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Author Topic: Take advantage of the price fall.  (Read 1016 times)
FiveG (OP)
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June 12, 2023, 02:50:09 AM
 #1

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
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June 12, 2023, 02:57:40 AM
 #2

If your friend is going to get nervous because the price drops a little, he's doing it wrong. Either he is not thinking long term or that $1,000 is money he may need in the short to medium term. It is better to study bitcoin, its history and price behaviour in cycles to get an idea of what is to come, and be prepared for HODL for a long time to come, if you do things right, a little rise or fall in price should not even faze you.

 Otherwise, I can already see your friend selling at $1100 because he's short the money when he can easily make x5 in a couple of years.

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June 12, 2023, 03:01:41 AM
 #3

Is been a hard knocked to everyone trading bitcoin this seasons especially investment
Trading and investment are different. Bear market is bad for newbie traders who don't cut loss and hold their coins with falling knives but it is perfect for experienced investors who have cash in hands and wait for cheap price in bear market to DCA.

Quote
my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today
Don't predict the market and don't time the market. You can not be right with your predictions every time. If you try to time the market with your predictions, you will be wrong many times.

Quote
this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin.
Doing Dollar Cost Averaging DCA.
https://dcabtc.com/

R


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June 12, 2023, 03:10:49 AM
 #4


Crypto is not easy and thats exactly what they'd lean by now of they invest BTC while it goes $30k just weeks ago. Newbies have to also endure what the old investors did back in 2018. They can look at this as a test of patience. And the more you'd be tested if you got altcoins.

But it will be rewarding when all these bears are gone. Its not easy to keep waiting but fortune favors the bold.


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June 12, 2023, 03:13:25 AM
 #5

This is why dollar-cost averaging(DCA) is one of the best strategies especially for newbies — because lump sum buys gets them to panic over price drops/crashes. At least with DCA, a price crash could make them automatically look at it as an opportunity.

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June 12, 2023, 03:47:15 AM
 #6

BTC was below $20K just a few months ago, so it's not even the cheapest this year. Yeah, I've bought some, but this is not the best opportunity we had recently.

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June 12, 2023, 04:02:56 AM
 #7

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Yes. No one can predict the future with certainty, but the right thing to do now is patience because soon and the advantage of $1000 will be obtained.
Investment requires patience.
The market is still difficult to cross the price of $30k until the first half of 2023. It could be that in the second half there will be a positive signal to get to the 2024.
There is an analysis that speculates that there will be a surprise at Halving 2024.

Purchase Bitcoin with the amount of $1000 amidst the current price condition is good with the condition that it must be strong to hold.
To avoid high panic, suggestions from friends who suggest dollar-cost Averaging (DCA) are very appropriate.

R


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June 12, 2023, 04:04:49 AM
 #8


Crypto is not easy and thats exactly what they'd lean by now of they invest BTC while it goes $30k just weeks ago. Newbies have to also endure what the old investors did back in 2018. They can look at this as a test of patience. And the more you'd be tested if you got altcoins.

But it will be rewarding when all these bears are gone. Its not easy to keep waiting but fortune favors the bold.
yes we experience it in 2018, and that for those who are weak will be a blow because of price distortion, it is quite frustrated for people who buy at $ 30k, or with the term stuck, what happens to us today is a Obstacles that must be passed as the holder of Bitcoin, especially those who make purchases with one paddle, they will be devastated.
But for those who use DCA strategies, price reduction is an opportunity to get more at low prices, I myself use situations like this to get some bitcoin.
Courage is the key to a great success.
With a good DCA strategy will get calm and mental emphasis is not as heavy as they who buy in one Sayung.

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June 12, 2023, 04:13:36 AM
 #9

In my opinion, one should definitely take advantage of the market going down. In the current market, everything is much cheaper than before, which I think traders will benefit from. There will be profit. I will also buy some because of this market going down.
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June 12, 2023, 04:35:36 AM
 #10

Bitcoin and Ethereum didn’t really have a huge drop. It’s the alts that got hit with some losing 25% in a single day. Bitcoin is fairly safe since it’s definitely not a security. Maybe same with ETH. The issue is that the rest might be called a security and no exchange will be able to trade them if they serve us customers.

Hence why the sell off started. I also think that Binance US will close up shop in USA. Basically not worth it for them with all this regulation going on. Fiat deposits and withdraws are also closed. So it’s basically crypto only at the moment.

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June 12, 2023, 05:07:11 AM
 #11

If your friend are already have knowledge about Bitcoin then for sure he's aware with its volatility nature. There's nothing to be sad those downfall of Bitcoin's value would only be a bad effect to inexperienced people or newbie. As a good trader or investor you would take advantage with its volatility which is the reason why people love Bitcoin. Just invest again the money that you afford to lose and aim high again. If would be impossible for us to profit with experiencing losses.

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June 12, 2023, 06:07:47 AM
 #12

The fear of lack of knowledge and experience always appears a lot of people participating in the cryptocurrency market, when the price rises they fear that it is too high to buy, when the price drops they are skeptical about the future. future with the market. Smiley Can be strong in decision making and responsible for their own actions what to do next when dealing with the crypto market. If you are looking to invest in Bitcoin or any cryptocurrency, consider it carefully and dig deep into it before deciding to invest. Make sure you have all the knowledge and experience you need to make informed investment decisions. I have also noticed that many newcomers to the cryptocurrency market still do not fully understand the cryptosystem and the risks of this trading. So learn how it works, the risks, and how to protect your information and assets from fraud or losing money.









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June 12, 2023, 06:08:59 AM
 #13

Truly speaking no one can predict the future with 100% accuracy because then they would become super natural. What we do is use our past charts and market sentiment to predict a possibility that can happen. The price dropping means the chance to buy while the price rise is a chance to sell. This is very basic concept of trading.

What the OP did not mention is the price at which their friend bought Bitcoin. If bought at the top, then that mistake should never be repeated again. But all is not lost because rise will happen in future, since then they should keep patience. These are cyclical changes and should be followed like that.

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June 12, 2023, 06:19:33 AM
 #14

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
your friend is fool enough to invest in something he does not truly understand and that will bring him more losses in the future , not unless he knew how to keep holding when the market go sideways like today.

But if he is frustrated enough not to keep the hold then better to never invest in bitcoin or any cryptocurrency.

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June 12, 2023, 06:27:31 AM
 #15

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
It would be nice if you told us the average price at which your friend bought their coins as this will help to give context to your story.

After all if your friend bought their bitcoin at or near the ATH I could understand why they could be upset about the lack of growth we are experimenting, as in that case they would have been holding their coins for some time and they are disappointed by their lack of results, however if your friend bought bitcoin recently and they are upset then this is worrying as the current negative movement is nothing to write home about, which tells me they could make the mistake of selling their coins and consolidate their losses too soon.

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June 12, 2023, 07:13:39 AM
 #16

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
He only bought 1000$ worth of Bitcoin, what about those that bought 10,000$ worth of Bitcoin? The mistake he did was investing at all, he shouldn't have, because he is not ready to lose that money, and he doesn't understand that Bitcoin goes up and down any time, the only way to win this race is thinking long term and I don't see such sign in your friend.

If you are the one that introduced your friend to Bitcoin, I am sorry to say but you have failed him, because you don't teach him the bad side of Bitcoin investment and how to become a successful Bitcoin investor, if your plan is not on the long term, you will get frustrated in the short term.

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June 12, 2023, 07:27:35 AM
 #17

Tell your friend not to worry about the bitcoin he bought as long as he do not sell it out of disappointment or trying to cut down losses on how much he have bought it. It is pretty normal for bitcoin price to rise and fall nobody knows it. The market is now falling maybe because of the bad sentiments in crypto space today but trust me it will never stay this way forever bitcoin will always have a time for bull season. Again tell your friend not to touch those bitcoins and keep it on hold we will get through this.
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June 12, 2023, 07:42:23 AM
 #18

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Inform your friends about the risks of Bitcoin and cryptocurrency investments. As a result, it is best to invest just what one can afford to lose.

The Bitcoin price dipped below $20k in 2022 and has since rebounded; therefore, there is no need to fear because we anticipate the price will soon recover.

One can exploit this market drop to add additional Bitcoin to their portfolio, but make sure the money is sphere money that will not be used soon, and avoid taking out a loan to invest in Bitcoin.

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June 12, 2023, 07:48:59 AM
 #19

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Just a little drop in bitcoin price is what is making your friend to panic,what will he have done assuming it was last year August to December when bitcoin price went dip to 17k. This is the problem newbies have and don't understand the logic of bitcoin investment because they think that it is a quick get reach investment. Only use the funds that you can afford to lose to trade or to buy bitcoin,so that when the prices goes below the amount that you bought,you won't be troubled. Invest in a long term investment this will enable you hold for long and the dip in price wouldn't bother you. Tell your friend to relax and watch his investment as the price will pump again. Buy bitcoin when the price is dip and hodli for long.
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June 12, 2023, 07:53:50 AM
 #20

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

Bitcoin is not a get rich quick investment, moreover, it is very volatile and high risk, if your friend can't accept the risk, I strongly advise him to stop investing. Bitcoin is unpredictable, and no expert can tell you what will happen next with bitcoin.

I guess your friend, and you rushed to invest in bitcoin through someone's advice without any prior research. So the panic happened when the market fell. One is that you should cut your investment loss and get out of the market, two: you should start from scratch, learning everything about bitcoin. That way, you will have enough confidence and faith in bitcoin to continue holding. There's no better piece of advice than arming yourself with knowledge.

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June 12, 2023, 09:26:25 AM
 #21

Before someone invests, he must first know how to invest in Bitcoin. If he has studied and got a lot of info about Bitcoin, he will not be disappointed to see the movement of Bitcoin because he knows that the price of Bitcoin can go up and down at any time.

He can also prepare his money to buy more if a downturn occurs. He will make good use of the downturn and be able to keep his Bitcoins well. Bitcoin price analysis is needed to know when he can buy again in the event of a decline.

You cannot rely on other people to invest in Bitcoin because you have to be able to analyze it yourself. And to be able to analyze, you have to be able to learn. You should be able to convince your friend that this is only temporary and he can use this time to buy Bitcoin again and we know it as DCA, where we buy Bitcoin gradually.

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June 12, 2023, 09:42:44 AM
 #22

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here.
Somehow the SEC issues and Binance US are the ones that had made the market a bit down since last week. But after that, there's no need to think of it a lot of times. Why? Because it's just gonna make you stressful thinking on how you should deal with that.

Making the title of the thread, you know what you're up to and that's why while if it's considered to be low then you have to take advantage of buying it.

We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
That's okay, experience will teach you a lot and you'll learn from it.

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June 12, 2023, 09:47:25 AM
 #23

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
I am solely committed to bitcoin and willing to go up or down with bitcoin. After a thorough evaluation of the investment platforms I can invest in, Bitcoin looks like the safest and most affordable investment. Keeping my funds in my local currency is more risky because of inflation. And I can start Bitcoin investment with a percentage of my earning based on my capacity.

Bitcoin gives me the access to invest in it with as little as $20 every week. Using dollar-cost averaging is the best option because the risk is low since you buy at different price levels. For me, the best time to buy bitcoin is when you can afford it since the price is unpredictable. I believe that the price might go down sometimes but it will always suppose its former price.

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June 12, 2023, 10:35:12 AM
 #24

We newbies this days fall victims a lot because of ignorance of cryptosystem.
No, don't blame yourselves as a newbie for a reason to lose but rather make this a reason why you should have to study more about how the crypto market works. We all have once a newbie before we change like a pro and all of us experience these things - losses, emotional stress, regrets, failures, and uncertainties. Yet, though some had quit but many continue their crypto journey until they reach their goal and succeeded.

Now, if you were not able to understand the ups and downs of the market, pretty sure it lost your courage and patience and it ended up blaming the market which definitely doesn't have any responsibility for our failures.

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June 12, 2023, 10:37:55 AM
 #25

BTC was below $20K just a few months ago, so it's not even the cheapest this year. Yeah, I've bought some, but this is not the best opportunity we had recently.

Sometimes when it goes down like this, it is preparing for a significant increase next time and it would be nice for us to buy some because this might not be the case next time. But we need to consider not getting hyped and also not getting carried away when investing and spending only the money we can afford to lose. But for most investors that are waiting for this moment, I'm sure they will buy more bitcoins this time because they know what the meaning of this but as I said we cannot mimic them because they have multiple sources of income which will help them recover fast if ever their speculations are wrong.

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June 12, 2023, 10:49:54 AM
 #26

If you are not doing DCA at all, you run the risk of losing the value of your assets every time the price falls. That is why it's important to spread out your buys at different price points just to lower down your entry cost and not get too affected by these price falls.

As for experienced traders and analyst, this forum regularly discusses things on the Speculation sub-forum. Although if you do not find it sufficient, you can still refer to Reddit, Tradingview, or other websites wherein traders and experienced analysts come together to post their predictions and their analyses. There are tons of resources regarding the matter, you just have to know what you're looking for in order to make the most out of it.

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June 12, 2023, 10:58:16 AM
 #27

To your friend, the best thing to do now is hold for a long term because that is the only solution to his or her predicament in the current situation. This is amongst the reasons why you are advised to use what you can afford to loss or better still using your spare cash which would not bother you if the price of bitcoin goes otherwise. One thing you should always note and have in mind is that crypto market is very much volatile and unstable in the sense that anything can happen at anytime. What it takes is your alertness and your intuition to know the next move and what to do.
to your friend, this could be a good advantage to hold for a long term because bitcoin halving is around the corner and price increase to all time high is always the next trend.

The market is down which would give room for more investors to bag now s this is a good market advantage and it should be fully utilized by bitcoin enthusiasts.

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June 12, 2023, 11:04:26 AM
 #28

Your friend made a mistake first because he bought 1000$ Bitcoin in one go and did not follow the DCA strategy, he should have bought with a part of the capital on every drop and not all at once.

The second mistake is that there is no need to fear just a small drop in the price of Bitcoin, Bitcoin is volatile and has fallen many times to levels much deeper than that, but it has returned again to new peaks.

My advice is not to sell fear because he will regret it eventually and if he has more money he better keep accumulating on every drop.

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June 12, 2023, 11:05:07 AM
 #29

This is because of the Binance issue, which is why it is declining, and also because it has been talked about widely here. Just browse the forums so that you can see news about bitcoin, but again, no one can predict the price of bitcoin 100%, and as a trader or investor, we should be aware of it and know the consequences of it. If your friend stores it in a cold wallet, he can hold more, but if it is in exchange, that is really a loss.
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June 12, 2023, 11:26:37 AM
 #30

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
It is trading then I will agree with that they are really facing a difficult time but for investor I strongly disagree with your point. Investors would not be disappointed by the reducing nature of bitcoin because they are not investing for a short term investment but a very long term investment and this is the best time to buy and store, we all that bitcoin will surely go up so in what way are you saying that investors are disappointed? Anyone that wants to store for the future, this is one of the best time to do that. Now that bitcoin is still $25+k to 27+k US dollar is time to purchase and store in the non custodian wallets.
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June 12, 2023, 11:29:10 AM
Merited by Nwada001 (4)
 #31

Taking advantage of this present price fall doesn't mean there won't be any more further price rejections, that's why people need to overlook price falling as a disadvantages, we worry about things that we can't control, all we should be doing is constant DCA, when price fall happens we should be buying some Bitcoin, when you can actually afford it, you don't have to go tale some loan to take advantage of the dips. Be prepared for any possibility,  have some USD and wait, then buy small amount of Bitcoin and wait for another future possible dips again, might be in a week time or a months time.

This is the perfect way to invest in Bitcoin, do not go all into Bitcoin with everything you have.

