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Author Topic: take advantage of opportunities  (Read 857 times)
Ultegra134
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August 19, 2023, 08:17:41 PM
 #81

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.
Rare? I believe that we're pretty used to go through market crashes, unless you're implying about the latest period of low volatility.
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.  
It's not necessarily people with weak hands, I believe that a large number of transactions are made by traders, not people who were holding and are simply dumping their coins because they're intimidated by the crash. Moreover, we can't deem everything as an opportunity. Don't get me wrong, Bitcoin used to be at $30,000 a few days ago and now it's down to $26,000~, it's definitely a great discount to take advantage of, but my point is that opportunities cannot often be speculated. Tomorrow its price could be even lower. DCA is the best option in such cases.

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August 19, 2023, 11:59:28 PM
 #82

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.
The price is around $26k and it had touched the low bottom around $25400. None is sure about the reason behind the price drop. Low liquidity is being experienced and the same could even push the market downward. It is time to be on the safer side. For all who believe on the re-bounce of the market, it is time to invest.

In relation to the halving there are more chances of price dropping down further and increase in a gradual manner so to make the progress in a better way at the time of halving than just experiencing a sudden steep on the growth chart.

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August 20, 2023, 03:33:59 AM
 #83

. Any investor that sells now due to panic will end up with regrets later because this is the nature of bitcoin.

Yes, it's certain that people who panic sell BTC at prices that are falling will definitely lose if they buy BTC at high prices and sell at low prices.

but in my opinion there are also people who panic sell but get profits like people who buy btc at $19k and sell when the price is $26500 even though it is in a down situation like yesterday.
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August 20, 2023, 08:44:31 AM
Merited by The Sceptical Chymist (4)
 #84

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
You are right and the goal of savings can be leveraged during a downturn like this to accumulate purchases in much larger quantities than usual, either by using the DCA pattern of being able to adjust purchases normally by other methods.

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.
Everyone has a buying strategy in investing on bitcoin under certain conditions, whether using savings, spare money or whatever means they have, because talking about opportunities and accuracy people will definitely choose the safest path to try to collect purchases and also not ignore the need for money for other processes. If the capital we have is not large then there is a DCA pattern that can be applied, so that it does not affect other budgets for fulfillment and someone who is smart at managing finances must have a strategy that has been prepared to support his investment.

Setting up additional funds can be through a portfolio of profits from investments or other work and stored which is divided into several savings as a reserve fund, so that in these conditions the money can be used to accumulate purchases. That's the guarantee anyone needs to improved if they want to get involved to take advantage of the conditions because usually opportunities will beat the capital that exist if they can't be utilized properly.

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August 20, 2023, 10:47:16 AM
 #85

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.

The unstable price happening now is a good indicator to start buying Bitcoin if you haven't already bought. SpaceX selling their Bitcoin shouldn't discourage you from buying Bitcoin now that the price is very low, we don't have their type of money to buy large amount in future.

Space X can buy thousands of Bitcoin when the price is starting to pump and be among those that'll profit from the bull market but by then it'll be late for we that don't have millions to spare so now is the perfect opportunity to take advantage of the market and accumulate.

SpaceX could be intentionally selling the Bitcoin they owned by exposing that they're selling so the market can react by dumping and after the dump they go back to buy more Bitcoin and increase the amount they previously owned that's why we shouldn't trust this companies.

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August 20, 2023, 04:43:39 PM
 #86

Yes, it's certain that people who panic sell BTC at prices that are falling will definitely lose if they buy BTC at high prices and sell at low prices.
Only people who don't understand economic concepts want to do this because they should know that they will incur a loss if they sell at a low price, while they themselves buy it at a high price. That kind of thing is not a good way to make a profit and I think if there is still someone doing that kind of thing, he better not be in the crypto space because in the end he will be poor if he keeps losing.

Quote
but in my opinion there are also people who panic sell but get profits like people who buy btc at $19k and sell when the price is $26500 even though it is in a down situation like yesterday.
It's still quite a logical thing to do because those who bought Bitcoin at $19K and sold it at $26500 are people who want to take profits more quickly because maybe they're just afraid that the opportunity to take that amount of profit will disappear within this year, but they can still hold it for much more profit if they buy it at $19K.

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August 20, 2023, 06:43:46 PM
 #87

People will go more closer to bitcoin investment when the price goes up as they see the success of bitcoin but once the price goes down people get afraid of it instead of buying it which is totally a wrong concept.

As this time the price is 26k$ so everyone has the opportunity to take the benefit of this lower price by collection of bitcoin but instead of taking some positive step they run away from it which means that they are so innocent that they can accept their loss but cannot wait more to take advantage out of it.

