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Author Topic: waiting to buy lower?  (Read 1913 times)
suzanne5223
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July 09, 2022, 12:55:01 PM
 #121

Every traders want to buy low but it looks like traders are confused of when to buy more coins.
There's a difference between crypto traders and investors which I believe ought to know.  The last time I checked traders, based on the market momentum while is the investors that usually wait for the bottom price before accumulation because their own strategy is either buy low and sell high or hold for the long term.
Having said that, there's no reason to be confused since we're yet to reach Q4 when the market always reaches the last bottom price during bear season.

But still, we are not sure about that as not all in Q4 are meant to dump, in fact, this is the time we also reach the ATH last year.
And so I said also and encourage people to just buy some now while prices are still cheap as we don't know what is incoming. We'd rather be prepared rather than blame ourselves and regret it. As we still have the chance, we better not lose it, instead grab the opportunity and then wait for the recovery.

You're right about people grabbing the opportunity the market presented now and this is the reason why DCA is considered the best way of making a good investment.

But I believe you misunderstand my point when I said the Bitcoin market always makes the bottom price during Q4 because I was talking about the total bearish market. Go and check the Bitcoin price history you'll see that it always makes the last bottom price in the Q4 of a bearish year.

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July 09, 2022, 01:04:03 PM
 #122

Those are still waiting for it to go below $18k or so falling from $40k and even high will never invest in it as they missed it $3k also believing it's not going to rise so don't care about them much.Those who wants to invest in it have the best time now but if you are still waiting then you are not ready to invest at all.
If you want to wait for the bottom, then you won't invest in cryptocurrency because you will always wait for the bottom which at the end you endup missing the opportunity. No matter how low bitcoin price is, some people will still be waiting for more dip which the won't invest till they see the price at the top before they start regretting why they didn't buy when the price was low.
waiting for the intended bottom price must already be in the plan. such as determining the price to buy. and when the price is reached then immediately buy. no need to wait for anything deeper.
everything had to be planned from the start. the purchase price, selling price, as well as possible profits and losses. It's not as simple as buying it cheap and selling it at a high price. waiting for crypto at a lower price must know the ability of the market to move.



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July 09, 2022, 03:15:56 PM
 #123

There's a difference between crypto traders and investors which I believe ought to know.  The last time I checked traders, based on the market momentum while is the investors that usually wait for the bottom price before accumulation because their own strategy is either buy low and sell high or hold for the long term.
Having said that, there's no reason to be confused since we're yet to reach Q4 when the market always reaches the last bottom price during bear season.
But still, we are not sure about that as not all in Q4 are meant to dump, in fact, this is the time we also reach the ATH last year.
And so I said also and encourage people to just buy some now while prices are still cheap as we don't know what is incoming. We'd rather be prepared rather than blame ourselves and regret it. As we still have the chance, we better not lose it, instead grab the opportunity and then wait for the recovery.
I agree, we can never know what will "exactly" happen, but we have seen plenty of times that Q4 happens to be a quite good one. This is why I believe that we shouldn't really be shocked at what we are doing when we are buying pre-q4, usually in q3 but I happen to get some in q2 as well. That means that we are just getting ready and if it works then it is great and if it doesn't work then so be it.

I have to say that if Q4 doesn't go up, then I will simply just wait even more, so it is not a trouble for me, if I have to sell in 2023 Q4 then I will, or maybe I won't even sell there, I will sell in 2030, who knows? I am a long term investor and I do not mind waiting.
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July 09, 2022, 06:54:23 PM
 #124

Those are still waiting for it to go below $18k or so falling from $40k and even high will never invest in it as they missed it $3k also believing it's not going to rise so don't care about them much.Those who wants to invest in it have the best time now but if you are still waiting then you are not ready to invest at all.
If you want to wait for the bottom, then you won't invest in cryptocurrency because you will always wait for the bottom which at the end you endup missing the opportunity. No matter how low bitcoin price is, some people will still be waiting for more dip which the won't invest till they see the price at the top before they start regretting why they didn't buy when the price was low.

