AirtelBuzz
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March 17, 2024, 02:47:12 AM |
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Now is the time to buy bitcoin so now buy bitcoin buy buy buy. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) As those of us who watch the market may already be aware of, Bitcoin prices have fallen almost as much over the past few days. Today, the current price of Bitcoin is above $66,000, which means that the price of Bitcoin has changed by -4.24 percent in 24 hours. Maybe bitcoin has created an opportunity for all of us to buy so we should buy bitcoin without delay. The longer you can hold bitcoins, the more profitable you will be. So Buy Bitcoin now and try to hold it long term for profit.
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lionheart78
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March 17, 2024, 03:08:45 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? This kind of scenario really happens. It also happened to me but my take on this is that holders sometimes missed certain important updates of the market thus selling or buying at the wrong time. I often see this scenario happens on shitcoins and many other altcoins since most of these cryptocurrency market are manipulated. If one does not have any inside intel, it would be hard for him to read the pattern of these market. While in Bitcoin, the only reason why people experience this kind of scenario is that they lack patience and often times FOMO'ed and hastily buy and soon after lost patience and got shaken the moment there is bad news circulate the market. Given the period we're in is it buy time or sell time?
In the Bitcoin market, one can enter at any point and set a selling price for profit. One should be patient and should be always updated on information about the market sentiment and news. So far those who bought in Bitcoin during the ATH of 2021 are all in profit now if they haven't sold their BTC yet. This simply shows the importance of patience and timing.
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wiss19
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March 17, 2024, 06:01:54 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
The situations you are talking about occur when a person buys and sells a certain asset at the wrong time. So before one gets into the market and starts buying and selling which is called trading, one needs to make sure that one understands everything very well so that they don't face situations like these and they understand when they need to buy and when they need to sell their assets. The period we are in is the period when most people sell to take a profit because Bitcoin has hit a new all-time high and some altcoins are up as well, so if someone has invested in any of these, they can take profit during such times and then wait for a dump or crash so that they can buy again. It wouldn't make sense to sell right now and buy again very quickly, or even buy when you can clearly see the market is gone very high.
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teamsherry
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March 17, 2024, 06:54:19 AM |
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I think right now is not a time to sell at all cause of the current market trend which is bullish and we are not sure if we are done yet, and yes the halving us not yet here and we are not sure if we woudl have more price surges or if we would start a retrace.
But anyway I'm not selling my holdings, cause I plan in investing for the long term, and i think I'll achieve more profit holding longer than even selling anytime soon and I guess you should do the same.
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bitterguy28
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March 17, 2024, 10:17:59 AM |
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I think right now is not a time to sell at all cause of the current market trend which is bullish and we are not sure if we are done yet, and yes the halving us not yet here and we are not sure if we woudl have more price surges or if we would start a retrace.
Bullish is when others se as opportunity to sell their funds and take profit and even if you say it is bullishing remember that there are n specific time when the bull ends r not, look at the price now? the market is falling . But anyway I'm not selling my holdings, cause I plan in investing for the long term, and i think I'll achieve more profit holding longer than even selling anytime soon and I guess you should do the same.
wow , we have HODLER here ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) good luck mate , I am for buy low sell high for now to extend my possible profit .
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Ayers
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March 17, 2024, 11:15:18 AM |
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Now is the time to buy bitcoin so now buy bitcoin buy buy buy. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) As those of us who watch the market may already be aware of, Bitcoin prices have fallen almost as much over the past few days. Today, the current price of Bitcoin is above $66,000, which means that the price of Bitcoin has changed by -4.24 percent in 24 hours. Maybe bitcoin has created an opportunity for all of us to buy so we should buy bitcoin without delay. The longer you can hold bitcoins, the more profitable you will be. So Buy Bitcoin now and try to hold it long term for profit. A good time to buy bitcoin is when we have money and are ready to invest, not because bitcoin dropped 4% and say this is a good time to buy. What will happen if bitcoin drops another 10% tomorrow? So in my opinion, buying when you are ready to invest and have the ability to hold long term, at any price is the time to accumulate bitcoin. But that doesn't mean we'll buy at any price even if bitcoin hits $200k in this year's bull run. During the bull season, we should limit buying when the price of bitcoin has increased too much and should wait for another bear season to come which would be a more appropriate time. But right now the price increase season has not really reached its peak, so I think we should buy while we have money, don't wait for prices to decrease because there is no guarantee that prices will decrease further.
