Buy Buy Buy or Sell Sell Sell?

[Sticky Bomb]

I believe there are two sides to the current highly volatile situation. I believe those with substantial capital and who have invested in Bitcoin from its lowest price to its peak aren't particularly concerned about the current market conditions. I also understand the feelings of others who may have bought when the price was above $100 and are financially unstable, making them extremely anxious about the current situation. I believe this is perfectly normal, as psychological and mental fluctuations also affect the situation.

Don't invest in Bitcoin if your financial situation is unstable.

You can invest into bitcoin even if you are financially unstable because what you need to invest is your discretionary income that can be as low as $10. You don't need a big amount of money to put into bitcoin at first. The most important thing is to get started. If you don't sell the bitcoin that you bought irrespective of the market condition, you are not at loss.

A state of being financially unstable is marked with expenses exceeding income, struggles in paying bills, financial stress e.t.c. A person in this condition doesn't even have enough to even take care of their expenses not to talk about having discretionary income that he/she should put into buying Bitcoin. I do not agree with such point. Having little discretionary income is far different from being financially unstable.

Being financially unstable is a state of lack and person's in that situation and having interest in Bitcoin would have to work around their finances to ensure they meet their expenses first and still have discretionary income left before venturing into buying and holding Bitcoin.

[sotelorene]

I believe the right statement should've been that we're not meant to be afraid of the price drop as investors since we've a better knowledge of gathering more quantities during a dip, but remain committed to our ongoing buys since dips are opportunities to buy more at reduced prices. Every Bitcoin investor who is holding would be observing a reduction in the value of their portfolio and that is why it's very important to understand the volatility part of Bitcoin so as not to be susceptible to panic when the prices starts dropping. Guys who would be very troubled about this dip are those who didn't buy Bitcoin with their discretionary income, such people would already be panicking since it seems they've lost their gamble and they may sell at much lower prices than their entry price to attend to necessities. Buying Bitcoin is very much advised to be done with discretionary income so you'll not be bothered in times like this because you'll not be needing the money anytime soon and surely you can go long-term in Bitcoin.

You are very right my friend. We all know that many investors who are afraid are only afraid because they have no or little knowledge about bitcoin investment. Grasping a lot about bitcoin investment takes a little time while you accumulate and learn. Experience also matters a lot, which is the main reason i wont blame newly recruited investors. They will figure out most things as they go along the journey. But for us who have the knowledge we should be afraid. One thing is for sure, bitcoin price will return to the former and also create a new ATH. Just HODL.

I'm sure that if someone understands the risks, they won't panic so much when the situation changes drastically, given its inherent volatility. Greed is often practiced by some people with FOMO, and the rapidly changing situation can erode their mentality due to panic. Therefore, there are many methods and techniques that must be implemented before entering the market, and each exchange offers numerous features that can be tailored to individual preferences.

You are right but it is not just about understanding the risk but also by using what you can afford to let go which is your discretionary income. I wonder what will make someone to panic when they use what they can afford to loss or money they won't need to use for some period of time and this period is always indefinite because you should not need to use it in a short term. The mistake some people make is using money outside their discretionary to invest in Bitcoin and then whenever Dip like this happens they are already fucked up because they will be scared and they will panic and some will even sell, so the best advise still remains to invest with what we can afford to loss.

[Muba20]

I wonder what will make someone to panic when they use what they can afford to loss or money they won't need to use for some period of time and this period is always indefinite because you should not need to use it in a short term. The mistake some people make is using money outside their discretionary to invest in Bitcoin and then whenever Dip like this happens they are already fucked up because they will be scared and they will panic and some will even sell, so the best advise still remains to invest with what we can afford to loss.

I agree with you what you have said. When investing with discretionary income, the investor does not have to panic about the fall of Bitcoin. He gets the opportunity to regularly invest his money without stress. But for those investors who invest money that is not suitable for investment, investing in Bitcoin poses a big problem. If the investment is made beyond their discretionary income it is not possible for those investors to hold for the long time due to panic when the price fall, which increases the losses.

