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Author Topic: It goes same way people never learn btc 30k  (Read 661 times)
Rabi3
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June 05, 2022, 11:29:12 PM
 #41

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .


it is a rough time to buy bitcoin, after a crazy surge to $60k it has to go down again, people who bought way lower than that will sell to get their profit sooner or later, i expect bitcoin to go to $15k or even less before it goes up again, it's just my opinion you can do research about bitcoin yourself and make a decision.

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June 05, 2022, 11:56:57 PM
 #42

It’s kind of hard to understand what you’re saying here but I think I got your point.  This has always been the same way as any other assets. The stock market is no different. People panic in hard time but always try and take advantage of an asset performing well during up times. This is why dollar cost averaging is so important. Keep contributing the same amount over the course of time, this way you’ll hit both low and highs.
Hmmm yeah to keep accumulating your holdings are the only way to make you feel better in a bearish time , you'll feel i hold enough... i bought enough and i am on green!
Unlike when you do the buy order one time only... there might be a lot of regret.

Just like when you see a low price like 30k now then regret it when the price keep moving up unstoppable to 100k or so.

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June 06, 2022, 03:53:44 AM
 #43

it is a rough time to buy bitcoin, after a crazy surge to $60k it has to go down again, people who bought way lower than that will sell to get their profit sooner or later, i expect bitcoin to go to $15k or even less before it goes up again, it's just my opinion you can do research about bitcoin yourself and make a decision.
If people are still selling, bitcoin price would have gone down more below $30000 but it is never the case, but I too think bitcoin will go more down below $30000 to reach maybe $20000, but I am still thinking if it is possible for the price to reach $15000, I think that may never come, but the bear market is still going on, it can be possible but if it is true that bitcoin is not volatile like before, it should not go down below $20000.

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June 06, 2022, 04:46:43 AM
 #44

Many investors are still afraid to buy during dip because of their worries that it might plunged further. They're not seeing the positive sides of buying at cheap price and prefer to buy once the market is turning bullish, its understandable for some investors to have such mindset.

But if you know the history of Bitcoin or you exert an effort to know how the market works and the history then you'll know the importance of having a bearish season. Its a chance to fill our bags but weak investors are missing this opportunity because of fear.

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June 06, 2022, 04:52:33 AM
 #45

...
it should not go down below $20000.
Not a close deal anyway. We can't tell yet as the volatility can influence the market.
But as we have seen this bear season, the majority are still optimistic, institutional investors make buy. It is indeed we got a stronghold from the $28k - $31k price range for Bitcoin. This gonna tell that everyone is helping together for the market not to drop more but instead of making it up. This is actually what we want, and never find a significant issue that could drag the market down, unlike the last bear season.

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June 06, 2022, 05:07:45 AM
 #46

education is at fault.

many people feel that 'cheap' means bad value. or something wrong with it.
they think if something is expensive then it must have more value.

i see it all the time.
take concert tickets and merchandise. its easy to buy a ticket/official shirt direct from the venue early cheaply. same with the merch'.. yet i see silly people proud of the fact that they paid a premium for a ticket because they were buying the 'last few tickets available' so they deem those tickets to be worth more and something proud to have paid more for. even if that same ticket was being sold at a 3rd of the price the month before.

i have even had conversations with people sat on same row as me showing off that they paid 3x more for a seat that should have cost the same as mine.. they think they are more worthy of the seat by paying more.

same seat, same view, same entertainment. nothing has changed but the price
 .. its silly but hey.. its what they were taught to think

yes if they were offered the same ticket a month before they may not have taken it. but suddenly when they see demand is high they suddenly want it more.

they have all been educated to not want things cheap and widely available and only want things when they are premium and when they think they are missing out.
I know exactly what you mean.  I have witnessed this on several occasions.  Although, I am not so sure that it is due to "education", but rather I think it's some sort of a psychological effect.

Years ago I had an accountant tell me about this effect.  He gave me the example of the price and sales of computers.  Or, at least how it was back in the 70's and 80's.  He mentioned how when the PCs were introduced they were at a cheap price, but they didn't sell very well, as time went by their prices rose and it was when they got over $300 did they start selling like crazy, even though they were the same model of computer.

I have seen a similar effect with bitcoin.  Years ago, 2012, 2013, I was telling all who I knew about this new technology, and that they should probably buy into it, even $100 worth.  Except for two friends, I just got funny looks or laughter.

But now, in these past 2 years, bitcoin's price rose to near 70k, and now that it's at 30k, I get about half those people calling me and asking how to buy bitcoin. ... The other half either rarely look me in the eye, or are pissed off at me about something.



