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Author Topic: waiting to buy lower?  (Read 1799 times)
Docnaster
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August 20, 2022, 11:12:40 PM
 #181

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.

This crypto market is full of uncertainties and the more the uncertainties, the more the confusion and the more the panic. The  best thing is to study the market well and understand what works for you, stick to what works for you till it stops working for you, then you find another strategy to survive.

I said this because, according to Op, people would always want to buy the most obtainable low. But when everyone wants to buy low and the market decides to obey everyone and be going lower, it will create a panic that the coin wants to die and you see the people holding will sell off and it might be the end of the coin. That is exactly what happens to altcoins and if not that bitcoin is a great king, it would have happened to it this bear market.

Everyone buy in the low region, that is where we are now, you will not know when it will get to the lowest and might never get. It is better you start to DCA with what you can afford to lose and the result might be fine in few months time, perhaps few years.

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August 21, 2022, 02:22:34 AM
 #182

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.

Lots of people saying if it goes 19k they will buy. They won’t. Even if it goes 10k they will say 5k. lol
Who is buying BTC now will be rich in a few years
If you have money to buy, so buy. The first one is for the short term, Selling when prices are high and the second is for the long term.
A businessman will buy anything based on money management logic.
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August 21, 2022, 06:42:54 AM
 #183

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.

Lots of people saying if it goes 19k they will buy. They won’t. Even if it goes 10k they will say 5k. lol
Who is buying BTC now will be rich in a few years
If you have money to buy, so buy. The first one is for the short term, Selling when prices are high and the second is for the long term.
A businessman will buy anything based on money management logic.

As long as there is a good opportunity and time to buy I think make the most of it,
it's important because if you keep waiting it will only waste time and opportunity,
Bitcoin is no doubt, it's good for short and long term

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August 21, 2022, 10:08:51 AM
 #184

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.
There are many investors who are willing to hold but have to sell despite unfavorable conditions for cash needs. But those who have financial backup are always able to withdraw profits. They can even take profits in bear markets as well. To have enough money some times give you the good opportunity by falling sudden dip.

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August 21, 2022, 12:24:08 PM
 #185

There are many investors who are willing to hold but have to sell despite unfavorable conditions for cash needs. But those who have financial backup are always able to withdraw profits. They can even take profits in bear markets as well. To have enough money some times give you the good opportunity by falling sudden dip.
lucky for every trader or investor have financial backup because get moment to buy back when price still drop, I want to be one or investor or trader always keep hold with fund back up when some time bitcoin or altcoin price drop drastically. Last days success filled my buy order with little higher price, but after few minutes my order filler price altcoin and bitcoin drop drastically. I don't have enough fund back up to buy back with several altcoin with lower price. I think most lucky with every trader have financial backup when getting moment with bitcoin and altcoin price drastically, they can recovery losing on first filled order with another buy back with lower price.

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August 21, 2022, 08:13:17 PM
 #186

In my opinion, don't wait anymore, because at this time the price of crypto currency is already at the bottom,
don't have to think about whether it will go down again or not, all you have to think about is that you have to be able to buy it!,

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August 22, 2022, 11:54:20 PM
 #187

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 always expect to buy much less. But that is never fulfilled for some people.Only those who spend the most time with the market and can analyze the market well can tell when the market is dumping and when it is pumping.But I think the current time is a good time to invest, but the market is dumping again You should buy in the current market without thinking about different aspects. Another thing is that you can divide your total balance by four to invest.Step by step you could invest. This method can be considered by some as a good method

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August 24, 2022, 06:09:30 AM
 #188

Still, nobody can answer that. Since the last 2-3 weeks, the price of bitcoin is neither going very up nor down. So, it’s hard to tell if it would go down or up. I would recommend that if you buy some crypto, then you should go for it. But if you can’t take the risk, then don’t.
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August 24, 2022, 07:23:38 AM
 #189

Sometimes looking for lower price you can't take entry and price will go up then you can't do anything. No one can predict lowest price of any project to take entry. It is good to accumulate coins in short portion to minimize loss. This formula of buying is called sip which will be beneficial. If you think that we can take entry at any position then you will see big losses.
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August 24, 2022, 02:40:37 PM
 #190

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.

