waiting to buy lower?

[Robert518]

People are waiting to buy lower, but what if you're wrong and this is the bottom?

You never know what's going to happen next.

[Oshosondy]

I do not yet believe the bear market is over though but it can be over at any time, even before the next massive bull time would still be some slight bull and bear markets. You can have investment plan, example is to divide your investment capital into 4, invest one after the other as the price continue to decrease.

[jossiel]

People are waiting to buy lower, but what if you're wrong and this is the bottom?

It's okay, I've got myself fine and got already the opportunity when it was low. No regrets as long as I've got a few since the situation that I'm in a really needy for some budgeting and personal expenses.

You never know what's going to happen next.

Yes, it's always the actual case.

We don't know what will happen next. It could be the reversal up to the moon or we'll still have a lower low that made us believed that we're already out of it.

[BitcoinGirl.Club]

You never know what's going to happen next.

True. But we are funny to be honest.
When price is at the peak ($60k and above) everyone was thinking they are going to miss out and jumped in to buy. They were regretting why did not they buy when price was cheap. They do not want to miss it. But now when the price has declined 60% and more, they fear what if it disappears or some are still waiting for the price to decline more. Most of the investors have no clue to have a plan.

Have a buying plan, accumulate as much as possible. DCA helps. Market has given you a chance again. Take it or leave it.

[NeuroticFish]

People are waiting to buy lower, but what if you're wrong and this is the bottom?

You never know what's going to happen next.

Actually those still waiting will never buy. They still need some sort of miracle to convince them. Some wait for lower prices and when the prices start rising they cry that they've missed the train and now is too expensive (no matter when that now is), some others are disappointed and sell now at a loss, claiming Bitcoin to be Ponzi and so on, and near the next ATH they may FOMO buy again.

As said, human psychology is very strange / counterintuitive. And also as said, whoever wants to buy, DCA is the easiest and best way to do it.

[jackg]

It does look like we're taking a break from larger price movements in bitcoins price but there's still a good chance we'll end up going lower.

Most people that sell at these point will end up panic buying again though (especially newbies) if we form a lower low after a few years, we're likely to get near it again but most get to nervous of missing other price action and start buying at a loss (a lot do well out of it too, it was just a waste of time selling in the first place).

[Cointxz]

People are waiting to buy lower, but what if you're wrong and this is the bottom?

You never know what's going to happen next.

It's very simple then they can buy on price level when there is a correction. Let's assume 17,500$ is already the bottom, Traders can still buy at 23K, 24K and 25K to wait for confirmation of the uptrend and they both experience gain. The only onl difference was there gain is slightly lower to the gains of the people who bought at the bottom but stil it is same gain while they avoid gambling since they might face losses if the price dip way below 17.5K level.

This simple analysis is always being missed out by newbie that typically always want to purchased at bottom which is very hard that’s most new always buying too early and suffer loses when the downtrend continues.

[Jawhead999]

Everyone want to buy at the bottom, but the dumb people will wait until Bitcoin hit x price based on self proclaimed expert while the wise people wouldn't wait, but will keep buy every dip by setting up various buy orders e.g. $20K, $19K, $18K, $17K, $16K, $15K and so on. The worst thing is how many people always believe what those called expert saying on twitter while he didn't even understand what is Bitcoin at all.

[ryzaadit]

That's why you spread the buy zone.

Based on the history price bear, most of the time on average -75% to 85%. In-case this happened and you're to late to buy on the bottom, spread a buy zone would be good. No one know the bottom, but while people say "Bitcoin is dead"

A good time to buy, just need to spread the money.

[noorman0]

Then you must learn to be confident in your decisions, this is a step against FOMO, FUD and deep regret. All people's decisions should have consequences, even professional traders will not always have the opportunity to get the expected price.

Even though you managed to get ATL, are you also sure you can sell at ATH?

[mk4]

That's the exact reason why DCA is the widely recommended buying strategy. As the price goes lower onto their price targets, a lot of people will just go "oh this will drop lower for sure"; and their price targets will just follow the trend.

[maydna]

People are waiting to buy lower, but what if you're wrong and this is the bottom?

You never know what's going to happen next.

If I misinterpret and make me buy at the price I want, but the price goes down again, I won't panic and will wait until the price goes up again. That's why we shouldn't panic whatever happens and have to plan how much money we will use to buy at current or future prices. Maybe we will find it difficult to buy at the lowest price, but as long as we can buy at a low price, I think that's okay.

[Silberman]

People are waiting to buy lower, but what if you're wrong and this is the bottom?

You never know what's going to happen next.

Those that want to buy at a lower price are either too greedy, obsessed with catching the bottom or both, bitcoin has a 70% discount from its all time high, how much cheaper they want the price to become to finally invest some money in it? If you have the money there is nothing wrong with buying bitcoin right now and taking advantage of the opportunity that has presented itself, so while what you are saying is right it is likely we are never going to convince people like those to take advantage of the opportunities right in front of them.

[koang]

People are waiting to buy lower, but what if you're wrong and this is the bottom?

You never know what's going to happen next.

If you are a trader, why try to catch the bottom all the time?
Trend trading is the best strategy because you can profit both up and down.

Better advice is to ignore the noise. DCA and HODL. That's this cycle game.

[shushu9977]

Of course, we don't know what happen next month or next year to the crypto-world which is increasing or decreasing the market. But, those who are connected the crypto, they understand that this is one of the best time to buy the crypto-currencies. I also try to more invest as I can do.

[cabron]

Theres still fear that buying now will make them waitnfor the bull run to come. Not everyone patient to wait for the trend to shift. Thats one thing theyd prevent while all they want is to profit the very moment they buy.

These are like leeches that sucks the money out but its the way it is for they think its a get rich quick as well.

[GeorgeJohn]

People are waiting to buy lower, but what if you're wrong and this is the bottom?

You never know what's going to happen next.

people who is interested to buy cryptocurrency don't need to wait for bottom before purchasing, indecencies that Bitcoin depreciation is continuous one, and secondly we are suppose to purchase now as the price in twenty one thousand (21k) because the decrement that will go beyond twenty one thousand, from my perspective is not orderly strong. Because it might be a delay that we are waiting for more dip while it can move off going up. So this is the right time to purchase and hold.

[Adbitco]

To my greatest surprised, the market have been at a particular place for long now I think the bull is around the corner. From few posts gone through the forum was estimated is been 8 months now since the bear started so I believe bull will be time soon.

[abel1337]

I personally think that bitcoin can go lower but I did buy at @19k just to be safe incase bitcoin doesn't go on what direction I expected. I spend 10% of my whole bear market budget to buy at 19k since it's one of my buying point. This way I wouldn't regret if bitcoin goes up entirely. Accumulating now would be the best thing you could do or not 

Catching the bottom price doesn't work every time and believe me it's very hard. Just buy on big supports and never look back.

[GeorgeJohn]

To my greatest surprised, the market have been at a particular place for long now I think the bull is around the corner. From few posts gone through the forum was estimated is been 8 months now since the bear started so I believe bull will be time soon.

it's obvious that their is no stipulated to be enshrined that will be the occurrence of bull market. Many of us is under the state of assumptions to analyze and make unfair prediction speculation of the rising of cryptocurrency because of the long stays in the bearish.

What causes the speed market return of increment is dependable to the gravitational force of the determination of demands and supply of the market. Which it's clear that no body knows when the market will return and when the demanders will be surplus than the suppliers.