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Author Topic: BTC is being too nice. Most people don't deserve the chance to buy it so cheap.  (Read 547 times)
wxa7115
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June 19, 2022, 05:53:11 PM
 #21

The ones who will miss this train also might never see another. Do you really think BTC will be so cheap for the next years to come? Once it goes in the $1xx,xxx zone you better get used to it.

BTC is being too nice because most people don't deserve another chance after they had thousands of chances to buy it cheap and did nothing.
It is true that it is unlikely we are going to see another opportunity like this in the future, sub 20k prices were almost unthinkable a few months ago and yet here we are.

However we cannot force people to buy, they are the ones which must decide to enter the market and if they choose to miss this chance then that is on them, the only thing we can do is to take advantage of it and then hold our coins for as long as we can, as this is the way in which we will obtain the most benefits out of our coins.

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June 19, 2022, 06:19:30 PM
 #22

However we cannot force people to buy, they are the ones which must decide to enter the market and if they choose to miss this chance then that is on them, the only thing we can do is to take advantage of it and then hold our coins for as long as we can, as this is the way in which we will obtain the most benefits out of our coins.
I second that, i have always believed that people are absolutely free to think whatsoever that want to about Bitcoin, that is their own opinion and it should be respected, we are Bitcoin believers cause we have prolly seen quite a lot of things that made us believe, we have also done out own research and made up out mind that Bitcoin is perfect, both as an investment and a currency, and that is why most of us use it, for those who do not have the desire to research and find out for themselves, then it is on them; and if they buy other assets they feel are better, then that is their choice.

One thing i have learnt not to do is to panic, over the years my confidence in Bitcoin has grown very large, and i have had no reason to regret that, or to stop accumulating when i see a great opportunity, and for those people that are like me, let us keep accumulating, that is our choice too.

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June 19, 2022, 06:36:18 PM
 #23

When btc was at $60k, people were saying "I would go all-in at $40k. Then $40k came, those people didn't buy and this time they said, "I would go all in at $30k." Then $30k came and went... Now btc is at $20k and those people are still not buying. They will buy it when btc hits $100k. It happened lots of time before and it will happen again. People just love buying the tops.

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June 19, 2022, 06:37:56 PM
 #24

"Cheap" depends on how you see it.

Someone who bought at 60k will feel destroyed seeing that for some unknown reason it corrected so much. That person will probably be out of money now and suffering a nervous breakdown Cheesy
Someone who bought at 1k will think it's still a good price to take some profit in case it kept dropping.

It's a matter of perspective.

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June 19, 2022, 11:39:33 PM
 #25

The current bear market is indeed an opportunity for crypto investors to buy Bitcoin. Unfortunately, not everyone sees that as an opportunity. One major fear is - how low can Bitcoin still go, before it begins U-turn for up-trend movement. Investors that understand the associated risk on the investment are the ones expected to invest in Bitcoin. Though Bitcoin might be cheap now, it still requires caution before investing in it, and only those that understand the risk involved and are prepared for such risks. Yes, the current bear market offers opportunity for investors. 

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June 20, 2022, 05:04:07 AM
 #26

"Cheap" depends on how you see it.

Someone who bought at 60k will feel destroyed seeing that for some unknown reason it corrected so much. That person will probably be out of money now and suffering a nervous breakdown Cheesy
Someone who bought at 1k will think it's still a good price to take some profit in case it kept dropping.

It's a matter of perspective.

Everyone's perspective is different because they buy at too high a price.
This extreme correction makes those who buy at high prices, of course, will be very depressed in this situation.
Therefore, to overcome this kind of thing, it is necessary to do money management, so that there will be spare money that can be used to buy again at a cheaper price than the initial order. or implementing a DCA strategy is a good option too, provided the capital must remain.

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June 20, 2022, 07:25:54 AM
 #27

That's a good point you made, during this time when everyone is not happy because of falling the price of bitcoin, actually, the market is giving the people some discount to buy bitcoin at the cheaper prices, and this can be a good opportunity for the people who couldn't buy bitcoin so far or for the people who want to enter the cryptocurrency market as a new investor, buy regardless of that they should always be careful their risk management because we do not know when the bearish market is going to end and we see an uptrend price movement again.

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June 20, 2022, 08:11:37 AM
 #28

Well, the bloodbath came a year early then Sad but there might still be another next year though, probably like this one.

