Topic: Are you buying right now ? (Read 947 times)
Well I am mining which means I am always buying. I sell less of what I mine. Since my profits are higher.
I will buy bitcoin right now because not any effect although tomorrow is chines new year and bitcoin keep higher price, maybe investor bitcoin not only from China right now but almost countries and company have believe with bitcoin and make good decision as investment assets for the future, although tomorrow Chinese new year and many Chinese investor sell bitcoin but keep higher price, nice to see not have any impact with bitcoin price now.
of course you have to prepare a lot of funds if you buy bitcoin today, because in 2 consecutive days bitcoin creates ATH. and now it is in the position of $ 51K + and the possibility will increase of course it could happen again any time.If your belief is clear, I appreciate it because I believe that bitcoin will continue to increase, and if there is sufficient funds, of course there is no need to be afraid like you said, because bitcoin will always move up and I also believe in that.
The predicted decline will clearly not be affected by the Chinese New Year and at this time it has been proven and real that it is still increasing.
I will buy bitcoin right now because not any effect although tomorrow is chines new year and bitcoin keep higher price, maybe investor bitcoin not only from China right now but almost countries and company have believe with bitcoin and make good decision as investment assets for the future, although tomorrow Chinese new year and many Chinese investor sell bitcoin but keep higher price, nice to see not have any impact with bitcoin price now.
Well what i bought is XRP yesterday and Lucky to sell off just hour ago gaining 100%+
but Bitcoin ? no have no plan at all for now.
Maybe sooner since i still hold some good amount inside my wallet and some is on exchange that i am waiting to convert .
but Bitcoin ? no have no plan at all for now.
Maybe sooner since i still hold some good amount inside my wallet and some is on exchange that i am waiting to convert .
You are lucky to be able to earn from a surprising increase from XRP, you should always prepare yourself because opportunities sometimes pass quickly but you including the lucky ones because you did.
Indeed, for bitcoin, because the price is too high, it requires a large amount of funds, it is better to buy potential altcoins that are currently popping up because it is estimated that many altcoins will reach ATH, as has been experienced by ethereum yesterday.
If you Have made act on that risky movement ? then you may have profit more than 20% ? because after that 35,000 Bitcoin price Pumped Up to the Highest 42,000$ and above and almost break the 43k also.
Actually it was our decision that makes matter , either buying in falling prices of in growing ? the thing is our capacity and our trust in the currency we will be Investing so if we can afford waiting and holding ? the chance of profit is 100% for sure but of course this will take time .
Another point of view is that it is said to best buy when it is going down, not do not buy when it is going up, those are very different two things. You should buy when it is going down, you could buy when it is going up as well but that is "could" and "should" difference, you "should" do one but you "could" do the other.Actually it was our decision that makes matter , either buying in falling prices of in growing ? the thing is our capacity and our trust in the currency we will be Investing so if we can afford waiting and holding ? the chance of profit is 100% for sure but of course this will take time .
I would say if you bought bitcoin when it was going down in march, you would have made a ton of profit, I mean literally 10x increase in your investment, if you bought after 20k? You would have made 2x. That means you would be doing a risky investment and in one of them you make 10x whereas in the other you make 2x return. Obviously both of them are profitable and you definitely would want to profit like that, who says no to a 2x increase but when there is the 10x option that is obviously a much better option than the latter one.
Its above a weekly average and while it remains so its a viable trade as trending positively. With a stop loss, its reasonable to trade this, the target downside isnt that much lower then here despite subdued sentiment its reasonable to expect rises medium term can lead to speculative gains here.
So presuming we've broken something of a pullback or downside since peaking earlier in this year, it can rise a little better more consistently then that Musk high we saw last week.
So thats downside area of about 31k vs a target potential of about 37k which on daily bars is more obviously a range area to top off trades at. Those with more extreme caution or just more of a swing trade would be to work off the 50 day average, again near to 31k
So presuming we've broken something of a pullback or downside since peaking earlier in this year, it can rise a little better more consistently then that Musk high we saw last week.
So thats downside area of about 31k vs a target potential of about 37k which on daily bars is more obviously a range area to top off trades at. Those with more extreme caution or just more of a swing trade would be to work off the 50 day average, again near to 31k
I have long read the best investment tactic is to never buy when the price is climbing.
BUT alas!
It first crossed 20, then 22, then 27, then 30, then 32!! Then now it's nearly around 35 and I wanted to take a little risk.
If you Have made act on that risky movement ? then you may have profit more than 20% ? because after that 35,000 Bitcoin price Pumped Up to the Highest 42,000$ and above and almost break the 43k also.BUT alas!
It first crossed 20, then 22, then 27, then 30, then 32!! Then now it's nearly around 35 and I wanted to take a little risk.
Actually it was our decision that makes matter , either buying in falling prices of in growing ? the thing is our capacity and our trust in the currency we will be Investing so if we can afford waiting and holding ? the chance of profit is 100% for sure but of course this will take time .