[Dreadboost]

This Bitcoin price action seems a bit different than other times. You will see that the price has been in a gradual and gradual downward trend and is currently at a lower price. The Bitcoin price is part of a temporary reaction that could soon start a bull run. DCA investors continue to buy Bitcoin regardless of the price, so the price drop is the right time for them to buy aggressively.

Real investors are not worried about the price of Bitcoin because most of them know that the price will increase significantly soon and the correction period is very short. The price correction may continue for a few more days and prudent investors are continuing to buy Bitcoin.

That's why you have DCA strategy so you don't have to be bothered with price action cause you can't actually tell the future , we are bearish at the moment , and same time the market can still take urge turn in to bullish anytime so we know we can't keep watching the market every time, so to avoid such stress that's where DCA comes in which is the purchasing of bitcoin with a fixed amount in a given time either weekly or monthly, at different price intervals either up or down  (which same time saying don't be bother with the market movement) because DCA is all about accumulating bitcoin no matter the market conditions either when the price is low or high.

You are right with your DCA explanation, but I just want to point something out that buying bitcoin through DCA must not be with a fixed amount. There are weeks or months that an investor might decide to go high or low with his DCA amount depending on the level of things that he might want to achieve within that time, and also depending on the level of inflow the investor got within that week or month. The point is just that DCA amount can vary from week to week or month to month. It mustn't be a fixed amount before it will be considered DCA.

I believe that buying Bitcoin with fixed versus variable amounts depends on the income nature of the investor since a fixed income earner might have carefully estimated his expenses for the period and identified his discretionary income from where he carves out the part of it he invest into Bitcoin and the remainder which he pushes into building out backup funds.

For an investor with variable income, maybe a contractor for example which handles varying quantity of projects in which some he would have more profits and some lesser, it's very important that the investor has a certain percentage of his discretionary income that he invest into Bitcoin on a normal setting and on the occasion he has a larger discretionary income from bigger profits, he can choose to increase his allocation into Bitcoin. That way the investor has flexibility of allocating funds to his portfolio since his discretionary income is variable.

To an investor with little portfolio, this bearish is the right time to start one's investment into Bitcoin because its cheaper  to accumulate reasonable Bitcoin using DCA to navigate through the market and hold for as long as possible in order to have the bullish of the coin to set in, where most investors activate sales in order to actualize more profits as  an investor...

Yes investors with good knowledge will know that this is a Golden opportunity. Using DCA will make it more easier and is emotionally good as well since you only have to accumulate with your dictionary income consistently, Even small amount will build up over time.
The key is to stay consistent and patient, at the end of the day Bitcoin will only reward the patient and disciplined investors.

[Odusko]

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I really do not understand why people are fearful at the moment and why no one is willing to buy Bitcoin at such low prices like 85-86K. The fear & Index is in extreme fear for the last few weeks and it is a golden moment for those who want to invest in bitcoin; this is the time. Remember, when everyone is fearful, it's time to buy and history has shown us that those who buy in these times are the ones who are rewarded the most.

It's not easy to go against the sentiments of the market and turn out to be a buyer in these times when every other person is selling bitcoin. For me, this time is for the shopping and accumulate cheap bitcoin 

What do you expect from those that jump on the market to buy when the price of Bitcoin was at all time high price, this set of investors have been on a steady pressure and sell off since they wanted to gamble with the Bitcoin market trends thinking that they going to see somewhere around $159-$200kBTC Price in the bull season before major correction, but they where taken unaware when the price of Bitcoin suddenly dip, this is where knowledge and understanding of the market make a significant impact on the mental well being of the investors.

[I_Anime]

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I really do not understand why people are fearful at the moment and why no one is willing to buy Bitcoin at such low prices like 85-86K. The fear & Index is in extreme fear for the last few weeks and it is a golden moment for those who want to invest in bitcoin; this is the time. Remember, when everyone is fearful, it's time to buy and history has shown us that those who buy in these times are the ones who are rewarded the most.

