sumant
Copper Member
Jr. Member
Offline
Activity: 770
Merit: 1
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August 03, 2022, 08:29:25 AM |
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From my point of view Bitcoin don't go below $10k. Bitcoin has that established marketcap to maintain a good position in market, only bad news or any international regulations van make this currency very much down because of panic selling but i don't think that is going to happen so here we can make our entry in this currency. It is very important to take entry at lowest price.
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distr@yopmail.com
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August 03, 2022, 08:39:47 AM |
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It's always a good idea to come up with a strategy for when you're going to buy (and potentially sell) coins rather than just continously aiming to buy a lower price (you're more likely to sell at a loss then too imo).
Few people buy bitcoin at the bottom and most of them either buy randomly or buy without having specific strategies. The market will never tell you were the bottom or top is accurately and it only shows you area of conference and at that waiting to buy at the lowest of the lowest will always cost you to lose investment opportunities. most of those random buys because they also have confidence in the bitcoin market that will pump up the future. at any price, I think buying Bitcoin will not lose as long as we are patient for the targets to be achieved in the future. investing is always profitable for the long term. the situation may be different if they plan a short-term trade or investment.
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salad daging
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August 03, 2022, 11:49:33 AM |
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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.
I think waiting for bitcoin to drop to 10k it will be very long it might take some patience for that, but I'm not sure the current situation for bitcoin is that low. Think about something that might happen in the future maybe we always expect an increase and there must be a lot of buying going on, now this is before the increase is higher then the DCA strategy is the important thing I always use it's an opportunity for me now and won't be waiting for it therefore benefits advantage of DCA will be slightly better what I have earned.
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GatotKaca
Sr. Member
Offline
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
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August 03, 2022, 01:15:36 PM |
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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.
I think waiting for bitcoin to drop to 10k it will be very long it might take some patience for that, but I'm not sure the current situation for bitcoin is that low. Think about something that might happen in the future maybe we always expect an increase and there must be a lot of buying going on, now this is before the increase is higher then the DCA strategy is the important thing I always use it's an opportunity for me now and won't be waiting for it therefore benefits advantage of DCA will be slightly better what I have earned. I think that situation will be difficult to achieve. the current decline is sufficient and price stabilization has also begun. although a small pump is seen and then corrected again. I would not dream of seeing BTC for $10k. when we have the time and money to invest in bitcoin, I don't think there is a need to wait for bitcoin to crash. Some say, buy when it's cheap and sell when it's expensive. but that situation can happen at any time in bitcoin. it all depends on how dare we enter the market.
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YOSHIE
Legendary
Offline
Activity: 2268
Merit: 1785
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August 03, 2022, 01:24:56 PM |
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instead of guessing and making predictions avoid sitting on your hands and do nothing.
I have read a lot about crypto trading on the internet, lastly I found someone asking users who are engaged in successful crypto trading, not users who invest in crypto. Question: the person. What do you expect, if Bitcoin goes down to the level of $10k and what do you expect, if Bitcoin goes up to the level of $100k.....? The answer: simple. Bitcoin $10k or $100k is the same for us, we need to watch Bitcoin move every second/minute/hour and day, That's what we need to pay attention to properly, buying and selling methods that we have to learn, when to buy and when to sell Bitcoin. From the user's answer, I conclude, if we understand the Bitcoin trading system/science it is worth doing, $10k in my opinion for those who make long-term investments.
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monineklutak
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August 03, 2022, 02:59:19 PM |
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It's always a good idea to come up with a strategy for when you're going to buy (and potentially sell) coins rather than just continously aiming to buy a lower price (you're more likely to sell at a loss then too imo).
Few people buy bitcoin at the bottom and most of them either buy randomly or buy without having specific strategies. The market will never tell you were the bottom or top is accurately and it only shows you area of conference and at that waiting to buy at the lowest of the lowest will always cost you to lose investment opportunities. most of those random buys because they also have confidence in the bitcoin market that will pump up the future. at any price, I think buying Bitcoin will not lose as long as we are patient for the targets to be achieved in the future. investing is always profitable for the long term. the situation may be different if they plan a short-term trade or investment. I think Bitcoin investment for the long term will be profitable and indeed it takes patience, and for the short term I don't think it's the right time considering the current condition is still like this, I really believe Bitcoin will skyrocket again in the future
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virasisog
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August 03, 2022, 03:30:46 PM |
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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.
I think waiting for bitcoin to drop to 10k it will be very long it might take some patience for that, but I'm not sure the current situation for bitcoin is that low. Think about something that might happen in the future maybe we always expect an increase and there must be a lot of buying going on, now this is before the increase is higher then the DCA strategy is the important thing I always use it's an opportunity for me now and won't be waiting for it, therefore, benefits advantage of DCA will be slightly better what I have earned. I think that situation will be difficult to achieve. the current decline is sufficient and price stabilization has also begun. although a small pump is seen and then corrected again. I would not dream of seeing BTC for $10k. when we have the time and money to invest in bitcoin, I don't think there is a need to wait for bitcoin to crash. Some say, but when it's cheap and sell when it's expensive. but that situation can happen at any time in bitcoin. it all depends on how dare we enter the market. If Bitcoin won't drop to $10k then we might miss the chance of buying at a low price. Sometimes we should take the risk of buying at low prices rather than waiting for it to drop without any assurance. The current price is already worth buying and would be good for those who want to invest for the long-term run. There's no need to wait for something that isn't sure to happen.
