Why speculate when you can be at peace with Bitcoin

[dezoel]

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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[Zilon]

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

[South Park]

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.

[Lanatsa]

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.

[Wawa2013]

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.

[Kelvinid]

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.

[Chato1977]

You hate speculation and yet you are here on the speculations board.

Lol that's rude but true 

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.

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.

[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.

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.

[peter0425]

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.

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.

[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.

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.

[Viscore]

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.

[Baofeng]

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.

[ethereumhunter]

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.

[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.

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.

[Ziskinberg]

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.

[justdimin]

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.

[YOSHIE]

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.

[Ayers]

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

[Yatsan]

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.

[aylabadia05]

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.