It's not easy to go against the sentiments of the market and turn out to be a buyer in these times when every other person is selling bitcoin. For me, this time is for the shopping and accumulate cheap bitcoin 

What do you expect from those that jump on the market to buy when the price of Bitcoin was at all time high price, this set of investors have been on a steady pressure and sell off since they wanted to gamble with the Bitcoin market trends thinking that they going to see somewhere around $159-$200kBTC Price in the bull season before major correction, but they where taken unaware when the price of Bitcoin suddenly dip, this is where knowledge and understanding of the market make a significant impact on the mental well being of the investors.

Exactly  , though the market condition is like this due to manipulations , and everything started when the crypto market experienced that massive spike dip , I believe by now we would have been in the range of $130k or going to the range if not for manipulation.

But still it all depends on how we use it lately many are scared some are even speculating that the market is going to dip further , but those who truly understand how things work in this space , can see opportunities so there’s no need for panicking . Like few days back I bought some BTC and the quantities was quite nice due to the market recent condition. So in another word am saying am going to make good use of this dip rather than panicking.

[coinrifft]

I wonder what will make someone to panic when they use what they can afford to loss or money they won't need to use for some period of time and this period is always indefinite because you should not need to use it in a short term. The mistake some people make is using money outside their discretionary to invest in Bitcoin and then whenever Dip like this happens they are already fucked up because they will be scared and they will panic and some will even sell, so the best advise still remains to invest with what we can afford to loss.

I agree with you what you have said. When investing with discretionary income, the investor does not have to panic about the fall of Bitcoin. He gets the opportunity to regularly invest his money without stress. But for those investors who invest money that is not suitable for investment, investing in Bitcoin poses a big problem. If the investment is made beyond their discretionary income it is not possible for those investors to hold for the long time due to panic when the price fall, which increases the losses.

It just contradict everything what we learn in investing though. If you don't have the money then simply don't invest. Because when we invest the money that we need for living expenses, i.e. bills, putting food in the table for our families or even for emergencies, every drop in the price is going to be catastrophic for us. And then we are force to make emotional decisions as we can't afford that kind of downturns. That's why we shouldn't over allocate into Bitcoin or any other volatile asset in general as it will lead to panic selling at the worst possible time, thus turning dips in real losses. Investing becomes much healthier and more sustainable when you stay within our true risk capacity.

[GIF-JOBS]

]

Bitcoin price is not a big deal, our goal is to move forward with investment. Bitcoin investment has become the most attractive at the moment and will become even more attractive in the future, if you notice, you will definitely understand that no one is afraid of the current Bitcoin price situation, those who are real holders are busy holding more. Because our goal is not the price of Bitcoin, but holding Bitcoin. Because Bitcoin can only be most successful if the DCA method is followed correctly. That is why we will not focus on the price of Bitcoin, but on how we can hold Bitcoin for a long time and if we follow the DCA method for a long time, it will be easiest to hold Bitcoin.

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

Those who have no idea about Bitcoin or have very very little idea of ​​its long-term growth, they are the ones who are afraid during times of volatility, but those who know Bitcoin, believe in it and have been watching it for a long time will definitely not be afraid at such times, they will be able to keep themselves stable in any situation. Here, long-term belief is the most important thing, if there is subjectivity, it becomes easier to hold Bitcoin in the long term by avoiding all kinds of volatility issues.

[Ryu_Ar1]

It just contradict everything what we learn in investing though. If you don't have the money then simply don't invest. Because when we invest the money that we need for living expenses, i.e. bills, putting food in the table for our families or even for emergencies, every drop in the price is going to be catastrophic for us. And then we are force to make emotional decisions as we can't afford that kind of downturns. That's why we shouldn't over allocate into Bitcoin or any other volatile asset in general as it will lead to panic selling at the worst possible time, thus turning dips in real losses. Investing becomes much healthier and more sustainable when you stay within our true risk capacity.

Keep in mind that discretionary funds are not funds that are already free from your spending funds in daily needs or reserve funds that are specifically for unexpected needs.

