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Author Topic: take advantage of opportunities  (Read 939 times)
inthelongrun
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August 18, 2023, 07:17:49 PM
 #61

I'm kind of shocked when I saw the bitcoin price earlier. It was too early in the morning and I am supposed to sleep again but when I saw the prize on my phone I checked my portfolio right away. I had a $28,550 buy order but I am also supposed to have a $25,500 buy order and I thought there is no need to set an order since it might not happen easily. I only managed to buy at $26k+ since I did not catch the $25k level.

Congratulations to those quick enough to buy at the dippest price. Now that the price broke the trends we are still uncertain if it touches again at $25k but we better get ready to scoop some if it drops again.

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August 18, 2023, 07:21:18 PM
 #62

There are always different opportunity for us to buy and hold any amount of Bitcoin that we wish to buy in as much as we have the capital to do that. If we have the fund to accumulate large number of Bitcoin, this will be a good idea because the market is still struggling for the bull run and when that time comes when everything is going to bullish, we all going to be making some good profits from the market even does the price is not stable for now.

 Those who had been in the market before now will understand more than those that are just in the market which have not lasted up to 5 years. There is time for the bull and also time for the bear so we need to understand the two concept so that we can take opportunity of the difference phases of the market.

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August 18, 2023, 07:27:22 PM
 #63

Soloway predicted the price will dip to $12K to be the bottom this time.
Really? That's not my guess bitcoin to $12K low.

In the last bear market, BTC plunged down to $3.800 for its last attempt. He also compares this BTC dip to be the last attempt of the bears which will take the price down to $12k. 
So yes this is indeed the best opportunity for those who have lots of funds still.
My assumption is a guess and very wild if the lowest part is $12K, but we never know what happens later the price of bitcoin is already in the range of $16K at the lowest and my current assumption is that it is unlikely to return at all, but this is just my feeling. Cheesy

People all over the world are struggling since the pandemic in 2020 up to 2023, this is really bringing people down to their knees so if you still have funds left, you are indeed given the right opportunity.
The Covid-19 pandemic ends in 2022 not until 2023, now it can be said that the economy is recovering enough from various sectors.
If you have the funds buy BTC now when it goes down, not low risk but maximize the opportunity.

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RewFrew
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August 18, 2023, 08:02:14 PM
 #64

today i saw the btc market it went down 5% and now it is $26800 and i saw very scared people and many are selling their btc cheap but i will not miss this golden opportunity when people are panic selling so i will buy it. and I'm lucky to still have balance left on my exchange.

Are you also taking advantage of this opportunity, friend?
I also think take advantage of opportunities for everyone. It also best Opportunity to us.  I Don't want to miss this golden opportunity. Now huge dumped Bitcoin price. Now Bitcoin price is $26k. Today bitcoin price decreased 8%. So i think it is best time for buy Bitcoin. Now who will buy Bitcoin and hold it he will must benefited within short time. Bitcoin ATH was $69k abd now $26k so i think in future Bitcoin Price again Hit that ATH. So who will buy Bitcoin now when Bitcoin price will touch taht ATH he will be 3x profited. So i will tell everyone  to take advantage of opportunities.
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August 18, 2023, 08:09:51 PM
 #65

Are you also taking advantage of this opportunity, friend?
Yes - as long as I still have the budget to invest, then I will consistently do it. I've been pretty consistent so far when it comes to investing in bitcoin - so I can't say no to accumulation when I see the market dump that much.

Current market conditions seem slightly better than yesterday - but I have to consider the bigger swings due to panic as DCA is the rule I need to set as the leading strategy right now. If I do - then what about you?
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August 18, 2023, 08:37:04 PM
 #66

Yes - as long as I still have the budget to invest, then I will consistently do it. I've been pretty consistent so far when it comes to investing in bitcoin - so I can't say no to accumulation when I see the market dump that much.

Current market conditions seem slightly better than yesterday - but I have to consider the bigger swings due to panic as DCA is the rule I need to set as the leading strategy right now. If I do - then what about you?

The trader should keep some free money for the investment for the future,because we completely don’t know.When we get emergencies,suddenly your father may get a stock and you will suddenly suffer to get some money.At the same time your money may affect with the another health problem,So if this happened at a same time.The only thing you get is huge economic burden at a time.Then you are force to get the loan with huge interest.When you get loan with big interest at the emergency,you will get into big debts.

