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Author Topic: waiting to buy lower?  (Read 1913 times)
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August 13, 2022, 04:00:41 PM
 #161

With this, it really takes time to wait it depends on you how long you are willing to wait for the right dump but if you are a short term trader and make a profit everytime you trade go with the technical analysis and market swings it depends what kind of trader you are like a long position or short, but I prefer with the day trade because I have less time to make so it depends how you want to commit a profit.
for day trading I guess there is no need to wait for the dump market to buy.
waiting for the dump to happen is planning for a long-term investment. that makes more sense.
it also requires market analysis and proper asset selection. because most coins also experience a decline when the market dumps. and not all assets can be made into long-term investments.



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August 13, 2022, 04:47:22 PM
 #162

With this, it really takes time to wait it depends on you how long you are willing to wait for the right dump but if you are a short term trader and make a profit everytime you trade go with the technical analysis and market swings it depends what kind of trader you are like a long position or short, but I prefer with the day trade because I have less time to make so it depends how you want to commit a profit.
for day trading I guess there is no need to wait for the dump market to buy.
waiting for the dump to happen is planning for a long-term investment. that makes more sense.
it also requires market analysis and proper asset selection. because most coins also experience a decline when the market dumps. and not all assets can be made into long-term investments.
Waiting to buy when it's low for me is not, in any case it's a chance to buy, but I'm for the long term DCA regularly because for me I don't know how low the price will be then.
Daily trading does not need to wait for the bottom but look in technical analysis but for me not often in day trading but futures in a few days and determine when it has reached the profit target.
It's our ability whether we are able to trade daily or long-term investment or choose in both depending on what we do.

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August 13, 2022, 06:45:49 PM
 #163

I think it is very risky to wait for the Bitcoin price to return to the $17k price,
because we don't know if Bitcoin will go to $50k again or will it go down,
my advice is to buy bitcoin gradually so as not to miss the bullish wave

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August 14, 2022, 03:14:06 PM
 #164

Currently Bitcoin is reduced about 70 percent from its highest position. Normally the current market is called dip. Moreover, the market is  positive, so at any time it can be much higher. So I think this is the right time to invest in Bitcoin. Some times waiting for more dip, which later goes beyond the range.

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August 14, 2022, 04:50:31 PM
 #165

Currently Bitcoin is reduced about 70 percent from its highest position. Normally the current market is called dip. Moreover, the market is  positive, so at any time it can be much higher. So I think this is the right time to invest in Bitcoin. Some times waiting for more dip, which later goes beyond the range.
Yes this is the right time to buy Bitcoin and even though it's reduced by 70 percent but there's no need to hesitate,
investing in Bitcoin does take patience and I'm sure it will be profitable,
but anyway it depends on each person

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August 15, 2022, 08:39:42 PM
 #166

Any good investor of cryptocurrency know very well that the best time to buy cryptocurrency is when the price is low and the if the price is low and you buy and hold it for long time when the bullish market or coin he will make your profit and that is why some people do not say coin them bought to a lower price all my cryptocurrency market goes up they always allow it to stay for 2 years or 3 years before they will sell it because the longer the coin is in their custody the more people currency is having another potential
Everyone knows that but not everyone knows how to timing the market. Holding for it like years will surely be profitable but we never know if it will be the same as it goes by, maybe it will extend how we can profit or it will decrease over time. For me BTC is still has that potential to have some good returns.

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August 15, 2022, 10:31:29 PM
 #167

Since May 2022, I have started doing DCA on Bitcoin. I didn't wait to buy lower, I'm just buying since I am looking to accumulate my wealth in the long run.

Of course I admit that I've lost in the 1st month because of the bear run. I bought it when it was around $30k on May, then I kept buying at least once a month. In June, the price was $21k+, then $20k+ last month and today around $24k+.

But I didn't mind if I lost last time, as I don't want to make the same mistake again of not building my wealth with BTC while it was still cheap back then.
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August 16, 2022, 11:57:37 AM
 #168

I think it is very risky to wait for the Bitcoin price to return to the $17k price,
because we don't know if Bitcoin will go to $50k again or will it go down,
my advice is to buy bitcoin gradually so as not to miss the bullish wave
expecting to be able to buy bitcoin at a lower price is fine, but if you wait to see if it will go down to the expected $17K of course it can happen or it won't happen again.
because many provide a clear analysis that each other will be different, but my principle is that buying bitcoin at any price will still be profitable because of the nature of bitcoin which will still be able to reach a higher price than when we bought it.

