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Author Topic: Take advantage of the price fall.  (Read 1067 times)
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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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