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Author Topic: Opportunity to buy  (Read 991 times)
CryptSafe
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June 12, 2023, 09:13:08 AM
 #121

I think your point is clear. You know this is the exact area investors really need to look at as it is with bitcoin investment and possibly others as well. Some investors go into business or buy bitcoin with a mindset of holding for a short term which is not in the right way. This is as a result that they put in money for which they hope on to generate more income within a short period which goes against the normal understanding of investing with funds you could afford to loose or investing with a spare cash which would not bother you if anything happens.

Another thing is time of investing for instance bitcoin price is currently down compared to the last all time high. If one would be able to take advantage of this opportunity to bagging more bitcoin for a long time, it would be of good benefits not to talk of when halving is right at the corner.
Everyone must set a standard of ability to make investments and everyone must also know the right time to accumulate purchases. We are not saying that investing in bitcoins in the short term is not good, but it requires additional capital when people are trying to take big profits and also have to see the market moment as accurately as possible in buying or selling it. Capital is the first thing to pay attention to when making short-term choices and it is also important that accurate analysis with all the possibilities that must be known so that if everything is done correctly the possibility of getting big profits is very open.

Whereas if people try to set long-term investment standards, many accumulated purchases can be utilized, so that the opportunity to collect bitcoins also has a long duration according to the capital they have. Even though our capital is small we can still buy it using DCA and for me bitcoin is a long term investment that has considerable potential. Buy and Hold is still a great area to make a lot of profit.

It is ultimate that one should be able to set a standard for themselves before trading or investing in anything they deem fit or worth the investment. This cuts across all business divide irrespective of the nature of the business. As you have said pertaining to investment timing, there lies the problem in investment. Not everyone has that foresight of knowing the right time to go into investing in a business. As it is in bitcoin, Some end up making loss as a result of their timing and these are the people that spread bad mouth about bitcoin as a result of their woes they had encounter in the course of wrong time investment. They have no idea how the system works and have failed to conduct their due diligence before investing. Since they heard it and just reading about it they feel it is just to get in at anytime but however, if they have it in mind for a long term investment, then I think that would not be an issue as they could wait for it and take profit when it is due.
I stand with buying and holding for a long term as the case maybe.


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June 12, 2023, 08:27:17 PM
 #122

Those who have good knowledge about bitcoin or crypto currency termed this time as investment time or golden opportunity, because now the price of bitcoin is much lower than before so it is time to invest as much as possible in bitcoin and hold it for a long time then you will get good profit in the future.
Learned and understand the basic activities of the market. Everyone have their perspective entries on bitcoin, most traders triggered their trade on bitcoin during the bear season, enter short and increasing a high leverage on the trade, inothe to grab hugh profits, while some trade stand their ground and wait for the bull season, that's the time they will start accumulating their profits. Long term investment is my priority on bitcoin, it's going to shoot to the moon during the bull season, we just have to exercised patience in dealing with the market.



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Gulttam2a2
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June 13, 2023, 12:41:33 PM
 #123

If the price of Bitcoin is down then you should definitely buy it according to me. Not only Bitcoin but there are many others whose prices have also gone down such as: Polygon Matic, Ethereum, BNB etc.The price has gone down a lot compared to before. If you can afford it then you can buy it if you have a chance. I think they will go up in price. On the other hand Bitcoin will go up a lot which will be beyond our imagination. Many people will say that it is not good to buy them. They are buying unnecessarily. They are here and there. But I think Bitcoin will never go away. That's why we should definitely buy Bitcoin if we can afford it.
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June 13, 2023, 01:48:30 PM
 #124

I think your point is clear. You know this is the exact area investors really need to look at as it is with bitcoin investment and possibly others as well. Some investors go into business or buy bitcoin with a mindset of holding for a short term which is not in the right way. This is as a result that they put in money for which they hope on to generate more income within a short period which goes against the normal understanding of investing with funds you could afford to loose or investing with a spare cash which would not bother you if anything happens.

Another thing is time of investing for instance bitcoin price is currently down compared to the last all time high. If one would be able to take advantage of this opportunity to bagging more bitcoin for a long time, it would be of good benefits not to talk of when halving is right at the corner.
Everyone must set a standard of ability to make investments and everyone must also know the right time to accumulate purchases. We are not saying that investing in bitcoins in the short term is not good, but it requires additional capital when people are trying to take big profits and also have to see the market moment as accurately as possible in buying or selling it. Capital is the first thing to pay attention to when making short-term choices and it is also important that accurate analysis with all the possibilities that must be known so that if everything is done correctly the possibility of getting big profits is very open.

