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Author Topic: Holding my horses for now  (Read 606 times)
Asiska02
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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.

 
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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.

 
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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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