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Author Topic: Buy coins at 17k weeks ago could be the best time to buy  (Read 619 times)
Ketesnuko (OP)
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August 08, 2022, 12:10:07 PM
Merited by dragonvslinux (1)
 #1

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

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Beparanf
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August 08, 2022, 12:21:12 PM
 #2

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

This is about Bitcoin and not altcoin so you should move this on Bitcoin discussion board. Also provide the reference chart you are using for your conclusion about Bitcoin price movement for discussion purposes on your claim. Thread like this always popping out when Bitcoin make a short term rally and then fades away once sudden correction occur that erased the gain with just  a day.

Atleast show the magic chart that you are mentioning that didn’t lie. Use imgur.com to upload image and share the link here so that we can view it.

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August 08, 2022, 12:32:17 PM
Merited by Ketesnuko (1)
 #3

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.
It's likely that was the bottom and we have hit it already.

Can't blame those who have thought that there will be a little under $17k and that's why they've waited for it to see it that low. But, we've seen that bitcoin's recovering.

It is why DCA is still the best strategy.
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August 08, 2022, 01:31:33 PM
 #4

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.
Thats actually depends. Sometime we thought that the market is good but when chart shows a different trend, then we might end up losing on our position when a lot of traders positioned on the reversed one. I remember before, that the market is so bullish and suddenly drop then boom got liquidated on the process.

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August 08, 2022, 01:32:04 PM
 #5

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.
I hope so. It seems like that bitcoin was showing a good movement. The economic seems to be better and better. I hope that if we have reached the bottom and bitcoin will be going up even higher. There are only less than 1,9 millions bitcoin to be mined. I hope this will give a good impact to the bitcoin. Market is starting to be bullish again for now.

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crzy
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August 08, 2022, 09:38:34 PM
 #6

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.
This is a normal scenario the moment you are able to buy during the bear market, you can have a good profit when the bull market started and this is a reminder to us that we should not panic during bear market instead start to analyze and know when to buy. I was able to buy some altcoins as well during the panic moment in the market, I’m just waiting for them to follow the trend of Bitcoin now and rise as well.
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August 08, 2022, 09:49:15 PM
 #7

Well even though the thread is on the wrong board since the discussion border more on Bitcoin and this is an altcoin board, now if I may contribute my quota to this discussion then I must say sometimes the chart may go swing if the market forces change suddenly, I don't believe in market speculation most especially for Bitcoin that has an unstable market movement trusting chart of traders prediction is risky.


You may have been lucky to have filled your bag at 17k as mentioned but not everyone will be that lucky as you are already at gain since the price touched 24k today.
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August 08, 2022, 09:56:23 PM
 #8

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

Everyone is just speculating and no one is making any claims. You shouldn't treat the chart as a crystal ball that can tell you everything that is going to happen in the future in exactly the way you want, but rather as one of the references you can use to predict which direction the market will go in.
There has been an ongoing rally in the market, however, I am still waiting for a new low for this bear season.

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August 08, 2022, 10:08:02 PM
 #9

It takes a lot of risk to buy during the falling market, since we can’t know if its really the bottom or the price can still go that’s why we can’t blame anyone who are not able to on a bear market since we all have different risk tolerance.

Lucky to those who are brave enough to buy at that price which right now already have a good profit. Buying at a cheaper price is the basic rules in trading, and take profit when necessary. If you are able to buy at the price of $17k, its good to take profit now or you can take another risk and wait for the market to reach its peak for this trend.

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August 08, 2022, 10:39:15 PM
 #10

Did you buy bitcoin for 17k?, or just when you see a short-term bull run you come here and say everyone is lying to you. It doesn't matter what the price of bitcoin is, it only matters at what price you buy it and how much you can profit from it. Everyone has a different prediction and vision, it's good to see you do your own research, but don't blame others' predictions.

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August 08, 2022, 10:49:36 PM
 #11

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

Well that was BTC lowest low and maybe we have hit it already?

Nevertheless, I have said previously, $25-$28k should be the target first, whether this month or the next and say that we see at least a good run in the last quarter of the year.

There could be argument that no one knows what the lows will be, that's why it's better to do some DCA when buying BTC and then just HODL on it.