Whereas if people try to set long-term investment standards, many accumulated purchases can be utilized, so that the opportunity to collect bitcoins also has a long duration according to the capital they have. Even though our capital is small we can still buy it using DCA and for me bitcoin is a long term investment that has considerable potential. Buy and Hold is still a great area to make a lot of profit.

It is ultimate that one should be able to set a standard for themselves before trading or investing in anything they deem fit or worth the investment. This cuts across all business divide irrespective of the nature of the business. As you have said pertaining to investment timing, there lies the problem in investment. Not everyone has that foresight of knowing the right time to go into investing in a business. As it is in bitcoin, Some end up making loss as a result of their timing and these are the people that spread bad mouth about bitcoin as a result of their woes they had encounter in the course of wrong time investment. They have no idea how the system works and have failed to conduct their due diligence before investing. Since they heard it and just reading about it they feel it is just to get in at anytime but however, if they have it in mind for a long term investment, then I think that would not be an issue as they could wait for it and take profit when it is due.
I stand with buying and holding for a long term as the case maybe.
Isnt your standpoint rooted in the concept of setting norms? Understanding risk tolerance is vital in investments like Bitcoin, yes? This understanding often resolves many investment dilemmas. Many rue entering the Bitcoin whirlwind without proper research. But isn't the real foe ignorance, not Bitcoin? On long-term investments and DCA, we're on the same page. The 'Buy and Hold' tactic has demontsrated its worth. Yet, is patience ubiquitous? Bitcoin's potential is cosmic, and we're just at the dawn of its true power. So, why let transient fluctuations fog our view? Isn't it high time we adopt the financial future?

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June 13, 2023, 02:36:04 PM
 #125

At least the market is starting to move upwards again although some selected coins that are hot in the eyes of US authorities are still struggling to build resistance. I still consider this moment as buying opportunity. If the momentum continues then we might go straight to $40k before another bitcoin correction.

But for me, I need to sell around half of my portfolio as I have urgent needs. I am trying as much as possible not to touch my few bitcoin holdings and I might continue my DCA again next month.

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June 16, 2023, 01:55:29 AM
 #126

At least the market is starting to move upwards again although some selected coins that are hot in the eyes of US authorities are still struggling to build resistance. I still consider this moment as buying opportunity. If the momentum continues then we might go straight to $40k before another bitcoin correction.

But for me, I need to sell around half of my portfolio as I have urgent needs. I am trying as much as possible not to touch my few bitcoin holdings and I might continue my DCA again next month.
yesterday the market experienced another correction and even Bitcoin touched $24800 USD. And for anyone who is implementing the DCA strategy, yesterday was the right moment to return to accumulation. i personally do it. and today it turns out that the market has increased again and the price of bitcoin as I write this has again touched the price of $ 25500USD. I think in this week the volatility really increased a lot. Maybe for those who are used to doing scalping activities it will be quite profitable. unfortunately I'm not used to doing daily trading, especially scalping. I'm still not proficient in technical analysis. and I panic easily. so I prefer to focus on bitcoin accumulation for the long term.

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June 16, 2023, 02:20:14 AM
 #127

Of course. It's literally the only good advice people give: buy low sell high.

And right now we are objectively at low right now, so if you want to get into Bitcoin, just go and buy it.

The price is great, so don't miss this opportunity.
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June 16, 2023, 08:06:44 AM
 #128

This is a great deal of opportunity when the price of bitcoin keeps going down, I want you to seized the opportunity to buy and hip. We have no ideas what is currently happening to the market but all hope are not lost, bitcoin will take us for a surprise and I don't want to miss the chance or feel regrets not obtaining any amount of bitcoin. Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin. I know some will kick against my tips but what's your reasons?

The main thing is not to forget that when we buy at the lowest price, as it seems to us, the price may still fall and this is normal.
I agree with you that many people have become rich. But if someone has earned money, then someone has lost it. You should not look at others and how much money they have earned because there will always be a downside. I need to rely only on my experience, on my strategy and not think about how much I could earn
If possible, it might be worth saving bitcoins at this price, but definitely not worth borrowing money or investing the last savings, thinking about how rich I could become

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June 16, 2023, 03:27:41 PM
 #129

The price of Bitcoin this period is something else; it's actually not that healthy for people who are not strong holders to buy at this period because you might sell out of panic with the fear of not knowing what's going to happen next, which will make you lose part of your investment instead of making a profit..