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bestcoins1
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March 17, 2024, 02:09:21 PM |
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it depends on your analysis and beliefs. Before buying you have to do an analysis and if you find extraordinary potential in the future then buy and hold, and vice versa. Trading without analysis is the same as gambling, and don't trust other people's analysis too much because the investment risk is not borne by other people.
It's quite reasonable to say that about trading that doesn't apply analysis before running it on anything, but if it's just trading I think it wouldn't be too complicated to make your own analysis and not rely on analysis from other people. Because what is more difficult here is knowing the future of an asset that we will hold for a long period unless we only look at Bitcoin which has been proven enough to be able to be bought and held for a long period without any doubt.
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martinex
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March 17, 2024, 03:18:10 PM |
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It's quite reasonable to say that about trading that doesn't apply analysis before running it on anything, but if it's just trading I think it wouldn't be too complicated to make your own analysis and not rely on analysis from other people. Because what is more difficult here is knowing the future of an asset that we will hold for a long period unless we only look at Bitcoin which has been proven enough to be able to be bought and held for a long period without any doubt.
That right and don't forget that there is also the luck factor and it is often an encouragement to invest. If we entered yesterday when the BTC price was 73K, there would be quite a decline in the current market correction where our assets would also fall and if we enter and buy now, it might be better for our emotional level, even though there is a big possibility that further corrections are very likely to occur. Tomorrow is Monday and prices usually appreciate down when the market opens. However, for those who hold BTC, it is not a big problem, for those who hold altc, you have to be careful and we have to set a stop loss, otherwise the reversal will take quite a long time to return to the price we bought previously.
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erep
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March 17, 2024, 04:15:59 PM |
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That right and don't forget that there is also the luck factor and it is often an encouragement to invest. If we entered yesterday when the BTC price was 73K, there would be quite a decline in the current market correction where our assets would also fall and if we enter and buy now, it might be better for our emotional level, even though there is a big possibility that further corrections are very likely to occur.
We always remind you never to place an investment at one price and prioritize options for DCA investment, because the crypto market can never be predicted and the market reality has experienced high corrections even though some opinions say the market potential could reach a price of 80k before the market correction issues. However, if you follow the DCA investment instructions then don't worry if you have entered at a price of 70k above but you have to involve several other stages of investment at lower prices to cover high losses when the market recovers. Tomorrow is Monday and prices usually appreciate down when the market opens. However, for those who hold BTC, it is not a big problem, for those who hold altc, you have to be careful and we have to set a stop loss, otherwise the reversal will take quite a long time to return to the price we bought previously.
The crypto market does not affect the day or month because the price increase depends on the strong influence that has an effect on the crypto exchange, so it doesn't matter if tomorrow is Monday, Tuesday or any other day because crypto movement patterns follow demand and supply.
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GeorgeJohn
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March 17, 2024, 10:44:35 PM |
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I think right now is not a time to sell at all cause of the current market trend which is bullish and we are not sure if we are done yet, and yes the halving us not yet here and we are not sure if we woudl have more price surges or if we would start a retrace.
Bullish is when others se as opportunity to sell their funds and take profit and even if you say it is bullishing remember that there are n specific time when the bull ends r not, look at the price now? the market is falling . But anyway I'm not selling my holdings, cause I plan in investing for the long term, and i think I'll achieve more profit holding longer than even selling anytime soon and I guess you should do the same.
wow , we have HODLER here ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) good luck mate , I am for buy low sell high for now to extend my possible profit . the best time to say your Bitcoin is when you have a particular target and if you don't have a target make a profit anytime there is a a bullish season so you have to have a target that is why many people today lose for their investment because there does not have data get the only expecting to sell when the price of Bitcoin Rise Up so that is when they have the inner objective to sell their Bitcoin thinking that that is the best time and the best opportunity for them to make your profit
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bitterguy28
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March 18, 2024, 07:44:12 AM |
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I think right now is not a time to sell at all cause of the current market trend which is bullish and we are not sure if we are done yet, and yes the halving us not yet here and we are not sure if we woudl have more price surges or if we would start a retrace.