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June 12, 2023, 11:38:09 AM
 #32

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

If your friend is investing in crypto money, he should get used to such situations. Such incidents have happened many times and will continue to happen. As you stated in your topic title, I see such situations as buying opportunities. As a result, we can get a cheaper bitcoin than the price we bought yesterday, and it could be more expensive tomorrow. If Bitcoin drops further, we'll still buy it. Because we know that the price will increase. If we make our investment with this thought in mind, we will be more comfortable.
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June 12, 2023, 11:44:21 AM
 #33

Trading Bitcoin has been a real rollercoaster lately, especially for investments. It's a pity that your friend bought $1000 worth of Bitcoin only to see the price take a nosedive. But here's the thing: predicting the future of Bitcoin is like trying to guess the lottery numbers. We can't control it. This isn't the first time prices have tanked, though. Maybe we can see the bright side and use this opportunity to buy some Bitcoin while it's cheap. By the way, if anyone here has insights into why prices keep dropping, we'd love to hear them. Being newbies in this crypto world can be tough, right? But hey, that's why we're here – to support each other like a family.
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June 12, 2023, 12:59:01 PM
 #34

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
First time I reckon? A drop isn't anything new in the market, and this is what, a drop from at most 29, 30k to 25k? Wonder how much disappointment your friend would've had if it was the past drops like the most recent ATH to the lowest it's been lately which was around 18k ish iirc a few months ago? If you're afraid of the market crashes BUT trust in Bitcoin's possibility of growing in price, then do DCA. If you want to short, then just be prepared to lose a lot, "being careful" isn't enough to make you NOT lose any money. You will lose money no matter what.

R


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June 12, 2023, 01:08:48 PM
 #35

The plan is to buy and hold, and when the price enters for you, you take profit. It's always a disappointment to people when they invest their life savings in Bitcoin with a higher expectation of taking home a profit in a short period of time, but the price of Bitcoin seems to always be moving on its own and not in favor of anyone.

I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected,

Don't you think Bitcoin could not have been as strong as it is today if this was ever possible or if its price could be controlled? If anyone knows exactly when the price of Bitcoin will drop and when it will fall,  don't you think everyone will have to wait for the falling time to buy cheap and wait exactly for the bull run to sell and make profit? When everyone knows this, who do you think will be winning to sell when the price is down knowing that the price will go up at a particular time? Who else will buy high knowing that it will dump any moment from that time?

It's always advisable for us to buy Bitcoin when we are not in a hurry to use it, based on Bitcoin volatility. This way, you can't be disappointed by any price you see for Bitcoin after your purchase; you will always have to accept it, knowing that the price will eventually change in a matter of time, not minding when.

R


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June 12, 2023, 01:13:07 PM
 #36

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

If he is worried and disappointed that his investment in Bitcoin will fall, he should not invest in Bitcoin from the start. He should have understood that investing in Bitcoin is quite risky. This is not the way to invest with high returns in a short period of time. He should know that his investment can drop significantly and he must accept that because he invests in risky assets. He should have held it for a longer period of time, maybe in the next 3 years his investment will bear fruit. The point is to stay patient and HOLD.

R


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June 12, 2023, 01:16:53 PM
 #37

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

It all lies on one's expectations. Probably your friend thought that he caught the bottom. That after he buys, BTC will go up ahead to 100K. But it isn't. He is disappointed and also upset because his initial investment decreased because of the fluctuation gone lower. But guess what? What he feels is normal.

The best thing you can do as his friend is to straighten up his expectation towards his investment. Introduce him to a bigger and longer perspective year from now. Give him points of study about BTC fundamentals. All will be solve with proper education and not you can found in a toxic 15mns videos in Youtube.

After that I'm pretty sure he'll be more knowledgeable about what he is going to do with his own investment, will he cut loss? will he DCA? will he hold? All depends on his decision because that is his own investment and accountability of his own money.

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June 12, 2023, 01:34:00 PM
 #38

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

If he is worried and disappointed that his investment in Bitcoin will fall, he should not invest in Bitcoin from the start. He should have understood that investing in Bitcoin is quite risky. This is not the way to invest with high returns in a short period of time. He should know that his investment can drop significantly and he must accept that because he invests in risky assets. He should have held it for a longer period of time, maybe in the next 3 years his investment will bear fruit. The point is to stay patient and HOLD.

Every investment is risky. but I agree, you should always be prepared for the downfall. Yeah, the spirit only comes with experience, but it's not hard just to do a little research and be somewhat prepared.
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June 12, 2023, 02:01:12 PM
 #39

If you're the one that enroll your friend or tutor him , you should have inform him about the volatile nature of bitcoin which is the important thing for him to note and with this drop now, he won't be bothered that much because he already know how the market is. Your friend needs to work on the long term goal and should not be moved with the market situation now.

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June 12, 2023, 02:12:15 PM
 #40

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

Since you say you are still a beginner here, I can only advise you to look at the market conditions and surroundings before you buy Bitcoin, because buying at any price is not always better even if it is Bitcoin. In fact, this is not a hard blow for everyone, including for yourself because currently many investors prefer stable coins when they see that the SEC is handling two large exchanges that are often used by investors and traders.

So that the decline still occurs, but believe that you and your friends will never lose if you still want to be patient to save the Bitcoin that you bought earlier for a much better price. Because Bitcoin is always more likely to get a price recovery when the big exchange conditions are better and the panic on the part of traders and investors starts to go away.
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June 12, 2023, 02:24:07 PM
 #41

It is good you are here. However, it is also advised that before one gets into any crypto  or bitcoin investment, one should be able to conduct his or her due diligence so as to know and be sure of  what they are about signing up for. These are the mistakes made by investors. They fail to do the needful and that sometimes results to their regrets and recorded failures which they caused on themselves.
I think you should go back with your friend to the drawing board to making a good map outline for your bitcoin investment strategy.
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June 12, 2023, 02:40:53 PM
 #42

I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
The price of Bitcoin is currently still in a good category to buy even though altcoins are experiencing a significant decline in recent days.
For those who have bought Bitcoin as you describe, the best advice is probably to hold on tight.
Don't worry too much about the price, even if you calculate the comparison between the purchase price and the current price, you will already be in a losing position.
At least later in the year or early 2024 the position will turn into a profit.
Don't panic and don't doubt Bitcoin.

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June 12, 2023, 02:50:15 PM
 #43

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

Your friend just need to hodl as we know the fact that Bitcoin is able to recover and even uptrend breaking ATH.  You can also tell your friend to have patience and wait for a year or two and see for himself that his disappointment is just a waste of emotion.  He will never have losses unless he sells at a lost.  You can also try to comfort him negating his disappointment by telling him that Bitcoin halving is just around the corner, and this Bitcoin halving is the catalyst for Bitcoin bull run and eventually the breaking of ATH records.

You can also give a suggestion that DCA-ing while Bitcoin price is low is another good strategy to average down the price of his bitcoin investment entry point.
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June 12, 2023, 02:50:53 PM
 #44

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

If he is worried and disappointed that his investment in Bitcoin will fall, he should not invest in Bitcoin from the start. He should have understood that investing in Bitcoin is quite risky. This is not the way to invest with high returns in a short period of time. He should know that his investment can drop significantly and he must accept that because he invests in risky assets. He should have held it for a longer period of time, maybe in the next 3 years his investment will bear fruit. The point is to stay patient and HOLD.

Every investment is risky. but I agree, you should always be prepared for the downfall. Yeah, the spirit only comes with experience, but it's not hard just to do a little research and be somewhat prepared.

To many opportunities brought up by bear market condition so people should prepare on this situation since this mean that earning time is coming. Although not everyone could adopt because they got feared that more dump to come with it that's the reason why other can't adopt to the current situation showing up in their faces. But thru experience that we encounter for sure if we could see this scenario will came realization will come to us and think about accumulating when sane like scenario will happen again.

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June 12, 2023, 02:51:32 PM
 #45

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

It would be wrong if everyone knew how much bitcoin would cost tomorrow. Everyone would get rich right away, and this can't be either.
What should we do?
To look for market patterns, for example, such as for 3-4 years of the bear market direction, there is 1 year of a bullish rally. Now, at the beginning of the era of neural networks, it is even easier to predict such patterns, you just need to be able to ask the neural network.
I have always said that there is no way to look into the future. But based on the experience of previous years, you can always try to predict with a high degree of probability how the price course of cryptocurrencies may develop in the future.

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June 12, 2023, 02:53:10 PM
 #46

Since you say you are still a beginner here, I can only advise you to look at the market conditions and surroundings before you buy Bitcoin, because buying at any price is not always better even if it is Bitcoin. In fact, this is not a hard blow for everyone, including for yourself because currently many investors prefer stable coins when they see that the SEC is handling two large exchanges that are often used by investors and traders.

So that the decline still occurs, but believe that you and your friends will never lose if you still want to be patient to save the Bitcoin that you bought earlier for a much better price. Because Bitcoin is always more likely to get a price recovery when the big exchange conditions are better and the panic on the part of traders and investors starts to go away.

Being a beginner in this market has a lot to worry as they don't know yet what bitcoin needs to go thru to sustain its position in this new market.
Let alone experiencing a lot of ups and downs, which for many, can create confusion if they are right about investing in this very volatile market.
They don't know if the decline is good as they have no idea when will it go up again. So quite difficult to know when will they need to sell to get profits.
If you are long enough to witness this market, you will take advantage of the price fall as you know that at some point in the future, it will rise and you will reap your rewards.
However, if you have urgent needs of your money, this is a challenge as you may need to sell your crypto below your buying price. Hence, the dilemma in this market.
With such worry, the advice of investing what you can afford to lose will come in handy. Don't invest if you think you are staking your hard-earned money for nothing.
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June 12, 2023, 03:03:47 PM
 #47

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

I believe your friend didn't understand much about Bitcoin investment; if not, he shouldn't have said he was disappointed because the price of Bitcoin is falling. He is supposed to be aware of bear markets and bull runs. And currently, I can say we are still in a bear market, and during the period of a bear market, you rarely see the Bitcoin price going up, but it often falls, so you friend need to be aware of this at first before it invested.All your friend needs currently is to be patient enough so he should witness a bull run period so it can make a good profit.

Bitcoin investment is not just what you invest and just make your profit easily in short time unless we are in a bull run period, and a bull run period is not the best time to buy Bitcoin, because you may not make reasonable from it due to the price will be high that time, so the best time to but Bitcoin is in bear market period so you can make a reasonable profit when the price of Bitcoin start pumping.

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June 12, 2023, 03:14:49 PM
 #48

If your friend is investing in crypto money, he should get used to such situations. Such incidents have happened many times and will continue to happen. As you stated in your topic title, I see such situations as buying opportunities. As a result, we can get a cheaper bitcoin than the price we bought yesterday, and it could be more expensive tomorrow. If Bitcoin drops further, we'll still buy it. Because we know that the price will increase. If we make our investment with this thought in mind, we will be more comfortable.
When you have cash in your hands then this isn't really that upsetting because you could buy bitcoin, that would be the smart thing to do and I understand it. However, when you are holding bitcoin and have no cash at all to spend on buying more bitcoin, then it is not going to be the same, because those people only get to see their value go down and their investment crashing, nothing more.

This is why I believe that we shouldn't really be worried about anything like that, and we should be considering this as a bit of a problem for me. In the end we shouldn't be guessing anything worse or better, we should simply just understand that they are not happy, plead them to hold, and the ones with cash on their hands end up buying from people who fail to hold.

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June 12, 2023, 03:21:54 PM
 #49

The decline that occurs in the value of Bitcoin is what we usually feel, and currently the decline that occurs still has not reached the minimum number because in the past the value of Bitcoin has not reached the highest number like today, if your friend feels panic about this decline then it is a mistake for him because because of the old investors this is what they are used to and the decline that occurs today they use it to continue to increase their investment because for the future the value  Bitcoin will definitely rise again, so investing must be ready in any situation until we can achieve success.

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June 12, 2023, 03:29:14 PM
 #50

      -  As of the moment, if we look at the crypto market, it's too painful for the eyes, but for others, it's good in their eyes because it's a good opportunity for them to buy top altcoins that are now falling in value. Because they know it can recover in a short period of time just like Bitcoin.

But this is something else that causes concern because it pushes them to sell their holdings even if it is at a loss thinking that it will continue to fall in the market when the truth is that it will not happen. That's why the market is as unpredictable as what is happening now to be honest.

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June 12, 2023, 03:39:24 PM
 #51

There are many underlying factors for the market price correction. One is exchanger issues,and another is the cme gap as we all know. Ofcourse it would be better to buy at a lower market value but problem is lack of assurance with the bottom. You'd be lucky if you would be able to predict the bottom price of it. The market price which is currently around $25.8k could still fall. Now as an investor, you may wait for a lower market value to avail bigger discount but since there's no certainty of the anticipated price correction, it would be some sort of a gamble waiting for more. The market price could recover anytime so better check your expectations. It is either to wait for a little longer or to invest now and/or buy already and ignore possible downfall of the value. Entering at a lower msrket price would generate bigger profit, so remain determined still.

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June 12, 2023, 04:02:30 PM
 #52

Currently Bitcoin is declining again and we as investors must be able to take advantage of this opportunity to invest, never be afraid and sell back Bitcoin when we are experiencing losses This is a wrong decision, because all there are times when price ups and downs in the crypto world are commonplace, so your friend must explore the crypto world so that he is calmer when things like today, So rest assured the price of Bitcoin will rise again for the foreseeable future.

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qwertyup23
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June 12, 2023, 04:07:52 PM
 #53

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

While this may be true, remember that one of your basis on forecasting the price of BTC in the future would always be the price history chart.

When I first started my journey in BTC, the price was roughly around ~$4,000. Currently, the price sits comfortably around $25,000 which is around a 650% increase where I initially started. By this fact alone, this should at least muster you the courage to invest your extra funds for long-term usage. Considering that the fork will happen in the year 2024, there is a relatively high chance that its price may skyrocket during that time.

At the end of the day, an investment is an investment regardless of the time-frame you have considered. Treat it as something that can yield profit in the near future depending on its price on the market.

R


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June 12, 2023, 04:17:49 PM
 #54

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
You don’t just expect bitcoin to be rising always, their will definitely be fall, few months ago bitcoin price was around $16k and it pumped to around $30k, people didn’t make any noise, but little dump that happened everyone is panicking and making noise online even people that are not holding bitcoin are making noise. As a newbie all we should learn is to have patience and we should be able to hold, the current dump is just temporary, another opportunity to buy more bitcoin so we shouldn’t panic, just keep on holding your bitcoin and with time the price is going to bounce back.

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June 12, 2023, 04:27:15 PM
 #55

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

I empathize with your friend for his unfortunate experience of facing losses due to sudden decline in Bitcoin price caused by the SEC regulation issue. However. we need to understand that crypto market is highly volatile and unpredictable. Such situation can emotionally disturb many investors, but we need to be patient and continue holding our investment for potential significant returns in future.









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June 12, 2023, 04:39:18 PM
 #56

Incidents like this are nothing new and there is no need to worry too much in our opinion for events like this, Bitcoin is volatile and this is a normal occurrence because prices are always changing and this is a correction that takes quite a while this year. now yes that Bitcoin is still in a low place and has a great opportunity to take advantage of current conditions for long term investment.

As long-term investors they have accumulated all this time because this is a good opportunity for them before waiting for the price to recover and increase, some of them have done DCA from the beginning of the correction until now, and as small investors we follow several ways of them to take advantage of current market conditions.

