Afraid to buy Bitcoin in its bearish state?

naira

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Quote from: eaLiTy on May 07, 2022, 02:55:14 PM

Quote from: naira on May 07, 2022, 02:21:40 PM

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Did you know that the speculation about the price going down is nothing but a design or plan of the whales to influence the mentality of the traders to sell and under, then they are ready to welcome the low price? What if this scheme was deliberately designed by a pope who still wants to get a big bonus. Nothing is impossible, right?

It is not always the truth, we are not the same market we once were a few years back. Now majority of the global economic situation is affecting the cryptocurrency market as well which means the big investors are institutional investors who also invest in other financial markets and when there is a negative news they will hedge one against the other and hence we saw a major correction in the past two days.

Everything can happen in the cryptocurrency market even in almost any investment alternative. Negative news as well as a widespread sentiment as a result of the information obtained have influenced traders to respond quickly. no wonder in the cycle of real-time market sentiment price movements provide a significant response. That means there is always a party that benefits.

eaLiTy

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Quote from: naira on May 07, 2022, 02:21:40 PM

~
Did you know that the speculation about the price going down is nothing but a design or plan of the whales to influence the mentality of the traders to sell and under, then they are ready to welcome the low price? What if this scheme was deliberately designed by a pope who still wants to get a big bonus. Nothing is impossible, right?

It is not always the truth, we are not the same market we once were a few years back. Now majority of the global economic situation is affecting the cryptocurrency market as well which means the big investors are institutional investors who also invest in other financial markets and when there is a negative news they will hedge one against the other and hence we saw a major correction in the past two days.

naira

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Quote from: YinShuiSiYuan on May 07, 2022, 01:30:04 PM

Quote from: nurilham on May 06, 2022, 07:54:51 PM

You are right, Bearish is a shopping time to add more BTC to our wallets.
People who are afraid to buy in the bearish season, mustn't understand how BTC price works. Those who understand it, should prepare their money right now, to wait for the dip for buying a lot. But don't hurry to buy, we are just entering the bearish season, better to wait for the dippest price to buy. I think it may be in Q4 2022, or Q1 2023.

Bearish time is best time to buy and Whales along with wise investors take advantage of this and fill up there wallets while other just keep on predicting that bitcoin will fall back to zero. Right now people are speculating that bitcoin will fall to as low as 21k$. IMO, just grab as much btc as you can right now.

Did you know that the speculation about the price going down is nothing but a design or plan of the whales to influence the mentality of the traders to sell and under, then they are ready to welcome the low price? What if this scheme was deliberately designed by a pope who still wants to get a big bonus. Nothing is impossible, right?

asus09

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Quote from: YinShuiSiYuan on May 07, 2022, 01:30:04 PM

Quote from: nurilham on May 06, 2022, 07:54:51 PM

You are right, Bearish is a shopping time to add more BTC to our wallets.
People who are afraid to buy in the bearish season, mustn't understand how BTC price works. Those who understand it, should prepare their money right now, to wait for the dip for buying a lot. But don't hurry to buy, we are just entering the bearish season, better to wait for the dippest price to buy. I think it may be in Q4 2022, or Q1 2023.

Bearish time is best time to buy and Whales along with wise investors take advantage of this and fill up there wallets while other just keep on predicting that bitcoin will fall back to zero. Right now people are speculating that bitcoin will fall to as low as 21k$. IMO, just grab as much btc as you can right now.

I totally agree with your opinion, bears time is the right time for us to buy bitcoin, if we don't take advantage of the opportunities that exist, we certainly will no longer have time to experience holding bitcoin, because it is certain that when the price goes up people like me it will not be possible to buy, because the money I have is not enough.

YinShuiSiYuan

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Quote from: nurilham on May 06, 2022, 07:54:51 PM

You are right, Bearish is a shopping time to add more BTC to our wallets.
People who are afraid to buy in the bearish season, mustn't understand how BTC price works. Those who understand it, should prepare their money right now, to wait for the dip for buying a lot. But don't hurry to buy, we are just entering the bearish season, better to wait for the dippest price to buy. I think it may be in Q4 2022, or Q1 2023.