Bullish is when others se as opportunity to sell their funds and take profit and even if you say it is bullishing remember that there are n specific time when the bull ends r not, look at the price now? the market is falling . But anyway I'm not selling my holdings, cause I plan in investing for the long term, and i think I'll achieve more profit holding longer than even selling anytime soon and I guess you should do the same.
wow , we have HODLER here ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) good luck mate , I am for buy low sell high for now to extend my possible profit . the best time to say your Bitcoin is when you have a particular target and if you don't have a target make a profit anytime there is a a bullish season so you have to have a target that is why many people today lose for their investment because there does not have data get the only expecting to sell when the price of Bitcoin Rise Up so that is when they have the inner objective to sell their Bitcoin thinking that that is the best time and the best opportunity for them to make your profit yeah , exactly my point mate and this is also the reason why I Said i am Hodler because instead of releasing all my coins , I rather keep them hold though Have sold small amount recently for some reason that I think tolerable .
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mirakal
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March 18, 2024, 01:34:47 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
The situations you are talking about occur when a person buys and sells a certain asset at the wrong time. So before one gets into the market and starts buying and selling which is called trading, one needs to make sure that one understands everything very well so that they don't face situations like these and they understand when they need to buy and when they need to sell their assets. The period we are in is the period when most people sell to take a profit because Bitcoin has hit a new all-time high and some altcoins are up as well, so if someone has invested in any of these, they can take profit during such times and then wait for a dump or crash so that they can buy again. It wouldn't make sense to sell right now and buy again very quickly, or even buy when you can clearly see the market is gone very high. I guess what you mean to say is that bitcoin has already crossed the last ATH but it has not yet achieved its new ATH. Or should I say no one actually knows if that $73.8k is the new new all time high for bitcoin, as we are still speculating that bitcoin will eventually hit $80k after this slight price correction. Hence, I can say that this not a selling time but most likely an opportunity to buy more and accumulate more through DCA. Bitcoin halving is just around the corner, and so is bitcoin bull run. And in order to maximize our profits when that time comes, then we are opted to buy more and store maximum amount of bitcoin in our portfolio as much as possible.
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Wiwo
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March 18, 2024, 02:29:38 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
In cryptorcurrency just know that, while you a taking profits, another's person is losing and when you lose another one gains so that how the ⛓️ chain rolled, you have to agree with that fact, after that you then have to align yourself with that, that I why it better to hold bitcoin and a few other coins that have stabilities. When you are lucky to buy bitcoin at a discounted price, you will be in gain anytime the price increases significantly such as in the recent market price which saw brief all time high an still at high price, so it buy low and sell high that is how to stay in profits position all through.
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Troytech
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March 19, 2024, 09:17:53 PM |
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~snip~ What's your take on this? Given the period we're in is it buy time or sell time?
It depends on what type of person (investor) you are. There are those who we call day traders, and they are looking for an opportunity for profit every day, and significant price changes in a very short period of time are something positive for them. For example, if you bought 1 BTC yesterday for $60k+, you could already sell it today for almost $68k, which is more than a great profit - now imagine what kind of profits those who trade with tens or hundreds of BTC make. If you are an investor who invests for the long term, then any time is good for investment - even though investing during a bull run will not bring even close to the same profit compared to the profit that could be made if you invested during a bear market. From what you are saying the time we invest can actually affect the kind if profit we make which is true, but bitcoin is designed to get more scarce and with high demand which means one thign that the price would only continue to get higher and sure even those that bought from high price woudl get profits even if not as much as when bought from prices. It's better to approach bitcoin planning to hold for long than short term cause, short term is just like trading while long term is the real investing in bitcoin, if you want to hold bitcoin for let's say 3 months cause of the bull surely if you time I welk you would get some good profits, but if you had linger for let's say 4 years you sjoudk be expecting a 4x exponential compounding effect on that same investment which is much larger than what you got now.
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_BlackStar
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March 19, 2024, 09:35:47 PM |
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-snip-
From what you are saying the time we invest can actually affect the kind if profit we make which is true, but bitcoin is designed to get more scarce and with high demand which means one thign that the price would only continue to get higher and sure even those that bought from high price woudl get profits even if not as much as when bought from prices. It's better to approach bitcoin planning to hold for long than short term cause, short term is just like trading while long term is the real investing in bitcoin, if you want to hold bitcoin for let's say 3 months cause of the bull surely if you time I welk you would get some good profits, but if you had linger for let's say 4 years you sjoudk be expecting a 4x exponential compounding effect on that same investment which is much larger than what you got now. Each investor will get a different portion of return depending on how much bitcoin he has and how much budget he spent when buying it. Buying at low prices and holding for the long term is a good investment approach - it will give you higher returns considering that there will be a bullish phase in the future. We have two cycles - bearish and bullish. Bearish can be maximized to buy and accumulate - while you can exploit bullish cycles to gain profits. Holding on without selling as long as possible probably won't give you higher returns than selling at the ATH - but it's just an option that may be useful to you and others.
