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Author Topic: Buy coins at 17k weeks ago could be the best time to buy  (Read 619 times)
Baofeng
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August 10, 2022, 11:39:24 PM
 #41

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.
"YOUR CHART"? really? nostra damus?  lol any links towards that prediction? because if not then this is another misleading mate and please stop doing this.

Not because bitcoin increased  recently means we need to expect so much remember that this is still a Bullish year and considering that last year is a super bull year? then we are expecting dumping this year of 2022 .

It was going to 28k  Roll Eyes But we're still at 23k, what's wrong OP? You said your charts don't lie but people do, so did you lie to us?

Reading charts is like looking for a pattern where there's none or where there's more than one and you have to choose the one that fits your narrative, that's all.
It's impossible to make an accurate prediction when bitcoin depends on so many things like war in Ukraine, US FED rate hikes, inflation in Europe...

Unfortunately, it was a hard lessons for the OP to learn, of course, charts don't lie, but if you plot it wrong then the result will be wrong. And we all know that it is not accurate, and nothing is. It will be a good to at least learn how to do TA but don't rely on it as there are times that it will change and not be valid anymore. And currently we are still stuck on the $23k-$24k range pattern, and obviously, no $28k in the horizon. Of course, we wouldn't want $28k? but for now we need to wait, specially the CPI announcement, just a question if it will be positive or negative effect on all markets.

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August 11, 2022, 02:07:04 AM
 #42

the Title says it best, the word "COULD" is the key here mate, yeah this could be the best buy but this could also be now?

Price may go down low in the coming months who says it will be ?

Buy coins when you felt it is low , and enough for you to Hold long  and sell when you think price is high enough and this is how the market moves and go .

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August 11, 2022, 03:52:37 AM
 #43

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.
"YOUR CHART"? really? nostra damus?  lol any links towards that prediction? because if not then this is another misleading mate and please stop doing this.

Not because bitcoin increased  recently means we need to expect so much remember that this is still a Bullish year and considering that last year is a super bull year? then we are expecting dumping this year of 2022 .

It was going to 28k  Roll Eyes But we're still at 23k, what's wrong OP? You said your charts don't lie but people do, so did you lie to us?

Reading charts is like looking for a pattern where there's none or where there's more than one and you have to choose the one that fits your narrative, that's all.
It's impossible to make an accurate prediction when bitcoin depends on so many things like war in Ukraine, US FED rate hikes, inflation in Europe...

Yes, the graph doesn't lie, but the OP didn't take into account how the ongoing events would affect the chart, he ignored it. that's why people always say: bitcoin is unpredictable, all the information people give is just conjecture and reference and not a statement like OP.
If just looking at the chart could identify them all, perhaps all of us here would have no losers. Hope OP will learn from this time, naive guy.

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August 11, 2022, 06:02:44 AM
 #44

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.
"YOUR CHART"? really? nostra damus?  lol any links towards that prediction? because if not then this is another misleading mate and please stop doing this.

Not because bitcoin increased  recently means we need to expect so much remember that this is still a Bullish year and considering that last year is a super bull year? then we are expecting dumping this year of 2022 .

It was going to 28k  Roll Eyes But we're still at 23k, what's wrong OP? You said your charts don't lie but people do, so did you lie to us?

I think he means it is going to $28K, not was. Did he say it was going there within a few days? Price was still at $23K at the time of your posting because it was consolidating at support. While the OP hasn't revealed a chart to back up their claims, then it's what a lot of people are seeing right now: no resistance until $28K to $30K levels if $25K is broken to the upside. This doesn't mean it'll get there in a straight line, probably continuing the higher highs and higher lows trajectory price has already followed so far from around $20K. The OP is just pointing out how many remain bearish while price action, short to mid-term, has turned bullish.

For example based on moving averages alone (which are very lagging indicators), price on the 4hr is fully bullish. On the daily chart it's mid-term bullish (above both short and mid-term MAs). On the weekly chart 200 WMA at $23K is being confirmed as support for the third consecutive week now, despite many expecting (wrongly) that price would get rejected there as it fell below for a few weeks. I'm not even saying that price will definitely get to $28K, simply that it seems more likely than further downside right now, as there is a big volume gap between $24K and $28K while $20K to $22K has become srtrong support.


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August 11, 2022, 02:47:55 PM
 #45

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.
BNB and ETH have a huge rebound compared to BTC since the BTC was at $17k. I'd understand ETH cause it has the ETH PoS incoming, investors rush to buy more of it and drive up the price. I don't know about the BNB case. Why did it rebound back to $330? This is the same level as BTC @$30k, before the crash to $17k, mind you.

