What is your take on the price?

[ethereumhunter]

~

Although price is not as big as before and price starting to recover we cannot still be so sure if this is good time to buy since maybe there will be another series of backward movement of the market and that one is what we need to monitor so that we can get a high chance to earn when bullish situation came or even the halving season hype nearly occur. I believe to many things will still happen to the market so if you cannot afford to hold for 1 or more years better play with the market movement because this can make us earn more bitcoins.

I feel that this is a critical time for bitcoin, where the price can still go higher or even go down again and there will be a correction because now the market is almost at the end of the week. But even so, the market will get a reversal so we will see a price increase from the current price to a higher price. So we have to be able to hold onto bitcoin tightly and don't forget to keep buying bitcoin again if we have money. Don't panic if you read news or videos about market predictions because no one knows for sure either.

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[Bitcoin2009]

Those who buy cheap bitcoin or when it was on the floor at the end of last year can sell and profit more than 70%, bitcoin indeed promises big profits because of good price fluctuations, but as traders we must be aware of various surprises that can happen at any time, prices easily fluctuate due to major issues or FUDs.

[ancafe]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

What high price do you mean? because the period after ATH the price of bitcoin tends to decrease and in my opinion bitcoin can be bought under any conditions because it is a long-term investment, so the buying period can be maintained with a long-term pattern. If you don't understand how to invest, then you should try to take chances when the price drops and learn the correct investment techniques, so that there is no big panic when bitcoin is corrected.

Unless you intend to trade short term and I think if you intend to trade short term it is not possible to buy bitcoins on a rising price, for this month there has been rapid progress for the bitcoin price and the positive trend is likely to continue into the next month.

[bitterguy28]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

this is why you must consider knowing what is your main target in this investment , if you are for short term then better to check the market most time but if you are for long term then this is the perfect way to stop checking the net from time to time.
because that will only mess your investment then.
why not just focus in holding so you won't be bother when the market keep changing.

[AakZaki]

Actually he doesn't want to monitor the price or even check anything relating to Bitcoin because he can't accept the fact that his money is dropping. That is because he buy at highs before (he admits) but I think he already learned his lesson and said that is now waiting for the price to weaken first before he buy.

Buying low or buying at highs, we can not escape the volatility of  BTC and there is always a chance for our portfolio to go down but we should calm down and continue holding. Not checking the price often helps though, to avoid distractions perfect for long term holders but for those who do short term, they need to monitor the charts to know the best possible entry.

Long-term holders must have a commitment so that the initial strategy used can be implemented. There are no psychological disturbances that will prevent the strategy from going well. In whatever area the price is purchased, stick to the initial strategy. But if it's too high to make a purchase it won't be good in every way if they're not prepared with it. Monitoring charts and doing some analysis before buying is a good recommendation, rather than just guessing without analyzing data management.

[justdimin]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

this is why you must consider knowing what is your main target in this investment , if you are for short term then better to check the market most time but if you are for long term then this is the perfect way to stop checking the net from time to time.
because that will only mess your investment then.
why not just focus in holding so you won't be bother when the market keep changing.

That is not entirely true to be fair, but not for any logical reasons but more on psychological reasons. I am a long term investor, I rarely do trades and if I do then this makes sense but even when I have no trades and purely just a long term investor, and I mean like at least a decade long holding, I still check the price because I am not invested just in bitcoin, but invested into the bitcoin world and I like to read about it.

Think about it like politics, you may not be a politician, but you vote every 4 years, does that mean you don't check what happens in politics in between? You still do, because you wonder what's going on and want to more all about it.

[Kodok Bencot]

As investors or traders, of course we pay a lot of attention to the prices that occur, when I'm busy or see a red market, what I do is buy, for example, $ 200 and then sell by adding a margin to around $ 250, it doesn't matter if it happens for a long time or not more importantly profit than selling at a loss.

[AakZaki]

this is why you must consider knowing what is your main target in this investment , if you are for short term then better to check the market most time but if you are for long term then this is the perfect way to stop checking the net from time to time.
because that will only mess your investment then.
why not just focus in holding so you won't be bother when the market keep changing.

