If you are not sure the best thing is buy in stages, maybe buy a few now and buy some more when it goes lower and so on, if you want to wait for the bottom you might end up missing out. I think this method is better than buying everything at once (although there is nothing wrong with that), you can split the money into 3 parts and buy anytime it goes lower.
Some people are speculating it can go as low as 30k, if that happens you wouldn't want to miss out on it.
There is nothing to be afraid of even if you decide to buy now at this price, you know what btc is capable of doing when the market is back up.
Topic: Afraid to buy Bitcoin in its bearish state? - page 4. (Read 642 times)
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Don't you think it's a good way to take advantage of the bearish state of said cryptocurrency?
Of course it's a good idea. This volatile currency has maintained a fairly relative behavior, at one time it can reach extremely low levels and at another it can recover to record highs, so buying in its worst state could mean a rewarding investment in the medium term, since in the The moment this begins its ascent, the profits would become promising.
But Carrying out this purchase and sale or trading is an activity of great care, if it is not carried out in the correct way it can cause unfavorable losses until you end up losing everything invested, so for those who wish to carry out this work it is advisable to study very carefully. Beware of the consequences that could result, whether good or bad. Choosing the best strategy brings good results as a reward.
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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.
It's really hard to predict bitcoin, and those who predicted that bitcoin will oscillate between $25k, how did they come about this prediction.? For all I know, this might never happen, and in the case of it happening, it could be worster than predicted, what am trying to say is that, bitcoins can't be accurately predicted, professionals can try to put 1 and 2 together through analysis, research chart reading etc, to come up with an idea of what the price of bitcoin should be in a certain period in the future, but like I said, they are all ideas, they can never be truly accurate.
For me personally, Bitcoin has always been the best cryptocurrency on the market, as it has always provided an opportunity to earn money for all those who invested in it. As for the situation now, those who believe in BTC will definitely invest in it or simply keep the coins they have already received, since at any moment the price of Bitcoin can again go to the moon. And this is definitely facilitated by its bearish state, because it allows everyone to buy BTC at a lower price and receive excellent income in the future.
I think that this decision rather depends on the person who will work. I have verified this more than once. You shouldn't be afraid.
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. Others would think it is irresponsible to recommend buying during the red days in the market. But when is the better time? When the price has already recovered?
The best time to buy bitcoin is when it is cheap during the bear times. I do not understand why people do not want to buy bitcoin when it is cheap. These people buy bitcoin near the all time high when they have the fear of missing out. This is the wrong approach. If anyone wants to accumulate bitcoin, this is another good time to do the dollar cost average.
I agree with your opinion . because
people who enter when prices start high and even higher they are people who think bitcoin will be able to provide higher profits than what they bought by looking at the profits obtained from people who buy bitcoin when the lowest price is even very low, but if we speculate and dare take the risk by determining at what price we enter and determine what % we will get a profit. whenever we can enter in bitcoin trading itself is not it and if we are too greedy in taking profits we will definitely lose
The technique of many more profit is to buy low and sell high. Now that the bitcoin market is falling including the whole crypto coins, this is the best best time to buy Bitcoin and any of the altcoins we are interested to buy. Some Investors are thinking whether the market will fall more but that should not be a problem. If the market falls more, buy more.
We should not be afraid to buy more coins at this stage that the market is, contineous buying should be our focus than waiting for the market to fall more before we buy. Their is great virtue holding more quantity of Bitcoin than being afraid to buy.
We should not be afraid to buy more coins at this stage that the market is, contineous buying should be our focus than waiting for the market to fall more before we buy. Their is great virtue holding more quantity of Bitcoin than being afraid to buy.
As the title says, I have never been afraid to consider it as an accumulation asset for the future. Indeed, I have also bought BTC at a higher price than it is today but I must admit that I also bought it at a low price as of 2020. While my investment in the market isn't perfect for many people, I've always been happy and grateful for everything I've received, over time and in the future. In the future, I still have a mindset that holds more BTC with spare money.
When you say bullish or bearish for bitcoin there are actually other things there like buying and selling.
Instead of being afraid to buy in Bearish I'm on the contrary, I always make those purchases at times like that even when bitcoin is correcting deep enough I'm always there ready to buy.
This is quite reasonable considering this is the most basic way to invest because in the mirror from the current economic system, namely buying when it is cheap and selling when the price is high, of course this is something that makessense.
Instead of being afraid to buy in Bearish I'm on the contrary, I always make those purchases at times like that even when bitcoin is correcting deep enough I'm always there ready to buy.
This is quite reasonable considering this is the most basic way to invest because in the mirror from the current economic system, namely buying when it is cheap and selling when the price is high, of course this is something that makessense.
Any investment when it is bearish is a good time to buy, so why be afraid, because this is a characteristic of all investments, buy low sell high.
especially bitcoin when the price is bearish is a very good time to buy it and if it continues to fall you buy back and stay that way for the purpose of growing ownership and if you do it for the long term don't be afraid, because after experiencing a decline even for a long time, and finally the price will rise again, even exceeding the previous high.
but all that does require a lot of strong patience but if you aim for long term it is the best choice to make maximum profit.
especially bitcoin when the price is bearish is a very good time to buy it and if it continues to fall you buy back and stay that way for the purpose of growing ownership and if you do it for the long term don't be afraid, because after experiencing a decline even for a long time, and finally the price will rise again, even exceeding the previous high.
but all that does require a lot of strong patience but if you aim for long term it is the best choice to make maximum profit.