Bearish time is best time to buy and Whales along with wise investors take advantage of this and fill up there wallets while other just keep on predicting that bitcoin will fall back to zero. Right now people are speculating that bitcoin will fall to as low as 21k$. IMO, just grab as much btc as you can right now.

jaberwock

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Quote from: savetheFORUM on May 05, 2022, 02:50:19 AM

Quote from: bitcrystal on May 03, 2022, 07:08:51 PM

there is nothing to be afraid of as long as you are a bitcoin enthusiast, investor, long term hodler. bearish times are the best for you to buy, you buy at different zones with DCA technique. you can never get the exact bottom so buying early and at ever lower low no matter how small, you are in for good profits anytime the market structures changes to the upside.

This is just me Grin

I have so gotten to that stage where I no longer care about the price of bitcoin. So, I have two jobs that I do, and at the end of the month when I receive my salary, I just take one of the salaries and put it entirely into bitcoin without minding what the price is, I started doing it this year and so far I have been able to gather so many bitcoins and I’m so happy about that.

So, the price is the least thing now for me to worry about. I will also advise others to do the same, if you have the money, just keep investing, one day you will surely be happy that you did.

This is EXACTY what I do. It is cool to finally see someone that approaches crypto the way I do. I have been in crypto for many years now, and it has worked out so well for me. I have to say I do not have two jobs though, but I put nearly half of my salary into crypto every month so the logic is exactly the same.

I try to do more but sometimes I fail because I have so much debt around me that I have to pay, at least that’s how I feel about it. Like if I have my own debt then I pay it of course, but it has been paid a lot before, then paid my wife’s of course, but then I did to my mother in law, now doing for my own mother. So, it has bene hard to put much into bitcoin for the past year or so.

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Quote from: Oilacris on May 06, 2022, 06:46:50 PM

Quote from: Issa56 on May 06, 2022, 06:23:27 PM

Quote from: Wakate on May 04, 2022, 07:13:38 PM

Any person that is afraid to buy Bitcoin in this bear market will always make mistake at the end of the bear market. This is the best time to accumulate more Bitcoin so you can always relax and wait for the market to go bullish before sell them. Some investors are already in losses now because they bought at the top and now that the market is bear, they have no option than to wait for the market to go bull before selling or sell at huge loses. Buying Bitcoin requires strategy to know right time to buy.

No matter how bitcoin dumps, some people will still be scared to buy bitcoin and when the market bounce back they will endup regretting why they didn't buy when the market was down. The best time to buy bitcoin is when the market is down and wait for the market to bounce back then sell. If you are not ready to hold your coin when the market is down then you are not ready to make money.

For people who are;

Experience -- Seeing these things to be the best time to buy cheap coins
New -- They would easily freak out and panic sell to avoid further loss

New ones would become experienced ones once they do really able to get the idea on how this market behaves.
It is really normal to commit out these very common mistakes but on next time you would really be that aware.

Fact!
You would buy and see opportunity basing on your experience level and as pointed out that you would really be hesitant when you are just new and see other way around if you are been here for a while.
Actions would really be basing up with your skill level and we know that not all are really that old on dealing with this market.
Bears and Bulls is always been a common scenario on which you should really be that mindful on making out immediate steps according to your own analysis.

nurilham

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Quote from: Fundamentals Of on May 02, 2022, 10:48:51 PM

Buying is always best done during the most bearish of states and selling during the most bullish of states. Bear season is actually buying season. So instead of being fearful, people should be stoked that they are given an opportunity to buy low, to buy Bitcoin at a discounted price.

You are right, Bearish is a shopping time to add more BTC to our wallets.
People who are afraid to buy in the bearish season, mustn't understand how BTC price works. Those who understand it, should prepare their money right now, to wait for the dip for buying a lot. But don't hurry to buy, we are just entering the bearish season, better to wait for the dippest price to buy. I think it may be in Q4 2022, or Q1 2023.

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Even the experienced users have some fear in mind about investing when the market is bearish. This is not because the price have crashed, but about the time period for the next bullish move. For this reason most of the time users prefer when the market turns bullish from the bearish point. This can be identified only by the experienced users who are long in the market making very close observation about the movements and recording the incidence connective to the growth/decline.

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Quote from: Issa56 on May 06, 2022, 06:23:27 PM

Quote from: Wakate on May 04, 2022, 07:13:38 PM

Any person that is afraid to buy Bitcoin in this bear market will always make mistake at the end of the bear market. This is the best time to accumulate more Bitcoin so you can always relax and wait for the market to go bullish before sell them. Some investors are already in losses now because they bought at the top and now that the market is bear, they have no option than to wait for the market to go bull before selling or sell at huge loses. Buying Bitcoin requires strategy to know right time to buy.

