JeffBrad12
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April 19, 2024, 10:55:32 AM |
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to be honest I think el salvador has been making quite the profit already right now so its no wonder that they are so keen in investing in bitcoin much more if bitcoin happens to hit $100k they are winning big time, those money can be used for so many thing including improving infrastructure and so on. personally I also doing the same but i still have my share of doubts I mean of course buying the dip will also entail the doubt that the market might not recover but with halving just around the corner im pretty optimistic. i probably will wait until people are selling when the halving occur if that truly happen then add some more investment into crypto with the left over money that I have since i have been full invested in crypto and stock this year. just hoping to make some good fortune in the future. if bitcoin somehow could reach $100k then I guess thats gonna be the best for most of us here. the market itself still going strong though despite the dips but people are buying, I think its pretty obvious in the future that the market will just keep growing. just hope that the war going on will not affect crypto heavily, hope all things got settled and all peace for us.
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el kaka22
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April 19, 2024, 03:48:43 PM |
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I do agree that they are making the right move, it's clear that we are seeing them doing much better, I understand that we are going to end up with a lot more trouble if we do not buy right now because it is going to keep going up and higher, and that means people who take advantage of this situation, will end up making more money.
I believe that people who sell right now will end up regretting their decision and it is not going to be acceptable neither, it is going to be a lot of money gone for them. This is why I believe that the best thing to do right now would be making sure that they are doing a little bit better. I hope that we could see the situation changing and people could end up buying more during this period once again.
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$crypto$
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April 19, 2024, 04:35:47 PM |
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Buy Bitcoin while there is a chance because there are still many people who ignore instructions like this thinking the price has dropped or they think $63K is high so it's all wrong if they are in a dilemma with their own situation.
Take the example of some previous investors who took advantage of Dip to buy bitcoin, then they were convinced that someday it would go up, so it is clear that we are optimistic about bitcoin after halving will definitely increase in price, from many opportunities that is what is unfortunate for them.
If I will continue to buy Dip or even the DCA method
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LogitechMouse
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April 19, 2024, 05:02:35 PM |
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~ what are your thoughts on this Anon ?
Do you think only El Salvador is the one who's taking advantage of this dip? There are some average investors out there who is also buying small amounts of Bitcoin aside from them. I'm also buying Bitcoins for the upcoming bull run (if it happens ). I always say this that every dip = opportunity for us to buy Bitcoin and other altcoins at a much lower price. Instead of joining those newbie investors at buying at the top, why not be patient and just wait for a dip then buy during the dip. I can't think of any other reason why people are still buying at the top aside from the fact that they're getting FOMOed. Well, the halving event is just hours away and trust me, the event will happen like nothing happened. Probably many will talk about it in this forum and in Altcointalk but price wise, there's no immediate effect on it's price. Bitcoin's price will remain as usual, and the only time that we will experience the effect of the halving is maybe a few months to a year after the event.
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Oneandpure
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April 19, 2024, 06:36:09 PM |
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The original concept in trading is to buy at low and sell at high, which is what El Salvador is doing now. I do not know what the long-term benefit of holding Bitcoin will be to that country as it is still in its initial days. They are the only country in the world trying to improve their economic condition by holding Bitcoin and declaring it as one of their legal tender. A country's economy function on various factors and becoming completely dependent on Bitcoin might not be a good idea.
Its original concept or trading as short term target buying on lower price and selling later at higher price, difference with El Savador concept in trading as long term target and keep active purchasing bitcoin however on higher or lower price without any planning in the future for selling their bitcoin assets investment although bitcoin raised new higher price. Seems get stable economy condition I think reason why El Savador not adopt with original concept of trading by buying on lower price and selling after raising at higher price. I think keep buying dip and always waiting more dip if you have stable financial condition, its not matter how many time bitcoin raise dip price but keep purchase as great opportunity invest in bitcoin at lower price.
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batang_bitcoin
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April 20, 2024, 12:19:42 PM |
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I think keep buying dip and always waiting more dip if you have stable financial condition, its not matter how many time bitcoin raise dip price but keep purchase as great opportunity invest in bitcoin at lower price.
Yes, the availability of one to purchase continuously and stably is what everyone should consider. And don't take it for granted when the dip comes because no matter how bullish we are, there will be a lot of times that the market will go through some dips. Don't you miss those times that you'll not buy at those dips because if your goal is to buy during the dips and you're not doing anything, you're not following the plan that you've already set on your mind.
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Rent this sig space so that BTC goes to $100k.
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Mpamaegbu
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April 20, 2024, 05:49:15 PM |
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El Salvador is acquiring more Bitcoin by cashing in on the dip while the faint hearted are scared and selling off. Every dip now should be an opportunity for accumulation but only those with experience will understand this and utilize that space. The inexperienced will think buying Bitcoin as it dips is catching a falling knife. No, it's not. Before a major lift to the ceiling (Resistance), there's always that stoop to the floor to gather Support for the upward jump. That's what price does in trading.
