must not get panic if we knew what we are dealing and knew the market and understand how this works.

OP decide to keep his funds Intact and for me this is the attitude bitcoin needs to progress more, though the idea must be spent yet we have idea on why we must hold sometimes and when we need to sell.

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May 30, 2022, 10:39:22 AM
 #83

We're back above $30k (as expected on Monday), but once more failing to find much footing there. It'll be an achievement if we hold above this for a full 24 hours...

Hah, haven't check the price this past 24 hours and surprised, surprised, we are back in the $30k'ish. But nothing to celebrate here, perhaps investors put their money, or shall I say short day traders and speculators, trying to squeeze some profit at this bear market.

As for the DCA, yeah, it's proven strategy already, it has been advised many tiems and so far no can argue against this time and proven method.
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May 30, 2022, 09:45:36 PM
 #84

We're back above $30k (as expected on Monday), but once more failing to find much footing there. It'll be an achievement if we hold above this for a full 24 hours...

Hah, haven't check the price this past 24 hours and surprised, surprised, we are back in the $30k'ish. But nothing to celebrate here, perhaps investors put their money, or shall I say short day traders and speculators, trying to squeeze some profit at this bear market.

As for the DCA, yeah, it's proven strategy already, it has been advised many times and so far no can argue against this time and proven method.

And we've moved to $31k, and probably might attempt to get into the $32k and most likely will end what the week with 9th consecutive candles? If that happens then maybe, June might be a good month after all as we have a break out run then.

That's just bitcoin proving it's resiliency, we might be in a bear market, but from time to time we will see some good bounce back,

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May 31, 2022, 07:04:37 AM
 #85

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
This is the reason why dollar-cost averaging is one of the best, if not the best strategy in buying Bitcoin.

We don't know if Bitcoin will go down or up right? Don't just buy Bitcoin all at once but buy in portions. You can buy weekly or bi-weekly or anytime you want but don't buy at once since you've already said that it might dip down more. It's proven that it is working already and it lessens your risk as well.

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May 31, 2022, 08:00:49 AM
 #86

Hah, haven't check the price this past 24 hours and surprised, surprised, we are back in the $30k'ish. But nothing to celebrate here, perhaps investors put their money, or shall I say short day traders and speculators, trying to squeeze some profit at this bear market.

As for the DCA, yeah, it's proven strategy already, it has been advised many times and so far no can argue against this time and proven method.

And we've moved to $31k, and probably might attempt to get into the $32k and most likely will end what the week with 9th consecutive candles? If that happens then maybe, June might be a good month after all as we have a break out run then.

That's just bitcoin proving it's resiliency, we might be in a bear market, but from time to time we will see some good bounce back,

OK, fine, so we've held above the line for the full 24 hours I'd hoped for. Not only that, edged up higher into $31k territory (though volatility has racked up a notch now, European market open has caused a near 32 attempt to fall back about $500.

Thing to note though is that stocks have generally rallied as well and some US shares are even doing better than Bitcoin, so this could simply be a correlation thing once more.

Inflation numbers coming, Fed to raise interest again, so we could very well see a tumble.

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May 31, 2022, 10:40:30 AM
 #87

We're back above $30k (as expected on Monday), but once more failing to find much footing there. It'll be an achievement if we hold above this for a full 24 hours...
Hah, haven't check the price this past 24 hours and surprised, surprised, we are back in the $30k'ish. But nothing to celebrate here, perhaps investors put their money, or shall I say short day traders and speculators, trying to squeeze some profit at this bear market.

As for the DCA, yeah, it's proven strategy already, it has been advised many tiems and so far no can argue against this time and proven method.
It is definitely a good feeling to see bitcoin reaching above 31k again, but we need to reach to a lot higher prices already, it keeps going above 31k. I do not know when the first time happened but it has been a while. I feel like market is congested around these prices and it is becoming unprofitable to keep staying here.

I am a long term investor and even I am bored about it, not because I may lose money, but because I feel like there is absolutely nothing that would make it entertaining anymore to invest. Yes, we should invest for money and not fun, but at some points it is just not making you feel like you should invest.