Honestly I also don't really know why BNB went up so significantly lol. But I have always believed in BNB and have regularly invested in this token because BNB is backed by the exchange and its creators who seem to really care about crypto developments, so it seems very good to invest in this token.
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August 11, 2022, 03:05:48 PM
 #46


While you can't be sure if the price will dip again to $17K for you to be able to start at the bottom. I guess waiting for the price to bottom at 4hour chart later will do.

One option I'm also looking forward to happen is that it will be overbought soon at DAILY chart which you COULD get a timely chance when it dips. $22K buy price will still be great.

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August 12, 2022, 01:46:08 AM
 #47

the Title says it best, the word "COULD" is the key here mate, yeah this could be the best buy but this could also be now?

Price may go down low in the coming months who says it will be ?

Buy coins when you felt it is low , and enough for you to Hold long  and sell when you think price is high enough and this is how the market moves and go .
Trying to find the absolute bottom is always a bad idea, many traders are always looking for it but that is completely unnecessary, the markets do not require such a high precision to make profits, to me this has to do with the greed of the traders themselves, as they want to maximize their profits as much as they can, and while understandable at the same time this leads them to wait too much before entering the market causing them to miss many chances to buy bitcoin for a good price, and sometimes this even causes them to miss full bull runs.
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August 12, 2022, 03:06:44 AM
 #48

You're right. Charts don't lie, but only in terms of what happened in the past, not on what will happen in the future. That is why there are all kinds of opposing and contrasting chart analyses. It is because chart analysts don't share the same way of looking at different possibilities suggested by charts.

Technical analyses coming from the same chart are different from one another. Some are bullish, some are bearish. Some predict a rise, some predict a fall. Some called for the bottom, some expected more correction.
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August 12, 2022, 04:40:24 AM
 #49

Honestly I also don't really know why BNB went up so significantly lol. But I have always believed in BNB and have regularly invested in this token because BNB is backed by the exchange and its creators who seem to really care about crypto developments, so it seems very good to invest in this token.
For me BNB is another option besides Bitcoin because BNB can also still fall when Bitcoin is not moving upwards, although the support from the creators and the BNB exchange itself is always much greater. But I always put it on the second choice when I want to buy for investment and also trading.
BNB is good, but to me Bitcoin has always been much better.

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August 12, 2022, 06:40:57 AM
 #50

Quote
the Title says it best, the word "COULD" is the key here mate, yeah this could be the best buy but this could also be now?

Price may go down low in the coming months who says it will be ?

Buy coins when you felt it is low , and enough for you to Hold long  and sell when you think price is high enough and this is how the market moves and go .

I agree with you, because buy coins when the price is low like the way it is right now will really help someone to have a great hope in the future. Now that we are still in the bearish season, many people are still buying coins in the market because they feel it's the best time for them to prepare ahead for a bright future, which is the best time for everyone to use this opportunity to buy coins and hold for the price to increase higher before he or she can sell to make a passive incomes from the market. I think, many investors will get it right this time to buy coins whenever the price is low in the market and hold for the price to change positive.

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August 12, 2022, 06:50:34 AM
 #51

the Title says it best, the word "COULD" is the key here mate, yeah this could be the best buy but this could also be now?

Price may go down low in the coming months who says it will be ?

Buy coins when you felt it is low , and enough for you to Hold long  and sell when you think price is high enough and this is how the market moves and go .
Trying to find the absolute bottom is always a bad idea, many traders are always looking for it but that is completely unnecessary, the markets do not require such a high precision to make profits, to me this has to do with the greed of the traders themselves, as they want to maximize their profits as much as they can, and while understandable at the same time this leads them to wait too much before entering the market causing them to miss many chances to buy bitcoin for a good price, and sometimes this even causes them to miss full bull runs.

It all comes from greed, always wanting to buy the lowest and sell the highest, but clearly no one can distinguish which is the last bottom and which is the highest peak. This not only wastes our time, but also causes us to miss a lot of cheap buying opportunities.

Many people wait for the price to drop to want to buy, but when the price rises again, they buy it immediately because they are afraid that the market will rise again. they bought at a higher price while they could get a better price if they used DCA instead of waiting.



