VicManton
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May 04, 2024, 01:03:20 PM Last edit: May 04, 2024, 02:50:36 PM by VicManton |
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Well recently the market is in a bad mood. and I'm sure many of us are wondering why. While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.
As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.
I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
The market is not stable yet and you will need some long-term planning if you really want to make good profits. You may take a look at how BTC has behaved in the past after it first hit the 67k ATH and dangled for a while below it before breaking it again. I'm not saying that what must keep happening, but while you have your plans on ground, you should have some backups, that's how the OGs do it, so you may proceed with your event spree to you can earn or even look into those BTC farming programs exchanges like Bitget for example that do it often, I've done one before and I got some picks, so plan yourself well and be prepared for the rainy days.
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Altcoiner007
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May 04, 2024, 04:30:13 PM |
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Well recently the market is in a bad mood. and I'm sure many of us are wondering why. While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.
As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.
I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
The market is not stable yet and you will need some long-term planning if you really want to make good profits. You may take a look at how BTC has behaved in the past after it first hit the 67k ATH and dangled for a while below it before breaking it again. I'm not saying that what must keep happening, but while you have your plans on ground, you should have some backups, that's how the OGs do it, so you may proceed with your event spree to you can earn or even look into those BTC farming programs exchanges like Bitget for example that do it often, I've done one before and I got some picks, so plan yourself well and be prepared for the rainy days. Exactly my thoughts, really. I didn't expect BTC to dangle around 67-68k range for this long given its crazy run up before the halving. Right now, many investor's funds just lay in wallet. If one finds a good yield generating platform for an investor holding BTC or any of those promising tokens out there. I have the same opinion of giving it a shot!
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tsaroz
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May 04, 2024, 04:54:08 PM |
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I certainly took advantage of the last all. I knew for certain that this was a bear trap, not sure how low it could have gone but I knew for certain the recovery would be quick. I used the time to buy some meme coins and Solana. I also increased my litecoin holdings but I'm rethinking that position as the confidence in Litecoin is getting low. I wanted to invest more but my personal financial constrains limited my reach. I'm not sure if we would ever get such good prices on the promising coins. Yet I would not be regretting as much as last bull run.
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God bless u
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May 04, 2024, 05:19:04 PM |
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Well recently the market is in a bad mood. and I'm sure many of us are wondering why. While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.
As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.
I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
I'm also very much frustrated with these market conditions I mean what is the point to launch so many projects in the form of altcoins if all the projects are dependent on BTC. If BTc will perform well they'll go with the trend or vice versa. If the whole market depends on BTC then it's very easy for big investors to manipulate the market in the way they want and there is no sure and secure future for small investors.
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Zanab247
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May 05, 2024, 03:48:26 PM |
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Yes of course, I just acquired some Bitcoins today to my portfolio. This is an another opportunity to fill the wallet. But not everyone that is interested to invest before can invest now because they might not have enough funds to invest and family problems might not allow them to invest. But there is still time for people to invest. Let all those investors that are interested to invest now should save funds. The market is getting red everyday.
That is a good move, and it will help you to hodl your BTC comfortable during the bear run because the price has dumped to some level where buyers can visit the market to buy huge amount of BTC and hodl for long to earn well in the future. Anyone that have money in this new month, they will like to buy BTC from the market and hodl for bull run to come because it look like this $60k or $63k will be the Lowest before the bull run that will touch $100k will occur for hodlers to make more money. This bear season will not be the last season forever, and there will surely be another bear run that will make them to buy, if they can still save money to buy BTC because some people can give excuse for their failure.
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SeriouslyGiveaway
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May 06, 2024, 03:29:16 AM |
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Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
I think this is a very good time to buy more Bitcoin, Ethereum as well as potential Altcoins for the next bull cycle. There will not be many large corrections like recently during the uptrend period. Therefore, if we are not decisive enough and always fear that the price will continue to go down, we will probably have to buy at a higher price or miss out on the upcoming growth wave. People often rush to buy when the market is exciting and prices increase, but are afraid and hesitant when the market adjusts strongly. This is a common psychology of many newbies and causes them to always buy at the top and lose money. Investing is a long process that requires patience and determination, the same in this market. If we don't have a clear plan for buying when prices fall, we'll always keep chasing rising waves and selling at a loss because we're afraid of when the market corrects.
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AYOBA
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May 06, 2024, 11:11:11 AM |
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Many people's taking advantage of this red market because they're so many people's that have a plan to buy defference of coins, but since the price has been high all this time, they couldn't afford it. But since almost all of the altcoins are dumped now, they will take advantage and purchase any amount they wish so that when halving comes, they will not regret any more.
Especially for those who have an interest in purchasing bitcoin but, due to the DCA, they can't afford it, I think they will use this red market advantage and purchase according to their power. Now that the market is red, those who rushed to buy Bitcoin and some altcoin when it was in medium of high are now regretting how the market is going currently, but they should keep patience and also buy more coins for them to enjoy huge profits in the future.