I think one should buy bitcoin no matter how much but if they can afford so they should buy because as good news originates the price will go more higher again but it is necessary to wait for the exact duration as we don't known when will the market become boost up.









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August 20, 2023, 06:59:26 PM
 #88

People will go more closer to bitcoin investment when the price goes up as they see the success of bitcoin but once the price goes down people get afraid of it instead of buying it which is totally a wrong concept.

As this time the price is 26k$ so everyone has the opportunity to take the benefit of this lower price by collection of bitcoin but instead of taking some positive step they run away from it which means that they are so innocent that they can accept their loss but cannot wait more to take advantage out of it.

I think one should buy bitcoin no matter how much but if they can afford so they should buy because as good news originates the price will go more higher again but it is necessary to wait for the exact duration as we don't known when will the market become boost up.
Common action that would be made since people would really be that always emotional when it comes into seeing on whats the price movement that we do have in this market. It would really be

just that normal that they would really be having that boost up on making investment on the time that they are seeing those green candles and this is where they would really be starting to make
out investment rather than on placing themselves on the time that the market is read. If ever they have done this then this is the best time and spot on which you could really be able to make yourself that maximizing possible profitability and not really just placing up your position on the time the market is already have done its upward movement.

Not really that a total mistake but rather it is really just that a missed out opportunity just because you are really just that focusing on the time that the market is recovering.
Always been ideal on placing yourself on the bottom when everyone is really on that extreme fear. This should really be your basis.

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August 20, 2023, 07:35:28 PM
 #89

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?
  Buying now is a good idea but you have to do your home work well before accumulating them. In that day people were really scared and sold out their bitcoin in exchanges. This one too is not the real dip, we all saw the dip last from April to October the price of bitcoin was $16k and really people bought it and some were still scared to buy at that time. So I came to understand that people are scared at at time.
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August 20, 2023, 08:30:50 PM
 #90

The drop was very sudden, so it probably made a lot of people panic sell, especially those who are new to cryptocurrency trading and invested recently, they must have thought that the market is going to crash completely and it might go below $20k once again. However, those who understand the market know that it is nothing to be afraid of but a mere opportunity to invest more so that you can get better profits when the market starts recovering.

Those who are still waiting for a further decline should basically start doing DCA so that they don't miss this opportunity in case the price starts going up from here, and if it goes further down, they can buy more since they will have some money left for investing if they are doing DCA right now.

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August 20, 2023, 10:30:49 PM
 #91

During a dump like this,it is an opportunity for investors to buy more bitcoin using the DCA method which the strong hodlers will take advantage of the price to accumulate more to their portfolio. Buying at this time is like having a discount in the price of bitcoin and newbies that don't understand how bitcoin movement is should not panic because the price will surely go up again.
Throughout the history of the bitcoin price, we know that it has never disappointed holders holding bitcoin assets in the long term, old crypto holders will perceive current market movements as normal even though the market price direction is down because of the influence of the latest news which influences the opinion of new holders to sell at low prices without consideration. We must take advantage of opportunities to increase portfolio assets while prices are still low, always prioritizing the DCA strategy because we will not know when market predictions will actually achieve recovery or the bearish period is still ongoing.

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August 21, 2023, 02:58:22 PM
 #92

Utilizing all opportunities is important to make us able to survive in difficult economic conditions, inflation continues to occur and monthly salaries are difficult because the company is reasonable to sell products so that they cannot provide salary increases, now there are many opportunities that we can do for example doing work side or invest even with a small value.


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August 21, 2023, 03:22:54 PM
 #93

During a dump like this,it is an opportunity for investors to buy more bitcoin using the DCA method which the strong hodlers will take advantage of the price to accumulate more to their portfolio. Buying at this time is like having a discount in the price of bitcoin and newbies that don't understand how bitcoin movement is should not panic because the price will surely go up again.
Throughout the history of the bitcoin price, we know that it has never disappointed holders holding bitcoin assets in the long term, old crypto holders will perceive current market movements as normal even though the market price direction is down because of the influence of the latest news which influences the opinion of new holders to sell at low prices without consideration. We must take advantage of opportunities to increase portfolio assets while prices are still low, always prioritizing the DCA strategy because we will not know when market predictions will actually achieve recovery or the bearish period is still ongoing.

Those who have remained in the market so far know that the dump market is a good opportunity to accumulate more bitcoins. But the problem that I see many people having is: there is no money left to buy the dip. We always cheer each other to buy when bitcoin drops a bit and I don't think everyone has money left to buy when the market drops more. That's why many people no longer want bitcoin to drop in price, they are expecting the price to rise more than ever, including the old investors. I'm more of a bear market fan than ever, but I've run out of money to buy more, so I don't want bitcoin to fall any further.