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June 06, 2022, 08:03:04 AM
 #47

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .


people are scared on its structure in the market as well, wherein, there's no changes since the bearish started. So it's not surprising why there are some people that scared to buy at the particular price of bitcoin at the moment.
Perhaps mostly are waiting for the good sign instead of buying without information about the situation of the market, reason market till this days still stagnant.
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June 06, 2022, 10:03:32 AM
 #48

everyone 's analysis is different , so there are many perceptions , so convincing yourself with your own analysis is better . with a price of 30k I think it's safe to enter btc, even though it's still down to 29k for me it's still safe to survive

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June 06, 2022, 10:35:01 AM
 #49

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .


it is because they are afraid of losing while they forgot the opportunity to gain , they are not learning instead that attitude of the price may drop to ZERO is always in the back of their mind .

and with this the whales and those who manipulates always win because other than anyone they are the one who plans this to happen and to be on the way of profiting .

why not consider this chances to be your guide to buy and purchase the amount you can afford to lose?

why always scared of losing when it is proven that over time bitcoin is profitable and growing?









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June 06, 2022, 11:16:11 AM
 #50

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
but after hitting High again? they will blame the market for not telling them when to buy lol and that is what stupidity people learn now .
Quote
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
thats it they always use the reason of being scared to buy but very eager to earn when there is a Pump.
Quote
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .


I don't know what is the meaning of that "Most Scared" price but this is only 30k?

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June 06, 2022, 01:34:32 PM
 #51

everyone 's analysis is different , so there are many perceptions , so convincing yourself with your own analysis is better . with a price of 30k I think it's safe to enter btc, even though it's still down to 29k for me it's still safe to survive
I agree with you because at least if we use our own analysis, we can certainly learn and gain experience that will be useful for us in the future. Maybe we will be wrong in analyzing, but it will make us continue to learn more in analyzing market movements to improve our skills in analyzing the market. At $30k a while ago, it was a good time to buy bitcoin, but for now, it seems better to wait a bit to see where the bitcoin price will go.

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June 06, 2022, 08:59:13 PM
 #52

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .
We can’t force them to buy since they also have the strategy or they are still afraid to take the risk. It’s ok, this experience will give them another lesson and most probably on the next dip, they might able to buy again. BTC proves that it will always go up no matter what, and the dip price is always a good opportunity to get into this market, lucky to those who are able to buy, harvest season will come to them most probably.
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June 06, 2022, 10:33:06 PM
 #53

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .
We can’t force them to buy since they also have the strategy or they are still afraid to take the risk. It’s ok, this experience will give them another lesson and most probably on the next dip, they might able to buy again. BTC proves that it will always go up no matter what, and the dip price is always a good opportunity to get into this market, lucky to those who are able to buy, harvest season will come to them most probably.
You cant really tell anyone on what they should gonna do specially into this bear market.Some might be seeing this as an opportunity but there are some who do really freak out or hesitant in doing so.
People never ever learn but you cant guarantee that it would really be ending up on the same scenario but most cases it would really be that way thats why there are people who are really going after
on accumulating cheaper coins because they know that once the market do make out some reversal which is something inevitable then they could really make profits out of that.
For those who do have only some enough amount then they would really be keen on taking such action.

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June 06, 2022, 10:55:45 PM
 #54

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .
We can’t force them to buy since they also have the strategy or they are still afraid to take the risk. It’s ok, this experience will give them another lesson and most probably on the next dip, they might able to buy again. BTC proves that it will always go up no matter what, and the dip price is always a good opportunity to get into this market, lucky to those who are able to buy, harvest season will come to them most probably.
You cant really tell anyone on what they should gonna do specially into this bear market.Some might be seeing this as an opportunity but there are some who do really freak out or hesitant in doing so.
People never ever learn but you cant guarantee that it would really be ending up on the same scenario but most cases it would really be that way thats why there are people who are really going after
on accumulating cheaper coins because they know that once the market do make out some reversal which is something inevitable then they could really make profits out of that.
For those who do have only some enough amount then they would really be keen on taking such action.

Today many investors are getting smarter because they learn from their previous mistakes, so in the end every investor has their own strategy
which they think is profitable for them. So we can't expect everyone to do the same when a bear market is happening right now. So instead of
spending time thinking about what other people will do, it's better to just focus on our own strategy.

If we really collect coins that we think are potentially profitable in a bear market situation, we should do it immediately before the market is
bullish again. Because I've had worse bear markets before, so I'm one of those people who believe that collecting potential coins during
a bear market is a good decision to make. Because I think buying coins when a bear market gives me the opportunity to be able to get big profits
in the future. Moreover, usually potential coins can always recover every time the price falls, so I don't hesitate to use the capital I have to buy
some potential coins in the current bear market.

