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Author Topic: Why speculate when you can be at peace with Bitcoin  (Read 1102 times)
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October 10, 2022, 02:50:35 PM
Merited by fillippone (2)
 #1

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

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Piesel
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October 10, 2022, 04:48:13 PM
 #2

In as much as speculations may lead to forms and all other sorts of negative vibes within the community, but in the other way around the traders also base their decisions on market speculation and chart analysis, even though the steel hands holders prefer looking away from the chart but speculations are also a very good market tool most especially on digital assets that it the price is volatile such as Bitcoin.

Ops you need to differentiate between the various aspect that makes up the market.
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October 10, 2022, 08:49:09 PM
 #3

One of the things I hate most is speculations
Speculation makes us excited to hold Bitcoin even though it is in a bearish state. This will convince us that Bitcoin will reach a high price. This is part of the motivation. But if it's too much, of course it will make us lose control of the asset. I think a lot of things are positive about Bitcoin speculation or speculating about anything.
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October 10, 2022, 09:29:03 PM
 #4

One of the things I hate most is speculations
Speculation makes us excited to hold Bitcoin even though it is in a bearish state. This will convince us that Bitcoin will reach a high price. This is part of the motivation. But if it's too much, of course it will make us lose control of the asset. I think a lot of things are positive about Bitcoin speculation or speculating about anything.
Well, speculations are just a normal thing in an unpredictable crypto market but if you are trying to invest relying completely from pure speculations, I’m afraid you’ll never end up making profits as it’s best to DYOR first and gain sufficient knowledge and skills for you to end up in a reliable decision that will make you profitable in the end.

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October 10, 2022, 09:49:30 PM
 #5

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
Cant really be that avoided on not to mind about the price of Bitcoin on which it would really be that normal that you would really be that minding on getting the lowest possible price as possible since you do know

that you could really make more profits if you do get in on the right time compared when you are in peak but since you are really going for long term then this wont really be that an issue.

It all depends on someones perception because not all would really be that confident when it comes to investing even with Bitcoin.So its a personal choice which coins/projects
you would be sticking in to.

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October 10, 2022, 09:50:57 PM
 #6

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
Then whether at this time you already like the name "speculation"? so it has created a topic that can be discussed in the "speculation" section. If I may know, what really makes you hate speculation. Because when it comes to price entry issues in the market, I think it's a very common thing for everyone who works as a trader, investor and the like, so there is definitely a price entry thing to get a profit.
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October 10, 2022, 09:52:54 PM
 #7

Having your own analysis can be considered as a speculation so I think it’s very normal for a trader and investor to speculate the price no matter how good the coin is.

Yes Bitcoin will continue to rise in the long run but if you want to be more profitable, I suggest to continue speculate the price and know when is the best time to buy instead of relying to the news alone which I think is not a good mindset for an investor.
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October 10, 2022, 10:02:52 PM
 #8

Having your own analysis can be considered as a speculation so I think it’s very normal for a trader and investor to speculate the price no matter how good the coin is.

Yes Bitcoin will continue to rise in the long run but if you want to be more profitable, I suggest to continue speculate the price and know when is the best time to buy instead of relying to the news alone which I think is not a good mindset for an investor.

That is what many people failed to understand.  The cryptocurrency industry by its nature is purely speculative and there's no hoe you will be in the industry that you don't speculate in one way or the other. No one knows where the bottom will be, as a matter of fact we don't know what price bitcoin will be at on 15th November, 2022. The only way out is to continue to speculate. And people whose speculations are more accurate rules the industry.

So, it is high time we began to deal with speculation, FUD, FOMO etc because they are part of the cryptocurrency industry and they will remain with it as long as it exists.

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October 10, 2022, 11:48:42 PM
 #9

Some people view market fluctuations as an opportunity to make money in a few clicks. Who doesn't dream of simply buying low and selling high instead of going to a 9-5 job? And there's a widespread perception that with some "skill" you can do just that. These people tolerate the stress of losing their money, because they believe that they are making the right move.

But generally it's smarter to ride the long trend, have your positions last for years and make a trade after some fundamental shift.

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October 10, 2022, 11:59:11 PM
 #10

It's always a wise choice if you store the value of Bitcoin and yeah, it's definitely peace of mind.
Considering the potential of making money while holding it in a long term, the problem is, are you willing to wait until that time when there's a new ATH come when there's no specific date when it will occur?

Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
Well exactly right, as long as you have full control over your key, your Bitcoin holding is fine.  No third party involved, no tax, and anytime you want you can cash it out.

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October 11, 2022, 02:00:02 AM
 #11

We all know that's easier said than done. Sure you can be at peace with Bitcoin, no doubt about it, we all are, but can you be at peace with regard to its price? Many are solid with Bitcoin but a day, an hour, or is it even a minute, doesn't pass when they don't check on Bitcoin's price. I myself don't care much about its price anymore but I can't help it, I am always drawn to check on it every now and then.

I don't even have an entry order. But it's really difficult not to speculate about Bitcoin, a currency that has turned into a speculative asset.
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October 11, 2022, 02:40:07 AM
 #12

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Trying to find an entry price is a kind of speculation actually. Some of us are just using indicators to find that entry point. But it's all the same. Finding the right entry however is the most difficult. People see what they wanna see and sometimes they think it's the bottom already but it's still not because it keeps dipping.





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October 11, 2022, 04:33:55 AM
 #13

Having your own analysis can be considered as speculation so I think it’s very normal for a trader and investor to speculate on the price no matter how good the coin is.
You are right, there is no way we can do away with speculation no matter the terms we choose to use for it because making a decision on what coin to hold and the ones to leave out of the bag is a speculating process, so it doesn't mean speculation is only limited to the market analysis from other players or experts in the market.

So speculation is a part of our crypto currency life we must speculate at whatever point to come up with a better decision,  but for long-term holders that can look away from the day-to-day Bitcoin market discussion, they may have some peace of mind that doesn't mean they don't speculate, they do.
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October 11, 2022, 05:55:17 AM
 #14

Having your own analysis can be considered as speculation so I think it’s very normal for a trader and investor to speculate on the price no matter how good the coin is.
You are right, there is no way we can do away with speculation no matter the terms we choose to use for it because making a decision on what coin to hold and the ones to leave out of the bag is a speculating process, so it doesn't mean speculation is only limited to the market analysis from other players or experts in the market.

So speculation is a part of our crypto currency life we must speculate at whatever point to come up with a better decision,  but for long-term holders that can look away from the day-to-day Bitcoin market discussion, they may have some peace of mind that doesn't mean they don't speculate, they do.

Since I have been watching this market for the last few months, I have learned that it is necessary to have strong nerves to avoid speculation. It is time to start making assumptions and to join the crowd of people who have made money from this market by making speculations. It's better to do some research yourself rather than rely on other people's information. The Bitcoin market is still on very strong ground, and with the US economy turning, the dollar will depreciate, so investing in Bitcoin is a sound investment.

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October 11, 2022, 09:30:38 AM
 #15

Actually you're explain about security, not about price.

Obviously Bitcoin has very high security and it's almost impossible to hack Bitcoin, unlike banks who have poor security and would do any censorship when the regulations force them to do.

If we talking about price, Bitcoin right now can't go up than $21K for the past few months and people who bought Bitcoin at previous ATH aren't happy. They're waiting when Bitcoin make new ATH, so they can make profit. That's why they're speculating the price every day.

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October 11, 2022, 10:33:37 AM
 #16

Bitcoin is not guaranteed even if its the top coin, in fact it’s very volatile and it’s too risky if you didn’t speculate you might lose some opportunity either to sell or to buy. Speculating is very normal, as long as you didn’t guess that speculation. We always look at the future and looking at other project, speculation is a big help. Have a strategy that can work for you, it’s not easy to depend on just speculation though it should be came from a good strategy.

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October 11, 2022, 10:38:31 AM
 #17

Most speculators are at peace with bitcoin, it's just that when you're not doing anything it gets boring so they speculate to pass the time, nothing wrong with it though as it can be seed to cultivate a meaningful conversation with other people.
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October 11, 2022, 10:56:39 AM
 #18

Sincerely bitcoin speculation seems like its perception to me. Although it is Bitcoin and everyone knows it has a future ahead but people can't just help to have it back at a green color most especially new investors that just bought it maybe at high price or low price. As human they just want some profits that comes from it even as it offers more than that. People that I think that actually are at peace with and don't speculate are the early investors who are used to the market movement and they are at peace with it or rather have left the coins there as long time investment

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October 11, 2022, 11:03:42 AM
 #19

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

You cannot have a peace by just buying it then seeing how the market falls especially when we are on bearish season. We see how many people crying now seeing how their investment got burned due to unforseen circumstances and that leads them to a total financial lose, so you need to speculate so that you will have doubts upon buying at whatever price you like and you would provably research more for what price is the ideal phase to enter.

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October 11, 2022, 07:54:56 PM
 #20

One of the things I hate most is speculations
Speculation makes us excited to hold Bitcoin even though it is in a bearish state. This will convince us that Bitcoin will reach a high price. This is part of the motivation. But if it's too much, of course it will make us lose control of the asset. I think a lot of things are positive about Bitcoin speculation or speculating about anything.
Speculations may help us in some ways positively but if we also rely completely in speculations, it can also lead us into wrong decision making that will eventually ruin our investments. However, with bitcoin, we know it’s always bound for more positive news for price growth, but knowing bitcoin is still a volatile asset which makes it still risky, then we should always DYOR before jumping into conclusion to avoid unwanted losses in the end.
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October 11, 2022, 09:16:49 PM
 #21

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Yes, we don't want to complicate things isn't it? But there are traders or speculators who want's to play in this game though, because for them this is like a game and if you are very competitive you are going to be up to the challenge study the volatility as per TA and then make your own speculations as to where the price will move, anticipate and then make money.  And so that is the most important for them, the end result, profits.

R


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October 11, 2022, 09:59:44 PM
 #22

Some people view market fluctuations as an opportunity to make money in a few clicks. Who doesn't dream of simply buying low and selling high instead of going to a 9-5 job? And there's a widespread perception that with some "skill" you can do just that. These people tolerate the stress of losing their money, because they believe that they are making the right move.

But generally it's smarter to ride the long trend, have your positions last for years and make a trade after some fundamental shift.
Just go along with the trend and you will never be wrong. If you think that the market condition is the right timing to buy or sell, then go for it. After all, you will learn from the consequences of your own action. However, it’s even a wiser decision if you can develop and manage your own strategy and create a good position in the market, that way you will have more chances to create even small but consistent profits.
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October 11, 2022, 10:26:24 PM
 #23

Some people view market fluctuations as an opportunity to make money in a few clicks. Who doesn't dream of simply buying low and selling high instead of going to a 9-5 job? And there's a widespread perception that with some "skill" you can do just that. These people tolerate the stress of losing their money, because they believe that they are making the right move.

But generally it's smarter to ride the long trend, have your positions last for years and make a trade after some fundamental shift.
Just go along with the trend and you will never be wrong. If you think that the market condition is the right timing to buy or sell, then go for it. After all, you will learn from the consequences of your own action. However, it’s even a wiser decision if you can develop and manage your own strategy and create a good position in the market, that way you will have more chances to create even small but consistent profits.
You wouldnt really be that dumb to make out some buying decisions when the price is pumping or the entire market is on bullish.You are definitely making yourself be high prone into losing money since market could

really make out some corrections but if you do go for long term then any price would do and just like the rest been saying that it would really be that impossible that you wont really be looking for lowest price as

possible and this is what people been mostly be eyeing on.People cant really just limit out theirselves on just with BItcoin only thats why they would be tending to diversify
on altcoins as well.
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October 11, 2022, 10:40:08 PM
 #24

.... I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Buying BTC and sitting on it for a long time is still speculating isn't it? It's a less stressful method but you just don't hold without the future benefit in mind. I mean you may not be thinking of the price on a short-term basis but you are expecting the price would continue to go up long-term.

R


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October 12, 2022, 02:30:15 AM
 #25

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
What you are saying makes sense, but you are an investor at heart which is why you see things in this way, but speculators do not want the same as you, they want profits and they want to obtain them now and to not have to wait for months or even years for those profits to be reflected in their balance, so they are always trying to find the best entry point they can possible find so once the market reverses its current trend they can make profits.
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October 12, 2022, 07:11:40 AM
 #26

People have a different strategy and plan for their investment. I know people who earned a lot of money by using the speculation of crypto. Actually, it is up to the person who wants to make strategies based on their goal and market conditions and try to execute them in a different circumstances. There are plenty of opportunity in the market so it is wise to stick with your own methods and wait for it to work.

In terms of crypto investment, it is not recommended to use other people's methods if someone already has their own method of carrying out their investments. Because there are so many other people's methods that may not be very suitable for someone, so choosing to run crypto investments with your own method is a better thing and that I think is highly recommended even though everyone also needs better advice from others.