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August 18, 2023, 08:42:21 PM
 #67

It is interesting to observe the current dynamics of the Bitcoin market and how price fluctuations can influence investor decisions... many people new to investing in bitcoin would relish when its price drops. Taking advantage of opportunities in moments of volatility is a strategy that some investors have found successful in the past.. But for my part if more than leaving my bitcoins and hoping it goes up and that it is really worth selling, clearly I cannot advise what I do to all people. Well, it must evaluate its own risk profile and take into account your financial objectives, there are several that probably take advantage of the fact that they can buy and sell at 30... or wait for it to drop a little more, as I say, I am not scared and I am surely sooner or later it will end up raising its price
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August 18, 2023, 09:06:42 PM
 #68

Yes - as long as I still have the budget to invest, then I will consistently do it. I've been pretty consistent so far when it comes to investing in bitcoin - so I can't say no to accumulation when I see the market dump that much.
Doing consistently is the best you should do, Budget management for buybacks needs attention and you certainly don't want to be left behind when the market experiences a deep decline. it's a good opportunity to start collecting.

Current market conditions seem slightly better than yesterday - but I have to consider the bigger swings due to panic as DCA is the rule I need to set as the leading strategy right now. If I do - then what about you?
Market conditions are still pretty bad, with the drop to $25k-$26k being the low point this August.
But we will see a quite significant reversal once the bear market is over.

I also applied to DCA, this is an opportunity to get a lower price.
The panic of everyone selling Bitcoin is my opportunity to add more and more assets and cheaper, We just need to endure it.

 
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August 18, 2023, 09:09:17 PM
 #69

This is undoubtedly an opportunity for us to focus on, however, going all in is not a good idea. You should buy in parts as this is currently being driven by dollar strength and there's more to come if I'm not wrong, so deciding some support levels by looking at the charts will definitely help you to do it like the DCA guys do, so that the opportunity remains intact as you'll still have funds to purchase more when it gets more bloody red. 😈

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August 18, 2023, 09:11:13 PM
 #70

today i saw the btc market it went down 5% and now it is $26800 and i saw very scared people and many are selling their btc cheap but i will not miss this golden opportunity when people are panic selling so i will buy it. and I'm lucky to still have balance left on my exchange.

Are you also taking advantage of this opportunity, friend?

This is artificial manipulation of the Bitcoin's price from someone named Elon Musk, he has sold $373M of Bitcoin holdings of his company SpaceX and that's the main reason behind the highest level of dump that Bitcoin faced. When Elon dumped the price of Bitcoin by rush selling that high value of bitcoins then many weak hearted investors also sold their holding for cheaper price mark and that further enhanced the intensity of the dump.

The ones who are selling their Bitcoin for cheap rate will regret their decision when they see the Bitcoin's higher price mark once again in upcoming few days. And, at this time many people who would like to invest in Bitcoin got a best opportunity to invest some money into it, and the accumulators will try their best to accumulate as much Bitcoin as they possibly can.

Many people will take advantage of this opportunity without any doubt, but they won't announce in public that they have bought Bitcoin when Elon dumped its price because those people would love to keep their investment as secretive as possible. The ones who accumulated Bitcoin at this price range would sell it when Bitcoin's price gets higher than $100k during the next halving event. I would say once again that weak hearted people who are selling their Bitcoin right now will regret for their mistakes when they see the $100k price mark of Bitcoin during the halving event.

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August 18, 2023, 09:13:37 PM
 #71

Are you also taking advantage of this opportunity, friend?

It is rare to see Bitcoin crash like this nowadays, so it is a no-brainer that we should take advantage of this opportunity. Imagine if we get in this price range a month after BTC started to show recovery and after a halving bullish trend takes place, it would be a huge profit when Bitcoin breaks its ATH and we happen to sell at those prices.  We can then reaccumulate after the market transition to a bearish trend.

It is interesting to observe the current dynamics of the Bitcoin market and how price fluctuations can influence investor decisions... many people new to investing in bitcoin would relish when its price drops. Taking advantage of opportunities in moments of volatility is a strategy that some investors have found successful in the past.. But for my part if more than leaving my bitcoins and hoping it goes up and that it is really worth selling, clearly I cannot advise what I do to all people. Well, it must evaluate its own risk profile and take into account your financial objectives, there are several that probably take advantage of the fact that they can buy and sell at 30... or wait for it to drop a little more, as I say, I am not scared and I am surely sooner or later it will end up raising its price

Sadly there is always a weak hand among the holder and they are always the first ones to sell once the market become unfavorable.  Little that they know, they don't lose anything as long as they don't sell at a loss.  