In as much as you want to use this period as an opportunity for you to bag more Bitcoin and add to your holdings, I will advise you to always proceed with caution in order not to enter the market at the wrong time, rush to buy more than you can afford to lose, or even lose control up to the extent of borrowing money in order for you to just buy and wait for the bull run to start.
 
 
That is why is not advisable to buy if the person is still young in the crypto market. I will advise those to trading instead of investment. Real investment need long time planning and goal. When you have plan for long term investment then every month or there about you can top the wallet whenever bitcoin price low and if it is bitcoin you are investing upon. You can but bitcoin at the rate or the price $25k today and tomorrow it might go down to $20k or $19k and that is where patient will come to play and this also where the op is talking about. So faith and patient will surpass every obstacle you might thinking at that moment.

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June 16, 2023, 04:03:14 PM
Last edit: June 17, 2023, 12:39:09 AM by Sayeds56
 #130

I do not want to lose the chance to buy BTC. So I am doing DCA every time BTC goes low.

Indeed, current price if Bitcoin provides attractive opportunity to buy and hold Bitcoin on long term basis. The best way to buying Bitcoin with a fixed amount of dollars in intervals by employing Dollar Cost Averaging (DCA) strategy during substantial price drops. This is considered best approach as it allows investors to obtain a more favorable average price. By regularly buying Bitcoin with fixed amount of dollars, this strategy enables traders to achieve potential quicker profitability as market begins to recover.

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June 16, 2023, 09:26:08 PM
 #131

This is a great deal of opportunity when the price of bitcoin keeps going down, I want you to seized the opportunity to buy and hip. We have no ideas what is currently happening to the market but all hope are not lost, bitcoin will take us for a surprise and I don't want to miss the chance or feel regrets not obtaining any amount of bitcoin. Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin. I know some will kick against my tips but what's your reasons?

That's why I don't understand users who are happy only when bitcoin is growing. Probably it's the holders. The fact is that if bitcoin falls, it's also good! This is an opportunity to buy it cheap at lower prices. But of course no one will do this, because inexperienced traders will be seized by fear.

I am waiting for the price of bitcoin to drop to 20 thousand, that's when I will buy it as much as possible.

At the same time, I already have bitcoin, and therefore, if it grows, I will also be in the black. This is exactly the position a good trader should have, in my opinion. You need to benefit from any market movement.
We don't have control of the market and it is not possible for us to know where next the market is going to going with all confidence.
What we can do is for us to make guesses with some percentage of risk when making decisions. There are pwo6yhag are praying for the market to fall more so that they can buy low while others are hoping for the price of Bitcoin to go up still so that they can get some profits from there holdings and look for opportunity to buy low again.

There are different kind of people in the market and we need to understand that not everyone want the market to go bull.
There are people trading the market and have set there stop lose and take profits for different reasons. Let keep making our analysis with accuracy.

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June 16, 2023, 11:28:13 PM
 #132

Any people have Tried Auctions in CoinBlast, below my experience :
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June 17, 2023, 07:42:16 AM
 #133

We don't have control of the market and it is not possible for us to know where next the market is going to going with all confidence.
What we can do is for us to make guesses with some percentage of risk when making decisions. There are pwo6yhag are praying for the market to fall more so that they can buy low while others are hoping for the price of Bitcoin to go up still so that they can get some profits from there holdings and look for opportunity to buy low again.

There are different kind of people in the market and we need to understand that not everyone want the market to go bull.
There are people trading the market and have set there stop lose and take profits for different reasons. Let keep making our analysis with accuracy.
The market is not control by day traders, rather the volume of trades by whales and companies controlled the general market in cryptocurrency. It's been a long time since I triggered a trade in the market, and it's high time to anticipate good entries on the project. Bitcoin swings a lot and is obviously an up and down movement; some traders become locked within while others know exactly how the project is manipulated and glitched. Everyone has an opinion about bitcoin, and it is during the bear season that we will be able to make good purchases of bitcoin and wait patiently for the bull season to arrive.

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August 04, 2023, 01:34:03 AM
 #134

In terms of accumulating in the current market, I would say it is certainly possible to do so. However, it's important to note that the cryptocurrency space is highly unpredictable, and unforeseen events can occur at any moment. For instance, if another exchange were to collapse, it could potentially lead to a significant decrease in prices. Nevertheless, if such events do not transpire, accumulating now and waiting for a price increase can be a profitable strategy, considering Bitcoin's inherent volatility.