But in this case I think not all suggestions can also be used by someone if he wants to focus on investing in crypto for the long term, because he must be able to consider profitable suggestions and also what he needs. So a person must be able to assess every suggestion that comes to him so that he can choose the best advice from the many suggestions that he receives.

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October 12, 2022, 07:57:00 AM
 #27

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
Speculation can be an instrument in investing. With the speculations that we make, we can spur the ability to think to analyze market opportunities and challenges even though it will not happen 100%. For example, some exchanges delete and stop crypto assets that are considered not to meet the standards for trading.

By making speculations based on events that have happened, it makes it easier for us to track what coins are suitable for investing. In my opinion, Bitcoin remains the main choice because it is very easy. Simply buy and hold until it reaches the desired target.

R


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October 12, 2022, 12:19:56 PM
 #28

I think it's because we can't know the bottom price for bitcoin and can only guess it.
Most people will buy at a price below and will buy again if the price drops again.
You can let the price drop and not buy it again if you think you are still waiting for another price bottom.
I guess that's enough to keep you waiting for the price to increase again without making another purchase when the price hits another bottom.
The important thing is that once you have bought a certain amount of satoshi, you are better off leaving the market and coming back a few days or weeks later.
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October 12, 2022, 09:23:53 PM
 #29

Bitcoin is a speculative asset and if you don't like to speculate, it's okay. But the others can't be stopped by speculating the price of bitcoin because that's normal on it. It's true that we're at peace if we hold bitcoin because out of all the cryptos out there, this is what dictates the entire market for crypto. There's a safer thought of holding bitcoin and having it seated for a long time  without worries because we know at the end of it, there will be an increase value of it due to its nature which includes the halving.

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October 12, 2022, 09:40:44 PM
 #30

Bitcoin is a speculative asset and if you don't like to speculate, it's okay. But the others can't be stopped by speculating the price of bitcoin because that's normal on it. It's true that we're at peace if we hold bitcoin because out of all the cryptos out there, this is what dictates the entire market for crypto. There's a safer thought of holding bitcoin and having it seated for a long time  without worries because we know at the end of it, there will be an increase value of it due to its nature which includes the halving.
Bitcoin seems to be the safest coin for long term but then again, anything can happen so I suggest to hold wisely and always have a target price to take profit. This is a speculative market, we speculate the risk and future trend and this is very common and normal scenario on any market. We can’t speculate if the coin is very stagnant or if its a stablecoin, Bitcoin is very volatile and speculation is the normal strategy to catch up the trend. Many still believe on someones speculation by analyzing it on their own, that’s a more wise thing to do so you can win in this market.

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October 12, 2022, 10:22:02 PM
 #31

Bitcoin is a speculative asset and if you don't like to speculate, it's okay. But the others can't be stopped by speculating the price of bitcoin because that's normal on it. It's true that we're at peace if we hold bitcoin because out of all the cryptos out there, this is what dictates the entire market for crypto. There's a safer thought of holding bitcoin and having it seated for a long time  without worries because we know at the end of it, there will be an increase value of it due to its nature which includes the halving.
Bitcoin seems to be the safest coin for long term but then again, anything can happen so I suggest to hold wisely and always have a target price to take profit. This is a speculative market, we speculate the risk and future trend and this is very common and normal scenario on any market. We can’t speculate if the coin is very stagnant or if its a stablecoin, Bitcoin is very volatile and speculation is the normal strategy to catch up the trend. Many still believe on someones speculation by analyzing it on their own, that’s a more wise thing to do so you can win in this market.
We all have that price target until when we're going to sell. That's how we're going to proceed in the future and in the hopes of holding it until that day comes.
Holding is a patience game and those that can't take it anymore will have to sell at losses if they have to or if they're at profit, they will never know if they've maxed it out.

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..CASINO....SPORTS....RACING..
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Hamphser
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October 12, 2022, 10:28:55 PM
 #32

Bitcoin is a speculative asset and if you don't like to speculate, it's okay. But the others can't be stopped by speculating the price of bitcoin because that's normal on it. It's true that we're at peace if we hold bitcoin because out of all the cryptos out there, this is what dictates the entire market for crypto. There's a safer thought of holding bitcoin and having it seated for a long time  without worries because we know at the end of it, there will be an increase value of it due to its nature which includes the halving.
Bitcoin seems to be the safest coin for long term but then again, anything can happen so I suggest to hold wisely and always have a target price to take profit. This is a speculative market, we speculate the risk and future trend and this is very common and normal scenario on any market. We can’t speculate if the coin is very stagnant or if its a stablecoin, Bitcoin is very volatile and speculation is the normal strategy to catch up the trend. Many still believe on someones speculation by analyzing it on their own, that’s a more wise thing to do so you can win in this market.
We all have that price target until when we're going to sell. That's how we're going to proceed in the future and in the hopes of holding it until that day comes.
Holding is a patience game and those that can't take it anymore will have to sell at losses if they have to or if they're at profit, they will never know if they've maxed it out.
We've seen the condition into those people who had hold for a very long time specially into those early adopters which they had been rewarded that much considering that the value had risen up that high.

When you are just going for long term with Bitcoin then its true that you should really be at peace on whatever price you might able to buy in but just like on what others been saying that you would really be longing

for the cheapest price for you to utilize the profits you would make but those are just for short term span of time but if you are really that holding for decades
then you wont really be stressing yourself out.

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October 12, 2022, 11:28:55 PM
 #33

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Yes, we don't want to complicate things isn't it? But there are traders or speculators who want's to play in this game though, because for them this is like a game and if you are very competitive you are going to be up to the challenge study the volatility as per TA and then make your own speculations as to where the price will move, anticipate and then make money.  And so that is the most important for them, the end result, profits.
Just like how they manipulate the price, right? Those are whales playing this speculation game because the more they manipulate the price the more will flip and the result will always be a profit for them. That's why Bitcoin price is always unpredictable because of its high volatility.

Speculators are always present in this market since they are the ones that would like to change the outcome of the market by creating such pressure through the News.

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October 13, 2022, 03:11:21 AM
 #34

What most people are doing now is trying to buy at the lowest price possible. Why buy one coin at $20000 when you can buy 2 at $10000 if it gets down there. Since we all know eventually it’ll retest the ATH or $50K area in the near future.

The issue with this is that when the bottom hits. People will either be too scared to buy or they will have given up crypto all together due to boredom.

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October 13, 2022, 04:10:07 AM
 #35

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
that is a good mindset but are really believing in that possible entry that can bring you profit for long term? as the value of bitcoin is fluctuating  mostly and just in Bull run that the price comes high from our expectations.
Quote
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
but we cannot maintain that word alternative currency anytime because once the price drops so low? then you may consider not spending or using it for time being..

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October 13, 2022, 04:31:47 AM
 #36

Everyone hopes to get the lowest price to buy bitcoins and not to worry about the decline anymore. But the problem is if they keep waiting until the price hits bottom, they can miss buying it because we don't know when bitcoin will hit bottom. We can only keep trying to buy while hoping it is the lowest price.

Sometimes, if the market trend is down, I try to put in a price that may have a difference of up to $1k. For example, the price is now at $19k. Maybe I can place a buy order at $18k or $18,500 and let it fill itself up. But if it doesn't come down to that price, maybe I'll just leave it at that. It's not a big order anyway.

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October 13, 2022, 05:50:02 AM
 #37

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well.  We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.
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October 13, 2022, 08:29:54 AM
 #38

We all have that price target until when we're going to sell. That's how we're going to proceed in the future and in the hopes of holding it until that day comes.
Holding is a patience game and those that can't take it anymore will have to sell at losses if they have to or if they're at profit, they will never know if they've maxed it out.
We've seen the condition into those people who had hold for a very long time specially into those early adopters which they had been rewarded that much considering that the value had risen up that high.

When you are just going for long term with Bitcoin then its true that you should really be at peace on whatever price you might able to buy in but just like on what others been saying that you would really be longing

for the cheapest price for you to utilize the profits you would make but those are just for short term span of time but if you are really that holding for decades
then you wont really be stressing yourself out.
It is a decision that the early holders will never regret because it's been rewarding for them. And on the other hand, those that have bought at the top and held, are only hoping to recover because they're down at these times.
But as they hold on, they should look at the other opportunities that are in front of them instead of thinking to recover. Because no matter what they do, recovery time will come and it's going to be shown if they're patient enough to see it.

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Dave1
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October 13, 2022, 11:13:38 AM
 #39

We all have that price target until when we're going to sell. That's how we're going to proceed in the future and in the hopes of holding it until that day comes.
Holding is a patience game and those that can't take it anymore will have to sell at losses if they have to or if they're at profit, they will never know if they've maxed it out.
We've seen the condition into those people who had hold for a very long time specially into those early adopters which they had been rewarded that much considering that the value had risen up that high.

When you are just going for long term with Bitcoin then its true that you should really be at peace on whatever price you might able to buy in but just like on what others been saying that you would really be longing

for the cheapest price for you to utilize the profits you would make but those are just for short term span of time but if you are really that holding for decades
then you wont really be stressing yourself out.
It is a decision that the early holders will never regret because it's been rewarding for them. And on the other hand, those that have bought at the top and held, are only hoping to recover because they're down at these times.
But as they hold on, they should look at the other opportunities that are in front of them instead of thinking to recover. Because no matter what they do, recovery time will come and it's going to be shown if they're patient enough to see it.

Yeah and that is the beauty of crypto though, because there is a good chance that you can recover from the 'paper loses' you suffer. You can also lose if you don't sell at a lost, almost remember that. So even if you see your wallet value going down, it's doesn't mean you really lost that money. But if you continue to just hold and take every opportunity to accumulate then at certain point you will make profits guaranteed.

R


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October 13, 2022, 06:47:20 PM
 #40

Everyone hopes to get the lowest price to buy bitcoins and not to worry about the decline anymore. But the problem is if they keep waiting until the price hits bottom, they can miss buying it because we don't know when bitcoin will hit bottom. We can only keep trying to buy while hoping it is the lowest price.

That is purely the problem. Many people wish they can buy the bottom and not bother about the price anymore but the irony of the matter is that no one knows the bottom, it could be that we are right in the bottom at 18000 to 19000 dollars. Considering the all-time high of Bitcoin, it is right to say that we are at the bottom region and anyone who is serious to purchase bitcoin should at this time do it . Imagine that in  few years coming bitcoin can make another all-time high to surpass $70,000. That will be massive profit for anyone that buys now.

I take it that anyone speculating further to buy at any other bottom is not serious to get bitcoin, either you by now at once or you by using dollar cost averaging  at intervals.

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October 13, 2022, 08:06:06 PM
 #41

You hate speculation and yet you are here on the speculations board. The reason is simple. People make speculations because btc price is not stable and there is no way to know if when it will head. There is no limit on how high or how low it can achieve but speculations are only optional and you don't need to follow what others are doing.

If you believe that btc is a safe investment. It won't drop to zero but its value can only improve over time then feel free to stay at peace while for us we will keep on doing it (speculating) because this makes us feel more alive as a human. It keeps our blood pumping every time we saw that the price is close to what we speculate.

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October 13, 2022, 08:53:40 PM
 #42

I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Even the entry price is not enough to guarantee peace. Except as you said buy hodl then keep your private key and seed phrase far from where you will always visit your wallets regularly. Bitcoin always has its own heart break and it comes mostly with short term investment. The peace that comes with bitcoin is permanent on long term investment and temporal on short term investment.

And i tell you one truth no matter how you try to avoid your wallet, avoiding your balance will never be possible and also you will always see Bitcoin current price flying in through different newsletters, email and documentation. All pointing the fact that no matter how much you shy away from speculation you will still speculate ignorantly


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October 13, 2022, 09:50:16 PM
 #43

Everyone hopes to get the lowest price to buy bitcoins and not to worry about the decline anymore. But the problem is if they keep waiting until the price hits bottom, they can miss buying it because we don't know when bitcoin will hit bottom. We can only keep trying to buy while hoping it is the lowest price.

That is purely the problem. Many people wish they can buy the bottom and not bother about the price anymore but the irony of the matter is that no one knows the bottom, it could be that we are right in the bottom at 18000 to 19000 dollars. Considering the all-time high of Bitcoin, it is right to say that we are at the bottom region and anyone who is serious to purchase bitcoin should at this time do it . Imagine that in  few years coming bitcoin can make another all-time high to surpass $70,000. That will be massive profit for anyone that buys now.

I take it that anyone speculating further to buy at any other bottom is not serious to get bitcoin, either you by now at once or you by using dollar cost averaging  at intervals.
The people that want to buy at the very bottom care way more about being right than the possible profits they can get, anyone buying right now is getting bitcoin for a 70% discount, what else can they ask for? If you were given the chance to buy a product you have wanted for a long time for such a huge discount will you keep waiting for the price to go down or will you buy it immediately? And we know the right answer is to take the opportunity right in front of you and to never look back.