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August 08, 2022, 11:08:15 PM
 #12

~
First move this to BTC Discussion like Beparanf said.

Not all people believes in signals so I would not just trust all the signals blindly just because it says what it is in the charts. Just take the risk of buying it in its lowest and forget about it in about a month or two. That's what I usually do, unless you're day trading which is a matter of different discussion.
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August 08, 2022, 11:29:11 PM
 #13

~
First move this to BTC Discussion like Beparanf said.
It should be on the Speculation board since OP was trying to predict Bitcoin price using his own chart.  Similar to this thread, But OP here predicting in a bullish way and not in a bearish one.  If you are an investor waiting when the bear market comes like buying Bitcoin at the cheapest price in the lowest value of $10k, it seems that's unlikely to happen.  We didn't know it will happen since the price is unpredictable.

I suggest you buy Bitcoin in a DCA way so that you can minimize your losses/profit once there is.  Because there's no accurate prediction on Bitcoin price and those claiming who are good at predicting the market, are a true liars.

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August 08, 2022, 11:30:49 PM
 #14

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.
If it can clove above 24 and it will be very bullish for bitcoin or at least the chance to recover is slowly happening. People can't predict the chart accurately and what they can do to speculate based on what they know but mostly were making wrong prediction. that's why you shall not need to trust people about that. Their TA didn't have good accuracy. The market itself can answer about this. People can think about believing in theirselves rather than try to believe in others.
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August 08, 2022, 11:36:12 PM
 #15

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.
17k may be the lowest price of Bitcoin during this bearish era, so far. But, we don't know if there will be another dropped market price again or not before the next bullish era. This recent situation still cannot guarantee whether this time has been rising up into bullish era or not yet. This is still in the Q3 of this year.

I do agree with @jossiel
That is why we need DCA, we can utilize every drop market to buy and add more amount of BTC to our portfolio.
But here, if there are many people who still expect for more dropped BTC price under 17k is also not a fault. In fact, if that is really dropped again, just be calm and do DCA again, so if we can really meet or not meet the lowest one, at least, we have some nearby to prepare for the next bullish era.

R


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August 09, 2022, 01:38:42 AM
 #16

That's what I wanted to think though, that we have hit the bottom already, but it is? We still have more than a year of bear market, (assuming the 4 year cycle is still holding true), so there's a lot of things that can can happen between now and prior to the bitcoin halving.

So we will have to see if we have hit the floor or not. And in order to take advantage of the bear market, we should by in dips or as someone has advise, do dollar cost averaging.

R


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August 09, 2022, 01:45:07 AM
 #17

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.
As others have stated it would be nice if we could see the reasoning behind your analysis, it is not that you could not be right but you say this as if there was no room for argument and no possibility for you to make a mistake, something that any trader and investor which has a lot of experience will never believe, just as the price could go up it could go down, now maybe the chances it will go up are higher than the chances that it will go down, but there is no way you can predict this with a 100% accuracy.
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August 09, 2022, 03:36:48 AM
 #18

I thought that if we have missed another best opportunity to buy token and coin from the market. It seems like bitcoin is showing a good signal. i saw that if this positive impact was also coming from the stock market. So many stocks are also getting green pattern as for now crypto was following it.
Bitcoin needs to close above 23 to make 25k looks possible to happen. I hope that i can buy more bitcoin now but i have bought so many tokens until i have no money left. lol

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August 09, 2022, 04:27:20 AM
 #19

Wrong board, but anw if you don't want to risk anything by trying to min-max your profits to the absolute, just DCA imo. Especially when the market is down, if you haven't started DCA'ing then those spots are usually the best to start with since the risk would be a lot lower compared to starting DCA when the market was at its peak.

I honestly think we're just recovering from that huge dip but we probably aren't going anytime sooner to above $30k. Wouldn't surprise me if we went back to $20k by the end of the year, but imo we'd probably continue seeing this steady, maybe slow climb.

R


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August 09, 2022, 07:24:30 AM
 #20

Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

Yup, I also bought BNB 2 weeks ago and the value has now increased significantly. That's the reason why I buy in a bear market, because when the market is bullish we will get a profit of 1 times or even more.
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