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Raflesia
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August 04, 2022, 05:30:41 PM
 #41

In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
It's a good thing to say this in the long term because it's a good money thing to do.
Currently the market is not too erratic so decide correctly so you don't regret it later.
Installment from now is not too bad especially for the price although there are some possibilities that will definitely happen and the worst possibility is to go down again deeper.

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August 04, 2022, 08:01:33 PM
 #42

In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
In what? Bitcoin hit 3500$ in early 2019. That's way before the covid which happened in late 2019, early 2020. At least try to stock up your memory on Bitcoin's price around the lowest price in the 2018/2019 crypto crash, dude. Those were a different time, hard to lament on people that sit on their hands at that time since the crypto market is very grim at that moument.
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August 04, 2022, 08:21:49 PM
 #43

In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
It's a good thing to say this in the long term because it's a good money thing to do.
Currently the market is not too erratic so decide correctly so you don't regret it later.
Installment from now is not too bad especially for the price although there are some possibilities that will definitely happen and the worst possibility is to go down again deeper.
Whenever the market do make out sideways movement then it would normally be creating that kind of anxiety and doubts or lessening out confidence on making further step whether you should hold a bit or would completely accumulate on gradually because there's no way that we could really able to tell on what are the things that would happen ahead and this is where things to be decided and the ones who do make
profits are the ones who do make out some decision on market conditions like this.It wont be that simple but its not something impossible for you to place yourself into the possible bottom.
Act if you do love to see some outcome in the future and dont just simply talk without taking such step or doing something because it would really be pointless.

R


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August 04, 2022, 09:08:05 PM
 #44

We'll never know. Bitcoin has already proven even how dipped we are, there's still more dip, it's really unpredictable, that's how the market works especially in the cryptocurrency market where volatility is high. To be honest, there's still a huge chance it will drop below $19,000 because, in just the last few months, we experienced to drop of around $17,000 in just a short period of time, so everything is possible anytime.
I do not think that "no matter how dip we go, there is more dip" is really true. I mean sure it looks that way right now, but in reality I think the dip is already settled before we even do it. This means that the market knows what where they will get in and stop it and buy all the bitcoins at that range to make sure it doesn't go any below, and this market is you and me and other regular people like me along with all those rich people and companies, we just don't know what that price is until we see it.

Meaning, do not worry about the dip, because the dip will stop, worry about the upside because even though it will stop at certain dip, it will always keep on going higher and higher and we do not know where it will stop.

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August 04, 2022, 09:22:09 PM
 #45

Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin, remember it was because of CoViD that's why BTC plummeted to 3700$, the best strategy is DCAing, 17500$ per BTC weeks ago was a good opportunity honestly, for the short time some said but might be the last for the long term too, instead of guessing and making predictions avoid sitting on your hands and do nothing.
If you want not to miss any price drop opportunity, then always create moves in every dip. Through DCA, we can still make a good purchase in every price drop, thus makes our portfolio more profitable to look. However, if you prefer hodling and not buying at all, then maybe you can do nothing at all but stay patient and relax. But always know that bear season is a good time for accumulation, not just simply hodling the whole bear market.

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August 05, 2022, 08:12:05 AM
 #46

It's a good thing to say this in the long term because it's a good money thing to do.
Currently the market is not too erratic so decide correctly so you don't regret it later.
Installment from now is not too bad especially for the price although there are some possibilities that will definitely happen and the worst possibility is to go down again deeper.
Whenever the market do make out sideways movement then it would normally be creating that kind of anxiety and doubts or lessening out confidence on making further step whether you should hold a bit or would completely accumulate on gradually because there's no way that we could really able to tell on what are the things that would happen ahead and this is where things to be decided and the ones who do make
profits are the ones who do make out some decision on market conditions like this.It wont be that simple but its not something impossible for you to place yourself into the possible bottom.
Act if you do love to see some outcome in the future and dont just simply talk without taking such step or doing something because it would really be pointless.
Anxiety is a natural thing in this case because regardless of anything this is related to finances and obviously this is something that is risky so it is quite natural to be anxious about this. but on the other hand this is not a reason to make this seem bad because from every anxiety there is one lesson that we must reflect on, namely how those who are down will come back up like the last few years and how some people regret selling their bitcoins at cheap prices. We also have to reflect on this so that we can still turn things around from it.

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August 05, 2022, 09:04:08 AM
 #47

In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
Not many people use that moment to buy bitcoins because in addition to panicking about covid-19, they have to fulfill their daily needs where everyone also needs them at the same time. They don't think about the very low price of bitcoin but think about how they can survive the pandemic. But others who are ready with everything can use the opportunity to buy as much as possible to own bitcoins and hold them until the price rises. So if you see bitcoin price bottoming out, don't waste time buying because you probably won't see it again in the long run.

