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Author Topic: 8 months low, no better time than now.  (Read 953 times)
bitcrystal
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June 28, 2022, 11:46:04 PM
 #81

Not a better time to buy because the dip isn't over. Maybe I would have agreed if you say a better tike to start buying in tranches and apply DCA if it goes lower. We need a move either up or down for a new structure to form so we will really know if it's downward or upward that the price will move.
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June 29, 2022, 01:22:13 AM
 #82

It should also be noted that it is not only bitcoin that is currently in a declining position but the entire sector. Stock markets and the world economy are in critical times. then that is also the cause of all sectors experiencing a decline. and the anti bitcoin began to use this opportunity to spread fud against bitcoin.
Yes, the whole economy is going through tough times not just the crypto market.

Always will be, when bitcoin is at its peak and keeps hitting new ATH they say the bitcoin bubble is about to burst and when bitcoin goes down they start singing that bitcoin will go to zero and it will die soon. All this will never stop, as long as bitcoin exists they will always find excuses to spread that lie.

and the fact that is happening today, those who are anti-bitcoin are also secretly investing in crypto. Creating FUD is just a manipulative job to lower the price of bitcoin and buy it cheap. We've been through several periods where bitcoin is always hit with FUD which causes bitcoin to crash to the lowest price, and then we definitely know, bitcoin will return to the highest price and action to take profits will occur.
This cycle will keep repeating itself.

Sure, I bet you guys who are always creating FUDs looking for ways to bring bitcoin down to its lowest price are also actively buying bitcoins and cryptocurrencies. Including the government, maybe they will enact a law banning people from using bitcoin but there's no guarantee they won't buy bitcoin behind their back.
We all need money and they, like us, need as many assets as possible, but their way of doing things is dirtier than ours.

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June 29, 2022, 12:44:41 PM
 #83

Quote
bitcoin today formed a bearish wedge pattern, so after a decline from 28$k it broke below 20$k and this is still possible fake bitcoin bullish or real ..? maybe most of the forum members here are already hesitant to take advantage of the next decline and prefer to hold on and be patient because too many emotions we have conquered

I think,the bearish market will soon be over in the crypto market, because the price is preparing to hit higher for investors to start earning something good from their investment. I believe, Bitcoin price will not decrease more than this current price before it will hit $60,000 because the green light is preparing to be stable through out this year 2022. Many potential investors will use this opportunity to buy huge amount of bitcoins and hold for the price to increase higher before they can sell to achieve incomes.

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June 29, 2022, 07:15:24 PM
 #84

Nobody knows if 17K was the actual floor for BTC and it could go lower than that.

However, if you aim to hold it, then yes, right now btc has a good price to enter as well.

Not a financial advice.
this is what is happening in the market for now, but we have to analyze the market for the next trend so we can see the price, although not necessarily that way we can get certainty, but what we do has a direction to be able to get the right buying and selling prices right because holding on too long is sometimes very boring Grin Grin Grin
There's really no certainty on these coins because we can't know what would happen in the future because we don't know how bearish the market could become soon, we know it's risky but these risk will be worth if the market starts to recover again and maybe it will hit a new ATH few months from now. Hodling might be boring but it's the easiest and safest thing to do rather than bothering yourself on checking the prices daily and hourly.

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Oilacris
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June 29, 2022, 09:58:13 PM
 #85

Nobody knows if 17K was the actual floor for BTC and it could go lower than that.

However, if you aim to hold it, then yes, right now btc has a good price to enter as well.

Not a financial advice.
this is what is happening in the market for now, but we have to analyze the market for the next trend so we can see the price, although not necessarily that way we can get certainty, but what we do has a direction to be able to get the right buying and selling prices right because holding on too long is sometimes very boring Grin Grin Grin
There's really no certainty on these coins because we can't know what would happen in the future because we don't know how bearish the market could become soon, we know it's risky but these risk will be worth if the market starts to recover again and maybe it will hit a new ATH few months from now. Hodling might be boring but it's the easiest and safest thing to do rather than bothering yourself on checking the prices daily and hourly.
On the time you had stepped your foot into this market then you should already make yourself realized these things on the first place on which nothing is assured and everything is really random.

We cant know on where the price would be heading and neither the market could move sideways for a very long time which simply means that you would really be
needing to realize and make out steps according to your risk management.

Dont anticipate for positives because market could really go oppose on what you are expecting.Expect the unexpected as always.

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June 30, 2022, 02:49:28 AM
 #86

I haven't seen a sideways in 2 years. I will wait for the moment when bitcoin side is like that

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June 30, 2022, 03:19:40 AM
 #87

Nobody knows if 17K was the actual floor for BTC and it could go lower than that.

However, if you aim to hold it, then yes, right now btc has a good price to enter as well.

