Afraid to buy Bitcoin in its bearish state?

naira

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Quote from: eaLiTy on May 07, 2022, 01:55:14 PM

Quote from: naira on May 07, 2022, 01:21:40 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, 01:21:40 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, 12:30:04 PM

Quote from: nurilham on May 06, 2022, 06:54:51 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?

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Quote from: YinShuiSiYuan on May 07, 2022, 12:30:04 PM

Quote from: nurilham on May 06, 2022, 06:54:51 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, 06:54:51 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.

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Quote from: savetheFORUM on May 05, 2022, 01:50:19 AM

Quote from: bitcrystal on May 03, 2022, 06:08:51 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, 05:46:50 PM

Quote from: Issa56 on May 06, 2022, 05:23:27 PM

Quote from: Wakate on May 04, 2022, 06:13:38 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.

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Quote from: Fundamentals Of on May 02, 2022, 09:48:51 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, 05:23:27 PM

Quote from: Wakate on May 04, 2022, 06:13:38 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, 06:13:38 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, 05:32:32 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, 05:32:32 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, 09:27:40 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, 12:53:06 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, 12:02:10 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, 02:54:46 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, 08:04:22 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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I say you would feel safer wrapping it on a sidechain. I got my beer now.

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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.

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Quote from: Mr.sprin on May 04, 2022, 07:12:20 PM

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.

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Quote from: Mr.sprin on May 04, 2022, 07:12:20 PM

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.

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Quote from: bitcrystal on May 03, 2022, 06:08:51 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.

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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.

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Quote from: blatchcorn on May 04, 2022, 12:18:19 AM

Quote from: Fundamentals Of on May 03, 2022, 09:32:32 PM

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.

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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.

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Quote from: AjithBtc on May 04, 2022, 05:32:32 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.

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.

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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

Marvell1

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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.

Wakate

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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.

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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.

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Quote from: Finestream on May 04, 2022, 04:57:43 PM

Quote from: Jawhead999 on May 02, 2022, 10:58:48 PM

Quote from: TheGhostMan on May 02, 2022, 09:27:40 PM

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.

Finestream

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Quote from: Jawhead999 on May 02, 2022, 10:58:48 PM

Quote from: TheGhostMan on May 02, 2022, 09:27:40 PM

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.

Viscore

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Live with peace and enjoy life!

Quote from: TheGhostMan on May 02, 2022, 09:27:40 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

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.

serjent05

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Quote from: TheGhostMan on May 02, 2022, 09:27:40 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.

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.

Quote from: TheGhostMan on May 02, 2022, 09:27:40 PM

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.

Quote from: TheGhostMan on May 02, 2022, 09:27:40 PM

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.

Quote from: TheGhostMan on May 02, 2022, 09:27:40 PM

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.

dunfida

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Quote from: isaac_clarke22 on May 04, 2022, 01:40:57 PM

Quote from: cryptoaddictchie on May 03, 2022, 12:32:54 AM

~

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.

Synchronice

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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.

isaac_clarke22

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Quote from: cryptoaddictchie on May 03, 2022, 12:32:54 AM

~

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.

qwertyup23

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Quote from: mk4 on May 02, 2022, 11:09:02 PM

Quote from: Fundamentals Of on May 02, 2022, 09:48:51 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. 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?

Sounds so simple and so great in theory, but good luck getting the typical newbie “investor” to do it successfully; as if we would know what the price floors and price ceilings would be.

For most people — assuming they actually know what they’re investing in, the ever so simple buy and hold is the way to go; while looking for ways to increase cash flow in other places outside crypto.

I agree with your statement- I mean, it is definitely easier said than done especially if you are an investor who invested large quantities of capital in BTC. In this case, the slightest movement of price, whether an increase/decrease, could mean a gain or loss of thousands to millions on your part.

Though I do agree with your point, it is still essential that you recognize the goal behind your investments. If you plan on HODLing your investments for long-term, then better purchase now while the price is bearish. If you plan on focusing on short-term gains, hence, short-term investments, then I really suggest to purchase only a handful of BTCs and trade them once the price increases.

wxa7115

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Bitcoin is GOD

Quote from: Sled on May 04, 2022, 08:20:16 AM

Quote from: bitcrystal on May 03, 2022, 06:08:51 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.

The old-timers will think that way but for newbies? Worries could be in their heart and minds. They (newbies) still have doubts about buying the dip and this not be the best option for them. But neither we blame them nor urge them to buy simply because they don't survive due to their emotions. Newbies aren't familiar with this DCA technique, so I don't expect them to use this or even have the interest.

Anyway, buying the dip is very common, yet it was risky. And for those who are impatient people, I'm surprised if they will take this opportunity.
As for the market moves in the sideways, the more we are careful to make decisions especially if we are in trading.

I agree that buying the dip is not something for which newbies are prepared, after all even if it is a great strategy the amount of time that you could need to hold those coins can be very long as it could take a lot of time for the bull market to materialize.

And if to this we add the inexperience and the desire to make money quickly that most newbies have then this is not a good strategy for them to implement, and in that case it is better for newbies to simply take it slow and do nothing during an important decrease in the price and instead wait until a recovery is already underway.

Ndrisock

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He either butts up, then falls, this is his and stability, what to be afraid of

ivankoh

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Most investing or trading methods have some form of risk control. But with bitcoin, in most cases falling, it is an opportunity to seize without high risk if you understand bitcoin thoughtfully. I am applying my hedge fund distribution to buy bitcoin don't worry when you have bitcoins in your vault any bottom drop it will make more prospect for big profit long term. If you are an Elliott analytical trader, I think the DCA in bitcoin is something perfect.

Sled

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Bitcoin- in bullish time

Quote from: bitcrystal on May 03, 2022, 06:08:51 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.