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August 05, 2022, 09:59:56 AM
Last edit: August 05, 2022, 10:27:21 AM by CryptoHeadlineNews
 #48

Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin, remember it was because of CoViD that's why BTC plummeted to 3700$, the best strategy is DCAing, 17500$ per BTC weeks ago was a good opportunity honestly, for the short time some said but might be the last for the long term too, instead of guessing and making predictions avoid sitting on your hands and do nothing.
To be frankly speaking I find it hard to comprehend what you are trying to say, because even if the price of Bitcoin falls to $10k per BTC, people will still have that doubt to still venture into such great opportunity, because looking at the current price of Bitcoin now ($23k) from it's All Time High it is approximately 34% decrease in price, which actually means that Bitcoin still have that tendency to actually reach such price once again in the near future. So this is actually the best time to invest in BTC irrespective of the rumors online

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August 05, 2022, 10:13:13 AM
 #49

Actually if they are lazy enough to research about strategy regarding about the possible price of Bitcoin when it goes down even more, they could literally just buy at whatever the price of Bitcoin right now, because we are too far from the all time high and all they would do is to wait for it to reach that peak again to gain profits.

Now, if the price dumps even more after they bought, then it's fine, because the bottom line is Bitcoin will definitely gonna make a new all time high after this bear market.
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August 05, 2022, 05:16:03 PM
 #50

Choosing bitcoin while it is lower in price is good idea. But its not just a dip because bitcoin  is really a valuable coin and the price is low but not for those who can not afford it. Bitcoin is ideal coin you can invest in it but think about its price that if it drops quickly then will you be able to recover it back easily as you have invest a big part of your money in it. Bitcoin is really worth but its price is so high to manage after loss.

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August 05, 2022, 06:25:07 PM
 #51

Choosing bitcoin while it is lower in price is good idea. But its not just a dip because bitcoin  is really a valuable coin and the price is low but not for those who can not afford it. Bitcoin is ideal coin you can invest in it but think about its price that if it drops quickly then will you be able to recover it back easily as you have invest a big part of your money in it. Bitcoin is really worth but its price is so high to manage after loss.

We don't need to buy a whole Bitcoin if we can't afford it. We can take baby steps and buy the amount that we can only afford. As long as we buy during the bearish season, I don't think we'll have big losses especially when the market gets back to normal. It's still a good time to buy rather than letting the opportunity pass.
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August 05, 2022, 06:50:09 PM
 #52

Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin, remember it was because of CoViD that's why BTC plummeted to 3700$, the best strategy is DCAing, 17500$ per BTC weeks ago was a good opportunity honestly, for the short time some said but might be the last for the long term too, instead of guessing and making predictions avoid sitting on your hands and do nothing.
They say always wait for the right timing to buy and sell, but we often perceive it wrongly and still resort into wrong decisions. Bitcoin price is already a good time to buy, so always make a move while there is still opportunity to seize. Some would prefer waiting for another bitcoin price drop, but seeing how the price of bitcoin changes rapidly, there’s no such better idea than to do DCA than miss the train again. That is way safer than just purely waiting and do nothing.

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August 05, 2022, 09:13:54 PM
 #53

Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin, remember it was because of CoViD that's why BTC plummeted to 3700$, the best strategy is DCAing, 17500$ per BTC weeks ago was a good opportunity honestly, for the short time some said but might be the last for the long term too, instead of guessing and making predictions avoid sitting on your hands and do nothing.
Some people are just indecisive and regardless of how good the price may be they are not going to buy it, even if the price of bitcoin went down all the way to 10k those people are then going to wait for the price to go to 5k, however what really happens is that they are scared of taking the wrong decision, and someone with that kind of mentality is never going to become a successful trader, as a good trader needs to take calculated risks and even if from time to time he is wrong as long as he is correct more often than not then he will make money.

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August 05, 2022, 09:44:18 PM
 #54

It might take a while for the bitcoin price to drop to that price and, likely, it won't drop that far.
So we also have to think about whether the situation is likely to happen or whether it will happen in the future so that we can decide when to buy.
I agree that the best strategy is to use the DCA method, where we buy at a low price to accumulate more bitcoins.
This can also help us to be able to benefit from each subsequent increase.
There’s always no guarantee as to what price comes next, if there will be a sudden price increase or decline, so if you just wait and do nothing, you might end up missing new opportunity to buy bitcoin at a good price. This is why a lot prefer to do DCA while waiting for the best price to buy. At least, if your expectation does not happen, then you won’t be regretting around and blame yourself why you never make such a good move that time.

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August 05, 2022, 10:22:20 PM
 #55

Actually if they are lazy enough to research about strategy regarding about the possible price of Bitcoin when it goes down even more, they could literally just buy at whatever the price of Bitcoin right now, because we are too far from the all time high and all they would do is to wait for it to reach that peak again to gain profits.

Now, if the price dumps even more after they bought, then it's fine, because the bottom line is Bitcoin will definitely gonna make a new all time high after this bear market.
Buying at its current prices is still a good idea, it can be doubled or even more when Bullrun comes again. But the question is if this person can manage to hold and wait for the moment as I was afraid to weaken his hands and sell them after a few days or weeks. That still never works. That I say we should have some commitment to doing this and not just simply buy and sell. For we are about to engage in investing in Bitcoin, the more we have to spend time searching and familiarizing the market trend so we have the idea of where we are going and the idea when to sell.