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August 18, 2023, 09:19:44 PM
Last edit: August 18, 2023, 09:42:22 PM by famososMuertos
 #72

It is not necessary to wait for a DIP, You can have a strategy that works for the various "panics" that occur in the volatile bitcoin market.

That is to say, it is always typical to read this type of message in "critical" market situations and start to get creative in what actions to take, when you should simply be putting into practice what you have thought about what to do... which It is not necessarily buying, you have to anticipate each "%" in the bitcoin price long before it happens, that makes you make the right decision in the strategy that you have already well thought out.

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August 18, 2023, 09:38:18 PM
 #73

today i saw the btc market it went down 5% and now it is $26800 and i saw very scared people and many are selling their btc cheap but i will not miss this golden opportunity when people are panic selling so i will buy it. and I'm lucky to still have balance left on my exchange.

Are you also taking advantage of this opportunity, friend?
This what called as panic decision.
Not everyone does. But there are some people who easily panic in the face of a case, incident, or a situation that is quite surprising like this. This is the danger when someone invests in crypto, especially Bitcoin, but doesn't really understand Bitcoin market conditions, doesn't understand how the Bitcoin price is. will be volatile, and how to react wisely to the market and well-emotional management. Because after all, emotional management is very important, for the sake of our mental health when investing in crypto. When we panic easily, yes this is what will happen, we will easily decide to sell Bitcoin at a low price for fear that the Bitcoin price will continue to drop. And finally closing the account with disappointment and creating a mindset that crypto is only detrimental.

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Yamifoud
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August 18, 2023, 09:45:23 PM
 #74

It was a great opportunity indeed, especially for those who haven't started yet but in my case, I have already reached my limit and I can't buy anymore but just watch it.

Well, the situation has been surprising really as we never thought this would happen as what we usually think about breaking the $30k. Unfortunately, the dump had come again and made some people think negatively and panic selling happens again. Pretty usual, yet we must know that was wrong so instead of selling, we take this as an option supposedly to buy more.
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August 18, 2023, 11:45:55 PM
 #75

today i saw the btc market it went down 5% and now it is $26800 and i saw very scared people and many are selling their btc cheap but i will not miss this golden opportunity when people are panic selling so i will buy it. and I'm lucky to still have balance left on my exchange.

Are you also taking advantage of this opportunity, friend?
Always DCA if there's the opportunity on buying cheaper coins which this had been always that recommended but since people do always love on finding the possible bottom then they might really

be still waiting for 25k or even lesser which it is something that shocking because we do really always love on looking or finding the bottom.  Grin If you do have the funds on investing with the current price then go for it and we might be not able to see these numbers again as we do go forward or nearing about on the halving event.This is why its always ideal that you should be taking some advantage on the time that the market or the community is really having those panic on selling out their choices for cheap and its not really that something new.

We would really be always that having that natural emotion on seeing these sudden declines or dips.There are ones who do able to hold their positions but there are really
ones who do easily get panic or becoming that impulsive in times like these.

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August 18, 2023, 11:53:17 PM
 #76

today i saw the btc market it went down 5% and now it is $26800 and i saw very scared people and many are selling their btc cheap but i will not miss this golden opportunity when people are panic selling so i will buy it. and I'm lucky to still have balance left on my exchange.

Are you also taking advantage of this opportunity, friend?
It seems that the majority of us who are in the process of accumulating bitcoins are definitely taking advantage of this opportunity. In fact, I personally have installed purchase entries at each decline point, starting from the 28th to the 22nd price level. So that yesterday's decline automatically made all of my average down entries filled properly up to level 25. Only purchase entries remain at levels 24 to 22 at this time . And if within a week bitcoin is not strong enough to return to the positive trend then we have to prepare for a further decline to level 24. And once again we have to take advantage of it again with the DCA strategy or with Average Down. But for those who are used to daily trading activities, I personally prefer not to enter in a hurry. But if it's for long term investment then continuing to accumulate with DCA is the best step to take now. DYOR