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October 13, 2022, 09:51:19 PM
 #44

I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Even the entry price is not enough to guarantee peace. Except as you said buy hodl then keep your private key and seed phrase far from where you will always visit your wallets regularly. Bitcoin always has its own heart break and it comes mostly with short term investment. The peace that comes with bitcoin is permanent on long term investment and temporal on short term investment.

And i tell you one truth no matter how you try to avoid your wallet, avoiding your balance will never be possible and also you will always see Bitcoin current price flying in through different newsletters, email and documentation. All pointing the fact that no matter how much you shy away from speculation you will still speculate ignorantly



Not a guaranteed peace indeed because you would definitely mind off if the price you had get in was really just right or you had just get inside or bought on a bit earlier? These questions would be commonly

be raising up on someones mind whenever you had done some decision on buying.You cant really be just that too confident on what price level you had purchased on.You can never be at peace everytime

you would be making up a decision.Not all would really be that confident on going for long term and some do really mind off everytime they do make out some action.
You cant really say simple things on that regard.People would be always mindful since we are risking our money on here.

R


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October 13, 2022, 10:50:08 PM
 #45

Everyone hopes to get the lowest price to buy bitcoins and not to worry about the decline anymore. But the problem is if they keep waiting until the price hits bottom, they can miss buying it because we don't know when bitcoin will hit bottom. We can only keep trying to buy while hoping it is the lowest price.

That is purely the problem. Many people wish they can buy the bottom and not bother about the price anymore but the irony of the matter is that no one knows the bottom, it could be that we are right in the bottom at 18000 to 19000 dollars. Considering the all-time high of Bitcoin, it is right to say that we are at the bottom region and anyone who is serious to purchase bitcoin should at this time do it . Imagine that in  few years coming bitcoin can make another all-time high to surpass $70,000. That will be massive profit for anyone that buys now.

I take it that anyone speculating further to buy at any other bottom is not serious to get bitcoin, either you by now at once or you by using dollar cost averaging  at intervals.
The people that want to buy at the very bottom care way more about being right than the possible profits they can get, anyone buying right now is getting bitcoin for a 70% discount, what else can they ask for? If you were given the chance to buy a product you have wanted for a long time for such a huge discount will you keep waiting for the price to go down or will you buy it immediately? And we know the right answer is to take the opportunity right in front of you and to never look back.

Indeed now is a good opportunity to buy Bitcoin, especially as you said it is impossible for people who understand Bitcoin to skip buying Bitcoin,
if we see the price of Bitcoin has fallen deep enough. Although there is a possibility that the price of Bitcoin will fall even further, but we can buy it
again if it is true that the price of Bitcoin drops lower. But the fear is that when this is really the lowest price of Bitcoin, we will regret it if we don't
buy Bitcoin right now. So our decision is in our own hands, my advice is never to delay buying Bitcoin, it will likely only make us regret later on.
Because Bitcoin always proves to be able to provide large profits if we hold it long term, so indeed we should not miss buying Bitcoin when
the price is already low as it is today.

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October 13, 2022, 11:29:20 PM
 #46

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
We do hate it but that is how crypto works. We speculate always because that is the only thing we can do knowing that we never know exactly what will happen in the future. But if you are very confident that holding them let's say 5 years, then there is no need for you to speculate and check the market but rather wait for that time to come and do whatever you want with your Bitcoin. That is the only way to live in peace in crypto otherwise, this will give you stress.

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Chato1977
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October 14, 2022, 01:12:04 AM
 #47

You hate speculation and yet you are here on the speculations board.
Lol that's rude but true  Grin

Quote
The reason is simple. People make speculations because btc price is not stable and there is no way to know if when it will head. There is no limit on how high or how low it can achieve but speculations are only optional and you don't need to follow what others are doing.
actually it is all coins that is not stable (aside from of course stable coins) so in crypto investments it is part of the process to speculate because we even ourself speculate in how much Bitcoin will reach before we sell them so it is already given.

Quote
If you believe that btc is a safe investment. It won't drop to zero but its value can only improve over time then feel free to stay at peace while for us we will keep on doing it (speculating) because this makes us feel more alive as a human. It keeps our blood pumping every time we saw that the price is close to what we speculate.
but His intention is to solely provide better choices and that is Bitcoin as is, though we already learn from long time that still diversification is the best in our time now.
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October 14, 2022, 01:43:36 AM
 #48

Everyone hopes to get the lowest price to buy bitcoins and not to worry about the decline anymore. But the problem is if they keep waiting until the price hits bottom, they can miss buying it because we don't know when bitcoin will hit bottom. We can only keep trying to buy while hoping it is the lowest price.

That is purely the problem. Many people wish they can buy the bottom and not bother about the price anymore but the irony of the matter is that no one knows the bottom, it could be that we are right in the bottom at 18000 to 19000 dollars. Considering the all-time high of Bitcoin, it is right to say that we are at the bottom region and anyone who is serious to purchase bitcoin should at this time do it . Imagine that in  few years coming bitcoin can make another all-time high to surpass $70,000. That will be massive profit for anyone that buys now.

I take it that anyone speculating further to buy at any other bottom is not serious to get bitcoin, either you by now at once or you by using dollar cost averaging  at intervals.
So buying at the current price and keeping it for a long time can give us big profits in the future. Unfortunately, people don't realize this and keep hoping to buy at the lowest price and keep waiting. We can only give them suggestions that might be useful but the rest is up to them.

But if they can patiently buy at every price bottom with the amount of money they can afford, they will surely smile happily when they see bitcoin prices recover and could even make the next ATH.

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October 14, 2022, 04:55:48 AM
 #49

Everyone hopes to get the lowest price to buy bitcoins and not to worry about the decline anymore. But the problem is if they keep waiting until the price hits bottom, they can miss buying it because we don't know when bitcoin will hit bottom. We can only keep trying to buy while hoping it is the lowest price.

That is purely the problem. Many people wish they can buy the bottom and not bother about the price anymore but the irony of the matter is that no one knows the bottom, it could be that we are right in the bottom at 18000 to 19000 dollars. Considering the all-time high of Bitcoin, it is right to say that we are at the bottom region and anyone who is serious to purchase bitcoin should at this time do it . Imagine that in  few years coming bitcoin can make another all-time high to surpass $70,000. That will be massive profit for anyone that buys now.

I take it that anyone speculating further to buy at any other bottom is not serious to get bitcoin, either you by now at once or you by using dollar cost averaging  at intervals.
So buying at the current price and keeping it for a long time can give us big profits in the future. Unfortunately, people don't realize this and keep hoping to buy at the lowest price and keep waiting. We can only give them suggestions that might be useful but the rest is up to them.
if it is about bitcoin then i think those people that has this mindset are those people that does not totally understand Bitcoin because realizing that fact is indeed can be found in historical movement of this coin.
Quote
But if they can patiently buy at every price bottom with the amount of money they can afford, they will surely smile happily when they see bitcoin prices recover and could even make the next ATH.
extra money is what need to be invested specially if we are a small investors that only seeking for betterment of our money.









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October 14, 2022, 07:51:23 PM
 #50

Everyone hopes to get the lowest price to buy bitcoins and not to worry about the decline anymore. But the problem is if they keep waiting until the price hits bottom, they can miss buying it because we don't know when bitcoin will hit bottom. We can only keep trying to buy while hoping it is the lowest price.

That is purely the problem. Many people wish they can buy the bottom and not bother about the price anymore but the irony of the matter is that no one knows the bottom, it could be that we are right in the bottom at 18000 to 19000 dollars. Considering the all-time high of Bitcoin, it is right to say that we are at the bottom region and anyone who is serious to purchase bitcoin should at this time do it . Imagine that in  few years coming bitcoin can make another all-time high to surpass $70,000. That will be massive profit for anyone that buys now.

I take it that anyone speculating further to buy at any other bottom is not serious to get bitcoin, either you by now at once or you by using dollar cost averaging  at intervals.
The people that want to buy at the very bottom care way more about being right than the possible profits they can get, anyone buying right now is getting bitcoin for a 70% discount, what else can they ask for? If you were given the chance to buy a product you have wanted for a long time for such a huge discount will you keep waiting for the price to go down or will you buy it immediately? And we know the right answer is to take the opportunity right in front of you and to never look back.

Cool  dude, you got a very nice analogy here. I'm very pleased to understand this, it is correct that anyone buying bitcoin now it's getting it at 70% discount. This is a huge discount and anyone planning buying any goods would not wait for more discount to get the goods. Funny enough what happens with bitcoin when we relate it to be a goods is that people will stop buying the goods when they think that it is no longer fashionable or in high demand (during bear). They will overlook the discount and not buy but whenever the bull market starts, and the goods is again trending you will see them jump in to get some goods even when there is no longer discount on the goods.

The major problem is that majority of us are not financially educated,we don't have patterns we follow,we just follow the trend and wish magic should happen in our financial lives.

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October 14, 2022, 09:19:32 PM
 #51

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Yes, we don't want to complicate things isn't it? But there are traders or speculators who want's to play in this game though, because for them this is like a game and if you are very competitive you are going to be up to the challenge study the volatility as per TA and then make your own speculations as to where the price will move, anticipate and then make money.  And so that is the most important for them, the end result, profits.
Speculations bring not only a challenge for us but also a good motivation for us to hope and expect more especially if we are having positive speculations in the market. However, this is not also advisable all the time as you may not sustain your crypto earnings if you just rely on speculations, yes it’s a game that others would love to be involved but it’s way more safer if you stick to what is reality and not just simply speculations.

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October 14, 2022, 11:19:21 PM
 #52

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Yes, we don't want to complicate things isn't it? But there are traders or speculators who want's to play in this game though, because for them this is like a game and if you are very competitive you are going to be up to the challenge study the volatility as per TA and then make your own speculations as to where the price will move, anticipate and then make money.  And so that is the most important for them, the end result, profits.
Speculations bring not only a challenge for us but also a good motivation for us to hope and expect more especially if we are having positive speculations in the market. However, this is not also advisable all the time as you may not sustain your crypto earnings if you just rely on speculations, yes it’s a game that others would love to be involved but it’s way more safer if you stick to what is reality and not just simply speculations.

Yes, that is the keyword, challenge, so for us, to be challenge and willing to accept it? that is already a motivation for some. And for the sustainability, well, let's get back to 2017's bull run wherein I saw a lot of members turning into full 100% trader left their job. Unfortunately bear market happens, and not it is just repeating itself. What we need to be is just be smart and intelligent, nothing is sustainable to say that least in this market. It's either to make a lot of money in the bull run, but for majority if might not be enough, so we will have to grind hard again from one cycle to another.

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October 15, 2022, 02:56:14 AM
 #53

if it is about bitcoin then i think those people that has this mindset are those people that does not totally understand Bitcoin because realizing that fact is indeed can be found in historical movement of this coin.
Well, maybe they need to learn and understand bitcoin which can give them that opportunity. If they still don't understand it, we just let them be and hope they can one day change and realize it.

extra money is what need to be invested specially if we are a small investors that only seeking for betterment of our money.
I think we just need to reset the expenses that we have per month and from there, we can see how much money we still have and we can start investing in bitcoin. Besides, I think it's okay if we start investing using small money because we are ordinary people with no money. What is important here is the attitude that we have who want to have a bitcoin investment.

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October 15, 2022, 04:01:11 AM
 #54

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

That’s actually we should really do in this bear market .
But what I have seen in this bear market is that, people are not showing any patience.
They just fight over the price of the Bitcoins.
As a result, they just don’t find the best price and panic sell.
Later again when BTC climbs up, they again starts crying using the BTC name.
In case of BTC just buy and hold for long term. That’s it.
It is not that surprising that this is what we are witnessing, for the people that have gone through a bear market before then what it is happening is nothing new and we know that we still need to wait for a long time before we obtain any profits from the bitcoin that we buy now, but for the people that are going through this experience for the first time they are getting desperate and it will not be odd to see them quitting this market for good and missing the next bull market.
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October 15, 2022, 01:34:42 PM
 #55

snip...

That’s actually we should really do in this bear market .
But what I have seen in this bear market is that, people are not showing any patience.
They just fight over the price of the Bitcoins.
As a result, they just don’t find the best price and panic sell.
Later again when BTC climbs up, they again starts crying using the BTC name.
In case of BTC just buy and hold for long term. That’s it.
It is not that surprising that this is what we are witnessing, for the people that have gone through a bear market before then what it is happening is nothing new and we know that we still need to wait for a long time before we obtain any profits from the bitcoin that we buy now, but for the people that are going through this experience for the first time they are getting desperate and it will not be odd to see them quitting this market for good and missing the next bull market.
That is the case we need to think about. Investing in Bitcoin during this time is the safest way ever to be made, not investing in altcoins that usually turned into shitcoins. But, we never expect all of us will tend to change and correct our mistakes but rather have to keep our mindset away from reality. Despite the spread of the "Buy Low and Sell High" strategy, many people haven't learned yet but instead, they are even more negative and waited for the bottom when seeing this declining situation.

