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Author Topic: waiting to buy lower?  (Read 1799 times)
Franctoshi
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August 26, 2022, 06:48:28 PM
 #201

Buying the dip is good but waiting to buy lower for an asset that has already had about 60%-70% pull back might even cause you to miss out on the boat entirely, it's better you start building up your portfolio right now with proper DCA, may divide your investment capital into 3-5 different buying opportunities in the market, with that you will be able to be in the line no matter whichever direction that the market chooses to move. Lastly should Bitcoin get to the price of $100k, $250k, $350, $500k maybe $1M , the price at which you bought your Bitcoin would no longer matter. It's Better to be in the ship now when it hasn't started moving.

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August 28, 2022, 12:28:54 PM
 #202

Everyone wants to buy down and we are still in a bear market.  Although we cannot predict the minimum cost of a project and cannot predict the maximum cost.We always profit from bull market but there are investors who can take profit in bear market as well. During this bear market I had to sell despite unfavorable conditions for cash demand.However, selling at this time is a big mistake, because during a down market, all people buy more than they sell.  Everyone wants to buy at a low price and sell at a high price.
we are still in a bear market situation, so it is a very good time to continue buying and keeping as much as possible. because the principle of buying when the price is low and preparing to sell when the price is appropriate and feasible to sell according to our situation is certainly the best.
Of course, it is very unfortunate if someone wants to sell at a time like this, because selling will make us later buy at a higher price and obviously this is detrimental if done, no one will want to lose where when the opportunity to make a profit is right in front of our eyes.
the principle is that when a bear market occurs the wish to do anything other than just buy and hold for as long as possible and when the bull market looks like it's just getting ready to sell, of course this is a very good course of action.

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August 28, 2022, 03:16:22 PM
 #203

That's why it is best to buy in parts in every dip so we can not miss any opportunity. I always apply this strategy and get a good profit, and today's market is too down so it is the right time to full our bags with good coins.

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August 28, 2022, 04:17:41 PM
 #204

Today's bitcoin price has been dumped because of Powell's statement,
of course this is a good opportunity if you want to buy Bitcoin or altcoins for long-term investments,
because at $20k it is a strong support price, I'm sure $20k will not break, but if it breaks, prepare more funds Grin

Not only is there news regarding the Fed announcing an upcoming rate hike, but the market is besieged by the news of the bitcoin release of the Mt.Gox. No more info on their bitcoin release yet and I am starting to suspect that they are spreading Fud causing people to keep selling panic.
Whatever it is, we don't have to worry too much, bitcoin price drop is an opportunity, not an end, the lower the price, the more opportunities we have to buy cheap.

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August 28, 2022, 07:39:42 PM
 #205

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.
i guess about buying during bear which is actually the best time to  accumulate since the prices are down , stop having the mind set of it coming down again because bitcoin is not predictable once you have funds i advise you buy ,but waiting for the price to come lower is not a good mentality , and once you buy don't be eager to sell patience is the key and while you wait do research on how to manage risk because ones you into trading you need to do more research understand charts and importantly do not sell , just hold and during this experience get another means of income to support your daily life. this is just what i think and it actually helps not only to be smart but to manage worries and risk .

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November 05, 2022, 09:29:12 AM
 #206

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.


When the opportunity arises, buying low is attractive, but it's not always a good idea to enter the market with that mentality because you'll always be anticipating when the price will be low again. Likewise, if the price of Bitcoin refuses to fall to your price target and instead keeps rising, you'll be losing out on a great buying opportunity by not buying at initial stage. . My understanding is that buying whenever you have the money is the best course of action.

Just accept that no one can predict what the price will be in the future. Anyone who claims otherwise is lying, which is why you should enter the Bitcoin market with a single thought. Cryptocurrencies in general are very speculative and volatile investments. You might earn some x, but you might also incur some losses.

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November 05, 2022, 10:01:57 AM
 #207


i guess about buying during bear which is actually the best time to  accumulate since the prices are down , stop having the mind set of it coming down again because bitcoin is not predictable once you have funds i advise you buy ,but waiting for the price to come lower is not a good mentality , and once you buy don't be eager to sell patience is the key and while you wait do research on how to manage risk because ones you into trading you need to do more research understand charts and importantly do not sell , just hold and during this experience get another means of income to support your daily life. this is just what i think and it actually helps not only to be smart but to manage worries and risk .

Now the situation has changed a bit and Bitcoin went up by 21k, so there is a possibility that we were already at the bottom. No one can know for sure, but we saw that the support level worked very well, bitcoin withstood the pressure and now there has been a reversal, maybe it is temporary and after some time we will continue to fall, but still right now bitcoin is going up.

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November 05, 2022, 10:40:01 AM
 #208

I bought some crypto. And I have saved some if the prices go lower. However, there is no surety where the market will go. So, analyse it and your financial goals and take risks accordingly.
Now is the right time to buy Bitcoin and some other cryptos, it is also good to speculate at all times for proper trading decisions of the coins. Specifically, Bitcoin had given me the go-ahead to safely buy it for around $18,200 in October, and I am willing to hold it in that direction till next year. The coin has been responsive to the bullish trend but only slowly, who knows where it will peak next year?