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August 19, 2023, 02:30:27 AM
 #77

When you posted this, bitcoin was at $26500. One of the best way to overcome the panic is to DCA. People may not necessary buy all the bitcoin they want to buy at once, they can continue to DCA weekly.

yes, that's a good suggestion, friend, and indeed with the DCA system we will make purchases comfortably because we really don't know where the BTC price will go down, and I'm currently making a purchase using the DCA system now and I forgot not to include it when I made a purchase using the dca system in the topic.
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August 19, 2023, 01:38:04 PM
 #78

today i saw the btc market it went down 5% and now it is $26800 and i saw very scared people and many are selling their btc cheap but i will not miss this golden opportunity when people are panic selling so i will buy it. and I'm lucky to still have balance left on my exchange.

Are you also taking advantage of this opportunity, friend?

Now the price has become more low, now Bitcoins are at almost 25k usd price range. The reason for this sudden dip is uncertain. We are also not able to judge whether the price will go more down and if it goes down the where it will stop. But to be in safe hands, I would suggest not to wait more and buy the coins at current price. If we greed more and wait, then who knows if we miss this golden opportunity of 25k usd price for Bitcoins.

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August 19, 2023, 02:40:31 PM
Merited by The Sceptical Chymist (3)
 #79

Doing consistently is the best you should do, Budget management for buybacks needs attention and you certainly don't want to be left behind when the market experiences a deep decline. it's a good opportunity to start collecting.
Usually we set up a reserve fund or remaining funds to accumulate purchases during a market conditions like now. Moments like these are great for accumulation and we should be able to maximize purchases under these conditions.

Market conditions are still pretty bad, with the drop to $25k-$26k being the low point this August.
But we will see a quite significant reversal once the bear market is over.

I also applied to DCA, this is an opportunity to get a lower price.
The panic of everyone selling Bitcoin is my opportunity to add more and more assets and cheaper, We just need to endure it.
In August maybe we will see a correction process that takes a little longer and even if there is a recovery, it might only come to a price of $27k-$28k in my opinion. So moments like this will be very profitable if we are able to accumulate purchases.

The DCA method is used as a strategy to collect and this condition can be on the run in any price condition. However is different from the current downside opportunities and we should be able to take advantage of slightly larger purchases than usual. I've taken an entry on each dips adjusting available funds and still keeping the DCA pattern as a steady move to buy.

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August 19, 2023, 07:54:12 PM
 #80

Doing consistently is the best you should do, Budget management for buybacks needs attention and you certainly don't want to be left behind when the market experiences a deep decline. it's a good opportunity to start collecting.
Usually we set up a reserve fund or remaining funds to accumulate purchases during a market conditions like now. Moments like these are great for accumulation and we should be able to maximize purchases under these conditions.

Market conditions are still pretty bad, with the drop to $25k-$26k being the low point this August.
But we will see a quite significant reversal once the bear market is over.

I also applied to DCA, this is an opportunity to get a lower price.
The panic of everyone selling Bitcoin is my opportunity to add more and more assets and cheaper, We just need to endure it.
In August maybe we will see a correction process that takes a little longer and even if there is a recovery, it might only come to a price of $27k-$28k in my opinion. So moments like this will be very profitable if we are able to accumulate purchases.

The DCA method is used as a strategy to collect and this condition can be on the run in any price condition. However is different from the current downside opportunities and we should be able to take advantage of slightly larger purchases than usual. I've taken an entry on each dips adjusting available funds and still keeping the DCA pattern as a steady move to buy.
And this should be always be on your main consideration is that on the time that you do make out some profitable trades then always consider on saving up or having that allocation which would really be intended

for time like these on which the market do make out some significant decline because if you do have the funds which are readied for this time then you would really be able to take advantage on hedging out with these movements which it would really be giving out the probability on making more profits. We know that DCA is really that something that you would do on the time that there's a decline.How you would be able to do it if you dont have funds at all? or simply you had spend it all earlier on taking up that position? This is why its always be that relevant that having some extra funds is been prepared for this situation.

Now that we are declining in price then it wont really be that a bad idea on adding up your stash because it seems that after this dump, we would really be having that significant jump in price.
Its not really that a guarantee but we do already have that kind of picturing out on this very common scenario.Dont make yourself regret just because you had missed out such opportunity.

R


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