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Author Topic: Do you regret buying before the dip  (Read 1864 times)
EdenHazard
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July 11, 2022, 10:53:33 PM
 #41

I am quite confident a price recovery will come in mid-long term, if I would have bought some random sh*tcoin I would of course be worried about my investment, since those tend to die after a significant bump. But since we are talking about Bitcoin, I dont think my positions are lost forever.

Bitcoin is the major of cryptocurrencies, one of the vastly known, secure and ever expanding. In the mean time, this price ranges are ideal to add some satoshis to the bag, if possible.


Bitcoin is the best asset in the crypto market, so regardless if you bought it at its high value, it will always bring profits in the long run. Though the market is not impressive to look at with this bearish market, but the fact that you accumulate a lot of bitcoin in your portfolio, that gives you much advantage to be in a high position when the market gradually turns bullish. With the bear market on hand, it will be the best entry to start investing in the crypto market.
The biggest problem and challenge that bitcoin holders have to face is that whenever the bear market hit us ... they are tend to give up seeing their portofolio get dropped too much , while actually a bear market is part of the sign that the price would sky high even more.

They have not experienced how to go from the bottom to the top at the bery short time after through the bearish misery for months!

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July 11, 2022, 11:47:17 PM
 #42

Everyone who bought before the dip regrets because no one like to see how the value of their bought assets dip and for sure they regret about buying so early since they could actually buy when go more lower. Now they bag hold and unsure on when the price pump again and its a huge pressure to see the market goes decline daily especially when bear market occurs.

R


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July 11, 2022, 11:52:56 PM
 #43