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June 06, 2022, 11:27:56 PM
 #55

This always happens when many people are so excited to buy Bitcoin when the price keeps increasing moreover above $50k. You are right. It really happens
But, vice versa, those people are too afraid to buy Bitcoin when the price is even at $30k only. They're too afraid and worried that Bitcoin price will keep decreasing. It is true that we don't really know if the price will keep continuing to decrease or stop and rise up. But we also don't know exactly the same situation when the price keeps increasing right?
That is why it is aso about phsycology of the market. This is how people also get FUD and even really panic of the FUD and other news spreading.

R


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June 07, 2022, 12:41:20 AM
 #56

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .


It is true that many people that showed interest in this market are wasting the opportunity of their lifetimes by not buying bitcoin right now, but it is their decision to take, if they cannot see beyond the short term and look at the long term prospects of bitcoin then maybe it is better they do not buy bitcoin at all, after all those are the people that are unable to hold their coins when the price goes down, sell them and then complain that bitcoin is a scam.

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June 07, 2022, 03:04:26 AM
 #57

everyone 's analysis is different , so there are many perceptions , so convincing yourself with your own analysis is better . with a price of 30k I think it's safe to enter btc, even though it's still down to 29k for me it's still safe to survive
I agree with you because at least if we use our own analysis, we can certainly learn and gain experience that will be useful for us in the future. Maybe we will be wrong in analyzing, but it will make us continue to learn more in analyzing market movements to improve our skills in analyzing the market. At $30k a while ago, it was a good time to buy bitcoin, but for now, it seems better to wait a bit to see where the bitcoin price will go.

That's why TA is there for us, to see what others can't see and then take it positively or negatively and try to go around with it.

So it's up to individual preferences, but we all know that there are newbies here that don't know what TA is and just look around for advise, so at least we should learn from investors. See what they are saying, like it's a good time to buy right now, and maybe we can follow them and see how it goes, specially if bitcoin goes up in the future and making 2x at least in our investments.

R


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June 07, 2022, 03:28:14 AM
 #58

That's always the tendency. Majority of the people are just going with the flow. When the market is falling, they are fearful. When the market is rising, they feel greed. So they often end up selling when the price is low and buying when the price is high. Instead of sticking to the old wisdom of buy low sell high, they end up doing buy high sell low. This kind of mentality is rampant among retail investors. It's probably because they don't have the guts and mind of an investor.
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June 07, 2022, 06:36:09 AM
 #59

People never learn now those whos scared to buy btc will be ONes who buy btc when btc 50-60k.
Its now dip but people always scared of dips and they prefer to buy from top not from lows.
30k is most scared price range many hope it goes lower but instutions data shows very small possibility tht btc ever can go much lower .


When people are saying that a specific project is a scam, they will still take the risk and invest into it and when it turned up to be a scam, they will feel regret and disappointment. It's the same here. Even though people are saying that you need to buy now that the market is down, they will still not buy because they are scared and they will just buy when it is at the top. Please please, don't do the same because profits are being made mostly in a bear market and that is now.

I don't know why people think like that. Mindset maybe? That's why its good to be a contrarian. When most of the people are thinking of it, it's better if you will do the opposite of it like in investing. When most of the investors are scared, it is better to buy assets and vice versa.

Right now, it looks like $30,000 is the resistance because it tried to go up there twice but both failed and now we are below $30,000 again. Institutions? Don't follow them. Stick to your plan (if you have) and do dollar cost average as always.

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June 07, 2022, 07:02:46 AM
 #60

everyone 's analysis is different , so there are many perceptions , so convincing yourself with your own analysis is better . with a price of 30k I think it's safe to enter btc, even though it's still down to 29k for me it's still safe to survive
I agree with you because at least if we use our own analysis, we can certainly learn and gain experience that will be useful for us in the future. Maybe we will be wrong in analyzing, but it will make us continue to learn more in analyzing market movements to improve our skills in analyzing the market. At $30k a while ago, it was a good time to buy bitcoin, but for now, it seems better to wait a bit to see where the bitcoin price will go.

That's why TA is there for us, to see what others can't see and then take it positively or negatively and try to go around with it.

So it's up to individual preferences, but we all know that there are newbies here that don't know what TA is and just look around for advise, so at least we should learn from investors. See what they are saying, like it's a good time to buy right now, and maybe we can follow them and see how it goes, specially if bitcoin goes up in the future and making 2x at least in our investments.
We can read what they suggest but we have to analyze further to find out why they might suggest so. Maybe we haven't been able to find other information because we are still learning but if we can keep learning, I'm sure we can understand what they mean. So at least, taking information from investors or other people can add insight for us to improve our ability to analyze market conditions.

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