Nrcewker
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March 18, 2024, 03:25:33 PM |
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Yes, I have seen many people crying for these small fluctuations that happen in the price of the Bitcoins. They need to understand that these are very common. Not only they just cry, but also they complain that they miss the best time to buy the coins. But the reality is that when you are talking about Bitcoins, there is no perfect time to buy the coins. Whenever it’s possible just buy as many coins as you can and hold it for some time. You will definitely notice good profit.
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bangjoe
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March 18, 2024, 03:41:27 PM |
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While some short term goal investors are feeling disappointed in the Crytop currency market since few days now after the value of bitcoin has depreciated from $72,000 to $67,000 as at today, investors who're on the DCA purchasing method are taking chances of the fallen values to accumulate more to their holdings While there had been investors buying even when the value has surpasses the previous ATH because they believe that it's just a symbol that more values would be added to the market to appreciate their assets.
Who's it that says bitcoin has a specific period of purchasing it bitcoin? You should change that awkward thought and get your coins at when you can for bitcoin would always hold the best for you in the nearest future.
I'm sure the person who mentioned it is a smart person in investing in bitcoin, jayjuangge often reminds us of DCA even when the price of Bitcoin is below $20k, and the best momentum to buy bitcoin is when people are afraid to buy bitcoin like in bearish season and be afraid when many people have jumped into the market because people who are smart in investing will definitely see where he has to enter and where he has to get out of the market, unless your goal is to make it your retirement fund buddy. Then what about when people buy at peak prices like yesterday at $72k and then bitcoin drops to the $65k level, in my opinion that's the importance of DCA and that's where you have to add your Bitcoin for the bullrun later, because this is just the beginning for bitcoin to move massively, the 4-year cycle might be crazier than we ever imagined, because today institutions are also competing for bitcoin.
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mirakal
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March 18, 2024, 04:12:05 PM |
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Yes, I have seen many people crying for these small fluctuations that happen in the price of the Bitcoins. They need to understand that these are very common. Not only they just cry, but also they complain that they miss the best time to buy the coins. But the reality is that when you are talking about Bitcoins, there is no perfect time to buy the coins. Whenever it’s possible just buy as many coins as you can and hold it for some time. You will definitely notice good profit.
Obviously, those are newbies who rush to invest in bitcoin without studying first on how bitcoin’s fluctuation works. Now they are actually crying out loud, when in reality they should still be rejoicing since the market has given them another opportunity to buy more bitcoin at its quite cheaper price. However, when it comes to bitcoin, everyday is a good buy. That’s why we have DCA in order to accumulate more bitcoin at any given price. But the question is, are these newly investors are patient enough to understand bitcoin price fluctuation, otherwise they will only waste their funds and even lose them after panicking when the price suddenly drops to its dips, and they think selling is the only key so they can limit their losses.
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LogitechMouse
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March 18, 2024, 05:45:57 PM |
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While some short term goal investors are feeling disappointed in the Crytop currency market since few days now after the value of bitcoin has depreciated from $72,000 to $67,000 as at today, investors who're on the DCA purchasing method are taking chances of the fallen values to accumulate more to their holdings ~ Who's it that says bitcoin has a specific period of purchasing it bitcoin? You should change that awkward thought and get your coins at when you can for bitcoin would always hold the best for you in the nearest future.
In short, anytime is the best time to buy Bitcoin. Wait there's a time where it isn't recommended to buy Bitcoin. It's when we are in the peak of the bull market already. Excluding the bull market season, any time is a great time to accumulate more Bitcoin. The recent correction that we saw is another opportunity for us to buy more. I expect another market correction after the Bitcoin halving event, and I see it as another opportunity again. That might be the final opportunity that I will take as I will wait for my selling signals to happen. I'll be patiently waiting for Bitcoin to reach $100,000 then I'll sell at that point. DCA really is a good, and safe strategy for newbies. It has some drawback still because if you're doing pure DCA, there's a chance that you might buy Bitcoin at a higher price, but still if you're a newbie, this works. There's no specific period to buy Bitcoin because like I said, anytime aside from the bull market season is a good time to buy. The best period to buy though is when we are in a bear market season, and it usually happens right after the bull market. After selling, wait for the bear market to happen, buy at that time, and continue to accumulate again for the next bull run season. It takes time to get those profits, but if you don't know trading, that's probably the best way for you to make profits in crypto. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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YUriy1991
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March 19, 2024, 03:41:27 AM |
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Yes, I have seen many people crying for these small fluctuations that happen in the price of the Bitcoins. They need to understand that these are very common. Not only they just cry, but also they complain that they miss the best time to buy the coins. But the reality is that when you are talking about Bitcoins, there is no perfect time to buy the coins. Whenever it’s possible just buy as many coins as you can and hold it for some time. You will definitely notice good profit.