Of course it's true that you can buy at a time when the situation is like today, where the situation is that the price is still corrected and for quite a while. but your suggestion is also very good, my friend, to buy gradually so that you can still receive a fair price, even though in the end more funds and time may be taken to achieve it.

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August 16, 2022, 10:21:35 PM
 #169

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.
Yeah I also don't believe the bear market is over. The way Bitcoin started to rise even two days ago, it seemed that Bitcoin might be on the way to recovery.But again we could see Bitcoin getting dumped pretty much in the blink of an eye.And yes if you want to invest then always the right time to invest. However, at present, the Bitcoin market has decreased somewhat, so if you want to recruit, you can still invest.If not fully invested, invest some. Later, when the market is good, invest again. It is better to invest like this.

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August 16, 2022, 11:50:56 PM
 #170


The majority of people say 17k is a bottom. Right now, all signs are bullish, and I believe we have a short-term push towards 28k.
But what about the 140,000 Bitcoin compensation from MT Gox? imagine 140k BTC dumped on the spot! Will this not push BTC to 10k?
Will the market be able to absorb that selling pressure and stop the carnage of MT Gox?

Agree with what you say because until now after the fall of $ 17k some time ago the signs of them increasing are now increasingly visible.
But indeed in this case the possibility is always there because sometimes the market can change immediately in just a matter of days or even hours so caution must still be exercised here.
It does not mean that the market will not dump again, the market may dump again when it does.But it can go up. But whatever investment you make, you can break it down into four parts. A share of instant investment. Some parts may be dumped again after a few days Then he invested. If you invest in this way, your investment will not be very risky.
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August 17, 2022, 07:34:09 AM
 #171

Everyone knows that but not everyone knows how to timing the market. Holding for it like years will surely be profitable but we never know if it will be the same as it goes by, maybe it will extend how we can profit or it will decrease over time. For me BTC is still has that potential to have some good returns.

I pondered, that bitcoin repeats the same cycles, rise and fall, a lot of people get used to it and who is capable of analyzing the market will use this opportunity. But I thought about whether this order of things can ever change, can someone influence it in such a way as to change the usual order of things? Now it seems to me that this is impossible, but nothing is impossible. ) By the way, I also buy bitcoin and believe that it will grow.

 
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August 17, 2022, 09:18:50 AM
 #172

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 true that no one knows what's next, but for me it would certainly be considering half my current capital and I'd be wondering if it did drop lower next.

But as you said, hope the price of Bitcoin can reach what you want and buy a few dollars.

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August 17, 2022, 06:54:57 PM
 #173

Since May 2022, I have started doing DCA on Bitcoin. I didn't wait to buy lower, I'm just buying since I am looking to accumulate my wealth in the long run.
Considering how volatile the current market is so probably doing DCA might be the best for some people looking for a better way to invest especially during this market behavior. Doing DCA you have to just forget if you buy it on the highest price at that moment because that's not something you are looking for as you are just accumulating it every single month, at the end it will be worth it.

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August 17, 2022, 07:09:15 PM
 #174

Buying low and selling high or swapping for a stable coin with the price high als comes with a considerable amount of issue. I ha e had some USDT I swapped for some time now to preserve value and have been looking for an entry point at the low but, the exchange I've got my coins on seems to work towards limiting my profits in the long run as, this is supposed to be a continuous practice for me.

To pick some worth trading profit out of every $1,000 price appreciation or depreciation but, the percentage change seems to measure up when compared on two fronts as to sawpping to USDT and Buying BTC back from a low. The percentage grows with the volume and I think so much. I was looking at a 0.04% and the next, it slide to 0.08%.

Investing new money feels like the best way to get it going at any entry point.
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August 17, 2022, 10:15:07 PM
 #175

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.
They are not wrong by waiting coins to reach the lowest price possible, but in the end they have to know when to stop waiting like that and actually do some research first instead of just waiting for the numbers going down every single day. That's why we have seen many people missing the opportunity to buy at "lowest" price at that time where literally they are aware with the chance of getting it.

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August 17, 2022, 10:55:37 PM
 #176

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.
They are not wrong by waiting coins to reach the lowest price possible, but in the end they have to know when to stop waiting like that and actually do some research first instead of just waiting for the numbers going down every single day. That's why we have seen many people missing the opportunity to buy at "lowest" price at that time where literally they are aware with the chance of getting it.

It is very profitable if we manage to buy at low prices, the problem is the crypto market is very volatile, so sometimes it is very difficult to predict
to determine the low price. That's why many investors miss the opportunity to buy at low prices, because it is not easy to determine the lowest price.
That's why we must have good research and analysis skills, at least we can make the right decisions when to buy coins. But for some top coins
actually don't need to buy at low prices, because like Bitcoin and Ethereum where the price tends to continue to rise, buying at any price can make
a profit, the most important thing is to be patient holding until the target we want is achieved.