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May 31, 2022, 11:02:05 AM
 #88

Market conditions are still red, so we have to be patient, I think holding is a better thing, I always believe that the price of bitcoin will go up soon, if we panic by selling bitcoin now then I'm sure tomorrow we will regret it, daily transaction volume makes us worthy to be optimistic about the future of bitcoin.
that is what OP is doing now lol, he seems to be trying to keep His funds for safer positioning and this is why he is holding His Horses , because there is no need for selling as the cheapest value are what we having these days .
then why sell instead of losing? while there are so much to expect in the coming years or maybe just this end year alone .
Normally panic sells is cause of fearing on making their investment goes to zero thats why people do normally made out such common reaction which is something not really that surprising or most people do commit
that is exaggerating part mate  Going to zero?  nope that is wrong, panic selling happens when the investors think that His coins is going dump so instead of waiting to lose? they tend to sell so they can wait for another dump in buying more.
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out and for those who had able to learn up from their past mistakes will really be that aware on what are the things that they should do in times like this which is something in related to holding or someone do really even tend  to DCA which is mostly been advised or suggested by those people who do have enough funds to make such step or action.
but some don't know to use DCA , yet we are advised to learn first before engaging to invest.
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Whether you do hold or sell its up to you but its dumb on panic selling or selling on loss if you could actually wait for recovery of the market.

it is easy for you to say , but it is not .. remember that if your money is inside the coin that you don't fully trust ?

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May 31, 2022, 12:21:14 PM
 #89

We're back above $30k (as expected on Monday), but once more failing to find much footing there. It'll be an achievement if we hold above this for a full 24 hours...
Hah, haven't check the price this past 24 hours and surprised, surprised, we are back in the $30k'ish. But nothing to celebrate here, perhaps investors put their money, or shall I say short day traders and speculators, trying to squeeze some profit at this bear market.

As for the DCA, yeah, it's proven strategy already, it has been advised many tiems and so far no can argue against this time and proven method.
It is definitely a good feeling to see bitcoin reaching above 31k again, but we need to reach to a lot higher prices already, it keeps going above 31k. I do not know when the first time happened but it has been a while. I feel like market is congested around these prices and it is becoming unprofitable to keep staying here.

I am a long term investor and even I am bored about it, not because I may lose money, but because I feel like there is absolutely nothing that would make it entertaining anymore to invest. Yes, we should invest for money and not fun, but at some points it is just not making you feel like you should invest.
I can feel you mate , Holding nowadays are boring type of strategy and this is why nowadays ? i consider buying and selling , my former 5 coins? now it turns to 2 in holding and the other is for short term so i will still enjoy the trading and my funds here and there.
i already made my funds x5 from the initial investment so i think it is enough to play for it .

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May 31, 2022, 04:30:56 PM
 #90

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

If you're thinking about from a long-term investment strategy it doesn't matter when you buy.  I purchase a little bit of bitcoin every month.  I bought when it was $60k, I bought when was $28k.  I'll buy if it drops to $19, and and I'll buy when it pumps to $100k.  I'm playing the long game, so the current price is really not as important as the over-all average price of my bitcoin purchases.

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May 31, 2022, 09:38:17 PM
 #91

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

If you're thinking about from a long-term investment strategy it doesn't matter when you buy.  I purchase a little bit of bitcoin every month.  I bought when it was $60k, I bought when was $28k.  I'll buy if it drops to $19, and and I'll buy when it pumps to $100k.  I'm playing the long game, so the current price is really not as important as the over-all average price of my bitcoin purchases.
When you are going for long term runs then price wont really be mattering much whatever the price point you would tend to get in and this would depend on someones perspective whether they would

be going for long term or going for short term.So it do vary on someones plans or target because not all would really be having the same thing in mind and even myself do accumulate
little by little.I do have some funds for short term trades and i do allocate something which is good for long term so that i wont really be stressing out much
when it comes to price movement.

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May 31, 2022, 11:57:26 PM
 #92

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
This is the reason why dollar-cost averaging is one of the best, if not the best strategy in buying Bitcoin.

We don't know if Bitcoin will go down or up right? Don't just buy Bitcoin all at once but buy in portions. You can buy weekly or bi-weekly or anytime you want but don't buy at once since you've already said that it might dip down more. It's proven that it is working already and it lessens your risk as well.
And look at the price right now? Some thought it would go dip even more till $25k but I didn't expect this either when the price suddenly hit $31k this time. Perhaps this is just a temporary pump so that most traders will be able to gain some profit for buying that $28k price then it might proceed to drop again thrn continue to $25k-ish, who knows?