True. As a trader one can guess the direction of the next movement of the market by looking at the structure of the market. So running in favor of the market is the right decision. Some investors have a habit of looking for the bottom in the hope of making extra profit, and because of this habit, they miss out on opportunities every time the market offers them. So as a crypto trader one must have an idea about the market and how the crypto market works.

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July 09, 2022, 07:19:15 PM
 #125

Most people are of many emotions, I agree with the opinion that when BTC is very high, people buy, they do not care about the price, they buy the same because they think they will have profits quickly, but the rich, the millionaires never buy expensive, and those who do it are very likely to lose, it is for this reason that I always analyze the BTC market using the Wyckoff theory, it allows me to see what stage of the market we are in, because it is never good to buy in the distribution stage, and In the short term, it could be said that this has happened, but in the long term, I would not be able to say whether we will return to the accumulation stage or, therefore, we are in a possible re-accumulation stage, which is very valid, but given the fundamentals of war, I would say that You have to be very careful to buy, it is likely to go down, so it is good to buy later to take advantage of each dip.

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July 09, 2022, 09:23:21 PM
 #126

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.
Yes, we don't know when the bottom is. It is not impossible that we have passed the bottom. However, I think it is too early if the bottom to reach. If we look at the history of BTC price 4 years ago, it probably happens at least in Q3 or Q4 of the first year of the bearish season. The current increase in BTC price may be the sign for the next dumps, I assume it will happen in the near future. We are currently in the early of Q3, I think we must prepare to buy if there will be huge dumps again. Ideally, Q3-Q4 is the time for the lowest price.


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July 09, 2022, 11:46:20 PM
 #127

Well there is no regret if you have bought bitcoin at a cheap price and wait for it until the price becomes double the amount compared to the price where you bought it. I understand that we all want cheaper prices when we are planning to invest but the problem is we don't know the exact time on it so perhaps my advice is to buy at a little amount every time there is a new bottom line and hold when the market shows up. I think this is the best strategy for buying bitcoin if you don't know where is the bottom price.
There really is no regret there because you know that you're at the advantage right now and you're totally in profit whether we go through another bear market.
This is why most of the folks now that have held since 2018 don't really itch that much with the current bear market. It's not a problem to most because they've been holding it like since 2018.
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July 10, 2022, 03:40:10 AM
 #128

Well there is no regret if you have bought bitcoin at a cheap price and wait for it until the price becomes double the amount compared to the price where you bought it. I understand that we all want cheaper prices when we are planning to invest but the problem is we don't know the exact time on it so perhaps my advice is to buy at a little amount every time there is a new bottom line and hold when the market shows up. I think this is the best strategy for buying bitcoin if you don't know where is the bottom price.
There really is no regret there because you know that you're at the advantage right now and you're totally in profit whether we go through another bear market.
This is why most of the folks now that have held since 2018 don't really itch that much with the current bear market. It's not a problem to most because they've been holding it like since 2018.

Nothing to fear with the current market if you have your coin way back, those who manage to hold from that long period are capable of extending their patience, there are chances that crypto can turn to more folds even in this current momentum the value still far from the last time high. It's your choice. The industry is here to give opportunities for people who can work with it and can live in any manner the industry will bring them.

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July 10, 2022, 11:10:54 AM
 #129


Nothing to fear with the current market if you have your coin way back, those who manage to hold from that long period are capable of extending their patience, there are chances that crypto can turn to more folds even in this current momentum the value still far from the last time high. It's your choice. The industry is here to give opportunities for people who can work with it and can live in any manner the industry will bring them.
Perhaps, the situation doesn't really matter to those who understand the market trend and those who are witnessing the last bear season. That seems it was already anticipated and make themselves aware of this huge change. But for newbies, that is something gives them worries and doubts as they are thinking more about the negative sides rather than listening to the old-timers. We'd rather expect no more lows, we ain't have such indication either - it is way better making a decision to buy now than to miss the opportunity.