What I am sure about is that it has breached a weekly chart trendline upwards, it's time for it to rise.

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November 05, 2022, 11:28:00 AM
 #209

I bought some crypto. And I have saved some if the prices go lower. However, there is no surety where the market will go. So, analyse it and your financial goals and take risks accordingly.
Now is the right time to buy Bitcoin and some other cryptos, it is also good to speculate at all times for proper trading decisions of the coins. Specifically, Bitcoin had given me the go-ahead to safely buy it for around $18,200 in October, and I am willing to hold it in that direction till next year. The coin has been responsive to the bullish trend but only slowly, who knows where it will peak next year?

What I am sure about is that it has breached a weekly chart trendline upwards, it's time for it to rise.
yes, Bitcoin charts have improved quite a bit. This is also followed by the movement of altcoins in the market. but I'm afraid the current pump is like a bull trap. we see it happen several times this year. it looks like the market doesn't have strong support to get out of this abyss yet. some pumps will again occur correction. please be careful if you want to follow the direction of the pump.



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Rainbot
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November 05, 2022, 11:57:17 AM
 #210

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.


When the opportunity arises, buying low is attractive, but it's not always a good idea to enter the market with that mentality because you'll always be anticipating when the price will be low again. Likewise, if the price of Bitcoin refuses to fall to your price target and instead keeps rising, you'll be losing out on a great buying opportunity by not buying at initial stage. . My understanding is that buying whenever you have the money is the best course of action.

Just accept that no one can predict what the price will be in the future. Anyone who claims otherwise is lying, which is why you should enter the Bitcoin market with a single thought. Cryptocurrencies in general are very speculative and volatile investments. You might earn some x, but you might also incur some losses.
Everyone thinks of buying when the price is at its lowest, but it's hard to pinpoint where the low is, and I think now is one of those points. The best step for us to buy is to buy slowly. If we aim to invest in the long term I think this will not be a problem, because the price of bitcoin shows a good cycle for the long term. We have gone through several years where the bitcoin cycle is at a point where bitcoin will soon return with a bullish trend. We don't know exactly when, but I'm sure it will come soon.

.
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November 05, 2022, 09:21:45 PM
 #211

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.


When the opportunity arises, buying low is attractive, but it's not always a good idea to enter the market with that mentality because you'll always be anticipating when the price will be low again. Likewise, if the price of Bitcoin refuses to fall to your price target and instead keeps rising, you'll be losing out on a great buying opportunity by not buying at initial stage. . My understanding is that buying whenever you have the money is the best course of action.

Just accept that no one can predict what the price will be in the future. Anyone who claims otherwise is lying, which is why you should enter the Bitcoin market with a single thought. Cryptocurrencies in general are very speculative and volatile investments. You might earn some x, but you might also incur some losses.
Everyone thinks of buying when the price is at its lowest, but it's hard to pinpoint where the low is, and I think now is one of those points. The best step for us to buy is to buy slowly. If we aim to invest in the long term I think this will not be a problem, because the price of bitcoin shows a good cycle for the long term. We have gone through several years where the bitcoin cycle is at a point where bitcoin will soon return with a bullish trend. We don't know exactly when, but I'm sure it will come soon.
Who doesnt really love on buying cheap? Of course we've been thinking the lowest possible price and this is where people do really end up on speculating now and then on whats
the price would be the possible point on which they could buy back. Just like the rest been saying that we do really tend to maximize out profits as much as we could.
For long term hodlers or investors then it wont really be a stressful thing for you to buy on because you do know the potential of bitcoin and altcoins to have
that kind of increase its value in the future but of course it would really be involving a very long patience on your part.
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November 06, 2022, 04:50:31 PM
 #212

Everyone thinks of buying when the price is at its lowest, but it's hard to pinpoint where the low is, and I think now is one of those points. The best step for us to buy is to buy slowly. If we aim to invest in the long term I think this will not be a problem, because the price of bitcoin shows a good cycle for the long term. We have gone through several years where the bitcoin cycle is at a point where bitcoin will soon return with a bullish trend. We don't know exactly when, but I'm sure it will come soon.
You can do some analysis either technical where you will only rely on the charts or to the past movements of the coins or fundamental. See if there are negative news and you can use that as basis to wait before you buy but if there are positive news you can start buying because the price will likely rise. Everyone buys at lows because this is the rule of investing or trading not buying at high and then selling at high because that is unlikely to happen.

The thing that you will get with that strategy are mostly losses. We can also do DCA so that we are sure that we never miss any buying opportunities. Doing all in is fine if you think you don't have time for waiting and you are not regretful for whatever comes next.
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November 06, 2022, 05:14:30 PM
 #213

~snip~
Who doesnt really love on buying cheap? Of course we've been thinking the lowest possible price and this is where people do really end up on speculating now and then on whats
the price would be the possible point on which they could buy back. Just like the rest been saying that we do really tend to maximize out profits as much as we could.
For long term hodlers or investors then it wont really be a stressful thing for you to buy on because you do know the potential of bitcoin and altcoins to have
that kind of increase its value in the future but of course it would really be involving a very long patience on your part.