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June 12, 2023, 05:37:30 PM
 #57

This is why dollar-cost averaging(DCA) is one of the best strategies especially for newbies — because lump sum buys gets them to panic over price drops/crashes. At least with DCA, a price crash could make them automatically look at it as an opportunity.
True. Newbies are still very sensitive to price fluctuations so when bitcoin price drops, they worry too much that they start forgetting that it’s a great opportunity to buy. That’s why DCA is the best key so they can maximize their accumulation, regardless if the price is dropping consistently. The thing in their mind is, at least even if they are losing, the amount is just very small that they can actually afford it losing.

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June 12, 2023, 05:44:46 PM
 #58

      -  As of the moment, if we look at the crypto market, it's too painful for the eyes, but for others, it's good in their eyes because it's a good opportunity for them to buy top altcoins that are now falling in value. Because they know it can recover in a short period of time just like Bitcoin.

For a person who has been involved in the cryptocurrency industry, this price movement is too normal.  Bitcoin had been labeled as highly volatile, so a price swing like this is no special, else Bitcoin won't be label as one right?

This scenario will be painful to people who invested in Bitcoin but lack money for their daily needs.  Since they have to convert their BTC to cash in a low conversion ratio.

But this is something else that causes concern because it pushes them to sell their holdings even if it is at a loss thinking that it will continue to fall in the market when the truth is that it will not happen. That's why the market is as unpredictable as what is happening now to be honest.

Naive people will think that way but those who are familiar with the market see this as an opportunity to accumulate.

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June 12, 2023, 05:46:27 PM
 #59

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

I empathize with your friend for his unfortunate experience of facing losses due to sudden decline in Bitcoin price caused by the SEC regulation issue. However. we need to understand that crypto market is highly volatile and unpredictable. Such situation can emotionally disturb many investors, but we need to be patient and continue holding our investment for potential significant returns in future.

I like your ideas about what the OP is trying to tell us, we all should take advantage of the price now that it has dropped to this amount all of a sudden, anyway, this is not the first time we are facing such a thing on the bitcoin market, since today I have been watching the price of bitcoin and I noticed that the price hasn't increased or reduced more than the way it is now but that does not mean that the price will not increase or decrease anytime soon so we should take advantage of the price now before the price pumps

R


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Z-tight
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June 12, 2023, 05:56:14 PM
 #60

      -  As of the moment, if we look at the crypto market, it's too painful for the eyes, but for others, it's good in their eyes because it's a good opportunity for them to buy top altcoins that are now falling in value. Because they know it can recover in a short period of time just like Bitcoin.
Altcoins and BTC isn't the same thing, so don't think because BTC always recovers its value in price, that altcoins would also do the same thing, there is a reason why BTC recovers after plunging, it is because it is useful and there is demand for it. Meanwhile it is so hard to find a useful altcoin, so don't buy them thinking they will always recover like BTC, and if you are holding it and it starts falling, you should probably sell it and reduce your loss.

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June 12, 2023, 06:24:03 PM
Merited by aylabadia05 (1)
 #61

Currently, we find ourselves in an accumulation phase, to be frank. However, it's important to acknowledge that some individuals are bold enough to accumulate assets even during a bear market. They believe that the market will continue to decline and choose to wait for that moment. Unfortunately, such individuals often end up purchasing assets at high prices and subsequently regret their decision. Presently, the market is experiencing a significant downturn due to a multitude of negative news. Nevertheless, I am confident that in a few days' time, the situation will become clearer, and the market will regain momentum. Therefore, those who have the courage to accumulate now and are willing to take the risk may reap the benefits in the long run.

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June 12, 2023, 06:43:01 PM
 #62

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
That’s the reason why we should only invest at a manageable amount, especially in a highly volatile investment like bitcoin. And know that not all the time bitcoin price keeps surging, it will always have its certain price drops which makes the crypto market becomes too much unpredictable. However, instead of panicking, we should always see it as another opportunity to buy and invest more. Buy when the price is low, that’s the only way we can maximize our bitcoin accumulation and it’ll paid off when it’s value reaches another all time high.

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June 12, 2023, 07:04:18 PM
 #63

If your friend is going to get nervous because the price drops a little, he's doing it wrong. Either he is not thinking long term or that $1,000 is money he may need in the short to medium term. It is better to study bitcoin, its history and price behaviour in cycles to get an idea of what is to come, and be prepared for HODL for a long time to come, if you do things right, a little rise or fall in price should not even faze you.

 Otherwise, I can already see your friend selling at $1100 because he's short the money when he can easily make x5 in a couple of years.
Your friend is just like anyone else that enters the market less knowledgeable and skillful. But know that everything is learned and mastered, and trading is not an exception. Though it’s okay to feel panic and lose at first because that’s how trading is, but learned also from your mistakes. Seeing the price of bitcoin dropping is never a loss actually, in fact it gives us more opportunities to earn more and gain more. So invest but do it at your own risk.

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June 12, 2023, 07:50:24 PM
 #64

Every form of investment have got risk in it. With bitcoin it is high because of the volatility. When a person gets into bitcoin investment for the first time he/she'll find it strange, because the price drops will happen in larger margin. Some out of panic just end up their involvement with bitcoin. Whenever price fall happens, automatically there'll be Whales who take advantage and buy more. When it comes to cryptomarket we should have the patience, if not we cannot make our portfolio strong. When price fall takes place we should have the mind to take the short term profit, if not we should be long term focused.
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June 12, 2023, 08:25:58 PM
 #65

Trading Bitcoin has been a real rollercoaster lately, especially for investments. It's a pity that your friend bought $1000 worth of Bitcoin only to see the price take a nosedive. But here's the thing: predicting the future of Bitcoin is like trying to guess the lottery numbers. We can't control it. This isn't the first time prices have tanked, though. Maybe we can see the bright side and use this opportunity to buy some Bitcoin while it's cheap. By the way, if anyone here has insights into why prices keep dropping, we'd love to hear them. Being newbies in this crypto world can be tough, right? But hey, that's why we're here – to support each other like a family.

Bitcoin has been on the decline for a long time, not recently, and we are in a bear market, it should be taken as normal. We do not know what will happen in the future, but it is an insult to Bitcoin to consider the future of Bitcoin, which has radically changed the money markets, the economic market, is equivalent to predicting lottery numbers. There is no need to talk much about Bitcoin and I am just sending you https://bitcoin.org/bitcoin.pdf and advise you to read it carefully. You must read for your future.

If i'm going to speak for the Bitcoin intake, there is a simple rule; Buy when the price is low and sell when the price is high. But this is easy to say, hard to do. I recommend using an average dollar cost strategy rather than timing the market. In this way, you can reduce the effect of market volatility by investing a small amount in an asset such as crypto money, stocks at regular intervals. You should always make sure that you have enough savings for this,. If you believe that your Bitcoin investment will increase in value in the long run and experience price fluctuations in between, you can use the average dollar cost strategy. Here we all know that Bitcoin will reach levels that cannot be reached in the long run so it is not too late to invest.

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June 12, 2023, 08:41:22 PM
 #66


Crypto is not easy and thats exactly what they'd lean by now of they invest BTC while it goes $30k just weeks ago. Newbies have to also endure what the old investors did back in 2018. They can look at this as a test of patience. And the more you'd be tested if you got altcoins.

But it will be rewarding when all these bears are gone. Its not easy to keep waiting but fortune favors the bold.
Newbie should learn the foundations of investment before venturing into it, I believe that its one the major things that causes people to lose during the time of bitcoin investment, the things that makes people to always experience kind of lose in bitcoin investment is inability to read a chart of bitcoin and comprehend exactly what graph of the chart is all about, during bitcoin investment you have to understand the movement of candles sticks before you purchase a bitcoin for short time investment, but a process whereby you have in mind for investing in bitcoin for long duration, I believe that from my perspective you don't need to concentrate much for the chart of market before purchasing, in summary short term investment required a total examination of chart before purchasing.

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June 12, 2023, 08:43:36 PM
 #67

Trading Bitcoin has been a real rollercoaster lately, especially for investments. It's a pity that your friend bought $1000 worth of Bitcoin only to see the price take a nosedive. But here's the thing: predicting the future of Bitcoin is like trying to guess the lottery numbers. We can't control it. This isn't the first time prices have tanked, though. Maybe we can see the bright side and use this opportunity to buy some Bitcoin while it's cheap. By the way, if anyone here has insights into why prices keep dropping, we'd love to hear them. Being newbies in this crypto world can be tough, right? But hey, that's why we're here – to support each other like a family.

Bitcoin has been on the decline for a long time, not recently, and we are in a bear market, it should be taken as normal. We do not know what will happen in the future, but it is an insult to Bitcoin to consider the future of Bitcoin, which has radically changed the money markets, the economic market, is equivalent to predicting lottery numbers. There is no need to talk much about Bitcoin and I am just sending you https://bitcoin.org/bitcoin.pdf and advise you to read it carefully. You must read for your future.

If i'm going to speak for the Bitcoin intake, there is a simple rule; Buy when the price is low and sell when the price is high. But this is easy to say, hard to do. I recommend using an average dollar cost strategy rather than timing the market. In this way, you can reduce the effect of market volatility by investing a small amount in an asset such as crypto money, stocks at regular intervals. You should always make sure that you have enough savings for this,. If you believe that your Bitcoin investment will increase in value in the long run and experience price fluctuations in between, you can use the average dollar cost strategy. Here we all know that Bitcoin will reach levels that cannot be reached in the long run so it is not too late to invest.
For people who had been on this market for a while now wont really be getting shocked if the market goes like this but the fact that they would rather be get the opportunity to buy in cheap coins
but for noobs who had just stepped into this market would definitely be having that kind of whining and crying about their portfolio on seeing those declines or decrease which is something that you would
really be needing to control your emotions and mindset because if you dont then you would definitely really be ending up on having that panic sell which is something that mostly to happen.
This is why its really that important that you should really be that sensible on what are the things that you should really gonna do specially on market conditions like this. Treat up that market does have
its ups and down on which it is really just that casual, there are really just that people who cant really be able to bare out their emotions and make out some impulsive kind of actions.
We know that market could be going ups and downs and its just normal that we do really see those red long candles specially if there are some economical news which it is something that inevitable.
There are just those people who couldnt really just resist on not to make out those reactions.

R


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June 12, 2023, 08:46:31 PM
 #68

In my opinion, one should definitely take advantage of the market going down. In the current market, everything is much cheaper than before, which I think traders will benefit from. There will be profit. I will also buy some because of this market going down.
It is good if someone can take advantage by buying some crypto coins nowadays. But it is surely not a must if someone already spent his money on some crypto coins. Buying in the current market situation is only applied to people who still have enough money. I also rarely buy crypto coins now because I have spent a quite big amount of money before. I already have some crypto coins, I think I don't need to buy so many crypto coins. Anyway, no guarantee for profits although buying in the current market situation. It depends on the strategy to use and how patient to hold the coins.


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June 12, 2023, 10:34:15 PM
 #69

What has your friend been anticipating ever since he bought bitcoin? Was he under the impression that the moment he invested in Bitcoin, the price would start to rise and would never appear to decline in price? When I hear newcomers complaining that bitcoin's price is dropping and they are losing money, it genuinely makes me uncomfortable because it is well known that the only way to lose money in cryptocurrencies is to sell rather than hold onto your investments.

Beginners in the crypto space would be better to alter their perception of bitcoin as a get-rich scheme in which they should only invest money they can't afford to lose.

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June 12, 2023, 10:58:22 PM
 #70

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin.
sad to hear your friend situation that should bear the risk dropping price of the bitcoin. But that is a normal situation in bitcoin sphere. she / he just wait and hold untill the price go up. 

I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
i ever found bitcoin price analyst on social media then he share his analysis to his community that is created by him on social media. you should a person like that to get easier price analysis the get earning.

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June 12, 2023, 11:07:35 PM
 #71

It is good if someone can take advantage by buying some crypto coins nowadays. But it is surely not a must if someone already spent his money on some crypto coins. Buying in the current market situation is only applied to people who still have enough money. I also rarely buy crypto coins now because I have spent a quite big amount of money before. I already have some crypto coins, I think I don't need to buy so many crypto coins. Anyway, no guarantee for profits although buying in the current market situation. It depends on the strategy to use and how patient to hold the coins.
Yes, it is not necessary to buy if you already have but you can take the advantage of the price by buying more. Bitcoin investment is risky but the profit is also high. So buy with what you can afford to lose, and always keep some spare money to buy more if the price is right.
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June 12, 2023, 11:15:03 PM
 #72

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
You're aware of your ignorance so you should also know the answer for your question, you know what you lack of so why not start with it?
Most of newbie's fall victim to it, because they didn't really study it, they doesn't have plan and most of all they only see the profit they doesn't acknowledge the risk on investment.
If you know how to handle or manage your investment I think you could earn from those price fall.



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Rainbot
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June 12, 2023, 11:24:19 PM
 #73

      -  As of the moment, if we look at the crypto market, it's too painful for the eyes, but for others, it's good in their eyes because it's a good opportunity for them to buy top altcoins that are now falling in value. Because they know it can recover in a short period of time just like Bitcoin.
Altcoins and BTC isn't the same thing, so don't think because BTC always recovers its value in price, that altcoins would also do the same thing, there is a reason why BTC recovers after plunging, it is because it is useful and there is demand for it. Meanwhile it is so hard to find a useful altcoin, so don't buy them thinking they will always recover like BTC, and if you are holding it and it starts falling, you should probably sell it and reduce your loss.

Even the top altcoins do not guarantee that they will recover like bitcoin. Indeed, bitcoin is the only currency that is useful and has real demand, the rest is speculative, so we need to accept high risk when investing in altcoins.
In my opinion, this is still not the right time to invest in altcoins. The market is still very bad, and if bitcoin has another drop, many altcoins will fall dramatically and be hard to recover. Be cautious when investing alt these days.

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June 12, 2023, 11:40:11 PM
 #74

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
You should explain to your friend that this is usual in the crypto world and that what is occurring now is simply an opportunity to invest. If he believes that red days are unsafe in Bitcoin, he is mistaken. To be honest, it's risky when the price is already at its highest point because people who acquired at a low price will tend to sell their Bitcoin bags. No one wants to sell their assets without a profit, and no one wants their profit to be zero, which is why buying at such a high price is extremely risky. Every time the price reduces, I remind myself that it's an opportunity for others to buy before the price rises again.

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June 13, 2023, 01:29:52 AM
Last edit: June 13, 2023, 01:42:42 AM by Stella Mese
 #75

Bitcoin has a fluctuate nature and beginners should know all about it.
and I want to ask if he knew before investing in btc about the risks of investing in btc?
that's why many people suggest that investing in BTC should use money that is ready to lose, so if we use money that is ready to lose, of course it won't make us mentally fall when the price of BTC goes down.

In my opinion, what we need when investing in BTC is patience, awareness, and must be strong to hold and sell it when we have made a profit.
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June 13, 2023, 01:59:35 AM
 #76

Altcoins and BTC isn't the same thing, so don't think because BTC always recovers its value in price, that altcoins would also do the same thing, there is a reason why BTC recovers after plunging, it is because it is useful and there is demand for it. Meanwhile it is so hard to find a useful altcoin, so don't buy them thinking they will always recover like BTC, and if you are holding it and it starts falling, you should probably sell it and reduce your loss.

It is correct to state that altcoins are not comparable to Bitcoin as far as their fundamental characteristics are concerned. Bitcoin has its unique position and it is leading crypto currency with largest market capitalization. It has also gained significant adoption and recognition which contributes to its ability to recover from plunges. Bitcoin is also considered store of value and hedge against inflation. On the other hand alts are created for a specific purpose and they use different technology compared to Bitcoin. Some altcoins aim to provide solution for decentralized finance (DEFI). However, not all alts have strong use case or clear utility. In view of aforementioned factors, it is important to invest in altcoins after through research of their fundamentals and utility, as well as evaluate your financial situation prior to making investment decision.