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August 17, 2022, 11:20:47 PM
 #177

People are waiting to buy lower, but what if you're wrong and this is the bottom?
That's why we need to buy gradually. It is not recommended expecting to spend all our money once it reaches the bottom because our predictions can be wrong and the bottom is over already. We also need to analyze the current market trends and how long the possibility of a bearish market. How to analyze it? We can learn the history of previous bearish, learn the price charts, and always update our information related to the current issues. From those 3 aspects, we can make our own predictions about the bottom and prepare our plans. However, as I said above, it is better to buy regularly. So, if we think the price is safe enough to buy, just spend our money to add more coins to our wallets gradually. Then, just wait for the next big dump to buy again. Don't spend all, limit the money to buy!!

IMO


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Hamphser
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August 17, 2022, 11:59:28 PM
 #178

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.
They are not wrong by waiting coins to reach the lowest price possible, but in the end they have to know when to stop waiting like that and actually do some research first instead of just waiting for the numbers going down every single day. That's why we have seen many people missing the opportunity to buy at "lowest" price at that time where literally they are aware with the chance of getting it.

It is very profitable if we manage to buy at low prices, the problem is the crypto market is very volatile, so sometimes it is very difficult to predict
to determine the low price. That's why many investors miss the opportunity to buy at low prices, because it is not easy to determine the lowest price.
That's why we must have good research and analysis skills, at least we can make the right decisions when to buy coins. But for some top coins
actually don't need to buy at low prices, because like Bitcoin and Ethereum where the price tends to continue to rise, buying at any price can make
a profit, the most important thing is to be patient holding until the target we want is achieved.
This had always been a question of someone in mind whenever they do step their foot into crypto space on which we do always have that question on whats the bottom? Whats the peak price?

We do make out such decisions basing into those price conditions and this is where analysis and knowledge would set in,although it wont really give out assurance that you would hit up the precise spot.

Market could really be that unpredictable always and be affected with lots of different factors which would result into those analysis of yours whether would hit on the spot or would really
just missed out.

Reatim
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August 18, 2022, 04:03:57 AM
 #179

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 true investor then you knew that there is nothing best to be ready in buying each time that the market fall, either in higher price or when in bear what is important each chances you will gather small amount so when increase comes then you are ready to sell part of your holding.
this is also the problem in other investors that only seeks for fast income in which mostly ending being a loser completely.

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sayaya17
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August 20, 2022, 09:11:44 AM
 #180

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.
They are not wrong by waiting coins to reach the lowest price possible, but in the end they have to know when to stop waiting like that and actually do some research first instead of just waiting for the numbers going down every single day. That's why we have seen many people missing the opportunity to buy at "lowest" price at that time where literally they are aware with the chance of getting it.

It is very profitable if we manage to buy at low prices, the problem is the crypto market is very volatile, so sometimes it is very difficult to predict
to determine the low price. That's why many investors miss the opportunity to buy at low prices, because it is not easy to determine the lowest price.
That's why we must have good research and analysis skills, at least we can make the right decisions when to buy coins. But for some top coins
actually don't need to buy at low prices, because like Bitcoin and Ethereum where the price tends to continue to rise, buying at any price can make
a profit, the most important thing is to be patient holding until the target we want is achieved.
This had always been a question of someone in mind whenever they do step their foot into crypto space on which we do always have that question on whats the bottom? Whats the peak price?

We do make out such decisions basing into those price conditions and this is where analysis and knowledge would set in,although it wont really give out assurance that you would hit up the precise spot.

Market could really be that unpredictable always and be affected with lots of different factors which would result into those analysis of yours whether would hit on the spot or would really
just missed out.

It's true that a common question that is often asked by newbies is when will it reach the lowest price and when will it reach the peak price.
Even though such questions will not be answered by anyone, even experienced people in the crypto world. Because no one knows accurately
when crypto reaches the lowest price and when the crypto reaches the highest price. We can only predict and prepare for everything, the more
mature the preparations we do, the more we can survive in the crypto world. Therefore people who are experienced in the crypto world usually
don't question when they should buy and when to sell. Usually they are when the bear market will collect coins that they consider potential,
then they will hold until the price goes up or wait until the bull market comes. That's what we should do now, don't think too much, which will
eventually delay buying crypto and will regret it if it turns out that the price suddenly rises.

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