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justdimin
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August 03, 2022, 07:21:52 PM |
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I have read a lot about crypto trading on the internet, lastly I found someone asking users who are engaged in successful crypto trading, not users who invest in crypto.
Question: the person. What do you expect, if Bitcoin goes down to the level of $10k and what do you expect, if Bitcoin goes up to the level of $100k.....? The answer: simple. Bitcoin $10k or $100k is the same for us, we need to watch Bitcoin move every second/minute/hour and day, That's what we need to pay attention to properly, buying and selling methods that we have to learn, when to buy and when to sell Bitcoin.
From the user's answer, I conclude, if we understand the Bitcoin trading system/science it is worth doing, $10k in my opinion for those who make long-term investments.
10k is great for people like me who love to buy as much bitcoin as possible, but it doesn't mean that we are going to end up seeing the price changing all that much, it would be weird if we wanted that. What we are going to see instead however is price at 100k which would make me happy and everyone else happy as well, only people who would not be happy about that would be people who do not buy any at all. And I do not think that it would make sense. This is why I believe that we should be focusing on making a bit more profit when we are dealing with 100k type of prices, it is not the same as 10k because that would be a very long term period that not everyone can understand.
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samcrypto
Sr. Member
Offline
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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August 03, 2022, 08:48:25 PM |
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According to my judgment and previous inference, there is a long way to go for bitcoin investment. There will be ups and downs during this period. The important thing is to keep a good attitude and seize the opportunity.
This is a very volatile market, we should actively analyze the trend if we really want to take advantage of this opportunity. Don't who are just guessing for the trend will surely incur more losses compare to those who analyze before investing. With Bitcoin, its more possible to rise again and yes I don't believe for a $10k price again because I know we already hit the bottom and later, we will see its recovery price. Have a good timing with Bitcoin though, its ok to just watch if you think the trend is not for you just make sure you will still buy at your best price.
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Sanitough
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August 03, 2022, 08:57:03 PM |
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Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.
DCaing is better as you still take advantage on the current discounted price, than just keeping on waiting for a perfect price price and yet, still end up missing the train. Although bitcoin repeats its history most of the time, but it does not guarantee that what had happened in the past will still be a good basis at the present. Sometimes, bitcoin creates its price when we least expect it. So in order to keep up with the train and never miss another opportunity, always create a move every time the market is showing us a good signal.
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Oilacris
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August 03, 2022, 10:15:58 PM |
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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.
One of the most common mistake of people is that they dont really put up some action or movement whenever they do saw the market is declining but instead they are freaking out on whats happening rather than seeing these moments or events to be the sweetest spot for you to take action because if the market do make out some reversal then you wont be ending up on regretting just because you had missed out the opportunity to get in and this had been always the case and people who do make out actions then are the ones who do make money as simple as that.
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Hypnosis00
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August 03, 2022, 10:47:20 PM |
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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.
One of the most common mistake of people is that they dont really put up some action or movement whenever they do saw the market is declining but instead they are freaking out on whats happening rather than seeing these moments or events to be the sweetest spot for you to take action because if the market do make out some reversal then you wont be ending up on regretting just because you had missed out the opportunity to get in and this had been always the case and people who do make out actions then are the ones who do make money as simple as that. Factors are, * looking for the bottom * influence of negativity * worry that it dumps more This is why many investors missed their chance to buy at a cheaper price but they bought during the bull season. A very common mistake to happen to those who are not really familiar with the market and those who give weight to this fake news and FUDs. Anyways, this is the nature of the investment, some have weak hands and a negative mindset.
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Shasha80
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August 03, 2022, 10:54:48 PM |
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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.
The best thing that can be done is not to delay buying Bitcoin, as you said there is a possibility that Bitcoin will not drop to the price of $10k. So don't let us regret that we missed buying Bitcoin at a low price, because I think the current Bitcoin price is already very low. Especially if someone manages to buy Bitcoin when the price drops below $20k, that's a very good decision. Actually if we study Bitcoin well, buying Bitcoin at any price can make us profit. The most important thing is that after we buy Bitcoin, we can be patient holding Bitcoin until the price target we want is achieved, because after all the movement of Bitcoin tends to continue to rise.
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milewilda
Legendary
Offline
Activity: 3290
Merit: 1156
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August 03, 2022, 10:57:07 PM |
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Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.