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June 13, 2023, 02:50:51 AM
 #77

Altcoins and BTC isn't the same thing, so don't think because BTC always recovers its value in price, that altcoins would also do the same thing, there is a reason why BTC recovers after plunging, it is because it is useful and there is demand for it. Meanwhile it is so hard to find a useful altcoin, so don't buy them thinking they will always recover like BTC, and if you are holding it and it starts falling, you should probably sell it and reduce your loss.

It is correct to state that altcoins are not comparable to Bitcoin as far as their fundamental characteristics are concerned. Bitcoin has its unique position and it is leading crypto currency with largest market capitalization. It has also gained significant adoption and recognition which contributes to its ability to recover from plunges. Bitcoin is also considered store of value and hedge against inflation. On the other hand alts are created for a specific purpose and they use different technology compared to Bitcoin. Some altcoins aim to provide solution for decentralized finance (DEFI). However, not all alts have strong use case or clear utility. In view of aforementioned factors, it is important to invest in altcoins after through research of their fundamentals and utility, as well as evaluate your financial situation prior to making investment decision.

But so far, have you seen any altcoins put into practice like bitcoin? Altcoins always claim to have new technology and superior solutions than bitcoin, but all is still in theory, not a single coin has brought real value. As far as I can see, it's all just speculation, there hasn't been a serious project that has created real value to put into practice. The proof is that potential projects grow very well during the bull season and disappear during the bear season. Unlike bitcoins that last over time, in addition to being used for investment purposes, it is also used as a means of payment, store of value, and more...

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June 13, 2023, 03:07:32 AM
 #78

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

The recent falling of the price of Bitcoin and the entire cryptocurency market is because of the lawsuit that the United States Security and Exchange commission is suing Binance US and Coinbase for offering security trading and other irregularities that they're accusing the exchanges of commiting. The market has reacted in a negative way because everyone is scared of what will happen next.

Individual are selling their coins in a defensive approach as they believe the market is going to crash but the market is holding strong to the fud the news has been bringing to the market. We have to ignore all that's going on and keep accumulating more Bitcoin as they're cheap.

R


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June 13, 2023, 03:28:39 AM
 #79

I think, your friend don't really have ideas on crypto investment because whenever the price of crypto is decreasing in the market show that there is opportunity for investors to buy and continue holding until the bullish season appear before he or she can sell to make a good income. Just try and encourage your friend not to panic for the dropping of the market price than to continue holding because bullish season is very close for those that invested in the past to achieve something good from their investment. In crypto investment there are two things you will experience from the market which are dumping and pumping , so don't be panic when bearish season occur in the market than to endure by holding till bullish take over.

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June 13, 2023, 07:33:14 AM
 #80

It is essential to train the mind to think logically and rationally before making decisions. Having a reference from a Bitcoin price analyst is highly valuable. It greatly aids in stimulating your logical thinking when you feel perplexed about market movements. Other people's opinions can be digested into more mature data that becomes our own version.

I can recommend you to follow some trading signal providers who also educate their participants. From there, you might absorb some knowledge and apply it to become more sophisticated data.
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June 13, 2023, 07:55:09 AM
 #81

It is essential to train the mind to think logically and rationally before making decisions. Having a reference from a Bitcoin price analyst is highly valuable. It greatly aids in stimulating your logical thinking when you feel perplexed about market movements. Other people's opinions can be digested into more mature data that becomes our own version.

I can recommend you to follow some trading signal providers who also educate their participants. From there, you might absorb some knowledge and apply it to become more sophisticated data.

Seeing the opinions of different analysts is useful for keeping the big picture, you may not agree with many of them, but perhaps you will see important details from someone that you yourself missed.

Over time, you will determine for yourself a few of the best, so as not to watch everyone in a row, because there are a lot of bad analysts and their analysis is not worth the time spent. But there are also very good analytics and, unfortunately, they do not share information as often as we would like.

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June 13, 2023, 08:12:30 AM
 #82

It's funny that some people just can't get into crypto because they are afraid to buy low but gladly buy high before the fall and sell it after because of the fear that everything will fall even lower.
The best advice is to buy every time price goes down or just DCA and HODL.

Just hold crypto and don't sell it.
It's an investment, not a quick buck.
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June 13, 2023, 08:41:17 AM
 #83

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

The rise and fall of Bitcoin probably depends on the news, fud, or hype of popular celebrities who are open to Bitcoin or cryptocurrency such as Elon Musk and others. In addition to this, those who do short or long-term trading in this field, in fact.

That's why if Bitcoin falls in the market we should not worry or be afraid because the market is unpredictable. Things often happen that we don't expect for sure in the end. That's why it's important that we have knowledge about it and zero knowledge about it is not possible.



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June 13, 2023, 08:53:27 AM
 #84

I think you should explain to your friends that in the crypto world it is normal that there will be dips and price rises, so when there is a dips it is actually a good moment to buy, and when there is an upswing of course. is a moment to sell, but in terms of every investor has their own way because there are those who invest for the long term and there are those who invest for the short term, for long-term investments of course when there is a decline in prices they usually don't panic.
because it will be sold in the future when it makes a big profit.

 You asked in the right forum, I hope you are satisfied with the answers from all of in this forum.

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June 13, 2023, 10:51:56 AM
 #85

Those who have specific knowledge about Bitcoin or cryptocurrency should not be disappointed by investing in Bitcoin if its price falls. Bitcoin's popularity is due to its price volatility. Its price will rise and fall at times. So there is no reason to be disappointed by investing in Bitcoin. Frustrated by your friend investing in Bitcoin because he doesn't know enough about Bitcoin. As the price of Bitcoin falls, the amount of investment in Bitcoin increases much more than before. So don't be disappointed if the price of Bitcoin falls, invest more in Bitcoin according to your ability.

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June 13, 2023, 11:36:45 AM
 #86

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time
Therefore, suggest to your friends that if investing in bitcoin, the first is not to panic too easily when the price of bitcoin decreases. Whether it's a slight decrease or a significant decrease, in essence, you have to stay relaxed. Because if the price of bitcoin decreases, it will not stay below forever, but will definitely continue to increase. So this is where it is important for beginners to learn about the price cycles that bitcoin usually experiences. So that you are not easily surprised when the bitcoin price is decreasing. So the disappointment experienced by your friend, I consider it his own fault. Because they don't study the science and systems that run on bitcoin.

That's the importance of learning first before starting to invest in bitcoin, so you don't regret it in the end. Because no matter how good a bitcoin asset is, if it is run by people who lack experience and lack of knowledge, it is certain that the results will not be maximized (profits). And the future cannot be predicted by anyone, but when it comes to investing or trading bitcoin, it can still be predicted using analysis techniques and existing bitcoin cycles.

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June 13, 2023, 12:02:29 PM
 #87

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin.
There is no forecast term in bitcoin and all we can do is predict and there is no accuracy in the predictions made because it talks about price volatility. This season is also the same as the previous season, only the price difference is because bitcoin has cycles in its journey where there are times when it is corrected and sometimes it is also pumped. That's what bitcoin journey and investment experience will bring your friends to understand bitcoin in the market.

Remain calm and have nothing to worry about as there will be times when bitcoin is gradually pumping back towards recovery. The recent ESC case suing Binance US again took the crypto market sideways due to the fallout from this issue, so holding all existing bitcoins is the solution.

I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
No matter how deep the analysis is there is no guarantee of accuracy and don't just rely on other people's analysis and make your own studies of price predictions based on previous history. You can see how the aftermath of the exchanges having problems with the SEC and the crypto market is turning sideways again and there will be other events that will continue to occur at any moment beyond predictions.

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June 13, 2023, 05:03:26 PM
 #88

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
The best time to invest is right after the crash cause you know the price went deep down and you know the potential of the Bitcoin so if you have the money then just go and buy Bitcoin directly but don't expect it to go green in the next day itself here is where most people make mistakes they panic if price falls further and sell for loss while the ones who are successful are the ones who held their assets when all others are selling it.









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June 13, 2023, 07:59:31 PM
 #89

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.


If we look at the portfolio for the last three months, the price of Bitcoin has dropped to $25,823. But if we look at the calculation of last one month then Bitcoin price has decreased by 4.5%and if we calculate the last two months then it has decreased by 14.4%. I think those of us who invest in cryptocurrency is used to seeing the price of Bitcoin go up and down. Because those who are real investors invest in crypto market knowing the risk and wait for the right time to profit from it. So this is nothing new for a genuine investor but now it is going to be a good opportunity for new investors or those who want to learn something by investing here. Because if they buy some amount of BTC and hold it for a long period of time then sell it when the BTC price is pumped I expect them to make a good profit from this crypto platform.

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June 13, 2023, 08:40:28 PM
 #90

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Bitcoin is highly volatile in the first place so we should expect that it’s price will never stay up nor low all the time as it’s price will always vary from time to time. So that when bitcoin price drops too low, we will never resort into panicking and decide to sell at a loss. And one thing too, we should only invest on an amount we can afford to lose, as any investment has its own time to lose, and not just consistently winning.

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June 13, 2023, 08:56:24 PM
 #91

Not a lot of people understand this but the price is not just volatile. I know that going up and down is something we see all the time and this is why many people think that its not going to be a special situation, like its just up and down. But when you look at the long term situation, just look at the last 10 years alone, you will see that even with up and down, the long term is always up. We are higher than almost all years aside from 2021 which was a huge bull year, and I bet you that in the next 2 years we are going to have a higher year than that as well. So its not really volatile and up, its also just up when you zoom out a bit. This is why when it falls, its always better to buy as much as you possibly can, that means you will profit a lot in the future.

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June 13, 2023, 09:11:34 PM
 #92

If your friend is going to get nervous because the price drops a little, he's doing it wrong. Either he is not thinking long term or that $1,000 is money he may need in the short to medium term. It is better to study bitcoin, its history and price behaviour in cycles to get an idea of what is to come, and be prepared for HODL for a long time to come, if you do things right, a little rise or fall in price should not even faze you.

 Otherwise, I can already see your friend selling at $1100 because he's short the money when he can easily make x5 in a couple of years.
Well said. Panicking when you see the price is declining is never a good mindset. Your friend should have known that before he decides to invest most especially that price fluctuations is very possible with bitcoin so if you are not that brave enough, bitcoin investing is never meant for you. And know that bitcoin price drops are always giving us more opportunities to earn and be profitable in the future, so be easy on that and just do the right thing when the price is making a slight correction.
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June 13, 2023, 09:23:00 PM
 #93

If your friend is going to get nervous because the price drops a little, he's doing it wrong. Either he is not thinking long term or that $1,000 is money he may need in the short to medium term. It is better to study bitcoin, its history and price behaviour in cycles to get an idea of what is to come, and be prepared for HODL for a long time to come, if you do things right, a little rise or fall in price should not even faze you.

 Otherwise, I can already see your friend selling at $1100 because he's short the money when he can easily make x5 in a couple of years.
Well said. Panicking when you see the price is declining is never a good mindset. Your friend should have known that before he decides to invest most especially that price fluctuations is very possible with bitcoin so if you are not that brave enough, bitcoin investing is never meant for you. And know that bitcoin price drops are always giving us more opportunities to earn and be profitable in the future, so be easy on that and just do the right thing when the price is making a slight correction.
^ Definitely right both of you.
Instead of panicking, it is good to maintain stay calm and be rational. By doing the right thing during a price correction, such as assessing the market and accumulating more, reevaluating your strategy, or even considering additional investments, you can have yourself for potential gains in the future. Understanding the market will bring you more successful investors instead of panicking, so don't let yourself panic. Because from the start, your friend should have been aware of this before deciding to invest, especially if they were not prepared for the possible volatility.
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June 13, 2023, 10:05:06 PM
 #94

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today,
It cannot be denied that of course many people feel down with the recent market drop. Especially a few days ago where the crypto market crashed very significantly. Not only on Bitcoin but also on almost all altcoins. What happened, too, our portfolio really dropped far. However, it was true that this was not the first time this had happened, in fact it had happened many times. For those who are new, they may be shocked and down. There are even some who are desperate to finally sell off at a low price and end up losing. This is bad, because the market doesn't actually end here.

Basically, when market conditions are like this, all we need to do is be patient. And of course we can take actions that might be very good for us. One of them is that this is actually a good time to add assets that are quite promising for long term holding. If we've been late before, then this time is our chance again for DCA. Not only Btcoins but also top altcoins.

R


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June 14, 2023, 07:26:59 PM
 #95

I think, your friend don't really have ideas on crypto investment because whenever the price of crypto is decreasing in the market show that there is opportunity for investors to buy and continue holding until the bullish season appear before he or she can sell to make a good income. Just try and encourage your friend not to panic for the dropping of the market price than to continue holding because bullish season is very close for those that invested in the past to achieve something good from their investment. In crypto investment there are two things you will experience from the market which are dumping and pumping , so don't be panic when bearish season occur in the market than to endure by holding till bullish take over.
Well, it's not really easy to convince a newbie investor that the market will eventually recover and they shouldn't panic, they would always think that it is all over and their investment is gone and they have wasted their money by investing in Bitcoin because they don't know much about Bitcoin and its history and how severe crashes it had to bear and managed to recover again and that is the reason why it's so strong today.

I'm pretty sure that any altcoin, even ETH, won't be able to survive if there are as many FUDs and crashes targeting it as Bitcoin had in the past, so Bitcoin didn't reach here only just like that, it had earned this position but newbies don't know that and won't even understand at first.

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June 14, 2023, 08:19:19 PM
 #96

The current state of the crypto market can be challenging for some investors, while others may see it as an opportunity to buy top altcoins at lower prices. When a market downturn creates a feeling of uncertainty and causes some investors to sell their holdings, often at a loss, fearing that prices will continue to fall, Relying on emotional reactions and impulsive decision-making due to market volatility can lead to suboptimal results. Instead, you should focus on the fundamentals of the project or cryptocurrency you are investing in. Because, really, the market doesn't follow any rules.
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June 15, 2023, 06:05:01 PM
 #97

Market is unpredictable, and the price can fall at any point, and it could also grow in a short period of time. Market speculation, changes in investors sentiment about the market, economic problems, market manipulations are the cause of price fall. There are other reasons too. There are times for bull runs and times for bearish market. Profits and losses. They are the key elements for the crypto market. Well, it is for every market. But as we are talking about Bitcoin market and its price, let's stick to that for now. If you are really involved in Bitcoin investment, you should know that it is a long term investment asset. You can not make profits overnight and become rich. It takes time. If your friend is somewhat sad about loosing some value after investing, then it's all coming from emotions. And in crypto industry, emotions is the main key which will lead to your downfall.
For some people, price drops are a bad thing. But to those who knows the game, they see this as an opportunity. It is a great time to fill up your bags at a low price. As mentioned earlier, both elements are present here. So bear market cause price drop, and one day bull market will turn it around and the price will grow. It's as simple as that.
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June 15, 2023, 07:03:58 PM
 #98

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Bitcoin is highly volatile, so expect that its price will never be fixed and certain most of the time. Sometimes it’s  high, sometimes it’s heading low, but that is keeping the thrill in bitcoin. However, if we keep on seeing bitcoin price is dropping, don’t panic and become too emotional, that will never stay in that condition forever, sooner it will also surge high and even reach its new all time high. Instead, do the DCA and buy bitcoin as you can. That way, when the market instantly turned bullish, your efforts will also paid off and you’ll reap what you sow and gain huge and exceptional profits.
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June 16, 2023, 03:34:09 AM
 #99

Market is unpredictable, and the price can fall at any point, and it could also grow in a short period of time. Market speculation, changes in investors sentiment about the market, economic problems, market manipulations are the cause of price fall. There are other reasons too. There are times for bull runs and times for bearish market. Profits and losses. They are the key elements for the crypto market. Well, it is for every market. But as we are talking about Bitcoin market and its price, let's stick to that for now. If you are really involved in Bitcoin investment, you should know that it is a long term investment asset. You can not make profits overnight and become rich. It takes time. If your friend is somewhat sad about loosing some value after investing, then it's all coming from emotions. And in crypto industry, emotions is the main key which will lead to your downfall.
For some people, price drops are a bad thing. But to those who knows the game, they see this as an opportunity. It is a great time to fill up your bags at a low price. As mentioned earlier, both elements are present here. So bear market cause price drop, and one day bull market will turn it around and the price will grow. It's as simple as that.
So, you propose the market' volatile, and the bitcoin is a long game, huh? And sentiments can be our nemesis? Theres merit there, cant dispute. But the elephant in the room is the market tampering in this world. The reality of "whales" rocking the market boat is undeniable. How else can one rationalize abrupt value plummets against all bullish signs? Manipulation at play.