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July 10, 2022, 07:44:45 PM
 #130

It's interesting, enter or just wait, but for sure no one knows what the market will do, so if you are going to invest make sure your risk is low. Until we look at the broader economy and corporate power, most industry experts would say wait and on the other hand if you have some fresh cash now is a great time to shop for great deals on some coins/tokens.

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July 11, 2022, 10:43:58 PM
 #131

Nothing to fear with the current market if you have your coin way back, those who manage to hold from that long period are capable of extending their patience, there are chances that crypto can turn to more folds even in this current momentum the value still far from the last time high. It's your choice.
We're still far from that last ATH and what we're expecting is that, when the bull comes again, the ATH will be higher than that. And those that have bought at this level, they'll be the ones to celebrate it when it comes.

The industry is here to give opportunities for people who can work with it and can live in any manner the industry will bring them.
It's a market for everybody and those that have the appetite to risk while it's low, they understand the cycle and the market on how it works.
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July 11, 2022, 10:50:22 PM
 #132

Nothing to fear with the current market if you have your coin way back, those who manage to hold from that long period are capable of extending their patience, there are chances that crypto can turn to more folds even in this current momentum the value still far from the last time high. It's your choice.
We're still far from that last ATH and what we're expecting is that, when the bull comes again, the ATH will be higher than that. And those that have bought at this level, they'll be the ones to celebrate it when it comes.

The industry is here to give opportunities for people who can work with it and can live in any manner the industry will bring them.
It's a market for everybody and those that have the appetite to risk while it's low, they understand the cycle and the market on how it works.
Most of us do really think off on breaking ATH which i couldnt blame on but considering on the movement that we do have and on the percentage drop as of this moment then it wont really be a smooth sail ride i would say which it is realistic if you do think off this way.We would be always targeting out on buying more lower but since bottom isnt predictable then we would really be always having those doubts and anxiety on what
decision we would made. Buy according to your own analysis and decisions but of course you cant blame someone on whatever you do base up your idea since not all would really be having the same perceptions
on where price could actually go. We do always go for the bottom price as possible but since its unpredictable then we are really prone on bad decision but as long the price
recovers then it wouldnt really be that an issue.

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July 12, 2022, 04:24:33 AM
 #133

Just last night I was monitoring bitcoin and I was wondering if I would sell Bitcoin because it was 20, 405 $. It's a pity and I didn't immediately decide to sell, because if I did I would probably buy again now because Bitcoin dropped to 19, 500 $ and now it will rise again by more than 20k$ plus. So with this movement of Bitcoin in the market I can even say that the bear market season is not over yet, so there is a little bit of patience to wait. If there is still a chance to purchase of bitcoin, let's do it as long as there is still a chance before kicking hard in the cryptocurrency market.

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Questat
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July 12, 2022, 12:07:27 PM
 #134

Just last night I was monitoring bitcoin and I was wondering if I would sell Bitcoin because it was 20, 405 $. It's a pity and I didn't immediately decide to sell, because if I did I would probably buy again now because Bitcoin dropped to 19, 500 $ and now it will rise again by more than 20k$ plus. So with this movement of Bitcoin in the market I can even say that the bear market season is not over yet, so there is a little bit of patience to wait. If there is still a chance to purchase of bitcoin, let's do it as long as there is still a chance before kicking hard in the cryptocurrency market.
The volatility of the market seems to be our tool to generate a profit in this bearing condition.
Buy at $19k and then sell when it reaches $20k, that $1000 price increment is big enough these days. Just to say that we need to be wise and strategically performing, we can't beat the market indeed that is why we use to find a way on how we could still make some money despite the bear situation. Honestly, I can't just dare hold for a long time as it only wastes my time that is why I take advantage of the market up and down.