So indirectly in this case is that when we use your discretionary funds to invest you do not have to worry about your expenditure funds or your reserve funds being disturbed because the discretionary funds are already separate from the funds needed in your expenses and your reserve funds.
That is why when we want to invest in bitcoin for the long term some of us recommend discretionary funds so that we are not disturbed by market conditions that occur or even with the needs that we live in our daily lives.

[PhilosopherKing]

When investing with discretionary income, the investor does not have to panic about the fall of Bitcoin. He gets the opportunity to regularly invest his money without stress. But for those investors who invest money that is not suitable for investment, investing in Bitcoin poses a big problem. If the investment is made beyond their discretionary income it is not possible for those investors to hold for the long time due to panic when the price fall, which increases the losses.

We should know that people can invest with their discretionary income but yet still freak out whenever the bitcoin price drop. And  this is because the source of the money used isn't what stops the fear alone, having the right mindset also matters too. So even if the money is the safe to use money such as our. discretionary income, people who haven't yet trained their mind to accept and expect volatility in Bitcoin, will still end up panicking. That is why in addition to using your discretionary income to invest, long term investors also need to work on their level of patience and understanding inorder not to fall victims of short term panicking.

[ejikeme24]

Those who have no idea about Bitcoin or have very very little idea of ​​its long-term growth, they are the ones who are afraid during times of volatility, but those who know Bitcoin, believe in it and have been watching it for a long time will definitely not be afraid at such times, they will be able to keep themselves stable in any situation. Here, long-term belief is the most important thing, if there is subjectivity, it becomes easier to hold Bitcoin in the long term by avoiding all kinds of volatility issues.

You're correct those investors that have witnessed it from time to time is now used to it but those that started recently would definitely feel pressured During this period since this is  actually their first time of experiencing it, you know we have already been thought about the volatility so we are to test our faith because it's not just about jumping into conclusion when you have not even witnessed how the dip looks like but I believe after this we would probably get used to it because everything is to be done in gradual process but all we need to do right now is to remain positive or maintain the ongoing buying of Bitcoin because this dip won't last forever.

[Pandorak]

What do you expect from those that jump on the market to buy when the price of Bitcoin was at all time high price, this set of investors have been on a steady pressure and sell off since they wanted to gamble with the Bitcoin market trends thinking that they going to see somewhere around $159-$200kBTC Price in the bull season before major correction, but they where taken unaware when the price of Bitcoin suddenly dip, this is where knowledge and understanding of the market make a significant impact on the mental well being of the investors.

I think what happened during this decline was not really surprising. If we look deeper, those who sell during a decline like this are generally divided into two groups:

• Short term traders enter the market with the aim of profiting from price differences. Unfortunately, the market suddenly drops significantly in a relatively short period of time, leaving them confused. Those who do not have a cut loss plan or do not set a stop loss will panic, and the decision to sell quickly is often the only way to limit losses.

• On the contrary, they claim to be investors who should focus on the long term, regardless of current price volatility. But in practice, they may not fully understand how to manage their money well. They may buy too aggressively when prices are at their peak, using funds that should not be touched (living expenses) or even taking out loans, instead of using reserve funds. So when prices fall and urgent needs suddenly arise, they are forced to sell at a loss because they have needs/obligations that must be met with those funds. It's not because of strategy, but because of life pressures. Here we can clearly see that to be an investor, it's not enough to just believe in the future of Bitcoin, but you also have to have the ability to manage your finances so that you don't get caught up in short-term volatility.

Many people bought Bitcoin at its ATH level with the belief that Bitcoin would immediately surge to the $159k–$200k range without stopping. In fact, history has always shown that corrections are a healthy part of the cycle before reaching higher prices, it's just a matter of time. When the decline came suddenly, only then did people realize the importance of financial planning.

[laijsica]

When investing with discretionary income, the investor does not have to panic about the fall of Bitcoin. He gets the opportunity to regularly invest his money without stress. But for those investors who invest money that is not suitable for investment, investing in Bitcoin poses a big problem. If the investment is made beyond their discretionary income it is not possible for those investors to hold for the long time due to panic when the price fall, which increases the losses.

