Gosgosking
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July 11, 2022, 08:10:29 PM |
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if you don't want to take the risk, then wait for Bitcoin to reach $17k, because judging by the TA support from Bitcoin is there, but if you are impatient and want to buy it at a price of $19k I suggest buying in stages, because it's a good strategy for minimizing risk.
Buying at 19k is not a bad idea, the price is still very friendly and if it drop to 17k their is no need to regret buying when the price was at 19k. Before Bitcoin drop the price of bitcoin was more than time ls 2 of 19k, it is very sure the price of bitcoin will be more than times 2 of 19k, hodling is just the way.
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tigerwood0432 (OP)
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July 12, 2022, 12:12:43 AM |
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if you don't want to take the risk, then wait for Bitcoin to reach $17k, because judging by the TA support from Bitcoin is there, but if you are impatient and want to buy it at a price of $19k I suggest buying in stages, because it's a good strategy for minimizing risk.
Buying at 19k is not a bad idea, the price is still very friendly and if it drop to 17k their is no need to regret buying when the price was at 19k. Before Bitcoin drop the price of bitcoin was more than time ls 2 of 19k, it is very sure the price of bitcoin will be more than times 2 of 19k, hodling is just the way. Already sold it at 21k , waiting for new low , i put my orders at 15k , 11k , 5k , 3k
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Pandu Geddon
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July 12, 2022, 03:30:45 AM |
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Already sold it at 21k , waiting for new low , i put my orders at 15k , 11k , 5k , 3k
I've also placed orders to buy at 19k, 18.5k, and 17k. but I still doubt that my targets 2 and 3 can be achieved. Instead, seeing the current chart conditions, I want to try to trade futures. I think there will be another small pump on Bitcoin, at least at 20.3k-20.5k. after that there may be another correction that brings Bitcoin to 19k.
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tigerwood0432 (OP)
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July 12, 2022, 06:58:08 AM |
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Already sold it at 21k , waiting for new low , i put my orders at 15k , 11k , 5k , 3k
I've also placed orders to buy at 19k, 18.5k, and 17k. but I still doubt that my targets 2 and 3 can be achieved. Instead, seeing the current chart conditions, I want to try to trade futures. I think there will be another small pump on Bitcoin, at least at 20.3k-20.5k. after that there may be another correction that brings Bitcoin to 19k. Trading futures is very risky . i do not recommend you . Can lose all your capital . Beware on buying now , its still going down . Us dollar is going up against bitcoin , oil , euro ..... i guess bottom not reached yet , im not buying now . i will wait until the situation will be clear
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Finestream
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July 12, 2022, 08:54:13 PM |
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Im buying now good amount , seems bottom reached , BUT i will keep 50% in cash in case bitcoin goes down further .
Im planning to buy btc price around: 19500$ at the time of writting .
Its DONE !
keep 50% of my money in cash in case it goes more down and get good average to put orders like this :
25% @ 15,000$
25% at 11,000$
will have a good average price
You have a good investment plan, but the problem is it's hard to tell when bitcoin will certainly reach that point. Although the market looks more bearish, but the movement of bitcoin is still unpredictable. It goes back and forth, up and down. How about try DCA so you will never miss the perfect opportunities to buy. Setting a good price when to buy is good, but as bitcoin is highly volatile, we can never tell if it has reached its bottom price or not.
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Kasabus
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July 12, 2022, 09:32:36 PM |
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I think this is good time to buy and keep holding. I don't think the price of Bitcoin will go bellow $17k. It was last dip for bitcoin. The market is now somewhat stable. And altcoins now trying to recover. I think bitcoin also will pump soon. Also Altcoin will pump. So in my opinion i mean this is a good time to but bitcoin and altcoins also
Well, no one can really tell if bitcoin's last dip has already achieved or not. What we have are just wild guesses. But looking at the current market scenario, this is already a perfect time time for accumulation. Do not wait for more dip prices as bitcoin price will always be hard to predict. If you have more funds on hand, then i suggest do DCA. Learn to buy in every price drop. But never spend all your hard earned money just for a single investment.