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lalabotax
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March 19, 2024, 09:55:10 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
There is no certain time for buying or selling. But commonly, people will recommend to buy during the bearish season and selling in the bullish season. However, if someone still wants to buy now, it is no problem as long as the goal is clear. I'm sure people who buy now, they set a short term goal/target. It is the importance of analysis, we can avoid the chance of price drop after buying. Even if sometimes there is an unpredictable condition because of FUDs, we have analyzed deeply at least. Anyway, it is no problem if the price is dropping now, just wait for the next pump if we don't hurry to take profits. That's why make sure we use the funds that it is not for basic necessities.
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Dorkylickjj (OP)
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March 19, 2024, 10:19:48 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value,
There is no need to be overly greedy, although you always want to buy at a cheaper price. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Even if the price fell after buying the coin, this doesn't mean absolutely anything if you didn't sell at the dropped price, because you still have the coin. 1 coin = 1 coin. or someone sells his coin for a certain rate and then it appreciates just after.
Why worry about it if the seller made a profit? Another manifestation of greed. Curb your appetites. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What's your take on this? Given the period we're in is it buy time or sell time?
How I don’t like it when they try to fit the situation into the only correct pattern. Now is the time to both buy and sell. It is the open market where both of these types of transactions occur. Those who benefit now are selling. Those who benefit from buying, buy. You don't know what to do in the current situation? Analyze your personal situation and, based on this, decide what is beneficial (or necessary) for you. You be mistaking greed for purpose and ambition you clearly cannot tell when someone is being greedy. Some people panic when coin price falls, as well as is when others see it as a window since their target coin grab becomes affordable.i just don't get your point, mister. And you can't go around calling me greedy, you don't know jack about me and my priorities.
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Kwarkam
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March 19, 2024, 11:21:23 PM |
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I think whenever is the right time to buy (assuming you're not talking about shitcoins) given that btc won't remain on the current mark for far too long, and as you keep stalling and don't buy, you'll keep regretting, as the price moves on, but there's a flip side, generally speaking, dips are when most investors go for grabs, most people stall till dips or bearish market to buy coins. As for selling... It depends on what kind of investor you are. Most HODLers hold till a certain time to sell (target price), however, selling is up to you, generally, would be wise to do so on bullish market
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Kwarkam
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March 19, 2024, 11:37:41 PM |
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I think right now is not a time to sell at all cause of the current market trend which is bullish and we are not sure if we are done yet, and yes the halving us not yet here and we are not sure if we woudl have more price surges or if we would start a retrace.
Bullish is when others se as opportunity to sell their funds and take profit and even if you say it is bullishing remember that there are n specific time when the bull ends r not, look at the price now? the market is falling . But anyway I'm not selling my holdings, cause I plan in investing for the long term, and i think I'll achieve more profit holding longer than even selling anytime soon and I guess you should do the same.
wow , we have HODLER here ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) good luck mate , I am for buy low sell high for now to extend my possible profit . I'm also there too😂 Realistically speaking, that's how you make the best out of Bitcoin, HODLing, Selling off during a bullish market, or targeting a number of ATHs. I just appreciate this method of investment. To whom it may concern; it's not gteed, it's wisdom. Cheers, @bitterguy28
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el kaka22
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March 20, 2024, 04:58:22 AM |
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I understand both of them, buying low and selling high makes sense and I think that is how we should be, it definitely improves everyone, we should probably just consider that as the most normal thing.
I think the reality is that we are going to just have a situation where things will not be as simple, and because of that I think we should consider this to be the most normal thing for people have different ideas. Both buying low and selling high stuff and also the buy and hold method, they are both good and there is nothing wrong with them. People could pick either, and as long as the yare capable of doing them both, both should make you profit, it is not that easy to master it but you can definitely do that eventually.
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