The value of bitcoin dropped unexpectedly this year from $30,215 to $20,385 within a few days from June 9th to June 17th according to coinmarketcap,
~~~~~~

A quick question for anyone here who purchased bitcoins say on June 9th just before the unexpected dip began? Do you regret your decisions and are you confident that bitcoins will bounce back?
Regretting or not, there's nothing you can do yet no one can turn back the time and whats done is done.Yes, its stressful and have those kind of regrets if you should have wait a little bit longer or further
then you might able to get in on that low price point but well its already late but doesnt mean its over yet you could always DCA and as long you dont sell on loss then those would be still counted
or does always have the chance for break even or profiting considering the potential of bitcoin then we do know that it is really worth on holding for long term
buy when you do see the price is considerable on getting in or buying cheap.Dont make yourself do have the habit on looking back whenever you do miss out bottoms.

R


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July 11, 2022, 11:57:55 PM
 #44

Everyone who bought before the dip regrets because no one like to see how the value of their bought assets dip and for sure they regret about buying so early since they could actually buy when go more lower. Now they bag hold and unsure on when the price pump again and its a huge pressure to see the market goes decline daily especially when bear market occurs.

Initially everyone will be disappointed and regret buying before the dip, but with time, we will all get used to buying before the dip.
It is very difficult indeed to be able to buy Bitcoin at the lowest price, because in reality it is very difficult to determine the lowest price of Bitcoin.
In the end, if we have been in the crypto world for a long time, we slowly begin to realize that there is no need to regret buying Bitcoin before the dip.
Because Bitcoin will always recover no matter how deep the price falls. So as long as we can be patient holding Bitcoin until the bull market comes,
everything will be fine and we can still make profit from Bitcoin. So if someone buys Bitcoin at $30k, or even I'm sure many also buy Bitcoin at a price of
$ 60k. But we don't regret and decide to sell Bitcoin at a low price, because as long as we haven't sold the Bitcoin that we have as deep as the Bitcoin
price goes down, we haven't actually lost. So stay patient with the current bear market situation, we just need to hold Bitcoin until the market recovers.

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July 12, 2022, 09:56:17 AM
 #45

OP should remember that there were those who bought at $60,000 also. So, if those who bought at $30,000 feel any sense of regret; what do they have those who bought above them do? My only regret if I bought at those points I mentioned above wouldn't be that of panic but that of "I could've got more sats with the same amount if I had waited some more" kind of feeling. To state it plainly, no one should be remorseful at whatever level they're buying in. In the nearest future we all will realize that these selling/buying points now are even far too cheap.
I think it's not really about the price as much as it is about the mindset. Someone who bought at 60k could feel regret if they never bought again later on, or even sold. But someone who bought at 60k, and bought a lot from lower levels as well, would feel that they averaged it down and they would feel comfortable about it.

Someone who bought at 30k, and did not make any new purchases, will feel regret for sure, but someone who bought there and then bought some more here would not feel the same. So long story short, if you know how DCA works then you would not feel any regret no matter what, but if you do not use that method then you would be pretty upset.

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July 12, 2022, 03:58:06 PM
 #46

~snipped~
But someone who bought at 60k, and bought a lot from lower levels as well, would feel that they averaged it down and they would feel comfortable about it.
We shouldn't jettison the fact that some may have bought with all the available cash on them, thinking that would be a point of reversal. If it happens that way, it won't even help their case anymore that they want to get in on DCA. All they can muster at such a situation will be to sit on the sideline and rue their early entry. You've to realize that at any point one makes a buy, one is convinced within oneself that it's a right time to go in. We only get to know from hindsight that we got in too early. The point I'm labouring to make here is that those who don't embark on DCA won't necessarily be because they don't intend to but  may be because they're cash-strapped.

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July 12, 2022, 06:18:33 PM
 #47

That's true, if people are fixated on the fact that they bought at one price, and that price is bad, then they are never going to recover from that. There are traders who makes mistakes but then recover from it by doing a better action and maybe they are now in lower loss, or maybe they are easier to recover from etc etc, but they did something.

Because, any great trader would know that, it is impossible to be 100% right, but if you find a way to get better, if you find a way to make a trade that will make your initial trade easier to recover from, then you do not have to worry. Most people are like what you said, they make one bad move, and they think that's the end of the world.

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July 12, 2022, 09:36:50 PM
 #48

That's true, if people are fixated on the fact that they bought at one price, and that price is bad, then they are never going to recover from that. There are traders who makes mistakes but then recover from it by doing a better action and maybe they are now in lower loss, or maybe they are easier to recover from etc etc, but they did something.

Because, any great trader would know that, it is impossible to be 100% right, but if you find a way to get better, if you find a way to make a trade that will make your initial trade easier to recover from, then you do not have to worry. Most people are like what you said, they make one bad move, and they think that's the end of the world.
in other way around it is very obvious that traders to expect every time to be in advantages way of cryptocurrency most especially in terms of market trading, but not all of them believe that they can lost in market but according to the rules of Reading it shows that reading market structure is like risk such as profit and loss. But it's obvious market can go wrong when you do expect it and it's the tradition of trading.


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July 12, 2022, 10:03:01 PM
 #49