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October 16, 2022, 09:29:44 AM
 #56

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
People have a different strategy and plan for their investment. I know people who earned a lot of money by using the speculation of crypto. Actually, it is up to the person who wants to make strategies based on their goal and market conditions and try to execute them in a different circumstances. There are plenty of opportunity in the market so it is wise to stick with your own methods and wait for it to work.
Speculation of crypto is something that could be very profitable if you know what you are doing. I know it’s not as lucrative as it sounds to many people because it’s a very hard thing to do, but at the same time there is a good amount of people who do this very well and they end up making a lot of money from it.

I personally cannot, because I am not good at it even though I spent years on it, but I know friends who turned 0.5 bitcoin (which wasn't a lot back in the day) to 100+ btc, which means that it is possible. Knowing that it is possible is not equal to you being able to do it, I know it’s possible and cannot do it myself, so there is a big difference.

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October 16, 2022, 12:52:11 PM
 #57

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin,
In the world of crypto trading, speculation is part of a method that is often used and talked about by many people, including investors, because of its nature based on assumptions, actions and profits, In carrying out the act of buying or selling Bitcoin, speculation is needed, you don't know about the movement of the crypto market today and in the future, based on speculation people can act and have opinions, Bitcoin is worth trading, worth investing as well as other types of crypto that are good to buy in the future.

speculation is a thing or method that we cannot discard or hate, speculation has indeed had a place in the market from ancient times, in general speculation is done in buying and selling before the fact.

R


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October 16, 2022, 01:28:31 PM
 #58

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
We do hate it but that is how crypto works. We speculate always because that is the only thing we can do knowing that we never know exactly what will happen in the future. But if you are very confident that holding them let's say 5 years, then there is no need for you to speculate and check the market but rather wait for that time to come and do whatever you want with your Bitcoin. That is the only way to live in peace in crypto otherwise, this will give you stress.

whether your goal is 5 years or 10 years when you start looking for entry, you have to speculate. i bet you like it or not but once we place a buy or sell order you immediately think of speculating. simply because everyone wants to buy cheap, want higher profits even though our goal is long term. as you say that's how the market works and that's also how we make a profit for the market. sometimes we hate it because we can't predict where the market will go, if we speculated right we wouldn't hate it

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October 16, 2022, 02:27:32 PM
 #59

Speculation is a part of the process interms of investment. The idea of assuming that its market value would increase in the future is already speculating. Maybe OP means not speculating that much or not putting that much of attention checking its market value.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.

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October 16, 2022, 03:10:05 PM
 #60

Speculation is an action that is identical to the daily activity of sellers. They will speculate when holding the asset and stop when they release it on the release date. This form of trading activity can be likened to gambling, which has a greater risk.

For those of us who choose to invest in Bitcoin in the long term, it may have a much lower risk, and many investors rarely speculate, just use analysis. 
I am more comfortable with Bitcoin without having to speculate. 
OP, that's why I think a lot of people speculate.

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October 16, 2022, 09:06:40 PM
 #61

It is a decision that the early holders will never regret because it's been rewarding for them. And on the other hand, those that have bought at the top and held, are only hoping to recover because they're down at these times.
But as they hold on, they should look at the other opportunities that are in front of them instead of thinking to recover. Because no matter what they do, recovery time will come and it's going to be shown if they're patient enough to see it.
Yeah and that is the beauty of crypto though, because there is a good chance that you can recover from the 'paper loses' you suffer. You can also lose if you don't sell at a lost, almost remember that. So even if you see your wallet value going down, it's doesn't mean you really lost that money. But if you continue to just hold and take every opportunity to accumulate then at certain point you will make profits guaranteed.
Not selling at loss is something people need to learn for sure. I have talked with some people who have lost a good chunk of money and sold their coins recently, some of them sold it 3 months ago, some of them last week, but they got out because "market is bad right now and it will get worse".

The reality is that they should have bought more, and if it ever goes down even further they should buy even more. Because, price will recover one way or another and that’s the important part, there is absolutely no reason for it to be going down and staying there, it will go up again and if you are ready for it then you will profit a good chunk in the future.
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October 17, 2022, 02:48:45 PM
 #62

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.

Market speculation can occasionally be advantageous for long-term holders. Here, I'm referring to the investors. They have insight into how to develop their investing strategy attributable to market speculation. While speculating is useful for traders trying to invest their money, it is not really necessary for someone just looking for a way to save and transact money.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.

Short-term investors are more likely to make profit rapidly and can also be at risk if they don't have enough understanding about the investments they're making. They might find it useful as well, but they lack the necessary skepticism and are susceptible to financial loss.

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October 17, 2022, 04:39:34 PM
 #63

You see the current Bitcoin market situation is the reason why speculation is bad, and should be totally avoided. Once youhold Bitcoin just know that the price can not be speculated and any point and the market price of Bitcoin can not be predicted.

I have read some speculations in the last couple of weeks back that we are in for a long-time bear market and even chat have been formulated supporttheir claims, but in the early hours of this new week, Bitcoin have seem to have been on a recovery mode after the price crossed the 19,500 region which is a sharp rise in price that indicate bullish movement!
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October 18, 2022, 02:29:46 AM
 #64

You see the current Bitcoin market situation is the reason why speculation is bad, and should be totally avoided. Once youhold Bitcoin just know that the price can not be speculated and any point and the market price of Bitcoin can not be predicted.

I have read some speculations in the last couple of weeks back that we are in for a long-time bear market and even chat have been formulated supporttheir claims, but in the early hours of this new week, Bitcoin have seem to have been on a recovery mode after the price crossed the 19,500 region which is a sharp rise in price that indicate bullish movement!
While it is always nice to see bitcoin going up in value I do not think we can even remotely conclude from this small growth that somehow we are witnessing some kind of bullish sentiment sweeping the market away, this is just a small correction and I do not think it is even worth thinking too much about it, as even if we surpassed the 20k level I think it would not be long until the price went below that level again.
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October 18, 2022, 05:15:51 PM
 #65

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
Market speculation can occasionally be advantageous for long-term holders. Here, I'm referring to the investors. They have insight into how to develop their investing strategy attributable to market speculation. While speculating is useful for traders trying to invest their money, it is not really necessary for someone just looking for a way to save and transact money.
Investors have a bigger chance because they have more time to recover, traders need to be careful because they trade, which includes both buying and selling together, and you need to do them quickly enough to be considered trader, if you buy and sell 6 months later, that’s not trading, that’s short term investing and there is a difference, but if you do it 2 hours later that’s trading.

Investors do not have this trouble, they could buy and be wrong and then wait for it to recover 9 months later and be right eventually, that’s a lot easier. People need to speculate less, and hold more in order to have a better chance to make a profit, which would benefit them more.

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October 18, 2022, 08:23:03 PM
 #66

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
Market speculation can occasionally be advantageous for long-term holders. Here, I'm referring to the investors. They have insight into how to develop their investing strategy attributable to market speculation. While speculating is useful for traders trying to invest their money, it is not really necessary for someone just looking for a way to save and transact money.
Investors have a bigger chance because they have more time to recover, traders need to be careful because they trade, which includes both buying and selling together, and you need to do them quickly enough to be considered trader, if you buy and sell 6 months later, that’s not trading, that’s short term investing and there is a difference, but if you do it 2 hours later that’s trading.

Investors do not have this trouble, they could buy and be wrong and then wait for it to recover 9 months later and be right eventually, that’s a lot easier. People need to speculate less, and hold more in order to have a better chance to make a profit, which would benefit them more.
People are usually having this kind of wrong perceptions or beliefs in between investing and trading which you had clearly said about the basic concepts on how its been done.
When you are really on that investing mode then you wouldnt really be minding on what price you would really be getting in.If you do make out shorter day trades then for sure you would really be mindful
on every price tick on the chart.There's really indeed difference on how things should be done.Its true that you would really be at peace when you do go for long term
holding on Bitcoin but to know that not all would really be that patient when it comes to waiting game.

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October 18, 2022, 10:30:48 PM
 #67

There is no way the Bitcoin market or altcoin market will be without speculation and not only do traders need speculation on the market but even investors are always looking for speculation to help them make better decisions.

So speculation is an integral part of the cryptocurrency market and if Bitcoin must remain a volatile asset then speculation can not be separated from Bitcoin market as their both co-exist.
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October 18, 2022, 10:59:44 PM
 #68

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively are one of the things lure many investors into lost and also profit.

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October 19, 2022, 09:26:01 AM
 #69

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.

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October 19, 2022, 05:14:44 PM
 #70

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well.  We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.
I think the OP knows this already but he pushes his insights because he is also aware that btc can recover no matter how low it goes. He didn't say that people can buy at any price. That's not the right way of investing but it's always ideal to start investing when the price are at their atl's or bottom so that you can greatly lessen the risk.

It will be hard for the price to drop more after that but it will mostly do a recovery and along with it is that we are going to earn a profit. There is no need to speculate if how much price btc can achieve because we cant still predict it accurately but we can just say that it will move upwards or downwards. That's a lot easier.
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October 19, 2022, 09:27:54 PM
 #71

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.
You could really give out some recommendations or suggestions but its not really something that anyone would be following out.Its true that we do have our own plans and targets when it comes to our crypto investment which it would really be varying or depending.
If you do like yourself to play on the safer side, then you would really be that going for bitcoin but since there are people who are longing for some good potential returns or profits
then this is where they do consider altcoin option.
You do need to speculate even you do hold up bitcoin because even it do sits on the top ranking, doesnt mean that it wouldnt really have any risk or give out assurance.

R


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October 19, 2022, 09:53:31 PM
 #72

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well.  We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.
I think the OP knows this already but he pushes his insights because he is also aware that btc can recover no matter how low it goes. He didn't say that people can buy at any price. That's not the right way of investing but it's always ideal to start investing when the price are at their atl's or bottom so that you can greatly lessen the risk.

It will be hard for the price to drop more after that but it will mostly do a recovery and along with it is that we are going to earn a profit. There is no need to speculate if how much price btc can achieve because we cant still predict it accurately but we can just say that it will move upwards or downwards. That's a lot easier.

Not that we can predict it accurately, but the upward and downward will always be there.
The price level changes from time to time but the hope of further increasing its value is very possible to happen.
This is why, some people feel at peace with btc because if you are eyeing long-term, you don't need to worry about the small movements.
You have the goal of patiently waiting up until you hit your target price level where you can get your profits.
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October 20, 2022, 11:08:02 AM
 #73

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.
Risk taking is something you do with every single satoshi that you buy, there isn't a situation where you are involved with investment and there is no risk, every single one does. Even the most basic "put your money into interest in a bank" type of things which is historically quite safe, saw some troubles back in 2008 where a few nations blocked people cashing those out, and even the ones that didn't had such high inflations this year that the money there lost all its power so it's futile to put there.

So, risk taking is something you are doing at all times, and bitcoin is as risky as other things, but has a good track record to make you feel better.

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October 20, 2022, 09:16:18 PM
 #74

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.
Risk taking is something you do with every single satoshi that you buy, there isn't a situation where you are involved with investment and there is no risk, every single one does. Even the most basic "put your money into interest in a bank" type of things which is historically quite safe, saw some troubles back in 2008 where a few nations blocked people cashing those out, and even the ones that didn't had such high inflations this year that the money there lost all its power so it's futile to put there.

So, risk taking is something you are doing at all times, and bitcoin is as risky as other things, but has a good track record to make you feel better.
Every investment does have particular risk which does simply means that even if you would really be that dealing with those traditional investment it isnt really an exemption for you to get out of it.

This is the main thing that you should really be expecting once you do touch up investment whether into those traditional or crypocurrency.Its true that you cant really go wrong with Bitcoin but
still to consider up the risk that it isnt really something that you would really get assured of things in speaking with future years.

Invest what you can afford to lose and never ever consider each step you do make is risk-free.

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October 20, 2022, 09:50:04 PM
 #75

There is no way the Bitcoin market or altcoin market will be without speculation and not only do traders need speculation on the market but even investors are always looking for speculation to help them make better decisions.

So speculation is an integral part of the cryptocurrency market and if Bitcoin must remain a volatile asset then speculation can not be separated from Bitcoin market as their both co-exist.
I do not have a problem with speculation by itself as a great deal of what we do is speculation, an example of this is when you took a test at school and then you are with your friends talking about how you did and what kind of score you think you will get, that is a form of speculation, which is in fact important as in part your future occupation depends on those scores, and price speculation is similar, your future depends on your ability to predict the price correctly, however I do have a problem with endless speculation, as there are some traders which keep talking about the price but they never buy, and as such their speculations are useless when it comes to the effect they can have in their future.

