Why speculate when you can be at peace with Bitcoin

[TravelMug]

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.

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[Vaculin]

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.

[carlfebz2]

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.

[Yogee]

.... 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.

[Silberman]

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.

[CageMabok]

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.

[yudi09]

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.

[traderethereum]

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.

[tabas]

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.

[goaldigger]

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.

[tabas]

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.

[Hamphser]

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.

[Oceat]

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.

[adaseb]

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.

[rodskee]

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.

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..

[ethereumhunter]

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.

[Ararbermas]

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.

[tabas]

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.

[Dave1]

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.

[KingsDen]

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.