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Hamphser
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July 12, 2022, 09:44:36 PM |
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I think this is good time to buy and keep holding. I don't think the price of Bitcoin will go bellow $17k. It was last dip for bitcoin. The market is now somewhat stable. And altcoins now trying to recover. I think bitcoin also will pump soon. Also Altcoin will pump. So in my opinion i mean this is a good time to but bitcoin and altcoins also
Well, no one can really tell if bitcoin's last dip has already achieved or not. What we have are just wild guesses. But looking at the current market scenario, this is already a perfect time time for accumulation. Do not wait for more dip prices as bitcoin price will always be hard to predict. If you have more funds on hand, then i suggest do DCA. Learn to buy in every price drop. But never spend all your hard earned money just for a single investment. No one would able to predict on whats the bottom and to those who had waited and sell off on 21k did made a good choice considering the price had plummet once again and its not a bad time for us to re-enter in the market where currently the price is decreasing once again and thats how unpredictable this market is but of course each decision had been made would really be having no guarantees or sureness that it would happen.For those who are going for long term then these movements wont really be causing any issues. For those who do trade and make short on minimal amount of time then it isnt really a bad idea to play up with these price movements which i would say that it is really significant for you to make profits.
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smartaction
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July 13, 2022, 05:56:00 AM |
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I think this is good time to buy and keep holding. I don't think the price of Bitcoin will go bellow $17k. It was last dip for bitcoin. The market is now somewhat stable. And altcoins now trying to recover. I think bitcoin also will pump soon. Also Altcoin will pump. So in my opinion i mean this is a good time to but bitcoin and altcoins also
Well, no one can really tell if bitcoin's last dip has already achieved or not. What we have are just wild guesses. But looking at the current market scenario, this is already a perfect time time for accumulation. Do not wait for more dip prices as bitcoin price will always be hard to predict. If you have more funds on hand, then i suggest do DCA. Learn to buy in every price drop. But never spend all your hard earned money just for a single investment. It is true no one can tell the last dip or last pump for cryptocurrency. But we can guess it, Which is very much in line with the market conditions. We have been with cryptocurrency for a long time so we have come up with an idea based on which we can think about the market conditions and determine the time of investment. From that idea we can say that now is the real time to invest in Bitcoin
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Wind_FURY
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July 13, 2022, 11:10:51 AM |
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Im planning to buy btc price around: 19500$ at the time of writting .
I have always always promoted, Buy the DIP, and HODL, which soon I might change to, Buy EVERY DIP, and HODL, depending on macro-economic conditions. BUT, I'm gambling with last week's signature campaign payment from BlackJack.fun, with a 10x leveraged position. I know I'm gambling, and this doesn't affect my savings in cold-storage. I'm merely doing this as an experiment. Hahaha.
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Mauser
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July 13, 2022, 11:40:59 AM |
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keep 50% of my money in cash in case it goes more down and get good average to put orders like this :
25% @ 15,000$
25% at 11,000$
will have a good average price
That's the best approach you can do when it comes to trading, split your orders in smaller sizes and trade over a longer period of time. Nobody knows exactly when we will reach the bottom, it's predictions and only time will tell if we were right or wrong. Similar to your approach I have been buying bitcoins for the last two months now. Buying every 4 weeks seems like a good interval to take advantage of the dip abs get a good average price. Your 2 orders are fine if the price will drop further. But what if the worst is already behind us and prices are recovering? Than you will have missed out on investing 50% if your money.
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sklopan
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July 13, 2022, 01:16:03 PM |
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I have doubts that the bottom is yet to come. I still doubt, of course, and have not yet bought more, but I am almost sure that we will still see the lowest figure.
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fuguebtc
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July 13, 2022, 04:47:11 PM |
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I have doubts that the bottom is yet to come. I still doubt, of course, and have not yet bought more, but I am almost sure that we will still see the lowest figure.
Markets indicate another drop will come, but we will never be able to determine the exact bottom level of the market. Rather than waiting for the low to come, we can buy at the levels that are closest to the bottom and dca when there is a new bottom to come across. In the DIP market, you should split your buy orders into smaller pieces and buy in stages should not wait.
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Fivestar4everMVP
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July 13, 2022, 04:57:38 PM |
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Im buying now good amount , seems bottom reached , BUT i will keep 50% in cash in case bitcoin goes down further .
This is the best way or rather, strategy to invest, asking when is the best time to buy is actually wrong because there is no best time to buy Bitcoin or any other crypto currency because prices are highly unpredictable, somebody can tell you the best time to buy is when the price is at $19,000, and you buy at $19,000, only to price go down below $18,000 few hours later. So the best thing to do is to use the DCA strategy, that is buying an equal amount at every dip while waiting for price to rise.