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October 20, 2022, 10:07:20 PM
 #76

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively is one of the things lure many investors into lost and also profit.
I agree with what you said, because there is always an increase in buy orders when there is panic resulting from speculations, be it from the media or institutions who will want to manipulate the market to favor themselves.
Most of the whales always look out for highly speculative projects so that their can used whatever market situation to make more profits. Most especially those that are in for a short period.

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October 21, 2022, 07:08:04 AM
 #77

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively is one of the things lure many investors into lost and also profit.
I agree with what you said, because there is always an increase in buy orders when there is panic resulting from speculations, be it from the media or institutions who will want to manipulate the market to favor themselves.
Most of the whales always look out for highly speculative projects so that their can used whatever market situation to make more profits. Most especially those that are in for a short period.

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.

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October 21, 2022, 10:30:27 AM
 #78

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well.  We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.
I think the OP knows this already but he pushes his insights because he is also aware that btc can recover no matter how low it goes. He didn't say that people can buy at any price. That's not the right way of investing but it's always ideal to start investing when the price are at their atl's or bottom so that you can greatly lessen the risk.

It will be hard for the price to drop more after that but it will mostly do a recovery and along with it is that we are going to earn a profit. There is no need to speculate if how much price btc can achieve because we cant still predict it accurately but we can just say that it will move upwards or downwards. That's a lot easier.

Not that we can predict it accurately,
sorry about this mate , but can we predict accurately ? really? bitcoin ? all we can do is predict if it will up or down but not accurately.

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but the upward and downward will always be there.
Volatility , It is..


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The price level changes from time to time but the hope of further increasing its value is very possible to happen.
That is why there is no accurate predictions.

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This is why, some people feel at peace with btc because if you are eyeing long-term, you don't need to worry about the small movements.
You have the goal of patiently waiting up until you hit your target price level where you can get your profits.

investment , risky but satisfying if you will trust bitcoin for at least 3-5 years long holding , not that easy money.

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October 21, 2022, 11:47:41 AM
 #79

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.

What are you talking about, mate?
You tell everyone to follow Patterns and Trends in order to get a lot of profit. But you don't explain yourself about Patterns and Trends that are good for everyone to follow in conditions like now. Now since you have said that here, then it would be better if you want to give a more complete explanation of the Pattern and Trend that you mean.

Since the task of the whales in the market is also to make as much profit as they can and everything they do is definitely considered for themselves, so there is no reason to blame the whales for this.

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October 22, 2022, 01:40:41 PM
 #80

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.
What are you talking about, mate?
You tell everyone to follow Patterns and Trends in order to get a lot of profit. But you don't explain yourself about Patterns and Trends that are good for everyone to follow in conditions like now. Now since you have said that here, then it would be better if you want to give a more complete explanation of the Pattern and Trend that you mean.

Since the task of the whales in the market is also to make as much profit as they can and everything they do is definitely considered for themselves, so there is no reason to blame the whales for this.
I don't know about Pope, but the patters that I watch is the resistance and support, if there is a good amount of resistance and support that market fails to break, that means we could trade in between them to make a good return and that's not too bad, but if we are talking about a situation that breaks them all the time, that is bear or bull market and that is usually scarier and people don't know what to do.

Right now, we go in between 18k and 21k, if you could buy at 18k and sell at 21k and keep repeating that, you would make a lot of profit. Some people did that already and got good profits, without waiting anything, just buy at support, sell at resistance, as simple as that.

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October 23, 2022, 07:31:24 AM
 #81

Bitcoin is a speculative asset and if you don't like to speculate, it's okay. But the others can't be stopped by speculating the price of bitcoin because that's normal on it. It's true that we're at peace if we hold bitcoin because out of all the cryptos out there, this is what dictates the entire market for crypto. There's a safer thought of holding bitcoin and having it seated for a long time  without worries because we know at the end of it, there will be an increase value of it due to its nature which includes the halving.
I agree with you, among other cryptocurrencies Bitcoin is the only coin the price increase without given off to the market after a long term investment like some of the altcoins investment, it's obvious that holding of Bitcoin and on the process bearish hit the season, their a confidence holding your Bitcoin knowing that the market most normalize, that's the reason some people purchase Bitcoin and hold for long term without fear.

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October 24, 2022, 06:36:30 AM
 #82

You see the current Bitcoin market situation is the reason why speculation is bad, and should be totally avoided. Once youhold Bitcoin just know that the price can not be speculated and any point and the market price of Bitcoin can not be predicted.
speculation keeps popping even if the market is down or up so while the current Bitcoin market is bad? it is the whole market is suffering now.

Better to buy and Hold or just forget the market for a while.

Quote
I have read some speculations in the last couple of weeks back that we are in for a long-time bear market and even chat have been formulated supporttheir claims, but in the early hours of this new week, Bitcoin have seem to have been on a recovery mode after the price crossed the 19,500 region which is a sharp rise in price that indicate bullish movement!
recovery mode? when was that made? the price stays at 18-20k and even not crossing 20k so I think there is no recovery mode that in our days now?









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October 24, 2022, 07:14:54 AM
 #83

Nah, definitely no... Speculations are (in contrast with popular belief) good things in financial markets. They fuel demand. Speculations feed people like its cheap burgers. People buy and sell because things are speculated around. This is literal Truth. So increasing expectations like telling Bitcoin will become 150000 dollar is not something disruptive. Its attractive and it can help people to buy more/trade more. And people can make money.
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October 24, 2022, 08:00:24 AM
 #84

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
Bitcoin is a currency, but it deserves speculation as people are investing into it. You want bitcoin as a currency, but assuming you bought bitcoin when it was $60000, now at $19000, will you be happy? Speculation is very important for people that are just buying bitcoin, because to see your money depreciating can be very annoying and can cause depression. I know that your bitcoin is going to increase in value again and increase more than the price you bought it, but it can take over 2, 3 or up to 4 years before that would happen. I have seen someone yin this forum that told me so before in a post, I did not feel it until I bought bitcoin and seeing the price decreasing, it was not easy.

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October 24, 2022, 09:13:46 AM
 #85

Right now, we go in between 18k and 21k, if you could buy at 18k and sell at 21k and keep repeating that, you would make a lot of profit. Some people did that already and got good profits, without waiting anything, just buy at support, sell at resistance, as simple as that.
It's a very good idea and it's obviously a very appropriate and good thing to do at this point and I've also done it twice in the current state. It's generally quite a gain, but at this point I don't have more courage to continue doing that kind of thing in still uncertain conditions like now. So I prefer to trade safely and keep more stable cryptocurrencies before I make another purchase when the market starts to look better.

.
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October 24, 2022, 11:35:23 AM
 #86

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
But if you have the application that tells the price of Bitcoin it makes you regret buying at that "entry price".  Cheesy
It's given, you cannot just purchase and look away or cover your eyes and press the buy button. There will be times you want to check it out and it's normal.
I am not avoiding speculations because for me it's also a healthy thing, like a daily food that feeds me some information, but it doesn't mean I will follow it. It could become a basis but it's all up to you in the end.
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October 24, 2022, 02:45:49 PM
 #87

On some time frame everyone has a speculation, the main thing is to avoid day to day speculations as almost all people will just get themselves tangled up by the noise and volatility that BTC invariably has.    But weeks, months and years its reasonable to observe, if you could work out an entire year would be a withdrawal or retraction phase then its reasonable to avoid that year and that process also is speculation on a larger time frame.
  Judging larger time frames is far more likely to work then shorter time frames especially with candles as it shows all the price extremes in that time frame vs a line graph only shows the close price.   Right now we retract from the 50 day average and have done for months, its fair to say and speculate BTC is not seriously positive until we trade and stay above the 50 day average for at least a few days.  Ideally we get all the various moving averages turn upwards, ie. the average and momentum favors a gain.  We can trade at any price but some instances become more likely then others, dont fight the tide and BTC has yearly movements imo.

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October 24, 2022, 08:07:39 PM
 #88

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively is one of the things lure many investors into lost and also profit.
I agree with what you said, because there is always an increase in buy orders when there is panic resulting from speculations, be it from the media or institutions who will want to manipulate the market to favor themselves.
Most of the whales always look out for highly speculative projects so that their can used whatever market situation to make more profits. Most especially those that are in for a short period.

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.
As a trader or investor you don't have to follow negative information concerning the market, your duty is to check the market by making a research without depending on any news concerning cryptocurrency, i believe with your own search you will be able to know exactly when to make profit in the market and when not make profit.

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October 24, 2022, 09:01:03 PM
 #89

Nah, definitely no... Speculations are (in contrast with popular belief) good things in financial markets. They fuel demand. Speculations feed people like its cheap burgers. People buy and sell because things are speculated around. This is literal Truth. So increasing expectations like telling Bitcoin will become 150000 dollar is not something disruptive. Its attractive and it can help people to buy more/trade more. And people can make money.
But without analysis then speculation is child's play, I like to call it that because they have no basis for saying it when only guessing the price. Speculation is an integral part of trading this highly volatile asset, so even if it's not 100% correct then at least the analysis done can help the trader or investor find the entry line before making a decision.

Again, not speculation without analysis, but it is guesswork.

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October 25, 2022, 08:47:51 AM
 #90

But if you have the application that tells the price of Bitcoin it makes you regret buying at that "entry price".  Cheesy
It's given, you cannot just purchase and look away or cover your eyes and press the buy button. There will be times you want to check it out and it's normal.
I am not avoiding speculations because for me it's also a healthy thing, like a daily food that feeds me some information, but it doesn't mean I will follow it. It could become a basis but it's all up to you in the end.
I still speculate even there are more times that my prices weren’t that close in the amount I expected I will buy or the amount that coin reached. It seems normal to me to speculate and set amount where I will try to buy. Though it’s not that profitable but if we already use in doing it,it is hard to avoid. I don’t use speculation from others but I check whether their speculation have a higher probability to happen than in mine. It’s not bad to speculate as long as we have basis in doing it and we research it.
Just buy when you feel its right mate, and your willingness to lose is also your willing ness to earn , there are so much to expect but there are only one chance to buy and that is in the days or so.

Timing is always the virtu mate and this is also what I use together with my instinct .
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October 27, 2022, 09:28:37 PM
 #91

As a trader or investor you don't have to follow negative information concerning the market, your duty is to check the market by making a research without depending on any news concerning cryptocurrency, i believe with your own search you will be able to know exactly when to make profit in the market and when not make profit.
It is very difficult to have an exact idea of when to sell and when to buy so we can make profits all the time, even the best traders only have a rough idea of what it may happen and their analysis could become worthless if there is a big event around the world which subverts their expectations, and the pandemic is a good example of this, the economy was doing relatively well before the pandemic but then the pandemic appeared out of nowhere and suddenly governments, businesses and families found themselves struggling to survive, and in many cases they still do as they are still suffering from the side effects of the pandemic.

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October 27, 2022, 09:32:00 PM
 #92

Speculation is a part of the process interms of investment. The idea of assuming that its market value would increase in the future is already speculating. Maybe OP means not speculating that much or not putting that much of attention checking its market value.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.
I understand that we can never be sure of everything, the reason why sometimes we end up with speculations. But for me, that’s still fine as long as we also make a thorough and educative research on that so that we’ll also rely on facts and not purely on speculations. Regardless if we have long term or short term investments, that’s our choice as long as we always go for good and established coins for investments.

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October 27, 2022, 09:56:33 PM
 #93

Speculation is a part of the process interms of investment. The idea of assuming that its market value would increase in the future is already speculating. Maybe OP means not speculating that much or not putting that much of attention checking its market value.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.
I understand that we can never be sure of everything, the reason why sometimes we end up with speculations. But for me, that’s still fine as long as we also make a thorough and educative research on that so that we’ll also rely on facts and not purely on speculations. Regardless if we have long term or short term investments, that’s our choice as long as we always go for good and established coins for investments.
The most important thing is that you do made out decisions on your own without being influenced by other people when it comes into your investment decisions.We do have our own inputs and insights towards

things and it wont really be that good looking if you do rely yourself on what others been saying.Of course we do really love to see alternatives on making profits and this is the main reason on why there are

people who do really tend to spread out their investment on altcoins rather than putting their focus solely on Bitcoin.Yes, we could really be that confident with BTC
but it would be normal for people on seeking up for another income alternative or could really give out some chance.

R


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November 06, 2022, 09:10:09 PM
 #94

Speculation is a part of the process interms of investment. The idea of assuming that its market value would increase in the future is already speculating. Maybe OP means not speculating that much or not putting that much of attention checking its market value.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.
I understand that we can never be sure of everything, the reason why sometimes we end up with speculations. But for me, that’s still fine as long as we also make a thorough and educative research on that so that we’ll also rely on facts and not purely on speculations. Regardless if we have long term or short term investments, that’s our choice as long as we always go for good and established coins for investments.
There is a big difference between a random speculation and a speculation based on deep research about the markets, the former is completely arbitrary and we are making numbers out of thin air but the latter has your research behind it and it is way more likely that it will actually be close to what it will happen if you know what you are doing in this market, unfortunately in this market we see way more examples of the former than the latter which is why some people have decided to ignore any form of speculation regardless of the procedure to obtain such a projection.