It's better to hold if you are planning on a long term investment then buy some portion of the dip so that you won't feeling like missing out.

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June 01, 2022, 12:15:14 AM
 #93

Dollar cost average would work because you only have to be roughly right to benefit and its certainly far easier then watching every day in the middle of so much noise.   The ironic thing I've seen many times is the best time to buy is when the price is at higher cost then it was a week ago, if that continually happens you are benefitting.   A lower price can just mean in future its a lower still and thats harder to take, people get fed up and stop just as the bottom prices are occurring as often sentiment also reaches a low.  
  DCA but watching other factors seems good, like the current Dollar index is rated same as prior to bailouts from the pandemic.   Whatever your views on if that money should have been spent, its meant the dollar was diluted yet here we are.   I would only seriously state its relevance as a weather indicator, if do go down from here then its likely a high tide mark where currency appears weaker & a path for higher BTC is more easily found.

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June 01, 2022, 05:21:26 AM
 #94

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

If you're thinking about from a long-term investment strategy it doesn't matter when you buy.  I purchase a little bit of bitcoin every month.  I bought when it was $60k, I bought when was $28k.  I'll buy if it drops to $19, and and I'll buy when it pumps to $100k.  I'm playing the long game, so the current price is really not as important as the over-all average price of my bitcoin purchases.

That is the key, being to hold long term and buy every dip. So it doesn't matter what price you brought them, as long as you are going to lit your Bitcoin sit in your wallet for a long time and then maybe sell in a bull run to realized your profits.

DCA, buying at the dip, every strategy is going to work in your favor. As for the price, waiting to see if we can to $32,000 this start of June.

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June 01, 2022, 05:56:04 AM
 #95

I agree that investing will make our lives better, if we only rely on monthly income from salary, it will be difficult to develop, inflation that continues to increase makes needs continue to increase and our finances are often negative, crypto provides short -term solutions for the long run so worth we make the first choice investment.
but on what and where we will  be investing because this is the most important part of this advise, are we knowledgeable in that area? because if not then there is no sense to invest at all in things that you dont  understand lol.

there are many investors here that becomes a loser and never recovered because of their nature and noob character .

remember that this is crypto , and everything moves in different ways in short period of time .









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June 01, 2022, 06:18:54 AM
 #96

I agree that investing will make our lives better, if we only rely on monthly income from salary, it will be difficult to develop, inflation that continues to increase makes needs continue to increase and our finances are often negative, crypto provides short -term solutions for the long run so worth we make the first choice investment.
Investing will help you out if you know what you are entering for , but if not? then maybe you will surely lose everything and wont recover everything. only deal in crypto if you understand the manner of cryptocurrencies and if you can find which is the right coin and when i the right timing,

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
we don't know for sure how far the decline will continue, but buying Bitcoin at 30k is a huge advantage.
but I think differently that the decline in price has ended, now the price tends to stabilize, there has been no significant movement in the last 24 hours, so I think it is possible to say that the decline is over and we are waiting for the Bitcoin price to rise.
what significant movement ? can't you understand the market? it is almost the same what we have in the last few weeks , and still struggling to break the 30k price.
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June 01, 2022, 06:56:11 AM
 #97

The market situation that is still red makes us have to be patient, don't panic if you look at the red market, if we have more money then buying immediately is a very profitable thing, it's been 3 days the price of Bitcoin is not dropped below $ 30k and in my opinion this is a good sign that the market immediately risping again. I'm sure if we buy now then we can profit at least 10% in a month.
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June 01, 2022, 08:09:21 AM
 #98

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
its not the same mate because you will end up losses even you keep adding when everytime the price of bitcoin is fluctuating, and it didn't make sense to be honest, wherein, much better to wait for the right time and don't be greedy to prevent losses.
Read some news instead and keep monitoring the market to get the right timing to buy, no need to rush when it comes buying be patient !
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June 01, 2022, 10:38:51 AM
 #99