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LogitechMouse
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May 06, 2024, 01:06:36 PM |
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~ Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
Every dip = opportunity. Always take note of that. That market correction is another opportunity for us to accumulate even more coins in preparation for the bull run. It's not a "PERFECT" opportunity, but at least we have given an opportunity to buy at a lower price. I'm pretty sure many took the opportunity to buy even more. I also took it. I have spare money at the time the market went down that's why I used that money to buy Bitcoin to increase my positions. This is another reason why I'm not following dollar-cost average or buying at a specific time because anytime, the market can go down. What I'm doing is that, yes I'm still buying Bitcoin at a monthly basis, but I'm waiting for the good opportunity to buy. I mean if I see the market went to a correction at the final week, my funds are always ready for me to buy some. Newbies sees red market as a negative one while those old ones sees red market as an opportunity. Those newbies in the long run will learn as well. I also see red market as a bad one when I'm still starting, but over time, I learned that red market is an opportunity.
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yazher
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May 06, 2024, 04:27:23 PM |
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There is no good investor that has the money to buy this current dip that won't take any advantage of it. The way I see it I believe the dip just got started. Actually, I was expecting bitcoin to drop to 45k when the halving started but it didn't. It took a week before we started seing this low price of bitcoin.
That's right since a bitcoin bull doesn't even happen after the bitcoin halving, it is expected to go up after a dip like this and so for the altcoins price as well. Investors are not the same when it comes to this scenario I think those who expect to see a bull run this year will panic and might sell their crypto at a lower price but those who know the game and have been here for a long time, knows that these kinds of situations are temporary, so to keep holding your bitcoins and other altcoins is a wise thing to do, you just need a sufficient amount of patience because negative news will follow such kinds of scenario in the crypto industry.
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OrangeII
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May 07, 2024, 05:18:47 AM |
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well, I think traders will try to profit from the current market conditions. Personally, I am currently analyzing several coins that I might buy to hold for the long term. However, the potential for price increases is still very possible. So, it is quite good to have some assets on coins that have the potential to have a high price.
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wxa7115
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May 07, 2024, 05:47:13 AM |
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There is no good investor that has the money to buy this current dip that won't take any advantage of it. The way I see it I believe the dip just got started. Actually, I was expecting bitcoin to drop to 45k when the halving started but it didn't. It took a week before we started seing this low price of bitcoin.
That's right since a bitcoin bull doesn't even happen after the bitcoin halving, it is expected to go up after a dip like this and so for the altcoins price as well. Investors are not the same when it comes to this scenario I think those who expect to see a bull run this year will panic and might sell their crypto at a lower price but those who know the game and have been here for a long time, knows that these kinds of situations are temporary, so to keep holding your bitcoins and other altcoins is a wise thing to do, you just need a sufficient amount of patience because negative news will follow such kinds of scenario in the crypto industry. It is even possible we could see a bigger correction than what we have seen already, in which case we need to have some cash lying around ready to be used to take advantage of such downward movements. However this can be difficult for some investors, as it is entirely possible they had invested already all the money they had, in which case the only thing they can do now is to wait for the market to slowly improve, so they can finally see the bull run we are all expecting.
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Tmoonz
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May 09, 2024, 07:35:02 PM |
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Well recently the market is in a bad mood. and I'm sure many of us are wondering why. While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.
As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.
I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
The market is full of so much uncertainty, even buying the dip might not be possible for some reasons and for some people many may not have make plans ahead of buying the dip financial while many may also panic about trying to time the market for more dip which may or may not come thereby causing missing of buying opportunities and there are also those who only make purchases only if the market seens to be in a bull run.
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Kristiyana
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May 09, 2024, 09:01:26 PM |
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Actually I think this is the right time to invest in bitcoin now that the value has reduced to this amount, I think the market is somehow cheap compared to when the value was very high. However I guess most people was very scared to invest in bitcoin when the value was very high , this is our opportunity to buy and hold for Long term investment. the question is that are we utilizing this opportunity? Although the market is really bad this time for me I'm not ready to buy not until I sell the once I'm holding.
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lalabotax
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May 09, 2024, 09:49:19 PM |
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I certainly took advantage of the last all. I knew for certain that this was a bear trap, not sure how low it could have gone but I knew for certain the recovery would be quick.
If you are holding again, this is actually a really good time to increase your Bitcoin accumulation. because the price is still at a pretty good figure. Indeed, the price of BTC dropped even further to $56k. and this was really painful, especially for the short term holders at that time, but when we saw how the market then moved up quite significantly, then we believed that Bitcoin would continue to improve. It's just that the precisely won't slip out of the bear trap. So, stay on your own track, continue doing accumulation, it's quite good and worth it for preparing for the bull run later. I am also doing so, but not really much based on my affordability.