Furthermore, lets consider the host of scams and Ponzi games in the crypto landscape. How often have we observed new coins artificially inflated then abruptly ditched? In this domain, you could wake up penniless! Isnt it a high-risk business? Sure, some view dips as doors, but how many declines before you're drowning?

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June 16, 2023, 06:29:23 AM
 #100

The current state of the crypto market can be challenging for some investors, while others may see it as an opportunity to buy top altcoins at lower prices. When a market downturn creates a feeling of uncertainty and causes some investors to sell their holdings, often at a loss, fearing that prices will continue to fall, Relying on emotional reactions and impulsive decision-making due to market volatility can lead to suboptimal results. Instead, you should focus on the fundamentals of the project or cryptocurrency you are investing in. Because, really, the market doesn't follow any rules.

How do you know which altcoins are going to be top altcoins and you seeing others calling an altcoins top through advertisment doesn't mean they're good for making them your top investment. Any altcoins can crash it doesn't matter how big it has become. If it was a scam or poor designs from the beginning and get exposed it'll crash just as we have seen other coins with high market value crashed in the past.

The cryptocurency market is very unpredictable therefore when you want to take advantage of price falls as we experience last week, you have to be careful of your choices of coins to invest in that's why Bitcoin is been recommended because it's different from the rest.

R


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June 16, 2023, 07:20:20 AM
 #101

That is the importance of making a thorough analysis before deciding to enter. And don't ever expect to get big profits in a fast time. because investing in Bitcoin is not like in Shitcoin. Bitcoin needs more time to reach our target bull run. Invest with accumulation gradually and regularly. Do not immediately put all your money in one purchase. And never fear of missing a train as Bitcoin continues to climb in days. keep calm and wait for market correction. And for example, like a few days ago, we saw that the market was undergoing a correction again and that was a good opportunity to accumulate. Suggest your friends to use DCA if your friends want to invest long term in bitcoin.

I came across some interesting news that might have a positive effect on bitcoin's upside. namely about Blackrock which seems to be starting to enter bitcoin at the moment. and we know big companies like Blackrock have enormous influence and wealth. So that I am increasingly determined to accumulate bitcoin and will continue to use it to buy when the market is bleeding.

Sourch:  https://twitter.com/BTC_Culture/status/1669006095677808640?s=20
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June 16, 2023, 07:23:13 AM
 #102

BITCOIN forever - power to the people!
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June 16, 2023, 07:31:49 AM
 #103

Yes, I have seen many people fear about the price fall. They always panic and complains about the price drop of the coins. They don’t see the opportunity here. Price drop is literally like a boon for the investors. In this price drops, the price becomes low and hence we get the opportunity to buy these high priced coins in literally cheap price. We know these coins are limited in number, hence without complaining just accumulate as many coins as you can in this cheap price and hold for some time to see great profits.

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June 16, 2023, 07:42:38 AM
 #104

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

Trading and investments requires patience.
No one can predict the future
Bitcoin didn't go down much, some alts lost much more.
You have to be ready for this. Perhaps a friend was hoping that after he invested his money, the price of bitcoin would immediately begin to rise, but this is not always the case. We must have patience, trade loves the patient. All trading is associated with risk, with nerves, with worries. Your friend needs to be ready for this. After all, a friend knew where he invested money and what the price of bitcoin was a year, two, three years ago. He had to draw conclusions. You probably want to reassure your friend somehow. Volatility of bitcoin it's normal. Tell him that everything will be fine, this is an invaluable experience that he has already begun to receive.

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June 16, 2023, 08:12:41 AM
 #105

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Is your friend aware of how Bitcoin works? Because if he does he will understand the situation because it's expected to happen since the price can't move in just one direction. Probably he didn't do a research before investing that's why he's disappointed seeing the price dropping. This is the reason why we need to fill our minds with knowledge before engaging ourselves so we're prepared for a situation like this and can think of something (buying additional Bitcoin) that can benefit us.

If you want to be a huge gainer then keep holding and teach yourself not to fear the bear season. It's a temporary situation so don't panic and learn to have more patience and don't let yourself be influence of negativity.

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June 20, 2023, 11:59:53 PM
 #106

Trading and investments requires patience.
No one can predict the future

Higher expectations usually bring huge disappointment. Since the Bitcoin price can't actually be predicted on what it will exactly be in the coming years, weeks, and days, it's only expected to be at some certain level, which could also happen sometimes. It's always important to not always have future price predictions in mind because that will always lead most people to make the wrong investment decision. So investing with uncertainty of price, to me, most times is the best, since one is not really expecting to see it at a particular price at a particular point in time. It won't bring more shock if they see the price go down; all that will matter is for them to hit their selling target some day without any specific date given.

R


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June 21, 2023, 12:28:01 AM
 #107

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Probably your friend now is way happier due to the recent price increase. Anyway if he gets so anxious for $1k, which I understand in some countries is a lot of money, maybe he invested more that he should have invested. Bitcoin price is always pretty volatile, if he gets worried now I can't even image what could happen during a long bear market...

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June 21, 2023, 01:01:36 AM
 #108

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

One should never lose patience when it comes to investing. Investing requires patience Your friend bought bitcoins for $1000 dollars but here he pretends to be a small-money owner. But I can see that your friend will be forced to sell at a profit of $100 to $200. Because your friend has never thought about long term investment if he is thinking about long term investment then there are 300 days left for bitcoin halving. And for now the profit can be 7x to 10x times if your friend thinks about long term investment.

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Asuspawer09
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June 21, 2023, 02:33:19 AM
 #109

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

I didn't really feel any price drop I started accumulating again when the Bitcoin market price dropped below 20k$ and for me its really a great opportunity and a good entry, I mean the market really drop last time a see the market price around 30k$ and it drops to around 25k$ which I think is not really bad and now its around 28k$-29k$ and I think it's starting to gain momentum again for another price increase. I mean it's just how the market works, I mean your friend still has a long way with just a small percentage drop he's already giving up and having Fear and probably wanted to sell his Bitcoin already. We are still on a bear market at this rate so we could expect a lot of price increases soon on the bull run.

One of the prices for sure is just to see the price drop as an opportunity to buy Bitcoin, I learned my lesson a long time ago when the bull run start the market price just continue to skyrocket, and just don't be the one buy on top to get it, the easiest way is to buy today or when the market price is still low, with that could minimize the risk and you could HODL and wait you a higher price for profit.

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June 21, 2023, 10:14:30 PM
 #110

When the price declined, a lot of people created topics about it, and some people were just freaking out, like they had lost their entire investment, but I believe the nature of Bitcoin is obvious to them now that the price has seen an uptrend in just a few days. LoL, I feel the uptrending movement is also a shock to some people, and like I said in most of my past comments about price speculation, "some people will begin to regret why they did not buy a week ago when the price dropped to $25k+," but yet they were waiting for the dip to go deeper. Well, the Bitcoin price is very dynamic, and anyone who can't hold, will sell for a cheap price and regret it when the price takes a lift. Some traders that buy low and sell high probably sold at $25k, waiting for $22k or $24k, but disappointedly, the market has gone against them. Buy the dip and hold is what needs to be practice by some new Bitcoiners.

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June 21, 2023, 10:32:17 PM
 #111

If your friend is going to get nervous because the price drops a little, he's doing it wrong. Either he is not thinking long term or that $1,000 is money he may need in the short to medium term. It is better to study bitcoin, its history and price behaviour in cycles to get an idea of what is to come, and be prepared for HODL for a long time to come, if you do things right, a little rise or fall in price should not even faze you.

 Otherwise, I can already see your friend selling at $1100 because he's short the money when he can easily make x5 in a couple of years.
There are many differences between long term hold and short term trading. In short term trading a trader's target is only to make some profit and when they see some profit from their investment they sell it which was like by the op stroy. But long team investment can give an individual a high profit which can be 2-5x and even more. But not everyone has patience for long time hold. for this we see that long term holders are always less than short time trades



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June 21, 2023, 10:56:09 PM
 #112

Not everyone does it. Whenever there is price fall whales take advantage and accumulate whereas the common man investing/buying small amount just gets into panic. Some even sell their holdings, which is a wrong decision. Whenever there is crash in the market we should try to make use of it. All investments were suggested for long term holding, same needs to be the priority with bitcoins. In between if the market gets pushed, then it is time to enjoy the goodness by selling at the best price and making a buyback when there is drop I'm the price of bitcoin.

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June 21, 2023, 11:36:10 PM
 #113

If your friend is going to get nervous because the price drops a little, he's doing it wrong. Either he is not thinking long term or that $1,000 is money he may need in the short to medium term. It is better to study bitcoin, its history and price behaviour in cycles to get an idea of what is to come, and be prepared for HODL for a long time to come, if you do things right, a little rise or fall in price should not even faze you.

 Otherwise, I can already see your friend selling at $1100 because he's short the money when he can easily make x5 in a couple of years.
There are many differences between long term hold and short term trading. In short term trading a trader's target is only to make some profit and when they see some profit from their investment they sell it which was like by the op stroy. But long team investment can give an individual a high profit which can be 2-5x and even more. But not everyone has patience for long time hold. for this we see that long term holders are always less than short time trades
Actions would be made would really be according into your preference and targets on which you have said about short term and long term approach on which it does vary whether you would really be
that keen on taking up some positions whenever the price drops or wouldnt really be minding about your entry since you are after or  going for long term. In overall general sense about price falls
then it would really be the best time to get in on which you could really take advantage for you  to maximize profitability.  Take advantage whenever it drops but since this market is unpredictable
then it would be not shocking that you would really be hesitant on doing so because you would really be having that kind of fear and anxiety which you would be thinking that
the price would going more below on which it would be a common approach for you to mind to wait a little big longer.

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June 21, 2023, 11:38:33 PM
 #114

This was such an obvious suggestion and so many people still ended up losing their chance to earn some money. I am sorry but if you are not entirely sure about what to do, then it is obvious that you are not going to make money from it at all. There are not that many people who would be able to provide you anything better, it was low and people said that everyone should buy since its low, and if you missed your chance then you missed it. I personally believe that the best thing to do in this case is to make sure you are doing as good as you possibly could for the next one at least. When it goes down, that's time to buy and not time to sell, if you sold and not bought, you did exactly what you weren't supposed to do.

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June 22, 2023, 07:10:29 PM
 #115

Not a lot of people understand this but the price is not just volatile. I know that going up and down is something we see all the time and this is why many people think that its not going to be a special situation, like its just up and down. But when you look at the long term situation, just look at the last 10 years alone, you will see that even with up and down, the long term is always up. We are higher than almost all years aside from 2021 which was a huge bull year, and I bet you that in the next 2 years we are going to have a higher year than that as well. So its not really volatile and up, its also just up when you zoom out a bit. This is why when it falls, its always better to buy as much as you possibly can, that means you will profit a lot in the future.
Well, volatility is not something new anymore, but even so, we should have known bitcoin history that bitcoin price has never been fixed nor it’s steadily going up. It’s always a low and high like a roller coaster ride that sometimes you’re up and at some point you’re down. So I think OP’s friend here is not completely aware on the investment he is into. Yes, he’s particularly aware that bitcoin has its high potentials to reach an all time high, but the question is when. That’s why he should be patient enough while waiting for it to come and just learn to take advantage by doing DCA when the price is still affordable to buy.

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June 22, 2023, 07:22:32 PM
 #116

Not a lot of people understand this but the price is not just volatile. I know that going up and down is something we see all the time and this is why many people think that its not going to be a special situation, like its just up and down. But when you look at the long term situation, just look at the last 10 years alone, you will see that even with up and down, the long term is always up. We are higher than almost all years aside from 2021 which was a huge bull year, and I bet you that in the next 2 years we are going to have a higher year than that as well. So its not really volatile and up, its also just up when you zoom out a bit. This is why when it falls, its always better to buy as much as you possibly can, that means you will profit a lot in the future.
Well, volatility is not something new anymore, but even so, we should have known bitcoin history that bitcoin price has never been fixed nor it’s steadily going up. It’s always a low and high like a roller coaster ride that sometimes you’re up and at some point you’re down. So I think OP’s friend here is not completely aware on the investment he is into. Yes, he’s particularly aware that bitcoin has its high potentials to reach an all time high, but the question is when. That’s why he should be patient enough while waiting for it to come and just learn to take advantage by doing DCA when the price is still affordable to buy.
On the time that you had step your foot into this market then this is what you would primarily be able to encounter on which you should really get used to it when it comes to unpredictability and scale of movement of its price on which it would really be that typical if we do speak about falls and going upward movements on which on the time that you do step your foot then you should know on what you should target on. Mistakes and errors are simply that very common because we know that it isnt something that we could really be able to handle it out.Whenever there's a price fall then it would signifies that it is really that the best time to get in, even though
there are some things needs to be considered first before taking further step on which it would really be just normal on having that kind of approach. Usually people do missed out opportunities just because they are really that very hesitant and some arent really that good on emotion handling on which it do result on bad calls and other correlated things into it.

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June 22, 2023, 08:23:01 PM
 #117

Yes, I have seen many people fear about the price fall. They always panic and complains about the price drop of the coins. They don’t see the opportunity here. Price drop is literally like a boon for the investors. In this price drops, the price becomes low and hence we get the opportunity to buy these high priced coins in literally cheap price. We know these coins are limited in number, hence without complaining just accumulate as many coins as you can in this cheap price and hold for some time to see great profits.
True. Some have even resort into making wrong decisions by selling their coins at a loss. Without knowing that instead of panicking and complaining, it’s a great opportunity to accumulate more of the coins since they are sale at a bargain price. And mostly those who behave like this are those who enter the market just for greed, not realizing that it could lead them into losses than attracting profits instead.

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June 22, 2023, 09:27:31 PM
 #118

Yes, I have seen many people fear about the price fall. They always panic and complains about the price drop of the coins. They don’t see the opportunity here. Price drop is literally like a boon for the investors. In this price drops, the price becomes low and hence we get the opportunity to buy these high priced coins in literally cheap price. We know these coins are limited in number, hence without complaining just accumulate as many coins as you can in this cheap price and hold for some time to see great profits.
True. Some have even resort into making wrong decisions by selling their coins at a loss. Without knowing that instead of panicking and complaining, it’s a great opportunity to accumulate more of the coins since they are sale at a bargain price. And mostly those who behave like this are those who enter the market just for greed, not realizing that it could lead them into losses than attracting profits instead.
I could remember that I sold most of my coins too in loses when the price of Bitcoin was falling drastically.
It is very important for us to analyze the market before making any decisions in the market so that we are not going make painful decisions that will affect our holdings and make us regret our actions. It is very important for us to take the opportunity of the market now that price is down and we are expecting the market to go bullish in the main time by next year to make some crazy profits from the market. I hope to see everyone of us that will take the opportunity to be in profits by next year.









