Alexandros Tziolisis (OP)
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September 04, 2022, 04:45:30 AM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
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Invester
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September 04, 2022, 05:22:46 AM |
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You have the wrong understanding fella!
Let's make this very plain and simple. Will you choose 10 pieces of Waves token over a 0.01 Bitcoin?
Let's break it down. 10 pieces of Waves token is only worth $46 whereas the 0.01 Bitcoin is worth $198.
Waves has 100 million coins circulating whereas Bitcoin only has 19 million in circulation.
In cryptocurrency, you have to understand its circulation and the maximum supply.
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TheUltraElite
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So anyway, I applied as a merit source :)
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September 04, 2022, 06:00:02 AM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
I believe you are trying to refer to the current bitcoin price drop. It is temporary like any other price change be it bear or bull. Of course bitcoin is easier to buy at the lower price but this should not induce stress in a trader. If you are getting stressed, you need to stop trading for a while. This is the time to buy and getting low prices should not force you to sell - something you need to practice before trading, otherwise you will make the mistake of selling at a loss. Also note that bitcoin has been having ups and downs since its launch. Check older charts and see for yourself. Observe the market for at least a few months before making your first trade.
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Mpamaegbu
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September 04, 2022, 06:13:50 AM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
Price fluctuations are a reflection of market dynamism. It's not dependent on a single factor or person. The dip you see today in Bitcoin price shouldn't in any way scare you into staying out. You should see it as another golden opportunity to get in cheap. There isn't any deadline. Waves has 100 million coins circulating whereas Bitcoin only has 19 million in circulation.
In cryptocurrency, you have to understand its circulation and the maximum supply.
What you tried to explain here is the Law of Demand and Supply, tilting it to a fact that the higher the supply the lower the price. However, it doesn't always work that way, especially in cryptos. There are tokens with less than 50,000 maximum supply, yet their unit prices aren't even up to $1,000.
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Kelvinid
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September 04, 2022, 11:48:25 PM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
It was really stressful if you will check the chart every day. Tried to skip sometimes and make a habit to think positive despite the downsides that might give you an easy life. You have to be aware of the dump and pump scenario as this is what the market it looks like. Because the more you've got affected by the price changes, the more it gives you stress. If you really trust Bitcoin and your investment, it is certain that you will never feel any worries and distractions.
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Wexnident
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September 05, 2022, 12:07:46 AM |
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People can freely buy Bitcoin though? I think the limit would be based on the platform you use, but people can buy Bitcoin, you don't need to buy exactly 1. Honestly what you see as a "small amount" is only because of the high price that Bitcoin has right now, but technically the percentage of profit you get would be the same as any other investor (though the amount wouldn't be since well, the amount invested is directly different). And additionally, dips are opportunities imo, especially for new investors.
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bestcoins1
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September 05, 2022, 01:50:05 AM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
Those who have reasoned by not buying Bitcoin in the past will also make another excuse at this time by saying Bitcoin still has the potential to decline so such a person will never buy Bitcoin ever. So there is no need to see and hear the reasons for such people as long as you yourself still have a strong stance to choose Bitcoin in the current condition. Do every job based on what you have researched and also make sure everything you do is based on the desires of your own heart, not from the minds of others.
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Fundamentals Of
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September 05, 2022, 02:02:30 AM |
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The crypto market is indeed stressful that's why you better shift to the Bitcoin market. The Bitcoin market is only stressful if you are looking at the short-term to medium-term price fluctuations. If you zoom it out, it isn't really stressful.
If you also easily get carried away by the bear season, you might get stressed. So you should be fully aware that any market goes through the usual bear and bull cycles. The bull is for taking profit and the bear for accumulation or stacking more.
If you are playing with Bitcoin's volatility, it's also a bit stressful so hodling is generally the better option. And don't worry, there's no deadline here. Just be patient. The market is not for those who are in a hurry.
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adaseb
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September 05, 2022, 03:23:27 AM |
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Many people don’t understand that you can buy partial bitcoins, you don’t need to buy an entire coin like a stock. So this is why many people invest in cheaper coins instead because most don’t have $20K of saving laying around.
And right now it’s a very choppy time to trade. It’s summer still and the liquidity is still low. Generally September is a bad month for stocks and crypto.
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ethereumhunter
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September 05, 2022, 06:28:42 AM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
It is wrong thinking because people can still buy bitcoins even if they don't have much money to buy 1 bitcoin. They can use the DCA strategy to buy bitcoins. So, for example, they have determined that every month they want to invest in bitcoin and their budget is around $50. They can just buy it and hold it and if they do it for a year, their number of bitcoins will increase, especially when the market is still like this. They will have a chance to collect more bitcoins. It depends on how the strategy you will use in investing in bitcoin.
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Baofeng
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September 05, 2022, 09:28:49 AM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
What do you mean expensive? it is still way below $20k right now, and if you look at the last all time high it is around $68k, So that is still a huge discount as of the current price. So are you going to wait till it goes down $10k or even lower? what if we didn't get to that price? Also you need to set your mindset, you can buy small portions of BTC and not necessary have to be 1 BTC right away, you can do dollar cost averaging if you want.
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Ziskinberg
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September 05, 2022, 11:45:53 AM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
I think those who really wanted to invest in Bitcoin will never just consider the price alone. Besides, it is not necessary to buy the whole 1 Bitcoin instantly, we can start accumulatingin a small amount instead. I'd never see it as an excuse but I rather think that these people really don't want to take risks and are still doubtful about Bitcoin. I don't want to assume but those who make a lot of excuses couldn't see a better view of the crypto market, they will find it stressful instead.