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Wind_FURY
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July 14, 2022, 05:59:47 AM |
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keep 50% of my money in cash in case it goes more down and get good average to put orders like this :
25% @ 15,000$
25% at 11,000$
will have a good average price
That's the best approach you can do when it comes to trading, split your orders in smaller sizes and trade over a longer period of time. Nobody knows exactly when we will reach the bottom, it's predictions and only time will tell if we were right or wrong. No one knows, but some indications that Bitcoin has already reached the bottom of the bear cycle. I know I currently sound like a broken record, but I was broken record too during the whole of 2019, screaming at everyone to buy the DIP, and HODL. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Similar to your approach I have been buying bitcoins for the last two months now. Buying every 4 weeks seems like a good interval to take advantage of the dip abs get a good average price. Your 2 orders are fine if the price will drop further. But what if the worst is already behind us and prices are recovering? Than you will have missed out on investing 50% if your money.
If the price is recovering, you buy EVERY DIP, which will end higher than the last DIP, average up instead of average down.
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tbterryboy
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July 14, 2022, 03:16:38 PM |
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You have a good investment plan, but the problem is it's hard to tell when bitcoin will certainly reach that point. Although the market looks more bearish, but the movement of bitcoin is still unpredictable. It goes back and forth, up and down. How about try DCA so you will never miss the perfect opportunities to buy. Setting a good price when to buy is good, but as bitcoin is highly volatile, we can never tell if it has reached its bottom price or not.
He knows it already that it's hard to predict the price that's why he decided to came up with a plan like that and I think it was still like a dca because he did already bought some but then he prefer to keep the other half of his money in preparation in case price dips more. It seems he is contented already so it's not a big deal if the price continues to rise and never fall again and there won't be a hard feeling if ever price starts to nose dive because he didn't risk huge but he will be glad because he can try his other plan and that is buying bitcoin at a much cheaper rate. It's important that we set our preferred price so that we are organized.
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LUCKMCFLY
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July 17, 2022, 05:09:30 PM |
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I have two options - either buy now or wait for a further drop.
Yes, when placing it in that context you are completely right, but some exceptions can be made, it is not bought at once, but is done gradually, which if you have a specific balance can be divided up to 4 equal parts, in case the market drops at least 3 times after we make the purchase, if it is that way it can be done, but only if it is in BTC, in another currency it is practically a waste of money, but I think that It is the best way to buy. In what I have seen the market has been rising a bit, $21k is not bad, the price is very good, if we were to risk it and buy in this amount and then see the price rise to $30k, $40k we would be earning like the great ones, everyone takes their risks and I believe that life is full of opportunities.
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Toni Ross
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July 18, 2022, 04:28:29 AM |
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I think it's a good time to buy some crypto. Sooner to later, it will rebounce. But keep some money aside because in case it drops further you still can buy some of it.
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AnonBitCoiner
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July 20, 2022, 05:07:00 PM |
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Ethereum is pumping, same with Bitcoin and other coins. This has been a good week for the crypto, but no one knows if it will continue. But we are still in a bear market and might continue that way till quantitative easing starts or Bitcoin decouple from stocks. For now we wait.
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MCobian
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July 20, 2022, 11:48:13 PM |
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Ethereum is pumping, same with Bitcoin and other coins. This has been a good week for the crypto, but no one knows if it will continue. But we are still in a bear market and might continue that way till quantitative easing starts or Bitcoin decouple from stocks. For now we wait.
We really shouldn't be in a hurry to buy crypto, even though the market is showing a positive trend right now. Because we are still in a bear market, so there is still a possibility that the market will go down again. It should be when Bitcoin is still below $20k that's the best time to buy, but buying now is very risky. Like you said it's better we wait for a while first to make sure the market really recovers. I suggest that for now it's better to just monitor the market first for the next few days, and after that we can re-analyze whether it is worth buying crypto or not.
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Mr. Magkaisa
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July 21, 2022, 01:42:25 PM |
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Im buying now good amount , seems bottom reached , BUT i will keep 50% in cash in case bitcoin goes down further .
Im planning to buy btc price around: 19500$ at the time of writting .
Its DONE !
keep 50% of my money in cash in case it goes more down and get good average to put orders like this :
25% @ 15,000$
25% at 11,000$
will have a good average price
The question is did the price of bitcoin you are thinking is happen? because as far as I know bitcoin did not drop that much in the market, but its price played in the range of 18k$ to 24k$ which can be said as it can possible just a bull trap were until now most coins in the market have turned green due to the rise of bitcoin but now it has fallen again to 22k$ and it looks like it will fall even more to 20k $ per Bitcoin.
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