Dollar cost average would work because you only have to be roughly right to benefit and its certainly far easier then watching every day in the middle of so much noise.   The ironic thing I've seen many times is the best time to buy is when the price is at higher cost then it was a week ago, if that continually happens you are benefitting.   A lower price can just mean in future its a lower still and thats harder to take, people get fed up and stop just as the bottom prices are occurring as often sentiment also reaches a low.  
  DCA but watching other factors seems good, like the current Dollar index is rated same as prior to bailouts from the pandemic.   Whatever your views on if that money should have been spent, its meant the dollar was diluted yet here we are.   I would only seriously state its relevance as a weather indicator, if do go down from here then its likely a high tide mark where currency appears weaker & a path for higher BTC is more easily found.

I always think DCA with all those other improvements are good, watching dollar index, watching fear and greed etc but at the end of the day, are we really good enough to make more than 10% or 20% more every DCA buy if we do that? And if most people are like me putting in $20 or $50 or maybe even $100 at a time, does it really make such a difference?

I learn more and more to just patiently DCA, whatever the price, and then get on with life. More relaxing, you still gain long term benefits and you don't lose sleep Smiley

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June 01, 2022, 02:22:41 PM
 #100

Dollar cost average would work because you only have to be roughly right to benefit and its certainly far easier then watching every day in the middle of so much noise.   The ironic thing I've seen many times is the best time to buy is when the price is at higher cost then it was a week ago, if that continually happens you are benefitting.   A lower price can just mean in future its a lower still and thats harder to take, people get fed up and stop just as the bottom prices are occurring as often sentiment also reaches a low.  
  DCA but watching other factors seems good, like the current Dollar index is rated same as prior to bailouts from the pandemic.   Whatever your views on if that money should have been spent, its meant the dollar was diluted yet here we are.   I would only seriously state its relevance as a weather indicator, if do go down from here then its likely a high tide mark where currency appears weaker & a path for higher BTC is more easily found.

I always think DCA with all those other improvements are good, watching dollar index, watching fear and greed etc but at the end of the day, are we really good enough to make more than 10% or 20% more every DCA buy if we do that? And if most people are like me putting in $20 or $50 or maybe even $100 at a time, does it really make such a difference?

I learn more and more to just patiently DCA, whatever the price, and then get on with life. More relaxing, you still gain long term benefits and you don't lose sleep Smiley
DCA would be the key but only to those people who do have money to invest on but for those who dont have then the thing they would only do is to see their investment on a stable manner or something that they couldnt do something because of lack of funds which means that they would be holding their assets until the market would really make out some significant rise or make some reversal.
Myself had already accumulate when bitcoin drops less 30k level point which i can say a good entry or buy point but it would be still risk since we dont know if this one turns out to be a
dead cat bounce.

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June 01, 2022, 10:24:35 PM
 #101

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Thats the problem we cant eventually foresee at what price bitcoin would be dipping. So the better move is do a dca on it so you could average your buy even its go down. No one can predict accurately the bottom unless you are a fortune teller and most especially only use money you arent scared to lose cause it may go down so its quite dangerous for you to use hard earned money.
Knowing how the crypto market seems very unpredictable, no one cannot foresee what will be the next price or the bottom price particularly for bitcoin since its highly volatile. So the best thing to do is not to wait for the dippest price, but to do DCA in every price drop.That way, you will never missed opportunities, and you will make the best buy if you are still buying in its bottom price.
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June 02, 2022, 01:35:30 PM
 #102

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
This is the reason why dollar-cost averaging is one of the best, if not the best strategy in buying Bitcoin.

We don't know if Bitcoin will go down or up right? Don't just buy Bitcoin all at once but buy in portions. You can buy weekly or bi-weekly or anytime you want but don't buy at once since you've already said that it might dip down more. It's proven that it is working already and it lessens your risk as well.
I think that the best strategy depends on us if what kind of person we are. If are the patient enough then yes dca is the best for us, because we are not tempted to put all our money in one go but we can be able to wait for more dips to be able to buy again at a better rate while for someone that doesn't have that kind of patience, they usually drop all of their funds one btc dips for the first time.

They are also scared because they think that the price can then recover immediately and will take a long time before it dips again. When it comes to risk, we are in fact lessened our risk by the time we invested in bitcoin but we can lessen it more if we learn how to sell on the right time.