It is true and the most dominant thing in the market is volatility and price corrections which often occur and fluctuate quickly followed by significant price corrections. Although it sounds general about the best choice for investors, whether in BTC or others I think it will really depend on their own investment goals. Well, if we already believe and feel comfortable with Bitcoin as an asset, naturally it is not a significant obstacle and must continue to maintain it even though Bitcoin also has an element of volatility and will most likely not disappear in the near future, but in the long term, BTC maintains The real value apart from that is that Bitcoin trading is also global and in the future it will also become a global payment system to achieve success.
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kotajikikox
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March 19, 2024, 04:12:33 AM |
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Who's it that says bitcoin has a specific period of purchasing it bitcoin? You should change that awkward thought and get your coins at when you can for bitcoin would always hold the best for you in the nearest future.
Is there someone that says such? because what i see in this market over the years is that we can purchase anytime we wanted and any price we believe it is worth buying . maybe there are some stupid people that has this attitude in trying to fool someone to believe in their belief but they are very few from us who wanted that all needs to either use crypto or Hold completely.
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kentrolla
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March 19, 2024, 06:51:08 PM |
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I mean trading Bitcoin as well as holding Bitcoin and recently maybe for a year now have started doing DCA entrance me these methods give you more and more profit then trading also these methods reduces the stress level which you have to endure during the trading. Most of the traders are exhausted but they don't want to hodl for a long time I think if we diversify our methods like having a combination of all then we will be in profit under any market conditions.
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Smartvirus
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March 19, 2024, 07:02:24 PM |
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While some short term goal investors are feeling disappointed in the Crytop currency market since few days now after the value of bitcoin has depreciated from $72,000 to $67,000 as at today, investors who're on the DCA purchasing method are taking chances of the fallen values to accumulate more to their holdings While there had been investors buying even when the value has surpasses the previous ATH because they believe that it's just a symbol that more values would be added to the market to appreciate their assets.
The Bitcoin market isn’t by design a short term investment space. There is a reason why it isn’t regarded as a get reach quick scheme and that’s what short term investment is often about, you come in, wait for a pump and pull out then, you repeat. A few might be real successful at it but, just a handful of them whom might have gotten some level of mastery of the market and their strategy but, not without losses. The bad news is, majority of short term investors are new and inexperienced investors who just wants to take what they can and leave for sometime but what happens eventually is that, the market reaps them of what funds they brought in and their mentality towards Bitcoin investment as well. It becomes a change of perspective teaching moment which might be towards the positive as per, learning what the market is really about or a time to detach from Bitcoin and cryptocurrency entirely which would be on the negative.
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Obim34
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March 19, 2024, 07:36:24 PM |
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Who's it that says bitcoin has a specific period of purchasing it bitcoin? You should change that awkward thought and get your coins at when you can for bitcoin would always hold the best for you in the nearest future.
Is there someone that says such? because what i see in this market over the years is that we can purchase anytime we wanted and any price we believe it is worth buying . maybe there are some stupid people that has this attitude in trying to fool someone to believe in their belief but they are very few from us who wanted that all needs to either use crypto or Hold completely. Those who consider only the DIP as when to begin purchasing Bitcoin are those who are in for a quick profit withing a shorter time frame. Basically, Bitcoin investment requires a policy of long term holding than just quickly and often taking out profits at every price increase. I have seen a few people who only invest when the price begins to increase actually likely from a DIP, it is not a better approach but clearly shows no doubt that even if the price adds in value would not stop them from investing.
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Falconer
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March 19, 2024, 07:45:22 PM |
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Yes, I have seen many people crying for these small fluctuations that happen in the price of the Bitcoins. They need to understand that these are very common. Not only they just cry, but also they complain that they miss the best time to buy the coins. But the reality is that when you are talking about Bitcoins, there is no perfect time to buy the coins. Whenever it’s possible just buy as many coins as you can and hold it for some time. You will definitely notice good profit.
If everyone had a mindset like yours, then maybe they would get returns commensurate with the risks considered. The problem is, not everyone is as optimistic as you, some of them even hesitate to do it because they are afraid of losing money. Investing is a risky thing and everyone has their own risk tolerance so they will not do something exactly the same as others. It's true, there is no better time to buy than just taking advantage of every opportunity that is before your eyes. They can buy at any price, accumulate and build their investment portfolio, and wait for the right time to convert their profits.