Thats important, Holding.
Through all the "normal turmoil" of he last month Bitcoin is still following its
Stock To Flow model, and this values Bitcoin at around $100,000 towards the
end of the year so this addresses the questions of the OP
Quote
What do you think is going on with the market ?
Can we pass beyond the 40k resistance??
How far is the bull run for , or maybe this time it is going to be stable around this price??
Can we pass beyond the 40k resistance??
How far is the bull run for , or maybe this time it is going to be stable around this price??
If we look at the STF chart it is easy to see 2 things, how Bitcoin swings wildly
up or down through the light blue line all the time following its trajectory.
These swings up and down will continue as they always have.
Source > https://pump-audio.com/bitcoin/
Well what i bought is XRP yesterday and Lucky to sell off just hour ago gaining 100%+
but Bitcoin ? no have no plan at all for now.
Maybe sooner since i still hold some good amount inside my wallet and some is on exchange that i am waiting to convert .
but Bitcoin ? no have no plan at all for now.
Maybe sooner since i still hold some good amount inside my wallet and some is on exchange that i am waiting to convert .
Prediction about what going next literary impossible, here we only make assumptions. I simply expect that some whale come in and manipulate the market which action drop few thousand dollar on behalf of us. At the end, my money and my decision. I do keep up certain guidelines while purchasing, like stop being a retard chasing pump and dumps.
Indeed, we cant certainly predict the next movement of bitcoin and its not wise to go with the flow by buying even at peak price. We must have plan on when to engage ourselves, we need to be more careful and set aside our emotions. I already set my mind to only buy during price decline thus no matter how high the price consistently be its not a reason for me to break what I used to do when it comes to buying bitcoin or altcoins.
Prediction about what going next literary impossible, here we only make assumptions. I simply expect that some whale come in and manipulate the market which action drop few thousand dollar on behalf of us. At the end, my money and my decision. I do keep up certain guidelines while purchasing, like stop being a retard chasing pump and dumps.
You are right, whales still do what they do best, they manipulate the price and here we are riding on it.
That's why it's important to understand and accept that anytime there will be a sudden price dump or pump, we just need to make sure we make the right decision and we always at the right side. As an investor, we can always benefit on any price movement, that if we will use our initiative and believe that the market will never crash.
I have long read the best investment tactic is to never buy when the price is climbing.
BUT alas!
It first crossed 20, then 22, then 27, then 30, then 32!! Then now it's nearly around 35 and I wanted to take a little risk.
If you Have made act on that risky movement ? then you may have profit more than 20% ? because after that 35,000 Bitcoin price Pumped Up to the Highest 42,000$ and above and almost break the 43k also.BUT alas!
It first crossed 20, then 22, then 27, then 30, then 32!! Then now it's nearly around 35 and I wanted to take a little risk.
Actually it was our decision that makes matter , either buying in falling prices of in growing ? the thing is our capacity and our trust in the currency we will be Investing so if we can afford waiting and holding ? the chance of profit is 100% for sure but of course this will take time .
Prediction about what going next literary impossible, here we only make assumptions. I simply expect that some whale come in and manipulate the market which action drop few thousand dollar on behalf of us. At the end, my money and my decision. I do keep up certain guidelines while purchasing, like stop being a retard chasing pump and dumps.
I'm not buying anything at this point. I went all in early on and after the first bull market I've decided to slowly move from bitcoin to fiat with every big bull market. It's not because I want to get rid of my coins but because I'm aware of Bitcoin cycles and I don't want to get stuck being all in for 2 or 3 years of a bearish cycle. That said, I'm still planning to keep 90% of my coin investments regardless of what happens with the price now. I don't expect it to go lower than 19k in the worst scenario, and I held at 19k, so not much will change in that department 
If it comes that low I'll buy with 50% of my realised profits from this cycle and have the same number of bitcoins that I had in 2020.
If it comes that low I'll buy with 50% of my realised profits from this cycle and have the same number of bitcoins that I had in 2020. 
Buying right now? why not looking with good news every day I think get much profit if wanna buy now, maybe still wait early when good moment coming because bitcoin and altcoin looks stable price, when bitcoin or altcoin success raise to higher price this best time for buying and keep touch with much profit pump above 50% or 100%.
Of course right now I buy more altcoins than bitcoins, it has been proven that the monthly candles will likely close above $ 30k and that is good news for cryptocurrencies, especially altcoin holders, because there are many rumors that this altcoin season will happen in February,
remember! Doge, Ethereum, Link, AAVE have reached the new ATH and many more, invest in good projects and you will feel amazing profits.
We have our own personal priorities so it is understandable what you can do during this market.
There's nothing wrong spending your money to your family's basic needs. I think that is actually great.
We can always find money in our lifetime but the time spent with family is not replaceable.
Am not buying but holding my btc as much as I can. Don't have extra money to buy as well.