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June 02, 2022, 02:22:49 PM
 #103

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
its not the same mate because you will end up losses even you keep adding when everytime the price of bitcoin is fluctuating, and it didn't make sense to be honest, wherein, much better to wait for the right time and don't be greedy to prevent losses.
Read some news instead and keep monitoring the market to get the right timing to buy, no need to rush when it comes buying be patient !
If I buy today doesn't mean that I am in a hurry but I don't want to lose the opportunity of buying Bitcoin at $30k (as for example) coz we are not sure what if the price of Bitcoin will suddenly pump unexpectedly. Could I blame other people for that? Not for sure and that was because we made our own decision.

If we could buy now, then there is no need to wait until later. Take the chance while the price of Bitcoin is quite cheaper, that was the best deal. We can't assume nor predict that it drops more by tomorrow or later.

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June 02, 2022, 04:01:13 PM
 #104

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Buying cheap is the best thing to do as an investor but no one can assure you that price of Bitcoin will slip to 19K or whatever because that is how the market works, it is unpredictable so buying at 29K is better than waiting for 20K if you're ready to hold it for years but who know it can reach too low or it may never happen.

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June 03, 2022, 05:13:02 AM
 #105

I learn more and more to just patiently DCA, whatever the price, and then get on with life. More relaxing, you still gain long term benefits and you don't lose sleep Smiley
DCA would be the key but only to those people who do have money to invest on but for those who dont have then the thing they would only do is to see their investment on a stable manner or something that they couldnt do something because of lack of funds which means that they would be holding their assets until the market would really make out some significant rise or make some reversal.
Myself had already accumulate when bitcoin drops less 30k level point which i can say a good entry or buy point but it would be still risk since we dont know if this one turns out to be a
dead cat bounce.

Not sure you make much sense at all. So what, you're saying DCA is for people who have money to invest and holding is for those who don't have money? I don't think that's true at all.

If I didn't have any money, not a single cent to invest, don't you think I'd be SELLING my Bitcoin? Because that's exactly what I do when I don't earn as much as I spend.

DCA doesn't need $100, it's even $5 a month, and if you can't save that much a month, you can't be owning any Bitcoin, or you're selling it.

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June 03, 2022, 10:56:07 PM
 #106

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
The concept of investing is buying at cheap conditions, this is in line with the current market conditions in crypto, if you say that buying now or later has the same thing, it is wrong according to my understanding. The difference is very clear, that if we buy bitcoin at cheap conditions, we will get a large return when bitcoin conditions return to normal, compared to buying bitcoin at normal and stable price conditions, try to pay attention to market movements against bitcoin

That is why it is very important for us to know how to assess the market situation and do chart reading because in this way we have some idea of when will be the best time to buy crypto and the time of selling. It was indeed people had missed a lot. They simply think that buying at any time will give them a good and desirable profit which actually a wrong perception. The more we understand the market and how it works, the more we know when I'm going to invest. Earning a profit from here varies from when we buy and sell them.

R


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June 04, 2022, 04:35:33 AM
 #107

Didn't expect that if the market has not recovered since 7 months, this certainly makes us better holding than sell, market opportunities to rise are certainly very large, maybe we need even longer as happened in 2018 or trends every 4 years repeated .


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June 04, 2022, 04:59:36 AM
 #108

DCA would be the key but only to those people who do have money to invest on but for those who dont have then the thing they would only do is to see their investment on a stable manner or something that they couldnt do something because of lack of funds which means that they would be holding their assets until the market would really make out some significant rise or make some reversal.
Myself had already accumulate when bitcoin drops less 30k level point which i can say a good entry or buy point but it would be still risk since we dont know if this one turns out to be a
dead cat bounce.
The point of "people who do not have money" doesn't make sense to me. I mean if you have 1 million dollars, you could do DCA by dividing that into 50k each. If you have 100k, then divide to 5k, if you have 10k then 500 dollars if you have 1k then 50 dollars, if you have even 100 bucks, just do like 10-20 dollars each (even though it would be wise to deposit it all at once but invest in intervals).

If you have less than 100 bucks, then do not invest at all. This is what I think, maybe I am wrong, but even the minimum of 100 dollars could be used for DCA, and anything under would be useless. So it doesn't matter if you have millions or just few hundred, DCA works for all people.