Now that halving has taken place today, l want to believe there's going to be another round of dip before the ultimate spike we've all been waiting for to usher in the ATH for this circle.
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Shamm
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April 20, 2024, 07:04:44 PM |
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While you are scared, El Salvador keeps buying the dip every day.
it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency. anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too
what are your thoughts on this Anon ?
Well, good for them I suppose. Currently, I still prefer buying altcoins. That's a dip, but it doesn't feel like BTC is cheap now, when I was buying it below $20,000 last year. I'm not saying that it's a bad idea to buy it now, but I chose another path. sometimes buying an altcoin is good enough to have a profit and also the best thing to do is that when we gonna buy some altcoins then we must get the best timing such us when the price is too low then we got a hit to buy but just preferred those altcoins that are trusted enough cause nowadays there are any project that end up Lossing. So it's better to be wise and secure so research is a must in the world of altcoins. Cause it will highly volatile without 100% assurances that we hot a profits.
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vs2014
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April 20, 2024, 07:25:09 PM |
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It was a really smart investment and I want to go deeper now that bitcoin suddenly dumped and many altcoins fell in price. So at this time bitcoin plus altcoins can be considered as the best golden opportunity in the crypto market. You can swing either way if you want and that's the kind of opportunity that all investors look forward to. One can buy Bitcoin now because the market is already down so you should take advantage of the current dumping.
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kentrolla
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April 20, 2024, 07:48:09 PM |
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Not only El Salvador but all the other institutions as well as individual investors who have understood how the crypto market works have been on buying spree and it's just the noobs who have been selling their hodlings out of panic. I have personally invested in few Altcoins during this dip including Solana and already in profit. It's time to accumulate silently instead of regretting later.
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bluebit25
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April 20, 2024, 08:07:51 PM |
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Yep, we always have special cases to talk about, only when things turn out in a way that the crowd does not want will they be less judgmental about the actions of others. El Salvador was true to their goals, and they truly deserved their faith and actions in the face of laughter from those who saw them lose money during their bitcoin investments.
Not everyone can do the process of buying and holding for a long time, so this market always has stories that give us great inspiration about the strategies they have followed.
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Rengga Jati
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April 20, 2024, 08:19:13 PM |
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While you are scared, El Salvador keeps buying the dip every day. Honestly and personally, I'm not scared by this condition. Because this is the phase we have to face so far. We have successfully gone through the dark period of the bearish market since 2022. And it is even worse than last season's bullish transition to bearish era, which was truly and significantly sudden. So, that's not surprising or disturbing enough. It's just that what makes me quite annoyed is that I ran out of free money or fiat when the market was dropping recently, so I couldn't take advantage of this opportunity to increase my accumulated investment assets, especially for Bitcoin and several top altcoins, that's really something I really regret. But what can I do, it can't all be forced.
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nurilham
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April 20, 2024, 09:51:01 PM |
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It was a really smart investment and I want to go deeper now that bitcoin suddenly dumped and many altcoins fell in price. So at this time bitcoin plus altcoins can be considered as the best golden opportunity in the crypto market. You can swing either way if you want and that's the kind of opportunity that all investors look forward to. One can buy Bitcoin now because the market is already down so you should take advantage of the current dumping.
If you checked the current market trend, Bitcoin looks increasing gradually because of the good news of halving. The Bitcoin prise increased to $65k today, it was $60k few days ago. If you want to buy at cheap price, you have missed it. You should buy it when the price was around $60k. Although investing in Bitcoin is a smart idea, it is basically a high risk investment. We must always be careful to invest in Bitcoin or altcoins. It is not a recommended investment for someone who has no knowledge about crypto and Bitcon itself. Even many people succeed in Bitcoin investment, there is no gurantee that we also will be successful, too.
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lalabotax
Full Member
Offline
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
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April 20, 2024, 09:59:17 PM |
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I do agree that they are making the right move, it's clear that we are seeing them doing much better, I understand that we are going to end up with a lot more trouble if we do not buy right now because it is going to keep going up and higher, and that means people who take advantage of this situation, will end up making more money.
Even though in the past, it was quite controversial and became a topic of discussion and debate for many parties, but now the situation has become quite reversed. The soaring price of BTC was enough to make various parties feel aware of the right decision at that time. Even though it is currently experiencing a decline, at least it is much higher than last season. So, in essence, investing in Bitcoin, if you understand the right time, will always have sweet fruit. I personally am very aware of this, that's why we always try to do it as optimally as possible, increasing accumulated assets if we can.