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strunberg
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May 09, 2024, 11:37:36 PM |
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After the Bitcoin halving the price will fall in a few months but tends to stabilize. Usually this period is a good time to accumulate bitcoin or altcoins. You can invest in projects on your watchlist. Currently several projects that I think are promising, such as Manta, Hbar and Ondo, are in a bearish position. But I don't know how deep this bear trap is. Keep doing independent research.
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albon
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May 10, 2024, 02:13:05 AM |
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Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
Altcoins have witnessed significant declines in the previous periods, as there were some tokens that reached -30% in a single day, coinciding with the decline in the price of Bitcoin and many other reasons. It is worth noting that these declines that occur in the market are healthy corrections and represent a good and suitable opportunity to enter. It is not uncommon for investors to enter when the price is rising and in the bullish market. There are many solid alternative coins whose prices were heavily discounted alongside Bitcoin and Ethereum. Personally, I prefer to take advantage of any dip and rely on technical analysis, chart monitoring, and staying informed about current news to make informed decisions. I don't particularly appreciate focusing on just one or two coins; instead, I prefer diversifying among several attractive altcoins and allocating my USDT capital based on the strength of each coin. Stablecoins play an important role during the red market to bolster your holdings for sure.
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laijsica
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May 10, 2024, 05:02:19 AM |
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After the Bitcoin halving the price will fall in a few months but tends to stabilize. Usually this period is a good time to accumulate bitcoin or altcoins. You can invest in projects on your watchlist. Currently several projects that I think are promising, such as Manta, Hbar and Ondo, are in a bearish position. But I don't know how deep this bear trap is. Keep doing independent research.
Despite the risk of investing in the crypto market, some altcoins have maintained their reputation and continued to attract investment in the market. You may reconsider buying other altcoins during bitcoin dips because you know why take the high risk? There is no other cryptocurrency in the crypto market that is equal or close to Bitcoin. So I would say do more research on investment and decide your choice.
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shinratensei_
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May 10, 2024, 05:20:48 AM |
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Despite the risk of investing in the crypto market, some altcoins have maintained their reputation and continued to attract investment in the market. You may reconsider buying other altcoins during bitcoin dips because you know why take the high risk? There is no other cryptocurrency in the crypto market that is equal or close to Bitcoin. So I would say do more research on investment and decide your choice.
the altcoins are indeed quite often dipping and its quite sharp as well taking advantage of the price dips is giving us many advantages and benefits, i remember last price correction certain coin decreased in price by half of its initial value that must be a really good investment knowing that right now most of altcoin have been getting back again in their previous value. the thing with altcoin, volatility is so great its suitable for short term investment but never long term because you just don't know when these altcoin gonna lost its market cap I mean that's just how it is with speculation you will never know the reward that you might get but it does make sense to invest into a coin that dips quite significantly and later recovered back and it has been doing the same thing over and over again across the various price swings. personally coin like manta is good to invest but the unlocks of the vested coin is what i'm worried when investing into these new coins, the team could very well reserve tons of coins for themselves and ready to empty their bag at every chance whenever their coin is unlocked.
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Essential10
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May 10, 2024, 06:19:14 AM |
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Actually I think this is the right time to invest in bitcoin now that the value has reduced to this amount, I think the market is somehow cheap compared to when the value was very high. However I guess most people was very scared to invest in bitcoin when the value was very high , this is our opportunity to buy and hold for Long term investment. the question is that are we utilizing this opportunity? Although the market is really bad this time for me I'm not ready to buy not until I sell the once I'm holding.
The price hasn't dropped much, with Bitcoin hovering between $65k to $60k. Not long ago, it was down to $57k. It's just hard to say when Bitcoin's run will start, is going to start now, or could go down from now. Those who are waiting for the price of Bitcoin to fall further are basically afraid to buy Bitcoin at the current price. I think the current opportunity is a good opportunity if you are investing in weekly month contracts for long term bitcoin investment. As we have seen the top alt coins involved in the bitcoin price drop, if you want to take an extra chance from the top alt coins then it is a good investment decision for the long term as well.
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Stablexcoin
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May 10, 2024, 06:55:53 AM |
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Well recently the market is in a bad mood. and I'm sure many of us are wondering why. While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.
As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.
I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
The market is not stable yet and you will need some long-term planning if you really want to make good profits. You may take a look at how BTC has behaved in the past after it first hit the 67k ATH and dangled for a while below it before breaking it again. I'm not saying that what must keep happening, but while you have your plans on ground, you should have some backups, that's how the OGs do it, so you may proceed with your event spree to you can earn or even look into those BTC farming programs exchanges like Bitget for example that do it often, I've done one before and I got some picks, so plan yourself well and be prepared for the rainy days. It is not stable, which doesn't mean you should not buy at all. In as much as one is investing in Bitcoin it is also good to diversify and i guess that is what you mean here. Of course, it is not advisable to put all your eggs in one basket but if one has a good amount of Bitcoin it doesn't mean anything that he is doing the wrong thing. If i were filthy rich ill invest only in Bitcoin. Ill make sure i have about three different investment goals, and each of them i will be allocating weekly.
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