The old-timers will think that way but for newbies? Worries could be in their heart and minds. They (newbies) still have doubts about buying the dip and this not be the best option for them. But neither we blame them nor urge them to buy simply because they don't survive due to their emotions. Newbies aren't familiar with this DCA technique, so I don't expect them to use this or even have the interest.

Anyway, buying the dip is very common, yet it was risky. And for those who are impatient people, I'm surprised if they will take this opportunity.
As for the market moves in the sideways, the more we are careful to make decisions especially if we are in trading.

Henrobakkara

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Quote from: TheGhostMan on May 02, 2022, 09:27:40 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

As we all know, the Bearish market is the best time to buy and since we cannot really predict when or perhaps where the bottom will be, it is best to do some DCA along as long as you have the extra finance to do so. However, we also understand how some investors think, waiting for the bottom as missing out in most cases and some will only begin to invest when the market starts going green missing what now was the bottom. When you think long-term in your investment, you would buy at any price provided the market is bearish.

buwaytress

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Never been afraid to buy (or in my case, earn), funny now I think of it. Each time clients offer to pay in stablecoin even I put down a hard no. It does mean I'm sitting on much lower value earnings from the past year or so, haha, and liquidating at lower values -- so that's where I'm afraid, when selling. Afraid's not even the right word. Wistfully regretful ha!

Can't ever see myself being too worried in bearish states though, as long as I'm anchored on the next rally... which I guess happens in 2 or 3 years from now.

lornadane

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Quote from: 19Nov16 on May 04, 2022, 04:47:56 AM

Losers are always afraid and think that any situation is not the right time to buy bitcoin, but successful investors always make the right moment to buy bitcoin, I'm sure those who are afraid for buying bitcoin now will say it's too late to buy if the price has skyrocketed again and then afraid when bearish again and so on.

It is true that failure is always with people who are afraid to try.
Even though it is true that now is the time for us to collect bitcoins as much as possible because when the market starts to rise again, soon the profits will be ours.

19Nov16

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Losers are always afraid and think that any situation is not the right time to buy bitcoin, but successful investors always make the right moment to buy bitcoin, I'm sure those who are afraid for buying bitcoin now will say it's too late to buy if the price has skyrocketed again and then afraid when bearish again and so on.

blatchcorn

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Quote from: Fundamentals Of on May 03, 2022, 09:32:32 PM

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.

Fundamentals Of

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Quote from: electronicash on May 03, 2022, 09:57:21 PM

Quote from: Fundamentals Of on May 03, 2022, 09:32:32 PM

Quote from: mk4 on May 02, 2022, 11:09:02 PM

Quote from: Fundamentals Of on May 02, 2022, 09:48:51 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. 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?

Sounds so simple and so great in theory, but good luck getting the typical newbie “investor” to do it successfully; as if we would know what the price floors and price ceilings would be.

For most people — assuming they actually know what they’re investing in, the ever so simple buy and hold is the way to go; while looking for ways to increase cash flow in other places outside crypto.

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.

once the price goes cheaper the next day, an investor would think he best buys BTC the next time it dips again. his loss gets bigger as the value depreciates further.

That loss is paper loss. It is either the investor is still convinced of what he is investing in and would grab the opportunity to invest more with a cheaper price, if he has still money to spend, or he would have shaky hands and feel fear and sell whatever he bought earlier thinking that he would just buy it back once the price falls even more. The latter has been a typical mistake of a lot of people. Most of the time, they miss buying altogether and regret it once the price has recovered. If you can't buy more, it's best to just forget about the price once the buy order has been filled.

electronicash

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buying now will make the investor panic more than ever when the price goes below $30,000. it's not easy looking at the value drips.
the whales must have been expecting the price to really go this low because it's been a month since the price had not jumped back to more than $45,000.

Quote from: Fundamentals Of on May 03, 2022, 09:32:32 PM

Quote from: mk4 on May 02, 2022, 11:09:02 PM

Quote from: Fundamentals Of on May 02, 2022, 09:48:51 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. 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?

Sounds so simple and so great in theory, but good luck getting the typical newbie “investor” to do it successfully; as if we would know what the price floors and price ceilings would be.

For most people — assuming they actually know what they’re investing in, the ever so simple buy and hold is the way to go; while looking for ways to increase cash flow in other places outside crypto.

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.

once the price goes cheaper the next day, an investor would think he best buys BTC the next time it dips again. his loss gets bigger as the value depreciates further.

btc78

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Eloncoin.org - Mars, here we come!

Quote from: TheGhostMan on May 02, 2022, 09:27:40 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.

you did not mentioned about lowering to 37k in which the price now

https://coinmarketcap.com/currencies/bitcoin/

but having this in the system ? it looks like the price of Bitcoin will finally break 50k in the next months because we have failed to take this last April.

hoping there will be light at least in 2 months to come .

Fundamentals Of

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Quote from: mk4 on May 02, 2022, 11:09:02 PM

Quote from: Fundamentals Of on May 02, 2022, 09:48:51 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. 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?

Sounds so simple and so great in theory, but good luck getting the typical newbie “investor” to do it successfully; as if we would know what the price floors and price ceilings would be.

For most people — assuming they actually know what they’re investing in, the ever so simple buy and hold is the way to go; while looking for ways to increase cash flow in other places outside crypto.

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.

GreatArkansas

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Quote from: TheGhostMan on May 02, 2022, 09:27:40 PM

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 understandable and most common mistakes of the people especially in newbies, they have more trust to other people or entities instead on doing research and deciding by their ownself.
But we can't blame them, that's how those entities works, they are expert on that field especially those reputable ones. Be just careful and don't really rely 100% on them.

TelolettOm

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