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Author Topic: Crypto Price Up & Down is normal be patient All Crypto Holders  (Read 307 times)
Kasabus
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June 08, 2022, 10:10:17 PM
 #41


Buy and wait. The next Halving will be on 2024. That's a long wait. But yes sure, can't believe a $1k worth of Shib is now worth $2.  Grin

Lots of so called experts actually are saying we are at the bottom already which there could be a bull run again. We may not know until it happen but hey if you are willing to wait, just do it. As long as you won't spend your BTC and wait for the price to go up, you won't lose anything. There - that should be encouraging.

It will be a long waiting game for those who gladly want to wait, but definitely the results will all be worth it. But for those who want to buy now because there is fear to miss again such opportunities, then do it. After all, you're not gonna lose if you always know the essence of hodling. Patience will be more tested this time as the crypto prices seem to drop more because the bearish market is not over yet.

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Vaculin
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June 08, 2022, 10:18:51 PM
 #42

Actually most of top coins will always follow Bitcoin price, so it's useless to compare the top coins price as we're only need to look on Bitcoin price to see the market is bearish or bullish.

Yeah, well said in theory but we don't know about the reality. The question is how you can know the bottom? Which person can guessing Bitcoin price will ever touch $3K at that time? Mostly those people who bought Bitcoin at $3K is DCA-ing Bitcoin.
That's probably the case. No one is patient enough to wait just to buy when the price is at its bottom, mostly they start to buy when the price is in dips. However, if they do DCA, buying at its bottom price is always possible. But it could also mean you need to prepare good amount of funds during bearish market because even if you do DCA, there will be a need of funds everytime you place a buy order.
stomachgrowls
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June 08, 2022, 10:39:18 PM
 #43

Actually most of top coins will always follow Bitcoin price, so it's useless to compare the top coins price as we're only need to look on Bitcoin price to see the market is bearish or bullish.

Yeah, well said in theory but we don't know about the reality. The question is how you can know the bottom? Which person can guessing Bitcoin price will ever touch $3K at that time? Mostly those people who bought Bitcoin at $3K is DCA-ing Bitcoin.
That's probably the case. No one is patient enough to wait just to buy when the price is at its bottom, mostly they start to buy when the price is in dips. However, if they do DCA, buying at its bottom price is always possible. But it could also mean you need to prepare good amount of funds during bearish market because even if you do DCA, there will be a need of funds everytime you place a buy order.
DCA is never been easy or not for everyone because you wont really be that having those funds anytime on buying up on the dips even though you do have some funds then this is where a battle between

your mind and emotion on the time you do make out some decisions thats why this is situation is something depending on someones capacity in terms of finances and thats why its really

important to have some saved amounts or funds in case the market would really be having that kind of behavior.You cant just get in if you dont have funds. Cheesy

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June 08, 2022, 11:26:51 PM
 #44

The truth is that not everyone can hodl, so this is a major reason why panic at these times because not many people are mindful to hodl on long term. So many are caught in the dip. It's best to be patient at this time and apply DCA if you have the funds.

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Awaklara
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June 08, 2022, 11:57:28 PM
 #45

the current market conditions are in an unlikely situation, where we must really be patient waiting for the market to improve again. but still that it's normal. but on the one hand you can take advantage of this opportunity to buy most of the top coins at cheap prices and you just have to wait until the situation improves. At the very least you need to prioritize bitcoin and some of the top crypto assets.

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poodle63
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June 09, 2022, 12:13:20 AM
 #46

The truth is that not everyone can hodl, so this is a major reason why panic at these times because not many people are mindful to hodl on long term. So many are caught in the dip. It's best to be patient at this time and apply DCA if you have the funds.
this is true, proper strategy is needed if it comes in holding for a long term, after all the bearish could lasts for more than a year as far as I know seeing from the past cycle.
if anyone with big capital and big income is holding, they could just leave their investment be, but for anyone with insufficient money for basic needs, holding gonna be a disaster.
also accumulating in the bearish is like catching a falling knife.

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June 09, 2022, 12:01:20 PM
 #47

The truth is that not everyone can hodl, so this is a major reason why panic at these times because not many people are mindful to hodl on long term. So many are caught in the dip. It's best to be patient at this time and apply DCA if you have the funds.
If they can be patient, they can hold on for a certain amount of time and won't panic if something happens in the market. Those who can do that must have gone through a long journey in the crypto world to be calm and patient and not panic in making decisions. If the market is down, those with the funds will buy again because it is a good time to buy. So we need to manage our emotions in any situation and condition to see the opportunity to use the moment.

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