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Topic: Afraid to buy Bitcoin in its bearish state? - page 2. (Read 634 times)

sr. member
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The world is good.

I say you would feel safer wrapping it on a sidechain. I got my beer now.
member
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 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.
full member
Activity: 1512
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everyone has the intention to buy bitcoin when the price is low and when the price is cheap they are not sure to buy it because they want a cheap price again in their mind the price of bitcoin will definitely fall again and they wait for it mostly they don't have a target and so on and so on is the person I found near me.
I responded to a similar post yesterday https://bitcointalksearch.org/topic/m.60041831 how investors keep waiting for the unknown bottom and might miss out but if you DCA you will somehow catch some of the low prices as it falls but some investors don't understand this or just want to wait for the bottom which does not always know exactly and misses out. Again, I strongly believe until we change our mindset on Bitcoin investment and start seeing it as an actual investment which should be the more long-term most investors will lose.
hero member
Activity: 2870
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everyone has the intention to buy bitcoin when the price is low and when the price is cheap they are not sure to buy it because they want a cheap price again in their mind the price of bitcoin will definitely fall again and they wait for it mostly they don't have a target and so on and so on is the person I found near me.
That makes them not buy when the price drops deeply and keep waiting, hoping that the price can fall even further.
But in reality, the price could instantly reverse direction, and their hopes could not come true because they were too late to buy at the deepest price.
We experienced this many times and have had this experience many times but sadly, we remain motionless and place a purchase order.
In the end, we will regret not using the best moments.
full member
Activity: 1134
Merit: 140
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.
hero member
Activity: 2366
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Bitcoin = Financial freedom
Not only for Bitcoin, it applies to all the investments on assets because how can we reap the profits buy low and sell high so in bearish mode the price will be lower and with Bitcoin it is almost guaranteed that the value will recover and reach new heights so its good to take risk and invest the money you can afford to lose. If you afraid of losing money then no investment will be suitable for you.
sr. member
Activity: 2366
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It is indeed easier said than done but I don't think it is that hard to understand and somehow determine whether the price is cheap or not. They don't have to look for the bottom. It is impossible to hit it accurately. Right now for example, it is clear that Bitcoin's price is cheap. It doesn't mean it won't go any cheaper in the coming days but it is cheap and it is certain that the price would rise sooner or later. And of course hodl is indeed the way to go right after buying. The price may fall further but it will rise eventually.

If you are not sure how far price of bitcoin will go before jumping up then it's best go buy btc in chunks aka not buying btc at one price with all your capital. This gives you option to average you buying. 38k$ is a very safe bet if you can hodl for month or two. Price of bitcoin is fluctuating in between 35 to 45k$ for quite a while now.

It depends on how much you are investing. If you are investing with a couple hundreds of US dollars, then you better do the buying in a single transaction. Keep the Bitcoin in a safe wallet, forget about it, make and save more money, and return to looking at the charts for your next buying opportunity. It will cost you less.

Keeping your Bitcoin for a month or two is not hodling. Hodling your Bitcoin means you keep it for years.
full member
Activity: 1554
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everyone has the intention to buy bitcoin when the price is low and when the price is cheap they are not sure to buy it because they want a cheap price again in their mind the price of bitcoin will definitely fall again and they wait for it mostly they don't have a target and so on and so on is the person I found near me.
sr. member
Activity: 2506
Merit: 368
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.
I'm surprised there are still people who have that kind of mentality perhaps they aren't exposed to the market yet that's why they are afraid to buy during bear market. Bear market is your source to gain profit and why would someone won't buy during decline? Maybe they want a quick dip that would pump after they buy but that's not how things work in this market. They better buy those low price and HODL since Bitcoin is a good investment especially in the long run.
full member
Activity: 728
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I am sure that the things why they are afraid to buy Bitcoin during the bearish are their worries of losing much money on it, because we still don't know whether the price of Bitcoin will be rising up or not, or the price will keep dropping.
This worry is actually normal. But actually buying BTC when the price dips rather than buying when the price already jumps high because commonly they will likely miss the party.
Imagine that we bought BTC in a bearish market, hold them for certain periods, and the price keeps increasing, it will be good for our investment
legendary
Activity: 2408
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Do you want to buy low sell high?.
Bear markets are sometimes not a bad thing but an opportunity so don't panic but see it as an opportunity to own bitcoin cheaply.
In a bear market, only the newbies don't know about the cycle of bitcoin so they panic sell and get out of the market. But for longtime investors, the sharks, this is the opportunity they've been waiting for after days of growth. Because we are in a bear market and we don't know how far bitcoin will fall, so do a proper DCA strategy every time bitcoin price drops.
hero member
Activity: 1134
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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.
sr. member
Activity: 1666
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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.
hero member
Activity: 2996
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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
That's the first wrong step and will ruined everything, you must not ever trust someone if you can't verify anything about their claims. If someone still trust any stranger about his Bitcoin, I believe he didn't even understand what is Bitcoin and just want to ride the trend for money oriented.

