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Author Topic: Is risky to invest this period  (Read 1799 times)
lovesmayfamilis
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March 18, 2023, 10:47:34 AM
 #21

I am more than sure that not only is the OP not investing his money in Bitcoin, he simply does not have the opportunity to do so. And out of resentment at everyone, because he does not succeed, he draws such conclusions. Follow his posts, somewhat deleted; as a newbie, he tries to create an account for himself, but everything does not go as he wants. I know that this is not his first account; several accounts are already banned, but he categorically does not want to study and continues to whine and create stupid topics.
OP, start reading the forum finally and understand one thing: bitcoin has a future, and while you are crying, people are gaining knowledge.

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March 18, 2023, 10:50:50 AM
 #22

From the look of things bitcoin price will not come up soon,

You must not be following the market, or you're stuck in your own world of falling prices.

At the time of your post  bitcoin was trading at 27k and now 27.4k It literally went up before and after your post Cheesy
You've been destroyed by honey badger bitcoin.

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March 18, 2023, 01:32:07 PM
 #23

What are you waiting for? Its always risky all way around, the only thing you shouldn't do is buy in a bull market, you are safe to accumulate in any bear market is your goal is long term, if you sit around and wait Bitcoin bull will begin when you least expected and the train would have been long gone.

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March 18, 2023, 05:11:08 PM
 #24

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

If you are really interested in investing then bro remember always " It's never late to start" just do it whenever you realize but all you need is to figure out the market situation and adopt the investing strategy accordingly. In different market times you can start with different strategies but a universal strategy that can help you in every situation is DCA  . Bro according to your friend's current situation I will just suggest you not follow bulk investment and go with DCA as whenever the market is in a consolidation zone DCA works well.

Buy and Hold: It is the most common strategy adopted in the bear market.
Average Costing: Average costing is quite similar to the DCA.



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March 18, 2023, 10:45:55 PM
 #25

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

When did he invested this $2000? Is it at the peak? I'm so surprised with this your 5× money lost due to Bitcoin bearish movement. I will advice your friend to hold is coin in his wallet as he will definitely make back is money soon.

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March 19, 2023, 01:45:12 AM
 #26

I am more than sure that not only is the OP not investing his money in Bitcoin, he simply does not have the opportunity to do so. And out of resentment at everyone, because he does not succeed, he draws such conclusions. Follow his posts, somewhat deleted; as a newbie, he tries to create an account for himself, but everything does not go as he wants. I know that this is not his first account; several accounts are already banned, but he categorically does not want to study and continues to whine and create stupid topics.
OP, start reading the forum finally and understand one thing: bitcoin has a future, and while you are crying, people are gaining knowledge.

In these times it is really good to buy or save bitcoin and other altcoins that we think can provide good savings in the future.

   Apart from that, it seems that we have entered the bullish season, but we should not be complacent due to the volatility of cryptocurrency. It's hard to keep up with the experts when it comes to trading activity especially if we know that we don't know enough about it. Better to just put it on hold while we learn more about this industry.



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March 19, 2023, 05:12:20 AM
 #27

It is always a risk when it comes to the word of "invest". at this moment bitcoin just broke 25K level and the weekly candle should be top of 200 EMA that indicate that bull will be there.

You can buy bitcoin at 25k level or just buy now with Dollar Cost Averaging. This year we are not gonna see All time High but small bull might there.

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March 19, 2023, 07:17:36 AM
 #28

Yes, holding on and staying calm will improve in an uncertain market because we will see opportunities to buy bitcoins at low prices. Actually it's okay if we are currently at a loss in terms of the asset's value because one day, the bitcoin price must experience a price spike and exceed the last ATH yesterday.

And you can tell your friend to hold on to his bitcoins and not panic and keep buying more if he still has money. Moreover, the current bitcoin price is still low and has not touched the price of $ 30k or more. So this is a good opportunity to increase the number of bitcoins so that when the price goes up, we can sell them for a big profit.

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March 19, 2023, 08:27:29 AM
 #29

It is always a risk when it comes to the word of "invest". at this moment bitcoin just broke 25K level and the weekly candle should be top of 200 EMA that indicate that bull will be there.

You can buy bitcoin at 25k level or just buy now with Dollar Cost Averaging. This year we are not gonna see All time High but small bull might there.
Yeah right, just do DCA whenever there is an opportunity to take advantage of erratic market movements like today to get cheap prices when there is a decline, it will take another year we are in a bullish period which is most likely to occur in the estimate after the bitcoin halving in 2024 , so for now there is nothing wrong if we plan to do DCA to accumulate bitcoin so we don't miss the train to the next bull market which will provide a very large return, especially for bitcoin holders.