To focus on Holding also requires analysis, when to buy and when to sell. It's not easy to do Holding if money management can't be done properly. Short term or long term both have advantages and disadvantages. Some traders prefer to make short-term trades because it is fast enough to make a profit, but it requires good trading skills, strategies and knowledge.
and a strategy that is really effective and safe is to do DCA, it will be better to apply it in the long term, so that it will accumulate more and more assets and when the price rises there will be more profits.

[ShowOff]

To focus on Holding also requires analysis, when to buy and when to sell. It's not easy to do Holding if money management can't be done properly. Short term or long term both have advantages and disadvantages. Some traders prefer to make short-term trades because it is fast enough to make a profit, but it requires good trading skills, strategies and knowledge.
and a strategy that is really effective and safe is to do DCA, it will be better to apply it in the long term, so that it will accumulate more and more assets and when the price rises there will be more profits.

You are right about the two investment time frames, but if I may ask, which do you think is better?
So far I prefer investing "buy and hold" for long term as one of the best strategies for earning worth it returns. Besides that, the accumulation strategy by utilizing DCA is also important to note, but the most important thing is that it's only long-term priorities that make me sell it.

I also don't have a problem with the way people make profits, but personally, long term buy and hold is a top priority which I've always made a habit of.

[South Park]

this is why you must consider knowing what is your main target in this investment , if you are for short term then better to check the market most time but if you are for long term then this is the perfect way to stop checking the net from time to time.
because that will only mess your investment then.
why not just focus in holding so you won't be bother when the market keep changing.

To focus on Holding also requires analysis, when to buy and when to sell. It's not easy to do Holding if money management can't be done properly. Short term or long term both have advantages and disadvantages. Some traders prefer to make short-term trades because it is fast enough to make a profit, but it requires good trading skills, strategies and knowledge.
and a strategy that is really effective and safe is to do DCA, it will be better to apply it in the long term, so that it will accumulate more and more assets and when the price rises there will be more profits.

This is a good observation, often I see newbies that believe that in order to hold their coins they do not need to do anything except buying and keeping their coins for the long term, and while for an inexpert eye this may seem like the totality of what a long term holder does, this is not true, a long term holder also needs to know about how the market moves and the best moments to buy in order to maximize their profits and minimize the risks they take, otherwise holding their coins will become incredibly difficult for them.

[Mr. Magkaisa]

     = With the price value of Bitcoin now that it is more than 28k$, maybe if I have extra money I will just sell it first and then just hold it, because I believe it is a really good long term investment.

Also, there is no reason for me not to do this because bitcoin has been helping me for several years to survive in this industry, even other cryptocurrencies are also helping me. So I think every month there will be an increase in the value of bitcoin little by little, like last month it was at 27k$ now its resistance is at 28k$.

[|MINER|]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

What else can I say, I myself am in the trap when there was bull-run I took a wrong step and invested in Bitcoin when it was above 60k. And now I am still bearing that loss. And I decided to leave after seeing the end of it And since its price will surely go up, I want to wait till its new ath.

[lizarder]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

You can adjust the accumulated price to cut losses, if currently the bitcoin price is below the capital when you buy, then the most appropriate step is waiting for the recovery process to go to a higher price, it's a simple way to see bitcoin opportunities and you don't need to check every time.

Bitcoin can go up and it can go down over a period of time, but so far the price of bitcoin has been more positive. My question is at what price did you buy bitcoin?

[AakZaki]

This is a good observation, often I see newbies that believe that in order to hold their coins they do not need to do anything except buying and keeping their coins for the long term, and while for an inexpert eye this may seem like the totality of what a long term holder does, this is not true, a long term holder also needs to know about how the market moves and the best moments to buy in order to maximize their profits and minimize the risks they take, otherwise holding their coins will become incredibly difficult for them.

Holding coins will be difficult when the moments where you have to take profits are not used properly. in the end they will hold on in the long run forever. The long-term strategy is not just about surviving, if it is possible to do DCA it will help add more and more accumulated assets. Long-term holding can be easy, but not for those who are initially committed, but immediately want to sell it when the price continues to fall, even though the decline is the right time to buy again. and what is a long-term coin recommendation is of course Bitcoin.