Surely as an investor it's simply too early to tell if you regret buying the dip, if you did so in order to invest on a multi-year time-frame, likely 4-year based on Bitcoin's previous cycles. As a trader, then you probably should already be removed from your position if not already had a stop loss triggered given price fell lower than $20K as well as moved back above this level. Or at least have a tight stop loss right now.

I'd like to think most people have been buying the dip in order to hold for the long-term, but only time will tell. Sometimes these dead cat bounces come from traders rather than investors.
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July 12, 2022, 10:29:32 PM
 #50

Well, I can understand the nature of the market, and missing the right time to buy is somewhat regretting but yes we know the market is unpredictable in the first that is why we still need to accept it. But for sure, that was not the last drop that ever happens, we can still catch the next dip and buy. That was really how the market works, you can be all the time lucky, but sometimes we miss opportunities.

This is the reason why it is very important to analyze the market and spending more time will help us on what we gonna do next.
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July 13, 2022, 06:51:37 AM
 #51

Somehow I do, but little did I know that bitcoin would go this low. I had completely forgotten about the bitcoin winter option and thought that I was buying at the lowest price I could have. But somehow, I am a little worried about how low it will go. I have started to have doubts now.
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July 13, 2022, 02:17:02 PM
 #52

The most expensive price I have ever bought is around $ 55k, of course I'm sorry for not buying when the price of Dip is like what is happening now, maybe I'm sorry 2 times because I missed selling Bitcoin when the price was more than $ 69k, but this was an important lesson that Sometimes we have to sell immediately when profit.
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July 13, 2022, 04:38:55 PM
 #53

Bitcoin is not easy to predict, even the experts are not always right, this is what we must know because the ups and downs of bitcoin occur from several factors.
and I mean, the decline and the rise in the price of bitcoin and the lows and highs no one knows how much and how long it will last. And as long as you buy below the previous ATH, don't regret it because it has happened and will be a lesson, and what you have to know is that bitcoin is for the long term and also in the future you will not know what the price will be and its value will definitely exceed the previous ATH, the most important thing is to be patient and believe.


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July 13, 2022, 05:10:46 PM
 #54

I will not regret at all, on the contrary, the people who did not buy are the ones who will regret it later, I am confident that the markets will go back up again, it may take some time to go up, but it is certain that this will happen, I am not talking here about technical analyzes, but I am speaking from one fixed fact only, Bitcoin It has one long-term bullish trend and this rule will not change no matter how many falls and no matter how long it takes, we have tested this condition many times before so I do not and will not regret it.

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July 14, 2022, 07:45:11 AM
 #55

I regret that I didn't buy when the bitcoin price was 18k, at that time I was planning to buy around $700, but I canceled and switched to buying altcoins, if I bought it of course I would have profited more than $200 and I think this is a big profit, but with this it makes we must always be optimistic about bitcoin.
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July 14, 2022, 08:01:48 AM
 #56

It must be very uncomfortable to have a 50% deposit reduction now. So I am more than sure that almost all those who bought bitcoin before the collapse are regretting their purchases. It's elementary mentally pressure, because you could buy a lot more coins now. And now you have to wait for who knows how long to make a profit.
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July 14, 2022, 12:08:02 PM
 #57

I do feel a little sorry. But considering I'm buying bitcoin for the long term, then I have no regrets because I have confidence that bitcoin will surpass ATH in the next bull market. although maybe not this year.

but there is something that makes me very sorry, namely When bitcoin reached $ 17,000USD but at that time I did not have time to place an order to buy it. so I missed a bit of that great opportunity. and that's my regret.

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July 14, 2022, 12:23:23 PM
 #58

It must be very uncomfortable to have a 50% deposit reduction now. So I am more than sure that almost all those who bought bitcoin before the collapse are regretting their purchases. It's elementary mentally pressure, because you could buy a lot more coins now. And now you have to wait for who knows how long to make a profit.

Regret on taking early decision is normal since no one want to lose their money on bad trades but if they are experience trader for sure they can easily move on and learn from those mistake. Although we cannot predict the future but if we didn't sell what we bought on supposed to be dip for sure this will not a total loss to us because we can still recover the value once bitcoin price will recover again.

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July 14, 2022, 12:29:23 PM
 #59

It must be very uncomfortable to have a 50% deposit reduction now. So I am more than sure that almost all those who bought bitcoin before the collapse are regretting their purchases. It's elementary mentally pressure, because you could buy a lot more coins now. And now you have to wait for who knows how long to make a profit.
It really feels regretting at first but I've to feel better now as I already accept that this really comes. We can't direct the market where it goes and probably commences not to dump after we buy. But the situation comes mostly in opposite direction and usually, we got mess especially if we don't undergo into market research. This is a very common and the usual thing that happened with newbies, and that is why they mostly complain about their losses which in fact it was their fault.

It is very important for us to give focus on the market chart before buying and tried to listen to other's opinions in order to avoid missing out.

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July 14, 2022, 03:28:11 PM
 #60

We never know whether the current price has dipped or not, if we compare it with ATH that has happened of course we have already gotten a discount of more than 70%, and this fact makes me have to buy bitcoin immediately before it skyrockets again.
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