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August 05, 2022, 11:55:56 PM
 #56

Actually if they are lazy enough to research about strategy regarding about the possible price of Bitcoin when it goes down even more, they could literally just buy at whatever the price of Bitcoin right now, because we are too far from the all time high and all they would do is to wait for it to reach that peak again to gain profits.

Now, if the price dumps even more after they bought, then it's fine, because the bottom line is Bitcoin will definitely gonna make a new all time high after this bear market.
Buying at its current prices is still a good idea, it can be doubled or even more when Bullrun comes again. But the question is if this person can manage to hold and wait for the moment as I was afraid to weaken his hands and sell them after a few days or weeks. That still never works. That I say we should have some commitment to doing this and not just simply buy and sell. For we are about to engage in investing in Bitcoin, the more we have to spend time searching and familiarizing the market trend so we have the idea of where we are going and the idea when to sell.
Easy to say but when we do make such action then it cant really be avoided to come up into our minds that the price might even go lower in upcoming days or weeks to come which we dont really like for us to missed and wont able to maximize maximum profit which is something a very common behavior of ours.

People do usually whine are to those who are just non-investors and the real ones would just simply be silent and wont really be making out much reaction but they do know on what condition
or situation they are facing as of  this moment.

If you do have future plans then act and plan accordingly because if you wont take any action then you would just simply miss out lots of possible opportunities to make money.

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August 05, 2022, 11:57:45 PM
 #57

Everybody may have personal expectation about the lowest price in order to get the cheapest price. However, to avoid some regret, I do agree that it needs to use the DCA technique. So, we have at least bought Bitcoin several times at some certain dropped price or rate. That is why we can see that we still have cahnce again to see the price drop or rise up

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BuNga_cute
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August 06, 2022, 01:40:15 AM
 #58

In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
Not many people use that moment to buy bitcoins because in addition to panicking about covid-19, they have to fulfill their daily needs where everyone also needs them at the same time. They don't think about the very low price of bitcoin but think about how they can survive the pandemic. But others who are ready with everything can use the opportunity to buy as much as possible to own bitcoins and hold them until the price rises. So if you see bitcoin price bottoming out, don't waste time buying because you probably won't see it again in the long run.

It is true that the impact of the COVID-19 pandemic has had a huge impact on the economy of many people. That's why when the price of
Bitcoin has dropped so low as it is now, there are still many people who haven't taken the opportunity to buy Bitcoin. Since many people are
still trying to recover their economy, and prioritize their money to meet their daily needs before buying Bitcoin. So there is a possibility that
the bear market will last longer than we thought.

Then for people whose economy has recovered and plans to invest again, don't hesitate to buy Bitcoin at the current price and don't just let
our money be deposited in the bank, which will decrease in value due to high inflation. Because like you said we should not waste the opportunity
to collect as much Bitcoin as possible before the Bitcoin price rises. It could be surprising that Bitcoin will rise, because the movement of Bitcoin is
very volatile, so we are indeed difficult to predict the price of Bitcoin. What is certain is that if we have extra money, it is better to invest in Bitcoin,
which can prove to be profitable if we hold it in the long term.

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Tony116
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August 06, 2022, 03:17:04 AM
 #59

Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin,
The thing about "buy dip and sell high" doesn't mean you have to wait until it dumped to <=10k for example, that's not how it works. It would take a year or even never had a chance to reach that kind of price if the behavior Bitcoin is to remain strong and stronger every single day. That's why we have something called indicators and analysis to help you determine what price is "low enough" to be invested at.

It is a bad idea as we all know that bitcoin price is unpredictable, as everyone is waiting for it to drop to 10k, the market is likely to go in the opposite direction. We already have a great DCA'ing strategy, why don't we use it?

People who say they will wait for bitcoin to reach 10k$ they will buy then I think when bitcoin hits 10k they will not buy and they will say that it is too risky to buy. They are people who don't believe in bitcoin.



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[15.00000000 BTC]


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Rainbot
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August 06, 2022, 07:36:43 AM
 #60

Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin,
The thing about "buy dip and sell high" doesn't mean you have to wait until it dumped to <=10k for example, that's not how it works. It would take a year or even never had a chance to reach that kind of price if the behavior Bitcoin is to remain strong and stronger every single day. That's why we have something called indicators and analysis to help you determine what price is "low enough" to be invested at.

It is a bad idea as we all know that bitcoin price is unpredictable, as everyone is waiting for it to drop to 10k, the market is likely to go in the opposite direction. We already have a great DCA'ing strategy, why don't we use it?

People who say they will wait for bitcoin to reach 10k$ they will buy then I think when bitcoin hits 10k they will not buy and they will say that it is too risky to buy. They are people who don't believe in bitcoin.
it's normal, my friend, when the price of Bitcoin is down, people will think they are afraid to buy it at a cheap price,
especially when the price of Bitcoin drops from ATH $65k to $10k of course people will also be more afraid to buy,
but when the price is at $70k I'm sure people will buy it and think Bitcoin will reach $100k  Grin Grin
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