We should know that people can invest with their discretionary income but yet still freak out whenever the bitcoin price drop. And  this is because the source of the money used isn't what stops the fear alone, having the right mindset also matters too. So even if the money is the safe to use money such as our. discretionary income, people who haven't yet trained their mind to accept and expect volatility in Bitcoin, will still end up panicking. That is why in addition to using your discretionary income to invest, long term investors also need to work on their level of patience and understanding inorder not to fall victims of short term panicking.

There should be discretionary income and long term mental preparation for Bitcoin only then will you not be afraid of price fluctuations. Yes new investors may be afraid for a while. When the price of Bitcoin recovers soon they will know the nature and inherent strength of Bitcoin. Investing in Bitcoin in the long term is actually a very difficult exercise because in some cases there is a tendency to be greedy along with fear in investing. The greed for high profits in the short term creates a big challenge in long term Bitcoin investment. Such a tendency may be for new investors but experienced investors are aware of the greedy market and they always stick to accumulation Bitcoin through discretionary income.

[8rch7]

I agree with you what you have said. When investing with discretionary income, the investor does not have to panic about the fall of Bitcoin. He gets the opportunity to regularly invest his money without stress. But for those investors who invest money that is not suitable for investment, investing in Bitcoin poses a big problem. If the investment is made beyond their discretionary income it is not possible for those investors to hold for the long time due to panic when the price fall, which increases the losses.

Its investor mindset never stress how lower price of bitcoin as long term investment target keep believing after correcting always have recovering moment, most of the right investor seemly take great moment with bitcoin downtrend buy back as much possibility depend on financial condition. Never has ideas for selling during bitcoin downtrend and adopting buy when any bad news appear than sell later after have good news, some people wrong way when investing in bitcoin buy during have many good news with bitcoin break out to higher price and got panic for buying later after many bad news and bitcoin going dump.

Investor keep calm down after facing many time bitcoin correction know well how possibility break out later and take great opportunity to buy back not selling previous investing before.

[alankasman]

You're correct those investors that have witnessed it from time to time is now used to it but those that started recently would definitely feel pressured During this period since this is  actually their first time of experiencing it, you know we have already been thought about the volatility so we are to test our faith because it's not just about jumping into conclusion when you have not even witnessed how the dip looks like but I believe after this we would probably get used to it because everything is to be done in gradual process but all we need to do right now is to remain positive or maintain the ongoing buying of Bitcoin because this dip won't last forever.

They are already familiar with this, so they also don't feel pressured anymore when a price drop like this occurs, because this isn't the first time they've experienced something like this, except for those who are just starting out with a drastic price drop like this, which forces them to think about it to avoid jumping to unnecessary conclusions.

Because sometimes the price drop can cause their confidence to decrease so they don't buy Bitcoin anymore, that's one of the wrong ideas, even though they need to know that when the price is like that, they are required to buy Bitcoin, because with the price drop, this is certainly an opportunity for those who want to invest so that when the price rises again, this will create big profits for those who have just started investing in Bitcoin.

[ruykeri]

Those who have no idea about Bitcoin or have very very little idea of ​​its long-term growth, they are the ones who are afraid during times of volatility, but those who know Bitcoin, believe in it and have been watching it for a long time will definitely not be afraid at such times, they will be able to keep themselves stable in any situation. Here, long-term belief is the most important thing, if there is subjectivity, it becomes easier to hold Bitcoin in the long term by avoiding all kinds of volatility issues.

You are right .  Bitcoin is never for short-term investment. Those who invest in short-term either make a profit or face a loss. Those who make a profit also do not get the real benefits of Bitcoin. Investing in Bitcoin basically plays a big role in time and patience. That is why the investor should have his cash-flow and backup funds in such a way that he is not forced to sell Bitcoin during a market dip. Bitcoin's volatility is not a problem, it is a very common thing and I see it as an opportunity. Now that the opportunity has been created, if you cannot invest aggressively, then you should pay attention to keeping your Bitcoin holdings in order. Short-term emotional investment destroys your holdings, but long-term holdings of Bitcoin are protected by the right idea.