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November 06, 2022, 09:19:38 PM
 #95

Speculation is a part of the process interms of investment. The idea of assuming that its market value would increase in the future is already speculating. Maybe OP means not speculating that much or not putting that much of attention checking its market value.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.
I understand that we can never be sure of everything, the reason why sometimes we end up with speculations. But for me, that’s still fine as long as we also make a thorough and educative research on that so that we’ll also rely on facts and not purely on speculations. Regardless if we have long term or short term investments, that’s our choice as long as we always go for good and established coins for investments.
There is a big difference between a random speculation and a speculation based on deep research about the markets, the former is completely arbitrary and we are making numbers out of thin air but the latter has your research behind it and it is way more likely that it will actually be close to what it will happen if you know what you are doing in this market, unfortunately in this market we see way more examples of the former than the latter which is why some people have decided to ignore any form of speculation regardless of the procedure to obtain such a projection.

if you speculate using deep research as what you called it (which may entails checking the updates with their developments, announcements from their socmed channels, and other hints coming from the team themselves), you can indeed make a valuable prediction that you can use in your trading techniques. but if you are just speculating out of thin air, then high likely that you will get rekt if in case you will try to use it in your trading.

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November 07, 2022, 08:15:40 AM
 #96

Speculation is a part of the process interms of investment. The idea of assuming that its market value would increase in the future is already speculating. Maybe OP means not speculating that much or not putting that much of attention checking its market value.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.
I understand that we can never be sure of everything, the reason why sometimes we end up with speculations. But for me, that’s still fine as long as we also make a thorough and educative research on that so that we’ll also rely on facts and not purely on speculations. Regardless if we have long term or short term investments, that’s our choice as long as we always go for good and established coins for investments.
There is a big difference between a random speculation and a speculation based on deep research about the markets, the former is completely arbitrary and we are making numbers out of thin air but the latter has your research behind it and it is way more likely that it will actually be close to what it will happen if you know what you are doing in this market, unfortunately in this market we see way more examples of the former than the latter which is why some people have decided to ignore any form of speculation regardless of the procedure to obtain such a projection.

if you speculate using deep research as what you called it (which may entails checking the updates with their developments, announcements from their socmed channels, and other hints coming from the team themselves), you can indeed make a valuable prediction that you can use in your trading techniques. but if you are just speculating out of thin air, then high likely that you will get rekt if in case you will try to use it in your trading.


Thorough investigation with the project and also with the team who's handling the development is indeed a good basis
to entrust your investment.

But, if you are just relying on your prediction or position with the speculation of people around
the chance of wrecking yourself and losing your money is possible. I like the idea of buying and
holding till it reached your target selling position, whatever happen your chance of gaining profits
relies on how you trust your DYOR.
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November 07, 2022, 08:35:05 AM
 #97

Having your own analysis can be considered as a speculation so I think it’s very normal for a trader and investor to speculate the price no matter how good the coin is.

Yes Bitcoin will continue to rise in the long run but if you want to be more profitable, I suggest to continue speculate the price and know when is the best time to buy instead of relying to the news alone which I think is not a good mindset for an investor.

That is what many people failed to understand.  The cryptocurrency industry by its nature is purely speculative and there's no hoe you will be in the industry that you don't speculate in one way or the other. No one knows where the bottom will be, as a matter of fact we don't know what price bitcoin will be at on 15th November, 2022. The only way out is to continue to speculate. And people whose speculations are more accurate rules the industry.

So, it is high time we began to deal with speculation, FUD, FOMO etc because they are part of the cryptocurrency industry and they will remain with it as long as it exists.
I accept the fact that the entire cryptocurrency industry is speculative, but also it is more speculative to those who make it a short-term priority to predict the price and those that fall into that category.
1: passive traders, because they always base their entry on
    speculated Bitcoin price.
2: short term investors
But as a long-term Bitcoin holder, you will become less concerned with the short-term price but become more focused on Bitcoin's long-term value.

.
.Duelbits.
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RealMalatesta
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November 07, 2022, 05:54:32 PM
 #98

I accept the fact that the entire cryptocurrency industry is speculative, but also it is more speculative to those who make it a short-term priority to predict the price and those that fall into that category.
1: passive traders, because they always base their entry on
    speculated Bitcoin price.
2: short term investors
But as a long-term Bitcoin holder, you will become less concerned with the short-term price but become more focused on Bitcoin's long-term value.
Making it short term means that you are a trader and some traders are doing it as a job, so I understand them. It’s not easy and it's totally speculative but at the same time it’s a job, and every job has benefits and difficult parts, speculation is the difficulty for the trader but without it then it would have been too easy to make money and there is no such thing as easy money.

However, the benefits outweight the difficulties if you make money because in the end it's you, in your home, in your pajamas, in front of your PC and making money via a few trades each day. This is only possible if you are good at it of course and unfortunately not many people are.
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November 09, 2022, 11:31:54 AM
 #99

You will never make a profit because it is best to DYOR first and get sufficient knowledge and skills. for you to end up in reliable decisions that will make you profitable in the end.

Bitcoin will continue to rise in the long term but if you want to be more profitable I suggest to keep speculating the price and know when is the best time to buy rather than relying on news alone which I don't think is a good mindset for an investor.

and don't forget that there is a widespread perception that with a few "skills" you can do just that. These people tolerate the pressure of losing their money, because they believe they are making the right move.

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November 11, 2022, 11:24:52 PM
 #100

Having your own analysis can be considered as a speculation so I think it’s very normal for a trader and investor to speculate the price no matter how good the coin is.

Yes Bitcoin will continue to rise in the long run but if you want to be more profitable, I suggest to continue speculate the price and know when is the best time to buy instead of relying to the news alone which I think is not a good mindset for an investor.

That is what many people failed to understand.  The cryptocurrency industry by its nature is purely speculative and there's no hoe you will be in the industry that you don't speculate in one way or the other. No one knows where the bottom will be, as a matter of fact we don't know what price bitcoin will be at on 15th November, 2022. The only way out is to continue to speculate. And people whose speculations are more accurate rules the industry.

So, it is high time we began to deal with speculation, FUD, FOMO etc because they are part of the cryptocurrency industry and they will remain with it as long as it exists.
I accept the fact that the entire cryptocurrency industry is speculative, but also it is more speculative to those who make it a short-term priority to predict the price and those that fall into that category.
1: passive traders, because they always base their entry on
    speculated Bitcoin price.
2: short term investors
But as a long-term Bitcoin holder, you will become less concerned with the short-term price but become more focused on Bitcoin's long-term value.

So it does simply tells us that there are different type of traders whom do deal up with the market on different manner but in overall essence and goals/targets in mind then it would
really be sticking out on the same motive which is to make profits or money.
Its true that we can be at peace with Bitcoin but doesnt mean that it would really be giving out assurance that it would really be positive in the future.
This is why there are really investors who do look for other alternative or options which they cant really just stick with Bitcoin.
They are really finding other opportunities which could possibly bring them some profits.

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btc_angela
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November 25, 2022, 02:31:51 PM
 #101

Having your own analysis can be considered as a speculation so I think it’s very normal for a trader and investor to speculate the price no matter how good the coin is.

Yes Bitcoin will continue to rise in the long run but if you want to be more profitable, I suggest to continue speculate the price and know when is the best time to buy instead of relying to the news alone which I think is not a good mindset for an investor.

That is what many people failed to understand.  The cryptocurrency industry by its nature is purely speculative and there's no hoe you will be in the industry that you don't speculate in one way or the other. No one knows where the bottom will be, as a matter of fact we don't know what price bitcoin will be at on 15th November, 2022. The only way out is to continue to speculate. And people whose speculations are more accurate rules the industry.

So, it is high time we began to deal with speculation, FUD, FOMO etc because they are part of the cryptocurrency industry and they will remain with it as long as it exists.
I accept the fact that the entire cryptocurrency industry is speculative, but also it is more speculative to those who make it a short-term priority to predict the price and those that fall into that category.
1: passive traders, because they always base their entry on
    speculated Bitcoin price.
2: short term investors
But as a long-term Bitcoin holder, you will become less concerned with the short-term price but become more focused on Bitcoin's long-term value.

So it does simply tells us that there are different type of traders whom do deal up with the market on different manner but in overall essence and goals/targets in mind then it would
really be sticking out on the same motive which is to make profits or money.
Its true that we can be at peace with Bitcoin but doesnt mean that it would really be giving out assurance that it would really be positive in the future.
This is why there are really investors who do look for other alternative or options which they cant really just stick with Bitcoin.
They are really finding other opportunities which could possibly bring them some profits.

Yes, that is the obvious goal for the majority of us, make money and profits from trading.

But there are people who doesn't like to trade, maybe they think it's a complicated thing to do, which is true and it's hard to start with. You need to have that capital to play and then the time to spend in front of your computer and have some background on technical analysis as well.

So what the majority do or at least in my end, is just to invest on BTC, through DCA and I will be good without having the difficult to trade and give me headache in the end if I lose or do something wrong in my trades.

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November 25, 2022, 07:23:20 PM
 #102

You will never make a profit because it is best to DYOR first and get sufficient knowledge and skills. for you to end up in reliable decisions that will make you profitable in the end.

Bitcoin will continue to rise in the long term but if you want to be more profitable I suggest to keep speculating the price and know when is the best time to buy rather than relying on news alone which I don't think is a good mindset for an investor.

and don't forget that there is a widespread perception that with a few "skills" you can do just that. These people tolerate the pressure of losing their money because they believe they are making the right move.
Doing your own market visibility and speculation is the best way to get first-hand information about any asset you want to buy, not even Bitcoin is 100% a good choice at all times.
When you get into bitcoin at the wrong time you may still lose unless you are ready to hold as long as possible, so best to get in with the right price and better to buy when the price is low to avoid accumulating losses at any slightest market turn just like what we see with Bitcoin in the last couple of weeks back.

.
.Duelbits.
█▀▀▀▀▀











█▄▄▄▄▄
TRY OUR
  NEW  UNIQUE
GAMES!
.
..DICE...
███████████████████████████████
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November 25, 2022, 08:14:42 PM
 #103

Doing your own market visibility and speculation is the best way to get first-hand information about any asset you want to buy, not even Bitcoin is 100% a good choice at all times.
Of course, bitcoins are not always the best choice all the time especially if you want to make a profit in the short term. But bitcoin is always the best choice for long term investment.

When you get into bitcoin at the wrong time you may still lose unless you are ready to hold as long as possible, so best to get in with the right price and better to buy when the price is low to avoid accumulating losses at any slightest market turn just like what we see with Bitcoin in the last couple of weeks back.
And this is where analysis is needed. Knowing when is the best time to enter the market is important to increase your chances of making big profits in the long term. Usually people are advised to buy every dip and collect bitcoins, and to be honest it is very profitable if they are willing to hold it.

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November 25, 2022, 08:20:36 PM
 #104

You will never make a profit because it is best to DYOR first and get sufficient knowledge and skills. for you to end up in reliable decisions that will make you profitable in the end.

Bitcoin will continue to rise in the long term but if you want to be more profitable I suggest to keep speculating the price and know when is the best time to buy rather than relying on news alone which I don't think is a good mindset for an investor.

and don't forget that there is a widespread perception that with a few "skills" you can do just that. These people tolerate the pressure of losing their money because they believe they are making the right move.
Doing your own market visibility and speculation is the best way to get first-hand information about any asset you want to buy, not even Bitcoin is 100% a good choice at all times.
When you get into bitcoin at the wrong time you may still lose unless you are ready to hold as long as possible, so best to get in with the right price and better to buy when the price is low to avoid accumulating losses at any slightest market turn just like what we see with Bitcoin in the last couple of weeks back.

Well if you are in for the long haul, I think bitcoin is a good choice majority of the time. You can invest on altcoins, but what are the risks? we have seen two collapses that many investors think that it will not going to happen, and yet it goes down very hard bringing with it billions upon billions of investors money. So just imagine if those investors put their hard earn money to bitcoin that time, they could still be thriving and not crying on the spoiled milk in the last 2 weeks. But the damage has been done already and hopefully they learn a valuable lesson to just put their money on BTC long term.

R


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November 26, 2022, 06:09:03 PM
 #105

I accept the fact that the entire cryptocurrency industry is speculative, but also it is more speculative to those who make it a short-term priority to predict the price and those that fall into that category.
1: passive traders, because they always base their entry on
    speculated Bitcoin price.
2: short term investors
But as a long-term Bitcoin holder, you will become less concerned with the short-term price but become more focused on Bitcoin's long-term value.
So it does simply tells us that there are different type of traders whom do deal up with the market on different manner but in overall essence and goals/targets in mind then it would
really be sticking out on the same motive which is to make profits or money.
Its true that we can be at peace with Bitcoin but doesnt mean that it would really be giving out assurance that it would really be positive in the future.
This is why there are really investors who do look for other alternative or options which they cant really just stick with Bitcoin.
They are really finding other opportunities which could possibly bring them some profits.
Yes, that is the obvious goal for the majority of us, make money and profits from trading.

