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Author Topic: Holding my horses for now  (Read 600 times)
fortuner
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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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Nrcewker
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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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TheGreatPython
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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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