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June 04, 2022, 08:39:15 AM
 #109

Didn't expect that if the market has not recovered since 7 months, this certainly makes us better holding than sell, market opportunities to rise are certainly very large, maybe we need even longer as happened in 2018 or trends every 4 years repeated .
actually this time is much better than what we had last 2018 because the drop from 20k ATH is really low compared to this year mate,  now we have at least staying in 50-60k downfall when in 2018 we have more than 70% of the actual price .
and also  this is expected mate that after the year of Halving effect the downfall will come and bring us this kind of burden.

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June 06, 2022, 11:08:24 AM
 #110

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Buying cheap is the best thing to do as an investor but no one can assure you that price of Bitcoin will slip to 19K or whatever because that is how the market works, it is unpredictable so buying at 29K is better than waiting for 20K if you're ready to hold it for years but who know it can reach too low or it may never happen.
I agree that it is unpredictable but at the same time I have to say that it is quite unlikely for anyone to make calculations based on 19k, that was something that impossible to reach most of the time and that is why I believe that we won't be getting there. I believe that we should not be really hoping for a high price right away, but we should not be expecting such a low price neither.

All the drops in the bitcoin price ended up happening because of something important, whereas we are talking about something that is usually a bit more towards the impact of another bad news, so there is no reason to drop right now since there is nothing bad going on.
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June 06, 2022, 10:50:32 PM
 #111

Didn't expect that if the market has not recovered since 7 months, this certainly makes us better holding than sell, market opportunities to rise are certainly very large, maybe we need even longer as happened in 2018 or trends every 4 years repeated .
actually this time is much better than what we had last 2018 because the drop from 20k ATH is really low compared to this year mate,  now we have at least staying in 50-60k downfall when in 2018 we have more than 70% of the actual price .
and also  this is expected mate that after the year of Halving effect the downfall will come and bring us this kind of burden.
That is actually what we see and this is because people have managed to change their behavior and do listen to advice rather than being too emotional.
I was confident enough to see that the market won't go far deeper just like in 2018, we see how effective is holding and it brings changes to the entire market trend. However, we couldn't just think about an easy recovery, we still need strong support to uplift and change the momentum like having the participation of these whales and huge investors.

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dunfida
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June 06, 2022, 11:19:33 PM
 #112

Didn't expect that if the market has not recovered since 7 months, this certainly makes us better holding than sell, market opportunities to rise are certainly very large, maybe we need even longer as happened in 2018 or trends every 4 years repeated .
actually this time is much better than what we had last 2018 because the drop from 20k ATH is really low compared to this year mate,  now we have at least staying in 50-60k downfall when in 2018 we have more than 70% of the actual price .
and also  this is expected mate that after the year of Halving effect the downfall will come and bring us this kind of burden.
That is actually what we see and this is because people have managed to change their behavior and do listen to advice rather than being too emotional.
I was confident enough to see that the market won't go far deeper just like in 2018, we see how effective is holding and it brings changes to the entire market trend. However, we couldn't just think about an easy recovery, we still need strong support to uplift and change the momentum like having the participation of these whales and huge investors.
We do need indeed a strong support and some good fundamentals or news which would really be a good catalyst for having a good market movement or simply going up or breaking this bear market.

We've been moving sideways for a while now and if there's some movement then its really just minimal or something that cant really be predicted well thats why people would really be ending up on

holding which it isnt really that a bad idea but be sure on making out some accumulation while the market price is still cheap.Recovery is inevitable and something that could really happen.

Wawa2013
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June 06, 2022, 11:26:49 PM
 #113

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Buying cheap is the best thing to do as an investor but no one can assure you that price of Bitcoin will slip to 19K or whatever because that is how the market works, it is unpredictable so buying at 29K is better than waiting for 20K if you're ready to hold it for years but who know it can reach too low or it may never happen.
I agree that it is unpredictable but at the same time I have to say that it is quite unlikely for anyone to make calculations based on 19k, that was something that impossible to reach most of the time and that is why I believe that we won't be getting there. I believe that we should not be really hoping for a high price right away, but we should not be expecting such a low price neither.