I think the narrative that the little man is going to get rich buying a little bitcoin every month is never going to be true again, because the future returns are not going to be like they were in the early years.

This is the last halvening you'll be able to DCA (dollar cost average) your way into bitcoin and make a modest profit. And certainly nobody will get rich out of that - I'm actually glad that narrative is largely done with so that people can stop viewing this crypto as "something we can just buy and it will make us rich" - I mean come on, have you ever seen anyone say if they just exchange foreign currencies for dollars they will become rich?

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June 20, 2022, 08:29:03 AM
 #29

The ones who will miss this train also might never see another. Do you really think BTC will be so cheap for the next years to come? Once it goes in the $1xx,xxx zone you better get used to it.

BTC is being too nice because most people don't deserve another chance after they had thousands of chances to buy it cheap and did nothing.

I agree with you, the prices we are seeing right now are so generous. I bought some bitcoins this weekend at 19,000 USD with my poker winnings and my left over vacation money. It's crazy are so many people are selling their coins these days. I am wondering now if it's all panic selling and the sellers are making losses, or if it's some older investors who are taking some profits now. But why would anybody sell right now when they bought their coins below 10,000 USD back in the days. Now it's a good time to stock up on crypto coins, otherwise we cry during the next rally that we didn't buy any.
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June 20, 2022, 09:28:02 AM
 #30

I agree with u that BTC price will skyrocket but then nobody knows when that time will come so we buy the dip and keep waiting for the price to increase and also everybody deserve to hold Bitcoin it is not limited to particular sets of individuals

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June 20, 2022, 03:13:10 PM
 #31

everyone deserves to have bitcoin I think it's just that limited money makes them not have btc, different people who have more money, what's more, nowadays many new investors are competing to invest in large amounts of btc and hope that BTC will be priced at 60k$ again, only just when that time will come

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June 20, 2022, 03:42:34 PM
 #32

The ones who will miss this train also might never see another. Do you really think BTC will be so cheap for the next years to come? Once it goes in the $1xx,xxx zone you better get used to it.

BTC is being too nice because most people don't deserve another chance after they had thousands of chances to buy it cheap and did nothing.
Maybe an opportunity passed. Those who have been waiting to buy Bitcoin have missed a lot if they could not buy at the time of maximum dumping in the market.Those who bought when the Bitcoin market was at $17k but are now in great profit.Maybe I can never expect such a dumping market again.
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June 20, 2022, 07:03:31 PM
 #33

the prices we are seeing right now are so generous. I bought some bitcoins this weekend at 19,000 USD with my poker winnings and my left over vacation money. It's crazy are so many people are selling their coins these days. I am wondering now if it's all panic selling and the sellers are making losses, or if it's some older investors who are taking some profits now. But why would anybody sell right now when they bought their coins below 10,000 USD back in the days. Now it's a good time to stock up on crypto coins, otherwise we cry during the next rally that we didn't buy any.
Well, it is mainly the newbies obviously. People who have been here knows about the current climate and been here before and that is not a shocking thing for us. We have seen crypto get low and we have seen crypto go high, as people who have seen it all, that doesn't really make it interesting for us at all.

I know for a fact that we can't really make it work for us, so we just wait and wait for it to work by itself and go up, after that we can sell for a profit. I have bought from all kinds of places so I am not really a "wizard" in investment, I have bought at under 20k but I have bought at over 60k and all the prices in between, I do DCA but I never felt worried for a second in any of them.

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June 20, 2022, 08:22:40 PM
 #34

When btc was at $60k, people were saying "I would go all-in at $40k. Then $40k came, those people didn't buy and this time they said, "I would go all in at $30k." Then $30k came and went... Now btc is at $20k and those people are still not buying. They will buy it when btc hits $100k. It happened lots of time before and it will happen again. People just love buying the tops.

The mentality is that, they are afraid of buying to a free falling price as they think it might not going to recover sooner than they think or not going to recover anymore.
They tend to buy at rapid upward price trend thinking it won't stop pumping until they get a good profit, and then eventually not profiting at all coz some of these people are going to sell if Bitcoin starts falling again.

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June 20, 2022, 08:55:32 PM
 #35

The ones who will miss this train also might never see another. Do you really think BTC will be so cheap for the next years to come? Once it goes in the $1xx,xxx zone you better get used to it.