No matter how bitcoin dumps, some people will still be scared to buy bitcoin and when the market bounce back they will endup regretting why they didn't buy when the market was down. The best time to buy bitcoin is when the market is down and wait for the market to bounce back then sell. If you are not ready to hold your coin when the market is down then you are not ready to make money.

For people who are;

Experience -- Seeing these things to be the best time to buy cheap coins
New -- They would easily freak out and panic sell to avoid further loss

New ones would become experienced ones once they do really able to get the idea on how this market behaves.
It is really normal to commit out these very common mistakes but on next time you would really be that aware.

Slow death

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A few days ago I kept asking myself: " what must be going through the minds of people who bought in the $40,000 thinking that the price was too low and that it would go up? " they must probably be sad and regretful. It should not be thought that with every fall we have to go out buying because the price will soon rise, that's not how things work, everyone is already feeling the consequences of the war in Ukraine, the markets are going bad, and with bitcoin the things wouldn't be different, when there's a crisis people sell their assets to keep money to pay daily expenses, at least that's what poor people like me or middle class do. As long as this war continues I doubt we will see big increases in the price of bitcoin and in this $35000 zone where we are, it is more likely to drop to $30,000 than to go up a lot

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Quote from: Wakate on May 04, 2022, 07:13:38 PM

Any person that is afraid to buy Bitcoin in this bear market will always make mistake at the end of the bear market. This is the best time to accumulate more Bitcoin so you can always relax and wait for the market to go bullish before sell them. Some investors are already in losses now because they bought at the top and now that the market is bear, they have no option than to wait for the market to go bull before selling or sell at huge loses. Buying Bitcoin requires strategy to know right time to buy.

No matter how bitcoin dumps, some people will still be scared to buy bitcoin and when the market bounce back they will endup regretting why they didn't buy when the market was down. The best time to buy bitcoin is when the market is down and wait for the market to bounce back then sell. If you are not ready to hold your coin when the market is down then you are not ready to make money.

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Quote from: AjithBtc on May 04, 2022, 06:32:32 PM

It is the common man's mentality to get into fear whenever the market turns bearish. In today's match it is all about the profit making, just hold and sell at the right ocassion. If not holding will then bring in profit. Compared to the past years, the panic waves among the common people have decreased. The correction then happens through the market fluctuation. So, if there is no need of selling then just hold it.

This apply to weak holders and has little knowledge about the Bitcoin market cycle, but people who had studied the market are happy to accumulate during the bear market because they have hope that their investment during the bear market will turn out profitable once the market become bullish.

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Quote from: AjithBtc on May 04, 2022, 06:32:32 PM

It is the common man's mentality to get into fear whenever the market turns bearish. In today's match it is all about the profit making, just hold and sell at the right ocassion. If not holding will then bring in profit. Compared to the past years, the panic waves among the common people have decreased. The correction then happens through the market fluctuation. So, if there is no need of selling then just hold it.

Yes, fear exists in each of us. A lot of people have told me that they are sorry the bitcoin price is at 60k and they will buy them if bitcoin drops to 40k again but when the market falls deeply they start to feel fear, fear bitcoin will continue to fall or the market will go to zero. They don't know that bitcoin is a long term investment, just buy and hold for long time it will generate profit for them. Don't worry too much about short-term volatility

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Quote from: TheGhostMan on May 02, 2022, 10:27:40 PM

Quote

There is no way of knowing what will trigger a Bitcoin bull run, but a Glassnode report on April 18 has spotted “a large amount of coin supply” hovering between $38,000 and $45,000. For traders who believe that BTC will hit $50,000 in July, there is a low-risk options strategy that can be used to launch a long bullish bet.