All the drops in the bitcoin price ended up happening because of something important, whereas we are talking about something that is usually a bit more towards the impact of another bad news, so there is no reason to drop right now since there is nothing bad going on.

That's why investing in crypto is very risky, because market movements are very difficult to predict, so we really have to be careful with the decisions
we will take. Therefore, don't panic to face the current bear market situation. We have to stay calm and try to do our own analysis to predict where
the market will move. Especially for investors who have experienced bad things in 2018, see what happened in this year not so surprised and know
what to do.

I am one of those people who experienced what happened in 2018, therefore, facing a bear market this year, I am more prepared. And based on
the results of the analysis I did I have the same opinion as you that Bitcoin probably will not fall to touch the price of $ 19k. So I took the steady
step of holding the Bitcoins I had, and I continued to buy regularly with the extra money I had. Because selling Bitcoin at a low price like now
to be able to buy Bitcoin at an even lower price, that's a much riskier decision in my opinion.

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Oasisman
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June 07, 2022, 10:13:40 AM
 #114

Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.

Of course buying them cheap is the best strategy for any investments, but how do you identify accurately if this current price is the bottom or not? This is where people miss the opportunity especially during the dip, a huge dip just like what we have currently. What if the bottom was 26k and you have bought any. People would always be screaming "DCA".
What's more worth it? Not buying at all because Btc did not fall to $19k or bought some for $26k?
Nevertheless, buying today would surely profit you in the long run, that's what all matters.

R


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June 08, 2022, 06:04:38 PM
 #115

Of course buying them cheap is the best strategy for any investments, but how do you identify accurately if this current price is the bottom or not? This is where people miss the opportunity especially during the dip, a huge dip just like what we have currently. What if the bottom was 26k and you have bought any. People would always be screaming "DCA".
What's more worth it? Not buying at all because Btc did not fall to $19k or bought some for $26k?
Nevertheless, buying today would surely profit you in the long run, that's what all matters.
You check the price and how much it went down in the last 1 year. When the price is 26k and the highest is 68k, you know that is the bottom, plus it stays there and doesn't really go down neither. This works for 30k or even 35k as well, you would have been in a loss if you bought at 35k, but you know that you could DCA that lower, and you could always get a better price very quickly as well, reaching 35k+ would be easy for bitcoin for sure.

So, it is not really that much of a trouble at all. What I am aiming at right now is 40k+, and I bought much lower, so it is not really a big problem for me at all, all I have to do is just wait for it to happen.

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June 08, 2022, 10:15:32 PM
 #116

How do you guys know if this is a good level to buy or not? The answer is you don't so it's better to be involved, even if it's not the bottom yet, then not be involved at all and miss the opportunity.

Also, nobody knows where the price is going to be, especially people who give their predictions in the media.
I'll just give you guys a few predictions from early 2018 and you can decide if these guys are some financial gurus or full of shit taking numbers out of thin air.
Tim draper $250k by 2022
Ronnie Moas $28k peak in 2018
Fran Strajnar $200k in 2019
Tom Lee $91k by March 2020
Michael Novogratz $50k in 2018
Spencer Bogart $50k in 2018
Trace Mayer $27k in 2018

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June 09, 2022, 11:06:21 AM
 #117

How do you guys know if this is a good level to buy or not? The answer is you don't so it's better to be involved, even if it's not the bottom yet, then not be involved at all and miss the opportunity.

No one knows, everyone has his/her own wild and educated guesses. So It's better to just buy if the price is below $30k'ish in my opinion. So could be the one of the easiest buying opportunity to all of us.

Also, nobody knows where the price is going to be, especially people who give their predictions in the media.
I'll just give you guys a few predictions from early 2018 and you can decide if these guys are some financial gurus or full of shit taking numbers out of thin air.
Tim draper $250k by 2022
Ronnie Moas $28k peak in 2018
Fran Strajnar $200k in 2019
Tom Lee $91k by March 2020
Michael Novogratz $50k in 2018
Spencer Bogart $50k in 2018
Trace Mayer $27k in 2018

Tim Draper's prediction though seems to be exaggerate in my opinion. But we under stand where he is coming from.  Same with Michael Novogratz, and it's funny that those predictions are in 2018 majority, wherein we suffered a huge downward trend.

R


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