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synchronym
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April 21, 2024, 05:59:18 AM |
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Right now Bitcoin is a golden opportunity. El Salvador is making full use of this opportunity, you will see that they have achieved great things in the future. Those who buy bitcoins now and hold them for a long time can grow their wealth by 3X or 4X in the future. The country of El Salvador will advance much in terms of economy in the future. Because they already own enough bitcoins and in the future when the price of bitcoins skyrocket they will be much bigger financially. You can invest now if you want. Investing in Bitcoin right now means your future is bright.
You are right if you buy bitcoins at any time even if the bitcoin market fluctuates we can still profit by buying bitcoins. Especially those who bought Bitcoin towards the end of 2023 have benefited greatly. Of course, we have to be patient when it comes to Bitcoin investment. Many times it is seen that many big investors also lose patience, so we should not lose patience. If we can check the market and invest patiently, we can definitely change our life through Bitcoin investment. In the case of Bitcoin, if we can invest patiently with a long-term plan and check the market, we will surely get success through its investment.
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Bushdark
Sr. Member
Offline
Activity: 994
Merit: 262
Social media moderator/chatter
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April 21, 2024, 09:21:46 AM |
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Buying the dip can be very profitable for us especially when we know what project is going to give us good earnings while we hold. Crypto market is full of opportunities that is going to benefit us from the market. The only way we could make money in the market is when we put on our in strong project that is quite profitable for us. People are making money from this dip and we need to be wise so that we don't finally lose money due to greed of not listening to advise or observing the market very well.
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Essential10
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April 21, 2024, 09:47:11 AM |
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Right now Bitcoin is a golden opportunity. El Salvador is making full use of this opportunity, you will see that they have achieved great things in the future. Those who buy bitcoins now and hold them for a long time can grow their wealth by 3X or 4X in the future. The country of El Salvador will advance much in terms of economy in the future. Because they already own enough bitcoins and in the future when the price of bitcoins skyrocket they will be much bigger financially. You can invest now if you want. Investing in Bitcoin right now means your future is bright.
Yes, given the current position of Bitcoin, it seems that El Salvador has indeed taken a bold step towards Bitcoin. I think it's only a matter of time for Bitcoin to grow 3x, 4x from its current price. It's hard to say what the future holds for a virtual currency, but I don't think it's going to have any effect on its current popularity. It is not only if the country has Bitcoin that it will improve financially, but if the price of Bitcoin suddenly goes down, then their economy will go down in an instant. But I expect Bitcoin to enter new highs in the coming days, those who hold Bitcoin investments patiently will benefit.
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AVE5
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April 21, 2024, 09:57:20 AM |
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Let's take take as privilege advantage of a society accepting bitcoin and Cryptocurrencies for official approved means of payments. Sonyoux can actually say that again that they're buying of the dip. I can't really say they're because your logical insights could just be as fact that they uses crypto coins for their transactions so, there's expected to be inflows and outflows of bitcoin and Cryptocurrencies in the region.
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yazher
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April 21, 2024, 10:11:06 AM |
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Since they have a rich president and well prosperous nation nowadays because of their successful war against gangs and drugs, they can easily do that and they are doing the right thing since they can actually manage to fund other important things in their country while at the same time, they buy some more bitcoins in the dip. They can afford to lose it all and they also believe that they gonna make a huge amount of money once bitcoins reach its maximum price or it reaches another amazing breaking-record ATH this halving season.
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oktana
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April 21, 2024, 10:33:57 AM |
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While you are scared, El Salvador keeps buying the dip every day.
it seems like El Salvador is taking advantage of the current market conditions and adding to their Bitcoin holdings. As of now, they own 5,700 Bitcoin, which is quite a significant amount. It's an interesting strategy and shows their confidence in the long-term potential of cryptocurrency. anyways for now i'm happy about the halving and will be celebrating it with the Halving carnival Bitget exchange is organizing, who knows if i can win some free bucks and buy bitcoin too
what are your thoughts on this Anon ?
There are no reason not to believe bitcoin and crypto currencies would keep rising like they always had been and keep breaking past All time high to create a new one. Specially when there are a large amount of coins frozen by institutional investors and a sharp growth in interest in crypto. I don't want to create a FOMO but in my opinion, you are going to lose a lot if you don't hold crypto in near future. If you don't have or want to increase your stock, the current dip could be the best time as we might never see this price again. I agree with you because with the rate of adoption and everyone getting a share of Bitcoin, it will someday be valued like rare metals from space. Imagine how many people we have on earth, imagine how adoption keeps happening and more people are buying bitcoin. But I’m not sure how it will turn out in the end in regard to Bitcoin being used as a currency, it would be definitely crazy if it happens that someday we can use say 0.00001 Bitcoin to buy a house.
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