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July 12, 2022, 12:11:36 PM
 #135

Nothing to fear with the current market if you have your coin way back, those who manage to hold from that long period are capable of extending their patience, there are chances that crypto can turn to more folds even in this current momentum the value still far from the last time high. It's your choice.
We're still far from that last ATH and what we're expecting is that, when the bull comes again, the ATH will be higher than that. And those that have bought at this level, they'll be the ones to celebrate it when it comes.
Most of us do really think off on breaking ATH which i couldnt blame on but considering on the movement that we do have and on the percentage drop as of this moment then it wont really be a smooth sail ride i would say which it is realistic if you do think off this way.We would be always targeting out on buying more lower but since bottom isnt predictable then we would really be always having those doubts and anxiety on what
decision we would made. Buy according to your own analysis and decisions but of course you cant blame someone on whatever you do base up your idea since not all would really be having the same perceptions
on where price could actually go. We do always go for the bottom price as possible but since its unpredictable then we are really prone on bad decision but as long the price
recovers then it wouldnt really be that an issue.
Can't blame the others that they've been too long waiting with the low. But to consider the market price, you don't really need to wait for the lowest as you buy.
You can buy at any time that you want and it all depends on your market plan and how long you're willing to stay. If you think that today's price is quite low, you buy and hold on to how long you're okay to be with it. It doesn't have to be that long and it doesn't have to be that short. And the matter is, you should be in profit.
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July 12, 2022, 12:51:35 PM
 #136

If this is the real Bottom i bet you once the bullish season starts we will start seeing series of long and longer bullish candle sticks pushing prices upwards. But if the reverse happens in this case series of long bearish candle will push price even further dip. For now i am waiting for this longer candle sticks that will indicate new trend else i will wait for the dip because it is obvious this is not the main dip
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July 12, 2022, 01:50:53 PM
 #137

If we compare various forecasts for the future of bitcoin, they are, as always, divided into two types - a fall and an increase. So, for now, there are hardly any exact options for growth.
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July 12, 2022, 05:06:33 PM
 #138

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.
You're actually right, a lot of market indicators now points that we are likely bottoming out already, for instance using the weekly time frame, if you measure from the market top 69k to the low where the bull market started using Fibonacci retracememt , You will see that the market has perfectly retraced the 0.786 of the Fibonacci retracememt.
My advice is, If you haven't buy any Bitcoin it's better to start doing DCA from this current price level than just waiting on the side line and to avoid I saw the market when it was around $20k and I didn't buy .......Why?  I was waiting for another drop.

 
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July 12, 2022, 09:22:58 PM
 #139

If this is the real Bottom i bet you once the bullish season starts we will start seeing series of long and longer bullish candle sticks pushing prices upwards. But if the reverse happens in this case series of long bearish candle will push price even further dip. For now i am waiting for this longer candle sticks that will indicate new trend else i will wait for the dip because it is obvious this is not the main dip
Bitcoin was predicted to hit $10k but it didn't happen. It only went below $20k and dipped to further to $17k. That was one of the major crash I have seen in Crypto and trust me, it's one big hell of dump one shouldn't experience. Perhaps the market is normally getting bullish again after months and weeks of bearing candles. People have long waited for this critical dip to happen and the ones that were wise make good use of the chance of the dump while the ones that's were in doubts still hold their position. More dips are on their way and I guess we just started seeing dips.

Free space
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July 13, 2022, 01:55:56 PM
 #140

~ ~ ~
Bitcoin was predicted to hit $10k but it didn't happen. It only went below $20k and dipped to further to $17k. That was one of the major crash I have seen in Crypto and trust me, it's one big hell of dump one shouldn't experience. Perhaps the market is normally getting bullish again after months and weeks of bearing candles. People have long waited for this critical dip to happen and the ones that were wise make good use of the chance of the dump while the ones that's were in doubts still hold their position. More dips are on their way and I guess we just started seeing dips.


US inflation surged to 9.1%, the highest level in over 4 decades, It was just announced.

Fudder will say Bitcoin entered a bear market and will continue for many years
But I don't think so, Bitcoin bear market is transitory and Inflation is not.
Keep cool, Crypto is a high-risk asset but Bitcoin has a good track record

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