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Rainbot
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August 12, 2022, 09:21:33 AM
 #52

Honestly I also don't really know why BNB went up so significantly lol. But I have always believed in BNB and have regularly invested in this token because BNB is backed by the exchange and its creators who seem to really care about crypto developments, so it seems very good to invest in this token.
For me BNB is another option besides Bitcoin because BNB can also still fall when Bitcoin is not moving upwards, although the support from the creators and the BNB exchange itself is always much greater. But I always put it on the second choice when I want to buy for investment and also trading.
BNB is good, but to me Bitcoin has always been much better.
BNB is an alternative to investing in BTC and ETH and I see the potential for BNB to continue to grow still wide open and yes, with the support of the exchange, BNB can maintain its position in the market.
In addition, we can also stake BNB on Binance so that it can provide more amount of BNB while we wait for the price to increase again.
But BTC is still the main investment for many who would love to buy more bitcoins at low prices.
So if you see the price drop sharply, don't forget to buy it and keep it for a while.

Inspiron14
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August 12, 2022, 04:15:10 PM
 #53

Honestly I also don't really know why BNB went up so significantly lol. But I have always believed in BNB and have regularly invested in this token because BNB is backed by the exchange and its creators who seem to really care about crypto developments, so it seems very good to invest in this token.
For me BNB is another option besides Bitcoin because BNB can also still fall when Bitcoin is not moving upwards, although the support from the creators and the BNB exchange itself is always much greater. But I always put it on the second choice when I want to buy for investment and also trading.
BNB is good, but to me Bitcoin has always been much better.
it could be, because the price of Bitcoin has plunged to $17.7k and now it has increased by more than 30%,
and maybe it will continue, what we can do if we buy it at a low price, of course Hold until the maximum target!,
and don't forget put a stop lose to reduce losses, don't be greedy!

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August 12, 2022, 04:44:17 PM
 #54

Indeed, lately bitcoin price movements have started to move in a better direction than before. I am optimistic that the next price target in the $27k-$28k range will be achieved in the near future, especially now that bitcoin prices are trading in the $24k-$25k range.

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August 13, 2022, 04:55:15 PM
 #55

Indeed, lately bitcoin price movements have started to move in a better direction than before. I am optimistic that the next price target in the $27k-$28k range will be achieved in the near future, especially now that bitcoin prices are trading in the $24k-$25k range.
yes, hopefully $28k can be reached and hopefully can breakout from $30k, and if the breakout is bearish, it's over.
But now it's still above $23k, of course it's still safe, if it's below $20k, my advice is to sell it and go higher below $20k again.

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August 13, 2022, 09:13:26 PM
 #56

For your well-being, always look away from the chart because in most cases and reality the chart never determines the direction the price will go, if you followed the chart closely from last week you will discover that the current price is below the chart's indication and review. So if you are so lucky to have bought Bitcoin at the 17k level then by now you should already be in profits and ready to take in the gains unless you are in for the long-term holding.
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August 15, 2022, 06:30:49 AM
 #57

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.

The graph really provides reliable data and predictions, unfortunately when it happens bearish then we always think of waiting for prices to continue to fall, the lowest price I have bought is $ 21k, if the price drops again to $ 22k then I will buy again, I always optimistic that in 2022 the price will return to $ 40k

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August 15, 2022, 06:52:18 AM
 #58

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.
your chart? which chart was that? meaning you are a analyst ? you can predict the price of Bitcoin? it cannot even stay strong at 25k but you are predicting 27-28k ?

and 10k for others? i believe that what most expected is that the price will drop to 13k and not that 13k.

For your well-being, always look away from the chart because in most cases and reality the chart never determines the direction the price will go, if you followed the chart closely from last week you will discover that the current price is below the chart's indication and review. So if you are so lucky to have bought Bitcoin at the 17k level then by now you should already be in profits and ready to take in the gains unless you are in for the long-term holding.
it can go sideways , so what we expect is mostly what is not coming so better be ready to different outcome.









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August 15, 2022, 11:26:48 AM
 #59

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.
Absolutely and perhaps, we are not even sure that Bitcoin will reach back down to $10k and it was a waste of time waiting for it. Waiting for the bottom price is like we are hoping for nothing. Because in the first place, why do we have to wait for that even buying at the current price today will still give us a profit once the market turns bearish again. I might be wrong but this kind of mindset (waiting for the dip) is not the most recommended and we ended up missing the chance while wasting time.

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August 18, 2022, 05:16:54 PM
 #60

After a few months ago bitcoin experienced a very deep price decline, now bitcoin is able to rise and the price is currently in the $24k–$23k area. Therefore I am optimistic that if the current price increase continues then the closest area of $27k– $28k will be reached in the near future. Well, while the price of bitcoin is still low, we can take advantage of the current momentum to buy so that we don't lose the opportunity to make profits when the price of bitcoin rises significantly later.
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