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March 19, 2023, 11:20:52 AM
 #30

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.
Your friend shouldn't be surprised because this has happened to many people before. However, the wise ones were able to recoup their losses by holding on for a longer period of time, whereas others were forced to sell. Bitcoin price has always be volatile and cannot be predicted so the best time to invest in bitcoin is in times like this when the price is down. It’s advisable for your friend to keep holding no matter the outcome because better days are ahead.

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March 19, 2023, 11:53:26 AM
 #31

First of all, everyone should be aware that any investment is a risk, not just investing in crypto.
Before any investment, you should prepare well, inform yourself about the crypto industry, learn how to analyze the market and then, based on your own learning and research, make the best possible investment decision for yourself.
If someone invests in crypto based on something they heard on TV or read on an internet forum or heard from a friend, without a serious investment plan and market analysis, that is not serious investment but gambling.
In order to be able to do any job, you must first learn to do it through practice and study. I don't understand why many people think that investing in crypto is different and that they just need to invest money and wait for a big profit.
Before any investment, you should analyze the market in detail, make a concrete investment plan and a clear exit strategy.

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March 19, 2023, 01:41:55 PM
 #32

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

To be honest, I am a long term investor and always DCA every time I have money. In 2022, I bought some bitcoin at a higher price than the current price, and I don't see risk, so saying this period of investment is risky is not correct. It all depends on whether you invest long term or short term, if you are determined to hold bitcoin for the long term, this price is still too cheap to buy. Although bitcoin is up more than 50% since the bottom, if you compare it to old ATH or you are looking for new ATH, then buy as soon as you can at this price.

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March 19, 2023, 11:41:04 PM
 #33

To invest now requires a person who is an experienced trader and not just some sort of newbie. At this point, Bitcoin is really making moves to reach $30k, which might be possible before the month ends or just in few days, who knows. It may be risky to invest now for those who don't know how to manage the risk or those that don't want to hold for a long time but if you plan on holding for a long period, there is not issues buying now.

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March 20, 2023, 04:14:48 AM
 #34

Hold on, but if you must buy now be wise to use spare income.

This should be obvious for volatile assets such as Bitcoin. Still, I think current period is good time to invest in, in few years down the line, you should be able to reap good profits.

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March 20, 2023, 03:00:09 PM
 #35

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.
The fall in investments of an imaginary friend from $2000 to $400 is conditional, because he had the N-th amount of bitcoin on his wallet, and continues to be there. The number has not changed. As long as imaginary friend has not recorded a loss, then there is no loss.

As you may have noticed, bitcoin's price has risen noticeably in recent days due to the bankruptcy of SVB and the fear created by this situation. People are trying to secure their money outside of banks. This is likely to spur to growth and the approximate direction of btc becomes obvious in the near future.

Investing in bitcoin is always risky. Regardless of the selected period.

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March 20, 2023, 03:17:08 PM
 #36

Thats part of risk. Maybe he did bought during the price is really high. Thats why dca is a good practice to average loss and price value. Cauae if you bought at top then youll need some funds to buy at lower price to make it up for that highly bought. Its still good to buy bitcoin now since its started to mive back. But doing that in a specified time may save you from paicking or fomoing into higher price. Thats the thing about investors mind but if you are a trader youll need a lot of things to consider in a short period of time.

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March 20, 2023, 03:55:52 PM
 #37

To invest now requires a person who is an experienced trader and not just some sort of newbie.
You have to distinguish between investing and trading. both have different plans. some people invest by buying in stages. so they don't care about the market situation. but some people like to buy when the market is in bad shape. but usually, those waiting for a dump to buy aren't strong enough to hold onto the asset. they prefer to offload their Bitcoins when the pump happens and some profits hit the pocket.
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March 20, 2023, 08:13:32 PM
 #38

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.
I don’t know the coin your friend bought with $2000 which she is left with just $400, but am sure he bought altcoin with it, if he purchased bitcoin, am sure his money won’t dump just the way you said. You said if anyone is investing in crypto currently, the should only invest with there spare income, that’s what we should always do even when the market is stable, invest with your extra funds and don’t invest all your money.

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March 21, 2023, 05:56:12 AM
 #39

If you had purchased Bitcoin some months ago instead of buying at a high rate to lose 600$ you'd be making it big by now. This should be the best time to invest in Bitcoin cause in few years time, we do not know how sell Bitcoin would have grown

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March 25, 2023, 04:51:11 PM
 #40

If you had purchased Bitcoin some months ago instead of buying at a high rate to lose 600$ you'd be making it big by now. This should be the best time to invest in Bitcoin cause in few years time, we do not know how sell Bitcoin would have grown
there is always something to be received for buying bitcoins, both then and now. keep in mind that the era of the halving period is only a matter of time and will occur in Q1 next year, so don't hesitate to continue investing and buying bitcoins immediately.
remember, the bull market will occur next year in the near future, don't miss this opportunity.

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