Since many speculate that the bear market is not over yet then we can wait until the next bottom is reached, doing DCA, in this case, is also a better option since we don't know if we reach another bottom or if this is already the bottom. I agree that everyone wants to maximize their profit but without any patience and a lot of them out there are eaten by FOMO from other people is making them lose their money in a short time. 
It's tough to see yourself rushing to buy thinking that the bottom is already been reached but by surprise the price went down for more and the only thing that you see is you are losing your initial capital, and because of fear the natural reactions is to sell thinking that it will cut your losses but eventually after that the value will start to pump/bounce back, it's something that will feel you regret your decision.

Be very careful with how you interpret the market. It's very dangerous if you don't understand how to work with a volatile nature like this.

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November 08, 2022, 08:34:19 PM
 #214

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.
But you know everything is all about risk. No one can say positive thing about the bear market because things can change. But the way I see the market now is improving, I wish to see bigger change very soon.
Not today!

The market starts to plummet again which i do really highly believe that this was because of the sentiments flying around about CZ and FTX which we could assume out that this
had been the main reason.The current price of BTC as of this writing is $18,230.00 on preev.com.

For those people who had been waiting up for some time on buying out cheap, then having some purchasing as of this time wont really be that a bad idea.
Sorry for those who had on futures and going for long.For sure they had been liquidated.

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November 10, 2022, 07:44:49 AM
 #215


Buying the dip is a great opportunity to profit, but the unpredictability of the crypto market prevents us from really fully predicting where the bottom will be.


Don't be too greedy in the crypto market, when the market price falls and is reasonable, you can seize a good buying opportunity.
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November 10, 2022, 09:10:49 AM
 #216

People are waiting to buy lower
Everyone wants to buy low and sell high, buy at the lowest price and make a profit, but this is very difficult to do. There is no way to tell if the price has gone up or down or if a bottom has been reached.
Take the opportunity when prices drop and buy gradually, don't miss any good opportunities.
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November 10, 2022, 10:55:58 AM
 #217

For those people who had been waiting up for some time on buying out cheap, then having some purchasing as of this time wont really be that a bad idea.
Sorry for those who had on futures and going for long.For sure they had been liquidated.

I still do not think this is the lowest point in this bear season. BTC moves sideways from where it is now. Lowest bottom don't stayed for longer. Its a quick wick in the candle stick and then market just start recovering. I am still doing DCA in this market and will do till it hit 12k. Below that i just stop buying because that is the lowest low for me in this bear season.
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November 10, 2022, 12:53:11 PM
 #218

For those people who had been waiting up for some time on buying out cheap, then having some purchasing as of this time wont really be that a bad idea.
Sorry for those who had on futures and going for long.For sure they had been liquidated.

I still do not think this is the lowest point in this bear season. BTC moves sideways from where it is now. Lowest bottom don't stayed for longer. Its a quick wick in the candle stick and then market just start recovering. I am still doing DCA in this market and will do till it hit 12k. Below that i just stop buying because that is the lowest low for me in this bear season.

Still unknown as the market continue to move sideways and that last week bounce seems to be a good trap for people who thinks that it was the start of bull but now we are seeing difficulty to bounce back from that last $20K+ position, as of writing the value is $16k+, good enough for those who are willing to take long-term investment as the chance of seeing new ATH might take place after several years.

Starting from the dip will always give every investor and traders a valuable opportunity to make decent and profitable investors.

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November 12, 2022, 07:13:43 AM
 #219

Still unknown as the market continue to move sideways and that last week bounce seems to be a good trap for people who thinks that it was the start of bull but now we are seeing difficulty to bounce back from that last $20K+ position, as of writing the value is $16k+, good enough for those who are willing to take long-term investment as the chance of seeing new ATH might take place after several years.

Starting from the dip will always give every investor and traders a valuable opportunity to make decent and profitable investors.
Market is moving sideways as it takes only the analysitical trader to get highlighten about the market and know the next position of it. Bitcoin have dump several times and also lay glitch which most traders mostly fall victims, but some have mastered it and knows that it's still dumping. For me I'm gathering enough bagging of altcoins which have promising future in the space and it's definitely for long term purposes. The dip is not yet over, it can take through out the year bu let's see what next year have for us.

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November 12, 2022, 01:10:17 PM
 #220

The btc price is almost 1700$ or under. If you thing, wait more to buy low than it will be looked like foolish. Everytime is best for buying so you can now buy as I think. It is almost impossible to know that what's happenin future.

almost $1700? did you not type wrong, maybe $ 17,000, but the price of Bitcoin yesterday touched $ 15,682 and this is the lowest price at this time.
People who keep delaying buying bitcoins and waiting for it to get cheaper and cheaper believe they are being cowardly and don't want to put their money into bitcoins. whereas the current price is still under $17000 and this is a lower price. When the price is $20,000 it still wants to be cheaper and when the price is $15,000 it still wants the price to be $10,000. this will never end.
buy now and hold on, but remember don't put all your money in, leave it for backup in case of a continuous crash.

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