Anyone who already experienced at least since 2017, wouldn't afraid of bear market. The 2017-2018 years is a tough lesson for many peoples, if they're bought every dip when the Bitcoin price is $3000-$4000 they're a millionaire right now.
In trading, you will find it hard to trust someone because as long as money is involved, you are only taking the risk to be scam before you knew it. So trusting someone could only create losses on your part. Instead, have your own experience that will mold you to become a good trader in the process. However, bear market always bring opportunities along. The reason why we should prepare funds for it so we can maximize our purchase during bear season, as that could also mean creating large opportunities to be highly profitable when the bull season comes.
When you are already experienced then seeing bearish market isnt something talks about losses or being fear on making some step but actually its an opportunity to buy cheaper coins and other people

do really that way and others do see the opposite thing thats why on the time the market do make out some recovery then this is where regret lines do come out that they had missed on accumulating

while its still cheap and these lines would continue to be said because people cant really that resist on panicking whenever they do see price declines.Yes its normal but you should
know that its the right time to get in.
hero member
Activity: 3052
Merit: 606
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
That's the first wrong step and will ruined everything, you must not ever trust someone if you can't verify anything about their claims. If someone still trust any stranger about his Bitcoin, I believe he didn't even understand what is Bitcoin and just want to ride the trend for money oriented.

Anyone who already experienced at least since 2017, wouldn't afraid of bear market. The 2017-2018 years is a tough lesson for many peoples, if they're bought every dip when the Bitcoin price is $3000-$4000 they're a millionaire right now.
In trading, you will find it hard to trust someone because as long as money is involved, you are only taking the risk to be scam before you knew it. So trusting someone could only create losses on your part. Instead, have your own experience that will mold you to become a good trader in the process. However, bear market always bring opportunities along. The reason why we should prepare funds for it so we can maximize our purchase during bear season, as that could also mean creating large opportunities to be highly profitable when the bull season comes.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
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
If you are smart enough, buying bitcoin at its bearish state is the best move for a wise investor like you. Since wealth is build in the bear season, then we should also fill in our portfolio during the bear season. That way, we will get more discounts from buying bitcoin and with the rest of potential coins, and we will also maximize the profits once we start selling when the prices have reached their peaks. The bearish state of crypto market has definitely a lot of opportunities to offer, but only smart investors are aware of that.
legendary
Activity: 3010
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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.

That may be applicable to other entity but for Bitcoin, if we look at its history, we can always observe that the Halving always trigger the shifting of bear market to bull market.

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,

This is because most active traders use trading bots and it follows a certain set up so it is not surprising if it looks like most people are following most active entities.

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).

I think the italicized is an overstatement, it is simply speculation because lots of those so-called "predictions" are often times put to shame by the Bitcoin market.

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

It is always good to take advantage of the bearish market simply because we can buy Bitcoin at a discounted price.  If we have a sitting extra funds and won't be needing them for a long period of time, investing in a tested market is the best thing.
legendary
Activity: 3122
Merit: 1140
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Same boat as yours there.
New ATH is what I was waiting for as well before my next sell. I am not bothered in the slightest to what is the market even doing this time. It might not make us rich actually, but the return would be hella worth it.
That includes my small amounts getting from SCs. I hold some of them along with the one that I isolated in a separate wallet.
If you do really go for long term then price movements wont really be that much an issue or something that could make your freak out unlike on others who are really that active on watching its movement then they are

the ones who do really make themselves panic or getting worried into this particular bearish state.Considering that this had been always the common thing that we could see into this place.
Volatility is the main thing we could see from time to time whether going up or down.I couldnt blame out people on having doubts on taking action
because having those presumptions that whenever they do make out some buy decision they do mind for the price to go down even more.
hero member
Activity: 882
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If you plan to buy bitcoin but are afraid of bearish state, then you have two types of risk:
1. Buy bitcoin in it's bearish state - Risk: It may fall and you will have to wait sometime, it can be days, weeks, months, years to get profit.
2. Do a short sell - Risk: If the bear market turns into the bull, you'll lose.

There is a third choice: Just wait and see what will happen, if the price falls you'll buy later and profit more or at least you'll learn something from that moment.

But would you mind to spend 1/4 of your budget at the moment when you are afraid because of the bearish state? You either get some profit or you'll lose tiny amount but will find a better time to not only get your tiny amount back but to profit much higher.
sr. member
Activity: 1610
Merit: 264
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Same boat as yours there.
New ATH is what I was waiting for as well before my next sell. I am not bothered in the slightest to what is the market even doing this time. It might not make us rich actually, but the return would be hella worth it.
That includes my small amounts getting from SCs. I hold some of them along with the one that I isolated in a separate wallet.
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