But there are people who doesn't like to trade, maybe they think it's a complicated thing to do, which is true and it's hard to start with. You need to have that capital to play and then the time to spend in front of your computer and have some background on technical analysis as well.

So what the majority do or at least in my end, is just to invest on BTC, through DCA and I will be good without having the difficult to trade and give me headache in the end if I lose or do something wrong in my trades.
Not only in trading but you can also make money in investing, staking and many other activities which are related to cryptos. Those who don't like to trade are opting for those as they are more easier to do. All of them needs a capital (money) except only for those faucet, bounty, sig campaigns and other similar activities because they are more like a job already.

The only thing that you need there is time and hard work in order to earn a cryptos. Staking, investing or even trading can be done without actively monitoring your screen but the rest cant possibly be. We need to choose properly if what we think can give us a peace of mind.
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November 26, 2022, 07:53:08 PM
 #106

You will never make a profit because it is best to DYOR first and get sufficient knowledge and skills. for you to end up in reliable decisions that will make you profitable in the end.

Bitcoin will continue to rise in the long term but if you want to be more profitable I suggest to keep speculating the price and know when is the best time to buy rather than relying on news alone which I don't think is a good mindset for an investor.

and don't forget that there is a widespread perception that with a few "skills" you can do just that. These people tolerate the pressure of losing their money because they believe they are making the right move.
Doing your own market visibility and speculation is the best way to get first-hand information about any asset you want to buy, not even Bitcoin is 100% a good choice at all times.
When you get into bitcoin at the wrong time you may still lose unless you are ready to hold as long as possible, so best to get in with the right price and better to buy when the price is low to avoid accumulating losses at any slightest market turn just like what we see with Bitcoin in the last couple of weeks back.

Well if you are in for the long haul, I think bitcoin is a good choice majority of the time. You can invest on altcoins, but what are the risks? we have seen two collapses that many investors think that it will not going to happen, and yet it goes down very hard bringing with it billions upon billions of investors money. So just imagine if those investors put their hard earn money to bitcoin at that time, they could still be thriving and not crying on the spoiled milk in the last 2 weeks. But the damage has been done already and hopefully they learn a valuable lesson to just put their money on BTC long term.
The general crypto market outlook is on a negative dimension for a while now and if anyone wants to dive in and take a risk on any coin it should be a more stronger coin that already has a strong community of users who are actively interacting with the market to keep its price at floats, and among other coins, the most preferred should be Bitcoin and a few of other established altcoins.

.
.Duelbits.
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November 27, 2022, 04:13:24 AM
 #107

Personally, I think It’s rare that any investment will continue to produce significant gains year over year indefinitely without any corrections. On a long enough timeline, your bound to see some fluctuations in the price and right now we’re in a dip.

However, if you look at BTC historic chart you can easily spot that proceeding every dip was healthy gains and eventually a new all time high. My strategy is to be patient, hold long and I’m fairly confident we will see BTC hit 100k by late 2023.

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November 27, 2022, 02:09:15 PM
 #108

Personally, I think It’s rare that any investment will continue to produce significant gains year over year indefinitely without any corrections. On a long enough timeline, your bound to see some fluctuations in the price and right now we’re in a dip.

However, if you look at BTC historic chart you can easily spot that proceeding every dip was healthy gains and eventually a new all time high. My strategy is to be patient, hold long and I’m fairly confident we will see BTC hit 100k by late 2023.

Most people complain because they can't be patient with falling prices, whereas for those who have strong patience and can last a long time holding bitcoin a drop is an opportunity for those who can do it. The history of bitcoin prices is indeed very promising, and this year the price of bitcoin touched the 4-year price and has the potential to climb back up and reach ATH again. However, when it is certain when it is our job to be able to analyze it better, so it will be extra work for us.

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November 27, 2022, 08:29:04 PM
 #109

Personally, I think It’s rare that any investment will continue to produce significant gains year over year indefinitely without any corrections. On a long enough timeline, your bound to see some fluctuations in the price and right now we’re in a dip.

However, if you look at BTC historic chart you can easily spot that proceeding every dip was healthy gains and eventually a new all time high. My strategy is to be patient, hold long and I’m fairly confident we will see BTC hit 100k by late 2023.

Most people complain because they can't be patient with falling prices, whereas for those who have strong patience and can last a long time holding bitcoin a drop is an opportunity for those who can do it. The history of bitcoin prices is indeed very promising, and this year the price of bitcoin touched the 4-year price and has the potential to climb back up and reach ATH again. However, when it is certain when it is our job to be able to analyze it better, it will be extra work for us.
One of the major reasons why some investors always run into losses is because of the fact that, their lack the patents to wait on the market to recover before they make a sell decision and if the market is down they constantly look for means to cut losses and in the process lose their initial capital.
But if one has the right knowledge about bitcoin and its market movement, it will become easier to find for long and be at peace knowing that your invested capital is safe when is in Bitcoin.

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.Duelbits.
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November 27, 2022, 08:59:32 PM
 #110

Having your own analysis can be considered as a speculation so I think it’s very normal for a trader and investor to speculate the price no matter how good the coin is.

Yes Bitcoin will continue to rise in the long run but if you want to be more profitable, I suggest to continue speculate the price and know when is the best time to buy instead of relying to the news alone which I think is not a good mindset for an investor.

That is what many people failed to understand.  The cryptocurrency industry by its nature is purely speculative and there's no hoe you will be in the industry that you don't speculate in one way or the other. No one knows where the bottom will be, as a matter of fact we don't know what price bitcoin will be at on 15th November, 2022. The only way out is to continue to speculate. And people whose speculations are more accurate rules the industry.

So, it is high time we began to deal with speculation, FUD, FOMO etc because they are part of the cryptocurrency industry and they will remain with it as long as it exists.
I accept the fact that the entire cryptocurrency industry is speculative, but also it is more speculative to those who make it a short-term priority to predict the price and those that fall into that category.
1: passive traders, because they always base their entry on
    speculated Bitcoin price.
2: short term investors
But as a long-term Bitcoin holder, you will become less concerned with the short-term price but become more focused on Bitcoin's long-term value.

So it does simply tells us that there are different type of traders whom do deal up with the market on different manner but in overall essence and goals/targets in mind then it would
really be sticking out on the same motive which is to make profits or money.
Its true that we can be at peace with Bitcoin but doesnt mean that it would really be giving out assurance that it would really be positive in the future.
This is why there are really investors who do look for other alternative or options which they cant really just stick with Bitcoin.
They are really finding other opportunities which could possibly bring them some profits.

Yes, that is the obvious goal for the majority of us, make money and profits from trading.

But there are people who doesn't like to trade, maybe they think it's a complicated thing to do, which is true and it's hard to start with. You need to have that capital to play and then the time to spend in front of your computer and have some background on technical analysis as well.

So what the majority do or at least in my end, is just to invest on BTC, through DCA and I will be good without having the difficult to trade and give me headache in the end if I lose or do something wrong in my trades.
When you dont like to trade, then so be it. We do have our own choices in life which would end up on different situations basing on those conditions.So it wont really be that much of an issue.

Whether you do trade or not then it wont really be on others business on what you should gonna do with your investment.It is really just normal for people to go along with the herd or commonly been done.

Its true that it is really that much safer when you do go with Bitcoin and hold for long term but as i said that not all does have the patience on doing so.
But at least we do really have options whether we do go for Bitcoin purely or would tend to make or get involved with other coins in the market.

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December 02, 2022, 08:39:06 PM
 #111

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.
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December 04, 2022, 08:16:23 AM
 #112

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

Proper analyzation and right timing before you venture your investment with bitcoin, with the high volatility that is present inside this industry, knowing your position either long or short is always depending on your understanding.

The preparation is very important. You need to make sure that you are doing the right research and
you are already filled with the right sets of knowledge to patiently wait.

Your call is always the final decision making. Make sure that you are in the right direction when planning
and executing your strategy.
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December 04, 2022, 09:07:16 AM
 #113

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

Speculation is an integral part of trading as well as investing, although bitcoin is a good investment that always grows over time. If we want big profits, we need to buy it at a reasonable price. Assuming we don't follow the market, don't analyze the market, and just buy and buy, then if we bought at ATH $69k last year, we wouldn't be able to make a significant profit when bitcoin hits $100 k, but if we buy at 17k, the profit is very different.

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December 04, 2022, 08:56:20 PM
 #114

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

Speculation is an integral part of trading as well as investing, although bitcoin is a good investment that always grows over time. If we want big profits, we need to buy it at a reasonable price. Assuming we don't follow the market, don't analyze the market, and just buy and buy, then if we bought at ATH $69k last year, we wouldn't be able to make a significant profit when bitcoin hits $100 k, but if we buy at 17k, the profit is very different.

There could also be investors who may have bought it at the top, then continue to hold. Or probably sold it later, and then buy when the price goes down like when it reaches $15,500. So there are a lot of strategies that we might have to test out ourselves not just simply buying and holding. And this could also be true for those who want to take risk to speculate about the price even if it is very volatile. Maybe they have the a previous background already.

But for those who doesn't want that risk, so yeah, probably just continue to accumulate overtime, specially if they have investment what they can afford to lose.

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December 06, 2022, 05:05:14 AM
 #115

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.
there is no such word "Properly speculated" mate because that is why it was called speculation meaning there is no assurance of this or that.

Quote
Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.
not all Good but this is the best mate, for 13 years I guess? bitcoin proven how much this could bring us , this can even make many people richer over time.









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December 06, 2022, 11:18:35 AM
 #116


There could also be investors who may have bought it at the top, then continue to hold. Or probably sold it later, and then buy when the price goes down like when it reaches $15,500. So there are a lot of strategies that we might have to test out ourselves not just simply buying and holding. And this could also be true for those who want to take risk to speculate about the price even if it is very volatile. Maybe they have the a previous background already.

But for those who doesn't want that risk, so yeah, probably just continue to accumulate overtime, specially if they have investment what they can afford to lose.
Buy the dip and sell at high - that is the strategy that mostly had followed. Unfortunately, they got to struggle in holding which makes them fail to sell high and just sell low. I can see that living here and investing in crypto is hard to make peace of our mind especially if we keep looking and checking the market chart. Because the more we are updated to everyday changes, the more it affects our mindset and emotions. That is why we should not just focus on here but also to have other stuff to enjoy in order to divert our minds.

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December 07, 2022, 12:31:12 PM
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 #117

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Speculation is indeed quite troubling at the moment, many speculators continue to tell stories based on conditions that are not like facts, so these conditions affect some beginners who do not understand the concept of investment. Bitcoin has experienced two decades since its launch, we have seen Bullish and Bearish market conditions on its way, so knowing when is the right time to start entering the market, although Bitcoin can be purchased under any circumstances, according to the timeframe specified in the investment scheme.

Quote
Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank
The uniqueness of bitcoin lies in many aspects that fiat currency does not have, there is no physical form because there are only balances recorded in ledgers that are transparently accessed and there is no centralized control by any securities. Currently bitcoin has also experienced a considerable increase, not only used in the form of investment, but can also be used to make other transactions related to the purchase of goods or services.

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December 07, 2022, 07:28:32 PM
 #118

Buy the dip and sell at high - that is the strategy that mostly had followed. Unfortunately, they got to struggle in holding which makes them fail to sell high and just sell low. I can see that living here and investing in crypto is hard to make peace of our mind especially if we keep looking and checking the market chart. Because the more we are updated to everyday changes, the more it affects our mindset and emotions. That is why we should not just focus on here but also to have other stuff to enjoy in order to divert our minds.
People who do not realize that they should be buying it is this low, and instead sell because it is dropping is the reason why we make profits, so do not worry about them. I am happy with the situation, let them struggle with holding, let the weak hands go, people who buy at these prices and have diamond hands will end up with a lot more profit in the long run and it should be fine.

I know it is not going to be easy to handle, and I know that it is going to take a while to get used to, but people who lose money during this period loses to us, and that is what I aim at becoming, the person who makes profit thanks to these markets, the bear period is the biggest way to make money.

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December 07, 2022, 08:12:32 PM
 #119

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.
Speculation is indeed quite troubling at the moment, many speculators continue to tell stories based on conditions that are not like facts, so these conditions affect some beginners who do not understand the concept of investment. Bitcoin has experienced two decades since its launch, we have seen Bullish and Bearish market conditions on its way, so knowing when is the right time to start entering the market, although Bitcoin can be purchased under any circumstances, according to the timeframe specified in the investment scheme.
Unfortunately there are some newbies who do not understand what speculation is, and take it as a fact and that creates the biggest trouble. As we all know we should not listen to anyone who says it "will" be 15k or it "will" be 25k, we can even say it ourselves and they should still not listen to us.