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June 22, 2023, 09:38:52 PM
 #119

Yes, I have seen many people fear about the price fall. They always panic and complains about the price drop of the coins. They don’t see the opportunity here. Price drop is literally like a boon for the investors. In this price drops, the price becomes low and hence we get the opportunity to buy these high priced coins in literally cheap price. We know these coins are limited in number, hence without complaining just accumulate as many coins as you can in this cheap price and hold for some time to see great profits.
True. Some have even resort into making wrong decisions by selling their coins at a loss. Without knowing that instead of panicking and complaining, it’s a great opportunity to accumulate more of the coins since they are sale at a bargain price. And mostly those who behave like this are those who enter the market just for greed, not realizing that it could lead them into losses than attracting profits instead.
A greedy person will likely end up failing and usually commit mistakes. This kind of people never see the opportunity of buying when the market falls but what they see is the negative part and make them sell as they are in a panic already. While real investors are busy accumulating more potential coins, these people are already in a hurry to upload their coins.
Well, have been said that not all who come and invest in crypto know what is the best thing to do, many had quit because of that, and do not wonder why many had lose their money as well.

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June 23, 2023, 01:09:30 AM
 #120

Yes, I have seen many people fear about the price fall. They always panic and complains about the price drop of the coins. They don’t see the opportunity here. Price drop is literally like a boon for the investors. In this price drops, the price becomes low and hence we get the opportunity to buy these high priced coins in literally cheap price. We know these coins are limited in number, hence without complaining just accumulate as many coins as you can in this cheap price and hold for some time to see great profits.
True. Some have even resort into making wrong decisions by selling their coins at a loss. Without knowing that instead of panicking and complaining, it’s a great opportunity to accumulate more of the coins since they are sale at a bargain price. And mostly those who behave like this are those who enter the market just for greed, not realizing that it could lead them into losses than attracting profits instead.
A greedy person will likely end up failing and usually commit mistakes. This kind of people never see the opportunity of buying when the market falls but what they see is the negative part and make them sell as they are in a panic already. While real investors are busy accumulating more potential coins, these people are already in a hurry to upload their coins.
Well, have been said that not all who come and invest in crypto know what is the best thing to do, many had quit because of that, and do not wonder why many had lose their money as well.

It can also be said for people who don't buy or doesn't want to when the price is going down, and yet they are likely to buy and FOMO when the price is on a rally, like in a bull run.

So that is another mistakes that I experience before and so I learn from that. There are a lot of opportunities to buy and that is the golden role, but during the dip. You don't need to FOMO, otherwise you might end buying at the top and could be dumping it the soonest, when you start to see the price declining again.

R


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June 24, 2023, 05:48:23 AM
 #121

Obviously if anyone can afford, they should take advantage of the price drop. Think of it as a discount. When the price falls, invest as much as you can, and if the price goes further down, invest more. This way, you will be maximizing your profit when the price of the coins starts to recover. But you need to make sure you are investing in the right coin. As long as you are investing in good coins like Bitcoin, Ethereum, Solana and other well known altcoins (I would still recommend only bitcoin), the chances are the price will go up. Alsoyeah, only invest what you are willing to lose. Money that you won't be needing in next few years.

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June 24, 2023, 05:57:00 AM
 #122

Generally I believe that people are getting better at managing their portfolio and not letting the market play with them emotionally. I think I only speak for this community based on what I see in how people post. It's a lot less "is this the end?" Or "will bitcoin recover?" And a lot more DCA and buy the dip enthusiasm, which is definitely the right way to go. It's nice to see!
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June 24, 2023, 06:13:11 AM
 #123

Obviously if anyone can afford, they should take advantage of the price drop. Think of it as a discount. When the price falls, invest as much as you can, and if the price goes further down, invest more. This way, you will be maximizing your profit when the price of the coins starts to recover. But you need to make sure you are investing in the right coin. As long as you are investing in good coins like Bitcoin, Ethereum, Solana and other well known altcoins (I would still recommend only bitcoin), the chances are the price will go up. Alsoyeah, only invest what you are willing to lose. Money that you won't be needing in next few years.

It's the common move to buy low and sell high especially for the beginners. That's why some people use Bitcoin's volatility to their advantage where if the price goes down they could just simply buy since it's more cheap so when the time it increases it's value, they would profit from it. Bitcoin is actually a good coin to invest with, but there's also other alternatives as you've mentioned and people could invest from it depends on their suitabiliy and convenience. Still Bitcoin still consider the best to invest with since it's the root of almost all of the alternative coins. Just use spare funds for investing so you won't be thinking too much whenever you're about to lose the money at stake.

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June 24, 2023, 01:26:48 PM
 #124

The price of Bitcoin has fallen drastically this year but the market definitely has the potential to grow. The Bitcoin market is not stable but always in a state of flux. It must be accepted that there is volatility in the market, we never know when the market will turn bad. There are many people who make predictions about the Bitcoin market but they cannot guarantee when and how the price of Bitcoin will determine its course. But if an investor keeps investing in Bitcoin at a high price, he must be patient until the market turns bullish again. When a person invests he must be particularly aware of the volatility of the market so that he can succeed in the future. A new investor must know about investing when the Bitcoin market drops. Investing in Bitcoin after learning about Cryptocurrencies well will lead to success in the future.

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June 24, 2023, 03:33:30 PM
 #125

Every investor who invests in Bitcoin must know that it is normal for the price of Bitcoin to go up and down constantly so without worrying about it if he invests in Bitcoin he must be patient because If the price of Bitcoin goes down then surely it will go up again but every trader should take advantage of this opportunity when the price of Bitcoin goes down so when the price of Bitcoin goes down every trader must be patient to invest coins and come out with profit.  When Will Bitcoin Price Fall

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June 24, 2023, 09:08:02 PM
 #126

Seeing the price of bitcoin continue to decline is not a frustration but an opportunity to buy more not just for bitcoin but even some potential altcoins in the market for diversification. So instead of panicking, just stay calm and patient while waiting for it’s price recovery. Know that bitcoin will never stay in a fixed price for the whole time. One day, it’s surging, and then the next day it’s already declining. Get used to it and just take advantage every time you see bitcoin’s price falling, or when you see the whole crypto market is totally in red.

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June 24, 2023, 09:28:29 PM
 #127

Generally I believe that people are getting better at managing their portfolio and not letting the market play with them emotionally. I think I only speak for this community based on what I see in how people post. It's a lot less "is this the end?" Or "will bitcoin recover?" And a lot more DCA and buy the dip enthusiasm, which is definitely the right way to go. It's nice to see!

Based on an experience, this is something that must be considered far ahead, because as we know, no one knows for sure! where is the movement going, and this is very good because most of them have thought about how to find opportunities from bitcoin price movements (especially when the market is Bearish trend).
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June 24, 2023, 10:34:50 PM
 #128

Generally I believe that people are getting better at managing their portfolio and not letting the market play with them emotionally. I think I only speak for this community based on what I see in how people post. It's a lot less "is this the end?" Or "will bitcoin recover?" And a lot more DCA and buy the dip enthusiasm, which is definitely the right way to go. It's nice to see!

People who are in crypto for some time will definitely get better to manage their portfolios.  Since as time goes by they accumulate knowledge either through personal experience or through reading.  Thus it is not surprising that people getting better at what they are doing over the span of time.

Seeing the price of bitcoin continue to decline is not a frustration but an opportunity to buy more not just for bitcoin but even some potential altcoins in the market for diversification. So instead of panicking, just stay calm and patient while waiting for it’s price recovery. Know that bitcoin will never stay in a fixed price for the whole time. One day, it’s surging, and then the next day it’s already declining. Get used to it and just take advantage every time you see bitcoin’s price falling, or when you see the whole crypto market is totally in red.

I greatly agree.  For those who have faith on Bitcoin, falling price of Bitcoin is a blessing for them because they know that they are buying at a discount and that they can have a bigger profit once Bitcoin enters the bull market and started to uptrend.

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June 25, 2023, 11:18:41 AM
 #129

People who are in crypto for some time will definitely get better to manage their portfolios.  Since as time goes by they accumulate knowledge either through personal experience or through reading.  Thus it is not surprising that people getting better at what they are doing over the span of time.
That only applies to someone who really understands crypto and knows what to do.
Absorbing all the essence of the experiences that have been passed so that they can manage the portfolio well.

But for those who can't learn from experience, they are just running in place without any progress.
They do not get better, but become more panicked because of crypto price fluctuations.
This is because they do not learn the basic science of trading and how to manage emotions so as not to get carried away with FUD and FOMO.

I greatly agree.  For those who have faith on Bitcoin, falling price of Bitcoin is a blessing for them because they know that they are buying at a discount and that they can have a bigger profit once Bitcoin enters the bull market and started to uptrend.
For traders who trade futures, all conditions will provide profits whether it goes down or up, because they trade both ways.
Those who believe in Bitcoin will buy when the price is cheap to hold for the long-term, because ATH is near.
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June 26, 2023, 06:56:12 AM
 #130

The price of Bitcoin has fallen drastically this year but the market definitely has the potential to grow. The Bitcoin market is not stable but always in a state of flux. It must be accepted that there is volatility in the market, we never know when the market will turn bad. There are many people who make predictions about the Bitcoin market but they cannot guarantee when and how the price of Bitcoin will determine its course. But if an investor keeps investing in Bitcoin at a high price, he must be patient until the market turns bullish again. When a person invests he must be particularly aware of the volatility of the market so that he can succeed in the future. A new investor must know about investing when the Bitcoin market drops. Investing in Bitcoin after learning about Cryptocurrencies well will lead to success in the future.
Predicting Bitcoin' flight path is as elusive as calling an election's result. The final word belongs to the investors, our voters - doesnt that scream democratic currency? For Bitcoin newbie, buying during a price dip might seem like a spooky forest expedition. But don't the audacious explorers unearth the hidden gems then?

Mastering the Bitcoin game demands patience. Its similar to seizing the opportune moment for a stunning snapshot. If you bide your time, couldnt you immortalize the perfect shot?

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June 29, 2023, 09:55:05 AM
 #131

Generally I believe that people are getting better at managing their portfolio and not letting the market play with them emotionally. I think I only speak for this community based on what I see in how people post. It's a lot less "is this the end?" Or "will bitcoin recover?" And a lot more DCA and buy the dip enthusiasm, which is definitely the right way to go. It's nice to see!

People who are in crypto for some time will definitely get better to manage their portfolios.  Since as time goes by they accumulate knowledge either through personal experience or through reading.  Thus it is not surprising that people getting better at what they are doing over the span of time.


Exactly. Every cycle is another experience and affirmation of how Bitcoin is programmed to work. You can either doubt it and regret it later, or follow it and potentially experience growth unlike any other asset class every 4 years.

Generally I believe that people are getting better at managing their portfolio and not letting the market play with them emotionally. I think I only speak for this community based on what I see in how people post. It's a lot less "is this the end?" Or "will bitcoin recover?" And a lot more DCA and buy the dip enthusiasm, which is definitely the right way to go. It's nice to see!

Based on an experience, this is something that must be considered far ahead, because as we know, no one knows for sure! where is the movement going, and this is very good because most of them have thought about how to find opportunities from bitcoin price movements (especially when the market is Bearish trend).

No one knows for sure but we can know how Bitcoin works economically for a long term view. History proves that the halving creates scarcity and therefore an increase in price. Or at least, it creates enough market speculation to drive liquidity and price. We know that coins are lost, we know that the supply is fixed, and we know that money is printed and supply of money always increases. No one knows what immediately is happening, but all it takes is zooming out to have a better idea of what is expected.
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June 29, 2023, 02:04:54 PM
 #132

It's been a tough time for everyone, especially for those who invested heavily. Unfortunately, predicting the future is not easy in the world of cryptocurrencies. However, let's try to see the positive side of things. This dip in price might be a great opportunity to buy some valuable Bitcoin at a lower cost.
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June 29, 2023, 03:26:57 PM
Last edit: June 29, 2023, 03:39:34 PM by Sayeds56
 #133

Bitcoin and Ethereum didn’t really have a huge drop. It’s the alts that got hit with some losing 25% in a single day. Bitcoin is fairly safe since it’s definitely not a security. Maybe same with ETH. The issue is that the rest might be called a security and no exchange will be able to trade them if they serve us customers.

Hence why the sell off started. I also think that Binance US will close up shop in USA. Basically not worth it for them with all this regulation going on. Fiat deposits and withdraws are also closed. So it’s basically crypto only at the moment.

While it is true that overall alts market crashed significantly due to regulatory concerns raised by EC against Binance, Bitcoin and Ethereum markets remained relatively stable benefiting from their inherent strength. it is almost certain that Binance will shut down its operations in USA and they are likely find a new location to continue their business. Despite this prevailing negative sentiment in the market, the long term outlook market remains bullish as some mega institutions such as Black dock are showing their interest in crypto currencies by seeking approval for spot ETF (Exchange Traded Fund).









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June 29, 2023, 03:36:26 PM
 #134

<>
The problem is that we only make decisions based on someone's outside judgment, asking ourselves the question of whether we really understand the investment and what we have done with it. I find that taking risks and planning from the start has given us a sense of comfort in the face of market fluctuations, understandably people will be comfortable when assets increase, but the short term or the long term game has its calculations, it's not a random thing and wait for luck to increase quickly to make you happy.
Just think about how my emotions are controlled by the market, whenever the price drops, the initial investment is losing and the person is happy, I don't want to say that the truth is like that is no more than a tool to lose money. The market is dominant, so you should be optimistic and responsible for your own actions.

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June 29, 2023, 09:48:58 PM
 #135

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

i get your point but will like you to look in this line on your post,
Quote
at least you can use a small to purchase high value bitcoin.
i think your friend got over excited when he was told at first to buy bitcoin and hold that its going to $60,000 and beyond, in which he/she never had a good knowledge of how it works. thats because that line i quote out is what lead to your friend making that move. please i think the word: SMALL SUM OR AMOUNT {to purchase high value bitcoin}  is the word to fix in that line. cheers......

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June 29, 2023, 09:55:38 PM
Last edit: June 29, 2023, 10:08:41 PM by lalabotax
 #136

Exactly, for we who Are willing for holding,, the price during falling down dan be the best time to DCA and add more amount of Bitcoin. The key is to be patient. Yes, patience can lead us to hold untuk several years.
We may also see other price fall downs someday later, but we must not be panic and drop our motivation and confidence or trust because of it. That is why we must be able to utilize every market condition and manage our fund very well to control the Riska.

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June 29, 2023, 09:58:17 PM
 #137

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away. And I can say your friend OP is not ready to take an edge over the price decline and if he’ll resort into panicking and lose his control, he’ll end up making wrong decisions that he might regret in the end. Maybe you can advise him to stay calm and patient, and let him know that price falls are important so that everyone can enter the market at its maximum accumulation.

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June 30, 2023, 04:23:40 AM
Last edit: June 30, 2023, 07:14:59 AM by RewFrew
 #138

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Ups and down is normal nature for cryptocurrency market. Who are long time in crypto currency market he will know ups and down is normal. Some times it will go up and some times it will go down. It depend on many news and economic situation. But new comers will be frustrated when Market will fall it is also right. Because they are not familiar with this cryptocurrency markets habits. So i think your friend has been demotivated. But when market will up then he will satisfied there has no doubt. I also think we need to advantage of the price fall. If we entire in deep we will be huge profited today or tomorrow.

