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Author Topic: Is it safe to buy now?  (Read 1659 times)
lalabotax
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January 17, 2023, 09:18:09 PM
 #61

No one knows for sure when the bull market will come, although in recent weeks the market has been seen crawling up slowly but the current increase does not mean that the bear market will end, maybe this is just a fortress trap,
This what it makes really that hard to deal and guess with on which there's no way we could really be able to determine whether we are on the bottom now or not.
It is like this. What is usually a sign that the market will actually bullrun is when it has passed the Bitcoin halving. Whereas in this bearish phase, we haven't passed the halving yet, right? So I don't think this is the beginning of a bull run. This may be a temporary increase that will not be too significant. I am sure there will be another market correction later and there will be a positive trend again. This cycle will continue to repeat. that's why we should be more understanding, wise, and also precise when we want to invest. that is, when there is a decline, then we can use Dca as exemplified by many people. Instead of buying when it starts to rise.

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January 17, 2023, 09:41:26 PM
 #62

No one knows for sure when the bull market will come, although in recent weeks the market has been seen crawling up slowly but the current increase does not mean that the bear market will end, maybe this is just a fortress trap,
This what it makes really that hard to deal and guess with on which there's no way we could really be able to determine whether we are on the bottom now or not.
It is like this. What is usually a sign that the market will actually bullrun is when it has passed the Bitcoin halving. Whereas in this bearish phase, we haven't passed the halving yet, right? So I don't think this is the beginning of a bull run. This may be a temporary increase that will not be too significant. I am sure there will be another market correction later and there will be a positive trend again. This cycle will continue to repeat. that's why we should be more understanding, wise, and also precise when we want to invest. that is, when there is a decline, then we can use Dca as exemplified by many people. Instead of buying when it starts to rise.
DCA is the best option in this kind of market. Whether the current situation is temporary or not, at least we know that the market will never stay at dip but also have the chance to rise. As we beat the $20,000 for Bitcoin, it certainly gives us hope that Bullrun is not impossible and this is to correct those who think the market will collapse.
Yes, Bullrun always happen after halving, so buying now is still safe unless we are buying useless altcoins.

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January 17, 2023, 11:03:59 PM
 #63

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

Actually we can't conclude that the market is on bullish now because it's on a green color, i have started this before on another thread that i come across. That if bitcoin price is not exceed twenty thousand or thirty thousand we can not openly say that we are in bullish, at least this is a example that we shall experience positivity in Bitcoin come this 2023

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January 18, 2023, 08:40:37 AM
 #64

While the market is still technically in a bear market, investor sentiment is improving.
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January 18, 2023, 10:20:45 AM
 #65

While the market is still technically in a bear market, investor sentiment is improving.


Improving to the extent that market is doing a good performance. And those negative sentiments has been change since the speculation of people are in bullish condition now. For sure this is the slow start for getting on that situation since maybe we can feel this year the bullish run or recovery phase of bitcoin.

R


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January 18, 2023, 10:59:43 AM
 #66

No one knows for sure when the bull market will come, although in recent weeks the market has been seen crawling up slowly but the current increase does not mean that the bear market will end, maybe this is just a fortress trap,
This what it makes really that hard to deal and guess with on which there's no way we could really be able to determine whether we are on the bottom now or not.
It is like this. What is usually a sign that the market will actually bullrun is when it has passed the Bitcoin halving. Whereas in this bearish phase, we haven't passed the halving yet, right? So I don't think this is the beginning of a bull run. This may be a temporary increase that will not be too significant. I am sure there will be another market correction later and there will be a positive trend again. This cycle will continue to repeat. that's why we should be more understanding, wise, and also precise when we want to invest. that is, when there is a decline, then we can use Dca as exemplified by many people. Instead of buying when it starts to rise.
DCA is the best option in this kind of market. Whether the current situation is temporary or not, at least we know that the market will never stay at dip but also have the chance to rise. As we beat the $20,000 for Bitcoin, it certainly gives us hope that Bullrun is not impossible and this is to correct those who think the market will collapse.
Yes, Bullrun always happen after halving, so buying now is still safe unless we are buying useless altcoins.

Unless you are wasting your time and money in hope that you are holding some assets that offers quick profits, those are the misconceptions when some good market movement is ongoing, traders who bought alts thinking that it will pump hard during the bullrun are people who mostly regret their investment.

A quick pump from scam assets can be performed by the scam developers/teams behind. Best to choose projects that already have
good foundation and established communities.


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January 18, 2023, 11:19:35 AM
 #67

While the market is still technically in a bear market, investor sentiment is improving.


