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Author Topic: waiting to buy lower?  (Read 1799 times)
rojan
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July 17, 2022, 08:26:53 AM
 #141

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.

If we look at the current state of the market, we can see that the market is in a very bad state. If you can buy and hold some currency at this time, you have to hold it for a long time and be patient. Is there anything that could turn worse in the future?  The price here is very much from the high price to the choice industry to give opportunity here the market is very bad now now I think it is better to buy something.


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July 17, 2022, 09:33:24 AM
 #142

Waiting forever is also not the best option. It should be understood that working and trading for a short period of time is also a fairly suitable option.
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July 17, 2022, 10:34:26 PM
 #143


Bottom is something that cant really be known no matter how pro or experienced you are on this market then there's still no one could able to determine on what would be the bottom or lowest price as possible

which means that if you do really want to buy lower then its up into your own considerations because there are factors which could really affect your buying decisions which is emotion
and any sentiments that circles around which it would really be giving out that anxiety and hesitation which i would consider to be normal.

We do want to buy in the lowest price as possible because that do simply means that you could really able to maximize profits when the market tends to shift.

We are aiming to that but it's not simple as it is, there are many influences and factors to consider while we see or experienced more bearish market movements, something that even pro are not capable to predict the exact barriers they are also just speculating and by experienced, they are assuming that there's additional movement that may take before the change will take place.

If you are well-decided and you think you already see the lowest value from your target position, whatever happen just hold and wait.

By simple definition we know that buying cheaper to sell higher is what is sought, but it is not so easy when there is uncertainty in the market, if we look at it there are many things that influence it, the war in Russia and Ukraine, the constant threat of Covid-19 which at any time starts with a peak that is difficult to control, all these fundamentals affect a market that in my opinion should be much higher, but due to the enormous panic that is generated, many have sold cheap.

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August 03, 2022, 03:06:23 PM
 #144

Everyone first understand the market situation if they fully know about it then they use such a technique which help them in getting profit. I think that everyone has set up their mind about the lower price or higher price and their is not an issue with them. So waiting to buy lower is a good choice to get profit. You should have knowledge about the previous price so you can easily understand it



 

 

 

 

 

 


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August 03, 2022, 03:08:11 PM
 #145

~ ~ ~
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
Currently, almost all countries experience inflation, both developed and developing countries, depending on the amount, some are even unable to pay their debts due to high inflation.

as well as bitcoin where the current correction continues and it looks like the bear market has not yet passed, in fact it will continue to happen until the next year. it's just a matter of whether the price will drop below $10K or above, but looking at the past it will likely be above $10K.

agree with you my friend, if we hold bitcoin should follow the past experience of bitcoin, there is no need for excessive fear. the bears will pass soon and the bulls will come soon though maybe not for this year, but bitcoin will ensure that.

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August 03, 2022, 05:51:50 PM
 #146


Bottom is something that cant really be known no matter how pro or experienced you are on this market then there's still no one could able to determine on what would be the bottom or lowest price as possible

which means that if you do really want to buy lower then its up into your own considerations because there are factors which could really affect your buying decisions which is emotion
and any sentiments that circles around which it would really be giving out that anxiety and hesitation which i would consider to be normal.

We do want to buy in the lowest price as possible because that do simply means that you could really able to maximize profits when the market tends to shift.

We are aiming to that but it's not simple as it is, there are many influences and factors to consider while we see or experienced more bearish market movements, something that even pro are not capable to predict the exact barriers they are also just speculating and by experienced, they are assuming that there's additional movement that may take before the change will take place.

If you are well-decided and you think you already see the lowest value from your target position, whatever happen just hold and wait.

By simple definition we know that buying cheaper to sell higher is what is sought, but it is not so easy when there is uncertainty in the market, if we look at it there are many things that influence it, the war in Russia and Ukraine, the constant threat of Covid-19 which at any time starts with a peak that is difficult to control, all these fundamentals affect a market that in my opinion should be much higher, but due to the enormous panic that is generated, many have sold cheap.


We needed to consider everything before we can assume the strategy of buy low then sell high. It's doable only if you know how to follow the news. I mean those factors that can influence the market and how will you act in each situation that the market is bringing you. There's no doubt that there are people/traders who can deal with it and continue to earn out of this market. The best thing to understand is how will you balance both profits and risk.

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August 03, 2022, 05:59:42 PM
 #147

are you guys going to wait at $10k?, watch the crypto market start to climb!, I think the whales will think otherwise,
and making $10k for bitcoin is just a dream,
just like people expect bitcoin to $100k, and the result is nothing, just buy Bitcoin start now and do the accumulation,
if viewed from the market sentiment it is still risky, because war could happen again

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August 03, 2022, 06:10:14 PM
 #148

It is really worthy to buy certain token which are lower in cost and when the coin become elevated in cost then should sell that coin. Buying at high price is not a good idea because you know that there is hurdle to get profit because of unstability in market price. I totally agree with buy low and sell high as their is an opportunity to win whenever the price elevated.