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m2017
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September 05, 2022, 05:29:51 PM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
I think those who really wanted to invest in Bitcoin will never just consider the price alone. Besides, it is not necessary to buy the whole 1 Bitcoin instantly, we can start accumulatingin a small amount instead. I'd never see it as an excuse but I rather think that these people really don't want to take risks and are still doubtful about Bitcoin. I don't want to assume but those who make a lot of excuses couldn't see a better view of the crypto market, they will find it stressful instead. Yes it is. Anyone who is interested in bitcoin for the first time and is determined to buy it in earnest, and doesn't talk about it in vain, buys as soon as he has such a financial opportunity. Such a bitcoiner will not wait for the right moment and a low price. Whole btc is not important to him and he will buy as much as he has enough money for. At least a whole bitcoin, at least a part. A stressful crypto market will not be an excuse for them to be inactive and will not stop them from pursuing their plans.
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sunsilk
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September 05, 2022, 09:51:23 PM |
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And now that the market has shown the price of bitcoin to be cheaper than before, those people that were problematic about its price as they say they're about to buy, are still waiting for some good time to buy.
Well, the market is truly stressful but they're those people that I've mentioned are the ones putting pressure and stress to themselves. They keep on waiting for the right timing but when it's there, they neglect it.
When the market recovers, they'll think that it may fall again until they miss the whole thing. The same thing goes for those that have seen bitcoin @ $3k.
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Vaskiy
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September 05, 2022, 10:13:17 PM |
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Unlike the price an user will buy bitcoin if his focus is to make it a complete bitcoin. If he isn't interested as well as doesn't have confidence over the cryptomarket, he/she'll find ways. One such is the indication that bitcoin is expensive. I too agree it, but we also have the access to buy for what is available with us.
Regrets are quite common with the cryptomarket. Maybe we'll see this happening with the people waiting for the price to drop, so that they can buy as a whole.
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serjent05
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September 05, 2022, 10:36:56 PM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
No, Bitcoin is still young and there will be still lots of development and adoption. If you think this would be the finished product of Bitcoin, then I think you should wait more time and you will see that this isn't a dropping deadline but rather just a starting line. And now that the market has shown the price of bitcoin to be cheaper than before, those people that were problematic about its price as they say they're about to buy, are still waiting for some good time to buy.
Well, the market is truly stressful but they're those people that I've mentioned are the ones putting pressure and stress to themselves. They keep on waiting for the right timing but when it's there, they neglect it.
When the market recovers, they'll think that it may fall again until they miss the whole thing. The same thing goes for those that have seen bitcoin @ $3k.
Well, we should be glad that there is a bear market for Bitcoin. If there is none then when how we find a window to re-enter the market.
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EdenHazard
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September 05, 2022, 10:55:50 PM |
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And now that the market has shown the price of bitcoin to be cheaper than before, those people that were problematic about its price as they say they're about to buy, are still waiting for some good time to buy.
Well, the market is truly stressful but they're those people that I've mentioned are the ones putting pressure and stress to themselves. They keep on waiting for the right timing but when it's there, they neglect it.
When the market recovers, they'll think that it may fall again until they miss the whole thing. The same thing goes for those that have seen bitcoin @ $3k.
The mt gox rumor become one of the biggest impact to the market uncertainity ... we were on bullish run few weeks ago , nearly touching the $25k and heading to $30k but shit just got real .. people scared to hold too much bitcoin when there might a massive sell off in the coming months .. which yeah it's still uncertain though. There might some people keep buying but yeah there a lot more who selling it right now.
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Scripture
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September 05, 2022, 10:57:21 PM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
Many can’t still decide if they are going to buy simply because they see a downward pattern which happened a few days ago, not all will buy at the peak price because many are waiting at the bottom price and that doesn’t mean don’t want to get Bitcoin. BTC is still on the early phase because for sure it can grow more, bear market might still on the market but I don’t see this to last longer.
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Vaculin
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September 05, 2022, 11:02:46 PM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
You only said that because the market is currently facing a bear market condition and that crypto prices are affected. But mate what you see is just temporary and when the market turns bullish, bitcoin price will be very high and will definitely reach a new all time high if there are consistent price increase. Thus everything in the crypto market will be very much interesting because bullish season also means huge amount of profits for us, particularly for long term bitcoin investors.
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Wiwo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 05, 2022, 11:15:53 PM |
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Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
You only said that because the market is currently facing a bear market condition and that crypto prices are affected. But mate what you see is just temporary and when the market turns bullish, bitcoin price will be very high and will definitely reach a new all time high if there are consistent price increase. Thus everything in the crypto market will be very much interesting because bullish season also means huge amount of profits for us, particularly for long-term bitcoin investors. Bitcoin is never too expensive for those who have the money and understanding of what Bitcoin is and how the market act at every period, the bear and bull market are both an essential attribute of the Bitcoin market, they are also the determinant components of the reflection of the behavior of the market. Bitcoin market condition is driven by the force of demand and supply and as a chain whatever market conditions we see are a reflection of the direction of the demand of the asset. Am very optimistic about the future of Bitcoin even though some people may feel that Bitcoin is failing on its promises of given x price this year but that was based on speculation which is sometimes wrong, the reality is different at this point since we are at a phase in Bitcoin market that gives many the chance to get in at a low price which is the best time to buy more Bitcoin. The cryptic market may look stressful to those who want quick gains but the long-term holders already have a settled mindset toward Bitcoin and they are ready to wait till their investment is mature enough before they take out the profits.
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