The best thing that can be done is not to delay buying Bitcoin, as you said there is a possibility that Bitcoin will not drop to the price of $10k. So don't let us regret that we missed buying Bitcoin at a low price, because I think the current Bitcoin price is already very low. Especially if someone manages to buy Bitcoin when the price drops below $20k, that's a very good decision. Actually if we study Bitcoin well, buying Bitcoin at any price can make us profit. The most important thing is that after we buy Bitcoin, we can be patient holding Bitcoin until the price target we want is achieved, because after all the movement of Bitcoin tends to continue to rise. I cant blame out people on not to make immediate step on low price points specially if there are rumors and some sayings that the price might be dropping down as below as 10k which had been a common say when we are still approaching 20k price point on which some do really wait up for the opportunity on getting that low but we've seen the market didnt really get that low which does indicate that there's no such thing about being that predictable but still not an assurance that we wont really be moving that low since everything could really be a possibility and could really happen into this unpredictable market. Investment decisions will really be varying on someone analysis and preference most of the time.
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Rufsilf
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August 03, 2022, 11:50:33 PM |
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Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.
That's real, many people have the wrong entry because of their wrong market speculations. This is the reason why I don't encourage newcomers to think about the past and consider it as the basis when investing because the market had changed already, history never repeats itself and so the price. Thinking and waiting for $10k is just a waste of time as it has only a slim chance to happen. Seeing the price of Bitcoin plummet around 50% from its ATH, that sounds like a great opportunity to start with, in fact, if it drops again we can buy more, DCAing is very important.
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Sebas.tian
Full Member
Offline
Activity: 2198
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
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August 04, 2022, 06:22:01 AM |
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instead of guessing and making predictions avoid sitting on your hands and do nothing.
I have read a lot about crypto trading on the internet, lastly I found someone asking users who are engaged in successful crypto trading, not users who invest in crypto. Question: the person. What do you expect, if Bitcoin goes down to the level of $10k and what do you expect, if Bitcoin goes up to the level of $100k.....? The answer: simple. Bitcoin $10k or $100k is the same for us, we need to watch Bitcoin move every second/minute/hour and day, That's what we need to pay attention to properly, buying and selling methods that we have to learn, when to buy and when to sell Bitcoin. From the user's answer, I conclude, if we understand the Bitcoin trading system/science it is worth doing, $10k in my opinion for those who make long-term investments. Now that the price of Bitcoin is still low for anyone to buy and hold before it will hit $100,000 soon, because I don't think the price will decrease more than $19,000 before it will move higher in the market. Since professional investors prefer to invest a huge amount of money on Bitcoin when the price is low in the market, it show it will be more favourable for long term investors that will make use of the opportunity to buy and hold for a brighter future. I believe, this is the best time to invest and have something good to achieve soon, because the price of coins are preparing to increase for those that hold for a weeks or months to get ready to make a huge amount of income from their investment.
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Nrcewker
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August 04, 2022, 07:28:24 AM |
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It’s really hard to predict the future, so yes whenever possible I would say buy as many coins as you can. And when it is about Bitcoins then definitely just close the eyes and buy irrespective of what’s the price Bitcoins are currently at. We have already seen what are Bitcoins capable of. So if we greed for more profits, then definitely we will miss the golden or right chance to invest. IMO buying Bitcoins in less than 30k usd price will be really good for a long term.
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GreatArkansas
Legendary
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Activity: 2492
Merit: 1391
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August 04, 2022, 12:13:10 PM |
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instead of guessing and making predictions avoid sitting on your hands and do nothing.
I have read a lot about crypto trading on the internet, lastly I found someone asking users who are engaged in successful crypto trading, not users who invest in crypto. Question: the person. What do you expect, if Bitcoin goes down to the level of $10k and what do you expect, if Bitcoin goes up to the level of $100k.....? The answer: simple. Bitcoin $10k or $100k is the same for us, we need to watch Bitcoin move every second/minute/hour and day, That's what we need to pay attention to properly, buying and selling methods that we have to learn, when to buy and when to sell Bitcoin. From the user's answer, I conclude, if we understand the Bitcoin trading system/science it is worth doing, $10k in my opinion for those who make long-term investments. Now that the price of Bitcoin is still low for anyone to buy and hold before it will hit $100,000 soon, because I don't think the price will decrease more than $19,000 before it will move higher in the market. (.....) 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 $17,000 in just a short period of time, so everything is possible anytime.
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lovesmayfamilis
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August 04, 2022, 03:39:56 PM |
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Whatever we discuss here, everyone will have their own strategy, and whether it is right or not, we will find out in the future. Someone is waiting for a low price, but time shows that if he regularly invested despite the price, he would be in more profit than just waiting for a low price.
In fact, those who wait, seeing the rise or fall, may be very late. Bitcoin is unpredictable and we have seen it. Investing so much that you don't lose money, as well as making a plan for a certain amount of time, would be much more profitable than just regretting your doubts in the future.
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sulendra12
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August 04, 2022, 04:12:16 PM |
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Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ 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.
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