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August 21, 2023, 09:51:14 PM
 #94

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?
Keep in mind that holding your bitcoin at an exchange is risky and not recommended while you are lucky enough to buy  at a low price. Instead of keeping your bitcoin on an exchange where you don't have complete control over, you should learn how to store it on your crypto wallet or hard wallet. 

Back to the discussion. The majority of crypto investors have been waiting for this kind of chance for bitcoin to drop below this price so they can buy more for a long time. Many investors will either buy more now that the price has established itself to be at a low price or use a DCA approach to their advantage. 

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August 22, 2023, 01:24:24 AM
 #95

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.

Agree on DCA at this bear market is good. And bitcoin currently tested at their local support at 25K and the market now is at the fear according to the coinmarketcap

I will buy more if I have the money but currently I dont  Grin Cry

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August 22, 2023, 02:38:29 AM
 #96

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?

You seem very focused at the moment. Yes, I like typical like you are always good at reading the situation. Yes, BTC Lowering is one thing not to worry about. Well, in this case there are various strategies that people usually use to profit from falling Bitcoin prices, including short selling, margin trading, and derivatives and of course by adapting both investors and traders will be able to take advantage of the opportunities that exist from current btc price fluctuations. This. what is certain is that if you have fresh funds, buy and accumulate little by little and don't go all in once using the DCA pattern if necessary.

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August 23, 2023, 09:31:10 AM
 #97

People will go more closer to bitcoin investment when the price goes up as they see the success of bitcoin but once the price goes down people get afraid of it instead of buying it which is totally a wrong concept.

As this time the price is 26k$ so everyone has the opportunity to take the benefit of this lower price by collection of bitcoin but instead of taking some positive step they run away from it which means that they are so innocent that they can accept their loss but cannot wait more to take advantage out of it.

I think one should buy bitcoin no matter how much but if they can afford so they should buy because as good news originates the price will go more higher again but it is necessary to wait for the exact duration as we don't known when will the market become boost up.
Well, it's not innocence that makes people run away from the market but it is fear and panic that makes them do that and these two things can be found in people that have very limited knowledge about the market and cryptocurrencies in general, otherwise, they would know that a dip like this is basically an opportunity for those who have money to buy more assets because buying lower means getting higher profits when the market enters the bull run.

Also, for those who feel that this is still not the right time to buy and they are waiting for the dip to go deeper, I would suggest they use the DCA method and start buying in portions so that they don't miss out on this opportunity in case the market doesn't go further down and starts going up from here.

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August 23, 2023, 10:52:24 AM
 #98

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? i only take small advantage as my holdings are enough to keep waiting till halving comes but of course I need to have another investments so i am waiting for at least 20k level ? to purchase more again.
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.

Agree on DCA at this bear market is good. And bitcoin currently tested at their local support at 25K and the market now is at the fear according to the coinmarketcap

I will buy more if I have the money but currently I dont  Grin Cry
this is why we need to have always etra money for this kind of scenario imagine bitcoin dropping badly ? and you have no funds to buy in?


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August 23, 2023, 11:48:04 AM
 #99

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?

You are right that the cryptocurrency market is collapsing and the prices of other altcoins are going down a lot due to the fall in the price of Bitcoin. It is true that whenever such a trend occurs or the market falls due to some bad news, many people start selling their assets out of panic. You're right though that it's the best time to shop for us, and we get the chance to get everything at cheap prices. Experienced people and those who are familiar with the cryptocurrency market take full advantage of such an opportunity. They always wait for the market to fall and keep a spare fund for such an occasion. Of course you are lucky that you have funds in the exchange and you are getting an opportunity to buy at a lower price. . We are also taking full advantage of this opportunity and buying Bitcoin as well as other altcoins at a good price.


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August 23, 2023, 11:40:19 PM
 #100


You are right that the cryptocurrency market is collapsing and the prices of other altcoins are going down a lot due to the fall in the price of Bitcoin. It is true that whenever such a trend occurs or the market falls due to some bad news, many people start selling their assets out of panic. You're right though that it's the best time to shop for us, and we get the chance to get everything at cheap prices. Experienced people and those who are familiar with the cryptocurrency market take full advantage of such an opportunity. They always wait for the market to fall and keep a spare fund for such an occasion. Of course you are lucky that you have funds in the exchange and you are getting an opportunity to buy at a lower price. . We are also taking full advantage of this opportunity and buying Bitcoin as well as other altcoins at a good price.
For those who are new to crypto, of course things are like now, of course they will panic because they are just starting and don't understand, if they understand well, of course they will take the opportunity to buy it, but we don't have to force ourselves in this case, buy as much as we can don't force yourself so you don't regret it in the future.
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