It is understandable that people tend to follow the most active entities in the world of Trading since having experience in this area people place their trust in them, Bitcoin is a cryptocurrency full of possibilities, that is why it is so volatile that it's up today. and low tomorrow, but many investors usually see the movements of these and could even predict the future of this (not entirely true but they are close). What I mean by this? Basically this cryptocurrency is not going through its best moment since it is even said that it will oscillate between $25k, this is where I highlight my comment “Bitcoin is a cryptocurrency full of possibilities” since for some investors this will be the key point and the moment exact to invest in this and see it as a long-term investment since it will have to rise due to its volatility and good profits will be generated, it is a matter of time for this to happen. Don't you think it's a good way to take advantage of the bearish state of said cryptocurrency?
Information extracted from:https://es.cointelegraph.com/news/afraid-to-buy-the-dip-bitcoin-options-provide-a-safer-way-to-go-long-from-38k

I think this is a normal market tendency people are afraid to buy bitcoin in these bearish times when it is actually an intelligent thing to buy bitcoin and hold it while they would stupidly expend all their money to buy bitcoin when it is at or around the all-time high. This is the main reason why most of the investors lose a lot of money. They will always tend to buy at the times you should sell and sell at the time anyone would buy. To be honest, instead of going in with options as a beginner I would recommend just to average out your holding and building a portfolio by dollar-cost averaging good coins.

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Quote from: noormcs5 on May 06, 2022, 01:53:06 PM

I am sorry to tell that if someone is not willing to buy bitcoin when bitcoin is dumping then when will he buy ? These are the best times when one can buy bitcoin or at least do a dollar cost average. If anyone is looking for more lower prices then they are taking the risk that if the prices never reach to the desired low level. When there is a fear in the market that's the best time to buy bitcoins.

Maybe in this case, he thinks that he is still too afraid to buy because this usually happens because he has bought before but has to enter the abyss because the price keeps dropping or he is still doubtful because the price is like this.
But whatever the reason it is true what you say. because basically we certainly know the concept of buying at a low price and selling when it is expensive and this should be maximized and not the time to panic.

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Quote from: stepwilli on May 06, 2022, 01:02:10 PM

The market has kind of been going down as of recent, it is now at $37,000 when I checked. And there have even been predictions that the market would drop as low at $30,000, this is the same way that there are also those who are predicting bullish run of $100k, just the same way that you two have done.

But, none of us are really sure about what would happen in the future, the only thing that most of us are believing in is the fact that within next two or three years there would be a bull stage, which is after the halving , but As for what would happen in the nearest future before this year runs out, we actually can't tell.

I am sorry to tell that if someone is not willing to buy bitcoin when bitcoin is dumping then when will he buy ? These are the best times when one can buy bitcoin or at least do a dollar cost average. If anyone is looking for more lower prices then they are taking the risk that if the prices never reach to the desired low level. When there is a fear in the market that's the best time to buy bitcoins.

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The market has kind of been going down as of recent, it is now at $37,000 when I checked. And there have even been predictions that the market would drop as low at $30,000, this is the same way that there are also those who are predicting bullish run of $100k, just the same way that you two have done.

But, none of us are really sure about what would happen in the future, the only thing that most of us are believing in is the fact that within next two or three years there would be a bull stage, which is after the halving , but As for what would happen in the nearest future before this year runs out, we actually can't tell.

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Quote from: lablab03 on May 03, 2022, 03:54:46 AM

Bitcoin is full of possibilities and i agree, but you should now as well and knowledgeable enough how it really works. Coz if you don't know how to determine those possibilities and you are lack of knowledge, of course there's no way you can get an opportunity from it. And it's a big mistakes to buy in any situation of bitcoin in the market coz for sure you will end up losses always.

So much better to learn first until yiu gained enough knowledge so that you know what to do in any situation.

I agree that learning more and more about bitcoin is the key to success in the crypto world, you won't really get anything done and make any profits until you learn all you have to learn. I mean it's obvious from the get go that if you do not know what you are doing then there is a chance that someone could influence you and make you buy something that you shouldn't and convincing you would be easier than a veteran because they know what to look at whereas a newbie wouldn't.

This is why you should be studying and learning as much as possible, and be ready for all the possibilities as well. It is definitely a great way of protecting your investment.

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Quote from: Anguwa on May 05, 2022, 09:04:22 AM

Buying BTC is dependent on the buyer; for example, I can purchase BTC whenever I am able to do so, but it is still advantageous to take advantage of the bear market because you can expect a very big profit after the market has stabilized. People that believe in Bitcoin can buy at any time without worry because they believe that even if the market falls, it will return over time. So, before you buy, think carefully and make a decision.

For those who are afraid to buy bitcoin in bear season, I don't think they have enough knowledge about bitcoin. the current situation should be used as well as possible to find a buy area, although buying bitcoins can be done at any time. after that they will regret having missed the precious moment to buy bitcoin when the price has soared. That kind of mentality that prevents us from achieving our goals, because we only want shortcuts

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