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MFahad
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March 19, 2024, 07:57:33 PM |
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I mean trading Bitcoin as well as holding Bitcoin and recently maybe for a year now have started doing DCA entrance me these methods give you more and more profit then trading also these methods reduces the stress level which you have to endure during the trading. Most of the traders are exhausted but they don't want to hodl for a long time I think if we diversify our methods like having a combination of all then we will be in profit under any market conditions.
Investing and holding can be pretty profitable sometimes, especially if you make an investment at the ending phase of the bear market and then the bull run starts after a short while which means your investment starts to yield profits for you in a very short period which is great. However, you can't earn a lot, or any, profit if you invest in the bull run. On the other hand, if we talk about trading, trading can be profitable during both the bear market and the bull market because even in the bull run, there are certain times and points where the prices go down a little bit and then go up, and a trader can make use of such small dips to earn some profit.
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Troytech
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March 19, 2024, 08:00:13 PM |
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While some short term goal investors are feeling disappointed in the Crytop currency market since few days now after the value of bitcoin has depreciated from $72,000 to $67,000 as at today, investors who're on the DCA purchasing method are taking chances of the fallen values to accumulate more to their holdings While there had been investors buying even when the value has surpasses the previous ATH because they believe that it's just a symbol that more values would be added to the market to appreciate their assets.
Who's it that says bitcoin has a specific period of purchasing it bitcoin? You should change that awkward thought and get your coins at when you can for bitcoin would always hold the best for you in the nearest future.
I'll just highlight a few important stuff I liked from your message, using DCA purchasing method , this might as well be the highest point if the market and we could as well experience a mini bear market b4 the bull returns cause if people's hands continues to shake and the sell pressure increases the price could dip even further and right now using a lump sum to invest might be risky cause we don't know if this bear would consolidate further or we are well at the end of it, so making any decision out of the safety of DCA is a bad decision, but I know not everyone would agree to this so it's everyone's choice.
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Zanab247
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April 16, 2024, 03:18:36 PM |
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Are you trying to advise newbies to buy BTC at anytime, you forget that there are bull market and there are bear market which allow users to use their opportunity well to buy or sell in the market.
I know you can buy at anytime in the market, but if you are buying for profit making, try to buy in the bear market which is the best season to achieve your goal in the future, and you will not be afraid to always use the bear market to buy and sell in the bull market to remain in profit making.
The price of BTC is dumping from the market and, I guess this dumping will make the price to hit $20k low before the price will begin to change to pump higher to make people to feel the bull season that will lead to $100k soon.
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Sorryfor
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April 16, 2024, 05:57:50 PM |
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If one invests in Bitcoin at its current price, it can be said with full confidence that if one holds the invested money, one can definitely earn huge profits in the future. Bitcoin is currently worth $66k. Bitcoin's halving is only a day long and after that it will cut some of its original value and thus its value will go down a bit but at the end of the day the market will pump again and it will break all its past records and move upwards. So those who have invested in the past and will invest in the future will at the end of the day make enough profit in Bitcoin just to keep investing.
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justdimin
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April 20, 2024, 06:02:22 AM |
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Are you trying to advise newbies to buy BTC at anytime, you forget that there are bull market and there are bear market which allow users to use their opportunity well to buy or sell in the market.
Yes. Bulls and bears are already there and part of the market. You already state their use cases but when it comes investing methods, there is also what we called as DCA. It works by buying regularly disregarding the price of the coin or the status of the market. It forces us to buy immediately and eliminate regrets for not buying because we waited for a perfect dip and the price didn't dip even just a little. The price of BTC is dumping from the market and, I guess this dumping will make the price to hit $20k low before the price will begin to change to pump higher to make people to feel the bull season that will lead to $100k soon.
The price have dipped lately for some reasons but I don't think we will get to $20k just like that because we are still far away from it and don't forget the halving time is about to occur, which will going to help the price to recover and rise before we even get there. People already feel the bull this year despite of the dip that happened. People are already assuming for $100k even before but we might have more chance to see it this year.
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Yukyzu
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April 25, 2024, 05:47:26 AM |
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Are you trying to advise newbies to buy BTC at anytime, you forget that there are bull market and there are bear market which allow users to use their opportunity well to buy or sell in the market.