Improving to the extent that market is doing a good performance. And those negative sentiments has been change since the speculation of people are in bullish condition now. For sure this is the slow start for getting on that situation since maybe we can feel this year the bullish run or recovery phase of bitcoin.
Im not really that making myself that confident out of those people who do switch up from bears to bullish real quick which it is really that a normal approach and even myself would really be thinking that but i would really be that much prefer on seeing those bearish sentiments out of a bull or positive market on which i would really love to see on different approach about minding about possible correction or dip after some overbought
condition which it is always im that a fan when it comes to this moment.I do prefer because im really that anticipating and trying to catch out cheaper prices.Sell when you are in gains or profits
and then buyback when you do see reds or considerable cheap price.Sounds easy but its never been that simple.

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January 18, 2023, 01:07:09 PM
 #68

I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
So, you want to buy some coins in the form of what method you want to apply, trade or invest in the future.

Suggestion:
Bitcoin is a good destination right now, if you want to trade and some other types of cryptos like Ethereum, BNB maybe, your chances of getting good profit in the next few days, maybe next.

But if you focus on altcoins or other types of crypto in general for investment, my speculation is also a suitable move at this time, maybe the bear market is at bottom, only you need to wait for the bull market in the future.

R


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January 18, 2023, 02:03:34 PM
 #69

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

After a long period of time, the market has once again seen some growth. This cannot be said to be the beginning of a bullish trend. But this movement was needed. I think the current market condition is very suitable for investment. The market is likely to grow further in the future. But a new investor should keep a few things in mind before investing. Bitcoin price is now slightly above $21000 if an investor buys now and then the price falls below $18000 or $19000 it is possible to overcome it as Bitcoin bullish trend can start anytime. US inflation slowed slightly following last month's report which is very positive for Bitcoin. I think it is very safe to invest at this time but hundred percent safe investment can never be expected in crypto.

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January 18, 2023, 02:49:54 PM
 #70

After a long period of time, the market has once again seen some growth. This cannot be said to be the beginning of a bullish trend. But this movement was needed. I think the current market condition is very suitable for investment. The market is likely to grow further in the future. But a new investor should keep a few things in mind before investing. Bitcoin price is now slightly above $21000 if an investor buys now and then the price falls below $18000 or $19000 it is possible to overcome it as Bitcoin bullish trend can start anytime. US inflation slowed slightly following last month's report which is very positive for Bitcoin. I think it is very safe to invest at this time but hundred percent safe investment can never be expected in crypto.
Local growth was quite expected, but another thing is that it happened very quickly, and this was exactly what was unexpected. Bitcoin has made a good growth, and moving up is not so easy, the 21k level has so far proved to be insurmountable. And now it seems more likely to me that price will fall a little.

Yes, it is still profitable to buy, but personally I have taken a little pause for now to see what happens next, as I expect a pullback.

I'm not sure that inflation is actually as positive as it looks on paper. It is still tangible, and in the future it will be reflected in prices, even if there is a slight slowdown. For Bitcoin, this is always good news in the long run.

R


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cytpoway121
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January 18, 2023, 02:57:33 PM
 #71

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.


In cryptocurrency, "every time is a good time to buy, every time is a safe time to buy". Your focus at every time should be on the coins that you want to invest in and their steps. Is it the right time to ape into the coin?
Is the entry good enough according to your own research?
is the price conveniently low for you to secure your bag?
Will a dip in btc not crash the token if i ape in now ?

These are answers you need to answer with regards to the particular coin you want to invest in.
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January 18, 2023, 03:02:22 PM
 #72

...I think it is very safe to invest at this time but hundred percent safe investment can never be expected in crypto.

I think OP is making a common mistake by buying coins when they have reached a local high. After all, it is obvious that after such a rapid price increase, a correction of bitcoin will be required, which will entail a decrease in the price for altcoins.

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Cryptomiles1
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January 18, 2023, 03:29:36 PM
 #73

...I think it is very safe to invest at this time but hundred percent safe investment can never be expected in crypto.

I think OP is making a common mistake by buying coins when they have reached a local high. After all, it is obvious that after such a rapid price increase, a correction of bitcoin will be required, which will entail a decrease in the price for altcoins.

What if there is no corrections and the market get more higher at then op might keep regretting for not buying at the time required.
How do you think op would feel at that point?
All this depends on the individuals, for instance, newbie may decides to jump into the market now and when the market tries to make reversal or correction, it might went lower than purchase price which as a newbie might keep panicking. So a real investors or traders already knew their entry and exit point. As for me, to be at the safe side he should buy worth of 30 percent of his capital and wait a bit to see if there would be a correction within few days before he could further to buy more.
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January 18, 2023, 03:32:45 PM
 #74

you should buy waves and btc. Besides, you can buy shib and eth. I invest my money in many coins by a little amount. These coins are safe and secure to me. You can also search in coin cap Market which shows you every details about the crypto currencies.