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August 24, 2022, 04:04:52 PM
 #191

Sometimes looking for lower price you can't take entry and price will go up then you can't do anything. No one can predict lowest price of any project to take entry. It is good to accumulate coins in short portion to minimize loss. This formula of buying is called sip which will be beneficial. If you think that we can take entry at any position then you will see big losses.

Depends from how you understand the flow, if you are willing to wait for long hold and you are sure that the project will progress, you might see dump and it's not new as it was part of this industry/business, all you have to do is to keep holding while at loss and never to panic to avoid losing your money, worse things that many traders/investors mistake are being afraid to something that they are not sure.

Crypto investment is not a quick to rich scheme, it's a business that many are working their best to take advantage, if you are here thinking that you can quickly earn then this venue of investment is not for you, better to study and do a deeper research before you enter your trading positions.

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Oilacris
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August 24, 2022, 09:14:20 PM
 #192

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 always expect to buy much less. But that is never fulfilled for some people.Only those who spend the most time with the market and can analyze the market well can tell when the market is dumping and when it is pumping.But I think the current time is a good time to invest, but the market is dumping again You should buy in the current market without thinking about different aspects. Another thing is that you can divide your total balance by four to invest.Step by step you could invest. This method can be considered by some as a good method
If you are someone who do seldom check out the market then you would really be having that kind of lack of awareness or knowledge towards movement which you might really that presume that the price

do shows a good entry but it totally not since it is really just moving sideways but if its really dumping then if you are the one who do have already experience and awareness about the market then you

would really be having that consideration on buying out cheaper coins.Its really just normal that we would really be looking for the best spot or bottom price for us to get in since we could really
maximize possible profitability whenever the market would really make out some reversal.
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August 25, 2022, 04:40:27 AM
 #193

There is no guarantee whether the price will go low or not. If you can take the risk, you can buy some cryptocurrencies now. Or maybe wait for another dip. It’s up to you. Analyse the market and make decisions accordingly.
CapGelatik
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August 25, 2022, 02:47:09 PM
 #194

don't expect to be able to buy low again, because $20k is still very strong,
and maybe if everyone thought it would drop below $20k I'm sure whales would make a difference,
and make frustrate traders, this is a fact, and proven as long as I trade  Wink

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August 25, 2022, 03:13:34 PM
 #195

don't expect to be able to buy low again, because $20k is still very strong,
and maybe if everyone thought it would drop below $20k I'm sure whales would make a difference,
and make frustrate traders, this is a fact, and proven as long as I trade  Wink
current conditions may still be strong. but we will face the weekend. where the daily trading trend can also change.
I don't think I will wait for the lowest price for my investment. build investment assets will be better gradually. This is for long-term planning. think knowing the lowest price will be very difficult. because we won't know when it will happen.
start now if you want to invest, because if the market then makes a pump, you will regret it because you are afraid to start.



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Rainbot
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August 26, 2022, 05:13:37 AM
 #196

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.
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August 26, 2022, 06:00:41 AM
 #197

Based on the new moved of Bitcoin price few weeks ago showed that the price will not decrease more than $20,000 before it will increase higher to remain stable through out the remaining months for those that purchased and hold some months ago to start earning from their investments. Anyone waiting for the price of Bitcoin to decrease to $10,000 before they can buy and hold will miss this opportunity, because the green light is preparing to appear for people to experience bullish season in the market. I don't think, the price will still decrease more than this before Bitcoin and other coins will start pumping in the market for those that made used of the opportunity to embrace their rewards.

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August 26, 2022, 06:14:46 AM
 #198

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 wouldn't lose anything if you missed the chance on buying on the "bottom", I meant you wouldn't lose your money, just the chance on making much profit for the next all time high. Bear market isn't over yet, I believe, because it'll took again years before the bull run take over, if I'm not mistaken. The only thing that anyone could do to avoid regret is to buy every time it dips, using the portions of the total money that he has.
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August 26, 2022, 04:03:01 PM
 #199

Things don't end in case we miss buying the dip because we can always take advantage of every market situation. We can still buy while the price is low and still take a profit when the market recovers. We could gain a good profit if we'll be wise and knew how to buy with perfect timing. Also, we can't really determine if we're on the bottom or not so better buy while there's an opportunity.
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August 26, 2022, 06:11:03 PM
 #200

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

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