I agree with your opinion, so indeed we have to collect as much btc as possible when the price of btc is declining, but of course in this case we must be vigilant because falling prices will be very difficult to predict where it will fall, and I think we also need to read the news the latest and others so that we can analyze them fundamentally and technically and so on.
but indeed buying btc when the price drops is a good thing as long as it has to be full of calculations and research.

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August 04, 2023, 02:27:02 AM
 #135

Of course. It's literally the only good advice people give: buy low sell high.

And right now we are objectively at low right now, so if you want to get into Bitcoin, just go and buy it.

The price is great, so don't miss this opportunity.
That was what I usually did, it is just as simple as you said. and I never lose in bitcoin investment, I always make big profit in it. now is very good time to buy bitcoin, it will be good if I can accumulate as much as I can before bullish season start. but unfortunately my purchasing power is not as big as whales, now what I can do is waiting for my salary. it seems that I only have few months for preparation before halving happen.

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August 04, 2023, 05:50:39 AM
 #136

This is actually the best time to buy and if you missed bitcoin  when the price was $17k then this is another opportunity  to buy as we still have greater hope that it will skyrocket to a new all time high price.
I once wrote on a topic seeking to know the reason why most people aren't holding  and I came to find out that most of them aren't holding because of lack of money to buy and i also raised a poll where many also voted for lack of money and I strongly agree with them because judging from the economic situation  of my country where there is a strong hike in price of cost of living where people now struggle so hard to make ends meet, it will be very difficult for one to freely invest because most persons survive from hand to mouth.

So to everyone holding right now, I admire you guys and encourage you to keep holding and fir those who don't have now and wish to hold,  you should put more effort and dedication to hold.

 
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August 07, 2023, 05:26:51 AM
 #137

This is a great deal of opportunity when the price of bitcoin keeps going down, I want you to seized the opportunity to buy and hip. We have no ideas what is currently happening to the market but all hope are not lost, bitcoin will take us for a surprise and I don't want to miss the chance or feel regrets not obtaining any amount of bitcoin. Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin. I know some will kick against my tips but what's your reasons?
There is no chance to buy bitcoins you can buy whenever you want, but if you want to make more profit you can buy when the price is low. Many people invest in Bitcoin and hold it for a long time but there are many people who are not motivated to buy Bitcoin rather they feel the risk. But if we invest in Bitcoin then it will definitely be profitable for us because the future of Bitcoin is near and its form is always changing. We all know that no matter how low the price of Bitcoin goes, it will rise again, so we should avoid everything and hold on to our Bitcoin investments with patience. as Bitcoin price is currently at a point where the next bull market will start and Bitcoin will reach a peak.

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August 07, 2023, 05:46:13 AM
 #138

This is a great deal of opportunity when the price of bitcoin keeps going down, I want you to seized the opportunity to buy and hip. We have no ideas what is currently happening to the market but all hope are not lost, bitcoin will take us for a surprise and I don't want to miss the chance or feel regrets not obtaining any amount of bitcoin. Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin. I know some will kick against my tips but what's your reasons?

while you are correct that we need to buy and Hip now but there are no specification or perfect time when to buy , because for me and what I do believe is that Bitcoin price will skyrocket in not definite timing.
so the chance of earning is when you can afford to keep holding and to keep having it in mind that bull run is just in the corner waiting to break the silence .

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August 08, 2023, 10:44:46 AM
 #139

Currently the bitcoin price is at around $29200USD. And the price hasn't changed much in recent days. So I personally decided to keep DCA at this level. In my previous reply I did DCA at level 24-25. and that was two months ago. And since then I didn't stop DCA even though the price reached above $30000USD. it's just that at level 30 I refrain from shopping a lot. I thin the capital dilevel it. but because currently the price looks sideways at the current figure, I consider that now is an opportunity for me to add a little extra capital to my DCA.

In essence I want to say that now is still a good opportunity to buy from my opinion. But I don't know what others think about the current price level. Dwyor

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August 08, 2023, 11:59:23 AM
 #140

Well, there are lots of opportunities especially when you want to turn your money into something beneficial using bitcoins for example, those people who give up buying alcohol and cigarettes to convert them to bitcoins were the most intelligent move you can do because you're not only turning the table of your finance but you also living a healthy life without risking your health with those bad habits. Others spend some of their salaries to buy bitcoins just in case it will gonna rise up again just like last time and they will also make lots of money from it turning their savings into a decent earning strategy in the long term investment.

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