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Author Topic: Ignore the dip and Invest in Bitcoin for long term  (Read 2435 times)
Rana590
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August 27, 2022, 08:50:27 PM
 #221

Yes its a best idea because now mostly cryptocurrency wan,t run perfectly due to whole market down and we won't believe on this they have some future or not but Bitcoin have a bright future everyone know so in every dip I recommend investing in Bitcoin is better ....
I think it's only those that are smart investors that can know the benefits of investing in Bitcoin now that the price is very low and affordable to invest. Those who are buying Bitcoin now will tend to benefit long on it.
 The market always go up and down and we don't need to border about whether the market will keeps going down or not, what we should be interested in is to buy more holdings now thag everything I'm the Crypto market had fell giving us the opportunity for us to accumulate more holdings before the bull commenced.
That is the point that OP is trying to brief that we shouldn't worry about the price. We know that price can goes up or down and it is natural for crypto currency. We should buy as possible for us when price is near our hand. In my opinion, it is a great opportunity to enter the market and buy for long time.
CryptoHeadlineNews
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August 27, 2022, 09:06:32 PM
 #222

Moreover, buying the dip doesn’t guarantee that you’ll make profits. At the end of the day, the advise is simple. Don’t invest what you can’t afford to lose.
Of course, buying the dip is a sure guarantee you will make profits, unless you are referring to shitcoins, but as long as it's Bitcoin, it's a sure guarantee to make profits, but it's all about a matter of time, which could take a month, 6months or a year to see a reasonable profit of your invested capital, which is why it's always advisable to always invest an amount you don't intend to use that moment or preferably, an amount you could afford to lose

 
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wmaurik
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August 28, 2022, 05:14:02 AM
 #223

Yes its a best idea because now mostly cryptocurrency wan,t run perfectly due to whole market down and we won't believe on this they have some future or not but Bitcoin have a bright future everyone know so in every dip I recommend investing in Bitcoin is better ....
Bitcoin is always not the same as other cryptocurrencies in terms of the future, because Bitcoin still has a very good future even though it is experiencing a price drop like now.
But for other cryptocurrencies I still have doubts about its future even though there has been improvement and continuous development, it is still very possible to experience a severe crash in the market.

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KaliLinux
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August 28, 2022, 05:58:30 AM
 #224

Yes its a best idea because now mostly cryptocurrency wan,t run perfectly due to whole market down and we won't believe on this they have some future or not but Bitcoin have a bright future everyone know so in every dip I recommend investing in Bitcoin is better ....
Bitcoin is always not the same as other cryptocurrencies in terms of the future, because Bitcoin still has a very good future even though it is experiencing a price drop like now.
But for other cryptocurrencies I still have doubts about its future even though there has been improvement and continuous development, it is still very possible to experience a severe crash in the market.
Quite frankly, the whole market is in that "severe crash" as you know, Bitcoins price action affects all other cryptocurrency prices hence the dip you see with all other crypto prices.

Bitcoin thus far has dropped -71% from its ATH and could still dip more and yes some Alts have had a worse dip from ATH but I believe that a few Alts also have proven themselves and can go through the bear season as they have done before. 
8rch7
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August 28, 2022, 06:20:53 AM
 #225

It is very difficult to practice patience, because almost everyone wants instant results, especially now that the price of bitcoin has dropped so there are some people who have switched to investing in other coins, only certain people have extra patience and continue to invest in bitcoin and ignore the decline price, so now we introduce bitcoin to other people it is very difficult, because of the problem of current prices which always decline significantly, I really salute people who continue to invest in bitcoin even though the current price is unstable.

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Cryptmuster
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August 28, 2022, 06:47:47 AM
 #226

Of course, buying the dip is a sure guarantee you will make profits, unless you are referring to shitcoins, but as long as it's Bitcoin, it's a sure guarantee to make profits, but it's all about a matter of time, which could take a month, 6months or a year to see a reasonable profit of your invested capital, which is why it's always advisable to always invest an amount you don't intend to use that moment or preferably, an amount you could afford to lose


For most people, the amount they are willing to lose is too small to make any significant gains. Therefore, at the initial stage of investing, you need to risk a lot of money in order to get a big profit, otherwise it can all drag on for a very long period of time. Bitcoin may fall in price even lower, but it is not scary to buy it now, because this level holds well and it is actively bought on falls.

 
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wmaurik
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September 01, 2022, 02:48:24 AM
 #227

Quite frankly, the whole market is in that "severe crash" as you know, Bitcoins price action affects all other cryptocurrency prices hence the dip you see with all other crypto prices.
Most people can't enjoy the "severe crash" that's happening in the market today and that's perfectly normal because they probably bought at a high price.
But I can still be patient with that because I only make purchases when the decline occurs or when the price is low and it won't be a problem if I buy I have to hold it for a long time.

Quote
Bitcoin thus far has dropped -71% from its ATH and could still dip more and yes some Alts have had a worse dip from ATH but I believe that a few Alts also have proven themselves and can go through the bear season as they have done before. 
Bitcoin will still create ATH even though it has dropped -71% of its ATH so far, because the opportunity for Bitcoin to create new ATH is still very wide open and yes, don't hesitate to continue to own Bitcoin and hold it until you find a commensurate profit. Likewise, altcoins that can still survive this period of decline because of those altcoins that are able to survive, will definitely be able to pass this bear season very well.

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Xampeuu
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September 01, 2022, 03:23:58 AM
 #228

Of course, buying the dip is a sure guarantee you will make profits, unless you are referring to shitcoins, but as long as it's Bitcoin, it's a sure guarantee to make profits, but it's all about a matter of time, which could take a month, 6months or a year to see a reasonable profit of your invested capital, which is why it's always advisable to always invest an amount you don't intend to use that moment or preferably, an amount you could afford to lose


For most people, the amount they are willing to lose is too small to make any significant gains. Therefore, at the initial stage of investing, you need to risk a lot of money in order to get a big profit, otherwise it can all drag on for a very long period of time. Bitcoin may fall in price even lower, but it is not scary to buy it now, because this level holds well and it is actively bought on falls.
indeed most people want a small capital to have a multiple-fold return, so they choose a risky path to lose their capital. therefore it would be better to risk more capital and put it on bitcoin, that will make our lives calm. especially with this bearish season, of course looking for a buying area is very profitable, because our chances of getting a profit will be bigger and faster, but many people are still afraid, they are still waiting for the lowest price, even though no one knows, until in the end they lose the moment

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