[barisbilgili]

They are already familiar with this, so they also don't feel pressured anymore when a price drop like this occurs, because this isn't the first time they've experienced something like this, except for those who are just starting out with a drastic price drop like this, which forces them to think about it to avoid jumping to unnecessary conclusions.

Because sometimes the price drop can cause their confidence to decrease so they don't buy Bitcoin anymore, that's one of the wrong ideas, even though they need to know that when the price is like that, they are required to buy Bitcoin, because with the price drop, this is certainly an opportunity for those who want to invest so that when the price rises again, this will create big profits for those who have just started investing in Bitcoin.

Everyone feels something when a significant price drop occurs, There's at least a little panic or worry about seeing the asset decline, However it's not excessive because I'm sure we all believe that Bitcoin's price will recover, no matter when.
So now we just need to focus on continuing to accumulate Bitcoin using the DCA method. I think there's a slight advantage to accumulating larger amounts than usual For some investors who are aggressive during sharp declines, there's also no harm.

[Kaliandra]

I agree with you what you have said. When investing with discretionary income, the investor does not have to panic about the fall of Bitcoin. He gets the opportunity to regularly invest his money without stress. But for those investors who invest money that is not suitable for investment, investing in Bitcoin poses a big problem. If the investment is made beyond their discretionary income it is not possible for those investors to hold for the long time due to panic when the price fall, which increases the losses.

It is absolutely true that if someone uses discretionary income to buy BTC, then when the price of BTC falls, it will not cause stress because their daily needs have certainly been met. What causes someone to become stressed when they see the price of BTC fall is not using discretionary income to buy BTC, which ultimately causes them to see the price of BTC fall and become stressed because the costs of daily life are sometimes not met. For example, money for daily necessities And yes, as a result, many people immediately sell their BTC even at a loss because, for example, they sell it when the price of BTC falls, so in the end, their plan for long-term investment in BTC fails.

Investing in BTC is certainly very easy if we know the right way to do it, and of course, people who are successful in investing in BTC are mostly those who use discretionary income and money that they are prepared to lose. However, it's important not to forget that we must have an emergency fund and continue to add to it so that the emergency fund grows larger. Because many long-term BTC investments fail due to the lack of an emergency fund, forcing people to sell their BTC for sudden needs.

[GoldBitcoin112]

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?

While to me my contribution on this topic Op I will say it depends when you actually buy the coins and which of the crypto you buy the coins that it shouldn't deappreciate ,no cryptocurrency that doesn't go down while trading ,but it depends on you when you buy and the appropriate time you actually want to see it

[Showlove01]

They are already familiar with this, so they also don't feel pressured anymore when a price drop like this occurs, because this isn't the first time they've experienced something like this, except for those who are just starting out with a drastic price drop like this, which forces them to think about it to avoid jumping to unnecessary conclusions.

Because sometimes the price drop can cause their confidence to decrease so they don't buy Bitcoin anymore, that's one of the wrong ideas, even though they need to know that when the price is like that, they are required to buy Bitcoin, because with the price drop, this is certainly an opportunity for those who want to invest so that when the price rises again, this will create big profits for those who have just started investing in Bitcoin.

Everyone feels something when a significant price drop occurs, There's at least a little panic or worry about seeing the asset decline, However it's not excessive because I'm sure we all believe that Bitcoin's price will recover, no matter when.
So now we just need to focus on continuing to accumulate Bitcoin using the DCA method. I think there's a slight advantage to accumulating larger amounts than usual For some investors who are aggressive during sharp declines, there's also no harm.

Sure there is always a feeling and I'm very much sure that the way an investor feel is entirely different from the way a trader feel in situation like this. Investors will be happy especially those who were using the DCA method and was also setting up things for a moment like this while traders or short term investors will be so disappointed at the moment because their plans and expectations has been ruined and it usual is a thing that always happens to traders and will continue to happen unless turn away from the mindset of making profit in a short period of time.