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June 30, 2023, 04:35:05 AM
 #139

Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away.
You can see it as price fall or as healthy correction. You can be right or wrong but don't let your inaccurate thinking steals your capital. Hold your bitcoin, don't trade especially with leverage, you will secure your capital better even when your thinking about market trend is wrong. It will recover and you must make sure that you don't lose your bitcoin.

Ups and down is normal nature for cryptocurrency market. Who are long time in crypto currency market he will know ups and down is normal. Some times it will go up and some times itbwill go down. It depend on many news and economic situation.
Market moves are like you are riding your motorbike or driving your car on the road or free way. You have to speed up, slow down and can not drive at a speedy rate from beginning to when you park your car or motorbike. Market is the same, it moves up because new capital comes, good news and it falls down because capital is withdrawn from the market, bad news, ...
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June 30, 2023, 04:52:53 AM
 #140

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
I am satisfied with the continues price fall because if this dips doesn't happen how will we make profits from Bitcoin, price fall of Bitcoin creates buying opportunities, and they don't last forever, some people feel depressed when they see Bitcoin going down and if this stays the same way for a longer time they lose hope.

The price fluctuation of Bitcoin will remain a big advantage for those who understands the market's sentimental, we are still in a bear market right now, it won't be this way in the coming year, I will easily make it to a half of Bitcoin by 2024 if this bear market stays longer, I do hope so.

Buy Bitcoin when you have some money and keep doing this till a better season comes and start talking profit, you will make good gains.
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June 30, 2023, 05:01:35 AM
 #141

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

If you guys really wanted to invest your money in Bitcoin, for sure you know that it's not always pumping, and investing your money to it will never be a disappointment unless you don't know what you're doing.

Also, we all know that investing your money into cryptocurrency has its own risk, and before investing, we should expect it coming, that's why if your friend's remaining money is just the $1000, don't invest it all since you gotta have something to spend in your needs and your wants while waiting for the price you are planning to sell.
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June 30, 2023, 05:05:15 AM
 #142

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Ups and down is normal nature for cryptocurrency market. Who are long time in crypto currency market he will know ups and down is normal. Some times it will go up and some times itbwill go down. It depend on many news and economic situation. But new comers will be frustrated when Market will fall it is also right. Because they are not familiar with this cryptocurrency markets habits. So i think your friend has been demotivated. But when market will up then he will satisfied there has no doubt. I also think we need to advantage of the price fall. If we entire in deep we will be huge profited today or tomorrow.
Crypto market fluctuations are as predictable as the moon's cycles. It's a wild ride but also the pulse of this novel financial era, mirroring our ever-evolving global economy.

Sure, rookies might be spooked by the market's volatility. But let's not forget, every expert was a beginner. It's not the dread of defeat that counts; it's the bravery to persevere. Learning is all about taming the unknown. Tagging newcomers as 'demotivated' simplifies their journey.

Jumping on falling prices is an attractive strategy, often suggested with great vigor. But remember, timing the market flawlessly is a fantasy. The market sings its own melody, often off-key with our individual expectations. Invest smartly, not with the bravado of forecasting its every step.

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June 30, 2023, 05:09:30 AM
 #143

Exactly, for we who Are willing for holding,, the price during falling down dan be the best time to DCA and add more amount of Bitcoin. The key is to be patient. Yes, patience can lead us to hold untuk several years.
We may also see other price fall downs someday later, but we must not be panic and drop our motivation and confidence or trust because of it. That is why we must be able to utilize every market condition and manage our fund very well to control the Riska.
there is no longer years than 4 for waiting , meaning if the dumping starts after the bullrun then we will be seeing increase again in the next 3-4 years like what happened for how many times now since bitcoin being introduced .
when the market falls we must take this advantage to buy more or we will be missing another perfect timing to enter market.

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July 13, 2023, 06:10:49 AM
 #144

there is no longer years than 4 for waiting , meaning if the dumping starts after the bullrun then we will be seeing increase again in the next 3-4 years like what happened for how many times now since bitcoin being introduced .
when the market falls we must take this advantage to buy more or we will be missing another perfect timing to enter market.
The bull run would be a time to dump, if the trader is cunning enough or has had previous experience of market cycles. There are people who might hold during this time even after making an unrealized profit but that should be avoided. I don't think missing an opportunity should be given that grave an importance. It is more likely that the contempt is way more than the actual missed profit. Cycles are running and being able to join them at the proper time is important. Don't join at the wrong stage or hurry into them.

With practice traders will catch more opportunities than what they did previously.

R


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July 13, 2023, 12:19:36 PM
 #145

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.


This season is not favourable for mtraders at all and any decision you make has a trader has serious consequences, I saw a lot of mems about how trader look then and how they look now , the problem his most people don't do risk management when trading they use all there money to trade, there should be a limitation set o the amount of money used while trading, and some one they trade and itdoes not favor the next step to take is revenge trading which is very risky step to trade has a smart trader, and that is why it best to invest in crypto with the money you don't need, you can only assume the price of bitcoin but you can not predict its future, one thing I noticed is that when it comes to knowledge people are always avoiding it.


Ups and down is normal nature for cryptocurrency market. Who are long time in crypto currency market he will know ups and down is normal. Some times it will go up and some times it will go down. It depend on many news and economic situation. But new comers will be frustrated when Market will fall it is also right. Because they are not familiar with this cryptocurrency markets habits. So i think your friend has been demotivated. But when market will up then he will satisfied there has no doubt. I also think we need to advantage of the price fall. If we entire in deep we will be huge profited today or tomorrow.

Values are always determined by demand and supply dynamics or trends, which makes them very difficult to anticipate. Another issue about cryptocurrency is that there is no way to invest in it and not lose money it is simply not feasible.
, the best we can all do is to have a very clear picture of the occurrence so that at the end of the day when you lose the money you don't get too emotional about it since you already know what the ecosystem is all about, the most thing that drives the market is news has started by you, another advice if you starting crypto newly just use a small amount of money to kick start and to understand before you start doing the necessary thing since the knowledge is already there.

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July 13, 2023, 01:35:35 PM
 #146

It's easier said than done, every investors want to take advantage of price fall but they lose strength after the successful purchases, it's not easy to be a Bitcoin holder as your patience will be tested, many people will get out on the half way and some will just lose hope and say well f*ck it I am off.

It takes a disciplined and determined soul to hold on their Bitcoin until it's the right time to sell for good profit, I have been with few people that pretend to be determined and after a few months they lose the will to carry on.

We all know what's best for us, and if you want something to work the way you hope for you need to put in the courage yourself.

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July 13, 2023, 01:54:20 PM
 #147

The bull run would be a time to dump, if the trader is cunning enough or has had previous experience of market cycles. There are people who might hold during this time even after making an unrealized profit but that should be avoided. I don't think missing an opportunity should be given that grave an importance. It is more likely that the contempt is way more than the actual missed profit. Cycles are running and being able to join them at the proper time is important. Don't join at the wrong stage or hurry into them.

With practice traders will catch more opportunities than what they did previously.
With the advent of experience, you begin to see patterns, and the most significant of them is the global cycles that Bitcoin moves. At the moment, the most interesting question remains whether these cycles will repeat in the future, or whether there is a possibility that with the increase in the value of bitcoin, these cycles will increase, possibly increase very significantly.

I agree that we need to choose the right time to buy and sell, otherwise if you choose the wrong period, then due to the increase in these cycles, the hold period will also increase significantly.

The next bull market, I expect what will happen according to our usual scenario and we will see the peak of market growth for the period 2024-2025. I don’t know what happens next, maybe the cycles will really increase, but it will also depend on how much bitcoin can grow.
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July 13, 2023, 02:39:14 PM
 #148

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away. And I can say your friend OP is not ready to take an edge over the price decline and if he’ll resort into panicking and lose his control, he’ll end up making wrong decisions that he might regret in the end. Maybe you can advise him to stay calm and patient, and let him know that price falls are important so that everyone can enter the market at its maximum accumulation.
The market price is always volatile and if people understand this about the market I don't think they will be a bothered when it fall because it is nothing new,  that is our the market has always been. When people are so concerned about the fall in the market it means they are  not ready to invest in bitcoin because the price of bitcoin is always volatile. The market can never be predicted  and  people are aware of this but they still go  ahead to invest and still get panicking when the market falls in price.

R


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July 13, 2023, 02:49:48 PM
 #149

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away. And I can say your friend OP is not ready to take an edge over the price decline and if he’ll resort into panicking and lose his control, he’ll end up making wrong decisions that he might regret in the end. Maybe you can advise him to stay calm and patient, and let him know that price falls are important so that everyone can enter the market at its maximum accumulation.
The market price is always volatile and if people understand this about the market I don't think they will be a bothered when it fall because it is nothing new,  that is our the market has always been. When people are so concerned about the fall in the market it means they are  not ready to invest in bitcoin because the price of bitcoin is always volatile. The market can never be predicted  and  people are aware of this but they still go  ahead to invest and still get panicking when the market falls in price.

There's nothing new on Bitcoin's volatility but everytime it falls, there's always people who would like to invest on those period which they take advantage. Maybe it's their only choice for investing at Bitcoin which it's current value with affordable price. Maybe those people who wouldn't bothered on this market situation is those people who's keep hodling until Bitcoin would increase it's worth again. If you don't know how to control yourself or you are knowledgeable enough then you wouldn't panicked in these kind of situation. Even small investor with short term even a small profit from it would already be a considered as a taking an advantage.

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July 13, 2023, 10:25:57 PM
 #150

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away. And I can say your friend OP is not ready to take an edge over the price decline and if he’ll resort into panicking and lose his control, he’ll end up making wrong decisions that he might regret in the end. Maybe you can advise him to stay calm and patient, and let him know that price falls are important so that everyone can enter the market at its maximum accumulation.
The market price is always volatile and if people understand this about the market I don't think they will be a bothered when it fall because it is nothing new,  that is our the market has always been. When people are so concerned about the fall in the market it means they are  not ready to invest in bitcoin because the price of bitcoin is always volatile. The market can never be predicted  and  people are aware of this but they still go  ahead to invest and still get panicking when the market falls in price.
For me and anyone who truly understands the whole concept of having a bitcoin investment, it will very to you that the price dip is actually a very significant moment for you thats if you are hodling for long term investment because the dip in price opens you to a greater advantage to buy and bigger figure of BTC so as when the price pushes high the income or profits you will be expecting will be something to smile about but in a situation where you are acting like pussy and sold because of the dip then you are the one lost in the whole investment.

R


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July 14, 2023, 03:06:09 AM
 #151

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away. And I can say your friend OP is not ready to take an edge over the price decline and if he’ll resort into panicking and lose his control, he’ll end up making wrong decisions that he might regret in the end. Maybe you can advise him to stay calm and patient, and let him know that price falls are important so that everyone can enter the market at its maximum accumulation.
The market price is always volatile and if people understand this about the market I don't think they will be a bothered when it fall because it is nothing new,  that is our the market has always been. When people are so concerned about the fall in the market it means they are  not ready to invest in bitcoin because the price of bitcoin is always volatile. The market can never be predicted  and  people are aware of this but they still go  ahead to invest and still get panicking when the market falls in price.
For me and anyone who truly understands the whole concept of having a bitcoin investment, it will very to you that the price dip is actually a very significant moment for you thats if you are hodling for long term investment because the dip in price opens you to a greater advantage to buy and bigger figure of BTC so as when the price pushes high the income or profits you will be expecting will be something to smile about but in a situation where you are acting like pussy and sold because of the dip then you are the one lost in the whole investment.
The first thing to pay attention to is the concept of falling prices on bitcoin, price corrections can last a long time which is known as a bearish season. in that season there is indeed a big price discount, so if we buy it with capital we can get a greater number of coins and of course it will be easier to make a profit. However, what needs to be considered is that not everyone dares to buy when there is a decline, because we often think that it might come back down again. even though no one knows where the bottom of the decline will be, so we can see any support that has formed to be considered as a buying area, if you stick to buying at one price it's difficult to find the best price to buy, considering that no one knows what will happen to the next market
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July 14, 2023, 06:23:26 AM
Last edit: July 15, 2023, 10:56:26 AM by rikybrosh
 #152

I am not an expert in trading but maybe this method may help you. try to look the chart in many different time, I mean minute, hour, day, week and so on. price trend in minute is influenced by hourly price trend and so on. you should determine where is the current position of the price. find the true price. some time it is okay to buy when the price rise if there is still big probability that the price keep rising. it is too complicated to explain with just a single post. also no body know what happen in the future except God. in Altcoin trading, usually I looking for altcoin which the price is falling but only altcoin which has big trading volume then determine the position, if the current price is under the true price then I will buy but I it will be good if I buy at the peak of price fall according to my estimation. each market behavior are different. Good luck.

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July 15, 2023, 01:20:14 PM
 #153

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

A lot of people experienced the same way as your friend. Even me i had experienced that. No one can really predict the futures. The best analyst would be your self try to research more and study the movement of the crypto market. Trading could be a trial and error on the first few investments. Crypto market is truly volatile and it is very hard to predict. If you see the market in bloody red and if you think it is the good time then take advantage of it. You can see the historical data of the fluctuation of the market in different platforms. That is true I agree with you that newbies this days fall victims because of ignorance of crypto system. As newbies try to do an extensive research and make sure that you can tolerate the movement of the market.

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July 15, 2023, 01:51:25 PM
 #154

 Since bitcoin is not regulated by any government, it's price is determined by the demand and supply for it and in my own opinion I think the rightful time to purchase bitcoin is now and he shouldn't he worried about the drop in price rather should take advantage of it and aquire more, except maybe he didn't prepare for a long term investment or was trying to double his income through bitcoin that's when he has a right to be worried if not, if he hadn't purchased now, or is forced to sell his bitcoin due to the decrease in price,  there's a bitcoin  terminology called FOMO which is the fear of missing out, this fomo would cause a panic buy that would make him regret not holding his coin and out of emotions he could also make wrong choices in purchasing other pump and dump cryptocurrencies by the time when it's price starts increasing.

 However maybe he's  not heard about the bitcoin  halving that's approaching next year, where the demand for bitcoin becomes high making it's price to increase rapidly, so if he has some spare cash this is an opportunity to acquire more btc and prepare for the next halving at this point when the start is stable or would he rather want to purchase bitcoin when the price goes above 30k or more?
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July 15, 2023, 02:00:39 PM
 #155

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down.
You are right when you say that we should not dwell on the past and that losses and again are
 part of life.if you want to trade or invest in any cryptocurrency or market ,it  essential learn and understand technical analysis and fundamental analysis .Bitcoin and other cryptocurrency are highly volatile so is important to understand your risk tolrance and Financial situation before investing.it  also advisable seek advice from financial advisors or experts before making any investment decision.I hope these suggestions will b helpful to you.

R


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July 15, 2023, 02:39:07 PM
 #156

Ups and down is normal nature for cryptocurrency market. Who are long time in crypto currency market he will know ups and down is normal. Some times it will go up and some times it will go down. It depend on many news and economic situation. But new comers will be frustrated when Market will fall it is also right. Because they are not familiar with this cryptocurrency markets habits. So i think your friend has been demotivated. But when market will up then he will satisfied there has no doubt. I also think we need to advantage of the price fall. If we entire in deep we will be huge profited today or tomorrow.
For a normal being, it would be "abnormal" for them so I am not surprised that there are just other people that ain't willing to invest in crypto at all due to its volatile nature. Sometimes it might be affected by news, but sometimes it just doesn't at all like it just follows the price of Bitcoin at all since it is the dominant coin in the market (obviously).