That is the only reason why I would be fine with selling as well. I do not like to sell my currencies just to take out profit, that is really not a good reason in my point of view because if I sell to take out my profit and if you sell and the other one sells if we all sell to take out our profits eventually there wouldn't be any profits to be taken very soon. This is exactly why I am not really in support of selling to take out profit.There's nothing wrong spending your money to your family's basic needs. I think that is actually great.
We can always find money in our lifetime but the time spent with family is not replaceable.
Am not buying but holding my btc as much as I can. Don't have extra money to buy as well.
However one more thing, if you want to sell and use that money to have a good time with your family, that is a great thing. I had a friend who had about 100 bitcoins from very very early days of bitcoin world, he sold it at 20k and now that it is 40k he feels a bit sad, but with that money he made from selling at 20k (in 2017) he bought a house and he paid all his debts and put some aside for interest and future of his children, now that is a very very good reason to sell.
Buying right now? why not looking with good news every day I think get much profit if wanna buy now, maybe still wait early when good moment coming because bitcoin and altcoin looks stable price, when bitcoin or altcoin success raise to higher price this best time for buying and keep touch with much profit pump above 50% or 100%.
No. I am not buying right now because first I don't have money to invest because I lost my day job, second even if I have money to invest I will still prioritize my family's basic needs and third I am not a long term hodler.
Those who are into bitcoin for long term should not tend to buy bitcoin because of the nature of the market right now, having said that, those that should buy from this point should make bitcoin on long term and not for short term. Well there is nothing bad about prioritizing ones families becasue one can't feel comfortable while families go hungry, i would suggest that, don't take care of the families without keeping something for future purposes. We have our own personal priorities so it is understandable what you can do during this market.
There's nothing wrong spending your money to your family's basic needs. I think that is actually great.
We can always find money in our lifetime but the time spent with family is not replaceable.
Am not buying but holding my btc as much as I can. Don't have extra money to buy as well.
If I had extra money, I would definitely buy Bitcoin, because buying Bitcoin now is not a problem in my opinion. Because the price of Bitcoin will
continue to rise, so as long as we can be patient, buying Bitcoin at any price will definitely make a profit. Because Bitcoin is an asset that has
a very high risk, buying Bitcoin must use the money that we can afford to lose. So when the Bitcoin price goes down, we don't have to sell it.
We can HODL it until the price goes up again.
continue to rise, so as long as we can be patient, buying Bitcoin at any price will definitely make a profit. Because Bitcoin is an asset that has
a very high risk, buying Bitcoin must use the money that we can afford to lose. So when the Bitcoin price goes down, we don't have to sell it.
We can HODL it until the price goes up again.
It's a pity that no one has ever (except people who are fantastically far from us) seen such money
The whole point of money is that it is a limited resource and if we have additional money, then we already know where we can spend it.
If there really were people with "extra" money, then bitcoin would already be worth millions.
No. I am not buying right now because first I don't have money to invest because I lost my day job, second even if I have money to invest I will still prioritize my family's basic needs and third I am not a long term hodler.
Those who are into bitcoin for long term should not tend to buy bitcoin because of the nature of the market right now, having said that, those that should buy from this point should make bitcoin on long term and not for short term. Well there is nothing bad about prioritizing ones families becasue one can't feel comfortable while families go hungry, i would suggest that, don't take care of the families without keeping something for future purposes. If I had extra money, I would definitely buy Bitcoin, because buying Bitcoin now is not a problem in my opinion. Because the price of Bitcoin will
continue to rise, so as long as we can be patient, buying Bitcoin at any price will definitely make a profit. Because Bitcoin is an asset that has
a very high risk, buying Bitcoin must use the money that we can afford to lose. So when the Bitcoin price goes down, we don't have to sell it.
We can HODL it until the price goes up again.
There's no basis supporting that it's market value will continuously increase. Holding it as well, alone, will not generate that much of a profit unless you invested at its early years. It is quite hard to believe that its market value will be able to increase that much given that its market price is already expensive. So I'd say it will still be gamble perhaps investing at this point, whether its price will still be able to be higher or not. But if you still choose to invest, no one will prohibit you to do so. Just analyse the market in order to avoid regret if things will be happening not having accordance to your expectations. continue to rise, so as long as we can be patient, buying Bitcoin at any price will definitely make a profit. Because Bitcoin is an asset that has
a very high risk, buying Bitcoin must use the money that we can afford to lose. So when the Bitcoin price goes down, we don't have to sell it.
We can HODL it until the price goes up again.
If we do just think deeply when it comes to profit possibilities:
Holding bitcoin or accumulating ==== We are waiting for possible 2x or 3x in price.
Actively trading === Accumulated profit might really be more than into those above but of course the risk would be doubled since you would be dealing the market actively.
Altcoin investment ==== One of alternatives because multiplying its price in a short time isnt really too far off unlike if we do talk on expensive coins like bitcoin.
This is why some people would really go after this one.
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