Not a financial advice.
this is what is happening in the market for now, but we have to analyze the market for the next trend so we can see the price, although not necessarily that way we can get certainty, but what we do has a direction to be able to get the right buying and selling prices right because holding on too long is sometimes very boring Grin Grin Grin
There's really no certainty on these coins because we can't know what would happen in the future because we don't know how bearish the market could become soon, we know it's risky but these risk will be worth if the market starts to recover again and maybe it will hit a new ATH few months from now. Hodling might be boring but it's the easiest and safest thing to do rather than bothering yourself on checking the prices daily and hourly.
holding is boring, but we can ignore it so we don't keep thinking about it. that way we will be better able to hold on to it in the long term. this is just talking about psychology and the courage to take risks, so the right time to let it go is when the bullish season arrives, and those who can't afford it, of course, will experience panic selling which will harm ourselves, so plan carefully before investing in bitcoin

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June 30, 2022, 04:56:30 AM
 #88

This won’t go long. Many investors are already taking the advantages of the dip and making investments.
The market is expected to see a rise by the end of this year.
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June 30, 2022, 05:14:26 AM
 #89

Timing the crypto market is not foolproof.  Of course we want to buy Bitcoin at the lowest, but IMHO it's best to find an acceptable floor that works with long term HODL'ing and keeping some in reserve just in case Bitcoin drops lowers than anticipated floor or a limit order in place for a potential flash crash.
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June 30, 2022, 12:45:16 PM
 #90

Everyone with their own concept about Bitcoin. If they come to us and tell us that Bitcoin is bad for the environment, then I will have to argue it if the cars and industries that donate tons of toxic chemical and fumes to the environment causing climate change every single year is good for our ecosystem. People just like coming up different different excuses to term something good bad.
The FUDers that had caused the current fall of price of Bitcoin want us to sell our holdings so they can change our mindset and make us venerable and put us in penury.

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June 30, 2022, 01:01:53 PM
 #91

Everyone with their own concept about Bitcoin. If they come to us and tell us that Bitcoin is bad for the environment, then I will have to argue it if the cars and industries that donate tons of toxic chemical and fumes to the environment causing climate change every single year is good for our ecosystem. People just like coming up different different excuses to term something good bad.
The FUDers that had caused the current fall of price of Bitcoin want us to sell our holdings so they can change our mindset and make us venerable and put us in penury.

That's the very reason for doing your own research and study. You can stand and establish your understanding

regarding to the investment/means of transacting that you choose to use or choose to hold, those people who are trying to
shake the market are mostly the one who know how to generate a huge amount of profits out from newbie or weak holders,
they are good at playing with people's emotions and backing it up with tons of money to support their claims.
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June 30, 2022, 06:48:47 PM
 #92

So much have been in the fore play in Bitcoin and to that a lot of issues have forced Bitcoin to behave in the current behavior, from sec calling Bitcoin an anti-environment and eco friendly even though we know all this are campaign of fallacy championed by anti Bitcoin crusader.  
The world's richest people are now competing for bitcoin. If someone fails here, they try to represent it negatively. Maybe it's because their habits can't tolerate anything positive or they can't afford to buy bitcoins. But no matter what is said, Bitcoin will run at its own pace.

Bitcoin, which has reached its lowest price since 2020, currently it is said to be a golden opportunity. However, it should be well understood before buying because it is the most volatile and long-term investment asset.

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June 30, 2022, 09:56:34 PM
 #93

holding is boring, but we can ignore it so we don't keep thinking about it. that way we will be better able to hold on to it in the long term. this is just talking about psychology and the courage to take risks, so the right time to let it go is when the bullish season arrives, and those who can't afford it, of course, will experience panic selling which will harm ourselves, so plan carefully before investing in bitcoin
I don't know if here someone like me, trades crypto and holds it when the price falls too deep due to wrong attitude, not purely long term investment i.e. buy and hold, so it's hard to ignore the market and what is happening at the moment and sell loss to get a higher return from the decline is very valuable momentum with a discount and increase the asset,

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July 04, 2022, 05:28:21 AM
 #94

Bitcoin is expected to rise upto $28K by the end of this year. This statement is released by Duetshe bank.
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July 04, 2022, 06:50:48 AM
 #95

Falling bitcoin prices are surely a matter of concern for me but I have no idea what to do at the moment. Just when I decide to hodl, it shows an upward movement and when I want to sell it, the price falls. There is so much fluctuation in the market at the moment that there is nothing you can expect from your trades.
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July 04, 2022, 07:17:31 AM
 #96

Bitcoin is expected to rise upto $28K by the end of this year. This statement is released by Duetshe bank.

I will help you and post a proof link here https://news.bitcoin.com/deutsche-bank-predicts-bitcoin-rising-to-28k-by-year-end-warns-crypto-free-fall-could-continue/.

In reality, this is not the price everyone are expecting Smiley The only price that suits everyone is new ATH. I dont know how they came with such a number, but it seems pretty low for me. It took weeks or even days to loose 5-10 thousand in price, and it will take months to gain back? I am expecting Bitcoin price not to change much during these 6 months that are left till New Year.

 
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July 04, 2022, 07:19:06 AM
 #97

You cannot really recognize or expect wherein the bottom is, however, I agree with that Bitcoin will crash even in addition the subsequent days. I don't have the budget to purchase now, nor the endurance to await a capability recuperation in the remote destiny. Don't be amazed if it hits $15.000 in the approaching forty eight hours, do not rush too much to make purchases now, there may be a high opportunity that you may gain a way lower price. I think after a huge low , It will go up very soon, lets hope for the best
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July 04, 2022, 07:27:58 AM
 #98

There is no better or worse time for investing. It all depends on your own investing strategy mate.
And if you say this is the best time to buy Bitcoin, It is. I would say maybe DCA for the next several months.
That will be the best strategy as compared to directly investing all your money at once.
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