I know you can buy at anytime in the market, but if you are buying for profit making, try to buy in the bear market which is the best season to achieve your goal in the future, and you will not be afraid to always use the bear market to buy and sell in the bull market to remain in profit making.
The price of BTC is dumping from the market and, I guess this dumping will make the price to hit $20k low before the price will begin to change to pump higher to make people to feel the bull season that will lead to $100k soon.
I don't think it's good for beginners who are just starting to invest to listen to advice from other people about the investments they make if they don't have the slightest understanding about the investment, but if they have a good understanding of course they will be able to judge what other people's advice is. give them whether they can use it for investment or not. When we enter the market in bearish conditions, of course this will be able to provide profits from the investment and we must be able to collect with the capital we have and we must also be able to withstand the bullish market to be able to enjoy the profits.
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Cryptoprincess101
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April 25, 2024, 04:57:13 PM |
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I know you can buy at anytime in the market, but if you are buying for profit making, try to buy in the bear market which is the best season to achieve your goal in the future, and you will not be afraid to always use the bear market to buy and sell in the bull market to remain in profit making.
Saying that he should buy at bear season means he may end up not buying at all because the bear season may not come anytime soon and the more he keeps on waiting for a dip the more likely he may spend the money he wanted to invest with. All he needs do is just to Buy and Use the DCA then when a dip comes up he can buy more Bitcoins and add to his portfolio. Those who always wait for a dip are mostly people who are into trading because they are always after the short term profits. The price of BTC is dumping from the market and, I guess this dumping will make the price to hit $20k low before the price will begin to change to pump higher to make people to feel the bull season that will lead to $100k soon.
You sound contradictory here because basically when the market pumps some hodlers sell their coins and a dip occurs then those that are waiting for a dip buys at that material time and the price pumps again and when there is heavy inflow the price skyrocket further so with this chain reaction the market becomes so compouded during the bull run because new investors will be moving in to the market to make investments and within that period the price continues to surge higher therefore the bull has already occurred.
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kentrolla
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April 25, 2024, 06:55:11 PM |
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If one invests in Bitcoin at its current price, it can be said with full confidence that if one holds the invested money, one can definitely earn huge profits in the future. Bitcoin is currently worth $66k. Bitcoin's halving is only a day long and after that it will cut some of its original value and thus its value will go down a bit but at the end of the day the market will pump again and it will break all its past records and move upwards. So those who have invested in the past and will invest in the future will at the end of the day make enough profit in Bitcoin just to keep investing.
There are three type of investors the first one being those who always wait for the dip to invest in order to maximize the returns when the value pumps, second one are long term investors who don't care of price and go for long term which gives them guaranteed profit on longer run and then they don't bother checking the price everytime then we have third type and most effective kind of investment which is DCA. I think all of them can earn good and I prefer DCA as you don't feel pressure of bulk investment and market fluctuations and sometimes when you wait for dump the market rallies and you don't get chance to buy Bitcoin but DCA solves this issue as well. I think we all should do DCA to get the most out of it.
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aylabadia05
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April 25, 2024, 07:11:53 PM |
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Who's it that says bitcoin has a specific period of purchasing it bitcoin? You should change that awkward thought and get your coins at when you can for bitcoin would always hold the best for you in the nearest future.
Bitcoin is not just about price but Bitcoin value even though everyone who chooses to hold for the long term saves the goal of profit from returns when the price rises high. For investors who choose to use the DCA method, which is carried out regularly every time and aims for the long term, perhaps they don't care too much about the price because if you calculate the amount, in my opinion they are in a profitable position. For me personally, price doesn't really matter when it comes to getting Bitcoin to hold long term.
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Ndabagi01
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April 25, 2024, 08:11:31 PM |
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While some short term goal investors are feeling disappointed in the Crytop currency market since few days now after the value of bitcoin has depreciated from $72,000 to $67,000 as at today, investors who're on the DCA purchasing method are taking chances of the fallen values to accumulate more to their holdings While there had been investors buying even when the value has surpasses the previous ATH because they believe that it's just a symbol that more values would be added to the market to appreciate their assets.
This is not something new again in the crypto space and those that are taking full advantage of the dump are the smartest and wisest investors. They are the ones that have actually done their research and can foresee where bitcoin is headed, so taking this full advantage is for their own good. For those that DCA for a long time now, they should be in big profits by now but the bigger and better profits is still yet to come for them because the bull run has not yet began. Those that can continue DCA should continue until their target is reached and those that can’t DCA anymore should hold on to their investments, keep it safe and wait for the bull run where they’ll reap the benefits of their investments.
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