BTC is being too nice because most people don't deserve another chance after they had thousands of chances to buy it cheap and did nothing.
If people will still miss the train this time and won't dare to take advantage when the market is giving them the chance to buy, then maybe they still fail to realized that bitcoin will be worth a hundred thousand in the next couple of years and when they see its already coming, they will just resort into regrets. It would be hurting deep within when you are already given the best chance and yet you refused to ride with the train, not because you have fears, but because you never trust bitcoin that it would go that far.

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June 20, 2022, 09:19:14 PM
 #36

The ones who will miss this train also might never see another. Do you really think BTC will be so cheap for the next years to come? Once it goes in the $1xx,xxx zone you better get used to it.

BTC is being too nice because most people don't deserve another chance after they had thousands of chances to buy it cheap and did nothing.

And one day BTC will leave the people who harbor doubts today. no matter how deep the bear threat makes some people give up, we need to remember that Bitcoin filters those who have lost faith to provide something extraordinary for those who still believe. Now we know who is with Bitcoin and who is pretending to support Bitcoin.

Hold on tight!!
In the end, the winners will always those who were never scared to take the risk, and buy and hold bitcoin while others chose to leave the market to stop their losses. It's just sad that a lot would want to be part in the bullish market and make the best profits, but they can't even endure the patience and perseverance that this bearish market needs. At the end of the day, faith is still what matters the most.

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June 20, 2022, 09:48:41 PM
 #37

The ones who will miss this train also might never see another. Do you really think BTC will be so cheap for the next years to come? Once it goes in the $1xx,xxx zone you better get used to it.

BTC is being too nice because most people don't deserve another chance after they had thousands of chances to buy it cheap and did nothing.
But in real life, the ones who misses the train can still ride on another train as trains don't remain on one position but they keep on moving, the same scenario can be applied here in cryptos. Btc/price being the train and is volatile.

Btc in the future might not be cheaper as its price now but at least it can still fall right after an all time high and people can still buy it and be able to make a profit once it recovers and reach another new ath but I think a bigger dumps is still possible because if we look at last time when btc hit 69k, it then falls up to this point. It can mean that the higher price gets, the heavier the dump can also be experienced.

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June 20, 2022, 10:10:46 PM
 #38

The ones who will miss this train also might never see another. Do you really think BTC will be so cheap for the next years to come? Once it goes in the $1xx,xxx zone you better get used to it.

BTC is being too nice because most people don't deserve another chance after they had thousands of chances to buy it cheap and did nothing.
from my own observation and my reasoning about bitcoin i seen that bitcoin is something that have it's opportunity of acceleration anytime and any minute to accelerate. So predicting the measure of bitcoin rising next year is something that You and I, don't know because it might reason now due to the gravity of the market demand and supply, so that is why it's encouraging to utilize this opportunity of cryptocurrency bearish market and invest wisely and largely into cryptocurrency industry. That's from my perspective of cryptocurrency investment.

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June 21, 2022, 05:09:24 AM
 #39

Quote
The ones who will miss this train also might never see another. Do you really think BTC will be so cheap for the next years to come?

I don't think bitcoin price will be cheap next year based on what is happening in the crypto market, which is the best time to buy bitcoin and hold for the price to increase higher before you can sell to make a good profit. Many people will not miss this opportunity to buy bitcoin because the price just dropped down to $20,000 few minutes ago that showed next year the price will be very high for investors to make a huge amount of money from their investments. It will be difficult for the price of bitcoin to drop below $18,000 this year before it will hit back to $50,000 for long term investors to make a passive income.

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June 21, 2022, 09:58:20 AM
 #40

Opportunities present themselves everywhere if one has the right perspective. Historically buying Bitcoin after major dips has been a successful strategy, but yet, that doesn't necessarily mean it will still "work" in the future.

Emotions play a big factor in making investment decisions especially in today's environment when many are pressed by living expenses, rising inflation and overall political/economical instability. Most crypto veterans whether they are now broke or richer than ever, should have learnt to supress their emotions like FOMO and know how to navigate the omni-present FUD. Really guys, the key is being mindful and having an objective mind when it comes to investing.

Just a note here. BTC is not being "too nice", it is simply the reflection of market participants. Remember that an order book is made of buy and sell orders. If more people are willing to sell than they are to buy we go south and vice-versa. When it is an equilibrium we remain in a range Wink
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