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August 03, 2022, 06:30:05 PM
 #149

It is really worthy to buy certain token which are lower in cost and when the coin become elevated in cost then should sell that coin. Buying at high price is not a good idea because you know that there is hurdle to get profit because of unstability in market price. I totally agree with buy low and sell high as their is an opportunity to win whenever the price elevated.

easy to say but hard to implement. Buy low sell High is just a word that will not change the results if it is not followed with any knowledge. Choosing a coin with a lower price also cannot be applied just like that. Don't get caught up in the price of a coin that you think is low, but will still experience a decline again.
It is important to know the market analysis so that you can read where the market is going.
to wait to buy lower must prepare sufficient capital as well as some capital reserves. Crypto market fluctuations will provide a lot of surprises for those who do not understand the crypto market.

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August 12, 2022, 08:33:08 AM
 #150

Waiting forever is also not the best option. It should be understood that working and trading for a short period of time is also a fairly suitable option.
The thing to do is at least to calculate when the cryptocurrency market will go down ao that you can buy as many you wish you can buy and store for long time and when Bitcoin rise and other coins will rise with and you make your money. But some people doesn't have such mentality of keeping or holding coin for long time. Because i notices that when theirs a little down run of the market some people that invest or hold coin do panic and sell out their coin and when bullrun of crypto start they will feel regret.
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August 12, 2022, 03:46:15 PM
 #151

it is indeed difficult to predict and analyze the lowest point price, but of course in terms of buying in my opinion don't be too afraid to buy because if we are too afraid to buy of course we will lose a good opportunity and I  also experienced that, but of course prediction and analysis, we have to use. just don't be too afraid to buy if the price has gone down.
That's right, if the price has fallen to -90% of ath we certainly have to not be afraid if we want to invest,
because if the altcoin project is good in fundamentals, then I'm sure it won't go down much deeper.

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August 12, 2022, 04:12:29 PM
 #152

Quote
are you guys going to wait at $10k?, watch the crypto market start to climb!, I think the whales will think otherwise,
and making $10k for bitcoin is just a dream,
just like people expect bitcoin to $100k, and the result is nothing, just buy Bitcoin start now and do the accumulation,
if viewed from the market sentiment it is still risky, because war could happen again
Yes, this is the best time to buy Bitcoin and hold because it will not decrease to $10k before it will hit higher in the crypto market for those that invested to start earning from their investment. The price will continue increasing until bearish season is over in the market. Now that the Bitcoin price has increased to $24k , it will definitely reach $50k soon, because other coins price has increased since Bitcoin price started increasing early this month of August.

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August 12, 2022, 05:02:25 PM
 #153

I think we are already in the bottom and economy of the crypto cant go below this for sure. Look at the market cap it has held and the money that is involved. Most of the resistance that we are seeing currently is because of big institutional investors out there. They wont be selling but keep buying as the scary investors sell off their coins.  This will generate sweet entry spot for the institutional investor bringing down their BEP to even lower rate. I gotta say bitcoin is one hell of a ride which can be best experienced by investing at current rates.
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August 12, 2022, 06:36:41 PM
 #154

Bitcoin price in my opinion is very bottom right now, because it has dropped from $64k to $17k,
yes more than -70%, are you sure you want to wait at the bottom again?,
there is a possibility that whales will also reverse this situation, and maybe it will make people frustrated with future Bitcoin price volatility

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August 12, 2022, 10:17:58 PM
 #155

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.
If there's no volatility then there would be no much interest that we can see into this market because people cant really make money much.Volatility is one of the most important thing on why
crypto did really get much attention and interest which you could really see huge swings of price even on a normal day.There would be no fun if we cant really see these movements in the first place.
Buying lower or bottom as much as possible is the main target we do have on a declining market but since its unpredictable then this is where things becomes even more harder
this is why buying decisions will vary on someones knowledge and skills through the market.

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August 12, 2022, 10:38:12 PM
 #156

I think we are already in the bottom and economy of the crypto cant go below this for sure. Look at the market cap it has held and the money that is involved. Most of the resistance that we are seeing currently is because of big institutional investors out there. They wont be selling but keep buying as the scary investors sell off their coins.  This will generate sweet entry spot for the institutional investor bringing down their BEP to even lower rate. I gotta say bitcoin is one hell of a ride which can be best experienced by investing at current rates.
Based on the markecap we can't get into conclusion that bitcoin won't go any low. Even when the price of bitcoin was falling from $64k, none expected it to fall down to $50k. What happened it continued its downfall, atleast it should've stopped by $20k. The price reached $17k as the low bottom and institutional investors tried to trick the market, but there is now big panic moments from the users around. If not, surely the price could've dropped even lower.
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August 13, 2022, 06:50:18 AM
 #157

I think we are already in the bottom and economy of the crypto cant go below this for sure. Look at the market cap it has held and the money that is involved. Most of the resistance that we are seeing currently is because of big institutional investors out there. They wont be selling but keep buying as the scary investors sell off their coins.  This will generate sweet entry spot for the institutional investor bringing down their BEP to even lower rate. I gotta say bitcoin is one hell of a ride which can be best experienced by investing at current rates.

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?
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August 13, 2022, 07:42:19 AM
 #158


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.

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August 13, 2022, 08:53:47 AM
 #159

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.

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August 13, 2022, 03:08:16 PM
 #160

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.

For me the price value of bitcoin so far is good to buy, as long as I know if it is low, I will buy little by little and then just hold until the bull run does not return, and I also know that we are still in a bear market period and I know that others also know this to be honest. But it's always your strategy, it's your freedom, if you think it will decrease to the value it has now, it's up to you, it's your choice. I just hope you don't end up feeling like you'll regret it later.

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