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January 18, 2023, 03:54:03 PM
 #75

Well, I believe that OP missed the chance to buy at a cheaper price. He might regret of not doing it and now asking if a possible dump may occur after this which probably worries him to invest.
It was indeed right, time doesn't matter a lot as long as we don't buy during the ATH. But what really matters now is not investing earlier while the market is still in the correction period. OP could realize soon the mistake he made. Investing in crypto can be profitable long-term and so we should be patient enough.
Waiting for the end of the correction period will be better, but to be able to find out, technical analysis is needed because without using technicals there is nothing you can predict and determine. Enter when the correction price is the lowest then it will be more profitable.
Long-term investment will indeed provide greater profits if you buy in large enough quantities and are patient waiting for the price to reach the top point. Don't panic and be too greedy
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January 18, 2023, 04:04:37 PM
 #76

I think OP is making a common mistake by buying coins when they have reached a local high. After all, it is obvious that after such a rapid price increase, a correction of bitcoin will be required, which will entail a decrease in the price for altcoins.

What if there is no corrections and the market get more higher at then op might keep regretting for not buying at the time required...

1 hour have passed since my last publication, and we saw a correction of bitcoin by 800 points and a corresponding reset of altcoins. Whether this correction will continue further, we will find out in the near future. It is possible that there will be no further correction, and this price will serve as a starting point for further growth.

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January 18, 2023, 05:55:07 PM
 #77

you should buy waves and btc. Besides, you can buy shib and eth. I invest my money in many coins by a little amount. These coins are safe and secure to me. You can also search in coin cap Market which shows you every details about the crypto currencies.
BTC mainly, and ETH if you want to give it some slack.

Little amount in every coin sounds like a good investment but in reality you are only buying dust amounts. Compare it yourself if the added amount is used to buy bitcoin only over longer spans of time and that projected profit against all the shitcoins over the same time and you will see the difference. This could be a worthy exercise for many you newbies out there.

Aggregator sites will show you the top coins but what to buy should be driven by their history and previous charts, not that shady coin which went up 400% overnight.

 
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January 18, 2023, 07:06:51 PM
 #78

Why are still asking about buying today? Did you not buy when the price was so cheap under $20k a few weeks ago, and you are still wondering if it is safe to buy now. if you missed yesterday's discount price it was a moment that might not be repeated again when Bitcoin was above $ 20k and continues to stabilize. If you want a lower price, wait until you reach a new ATH again. Actually buying now or whenever is a good decision, because you start investing and target what price will be reached to make a profit. Don't wait for the price to get more expensive.
Well, I believe that OP missed the chance to buy at a cheaper price. He might regret of not doing it and now asking if a possible dump may occur after this which probably worries him to invest.
It was indeed right, time doesn't matter a lot as long as we don't buy during the ATH. But what really matters now is not investing earlier while the market is still in the correction period. OP could realize soon the mistake he made. Investing in crypto can be profitable long-term and so we should be patient enough.
Maybe OP bought at that price when everyone said buy it? I do not know but I had a small tiny entry at 16k levels as well, considering all the other times I bought, this didn't really made any big impact but I knew that it was a good time to buy and I bought it.

I suggest everyone to keep buying at these prices as well because it means that if you buy right now there is still a chance to make more than x3 profit at the end of the day. That is at least x3 because ATH is right there and it means that there is a chance you could make even more money if we break over ATH and I am sure that eventually we will. So at the end of the day just keep on holding and buying.
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January 18, 2023, 07:46:34 PM
 #79

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

Since you're a beginner and don't yet know when the market is actually in a bullish season, I'll advise you not to buy many coins and instead make Bitcoin your top priority investment. You can DCA in Bitcoin weekly or daily depending on your income; just make sure the amount you invest is what you can afford to lose.
Keep your coin away from exchange websites, get a hardware wallet back up the seed phrase offline and put your coin there.

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January 18, 2023, 08:34:01 PM
 #80

While the market is still technically in a bear market, investor sentiment is improving.
Right on the money, price action does suggest that markets are still bearish but whatever we seeing atm is counter trading... Unless markets cross that 22-25k region then we can safely say we are bullish and broken the the current trading range.

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish.
Let those greens not deceive you, even a simple buy on an exchange does trigger this but if you want to know when the market is bullish or bearish invest some time to learn how to trade: this trade is the one that you get to interpret candlestick movements, multitime frames etc then you will have the edge over the markets.

I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

The only funny thing about these markets is nobody wants to buy when the market is red, but when it turns green this is when our alarm bells ring so that we can buy but good thing about crypto.. there is no right or wrong time to buy.

 
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