[salad daging]

Holding coins will be difficult when the moments where you have to take profits are not used properly. in the end they will hold on in the long run forever. The long-term strategy is not just about surviving, if it is possible to do DCA it will help add more and more accumulated assets. Long-term holding can be easy, but not for those who are initially committed, but immediately want to sell it when the price continues to fall, even though the decline is the right time to buy again. and what is a long-term coin recommendation is of course Bitcoin.

The important thing is that he must have strong fundamentals so that he can do well in terms of the benefits and risks he has to face, don't just be a long-term holder without a goal, it's the same as having no direction, but when there is an opportunity that they think is good, then do it and take that profit, as for the accumulation of DCA maybe he should pay attention about the next ATH then sell when it's high.

Bitcoin is still a long-term coin recommendation compared to other coins, at this time I still continue to accumulate as much bitcoin as possible before the price soars high or even approaches the halving and this is usually the moment where the holdings will sell when bullish comes.

But if you want to hold it for 10-20 years, it doesn't matter if you are strong enough to hold it.

[ichsan ardi]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

maybe you should analyze again before buying bitcoin don't buy bitcoin when the price is high maybe a bear market is the time for you to buy some coins like bitcoin when the price is falling there we have to panic to buy coins buy coins when prices are falling sell when prices are high we have to know when to enter when to leave that is my strategy to get a lot of profit.

[cryptomaniac_xxx]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

maybe you should analyze again before buying bitcoin don't buy bitcoin when the price is high maybe a bear market is the time for you to buy some coins like bitcoin when the price is falling there we have to panic to buy coins buy coins when prices are falling sell when prices are high we have to know when to enter when to leave that is my strategy to get a lot of profit.

Bear market is the best opportunity to accumulate because the price is going to be cheap obviously, and if you have bought bitcoin at a high price, then the only option for you is to hold and not sell. You will only have paper loses though if you are not selling remember that, same as when the price is going up, it's all realized profits.

So our friend here is DCA, is the best strategy so far in this market and many has attested to that, specially those who have been in the game longer than us.

They have the experience to let us know what is the key to enjoy the market and make a lot of profits in the future.

[crunck]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

What else can I say, I myself am in the trap when there was bull-run I took a wrong step and invested in Bitcoin when it was above 60k. And now I am still bearing that loss. And I decided to leave after seeing the end of it And since its price will surely go up, I want to wait till its new ath.

It was a mistake but fixable, 1btc is still 1btc, and you haven't sold means you haven't lost. If you can buy at $60,000 and hold without selling, there's no reason you'd miss out on $30,000. Don't worry too much about those bitcoins, instead, keep accumulating bitcoins from now on because when the price hits $60k again, you will be profitable.

[Sir Legend]

For investors, of course, price movements are important. If we pay attention to prices and increase, assets will automatically increase, conversely, if prices fall and assets drop, the best solution is to add to the balance or buy more, as long as we can hold back our emotions and be patient, we will profit.

[bitgolden]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

What else can I say, I myself am in the trap when there was bull-run I took a wrong step and invested in Bitcoin when it was above 60k. And now I am still bearing that loss. And I decided to leave after seeing the end of it And since its price will surely go up, I want to wait till its new ath.

It was a mistake but fixable, 1btc is still 1btc, and you haven't sold means you haven't lost. If you can buy at $60,000 and hold without selling, there's no reason you'd miss out on $30,000. Don't worry too much about those bitcoins, instead, keep accumulating bitcoins from now on because when the price hits $60k again, you will be profitable.

I think it is also important to remember that if you buy at the high price and then start to buy at low price then it's going to be fine. I mean think about it, the price could be 60k and if you bought 1 btc there then your entry is 60k, however if you end up buying at 16k as well, then you invested 76k total and have 2 btc that makes your entry at 38k right?

So let's assume you bought some today, which is give or take 28k right? That means you bought 3 bitcoins at 104k totals and divide by three that's 34k. Only 6k above where we are right now, even a little less, like 5.8k or so. Which is proof that buying at high price doesn't mean a bad thing if you can fix it later on.