A bear market is always the best time to invest, but the fact is that it is always the most difficult time to buy, because there is a fear that the price will not rise again. I've been investing in bitcoin for a while and don't worry about what the market is now, the only time I stopped buying was when the price was above 50k, then I just waited for what would happen next. Now is a good time to buy in equal parts, every month, I do not rule out that now bitcoin may fall even lower. If that happens, I will still buy.
Any investment when it is bearish is a good time to buy, so why be afraid, because this is a characteristic of all investments, buy low sell high.
especially bitcoin when the price is bearish is a very good time to buy it and if it continues to fall you buy back and stay that way for the purpose of growing ownership and if you do it for the long term don't be afraid, because after experiencing a decline even for a long time, and finally the price will rise again, even exceeding the previous high.
but all that does require a lot of strong patience but if you aim for long term it is the best choice to make maximum profit.
especially bitcoin when the price is bearish is a very good time to buy it and if it continues to fall you buy back and stay that way for the purpose of growing ownership and if you do it for the long term don't be afraid, because after experiencing a decline even for a long time, and finally the price will rise again, even exceeding the previous high.
but all that does require a lot of strong patience but if you aim for long term it is the best choice to make maximum profit.
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,
Someone like me does not get freak by name, brand or fame because i got to realize sometimes they got nothing new to offer but rather they try to make a media stir all because of the reputation on past records, I can only reason along with their prediction if personally convinced base on my own research as well, the fact remains that no accuracy in their predictions, everyone just propot a guess to a likely future base on possibilities and not certainty.
Don't you think it's a good way to take advantage of the bearish state of said cryptocurrency?
Taking the advantage of bitcoin for an investment at the bearish season will be of great benefit to bitcoiners and this is the best time to may a buy, so that one can sell high when the price pushes up, one have to understand as well that volatility is not one sided on bearish or bullish trend, but this is what happens continuous in bitcoin and that's why a target for buy and sell must be set through price speculation.
well if you are unsure if the price is going to go down still, you better not buy yet. it's however difficult to see the bottom of the price. today you can see the price had bottomed on a shorter time frame in the chart but zooming out to the monthly chart it hasn't even started yet.
if you are planning to buy, you might just have to wait and let the big investors do what they need to. maybe they will also dump pulling the price back to $29,000 again. we have no clue yet but watching popular predictions of popular traders, they were saying bears are going to sell.
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?
Yes I agree with you, right now seems to be a good way to top up any bitcoin holdings. In my opinion any purchase price below 40,000 USD is a good buy and will lead to go profits later this year. We are already facing a lot of issues this year in the world and still the major countries are not going into depression. As long as the economies, stock markets and crypto markets are holding out we should be fine. When it comes to asset prices it is all about the expectations of the future. If the world will not fall into Worldwar 3 this year, we should be able to see some new ATH. Waiting for the bitcoin price to drop to 25 or 20,000 USD is not a good idea, the risk of missing out on the next rally is to big.
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.
So much better to learn first until yiu gained enough knowledge so that you know what to do in any situation.
Don't you think it's a good way to take advantage of the bearish state of said cryptocurrency?
In my opinion, it is just like asking that 'is it good to eat and drink good food and water'. I am not being mean but just a simple way to know what the answer to your question could be. If the market is full of bears already, the bears are the ones that will turn bulls, some people that have not invested before but waiting for market price of bitcoin to fall will also invest which will trigger the price to increase again. Just that if someone want to invest, better to invest in long term rather than short term which is not promising unlike long term which is more promising of good return. 
It's funny how the Bitcoin price went from 40K to 38K and everyone(in the crypto news websites) is talking about a "bearish market".The Bitcoin price dropped by only two thousand dollars(less than 10%).It's not the end of the world.I would declare a bearish BTC market,if the price drops below 30K USD and stays there for several months. 
We should stop comparing the current BTC price with the last ATH price.The last ATH price was just a price bubble that popped pretty fast.
Should we buy BTC options or futures,instead of buying actual Bitcoins?To be honest,I don't care.
Just pick whatever you want.
We should stop comparing the current BTC price with the last ATH price.The last ATH price was just a price bubble that popped pretty fast.
Should we buy BTC options or futures,instead of buying actual Bitcoins?To be honest,I don't care.
Just pick whatever you want.
Receiving some btc via signature campaign weekly is like doing dca or purchasing btc on different price. I am holding it as I believe in bitcoin could trigger a new ath and we just need to be patience. If were gonna promote it to other investors then we should make sure how they could benefit from it and also how it works not just like buy it and youll be rich in the future.
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. Others would think it is irresponsible to recommend buying during the red days in the market. But when is the better time? When the price has already recovered?
The best time to buy bitcoin is when it is cheap during the bear times. I do not understand why people do not want to buy bitcoin when it is cheap. These people buy bitcoin near the all time high when they have the fear of missing out. This is the wrong approach. If anyone wants to accumulate bitcoin, this is another good time to do the dollar cost average.
Agree to this . The best example with this is sales on the mall that is like 50% off which means a lot of people will buy because its on sale , meaning also of this they are really aware of its price that is why they are really buying it and also others will do buy and sell of this that is how they are really illiterate in buying sales but when it comes to bitcoin it is really opposite that they dont buy when its on red days this means that they really dont know bitcoin is . If i do have spare money i will really buy bitcoin in small bits
Not just bitcoin, but any asset is a best buy during its bearish time! back in 2008, when sub prime crisis happened, a lot of people became a millionaire just by investing in the stock market when it was all time low. Same happened with bitcoin back in late 2018 when bitcoin suddenly dipped after seeing a ATH at around 20k USD. So it's the rule of the market. If you are thinking for long term, bearish market is the best time to enter. Same is happening with BNB and ETH so I believe it is a great time to buy them as well if you are thinking of staying invested for a long term.
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