I do sleep on my investment sometimes and not able to "take advantage" of the price since I am still aiming for higher ATH. We were at 64k+ in Bitcoin long time ago and I am still yet to await its newer ATH.
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July 15, 2023, 04:35:35 PM
 #157

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away. And I can say your friend OP is not ready to take an edge over the price decline and if he’ll resort into panicking and lose his control, he’ll end up making wrong decisions that he might regret in the end. Maybe you can advise him to stay calm and patient, and let him know that price falls are important so that everyone can enter the market at its maximum accumulation.
The market goes up and down constantly this cycle is always going on but it is very difficult to predict which one is the real time to invest. and the investor who can predict that real time is considered a successful trader. Bitcoin price hit 68k and it went down again and went down again when it hit $50k but it was considered a dip but Bitcoin price didn't stop there it went below $16k. So when the price of Bitcoin was 68k who could have guessed that the price of Bitcoin will drop to 16k again? this is the problem that no one can easily predict price correctly.



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Rainbot
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July 15, 2023, 07:08:02 PM
Merited by Chilwell (2), alastantiger (2)
 #158

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falling doesn't guarantee that it won't rise again, which is why it's called an investment. He should have been aware of the risk before investing because you can make money and lose it all when you make a short-term investment. However, if your friend made a long-term investment, I think he wouldn't lose anything because you can't lose money when investing in bitcoin if you don't do it for short periods of time. By being aware of everything before investing, mate you will benefit when the moment is right.

R


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July 15, 2023, 08:37:37 PM
 #159

I believe that anybody interested in Bitcoin has done some background check because all this fluctuation didn't start after the day he bought Bitcoin that is how the market works and his purchasing the coin won't stop that dimension, whatsoever decision your friend takes my point is just that he should try not to sell below the procuring price.

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July 15, 2023, 08:51:48 PM
 #160

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away. And I can say your friend OP is not ready to take an edge over the price decline and if he’ll resort into panicking and lose his control, he’ll end up making wrong decisions that he might regret in the end. Maybe you can advise him to stay calm and patient, and let him know that price falls are important so that everyone can enter the market at its maximum accumulation.
The market goes up and down constantly this cycle is always going on but it is very difficult to predict which one is the real time to invest. and the investor who can predict that real time is considered a successful trader. Bitcoin price hit 68k and it went down again and went down again when it hit $50k but it was considered a dip but Bitcoin price didn't stop there it went below $16k. So when the price of Bitcoin was 68k who could have guessed that the price of Bitcoin will drop to 16k again? this is the problem that no one can easily predict price correctly.
Since from the beginning which this market or any market out there does have that rise and falling kind of behavior on which these movements are really that typical and this is the main reason on why we do make money or

profit.The only difference in between markets is on the level of volatility just like on example of between crypto and forex on which you could really be able to significantly see on their differences but in overall concept
which it is really just the same on how people should really be making money or having the approach which its on that basic buy low sell high kind of concept. It might that sound simple but on the time that you are
already on such situation then it is really that a huge challenge for everyone.

Newbie would usually freak out on the time that they would be seeing huge red candle and instead on taking up the opportunity on buying, they would rather make a panic sell on which it is
really that something a very common scenario but sooner or later then would really be able to realize on the things that they have done which is really wrong.

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July 15, 2023, 09:20:27 PM
 #161

I believe that anybody interested in Bitcoin has done some background check because all this fluctuation didn't start after the day he bought Bitcoin that is how the market works and his purchasing the coin won't stop that dimension, whatsoever decision your friend takes my point is just that he should try not to sell below the procuring price.
The bear market is the best time for us to hold Bitcoin since we should always buy when the market is down and sell when the price is going up. Bitcoin is a volatile coins and we need to understand that holding Bitcoin can either make us lose or gain if we sell immediately when the market is going up or down. The wise traders always buy at the market floor and sell and the market top. Those that are traders know about this and they always act on it to earn more from the market. As an investor, we should always try our best to understand the market as an investor so we can benefit more from the market.

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July 15, 2023, 09:45:38 PM
 #162

Falling of the bitcoin price is just a normal thing and we all witness this kind of dropping too many times before, sometimes we don't understand it or we don't accept the dropping because we are lossing our money, but this is crypto the truth of crypto is that it is high on volatility and it measures our patience every now and then so be patience to avoid losses.


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July 15, 2023, 09:51:58 PM
 #163

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Price falling doesn't guarantee that it won't rise again, which is why it's called an investment. He should have been aware of the risk before investing because you can make money and lose it all when you make a short-term investment. However, if your friend made a long-term investment, I think he wouldn't lose anything because you can't lose money when investing in bitcoin if you don't do it for short periods of time. By being aware of everything before investing, mate you will benefit when the moment is right.

That is why we should study first before we start our process towards investment, buying a coin is the easiest thing to do in the world of cryptocurrency and the challenge will begin if the market starts to dip, and by that time, a question will pop on your mind that if your investment will survive or not. But if you have known right from the start and weigh the risks, these things will be prevented/avoid because you understand how it works and why does it happen.

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July 16, 2023, 06:11:19 AM
 #164

Before your friend decided to invest in crypto he supposed to be know what kind investment crypto is. When the price down like a crazy it pretty normal in crypto because crypto is so volatile, my advice for me just DCA and set your own goal so you will know when you already reach your goal then you can Quit.
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July 16, 2023, 07:31:48 AM
 #165

Falling of the bitcoin price is just a normal thing and we all witness this kind of dropping too many times before, sometimes we don't understand it or we don't accept the dropping because we are lossing our money, but this is crypto the truth of crypto is that it is high on volatility and it measures our patience every now and then so be patience to avoid losses.

Bitcoin nature is volatile, its price will always rise and fall as people buy and sell by trading to get profits. We have to know that Bitcoin won't be stable and instead of complaining about the the volatility of the market, we can learn to take advantage of the price instability as other individuals that learnt how to trade have been doing in the past and they'll also be doing in the future. If you  don't know how to trade you can use the opportunity to invest into Bitcoin.

Taking advantage of the price fall can be done with dollar cost average, when you DCA you give yourself an opportunity to buy more Bitcoin over time and you won't be at lose. Instead of panicking and sell your Bitcoins, you should use this opportunity to prepare for the future.

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July 16, 2023, 08:20:18 AM
 #166

Falling of the bitcoin price is just a normal thing and we all witness this kind of dropping too many times before, sometimes we don't understand it or we don't accept the dropping because we are lossing our money, but this is crypto the truth of crypto is that it is high on volatility and it measures our patience every now and then so be patience to avoid losses.

Bitcoin nature is volatile, its price will always rise and fall as people buy and sell by trading to get profits. We have to know that Bitcoin won't be stable and instead of complaining about the the volatility of the market, we can learn to take advantage of the price instability as other individuals that learnt how to trade have been doing in the past and they'll also be doing in the future. If you  don't know how to trade you can use the opportunity to invest into Bitcoin.

Taking advantage of the price fall can be done with dollar cost average, when you DCA you give yourself an opportunity to buy more Bitcoin over time and you won't be at lose. Instead of panicking and sell your Bitcoins, you should use this opportunity to prepare for the future.
Riding the waves is more important than longing for smooth sailing. Some Bitcoin noobs, they only notice the price going up or down. True Bitcoin enthusiasts, however, look deeper. Its not merely a matter of "buy low, sell high," as they're well aware. It comes down to trusting in the blockchain and the transformative possibilities it presents.

The uncertainty surrounding Bitcoin is real. But you know what they say: "high risk, high reward." For this reason, the term "Dollar Cost Averaging" was coined. You commit to making periodic Bitcoin purchases in a predetermined quantity. This way, you benefit from greater coinage during periods of cheap prices and suffer during periods of high ones. You will have less of an impact from short-term pricing swings as time goes on.

The future value of Bitcoin is unknown. But what about Bitcoin and the blockchain's potential? Theres no denying that. Let us thus continue to stockpile resources, expand our horizons, and maintain our faith in the revolution.

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July 16, 2023, 08:32:23 AM
 #167

Before your friend decided to invest in crypto he supposed to be know what kind investment crypto is. When the price down like a crazy it pretty normal in crypto because crypto is so volatile, my advice for me just DCA and set your own goal so you will know when you already reach your goal then you can Quit.

I would advise to not set a DCA and don’t to set a goal. Whenever there is necessary or requirement of funds, then only one should cash out the Bitcoins. These Bitcoins are very rare, so if you set a target and sell it, then definitely you won’t get the full profits or potential of the coin. Bitcoin’s price always goes up, so yes Bitcoin investment should be for long term always. Take the advantage when the price is low and keep on accumulating and storing Bitcoins at regular intervals.

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July 16, 2023, 08:51:55 AM
 #168

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

Bitcoin is the future and even if you buy it at high rate, you just need some patience till it hit the price where you make profit.
We have seen a lot of price fluctuations in bitcoin and some of us has bought it at $60k but if you see the predictions and more and more adoption, it is very possible that bitcoin will soon hit $100k.
Newbies should stay here and learn before jumping on any investment.

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July 16, 2023, 09:03:07 AM
 #169

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

If your friend thought that everything he buys will grow, then I have bad news for him)
No one will give you an accurate prediction about bitcoin or any other coin.
On account of the amount of $ 1,000, remember that there are people who have lost much more. Second, you can't use money that you can't lose. If your friend is very emotional, then he should remember that he will constantly encounter such things. Psychology is a very important part of trading. We must remember that where someone has earned money, someone else has lost, sometimes we are the ones who lose. There are no victories without defeats.
Take my best wishes in that way, guys

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July 16, 2023, 09:11:13 AM
 #170

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

By the way, from the moment you wrote this post to date, it has grown well. Therefore, a friend has a reason to be happy if he did not sell at a lower price in those days. But even if he sold, then there is no reason for concern - he gained valuable experience. Investment and trading are not the same thing. When it comes to bitcoin, it is an investment.
Investments love time

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July 16, 2023, 09:23:31 AM
 #171

In the world of Bitcoin and cryptocurrencies, there are no promises or astronomical guaranteed returns. Your friend needs to be aware of this one before committing to invest some of his funds into Bitcoin.

In other words, he needs to be educated first about Bitcoin and it’s unpredictable price volatility.

Last year, I have DCA with BTC in which I have taken advantage of the price fall during the time it was between $19k to $23k range. Although I am into profit right now, but I am actually preparing for the big rain which is the halving in mid-2024.

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July 16, 2023, 09:38:53 AM
 #172

Taking advantage of a price fall in any investment, including Bitcoin, can be a strategy for potential gains. Timing the market can challenging as it becomes difficult even for experienced traders to predict the latest price declines. However, short term price movements should be avoided by trend driven sentiment. Falling prices can create buying opportunities but it is essential to have a solid investment plan, prepared for potential price rises.

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July 16, 2023, 10:07:37 AM
 #173

If your friend is going to get nervous because the price drops a little, he's doing it wrong. Either he is not thinking long term or that $1,000 is money he may need in the short to medium term. It is better to study bitcoin, its history and price behaviour in cycles to get an idea of what is to come, and be prepared for HODL for a long time to come, if you do things right, a little rise or fall in price should not even faze you.

 Otherwise, I can already see your friend selling at $1100 because he's short the money when he can easily make x5 in a couple of years.

yes, I agree with your opinion, and indeed if BTC investment is not for the long term it will happen as you said, namely there will be anxiety and panic when the BTC price drops, and it turns out that friend op who invest in BTC do not fully understand the risks of investing in BTC and how to invest in btc properly.

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July 16, 2023, 10:23:28 AM
 #174

Falling of the bitcoin price is just a normal thing and we all witness this kind of dropping too many times before, sometimes we don't understand it or we don't accept the dropping because we are lossing our money, but this is crypto the truth of crypto is that it is high on volatility and it measures our patience every now and then so be patience to avoid losses.
Volatility in the crypto market, especially in the price of Bitcoin, is indeed something that is considered normal for us market players in this industry. In fact for me every downturn that happens to bitcoin is an important moment that I should not miss. That is, I always wait for a downturn to happen again to accumulate bitcoins for the long term. For day traders, maybe a decline can bring losses. especially for those who are mentally weak and panic selling when prices fall which causes them to suffer losses. But for long term holders it seems like the ups and downs of the bitcoin price don't really affect their mentality. because I feel the same way about this.

At the beginning of getting to know bitcoin and at the beginning I started investing in bitcoin, I also felt panic when the market corrected or when there was a Fud. but after learning more about bitcoin and its potential in the future, now my mentality is strong enough to continue to hold and even add more to my investment in bitcoin. There is no specific target in my bitcoin investment. but I will continue to increase my investment when I have a lot of unused money left.
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July 16, 2023, 10:41:47 AM
 #175

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin.
Such is the volatility of bitcoin on its journey and there is no need to worry when your friends understand the process of bitcoin journey. For some beginners, buying DCA is still very good to apply because it can avoid excessive panic when the bitcoin price drops sharply. The journey of bitcoin will never be separated from decreases or increases and usually there are certain moments that can bring down or pump prices. Calmness and knowledge can bring a person to face the condition and it will lead to a conclusion.

For $100k we probably won't be looking at it anytime soon as you will need to hold on until the next ATH arrives. Investment also requires patience in dealing with uncertain market conditions and when you are not calm it will cause excessive panic.

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July 16, 2023, 12:12:48 PM
 #176

I believe that anybody interested in Bitcoin has done some background check because all this fluctuation didn't start after the day he bought Bitcoin that is how the market works and his purchasing the coin won't stop that dimension, whatsoever decision your friend takes my point is just that he should try not to sell below the procuring price.
The bear market is the best time for us to hold Bitcoin since we should always buy when the market is down and sell when the price is going up. Bitcoin is a volatile coins and we need to understand that holding Bitcoin can either make us lose or gain if we sell immediately when the market is going up or down. The wise traders always buy at the market floor and sell and the market top. Those that are traders know about this and they always act on it to earn more from the market. As an investor, we should always try our best to understand the market as an investor so we can benefit more from the market.
When the market goes down, those who bought bitcoins at high prices start panic selling and those who don't have bitcoins start panic buying. and thus those who make decisions in panic face losses. because when one is in a state of panic, one's higher consciousness does not function.  And he doesn't care about the effect of his decision then. but if he can take the right decision at the right time, it is possible for him to do something good



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July 16, 2023, 02:15:28 PM
 #177

We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

I think there are no beginners and experts in analyzing bitcoin prices. Everything is just analysis and possibility. But you have to know how the price of bitcoin moves, maybe we don't know the price of bitcoin in the short term, but we know that bitcoin always creates new ATH, all we need to do is wait. Your friends should know about it before they decide to buy bitcoins

But talking like it might be easy, I've had some bad luck holding bitcoin. But it happened because I panicked and immediately sold bitcoins when the price was red for 1 week. although in the following month the price increased quite a bit, but I already missed that moment because of panic.

So if you don't have a good analysis, it's better to buy bitcoin with small money, maybe you can buy bitcoin in monthly installments from your salary. So you are ready with all the risks that will occur. Hold bitcoins for a long time. Maybe that will make you calmer, one that makes you panic is definitely buying bitcoins in large quantities

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July 16, 2023, 02:46:15 PM
 #178

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.
Cryptocurrency is risky and by accepting this risk some of those who invest in crypto are able to earn more profits and some are exposed to losses by investing. The thing is that some investors are able to execute their strategies and others fail. Experienced investors always try to get the best out of any bullish or bearish market. However, immediate benefits are not possible for investors who are weaker risk takers. To make big profits, one must take the advantage of the price fall.

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