Because, nobody knows what it "will" do, we know what it may do, or should do, or could do but not know what it will do. That is only up to time and time will tell us what bitcoin price will become. Do not make any type of investment just because you heard people are doing something and you want to join them and invest just like they did, they could be wrong as well.

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December 07, 2022, 11:41:54 PM
 #120

Bitcoin is always interesting for us to follow, speculation has often happened, many panic when the price of dropping so that it immediately sells, but I'm sure that Bitcoin immediately skyrocketed, as investors should be patient and not easily panic so that we can get big profits.
Bitcoin is the main trend setter on which whenever it does have some bearish movement then expect that everything in the market would turn out to be bearish.When its bullish then expect that majority of coins would
would really be doing the same.In speaking about getting that in peace with Bitcoin then of course this is what we are trying out to accumulate as much as we can.
People cant really avoid not to touch up with altcoins considering that it does also give out that chance for us to make profits too.
Honestly it is really that right or good thing to have that diversification kind of mindset.

R


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December 08, 2022, 03:49:50 AM
 #121

Unfortunately there are some newbies who do not understand what speculation is, and take it as a fact and that creates the biggest trouble. As we all know we should not listen to anyone who says it "will" be 15k or it "will" be 25k, we can even say it ourselves and they should still not listen to us.

Because, nobody knows what it "will" do, we know what it may do, or should do, or could do but not know what it will do. That is only up to time and time will tell us what bitcoin price will become. Do not make any type of investment just because you heard people are doing something and you want to join them and invest just like they did, they could be wrong as well.
Maybe not because they don't know what speculation is, but because beginners don't understand the concept of investing in bitcoin, so they are stuck with some of the speculators that continue to grow in the media. That is why following something without knowledge will not have a positive impact on them, especially if it is directly related to the investment they are making.
Speculation about prices also appears more and more with various uncertain compositions, thus making beginners even more confused to understand the concept of bitcoin investment.

Therefore, there is no need to speculate about bitcoin, because the long process that Bitcoin has gone through has shown how strong Bitcoin is in the investment system now, it is better to focus on the goals we want to achieve, buy bitcoin gradually, because when bitcoin finds recovery, then we will get big profits in the investment process that we do.

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Oasisman
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December 08, 2022, 03:57:22 AM
 #122

Personally, I think It’s rare that any investment will continue to produce significant gains year over year indefinitely without any corrections. On a long enough timeline, your bound to see some fluctuations in the price and right now we’re in a dip.

However, if you look at BTC historic chart you can easily spot that proceeding every dip was healthy gains and eventually a new all time high. My strategy is to be patient, hold long and I’m fairly confident we will see BTC hit 100k by late 2023.


Bitcoin is rare then? Coz it produces gains almost every year passed. Though we've always seen corrections along the way each and every year passed as well.
It is Bitcoin's high volatility that makes the crypto market healthy, and speculations made it.
So, regardless if you're holding long term or short term, it is inevitable not to speculate with the price as you set your own target when to sell and when to buy.
Also, $100k seems very unlikely in the whole year of 2023. I might say late in 2024, there's a good chance.

R


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December 08, 2022, 08:10:28 PM
 #123


There could also be investors who may have bought it at the top, then continue to hold. Or probably sold it later, and then buy when the price goes down like when it reaches $15,500. So there are a lot of strategies that we might have to test out ourselves not just simply buying and holding. And this could also be true for those who want to take risk to speculate about the price even if it is very volatile. Maybe they have the a previous background already.

But for those who doesn't want that risk, so yeah, probably just continue to accumulate overtime, specially if they have investment what they can afford to lose.
Buy the dip and sell at high - that is the strategy that mostly had followed. Unfortunately, they got to struggle in holding which makes them fail to sell high and just sell low. I can see that living here and investing in crypto is hard to make peace of our mind especially if we keep looking and checking the market chart. Because the more we are updated to everyday changes, the more it affects our mindset and emotions. That is why we should not just focus on here but also to have other stuff to enjoy in order to divert our minds.
Buy and stay away from the market, or in other words we don't look at the market situation every time, because it will also affect our minds. -I agree we have to do other activities that we will forget that our money is here. I think people who have jobs other than trading and being investors are the ones who have the greatest advantage doing this. Because they have other activities that allow them to be busier than a trader. How could they not, because they have the income they receive every month to meet their daily needs.
So as said before, if we don't want to continue to be in conditions that will affect our mentality. So make a purchase and let it go, we can see market conditions by making a schedule.

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December 08, 2022, 09:12:56 PM
 #124


There could also be investors who may have bought it at the top, then continue to hold. Or probably sold it later, and then buy when the price goes down like when it reaches $15,500. So there are a lot of strategies that we might have to test out ourselves not just simply buying and holding. And this could also be true for those who want to take risk to speculate about the price even if it is very volatile. Maybe they have the a previous background already.

But for those who doesn't want that risk, so yeah, probably just continue to accumulate overtime, specially if they have investment what they can afford to lose.
Buy the dip and sell at high - that is the strategy that mostly had followed. Unfortunately, they got to struggle in holding which makes them fail to sell high and just sell low. I can see that living here and investing in crypto is hard to make peace of our mind especially if we keep looking and checking the market chart. Because the more we are updated to everyday changes, the more it affects our mindset and emotions. That is why we should not just focus on here but also to have other stuff to enjoy in order to divert our minds.
Buy and stay away from the market, or in other words we don't look at the market situation every time, because it will also affect our minds. -I agree we have to do other activities that we will forget that our money is here. I think people who have jobs other than trading and being investors are the ones who have the greatest advantage doing this. Because they have other activities that allow them to be busier than a trader. How could they not, because they have the income they receive every month to meet their daily needs.
So as said before, if we don't want to continue to be in conditions that will affect our mentality. So make a purchase and let it go, we can see market conditions by making a schedule.
Really easy to say that you should really stay away from the market and wont tend to check out every now and then which it is something opposite on what most people do.
I could attest it out because i have been trying to make out some long term investment but its not really something that easy you could really stop yourself on not to peak with the current
market condition which it is really something that you cant avoid not to check.Thing here is that you should really know on how to have that control into your emotion
and really that wise on taking up good decisions which you do seem that it would be beneficial.
Jody.Drummer
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December 09, 2022, 07:25:37 AM
 #125


Buy and stay away from the market, or in other words we don't look at the market situation every time, because it will also affect our minds. -I agree we have to do other activities that we will forget that our money is here. I think people who have jobs other than trading and being investors are the ones who have the greatest advantage doing this. Because they have other activities that allow them to be busier than a trader. How could they not, because they have the income they receive every month to meet their daily needs.
So as said before, if we don't want to continue to be in conditions that will affect our mentality. So make a purchase and let it go, we can see market conditions by making a schedule.
Really easy to say that you should really stay away from the market and wont tend to check out every now and then which it is something opposite on what most people do.
I could attest it out because i have been trying to make out some long term investment but its not really something that easy you could really stop yourself on not to peak with the current
market condition which it is really something that you cant avoid not to check.Thing here is that you should really know on how to have that control into your emotion
and really that wise on taking up good decisions which you do seem that it would be beneficial.
Actually this is quite reasonable too and I understand this because it is certain that most of us, especially those who feel obsessed with crypto, will obviously always do that.
But on the other hand I think this can be changed with self-control. I don't deny that some time ago I also did the same thing because it seemed like something was missing when I didn't open the market for a day. But on the other hand, by continuing to open up the feeling of worry, in my opinion, it will get bigger and this is what actually makes us frustrated and more panic-stricken.
When we say we want to invest in Crypto, we know that it will take time, so why keep looking at the market if we don't add to our portfolio.

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December 09, 2022, 10:59:55 AM
 #126

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

After the FTX case we hear that many people are stressed and depressed, this is used by haters to continue to spread FUDS so as to make the price of bitcoin difficult rising, especially haters supported by strong sponsors so that their targets can be achieved, as investors we must be wise and always think that the risk For loss can occur at any time.



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CageMabok
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December 09, 2022, 01:49:41 PM
 #127

After the FTX case we hear that many people are stressed and depressed, this is used by haters to continue to spread FUDS so as to make the price of bitcoin difficult rising, especially haters supported by strong sponsors so that their targets can be achieved, as investors we must be wise and always think that the risk For loss can occur at any time.
Do you know these haters or those who like to spread FUDS? Because I don't think that they are supported by any sponsors in this case except they just want to buy Bitcoin at a very cheap price and get a win when Bitcoin starts to increase again. You also have to think wisely in this regard because whoever is spreading FUDS at this point, it is for the sake of carrying out their own strategy to make everyone afraid to buy anything at this time.

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December 09, 2022, 01:58:45 PM
 #128

Many encourage the long -term hold, but in my opinion as long as we have time and can be daily or weekly profit, of course this is a good thing, every morning I check the price of bitcoin then I will immediately take action to sell or buy, after buying then I immediately installed at the selling price by adding profit margin of at least 5%.

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Piesel
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December 09, 2022, 05:04:00 PM
 #129

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

After the FTX case we hear that many people are stressed and depressed, this is used by haters to continue to spread FUDS to make the price of bitcoin difficult rising, especially haters supported by strong sponsors so that their targets can be achieved, as investors we must be wise and always think that the risk For loss can occur at any time.
Yeah I had some wired story from the result of the FTX crash and so many conspiracy theories around the scam exit from the CEO, a lot have been unraveling but the ultimate question is will the investor get their money back?

Alot has happened and some have even committed suicide due to the FTX scam result because some people had their entire life saved and wiped off by the scam exchange.
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December 09, 2022, 07:34:42 PM
 #130

Many encourage the long -term hold, but in my opinion as long as we have time and can be daily or weekly profit, of course this is a good thing, every morning I check the price of bitcoin then I will immediately take action to sell or buy, after buying then I immediately installed at the selling price by adding profit margin of at least 5%.

Well, my advice to you would be this.  Find the wealthiest people in crypto you know, and ask them how they did it.  Then find the person who bankrupted themselves with crypto and ask them how they did it.  I think we all know how those two conversations would go.  The wealthy person would say they believed in the idea of Bitcoin and purchased to hold while ignoring the daily movements.  The bankrupted person will tell you the story of how they traded altcoins and got their portfolio up to millions of dollars before losing it all when the shitstorm swept away all the shitcoins.  You probably know this already deep inside, but you think you'd the exception to the rule and will beat the 95% of traders who lose all their money.  My advice, listen to the folks who have made it in this industry, and I'm fairly sure none of them will tell you trading is the way.

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Piesel
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December 09, 2022, 09:24:41 PM
 #131

Many encourage the long -term hold, but in my opinion as long as we have time and can be daily or weekly profit, of course this is a good thing, every morning I check the price of bitcoin then I will immediately take action to sell or buy, after buying then I immediately installed at the selling price by adding profit margin of at least 5%.

Well, my advice to you would be this.  Find the wealthiest people in crypto you know, and ask them how they did it.  Then find the person who bankrupted themselves with crypto and ask them how they did it.  I think we all know how those two conversations would go.  The wealthy person would say they believed in the idea of Bitcoin and purchased to hold while ignoring the daily movements.  The bankrupted person will tell you the story of how they traded altcoins and got their portfolio up to millions of dollars before losing it all when the shitstorm swept away all the shitcoins.  You probably know this already deep inside, but you think you'd the exception to the rule and will beat the 95% of traders who lose all their money.  My advice, listen to the folks who have made it in this industry, and I'm fairly sure none of them will tell you trading is the way.
Trading can be risky sometimes and can't make wealthy cryptocurrency investors since whatever profits are made from trading can still be lost to trading and that is the gambling life of a trader.

The best way to go is to buy Bitcoin and lock it away for the long term, this way one is sure of one thing, which is not losing the Bitcoin value, and if the DCA of Bitcoin sees an uptrend development then the holder will make good amount if he decides to get the Bitcoin converted.
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December 09, 2022, 10:07:22 PM
 #132

Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
But still, if you read the news sometimes on the internet and encounters the bad news of Bitcoin. You might speculate about the price is about to going down or not, that also does apply to other people like whales or billionaires out there where they can control the market really easy.

Stuff like that does happens sometimes.

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Raflesia
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December 09, 2022, 10:52:48 PM
 #133

Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank.
But still, if you read the news sometimes on the internet and encounters the bad news of Bitcoin. You might speculate about the price is about to going down or not, that also does apply to other people like whales or billionaires out there where they can control the market really easy.

Stuff like that does happens sometimes.
This cannot be avoided, especially with the condition where everyone always tries to become a speculator to see whether the research he is doing is right or wrong.
On the other hand, our curiosity cannot be denied in any way, so when we try to research, of course we want a temporary answer, whether this will actually go well or not, especially with the current conditions, where it seems that curiosity is always high for bitcoin.

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